Related Party Transactions

3 Months Ended

Sep. 30, 2020

Related Party Transactions [Abstract]

Related Party Transactions

Note 3. Related Party Transactions

An officer of the Company charged a management fee totalling $1,500 and $1,500 for the three months ended September 30, 2020 and 2019, respectively, for the use of a home office, accounting and other services. During the three months ended September 30, 2020 and 2019, the officer also paid operating expense of $0 and $25, respectively, on behalf of the Company. The balances due to this officer as of September 30, 2020 and June 30, 2020 were $22,500 and $21,000, respectively. The amounts due to this officer are unsecured, bear no interest and are payable on demand.