Equity

3 Months Ended

Oct. 31, 2016

Equity [Abstract]

EQUITY

NOTE 6 - EQUITY

Share capital

Preferred Stock

The Company has 20,000,000 authorized preferred shares with a par value of $0.0001 per share. The Board of Directors are authorized to divide the authorized shares of Preferred Stock into one or more series, each of which shall be so designated as to distinguish the shares thereof from the shares of all other series and classes.

There were no shares of preferred stock issued and outstanding as at October 31, 2016 and July 31, 2016.

Common Stock

During the three months ended October 31, 2016, the Company issued 2,553,191 shares of common stock for conversion of debt (see Note5).

There were 30,320,460 and 27,767,269 shares of common stock issued and outstanding as of October 31, 2016 and July 31, 2016, respectively.