Intangible Assets

3 Months Ended

Sep. 30, 2016

Intangible Assets [Abstract]

INTANGIBLE ASSETS

NOTE 5—INTANGIBLE ASSETS

Intangible assets consisted of the following:

	September 30,			June 30,
	2016			2016
Mobile platform	$	98,000		$	98,000
Patents		1,000			1,000
		99,000			99,000
Less:
Accumulated amortization		(80,538	)		(80,538	)
Impairment reserve		(18,462	)		(18,462	)
Intangible assets, net	$	-		$	-

Amortization expense charged to operations for the three months ended September 30, 2016 and 2015 was $0 and $8,167, respectively. During the year ended June 30, 2016, the Company reported an impairment loss of $18,462 over its intangible assets. The impairment loss was due to the cessation of the Company’s plan of operation as a mobile technology provider, and corresponding write down of the Company’s intangible assets.