EQUITY

12 Months Ended

Jul. 31, 2016

Stockholders' Equity Note [Abstract]

EQUITY

NOTE 4 - EQUITY

Preferred Stock

The Company has authorized 50,000,000 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.  No shares of preferred stock have been issued.

Common Stock

The Company has authorized 150,000,000 common shares with a par value of $0.0001 per share.  Each common share entitles the holder to one vote, in person or proxy, on any matter on which action of the stockholders of the corporation is sought.

During the years ended July 31, 2016 and 2015, the Company issued the following common shares:

· For the year ended July 31, 2016, the Company has issued 1,833,750 common shares for cash proceeds of $73,350, pursuant to our initial public offering (“the Offering”). The Offering was closed on October 15, 2015.

· During June and July 2015, pursuant to the Offering, the Company received $26,650 as restricted cash, from subscriptions for 666,250 shares of common stock. During the year ended July 31, 2016 the funds were released and the common shares were issued when the Company sold the minimum amount of common shares under the public offering.

· During June 2014, the Company issued to consultants 1,490,000 shares of common stock at $0.0001 per share for a subscription receivable in the amount of $149. The Company received the $149 during the year end July 31, 2015.

As of July 31, 2016 and 2015, we had 17,990,000 and 15,490,000 shares of common stock issued and outstanding, respectively.