RELATED PARTY TRANSACTIONS |
3 Months Ended |
|---|---|
Nov. 30, 2016 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS |
NOTE 4 - RELATED PARTY TRANSACTIONS
During the three months ended November 30, 2016, the Company borrowed an additional $12,406 from the previous majority shareholder; the amount borrowed was non-interest bearing and due on-demand loan. On November 18, 2016, the loan with the previous majority shareholder was forgiven for the total loan amount of $16,856.
On November 18, 2016, the previous majority shareholder transferred all of the 6,000,000 shares that they held to an unrelated party in a private transaction.
The Company does not own or lease property or lease office space.
The Company does not have employment contracts with its key employees, including the controlling shareholder who is an officer of the Company.
The amounts and terms of the above transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.
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