| Basis of Presentation, Going Concern and Summary of Significant Accounting Policies | Note 2 – Basis of Presentation and
Summary of Significant Accounting Policies Basis of Presentation The unaudited financial statements for the
six months ended November 30, 2020 and 2019 have been prepared by us pursuant to the rules and regulations of the Securities and
Exchange Commission. In the opinion of the management, all adjustments necessary to present fairly our financial position, results
of operations, and cash flows as of November 30, 2020 and 2019, and for the periods then ended, have been made. Those adjustments
consist of normal and recurring adjustments. Certain information and note disclosures normally included in our annual financial
statements prepared in accordance with generally accepted accounting principles have been omitted. The unaudited financial statements
should be read in conjunction with the financial statements and notes thereto included in the Company’s annual report on
Form 10-K for the year ended May 31, 2020. The results of operations for the six months ended November 30, 2020 are not necessarily
indicative of the results to be expected for the full year. Risk and Uncertainty Concerning COVID-19
Pandemic In March 2020, the World Health
Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic which continues to spread throughout the
United States and the World. We are currently monitoring the outbreak of COVID-19 and the related business and travel
restrictions and changes to behavior intended to reduce its spread. All of our Chinese facilities were temporarily closed for
a period of time. Most of these facilities have been reopened since July 2020. Depending on the progression of the outbreak,
our ability to obtain necessary supplies and ship finished products to customers may be partly or completely disrupted
globally. Also, our ability to maintain appropriate labor levels could be disrupted. If the coronavirus continues to
progress, it could have a material negative impact on our results of operations and cash flow, in addition to the impact on
its employees. We have concluded that while it is reasonably possible that the virus could have a negative impact on the
results of operations, the specific impact is not readily determinable as of the date of these financial statements. The
accompanying unaudited financial statements do not include any adjustments that might result from the outcome of this
uncertainty. Management is focused on growing the Company’s existing products offering, as well as its customer base,
to increase its revenues. The Company cannot give assurance that it can increase its cash balances or limit its cash
consumption and thus maintain sufficient cash balances for its planned operations or future acquisitions. Future business
demands may lead to cash utilization at levels greater than recently experienced. The Company may need to raise additional
capital in the future. However, the Company cannot assure that it will be able to raise additional capital on acceptable
terms, or at all. Subject to the foregoing, management believes that the Company has sufficient capital and liquidity to fund
its operations for at least one year from the date of issuance of the unaudited accompanying financial statements. Going Concern As reflected in the accompanying financial
statements, the Company has a net loss of $16,166 for the six months ended November 30, 2020. Additionally, the Company
has an accumulated deficit of $4,827,075 at November 30, 2020. These factors raise substantial doubt about the Company’s
ability to continue as a going concern for a period of 12 months from the issuance date of this report. The ability of the Company
to continue as a going concern is dependent on the Company’s ability to continue its business plan, raise capital, and generate
sufficient revenue; however, the Company’s cash position may not be sufficient to support its daily operations. While the
Company believes in the viability of its strategy to further implement its business plan and generate sufficient revenue and in
its ability to raise additional funds, there can be no assurances to that effect. The financial statements do not include any
adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities
that might be necessary should the Company be unable to continue as a going concern. Use of estimates The preparation of the financial statements
in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that
affect the reported amounts of assets, liabilities, revenues, expenses, and the related disclosures at the date of the financial
statements and during the reporting period. Actual results could materially differ from these estimates. Significant estimates
made by management include, but are not limited to, the allowance for doubtful accounts, inventory valuations, the useful
life of property and equipment, the valuation of intangible assets, the valuation of deferred tax assets, the value of stock-based
compensation, and the fair value of non-cash common stock issuances. Cash and cash equivalents The Company considers all highly liquid debt
instruments and other short-term investments with maturities of three months or less, when purchased, to be cash equivalents. The
Company maintains cash and cash equivalent balances at one financial institution that is insured by the Federal Deposit Insurance
Corporation. Accounts receivable and allowance for
doubtful accounts The Company has a policy of providing on allowance
for doubtful accounts based on its best estimate of the amount of probable credit losses in its existing accounts receivable. The
Company periodically reviews its accounts receivable to determine whether an allowance is necessary based on an analysis of past
due accounts and other factors that may indicate that the realization of an account may be in doubt. Account balances
deemed to be uncollectible are charged to bad debt expense and included in the allowance after all means of collection have been
exhausted and the potential for recovery is considered remote. Prepaid expenses and other current assets Prepaid expenses and other current assets of
$13,548 and $13,708 at November 30, 2020 and May 31, 2020, respectively, consist primarily of costs paid for future services which
will occur within a year and cash prepayment to vendors. Inventory The Company values inventory, consisting of
finished goods and raw materials, at the lower of cost and net realizable value. Cost is determined using an average cost method.
The Company reduces inventory for the diminution of value, resulting from product obsolescence, damage or other issues affecting
marketability, equal to the difference between the cost of the inventory and its net realizable value. The Company evaluates its
current level of inventory considering historical sales and other factors and, based on this evaluation, classifies inventory markdowns
in the statement of operations as a component of cost of goods sold. These markdowns are estimates, which could vary significantly
from actual requirements if future economic conditions, customer demand or competition differ from expectations. Property and Equipment Property and equipment are carried at cost
less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives
of the assets. The cost of repairs and maintenance is expensed as incurred; major replacements and improvements are capitalized. When
assets are retired or disposed of, the cost and accumulated depreciation are removed, and any resulting gains or losses are included
in the statement of operations. Revenue recognition Effective June 1, 2018, the Company adopted
Accounting Standards Codification (“ASC”) 606, Revenue From Contracts With Customers, which is effective for public
business entities with annual reporting periods beginning after December 15, 2017. This new revenue recognition standard
(new guidance) has a five-step process: a) Determine whether a contract exists; b) Identify the performance obligations; c) Determine
the transaction price; d) Allocate the transaction price; and e) Recognize revenue when (or as) performance obligations are satisfied.
The impact of the Company’s initial application of ASC 606 did not have a material impact on its financial statements and
disclosures and there was no cumulative effect of the adoption of ASC 606. The Company sells a variety of hair and skin
care products. The Company recognizes revenue for the agreed upon sales price when a purchase order is received from the customer
and subsequently the product is shipped to the customer, which satisfies the performance obligation. Consideration paid to the
customer to promote and sell the Company’s products is typically recorded as a reduction in revenues. See Note 12 for revenue
disaggregation disclosures. Cost of Sales The primary components of cost of sales include
the cost of the product and freight-in. Shipping and Handling Costs The Company accounts for shipping and handling
fees in accordance with ASC 606. While amounts charged to customers for shipping products are included in revenues, the related
costs of shipping products to customers are classified in marketing and selling expenses as incurred. Shipping costs included in
marketing and selling expense were $53,816 and $20,606 for the six months ended November 30, 2020 and 2019, respectively. Shipping
costs included in marketing and selling expense were $41,195 and $10,314 for the three months ended November 30, 2020 and 2019,
respectively. Marketing, selling and advertising Marketing, selling and advertising costs are
expensed as incurred. Customer Deposits Customer deposits consisted of prepayments
from customers to the Company. The Company will recognize the prepayments as revenue upon delivery of products in compliance with
its revenue recognition policy. Fair value measurements and fair value of financial instruments The Company adopted Accounting Standards Codification
(“ASC”) 820, “Fair Value Measurements and Disclosures” (“ASC 820”), for assets and liabilities
measured at fair value on a recurring basis. ASC 820 establishes a common definition for fair value to be applied to existing
generally accepted accounting principles that requires the use of fair value measurements, establishes a framework for measuring
fair value and expands disclosure about such fair value measurements. The adoption of ASC 820 did not have an impact on the
Company’s financial position or operating results, but did expand certain disclosures. ASC 820 defines fair value as
the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants
at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable
inputs and minimize the use of unobservable inputs. These inputs are prioritized below:
Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities
Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data
Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. The Company analyzes all financial instruments
with features of both liabilities and equity under the Financial Accounting Standard Board’s (“FASB”) accounting
standard for such instruments. Under this standard, financial assets and liabilities are classified in their entirety based on
the lowest level of input that is significant to the fair value measurement. The estimated fair value of certain financial
instruments, including prepaid expenses, deposits, accounts payable and accrued expenses are carried at historical cost basis,
which approximates their fair values because of the short-term nature of these instruments. Income Taxes The Company accounts for income taxes pursuant
to the provision of ASC 740-10, “Accounting for Income Taxes” (“ASC 740-10”), which requires, among other
things, an asset and liability approach to calculating deferred income taxes. The asset and liability approach requires the recognition
of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts
and the tax bases of assets and liabilities. A valuation allowance is provided to offset any net deferred tax assets for which
management believes it is more likely than not that the net deferred asset will not be realized. The Company follows the provision of ASC 740-10
related to Accounting for Uncertain Income Tax Positions. When tax returns are filed, there may be uncertainty about the merits
of positions taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10,
the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence,
management believes it is more likely than not that the position will be sustained upon examination, including the resolution of
appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more likely than
not recognition threshold are measured at the largest amount of tax benefit that is more than 50 percent likely of being realized
upon settlement with the applicable taxing authority. The portion of the benefit associated with tax positions taken that exceed
the amount measured as described above should be reflected as a liability for uncertain tax benefits in the accompanying balance
sheet along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company
believes its tax positions are all more likely than not to be upheld upon examination. As such, the Company has not recorded a
liability for uncertain tax benefits. The Company has adopted ASC 740-10-25, “Definition
of Settlement”, which provides guidance on how an entity should determine whether a tax position is effectively settled
for the purpose of recognizing previously unrecognized tax benefits and provides that a tax position can be effectively settled
upon the completion and examination by a taxing authority without being legally extinguished. For tax positions considered effectively
settled, an entity would recognize the full amount of tax benefit, even if the tax position is not considered more likely than
not to be sustained based solely on the basis of its technical merits and the statute of limitations remains open. The
federal and state income tax returns of the Company are subject to examination by the IRS and state taxing authorities, generally
for three years after they are filed. Impairment of long-lived assets The Company reviews long-lived assets for impairment
whenever events or changes in circumstances indicate that the carrying amount of the assets may not be fully recoverable, or at
least annually. The Company recognizes an impairment loss when the sum of expected undiscounted future cash flows is less than
the carrying amount of the asset. The amount of impairment is measured as the difference between the asset’s estimated fair
value and its book value. The Company recorded impairment losses of $474 as an operating expense in the accompanying financial
statements, for the six months ended November 30, 2019. Stock-based compensation Stock-based compensation is accounted for based
on the requirements of the Share-Based Payment Topic of ASC 718, “Compensation — Stock Compensation” (“ASC
718”), which requires recognition in the financial statements of the cost of employee and director services received in exchange
for an award of equity instruments over the period the employee or director is required to perform the services in exchange for
the award (presumptively, the vesting period). ASC 718 also requires measurement of the cost of employee and director services
received in exchange for an award based on the grant-date fair value of the award. In June 2018, the FASB issued Accounting Standards
Update (“ASU”) - ASU No. 2018-07, Improvements to Nonemployee Share-Based Payment Accounting, which simplifies
several aspects of the accounting for nonemployee share-based payment transactions by expanding the scope of the stock-based compensation
guidance in ASC 718 to include share-based payment transactions for acquiring goods and services from non-employees. ASU No. 2018-07
is effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods. Early
adoption is permitted, but entities may not adopt prior to adopting the new revenue recognition guidance in ASC 606. The Company
adopted ASU No. 2018-07 on June 1, 2019 and there was no cumulative effect of adoption. Lease Accounting In February 2016, the FASB issued ASU No. 2016-02, Leases Net loss per share of common stock Basic net loss per share is computed by dividing
the net loss by the weighted average number of common shares during the period. Diluted net loss per share is computed using the
weighted average number of common shares and potentially dilutive securities outstanding during the period. At November 30, 2020
and 2019, the Company had no potentially dilutive securities outstanding. Recently Issued Accounting Pronouncements In November 2019, the FASB issued ASU No. 2019-08, Compensation
– Stock Compensation (Topic 718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements –
Share-based Consideration Payable to a Customer (“ASU 2019-08”). ASU 2019-08 requires that an entity apply the
guidance in ASC 718 to measure and classify share-based payment awards granted to a customer. Under ASC 718, among other things,
share-based awards to non-employees must generally be measured at the grant-date fair value of the equity instrument. For entities
that have adopted the provisions of ASU 2018-07, Compensation – Stock Compensation (Topic 718) – Improvements
to Nonemployee Share-based Payment Accounting, this amendment is effective for fiscal years, and interim periods within those fiscal
years, beginning after December 15, 2019. As discussed above, the Company has adopted the provisions of ASU 2018-07 on June 1,
2019 and adopted ASU 2019-08 on June 1, 2020 and it did not have a material impact on the Company’s financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income
Taxes (Topic 740) – Simplifying the Accounting for Income Taxes (“ASU 2019-12”). ASU 2019-12, among other
things, (a) eliminates the exception to the incremental approach for intra-period tax allocation when there is a loss from continuing
operations and income (or a gain) from other items, (b) eliminates the exception to the general methodology for calculating income
taxes in an interim period when the year-to-date loss exceeds the anticipated loss for the year, (c) requires than an entity recognize
a franchise tax (or a similar tax) that is partially based on income as an income-based tax and account for any incremental amount
incurred as a non-income-based tax, and (d) requires than an entity reflect the effect of an enacted change in tax laws or rates
in the annual effective tax rate computation for the interim period that includes the enactment date. For public companies, these
amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. Early
adoption is permitted but must involve the adoption of all amendments contained in ASU 2019-12 concurrently. The Company has not
adopted ASU 2019-12 and is evaluating the potential impact of adoption on its financial statements. Other accounting standards that have been issued
or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial
statements upon adoption. The Company does not discuss recent pronouncements that are not anticipated to have an impact on or are
unrelated to its financial condition, results of operations, cash flows or disclosures |
