RELATED PARTY TRANSACTIONS

6 Months Ended

Jan. 31, 2024

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 4 - RELATED PARTY TRANSACTIONS

During the six months ended January 31,2024, and 2023, related parties financed $0 and $10,000 for operation expenses, respectively.

During the six months ended January 31,2024 and 2023, the Company repaid related party loans of $33,352 and $0, respectively.

As of January 31, 2024, and July 31,2023, the Company was obliged for an unsecure, non-interest-bearing demand loans to three related parties, with balances of $14,147 and $47,499, respectively.

During the six months ended January 31,2024, and 2023, the Company recognized $1,344 and $1,798 interest on related party loans and imputed in additional paid-in-capital, respectively.

During the six months ended January 31,2024 and 2023, the Company recognized and paid $42,000 and $44,000 of salary to a member of the board of directors for services rendered to the Company, respectively.

During the six months ended January 31,2024 and 2023, the Company paid $30,475 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 six months ended January 31,2024 and 2023, the Company generated revenues of $50,000 and $50,001, 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.