Note 8 - Related Party Transactions

12 Months Ended

Jul. 31, 2023

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE 8 — RELATED PARTY TRANSACTIONS

For the years ended July 31, 2023 and 2022, total payments of $72,000 and $71,000, respectively, were made to Noel Schaefer, a Director of the Company, for consulting services. As of July 31, 2023 and 2022, there is $26,500 and $26,500 credited to accounts payable.

As of July 31, 2023 and 2022, there is $0 and $1,900, respectively, credited to accounts payable for amounts due to Rachel Boulds, CFO, for consulting services.

On January 9, 2023, Ivan Webb, CEO, advanced the Company $5,000. The advance was intended as a short term, non-interest bearing and due on demand. The advance was repaid on March 13, 2023.

During the year ended July 31, 2023, Mr. Webb purchased 500,000 shares of common stock for $10,000.

During the year ended July 31, 2023, Mr. Miranda purchased 1,666,667 shares of common stock for $25,000.

On July 24, 2023, the Company granted 700,000 shares of common stock for services to Mr. Webb. The shares were valued at $0.015, for total non-cash expense of $10,500.

On July 24, 2023, the Company granted 150,000 shares of common stock for services to Ms. Boulds. The shares were valued at $0.015, for total non-cash expense of $2,250.

On July 24, 2023, the Company granted 750,000 shares of common stock for services to Mr. Miranda. The shares were valued at $0.015, for total non-cash expense of $11,250.