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FRESH START ACCOUNTING (Tables) | 12 Months Ended
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Jun. 30, 2014
Reorganizations [Abstract] |
Schedule of Fresh-Start Adjustments [Table Text Block] | The Company also considered precedent transaction analysis but ultimately determined there was insufficient data for a meaningful analysis.
|  | July 12, 2013 |
|  | Predecessor |  | Reorganization |  |  |  |  |
|  | Company |  | Adjustments |  |  | Successor Company |
ASSETS |  |  |  |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 717 |  | $ | - |  |  | $ | 717 |
Prepaid expenses and other current assets |  |  | 237 |  |  |  |  |  |  | 237 |
Total current assets |  |  | 954 |  |  | - |  |  |  | 954 |
TOTAL ASSETS |  | $ | 954 |  | $ | - |  |  | $ | 954 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 15,566 |  | $ | (15,395) | 2) |  | $ | 171 |
Note payable |  |  | 2,614 |  |  | (2,614) | 3) |  |  | - |
Total current liabilities |  |  | 18,180 |  |  | (18,009) |  |  |  | 171 |
TOTAL LIABILITIES |  |  | 18,180 |  |  | (18,009) |  |  |  | 171 |
COMMITMENTS AND CONTINGENCIES |  |  | - |  |  | - |  |  |  | - |
STOCKHOLDERS' EQUITY/ DEFICIENCY |  |  |  |  |  |  |  |  |  |  |
Convertible preferred stock - par value $.000001, 5,000,000,000 shares authorized, 4,600,000,000 shares issued and outstanding at July 11, 2013; no shares authorized, issued or outstanding at June 30, 2013 |  |  | - |  |  | 5 | 3) |  |  | 5 |
Common stock - par value $.000001, 100,000,000,000 shares authorized, 400,000,000 shares issued and outstanding at July 11, 2013; par value $.01, 100,000,000 authorized and outstanding at June 30, 2013. |  |  | 1,000 |  |  | (1,000) | 1) |  |  | - |
Additional paid-in capital |  |  | 182,281 |  |  | (182,281) | 4) |  |  | - |
|  |  |  |  |  | 778 | 5) |  |  | 778 |
Common stock, held in treasury, at cost, 0 and 681,509 shares at July 11, 2013 and June 30, 2013, respectively. |  |  | (4,981) |  |  | 4,981 | 4) |  |  | - |
Accumulated income (deficit) |  |  | (195,526) |  |  | 195,526 | 1) |  |  | - |
TOTAL SHAREHOLDERS EQUITY/ DEFICIENCY |  |  | (17,226) |  |  | 18,009 |  |  |  | 783 |
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY/ DEFICIENCY |  | $ | 954 |  | $ | - |  |  | $ | 954 |
1) To reduce the total par value of stock held by the pre-petition stockholders to $100, in accordance with the new post-bankruptcy capital structure 2) To record conversion of pre-petition Accounts Payable to 300,000,000, $0.000001 par value common shares, in accordance with the new post-bankruptcy capital structure 3) To record conversion of note payable to 4,600,000,000, $0.000001 par value shares of convertible preferred stock, in accordance with the new post-bankruptcy petition capital structure 4) To eliminate Treasury Stock. APIC and Accumulated Deficit as of July 11, 2013 5) Elimination of Predecessor Company accumulated deficit July 1, 2013 to July 11, 2013

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- Definition Tabular disclosure of description and amounts of adjustments to historical balance sheet to arrive at fresh-start amounts following bankruptcy and reorganization with a different owner. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=34712771&loc=d3e56426-112766 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 50 -Paragraph 7 -Subparagraph (a)-(b) -URI http://asc.fasb.org/extlink&oid=6918054&loc=SL2890621-112765 + Details
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