v3.4.0.3

NOTE 4 - CAPITAL LEASE (Details) - Schedule of Capital Leased Assets - USD ($)	Mar. 31, 2016	Jul. 31, 2015
Schedule of Capital Leased Assets [Abstract]
2016	$ 2,188
2017	8,697
2018	8,697
2019	725
2020	0
Total minimum lease payments	20,307	$ 19,337
Less: executory costs	0
Net minimum lease payments	20,307
Less: amount representing interest	4,292
Present value of net minimum payments	$ 16,015

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Amount of minimum lease payments for capital leases.

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-Publisher FASB
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-Section 50
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Amount of minimum lease payments for capital leases due in the fifth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

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Amount of minimum lease payments for capital leases due in the fourth fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

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Amount of minimum lease payments for capital leases due in the third fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

+ References

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Amount of minimum lease payments for capital leases due in the second fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

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Amounts to be paid by lessee to lessor for maintenance, insurance, and tax expenses related to the leased asset.

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Amount necessary to reduce net minimum lease payments to present value for capital leases.

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Amount of minimum lease payments for capital leases net of executory costs, which include amounts paid by the lessee to the lessor for insurance, maintenance and taxes.

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Amount of minimum lease payments for capital leases due in the remainder of the fiscal year following the latest fiscal year. Excludes interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

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