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SUBSEQUENT EVENTS
9 Months Ended
May 31, 2017
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 6 – SUBSEQUENT EVENTS

 

In accordance with ASC 855-10, the Company has analyzed its operations subsequent to May 31, 2017 to the date these financial statements were issued and has determined that it does not have any material subsequent events to disclose in these financial statements except below;

 

On June 1, 2017, the Company entered into patent license agreement. The agreement shall be for a term of 5 years commencing on the effective date and the Company shall pay the licensor a non-refundable, up-from payment of $500,000 and a royalty of 20% of the gross revenue realized from it sale of licensed products and sub-licensing of others under the agreement.