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Secured Note Payable	6 Months Ended
Dec. 31, 2019
Notes to Financial Statements
Secured Note Payable	NOTE 15. SECURED NOTE PAYABLE On June 11, 2019, the Company entered into an agreement with a secured lender, whereby the lender agreed to loan OneUp a total of $150,000. Repayment of this note is by 78 weekly payments of $2,327. On November 7,2019, the Company received an additional $33,000 under this loan. On December 31, 2019, the balance owed under this note payable was $137,060. This note payable is guaranteed by the Company and is personally guaranteed by the Company’s CEO and controlling shareholder, Louis S. Friedman. On June 28, 2019, the Company entered into an agreement with Amazon, whereby Amazon agreed to loan OneUp a total of $302,000. Repayment of this note is by 12 monthly payments of $26,301, which includes interest at 8.22%. On December 31, 2019, the balance owed under this note payable was $179,166. The Company has granted Amazon a security interest in certain assets of the Company. On November 27, 2019 the Company entered into an agreement with OnDeck, whereby OnDeck agreed to loan OneUp a total of $200,000. Terms for this loan calls for a repayment of $234,000 which includes a one-time finance charge of $34,000, approximately nine months after the funding date. A 1% loan origination fee was deducted, and the Company received net proceeds of $198,000. On December 31, 2019, the balance owed under this note payable was $177,731. This loan is guaranteed by the Company and is personally guaranteed by the Company’s CEO and controlling shareholder.

Secured Note Payable

6 Months Ended

Dec. 31, 2019

NOTE 15. SECURED NOTE PAYABLE

On June 11, 2019, the Company entered into an agreement with a secured lender, whereby the lender agreed to loan OneUp a total of $150,000. Repayment of this note is by 78 weekly payments of $2,327. On November 7,2019, the Company received an additional $33,000 under this loan. On December 31, 2019, the balance owed under this note payable was $137,060. This note payable is guaranteed by the Company and is personally guaranteed by the Company’s CEO and controlling shareholder, Louis S. Friedman.

On June 28, 2019, the Company entered into an agreement with Amazon, whereby Amazon agreed to loan OneUp a total of $302,000. Repayment of this note is by 12 monthly payments of $26,301, which includes interest at 8.22%. On December 31, 2019, the balance owed under this note payable was $179,166. The Company has granted Amazon a security interest in certain assets of the Company.

On November 27, 2019 the Company entered into an agreement with OnDeck, whereby OnDeck agreed to loan OneUp a total of $200,000. Terms for this loan calls for a repayment of $234,000 which includes a one-time finance charge of $34,000, approximately nine months after the funding date. A 1% loan origination fee was deducted, and the Company received net proceeds of $198,000. On December 31, 2019, the balance owed under this note payable was $177,731. This loan is guaranteed by the Company and is personally guaranteed by the Company’s CEO and controlling shareholder.