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Related Party Transactions
12 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 6 - RELATED PARTY TRANSACTIONS

 

The following individuals and entities have been identified as related parties based on their family affiliation with our Chairman of the Board:

 

Yitzhak Zelmanovitch

 

Roran Capital LLC

 

The following amounts were owed to related parties, affiliated with the CEO and Chairman of the Board, at the dates indicated:

 

    June 30, 2018  
Judgment Payable (acquired by Roran from SBA)   $ 10,427,300  
         
Interest on Judgment Payable   $ 156,953  
         
Convertible Note Payable (See Note 4)   $ 99,338  
         
Interest on Convertible Note Payable   $ 6,307  
    $ 10,689,898