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COMMITMENTS AND CONTINGENCIES
12 Months Ended
Jul. 31, 2025
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

NOTE 11 – COMMITMENTS AND CONTINGENCIES

 

From time to time the Company may become a party to litigation matters involving claims against the Company.

 

We are aware that Jeffrey Kilgore filed a lawsuit on August 28, 2025 in Jefferson County, Texas. Cause No. 25DCCV1693, Jefferson County, Texas; Jeff Kilgore vs. Panamera Holdings Corporation;  the Plaintiff is claiming he is owed certain shares in compensation for services. This claim is disputed and without merit. Kilgore has requested a temporary injunction, and the hearing for same is set for December 4, 2025.  At this point an estimate for possible range of loss cannot be made. The company believes this is without merit, and we intend to vigorously defend against it.