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Discontinued Operations (Tables) | 12 Months Ended
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Jan. 31, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Future Payments on Notes |
FISCAL YEAR |  |  |
2021 |  |  | 91,667 |
2022 |  |  | 550,000 |
2023 |  |  | 550,000 |
2024 |  |  | 550,000 |
2025 |  |  | 550,000 |
Thereafter |  |  | 458,333 |
|  | $ | 2,750,000 |
Impairment |  |  | (825,000 | )
|  | $ | 1,925,000 |
Schedule of Discontinued Operations | The following tables list the assets and liabilities of discontinued operations for the fiscal year ended January 31, 2019 and the discontinued operations for fiscal year ended January 31, 2019. DISCONTINUED OPERATIONS
|  | JANUARY 31, 2019 |
ASSETS |  |  |  |
Current Assets: |  |  |  |
Cash and Cash Equivalents |  | $ | 305,835 |
Accounts Receivable |  |  | 2,750,932 |
Prepaid Expenses and Other Current Assets |  |  | 13,680 |
Current Portion of Notes Receivable |  |  |  |
Total Current Assets of Discontinued Operations |  |  | 3,070,447 |
Noncurrent assets of Discontinued Operations |  |  |  |
Property, Plant and Equipment, net |  |  | - |
TOTAL ASSETS OF DISCONTINUED OPERATIONS |  | $ | 3,070,447 |
LIABILITIES |  |  |  |
LIABILITIES |  |  |  |
Current Liabilities: |  |  |  |
Accounts Payable and Accrued Expenses |  | $ | 546,803 |
Current Portion of Notes Payable to Banks, net of Discount |  |  | - |
Total Current Liabilities of Discontinued Operations |  |  | 546,803 |
Noncurrent Liabilities of Discontinued Operations |  |  |  |
Mortgage Notes Payable, net of Discount |  |  | - |
Notes Payable to Banks, net of Discount |  |  | - |
TOTAL LIABILITIES OF DISCONTINUED OPERATIONS |  | $ | 546,803 |
|  | FOR THE YEAR ENDED |
|  | JANUARY 31, |
|  | 2019 |
REVENUE |  |  |  |
Room |  | $ | 3,225,783 |
Food and Beverage |  |  | 27,569 |
Reservation and Convention |  |  | 173,399 |
Other |  |  | 41,057 |
TOTAL REVENUE |  |  | 3,467,808 |
OPERATING EXPENSES |  |  |  |
Room |  |  | 1,261,875 |
Food and Beverage |  |  | 35,592 |
Telecommunications |  |  | 21,803 |
General and Administrative |  |  | 766,475 |
Sales and Marketing |  |  | 469,457 |
Reservation Acquisition Costs |  |  | 142,842 |
Repairs and Maintenance |  |  | 185,148 |
Hospitality |  |  | 167,874 |
Utilities |  |  | 160,641 |
Depreciation |  |  | 393,581 |
Intangible Amortization |  |  | - |
Real Estate and Personal Property Taxes, Insurance and Ground Rent |  |  | 88,344 |
Other |  |  | - |
TOTAL OPERATING EXPENSES |  |  | 3,693,632 |
OPERATING LOSS |  |  | (225,824 | )
Interest Income |  |  | - |
TOTAL OTHER INCOME |  |  | - |
Interest on Mortgage Notes Payable |  |  | 214,811 |
Interest on Notes Payable to Banks |  |  | 41,390 |
Interest on Other Notes Payable |  |  | - |
TOTAL INTEREST EXPENSE |  |  | 256,201 |
CONSOLIDATED NET LOSS OF DISCONTINUED OPERATIONS |  | $ | (482,025 | )

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