NOTE 3 - DISCONTINUED OPERATIONS

3 Months Ended

Sep. 30, 2017

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

NOTE 3 – DISCONTINUED OPERATIONS

Through December 31, 2016, the Company’s primary business activity was the sale of various consumer products and accessories. As of January 1, 2017, the Company ceased operations. On January 19, 2017, a change in control completed as the Company’s former majority shareholder sold his 16,155,746,000 shares to an investor group. In connection with the change in control, the Company sold to its former majority shareholder one of its subsidiary for $100 and another subsidiary in exchange for the cancellation of all payables and accrued expenses. As a result, in the year ended June 30, 2017, the Company recorded a gain on divestiture of subsidiaries of $706,076, as the subsidiaries were sold to a related party, the Company recorded the gain as a contribution to Additional Paid-in Capital. After the change in control, the Company’s operations are determined by the new investor group. As such, the Company accounted for all of its assets, liabilities and results of operations up to January 1, 2017 as discontinued operations.

The Company has reclassified its previously issued financial statements to segregate the discontinued operations as of the earliest period reported.

Revenue and expenses related to the discontinued operations were as follows:

	Three Months Ended
	September 30,
	2017		2016
	(Unaudited)
Sales	$	-	$	-
Cost of goods sold		-		-
Gross profit		-		-
Selling, general and administrative expenses:
Rent expense (related party in 2016)		-		20,786
Selling, general and administrative expenses		-		21,958
Total selling, general and administrative expenses		-		42,744
Loss from operations		-		(42,744	)
Other expenses
Interest expense, related party		-		(15,223	)
		-		(15,223	)
NET LOSS	$	-	$	(57,967	)
BASIC AND DILUTED LOSS PER SHARE    FROM DISCONTINUED OPERATIONS	$	-	$	(0.00	)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING       BASIC AND DILUTED		20,236,021,800		20,056,021,800