Basis of Presentation and Significant Accounting Policies (Details Narrative) - USD ($) |
1 Months Ended | 12 Months Ended | ||
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Feb. 21, 2022 |
May 31, 2024 |
May 31, 2023 |
Jan. 31, 2024 |
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Common stock shares converted, exchange ratio | 20,000-for-1 | |||
Common stock, shares authorized | 20,000,000 | 200,000,000 | 200,000,000 | |
Operating losses | $ 4,937,342 | |||
Carrying value of Investment | 2,564,203 | |||
Accumulated value of shares to be issued | 1,500,000 | |||
Recognized loss on investment | $ 1,064,203 | |||
Exercise price | $ 0.50 | $ 0.75 | ||
Cocoluv, Inc. [Member] | ||||
Cash and cash equivalents | $ 134 | |||
Related party due | $ 99,902 | |||
Maximum [Member] | ||||
Ownership percentage | 50.00% | |||
Stock price | $ 2.00 | |||
Maximum [Member] | Warrant [Member] | ||||
Stock price | $ 0.25 | |||
Exercise price | $ 0.75 | |||
Risk-free interest rate | 4.74% | |||
Volatility rate | 1279.30% | |||
Minimum [Member] | ||||
Ownership percentage | 20.00% | |||
Stock price | $ 0.90 | |||
Minimum [Member] | Warrant [Member] | ||||
Risk-free interest rate | 4.33% | |||
Volatility rate | 1294.90% |
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- Definition Cash includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid Investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Short-term investments, exclusive of cash equivalents, generally consist of marketable securities intended to be sold within one year (or the normal operating cycle if longer) and may include trading securities, available-for-sale securities, or held-to-maturity securities (if maturing within one year), as applicable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The difference between the carrying value and the sale price of an investment. A loss would be recognized when the sale price of the investment is less than the carrying value of the investment. This element refers to the Loss included in earnings and not to the cash proceeds of the sale. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. No definition available.
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per share decrease in exercise price of warrant. Excludes change due to standard antidilution provision. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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