Loop Media (LPTV) 10-K 13 Oct 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Document and Entity Information
Entity Registrant Name	Interlink Plus, Inc.
Document Type	10-K
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Entity Central Index Key	1,643,988
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding	67,373,008
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Public Float		$ 1,289,521
Trading Symbol	itrk

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Current assets
Cash	$ 12,201	$ 1,909
Accounts receivable	11,121	344
Prepaid expenses	58,693	375
Total current assets	82,015	2,628
Other assets
Website	2,201	979
Total other assets	2,201	979
TOTAL ASSETS	84,216	3,607
Current liabilities
Accounts payable	15,891	6,059
Accounts payable - related party	57,000	27,000
Customer deposits	60,559
Notes payable - related party	6,000	6,500
Accrued interest payable	1,521	282
Accrued interest payable - related party	1,759	806
Convertible debt, net	14,167	2,809
Current portion of long-term convertible debt - related party	4,000	4,000
Total current liabilities	160,897	47,456
Long-term liabilities
Total liabilities	160,897	47,456
Stockholders equity
Preferred stock value	270	280
Common stock value	6,737	5,611
Additional paid-in capital	62,862	47,669
Retained earnings (deficit)	(146,550)	(97,409)
Total stockholders' equity	(76,681)	(43,849)
Total liabilities and stockholders' equity	$ 84,216	$ 3,607

BALANCE SHEETS (parenthetical)

BALANCE SHEETS (parenthetical) - $ / shares	Jun. 30, 2017	Jun. 30, 2016
Balance Sheet
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	25,000,000	25,000,000
Preferred stock, shares issued	2,700,000	2,800,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	475,000,000	475,000,000
Common stock, shares issued	67,373,008	56,111,200
Common stock, shares outstanding	67,373,008	56,111,200

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Income Statement
Revenue	$ 45,400	$ 7,795
Operating expenses
Costs of goods sold	5,816
General and administrative	5,556	3,444
Amortization	778	500
Professional fees	26,355	56,729
Professional fees - related party	36,000	35,032
Total operating expenses	74,505	95,705
Operating income (loss)	(29,105)	(87,910)
Other income (expenses)
Interest expense	18,976	1,199
Interest expense - related party	1,060	2,648
Total other expenses	(20,036)	(3,847)
Net loss	$ (49,141)	$ (91,757)
Net loss per common share, basic	$ 0	$ 0
Net loss per common share, diluted	$ 0	$ 0
Weighted average number of shares outstanding, basic	63,569,374	42,613,932
Weighted average number of shares outstanding, diluted	63,569,374	42,613,932

STATEMENTS OF STOCKHOLDERS' EQU

STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)	Preferred stock	Common stock	Additional paid-in capital	Subscriptions receivable	Retained deficit	Total stockholders' equity
Beginning Balance, shares at Jun. 30, 2015	3,000,000	36,111,200
Beginning Balance, amount at Jun. 30, 2015	$ 300	$ 3,611	$ 38,649	$ (6,500)	$ (5,652)	$ 30,408
Issuance of stock for cash, value				$ 6,500		6,500
Issuance of common stock for conversion of preferred stock, shares	(200,000)	20,000,000
Issuance of common stock for conversion of preferred stock, value	$ (20)	$ 2,000	(1,980)
Beneficial conversion feature of convertible debt			11,000			11,000
Net loss for the period					(91,757)	(91,757)
Ending Balance, shares at Jun. 30, 2016	2,800,000	56,111,200
Ending Balance, amount at Jun. 30, 2016	$ 280	$ 5,611	47,669		(97,409)	(43,849)
Issuance of common stock for conversion of preferred stock, shares	(100,000)	10,000,000
Issuance of common stock for conversion of preferred stock, value	$ (10)	$ 1,000	(990)
Beneficial conversion feature of convertible debt			10,000			10,000
Issuance of common stock for conversion of debt, shares		1,261,808
Issuance of common stock for conversion of debt, value		$ 126	6,183			6,309
Net loss for the period					(49,414)	(49,141)
Ending Balance, shares at Jun. 30, 2017	2,700,000	67,373,008
Ending Balance, amount at Jun. 30, 2017	$ 270	$ 6,737	$ 62,862		$ (146,550)	$ (76,681)

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net loss	$ (49,141)	$ (91,757)
Adjustments to reconcile net loss to net cash provided by operating activities:
Amortization of prepaid stock compensation		7,792
Amortization of website costs	778	500
Amortization of debt discount	17,358	2,809
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(10,777)	(129)
(Increase) decrease in prepaid expenses	(58,318)	3,225
Increase (decrease) in accounts payable	9,832	6,059
Increase (decrease) in accounts payable - related party	30,000	27,000
Increase (decrease) in accrued interest payable - related party	1,548	755
Increase (decrease) in accrued interest payable	953	282
Increase (decrease) in customer deposits	60,559
Net cash used in operating activities	2,792	(43,464)
Cash flows from investing activities:
Purchase web site costs	2,000
Net cash used by investing activities	(2,000)
Cash flows from financing activities:
Proceeds from notes payable - related party		6,000
Repayments for notes payable - related party	500
Proceeds from convertible debt	10,000	11,000
Proceeds from stock receivable		6,500
Net cash provided by financing activities	9,500	23,500
Net increase (decrease) in cash	10,292	(19,964)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	1,909	21,873
CASH AND CASH EQUIVALENTS, END OF PERIOD	12,201	1,909
Supplemental information:
Interest paid	107
Income taxes paid
Non-cash investing and financing activities:
Amortization of prepaid stock compensation		7,792
Amortization of debt discount	$ 17,358	$ 2,809

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2017
Notes
Summary of Significant Accounting Policies	NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization The Company was incorporated on May 11, 2015 (Date of Inception) under the laws of the State of Nevada, as Interlink Plus, Inc. Nature of operations The Company will provide services for oversea travel agents on hotel price quotation and negotiation, contract reviewing, detailed guests’ arrangements, hotel check-in assistance and tradeshow assistance. Year end The Company’s year end is June 30. Cash and cash equivalents For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. The carrying value of these investments approximates fair value. Website The Company capitalizes the costs associated with the development of the Company’s website pursuant to ASC Topic 350. Other costs related to the maintenance of the website are expensed as incurred. Amortization is provided over the estimated useful lives of 3 years using the straight-line method for financial statement purposes. The Company plans to commence amortization upon completion and release of the Company’s fully operational website. Revenue recognition We recognize revenue when all of the following conditions are satisfied: (1) there is persuasive evidence of an arrangement; (2) the product or service has been provided to the customer; (3) the amount of fees to be paid by the customer is fixed or determinable; and (4) the collection of our fees is probable. The Company will record revenue when it is realizable and earned and the services are completed as part of the service contract. Advertising costs Advertising costs are anticipated to be expensed as incurred; however there were no advertising costs included in general and administrative expenses for the years ended June 30, 2017 and 2016. Fair value of financial instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2017 and 2016. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaid expenses and accounts payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Level 1 Level 2 Level 3 Stock-based compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 505 and 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by the FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50. Earnings per share The Company follows ASC Topic 260 to account for the earnings per share. Basic earning per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earning per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation. Income taxes The Company follows ASC Topic 740 for recording the provision for income taxes. Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change. Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. The Company applies a more-likely-than-not recognition threshold for all tax uncertainties. ASC Topic 740 only allows the recognition of those tax benefits that have a greater than fifty percent likelihood of being sustained upon examination by the taxing authorities. As of June 30, 2017 and 2016, the Company reviewed its tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore this standard has not had a material affect on the Company. The Company does not anticipate any significant changes to its total unrecognized tax benefits within the next 12 months. The Company classifies tax-related penalties and net interest as income tax expense. As of June 30, 2017 and 2016, no income tax expense has been incurred. Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ significantly from those estimates. Recent pronouncements The Company has evaluated the recent accounting pronouncements through August 2017 and believes that none of them will have a material effect on the company’s financial statements.

Going Concern

Going Concern	12 Months Ended
	Jun. 30, 2017
Notes
Going Concern	NOTE 2 - GOING CONCERN The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the recoverability of assets and the satisfaction of liabilities in the normal course of business. As noted above, the Company is in its early stages and, accordingly, has generated slight revenues from operations. Since its inception, the Company has been engaged substantially in financing activities and developing its business plan and incurring start up costs and expenses. As a result, the Company incurred accumulated net losses from Inception (May 11, 2015) through the period ended June 30, 2017 of $146,550. In addition, the Company’s development activities since inception have been financially sustained through debt and equity financing. The ability of the Company to continue as a going concern is dependent upon its ability to raise additional capital from the sale of common stock and, ultimately, the achievement of significant operating revenues. These financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classification of liabilities that might result from this uncertainty.

Prepaid Expenses Disclosure

Prepaid Expenses Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Prepaid Expenses Disclosure	NOTE 3 - PREPAID EXPENSES As of June 30, 2017, the Company had prepaid transfer agent expenses totaling $375. The prepaid professional fees will be expensed on a straight line basis over the remaining life of the service period. During the year ended June 30, 2017 the Company incurred an additional $750 of prepaid transfer agent fees and amortized transfer agent expenses of $750. Additionally, the Company had prepaid expense related to deposits at hotels totaling $58,318. The prepaid expenses will be reclassified against revenue when our clients complete their stay at the hotel. As of June 30, 2016, the Company had prepaid transfer agent expenses totaling $375. As of June 30, 2015, the Company has prepaid accounting fees totaling $3,600. The prepaid professional fees will be expensed on a straight line basis over the remaining life of the service period. During the year ended June 30, 2016 the Company amortized transfer agent expenses of $625 and accounting fees of $3,600.

Website, Disclosure

Website, Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Website, Disclosure	NOTE 4 - WEBSITE The following is a summary of website costs: June 30, 2017 June 30, 2016 Website $ 3,500 $ 1,500 Less: Accumulated amortization (1,299) (521) Website, net $ 2,201 $ 979 Amortization expense for the years ended June 30, 2017 and 2016 was $778 and $500, respectively.

Notes Payable and Convertible D

Notes Payable and Convertible Debt - Related Party Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Notes Payable and Convertible Debt - Related Party Disclosure	NOTE 5 - NOTES PAYABLE AND CONVERTIBLE DEBT - RELATED PARTY Short term On May 13, 2015, the Company executed a promissory note with a related party for $500. The secured note bears interest at 10% per annum and is due upon demand. During the year ended June 30, 2017, the entire balance of principal and interest was paid. On December 23, 2015, the Company executed a promissory note with a related party for $5,000. The unsecured note bears interest at 10% per annum and is due upon demand. During July 2017, the terms of the loan were renegotiated. On February 26, 2016, the Company executed a promissory note with a related party for $1,000. The unsecured note bears interest at 10% per annum and is due upon demand. During July 2017, the terms of the loan were renegotiated. On May 22, 2015, the Company executed a promissory note with a related party for $4,000. The secured note bears interest at 10% per annum and is due on May 22, 2017. This note is convertible at $0.005 per share and can be converted on or before the maturity date of May 22, 2017. During the year ended June 30, 2016, this this promissory note was reclassified to current portion of long term debt - related party. During July 2017, the terms of the loan were renegotiated. As of June 30, 2017 and 2016, the balance of accrued interest was $854 and $449, respectively.

Convertible Debt Disclosure

Convertible Debt Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Convertible Debt Disclosure	NOTE 6 - CONVERTIBLE DEBT Convertible debt short term On March 8, 2016, the Company executed a convertible promissory note with an entity for $6,000. The unsecured note bears interest at 10% per annum and is due on March 7, 2017. This note is convertible at $0.005 per share and can be converted on or before the maturity date of March 7, 2017. On September 9, 2016, the Company received a notice of conversion for a lender to convert principal of $6,000 and accrued interest of $309 at a rate of $0.005 per share. The Company issued 1,261,808 shares of common stock to satisfy the debt in full. On April 25, 2016, the Company executed a convertible promissory note with an entity for $5,000. The unsecured note bears interest at 10% per annum and is due on April 25, 2017. This note is convertible at $0.005 per share and can be converted on or before the maturity date of April 25, 2017. During July 2017, the terms of the loan were renegotiated. On July 15, 2016, the Company executed a convertible promissory note with an entity for $5,000. The unsecured note bears interest at 10% per annum and is due on July 15, 2017. This note is convertible at $0.005 per share and can be converted on or before the maturity date of July 15, 2017. During July 2017, the terms of the loan were renegotiated. On August 18, 2016, the Company executed a convertible promissory note with an entity for $5,000. The unsecured note bears interest at 10% per annum and is due on August 18, 2017. This note is convertible at $0.005 per share and can be converted on or before the maturity date of August 18, 2017. As of June 30, 2017, the balance of accrued interest was $1,521. The interest expense for the year ended June 30, 2017 was $18,976 including amortization of debt discount of $17,358. As of June 30, 2016, the balance of accrued interest was $282. The interest expense for the year ended June 30, 2016 was $1,199 including amortization of debt discount of $1,199.

Stockholders' Equity, Disclosur

Stockholders' Equity, Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Stockholders' Equity, Disclosure	NOTE 7 - STOCKHOLDERS’ EQUITY The Company is authorized to issue 475,000,000 shares of its $0.0001 par value common stock and 25,000,000 shares of its $0.0001 par value preferred stock. The Series A convertible preferred stock have a liquidation preference of $0.10 per share, have super voting rights of 100 votes per share, and each share of Series A may be converted into 100 shares of common stock. Common stock On May 22, 2015, the Company issued 1,000,000 shares of common stock for funds not yet received as of June 30, 2015. During July 2015, funds totaling $5,000 have been received. On June 30, 2015, the Company issued 30,000 shares of common stock for funds not yet received as of June 30, 2015. During July 2015, funds totaling $1,500 have been received. During March 2016, the Company issued 20,000,000 shares of common stock as part of a conversion of 20,000 shares of preferred stock. On March 8, 2016, the Company recorded a beneficial conversion feature of $6,000 as part of the convertible debt. On April 25, 2016, the Company recorded a beneficial conversion feature of $5,000 as part of the convertible debt. On July 15, 2016, the Company recorded a beneficial conversion feature of $5,000 as part of the convertible debt. On August 18, 2016, the Company recorded a beneficial conversion feature of $5,000 as part of the convertible debt. On September 9, 2016, the Company issued 1,261,808 shares of common stock for the conversion of debt totaling $6,309. Of the total, $6,000 was the principal and $309 was the accrued interest payable. During November 2016, the Company issued 10,000,000 shares of common stock as part of a conversion of 100,000 shares of preferred stock. Preferred stock During March 2016, the Company issued 20,000,000 shares of common stock as part of a conversion of 20,000 shares of preferred stock. During November 2016, the Company issued 10,000,000 shares of common stock as part of a conversion of 100,000 shares of preferred stock.

Warrants and Options Disclosure

Warrants and Options Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Warrants and Options Disclosure	NOTE 8 - WARRANTS AND OPTIONS As of June 30, 2017, there were no warrants or options outstanding to acquire any additional shares of common stock.

Income Taxes, Disclosure

Income Taxes, Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Income Taxes, Disclosure	NOTE 9 - INCOME TAXES At June 30, 2017, the Company had a federal operating loss carryforward of approximately $138,000 which begins to expire in 2035. Components of net deferred tax assets, including a valuation allowance, are as follows at June 30, 2017 and 2016: 2017 2016 Deferred tax assets: Net operating loss carryforward $ 48,000 $ 31,000 Total deferred tax assets 48,000 31,000 Less: Valuation allowance (48,000) (31,000) Net deferred tax assets $ -- $ -- The valuation allowance for deferred tax assets as of June 30, 2017 and 2016 was $48,000 and $31,000, respectively, which will begin to expire in 2035. In assessing the recovery of the deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income in the periods in which those temporary differences become deductible. Management considers the scheduled reversals of future deferred tax assets, projected future taxable income, and tax planning strategies in making this assessment. As a result, management determined it was more likely than not the deferred tax assets would not be realized as of June 30, 2017 and 2016 and maintained a full valuation allowance. Reconciliation between the statutory rate and the effective tax rate is as follows at June 30, 2017 and 2016: 2017 2016 Federal statutory rate (35.0)% (35.0)% State taxes, net of federal benefit (0.00)% (0.00)% Change in valuation allowance 35.0% 35.0% Effective tax rate 0.0% 0.0%

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2017
Notes
Related Party Transactions	NOTE 10 - RELATED PARTY TRANSACTIONS On July 11, 2015, the Company executed a consulting agreement for a period of three years with a former officer and director and current shareholder at a rate of $3,000 per month. During the years ended June 30, 2017 and 2016, the Company had professional fees - related party totaling $36,000 and $35,032, respectively. As of June 30, 2017 and 2016, the accounts payable - related party balance was $57,000 and $27,000, respectively.

Subsequent Events, Disclosure

Subsequent Events, Disclosure	12 Months Ended
	Jun. 30, 2017
Notes
Subsequent Events, Disclosure	NOTE 11 - SUBSEQUENT EVENTS On July 31, 2017 the Company amended terms to four of its promissory notes. On the original convertible promissory note dated May 22, 2015 for $4,000, the maturity date was extended to July 31, 2018 from May 22, 2017. On the original convertible promissory note dated April 25, 2016 for $5,000, the maturity date was extended to July 31, 2018 from April 25, 2017. On the original convertible promissory note dated July 15, 2016 for $5,000, the maturity date was extended to July 31, 2018 from July 15, 2017. On the original demand promissory note dated December 23, 2015 for $5,000 and the original promissory note dated February 16, 2016 for $1,000, the maturity date was extended to July 31, 2018 on demand. The interest rate also increased to 20% per annum from 10%. Additionally, the note is now convertible into common stock at $0.005 per share; the Company may prepay at 115% at August 1, 2017 for 90 days; increases to 125% at 91-180 days; no prepayment after 180 days. On October 11, 2017, the Company executed a demand promissory note for $15,000 with a flat interest payment of $2,250 and it is due in 45 days.

Summary of Significant Accoun18

Summary of Significant Accounting Policies: Organization (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Organization	Organization The Company was incorporated on May 11, 2015 (Date of Inception) under the laws of the State of Nevada, as Interlink Plus, Inc.

Summary of Significant Accoun19

Summary of Significant Accounting Policies: Nature of Operations (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Nature of Operations	Nature of operations The Company will provide services for oversea travel agents on hotel price quotation and negotiation, contract reviewing, detailed guests’ arrangements, hotel check-in assistance and tradeshow assistance.

Summary of Significant Accoun20

Summary of Significant Accounting Policies: Year End Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Year End Policy	Year end The Company’s year end is June 30.

Summary of Significant Accoun21

Summary of Significant Accounting Policies: Cash and Cash Equivalents Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Cash and Cash Equivalents Policy	Cash and cash equivalents For the purpose of the statements of cash flows, all highly liquid investments with an original maturity of three months or less are considered to be cash equivalents. The carrying value of these investments approximates fair value.

Summary of Significant Accoun22

Summary of Significant Accounting Policies: Website Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Website Policy	Website The Company capitalizes the costs associated with the development of the Company’s website pursuant to ASC Topic 350. Other costs related to the maintenance of the website are expensed as incurred. Amortization is provided over the estimated useful lives of 3 years using the straight-line method for financial statement purposes. The Company plans to commence amortization upon completion and release of the Company’s fully operational website.

Summary of Significant Accoun23

Summary of Significant Accounting Policies: Revenue Recognition Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Revenue Recognition Policy	Revenue recognition We recognize revenue when all of the following conditions are satisfied: (1) there is persuasive evidence of an arrangement; (2) the product or service has been provided to the customer; (3) the amount of fees to be paid by the customer is fixed or determinable; and (4) the collection of our fees is probable. The Company will record revenue when it is realizable and earned and the services are completed as part of the service contract.

Summary of Significant Accoun24

Summary of Significant Accounting Policies: Advertising Costs Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Advertising Costs Policy	Advertising costs Advertising costs are anticipated to be expensed as incurred; however there were no advertising costs included in general and administrative expenses for the years ended June 30, 2017 and 2016.

Summary of Significant Accoun25

Summary of Significant Accounting Policies: Fair Value of Financial Instruments Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Fair Value of Financial Instruments Policy	Fair value of financial instruments Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of June 30, 2017 and 2016. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values. These financial instruments include cash, prepaid expenses and accounts payable. Fair values were assumed to approximate carrying values for cash and payables because they are short term in nature and their carrying amounts approximate fair values or they are payable on demand. Level 1 Level 2 Level 3

Summary of Significant Accoun26

Summary of Significant Accounting Policies: Stock-based Compensation Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Stock-based Compensation Policy	Stock-based compensation The Company records stock based compensation in accordance with the guidance in ASC Topic 505 and 718 which requires the Company to recognize expenses related to the fair value of its employee stock option awards. This eliminates accounting for share-based compensation transactions using the intrinsic value and requires instead that such transactions be accounted for using a fair-value-based method. The Company recognizes the cost of all share-based awards on a graded vesting basis over the vesting period of the award. The Company accounts for equity instruments issued in exchange for the receipt of goods or services from other than employees in accordance with FASB ASC 718-10 and the conclusions reached by the FASB ASC 505-50. Costs are measured at the estimated fair market value of the consideration received or the estimated fair value of the equity instruments issued, whichever is more reliably measurable. The value of equity instruments issued for consideration other than employee services is determined on the earliest of a performance commitment or completion of performance by the provider of goods or services as defined by FASB ASC 505-50.

Summary of Significant Accoun27

Summary of Significant Accounting Policies: Earnings Per Share Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Earnings Per Share Policy	Earnings per share The Company follows ASC Topic 260 to account for the earnings per share. Basic earning per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earning per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. During periods when common stock equivalents, if any, are anti-dilutive they are not considered in the computation.

Summary of Significant Accoun28

Summary of Significant Accounting Policies: Income Taxes Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Income Taxes Policy	Income taxes The Company follows ASC Topic 740 for recording the provision for income taxes. Deferred tax assets and liabilities are computed based upon the difference between the financial statement and income tax basis of assets and liabilities using the enacted marginal tax rate applicable when the related asset or liability is expected to be realized or settled. Deferred income tax expenses or benefits are based on the changes in the asset or liability each period. If available evidence suggests that it is more likely than not that some portion or all of the deferred tax assets will not be realized, a valuation allowance is required to reduce the deferred tax assets to the amount that is more likely than not to be realized. Future changes in such valuation allowance are included in the provision for deferred income taxes in the period of change. Deferred income taxes may arise from temporary differences resulting from income and expense items reported for financial accounting and tax purposes in different periods. Deferred taxes are classified as current or non-current, depending on the classification of assets and liabilities to which they relate. Deferred taxes arising from temporary differences that are not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. The Company applies a more-likely-than-not recognition threshold for all tax uncertainties. ASC Topic 740 only allows the recognition of those tax benefits that have a greater than fifty percent likelihood of being sustained upon examination by the taxing authorities. As of June 30, 2017 and 2016, the Company reviewed its tax positions and determined there were no outstanding, or retroactive tax positions with less than a 50% likelihood of being sustained upon examination by the taxing authorities, therefore this standard has not had a material affect on the Company. The Company does not anticipate any significant changes to its total unrecognized tax benefits within the next 12 months. The Company classifies tax-related penalties and net interest as income tax expense. As of June 30, 2017 and 2016, no income tax expense has been incurred.

Summary of Significant Accoun29

Summary of Significant Accounting Policies: Use of Estimates Policy (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Use of Estimates Policy	Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ significantly from those estimates.

Summary of Significant Accoun30

Summary of Significant Accounting Policies: Recent Pronouncements (Policies)	12 Months Ended
	Jun. 30, 2017
Policies
Recent Pronouncements	Recent pronouncements The Company has evaluated the recent accounting pronouncements through August 2017 and believes that none of them will have a material effect on the company’s financial statements.

Website, Disclosure_ Summary of

Website, Disclosure: Summary of website costs (Tables)	12 Months Ended
	Jun. 30, 2017
Tables/Schedules
Summary of website costs	June 30, 2017 June 30, 2016 Website $ 3,500 $ 1,500 Less: Accumulated amortization (1,299) (521) Website, net $ 2,201 $ 979

Income Taxes, Disclosure_ Sched

Income Taxes, Disclosure: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Jun. 30, 2017
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	2017 2016 Deferred tax assets: Net operating loss carryforward $ 48,000 $ 31,000 Total deferred tax assets 48,000 31,000 Less: Valuation allowance (48,000) (31,000) Net deferred tax assets $ -- $ --

Income Taxes, Disclosure_ Sch33

Income Taxes, Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Jun. 30, 2017
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	2017 2016 Federal statutory rate (35.0)% (35.0)% State taxes, net of federal benefit (0.00)% (0.00)% Change in valuation allowance 35.0% 35.0% Effective tax rate 0.0% 0.0%

Going Concern (Details)

Going Concern (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Details
Retained earnings (deficit)	$ 146,550	$ 97,409

Prepaid Expenses Disclosure (De

Prepaid Expenses Disclosure (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Prepaid expenses	$ 58,693	$ 375
Transfer agent expenses
Prepaid expenses	375	375
Amortization of prepaid expenses	750	625
Deposits at hotels
Prepaid expenses	$ 58,318
Accounting fees
Prepaid expenses			$ 3,600
Amortization of prepaid expenses		$ 3,600

Website, Disclosure_ Summary 36

Website, Disclosure: Summary of website costs (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Details
Website, gross	$ 3,500	$ 1,500
Website, accumulated amortization	(1,299)	(521)
Website, net	$ 2,201	$ 979

Website, Disclosure (Details)

Website, Disclosure (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Details
Amortization of website costs	$ 778	$ 500

Notes Payable and Convertible38

Notes Payable and Convertible Debt - Related Party Disclosure (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2015
Repayments for notes payable - related party	$ 500
Note payable, related party - current	6,000	$ 6,500
Current portion of long-term convertible debt - related party	4,000	4,000
Accrued interest payable - related party	1,759	806
Promissory note - May 22, 2015
Current portion of long-term convertible debt - related party			$ 4,000
Promissory note - May 13, 2015
Repayments for notes payable - related party	500
Promissory note - December 23, 2015
Note payable, related party - current	5,000
Promissory note - February 26, 2016
Note payable, related party - current	1,000
NOTES PAYABLE AND CONVERTIBLE DEBT
Accrued interest payable - related party	$ 854	$ 449

Convertible Debt Disclosure (De

Convertible Debt Disclosure (Details) - USD ($)	9 Months Ended	12 Months Ended
	Mar. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Convertible promissory note executed		$ 10,000	$ 11,000
Amount of original debt converted to stock		$ 6,309
Converted exercise price		$ 0.005
Common stock issued for debt conversion		1,261,808
Accrued interest payable		$ 1,521	282
Interest expense		18,976	1,199
Amortization of debt discount		17,358	2,809
Convertible promissory note - March 8, 2016
Convertible promissory note executed	$ 6,000
Principal Amount of Debt
Amount of original debt converted to stock		6,000
Accrued Interest on Debt
Amount of original debt converted to stock		309
Convertible promissory note - April 25, 2016
Convertible promissory note executed	$ 5,000
Convertible promissory note - July 15, 2016
Convertible promissory note executed		5,000
Convertible promissory note - August 18, 2016
Convertible promissory note executed		5,000
Convertible debt short term
Amortization of debt discount		$ 17,358	$ 1,199

Stockholders' Equity, Disclos40

Stockholders' Equity, Disclosure (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Common stock shares authorized for issuance	475,000,000	475,000,000
Common stock par value	$ 0.0001	$ 0.0001
Preferred (Series A) shares authorized for issuance	25,000,000	25,000,000
Preferred stock par value	$ 0.0001	$ 0.0001
Series A convertible preferred stock preference	$ 0.10
Common stock issued for conversion of preferred stock	10,000,000	20,000,000
Number of preferred stock converted	100,000	20,000
Common stock issued for debt conversion	1,261,808
Amount of original debt converted to stock	$ 6,309
March 8, 2016
Beneficial conversion feature of the convertible debt		$ 6,000
April 25, 2016
Beneficial conversion feature of the convertible debt		$ 5,000
July 15, 2016
Beneficial conversion feature of the convertible debt	5,000
August 18, 2016
Beneficial conversion feature of the convertible debt	$ 5,000

Income Taxes, Disclosure_ Sch41

Income Taxes, Disclosure: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Details
Net operating loss carryforward	$ 48,000	$ 31,000
Deferred tax assets, gross	48,000	31,000
Less: Valuation allowance	$ (48,000)	$ (31,000)

Income Taxes, Disclosure_ Sch42

Income Taxes, Disclosure: Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Details
Federal statutory rate	(35.00%)	(35.00%)
State taxes, net of federal benefit	(0.00%)	(0.00%)
Change in valuation allowance	35.00%	35.00%
Effective tax rate	0.00%	0.00%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jul. 11, 2015
Professional fees - related party	$ 36,000	$ 35,032
Accounts payable - related party	$ 57,000	$ 27,000
Consulting Agreement with Current Shareholder
Monthly compensation			$ 3,000

Subsequent Events, Disclosure (

Subsequent Events, Disclosure (Details)	Oct. 11, 2017USD ($)
Details
Demand promissory note executed	$ 15,000