v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
May 31, 2025
May 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 12,952 $ 755
Accounts receivable 6,380 20,139
Related party receivables 9,155 0
Other current assets 598 598
TOTAL CURRENT ASSETS 29,085 21,492
Right-of-use asset 2,795 35,670
TOTAL ASSETS 31,880 57,162
CURRENT LIABILITIES    
Accounts payable and accrued expenses 100,343 165,858
Bank overdraft 0 2,408
Credit cards 30,327 30,230
Accrued interest 22,095 0
Related party payables 623,474 518,287
Short-term loans (net of amortization of loan fees) 111,722 136,194
SBA loans 14,592 7,054
Derivative liabilities 29,322 0
Lease liabilities 4,906 21,877
Convertible note 9,182 0
TOTAL CURRENT LIABILITIES 945,963 881,909
LONG-TERM LIABILITIES    
Notes payable 0 0
SBA loan 249,500 249,361
Lease liabilities 0 4,906
TOTAL LONG-TERM LIABILITIES 249,500 254,267
TOTAL LIABILITIES 1,195,463 1,136,175
STOCKHOLDERS' DEFICIENCY    
Preferred stock: 10,000,000 shares, without par value, authorized, of which 2,500,000 shares have been designated Series A Convertible Preferred Stock and 2,000 shares have been designated Series B Preferred Stock (2,000 and 1,000 shares outstanding at May 31, 2025, and May 31, 2024, respectively) 0 0
Common Stock, without par value: 20,000,000,000 shares authorized 11,626,749,347 and 10,431,749,347 shares issued and outstanding at May 31, 2025, and May 31, 2024, respectively 0 0
Additional paid-in capital 4,719,318 4,255,068
Accumulated deficit (5,882,901) (5,334,081)
TOTAL STOCKHOLDERS' DEFICIENCY (1,163,583) (1,079,013)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY $ 31,880 $ 57,162