Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Feb. 28, 2018
Aug. 31, 2017
Current Assets    
Cash and cash equivalents $ 904,421 $ 5,896,705
Accounts receivable 191,910 428,790
Prepaid expenses 2,780,159 2,687,188
Other current assets 33,279 15,916
Total Current Assets 3,909,769 9,028,599
Fixed Assets, net 1,061,901 288,065
Deposits and Other Assets 158,415 126,480
Total Assets 5,130,085 9,443,144
Current Liabilities    
Accounts payable 1,359,927 1,160,474
Payroll related liabilities 3,329,263 2,388,454
Other current liabilities 688,311 278,982
Total Current Liabilities 5,377,501 3,827,910
Commitments and Contingencies
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; 28,800,676 and 28,762,424 shares issued and outstanding, respectively 2,881 2,877
Additional paid-in capital 15,210,030 15,012,584
Accumulated deficit (15,460,327) (9,400,227)
Total Stockholders'(Deficit) Equity (247,416) 5,615,234
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,130,085 $ 9,443,144