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Note Payable
6 Months Ended
May 31, 2024
Debt Disclosure [Abstract]  
Note Payable

Note 7 – Note Payable

 

During the six months ended May 31, 2024, the Company entered into a financing agreement for payment of D&O insurance. The total note was $104,160 for 10 months. During the six months ended May 31, 2024, the Company paid the downpayment of $26,227 and six monthly payments of $8,265 each. The note has an interest rate of 12.99%.

 

At May 31, 2024, the remaining balance on the loan is $36,609.