NOTE 4 – DISCONTINUED OPERATIONS

9 Months Ended

Apr. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

NOTE 4 – DISCONTINUED OPERATIONS

NOTE 4 – DISCONTINUED OPERATIONS

 
On November 6, 2019, the Company discontinued its operations of subsidiary Global3pl, Inc., formerly known as KRG Logistics, Inc., (an Ontario corporation) and sold the assets of $54,296 for $10 dollars. As such, the assets of KRG Logistics, Inc. were removed from the accounts, and all remaining liabilities were classified as Discontinued Operations in the accompanying Balance Sheets. As of April 30, 2022, and July 31, 2021, the summaries of liabilities pertaining to discontinued operations were as follows:

	April 30, 2022		July 31, 2021
Accounts payable	$	460,262	$	460,262
Royal Bank line of credit		289,242		289,242
Unearned revenue		14,833		14,833
Accrued liabilities		64,663		64,663
Custom duties & GST payable		6,019		6,019
HST		2,759		2,759
Liabilities of discontinued operations	$	837,778	$	837,778