Amended Promissory Notes	9 Months Ended
Mar. 31, 2015
Amended Promissory Notes
Amended Promissory Notes	Note 5. Amended Promissory Notes On July 16, 2014 the Company issued a 10% Convertible Secured Promissory Note due March 15, 2015 in the principal amount of $90,000 in favor of LAB S.A. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and LAB S.A. and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and LAB S.A. agreed on March 15, 2015 to extend the note an additional 4 months to July 15, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On May 21, 2014 the Company issued a 10% Convertible Secured Promissory Note due January 20, 2015 in the principal amount of $250,000,000 in favor of Avatar Business Corp. (“Avatar”). The note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Avatar and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Avatar agreed on January 6, 2015 to extend the note to April 20, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On April 20, 2015, the Company and Avatar agreed to further extend the note for an additional six months to October 20, 2015. On May 21, 2014 the Company issued a 10% Convertible Secured Promissory Note due January 20, 2015 in the principal amount of $250,000,000 in favor of Chaco Holding S.A. (“Chaco”). The note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Chaco and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Chaco agreed on January 6, 2015 to extend the note to April 20, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On April 20, 2015, the Company and Chaco agreed to further extend the note for an additional six months to October 20, 2015. On July 16, 2014 the Company issued a 10% Convertible Secured Promissory Note due March 15, 2015 in the principal amount of $99,000 in favor of Claudio Gianascio. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Mr. Gianascio and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Mr. Gianascio agreed on March 15, 2015 to extend the note an additional 4 months to July 15, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On July 18, 2014 the Company issued a 10% Convertible Secured Promissory Note due March 17, 2015 in the principal amount of $60,000 in favor of Ecovalley Ventures S.A. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Ecovalley Ventures S.A. and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and EcoValley Ventures S.A. agreed on March 15, 2015 to extend the note an additional 4 months to July 17, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On August 15, 2014 the Company issued a 10% Convertible Secured Promissory Note due April 14, 2015 in the principal amount of $30,000 in favor of Massimo D’Onofrio. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Massimo D’Onofrio and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Massimo D’Onofrio agreed on March 17, 2015 to extend the note an additional 4 months to August 14, 2015 along with accrued interest through that date. All other terms of the note remain unchanged.

Amended Promissory Notes

9 Months Ended

Mar. 31, 2015

Note 5. Amended Promissory Notes

On July 16, 2014 the Company issued a 10% Convertible Secured Promissory Note due March 15, 2015 in the principal amount of $90,000 in favor of LAB S.A. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and LAB S.A. and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and LAB S.A. agreed on March 15, 2015 to extend the note an additional 4 months to July 15, 2015 along with accrued interest through that date. All other terms of the note remain unchanged.

On May 21, 2014 the Company issued a 10% Convertible Secured Promissory Note due January 20, 2015 in the principal amount of $250,000,000 in favor of Avatar Business Corp. (“Avatar”). The note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Avatar and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Avatar agreed on January 6, 2015 to extend the note to April 20, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On April 20, 2015, the Company and Avatar agreed to further extend the note for an additional six months to October 20, 2015.

On May 21, 2014 the Company issued a 10% Convertible Secured Promissory Note due January 20, 2015 in the principal amount of $250,000,000 in favor of Chaco Holding S.A. (“Chaco”). The note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Chaco and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Chaco agreed on January 6, 2015 to extend the note to April 20, 2015 along with accrued interest through that date. All other terms of the note remain unchanged. On April 20, 2015, the Company and Chaco agreed to further extend the note for an additional six months to October 20, 2015.

On July 16, 2014 the Company issued a 10% Convertible Secured Promissory Note due March 15, 2015 in the principal amount of $99,000 in favor of Claudio Gianascio. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Mr. Gianascio and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Mr. Gianascio agreed on March 15, 2015 to extend the note an additional 4 months to July 15, 2015 along with accrued interest through that date. All other terms of the note remain unchanged.

On July 18, 2014 the Company issued a 10% Convertible Secured Promissory Note due March 17, 2015 in the principal amount of $60,000 in favor of Ecovalley Ventures S.A. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Ecovalley Ventures S.A. and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and EcoValley Ventures S.A. agreed on March 15, 2015 to extend the note an additional 4 months to July 17, 2015 along with accrued interest through that date. All other terms of the note remain unchanged.

On August 15, 2014 the Company issued a 10% Convertible Secured Promissory Note due April 14, 2015 in the principal amount of $30,000 in favor of Massimo D’Onofrio. The Note was issued pursuant to the terms that certain securities purchase agreement by and between the Company and Massimo D’Onofrio and in connection with a contemplated reverse merger which was expected to close no later than November 30, 2014. However the merger was not able to close by that date and is now expected to close no later than June 30, 2015. The Company and Massimo D’Onofrio agreed on March 17, 2015 to extend the note an additional 4 months to August 14, 2015 along with accrued interest through that date. All other terms of the note remain unchanged.