Related Party Transactions | NOTE 5 RELATED PARTY TRANSACTIONS The financial statements include related party transactions, which as of November 30, 2016, were loans from an officer of the Company totaling $23,500 for operating activities. No further loans have been advanced during the period ending November 30, 2016. The loans are due on June 30, 2018, are not collateralized, and bear interest at 8% per annum. These loans accrued interest of $12,757, and $11,817, as of November 30, 2016, and May 31, 2016, respectively. For the three months ended November 30, 2016, a related party consulting firm invoiced the Company $1,600 for consulting, administrative, and professional services and out-of-pocket costs provided to or paid on behalf of the Company. The total amount owed to this related party for consulting, administrative, and professional services recorded in accounts payable related party is $89,300, and $86,100, as of November 30, 2016, and May 31, 2016 respectively. |