Promissory Notes Payable – Related Party |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
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| Promissory Notes Payable – Related Party | Note 5 – Promissory Notes Payable – Related Party
Between January 9, 2026 and May 4, 2026, the Company entered into five promissory note agreements with an entity associated with the Company’s CEO, wherein the entity advanced the Company an aggregate of $115,000 to fund operations. The promissory notes are unsecured, bear interest at 8% per annum and mature six months after advance.
These promissory notes payable were subsequently amended to extend the respective maturity dates by another six months with no changes to the other original terms of the agreement or compensation paid to the noteholder.
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