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Subsequent Events
9 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Note 8 - Subsequent Events

Management has evaluated subsequent events through the date these unaudited condensed financial statements were available to be issued. Based on our evaluation no other material events have occurred that require disclosure, other than stated below.

 

On May 8, 2018, we entered into a Capital Contribution Agreement with our principal shareholder, Silverlight International Limited. Under the terms of the Capital Contribution Agreement, Silverlight contributed the assets of Zshoppers.com, an electronics and general products ecommerce website, valued at $100,000 to the Company, in exchange for the issuance of an additional 20,000 shares to Silverlight at $5 per share. The assets contributed to our Company consist of all assets used in the operation of the Zshoppers.com business, including, but not limited to Zshoppers domain names, social media accounts and email lists. In connection with the capital contribution, our Company will pay the former owner of Zshoppers.com 25% profit share for one year from the date of acquisition, plus $1,000 per month for the Payment Period.