DISCOUNTINED OPERATIONS

9 Months Ended

Apr. 30, 2024

DISCOUNTINED OPERATIONS

DISCOUNTINED OPERATIONS

NOTE 4 – DISCOUNTINED OPERATIONS

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. On March 29, 2024, the consulting agreement was terminated, and the Company implemented a plan to divest the Healthcare consulting to focus its resources on the new operations.

The following table is a summary of the assets and liabilities of the Company related to Healthcare consulting operations as of March 29, 2024 and July 31, 2023:

	March 29,		July 31,
	2024		2023
Accounts receivable	$	8,333	$	8,333
Total assets from discontinued operations		8,333		8,333
Accounts payable - payroll		5,669		-
Total liabilities from discontinued operations	$	5,669	$	-

On April 30, 2024, the net amount of $2,664, accounts receivable and accounts payable - payroll, were collected and settled.

The following is a summary of discontinued operations for the three and nine months ended April 30, 2024 and 2023:

	Three Months Ended				Nine Months Ended
	April 30,				April 30,
	2024		2023		2024		2023
Revenues -related party	$	16,667	$	25,000	$	66,667	$	75,001
Cost of revenues -related party		15,468		22,907		62,743		71,771
Gross Profit		1,199		2,093		3,924		3,230
Operating expenses		-		-		-		-
Income from discontinued operations before income taxes		1,199		2,093		3,924		3,230
Income tax expense		-		-		-		-
Income from discontinued operations, net of tax	$	1,199	$	2,093	$	3,924	$	3,230