Summary of Significant Accounting Policies (Tables)

3 Months Ended

Oct. 31, 2019

Accounting Policies [Abstract]

Schedule of Fair Value, Liabilities Measured on Recurring Basis

The following tables present the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of October 31, 2019 and July 31, 2019:

As of July 31, 2019	Amount		Level 1		Level 2		Level 3
Embedded conversion derivative liability	$	177,746	$	-	$	-	$	177,746
Warrant derivative liability		47,063		-				47,063
Total as of July 31, 2019	$	224,809	$	-	$	-	$	224,809

As of October 31, 2019
Embedded conversion derivative liability	$	203,173	$	-	$	-	$	203,173
Warrant derivative liability		47,063		-		-		47,063
Total as of October 31, 2019	$	250,236	$	-	$	-	$	250,236

Schedule of Changes in Fair Value of Derivative Liability

The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the derivative financial instruments, measured at fair value on a recurring basis using significant unobservable inputs:

Balance at July 31, 2018	$	351,492
Fair value of derivative liability at issuance charged to debt discount		115,000
Fair value of derivative liability at issuance charged to derivative loss		101,164
Reclass to equity due to conversion		(59,079	)
Write-off of derivative liability due to settlement		(57,248	)
Unrealized derivative gain included in other expense		(213,465	)
Balance at October 31, 2018	$	237,864
Balance at July 31, 2019	$	224,809
Fair value of derivative liability at issuance charged to debt discount		20,000
Fair value of derivative liability at issuance charged to derivative loss		22,518
Reclass to equity due to conversion		(16,994	)
Unrealized derivative gain included in other expense		(97	)
Balance at October 31, 2019	$	250,236

Schedule of Reconciliation of Basic and Diluted Earnings Per Share

The following is a reconciliation of basic and diluted earnings per share for the three months ended October 31, 2019 and 2018:

	Period Ended October 31, 2019			Period Ended October 31, 2018
Numerator:
Net income (loss) available to common shareholders	$	(1,204,543	)	$	45,622
Net income (loss) available to common shareholders adjusted for potential impact of the conversion of convertible notes outstanding	$	(1,204,543	)		(81,415	)
Denominator:
Weighted average common shares outstanding – basic		4,770,420,635			2,256,803,690
Plus: Incremental shares from convertible debt		-			1,420,323,254
Weighted average common shares outstanding - diluted		4,770,420,635			3,677,126,944
Net income (loss) per common share – basic	$	(0.00	)	$	0.00
Net loss per common share – diluted	$	(0.00	)	$	(0.00	)