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Note 4 - Related Party Transactions
3 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

NOTE 4.  RELATED PARTY TRANSACTIONS

 

During the three months ended September 30, 2023, the Company continued to be a party to a service agreement (the “Service Agreement”) with Fields Management, Inc. (“FMI”), pursuant to which FMI provided certain executive management services to the Company, including designating Mr. Fields to perform the functions of President and Chief Executive Officer for the Company. Mr. Fields, FMI’s designated executive, who also serves as the Company’s Chair of the Board of Directors, controls FMI. The Company had no payables to FMI under the Service Agreement as of September 30, 2023 or September 30, 2022. During the three months ended September 30, 2023 and 2022, the Company paid FMI $231,015 and $231,015, respectively, in connection with the Service Agreement.