XML 26 R16.htm IDEA: XBRL DOCUMENT v3.19.1
Subsequent Events
6 Months Ended
Jan. 31, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 10 – SUBSEQUENT EVENTS

 

Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, from the balance sheet date through the date the financial statement were available to be issued, and has determined that no material subsequent events exist other then the following.

 

Subsequent to January 31, 2019, the Company sold 2,500,000 shares of common stock for total cash proceeds of $75,000.

 

Subsequent to January 31, 2019, the Company's transfer agent issued 3,666,667, shares of common stock that were credited to common stock to be issued.

 

Subsequent to January 31, 2019, the Company entered into a Memorandum of Understanding with Labrador Capital SAPI de CV ("Labrador") to seek to enter into a Joint Venture Agreement for the acquisition and development of real estate projects in the Puerto Morelos area on the Yucatan Peninsula of Mexico.

 

Labrador has several projects identified in the Puerto Morelos area and wants to take advantage of this specific market conditions. Labrador desires to further develop projects in the Puerto Morelos area and is seeking investors. Victor Miranda is a principle owner of Labrador. Victor Miranda serves as the Company's Chief Financial Officer. Labrador is also a significant shareholder of the Company