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SUBSEQUENT EVENTS
3 Months Ended
Jan. 31, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 6 – SUBSEQUENT EVENTS

 

In accordance with FASB ASC 855-10, Subsequent Events, the Company has analyzed its operations subsequent to January 31, 2023, to the date these consolidated financial statements were issued, and has determined that it does not have any material subsequent events to disclose in these consolidated financial statements as follows:

 

On March 1, 2023, the “Company”, entered into a buying agency and sourcing services agreement (the “Agreement”) with Inter Mutagim Shivuk Vehafatsa Ltd., an Israeli company (“IMSV”). Pursuant to the Agreement, the Company engaged IMSV to source and buy certain non-U.S. produced suitcases with various technology capabilities throughout the People’s Republic of China, which the Company shall then sell to RoomWagon, LLC, for $925,000, pursuant to a purchased order received on January 26, 2023.

 

Prior to the Agreement and the related purchase order from RoomWagon, LLC, the Company “shell company” (as such term is defined in Rule 12b-2 under the Exchange Act). Following the entry into the Agreement the Company is no longer a shell company since the date of the Agreement, because the Company is undertaking more than nominal operations.