NOTE 4 - DISCONTINUED OPERATIONS - Liabilities of Discontinued Operations (Details) - USD ($)	Oct. 31, 2021	Jul. 31, 2020
Product Information [Line Items]
Accounts Payable and Accrued Liabilities, Current	$ 1,166,641	$ 1,058,606
Assets Of Discontinued Operations [Member]
Product Information [Line Items]
Accounts Receivable, after Allowance for Credit Loss	460,262	460,262
Long-term Line of Credit	289,242	289,242
Other Deferred Credits, Current	14,833	14,833
Accounts Payable and Accrued Liabilities, Current	64,663	64,663
Receivable for Recovery of Import Duties, Net	6,019	6,019
[custom:HST-0]	2,759	2,759
Discontinued Operation, Amounts of Material Contingent Liabilities Remaining	$ 837,778	$ 837,778

Amounts of material contingent liabilities, for example, but not limited to, product or environmental liabilities or litigation, that remain with the entity despite the disposal of the disposal group that is classified as a component of the entity.

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

Cannagistics Inc. 10-Q