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DEFERRED OFFERING COSTS – ADDITIONAL PAID IN CAPITAL	9 Months Ended
Mar. 31, 2013
Notes to Financial Statements
DEFERRED OFFERING COSTS – ADDITIONAL PAID IN CAPITAL	NOTE 7 – DEFERRED OFFERING COSTS – ADDITIONAL PAID IN CAPITAL Deferred offering costs consist principally of accounting, legal and other fees incurred through the close of the common stock offering (August 1, 2012) that are directly related to the offering. Deferred offering costs were offset against the net proceeds received from our common stock offering. On August 1, 2012, deferred offering costs of $60,439 were offset against additional paid in capital. On or about December 24, 2012 an adjustment was made to additional paid in capital of $14,000 reflecting final payment to our former legal counsel and a credit received from our current legal counsel. Accrued expenses include deferred offering costs outstanding of $19,500 as of March 31, 2013.

DEFERRED OFFERING COSTS – ADDITIONAL PAID IN CAPITAL

9 Months Ended

Mar. 31, 2013

DEFERRED OFFERING COSTS – ADDITIONAL PAID IN CAPITAL

NOTE 7 – DEFERRED OFFERING COSTS – ADDITIONAL PAID IN CAPITAL

Deferred offering costs consist principally of accounting, legal and other fees incurred through the close of the common stock offering (August 1, 2012) that are directly related to the offering. Deferred offering costs were offset against the net proceeds received from our common stock offering. On August 1, 2012, deferred offering costs of $60,439 were offset against additional paid in capital. On or about December 24, 2012 an adjustment was made to additional paid in capital of $14,000 reflecting final payment to our former legal counsel and a credit received from our current legal counsel. Accrued expenses include deferred offering costs outstanding of $19,500 as of March 31, 2013.