v3.22.2.2
RELATED PARTY LOANS
9 Months Ended
Jul. 31, 2022
Related Party Transactions [Abstract]  
RELATED PARTY LOANS

NOTE 4 – RELATED PARTY LOANS

 

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. 

 

As of July 31, 2022, the Company had a loan outstanding with Mr. Sergey Gandin in the amount of $27,248 compared to $20,650 as of October 31, 2021. The loan is non-interest bearing, due upon demand, and unsecured.