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SUBSEQUENT EVENTS | 3 Months Ended
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Sep. 30, 2024
Subsequent Events [Abstract] |
SUBSEQUENT EVENTS | NOTE 11 — SUBSEQUENT EVENTS From October 21, 2024, to November 6, 2024, the Company issued Promissory Notes in the aggregate principal amount of $900,000. The Notes bear an interest rate ranging from 10% to 12% per annum and mature from December 31, 2024, to January 31, 2025 (the “Maturity Date”). The Company is required to pay principal and interest on the Maturity Date. On October 17, 2024, the Company entered into an investor relations consulting agreement with MZHCI, LLC. Pursuant to the agreement, the Company issued 160,000 shares of Common Stock to MZHCI, LLC valued at $118,400. On October 14, 2024, the Company issued 250,000 shares of Common Stock as part of a sign on bonus valued at $137,500 to the Chief Executive Officer effective October 14, 2024, David Weinstein. On October 14, 2024, the Company issued 500,000 shares of Common Stock for consulting services valued at $275,000. Related to the June 2024 Private Placement, ranging from October 2, 2024, to October 10, 2024, the Company sold 190,140 Units at a price per Unit equal to $1.4726 to a certain investor who paid in cash an aggregate amount of $280,000 in consideration of the Units.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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