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- RELATED PARTY TRANSACTIONS
6 Months Ended
Nov. 30, 2019
- RELATED PARTY TRANSACTIONS [Abstract]  
- RELATED PARTY TRANSACTIONS

NOTE 7 – RELATED PARTY TRANSACTIONS

 

The Company’s president has verbally agreed to provide interest free advances, due on demand, to the Company up to $100,000. As of November 30, 2019, and May 31, 2019, the Company has drawn $49,458 and $54,500, respectively, of advances. In addition, the Company’s president has agreed to provide production space in Sri Lanka at no charge for the production of goods through December 2020.

 

The Company’s subsidiary received $339,661 and $203,622 as advances from related parties as of November 30, 2019, and May 31, 2019, respectively. The advances are interest-free and due on demand.