Related Party Transactions | NOTE 3 – RELATED PARTY TRANSACTIONS The financial statements include related party transactions, which as of August 31, 2019, included loans from an officer of the Company totaling $23,500. The loans had an original due date of June 30, 2014, but principal and interest maturities have been extended to June 30, 2022. The loans are not collateralized, and bear interest at 8% per annum. Interest expense was $470 for the three months ended August 31, 2019, resulting in accrued interest of $17,927 and $17,457 at August 31, 2019 and May 31, 2019, respectively. During the three months ended August 31, 2019, a stockholder, paid for administrative and professional services totaling $1,500, resulting in amounts payable to the stockholder of $7,600 and $6,100 as of August 31, 2019 and May 31, 2019, respectively. On May 31, 2018 the stockholder converted $98,800 of its accounts payable to a promissory note, which bears interest at 8% per annum and is due on demand. Interest expense was $1,976 for the three months ended August 31, 2019, resulting in accrued interest of $9,502 and $7,526 at August 31, 2019 and May 31, 2019, respectively. |