NOTE 3 – GOING CONCERN:

The Company’s financial statements have been prepared on a going concern basis, which contemplates the realization of assets and settlement of liabilities and commitments in the normal course of business for the foreseeable future. The Company has accumulated losses aggregating $4,552,989 and $4,434,068 as of October 31, and July 31, 2022, respectively. During the three months ended October 31, 2022, the Company recorded a loss of $ 118,921, which included an inventory valuation write down of $47,356, compared to a profit for the three months ended October 31, 2021 of $144,157 which included profit of $198,204 derived from the sale of its building, plus $10,000 from debt forgiveness.

The financial statements do not include any adjustment relating to the recoverability and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

The Company is taking appropriate action to provide the necessary capital to continue its operations. These steps include, but are not limited to: 1) implementation of new business plan 2)focus on sales to minimize the need for capital at this stage; 3) raising equity financing; 4) continuous focus on reductions in cost where possible.