XML 26 R16.htm IDEA: XBRL DOCUMENT v3.24.3
Note Payable
3 Months Ended
May 31, 2024
Debt Disclosure [Abstract]  
Note Payable

NOTE 6 – Note Payable

 

On May 24, 2024, the Company issued an unsecured promissory note for $100,000 to an investor upon receipt of proceeds. The note bears an annual interest rate of 7.5% and will mature and be due and payable on the earlier date of the completion of a public financing or October 31, 2024, unless extended by the written consent of the investor. The note can be prepaid at any time by the Company without penalty.