v3.26.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
Mar. 31, 2026
Jun. 30, 2025
CURRENT ASSETS    
Cash $ 29,346 $ 44,056
Account receivable, net 0 0
Inventory 97,539 164,651
Prepaid and other assets 19,095 28,005
TOTAL CURRENT ASSETS 145,980 236,712
Right-of-use asset, net 9,086 25,154
Other assets 11,836 11,836
Property and equipment, net 203 28,115
TOTAL ASSETS 167,105 301,817
CURRENT LIABILITIES    
Accounts payable 132,292 1,489,322
Tax payable 4,943 3,836
Short term loan 692,020 595,072
Wage and wage tax payable 476,061 359,006
Other payable 47,639 18,896
Due to related party 1,254,114 1,251,639
Advances from customers 8,236 78,022
Lease liability – current 9,086 25,154
TOTAL CURRENT LIABILITIES 2,624,391 3,820,947
Long term loan 2,423,349 2,224,697
TOTAL LIABILITIES 5,047,740 6,045,644
SHAREHOLDERS’ DEFICIT    
Redeemable, convertible preferred stock, 10,000,000 shares authorized; Series A voting preferred stock, zero shares issued and outstanding 0 0
Common stock, no par value, unlimited shares authorized; 21,152,711,608 and 21,152,711,608 shares issued and Outstanding 0 0
Additional paid-in capital 5,121,175 5,121,175
Treasury stock, 52,100,000 shares and 52,150,000 shares 0 0
Accumulated other comprehensive income (loss) 1,047 (1,040)
Accumulated deficit (9,920,040) (10,781,345)
Total deficit attributed to owners of the Company (4,797,818) (5,661,210)
Non-Controlling interest (82,817) (82,617)
TOTAL SHAREHOLDERS’ DEFICIT (4,880,635) (5,743,827)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT $ 167,105 $ 301,817