XML 14 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Feb. 28, 2018
Feb. 28, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) from continuing operations $ (95,899) $ 55,564
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Consulting fees paid in stock 20,000  
Amortization of intangible asset 61,912 10,000
Gain on sales of intangible assets (57,200)  
Changes in operating assets and liabilities:    
Accounts receivable 38,400 (40,536)
Prepaid expenses (70,000) 18,333
Accounts payable and accrued liabilities (136,398) (77,073)
Accrued payroll (2,500)  
Change in Assets (Liabilities) from discontinued operations   587
Net cash used in operating activities (241,685) (33,125)
CASH FLOWS FROM INVESTING ACTIVITIES    
Sales of intangible asset 253,000  
Net cash provided by investing activities 253,000  
CASH FLOWS FROM FINANCING ACTIVITIES    
Due to shareholder 74 (1,184)
Net cash provided by financing activities 74 (1,184)
Net increase (decrease) in cash and cash equivalents 11,389 (34,309)
Cash and cash equivalents - beginning of period 147,164 166,826
Cash and cash equivalents - end of period 158,553 132,517
Supplemental Cash Flow Disclosures    
Cash paid for interest 0 0
Cash paid for income taxes 0 $ 0
Non-Cash Investing and Financing Activity:    
Issuance of common stock for services $ 180,000