- Definition

The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.

+ References+ Details

NATURE OF BUSINESS (Details Narrative) (USD $)	2 Months Ended	3 Months Ended		9 Months Ended
NATURE OF BUSINESS (Details Narrative) (USD $)	Sep. 08, 2014	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Nature Of Business Details Narrative
Research and development		$ 177,652		$ 177,652
Loss on retirement of assets		37,543		37,544
Expired inventory written off				$ 1,200,000
Reverse split ratio	1 for 200