Annual report pursuant to Section 13 and 15(d)

Note 4 - Dividends Payable

Note 4 - Dividends Payable
12 Months Ended
Aug. 31, 2018
Dividends Payable Table [Abstract]  
Dividends Payable [Table Text Block]

Note 4 – Dividends Payable

On May 30, 2018, the Company issued 803,969.73 shares of its Series B Preferred Stock with a stated value of $0.99 per share for a total stated value of $795,930 (the “Series B Preferred Stock”). The Series B Preferred Stock accrued dividends at the rate of 10% per annum on the stated value. During the year ended August 31, 2018, the Company accrued dividends payable in the amount of $20,280 on the Series B Preferred Stock.