Stockholders’ Deficit

3 Months Ended

Oct. 31, 2023

Equity [Abstract]

Stockholders’ Deficit

Note 6 – Stockholders’ Deficit

The Company has two (2) classes of stock at October 31, 2023 and July 31, 2023:

Class A Common Stock

- 10,000,000,000 shares authorized

- Par value - $0.0001

- Voting at 1 vote per share

Series A Preferred Stock

- 200,000 shares authorized

- 58,415 and 35,520 issued and outstanding, respectively

- Par value - $0.0001

- Conversion ratio – 1 share of Series A converts into 1,000 shares of common stock (58,415,000 and 35,520,000 shares, respectively)

- Voting on an if converted basis of 1,000 votes per share

- Eligible for dividends/distributions if declared by the Board of Directors

- Liquidation preference - none

Equity Transactions for the Three Months Ended October 31, 2023

Stock Issued for Services

The Company issued 704,644 shares of common stock for services rendered, having a fair value of $202,679 ($0.2479 - $0.44/share), based upon the quoted closing trading price.

Equity Transactions for the Year Ended July 31, 2023

Stock Issued for Cash – Related Parties

The Company issued 22,895 shares of preferred stock to certain officers and directors for $15,264 ($0.6667/share).

Stock Issued for Cash

The Company issued 1,637,500 shares of common stock for $370,000 ($0.20 - $0.40/share).

Also see Note 10 for warrants issued in connection with the sale of certain common stock units, which consisted of 1,425,000 shares of common stock and 1,425,000 warrants.

Stock Issued for Services

The Company issued 655,000 shares of common stock for services rendered, having a fair value of $302,350 ($0.35 - $0.498/share), based upon the quoted closing trading price.

Contributed Capital – Related Parties

Certain officers and directors contributed $2,116 on behalf of the Company for operating expenses.