XML 16 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Statements of Cash Flow (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss $ (54,007) $ (73,934)
Adjustments to reconcile net loss to net cash used in operating activities    
Amortization of debt discount 21,667
Forgiveness of interest - related party 2,997
Changes in operating assets and liabilities:    
Increase in prepaid (1,818)
(Decrease) increase in accounts payable and accrued liabilities (7,099) 1,800
Increase in accrued interest payable - related party 7,125
Net cash used in operating activities (59,927) (43,342)
Cash Flows from Financing Activities:    
Advances from related party 18,367
Proceeds from issuance of promissory note payable - related party 100,000
Proceeds from issuance of convertible note payable - related party 32,500
Net cash provided by financing activities 118,367 32,500
Net change in cash 58,440 (10,842)
Cash, beginning of period 44 12,625
Cash, end of period 58,484 1,783
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Interest paid
Income taxes paid
Non-cash Investing and Financing Activities    
Intrinsic value of embedded beneficial conversion feature on convertible note payable - related party 11,667
Forgiveness of convertible note payable, accrued interest and advances - related party $ 207,644