NOTE PAYABLE, RELATED PARTY	9 Months Ended
Apr. 30, 2025
Note Payable Related Party
NOTE PAYABLE, RELATED PARTY	NOTE 5 - NOTE PAYABLE, RELATED PARTY On June 12, 2023, we issued a Promissory Note to Platinum Equity Advisors, LLC, a related party (the “Platinum Note 1”), in the principal amount of $372,069. The Platinum Note was unsecured and beared interest at 10% per annum. The principal amount of the note plus accrued interest of $18,604 was due in a single lump sum payment on December 12, 2023. We incurred no issuance cost on the transaction and the proceeds were used to retire debt. On December 12, 2023, we issued a new promissory note to Platinum Equity Advisors, LLC in the principal amount of $390,673 (the “Platinum Note 2”) as full payment of the Platinum Note 1 principal and accrued interest due on such date. The Platinum Note 2 was unsecured and beared interest at 10% per annum. The principal amount of the note plus accrued interest of $19,534 was due in a single lump sum payment on June 12, 2024. We incurred no issuance cost on the transaction. On June 12, 2024, we issued a Promissory Note to Platinum Equity Advisors, LLC, a related party (the “Platinum Note 3”), in the principal amount of $410,207. The Platinum Note 3 was unsecured and beared interest at 10% per annum. The principal amount of the note plus accrued interest of $20,510 was due in a single lump sum payment on December 12, 2024. We incurred no issuance cost on the transaction. On December 31, 2024, we issued a new promissory note to Platinum Equity Advisors, LLC in the principal amount of $373,957 (the “Platinum Note 4”) as full payment of the Platinum Note 3 principal and accrued interest due. The Platinum Note 4 is unsecured and bears interest at 10% per annum. The principal amount of the note plus accrued interest of $37,396 is due in a single lump sum payment on December 31, 2025. We incurred $55,945 of issuance cost on the transaction. Platinum Equity Advisors, LLC is a related party and is our largest shareholder and is owed 100% by the spouse of our CEO and Charman of our Board of Directors. At April 30, 2025, all amounts owed under Platinum Note 4 were repaid. The Company recognized a loss of $51,283 for the unamortized issuance costs in Gain (loss) on extinguishment of debt on the interim consolidated financial statements.

NOTE PAYABLE, RELATED PARTY

9 Months Ended

Apr. 30, 2025

NOTE 5 - NOTE PAYABLE, RELATED PARTY

On June 12, 2023, we issued a Promissory Note to Platinum Equity Advisors, LLC, a related party (the “Platinum Note 1”), in the principal amount of $372,069. The Platinum Note was unsecured and beared interest at 10% per annum. The principal amount of the note plus accrued interest of $18,604 was due in a single lump sum payment on December 12, 2023. We incurred no issuance cost on the transaction and the proceeds were used to retire debt.

On December 12, 2023, we issued a new promissory note to Platinum Equity Advisors, LLC in the principal amount of $390,673 (the “Platinum Note 2”) as full payment of the Platinum Note 1 principal and accrued interest due on such date. The Platinum Note 2 was unsecured and beared interest at 10% per annum. The principal amount of the note plus accrued interest of $19,534 was due in a single lump sum payment on June 12, 2024. We incurred no issuance cost on the transaction.

On June 12, 2024, we issued a Promissory Note to Platinum Equity Advisors, LLC, a related party (the “Platinum Note 3”), in the principal amount of $410,207. The Platinum Note 3 was unsecured and beared interest at 10% per annum. The principal amount of the note plus accrued interest of $20,510 was due in a single lump sum payment on December 12, 2024. We incurred no issuance cost on the transaction.

On December 31, 2024, we issued a new promissory note to Platinum Equity Advisors, LLC in the principal amount of $373,957 (the “Platinum Note 4”) as full payment of the Platinum Note 3 principal and accrued interest due. The Platinum Note 4 is unsecured and bears interest at 10% per annum. The principal amount of the note plus accrued interest of $37,396 is due in a single lump sum payment on December 31, 2025. We incurred $55,945 of issuance cost on the transaction.

Platinum Equity Advisors, LLC is a related party and is our largest shareholder and is owed 100% by the spouse of our CEO and Charman of our Board of Directors.

At April 30, 2025, all amounts owed under Platinum Note 4 were repaid. The Company recognized a loss of $51,283 for the unamortized issuance costs in Gain (loss) on extinguishment of debt on the interim consolidated financial statements.