Almost Never Films (HLWD) 10-Q 20 Feb 15 2015 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Dec. 31, 2014	Feb. 17, 2015
Document and Entity Information
Entity Registrant Name	Smack Sportswear
Entity Central Index Key	1422768
Amendment Flag	FALSE
Current Fiscal Year End Date	-24
Document Type	10-Q
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		65,803,330

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Jun. 30, 2014
CURRENT ASSETS
Cash	$95,979	$824
Accounts receivable, net of allowance of $90,847 and $63,953 as of December 31, 2014 and June 30, 2014, respectively	13,319	31,078
Advances to suppliers	38,267
Inventories	21,793	25,072
TOTAL CURRENT ASSETS	169,358	56,974
Other assets	8,000	8,000
TOTAL ASSETS	177,358	64,974
CURRENT LIABILITIES
Accounts payable and accrued expenses	339,990	240,128
Payroll and sales taxes payable	272,216	270,664
Advances from officers	166,835	123,200
Notes payable - related parties	19,508	23,308
TOTAL CURRENT LIABILITIES	798,549	657,300
LONG-TERM LIABILITIES
Notes payable - related parties	300,000	280,000
TOTAL LIABILITIES	1,098,549	937,300
SHAREHOLDERS' DEFICIT
Preferred stock, $0.001 par value; 5,000,000 shares authorized Series A Voting Preferred stock, 2,000,000 shares authorized; No shares issued and outstanding
Common stock, $0.001 par value; 70,000,000 shares authorized; 65,803,330 and 55,878,330 shares issued and outstanding	65,803	55,878
Additional paid in capital	1,243,870	948,026
Accumulated deficit	-2,230,864	-1,876,230
TOTAL SHAREHOLDERS' DEFICIT	-921,191	-872,326
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	$177,358	$64,974

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Allowance for doubtful accounts	$90,847	$63,953
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	65,803,330	55,878,330
Common stock, shares outstanding	65,803,330	55,878,330
Series A Voting Preferred stock [Member]
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Income Statement [Abstract]
Sales, related party	$197,352	$418,284	$198,690	$478,472
Sales, other	100,835		153,531
Sales, net	298,187	418,284	352,221	478,472
Cost of Goods Sold	190,869	198,094	218,232	258,868
Gross Profit	107,318	220,190	133,989	219,604
Operating Expenses
Selling, general and administrative expenses	311,163	162,639	473,538	246,199
Income (Loss) from Operations	-203,845	57,551	-339,549	-26,595
OTHER EXPENSES
Interest expense	7,562		15,085
Fair value of beneficial conversion feature		137,667		160,299
Loss on conversion of debt		150,000		150,000
TOTAL OTHER EXPENSES	7,562	287,667	15,085	310,299
NET LOSS	($211,407)	($230,116)	($354,634)	($336,894)
BASIC AND DILUTED LOSS PER SHARE	$0	$0	($0.01)	($0.01)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING BASIC AND DILUTED	61,777,515	49,290,000	59,072,488	44,645,000

Condensed_Consolidated_Stateme1

Condensed Consolidated Statement of Shareholders' Deficit (Unaudited) (USD $)	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Accumulated Deficit
Balance at Jun. 30, 2014	($872,326)		$55,878	$948,026	($1,876,230)
Balance,Shares at Jun. 30, 2014			55,878,330
Common stock issued for cash	195,000		9,750	185,250
Common stock issued for cash, Shares			9,750,000
Fair value of common stock issued for services	25,769		550	25,219
Fair value of common stock issued for services, Shares			550,000
Fair value of common stock issued upon settlement with former officer	50,000		625	49,375
Fair value of common stock issued upon settlement with former officer, Shares			625,000
Cancellation of common stock issued to former officer			-1,000	1,000
Cancellation of common stock issued to former officer, Shares			-1,000,000
Additional stock compensation costs	35,000			35,000
Net loss	-354,634				-354,634
Balance at Dec. 31, 2014	($921,191)		$65,803	$1,243,870	($2,230,864)
Balance,Shares at Dec. 31, 2014			65,803,330

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	($354,634)	($336,894)
Adjustments to reconcile net loss to net cash used in operating activities
Debt discount and beneficial conversion expense		160,299
Loss on conversion of debt		150,000
Fair value of common stock issued for services	25,769	25,000
Fair value of common stock issued upon settlement with former officer	50,000
Additional stock compensation costs	35,000
Provision for doubtful accounts	26,895
(Increase) Decrease in:
Accounts receivable	-9,135	-88,806
Advances to suppliers	-38,267
Inventories	3,279	-155,249
Due from related party		1,740
Other assets		-8,000
Increase (Decrease) in:
Accounts payable and accrued expenses	99,862	196,789
Payroll and sales taxes payable	1,552	-293
Advances from officers	43,635
NET CASH USED IN OPERATING ACTIVITIES	-116,045	-55,414
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from promissory notes payable - related party	20,000
Repayment of notes payable - related party	-3,800
Proceeds from issuance of common stock	195,000
Short-term loans		53,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	211,200	53,000
NET INCREASE (DECREASE) IN CASH	95,155	-2,414
CASH BEGINNING OF PERIOD	824	2,414
CASH END OF PERIOD	95,979
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest paid
Taxes paid

Basis_of_Presentation

Basis of Presentation	6 Months Ended
	Dec. 31, 2014
Basis of Presentation [Abstract]
BASIS OF PRESENTATION	1.	BASIS OF PRESENTATION
	The accompanying unaudited condensed consolidated financial statements of Smack Sportswear, Inc. and Subsidiary (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all normal recurring adjustments considered necessary for a fair presentation have been included.  Operating results for the six months ended December 31, 2014 are not necessarily indicative of the results that may be expected for the year ending June 30, 2015.  For further information refer to the financial statements and footnotes thereto included in the Company's Form 10-K for the year ended June 30, 2014.
	History and Organization
	SMACK Sportswear, Inc. (“SMACK”) was originally incorporated in Nevada in October 2007 as Reshoot Production Company (“Reshoot”), which was incorporated as a subsidiary of Reshoot & Edit, a Nevada corporation. In September 2011, Reshoot entered into an Irrevocable Business Sales Agreement with Team Sports Superstore, Inc. (“TSS”) to buy 100 percent of the outstanding shares of TSS (owned by one individual). On the same date, the majority owner of Reshoot entered into a Stock Value Agreement in which he agreed to transfer 29 million of his personal shares to TSS in exchange for 100 percent of its outstanding stock. At the time of the agreement, Reshoot had 40 million shares outstanding. The sale of the shares to TSS represented approximately 72 percent of the outstanding shares of Reshoot. In December 2011, Reshoot changed its corporate name from Reshoot Production Company to SMACK Sportswear. In December 2012, SMACK closed the purchase of TSS (“TSS Closing”).
	At the TSS Closing, (i) TSS was merged with and into SMACK; (ii) TSS became SMACK’s wholly-owned subsidiary; (iii) all of TSS’s shares outstanding prior to the TSS Merger were exchanged for comparable securities of SMACK; and (iv) 72 percent of SMACK’s fully-diluted shares were owned by TSS’s former shareholder. At the TSS Closing, SMACK issued a total of 29 million shares of its common stock to TSS’s former shareholder, in exchange for the 40 million shares of TSS’s common stock outstanding prior to the TSS Merger. Upon the effectiveness of the TSS Merger, 11 million shares of SMACK’s common stock were maintained by its existing stockholders.
	Since the former holder of TSS’s common stock owned, after the Merger, approximately 72% of SMACK’s shares of common stock, and as a result of certain other factors, including that the former Chief Executive Officer (CEO) of TSS was the CEO of SMACK, TSS is deemed to be the acquiring company for accounting purposes and the Merger was accounted for as a reverse merger and a recapitalization in accordance with generally accepted accounting principles in the United States (“GAAP”).  These consolidated financial statements reflect the historical results of TSS prior to the merger and that of the combined company following the Merger, and do not include the historical financial results of Reshoot prior to the completion of the merger.
	Overview of Business
	SMACK is a Southern California based manufacturer of performance and lifestyle based indoor and sand volleyball apparel and accessories. The Smack brand was founded in 1994 on the sands of Manhattan Beach, California. Throughout our history, Smack has worked with some of the leading professional beach players, as well as a select group of elite indoor junior volleyball clubs. Our products have been featured in Volleyball Magazine, DiG Magazine, Coaching Volleyball magazine, and featured in ABC’s hit show “The Bachelor”. Smack has also served as the official apparel of the AVP, USA Beach Volleyball, and NVL.
	Our core business is performance and lifestyle volleyball Smack branded products. Volleyball continues to experience a sustained growth rate across all age groups, with high school participation rates increasing for 24 consecutive years. Sand volleyball has maintained a steady growth rate across both core and casual participants, and represents the fastest growing sport at the NCAA level, which will serve as an accelerant the growth of the sport at the youth and high school levels.
	Going Concern
	The accompanying condensed consolidated financial statements have been prepared on a going concern basis of accounting, which contemplates continuity of operations, realization of assets and liabilities and commitments in the normal course of business.  The accompanying condensed consolidated financial statements do not reflect any adjustments that might result if the Company is unable to continue as a going concern. During the six months ended December 31, 2014, the Company incurred a net loss of $354,634 and cash used in operating activities was $116,045, and as of that date, is delinquent in payments of $272,216 for payroll and sales taxes.  As of December 31, 2014, the Company had a working capital deficiency and a shareholders’ deficit of $629,191 and $921,191, respectively, and as of that date, $75,727 of the Company’s accounts payable was greater than 90 days past due. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. Our independent auditor, in their report on our audited financial statements for the year ended June 30, 2014, expressed substantial doubt about our ability to continue as a going concern.
	The ability of the Company to continue as a going concern and appropriateness of using the going concern basis is dependent upon, among other things, additional cash infusion. During the six months ended December 31, 2014, the Company has obtained $20,000 from its debt holders and $195,000 from the initiation of a Private Placement Memorandum (PPM). Management anticipates the Company will raise additional funding from the PPM. Management believes this funding will continue from its current investors and the Company will also obtain funding from new investors. Management believes the existing shareholders, the prospective new investors and future sales will provide the additional cash needed to meet the Company’s obligations as they become due, and will allow the development of its core business operations. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stock holders, in case of equity financing.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Polices [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICES	2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICES
	Basis of Consolidation
	The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Team Sports Superstore. Intercompany transactions and balances have been eliminated in consolidation.
	Revenue Recognition
	The Company recognizes revenue upon shipment of the Company’s products to its customers, provided that evidence of an arrangement exists, title and risk of loss have passed to the customer, fees are fixed or determinable, and collection of the related receivable is reasonably assured. Management assesses the business environment, the customer's financial condition, historical collection experience, accounts receivable aging and customer disputes to whether collectibility is reasonably assured. If collectibility is not considered reasonably assured at the time of sales, the company does not recognize revenue until collection occurs. Title to the Company’s products is transferred to the customer once the product is shipped from the Company’s warehouse. Products are not shipped until there is a purchase agreement signed by the customer with a specified payment arrangement.  The Company’s sales are primarily customized, made to order apparel, where after a deposit is made there are no refunds after the customer has committed to the sale through a signed contract. Therefore, the company has not recorded an allowance for returned products.
	Loss per Share Calculations
	Basic earnings per share are computed by dividing income available to common shareholders by the weighted-average number of common shares available. Diluted earnings per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. The Company’s diluted loss per share is the same as the basic loss per share for the three and six months ended December 31, 2014 and 2013, as the inclusion of any potential shares would have had an anti-dilutive effect due to the Company generating a loss.
	Concentration of sales and accounts receivable
	For the six months ended December 31, 2014, the Company sold $198,360 of its products to a company owned by the Company’s former Chief Executive Officer (CEO) and a current member of the Board of Directors (see Note 4). This amount represented 56% of the Company’s sales during six months ended December 31, 2014. There were no other customers with sales representing more than 10% of the Company’s total sales during this period. At December, 31, 2014, there was one customer with an accounts receivable balance that represented 51% of the Company’s total accounts receivable.
	Use of Estimates
	The preparation of the condensed 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 and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates are used in valuing our allowances for doubtful accounts, inventory valuations, convertible notes, fair value of common stock issued upon settlement of accounts payable and fair value of common stock issued for services, among others. Actual results could differ from these estimates.
	Inventories
	Inventories are stated at the lower of cost or market. Cost is computed on a first-in, first-out basis. The Company’s inventories consist of finished goods as of December 31, 2014 and June 30, 2014.
	Fair Value of Financial Instruments
	The Fair Value of Financial Instruments requires disclosure of fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of December 31, 2014, the balances reported for cash, accounts receivable, inventory, accounts payable and accrued expenses approximate their fair value because of their short maturities. Debt balances are stated at historical amounts less principal payments, which approximate fair market value. The Company believes interest rates in its debt agreements are commensurate with lender risk profiles for similar companies.
	Recently Issued Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360). This guidance amends the requirements for reporting for discontinued operations and requires additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic shift in operations or that have a major effect on the Company’s operations and financial results should be presented as discontinued operations. This guidance is effective for annual periods beginning after December 15, 2014. The Company does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements.
	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09 (ASU 2014-09), Revenue from Contracts with Customers. ASU 2014-09 will eliminate transaction- and industry-specific revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for reporting periods beginning after December 15, 2016, and early adoption is not permitted. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Management is currently assessing the impact the adoption of ASU 2014-09 and has not determined the effect of the standard on our ongoing financial reporting.
	In August 2014, the FASB issued Accounting Standards Update No. 2014-15 (ASU 2014-15), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted.
	In November 2014, the FASB issued Accounting Standards Update No. 2014-16 (ASU 2014-16), Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity.   The amendments in this ASU do not change the current criteria in U.S. GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required.  The amendments clarify that an entity should consider all relevant terms and features, including the embedded derivative feature being evaluated for bifurcation, in evaluating the nature of the host contract.  The ASU applies to all entities that are issuers of, or investors in, hybrid financial instruments that are issued in the form of a share and is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015.  Early adoption is permitted.
	Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.

Notes_Payable_and_Other_Debt_t

Notes Payable and Other Debt to Related Parties	6 Months Ended
	Dec. 31, 2014
Notes Payable and Other Debt to Related Parties [Abstract]
NOTES PAYABLE AND OTHER DEBT TO RELATED PARTIES	3.	NOTES PAYABLE AND OTHER DEBT TO RELATED PARTIES
	Notes payable and other debt to related parties consist of the following as of December 31, 2014 and June 30, 2014:
				December 31, 2014			30-Jun-14
				(Unaudited)
		Loan payable – related party (a)		$	19,508		$	19,508
		Note payable (b)			-			3,800
		Unsecured promissory note (c)			150,000			130,000
		Unsecured promissory note (d)			150,000			150,000
					319,508			303,308
		Less: Current portion			(19,508	)		(23,308	)
		TOTAL		$	300,000		$	280,000
		a.	As of June 30, 2014, the Company had a loan payable to family member of the former CEO in the amount of $19,508. The loan is unsecured, non-interest bearing and due upon demand. As of December 31, 2014, the balance of the loan remained at $19,508.
		b.	As of June 30, 2013, the Company had advances from an individual which amounted to $14,000. In February 2014, the advance amount, plus one time interest of $5,000, was converted into a short-term note payable. The note called for the Company to make five $3,800 payments beginning in March 2014 and ending in July 2014. At June 30, 2014, the outstanding balance of the short-term note was $3,800. During the six months ended December 31, 2014, the note was fully repaid and no amounts were outstanding at December 31, 2014.
		c.	In February 2014, the Company entered into an unsecured promissory note agreement with a shareholder. The agreement allows for the Company to borrow up to $150,000 at an interest rate of 10 percent per year, of which $80,000 was advanced at closing. A balance of $130,000 was owed under the agreement as of June 30, 2014. During the six months ended December 31, 2014, the Company borrowed an additional $20,000 on the note. As of December 31, 2014, the outstanding balance of the note was $150,000. The outstanding principal amount and all accrued and unpaid interest is due by December 2016.
		d.	In February 2014, the Company entered into an unsecured promissory note agreement. The agreement allows for the Company to borrow up to $150,000 at an interest rate of 10 percent per year. The outstanding balance under the agreement at December 31, 2014 and June 30, 2014 was $150,000, respectively. The outstanding principal amount and all accrued and unpaid interest is due by January 2016.
	For the six months ended December 31, 2014, the Company incurred $15,085 of interest expense relating to the unsecured promissory notes totaling to $300,000. The total amount of accrued interest payable relating to those notes at December 31, 2014 was $24,808.

Related_Party_Transactions

Related Party Transactions	6 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	4.	RELATED PARTY TRANSACTIONS
	In September 2014 (the Effective Date), the Company entered into a mutual release agreement with its former CEO under which the CEO agreed to resign his position and the Company agreed to pay the former officer $3,000 per month commencing as of the Effective Date and ending on the close of business on February 28, 2015. The Parties agreed that the Company’s accrued and unpaid salary obligation owed to the former officer as of the Effective Date was $130,000 and is net of any and all other offsetting obligations owed by the former officer to the Company. Fifty percent of the accrued salary ($65,000) will be converted into the Company’s common stock at any time from the effective date. The conversion price shall be the lower of $0.02 or the same conversion price as the current note holders (see Note 3). In the event that the former CEO is not able to exercise the above accrued salary conversation rights by December 31, 2015, the amount of any such accrued salary obligation will be paid in cash in full by no later than January 15, 2016.
	The remaining fifty percent of the accrued salary obligation ($65,000) will be paid by the Company through cash payment(s) to be made at the earlier of (i) the date of the Company’s closing of the next round of financing (debt or equity) of at least $400,000, in which case the entire then-remaining unpaid portion of $65,000 shall be repaid, or (ii) in the event that the financing does not occur by February 28, 2015 and to the extent that the financing has not occurred subsequent to that date, through payments of $3000 per month commencing on March 1, 2015 and continuing on a monthly basis thereafter until repayment is completed.
	In exchange for the mutual release agreement, the Company is required to pay the former CEO $3,000 a month commencing on the effective date and ending on February 28, 2015.
	Any and all obligations not paid by the Company per the agreement (and exclusive of the accrued salary obligation), as well as loans by the former CEO to the Company, which total $21,000 as of the Effective Date, shall be repaid by the Company by January 31, 2015 or earlier based on the occurrence of certain events.
	As of June 30, 2014, the Company determined it owed $121,000 to the former officer under the mutual release agreement.
	During the six months ended December 31, 2014, the Company accrued an additional $39,000 and paid $17,300 under the former CEO’s mutual release agreement. As of December 31, 2014, a total of $142,700 was owed under the agreement and is included in Advances from Former Officers on the accompanying December 31, 2014 condensed consolidated Balance Sheet.
	Concurrently to the mutual release agreement, the former officer entered into an independent sales agent/team dealer agreement (dealer agreement) with the Company to sell the Company’s products. In accordance with the dealer agreement, the former CEO is required to prepay in full all sales orders with the Company prior to delivery of the goods. During the six months ended December 31, 2014, the Company sold $198,690 to the former CEO’s new company. As of December 31, 2014, the Company’s advances from former CEO related to pending sales orders with the Company amounted to $24,135 and is included in Advances from Officers on the accompanying December 31, 2014 condensed consolidated Balance Sheet.
	The Company also owed $2,200 to another officer for personal loans to the Company. During the six months ended December 31, 2014, the Company fully paid the balance owed to the officer.

Capital_Stock

Capital Stock	6 Months Ended
	Dec. 31, 2014
Capital Stock [Abstract]
CAPITAL STOCK	5	CAPITAL STOCK
	On July 21, 2014, the Company entered into a service agreement with Mr. Christopher Jenks to serve as a member of the Board of Directors for one year. As compensation, Mr. Jenks will receive up to 750,000 shares of its common stock valued at $15,000. The stock vests 200,000 shares on December 1, 2014; 200,000 shares on March 1, 2015; and 350,000 shares on August 15, 2015. Mr. Jenks was subsequently appointed as the Company’s Chief Executive Officer. During the six months ended December 31, 2014, 200,000 shares valued at $6,269 vested and were issued to Mr. Jenks for his services. As of December 31, 2014, $8,731 of the award remains unvested and will be amortized over the remaining vesting period.
	During the six month ended December 31, 2014, the Company issued 350,000 shares of its common stock to its Chief Financial Officer under the terms of his service agreement valued at$19,500.
	During the six months ended December 31, 2014, the Company sold 9,750,000 shares of its common stock at the price of $0.02 per share through its private placement memorandum. Gross proceeds from the issuance were $195,000. In connection with the financing, 2,500,000 shares were sold to the Company’s Chief Executive Officer (CEO) for cash at $0.02 per share. The market value of the stock at issuance was $0.03 per share. The difference in price of $25,000 between the market value of the stock and the cash value was recorded as additional compensation to the CEO during the six months ended December 31, 2014.
	On December 29, 2014, the Company entered into a settlement and mutual release agreement (the “Agreement”) with its former CFO to settle the claims filed by the former CFO. Under the agreement, among others, the Company issued a total of 625,000 shares common stock valued at $50,000. The Agreement also required the former CFO to return for cancellation the 1,000,000 shares of common stock previously issued to former CFO. Accordingly, the Company recorded an adjustment to reduce its common stock outstanding as of December 31, 2014.
	In February 2014, the Company entered into an agreement with its President and Director under which the Company agreed to pay him a monthly salary of $7,500. As part of the agreement, the Company’s former CEO agreed to issue the President 500,000 shares of common stock from his personal holdings upon signing of the agreement. The fair value of those shares at the date of grant was $20,000 which the Company accounted for as additional compensation expense and as additional paid in capital contributed by the former CEO in the financial statements for the year ended June 30, 2014. The former CEO also agreed to issue the President an additional 500,000 shares of common stock when corporate mission statement and standard operating procedures are developed and implemented within 180 days from February 2014. The President developed and implemented the mission statements and standard operating procedures timely. As a result, the former CEO issued 500,000 shares to the President from his personal holdings. The fair value of those shares at grant date was $10,000 which the Company accounted for as additional compensation expense and as additional paid in capital contributed by the former CEO in the accompanying condensed interim financial statements for the six months ended December 31, 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2014
Summary of Significant Accounting Polices [Abstract]
Basis of Consolidation	Basis of Consolidation
	The condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Team Sports Superstore. Intercompany transactions and balances have been eliminated in consolidation.
Revenue Recognition	Revenue Recognition
	The Company recognizes revenue upon shipment of the Company’s products to its customers, provided that evidence of an arrangement exists, title and risk of loss have passed to the customer, fees are fixed or determinable, and collection of the related receivable is reasonably assured. Management assesses the business environment, the customer's financial condition, historical collection experience, accounts receivable aging and customer disputes to whether collectibility is reasonably assured. If collectibility is not considered reasonably assured at the time of sales, the company does not recognize revenue until collection occurs. Title to the Company’s products is transferred to the customer once the product is shipped from the Company’s warehouse. Products are not shipped until there is a purchase agreement signed by the customer with a specified payment arrangement.  The Company’s sales are primarily customized, made to order apparel, where after a deposit is made there are no refunds after the customer has committed to the sale through a signed contract. Therefore, the company has not recorded an allowance for returned products.
Loss per Share Calculations	Loss per Share Calculations
	Basic earnings per share are computed by dividing income available to common shareholders by the weighted-average number of common shares available. Diluted earnings per share is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. The Company’s diluted loss per share is the same as the basic loss per share for the three and six months ended December 31, 2014 and 2013, as the inclusion of any potential shares would have had an anti-dilutive effect due to the Company generating a loss.
Concentration of sales and accounts receivable	Concentration of sales and accounts receivable
	For the six months ended December 31, 2014, the Company sold $198,360 of its products to a company owned by the Company’s former Chief Executive Officer (CEO) and a current member of the Board of Directors (see Note 4). This amount represented 56% of the Company’s sales during six months ended December 31, 2014. There were no other customers with sales representing more than 10% of the Company’s total sales during this period. At December, 31, 2014, there was one customer with an accounts receivable balance that represented 51% of the Company’s total accounts receivable.
Use of Estimates	Use of Estimates
	The preparation of the condensed 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 and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates are used in valuing our allowances for doubtful accounts, inventory valuations, convertible notes, fair value of common stock issued upon settlement of accounts payable and fair value of common stock issued for services, among others. Actual results could differ from these estimates.
Inventories	Inventories
	Inventories are stated at the lower of cost or market. Cost is computed on a first-in, first-out basis. The Company’s inventories consist of finished goods as of December 31, 2014 and June 30, 2014.
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	The Fair Value of Financial Instruments requires disclosure of fair value information, whether or not recognized in the balance sheet, where it is practicable to estimate that value. As of December 31, 2014, the balances reported for cash, accounts receivable, inventory, accounts payable and accrued expenses approximate their fair value because of their short maturities. Debt balances are stated at historical amounts less principal payments, which approximate fair market value. The Company believes interest rates in its debt agreements are commensurate with lender risk profiles for similar companies.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements
	In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360). This guidance amends the requirements for reporting for discontinued operations and requires additional disclosures about discontinued operations. Under the new guidance, only disposals representing a strategic shift in operations or that have a major effect on the Company’s operations and financial results should be presented as discontinued operations. This guidance is effective for annual periods beginning after December 15, 2014. The Company does not expect the adoption of this guidance to have a material impact on the Company’s consolidated financial statements.
	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09 (ASU 2014-09), Revenue from Contracts with Customers. ASU 2014-09 will eliminate transaction- and industry-specific revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on the value of transferred goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for reporting periods beginning after December 15, 2016, and early adoption is not permitted. Entities can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. Management is currently assessing the impact the adoption of ASU 2014-09 and has not determined the effect of the standard on our ongoing financial reporting.
	In August 2014, the FASB issued Accounting Standards Update No. 2014-15 (ASU 2014-15), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on determining when and how to disclose going-concern uncertainties in the financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date the financial statements are issued. An entity must provide certain disclosures if conditions or events raise substantial doubt about the entity’s ability to continue as a going concern. The ASU applies to all entities and is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted.
	In November 2014, the FASB issued Accounting Standards Update No. 2014-16 (ASU 2014-16), Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity.   The amendments in this ASU do not change the current criteria in U.S. GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required.  The amendments clarify that an entity should consider all relevant terms and features, including the embedded derivative feature being evaluated for bifurcation, in evaluating the nature of the host contract.  The ASU applies to all entities that are issuers of, or investors in, hybrid financial instruments that are issued in the form of a share and is effective for public business entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015.  Early adoption is permitted.
	Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.

Notes_Payable_and_Other_Debt_t1

Notes Payable and Other Debt to Related Parties (Tables)	6 Months Ended
	Dec. 31, 2014
Notes Payable and Other Debt to Related Parties [Abstract]
Schedule of notes payable and other debt to related parties			December 31, 2014			30-Jun-14
			(Unaudited)
		Loan payable – related party (a)	$	19,508		$	19,508
		Note payable (b)		-			3,800
		Unsecured promissory note (c)		150,000			130,000
		Unsecured promissory note (d)		150,000			150,000
				319,508			303,308
		Less: Current portion		(19,508	)		(23,308	)
		TOTAL	$	300,000		$	280,000

Basis_of_PresentationDetails

Basis of Presentation(Details) (USD $)	3 Months Ended		6 Months Ended		1 Months Ended
Share data in Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2011	Jun. 30, 2014
Organization, Operations And Basis Of Accounting (Textual)
Net loss	($211,407)	($230,116)	($354,634)	($336,894)
Cash used in operating activities			116,045
Delinquent in payments for payroll and sales taxes	272,216		272,216			270,664
Working capital deficiency	629,191		629,191
Gross proceeds from issuance of common stock			195,000
Issuance of Debt			20,000
Accounts payable	75,727		75,727
Shareholders' deficit	($921,191)		($921,191)			($872,326)
Team Sports Superstore, Inc [Member]
Organization, Operations And Basis Of Accounting (Textual)
Outstanding shares, percentage					100.00%
Exchange of ownership percentage					100.00%
Exchange number of outstanding shares					40
Issue of shares to TSS shareholder					29
Holding of shares					11
Percentage sale of outstanding shares					72

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details) (USD $)	6 Months Ended
	Dec. 31, 2014
Summary Of Significant Accounting Polices (Textual)
Sale of goods	$198,360
Concentration risk, percentage	56.00%
Accounts Receivable [Member]
Summary Of Significant Accounting Polices (Textual)
Concentration risk, percentage	51.00%
Number of customer	1
Sales Revenue, Net [Member]
Summary Of Significant Accounting Polices (Textual)
Concentration risk, percentage	10.00%
Number of customer

Notes_Payable_and_Other_Debt_t2

Notes Payable and Other Debt to Related Parties (Details) (USD $)	Dec. 31, 2014		Jun. 30, 2014		Jun. 30, 2013
Notes payable and other debt to related parties:
Loan payable - related party (a)	$19,508	[1]	$19,508	[1]
Note payable (b)		[2]	3,800	[2]	14,000
Unsecured promissory note (c)	150,000	[3]	130,000	[3]
Unsecured promissory note (d)	150,000	[4]	150,000	[4]
Notes payable and other debt to related parties current and noncurrent	319,508		303,308
Less: Current portion	-19,508		-23,308
TOTAL	$300,000		$280,000
[1]	As of June 30, 2014, the Company had a loan payable to family member of the former CEO in the amount of $19,508. The loan is unsecured, non-interest bearing and due upon demand. As of December 31, 2014, the balance of the loan remained at $19,508.
[2]	As of June 30, 2013, the Company had advances from an individual which amounted to $14,000. In February 2014, the advance amount, plus one time interest of $5,000, was converted into a short-term note payable. The note called for the Company to make five $3,800 payments beginning in March 2014 and ending in July 2014. At June 30, 2014, the outstanding balance of the short-term note was $3,800. During the six months ended December 31, 2014, the note was fully repaid and no amounts were outstanding at December 31, 2014.
[3]	In February 2014, the Company entered into an unsecured promissory note agreement with a shareholder. The agreement allows for the Company to borrow up to $150,000 at an interest rate of 10 percent per year, of which $80,000 was advanced at closing. A balance of $130,000 was owed under the agreement as of June 30, 2014. During the six months ended December 31, 2014, the Company borrowed an additional $20,000 on the note. As of December 31, 2014, the outstanding balance of the note was $150,000. The outstanding principal amount and all accrued and unpaid interest is due by December 2016.
[4]	In February 2014, the Company entered into an unsecured promissory note agreement. The agreement allows for the Company to borrow up to $150,000 at an interest rate of 10 percent per year. The outstanding balance under the agreement at December 31, 2014 and June 30, 2014 was $150,000, respectively. The outstanding principal amount and all accrued and unpaid interest is due by January 2016.

Notes_Payable_and_Other_Debt_t3

Notes Payable and Other Debt to Related Parties (Details Textual) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

12 Months Ended

Jul. 31, 2014

Jun. 30, 2014

31-May-14

Apr. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Feb. 28, 2014

Jun. 30, 2014

Jun. 30, 2013

Calls

Calls

Calls

Calls

Calls

Notes payable and other debt to related parties (Textual)

Loan payable to family member of former CEO

$19,508

[1]

$19,508

[1]

$19,508

[1]

$19,508

[1]

Advances received from former CFO

3,800

[2]

[2]

[2]

3,800

[2]

14,000

Short-term note payable

5,000

Notes calls for the Company to make five payments

3,800

3,800

3,800

3,800

3,800

Number of calls declared to make full payment

5

5

5

5

5

Unsecured promissory note

130,000

[3]

150,000

[3]

150,000

[3]

130,000

[3]

Interest expense

7,562

15,085

Accrued interest payable

24,808

24,808

Unsecured promissory notes total

280,000

300,000

300,000

280,000

Unsecured Debt [Member]

Notes payable and other debt to related parties (Textual)

Advances received from former CFO

80,000

Notes payable, interest rate

10.00%

Additional borrowings

20,000

20,000

Maximum borrowing capacity of unsecured debt

150,000

Notes payable, maturity date

31-Dec-16

Notes payable outstanding

150,000

Unsecured Debt One [Member]

Notes payable and other debt to related parties (Textual)

Notes payable, interest rate

10.00%

Maximum borrowing capacity of unsecured debt

150,000

Notes payable, maturity date

31-Jan-16

Notes payable outstanding

$150,000

$150,000

[1]

As of June 30, 2014, the Company had a loan payable to family member of the former CEO in the amount of $19,508. The loan is unsecured, non-interest bearing and due upon demand. As of December 31, 2014, the balance of the loan remained at $19,508.

[2]

As of June 30, 2013, the Company had advances from an individual which amounted to $14,000. In February 2014, the advance amount, plus one time interest of $5,000, was converted into a short-term note payable. The note called for the Company to make five $3,800 payments beginning in March 2014 and ending in July 2014. At June 30, 2014, the outstanding balance of the short-term note was $3,800. During the six months ended December 31, 2014, the note was fully repaid and no amounts were outstanding at December 31, 2014.

[3]

In February 2014, the Company entered into an unsecured promissory note agreement with a shareholder. The agreement allows for the Company to borrow up to $150,000 at an interest rate of 10 percent per year, of which $80,000 was advanced at closing. A balance of $130,000 was owed under the agreement as of June 30, 2014. During the six months ended December 31, 2014, the Company borrowed an additional $20,000 on the note. As of December 31, 2014, the outstanding balance of the note was $150,000. The outstanding principal amount and all accrued and unpaid interest is due by December 2016.

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended
	Feb. 28, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Jun. 30, 2014
Related Party Transactions (Textual)
Officers compensation	$7,500			$17,300
Accrued Salaries		39,000		39,000
Advances from officers		166,835		166,835		123,200
Sales, related party		197,352	418,284	198,690	478,472
Former Officer [Member]
Related Party Transactions (Textual)
Advances from officers						121,000
Outstanding to related partie						2,200
Chief Executive Officer [Member]
Related Party Transactions (Textual)
Officers compensation				3,000
Accrued Salaries		130,000		130,000
Accrued salary converted into common stock, amount				65,000
Debt conversion price		$0.02		$0.02
Payment of accrued salary obligation, description				The remaining fifty percent of the accrued salary obligation ($65,000) will be paid by the Company through cash payment(s) to be made at the earlier of (i) the date of the Company’s closing of the next round of financing (debt or equity) of at least $400,000, in which case the entire then-remaining unpaid portion of $65,000 shall be repaid, or (ii) in the event that the financing does not occur by February 28, 2015 and to the extent that the financing has not occurred subsequent to that date, through payments of $3000 per month commencing on March 1, 2015 and continuing on a monthly basis thereafter until repayment is completed.
Accrued obligations and loans				21,000
Advances from officers		$24,135		$24,135

Capital_Stock_Details

Capital Stock (Details) (USD $)	1 Months Ended	6 Months Ended		0 Months Ended	12 Months Ended	0 Months Ended
	Feb. 28, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 29, 2014	Jun. 30, 2014	Jul. 21, 2014
Capital Stock (Textual)
Common stock issued for services		($25,769)	($25,000)
Salary paid to president and director (monthly)	7,500	17,300
Sale of common stock, share price					$0.02
Private Placement [Member]
Capital Stock (Textual)
Sale of common stock, shares		9,750,000
Sale of common stock, share price		$0.02
Sale of common stock		195,000
Chief Executive Officer [Member]
Capital Stock (Textual)
Salary paid to president and director (monthly)		3,000
Chief Executive Officer [Member] | Private Placement [Member]
Capital Stock (Textual)
Common stock issued for cash, Per Shares		$0.03
Sale of common stock, shares		2,500,000
The difference between market value of the stock and issuance value		25,000
Former CFO [Member]
Capital Stock (Textual)
Common stock issued for services		19,500
Common stock issued for services, Shares		350,000
Common stock issued for cash, Per Shares		$0.02
Sale of common stock, share price		$0.03
Former CFO [Member] | Settlement and Mutual Release Agreement [Member]
Capital Stock (Textual)
Company issued shares of common stock				625,000
Company issued shares of common stock, Value				50,000
President [Member]
Capital Stock (Textual)
Company issued shares of common stock		500,000			500,000
Company issued shares of common stock, Value		10,000			20,000
Cancellation of common stock issued to former officer, Shares		1,000,000
Mr. Christopher Jenks [Member]
Capital Stock (Textual)
Common stock issued for services		6,269				15,000
Common stock issued for services, Shares		200,000				750,000
Compensation award remains unvested		$8,731
Mr. Christopher Jenks [Member] | December 1, 2014 [Member]
Capital Stock (Textual)
Common stock issued for services, Shares						200,000
Mr. Christopher Jenks [Member] | March 1, 2015 [Member]
Capital Stock (Textual)
Common stock issued for services, Shares						200,000
Mr. Christopher Jenks [Member] | August 15, 2015 [Member]
Capital Stock (Textual)
Common stock issued for services, Shares						350,000
Mr. Christopher Jenks [Member] | Service Agreement [Member]
Capital Stock (Textual)
Service agreement, Term						1 year