STOCKHOLDERS' EQUITY (DEFICIT) |
9 Months Ended |
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Apr. 30, 2026 | |
| Stockholders' Equity Attributable to Parent [Abstract] | |
| STOCKHOLDERS' EQUITY (DEFICIT) |
NOTE 8 - STOCKHOLDERS' EQUITY (DEFICIT) Common Stock The holders of common stock are entitled to receive dividends whenever funds are legally available, when and if declared by the Company's Board of Directors. As of April 30, 2026 and July 31, 2025, no cash dividend has been declared to date. Each share of common stock is entitled to one vote. Treasury Stock On November 1, 2024, the Viper Sale closed. As a result the Company sold its telecommunications assets to Viper, including 1st Point Communications LLC, and all its subsidiaries, Endstream Communications LLC, American Networks Inc., and a 10% ownership interest in Wikibuli Inc. As consideration for the Viper Sale the Company received back 2,500,000 shares of the Company's common stock which was recorded as treasury stock (Note 3 - Discontinued Operations). The treasury stock from the Viper Sale was recorded at $0.25 per share, resulting in a total value of $625,000. The Company utilizes the cost method of accounting to value treasury stock when repurchasing stock. Repurchases are reflected as reductions of stockholders' equity at cost. |
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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