Related Party Transactions |
9 Months Ended |
|---|---|
Apr. 30, 2015 | |
| Related Party Transactions [Abstract] | |
| Related Party Transactions |
Note 5. Related Party Transactions
Since inception through March 25, 2015, the Director loaned $2,106 to the Company to pay for incorporation expenses. This loan was non-interest bearing, due upon demand and unsecured. In March 2015, the debt from the Director was forgiven and the Company recorded $2,106 as a capital contribution. Also during the nine months ended April 30, 2015, the Director was paid a management fee of $5,166.
During the three months ended April 30, 2015, a shareholder loaned the Company $13,934 to pay for incorporation and filing expenses. The loan is non-interest bearing, due upon demand and unsecured.
As of April 30, 2015 and July 31, 2014, the balance due to shareholders was $13,934 and $306, respectively. |