|12 Months Ended|
Jun. 30, 2016
Note 9. Concentrations
For the three months ended June 30, 2016, four vendors represented 32%, 16%, 15% and 13% of the Companys purchases..
For the year ended June 30, 2016, two vendors represented 28% and 14% of the Companys purchases. For the year ended June 30, 2015, two vendors represented 31% and 19% of the Companys purchases. For the year ended March 31, 2016, one vendor represented 10% of the Companys purchases. For the period May 12, 2014 (Inception) through March 31, 2015, three vendors represented 46%, 17% and 10% of the Companys purchases.
The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.
Reference 1: http://www.xbrl.org/2003/role/presentationRef