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RELATED PARTY TRANSACTIONS
6 Months Ended
Dec. 31, 2021
RELATED PARTY TRANSACTIONS  
NOTE 5-RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS:

 

Crossfield, Inc., a company of which the CEO, Robert Wolfe is an officer and director, has made advances to the Company which are not collateralized, non-interest bearing, and payable upon demand. At December 31, 2021 and June 30, 2021, the Company had a balance of $129,312 and $125,780 respectively. During the six-month period ended December 31, 2021 and 2020 expenses paid on behalf of the Company were $13,129 and $12,690 respectively. The Company repaid $11,536 of the advancement during the six month period ending December 31, 2021.