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INCOME TAXES

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

INCOME TAXES

Based on the available information and other factors, management believes it is more likely than not that the net deferred tax assets at, June 30, 2017 and 2016, will not be fully realizable. Accordingly, management has recorded a full valuation allowance against its net deferred tax assets at, June 30, 2017 and 2016. At June 30, 2017 and 2016, the Company had federal net operating loss carry-forwards of approximately $384,400 and $277,800, respectively, expiring beginning in 2036.

Deferred tax assets consist of the following components: 

		2017				2016
Net loss carryforward		$	115,320			$	83,350
Valuation allowance			(115,320	)			(83,350	)
Total deferred tax assets		$	—			$	—

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- References

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- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI http://asc.fasb.org/topic&trid=2144680

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