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NOTE 1 - BASIS OF PRESENTATION: Segments of an Enterprise and Related Information (Policies)
12 Months Ended
Jun. 30, 2022
Policies  
Segments of an Enterprise and Related Information

Segments of an Enterprise and Related Information

 

ASC 280, "Disclosures about Segments of an Enterprise and Related Information." establishes standards for the way public companies report information about segments of their business in their annual financial statements and requires them to report selected segment information in their quarterly reports issued to stockholders. It also requires entity-wide disclosures about the products and services an entity provides, the material countries in which it holds assets and reports revenues and its major customers, if any. As of June 30, 2022, and 2021, the Company has one business segment, which includes the manufacturing and sales of its wound treatment and cosmetic products as well as the licensing of business partners to do the same.