SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Dec. 31, 2015

Summary Of Significant Accounting Policies Tables

Summary of Plant and Equipment

As of December 31, 2015 and June 30, 2015, Plant and Equipment consisted of the following: 

	December 31, 2015			June 30, 2015
Property, plant & equipment	$	31,378		$	29,044
Accumulated depreciation	$	(18,090	)	$	(16,905	)
	$	13,288		$	12,139

Computation of basic and diluted earnings per share

The following table sets for the computation of basic and diluted earnings per share for three and six month periods ended December 31, 2015 and 2014:

	Three month periods ended						Six month periods ended
	December 31, 2015			December 31, 2014			December 31, 2015			December 31, 2014
Basic and diluted
Net loss	$	(149,366	)	$	(78,632	)	$	(402,724	)	$	(216,323	)
Net loss per share
Basic	$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.01	)
Diluted	$	(0.00	)	$	(0.00	)	$	(0.01	)	$	(0.01	)
Weighted average number of shares outstanding:
Basic & diluted		58,823,116			31,790,918			58,722,023			29,493,137