Related Party Transactions

6 Months Ended

Jan. 31, 2023

Related Party Transactions

Related Party Transactions

NOTE 8 — RELATED PARTY TRANSACTIONS

For the six months ended January 31, 2023 and 2022, total payments of $32,000 and $35,000, respectively, were made to Noel Schaefer, a Director of the Company, for consulting services. As of January 31, 2023, and July 31, 2022, there is $30,500 and $26,500 credited to accounts payable.

As of January 31, 2023 and July 31, 2022, there is $1,900 and $1,900, respectively, credited to accounts payable for amounts due to Rachel Boulds, CFO, for consulting services.

On January 9, 2023, Ivan Webb, CEO, advanced the Company $5,000. The advance is intended as a short term, non-interest bearing and due on demand.

During the six months ended January 31, 2023, Mr. Webb purchased 500,000 shares of common stock for $10,000. As of January 31, 2023, the shares have not yet been issued by the transfer agent and are disclosed as common stock to be issued.