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Consolidated Statements of Cash Flow (Unaudited) - USD ($)
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ (239,853) $ (237,268)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 0 430
(Gain) Loss on change in fair value of derivative liability 0 173,154
Impairment expense 17,598 0
Gain on extinguishment of debt (143,956) 0
Realized income on investment 0 (2,087)
Changes in operating assets and liabilities:    
Accounts receivable 0 (3,080)
Inventory 0 1,000
Prepaid expenses (1,450) 4,945
Notes receivable 0 28,820
Accounts payable (22,745) 45,529
Accrued expenses 101,242 0
Related party payable (64,600) 226
Net cash provided by (used in) operating activities (353,764) 11,669
Cash flows from investing activities:    
Cash paid for asset purchase (350,000) 0
Notes receivable investment (500,000) 0
Net cash used in investing activities (850,000) 0
Cash flows from financing activities    
Proceeds form series B-1 preferred stock purchase agreements 4,000,000 0
Net cash provided by financing activities 4,000,000 0
Net increase (decrease) in cash 2,796,236 11,669
Cash - beginning of the year 137,476 17,881
Cash - end of the year 2,933,712 29,550
Supplemental disclosures:    
Interest paid 0 0
Income taxes 0 0
Non-cash transactions:    
Preferred stock dividends accrued 136,887 12,575
Common Stock issued for asset purchase $ 40,654,827 $ 0