Cover
Cover - shares | 6 Months Ended | |
Dec. 31, 2022 | Feb. 14, 2023 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Dec. 31, 2022 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2023 | |
Current Fiscal Year End Date | --06-30 | |
Entity File Number | 333-192874 | |
Entity Registrant Name | ZHRH CORPORATION | |
Entity Central Index Key | 0001594114 | |
Entity Tax Identification Number | 99-0369270 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 50 West Liberty Str. | |
Entity Address, Address Line Two | Suite 880 | |
Entity Address, City or Town | Reno | |
Entity Address, State or Province | NV | |
Entity Address, Postal Zip Code | 89501 | |
City Area Code | 775 | |
Local Phone Number | 322-06261 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | true | |
Entity Common Stock, Shares Outstanding | 75,000,000 |
Balance Sheets (Unaudited)
Balance Sheets (Unaudited) - USD ($) | Dec. 31, 2022 | Jun. 30, 2022 |
Current assets | ||
Cash and cash equivalents | $ 20,223 | $ 180,079 |
Total current assets | 20,223 | 180,079 |
TOTAL ASSETS | 20,223 | 180,079 |
Current liabilities | ||
Accrued liabilities and other current liabilities | 110,036 | 150,811 |
Related parties loan payable | 234,573 | 228,382 |
Convertible note, net of discount | 430,000 | 430,000 |
Common stock payable | 195,379 | 123,926 |
Total current liabilities | 969,987 | 933,119 |
TOTAL LIABILITIES | 969,987 | 933,119 |
COMMITMENTS & CONTINGENCIES | ||
STOCKHOLDERS’ DEFICIT | ||
Common stock, no par value; 75,000,000 shares authorized, 75,000,000 shares issued and outstanding at December 31, 2022 and June 30, 2022 | 75,000 | 75,000 |
Additional paid-in capital | (15,115) | (15,115) |
Accumulated deficit | (1,009,649) | (812,925) |
TOTAL STOCKHOLDERS’ DEFICIT | (949,765) | (753,041) |
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | $ 20,223 | $ 180,079 |
Balance Sheets (Unaudited) (Par
Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Dec. 31, 2022 | Jun. 30, 2022 |
Statement of Financial Position [Abstract] | ||
Common Stock, no par value | $ 0 | $ 0 |
Common Stock, shares authorized | 75,000,000 | 75,000,000 |
Common stock, shares issued | 75,000,000 | 75,000,000 |
Common stock, shares outstanding | 75,000,000 | 75,000,000 |
Statements of Operations and Co
Statements of Operations and Comprehensive Income (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | |
Operating expenses | ||||
Legal fees | $ 68,161 | $ 40,635 | $ 74,451 | $ 127,412 |
Audit and accounting fees | 8,600 | 10,400 | 49,200 | 61,500 |
Consulting fees | 19,015 | 150,001 | 44,141 | |
General and administrative expense | 2,810 | 3,798 | 10,199 | |
Total operating expense | 98,856 | 50,834 | 277,450 | 243,252 |
Loss from operations | (98,856) | (50,834) | (277,450) | (243,252) |
Other income (expenses) | ||||
Other Income | 104,168 | 104,168 | ||
Interest expense | (11,721) | (23,442) | ||
Total other income(expenses) | 92,447 | 80,726 | ||
Net loss | $ (6,139) | $ (50,834) | $ (196,724) | $ (243,252) |
Net loss per common share – basic and diluted | ||||
Weighted average common shares outstanding – basic and diluted | 75,000,000 | 75,000,000 | 75,000,000 | 75,000,000 |
Statements of Cash Flows (Unaud
Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Cash flows from operating activities | ||
Net loss | $ (196,724) | $ (243,252) |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | ||
Stock based compensation | 71,452 | |
Changes in assets and liabilities | ||
Increase in accruals and other payables | (40,775) | 114,617 |
Increase in related party payables | 6,191 | 128,635 |
Net cash used in operating activities | (159,856) | |
Proceeds from Convertible note | ||
Payments on related party debt | ||
Net cash used in financing activities | ||
Net increase in cash and cash equivalents | (159,856) | |
Effect of foreign currency translation on cash and cash equivalents | ||
Cash and cash equivalents–beginning of period | 180,079 | |
Cash and cash equivalents–end of period | 20,223 | |
Supplementary cash flow information: | ||
Interest paid | ||
Income taxes paid | ||
Non-Cash Financing and Investing Activities: | ||
Forgiveness of related party debt | ||
Payment on related party debt | ||
Common stock issuable in conjunction with Convertible Note |
Statements of Stockholders' Equ
Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balance - September 30, 2021 at Jun. 30, 2021 | $ 75,000 | $ (20,916) | $ (222,768) | $ (168,684) |
Beginning balance, shares at Jun. 30, 2021 | 75,000,000 | |||
Forgiveness of related party debt | 5,801 | 5,801 | ||
Net loss | (192,418) | (192,418) | ||
Balance - December 31, 2021 at Sep. 30, 2021 | $ 75,000 | (15,115) | (415,186) | (355,301) |
Ending balance, shares at Sep. 30, 2021 | 75,000,000 | |||
Net loss | (50,834) | (50,834) | ||
Balance - December 31, 2021 at Dec. 31, 2021 | $ 75,000 | (15,115) | (466,021) | (406,136) |
Ending balance, shares at Dec. 31, 2021 | 75,000,000 | |||
Balance - September 30, 2021 at Jun. 30, 2022 | $ 75,000 | (15,115) | (812,925) | (753,041) |
Beginning balance, shares at Jun. 30, 2022 | 75,000,000 | |||
Net loss | (190,585) | (190,585) | ||
Balance - December 31, 2021 at Sep. 30, 2022 | $ 75,000 | (15,115) | (1,003,511) | (943,626) |
Ending balance, shares at Sep. 30, 2022 | 75,000,000 | |||
Net loss | (6,139) | (6,139) | ||
Balance - December 31, 2021 at Dec. 31, 2022 | $ 75,000 | $ (15,115) | $ (1,009,649) | $ (949,765) |
Ending balance, shares at Dec. 31, 2022 | 75,000,000 |
Organization and basis of accou
Organization and basis of accounting | 6 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Organization and basis of accounting | Note 1 – Organization and basis of accounting Basis of Presentation and Organization Ketdarina Corp. was incorporated under the laws of the State of Nevada on July 13, 2011. Until November 19, 2014, we were in the business of wholesale of bedding products to industrial, commercial and institutional retailers, and other professional business users, or to other wholesalers and related subordinated services. On November 19, 2014, as reported in our Form 8-K which was filed with the Securities and Exchange Commission on November 28, 2014, the previous principal shareholders: (a) sold their shares to Western Highlands Minerals, Ltd., a Vietnamese corporation “WHM”); (b) resigned as our management and appointed WHM’s designees as new management, (c) took over the inactive bedding business from us, and (d) cancelled all previous debt which we owed to them. Since the change of control, although engaging in ongoing discussions, WHM and its designees have not entered into any agreements or understandings by which we would acquire any assets or a business. On December 16, 2020, as a result of a receivership in Clark County, Nevada, Case Number: A-20-816621-B, Custodian Ventures LLC (“Custodian”) was appointed receiver of Ketdarina Corp. (the “Company”). On that same date, Custodian appointed David Lazar as the Company’s Chief Executive Officer, President, Secretary, Chief Financial Officer, Chief Executive Officer and Chairman of the Board of Directors. On April 6, 2021, Custodian Ventures LLC (the “Seller”), entered into a Common Stock Purchase Agreement (the “SPA”) pursuant to which the Seller agreed to sell to Calgary Thunder Bay Limited (the “Purchaser”), the 71,260,000 On that same date, Mr. David Lazar, who was the Registrant’s sole officer and director, submitted his resignation from all management positions and appointed Brett Lovegrove (the “Designee”) as the sole director and officer of the Registrant. As a result thereof, the Designee is now the sole director and officer of the Registrant. The accompanying condensed financial statements are prepared on the basis of accounting principles generally accepted in the United States of America (“GAAP”). The Company is a development stage enterprise devoting substantial efforts to establishing a new business, financial planning, raising capital, and research into products which may become part of the Company’s product portfolio. The Company has not realized significant sales through since inception. A development stage company is defined as one in which all efforts are devoted substantially to establishing a new business and, even if planned principal operations have commenced, revenues are insignificant. |
Going Concern
Going Concern | 6 Months Ended |
Dec. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | Note 2- Going Concern The accompanying condensed financial statements have been prepared assuming the continuation of the Company as a going concern. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and is dependent on debt and equity financing to fund its operations. Management of the Company is making efforts to raise additional funding until a registration statement relating to an equity funding facility is in effect. While management of the Company believes that it will be successful in its capital formation and planned operating activities, there can be no assurance that the Company will be able to raise additional equity capital or be successful in the development and commercialization of the products it develops or initiates collaboration agreements thereon. The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result from the possible inability of the Company to continue as a going concern. |
Summary of significant accounti
Summary of significant accounting policies | 6 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Summary of significant accounting policies | Note 3 – Summary of significant accounting policies Cash and Cash Equivalents For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. Employee Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718 Compensation - Stock Compensation (“ASC 718”). ASC 718 addresses all forms of share-based payment (“SBP”) awards including shares issued under employee stock purchase plans and stock incentive shares. Under ASC 718 awards result in a cost that is measured at fair value on the awards’ grant date, based on the estimated number of awards that are expected to vest and will result in a charge to operations. Fair Value Measurement The Company values its amounts due to related partings and short term loans payable under FASB ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement). The three levels of the fair value hierarchy are as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities. Level 2 – Valuations for assets and liabilities that can be obtained from readily available pricing sources via independent providers for market transactions involving similar assets or liabilities. The Company’s principal markets for these securities are the secondary institutional markets, and valuations are based on observable market data in those markets. Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value. The Company uses Level 3 to value its derivative instruments. Subsequent Event The Company evaluated subsequent events through the date when financial statements are issued for disclosure consideration. Recent Accounting Pronouncements In August 2020, the FASB issued Accounting Standards Update (ASU) No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity's Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the SEC did not or in management’s opinion will not have a material impact on the Company’s present or future consolidated financial statements. |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Dec. 31, 2022 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Note 4 – Related Party Transactions On December 16, 2020, as a result of a receivership in Clark County, Nevada, Case Number: A-20-816621-B, Custodian Ventures LLC (“Custodian”) was appointed receiver of Ketdarina Corp. (the “Company”). On that same date, Custodian appointed David Lazar as the Company’s Chief Executive Officer, President, Secretary, Chief Financial Officer, Chief Executive Officer and Chairman of the Board of Directors. During the fiscal year July 01, 2020 thru April 06, 2021, David Lazar, paid $ 26,195 71,260,000 0.001 18,355 5,801 0 0 During the six months ended December 31, 2022, Calgary Thunder Bay paid $ 6,191 234,573 228,382 |
Convertible notes
Convertible notes | 6 Months Ended |
Dec. 31, 2022 | |
Debt Disclosure [Abstract] | |
Convertible notes | Note 5 – Convertible notes On January 24, 2022, the Company received $ 200,000 200,000 December 31, 2022 10 On March 07, 2022, the Company received $ 30,000 30,000 December 31, 2022 10 A summary of value changes to the notes for the six months ended December 31, 2022 is as follows: Schedule of Convertible notes Carrying value of Convertible Notes at July 01, 2022 $ 430,000 New principal - Total principal 430,000 Less: conversion of principal - Add: amortization of discount and deferred financing fees - Carrying value of Convertible Notes at December 31, 2022 $ 430,000 |
Common stock
Common stock | 6 Months Ended |
Dec. 31, 2022 | |
Equity [Abstract] | |
Common stock | Note 6 – Common stock On March 09, 2021, the Company issued 71,260,000 0.001 18,355 As of December 31, 2022 and June 30, 2022, 75,000,000 0.001 |
Commitments and Contingencies
Commitments and Contingencies | 6 Months Ended |
Dec. 31, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | Note 7 - Commitments and Contingencies Director Agreement with Aymar de Lencqusaing, Brett Lovegrove, Cindy Li, James P. Bond, Jean-Michel Doublet and Lionel Therond On March 9, 2022, the Company entered into a Director Agreement with Aymar de Lencqusaing, Brett Lovegrove, Cindy Li, James P Bond, Jean-Michel Doublet and Lionel Therond. Pursuant to each Director Agreement, each director agreed to perform the duties of a director in accordance with the terms of the Director Agreement with a time commitment of 8-10 days per month, with 4 Board meetings per year. The Director Agreement’s term starts on March 9, 2022 and terminates upon the earlier of the following to occur: (i) removal of the individual as a director of the Company upon proper shareholder action in accordance with the Company’s articles, bylaws and applicable law (ii)Individuals resignation as a director of the Company (iii) individuals death or (iv) failure of the shareholders of the Company to re-elect the individual at the Company’s annual shareholder meeting or any special meeting of the shareholders called for the purpose of electing directors. Pursuant to the Director Agreement, the Company agreed to indemnify each director, if he becomes a party, or is threatened to become a party, to a proceeding (other than an action by or in the right of the Company) by reason of Each individuals status as a director in accordance with the terms and conditions set forth in the Director Agreement. Pursuant to the Director Agreement, the Company agreed to obtain and maintain director and officer insurance for the Company following the completion of the ZHRH Transaction and each director will be named as an insured party under such insurance. There can be no assurance that the Company will enter into any letters of intent or any other oral or written agreements in connection with the ZHRH Transaction, or that the ZHRH Transaction can occur at all. Pursuant to the Director Agreement, the Company agreed to compensate each director for such services by issuing each of them shares of the Company’s common stock as follows: ● The intent is that for each full year that he serves as a director of the Company, they’ll receive a number of shares of the Company’s common stock having a total value of $ 80,000 ● The first grant of shares of common stock will be made on the closing of the ZHRH Transaction and will be based on the length of each individuals service as a director of the Company as of that date at the time of closing (the “First Grant”). The number of shares of common stock to be issued in the First Grant shall be based on a value of each share of common stock as determined based on the number of shares of common stock issued to the shareholders of ZHRH China in the ZHRH Transaction assuming a pre-money valuation of ZHRH China of USD$30 million. In the event that each individual Ceases to serve as a director of the Company for any reason prior to the vesting of the First Grant shares, such First Grant shares will be automatically forfeited. ● Following the closing of the ZHRH Transaction, for each calendar quarter thereafter during which each individual continues to serve as a director of the Company, the Company will grant each director a restricted stock award of shares of the Company’s common stock having a fair market value (as determined by the Board or a committee thereof, but in any case without the involvement of Mr. Lovegrove) as of the last day of each such calendar quarter of $20,000 (each, a “Quarterly Grant”). Each Quarterly Grant shall vest, if at all, on the one-year anniversary of the applicable grant date, and, once vested, shall be subject to no additional contractual lock-in period. In the event that a director ceases to serve as a director of the Company for any reason, any Quarterly Grant which has not vested at such time will be automatically forfeited. On December 30, 2022, Lionel Therond resigned from all positions with the Company. Mr. Therond, served as the Company’s Chief Financial Officer from October 25, 2021 and as a member of the Company’s Board of Directors from March 9, 2022 until December 30, 2022.On December 12, 2022, Jean-Michel Doublet resigned from all positions with the Company. Mr. Jean-Michel Doublet served as the Company’s Chief Executive Officer from October 25, 2021 and as a member of the Company’s Board of Directors from March 9, 2022 until December 12, 2022. On December 12, 2022, Brett Lovegrove, the Company’s Chairman of the Board of Directors, agreed to be the Interim Chief Executive Officer and on December 30, 2022, Mr. Lovegrove agreed to be the Interim Chief Financial Officer of the Company. During the six months ended December 31, 2020, the Company accrued a total of $ 195,379 65,005 195,379 65,005 . |
Subsequent Events
Subsequent Events | 6 Months Ended |
Dec. 31, 2022 | |
Subsequent Events [Abstract] | |
Subsequent Events | Note 8 – Subsequent Events In accordance with ASC 855 the Company’s management reviewed all material events through the date these financial statements were available to be issued, there was only one material subsequent event. |
Summary of significant accoun_2
Summary of significant accounting policies (Policies) | 6 Months Ended |
Dec. 31, 2022 | |
Accounting Policies [Abstract] | |
Cash and Cash Equivalents | Cash and Cash Equivalents For purposes of reporting within the statements of cash flows, the Company considers all cash on hand, cash accounts not subject to withdrawal restrictions or penalties, and all highly liquid debt instruments purchased with a maturity of three months or less to be cash and cash equivalents. |
Employee Stock-Based Compensation | Employee Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718 Compensation - Stock Compensation (“ASC 718”). ASC 718 addresses all forms of share-based payment (“SBP”) awards including shares issued under employee stock purchase plans and stock incentive shares. Under ASC 718 awards result in a cost that is measured at fair value on the awards’ grant date, based on the estimated number of awards that are expected to vest and will result in a charge to operations. |
Fair Value Measurement | Fair Value Measurement The Company values its amounts due to related partings and short term loans payable under FASB ASC 820 which defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement). The three levels of the fair value hierarchy are as follows: Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities. Level 2 – Valuations for assets and liabilities that can be obtained from readily available pricing sources via independent providers for market transactions involving similar assets or liabilities. The Company’s principal markets for these securities are the secondary institutional markets, and valuations are based on observable market data in those markets. Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value. The Company uses Level 3 to value its derivative instruments. |
Subsequent Event | Subsequent Event The Company evaluated subsequent events through the date when financial statements are issued for disclosure consideration. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In August 2020, the FASB issued Accounting Standards Update (ASU) No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity's Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity's Own Equity Other recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the SEC did not or in management’s opinion will not have a material impact on the Company’s present or future consolidated financial statements. |
Convertible notes (Tables)
Convertible notes (Tables) | 6 Months Ended |
Dec. 31, 2022 | |
Debt Disclosure [Abstract] | |
Schedule of Convertible notes | Schedule of Convertible notes Carrying value of Convertible Notes at July 01, 2022 $ 430,000 New principal - Total principal 430,000 Less: conversion of principal - Add: amortization of discount and deferred financing fees - Carrying value of Convertible Notes at December 31, 2022 $ 430,000 |
Organization and basis of acc_2
Organization and basis of accounting (Details Narrative) - shares | Mar. 09, 2022 | Apr. 06, 2021 |
Common Stock [Member] | Calgary Thunder Bay Limited [Member] | ||
Stock issued to related party | 71,260,000 | 71,260,000 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 3 Months Ended | 6 Months Ended | 9 Months Ended | ||||||
Apr. 12, 2021 | Mar. 09, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Dec. 31, 2022 | Dec. 31, 2021 | Apr. 06, 2021 | Jun. 30, 2022 | |
Related Party Transaction [Line Items] | |||||||||
Legal Fees | $ 68,161 | $ 40,635 | $ 74,451 | $ 127,412 | |||||
Forgiveness of related party debt | $ 5,801 | ||||||||
Due to related parties | 234,573 | 234,573 | $ 228,382 | ||||||
Operating Expenses | 98,856 | $ 50,834 | 277,450 | $ 243,252 | |||||
Custodian Ventures LLC [Member] | |||||||||
Related Party Transaction [Line Items] | |||||||||
Share price | $ 0.001 | ||||||||
Debt conversion amount | $ 18,355 | ||||||||
Due to related parties | 0 | 0 | 0 | ||||||
Calgary Thunder Bay Limited [Member] | |||||||||
Related Party Transaction [Line Items] | |||||||||
Due to related parties | $ 234,573 | 234,573 | $ 228,382 | ||||||
Operating Expenses | $ 6,191 | ||||||||
Common Stock [Member] | Custodian Ventures LLC [Member] | |||||||||
Related Party Transaction [Line Items] | |||||||||
Debt conversion shares issued | 71,260,000 | ||||||||
Additional Paid-in Capital [Member] | |||||||||
Related Party Transaction [Line Items] | |||||||||
Forgiveness of related party debt | $ 5,801 | ||||||||
Additional Paid-in Capital [Member] | Custodian Ventures LLC [Member] | |||||||||
Related Party Transaction [Line Items] | |||||||||
Forgiveness of related party debt | $ 5,801 | ||||||||
Management [Member] | |||||||||
Related Party Transaction [Line Items] | |||||||||
Legal Fees | $ 26,195 |
Convertible notes (Details)
Convertible notes (Details) | 6 Months Ended |
Dec. 31, 2022 USD ($) | |
Debt Disclosure [Abstract] | |
Carrying value of Convertible Notes at July 01, 2022 | $ 430,000 |
New principal | |
Total principal | 430,000 |
Less: conversion of principal | |
Add: amortization of discount and deferred financing fees | |
Carrying value of Convertible Notes at December 31, 2022 | $ 430,000 |
Convertible notes (Details Narr
Convertible notes (Details Narrative) - USD ($) | 1 Months Ended | 6 Months Ended | ||
Mar. 07, 2022 | Jan. 24, 2022 | Dec. 31, 2022 | Dec. 31, 2021 | |
Debt Instrument [Line Items] | ||||
Proceeds from convertible debt | ||||
Promissory Convertible Note [Member] | ||||
Debt Instrument [Line Items] | ||||
Proceeds from convertible debt | $ 30,000 | $ 200,000 | ||
Principal amount | $ 30,000 | $ 200,000 | ||
Maturity Date | Dec. 31, 2022 | Dec. 31, 2022 | ||
Interest rate | 10% | 10% |
Common stock (Details Narrative
Common stock (Details Narrative) - USD ($) | Mar. 09, 2022 | Apr. 06, 2021 | Dec. 31, 2022 | Jun. 30, 2022 | Mar. 09, 2021 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Common stock, shares issued | 75,000,000 | 75,000,000 | |||
Common stock, shares outstanding | 75,000,000 | 75,000,000 | |||
Common Stock, par value | $ 0.001 | $ 0.001 | |||
Calgary Thunder Bay Limited [Member] | |||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Stock Issued to relatd party, Value | $ 18,355 | ||||
Custodian Ventures LLC [Member] | |||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Share Price | $ 0.001 | ||||
Common Stock [Member] | Calgary Thunder Bay Limited [Member] | |||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | |||||
Stock Issued to relatd party, shares | 71,260,000 | 71,260,000 |
Commitments and Contingencies (
Commitments and Contingencies (Details Narrative) - USD ($) | 6 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2020 | Jun. 30, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |||
Sale of transaction | $ 80,000 | ||
Accrued directors stock compensation | $ 195,379 | ||
Accrued directors cash compensation | $ 65,005 | ||
Common stock payable | 195,379 | $ 123,926 | |
Unpaid directors fees | $ 65,005 |