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SUBSEQUENT EVENTS
12 Months Ended
Jul. 31, 2025
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 12 – SUBSEQUENT EVENTS 

 

Management evaluated all additional events through the date the consolidated financial statements were available to be issued. Based upon this review, unless noted below, the Company did not identify any material subsequent events that would have required adjustment or disclosure in the consolidated financial statements.

 

In August 2025, the Company entered into two subscription agreements with two investors for an aggregate 101,074 shares of restricted common stock at prices of $3.50 and $5.49 per share for an aggregate amount of $535,000 in cash. On September 4,2025, the Company issued 91,074 shares of restricted common stock.

 

On September 9,20205, the Company issued 50,000 shares of restricted common stock in connection with stock subscription June 3,2025 for amount of $100.000 in cash (Note 9).

 

During August through October 2025, the Company paid $347,500 in connection with license acquisition (Note 5).

 

Pursuant to binding Letter of Intent “LOI” agreement dated May 9,2025 (Note 5), on August 1,2025, the Company entered into a license agreement with Rain Cage Carbon, (“Rain Cage”) Inc. for securing exclusive rights to the innovative systems of Rain Cage for use in the U.S and Mexico, including groundbreaking carbon conversion and clean energy technologies. The license fees agreed for (i) up-front licenses fee payment of $4,900,000, (ii) an ongoing license fee of 25% of the net income raised from license’s activities, (ii) grant of 27,000,000 shares of restricted Common Stock. The Company and Rain Cage Carbon entered into a promissory note agreement for payment of up-from license fee of $4,900,000, with initial payment of $500,000 and quarterly payment balance starting October 1,2025, for period of 18 months and interest bearing of 4.9% per annum. On August 1,2025, the Company issued 27,000,000 shares of restricted common stock in connection with the executed license acquisition. At date of filing this Financial Statements, in addition the deposits payment ( Note 5), the Company paid $347,000 to Rain Cage.