5. Related Party Transactions	12 Months Ended
Oct. 31, 2013
Notes
5. Related Party Transactions	5. Related Party Transactions Sale of Common Stock On October 24, 2012, the Company sold 10,000,000 shares of its common stock to the president of the Company for $10,000 at a per share cash price of $0.001. Conflict of Interest Policy The president of the Company, who is also the sole shareholder and Board Member of the Company, is from time to time involved in other business activities and may, in the future, become involved in other business opportunities that become available. He may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts. Office Lease The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the president and sole shareholder of the Company to use at no charge. Related Party Note Payable On December 19, 2012, the president and sole shareholder of the Company loaned the Company $10,000. The loan is evidenced by an unsecured demand promissory note payable. The note payable was originally due on demand or December 14, 2013, whichever was first, and did not bear interest. In December 2013, prior to the due date, the note payable was amended to make all principal and interest due and payable on December 14, 2014. The amended note payable bears interest at a rate of 5% per annum from the amendment date. As a result of the amendment, the related party note payable is presented as a non-current liability at October 31, 2013. Shareholder Advance In February 2013, the Company's president and sole shareholder advanced $1,500 to the Company to pay for S-1 filing fees. The amount remains unpaid as a related party current liability, is due on demand, and is not interest bearing.

5. Related Party Transactions

12 Months Ended

Oct. 31, 2013

5. Related Party Transactions

Sale of Common Stock

On October 24, 2012, the Company sold 10,000,000 shares of its common stock to the president of the Company for $10,000 at a per share cash price of $0.001.

Conflict of Interest Policy

The president of the Company, who is also the sole shareholder and Board Member of the Company, is from time to time involved in other business activities and may, in the future, become involved in other business opportunities that become available. He may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

Office Lease

The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the president and sole shareholder of the Company to use at no charge.

Related Party Note Payable

On December 19, 2012, the president and sole shareholder of the Company loaned the Company $10,000. The loan is evidenced by an unsecured demand promissory note payable. The note payable was originally due on demand or December 14, 2013, whichever was first, and did not bear interest. In December 2013, prior to the due date, the note payable was amended to make all principal and interest due and payable on December 14, 2014. The amended note payable bears interest at a rate of 5% per annum from the amendment date. As a result of the amendment, the related party note payable is presented as a non-current liability at October 31, 2013.

Shareholder Advance

In February 2013, the Company's president and sole shareholder advanced $1,500 to the Company to pay for S-1 filing fees. The amount remains unpaid as a related party current liability, is due on demand, and is not interest bearing.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References+ Details

Global Tech Solutions, Inc. 10-K/A