DEFERRED COMPENSATION:	9 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
DEFERRED COMPENSATION:	4. DEFERRED COMPENSATION: The Company owes deferred compensation to various employees, former employees and consultants totaling $784,255 and $525,699 as of March 31, 2023 and 2022, respectively. Included in the deferred compensation balances as of March 31, 2023, are $504,401 and $5,000 owed Dominic Bassani (“Bassani”), the Company’s Chief Operating Officer (who was Chief Executive Officer until through April 30, 2022), and Mark A. Smith (“Smith”), the Company’s President, respectively, pursuant to extension agreements effective January 1, 2015, whereby unpaid compensation earned after January 1, 2015, accrues interest at 4% per annum and can be converted into shares of the Company’s common stock at the election of the employee during the first five calendar days of any month. The conversion price shall be the average closing price of the Company’s common stock for the last 10 trading days of the immediately preceding month. The deferred compensation owed Bassani and Smith as of March 31, 2022 was $410,585 and 0 nil, respectively. The Company also owes various consultants and an employee, pursuant to various agreements, for deferred compensation of $92,355 and $42,614 as of March 31, 2023 and 2022, respectively, with similar conversion terms as those described above for Bassani and Smith, with the exception that the interest accrues at 0% to 3% per annum. The Company also owes a former employee $72,500, which is not convertible and is non-interest bearing. Bassani and Smith have each been granted the right to convert up to $300,000 of deferred compensation balances at a price of $0.75 per share until June 30, 2024 into common shares (to be issued pursuant to the 2006 Plan). Smith also has the right to convert all or part of his deferred compensation balance into the Company’s securities (to be issued pursuant to the 2006 Plan) “at market” and/or on the same terms as the Company is selling or has sold its securities in its then current (or most recent if there is no current) private placement. Smith also received the right to transfer future deferred compensation to his 2020 Convertible Obligation at his election but such right is no longer in force. Bill O’Neill has a balance of $110,000 and 0 nil at March 31, 2023 and 2022, respectively. There is no interest or conversions on the deferred balance. During the three and nine months ended March 31, 2023, Smith elected to convert $30,000 and $90,000, respectively, of deferred compensation into the 2020 Convertible Note. The Company recorded interest expense of $5,034 ($4,428 with related parties) and $3,824 ($3,570 with related parties) for the three months ended March 31, 2023 and 2022, respectively, and $14,458 ($12,893 with related parties) and $12,124 ($11,615 with related parties) for the nine months ended March 31, 2023 and 2022, respectively.

DEFERRED COMPENSATION:

9 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

4. DEFERRED COMPENSATION:

The Company owes deferred compensation to various employees, former employees and consultants totaling $784,255 and $525,699 as of March 31, 2023 and 2022, respectively. Included in the deferred compensation balances as of March 31, 2023, are $504,401 and $5,000 owed Dominic Bassani (“Bassani”), the Company’s Chief Operating Officer (who was Chief Executive Officer until through April 30, 2022), and Mark A. Smith (“Smith”), the Company’s President, respectively, pursuant to extension agreements effective January 1, 2015, whereby unpaid compensation earned after January 1, 2015, accrues interest at 4% per annum and can be converted into shares of the Company’s common stock at the election of the employee during the first five calendar days of any month. The conversion price shall be the average closing price of the Company’s common stock for the last 10 trading days of the immediately preceding month. The deferred compensation owed Bassani and Smith as of March 31, 2022 was $410,585 and 0 nil, respectively. The Company also owes various consultants and an employee, pursuant to various agreements, for deferred compensation of $92,355 and $42,614 as of March 31, 2023 and 2022, respectively, with similar conversion terms as those described above for Bassani and Smith, with the exception that the interest accrues at 0% to 3% per annum. The Company also owes a former employee $72,500, which is not convertible and is non-interest bearing. Bassani and Smith have each been granted the right to convert up to $300,000 of deferred compensation balances at a price of $0.75 per share until June 30, 2024 into common shares (to be issued pursuant to the 2006 Plan). Smith also has the right to convert all or part of his deferred compensation balance into the Company’s securities (to be issued pursuant to the 2006 Plan) “at market” and/or on the same terms as the Company is selling or has sold its securities in its then current (or most recent if there is no current) private placement. Smith also received the right to transfer future deferred compensation to his 2020 Convertible Obligation at his election but such right is no longer in force.

Bill O’Neill has a balance of $110,000 and 0 nil at March 31, 2023 and 2022, respectively. There is no interest or conversions on the deferred balance. During the three and nine months ended March 31, 2023, Smith elected to convert $30,000 and $90,000, respectively, of deferred compensation into the 2020 Convertible Note.

The Company recorded interest expense of $5,034 ($4,428 with related parties) and $3,824 ($3,570 with related parties) for the three months ended March 31, 2023 and 2022, respectively, and $14,458 ($12,893 with related parties) and $12,124 ($11,615 with related parties) for the nine months ended March 31, 2023 and 2022, respectively.