Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (234,889) $ (29,690)
Amortization of debt discount 600  
Stock based compensation 3,332  
Changes in operating assets and liabilities:    
Prepaid expenses (1,500)  
Accounts payable and accrued liabilities 15,636 11,201
Net cash used in operating activities (216,821) (18,489)
CASH FLOWS FROM FINANCING ACTIVITIES    
Collection from stock issued for cash 772,681  
Collection from share subscription receivable   600
Advance from shareholder 24,585 4,450
Repayment to shareholder (11,317)  
Proceeds from issuance of note payable 29,400  
Repayment of note payable (30,000)  
Net cash provided by financing activities 785,349 5,050
Effects on changes in foreign exchange rate 657  
Net increase (decrease) in cash and cash equivalents 569,185 (13,439)
Cash and cash equivalents - beginning of period 3,590 17,029
Cash and cash equivalents - end of period 572,775 3,590
Supplemental Cash Flow    
Cash paid for interest 1,500  
Cash paid for income taxes 0 $ 0
Non-cash financing and investing activities:    
Loan forgiven by previous shareholder $ 16,856