General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED BALANCE SHEETS (FY)

v3.19.3
CONSOLIDATED BALANCE SHEETS (FY) - USD ($)
Dec. 31, 2018
Aug. 31, 2018
Aug. 31, 2017
Current assets      
Cash and cash equivalents $ 3,946,000 $ 199,674 $ 1,442
Inventory 1,557,000 9,402 14,882
Total current assets 6,048,000 209,076 16,324
Investment in TruPet   0 0
Total Assets 6,147,000 209,076 16,324
Current liabilities      
Accounts payable and accrued liabilities 137,994 106,445 132,566
Dividends payable   20,280  
Derivative liability 0 2,317,412 312,878
Accrued officer salary   140,000 120,000
Notes payable and accrued interest - related party 1,600,000 0 233,011
Convertible notes, net of unamortized debt discounts of $752,990 and $153,234, respectively   274,214 400,743
Total Current Liabilities 9,174,000 2,858,351 1,199,198
Commitments and contingencies
Common stock, $0.001 par value, 580,000,000 shares authorized; 3,415,859, 3,064,763, and 3,008,730 shares issued and outstanding as of December 31, 2018, August 31, 2018, and August 31, 2017, respectively 12,000 3,065 3,009
Additional paid-in capital 13,642,000 3,406,146 1,927,960
Subscription receivable   0 (5,372)
Accumulated deficit (16,698,000) 6,059,291 (3,108,472)
Total stockholders' equity (deficit) (3,042,000) (2,649,275) (1,182,874)
Total Liabilities, Redeemable Preferred Stock and Stockholders' Deficit 6,147,000 209,076 16,324
Previously Reported [Member]      
Current assets      
Cash and cash equivalents 355,104    
Inventory 9,402    
Total current assets 364,506    
Investment in TruPet 2,200,000    
Total Assets 2,564,506    
Current liabilities      
Accounts payable and accrued liabilities 137,994    
Dividends payable 53,501    
Derivative liability 7,379,893    
Accrued officer salary 124,000    
Notes payable and accrued interest - related party 0    
Convertible notes, net of unamortized debt discounts of $752,990 and $153,234, respectively 0    
Total Current Liabilities 7,695,388    
Commitments and contingencies    
Common stock, $0.001 par value, 580,000,000 shares authorized; 3,415,859, 3,064,763, and 3,008,730 shares issued and outstanding as of December 31, 2018, August 31, 2018, and August 31, 2017, respectively 3,416    
Additional paid-in capital 5,335,004    
Subscription receivable 0    
Accumulated deficit (10,472,149)    
Total stockholders' equity (deficit) (5,130,882)    
Total Liabilities, Redeemable Preferred Stock and Stockholders' Deficit 2,564,506    
Series A Preferred Stock [Member]      
Current liabilities      
Preferred stock 2,000 1 1
Total stockholders' equity (deficit) 2,391 1 1
Series A Preferred Stock [Member] | Previously Reported [Member]      
Current liabilities      
Preferred stock 1    
Total stockholders' equity (deficit) 1    
Series B Preferred Stock [Member]      
Current liabilities      
Dividends payable   20,280  
Preferred stock   804 0
Total stockholders' equity (deficit)   804  
Series B Preferred Stock [Member] | Previously Reported [Member]      
Current liabilities      
Preferred stock 0    
Total stockholders' equity (deficit) 0    
Series E Preferred Stock [Member]      
Current liabilities      
Dividends payable 53,501    
Preferred stock   $ 0 $ 0
Series E Preferred Stock [Member] | Previously Reported [Member]      
Current liabilities      
Preferred stock 2,846    
Total stockholders' equity (deficit) $ 2,846