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Perpetual Industries Inc. - Statements of Operations (USD $)
3 Months Ended 6 Months Ended 108 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2014
Jan. 31, 2013
Jan. 31, 2014
Income Statement          
Revenues $ 25,986 $ 14,719 $ 157,211 $ 35,822 $ 379,637
Operating Expenses:          
Related party expenses (81,363) (137,003) (168,193) (344,141) (4,122,098)
Other operating expenses (88,376) (97,203) (186,627) (185,896) (2,133,758)
Total operating expenses (169,739) (234,206) (354,820) (530,037) (6,255,856)
Operating loss (143,753) (219,487) (197,609) (494,215) (5,876,219)
Other Income (Expense):          
Interest income, related party 7,220 9,064 15,898 18,193 274,839
Interest expense, related party (12,682) (10,120) (24,845) (19,592) (197,632)
Interest expense, non-related party (1,182)   (1,182)   (1,182)
Warrant issuance expense     (184,408)   (1,254,224)
Derivative income   281,755   515,952 1,533,297
Provision for loan and interest losses         (809,245)
Other 6,928 (2,717) 6,468 (4,613) (6,511)
Net (loss) income $ (143,469) $ 58,495 $ (385,678) $ 15,725 $ (6,336,877)
Basic and Diluted (Loss) Earnings Per Share $ 0.00 $ 0.00 $ (0.01) $ 0.00 $ (0.28)
Basic and Diluted Weighted Average Common Shares Outstanding 32,470,000 29,231,500 32,470,000 29,239,150 22,504,199