Cover
Cover - USD ($) | 12 Months Ended | ||
Jul. 31, 2022 | Oct. 03, 2022 | Jan. 31, 2022 | |
Cover [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Document Period End Date | Jul. 31, 2022 | ||
Document Fiscal Period Focus | FY | ||
Document Fiscal Year Focus | 2022 | ||
Current Fiscal Year End Date | --07-31 | ||
Entity File Number | 000-50693 | ||
Entity Registrant Name | Cyber Apps World Inc | ||
Entity Central Index Key | 0001230524 | ||
Entity Incorporation, State or Country Code | NV | ||
Entity Address, Address Line One | 9436 W. Lake Mead Blvd | ||
Entity Address, Address Line Two | Suite 5-53 | ||
Entity Address, City or Town | Las Vegas | ||
Entity Address, State or Province | NV | ||
Entity Address, Postal Zip Code | 89134 | ||
City Area Code | (702) | ||
Local Phone Number | 805-0632 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Interactive Data Current | Yes | ||
Entity Filer Category | Non-accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | true | ||
Elected Not To Use the Extended Transition Period | false | ||
Entity Shell Company | false | ||
Entity Public Float | $ 4,212,132 | ||
Entity Common Stock, Shares Outstanding | 890,070,927 | ||
Auditor Firm ID | 50909 | ||
Auditor Location | Brooklyn, NY | ||
Auditor Name | Jack Shama |
Consolidated Balance Sheet (Aud
Consolidated Balance Sheet (Audited) - USD ($) | Jul. 31, 2022 | Jul. 31, 2021 |
Current assets: | ||
Cash | $ 320 | $ 70,182 |
Deposits & prepayments | 7,652 | 42,652 |
Total current assets | 7,972 | 112,834 |
Fixed assets: | ||
Software development | 308,752 | |
Total fixed assets | 308,752 | |
Other assets: | ||
Goodwill | 964,581 | |
Software development - WIP | 414,753 | 420,554 |
Total other assets | 414,753 | 1,385,135 |
Total Assets | 422,725 | 1,806,721 |
Current liabilities: | ||
Accounts payable and accrued liabilities | 117,770 | 223,789 |
Total current liabilities | 117,770 | 223,789 |
Long term liabilities: | ||
Convertible notes payable | 77,200 | 469,750 |
Loan payable | 11,597 | 55,079 |
Total non-current liabilities | 88,797 | 524,829 |
Total Liabilities | 206,567 | 748,618 |
STOCKHOLDER’S EQUITY | ||
Preferred stock: $0.001 par value, 10,000,000 authorized, 100,000 issued and outstanding. | 100 | |
Common stock: $0.00075 par value, 5,000,000,000 authorized, 807,616,147 issued and outstanding as of July 31, 2022 and 388,986,268 issued and outstanding as of July 31, 2021, respectively | 444,701 | 39,079 |
Shares to be issued | 23,000 | |
Additional paid in capital | 10,654,292 | 10,384,113 |
Accumulated deficit | (10,882,935) | (9,388,089) |
Total Stockholder’s Equity | 216,158 | 1,058,103 |
Total Liabilities and Stockholder’s Equity | $ 422,725 | $ 1,806,721 |
Consolidated Balance Sheet (A_2
Consolidated Balance Sheet (Audited) (Parenthetical) - $ / shares | Jul. 31, 2022 | Jul. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Preferred Stock, Par Value | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 |
Preferred Stock, Shares Issued | 100,000 | 100,000 |
Preferred Stock, Shares Outstanding | 100,000 | 100,000 |
Common Stock, Par Value | $ 0.00075 | $ 0.00075 |
Common Stock Shares Authorized | 5,000,000,000 | 5,000,000,000 |
Common Stock, Shares Issued | 807,616,147 | 388,986,268 |
Common Stock, Shares Outstanding | 807,616,147 | 388,986,268 |
Consolidated Statement of Compr
Consolidated Statement of Comprehensive Income Loss (Audited) - USD ($) | 12 Months Ended | |
Jul. 31, 2022 | Jul. 31, 2021 | |
Income Statement [Abstract] | ||
Gross Income | $ 11 | |
Expenses | ||
General and administrative | 1,498,322 | 550,194 |
Consolidated loss before interest & taxes | (1,498,311) | (550,194) |
Income tax | ||
Consolidated net loss | $ (1,498,311) | $ (550,194) |
Net income per share – basic and diluted | $ 0 | $ 0 |
Weighted average shares outstanding – basic and diluted | 807,616,147 | 241,093,483 |
Consolidated Statement of Stock
Consolidated Statement of Stockholders' Equity (Audit) - USD ($) | Common Stock [Member] | Preferred Stock [Member] | Additional Paid-in Capital [Member] | Shares To Be Issued [Member] | Retained Earnings [Member] | Total |
Opening Beginning balance, value at Jul. 31, 2020 | $ 24,320 | $ 9,772,742 | $ (8,862,921) | $ 934,141 | ||
Opening Balance, shares at Jul. 31, 2020 | 171,792,634 | |||||
Common stock issued for cash, July 31, 2022 | $ 659 | 611,372 | 612,031 | |||
Common stock issued for cash, shares | 76,193,634 | |||||
Share capital for business combination | $ 14,100 | 14,100 | ||||
Share capital for business combination, shares | 141,000,000 | |||||
Shares to be issued | 23,000 | 23,000 | ||||
Other | 25,026 | 25,026 | ||||
Net Loss | (550,194) | (550,194) | ||||
Closing Ending balance, value at Jul. 31, 2021 | $ 39,079 | 10,384,113 | 23,000 | (9,388,089) | 1,058,103 | |
Ending Balance, shares at Jul. 31, 2021 | 388,986,268 | |||||
Common stock issued for cash, July 31, 2022 | $ 419,722 | 270,179 | 689,901 | |||
Common stock issued for cash, shares | 559,629,879 | |||||
Shares to be issued | (23,000) | (23,000) | ||||
Other | 3,465 | 3,465 | ||||
Net Loss | (1,498,311) | (1,498,311) | ||||
Cancellation of Shares as of January 31, 2022 | $ (14,100) | (14,100) | ||||
Cancellation of Shares, shares | (141,000,000) | |||||
Preferred Stock Issued | $ 100 | 100 | ||||
Preferred Stock Issues, shares | 100,000 | |||||
Closing Ending balance, value at Jul. 31, 2022 | $ 444,701 | $ 100 | $ 10,654,292 | $ (10,882,935) | $ 216,158 | |
Ending Balance, shares at Jul. 31, 2022 | 807,616,147 | 100,000 |
Consolidated Statement of Cash
Consolidated Statement of Cash Flows (Audited) - USD ($) | 12 Months Ended | |
Jul. 31, 2022 | Jul. 31, 2021 | |
Cash flows from operating activities | ||
Net income (loss) for the period | $ (1,498,311) | $ (550,194) |
Adjustments to reconcile net loss to cash used in operating activities: | ||
Impairment loss | 1,350,000 | |
Change in operating assets and liabilities | ||
Deposits & prepayments | 35,000 | (41,668) |
Accounts payable and accrued liabilities | (102,554) | 97,315 |
Net cash used in operating activities | (215,865) | (494,547) |
Cash flows from investing activities | ||
Software development and goodwill | (70,866) | (331,387) |
Net cash used in investing activities | (70,866) | (331,387) |
Cash flows from financing activities | ||
Change in convertible notes payable | (392,550) | 202,200 |
Change in loan payable | (43,482) | (71,705) |
Shares to be issued | (23,000) | 23,000 |
Proceeds from issuance of preferred shares | 100 | |
Proceeds from issuance of common shares | 405,622 | 30,800 |
Proceeds from issuance of additional paid in capital | 270,179 | 711,706 |
Net cash provided by financing activities | 216,869 | 896,001 |
Change in Cash | (69,862) | 70,067 |
Cash – beginning of period | 70,182 | 115 |
Cash – end of period | 320 | 70,182 |
Cash paid For: | ||
Interest | ||
Income tax |
Financial Statement Presentatio
Financial Statement Presentation | 12 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
Financial Statement Presentation | Note 1. Financial Statement Presentation Cyber Apps World Inc. (the “Company”) following the merger with the Company’s wholly-owned subsidiary on December 24, 2012 (formed for the sole purpose of merging with its parent), continued working on the further development of the lithium batteries technology licensed from Terra Inventions Corp. (formerly Li-ion Motors Corp.) (“Terra”), the Company’s former parent. Consultants for the Company were also working on the solar concentrating electric power generating system working independently. The summary of significant accounting policies is presented to assist in the understanding of the financial statements. The financial statements and notes are the representations of management. These accounting policies conform to accounting policies generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements. Basis of Presentation Going Concern The Company’s financial statements for the years ended July 31, 2022, and 2021, have been prepared on a going concern basis which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business. The Company did not have significant revenue as of July 31, 2022. Management recognized that the Company’s continued existence is dependent upon its ability to obtain needed working capital through additional equity and/or debt financing and revenue to cover expenses as the Company continues to incur losses. Since its incorporation, the Company financed its operations almost exclusively through advances from its controlling shareholders. Management’s plans are to finance operations through the sale of equity or other investments for the foreseeable future, as the Company does not receive significant revenue from its new business operations. There is no guarantee that the Company will be successful in arranging financing on acceptable terms. The Company’s ability to raise additional capital is affected by trends and uncertainties beyond its control. The Company does not currently have any arrangements for financing, and it may not be able to find such financing if required. Obtaining additional financing would be subject to a number of factors, including investor sentiment. Market factors may make the timing, amount, terms or conditions of additional financing unavailable to it. These uncertainties raise substantial doubt about the ability of the Company to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of these uncertainties. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 12 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | Note 2. Summary of Significant Accounting Policies Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosure of contingent assets and liabilities. On an on-going basis, the Company evaluates its estimates and judgments, including those related to revenue recognition, inventories, adequacy of allowances for doubtful accounts, valuation of long-lived assets and goodwill, income taxes, litigation and warranties. The Company bases its estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. The policies discussed below are considered by management to be critical to an understanding of the Company’s financial statements. These estimates form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. By their nature, estimates are subject to an inherent degree of uncertainty. Actual results may differ from those estimates. Property and Equipment Property and equipment are recorded at cost. Depreciation of property and equipment are accounted for by accelerated methods over the following estimated useful lives Classification Estimated Useful Lives Furniture and Fixtures 10 years Software 3-5 years Computers 5 years Evaluation of Long-Lived Assets The Company reviews property and equipment for potential impairment whenever significant events or changes in circumstances indicate the carrying value may not be recoverable in accordance with the guidance in ASC 360-15-35 “Impairment or Disposal of Long-Lived Assets”. An impairment exists when the carrying amount of the long-lived assets is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If an impairment exists, the resulting write-down would be the difference between the fair market value of the long-lived asset and the related net book value. The Company is looking for space to work and store equipment for both battery development and solar dish. Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification No. 605, “Revenue Recognition” (“ASC-605”), ASC-605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Since August 1, 2021, to July 31, 2022, the Company has generated no significant revenue. Goodwill Goodwill represents the excess of purchase price paid over the fair value of net identifiable assets (tangible and intangible assets) acquired in business combination transactions. Goodwill is not subject to amortization and is tested for impairment annually or more frequently if events or circumstances indicate that the asset might be impaired. The Company performs a qualitative assessment of its reporting units and certain select quantitative calculations against its current long-range plan to determine whether it is more likely than not (a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. The Company considers persistent and lasting decline in revenue, negative operating cash flows, changes in internal strategic expansion plans, changes in any applicable regulatory environments, among other factors, as part of the qualitative assessment. The Company first assesses certain qualitative factors to determine whether the existence of events or circumstances leads to determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. After assessing the totality of events or circumstances, the Company determines if it is not more likely than not that the fair value of a reporting unit is less than its carry amount, then performing the two-step impairment test is unnecessary. When necessary, impairment of goodwill is tested at the reporting unit level by comparing the reporting unit’s carrying amount, including goodwill, to the fair value of the reporting unit. The fair value of the reporting unit is estimated using a discounted cash flow approach. If the carrying amount of the reporting unit exceeds its fair value, then a second step is performed to measure the amount of impairment loss, if any, by comparing the fair value of each identifiable asset and liability in the reporting unit to the total fair value of the reporting unit. For the year ended July 31, 2022, the Company recorded an aggregate impairment loss of $ 1,350,000 414,753 Net Loss Per Common Share Basic loss per common share is computed based on the weighted average number of shares outstanding during the year. Diluted earnings per common share is computed by dividing net earnings (loss) by the weighted average number of common shares and potential common shares during the specified periods. The Company has no outstanding options, warrants or other convertible instruments that could affect the calculated number of shares. Income Taxes Deferred income tax assets or liabilities are computed based on the temporary differences between the financial statement and income tax bases of assets and liabilities using the statutory marginal income tax rate in effect for the years in which the differences are expected to reverse. Deferred income tax expenses or credits are based on the changes in the deferred income tax assets or liabilities from period to period. A valuation allowance against deferred tax assets is required if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The valuation allowance should be sufficient to reduce the deferred tax asset to the amount that is more likely than not to be realized. Effects of Recent Accounting Pronouncements The Company has elected early adoption of Accounting Standard Update (ASU) 2014-10, Topic 915, Development Stage Entities, Elimination of Certain Financial Reporting Requirements |
Convertible Notes Payable and L
Convertible Notes Payable and Loan Payable | 12 Months Ended |
Jul. 31, 2022 | |
Payables and Accruals [Abstract] | |
Convertible Notes Payable and Loan Payable | Note 3. Convertible Notes Payable and Loan Payable As of July 31, 2022, the Company holds a balance of convertible note payable in the amount of $ 77,200 469,750 12 As of July 31, 2022, the Company has an outstanding loan payable balance of $ 11,597 55,079 |
Common Stock
Common Stock | 12 Months Ended |
Jul. 31, 2022 | |
Equity [Abstract] | |
Common Stock | Note 4. Common Stock Effective January 18, 2013, the Company filed with Secretary of State of Nevada a Certificate of Change that affected a 1:50 On January 22, 2015, the Company converted $ 556,267 17,550,000 370,845 On April 18, 2016, the Company agreed to convert $ 62,400 4,800,000 33,600 On February 1, 2019, the Company filed with the Secretary of State of Nevada a Certificate of Change that affected a 1:45 50,000,000 0.01 On October 23, 2019, the Company’s filed with the Secretary of State of Nevada a Certificate of Change that affected a 4:1 250,000,000 0.00075 On August 18, 2021, the Company increased its authorized capital to 5,000,000,000 0.00075 During the year-ended July 31, 2022, the Company issued 559,629,879 689,901 On June 23, 2022, the Company issued 100,000 0.001 100 1. Voting. Each share of Series A Stock shall entitle the holder to 10,000 2. Dividends. The holders of Series A Stock of the Company shall not be entitled to receive dividends paid on the Company’s Common Stock. 3. No Liquidation Preference. Upon liquidation, dissolution and winding up of the Company, whether voluntary or involuntary, the holders of the Series A Stock then outstanding shall not be entitled to receive out of the assets of the Company, whether from capital or earnings available for distribution, any amounts which will be otherwise available to and distributed to the holder of Common Stock. |
Income Taxes
Income Taxes | 12 Months Ended |
Jul. 31, 2022 | |
Income Tax Disclosure [Abstract] | |
Income Taxes | Note 5. Income Taxes As of July 31, 2022, the Company has deferred tax assets as a result of the net operating losses incurred from inception. The resulting deferred tax assets are reduced by a valuation allowance as discussed in Note 1, equal to the deferred tax asset as it is unlikely, based on current circumstances, that the Company will ever realize a tax benefit. Deferred tax assets and the corresponding valuation allowances amounted to approximately $ 3.3 1.9 Under current tax laws, the cumulative operating losses incurred amounting to approximately $ 10.3 8.8 Section 382 of the U.S. Internal Revenue Code imposes an annual limitation on loss carry-forwards to offset taxable income when an ownership change occurs. The Company meets the definition of an ownership change and some of the net operating loss carry forwards will be limited. |
Related Party Transactions
Related Party Transactions | 12 Months Ended |
Jul. 31, 2022 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Note 6. Related Party Transactions During the year-ended July 31, 2022, the Company issued 100,000 0.001 100 10,000 |
Subsequent Events
Subsequent Events | 12 Months Ended |
Jul. 31, 2022 | |
Subsequent Events [Abstract] | |
Subsequent Events | Note 7. Subsequent Events Subsequent to the fiscal year ended July 31, 2022, shareholders representing a majority of the Company’s issued voting shares, as well as the Company’s Board of Directors approved a reverse stock split whereby each 840 pre-split shares of common stock shall be exchanged for one post-split share of common stock. Concurrently with the reverse split, the Company has approved the decrease in its authorized shares of common stock from 5,000,000,000 shares with par value $0.00075 to 250,000,000 shares with par value $0.001 |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
Use of Estimates | Use of Estimates The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosure of contingent assets and liabilities. On an on-going basis, the Company evaluates its estimates and judgments, including those related to revenue recognition, inventories, adequacy of allowances for doubtful accounts, valuation of long-lived assets and goodwill, income taxes, litigation and warranties. The Company bases its estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. The policies discussed below are considered by management to be critical to an understanding of the Company’s financial statements. These estimates form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. By their nature, estimates are subject to an inherent degree of uncertainty. Actual results may differ from those estimates. |
Property and Equipment | Property and Equipment Property and equipment are recorded at cost. Depreciation of property and equipment are accounted for by accelerated methods over the following estimated useful lives Classification Estimated Useful Lives Furniture and Fixtures 10 years Software 3-5 years Computers 5 years |
Evaluation of Long-Lived Assets | Evaluation of Long-Lived Assets The Company reviews property and equipment for potential impairment whenever significant events or changes in circumstances indicate the carrying value may not be recoverable in accordance with the guidance in ASC 360-15-35 “Impairment or Disposal of Long-Lived Assets”. An impairment exists when the carrying amount of the long-lived assets is not recoverable and exceeds its fair value. The carrying amount of a long-lived asset is not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset. If an impairment exists, the resulting write-down would be the difference between the fair market value of the long-lived asset and the related net book value. The Company is looking for space to work and store equipment for both battery development and solar dish. |
Revenue Recognition | Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Codification No. 605, “Revenue Recognition” (“ASC-605”), ASC-605 requires that four basic criteria must be met before revenue can be recognized: (1) persuasive evidence of an arrangement exists; (2) delivery has occurred; (3) the selling price is fixed and determinable; and (4) collectability is reasonably assured. Determination of criteria (3) and (4) are based on management’s judgments regarding the fixed nature of the selling prices of the products delivered and the collectability of those amounts. Provisions for discounts and rebates to customers, estimated returns and allowances, and other adjustments are provided for in the same period the related sales are recorded. The Company will defer any revenue for which the product has not been delivered or is subject to refund until such time that the Company and the customer jointly determine that the product has been delivered or no refund will be required. Since August 1, 2021, to July 31, 2022, the Company has generated no significant revenue. |
Goodwill | Goodwill Goodwill represents the excess of purchase price paid over the fair value of net identifiable assets (tangible and intangible assets) acquired in business combination transactions. Goodwill is not subject to amortization and is tested for impairment annually or more frequently if events or circumstances indicate that the asset might be impaired. The Company performs a qualitative assessment of its reporting units and certain select quantitative calculations against its current long-range plan to determine whether it is more likely than not (a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. The Company considers persistent and lasting decline in revenue, negative operating cash flows, changes in internal strategic expansion plans, changes in any applicable regulatory environments, among other factors, as part of the qualitative assessment. The Company first assesses certain qualitative factors to determine whether the existence of events or circumstances leads to determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. After assessing the totality of events or circumstances, the Company determines if it is not more likely than not that the fair value of a reporting unit is less than its carry amount, then performing the two-step impairment test is unnecessary. When necessary, impairment of goodwill is tested at the reporting unit level by comparing the reporting unit’s carrying amount, including goodwill, to the fair value of the reporting unit. The fair value of the reporting unit is estimated using a discounted cash flow approach. If the carrying amount of the reporting unit exceeds its fair value, then a second step is performed to measure the amount of impairment loss, if any, by comparing the fair value of each identifiable asset and liability in the reporting unit to the total fair value of the reporting unit. For the year ended July 31, 2022, the Company recorded an aggregate impairment loss of $ 1,350,000 414,753 |
Net Loss Per Common Share | Net Loss Per Common Share Basic loss per common share is computed based on the weighted average number of shares outstanding during the year. Diluted earnings per common share is computed by dividing net earnings (loss) by the weighted average number of common shares and potential common shares during the specified periods. The Company has no outstanding options, warrants or other convertible instruments that could affect the calculated number of shares. |
Income Taxes | Income Taxes Deferred income tax assets or liabilities are computed based on the temporary differences between the financial statement and income tax bases of assets and liabilities using the statutory marginal income tax rate in effect for the years in which the differences are expected to reverse. Deferred income tax expenses or credits are based on the changes in the deferred income tax assets or liabilities from period to period. A valuation allowance against deferred tax assets is required if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The valuation allowance should be sufficient to reduce the deferred tax asset to the amount that is more likely than not to be realized. |
Effects of Recent Accounting Pronouncements | Effects of Recent Accounting Pronouncements The Company has elected early adoption of Accounting Standard Update (ASU) 2014-10, Topic 915, Development Stage Entities, Elimination of Certain Financial Reporting Requirements |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
Depreciation of property and equipment are accounted for by accelerated methods over the following estimated useful lives | Property and equipment are recorded at cost. Depreciation of property and equipment are accounted for by accelerated methods over the following estimated useful lives Classification Estimated Useful Lives Furniture and Fixtures 10 years Software 3-5 years Computers 5 years |
Depreciation of property and eq
Depreciation of property and equipment are accounted for by accelerated methods over the following estimated useful lives (Details) | 12 Months Ended |
Jul. 31, 2022 | |
Furniture and Fixtures [Member] | |
Property, Plant and Equipment [Line Items] | |
Property and equipment estimated useful lives | 10 years |
Software Development [Member] | |
Property, Plant and Equipment [Line Items] | |
Property and equipment estimated useful lives | 3-5 years |
Computer Equipment [Member] | |
Property, Plant and Equipment [Line Items] | |
Property and equipment estimated useful lives | 5 years |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | 12 Months Ended | |
Jul. 31, 2022 | Jul. 31, 2021 | |
Accounting Policies [Abstract] | ||
Impairment loss | $ 1,350,000 | |
Software development | $ 414,753 | $ 420,554 |
Convertible Notes Payable and_2
Convertible Notes Payable and Loan Payable (Details Narrative) - USD ($) | Jul. 31, 2022 | Jul. 31, 2021 |
Payables and Accruals [Abstract] | ||
Convertible notes payable | $ 77,200 | $ 469,750 |
Interest rate | 12% | |
Loan payable | $ 11,597 | $ 55,079 |
Common Stock (Details Narrative
Common Stock (Details Narrative) - USD ($) | 1 Months Ended | 12 Months Ended | ||||||
Feb. 01, 2019 | Oct. 23, 2019 | Apr. 18, 2016 | Jan. 22, 2015 | Jan. 18, 2013 | Jul. 31, 2022 | Jul. 31, 2021 | Oct. 31, 2021 | |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||||||
Reverse split | 1:45 | 1:50 | ||||||
Debt conversion original debt value | $ 62,400 | $ 556,267 | ||||||
Debt conversion, number of shares issued | 4,800,000 | 17,550,000 | ||||||
Debt conversion beneficial amount | $ 33,600 | $ 370,845 | ||||||
Common Stock, Shares Authorized | 50,000,000 | 250,000,000 | 5,000,000,000 | 5,000,000,000 | 5,000,000,000 | |||
Common Stock, Par Value | $ 0.01 | $ 0.00075 | $ 0.00075 | $ 0.00075 | $ 0.00075 | |||
Stock split | 4:1 | |||||||
Common stock issued for cash, July 31, 2022 | $ 689,901 | $ 612,031 | ||||||
Preferred Stock, Shares Issued | 100,000 | 100,000 | ||||||
Preferred Stock, Par Value | $ 0.001 | $ 0.001 | ||||||
Proceed from issuance of preferred stock | $ 100 | |||||||
Preferred stock number of votes | 10,000 | |||||||
Common Stock [Member] | ||||||||
Accumulated Other Comprehensive Income (Loss) [Line Items] | ||||||||
Common stock issued for cash, shares | 559,629,879 | 76,193,634 | ||||||
Common stock issued for cash, July 31, 2022 | $ 419,722 | $ 659 |
Income Taxes (Details Narrative
Income Taxes (Details Narrative) - USD ($) | Jul. 31, 2022 | Jul. 31, 2021 |
Income Tax Disclosure [Abstract] | ||
Deferred tax assets | $ 3.3 | $ 1.9 |
Operating lease carryforward | $ 10.3 | $ 8.8 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 12 Months Ended | |
Jul. 31, 2022 | Jul. 31, 2021 | |
Related Party Transactions [Abstract] | ||
Preferred Stock, Shares Issued | 100,000 | 100,000 |
Preferred Stock, Par Value | $ 0.001 | $ 0.001 |
Proceed from issuance of preferred stock | $ 100 | |
Preferred stock number of votes | 10,000 |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) | Aug. 10, 2022 |
Subsequent Event [Member] | |
Subsequent Event [Line Items] | |
Common stock authorized value decreased, description | Company has approved the decrease in its authorized shares of common stock from 5,000,000,000 shares with par value $0.00075 to 250,000,000 shares with par value $0.001 |