SUBSEQUENT EVENTS

9 Months Ended

Apr. 30, 2015

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 10 – SUBSEQUENT EVENTS

On May 27, 2015, the Company issued 1,000,000 shares of common stock to its CEO as per the terms of his employment agreement.

During the three months ended April 30, 2015, $185,000 was received and reported as common stock subscriptions.  On May 20, 2015, the Company entered into a Share Purchase Agreement with each of two non-US investors, pursuant to Regulation S, as promulgated under the Securities Act of 1933, as amended regarding such subscriptions.  Pursuant to the purchase agreements, the investors purchased an aggregate of 984,375 shares of the Company's common stock for $315,000 (the "Purchase Price"), at a value of $0.32 per share. $70,000 of these subscriptions however was received in May 2015.

On April 8, 2015, the Company signed a non-binding letter of intent with Steampunk Wizards Ltd. (“Steampunk”) to acquire 100% interest of Steampunk. In May 2015, $84,861(Euro 75,000)was paid by the Company to Steampunk as deposit for the acquisition; however, a number of material conditions to close, including an audit of Steampunk and drafting and negotiating definitive acquisition agreements, must be satisfied and therefore the acquisition may never occur.

In May 2015, the Company's Board of Directors adopted and approved, and the holders of the majority of the common stock voting power adopted and approved by written consent, an amendment to the Company’s Articles of Incorporation to change the name of the Company to Steampunk Wizards, Inc. to expand the range of business operations that can be associated with our corporate name (the “Name Change") and to effect a 1:2.5 reverse stock split (the “Stock Split,” together with the Name Change, the “Corporate Actions”).  Following the proper notice provisions, the Corporate Actions are expected to take place on or about July 2, 2015.  Following such date, the Company’s common stock will trade under the symbol SPWZ.