Emerge Health International (MTWD) 10-Q 17 Feb 15 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Dec. 31, 2014	Feb. 13, 2015
Document And Entity Information
Entity Registrant Name	METWOOD INC.
Entity Central Index Key	32567
Document Type	10-Q
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-24
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		15,221,647
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2014

Consolitated_Balance_Sheets

Consolitated Balance Sheets (USD $)	Dec. 31, 2014	Jun. 30, 2014
Current Assets
Cash and cash equivalents	$63,714	$36,836
Accounts receivable, net	160,042	149,671
Inventory	725,417	815,192
Other current assets	19,375	44,356
Total current assets	968,548	1,046,055
Leasehold and land improvements	342,828	342,828
Furniture, fixtures and equipment	78,222	78,222
Computer hardware, software and peripherals	175,207	175,207
Machinery and shop equipment	477,166	467,166
Vehicles	392,024	387,443
Total	1,466,174	1,450,866
Less accumulated depreciation	-1,106,551	-1,071,802
Net property and equipment	359,623	379,064
Deferred tax asset, less valuation reserve	248,147	246,163
Total Other Assets	248,147	246,163
TOTAL ASSETS	1,576,318	1,671,282
Current Liabilities
Accounts payable	101,900	224,262
Customer deposits	87,459	13,166
Total current liabilities	189,359	237,428
Due to related company	77,901	94,815
Total long-term liabilities	77,901	94,815
Total liabilities	267,260	332,243
Common stock, $.001 par, 100,000,000 shares authorized; 15,221,647 shares issued and outstanding at December 31,2014	15,222	15,222
Common stock not yet issued ($.001 par, 8,150 shares) December 31, 2014 and June 30, 2014, respectively		8
Preferred Stock, $.001 par, 40000000 shares authorized; 0 shares issued and outstanding at Decmber 31, 2014
Additional paid-in capital	1,899,781	1,899,773
Retained earnings	-605,945	-575,964
Total stockholders' equity	1,309,058	1,339,039
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$1,576,318	$1,671,282

Consolitated_Balance_Sheets_Pa

Consolitated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Jun. 30, 2014
Statement of Financial Position [Abstract]
Common Stock, par value	$0.00	$0.00
Common Stock Authorized	100,000,000	100,000,000
Common Stock Issued and outstanding	15,221,647	15,221,647
Common Stock not issued	8,150	8,150
Par Value	$0.00	$0.00

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
REVENUES
Gross of sales	$505,504	$418,219	$891,207	$1,075,984
Cost of sales	-277,014	-227,780	-537,601	-625,496
Gross profit	228,490	190,439	353,606	450,450,488
ADMINISTRATIVE EXPENSES
Advertising	7,651	3,545	12,909	5,918
Depreciation	6,894	4,715	13,788	9,827
Insurance	4,490	5,165	14,998	11,107
Payroll expenses		110,256	100,787
Professional fees	11,220	17,465	34,424	20,272
Rent	19,310	18,775	38,620	37,025
Vehicle	5,394	6,872	11,712	13,439
Other	28,317	28,775	52,421	56,046
Total administrative expenses	177,740	202,219	373,973	380,797
Operating income (loss)	50,750	-11,780	-20,367	69,691
Other income (expense)	-9,636	-6,578	-11,599	-6,363
Income (loss) before income tax benifit	41,114	-18,358	-31,966	63,328
Income tax (benefit)	886	10,906	-1,984	10,906
Net (loss)	$40,228	($29,264)	($29,982)	$52,422
Basic and diluted deficit per share	$0	$0	$0	$0
Weighted average number of shares	15,221,647	15,221,647	15,221,647	15,221,647

Consolitated_Statements_of_Cas

Consolitated Statements of Cash Flows (USD $)	6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Statement of Cash Flows [Abstract]
Net income loss	($29,982)	$52,422
Depreciation,net of property disposals	34,749	34,483
Provision for deferred income taxes	-1,984	10,906
Accounts receivable	6,703	47,259
Inventory	89,775	-69,026
Other operating assets	7,906	-14,291
Accounts payable and accrued expenses	-48,068	-137,421
Net cash provided from (used for) operating activities	59,099	-75,668
INVESTING ACTIVITIES
Capital asset expenditures	-15,307	-20,176
Net cash provided by investing activities	-15,307	-20,176
FINANCING ACTIVITIES
Decrease in borrowings from related party	-16,914	-2,674
Net cash (used-in) financing activities	-16,914	-2,674
Net increase (decrease) in cash	26,878	-98,518
Cash, beginning of the year	36,836	174,650
Cash, end of the period	$63,714	$76,132

NOTE_1_ORGANIZATION_AND_OPERAT

NOTE 1 - ORGANIZATION AND OPERATIONS	6 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 1 - ORGANIZATION AND OPERATIONS
	NOTE 1 - ORGANIZATION AND OPERATIONS
	The Company was incorporated under the laws of the State of Wyoming on June 19, 1969. On January 28, 2000, the Company, through a majority shareholder vote, changed its domicile to Nevada through a merger with EMC Energies, Inc., a Nevada corporation. The Company also changed its par value to $.001 and the amount of authorized common stock to 100,000,000 shares.
	Prior to 1990, the Company was engaged in the business of exploring for and producing oil and gas in the Rocky Mountain and mid-continental areas of the United States. The Company liquidated substantially all of its assets in 1990 and was dormant until June 30, 2000, when it acquired, in a stock-for-stock, tax-free exchange, all of the outstanding common stock of a privately held Virginia corporation, Metwood, Inc. ("Metwood"), which was incorporated in 1993. Metwood has been in the metal and metal/wood construction materials manufacturing business since 1992. Following the acquisition, the Company approved a name change from EMC Energies, Inc. to Metwood, Inc.
	Effective January 1, 2002, Metwood acquired certain assets of Providence Engineering, PC ("Providence"), a professional engineering firm with customers in the same proximity as Metwood, for $350,000 and accounted for the transaction under the purchase method of accounting. As of June 30, 2012, Providence was no longer an operating segment of the Company. We concluded that the majority of the engineering portion of the business can best be handled through a strategic partnership with an outside engineering firm. We believe that continuing research and development efforts will soon enable us to meet code requirements for our products and will eliminate the need for individual engineering seals.
	Metwood provides construction-related products and engineering services to residential customers and contractors, commercial contractors, developers and retail enterprises, primarily in southwestern Virginia.

NOTE_2_SUMMARY_OF_SIGNIFICANT_

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
NOTE 2 -SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES
	Basis of Presentation - The accompanying unaudited condensed financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and six-month periods ended December 31, 2014 are not necessarily indicative of the results that may be expected for the year ended June 30, 2015. The condensed balance sheet at June 30, 2014 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
	For further information, refer to the consolidated financial statements and footnotes thereto included in Metwood, Inc.'s annual report on Form 10-K for the year ended June 30, 2014.
	Fair Value of Financial Instruments - For certain of the company's financial instruments, none of which are held for trading, including cash, accounts receivable, accounts payable and accrued expenses, the carrying amounts approximate fair value due to their short maturities.
	Management's Use of Estimates - 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, disclosures of contingent assets and liabilities at the date of financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
	Accounts Receivable - We grant credit in the form of unsecured accounts receivable to our customers based on an evaluation of their financial condition. We perform ongoing credit evaluations of our customers. The estimate of the allowance for doubtful accounts, which is charged off to bad debt expense, is based on management’s assessment of current economic conditions and historical collection experience with each customer. At December 31, 2014, the allowance for doubtful accounts was $7,877. Specific customer receivables are considered past due when they are
	outstanding beyond their contractual terms and are charged off to bad debt expense when they are determined to be uncollectible. For the three and six months ended December 31, 2014 and December 31, 2013, the amount of bad debts charged off was $-0-.
	Inventory - Inventory, consisting of metal and wood raw materials, is located on our premises and is stated at the lower of cost or market using the first-in, first-out method.
	Property and Equipment - Property and equipment are recorded at cost and include expenditures for improvements when they substantially increase the productive lives of existing assets. Maintenance and repair costs are expensed to operations as incurred. Depreciation is computed using the straight- line method over the assets' estimated useful lives, which range from three to forty years. When a fixed asset is disposed of, its cost and related accumulated depreciation are removed from the accounts. The difference between undepreciated cost and the proceeds is recorded as a gain or loss.
	Impairment of Long-lived Assets - We evaluate our long-lived assets for indications of possible impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability is measured by comparing the carrying amounts to the future net undiscounted cash flows which the assets are expected to generate. Should an impairment exist, the impairment would be measured by the amount by which the carrying amount of the assets exceeds the projected discounted future cash flows arising from the asset. There have been no such impairments of long-lived assets through December 31, 2014.
	Patents - We have been assigned several key product patents developed by certain company officers. No value has been recorded in our financial statements because the fair value of the patents was not determinable within reasonable limits at the date of assignment.
	Revenue Recognition - Revenue is recognized when goods are shipped and earned or when services are performed, provided collection of the resulting receivable is probable. If any material contingencies are present, revenue recognition is delayed until all material contingencies are eliminated. Further, no revenue is recognized unless collection of the applicable consideration is probable.
	Income Taxes - Income taxes are accounted for in accordance with SFAS No. 109, "Accounting for Income Taxes." A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and for net operating loss carryforwards, where applicable. 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 the entire deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment.
	Research and Development - We perform research and development on our metal/wood products, new product lines, and new patents. Costs, if any, are expensed as they are incurred. Research and development costs for the three and six months ended December 31, 2014 were $3,500 and $5,092, respectively. Research and development costs for the three and six months ended December 31, 2013 were $1,940 and $6,417, respectively.
	Earnings Per Common Share - Basic earnings per share amounts are based on the weighted average shares of common stock outstanding. If applicable, diluted earnings per share would assume the conversion, exercise or issuance of all potential common stock instruments such as options, warrants and convertible securities, unless the effect is to reduce a loss or increase earnings per share. This presentation has been adopted for the quarters presented. There were no adjustments required to net income for the years presented in the computation of diluted earnings per share.
	Recent Accounting Pronouncements - In January 2015, the Financial Accounting Standards Board (“FASB”) issued Update No. 2015-01—Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. This Update eliminates from GAAP the concept of extraordinary items. It is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The effective date is the same for both public business entities and all other entities. We do not expect this ASU to have a material impact on our financial statements.
	In December 2014, FASB issued Accounting Standards Update (“ASU”) No. 2014-18—Business Combinations (Topic 805): Accounting for Identifiable Intangible Assets in a Business Combination (a consensus of the Private Company Council). This standard requires that existing customer-related intangible assets and noncompetition agreements shall continue to be measured in accordance with Topic 350 and should not be subsumed into goodwill upon adoption of this guidance. This standard is effective for the first transaction within the scope of the accounting alternative that occurs in fiscal years beginning after December 15, 2015 and for interim and annual periods thereafter. If the first transaction occurs in a fiscal year beginning after December 15, 2016, then this is effective for the interim period that includes the date of the transaction and for interim and annual periods thereafter. We do not expect this ASU to have a material impact on our financial statements.

NOTE_3_EARNINGS_PER_SHARE

NOTE 3 - EARNINGS PER SHARE	6 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
NOTE - EARNINGS PER SHARE
	NOTE 3 - EARNINGS PER SHARE
	Net income (loss) and earnings per share for the three and six months ended December 31, 2014 and 2013 are as follows:
		For the Three Months Ended					For the Six Months Ended
		December 31,					December 31,
		2014		2013			2014			2013
	Net income (loss)	$	40,228	$	(29,264	)	$	(29,982	)	$	52,422
	Earnings per share - basic and fully diluted	$	**	$	**		$	**		$	**
	Weighted average number of shares		15,221,647		15,221,647			15,221,647			15,221,647
	**Less than $0.01

NOTE_4_SUPPLEMENTAL_CASH_FLOW_

NOTE 4 - SUPPLEMENTAL CASH FLOW INFORMAITON	6 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
NOTE 4 - SUPPLEMENTAL CASH FLOW INFORMATION	NOTE 4 – SUPPLEMENTAL CASH FLOW INFORMATION
	Supplemental disclosures of cash flow information for the three and six months ended December 31, 2014 and 2013 are summarized as follows :
		For the Three Months Ended				For the Six Months Ended
		December 31,				December 31,
		2014		2013		2014		2013
	Cash paid for:
	Income taxes	$	—	$	—	$	—	$	—
	Interest	$	1,283	$	6,312	$	2,716	$	6,312

NOTE_5_RELATED_PARTY_TRANSACTO

NOTE 5 - RELATED PARTY TRANSACTONS	6 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
NOTE 5 - RELATED PARTY TRANSACTIONS	NOTE 5 - RELATED-PARTY TRANSACTIONS
	From time to time, we contract with a company related through common ownership for building and grounds-related maintenance services. The related party is Cahas Mountain Properties in which Robert Callahan, our Chief Executive Officer, is a Managing Member. Fees paid to the related company for the three and six months ended December 31, 2014 and 2013 were $-0- and $2.235, respectively. For the three and six months ended December 31, 2014, we had sales of $7,269 and $16,645, respectively, to the company referred to above. For the three and six months ended December 31, 2013, we had sales of $496 and $5,259, respectively to the company. As of December 31, 2014 and 2013, the related receivable was $-0- and $-0-, respectively. See also Note 6.

NOTE_6_OPERATING_LEASE_COMMITM

NOTE 6 - OPERATING LEASE COMMITMENTS	6 Months Ended
	Dec. 31, 2014
Notes to Financial Statements
NOTE 6 - OPERATING LEASE COMMITMENTS	NOTE 6 - OPERATING LEASE COMMITMENTS
	On January 3, 2005, the Company entered into a ten-year commercial operating lease with a company related through common ownership. The related party is Cahas Mountain Properties in which Robert Callahan, our Chief Executive Officer, is a Managing Member. The lease covers various buildings and property which house our manufacturing plant, executive offices and other buildings with a current monthly rental of $7,000. The lease expired on December 31, 2014, and discussions are currently ongoing as this lease is renegotiated. For the three-month periods ended December 31, 2014 and 2013, we recognized rent expense for these spaces of $21,000 and $20,400. For each of the six-month periods ended December 31, 2014 and 2013, we recognized rent expense of $35,000 and $40,800.

NOTE_2_SUMMARY_OF_SIGNIFICANT_1

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Basis of Presentation
	Basis of Presentation - The accompanying unaudited condensed financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three-month period ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ended June 30, 2015. The condensed balance sheet at June 30, 2014 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
	For further information, refer to the consolidated financial statements and footnotes thereto included in Metwood, Inc.'s annual report on Form 10-K for the year ended June 30, 2014.
Fair Value of Financial Instruments	Fair Value of Financial Instruments - For certain of the company's financial instruments, none of which are held for trading, including cash, accounts receivable, accounts payable and accrued expenses, the carrying amounts approximate fair value due to their short maturities.
Management's Use of Estimates
	Management's Use of Estimates - 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, disclosures of contingent assets and liabilities at the date of financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Accounts Receivable
	Accounts Receivable - We grant credit in the form of unsecured accounts receivable to our customers based on an evaluation of their financial condition. We perform ongoing credit evaluations of our customers. The estimate of the allowance for doubtful accounts, which is charged off to bad debt expense, is based on management’s assessment of current economic conditions and historical collection experience with each customer. At September 30, 2014, the allowance for doubtful accounts was $7,877. Specific customer receivables are considered past due when they are outstanding beyond their contractual terms and are charged off to bad debt expense when they are determined to be uncollectible. For the three months ended September 30, 2014 and 2013, the amount of bad debts (recovered) charged off was $-0- and $-0-, respectively.
Inventory	Inventory - Inventory, consisting primarily of metal and wood raw materials, is located on our premises and is stated at the lower of cost or market using the first-in, first-out method.
Property and Equipment
	Property and Equipment - Property and equipment are recorded at cost and include expenditures for improvements when they substantially increase the productive lives of existing assets. Maintenance and repair costs are expensed to operations as incurred. Depreciation is computed using the straight- line method over the assets' estimated useful lives, which range from three to forty years. When a fixed asset is disposed of, its cost and related accumulated depreciation are removed from the accounts. The difference between undepreciated cost and the proceeds is recorded as a gain or loss.
Impairment of Long-lived Assets
	Impairment of Long-lived Assets - We evaluate our long-lived assets for indications of possible impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability is measured by comparing the carrying amounts to the future net undiscounted cash flows which the assets are expected to generate. Should an impairment exist, the impairment would be measured by the amount by which the carrying amount of the assets exceeds the projected discounted future cash flows arising from the asset. There have been no such impairments of long-lived assets through September 30, 2014.
	.
Patents
	Patents - We have been assigned several key product patents developed by certain company officers. No value has been recorded in our financial statements because the fair value of the patents was not determinable within reasonable limits at the date of assignment.
Revenue Recognition	Revenue Recognition - Revenue is recognized when goods are shipped and earned or when services are performed, provided collection of the resulting receivable is probable. If any material contingencies are present, revenue recognition is delayed until all material contingencies are eliminated. Further, no revenue is recognized unless collection of the applicable consideration is probable.
Income Taxes
	Income Taxes - Income taxes are accounted for in accordance with SFAS No. 109, "Accounting for Income Taxes." A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and for net operating loss carryforwards, where applicable. 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 the entire deferred tax asset will not be realized. Deferred tax assets and liabilities are adjusted for the effect of changes in tax laws and rates on the date of enactment.
Research and Development	Research and Development - We perform research and development on our metal/wood products, new product lines, and new patents. Costs, if any, are expensed as they are incurred. Research and development costs for the three months ended September 30, 2014 and 2013 were $1,592 and $4,477, respectively.
Earnings Per Common Shares		For the Three Months Ended					For the Six Months Ended
		December 31,					December 31,
		2014		2013			2014			2013
	Net income (loss)	$	40,228	$	(29,264	)	$	(29,982	)	$	52,422
	Earnings per share - basic and fully diluted	$	**	$	**		$	**		$	**
	Weighted average number of shares		15,221,647		15,221,647			15,221,647			15,221,647
	**Less than $0.01
Recent Accounting Pronouncements	Recent Accounting Pronouncements – In May 2014, the FASB issued ASU No. 2014-09,
	Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09"). With ASU 2014-09, the FASB supersedes the revenue recognition requirements of Topic 605, Revenue Recognition, and most industry-specific guidance. ASU 2014-09 sets forth an entirely new revenue recognition model, codified in FASB ASC 606-10, requiring that contracts be identified, performance obligations be identified, the transaction price be determined and allocated to performance obligations, and revenue be recognized upon satisfaction of performance obligations. ASU 2014-09 is effective for public companies for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is not permitted.
	Recent Accounting Pronouncements - In May 2014, the FASB issued ASU No. 2014-09, Revenue
	from Contracts with Customers (Topic 606) (“ASU 2014-09"). With ASU 2014-09, the FASB
	FASB supersedes the revenue recognition requirements of Topic 605, Revenue Recognition, and most industry-specific guidance. ASU 2014-09 sets forth an entirely new revenue recognition model, codified in FASB ASC 606-10, requiring that contracts be identified, performance obligations be identified, the transaction price be determined and allocated to performance obligations, and revenue be recognized upon satisfaction of performance obligations. ASU 2014-09 is effective for public companies for annual periods beginning after December 15, 2016 and interim periods within those annual periods. Early adoption is not permitted.
	In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, “Presentation of an Unrecognized Tax Benefit when a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” This standard requires an entity to present unrecognized tax benefits as a reduction to deferred tax assets when a net operating loss carryforward, similar tax loss or a tax credit carryforward exists, with limited exceptions. This standard is effective for fiscal years beginning on or after December 15, 2013, and for interim periods within those fiscal years. We are currently assessing the potential impact of ASU No. 2013-11 on our financial statements.

NOTE_3_EARNINGS_PER_SHARE_TABL

NOTE 3 - EARNINGS PER SHARE (TABLE) (Tables)	6 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
EARNINGS PER SHARE		For the Three Months Ended					For the Six Months Ended
		December 31,					December 31,
		2014		2013			2014			2013
	Net income (loss)	$	40,228	$	(29,264	)	$	(29,982	)	$	52,422
	Earnings per share - basic and fully diluted	$	**	$	**		$	**		$	**
	Weighted average number of shares		15,221,647		15,221,647			15,221,647			15,221,647
	**Less than $0.01

NOTE_4_SUPPLEMENTAL_CASH_FLOW_1

NOTE 4 - SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	6 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Income Taxes
		For the Three Months Ended				For the Six Months Ended
		December 31,				December 31,
		2014		2013		2014		2013
	Cash paid for:
	Income taxes	$	—	$	—	$	—	$	—
	Interest	$	1,283	$	6,312	$	2,716	$	6,312

NOTE_3_EARNINGS_PER_SHARE_NOTE

NOTE 3 - EARNINGS PER SHARE - NOTE 3 - EARNINGS PER SHARE (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Net income (loss)	$40,228	($29,264)	($29,982)	$52,422
Deficit per share - basic and fully diluted
Weighted average number of shares	15,221,647	15,221,647	15,221,647	15,221,647

NOTE_4_SUPPLEMENTAL_CASH_FLOW_2

NOTE 4 - SUPPLEMENTAL CASH FLOW INFORMATION - Income Taxes (Details) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Supplemental Cash Flow Elements [Abstract]
Income taxes
Interest	$1,283	$6,312	$2,716	$6,312

NOTE_1_ORGANIZATION_AND_OPERAT1

NOTE 1 - ORGANIZATION AND OPERATIONS (Details Narrative) (USD $)	Jan. 01, 2002
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Acquisition of Assets	$350,000

NOTE_2_SUMMARY_OF_SIGNIFICANT_2

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES (Details Narrative) (USD $)	3 Months Ended	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2014
Accounting Policies [Abstract]
Allowance for doubtful accounts		$7,877
Bad debts

NOTE_5_RELATED_PARTY_TRANSACTI

NOTE 5 -- RELATED PARTY TRANSACTIONS (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Related Party Transactions [Abstract]
Sales	$7,269	$496	$16,645	$5,259
Related receivables	0	0	2,235	2,235
Related receivable	$0	$0	$0	$0

NOTE_6_OPERATING_LEASE_COMMITM1

NOTE 6 - OPERATING LEASE COMMITMENTS (Details Narrative) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Notes to Financial Statements
Monthly rental	$7,000		$7,000
Rent Expense	$21,000	$21,000	$35,000	$40,800