v3.20.2
Statements of Stockholders’ Equity (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Stock Payable [Member]
Retained Earnings [Member]
Balance at Jun. 30, 2019 $ 2,000 $ 47,728 $ 62,695,035 $ 583 $ (61,497,908)
Balance (in Shares) at Jun. 30, 2019 2,000,000 47,727,867      
Preferred stock dividends         (25,000)
Stock based compensation expense for employee and Board of Director service       10,119  
Net income (loss) for the quarter         28,903
Balance at Sep. 30, 2019 $ 2,000 $ 47,728 62,695,035 10,702 (61,494,005)
Balance (in Shares) at Sep. 30, 2019 2,000,000 47,727,867      
Preferred stock dividends         (25,000)
Stock based compensation expense for employee and Board of Director service   $ 1,195 19,042 (10,702)  
Stock based compensation expense for employee and Board of Director service (in Shares)   1,195,001      
Net income (loss) for the quarter         38,395
Balance at Dec. 31, 2019 $ 2,000 $ 48,923 62,714,077   (61,480,610)
Balance (in Shares) at Dec. 31, 2019 2,000,000 48,922,868      
Preferred stock dividends         (25,000)
Stock based compensation expense for employee and Board of Director service       12,323  
Net income (loss) for the quarter         100,296
Balance at Mar. 31, 2020 $ 2,000 $ 46,923 62,714,077 12,323 (61,497,908)
Balance (in Shares) at Mar. 31, 2020 2,000,000 48,922,868      
Preferred stock dividends         (8,300)
Preferred stock conversion to common stock $ (2,000) $ 2,000 (18,000)    
Preferred stock conversion to common stock (in Shares) (2,000,000) 2,000,000      
Stock based compensation expense for employee and Board of Director service   $ 1,250 23,396 (12,323)  
Stock based compensation expense for employee and Board of Director service (in Shares)   1,250,000      
Net income (loss) for the quarter         32,467
Balance at Jun. 30, 2020   $ 70,173 62,719,473   (61,538,675)
Balance (in Shares) at Jun. 30, 2020   70,172,868      
Stock based compensation expense for employee and Board of Director service       12,323  
Net income (loss) for the quarter         53,783
Balance at Sep. 30, 2020   $ 70,173 $ 62,719,473 $ 12,323 $ (61,484,892)
Balance (in Shares) at Sep. 30, 2020   70,172,868