NOTES PAYABLE, RELATED PARTIES, CURRENT

12 Months Ended

Jun. 30, 2025

NOTES PAYABLE, RELATED PARTIES, CURRENT

NOTE 8. NOTES PAYABLE, RELATED PARTIES, CURRENT

As of June 30, 2025 and 2024, the Company had $318,334 and $674,271, respectively, in outstanding notes payable, related parties. As of June 30, 2025 and 2024, the Company had $54,844 and $152,079, respectively, in accrued interest related to these notes. Some of these notes were assumed in connection with the acquisition on March 25, 2021.

Ref No. Note			Date of	Original Principal		Maturity	Interest			Principal Balance		Principal Balance
Issuance			Balance	Rate %		Date	Rate %			6/30/25		6/30/24
	1	*	3/25/21		308,500	6/3/21		10	%	$	-	$	308,500
	2	*	3/25/21		47,436	6/3/21		10	%		-		47,436
	3	*	3/24/22		39,000	9/24/22		6	%		39,000		39,000
	4	*	5/5/22		179,124	11/5/22		6	%		179,124		179,124
	5	*	10/5/22		20,000	4/5/23		6	%		20,000		20,000
	6	*	11/9/22		500	5/9/23		6	%		500		500
	7	*	11/18/22		4,000	5/18/23		6	%		4,000		4,000
	8	*	1/17/23		18,000	7/17/23		6	%		18,000		18,000
	9	*	2/8/23		27,000	8/8/23		6	%		27,000		27,000
	10	*	4/28/23		650	10/28/23		6	%		650		650
	11	*	5/16/23		900	11/16/23		6	%		900		900
	12	*	5/30/23		875	11/30/23		6	%		875		875
	13	*	5/21/23		410	11/31/23		6	%		410		410
	14	*	6/29/23		875	12/29/23		6	%		875		875
	15	*	1/12/24		5,000	7/12/24		6	%		5,000		5,000
	16	*	1/16/24		7,000	7/16/24		6	%		7,000		7,000
	17	*	2/21/24		10,000	8/21/24		6	%		10,000		10,000
	18	*	4/1/24		5,000	10/1/24		6	%		5,000		5,000
			Total							$	318,334	$	674,271

* As of June 30, 2025, these notes are in default.

On January 17, 2023, the Company signed a note receivable of $18,000 from a company founded and partially owned by the Company’s Chairman, Charles Everhardt.

On February 8, 2023, the Company signed a note receivable of $27,000 from a company founded and partially owned by the Company’s Chairman, Charles Everhardt.

The above amounts and terms are not necessarily what third parties would agree to.