NOTE 5 - ADVANCE PAYMENTS AND PREPAID EXPENSES

9 Months Ended

Jul. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

NOTE 5 - ADVANCE PAYMENTS AND PREPAID EXPENSES

NOTE 5 - ADVANCE PAYMENTS AND PREPAID EXPENSES

Advance payments are comprised of the payments for the undelivered products and other deliverables. As of July 31, 2024 and October 31, 2023, the Company had advance payments and other prepaid expenses of $5,643,594 and $5,122,849, respectively. Details of the advance payments as of July 31, 2024 and October 31, 2023 are as follows:

		July 31, 2024		October 31, 2023
Purchase of cryptocurrency miners fromWeb3 Computing Corporation	$	5,036,736	$	4,932,546
Purchase of products from G-Force, Inc.		198,872		-
Purchase of products from I’rom Group Co., Ltd		83,994		-
Purchase of products from ROGYX Co., Ltd		67,002		-
Purchase of products from Sankyu Co., Ltd		28,229		28,782
Purchase of consulting services from IBC Consulting Co., Ltd		-		8,829
Other advances and prepaid expenses		107,585		152,692
Totals	$	5,522,418	$	5,122,849

World Scan Project, Inc. 10-Q/A