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PROMISSORY NOTES
9 Months Ended
Apr. 30, 2025
PROMISSORY NOTES  
PROMISSORY NOTES

NOTE 4 – PROMISSORY NOTES

 

Promissory notes payable as of April 30, 2025 and July 31, 2024 consists of the following:

 

 

 

April 30, 2025

 

 

July 31, 2024

 

Dated June 14, 2021

 

$6,000

 

 

$6,000

 

Dated July 20, 2021

 

 

642

 

 

 

642

 

Dated February 10, 2023

 

 

15,300

 

 

 

15,300

 

Dated February 10, 2023

 

 

12,750

 

 

 

12,750

 

Dated March 14, 2023

 

 

6,161

 

 

 

6,161

 

Dated April 28, 2023

 

 

7,803

 

 

 

7,803

 

Dated April 28, 2023

 

 

8,077

 

 

 

8,077

 

Dated May 4, 2023

 

 

5,904

 

 

 

5,904

 

Dated July 31, 2023

 

 

3,392

 

 

 

3,392

 

Dated September 8, 2023

 

 

2,000

 

 

 

2,000

 

Dated September 11, 2023

 

 

2,500

 

 

 

2,500

 

Dated September 13, 2023

 

 

6,000

 

 

 

6,000

 

Dated September 20, 2023

 

 

2,000

 

 

 

2,000

 

Dated September 29, 2023

 

 

20,000

 

 

 

20,000

 

Dated October 11, 2023

 

 

25,000

 

 

 

25,000

 

Dated October 16, 2023

 

 

6,000

 

 

 

6,000

 

January 31, 2024

 

 

1,420

 

 

 

1,420

 

February 8, 2024

 

 

7,500

 

 

 

7,500

 

February 21, 2024

 

 

7,000

 

 

 

7,000

 

February 22, 2024

 

 

1,865

 

 

 

1,865

 

April 2, 2024

 

 

1,902

 

 

 

1,902

 

April 22, 2024

 

 

5,000

 

 

 

5,000

 

May 5, 2024

 

 

450

 

 

 

450

 

June 17, 2024

 

 

3,000

 

 

 

3,000

 

June 25, 2024

 

 

10,000

 

 

 

10,000

 

August 2, 2024

 

 

6,000

 

 

 

-

 

August 16, 2024

 

 

3,125

 

 

 

-

 

September 12, 2024

 

 

1,500

 

 

 

-

 

October 28, 2024

 

 

10,000

 

 

 

-

 

October 29, 2024

 

 

5,000

 

 

 

-

 

October 29, 2024

 

 

6,500

 

 

 

-

 

December 5, 2024

 

 

8,000

 

 

 

-

 

December 7, 2024

 

 

3,190

 

 

 

-

 

February 11, 2025

 

 

2,500

 

 

 

-

 

February 28, 2025

 

 

8,300

 

 

 

-

 

March 4, 2025

 

 

4,500

 

 

 

-

 

April 30, 2025

 

 

14,169

 

 

 

-

 

Total notes payable

 

$240,451

 

 

$167,666

 

During the nine months ended April 30, 2025 and 2024, the Company issued various promissory notes amounting to $75,284 and $64,920 for general operating purposes to one noteholder. The notes carry a 10% interest rate and are due upon 10 days written notice. As of April 30, 2025 and July 31 2024, the Company had amounts due to the note holder of $204,339 and $161,024, respectively.

 

On June 14, 2021, the Company issued a promissory note for proceeds of $6,000. The note is due on demand and accrues interest at 10% per annum. On July 17, 2023, the note holder sold and assigned $3,200 of the balance to two unrelated parties. On July 25, 2023, the new note holders settled the combined balance of $3,200 for the issue of 3,200,000 shares of common stock valued at $3,200.

 

On September 12, 2024, the Company issued two promissory notes for proceeds of $2,500. The notes carry a 10% interest rate and are due upon 10 days written notice. On November 30, 2024, the noteholders, forgave the balance of the notes for no consideration.

 

During the nine months ended April 30, 2025 and 2024, the Company recorded interest expense of $15,171 and $10,943, respectively.