SUBSEQUENT EVENTS	3 Months Ended
Feb. 28, 2026
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 15 — SUBSEQUENT EVENTS The Company has evaluated subsequent events from February 28, 2026 through April 13, 2026. Based on this evaluation, the Company has determined that no subsequent events have occurred that require recognition or disclosure in the consolidated financial statements for the three months ended February 28, 2026, except (i) as disclosed in Note 4 with respect to the collection of $100,000 of the outstanding loans receivable balance received on March 16, 2026; (ii) as disclosed in Note 13 with respect to the service of process received in March 2026 in connection with the California Labor Commissioner wage claim; and (iii) as set forth below. On March 10, 2026, the Company entered into Stock Purchase Agreements with eight non-U.S. investors, pursuant to which the Company agreed to issue and sell in a private placement an aggregate of 32,000,000 shares of the Company's Class A Common Stock, par value $0.000001 per share, at a purchase price of $0.25 per share, for aggregate gross proceeds of $8,000,000. The offering is being conducted in offshore transactions pursuant to Rule 903 of Regulation S promulgated under the Securities Act of 1933, as amended. The closing of the private placement is expected to occur within ninety days following the execution of the Stock Purchase Agreements. As of the date of this filing, the closing has not yet occurred and no shares have been issued in connection with the private placement.

SUBSEQUENT EVENTS

3 Months Ended

Feb. 28, 2026

NOTE 15 — SUBSEQUENT EVENTS

The Company has evaluated subsequent events from February 28, 2026 through April 13, 2026. Based on this evaluation, the Company has determined that no subsequent events have occurred that require recognition or disclosure in the consolidated financial statements for the three months ended February 28, 2026, except (i) as disclosed in Note 4 with respect to the collection of $100,000 of the outstanding loans receivable balance received on March 16, 2026; (ii) as disclosed in Note 13 with respect to the service of process received in March 2026 in connection with the California Labor Commissioner wage claim; and (iii) as set forth below.

On March 10, 2026, the Company entered into Stock Purchase Agreements with eight non-U.S. investors, pursuant to which the Company agreed to issue and sell in a private placement an aggregate of 32,000,000 shares of the Company's Class A Common Stock, par value $0.000001 per share, at a purchase price of $0.25 per share, for aggregate gross proceeds of $8,000,000. The offering is being conducted in offshore transactions pursuant to Rule 903 of Regulation S promulgated under the Securities Act of 1933, as amended. The closing of the private placement is expected to occur within ninety days following the execution of the Stock Purchase Agreements. As of the date of this filing, the closing has not yet occurred and no shares have been issued in connection with the private placement.