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Notes Payable – Related Parties (Tables)
3 Months Ended
Oct. 31, 2023
Notes Payable Related Parties  
Schedule of Notes Payable Related Parties

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

 

Issue Date

Date

 

Maturity

Date

 

Interest

Rate

  

Default

Interest Rate

   Collateral  Related Party  October 31, 2023   July 31, 2023 
                          
August 2023  August 2024   10%   20%  Unsecured  Chief Executive Officer/Director  $40,000   $- 
August 2023  August 2024   10%   20%  Unsecured  President/Director   40,000      - 
                      $80,000   $- 
Schedule of Activity Related to Note Payable Related Parties

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

 

Balance - July 31, 2023  $- 
Proceeds   80,000 
Balance - October 31, 2023  $80,000