ORGANIZATION AND OPERATIONS |
3 Months Ended |
|---|---|
May 31, 2026 | |
| ORGANIZATION AND OPERATIONS | |
| ORGANIZATION AND OPERATIONS | NOTE 1 – ORGANIZATION AND OPERATIONS
Jubilant Flame International, Ltd. (the “Company”) was formed on September 29, 2009 under the name Liberty Vision, Inc. The Company provided web development and marketing services for clients. On August 18, 2015, the Company changed its name to Jubilant Flame International, Ltd.
From the fourth quarter of the fiscal year ended February 28, 2018, the Company started to market and sell cosmetics products imported from Asia -Acropass Series products – in the United States market. The Company purchased inventory from a related party company in China. The Company contracted with a third party to operate online shopping platform and marketing campaign in the United States until January 2020 when it ceased this business.
From the third quarter of the year ended February 29, 2020, the Company began its new business line of providing technical support services for the development of new nutrition food products to sell to customers in the USA. However, this new business line remained pre-revenue throughout May 31, 2026, and revenue recognition was Nil for the quarter ended at May 31, 2026. |