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COMMON STOCK
3 Months Ended
Jan. 31, 2022
COMMON STOCK  
COMMON STOCK NOTE 7 - COMMON STOCK

 

Authorized Common Stock

 

The Company has authorized 300,000,000 shares of common stock at par value of $0.001 per share. Each share of common stock entitles the holder to one vote on any matter on which action of the stockholders of the corporation is sought.

 

During the six months ended January 31, 2022, 17,500,000 shares of common stock previously issued to former chief executive officer were cancelled (see Note 4).

 

During the six months ended January 31, 2022, the Company issued 35,189,100 shares of common stock as follows.

 

 

·

3,000,000 shares issued to the CEO for compensation valued at $120,000.

 

 

 

 

·

32,189,100 shares issued for conversion of debt of $643,782 (see Note 5)

 

There were 74,498,053 and 56,808,953 shares of common stock issued and outstanding as of January 31, 2022 and July 31, 2021, respectively.

 

As of January 31, 2022 and July 31, 2021, the Company had no options and warrants outstanding.