XML 17 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2020
Jun. 30, 2019
CURRENT ASSETS    
Cash $ 43,603 $ 43,098
Property tax receivable 1,202 1,213
Total Current Assets 44,805 44,311
FIXED ASSETS    
Land 609,250 615,220
TOTAL ASSETS 654,055 659,531
CURRENT LIABILITIES    
Accounts payable 0 225
Deferred revenue 3,150 0
Taxes payable 36,030 30,782
Notes payable, current portion 144,211 144,380
Advances from a related party 120,271 120,753
Total Current Liabilities 303,662 296,140
Long Term Liabilities    
Notes payable 44,416 62,464
Total Long - Term Liabilities 44,416 62,464
Total Liabilities 348,078 358,604
STOCKHOLDERS' EQUITY-    
Common stock, par value $0.01; At June 30, 2020 and June 30, 2019, authorized 60,000,000 shares; issued and outstanding 3,292,945 and 2,292,945 shares, respectively 32,929 22,929
Additional paid-in capital 21,057,116 20,953,991
Accumulated Other Comprehensive Income 43,226 48,198
Accumulated deficit (20,827,344) (20,724,241)
TOTAL STOCKHOLDERS' EQUITY 305,977 300,927
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY 654,055 659,531
Convertible Preferred Stock, Series 2    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock 50 50
Convertible Preferred Stock, Series 3    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock
Convertible Preferred Stock, Series 5    
STOCKHOLDERS' EQUITY-    
Convertible preferred stock