v3.25.1
CONVERTIBLE NOTE PAYABLE
9 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
CONVERTIBLE NOTE PAYABLE

6. CONVERTIBLE NOTE PAYABLE

 

Convertible note consisted of the following as of March 31, 2025 and June 30, 2024:

 

  

March 31,

2025

 

June 30,

2024

           
Convertible note  $750,000   $750,000 

 

On January 9, 2023, the Company issued a convertible note payable to a third party for $750,000. The note is unsecured, has an interest rate 3% per annum, matures November 14, 2024, and is convertible into 937,500 shares of the Company’s common stock at $0.80 per share, any time after the completion of a reverse acquisition with Sino Green Land Corp. (see Note 11).