OTHER ASSETS AS NON-CURRENT ASSETS	12 Months Ended
Jun. 30, 2022
Other Assets As Non-current Assets
OTHER ASSETS AS NON-CURRENT ASSETS	NOTE 15 – OTHER ASSETS AS NON-CURRENT ASSETS As of June 30, 2022, the Company had other assets in the amount of $767,656 which is compound from the shares that Rayont (Australia) Pty Ltd has received from another public company Quantum Capital Inc. as a payment for the sale of its subsidiaries on January 31, 2022 in the amount of $716,872; a deposit done from No More Knots (Taringa) Pty Ltd for lease rent in the amount of $13,784; a deposit done from No More Knots (Newmarket) Pty Ltd for lease rent in the amount of $37,000.

OTHER ASSETS AS NON-CURRENT ASSETS

12 Months Ended

Jun. 30, 2022

NOTE 15 – OTHER ASSETS AS NON-CURRENT ASSETS

As of June 30, 2022, the Company had other assets in the amount of $767,656 which is compound from the shares that Rayont (Australia) Pty Ltd has received from another public company Quantum Capital Inc. as a payment for the sale of its subsidiaries on January 31, 2022 in the amount of $716,872; a deposit done from No More Knots (Taringa) Pty Ltd for lease rent in the amount of $13,784; a deposit done from No More Knots (Newmarket) Pty Ltd for lease rent in the amount of $37,000.

RAYONT INC. 10-K