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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 31, 2021
Jul. 31, 2020
Current assets    
Cash $ 204,545 $ 18,281
Investment securities 42,608 10,436
Other prepaid expenses and current assets 4,540 2,945
Total current assets 251,693 31,662
Intellectual property 300 300
Project development costs, including $103,944 and $51,500 with related parties, at January 31, 2021 and July 31, 2020, respectively 3,046,634 134,413
Total assets 3,298,627 166,375
Current liabilities    
Accounts payable and accrued expenses 145,325 170,972
Compensation and related expenses payable, including $285,000 and $90,000 to a related party at January 31, 2021 and July 31, 2020, respectively 322,370 120,317
Payable for rescinded stock subscription receivable 60,000
Unsecured promissory notes payable to related party, including accrued interest payable of $6,365 at January 31, 2021 866,365
Convertible promissory note payable, including accrued interest payable of $427, at July 31, 2020 25,427
Total current liabilities 1,394,060 316,716
Non-current liabilities:    
Secured multiple advance promissory note payable to related party, including accrued interest payable of $27,444 at January 31, 2021 1,027,444
Convertible promissory note payable, net of discount on debt, including accrued interest payable of $1,877 at January 31, 2021 57,297
Total liabilities 2,478,801 316,716
Stockholders' deficiency:    
Preferred Stock, $0.0001 par value; authorized - 20,000,000 shares; issued and outstanding - 1,434 shares ; Series B preferred stock, $0.0001 par value; authorized - 2,000,000 shares; issued and outstanding - 1,347 shares 202 202
Common stock, $0.0001 par value; authorized - 200,000,000 shares; issued and outstanding - 121,270,171 shares and 96,691,761 shares at January 31, 2021 and July 31, 2020, respectively 12,127 9,669
Additional paid-in capital 3,357,356 1,456,644
Common stock subscription receivable, related party (482,600) (550,000)
Accumulated deficit (2,067,331) (1,066,928)
Total stockholders’ equity (deficiency) 819,826 (150,341)
Total liabilities and members' equity 3,298,627 166,375
Series B Preferred Stock    
Stockholders' deficiency:    
Preferred Stock, $0.0001 par value; authorized - 20,000,000 shares; issued and outstanding - 1,434 shares ; Series B preferred stock, $0.0001 par value; authorized - 2,000,000 shares; issued and outstanding - 1,347 shares $ 72 $ 72