Notes Payable - Related Party

6 Months Ended

Feb. 28, 2018

Notes Payable - Related Party/Convertible Debenture - Related Party [Abstract]

NOTES PAYABLE - RELATED PARTY

4. NOTES PAYABLE – RELATED PARTY

On April 27, 2016, the Company issued to the Company’s CEO a 7% unsecured promissory note in the amount of $2,500 which matured six months from the date of issuance. On July 5, 2016, the Company issued to the Company’s CEO a 7% unsecured note in the amount of $3,000 which matured six months from date of issuance. On November 17, 2016, the Company repaid the principal amount of the notes, or $5,500. As of February 28. 2018, there is a remaining balance on the note of $50.

On February 14, 2017, the Company issued to Lyle Hauser, the Company’s largest shareholder, a 7% unsecured promissory note in the amount of $30,000 which matured six months from the date of issuance. As of February 28, 2018 the outstanding balance on the note is $30,000