XML 21 R10.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions
9 Months Ended
May 31, 2016
Related Party Transactions [Abstract]  
Related Party Transactions

NOTE 4 – RELATED PARTY TRANSACTIONS

 

Included in general and administrative costs were amounts accrued to its chief operating officer of $50,000 and to its chief financial officer of $43,322.

 

Included in Accounts Payable and Accrued Expenses are amounts owed to its officers and directors for salaries and benefits of $762,828.

 

Included in notes payable is an amount of $30,089 owed to the CEO for a loan. The loan is without interest and is secured by a stock issuance of 30,000,000 shares in the event of non repayment.