RELATED PARTY TRANSACTIONS

3 Months Ended

Oct. 31, 2015

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS

Accounts Payable

During the period ended October 31, 2015 an officer and director of the company invoiced the Company $3,000 for labor costs and was repaid $11,000, in the performance of servicing contracts with a related party company and additional corporate administrative work.  As at October 31, 2015, the Company was obligated to this individual for amounts payable of $9,750 and plans to pay the amount as cash flows become available.

Note Payable

On July 15, 2014, a corporation controlled by an officer and director committed $75,000 Promissory Note in the form of a line of credit.  Any unpaid balance is due December 15, 2015 at an annual interest rate of 5% and may be prepaid without penalty.  During the period ended October 31, 2015, net repayments under the line of credit to the Company were made in the amount of $81. As of October 31, 2015 the Company was obligated to the Company, for this interest bearing loan with a balance of $58,402, which includes no accrued interest. The Company plans to pay the loan and interest back as cash flows become available.  The remaining balance available under the line of credit is $16,598, as of October 31, 2015.  For the three months ended October 31, 2015, the Company paid $734 in interest on this note payable.

Revenue and Accounts Receivable

During the period ended October 31, 2015, related corporations were responsible for 100% of our revenue and accounts receivable. As of October 31, 2015 and July 31, 2014 accounts receivable from related parties was $12,500 and $13,000, respectively.

Other

The controlling shareholders have pledged their support to fund continuing operations during the development stage; however there is no written commitment to this effect.  The Company is dependent upon the continued support.

The officers and directors of the Company may be involved in other business activities and may, in the future, become involved in other business opportunities that become available. They may face a conflict in selecting between the Company and other business interests. The Company has not formulated a policy for the resolution of such conflicts.

The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder of the Company to use at no charge.

The Company does not have employment contracts with its key employees, the controlling shareholders, who are officers and directors of the Company.