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SUBSEQUENT EVENTS
6 Months Ended
Apr. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 14: SUBSEQUENT EVENTS

 

In preparing these condensed consolidated financial statements, management has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued. Such events or transactions are described below as of the date these unaudited condensed consolidated financial statements were issued.

 

The following subsequent events occurred after April 30, 2026, and prior to the filing of this Quarterly Report on Form 10-Q. 

 

Private Placement Memorandum

 

Between May 1st and May 11th, 2026, the Company raised any additional $284,800 in proceeds in exchange for 149,409 shares of common stock in connection with the April 2026 Private Placement Memorandum.

 

Series A Convertible Preferred Stock

 

On May 8, 2026, the Company raised $175,000 through the sale of Series A Convertible Preferred Stock.

 

Series B Convertible Preferred Stock

 

On May 29, 2026, the Company raised $175,000 through the sale of Series B Convertible Preferred Stock.

 

Convertible Note Payable Amendment 

 

The Company has a convertible note payable agreement for $250,000 dated July 31, 2024. This note was considered in default as of April 30, 2025. On June 13, 2026, the Company executed an agreement whereby the holder agreed not to pursue any default provisions in exchange for a payment plan and stock consideration. Upon execution of the agreement, the Company is obligated to pay the holder $20,000 and will pay monthly installments of $15,000 beginning July 15, 2026. Additionally, the Company agrees to issue 33, 000 shares of common stock to the holder.