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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2024
Jul. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 457,764 $ 1,249,376
Deposits 3,000 3,000
Investment in trading securities 4,174,290 424,148
Prepaid expenses and other current assets 50,224 122,224
Total current assets 5,785,278 2,898,748
Property and equipment, net 53,765 60,047
Right-of- use assets, net 45,475 53,793
TOTAL ASSETS 5,884,518 3,012,588
CURRENT LIABILITIES    
Accounts payable, accrued expenses and other current liabilities 584,380 957,057
Taxes payable 19,985 19,985
Operating lease liabilities, current 20,683 11,375
Total current liabilities 625,048 988,417
Operating lease liabilities, noncurrent 11,790 20,417
Long-term payable 250,000 250,000
TOTAL LIABILITIES 886,838 1,258,834
Commitments
SHAREHOLDERS’ EQUITY    
Ordinary shares, $0.001 par value, 100,000,000,000 shares authorized, 11,917,452 shares and 11,917,452 shares issued and outstanding as of October 31, 2024 and July 31, 2024, respectively 11,917 11,917
Additional paid-in capital 36,210,985 32,599,985
Accumulated deficit (31,225,222) (30,858,148)
Total Shareholders’ Equity 4,997,680 1,753,754
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 5,884,518 3,012,588
Related Party    
CURRENT ASSETS    
Accounts receivable – a related party 200,000 200,000
Due from a related party $ 900,000 $ 900,000