XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Feb. 28, 2018
Feb. 28, 2017
Operating expenses:        
Selling, general and administrative expenses $ 1,604,256 $ 5,812 $ 2,539,001 $ 14,264
Payroll expense 1,743 21,123 21,114 45,686
Professional fees 27,677 5,000 51,640 13,613
Consulting 22,415 77,000
Promotion 20,365 20,365
Brand development 10,000 10,000
Formula development 7,500 7,500
Impairment of intellectual property 1,248 1,248
Amortization expense 796 33 1,632 66
Total operating expenses 1,677,252 50,716 2,710,752 92,377
Loss from operations (1,677,252) (50,716) (2,710,752) (92,377)
Other expense        
Interest expense (50,222) (2,104) (186,670) (2,944)
Total other expense (50,222) (2,104) (186,670) (2,944)
Loss before income tax (1,727,474) (52,820) (2,897,422) (95,321)
Provision for income tax
Net Loss $ (1,727,474) $ (52,820) $ (2,897,422) $ (95,321)
Net loss per common share: basic and diluted $ (0.05) $ (0.02) $ (0.09) $ (0.03)
Weighted average common shares outstanding basic and diluted 32,540,490 2,923,907 30,550,613 2,923,907