NOTE 5 - EQUITY

8 Months Ended

May 31, 2014

Equity [Abstract]

NOTE 5 - EQUITY

NOTE 5-EQUITY

On September 17, 2012 the Company effectuated a 1 to 130 reverse stock split. The financials have been adjusted to reflect this reverse for all periods presented.

During the year ended August 31, 2013 the Company issued 95,760,156 shares of stock. Of this amount 12,359,845 shares were for cash of $532,000 and 83,400,311 for services with a total value of $32,563,529.

Of this amount, 12,000,000 was issued to the founder and valued at par. The remainder was issued at the market price on the date of issuance which was .25 per share to .50 per share. The Company by board resolution has agreed to issue and additional 200,000 shares for services valued at the market price of .4941 or $98,820. This amount is shown in the equity section under common stock to be issued.

During the quarter ended November 30, 2013, the Company issued 10,200,000 shares of stock on October 10, 2013 valued at market which was .115 per share for marketing services.

On May 5, 2014, the Company rescinded shares of 488,638 for non performance of services. These shares were valued at market at .20 which resulted in a resulted in a reduction to stock for services of $97,728.

Also in May 2014 the Company rescinded share agreements which resulted in $98,820 of shares to be issued to be cancelled.

During the three months ended May 31, 2014 the Company received $55,000 for shares to be issued on subscription agreements. The Company will issue approximately 1,666,667 shares.

The Company as part and parcel of the stock issued for cash attached 1 warrant for each stock issuance. The warrant has a strike price of .70 and is exercisable anytime within 5 years of September 2012.