v3.19.1

BALANCE SHEETS - USD ($)	Apr. 30, 2017	Jul. 31, 2016
Current assets
Cash		$ 4,333
Prepaid expenses	$ 5,833	2,500
Total current assets	5,833	6,833
Other assets
Advances to All Screen Media	911,500	675,000
ECA License & Intellectual Properties	189,913	189,913
Total other assets	1,101,413	864,913
TOTAL ASSETS	1,107,246	871,746
Current liabilities
Accounts payable	266,555	262,055
Cash overdraft	2,324
Deferred revenues	3,529
Due to related parties	720,206	658,791
Total current liabilities	992,614	920,846
Long-term liabilities
Convertible promissory notes and loans payable, net	2,122,033	1,747,757
Total long-term liabilities	2,122,033	1,747,757
Total liabilities	3,114,647	2,668,603
Stockholders equity
Common stock value	43,075	43,075
Additional paid-in capital	3,238,848	2,709,247
Deficit accumulated	(5,289,324)	(4,549,179)
Total stockholders' equity	(2,007,401)	(1,796,857)
Total liabilities and stockholders' equity	$ 1,107,246	$ 871,746

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

MeeMee Media Inc. 10-Q