STOCK OPTIONS

3 Months Ended

Sep. 30, 2022

Share-Based Payment Arrangement [Abstract]

STOCK OPTIONS

NOTE 5 – STOCK OPTIONS

A summary of stock options as of September 30, 2022 is as follows:

	Number of Shares		Weighted Average Exercise Price
Outstanding at June 30, 2022		900,000	$	0.03
Granted		—		—
Expired		—	$	—
Outstanding at September 30, 2022		900,000	$	0.03
Exercisable at September 30, 2022		900,000	$	0.03

As of September 30, 2022, the Company had no outstanding unvested options with future compensation costs. At September 30, 2022 and June 30, 2022, the outstanding and exercisable stock options had no intrinsic value.

Additional information regarding options outstanding as of September 30, 2022, is as follows:

Options Outstanding and Exercisable at September 30, 2022
Range of Exercise Price		Number of Shares Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price
$	0.03		900,000		2.23	$	0.03