RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

6 Months Ended

Dec. 31, 2021

Restatement Of Previously Issued Financial Statements

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

NOTE 10. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

Subsequent to the original issuance of the Company’s quarterly financial statements for the year ended June 30, 2021 the Company determined that the following revisions are required

Recognizing revenue of $177,450 resulting from licensing fees paid during the quarter ended March 31,2021 over the term of the license ( 15 years)

Cumulative Effect of Restatement of Previously Issued Financial Statements for the Year Ended Ended June 30 2021.

Schedule of Financial Statements
Year Ended June 30, 2021
	Balance Sheet
		As Originally Presented	Adjustments		As Restated
Unearned Income		0	173,398		173,398
Total Liabilities:		30,763	173,398		204,161
Retained Earnings (Deficit )		67,693	(173,398	)	(105,705	)
Total Stockholders' Equity (Deficit)		168,784	(173,398	)	(4,614	)