NOTE 6 -LOANS PAYABLE

12 Months Ended

Jun. 30, 2018

NOTE 6 –LOANS PAYABLE

Loans payable at June 30, 2018 and 2017 consist of the following:

		June 30,		June 30,		Interest
		2018		2017	Term	rate
Pearl Capital	$	-	$	9,122	Note was issued on February 6, 2017 and due in August 9, 2017	32.0%
Unique Funding Solutions		-		2,750	Note was issued on March 17, 2017 and due in July 6, 2017	32.0%
Fusion Capital		-		2,216	Note was issued on March 17, 2017 and due in July 18, 2017	35.0%
Midnight Advance		-		12,732	Note was issued on April 21, 2017 and due in August 17, 2017	31.0%
Yellowstone Capital		-		22,845	Note was issued on May 19, 2017 and due in October 13, 2017	31.0%
APP Group Inter		983		64,508	Note was issued on June 28, 2017 and due in December 17, 2017	32.0%
Advantage Platform Services_3		72,737		-	Note was issued on December 19, 2017 and due in October 18, 2018	31.5%
Advantage Platform Services_4		32,113		-	Note was issued on February 2, 2018 and due in October 1, 2018	31.0%
DMKA LLC		10,000		-	Note was issued on March 9, 2018 and due in July 28, 2018	28.6%
Complete Business Solutions_3		117,871		-	Note was issued on April 13, 2018 and due in March 09, 2019	33.3%
Total		233,704		114,173
Less : Current portion of loans payable		233,704		114,173
Long-term loans payable	$	-	$	-

During the year ended June 30, 2018 and 2017, the Company recorded interest expenses of $327,092 and $77,855, respectively.

During the year ended June 30, 2018 and 2017, the Company borrowed $928,892 and $242,635, respectively, and repaid the principal amount of $809,161 and $117,875 and interest expense of $327,092 and $77,855, respectively.