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RELATED-PARTY TRANSACTIONS
3 Months Ended
Oct. 31, 2022
Related Party Transactions [Abstract]  
RELATED-PARTY TRANSACTIONS

NOTE 5 – RELATED-PARTY TRANSACTIONS

 

The former President of the Company, Olegas Tunevicius, is the only related party with whom the Company had balance and transactions with. During the three months ended October 31, 2021, Mr. Tunevicius contributed $8,837 in cash to assist in paying for operating expenses on behalf of the Company. No transactions incurred with Mr. Tunevicius during the three months ended October 31, 2022. The amounts due to the related party are unsecured and non-interest bearing with no set terms of repayment. As disclosed in Note 1, Mr. Tunevicius resigned as the Company’s sole officer and director after the change of control on August 31, 2022, the outstanding balance with Mr. Tunevicius of $71,724 and $71,724 was included in Accounts Payables and Related Party Payable as of October 31, 2022 and July 31, 2022, respectively.