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RELATED PARTY TRANSACTIONS
6 Months Ended
Nov. 30, 2015
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 4. RELATED PARTY TRANSACTIONS

 

On November 4, 2013, the Company took a loan from American Compass Inc. (“ACI”), in the amount of $10,000. This is a noninterest bearing and unsecured loan due on November 4, 2017. 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 June 24, 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 24, 2017.

 

On September 30, October 21, and November 18, the Company accepted loans from ACI in the amount of $10,000, $10,000, and $20,000 respectively. They are non-interest bearing and unsecured loan due on September 30, October 21, and November 18, 2017.

 

As of November 30, 2015, the total balance of loan from ACI is $188,859.

 

November 30, 2015

 

 

 

 

 

Current

$

98,859

2016

 

30,000

2017

 

60,000

 

$

188,859