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RELATED PARTY TRANSACTIONS
6 Months Ended
Feb. 28, 2023
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 3 – RELATED PARTY TRANSACTIONS

 

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders.

 

During the six months ended February 28, 2023, and 2022 the Company received a loan of $2,200 and $10,700 from the Company’s CEO and director. The amount is unsecured, non-interest bearing, due on demand and has not been formalized by a promissory note. As of February 28, 2023, and August 31, 2022, the Company had due to related party of $15,900 and $13,700, respectively.