Lord Global (LRDG) 10-Q 22 Jun 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Apr. 30, 2018	Jun. 14, 2018
Document And Entity Information
Entity Registrant Name	BIGFOOT PROJECT INVESTMENTS INC
Entity Central Index Key	1,569,568
Document Type	10-Q
Document Period End Date	Apr. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--07-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		1,580,645,634
Trading Symbol	BGFT
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,018

Balance Sheets (Unaudited)

Balance Sheets (Unaudited) - USD ($)	Apr. 30, 2018	Jul. 31, 2017
Current Assets
Cash	$ 582	$ 1,105
Accounts Receivable (net of allowance)		78,500
Inventory	15,440	12,486
Total current assets	16,022	92,091
Fixed Assets
Equipment, net	2,066	981
Total Fixed Assets	2,066	981
Other Assets
Website Development	5,500	5,500
Accumulated Amortization	(5,500)	(5,500)
Total Other Assets
Total Assets	18,088	93,072
Current liabilities
Accounts Payable	29,658	18,789
Advance from shareholders	95,971	60,322
Accrued Interest	95,569	87,884
Convertible Debt (net of unamortized discount)	110,381	10,759
Derivative Liability	156,246	262,722
Promissory note - related party	472,370	472,370
Total current liabilities	960,195	912,846
Total Liabilities	960,195	912,846
Stockholders' deficit
Preferred stock, $0.001 par value, 500,000,000 shares authorized, 0 and 0 issued and outstanding as of April 30, 2018 and July 31, 2017, respectively
Common stock, $0.001 par value; 3,500,000,000 shares authorized, 949,249,868 and 223,397,000 issued and outstanding as of April 30, 2018 and July 31, 2017, respectively	949,250	223,397
Additional Paid In Capital	7,694,231	2,868,825
Accumulated deficit	(9,585,588)	(3,911,996)
Total stockholders' deficit	(942,107)	(819,774)
Total liabilities & stockholders' deficit	$ 18,088	$ 93,072

Balance Sheets (Unaudited) (Par

Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Apr. 30, 2018	Jul. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	500,000,000	500,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	3,500,000,000	3,500,000,000
Common stock, shares issued	949,249,868	223,397,000
Common stock, shares outstanding	949,249,868	223,397,000

Statements of Operations (Unaud

Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
Income Statement [Abstract]
Revenue	$ 783	$ 1,448	$ 44,823	$ 3,018
Operating expenses:
Professional fees	5,209	36,477	55,976	1,057,712
Expedition expenses	3,812	39,905	49,640	50,127
General and administrative	78,173	18,357	5,340,589	22,588
Total operating expenses	87,194	94,739	5,446,205	1,130,427
Net loss from operations	(86,411)	(93,291)	(5,401,382)	(1,127,409)
Other Expense
Derivative Loss	17,736		(40,811)
Interest Expense	(55,433)	(4,840)	(231,399)	(14,521)
Total Other Expense	(37,697)	(4,840)	(272,210)	(14,521)
Net Loss	$ (124,108)	$ (98,131)	$ (5,673,592)	$ (1,141,930)
Basic and diluted loss per shares	$ 0	$ 0	$ (0.01)	$ (0.01)
Weighted average shares outstanding	612,063,461	217,317,000	397,384,200	213,940,000

Statements of Cash Flows (Unaud

Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Cash flow from operating activities:
Net loss	$ (5,673,592)	$ (1,141,930)
Stock based compensation	5,220,000	1,000,000
Loss on derivative liability	40,811
Amortization of debt discount	151,876	20,000
Debt penalties	65,232
Bad Debt Expense	75,500
Change in operating liabilities:
Accounts Receivable	3,000
Inventory	(2,954)	(3,314)
Accounts Payable	10,869	13,761
Accrued Interest	14,171	14,521
Net cash used in operating activities	(95,087)	(96,962)
Cash flow from investing activities
Cash Paid for Purchases of Fixed Assets	(1,085)	(981)
Net cash used in investing activities	(1,085)	(981)
Cash flow from financing activities
Payment on Promissory Note		(12,148)
Proceeds from Convertible Debt	60,000	105,000
Repayment of Advance from shareholders	(138,727)	(19,983)
Proceeds for Advances from shareholders	174,376	48,414
Net cash provided by financing activities	95,649	121,283
Net increase (decrease) in cash	(523)	23,340
Cash at beginning of period	1,105	652
Cash at end of period	582	23,992
Supplemental Cash Flow Information:
Cash paid for income taxes
Cash paid for interest expense
Non-Cash Transactions:
Common stock issued for debt conversion	128,358
Settlement of derivative liabilities	202,901
Discount on convertible notes	55,614
Cancellation of common stock	$ 47,850

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Apr. 30, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 1 –SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization, Nature of Business and Trade Name A summary of significant accounting policies of Bigfoot Project Investments, Inc. (the “Company”), a company organized in the state of Nevada, is presented to assist in understanding the Company’s financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the companying financial statements. These financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity. The Company was incorporated in the State of Nevada on November 30, 2011. The Company’s administrative office is located at 570 El Camino Real NR-150, Redwood City, CA and its fiscal year ends July 31. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was established as an entertainment investment company. The Company’s mission is to create exciting and interesting proprietary investment projects, entertainment properties surrounding the mythology, research, and potential capture of the creature known as Bigfoot. The Company will perform research in determining the existences of an elusive creature commonly known as Bigfoot. For the past six years the research team, that has joined the company, has performed research on expeditions throughout the United States and Canada. The Company’s competitive advantage is the in-house developed knowledge base and the advanced level of maturity of their projects developed and currently owned by our current officers and shareholders. The Company will capitalize on the current stock pile of these projects through contract agreements which will allow the Company to continue creation of media properties and the establishment of physical locations, partnerships, and strategic alliances with organizations to augment investment markets to create revenue as a stand-alone enterprise. Basis of Presentation The accompanying unaudited interim financial statements have been prepared on the same basis as the annual audited financial statements and in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. In the opinion of management such unaudited information includes all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of this interim information. Operating results and cash flows for interim periods are not necessarily indicative of the results that can be expected for the entire year. The information included in this report should be read in conjunction with our audited financial statements and notes thereto included in our 10-K for the year ended July 31, 2017 filed with the SEC on November 15, 2017. Accounts receivable The Company routinely assesses the recoverability of receivables to determine their collectability by considering factors such as historical experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay. The Company determines its allowance for doubtful accounts by considering such factors as the length of time balances are past due, the Company’s previous loss history, the customer’s current ability to pay its obligations to the Company and the condition of the general economy and the industry as a whole. The Company has evaluated its accounts receivable history and determined that an allowance for doubtful accounts of $75,500 is required for the nine months ended April 30, 2018. Fair value of financial instruments The carrying value of cash, accounts receivable, accounts payable and accrued expenses, and debt approximate their fair values because of the short-term nature of these instruments. Management believes the Company is not exposed to significant interest or credit risks arising from these financial instruments. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable. ● Level 1 - Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets. ● Level 2 - Quoted prices for similar assets and liabilities in active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available pricing sources for comparable instruments. ● Level 3 - Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances. The following table presents the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of July 31, 2017: Amount Level 1 Level 2 Level 3 Embedded conversion derivative liability $ 262,722 $ - $ - $ 262,722 Total $ 262,722 $ - $ - $ 262,722 The following table presents the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of April 30, 2018: Amount Level 1 Level 2 Level 3 Embedded conversion derivative liability $ 156,246 $ - $ - $ 156,246 Total $ 156,246 $ - $ - $ 156,246 The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the derivative financial instruments, measured at fair value on a recurring basis using significant unobservable inputs: Balance at July 31, 2017 $ 262,722 Fair value of derivative liability at issuance charged to debt discount 55,614 Reclass to equity due to conversion (202,901 ) Unrealized derivative loss included in other expense 40,811 Balance at April 30, 2018 $ 156,246 The Company evaluated its convertible notes to determine if the embedded component of those contracts qualify as derivatives to be separately accounted for under ASC Topic 815, “Derivatives and Hedging.” The Company determined that due to the variable number of common stock that the notes convert to, the embedded conversion option were required to be bifurcated and accounted for as a derivative liability. The fair value of the derivative liability is calculated at the time of issuance and the Company records a derivative liability for the calculated value. Changes in the fair value of the derivative liability are recorded in other income (expense) in the statements of operations. Upon conversion of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. The Company’s derivative instruments were valued using the Lattice model which was based on a probability weighted discounted cash flow model. Assumptions used in the valuation include the following: a) underlying stock price ranging from $0.0026 to $0.0002; b) projected discount on the conversion price ranging from 35% to 62% with the notes effectively converting at discounts in the range of 49.5% to 72.45%; c) projected volatility of 293% to 663%; d) probabilities related to default and redemption of the notes during the term of the notes. The Company has considered the provisions of ASC 480, Distinguishing Liabilities from Equity Both notes are currently in default and the Company is researching options to satisfy the notes. Basic and Diluted Earnings per Share Basic earnings per share are based on the weighted-average number of shares of common stock outstanding. The FASB ASC Topic 260, “Earnings per Share”, requires the Company to include additional shares in the computation of earnings per share, assuming dilution. Diluted earnings per share are based on the assumption that all dilutive options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options are assumed to be exercised at the time of issuance, and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The Company does not have diluted effects on common stock as there was no warrant or option issued. Basic and diluted earnings per share are the same as there was no dilutive effect of outstanding stock options for the three and nine months ended April 30, 2018 and April 30, 2017. The following is a reconciliation of basic and diluted earnings per share for the three and nine months ended April 30, 2018 and 2017: Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended April 30, 2018 April 30, 2017 April 30, 2018 April 30, 2017 Numerator: Net (loss) available to common shareholders $ (124,108 ) $ (98,131 ) $ (5,673,592 ) $ (1,141,930 ) Denominator: Weighted average shares – basic and diluted 612,063,461 217,317,000 397,384,200 213,940,000 Net (loss) per share – basic and diluted $ (0.00 ) $ (0.00 ) (0.01 ) (0.00 )

Going Concern

Going Concern	9 Months Ended
	Apr. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 2 - GOING CONCERN The Company’s financial statements are prepared using accounting principles generally accepted in the United States of American applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern. These conditions raise substantial doubt about our ability to continue as a going concern. Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the preceding paragraph and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern. Historically, the Company has mostly relied upon internally generated funds such as shareholder loans and advances to finance its operation and growth. Management may raise additional capital by future public or private offerings of the Company’s stock or through loans from private investors, although there can be no assurance that it will be able to obtain such financing. The Company’s failure to do so could have a material and adverse effect upon it and its shareholders.

Advance from Shareholders

Advance from Shareholders	9 Months Ended
	Apr. 30, 2018
Related Party Transactions [Abstract]
Advance from Shareholders	NOTE 3 – ADVANCE FROM SHAREHOLDERS In the nine months ended April 30, 2018, additional advances from shareholders were received in the amount of $174,376. The Company made payments on these advances amounting to $138,727. These advances bear no interest and are due on demand. The total advances from shareholders as of July 31, 2017 were $60,322 and as of April 30, 2018 were $95,971.

Note Payable - Related Party

Note Payable - Related Party	9 Months Ended
	Apr. 30, 2018
Debt Disclosure [Abstract]
Note Payable - Related Party	NOTE 4 – NOTE PAYABLE – RELATED PARTY In January 2013, Bigfoot Project Investments, Inc. executed a promissory note in the amount of $484,029 as part of the asset transfer agreement for the transfer of all assets held by Searching for Bigfoot, Inc. In August 2013, the Company increased the balance of the promissory note by $489 to add an asset that was not included in the original transfer the terms of the note are that the unpaid principle and the accrued interest are payable in full on January 31, 2018. During the six months ended January 31, 2018, the holder of the note has agreed to allow the note to be renewed for another year. The interest rate stated on the note is 4.0% (four percent). Monthly payments are not required in the note; however, the note does contain a prepayment clause that allows for payments to be made prior to the due date with no detrimental effects. As of April 30, 2018, and July 31, 2017, the outstanding balance on the note was $472,370. Interest expense for the nine months ended April 30, 2018 and 2017 was $14,171 and $9,680.

Capital Stock

Capital Stock	9 Months Ended
	Apr. 30, 2018
Equity [Abstract]
Capital Stock	NOTE 5 - CAPITAL STOCK The holders of the Company’s common stock are entitled to receive dividends out of assets or funds legally available for the payment of dividends at such times and in such amounts as the board from time to time may determine. Holders of common stock are entitled to one vote for each share held on all matters submitted to a vote of shareholders. There is no cumulative voting of the election of directors then standing for election. The common stock is not entitled to pre-emptive rights and is not subject to conversion or redemption. Upon liquidation, dissolution or winding up of the company, the assets legally available for distribution to stockholders are distributable ratably among the holders of the common stock after payment of liquidation preferences, if any, on any outstanding payment of other claims of creditors. On November 28, 2017 the Board discussed and agreed to increase the authorized shares from 400,000,000 to 500,000,000 for the purpose of securing additional resources for anticipated operations. On November 29, 2017 an amendment to the Articles of Incorporation was filed with the Nevada Secretary of State to increase the authorized shares. On January 12, 2018 the Board discussed and agreed to increase the authorized shares from 500,000,000 to 4,000,000,000. Common stock authorized was changed to 3,500,000,000 and a class of Preferred stock was added with 500,000,000 shares authorized. This change was implemented for the purpose of securing additional resources and establishing the Preferred stock for merger/acquisition negotiations. The Board authorized stock compensation for Directors of the Company in the August 28, 2017 Directors meeting. The stock was issued on September 13, 2017. Total number of shares issued for director compensation was twenty million (20,000,000) shares to CEO, Tom Biscardi, ten million (10,000,000) shares to President, Tommy Biscardi, ten million (10,000,000) shares to CFO, Sara Reynolds and ten million (10,000,000) shares to Director, William Marlette for a total of fifty million shares (50,000,000). The Board also authorized stock compensation for the Company’s legal representative The Krueger Group in the amount of ten million shares (10,000,000). The Company recorded $5,220,000 stock-based compensation during the three months ended October 31, 2017. On December 27, 2017, the Board voted to rescind the stock compensation issued on September 13, 2017. Consequently, 47,850,000 shares issued as stock compensation were cancelled and the corresponding par value of $47,850 was reclassed to additional paid in capital. During the nine months ended April 30, 2018, EMA Financial converted 167,595,950 shares of common stock for a reduction in the principal amount due of $41,225. The note went into default as of January 19, 2018. Penalties in the amount of $45,232 were assessed upon default of the note. Balance of the note as of April 30, 2018 was $64,057. During the nine months ended April 30, 2018, Auctus Fund converted 213,769,199 shares of common stock for a principal amount due of $51,357 and settlement of unpaid interest of $6,486 and penalty of $5,000. The note went into default November 18, 2017, Auctus Fund assessed penalties totaling $20,000 for default and sub-penny penalties. Balance of the note as of April 30, 2018 was $26,143. During the nine months ended April 30, 2018, Power Up Lending converted 332,337,719 shares of common stock for a principal amount due of $24,290. The principal balance on the note as of April 30, 2018 is $35,710. The Company has 949,249,868 and 223,397,000 shares of common stock issued and outstanding as of April 30, 2018 and July 31, 2017, respectively.

Distribution Agreements

Distribution Agreements	9 Months Ended
	Apr. 30, 2018
Guarantees and Product Warranties [Abstract]
Distribution Agreements	NOTE 6 – DISTRIBUTION AGREEMENTS The Company entered into a Distribution Agreement on September 2, 2011 with the Bosko Group providing them a non-exclusive right to market the sales of its DVD’s. The Distribution Agreement requires the Company to pay the Bosko Group ten percent (10%) of the selling price of the DVD’s sold. This agreement remained in effect for a period of 4 years and has been automatically renewed for an additional 4 years with no limit on the number of times the agreement may be automatically renewed, unless either party gives notice to the other of its desire to terminate the Agreement at least sixty (60) days before expiration of the original or renewal term. In May 2017, the Company entered into two separate agreements (the “Re-Release”) with The Bosko Group LLC (the “Distributor”) to provide distribution and promotional services to the Company. The terms of the agreements provide for the following. a. Compensation to the Company for the Re-Release will be based on projected gross sales range and royalties for six existing DVD documentaries which will be offered into all distribution markets as a series with a new introduction narrated by Tom Biscardi. b. Compensation to the Company for the Distribution of new feature-length films is based on past performance of previous productions with up-front funding and projected royalties over all distribution channels. The Company completed production of the first of the new feature-length films in July 2017 and recognized revenues of $81,000 during the year ended July 31, 2017.

Convertible Notes

Convertible Notes	9 Months Ended
	Apr. 30, 2018
Debt Disclosure [Abstract]
Convertible Notes	NOTE 7 – CONVERTIBLE NOTES On January 19, 2017, the Company issued a convertible promissory note in the amount of $62,500 to EMA Financial, LLC, a Delaware limited liability company. This convertible note is due and payable on January 19, 2018, has an interest rate of 10% and is convertible to common stock of the Company at a conversion price equal to the lower of: (i) the closing sale price of the common stock on the principal market on the trading immediately preceding the closing date of this note, and (ii) 50% of either the lowest sale price for the common stock on the principal market during the twenty-five (25) consecutive trading days immediately preceding the conversion Date or the closing bid price. The note may be prepaid at 135% - 145% of outstanding principal balance. The note became convertible on May 23, 2017 and the variable conversion feature was accounted for as a derivative liability in accordance with ASC 815. During the nine months ended April 30, 2018, EMA Financial converted 167,595,950 shares of common stock for a reduction in the principal amount due of $41,225. The note went into default as of January 19, 2018. Penalties in the amount of $45,232 were assessed upon default of the note. Balance of the note as of April 30, 2018 was $64,057. On February 27, 2017, the Company issued a convertible promissory note in the amount of $62,500 to Auctus Fund LLC, a Delaware limited liability company. This convertible note is due and payable on November 18, 2017 with interest of 10% per annum. This note is convertible at the election of Auctus Fund, LLC after the 120 holding period has expired. In the event of default, the amount of principal and interest not paid when due bear interest at the rate of 24% per annum and the note becomes immediately due and payable. Should an event of default occur, the Company is liable to pay 150% of the then outstanding principal and interest. The note agreement contains covenants requiring Auctus Fund’s written consent for certain activities not in existence or not committed to by the Company on the issuance date of the note, as follows: dividend distributions in cash or shares, stock repurchases, borrowings, sale of assets, certain advances and loans in excess of $100,000, and certain guarantees with respect to preservation of existence of the Company and non-circumvention. This note became convertible on June 27, 2017 and the variable conversion feature was accounted for as a derivative liability in accordance with ASC 815. Outstanding note principal and interest accrued thereon can be converted in whole, or in part, at any time by Auctus Fund, LLC after the issuance date into an equivalent of the Company’s common stock at a conversion price equal to the lower of: (i) 50% multiplied by the lowest trading price of the common stock during the previous twenty-five (25) trading day period prior to the date of the note and (ii) 50% of the lowest trading price of the common stock during the twenty-five (25) trading day period prior to the conversion date. The Company may prepay the amounts outstanding to Auctus Fund at any time up to the 120 th plus plus On August 28, 2017, the Company issued a convertible promissory note in the amount of $60,000 to Power Up Lending Group LTD, a Virginia corporation. This convertible note is due and payable on June 10, 2018, has an interest rate of 12% and is convertible to common stock of the Company, beginning from 180 days following the date of the note, at a conversion price equal to 62% of the average of the lowest trading price of the common stock during the fifteen (15) trading day period prior to the conversion date. The note may be prepaid at any time up to 180 th During the nine months ended April 30, 2018, Power Up Lending converted 332,337,719 shares of common stock for a principal amount due of $24,290. The principal balance on the note as of April 30, 2018 is $35,710. In connection with the above notes, the Company paid deferred financing costs totaling to $20,000 that were recorded as a discount to the notes. The Company also recognized a debt discount of $105,000 resulting from the embedded conversion option derivative liability during the year ended April 30, 2017. During the nine months ended April 30, 2018, the Company recognized a debt discount of $55,614 resulting from the embedded conversion option derivative liability. The debt discount is amortized over the term of the note. During the nine months ended April 30, 2018 $151,876 was recorded as amortization of debt discount. Unamortized discount as of April 30, 2018 amounted to $15,529.

Advisory Agreements

Advisory Agreements	9 Months Ended
	Apr. 30, 2018
Banking and Thrift [Abstract]
Advisory Agreements	NOTE 8 – ADVISORY AGREEMENTS On November 30, 2017, the Company entered into an Advisory Agreement with Veyo Partners LLC in which Veyo Partners is to provide financial and other consulting services to the Company. Compensation for this agreement shall be a base fee in the form of common stock equal to 8% of the outstanding fully diluted shares of the Company and a monthly fee of $10,000 per month which is deferred until the advisors secure financing of no less than $300,000. No compensation amounts have been recognized from this agreement due to the fact that the initial terms for compensation have not been met. On December 3, 2017, the Company signed a binding letter of intent (the “ Agreement East Glacier Park Enterprises On February 9, 2018, the Company terminated the Agreement with East Glacier Park Enterprises.

Subsequent Events

Subsequent Events	9 Months Ended
	Apr. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	NOTE 9 - SUBSEQUENT EVENTS On May 29, 2018, Auctus converted 54,479,100 shares of common stock for a principal amount of $1,776 and accrued interest of $403. On various dates in May and June 2018, Power Up Lending Group converted 576,916,666 shares of common stock for a principal amount of $34,615. As of June 22, 2018, the principal balance of this note is $1,095.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Apr. 30, 2018
Accounting Policies [Abstract]
Organization, Nature of Business and Trade Name	Organization, Nature of Business and Trade Name A summary of significant accounting policies of Bigfoot Project Investments, Inc. (the “Company”), a company organized in the state of Nevada, is presented to assist in understanding the Company’s financial statements. The accounting policies presented in these footnotes conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the companying financial statements. These financial statements and notes are representations of the Company’s management who are responsible for their integrity and objectivity. The Company was incorporated in the State of Nevada on November 30, 2011. The Company’s administrative office is located at 570 El Camino Real NR-150, Redwood City, CA and its fiscal year ends July 31. Since inception, the Company has been engaged in organizational efforts and obtaining initial financing. The Company was established as an entertainment investment company. The Company’s mission is to create exciting and interesting proprietary investment projects, entertainment properties surrounding the mythology, research, and potential capture of the creature known as Bigfoot. The Company will perform research in determining the existences of an elusive creature commonly known as Bigfoot. For the past six years the research team, that has joined the company, has performed research on expeditions throughout the United States and Canada. The Company’s competitive advantage is the in-house developed knowledge base and the advanced level of maturity of their projects developed and currently owned by our current officers and shareholders. The Company will capitalize on the current stock pile of these projects through contract agreements which will allow the Company to continue creation of media properties and the establishment of physical locations, partnerships, and strategic alliances with organizations to augment investment markets to create revenue as a stand-alone enterprise.
Basis of Presentation	Basis of Presentation The accompanying unaudited interim financial statements have been prepared on the same basis as the annual audited financial statements and in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. In the opinion of management such unaudited information includes all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of this interim information. Operating results and cash flows for interim periods are not necessarily indicative of the results that can be expected for the entire year. The information included in this report should be read in conjunction with our audited financial statements and notes thereto included in our 10-K for the year ended July 31, 2017 filed with the SEC on November 15, 2017.
Accounts Receivable	Accounts receivable The Company routinely assesses the recoverability of receivables to determine their collectability by considering factors such as historical experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay. The Company determines its allowance for doubtful accounts by considering such factors as the length of time balances are past due, the Company’s previous loss history, the customer’s current ability to pay its obligations to the Company and the condition of the general economy and the industry as a whole. The Company has evaluated its accounts receivable history and determined that an allowance for doubtful accounts of $75,500 is required for the nine months ended April 30, 2018.
Fair Value of Financial Instruments	Fair value of financial instruments The carrying value of cash, accounts receivable, accounts payable and accrued expenses, and debt approximate their fair values because of the short-term nature of these instruments. Management believes the Company is not exposed to significant interest or credit risks arising from these financial instruments. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a fair value hierarchy based on three levels of inputs, of which the first two are considered observable and the last unobservable. ● Level 1 - Quoted prices in active markets for identical assets or liabilities. These are typically obtained from real-time quotes for transactions in active exchange markets involving identical assets. ● Level 2 - Quoted prices for similar assets and liabilities in active markets; quoted prices included for identical or similar assets and liabilities that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. These are typically obtained from readily-available pricing sources for comparable instruments. ● Level 3 - Unobservable inputs, where there is little or no market activity for the asset or liability. These inputs reflect the reporting entity’s own beliefs about the assumptions that market participants would use in pricing the asset or liability, based on the best information available in the circumstances. The following table presents the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of July 31, 2017: Amount Level 1 Level 2 Level 3 Embedded conversion derivative liability $ 262,722 $ - $ - $ 262,722 Total $ 262,722 $ - $ - $ 262,722 The following table presents the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of April 30, 2018: Amount Level 1 Level 2 Level 3 Embedded conversion derivative liability $ 156,246 $ - $ - $ 156,246 Total $ 156,246 $ - $ - $ 156,246 The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the derivative financial instruments, measured at fair value on a recurring basis using significant unobservable inputs: Balance at July 31, 2017 $ 262,722 Fair value of derivative liability at issuance charged to debt discount 55,614 Reclass to equity due to conversion (202,901 ) Unrealized derivative loss included in other expense 40,811 Balance at April 30, 2018 $ 156,246 The Company evaluated its convertible notes to determine if the embedded component of those contracts qualify as derivatives to be separately accounted for under ASC Topic 815, “Derivatives and Hedging.” The Company determined that due to the variable number of common stock that the notes convert to, the embedded conversion option were required to be bifurcated and accounted for as a derivative liability. The fair value of the derivative liability is calculated at the time of issuance and the Company records a derivative liability for the calculated value. Changes in the fair value of the derivative liability are recorded in other income (expense) in the statements of operations. Upon conversion of a derivative instrument, the instrument is marked to fair value at the conversion date and then that fair value is reclassified to equity. The Company’s derivative instruments were valued using the Lattice model which was based on a probability weighted discounted cash flow model. Assumptions used in the valuation include the following: a) underlying stock price ranging from $0.0026 to $0.0002; b) projected discount on the conversion price ranging from 35% to 62% with the notes effectively converting at discounts in the range of 49.5% to 72.45%; c) projected volatility of 293% to 663%; d) probabilities related to default and redemption of the notes during the term of the notes. The Company has considered the provisions of ASC 480, Distinguishing Liabilities from Equity Both notes are currently in default and the Company is researching options to satisfy the notes.
Basic and Diluted Earnings Per Share	Basic and Diluted Earnings per Share Basic earnings per share are based on the weighted-average number of shares of common stock outstanding. The FASB ASC Topic 260, “Earnings per Share”, requires the Company to include additional shares in the computation of earnings per share, assuming dilution. Diluted earnings per share are based on the assumption that all dilutive options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options are assumed to be exercised at the time of issuance, and as if funds obtained thereby were used to purchase common stock at the average market price during the period. The Company does not have diluted effects on common stock as there was no warrant or option issued. Basic and diluted earnings per share are the same as there was no dilutive effect of outstanding stock options for the three and nine months ended April 30, 2018 and April 30, 2017. The following is a reconciliation of basic and diluted earnings per share for the three and nine months ended April 30, 2018 and 2017: Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended April 30, 2018 April 30, 2017 April 30, 2018 April 30, 2017 Numerator: Net (loss) available to common shareholders $ (124,108 ) $ (98,131 ) $ (5,673,592 ) $ (1,141,930 ) Denominator: Weighted average shares – basic and diluted 612,063,461 217,317,000 397,384,200 213,940,000 Net (loss) per share – basic and diluted $ (0.00 ) $ (0.00 ) (0.01 ) (0.00 )

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Apr. 30, 2018
Accounting Policies [Abstract]
Schedule of Fair Value, Liabilities Measured on Recurring Basis	The following table presents the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of July 31, 2017: Amount Level 1 Level 2 Level 3 Embedded conversion derivative liability $ 262,722 $ - $ - $ 262,722 Total $ 262,722 $ - $ - $ 262,722 The following table presents the derivative financial instruments, the Company’s only financial liabilities measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of April 30, 2018: Amount Level 1 Level 2 Level 3 Embedded conversion derivative liability $ 156,246 $ - $ - $ 156,246 Total $ 156,246 $ - $ - $ 156,246
Schedule of Changes in Fair Value of Derivative Liability	The following table provides a summary of the changes in fair value, including net transfers in and/or out, of the derivative financial instruments, measured at fair value on a recurring basis using significant unobservable inputs: Balance at July 31, 2017 $ 262,722 Fair value of derivative liability at issuance charged to debt discount 55,614 Reclass to equity due to conversion (202,901 ) Unrealized derivative loss included in other expense 40,811 Balance at April 30, 2018 $ 156,246
Schedule of Earnings Per Share, Basic and Diluted	The following is a reconciliation of basic and diluted earnings per share for the three and nine months ended April 30, 2018 and 2017: Three Months Ended Three Months Ended Nine Months Ended Nine Months Ended April 30, 2018 April 30, 2017 April 30, 2018 April 30, 2017 Numerator: Net (loss) available to common shareholders $ (124,108 ) $ (98,131 ) $ (5,673,592 ) $ (1,141,930 ) Denominator: Weighted average shares – basic and diluted 612,063,461 217,317,000 397,384,200 213,940,000 Net (loss) per share – basic and diluted $ (0.00 ) $ (0.00 ) (0.01 ) (0.00 )

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Details Narrative)	9 Months Ended
	Apr. 30, 2018USD ($)$ / shares
State of incorporation	Nevada
Date of incorporation	Nov. 30, 2011
Allowance for doubtful accounts | $	$ 75,500
Minimum [Member]
Share price	$ 0.0002
Fair value discount rate, projected	35.00%
Minimum [Member] | Discount Rate [Member]
Fair value inputs, percentage	49.50%
Minimum [Member] | Price Volatility [Member]
Fair value inputs, percentage	293.00%
Maximum [Member]
Share price	$ 0.0026
Fair value discount rate, projected	62.00%
Maximum [Member] | Discount Rate [Member]
Fair value inputs, percentage	72.45%
Maximum [Member] | Price Volatility [Member]
Fair value inputs, percentage	663.00%

Summary of Significant Accoun18

Summary of Significant Accounting Policies - Schedule of Fair Value, Liabilities Measured on Recurring Basis (Details) - USD ($)	Apr. 30, 2018	Jul. 31, 2017
Embedded conversion derivative liability	$ 156,246	$ 262,722
Level 1 [Member]
Embedded conversion derivative liability
Level 2 [Member]
Embedded conversion derivative liability
Level 3 [Member]
Embedded conversion derivative liability	$ 156,246	$ 262,722

Summary of Significant Accoun19

Summary of Significant Accounting Policies - Schedule of Changes in Fair Value of Derivative Liability (Details)	9 Months Ended
	Apr. 30, 2018USD ($)
Accounting Policies [Abstract]
Fair Value of Convertible debt, Starting Balance	$ 262,722
Fair value of derivative liability at issuance charged to debt discount	55,614
Reclass to equity due to conversion	(202,901)
Unrealized derivative loss included in other expense	40,811
Fair Value of Convertible debt, Ending Balance	$ 156,246

Summary of Significant Accoun20

Summary of Significant Accounting Policies - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($)	3 Months Ended		9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Apr. 30, 2018	Apr. 30, 2017
Accounting Policies [Abstract]
Net (loss) available to common shareholders	$ (124,108)	$ (98,131)	$ (5,673,592)	$ (1,141,930)
Weighted average shares - basic and diluted	612,063,461	217,317,000	397,384,200	213,940,000
Net (loss) per share - basic and diluted	$ 0	$ 0	$ (0.01)	$ (0.01)

Advance from Shareholders (Deta

Advance from Shareholders (Details Narrative) - USD ($)	9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Jul. 31, 2017
Related Party Transactions [Abstract]
Proceeds for advances from shareholders	$ 174,376	$ 48,414
Repayments of advances from shareholders	138,727	$ 19,983
Advance from shareholders	$ 95,971		$ 60,322

Note Payable - Related party (D

Note Payable - Related party (Details Narrative) - USD ($)	9 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Jul. 31, 2017	Aug. 31, 2013	Jan. 31, 2013
Debt Disclosure [Abstract]
Promissory note				$ 489	$ 484,029
Short-term debt, terms	The terms of the note are that the unpaid principle and the accrued interest are payable in full on January 31, 2018.
Short-term debt, interest rate	4.00%
Note payable related party	$ 472,370		$ 472,370
Interest expense on promissory note	$ 14,171	$ 9,680

Capital Stock (Details Narrativ

Capital Stock (Details Narrative) - USD ($)	Sep. 13, 2017	Oct. 31, 2017	Apr. 30, 2018	Jan. 12, 2018	Nov. 28, 2017	Jul. 31, 2017	Feb. 27, 2017	Jan. 19, 2017
Common stock, shares authorized			3,500,000,000			3,500,000,000
Preferred stock, authorized			500,000,000			500,000,000
Issuance of stock for directors compensation	50,000,000
Stock-based compensation		$ 5,220,000
Number of shares cancelled			47,850,000
Reclassification to additional paid in capital			$ 47,850
Conversion of common stock			167,595,950
Common stock, shares issued			949,249,868			223,397,000
Common stock, shares outstanding			949,249,868			223,397,000
Krueger Group [Member]
Issuance of stock for directors compensation	10,000,000
EMA Financial [Member]
Conversion of common stock			167,595,950
Principal amount			$ 41,225					$ 62,500
Penalty amount			45,232
Outstanding balance			$ 64,057
Autus Fund [Member]
Conversion of common stock			213,769,199
Principal amount			$ 51,357				$ 62,500
Penalty amount			5,000
Outstanding balance			26,143
Settlement of unpaid interest			6,486
Total penalty for default and sub-penny penalties			$ 20,000
Power Up Lending [Member]
Conversion of common stock			332,337,719
Principal amount			$ 24,290
Outstanding balance			$ 35,710
Chief Executive Officer [Member]
Issuance of stock for directors compensation	20,000,000
President [Member]
Issuance of stock for directors compensation	10,000,000
Chief Financial Officer [Member]
Issuance of stock for directors compensation	10,000,000
Director [Member]
Issuance of stock for directors compensation	10,000,000
Preferred Stock [Member]
Common stock, shares authorized				3,500,000,000
Common Stock [Member]
Preferred stock, authorized				500,000,000
Minimum [Member]
Capital stock, shares authorized				500,000,000	400,000,000
Maximum [Member]
Capital stock, shares authorized				4,000,000,000	500,000,000

Distribution Agreements (Detail

Distribution Agreements (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Apr. 30, 2018	Jul. 31, 2017
Guarantees and Product Warranties [Abstract]
Distributed agreement description	The Distribution Agreement requires the Company to pay the Bosko Group ten percent (10%) of the selling price of the DVD’s sold. This agreement remained in effect for a period of 4 years and has been automatically renewed for an additional 4 years with no limit on the number of times the agreement may be automatically renewed, unless either party gives notice to the other of its desire to terminate the Agreement at least sixty (60) days before expiration of the original or renewal term
Recognized revenue		$ 81,000

Convertible Notes (Details Narr

Convertible Notes (Details Narrative)	Aug. 28, 2017USD ($)Integer	Feb. 27, 2017USD ($)Integer	Jan. 19, 2017USD ($)Integer	Apr. 30, 2018USD ($)shares	Apr. 30, 2017USD ($)
Convertible promissory note, interest rate				4.00%
Conversion of common stock | shares				167,595,950
Deferred financing cost				$ 20,000
Embedded conversion option derivative liability				55,614	$ 105,000
Amortized debt discount				151,876	$ 20,000
Unamortized debt discount				15,529
EMA Financial [Member]
Convertible promissory note, face amount			$ 62,500	$ 41,225
Convertible promissory note, maturity date			Jan. 19, 2018
Convertible promissory note, interest rate			10.00%
Lowest sale price percentage			50.00%
Number of consecutive trading days | Integer			25
Conversion of common stock | shares				167,595,950
Penalty amount				$ 45,232
Convertible promissory note, outstanding principal balance				64,057
EMA Financial [Member] | Minimum [Member]
Prepaid percentage of outstanding principal balance			135.00%
EMA Financial [Member] | Maximum [Member]
Prepaid percentage of outstanding principal balance			145.00%
Autus Fund [Member]
Convertible promissory note, face amount		$ 62,500		$ 51,357
Convertible promissory note, maturity date		Nov. 18, 2017
Convertible promissory note, interest rate		10.00%
Lowest sale price percentage		50.00%
Number of consecutive trading days | Integer		25
Conversion of common stock | shares				213,769,199
Penalty amount				$ 5,000
Convertible promissory note, outstanding principal balance				26,143
Debt instrument description		In the event of default, the amount of principal and interest not paid when due bear interest at the rate of 24% per annum and the note becomes immediately due and payable. Should an event of default occur, the Company is liable to pay 150% of the then outstanding principal and interest.
Excess of loan and advance		$ 100,000
Settlement of unpaid interest				6,486
Total penalty for default and sub-penny penalties				20,000
Autus Fund [Member] | Minimum [Member]
Prepaid percentage of outstanding principal balance		135.00%
Autus Fund [Member] | Maximum [Member]
Prepaid percentage of outstanding principal balance		145.00%
Power Up Lending Group LTD [Member]
Convertible promissory note, face amount	$ 60,000
Convertible promissory note, maturity date	Jun. 10, 2018
Convertible promissory note, interest rate	12.00%
Lowest sale price percentage	62.00%
Number of consecutive trading days | Integer	15
Power Up Lending Group LTD [Member] | Minimum [Member]
Prepaid percentage of outstanding principal balance	115.00%
Power Up Lending Group LTD [Member] | Maximum [Member]
Prepaid percentage of outstanding principal balance	140.00%
Power Up Lending [Member]
Convertible promissory note, face amount				$ 24,290
Conversion of common stock | shares				332,337,719
Convertible promissory note, outstanding principal balance				$ 35,710

Advisory Agreements (Details Na

Advisory Agreements (Details Narrative) - USD ($)	Dec. 03, 2017	Nov. 30, 2017	Apr. 30, 2018
Deferred financing cost			$ 20,000
Veyo Partners LLC [Member]
Common stock diluted outstanding shares percentage		8.00%
Compensation monthly fee		$ 10,000
Deferred financing cost		$ 300,000
East Glacier Park Enterprises [Member]
Stock issued during period for acquisition	$ 6,000,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	May 29, 2018	Jun. 30, 2018	May 31, 2018	Apr. 30, 2018	Jun. 22, 2018	Feb. 27, 2017
Conversion of common stock				167,595,950
Autus Fund [Member]
Conversion of common stock				213,769,199
Principal amount				$ 51,357		$ 62,500
Autus Fund [Member] | Subsequent Event [Member]
Conversion of common stock	54,479,100
Principal amount	$ 1,776
Accrued interest	$ 403
Power Up Lending Group [Member] | Subsequent Event [Member]
Conversion of common stock		576,916,666	576,916,666
Principal amount		$ 34,615	$ 34,615		$ 1,095