Note 3 - Related Party Transactions

3 Months Ended

Jan. 31, 2016

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

Note 3 - Related Party Transactions

The Company has multiple related party transactions.  These related party transactions include accrued rent, accrued compensation and officer and shareholder payable.  These accounts are provided for working capital purposes, and are unsecured, non-interest bearing, and have no specific terms of repayment.

For the year ended October 31, 2015, the Company has increased the balance of accrued rent by $8,950, increased accrued compensation by $338,554, decreased officer and shareholder payable by $27,844 and decreased receivables from related entity by $7,696 since the year ended October 31, 2014.

The Company issued 27,500,000 shares to related party transactions for valued at $825,000 for the year ended October 31, 2015.

The Net balance of Related Party transactions on October 31, 2015 was $2,802,900.

For the year ended 10-31-2015, Shareholders withdrew approximately $59,000 from the cash balance and charged Shareholders draws incorrectly. This $59,000 was adjusted in the 10-31-2015 financial statements to Wage Expense. Related payroll taxes of approximately $6,000 are not recorded in the financial statements but are due and payable as short term liabilities.