CONCENTRATION OF CREDIT RISK

12 Months Ended

Jun. 30, 2020

CONCENTRATION OF CREDIT RISK

CONCENTRATION OF CREDIT RISK

NOTE 10      CONCENTRATION OF CREDIT RISK

For the years ended June 30, 2020 and 2019, two customers accounted for 53% of the sales. As of June 30, 2020 and 2019,  two customers accounted for 36% and three customers accounted for 52%, respectively, of trade receivables. The effects of the COVID-19 pandemic are further discussed below in note 11. After considering the impact of the COVID-19 pandemic, the Company does not anticipate significant changes to the concentration of credit risk in the next 12 months.