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Loans Payable
12 Months Ended
Jul. 31, 2019
Loans Payable [Abstract]  
Loans Payable

On April 16, 2017, the Company executed a promissory note for $15,000 with a third party. The note matures in two years and interest is set at $3,000 for the full two years. As of July 31, 2019, there is $15,000 and $1,875 of principal and accrued interest, respectively, due on this loan. This loan is currently in default.

 

As of July 31, 2019, the Company owed $5,000 to a third party. The loan is unsecured, non-interest bearing and due on demand.

 

During the year ended July 31, 2019, the Company extinguished $99,740 of aged debt for which collection would be statute barred and as such are eligible to be written off. The $99,740 was recognized as a gain on the settlement of debt.