INVESTMENT IN MARKETABLE SECURITIES

3 Months Ended

Oct. 31, 2020

Cash and Cash Equivalents [Abstract]

INVESTMENT IN MARKETABLE SECURITIES

4. INVESTMENT IN MARKETABLE SECURITIES

On April 13, 2020, in conjunction with the reverse acquisition (see Notes 1 and 3), the Company recorded an initial investment in marketable securities as presented below.

The Company’s investment in marketable securities consists primarily of corporate equities with a quoted market price that are classified as trading securities at October 31, 2020 and July 31, 2020. Marketable securities are stated at fair value as determined by the closing price of each security at each balance sheet date. Unrealized gains and losses on these securities are included in operations for the applicable period.

							Change in
							Fair Value
							For the
	Number						Three Months
	of		Fair Value at				Ended
	Shares		July 31, 2020		October 31, 2020		October 31, 2020
Common Shares of Entest Group, Inc. (ENTI)		66,667	$	260	$	526	$	267
Common Shares of Regen Biopharma, Inc. (RGBP)		29,076,665		5,814		11,630		5,815
Series A Preferred Shares of Regen Biopharma, Inc. (RGBPP)		2,907,666		4,362		4,362		-
Total			$	10,436	$	16,518	$	6,082