10-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended June 30, 2014

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File No. 0-4454

INTERDYNE COMPANY

(Exact name of registrant as specified in its charter)

California	95-2563023
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

26 Briarwood
Irvine, CA	92604
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:  (805) 322-3883

Securities registered pursuant to Section 12(b) of the Act:  None

Securities registered pursuant to Section 12(g) of the Act: Common Stock, no par value

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes o  No x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes o  No x
 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes x  No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes x  No o

Check if there is no disclosure of delinquent filers in response to Item 405 of Regulation S-K contained in this form, and no disclosure will be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated Filer  o Accelerated filer o Non-accelerated filer  o Smaller reporting company  x

Indicate by check whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes x  No o

Total revenues for registrants fiscal year ended June 30, 2014 were zero.

The aggregate market value of voting Common Stock held by non-affiliates of the Registration on December 31, 2013 was $105,080.

As of August 31, 2014, there were 39,999,942 shares of Common Stock, no par value, issued and outstanding.

Transfer Agent for the Company is: OTR Inc., 1001 SW Fifth Ave., Suite 1550, Portland, OR 97204-1143, Tel: 503-225-0375.

PART I

ITEM 1. BUSINESS

The Company is currently dormant and is looking for new opportunities.

ITEM 2.  PROPERTIES

The Company uses the home office of an officer at 26 Briarwood, Irvine, CA 92604, and was charged management fees by the officer of $6,000 per annum during fiscal years 2014 and 2013 for the use of the home office and for providing accounting and other services.

ITEM 3. LEGAL PROCEEDINGS

The Company is not a party to any pending legal proceedings and no such proceedings are known to be contemplated.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

No matter was submitted to a vote of security holders of the Company during the fiscal year 2014.

PART II

ITEM 5.  MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS

The following table sets forth the range of low and high bid prices for the Company's common stock, for each fiscal quarter commencing July 1, 2011 and ending June 30, 2014. The prices for year ended June 30, 2014 were extracted from the Nasdaq website. Such quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and do not necessarily represent actual transactions.

2011	Low		High
Quarter ended September 30	$	0.0074	$	0.015
Quarter ended December 31	$	0.0074	$	0.0075
2012
Quarter ended March 31	$	0.0075	$	0.0075
Quarter ended June 30	$	0.0051	$	0.045
Quarter ended September 30	$	0.015	$	0.034
Quarter ended December 31	$	0.0022	$	0.02
2013
Quarter ended March 31	$	0.01	$	0.02
Quarter ended June 30	$	0.01	$	0.02
Quarter ended September 30	$	0.0023	$	0.045
Quarter ended December 31	$	0.022	$	0.022
2014
Quarter ended March 31	$	0.022	$	0.022
Quarter ended June 30	$	0.015	$	0.022

As of August 31, 2014, the high and low bid prices for the Company's Common Stock were $0.017 and $0.017 respectively. There were approximately 1,624 record owners of such Common Stock. To management's knowledge, the Company has never paid dividends on its common stock. The Company does not intend to pay dividends in the foreseeable future.

ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS

The following discussion should be read in conjunction with the Company’s financial statements.

The Company is currently dormant.

Between October 8, 1990 and June 30, 1991, the Company made advances to Acculogic, Inc., an affiliate, totaling $395,000. At June 30, 2014, the outstanding balance including interest totaled $206,902. The advances bear interest at a rate of 8.5% per annum and is payable on demand. Interest earned from the affiliate was $17,829 and $19,240 for the years ended June 30, 2014 and 2013, respectively.

The cash needs of the Company will be funded by collections from amounts due from its affiliate. (See paragraph on Certain Relationships and Related Transactions in Item 13).

Employees

The Company presently has no employees and is managed by the two incumbent directors: Sun Tze Whang, Chairman of the Board and Chief Executive Officer, and Kit Heng Tan, Chief Financial Officer/Principal Accounting Officer and Secretary. Kit Heng Tan charged the Company the sum of $6,000 per annum for fiscal years 2014 and 2013 for providing accounting and other services and also for the use of his home office. Neither of the Company's officers is currently represented by any labor union.

ITEM 7. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

The audited financial statements as of June 30, 2014 and June 30, 2013 and for the years then ended are set forth on the following pages.

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of Interdyne Company:

We have audited the accompanying balance sheets of Interdyne Company (the "Company") as of June 30, 2014 and 2013 and the related statements of operations and accumulated deficit, and cash flows for each of the years in the two-year period ended June 30, 2014. The Company’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Interdyne Company as June 30, 2014 and 2013, and the results of its operations and its cash flows for each of the years in the two-year period ended June 30, 2014 in conformity with accounting principles generally accepted in the United States of America.

s/s Farber Hass Hurley LLP

Camarillo, California

September 18, 2014

INTERDYNE COMPANY

BALANCE SHEETS
JUNE 30, 2014 AND 2013
ASSETS	2014			2013
CURRENT ASSETS:
Cash	$	2,730		$	6,427
OTHER ASSETS:
Due from affiliate		206,902			217,340
TOTAL ASSETS	$	209,632		$	223,767
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accrued professional fees	$	8,300		$	8,300
Accrued management fees to related party		12,500			15,500
Other accrued expenses		3,167			3,943
Total current liabilities		23,967			27,743
STOCKHOLDERS' EQUITY:
Preferred stock, no par value; authorized 50,000,000 shares; no shares outstanding		-			-
Common stock, no par value; 100,000,000 shares authorized; 39,999,942 shares issued and outstanding		500,000			500,000
Accumulated deficit		(314,335	)		(303,976	)
Total stockholders' equity		185,665			196,024
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	209,632		$	223,767

See accompanying notes to financial statements.

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INTERDYNE COMPANY

STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT
JUNE 30, 2014 AND 2013
	2014			2013
EXPENSES:
Professional fees	$	12,815		$	12,865
General and administrative		8,573			10,496
Management fees to related party		6,000			6,000
Total expenses		27,388			29,361
OTHER INCOME – Interest from affiliate		17,829			19,240
LOSS BEFORE INCOME TAXES		(9,559	)		(10,121	)
INCOME TAXES		800			800
NET LOSS		(10,359	)		(10,921	)
ACCUMULATED DEFICIT, BEGINNING OF YEAR		(303,976	)		(293,055	)
ACCUMULATED DEFICIT, END OF YEAR	$	(314,335	)	$	(303,976	)
NET LOSS PER SHARE BASIC AND DILUTED	$	0.00		$	0.01
WEIGHTED AVERAGE SHARES OUTSTANDING BASIC AND DILUTED		39,999,942			39,999,942

See accompanying notes to financial statements.

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INTERDYNE COMPANY

STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
	2014			2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$	(10,359	)	$	(10,921	)
Adjustments to reconcile net loss to net cash used in operating activities:		-			-
Changes in operating assets and liabilities:
Accrued interest		(17,829	)		(19,240	)
Accrued expenses		(3,775	)		(5,372	)
Net cash used in operating activities		(31,963	)		(35,533	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash received from affiliate		28,266			38,696
Net cash provided by financing activities		28,266			38,696
Net increase/(decrease) in cash		(3,697	)		3,163
CASH, BEGINNING OF YEAR		6,427			3,264
CASH, END OF YEAR	$	2,730		$	6,427
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION - Income tax paid	$	800		$	800

See accompanying notes to financial statements.

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INTERDYNE COMPANY

NOTES TO FINANCIAL STATEMENTS

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business - Interdyne Company (the "Company") was incorporated in October 1946 in the state of California. The Company is a dormant shell currently seeking new opportunities. On November 22, 1988, the Company filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California. On May 17, 1990, the Company’s Amended Plan of Reorganization (the “Plan”) was confirmed by Bankruptcy Court, and the Plan became effective May 29, 1990. On July 20, 1990, the Bankruptcy Court approved a stipulation for nonmaterial modifications to the Plan. All claims and interest have been settled in accordance with the terms of the Plan. On August 22, 1990, the Board of Directors approved a change in the Company’s year-end to June 30, pursuant to the Plan.

Cash and Cash Equivalents – For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents.

Concentrations of Credit Risk – Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of a receivable due from an affiliate. Due to a guarantee of the amount by a different credit-worthy affiliate, an allowance for possible losses has not been made.

Income Taxes – The Company accounts for income taxes in accordance with the provisions of the Financial Accounting Standards Board (“FASB”) codified within Accounting Standards Codification (“ASC”) Topic No. 740-10, Income Taxes. Deferred income taxes are recognized for the temporary differences between the tax basis of assets and liabilities and their financial reporting amounts. The Company assesses, on an annual basis, the realizability of its deferred tax assets. A valuation allowance for deferred tax assets is established if, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized.

Use of Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and the disclosure of contingent assets and liabilities. These estimates and assumptions are based on the Company’s historical results as well as management’s future expectations.  The Company’s actual results may vary from those estimates and assumptions.

Net Loss per Share – The Company adopted ASC No. 260, “Earnings Per Share”, that requires the reporting of both basic and diluted earnings (loss) per share. Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. In accordance with ASC No. 260, “Earnings Per Share”, any anti-dilutive effects on net income (loss) per share are excluded. The Company has no potentially dilutive securities outstanding for any years presented. Weighted average shares for computing net loss per share were 39,999,942 for each of the years presented.

Recent Accounting Pronouncements –In July 2013, the FASB issued ASU No. 2013-11, Topic 740 - Income Taxes ("ASU 2013-11") which provides guidance to the presentation of an unrecognized tax benefit when a net operating loss carry forward, a similar tax loss, or a tax credit carry forward exists. ASU 2013-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company intends to adopt this standard in the first quarter of fiscal 2014 and does not expect the adoption will have an impact on its consolidated financial statements.

Management has reviewed other recent accounting pronouncements and determined that none will have a material impact on the Company’s present or future financial statements.

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2. RELATED PARTY TRANSACTIONS

In prior years, the Company made advances to Acculogic, Inc., an affiliated company through common ownership and management. The advances bear interest at a rate of 8.5% per annum and are payable on demand. Interest recorded from the affiliate totaled $17,829 and $19,240, respectively, for the years ended June 30, 2014 and 2013. The outstanding balance, including interest, was $206,902 as of June 30, 2014 and $217,340 as of June 30, 2013 and is guaranteed by another affiliated company, until the receivable has been satisfied or discharged.

An officer of the Company charged a management fee totaling $6,000 for each of the years ended June 30, 2014 and 2013 for the use of a home office, accounting and other services. The amount payable was $12,500 and $15,500 as of June 30, 2014 and June 30, 2013, respectively.

3. INCOME TAXES

Income taxes for the years ended June 30, 2014 and 2013 represent state minimum franchise tax of $800. The Company had net operating loss carryovers for Federal income tax purposes totaling approximately $48,269 and $37,910, for the years ended June 30, 2014 and 2013, respectively. The ultimate realization of such loss carryovers will be dependent on the Company attaining future taxable earnings. Based on the level of historical operating results and projections of future taxable earnings, management believes that it is more likely than not that the Company will not be able to utilize the benefits of these carryovers. Therefore, in accordance with FASB ASC 740-10, a full valuation allowance has been provided against the gross deferred tax assets arising from these loss carryovers. If not utilized, the carryovers expire beginning in fiscal 2028.

The Company files income tax returns in the U.S. federal jurisdiction and in the state of California. With few exceptions, the Company is no longer subject to U.S. Federal and state tax examinations by tax authorities for the years ending June 30, 2010 and earlier.

4. MANAGEMENT'S PLANS (UNAUDITED)

Management is exploring opportunities for a merger candidate which will bring value to the Company. In addition, management is confident that amounts received from its receivable will be adequate to fund its cash needs through June 30, 2015.

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

The Company has not had any disagreements with its independent auditor on any matter of accounting principles or practices or financial statements disclosure.

ITEM 9A. CONTROLS AND PROCEDURES

Disclosure Controls - The Company’s management, comprising the Chief Executive Officer and Chief Financial Officer/Principal Accounting Officer, are responsible for establishing and maintaining disclosure controls and procedures for the Company. Management has designed such disclosure controls and procedures to ensure that material information is made known to them, particularly during the period in which this report was prepared. As of the end of the period covered by this report, our management carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (or Exchange Act)).  Based on this evaluation, as of the end of the period covered by this report, our management has concluded that our disclosure controls and procedures are not effective considering the fact that the Company, being dormant, has only one person on staff, the Chief Financial Officer/Principal Accounting Officer, to (1) handle all accounting transactions (consisting of primarily collecting funds from a related party and paying all expenses, including fees to this same officer); (2) reconcile the bank account, and (3) prepare all financial statement disclosures. The above duties have no supervision or review to insure proper segregation of duties and review of disclosures.

6

Management's Report on Internal Control Over Financial Reporting – The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rule 13a-15(f). The Company’s management conducted an evaluation of the effectiveness of the Company’s internal control over financial reporting as of June 30, 2014 based on the criteria set forth in Internal Control - Integrated Framework issued by the Committee of Sponsoring Organization of the Treadway Commission. Based on this evaluation, our management has concluded that our internal control over financial reporting was not effective as of June 30, 2014 considering the fact that the Company, being dormant, has only one person on staff to handle all duties of the Company.

The independent auditors have not audited and are not required to audit this assessment of our internal control over financial reporting for the fiscal year ended June 30, 2014.

Changes in Internal Controls - During the year ended June 30, 2014, there has not been any change in the Company’s internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.

ITEM 9B. OTHER INFORMATION

None

PART III

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The following table sets forth the names and ages of the directors and executive officers of the Company as of the date of this report, and indicates all positions and offices with the Company held by each person:

Name	Age	Position
Dr. Sun Tze Whang	70	Chairman of the Board and Chief Executive Officer
Kit Heng Tan	64	Chief Financial Officer/Principal Accounting Officer and Secretary

The terms of office of each director of the Company ends at the next annual meeting of the Company's shareholders or when his or her successor is elected and qualified. No date for the next annual meeting of shareholders has been fixed by the Board of Directors. The term of office of each officer of the Company ends at the next annual meeting of the Company's Board of Directors which is expected to take place immediately after the next annual meeting of shareholders. Except as otherwise indicated below, no organization by which any officer or director previously has been employed is an affiliate, parent, or subsidiary of the Company. The Company's Bylaws provide that the number of directors of the Company shall be not less than five nor more than nine. The exact number of directors is set at five unless changed within the foregoing limits by a bylaw adopted by the Board of Directors or the shareholders. At present, there are two persons serving as directors and three vacancies on the Board of Directors.

Dr. Sun Tze Whang has been Chairman of the Board and Chief Executive Officer since August 17, 1990. From December 1994 to the present, Dr. Whang has been a director of Metal Containers Pte Ltd ("Metal Containers"), a company incorporated in the Republic of Singapore, engaged in the manufacturing and sale of metal containers and in investment activities. Metal Containers is the ultimate parent company of Acculogic, Inc. From January 1985 to the present, Dr. Whang has also been a director of Riviera Development Pte. Ltd. ("Riviera"), a company incorporated in the Republic of Singapore, whose principal business is investment. Riviera is a 53.2% owned subsidiary of Metal Containers. From May 1985 to the present, Dr. Whang has also been the Chairman and a director of Carlee Electronics Pte. Ltd. ("Carlee Electronics"), a company incorporated in the Republic of Singapore, whose principal business is the manufacture and sale of industrial electronic products. Carlee is a 64.3% owned subsidiary of Riviera and a majority shareholder of the Company. From October 1972 to the present, Dr. Whang has been a director of Lam Soon (Hong Kong) Limited, a company incorporated in Hong Kong and listed on the Stock Exchange of Hong Kong. From October 1984 to the present, Dr. Whang has been a director of AMT Datasouth Corp. (previously known as Advanced Matrix Technology, Inc.), a California corporation, which is an affiliate of Metal Containers.

7

Kit Heng Tan has been Chief Financial Officer/Principal Accounting Officer, Secretary and a director of the Company since August 17, 1990. On June 8, 2006, Mr. Tan was appointed as director of Metal Containers. From October 1989 to the present, Mr. Tan has been a director and also the Chief Financial Officer of Acculogic, Inc., a California corporation, which is an affiliate of Metal Containers. From April 1990 to the present, Mr. Tan has been the Chief Financial Officer and a director of AMT Datasouth Corp. (previously known as Advanced Matrix Technology, Inc.), a California corporation, which is an affiliate of Metal Containers. Mr. Tan is a Chartered Accountant of England & Wales and a Chartered Accountant of Singapore.

ITEM 11. EXECUTIVE COMPENSATION

For the fiscal years ended June 30, 2014 and 2013, there was no cash compensation paid to executive officers of the Company other than a sum of $6,000 per annum charged by an officer of the Company for each of the fiscal years 2014 and 2013 for providing accounting and other services and for the use of a home office.

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The following sets forth information, as of June 30, 2014, with respect to the beneficial ownership of the Company's Common Stock, no par value, by each person known by the Company to be the beneficial owner of more than five percent (5%) of the outstanding Common Stock, by each of the Com­pany's directors, and by the officers and directors of the Company as a group:

Beneficial Owner	Shares Owned Beneficially and of Record	Percent of Class
Carlee Electronics Pte. Ltd.	25,800,000	64.5%
159 Gul Circle
Singapore 629617
Officers and directors as a group (two persons)	(1)	(1)

(1) By virtue of Dr. Sun Tze Whang's direct and indirect ownership of Carlee Electronics Pte. Ltd., he may be deemed the beneficial owner of the shares held by Carlee Electronics Pte. Ltd. in the Company.

The Company is not aware of any voting trusts.

The Company's capital consists of 100,000,000 shares of Common Stock, no par value and 50,000,000 shares of Preferred Stock, no par value. As of the date hereof, 39,999,942 shares of Common Stock have been issued and are outstanding.

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE

Between October 8, 1990 and June 30, 1991, the Company made advances to Acculogic, Inc., an affiliate, totaling $395,000. At June 30, 2014, the outstanding balance including interest was $206,902. The advances bear interest at a rate of 8.5% per annum and are payable on demand. Interest earned from the affiliate was $17,829 and $19,240, for the years ended June 30, 2014 and 2013, respectively.

The Company uses the home office of an officer at 26 Briarwood, Irvine, CA 92604, and was charged management fees of $6,000 per annum by the officer for each of the fiscal years 2014 and 2013 for the use of the home office and for providing accounting and other services.

Dr. Sun Tze Whang may be considered to be the indirect beneficial owner of the shares of the Company's stock owned by Carlee Electronics, and thus Dr. Whang would be considered a control person of the Company.

8

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES

Audit Fees

The aggregate fees billed to the Company for professional services rendered for the audit of the Company's annual financial statements, review of the Company's quarterly financial statements, and other services normally provided in connection with statutory and regulatory filings or engagements was $12,315 in the fiscal year ended June 30, 2014, and $12,365 in the fiscal year ended June 30, 2013.

Other Fees

Other fees billed to the Company by its independent registered public accounting firm for the preparation of its required federal and state income tax returns totaled $500 in each of the fiscal years ended June 30, 2014, and June 30, 2013.

ITEM 15. Exhibits, Financial Statement Schedules.

a. The following financial statements are filed as part of this report:

Report of Independent Registered Public Accounting Firm

Interdyne Company Balance Sheet at June 30, 2014 and 2013

Interdyne Company Statements of Income and Accumulated Deficit for the Years Ended June 30, 2014 and 2013

Interdyne Company Statements of Cash Flows for the Years Ended June 30, 2014 and 2013

Notes to Financial Statements

b. No financial statement schedules are filed as part of this report.

c. The following exhibits are filed as part of this report:

Exhibit No. Description

31.1 Certification of Chief Executive Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002

31.2 Certification of Chief Financial Officer/ Principal Accounting Officer pursuant to Section302 of Sarbanes-Oxley Act of 2002

32 Section 1350 Certification

d. The following XBRL documents are filed as part of this report:

101.INS XBRL Instance Document

101.SCH XBRL Taxonomy Extension Schema Document

101.CAL XBRL Taxonomy Extension Calculation Linkbase Document

101.LAB XBRL Taxonomy Extension Label Linkbase Document

101.PRE XBRL Taxonomy Extension Presentation Linkbase Document

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 18, 2014
	INTERDYNE COMPANY
	(Registrant)
	By:	/s/ Kit H. Tan
		Kit H. Tan
		Chief Financial Officer/
		Principal Accounting Officer

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the Registrant in the capacities and on the dates indicated.

Signature & Title	Capacity	Date
/s/ Sun Tze Whang
Sun Tze Whang	Director and	September 18, 2014
Chief Executive Officer	Chief Executive Officer
/s/ Kit H. Tan
Kit H. Tan	Director and	September 18, 2014
Chief Financial Officer/	Chief Financial Officer/
Principal Accounting Officer	Principal Accounting Officer

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EX-31.1

Exhibit 31.1

Certification of the Company’s Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Sun Tze Whang, certify that:

1. I have reviewed this Annual Report Form 10-K for the fiscal year ended June 30, 2014 of Interdyne Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financing reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financing reporting, or caused such internal control over financing reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Report based on such evaluation;

d. Disclosed in this Report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated: September 18, 2014
	By:	/s/ Sun Tze Whang
		Sun Tze Whang
		Chief Executive Officer

EX-31.2

Exhibit 31.2

CERTIFICATIONS

Certification of the Company’s Chief Financial Officer/Principal Accounting Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Kit H. Tan, certify that:

1. I have reviewed this Annual Report Form 10-K for the fiscal year ended June 30, 2014 of Interdyne Company;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financing reporting (as defined in Exchange Act Rules 13-a-15(f) and 15d-15(f) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financing reporting, or caused such internal control over financing reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this Report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this Report based on such evaluation;

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated: September 18, 2014
	By:	/s/ Kit H. Tan
		Kit H. Tan
		Chief Financial Officer/
		Principal Accounting Officer

EX-32

Exhibit 32

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Interdyne Company (the "Company") on Form 10-KSB for the fiscal year ending June 30, 2014, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), the undersigned hereby certify, pursuant to and for purposes of 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

September 18, 2014
	By :	/s/ Sun Tze Whang
		Sun Tze Whang
		Chief Executive Officer

September 18, 2014
	By :	/s/ Kit H. Tan
		Kit H. Tan
		Chief Financial Officer/
		Principal Accounting Officer

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MANAGEMENT'S PLANS (UNAUDITED)

12 Months Ended

Jun. 30, 2014

MANAGEMENT'S PLANS (UNAUDITED) [Abstract]

MANAGEMENT'S PLANS (UNAUDITED)

4. MANAGEMENT'S PLANS (UNAUDITED)

Management is exploring opportunities for a merger candidate which will bring value to the Company. In addition, management is confident that amounts received from its receivable will be adequate to fund its cash needs through June 30, 2015.

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INCOME TAXES

12 Months Ended

Jun. 30, 2014

INCOME TAXES [Abstract]

INCOME TAXES

3. INCOME TAXES

Income taxes for the years ended June 30, 2014 and 2013 represent state minimum franchise tax of $800. The Company had net operating loss carryovers for Federal income tax purposes totaling approximately $48,269 and $37,910, for the years ended June 30, 2014 and 2013, respectively. The ultimate realization of such loss carryovers will be dependent on the Company attaining future taxable earnings. Based on the level of historical operating results and projections of future taxable earnings, management believes that it is more likely than not that the Company will not be able to utilize the benefits of these carryovers. Therefore, in accordance with FASB ASC 740-10, a full valuation allowance has been provided against the gross deferred tax assets arising from these loss carryovers. If not utilized, the carryovers expire beginning in fiscal 2028.

The Company files income tax returns in the U.S. federal jurisdiction and in the state of California. With few exceptions, the Company is no longer subject to U.S. Federal and state tax examinations by tax authorities for the years ending June 30, 2010 and earlier.

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BALANCE SHEET (USD $)	Jun. 30, 2014	Jun. 30, 2013
CURRENT ASSETS:
Cash	$ 2,730	$ 6,427
OTHER ASSETS:
Due from affiliate	206,902	217,340
TOTAL ASSETS	209,632	223,767
CURRENT LIABILITIES:
Accrued professional fees	8,300	8,300
Accrued management fees to related party	12,500	15,500
Other accrued expenses	3,167	3,943
Total current liabilities	23,967	27,743
STOCKHOLDERS' EQUITY:
Preferred stock, no par value; authorized 50,000,000 shares; no shares outstanding
Common stock, no par value; 100,000,000 shares authorized; 39,999,942 shares issued and outstanding	500,000	500,000
Accumulated deficit	(314,335)	(303,976)
Total stockholders' equity	185,665	196,024
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 209,632	$ 223,767

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Jun. 30, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Business - Interdyne Company (the "Company") was incorporated in October 1946 in the state of California. The Company is a dormant shell currently seeking new opportunities. On November 22, 1988, the Company filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California. On May 17, 1990, the Company’s Amended Plan of Reorganization (the “Plan”) was confirmed by Bankruptcy Court, and the Plan became effective May 29, 1990. On July 20, 1990, the Bankruptcy Court approved a stipulation for nonmaterial modifications to the Plan. All claims and interest have been settled in accordance with the terms of the Plan. On August 22, 1990, the Board of Directors approved a change in the Company’s year-end to June 30, pursuant to the Plan.

Cash and Cash Equivalents – For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents.

Concentrations of Credit Risk – Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of a receivable due from an affiliate. Due to a guarantee of the amount by a different credit-worthy affiliate, an allowance for possible losses has not been made.

Income Taxes – The Company accounts for income taxes in accordance with the provisions of the Financial Accounting Standards Board (“FASB”) codified within Accounting Standards Codification (“ASC”) Topic No. 740-10, Income Taxes. Deferred income taxes are recognized for the temporary differences between the tax basis of assets and liabilities and their financial reporting amounts. The Company assesses, on an annual basis, the realizability of its deferred tax assets. A valuation allowance for deferred tax assets is established if, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized.

Use of Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and the disclosure of contingent assets and liabilities. These estimates and assumptions are based on the Company’s historical results as well as management’s future expectations.  The Company’s actual results may vary from those estimates and assumptions.

Net Loss per Share – The Company adopted ASC No. 260, “Earnings Per Share”, that requires the reporting of both basic and diluted earnings (loss) per share. Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. In accordance with ASC No. 260, “Earnings Per Share”, any anti-dilutive effects on net income (loss) per share are excluded. The Company has no potentially dilutive securities outstanding for any years presented. Weighted average shares for computing net loss per share were 39,999,942 for each of the years presented.

Recent Accounting Pronouncements –In July 2013, the FASB issued ASU No. 2013-11, Topic 740 - Income Taxes ("ASU 2013-11") which provides guidance to the presentation of an unrecognized tax benefit when a net operating loss carry forward, a similar tax loss, or a tax credit carry forward exists. ASU 2013-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company intends to adopt this standard in the first quarter of fiscal 2014 and does not expect the adoption will have an impact on its consolidated financial statements.

Management has reviewed other recent accounting pronouncements and determined that none will have a material impact on the Company’s present or future financial statements.

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RELATED PARTY TRANSACTIONS

12 Months Ended

Jun. 30, 2014

RELATED PARTY TRANSACTIONS [Abstract]

RELATED PARTY TRANSACTIONS

2. RELATED PARTY TRANSACTIONS

In prior years, the Company made advances to Acculogic, Inc., an affiliated company through common ownership and management. The advances bear interest at a rate of 8.5% per annum and are payable on demand. Interest recorded from the affiliate totaled $17,829 and $19,240, respectively, for the years ended June 30, 2014 and 2013. The outstanding balance, including interest, was $206,902 as of June 30, 2014 and $217,340 as of June 30, 2013 and is guaranteed by another affiliated company, until the receivable has been satisfied or discharged.

An officer of the Company charged a management fee totaling $6,000 for each of the years ended June 30, 2014 and 2013 for the use of a home office, accounting and other services. The amount payable was $12,500 and $15,500 as of June 30, 2014 and June 30, 2013, respectively.

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BALANCE SHEET (Parenthetical) (USD $)	Jun. 30, 2014	Jun. 30, 2013
STOCKHOLDERS' EQUITY:
Preferred stock, par value (in Dollars per Share)
Preferred stock, shares authorized (in Shares)	50,000	50,000
Preferred stock, shares outstanding (in Shares)
Common stock, par value (in Dollars per Share)
Common stock, shares authorized (in Shares)	100,000,000	100,000,000
Common stock, shares issued (in Shares)	39,999,942	39,999,942
Common stock, shares outstanding (in Shares)	39,999,942	39,999,942

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Document and Entity Information (USD $)	12 Months Ended
	Jun. 30, 2014	Aug. 31, 2014	Dec. 31, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	INTERDYNE CO
Entity Central Index Key	0000051011
Current Fiscal Year End Date	--06-30
Entity Filer Category	Smaller Reporting Company
Document Type	10-K
Document Period End Date	Jun. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Common Stock Shares Outstanding		39,999,942
Entity Public Float			$ 105,080
Entity Well Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Amendment Flag	false

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STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
EXPENSES:
Professional fees	$ 12,815	$ 12,865
General and administrative	8,573	10,496
Management fees to related party	6,000	6,000
Total expenses	27,388	29,361
OTHER INCOME - Interest from affiliate	17,829	19,240
LOSS BEFORE INCOME TAXES	(9,559)	(10,121)
INCOME TAXES	800	800
NET LOSS	(10,359)	(10,921)
ACCUMULATED DEFICIT, BEGINNING OF YEAR	(303,976)	(293,055)
ACCUMULATED DEFICIT, END OF YEAR	$ (314,335)	$ (303,976)
NET LOSS PER SHARE BASIC AND DILUTED (in Dollars per Share)	$ 0.00	$ 0.01
WEIGHTED AVERAGE SHARES OUTSTANDING BASIC AND DILUTED (in Dollars per Share)	39,999,942	39,999,942

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RELATED PARTY TRANSACTIONS (Narrative) (Details) (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Related Party Transaction [Line Items]
Related party transaction, affiliate receivable interest rate per annum (in Percent)	8.50%	8.50%
Related party transaction, interest income	$ 17,829	$ 19,240
Related party transaction, due from affiliate	206,902	217,340
Related party transaction, amount charged per year	6,000	6,000
Related party transaction, amount payable to officer	$ 12,500	$ 15,500

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Date of incorporation (Date)	Oct. 31, 1946
Date voluntary petition for reorganization filed (Date)	Nov. 22, 1988
Date Plan of Reorganization confirmed by Bankruptcy Court (Date)	Jul. 20, 1990
Plan of Reorganization, date plan is effective (Date)	May 29, 1990
Potentially dilutive securities outstanding (in Shares)	0	0
Weighted average shares for computing net loss per share (in Shares)	39,999,942	39,999,942

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INCOME TAXES (Narrative) (Details) (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
INCOME TAXES [Abstract]
Income taxes paid, state minimum franchise tax	$ 800	$ 800
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 48,269	$ 37,910
Operating loss carryforwards, beginning expiration date (Date)	Dec. 31, 2028	Dec. 31, 2028

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STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (10,359)	$ (10,921)
Changes In operating assets and liabilites
Accrued interest	(17,829)	(19,240)
Accrued expenses	(3,775)	(5,372)
Net cash used in operating activities	(31,963)	(35,533)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash received from affiliate	28,266	38,696
Net cash provided by financing activities	28,266	38,696
Net increase/(decrease) in cash	(3,697)	3,163
CASH, BEGINNING OF YEAR	6,427	3,264
CASH, END OF YEAR	2,730	6,427
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION - Income tax paid	$ 800	$ 800

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Business, Policy	Nature of Business - Interdyne Company (the "Company") was incorporated in October 1946 in the state of California. The Company is a dormant shell currently seeking new opportunities. On November 22, 1988, the Company filed a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California. On May 17, 1990, the Company’s Amended Plan of Reorganization (the “Plan”) was confirmed by Bankruptcy Court, and the Plan became effective May 29, 1990. On July 20, 1990, the Bankruptcy Court approved a stipulation for nonmaterial modifications to the Plan. All claims and interest have been settled in accordance with the terms of the Plan. On August 22, 1990, the Board of Directors approved a change in the Company’s year-end to June 30, pursuant to the Plan.
Cash and Cash Equivalents, Policy	Cash and Cash Equivalents – For purposes of the statement of cash flows, the Company considers all highly liquid debt instruments purchased with an original maturity of three months or less to be cash equivalents.
Concentrations of Credit Risk, Policy	Concentrations of Credit Risk – Financial instruments, which potentially subject the Company to concentrations of credit risk, consist principally of a receivable due from an affiliate. Due to a guarantee of the amount by a different credit-worthy affiliate, an allowance for possible losses has not been made.
Income Taxes, Policy	Income Taxes – The Company accounts for income taxes in accordance with the provisions of the Financial Accounting Standards Board (“FASB”) codified within Accounting Standards Codification (“ASC”) Topic No. 740-10, Income Taxes. Deferred income taxes are recognized for the temporary differences between the tax basis of assets and liabilities and their financial reporting amounts. The Company assesses, on an annual basis, the realizability of its deferred tax assets. A valuation allowance for deferred tax assets is established if, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized.
Use of Estimates, Policy	Use of Estimates – The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and the disclosure of contingent assets and liabilities. These estimates and assumptions are based on the Company’s historical results as well as management’s future expectations.  The Company’s actual results may vary from those estimates and assumptions.
Net Loss per Share, Policy	Net Loss per Share – The Company adopted ASC No. 260, “Earnings Per Share”, that requires the reporting of both basic and diluted earnings (loss) per share. Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings (loss) per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. In accordance with ASC No. 260, “Earnings Per Share”, any anti-dilutive effects on net income (loss) per share are excluded. The Company has no potentially dilutive securities outstanding for any years presented. Weighted average shares for computing net loss per share were 39,999,942 for each of the years presented.
Recent Accounting Pronouncements, Policy	Recent Accounting Pronouncements –In July 2013, the FASB issued ASU No. 2013-11, Topic 740 - Income Taxes ("ASU 2013-11") which provides guidance to the presentation of an unrecognized tax benefit when a net operating loss carry forward, a similar tax loss, or a tax credit carry forward exists. ASU 2013-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The Company intends to adopt this standard in the first quarter of fiscal 2014 and does not expect the adoption will have an impact on its consolidated financial statements.