Gain
on Settlement of Accounts Payable In
March 2024, the Company entered into a settlement agreement with a vendor, in which the Company agreed to pay the vendor a total of $239,000,
a reduction in the amount owed of $117,393. During the year ended June 30, 2024, the Company recognized a gain on the settlement of accounts
payable of $117,393 on the Statements of Operations upon payment of the $239,000 and being released from the remaining liability.
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