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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (701,650) $ (655,786)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 558 45
Change in fair value of derivative liability (9,170) 944
Bad debt expense 0 (1,465)
Gain on extinguishment of debt (169,837) (57,802)
Changes in operating assets and liabilities:    
Accounts receivable (386) 48,176
Accounts payable and accrued expenses 214,790 39,388
Accrued interest 225,773 182,500
Accrued compensation 3,200 168,397
NET CASH USED IN OPERATING ACTIVITIES (436,722) (275,603)
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 398,497 347,728
Officer loans payable 12,240 (67,090)
NET CASH PROVIDED BY FINANCING ACTIVITIES 410,737 280,638
HELD IN FOREIGN CURRENCY 1,311 12,384
NET INCREASE/(DECREASE) IN CASH (24,674) 16,898
CASH - BEGINNING OF YEAR 34,461 17,563
CASH - END OF YEAR 9,787 34,461
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 0
Cash paid for taxes 0 0
Noncash financing and investing activities:    
Reclassification of liability contracts $ 258,146 $ 0