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Note 8 - Common Stock Transaction
12 Months Ended
Jul. 31, 2026
Notes to Financial Statements  
Equity [Text Block]

NOTE 8 — COMMON STOCK TRANSACTION

 

On October 18, 2024, the Company granted 100,000 shares of common stock for services. The shares were valued at $0.19, the closing stock price on the date of grant, for total non-cash expense of $19,000.

 

On April 30, 2025, the Company and the third party entered into a debt settlement agreement, whereby the parties agreed to settle the outstanding principal and interest for $30,000 in cash and 1,137,900 shares of common stock at $0.05 per share (Note 7). The shares were issued on June 2, 2025.

 

Pursuant to the terms of the Purchase Agreement with Lost Creek Acquisitions, LLC the Company issued 4,000,000 shares of common Stock (Note 4). The shares were issued by the transfer agent on September 15, 2025.

 

On January 7, 2026, the Company granted 50,000 shares of common stock to a third party for services. The shares were valued at $0.174, the closing price on the date of grant, for total non-cash expense of $8,700.

 

On January 7, 2026, the Company granted 50,000 shares of common stock to a different third party for services. The shares were valued at $0.174, the closing price on the date of grant, for total non-cash expense of $8,700.

 

On May 29, 2026, the Company granted 25,000 shares of common stock to a third party for legal services. The shares were valued at $0.0641, the closing price on the date of grant, for total non-cash expense of $1,603.

 

Refer to Notes 9 and 10 for shares issued to related parties.