Loans, Debt Disclosure	6 Months Ended
Dec. 31, 2018
Notes
Loans, Debt Disclosure	Note 6. Loans Loans in the Company’s balance sheet is made up of: 1. The Company has an unsecured loan from a third party with balance outstanding at December 31, 2018 of $34,426 (June 30, 2018 $38,281). Interest is calculated at a rate of 20% per annum with interest of $1,775 and $2,128 taken up in the three months ended December 31, 2018 and December 31, 2017 respectively. In the six months ended December 31, 2018 and December 31, 2017 respectively, the Company took up interest of $3,646 and $4,334. The Company is making principal and interest payments for the loan of $1,250 per month, which will increase when cash flow allows. 2. The Company has outstanding unsecured loans totalling $70,295 from shareholders at December 31, 2018 and June 30, 2018. The terms of the loans provide that if they are not repaid by the loan anniversary (December 31 each year), the Company will issue 16,667 shares of common stock for each $5,000 of the loan outstanding in lieu of interest. At December 31, 2018, the Company had accumulated interest on the loans of $6,481 calculated at the Company’s prevailing share price, which included $1,269 for the three months ended December 31, 2018. The interest will be converted to shares of common stock as stated above. 3. In 2018, the Company issued Convertible Notes which totalled $607,500 at December 31, 2018 (balance at June 30, 2018 $585,000) to fund production of its fflya systems. Two issues were made as follows: The first convertible note for $337,500 finances the initial 15 system shipsets. Terms of the issue are: - Interest rate: 20% per annum, payable monthly in arrears - Conversion price: $0.03 per share. - Maturity date: December 1, 2020 A second convertible note issue for $270,000 is to finance a further 12 system shipsets, on the following terms: - Interest rate: 20% per annum, payable monthly in arrears - Conversion price: $0.05 per share - Maturity date: December 1, 2020 In return for providing system funding, each investor will receive a royalty for a period of three years on each shipset on terms to be agreed, based on the net revenue received once the systems commence operation,. To date, no systems have been installed and no royalties have been paid. None of the Notes have been converted to shares to date.

Loans, Debt Disclosure

6 Months Ended

Dec. 31, 2018

Note 6. Loans

Loans in the Company’s balance sheet is made up of:

1. The Company has an unsecured loan from a third party with balance outstanding at December 31, 2018 of $34,426 (June 30, 2018 $38,281). Interest is calculated at a rate of 20% per annum with interest of $1,775 and $2,128 taken up in the three months ended December 31, 2018 and December 31, 2017 respectively. In the six months ended December 31, 2018 and December 31, 2017 respectively, the Company took up interest of $3,646 and $4,334. The Company is making principal and interest payments for the loan of $1,250 per month, which will increase when cash flow allows.

2. The Company has outstanding unsecured loans totalling $70,295 from shareholders at December 31, 2018 and June 30, 2018. The terms of the loans provide that if they are not repaid by the loan anniversary (December 31 each year), the Company will issue 16,667 shares of common stock for each $5,000 of the loan outstanding in lieu of interest. At December 31, 2018, the Company had accumulated interest on the loans of $6,481 calculated at the Company’s prevailing share price, which included $1,269 for the three months ended December 31, 2018. The interest will be converted to shares of common stock as stated above.

3. In 2018, the Company issued Convertible Notes which totalled $607,500 at December 31, 2018 (balance at June 30, 2018 $585,000) to fund production of its fflya systems. Two issues were made as follows:

The first convertible note for $337,500 finances the initial 15 system shipsets. Terms of the issue are:

- Interest rate: 20% per annum, payable monthly in arrears

- Conversion price: $0.03 per share.

- Maturity date: December 1, 2020

A second convertible note issue for $270,000 is to finance a further 12 system shipsets, on the following terms:

- Interest rate: 20% per annum, payable monthly in arrears

- Conversion price: $0.05 per share

- Maturity date: December 1, 2020

In return for providing system funding, each investor will receive a royalty for a period of three years on each shipset on terms to be agreed, based on the net revenue received once the systems commence operation,. To date, no systems have been installed and no royalties have been paid. None of the Notes have been converted to shares to date.