Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS (UNAUDITED)

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STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
 9 Months Ended
May 31, 2016
May 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (490,655) $ (37,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,638 1,644
Impairment of assets 167,251 0
Inducement shares 112,841 0
Change in fair value of derivative liability 1,001 0
Amortization of discount on convertible debt 48,878 16,918
Amortization of discount on accrued interest 2,383 0
Imputed interest 670 1,427
Changes in assets and liabilities:    
Accounts payable 7,624 507
Accrued liabilities 31,257 0
Net cash used operating activities (117,112) (16,918)
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 officer loans 12,626 0
Repayment of officer loans (12,626) 0
Proceeds from convertible debt 441,700 16,918
Net cash provided by financing activities 456,200 16,918
Net increase in cash and cash equivalents 89,088 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 89,088 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 40,243 0
Common stock issued for discount 247,159 0
Common stock issued for subscription receivable 5,372 0
Discount on beneficial conversion feature 0 16,918
Discount on convertible accrued interest 4,083 0
Discount related to derivative liability $ 192,841 $ 0