Consolidated Statements of Operations (unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Oct. 31, 2020 |
Oct. 31, 2019 |
Oct. 31, 2020 |
Oct. 31, 2019 |
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Consolidated Statements of Operations (unaudited) | ||||
Revenue from services | $ 61,918 | $ 0 | $ 61,918 | $ 0 |
Total cost of sales | 0 | 0 | 0 | 0 |
Gross income | 61,918 | 0 | 61,918 | 0 |
Selling, general, and administrative | 520 | 460 | 49,201,218 | 22,949 |
Professional fees | 25,135 | 0 | 64,723 | 5,257 |
Rent | 1,176 | 3,007 | 1,960 | 3,421 |
Consultant fees | 647,339 | 42,000 | 681,339 | 126,000 |
Total operating expenses | 674,170 | 45,467 | 49,949,240 | 157,627 |
Net loss from operations | (612,252) | (45,467) | (49,887,322) | (157,627) |
Other income (expense) | 472,683 | 0 | 481,448 | 0 |
Gain on use of cryptocurrency assets | 0 | 0 | 0 | 0 |
Net (loss) before discontinued operations | (139,569) | (45,467) | (49,405,874) | (157,627) |
Income (expense) from discontinued operations | 0 | 4,698 | 0 | 13,195 |
Net (loss) | $ (139,569) | $ (40,769) | $ (49,405,874) | $ (144,432) |
Basic and diluted (loss) per share: | ||||
Income (Loss) per share from continuing operations | $ (0.10) | $ (0.00) | $ (6.97) | $ (0.02) |
Income (Loss) per share - discontinued | $ (0.00) | $ (0.00) | $ (0.00) | $ (0.02) |
Weighted average shares outstanding - basic | 5,872,554 | 10,460,000 | 7,156,979 | 10,460,000 |
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- References No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before tax of income (loss) from operations classified as a discontinued operation. Excludes gain (loss) on disposal and provision for gain (loss) until its disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per basic and diluted share amount, after tax, of income (loss) from the day-to-day business activities of the discontinued operation and gain (loss) from the disposal of the discontinued operation, when the per share amount is the same. No definition available.
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- References No definition available.
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- Definition The amount of expense provided in the period for legal costs incurred on or before the balance sheet date pertaining to resolved, pending or threatened litigation, including arbitration and mediation proceedings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount of revenue and income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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