Thats because they listed it as unpaid advances and not debt. SMH Just an FYI, its still debt.
NOTE 4 - RELATED PARTY TRANSACTIONS During the three months ended April 30, 2022 and 2021, Mr. Massimo Travagli, our CFO and a director, and World International Services LLC (“WIS”), a company controlled by Mr. Travagli, provided funding for operations in the
amount of $6,836 and $14,415, respectively. Mr. Travagli provides consulting and management services to the Company and is a shareholder, officer and/or director of various companies with which the Company is currently
finalizing acquisitions. Mr. Travagli is currently the majority shareholder of the Company as a result of his ownership of 2,500,000 shares of Series A Preferred Stock. As at April 30, 2022 and January 31, 2022, Mr. Travagli and WIS were owed a total of $291,026 and $284,190, respectively, which is reflected on the balance sheets as “Advances payable related party”.