RELATED PARTY TRANSACTIONS

9 Months Ended

Mar. 31, 2024

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 10 – RELATED PARTY TRANSACTIONS

Consulting fees

During the nine months ended March 31, 2024 and 2023, the Company recorded $149,500 and $150,000 respectively, in consulting fees to Ancient Investments, LLC, a Company owned by the Company’s CEO, Keith Duffy and the Company’s Executive Director of Corporate Operations, Scott Duffy. During the three months ended March 31, 2024 and 2023, the Company recorded $50,000 and $40,000 respectively, in consulting fees to Ancient Investments, LLC. As of March 31, 2024 and June 30, 2023, $2,500 and $10,000 was accrued, respectively.

For the nine months ended March 31, 2024 and 2023, the Company recorded $51,000 and $77,000 respectively, in consulting fees to Edward DeFeudis, a Director of the Company. During the three months ended March 31, 2024 and 2023, the Company recorded $15,000 and $25,000 respectively, in consulting fees to Edward DeFeudis. As of March 31, 2024 and June 30, 2023, $5,000 was accrued.

During the nine months ended March 31, 2024 and 2023, the Company recorded $46,000 and $49,000 respectively, in consulting fees to AMP Web Services, a Company owned by the Company’s CTO, Pablo Lavigna. During the three months ended March 31, 2024 and 2023, the Company recorded $17,000 and $14,000 respectively, in consulting fees to Pablo Lavigna. As of March 31, 2024 and June 30, 2023, $0 was accrued.

During the nine months ended March 31, 2024 and 2023, the Company recorded $17,500 and $20,000 respectively, in consulting fees to Keystone Business Development Partners, a Company owned by the Company’s CFO, Brian Carey. During the three months ended March 31, 2024 and 2023, the Company recorded $7,500 and $5,000 respectively, in consulting fees to Keystone Business Development Partners.  As of March 31, 2024 and June 30, 2023, $0 and $5,000 was accrued, respectively.