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Note 4 - Related Party Transactions
3 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

NOTE 4.  RELATED PARTY TRANSACTIONS

 

Service Agreement. During the six months ended December 31, 2022, the Company continued to be a party to a Service Agreement with Fields Management, Inc. (“FMI”), pursuant to which FMI provided certain executive management services to the Company, including designating Mr. Fields to perform the functions of President and Chief Executive Officer for the Company. Mr. Fields, FMI’s designated executive, who also serves as the Company’s Chair of the Board of Directors, controls FMI. The Company had no payables to FMI at December 31, 2022 and 2021 respectively, under the Service Agreement; however, at December 31, 2022 and 2021, the Company paid FMI $231,015 and $231,015, respectively.