NOTE 5 – PROMISSORY NOTES

9 Months Ended

Apr. 30, 2022

Debt Disclosure [Abstract]

NOTE 5 – PROMISSORY NOTES

NOTE 5 – PROMISSORY NOTES

Promissory notes payable as of April 30, 2022, and July 31, 2021, consisted of the following:

Description	April 30, 2022		July 31, 2021
Note payable dated March 8, 2018, matured March 8, 2019, bearing interest at 10% per annum.	$	30,000	$	30,000
Note payable dated July 18, 2018, matured July 18, 2019, bearing interest at 8% per annum.	$	135,000	$	135,000
Note payable dated February 4, 2020, matured February 4, 2021, bearing interest at 18% per annum.	$	5,000	$	5,000
Note payable dated June 6, 2021, matured June 6, 2022, bearing interest at 8% per annum.	$	200,000	$	200,000
Note payable dated June 6, 2021, matured June 6, 2022, bearing interest at 8% per annum.	$	150,000	$	150,000
Total	$	520,000	$	520,000
Less current portion of long-term debt	$	520,000	$	520,000
Total long-term debt		—		—

Interest expense for the nine months ended April 30, 2022 and 2021, was $11,041 and $11,035, respectively.