XML 22 R11.htm IDEA: XBRL DOCUMENT v3.24.4
RELATED PARTY TRANSACTIONS
6 Months Ended
Dec. 31, 2024
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 December 31, 2024 and June 30, 2024, the Company had a balance of $104,515 and $128,373 respectively. During the six-month period ended December 31, 2024 and 2023 expenses paid on behalf of the Company were $16,519 and $14,250 respectively. The Company repaid $45,080 and $13,546 of the advancement during the six-month period ending December 31, 2024 and December 31, 2023 respectively.