v2.4.1.9

Condensed Balance Sheets (Current Period Unaudited) (USD $)	Jan. 31, 2015	Jul. 31, 2014
Current assets
Cash and cash equivalents	$ 2,122,360us-gaap_Cash	$ 16,224us-gaap_Cash
Accounts receivable, net of allowance for bad debts $0	145,000us-gaap_AccountsReceivableNetCurrent
Prepaid infrastructure expense	86,667
Prepaid expenses	2,700us-gaap_PrepaidExpenseCurrent	4,768us-gaap_PrepaidExpenseCurrent
Total assets	2,356,727us-gaap_Assets	20,992us-gaap_Assets
Current liabilities
Accounts payable	22,679us-gaap_AccountsPayableCurrent	450us-gaap_AccountsPayableCurrent
Loan payable to related party		4,346us-gaap_DueToRelatedPartiesCurrent
Total liabilities	22,679us-gaap_Liabilities	4,796us-gaap_Liabilities
Commitments and Contingencies
Stockholders' equity
Preferred stock, $0.001 par value; 200,000,000 shares authorized, none issued and outstanding	0us-gaap_PreferredStockValue	0us-gaap_PreferredStockValue
Common stock, $0.001 par value; 3,000,000,000 shares authorized, 94,157,400 and 5,950,000 shares issued and outstanding at January 31, 2015 and July 31, 2014, respectively	94,157us-gaap_CommonStockValue	5,950us-gaap_CommonStockValue
Additional paid-in capital	2,789,693	105,925
Subscriptions received	(451,500)us-gaap_CommonStockSharesSubscriptions
Accumulated deficit	(98,301)	(95,679)
Total stockholders' equity	2,334,048us-gaap_StockholdersEquity	16,196us-gaap_StockholdersEquity
Total liabilities and stockholders' equity	$ 2,356,727	$ 20,992

Amount of unamortized prepaid infrastructure expense.

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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).

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Clone Algo Technologies Inc. 10-Q