XML 24 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Discontinued Operations
6 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

NOTE 6 – DISCONTINUED OPERATIONS

 

In June 2012, the Company decided to recognize the businesses of PHI Gold Corp. (formerly PHI Mining Corporation), Providential Vietnam Ltd., PHI Energy Corp., and Philand Ranch Ltd., a United Kingdom corporation, together with its wholly-owned subsidiaries Philand Corporation (USA), Philand Ranch Ltd. (Singapore) and Philand Vietnam Ltd. as discontinued operations for practical business and accounting purposes. As of December 31, 2018, the Company had a balance of $1,255,037 as Long-term Liabilities from Discontinued Operations.