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Equity
3 Months Ended
Nov. 30, 2021
Equity  
Note 4 - Equity

Note 4 – Equity

 

As of November 30, 2021 and August 31, 2021, the Company has authorized 50,000,000 shares of common stock at a par value of $0.001 per share and had issued and outstanding shares of common stock of 35,074,605 and 34,874,605, respectively.

 

Shares issued

 

During the three months ended November 30, 2021, the Company issued 200,000 shares of its common stock sold at a price of $0.50 per share which was previously sold and reflected as common stock to be issued as of August 31, 2021.

 

As of November 30, 2021 and August 31, 2021, the Company had not issued 320,000 and 520,000, respectively, of shares previously sold and as such, $80,000 and $180,000, respectively, was reflected in the accompanying consolidated balance sheet as common stock to be issued.