RELATED PARTY TRANSACTIONS |
12 Months Ended |
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Sep. 30, 2022 | |
| Related Party Transactions [Abstract] | |
| RELATED PARTY TRANSACTIONS | Note 7 – RELATED PARTY TRANSACTIONS
The sole officer and director, Danilo Vukadinovic, is the only related party with whom the Company had transactions with during the period from inception on August 16, 2021 through September 30, 2022. During the year ended September 30, 2022, Mr. Vukadinovic paid $14,312 for operating expenses on behalf of the Company and as of September 30, 2022 and September 30, 2021 the Company owed Mr. Vukadinovic $14,312 and $100, respectively for these advances. The amounts due to the related party are unsecured and non-interest bearing with no set terms of repayment.
Mr. Vukadinovic currently devotes approximately thirty hours per week to manage our affairs. Under a Consulting Agreement, our officer and director is entitled to $600 per month in cash compensation but this amount is being deferred until the Company is in a position to start payments. In addition, Mr. Vukadinovic is reimbursed for any out-of-pocket expenses that he incurs on our behalf. During the year ended September 30, 2022, Mr. Vukadinovic earned $7,200 of compensation and as of September 30, 2021 the Company owed Mr. Vukadinovic $600 for accrued wages.
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