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NOTE 16 - SUBSEQUENT EVENTS
12 Months Ended
Jun. 30, 2022
Notes  
NOTE 16 - SUBSEQUENT EVENTS

NOTE 16 – SUBSEQUENT EVENTS

Recent Issuances of Unregistered Securities

In the period from July 1, 2022 through October 7, 2022, the Company sold an aggregate of 2,000,000 restricted shares of common stock to stock to the chairman of the board for cash proceeds $100,000.

In the period from July 1, 2022 through October 7, 2022, the Company issued 1,000,000 warrants to the chairman of the board that were attached a restricted stock purchase. The warrants were vested at issuance, have a three life and an exercise price of $0.05 per share.

Miscellaneous Events

On August 15, 2022, the Company completed the sale of an office building awarded by the court in the Thomas Laws litigation for net proceeds received of $176,078.

On August 4, 2022, the SEC declared the Company’s Form 10-12G Registration Statement effective. With our registration effective, the Company is a reporting company required to file its quarterly and annual filings with the SEC. The effectiveness of our registration statement does not permit the trading of our shares. The Company must receive approvals from FINRA and the OTC of all required submitted documentation and upon their approvals, FINRA will issue the Company trading symbol and allow trading to begin on our shares upon approval and admittance to the OTC.