SUBSEQUENT EVENTS

6 Months Ended

Jan. 31, 2022

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS

Management has evaluated subsequent events through the date these financial statements were available to be issued.

Subsequent to January 31, 2022, the Company issued debt as follows:

· 14% interest note payable of $3,500,000 with due on October 1, 2024.

· 10% interest note payable of $1,000,000 with due on December 1, 2024.

· Series A convertible bond of $30,000.

· 5.5% interest Series C Convertible Bonds of $20,000.

· 6% internet Series D Convertible Bonds of $25,000.

Subsequent to January 31, 2022, the Company issued common stock as follow:

· 695,000 shares for cash of $1,358,500

· 50,000 for exercise of warrants

· 57,000 shares for employee compensation

· 932,125 shares of common stock for conversion of debt of $3,530,000.

· 3,333,333 shares of common stock for conversion of 33,334 shares of preferred stock.

· 31,500 shares of common stock for $31,500.

Acquisitions:

· Effective March 1, 2022 the Company consummated the purchase of 100% of the membership interests in two Oregon LLCs: Cascade Moto Eugene, LLC and Cascade Moto Portland. These two Oregon LLCs were originally purchased by the Company’s CEO on August 15, 2021. The Company and two Oregon LLCs were under common control since August 15, 2021.

· Effective March 14, 2022, the Company consummated the purchase of the assets of Bloodworth Motorsports, Inc, a Tennessee corporation. These assets constitute the BMW and Ducati Motorcycle dealership located in Nashville, TN.