Lord Global Corp
CIK:0001569568|SEC Filings
Consolidated Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Apr. 30, 2020 |
Apr. 30, 2019 |
Apr. 30, 2020 |
Apr. 30, 2019 |
|
| Income Statement [Abstract] | ||||
| Revenue | $ 1,228 | $ 619 | $ 1,628 | |
| Operating expenses: | ||||
| Professional fees | 17,272 | 52,549 | 108,192 | 201,787 |
| Expedition expenses | 1,803 | 407 | 27,815 | |
| General and administrative | 49,953 | 1,222 | 1,136,198 | 19,834 |
| Total operating expenses | 67,225 | 55,974 | 1,244,797 | 249,436 |
| Net loss from operations | (67,225) | (54,746) | (1,244,178) | (247,808) |
| Other gain (loss) | ||||
| Gain (loss) on settlement | 332,592 | 262,592 | 15,042 | |
| Derivative gain (loss) | (40,657) | 18,578 | 151,196 | |
| Loss on asset impairment | (280,100) | (280,100) | ||
| Interest expense | (7,111) | (113,786) | (56,902) | (258,741) |
| Total Other Income (Expense) | 45,381 | (154,443) | (55,832) | (92,503) |
| Net Loss | $ (21,844) | $ (209,189) | $ (1,300,010) | $ (340,311) |
| Basic and diluted loss per shares | $ (0.04) | $ (5.16) | $ (26.95) | $ (11.71) |
| Weighted average shares outstanding | 554,336 | 40,540 | 48,223 | 29,066 |