10-Q

United states

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

[X] quarterly report under section 13 0r 15(d) of the securities exchange act of 1934

For the quarterly period ended August 31, 2016

[  ] transition report under section 13 0r 15(d) of the securities exchange act of 1934

For the transition period from ________________ to ________________

Commission file number 000-54875

Blue Spa Incorporated

(Exact name of registrant as specified in its charter)

Nevada	00-0000000
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
403 E. Commerce Street, San Antonio, Texas	78205
(Address of principal executive offices)	(Zip Code)

011-41-79-515-5555

(Registrant’s telephone number, including area code)

26/F Building A, Time Plaza, 2 Zongfu Road, Chengdu, China, 610016

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

[X] Yes [  ] No

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (s. 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

[  ] Yes [X] No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company in Rule 12b-2 of the Exchange Act.

Larger accelerated filer	[  ]	Accelerated filer	[  ]
Non-accelerated filer	[  ]	Smaller reporting company	[X]
(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

[X] Yes [  ] No

Applicable only to corporate issuers

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date.

Class	Outstanding at October 17, 2016
common stock - $0.0001 par value	7,000,000

Form 10-Q – Q1 Blue Spa Incorporated  Page 2

part I – financial information

Item 1. Financial Statements.

BLUE SPA INCORPORATED

Financial Statements

For The Three Months Ended August 31, 2016

(Stated in US Dollars)

Form 10-Q – Q1 Blue Spa Incorporated  Page 3

BLUE SPA INCORPORATED

interim Financial Statements

For the three Months Ended August 31, 2016

index to interim financial statements

	Page
Interim Balance Sheets	4
Interim Statements of Operations	5
Interim Statements of Stockholders’ Deficit and Comprehensive Income	6
Interim Statements of Cash Flows	7
Notes to Financial Statements	8

Form 10-Q – Q1 Blue Spa Incorporated  Page 4

BLUE SPA INCORPORATED

BALANCE SHEETS

UNAUDITED

	August 31, 2016			May 31, 2016
ASSETS
Current Assets:
Cash and cash equivalents	$	21,933		$	-
Prepaid expenses		-			-
TOTAL ASSETS	$	21,933		$	-
LIABILITIES AND STOCKHOLDERS EQUITY
LIABILITIES
Current Liabilities:
Accounts payable and accrued liabilities - Note 5	$	28,287		$	15,871
Amount due to a shareholder		8,001			8,001
Notes payable - Note 7		180,000			154,000
Interest payable		37,474			34,225
TOTAL LIABILITIES		253,762			212,097
Going Concern - Note 2
STOCKHOLDERS’ DEFICIT
Common Stock - Note 6
Par Value:$0.0001
Authorized 500,000,000 shares
Common Stock Issued 7,000,000		700			700
Additional Paid in Capital		16,300			16,300
Deficit Accumulated during the development stage		(248,829	)		(229,097	)
TOTAL STOCKHOLDERS’ DEFICIT		(231,829	)		(212,097	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	21,933		$	-

See accompanying notes to financial statements

Form 10-Q – Q1 Blue Spa Incorporated  Page 5

BLUE SPA INCORPORATED

STATEMENTS OF OPERATIONS

UNAUDITED

	For the three Months ended August 31, 2016			For the three Months ended August 31, 2015
Administrative and other operating expenses	$	16,483		$	2,809
Formation cost		-			-
Operating loss before interest expenses		(16,483	)		(2,809	)
Interest expenses		(3,249	)		(2,702	)
Operating loss before income taxes		(19,732	)		(5,511	)
Income Taxes		-			-
Net loss and comprehensive loss	$	(19,732	)	$	(5,511	)
Loss per share of common stock
-Basic and diluted	$	(0.003	)	$	(0.001	)
Weighted average shares of common stock
-Basic and diluted		7,000,000			7,000,000

See accompanying notes to financial statements

Form 10-Q – Q1 Blue Spa Incorporated  Page 6

BLUE SPA INCORPORATED

STATEMENTS OF STOCKHOLDERS’ DEFICIT

AND COMPREHENSIVE INCOME

							Deficit
							accumulated
					Additional		during the
	Common				Paid-in		development
	Shares		Amount		Capital		stage			Total
Balance, May 31, 2014		7,000,000	$	700	$	16,300	$	(153,479	)	$	(136,479	)
Net loss and comprehensive loss		-		-		-		(33,377	)		(33,377	)
Balance, May 31, 2015		7,000,000	$	700	$	16,300	$	(186,856	)	$	(169,856	)
Net loss and comprehensive loss		-		-		-		(42,241	)		(42,241	)
Balance, May 31, 2016		7,000,000	$	700	$	16,300	$	(229,097	)	$	(212,097	)
Net loss and comprehensive loss		-		-		-		(19,732	)		(19,732	)
Balance, August 31, 2016		7,000,000	$	700	$	16,300	$	(248,829	)	$	(231,829	)

See accompanying notes to financial statements

Form 10-Q – Q1 Blue Spa Incorporated  Page 7

BLUE SPA INCORPORATED

STATEMENTS OF CASH FLOWS

	For the three Months ended August 31, 2016			For the three Months ended August 31, 2015
Cash Flows from operating activities:
Net loss	$	(19,732	)	$	(5,511	)
Changes in current assets and liabilities
Prepaid Expenses		-			-
Accounts payable and accrued expenses		12,416			(725	)
Amount due to a shareholder		-			-
Interest payable		3,249			2,702
Net cash used in operating activities	$	(4,067	)	$	(3,534	)
Cash Flows from financing activities:
Proceeds from issuance of common stock		-			-
Notes payable		26,000			-
Net Cash generated from financing activities	$	26,000		$	-
Net increase in cash and cash equivalents		21,933			(3,534	)
Cash and cash equivalents at beginning of period		-			3,922
Cash and cash equivalents at end of period	$	21,933		$	388

See accompanying notes to financial statements

Form 10-Q – Q1 Blue Spa Incorporated  Page 8

BLUE SPA INCORPORATED

NOTES TO INTERIM FINANCIAL STATEMENTS

AUGUST 31, 2016

1. Organization and Nature of Operations

Blue Spa Incorporated (“the Company”) was incorporated in the State of Nevada, USA on September 4, 2009. The Company is in its early developmental stage since its formation and has not realized any revenues from its planned operations. The Company was engaged in the development of an internet based retailer of a multi-channel concept combining a wholesale distribution with a retail strategy relating to the quality personal care products, fitness apparel and related accessories. The Company obtained a majority vote from its shareholders to amend the Company’s name from “Blue Spa Incorporated” to “Sustainable Petroleum Group Inc.” to better reflect the new direction it plans to undertake in the oil and gas business. The name change will be effected on or around October 20, 2016 or as soon as practicable, pending regulatory approval.

The Company has chosen a fiscal year end May 31.

2. Going Concern

These interim financial statements have been prepared in conformity with generally accepted accounting principles in the United States, which contemplate continuation of the Company as a going concern. However, the Company has limited operations and has sustained operating losses resulting in a deficit. In view of these matters, realization of a major portion of the assets in the accompanying balance sheet is dependent upon the continued operations of the Company, which in turn is dependent upon the Company’s ability to meet its financing requirements, and the success of its future operations.

The Company has accumulated a deficit of $248,829 since inception September 4, 2009, has yet to achieve profitable operations and further losses are anticipated in the development of its business. The Company’s ability to continue as a going concern is in substantial doubt and is dependent upon obtaining additional financing and/or achieving a sustainable profitable level of operations. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

The Company believes that the cash on hand will be able to meet its on-going costs in the next 12 months. The Company may seek additional equity as necessary and it expects to raise funds through private or public equity investment in order to support existing operations and expand the range of its business. There is no assurance that such additional funds will be available for the Company on acceptable terms, if at all.

3. Interim reporting and significant accounting policies

While the information presented is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, result of operation and cash flows for the interim periods presented in accordance with accounting principles generally accepted in the United States of America. All adjustments are of a normal recurring nature. It is suggested that the interim condensed financial statements be read in conjunction with the Company’s May 31, 2016 annual financial statements. Operating results for the three month period ended August 31, 2016 are not necessarily indicative of the results that can be expected for the year ended May 31, 2017.

There have been no changes in the accounting policies from those disclosed in the notes to the audited financial statements for the year ended May 31, 2016.

4. Recently issued accounting pronouncements

The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any pronouncement not yet effective but recently issued would, if adopted, have a material effect on the accompanying financial statements

Form 10-Q – Q1 Blue Spa Incorporated  Page 9

5. Accrued expenses

Accrued expenses as of August 31, 2016 are summarized as follows:

	August 31, 2016		May 31, 2016
Accrued audit fee	$	11,000	$	11,000
Accrued accounting fee		1,575		1,575
Accrued legal fee		15,500		-
Accrued office expenses		212		3,296
Total	$	28,287	$	15,871

6. Common stock

During the period ended August 31, 2016, no shares of common stock were sold. There were a total of 7,000,000 common stocks issued and outstanding as of August 31, 2016. There were no warrants or stock options outstanding as of August 31, 2016.

7. Notes payable, due to Shareholders

There are seven (7) unsecured promissory notes bearing interest at 8% per annum which are due on demand.

Date	Principal		Interest		Total
October 6, 2010	$	3,000	$	1,418	$	4,418
February 22, 2011		1,500		663		2,163
May 17, 2011		7,500		3,178		10,678
September 16, 2011		5,000		1,985		6,985
November 4, 2011		5,000		1,930		6,930
March 15, 2012		10,000		3,573		13,573
December 14,2012		13,000		3,696		16,696
Total	$	45,000	$	16,443	$	61,443

There are two (2) unsecure promissory notes bearing interest at 4% per annum which are due on demand.

Date	Principal		Interest		Total
July 4, 2016	$	1,000	$	6	$	1,006
July 12, 2016		25,000		137		25,137
Total	$	26,000	$	143	$	26,143

Form 10-Q – Q1 Blue Spa Incorporated  Page 10

There are six (6) unsecured promissory notes bearing interest at 8% per annum which are due on demand, and convertible at a conversion price of US$0.005 per share at the lender’s option. The convertible notes are at the same interest rate as promissory notes that have no conversion feature.

Date	Principal		Interest		Total
April 2, 2013	$	14,000	$	3,826	$	17,826
September 4, 2013		30,000		7,180		37,180
October 15, 2013		15,000		3,455		18,455
January 8, 2014		10,000		2,117		12,117
December 3, 2014		20,000		2,797		22,797
September 22, 2015		20,000		1,512		21,512
Total	$	109,000	$	20,887	$	129,887

8. Subsequent Events

On September 15, 2016, the Company entered into a notes payable with a shareholder of the Company in the amount of $20,000. The note bears an interest rate of 4% per annum and is due on demand.

Subsequent to August 31, 2016, the Company obtained a majority vote from its shareholders to amend the Company’s name from “Blue Spa Incorporated” to “Sustainable Petroleum Group Inc.” The name change will be effected on or around October 20, 2016 or as soon as practicable, pending regulatory approval.

Form 10-Q – Q1 Blue Spa Incorporated  Page 11

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operation.

General

The following discussion of Blue Spa’s financial condition, changes in financial condition and results of operations for the three months ended August 31, 2016 should be read in conjunction with Blue Spa’s unaudited interim financial statements and related notes for the three months ended August 31, 2016.

Blue Spa is a startup company that intends to expand its online business and to focus on, identify, and assess new oil and gas projects for acquisition that are global in nature. Blue Spa is currently a “shell” company as defined by the SEC as a result of only having nominal operations and nominal assets. It is management’s intent to develop its existing assets or acquire new assets that will generate revenues for Blue Spa and so that Blue Spa will no longer be deemed a “shell” company. Management will continue to focus on the development, production, wholesale distribution, and retail sales of quality natural skin and body care products, fitness apparel, and related accessories, and will also focus on new oil and gas projects on an international level. In anticipation of expanding its business, management has decided that Blue Spa should begin the timely process of changing its name. Management believes that a name change will result in Blue Spa having a name that more accurately reflects the expanded focus of its business.

Blue Spa has not commenced significant operations nor generated any revenues and is considered a Development Stage Company, as defined by Statement of Financial Accounting Standard (“SFAS”) No.7 Accounting and Reporting by Development Stage Enterprises, and follows the guideline of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codifications (“ASC”) Topic 915 Development State Entities

Forward Looking Statements

This quarterly report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding Blue Spa’s capital needs, business plans and expectations. Such forward-looking statements involve risks and uncertainties regarding Blue Spa’s ability to carry out its planned development and production of products. Forward-looking statements are made, without limitation, in relation to Blue Spa’s operating plans, Blue Spa’s liquidity and financial condition, availability of funds, operating and exploration costs and the market in which Blue Spa competes. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “will”, “should”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential” or “continue”, the negative of such terms or other comparable terminology. Actual events or results may differ materially. In evaluating these statements, you should consider various factors, including the risks outlined below, and, from time to time, in other reports Blue Spa files with the SEC. These factors may cause Blue Spa’s actual results to differ materially from any forward-looking statement. Blue Spa disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

Plan of Operation

Blue Spa’s plan of operation for the next 12 months is to:

1. Strengthen its management and board of directors.

2. Identify, and assess new oil and gas projects for acquisition.

3. Develop and launch its website.

Form 10-Q – Q1 Blue Spa Incorporated  Page 12

In addition, management anticipates incurring the following expenses during the next 12 month period:

● Management anticipates spending approximately $1,000 in ongoing general and administrative expenses per month for the next 12 months, for a total anticipated expenditure of $12,000 over the next 12 months. The general and administrative expenses for the year will consist primarily of professional fees for the audit and legal work relating to Blue Spa’s regulatory filings throughout the year, as well as transfer agent fees, development costs and general office expenses.

● Management anticipates spending approximately $16,000 in complying with Blue Spa’s obligations as a reporting company under the Securities Exchange Act of 1934. These expenses will consist primarily of professional fees relating to the preparation of Blue Spa’s financial statements and completing and filing its annual report, quarterly report, and current report filings with the SEC.

As at August 31, 2016, Blue Spa had cash of $21,933 and total liabilities of $253,762. Accordingly, Blue Spa will require additional financing in the amount of $259,829 in order to fund its obligations as a reporting company under the Securities Act of 1934 and its general and administrative expenses for the next 12 months.

During the 12 month period following the date of this report, management anticipates that Blue Spa will not generate any revenue. Accordingly, Blue Spa will be required to obtain additional financing in order to continue its plan of operations. Management believes that debt financing will not be an alternative for funding Blue Spa’s plan of operations as it does not have tangible assets to secure any debt financing. Rather management anticipates that additional funding will be in the form of equity financing from the sale of Blue Spa’s common stock. However, Blue Spa does not have any financing arranged and cannot provide investors with any assurance that it will be able to raise sufficient funding from the sale of its common stock to fund its plan of operations. In the absence of such financing, Blue Spa will not be able to develop its products and its business plan will fail. Even if Blue Spa is successful in obtaining equity financing and developing its products, additional development of its website and marketing program will be required. If Blue Spa does not continue to obtain additional financing, it will be forced to abandon its business and plan of operations.

Risk Factors

An investment in Blue Spa’s common stock involves a number of very significant risks. Prospective investors should refer to all the risk factors disclosed in Blue Spa’s Form S-1/A – Amendment #3 filed on December 15, 2011.

Liquidity and Capital Resources

Three Month Period Ended August 31, 2016

At August 31, 2015, Blue Spa had a cash balance of $21,933388 and a working capital deficiency of $231,829 for the three month period ended August 31, 2016, compared to a cash balance of $nil and negative cash flows from operating activities of $212,097 for the fiscal period ended May 31, 2016.

The notes to Blue Spa’s unaudited interim financial statements as of August 31, 2016, disclose its uncertain ability to continue as a going concern. Blue Spa has not and does not expect to generate any revenues to cover its expenses while it is in the development stage and as a result Blue Spa has accumulated a deficit of $248,829 since inception. As of August 31, 2016, Blue Spa had $253,762 in current liabilities compared to $212,097 for the time period ended May 31, 2016. When its current liabilities are offset against its current assets of $21,933 Blue Spa is left with a negative working capital of $231,829.

While Blue Spa has successfully generated sufficient working capital through the sale of common stock and management believes that Blue Spa can continue to do so for the next year, there are no assurances that Blue Spa will succeed in generating sufficient working capital through the sale of common stock to meet its ongoing cash needs.

Net Cash Flows Used in Operating Activities. Net cash flows from operating activities during the three month period ended August 31, 2016 was a net loss of $4,067, which was primarily due to a increase in accrued expenses of $12,416 and an increase in interest payable of $3,249, compared to a net loss of $3,534 for the same time period for the prior fiscal period, which was primarily due to a net loss of $5,511, a decrease in accrued expenses of $725 and an increase in interest payable of $2,702.

Form 10-Q – Q1 Blue Spa Incorporated  Page 13

Net Cash Flows From Investing Activities. Blue Spa did not have any net cash flow from investing activities during the three month period ended August 31, 2016 compared to $nil for the same time period for the prior fiscal period.

Net Cash Flows From Financing Activities. Blue Spa’s net cash flow from financing activities during the three month period ended August 31, 2016 was $26,000 due to notes payable, compared to $nil for the same time period for the prior fiscal period.

Results of Operations – Three months ended August 31, 2016 and August 31, 2015

References to the discussion below to fiscal 2016 are to Blue Spa’s current fiscal year, which ended on May 31, 2016. References to fiscal 2015 are to Blue Spa’s fiscal year ended May 31, 2015.

	For the Three Months Ended August 31, 2016 $			For the Three Months Ended August 31, 2015 $
Revenue		-			-
Operating expenses
Administrative and other operating expenses		(16,483	)		(2,809	)
Interest expenses		(3,249	)		(2,702	)
Operating loss before income taxes		(19,732	)		(5,511	)
Income taxes		-			-
Net loss and comprehensive loss		(19,732	)		(5,511	)

Three Month Period Ended August 31, 2016

Net Loss. During the three month period ended August 31, 2016, Blue Spa had a net loss of $19,732 or $(0.003) per share. The loss was primarily due to administrative and other operating expenses and interest expenses, compared to the same time period for the prior fiscal period, when Blue Spa had a net loss of $5,511 or $ (0.001) per share, which was primarily due to administrative and other operating expenses and interest expenses.

Revenue. Blue Spa had no operating revenues since its inception on September 4, 2009, through to August 31, 2016. Blue Spa’s activities have been financed from the proceeds of share subscriptions and debt financing.

Operating Expenses. Blue Spa’s operating expenses during the three month period ended August 31, 2016 were $19,732. The operating expenses were due to $16,483 in administrative and other operating expenses and $3,249 in interest expenses.

Going Concern

Blue Spa has not attained profitable operations and is dependent upon obtaining financing to pursue any extensive business activities. For these reasons the financial statements have been prepared assuming Blue Spa will continue as a going concern.

Form 10-Q – Q1 Blue Spa Incorporated  Page 14

Future Financings

Management anticipates continuing to rely on equity sales of Blue Spa’s common stock in order to continue to fund its business operations. Issuances of additional common stock will result in dilution to Blue Spa’s existing stockholders. There is no assurance that Blue Spa will achieve any additional sales of its common stock or arrange for debt or other financing to fund its planned activities.

Inflation

Management does not believe that inflation will have a material impact on Blue Spa’s future operations.

Off-balance Sheet Arrangements

Blue Spa has no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

Contingencies and Commitments

Blue Spa had no contingencies or long-term commitments at August 31, 2016.

Tabular Disclosure of Contractual Obligations

Blue Spa is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide the information required under this item.

Critical Accounting Policies

Blue Spa’s financial statements and accompanying notes are prepared in accordance with generally accepted accounting principles in the United States. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. Management believes that understanding the basis and nature of the estimates and assumptions involved with the following aspects of Blue Spa’s financial statements is critical to an understanding of Blue Spa’s financial statements.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Changes in estimates are recognized in accordance with the accounting rules for the estimate, which is typically in the period when new information becomes available to management. Actual results could differ from those estimates.

Development Stage Company

Blue Spa is a developmental stage company, and follows the guideline of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codifications (“ASC”) Topic 915 Development State Entities. All losses accumulated since inception has been considered as part of Blue Spa’s development stage activities.

Form 10-Q – Q1 Blue Spa Incorporated  Page 15

Website Development Costs

Blue Spa recognized the costs associated with developing a website in accordance with ASC 350-50 “Website Development Cost” that codified the American Institute of Certified Public Accountants (“AICPA”) Statement of Position (“SOP”) NO. 98-1, “Accounting for the Costs of Computer Software Developed or Obtained for Internal Use”. Relating to website development costs Blue Spa follows the guidance pursuant to the Emerging Issues Task Force (EITF) NO. 00-2, “Accounting for Website Development Costs”. The website development costs are divided into three stages, planning, development and production. The development stage can further be classified as application and infrastructure development, graphics development and content development. In short, website development cost for internal use should be capitalized except content input and data conversion costs in content development stage.

Costs associated with the website consist primarily of website development costs paid to third party. These capitalized costs will be amortized based on their estimated useful life over three years upon the website becoming operational. Internal costs related to the development of website content will be charged to operations as incurred. Web-site development costs related to the customers are charged to cost of sales.

Fair Value of Financial Instruments

Fair value estimates of financial instruments are made at a specific point in time, based on relevant information about financial markets and specific financial instruments. As these estimates are subjective in nature, involving uncertainties and matters of significant judgment, they cannot be determined with precision. Changes in assumptions can significantly affect estimated fair values. The fair value of financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and short term note - related party, approximate their carrying values since they are short term in nature and they are receivable or payable on demand. Management is of the opinion that Blue Spa is exposed to significant interest or credit risks arising from the bank-held assets. Blue Spa is operating outside the United States of America and may have significant exposure to foreign currency risk due to the fluctuation of the currency in which Blue Spa operates and the U.S. dollar. Blue Spa accounts for certain assets and liabilities at fair value.

Concentration of Credit Risk

Blue Spa places its cash and cash equivalents with a high credit quality financial institution. Blue Spa maintains United States Dollars. Blue Spa minimizes its credit risks associated with cash by periodically evaluating the credit quality of its primary financial institution.

Foreign Currency Translation

Blue Spa is located and operating outside of the United States of America. The functional currency of Blue Spa is the U.S. Dollar. At the transaction date, each asset, liability, revenue and expense is translated into U.S. dollars by the use of the exchange rate in effect at that date. At the period end, monetary assets and liabilities are re-measured by using the exchange rate in effect at that date. The resulting foreign exchange gains and losses are included in operations.

Research and Development Costs

Research and development costs will be expensed as incurred.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Blue Spa is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide the information required under this item.

Form 10-Q – Q1 Blue Spa Incorporated  Page 16

Item 4. Controls and Procedures.

Evaluation of Disclosure Controls and Procedures

Management maintains “disclosure controls and procedures,” as such term is defined in Rule 13a-15(e) under the Securities Exchange Act of 1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed in Blue Spa’s Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to management, including Blue Spa’s Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.

In connection with the preparation of this quarterly report on Form 10-Q, an evaluation was carried out by management, with the participation of the Chief Executive Officer and the Chief Financial Officer, of the effectiveness of Blue Spa’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act as of August 31, 2016.

Based on that evaluation, management concluded, as of the end of the period covered by this report, that Blue Spa’s disclosure controls and procedures were not effective in recording, processing, summarizing, and reporting information required to be disclosed, within the time periods specified in the Securities and Exchange Commission’s rules and forms. In particular, Blue Spa failed to complete and file its assessment of its internal controls over financial reporting in a timely manner for the period ended August 31, 2016. As a result, Blue Spa’s disclosure controls and procedures have not been effective since then and, as a result, were not effective for the period covered by this report.

Subsequently, management has adopted policy to utilize external service providers to review and provide comment on disclosure reports and statements. As a result of the implementation of this policy, management believes that Blue Spa’s disclosure controls and procedures will now be effective.

Changes in Internal Controls over Financial Reporting

As of the end of the period covered by this report, there were no changes in Blue Spa’s internal controls over financial reporting during the quarter ended August 31, 2016, that materially affected, or are reasonably likely to materially affect, Blue Spa’s internal control over financial reporting subsequent to the date of management’s last evaluation. However, as a result of management’s completion of the assessment of Blue Spa’s internal controls over financial reporting, certain changes have been made, as discussed above, that will materially affect Pioneer’s internal control over financial reporting.

Limitations on the Effectiveness of Controls and Procedures

Management, including our Chief Executive Officer and Chief Financial Officer, does not expect that Blue Spa’s controls and procedures will prevent all potential error and fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met.

Part II – Other Information

Item 1. Legal Proceedings.

Blue Spa is not a party to any pending legal proceedings and, to the best of management’s knowledge, none of Blue Spa’s property or assets are the subject of any pending legal proceedings.

Item 1A. Risk Factors.

Blue Spa is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide the information required under this item.

Form 10-Q – Q1 Blue Spa Incorporated  Page 17

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

During the quarter of the fiscal year covered by this report, (i) Blue Spa did not modify the instruments defining the rights of its shareholders, (ii) no rights of any shareholders were limited or qualified by any other class of securities, and (iii) Blue Spa did not sell any unregistered equity securities.

Item 3. Defaults Upon Senior Securities.

During the quarter of the fiscal year covered by this report, no material default has occurred with respect to any indebtedness of Blue Spa. Also, during this quarter, no material arrearage in the payment of dividends has occurred.

Item 4. Mining Safety Disclosures.

There are no current mining activities at the date of this report.

Item 5. Other Information.

During the quarter of the fiscal year covered by this report, Blue Spa reported all information that was required to be disclosed in a report on Form 8-K.

Blue Spa has adopted a code of ethics that applies to all its executive officers and employees, including its CEO and CFO. See Exhibit 14 – Code of Ethics for more information. Blue Spa undertakes to provide any person with a copy of its financial code of ethics free of charge. Please contact Blue Spa at 403 E. Commerce Street, San Antonio, Texas, 78205 to request a copy of Blue Spa’s code of ethics. Management believes Blue Spa’s code of ethics is reasonably designed to deter wrongdoing and promote honest and ethical conduct; provide full, fair, accurate, timely and understandable disclosure in public reports; comply with applicable laws; ensure prompt internal reporting of code violations; and provide accountability for adherence to the code.

Item 6. Exhibits

(a) Index to and Description of Exhibits

All Exhibits required to be filed with the Form 10-Q are included in this quarterly report or incorporated by reference to Blue Spa’s previous filings with the SEC, which can be found in their entirety at the SEC website at www.sec.gov under SEC File Number 333-169331.

Exhibit	Description	Status
3.1	Articles of Incorporation, filed as an exhibit to Blue Spa’s Form S-1/A – Amendment #1 (Registration Statement) filed on December 17, 2010, and incorporated herein by reference.	Filed
3.2	By-Laws, filed as an exhibit to Blue Spa’s Form S-1 (Registration Statement) filed on September 13, 2010, and incorporated herein by reference.	Filed
3.3	Certificate of Amendment, filed as an exhibit to Blue Spa’s Form S-1 (Registration Statement) filed on September 13, 2010, and incorporated herein by reference.	Filed
10.1	Share Purchase Agreement dated July 25, 2016 between Workplan Holding Inc. and Law Yau Yau, filed as an exhibit to Blue Spa’s Form 8-K (Current Report) filed on August 11, 2016, and incorporated herein by reference.	Filed
14	Code of Ethics, filed as an exhibit to Blue Spa’s Form S-1 (Registration Statement) filed on September 13, 2010, and incorporated herein by reference.	Filed
31	Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.	Included
32	Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.	Included
101 *	Financial statements from the quarterly report on Form 10-Q of Blue Spa Incorporated for the quarter ended August 31, 2016, formatted in XBRL: (i) the Interim Balance Sheets, (ii) the Interim Statements of Operations; (iii) the Interim Statements of Stockholders’ Deficit and Comprehensive Income, and (iv) the Interim Statements of Cash Flows	Furnished

* In accordance with Rule 402 of Regulation S-T, the XBRL (“eXtensible Business Reporting Language”) related information is furnished and not deemed filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, and otherwise is not subject to liability under these sections.

Form 10-Q – Q1 Blue Spa Incorporated  Page 18

Signatures

In accordance with the requirements of the Securities Exchange Act of 1934, Blue Spa Incorporated has caused this report to be signed on its behalf by the undersigned duly authorized person.

	Blue Spa Incorporated
Dated: October 17, 2016	By:	/s/ Suha Hächler
	Name:	Suha Hächler
		President and Chief Executive Officer
		(Principal Executive Officer)

EX-31

Exhibit 31

Blue Spa Incorporated
CERTIFICATIONS PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

CERTIFICATION

I, Suha Hächler, certify that:

1. I have reviewed this quarterly report on Form 10-Q for the quarter ending August 31, 2016 of Blue Spa Incorporated;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: October 17, 2016

/s/ Suha Hächler

Suha Hächler

Chief Executive Officer

Blue Spa Incorporated
CERTIFICATIONS PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

CERTIFICATION

I, Suha Hächler, certify that:

1. I have reviewed this quarterly report on Form 10-Q for the quarter ending August 31, 2016 of Blue Spa Incorporated;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: October 17, 2016

/s/ Suha Hächler

Suha Hächler

Chief Financial Officer

EX-32

Exhibit 32

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Blue Spa Incorporated (the “Company”) on Form 10-Q for the period ending August 31, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Suha Hächler, Chief Executive Officer of the Company and a member of the Board of Directors, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Suha Hächler

Suha Hächler

Chief Executive Officer

October 17, 2016

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350,
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Blue Spa Incorporated (the “Company”) on Form 10-Q for the period ending August 31, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Suha Hächler, Chief Financial Officer of the Company and a member of the Board of Directors, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1)	The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ Suha Hächler

Suha Hächler

Chief Financial Officer

October 17, 2016

XML

Document and Entity Information - shares	3 Months Ended
	Aug. 31, 2016	Oct. 17, 2016
Document And Entity Information
Entity Registrant Name	Blue Spa Inc
Entity Central Index Key	0001500305
Document Type	10-Q
Document Period End Date	Aug. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--05-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		7,000,000
Document Fiscal Period Focus	Q1
Trading Symbol	BUES
Document Fiscal Year Focus	2017

XML

Balance Sheets (Unaudited) - USD ($)	Aug. 31, 2016	May 31, 2016
Current Assets:
Cash and cash equivalents	$ 21,933
Prepaid expenses
TOTAL ASSETS	21,933	0
Current Liabilities:
Accounts payable and accrued liabilities - Note 5	28,287	15,871
Amount due to a shareholder	8,001	8,001
Notes payable - Note 7	180,000	154,000
Interest payable	37,474	34,225
TOTAL LIABILITIES	253,762	212,097
STOCKHOLDERS' DEFICIT
Common Stock - Note 6 Par Value:$0.0001 Authorized 500,000,000 shares Common Stock Issued 7,000,000	700	700
Additional Paid in Capital	16,300	16,300
Deficit Accumulated during the development stage	(248,829)	(229,097)
TOTAL STOCKHOLDERS' DEFICIT	(231,829)	(212,097)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 21,933	$ 0

XML

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Aug. 31, 2016	May 31, 2016
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	7,000,000	7,000,000

XML

Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Income Statement [Abstract]
Administrative and other operating expenses	$ 16,483	$ 2,809
Formation cost
Operating loss before interest expenses	(16,483)	(2,809)
Interest expenses	(3,249)	(2,702)
Operating loss before income taxes	(19,732)	(5,511)
Income Taxes
Net loss and comprehensive loss	$ (19,732)	$ (5,511)
Loss per share of common stock - Basic and diluted	$ (0.003)	$ (0.001)
Weighted average shares of common stock - Basic and diluted	7,000,000	7,000,000

XML

Statements of Stockholders' Deficit and Comprehensive Income - USD ($)	Common Shares [Member]	Additional Paid-In Capital [Member]	Deficit Accumulated During the Development Stage [Member]	Total
Balance at May. 31, 2014	$ 700	$ 16,300	$ (153,479)	$ (136,479)
Balance, shares at May. 31, 2014	7,000,000
Net loss and comprehensive loss			(33,377)	(33,377)
Balance at May. 31, 2015	$ 700	16,300	(186,856)	(169,856)
Balance, shares at May. 31, 2015	7,000,000
Net loss and comprehensive loss			(42,241)	(42,241)
Balance at May. 31, 2016	$ 700	16,300	(229,097)	(212,097)
Balance, shares at May. 31, 2016	7,000,000
Net loss and comprehensive loss			(19,732)	(19,732)
Balance at Aug. 31, 2016	$ 700	$ 16,300	$ (248,829)	$ (231,829)
Balance, shares at Aug. 31, 2016	7,000,000

XML

Statements of Cash Flows - USD ($)	3 Months Ended
	Aug. 31, 2016	Aug. 31, 2015
Cash Flows from operating activities:
Net loss	$ (19,732)	$ (5,511)
Changes in current assets and liabilities
Prepaid Expenses
Accounts payable and accrued expenses	12,416	(725)
Amount due to a shareholder
Interest payable	3,249	2,702
Net cash used in operating activities	(4,067)	(3,534)
Cash Flows from financing activities:
Proceeds from issuance of common stock
Notes payable	26,000
Net Cash generated from financing activities	26,000
Net increase in cash and cash equivalents	21,933	(3,534)
Cash and cash equivalents at beginning of period		3,922
Cash and cash equivalents at end of period	$ 21,933	$ 388

XML

Organization and Nature of Operations

3 Months Ended

Aug. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization and Nature of Operations

1. Organization and Nature of Operations

Blue Spa Incorporated (“the Company”) was incorporated in the State of Nevada, USA on September 4, 2009. The Company is in its early developmental stage since its formation and has not realized any revenues from its planned operations. The Company was engaged in the development of an internet based retailer of a multi-channel concept combining a wholesale distribution with a retail strategy relating to the quality personal care products, fitness apparel and related accessories. The Company obtained a majority vote from its shareholders to amend the Company’s name from “Blue Spa Incorporated” to “Sustainable Petroleum Group Inc.” to better reflect the new direction it plans to undertake in the oil and gas business. The name change will be effected on or around October 20, 2016 or as soon as practicable, pending regulatory approval.

The Company has chosen a fiscal year end May 31.

XML

Going Concern

3 Months Ended

Aug. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Going Concern

2. Going Concern

These interim financial statements have been prepared in conformity with generally accepted accounting principles in the United States, which contemplate continuation of the Company as a going concern. However, the Company has limited operations and has sustained operating losses resulting in a deficit. In view of these matters, realization of a major portion of the assets in the accompanying balance sheet is dependent upon the continued operations of the Company, which in turn is dependent upon the Company’s ability to meet its financing requirements, and the success of its future operations.

The Company has accumulated a deficit of $248,829 since inception September 4, 2009, has yet to achieve profitable operations and further losses are anticipated in the development of its business. The Company’s ability to continue as a going concern is in substantial doubt and is dependent upon obtaining additional financing and/or achieving a sustainable profitable level of operations. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

The Company believes that the cash on hand will be able to meet its on-going costs in the next 12 months. The Company may seek additional equity as necessary and it expects to raise funds through private or public equity investment in order to support existing operations and expand the range of its business. There is no assurance that such additional funds will be available for the Company on acceptable terms, if at all.

XML

Interim Reporting and Significant Accounting Policies

3 Months Ended

Aug. 31, 2016

Accounting Policies [Abstract]

Interim Reporting and Significant Accounting Policies

3. Interim reporting and significant accounting policies

While the information presented is unaudited, it includes all adjustments, which are, in the opinion of management, necessary to present fairly the financial position, result of operation and cash flows for the interim periods presented in accordance with accounting principles generally accepted in the United States of America. All adjustments are of a normal recurring nature. It is suggested that the interim condensed financial statements be read in conjunction with the Company’s May 31, 2016 annual financial statements. Operating results for the three month period ended August 31, 2016 are not necessarily indicative of the results that can be expected for the year ended May 31, 2017.

There have been no changes in the accounting policies from those disclosed in the notes to the audited financial statements for the year ended May 31, 2016.

XML

Recently issued accounting pronouncements

3 Months Ended

Aug. 31, 2016

Accounting Changes and Error Corrections [Abstract]

Recently Issued Accounting Pronouncements

4. Recently issued accounting pronouncements

The Company adopts new pronouncements relating to generally accepted accounting principles applicable to the Company as they are issued, which may be in advance of their effective date. Management does not believe that any pronouncement not yet effective but recently issued would, if adopted, have a material effect on the accompanying financial statements

XML

Accrued Expenses

3 Months Ended

Aug. 31, 2016

Payables and Accruals [Abstract]

Accrued Expenses

5. Accrued expenses

Accrued expenses as of August 31, 2016 are summarized as follows:

	August 31, 2016		May 31, 2016
Accrued audit fee	$	11,000	$	11,000
Accrued accounting fee		1,575		1,575
Accrued legal fee		15,500		-
Accrued office expenses		212		3,296
Total	$	28,287	$	15,871

XML

Common Stock

3 Months Ended

Aug. 31, 2016

Equity [Abstract]

Common Stock

6. Common stock

During the period ended August 31, 2016, no shares of common stock were sold. There were a total of 7,000,000 common stocks issued and outstanding as of August 31, 2016. There were no warrants or stock options outstanding as of August 31, 2016. 

XML

Notes Payable, Due to Shareholders

3 Months Ended

Aug. 31, 2016

Debt Disclosure [Abstract]

Notes Payable, Due to Shareholders

7. Notes payable, due to Shareholders

There are seven (7) unsecured promissory notes bearing interest at 8% per annum which are due on demand.

Date	Principal		Interest		Total
October 6, 2010	$	3,000	$	1,418	$	4,418
February 22, 2011		1,500		663		2,163
May 17, 2011		7,500		3,178		10,678
September 16, 2011		5,000		1,985		6,985
November 4, 2011		5,000		1,930		6,930
March 15, 2012		10,000		3,573		13,573
December 14,2012		13,000		3,696		16,696
Total	$	45,000	$	16,443	$	61,443

There are two (2) unsecure promissory notes bearing interest at 4% per annum which are due on demand.

Date	Principal		Interest		Total
July 4, 2016	$	1,000	$	6	$	1,006
July 12, 2016		25,000		137		25,137
Total	$	26,000	$	143	$	26,143

There are six (6) unsecured promissory notes bearing interest at 8% per annum which are due on demand, and convertible at a conversion price of US$0.005 per share at the lender’s option. The convertible notes are at the same interest rate as promissory notes that have no conversion feature.

Date	Principal		Interest		Total
April 2, 2013	$	14,000	$	3,826	$	17,826
September 4, 2013		30,000		7,180		37,180
October 15, 2013		15,000		3,455		18,455
January 8, 2014		10,000		2,117		12,117
December 3, 2014		20,000		2,797		22,797
September 22, 2015		20,000		1,512		21,512
Total	$	109,000	$	20,887	$	129,887

XML

Subsequent Events

3 Months Ended

Aug. 31, 2016

Subsequent Events [Abstract]

Subsequent Events

8. Subsequent Events

On September 15, 2016, the Company entered into a notes payable with a shareholder of the Company in the amount of $20,000. The note bears an interest rate of 4% per annum and is due on demand.

Subsequent to August 31, 2016, the Company obtained a majority vote from its shareholders to amend the Company’s name from “Blue Spa Incorporated” to “Sustainable Petroleum Group Inc.” The name change will be effected on or around October 20, 2016 or as soon as practicable, pending regulatory approval.

XML

Accrued Expenses (Tables)

3 Months Ended

Aug. 31, 2016

Payables and Accruals [Abstract]

Schedule of Accrued Expenses

Accrued expenses as of August 31, 2016 are summarized as follows:

	August 31, 2016		May 31, 2016
Accrued audit fee	$	11,000	$	11,000
Accrued accounting fee		1,575		1,575
Accrued legal fee		15,500		-
Accrued office expenses		212		3,296
Total	$	28,287	$	15,871

XML

Notes Payable, Due to Shareholders (Tables)

3 Months Ended

Aug. 31, 2016

Debt Disclosure [Abstract]

Schedule of Notes Payable

There are seven (7) unsecured promissory notes bearing interest at 8% per annum which are due on demand.

Date	Principal		Interest		Total
October 6, 2010	$	3,000	$	1,418	$	4,418
February 22, 2011		1,500		663		2,163
May 17, 2011		7,500		3,178		10,678
September 16, 2011		5,000		1,985		6,985
November 4, 2011		5,000		1,930		6,930
March 15, 2012		10,000		3,573		13,573
December 14,2012		13,000		3,696		16,696
Total	$	45,000	$	16,443	$	61,443

There are two (2) unsecure promissory notes bearing interest at 4% per annum which are due on demand.

Date	Principal		Interest		Total
July 4, 2016	$	1,000	$	6	$	1,006
July 12, 2016		25,000		137		25,137
Total	$	26,000	$	143	$	26,143

There are six (6) unsecured promissory notes bearing interest at 8% per annum which are due on demand, and convertible at a conversion price of US$0.005 per share at the lender’s option. The convertible notes are at the same interest rate as promissory notes that have no conversion feature.

Date	Principal		Interest		Total
April 2, 2013	$	14,000	$	3,826	$	17,826
September 4, 2013		30,000		7,180		37,180
October 15, 2013		15,000		3,455		18,455
January 8, 2014		10,000		2,117		12,117
December 3, 2014		20,000		2,797		22,797
September 22, 2015		20,000		1,512		21,512
Total	$	109,000	$	20,887	$	129,887

XML

Going Concern (Details Narrative) - USD ($)	Aug. 31, 2016	May 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 248,829	$ 229,097

XML

Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($)	Aug. 31, 2016	May 31, 2016
Payables and Accruals [Abstract]
Accrued audit fee	$ 11,000	$ 11,000
Accrued accounting fee	1,575	1,575
Accrued legal fee	15,500
Accrued office expenses	212	3,296
Total	$ 28,287	$ 15,871

XML

Common Stock (Details Narrative) - shares	3 Months Ended
	Aug. 31, 2016	May 31, 2016
Equity [Abstract]
Number of common stock shares sold during period
Common stock, shares issued	7,000,000	7,000,000
Common stock, shares outstanding	7,000,000
Number of warrants outstanding
Number of outstanding stock options

XML

Notes Payable, Due to Shareholders (Details Narrative)	3 Months Ended
	Aug. 31, 2016 Integer $ / shares
Unsecured Promissory Note 1 [Member]
Number of unsecured promissory notes	7
Promissory notes interest rate	8.00%
Unsecured Promissory Note 2 [Member]
Number of unsecured promissory notes	2
Promissory notes interest rate	4.00%
Unsecured Promissory Note 3 [Member]
Number of unsecured promissory notes	6
Promissory notes interest rate	8.00%
Debt instrument, conversion price per share | $ / shares	$ 0.005

XML

Notes Payable, Due to Shareholders - Schedule of Notes Payable (Details)	3 Months Ended
	Aug. 31, 2016 USD ($)
Unsecured Notes One [Member]
Notes payable, Principal	$ 45,000
Notes payable, Interest	16,443
Notes payable, Total	$ 61,443
Unsecured Notes One [Member] | October 6, 2010 [Member]
Date	Oct. 06, 2010
Notes payable, Principal	$ 3,000
Notes payable, Interest	1,418
Notes payable, Total	$ 4,418
Unsecured Notes One [Member] | February 22, 2011 [Member]
Date	Feb. 22, 2011
Notes payable, Principal	$ 1,500
Notes payable, Interest	663
Notes payable, Total	$ 2,163
Unsecured Notes One [Member] | May 17, 2011 [Member]
Date	May 17, 2011
Notes payable, Principal	$ 7,500
Notes payable, Interest	3,178
Notes payable, Total	$ 10,678
Unsecured Notes One [Member] | September 16, 2011 [Member]
Date	Sep. 16, 2011
Notes payable, Principal	$ 5,000
Notes payable, Interest	1,985
Notes payable, Total	$ 6,985
Unsecured Notes One [Member] | November 4, 2011 [Member]
Date	Nov. 04, 2011
Notes payable, Principal	$ 5,000
Notes payable, Interest	1,930
Notes payable, Total	$ 6,930
Unsecured Notes One [Member] | March 15, 2012 [Member]
Date	Mar. 15, 2012
Notes payable, Principal	$ 10,000
Notes payable, Interest	3,573
Notes payable, Total	$ 13,573
Unsecured Notes One [Member] | December 14, 2012 [Member]
Date	Dec. 14, 2012
Notes payable, Principal	$ 13,000
Notes payable, Interest	3,696
Notes payable, Total	16,696
Unsecured Notes Two [Member]
Notes payable, Principal	26,000
Notes payable, Interest	143
Notes payable, Total	$ 26,143
Unsecured Notes Two [Member] | July 4, 2016 [Member]
Date	Jul. 04, 2016
Notes payable, Principal	$ 1,000
Notes payable, Interest	6
Notes payable, Total	$ 1,006
Unsecured Notes Two [Member] | July 12, 2016 [Member]
Date	Jul. 12, 2016
Notes payable, Principal	$ 25,000
Notes payable, Interest	137
Notes payable, Total	25,137
Unsecured Notes Three [Member]
Notes payable, Principal	109,000
Notes payable, Interest	20,887
Notes payable, Total	$ 129,887
Unsecured Notes Three [Member] | April 2, 2013 [Member]
Date	Apr. 02, 2013
Notes payable, Principal	$ 14,000
Notes payable, Interest	3,826
Notes payable, Total	$ 17,826
Unsecured Notes Three [Member] | September 4, 2013 [Member
Date	Sep. 04, 2013
Notes payable, Principal	$ 30,000
Notes payable, Interest	7,180
Notes payable, Total	$ 37,180
Unsecured Notes Three [Member] | October 15, 2013 [Member
Date	Oct. 15, 2013
Notes payable, Principal	$ 15,000
Notes payable, Interest	3,455
Notes payable, Total	$ 18,455
Unsecured Notes Three [Member] | January 8, 2014 [Member]
Date	Jan. 08, 2014
Notes payable, Principal	$ 10,000
Notes payable, Interest	2,117
Notes payable, Total	$ 12,117
Unsecured Notes Three [Member] | December 3, 2014 [Member]
Date	Dec. 03, 2014
Notes payable, Principal	$ 20,000
Notes payable, Interest	2,797
Notes payable, Total	$ 22,797
Unsecured Notes Three [Member] | September 22, 2015 [Member]
Date	Sep. 22, 2015
Notes payable, Principal	$ 20,000
Notes payable, Interest	1,512
Notes payable, Total	$ 21,512

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Subsequent Events (Details Narrative) - Shareholder [Member] - Subsequent Event [Member]	Sep. 15, 2016 USD ($)
Note payable to related party	$ 20,000
Debt interest rate	4.00%