XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2017
Jun. 30, 2017
CURRENT ASSETS    
Cash $ 50,443 $ 50,331
Property Tax Receivable 1,285 1,221
Total Current Assets 51,728 51,552
FIXED ASSETS    
Land and buildings 651,816 619,592
TOTAL ASSETS 703,544 671,144
CURRENT LIABILITIES    
Accounts Payable 1,775 1,405
Taxes payable 35,665 30,389
Note Payable, Current Portion 149,248 153,638
Advances From a Related Party 104,943 96,725
Total current liabilities 291,631 282,157
Notes Payable 94,975 98,760
Total Long Term Liabilities 94,975 98,760
Total Liabilities 386,606 380,917
STOCKHOLDERS' EQUITY-    
Common stock, par value $0.01; At December 31, 2017 and June 30, 2017, 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 79,436 53,065
Accumulated deficit (20,739,468) (20,739,808)
TOTAL STOCKHOLDERS EQUITY 316,938 290,227
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 703,544 671,144
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