CONCENTRATION OF CREDIT RISKS |
12 Months Ended |
|---|---|
Jun. 30, 2026 | |
| CONCENTRATION OF CREDIT RISKS | |
| CONCENTRATION OF CREDIT RISKS | NOTE 4 – CONCENTRATION OF CREDIT RISKS
The Company maintains accounts with financial institutions. All cash in checking accounts is non-interest bearing and is fully insured by the Federal Deposit Insurance Corporation (FDIC). At times, cash balances may exceed the maximum coverage provided by the FDIC on insured depositor accounts. The Company believes it mitigates its risk by depositing its cash and cash equivalents with major financial institutions. On June 30, 2026, and June 30, 2025, the Company had $0 in excess of FDIC insurance (deposits in excess of $250,000, as calculated in accordance with FDIC regulations). |