Jangit Enterprises 10-Q 24 Mar 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jan. 31, 2022	Mar. 24, 2022
Details
Registrant CIK	0001853506
Fiscal Year End	--07-31
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jan. 31, 2022
Document Transition Report	false
Entity Registrant Name	JANGIT ENTERPRISES, INC.
Entity Incorporation, State or Country Code	UT
Entity File Number	333-254934
Entity Tax Identification Number	85-2233351
Entity Address, Address Line One	64175 620th Street
Entity Address, City or Town	Atlantic
Entity Address, State or Province	IA
Entity Address, Postal Zip Code	50022
City Area Code	402
Local Phone Number	630-6307
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
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		37,500,000
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Jan. 31, 2022	Jul. 31, 2021
Current assets
Cash	$ 95	$ 95
Total current assets	95	95
License Agreement with related party	26,000	26,000
Total assets	26,095	26,095
Current liabilities
Notes payable	22,528	9,000
Notes payable to related party	21,235	21,235
Accrued expenses	9,412	9,613
Accrued expenses to related party	11,667	811
Total current liabilities	64,842	40,659
Total liabilities	64,842	40,659
Stockholder's deficit
Preferred shares	0	0
Common shares	37,500	37,500
Additional paid-in capital	98,500	98,500
Accumulated deficit	(174,747)	(150,564)
Total stockholder's deficit	(38,747)	(14,564)
Total liabilities and stockholder's deficit	$ 26,095	$ 26,095

Condensed Balance Sheets - Pare

Condensed Balance Sheets - Parenthetical - $ / shares	Jan. 31, 2022	Jul. 31, 2021
Details
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	500,000,000	500,000,000
Common Stock, Shares, Issued	37,500,000	37,500,000
Common Stock, Shares, Outstanding	37,500,000	37,500,000

Condensed Statements of Operati

Condensed Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2022	Jan. 31, 2021
Details
Revenue, net	$ 0	$ 0	$ 0	$ 0
Operating expenses
Professional Fees	12,440	8,000	12,440	8,000
Stock-based compensation	0	110,000	0	110,000
Other general and administrative expenses	10,000	11	10,000	11
Operating loss	(22,440)	(118,011)	(22,440)	(118,011)
Other income (expense)
Interest expense	(1,133)	(345)	(1,743)	(377)
Total other income (expense)	(1,133)	(345)	(1,743)	(377)
Net loss	$ (23,573)	$ (118,356)	$ (24,183)	$ (118,388)
Net loss per share - basic	$ 0	$ 0	$ 0	$ (0.01)
Weighted average number of shares outstanding - basic	37,500,000	29,755,435	37,500,000	14,877,717

Condensed Statements of Stockho

Condensed Statements of Stockholders' Deficit - USD ($)	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 31, 2020	$ 0	$ 0	$ 0	$ (70)	$ (70)
Shares, Outstanding, Beginning Balance at Jul. 31, 2020	0	0
Net loss	$ 0	$ 0	0	(32)	(32)
Stockholders' Equity Attributable to Parent, Ending Balance at Oct. 31, 2020	$ 0	$ 0	0	(102)	(102)
Shares, Outstanding, Ending Balance at Oct. 31, 2020	0	0
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 31, 2020	$ 0	$ 0	0	(70)	(70)
Shares, Outstanding, Beginning Balance at Jul. 31, 2020	0	0
Common stock issued for license agreement, related party					26,000
Net loss					(118,388)
Stockholders' Equity Attributable to Parent, Ending Balance at Jan. 31, 2021	$ 0	$ 37,500	98,500	(118,458)	17,542
Shares, Outstanding, Ending Balance at Jan. 31, 2021	0	37,500,000
Stockholders' Equity Attributable to Parent, Beginning Balance at Oct. 31, 2020	$ 0	$ 0	0	(102)	(102)
Shares, Outstanding, Beginning Balance at Oct. 31, 2020	0	0
Common stock issued for license agreement, related party	$ 0	$ 26,000	0	0	26,000
Common Stock Issued For License Agreement, Related Party (shares)		26,000,000
Stock Issued During Period, Value, New Issues	0	$ 10,000	0	0	10,000
Stock Issued During Period, Shares, New Issues		10,000,000
Stock Issued During Period, Value, Issued for Services	0	$ 1,500	98,500	0	100,000
Stock Issued During Period, Shares, Issued for Services		1,500,000
Net loss	0	$ 0	0	(118,356)	(118,356)
Stockholders' Equity Attributable to Parent, Ending Balance at Jan. 31, 2021	$ 0	$ 37,500	98,500	(118,458)	17,542
Shares, Outstanding, Ending Balance at Jan. 31, 2021	0	37,500,000
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 31, 2021	$ 0	$ 37,500	98,500	(150,564)	(14,564)
Shares, Outstanding, Beginning Balance at Jul. 31, 2021	0	37,500,000
Net loss	$ 0	$ 0	0	(610)	(610)
Stockholders' Equity Attributable to Parent, Ending Balance at Oct. 31, 2021	$ 0	$ 37,500	98,500	(151,174)	(15,174)
Shares, Outstanding, Ending Balance at Oct. 31, 2021	0	37,500,000
Stockholders' Equity Attributable to Parent, Beginning Balance at Jul. 31, 2021	$ 0	$ 37,500	98,500	(150,564)	(14,564)
Shares, Outstanding, Beginning Balance at Jul. 31, 2021	0	37,500,000
Common stock issued for license agreement, related party					0
Net loss					(24,183)
Stockholders' Equity Attributable to Parent, Ending Balance at Jan. 31, 2022	$ 0	$ 37,500	98,500	(174,747)	(38,747)
Shares, Outstanding, Ending Balance at Jan. 31, 2022	0	37,500,000
Stockholders' Equity Attributable to Parent, Beginning Balance at Oct. 31, 2021	$ 0	$ 37,500	98,500	(151,174)	(15,174)
Shares, Outstanding, Beginning Balance at Oct. 31, 2021	0	37,500,000
Net loss	$ 0	$ 0	0	(23,573)	(23,573)
Stockholders' Equity Attributable to Parent, Ending Balance at Jan. 31, 2022	$ 0	$ 37,500	$ 98,500	$ (174,747)	$ (38,747)
Shares, Outstanding, Ending Balance at Jan. 31, 2022	0	37,500,000

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows - USD ($)	6 Months Ended
	Jan. 31, 2022	Jan. 31, 2021
Cash flows from operating activities
Net loss	$ (24,183)	$ (118,388)
Adjustments to reconcile net loss to net cash used in operations
Stock-based compensation	0	110,000
Changes in operating assets and liabilities
Accrued expenses	(201)	185
Accrued expenses primarily to related parties	10,856	192
Net Cash Provided by (Used in) Operating Activities, Continuing Operations	(13,528)	(8,011)
Cash flows from financing activities
Proceeds from note payable	13,528	0
Proceeds from note payable - related party	0	8,100
Net cash provided by financing activities	13,528	8,100
Net decrease in cash	0	89
Cash at beginning of year	95	0
Cash at end of period	95	89
Supplemental disclosure of cash flow information
Cash paid for interest	0	0
Cash paid for taxes	0	0
Non-cash investing and financing activities
Common stock issued for license agreement, related party	0	26,000
Note payable issued for prepaid legal fees	$ 0	$ 9,000

NOTE 1 - NATURE OF OPERATIONS A

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization Jangit Enterprises, Inc. (the “Company,” “we,” “us,” “our,” or “Jangit”) is a Utah corporation. The business was started on June 29, 2020. Nature of Operations Our general business strategy is to provide summarization software services through a “freemium” pay model, where the basic services are free, and the consumer has the option to either expand the service with a pay-per use or subscription fee model. Basis of Presentation The Company follows the accrual basis of accounting in accordance with generally accepted accounting principles in the United States of America (U.S. GAAP) and has a year-end of July 31. The unaudited condensed financial statements of the Company for the six month period ended January 31, 2022 have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Regulation S-X. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. However, such information reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of management, necessary for the fair presentation of the financial position and the results of operations. Results shown for interim periods are not necessarily indicative of the results to be obtained for a full fiscal year. The balance sheet information as of July 31, 2021 was derived from the audited financial statements included in the Company’s financial statements as of and for the year ended July 31, 2021. These financial statements should be read in conjunction with that report. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Fair Value of Financial Information The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash and accrued expenses, carrying amounts approximate fair value due to their short maturities. We follow accounting guidance for financial and non-financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use. Revenue Recognition In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This update provides a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. The guidance also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. We have adopted this update but have generated no revenues since inception. The revenue for the Company will be through a subscription to the services and for the advertising revenue which would be collected online. Income Taxes The Company adopted the provisions of ASC 740, “Income Taxes.” When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying condensed consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of January 31, 2022, due to inception in 2020, tax year 2021 is open for IRS audit. Net Earnings (Loss) Per Share In accordance with ASC 260-10, “Earnings Per Share,” basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common stock shares outstanding during the period. The Company does not currently have any potential dilutive securities outstanding as of January 31, 2022. Going Concern The accompanying unaudited financial statements and the factors within it, have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business and the ability of the Company to continue as a going concern for a reasonably period of time. The Company had net loss of $24,183 and had cash used in operating activities of $13,528 for the six months ended January 31, 2022. As of January 31, 2022, the Company had a working capital deficit of $64,747, stockholders’ deficit of $38,747 and accumulated deficit of $174,747. The Company’s ability to continue as a going concern depends upon its ability to obtain adequate funding to support its operations through continuing investments of debt and/or equity by qualified investors/creditors, internally generated working capital. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. No assurance can be given that the Company will be successful in these efforts. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Effect of Recent Accounting Pronouncements The Company reviews new accounting standards and updates as issued. No new standards or updates had any material effect on these financial statements. The accounting pronouncements and updates issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these financial statements. The outbreak of the coronavirus (COVID-19) resulted in increased travel restrictions, and shutdown of businesses, which may cause slower recovery of the economy. We may experience impact from quarantines, market downturns and changes in customer behavior related to pandemic fears and impact on our workforce if the virus continues to spread. In addition, one or more of our customers, partners, service providers or supplies may experience financial distress, delayed or defaults on payment, file for bankruptcy protection, sharp diminishing of business, or suffer disruptions in their business due to the outbreak. The extent to which the coronavirus impacts our results will depend on future developments and reactions throughout the world, which are highly uncertain and will include emerging information concerning the severity of the coronavirus and the actions taken by governments and private businesses to attempt to contain the coronavirus. It is likely to result in a potential material adverse impact on our business, results of operations and financial condition. Wider-spread COVID-19 globally could prolong the deterioration in economic conditions and could cause decreases in or delays in advertising spending and reduce and/or negatively impact our short-term ability to grow our revenues. Any decreased collectability of accounts receivable, bankruptcy of small and medium businesses, or early termination of agreements due to deterioration in economic conditions could negatively impact our results of operations.

NOTE 2 - COMMITMENTS AND CONTIN

NOTE 2 - COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 2 - COMMITMENTS AND CONTINGENCIES	NOTE 2 – COMMITMENTS AND CONTINGENCIES Legal Matters From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business.

NOTE 3 - NOTES PAYABLE

NOTE 3 - NOTES PAYABLE	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 3 - NOTES PAYABLE	NOTE 3 – NOTES PAYABLE On October 16, 2020, the Company executed an unsecured promissory note with Kelly Kirchhoff (“Kirchhoff”), a related party, for $8,100. The note has interest of 8% and is payable on October 16, 2021, in the amount of $8,748. Kirchhoff has extended the due date of the note until October 16, 2022. As of January 31, 2022, interest accrued was $840. See Note 6. On October 30, 2020, the Company executed an unsecured promissory note with Vincent & Rees for $9,000. The note has interest of 8% and is payable on October 30, 2021. Vincent & Rees has extended the due date of the note until October 30, 2022. As of January 31, 2022, interest accrued was $905. On March 2, 2021, the Company executed an unsecured promissory note with Kirchhoff, a related party, for $1,035. The note has interest of 8% and is payable on March 2, 2022. Kirchhoff has extended the due date of the note until March 2, 2023. As of January 31, 2022, interest accrued was $76. See Note 6. On March 26, 2021, the Company executed an unsecured promissory note with Kirchhoff, a related party, for $2,500. The note has interest of 8% and is payable on March 26, 2022. As of January 31, 2022, interest accrued was $171. See Note 6. On April 19, 2021, the Company executed an unsecured promissory note with Kirchhoff, a related party, for $5,600. The note has interest of 8% and is payable on April 19, 2022. As of January 31, 2022, interest accrued was $353. See Note 6. On May 18, 2021, the Company executed an unsecured promissory note with Kirchhoff, a related party, for $4,000. The note has interest of 8% and is payable on May 17, 2022. As of January 31, 2022, interest accrued was $227. See Note 6. On September 1, 2021, the Company executed an unsecured promissory note with Vincent & Rees for $9,000. The note has interest of 8% and is payable on September 1, 2022. As of January 31, 2022, interest accrued was $302. On November 8, 2021, the Company executed an unsecured promissory note with Vincent & Rees for $960. The note has interest of 8% and is payable on November 8, 2022. As of January 31, 2022, interest accrued was $18. On December 17, 2021, the Company executed an unsecured promissory note with Vincent & Rees for $3,568. The note has interest of 8% and is payable on December 17, 2022. As of January 31, 2022, interest accrued was $36.

NOTE 4 - LICENSE AGREEMENT

NOTE 4 - LICENSE AGREEMENT	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 4 - LICENSE AGREEMENT	NOTE 4 – LICENSE AGREEMENT On November 19, 2020, the Company and Digital Research Solutions, Inc. (“DRS”) entered into a license agreement (the “License Agreement”). DRS is controlled by the Company’s sole officer and director, Kirchhoff. The License Agreement is for certain patents related to commercial computer software. The License Agreement required the issuance of 61% in equity of the Company on a fully diluted basis. The Company issued 26,000,000 shares of common stock to DRS. The License Agreement has royalty fees of 6% of net sales of licensed products with a minimum royalty payment of $10,000 per year beginning on January 1, 2022. The royalty payment shall be for ten years from the first commercial sale of the applicable licensed product in the applicable country. On January 2, 2022, the payment due January 1, 2022 was extended until January 1, 2023 and was accrued accordingly. See Notes 5 and 6.

NOTE 5 - STOCKHOLDERS' EQUITY

NOTE 5 - STOCKHOLDERS' EQUITY	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 5 - STOCKHOLDERS' EQUITY	NOTE 5 – STOCKHOLDERS’ EQUITY Preferred Stock On June 29, 2020, the Board of Directors of the Company authorized 10,000,000 shares of “blank check” preferred stock with a par value of $0.001. The shares of preferred stock authorized have not been designates at this time. As of January 31, 2022, and July 31, 2021, there were no shares issued or outstanding. Common Stock On June 29, 2020, the Board of Directors of the Company authorized 500,000,000 shares of common stock with a par value of $0.001. Each outstanding share of common stock entitles the holder to one vote per share on all matters submitted to a stockholder vote. All shares of common stock are non-assessable and non-cumulative, with no pre-emptive rights. On November 19, 2020, Kirchhoff, the incorporator, sole officer and director of the Company, was issued 10,000,000 founder’s shares of common stock of the Company for services rendered in the Company’s business plan and as an officer and director of the Company. The shares were valued at par value of $0.001 as these represented founder’s shares and there were no indicators of fair value for these shares. See Note 6. On November 19, 2020, the Company and Digital Research Solutions, Inc. (“DRS”) entered into a license agreement (the “License Agreement”). DRS is controlled by the Company’s sole officer and director, Kirchhoff. The License Agreement is for certain patents related to commercial computer software. The License Agreement required the issuance of 61% in equity of the Company on a fully diluted basis. The Company issued 26,000,000 shares of common stock to DRS. The License Agreement has royalty fees of 6% of net sales of licensed products with a minimum royalty payment of $10,000 per year beginning on January 1, 2022. On January 2, 2022, the payment due January 1, 2022 was extended until January 1, 2023 and accrued accordingly. The royalty payment shall be for ten years from the first commercial sale of the applicable licensed product in the applicable country. See Notes 4 and 6. On November 19, 2020, the Company issued 1,500,000 shares of common stock to Okane Enterprises, LLC for services valued at $100,000. As of January 31, 2022, and July 31, 2021, there were 37,500,000 and 37,500,000 shares issued and outstanding, respectively.

NOTE 6 - RELATED PARTY

NOTE 6 - RELATED PARTY	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 6 - RELATED PARTY	NOTE 6 – RELATED PARTY On October 16, 2020, the Company executed an unsecured promissory note with Korchhoff for $8,100. See Note 3. On November 19, 2020, Kirchhoff, the incorporator, sole officer and director of the Company, was issued 10,000,000 founder’s shares of common stock of the Company for services rendered in the Company’s business plan and as an officer and director of the Company. See Note 5. On November 19, 2020, the Company and DRS entered into the License Agreement. See Notes 2 and 5. On March 2, 2021, the Company executed an unsecured promissory note with Kirchhoff for $1,035. See Note 3. On March 26, 2021, the Company executed an unsecured promissory note with Kirchhoff for $2,500. See Note 3. On April 19, 2021, the Company executed an unsecured promissory note with Kirchhoff for $5,600. See Note 3. On May 18, 2021, the Company executed an unsecured promissory note with Kirchhoff for $4,000. See Note 3.

NOTE 7 - SUBSEQUENT EVENTS

NOTE 7 - SUBSEQUENT EVENTS	6 Months Ended
	Jan. 31, 2022
Notes
NOTE 7 - SUBSEQUENT EVENTS	NOTE 7 – SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date the financial statements were issued and filed with the Securities and Exchange Commission. The Company has determined that there are no other such events that warrant disclosure or recognition in the financial statements. On February 12, 2022, the Company executed an unsecured promissory note with Vincent & Rees for $1,250. The note has interest of 8% and is payable on February 12, 2023. On March 17, 2022, the Company executed an unsecured promissory note with Kirchhoff for $11,900. The note has interest of 8% and is payable on March 17, 2022.

NOTE 1 - NATURE OF OPERATIONS_2

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Organization (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Organization	Organization Jangit Enterprises, Inc. (the “Company,” “we,” “us,” “our,” or “Jangit”) is a Utah corporation. The business was started on June 29, 2020.

NOTE 1 - NATURE OF OPERATIONS_3

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Nature of Operations (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Nature of Operations	Nature of Operations Our general business strategy is to provide summarization software services through a “freemium” pay model, where the basic services are free, and the consumer has the option to either expand the service with a pay-per use or subscription fee model.

NOTE 1 - NATURE OF OPERATIONS_4

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Basis of Presentation (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Basis of Presentation	Basis of Presentation The Company follows the accrual basis of accounting in accordance with generally accepted accounting principles in the United States of America (U.S. GAAP) and has a year-end of July 31. The unaudited condensed financial statements of the Company for the six month period ended January 31, 2022 have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Regulation S-X. Accordingly, they do not include all the information and footnotes required by accounting principles generally accepted in the United States of America for complete financial statements. However, such information reflects all adjustments (consisting solely of normal recurring adjustments), which are, in the opinion of management, necessary for the fair presentation of the financial position and the results of operations. Results shown for interim periods are not necessarily indicative of the results to be obtained for a full fiscal year. The balance sheet information as of July 31, 2021 was derived from the audited financial statements included in the Company’s financial statements as of and for the year ended July 31, 2021. These financial statements should be read in conjunction with that report.

NOTE 1 - NATURE OF OPERATIONS_5

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Use of Estimates (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

NOTE 1 - NATURE OF OPERATIONS_6

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Cash and Cash Equivalents (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.

NOTE 1 - NATURE OF OPERATIONS_7

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Information (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Fair Value of Financial Information	Fair Value of Financial Information The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash and accrued expenses, carrying amounts approximate fair value due to their short maturities. We follow accounting guidance for financial and non-financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use.

NOTE 1 - NATURE OF OPERATIONS_8

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Revenue Recognition (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Revenue Recognition	Revenue Recognition In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). This update provides a comprehensive new revenue recognition model that requires a company to recognize revenue to depict the transfer of goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. The guidance also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts. We have adopted this update but have generated no revenues since inception. The revenue for the Company will be through a subscription to the services and for the advertising revenue which would be collected online.

NOTE 1 - NATURE OF OPERATIONS_9

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Income Taxes (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Income Taxes	Income Taxes The Company adopted the provisions of ASC 740, “Income Taxes.” When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying condensed consolidated balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of January 31, 2022, due to inception in 2020, tax year 2021 is open for IRS audit.

NOTE 1 - NATURE OF OPERATION_10

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Net Earnings (Loss) Per Share (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Net Earnings (Loss) Per Share	Net Earnings (Loss) Per Share In accordance with ASC 260-10, “Earnings Per Share,” basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common stock shares outstanding during the period. The Company does not currently have any potential dilutive securities outstanding as of January 31, 2022.

NOTE 1 - NATURE OF OPERATION_11

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Going Concern (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Going Concern	Going Concern The accompanying unaudited financial statements and the factors within it, have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business and the ability of the Company to continue as a going concern for a reasonably period of time. The Company had net loss of $24,183 and had cash used in operating activities of $13,528 for the six months ended January 31, 2022. As of January 31, 2022, the Company had a working capital deficit of $64,747, stockholders’ deficit of $38,747 and accumulated deficit of $174,747. The Company’s ability to continue as a going concern depends upon its ability to obtain adequate funding to support its operations through continuing investments of debt and/or equity by qualified investors/creditors, internally generated working capital. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s continuation as a going concern is dependent upon its ability to generate revenues and its ability to continue receiving investment capital and loans from third parties to sustain its current level of operations. No assurance can be given that the Company will be successful in these efforts. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE 1 - NATURE OF OPERATION_12

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Effect of Recent Accounting Pronouncements (Policies)	6 Months Ended
	Jan. 31, 2022
Policies
Effect of Recent Accounting Pronouncements	Effect of Recent Accounting Pronouncements The Company reviews new accounting standards and updates as issued. No new standards or updates had any material effect on these financial statements. The accounting pronouncements and updates issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these financial statements. The outbreak of the coronavirus (COVID-19) resulted in increased travel restrictions, and shutdown of businesses, which may cause slower recovery of the economy. We may experience impact from quarantines, market downturns and changes in customer behavior related to pandemic fears and impact on our workforce if the virus continues to spread. In addition, one or more of our customers, partners, service providers or supplies may experience financial distress, delayed or defaults on payment, file for bankruptcy protection, sharp diminishing of business, or suffer disruptions in their business due to the outbreak. The extent to which the coronavirus impacts our results will depend on future developments and reactions throughout the world, which are highly uncertain and will include emerging information concerning the severity of the coronavirus and the actions taken by governments and private businesses to attempt to contain the coronavirus. It is likely to result in a potential material adverse impact on our business, results of operations and financial condition. Wider-spread COVID-19 globally could prolong the deterioration in economic conditions and could cause decreases in or delays in advertising spending and reduce and/or negatively impact our short-term ability to grow our revenues. Any decreased collectability of accounts receivable, bankruptcy of small and medium businesses, or early termination of agreements due to deterioration in economic conditions could negatively impact our results of operations.

NOTE 1 - NATURE OF OPERATION_13

NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Going Concern (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jan. 31, 2022	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020	Jan. 31, 2022	Jan. 31, 2021	Jul. 31, 2021	Jul. 31, 2020
Details
Net loss	$ 23,573	$ 610	$ 118,356	$ 32	$ 24,183	$ 118,388
Net Cash Provided by (Used in) Operating Activities, Continuing Operations					13,528	8,011
Working Capital Deficit	64,747				64,747
Total stockholder's deficit	38,747	$ 15,174	$ (17,542)	$ 102	38,747	$ (17,542)	$ 14,564	$ 70
Accumulated deficit	$ 174,747				$ 174,747		$ 150,564

NOTE 3 - NOTES PAYABLE (Details

NOTE 3 - NOTES PAYABLE (Details) - USD ($)	Jan. 31, 2022	Jul. 31, 2021
Notes payable to related party	$ 21,235	$ 21,235
Accrued expenses to related party	11,667	811
Notes payable	22,528	9,000
Accrued expenses	9,412	9,613
Kirchhoff 10-16-2020
Notes payable to related party		8,100
Accrued expenses to related party	840
Vincent & Rees 10-30-2020
Notes payable		9,000
Accrued expenses	905
Kirchhoff 03-02-2021
Notes payable to related party		1,035
Accrued expenses to related party	76
Kirchhoff 03-26-2021
Notes payable to related party		2,500
Accrued expenses to related party	171
Kirchhoff 04-19-2021
Notes payable to related party		5,600
Accrued expenses to related party	353
Kirchhoff 05-18-2021
Notes payable to related party		$ 4,000
Accrued expenses to related party	227
Vincent & Rees 09-01-2021
Notes payable	9,000
Accrued expenses	302
Vincent & Rees 11-08-2021
Notes payable	960
Accrued expenses	18
Vincent & Rees 12-17-2021
Notes payable	3,568
Accrued expenses	$ 36

NOTE 4 - LICENSE AGREEMENT (Det

NOTE 4 - LICENSE AGREEMENT (Details)	3 Months Ended
	Jan. 31, 2021shares
Common Stock
Common Stock Issued For License Agreement, Related Party (shares)	26,000,000

NOTE 5 - STOCKHOLDERS' EQUITY (

NOTE 5 - STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended
	Jan. 31, 2021	Jan. 31, 2022	Jul. 31, 2021
Preferred Stock, Shares Authorized		10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share		$ 0.001	$ 0.001
Preferred Stock, Shares Issued		0	0
Preferred Stock, Shares Outstanding		0	0
Common Stock, Shares Authorized		500,000,000	500,000,000
Common Stock, Par or Stated Value Per Share		$ 0.001	$ 0.001
Stock Issued During Period, Value, Issued for Services	$ 100,000
Common Stock, Shares, Issued		37,500,000	37,500,000
Common Stock, Shares, Outstanding		37,500,000	37,500,000
Common Stock
Stock Issued During Period, Shares, New Issues	10,000,000
Common Stock Issued For License Agreement, Related Party (shares)	26,000,000
Stock Issued During Period, Shares, Issued for Services	1,500,000
Stock Issued During Period, Value, Issued for Services	$ 1,500

NOTE 6 - RELATED PARTY (Details

NOTE 6 - RELATED PARTY (Details) - USD ($)	3 Months Ended
	Jan. 31, 2021	Jan. 31, 2022	Jul. 31, 2021
Notes payable to related party		$ 21,235	$ 21,235
Common Stock
Stock Issued During Period, Shares, New Issues	10,000,000
Kirchhoff 10-16-2020
Notes payable to related party			8,100
Kirchhoff 03-02-2021
Notes payable to related party			1,035
Kirchhoff 03-26-2021
Notes payable to related party			2,500
Kirchhoff 04-19-2021
Notes payable to related party			5,600
Kirchhoff 05-18-2021
Notes payable to related party			$ 4,000