Perpetual Industries Inc. - Balance Sheets (USD $)	Oct. 31, 2014		Jul. 31, 2014
Current Assets
Cash	$ 4,197		$ 32,117
Accounts Receivable, current	535		535
Total Current Assets	4,732		32,652
Equipment, Net of Accumulated Depreciation	4,260		3,406
Total Assets	8,992		36,058
Liabilities and Stockholders' Equity (Deficit)
Accounts payable, current	9,373	[1]	151,653	[1]
Accrued expenses, current	225,270	[2]	1,330,140	[2]
Convertible notes payable	1,875,961	[3]		[3]
Other current liabilities	58,543		64,016
Total Current Liabilities	2,169,147		1,545,809
Long term liabilities			110,000
Total liabilities	2,169,147		1,655,809
Stockholders' Equity (Deficit)
Common Stock	34,019	[4]	33,123	[4]
Capital in excess of par value	6,139,165		5,045,258
Prepaid stock services	(187,500)
Deficit accumulated during development stage	(8,145,839)		(6,698,132)
Total Stockholders' Equity (Deficit)	(2,160,155)		(1,619,751)
Total Liabilities and Stockholders' Equity (Deficit)	$ 8,992		$ 36,058

[1] including related party balances of approximately $5,900 and $150,000 at October 31, 2014 and July 31, 2014, respectively.

[2] including related party balances of approximately $13,100 and $1,113,000 at October 31, 2014 and July 31, 2014, respectively.

[3] including related party balances of approximately $1,408,000 and $0 at October 31, 2014 and July 31, 2014, respectively.

[4] $0.001 par value, 100,000,000 shares authorized, 34,018,500 and 32,122,000 shares issued and outstanding at October 31, 2014 and July 31, 2014, respectively.