Changing (CHGT) 10-Q 23 Nov 15 2015 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 30, 2015	Nov. 17, 2015
Document And Entity Information
Entity Registrant Name	CHANGING TECHNOLOGIES, INC.
Entity Central Index Key	1,581,378
Document Type	10-Q
Trading Symbol	CHGT
Document Period End Date	Sep. 30, 2015
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity a Well-known Seasoned Issuer	No
Entity a Voluntary Filer	No
Entity's Reporting Status Current	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		60,000,000
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,015

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Sep. 30, 2015	Jun. 30, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 1,459	$ 1,346
Accounts receivable	100
Total current assets	1,559	$ 1,346
TOTAL ASSETS	1,559	1,346
CURRENT LIABILITIES
Accounts payable and accrued expenses	115,284	$ 224,539
Current portion of accrued interest payable	15,239
Current portion of convertible notes payable, net of discount of $134,744 and $0, respectively	17,646
Total current liabilities	148,169	$ 224,539
Accrued interest payable	12,918	18,004
Convertible notes payable, net of discount of $452,892 and $383,083, respectively	14,146	19,724
TOTAL LIABILITIES	175,233	262,267
STOCKHOLDERS' DEFICIT
Common stock, $0.001 par value; 480,000,000 shares authorized; 60,000,000 shares issued and outstanding at September 30, 2015 and June 30, 2015	60,000	60,000
Preferred stock, $0.001 par value; 20,000,000 shares authorized; 1,000,000 shares issued and outstanding at September 30, 2015 and June 30, 2015	1,000	1,000
Additional paid-in capital	598,428	381,807
Accumulated deficit	(833,102)	(703,728)
Total stockholders' deficit	(173,674)	(260,921)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 1,559	$ 1,346

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($)	Sep. 30, 2015	Jun. 30, 2015
Statement of Financial Position [Abstract]
Convertible notes payable current, discount	$ 134,744	$ 0
Convertible notes payable non-current, discount	$ 452,892	$ 383,083
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, authorized	480,000,000	480,000,000
Common stock, issued	60,000,000	60,000,000
Common stock, outstanding	60,000,000	60,000,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized	20,000,000	20,000,000
Preferred stock, issued	1,000,000	1,000,000
Preferred stock, outstanding	1,000,000	1,000,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Income Statement [Abstract]
REVENUE	$ 100
OPERATING EXPENSES
General and administrative expenses	107,253	$ 96,695
LOSS FROM OPERATIONS	(107,153)	$ (96,695)
OTHER INCOME (EXPENSE)
Interest expense	(22,221)
Total other income (expense)	(22,221)
NET LOSS	$ (129,374)	$ (96,695)
NET LOSS PER COMMON SHARE - Basic and diluted (in dollars per share)	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - Basic and diluted (in shares)	60,000,000	60,000,000

CONSOLIDATED STATEMENT OF CHANG

CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' DEFICIT (UNAUDITED) - 3 months ended Sep. 30, 2015 - USD ($)	Common Stock [Member]	Series E Preferred Stock [Member]	Additional Paid In Capital [Member]	Accumulated Deficit [Member]	Total
Balance at beginning at Jun. 30, 2015	$ 60,000	$ 1,000	$ 381,807	$ (703,728)	$ (260,921)
Balance at beginning (in shares) at Jun. 30, 2015	60,000,000	1,000,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beneficial conversion discount on convertible notes payable			$ 216,621		216,621
Net loss				$ (129,374)	(129,374)
Balance at ending at Sep. 30, 2015	$ 60,000	$ 1,000	$ 598,428	$ (833,102)	$ (173,674)
Balance at ending (in shares) at Sep. 30, 2015	60,000,000	1,000,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
OPERATING ACTIVITIES:
Net loss	$ (129,374)	$ (96,695)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of discount on convertible note payable	12,068
Changes in operating assets and liabilities:
Accounts receivable	(100)
Accounts payable and accrued liabilities	(109,255)	$ 35,865
Accrued interest payable	10,153
NET CASH USED IN OPERATING ACTIVITIES	$ (216,508)	$ (60,830)
INVESTING ACTIVITIES
Acquisition of subsidiary		(65,000)
NET CASH USED IN INVESTING ACTIVITIES		(65,000)
FINANCING ACTIVITIES
Proceeds from convertible notes	$ 216,621	126,390
NET CASH PROVIDED BY FINANCING ACTIVITIES	216,621	126,390
NET INCREASE IN CASH	113	560
CASH, at the beginning of the period	1,346	26,000
CASH, at the end of the period	$ 1,459	$ 26,560
Cash paid during the period for
Interest
Taxes
Noncash investing and financing transaction:
Beneficial conversion discount on convertible note payable	$ 216,621	$ 152,390

General Organization and Busine

General Organization and Business	3 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General Organization and Business	Note 1. General Organization and Business Changing Technologies, Inc., a Nevada corporation (the “Company”), was originally formed to develop apps primarily focused on improving personal and business productivity and health and fitness monitoring. The Company was incorporated on June 18, 2013. The Company’s year-end is June 30. On June 25, 2014, we formed a new subsidiary, 6th Dimension Technologies, Inc. (“6D3D”), a Texas corporation to pursue opportunities in the 3D printing market. On July 25, 2014, 6D3D purchased SumLin Technologies, LLC (“SumLin”), a North Carolina corporation for $150,000 to be paid over a five-month period. SumLin specialized in personalizing 3D printing for consumer end use. As a result of the SumLin acquisition, the Company ceased being a shell company on July 25, 2014. On July 27, 2014, the Board of Directors authorized ten million shares of preferred stock. On August 13, 2014, we issued a five-for-one stock dividend, where each shareholder at the close of business on July 21, 2014 received four additional shares of common stock for every share they held on the record date. The stock dividend was approved by our Board of Directors and stockholders holding a majority of our voting shares On November 20, 2014, our board of directors designated 1,000,000 shares of Series E preferred stock, with a par value of $0.001 per share. On the same date, we issued 1,000,000 shares of preferred stock to Bordesley Group Corp. (“Bordesley”) for services provided. On the date of the transaction, Bordesley owned 45,000,000 shares of our common stock. They are a beneficial owner, as they own 75% of our outstanding common shares. On June 24, 2015, we reincorporated from Florida to Nevada. Each shareholder in the Nevada company received one share of common stock for each share of common stock that they held in the Florida company.

Going Concern

Going Concern	3 Months Ended
	Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 2. Going Concern During the three months ended September 30, 2015, the Company incurred net losses of $129,374. For the three months ended September 30, 2015, the Company negative cash flow from operating activities of $216,508. As of September 30, 2015, the Company had negative working capital of $146,610. Management does not anticipate having positive cash flow from operating activities in the near future. These factors raise a substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the possible inability of the Company to continue as a going concern. The Company does not have the resources at this time to repay its credit and debt obligations, make any payments in the form of dividends to its shareholders or fully implement its business plan. Without additional capital, the Company will not be able to remain in business. Management has plans to address the Company’s financial situation as follows: In the near term, management plans to continue to focus on raising the funds necessary to implement the Company’s business plan. Management will continue to seek out debt financing to obtain the capital required to meet the Company’s financial obligations. There is no assurance, however, that lenders will continue to advance capital to the Company or that the new business operations will be profitable. The possibility of failure in obtaining additional funding and the potential inability to achieve profitability raise doubts about the Company’s ability to continue as a going concern. In the long term, management believes that the Company’s projects and initiatives will be successful and will provide cash flow to the Company, which we will use to finance the Company’s future growth. However, there can be no assurances that the Company’s planned activities will be successful, or that the Company will ultimately attain profitability. The Company’s long-term viability depends on its ability to obtain adequate sources of debt or equity funding to meet current commitments and fund the continuation of its business operations, and the ability of the Company to achieve adequate profitability and cash flows from operations to sustain its operations.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3. Summary of Significant Accounting Policies Basis of Presentation The consolidated financial statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Interim Financial Statements The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and such adjustments are of a normal recurring nature. These Consolidated financial statements should be read in conjunction with the consolidated financial statements for the fiscal year ended June 30, 2015 and notes thereto and other pertinent information contained in our Form 10-K the Company has filed with the SEC. The results of operations for the three month period ended September 30, 2015 are not necessarily indicative of the results to be expected for the full fiscal year ending June 30, 2016. Principles of Consolidation The consolidated financial statements include the accounts and operations of Changing Technologies, Inc., and its wholly owned subsidiaries, 6 th Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents For the purpose of the consolidated financial statements, cash and cash equivalents include all highly liquid investments with maturity of three months or less. Cash was $1,459 and $1,346 at September 30, 2015 and June 30, 2015, respectively. The Company has no cash equivalents as of September 30, 2015 and June 30, 2015. Impairment of Long-Lived Assets Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the long-lived asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If it is determined that an impairment loss has occurred, the loss is measured as the amount by which the carrying amount of the long-lived asset exceeds its fair value. Beneficial Conversion Discount The intrinsic value of a beneficial conversion feature inherent to a convertible note payable, which is not bifurcated and accounted for separately from the convertible note payable and may not be settled in cash upon conversion, is treated as a discount to the convertible note payable. This discount is amortized over the period from the date of issuance to the date the note is due using the effective interest method. If the note payable is retired prior to the end of its contractual term, the unamortized discount is expensed in the period of retirement to interest expense. In general, the beneficial conversion feature is measured by comparing the effective conversion price, after considering the relative fair value of detachable instruments included in the financing transaction, if any, to the fair value of the common shares at the commitment date to be received upon conversion. Cash Flow Reporting The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by ASC 230, Statement of Cash Flows, to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period. Deferred Income Taxes and Valuation Allowance The Company accounts for income taxes under ASC 740 Income Taxes Revenue Recognition The Company follows ASC 605, Revenue Recognition Earnings (Loss) per Common Share The Company computes basic and diluted earnings per common share amounts in accordance with ASC Topic 260, Earnings per Share Financial Instruments The Company’s consolidated balance sheets include certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period between the origination of these instruments and their expected realization. FASB Accounting Standards Codification (ASC) 820 Fair Value Measurements and Disclosures Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of September 30, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accounts receivable, other current assets, accounts payable, and accrued expenses. The fair value of the Company’s notes payable is estimated based on current rates that would be available for debt of similar terms that is not significantly different from its stated value. Commitments and Contingencies The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. As of September 30, 2015 and June 30, 2015, the company has no commitments and contingencies. Related Parties The Company follows ASC 850, Related Party Disclosures Recently Issued Accounting Pronouncements We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

Convertible Notes Payable

Convertible Notes Payable	3 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Convertible Notes Payable	Note 4. Convertible Notes Payable Convertible notes payable consist of the following at September 30, 2015 and June 30, 2015: September 30, 2015 June 30, 2015 Convertible note dated September 30, 2014, bearing interest at 10% per annum, maturing on September 30, 2016 and convertible into shares of common stock at $0.50 per share $ 152,390 $ 152,390 Convertible note dated December 31, 2014, bearing interest at 10% per annum, maturing on December 31, 2016 and convertible into shares of common stock at $0.41 per share 108,259 108,259 Convertible note dated March 31, 2015, bearing interest at 10% per annum, maturing on March 31, 2017 and convertible into shares of common stock at $0.09 per share 49,659 49,659 Convertible note dated June 30, 2015, bearing interest at 10% per annum, maturing on June 30, 2017 and convertible into shares of common stock at $0.09 per share. 92,499 92,499 Convertible note dated September 30, 2015, bearing interest at 10% per annum, maturing on September 30, 2018 and convertible into shares of common stock at $0.03 per share. 216,621 — Total convertible notes payable $ 619,428 $ 402,807 Less: discount on convertible notes payable (587,636 ) (383,083 ) Less: current portion of convertible notes payable (17,646 ) — Convertible notes payable, net of discount $ 14,146 $ 19,724 All principal with accrued interest is payable on the maturity date. The notes are convertible into common stock of the Company at the option of the holder. The holder of the notes cannot convert the notes into shares of common stock if that conversion would result in the holder owning more than 4.9% of the outstanding stock of the Company. Convertible Promissory Notes issued During the three months ended September 30, 2015, the Company received various advances from a third party, which were, as agreed with the third party at the inception, to be recorded as a convertible note payable at the end of the quarterly period.. The Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest at maturity. The Convertible Promissory Note and unpaid accrued interest are convertible into common stock at the option of the holder. Date Issued Maturity Date Interest Rate Conversion Rate Amount of Note Beneficial Conversion Feature September 30, 2015 September 30, 2018 10% $ 0.03 $ 216,621 $ 216,621 Total $ 216,621 $ 216,621 The Company evaluated the terms of the new note in accordance with ASC Topic No. 815 - 40, Derivatives and Hedging - Contracts in Entity’s Own Stock

Debt Commitments

Debt Commitments	3 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Debt Commitments	Note 5. Debt Commitments Twelve months ended September 30, 2016 2017 2018 2019 2020 Total Convertible notes payable $ 152,390 $ 250,417 $ 216,621 — — $ 619,428 Acquisition of SumLin $ 35,000 — — — — $ 35,000 Total $ 187,390 $ 250,417 $ 216,621 — — $ 654,428

Subsequent Events

Subsequent Events	3 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 6. Subsequent Events The Company evaluated material events occurring between the end of our fiscal year, June 30, 2015, and through the date when the consolidated financial statements were available to be issued for disclosure consideration.

Summary of Significant Accoun13

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and using the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
Interim Financial Statements	Interim Financial Statements The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the consolidated financial statements do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments considered necessary for a fair presentation have been included and such adjustments are of a normal recurring nature. These Consolidated financial statements should be read in conjunction with the consolidated financial statements for the fiscal year ended June 30, 2015 and notes thereto and other pertinent information contained in our Form 10-K the Company has filed with the SEC. The results of operations for the three month period ended September 30, 2015 are not necessarily indicative of the results to be expected for the full fiscal year ending June 30, 2016.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts and operations of Changing Technologies, Inc., and its wholly owned subsidiaries, 6 th
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents For the purpose of the consolidated financial statements, cash and cash equivalents include all highly liquid investments with maturity of three months or less. Cash was $1,459 and $1,346 at September 30, 2015 and June 30, 2015, respectively. The Company has no cash equivalents as of September 30, 2015 and June 30, 2015.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the long-lived asset may not be recoverable. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If it is determined that an impairment loss has occurred, the loss is measured as the amount by which the carrying amount of the long-lived asset exceeds its fair value.
Beneficial Conversion Discount	Beneficial Conversion Discount The intrinsic value of a beneficial conversion feature inherent to a convertible note payable, which is not bifurcated and accounted for separately from the convertible note payable and may not be settled in cash upon conversion, is treated as a discount to the convertible note payable. This discount is amortized over the period from the date of issuance to the date the note is due using the effective interest method. If the note payable is retired prior to the end of its contractual term, the unamortized discount is expensed in the period of retirement to interest expense. In general, the beneficial conversion feature is measured by comparing the effective conversion price, after considering the relative fair value of detachable instruments included in the financing transaction, if any, to the fair value of the common shares at the commitment date to be received upon conversion.
Cash Flow Reporting	Cash Flow Reporting The Company follows ASC 230, Statement of Cash Flows, for cash flows reporting, classifies cash receipts and payments according to whether they stem from operating, investing, or financing activities and provides definitions of each category, and uses the indirect or reconciliation method (“Indirect method”) as defined by ASC 230, Statement of Cash Flows, to report net cash flow from operating activities by adjusting net income to reconcile it to net cash flow from operating activities by removing the effects of (a) all deferrals of past operating cash receipts and payments and all accruals of expected future operating cash receipts and payments and (b) all items that are included in net income that do not affect operating cash receipts and payments. The Company reports the reporting currency equivalent of foreign currency cash flows, using the current exchange rate at the time of the cash flows and the effect of exchange rate changes on cash held in foreign currencies is reported as a separate item in the reconciliation of beginning and ending balances of cash and cash equivalents and separately provides information about investing and financing activities not resulting in cash receipts or payments in the period.
Deferred Income Taxes and Valuation Allowance	Deferred Income Taxes and Valuation Allowance The Company accounts for income taxes under ASC 740 Income Taxes
Revenue Recognition	Revenue Recognition The Company follows ASC 605, Revenue Recognition
Earnings (Loss) per Common Share	Earnings (Loss) per Common Share The Company computes basic and diluted earnings per common share amounts in accordance with ASC Topic 260, Earnings per Share
Financial Instruments	Financial Instruments The Company’s consolidated balance sheets include certain financial instruments. The carrying amounts of current assets and current liabilities approximate their fair value because of the relatively short period between the origination of these instruments and their expected realization. FASB Accounting Standards Codification (ASC) 820 Fair Value Measurements and Disclosures Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 - Inputs that are both significant to the fair value measurement and unobservable. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of September 30, 2015. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accounts receivable, other current assets, accounts payable, and accrued expenses. The fair value of the Company’s notes payable is estimated based on current rates that would be available for debt of similar terms that is not significantly different from its stated value.
Commitments and Contingencies	Commitments and Contingencies The Company follows subtopic 450-20 of the FASB Accounting Standards Codification to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued, which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. As of September 30, 2015 and June 30, 2015, the company has no commitments and contingencies.
Related Parties	Related Parties The Company follows ASC 850, Related Party Disclosures
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements We have reviewed the FASB issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. The Company has carefully considered the new pronouncements that alter previous generally accepted accounting principles and does not believe that any new or modified principles will have a material impact on the corporation’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of our financial management and certain standards are under consideration.

Convertible Notes Payable (Tabl

Convertible Notes Payable (Tables)	3 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Schedule of convertible notes payable	Convertible notes payable consist of the following at September 30, 2015 and June 30, 2015: September 30, 2015 June 30, 2015 Convertible note dated September 30, 2014, bearing interest at 10% per annum, maturing on September 30, 2016 and convertible into shares of common stock at $0.50 per share $ 152,390 $ 152,390 Convertible note dated December 31, 2014, bearing interest at 10% per annum, maturing on December 31, 2016 and convertible into shares of common stock at $0.41 per share 108,259 108,259 Convertible note dated March 31, 2015, bearing interest at 10% per annum, maturing on March 31, 2017 and convertible into shares of common stock at $0.09 per share 49,659 49,659 Convertible note dated June 30, 2015, bearing interest at 10% per annum, maturing on June 30, 2017 and convertible into shares of common stock at $0.09 per share. 92,499 92,499 Convertible note dated September 30, 2015, bearing interest at 10% per annum, maturing on September 30, 2018 and convertible into shares of common stock at $0.03 per share. 216,621 — Total convertible notes payable $ 619,428 $ 402,807 Less: discount on convertible notes payable (587,636 ) (383,083 ) Less: current portion of convertible notes payable (17,646 ) — Convertible notes payable, net of discount $ 14,146 $ 19,724
Schedule of convertible promissory note and unpaid accrued interest are convertible into common stock	The Convertible Promissory Note and unpaid accrued interest are convertible into common stock at the option of the holder. Date Issued Maturity Date Interest Rate Conversion Rate Amount of Note Beneficial Conversion Feature September 30, 2015 September 30, 2018 10% $ 0.03 $ 216,621 $ 216,621 Total $ 216,621 $ 216,621

Debt Commitments (Tables)

Debt Commitments (Tables)	3 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of debt commitments	Twelve months ended September 30, 2016 2017 2018 2019 2020 Total Convertible notes payable $ 152,390 $ 250,417 $ 216,621 — — $ 619,428 Acquisition of SumLin $ 35,000 — — — — $ 35,000 Total $ 187,390 $ 250,417 $ 216,621 — — $ 654,428

General Organization and Busi16

General Organization and Business (Details Narrative) - USD ($)	Aug. 13, 2014	Jul. 25, 2014	Sep. 30, 2015	Jun. 30, 2015	Nov. 20, 2014	Jul. 27, 2014
Preferred stock, authorized			20,000,000	20,000,000		10,000,000
Description of stock dividend	Four additional shares of common stock for every share they held on the record date.
Preferred shares, issued			1,000,000	1,000,000
Preferred shares, par value (in dollars per share)			$ 0.001	$ 0.001
Common stock, shares outstanding			60,000,000	60,000,000
Bordesley Group Corp [Member]
Preferred shares, issued					1,000,000
Common stock, shares outstanding					45,000,000
Percentage of ownership					75.00%
Series E Preferred Stock [Member]
Preferred stock, authorized					1,000,000
Preferred shares, par value (in dollars per share)					$ .001
SumLin Technologies, LLC [Member]
Total purchase consideration paid		$ 150,000
Purchase consideration period		5 months

Going Concern (Details)

Going Concern (Details) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss	$ (129,374)	$ (96,695)
Cash flow from operations	(216,508)	$ (60,830)
Working capital	$ (146,610)

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
Accounting Policies [Abstract]
Cash	$ 1,459	$ 1,346	$ 26,560	$ 26,000

Convertible Notes Payable (Deta

Convertible Notes Payable (Details Narrative) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Debt instrument, beneficial conversion	$ 216,621	$ 152,390
Amortization of discount	$ 12,068
Convertible Notes Payable [Member]
Description of conversion feature	The holder of the notes cannot convert the notes into shares of common stock if that conversion would result in the holder owning more than 4.9% of the outstanding stock of the Company.
Debt instrument, interest rate	10.00%
Debt instrument, beneficial conversion	$ 216,621
Amortization of discount	$ 12,068

Convertible Notes Payable (De20

Convertible Notes Payable (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015
Debt Instrument [Line Items]
Total convertible notes payable	$ 216,621
Less: discount on convertible notes payable	(134,744)	$ 0
Less: current portion of convertible notes payable	17,646
Convertible notes payable, net of discount	14,146	$ 19,724
10% Convertible note maturing on September 30, 2016 [Member]
Debt Instrument [Line Items]
Total convertible notes payable	$ 152,390	$ 152,390
Debt instrument, date issued	Sep. 30, 2014	Sep. 30, 2014
Debt instrument, conversion rate	$ 0.50	$ 0.50
10% Convertible note maturing on December 31, 2016 [Member]
Debt Instrument [Line Items]
Total convertible notes payable	$ 108,259	$ 108,259
Debt instrument, date issued	Dec. 31, 2014	Dec. 31, 2014
Debt instrument, conversion rate	$ 0.41	$ 0.41
10% Convertible note maturing on March 31, 2017 [Member]
Debt Instrument [Line Items]
Total convertible notes payable	$ 49,659	$ 49,659
Debt instrument, date issued	Mar. 31, 2015	Mar. 31, 2015
Debt instrument, conversion rate	$ 0.09	$ 0.09
10% Convertible note maturing on June 30, 2017 [Member]
Debt Instrument [Line Items]
Total convertible notes payable	$ 92,499	$ 92,499
Debt instrument, date issued	Jun. 30, 2015	Jun. 30, 2015
Debt instrument, conversion rate	$ 0.09	$ 0.09
10% Convertible note maturing on September 30, 2018 [Member]
Debt Instrument [Line Items]
Total convertible notes payable	$ 216,621
Debt instrument, date issued	Sep. 30, 2015
Debt instrument, conversion rate	$ 0.03
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
Total convertible notes payable	$ 619,428	$ 402,807
Less: discount on convertible notes payable	(587,636)	$ (383,083)
Less: current portion of convertible notes payable	(17,646)
Convertible notes payable, net of discount	$ 14,146	$ 19,724

Convertible Notes Payable (De21

Convertible Notes Payable (Details 1) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Total convertible notes payable	$ 216,621
Debt instrument, beneficial conversion	216,621	$ 152,390
10% Convertible note maturing on September 30, 2018 [Member]
Total convertible notes payable	216,621
Debt instrument, beneficial conversion	$ 216,621
Conversion rate	$ 0.03
Date issued	Sep. 30, 2015

Debt Commitments (Details)

Debt Commitments (Details)	Sep. 30, 2015USD ($)
Debt Instrument [Line Items]
2,016	$ 187,390
2,017	250,417
2,018	$ 216,621
2,019
2,020
Total	$ 654,428
SumLin Technologies, LLC [Member]
Debt Instrument [Line Items]
2,016	$ 35,000
2,017
2,018
2,019
2,020
Total	$ 35,000
Convertible Notes Payable [Member]
Debt Instrument [Line Items]
2,016	152,390
2,017	250,417
2,018	$ 216,621
2,019
2,020
Total	$ 619,428