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RELATED PARTY TRANSACTIONS
3 Months Ended
Apr. 30, 2022
RELATED PARTY TRANSACTIONS  
Related Party Transactions

NOTE 5 – 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 officers, directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

 

Since February 21, 2017 (Inception) through April 30, 2022, the Company’s sole officer and director loaned the Company $13,649 to pay for incorporation costs and operating expenses. The loan is non-interest bearing, due upon demand and unsecured. On February 7, 2022, the company entered into an agreement with the sole officer and director to waive the amount of $10,667. On March 7, 2022, the company’s sole officer and director loaned the company and deposited to their bank account in the amount of $2,982. As of April 30, 2022, the amount outstanding was $2,982.