Verde Resources (VRDR) 10-Q 13 Feb 25 2025 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Dec. 31, 2024	Feb. 12, 2025
Cover [Abstract]
Entity Registrant Name	Verde Resources, Inc.
Entity Central Index Key	0001506929
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2025
Entity Common Stock Shares Outstanding		1,249,080,892
Document Transition Report	false
Entity File Number	000-55276
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	32-0457838
Entity Address Address Line 1	8112 Maryland Ave
Entity Address Address Line 2	Suite 400
Entity Address City Or Town	St. Louis
Entity Address State Or Province	MO
Entity Address Postal Zip Code	63105
City Area Code	314
Local Phone Number	530-9071
Entity Interactive Data Current	Yes
Document Quarterly Report	true

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 892,000	$ 279,137
Deposit with banks	1,750,000	2,000,000
Accounts receivable	188,345	66,749
Inventories	272,293	309,144
Amount due from related party	100	100
Prepaid share-based compensation	677,810	214,528
Prepayments	26,866	12,645
Other receivables and deposits	41,994	6,862
Assets held for sale	359,867	606,043
Total current assets	4,209,275	3,495,208
Non-current assets:
Property, plant and equipment, net	1,685,720	2,916,006
Right of use assets, net	446,174	509,482
Intangible assets	33,324,431	33,160,631
Security deposit	80,000	80,000
Total non-current assets	35,536,325	36,666,119
TOTAL ASSETS	39,745,600	40,161,327
Current liabilities:
Accounts payable	106,250	91,533
Other payables	588,327	461,012
Deposit and accrued liabilities	45,235	83,671
Finance lease liabilities	22,676	22,323
Finance lease liabilities- assets held for sale	0	603,252
Operating lease liability	17,604	24,881
Bank loan	211,440	211,440
Promissory notes to related party	0	591,170
Amount due to a director	425,673	4,188
Amount due to related parties	295,193	385,550
Total current liabilities	1,712,398	2,479,020
Non-current liabilities:
Finance lease liabilities	74,990	86,565
Operating lease liability	0	4,602
Total non-current liabilities	74,990	91,167
TOTAL LIABILITIES	1,787,388	2,570,187
Commitments and contingencies	0	0
STOCKHOLDERS' EQUITY
Preferred stock, $0.001 par value, 50,000,000 shares authorized, none issued and outstanding	0	0
Common stock, $0.001 par value; 10,000,000,000 shares authorized; 1,240,946,567 and 1,199,358,251 issued and outstanding as of September 30, 2024 and June 30, 2024	1,241,296	1,199,358
Common stock, $0.001 par value; 7,984,325 and 22,887,025 shares to be issued as of December 31, 2024 and June 30, 2024	7,984	22,887
Common stock, $0.001 par value; 375,000 shares to be cancelled as of December 31, 2024 and June 30, 2024	(375)	(375)
Deferred stock-based compensation	(745,048)	0
Additional paid-in capital	53,385,101	49,921,380
Accumulated other comprehensive income	(110,928)	(71,906)
Accumulated deficit	(15,819,791)	(13,480,204)
Stockholders' equity Before Non controlling interest	37,958,239	37,591,140
Non-controlling interest	(27)	0
Stockholders' equity	37,958,212	37,591,140
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 39,745,600	$ 40,161,327

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Dec. 31, 2024	Jun. 30, 2024
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	10,000,000,000	10,000,000,000
Common stock, shares issued	1,241,296,567	1,199,358,251
Common stock, shares outstanding	1,241,296,567	1,199,358,251
Common stock, to be issued	7,984,325	22,887,025
Common stock, to be cancelled	375,000	375,000

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME
Revenue, net	$ 2,423	$ 5,192	$ 127,993	$ 7,774
Cost of revenue	(9,552)	(68,845)	(59,148)	(139,361)
Gross (loss) profit	(7,129)	(63,653)	68,845	(131,587)
Operating expenses:
Selling, general and administrative expenses	(2,383,949)	(523,588)	(3,198,878)	(980,182)
Other operating expenses	(50,698)	0	(105,816)	0
Total operating expenses	(2,434,647)	(523,588)	(3,304,694)	(980,182)
LOSS FROM OPERATION	(2,441,776)	(587,241)	(3,235,849)	(1,111,769)
Other (expense) income :
Interest expense	(5,895)	(43,717)	(101,360)	(84,923)
Rental income	18,204	18,204	34,100	34,100
Gain from insurance claims	0	0	481,513	0
Unrealised foreign exchange gain	(442,021)	0	276,680	0
Gain on disposal of property, plant and equipment	161,156	0	161,156	0
Other income	16,003	86,416	44,146	86,793
Total other (expense) income, net	(252,553)	60,903	896,235	35,970
LOSS BEFORE INCOME TAXES	(2,694,329)	(526,338)	(2,339,614)	(1,075,799)
Income tax expense	0	0	0	0
NET LOSS	(2,694,329)	(526,338)	(2,339,614)	(1,075,799)
Net loss attributable to non-controlling interest	(27)	0	(27)	0
Net loss attributable to Verde Resources Inc., shareholders	(2,694,302)	(526,338)	(2,339,587)	(1,075,799)
Net Income (Loss)	(2,694,329)	(526,338)	(2,339,614)	(1,075,799)
Other comprehensive income (loss):
- Foreign currency adjustment income (loss)	57,161	17,701	(39,022)	(6,736)
COMPREHENSIVE LOSS	$ (2,637,168)	$ (508,637)	$ (2,378,636)	$ (1,082,535)
Net loss per share:
- Basic	$ 0	$ 0	$ 0	$ 0
- Diluted	$ 0	$ 0	$ 0	$ 0
Weighted average common shares outstanding:
- Basic	1,232,131,001	1,179,634,810	1,232,131,001	1,179,634,810
- Diluted	1,232,131,001	1,179,634,810	1,232,131,001	1,179,634,810

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net loss	$ (2,339,614)	$ (1,075,799)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation of property, plant and equipment	137,375	207,586
Amortization	51,429	51,429
Stock-based compensation-consultants	545,859	44,274
Stock-based compensation-employee	201,680	0
Finance cost interest element of promissory notes (non-cash)	84,718	49,490
Lease interest expense	5,681	23,925
Deposit paid for acquisition of subsidiaries written off	0	21,512
Impairment on trade receivables	0	2,069
Impairment on other receivables	0	30,117
Impairment on property	137,632	0
Unrealised foreign exchange gain	(276,680)	0
Gain from insurance claim	(481,513)	0
Loss from disposal of asset held for sale	2,876	0
Gain on disposal of property, plant and equipment	(161,156)	0
Change in operating assets and liabilities:
Accounts receivable	(121,411)	735
Other receivables, deposits and prepayments	(49,161)	(33,526)
Inventories	40,741	(132,718)
Accounts payables	10,933	21,218
Accrued liabilities and other payables	79,211	(39,864)
Advanced from director	1,279,047	(15,659)
Advanced from/to related parties	(90,658)	19,577
Net cash used in operating activities	(943,011)	(825,634)
Cash flows from investing activities:
Proceeds from disposal of assets held for sale	593,300	0
Proceeds from insurance recoveries	481,513	0
Withdrawal of deposit with bank	250,000	0
Purchase of property, plant and equipment	(358)	(1,403)
Net cash provided by (used in) investing activities	1,324,455	(1,403)
Cash flows from financing activities:
Repayments to lease liabilities	(614,474)	(66,635)
Repayment of bank loan	0	(29,561)
Lease interest paid	(5,681)	(23,925)
Advanced from related parties	0	55,375
Advanced from other payables	0	164,359
Proceeds from issuance of common stock and Common Stock to be issued	904,000	1,541,828
Cash outflow arising from cancellation of Common Stock	(45,000)	0
Net cash provided by financing activities	238,845	1,641,441
Net change in cash and cash equivalents	620,289	814,404
Foreign currency translation adjustment	(7,426)	(86,533)
Net change in cash and cash equivalents	612,863	727,871
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD	279,137	200,409
CASH AND CASH EQUIVALENTS, AT END OF PERIOD	892,000	928,280
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes	0	0
Cash paid for interest	$ 0	$ 0

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY - USD ($)	Total	Common Stock	Deferred Stock-based compensation [Member]	Additional Paid-In Capital [Member]	Accumulated other comprehensive (loss) Income [Member]	Noncontrolling Interest [Member]	Shares To Be Issued [Member]	Shares To Be Stock Cancelled [Member]	Accumulated Losses [Member]
Balance, shares at Jun. 30, 2023		1,176,200,278
Balance, amount at Jun. 30, 2023	$ 36,220,536	$ 1,176,200		$ 45,415,958	$ (79,192)		$ 0	$ 0	$ (10,292,430)
Share to be issued for private placement, shares		13,981,624
Share to be issued for private placement, amount	1,276,828	$ 0		1,262,846	0		13,982	0	0
Common stock subject to forfeiture, shares		(879,924)
Common stock subject to forfeiture, amount	(175,985)	$ 0		(175,105)	0		0	(880)	0
Net loss for the period	(549,461)	0		0	0		0	0	(549,461)
Foreign currency translation adjustment	(24,437)	$ 0		0	(24,437)		0	0	0
Balance, shares at Sep. 30, 2023		1,189,301,978
Balance, amount at Sep. 30, 2023	36,747,481	$ 1,176,200		46,503,699	(103,629)		13,982	(880)	(10,841,891)
Balance, shares at Jun. 30, 2023		1,176,200,278
Balance, amount at Jun. 30, 2023	36,220,536	$ 1,176,200		45,415,958	(79,192)		0	0	(10,292,430)
Net loss for the period	(1,075,799)
Balance, shares at Dec. 31, 2023		1,193,046,422
Balance, amount at Dec. 31, 2023	36,637,845	$ 1,192,371		46,898,955	(85,928)		1,556	(880)	(11,368,229)
Balance, shares at Sep. 30, 2023		1,189,301,978
Balance, amount at Sep. 30, 2023	36,747,481	$ 1,176,200		46,503,699	(103,629)		13,982	(880)	(10,841,891)
Share to be issued for private placement, shares		555,555
Share to be issued for private placement, amount	50,001	$ 0		49,445	0		556	0	0
Net loss for the period	(526,338)	0		0	0		0	0	(526,338)
Foreign currency translation adjustment	17,701	$ 0		0	17,701		0	0	0
Shares to be issued to service provider, shares		1,000,000
Shares to be issued to service provider, amount	134,000	$ 0		133,000	0		1,000	0	0
Shares issued for previously committed private placement, amount	0	$ 13,982		0	0		(13,982)	0	0
Shares issued for private placement, shares		2,188,889
Shares issued for private placement, amount	215,000	$ 2,189		212,811	0		0	0	0
Balance, shares at Dec. 31, 2023		1,193,046,422
Balance, amount at Dec. 31, 2023	36,637,845	$ 1,192,371		46,898,955	(85,928)		1,556	(880)	(11,368,229)
Balance, shares at Jun. 30, 2024		1,222,245,276
Balance, amount at Jun. 30, 2024	37,591,140	$ 1,199,358	$ 0	49,921,380	(71,906)	$ 0	22,887	(375)	(13,480,204)
Share to be issued for private placement, shares		800,000
Share to be issued for private placement, amount	80,000	$ 0	0	79,200	0	0	800	0	0
Net loss for the period	354,715	0	0	0	0	0	0	0	354,715
Foreign currency translation adjustment	(96,183)	$ 0	0	0	(96,183)	0	0	0	0
Shares to be issued to service provider, shares		2,302,890
Shares to be issued to service provider, amount	790,809	$ 2,303	0	788,506	0	0	0	0	0
Share issued for private placement, shares		5,224,439
Share issued for private placement, amount	504,000	$ 5,224	0	498,776	0	0	0	0	0
Shares issued for previously committed private placement, shares		0
Shares issued for previously committed private placement, amount	0	$ 21,988	0	0	0	0	(21,988)	0	0
Shares issued for previously committed issued to service provider, shares		0
Shares issued for previously committed issued to service provider, amount	0	$ 397	0	0	0	0	(397)	0	0
Shares issued for previously committed issued to employee	0	$ 502		0	0	0	(502)	0	0
Share issued to employee, shares		1,518,420
Share issued to employee, amount	410,731	$ 1,518	0	409,213	0	0	0	0	0
Shares issued arising from conversion of promissory notes, shares		9,655,542
Share issued arising from conversion of promissory notes, amount	675,888	$ 9,656	0	666,232	0	0	0	0	0
Balance, shares at Sep. 30, 2024		1,241,746,567
Balance, amount at Sep. 30, 2024	40,311,100	$ 1,240,946	0	52,363,307	(168,089)	0	800	(375)	(13,125,489)
Balance, shares at Jun. 30, 2024		1,222,245,276
Balance, amount at Jun. 30, 2024	37,591,140	$ 1,199,358	0	49,921,380	(71,906)	0	22,887	(375)	(13,480,204)
Net loss for the period	(2,339,614)
Balance, shares at Dec. 31, 2024		1,249,280,892
Balance, amount at Dec. 31, 2024	37,958,212	$ 1,241,296	(745,048)	53,385,101	(110,928)	(27)	7,984	(375)	(15,819,791)
Balance, shares at Sep. 30, 2024		1,241,746,567
Balance, amount at Sep. 30, 2024	40,311,100	$ 1,240,946	0	52,363,307	(168,089)	0	800	(375)	(13,125,489)
Net loss for the period	(2,694,329)	0	0	0	0	(27)	0	0	(2,694,302)
Foreign currency translation adjustment	57,161	$ 0	0	0	57,161	0	0	0	0
Shares to be issued to service provider, shares		4,656,550
Shares to be issued to service provider, amount	0	$ 0	(745,048)	740,392	0	0	4,656	0	0
Share issued for private placement, shares		3,277,775
Share issued for private placement, amount	320,000	$ 0	0	316,722	0	0	3,278	0	0
Shares issued for previously committed private placement, shares		0
Shares issued for previously committed private placement, amount	0	$ 800	0	0	0	0	(800)	0	0
Share issued to employee, shares		50,000
Share issued to employee, amount	$ 9,280	$ 0	$ 0	$ 9,230	$ 0	0	$ 50	$ 0	$ 0
Shares cancelled, shares		$ (450,000)
Shares cancelled, amount	(45,000)	(450)	0	(44,550)	0		0	0	0
Balance, shares at Dec. 31, 2024		1,249,280,892
Balance, amount at Dec. 31, 2024	$ 37,958,212	$ 1,241,296	$ (745,048)	$ 53,385,101	$ (110,928)	$ (27)	$ 7,984	$ (375)	$ (15,819,791)

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	6 Months Ended
	Dec. 31, 2024
ORGANIZATION AND BUSINESS BACKGROUND
ORGANIZATION AND BUSINESS BACKGROUND	NOTE 1 - ORGANIZATION AND BUSINESS BACKGROUND Verde Resources, Inc. (“We” or the “Company” or “VRDR”) was incorporated on April 22, 2010, in the State of Nevada, U.S.A.. The Company is a leader in Net Zero road construction and building materials, driving innovations that enhance sustainability and advance environmental stewardship. By integrating biochar, a highly effective carbon sequester and performance enhancer, the Company facilitates the industry’s seamless transition to zero emissions. This approach reduces greenhouse gas (“GHG”) emissions, optimizes the use of native soils and recycled materials, speeds installation, and improves efficiency while cutting costs. Since 2021, the Company’s BioFraction™ facility in Borneo has been converting palm waste into biochar and other sustainable byproducts. Operations in Borneo, Malaysia, experienced a temporary slowdown during the financial year due to the strategic focus on a test track partnership between the Company’s US-based subsidiary, Verde Renewables Inc., and the National Center for Asphalt Technology (NCAT). This partnership is rigorously testing the Company’s innovative Biochar-Asphalt technology, which is intended to provide superior performance, environmental sustainability, and the generation of Carbon Removal and Avoidance Credits. In December 2024, Verde Resources, in collaboration with C-Twelve Australia, successfully demonstrated its pioneering Biochar-Asphalt technology at the NCAT Test Track. Key achievements included retrofitting an existing asphalt plant to produce cold-based Biochar-Asphalt in winter conditions without heat, solvents or odors—resulting in a 50% increase in installation efficiency. The demonstration sequestered approximately 8 tons of carbon, with Carbon Removal Credits currently being certified under Puro.earth, marking the world’s first carbon removal credits generated through asphalt production and installation. The “Verde Net Zero Blueprint," a combination of low-carbon technologies and carbon credit generation, represents a breakthrough in sustainable building materials. Previously on August 8, 2024, CRH Ventures, the investment arm of CRH—the largest building materials company in North America and Europe—announced that Verde had been selected to scale up its Biochar-Asphalt technology for commercialization. Following the recent successful validation at NCAT, Verde is confident it will excel in the upcoming CRH pilot project. This success is expected to lead to a strategic licensing partnership, enabling the Company to credibly project future revenues to the public. With the Company’s proven technological advancements and strategic partnerships, the Company is confident that uplisting to Nasdaq is within reach. The successful validation of the Verde Net Zero Blueprint and the Company’s collaboration with CRH, provide a solid foundation for sustainable growth and market credibility. This is why the Company is engaging AUM—a trusted investor relations firm with a proven track record on Wall Street—to guide the Company through the uplisting process. With AUM’s expertise, the Company believes it is ready to share the Verde story with the broader investor community and position the Company for long-term success. On October 22, 2024, the Company entered into a service agreement with GECA Environment (“GECA”) to provide the Company with strategic support for carbon credit monetization. GECA is an internationally recognized firm, expert in carbon valorization and sequestration. GECA’s unmatched expertise and broad service offerings make it an invaluable partner for businesses and organizations seeking holistic waste valorization solutions. Committed to the global fight against climate change, GECA operates in over 15 countries with a diverse international team. With a proven track record in project development and successful brokerage of biochar-based carbon credits to renowned clients, GECA consistently delivers impactful, high-quality solutions for carbon removal. Under this service agreement, GECA will provide the Company with comprehensive strategic support focused on monetizing carbon attributes, specifically through biochar and carbon removal credits. This partnership aims to maximize the value of the Company's carbon removal initiatives via its Biochar-Asphalt and other Net Zero construction products while ensuring compliance with carbon market standards. The structure of the strategic advisory, for a duration of six (6) months, is a monthly retainer with a maximum number of hours allocated. The retainer starts at USD $5,000 per month. GECA will advise the Company of the expected time to conduct any requested task prior to starting. If a task requires it to go beyond the allotted hours, and which are approved by the Company, hourly rates for the executed work as defined in the service agreement will be added accordingly. The Company has undergone a restructuring exercise to shift its focus towards renewable energy and sustainable development with the world faced with challenges of climate change and environmental dehydration. The Company discontinued its mining business in March 2023, and its distribution of THC-free cannabinoid (CBD) products following the expiration of its supply agreement with MRX Xtractors, LLC on July 6, 2024. As of December 31, 2024, the Company has the following subsidiaries: Company name Place of incorporation Principal activities and place of operation Effective interest held Verde Resources Asia Pacific Limited (“VRAP”) British Virgin Islands Investment holding 100% Verde Resources (Malaysia) Sdn Bhd (“Verde Malaysia”) Malaysia Manufacturing and distribution of renewable agricultural commodities, and provision of consultation services related thereto 100% Verde Renewables, Inc. (“VRI”) State of Missouri, U.S.A. Trading of building materials and management of a processing and packaging facility 100% VerdePlus Inc. (“VerdePlus”) State of Missouri, U.S.A. Production of low-carbon building materials 55% Verde Life Inc. (“VLI”) State of Oregon, U.S.A. Distribution of THC-free cannabinoid (CBD) products [Operation terminated] 100% The Wision Project Sdn Bhd (“Wision”) Malaysia Digital innovation, marketing & consulting service, PR, branding, influencer marketing, event management and media relations services 100% Verde Estates LLC (“VEL”) State of Missouri, U.S.A. Holding real property 100% Bio Resources Limited (“BRL”) Labuan, Malaysia Proprietor of pyrolysis technology 100% The Company and its subsidiaries are hereinafter referred to as (the “Company”). On October 16, 2024, a new subsidiary, VerdePlus, Inc was incorporated in the State of Missouri, USA with an equity interest of 55%.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying unaudited condensed consolidated financial statements and notes. · Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by management in accordance with both accounting principles generally accepted in the United States (“GAAP”), and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and note disclosures normally included in audited financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. In the opinion of management, the condensed consolidated balance sheet as of June 30, 2024, which has been derived from audited financial statements and these unaudited condensed consolidated financial statements reflect all normal and recurring adjustments considered necessary to state fairly the results for the periods presented. The results for the period ended December 31, 2024, are not necessarily indicative of the results to be expected for the entire fiscal year ending June 30, 2025, or for any future period. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Management’s Discussion and the audited financial statements and notes thereto included in the Annual Report on Form 10-K for the year ended June 30, 2024, filed with the SEC on October 16, 2024. · Use of Estimates and Assumptions The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Significant accounting estimates reflected in the Company’s unaudited condensed consolidated financial statements include the useful lives of plant and equipment, impairment of long-lived assets (including intangible assets), allowance for expected credit losses, revenue recognition, income tax provision, deferred taxes and uncertain tax position. The inputs into the management’s judgments and estimates consider the geopolitical tension, inflationary and high-interest rate environment and other macroeconomic factors potentially effecting the Company’s critical and significant accounting estimates. Actual results could differ from these estimates. · Basis of Consolidation The unaudited condensed consolidated financial statements include the financial statements of Verde Resources, Inc. and its subsidiaries. All significant inter-company balances and transactions within the Company and its subsidiaries have been eliminated upon consolidation. The Company accounts for acquisitions in accordance with guidance found in ASC 805, Business Combinations · Segment Reporting Accounting Standard Codification (“ASC”) Topic 280, Segment Reporting · Concentrations of Credit Risk The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and receivables. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management also assesses the financial strength and credit worthiness of any parties to which it extends funds or trades with, and as such, it believes that any associated credit risk exposures are limited. · Risks and Uncertainties The Company newly operates in the supply of net zero road constructions and building materials, including financial, operational, technological, and other risks associated with the introduction of a new product offering, including the potential risk of business failure. · Cash and Cash Equivalents Cash and cash equivalents are carried at cost and represent cash in banks, money market funds, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $892,000 and $279,137 in cash and cash equivalents at December 31, 2024 and June 30, 2024. At December 31, 2024 and June 30, 2024, cash and cash equivalents consisted of petty cash on hand and cash in banks. · Deposits with bank Deposits held for investments that are not debt securities are included in short-term investments in the unaudited condensed consolidated balance sheets. Investments in time deposits with original maturities of more than three months but remaining maturities of less than one year are considered short-term investments. Investments held with the intent to reinvest or hold for longer than a year, or with remaining maturities of one year or more, are considered long-term investments. At December 31, 2024, and June 30, 2024, the interest rates and maturities of deposits with banks are 3.92% to 4.64% per annum and 60 to 270 days respectively. · Accounts Receivable Accounts receivable are recognized and carried at net realizable value. The Company maintains an allowance for expected credit loss to provide for the estimated number of receivables that will not be collected. The Company considers several factors in its estimate of the allowance, including knowledge of a client’s financial condition, its historical collection experience, and other factors relevant to assessing the collectability of such receivables. Bad debts are written off against allowances. An allowance for doubtful accounts will be recorded in the period when a loss is probable based on an assessment of specific evidence indicating troubled collection, historical experience, accounts aging, ongoing business relation and other factors. Accounts are written off after exhaustive efforts at collection. If accounts receivable are to be provided for, or written off, they would be recognized in the consolidated statement of operations within operating expenses. At December 31, 2024, and June 30, 2024, the Company has no allowance for doubtful accounts, as per management’s judgment based on their best knowledge. As of December 31, 2024 and June 30, 2024, the longest credit term for certain customers are 60 to 90 days. At December 31, 2024, and June 30, 2024, the allowance for doubtful accounts for accounts receivable amounted to $0 and $27,481 respectively, and for other receivables amounted to $0 and $29,842 respectively. · Expected Credit Loss ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments · Inventories Inventories are stated at the lower of cost or market value (net realizable value), cost being determined on a first-in-first-out method. Cost of raw materials include cost of materials and incidental costs in bringing the inventory to its current location. Costs of finished goods, on the other hand include material, labor and overhead costs. The Company provides inventory allowances based on excess and obsolete inventories determined principally by customer demand. As of December 31, 2024 and June 30, 2024, the write down of inventories amounted to $0 and $15,587 respectively, and inventories written off amounted to $0 and $5,978 respectively. · Property, Plant and Equipment Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful life Land and buildings 3-27.5 years Plant and machinery 5-10 years Office equipment 3 - 5 years Computer 5 years Motor vehicles 5 years Furniture and fittings 5 years Renovation 10 years Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterment which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the unaudited condensed consolidated statements of income and other comprehensive income in other income or expenses. Depreciation expense for the three months ended December 31, 2024 and 2023, totaled $67,145 and $104,988, respectively. Depreciation expense for the six months ended December 31, 2024 and 2023, were $137,375 and $207,586, respectively. · Intangible assets Intangible assets acquired from third parties are measured initially at fair value, and where they have an infinite life, are not amortized. The Company annually evaluates the recoverability of the infinite-lived intangible assets for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. The recoverability of these assets is measured by a comparison of the carrying amounts to the future discounted cash flows the assets are expected to generate. If such a review indicates that the carrying amount of intangible assets is not recoverable, the carrying amount of such assets is reduced to fair value. As of December 31, 2024 and June 30, 2024, the Company did not record an impairment on the intangible assets. · Assets held for sale The Company classifies assets as held-for-sale (“disposal group”) in the period when all of the relevant criteria to be classified as held for sale are met. These criteria include management’s commitment to sell the disposal group in its present condition and the sale being deemed probable of being completed within one year. Assets held for sale are reported at the lower of their carrying value or fair value less cost to sell. The fair values of disposal groups are estimated using accepted valuation techniques, including indicative listing prices. The Company considers historical experience, guidance received from third parties, and all information available at the time the estimates are made to derive fair value. Any loss resulting from the measurement is recognized in the period when the criteria held for sale are met. The Company assesses the fair value of a disposal group, less any costs to sell, each reporting period it remains classified as held for sale and reports any subsequent changes as an adjustment to the carrying value of the disposal group, as long as the new carrying value does not exceed the initial carrying value of the disposal group. Assets held-for-sale are not amortized or depreciated. · Impairment of Long-lived Assets In accordance with the provisions of ASC Topic 360, Impairment or Disposal of Long-Lived Assets Impairment loss on property, plant and equipment for the three and six months ended December 31, 2024, were $137,632, respectively, and for three and six months ended December 31, 2023, were $0, respectively. · Revenue Recognition ASC Topic 606, Revenue from Contracts with Customers The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. Revenue is recognized when the Company satisfies its performance obligation under the contract by transferring the promised product to its customer that obtains control of the product which typically occurs at delivery date at a point in time, and collection is reasonably assured. A performance obligation is a promise in a contract to transfer a distinct product or service to a customer. Most of the Company’s contracts have a single performance obligation, as the promise to transfer products or services is not separately identifiable from other promises in the contract and, therefore, not distinct. The Company considers customer order confirmations, whether formal or otherwise, to be a contract with the customer. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. The Company also follows the guidance provided in ASC 606, Revenue from Contracts with Customers The Company derives its revenue from the sale of products and services in its role as a principal. Rental income Rental income is recognized on a straight-line basis over the term of the respective lease agreement. · Cost of revenue Cost of revenue consists primarily of the cost of goods sold, which are directly attributable to the sales of products. · Leases The Company determines if an arrangement is a lease or contains a lease at inception. Operating lease liabilities are recognized based on the present value of the remaining lease payments, discounted using the discount rate for the lease at the commencement date. As the rate implicit in the lease is not readily determinable for the operating lease, the Company generally uses an incremental borrowing rate based on information available at the commencement date to determine the present value of future lease payments. Operating lease right-of-use (“ROU assets”) assets represent the Company’s right to control the use of an identified asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets are generally recognized based on the amount of the initial measurement of the lease liability. Lease expense is recognized on a straight-line basis over the lease term. ROU assets are reviewed for impairment when indicators of impairment are present. ROU assets from operating and finance leases are subject to the impairment guidance in ASC Topic 360, Property, Plant, and Equipment ROU assets are tested for impairment individually or as part of an asset group if the cash flows related to the ROU asset are not independent from the cash flows of other assets and liabilities. An asset group is the unit of accounting for long-lived assets to be held and used, which represents the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. The Company recognized no impairment of ROU assets as of December 31, 2024 and June 30, 2024. The operating lease is included in operating lease right-of-use assets and operating lease liabilities as current and non-current liabilities in the unaudited condensed consolidated balance sheets as of December 31, 2024 and June 30, 2024. Leases that transfer substantially all the rewards and risks of ownership to the lessee, other than legal title, are accounted for as finance leases. Substantially all of the risks or benefits of ownership are deemed to have been transferred if any one of the four criteria is met: (i) transfer of ownership to the lessee at the end of the lease term, (ii) the lease containing a bargain purchase option, (iii) the lease term exceeding 75% of the estimated economic life of the leased asset, (iv) the present value of the minimum lease payments exceeding 90% of the fair value. At the inception of a finance lease, we as the lessee records an asset and an obligation at an amount equal to the present value of the minimum lease payments. The leased asset is amortized over the shorter of the lease term or its estimated useful life if title does not transfer to us, while the leased asset is depreciated in accordance with our depreciation policy if the title is to eventually transfer to us. The periodic rent payments made during the lease term are allocated between a reduction in the obligation and interest element using the effective interest method in accordance with the provisions of ASC Topic 842. · Income Taxes The Company adopted the ASC Topic 740, Income tax The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary. · Uncertain Tax Positions The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC Topic 740 provisions of Section 740-10-25 for the three and six months ended December 31, 2024 and 2023. · Foreign Currencies Translation The Company’s functional and reporting currency is the United States dollar (“US$”) and the accompanying unaudited condensed consolidated financial statements have been expressed in United States dollars. The Company’s subsidiaries in Malaysia have functional currency of Malaysian Ringgit (“MYR”), being the primary currency of the economic environment in which their operations are conducted. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the unaudited condensed consolidated statement of operations. For reporting purposes, in accordance with ASC Topic 830 “ Translation of Financial Statements Translation of MYR into U.S. dollars has been made at the following exchange rates for the following periods: December 31, 2024 December 31, 2023 Period-end MYR:US$ exchange rate 0.22369 0.21790 Average period MYR:US$ exchange rate 0.22809 0.21512 · Comprehensive Income ASC Topic 220, Comprehensive Income · Non-controlling Interest The Company accounts for noncontrolling interest in accordance with ASC Topic 810-10-45, which requires the Company to present noncontrolling interests as a separate component of total shareholders’ equity on the consolidated balance sheets and the consolidated net loss attributable to the noncontrolling interest be clearly identified and presented on the face of the consolidated statements of operations and comprehensive loss. · Net Loss per Share The Company calculates net loss per share in accordance with ASC Topic 260, Earnings per Share · Stock Based Compensation The Company accounts for stock-based compensation in accordance with ASC Topic 718-10, Compensation-Stock Compensation Fair value is determined based on the estimated market prices of the Company’s Common Stock at the respective issuance date in accordance with ASC 718, taking into consideration the volatility of the market price of the shares, the terms of the instruments and the conditions upon which they were granted. Share based compensation for nonemployees for the three and six months ended December 31, 2024, were $273,853 and $545,859, respectively, and for three and six months ended December 31, 2023, were $44,273 and $31,150, respectively. Share based compensation for employees for the three and six months ended December 31, 2024, were $95,095 and $201,680 respectively, and for three and six months ended December 31, 2023, were $0, respectively. · Retirement Plan Costs Contributions to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements of operation as the related employee service are provided. · Related Parties The Company follows the ASC 850-10, Related Party Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The unaudited condensed consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. · Commitments and Contingencies The Company follows the ASC 450-20, Commitments If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s unaudited condensed consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows. · Fair Value of Financial Instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, restricted cash, deposits with banks, accounts receivable, prepayments, other receivables and deposits, amounts due from related parties, accounts payable, accrued liabilities and other payables, bank loans, amounts due to related parties approximate their fair values because of the short maturity of these instruments. · Recent Accounting Pronouncements During the period ended December 31, 2024, there have been no new, or existing, recently issued accounting pronouncements that are of significance, or potential significance, that impact the Company’s unaudited condensed consolidated financial statements. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures In November 2024, the FASB issued ASU No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40) Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date ("ASU 2025-01") In November 2024, the FASB issued ASU No. 2024-04, "Induced Conversions of Convertible Debt Instruments The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and believes the future adoption of any such pronouncements may not be expected to cause a material impact on its financial condition or the results of its operations.

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	6 Months Ended
	Dec. 31, 2024
GOING CONCERN UNCERTAINTIES
GOING CONCERN UNCERTAINTIES	NOTE 3 - GOING CONCERN UNCERTAINTIES The accompanying unaudited condensed consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has generated recurring losses and suffered from an accumulated deficit of $15,819,791 as of December 31, 2024. The Company’s ability to continue as a going concern over the next twelve months depends on the successful validation and certification of its net zero road construction blueprint, the Verde Net Zero Blueprint, On August 8, 2024. CRH, the largest building materials company in North America and Europe, listed on both the NYSE and the London Stock Exchange, announced through its investment arm, CRH Ventures, that it has selected the Company to scale up its Biochar-Asphalt technology for commercialization. There can be no assurance that the Company will be successful in its plans described above. These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These unaudited condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION	6 Months Ended
	Dec. 31, 2024
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION	NOTE 4 – BUSINESS SEGMENT INFORMATION Currently, the Company currently has three reportable business segments, mainly operating in: (i) Trading and production of building materials and renewable commodities; (ii) Holding of real property; and (iii) Licensing of proprietary pyrolysis technology. In the following table, revenue is disaggregated by primary major product line. The table also includes a reconciliation of the disaggregated revenue with the reportable segments for the three and six months ended December 31, 2024 and 2023: Three Months ended December 31, 2024 Trading and production of building materials and renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ 460 $ - $ - $ 1,963 $ 2,423 Cost of revenue (8,181 ) - - (1,371 ) (9,552 ) Gross loss (7,721 ) - - 592 (7,129 ) Selling, general & administrative expenses (2,051,939 ) (174,626 ) 6,729 (164,113 ) (2,383,949 ) Other operating expenses (50,698 ) - - - (50,698 ) Loss from operations (2,110,358 ) (174,626 ) 6,729 (163,521 ) (2,441,776 ) Interest expense (5,895 ) - - - (5,895 ) Rental income - 18,204 - - 18,204 Unrealised foreign exchange gain 2,886 - (1,129 ) (443,778 ) (442,021 ) Gain on disposal of property, plant and equipment - 161,156 - - 161,156 Other income 11,313 4,690 - - 16,003 Loss before income tax (2,102,054 ) 9,424 5,600 (607,299 ) (2,694,329 ) Income tax - - - - - Net loss $ (2,102,054 ) $ 9,424 $ 5,600 $ (607,299 ) $ (2,694,329 ) Total assets at December 31, 2024 $ 8,364,024 $ 548,866 $ 30,193,938 $ 638,772 $ 39,745,600 Three Months ended December 31, 2023 Distribution of THC-free cannabinoid (CBD) products Production and distribution of renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ - $ 554 $ - $ - $ 4,638 $ 5,192 Cost of revenue - (64,590 ) - - (4,255 ) (68,845 ) Gross (loss) profit - (64,036 ) - - 383 (63,653 ) Selling, general & administrative expenses - (388,070 ) (29,386 ) (5,031 ) (101,101 ) (523,588 ) Loss from operations - (452,106 ) (29,386 ) (5,031 ) (100,718 ) (587,241 ) Interest expense - (14,972 ) - - (28,745 ) (43,717 ) Rental income - - 18,204 - - 18,204 Other income - 205 - (171 ) 86,382 86,416 Loss before income tax - (466,873 ) (11,182 ) (5,202 ) (43,081 ) (526,338 ) Income tax - - - - - - Net loss $ - $ (466,873 ) $ (11,182 ) $ (5,202 ) $ (43,081 ) $ (526,338 ) Total assets at December 31, 2023 $ 194,009 $ 6,732,478 $ 1,216,978 $ 30,193,609 $ 1,131,183 $ 39,468,257 Six Months ended December 31, 2024 Trading and production of building materials and renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ 126,030 $ - $ - $ 1,963 $ 127,993 Cost of revenue (57,777 ) - - (1,371 ) (59,148 ) Gross profit 68,253 - - 592 68,845 Selling, general & administrative expenses (2,705,430 ) (213,228 ) - (280,220 ) (3,198,878 ) Other operating expenses (105,816 ) - - - (105,816 ) Loss from operations (2,742,993 ) (213,228 ) - (279,628 ) (3,235,849 ) Interest expense (14,904 ) - - (86,456 ) (101,360 ) Rental income - 34,100 - - 34,100 Unrealised foreign exchange gain 2,886 - (1,129 ) 274,923 276,680 Gain from insurance claims - 481,513 - - 481,513 Gain on disposal of property, plant and equipment - 161,156 - - 161,156 Other income 39,456 4,690 - - 44,146 (Loss) Profit before income tax (2,715,555 ) 468,231 (1,129 ) (91,161 ) (2,339,614 ) Income tax - - - - - Net loss $ (2,715,555 ) $ 468,231 $ (1,129 ) $ (91,161 ) $ (2,339,614 ) Total assets at December 31, 2024 $ 8,364,024 $ 548,866 $ 30,193,938 $ 638,772 $ 39,745,600 Six Months ended December 31, 2023 Distribution of THC-free cannabinoid (CBD) products Production and distribution of renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ - $ 2,803 $ - $ - $ 4,971 $ 7,774 Cost of revenue - (135,064 ) - - (4,297 ) (139,361 ) Gross (loss) profit - (132,261 ) - - 674 (131,587 ) General & administrative expenses (120 ) (722,395 ) (43,949 ) (5,231 ) (208,487 ) (980,182 ) Loss from operations (120 ) (854,656 ) (43,949 ) (5,231 ) (207,813 ) (1,111,769 ) Interest expense - (28,628 ) - - (56,295 ) (84,923 ) Rental income - - 34,100 - - 34,100 Other income - 411 - - 86,382 86,793 Loss before income tax (120 ) (882,873 ) (9,849 ) (5,231 ) (177,726 ) (1,075,799 ) Income tax - - - - - - Net loss $ (120 ) $ (882,873 ) $ (9,849 ) $ (5,231 ) $ (177,726 ) $ (1,075,799 ) Total assets at December 31, 2023 $ 194,009 $ 6,732,478 $ 1,216,978 $ 30,193,609 $ 1,131,183 $ 39,468,257 The below revenues are based on the countries in which the customer is located. Summarized financial information concerning the geographic segments is shown in the following tables: Three Months ended December 31, Six Months ended December 31, 2024 2023 2024 2023 Malaysia $ 2,423 $ 5,192 $ 2,873 $ 7,774 United States of America - - 125,120 - $ 2,423 $ 5,192 $ 127,993 $ 7,774

DEPOSIT WITH BANKS

DEPOSIT WITH BANKS	6 Months Ended
	Dec. 31, 2024
DEPOSIT WITH BANKS
DEPOSIT WITH BANKS	NOTE 5 – DEPOSIT WITH BANKS At December 31, 2024, and June 30, 2024, the interest rates and maturities of deposits with banks are 3.92% to 4.64% per annum and 60 to 270 days respectively

INVENTORIES

INVENTORIES	6 Months Ended
	Dec. 31, 2024
INVENTORIES
INVENTORIES	NOTE 6 – INVENTORIES Inventories as of December 31, 2024 and June 30, 2024 consisted of the following: December 31, 2024 June 30, 2024 Manufactured bio produce $ 73,933 $ 70,560 Trading goods 198,360 238,584 $ 272,293 $ 309,144 Trading goods represent bio asphalt products purchased from an external supplier.

OTHER RECEIVABLE DEPOSITS AND P

OTHER RECEIVABLE DEPOSITS AND PREPAYMENTS	6 Months Ended
	Dec. 31, 2024
OTHER RECEIVABLE DEPOSITS AND PREPAYMENTS
OTHER RECEIVABLE, DEPOSITS AND PREPAYMENTS	NOTE 7 – OTHER RECEIVABLES, DEPOSITS AND PREPAYMENTS Other receivable, deposits and prepayments as of December 31, 2024 and June 30, 2024 consisted of the following: December 31, 2024 June 30, 2024 Deposits $ 5,953 $ 4,775 Other receivables 67,358 31,929 $ 73,311 $ 36,704 Less: impairment on other receivables (31,317 ) (29,842 ) Other receivables and deposits, net $ 41,994 $ 6,862 Prepayments 26,866 12,645 Prepaid share-based compensation 1,698,526 214,528 $ 1,767,386 $ 234,035

PROPERTY PLANT AND EQUIPMENT

PROPERTY PLANT AND EQUIPMENT	6 Months Ended
	Dec. 31, 2024
PROPERTY PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT	NOTE 8 – PROPERTY, PLANT AND EQUIPMENT A summary of property, plant and equipment as of December 31, 2024 and June 30, 2024 is as follows: December 31, 2024 June 30, 2024 Land and buildings $ - $ 1,258,360 Plant and machinery 1,856,207 1,875,761 Office equipment 4,861 6,168 Computers 14,213 13,908 Motor vehicles 140,944 140,989 Furniture and fittings 4,421 16,359 Renovation 4,431 4,431 2,025,077 3,315,976 Less: accumulated depreciation (430,065 ) (382,141 ) Foreign exchange adjustment 90,708 (17,829 ) $ 1,685,720 $ 2,916,006 Depreciation expense for the three months ended December 31, 2024 and 2023, totaled $67,145 and $104,988, respectively. Depreciation expense for the six months ended December 31, 2024 and 2023, totaled $137,375 and $207,586, respectively. Impairment loss on property, plant and equipment for the three and six months ended December 31, 2024 were $137,632 respectively which relates to assets intended to be disposed and accordingly transferred to assets held for disposal at its carrying value of $350,000. Impairment loss on property, plant and equipment for three and six months ended December 31, 2023, were $0 respectively. Plant and machinery and motor vehicles with carrying values of $0 and $84,692 as of December 31, 2024 ($7,688 and $98,362 as of June 30, 2024) are acquired under financing arrangements. On December 10, 2024, CEO Jack Wong entered into a Sale and Purchase Agreement (“Agreement”) with VRI to purchase the Property at the current market value of $857,500 with payment in equal installments over 26 pay cycles. Pursuant to the Agreement, VRI shall immediately transfer ownership of the Property to CEO Jack Wong by Warranty Deed, free of encumbrances except as specified in the Agreement. The transfer of title was completed on January 9, 2025.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	6 Months Ended
	Dec. 31, 2024
INTANGIBLE ASSETS
INTANGIBLE ASSETS	NOTE 9 –INTANGIBLE ASSETS The intangible assets comprise (i) a global intellectual property (“IP”) of $30,192,771 known as “Catalytic Biofraction Process”, whereby, subsidiary Bio Resources Limited (“BRL”) is the beneficial and/or registered proprietor and (ii) an exclusive license assigned to Verde Malaysia for the operation of the IP in the state of Sabah, Malaysia of MYR 14,000,000 ($3,131,660). The “Catalytic Biofraction Process” is a slow pyrolysis process using a proprietary catalyst to depolymerize palm biomass wastes (empty fruit bunches or palm kernel shells) in temperature range of 350 degrees Celsius to 500 degrees Celsius to yield commercially valuable bio products: bio-oil, wood vinegar (pyroligneous acid), biochar and bio-syngas. The intellectual property is a second-generation pyrolysis process where non-food feedstock like palm biomass wastes is used as feedstock. Upon fulfilling UN’s (United Nations) ACM 22 protocol as well as LCA (Life Cycle Assessment) requirements, it is anticipated that the by-products from this IP would lead to certification and issuance of Carbon Avoidance Credits as well as Carbon Removal Credits to generate carbon revenue for the Company. During the annual impairment assessment, a quantitative assessment was conducted, which involved estimating the fair value of the asset using the income approach. The results indicated that the carrying amount of the asset was not impaired, and therefore no impairment loss was recognized for the period. Key assumptions in the quantitative assessment included: · Discount Rate · Plant daily capacity · Additional plants · Projected Production and Sales · Inflation The use of the estimates in the quantitative assessment are highly judgmental and actual results may differ significantly from what is currently assessed. Accordingly, fluctuations in any of the key attributes may result in a significant change in the projected cash flows underlying the quantitative assessment, which could have a material impact on the assessed values of the Intangible Asset.

ASSETS HELD FOR SALE

ASSETS HELD FOR SALE	6 Months Ended
	Dec. 31, 2024
ASSETS HELD FOR SALE
ASSETS HELD FOR SALE	NOTE 10 – ASSETS HELD FOR SALE Assets held for sale as of December 31, 2024, and June 30, 2024 consist of the following: December 31, 2024 June 30, 2024 Land and building $ 350,000 $ - Plant and machinery 213,494 213,494 Motor vehicles 392,549 392,549 $ 956,043 $ 606,043 Less: disposal (596,176 ) - $ 359,867 $ 606,043 The Company, through Verde Estates LLC, decided to sell La Belle Missouri (the “Property”) and entered into discussions with a buyer to sell the said Property prior to December 31, 2024. The Property has been presented separately in the balance sheet as assets held for sale as at December 31, 2024. On January 17, 2025, the Company entered into a Purchase and Sale Agreement (the “Agreement”) to TAFleer Properties LLC, a Missouri limited liability company (the “Buyer”). Under the terms of the Agreement, the proceeds for the sale of the Property shall be USD 350,000 to be paid in full by the Buyer at closing, in cash or by bank draft or money order. The disposition of the Property was completed in January 2025. On June 27, 2024, the Company, through its wholly-owned subsidiary Verde Renewables, Inc. (“VRI”), a company incorporated in the State of Missouri, U.S.A, entered into a Consignment Contract with ED’s Machinery LLC (“EDM”) to dispose plant and machinery and motor vehicles with a carrying amount of $606,043. The disposal was pending completion as at June 30,2024, and thus the assets had been presented separately in the balance sheets as assets held for sale. The disposal of assets with carrying values totaling $553,844 was completed as of September 30, 2024, and assets with carrying values totaling $27,145 and $15,187 was subsequently completed in October 2024 and December 2024. The disposition of remaining assets was completed in January 2025. Plant and machinery and motor vehicles with carrying values of $0 and $0 ($168,994 and $350,217 as of June 30, 2024) were acquired under financing arrangements.

DEPOSITS PAID

DEPOSITS PAID	6 Months Ended
	Dec. 31, 2024
DEPOSITS PAID
DEPOSITS PAID	NOTE 11 – DEPOSITS PAID At December 31, 2024 and June 30, 2024, deposits consist of the following: December 31, 2024 June 30, 2024 Security deposit - Factory site $ 80,000 $ 80,000 On March 2, 2022, the Company, through VRAP, entered into a Commercial Lease Agreement and Option to Purchase (“Segama Lease Agreement”) the factory site from Segama Ventures for a lease term of seven (7) years (“Lease Term”) at a monthly rental of MYR 36,000 ($8,571). The rental for the entire Lease Term amounting to the sum of MYR 3,024,000 ($720,000) (the “Lease Payment”) was paid in advance upon commencement of the Segama Lease Agreement together with a payment of security deposit for the sum of MYR 336,000 ($80,000) (the “Security Payment”).

BANK LOAN

BANK LOAN	6 Months Ended
	Dec. 31, 2024
BANK LOAN
BANK LOAN	NOTE 12 – BANK LOAN The bank loan represents a rolling facility to a maximum principal of $250,000 and is secured by deed of trusts from VRDR, land and building of VEL and a subsidiary who acts as guarantor for the performance of debts. The pledge was subsequently released on January 17, 2025. The interest on loan is fixed at 5.25%. per annum. Interest expense for the three months ended December 31, 2024 and 2023, totaled $4,587 and $2,482, respectively. Interest expense for the six months ended December 31, 2024 and 2023, totaled $9,223 and $4,703, respectively.

AMOUNTS DUE TO FROM RELATED PAR

AMOUNTS DUE TO FROM RELATED PARTIES AND DIRECTOR	6 Months Ended
	Dec. 31, 2024
AMOUNTS DUE TO FROM RELATED PARTIES AND DIRECTOR
AMOUNTS DUE TO FROM RELATED PARTIES AND DIRECTOR	NOTE 13 – AMOUNTS DUE TO/FROM RELATED PARTIES AND DIRECTOR The following breakdown of the balances due to/from related parties and director, consisted of: December 31, 2024 June 30, 2024 Amount due to related parties Borneo Oil Corporation Sdn. Bhd (“BOC”) (#2) $ 72,927 $ 70,677 Borneo Oil Berhad (“BOB”) (#1) 3,007 3,007 Taipan International Limited (#3) 119,153 119,153 Borneo Energy Sdn Bhd (#1) 15,414 14,599 Victoria Capital Sdn Bhd (#4) 5,592 93,270 UnitiMart Sdn Bhd (#1) - 7,782 Makin Teguh Sdn Bhd (#1) 19,379 19,379 J. Ambrose & Partners (#5) 50,438 48,588 SB Resorts Sdn Bhd (#2) 4,921 2,120 SB Supplies & Logistics Sdn Bhd (#1) 4,362 5,936 Borneo Eco Food Sdn. Bhd. (#1) - 1,039 $ 295,193 $ 385,550 Amount due from a related party Vetrolysis Limited (#6) $ 100 $ 100 Amount due to director Mr. Jack Wong (#7) $ 425,673 $ 4,188 (#1) Borneo Oil Berhad (“BOB”) is the ultimate holding company of Borneo Eco Food Sdn. Bhd., Borneo Energy Sdn. Bhd., SB Supplies & Logistic Sdn. Bhd. and UnitiMart Sdn. Bhd., and held 13.6% of the Company’s issued and outstanding Common Stock as of December 31, 2024. Makin Teguh Sdn Bhd is an associate of BOB. The advances are related to ordinary business transactions and bear no interest or collateral, and are repayable on demand. (#2) SB Resorts Sdn. Bhd. and Borneo Oil Corporation Sdn. Bhd. (“BOC”) are wholly owned subsidiaries of Borneo Oil Berhad (“BOB”) (holding 13.6% of the Company’s issued and outstanding common stock as of December 31, 2024). The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms. (#3) Taipan International Limited is one of the shareholders of the Company and held 31.6% of the Company’s issued and outstanding Common Stock as of December 31, 2024. The advances are related to ordinary business transactions and bear no interest or collateral, and are repayable on demand. (#4) Victoria Capital Sdn. Bhd. is one of the shareholders of the Company, and held 0.2% of the Company’s issued and outstanding Common Stock as of December 31, 2024. The advances are related to ordinary business transactions and bear no interest or collateral, and are repayable on demand. (#5) J. Ambrose & Partners is controlled by J Ambrose who is one of the shareholders of the Company, and he held 1.6% of the Company’s issued and outstanding Common Stock as of December 31, 2024. He is also a substantial shareholder of BOB. The advances are related to ordinary business transactions and bear no interest or collateral, and are repayable on demand. (#6) Encik Anuar bin Ismail, an indirect significant shareholder, is a director of Vetrolysis Limited (#7) Mr. Jack Wong is the Chief Executive Officer of the Company effective October 1, 2022. Further, Jack Wong was re-elected Director of the Company by Waiver and Consent of Shareholders, effective March 30, 2024.

PROMISSORY NOTE TO RELATED PART

PROMISSORY NOTE TO RELATED PARTIES	6 Months Ended
	Dec. 31, 2024
PROMISSORY NOTE TO RELATED PARTIES
PROMISSORY NOTE TO RELATED PARTIES	NOTE 14 – PROMISSORY NOTE TO RELATED PARTIES December 31, 2024 June 30, 2024 Promissory Note to related party $ - $ 591,170 The following is a reconciliation of the beginning and ending balances of promissory notes payable using Level 3 inputs: December 31, June 30, 2024 2024 Balance at the beginning of period or year $ 591,170 $ 487,790 Accretion of liability 84,718 103,380 Converted to Company’s restricted Common Stock (675,888 ) - Balance at the end of period or year $ - $ 591,170 On March 13, 2023, the Company and its former indirect wholly-owned subsidiary Champmark Sdn Bhd ("CSB") entered into a Settlement of Debts Agreement (the “SDA Agreement”) for the settlement in full of CSB’s account payable to a related party, Borneo Oil Corporation Sdn Bhd (“BOC”) by way of the issuance on March 13, 2023, of a two year term Promissory Note with the face value (principal) amount of $675,888, and bearing 2% coupon interest. The Note was repayable by May 12, 2025, either in cash or by the issuance of the Company’s restricted Common Stock priced at $0.07 per share at the discretion of the holder of the Promissory Note. The fair value of the Promissory Note of $481,023 was calculated using the net present value of estimated future cash flows with the assumptions of risk free rate at 4.03%, credit spread of 11.6% and liquidity risk premium of 5.6%. On August 16, 2024, the Company entered into a Supplementary Agreement to the SDA Agreement and Promissory Note with the Creditor to convert the total amount of $675,888 into 9,655,542 shares of the Company’s restricted Common Stock at the agreed conversion price of $0.07 per share for issuance on August 16, 2024. A total of 9,655,542 shares of the Company’s restricted Common Stock were issued on August 16, 2024, to Borneo Oil Berhad, the appointed nominee of the Creditor, to settle in full the total of USD 675,888 of CSB’s account payable to the Creditor. The Company recorded accretion of liability on promissory notes of $84,718 and $103,380 and presented as interest expense on promissory notes for the period ended December 31, 2024, and year ended June 30, 2024, respectively. Interest on promissory note at 2% were $0 and $3,402 for the three months ended December 31, 2024 and 2023, respectively. Interest on promissory note at 2% were $1,738 and $6,805 for the six months ended December 31, 2024 and 2023, respectively.

LEASES

LEASES	6 Months Ended
	Dec. 31, 2024
LEASES
LEASES	NOTE 15 - LEASES The Company adopted ASU No. 2016-02, Leases and determines whether an arrangement is a lease at inception. This determination generally depends on whether the arrangement conveys the right to control the use of an identified fixed asset explicitly or implicitly for a period of time in exchange for consideration. Control of an underlying asset is conveyed if we obtain the rights to direct the use of and to obtain substantially all of the economic benefit from the use of the underlying asset. Some of our leases include both lease and non-lease components which are accounted for as a single lease component as the Company has elected the practical expedient. Some of the operating lease agreements include variable lease costs, primarily taxes, insurance, common area maintenance or increases in rental costs related to inflation. Substantially all of our equipment leases and some of our real estate leases have terms of less than one year and, as such, are accounted for as short-term leases as we have elected the practical expedient. Operating leases are included in the right-of-use lease assets, and current and non-current lease liabilities on the Unaudited Condensed Consolidated Balance Sheet. Right-of-use assets and lease liabilities are recognized at each lease’s commencement date based on the present values of its lease payments over its respective lease term. When a borrowing rate is not explicitly available for a lease, the incremental borrowing rate is used based on information available at the lease’s commencement date to determine the present value of its lease payments. Operating lease payments are recognized on a straight-line basis over the lease term. The Company adopts a 5% as weighted average incremental borrowing rate to determine the present value of the lease payments. The weighted average remaining life of the lease was 3 years ending September 30, 2025. The table below presents the lease-related assets and liabilities recorded on the balance sheet. December 31, 2024 June 30, 2024 Assets Right-of-use asset (#1) $ 720,000 $ 720,000 Right-of-use asset (#2) 64,910 64,910 Total RoU assets $ 784,910 $ 784,910 Less: Amortisation (338,736 ) (275,428 ) $ 446,174 $ 509,482 Liabilities Current: Operating lease liabilities $ 17,604 $ 24,881 Finance lease liabilities 22,676 22,323 40,280 47,204 Finance lease liabilities – assets held for sale $ - $ 603,252 Non-current: Operating lease liabilities - 4,602 Finance lease liabilities 74,990 86,565 74,990 91,167 Total lease liabilities $ 115,270 $ 741,623 As of December 31, 2024, right-of-use assets were $446,174 and lease liabilities were $115,270. As of June 30, 2024, right-of-use assets were $509,482 and lease liabilities were $741,623. For the three months ended December 31, 2024 and 2023, the amortization charge on right-of use assets was $32,775 and $32,775, respectively. For the six months ended December 31, 2024 and 2023, the amortization charge on right-of-use was $63,308 and $61,345, respectively. (#1) This leasing arrangement for the lease of the Segama factory amounting to $720,000 is for a lease term of seven (7) years and included an exclusive right and option to purchase the factory site, together with all its right title and interest, for a consideration to be mutually agreed between the parties at any time during the period of two years from the date of the Lease Agreement ended March 1, 2024. The option was not exercised and has lapsed. There are no corresponding lease liabilities recorded as the lease payments for the entire lease period has been paid upfront upon inception of the agreement. (#2) This leasing arrangement as stated at fair value above is for the lease of an executive vehicle with a total liability of $84,718 and for a lease term of three (3) years ending September 30, 2025. The lease arrangement includes an option to purchase the said vehicle at an agreed consideration of $57,087 (“Purchase Price”) as stated in the Lease Agreement. The Company’s lease agreements do not contain any material restrictive covenants. The accretion of lease liability for the three and six months ended December 31, 2024, were $986 and $2,241, respectively and for the three and six months ended December 31, 2023, were $1,990 and $4,204, respectively. The Company excludes short-term leases (those with lease terms of less than one year at inception) from the measurement of lease liabilities or right-of-use assets. The following tables summarize the lease expense for the periods. Six Months ended December 31, 2024 2023 Finance lease cost: Interest on lease liabilities (per ASC 842) $ 5,681 $ 23,925 Operating lease cost: Operating lease expense (per ASC 842) 65,549 65,549 Total lease expense $ 71,230 $ 89,474 Components of Lease Expense The Company recognizes operating lease expense on a straight-line basis over the term of the operating leases, comprising interest expense determined using the effective interest method, and amortization of the right-of-use asset, as reported within “general and administrative” expense on the accompanying unaudited condensed consolidated statement of operations. Finance lease expense comprise of interest expenses determined using the effective interest method. Future Contractual Lease Payments as of December 31, 2024 The below table summarizes our (i) minimum lease payments over the next five years, (ii) lease arrangement implied interest, and (iii) present value of future lease payments for the next five years and thereafter ending December 31: Years ending December 31, Operating and finance lease amount 2025 $ 50,657 2026 24,771 2027 24,771 2028 12,712 2029 10,642 Thereafter - Total minimum finance lease liabilities payment 123,553 Less: interest (8,283 ) Present value of lease liabilities $ 115,270 Representing:- Current liabilities $ 40,280 Non-current liabilities 74,990 $ 115,270

STOCKHOLDERS EQUITY

STOCKHOLDERS EQUITY	6 Months Ended
	Dec. 31, 2024
STOCKHOLDERS EQUITY
STOCKHOLDERS' EQUITY	NOTE 16 - STOCKHOLDERS’ EQUITY Authorized Stock The Company has authorized 10,000,000,000 Common Shares and 50,000,000 preferred shares, both with a par value of $0.001 per share. Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought. Preferred stock outstanding There are no preferred shares outstanding as of December 31, 2024 and June 30, 2024. Common stock outstanding On July 24, 2024, the Company issued 3,194,443 restricted Common Shares for $287,500 at $0.09 per share to four US shareholders and 6,005,000 restricted Common Shares for $600,500 at $0.10 per share to twenty US shareholders and one non-US shareholder. On July 31, 2024, the Company issued 1,000,000 of the Company’s restricted Common Shares each to Dr. Nam Tran and Dr. Raymond Powell as part of the compensation package in the Services Agreements that the Company entered into with Dr. Nam Tran and Dr. Raymond Powell on April 20, 2024, for the service period from May 1, 2024, to April 30, 2025. On August 8, 2024, the Company issued 700,000 of the Company’s restricted Common Shares to Dale Ludwig as part of the compensation package in the Services Agreement that the Company entered into with Dale Ludwig on June 1, 2024, for the service period from June 1, 2024, to April 30, 2025. On August 9, 2024, the Company issued 888,888 restricted Common Shares for $80,000 at $0.09 per share to one US shareholder and 11,840,000 restricted Common Shares for $1,184,000 at $0.10 per share to twenty-three US shareholders and one non-US shareholder. On August 16, 2024, the Company issued 9,655,542 shares of the Company’s restricted Common Stock at the price of $0.07 per share to Borneo Oil Berhad in relation to the Settlement of Debts Agreement (the “SDA Agreement”) and a two-year term period Promissory Note entered into with its former indirect wholly-owned subsidiary Champmark Sdn Bhd (“CSM”) and CSM’s creditor Borneo Oil Corporation Sdn Bhd (the “Creditor”) to settle in full a total of USD $675,888 of CSM’s account payable. On March 13, 2023, the Company and CSM entered into an SDA Agreement and a two-year term period Promissory Note with the Creditor to settle in full a total of USD $675,888 of CSM’s account payable to the Creditor either in cash or by the issuance of new restricted shares of the Company’s Common Stock at a price of $0.07 per share. As set out in the SDA Agreement, the new restricted shares for settlement of the account payable to the Creditor shall be issued to the Creditor or its nominee. On August 16, 2024, the Company entered into a Supplementary Agreement to the SDA Agreement and Promissory Note with the Creditor to convert the total amount of $675,888 into 9,655,542 shares of the Company’s restricted Common Stock at the agreed conversion price of $0.07 per share for issuance on August 16, 2024. On August 26, 2024, the Company issued 722,221 restricted Common Shares for $65,000 at $0.09 per share to three US shareholders, 3,990,000 restricted Common Shares for $399,000 at $0.10 per share to six US shareholders and two non-US shareholders. On August 30, 2024, the Company issued 1,350,000 of the Company’s restricted Common Shares to Jeremy P. Concanon, Chief Growth Officer of the Company, as part of the compensation package in the Services Agreement that the Company entered into with Jeremy P. Concanon on July 31, 2024. On August 30, 2024, the Company issued 670,000 of the Company’s restricted Common Shares to Eric Bava, Chief Operating Officer of the Company, as part of the compensation package in the Employment Agreement that the Company entered into with Eric Bava on October 1, 2023, for his first year of service from October 1, 2023 to September 30, 2024. On September 16, 2024, the Company issued 222,222 restricted Common Shares for $20,000 at $0.09 per share to one US shareholder and 350,000 restricted Common Shares for $35,000 at $0.10 per share to two US shareholders. On October 16, 2024, the Company issued 800,000 restricted Common Shares for $80,000 at $0.10 per share to three US shareholders. On November 27, 2024, the Company cancelled 450,000 restricted Common Shares that were previously issued to two US shareholders. On September 8, 2023, the Company, through its wholly-owned subsidiary Verde Renewables, Inc. (“VRI”) entered into a Service and Stock Cancellation Agreement with EMGTA LLC to cancel the Services Agreement dated December 1, 2022, including the cancellation of 375,000 restricted Common Shares issued at $0.20 on December 31, 2022, totaling $75,000 as consideration for certain services. The cancellation is still in process. Not considering the commitment to cancel shares as above, there were 1,241,296,567 and 1,199,358,251 shares of Common Stock issued and outstanding as of December 31, 2024, and June 30, 2024. Apart from the Common Stocks committed to be issued as disclosed in Note 22, the Company has no stock option plan, warrants, or other dilutive securities issued as of December 31, 2024. As of June 30, 2024, 2,700,000 and 670,000 Common Stocks committed to be issued to non employees and an employee, respectively.

INCOME TAX

INCOME TAX	6 Months Ended
	Dec. 31, 2024
INCOME TAX
INCOME TAX	NOTE 17 - INCOME TAX For the six months ended December 31, 2024 and 2023, the local (“United States of America”) and foreign components incurred loss before income taxes as follows: Six Months ended December 31, 2024 2023 Tax jurisdiction from: - Local (US regime) $ (2,352,785 ) $ (794,892 ) - Foreign, including British Virgin Island 220,074 30,132 Malaysia (205,715 ) (305,808 ) Labuan, Malaysia (1,188 ) (5,231 ) Loss before income taxes $ (2,339,614 ) $ (1,075,799 ) The provision for income taxes consisted of the following: Six Months ended December 31, 2024 2023 Current tax: - Local $ - $ - - Foreign - - Deferred tax - Local - - - Foreign - - Income tax expense (benefit) $ - $ - The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The Company mainly operates in U.S.A. and Malaysia and are subject to taxes in the jurisdictions in which they operate, as follows: United States of America VRDR, VRI, VerdePlus and VLI are subject to the tax laws of United States of America. The U.S. corporate income tax rate is 21% effective January 1, 2018. The Company’s policy is to recognize accrued interest and penalties related to unrecognized tax benefits in its income tax provision. The Company has not accrued or paid interest or penalties which were not material to its results of operations for the periods presented. The Company has provided for a full valuation allowance against the deferred tax assets of $1,720,689 on the expected future tax benefits from the net operating loss (“NOL”) carry forwards of $8,193,757 as the management believes it is more likely than not that these assets will not be realized in the future. Net Operating Losses (NOLs) generated prior to January 1, 2018 are able to be carried forward up to twenty subsequent years. Any NOLs created for tax years subsequent to that may be carried forward indefinitely. However, any NOLs arising from tax years ending after December 31, 2020, can only be used to offset up to 80% of taxable income. For the six months ended December 31, 2024 and 2023, there were no operating income under US tax regime. BVI Under the current BVI law, VRAP is not subject to tax on income. Labuan Under the current laws of the Labuan applicable to BRL, income derived from an intellectual property right is subject to tax under the Malaysian Income Tax Act 1967 (ITA) at 24% of its chargeable income. However, BRL is not subject to income tax, given that it was a net loss position during the current period presented. The losses are presently not able to be carried forward to offset against its future operation income as income generating activities have not yet been undertaken. Malaysia The Company’s subsidiaries, Verde Malaysia and Wision are registered in Malaysia and are subject to the Malaysia corporate income tax at a standard income tax rate of 24% on chargeable income. The operation in Malaysia incurred $954,144 of cumulative net operating losses as of December 31, 2023, which can be carried forward to offset future taxable income. The net operating loss are allowed to be carried forward up to a maximum of ten (10) years of assessments under the current tax legislation in Malaysia. The Company has provided for a full valuation allowance against the deferred tax assets of $228,995 on the expected future tax benefits from the net operating loss (“NOL”) carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. Six Months ended December 31, 2024 2023 Loss before income taxes $ (205,715 ) $ (305,808 ) Statutory income tax rate 24 % 24 % Income tax expense at statutory rate (49,372 ) (73,394 ) Non-deductible items 28,254 26,122 Operating losses unable to carried forward 285 1,255 Valuation allowance 20,833 46,017 Income tax expense $ - $ - The following table sets forth the significant components of the deferred tax assets of the Company: December 31, 2024 June 30, 2024 Deferred tax assets: Net operating loss carryforwards, from US tax regime $ 1,720,689 $ 1,079,890 Malaysia tax regime 228,995 113,516 Less: valuation allowance (1,949,684 ) (1,193,406 ) Deferred tax assets, net $ - $ - The Company has recorded valuation allowances for certain tax attribute carry forwards and other deferred tax assets due to uncertainty that exists regarding future realizability. If in the future the Company believes that it is more likely than not that these deferred tax benefits will be realized, the majority of the valuation allowances will be reversed in the unaudited condensed consolidated statement of operations. The Company did not have uncertainty tax positions or events leading to uncertainty tax position within the next 12 months.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Dec. 31, 2024
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 18 - RELATED PARTY TRANSACTIONS Six Months ended December 31, 2024 2023 Related party transactions: Rental income: Mr. Jack Wong (#1) $ 30,000 $ 30,000 SB Resorts Sdn Bhd (#2) $ 2,053 $ - Professional services provided by: Warisan Khidmat Sdn Bhd (#3) $ - $ 9,035 Interest expense payable to: BOC (#2) $ 1,738 $ 6,805 Sale of property: Mr. Jack Wong (#1) $ 857,500 $ - Related party balances (other than those disclosed in Note 13 and Note 14): As of December 31, 2024 June 30, 2024 Trade payables Warisan Khidmat Sdn Bhd (#3) $ - $ 1,484 (#1) Mr. Jack Wong is the Chief Executive Officer of the Company effective October 1, 2022. By Waiver and Consent of Shareholders, Mr. Jack Wong was re-elected Director of the Company, effective March 30, 2024. This represents sale of the property located at 1138 Wildhorse Parkway Drive, Chesterfield, Missouri 63005 (“Property”) owned by Verde Renewables Inc (“VRI”), for a current market value of $857,500. A gain on disposal of $161,156 was recognized as a result of this transaction. (#2) SB Resorts Sdn. Bhd. and Borneo Oil Corporation Sdn Bhd (“BOC”) are wholly owned subsidiary of Borneo Oil Berhad (“BOB”) (holding 13.6% of the Company’s issued and outstanding common stock as of December 31, 2024). The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms. (#3) Warisan Khidmat Sdn. Bhd. is a company whose shareholdings is entirely held by a Director of Verde Malaysia. Apart from the transactions and balances detailed elsewhere in these accompanying unaudited condensed consolidated financial statements, the Company has no other significant or material related party transactions during the periods presented.

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	6 Months Ended
	Dec. 31, 2024
CONCENTRATIONS OF RISK
CONCENTRATIONS OF RISK	NOTE 19 - CONCENTRATIONS OF RISK The Company is exposed to the following concentrations of risk: (a) Major customers and major vendors For the six months ended December 31, 2024 and 2023, there was 1 single customer whose revenue exceeded 10% of the revenue in the segment of production and distribution of renewable commodities. Revenue December 31, 2024 Accounts Receivable December 31, 2024 USD % USD Customer A $ 125,120 98 % 187,314 There were no customers which exceeded 10% of revenue for the six months ended December 31, 2023. For the six months ended December 31, 2024, there was 1 single vendor whose direct cost exceeded 10% of the revenue in the segment of production and distribution of renewable commodities. Direct Costs December 31, 2024 Accounts Payable December 31, 2024 USD % USD Vendor A $ 8,800 15 % 8,800 There were no vendors which exceeded 10% of direct costs for the six months ended December 31, 2023. (b) Economic and political risk The Company’s major operations are conducted in U.S.A. and Malaysia. Accordingly, the political, economic, and legal environments in U.S.A. and Malaysia, as well as the general state of U.S.A. and Malaysia’s economy, as well as globally, may influence the Company’s business, financial condition, and results of operations. Further, the escalation tensions in the Middle East, including the continuing Russian – Ukraine conflict may impact the global economic situation, which indirectly may impact the Company’s operations. (c) Exchange rate risk The Company cannot guarantee that the current exchange rate will remain steady; therefore, there is a possibility that the Company could post the same amount of profit for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of HKD converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice.

PENSION COSTS

PENSION COSTS	6 Months Ended
	Dec. 31, 2024
PENSION COSTS
PENSION COSTS	NOTE 20 - PENSION COSTS The Company is required to make contribution to their employees under a government-mandated defined contribution pension scheme for its eligible full-times employees in Malaysia. The Company is required to contribute a specified percentage of the participants’ relevant income based on their ages and wages level. During the six months ended December 31, 2024, and 2023, $3,138 and $8,869 contributions were made accordingly.

SHARES ISSUED TO NON EMPLOYEE A

SHARES ISSUED TO NON EMPLOYEE AND EMPLOYEE	6 Months Ended
	Dec. 31, 2024
SHARES ISSUED TO NON EMPLOYEE AND EMPLOYEE
SHARES ISSUED TO NON EMPLOYEE AND EMPLOYEE	NOTE 21 - SHARES ISSUED TO NONEMPLOYEE AND EMPLOYEE On December 15, 2022, the Company entered into a Services Agreement with Looi Pei See (the “Looi Pei See Agreement”) to engage her as a consultant to develop the retail markets for the Company’s products and services in Malaysia and Singapore. The Company will pay Looi Pei See by the issuance of 1,140,000 shares of the Company’s restricted Common Stock, par value $ 0.001 per share on or before December 31, 2022. The shares were issued on December 31, 2022, for service period from December 15, 2022, to December 14, 2025. The fair value of 1,140,000 shares was $228,000 which calculated based on stock price of $ 0.20 per share on December 15, 2022 (date of issuance) and is being amortized over the service period. During the period ended December 31, 2024, the Company charged $36,429 to selling, general and administrative expenses as consulting expenses. On October 23, 2023, the Company, through its wholly-owned subsidiary VRI, entered into a Services Agreement (the “Fosnacht Agreement”) with Donald R. Fosnacht to engage him as National Certification and Extensive BCR (Biochar Carbon Removal) Implementation Specialist to develop and implement a comprehensive strategy to obtain national and regional certification and endorsement for carbon net-negative construction products with high biochar content, encompassing asphalt, concrete, and soil stabilization as designated in the Agreement. Under the Agreement, the Company will pay Donald R. Fosnacht by the issuance of 1,000,000 shares of the Company’s restricted Common Stock, par value $0.001 per share on or before January 31, 2024. The term of the Fosnacht Agreement will remain effective until December 31, 2025, and both parties may renew the agreement, or enter into a new agreement as may be mutually agreed on terms to be separately negotiated. The fair value of 1,000,000 shares was $134,000 which was calculated based on stock price of $ 0.134 per share on January 31, 2024 (date of issuance), and is being amortized over the service period. During the period ended December 31, 2024, the Company charged $30,782 to selling, general and administrative expenses as consulting expenses. On April 20, 2024, the Company entered into two Services Agreements (the “NIE Agreements”) with Dr. Nam Tran and Dr. Raymond Powell to engage them as National Implementation Experts for its wholly-owned subsidiary Verde Renewables, Inc. (“VRI”) to initiate connections with esteemed asphalt contractors, identify potential partners, explore potential collaborations through their extensive networks in the asphalt industry and recommend strategies to capitalize on emerging opportunities as designated in the NIE Agreements. Under the NIE Agreements, the Company will pay Dr. Nam Tran and Dr. Raymond Powell each by the issuance of 3,000,000 shares of the Company’s restricted Common Shares in three tranches of 1,000,000 shares each on or before July 31, 2024, October 31, 2025, and October 31, 2026, respectively. The term of the NIE Agreements will remain effective until April 30, 2027, and both parties may renew their respective agreement, or enter into a new agreement as may be mutually agreed on terms to be separately negotiated. Pursuant to the respective addendum to NIE Agreements dated June 29, 2024, each tranche of shares to be issued is compensation for each service period of 12 months beginning from May 1, 2024, May 1, 2025, and May 1, 2026, respectively. The fair value of the first 1,000,000 shares was $360,000 each, calculated based on stock price of $0.36 per share on July 31, 2024 (date of issuance), and is being amortized over the respective service period. During the period ended December 31, 2024, the Company charged a total of $362,960 to selling, general and administrative expenses as consulting expenses. On June 1, 2024, the Company entered into a multi-year Services Agreement (the “Ludwig Agreement”) with Dale Ludwig to engage him as Strategic Advisor for the Company and all its subsidiaries, to maintain and build strong relationships with policymakers at both state and federal levels, collaborate with Missouri Department of Transportation, build relationships with Missouri Asphalt Pavement Association (MAPA) members, collaborate with Missouri contractors to encourage the use of the Company's technologies, identify current biochar producers in Missouri and engage with the Missouri Department of Economic Development. Pursuant to the Ludwig Agreement, the Company agreed to issue a total of 2,000,000 restricted shares of the Company’s Common Stock to Dale Ludwig over three tranches of 700,000 shares on or before August 31, 2024, 700,000 shares on or before October 31, 2025, and 600,000 shares on or before October 31, 2026. Pursuant to the addendum to the Ludwig Agreement dated June 29, 2024, each tranche of shares to be issued is compensation for each service period beginning 11 months from June 1, and 12 months from 2024, May 1, 2025, and May 1, 2026, respectively. The fair value of the first 700,000 shares was $210,000, calculated based on stock price of $0.30 per share on August 8, 2024 (date of issuance) and is being amortized over the service period. During the period ended December 31, 2024, the Company charged $115,688 to selling, general and administrative expenses as consulting expenses. The Company agreed to issue 670,000 of the Company’s restricted Common Shares to Eric Bava, Chief Operating Officer of the Company, as part of the compensation package in the Bava Employment Agreement upon completing each full year of service. The term of the Bava Employment Agreement will remain effective until September 30, 2027. On August 30, 2024, the Company issued 670,000 of the Company’s restricted Common Shares to Eric Bava as part of the compensation package in the Bava Employment Agreement. The fair value of 670,000 shares was $181,235 which was calculated based on stock price of $0.2705 per share on August 30, 2024 (date of issuance), and is being amortized over the service period from October 1, 2023, to September 30, 2024. During the period ended December 31, 2024, the Company charged $45,556 to selling, general and administrative expenses as salary expenses. On July 31, 2024, Verde Renewables, Inc, a wholly owned subsidiary of the Company, entered into Service Agreement with Jeremy P. Concannon (Chief Growth Officer (“CGO”) of the Company effective from August 1, 2024) (the “Concannon Services Agreement”). Pursuant to the Concannon Services Agreement, the Company agreed to issue a total of 4,050,000 restricted shares of the Company’s Common Stock to Jeremy P. Concannon over three tranches of 1,350,000 shares each on or before August 31, 2024, August 31, 2025, and August 31, 2026 respectively. The term of the Concannon Service Agreement will remain effective until September 30, 2027, and both parties may renew the agreement, or enter into a new agreement as may be mutually agreed on terms to be separately negotiated. Pursuant to the addendum to the Concannon Service Agreement dated September 27, 2024, each tranche of shares to be issued as compensation for each service period beginning 12 months from August 1, 2024, and 2025, and for 14 months from August 1, 2026, to September 30, 2027, respectively. The fair value of the first 1,350,000 shares was $365,175, calculated based on stock price of $0.2705 per share on August 30, 2024 (date of issuance), and is being amortized over the service period. During the period ended December 31, 2024, the Company charged $153,073 to selling, general and administrative expenses as salary expenses. The Company agreed to issue 50,000 of the Company’s restricted Common Shares to Hannah Bruehl, Executive Assistant to C-Suite Executives of the Company for service period from September 3, 2024 to September 2, 2025, as part of the compensation package in the Employment Agreement signed on September 3, 2024. On January 3, 2025, the Company issued 50,000 of the Company’s restricted Common Shares to Hannah Bruehl. The fair value of 50,000 shares was $9,280 which was calculated based on stock price of $0.1856 per share on January 3, 2025 (date of issuance), and is being amortized over the service period from September 3, 2024 to September 2, 2025. During the period ended December 31, 2024, the Company charged $3,051 to selling, general and administrative expenses as salary expenses. On November 29, 2024, the Company, through its wholly-owned subsidiary Verde Renewables, Inc. (“VRI”), entered into a consulting services agreement (the “AUM Agreement”) to engage AUM Media Inc (“AUM”), a company incorporated in the State of Delaware, as a Capital Markets, Investor Relations and Media Relations Advisor to provide advice to the Company on its preparations for an equity raise and the planned uplisting to NASDAQ. Pursuant to terms of the AUM Agreement, the services will be provided by AUM on an annual contract basis and the agreement will continue for 12 months, starting January 1, 2025 to December 31, 2025 unless it is terminated in accordance with the termination terms under the AUM Agreement. VRI agreed to pay a fixed monthly discounted fee of $6,000 per month, payable in advance on the first day of each month. In addition, the Company shall issue shares equivalent to 9,313,100 shares of the Company’s restricted common stock to AUM or any affiliate to be designated by AUM, which represents 0.75% of the Company’s total shares outstanding as of November 29, 2024. The share issuance will occur as follows: 4,656,550 shares of the Company’s restricted common stock, being 50% of the 0.75% of the Company’s total shares outstanding, to be issued upon the signing of the Agreement, with the remaining 4,656,550 shares to be issued within three days following the Company's listing on the NASDAQ. Subsequently on January 2, 2025, the Company issued 4,656,550 of the Company’s restricted Common Shares to Aegis Ventures Limited as designated by AUM. The fair value of first 4,656,550 shares was $745,048 calculated based on stock price of $0.16 per share on November 29, 202 (grant date) and this non-cash stock-based compensation is recorded as deferred compensation under equity section and will be amortized over the service period of 12 months commencing January 2025.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Dec. 31, 2024
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 22 - COMMITMENTS AND CONTINGENCIES Future commitments with regards to repayment of lease liabilities are disclosed in Note 15. Apart from the above, as of December 31, 2024, the Company had the following capital commitment: a) commitment to issue restricted Common Shares to the following service provider on or before October 31, 2026, for services to be performed pursuant to the Service Agreements signed with nonemployees as disclosed in Note 16 and Note 21: Number of shares to be issued Financial year ended June 30, 2026: Nam Tran 1,000,000 Raymond Powell 1,000,000 Dale Ludwig 700,000 2,700,000 Financial year ended June 30, 2027: Nam Tran 1,000,000 Raymond Powell 1,000,000 Dale Ludwig 600,000 2,600,000 b) commitment to cancel 375,000 restricted Common Shares pursuant to the Service Agreement signed and Service and Stock Cancellation Agreement with EMGTA LLC as disclosed in Note 16. c) quarterly committed payments, to be paid in advance, of $50,000 from September 2024 to March 2025, and $62,500 from June 2025 to September 2026 to support a 3-year Performance Testing Project titled “Structural Capacity of Sustainable Pavement” pursuant to an agreement entered with The National Center for Asphalt Technology at Auburn University ("NCAT") on June 27, 2024. d) commitment to issue restricted Common Shares, comprising of 2,500,000 restricted Common Shares for $250,000 at $0.10 per share to seven US shareholders and 777,775 restricted Common Shares for $70,000 at $0.09 per share to six US shareholders. e) commitment to issue 4,656,550 restricted Common Shares to Aegis Ventures Limited pursuant to the terms of the consulting services agreement that the Company through its wholly-owned subsidiary Verde Renewables, Inc. entered into with AUM on November 29, 2024, with a further 4,656,550 shares committed to be issued within three days following the Company's listing on the NASDAQ. f) commitment to issue 50,000 restricted Common Shares to Hannah Bruehl pursuant to Employment Agreement signed on September 3, 2024 as disclosed in Note 21. As of December 31, 2024, the Company has no material contingencies.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Dec. 31, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 23 - SUBSEQUENT EVENTS In accordance with ASC Topic 855, “ Subsequent Events On January 2, 2025, the Company issued a total of 3,277,775 restricted Common Shares, comprising 2,500,000 restricted Common Shares for $250,000 at $0.10 per share to seven US shareholders and 777,775 restricted Common Shares for $70,000 at $0.09 per share to six US shareholders. On January 2, 2025, the Company issued 4,656,550 of the Company’s restricted Common Shares to Aegis Ventures Limited, being 50% of the 0.75% of the Company’s total shares outstanding pursuant to the terms of the consulting services agreement that the Company, through its wholly-owned subsidiary Verde Renewables, Inc., entered into with AUM on November 29, 2024, to engage AUM as a Capital Markets, Investor Relations and Media Relations Advisor to provide advice to the Company on its preparations for an equity raise and the planned uplisting to NASDAQ. The remaining 4,656,550 shares to be issued within three days following the Company's listing on the NASDAQ. On January 3, 2025, the Company issued 50,000 of the Company’s restricted Common Shares to Hannah Bruehl. The Company agreed to issue 50,000 of the Company’s restricted Common Shares to Hannah Bruehl, Executive Assistant to C-Suite Executives of the Company for service period from September 3, 2024 to September 2, 2025, as part of the compensation package in the Employment Agreement signed on September 3, 2024. On January 6, 2025, the Company cancelled 200,000 restricted Common Shares that were previously issued to two US shareholders. On January 17, 2025, the Company, through Verde Estates LLC, entered into a Purchase and Sale Agreement (the “Agreement”) to sell its property in La Belle Missouri (the “Property”) to TAFleer Properties LLC, a Missouri limited liability company (the “Buyer”). Under the terms of the Agreement, the proceeds for the sale of the Property shall be USD 350,000 to be paid in full by the Buyer at closing, in cash or by bank draft or money order. The property has been presented as assets held for disposal as of 31 December 2024 and the disposition was completed on January 17, 2025.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared by management in accordance with both accounting principles generally accepted in the United States (“GAAP”), and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Certain information and note disclosures normally included in audited financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. In the opinion of management, the condensed consolidated balance sheet as of June 30, 2024, which has been derived from audited financial statements and these unaudited condensed consolidated financial statements reflect all normal and recurring adjustments considered necessary to state fairly the results for the periods presented. The results for the period ended December 31, 2024, are not necessarily indicative of the results to be expected for the entire fiscal year ending June 30, 2025, or for any future period. These unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Management’s Discussion and the audited financial statements and notes thereto included in the Annual Report on Form 10-K for the year ended June 30, 2024, filed with the SEC on October 16, 2024.
Use of Estimates and Assumptions	The preparation of unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Significant accounting estimates reflected in the Company’s unaudited condensed consolidated financial statements include the useful lives of plant and equipment, impairment of long-lived assets (including intangible assets), allowance for expected credit losses, revenue recognition, income tax provision, deferred taxes and uncertain tax position. The inputs into the management’s judgments and estimates consider the geopolitical tension, inflationary and high-interest rate environment and other macroeconomic factors potentially effecting the Company’s critical and significant accounting estimates. Actual results could differ from these estimates.
Basis of Consolidation	The unaudited condensed consolidated financial statements include the financial statements of Verde Resources, Inc. and its subsidiaries. All significant inter-company balances and transactions within the Company and its subsidiaries have been eliminated upon consolidation. The Company accounts for acquisitions in accordance with guidance found in ASC 805, Business Combinations
Segment Reporting	Accounting Standard Codification (“ASC”) Topic 280, Segment Reporting
Concentrations of Credit Risk	The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash and cash equivalents and receivables. The Company places its cash and cash equivalents with financial institutions of high credit worthiness. At times, its cash and cash equivalents with a particular financial institution may exceed any applicable government insurance limits. The Company’s management also assesses the financial strength and credit worthiness of any parties to which it extends funds or trades with, and as such, it believes that any associated credit risk exposures are limited.
Risks and Uncertainties	The Company newly operates in the supply of net zero road constructions and building materials, including financial, operational, technological, and other risks associated with the introduction of a new product offering, including the potential risk of business failure.
Cash and Cash Equivalents	Cash and cash equivalents are carried at cost and represent cash in banks, money market funds, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. The Company had $892,000 and $279,137 in cash and cash equivalents at December 31, 2024 and June 30, 2024. At December 31, 2024 and June 30, 2024, cash and cash equivalents consisted of petty cash on hand and cash in banks.
Deposits with bank	Deposits held for investments that are not debt securities are included in short-term investments in the unaudited condensed consolidated balance sheets. Investments in time deposits with original maturities of more than three months but remaining maturities of less than one year are considered short-term investments. Investments held with the intent to reinvest or hold for longer than a year, or with remaining maturities of one year or more, are considered long-term investments. At December 31, 2024, and June 30, 2024, the interest rates and maturities of deposits with banks are 3.92% to 4.64% per annum and 60 to 270 days respectively.
Accounts Receivable	Accounts receivable are recognized and carried at net realizable value. The Company maintains an allowance for expected credit loss to provide for the estimated number of receivables that will not be collected. The Company considers several factors in its estimate of the allowance, including knowledge of a client’s financial condition, its historical collection experience, and other factors relevant to assessing the collectability of such receivables. Bad debts are written off against allowances. An allowance for doubtful accounts will be recorded in the period when a loss is probable based on an assessment of specific evidence indicating troubled collection, historical experience, accounts aging, ongoing business relation and other factors. Accounts are written off after exhaustive efforts at collection. If accounts receivable are to be provided for, or written off, they would be recognized in the consolidated statement of operations within operating expenses. At December 31, 2024, and June 30, 2024, the Company has no allowance for doubtful accounts, as per management’s judgment based on their best knowledge. As of December 31, 2024 and June 30, 2024, the longest credit term for certain customers are 60 to 90 days. At December 31, 2024, and June 30, 2024, the allowance for doubtful accounts for accounts receivable amounted to $0 and $27,481 respectively, and for other receivables amounted to $0 and $29,842 respectively.
Expected Credit Loss	ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments
Inventories	Inventories are stated at the lower of cost or market value (net realizable value), cost being determined on a first-in-first-out method. Cost of raw materials include cost of materials and incidental costs in bringing the inventory to its current location. Costs of finished goods, on the other hand include material, labor and overhead costs. The Company provides inventory allowances based on excess and obsolete inventories determined principally by customer demand. As of December 31, 2024 and June 30, 2024, the write down of inventories amounted to $0 and $15,587 respectively, and inventories written off amounted to $0 and $5,978 respectively.
Property, Plant and Equipment	Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational and after taking into account their estimated residual values: Expected useful life Land and buildings 3-27.5 years Plant and machinery 5-10 years Office equipment 3 - 5 years Computer 5 years Motor vehicles 5 years Furniture and fittings 5 years Renovation 10 years Expenditures for maintenance and repairs, which do not materially extend the useful lives of the assets, are charged to expense as incurred. Expenditures for major renewals and betterment which substantially extend the useful life of assets are capitalized. The cost and related accumulated depreciation of assets retired or sold are removed from the respective accounts, and any gain or loss is recognized in the unaudited condensed consolidated statements of income and other comprehensive income in other income or expenses. Depreciation expense for the three months ended December 31, 2024 and 2023, totaled $67,145 and $104,988, respectively. Depreciation expense for the six months ended December 31, 2024 and 2023, were $137,375 and $207,586, respectively.
Intangible assets	Intangible assets acquired from third parties are measured initially at fair value, and where they have an infinite life, are not amortized. The Company annually evaluates the recoverability of the infinite-lived intangible assets for possible impairment whenever events or circumstances indicate that the carrying amount of such assets may not be recoverable. The recoverability of these assets is measured by a comparison of the carrying amounts to the future discounted cash flows the assets are expected to generate. If such a review indicates that the carrying amount of intangible assets is not recoverable, the carrying amount of such assets is reduced to fair value. As of December 31, 2024 and June 30, 2024, the Company did not record an impairment on the intangible assets.
Assets held for sale	The Company classifies assets as held-for-sale (“disposal group”) in the period when all of the relevant criteria to be classified as held for sale are met. These criteria include management’s commitment to sell the disposal group in its present condition and the sale being deemed probable of being completed within one year. Assets held for sale are reported at the lower of their carrying value or fair value less cost to sell. The fair values of disposal groups are estimated using accepted valuation techniques, including indicative listing prices. The Company considers historical experience, guidance received from third parties, and all information available at the time the estimates are made to derive fair value. Any loss resulting from the measurement is recognized in the period when the criteria held for sale are met. The Company assesses the fair value of a disposal group, less any costs to sell, each reporting period it remains classified as held for sale and reports any subsequent changes as an adjustment to the carrying value of the disposal group, as long as the new carrying value does not exceed the initial carrying value of the disposal group. Assets held-for-sale are not amortized or depreciated.
Impairment of Long-lived Assets	In accordance with the provisions of ASC Topic 360, Impairment or Disposal of Long-Lived Assets Impairment loss on property, plant and equipment for the three and six months ended December 31, 2024, were $137,632, respectively, and for three and six months ended December 31, 2023, were $0, respectively.
Revenue Recognition	ASC Topic 606, Revenue from Contracts with Customers The Company applies the following five steps in order to determine the appropriate amount of revenue to be recognized as it fulfills its obligations under each of its agreements: · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. Revenue is recognized when the Company satisfies its performance obligation under the contract by transferring the promised product to its customer that obtains control of the product which typically occurs at delivery date at a point in time, and collection is reasonably assured. A performance obligation is a promise in a contract to transfer a distinct product or service to a customer. Most of the Company’s contracts have a single performance obligation, as the promise to transfer products or services is not separately identifiable from other promises in the contract and, therefore, not distinct. The Company considers customer order confirmations, whether formal or otherwise, to be a contract with the customer. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. The Company also follows the guidance provided in ASC 606, Revenue from Contracts with Customers The Company derives its revenue from the sale of products and services in its role as a principal. Rental income Rental income is recognized on a straight-line basis over the term of the respective lease agreement.
Cost of revenue	Cost of revenue consists primarily of the cost of goods sold, which are directly attributable to the sales of products.
Leases	The Company determines if an arrangement is a lease or contains a lease at inception. Operating lease liabilities are recognized based on the present value of the remaining lease payments, discounted using the discount rate for the lease at the commencement date. As the rate implicit in the lease is not readily determinable for the operating lease, the Company generally uses an incremental borrowing rate based on information available at the commencement date to determine the present value of future lease payments. Operating lease right-of-use (“ROU assets”) assets represent the Company’s right to control the use of an identified asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets are generally recognized based on the amount of the initial measurement of the lease liability. Lease expense is recognized on a straight-line basis over the lease term. ROU assets are reviewed for impairment when indicators of impairment are present. ROU assets from operating and finance leases are subject to the impairment guidance in ASC Topic 360, Property, Plant, and Equipment ROU assets are tested for impairment individually or as part of an asset group if the cash flows related to the ROU asset are not independent from the cash flows of other assets and liabilities. An asset group is the unit of accounting for long-lived assets to be held and used, which represents the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. The Company recognized no impairment of ROU assets as of December 31, 2024 and June 30, 2024. The operating lease is included in operating lease right-of-use assets and operating lease liabilities as current and non-current liabilities in the unaudited condensed consolidated balance sheets as of December 31, 2024 and June 30, 2024. Leases that transfer substantially all the rewards and risks of ownership to the lessee, other than legal title, are accounted for as finance leases. Substantially all of the risks or benefits of ownership are deemed to have been transferred if any one of the four criteria is met: (i) transfer of ownership to the lessee at the end of the lease term, (ii) the lease containing a bargain purchase option, (iii) the lease term exceeding 75% of the estimated economic life of the leased asset, (iv) the present value of the minimum lease payments exceeding 90% of the fair value. At the inception of a finance lease, we as the lessee records an asset and an obligation at an amount equal to the present value of the minimum lease payments. The leased asset is amortized over the shorter of the lease term or its estimated useful life if title does not transfer to us, while the leased asset is depreciated in accordance with our depreciation policy if the title is to eventually transfer to us. The periodic rent payments made during the lease term are allocated between a reduction in the obligation and interest element using the effective interest method in accordance with the provisions of ASC Topic 842.
Income Taxes	The Company adopted the ASC Topic 740, Income tax The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary.
Uncertain Tax Positions	The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC Topic 740 provisions of Section 740-10-25 for the three and six months ended December 31, 2024 and 2023.
Foreign Currencies Translation	The Company’s functional and reporting currency is the United States dollar (“US$”) and the accompanying unaudited condensed consolidated financial statements have been expressed in United States dollars. The Company’s subsidiaries in Malaysia have functional currency of Malaysian Ringgit (“MYR”), being the primary currency of the economic environment in which their operations are conducted. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the unaudited condensed consolidated statement of operations. For reporting purposes, in accordance with ASC Topic 830 “ Translation of Financial Statements Translation of MYR into U.S. dollars has been made at the following exchange rates for the following periods: December 31, 2024 December 31, 2023 Period-end MYR:US$ exchange rate 0.22369 0.21790 Average period MYR:US$ exchange rate 0.22809 0.21512
Comprehensive Income	ASC Topic 220, Comprehensive Income
Non-controlling Interest	The Company accounts for noncontrolling interest in accordance with ASC Topic 810-10-45, which requires the Company to present noncontrolling interests as a separate component of total shareholders’ equity on the consolidated balance sheets and the consolidated net loss attributable to the noncontrolling interest be clearly identified and presented on the face of the consolidated statements of operations and comprehensive loss.
Net Loss per Share	The Company calculates net loss per share in accordance with ASC Topic 260, Earnings per Share
Stock Based Compensation	The Company accounts for stock-based compensation in accordance with ASC Topic 718-10, Compensation-Stock Compensation Fair value is determined based on the estimated market prices of the Company’s Common Stock at the respective issuance date in accordance with ASC 718, taking into consideration the volatility of the market price of the shares, the terms of the instruments and the conditions upon which they were granted. Share based compensation for nonemployees for the three and six months ended December 31, 2024, were $273,853 and $545,859, respectively, and for three and six months ended December 31, 2023, were $44,273 and $31,150, respectively. Share based compensation for employees for the three and six months ended December 31, 2024, were $95,095 and $201,680 respectively, and for three and six months ended December 31, 2023, were $0, respectively.
Retirement Plan Costs	Contributions to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements of operation as the related employee service are provided.
Related Parties	The Company follows the ASC 850-10, Related Party Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The unaudited condensed consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Commitments and contingencies	The Company follows the ASC 450-20, Commitments If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s unaudited condensed consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.
Fair Value of Financial Instruments	The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, restricted cash, deposits with banks, accounts receivable, prepayments, other receivables and deposits, amounts due from related parties, accounts payable, accrued liabilities and other payables, bank loans, amounts due to related parties approximate their fair values because of the short maturity of these instruments.
Recent Accounting Pronouncements	During the period ended December 31, 2024, there have been no new, or existing, recently issued accounting pronouncements that are of significance, or potential significance, that impact the Company’s unaudited condensed consolidated financial statements. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures In November 2024, the FASB issued ASU No. 2024-03, Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40) Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date ("ASU 2025-01") In November 2024, the FASB issued ASU No. 2024-04, "Induced Conversions of Convertible Debt Instruments The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and believes the future adoption of any such pronouncements may not be expected to cause a material impact on its financial condition or the results of its operations.

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Tables)	6 Months Ended
	Dec. 31, 2024
ORGANIZATION AND BUSINESS BACKGROUND
Summary of subsidiaris companies	Company name Place of incorporation Principal activities and place of operation Effective interest held Verde Resources Asia Pacific Limited (“VRAP”) British Virgin Islands Investment holding 100% Verde Resources (Malaysia) Sdn Bhd (“Verde Malaysia”) Malaysia Manufacturing and distribution of renewable agricultural commodities, and provision of consultation services related thereto 100% Verde Renewables, Inc. (“VRI”) State of Missouri, U.S.A. Trading of building materials and management of a processing and packaging facility 100% VerdePlus Inc. (“VerdePlus”) State of Missouri, U.S.A. Production of low-carbon building materials 55% Verde Life Inc. (“VLI”) State of Oregon, U.S.A. Distribution of THC-free cannabinoid (CBD) products [Operation terminated] 100% The Wision Project Sdn Bhd (“Wision”) Malaysia Digital innovation, marketing & consulting service, PR, branding, influencer marketing, event management and media relations services 100% Verde Estates LLC (“VEL”) State of Missouri, U.S.A. Holding real property 100% Bio Resources Limited (“BRL”) Labuan, Malaysia Proprietor of pyrolysis technology 100%

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of expected life of Property, Plant and Equipment	Expected useful life Land and buildings 3-27.5 years Plant and machinery 5-10 years Office equipment 3 - 5 years Computer 5 years Motor vehicles 5 years Furniture and fittings 5 years Renovation 10 years
Schedule of foreign currencies translation	December 31, 2024 December 31, 2023 Period-end MYR:US$ exchange rate 0.22369 0.21790 Average period MYR:US$ exchange rate 0.22809 0.21512

BUSINESS SEGMENT INFORMATION (T

BUSINESS SEGMENT INFORMATION (Tables)	6 Months Ended
	Dec. 31, 2024
BUSINESS SEGMENT INFORMATION
Schedule of reconciliation of the disaggregated revenue	Three Months ended December 31, 2024 Trading and production of building materials and renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ 460 $ - $ - $ 1,963 $ 2,423 Cost of revenue (8,181 ) - - (1,371 ) (9,552 ) Gross loss (7,721 ) - - 592 (7,129 ) Selling, general & administrative expenses (2,051,939 ) (174,626 ) 6,729 (164,113 ) (2,383,949 ) Other operating expenses (50,698 ) - - - (50,698 ) Loss from operations (2,110,358 ) (174,626 ) 6,729 (163,521 ) (2,441,776 ) Interest expense (5,895 ) - - - (5,895 ) Rental income - 18,204 - - 18,204 Unrealised foreign exchange gain 2,886 - (1,129 ) (443,778 ) (442,021 ) Gain on disposal of property, plant and equipment - 161,156 - - 161,156 Other income 11,313 4,690 - - 16,003 Loss before income tax (2,102,054 ) 9,424 5,600 (607,299 ) (2,694,329 ) Income tax - - - - - Net loss $ (2,102,054 ) $ 9,424 $ 5,600 $ (607,299 ) $ (2,694,329 ) Total assets at December 31, 2024 $ 8,364,024 $ 548,866 $ 30,193,938 $ 638,772 $ 39,745,600 Three Months ended December 31, 2023 Distribution of THC-free cannabinoid (CBD) products Production and distribution of renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ - $ 554 $ - $ - $ 4,638 $ 5,192 Cost of revenue - (64,590 ) - - (4,255 ) (68,845 ) Gross (loss) profit - (64,036 ) - - 383 (63,653 ) Selling, general & administrative expenses - (388,070 ) (29,386 ) (5,031 ) (101,101 ) (523,588 ) Loss from operations - (452,106 ) (29,386 ) (5,031 ) (100,718 ) (587,241 ) Interest expense - (14,972 ) - - (28,745 ) (43,717 ) Rental income - - 18,204 - - 18,204 Other income - 205 - (171 ) 86,382 86,416 Loss before income tax - (466,873 ) (11,182 ) (5,202 ) (43,081 ) (526,338 ) Income tax - - - - - - Net loss $ - $ (466,873 ) $ (11,182 ) $ (5,202 ) $ (43,081 ) $ (526,338 ) Total assets at December 31, 2023 $ 194,009 $ 6,732,478 $ 1,216,978 $ 30,193,609 $ 1,131,183 $ 39,468,257 Six Months ended December 31, 2024 Trading and production of building materials and renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ 126,030 $ - $ - $ 1,963 $ 127,993 Cost of revenue (57,777 ) - - (1,371 ) (59,148 ) Gross profit 68,253 - - 592 68,845 Selling, general & administrative expenses (2,705,430 ) (213,228 ) - (280,220 ) (3,198,878 ) Other operating expenses (105,816 ) - - - (105,816 ) Loss from operations (2,742,993 ) (213,228 ) - (279,628 ) (3,235,849 ) Interest expense (14,904 ) - - (86,456 ) (101,360 ) Rental income - 34,100 - - 34,100 Unrealised foreign exchange gain 2,886 - (1,129 ) 274,923 276,680 Gain from insurance claims - 481,513 - - 481,513 Gain on disposal of property, plant and equipment - 161,156 - - 161,156 Other income 39,456 4,690 - - 44,146 (Loss) Profit before income tax (2,715,555 ) 468,231 (1,129 ) (91,161 ) (2,339,614 ) Income tax - - - - - Net loss $ (2,715,555 ) $ 468,231 $ (1,129 ) $ (91,161 ) $ (2,339,614 ) Total assets at December 31, 2024 $ 8,364,024 $ 548,866 $ 30,193,938 $ 638,772 $ 39,745,600 Six Months ended December 31, 2023 Distribution of THC-free cannabinoid (CBD) products Production and distribution of renewable commodities Holding property Licensor of proprietary pyrolysis technology Corporate unallocated Consolidated Revenue $ - $ 2,803 $ - $ - $ 4,971 $ 7,774 Cost of revenue - (135,064 ) - - (4,297 ) (139,361 ) Gross (loss) profit - (132,261 ) - - 674 (131,587 ) General & administrative expenses (120 ) (722,395 ) (43,949 ) (5,231 ) (208,487 ) (980,182 ) Loss from operations (120 ) (854,656 ) (43,949 ) (5,231 ) (207,813 ) (1,111,769 ) Interest expense - (28,628 ) - - (56,295 ) (84,923 ) Rental income - - 34,100 - - 34,100 Other income - 411 - - 86,382 86,793 Loss before income tax (120 ) (882,873 ) (9,849 ) (5,231 ) (177,726 ) (1,075,799 ) Income tax - - - - - - Net loss $ (120 ) $ (882,873 ) $ (9,849 ) $ (5,231 ) $ (177,726 ) $ (1,075,799 ) Total assets at December 31, 2023 $ 194,009 $ 6,732,478 $ 1,216,978 $ 30,193,609 $ 1,131,183 $ 39,468,257
Schedule of financial information, geographic segment	Three Months ended December 31, Six Months ended December 31, 2024 2023 2024 2023 Malaysia $ 2,423 $ 5,192 $ 2,873 $ 7,774 United States of America - - 125,120 - $ 2,423 $ 5,192 $ 127,993 $ 7,774

INVENTORIES (Tables)

INVENTORIES (Tables)	6 Months Ended
	Dec. 31, 2024
INVENTORIES
Schedule of inventories	December 31, 2024 June 30, 2024 Manufactured bio produce $ 73,933 $ 70,560 Trading goods 198,360 238,584 $ 272,293 $ 309,144

OTHER RECEIVABLE DEPOSITS AND_2

OTHER RECEIVABLE DEPOSITS AND PREPAYMENTS (Tables)	6 Months Ended
	Dec. 31, 2024
OTHER RECEIVABLE DEPOSITS AND PREPAYMENTS
Schedule of deposits and prepayments	December 31, 2024 June 30, 2024 Deposits $ 5,953 $ 4,775 Other receivables 67,358 31,929 $ 73,311 $ 36,704 Less: impairment on other receivables (31,317 ) (29,842 ) Other receivables and deposits, net $ 41,994 $ 6,862 Prepayments 26,866 12,645 Prepaid share-based compensation 1,698,526 214,528 $ 1,767,386 $ 234,035

PROPERTY PLANT AND EQUIPMENT (T

PROPERTY PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Dec. 31, 2024
PROPERTY PLANT AND EQUIPMENT
Schedule of property, plant and equipment	December 31, 2024 June 30, 2024 Land and buildings $ - $ 1,258,360 Plant and machinery 1,856,207 1,875,761 Office equipment 4,861 6,168 Computers 14,213 13,908 Motor vehicles 140,944 140,989 Furniture and fittings 4,421 16,359 Renovation 4,431 4,431 2,025,077 3,315,976 Less: accumulated depreciation (430,065 ) (382,141 ) Foreign exchange adjustment 90,708 (17,829 ) $ 1,685,720 $ 2,916,006

ASSETS HELD FOR SALE (Tables)

ASSETS HELD FOR SALE (Tables)	6 Months Ended
	Dec. 31, 2024
ASSETS HELD FOR SALE
Schedule Of Assets Held For Sale	December 31, 2024 June 30, 2024 Land and building $ 350,000 $ - Plant and machinery 213,494 213,494 Motor vehicles 392,549 392,549 $ 956,043 $ 606,043 Less: disposal (596,176 ) - $ 359,867 $ 606,043

DEPOSITS PAID (Tables)

DEPOSITS PAID (Tables)	6 Months Ended
	Dec. 31, 2024
DEPOSITS PAID
Schedule of deposit paid	December 31, 2024 June 30, 2024 Security deposit - Factory site $ 80,000 $ 80,000

AMOUNTS DUE TO FROM RELATED P_2

AMOUNTS DUE TO FROM RELATED PARTIES AND DIRECTOR (Tables)	6 Months Ended
	Dec. 31, 2024
AMOUNTS DUE TO FROM RELATED PARTIES AND DIRECTOR
Schedule of breakdown balances due to related parties	December 31, 2024 June 30, 2024 Amount due to related parties Borneo Oil Corporation Sdn. Bhd (“BOC”) (#2) $ 72,927 $ 70,677 Borneo Oil Berhad (“BOB”) (#1) 3,007 3,007 Taipan International Limited (#3) 119,153 119,153 Borneo Energy Sdn Bhd (#1) 15,414 14,599 Victoria Capital Sdn Bhd (#4) 5,592 93,270 UnitiMart Sdn Bhd (#1) - 7,782 Makin Teguh Sdn Bhd (#1) 19,379 19,379 J. Ambrose & Partners (#5) 50,438 48,588 SB Resorts Sdn Bhd (#2) 4,921 2,120 SB Supplies & Logistics Sdn Bhd (#1) 4,362 5,936 Borneo Eco Food Sdn. Bhd. (#1) - 1,039 $ 295,193 $ 385,550 Amount due from a related party Vetrolysis Limited (#6) $ 100 $ 100 Amount due to director Mr. Jack Wong (#7) $ 425,673 $ 4,188

PROMISSORY NOTE TO RELATED PA_2

PROMISSORY NOTE TO RELATED PARTIES (Tables)	6 Months Ended
	Dec. 31, 2024
PROMISSORY NOTE TO RELATED PARTIES
Schedule of promissory notes	December 31, 2024 June 30, 2024 Promissory Note to related party $ - $ 591,170
Schedule of reconciliation of promissory notes payable	December 31, June 30, 2024 2024 Balance at the beginning of period or year $ 591,170 $ 487,790 Accretion of liability 84,718 103,380 Converted to Company’s restricted Common Stock (675,888 ) - Balance at the end of period or year $ - $ 591,170

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Dec. 31, 2024
LEASES
Schedule of lease-related assets and liabilities	December 31, 2024 June 30, 2024 Assets Right-of-use asset (#1) $ 720,000 $ 720,000 Right-of-use asset (#2) 64,910 64,910 Total RoU assets $ 784,910 $ 784,910 Less: Amortisation (338,736 ) (275,428 ) $ 446,174 $ 509,482 Liabilities Current: Operating lease liabilities $ 17,604 $ 24,881 Finance lease liabilities 22,676 22,323 40,280 47,204 Finance lease liabilities – assets held for sale $ - $ 603,252 Non-current: Operating lease liabilities - 4,602 Finance lease liabilities 74,990 86,565 74,990 91,167 Total lease liabilities $ 115,270 $ 741,623
Schedule of lease expense	Six Months ended December 31, 2024 2023 Finance lease cost: Interest on lease liabilities (per ASC 842) $ 5,681 $ 23,925 Operating lease cost: Operating lease expense (per ASC 842) 65,549 65,549 Total lease expense $ 71,230 $ 89,474
Schedule of Future Contractual Lease Payments	Years ending December 31, Operating and finance lease amount 2025 $ 50,657 2026 24,771 2027 24,771 2028 12,712 2029 10,642 Thereafter - Total minimum finance lease liabilities payment 123,553 Less: interest (8,283 ) Present value of lease liabilities $ 115,270 Representing:- Current liabilities $ 40,280 Non-current liabilities 74,990 $ 115,270

INCOME TAX (Tables)

INCOME TAX (Tables)	6 Months Ended
	Dec. 31, 2024
INCOME TAX
Schedule of income (loss) before income taxes	Six Months ended December 31, 2024 2023 Tax jurisdiction from: - Local (US regime) $ (2,352,785 ) $ (794,892 ) - Foreign, including British Virgin Island 220,074 30,132 Malaysia (205,715 ) (305,808 ) Labuan, Malaysia (1,188 ) (5,231 ) Loss before income taxes $ (2,339,614 ) $ (1,075,799 )
Schedule of provision for income taxes	Six Months ended December 31, 2024 2023 Current tax: - Local $ - $ - - Foreign - - Deferred tax - Local - - - Foreign - - Income tax expense (benefit) $ - $ -
Schedule of effective tax rate	Six Months ended December 31, 2024 2023 Loss before income taxes $ (205,715 ) $ (305,808 ) Statutory income tax rate 24 % 24 % Income tax expense at statutory rate (49,372 ) (73,394 ) Non-deductible items 28,254 26,122 Operating losses unable to carried forward 285 1,255 Valuation allowance 20,833 46,017 Income tax expense $ - $ -
Schedule of significant components of the deferred tax assets	December 31, 2024 June 30, 2024 Deferred tax assets: Net operating loss carryforwards, from US tax regime $ 1,720,689 $ 1,079,890 Malaysia tax regime 228,995 113,516 Less: valuation allowance (1,949,684 ) (1,193,406 ) Deferred tax assets, net $ - $ -

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	6 Months Ended
	Dec. 31, 2024
RELATED PARTY TRANSACTIONS
Schedule of Related party transactions	Six Months ended December 31, 2024 2023 Related party transactions: Rental income: Mr. Jack Wong (#1) $ 30,000 $ 30,000 SB Resorts Sdn Bhd (#2) $ 2,053 $ - Professional services provided by: Warisan Khidmat Sdn Bhd (#3) $ - $ 9,035 Interest expense payable to: BOC (#2) $ 1,738 $ 6,805 Sale of property: Mr. Jack Wong (#1) $ 857,500 $ -
Schedule of Related party balances	Related party balances (other than those disclosed in Note 13 and Note 14): As of December 31, 2024 June 30, 2024 Trade payables Warisan Khidmat Sdn Bhd (#3) $ - $ 1,484

CONCENTRATIONS OF RISK (Tables)

CONCENTRATIONS OF RISK (Tables)	6 Months Ended
	Dec. 31, 2024
CONCENTRATIONS OF RISK
Schedule of revenue of production and distribution of Major customers	Revenue December 31, 2024 Accounts Receivable December 31, 2024 USD % USD Customer A $ 125,120 98 % 187,314
Schedule of revenue of production and distribution of vendors	Direct Costs December 31, 2024 Accounts Payable December 31, 2024 USD % USD Vendor A $ 8,800 15 % 8,800

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Dec. 31, 2024
COMMITMENTS AND CONTINGENCIES
Schedule of commitments of issuing share for services	Number of shares to be issued Financial year ended June 30, 2026: Nam Tran 1,000,000 Raymond Powell 1,000,000 Dale Ludwig 700,000 2,700,000 Financial year ended June 30, 2027: Nam Tran 1,000,000 Raymond Powell 1,000,000 Dale Ludwig 600,000 2,600,000

ORGANIZATION AND BUSINESS BAC_3

ORGANIZATION AND BUSINESS BACKGROUND (Details)	6 Months Ended
	Dec. 31, 2024
Bio Resources Limited [Member]
Place of incorporation	Labuan, Malaysia
Principal activities and place of operation	Proprietor of pyrolysis technology
Effective interest held	100%
Verde Resources [Member]
Place of incorporation	Malaysia
Principal activities and place of operation	Manufacturing and distribution of renewable agricultural commodities, and provision of consultation services related thereto
Effective interest held	100%
Verde Renewables, Inc. [Member]
Place of incorporation	State of Missouri, U.S.A.
Principal activities and place of operation	Trading of building materials and management of a processing and packaging facility
Effective interest held	100%
Verde Life Inc. [Member]
Place of incorporation	State of Oregon, U.S.A.
Principal activities and place of operation	Distribution of THC-free cannabinoid (CBD) products [Operation terminated]
Effective interest held	100%
The Wision Project Sdn Bhd [Member]
Place of incorporation	Malaysia
Principal activities and place of operation	Digital innovation, marketing & consulting service, PR, branding, influencer marketing, event management and media relations services
Effective interest held	100%
Verde Estates LLC [Member]
Place of incorporation	State of Missouri, U.S.A.
Principal activities and place of operation	Holding real property
Effective interest held	100%
Verde Resources Asia Pacific Limited [Member]
Place of incorporation	British Virgin Islands
Principal activities and place of operation	Investment holding
Effective interest held	100%
Verde Plus Inc Verde Plus One [Member]
Place of incorporation	State of Missouri, U.S.A.
Principal activities and place of operation	Production of low-carbon building materials
Effective interest held	55%

ORGANIZATION AND BUSINESS BAC_4

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative)	Oct. 22, 2024 USD ($)
ORGANIZATION AND BUSINESS BACKGROUND
Amount paid to retainer for services	$ 5,000

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	6 Months Ended
	Dec. 31, 2024
Office Equipment [Member]
Estimated useful lives	3 years
Furniture & fttings [Member]
Estimated useful lives	5 years
Renovation [Member]
Estimated useful lives	10 years
Computer [Member]
Estimated useful lives	5 years
Motor Vehicle [Member]
Estimated useful lives	5 years
Project Equipement [Member]
Estimated useful lives	5 years
Plant And Machinery [Member] | Maximum [Member]
Estimated useful lives	10 years
Plant And Machinery [Member] | Minimum [Member]
Estimated useful lives	5 years
Land and Building [Member] | Maximum [Member]
Estimated useful lives	27 years 6 months
Land and Building [Member] | Minimum [Member]
Estimated useful lives	3 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)	Dec. 31, 2024	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Foreign Currency Exchange Rate	0.22369	0.21790
Annualized average Foreign Currency Exchange Rate	0.22809	0.21512

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024	Jun. 30, 2023
Depreciation expense	$ 67,145	$ 104,988	$ 137,375	$ 207,586
Impairment loss	137,632	0	137,632	0
Cash and cash equivalents	$ 892,000	928,280	$ 892,000	928,280	$ 279,137	$ 200,409
Bank interest rates	3.92%		3.92%		4.64%
Credit term			60 to 90 days
Allowance for doubtful accounts for accounts receivable	$ 0		$ 0		$ 27,481
Allowance for doubtful for other receivables	0		0		29,842
Write down of inventories	0		0		15,587
Inventories written off	0		0		$ 5,978
Non-Employees
Share based compensation	273,853	44,273	545,859	31,150
Employees
Share based compensation	$ 95,095	$ 0	$ 201,680	$ 0
Minimum
Maturies Date			60 years
Maximum
Maturies Date			270 years

GOING CONCERN UNCERTAINTIES (De

GOING CONCERN UNCERTAINTIES (Details Narrative) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
GOING CONCERN UNCERTAINTIES
Accumulated deficit	$ (15,819,791)	$ (13,480,204)

BUSINESS SEGMENT INFORMATION (D

BUSINESS SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended				6 Months Ended
	Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
Revenue	$ 2,423		$ 5,192		$ 127,993	$ 7,774
Cost of revenue	(9,552)		(68,845)		(59,148)	(139,361)
Net loss for the period	(2,694,329)	$ 354,715	(526,338)	$ (549,461)	(2,339,614)	(1,075,799)
Selling, general and administrative expenses	(2,383,949)		(523,588)		(3,198,878)	(980,182)
Loss from operations	(2,441,776)		(587,241)		(3,235,849)	(1,111,769)
Interest expense	(5,895)		(43,717)		(101,360)	(84,923)
Rental income	18,204		18,204		34,100	34,100
Income tax	0		0		0	0
Net loss for the year	(2,694,302)		(526,338)		(2,339,587)	(1,075,799)
Total assets	39,745,600				39,745,600		$ 40,161,327
Other operating expenses	(252,553)		60,903		896,235	35,970
Unrealised foreign exchange gain	(442,021)		0		276,680	0
Gain on disposal of property, plant and equipment	161,156		0		161,156	0
Gain from insurance claims	0		0		481,513	0
Distribution of THC-free cannabinoid (CBD) products [Member]
Revenue			0			0
Cost of revenue			0			0
Net loss for the period			0			0
Selling, general and administrative expenses			0			(120)
Loss from operations			0			(120)
Interest expense			0			0
Rental income			0			0
Other income			0			0
Loss before income tax			0			(120)
Income tax			0			0
Net loss for the year			0			(120)
Total assets			194,009			194,009
Production and Distribution of Renewable Commodities [Member]
Revenue	460		554		126,030	2,803
Cost of revenue	(8,181)		(64,590)		(57,777)	(135,064)
Net loss for the period	(7,721)		(64,036)		68,253	(132,261)
Selling, general and administrative expenses	(2,051,939)		(388,070)		(2,705,430)	(722,395)
Loss from operations	(2,110,358)		(452,106)		(2,742,993)	(854,656)
Rental income	0		0		0	0
Other income	11,313		205		39,456	411
Loss before income tax	(2,102,054)		(466,873)		(2,715,555)	(882,873)
Income tax	0		0		0	0
Net loss for the year	(2,102,054)		(466,873)		(2,715,555)	(882,873)
Total assets	8,364,024		6,732,478		8,364,024	6,732,478
Other operating expenses	(50,698)				(105,816)
Interest Expense	(5,895)		(14,972)		(14,904)	(28,628)
Unrealised foreign exchange gain	2,886				2,886
Gain on disposal of property, plant and equipment	0				0
Gain from insurance claims					0
Holding Property [Member]
Revenue	0		0		0	0
Cost of revenue	0		0		0	0
Net loss for the period	0		0		0	0
Selling, general and administrative expenses	(174,626)		(29,386)		(213,228)	(43,949)
Loss from operations	(174,626)		(29,386)		213,228	43,949
Interest expense	0		0		0	0
Rental income	18,204		18,204		34,100	34,100
Other income	4,690		0		4,690	0
Loss before income tax	9,424		(11,182)		468,231	(9,849)
Income tax	0		0		0	0
Net loss for the year	9,424		(11,182)		468,231	9,849
Total assets	548,866		1,216,978		548,866	1,216,978
Other operating expenses	0				0
Unrealised foreign exchange gain	0				0
Gain on disposal of property, plant and equipment	161,156				161,156
Gain from insurance claims					481,513
Licensor of proprietary pyrolysis technology [Member]
Revenue	0		0		0	0
Cost of revenue	0		0		0	0
Net loss for the period	0		0		0	0
Selling, general and administrative expenses	(6,729)		(5,031)		0	(5,231)
Loss from operations	6,729		(5,031)		0	5,231
Interest expense	0		0		0	0
Rental income	0		0		0	0
Other income	0		171		0	0
Loss before income tax	5,600		(5,202)		1,129	(5,231)
Income tax	0		0		0	0
Net loss for the year	5,600		(5,202)		1,129	(5,231)
Total assets	30,193,938		30,193,609		30,193,938	30,193,609
Other operating expenses	0				0
Unrealised foreign exchange gain	(1,129)				1,129
Gain on disposal of property, plant and equipment	0				0
Gain from insurance claims					0
Corporate Unallocated [Member]
Revenue	1,963		4,638		1,963	4,971
Cost of revenue	(1,371)		(4,255)		(1,371)	(4,297)
Net loss for the period	592		383		592	674
Selling, general and administrative expenses	(164,113)		(101,101)		(280,220)	(208,487)
Loss from operations	(163,521)		(100,718)		(279,628)	(207,813)
Rental income	0		0		0	0
Other income	0		86,382		0	86,382
Loss before income tax	(607,299)		(43,081)		(91,161)	(177,726)
Income tax	0		0		0	0
Net loss for the year	(607,299)		(43,081)		(91,161)	(177,726)
Total assets	638,772		1,131,183		638,772	1,131,183
Other operating expenses	0				0
Interest Expense	0		(28,745)		(86,456)	(56,295)
Unrealised foreign exchange gain	(443,778)				274,923
Gain on disposal of property, plant and equipment	0				0
Gain from insurance claims					0
Consolidated [Member]
Revenue	2,423		5,192		127,993	7,774
Cost of revenue	(9,552)		(68,845)		(59,148)	(139,361)
Net loss for the period	(7,129)		(63,653)		68,845	(131,587)
Selling, general and administrative expenses	(2,383,949)		(523,588)		(3,198,878)	(980,182)
Loss from operations	(2,441,776)		(587,241)		(3,235,849)	(1,111,769)
Rental income	18,204		18,204		34,100	34,100
Other income	16,003		86,416		44,146	86,793
Loss before income tax	(2,694,329)		(526,338)		(2,339,614)	(1,075,799)
Income tax	0		0		0	0
Net loss for the year	(2,694,329)		(526,338)		(2,339,614)	(1,075,799)
Total assets	39,745,600		39,468,257		39,745,600	39,468,257
Other operating expenses	(50,698)				(105,816)
Interest Expense	(5,895)		$ (43,717)		(101,360)	$ (84,923)
Unrealised foreign exchange gain	(442,021)				276,680
Gain on disposal of property, plant and equipment	$ 161,156				161,156
Gain from insurance claims					$ 481,513

BUSINESS SEGMENT INFORMATION _2

BUSINESS SEGMENT INFORMATION (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023
Revenue	$ 2,423	$ 5,192	$ 127,993	$ 7,774
Operating Segment [Member]
Revenue	2,423	5,192	127,993	7,774
Operating Segment [Member] | Malaysia [Member]
Revenue	2,423	5,192	2,873	7,774
Operating Segment [Member] | United States [Member]
Revenue	$ 0	$ 0	$ 125,120	$ 0

DEPOSIT WITH BANKS (Details Nar

DEPOSIT WITH BANKS (Details Narrative)	6 Months Ended
	Dec. 31, 2024	Jun. 30, 2024
Bank interest rates	3.92%	4.64%
Minimum
Maturies Date	60 years
Maximum
Maturies Date	270 years

INVENTORIES (Details)

INVENTORIES (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Inventories	$ 272,293	$ 309,144
Manufactured bio produce [Member]
Inventories	73,933	70,560
Trading goods [Member]
Inventories	$ 198,360	$ 238,584

OTHER RECEIVABLE DEPOSITS AND_3

OTHER RECEIVABLE DEPOSITS AND PREPAYMENTS (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Other receivables	$ 41,994	$ 6,862
Other receivables and deposits, net	1,750,000	2,000,000
Other Receivables [Member]
Deposits	5,953	4,775
Other receivables	67,358	31,929
Other receivables, deposit and prepayment	73,311	36,704
Less: impairment on other receivables	(31,317)	(29,842)
Other receivables and deposits, net	41,994	6,862
Prepayments	26,866	12,645
Prepaid share based compensation	1,698,526	214,528
Total Other Receivable	$ 1,767,386	$ 234,035

PROPERTY PLANT AND EQUIPMENT (D

PROPERTY PLANT AND EQUIPMENT (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Property, plant and equipment, gross	$ 2,025,077	$ 3,315,976
Less: accumulated depreciation	(430,065)	(382,141)
Foreign exchange adjustment	90,708	(17,829)
Property, plant and equipment, net	1,685,720	2,916,006
Office Equipment [Member]
Property, plant and equipment, gross	4,861	6,168
Renovation [Member]
Property, plant and equipment, gross	4,431	4,431
Computer [Member]
Property, plant and equipment, gross	14,213	13,908
Land and Building [Member]
Property, plant and equipment, gross	0	1,258,360
Plant And Machinery [Member]
Property, plant and equipment, gross	1,856,207	1,875,761
Motor Vehicle [Member]
Property, plant and equipment, gross	140,944	140,989
Furniture & fittings [Member]
Property, plant and equipment, gross	$ 4,421	$ 16,359

PROPERTY PLANT AND EQUIPMENT _2

PROPERTY PLANT AND EQUIPMENT (Details Narrative) - USD ($)		3 Months Ended		6 Months Ended
	Dec. 10, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
Impairment on property		$ 137,632	$ 0	$ 137,632	$ 0
Assets Held for disposal						$ 350,000
Plant and machinery, Carrying value		0		0		7,688
Motor vehicles, carrying values		84,692		84,692		$ 98,362
Depreciation expense		$ 67,145	$ 104,988	$ 137,375	$ 207,586
Sale and Purchase Agreement
Fair market value of property	$ 857,500

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative)	Dec. 31, 2024 USD ($)
Discount Rate	9%
Licence [Member]
Intangible assets	$ 3,131,660
Intellectual property [Member]
Intangible assets	$ 30,192,771

ASSETS HELD FOR SALE (Details)

ASSETS HELD FOR SALE (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
ASSETS HELD FOR SALE
Assets held for sale gross	$ 956,043	$ 606,043
Less: disposal	(596,176)	0
Assets held for sale	359,867	606,043
Motor Vehicle [Member]
ASSETS HELD FOR SALE
Assets held for sale gross	392,549	392,549
Land and Building [Member]
ASSETS HELD FOR SALE
Assets held for sale gross	350,000	0
Plant And Machinery [Member]
ASSETS HELD FOR SALE
Assets held for sale gross	$ 213,494	$ 213,494

ASSETS HELD FOR SALE (Details N

ASSETS HELD FOR SALE (Details Narrative) - USD ($)	6 Months Ended
	Dec. 31, 2024	Oct. 31, 2024	Jun. 30, 2024
Disposal assets carrying values	$ 553,844
Plant and Machinery, Carrying value	0		$ 168,994
Motor Vehicles, Carrying value	0		$ 350,217
Assets with carrying values	15,187	$ 27,145
Purchase and Sale Agreement | January 17, 2025
Proceeds from the sale of property	350,000
Verde Renewables, Inc. [Member]
Plant and machinery and motor vehicles carrying amount	$ 606,043

DEPOSITS PAID (Details)

DEPOSITS PAID (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Factory site (#2) [Member]
Security deposit	$ 80,000	$ 80,000

DEPOSITS PAID (Details Narrativ

DEPOSITS PAID (Details Narrative) - Lease Agreements [Member]	Mar. 02, 2022 USD ($)
Lease Terms	7 years
Rent payable	$ 8,571
Landlord consideration	720,000
Security deposit	$ 80,000

BANK LOAN (Details Narrative)

BANK LOAN (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
Interest expense			$ 84,718	$ 103,380	$ 103,380
Bank loan principal amount	$ 211,440		$ 211,440		$ 211,440
Secured [Member] | Trusts From VRDR [Member]
Interest fixed rate, per annum			5.25%
Interest expense	4,587	$ 2,482	$ 9,223	$ 4,703
Bank loan principal amount	$ 250,000		$ 250,000

AMOUNTS DUE TO RELATED PARTIES

AMOUNTS DUE TO RELATED PARTIES AND DIRECTOR (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Amount due to director	$ 295,193	$ 385,550
Borneo Eco Food Sdn Bhd (#1) [Member]
Amount due to director	0	1,039
Vetrolysis Limited (#8) [Member]
Amount due to director	100	100
J. Ambrose & Partners [Member]
Amount due to director	50,438	48,588
SB Supplies & Logistics Sdn Bhd [Member]
Amount due to director	4,362	5,936
SB Resorts Sdn Bhd [Member]
Amount due to director	4,921	2,120
Borneo Oil Corporation Sdn [Member]
Amount due to director	72,927	70,677
Taipan International Limited [Member]
Amount due to director	119,153	119,153
Borneo Energy Sdn Bhd [Member]
Amount due to director	15,414	14,599
Victoria Capital Sdn Bhd [Member]
Amount due to director	5,592	93,270
Mr. Jack Wong [Member]
Amount due to director	425,673	4,188
Borneo Oil Berhad [Member]
Amount due to director	3,007	3,007
UnitiMart Sdn Bhd [Member]
Amount due to director	0	7,782
Makin Teguh Sdn Bhd [Member]
Amount due to director	$ 19,379	$ 19,379

AMOUNTS DUE TO RELATED PARTIE_2

AMOUNTS DUE TO RELATED PARTIES AND DIRECTOR (Details Narrative)	6 Months Ended
	Dec. 31, 2024
J. Ambrose & Partners [Member]
Holding share percentage	1.60%
Taipan International Limited [Member]
Holding share percentage	31.60%
Victoria Capital Sdn Bhd [Member]
Holding share percentage	0.20%
Borneo Oil Berhad [Member]
Holding share percentage	13.60%
Borneo Oil Corporation Sdn Bhd [Member]
Holding share percentage	13.60%

PROMISSORY NOTE TO RELATED PA_3

PROMISSORY NOTE TO RELATED PARTIES (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
PROMISSORY NOTE TO RELATED PARTIES
Promissory note	$ 0	$ 591,170

PROMISSORY NOTE TO RELATED PA_4

PROMISSORY NOTE TO RELATED PARTIES (Details 1) - USD ($)	6 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
PROMISSORY NOTE TO RELATED PARTIES
Balance at the beginning of year	$ 591,170	$ 487,790	$ 487,790
Interest expenses	84,718	$ 103,380	103,380
Converted to Company's restricted common Stock	(675,888)		0
Balance at the end of year	$ 0		$ 591,170

PROMISSORY NOTE TO RELATED PA_5

PROMISSORY NOTE TO RELATED PARTIES (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 13, 2023	Aug. 16, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
Stock price per share	$ 0.07	$ 0.07
Conversion of stock, shares		9,655,542
Conversion of stock, value		$ 675,888
Interest expenses					$ 84,718	$ 103,380	$ 103,380
Interest promissory notes rate						2%
Interest on promissory notes			$ 0	$ 3,402	1,738	$ 6,805
Account payable	$ 675,888
Debt Agreement [Member]
Face value principal amount	$ 675,888
Common stock per share	$ 0.07
Coupan interest	2%
Promissory Note [Member]
Stock price per share		$ 0.07
May 12, 2025 [Member] | Promissory Note [Member]
Face value principal amount			481,023		$ 481,023
Risk free interest rate					4.03%
Credit spread percentage					11.60%
Liquidity Risk Premium					5.60%
August 16 2024 [Member] | Borneo Oil Berhad [Member]
Account payable			$ 675,888		$ 675,888
Restricted common stock, share issuance shares			9,655,542		9,655,542

LEASES (Details)

LEASES (Details) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Lease-related assets	$ 446,174	$ 509,482
Operating lease liabilities current	17,604	24,881
Finance lease liabilities current	22,676	22,323
Operating lease liabilities Non current	0	4,602
Finance lease liabilities Non current	74,990	86,565
Total lease liabilities	115,270	741,623
Lease Assets And Liabilities [Member]
Right-of-use asset #1	720,000	720,000
Right-of-use asset #2	64,910	64,910
Total Rou Assets	784,910	784,910
Less: Amortisation	(338,736)	(275,428)
Lease-related assets	446,174	509,482
Operating lease liabilities current	17,604	24,881
Finance lease liabilities current	22,676	22,323
Finance lease liabilities - assets held for disposal	0	603,252
Operating lease liabilities Non current	0	4,602
Finance lease liabilities Non current	74,990	86,565
Total lease liabilities	115,270	741,623
Total lease liabilitie Current	40,280	47,204
Total lease liabilitie Noncurrent	$ 74,990	$ 91,167

LEASES (Details 1)

LEASES (Details 1) - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Finance lease cost
Interest on lease liabilities	$ 5,681	$ 23,925
Operating lease cost
Operating lease expense	65,549	65,549
Total lease expense	$ 71,230	$ 89,474

LEASES (Details 2)

LEASES (Details 2) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Operating And Finance Lease Maturities
2025	$ 50,657
2026	24,771
2027	24,771
2028	12,712
2029	10,642
Thereafter	0
Total minimum finance lease liabilities payment	123,553
Less interest	(8,283)
Present value of lease liabilities	115,270
Current liabilities	40,280
Operating and finance lease labilities non current	74,990
Finance Lease Liability	$ 115,270	$ 741,623

LEASES (Details Narrative)

LEASES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
Accretion of lease liability	$ 986	$ 1,990	$ 2,241	$ 4,204
Right Of Use Asset	446,174		$ 446,174		$ 509,482
Weighted average incremental borrowing rate			5%
Lease liabilities	115,270		$ 115,270		$ 741,623
Amortization charge on right of assets	$ 32,775	$ 32,775	63,308	$ 61,345
Lease			$ 720,000
Lease term			7 years
Motor Vehicle [Member]
Lease			$ 84,718
Purchase price			$ 57,087
Lease term			3 years
Lease Agreements [Member]
Weighted average remaining life of the lease			3 years

STOCKHOLDERS EQUITY (Details Na

STOCKHOLDERS EQUITY (Details Narrative) - USD ($)				1 Months Ended							6 Months Ended
	Sep. 08, 2024	Aug. 09, 2024	Aug. 08, 2024	Nov. 27, 2024	Sep. 16, 2024	Aug. 30, 2024	Aug. 26, 2024	Aug. 16, 2024	Jul. 31, 2024	Jul. 24, 2024	Dec. 31, 2024	Jun. 30, 2024	Mar. 13, 2023
Issuance of restricted common shares price per share								$ 0.07
Issuance of restricted common shares								9,655,542
Preferred stock, par value											$ 0.001	$ 0.001
Common stock shares issued, shares											1,241,296,567	1,199,358,251
Account payable													$ 675,888
Stocks to be issued to non employees												2,700,000
Stocks to be issued to employee												670,000
Stock price per share								$ 0.07					$ 0.07
Common stock, shares outstanding											1,241,296,567	1,199,358,251
Common stock, shares authorized											10,000,000,000	10,000,000,000
Preferred stock, shares authorized											50,000,000	50,000,000
Common stock, par value (in dollars per share)											$ 0.001	$ 0.001
Service and Stock Cancellation Agreement [Member]
Issuance of restricted common shares price per share	$ 0.20
Issuance of restricted common shares	375,000
Issuance of restricted common amount	$ 75,000
August 8 2024 [Member] | Dale Ludwig [Member]
Issuance of restricted common shares			700,000
July 31 2024 [Member] | Dr Nam Tran [Member]
Issuance of restricted common shares									1,000,000
Promissory Note [Member]
Issuance of restricted common shares								9,655,542
Issuance of restricted common amount								$ 675,888
Stock price per share								$ 0.07
One US shareholder
Issuance of restricted common shares price per share		$ 0.09			$ 0.09
Issuance of restricted common shares		888,888			222,222
Issuance of restricted common amount		$ 80,000			$ 20,000
Three US shareholders [Member]
Issuance of restricted common shares price per share							$ 0.09
Issuance of restricted common shares							722,221
Issuance of restricted common amount							$ 65,000
Three US shareholders [Member] | On October 16, 2024 [Member]
Issuance of restricted common shares price per share											$ 0.10
Issuance of restricted common shares											800,000
Issuance of restricted common amount											$ 80,000
Two US shareholder
Issuance of restricted common shares					35,000
Cancelled restricted common shares				450,000
Issuance of restricted common shares price per share					$ 0.10
Issuance of restricted common amount					$ 350,000
Four US shareholders [Member]
Issuance of restricted common shares price per share										$ 0.09
Issuance of restricted common shares										3,194,443
Issuance of restricted common amount										$ 287,500
Twenty and One Non-US shareholder[Member]
Issuance of restricted common shares										600,500
Issuance of restricted common shares price per share										$ 0.10
Issuance of restricted common amount										$ 6,005,000
Twenty-three and One Non-US shareholder[Member]
Issuance of restricted common shares		11,840,000
Issuance of restricted common shares price per share		$ 0.10
Issuance of restricted common amount		$ 1,184,000
Six and Two Non-US shareholder[Member]
Issuance of restricted common shares price per share							$ 0.10
Issuance of restricted common shares							3,990,000
Issuance of restricted common amount							$ 399,000
Borneo Oil Corporation Sdn Bhd ("BOC") [Member]
Account payable								$ 675,888
Jeremy P Concanon [Member] | August 30 2024 [Member]
Issuance of restricted common shares						1,350,000
Eric Bava [Member] | August 30 2024 [Member]
Issuance of restricted common shares						670,000

INCOME TAX (Details)

INCOME TAX (Details) - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Loss before income taxes	$ (2,339,614)	$ (1,075,799)
Foreign, including British Virgin Island [Member]
Loss before income taxes	220,074	30,132
Local (US regime) [Member]
Loss before income taxes	(2,352,785)	(794,892)
Foreign, including Malaysia [Member]
Loss before income taxes	(205,715)	(305,808)
Foreign, including Labuan, Malaysia [Member]
Loss before income taxes	$ (1,188)	$ (5,231)

INCOME TAX (Details 1)

INCOME TAX (Details 1) - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Current tax
Local	$ 0	$ 0
Foreign	0	0
Deferred tax
Local	0	0
Foreign	0	0
Income tax expense (benefit)	$ 0	$ 0

INCOME TAX (Details 2)

INCOME TAX (Details 2) - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
INCOME TAX
Loss before income taxes	$ (205,715)	$ (305,808)
Statutory income tax rate	24%	24%
Income tax expense at statutory rate	$ (49,372)	$ (73,394)
Non-deductible items	28,254	26,122
Tax losses unable to be carried forward	285	1,255
Valuation allowance	20,833	46,017
Income tax expense	$ 0	$ 0

INCOME TAX (Details 3)

INCOME TAX (Details 3) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Less: valuation allowance	$ (1,949,684)	$ (1,193,406)
Deferred tax assets, net	0	0
US tax regime
Net operating loss carryforwards	1,720,689	1,079,890
Malaysia tax regime
Net operating loss carryforwards	$ 228,995	$ 113,516

INCOME TAX (Details Narrative)

INCOME TAX (Details Narrative)	6 Months Ended
	Dec. 31, 2024 USD ($)
US tax regime
Valuation allowance - Malaysia Rate	80%
U.S. corporate income tax rate	21%
Net operating loss carryforwards, from	$ 8,193,757
Deferred tax assets	$ 1,720,689
Labuan [Member]
Valuation allowance - Malaysia Rate	24%
Malaysia [Member]
Valuation allowance - Malaysia Rate	24%
Net operating loss carryforwards, from	$ 954,144
Deferred tax assets	$ 228,995

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Warisan Khidmat Sdn Bhd [Member]
Professional services	$ 0	$ 9,035
BOC (#2)
Interest expense payable	1,738	6,805
SB Resorts Sdn Bhd [Member]
Rental income	2,053	0
Mr. Jack Wong [Member]
Rental income	30,000	30,000
Sale of property	$ 857,500	$ 0

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details 1) - USD ($)	Dec. 31, 2024	Jun. 30, 2024
Warisan Khidmat Sdn Bhd [Member]
Trade payables	$ 0	$ 1,484

RELATED PARTY TRANSACTIONS (D_3

RELATED PARTY TRANSACTIONS (Details Narrative) - Borneo Oil Corporation Sdn Bhd ("BOC") [Member]	6 Months Ended
	Dec. 31, 2024 USD ($)
Description of holding share percentage	Borneo Oil Corporation Sdn Bhd (“BOC”) are wholly owned subsidiary of Borneo Oil Berhad (“BOB”) (holding 13.6% of the Company’s issued and outstanding common stock as of December 31, 2024). The advances are related to ordinary business transactions and bear no interest or collateral, repayable and renewable under normal business advancement terms
fair market value	$ 857,500
Gain on disposal	$ 161,156

CONCENTRATIONS OF RISK (Details

CONCENTRATIONS OF RISK (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Jun. 30, 2024
Revenue	$ 2,423	$ 5,192	$ 127,993	$ 7,774
Accounts Receivable	$ 188,345		188,345		$ 66,749
Customer A [Member]
Revenue			$ 125,120
Revenue in percentage	98%		98%
Accounts Receivable	$ 187,314		$ 187,314

CONCENTRATIONS OF RISK (Detai_2

CONCENTRATIONS OF RISK (Details 1) - Vendor A [Member]	6 Months Ended
	Dec. 31, 2024 USD ($)
Accounts Payable	$ 8,800
Direct Costs	$ 8,800
Direct cost in percentage	15%

CONCENTRATIONS OF RISK (Detai_3

CONCENTRATIONS OF RISK (Details narrative)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Major Customers [Member]
Major customers description	there was 1 single customer whose revenue exceeded 10% of the revenue	There were no customers which exceeded 10% of revenue
Vendor [Member]
Major customers description	there was 1 single vendor whose direct cost exceeded 10% of the revenue	There were no vendors which exceeded 10% of direct costs

PENSION COSTS (Details Narrativ

PENSION COSTS (Details Narrative) - USD ($)	6 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
PENSION COSTS
Pension scheme, Contribution made	$ 3,138	$ 8,869

SHARES ISSUED TO NON EMPLOYEE_2

SHARES ISSUED TO NON EMPLOYEE AND EMPLOYEE (Details Narrative) - USD ($)				1 Months Ended			6 Months Ended
	Jan. 03, 2025	Jun. 01, 2024	Dec. 15, 2022	Jul. 31, 2024	Apr. 20, 2024	Oct. 23, 2023	Dec. 31, 2024	Nov. 29, 2024	Jun. 30, 2024
Selling, general and administrative expenses as salary expenses							$ 3,051
Fair Value of common stock							1,241,296		$ 1,199,358
Agreement With Hannah Bruehl, Executive Assistant to C-Suite Executives [Member] | Subsequent Event [Member]
Issuance of restricted common stock	50,000
Service Period of Share Issued	amortized over the service period from September 3, 2024 to September 2, 2025
Fair Value of common stock	$ 9,280
Stock price	$ 0.1856
AUM Media Inc [Member]
Selling, general and administrative expenses as salary expenses							0
Issuance of restricted common stock								4,656,550
Issuance of restricted common stock additionally								9,313,100
Remaining restricted shares to be issued								4,656,550
Issuance of restricted common stock description				The share issuance will occur as follows: 4,656,550 shares of the Company’s restricted common stock, being 50% of the 0.75% of the Company’s total shares outstanding
Fixed monthly discounted fee							6,000
Fair Value of common stock								$ 745,048
Stock price								$ 0.16
Agreement With Looi Pei See Member
Issuance of restricted common stock			1,140,000
Restricted Common stock, Par value			$ 0.001
Service Period of Share Issued			service period from December 15, 2022, to December 14, 2025
Fair Value of common stock			$ 228,000
Stock price			$ 0.20
Selling, general and administrative expenses as consulting expenses							36,429
Agreement With Donald R. Fosnacht Member
Issuance of restricted common stock						1,000,000
Restricted Common stock, Par value						$ 0.001
Service Period of Share Issued						The term of the Fosnacht Agreement will remain effective until December 31, 2025, and both parties may renew the agreement, or enter into a new agreement as may be mutually agreed on terms to be separately negotiated
Fair Value of common stock						$ 134,000
Stock price						$ 0.134
Selling, general and administrative expenses as consulting expenses							30,782
Agreement With Dr.Nam Tran And Dr.Raymond Powell Member
Issuance of restricted common stock					3,000,000
Each Tranch value of restricted common stock					1,000,000
Service Period of Share Issued					The term of the NIE Agreements will remain effective until April 30, 2027, and both parties may renew their respective agreement, or enter into a new agreement as may be mutually agreed on terms to be separately negotiated. Pursuant to the respective addendum to NIE Agreements dated June 29, 2024, each tranche of shares to be issued is compensation for each service period of 12 months beginning from May 1, 2024, May 1, 2025, and May 1, 2026, respectively
Fair Value of common stock					$ 360,000
Stock price					$ 0.36
Selling, general and administrative expenses as consulting expenses							362,960
Agreement With Dale Ludwig Member
Issuance of restricted common stock		2,000,000
Description of restricted common stock three tranches		three tranches of 700,000 shares on or before August 31, 2024, 700,000 shares on or before October 31, 2025, and 600,000 shares on or before October 31, 2026
Service Period of Share Issued		each tranche of shares to be issued is compensation for each service period beginning 11 months from June 1, and 12 months from 2024, May 1, 2025, and May 1, 2026, respectively
Fair Value of common stock		$ 210,000
Stock price		$ 0.30
Selling, general and administrative expenses as consulting expenses							115,688
Agreement With Eric Bava Member
Selling, general and administrative expenses as salary expenses							$ 45,556
Issuance of restricted common stock							670,000		670,000
Service Period of Share Issued							The term of the Bava Employment Agreement will remain effective until September 30, 2027
Fair Value of common stock							$ 181,235
Stock price							$ 0.2705
Agreement With Jeremy P. Concannon Member
Selling, general and administrative expenses as salary expenses							$ 153,073
Issuance of restricted common stock				4,050,000
Each Tranch value of restricted common stock				1,350,000
Service Period of Share Issued				The term of the Concannon Service Agreement will remain effective until September 30, 2027, and both parties may renew the agreement, or enter into a new agreement as may be mutually agreed on terms to be separately negotiated. Pursuant to the addendum to the Concannon Service Agreement dated September 27, 2024, each tranche of shares to be issued as compensation for each service period beginning 12 months from August 1, 2024, and 2025, and for 14 months from August 1, 2026, to September 30, 2027, respectively
Fair Value of common stock				$ 365,175
Stock price				$ 0.2705

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details)	6 Months Ended
	Dec. 31, 2024 shares
FYE 2026 [Member]
Shares to be issued to service provider	2,700,000
FYE 2027 [Member]
Shares to be issued to service provider	2,600,000
Nam Tran [Member] | FYE 2026 [Member]
Shares to be issued to service provider	1,000,000
Nam Tran [Member] | FYE 2027 [Member]
Shares to be issued to service provider	1,000,000
Raymond Powell [Member] | FYE 2026 [Member]
Shares to be issued to service provider	1,000,000
Raymond Powell [Member] | FYE 2027 [Member]
Shares to be issued to service provider	1,000,000
Dale Ludwig [Member] | FYE 2026 [Member]
Shares to be issued to service provider	700,000
Dale Ludwig [Member] | FYE 2027 [Member]
Shares to be issued to service provider	600,000

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)		1 Months Ended	6 Months Ended
	Sep. 08, 2024	Aug. 16, 2024	Dec. 31, 2024	Jan. 31, 2025	Nov. 29, 2024	Sep. 03, 2024
Issuance of restricted common shares		9,655,542
Seven US shareholders [Member]
Issuance of restricted common shares			2,500,000
Issuance of restricted common shares, value			$ 250,000
Issuance of restricted common shares price per share			$ 0.10
Hannah Bruehl [Member]
Issuance of restricted common stock						50,000
National Center Asphalt Technology [Member]
Quarterly committed payments description			advance, of $50,000 from September 2024 to March 2025, and $62,500 from June 2025 to September 2026 to support a 3-year Performance Testing Project titled
Six US shareholders [Member]
Issuance of restricted common shares			777,775
Issuance of restricted common shares, value			$ 70,000
Issuance of restricted common shares price per share			$ 0.09
Service and Stock Cancellation Agreement [Member]
Issuance of restricted common stock				4,656,550
Remaining restricted shares to be issued					4,656,550
Issuance of restricted common shares	375,000
Restricted stock committed to be canceled			375,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)			1 Months Ended		6 Months Ended
	Jan. 06, 2025	Jan. 02, 2025	Jan. 17, 2025	Aug. 16, 2024	Dec. 31, 2024
Issuance of restricted common shares				9,655,542
Seven US shareholders [Member]
Issuance of restricted common shares					2,500,000
Issuance of restricted common shares price per share					$ 0.10
Six US shareholders [Member]
Issuance of restricted common shares					777,775
Issuance of restricted common shares price per share					$ 0.09
Subsequent Event [Member]
Cancelled restricted Common Shares	200,000
Issuance of restricted common shares		3,277,775
Subsequent Event [Member] | Seven US shareholders [Member]
Issuance of restricted common shares		2,500,000
Issuance of restricted common shares price per share		$ 0.10
Issuance of restricted common amount		$ 250,000
Subsequent Event [Member] | Six US shareholders [Member]
Issuance of restricted common shares		777,775
Issuance of restricted common shares price per share		$ 0.09
Issuance of restricted common amount		$ 70,000
Subsequent Event [Member] | Aegis Ventures Limited [Member]
Remaining restricted shares to be issued		4,656,550
Issuance of restricted common shares		4,656,550
Restricted common shares outstanding percentage		restricted Common Shares to Aegis Ventures Limited, being 50% of the 0.75% of the Company’s total shares outstanding
Subsequent Event [Member] | La Belle Missouri [Member]
Proceeds for sale of the Property			$ 350,000
Subsequent Event [Member] | Hannah Bruehl [Member]
Issuance of restricted common shares		50,000
Subsequent Event [Member] | Hannah Bruehl, Executive Assistant to C-Suite Executives [Member]
Issuance of restricted common shares		50,000