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Arax (ARAT)

Cover

Cover - shares6 Months Ended
Apr. 30, 2021May 18, 2021
Cover [Abstract]
Document Type10-Q
Amendment Flagfalse
Document Period End DateApr. 30,
2021
Document Fiscal Period FocusQ2
Document Fiscal Year Focus2021
Current Fiscal Year End Date--10-31
Entity File Number333-185928
Entity Registrant NameARAX HOLDINGS CORP
Entity Central Index Key0001566243
Entity Incorporation, State or Country CodeNV
Entity Current Reporting StatusYes
Entity Interactive Data CurrentYes
Entity Filer CategoryNon-accelerated Filer
Entity Small Businesstrue
Entity Emerging Growth Companyfalse
Entity Shell Companytrue
Entity Common Stock, Shares Outstanding10,335,924

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)Apr. 30, 2021Oct. 31, 2020
ASSETS
Total Assets $ 0 $ 0
Current liabilities
Loan from related party5,775 0
Total current liabilities5,775 0
Stockholders' Equity
Preferred Stock Series A, par value $0.001, 10,000,000 shares authorized, and -0- shares issued and outstanding as of April 30, 2021 and January 31, 2021, respectively10,000 0
Common stock, Par Value $0.001, 75,000,000 shares authorized, 10,335,924 issued and outstanding as of October 31, 202010,335 10,335
Additional paid in capital678,271 588,271
Retained earnings (deficit)(704,381)(598,606)
Total Stockholders' (Deficit)(5,775)0
Total Liabilities and Stockholders' (Equity) $ 0 $ 0

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / sharesApr. 30, 2021Oct. 31, 2020
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share) $ 0.001 $ 0.001
Common stock, authorized75,000,000 75,000,000
Common stock, issued10,335,924 10,335,924
Common stock, outstanding10,335,924 10,335,924
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001
Preferred stock, authorized10,000,000 10,000,000
Preferred stock, issued0 0
Preferred stock, outstanding0 0

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)3 Months Ended6 Months Ended
Apr. 30, 2021Apr. 30, 2020Apr. 30, 2021Apr. 30, 2020
Income Statement [Abstract]
REVENUE $ 0 $ 0 $ 0 $ 0
Operating Expenses:
Administrative expenses -related party(93,054)0 (105,775)0
Total operating expenses(93,054)0 (105,775)0
(Loss) from operations(93,054)0 (105,775)0
Other expense
Other (expense) net0 0 0 0
Income (loss) before provision for income taxes(93,054)0 (105,775)0
Provision for Income Taxes0 0 0 0
NET LOSS $ (93,054) $ 0 $ (105,775) $ 0
Basic and diluted earnings(loss) per common share $ (0.01)$ .00 $ (0.01)$ .00
Weighted average number of shares outstanding10,335,924 10,335,924 10,335,924 10,335,924

Statement of Changes In Stockho

Statement of Changes In Stockholders' Equity (Unaudited) - USD ($)Preferred StockCommon StockAdditional Paid-In CapitalAccumulated DeficitTotal
Beginning balance at Oct. 31, 2019 $ 10,335 $ 588,271 $ (598,606)
Beginning balance (in shares) at Oct. 31, 2019 10,335,924
Net loss
Ending Balance at Jan. 31, 2020 $ 10,335 588,271 (598,606)
Ending Balance (in shares) at Jan. 31, 2020 10,335,924
Net loss
Ending Balance at Apr. 30, 2020 $ 10,335 588,271 (598,606)
Ending Balance (in shares) at Apr. 30, 2020 10,335,924
Beginning balance at Oct. 31, 2020 $ 10,335 588,271 (598,606)0
Beginning balance (in shares) at Oct. 31, 2020 10,335,924
Net loss (12,721)(12,721)
Ending Balance at Jan. 31, 2021 $ 10,335 588,271 (611,327)(12,721)
Ending Balance (in shares) at Jan. 31, 2021 10,335,924
Issuance of preferred stock and forgiveness of debt treated as a capital contribution $ 10,000 90,000 100,000
Issuance of preferred stock and forgiveness of debt treated as a capital contribution, shares10,000,000
Net loss (93,054)(93,054)
Ending Balance at Apr. 30, 2021 $ 10,000 $ 10,335 $ 678,271 $ (704,381) $ (5,775)
Ending Balance (in shares) at Apr. 30, 202110,000,000 10,335,924

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)6 Months Ended
Apr. 30, 2021Apr. 30, 2020
Cash Flows From Operating Activities:
Net loss $ (105,775) $ 0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Net cash provided by (used for) operating activities(105,775)0
Cash Flows From Investing Activities:
Net cash provided by (used for) investing activities0 0
Cash Flows From Financing Activities:
Notes payable related parties(105,775)
Net cash provided by (used for) financing activities(105,775)0
Net Increase (Decrease) In Cash0 0
Cash At The Beginning Of The Period0 0
Cash At The End Of The Period $ 0 $ 0

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS6 Months Ended
Apr. 30, 2021
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESSNOTE 1 – ORGANIZATION AND DESCRIPTION
OF BUSINESS Arax Holdings Corp. (the
“Company”, “we”, “our” or “us”) was incorporated under the laws of the State of Nevada
on February 23, 2012 with a business plan to sell hot dogs from mobile hot dog stands throughout the major cities in Mexico. As of the
filing of the 10K for 2016, the Company stated that it was re-evaluating its business plan. It was further indicated
as possible that a new business model could be related to a new business sector other than the food sector, and that any new business
model could entail a capital restructuring of the Company in order to provide new capital and a broader base of shareholders. Such a capital
restructuring of the Company could involve a merger or acquisition of assets through various techniques, including a possible reverse-merger.
On October 31, 2016 management believed that the best business model for our investors is to pursue business activity in the Life Sciences
sector of the United States and possibly internationally. The Company has been
dormant since September 28, 2017. On December 30, 2020,
as a result of a custodianship in Clark County, Nevada, Case Number: A-20-825346-B, Custodian Ventures LLC (“Custodian”) was
appointed custodian of the “Company”. On the same date, Custodian appointed David Lazar as the Company’s Chief Executive
Officer, President, Secretary, Chief Financial Officer, Chief Executive Officer and Chairman of the Board of Directors. David
Lazar is a private investor. Mr. Lazar has been a partner at Zenith Partners International since 2013, where he specializes in research
and development, sales, and marketing. From 2014 through 2015, David was the Chief Executive Officer of Dico, Inc., which was then sold
to Peekay Boutiques. Since February of 2018, Mr. Lazar has been the managing member of Custodian Ventures LLC, where he specializes in
assisting distressed public companies. Since March 2018, David has acted as the managing member of Activist Investing LLC, which specializes
in active investing in distressed public companies. David has a diverse knowledge of financial, legal and operations management; public
company management, accounting, audit preparation, due diligence reviews and SEC regulations. COVID-19 On March 11, 2020, the World Health Organization
(“WHO”) declared the Covid-19 outbreak to be a global pandemic. In addition to the devastating effects on human life, the
pandemic is having a negative ripple effect on the global economy, leading to disruptions and volatility in the global financial markets.
Most US states and many countries have issued policies intended to stop or slow the further spread of the disease. Covid-19 and the U.S’s response to the pandemic
are significantly affecting the economy. There are no comparable events that provide guidance as to the effect the Covid-19 pandemic may
have, and, as a result, the ultimate effect of the pandemic is highly uncertain and subject to change. We do not yet know the full extent
of the effects on the economy, the markets we serve, our business, or our operations.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES6 Months Ended
Apr. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESNOTE 2 – SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements have been
prepared in accordance with the Financial Accounting Standards Board (“ FASB Codification GAAP Management’s Representation of Interim
Financial Statements The accompanying unaudited consolidated financial
statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission
(“SEC”). Certain information and disclosures normally included in financial statements prepared in accordance with accounting
principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations,
and management believes that the disclosures are adequate to make the information presented not misleading. These consolidated financial
statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position
and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of
results for a full year. Going Concern The accompanying financial statements have been
prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities
in the normal course of business for the twelve months following the date of these financial statements. The Company has incurred operating
losses since its inception. As of April 30, 2021, the Company had a working capital deficit of $5,775 and an accumulated deficit of $704,381. Because the Company does not expect that existing
operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s
ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative
sources of financing. The Company is currently being funded by David Lazar who is the managing member of Custodian Ventures, LLC., the
Court-appointed custodian who is extending interest-free demand loans to the Company. The Company will be required to continue to rely
on Mr. Lazar until its operations become profitable. Use of Estimates The preparation of financial statements in conformity
with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements. The most significant estimates relate to income taxes and contingencies.
The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to
be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions
provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources.
Actual results could differ from these estimates. Revenue Recognition On July 1, 2018, the Company adopted Accounting
Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”). Results for reporting
periods beginning after January 1, 2018, are presented under ASC 606. As of April 30, 2021, the financial statements were not impacted
due to the application of Topic 606 because the Company had no revenues. Cash and cash equivalents The Company considers all highly liquid temporary
cash investments with an original maturity of three months or less to be cash equivalents. On April 30, 2021, and October 31, 2020, the
Company’s cash equivalents totaled $-0- and $-0- respectively. Income taxes The Company accounts for income taxes under FASB
ASC 740, “Accounting for Income Taxes”. Under FASB ASC 740, deferred tax assets and liabilities are recognized for the
future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities
and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be recovered or settled. Under FASB ASC 740, the effect on deferred
tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. FASB ASC 740-10-05, “Accounting
for Uncertainty in Income Taxes” prescribes a recognition threshold and a measurement attribute for the financial statement
recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax
position must be more likely than not to be sustained upon examination by taxing authorities. The amount recognized is measured as the largest
amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company assesses the validity
of its conclusions regarding uncertain tax positions quarterly to determine if facts or circumstances have arisen that might cause it
to change its judgment regarding the likelihood of a tax position’s sustainability under audit. Stock-based Compensation The Company accounts for stock-based compensation
using the fair value method following the guidance outlined in Section 718-10 of the FASB Accounting Standards Codification for disclosure
about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received in exchange for
an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized
over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually
the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service. Net Loss per Share Net loss per common share is computed by dividing
net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260,
“Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income
by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are
determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. Recent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases
(Topic 842), which establishes a new lease accounting model for lessees. The updated guidance requires an entity to recognize assets and
liabilities arising from financing and operating leases, along with additional qualitative and quantitative disclosures. The amended guidance
is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018, with early adoption permitted.
In March 2019, the FASB issued ASU 2019-01, Codification Improvements, which clarifies certain aspects of the new lease standard.
The FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases in July 2018. Also in 2018, the FASB issued ASU 2018-11,
Leases (Topic 842) Targeted Improvements, which provides an optional transition method whereby the new lease standard is applied
at the adoption date and recognized as an adjustment to retained earnings. The amendments have the same effective date and transition
requirements as the new lease standard. We adopted ASC 842 on October 31, 2020. The adoption
of this guidance did not have any impact on our financial statements because we have no leases.

EQUITY

EQUITY6 Months Ended
Apr. 30, 2021
Equity [Abstract]
EQUITYNOTE 3 – EQUITY Common Stock The Company
has authorized 75,000,000 shares of $0.001 par value, common stock. As of April 30, 2021 and October 31, 2020 there were 10,335,924 shares
of Common Stock issued and outstanding, respectively. Preferred
Stock On March
31, 2021 the Company took a corporate action and authorized 10,000,000 shares of Series A Preferred Stock with a par value of $0.001.
These shares which are convertible into common stock on a 10 for 1 basis, were awarded to Custodian Ventures managed by David Lazar in
recognition of The Company recorded stock-based compensation
expense of $83,834 during the three month period ended April 30, 2021 as a result of the issuance. Liquidation Preference In the event of any liquidation, dissolution or
winding up of the Corporation, either voluntary or involuntary, subject to the rights of any existing series of Preferred Stock or to
the rights of any series of Preferred Stock which may from time to time hereafter come into existence, the holders of the Series A Preferred
Stock shall be entitled to receive, prior and in preference to any distribution of any of the assets of the Corporation to the holders
of Common Stock by reason of their ownership thereof, an amount per share equal to the price per share actually paid to the Corporation
upon the initial issuance of the Series A Preferred Stock (each, the “the Original Issue Price”) for each share of Series
A Preferred Stock then held by them, plus declared but unpaid dividends. Unless the Corporation can establish a different Original Issue
Price in connection with a particular sale of Series A Preferred Stock, the Original Issue Price shall be $0.001per share for the Series
A Preferred Stock. If, upon the occurrence of any liquidation, dissolution or winding up of the Corporation, the assets and funds thus
distributed among the holders of the Series A Preferred Stock shall be insufficient to permit the payment to such holders of the full
aforesaid preferential amounts, then, subject to the rights of any existing series of Preferred Stock or to the rights of any series Arax
Holdings Corp. Pursuant to Section 78.1955 of the Nevada Revised Statutes SERIES A PREFERRED STOCK. On behalf of Arax Holdings Corp., a Nevada corporation
(the “Corporation”), the undersigned hereby certifies that the following resolution has been duly adopted by the board of
directors of the Corporation (the “Board”): RESOLVED, that, pursuant to the authority granted to and vested in the Board by
the provisions of the articles of incorporation of the Corporation (the “Articles of Incorporation”), there hereby is created,
out of the Ten Million (10,000,000) shares of preferred stock, par value $0.001 per share, of the Corporation authorized by the Corporation’s
Articles of Incorporation (“Preferred Stock”), Series A Preferred Stock, consisting of Ten Million (10,000,000) shares, which
series shall have the following powers, designations, preferences and relative participating, optional and other special rights, and the
following qualifications, limitations and restrictions: of Preferred Stock which may from time to time hereafter come into existence,
the entire assets and funds of the corporation legally available for distribution shall be distributed ratably among the holders of the
each series of Preferred Stock in proportion to the preferential amount each such holder is otherwise entitled to receive. (b) Upon the completion of the distribution required
by Section 2(a) above and any other distribution that may be required with respect to the rights of any existing series of Preferred
Stock or to the rights of any series of Preferred Stock which may from time to time hereafter come into existence, if assets remain in
the Corporation, the remaining assets shall be distributed to the holders of the Common Stock until such time as the holders of the Common
stock shall have received a return of the capital originally contributed thereby. Thereafter, if assets remain in the Corporation, all
remaining assets shall be distributed to all holders of Common Stock and to each series of Preferred Stock, pro rata (c) For purposes of this Section 2, a
liquidation, dissolution or winding up of the Corporation shall be deemed to be occasioned by, or to include, (i) the acquisition of
the Corporation by another entity by means of any transaction or series of related transactions (including, without limitation, any
reorganization, merger or consolidation, but excluding any merger effected exclusively for the purpose of changing the domicile of
the Corporation); or (ii) a sale of all or substantially all of the assets of the Corporation, unless the Corporation’s
stockholders of record as constituted immediately prior to such acquisition or sale will, immediately after such acquisition or sale
(by virtue of securities issued as consideration for the Corporation’s acquisition or sale or otherwise) hold at least fifty
percent (50%) of the voting power of the surviving or acquiring entity in approximately the same relative percentages after such
acquisition or sale as before such acquisition or sale. (d) In any of the events specified in (c) above,
if the consideration received by the corporation is other than cash, its value will be deemed its fair market value. Any securities shall
be valued as follows: (i) Securities not subject to investment letter
or other similar restrictions on free marketability: (A) If traded on a securities exchange, the
value shall be deemed to be the average of the closing prices of the securities on such exchange over the thirty-day period ending
three (3) days prior to the closing; (B) If actively traded over-the-counter, the
value shall be deemed to be the average of the closing bid or sale prices (whichever is applicable) over the thirty-day period
ending three (3) days prior to the closing; and (C) If there is no active public market, the
value shall be the fair market value thereof, as determined in good faith by the Board of Directors. (ii) The method of valuation of securities subject
to investment letter or other restrictions on free marketability (other than restrictions arising solely by virtue of a stockholder’s
status as an affiliate or former affiliate) shall be to make an appropriate discount from the market value determined as above in (i)
(A), (B) or (C) to reflect the approximate fair market value thereof, as mutually determined by the Corporation and the holders of at
least a majority of the voting power of all then outstanding shares of Preferred Stock. (iii) In the event the requirements of Section
2(c) are not complied with, the Corporation shall forthwith either: (A) cause such closing to be postponed until such
time as the requirements of this Section 2 have been complied with; or (B) cancel such transaction, in which event the
rights, preferences and privileges of the holders of the Series A Preferred Stock shall revert to and be the same as such rights, preferences
and privileges existing immediately prior to the date of the first notice referred to in Section 2(c)(iv) hereof. (iv) The Corporation shall give each holder of
record of Series A Preferred Stock written notice of such impending transaction not later than twenty (20) days prior to the stockholders’
meeting called to approve such transaction, or twenty (20) days prior to the closing of such transaction, whichever is earlier, and shall
also notify such holders in writing of the final approval of such transaction. The first of such notices shall describe the material terms
and conditions of the impending transaction and the provisions of this Section 2, and the corporation shall thereafter give such holders
prompt notice of any material changes. The transaction shall in no event take place sooner than twenty (20) days after the corporation
has given the first notice provided for herein or sooner than ten (10) days after the corporation has given notice of any material changes
provided for herein; provided, however, that time periods set forth in this paragraph may be shortened upon the written consent of the
holders of Series A Preferred Stock that are entitled to such notice rights or similar notice rights and that represent at least a majority
of the voting power of all then outstanding shares of such Series A Preferred Stock.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES6 Months Ended
Apr. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIESNOTE 4 – COMMITMENTS AND CONTINGENCIES The Company did not have any contractual commitments
of April 30, 2021, and October 31, 2020.

NOTES PAYABLE-RELATED PARY

NOTES PAYABLE-RELATED PARY6 Months Ended
Apr. 30, 2021
Debt Disclosure [Abstract]
NOTES PAYABLE-RELATED PARYNOTE 5 – NOTES PAYABLE-RELATED PARY Mr. Lazar, the principal member of the Company’s
Court-appointed custodian is considered a related party. During the three months ended April 30, 2021, Custodian Venture extended $9,220
in interest-free demand loans to the Company. As of April 30, 2021, the total amount due to Mr. Lazar amounted to $5,775.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS6 Months Ended
Apr. 30, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTSNOTE 6 – SUBSEQUENT EVENTS In accordance with FASB ASC 855-10, Subsequent
Events

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)6 Months Ended
Apr. 30, 2021
Accounting Policies [Abstract]
Basis of PresentationBasis of Presentation The accompanying financial statements have been
prepared in accordance with the Financial Accounting Standards Board (“ FASB Codification GAAP
Management's Representation of Interim Financial StatementsManagement’s Representation of Interim
Financial Statements The accompanying unaudited consolidated financial
statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission
(“SEC”). Certain information and disclosures normally included in financial statements prepared in accordance with accounting
principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations,
and management believes that the disclosures are adequate to make the information presented not misleading. These consolidated financial
statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position
and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of
results for a full year.
Going ConcernGoing Concern The accompanying financial statements have been
prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities
in the normal course of business for the twelve months following the date of these financial statements. The Company has incurred operating
losses since its inception. As of April 30, 2021, the Company had a working capital deficit of $5,775 and an accumulated deficit of $704,381. Because the Company does not expect that existing
operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s
ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative
sources of financing. The Company is currently being funded by David Lazar who is the managing member of Custodian Ventures, LLC., the
Court-appointed custodian who is extending interest-free demand loans to the Company. The Company will be required to continue to rely
on Mr. Lazar until its operations become profitable.
Use of EstimatesUse of Estimates The preparation of financial statements in conformity
with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent
assets and liabilities at the date of the financial statements. The most significant estimates relate to income taxes and contingencies.
The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to
be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions
provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources.
Actual results could differ from these estimates.
Revenue RecognitionRevenue Recognition On July 1, 2018, the Company adopted Accounting
Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”). Results for reporting
periods beginning after January 1, 2018, are presented under ASC 606. As of April 30, 2021, the financial statements were not impacted
due to the application of Topic 606 because the Company had no revenues.
Cash and Cash EquivalentsCash and cash equivalents The Company considers all highly liquid temporary
cash investments with an original maturity of three months or less to be cash equivalents. On April 30, 2021, and October 31, 2020, the
Company’s cash equivalents totaled $-0- and $-0- respectively.
Income TaxesIncome taxes The Company accounts for income taxes under FASB
ASC 740, “Accounting for Income Taxes”. Under FASB ASC 740, deferred tax assets and liabilities are recognized for the
future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities
and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be recovered or settled. Under FASB ASC 740, the effect on deferred
tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. FASB ASC 740-10-05, “Accounting
for Uncertainty in Income Taxes” prescribes a recognition threshold and a measurement attribute for the financial statement
recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax
position must be more likely than not to be sustained upon examination by taxing authorities. The amount recognized is measured as the largest
amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company assesses the validity
of its conclusions regarding uncertain tax positions quarterly to determine if facts or circumstances have arisen that might cause it
to change its judgment regarding the likelihood of a tax position’s sustainability under audit.
Stock-based CompensationStock-based Compensation The Company accounts for stock-based compensation
using the fair value method following the guidance outlined in Section 718-10 of the FASB Accounting Standards Codification for disclosure
about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received in exchange for
an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized
over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually
the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service.
Net Loss per ShareNet Loss per Share Net loss per common share is computed by dividing
net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260,
“Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income
by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are
determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding.
Recent Accounting PronouncementsRecent Accounting Pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases
(Topic 842), which establishes a new lease accounting model for lessees. The updated guidance requires an entity to recognize assets and
liabilities arising from financing and operating leases, along with additional qualitative and quantitative disclosures. The amended guidance
is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018, with early adoption permitted.
In March 2019, the FASB issued ASU 2019-01, Codification Improvements, which clarifies certain aspects of the new lease standard.
The FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases in July 2018. Also in 2018, the FASB issued ASU 2018-11,
Leases (Topic 842) Targeted Improvements, which provides an optional transition method whereby the new lease standard is applied
at the adoption date and recognized as an adjustment to retained earnings. The amendments have the same effective date and transition
requirements as the new lease standard. We adopted ASC 842 on October 31, 2020. The adoption
of this guidance did not have any impact on our financial statements because we have no leases.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)Apr. 30, 2021Oct. 31, 2020
Accounting Policies [Abstract]
Working capital deficit $ (5,775)
Cash0 $ 0
Accumulated deficit $ (704,381) $ (598,606)

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)1 Months Ended3 Months Ended6 Months Ended
Mar. 31, 2021Apr. 30, 2021Apr. 30, 2021Oct. 31, 2020
Common stock, authorized75,000,000 75,000,000 75,000,000
Common stock, par value $ 0.001 $ 0.001 $ 0.001
Common stock, issued10,335,924 10,335,924 10,335,924
Common stock, outstanding10,335,924 10,335,924 10,335,924
Preferred stock, authorized10,000,000 10,000,000 10,000,000
Preferred stock, par value $ 0.001 $ 0.001 $ 0.001
Stock-based compensation expense $ 83,834
Mr. Lazar
Due to related party $ 16,166 $ 9,220
Series A Preferred Stock [Member]
Preferred stock, authorized10,000,000
Preferred stock, par value $ 0.001

NOTES PAYABLE-RELATED PARY (Det

NOTES PAYABLE-RELATED PARY (Details Narrative) - USD ($)1 Months Ended6 Months Ended
Mar. 31, 2021Apr. 30, 2021Oct. 31, 2020Jan. 31, 2020
Notes payable related parties $ 5,775 $ 0
Mr. Lazar
Notes payable related parties $ 5,775
Due to related party $ 16,166 $ 9,220