Related Party Transactions Disclosure |
9 Months Ended |
|---|---|
May 31, 2025 | |
| Notes | |
| Related Party Transactions Disclosure | NOTE 6 - RELATED PARTY TRANSACTIONS
As of May 31, 2025 and August 31, 2024, the amount due to a related party was $121,105 and $104,063, respectively. This amount represented advances made by a director, Nataliia Petranetska, to the Company for its working capital purposes. These advances were unsecured, interest free and with no fixed terms of repayment.
As of May 31, 2025 and August 31, 2024, the payroll liabilities to director were $205,000 and $160,000, respectively.
On July 1, 2022, the Company converted salary debt to Nataliia Petranetska in the amount of $65,000 for the period from December 1, 2020, to December 31, 2021, into 15,116,279 common restricted shares at the conversion price of $0.0043.
On December 12, 2022, the Company converted salary debt to Khamijon Alimzhanov in the amount of $65,000 for the period from December 1, 2020, to December 31, 2021, into 15,116,279 common restricted shares at the conversion price of $0.0043.
On November 1, 2022, the Company converted notes payable to Khamijon Alimzhanov in the amount of $74,000 into 21,142,857 common restricted shares at the conversion price of $0.0035.
On January 5, 2023, the Company authorized to issue 13,333,333 shares of Common stock for the cancelation of $60,000 Company debt to Khamijon Alimzhanov. $60,000 was converted to equity in January 2023.
On February 7, 2024, Khamijon Alimzhanov transferred 20,000,000 of common shares to a non-related party.
On July 12, 2024, Khamijon Alimzhanov transferred 10,500,000 of common shares to a non-related party. |