RELATED PARTY TRANSACTIONS

3 Months Ended

May 31, 2021

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 6 – RELATED PARTY TRANSACTIONS

During the three months ended May 31, 2021, Saeb Jannoun, CEO, advanced the Company $3,000 for general operating expense. The advance is non-interest bearing and due on demand.

During the three months ended May 31, 2021, EROP Enterprises LLC (“EROP”), a significant shareholder, advanced the Company $13,344 for general operating expense. The advance is non-interest bearing and due on demand.

On April 7, 2021, the Company issued 200,000 restricted shares of common stock each to two of its directors for services. The shares were valued at $0.12, the closing stock price on the date of grant, for total non-cash expense of $48,000. As of May 31, 2021, the shares have not yet been issued by the transfer agent and have been credited to and disclosed as common stock to be issued.

During the three months ended May 31, 2021, EROP purchased 1,475,000 shares of common stock for $147,500. As of May 31, 2021, the shares have not yet been issued by the transfer agent and have been credited to and disclosed as common stock to be issued.