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RELATED PARTY TRANSACTIONS
12 Months Ended
Jun. 30, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 4 RELATED PARTY TRANSACTIONS

 

During the year ended June 30, 2024, the Company’s current majority shareholder advanced $969,868 to the Company as working capital and the Company repaid $276,596 to the shareholder. As of June 30, 2024 and 2023, the Company owed its current shareholder of $1,110,196 and $425,142 respectively. The advances are non-interest bearing and are due on demand. Imputed interest amounted to $- and $5,205 for the years ended June 30, 2024 and 2023 and was recorded as paid in capital, respectively.