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INVENTORY
6 Months Ended
Jan. 31, 2021
Inventory Disclosure [Abstract]  
Inventory Disclosure [Text Block]

NOTE 7 – INVENTORY


Contemporaneous with the change in management on February 21, 2020 and a new business strategy, the new management found it prudent to shed itself of the remaining inventory asset.


Considering that this technology-based asset is in excess of five years it was rendered nearly obsolete. In addition, based upon the non-collectability of the Note Receivable referenced in Note 4, representing the remaining 50% of the original asset acquired by the Company in 2014, management found it justifiable to remove the asset in its entirety as the asset was incapable of being valued in a justifiable manner.


Inventory totals as of January 31, 2021 and 2020 were $-0- and $-0-, respectively. Inventory is recorded at the lower of cost or fair market value.