NOTE PAYABLE, RELATED PARTY	3 Months Ended
Oct. 31, 2024
Note Payable Related Party
NOTE PAYABLE, RELATED PARTY	NOTE 6 - NOTE PAYABLE, RELATED PARTY On June 12, 2024, we issued a Promissory Note to Platinum Equity Advisors, LLC, a related party (the “Platinum Note”), in the principal amount of $410,207. The Platinum Note is unsecured and bears interest at 10% per annum. The principal amount of the note plus accrued interest of $20,510 is due in a single lump sum payment on December 12, 2024. We incurred no issuance cost on the transaction and the proceeds were used to refinance an existing promissory note issued to Platinum Equity Advisors, LLC on June 12, 2024. At October 31, 2024, the principal balance of the Platinum Note remained $410,207 and accrued but unpaid interest on such date was $15,839. The accrued interest is included in Accounts payable and accrued expenses, related party on our consolidated balance sheets. The amounts and terms of the related party transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.

NOTE PAYABLE, RELATED PARTY

3 Months Ended

Oct. 31, 2024

NOTE 6 - NOTE PAYABLE, RELATED PARTY

On June 12, 2024, we issued a Promissory Note to Platinum Equity Advisors, LLC, a related party (the “Platinum Note”), in the principal amount of $410,207. The Platinum Note is unsecured and bears interest at 10% per annum. The principal amount of the note plus accrued interest of $20,510 is due in a single lump sum payment on December 12, 2024. We incurred no issuance cost on the transaction and the proceeds were used to refinance an existing promissory note issued to Platinum Equity Advisors, LLC on June 12, 2024. At October 31, 2024, the principal balance of the Platinum Note remained $410,207 and accrued but unpaid interest on such date was $15,839. The accrued interest is included in Accounts payable and accrued expenses, related party on our consolidated balance sheets. The amounts and terms of the related party transactions may not necessarily be indicative of the amounts and terms that would have been incurred had comparable transactions been entered into with independent third parties.