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Equity
9 Months Ended
Apr. 30, 2024
Equity [Abstract]  
EQUITY

NOTE 12 – EQUITY

 

During the nine months ended April 30, 2024, the Company issued 990,000 shares of common stock as consideration for the extension of maturity dates for the convertible promissory notes. The Company recognized the fair market value of the common shares of approximately $42,000 as interest at the time of each extension.

 

During the nine months ended April 30, 2024, the Company issued 6,505,841 shares of common stock in connection with the conversion of $315,870 of convertible promissory notes.

 

During the nine months ended April 30, 2024, the Company issued 10,051,678 shares of common stock to various Noteholders for the exchange of 17,241,721 warrants.

 

During the nine months ended April 30, 2024, one of our vendors converted $120,000 of amounts owed to them by the Company into 1,255,230 shares of common stock.