Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
May 31, 2017
Aug. 31, 2016
CURRENT ASSETS    
Cash and equivalents $ 511,267 $ 868,532
Accounts receivable 155,995 56,438
Prepaid expenses 404,820 342,996
Other current assets 17,470 73,482
Total Current Assets 1,089,552 1,341,448
Fixed Assets, net 304,413 348,773
Deposits and Other Assets 93,183 104,613
Total Assets 1,487,148 1,794,834
CURRENT LIABILITIES    
Accounts payable 578,105 826,447
Payroll related liabilities 1,178,545 722,715
Other current liabilities 370,228 121,269
Total Current Liabilities 2,126,878 1,670,431
Stockholders' (Deficit) Equity    
Preferred stock, 50,000,000 authorized shares; $0.0001 par value; no shares issued and outstanding
Common stock, 750,000,000 authorized shares; $0.0001 par value; 26,633,175 and 26,213,800 shares issued and outstanding, respectively 2,664 2,622
Additional paid in capital 3,735,891 2,030,018
Accumulated deficit (4,378,285) (1,908,237)
Total Stockholders' (Deficit) Equity (639,730) 124,403
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY $ 1,487,148 $ 1,794,834