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RELATED PARTY TRANSACTIONS
12 Months Ended
Aug. 31, 2024
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 a time that the Company can support its operations or attain adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders.

During the years ended August 31, 2024, and 2023, the Company received a loan of $0 and $3,700 from the Company’s now former CEO and Director, respectively. The amount is unsecured, non-interest bearing, due on demand and has not been formalized by a promissory note. As of August 31, 2024, and 2023, the Company owed $17,400 and $17,400 respectively to the Company’s now former CEO and Director.