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EQUITY TRANSACTIONS
12 Months Ended
Jun. 30, 2026
EQUITY TRANSACTIONS  
EQUITY TRANSACTIONS

NOTE 5 EQUITY TRANSACTIONS

 

As of June 30, 2026 and 2025, there are 500,000,000 shares of common stock at par value of $0.001 per share authorized and 4,400,048 issued and outstanding and 25,000,000 shares of (“blank check”) preferred stock, par value $0.001 per share authorized and -0- shares issued and outstanding.

 

The potentially diluted shares of common stock issuable under the Billy Drury agreement as discussed in Note 4 Related Party Transactions above were 221,007 shares valued at $46,964 or $0.2125 per share at June 30, 2026, and 231,901 shares valued at $47,099 or $0.203 per share at June 30, 2025.

 

Common Stock

 

During 2017, the Company signed an agreement with a consultant for accounting services to the Company. The consultant is compensated with cash and paid $25 per hour in restricted shares of the Company’s common stock based on the closing price of the Company’s common stock on the date of the consultant’s invoice. As of June 30, 2026, the consultant has earned 71,750 unregistered shares of the Company’s common stock under the agreement. The stock is valued at $14,053 or $0.1959 per share. The shares were not issued to the consultant at June 30, 2026.