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INCOME TAXES
12 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
INCOME TAXES

NOTE 5.        INCOME TAXES

 

    As of June 30,
2015
 
         
Deferred tax assets:        
Net operating tax carryforward   $ 1,297,717  
Tax rate     34 %
Gross deferred tax assets     441,224  
Valuation allowance     (441,224 )
         
Net deferred tax assets   $ -0-  

 

Realization of deferred tax assets is dependent upon sufficient future taxable income during the period that deductible temporary differences and carryforwards are expected to be available to reduce taxable income. As the achievement of required future taxable income is uncertain, the Company recorded a valuation allowance.