Note 4 - Loans Payable - Affiliates

12 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

4. LOANS PAYABLE - AFFILIATES:

During the year ended

June 30, 2018,

Dominic Bassani (“Bassani”), the Company’s Chief Executive Officer, and Mark A. Smith (“Smith”), the Company’s President, loaned the Company

$12,500

and

$18,000,

respectively, for working capital needs. The loans were non-interest bearing, non-collateralized and Bassani’s loan was repaid during the year ended

June 30, 2018,

while Smith elected to convert his loan into units of the Company’s securities (Note

8

).