Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Aug. 31, 2020 | May 11, 2021 | |
Document Information Line Items | ||
Entity Registrant Name | Sipup Corp | |
Document Type | 10-Q | |
Current Fiscal Year End Date | --11-30 | |
Entity Common Stock, Shares Outstanding | 24,044,000 | |
Amendment Flag | false | |
Entity Central Index Key | 0001563227 | |
Entity Current Reporting Status | No | |
Entity Filer Category | Non-accelerated Filer | |
Document Period End Date | Aug. 31, 2020 | |
Document Fiscal Year Focus | 2020 | |
Document Fiscal Period Focus | Q3 | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | true | |
Entity File Number | 333-185408 | |
Entity Incorporation, State or Country Code | NV | |
Entity Interactive Data Current | No |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets - USD ($) | Aug. 31, 2020 | Nov. 30, 2019 |
Current assets: | ||
Prepaid Expenses and Other Assets | $ 28,800 | $ 93,600 |
Total Current Assets | 28,800 | 93,600 |
Total assets | 28,800 | 93,600 |
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIENCY) | ||
Current Liabilities and Accrued Expenses | 125,752 | 113,352 |
Loan from stockholder | 169,377 | 161,515 |
Total liabilities | 295,129 | 274,867 |
Stockholders’ equity: | ||
Common stock, $0.001 par value; 75,000,000 shares authorized; 24,044,000 shares issued and outstanding on August 31, 2020 and 18,000,000 shares issued and outstanding on November 30, 2019 respectively | 24,044 | 24,044 |
Additional paid-in capital | 64,631 | 64,631 |
Shareholder debt due to issuance of shares | (55,647) | (55,647) |
Accumulated deficit | (299,357) | (214,295) |
Total stockholders’ equity | (266,329) | (181,267) |
Total liabilities and stockholders’ equity | $ 28,800 | $ 93,600 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares | Aug. 31, 2020 | Nov. 30, 2019 |
Statement of Financial Position [Abstract] | ||
Common stock, par value (in Dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 75,000,000 | 75,000,000 |
Common stock, shares issued | 24,044,000 | 18,000,000 |
Common stock, shares outstanding | 24,044,000 | 18,000,000 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2020 | Aug. 31, 2019 | Aug. 31, 2020 | Aug. 31, 2019 | |
Income Statement [Abstract] | ||||
Revenues | ||||
Operating expenses: | ||||
General and administrative expenses | 26,400 | 24,400 | 77,200 | 24,400 |
Total operating expenses | 26,400 | 24,400 | 77,200 | 24,400 |
Interest on shareholder’s loan | 7,126 | 907 | 7,862 | 2,721 |
Net loss | $ (33,526) | $ (25,307) | $ (85,062) | $ (27,121) |
Net loss per share – basic and diluted attributable to common stockholders (in Dollars per share) | $ 0 | $ 0 | $ 0 | $ 0 |
Basic and diluted weighted average number of shares outstanding (in Shares) | 24,044,000 | 24,044,000 | 24,044,000 | 20,037,052 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) | 9 Months Ended | |
Aug. 31, 2020 | Aug. 31, 2019 | |
Cash flows from operating activities: | ||
Net loss for the period | $ (85,062) | $ (2,721) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Interest on shareholder’s loan | 7,862 | 2,721 |
Stock based compensation | 64,800 | |
Changes in operating assets and liabilities: | ||
Increase in accounts payable and accrued expenses | 12,400 | |
Net cash provided by operating activities | ||
Increase in cash and cash equivalents | ||
Cash and cash equivalents at beginning of period | ||
Cash and cash equivalents at end of period |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Changes in Shareholders’ Equity - USD ($) | Common Stock | Additional Paid-in capital | Accumulated Deficit | Shareholder debt due to issuance of shares | Total |
Balance at Nov. 30, 2017 | $ 18,000 | $ (152,473) | $ (134,473) | ||
Balance (in Shares) at Nov. 30, 2017 | 18,000,000 | ||||
Loss for the period | (6,932) | (6,932) | |||
Balance at Nov. 30, 2018 | $ 18,000 | (159,405) | (141,405) | ||
Balance (in Shares) at Nov. 30, 2018 | 18,000,000 | ||||
Effect of Reverse Capitalization | $ 6,044 | 64,631 | 70,675 | ||
Effect of Reverse Capitalization (in Shares) | 6,044,000 | ||||
Shareholder debt due to issuance of shares | (55,647) | (55,647) | |||
Loss for the period | (54,890) | (54,890) | |||
Balance at Nov. 30, 2019 | $ 24,044 | 64,631 | (214,295) | (55,647) | (181,267) |
Balance (in Shares) at Nov. 30, 2019 | 24,044,000 | ||||
Loss for the period | (85,062) | (85,062) | |||
Balance at Aug. 31, 2020 | $ 24,044 | $ 64,631 | $ (299,357) | $ (55,647) | $ (266,329) |
Balance (in Shares) at Aug. 31, 2020 | 24,044,000 |
General
General | 9 Months Ended |
Aug. 31, 2020 | |
Accounting Policies [Abstract] | |
GENERAL | NOTE 1 – GENERAL Sipup Corporation (the "Company") is a Nevada Corporation incorporated on October 31, 2012. For additional information see below and note 5 - subsequent events. share Exchange Transaction On June 2, 2019, the Company completed the acquisition of Enlightened Capital Ltd., an Israeli company with offices at Bnei-Brak, Israel (“Enlightened”) whereby Enlightened became a direct and wholly owned subsidiary of the Company. As consideration, the Company issued to Enlightened’s shareholders 18,000,000 common Stock, par value $0.001 per share. Enlightened is engaged, in the field of green energy and is licensed to internationally trade in Certified Emission Reductions, also known as carbon credits (“CERs”), as issued by the UN until 2040. The transaction was accounted for as a reverse asset acquisition in accordance with generally accepted accounting principles in the United States of America (“GAAP”). Under this method of accounting, Enlightened was deemed to be the accounting acquirer for financial reporting purposes. This determination was primarily based on the facts that, immediately following the Merger: (i) Enlightened’s stockholders owned a substantial majority of the voting rights in the combined company. As a result of the Recapitalization Transaction, the shareholders of Enlightened received the largest ownership interest in the Company, and Enlightened was determined to be the “accounting acquirer” in the Recapitalization Transaction. As a result, the historical financial statements of the Company were replaced with the historical financial statements of Enlightened. The number of shares prior to the reverse capitalization have been retroactively adjusted based on the equivalent number of shares received by the accounting acquirer in the Recapitalization Transaction. Going concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the liquidation of liabilities in the normal course of business. As of August 31, 2020, the Company has an accumulated deficit of $299,357 from operations. The Company has earned no revenues to cover its operating costs. The Company intends to fund future operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending November 30, 2020. The ability of the Company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of its business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings. These factors, among others, raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. |
Summary of Significant Accounti
Summary of Significant Accounting Policies and Basis of Presentation | 9 Months Ended |
Aug. 31, 2020 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION | NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATION Unaudited Interim Financial Statements The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its subsidiary, prepared in accordance with accounting principles generally accepted in the GAAP and with the instructions to Form 10-Q. In the opinion of management, the financial statements presented herein have not been audited by an independent registered public accounting firm but include all material adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary for a fair statement of the financial condition, results of operations and cash flows for the for three-months ended August 31, 2020. However, these results are not necessarily indicative of results for any other interim period or for the year ended November 30, 2020. The preparation of financial statements in conformity with GAAP requires the Company to make certain estimates and assumptions for the reporting periods covered by the financial statements. These estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Actual amounts could differ from these estimates. Certain information and footnote disclosures normally included in financial statements in accordance with generally accepted accounting principles have been omitted pursuant to the rules of the U.S. Securities and Exchange Commission (“SEC”). These financial statements should be read in conjunction with the financial statements and notes thereto contained in the Company’s Annual Report published on the SEC’s website, for the year ended November 30, 2019. Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to the going concern assumptions. Derivative Liabilities and Fair Value of Financial Instruments Fair value accounting requires bifurcation of embedded derivative instruments such as conversion features in convertible debt or equity instruments and measurement of their fair value for accounting purposes. In assessing the convertible debt instruments, management determines if the convertible debt host instrument is conventional convertible debt and further if there is a beneficial conversion feature requiring measurement. If the instrument is not considered conventional convertible debt under Accounting Standards Codification (“ASC”) 470, the Company will continue its evaluation process of these instruments as derivative financial instruments under ASC 815, “Derivatives and Hedging”. Once determined, derivative liabilities are adjusted to reflect fair value at each reporting period end, with any increase or decrease in the fair value being recorded in results of operations as an adjustment to fair value of derivatives. Fair value of certain of the Company’s financial instruments including cash, accounts receivable, account payable, accrued expenses, notes payables, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC 820, “Fair Value Measurements and Disclosure” defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value investments. Fair value, as defined in ASC 820, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of non performance, which includes, among other things, the Company’s credit risk. Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of one or more of the techniques may require significant judgment and are primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC 820 also provides fair value hierarchy for inputs and resulting measurement as follows: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3: Unobservable inputs for the asset or liability that are supported by little or no market activity, and that are significant to the fair values. Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. In November 2018, FASB issued ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”, which amends the scope and transition requirements of ASU 2016-13. Topic 326 requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. Topic 326 will originally become effective for the Company beginning January 1, 2020, with early adoption permitted, on a modified retrospective approach. As a smaller reporting company, the effective date for the Company has been delayed until fiscal years beginning after December 15, 2022, in accordance with ASU 2019-10, although early adoption is still permitted. This standard is not expected to have a material impact to the Company’s consolidated financial statements after evaluation. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): “Simplifying the Accounting for Income Taxes.” The amendments in this ASU simplify the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies certain aspects of the current guidance to improve consistent application among reporting entities. ASU 2019-12 is effective for fiscal years beginning after December 15, 2021 and interim periods within annual periods beginning after December 15, 2022, though early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. This standard is not expected to have a material impact to the Company’s consolidated financial statements after evaluation. The Company has implemented all new accounting pronouncements that are in effect and that could impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued, but are not yet effective, that might have a material impact on the consolidated financial statements of the Company. |
Loan from Stockholder
Loan from Stockholder | 9 Months Ended |
Aug. 31, 2020 | |
Loan From Stockholder [Abstract] | |
LOAN FROM STOCKHOLDER | NOTE 3 – LOAN FROM STOCKHOLDER As of, August 31, November 30, Loan from shareholder (*) $ 155,357 $ 147,495 Loan from related party (**) 14,020 14,020 $ 169,377 $ 161,515 (*) The loan is unsecured, bears annual 2.56% interest and has no repayment term. This loan is repayable on demand (**) The loan is unsecured, bears no interest and has no repayment term. This loan is repayable on demand |
Related Party Transaction
Related Party Transaction | 9 Months Ended |
Aug. 31, 2020 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTION | NOTE 4 – RELATED PARTY TRANSACTION The following transactions were carried out with related parties: Three Months Ended August 31, Nine Months Ended August 31, 2020 2019 2020 2019 General and administrative expenses 21,600 - 64,800 - Interest on shareholder’s loan 7,126 907 7,862 1,814 For additional information please refer to Note 3. |
Subsequent Events
Subsequent Events | 9 Months Ended |
Aug. 31, 2020 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 5 – SUBSEQUENT EVENTS In accordance with ASC 855-10, Company management reviewed all material events through the date of this report and determined that there are no additional material subsequent events to report. (i) During November 2020 the Company, in consideration of the advance of $50,000 for purposes of paying outstanding Company obligation to third parties, the Company issued to Adi Zim and Rosario Capital Ltd. its unsecured convertible promissory note in the principal amount of $50,000 (the “Note”), which note shall be convertible into shares of the Company’s common stock at a rate equal to $0.1 per share. (ii) On April 25, 2021, the Company entered into a Stock Exchange Agreement with VeganNation Services Ltd., a company formed under the laws of the State of Israel (“VeganNation”) and the shareholders of VeganNation pursuant to which VeganNation would become a wholly owned subsidiary of the Company, and the shareholders of VeganNation would receive an aggregate of 23,562,240 shares of common stock of the Company. The transaction is subject to customary closing conditions. VeganNation is, a leading global plant-based company building an all-encompassing conscious consumer ecosystem, connecting and empowering plant-based and sustainable businesses and individuals. Management of the Company believes that the growth of sustainable and plant-based consumer goods presents a unique opportunity to participate in the fastest growing lifestyle globally. In connection with the proposed transaction, the VeganNation stockholders are expected to receive comon stock of Sipup that will be equal to approximately 50% of the issued and outstanding common stock of the Company at the closing of the proposed merger, on a fully diluted basis. In additiona, on December 28, 2020, the Company disclosed on a current report on Form 8-K that VeganNation previously entered into a non-binding Letter of Intent (the “LOI”) to acquire a vegan industry company located in the United States (the “Target”) and that VeganNation had assigned the LOI to the Company. As disclosed by the Company in its Current Report on Form 8-K filed on April 26, 2021, the Company and Target have terminated all discussions relating to the acquisition of the Target. |
Accounting Policies, by Policy
Accounting Policies, by Policy (Policies) | 9 Months Ended |
Aug. 31, 2020 | |
Accounting Policies [Abstract] | |
Unaudited Interim Financial Statements | Unaudited Interim Financial Statements The accompanying unaudited condensed consolidated financial statements include the accounts of the Company and its subsidiary, prepared in accordance with accounting principles generally accepted in the GAAP and with the instructions to Form 10-Q. In the opinion of management, the financial statements presented herein have not been audited by an independent registered public accounting firm but include all material adjustments (consisting of normal recurring adjustments) which are, in the opinion of management, necessary for a fair statement of the financial condition, results of operations and cash flows for the for three-months ended August 31, 2020. However, these results are not necessarily indicative of results for any other interim period or for the year ended November 30, 2020. The preparation of financial statements in conformity with GAAP requires the Company to make certain estimates and assumptions for the reporting periods covered by the financial statements. These estimates and assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Actual amounts could differ from these estimates. Certain information and footnote disclosures normally included in financial statements in accordance with generally accepted accounting principles have been omitted pursuant to the rules of the U.S. Securities and Exchange Commission (“SEC”). These financial statements should be read in conjunction with the financial statements and notes thereto contained in the Company’s Annual Report published on the SEC’s website, for the year ended November 30, 2019. |
Use of Estimates | Use of Estimates The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to the going concern assumptions. |
Derivative Liabilities and Fair Value of Financial Instruments | Derivative Liabilities and Fair Value of Financial Instruments Fair value accounting requires bifurcation of embedded derivative instruments such as conversion features in convertible debt or equity instruments and measurement of their fair value for accounting purposes. In assessing the convertible debt instruments, management determines if the convertible debt host instrument is conventional convertible debt and further if there is a beneficial conversion feature requiring measurement. If the instrument is not considered conventional convertible debt under Accounting Standards Codification (“ASC”) 470, the Company will continue its evaluation process of these instruments as derivative financial instruments under ASC 815, “Derivatives and Hedging”. Once determined, derivative liabilities are adjusted to reflect fair value at each reporting period end, with any increase or decrease in the fair value being recorded in results of operations as an adjustment to fair value of derivatives. Fair value of certain of the Company’s financial instruments including cash, accounts receivable, account payable, accrued expenses, notes payables, and other accrued liabilities approximate cost because of their short maturities. The Company measures and reports fair value in accordance with ASC 820, “Fair Value Measurements and Disclosure” defines fair value, establishes a framework for measuring fair value in accordance with generally accepted accounting principles and expands disclosures about fair value investments. Fair value, as defined in ASC 820, is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of an asset should reflect its highest and best use by market participants, principal (or most advantageous) markets, and an in-use or an in-exchange valuation premise. The fair value of a liability should reflect the risk of non performance, which includes, among other things, the Company’s credit risk. Valuation techniques are generally classified into three categories: the market approach; the income approach; and the cost approach. The selection and application of one or more of the techniques may require significant judgment and are primarily dependent upon the characteristics of the asset or liability, and the quality and availability of inputs. Valuation techniques used to measure fair value under ASC 820 must maximize the use of observable inputs and minimize the use of unobservable inputs. ASC 820 also provides fair value hierarchy for inputs and resulting measurement as follows: Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities; and Level 3: Unobservable inputs for the asset or liability that are supported by little or no market activity, and that are significant to the fair values. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. In November 2018, FASB issued ASU No. 2018-19, “Codification Improvements to Topic 326, Financial Instruments-Credit Losses”, which amends the scope and transition requirements of ASU 2016-13. Topic 326 requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. Topic 326 will originally become effective for the Company beginning January 1, 2020, with early adoption permitted, on a modified retrospective approach. As a smaller reporting company, the effective date for the Company has been delayed until fiscal years beginning after December 15, 2022, in accordance with ASU 2019-10, although early adoption is still permitted. This standard is not expected to have a material impact to the Company’s consolidated financial statements after evaluation. In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740): “Simplifying the Accounting for Income Taxes.” The amendments in this ASU simplify the accounting for income taxes, eliminates certain exceptions to the general principles in Topic 740 and clarifies certain aspects of the current guidance to improve consistent application among reporting entities. ASU 2019-12 is effective for fiscal years beginning after December 15, 2021 and interim periods within annual periods beginning after December 15, 2022, though early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. This standard is not expected to have a material impact to the Company’s consolidated financial statements after evaluation. The Company has implemented all new accounting pronouncements that are in effect and that could impact its consolidated financial statements and does not believe that there are any other new accounting pronouncements that have been issued, but are not yet effective, that might have a material impact on the consolidated financial statements of the Company. |
Loan from Stockholder (Tables)
Loan from Stockholder (Tables) | 9 Months Ended |
Aug. 31, 2020 | |
Loan From Stockholder [Abstract] | |
Schedule of loan from stockholder | As of, August 31, November 30, Loan from shareholder (*) $ 155,357 $ 147,495 Loan from related party (**) 14,020 14,020 $ 169,377 $ 161,515 (*) The loan is unsecured, bears annual 2.56% interest and has no repayment term. This loan is repayable on demand (**) The loan is unsecured, bears no interest and has no repayment term. This loan is repayable on demand |
Related Party Transaction (Tabl
Related Party Transaction (Tables) | 9 Months Ended |
Aug. 31, 2020 | |
Related Party Transactions [Abstract] | |
Schedule of related party transactions | Three Months Ended August 31, Nine Months Ended August 31, 2020 2019 2020 2019 General and administrative expenses 21,600 - 64,800 - Interest on shareholder’s loan 7,126 907 7,862 1,814 |
General (Details)
General (Details) - USD ($) | Aug. 31, 2020 | Nov. 30, 2019 |
Accounting Policies [Abstract] | ||
Share of common stock | 18,000,000 | |
Common stock, par value | $ 0.001 | $ 0.001 |
Accumulated deficit | $ (299,357) | $ (214,295) |
Loan from Stockholder (Details)
Loan from Stockholder (Details) | Aug. 31, 2020 |
Loan From Stockholder [Abstract] | |
Bears annual interest | 2.56% |
Loan from Stockholder (Detail_2
Loan from Stockholder (Details) - Schedule of loan from stockholder - USD ($) | Aug. 31, 2020 | Nov. 30, 2019 | |
Schedule of loan from stockholder [Abstract] | |||
Loan from shareholder | [1] | $ 155,357 | $ 147,495 |
Loan from related party | [2] | 14,020 | 14,020 |
Total Loan from stockholder | $ 169,377 | $ 161,515 | |
[1] | The loan is unsecured, bears annual 2.56% interest and has no repayment term. This loan is repayable on demand | ||
[2] | The loan is unsecured, bears no interest and has no repayment term. This loan is repayable on demand |
Related Party Transaction (Deta
Related Party Transaction (Details) - Schedule of related party transactions - USD ($) | 3 Months Ended | 9 Months Ended | ||
Aug. 31, 2020 | Aug. 31, 2019 | Aug. 31, 2020 | Aug. 31, 2019 | |
Schedule of related party transactions [Abstract] | ||||
General and administrative expenses | $ 21,600 | $ 64,800 | ||
Interest on shareholder’s loan | $ 7,126 | $ 907 | $ 7,862 | $ 1,814 |
Subsequent Events (Details)
Subsequent Events (Details) - USD ($) | 1 Months Ended | |||
Apr. 25, 2021 | Nov. 30, 2020 | Aug. 31, 2020 | Nov. 30, 2019 | |
Subsequent Events (Details) [Line Items] | ||||
Common stock, par value (in Dollars per share) | $ 0.001 | $ 0.001 | ||
Subsequent Event [Member] | ||||
Subsequent Events (Details) [Line Items] | ||||
Consideration advances | $ 50,000 | |||
Principal amount | $ 50,000 | |||
Common stock, par value (in Dollars per share) | $ 0.1 | |||
Forecast [Member] | ||||
Subsequent Events (Details) [Line Items] | ||||
Aggregate of shares of common stock (in Shares) | 23,562,240 | |||
Percentage of issued and outstanding common stock | 50.00% |