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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Apr. 30, 2024
Apr. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (1,174,411) $ (131,069)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 20,889 0
Amortization of debt discount 1,458  
Impairment loss on investment 947,500 0
Changes in operating assets and liabilities:    
Prepaid expenses 34,858 0
Accounts receivable (101) 0
Accrued interest income 265 (4,163)
Accounts payable and accrued liabilities (24,166) (2,348)
Deferred interest income 0 (6,748)
Accrued interest-related party 4,453 0
Due to related parties 16,889 38,710
Net cash used in operating activities (172,366) (105,618)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment 0 (2,679,500)
Advance on loan receivable 0 (179,310)
Collection of loan receivable 0 157,105
Collection of loan receivable for third party investor 0 181,963
Capital expenditures on real estate property (657,754) (479,810)
Net cash used in investing activities (657,754) (2,999,552)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from bank borrowings 413,061 0
Advances from related parties 682,700 4,039,300
Repayments to related parties (395,811) (876,800)
Net cash provided by financing activities 699,950 3,162,500
EFFECT OF EXCHANGE RATE CHAGES ON CASH AND CASH EQUIVALENTS   0
Net change in cash (130,170) 57,330
Cash, beginning of period 151,718 718
Cash, end of period 21,548 58,048
Supplemental cash flow information    
Cash paid for interest 49,166 87,680
Cash paid for taxes 0 0
Supplemental non-cash investing and financing activity:    
Discount on bank borrowings 26,877 0
Issuance of loan agreements in exchange with due to related party 500,000 0
Common stock issued for settlement of debt 2,850,000 0
Assignment of debts between two related parties 500,000 0
Common stock cancelled 0 10
Reverse stock split adjustment $ 0 $ 1