Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

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BALANCE SHEETS - USD ($)
Aug. 31, 2017
Aug. 31, 2016
Current assets    
Cash and cash equivalents $ 1,442 $ 10,197
Accounts receivable 0 45
Inventory 14,882 6,398
Equipment, net of accumulated depreciation 0 0
Total Assets 16,324 16,640
Total current assets 16,324 16,640
Current liabilities    
Accounts payable and accrued liabilities 132,566 44,746
Derivative liability 312,878 254,952
Accrued officer salary 120,000 24,000
Notes payable and accrued interest - related party 233,011 0
Convertible notes, net of unamortized debt discounts of $153,234 and $172,735 400,743 267,265
Total current liabilities 1,199,198 590,963
Commitments and contingencies
Stockholders’ equity (deficit)    
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 1,000 shares issued and outstanding as of August 31, 2017 and August 31, 2016 1 1
Common stock, $0.001 par value, 580,000,000 shares authorized 78,226,969 shares issued and outstanding as of August 31, 2017 and 77,775,303 at August 31, 2016 78,226 77,775
Additional paid-in capital 1,852,743 718,487
Subscription receivable (5,372) (5,372)
Accumulated deficit (3,108,472) (1,365,214)
Total stockholders’ equity (deficit) (1,182,874) (574,323)
Total liabilities and stockholders’ equity (deficit) $ 16,324 $ 16,640