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Condensed Balance Sheets - USD ($)
Feb. 29, 2024
Aug. 31, 2023
Current assets:    
Cash and cash equivalents $ 342,296 $ 270,547
Prepaid expenses 198,084 105,000
Cryptocurrency 11,733 129,469
Notes receivable - short term 731,472 0
Notes receivable related party-short term 374,444 374,444
Total current assets 1,658,028 879,460
Notes receivable - long term 0 731,472
Notes receivable - related party long term 468,056 655,277
Investment in joint venture 867,247 987,429
Fixed assets, net 2,145,364 495,702
Fixed assets - not in service 2,711,142 4,453,466
Total assets 7,849,837 8,202,805
Current liabilities:    
Accounts payable and accrued liabilities 403,739 74,904
Accrued interest - related party 200,730 97,460
Loans payable - related party 1,625,000 1,300,000
Bitcoin loan 93,779 0
Derivative liability 114,835 0
Deferred revenue - short-term 86,193 86,193
Total current liabilities 2,524,276 1,558,558
Deferred revenue long-term 343,787 386,884
Total liabilities 2,868,063 1,945,441
Commitments and contingencies
Stockholders' Equity:    
Series A Preferred Stock, $0.0001 par value, 500,000 shares authorized, 453,966 and 453,966 shares issued and outstanding as of February 29, 2024 and August 31, 2023, respectively 45 45
Common stock, $0.0001 par value, 500,000,000 shares authorized; 49,821,698 and 49,665,649 shares issued and outstanding as of February 29, 2024 and August 31, 2023 respectively 4,982 4,967
Additional paid-in capital 11,738,635 11,183,720
Accumulated deficit (6,761,889) (4,931,367)
Total stockholders' equity 4,981,774 6,257,365
Total liabilities and equity $ 7,849,837 $ 8,202,805