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SUBSEQUENT EVENTS
12 Months Ended
Nov. 30, 2024
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 9 – SUBSEQUENT EVENTS

 

In accordance with ASC 855, “Subsequent Events,” the Company has analyzed its operations subsequent to November 30, 2024 to the date these financial statements were issued and has determined that it has the below material subsequent event to disclose in these financial statements.

 

On January 25, 2025, the Company entered into an Equity Purchase Agreement with Williamsburg Venture Holdings, LLC, a Nevada limited liability company, pursuant to which the Investor agreed to invest up to $5,000,000 over a 24-month period. During the term, the Company shall be entitled to put to Williamsburg, and the Williamsburg shall be obligated to purchase, such number of shares of the Company’s common stock and at such price as are determined in accordance with the Equity Purchase Agreement. The per share purchase price for the Williamsburg Put Shares will be equal to 90% the lowest traded price of the Common Stock on the principal market during the five (5) consecutive trading days immediately preceding the date which Williamsburg received the Williamsburg Put Shares as DWAC Shares in its brokerage account (as reported by Bloomberg Finance L.P., or other reputable source).

 

On March 6, 2025, the Company amended the Equity Purchase Agreement with Williamsburg Venture Holdings, LLC to increase the Maximum Commitment Amount from $5 million to $10 million.

 

On February 7, 2025, the Company issued 67,500 shares of common stock issued to Williamsburg Venture Holdings, LLC.

 

On March 3, 2025, the Company issued 221,000 shares of common stock to five consultants for service rendered.

 

On March 6, 2025, the Company issued 67,500 shares of common stock issued to Williamsburg Venture Holdings, LLC.

 

On March 7, 2025, the Company issued 5,117,333 shares of common stock from conversion of convertible note of $153,520.