STOCK OPTIONS

6 Months Ended

Dec. 31, 2022

Stock Options

STOCK OPTIONS

NOTE 5 – STOCK OPTIONS

A summary of stock options as of December 31, 2022 is as follows:

	Number of Shares		Weighted Average Exercise Price
Outstanding at June 30, 2022		900,000	$	0.03
Granted		—		—
Expired		—	$	—
Outstanding at December 31, 2022		900,000	$	0.03
Exercisable at December 31, 2022		900,000	$	0.03

As of December 31, 2022, the Company had no outstanding unvested options with future compensation costs. At December 31, 2022 and June 30, 2022, the outstanding and exercisable stock options had no intrinsic value.

Additional information regarding options outstanding as of December 31, 2022, is as follows:

Options Outstanding and Exercisable at December 31, 2022
Range of Exercise Price		Number of Shares Outstanding		Weighted Average Remaining Contractual Life (Years)		Weighted Average Exercise Price
$	0.03		900,000		1.98	$	0.03