XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 31, 2020
Jul. 31, 2019
Current Assets    
Cash and cash equivalents $ 15,452 $ 298,485
Accounts receivable, net 164,871 36,311
Inventory, net 742,256 363,008
Other current assets 332,268 275,731
Total Current Assets 1,254,847 973,535
Property and equipment 213,668 499,993
Goodwill 34,489,342 38,297,573
Intangible assets 9,365,526 9,834,269
Operating lease right-of-use assets - net 38,140 0
Other assets, net 21,421 30,621
TOTAL ASSETS 45,382,944 49,635,991
Current Liabilities    
Accounts payable and accrued expenses 23,907,718 14,684,060
Notes payable - current, net of discount 10,666,703 8,368,379
Payable to foundation for services 1,315,817 1,315,817
Interest payable to foundation 3,911,141 3,055,945
Loans from related parties 29,700 19,700
Operating lease liabilities - current 38,253 0
Deferred tax liability 1,502,122 1,502,122
Total Current Liabilities 41,371,454 28,946,023
Notes payable - noncurrent, net of discount 499,656 0
Derivative liability 1,316,757 7,820,283
Common stock payable 10,079,449 1,123,188
Total Liabilities 53,267,316 37,889,494
Redeemable non-controlling interest (Note 7) 4,073,898 4,073,898
Commitments and contingencies (Note 3) 0 0
Stockholders' equity (deficiency)    
Common stock, $0.001 par value; authorized 750,000,000 shares; 82,251,801 and 78,608,419 issued and outstanding at July 31, 2020 and July 31, 2019, respectively 82,251 78,608
Additional paid-in capital 429,744,379 408,550,211
Accumulated deficit (452,062,905) (418,727,875)
Accumulated other comprehensive income 780,296 797,216
Non-controlling interest 9,497,709 16,974,439
Total Stockholders' Equity (Deficiency) (11,958,270) 7,672,599
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY) 45,382,944 49,635,991
Series A Cumulative Redeemable Perpetual Preferred Stock    
Stockholders' equity (deficiency)    
Convertible Preferred Stock $ 0 $ 0