PROPERTY EQUIPMENT

12 Months Ended

Jun. 30, 2022

PROPERTY EQUIPMENT

PROPERTY & EQUIPMENT

NOTE 4 – PROPERTY & EQUIPMENT:

The Land owned by the Company’s wholly owned subsidiary constitutes the largest asset of the Company. During the period ending June 30, 2022 the Company recorded a decrease in the carrying value of the Land of $(79,222), due to the currency translation difference. The carrying value of the Land of the Company was as follows:

	Carrying Value of Land at June 30,
	2022		2021
US Dollars	$	566,856	$	646,078