XML 34 R15.htm IDEA: XBRL DOCUMENT v3.20.1
RELATED PARTY TRANSACTIONS
9 Months Ended
Jul. 31, 2019
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

Note 10

RELATED PARTY TRANSACTIONS

 

On October 17, 2014, 4,000,000 shares of the Company’s common stock were issued to the sole director for $4,000. On February 1, 2016, 500,000 shares were issued to the sole director for services. On December 8, 2016, 46,000,000 shares were issued to the sole director for services. As of July 31, 2019, a previous sole director of the Company currently holds 46,045,000 shares of our common stock.

 

The Director and President of the Company has loaned the company for operations from time to time on need basis. A previous loan in the amount of $4,066 was non-interest bearing, unsecured and payable upon demand. As of the year ended, October 31, 2018, the Company has taken a gain on impairment of this loan, with $4,066 recognized in other income and adjusted loan payable balance to $0. The balance as of July 31, 2019 is $0.

The Company's sole officer and director is involved in other business activities and may in the future, become involved in other business opportunities as they become available.