Quarterly report pursuant to Section 13 or 15(d)

Loans and Notes Payable

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Loans and Notes Payable
6 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Loans and Notes Payable

NOTE 4 – LOANS AND NOTES PAYABLE

 

Loans from Directors and Officer - Related Parties

 

Loans from the Company’s directors and officer at December 31, 2019 and June 30, 2019 were $52,022 and $51,867, respectively. The loans bear no interest and are all payable on demand. The Company did not repay any amount on these loans during the six months ended December 31, 2019.