XML 23 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Subsequent Events
6 Months Ended
Feb. 28, 2014
Subsequent Events [Abstract]  
Subsequent Events

 

Note 5:  Subsequent Events

 

 

Subsequent to February 28, 2014, the Company issued 100,000 shares of common stock for services performed on behalf of the Company valued at $15,000. The Company also converted $90,000 of the secured promissory note into 600,000 shares of common stock. In addition, the Company issued 18,000 shares of common stock for cash of $2,700.

 

Also subsequent to February 28, 2014, the Company received a deposit of $1,000 in prepayment for sail training.

 

The Company has evaluated all other subsequent events through the date that the financial statements were issued, per the requirements of ASC Topic 855, and has determined that there are no additional events to report.