MICROELECTRONICS TECHNOLOGY Inactive 10-Q17 Feb 152015 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
Document and Entity Information	Dec. 31, 2014	Jan. 05, 2015
Document and Entity Information:
Entity Registrant Name	MICROELECTRONICS TECHNOLOGY Co
Document Type	10-Q
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Entity Central Index Key	1329136
Current Fiscal Year End Date	-24
Entity Common Stock, Shares Outstanding		4,715,103,282
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2

Statement_of_Financial_Positio

Statement of Financial Position (USD $)	Dec. 31, 2014	Jun. 30, 2014
Balance Sheets
Cash and Cash Equivalents, at Carrying Value	$230	$5,592
Accounts Receivable, Net, Current	162	18,171
Notes, Loans and Financing Receivable, Net, Current	255,803	6,175
Assets, Current	256,195	29,938
Property, Plant and Equipment, Gross	326,287	357,720
Indefinite-Lived Intangible Assets (Excluding Goodwill)	268,834	303,919
Deposits Assets, Noncurrent	3,465	3,465
Assets, Noncurrent	598,586	665,104
Assets	854,781	695,042
Accounts Payable, Current	126,379	74,311
Due To Related Parties Current	46,935	3,356
Notes Payable, Current	994,637	1,093,566
Loans Payable, Current	4,975	4,975
Other Long-term Debt, Current	4,540	4,540
Derivative Instruments and Hedges, Liabilities	1,541,496	420,091
Liabilities, Current	2,718,962	1,600,839
Liabilities	2,718,962	1,600,839
Preferred Stock, Value, Issued	1	1
Common Stock, Value, Issued	47,151	11,119
Additional Paid in Capital, Common Stock	3,411,778	2,112,852
CommonStockSharesSubscriptions	-38,400	-38,400
Retained Earnings (Accumulated Deficit)	-5,284,711	-2,991,369
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	-1,864,181	-905,797
Liabilities and Equity	$854,781	$695,042

Statement_of_Financial_Positio1

Statement of Financial Position - Parenthetical (USD $)	Dec. 31, 2014	Jun. 30, 2014
Balance Sheets
Preferred Stock, Par Value	$0.00	$0.00
Preferred Stock, Shares Authorized	50,000,000	50,000,000
Preferred Stock, Shares Issued	110,001	110,001
Preferred Stock, Shares Outstanding	110,001	110,001
Common Stock, Par Value	$0.00	$0.00
Common Stock, Shares Authorized	7,500,000,000	7,500,000,000
Common Stock, Shares Issued	4,715,103,282	1,111,867,520
Common Stock, Shares Outstanding	4,715,103,282	1,111,867,520

Statement_of_Income

Statement of Income (USD $)	3 Months Ended		6 Months Ended		45 Months Ended
Statement of Income (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014
Income Statement
Sales Revenue Goods, Net	$51,392	$4,521	$64,630	$8,367	$108,863
RevenueFromRelatedParties					8,000
Revenues	51,392	4,521	64,630	8,367	116,863
Gross Profit	51,392	4,521	64,630	8,367	116,863
AdvertisingExpense	48,995	18,095	67,791	36,095	342,433
Depreciation, Depletion and Amortization	36,420		72,809		359,163
General and Administrative Expense	208,365	14,521	224,755	28,963	217,560
Asset Impairment Charges					124,911
Management Fee Expense	30,000	30,000	60,000	45,000	295,000
ProfessionalFees	19,243	4,862	66,458	14,812	282,054
Other General Expense	62,349	14,970	254,870	33,085	487,714
Operating Expenses	405,372	82,448	746,683	157,955	2,108,835
Operating Income (Loss)	-353,980	-77,927	-682,053	-149,588	-1,991,972
Other Nonoperating Income (Expense)					162,723
Nonoperating Income (Expense)					162,723
DerivativeLossOnDerivative	-292,165	-120,835	-397,013	-191,627	-486,570
DebtInstrumentConvertibleInterestExpense		41,242		91,859	991,831
Interest Expense	1,568,956	156,307	2,008,302	214,632	2,950,201
Interest and Debt Expense	1,276,791	76,714	1,611,289	114,864	3,455,462
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	-1,630,771	-154,641	-2,293,342	-264,452	-5,284,711
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest	-1,630,771	-154,641	-2,293,342	-264,452	-5,284,711
Net Income (Loss) Attributable to Parent	-1,630,771	-154,641	-2,293,342	-264,452	-5,284,711
ComprehensiveIncomeNetOfTax	($1,630,771)	($154,641)	($2,293,342)	($264,452)	($5,284,711)
Earnings Per Share, Basic	$0	$0	$0	$0
Weighted Average Number of Shares Outstanding, Basic	2,632,139,386	151,553,204	1,957,700,461	151,553,204
Earnings Per Share, Diluted	$0	$0	$0	$0
Weighted Average Number of Shares Outstanding, Diluted	2,632,139,386	151,553,204	1,957,700,461	151,553,204

Statement_of_Cash_Flows

Statement of Cash Flows (USD $)	6 Months Ended		45 Months Ended
Statement of Cash Flows (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014
Statement of Cash Flows
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	($2,293,342)	($264,452)	($5,284,711)
Adjustment of Warrants Granted for Services			32,316
Amortization	35,085		121,165
Paid-in-Kind Interest	1,265,562	214,632	2,207,059
IncreaseDecreaseInDerivativeLiabilities	-397,013	-191,627	-486,570
Other Depreciation and Amortization	742,740	91,858	1,734,571
Depreciation	37,724	2,327	48,510
Issuance of Stock and Warrants for Services or Claims	149,500		149,500
Restructuring Costs and Asset Impairment Charges			124,911
FreshStartAdjustmentIncreaseDecreaseReorganizationValueInExcessOfAmountsAllocableToIdentifiableAssets			61,475
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities	-459,744	-147,262	-1,291,774
Increase Decrease In Accounts And Notes Receivable	18,009	-89	224
Increase Decrease In Receivables	-249,628		-255,803
Increase (Decrease) in Prepaid Expense and Other Assets			668
Increase (Decrease) in Operating Assets	-231,619	-89	-254,911
Increase (Decrease) in Accounts Payable and Accrued Liabilities	52,068	29,479	63,666
Increase (Decrease) in Operating Capital	52,068	29,479	63,666
Net Cash Provided by (Used in) Operating Activities	-639,295	-117,872	-1,483,019
Payments to Acquire Property, Plant, and Equipment	-6,291	-10,018	-374,797
Payments to Acquire Mineral Rights			-124,911
Payments to Acquire Intangible Assets			-390,000
Payments for (Proceeds from) Other Investing Activities			-3,465
Net Cash Provided by (Used in) Investing Activities	-6,291	-10,018	-893,173
Proceeds from Issuance of Common Stock			1,584
Proceeds from (Repayments of) Notes Payable	596,645	342,299	2,191,836
Payments for (Proceeds from) Deposit on Loan			4,540
Proceeds from (Repayments of) Short-term Debt			4,975
Proceeds from (Repayments of) Related Party Debt	43,579	-25,336	211,887
Proceeds from (Repayments of) Other Debt		-190,084
Proceeds from (Payments for) Other Financing Activities			-38,400
Net Cash Provided by (Used in) Financing Activities	640,224	126,879	2,376,422
Cash and Cash Equivalents, Period Increase (Decrease)	-5,362	-1,011	230
Cash and Cash Equivalents, at Carrying Value	5,592	4,683
Cash and Cash Equivalents, at Carrying Value	$230	$3,672	$230

Note_1_basis_of_Presentation

Note 1 -basis of Presentation	6 Months Ended
Note 1 -basis of Presentation	Dec. 31, 2014
Notes
Note 1 -basis of Presentation	Note 1 –Basis of Presentation

	These consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States, and are expressed in US dollars. These consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Cloud Data Corporation, a company incorporated in the State of Nevada. All inter-company accounts and transactions have been eliminated. The Company’s fiscal year end is June 30, 2015 and 2014.

	Note 2 – Nature of Operations and Continuance of Business

	Microelectronics Technology Company (the “Company”) was incorporated in the State of Nevada on May 18, 2005 under the name Admax Resources Inc., which name was changed on February 9, 2007 to China YouTV Corp. and then to Microelectronics Technology Company on August 31, 2009. From May 18, 2005 to August 26, 2011, the Company’s business operations were limited to the acquisition and evaluation of mineral claims and the evaluation of an internet media venture in China.

	On August 26, 2011, the Company entered into a Share Exchange Agreement with Cloud Data Corporation (“Cloud Data”). Pursuant to the agreement, the Company issued 70,000,000 shares of common stock in exchange for all of the issued and outstanding shares of Cloud Data. The acquisition was a capital transaction in substance and therefore has been accounted for as a recapitalization, which is outside the scope of Accounting Standards Codification (“ASC”) 805, Business Combinations. Under recapitalization accounting, Cloud Data was considered the acquirer for accounting and financial reporting purposes, and acquired the assets and assumed the liabilities of the Company. Assets acquired and liabilities assumed are reported at their historical amounts. These consolidated financial statements include the accounts of the Company since the effective date of the recapitalization and the historical accounts of the business of Cloud Data since inception on April 11, 2011. As a result of the transaction, the Company’s business operations have consisted of online marketing and advertising services since August 26, 2011, to the present.

	On November 2, 2011 the President, Edward Manetta, resigned. He was replaced by Brett Everett as President, Secretary, Treasurer and a director.

	Note 3 - Summary of Significant Accounting Policies

	a) Use of Estimates.

	The preparation of these financial statements in conformity with US generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company regularly evaluates estimates and assumptions related to stock-based compensation and deferred income tax valuations. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.


	b) Basic and Diluted Loss Per Share.

	The Company computes (loss) per share in accordance with ASC 260, Earnings per Share, which requires presentation of both basic and diluted per share (EPS) on the face of the income statement. Basic loss per share is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all potentially dilutive shares if their effect is anti-dilutive.


	c) Cash and Cash Equivalents.

	The Company considers all highly liquid instruments with maturity of nine months or less at the time of issuance to be cash equivalents. The Company has no cash equivalents as of September 30, 2014 and June 30, 2014.


	d) Financial Instruments.

	The Company’s financial instruments consist principally of cash, amounts receivable, and accounts payable, due to related parties and due to former related party. Pursuant to ASC 820, Fair Value Measurements and Disclosures, and ASC 825, Financial Instruments the fair value of the Company’s cash equivalents is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the Company’s other financial instruments approximate their current fair values because of their nature or respective relatively short maturity dates.

	The Company’s operations are in Canada, which results in exposure to market risks from changes in foreign currency rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.


	e) Mineral Property Costs.

	Mineral property exploration costs are expensed as incurred. Mineral property acquisition costs are initially capitalized. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs then incurred to develop such property, are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.





	f) Income Taxes.

	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Income Taxes. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

	Interest and penalties on tax deficiencies recognized in accordance with ASC accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.


	g) Foreign Currency Translation.

	The functional and reporting currency of the Company is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated to United States dollars in accordance with ASC 740 Foreign Currency Translation Matters, using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. The Company has not, to the date of these financial statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.

	To the extent that the Company incurs transactions that are not denominated in its functional currency, they are undertaken in Canadian dollars. The Company has not, to the date of these financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.



	h) Stock-based Compensation.

	The Company records stock-based compensation in accordance with ASC 718, Compensation – Stock Based Compensation and ASC 505, Equity Based Payments to Non-Employees, which requires the measurement and recognition of compensation expense based on estimated fair values for all share-based awards made to employees and directors, including stock options.

	ASC 718 requires companies to estimate the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period.

All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable.


i) Recently Issued Accounting Pronouncements.

Recent Developed Accounting Pronouncements

Effective January 2013, we adopted FASB ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). The amendments in ASU 2011-11 require the disclosure of information on offsetting and related arrangements for financial and derivative instruments to enable users of its financial statements to understand the effect of those arrangements on its financial position. Amendments under ASU 2011-11 will be applied retrospectively for fiscal years, and interim periods within those years, beginning after January 1, 2013. The adoption of this update did not have a material impact on the consolidated financial statements.

Effective January 2013, we adopted FASB ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The adoption of this update did not have a material impact on the consolidated financial statements.

New Accounting Pronouncements Not Yet Adopted

In February 2013, the FASB issued ASU No. 2013-04, Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date. The amendments in ASU 2013-04 provide guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this Update is fixed at the reporting date, except for obligations addressed within existing guidance in U.S. GAAP. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance in this Update also requires an entity to disclose the nature and amount of the obligation as well as other information about those obligations. The amendments in this standard are effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. We are evaluating the effect, if any, adoption of ASU No. 2013-04 will have on our consolidated financial statements.

In March 2013, the FASB issued ASU No. 2013-05, Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. The amendments in ASU No. 2013-05 resolve the diversity in practice about whether Subtopic 810-10, Consolidation—Overall, or Subtopic 830-30, Foreign Currency Matters—Translation of Financial Statements, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment ina foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) withina foreign entity. In addition, the amendments in this Update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. The amendments in this standard are effective prospectively for fiscal years, and interim reporting periods within those years, beginning December 15, 2013. We are evaluating the effect, if any, adoption of ASU No. 2013-05 will have on our consolidated financial statements.

In April 2013, the FASB issued ASU No. 2013-07, Presentation of Financial Statements (Top 205): Liquidation Basis of Accounting. The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard is effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our consolidated financial statements.


j) Development Stage Company

The Company is considered a development stage company, with no operating revenues during the periods presented, as defined by FASB Accounting Standards Codification ASC 915. ACS 915 requires companies to report their operations, shareholders’ deficit and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things. Management has defined inception as April 11, 2011. Since inception, the Company has incurred an operating loss of $5,284,711. The Company’s working capital has been generated through advances from the principal of the Company and solicitation of subscriptions. Management has provided financial data since April 11, 2011 in the financial statements, as a means to provide readers of the Company’s financial information to be able to make informed investment decisions.


k) Going Concern

The Company is in the development stage and has generated $116,863 in revenues and has incurred a net loss of $5,284,711 since inception April 11, 2011. At December 31, 2014, the Company had $256,195in current assets and $2,718,963 in current liabilities. Further, the Company incurred a loss of $2,293,342 for the six months ended December 31, 2014. In view of these conditions, the ability of the Company to continue as a going concern is in substantial doubt and dependent upon achieving a profitable level of operations and on the ability of the Company to obtain necessary financing to fund ongoing operations. To meet these objectives, the Company continues to seek other sources of financing in order to support existing operations and expand the range and scope of its business. However, there are no assurances that any such financing can be obtained on acceptable terms, if at all. These financial statements do not give effect to any adjustments, which would be necessary should the Company be unable to continue as a going concern.

Note_4_Reverse_Merger_Transact

Note 4 - Reverse Merger Transaction	6 Months Ended
Note 4 - Reverse Merger Transaction	Dec. 31, 2014
Notes
Note 4 - Reverse Merger Transaction	Note 4 – Reverse Merger Transaction

	Pursuant to a Share Exchange Agreement dated August 26, 2011, the Company agreed to acquire all of the issued and outstanding shares of Cloud Data in exchange for the issuance of 70,000,000 shares of the Company’s common stock. The share exchange was treated as a reverse acquisition with Cloud Data deemed the accounting acquirer and the Company deemed the accounting acquiree under the purchase method of accounting, with the former shareholders of Cloud Data controlling approximately 52% of the voting rights after the closing of the transaction. The reverse merger is deemed a recapitalization and the consolidated financial statements represent the continuation of the financial statements of Cloud Data (the accounting acquirer/legal subsidiary) except for its capital structure, and the consolidated financial statements reflect the assets and liabilities of Cloud Data recognized and measured at their carrying value before the combination and the assets and liabilities of the Company (the legal acquiree/legal parent). The equity structure reflects the equity structure of the Company, the legal parent, and the equity structure of Cloud Data, the accounting acquirer, as restated using the exchange ratios established in the share exchange agreement to reflect the number of shares of the legal parent.

	The allocation of the purchase price and adjustment to stockholders’ equity is summarized in the table below:

	Net book value of the Company’s net assets acquired
	Cash	$	505
	Amounts receivable		386
	Prepaid expenses		668
	Mineral claims acquisition costs		124,912
	Accounts payable		-47,403
	Due to related parties		-73,734
	Due to former related party		(190,084	)
	Net assets	$	(184,750	)


	Adjustment to stockholders’ equity
	Reduction to additional paid-in capital	$	(177,858	)
	Increase in common stock at par value		700
	Adjustment to accumulated deficit		(7,592	)
	Net asset adjustment to equity	$	(184,750	)

Note_5_Intangible_Asset

Note 5 - Intangible Asset	6 Months Ended
Note 5 - Intangible Asset	Dec. 31, 2014
Notes
Note 5 - Intangible Asset	Note 5 – Intangible Asset

	On August 25, 2011, the Company acquired the right, title, and interest in software known as Domain Stutter with an estimated fair value of $140,000 in consideration for the issuance of 70,000,000 shares of common stock of the Company. Domain Stutter is a system that can auto-host thousands of domains per server and propagate them with unique content. The Company expects the initial software to bring value to the Company for the first five years of its service and as such the software is classified as a definitive asset and is amortized over a 5-year period. As of December 31, 2014, the accumulated amortization is $93,793 and the carrying value is $46,207.

	On May 5, 2014, the Company purchased intellectual property assets related to Bitcoin mining, Bitcoin pool development and operation and Bitcoin server development for $250,000 from Classic Capital, Inc. The Company expects the intellectual property to bring value to the Company for the first six years of its service and as such the software is classified as a definitive asset and is amortized over a 6-year period. As of December 31, 2014, the accumulated amortization is $27,372 and the carrying value is $222,628.

	Note 6 – Mineral Claims

	On April 1, 2009, the Company acquired certain assets of First Light Resources, Inc. (“First Light”), namely nine mineral claims located near Wawa in northern Ontario, Canada. The purchase price for the assets was $114,000, payable in cash and/or Company common stock. No cash was paid to First Light and a total of 55,000 shares of Company common stock were issued to nine designated parties of First Light, increasing the issued and outstanding shares of Company’s common stock from 30,060 shares to 85,060 shares. The Company also assumed a $10,912 account payable of First Light in connection with this transaction. The total $124,911 purchase consideration in the First Light transaction was allocated to the nine mineral claims which represents First Light’s represented amount of exploration costs on the properties. Title to the mineral claims is being held in trust, on behalf of the Company, by Dog Lake Exploration Inc. (“Dog Lake”). Two of the nine mineral claims were allowed to lapse in fiscal 2009 and four claims remain in good standing as of March 31, 2014. After completion of the First Light transaction both Dog Lake and First Light are considered related parties with the Company due to significant stockholdings in the Company by a director in common between Dog Lake and First Light.

	On April 1, 2010, Auric Mining Company (“Auric”) entered into an option agreement with the Company to acquire from the Company a fifty-two percent working interest in the mining claims held in trust, on behalf of the Company by Dog Lake Exploration Inc. Auric was to have completed its due diligence prior to the option expiring on September 15, 2011. An extension of the expiration date was granted by the Company pending further negotiations on timing, payment amounts and terms. At the time of the agreement, a director of the Company was also the President of Auric, therefore Auric was considered to be a related party and the option agreement was a related party transaction.

	On March 22, 2013 the Company decided to no longer support mineral claims and therefore took an asset impairment charge equal to the amount of the mineral claims of $124,911.

Note_7_Related_Party_Transacti

Note 7 - Related Party Transactions	6 Months Ended
Note 7 - Related Party Transactions	Dec. 31, 2014
Notes
Note 7 - Related Party Transactions	Note 7 – Related Party Transactions

	On August 25, 2011, the Company acquired 100% of the outstanding shares of Cloud Data Corporation in exchange for 70,000,000 common shares of the Company (Note 4). The acquisition was considered a related party transaction as the Company’s President and Director was also the President and Director of Cloud Data.

	As of December 31, 2014, $46,935 is due to related parties as compared to $77,655 for the period ended December 31, 2013.

	The Company is indebted to shareholders for $4,540 as of December 31, 2014 ($4,540 as of December 31, 2013), which is unsecured, non-interest bearing and is due on demand.

	Note 8 – Due to Former Related Party

	As of September 30, 2013, $190,084 was due to the Company’s former President and Director who resigned in June 2007. This amount is non-interest bearing, unsecured and has no specific terms of repayment.

	On October 11, 2013, Direct Capital acquired the debt and the Company executed an unsecured promissory note.
	As of September 30, 2014, $0 is due to Former Related Parties (September 30, 2013 - $190,084).

Note_9_Convertible_Notes_Payab

Note 9 - Convertible Notes Payable	6 Months Ended
	Dec. 31, 2014
Notes
Note 9 - Convertible Notes Payable	Note 9 – Convertible Notes Payable

			December 31,	June 30,
			2014	2014
	112 BIT Note #1		50,000	-
	Adar Bays Note #1		36,304	50,000
	Adar Bays Note #2		150,000	150,000
	Adar Bays Note #3		33,333	-
	Aladdin Trading Note #1		33,140	-
	Classic Capital Note #1		150,000	150,000
	Classic Capital Note #2		50,000	50,000
	Classic Capital Note #3		50,000	50,000
	Coventry Note #2		11,470	-
	Direct Capital Note #3		-	-
	Direct Capital Note #4		-	11,000
	Direct Capital Note #5		-	11,000
	Direct Capital Note #6		-	46,215
	Direct Capital Note #7		72,489	75,089
	Direct Capital Note #10		-	16,000
	Direct Capital Note #11		-	16,000
	Direct Capital Note #12		-	16,000
	Direct Capital Note #13		-	16,000
	Direct Capital Note #14		-	48,000
	Direct Capital Note #15		71,237	71,237
	Direct Capital Note #16		61,722	-
	Direct Capital Note #17		27,000	-
	Direct Capital Note #18		82,150	-
	Direct Capital Note #19		16,000	-
	Gel Properties Note #3		-	60,600
	JMJ Note #1		-	33,300
	JMJ Note #2		48,779	83,250
	KBM Worldwide Note #1		15,390	37,500
	KBM Worldwide Note #2		32,500	-
	LG Capital Note #1		30,000	30,000
	LG Capital Note #3		-	27,000
	LG Capital Note #4		40,000	40,000
	LG Capital Note #5		22,800	-
	LG Capital Note #6		55,000	-
	New Venture Note #1		50,000	50,000
	Prolific Note #1		20,000	20,000
	Union Capital Note #1		-	28,516
	Union Capital Note #2		97,000	97,000
	Union Capital Note #3		-	-
	Union Capital Note #4		110,000	-
	Union Capital Note #5		32,333	-
	Union Capital Note #6		32,333	-
	Union Capital Note #7		3,347	-
			$ 1,484,327	$ 1,283,708
		Debt discount	(610,129)	(263,546)
		Accrued interest	120,439	62,404
			$ 994,637	$ 1,082,566


	112BIT,LLC Note #1

	On November 24, 2014, the Company issued a convertible promissory note to 112BIT, LLC. Under the terms of the note, the Company has borrowed a total of $50,000 from 112 BIT, LLC, which accrues interest at an annual rate of 6% and has a maturity date of June 1, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $304 (six months ended December 31, 2013 - $0) in interest expense.

	After 180 days from issuance, the note may be converted at the option of the holder into common stock of the Company. The conversion price is 60% of the market price, where market price is defined as “the lowest closing bid price on the OTCBB for the five prior trading days including the day upon which a Notice of Conversion is received by the Company.”

	As of December 31, 2014, principal balance of $50,000 (December 31, 2013 - $0) and accrued interest of $304 (December 31, 2013 - $0) was recorded.

	Adar Bays, LLC Note #1

	On May 19, 2014, the Company issued a convertible promissory note to Adar Bays, LLC. Under the terms of the note, the Company has borrowed a total of $50,000 from Adar Bays, LLC, which accrues interest at an annual rate of 8% and has a maturity date of May 19, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,967 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $142,413, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $54,836 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $22,575 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 308,100,000common shares upon the conversion of $13,696 of the principal balance, and $24,356 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $36,304 (December 31, 2013 - $0), accrued interest of $2,427 (December 31, 2013 - $0), a debt discount of $27,425 (December 31, 2013 - $0) and a derivative liability of $63,221 (December 31, 2013 - $0) was recorded.

Adar Bays, LLC Note #2

On May 27, 2014, the Company issued a convertible promissory note to Adar Bays, LLC. Under the terms of the note, the Company has borrowed a total of $150,000 from Adar Bays, LLC, which accrues interest at an annual rate of 8% and has a maturity date of May 27, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $6,049 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $453,113, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $191,898 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $30,163 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $150,000 (December 31, 2013 - $0), accrued interest of $7,167 (December 31, 2013 - $0), a debt discount of $119,837 (December 31, 2013 - $0) and a derivative liability of $261,215 (December 31, 2013 - $0) was recorded.

Adar Bays, LLC Note #3

On May 27, 2014, the Company issued a convertible promissory note to Adar Bays, LLC. Under the terms of the note, the Company has borrowed a total of $33,333 from Adar Bays, LLC, which accrues interest at an annual rate of 8% and has a maturity date of May 27, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,651 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $94,941, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $36,894 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $8,152 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $33,333 (December 31, 2013 - $0), accrued interest of $1,651 (December 31, 2013 - $0), a debt discount of $25,181 (December 31, 2013 - $0) and a derivative liability of $58,047 (December 31, 2013 - $0) was recorded.

Aladdin Trading, LLC Note #1

On November 25, 2014, the Company arranged a debt swap under which a Direct Capital note was transferred to Aladdin Trading, LLC in the amount of $48,000. Under the terms of the note, the Company has borrowed a total of $50,240 from Aladdin Trading, LLC, which includes $2,240 in legal fees, accrues interest at an annual rate of 8% and has a maturity date of November 25, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $319 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $151,692, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $54,403 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $20,369 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 285,000,000common shares upon the conversion of $17,100 of the principal balance, and $39,578 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $33,140 (December 31, 2013 - $0), accrued interest of $319 (December 31, 2013 - $0), a debt discount of $29,871 (December 31, 2013 - $0) and a derivative liability of $57,711 (December 31, 2013 - $0) was recorded.

Classic Capital Note #1

On May 5, 2014, the Company issued a convertible promissory note to Classic Capital Inc. Under the terms of the note, the Company has borrowed a total of $150,000 from Classic Capital Inc., which accrues interest at an annual rate of 8% and has a maturity date of May 5, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $6,049 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $314,959, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $91,198 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $48,098 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $150,000 (December 31, 2013 - $0), accrued interest of $7,890 (December 31, 2013 - $0), a debt discount of $101,902 (December 31, 2013 - $0) and a derivative liability of $223,761 (December 31, 2013 - $0) was recorded.

Classic Capital Note #2

On May 31, 2014, the Company issued a convertible promissory note to Classic Capital Inc. Under the terms of the note, the Company has borrowed a total of $50,000 from Classic Capital Inc., which accrues interest at an annual rate of 8% and has a maturity date of May 31, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $2,016 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $60,909, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $13,678 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $8,967 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $50,000 (December 31, 2013 - $0), accrued interest of $2,345 (December 31, 2013 - $0), debt discount of $41,033 December 31, 2013 - $0) and a derivative liability of $74,587 (December 31, 2013 - $0) was recorded.

Classic Capital Note #3

On June 30, 2014, the Company issued a convertible promissory note to Classic Capital Inc. Under the terms of the note, the Company has borrowed a total of $50,000 from Classic Capital Inc., which accrues interest at an annual rate of 8% and has a maturity date of June 30, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $2,016 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $74,524 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $63 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $815 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $50,000 (December 31, 2013 - $0), accrued interest of $2,016 (December 31, 2013 - $0), a debt discount of $49,185 (December 31, 2013 - $0) and a derivative liability of $74,587 (December 31, 2013 - $0) was recorded.

Coventry Enterprises, LLC Note #2

On November 25, 2014, the Company arranged a debt swap under which a Direct Capital note was transferred to Coventry Enterprises, LLC in the amount of $32,000. Under the terms of the note, the Company has borrowed a total of $34,240 from Coventry Enterprises, LLC, which includes $2,240 in legal fees, accrues interest at an annual rate of 8% and has a maturity date of November 25, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $152 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $113,390, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $38,509 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $23,901 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 414,000,000common shares upon the conversion of $22,770 of the principal balance, and $53,083 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $11,470 (December 31, 2013 - $0), accrued interest of $152 (December 31, 2013 - $0), a debt discount of $10,339 (December 31, 2013 - $0) and a derivative liability of $21,798 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #3

On July 31, 2013, the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $11,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on February 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $756 (December 31, 2013 - $366) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $11,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $0 (six months ended December 31, 2013 - $9,097) was accreted to the statement of operations.

On October 22, 2014, the Company transferred the note balance of $11,000 to Union Capital, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $11,000), accrued interest of $2,185 (December 31, 2013 - $366) and a debt discount of $0 (December 31, 2013 - $1,903) was recorded.

Direct Capital Group Note #4

On August 31, 2013 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $11,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on March 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $524 (December 31, 2013 - $291) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $11,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $0 (six months ended December 31, 2013 - $7,374) was accreted to the statement of operations.

On September 17, 2014, the Company transferred the note balance of $11,000 to LG Capital Funding, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $11,000), accrued interest of $1,760 (December 31, 2013 - $291) and a debt discount of $0 (December 31, 2013 - $3,626) was recorded.

Direct Capital Group Note #5

On December 31, 2013 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $11,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on April 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $524 (December 31, 2013 - $219) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $11,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $0 (six months ended December 31, 2013 - $5,530) was accreted to the statement of operations.

On September 17, 2014, the Company transferred the note balance of $11,000 to LG Capital Funding, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $11,000), accrued interest of $1,554 (December 31, 2013 - $219) and debt discount of $0 (December 31, 2013 - $5,470) was recorded.

Direct Capital Group Note #6

On September 30, 2013 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $46,215. The promissory note is unsecured, bears interest at 8% per annum, and matures on April 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $501 (December 31, 2013 - $922) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $46,215 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $0 (six months ended December 31, 2013 - $23,234) was accreted to the statement of operations.

On July 18, 2014, the Company transferred the note balance of $46,215 to Union Capital, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $46,215), accrued interest of $4,831 (December 31, 2013 - $922) and a debt discount of $0 (December 31, 2013 - $22,981) was recorded.

Direct Capital Group Note #7

On October 11, 2013, the Company arranged a debt swap whereas Direct Capital Group acquired the debt from a former related party in the amount $190,084. The promissory note is unsecured, bears interest at 6% per annum. During the six months ending December 31, 2014, the Company accrued $2,250 (six months ended December 31, 2013 - $2,626) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $218,091 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $33,612 (six months ended December 31, 2013 –gain of $55,431) due to the change in value of the derivative liability during the period, and a debt discount of $0 (six months ended December 31, 2013 - $42,184) was accreted to the statement of operations.

On January 31, 2014, the Company transferred $50,000 of the note to Coventry Enterprises, LLC and $25,000 of the note to Prolific Group, LLC.

During the six months endedDecember 31, 2014, the Company issued 368,000,000 common shares upon the conversion of $2,600 of the principal balance, and $4,391 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $72,489 (December 31, 2013 - $172,084), accrued interest of $7,777 (December 31, 2013 - $2,626), debt discount of $0 (December 31, 2013 - $147,900) and a derivative liability of $116,488 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #10

On December 31, 2013 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $16,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on July 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $164 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $16,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $44 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On July 18, 2014, the Company transferred the note balance of $16,000 to Union Capital, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $16,000), accrued interest of $795 (December 31, 2013 - $0) and debt discount of $0 (December 31, 2013 - $16,000) was recorded.

Direct Capital Group Note #11

On January 31, 2014 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $16,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on August 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $63 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $16,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $1,901 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On July 18, 2014, the Company transferred the note balance of $16,000 to Union Capital, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $589 (December 31, 2013 - $0) and debt discount of $0 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #12

On February 28, 2014 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $16,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on September 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $501 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $16,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $4,536 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On September 17, 2014, the Company transferred the note balance of $16,000 to LG Capital Funding, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $929 (December 31, 2013 - $0) and debt discount of $0 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #13

On March 31, 2014 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $16,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on October 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $323 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $16,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $8,087 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On September 17, 2014, the Company transferred the note balance of $11,000 to LG Capital Funding, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $642 (December 31, 2013 - $0) and debt discount of $0 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #14

On April 30, 2014 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $48,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on November 1, 2014. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $1,557 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $48,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $32,173 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On November 25, 2014, the Company transferred the note balance of $48,000 to Aladdin Trading, LLC.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $2,199 (December 31, 2013 - $0) and debt discount of $0 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #15

On June 1, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $71,238. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

During the six months endedDecember 31, 2014, the Company accrued $2,873 (December 31, 2013 - $0) in interest expense.

As of December 31, 2014, principal balance of $71,238 (December 31, 2013 - $0) and accrued interest of $3,326 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #16

On July 1, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $61,722. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

During the six months endedDecember 31, 2014, the Company accrued $2,476 (December 31, 2013 - $0) in interest expense.

As of December 31, 2014, principal balance of $61,722 (December 31, 2013 - $0) and accrued interest of $2,476 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #17

On July 31, 2014 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $48,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on February 1, 2015. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $1,287 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $48,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $42,435 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On October 22, 2014, the Company transferred the note balance of $21,000 to Union Capital, LLC.

As of December 31, 2014, principal balance of $27,000 (December 31, 2013 - $0), accrued interest of $1,287 (December 31, 2013 - $0) and debt discount of $5,565 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #18

On August 1, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $82,150. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

During the six months endedDecember 31, 2014, the Company accrued $2,737 (December 31, 2013 - $0) in interest expense.

As of December 31, 2014, principal balance of $82,150 (December 31, 2013 - $0) and accrued interest of $2,737 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #19

On October 1, 2014 the Company entered into a Convertible Promissory Note with Direct Capital Group in the sum of $48,000. The promissory note is unsecured, bears interest at 8% per annum, and matures on April 1, 2015. Any principal amount not paid by the maturity date bears interest at 22% per annum. The Conversion Price shall mean par .00001 multiplied by the number of Common Stock converted at the time. The transaction was handled as a private sale exempt from registration under Section 4(2) of the Securities Act of 1933. During the six months endedDecember 31, 2014, the Company accrued $389 (December 31, 2013 - $0) in interest expense.

A portion of the proceeds from issuance of the convertible debt, equal to the intrinsic value, is allocated to additional paid-in capital. Because the debt is due on demand and is convertible at the date of issuance, the valuation of the beneficial conversion feature is charged to interest expense at the date of issuance.

On the date of issuance, interest expense relating to the beneficial conversion feature of this convertible note of $48,000 was recorded in the financial statements, with a corresponding increase to additional paid in capital. During the six months ended December 31, 2014, a debt discount of $40,000 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

On November 25, 2014, the Company transferred the note balance of $32,000 to Coventry Enterprises, LLC.

As of December 31, 2014, principal balance of $16,000 (December 31, 2013 - $0), accrued interest of $389 (December 31, 2013 - $0) and debt discount of $8,000 (December 31, 2013 - $0) was recorded.

Direct Capital Group Note #20

On October 1, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $150,000. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

Direct Capital Group Note #21

On October 2, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $150,000. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

Direct Capital Group Note #22

On October 3, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $150,000. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

Direct Capital Group Note #23

On October 4, 2014 the Company entered into a Promissory Note with Direct Capital Group in the sum of $150,000. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

Gel Properties Note #3

On May 27, 2014, the Company arranged a debt swap under which a Direct Capital note for $75,000 was transferred to Gel Properties, LLC. The promissory note is unsecured, bears interest at 6% per annum and matures on May 27, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $363 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active, the Company recorded a debt discount and derivative liability of $161,019, being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $3,810 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $54,955 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 84,685,909 common shares upon the conversion of $60,600 of the principal balance and $874 in interest, and $81,200 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $0 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

JMJ Financial Note #1

On July 18, 2013, the Company issued a convertible promissory note to JMJ Financial, LLC. Under the terms of the note, the Company borrowed $27,750 on July18, 2013 and $33,300 on February 20, 2014 for a total of $61,050 from JMJ Financial. In the event the Company does not repay note on or within 90 days of the date the funds were distributed, a one-time interest charge of 12% will be applied to the principal balance. The note has a maturity date of July 18, 2014 for the first payment and February 20, 2015 for the second payment. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $0 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $76,527 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $3,648 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $21,440 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 97,653,333 common shares upon the conversion of $33,300 of the principal balance and $3,996 of interest, and $41,380 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $0 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

JMJ Financial Note #2

On April 16, 2014, the Company issued a convertible promissory note to JMJ Financial, LLC. Under the terms of the note, the Company borrowed $49,950 on April 16, 2014 and $33,300 on June 23, 2014 for a total of $83,250 from JMJ Financial. In the event the Company does not repay note on or within 90 days of the date the funds were distributed, a one-time interest charge of 12% will be applied to the principal balance. The note has a maturity date of April 16, 2015 for the first payment and June 23, 2015 for the second payment. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $5,994 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $414,278 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $39,506 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $53,221 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 449,415,000 common shares upon the conversion of $34,471 of the principal balance, and $67,130 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $48,779 (December 31, 2013 - $0), accrued interest of $5,994 (December 31, 2013 - $0), debt discount of $19,126 (December 31, 2013 - $0) and a derivative liability of $84,946 (December 31, 2013 - $0) was recorded.

KBM Worldwide Note #1

On April 11, 2014, the Company issued a convertible promissory note to KBM Worldwide, Inc. Under the terms of the note, the Company has borrowed a total of $37,500 from KBM Worldwide, Inc., which accrues interest at an annual rate of 8% and has a maturity date of January 15, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,277 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $42,549 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $29,232 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $35,144 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 246,700,000 common shares upon the conversion of $22,110 of the principal balance, and $44,905 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $15,390 (December 31, 2013 - $0), accrued interest of $1,934 (December 31, 2013 - $0), debt discount of $2,356 (December 31, 2013 - $0) and a derivative liability of $26,876 (December 31, 2013 - $0) was recorded.

KBM Worldwide Note #2

On July 15, 2014, the Company issued a convertible promissory note to KBM Worldwide, Inc. Under the terms of the note, the Company has borrowed a total of $32,500 from KBM Worldwide, Inc., which accrues interest at an annual rate of 8% and has a maturity date of April 17, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,204 (six months ended December 31, 2013 - $0) in interest expense.

After 180 days from issuance, the note may be converted at the option of the holder into common stock of the Company. The conversion price is 58% of the market price, where market price is defined as “the average of the lowest six trading prices during the ten trading days prior to the conversion date.”

As of December 31, 2014, principal balance of $32,500 (December 31, 2013 - $0), accrued interest of $1,204 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

LG Capital Note #1

On February 26, 2014, the Company executed an Unsecured Promissory Note to LG Capital Funding, LLC. Under the terms of the note, the Company has borrowed a total of $30,000, which accrues interest at an annual rate of 8% and has a maturity date of February 26, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,210 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $44,287 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $12,724 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $22,474 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $30,000 (December 31, 2013 - $0), accrued interest of $1,420 (December 31, 2013 - $0), debt discount of $7,526 (December 31, 2013 - $0) and a derivative liability of $57,011 (December 31, 2013 - $0) was recorded.

LG Capital Note #3

On June 12, 2014, the Company arranged a debt swap under which two Direct Capital notes for $16,000 each was transferred to LG Capital Funding, LLC for a total amount of $32,000. The promissory note is unsecured, bears interest at 8% per annum and matures on June 12, 2015. The note also contains customary events of default.
During the six months endedDecember 31, 2014, the Company accrued $390 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $53,930 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $3,897 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $30,422 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 67,299,645 common shares upon the conversion of $27,000of the principal balance and $496 in interest, and $42,073 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $0 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

LG Capital Note #4

On June 12, 2014, the Company executed an Unsecured Promissory Note to LG Capital Funding, LLC. Under the terms of the note, the Company has borrowed a total of $40,000, which accrues interest at an annual rate of 8% and has a maturity date of June 12, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,613 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $71,475 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $4,540 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $4,565 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $40,000 (December 31, 2013 - $0), accrued interest of $1,771 (December 31, 2013 - $0), debt discount of $35,435 (December 31, 2013 - $0) and a derivative liability of $76,015 (December 31, 2013 - $0) was recorded.

LG Capital Note #5

On September 17, 2014, the Company arranged a debt swap under which Direct Capital notes were transferred to LG Capital Funding, LLC for a total amount of $54,000. The promissory note is unsecured, bears interest at 8% per annum and matures on September 17, 2015. The note also contains customary events of default.During the six months endedDecember 31, 2014, the Company accrued $983 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $68,325 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $45,691 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $32,012 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 497,511,270 common shares upon the conversion of $31,200of the principal balance and $457 in interest, and $70,688 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $22,800 (December 31, 2013 - $0), accrued interest of $526 (December 31, 2013 - $0), debt discount of $21,988 (December 31, 2013 - $0) and a derivative liability of $43,328 (December 31, 2013 - $0) was recorded.

LG Capital Note #6

On September 17, 2014, the Company executed an Unsecured Promissory Note to LG Capital Funding, LLC. Under the terms of the note, the Company has borrowed a total of $55,000, which accrues interest at an annual rate of 8% and has a maturity date of September 17, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,266 (six months ended December 31, 2013 - $0) in interest expense.

After 180 days from issuance, the note may be converted at the option of the holder into common stock of the Company. The conversion price is 55% of the market price, where market price is defined as “the lowest closing bid price on the OTCBB for the ten prior trading days including the day upon which a Notice of Conversion is received by the Company.”

As of December 31, 2014, principal balance of $55,000 (December 31, 2013 - $0), accrued interest of $1,266 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

New Venture Attorneys Note #1

On April 1, 2014, the Company executed an Unsecured Promissory Note to New Venture Attorneys PC. Under the terms of the note, the Company has borrowed a total of $50,000, which accrues interest at an annual rate of 8% and has a maturity date of April 1, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $2,016 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $61,389 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $33,629 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $25,406 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $50,000 (December 31, 2013 - $0), accrued interest of $3,003 (December 31, 2013 - $0), debt discount of $24,594 (December 31, 2013 - $0) and a derivative liability of $95,019 (December 31, 2013 - $0) was recorded.

Prolific Group Note #1

On January 31, 2014, the Company arranged a debt swap under which a Direct Capital note for $25,000 was transferred to Prolific Group, LLC. The promissory note is unsecured, bears interest at 6% per annum and matures on January 31, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $605 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $85,981 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $8,895 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $11,444 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $20,000 (December 31, 2013 - $0), accrued interest of $1,140 (December 31, 2013 - $0), debt discount of $337 (December 31, 2013 - $0) and a derivative liability of $32,139 (December 31, 2013 - $0) was recorded.

Union Capital Note #1

On May 27, 2014, the Company arranged a debt swap under which a Direct Capital note for $48,516 was transferred to Union Capital, LLC. The promissory note is unsecured, bears interest at 8% per annum and matures on May 27, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $0 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $104,160 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $6,937 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $25,860 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 23,026,134 common shares upon the conversion of $28,516 of the principal balance and $178 in interest, and $43,353 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $103 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

Union Capital Note #2

On May 27, 2014, the Company executed an Unsecured Promissory Note to Union Capital, LLC. Under the terms of the note, the Company has borrowed a total of $97,000, which accrues interest at an annual rate of 8% and has a maturity date of May 27, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $3,912 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $293,012 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $124,093 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $19,505 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

As of December 31, 2014, principal balance of $97,000 (December 31, 2013 - $0), accrued interest of $4,635 (December 31, 2013 - $0), debt discount of $77,495 (December 31, 2013 - $0) and a derivative liability of $168,919 (December 31, 2013 - $0) was recorded.

Union Capital Note #3

On July 18, 2014, the Company arranged a debt swap under which three Direct Capital notes for $46,215, $16,000 and $16,000 was transferred to Union Capital, LLC for a total amount of $82,450. The promissory note is unsecured, bears interest at 8% per annum and matures on July 18, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $1,017 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $161,503 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a gain of $58,410 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $82,450 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 190,011,199 common shares upon the conversion of $82,450 of the principal balanceand $1,017 in interest, and $103,094 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $0 (December 31, 2013 - $0), accrued interest of $0 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

Union Capital Note #4

On July 18, 2014, the Company executed an Unsecured Promissory Note to Union Capital, LLC. Under the terms of the note, the Company has borrowed a total of $110,000, which accrues interest at an annual rate of 8% and has a maturity date of July 18, 2015. The note also contains customary events of default. During the six months ended December 31, 2014, the Company accrued $4,002 (six months ended December 31, 2013 - $0) in interest expense.

After 180 days from issuance, the note may be converted at the option of the holder into common stock of the Company. The conversion price is 60% of the market price, where market price is defined as “the lowest closing bid price on the OTCBB for the ten prior trading days including the day upon which a Notice of Conversion is received by the Company.”

As of December 31, 2014, principal balance of $110,000 (December 31, 2013 - $0), accrued interest of $4,002 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

Union Capital Note #5

On August 28, 2014, the Company executed an Unsecured Promissory Note to Union Capital, LLC. Under the terms of the note, the Company has borrowed a total of $32,333, which accrues interest at an annual rate of 8% and has a maturity date of August 28, 2015. The note also contains customary events of default. During the six months ended December 31, 2014, the Company accrued $886 (six months ended December 31, 2013 - $0) in interest expense.

After 180 days from issuance, the note may be converted at the option of the holder into common stock of the Company. The conversion price is 60% of the market price, where market price is defined as “the lowest closing bid price on the OTCBB for the ten prior trading days including the day upon which a Notice of Conversion is received by the Company.”

As of December 31, 2014, principal balance of $32,333 (December 31, 2013 - $0), accrued interest of $886 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

Union Capital Note #6

On October 22, 2014, the Company executed an Unsecured Promissory Note to Union Capital, LLC. Under the terms of the note, the Company has borrowed a total of $32,333, which accrues interest at an annual rate of 8% and has a maturity date of October 22, 2015. The note also contains customary events of default. During the six months ended December 31, 2014, the Company accrued $652 (six months ended December 31, 2013 - $0) in interest expense.

After 180 days from issuance, the note may be converted at the option of the holder into common stock of the Company. The conversion price is 60% of the market price, where market price is defined as “the lowest closing bid price on the OTCBB for the ten prior trading days including the day upon which a Notice of Conversion is received by the Company.”

As of December 31, 2014, principal balance of $32,333 (December 31, 2013 - $0), accrued interest of $652 (December 31, 2013 - $0), debt discount of $0 (December 31, 2013 - $0) and a derivative liability of $0 (December 31, 2013 - $0) was recorded.

Union Capital Note #7

On October 22, 2014, the Company arranged a debt swap under whichtwo Direct Capital notes were transferred to Union Capital, LLC in the amount of $32,000. Under the terms of the note, the Company has borrowed a total of $34,560 from Union Capital, LLC, which includes $2,560 in legal fees, accrues interest at an annual rate of 8% and has a maturity date of October 22, 2015. The note also contains customary events of default. During the six months endedDecember 31, 2014, the Company accrued $248 (six months ended December 31, 2013 - $0) in interest expense.

Upon the holder’s option to convert becoming active the Company recorded a debt discount and derivative liability of $45,103 being the fair value of the conversion feature which was determined using the Black-Scholes valuation model. The debt discount is accreted to the statement of operations using the effective interest rate method over the term of the note or to the date of conversion, and the derivative liability is revalued at each reporting date to fair value. Any change in fair value is credited or charged to the statement of operations in the period.

During the six months endedDecember 31, 2014, the Company recorded a loss of $20,662 (six months ended December 31, 2013 - $0) due to the change in value of the derivative liability during the period, and a debt discount of $31,626 (six months ended December 31, 2013 - $0) was accreted to the statement of operations.

During the six months endedDecember 31, 2014, the Company issued 466,000,000 common shares upon the conversion of $31,213 of the principal balanceand $248 in interest, and $59,936 of the derivative liability was re-classified as additional paid in capital upon conversion.

As of December 31, 2014, principal balance of $3,347 (December 31, 2013 - $0), accrued interest of $0 (December 31, 2013 - $0), debt discount of $2,934 (December 31, 2013 - $0) and a derivative liability of $5,829 (December 31, 2013 - $0) was recorded.

Note 10 – Derivative Liabilities

The Company issued financial instruments in the form of convertible notes with embedded conversion features. The convertible notes payable have conversion rates which are indexed to the market value of the Company’s common stock price.

During the six months endedDecember 31, 2014, $407,026 of principal and $7,266 in interest of convertible notes payable were converted into common stock of the Company.

These derivative liabilities have been measured in accordance with fair value measurements, as defined by GAAP. The valuation assumptions are classified within Level 3 inputs.

The following table represents the Company’s derivative liability activity for the embedded conversion features discussed above:


	December 31,
	2014
Balance, beginning of year	$ 420,092
Initial recognition of derivative liability	2,193,584
Conversion of derivative instruments to Common Stock	(675,166)
Mark-to-Market adjustment to fair value	(397,013)
Balance as of December 31, 2014	$ 1,541,497

Note_11_Common_Stock

Note 11 - Common Stock	6 Months Ended
Note 11 - Common Stock	Dec. 31, 2014
Notes
Note 11 - Common Stock	Note 11 – Common Stock

	On August 26, 2011, the Company issued 70,000,000 shares at $0.002 per share pursuant to a Share Exchange Agreement with Cloud Date Corporation. An intangible asset of $140,000 was recorded.

	From January 1, 2013 to March 31, 2013, the holders of a convertible notes converted a total of $39,000 of principal and interest into 6,246,397 shares of common stock.

	On March 13, 2013, the Company issued 6,000,000 shares of common stock to settle debt of $60. These shares were then retired on April 23, 2013

	On May 22, 2013, the Company issued 10,000,000 shares of common stock to settle debt of $100. Of the shares issued, 5,000,000 were retired on June 27, 2013.

	From April 1, 2013 to June 30, 2013, the holders of convertible notes converted a total of $12,000 of principal into 3,636,364 shares of common stock.

	From September 19, 2013 to September 26, 2013, partial conversion of 1 Convertible Preferred share was converted to 45,000,000 shares of common stock. This 1 Convertible Preferred share was cancelled and the remaining value of $165,000 was reinstated.

	On May 12, 2014, the Company issued 30,000,000 shares to Rancho Capital Management.

	From July 1, 2013 to June 30, 2014, the holders of convertible notes converted a total of $391,649 of principal and interest into 897,851,414 shares of common stock.

	On December 15, 2014, pursuant to a consulting agreement, the Company issued 105,833,272 shares of common stock for $149,500 in fees owed to the President, Brett Everett.

	From July 1, 2014 to December 31, 2014, the holders of convertible notes converted a total of $414,292 in principal and interest into 3,497,402,490 shares of common stock.

	As of December 31, 2014 the Company has authorized 7,500,000,000 shares of common stock, of which 4,715,103,282 shares are issued and outstanding.

	Note 12 –Preferred Stock

	As of December 31, 2014, the Company has authorized 50,000,000 shares of preferred stock, of which 110,000 Shares of Series APreferredand 1,000 shares of Series B Preferred and 1500 Shares Series C Preferred are issued and outstanding.

Note_13_Income_Taxes

Note 13 - Income Taxes	6 Months Ended
	Dec. 31, 2014
Notes
Note 13 - Income Taxes	Note 13 – Income Taxes

	The Company had no income tax expense during the reported period due to net operating losses. A reconciliation of income tax expense to the amount computed at the statutory rates is as follows:

		December 31,
		2014	2013
	Operating profit (loss) for the six month period ended December 31	$ (2,293,342)	$ (264,452)
	Average statutory tax rate	34%	34%
	Expected income tax provisions	$ (779,736)	$ (89,914)
	Unrecognized tax gains (loses)	(779,736)	(89,914)
	Income tax expense	$ -	$ -

	The Company has net operating losses carried forward of approximately $5,284,711 for tax purposes which will expire in 2025 if not utilized beforehand.

Note_14_Subsequent_Events

Note 14 - Subsequent Events	6 Months Ended
Note 14 - Subsequent Events	Dec. 31, 2014
Notes
Note 14 - Subsequent Events	Note 14 – Subsequent Events

	On January 1, 2015 the Company entered into a Promissory Note with Direct Capital Group in the sum of $150,000. The promissory note is unsecured, bears interest at 8% per annum, and is due on demand or in increments.

	On January 31, 2015 the Company submitted to the Nevada Secretary of State for Filing a Certificate of Designation to designate 1,500 share of Series C Non-Voting Convertible Preferred Stock. Shares of that preferred stock will be distributed to shareholders of the Company’s common stock of record on January 31, 2015.

Note_1_basis_of_Presentation_U

Note 1 -basis of Presentation: Use of Estimates, Policy (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Use of Estimates, Policy
	a) Use of Estimates.

	The preparation of these financial statements in conformity with US generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company regularly evaluates estimates and assumptions related to stock-based compensation and deferred income tax valuations. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Note_1_basis_of_Presentation_E

Note 1 -basis of Presentation: Earnings Per Share, Policy (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Earnings Per Share, Policy
	b) Basic and Diluted Loss Per Share.

	The Company computes (loss) per share in accordance with ASC 260, Earnings per Share, which requires presentation of both basic and diluted per share (EPS) on the face of the income statement. Basic loss per share is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all potentially dilutive shares if their effect is anti-dilutive.

Note_1_basis_of_Presentation_C

Note 1 -basis of Presentation: Cash and Cash Equivalents, Policy (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Cash and Cash Equivalents, Policy
	c) Cash and Cash Equivalents.

	The Company considers all highly liquid instruments with maturity of nine months or less at the time of issuance to be cash equivalents. The Company has no cash equivalents as of September 30, 2014 and June 30, 2014.

Note_1_basis_of_Presentation_F

Note 1 -basis of Presentation: Financial Instruments Disclosure (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Financial Instruments Disclosure
	d) Financial Instruments.

	The Company’s financial instruments consist principally of cash, amounts receivable, and accounts payable, due to related parties and due to former related party. Pursuant to ASC 820, Fair Value Measurements and Disclosures, and ASC 825, Financial Instruments the fair value of the Company’s cash equivalents is determined based on “Level 1” inputs, which consist of quoted prices in active markets for identical assets. The Company believes that the recorded values of all of the Company’s other financial instruments approximate their current fair values because of their nature or respective relatively short maturity dates.

	The Company’s operations are in Canada, which results in exposure to market risks from changes in foreign currency rates. The financial risk is the risk to the Company’s operations that arise from fluctuations in foreign exchange rates and the degree of volatility of these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk.

Note_1_basis_of_Presentation_M

Note 1 -basis of Presentation: Mineral Industries Disclosures (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Mineral Industries Disclosures
	e) Mineral Property Costs.

	Mineral property exploration costs are expensed as incurred. Mineral property acquisition costs are initially capitalized. When it has been determined that a mineral property can be economically developed as a result of establishing proven and probable reserves, the costs then incurred to develop such property, are capitalized. Such costs will be amortized using the units-of-production method over the estimated life of the probable reserve. If mineral properties are subsequently abandoned or impaired, any capitalized costs will be charged to operations.

Note_1_basis_of_Presentation_I

Note 1 -basis of Presentation: Income Tax (Policies)	6 Months Ended
Note 1 -basis of Presentation: Income Tax (Policies)	Dec. 31, 2014
Policies
Income Tax



	f) Income Taxes.

	The Company accounts for income taxes using the asset and liability method in accordance with ASC 740, Income Taxes. The asset and liability method provides that deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.

	Interest and penalties on tax deficiencies recognized in accordance with ASC accounting standards are classified as income taxes in accordance with ASC Topic 740-10-50-19.

Note_1_basis_of_Presentation_F1

Note 1 -basis of Presentation: Foreign Currency Translation. (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Foreign Currency Translation.	g) Foreign Currency Translation.

	The functional and reporting currency of the Company is the United States dollar. Monetary assets and liabilities denominated in foreign currencies are translated to United States dollars in accordance with ASC 740 Foreign Currency Translation Matters, using the exchange rate prevailing at the balance sheet date. Gains and losses arising on translation or settlement of foreign currency denominated transactions or balances are included in the determination of income. The Company has not, to the date of these financial statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.

	To the extent that the Company incurs transactions that are not denominated in its functional currency, they are undertaken in Canadian dollars. The Company has not, to the date of these financials statements, entered into derivative instruments to offset the impact of foreign currency fluctuations.

Note_1_basis_of_Presentation_C1

Note 1 -basis of Presentation: Compensation Related Costs, Policy (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Compensation Related Costs, Policy
	h) Stock-based Compensation.

	The Company records stock-based compensation in accordance with ASC 718, Compensation – Stock Based Compensation and ASC 505, Equity Based Payments to Non-Employees, which requires the measurement and recognition of compensation expense based on estimated fair values for all share-based awards made to employees and directors, including stock options.

	ASC 718 requires companies to estimate the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period.

	All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable.

Note_1_basis_of_Presentation_N

Note 1 -basis of Presentation: New Accounting Pronouncements, Policy (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
New Accounting Pronouncements, Policy
	i) Recently Issued Accounting Pronouncements.

	Recent Developed Accounting Pronouncements

	Effective January 2013, we adopted FASB ASU No. 2011-11, Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (ASU 2011-11). The amendments in ASU 2011-11 require the disclosure of information on offsetting and related arrangements for financial and derivative instruments to enable users of its financial statements to understand the effect of those arrangements on its financial position. Amendments under ASU 2011-11 will be applied retrospectively for fiscal years, and interim periods within those years, beginning after January 1, 2013. The adoption of this update did not have a material impact on the consolidated financial statements.

	Effective January 2013, we adopted FASB ASU No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive (ASU 2013-02). This guidance is the culmination of the FASB’s deliberation on reporting reclassification adjustments from accumulated other comprehensive income (AOCI). The amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income. However, the amendments require disclosure of amounts reclassified out of AOCI in its entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross-referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. The adoption of this update did not have a material impact on the consolidated financial statements.

	New Accounting Pronouncements Not Yet Adopted

	In February 2013, the FASB issued ASU No. 2013-04, Liabilities (Topic 405): Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation Is Fixed at the Reporting Date. The amendments in ASU 2013-04 provide guidance for the recognition, measurement, and disclosure of obligations resulting from joint and several liability arrangements for which the total amount of the obligation within the scope of this Update is fixed at the reporting date, except for obligations addressed within existing guidance in U.S. GAAP. The guidance requires an entity to measure those obligations as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. The guidance in this Update also requires an entity to disclose the nature and amount of the obligation as well as other information about those obligations. The amendments in this standard are effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2013. We are evaluating the effect, if any, adoption of ASU No. 2013-04 will have on our consolidated financial statements.

	In March 2013, the FASB issued ASU No. 2013-05, Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. The amendments in ASU No. 2013-05 resolve the diversity in practice about whether Subtopic 810-10, Consolidation—Overall, or Subtopic 830-30, Foreign Currency Matters—Translation of Financial Statements, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment ina foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) withina foreign entity. In addition, the amendments in this Update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. The amendments in this standard are effective prospectively for fiscal years, and interim reporting periods within those years, beginning December 15, 2013. We are evaluating the effect, if any, adoption of ASU No. 2013-05 will have on our consolidated financial statements.

	In April 2013, the FASB issued ASU No. 2013-07, Presentation of Financial Statements (Top 205): Liquidation Basis of Accounting. The objective of ASU No. 2013-07 is to clarify when an entity should apply the liquidation basis of accounting and to provide principles for the measurement of assets and liabilities under the liquidation basis of accounting, as well as any required disclosures. The amendments in this standard is effective prospectively for entities that determine liquidation is imminent during annual reporting periods beginning after December 15, 2013, and interim reporting periods therein. We are evaluating the effect, if any, adoption of ASU No. 2013-07 will have on our consolidated financial statements.

Note_1_basis_of_Presentation_D

Note 1 -basis of Presentation: Development Stage Enterprises (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Development Stage Enterprises
	j) Development Stage Company

	The Company is considered a development stage company, with no operating revenues during the periods presented, as defined by FASB Accounting Standards Codification ASC 915. ACS 915 requires companies to report their operations, shareholders’ deficit and cash flows since inception through the date that revenues are generated from management’s intended operations, among other things. Management has defined inception as April 11, 2011. Since inception, the Company has incurred an operating loss of $5,284,711. The Company’s working capital has been generated through advances from the principal of the Company and solicitation of subscriptions. Management has provided financial data since April 11, 2011 in the financial statements, as a means to provide readers of the Company’s financial information to be able to make informed investment decisions.

Note_1_basis_of_Presentation_L

Note 1 -basis of Presentation: Liquidity Disclosure (Policies)	6 Months Ended
	Dec. 31, 2014
Policies
Liquidity Disclosure
	k) Going Concern

	The Company is in the development stage and has generated $116,863 in revenues and has incurred a net loss of $5,284,711 since inception April 11, 2011. At December 31, 2014, the Company had $256,195in current assets and $2,718,963 in current liabilities. Further, the Company incurred a loss of $2,293,342 for the six months ended December 31, 2014. In view of these conditions, the ability of the Company to continue as a going concern is in substantial doubt and dependent upon achieving a profitable level of operations and on the ability of the Company to obtain necessary financing to fund ongoing operations. To meet these objectives, the Company continues to seek other sources of financing in order to support existing operations and expand the range and scope of its business. However, there are no assurances that any such financing can be obtained on acceptable terms, if at all. These financial statements do not give effect to any adjustments, which would be necessary should the Company be unable to continue as a going concern.

Note_4_Reverse_Merger_Transact1

Note 4 - Reverse Merger Transaction: Schedule of Purchase Price Allocation (Tables)	6 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Purchase Price Allocation
	Net book value of the Company’s net assets acquired
	Cash	$	505
	Amounts receivable		386
	Prepaid expenses		668
	Mineral claims acquisition costs		124,912
	Accounts payable		-47,403
	Due to related parties		-73,734
	Due to former related party		(190,084	)
	Net assets	$	(184,750	)

Note_4_Reverse_Merger_Transact2

Note 4 - Reverse Merger Transaction: Schedule of Stockholders Equity (Tables)	6 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Stockholders Equity

	Adjustment to stockholders’ equity
	Reduction to additional paid-in capital	$	(177,858	)
	Increase in common stock at par value		700
	Adjustment to accumulated deficit		(7,592	)
	Net asset adjustment to equity	$	(184,750	)

Note_9_Convertible_Notes_Payab1

Note 9 - Convertible Notes Payable: Convertible Debt (Tables)	6 Months Ended
	Dec. 31, 2014
Tables/Schedules
Convertible Debt
			December 31,	June 30,
			2014	2014
	112 BIT Note #1		50,000	-
	Adar Bays Note #1		36,304	50,000
	Adar Bays Note #2		150,000	150,000
	Adar Bays Note #3		33,333	-
	Aladdin Trading Note #1		33,140	-
	Classic Capital Note #1		150,000	150,000
	Classic Capital Note #2		50,000	50,000
	Classic Capital Note #3		50,000	50,000
	Coventry Note #2		11,470	-
	Direct Capital Note #3		-	-
	Direct Capital Note #4		-	11,000
	Direct Capital Note #5		-	11,000
	Direct Capital Note #6		-	46,215
	Direct Capital Note #7		72,489	75,089
	Direct Capital Note #10		-	16,000
	Direct Capital Note #11		-	16,000
	Direct Capital Note #12		-	16,000
	Direct Capital Note #13		-	16,000
	Direct Capital Note #14		-	48,000
	Direct Capital Note #15		71,237	71,237
	Direct Capital Note #16		61,722	-
	Direct Capital Note #17		27,000	-
	Direct Capital Note #18		82,150	-
	Direct Capital Note #19		16,000	-
	Gel Properties Note #3		-	60,600
	JMJ Note #1		-	33,300
	JMJ Note #2		48,779	83,250
	KBM Worldwide Note #1		15,390	37,500
	KBM Worldwide Note #2		32,500	-
	LG Capital Note #1		30,000	30,000
	LG Capital Note #3		-	27,000
	LG Capital Note #4		40,000	40,000
	LG Capital Note #5		22,800	-
	LG Capital Note #6		55,000	-
	New Venture Note #1		50,000	50,000
	Prolific Note #1		20,000	20,000
	Union Capital Note #1		-	28,516
	Union Capital Note #2		97,000	97,000
	Union Capital Note #3		-	-
	Union Capital Note #4		110,000	-
	Union Capital Note #5		32,333	-
	Union Capital Note #6		32,333	-
	Union Capital Note #7		3,347	-
			$ 1,484,327	$ 1,283,708
		Debt discount	(610,129)	(263,546)
		Accrued interest	120,439	62,404
			$ 994,637	$ 1,082,566

Note_9_Convertible_Notes_Payab2

Note 9 - Convertible Notes Payable: Derivatives and Fair Value (Tables)	6 Months Ended
	Dec. 31, 2014
Tables/Schedules
Derivatives and Fair Value

		December 31,
		2014
	Balance, beginning of year	$ 420,092
	Initial recognition of derivative liability	2,193,584
	Conversion of derivative instruments to Common Stock	(675,166)
	Mark-to-Market adjustment to fair value	(397,013)
	Balance as of December 31, 2014	$ 1,541,497

Note_13_Income_Taxes_Schedule_

Note 13 - Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)	6 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Components of Income Tax Expense (Benefit)
		December 31,
		2014	2013
	Operating profit (loss) for the six month period ended December 31	$ (2,293,342)	$ (264,452)
	Average statutory tax rate	34%	34%
	Expected income tax provisions	$ (779,736)	$ (89,914)
	Unrecognized tax gains (loses)	(779,736)	(89,914)
	Income tax expense	$ -	$ -

Note_9_Convertible_Notes_Payab3

Note 9 - Convertible Notes Payable: Derivatives and Fair Value (Details) (USD $)	Dec. 31, 2014
Details
Balance, beginning of year	$420,092
Initial recognition of derivative liability	2,193,584
Conversion of derivative instruments to Common Stock	-675,166
Mark-to-Market adjustment to fair value	-397,013
Balance as of December 31, 2014	$1,541,497

Note_13_Income_Taxes_Schedule_1

Note 13 - Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Details
Deferred Tax Assets, Operating Loss Carryforwards	($2,293,342)	($264,452)
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Provision for Loan Losses	-779,736	-89,914
Unrecognized Tax Benefits Resulting in Net Operating Loss Carryforward	($779,736)	($89,914)