DEBENTURE PAYABLE (Details Narrative) - USD ($) |
9 Months Ended | |
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Jan. 11, 2022 |
May 31, 2024 |
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DEBENTURE PAYABLE | ||
Convertible debt payable | $ 20,000 | |
Debt interest rate | 8.00% | |
Debenture conversion terms, description | the right to convert any time within 2 years | |
Conversion price | $ 1 | |
Debt converted into common shares | 46,400 |
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- References No definition available.
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- References No definition available.
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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