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RELATED PARTY TRANSACTIONS
6 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 11RELATED PARTY TRANSACTIONS

 

The Company recognized a total of $52,500 in salaries for the President and the Secretary & Treasurer of the Company during the quarter ended December 31, 2024.

 

Henry Fahman, Chairman and Chief Executive Officer, and Steve Truong, Director of the Company from time to time lend money to the Company. These loans are without interest and payable upon demand.

 

As of December 31, 2024, the Company still owed the following amounts to Related Parties:

 

No.  Name:  Title:  Amount:   Description:
              
1)  Henry Fahman  Chairman/CEO  $484,296   Accrued salaries
         $258,454   Loans
               
2)  Tina Phan  Secretary/Treasurer  $398,799   Accrued salaries
               
3)  Steve Truong  Director  $8,500   Loan