Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS (UNAUDITED)

v3.7.0.1
STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
6 Months Ended
Feb. 28, 2017
Feb. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (955,713) $ (26,172)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 0 1,092
Change in fair value of derivative liability 266,272 0
Amortization of discount on convertible debt 368,586 1,700
Penalty on debt extension 182,614 0
Imputed interest 0 557
Changes in assets and liabilities:    
Accounts receivable 45 (1,150)
Inventory (8,751) 0
Accrued officer salary 48,000 0
Interest payable - related party 178 0
Accounts payable and accrued liabilities 75,103 0
Other payable 0 6,679
Net cash used in operating activities (23,666) (17,294)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal payments made on convertible notes (50,000) 0
Proceeds from sale of common stock 0 14,500
Proceeds from notes payable - related party 70,000 1,194
Proceeds from convertible debt - related party 0 1,700
Net cash provided by financing activities 20,000 17,394
Net increase in cash and cash equivalents (3,666) 100
Cash and cash equivalents at beginning of period 10,197 0
Cash and cash equivalents at end of period 6,531 100
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest paid 0 0
Income taxes paid 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Discount on Convertible Debt and Accrued Interest 0 1,700
Stock issued for conversion of debt 0 40,244
Stock issued for subscription receivable 0 5,372
Discount from derivative 353,606 0
Stock issued for commitment fee 68,950 0
Settlement of derivative 451,790 0
Accrued interest capitalized into principal of convertible notes $ 22,842 $ 0