EQUITY TRANSACTIONS |
12 Months Ended |
|---|---|
May 31, 2026 | |
| Equity [Abstract] | |
| EQUITY TRANSACTIONS | NOTE 9 – EQUITY TRANSACTIONS
Effective June 5, 2025, the Company effectuated a 1 share for 1,000 shares reverse stock split which reduced the issued and outstanding shares of common stock from shares to shares. The accompanying financial statements have been retroactively adjusted to reflect this reverse stock split.
On September 27, 2024, we entered into a Standby Equity Financing Agreement (SECA) with Mac Rab, LLC. Pursuant to the SECA said shareholder has committed to purchase up to $1.25 million of our common stock. The per share purchase price for the shares that we may sell under the SECA will fluctuate based on the price of our common stock and will be equal to 80% of the average of the two (2) lowest volume weighted average prices of the Company’s Common Stock on OTC Pink during the five (5) Trading Days immediately following the Clearing Date. Depending on market liquidity at the time, sales of such shares may cause the trading price of our common stock to fall.
During the year ended May 31, 2025, the Company issued an aggregate of shares (as adjusted for the June 5, 2025 reverse stock split) of common stock pursuant to the Standby Equity Agreement for net proceeds of $8,598.
During the year ended May 31, 2025, the Company issued an aggregate of shares (as adjusted for the June 5, 2025 reverse stock split) of common stock for the conversion of notes payable and accrued interest in the aggregate amount of $66,068.
During the year ended May 31, 2026, the Company issued a net shares ( issued less cancelled) of common stock pursuant to the Standby Equity Agreement.
During the year ended May 31, 2026, the Company issued an aggregate of shares of common stock for the conversion of notes payable and accrued interest in the aggregate amount of $246,427.
During the year ended May 31, 2026, the Company issued shares of common stock as part of the purchase agreement with GetGolf LLC.
During the year ended May 31, 2026, the Company issued an aggregate of shares of common stock for the cashless exercise of warrants.
During the year ended May 31, 2026, the Company received $ for the subscription of common stock. The stock had not been issued as of May 31, 2026, therefore the Company recorded Common stock payable of $100,000 in the Stockholders’ Equity section of the Balance Sheet.
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