Forza Innovations (FORZ) 10-K 20 Sep 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information	12 Months Ended
	Jun. 30, 2017USD ($)shares
Document And Entity Information
Entity Registrant Name	Genesys Industries, Inc.
Entity Central Index Key	1,683,131
Document Type	10-K
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float | $	$ 17,545
Entity Common Stock, Shares Outstanding | shares	17,545,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Current assets:
Cash	$ 20,844	$ 100
Total current assets	20,844	100
Website development, net	514	1,131
Total assets	21,358	1,231
Current Liabilities:
Accounts payable and accrued liabilities	701	7,250
Due to related party	6,190	3,500
Total current liabilities	6,891	10,750
Total liabilities	6,891	10,750
Stockholders' equity (deficit)
Class B Preferred stock, $0.001 par value, 25,000,000 shares authorized; 10,000,000 and 10,000,000 issued and outstanding, respectively	10,000	10,000
Common stock, $0.001 par value, 100,000,000 shares authorized; 17,545,000 and 17,000,000 shares issued and outstanding, respectively	17,545	17,000
Additional paid-in capital	43,955	(10,000)
Stock subscription receivable		(16,900)
Accumulated deficit	(57,033)	(9,619)
Total stockholders' equity (deficit)	14,467	(9,519)
Total liabilities and stockholders' equity (deficit)	$ 21,358	$ 1,231

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Jun. 30, 2016
Common Stock Shares Authorized	100,000,000	100,000,000
Common Stock Shares Issued	17,545,000	17,000,000
Common Stock Shares Outstanding	17,545,000	17,000,000
Common Stock Par Value	$ .001	$ .001
Preferred Stock Shares Authorized	25,000,000	25,000,000
Preferred Stock Par Value	$ 0.001	$ 0.001
Class B Preferred Stock
Preferred Stock Shares Authorized	25,000,000	25,000,000
Preferred Stock Shares Issued	10,000,000	10,000,000
Preferred Stock Shares Outstanding	10,000,000	10,000,000
Preferred Stock Par Value	$ 0.001	$ 0.001

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Revenue	$ 1,357
Cost of revenue	698
Gross Margin	659
Operating Expenses:
General & administrative expenses	29,963	1,266
Professional fees	18,110	7,250
Total operating expenses	48,073	8,516
Loss from operations	(47,414)	(8,516)
Loss before income taxes	(47,414)	(8,516)
Provision for income taxes
Net Loss	$ (47,414)	$ (8,516)
Net Loss Per Common Share, basic & diluted	$ 0	$ 0
Weighted Common Shares Outstanding, basic & diluted	17,176,493	2,282,192

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)	Common Stock	Preferred Stock	Stock Subscription Receivable	Paid-In Capital	Accumulated Deficit	Total
Beginning Balance, Shares at Jun. 30, 2015	10,000
Beginning Balance, Amount at Jun. 30, 2015	$ 10			$ (10)	$ (1,103)	$ (1,103)
Common stock exchanged for preferred, Shares	10,000	10,000,000
Common stock exchanged for preferred, Value	$ 10	$ 10,000		(9,990)
Common stock issued for cash, Shares	17,000,000
Common stock issued for cash, Value	$ 17,000		(16,900)			100
Net Loss					(8,516)	(8,516)
Ending Balance, shares at Jun. 30, 2016	17,000,000	10,000,000
Ending Balance, Amount at Jun. 30, 2016	$ 17,000	$ 10,000	(16,900)	(10,000)	(9,619)	(9,519)
Common stock issued for cash, Shares	545,000
Common stock issued for cash, Value	$ 545		16,900	53,955		71,400
Net Loss					(47,414)	(47,414)
Ending Balance, shares at Jun. 30, 2017	17,545,000	10,000,000
Ending Balance, Amount at Jun. 30, 2017	$ 17,545	$ 10,000		$ 43,955	$ (57,033)	$ 14,467

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net Loss	$ (47,414)	$ (8,516)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	617	616
Changes in operating assets and liabilities:
Accounts payable and accrued liabilities	(6,549)	7,250
Net cash used in operating activities	(53,346)	(650)
Cash flows from financing activities:
Advances from a related party	2,690	650
Proceeds from the sale of common stock	71,400	100
Net cash provided by financing activities	74,090	750
Net increase in cash	20,744	100
Cash, beginning of year	100
Cash, end of year	20,844	100
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for taxes

Nature of Operations

Nature of Operations	12 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	NOTE 1 - NATURE OF OPERATIONS Genesys Industries, Inc. (the “Company”), was incorporated on December 9, 2014 under the laws of the State of Florida. Genesys Industries is a diversified multi-industry manufacturer of complex metal components and products. We serve all general industrial markets such as Aerospace, Automotive, Construction, Commercial, Food Processing, Industrial, Maritime, Medical, Railroad, Oil and Gas, Packaging, Telecom, Textiles, Pulp Paper, Transportation and many more. We are a leading vertically integrated precision cnc manufacturing and fabrication company with core emphasis on product design, engineering and precision manufacturing of complex components and products. On January 10, 2017 the Company established a newly formed wholly owned subsidiary named Vinyl Tech Window Systems, LLC (“Vinyl Tech”) in Michigan. The Company has decided not to pursue this business venture and there has been no activity since it was formed. We have received minimal revenue from our operations to date. Initial operations have included organization, target market identification, marketing plans, and capital formation. The Company’s headquarters are in Palmetto, Florida. The Company has adopted its fiscal year end to be June 30.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).The preparation of 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 revenues and expenses during the reporting period. Actual results could differ from those estimates. 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 revenues and expenses during the reporting period. Significant estimates include the estimated useful lives of property and equipment. Actual results could differ from those estimates. Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash. Cash equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents for the years ended June 31, 2017 or 2016. Revenue Recognition The Company follows paragraph 605-15-25 of the FASB Accounting Standards Codification for revenue recognition when the right of return exists. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) The seller's price to the buyer is substantially fixed or determinable at the date of sale, (ii) The buyer has paid the seller, or the buyer is obligated to pay the seller and the obligation is not contingent on resale of the product. If the buyer does not pay at time of sale and the buyer's obligation to pay is contractually or implicitly excused until the buyer resells the product, then this condition is not met., (iii) The buyer's obligation to the seller would not be changed in the event of theft or physical destruction or damage of the product, (iv) The buyer acquiring the product for resale has economic substance apart from that provided by the seller. This condition relates primarily to buyers that exist on paper, that is, buyers that have little or no physical facilities or employees. It prevents entities from recognizing sales revenue on transactions with parties that the sellers have established primarily for the purpose of recognizing such sales revenue, (v) The seller does not have significant obligations for future performance to directly bring about resale of the product by the buyer, and (vi) The amount of future returns can be reasonably estimated if necessary. Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally observable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at June 30, 2017. The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis as of June 31, 2017 or 2016. Fixed Assets Fixed assets are carried at the lower of cost or net realizable value. All fixed assets with a cost of $2,000 or greater are capitalized. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations. Website development Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years. Income taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25. Stock-based Compensation We account for equity-based transactions with nonemployees under the provisions of ASC Topic No. 505-50, Equity-Based Payments to Non-Employees We account for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, Compensation—Stock Compensation, Net income (loss) per common share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. The Company’s diluted loss per share is the same as the basic loss per share for the years ended June 30, 2016 and 2017, as the inclusion of any potential shares would have had an anti-dilutive effect due to the Company generating a loss. Reclassifications Certain reclassifications have been made to the prior year financial information to conform to the presentation used in the consolidated financial statements for the year ended June 30, 2017. Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Going Concern

Going Concern	12 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 3 - GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the accompanying consolidated financial statements, the Company has had minimal revenue, has an accumulated deficit of $57,033 and net cash used in operations of $53,346. These conditions raise substantial doubt about its ability to continue as a going concern. While the Company is attempting to execute its development strategy, the Company’s cash position may not be sufficient to support the Company’s daily operations without significant financing. While the Company believes in the viability of its strategy to produce sales volume and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement its business plan and generate sufficient revenues. The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern. Management believes that the actions presently being taken to further implement its business plan and generate revenues provide the opportunity for the Company to continue as a going concern.

Property & Equipment

Property & Equipment	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Property & Equipment	NOTE 4 - PROPERTY & EQUIPMENT Long lived assets, including property and equipment and certain intangible assets to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Impairment losses are recognized if expected future cash flows of the related assets are less than their carrying values. Measurement of an impairment loss is based on the fair value of the asset. Long-lived assets and certain identifiable intangibles to be disposed of are reported at the lower of carrying amount or fair value less cost to sell. Property and Equipment and intangible assets are first recorded at cost. Depreciation and/or amortization is computed using the straight-line method over the estimated useful lives of the various classes of assets as follows between three and five years. Maintenance and repair expenses, as incurred, are charged to expense. Betterments and renewals are capitalized in plant and equipment accounts. Cost and accumulated depreciation applicable to items replaced or retired are eliminated from the related accounts with any gain or loss on the disposition included as income. Assets stated at cost, less accumulated amortization consisted of the following: June 30, 2017 June 30, 2016 Website development $ 1,850 $ 1,850 Less: accumulated amortization (1,336 ) (719 ) Fixed assets, net $ 514 $ 1,131 Amortization expense Amortization expense for the years ended June 30, 2017 and 2016 was $617 and $616, respectively.

Line of Credit

Line of Credit	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Lines of Credit	NOTE 5 – LINES OF CREDIT The Company has established a line of credit with a commercial bank in the amount of $50,000. This is a revolving business line of credit (BLOC) and bears a fixed interest rate of 7%. The company has also established a corporate business credit card for use in travel related purposes. That line of credit is established at $20,000. Total consolidated revolving credit available under both credit arrangements is approximately $70,000.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Stockholders' Equity	NOTE 6 - STOCKHOLDERS’ EQUITY Common stock Common stock includes 100,000,000 shares authorized at a par value of $0.001. In conjunction with the inception of the Company 10,000 shares of common stock were issued to the founder at par value, $0.001. On May 12, 2016, the founder exchanged his 10,000 shares of common stock for 10,000,000 shares of preferred stock. On May 12, 2016, the Company sold 17,000,000 shares of common stock to the founder at $0.001 per share for total proceeds of $17,000. As of June 30, 2016, $16,900 had not yet been collected and was recorded as a stock subscription receivable. The funds were collected in July 2016. In July 2016, the Company sold 545,000 shares of common stock priced at $0.10 a share under the terms of its most recent registered offering for total cash proceeds of $54,500 Preferred stock On May 19, 2016, the Board of Directors designated a series of preferred stock titled Class B Preferred Stock consisting of 25,000,000 shares with a $0.001 par value. The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote. On May 12, 2016, the Company issued 10,000,000 shares of preferred stock to the founder in exchange for 10,000 shares of common stock.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 7 - RELATED PARTY TRANSACTIONS As of June 30, 2017 and 2016, the Company owed $6,190 and $3,500, respectively in loans payable to its President & CEO. The loans were received to pay for certain operating expenses. They are unsecured, non-interest bearing and due on demand.

Income Tax

Income Tax	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Tax	NOTE 8 — INCOME TAX Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The provision for Federal income tax consists of the following at June 30: 2017 2016 Federal income tax benefit attributable to: Current Operations $ 16,121 $ 2,895 Less: valuation allowance (16,121 ) (2,895 ) Net provision for Federal income taxes $ — $ — The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows at June 30: 2017 2016 Deferred tax asset attributable to: Net operating loss carryover $ 19,391 $ 3,270 Less: valuation allowance (19,391 ) (3,270 ) Net deferred tax asset $ — $ — At June 30, 2017, we had net operating loss carryforwards of approximately $57,000 that may be offset against future taxable income through the year 2037. No tax benefit has been reported in the June 30, 2017, consolidated financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carryforwards for federal income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carryforwards may be limited as to use in future years.

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	NOTE 9 - SUBSEQUENT EVENTS In accordance with SFAS 165 (ASC 855-10) management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued on September 17, 2017 and has determined that it does not have any material subsequent events to disclose in these financial statements other than the following.

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).The preparation of 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 revenues and expenses during the reporting period. Actual results could differ from those estimates.
Use of estimates	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 revenues and expenses during the reporting period. Significant estimates include the estimated useful lives of property and equipment. Actual results could differ from those estimates.
Concentrations of Credit Risk	Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. We believe we are not exposed to any significant credit risk on cash.
Cash equivalents	Cash equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents for the years ended June 31, 2017 or 2016.
Revenue Recognition	Revenue Recognition The Company follows paragraph 605-15-25 of the FASB Accounting Standards Codification for revenue recognition when the right of return exists. The Company will recognize revenue when it is realized or realizable and earned. The Company considers revenue realized or realizable and earned when all of the following criteria are met: (i) The seller's price to the buyer is substantially fixed or determinable at the date of sale, (ii) The buyer has paid the seller, or the buyer is obligated to pay the seller and the obligation is not contingent on resale of the product. If the buyer does not pay at time of sale and the buyer's obligation to pay is contractually or implicitly excused until the buyer resells the product, then this condition is not met., (iii) The buyer's obligation to the seller would not be changed in the event of theft or physical destruction or damage of the product, (iv) The buyer acquiring the product for resale has economic substance apart from that provided by the seller. This condition relates primarily to buyers that exist on paper, that is, buyers that have little or no physical facilities or employees. It prevents entities from recognizing sales revenue on transactions with parties that the sellers have established primarily for the purpose of recognizing such sales revenue, (v) The seller does not have significant obligations for future performance to directly bring about resale of the product by the buyer, and (vi) The amount of future returns can be reasonably estimated if necessary.
Fair value of financial instruments	Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally observable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at June 30, 2017. The Company does not have any assets or liabilities measured at fair value on a recurring or a non-recurring basis as of June 31, 2017 or 2016.
Fixed Assets	Fixed Assets Fixed assets are carried at the lower of cost or net realizable value. All fixed assets with a cost of $2,000 or greater are capitalized. Major betterments that extend the useful lives of assets are also capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is recognized in operations.
Website development	Website development Website development is carried at cost. Major betterments that would extend the useful life are capitalized. Normal maintenance and repairs are charged to expense as incurred. When assets are sold or otherwise disposed of, the cost and accumulated amortization are removed from the accounts and any resulting gain or loss is recognized in operations. Website development costs are being amortized on a straight-line basis over three years.
Income taxes	Income taxes The Company follows Section 740-10-30 of the FASB Accounting Standards Codification, which requires recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements or tax returns. Under this method, deferred tax assets and liabilities are based on the differences between the financial statement and tax bases of assets and liabilities using enacted tax rates in effect for the fiscal year in which the differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance to the extent management concludes it is more likely than not that the assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the Statements of Income in the period that includes the enactment date. The Company adopted section 740-10-25 of the FASB Accounting Standards Codification (“Section 740-10-25”) with regards to uncertainty income taxes. Section 740-10-25 addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under Section 740-10-25, the Company may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent (50%) likelihood of being realized upon ultimate settlement. Section 740-10-25 also provides guidance on de-recognition, classification, interest and penalties on income taxes, accounting in interim periods and requires increased disclosures. The Company had no material adjustments to its liabilities for unrecognized income tax benefits according to the provisions of Section 740-10-25.
Stock-based Compensation	Stock-based Compensation We account for equity-based transactions with nonemployees under the provisions of ASC Topic No. 505-50, Equity-Based Payments to Non-Employees We account for employee stock-based compensation in accordance with the guidance of FASB ASC Topic 718, Compensation—Stock Compensation,
Net income (loss) per common share	Net income (loss) per common share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. The Company’s diluted loss per share is the same as the basic loss per share for the years ended June 30, 2016 and 2017, as the inclusion of any potential shares would have had an anti-dilutive effect due to the Company generating a loss.
Reclassifications	Reclassifications Certain reclassifications have been made to the prior year financial information to conform to the presentation used in the consolidated financial statements for the year ended June 30, 2017.
Recently issued accounting pronouncements	Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the consolidated financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Property & Equipment (Tables)

Property & Equipment (Tables)	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Less accumulated depreciation	Assets stated at cost, less accumulated amortization consisted of the following: June 30, 2017 June 30, 2016 Website development $ 1,850 $ 1,850 Less: accumulated amortization (1,336 ) (719 ) Fixed assets, net $ 514 $ 1,131

Income Tax (Tables)

Income Tax (Tables)	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Provision for Federal income tax	2017 2016 Federal income tax benefit attributable to: Current Operations $ 16,121 $ 2,895 Less: valuation allowance (16,121 ) (2,895 ) Net provision for Federal income taxes $ — $ —
Net deferred tax amount	2017 2016 Deferred tax asset attributable to: Net operating loss carryover $ 19,391 $ 3,270 Less: valuation allowance (19,391 ) (3,270 ) Net deferred tax asset $ — $ —

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated Deficit	$ (57,033)	$ (9,619)
Net cash used in operations	$ (53,346)	$ (650)

Property & Equipment - Less acc

Property & Equipment - Less accumulated depreciation (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Website development	$ 1,850	$ 1,850
Less: accumulated depreciation	(1,336)	(719)
Fixed assets, net	$ 514	$ 1,131

Property & Equipment (Details N

Property & Equipment (Details Narrative) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Depreciation Expense	$ 617	$ 616

Line of Credit (Details Narrati

Line of Credit (Details Narrative)	Jun. 30, 2017USD ($)
Consolidated revolving credit	$ 70,000
Commercial Bank
Consolidated revolving credit	$ 50,000
Interest rate	7.00%
Credit Card
Consolidated revolving credit	$ 20,000

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	2 Months Ended	4 Months Ended	12 Months Ended
	Jun. 30, 2017	May 12, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 09, 2014
Common stock shares authorized	100,000,000		100,000,000	100,000,000
Common stock par value	$ .001		$ .001	$ .001
Common stock issued	17,545,000		17,545,000	17,000,000
Preferred stock shares authorized	25,000,000		25,000,000	25,000,000
Preferred stock par value	$ 0.001		$ 0.001	$ 0.001
Preferred stock conversion			The Preferred Stock constitutes a convertible stock in which (1) one Preferred Share is convertible into (5) five Common Shares. The Preferred Stock holders are entitled to vote on any matters on which the common stock holders are entitled to vote.
Proceeds from sale of common stock	$ 54,500
Common stock sold	545,000
Common stock sold, price per share	$ .10		$ .10
Stock subscription receivable				$ 16,900
Class B Preferred Stock
Preferred stock shares authorized	25,000,000		25,000,000	25,000,000
Preferred stock par value	$ 0.001		$ 0.001	$ 0.001
Preferred stock issued	10,000,000		10,000,000	10,000,000
Founder
Common stock par value					$ .001
Common stock issued		10,000			10,000
Preferred stock issued		10,000,000
Preferred stock, from exchange of common shares		10,000
Proceeds from sale of common stock		$ 17,000
Stock subscription receivable				$ 16,900

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
President & CEO
Loans payable	$ 6,190	$ 3,500

Income Tax - Provision for Fede

Income Tax - Provision for Federal income tax (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Federal income tax benefit attributable to:
Current Operations	$ 2,895	$ 16,121
Less: valuation allowance	(2,895)	(16,121)
Net provision for Federal income taxes

Income Tax - Net deferred tax a

Income Tax - Net deferred tax amount (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Deferred tax asset attributable to:
Net operating loss carryover	$ 19,391	$ 3,270
Less: valuation allowance	(19,391)	(3,270)
Net deferred tax asset

Income Tax (Details Narrative)

Income Tax (Details Narrative)	12 Months Ended
	Jun. 30, 2017USD ($)
Income Tax Disclosure [Abstract]
Income tax rate	34.00%
Net operating loss carryforwards	$ 57,000