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CAPITAL STRUCTURE

12 Months Ended

Jul. 31, 2012

Stockholders' Equity Note [Abstract]

Stockholders' Equity Note Disclosure [Text Block]

NOTE 4 – CAPITAL STRUCTURE

Common Stock

The Company is authorized to issue 200 million common shares and had issued 24,218,960 as of July 31, 2010 and 24,709,282 as of July 31, 2012 for a two-year increase of 490,322 shares comprised of the following equity transactions.

On April 28, 2011, we issued 80,000 shares of common stock to a consultant for services. We valued the shares at the closing price on the grant date ($0.79 per share) and charged general and administrative expenses with $63,200.

During the year ended July 31, 2011, we entered into the following private placements for cash:

Date				Price Per Share				No. of Shares				Proceeds

	10/30/10			$	0.40				56,322			$	22,529
	03/16/11				0.60				10,000				6,000
	03/18/11				0.60				100,000				60,000
	03/31/11				0.60				14,000				8,400
	04/01/11				0.60				35,000				21,000

	Totals								215,322			$	117,929

During the year ended July 31, 2012, we entered into the following private placements for cash:

Date				Price Per Share				No. of Shares				Proceeds

	10/31/11			$	0.60				23,500			$	14,100
	03/06/12				0.40				25,000				10,000

	Totals								48,500			$	24,100

On August 12, 2011, we issued 100,000 shares to a law firm for one year of legal services pertaining to our Exchange Act filings. We valued the shares at the closing price of $0.60 per share on the grant date and charged general and administrative expenses with $60,000.

On August 18, 2011, we entered into an agreement with a consulting firm to propose investment opportunities in the area of distressed residential and commercial real estate. We issued 46,500 shares of common stock, valuing them at the fair value at the grant date. We charged general and administrative expense with $27,900.

Other Equity Transactions

During the years ended July 31, 2012 and 2011, we increased Additional Paid in Capital by $3,729 and $835, respectively, by imputing interest on outstanding related-party loans.

In May, 2012, we received $6,500 in cash for 16,250 shares. As of July 31, 2012, we had not issued the shares. The $6,500 is included in “Common stock payable” on the balance sheet as of July 31, 2012.

Preferred Stock

The Company is authorized to issue 100 million shares of preferred stock which has preferential liquidation rights over common stock and is non-voting. As of July 31, 2012, no shares have been issued.

Potentially Dilutive Securities

No options, warrants or other potentially dilutive securities have been issued as of July 31, 2012.

The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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