RELATED PARTY TRANSACTIONS	12 Months Ended
Nov. 30, 2016
Notes to Financial Statements
NOTE 5 - RELATED PARTY TRANSACTIONS	In support of the Company's efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. On November 30, 2015, the Company owed the former Director and President of the Company, $3,686, which was advanced to the Company, for operating expenses. On April 5, 2016, the total balance of $3,686, owing to the retiring Director and President, was forgiven and transferred to additional paid in capital, along with an additional $1,500 that was subsequently advanced. On April 13, 2016, in connection with the purchase and sale of a majority of the Company’s outstanding shares of common stock, Vladislav Emolovich resigned from all positions held, after appointing Dominic Chappell as the Company’s sole officer and director. On May 6, 2016, and subsequently through November 30, 2016, the current sole Officer and Director made unsecured, non-interest bearing cash advances, to pay operating costs, to the Company, in the amount of $35,043. The entire balance remained unpaid at November 30, 2016.

RELATED PARTY TRANSACTIONS

12 Months Ended

Nov. 30, 2016

In support of the Company's efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note.

On November 30, 2015, the Company owed the former Director and President of the Company, $3,686, which was advanced to the Company, for operating expenses. On April 5, 2016, the total balance of $3,686, owing to the retiring Director and President, was forgiven and transferred to additional paid in capital, along with an additional $1,500 that was subsequently advanced.

On April 13, 2016, in connection with the purchase and sale of a majority of the Company’s outstanding shares of common stock, Vladislav Emolovich resigned from all positions held, after appointing Dominic Chappell as the Company’s sole officer and director.

On May 6, 2016, and subsequently through November 30, 2016, the current sole Officer and Director made unsecured, non-interest bearing cash advances, to pay operating costs, to the Company, in the amount of $35,043. The entire balance remained unpaid at November 30, 2016.

Global Smart Capital Corp. 10-K