RELATED PARTY AND OTHER FINANCING TRANSACTIONS (Tables)

9 Months Ended

Mar. 31, 2022

Related Party And Other Financing Transactions

SCHEDULE OF RELATED PARTY AND OTHER NOTES PAYABLE

The following summarizes the balances of related party and other notes payable as of March 31, 2022 and June 30, 2021, respectively.

As of	March 31, 2022		June 30, 2021
Related party note payable - Hilton	$	2,455,000	$	2,692,000
Related party note payable - Aimbridge		1,208,000		1,396,000
SBA Loans		-		2,000,000
Total related party and other notes payable	$	3,663,000	$	6,088,000

SCHEDULE OF FUTURE MINIMUM PRINCIPAL PAYMENTS

Future minimum principal payments and amortizations for all related party and other financing transactions are as follows:

For the year ending June 30,
2022	$	142,000
2023		567,000
2024		567,000
2025		567,000
2026		567,000
Thereafter		1,253,000
	$	3,663,000