Note 3 – Inventories

Inventories consisted of the following as of March 31, 2015 and June 30, 2014:

	March 31, 2015		June 30, 2014
	(Unaudited)		(Audited)
Finished goods	$	-	$	40,240
Raw materials		750,384		588,506
Total inventories	$	750,384	$	628,746

The Company from time to time will make advance payments to certain vendor to purchase raw materials. The advance payments will be reflected under other receivables. The Company has other receivables of $600,000 and $267,285 related to advance payments for raw material as of March 31, 2015 and June 30, 2014, respectively.