SUBSEQUENT EVENTS |
9 Months Ended |
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Apr. 30, 2025 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 16 - SUBSEQUENT EVENTS On May 24, 2025, the Company entered into an Assignment and Assumption Agreement with Michael Sevell and Caban Global Reach Private Equity LP ("CGRPE"), a Delaware limited partnership. Under this agreement, Mr. Sevell assigned to CGRPE the February 2021 Convertible Note previously issued by the Company (Note 9 - Related Party Convertible Debt). As of May 24, 2025 the principal amount of the February 2021 Convertible Note was $2,680,800. On May 25, 2025, the Company and CGRPE executed a Debt Exchange Agreement pursuant to which the full principal amount of the February 2021 Convertible Note was exchanged for 10,154,542 shares of common stock of the Company, at a per-share conversion price of $0.264, a 20% discount to market on the date of conversion. Mr. Sevell is a director of the Company. |