Note 4 - Loans Payable - Affiliates

3 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Loans Payable to Affiliates

4.

     LOANS PAYABLE - AFFILIATES:

As of

September 30, 2019,

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

$20,000

and

$15,000,

respectively, for working capital needs. The loans are non-interest bearing and will be repaid when there is adequate cash available to allow repayment. Subsequent to

September 30, 2019,

Bassani was repaid the

$20,000

he had loaned the Company.