10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q/A

Amendment No. 1 to Form 10-Q

☒   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended January 31, 2024

or

☐   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to __________

Commission file number: 000-50693

Leopard Energy, Inc.

(Exact name of registrant as specified in its charter)

Nevada	90-0314205
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

Via Tomaso Rodari 6, Lugano, Switzerland 6900

(Address of principal executive offices) (Zip Code)

+41 791595013

Registrant’s telephone number, including area code

Cyber Apps World, Inc.

(Former name, former address and former fiscal year, if changed since last report)

Securities registered under Section 12(b) of the Exchange Act:

None

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☐   No ☒

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☐   No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐   No ☒

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

1,272,917 shares of common stock are issued and outstanding as of June 28, 2024.

Table of Contents
INDEX		Page
PART I	FINANCIAL INFORMATION	3
Item 1.	Condensed Consolidated Financial Statements	4
	Unaudited Condensed Consolidated Balance Sheets as of January 31, 2024 and July 31, 2023	4
	Unaudited Condensed Consolidated Statements of Comprehensive Loss for the three and six months ended January 31, 2024 and 2023	5
	Unaudited Condensed Consolidated Statements of Stockholders’ Equity for the six months ended January 31, 2024 and 2023	6
	Unaudited Condensed Consolidated Statements of Cash Flows for the six months ended January 31, 2024 and 2023	7
	Notes to the Unaudited Condensed Consolidated Financial Statements	8
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	19
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	22
Item 4.	Controls and Procedures	22
PART II	OTHER INFORMATION	23
Item 1.	Legal Proceedings	23
Item 1A.	Risk Factors	23
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	23
Item 3.	Defaults Upon Senior Securities.	23
Item 4.	Mine Safety Disclosures	23
Item 5.	Other Information	23
Item 6.	Exhibits	24
SIGNATURES		25

2

PART I FINANCIAL INFORMATION

As used in this Form 10-Q/A (this “Report”), and unless otherwise indicated, the terms “the Company,” “we,” “us” and “our” refer to Leopard Energy, Inc. f/k/a Cyber Apps World Inc

EXPLANATORY NOTE

In a Form 10-K/A filed with the Securities and Exchange Commission (the “SEC”) on December 15, 2023, the Company, disclosed that it had recently learned that, despite representations and statements to the contrary, Ahmed & Associates, P.C. (“AAPC”), the accounting firm that the Company had retained as its independent registered accounting firm with respect to the audit of its financial statements for the year ended July 31, 2023, was not registered with the Public Company Accounting Oversight Board (the “PCAOB”), as required by the rules and regulations adopted by the SEC. In addition, in January 2024, the PCAOB revoked the registration of Jack Shama, CPA, the accounting firm that had audited the Company’s financial statements for the year ended July 31, 2022.  Accordingly, on April 17, 2024, the Company filed an additional Form 10-K/A further its Annual Report on Form 10-K for the year ended July 31, 2023 to include financial statements for the years ended July 31, 2023 and July 31, 2022, which were audited by a PCAOB registered accounting firm. As a result thereof, the Company is restating in this Report, its financial statements for the three and six months ended January 31, 2024 and 2023.

PART I FINANCIAL INFORMATION

Certain information and footnote disclosures required under accounting principles generally accepted in the United States of America have been condensed or omitted from the following financial statements pursuant to the rules and regulations of the Securities and Exchange Commission. It is suggested that the following financial statements be read in conjunction with the year-end financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended July 31, 2023, as amended by a Form 10-K/A filed on December 15, 2023 and a Form 10-K/A filed on April 17, 2024. In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature.

The results of operations for the three and six months ended January 31, 2024, are not necessarily indicative of the results for the entire fiscal year or for any other period.

3

LEOPARD ENERGY, INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

As of January 31, 2024 and July 31, 2023

	January 31,			July 31,
	2024			2023
	(Unaudited and Restated)
	$			$
Current assets:
Cash	$	5,698		$	3
Deposits & prepayments		3,561			-
Total current assets		9,259			3
Other assets:
Lavaca Country Texas Producing Asset		39,280			-
Total other assets		39,280			-
Total Assets	$	48,539		$	3
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities	$	98,884		$	123,309
Total current liabilities		98,884			123,309
Long term liabilities:
Convertible notes payable		-			179,150
Loan payable		-			13,134
Total non-current liabilities		-			192,284
Total Liabilities		98,884			315,593
STOCKHOLDER’S DEFICIT
Preferred stock: $0.001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,		100			100
Common stock: $0.001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively		1,272			1,272
Additional paid in capital		11,475,987			11,155,185
Accumulated deficit		(11,527,704	)		(11,472,147	)
Total Stockholder’s Deficit		(50,345	)		(315,590	)
Total Liabilities and Stockholder’s Deficit	$	48,539		$	3

(The accompanying notes are an integral part of the unaudited condensed consolidated financial statements)

4

LEOPARD ENERGY, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

For the three and six month periods ended January 31, 2024 and 2023 (Restated)

	For the three month period ended						For the six month period ended
	January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)			January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		(32,726	)		(38,447	)		(75,243	)		(62,205	)
Negotiating expenses		(1,235	)		-			(25,465	)		-
Total operating expenses		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Operating loss		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Other income (expense)
Write off convertible notes		-			-			8,423			-
Write off loan payable		-			-			13,134			-
Write off loan payable		-			-			26,619			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		(3,025	)		-			45,151			-
Net loss		(36,986	)		(38,447	)		(55,557	)		(62,205	)
Net loss per share – basic and diluted		(0.03	)		(0.04	)		(0.04	)		(0.06	)
Weighted average shares outstanding – basic and diluted		1,272,917			1,059,608			1,272,917			1,057,512

(The accompanying notes are an integral part of the unaudited condensed consolidated financial statements)

5

LEOPARD ENERGY, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

For the six-month periods ended January 31, 2024 and 2023 (Restated)

	Common Stock						Preferred Stock						Paid in		Accumulated
	Number			Par Value			Share			Par Value			Capital		Deficit			Total
				$						$			$		$			$
Opening balance as of July 31, 2022		961,448			961			-			-			11,123,597		(11,323,253	)		(198,695	)
Issuance of Common stock from convertible notes conversion		98,160			98						-			23,388		-			23,486
Issuance of Common Stock		37,079			37			-			-			-		-			37
Cancellation of Common shares		(37,079	)		(37	)					-			-		-			(37	)
Net Loss		-			-			-			-			-		(23,758	)		(23,758	)
Closing Balance as of October, 2022		1,059,608			1,059			-			-			11,146,985		(11,347,011	)		(198,967	)
Issuance of Common Stock		2,034			2			-			-			-		-			2
Issuance of Preferred stock								300,000			300			-		-			300
Cancellation of Preferred stock								(200,000	)		(200	)		-		-			(200	)
Net Loss																(38,447	)		(38,447	)
Closing Balance as of January 31, 2023		1,061,642			1,061			100,000			100			11,146,985		(11,385,458	)		(237,312	)
Balance as of July 31, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)
Additional paid in capital		-			-			-			-			266,444		-			266,444
Net Loss		-			-			-			-			-		(18,571	)		(18,571	)
Closing Balance as of October, 2023		1,272,917			1,272			100,000			100			11,421,629		(11,490,718	)		(67,717	)
Additional paid in capital														54,358					54,358
Net Loss																(36,986	)		(36,986	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000			100			11,475,987		(11,527,704	)		(50,345	)

(The accompanying notes are an integral part of the unaudited condensed consolidated financial statements)

6

LEOPARD ENERGY, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

For the six month periods ended January 31, 2024 and 2023 (Restated)

	For the six months ended January 31,
	2024			2023
	(Unaudited and Restated)			(Unaudited and Restated)
Cash flows from operating activities		$			$
Net loss for the period		(55,557	)		(77,205	)
Adjustments to reconcile net loss to cash used in operating activities:
Convertible Notes Write off		(8,423	)		-
Loan Payable write off		(13,134	)		-
Accounts payable write off		(26,619	)		-
Original initial discount and legal processing fees		-			19,340
Change in operating assets and liabilities
Deposits & prepayments		(3,561	)		-
Accounts payable and accrued liabilities		19,194			(3,785	)
Due to parent-operating expenses		88,075
Net cash provided from (used in) operating activities		(25	)		(61,650	)
Cash flows from investing activities
Lavaca County Texas Producing Asset		(39,280	)		-
Software Development		-			(51,942	)
Net cash used in investing activities		(39,280	)		(51,942	)
Cash flows from financing activities
Change in convertible notes payable		-			102,436
Proceeds from loan		-			22,000
Loan Repayment		-			(11,000	)
Proceeds from issuance of preferred shares		-			100
Proceeds from issuance of common shares		-			-
Proceeds from additional paid in capital		45,000			-
Net cash provided by financing activities		45,000			113,536
Change in Cash		5,695			(56	)
Cash – beginning of period		3			320
Cash – end of period		5,698			264
Supplemental cash flow disclosures
Cash paid for:
Interest		-			-
Income tax		-			-
Non-Cash Activities:
Shareholder contribution converted from due to parent balance		275,802			-

(The accompanying notes are an integral part of the unaudited condensed consolidated financial statements)

7

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

As of and for the three and six months ended January 31, 2024 and 2023

Note 1. Organization and Business

Cyber Apps World Inc. (the “Company”), following the merger with the Company's wholly owned subsidiary on April 9, 2015, (formed for the sole purpose of merging with its parent), has been engaged in the development of mobile applications focusing on allowing users around the world to save money on products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or mobile devices, including smartphones. The Company have not been successful in developing revenue from operations.

Since its acquisition of a controlling interest in August 2023, Zenith Energy Ltd. (“Zenith Energy”), the Company’s controlling stockholder, the Company will expand its business into the energy sector.

The Company has filed an Amendment to its Articles of Incorporation (the “Amendment”) with the Secretary of State of Nevada, changing its name from “Cyber Apps World Inc.” to “Leopard Energy, Inc.” effective April 26, 2024.

Note 2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited interim financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

The accompanying unaudited condensed consolidated financial statements include the accounts of Leopard Energy, Inc, (formerly known as Cyber Apps World Inc.) (the “Company”). These financial statements are condensed and, therefore, do not include all disclosures normally required by accounting principles generally accepted in the United States of America. Therefore, these statements should be read in conjunction with the most recent annual financial statements of The Company for the year ended July 31, 2023, included in the Company’s Form 10-K filed with the Securities and Exchange Commission. In particular, the Company’s significant accounting principles were presented as Note 2 to the Financial Statements in that report. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying interim condensed financial statements and consist of only normal recurring adjustments. The results of operations presented in the accompanying interim condensed financial statements are not necessarily indicative of the results that may be expected for the full year ending July 31, 2024.

Going Concern

The accompanying unaudited interim consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

As reflected in the accompanying unaudited interim financial statements for the six months ended January 31, 2024, the Company incurred net loss of $55,557. The Company did not have any revenue during the six months ended January 31, 2024. As of January 31, 2024, the Company had accumulated deficit of $ 11,527,704 and a working capital deficit of $ 89,625. Management believes these factors raise substantial doubt about the Company’s ability to continue as a going concern for the next twelve months.

8

The Company’s financial statements for the three and six months ended January 31, 2024, have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. The Company did not generate any revenue during the three and six months ended January 31, 2024.

Management recognized that the Company’s continued existence is dependent upon its ability to obtain needed working capital through additional equity and/or debt financing and revenue to cover expenses as the Company continues to incur losses. Since its incorporation, the Company has financed its operations through advances from its controlling shareholders, third-party convertible debt, and the sale of its common stock. Management’s plans are to finance operations through the sale of equity or other investments for the foreseeable future, as the Company does not receive significant revenue from its business operations. There is no guarantee that the Company will be successful in arranging financing on acceptable terms.

The Company’s ability to raise additional capital is affected by trends and uncertainties beyond its control. The Company does not currently have any arrangements for financing, and it may not be able to find such financing if required. Obtaining additional financing would be subject to a number of factors, including investor sentiment. Market factors may make the timing, amount, terms or conditions of additional financing unavailable to it. These uncertainties raise substantial doubt about the ability of the Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Since its acquisition of a controlling interest in August 2023, Zenith Energy Ltd. (“Zenith Energy”), the Company’s controlling stockholder, has provided approximately $276,000 in working capital on behalf of the Company and also put in $45,000 paid in capital. Zenith Energy has indicated that intends to continue to finance CYAP and its expansion into the energy sector, pending the receipt of additional financing.

The Company’s significant accounting policies are summarized in Note 2 of the Company’s Annual Report on Form 10-K for the year ended July 31, 2023. There were no significant changes to these accounting policies during the three and six months ended January 31, 2024, and the Company does not expect that the adoption of other recent accounting pronouncements will have a material impact on its financial statements.

Restatement of previously issued consolidated financial statements

The Company identified series of misstatements and restated its previously issued financial statements for the years ended July 31, 2023 and 2022 in the Form 10-K filed with SEC on April 17, 2024. Accordingly, the Company has restated the accompanying unaudited consolidated financial statements for the six-month ended January 31,2024 and 2023 that were previously included in the Form 10-Q filed with the SEC on March 22, 2024.

The restatement primarily relates to equity retrospectively restatement, convertible bonds redemption liability and liabilities write off upon controlling interest transfer in August 2023.

Major Restatement Background

In October 2022, the shareholders representing a majority of the Company's issued voting shares, as well as the Company's Board of Directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock.  Common stock, additional paid-in capital and per share data was not presented on a retroactive basis to reflect the reverse stock split in previously filed 10-K. The Company corrected the Changes in Shareholder’s Equity to retrospectively state the movement.

Subsequently on August 23, 2023, the original major shareholder, JanBella Group, LLC, sold the 100,000 Series A Preferred Shares it held to Zenith Energy Ltd. for consideration of approximately $398,400. In the change in control transaction, Zenith Energy acquired 99.87% of the voting power of the Company. Upon the share transfer, Zenith Energy bear the settlement for all existing convertible promissory notes and also partial accounts payable balance, the remining liabilities balance will be written off per controlling interest transfer. The Company previously recorded the redemption of convertible promissory notes and payment of accounts payable balance by Zenith Energy as other income. After reassessing the situation, the Company corrected the mistake to record the portion paid by Zenith Energy as a paid in capital from shareholder.

9

The impact of restatement

The following table summarized the effect of the restatement on each financial statement line items as of and for the six-month ended January 31, 2023 and 2022, as indicated:

Summary of restatement – unaudited condensed consolidated balance sheets

	As of  January 31,
	2024			2024
	(Unaudited and Restated)			(Previously Filed)
	$			$
Current assets:
Cash	$	5,698		$	5,698
Deposits & prepayments		3,561			3,561
Total current assets		9,259			9,259
Other assets:
Lavaca Country Texas Producing Asset		39,280			39,280
Total other assets		39,280			39,280
Total Assets	$	48,539		$	48,539
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities	$	98,884		$	21,171
Total current liabilities		98,884			21,171
Long term liabilities:
Convertible notes payable		-			-
Loan payable		-			-
Total non-current liabilities		-			-
Total Liabilities		98,884			21,171
STOCKHOLDER’S DEFICIT
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,		100			100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively		1,272			1,272
Additional paid in capital		11,475,987			11,262,696
Accumulated deficit		(11,527,704	)		(11,236,700	)
Total Stockholder’s Deficit		(50,345	)		27,368
Total Liabilities and Stockholder’s Deficit	$	48,539		$	48,539

10

Summary of restatement – unaudited condensed consolidated statements of operations and comprehensive loss 

For the three and six month periods ended January 31, 2024 and 2023 (Restated)

	For the three month period ended						For the six month period ended
	January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)			January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		32,726	)		(38,447	)		(75,243	)		(62,205	)
Negotiating expenses		(1,235	)		-			(25,465	)		-
Total operating expenses		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Operating loss		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Other income (expense)
Write off convertible notes		-			-			8,423			-
Write off loan payable		-			-			13,134			-
Write off loan payable		-			-			26,619			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		(3,025	)		-			45,151			-
Net loss		(36,986	)		(38,447	)		(55,557	)		(62,205	)
Net loss per share – basic and diluted		(0.03	)		(0.04	)		(0.04	)		(0.06	)
Weighted average shares outstanding – basic and diluted		1,272,917			1,059,608			1,272,917			1,057,512

11

For the three and six month periods ended January 31, 2024 and 2023 (Previously Filed)

	For the three month period ended						For the six month period ended
	January 31, 2024			January 31, 2023			January 31, 2024			January 31, 2023
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		(7,168	)		(53,447	)		(75,243	)		(77,205	)
Write off Accounts payable		43,619			-			43,619			-
Write off Software		(488,696	)		-			(488,696	)		-
Negotiating expenses		(25,465	)		-			25,465	)		-
Total operating expenses		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Operating income (loss)		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Other income (expense)
Write off convertible notes		-			-			180,686			-
Write off loan payable		11,597			-			11,597			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		8,572			-			189,258			-
Net income (loss)		(469,138	)		(53,447	)		(356,527	)		(77,205	)
Net income (loss) per share – basic and diluted		(0.37	)		(0.00	)		(0.28	)		(0.00	)
Weighted average shares outstanding – basic and diluted		1,272,917			16,061,667			1,272,917			16,061,667

12

Summary of restatement – unaudited consolidated statement of changes in shareholders’ deficit

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

For the six-month periods ended January 31, 2024 and 2023 (Unaudited and Restated)

	Common Stock						Preferred Stock						Paid in		Accumulated
	Number			Par Value			Number			Par Value			Capital		Deficit			Total
				$						$			$		$			$
Opening balance as of July 31, 2022		961,448			961			-			-			11,123,597		(11,323,253	)		(198,695	)
Issuance of Common stock from convertible notes conversion		98,160			98						-			23,388		-			23,486
Issuance of Common Stock		37,079			37			-			-			-		-			37
Cancellation of Common shares		(37,079	)		(37	)					-			-		-			(37	)
Net Loss		-			-			-			-			-		(23,758	)		(23,758	)
Closing Balance as of October, 2022		1,059,608			1,059			-			-			11,146,985		(11,347,011	)		(198,967	)
Issuance of Common Stock		2,034			2			-			-			-		-			2
Issuance of Preferred stock								300,000			300			-		-			300
Cancellation of Preferred stock								(200,000	)		(200	)		-		-			(200	)
Net Loss																(38,447	)		(38,447	)
Closing Balance as of January 31, 2023		1,061,642			1,061			100,000			100			11,146,985		(11,385,458	)		(237,312	)
Opening balance as of July 31, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)
Additional paid in capital		-			-			-			-			266,444		-			266,444
Net Loss		-			-			-			-			-		(18,571	)		(18,571	)
Closing Balance as of October, 2023		1,272,917			1,272			100,000			100			11,421,629		(11,490,718	)		(67,717	)
Additional paid in capital														54,358					54,358
Net Loss																(36,986	)		(36,986	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000			100			11,475,987		(11,527,704	)		(50,345	)

13

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

 For the six-month periods ended January 31, 2024 and 2023 (Previously Filed)

											Additional			Shares
	Common Stock						Preferred Stock				paid in			to be		Accumulated
	Share			Value			Share		Value		Capital			issued		Deficit			Total
				$					$		$			$		$			$
Opening balance as of July 31, 2022		807,616,147			444,701			100,000		100		10,654,292			-		(10,882,935	)		216,158
Issuance of Common Stock		97,454,780			76,841			-		-		(38,391	)		-		-			38,450
Cancellation of Common shares		(889,011,264	)		-			-		-		-			-		-			-
Preferred Stock Issuance		-			-			200,000		200		-			-		-			200
Round up shares		2,004			2			-		-		(2	)		-		-			-
Net Loss		-			-			-		-		-			-		(77,205	)		(77,205	)
Closing Balance as of January 31, 2023		16,061,667			521,544			300,000		300		10,615,899			-		(10,960,140	)		177,603
Opening balance as of July 31, 2023		1,272,917			506,755			100,000		100		10,624,138			-		(10,880,173	)		250,820
Issuance of Common Stock		-			-			-		-		-			-		-			-
Additional paid in capital		-			-			-		-		133,075			-		-			133,075
Fair Value Adjustment		-			(505,483	)		-		-		505,483			-		-			-
Net Profit		-			-			-		-		-			-		(356,527	)		(356,527	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000		100		11,262,696			-		(11,236,700	)		27,368

14

Summary of restatement – consolidated statement of cash flows

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the six months ended January 31,
	2024			2023			2024			2023
	(Unaudited and Restated)			(Unaudited and Restated)			(Previously Filed)			(Previously Filed)
Cash flows from operating activities	$			$						$
Net loss for the period		(55,557	)		(77,205	)		(356,527	)		(77,205	)
Adjustments to reconcile net loss to cash used in operating activities:
Convertible Notes Write off		(8,423	)		-			(180,686	)		-
Impairment of Intangible		-			-			488,696			-
Loan Payable write off		(13,134	)		-			(11,597	)		-
Accounts payable write off		(26,619	)		-			(43,619	)		-
Original initial discount and legal processing fees		-			19,340						19,340
Change in operating assets and liabilities
Deposits & prepayments		(3,561	)		-			(3,561	)		-
Accounts payable and accrued liabilities		19,194			(3,785	)		19,194			(19,327	)
Due to parent-operating expenses		88,075						88,075
Net cash provided from (used in) operating activities		(25	)		(61,650	)		(25	)		(96,532	)
Cash flows from investing activities
Lavaca County Texas Producing Asset		(39,280	)		-			(39,280	)		-
Software Development		-			(51,942	)		-			(51,942	)
Net cash used in investing activities		(39,280	)		(51,942	)		(39,280	)		(51,942	)
Cash flows from financing activities
Change in convertible notes payable		-			102,436			-			109,768
Proceeds from loan		-			22,000			-			-
Loan Repayment		-			(11,000	)		-			-
Proceeds from issuance of preferred shares		-			100			-			20,000
Proceeds from issuance of common shares		-			-			-			76,843
Proceeds from additional paid in capital		45,000			-			45,000			(38,393	)
Net cash provided by financing activities		45,000			113,536			45,000			148,418
Change in Cash		5,695			(56	)		5,695			(56	)
Cash – beginning of period		3			320			3			320
Cash – end of period		5,698			264			5,698			264
Supplemental cash flow disclosures
Cash paid For:
Interest		-			-
Income tax		-			-
Non-Cash Activities:
Shareholder contribution converted from due to parent balance		275,802			-

15

Note 3. Other assets

On January 17, 2024, the Company purchased a 5% royalty interest in a package of seven (7) producing oil wells located in the Eagle Ford Shale, Lavaca County, Texas (the “Eagle Acquisition”). The Eagle Acquisition is the Company’s first transaction in the U.S. energy production and development sector. The Company intends to complete additional acquisitions of this kind in the near future and continue its focus on the U.S. energy sector.

Note 4. Net Profit/Loss Per Common Share

Basic profit/loss per common share is computed based on the weighted average number of shares outstanding during the year. Diluted earnings per common share is computed by dividing net earnings by the weighted average number of common shares and  potential common shares during the specified periods. The Company has no outstanding options or warrants that could affect the calculated number of shares. Common stock equivalents related to convertible debt are detailed in Note 5.

Note 5. Convertible Notes Payable and Loan Payable

As of July 31, 2023, the Company holds a balance of convertible note payable in the amount of $179,150, and a balance of loan payable in the amount of $13,134. These balances were totally refunded in August 2023, in connection with the Zenith Energy’s group acquisition, and the Company recognized a profit from their writing off.

Convertible Promissory Note

On January 4, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $50,000 with a gross proceed of 46,250. The note would mature on January 4, 2023. The note carries a 10% interest rate and was partially converted into 64,504 shares at an average of $ 0.41 per share by July 25, 2022, and the remaining balance of $23,450 as of July 31,2022 was fully converted into 98,160 shares at an average of $0.24 per share by August 23, 2023. 

On May 9, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $53,750 and a gross proceed of $53,750. The note would mature on May 9, 2023. The note carries a 10% interest rate and as of July 31, 2023, the note was in default. The balance and interest accrued in total of 60,730 have been redeemed and paid by Zenith Energy in full amount in August 2023.

On September 13, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $33,000 with a gross proceed of $30,000. The note would mature on September 13, 2023. The note carries a 10% interest rate and the balance has been redeemed and paid by Zenith Energy in full amount in August 2023.

On December 15, 2022, the Company issued a convertible promissory note to JanBella Group, LLC (“JanBella”) in the original principal amount of $46,750 and a gross proceed of $40,000. During the year ended July 31,2023, $12,564 has been redeemed in cash and leaving a balance of $34,186 as of July, 31,2023. The note would mature on December 15, 2023. The note carries a 10% interest rate; There were 100,000 shares of Series A Preferred Shares had been issued and pledged to secure the note made by the Company to JanBella. On June 27, 2023, JanBella acquired the 100,000 outstanding Series A Preferred Shares in satisfaction of this promissory note. The balance of $34,186 been redeemed and paid by Zenith Energy in full amount per preferred share transfer agreement entered by JanBella and Zenith Energy in August 2023.

On January 17, 2023, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $48,750 and a gross proceeds of  $45,000. The note would mature on January 17, 2024. The note carries a 10% interest rate and the balance of $51,354 has been redeemed and paid by Zenith Energy in full amount in August 2023.

As of January 31,2024, the Company has no convertible promissory note balance.

16

Note 6. Preferred Stock and Common Stock

Preferred Stock

In December 2022 and January 2023, the Company issued total 200,000 shares of Series A Super Voting Preferred Stock (the “Series A Preferred Shares”) to an otherwise unaffiliated investor. These 200,000 Series A Preferred Shares were cancelled for 100,000 each time, on June 27 and July 07, 2023, respectively.

On June 27, 2022, the Company issued 100,000 Series A Preferred Shares for consideration of $0.001 per share to an unaffiliated investor with 0 gross proceeds. The Series A Preferred Shares had been pledged to secure a note made by the Company to JanBella since December 15, 2022.

On June 27, 2023, JanBella acquired 100,000 outstanding Series A Preferred Shares in satisfaction of a promissory note made by the Company in favor of JanBella, representing 99.87% of the voting power of the Company.

On August 23, 2023, JanBella sold its Series A Preferred Shares it held to Zenith Energy Ltd. (“Zenith Energy”). Zenith Energy. In the change in control transaction, Zenith Energy acquired the 100,000 Series A Preferred Shares from JanBella for consideration of approximately $398,400. The Series A Stock shall have the following preferences, powers, designations and other special rights: Each Series A Preferred Share entitles the Unaffiliated investor to 10,000 votes on all matters submitted to the shareholders of the Company's common stock. The Unaffiliated investor of the Series A Preferred Shares votes together with the Unaffiliated investors of common stock as a single class upon all matters submitted to a vote of shareholders.        ·

The Unaffiliated investors of Series A Preferred Shares are not entitled to receive dividends paid on the Company's Common Stock.

Upon liquidation, dissolution and winding up of the Company, whether voluntary or involuntary, the Unaffiliated investors of the Series A Preferred Shares then outstanding are not entitled to receive out of the assets of the Company, whether from capital or earnings available for distribution, any amounts which will be otherwise available to and distributed to the holders of common stock.

Common Stock

Effective January 18, 2013, the Company filed with Secretary of State of Nevada a Certificate of Change that affected a 1:50 reverse split in the Company's outstanding common stock and a reduction of the Company’s authorized common stock in the same 1:50 ratio, from 500,000,000 shares to 10,000,000 shares. The Company  has retroactively restated all share amounts to show effects of the Common Stock split.

On August 18, 2021, the Company increased its authorized capital to 5,000,000,000 shares of common stock with par value $0.00075.

17

During the three and six-months ended January 31, 2024, the Company issued no common stock.

In October 2022, the shareholders representing a majority of the Company's issued voting shares, as well as the Company's Board of Directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock. Concurrently with the reverse split, the Company has approved the decrease in its authorized shares of common stock from 5,000,000,000 shares with par value $0.00075 to 250,000,000 shares with par value $0.001. The Company has retroactively restated all share amounts to show effects of the reverse split.

During the three and six months ended January 31, 2023, the Company issued 137,273 shares of common stock for total proceeds of $25,486. The Company also cancelled 37,079 shares of common stock for no monetary amount.

Note 6. Related Party Transactions

There were no reportable related party transactions during three and six month ended January 31,2024 and 2023.

Note 7. Commitments and Contingencies

From time to time, the Company may be involved in litigation in the ordinary course of business. The Company is not currently involved in any litigation that the Company believe could have a material adverse effect on its financial condition or results of operations.

Note 8. Subsequent Events

The Company has filed an Amendment to its Articles of Incorporation (the “Amendment”) with the Secretary of State of Nevada, changing its name from “Cyber Apps World Inc.” to “Leopard Energy, Inc.” effective April 26, 2024.

Management evaluated all additional events through June 21, 2024, which is the date the financial statements were available to be issued. Based upon this review, unless noted below, the Company did not identify any material subsequent events that would have required adjustment or disclosure in the financial statements. 

18

ITEM 2. Management’s Discussion and Analysis of our Financial Conditions and Results of Operations.

Forward Looking Statements

Certain statements made in this Form 10-Q/A (this “Report”) may constitute “forward-looking statements on our current expectations and projections about future events.” These forward-looking statements involve known or unknown risks, uncertainties and other factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by some words such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates” and similar expressions. These statements are based on our current beliefs, expectations, and assumptions and are subject to a number of risks and uncertainties. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. These forward-looking statements are made as of the date of this Report, and we assume no obligation to update these forward-looking statements whether as a result of new information, future events, or otherwise, other than as required by law. In light of these assumptions, risks, and uncertainties, the forward-looking events discussed in this Report might not occur and actual results and events may vary significantly from those discussed in the forward-looking statements.

Background

We were incorporated on July 15, 2002, under the laws of the State of Nevada under the name Titan Web Solutions, Inc. with a view to offering a full range of business consulting services in the retail specialty coffee industry in China.

On April 9, 2015, we merged with our wholly owned subsidiary Cyber Apps World Inc. and concurrently changed our name to Cyber Apps World Inc. Our business focused on the development of mobile applications focusing on allowing users around the world to save money on products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or mobile devices, including smartphones.

On July 6, 2023, JanBella Group, LLC (“JanBella Group”), a family office, acquired 100,000 outstanding shares of Super A Voting Preferred Stock (the “Series A Preferred Shares”) in satisfaction of a promissory note made by the Company in favor of JanBella Group. The Series A Preferred Shares had been pledged to secure a note made by the Company to JanBella. Thereupon, Mohammed Irfan Raimiya Kazi, the Company’s Chief Executive Officer and a director and Kateryna Malenko, the Company’s Secretary and a director, resigned as officers and directors of the Company and William Alessi, an affiliate of JanBella Group, was appointed the sole officer and director of the Company. The Series A Preferred Shares entitle the holder thereof to 99.97% of the voting power of the Company.

On August 23, 2023, JanBella Group sold the Series A Preferred Shares to Zenith Energy . Zenith Energy is a British Columbia corporation based in Vancouver, B.C., engaged in energy production projects on three continents, whose shares are traded on the London Stock Exchange and Euronext Oslo.

In the change in control transaction, Zenith Energy acquired the 100,000 Series A Preferred Shares, representing 99.87% of the voting power of the Company, from JanBella for consideration of approximately $398,400. As part of the transaction, William Alessi, the sole officer and director of the Company, appointed Luca Benedetto, Ippolito Cattaneo, and Dario Sodero as directors of the Company. Thereafter, Mr. Alessi resigned as CYAP’s sole director and officer.

In addition to the foregoing, Mr. Luca Benedetto was appointed President and Treasurer of the Company and Mr. Ippolito Cattaneo was appointed as the Company’s Secretary.

On March 6, 2024, Ippolito Cattaneo stepped down as Secretary and a director of the Company.

Following the change in control transaction, the Company began shifting its business focus to acquiring  energy production and development opportunities in the U.S.

19

On October 4, 2023, the Company incorporated its newly created subsidiary CYAP Oil, LLC, in Houston (Texas).

On January 17, 2024, the Company purchased a 5% royalty interest in a package of seven (7) producing oil wells located in the Eagle Ford Shale, Lavaca County, Texas (the “Eagle Acquisition”).

The Eagle Acquisition is the Company’s first transaction in the U.S. energy production and development sector. The Company intends to complete additional acquisitions of this kind in the near future and continue its focus on the U.S. energy sector.

On April 26, 2024, the Company changed its name in Leopard Energy, Inc. 

Since completion of the change in control transaction, Zenith Energy, our controlling stockholder has advanced approximately $321,000 in working capital on our behalf.  Zenith Energy has advised us that intends to provide the Company with additional working capital to fund the operations and acquisitions, pending receipt of additional funding.

Results of Operations

	For the three months ended
	January 31, 2024			January 31, 2023
Net income (loss)		(36,986	)		(38,447	)
Total operating expenses		(33,961	)		(38,447	)
Total other income (expense)		(3,025	)		-

	For the six months ended
	January 31, 2024			January 31, 2023
Net income (loss)		(55,557	)		(62,205	)
Total operating expenses		(100,708	)		(62,205	)
Total other income (expense)		45,151			-

For the three and six-months ended January 31, 2024, the loss was due to our professional services under general and administrative fees. All the expenses were paid by the parent company Zenith Energy Ltd, who renounced to its credit.

The loss for the three and six months ended January 31, 2023, consisted entirely of general and administrative fees.

We generated no revenues during the three and six-month periods ended January 31, 2024 and 2023.

20

Liquidity and Capital Resources

	January 31, 2024		January 31, 2023
Cash		5,698		264
Deposits & prepayments		3,561		7,652
Total current assets		9,259		7,916
Non current  assets		39,280		466,695
Current liabilities (Accounts payable)		98,884		98,443

We expect we will require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other methods, the sale of equity or debt securities. Zenith Energy, our controlling stockholder has advised us that intends to provide the Company with working capital to fund the operations and acquisitions, pending receipt of additional funding.

Cash Flows from Operating Activities

	For the three months ended
	January 31, 2024			January 31, 2023
Net cash provided from (used in) operating activities		(25	)		(20,555	)
	For the six months ended
	January 31, 2024			January 31, 2023
Net cash provided from (used in) operating activities		(25	)		(61,650	)

Cash Flows from Investing Activities

	For the three months ended
	January 31, 2024			January 31, 2023
Net cash provided by (used in) investing activities		(39,280	)		(51,942	)
	For the six months ended
	January 31, 2024			January 31, 2023
Net cash provided by (used in) investing activities		(39,280	)		(51,942	)

Cash Flows from Financing Activities

	For the three months ended
	January 31, 2024		January 31, 2023
Net cash provided by (used in) financing activities		35,000		72,536
	For the six months ended
	January 31, 2024		January 31, 2023
Net cash provided by (used in) financing activities		45,000		113,536

21

Off – Balance Sheet Arrangements

As of the date of this report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

Going Concern

The independent auditors’ report accompanying our July 31, 2023, financial statements contained an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared “assuming that we will continue as a going concern,” which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.

Item 3. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable.

Item 4. Controls and Procedures.

Disclosure Controls and Procedures

We maintain disclosure controls and procedures, as defined in Rule 13a-15(e) and Rule 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) that are designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms and that such information is accumulated and communicated to our senior management, which presently consists of Andrea Cattaneo, our Chief Executive Officer and President (our Principal Executive Officer) and Luca Benedetto, our Chief Financial Officer  (our Principal Financial and Accounting Officer), as appropriate to allow timely decisions regarding required disclosure.

We carried out an evaluation, under the supervision and with the participation of our senior management, which presently consists of Andrea Cattaneo, our Chief Executive Officer and President (our Principal Executive Officer) and Luca Benedetto, our Chief Financial Officer  (our Principal Financial and Accounting Officer)  of the effectiveness of the design and operation of our disclosure controls and procedures as of January 31, 2024. Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting described in the Company’s Annual Report on Form 10-K for the year ended July 31, 2023, as amended, our Chief Executive Officer and President and Chief Financial Officer  concluded that our disclosure controls and procedures were not effective as of January 31, 2024. 

Changes in Internal Control over Financial Reporting

There were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the three months ended January 31, 2024, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

22

PART II—OTHER INFORMATION

Item 1. Legal Proceedings.

None.

Item 1A. Risk Factors.

As a “smaller reporting company” we are not required to disclose information under this Item.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety

Not Applicable.

Item 5. Other Information

None.

23

Item 6. Exhibits.

Exhibit No.	Description of Exhibit
31.1*	Certification of Principal Executive Officer pursuant to Section 302(a) of the Sarbanes- Oxley Act
31.2*	Certification of Principal Financial and Accounting Officer pursuant to Section 302(a) of the Sarbanes-Oxley Act
32.1*	Certification of Principal Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act.
32.2*	Certification of Principal Financial and Accounting Officer  pursuant to Section 906 of the Sarbanes-Oxley Act
101.INS**	Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document.
101.SCH**	Inline XBRL Taxonomy Extension Schema Document
101.CAL**	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB**	Inline XBRL Taxonomy Extension Labels Linkbase Document
101.DEF**	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.PRE**	Inline XBRL Taxonomy Extension Presentation Linkbase Document
104**	Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

*	Filed herewith.
**	Pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934 and otherwise are not subject to liability under those sections.

24

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	LEOPARD ENERGY, INC.
Date: July 1, 2024	By:	/s/ Luca Benedetto
		Luca Benedetto Chief Financial Officer (Principal Financial and Accounting Officer)

25

EX-31.1

EXHIBIT 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT AND RULE 13A-14(A) OR 15D-14(A) UNDER THE

SECURITIES EXCHANGE ACT OF 1934

I, Andrea Cattaneo, as Chief Executive Officer and President  (principal executive officer) of Leopard Energy, Inc., a Nevada corporation (the “Registrant”) certify that:

1. I have reviewed the Registrant’s Amendment No. 1 to Quarterly Report on Form 10-Q/A for the quarter ended January 31, 2024;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4. Together with the Registrant’s other certifying officer, I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))and internal control over financial reporting (as defined in Exchange Act Rules 13(a)-15(f) and 15(d)-15(f)) for the Registrant and I have:

(a)		designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)			designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	disclosed in this quarterly report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

5. Together with the Registrant’s other certifying officer, I have disclosed, based on my most recent evaluation of internal controls over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a)	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and
(b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date: July 1, 2024	By:	/s/ Andrea Cattaneo
		Andrea Cattaneo
		Chief Executive Officer and President
		(Principal Executive Officer)

EX-31.2

EXHIBIT 31.2

 

CERTIFICATION OF PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER

PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT AND RULE 13A-14(A) OR 15D-14(A) UNDER THE

SECURITIES EXCHANGE ACT OF 1934

I, Luca Benedetto, as Chief Financial Officer (principal financial and accounting officer) of Leopard Energy, Inc., a Nevada corporation (the “Registrant”) certify that:

1. I have reviewed the Registrant’s Amendment No. 1 to Quarterly Report on Form 10-Q/A for the quarter ended January 31, 2024;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4. Together with the Registrant’s other certifying officer, I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))and internal control over financial reporting (as defined in Exchange Act Rules 13(a)-15(f) and 15(d)-15(f)) for the Registrant and I have:

(a)		designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)			designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	disclosed in this quarterly report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

5. Together with the registrant’s other certifying officer, I have disclosed, based on my most recent evaluation of internal controls over financial reporting, to the Registrant’s auditors and the audit committee of the Registrant’s board of directors (or persons performing the equivalent functions):

(a)	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and
(b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date: July 1, 2024	By:	/s/ Luca Benedetto
		Luca Benedetto
		Chief Financial Officer
		(Principal Financial and Accounting Officer)

EX-32.1

EXHIBIT 32.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Andrea Cattaneo, Chief Executive Officer (principal executive officer) of Leopard Energy Inc., a Nevada corporation (the “Registrant”) hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

a)	The Registrant’s Amendment No. 1 to Quarterly Report on Form 10-Q/A for the quarter ended January 31, 2024 (the “Report”) fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, of the Securities Exchange Act of 1934, as amended; and
b)	the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Date: July 1, 2024	By:	/s/ Andrea Cattaneo
		Andrea Cattaneo
		Chief Executive Officer and President
		(Principal Executive Officer)

EX-32.2

EXHIBIT 32.2

CERTIFICATION PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

I, Luca Benedetto, Chief Financial Officer (principal financial and accounting officer) of Leopard Energy Inc., a Nevada corporation (the “Registrant”) hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

a)	The Registrant’s Amendment No. 1 to Quarterly Report on Form 10-Q/A for the quarter ended January 31, 2024 (the “Report”) fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, of the Securities Exchange Act of 1934, as amended; and
b)	the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

Date: July 1, 2024	By:	/s/ Luca Benedetto
		Luca Benedetto
		Chief Financial Officer
		(Principal Financial and Accounting Officer)

XML

Cover - shares	6 Months Ended
	Jan. 31, 2024	Jun. 28, 2024
Cover [Abstract]
Entity Registrant Name	Leopard Energy, Inc.
Entity Central Index Key	0001230524
Document Type	10-Q/A
Amendment Flag	true
Current Fiscal Year End Date	--07-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	No
Document Period End Date	Jan. 31, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Entity Common Stock Shares Outstanding		1,272,917
Entity File Number	000-50693
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	90-0314205
Entity Address Address Line 1	Via Tomaso Rodari 6
Entity Address Address Line 2	6
Entity Address City Or Town	Lugano
Entity Address Postal Zip Code	6900
City Area Code	41
Local Phone Number	791595013
Document Quarterly Report	true
Document Transition Report	false
Entity Address Country	CH
Entity Interactive Data Current	No
Amendment Description	In a Form 10-K/A filed with the Securities and Exchange Commission (the “SEC”) on December 15, 2023, the Company, disclosed that it had recently learned that, despite representations and statements to the contrary, Ahmed & Associates, P.C. (“AAPC”), the accounting firm that the Company had retained as its independent registered accounting firm with respect to the audit of its financial statements for the year ended July 31, 2023, was not registered with the Public Company Accounting Oversight Board (the “PCAOB”), as required by the rules and regulations adopted by the SEC. In addition, in January 2024, the PCAOB revoked the registration of Jack Shama, CPA, the accounting firm that had audited the Company’s financial statements for the year ended July 31, 2022.  Accordingly, on April 17, 2024, the Company filed an additional Form 10-K/A further its Annual Report on Form 10-K for the year ended July 31, 2023 to include financial statements for the years ended July 31, 2023 and July 31, 2022, which were audited by a PCAOB registered accounting firm. As a result thereof, the Company is restating in this Report, its financial statements for the three and six months ended January 31, 2024 and 2023.

XML

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jan. 31, 2024	Jul. 31, 2023
Current assets:
Cash	$ 5,698	$ 3
Deposits & prepayments	3,561	0
Total current assets	9,259	3
Other assets:
Lavaca Country Texas Producing Asset	39,280	0
Total other assets	39,280	0
Total Assets	48,539	3
Current liabilities:
Accounts payable and accrued liabilities	98,884	123,309
Total current liabilities	98,884	123,309
Long term liabilities:
Convertible notes payable	0	179,150
Loan payable	0	13,134
Total non-current liabilities	0	192,284
Total Liabilities	98,884	315,593
STOCKHOLDER'S DEFICIT
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,	100	100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively	1,272	1,272
Additional paid in capital	11,475,987	11,155,185
Accumulated deficit	(11,527,704)	(11,472,147)
Total Stockholder's Deficit	(50,345)	(315,590)
Total Liabilities and Stockholder's Deficit	$ 48,539	$ 3

XML

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jan. 31, 2024	Jul. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares, issued	100,000	100,000
Preferred stock, shares, outstanding	100,000	100,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares, issued	1,272,917	1,272,917
Common stock, shares, outstanding	1,272,917	1,272,917

XML

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2024	Jan. 31, 2023	Jan. 31, 2024	Jan. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
Net Sales	$ 0	$ 0	$ 0	$ 0
Cost of Goods Sold	0	0	0	0
Gross Income	0	0	0	0
General and administrative	(32,726)	(38,447)	(75,243)	(62,205)
Negotiating expenses	(1,235)	0	(25,465)	0
Total operating expenses	(33,961)	(38,447)	(100,708)	(62,205)
Operating loss	(33,961)	(38,447)	(100,708)	(62,205)
Other income (expense)
Write off convertible notes	0	0	8,423	0
Write off loan payable	0	0	13,134	0
Write off loans payable	0	0	26,619	0
Financial expense	(3,025)	0	(3,025)	0
Total other income (expense)	(3,025)	0	45,151	0
Net loss	$ (36,986)	$ (38,447)	$ (55,557)	$ (62,205)
Net loss per share - basic and diluted	$ (0.03)	$ (0.04)	$ (0.04)	$ (0.06)
Weighted average shares outstanding - basic and diluted	1,272,917	1,059,608	1,272,917	1,057,512

XML

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS EQUITY - USD ($)	Total	Common Stock	Preferred Stock	Additional Paid In Capital	Accumulated Deficit
Balance, shares at Jul. 31, 2022		961,448
Balance, amount at Jul. 31, 2022	$ (198,695)	$ 961	$ 0	$ 11,123,597	$ (11,323,253)
Issuance of Common stock from convertible notes conversion, shares		98,160
Issuance of Common stock from convertible notes conversion, amount	23,486	$ 98	0	23,388	0
Issuance of Common Stock, shares		37,079
Issuance of Common Stock, amount	37	$ 37	0	0	0
Cancellation of Common shares, shares		(37,079)
Cancellation of Common shares, amount	(37)	$ (37)	0	0	0
Net Loss	(23,758)	$ 0	0	0	(23,758)
Balance, shares at Oct. 31, 2022		1,059,608
Balance, amount at Oct. 31, 2022	(198,967)	$ 1,059	0	11,146,985	(11,347,011)
Balance, shares at Jul. 31, 2022		961,448
Balance, amount at Jul. 31, 2022	(198,695)	$ 961	$ 0	11,123,597	(11,323,253)
Net Loss	(62,205)
Balance, shares at Jan. 31, 2023		1,061,642	100,000
Balance, amount at Jan. 31, 2023	(237,312)	$ 1,061	$ 100	11,146,985	(11,385,458)
Balance, shares at Oct. 31, 2022		1,059,608
Balance, amount at Oct. 31, 2022	(198,967)	$ 1,059	0	11,146,985	(11,347,011)
Issuance of Common Stock, shares		2,034
Issuance of Common Stock, amount	2	$ 2	$ 0	0	0
Net Loss	(38,447)				(38,447)
Issuance of Preferred stock, shares			300,000
Issuance of Preferred stock, amount	300		$ 300	0	0
Cancellation of Preferred stock, shares			(200,000)
Cancellation of Preferred stock, amount	(200)		$ (200)	0	0
Balance, shares at Jan. 31, 2023		1,061,642	100,000
Balance, amount at Jan. 31, 2023	(237,312)	$ 1,061	$ 100	11,146,985	(11,385,458)
Balance, shares at Jul. 31, 2023		1,272,917	100,000
Balance, amount at Jul. 31, 2023	(315,590)	$ 1,272	$ 100	11,155,185	(11,472,147)
Net Loss	(18,571)	0	0	0	(18,571)
Additional paid in capital	266,444	$ 0	$ 0	266,444	0
Balance, shares at Oct. 31, 2023		1,272,917	100,000
Balance, amount at Oct. 31, 2023	(67,717)	$ 1,272	$ 100	11,421,629	(11,490,718)
Balance, shares at Jul. 31, 2023		1,272,917	100,000
Balance, amount at Jul. 31, 2023	(315,590)	$ 1,272	$ 100	11,155,185	(11,472,147)
Net Loss	(55,557)
Balance, shares at Jan. 31, 2024		1,272,917	100,000
Balance, amount at Jan. 31, 2024	(50,345)	$ 1,272	$ 100	11,475,987	(11,527,704)
Balance, shares at Oct. 31, 2023		1,272,917	100,000
Balance, amount at Oct. 31, 2023	(67,717)	$ 1,272	$ 100	11,421,629	(11,490,718)
Net Loss	(36,986)				(36,986)
Additional paid in capital	54,358			54,358
Balance, shares at Jan. 31, 2024		1,272,917	100,000
Balance, amount at Jan. 31, 2024	$ (50,345)	$ 1,272	$ 100	$ 11,475,987	$ (11,527,704)

XML

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Net loss for the period	$ (55,557)	$ (77,205)
Adjustments to reconcile net loss to cash used in operating activities:
Convertible Notes Write off	(8,423)	0
Loan Payable write off	(13,134)	0
Accounts payable write off	(26,619)	0
Original initial discount and legal processing fees	0	19,340
Change in operating assets and liabilities
Deposits & prepayments	(3,561)	0
Accounts payable and accrued liabilities	19,194	(3,785)
Due to parent-operating expenses	88,075
Net cash provided from (used in) operating activities	(25)	(61,650)
Cash flows from investing activities
Lavaca County Texas Producing Asset	(39,280)	0
Software Development	0	(51,942)
Net cash used in investing activities	(39,280)	(51,942)
Cash flows from financing activities
Change in convertible notes payable	0	102,436
Proceeds from loan	0	22,000
Loan Repayment	0	(11,000)
Proceeds from issuance of preferred shares	0	100
Proceeds from issuance of common shares	0	0
Proceeds from additional paid in capital	45,000	0
Net cash provided by financing activities	45,000	113,536
Change in Cash	5,695	(56)
Cash - beginning of period	3	320
Cash - end of period	5,698	264
Cash paid for:
Interest	0	0
Income tax	0	0
Non-Cash Activities:
Shareholder contribution converted from due to parent balance	$ 275,802	$ 0

XML

Organization and Business

6 Months Ended

Jan. 31, 2024

Organization and Business

Organization and Business

Note 1. Organization and Business

Cyber Apps World Inc. (the “Company”), following the merger with the Company's wholly owned subsidiary on April 9, 2015, (formed for the sole purpose of merging with its parent), has been engaged in the development of mobile applications focusing on allowing users around the world to save money on products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or mobile devices, including smartphones. The Company have not been successful in developing revenue from operations.

Since its acquisition of a controlling interest in August 2023, Zenith Energy Ltd. (“Zenith Energy”), the Company’s controlling stockholder, the Company will expand its business into the energy sector.

The Company has filed an Amendment to its Articles of Incorporation (the “Amendment”) with the Secretary of State of Nevada, changing its name from “Cyber Apps World Inc.” to “Leopard Energy, Inc.” effective April 26, 2024.

XML

Summary of Significant Accounting Policies

6 Months Ended

Jan. 31, 2024

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

Note 2. Summary of Significant Accounting Policies

Basis of Presentation

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited interim financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

The accompanying unaudited condensed consolidated financial statements include the accounts of Leopard Energy, Inc, (formerly known as Cyber Apps World Inc.) (the “Company”). These financial statements are condensed and, therefore, do not include all disclosures normally required by accounting principles generally accepted in the United States of America. Therefore, these statements should be read in conjunction with the most recent annual financial statements of The Company for the year ended July 31, 2023, included in the Company’s Form 10-K filed with the Securities and Exchange Commission. In particular, the Company’s significant accounting principles were presented as Note 2 to the Financial Statements in that report. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying interim condensed financial statements and consist of only normal recurring adjustments. The results of operations presented in the accompanying interim condensed financial statements are not necessarily indicative of the results that may be expected for the full year ending July 31, 2024.

Going Concern

The accompanying unaudited interim consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

As reflected in the accompanying unaudited interim financial statements for the six months ended January 31, 2024, the Company incurred net loss of $55,557. The Company did not have any revenue during the six months ended January 31, 2024. As of January 31, 2024, the Company had accumulated deficit of $ 11,527,704 and a working capital deficit of $ 89,625. Management believes these factors raise substantial doubt about the Company’s ability to continue as a going concern for the next twelve months.

The Company’s financial statements for the three and six months ended January 31, 2024, have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. The Company did not generate any revenue during the three and six months ended January 31, 2024.

Management recognized that the Company’s continued existence is dependent upon its ability to obtain needed working capital through additional equity and/or debt financing and revenue to cover expenses as the Company continues to incur losses. Since its incorporation, the Company has financed its operations through advances from its controlling shareholders, third-party convertible debt, and the sale of its common stock. Management’s plans are to finance operations through the sale of equity or other investments for the foreseeable future, as the Company does not receive significant revenue from its business operations. There is no guarantee that the Company will be successful in arranging financing on acceptable terms.

The Company’s ability to raise additional capital is affected by trends and uncertainties beyond its control. The Company does not currently have any arrangements for financing, and it may not be able to find such financing if required. Obtaining additional financing would be subject to a number of factors, including investor sentiment. Market factors may make the timing, amount, terms or conditions of additional financing unavailable to it. These uncertainties raise substantial doubt about the ability of the Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Since its acquisition of a controlling interest in August 2023, Zenith Energy Ltd. (“Zenith Energy”), the Company’s controlling stockholder, has provided approximately $276,000 in working capital on behalf of the Company and also put in $45,000 paid in capital. Zenith Energy has indicated that intends to continue to finance CYAP and its expansion into the energy sector, pending the receipt of additional financing.

The Company’s significant accounting policies are summarized in Note 2 of the Company’s Annual Report on Form 10-K for the year ended July 31, 2023. There were no significant changes to these accounting policies during the three and six months ended January 31, 2024, and the Company does not expect that the adoption of other recent accounting pronouncements will have a material impact on its financial statements.

Restatement of previously issued consolidated financial statements

The Company identified series of misstatements and restated its previously issued financial statements for the years ended July 31, 2023 and 2022 in the Form 10-K filed with SEC on April 17, 2024. Accordingly, the Company has restated the accompanying unaudited consolidated financial statements for the six-month ended January 31,2024 and 2023 that were previously included in the Form 10-Q filed with the SEC on March 22, 2024.

The restatement primarily relates to equity retrospectively restatement, convertible bonds redemption liability and liabilities write off upon controlling interest transfer in August 2023.

Major Restatement Background

In October 2022, the shareholders representing a majority of the Company's issued voting shares, as well as the Company's Board of Directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock.  Common stock, additional paid-in capital and per share data was not presented on a retroactive basis to reflect the reverse stock split in previously filed 10-K. The Company corrected the Changes in Shareholder’s Equity to retrospectively state the movement.

Subsequently on August 23, 2023, the original major shareholder, JanBella Group, LLC, sold the 100,000 Series A Preferred Shares it held to Zenith Energy Ltd. for consideration of approximately $398,400. In the change in control transaction, Zenith Energy acquired 99.87% of the voting power of the Company. Upon the share transfer, Zenith Energy bear the settlement for all existing convertible promissory notes and also partial accounts payable balance, the remining liabilities balance will be written off per controlling interest transfer. The Company previously recorded the redemption of convertible promissory notes and payment of accounts payable balance by Zenith Energy as other income. After reassessing the situation, the Company corrected the mistake to record the portion paid by Zenith Energy as a paid in capital from shareholder.

The impact of restatement

The following table summarized the effect of the restatement on each financial statement line items as of and for the six-month ended January 31, 2023 and 2022, as indicated:

Summary of restatement – unaudited condensed consolidated balance sheets

	As of  January 31,
	2024			2024
	(Unaudited and Restated)			(Previously Filed)
	$			$
Current assets:
Cash	$	5,698		$	5,698
Deposits & prepayments		3,561			3,561
Total current assets		9,259			9,259
Other assets:
Lavaca Country Texas Producing Asset		39,280			39,280
Total other assets		39,280			39,280
Total Assets	$	48,539		$	48,539
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities	$	98,884		$	21,171
Total current liabilities		98,884			21,171
Long term liabilities:
Convertible notes payable		-			-
Loan payable		-			-
Total non-current liabilities		-			-
Total Liabilities		98,884			21,171
STOCKHOLDER’S DEFICIT
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,		100			100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively		1,272			1,272
Additional paid in capital		11,475,987			11,262,696
Accumulated deficit		(11,527,704	)		(11,236,700	)
Total Stockholder’s Deficit		(50,345	)		27,368
Total Liabilities and Stockholder’s Deficit	$	48,539		$	48,539

Summary of restatement – unaudited condensed consolidated statements of operations and comprehensive loss 

For the three and six month periods ended January 31, 2024 and 2023 (Restated)

	For the three month period ended						For the six month period ended
	January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)			January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		32,726	)		(38,447	)		(75,243	)		(62,205	)
Negotiating expenses		(1,235	)		-			(25,465	)		-
Total operating expenses		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Operating loss		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Other income (expense)
Write off convertible notes		-			-			8,423			-
Write off loan payable		-			-			13,134			-
Write off loan payable		-			-			26,619			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		(3,025	)		-			45,151			-
Net loss		(36,986	)		(38,447	)		(55,557	)		(62,205	)
Net loss per share – basic and diluted		(0.03	)		(0.04	)		(0.04	)		(0.06	)
Weighted average shares outstanding – basic and diluted		1,272,917			1,059,608			1,272,917			1,057,512

For the three and six month periods ended January 31, 2024 and 2023 (Previously Filed)

	For the three month period ended						For the six month period ended
	January 31, 2024			January 31, 2023			January 31, 2024			January 31, 2023
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		(7,168	)		(53,447	)		(75,243	)		(77,205	)
Write off Accounts payable		43,619			-			43,619			-
Write off Software		(488,696	)		-			(488,696	)		-
Negotiating expenses		(25,465	)		-			25,465	)		-
Total operating expenses		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Operating income (loss)		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Other income (expense)
Write off convertible notes		-			-			180,686			-
Write off loan payable		11,597			-			11,597			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		8,572			-			189,258			-
Net income (loss)		(469,138	)		(53,447	)		(356,527	)		(77,205	)
Net income (loss) per share – basic and diluted		(0.37	)		(0.00	)		(0.28	)		(0.00	)
Weighted average shares outstanding – basic and diluted		1,272,917			16,061,667			1,272,917			16,061,667

Summary of restatement – unaudited consolidated statement of changes in shareholders’ deficit

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

For the six-month periods ended January 31, 2024 and 2023 (Unaudited and Restated)

	Common Stock						Preferred Stock						Paid in		Accumulated
	Number			Par Value			Number			Par Value			Capital		Deficit			Total
				$						$			$		$			$
Opening balance as of July 31, 2022		961,448			961			-			-			11,123,597		(11,323,253	)		(198,695	)
Issuance of Common stock from convertible notes conversion		98,160			98						-			23,388		-			23,486
Issuance of Common Stock		37,079			37			-			-			-		-			37
Cancellation of Common shares		(37,079	)		(37	)					-			-		-			(37	)
Net Loss		-			-			-			-			-		(23,758	)		(23,758	)
Closing Balance as of October, 2022		1,059,608			1,059			-			-			11,146,985		(11,347,011	)		(198,967	)
Issuance of Common Stock		2,034			2			-			-			-		-			2
Issuance of Preferred stock								300,000			300			-		-			300
Cancellation of Preferred stock								(200,000	)		(200	)		-		-			(200	)
Net Loss																(38,447	)		(38,447	)
Closing Balance as of January 31, 2023		1,061,642			1,061			100,000			100			11,146,985		(11,385,458	)		(237,312	)
Opening balance as of July 31, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)
Additional paid in capital		-			-			-			-			266,444		-			266,444
Net Loss		-			-			-			-			-		(18,571	)		(18,571	)
Closing Balance as of October, 2023		1,272,917			1,272			100,000			100			11,421,629		(11,490,718	)		(67,717	)
Additional paid in capital														54,358					54,358
Net Loss																(36,986	)		(36,986	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000			100			11,475,987		(11,527,704	)		(50,345	)

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

 For the six-month periods ended January 31, 2024 and 2023 (Previously Filed)

											Additional			Shares
	Common Stock						Preferred Stock				paid in			to be		Accumulated
	Share			Value			Share		Value		Capital			issued		Deficit			Total
				$					$		$			$		$			$
Opening balance as of July 31, 2022		807,616,147			444,701			100,000		100		10,654,292			-		(10,882,935	)		216,158
Issuance of Common Stock		97,454,780			76,841			-		-		(38,391	)		-		-			38,450
Cancellation of Common shares		(889,011,264	)		-			-		-		-			-		-			-
Preferred Stock Issuance		-			-			200,000		200		-			-		-			200
Round up shares		2,004			2			-		-		(2	)		-		-			-
Net Loss		-			-			-		-		-			-		(77,205	)		(77,205	)
Closing Balance as of January 31, 2023		16,061,667			521,544			300,000		300		10,615,899			-		(10,960,140	)		177,603
Opening balance as of July 31, 2023		1,272,917			506,755			100,000		100		10,624,138			-		(10,880,173	)		250,820
Issuance of Common Stock		-			-			-		-		-			-		-			-
Additional paid in capital		-			-			-		-		133,075			-		-			133,075
Fair Value Adjustment		-			(505,483	)		-		-		505,483			-		-			-
Net Profit		-			-			-		-		-			-		(356,527	)		(356,527	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000		100		11,262,696			-		(11,236,700	)		27,368

Summary of restatement – consolidated statement of cash flows

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the six months ended January 31,
	2024			2023			2024			2023
	(Unaudited and Restated)			(Unaudited and Restated)			(Previously Filed)			(Previously Filed)
Cash flows from operating activities	$			$						$
Net loss for the period		(55,557	)		(77,205	)		(356,527	)		(77,205	)
Adjustments to reconcile net loss to cash used in operating activities:
Convertible Notes Write off		(8,423	)		-			(180,686	)		-
Impairment of Intangible		-			-			488,696			-
Loan Payable write off		(13,134	)		-			(11,597	)		-
Accounts payable write off		(26,619	)		-			(43,619	)		-
Original initial discount and legal processing fees		-			19,340						19,340
Change in operating assets and liabilities
Deposits & prepayments		(3,561	)		-			(3,561	)		-
Accounts payable and accrued liabilities		19,194			(3,785	)		19,194			(19,327	)
Due to parent-operating expenses		88,075						88,075
Net cash provided from (used in) operating activities		(25	)		(61,650	)		(25	)		(96,532	)
Cash flows from investing activities
Lavaca County Texas Producing Asset		(39,280	)		-			(39,280	)		-
Software Development		-			(51,942	)		-			(51,942	)
Net cash used in investing activities		(39,280	)		(51,942	)		(39,280	)		(51,942	)
Cash flows from financing activities
Change in convertible notes payable		-			102,436			-			109,768
Proceeds from loan		-			22,000			-			-
Loan Repayment		-			(11,000	)		-			-
Proceeds from issuance of preferred shares		-			100			-			20,000
Proceeds from issuance of common shares		-			-			-			76,843
Proceeds from additional paid in capital		45,000			-			45,000			(38,393	)
Net cash provided by financing activities		45,000			113,536			45,000			148,418
Change in Cash		5,695			(56	)		5,695			(56	)
Cash – beginning of period		3			320			3			320
Cash – end of period		5,698			264			5,698			264
Supplemental cash flow disclosures
Cash paid For:
Interest		-			-
Income tax		-			-
Non-Cash Activities:
Shareholder contribution converted from due to parent balance		275,802			-

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Other assets

6 Months Ended

Jan. 31, 2024

Other assets

Other assets

Note 3. Other assets

On January 17, 2024, the Company purchased a 5% royalty interest in a package of seven (7) producing oil wells located in the Eagle Ford Shale, Lavaca County, Texas (the “Eagle Acquisition”). The Eagle Acquisition is the Company’s first transaction in the U.S. energy production and development sector. The Company intends to complete additional acquisitions of this kind in the near future and continue its focus on the U.S. energy sector.

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Net ProfitLoss Per Common Share

6 Months Ended

Jan. 31, 2024

Net ProfitLoss Per Common Share

Net Profit/Loss Per Common Share

Note 4. Net Profit/Loss Per Common Share

Basic profit/loss per common share is computed based on the weighted average number of shares outstanding during the year. Diluted earnings per common share is computed by dividing net earnings by the weighted average number of common shares and  potential common shares during the specified periods. The Company has no outstanding options or warrants that could affect the calculated number of shares. Common stock equivalents related to convertible debt are detailed in Note 5.

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Convertible Notes Payable and Loan Payable

6 Months Ended

Jan. 31, 2024

Convertible Notes Payable and Loan Payable

Convertible Notes Payable and Loan Payable

Note 5. Convertible Notes Payable and Loan Payable

As of July 31, 2023, the Company holds a balance of convertible note payable in the amount of $179,150, and a balance of loan payable in the amount of $13,134. These balances were totally refunded in August 2023, in connection with the Zenith Energy’s group acquisition, and the Company recognized a profit from their writing off.

Convertible Promissory Note

On January 4, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $50,000 with a gross proceed of 46,250. The note would mature on January 4, 2023. The note carries a 10% interest rate and was partially converted into 64,504 shares at an average of $ 0.41 per share by July 25, 2022, and the remaining balance of $23,450 as of July 31,2022 was fully converted into 98,160 shares at an average of $0.24 per share by August 23, 2023. 

On May 9, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $53,750 and a gross proceed of $53,750. The note would mature on May 9, 2023. The note carries a 10% interest rate and as of July 31, 2023, the note was in default. The balance and interest accrued in total of 60,730 have been redeemed and paid by Zenith Energy in full amount in August 2023.

On September 13, 2022, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $33,000 with a gross proceed of $30,000. The note would mature on September 13, 2023. The note carries a 10% interest rate and the balance has been redeemed and paid by Zenith Energy in full amount in August 2023.

On December 15, 2022, the Company issued a convertible promissory note to JanBella Group, LLC (“JanBella”) in the original principal amount of $46,750 and a gross proceed of $40,000. During the year ended July 31,2023, $12,564 has been redeemed in cash and leaving a balance of $34,186 as of July, 31,2023. The note would mature on December 15, 2023. The note carries a 10% interest rate; There were 100,000 shares of Series A Preferred Shares had been issued and pledged to secure the note made by the Company to JanBella. On June 27, 2023, JanBella acquired the 100,000 outstanding Series A Preferred Shares in satisfaction of this promissory note. The balance of $34,186 been redeemed and paid by Zenith Energy in full amount per preferred share transfer agreement entered by JanBella and Zenith Energy in August 2023.

On January 17, 2023, the Company issued a convertible promissory note to an otherwise unaffiliated investor in the original principal amount of $48,750 and a gross proceeds of  $45,000. The note would mature on January 17, 2024. The note carries a 10% interest rate and the balance of $51,354 has been redeemed and paid by Zenith Energy in full amount in August 2023.

As of January 31,2024, the Company has no convertible promissory note balance.

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Preferred Stock and Common Stock

6 Months Ended

Jan. 31, 2024

Preferred Stock and Common Stock

Preferred Stock and Common Stock

Note 6. Preferred Stock and Common Stock

Preferred Stock

In December 2022 and January 2023, the Company issued total 200,000 shares of Series A Super Voting Preferred Stock (the “Series A Preferred Shares”) to an otherwise unaffiliated investor. These 200,000 Series A Preferred Shares were cancelled for 100,000 each time, on June 27 and July 07, 2023, respectively.

On June 27, 2022, the Company issued 100,000 Series A Preferred Shares for consideration of $0.001 per share to an unaffiliated investor with 0 gross proceeds. The Series A Preferred Shares had been pledged to secure a note made by the Company to JanBella since December 15, 2022.

On June 27, 2023, JanBella acquired 100,000 outstanding Series A Preferred Shares in satisfaction of a promissory note made by the Company in favor of JanBella, representing 99.87% of the voting power of the Company.

On August 23, 2023, JanBella sold its Series A Preferred Shares it held to Zenith Energy Ltd. (“Zenith Energy”). Zenith Energy. In the change in control transaction, Zenith Energy acquired the 100,000 Series A Preferred Shares from JanBella for consideration of approximately $398,400. The Series A Stock shall have the following preferences, powers, designations and other special rights: Each Series A Preferred Share entitles the Unaffiliated investor to 10,000 votes on all matters submitted to the shareholders of the Company's common stock. The Unaffiliated investor of the Series A Preferred Shares votes together with the Unaffiliated investors of common stock as a single class upon all matters submitted to a vote of shareholders.        ·

The Unaffiliated investors of Series A Preferred Shares are not entitled to receive dividends paid on the Company's Common Stock.

Upon liquidation, dissolution and winding up of the Company, whether voluntary or involuntary, the Unaffiliated investors of the Series A Preferred Shares then outstanding are not entitled to receive out of the assets of the Company, whether from capital or earnings available for distribution, any amounts which will be otherwise available to and distributed to the holders of common stock.

Common Stock

Effective January 18, 2013, the Company filed with Secretary of State of Nevada a Certificate of Change that affected a 1:50 reverse split in the Company's outstanding common stock and a reduction of the Company’s authorized common stock in the same 1:50 ratio, from 500,000,000 shares to 10,000,000 shares. The Company  has retroactively restated all share amounts to show effects of the Common Stock split.

On August 18, 2021, the Company increased its authorized capital to 5,000,000,000 shares of common stock with par value $0.00075.

During the three and six-months ended January 31, 2024, the Company issued no common stock.

In October 2022, the shareholders representing a majority of the Company's issued voting shares, as well as the Company's Board of Directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock. Concurrently with the reverse split, the Company has approved the decrease in its authorized shares of common stock from 5,000,000,000 shares with par value $0.00075 to 250,000,000 shares with par value $0.001. The Company has retroactively restated all share amounts to show effects of the reverse split.

During the three and six months ended January 31, 2023, the Company issued 137,273 shares of common stock for total proceeds of $25,486. The Company also cancelled 37,079 shares of common stock for no monetary amount.

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Related Party Transactions

6 Months Ended

Jan. 31, 2024

Related Party Transactions

Related Party Transactions

Note 6. Related Party Transactions

There were no reportable related party transactions during three and six month ended January 31,2024 and 2023.

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Commitments and Contingencies

6 Months Ended

Jan. 31, 2024

Commitments and Contingencies

Commitments and Contingencies

Note 7. Commitments and Contingencies

From time to time, the Company may be involved in litigation in the ordinary course of business. The Company is not currently involved in any litigation that the Company believe could have a material adverse effect on its financial condition or results of operations.

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Subsequent Events

6 Months Ended

Jan. 31, 2024

Subsequent Events

Subsequent Events

Note 8. Subsequent Events

The Company has filed an Amendment to its Articles of Incorporation (the “Amendment”) with the Secretary of State of Nevada, changing its name from “Cyber Apps World Inc.” to “Leopard Energy, Inc.” effective April 26, 2024.

Management evaluated all additional events through June 21, 2024, which is the date the financial statements were available to be issued. Based upon this review, unless noted below, the Company did not identify any material subsequent events that would have required adjustment or disclosure in the financial statements. 

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jan. 31, 2024

Summary of Significant Accounting Policies

Basis of Presentation

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited interim financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.

The accompanying unaudited condensed consolidated financial statements include the accounts of Leopard Energy, Inc, (formerly known as Cyber Apps World Inc.) (the “Company”). These financial statements are condensed and, therefore, do not include all disclosures normally required by accounting principles generally accepted in the United States of America. Therefore, these statements should be read in conjunction with the most recent annual financial statements of The Company for the year ended July 31, 2023, included in the Company’s Form 10-K filed with the Securities and Exchange Commission. In particular, the Company’s significant accounting principles were presented as Note 2 to the Financial Statements in that report. In the opinion of management, all adjustments necessary for a fair presentation have been included in the accompanying interim condensed financial statements and consist of only normal recurring adjustments. The results of operations presented in the accompanying interim condensed financial statements are not necessarily indicative of the results that may be expected for the full year ending July 31, 2024.

Going Concern

The accompanying unaudited interim consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future.

As reflected in the accompanying unaudited interim financial statements for the six months ended January 31, 2024, the Company incurred net loss of $55,557. The Company did not have any revenue during the six months ended January 31, 2024. As of January 31, 2024, the Company had accumulated deficit of $ 11,527,704 and a working capital deficit of $ 89,625. Management believes these factors raise substantial doubt about the Company’s ability to continue as a going concern for the next twelve months.

The Company’s financial statements for the three and six months ended January 31, 2024, have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. The Company did not generate any revenue during the three and six months ended January 31, 2024.

Management recognized that the Company’s continued existence is dependent upon its ability to obtain needed working capital through additional equity and/or debt financing and revenue to cover expenses as the Company continues to incur losses. Since its incorporation, the Company has financed its operations through advances from its controlling shareholders, third-party convertible debt, and the sale of its common stock. Management’s plans are to finance operations through the sale of equity or other investments for the foreseeable future, as the Company does not receive significant revenue from its business operations. There is no guarantee that the Company will be successful in arranging financing on acceptable terms.

The Company’s ability to raise additional capital is affected by trends and uncertainties beyond its control. The Company does not currently have any arrangements for financing, and it may not be able to find such financing if required. Obtaining additional financing would be subject to a number of factors, including investor sentiment. Market factors may make the timing, amount, terms or conditions of additional financing unavailable to it. These uncertainties raise substantial doubt about the ability of the Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties.

Since its acquisition of a controlling interest in August 2023, Zenith Energy Ltd. (“Zenith Energy”), the Company’s controlling stockholder, has provided approximately $276,000 in working capital on behalf of the Company and also put in $45,000 paid in capital. Zenith Energy has indicated that intends to continue to finance CYAP and its expansion into the energy sector, pending the receipt of additional financing.

The Company’s significant accounting policies are summarized in Note 2 of the Company’s Annual Report on Form 10-K for the year ended July 31, 2023. There were no significant changes to these accounting policies during the three and six months ended January 31, 2024, and the Company does not expect that the adoption of other recent accounting pronouncements will have a material impact on its financial statements.

Restatement of previously issued consolidated financial statements

The Company identified series of misstatements and restated its previously issued financial statements for the years ended July 31, 2023 and 2022 in the Form 10-K filed with SEC on April 17, 2024. Accordingly, the Company has restated the accompanying unaudited consolidated financial statements for the six-month ended January 31,2024 and 2023 that were previously included in the Form 10-Q filed with the SEC on March 22, 2024.

The restatement primarily relates to equity retrospectively restatement, convertible bonds redemption liability and liabilities write off upon controlling interest transfer in August 2023.

Major Restatement Background

In October 2022, the shareholders representing a majority of the Company's issued voting shares, as well as the Company's Board of Directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock.  Common stock, additional paid-in capital and per share data was not presented on a retroactive basis to reflect the reverse stock split in previously filed 10-K. The Company corrected the Changes in Shareholder’s Equity to retrospectively state the movement.

Subsequently on August 23, 2023, the original major shareholder, JanBella Group, LLC, sold the 100,000 Series A Preferred Shares it held to Zenith Energy Ltd. for consideration of approximately $398,400. In the change in control transaction, Zenith Energy acquired 99.87% of the voting power of the Company. Upon the share transfer, Zenith Energy bear the settlement for all existing convertible promissory notes and also partial accounts payable balance, the remining liabilities balance will be written off per controlling interest transfer. The Company previously recorded the redemption of convertible promissory notes and payment of accounts payable balance by Zenith Energy as other income. After reassessing the situation, the Company corrected the mistake to record the portion paid by Zenith Energy as a paid in capital from shareholder.

The impact of restatement

The following table summarized the effect of the restatement on each financial statement line items as of and for the six-month ended January 31, 2023 and 2022, as indicated:

Summary of restatement – unaudited condensed consolidated balance sheets

	As of  January 31,
	2024			2024
	(Unaudited and Restated)			(Previously Filed)
	$			$
Current assets:
Cash	$	5,698		$	5,698
Deposits & prepayments		3,561			3,561
Total current assets		9,259			9,259
Other assets:
Lavaca Country Texas Producing Asset		39,280			39,280
Total other assets		39,280			39,280
Total Assets	$	48,539		$	48,539
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities	$	98,884		$	21,171
Total current liabilities		98,884			21,171
Long term liabilities:
Convertible notes payable		-			-
Loan payable		-			-
Total non-current liabilities		-			-
Total Liabilities		98,884			21,171
STOCKHOLDER’S DEFICIT
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,		100			100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively		1,272			1,272
Additional paid in capital		11,475,987			11,262,696
Accumulated deficit		(11,527,704	)		(11,236,700	)
Total Stockholder’s Deficit		(50,345	)		27,368
Total Liabilities and Stockholder’s Deficit	$	48,539		$	48,539

Summary of restatement – unaudited condensed consolidated statements of operations and comprehensive loss 

For the three and six month periods ended January 31, 2024 and 2023 (Restated)

	For the three month period ended						For the six month period ended
	January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)			January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		32,726	)		(38,447	)		(75,243	)		(62,205	)
Negotiating expenses		(1,235	)		-			(25,465	)		-
Total operating expenses		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Operating loss		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Other income (expense)
Write off convertible notes		-			-			8,423			-
Write off loan payable		-			-			13,134			-
Write off loan payable		-			-			26,619			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		(3,025	)		-			45,151			-
Net loss		(36,986	)		(38,447	)		(55,557	)		(62,205	)
Net loss per share – basic and diluted		(0.03	)		(0.04	)		(0.04	)		(0.06	)
Weighted average shares outstanding – basic and diluted		1,272,917			1,059,608			1,272,917			1,057,512

For the three and six month periods ended January 31, 2024 and 2023 (Previously Filed)

	For the three month period ended						For the six month period ended
	January 31, 2024			January 31, 2023			January 31, 2024			January 31, 2023
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		(7,168	)		(53,447	)		(75,243	)		(77,205	)
Write off Accounts payable		43,619			-			43,619			-
Write off Software		(488,696	)		-			(488,696	)		-
Negotiating expenses		(25,465	)		-			25,465	)		-
Total operating expenses		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Operating income (loss)		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Other income (expense)
Write off convertible notes		-			-			180,686			-
Write off loan payable		11,597			-			11,597			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		8,572			-			189,258			-
Net income (loss)		(469,138	)		(53,447	)		(356,527	)		(77,205	)
Net income (loss) per share – basic and diluted		(0.37	)		(0.00	)		(0.28	)		(0.00	)
Weighted average shares outstanding – basic and diluted		1,272,917			16,061,667			1,272,917			16,061,667

Summary of restatement – unaudited consolidated statement of changes in shareholders’ deficit

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

For the six-month periods ended January 31, 2024 and 2023 (Unaudited and Restated)

	Common Stock						Preferred Stock						Paid in		Accumulated
	Number			Par Value			Number			Par Value			Capital		Deficit			Total
				$						$			$		$			$
Opening balance as of July 31, 2022		961,448			961			-			-			11,123,597		(11,323,253	)		(198,695	)
Issuance of Common stock from convertible notes conversion		98,160			98						-			23,388		-			23,486
Issuance of Common Stock		37,079			37			-			-			-		-			37
Cancellation of Common shares		(37,079	)		(37	)					-			-		-			(37	)
Net Loss		-			-			-			-			-		(23,758	)		(23,758	)
Closing Balance as of October, 2022		1,059,608			1,059			-			-			11,146,985		(11,347,011	)		(198,967	)
Issuance of Common Stock		2,034			2			-			-			-		-			2
Issuance of Preferred stock								300,000			300			-		-			300
Cancellation of Preferred stock								(200,000	)		(200	)		-		-			(200	)
Net Loss																(38,447	)		(38,447	)
Closing Balance as of January 31, 2023		1,061,642			1,061			100,000			100			11,146,985		(11,385,458	)		(237,312	)
Opening balance as of July 31, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)
Additional paid in capital		-			-			-			-			266,444		-			266,444
Net Loss		-			-			-			-			-		(18,571	)		(18,571	)
Closing Balance as of October, 2023		1,272,917			1,272			100,000			100			11,421,629		(11,490,718	)		(67,717	)
Additional paid in capital														54,358					54,358
Net Loss																(36,986	)		(36,986	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000			100			11,475,987		(11,527,704	)		(50,345	)

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

 For the six-month periods ended January 31, 2024 and 2023 (Previously Filed)

											Additional			Shares
	Common Stock						Preferred Stock				paid in			to be		Accumulated
	Share			Value			Share		Value		Capital			issued		Deficit			Total
				$					$		$			$		$			$
Opening balance as of July 31, 2022		807,616,147			444,701			100,000		100		10,654,292			-		(10,882,935	)		216,158
Issuance of Common Stock		97,454,780			76,841			-		-		(38,391	)		-		-			38,450
Cancellation of Common shares		(889,011,264	)		-			-		-		-			-		-			-
Preferred Stock Issuance		-			-			200,000		200		-			-		-			200
Round up shares		2,004			2			-		-		(2	)		-		-			-
Net Loss		-			-			-		-		-			-		(77,205	)		(77,205	)
Closing Balance as of January 31, 2023		16,061,667			521,544			300,000		300		10,615,899			-		(10,960,140	)		177,603
Opening balance as of July 31, 2023		1,272,917			506,755			100,000		100		10,624,138			-		(10,880,173	)		250,820
Issuance of Common Stock		-			-			-		-		-			-		-			-
Additional paid in capital		-			-			-		-		133,075			-		-			133,075
Fair Value Adjustment		-			(505,483	)		-		-		505,483			-		-			-
Net Profit		-			-			-		-		-			-		(356,527	)		(356,527	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000		100		11,262,696			-		(11,236,700	)		27,368

Summary of restatement – consolidated statement of cash flows

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

	For the six months ended January 31,
	2024			2023			2024			2023
	(Unaudited and Restated)			(Unaudited and Restated)			(Previously Filed)			(Previously Filed)
Cash flows from operating activities	$			$						$
Net loss for the period		(55,557	)		(77,205	)		(356,527	)		(77,205	)
Adjustments to reconcile net loss to cash used in operating activities:
Convertible Notes Write off		(8,423	)		-			(180,686	)		-
Impairment of Intangible		-			-			488,696			-
Loan Payable write off		(13,134	)		-			(11,597	)		-
Accounts payable write off		(26,619	)		-			(43,619	)		-
Original initial discount and legal processing fees		-			19,340						19,340
Change in operating assets and liabilities
Deposits & prepayments		(3,561	)		-			(3,561	)		-
Accounts payable and accrued liabilities		19,194			(3,785	)		19,194			(19,327	)
Due to parent-operating expenses		88,075						88,075
Net cash provided from (used in) operating activities		(25	)		(61,650	)		(25	)		(96,532	)
Cash flows from investing activities
Lavaca County Texas Producing Asset		(39,280	)		-			(39,280	)		-
Software Development		-			(51,942	)		-			(51,942	)
Net cash used in investing activities		(39,280	)		(51,942	)		(39,280	)		(51,942	)
Cash flows from financing activities
Change in convertible notes payable		-			102,436			-			109,768
Proceeds from loan		-			22,000			-			-
Loan Repayment		-			(11,000	)		-			-
Proceeds from issuance of preferred shares		-			100			-			20,000
Proceeds from issuance of common shares		-			-			-			76,843
Proceeds from additional paid in capital		45,000			-			45,000			(38,393	)
Net cash provided by financing activities		45,000			113,536			45,000			148,418
Change in Cash		5,695			(56	)		5,695			(56	)
Cash – beginning of period		3			320			3			320
Cash – end of period		5,698			264			5,698			264
Supplemental cash flow disclosures
Cash paid For:
Interest		-			-
Income tax		-			-
Non-Cash Activities:
Shareholder contribution converted from due to parent balance		275,802			-

XML

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jan. 31, 2024

Summary of Significant Accounting Policies

Summary of restatement on financial statement

	As of  January 31,
	2024			2024
	(Unaudited and Restated)			(Previously Filed)
	$			$
Current assets:
Cash	$	5,698		$	5,698
Deposits & prepayments		3,561			3,561
Total current assets		9,259			9,259
Other assets:
Lavaca Country Texas Producing Asset		39,280			39,280
Total other assets		39,280			39,280
Total Assets	$	48,539		$	48,539
LIABILITIES
Current liabilities:
Accounts payable and accrued liabilities	$	98,884		$	21,171
Total current liabilities		98,884			21,171
Long term liabilities:
Convertible notes payable		-			-
Loan payable		-			-
Total non-current liabilities		-			-
Total Liabilities		98,884			21,171
STOCKHOLDER’S DEFICIT
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,		100			100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively		1,272			1,272
Additional paid in capital		11,475,987			11,262,696
Accumulated deficit		(11,527,704	)		(11,236,700	)
Total Stockholder’s Deficit		(50,345	)		27,368
Total Liabilities and Stockholder’s Deficit	$	48,539		$	48,539

	For the three month period ended						For the six month period ended
	January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)			January 31, 2024 (Unaudited and Restated)			January 31, 2023 (Unaudited and Restated)
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		32,726	)		(38,447	)		(75,243	)		(62,205	)
Negotiating expenses		(1,235	)		-			(25,465	)		-
Total operating expenses		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Operating loss		(33,961	)		(38,447	)		(100,708	)		(62,205	)
Other income (expense)
Write off convertible notes		-			-			8,423			-
Write off loan payable		-			-			13,134			-
Write off loan payable		-			-			26,619			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		(3,025	)		-			45,151			-
Net loss		(36,986	)		(38,447	)		(55,557	)		(62,205	)
Net loss per share – basic and diluted		(0.03	)		(0.04	)		(0.04	)		(0.06	)
Weighted average shares outstanding – basic and diluted		1,272,917			1,059,608			1,272,917			1,057,512

	For the three month period ended						For the six month period ended
	January 31, 2024			January 31, 2023			January 31, 2024			January 31, 2023
	$			$			$			$
Net Sales		-			-			-			-
Cost of Goods Sold		-			-			-			-
Gross Income		-			-			-			-
General and administrative		(7,168	)		(53,447	)		(75,243	)		(77,205	)
Write off Accounts payable		43,619			-			43,619			-
Write off Software		(488,696	)		-			(488,696	)		-
Negotiating expenses		(25,465	)		-			25,465	)		-
Total operating expenses		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Operating income (loss)		(477,710	)		(53,447	)		(545,785	)		(77,205	)
Other income (expense)
Write off convertible notes		-			-			180,686			-
Write off loan payable		11,597			-			11,597			-
Financial expense		(3,025	)		-			(3,025	)		-
Total other income (expense)		8,572			-			189,258			-
Net income (loss)		(469,138	)		(53,447	)		(356,527	)		(77,205	)
Net income (loss) per share – basic and diluted		(0.37	)		(0.00	)		(0.28	)		(0.00	)
Weighted average shares outstanding – basic and diluted		1,272,917			16,061,667			1,272,917			16,061,667

	Common Stock						Preferred Stock						Paid in		Accumulated
	Number			Par Value			Number			Par Value			Capital		Deficit			Total
				$						$			$		$			$
Opening balance as of July 31, 2022		961,448			961			-			-			11,123,597		(11,323,253	)		(198,695	)
Issuance of Common stock from convertible notes conversion		98,160			98						-			23,388		-			23,486
Issuance of Common Stock		37,079			37			-			-			-		-			37
Cancellation of Common shares		(37,079	)		(37	)					-			-		-			(37	)
Net Loss		-			-			-			-			-		(23,758	)		(23,758	)
Closing Balance as of October, 2022		1,059,608			1,059			-			-			11,146,985		(11,347,011	)		(198,967	)
Issuance of Common Stock		2,034			2			-			-			-		-			2
Issuance of Preferred stock								300,000			300			-		-			300
Cancellation of Preferred stock								(200,000	)		(200	)		-		-			(200	)
Net Loss																(38,447	)		(38,447	)
Closing Balance as of January 31, 2023		1,061,642			1,061			100,000			100			11,146,985		(11,385,458	)		(237,312	)
Opening balance as of July 31, 2023		1,272,917			1,272			100,000			100			11,155,185		(11,472,147	)		(315,590	)
Additional paid in capital		-			-			-			-			266,444		-			266,444
Net Loss		-			-			-			-			-		(18,571	)		(18,571	)
Closing Balance as of October, 2023		1,272,917			1,272			100,000			100			11,421,629		(11,490,718	)		(67,717	)
Additional paid in capital														54,358					54,358
Net Loss																(36,986	)		(36,986	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000			100			11,475,987		(11,527,704	)		(50,345	)

											Additional			Shares
	Common Stock						Preferred Stock				paid in			to be		Accumulated
	Share			Value			Share		Value		Capital			issued		Deficit			Total
				$					$		$			$		$			$
Opening balance as of July 31, 2022		807,616,147			444,701			100,000		100		10,654,292			-		(10,882,935	)		216,158
Issuance of Common Stock		97,454,780			76,841			-		-		(38,391	)		-		-			38,450
Cancellation of Common shares		(889,011,264	)		-			-		-		-			-		-			-
Preferred Stock Issuance		-			-			200,000		200		-			-		-			200
Round up shares		2,004			2			-		-		(2	)		-		-			-
Net Loss		-			-			-		-		-			-		(77,205	)		(77,205	)
Closing Balance as of January 31, 2023		16,061,667			521,544			300,000		300		10,615,899			-		(10,960,140	)		177,603
Opening balance as of July 31, 2023		1,272,917			506,755			100,000		100		10,624,138			-		(10,880,173	)		250,820
Issuance of Common Stock		-			-			-		-		-			-		-			-
Additional paid in capital		-			-			-		-		133,075			-		-			133,075
Fair Value Adjustment		-			(505,483	)		-		-		505,483			-		-			-
Net Profit		-			-			-		-		-			-		(356,527	)		(356,527	)
Closing Balance as of January 31, 2024		1,272,917			1,272			100,000		100		11,262,696			-		(11,236,700	)		27,368

	For the six months ended January 31,
	2024			2023			2024			2023
	(Unaudited and Restated)			(Unaudited and Restated)			(Previously Filed)			(Previously Filed)
Cash flows from operating activities	$			$						$
Net loss for the period		(55,557	)		(77,205	)		(356,527	)		(77,205	)
Adjustments to reconcile net loss to cash used in operating activities:
Convertible Notes Write off		(8,423	)		-			(180,686	)		-
Impairment of Intangible		-			-			488,696			-
Loan Payable write off		(13,134	)		-			(11,597	)		-
Accounts payable write off		(26,619	)		-			(43,619	)		-
Original initial discount and legal processing fees		-			19,340						19,340
Change in operating assets and liabilities
Deposits & prepayments		(3,561	)		-			(3,561	)		-
Accounts payable and accrued liabilities		19,194			(3,785	)		19,194			(19,327	)
Due to parent-operating expenses		88,075						88,075
Net cash provided from (used in) operating activities		(25	)		(61,650	)		(25	)		(96,532	)
Cash flows from investing activities
Lavaca County Texas Producing Asset		(39,280	)		-			(39,280	)		-
Software Development		-			(51,942	)		-			(51,942	)
Net cash used in investing activities		(39,280	)		(51,942	)		(39,280	)		(51,942	)
Cash flows from financing activities
Change in convertible notes payable		-			102,436			-			109,768
Proceeds from loan		-			22,000			-			-
Loan Repayment		-			(11,000	)		-			-
Proceeds from issuance of preferred shares		-			100			-			20,000
Proceeds from issuance of common shares		-			-			-			76,843
Proceeds from additional paid in capital		45,000			-			45,000			(38,393	)
Net cash provided by financing activities		45,000			113,536			45,000			148,418
Change in Cash		5,695			(56	)		5,695			(56	)
Cash – beginning of period		3			320			3			320
Cash – end of period		5,698			264			5,698			264
Supplemental cash flow disclosures
Cash paid For:
Interest		-			-
Income tax		-			-
Non-Cash Activities:
Shareholder contribution converted from due to parent balance		275,802			-

XML

Summary of Significant Accounting Policies (Details) - USD ($)	Jan. 31, 2024	Jan. 30, 2024	Oct. 31, 2023	Jul. 31, 2023	Jan. 31, 2023	Jan. 30, 2023	Oct. 31, 2022	Jul. 31, 2022
Cash	$ 5,698			$ 3	$ 264			$ 320
Deposits & prepayments	3,561			0
Total current assets	9,259			3
Lavaca Country Texas Producing Asset	39,280			0
Total other assets	39,280			0
Total Assets	48,539			3
Accounts payable and accrued liabilities	98,884			123,309
Total current liabilities	98,884			123,309
Convertible notes payable	0			179,150
Loan payable	0			13,134
Total non-current liabilities	0			192,284
Total Liabilities	98,884			315,593
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,	100			100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively	1,272			1,272
Accumulated deficit	(11,527,704)			(11,472,147)
Total Stockholder's Deficit	(50,345)		$ (67,717)	(315,590)	$ (237,312)		$ (198,967)	(198,695)
Total Liabilities and Stockholder's Deficit	48,539			3
PREVIOUSLY FILED [Member]
Cash	5,698	$ 5,698		3		$ 264		320
Deposits & prepayments	3,561
Total current assets	9,259
Lavaca Country Texas Producing Asset	39,280
Total other assets	39,280
Total Assets	48,539
Accounts payable and accrued liabilities	21,171
Total current liabilities	21,171
Convertible notes payable	0
Loan payable	0
Total non-current liabilities	0
Total Liabilities	21,171
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,	100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively	1,272
Additional paid in capital	11,262,696
Accumulated deficit	(11,236,700)
Total Stockholder's Deficit	27,368
Total Liabilities and Stockholder's Deficit	48,539
RESTATED [Member]
Cash	5,698	$ 5,698		$ 3		$ 264		$ 320
Deposits & prepayments	3,561
Total current assets	9,259
Lavaca Country Texas Producing Asset	39,280
Total other assets	39,280
Total Assets	48,539
Accounts payable and accrued liabilities	98,884
Total current liabilities	98,884
Convertible notes payable	0
Loan payable	0
Total non-current liabilities	0
Total Liabilities	98,884
Preferred stock: $0,001 par value, 10,000,000 authorized, 100,000 issued and outstanding as of January 31, 2024 and July 31, 2023,	100
Common stock: $0,001 par value, 250,000,000 authorized, 1,272,917 issued and outstanding as of January 31, 2024 and as of July 31, 2023, respectively	1,272
Additional paid in capital	11,475,987
Accumulated deficit	(11,527,704)
Total Stockholder's Deficit	(50,345)
Total Liabilities and Stockholder's Deficit	$ 48,539

XML

Summary of Significant Accounting Policies (Details 1) - USD ($)	3 Months Ended				6 Months Ended
	Jan. 31, 2024	Oct. 31, 2023	Jan. 31, 2023	Oct. 31, 2022	Jan. 31, 2024	Jan. 31, 2023
Net Sales	$ 0		$ 0		$ 0	$ 0
Cost of Goods Sold	0		0		0	0
Gross Income	0		0		0	0
General and administrative	(32,726)		(38,447)		(75,243)	(62,205)
Negotiating expenses	(1,235)		0		(25,465)	0
Total operating expenses	(33,961)		(38,447)		(100,708)	(62,205)
Operating loss	(33,961)		(38,447)		(100,708)	(62,205)
Write off convertible notes	0		0		8,423	0
Write off loan payable	0		0		13,134	0
Total other income (expense)	(3,025)		0		45,151	0
Net loss	$ (36,986)	$ (18,571)	$ (38,447)	$ (23,758)	$ (55,557)	$ (62,205)
Net loss per share - basic and diluted	$ (0.03)		$ (0.04)		$ (0.04)	$ (0.06)
Weighted average shares outstanding - basic and diluted	1,272,917		1,059,608		1,272,917	1,057,512
PREVIOUSLY FILED [Member]
Net Sales	$ 0		$ 0		$ 0	$ 0
Cost of Goods Sold	0		0		0	0
Gross Income	0		0		0	0
General and administrative	(7,168)		(53,447)		(75,243)	(77,205)
Negotiating expenses	(25,465)		0		(25,465)	0
Total operating expenses	(477,710)		(53,447)		(545,785)	(77,205)
Operating loss	(477,710)		(53,447)		(545,785)	(77,205)
Financial expense	(3,025)		0		(3,025)	0
Net loss	$ (469,138)		$ (53,447)		$ (356,527)	$ (77,205)
Net loss per share - basic and diluted	$ (0.37)		$ (0.00)		$ (0.28)	$ (0.00)
Weighted average shares outstanding - basic and diluted	1,272,917		16,061,667		1,272,917	16,061,667
Write off Accounts payable	$ 43,619		$ 0		$ 43,619	$ 0
Write off Software	(488,696)		0		(488,696)	0
Write off convertible notes	0		0		180,686	0
Write off loan payable	11,597		0		11,597	0
Total other income (expense)	8,572		0		189,258	0
RESTATED [Member]
Net Sales	0		0		0	0
Cost of Goods Sold	0		0		0	0
Gross Income	0		0		0	0
General and administrative	(32,726)		(38,447)		(75,243)	(62,205)
Negotiating expenses	(1,235)		0		(25,465)	0
Total operating expenses	(33,961)		(38,447)		(100,708)	(62,205)
Operating loss	(33,961)		(38,447)		(100,708)	(62,205)
Write off convertible notes	0		0		8,423	0
Write off loan payable other	0		0		26,619	0
Write off loan payable	0		0		13,134	0
Financial expense	(3,025)		0		(3,025)	0
Total other income (expense)	(3,025)		0		45,151	0
Net loss	$ (36,986)	$ (18,571)	$ (38,447)	$ (23,758)	$ (55,557)	$ (62,205)
Net loss per share - basic and diluted	$ (0.03)		$ (0.04)		$ (0.04)	$ (0.06)
Weighted average shares outstanding - basic and diluted	1,272,917		1,059,608		1,272,917	1,057,512

XML

Summary of Significant Accounting Policies (Details 2) - USD ($)	3 Months Ended				6 Months Ended
	Jan. 31, 2024	Oct. 31, 2023	Jan. 31, 2023	Oct. 31, 2022	Jan. 31, 2024	Jan. 31, 2023	Jul. 31, 2023	Jul. 31, 2022
Net loss	$ (36,986)	$ (18,571)	$ (38,447)	$ (23,758)	$ (55,557)	$ (62,205)
Issuance of Common stock from convertible notes conversion, amount				23,486
Issuance of Common Stock, amount			2	37
Issuance of Preferred stock, amount			300
Cancellation of Common shares, amount				(37)
Cancellation of Preferred stock, amount			(200)
PREVIOUSLY FILED [Member]
Opening balance, amount							$ 250,820	$ 216,158
Net loss	(469,138)		(53,447)		(356,527)	(77,205)
Issuance of Common Stock, amount					0	38,450
Cancellation of Common shares, amount						0
Closing Balance, amount	27,368		177,603		27,368	177,603
Additional paid in capital					133,075
Fair Value Adjustment					0
Preferred Stock Issued, amount						200
Round up Shares, amount						0
PREVIOUSLY FILED [Member] | Common Stock [Member]
Opening balance, amount							$ 506,755	$ 444,701
Net loss					0	0
Opening balance, Shares							1,272,917	807,616,147
Issuance of Common Stock, amount					0	76,841
Cancellation of Common shares, amount						0
Closing Balance, amount	$ 1,272		$ 521,544		$ 1,272	$ 521,544
Closing Balance, shares	1,272,917		16,061,667		1,272,917	16,061,667
Additional paid in capital					$ 0
Fair Value Adjustment					(505,483)
Issuance of Common Stock, shares						97,454,780
Cancellation of Common shares, shares						(889,011,264)
Preferred Stock Issued, amount						$ 0
Round up Shares, shares						2,004
Round up Shares, amount						$ 2
PREVIOUSLY FILED [Member] | Preferred Stock [Member]
Opening balance, amount							$ 100	$ 100
Net loss					0	0
Opening balance, Shares							100,000	100,000
Issuance of Common Stock, amount					0	0
Closing Balance, amount	$ 100		$ 300		$ 100	$ 300
Closing Balance, shares	100,000		300,000		100,000	300,000
Additional paid in capital					$ 0
Fair Value Adjustment					0
Preferred Stock Issued, shares						200,000
Preferred Stock Issued, amount						$ 200
Round up Shares, amount						0
PREVIOUSLY FILED [Member] | Additional Paid In Capital [Member]
Opening balance, amount							$ 10,624,138	$ 10,654,292
Net loss					0	0
Issuance of Common Stock, amount					0	(38,391)
Cancellation of Common shares, amount						0
Closing Balance, amount	$ 11,262,696		$ 10,615,899		11,262,696	10,615,899
Additional paid in capital					133,075
Fair Value Adjustment					505,483
Preferred Stock Issued, amount						0
Round up Shares, amount						(2)
PREVIOUSLY FILED [Member] | Accumulated Deficit [Member]
Opening balance, amount							(10,880,173)	(10,882,935)
Net loss					(356,527)	(77,205)
Issuance of Common Stock, amount					0	0
Cancellation of Common shares, amount						0
Closing Balance, amount	(11,236,700)		(10,960,140)		(11,236,700)	(10,960,140)
Additional paid in capital					0
Fair Value Adjustment					0
Preferred Stock Issued, amount						0
Round up Shares, amount						0
PREVIOUSLY FILED [Member] | Shares to be issued [Member]
Opening balance, amount							0	0
Net loss					0	0
Issuance of Common Stock, amount					0	0
Cancellation of Common shares, amount						0
Closing Balance, amount	0		0		0	0
Additional paid in capital					0
Fair Value Adjustment					0
Preferred Stock Issued, amount						0
Round up Shares, amount						0
RESTATED [Member]
Opening balance, amount							(315,590)	(198,695)
Net loss	(36,986)	(18,571)	(38,447)	(23,758)	(55,557)	(62,205)
Issuance of Common stock from convertible notes conversion, amount				23,486
Issuance of Common Stock, amount			2	37
Issuance of Preferred stock, amount			300
Cancellation of Common shares, amount				(37)
Cancellation of Preferred stock, amount			(200)
Closing Balance, amount	(50,345)	(67,717)	(237,312)	(198,967)	(50,345)	(237,312)
Additional paid in capital	54,358	266,444
RESTATED [Member] | Common Stock [Member]
Opening balance, amount							$ 1,272	$ 961
Net loss	0	0		0
Opening balance, Shares							1,272,917	961,448
Issuance of Common stock from convertible notes conversion, amount				98
Issuance of Common Stock, amount			2	37
Cancellation of Common shares, amount				$ (37)
Closing Balance, amount	$ 1,272	$ 1,272	$ 1,061		$ 1,272	$ 1,061		$ 1,059
Closing Balance, shares	1,272,917	1,272,917	1,061,642		1,272,917	1,061,642		1,059,608
Additional paid in capital	$ 0	$ 0
Issuance of Common stock from convertible notes conversion, shares				98,160
Issuance of Common Stock, shares			2,034	37,079
Cancellation of Common shares, shares				(37,079)
RESTATED [Member] | Preferred Stock [Member]
Opening balance, amount							$ 100	$ 0
Net loss	0	0		$ 0
Opening balance, Shares							100,000
Issuance of Common stock from convertible notes conversion, amount				0
Issuance of Common Stock, amount			$ 0	0
Issuance of Preferred stock, shares			300,000
Issuance of Preferred stock, amount			$ 300
Cancellation of Common shares, amount				0
Cancellation of Preferred stock, shares			(200,000)
Cancellation of Preferred stock, amount			$ (200)
Closing Balance, amount	$ 100	$ 100	$ 100	0	$ 100	$ 100
Closing Balance, shares	100,000	100,000	100,000		100,000	100,000
Additional paid in capital	$ 0	$ 0
RESTATED [Member] | Additional Paid In Capital [Member]
Opening balance, amount							$ 11,155,185	11,123,597
Net loss	0	0		0
Issuance of Common stock from convertible notes conversion, amount				23,388
Issuance of Common Stock, amount			$ 0	0
Issuance of Preferred stock, amount			0
Cancellation of Common shares, amount				0
Closing Balance, amount	11,475,987	11,421,629	11,146,985	11,146,985	$ 11,475,987	$ 11,146,985
Additional paid in capital	54,358	266,444
Cancellation of Preferred stock			0
RESTATED [Member] | Accumulated Deficit [Member]
Opening balance, amount							$ (11,472,147)	$ (11,323,253)
Net loss	(36,986)	(18,571)	(38,447)	(23,758)
Issuance of Common stock from convertible notes conversion, amount				0
Issuance of Common Stock, amount			0	0
Issuance of Preferred stock, amount			0
Cancellation of Common shares, amount				0
Closing Balance, amount	(11,527,704)	(11,490,718)	(11,385,458)	$ (11,347,011)	$ (11,527,704)	$ (11,385,458)
Additional paid in capital	$ 0	$ 0
Cancellation of Preferred stock			$ 0

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Summary of Significant Accounting Policies (Details 3) - USD ($)	6 Months Ended				12 Months Ended
	Jan. 31, 2024	Jan. 30, 2024	Jan. 31, 2023	Jan. 30, 2023	Jul. 31, 2023
Net loss for the period	$ (55,557)		$ (77,205)
Original initial discount and legal processing	0		19,340
Deposits & prepayments	(3,561)		0
Accounts payable and accrued liabilities	19,194		(3,785)
Net cash provided from (used in) operating activities	(25)		(61,650)
Software Development	0		(51,942)
Net cash used in investing activities	(39,280)		(51,942)
Change in convertible notes payable	0		102,436
Proceeds from loan	0		22,000
Loan Repayment	0		(11,000)
Proceeds from issuance of preferred shares	0		100
Proceeds from issuance of common shares	0		0		$ 179,150
Proceeds from issuance of additional paid in capital	45,000		0
Net cash provided by financing activities	45,000		113,536
Change in Cash	5,695		(56)
Cash - beginning of period	3	$ 3	320	$ 320	320
Cash - end of period	5,698		264		3
Shareholder contribution converted from due to parent balance	275,802		0
Loan Repayment	0		11,000
PREVIOUSLY FILED [Member]
Net loss for the period		(356,527)		(77,205)
Convertible Notes Write off		(180,686)		0
Impairment of Intangible		488,696		0
Loan Payable write off		(11,597)		0
Accounts payable write off		(43,619)		0
Original initial discount and legal processing		0		19,340
Deposits & prepayments		(3,561)		0
Accounts payable and accrued liabilities		19,194		(19,327)
Due to parent-operating expenses		88,075		0
Net cash provided from (used in) operating activities		(25)		(96,532)
Lavaca County Texas Producing Asset		39,280		0
Software Development		0		(51,942)
Net cash used in investing activities		(39,280)		(51,942)
Change in convertible notes payable		0		109,768
Proceeds from loan		0		0
Loan Repayment		0		0
Proceeds from issuance of preferred shares		0		20,000
Proceeds from issuance of common shares		0		76,843
Proceeds from issuance of additional paid in capital		45,000		(38,393)
Net cash provided by financing activities		45,000		148,418
Change in Cash		5,695		(56)
Cash - beginning of period	3	3	320	320	320
Cash - end of period	5,698	5,698		264	3
Interest		0		0
Income tax		0		0
Shareholder contribution converted from due to parent balance		0		0
Loan Repayment		0		0
RESTATED [Member]
Net loss for the period		(55,557)		(77,205)
Convertible Notes Write off		(8,423)		0
Impairment of Intangible		0		0
Loan Payable write off		(13,134)		0
Accounts payable write off		(26,619)		0
Original initial discount and legal processing		0		19,340
Deposits & prepayments		(3,561)		0
Accounts payable and accrued liabilities		19,194		(3,785)
Due to parent-operating expenses		88,075
Net cash provided from (used in) operating activities		(25)		(61,650)
Lavaca County Texas Producing Asset		39,280		0
Software Development		0		(51,942)
Net cash used in investing activities		(39,280)		(51,942)
Change in convertible notes payable		0		102,436
Proceeds from loan		0		22,000
Loan Repayment		0		(11,000)
Proceeds from issuance of preferred shares		0		100
Proceeds from issuance of common shares		0		0
Proceeds from issuance of additional paid in capital		45,000		0
Net cash provided by financing activities		45,000		113,536
Change in Cash		5,695		(56)
Cash - beginning of period	3	3	$ 320	320	320
Cash - end of period	$ 5,698	5,698		264	$ 3
Interest		0		0
Income tax		0		0
Shareholder contribution converted from due to parent balance		275,802		0
Loan Repayment		$ 0		$ 11,000

XML

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended				6 Months Ended
	Jan. 31, 2024	Oct. 31, 2023	Jan. 31, 2023	Oct. 31, 2022	Jan. 31, 2024	Jan. 31, 2023	Jul. 31, 2023
Net loss	$ (36,986)	$ (18,571)	$ (38,447)	$ (23,758)	$ (55,557)	$ (62,205)
Accumulated deficit	(11,527,704)				(11,527,704)		$ (11,472,147)
Working capital deficit	89,625				89,625
Additional paid in capital	$ 11,475,987				$ 11,475,987		$ 11,155,185
JanBella Group, LLC | Series A Preferred Shares
Converted promissory note	100,000				100,000		100,000
Voting right percentage					99.87%
Consideration preferred value					$ 398,400
Zenith Energy Ltd
Working capital deficit	$ 276,000				276,000
Additional paid in capital	$ 45,000				$ 45,000

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Other assets (Details Narrative)	Jan. 17, 2024
Other assets
Royalty interest	5.00%

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Convertible Notes Payable and Loan Payable (Details Narrative) - USD ($)					1 Months Ended				6 Months Ended		12 Months Ended
	Dec. 15, 2022	Sep. 13, 2022	May 09, 2022	Jan. 04, 2022	Aug. 31, 2023	Aug. 23, 2023	Jun. 27, 2023	Jan. 17, 2023	Jan. 31, 2024	Jan. 31, 2023	Jul. 31, 2023	Jul. 31, 2022
Proceeds from issuance of common stock									$ 0	$ 0	$ 179,150
Principal amount									0		179,150
Loan payable									$ 0		13,134
Convertible Notes Payable
Principal amount		$ 33,000	$ 53,750	$ 50,000				$ 48,750
Remaining balance												$ 23,450
Convertible notes bear interest rate		10.00%	10.00%	10.00%				10.00%
Convertible gross proceed		$ 30,000	$ 53,750	$ 46,250				$ 45,000
Converted promissory note				64,504								98,160
Outstanding payable balance								$ 51,354
Accrued interest												$ 60,730
Per share				$ 0.41								$ 0.24
JanBella Group, LLC
Convertible promissory note, Principal amount	$ 46,750
Cash redeemed											$ 12,564
Convertible notes bear interest rate											10.00%
Convertible gross proceed	$ 40,000
Outstanding convertible debt											$ 34,186
JanBella Group, LLC | Series A Preferred Shares
Converted promissory note									100,000		100,000
Acquisition of preferred shares						100,000	100,000
Redemption of promissory note					34,186

XML

Preferred Stock and Common Stock (Details Narrative)	1 Months Ended				6 Months Ended		12 Months Ended
	Aug. 23, 2023 USD ($) integer shares	Jun. 27, 2023 shares	Jan. 31, 2023 shares	Jan. 18, 2013 shares	Jan. 31, 2024 USD ($) $ / shares shares	Jan. 31, 2023 USD ($) shares	Jul. 31, 2023 USD ($) $ / shares shares	Jul. 07, 2023 shares	Oct. 31, 2022 $ / shares shares	Jun. 27, 2022 $ / shares shares	Aug. 18, 2021 $ / shares shares
Reverse split				1:50
Common stock shares issued					137,273
Proceeds from issuance of common stock | $					$ 0	$ 0	$ 179,150
Common stock shares cancelled					37,079
Common stock, share authorized					250,000,000		250,000,000				5,000,000,000
Preferred share issued					100,000		100,000
Common stock, par value | $ / shares					$ 0.001		$ 0.001				$ 0.00075
Maximum [Member]
Common stock, share authorized									5,000,000,000
Common stock, par value | $ / shares									$ 0.00075
Minimum [Member]
Common stock, share authorized									250,000,000
Common stock, par value | $ / shares									$ 0.001
Series A Preferred Shares
Preferred share issued										100,000
Preferred stock, par value | $ / shares										$ 0.001
Shares issued during period, shares			200,000
Cancellation of preferred shares		100,000	200,000			200,000		100,000
Common Stock [Member]
Proceeds from issuance of common stock | $					$ 25,486
Common stock, share authorized				500,000,000
JanBella Group, LLC | Series A Preferred Shares
Number of votes entitles | integer	10,000
Acquisition of preferred shares	100,000	100,000
Voting right percentage		99.87%
Consideration preferred value | $	$ 398,400
Voting rights description	Each Series A Preferred Share entitles the Unaffiliated investor to 10,000 votes on all matters submitted to the shareholders of the Company's common stock. The Unaffiliated investor of the Series A Preferred Shares votes together with the Unaffiliated investors of common stock as a single class upon all matters submitted to a vote of shareholders