NOTE 4 - RELATED PARTY TRANSACTIONS

During the six months ended February 29, 2020, the president and officer of the Company incurred $732 of expenses on behalf of the Company. The amount owed to the related party as of February 29, 2020 and August 31, 2019 is $4,464 and $3,732, respectively. The amounts are non-interest bearing and have no terms of repayment.

During the six months ended February 29, 2020, the Senior Vice President, European Operations, who is a major shareholder, paid for expenses on behalf of the Company for a total of $5,688. The amount of $3,040 was repaid during the six months ended February 29, 2020. The amount owed to the related party as of February 29, 2020 and August 31, 2019 is $2,646 and $0, respectively. The amounts are non-interest bearing and have no terms of repayment.

During the six months ended February 29, 2020, a company owned by the Senior Vice President, European Operations, who is a major shareholder, provided consulting services worth $34,000. As of February 29, 2020, there is $5,000 outstanding.