PROJECT IN PROGRESS	9 Months Ended
Aug. 31, 2024
Other Liabilities Disclosure [Abstract]
PROJECT IN PROGRESS	NOTE 5 – PROJECT IN PROGRESS During the fiscal year 2022, the Company was developing and implementing a cryptocurrency wallet project. The initial estimated cost of the project was $255,800, of which $77,000 had been completed and capitalized as of November 30, 2022, as shown in Note 6. The Company has divested the cryptocurrency wallet in October 2023 due to unforeseen higher costs and resource demands than initially anticipated. The cryptocurrency wallet was sold for $241,390 in October 2023. The gain on the sale of the wallet was $18,890. Therefore, the Company decided to focus on the development of a new project. Commencing from September 2023, the Company has initiated the development of a new expense planner mobile application “Expense Minder”. The Expense Minder will serve as a user-friendly mobile application, designed to empower individuals in the effective management of their finances. The Company is developing the MoneySaver App. The estimated cost of the project is $26,645, of which $26,645 has been completed and capitalized as of August 31, 2024 and November 30, 2023, as shown in Note 6. On November 30, 2023, Ankam, Inc. completed the transfer of certain assets of the Company to its wholly-owned subsidiary, Ankam LLC. The assets transferred include 100% of the ownership interests of MoneySaverApp, an application created to aggregate various discount cards on mobile device.

PROJECT IN PROGRESS

9 Months Ended

Aug. 31, 2024

Other Liabilities Disclosure [Abstract]

NOTE 5 – PROJECT IN PROGRESS

During the fiscal year 2022, the Company was developing and implementing a cryptocurrency wallet project. The initial estimated cost of the project was $255,800, of which $77,000 had been completed and capitalized as of November 30, 2022, as shown in Note 6. The Company has divested the cryptocurrency wallet in October 2023 due to unforeseen higher costs and resource demands than initially anticipated. The cryptocurrency wallet was sold for $241,390 in October 2023. The gain on the sale of the wallet was $18,890. Therefore, the Company decided to focus on the development of a new project. Commencing from September 2023, the Company has initiated the development of a new expense planner mobile application “Expense Minder”. The Expense Minder will serve as a user-friendly mobile application, designed to empower individuals in the effective management of their finances.

The Company is developing the MoneySaver App. The estimated cost of the project is $26,645, of which $26,645 has been completed and capitalized as of August 31, 2024 and November 30, 2023, as shown in Note 6. On November 30, 2023, Ankam, Inc. completed the transfer of certain assets of the Company to its wholly-owned subsidiary, Ankam LLC. The assets transferred include 100% of the ownership interests of MoneySaverApp, an application created to aggregate various discount cards on mobile device.

Ankam, Inc. 10-Q