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Nature of Organization
12 Months Ended
Jul. 31, 2013
Nature Of Organization  
Note 1 - NATURE OF ORGANIZATION

Business and Organization

 

Prime Estates and Developments, Inc. (“Prime Estates”, “The Company”, “we”, or “us”) was incorporated in the State of Nevada on July 21, 2009 for the purpose of acquiring and operating commercial real estate and real estate related assets.  On the date of its inception, the Company issued 20 million shares of its common stock to three founders which were recorded at no value (offsetting increases and decreases in Common Stock and Additional Paid in Capital).