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Notes Payable – Related Parties (Tables)
9 Months Ended
Apr. 30, 2024
Notes Payable Related Parties  
Schedule of Notes Payable Related Parties

The following represents a summary of the Company’s notes payable – related parties at April 30, 2024 and July 31, 2023:

Schedule of Notes Payable Related Parties 

Issue Date

Date

 

Maturity

Date

 

Interest

Rate

  

Default

Interest Rate

   Collateral   Related Party  April 30, 2024   July 31, 2023 
                           
August 2023  August 2024   10%   20%   Unsecured   Chief Executive Officer/Director  $40,000   $- 
August 2023  August 2024   10%   20%   Unsecured   President/Director   40,000        - 
                        $80,000   $- 
Schedule of Activity Related to Note Payable Related Parties

The Company had the following activity related to its note payable – related parties during the nine months ended April 30, 2024:

 

Balance - July 31, 2023  $- 
Proceeds   80,000 
Balance - April 30, 2024  $80,000