Due to Related Party

9 Months Ended

Mar. 31, 2016

NOTE 6—DUE TO RELATED PARTY

Parties, which can be a corporation or individual, are considered to be related if we have the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

The Company received advances from the following related parties, under common control, to supplement the Company’s working capital.

	March 31,		June 30,
	2016		2015
Shenzhen Engage Mobile Technology Co., Ltd. (“Engage Mobility”)	$	470,000	$	470,000
Shenzhen Datang Engage Telecom Co., Ltd. (“Engage Telecom”)		188,759		92,096
	$	658,759	$	562,096

Shenzhen Engage Mobile Technology Co., Limited became a related party after Engage International Technology Co., Ltd. purchased 75.61% of the Company’s common stock from two stockholders of the Company on April 9, 2015. The advance is unsecured, payable on demand and non-interest bearing. During the three and nine month periods ended March 31, 2016, the Company received $40,000 and $96,663, respectively, in advances from Engage Telecom. As of March 31, 2016, the balance of the advances form related parties was $658,759.