America Greener (OSLE) 10-Q 14 Nov 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document and Entity Information:	'	'
Entity Registrant Name	'America Greener Technologies, Inc.	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Entity Central Index Key	'0001403433	'
Current Fiscal Year End Date	'--06-30	'
Entity Common Stock, Shares Outstanding	'	20,180,014
Entity Filer Category	'Smaller Reporting Company	'
Entity Current Reporting Status	'No	'
Entity Voluntary Filers	'Yes	'
Entity Well-known Seasoned Issuer	'Yes	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Jun. 30, 2014
Current assets:	'	'
Cash	$27,679	$24,885
Inventory	111,619	111,619
Prepaid expenses and other current assets	10,259	29,888
Total current assets	149,557	166,392
Other assets:	'	'
Property and equipment, net	46,304	49,641
Trademark	1,601	1,601
Deposit	3,500	3,500
Total other assets	51,405	54,742
Total assets	200,962	221,134
Current liabilities:	'	'
Accounts payable and accrued liabilities	96,604	112,890
Convertible notes payable - related party	100,000	100,000
Notes payable	275,131	144,960
Notes payable - related party	223,359	44,951
Due to related party	3,000	'
Total current liabilities	698,094	402,801
Commitments and contingencies (Note 6)	'	'
Stockholders' deficit:	'	'
Preferred stock, $0.001 par value, 5,000,000 shares authorized: none shares issued and outstanding	'	'
Common stock, $0.001, 75,000,000 shares authorized: 19,005,014 and 19,005,014 shares issued and outstandingat September 30, 2014 and June 30, 2014, respectively	19,005	19,005
Additional paid in capital	2,676,160	1,398,160
Accumulated deficit	-3,192,297	-1,598,832
Total stockholders' deficit	-497,132	-181,667
Total liabilities and stockholders' deficit	$200,962	$221,134

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Jun. 30, 2014
Assets [Abstract]	'	'
Preferred Stock, par value	$0.00	$0.00
Preferred Stock, shares authorized	5,000,000	5,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Common Stock, par value	$0.00	$0.00
Common Stock, shares authorized	75,000,000	75,000,000
Common Stock, shares issued	19,005,014	19,005,014
Common Stock, shares outstanding	19,005,014	19,005,014

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Revenues [Abstract]	'	'
Net revenues - services	'	'
Operating expenses:	'	'
Depreciation	3,337	1,996
Marketing, selling and advertising expenses	55,124	31,583
Compensation expense	1,308,456	1,397
Professional fees	58,494	900
Consulting fees	124,500	79,170
General and administrative	39,196	53,402
Total operating expenses	1,589,107	168,448
Loss from operations	-1,589,107	-168,448
Other expense	'	'
Interest expense	-4,358	'
Total other expense	-4,358	'
Loss before provision for income taxes	-1,593,465	-168,448
Provision for income taxes	'	'
Net loss	($1,593,465)	($168,448)
WEIGHTED AVERAGE COMMON SHARES Basic and Diluted	19,005,014	15,000,000
NET LOSS PER COMMON SHARE: OUTSTANDING - Basic and Diluted	($0.08)	($0.01)

STATEMENTS_OF_CASH_FLOWS

STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net Loss	($1,593,465)	($168,448)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:	'	'
Depreciation	3,337	1,996
Stock based compensation	1,278,000	'
Changes in operating assets and liabilities	'	'
Prepaid expenses and other current assets	19,629	'
Accounts Payable and Accrued Liabilities	3,714	'
Net cash used in operating activities	-288,785	-166,452
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from notes payable	288,579	'
Proceeds from related party advances	3,000	'
Proceeds from related party equity contributions	'	121,151
Net cash provided by financing activities	291,579	121,151
Net increase (decrease) in cash	2,794	-45,301
Cash at beginning of Period	24,885	60,337
Cash at end of Period	27,679	15,036
SUPPLEMENTAL DISCLOSURE OF CASH FLOWINFORMATION:	'	'
Cash Paid for Interest	'	'
Cash Paid for Income Taxes	'	'
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:	'	'
Issued a note payable to settle accounts payable	$20,000	'

ORGANIZATION_AND_SUMMARY_OF_SI

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Sep. 30, 2014
Organization And Summary Of Significant Accounting Policies	'
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	NOTE 1 – ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Organization
	Nature of Business
	America Greener Technologies Inc.’s (formerly Osler Incorporated) (the “Company”) principal business is focused on marketing and selling Polarchem’s proprietary technology solutions in North America. The Company has a license agreement with Polarchem, a related party, to sell Polarchem’s products (see Note 6). The Company’s primary product is AGT Polarchem chemistry that allows online cleaning of boiler tube and heat transfer surfaces to provide boiler optimization and combustion efficiency to a wide variety of customers including coal fired power plants, petroleum refineries, waste to energy facilities, biomass combustion processes, incinerators, fuel oil burners, naval vessels and other similar combustion processes. AGT Subsidiary (as hereinafter defined) was a former subsidiary of America Greener Technologies Corporation, a British Columbia company (“AGT Canada”).
	Recapitalization
	On February 25, 2014, America Greener Technologies Corporation, a private Arizona corporation (“AGT Subsidiary”), which is the historical business, entered into a Share Exchange Agreement with the Company and the shareholders of AGT Subsidiary whereby the Company agreed to acquire all of the issued and outstanding capital stock of AGT Subsidiary in exchange for 15,000,000 shares of the Company’s common stock. On March 19, 2014 the transaction closed and AGT Subsidiary is now a wholly-owned subsidiary of the Company. Prior to the acquisition of AGT Subsidiary, the Company was a shell company.
	At closing, the Company issued 15,000,000 shares of its common stock to the shareholders of AGT Subsidiary who obtained approximately 86% voting control and management control of the Company. The transaction was accounted for as a reverse acquisition and recapitalization of AGT Subsidiary whereby AGT Subsidiary is considered the acquirer for accounting purposes. The consolidated financial statements after the acquisition include the balance sheets of both companies at historical cost, the historical results of AGT Subsidiary and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization (see Note 5).
	Basis of presentation and going concern
	The consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America ("US GAAP") and the rules and regulations of the U.S Securities and Exchange Commission for Interim Financial Information. All intercompany transactions and balances have been eliminated. All adjustments (consisting of normal recurring items) necessary to present fairly the Company's financial position as of September 30, 2014, and the results of operations and cash flows for the three months ended September 30, 2014 have been included. The results of operations for the three months ended September 30, 2014 are not necessarily indicative of the results to be expected for the full year. The consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended June 30, 2014, which are contained in the Company's Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on September 25, 2014. The consolidated balance sheet as of June 30, 2014 was derived from those financial statements.
	As reflected in the accompanying financial statements, the Company has a net loss and net cash used in operations of $1,593,465 and $288,785, respectively, for the three months ended September 30, 2014.  Additionally the Company has accumulated deficit of $3,192,297 at September 30, 2014. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations.
	Uncertainty regarding these matters, raises substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.  While the Company believes in the viability of its strategy to generate revenues, there can be no assurances to that effect.
	Use of estimates
	The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and the related disclosures at the date of the financial statements and during the reporting period. Actual results could materially differ from these estimates. Significant estimates include the valuation of deferred tax assets, stock based compensation and the useful life of property and equipment.
	Cash and cash equivalents
	The Company considers all highly liquid debt instruments and other short-term investments with maturity of three months or less, when purchased, to be cash equivalents.  The Company maintains cash and cash equivalent balances at one financial institution that is insured by the Federal Deposit Insurance Corporation. The Company’s account at this institution is insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000. As of September 30, 2014, the Company has not reached bank balances exceeding the FDIC insurance limit. To reduce its risk associated with the failure of such financial institution, the Company evaluates at least annually the rating of the financial institution in which it holds deposits.
	Inventory
	Inventory, consisting of finished goods related to the Company’s products are stated at the lower of cost or market utilizing the first-in, first-out method.
	Prepaid expenses and other current assets
	Prepaid expenses and other current assets of $10,259 and $29,888 at September 30, 2014 and June 30, 2014, respectively, consist primarily of costs paid for future services which will occur within a year. Prepaid expenses include prepayments in cash for prepaid consulting fees and prepaid insurance which are being amortized over the terms of their respective agreements.
	Fair value measurements and fair value of financial instruments
	Fair value is the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The Company classifies assets and liabilities recorded at fair value under the fair value hierarchy based upon the observability of inputs used in valuation techniques.  Observable inputs (highest level) reflect market data obtained from independent sources, while unobservable inputs (lowest level) reflect internally developed market assumptions.
	The fair value measurements are classified under the following hierarchy:
		•	Level 1—Observable inputs that reflect quoted market prices (unadjusted) for identical assets and liabilities in active markets;
		•	Level 2—Observable inputs, other than quoted market prices, that are either directly or indirectly observable in the marketplace for identical or similar assets and liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities; and
		•	Level 3—Unobservable inputs that are supported by little or no market activity that is significant to the fair value of assets or liabilities.
	The estimated fair value of certain financial instruments, including cash and cash equivalents, prepaid expenses and accounts payable are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments.
	Property and equipment
	Property and equipment are carried at cost less accumulated depreciation.  Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The cost of repairs and maintenance is expensed as incurred; major replacements and improvements are capitalized.  When assets are retired or disposed of, the cost and accumulated depreciation are removed, and any resulting gains or losses are included in the consolidated statement of operations.
	Trademark
	Legal costs associated with serving and protecting the Company’s trademark are being capitalized. During the period from February 14, 2012 (inception) to December 31, 2012, the Company filed a trademark for its company logo. In accordance with Accounting Standards related to “Goodwill and Other Intangible Assets”, the Company does not amortize its trademark determined to have an indefinite useful life. Instead, the Company assesses its indefinite-life trademark for impairment annually and when circumstances indicate that the carrying value may not be recoverable.
	Impairment of long-lived assets
	The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair value and its book value. The Company did not consider it necessary to record any impairment charges during the three months ended September 30, 2014 and 2013 respectively.
	Revenue recognition
	The Company follows the guidance of the FASB ASC 605-10-S99 “Revenue Recognition Overall – SEC Materials”. The Company records revenue when persuasive evidence of an arrangement exists, product delivery has occurred, the sales price to the customer is fixed or determinable, and collectability is reasonably assured.
	The following policies reflect specific criteria for the various revenues streams of the Company:
	Revenue from the sale of the Company’s Polarchem’s solution and products are recognized upon delivery to and acceptance by the customers.
	Revenue for equipment installation and cleaning services is recognized upon completion of the installation and cleaning services.
	Revenue for services performed such as consulting and optimization services are recognized when services have been rendered.
	Cost of Sales
	The primary components of cost of sales include the cost of the product, shipping costs, and installation/labor cost.
	Concentration of Supplier
	The Company purchases substantially all of its products from Polarchem which has manufacturing companies located in India and the UK (see Note 4 and 6).
	Income taxes
	The Company accounts for income taxes pursuant to the provision of ASC 740-10, “Accounting for Income Taxes” which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.
	The Company follows the provision of the ASC 740-10 related to Accounting for Uncertain Income Tax Positions. When tax returns are filed, some positions taken may be sustained upon examination by the taxing authorities, while others may be subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. The Company has filed its 2013 income tax return which remains subject to IRS examination.
	Stock-based compensation
	Stock-based compensation is accounted for based on the requirements of the Share-Based Payment Topic of ASC 718 which requires recognition in the consolidated financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award.  The Company recognizes compensation on a straight-line basis over the requisite service period for each award.  There were 1,800,000 options and no options outstanding as of September 30, 2014 and 2013, respectively. The Company accounts for non-employee stock-based awards in accordance with the measurement and recognition criteria under ASC Topic 505-50.
	Pursuant to ASC Topic 505-50, for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date.” The expense is recognized over the vesting period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company initially records compensation expense based on the fair value of the award at the reporting date.
	Marketing, selling and advertising
	Marketing, selling and advertising are expensed as incurred. For the three months ended September 30, 2014 and 2013, such expenses were $55,124 and $31,583, respectively.
	Net loss per share of common stock
	Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares during the period. Diluted net loss per share is computed using the weighted average number of common shares and potentially dilutive securities outstanding during the period. At September 30, 2014 and 2013, the Company has 2,050,000 and – 0 - potentially dilutive securities outstanding, respectively, in connection with the convertible notes (see Note 3) and stock options.
	Recent accounting pronouncements
	Accounting standards which were not effective until after September 30, 2014 are not expected to have a material impact on the Company’s financial position or results of operations.

PROPERTY_AND_EQUIPMENT

PROPERTY AND EQUIPMENT	3 Months Ended
	Sep. 30, 2014
PROPERTY AND EQUIPMENT	'
PROPERTY AND EQUIPMENT	'
	NOTE 2 – PROPERTY AND EQUIPMENT
	Property and equipment consisted of the following:
		Estimated life	September 30,			June 30,
			2014			2014
	Demonstration equipment	5 years		51,494			51,494
	Furniture and fixtures	5 years		7,747			7,747
	Computer equipment	3 years		3,600			3,600
	Warehouse equipment	3 years		900			900
	Less: Accumulated depreciation			(17,437	)		(14,100	)
			$	46,304		$	49,641
	For the three months ended September 30, 2014 and 2013, depreciation expense amounted to $3,337 and $1,996, respectively.

NOTES_PAYABLE

NOTES PAYABLE	3 Months Ended
	Sep. 30, 2014
Notes Payable [Abstract]	'
NOTES PAYABLE	'
	NOTE 3 – NOTES PAYABLE
	Convertible notes payable – related party
	In March 2014 prior to the recapitalization, AGT Subsidiary issued 3% convertible promissory notes in the aggregate principal amount of $100,000 to two affiliates of AGT Subsidiary in payment of advances made in January 2014 and February 2014. Additionally, the note holders are majority stockholders of the Company. These notes were to mature on June 30, 2014 but have been extended to December 31, 2014, and are convertible at any time at either the option of the holder or AGT Subsidiary into shares of AGT Subsidiary’s common stock at a conversion price of $0.40 per share. Following the closing of the recapitalization on March 19, 2014, by the terms of the notes these are now convertible into shares of the Company’s common stock at $0.40 per share. At September 30, 2014, the Company had $1,642 in accrued interest on the notes.
	At September 30, 2014, the principal amounts of these notes amounted to $100,000. The Company has determined that there was no beneficial conversion feature associated with these notes as the conversion price of the notes was higher than the fair value of the Company’s common stock based on a sales transaction that occurred in March 2014.
	Promissory notes (including related party)
	Between April 2014 and September 2014, the Company issued 3% promissory notes in the aggregate principal amount of $498,490. One of the note holders is a principal stockholder of the Company. These notes mature on July 1, 2015 and may be prepaid in whole or in part without any penalty. These notes were used for working capital purposes. At September 30, 2014, the Company had $2,997 in accrued interest on these promissory notes.
	Notes payable consisted of the following:
		30-Sep-14	30-Jun-14
	Notes payable – unrelated party	$275,131	$144,960
	Note payable – related party	223,359	144,951
	Total notes payable	$498,490	$289,911

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	NOTE 4 – RELATED PARTY TRANSACTIONS
	Parties are considered to be related to the Company if the parties directly or indirectly, through one or more intermediaries, control, are controlled by, or are under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal when one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. The Company discloses all related party transactions. All transactions shall be recorded at fair value of the goods or services exchanged. Property purchased from a related party is recorded at the cost to the related party and any payment to or on behalf of the related party in excess of the cost is reflected as compensation or distribution to related parties depending on the transaction.
	In January 2013, the Company entered into three independent contractor agreements with Mr. Michael Boyko, the Company’s Chief Executive Officer, Energistics Consulting, LLC, a company owned by the Company’s Chief Operating Officer, and Mr. James Mack (see Note 6).
	In March 2014, AGT Subsidiary issued 3% convertible promissory notes in the aggregate principal amount of $100,000 to two affiliates of AGT Subsidiary in payment of advances made in January 2014 and February 2014. Additionally, one of the note holders is a principal stockholder of the Company (see Note 3).
	Between April 2014 and September 2014, the Company issued a 3% promissory note in the principal amount of $223,359 to a principal stockholder of the Company (see Note 3).
	In September 2014, the Company’s COO provided advances to AGT Subsidiary for working capital purposes for $3,000. The advance was due on demand and interest free.

STOCKHOLDERS_EQUITY

STOCKHOLDER'S EQUITY	3 Months Ended
	Sep. 30, 2014
Stockholders' deficit:	'
STOCKHOLDER'S EQUITY	'
	NOTE 5 – STOCKHOLDER’S DEFICIT
	On August 28, 2014, the Company granted an aggregate of 1,800,000 five year options to purchase shares of common stock under the Company’s 2014 Equity Compensation Plan to three officers of the Company, four employees of the Company and one consultant. The options vest immediately on the date of grant and are exercisable at $0.60 per share. The 1,800,000 options were valued on the grant date at approximately $0.71 per option or a total of $1,278,000 using a Black-Scholes option pricing model with the following assumptions: stock price of $0.80 per share (based on the quoted trading prices on the date of grant), volatility of 135% (based from volatilities of similar companies), expected term of 5 years, and a risk free interest rate of 1.63%. In connection with the stock option grant, the Company recorded stock based compensation and consulting for the three months ended September 30, 2014 of $1,278,000.
	A summary of the stock options and changes during the period are presented below:
		Number of		Weighted		Weighted
		Options		Average Exercise		Average
				Price		Remaining
						Contractual Life
						(Years)
	30-Jun-14		-		-		-
	Granted		1,800,000		0.6		5
	Exercised		-		-		-
	Forfeited		-		-		-
	Cancelled		-		-		-
	Balance outstanding at September 30, 2014		1,800,000	$	0.6		4.9
	Options exercisable at September 30, 2014		1,800,000	$	0.6
	Options expected to vest		-
	Weighted average fair value of options granted during the three months ended September 30, 2014			$	0.71
	Stock options outstanding at September 30, 2014 as disclosed in the above table have no intrinsic value at the end of the period.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Sep. 30, 2014
Commitments And Contingencies	'
COMMITMENTS AND CONTINGENCIES	'
	NOTE 6 – COMMITMENTS AND CONTINGENCIES
	Consulting agreements
	In January 2013, through the Company’s wholly owned subsidiary, AGT entered into three independent contractor agreements with Mr. Michael Boyko, Chief Executive Officer of AGT, Energistics Consulting, LLC, a company owned by the Chief Operating Officer of AGT, and Mr. James Mack. As compensation for their services per the terms of their respective agreements, the Company pays fees to i) Mr. Boyko of $10,000 per month ii) Energistics Consulting, LLC of $8,000 per month and iii) Mr. Mack of $4,000 per month. Additionally, the Company pays reimbursement for out of pocket travel expenses. These agreements contain customary confidentiality provisions and may be terminated by either party upon 30 days notice. Upon the closing of the Share Exchange Agreement, Michael C. Boyko, Ricardo A. Barbosa and James Mack were appointed as the new board of directors and new officers of the Company. Following the closing, Mr. Boyko was also appointed as Chief Executive Officer and President of the Company and Mr. Barbosa was appointed Chief Operating Officer and Secretary of the Company.
	General agreement
	In November 2011, AGT Canada, the Company’s former parent, entered into a general agreement and contract (the “Original Agreement”) with Polarchem Associated Limited, Polarchem International Limited and the shareholders of those companies (collectively the “Polarchem”). The Company was formed to market and sell Polarchem's proprietary technology solutions in North America under the terms of this agreement. AGT Canada agreed to act for Polarchem as its exclusive sales and service distributors in the United States, Canada and Mexico..
	In February 2014 the Company entered into a 30 year license agreement with Polarchem Associated Limited, Polarchem International Limited and the shareholders of those companies granting the Company exclusive rights to the proprietary technology in the United States, Canada and Mexico (the “Territory”) which superseded the Original Agreement dated in November 2011 between AGT Canada and Polarchem. Such license agreement grants the Company the exclusive rights to use Polarchem’s licensed marks, to manufacture and sell their products and to provide the services within the Territory. The Company has been granted the right of first refusal to acquire all the assets of Polarchem as defined in the license agreement.
	Operating lease
	A lease agreement was signed for office and warehousing space consisting of approximately 5,000 square feet located in Mesa, Arizona with an initial term commencing on March 1, 2012 and expiring on March 1, 2015. In May 2014, the Company entered into a lease amendment whereby 600 plus square feet of office space has been added into the existing lease premises and extending the lease term up to February 28, 2020. The amended lease requires the Company to pay a monthly base rent of $3,300 plus a pro rata share of operating expenses.
	The base rent is subject to annual increases beginning on March 1, 2015 as defined in the amended lease agreement. Future minimum rental payments required under this operating lease are as follows:
		Total		1 year		1-3 years		3-5 years		5+ years
	Operating lease	$	239,700	$	29,900	$	130,600	$	79,200		-
	Total	$	239,700	$	29,900	$	130,600	$	79,200	$	-
	Rent expense was $10,583 and $11,462 for the three months ended September 30, 2014 and 2013, respectively.
	Joint Venture Agreement
	On July 22, 2014 the Company entered into a Joint Venture Agreement with Soft Wave. Under the terms of this agreement, the parties agreed to undertake a joint venture which would have permitted the Company to research and develop, manufacture, market and service certain of the Soft Wave technology related to an apparatus for generating a multi-vibrational field in worldwide residential, commercial and industrial markets including energy and power generation, petroleum and petrochemical, mining and mineral processing.
	The Company was required to make an initial cash contribution of $25,000 to the joint venture, as well as up to $50,000 for the design, development and construction of new power plant cooling tower system. The Company was also required to provide any necessary ongoing funding until such time as the joint venture has sufficient funds from cash flows to operate. Soft Wave was to receive a draw of $20,000 per month against future earnings. The profits and losses of the joint venture were to be split at 50%/50% by the Company and Soft Wave. Since entering into this agreement, the Company has incurred demonstration expenses of approximately $40,000 during the three months ended September 30, 2014 which has been included in marketing, selling and advertising expenses.
	The term of the joint venture was to continue until the earlier of: (i) the dissolution upon the mutual consent of the parties; (ii) the termination under the terms of the Joint Venture Agreement; (iii) at such time as the parties agree to modify the terms whereby Soft Wave would receive shares of the Company’s common stock or royalty payments, or (iv) if there are $1 million in sales within 18 months from the date of the agreement. The Joint Venture Agreement also contained customary mutual indemnification provisions, as well as a confidentiality, non-compete and non-circumvention provision.
	In lieu of pursuing the relationship with Soft Wave under the joint venture structure, the Company entered into an Asset Purchase Agreement on October 31, 2014 (see Note 7).
	Patent Assignment
	In July 2014, Gary Dean Wilson and Michael Dean Brown, the inventors of certain patented technology used by Soft Wave, assigned all of their rights, title and interest in and to that certain U.S. Patent No. 8,477,003, Serial No. 13/262.227 for apparatus for generating a multi-vibrational field to the Company in exchange for the payment of royalties. In September 2014, the Company agreed to pay a royalty of an aggregate of 5% to Mr. Wilson and Mr. Brown based on annual gross sales income related to the patent. Payment of royalty shall be on the 15th of the month following the receipt of the associated sales. The royalty shall have a maximum payout of $20 million. Currently, both parties are re-negotiating the payment terms of the royalty. Mr. Wilson was also the president of Soft Wave.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	NOTE 7 – SUBSEQUENT EVENTS
	On October 1, 2014 Ms. Carrie Borgen was appointed Chief Financial Officer of the Company. As compensation for her services, the Company agreed to pay Ms. Borgen a salary of $12,000 per month. The Company also granted her 300,000 five year options to purchase shares of common stock under the Company’s 2014 Equity Compensation Plan. The options vest immediately on the date of grant and are exercisable at $0.70 per share. The 300,000 options were valued on the grant date at approximately $0.61 per option or a total of $183,000 using a Black-Scholes option pricing model with the following assumptions: stock price of $0.70 per share (based on the quoted trading price on the date of grant), volatility of 132% (based from volatilities of similar companies), expected term of 5 years, and a risk free interest rate of 1.69%.
	In lieu of pursuing the relationship with Soft Wave under the joint venture structure (see Note 6), on October 31, 2014 AGT Soft Wave, Inc. (“AGT Soft Wave”), a newly formed Nevada corporation that is a wholly-owned subsidiary of the Company, acquired certain assets from Soft Wave Innovations, Inc., an Arizona corporation (“Soft Wave”), in exchange for 775,000 shares of the Company’s common stock valued at $767,250 or $0.99 per share under the terms of an asset purchase agreement (the “Asset Purchase Agreement”) by and among the Company, AGT Soft Wave and Soft Wave. The fair value of the shares of the common stock were based on the quoted trading price on the date of grant. The assets that were acquired included customer contracts, trade names, inventory, tools and parts, and demonstration contracts related to the prior joint venture with Soft Wave. The Asset Purchase Agreement is being accounted for as an acquisition of a business rather than an acquisition of assets pursuant to Financial Accounting Standards Board Accounting Standards Codification 805-50-30 “Business Combinations”. The Company accounted for the acquisition utilizing the purchase method of accounting in accordance with ASC 805 “Business Combinations”. Accordingly, the Company will apply push -down accounting and adjust to fair value all of the assets acquired directly on the financial statements of AGT Soft Wave, the newly formed subsidiary.
	On November 1, 2014, the Company sold 400,000 shares of the Company’s common stock and received net proceeds of $200,000 or $0.50 per share.

ORGANIZATION_AND_SUMMARY_OF_SI1

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Sep. 30, 2014
Accounting Policies (Policies)	'
Nature of Business	'
	Nature of Business
	America Greener Technologies Inc.’s (formerly Osler Incorporated) (the “Company”) principal business is focused on marketing and selling Polarchem’s proprietary technology solutions in North America. The Company has a license agreement with Polarchem, a related party, to sell Polarchem’s products (see Note 6). The Company’s primary product is AGT Polarchem chemistry that allows online cleaning of boiler tube and heat transfer surfaces to provide boiler optimization and combustion efficiency to a wide variety of customers including coal fired power plants, petroleum refineries, waste to energy facilities, biomass combustion processes, incinerators, fuel oil burners, naval vessels and other similar combustion processes. AGT Subsidiary (as hereinafter defined) was a former subsidiary of America Greener Technologies Corporation, a British Columbia company (“AGT Canada”).
Recapitalization	'
	Recapitalization
	On February 25, 2014, America Greener Technologies Corporation, a private Arizona corporation (“AGT Subsidiary”), which is the historical business, entered into a Share Exchange Agreement with the Company and the shareholders of AGT Subsidiary whereby the Company agreed to acquire all of the issued and outstanding capital stock of AGT Subsidiary in exchange for 15,000,000 shares of the Company’s common stock. On March 19, 2014 the transaction closed and AGT Subsidiary is now a wholly-owned subsidiary of the Company. Prior to the acquisition of AGT Subsidiary, the Company was a shell company.
	At closing, the Company issued 15,000,000 shares of its common stock to the shareholders of AGT Subsidiary who obtained approximately 86% voting control and management control of the Company. The transaction was accounted for as a reverse acquisition and recapitalization of AGT Subsidiary whereby AGT Subsidiary is considered the acquirer for accounting purposes. The consolidated financial statements after the acquisition include the balance sheets of both companies at historical cost, the historical results of AGT Subsidiary and the results of the Company from the acquisition date. All share and per share information in the accompanying consolidated financial statements and footnotes has been retroactively restated to reflect the recapitalization (see Note 5).
Basis of presentation and going concern	'
	Basis of presentation and going concern
	The consolidated financial statements are prepared in accordance with generally accepted accounting principles in the United States of America ("US GAAP") and the rules and regulations of the U.S Securities and Exchange Commission for Interim Financial Information. All intercompany transactions and balances have been eliminated. All adjustments (consisting of normal recurring items) necessary to present fairly the Company's financial position as of September 30, 2014, and the results of operations and cash flows for the three months ended September 30, 2014 have been included. The results of operations for the three months ended September 30, 2014 are not necessarily indicative of the results to be expected for the full year. The consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto for the year ended June 30, 2014, which are contained in the Company's Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on September 25, 2014. The consolidated balance sheet as of June 30, 2014 was derived from those financial statements.
	As reflected in the accompanying financial statements, the Company has a net loss and net cash used in operations of $1,593,465 and $288,785, respectively, for the three months ended September 30, 2014.  Additionally the Company has accumulated deficit of $3,192,297 at September 30, 2014. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. The Company’s ability to raise additional capital through the future issuances of common stock is unknown. The obtainment of additional financing, the successful development of the Company’s contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations.
	Uncertainty regarding these matters, raises substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.  While the Company believes in the viability of its strategy to generate revenues, there can be no assurances to that effect.
Use of estimates	'
	Use of estimates
	The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, expenses, and the related disclosures at the date of the financial statements and during the reporting period. Actual results could materially differ from these estimates. Significant estimates include the valuation of deferred tax assets, stock based compensation and the useful life of property and equipment.
Cash and cash equivalents	'
	Cash and cash equivalents
	The Company considers all highly liquid debt instruments and other short-term investments with maturity of three months or less, when purchased, to be cash equivalents.  The Company maintains cash and cash equivalent balances at one financial institution that is insured by the Federal Deposit Insurance Corporation. The Company’s account at this institution is insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000. As of September 30, 2014, the Company has not reached bank balances exceeding the FDIC insurance limit. To reduce its risk associated with the failure of such financial institution, the Company evaluates at least annually the rating of the financial institution in which it holds deposits.
Inventory	'
	Inventory
	Inventory, consisting of finished goods related to the Company’s products are stated at the lower of cost or market utilizing the first-in, first-out method.
Prepaid expenses and other current assets	'
	Prepaid expenses and other current assets
	Prepaid expenses and other current assets of $10,259 and $29,888 at September 30, 2014 and June 30, 2014, respectively, consist primarily of costs paid for future services which will occur within a year. Prepaid expenses include prepayments in cash for prepaid consulting fees and prepaid insurance which are being amortized over the terms of their respective agreements.
Fair value measurements and fair value of financial instruments	'
	Fair value measurements and fair value of financial instruments
	Fair value is the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants. The Company classifies assets and liabilities recorded at fair value under the fair value hierarchy based upon the observability of inputs used in valuation techniques.  Observable inputs (highest level) reflect market data obtained from independent sources, while unobservable inputs (lowest level) reflect internally developed market assumptions.
	The fair value measurements are classified under the following hierarchy:
		•	Level 1—Observable inputs that reflect quoted market prices (unadjusted) for identical assets and liabilities in active markets;
		•	Level 2—Observable inputs, other than quoted market prices, that are either directly or indirectly observable in the marketplace for identical or similar assets and liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities; and
		•	Level 3—Unobservable inputs that are supported by little or no market activity that is significant to the fair value of assets or liabilities.
	The estimated fair value of certain financial instruments, including cash and cash equivalents, prepaid expenses and accounts payable are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments.
Property and equipment	'
	Property and equipment
	Property and equipment are carried at cost less accumulated depreciation.  Depreciation is computed using the straight-line method over the estimated useful lives of the assets. The cost of repairs and maintenance is expensed as incurred; major replacements and improvements are capitalized.  When assets are retired or disposed of, the cost and accumulated depreciation are removed, and any resulting gains or losses are included in the consolidated statement of operations.
Trademark	'
	Trademark
	Legal costs associated with serving and protecting the Company’s trademark are being capitalized. During the period from February 14, 2012 (inception) to December 31, 2012, the Company filed a trademark for its company logo. In accordance with Accounting Standards related to “Goodwill and Other Intangible Assets”, the Company does not amortize its trademark determined to have an indefinite useful life. Instead, the Company assesses its indefinite-life trademark for impairment annually and when circumstances indicate that the carrying value may not be recoverable.
Impairment of long-lived assets	'
	Impairment of long-lived assets
	The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair value and its book value. The Company did not consider it necessary to record any impairment charges during the three months ended September 30, 2014 and 2013 respectively.
Revenue recognition	'
	Revenue recognition
	The Company follows the guidance of the FASB ASC 605-10-S99 “Revenue Recognition Overall – SEC Materials”. The Company records revenue when persuasive evidence of an arrangement exists, product delivery has occurred, the sales price to the customer is fixed or determinable, and collectability is reasonably assured.
	The following policies reflect specific criteria for the various revenues streams of the Company:
	Revenue from the sale of the Company’s Polarchem’s solution and products are recognized upon delivery to and acceptance by the customers.
	Revenue for equipment installation and cleaning services is recognized upon completion of the installation and cleaning services.
	Revenue for services performed such as consulting and optimization services are recognized when services have been rendered.
Cost of Sales	'
	Cost of Sales
	The primary components of cost of sales include the cost of the product, shipping costs, and installation/labor cost.
Concentration of Supplier	'
	Concentration of Supplier
	The Company purchases substantially all of its products from Polarchem which has manufacturing companies located in India and the UK (see Note 4 and 6).
Income taxes	'
	Income taxes
	The Company accounts for income taxes pursuant to the provision of ASC 740-10, “Accounting for Income Taxes” which requires, among other things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which management believes it is more likely than not that the net deferred asset will not be realized.
	The Company follows the provision of the ASC 740-10 related to Accounting for Uncertain Income Tax Positions. When tax returns are filed, some positions taken may be sustained upon examination by the taxing authorities, while others may be subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. The Company has filed its 2013 income tax return which remains subject to IRS examination.
Stock-based compensation	'
	Stock-based compensation
	Stock-based compensation is accounted for based on the requirements of the Share-Based Payment Topic of ASC 718 which requires recognition in the consolidated financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the period the employee or director is required to perform the services in exchange for the award (presumptively, the vesting period). The ASC also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award.  The Company recognizes compensation on a straight-line basis over the requisite service period for each award.  There were 1,800,000 options and no options outstanding as of September 30, 2014 and 2013, respectively. The Company accounts for non-employee stock-based awards in accordance with the measurement and recognition criteria under ASC Topic 505-50.
	Pursuant to ASC Topic 505-50, for share-based payments to consultants and other third-parties, compensation expense is determined at the “measurement date.” The expense is recognized over the vesting period of the award. Until the measurement date is reached, the total amount of compensation expense remains uncertain. The Company initially records compensation expense based on the fair value of the award at the reporting date.
Marketing, selling and advertising	'
	Marketing, selling and advertising
	Marketing, selling and advertising are expensed as incurred. For the three months ended September 30, 2014 and 2013, such expenses were $55,124 and $31,583, respectively.
Net loss per share of common stock	'
	Net loss per share of common stock
	Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares during the period. Diluted net loss per share is computed using the weighted average number of common shares and potentially dilutive securities outstanding during the period. At September 30, 2014 and 2013, the Company has 2,050,000 and – 0 - potentially dilutive securities outstanding, respectively, in connection with the convertible notes (see Note 3) and stock options.
Recent accounting pronouncements	'
	Recent accounting pronouncements
	Accounting standards which were not effective until after September 30, 2014are not expected to have a material impact on the Company’s financial position or results of operations.

PROPERTY_AND_EQUIPMENT_Tables

PROPERTY AND EQUIPMENT (Tables)	3 Months Ended
	Sep. 30, 2014
Property And Equipment Tables	'
Property and Equipment	'
	Property and equipment consisted of the following:
		Estimated life	September 30,			June 30,
			2014			2014
	Demonstration equipment	5 years		51,494			51,494
	Furniture and fixtures	5 years		7,747			7,747
	Computer equipment	3 years		3,600			3,600
	Warehouse equipment	3 years		900			900
	Less: Accumulated depreciation			(17,437	)		(14,100	)
			$	46,304		$	49,641

NOTES_PAYABLE_Tables

NOTES PAYABLE (Tables)	3 Months Ended
	Sep. 30, 2014
Notes Payable Tables	'
Notes payable	'
	Notes payable consisted of the following:
		30-Sep-14	30-Jun-14
	Notes payable – unrelated party	$275,131	$144,960
	Note payable – related party	223,359	144,951
	Total notes payable	$498,490	$289,911

STOCKHOLDERS_DEFICIT_Tables

STOCKHOLDER'S DEFICIT (Tables)	3 Months Ended
	Sep. 30, 2014
Stockholders Deficit Tables	'
Stock options	'
	A summary of the stock options and changes during the period are presented below:
		Number of		Weighted		Weighted
		Options		Average Exercise		Average
				Price		Remaining
						Contractual Life
						(Years)
	30-Jun-14		-		-		-
	Granted		1,800,000		0.6		5
	Exercised		-		-		-
	Forfeited		-		-		-
	Cancelled		-		-		-
	Balance outstanding at September 30, 2014		1,800,000	$	0.6		4.9
	Options exercisable at September 30, 2014		1,800,000	$	0.6
	Options expected to vest		-
	Weighted average fair value of options granted during the three months ended September 30, 2014			$	0.71

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Sep. 30, 2014
Commitments And Contingencies Tables	'
Minimum Rental Payments	'
	The base rent is subject to annual increases beginning on March 1, 2015 as defined in the amended lease agreement. Future minimum rental payments required under this operating lease are as follows:
		Total		1 year		1-3 years		3-5 years		5+ years
	Operating lease	$	239,700	$	29,900	$	130,600	$	79,200		-
	Total	$	239,700	$	29,900	$	130,600	$	79,200	$	-

ORGANIZATION_AND_SUMMARY_OF_SI2

ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Organization And Summary Of Significant Accounting Policies Details	'	'	'
Net loss	($1,593,465)	($168,448)	'
Net cash used in operations	288,785	'	'
Accumulated deficit	-3,192,297	'	-1,598,832
Prepaid expenses and other current assets	10,259	'	29,888
Marketing, selling and advertising expenses	$55,124	$31,583	'

PROPERTY_AND_EQUIPMENT_Details

PROPERTY AND EQUIPMENT (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2014
			Demonstration Equipment	Furniture And Fixtures	Computer Equipment	Warehouse Equipment
Estimated life	'	'	'5 years	'5 years	'3 years	'3 years
Demonstration equipment	$51,494	$51,494	'	'	'	'
Furniture and fixtures	7,747	7,747	'	'	'	'
Computer equipment	3,600	3,600	'	'	'	'
Warehouse equipment	900	900	'	'	'	'
Less: Accumulated depreciation	-17,437	-14,100	'	'	'	'
Property and equipment net	$46,304	$49,641	'	'	'	'

PROPERTY_AND_EQUIPMENT_Details1

PROPERTY AND EQUIPMENT (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Property And Equipment Details Narrative	'	'
Depreciation expense	$3,337	$1,996

NOTES_PAYABLE_Details

NOTES PAYABLE (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
Notes Payable Details	'	'
Notes payable - unrelated party	$275,131	$144,960
Note payable - related party	223,359	144,951
Total notes payable	$498,490	$289,911

NOTES_PAYABLE_Details_Narrativ

NOTES PAYABLE (Details Narrative) (USD $)	3 Months Ended
	Sep. 30, 2014	Mar. 31, 2014
Notes Payable Details Narrative	'	'
AGT issued convertible promissory notes in percent	3.00%	3.00%
Convertible promissory notes in the aggregate principal amount	$498,490	$100,000
Common stock at a conversion price per share	'	$0.40
Closing of the recapitalization	19-Mar-14	1-Jul-15
Principal amounts of notes amounted	$100,000	$100,000

STOCKHOLDERS_DEFICIT_Details

STOCKHOLDER'S DEFICIT (Details) (USD $)	3 Months Ended
	Sep. 30, 2014
Number of Options	'
Balance outstanding at June 30. 2014	'
Granted	1,800,000
Exercised	'
Forfeited	'
Cancelled	'
Balance outstanding at September 30, 2014	1,800,000
Options exercisable at September 30, 2014	1,800,000
Options expected to vest	'
Balance outstanding at June 30. 2014	'
Granted	$0.60
Exercised	'
Forfeited	'
Cancelled	'
Balance outstanding at September 30, 2014	$0.60
Options exercisable at September 30, 2014	$0.60
Weighted Average Remaining Contractual Life (Years)	'
Granted	'5 years
Ending Balance	'4 years 10 months 24 days
Weighted average fair value of options granted	$0.71

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Commitments And Contingencies Details	'	'
Future minimum rental payments under operating lease	$239,700	'
Year 1	29,900	'
Year 1-3	130,600	'
Year 3-5	79,200	'
Year 5+	'	'
Rent expense	$10,583	$11,462