Income Tax (Tables)

12 Months Ended

Aug. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Provision for Refundable Federal Income Tax

The provision for refundable federal income tax consists of the following for the years ending:

	For the Years Ended
	August 31,
	2017			2016
Tax expense (benefit) at the statutory rate
Federal	$	(7,907,000	)	$	(1,254,000	)
Change in valuation allowance		7,907,000			1,254,000
Total	$	-		$	-

Schedule of Deferred Tax Asset

The cumulative tax effect at the expected rate of 34% of significant items comprising our net deferred tax amount is as follows:

	August 31,
	2017			2016
Deferred tax assets:
Net operating loss carryforward	$	10,332,000		$	2,425,000
Less: Deferred tax asset valuation allowance		(10,332,000	)		(2,425,000	)
Total net deferred taxes	$	-		$	-