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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (329,537) $ (176,601)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 558 1,751
Change in fair value of derivative liability (72,173) (14,084)
Gain on extinguishment of debt 0 (192,977)
Changes in operating assets and liabilities:    
Accounts receivable 3,532 16,355
Provision for bad debt 0 1,294
Accounts payable and accrued expenses 78,441 (4,965)
Accrued interest 103,456 106,736
Accrued compensation (12,300) 102,000
NET CASH USED IN OPERATING ACTIVITIES (228,023) (160,491)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of equipment 0 (521)
NET CASH USED IN INVESTING ACTIVITIES 0 (521)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from loan payable 228,168 217,843
Officer loans payable (1,214) (59,268)
NET CASH PROVIDED BY FINANCING ACTIVITIES 226,954 158,575
HELD IN FOREIGN CURRENCY 17,071 584
NET INCREASE/(DECREASE) IN CASH 16,002 (1,853)
CASH - BEGINNING OF PERIOD 34,461 17,563
CASH - END OF PERIOD 50,463 15,710
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Non-cash investing and financing activities:    
Common Stock issued in connection with debt $ 0 $ 0