Note 9 - Stockholders' Equity |
3 Months Ended |
|---|---|
Nov. 30, 2017 | |
| Stockholders' Equity Note [Abstract] | |
| Stockholders' Equity Note Disclosure [Text Block] |
Note 9 – Stockholders’ Equity
Preferred stock
The Company is authorized to issue 20,000,000 shares of $0.001 par value preferred stock as of November 30, 2017 and August 31, 2017. The Company has 1,000 shares of preferred stock issued and outstanding as of November 30, 2017 and August 31, 2017.
Common stock
The Company is authorized to issue 580,000,000 shares of $0.001 par value common stock as of November 30, 2017 and August 31, 2017. The Company has 78,685,302 and 78,226,969 shares of common stock issued and outstanding as of November 30, 2017 and August 31, 2017.
Three Months Ended November 30, 2017 and 2016
There were no shares issued during the three months ended November 30, 2016.
On September 28, 2017, the Company issued 208,333 shares of common stock, for the conversion of $16,347 of principal and $8,653 of accrued interest of convertible notes payable.
On November 16, 2017, the Company issued 250,000 shares of common stock, for the conversion of $17,518 of principal and $12,482 of accrued interest of convertible notes payable.
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