LOANS PAYABLE	6 Months Ended
Jan. 31, 2022
LOANS PAYABLE
LOANS PAYABLE	NOTE 7 – 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 January 31, 2022, there is $15,000 and $5,625 of principal and accrued interest, respectively, due on this loan. As of July 31, 2021, there is $15,000 and $4,875 of principal and accrued interest, respectively, due on this loan. This loan is currently in default. On June 11, 2020, a third party loaned the Company $14,000. On September 9, 2020, the Company repaid $5,000 on this loan. On March 3, 2021, the party loaned another $5,000 to the Company, which was repaid during the six months ended January 31, 2022. The loan is unsecured, non-interest bearing and due on demand. As of January 31, 2022, there is a balance due of $9,000. As of January 31, 2022, 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, 2020, a third party loaned the Company $15,000. The loan is unsecured, bears interest at 8% per annum and matures on September 1, 2021. During the six months ended January 31, 2022, the note holder converted the $15,000 of principal and $2,400 of interest into 435,000 shares of common stock. As of January 31, 2022, the Company issued 174,000 shares of the stock, with the remaining 261,000 still due. During the year ended July 31, 2020, a third party loaned the Company $60,000. The loan is unsecured, bears interest at 8% per annum and matures on September 1, 2021. As of January 31, 2022, there is $11,165 of interest accrued on this note.

LOANS PAYABLE

6 Months Ended

Jan. 31, 2022

NOTE 7 – 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 January 31, 2022, there is $15,000 and $5,625 of principal and accrued interest, respectively, due on this loan. As of July 31, 2021, there is $15,000 and $4,875 of principal and accrued interest, respectively, due on this loan. This loan is currently in default.

On June 11, 2020, a third party loaned the Company $14,000. On September 9, 2020, the Company repaid $5,000 on this loan. On March 3, 2021, the party loaned another $5,000 to the Company, which was repaid during the six months ended January 31, 2022. The loan is unsecured, non-interest bearing and due on demand. As of January 31, 2022, there is a balance due of $9,000.

As of January 31, 2022, 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, 2020, a third party loaned the Company $15,000. The loan is unsecured, bears interest at 8% per annum and matures on September 1, 2021. During the six months ended January 31, 2022, the note holder converted the $15,000 of principal and $2,400 of interest into 435,000 shares of common stock. As of January 31, 2022, the Company issued 174,000 shares of the stock, with the remaining 261,000 still due.

During the year ended July 31, 2020, a third party loaned the Company $60,000. The loan is unsecured, bears interest at 8% per annum and matures on September 1, 2021. As of January 31, 2022, there is $11,165 of interest accrued on this note.