STOCKHOLDERS' EQUITY (DEFICIT) DISCLOSURE |
9 Months Ended |
|---|---|
May 31, 2026 | |
| Notes | |
| STOCKHOLDERS' EQUITY (DEFICIT) DISCLOSURE | NOTE 5 - STOCKHOLDERS’ DEFICIT
Common Stock The Company is authorized to issue an aggregate of 500,000,000 common shares with a par value of $0.001 per share.
As of August 31, 2021, the Company had a total of 110,022,572 shares of its common stock issued and outstanding.
On September 4, 2021, the Company converted debt to Zhang Yu in the amount of $75,000 into 15,000,000 common shares at the conversion price of $0.005.
On September 4, 2021, the Company converted debt to Zhang Yu in the amount of $24,537 into 4,907,400 common shares at the conversion price of $0.005.
On June 17, 2022, the Board of Directors of the Company has authorized the issuance of 5,000,000 preferred stock in exchange for 5,000,000 restricted common stock.
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 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 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 January 5, 2023, the Company converted salary debt to Khamijon Alimzhanov in the amount of $60,000 for the period from January 1, 2022, to December 31, 2022, into 13,333,333 common restricted shares at the conversion price of $0.0045.
On May 1, 2023, the Company converted debt to ITEQ Logic Ltd. in the amount of $52,500 into 15,000,000 common shares at the conversion price of $0.0035.
On May 1, 2023, the Company converted debt to Marketbiz Limited in the amount of $56,000 into 16,000,000 common shares at the conversion price of $0.0035.
On December 22, 2024, the Company converted debt to ITEQ Logic Ltd. in the amount of $29,095 into 2,909,500 common shares at the conversion price of $0.01.
On January 29, 2026, the Financial Industry Regulatory Authority (the “FINRA”) announced on its Daily List that the Company effected the Reverse Stock Split. On January 30, 2026, the Company completed a one-for-one hundred Reverse Stock Split. As a result of the Reverse Stock Split, each one hundred (100) shares of the Company`s issued and outstanding common stock were automatically combined and reclassified into one (1) share of common stock. No fractional shares were issued in connection with the Reverse Stock Split. The Reverse Stock Split was effected automatically, and no action is required by shareholders with respect to the exchange of shares.
On May 1, 2026, the Company converted salary debt to Nataliia Petranetska in the amount of $85,000 for the period from January 1, 2022, to May 31, 2023, into 1,700,000 common restricted shares at the conversion price of $0.05.
As of May 31, 2026, the Company had a total of 3,935,477 shares of its common stock issued and outstanding.
Preferred Stock The Company is authorized to issue an aggregate of 30,000,000 preferred shares with a par value of $0.001 per share.
On June 15, 2022, the Board of Directors of Sky Century Investment has authorized the issuance of 5,000,000 preferred stock with 15 votes each to Yan Tie Ying in exchange for 5,000,000 restricted common stock.
As of May 31, 2026, the Company had a total of 5,000,000 shares of its preferred stock issued and outstanding.
Stock Options As of May 31, 2026, the Company has not granted any stock options and has not recorded any stock-based compensation. |