Income Taxes (Tables)

12 Months Ended

Jul. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Income Taxes

	July 31, 2022			July 31, 2021
Federal income tax benefit - 19.17% and 20.09%, respectively	$	(513,000	)	$	(5,000	)
State income tax - 4.458% and 4.35%, respectively		(114,000	)		(2,000	)
Tax effect of timing differences for income tax purposes		554,000			-
Non-deductible items		13,000			-
Subtotal		(60,000	)		(7,000	)
Change in valuation allowance		60,000			7,000
Income tax benefit	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities at July 31, 2022 and 2021, respectively, are approximately as follows:

	July 31, 2022			July 31, 2021
Deferred Tax Assets
Amortization of intangible asset	$	13,000		$	-
Amortization of website		1,000			-
Share based payments		540,000			-
Change in fair value of derivative liabilities		-			-
Net operating loss carryforwards		(98,000	)		(38,000	)
Total deferred tax assets		456,000			38,000
Less: valuation allowance		(456,000	)		(38,000	)
Net deferred tax asset recorded	$	-		$	-