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RELATED PARTY TRANSACTIONS
6 Months Ended
Aug. 31, 2022
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS

 

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by officers, directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

 

Since February 24, 2021 (Inception) through August 31, 2022, the Company’s sole officer and director loaned the Company $11,229 to pay for incorporation costs and general and administrative expenses. As of August 31, 2022, the amount outstanding was $11,229. The loan is non-interest bearing, due upon demand and unsecured.