XML 22 R11.htm IDEA: XBRL DOCUMENT v3.21.2
ADVANCES
9 Months Ended
Apr. 30, 2021
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]  
Other Liabilities Disclosure [Text Block]

NOTE 5 – ADVANCES


Prior to April 30, 2021, the Company was advanced approximately $119,386 by a former related party. The consideration advanced did not have any supporting paperwork, agreement, or formal documentation to substantiate an organized claim. Due to this, Management’s inability to substantiate the proper documentation associated with the advances described above, and lack of any collection effort(s) from outside party(s) or entity(s) asserting an interest in the consideration provided, the Company chose to write these advances off as a gain on extinguishment of debt for $5,495 and $45,746 during the fiscal years ended July 31, 2020 and 2019, respectively. During the nine month period ending April 30, 2021, the Company was advanced approximately $113,008 by related parties. The advances were used to pay various operating expenses during the nine months ended April 30, 2021. At April 30, 2021 and 2020, outstanding advances payable were $113,008 and $-0-, respectively.