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RELATED PARTY TRANSACTIONS (Tables)
9 Months Ended
Apr. 30, 2021
RELATED PARTY TRANSACTIONS (Tables)  
Schedule of advances from related affiliate

 

 

Principal as of

 

 

Three Months ending

April 30, 2021

 

 

Principal as of

 

 

Accrued

interest balance

As of

 

 

 

July 31,

2020

 

 

Funds

advanced

 

 

Funds

repaid

 

 

April 30,

2021

 

 

April 30,

2021

 

B. Romanek, President and CEO

 

$ 13,267

 

 

$ 90,521

 

 

$ (69,246 )

 

$ 34,542

 

 

$ 6,076

 

Shareholder Relative of our President and CEO

 

 

70,393

 

 

 

-

 

 

 

-

 

 

 

70,393

 

 

 

11,055

 

TOTAL

 

$ 83,660

 

 

$ 90,521

 

 

$ (69,246 )

 

$ 104,935

 

 

$ 17,131

 

Schedule of derivative liabilities

Risk free interest rate

 

0.07% - 0.13

%

Expected term (years)

 

0.24 - 0.49

 

Expected volatility

 

236% - 283

 

Expected dividends

 

 

0 %