STOCKHOLDERS EQUITY |
12 Months Ended |
|---|---|
May 31, 2025 | |
| STOCKHOLDERS EQUITY | |
| STOCKHOLDERS' EQUITY | NOTE 8 – STOCKHOLDERS’ EQUITY
The Company’s authorized common stock consists of 500,000,000 shares common stock and 100,000,000 shares of Series A Preferred Stock with par value of $0.00001. As of May 31, 2025 and 2024, the issued and outstanding shares of common stock was 37,996,794 and 55,196,794. As of May 31, 2025 and 2024, the issued and outstanding shares of preferred stock was 5,850,400 and 5,350,400, respectively.
During the year ended May 31, 2025, the Company issued 7,800,000 shares of common stock for $78,000 cash.
On March 14, 2024, the Company issued 36,000,000 restricted shares of common stock and 1,000,000 shares of Preferred stock valued at $1,120,000 based on the stock price on the date of the agreement to the Company’s CEO for services. The Company has recorded, $1,120,000 of the value of the issuance was recoded to compensation cost during the year ended May 31, 2025.
On May 7, 2024, the Company agreed to issued 3,000,000 restricted shares of common stock and valued at $1,650,000 based on the stock price on the date of the agreement to an executive of the Company for services. The Company has recorded, $1,586,712 of the value of the issuance was recoded to compensation cost during the year ended May 31, 2025.
On October 22, 2024, the Company agreed to issued 500,000 shares of Series A Preferred Stock for to the CEO of the Company for the return of 25,000,000 shares of common stock. |