Perpetual Industries Inc. - Balance Sheets (USD $)	Apr. 30, 2015		Jul. 31, 2014
Current Assets
Cash	$ 8,839		$ 32,117
Accounts Receivable, current	535		535
Total Current Assets	9,374		32,652
Equipment, Net of Accumulated Depreciation	3,308		3,406
Total Assets	12,682		36,058
Liabilities and Stockholders' Equity (Deficit)
Accounts payable, current	84,548	[1]	151,653	[1]
Accrued expenses, current	288,502	[2]	1,330,140	[2]
Convertible notes payable and accrued interest	1,950,502	[3]		[3]
Other current liabilities	62,797		64,016
Total Current Liabilities	2,386,349		1,545,809
Long term liabilities			110,000
Total liabilities	2,386,349		1,655,809
Stockholders' Deficit
Common Stock	34,266	[4]	33,123	[4]
Capital in excess of par value	6,260,468		5,045,258
Prepaid stock services	(90,000)
Deficit accumulated during development stage	(8,578,401)		(6,698,132)
Total Stockholders' Deficit	(2,373,667)		(1,619,751)
Total Liabilities and Stockholders' Deficit	$ 12,682		$ 36,058

[1] including related party balances of approximately $60,186 and $150,000 at April 30, 2015 and July 31, 2014, respectively.

[2] including related party balances of approximately $94,356 and $1,113,000 at April 30, 2015 and July 31, 2014, respectively.

[3] including related party balances of approximately $1,464,325 and $0 at April 30, 2015 and July 31, 2014, respectively.

[4] $0.001 par value, 100,000,000 shares authorized, 34,266,000 and 33,122,000 shares issued and outstanding at April 30, 2015 and July 31, 2014, respectively.