Loans Payable – Related Parties	9 Months Ended
Mar. 31, 2022
Loans Payable Related Parties
Loans Payable – Related Parties	24. Loans Payable – Related Parties On January 23, 2013, SWC received a loan from an officer for $40,000. The amount of loan bears no interest. As of March 31, 2022 and June 30, 2021, the balance of loans payable is $0 and $12,682, respectively. On July 7, 2016, SWC received a loan from an officer. The amount of the loan bears no interest and amortized on a monthly basis over the life of the loan. As of March 31, 2022 and June 30, 2021, the balance of the loans payable were $60,592 and $49,447, respectively. On November 21, 2016, SWC received a loan from an officer. The amount of the loan bears no interest and due in September 30, 2017. As of September 30, 2021. the note was in default. As of March 31, 2022 and June 30, 2021, the balance of the loans payable were $0 and $83,275, respectively. On September 1, 2017, the Company had related party transaction with LMK Capital LLC, a related party company owned by Jimmy Chan, the Company’s CEO. The amount of the loan payable/receivable bears no interest and is due on demand. As of March 31, 2022 and June 30, 2021, the balance of the loan payable to LMK were $93,502 and $15,427, respectively, and the balance of loan receivable were $0 and $0, respectively. On May 25, 2021, Lemon Glow received a loan from an officer. The amount of the loan bears no interest and due on demand. As of March 31, 2022 and June 30, 2021, the balance of the loans were $3,000 and $3,000, respectively. On December 14, 2021, SWC received a loan from an officer. The amount of the loan bears no interest and due on June 14, 2022. As of March 31, 2022 and June 30, 2021, the balance of the loan were $51,821 and $0, respectively. As of March 31, 2022 and June 30, 2021, the Company had an outstanding balance of $208,915 and $163,831 owed to various related parties, respectively.

Loans Payable – Related Parties

9 Months Ended

Mar. 31, 2022

24. Loans Payable – Related Parties

On January 23, 2013, SWC received a loan from an officer for $40,000. The amount of loan bears no interest. As of March 31, 2022 and June 30, 2021, the balance of loans payable is $0 and $12,682, respectively.

On July 7, 2016, SWC received a loan from an officer. The amount of the loan bears no interest and amortized on a monthly basis over the life of the loan. As of March 31, 2022 and June 30, 2021, the balance of the loans payable were $60,592 and $49,447, respectively.

On November 21, 2016, SWC received a loan from an officer. The amount of the loan bears no interest and due in September 30, 2017. As of September 30, 2021. the note was in default. As of March 31, 2022 and June 30, 2021, the balance of the loans payable were $0 and $83,275, respectively.

On September 1, 2017, the Company had related party transaction with LMK Capital LLC, a related party company owned by Jimmy Chan, the Company’s CEO. The amount of the loan payable/receivable bears no interest and is due on demand. As of March 31, 2022 and June 30, 2021, the balance of the loan payable to LMK were $93,502 and $15,427, respectively, and the balance of loan receivable were $0 and $0, respectively.

On May 25, 2021, Lemon Glow received a loan from an officer. The amount of the loan bears no interest and due on demand. As of March 31, 2022 and June 30, 2021, the balance of the loans were $3,000 and $3,000, respectively.

On December 14, 2021, SWC received a loan from an officer. The amount of the loan bears no interest and due on June 14, 2022. As of March 31, 2022 and June 30, 2021, the balance of the loan were $51,821 and $0, respectively.

As of March 31, 2022 and June 30, 2021, the Company had an outstanding balance of $208,915 and $163,831 owed to various related parties, respectively.