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RELATED PARTY TRANSACTIONS
3 Months Ended
Sep. 30, 2022
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 September 30, 2022 and June 30, 2022, the Company had a balance of $143,957and $137,583 respectively. During the three-month period ended September 30, 2022 and 2021 expenses paid on behalf of the Company were $8,500 and $7,182 respectively. The Company repaid $4,821 of the advancement during the three month period ending September 30, 2022 and repaid $6,580 during the three month period ending September 30, 2021.