- INCOME TAXES (Tables)

6 Months Ended

Nov. 30, 2019

- INCOME TAXES (Tables) [Abstract]

The components of the Company's deferred tax asset and reconciliation of income taxes computed at the new statutory rate of 21% to the income tax amount recorded as of November 30, 2019 and May 31, 2019,

The components of the Company’s deferred tax asset and reconciliation of income taxes computed at the new statutory rate of 21% to the income tax amount recorded as of November 30, 2019 and May 31, 2019, are as follows:

		November 30, 2019		May 31, 2019
Net operating loss carryforward	$	(338,210)	$	(66,254)
Effective tax rate		21 %		21 %
Deferred tax asset		71,024		13,914
Less: Valuation allowance		(71,024)		(13,914)
Net deferred asset	$	-	$	-

The change in the valuation allowance during the six months ended November 30, 2019 and May 31, 2019

The change in the valuation allowance during the six months ended November 30, 2019 and May 31, 2019, was $55,648 and $4,774, respectively.

		November 30, 2019		May 31, 2019
Federal income tax benefit attributed to:
Net operating loss from continuing operations	$	71,024	$	13,914
Valuation allowance		(71,024)		(13,914)
Net benefit	$	-	$	-