Related Party Transactions

3 Months Ended

Nov. 30, 2016

Related Party Transactions [Abstract]

Related Party Transactions

NOTE 4 – RELATED PARTY TRANSACTIONS

During the year ended August 31, 2015, we received $10,000 from a shareholder advance which is unsecured, non-interest bearing, and due on demand. As of November 30, 2016, $10,000 remains outstanding.

As of November 30, 2016 and August 31, 2016, the Company has a loan from officer of $213,363 and $153,011, respectively, which accrues 2% interest (4% if in default), unsecured, and due on demand.

As of November 30, 2016 and August 31, 2016, there is related party accounts payable and accrued expense of $383,974 related to consulting services.

On October 25, 2016 the Company received $150,000 from a note payable with a related party due on November 1, 2017, accrues 10% interest, and unsecured. The Company agreed to issue 250,000 common shares to the note holder as additional consideration with a fair value of $75,620 and recorded in stock payable as of November 30, 2016 as the shares have not been issued. The balance of the note payable-related party is $150,000 as of November 30, 2016.