RELATED PARTY TRANSACTIONS

3 Months Ended

Oct. 31, 2023

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 4 - RELATED PARTY TRANSACTIONS

During the three months ended October 31,2023, and 2022, related parties financed $0 and $4,000 for operation expenses, respectively.

During the three months ended October 31,2023 and 2022, the Company repaid related party loans of $19,102 and $0, respectively.

As of October 31, 2023, and July 31,2023, the Company was obliged for an unsecured, non-interest-bearing demand loans to three related parties, with balances of $28,397 and $47,499, respectively.

During the three months ended October 31,2023, and 2022, the Company recognized $919 and $833 interest on related party loans and imputed in additional paid-in-capital, respectively.

During the three months ended October 31,2023 and 2022, the Company recognized and paid $21,000 and $21,000 of salary to a member of the board of directors for services rendered to the Company, respectively. During the three months ended October 31, 2023 and 2022, the Company recognized prepaid wages of $0 and $1,498 for overpayment salary of a member of the board of directors, respectively.

During the three months ended October 31,2023 and 2022, the Company paid $21,725 and $0 salary to the Company’s corporate secretary – related party, respectively.

On March 1, 2022, the Company entered in a consulting agreement in the field of Healthcare with a monthly payment of $8,333, with First DP Ventures, LP. The services were performed by a member of the Company’s board of directors. During the three months ended October 31,2023 and 2022, the Company generated revenues of $25,000 and $25,001, respectively.

 The Company does not own or lease property or lease office space. The office space used by the Company was arranged by the founder, who is also a director of the Company, to use at no charge.