BANK BORROWINGS (Tables)

12 Months Ended

Jul. 31, 2024

BANK BORROWINGS

Schedule of bank borrowings

	Principal		Maturity	Interest			July 31,
	Amount		date	Rate			2024
Loan dated October 27,2023	$	114,800	11/1/2053		9.50	%	$	114,800
Loan dated October 27,2023		114,800	11/1/2053		9.50	%		114,800
Loan dated November 3,2023		88,000	11/15/2028		8.50	%		87,712
Loan dated November 3,2023		88,000	11/15/2028		8.50	%		87,726
Loan dated November 3,2023		88,000	11/15/2028		8.50	%		80,089
Loan dated November 3,2023		88,000	11/15/2028		8.50	%		44,153
Loan dated November 3,2023		88,000	11/15/2028		8.50	%		40,501
Loan dated July 26,2024		109,500	8/1/2054		8.63	%		109,500
Loan dated July 26,2024		126,300	8/1/2054		8.75	%		126,300
Loan dated July 26,2024		131,200	8/1/2054		9.13	%		131,200
Loan dated July 26,2024		131,200	8/1/2054		9.13	%		131,200
Total loans payable								1,067,981
Less: unamortized debt discount								(24,675	)
Total								1,043,306
Less: current portion of loans payable								(332,589	)
Long -term loans portion							$	710,717

Schedule of maturities of long term loans payable

	July 31,
	2024
Year ending July 31,
2025		538,885
2026		69,711
2027		69,711
2028		69,711
Thereafter		1,878,262
		2,626,280
Imputed interest		(1,558,299	)
	$	1,067,981