NOTE 5 - DERIVATIVE LIABILITIES	9 Months Ended
May 31, 2017
Notes
NOTE 5 - DERIVATIVE LIABILITIES	NOTE 5 – DERIVATIVE LIABILITIES In accordance with AC 815, the Company has bifurcated the conversion feature of their convertible notes and recorded a derivative liability on the date each note became convertible. The derivative liability was then revalued on each reporting date. The Company uses the Black-Scholes option pricing model to value the derivative liability. Once the loans are fully converted, the remaining derivative liability is reclassified to equity as additional paid-in capital. ASC 815 requires Company management to assess the fair market value of certain derivatives at each reporting period and recognize any change in the fair market value as another income or expense item. The Company’s only asset or liability measured at fair value on a recurring basis is its derivative liability associated with the above convertible debt. During the period ended May 31, 2017, the Company recorded a total change in the value of the derivative liabilities of $42,150. From inception to May 31, 2017 the Company has not granted any stock options.

NOTE 5 - DERIVATIVE LIABILITIES

9 Months Ended

May 31, 2017

NOTE 5 – DERIVATIVE LIABILITIES

In accordance with AC 815, the Company has bifurcated the conversion feature of their convertible notes and recorded a derivative liability on the date each note became convertible. The derivative liability was then revalued on each reporting date. The Company uses the Black-Scholes option pricing model to value the derivative liability. Once the loans are fully converted, the remaining derivative liability is reclassified to equity as additional paid-in capital.

ASC 815 requires Company management to assess the fair market value of certain derivatives at each reporting period and recognize any change in the fair market value as another income or expense item. The Company’s only asset or liability measured at fair value on a recurring basis is its derivative liability associated with the above convertible debt. During the period ended May 31, 2017, the Company recorded a total change in the value of the derivative liabilities of $42,150.

From inception to May 31, 2017 the Company has not granted any stock options.