Loans and Notes Payable |
9 Months Ended |
---|---|
Mar. 31, 2018 | |
Loans And Notes Payable | |
Loans and Notes Payable |
NOTE 4 – LOANS AND NOTES PAYABLE
Loans from Directors and Officer - Related Parties
Loans from Directors and Officer at March 31, 2018 and June 30, 2017 were $56,906 and $56,802, respectively. The loans bear no interest and are all payable on demand. The Company did not repay any amount on these loans during the nine months ended March 31, 2018.
Other Loans from Unrelated Parties
As of March 31, 2018, and June 30, 2017, other loans from unrelated parties had a balance of $0 and $2,303, respectively. The Company repaid these loans outstanding as of June 30, 2017 in full during the nine months ended March 31, 2018. |