v3.26.3
Related Party
12 Months Ended
Jun. 30, 2026
Related Party [Abstract]  
RELATED PARTY
13. RELATED PARTY

 

Shareholders Loan

 

During the period ended December 31, 2022, the Company entered into a $211,750 loan with the Company’s CEO for the repayment of accrued salary expense. The loan bore interest of five percent (5%) per year and was to be repaid with monthly payments of $9,290, including interest and principal over a two-year period. As of June 30, 2026 and June 30, 2025, the principal balance remaining on the loan was $0 and $0, respectively and interest paid during the year ended June 30, 2026 and 2025 was $0 and $620, respectively.

 

Other Related Party Activity

 

See Note 8 for related party transactions with respect to TECO 2030 A.S.A. and Newco.