XML 21 R11.htm IDEA: XBRL DOCUMENT v3.23.3
RELATED PARTY TRANSACTIONS
3 Months Ended
Sep. 30, 2023
RELATED PARTY TRANSACTIONS  
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, 2023 and June 30, 2023, the Company had a balance of $150,342 and $147,387 respectively. During the three-month period ended September 30, 2023 and 2022, expenses paid on behalf of the Company were $5,250 and $8,500, respectively. The Company repaid $4,535 of the advancement during the three month period ending September 30, 2023, and repaid $4,123 during the three month period ending September 30, 2022.