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Stockholders' Deficit (Tables)
6 Months Ended
Dec. 31, 2012
Stockholders' Equity Note [Abstract]  
Schedule Of Common Stock Issued From Inception [Table Text Block]

The Company issued the following shares of common stock from inception July 26, 2010 (inception) through June 30, 2011:

 

Transaction type Quantity of Shares  Valuation  Value per share 
Cash- related parties  15,300,000  $3,000  $0.0002 
Cash- third parties  4,656,000   38,800   0.008 
Services- related parties (1)  60,000   500   0.008 
Services - third parties (2)  60,000   500   0.008 
Intellectual property - related party (3)  2,940,000   24,500   0.008 
   23,016,000  $67,300  $0.0002-0.008 
(1)Valuation based upon cash offering price paid by founders on same date.

 

(2)Valuation based upon recent cash offering price since Company was not yet publicly traded.

 

(3)Valuation based upon recent cash offering price to third parties since the Company was not yet publicly traded.

 

(4)The Company issued these shares of common stock, to its Chief Executive Officer and Director, for the acquisition of certain intellectual property (“IP”).
Schedule Of Common Stock Issued From Fiscal Year [Table Text Block]

The Company issued the following shares of common stock from July 1, 2011 through June 30, 2012:

 

Transaction type Quantity of Shares  Valuation  Value per share 
Cash- related parties  787,500  $10,500  $0.013 
Services - third parties (2)  540,000   4,500   0.008 
Services- related party (4)  262,500   3,500   0.013 
   1,590,000  $18,500   $ 0.008-0.013 
(1)Valuation based upon cash offering price paid by founders on same date.

 

(2)Valuation based upon recent cash offering price since Company was not yet publicly traded.

 

(3)Valuation based upon recent cash offering price to third parties since the Company was not yet publicly traded.

 

(4)The Company issued these shares of common stock, to its Chief Executive Officer and Director, for the acquisition of certain intellectual property (“IP”).