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Notes Payable
3 Months Ended
Oct. 31, 2023
Debt Disclosure [Abstract]  
Notes Payable

Note 4 – Notes Payable

 

The following represents a summary of the Company’s note payable at October 31, 2023 and July 31, 2023:

 

Issue Date  Maturity  Interest   Default      October 31,   July 31, 
Date  Date  Rate   Interest Rate   Collateral  2023   2023 
                       
August 2023  August 2024   10%   20%  Unsecured  $150,000   $     - 
                   $150,000   $- 

 

The Company had the following activity related to its note payable during the three months ended October 31, 2023:

 

Balance - July 31, 2023  $- 
Proceeds   150,000 
Balance - October 31, 2023  $150,000