Note 4 - Loans Payable - Affiliates

9 Months Ended

Mar. 31, 2018

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

4.

     LOANS PAYABLE - AFFILIATES:

As of

March 31, 2018,

Mark A. Smith (“Smith”), the Company’s President, had loaned the Company

$18,000

for working capital needs. During the

nine

months ended

March 31, 2018,

Dominic Bassani (“Bassani”), the Company’s Chief Executive Officer was repaid

$12,500

for loans he had previously made to the Company. The loans are non-interest bearing, are non-collateralized and will be repaid when the Board of Directors determines there is adequate cash available.