NOTE 5 - CAPITAL STOCK	12 Months Ended
Jun. 30, 2020
Notes
NOTE 5 - CAPITAL STOCK	NOTE 5 – STOCKHOLDERS' EQUITY Preferred Stock The Company is authorized to issue 10,000,000 shares of preferred stock. The authorized preferred shares are non-voting and the Board of Directors has not designated any liquidation value or dividend rates. During the financial years ended June 30, 2020 and 2019 no shares of preferred stock were issued or outstanding. Common Stock The Company is authorized to issue 250,000,000 shares of common stock with no par value. The holders of the Company's common stock are entitled to one vote for each share held of record on all matters to be voted on by those stockholders. Common Stock Issuances During the year ended June 30, 2020 the Company issued 1,822,000 shares of common stock for cash at an average of $0.009 per share, yielding total cash proceeds of $15,415. In addition, the Company issued 2,238,095 shares of common stock for obtaining a settlement in a patent matter valued at $44,762 for an average of $0.02 per share. The company recorded an accrual in the amount of $38,048 in the annual financial statements ended June 30, 2019. An additional loss of $6,714 was recorded during the year ended June 30, 2020. The shares issued for obtaining a settlement in a patent matter were valued at the trading price of the common stock on the date the shares were issued. During the year ended June 30, 2019 the Company issued 6,500,000 shares of common stock for cash at an average of $0.013 per share, yielding total cash proceeds of $84,491. In addition, the Company issued 844,000 shares of common stock for services valued at $18,652, for an average of $0.0221 per share. Stock Options From time to time, the Company may issue stock options pursuant to various agreements and other contemporary agreements. At June 30, 2020 and 2019, and during the years ended June 30, 2020 and 2019, no options were issued or outstanding. Treasury Shares The Company holds 53,756 of its common stock as treasury stock, which is valued at cost of $19,387, at June 30, 2020 and 2019.

NOTE 5 - CAPITAL STOCK

12 Months Ended

Jun. 30, 2020

NOTE 5 – STOCKHOLDERS' EQUITY

Preferred Stock

The Company is authorized to issue 10,000,000 shares of preferred stock. The authorized preferred shares are non-voting and the Board of Directors has not designated any liquidation value or dividend rates. During the financial years ended June 30, 2020 and 2019 no shares of preferred stock were issued or outstanding.

Common Stock

The Company is authorized to issue 250,000,000 shares of common stock with no par value. The holders of the Company's common stock are entitled to one vote for each share held of record on all matters to be voted on by those stockholders.

Common Stock Issuances

During the year ended June 30, 2020 the Company issued 1,822,000 shares of common stock for cash at an average of $0.009 per share, yielding total cash proceeds of $15,415. In addition, the Company issued 2,238,095 shares of common stock for obtaining a settlement in a patent matter valued at $44,762 for an average of $0.02 per share. The company recorded an accrual in the amount of $38,048 in the annual financial statements ended June 30, 2019. An additional loss of $6,714 was recorded during the year ended June 30, 2020. The shares issued for obtaining a settlement in a patent matter were valued at the trading price of the common stock on the date the shares were issued.

During the year ended June 30, 2019 the Company issued 6,500,000 shares of common stock for cash at an average of $0.013 per share, yielding total cash proceeds of $84,491. In addition, the Company issued 844,000 shares of common stock for services valued at $18,652, for an average of $0.0221 per share.

Stock Options

From time to time, the Company may issue stock options pursuant to various agreements and other contemporary agreements. At June 30, 2020 and 2019, and during the years ended June 30, 2020 and 2019, no options were issued or outstanding.

Treasury Shares

The Company holds 53,756 of its common stock as treasury stock, which is valued at cost of $19,387, at June 30, 2020 and 2019.