Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF OPERATIONS (UNAUDITED)

v3.5.0.2
STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2016
May 31, 2015
May 31, 2016
May 31, 2015
Revenue $ 0 $ 0 $ 0 $ 0
Operating expenses:        
General and administrative 61,862 2,069 74,993 5,452
Professional fees 53,525 3,200 63,217 11,973
Impairment of assets 167,251 0 167,251 0
Depreciation 546 548 1,638 1,644
Total operating expenses 283,184 5,817 307,099 19,069
Net Operating Loss (283,184) (5,817) (307,099) (19,069)
Other income (expense):        
Interest expense (180,298) (6,092) (182,555) (18,345)
Change in fair value of derivative liability (1,001) 0 (1,001) 0
Total other expense (181,299) (6,092) (183,556) (18,345)
Loss before provision for income taxes (464,483) (11,909) (490,655) (37,414)
Provision for income taxes 0 0 0 0
Net loss $ (464,483) $ (11,909) $ (490,655) $ (37,414)
Net income (loss) per share - basic (in Dollars per share) $ (0.01) $ 0.00 $ (0.01) $ 0.00
Net income (loss) per share - diluted (in Dollars per share) $ (0.01) $ 0.00 $ (0.01) $ 0.00
Weighted average shares outstanding - basic (in Shares) 77,618,781 37,581,903 68,008,151 37,581,903
Weighted average shares outstanding - diluted (in Shares) 77,618,781 37,581,903 68,008,151 37,581,903