v3.26.1
SHORT TERM LOAN
6 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
SHORT TERM LOAN

NOTE 5 SHORT TERM LOAN

 

As of December 31 , 2025 and June 30, 2025, short term loan principals amounted to $580,000 and $530,000, respectively from unrelated third parties. There is a new loan of $50,000 on November 25, 2025. Principal repayments for the six months ended December 31, 2025 and 2024 are $- and $10,750, respectively. Interest paid to the short term loan for the six months ended December 31, 2025 and 2024 amounted to $3,832 and $31,057, respectively.

 

Short Term Loans

 

      As of December 31, 2025   As of June 30, 2025 
      Principal                   Principal             
      Balance               Total   Balance       Total     
      as of   Accrued           As of   as of   Accrued   as of   Annualized 
Receiving    Maturity    July 1,   Interest   New   Interest   December 31,   July 1,   Interest   June 30,   percentage 
Date  Date  2025   Liability   Loan   Paid   2025   2024   Liability   2025   Rate 
1/19/2023  1/18/2024  $300,000   $49,154   $-    -   $349,154   $300,000    45,766   $345,766    13%
2/25/2023  6/24/2023   100,000    34,976    -    -    134,976    100,000    16,223    116,223    24%
3/1/2023  8/31/2023   10,000    1,417    -    250    11,167    10,000    417    10,417    20%
3/1/2023  8/31/2023   50,000    7,083    -    1,250    55,833    50,000    2,083    52,083    20%
3/1/2023  9/30/2023   30,000    1,751    -    1,000    30,751    30,000    250    30,250    10%
3/1/2023  9/30/2023   40,000    2,332    -    1,332    41,000    40,000    333    40,333    10%
11/26/2025  11/25/2026   -    485    50,000    -    50,485    -    -    -    10%
                                                 
Total     $530,000   $97,198   $50,000   $3,832   $673,366   $530,000   $65,072   $595,072    -