CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)	6 Months Ended
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)	Jan. 31, 2020 USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,543,699)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation and professional fees	358,500
Stock-based conversion fees	1,000
Amortization of prepaid stock-based expenses	2,895,236
Accretion of premium on convertible note	147,688
Amortization expense of debt discount	26,662
Gain on debt extinguishment	(453)
(Gain) loss from change in fair value of conversion option liability	(229,996)
Changes in operating assets and liabilities:
Accounts receivable - related party	(10,141)
Prepaid expenses	(27,250)
Accounts payable	(44,318)
Accounts payable - related parties	(54,462)
Accrued interest	17,486
Accrued expenses	(122,288)
Net cash used in operating activities	(586,035)
CASH FLOWS FROM INVESTING ACTIVITIES:
Advances to related party	(211,755)
Collection of related party advances	152,947
Proceeds from acquisition of a subsidiary	47,823
Net cash provided by investing activities	(10,985)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of convertible debt, net of issuance cost	299,917
Proceeds from sale of Series B preferred stock	223,119
Collection of subscription receivable	8,857
Net cash provided by financing activities	531,893
Net increase (decrease) in cash	(65,127)
Cash - beginning of year	66,112
Cash - end of year	985
Cash paid for:
Interest
Income taxes
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for future services	2,030,927
Common stock issued for principal amount and accrued interest on convertible debt	59,615
Reclassification of put premium to additional paid in capital	21,099
Acquisition of assets in connection with the reverse acquisition	7,000
Assumption of liabilities in connection with the reverse acquisition	73,448
Assumption of convertible debt in connection with the reverse acquisition, net of debt discount	76,301
Assumption of derivative liabilities in connection with the reverse acquisition	516,636
Cancellation of related party liability upon the reverse acquisition	$ 26,100

GH Capital Inc. 10-Q