XML 25 R14.htm IDEA: XBRL DOCUMENT v3.21.2
Subsequent Events
3 Months Ended
Jan. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events
8. NOTE 8 – SUBSEQUENT EVENTS

 

Marketing Services Agreement

 

The Company’s management continues to negotiate with a professional marketing firm to establish a global marketing strategy that includes e-marketing, awareness, branding and digital media. The Company anticipates that the negotiated consulting arrangement will take place by the end of fiscal third quarter 2021 and will help advance our business significantly. No commitments as to terms nor commencement have been made.

 

RELATED PARTY TRANSACTION

 

Related Party Transaction / Acquisition

 

The Company’s management continues to negotiate an asset purchase and sale transaction to acquire right, title and interest in certain business assets from a company that owns common shares in the Company and in which the Chief Executive Officer participates in. The Company is anticipating acquiring a medical technology, which also includes the assignment of any related FDA submittals, licenses, blueprints, test machines, schematics, or permits, as the case may be, and a predetermined amount of cash. The Company also anticipates the assignment and assumption of certain obligations and liabilities from that company as a result of the contemplated transaction.