STOCKHOLDERS EQUITY	9 Months Ended
Apr. 30, 2023
STOCKHOLDERS EQUITY
STOCKHOLDERS' EQUITY	NOTE 5 - STOCKHOLDERS’ EQUITY *Preferred Stock* The Company has authorized 50,000,000 shares of preferred stock with a par value of $0.0001 per share. No preferred stock was issued or outstanding as of April 30, 2023, and July 31, 2022. *Common Stock* The Company has authorized 550,000,000 shares of common stock with a par value of $0.0001 per share. On December 6, 2022, the Company entered into a share surrender agreement with two shareholders, who are also directors of the Company, whereby they voluntarily surrendered 6,000,000 shares of common stock to the Company to be held as treasury stock. The shares of common stock were originally issued as founders shares on May 21, 2014, at par value and therefore upon surrender there was no gain or loss. As of April 30, 2023, there were 39,210,000 shares of common stock issued and 33,210,000 shares of common stock outstanding. As of July 31, 2022, there were 39,210,000 shares of common stock issued and outstanding. *Treasury stock* The Company records treasury stock at cost. Treasury stock is comprised of shares of common stock purchased by the Company at par value. As of April 30, 2023, the Company had 6,000,000 shares of treasury stock valued at $600.

STOCKHOLDERS EQUITY

9 Months Ended

Apr. 30, 2023

NOTE 5 - STOCKHOLDERS’ EQUITY

Preferred Stock

The Company has authorized 50,000,000 shares of preferred stock with a par value of $0.0001 per share. No preferred stock was issued or outstanding as of April 30, 2023, and July 31, 2022.

Common Stock

The Company has authorized 550,000,000 shares of common stock with a par value of $0.0001 per share.

On December 6, 2022, the Company entered into a share surrender agreement with two shareholders, who are also directors of the Company, whereby they voluntarily surrendered 6,000,000 shares of common stock to the Company to be held as treasury stock. The shares of common stock were originally issued as founders shares on May 21, 2014, at par value and therefore upon surrender there was no gain or loss.

As of April 30, 2023, there were 39,210,000 shares of common stock issued and 33,210,000 shares of common stock outstanding.

As of July 31, 2022, there were 39,210,000 shares of common stock issued and outstanding.

Treasury stock

The Company records treasury stock at cost. Treasury stock is comprised of shares of common stock purchased by the Company at par value. As of April 30, 2023, the Company had 6,000,000 shares of treasury stock valued at $600.