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Note 7 - Convertible Notes: Convertible Debt (Tables)
3 Months Ended
Oct. 31, 2014
Tables/Schedules  
Convertible Debt

 

Holder’s Relationship to Company

Nature of Services

Convertible Principal

Convertible Interest as at Oct. 31, 2014

 

 

 

 

Chairman, President and CEO

Management services to Sep 30 ’14

$   328,960

$       2,193

General Manager of Operations

Management services to Sep 30 ’14

72,251

482

 

Subtotal, Executive Officers (as defined in Rule 501(f) of Securities Act Regulation D)

401,211

2,675

 

 

 

 

Licensor of XYO Technology

Royalty and license fees accrued as at Sep 30 ’14 including accrued interest

997,826

6,652

All others: consultants and/or independent contractors

Various marketing, engineering and administrative services

464,500

3,097

 

Subtotal, Non-Executive Officers

1,462,326

9,749

 

 

 

 

 

Total

1,863,537

12,424