v3.26.3
DISCONTINUED OPERATIONS
 3 Months Ended
Aug. 31, 2026
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS

NOTE 13 – DISCONTINUED OPERATIONS

 

On November 15, 2025, B&B Oil acquired 100% of the membership interest of Hell Creek Crude, LLC, or HCC, from Laredo for consideration of 50% of future distributions to B&B Oil. The transaction is recorded in discontinued operations, the net liabilities totaling $272,892 have been eliminated and recorded in additional paid in capital.

 

 

There are no assets and liabilities associated with discontinued operations as of August 31, 2026, and May 31, 2026.

 

The following table summarizes the Company’s loss from discontinued operations for the three months ended August 31, 2025:

 

Schedule of Discontinued Operations

   Three Months Ended
August 31, 2025		 
Revenue  $- 
      
Direct costs   - 
      
Gross profit (loss)   - 
      
Lease operating expense   5,196 
General, selling and administrative expenses   4,740 
Consulting and professional services   4,000 
Total Operating Expense from Discontinued Operations   13,936 
      
Operating loss from discontinued operations   (13,936)
      
Other income/(expense)     
Interest income/(expense)   (157)
      
Net loss from discontinued operations  $(14,093)