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Summary of Significant Accounting Policies (Policies)
6 Months Ended
Jan. 31, 2013
Accounting Policies [Abstract]  
Interim Financial Statements
Interim financial statements
 
The accompanying unaudited interim financial statements and related notes have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information, and with the rules and regulations of the United States Securities and Exchange Commission (the “SEC”) set forth in Article 8 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. The unaudited interim financial statements furnished reflect all adjustments (consisting of normal recurring accruals) which are, in the opinion of management, necessary to a fair statement of the results for the interim periods presented.  Unaudited interim results are not necessarily indicative of the results for the full fiscal year.  These financial statements should be read in conjunction with the financial statements of the Company for the fiscal year ended July 31, 2012 and notes thereto contained in the Company’s Annual Report on Form 10-K.
Classifications

Classifications

 

Certain items in prior periods have beenreclassified to conform with the presentation at January 31, 2013.

Inventories

Inventories

 

Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out (“FIFO”) method. Inventories are acquired from a contractmanufacturer and are, therefore, all finished goods.

Loan Costs

Loan Costs

 

The Company adopted the provisions ofFASB ASC 310-20-25, Loan Origination Fees and Direct Loan Origination Costs,and defers direct costs incurred to originatea loan. Deferred loans costs are amortized on a straight-line basis because of the short term nature of the related debt.

 

Share based Compensation

Share-Based Compensation

 

The Company follows the provisions ofFASB ASC 505-50, Equity Based Payments to Non-employees, which requires all stock-based payments to service providers,including grants of employee stock options, to be recognized in the financial statements based on their fair values on the dateof grant

 

The Company issues stock-based compensationawards to contractors, vendors and for marketing purposes. This compensation is generally in the form of restricted shares of commonstock.

 

The Company measures and recognizes compensationexpense for all stock-based awards based on the awards' fair value which is generally the quoted market value of common shareson the date that the contract mandating the award issuance is executed. The Company recognizes the expense on a straight-line basisover the service period of the related contract. However, if shares of common stock are issued as of the inception of a contractperiod and the Company does not have the right to recover any of the shares for nonperformance, the entire expense is recognizedat the inception date of the contract.

Basic and Diluted Loss Per Common Share

Basic and Diluted Loss Per Common Share

 

Net loss per common share is computedpursuant to section FASB ASC 260-10-45. Basic and diluted net income per common share has been calculated by dividing the net incomefor the period by the basic and diluted weighted average number of common shares outstanding assuming that the Company incorporatedas of the beginning of the first period presented. There were no dilutive shares outstanding at January 31, 2013 or 2012.  Issuablecommon stock is not included in the calculation of basic or diluted weighted average number of common shares outstanding becauseincluding these shares would be antidilutive.

Discontinued Operation

Discontinued Operations

 

In accordance with FASB ASC 205-20, Presentationof Financial Statements-Discontinued Operations, the Company reported the results of its commercial cleaning services as adiscontinued operation. The results of operations of business dispositions are   segregated from continuing operationsand reflected as discontinued operations in current and prior periods.

Recently Issued Accounting Standards

Recently Issued Accounting Standards

 

There were no new accounting pronouncementsthat had a significant impact on the Company’s operating results or financial position.