Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (933,761) $ (49,669)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 2,190 2,190
Intangible asset impairment loss 248,951 0
Commitment fee share expense 128,241 0
Change in fair value of derivative liability 62,111 0
Amortization of discount on convertible debt 268,965 22,876
Imputed interest 670 2,139
Changes in assets and liabilities:    
Accounts receivable (45) 0
Inventory (5,349) 0
Accounts payable and accrued liabilities 47,424 (411)
Net cash used in operating activities (180,603) (22,875)
CASH FLOWS FROM INVESTING ACTIVITIES    
Payments to acquire assets (250,000) 0
Net cash used in investing activities (250,000) 0
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from sale of common stock 14,500 0
Proceeds from notes payable - related party 12,626 0
Repayments of notes payable - related party (12,626) 0
Proceeds from convertible debt - related party 1,700 22,875
Proceeds from convertible debt 424,600 0
Net cash provided by financing activities 440,800 22,875
Net increase in cash and cash equivalents 10,197 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 10,197 0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Common stock issued for conversion of notes payable - related party 40,243 0
Common stock issued as discount on convertible notes 231,760 0
Discount on Convertible Debt and Accrued Interest 1,700 22,875
Discount due to derivative 192,841 0
Stock issued for subscription receivable $ 5,372 $ 0