XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2017
Jun. 30, 2016
CURRENT ASSETS    
Cash $ 50,331 $ 46,170
Property Tax Receivable 1,221 1,173
Total Current Assets 51,552 47,343
FIXED ASSETS    
Land and buildings 619,592 595,280
TOTAL ASSETS 671,144 642,623
CURRENT LIABILITIES    
Accounts Payable 1,405 2,599
Taxes payable 30,389 24,028
Note Payable, Current Portion 153,638 150,887
Advances From a Related Party 96,725 78,262
Total current liabilities 282,157 255,776
Notes Payable 98,760 122,609
Total Long Term Liabilities 98,760 122,609
Total Liabilities 380,917 378,385
STOCKHOLDERS' EQUITY-    
Common stock, par value $0.01; At June 30, 2017 and June 30, 2016, authorized 60,000,000 shares; issued and outstanding 2,292,945 shares. 22,929 22,929
Additional paid-in capital 20,953,991 20,953,991
Other Comprehensive Income 53,065 27,085
Accumulated deficit (20,739,808) (20,739,817)
TOTAL STOCKHOLDERS EQUITY 290,227 264,238
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 671,144 642,623
Convertible Preferred Stock, Series 2    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock 50 50
Convertible Preferred Stock, Series 3    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock
Convertible Preferred Stock, Series 5    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock