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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
9 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Cash Flows from Operating Activities    
Net loss $ (800,655) $ (2,272,575)
Adjustments to reconcile net loss to net cash used by operating activities:    
Loss on change in derivative liabilities (110,013) 660,968
Amortization of debt discount 243,404 310,091
Stock based compensation 108,552 438,435
Depreciation and amortization 12,244 15,988
Loss on settlement of accounts payable 0 165,000
Changes in operating assets and liabilities    
Increase (decrease) in prepaid assets (18,300) 140,250
Increase (decrease) in accounts payable 203,777 401,738
Increase (decrease) in accounts payable related party 8,657 (210,090)
Net cash used in operating activities (352,334) (350,195)
Cash Flows from investing    
Purchase of silver (152,785) (168,453)
Net cash used in investing activities (152,785) (168,453)
Cash Flows provided by Financing Activities    
Proceeds from related party advances 82,587 24,930
Payments on related party advances (61,312) (57,452)
Proceeds from sale of common stock 506,500 0
Proceeds from convertible notes payable 0 288,014
Repayments of convertible notes payable (25,000) (37,500)
Net cash provided by financing activities 502,775 217,992
Net decrease in Cash (2,344) (300,656)
Beginning cash balance 43,239 317,551
Ending cash balance 40,895 16,895
Supplemental disclosure of cash flow information    
Cash paid for interest 0 0
Cash paid for tax 0 0
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Derivative Liability written off to additional paid in capital 42,833 0
Shares issued for the conversion of debt $ 62,000 $ 0