Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Commitments and Contingencies

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Note 8 - Commitments and Contingencies
9 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Commitments and Contingencies Disclosure [Text Block]
NOTE
8
- COMMITMENTS AND CONTINGENCIES
 
From time to time, we
may
be involved in routine legal proceedings, as well as demands, claims and threatened litigation that arise in the normal course of our business. The ultimate amount of liability, if any, for any claims of any type (either alone or in the aggregate)
may
materially and adversely affect our financial condition, results of operations and liquidity. In addition, the ultimate outcome of any litigation is uncertain. Any outcome, whether favorable or unfavorable,
may
materially and adversely affect us due to legal costs and expenses, diversion of management attention and other factors. We expense legal costs in the period incurred. We cannot assure you that contingencies of a legal nature or contingencies having legal aspects will
not
be asserted against us in the future, and these matters could relate to prior, current or future transactions or events. As of
March 31, 2018,
we are
not
a party to any legal proceedings that are expected, individually or in the aggregate, to have a material adverse effect on our business, financial condition or operating results.