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Loan Payable
12 Months Ended
Jul. 31, 2017
Notes to Financial Statements  
Loan Payable

Note 7 – Loan Payable

 

In May 2016, the Company borrowed $50,000 from a lender (“Demand Note”). This unsecured note bore interest at 9% per annum and was due on demand In March 2017, this note was cancelled upon issuance of a new convertible note payable (See Note 8).