LOANS PAYABLE |
9 Months Ended | |||||||||||||||||||||||
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May 31, 2026 | ||||||||||||||||||||||||
| Debt Disclosure [Abstract] | ||||||||||||||||||||||||
| LOANS PAYABLE | NOTE 4 – LOANS PAYABLE
The loans payables are generally due on demand and have not been called, are unsecured, and are bearing interest at a range of 0-12%.
The company may have to provide alternative consideration (which may be in cash, fixed number of shares or other financial instruments) up to amounts accrued to satisfy its fixed obligations under certain unsecured loans payable. The consideration hasn’t been issued yet and is included in accrued expenses and interest expense and was valued based on the fair value of the consideration at issuance.
The aggregate schedule maturities of the Company’s loans payable outstanding as of May 31, 2026 are as follows:
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