COMMITMENTS AND CONTINGENCIES

12 Months Ended

Jan. 31, 2018

Notes to Financial Statements

NOTE 11. COMMITMENTS AND CONTINGENCIES

On August 23, 2016, Amuli entered into a lease agreement for office space in Shenzhen city, Guangdong Province, P.R.C. commencing on August 23, 2016 for a three-year lease term. The monthly rental expense is approximately $6,762 (RMB 42,526).

As of January 31, 2018, the outstanding lease commitments are: 

Year 1	$	81,140
Year 2		47,332
	$	128,427

As of January 31, 2017, the outstanding lease commitments are:

Year 1	$	72,444
Year 2		72,444
Year 3		42,259
	$	187,146