XML 26 R16.htm IDEA: XBRL DOCUMENT v3.20.4
Common Stock
3 Months Ended
Oct. 31, 2020
Equity [Abstract]  
Common Stock

On June 4, 2020, the Company filed a Certificate of Amendment to its Articles of Incorporation in which it increased its authorized capital stock to 250,000,000 shares of common stock, par value $0.001 and 50,000,000 shares of preferred stock, par value $0.001.

 

During the three months ended October 31, 2020, the Company sold 1,000,200 shares of common stock at $0.03 per share for total cash proceeds of $80,000. As of October 31, 2020, 1,666,667 shares, for a total of $50,000, had not yet been issued and have been credited to common stock to be issued.