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SHORT TERM LOAN
 9 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
SHORT TERM LOAN

NOTE 5 – SHORT TERM LOAN

 

As of March 31, 2025 and June 30, 2024, short term loan principals amounted to $530,000 and $540,750 from unrelated third parties, respectively. Principal repayments for the nine months ended March 31, 2025 and 2024 are $10,750 and $201,941, respectively. Interest paid to the short term loan for the nine months ended March 31, 2025 and 2024 amounted to $55,941 and $55,025, respectively.

 

Short Term Loans

 

        As of March 31, 2025   As of June 30, 2024 
Receiving   Maturity   Principal
Balance
as of
July 1,		   Accrued
Interest		   Principal   Interest   Total
As of
March 31,		   Principal
Balance
as of
July 1,		   Accrued
Interest		   Total
as of
June 30,		   2024
Annualized
percentage		 
Date   Date   2024   Liability   Paid   Paid   2025   2023   Liability   2024   Rate 
1/13/2023   1/13/2024   $-   $27,200   $-   $27,200   $-   $-   $27,200   $27,200    20%
1/19/2023   1/18/2024    300,000    44,086    -    -    344,086    300,000    39,028    339,028    13%
2/6/2023   7/2/2024    750    -    750    -    -    750    -    750    316%
2/25/2023   6/24/2023    100,000    25,626    -    17,160    108,466    100,000    -    100,000    24%
3/1/2023   8/31/2023    10,000    1,667    -    1,250    10,417    10,000    -    10,000    20%
3/1/2023   8/31/2023    50,000    8,333    -    6,250    52,083    50,000    -    50,000    20%
3/1/2023   9/30/2023    30,000    2,250    -    1,749    30,501    30,000    -    30,000    10%
3/1/2023   9/30/2023    50,000    3,000    10,000    2,332    40,668    50,000    -    50,000    10%
Total       $540,750   $112,162   $10,750   $55,941   $586,221   $540,750   $66,228   $606,978    -