RELATED PARTY TRANSACTIONS

12 Months Ended

May. 31, 2015

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 4. RELATED PARTY TRANSACTIONS

On April 17, 2014, the Company accepted another loan from American Compass Inc. (“ACI”), a related party based on the beneficial ownership of the Company held by certain key management of ACI, in the amount of $10,000. This is a non-interest bearing and unsecured loan due on April 17, 2016. On June 30, 2014, the Company accepted another loan from ACI in the amount of $10,000. This is a non-interest bearing and unsecured loan due on June 30, 2016. On November 19, 2014, the Company accepted another loan from ACI in the amount of $10,000. This is a non-interest bearing and unsecured loan due on November 19, 2016. On February 4, 2015, the Company accepted another loan from ACI in the amount of $10,000 (the “New ACI Loan”). The New ACI Loan is a non-interest bearing and unsecured loan due on February 4, 2017 (“Due Date”). If the New ACI Loan is not repaid within 10 days of its Due Date, a late charge of 5% will be incurred. In addition, should the Company be in default, ACI will charge the Company a 5% fee on the unpaid balance of the New ACI Loan.

As of May 31, 2015, the total balance due to ACI is $138,859.

Year ended May 31,
Current	$	108,859
2016		30,000
2017		-
	$	138,859