GOING CONCERN |
6 Months Ended |
|---|---|
Aug. 31, 2026 | |
| GOING CONCERN | |
| GOING CONCERN | NOTE 3 – GOING CONCERN
The financial statements have been prepared on a going-concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. As of August 31, 2026, the Company had current assets of $5,665, and current liabilities total $1,470,765 resulting in a working capital deficit of $1,465,100. The Company currently only has small scale operation activities and has an accumulated deficit of $3,954,131 as of August 31, 2026. This raises substantial doubt about the Company’s ability to continue as a going concern.
The Company may obtain loans from related parties, raise additional capital through the sale of its equity securities, through an offering of debt securities, or through borrowings from financial institutions. Additionally, management intends to negotiate extended credit periods with creditors.
Management believes that actions presently being taken to obtain additional funding provide the opportunity for the Company to continue as a going concern. There is no guarantee the Company will be successful in achieving these objectives.
The financial statements do not include any adjustments that might result from the outcome of this uncertainty. |