10-K/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 10-K /A

Amendment No. 1

x ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

For the fiscal year ended August 31, 2013

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934

For the transition period from __________, 20__, to __________, 20__

Commission File Number

333-166064

OBJ Enterprises, Inc.

(formerly Obscene Jeans Corp.)

(Exact Name of Registrant as Specified in its Charter)

Florida	27-1070374
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification Number)

677 N. Washington Blvd. Sarasota, Florida 34236

(Address of Principal Executive Offices)

(941) 952-5825

(Registrant’s Telephone Number, Including Area Code)

Securities registered pursuant to Section 12(g) of the Act:     $.0001 par value common stock

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes  o   No  x

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes  o   No  x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  x   No  o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405) during the preceding 12 months.  Yes  x   No  o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.   x

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer   o	Accelerated filer   o
Non-accelerated filer   o (Do not check if a smaller reporting company)	Smaller reporting company   x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act):  Yes  o   No  x

The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter, February 28, 2013 was $2,205,188.

There were 16,434,339 shares of the Registrant’s $0.0001 par value common stock outstanding as of December 10, 2013.

EXPLANATORY NOTE

The purpose of this Amendment No. 1 to our Annual Report on Form 10-K for the period ended August 31, 2013 (“Form 10-K”) is to submit Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T.  Exhibit 101 consists of the Interactive Data Files relating to our Form 10-K for the period ended August 31, 2013, filed with the Securities and Exchange Commission on December 17, 2013.

Part IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

Regulation Number	Exhibit
3.1	Articles of Incorporation (1)
3.2	Bylaws (1)
10.1	Joint Venture Agreement with Source Street, LLC (2)
31.1	Rule 13a-14(a) Certification of Chief Executive Officer (3)
32.1	Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Chief Executive Officer and Chief Financial Officer (3)
101	XBRL Interactive Data Files (4)

______________

(1)   Incorporated by reference to Form S-1 filed with the Securities and Exchange Commission on April 14, 2010.

(2)   Incorporated by reference to Form 8-K filed with the Securities and Exchange Commission on May 9, 2012.

(3)    Previously submitted.

(4)   In accordance with Regulation S-T, the Interactive Data Files in Exhibit 101 to the Annual Report on Form 10-K shall be deemed “furnished” and not “filed”.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	OBJ ENTERPRISES, INC.
Dated:  December 23, 2013	By:	/s/ Paul Watson
		Paul Watson
		President, Chief Executive Officer,
		Chief Financial Officer, Principal
		Accounting Officer, Secretary, Treasurer, Director

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SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Aug. 31, 2013

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Use of Estimates

Use of estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and cash equivalents

Cash and cash equivalents - All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents.

Research and development expenses

Research and development expenses - Expenditures for research and development of products are expensed as incurred.  There have been no research and development costs incurred for the period ended August 31, 2013.

Common Stock

Common stock - The Company records common stock issuances when all of the legal requirements for the issuance of such common stock have been satisfied.

Revenue recognition

Revenue recognition - The Company has no current source of revenue, therefore, the Company has not yet adopted any policy regarding the recognition of revenues or related cost of goods.

Advertising costs

Advertising Costs - The Company's policy regarding advertising is to expense advertising costs as incurred.  The Company incurred advertising costs of $30,221 for the year ended August 31, 2013.

Income Taxes

Income Taxes - Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes resulting from temporary differences. Such temporary differences result from differences in the carrying value of assets and liabilities for tax and financial reporting purposes. The deferred tax assets and liabilities represent the future tax consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.

The Company adopted the provisions of FASB ASC 740-10 "Uncertainty in Income Taxes" (ASC 740-10), on January 1, 2007. The Company has not recognized a liability as a result of the implementation of ASC 740-10. A reconciliation of the beginning and ending amount of unrecognized tax benefits has not been provided since there is no unrecognized benefit since the date of adoption.  The Company has not recognized interest expense or penalties as a result of the implementation of ASC 740-10. If there were an unrecognized tax benefit, the Company would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses.

Earnings (loss) per share

Earnings (Loss) Per Share - Basic loss per share is computed by dividing net loss attributable to common stockholders by the weighted average common shares outstanding for the period. Diluted loss per share is computed giving effect to all potentially dilutive common shares. Potentially dilutive common shares may consist of incremental shares issuable upon the exercise of stock options and warrants and the conversion of notes payable to common stock. In periods in which a net loss has been incurred, all potentially dilutive common shares are considered antidilutive and thus are excluded from the calculation. At August 31, 2013, the Company did not have any potentially dilutive common shares.

On November 13, 2012, the Company effected a one-for-40 reverse stock split.  All share and per share amounts have been retroactively restated to reflect the reverse split. This presentation is consistent with the guidance in ASC 260-10-55-12, Earnings Per Share, which requires retroactive restatement of earnings per share if a capital structure change due to a stock dividend, stock split or reverse split occurs after the date of the latest balance sheet, but before the release of the financial statements or the effective date of the registration statement, whichever is later.

Financial instruments

Financial instruments - In September 2006, the Financial Accounting Standards Board (FASB) introduced a framework for measuring fair value and expanded required disclosure about fair value measurements of assets and liabilities.  The Company adopted the standard for those financial assets and liabilities as of the beginning of the 2009 fiscal year and the impact of adoption was not significant. FASB Accounting Standards Codification (ASC) 820 "Fair Value Measurements and Disclosures" (ASC 820) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

· Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

· Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

· Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of August 31, 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accounts receivable, other current assets, accounts payable, accrued compensation and accrued expenses. The fair value of the Company's notes payable is estimated based on current rates that would be available for debt of similar terms which is not significantly different from its stated value.

Recent accounting pronouncements

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under U.S. GAAP. The new amendments will require an organization to:

· Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period; and

· Cross-reference to other disclosures currently required under U.S. GAAP for other reclassification items (that are not required under U.S. GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense.

The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The adoption of ASU No. 2013-02 is not expected to have a material impact on our financial position or results of operations.

In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11. The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users. In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with U.S. GAAP and those prepared under IFRSs. Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013. The adoption of ASU 2013-01 is not expected to have a material impact on our financial position or results of operations.

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Statement of Operations (USD $)	12 Months Ended		47 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013
OPERATING EXPENSE:
General and administrative	$ 295,534	$ 574,038	$ 2,157,161
Impairment of investment in joint venture	157,500	34,000	191,500
LOSS FROM OPERATIONS	(453,034)	(608,038)	(2,348,661)
Other income (expense), net
Interest expense	(407,267)	(278,959)	(686,226)
NET LOSS	$ (860,301)	$ (886,997)	$ (3,034,887)
Net loss per common share (basic and fully diluted)	$ (0.11)	$ (1.69)
Weighted average number of common shares outstanding - basic and fully diluted	7,860,789	525,779

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JOINT VENTURES

12 Months Ended

Aug. 31, 2013

JOINT VENTURES [Abstract]

JOINT VENTURES

4. JOINT VENTURES

On May 9, 2012, we entered into a joint venture agreement (the "Joint Venture Agreement") with Source Street, LLC, a Texas limited liability company ("Source Street"). The purpose of the joint venture is to fund the planning, development and launch of online and mobile games across social platforms for fun, educational and corporate training purposes. We will contribute the working capital for the joint venture and Source Street will contribute its knowledge and development skills to complete the design and launch of online and mobile games. We paid $5,000 to the joint venture upon signing the agreement and will make weekly payments of $1,500 for the term of the joint venture. We will share profits and losses of the joint venture equally with Source Street.

On July 9, 2012, we revised the Joint Venture Agreement (the "Revised Joint Venture Agreement") with Source Street. Under the terms of the Revised Joint Venture Agreement, we are required to provide oversight and management toward the development of online and social games. Source Street will identify and coordinate the development team. We will provide funding for the joint venture in the amount of $2,500 per week during the period of development of the first game. Ownership of the game and profits and losses will be split 80% to OBJE and 20% to Source Street. The Revised Joint Venture Agreement can be terminated by a 30-day notice from either party. We have paid $137,500 to Source Street pursuant to the Revised Joint Venture Agreement. We developed Phantasmic and Creature Taverns with Source Street.

On May 21, 2013, the joint venture formed Novalon Technologies, LLC ("Novalon") as the operating entity for the joint venture.

On October 4, 2013, OBJE purchased Source Street's interest in Novalon and Source Street's rights to 20% of the game and profits that resulted from the Revised Joint Venture Agreement. The total consideration for the purchase was $25,000.

On July 20, 2013, we entered into a joint venture agreement (the "Agreement") with Bluff Wars, Inc. ("BWI") to develop the Android version of its existing game Bluff Wars. The purpose of the Agreement is to fund the development and launch of Bluff Wars within the Android marketplace. OBJE funded the development of Bluff Wars (Android version) for $30,000 during the year ended August 31, 2013. This represented OBJE's full commitment under the Agreement. OBJE also has the option to work further with developer Fangtooth Studios and BWI to market, design and distribute existing and planned games for online, social and mobile applications. OBJE has also agreed to market the game and place it in the Google Play® platform. The Android version of the game was launched in September 2013. We began to generate revenue from the sale of the game at that time.

During the years ended August 31, 2013 and 2012, we recognized impairment of our investment in joint ventures in the amount of $157,500 and $34,000, respectively. This represented a complete impairment of those investments due to the uncertainty about whether the carrying amount is recoverable. The joint ventures represent start-up operations without a track record of generating revenue or positive cash flow.

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SIGNIFICANT ACCOUNTING POLICIES (Assets Measured and Recognized at Fair Value) (Details) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets measured on recurring and nonrecurring basis
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets measured on recurring and nonrecurring basis
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets measured on recurring and nonrecurring basis
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of assets measured on recurring and nonrecurring basis

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SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Aug. 31, 2013

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Assets Measured and Recognized at Fair Value on a Recurring and Nonrecurring Basis

							Total
							Realized
Description	Level 1		Level 2		Level 3		Loss
	$	-	$	-	$	-	$	-
Totals	$	-	$	-	$	-	$	-

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CONVERTIBLE NOTES PAYABLE (Details) (USD $)	12 Months Ended		47 Months Ended	0 Months Ended		1 Months Ended				12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	Nov. 16, 2012 Convertible Promissory Notes [Member]	Sep. 04, 2012 Convertible Promissory Notes [Member]	Aug. 31, 2013 Convertible Promissory Notes [Member]	May 31, 2013 Convertible Promissory Notes [Member]	Jan. 31, 2013 Convertible Promissory Notes [Member]	Oct. 31, 2012 Convertible Promissory Notes [Member]	Aug. 31, 2013 Convertible Promissory Note dated August 31, 2011 [Member]	Aug. 31, 2013 Convertible Promissory Note dated September 26, 2011 [Member]	Aug. 31, 2013 Convertible Promissory Note dated January 31, 2013 [Member]
Debt Instrument [Line Items]
Short-term debt, refinanced amount					$ 25,260	$ 323,895	$ 172,450	$ 170,413	$ 52,600
Debt instrument, interest rate					10.00%	10.00%	10.00%	10.00%	10.00%	10.00%	10.00%
Debt instrument, maturity date					Sep. 04, 2013	Aug. 15, 2015	May 31, 2015	Jan. 31, 2015	Oct. 31, 2013	Aug. 31, 2013	Feb. 28, 2014
Debt conversion, price per share					$ 0.01	$ 0.05	$ 0.05	$ 0.10	$ 0.01	$ 0.05	$ 0.01
Beneficial conversion feature					25,260	323,895	172,450	170,413	52,600
Debt conversion, original debt, amount converted				52,600	25,260							120,000
Debt conversion, shares issued				5,260,000	126,300					5,040,000	3,000,000	1,200,000
Unamortized discount on debt instrument, noncurrent portion	521,630	151,219	521,630	52,600	25,260							90,247
Accrued interest	73,664	42,412	73,664
Interest expense	33,367
Amortization of discount on convertible note payable	$ 373,900	$ 236,547	$ 610,447

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ADVANCES FROM THIRD PARTIES (Details) (USD $)	12 Months Ended		47 Months Ended	0 Months Ended	1 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	Sep. 04, 2012 Convertible Debt [Member]	Aug. 31, 2013 Convertible Debt [Member]	May 31, 2013 Convertible Debt [Member]	Jan. 31, 2013 Convertible Debt [Member]	Oct. 31, 2012 Convertible Debt [Member]
Short-term Debt [Line Items]
Proceeds from advances	$ 464,245	$ 280,372	$ 1,334,970
Short-term debt, refinanced amount				$ 25,260	$ 323,895	$ 172,450	$ 170,412	$ 52,600

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SUBSEQUENT EVENTS (Details) (USD $)			12 Months Ended			0 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013 Convertible Promissory Note dated August 31, 2011 [Member]	Aug. 31, 2013 Convertible Promissory Note dated August 31, 2011 [Member] Subsequent Event [Member]	Aug. 31, 2013 Convertible Promissory Note dated January 31, 2013 [Member]	Oct. 08, 2013 Convertible Promissory Note dated January 31, 2013 [Member] Subsequent Event [Member]
Subsequent Event [Line Items]
Debt conversion, price per share			$ 0.05	$ 0.05
Debt conversion, original debt, amount converted					$ 120,000	$ 60,000
Debt conversion, shares issued			5,040,000	1,500,000	1,200,000	600,000
Unamortized discount on debt instrument, noncurrent portion	$ 521,630	$ 151,219			$ 90,247	$ 28,175

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INCOME TAXES (Details) (USD $)	12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
INCOME TAXES [Abstract]
Tax benefit at U.S. statutory rate	$ 301,000	$ 248,000
Permanent differences - stock compensation		(88,000)
Valuation allowance	(301,000)	(160,000)
Total
Net operating loss carryforwards	$ 2,100,000
Net operating loss carry-forward expiration date	Dec. 31, 2026

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JOINT VENTURES (Details) (USD $)	12 Months Ended		47 Months Ended	1 Months Ended		0 Months Ended	14 Months Ended		12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013	May 31, 2012 Source Street, LLC Original Joint Venture Agreement [Member]	May 09, 2012 Source Street, LLC Original Joint Venture Agreement [Member]	Oct. 08, 2013 Source Street, LLC Amended Joint Venture Agreement [Member]	Aug. 31, 2013 Source Street, LLC Amended Joint Venture Agreement [Member]	Jul. 09, 2012 Source Street, LLC Amended Joint Venture Agreement [Member]	Aug. 31, 2013 Bluff Wars Joint Venture [Member]
Joint Venture Agreements [Line Items]
Capital contribution to invest in joint venture				$ 5,000			$ 137,500		$ 30,000
The weekly payment owed for the term of the joint venture agreement					1,500
The weekly payment owed during the period of development of the first game, per the amended joint venture agreement								2,500
The company's ownership percentage in the joint venture								80.00%
The total consideration paid by the company to purchase the remaining ownership percentage from the partner in joint venture						25,000
Impairment of investment in joint venture	$ 157,500	$ 34,000	$ 191,500

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Statement of Cash Flows (USD $)	12 Months Ended		47 Months Ended
	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2013
Operating activities
Net loss	$ (860,301)	$ (886,997)	$ (3,034,887)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for services		315,000	935,000
Amortization of discount on convertible note payable	373,900	236,547	610,447
Changes in operating assets and liabilities:
Prepaid expenses		2,086
Accounts payable and accrued liabilities	61,327	(31,937)	92,381
Accrued interest payable	33,367	42,412	75,779
Net cash used by operating activities	(391,707)	(322,889)	(1,321,280)
INVESTING ACTIVITIES
Net cash used by investing activities
FINANCING ACTIVITIES:
Proceeds from advances	464,245	280,372	1,334,970
Proceeds from issuance of common stock			61,500
Net cash provided by financing activities	464,245	280,372	1,396,470
Net (decrease) increase in cash	72,538	(42,517)	75,190
Cash at beginning of period	2,652	45,169
Cash at end of period	75,190	2,652	75,190
Cash paid during the period for:
Interest
Taxes
Common stock issued for services		315,000	935,000
Common stock issued for conversion of debt	$ 477,745	$ 241,853	$ 719,598

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GOING CONCERN

12 Months Ended

Aug. 31, 2013

GOING CONCERN [Abstract]

GOING CONCERN

2. GOING CONCERN

For the year ended August 31, 2013, the Company had a net loss of $860,301 and negative cash flow from operating activities of $391,707. As of August 31, 2013, the Company has negative working capital of $93,502.  The Company has not emerged from the development stage.

These factors raise a substantial doubt about the Company's ability to continue as a going concern.  The accompanying financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the inability of the Company to continue as a going concern.

The Company does not have the resources at this time to repay its credit and debt obligations, make any payments in the form of dividends to its shareholders or fully implement its business plan. Without additional capital, the Company will not be able to remain in business.

Management has plans to address the Company's financial situation as follows:

In the near term, management plans to continue to focus on raising the funds necessary to fully implement the Company's business plan.  Management will continue to seek out debt financing to obtain the capital required to meet the Company's financial obligations.  There is no assurance, however, that lenders will continue to advance capital to the Company or that the new business operations will be profitable.  The possibility of failure in obtaining additional funding and the potential inability to achieve profitability raise doubts about the Company's ability to continue as a going concern.

In the long term, management believes that the Company's projects and initiatives will be successful and will provide cash flow to the Company which will be used to finance the Company's future growth.  However, there can be no assurances that the Company's planned activities will be successful, or that the Company will ultimately attain profitability.  The Company's long term viability depends on its ability to obtain adequate sources of debt or equity funding to meet current commitments and fund the continuation of its business operations, and the ability of the Company to ultimately achieve adequate profitability and cash flows from operations to sustain its operations.

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ADVANCES FROM THIRD PARTIES

12 Months Ended

Aug. 31, 2013

ADVANCES FROM THIRD PARTIES [Abstract]

ADVANCES FROM THIRD PARTIES

5. ADVANCES FROM THIRD PARTIES

During the years ended August 31, 2013 and 2012, the Company received net, non-interest bearing advances from certain third parties totaling $464,245 and $280,372, respectively.  No amounts were due under these advances as of August 31, 2013. These advances are not collateralized and are due on demand.

On September 4, 2012, the Company agreed with the lender to refinance a portion of these advances in the amount of $25,260 into a convertible promissory note. See Note 6.

On October 31, 2012, the Company agreed with the lender to refinance a portion of these advances in the amount of $52,600 into a convertible promissory note. See Note 6.

On January 31, 2013, the Company agreed with the lender to refinance a portion of these advances in the amount of $170,412 into a convertible promissory note. See Note 6.

On May 31, 2013, the Company agreed with the lender to refinance a portion of these advances in the amount of $172,450 into a convertible promissory note. See Note 6.

On August 31, 2013, the Company agreed with the lender to refinance a portion of these advances in the amount of $323,895 into a convertible promissory note. See Note 6.

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SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Aug. 31, 2013

SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SIGNIFICANT ACCOUNTING POLICIES

3. SIGNIFICANT ACCOUNTING POLICIES

The significant accounting policies followed are:

Use of estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates.

Cash and cash equivalents - All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents.

Research and development expenses - Expenditures for research and development of products are expensed as incurred.  There have been no research and development costs incurred for the period ended August 31, 2013.

Common stock - The Company records common stock issuances when all of the legal requirements for the issuance of such common stock have been satisfied.

Revenue recognition - The Company has no current source of revenue, therefore, the Company has not yet adopted any policy regarding the recognition of revenues or related cost of goods.

Advertising Costs - The Company's policy regarding advertising is to expense advertising costs as incurred.  The Company incurred advertising costs of $30,221 for the year ended August 31, 2013.

Income Taxes - Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes resulting from temporary differences. Such temporary differences result from differences in the carrying value of assets and liabilities for tax and financial reporting purposes. The deferred tax assets and liabilities represent the future tax consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.

The Company adopted the provisions of FASB ASC 740-10 "Uncertainty in Income Taxes" (ASC 740-10), on January 1, 2007. The Company has not recognized a liability as a result of the implementation of ASC 740-10. A reconciliation of the beginning and ending amount of unrecognized tax benefits has not been provided since there is no unrecognized benefit since the date of adoption.  The Company has not recognized interest expense or penalties as a result of the implementation of ASC 740-10. If there were an unrecognized tax benefit, the Company would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses.

Earnings (Loss) Per Share - Basic loss per share is computed by dividing net loss attributable to common stockholders by the weighted average common shares outstanding for the period. Diluted loss per share is computed giving effect to all potentially dilutive common shares. Potentially dilutive common shares may consist of incremental shares issuable upon the exercise of stock options and warrants and the conversion of notes payable to common stock. In periods in which a net loss has been incurred, all potentially dilutive common shares are considered antidilutive and thus are excluded from the calculation. At August 31, 2013, the Company did not have any potentially dilutive common shares.

On November 13, 2012, the Company effected a one-for-40 reverse stock split.  All share and per share amounts have been retroactively restated to reflect the reverse split. This presentation is consistent with the guidance in ASC 260-10-55-12, Earnings Per Share, which requires retroactive restatement of earnings per share if a capital structure change due to a stock dividend, stock split or reverse split occurs after the date of the latest balance sheet, but before the release of the financial statements or the effective date of the registration statement, whichever is later.

Financial instruments - In September 2006, the Financial Accounting Standards Board (FASB) introduced a framework for measuring fair value and expanded required disclosure about fair value measurements of assets and liabilities.  The Company adopted the standard for those financial assets and liabilities as of the beginning of the 2009 fiscal year and the impact of adoption was not significant. FASB Accounting Standards Codification (ASC) 820 "Fair Value Measurements and Disclosures" (ASC 820) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

· Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

· Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

· Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of August 31, 2013. The respective carrying value of certain on-balance-sheet financial instruments approximated their fair values due to the short-term nature of these instruments. These financial instruments include accounts receivable, other current assets, accounts payable, accrued compensation and accrued expenses. The fair value of the Company's notes payable is estimated based on current rates that would be available for debt of similar terms which is not significantly different from its stated value.

The following table presents assets that were measured and recognized at fair value as of August 31, 2013 and 2012 and the years then ended on a recurring and nonrecurring basis:

							Total
							Realized
Description	Level 1		Level 2		Level 3		Loss
	$	-	$	-	$	-	$	-
Totals	$	-	$	-	$	-	$	-

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under U.S. GAAP. The new amendments will require an organization to:

· Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period; and

· Cross-reference to other disclosures currently required under U.S. GAAP for other reclassification items (that are not required under U.S. GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense.

The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The adoption of ASU No. 2013-02 is not expected to have a material impact on our financial position or results of operations.

In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11. The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users. In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with U.S. GAAP and those prepared under IFRSs. Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013. The adoption of ASU 2013-01 is not expected to have a material impact on our financial position or results of operations.

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CONVERTIBLE NOTES PAYABLE (Schedule of Convertible Notes Payable) (Details) (USD $)	12 Months Ended
	Aug. 31, 2013	Aug. 31, 2012
Debt Instrument [Line Items]
Convertible note payable, gross
Accrued interest payable	73,664	42,412
Total convertible notes payable and accrued interest	639,889	341,765
Less: current portion of convertible notes payable and accrued interest	(76,617)
Less: discount on convertible notes payable	(521,630)	(151,219)
Noncurrent convertible notes payable, net of discount	41,642	190,546
Convertible Promissory Note dated September 26, 2011 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	10.00%
Debt instrument, maturity date	Feb. 28, 2014
Debt conversion, price per share	$ 0.01
Convertible note payable, gross		27,885
Convertible Promissory Note dated August 31, 2011 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	10.00%
Debt instrument, maturity date	Aug. 31, 2013
Debt conversion, price per share	$ 0.05
Convertible note payable, gross	19,468	271,468
Convertible Promissory Note dated January 31, 2013 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	10.00%
Debt instrument, maturity date	Jan. 31, 2015
Debt conversion, price per share	$ 0.10
Convertible note payable, gross	50,412
Convertible Promissory Note dated May 31, 2013 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	10.00%
Debt instrument, maturity date	May 31, 2015
Debt conversion, price per share	$ 0.05
Convertible note payable, gross	172,450
Convertible Promissory Note dated August 31, 2013 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate	10.00%
Debt instrument, maturity date	Aug. 31, 2015
Debt conversion, price per share	$ 0.05
Convertible note payable, gross	$ 323,895

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PREFERRED STOCK (Details) (USD $)	Aug. 31, 2013	Aug. 31, 2012
PREFERRED STOCK [Abstract]
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, par value per share	$ 0.0001	$ 0.0001

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Balance Sheets (Parenthetical) (USD $)	Aug. 31, 2013	Aug. 31, 2012
Consolidated Balance Sheets [Abstract]
Unamortized discount on debt instrument, current portion	$ 306
Unamortized discount on debt instrument, noncurrent portion	$ 521,630	$ 151,219
Preferred stock, par value per share	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	15,234,339	607,500
Common stock, shares outstanding	15,234,339	607,500

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PREFERRED STOCK

12 Months Ended

Aug. 31, 2013

PREFERRED STOCK [Abstract]

PREFERRED STOCK

8. PREFERRED STOCK

The Company's board of directors has authorized 10,000,000 million shares of preferred stock with a par value of $0.0001 to be issued in series with terms and conditions to be determined by the board of directors.

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Statement of Changes in Stockholders' Deficit (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at Sep. 20, 2009
Balance, shares at Sep. 20, 2009
Issuance of common stock for cash, September 2009, $0.04 per share	9,000	23	8,977
Issuance of common stock for cash, September 2009, $0.04 per share, shares		225,000
Issuance of common stock for cash, August 2010, $0.70 per share	52,500	8	52,492
Issuance of common stock for cash, August 2010, $0.70 per share, shares		75,000
Net loss	(20,572)			(20,572)
Balance at Aug. 31, 2010	40,928	31	61,469	(20,572)
Balance, shares at Aug. 31, 2010		300,000
Issuance of common stock for services	50,000	2	49,998
Issuance of common stock for services, shares		25,000
Issuance of common stock for services, transaction two	570,000	1	569,999
Issuance of common stock for services, transaction two, shares		12,500
Net loss	(1,267,017)			(1,267,017)
Balance at Aug. 31, 2011	(606,089)	34	681,466	(1,287,589)
Balance, shares at Aug. 31, 2011		337,500
Issuance of common stock for conversion of debt	241,853	25	241,828
Issuance of common stock for conversion of debt, shares		247,500
Issuance of common stock for services	315,000	2	314,998
Issuance of common stock for services, shares		22,500
Discount on convertible notes payable	436,913		436,913
Net loss	(886,997)			(886,997)
Balance at Aug. 31, 2012	(499,320)	61	1,675,205	(2,174,586)
Balance, shares at Aug. 31, 2012	607,500	607,500
Shares issued for rounding due to stock split		539
Issuance of common stock for conversion of debt	479,860	1,462	478,398
Issuance of common stock for conversion of debt, shares	14,626,300	14,626,300
Discount on convertible notes payable	744,617		744,617
Net loss	(860,301)			(860,301)
Balance at Aug. 31, 2013	$ (135,144)	$ 1,523	$ 2,898,220	$ (3,034,887)
Balance, shares at Aug. 31, 2013	15,234,339	15,234,339

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Balance Sheets (USD $)	Aug. 31, 2013	Aug. 31, 2012
Current assets:
Cash	$ 75,190	$ 2,652
Total current assets	75,190	2,652
TOTAL ASSETS	75,190	2,652
Current liabilities:
Accounts payable	92,381	31,054
Advances payable		280,372
Current portion of convertible notes payable, net of discount of $306 and $-, respectively	76,311
Total current liabilities	168,692	311,426
Convertible notes payable, net of discount of $521,630 and $151,219, respectively	41,642	190,546
Total liabilities	210,334	501,972
Stockholders' deficit:
Preferred stock; $0.0001 par value; 10,000,000 shares authorized; 0 shares issued and outstanding
Common stock; $0.0001 par value; 100,000,000 shares authorized; 15,234,339 and 607,500 issued and outstanding at August 31, 2013 and 2012, respectively	1,523	61
Additional paid-in capital	2,898,220	1,675,205
Deficit accumulated during development stage	(3,034,887)	(2,174,586)
Total stockholders' deficit	(135,144)	(499,320)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 75,190	$ 2,652

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CONVERTIBLE NOTES PAYABLE (Schedule of Convertible Notes Payable One) (Details) (Convertible Promissory Note dated September 26, 2011 [Member], USD $)	12 Months Ended
	Aug. 31, 2013
Debt Conversion [Line Items]
Amount Converted	$ 30,000
Number of Shares Issued	3,000,000
April 2, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	7,800
Number of Shares Issued	780,000
April 8, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	7,800
Number of Shares Issued	780,000
April 26, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	4,600
Number of Shares Issued	460,000
May 17, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	$ 9,800
Number of Shares Issued	980,000

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SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
	Aug. 31, 2013
SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Advertising expense	$ 30,221

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SUBSEQUENT EVENTS (Schedule of Convertible Notes Payable) (Details) (Convertible Promissory Note dated August 31, 2011 [Member], USD $)	12 Months Ended
	Aug. 31, 2013
Subsequent Event [Line Items]
Amount Converted	$ 252,000
Number of Shares Issued	5,040,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Amount Converted	75,000
Number of Shares Issued	1,500,000
October 1, 2013 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Amount Converted	30,000
Number of Shares Issued	600,000
October 4, 2013 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Amount Converted	30,000
Number of Shares Issued	600,000
October 15, 2013 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Amount Converted	$ 15,000
Number of Shares Issued	300,000

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INCOME TAXES

12 Months Ended

Aug. 31, 2013

INCOME TAXES [Abstract]

INCOME TAXES

7. INCOME TAXES

There are no current or deferred income tax expense or benefit for the period ended August 31, 2013.

The provision for income taxes is different from that which would be obtained by applying the statutory federal income tax rate to income before income taxes.  The items causing this difference are as follows:

	Year ended August 31, 2013			Year ended August 31, 2012
Tax benefit at U.S. statutory rate	$	301,000		$	248,000
Permanent differences - stock compensation		-			(88,000)
Valuation allowance		(301,000	)		(160,000)
	$	-		$	-

The Company has net operating loss carryforwards of $2,100,000 which will begin expiring in 2026.

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CONVERTIBLE NOTES PAYABLE (Schedule of Convertible Notes Payable Two) (Details) (Convertible Promissory Note dated August 31, 2011 [Member], USD $)	12 Months Ended
	Aug. 31, 2013
Debt Conversion [Line Items]
Amount Converted	$ 252,000
Number of Shares Issued	5,040,000
Unamortized Discount	59,560
November 26, 2012 [Member]
Debt Conversion [Line Items]
Amount Converted	58,000
Number of Shares Issued	1,160,000
Unamortized Discount	24,591
February 5, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	35,000
Number of Shares Issued	700,000
Unamortized Discount	11,130
May 23, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	24,500
Number of Shares Issued	490,000
Unamortized Discount	4,896
June 4, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	24,500
Number of Shares Issued	490,000
Unamortized Discount	3,617
June 6, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	25,000
Number of Shares Issued	500,000
Unamortized Discount	3,500
June 19, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	25,000
Number of Shares Issued	500,000
Unamortized Discount	3,400
July 11, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	30,000
Number of Shares Issued	600,000
Unamortized Discount	2,690
August 27, 2013 [Member]
Debt Conversion [Line Items]
Amount Converted	30,000
Number of Shares Issued	600,000
Unamortized Discount	$ 696

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SUBSEQUENT EVENTS

12 Months Ended

Aug. 31, 2013

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

10. SUBSEQUENT EVENTS

Subsequent to August 31, 2013, the holders of the Convertible Note Payable dated August 31, 2011, elected to convert principal and accrued interest in the amounts shown below into shares of common stock at a rate of $0.05 per share. There were no unamortized discounts on the principal converted below as all discounts had been fully amortized as of the due date, August 31, 2013. No gain or loss was recognized on the conversions as they occurred within the terms of the agreement.

Date	Amount Converted		Number of Shares Issued
October 1, 2013		30,000	600,000
October 4, 2013		30,000	600,000
October 15, 2013		15,000	300,000
Total	$	75,000	1,500,000

On October 8, 2013, the holder of the Convertible Note Payable, dated January 31, 2013, elected to convert principal in the amount of $60,000 into 600,000 shares of common stock. On that date, the unamortized discount related to this principal was $28,175. The unamortized discount was immediately amortized to interest expense upon conversion. No gain or loss was recognized on the conversion as it occurred within the terms of the agreement.

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CONVERTIBLE NOTES PAYABLE

12 Months Ended

Aug. 31, 2013

CONVERTIBLE NOTES PAYABLE [Abstract]

CONVERTIBLE NOTES PAYABLE

6. CONVERTIBLE NOTES PAYABLE

Convertible notes payable consist of the following as of August 31, 2013 and August 31, 2012:

	August 31, 2013			August 31, 2012
Convertible note payable, dated September 26, 2011, bearing interest at 10% per annum, originally matured on February 28, 2013 and convertible into shares of common stock at $0.01 per share, extended to be due on February 28, 2014	$	-		$	27,885
Convertible note payable, dated August 31, 2011, bearing interest at 10% per annum, matures on August 31, 2013 and convertible into shares of common stock at $0.05 per share		19,468			271,468
Convertible note payable, dated January 31, 2013, bearing interest at 10% per annum, matures on January 31, 2015 and convertible into shares of common stock at $0.10		50,412			-
Convertible note payable, dated May 31, 2013, bearing interest at 10% per annum, matures on May 31, 2015 and convertible into shares of common stock at $0.05		172,450			-
Convertible note payable, dated August 31, 2013, bearing interest at 10% per annum, matures on August 31, 2015 and convertible into shares of common stock at $0.05		323,895			-
Accrued interest payable		73,664			42,412
Total convertible notes payable and accrued interest		639,889			341,765
Less: current portion of convertible notes payable and accrued interest		(76,617	)		-
Less: discount on noncurrent convertible notes payable		(521,630	)		(151,219	)
Convertible notes payable, net of discount	$	41,642		$	190,546

On September 4, 2012, the Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $25,260 into a convertible note payable. The Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest on September 4, 2013. The Convertible Promissory Note is convertible into common stock at the option of the holder at the rate of $0.01 per share. This note was fully converted in accordance with the terms of the agreement during the year ended August 31, 2013.

On October 31, 2012, the Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $52,600 into a convertible note payable. The Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest on October 31, 2013. The Convertible Promissory Note is convertible into common stock at the option of the holder at the rate of $0.01 per share. This note was fully converted in accordance with the terms of the agreement during the year ended August 31, 2013.

On January 31, 2013, the Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $170,413 into a convertible note payable. The Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest on January 31, 2015. The Convertible Promissory Note is convertible into common stock at the option of the holder at the rate of $0.10 per share.

On May 31, 2013, the Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $172,450 into a convertible note payable. The Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest on May 31, 2015. The Convertible Promissory Note is convertible into common stock at the option of the holder at the rate of $0.05 per share.

On August 31, 2013, the Company signed a Convertible Promissory Note which refinanced non-interest bearing advances in the amount of $323,895 into a convertible note payable. The Convertible Promissory Note bears interest at 10% per annum and is payable along with accrued interest on August 31, 2015. The Convertible Promissory Note is convertible into common stock at the option of the holder at the rate of $0.05 per share.

The Company evaluated the terms of these note in accordance with ASC 815 - 40, Derivatives and Hedging - Contracts in Entity's Own Stock and determined that the underlying common stock is indexed to the Company's common stock. The Company determined that the conversion feature did not meet the definition of a liability and therefore did not bifurcate the conversion feature and account for it as a separate derivative liability. The Company evaluated the conversion feature for a beneficial conversion feature. The effective conversion price was compared to the market price on the date of the notes and was deemed to be less than the market value of underlying common stock at the inception of the note. Therefore, the Company recognized a beneficial conversion feature in the amount of $25,260 on September 4, 2012, $52,600 on October 31, 2012, $170,413 on January 31, 2013, $172,450 on May 31, 2013 and $323,895 on August 31, 2013. The beneficial conversion feature was recognized as an increase in additional paid-in capital and a discount to the Convertible Note Payable. The discount to the Convertible Note Payable is being amortized to interest expense over the life of the note.

The Company evaluated the application of ASC 470-50-40/55, Debtor's Accounting for a Modification or Exchange of Debt Instrument as it applies to the three notes listed above and concluded that the revised terms constituted a debt modification rather than a debt extinguishment because the present value of the cash flow under the terms of each of the new instruments was less than 10% from the present value of the remaining cash flows under the terms of the original notes. No gain or loss on the modifications was required to be recognized.

On September 4, 2012, the holder of the Convertible Note Payable, dated on the same date, elected to convert principal in the amount of $25,260 into 126,300 shares of common stock. On that date, the unamortized discount related to this principal was $25,260. The unamortized discount was immediately amortized to interest expense upon conversion.

On November 16, 2012, the holder of the Convertible Note Payable, dated October 31, 2012, elected to convert principal in the amount of $52,600 into 5,260,000 shares of common stock. On that date, the unamortized discount related to this principal was $52,600. The unamortized discount was immediately amortized to interest expense upon conversion.

During the year ended August 31, 2013, the holders of the Convertible Note Payable dated September 26, 2011, elected to convert principal and accrued interest in the amounts shown below into shares of common stock at a rate of $0.01 per share. This note originally matured on February 28, 2013. On March 1, 2013, the note was extended to be due on February 28, 2014. There were no unamortized discounts on the principal converted below as all discounts had been fully amortized as of the original due date. No gain or loss was recognized on the conversions as they occurred within the terms of the agreement.

Date	Amount Converted		Number of Shares Issued
April 2, 2013	$	7,800	780,000
April 8, 2013		7,800	780,000
April 26, 2013		4,600	460,000
May 17, 2013		9,800	980,000
Total	$	30,000	3,000,000

During the year ended August 31, 2013, the holders of the Convertible Note Payable dated August 31, 2011, elected to convert principal and accrued interest in the amounts shown below into shares of common stock at a rate of $0.05 per share. On the conversion date, the unamortized discount related to the principal amount converted was immediately amortized to interest expense. No gain or loss was recognized on the conversions as they occurred within the terms of the agreement.

Date	Amount Converted		Number of Shares Issued	Unamortized Discount
November 26, 2012	$	58,000	1,160,000	$	24,591
February 5, 2013		35,000	700,000		11,130
May 23, 2013		24,500	490,000		4,896
June 4, 2013		24,500	490,000		3,617
June 6, 2013		25,000	500,000		3,500
June 19, 2013		25,000	500,000		3,400
July 11, 2013		30,000	600,000		2,690
August 27, 2013		30,000	600,000		696
Total	$	252,000	5,040,000	$	59,560

On August 13, 2013, the holder of the Convertible Note Payable, dated January 31, 2013, elected to convert principal in the amount of $120,000 into 1,200,000 shares of common stock. On that date, the unamortized discount related to this principal was $90,247. The unamortized discount was immediately amortized to interest expense upon conversion. No gain or loss was recognized on the conversion as it occurred within the terms of the agreement.

The Company accrued interest in the amount of $33,367 during the year ended August 31, 2013. As of August 31, 2013, accrued interest payable was $73,664 and is included in convertible notes payable as of that date. During the year ended August 31, 2013, discount on convertible notes payable in the amount of $373,900 was amortized to interest expense.

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BACKGROUND INFORMATION

12 Months Ended

Aug. 31, 2013

BACKGROUND INFORMATION [Abstract]

BACKGROUND INFORMATION

1. BACKGROUND INFORMATION

The Company was incorporated in the State of Florida on September 21, 2009. The Company's original business plan was to design and sell a woman's line of jeans and other apparel branded as "Obscene Brand Jeans." The Company's corporate headquarters is located in Sarasota, Florida. The Company's fiscal year ends August 31.

On November 10, 2011, the Company formed Obscene Interactive, LLC ("Obscene Interactive"), a wholly-owned subsidiary to pursue emerging opportunities in the online and social gaming industry.  Obscene Interactive has begun identifying potential acquisition targets in the social media industry and engaged Street Source, LLC on May 9, 2012 to develop a game for the Company through a joint venture agreement. See Note 4.

On October 4, 2013, OBJE purchased Source Street's interest in Novalon Technologies LLC and Source Street's rights to 20% of the game and profits that resulted from the Revised Joint Venture Agreement. As of October 4, 2013, Novalon Technologies LLC, brand name and intellectual property under Novalon Games are collectively a wholly owned subsidiary of the Company.

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COMMON STOCK (Details) (USD $)	0 Months Ended	1 Months Ended	0 Months Ended					1 Months Ended									12 Months Ended
	Nov. 13, 2013	May 17, 2013	Apr. 02, 2013	Apr. 08, 2013	Feb. 05, 2013	Nov. 16, 2012	Sep. 04, 2012	May 23, 2013	Apr. 26, 2013	Nov. 26, 2012	Mar. 05, 2012	Nov. 03, 2011	Oct. 20, 2011	Sep. 27, 2011	Aug. 22, 2011	Dec. 20, 2010	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2011
COMMON STOCK [Abstract]
Preferred stock, shares authorized																	10,000,000	10,000,000
Preferred stock, par value per share																	$ 0.0001	$ 0.0001
Preferred stock, shares issued																	0	0
Preferred stock, shares outstanding																	0	0
Common stock, shares authorized																	100,000,000	100,000,000
Common stock, par value per share																	$ 0.0001	$ 0.0001
Stock split ratio	0.025
Equity issuance price															$ 45.60
Issuance of common stock for services, shares												22,500			12,500	25,000
Issuance of common stock for services												$ 315,000				$ 50,000		$ 315,000	$ 50,000
Issuance of common stock for conversion of debt, shares		980,000	780,000	780,000	700,000	5,260,000	126,300	490,000	460,000	1,160,000	120,000		112,500	15,000			14,626,300
Issuance of common stock for conversion of debt		9,800	7,800	7,800	35,000	52,600	25,260	24,500	4,600	58,000	240,000		45,000	6,000			479,860	241,853
Stock based compensation expense															$ 570,000

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CONVERTIBLE NOTES PAYABLE (Tables)

12 Months Ended

Aug. 31, 2013

CONVERTIBLE NOTES PAYABLE [Abstract]

Convertible notes payable

Convertible notes payable consist of the following as of August 31, 2013 and August 31, 2012:

	August 31, 2013			August 31, 2012
Convertible note payable, dated September 26, 2011, bearing interest at 10% per annum, originally matured on February 28, 2013 and convertible into shares of common stock at $0.01 per share, extended to be due on February 28, 2014	$	-		$	27,885
Convertible note payable, dated August 31, 2011, bearing interest at 10% per annum, matures on August 31, 2013 and convertible into shares of common stock at $0.05 per share		19,468			271,468
Convertible note payable, dated January 31, 2013, bearing interest at 10% per annum, matures on January 31, 2015 and convertible into shares of common stock at $0.10		50,412			-
Convertible note payable, dated May 31, 2013, bearing interest at 10% per annum, matures on May 31, 2015 and convertible into shares of common stock at $0.05		172,450			-
Convertible note payable, dated August 31, 2013, bearing interest at 10% per annum, matures on August 31, 2015 and convertible into shares of common stock at $0.05		323,895			-
Accrued interest payable		73,664			42,412
Total convertible notes payable and accrued interest		639,889			341,765
Less: current portion of convertible notes payable and accrued interest		(76,617	)		-
Less: discount on noncurrent convertible notes payable		(521,630	)		(151,219	)
Convertible notes payable, net of discount	$	41,642		$	190,546

Convertible Promissory Note dated September 26, 2011 [Member]

Debt Instrument [Line Items]

Schedule of Convertible Notes Having Been Converted

Date	Amount Converted		Number of Shares Issued
April 2, 2013	$	7,800	780,000
April 8, 2013		7,800	780,000
April 26, 2013		4,600	460,000
May 17, 2013		9,800	980,000
Total	$	30,000	3,000,000

Convertible Promissory Note dated August 31, 2011 [Member]

Debt Instrument [Line Items]

Schedule of Convertible Notes Having Been Converted

Date	Amount Converted		Number of Shares Issued	Unamortized Discount
November 26, 2012	$	58,000	1,160,000	$	24,591
February 5, 2013		35,000	700,000		11,130
May 23, 2013		24,500	490,000		4,896
June 4, 2013		24,500	490,000		3,617
June 6, 2013		25,000	500,000		3,500
June 19, 2013		25,000	500,000		3,400
July 11, 2013		30,000	600,000		2,690
August 27, 2013		30,000	600,000		696
Total	$	252,000	5,040,000	$	59,560

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COMMON STOCK

12 Months Ended

Aug. 31, 2013

COMMON STOCK [Abstract]

COMMON STOCK

9. COMMON STOCK

On November 13, 2012, the Company effected a one-for-40 reverse stock split. All share and per share amounts have been retroactively restated to reflect the reverse split.

On December 20, 2010, the Company issued 25,000 shares of common stock to Kern Capital Corp. for services.  The shares were valued at $50,000 based on the value of the services received.  There was no readily determinable market value for the shares, as they were not traded on any exchanges during that time period.

On August 22, 2011, the Company issued 12,500 shares of common stock to a third party for services. The shares were valued at $45.60 per share based on the closing market price of the stock on the date of issuance. As a result the Company recognized stock based compensation expense of $570,000.

On September 27, 2011, the Company issued 15,000 shares of common stock as a result of the conversion of the Convertible Note Payable in the amount of $6,000.

On October 20, 2011, the Company issued 112,500 shares of common stock as a result of the conversion of the Convertible Note Payable in the amount of $45,000.

On November 3, 2011, the Company issued 22,500 shares of common stock to a third party for services. The shares were valued at $315,000 based on the closing market price of the stock on the date of issuance.

On March 5, 2012, the Company issued 120,000 shares of common stock as a result of the conversion of Convertible Notes Payable in the amount of $240,000.

During the year ended August 31, 2013, the Company issued 14,626,300 shares of common stock for conversion of Convertible Notes Payable in the amount of $479,860. See Note 6.

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GOING CONCERN (Details) (USD $)	11 Months Ended	12 Months Ended			47 Months Ended
	Aug. 31, 2010	Aug. 31, 2013	Aug. 31, 2012	Aug. 31, 2011	Aug. 31, 2013
GOING CONCERN [Abstract]
Net loss	$ 20,572	$ 860,301	$ 886,997	$ 1,267,017	$ 3,034,887
Working capital		93,502			93,502
Net cash used in operations		$ 391,707	$ 322,889		$ 1,321,280

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INCOME TAXES (Tables)

12 Months Ended

Aug. 31, 2013

INCOME TAXES [Abstract]

Schedule of Income Tax Provision

	Year ended August 31, 2013			Year ended August 31, 2012
Tax benefit at U.S. statutory rate	$	301,000		$	248,000
Permanent differences - stock compensation		-			(88,000)
Valuation allowance		(301,000	)		(160,000)
	$	-		$	-

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Document and Entity Information (USD $)	12 Months Ended
	Aug. 31, 2013	Dec. 10, 2013	Feb. 28, 2013
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Aug. 31, 2013
Entity Registrant Name	OBJ Enterprises, Inc.
Entity Central Index Key	0001489256
Current Fiscal Year End Date	--08-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2013
Entity Filer Category	Smaller Reporting Company
Entity Shares Outstanding		16,434,339
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Public Float			$ 2,205,188

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SUBSEQUENT EVENTS (Tables)

12 Months Ended

Aug. 31, 2013

SUBSEQUENT EVENTS [Abstract]

Schedule of Subsequent Events

Date	Amount Converted		Number of Shares Issued
October 1, 2013		30,000	600,000
October 4, 2013		30,000	600,000
October 15, 2013		15,000	300,000
Total	$	75,000	1,500,000