Note 6 - Related Party Transactions

12 Months Ended

Jul. 31, 2024

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE 6 — RELATED PARTY TRANSACTIONS

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.

For the years ended July 31, 2024 and 2023, total payments of $72,000 and $72,000, respectively, were made to Noel Schaefer, a Director of the Company, for consulting services. As of July 31, 2024 and 2023, there is $26,500 credited to other payables (long term) and $26,500 credited to accounts payable, respectively.

On August 28, 2023, Mr. Miranda, director, purchased 1,666,667 shares of common stock for $25,000. The shares were issued by the transfer agent on March 15, 2024. In addition, Mr. Miranda also received 1,666,667 shares of common stock that were purchased and due from a prior period.

On November 15, 2023, Mr. Miranda, purchased 1,333,333 shares of common stock, for total cash proceeds of $20,000.

On December 20, 2023, Mr. Miranda purchased 1,333,333 shares of common stock, for total cash proceeds of $20,000.

On February 2, 2024, Mr. Miranda purchased 1,333,333 shares of common stock, for total cash proceeds of $20,000.

On March 12, 2024, Mr. Miranda purchased 1,666,667 shares of common stock, for total cash proceeds of $25,000.

On April 30, 2024, Robert Campbell, director, purchased 1,000,000 shares of common stock, for total cash proceeds of $15,000.