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Stock Options (Tables)
9 Months Ended
Apr. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option

Stock option transactions for the nine months ended April 30, 2024 and the year ended July 31, 2023 are summarized as follows:

 

Stock Options 

Number of

Options

  

Weighted

Average

Exercise Price

  

Weighted

Average

Remaining

Contractual

Term (Years)

  

Aggregate

Intrinsic

Value

  

Weighted

Average

Grant

Date

Fair Value

 
Outstanding - July 31, 2022   864,489   $0.14    9.84   $479,539   $- 
Exercisable - July 31, 2022   864,489   $0.14    9.84   $479,539   $- 
Granted   1,478,050   $0.14    -    -   $0.68 
Exercised   -    -    -    -    - 
Cancelled/Forfeited   -    -    -    -    - 
Outstanding - July 31, 2023   2,342,539   $0.49    8.98   $142,029   $- 
Exercisable - July 31, 2023   2,219,368   $0.48    8.98   $142,029   $- 
Granted   -    -    -    -    - 
Exercised   -    -    -    -    - 
Cancelled/Forfeited   -    -    -    -    - 
Outstanding - April 30, 2024   2,342,539   $0.49    8.23   $63,159   $- 
Exercisable - April 30, 2024   2,342,539   $0.49    8.23   $63,159   $- 
Unvested - April 30, 2024   -   $-    -   $-   $- 
Schedule of Stock Option Fair Value

Fair value was based upon the following management estimates:

 

Expected term (years)   5 
Expected volatility   274%
Expected dividends   0%
Risk free interest rate   2.98%