XML 13 R11.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
- RELATED-PARTY TRANSACTIONS
6 Months Ended
Jan. 31, 2020
- RELATED-PARTY TRANSACTIONS [Abstract]  
- RELATED-PARTY TRANSACTIONS

NOTE 5 - RELATED-PARTY TRANSACTIONS

 

The President and sole director of the Company, Olegas Tunevicius, is the only related party with whom the Company had transactions with during the six months ended January 31, 2020. During this period, Mr. Tunevicius contributed $150 in cash to assist in paying for operating expenses on behalf of the Company.  As of July 31, 2018 Mr. Tunevicius had contributed $1,632 and during the year ended July 31, 2019, Mr. Tunevicius contributed an additional $16,862 and the Company issued 3,500,000 shares to reduce the related party loan by $3,500. The amounts due to the related party are unsecured and non-interest bearing with no set terms of repayment and were $15,144 and $14,994 as of January 31, 2020, and July 31, 2019, respectively.