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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Apr. 30, 2021
Jul. 31, 2020
Current assets    
Cash $ 18,281
Investment securities 733,998 10,436
Other prepaid expenses and current assets 11,785 2,945
Total current assets 745,783 31,662
Property and equipment, net 12,327
Intellectual property 42,457 300
Project development costs, including $128,667 and $51,500 with related parties, at April 30, 2021 and July 31, 2020, respectively 3,337,396 134,413
Total assets 4,137,963 166,375
Current liabilities    
Bank overdraft 10,211
Accounts payable and accrued expenses 192,392 170,972
Compensation and related expenses payable, including $360,000 and $90,000 to a related party, at April 30, 2021 and July 31, 2020, respectively 401,551 120,317
Deferred revenue 11,613
Payable for rescinded stock subscription receivable 60,000
Unsecured promissory notes payable to related party, including accrued interest payable of $13,325, at April 30, 2021 918,325
Convertible promissory note payable, including accrued interest payable of $427, at July 31, 2020 25,427
Total current liabilities 1,594,092 316,716
Non-current liabilities:    
Secured multiple advance promissory note payable to related party, including accrued interest payable of $52,166, at April 30, 2021 1,052,166
Convertible promissory note payable, net of discount on debt, including accrued interest payable of $3,096, at April 30, 2021 65,374
Total liabilities 2,711,632 316,716
Stockholders' deficiency:    
Preferred Stock, $0.0001 par value; authorized - 20,000,000 shares; issued and outstanding - 1,434 shares; Series B preferred stock, $0.0001 par value; authorized - 2,000,000 shares; issued and outstanding - 1,347 shares 202 202
Common stock, $0.0001 par value; authorized - 200,000,000 shares; issued and outstanding - 126,270,171 shares and 96,691,761 shares at April 30, 2021 and July 31, 2020, respectively 12,627 9,669
Additional paid-in capital 3,879,095 1,456,644
Common stock subscription receivable, related party (482,600) (550,000)
Accumulated deficit (1,983,065) (1,066,928)
Total stockholders’ equity (deficiency) 1,426,331 (150,341)
Total liabilities and members' equity 4,137,963 166,375
Series B Preferred Stock    
Stockholders' deficiency:    
Preferred Stock, $0.0001 par value; authorized - 20,000,000 shares; issued and outstanding - 1,434 shares; Series B preferred stock, $0.0001 par value; authorized - 2,000,000 shares; issued and outstanding - 1,347 shares $ 72 $ 72