Statement of Cash Flows

12 Months Ended

Aug. 31, 2014

Supplemental Cash Flow Elements [Abstract]

Statement of Cash Flows

NOTE 18 – STATEMENT OF CASH FLOWS

For the year ended August 31, 2014, these supplemental non-cash investing and financing activities are summarized as follows:

Amount

On September 11, 2013, the Company issued 1,000,000 S-8 shares of common stock in payment for a investor relations consulting contract.	11,500
On October 2, 2013, the Company issued a $25,000 convertible promissory note to a non-related party.  We recorded a beneficial conversion feature the in amount of $25,000 related to that transaction.	25,000
On October 3, 2013, the Company recorded a loss on conversion of a convertible promissory note in the amount of $15,620.	15,620
On November 5, 2013 and November 8, 2013, the Company issued a total of 3,000,000 warrants to a non-related party as additional compensation for an operating capital investment.	14,805
On December 3, 2013, the Company recorded a loss on conversion of a convertible promissory note in the amount of $12,069.	12,069
On December 3, 2013, the Company recorded a loss on conversion of a convertible promissory note in the amount of $9,720.	9,720
On December 3, 2013, the Company issued a total of 1,000,000 warrants as additional compensation.	5,992
On December 20, 2013, the Company issued a total of 3,000,000 warrants as additional compensation.	7,746

On January 3, 2014, the Company issued 2,000,000 shares of common stock in payment for a services contract.	22,000
On January 13, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $26,154.	26,154
On January 14, 2014, the Company issued 1,000,000 shares of common stock as partial compensation for a investor relations contract.	19,000
On January 21, 2014, the Company issued 3,500,000 shares of common stock as additional compensation for finder’s fees.	45,500
On January 21, 2014, the Company issued 1,500,000 shares of common stock as additional compensation for finder’s fees.	30,000
On January 31, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $16,667.	16,667
On February 7, 2014, the Company issued 1,000,000 shares of common stock as additional compensation for finder’s fees.	9,000
On February 7, 2014, the Company issued 3,000,000 shares of common stock as additional compensation for finder’s fees.	5,151
On February 24, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $2,308.	2,308
On March 19, 2014, the Company recorded a beneficial conversion feature on the issuance of a convertible note.	26,500
On March 31, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $30,000.	30,000
On April 6, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $1,468.	1,468
On April 6, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $30,683	30,683
On April 8, 2014, the Company recorded a beneficial conversion feature on the issuance of a convertible note.	50,000
On April 25, 2014, the Company recorded a beneficial conversion feature on the issuance of a convertible note.	12,445
On May 21, 2014 the Company recorded a discount for the issuance of 9,583,333 warrants in connection with the issuance of a convertible note.	38,322
On June 2, 2014, the Company issued 5,000,000 shares of common stock as payments on a services contract.	28,500
On July 14, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $1,500.	1,500

On July 24, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $4,885.		4,885
On July 16, 2014, the Company recorded a beneficial conversion feature on the issuance of a convertible note.		26,500
On August 1, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $16,828.		16,828
On August 26, 2014, the Company recorded a loss on conversion of a convertible promissory note in the amount of $1,784.		1,784
On May 21, 2014 the Company recorded a discount for the issuance of 4,000,000 warrants in connection with the issuance of a convertible note.		10,177
Total non-cash transactions from investing and financing activities.	$	557,824

For the year ended August 31, 2013, these supplemental non-cash investing and financing activities are summarized as follows:

On October 31, 2012, the Company entered into a note payable agreement to finance $10,404 of directors and officer’s insurance premiums.  The note bears interest at a rate of 9.27% per annum and was due in ten monthly installments of $1,085, including principal and interest, beginning on November 30, 2012.	$	10,404
On February 8, 2013, the Company recognized a loss on the conversion of a related party convertible note payable in the amount of $10,241.		10,241
On May 13, 2013 the Company issued 1,000,000 shares as additional compensation for the issuance of a one year promissory note.  These shares were valued at $8,000, the closing price		8,000
On August 1, 2013, the Company issued 1,000,000 four year warrants as additional consideration for the purchase of Angels of Mercy, Inc.  The value of these options, calculated using the Black-Scholes method were included in the purchase price of Angels of Mercy, Inc.		22,586
On August 5, 2013 the Company issued 6,000,000 three year warrants for finder’s fees in connection with funds raised through a stock purchase agreement.  The value of these options calculated using the Black-Scholes method were recorded and interest and finance charges in our financial statements.		137,406
Total non-cash transactions from investing and financing activities.	$	188,637