Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v3.19.1
INCOME TAXES (Tables)
9 Months Ended
Mar. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of provisions for income taxes

The provisions for income taxes is summarized as follows:

 

    Nine months ended  
March 31, 2019
(Unaudited)
    Nine months ended  
March 31, 2018
(Unaudited)
 
Current   $     $  
Deferred     321,234       309,734  
Increase in valuation allowance     (321,234 )     (309,734 )
Total   $     $  

  

    Three months ended
March 31, 2019
(Unaudited)
    Three months ended  
March 31, 2018  
(Unaudited)
 
Current   $     $  
Deferred     135,250       109,734  
Increase in valuation allowance     (135,250 )     (109,734 )
Total   $     $  

 

Schedule of net deferred tax asset

The Company’s net deferred tax asset as of March 31, 2019 and June 30, 2018 is as follows:

 

    March 31, 2019
(Unaudited)
    June 30, 2018  
Deferred tax asset – Net Operating Loss   $ 1,307,329     $ 986,095  
Valuation allowance     (1,307,329 )     (986,095 )
Net deferred tax asset   $     $