RELATED PARTY TRANSACTIONS	3 Months Ended
Nov. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 3 - RELATED PARTY TRANSACTIONS In connection with a related party promissory note, the Company has an accrued interest obligation as of November 30, 2023, and August 31, 2023 of $222,548 and $201,612, respectively. The note was due on September 1, 2021 and was not paid off due to limited capital. As such, the parties agreed to continue the note at 15% until sufficient funds are available to pay off the loan. As of November 30, 2023 and August 31, 2023, the outstanding principal balance was $547,737 and $581,098, respectively. The Company utilizes approximately 1,500 square feet of office space in 512 Bayshore Dr, Fort Lauderdale Florida. The space is owned by the President and is provided without charge to the Company. The Company obtained a line of credit from a Delaware Corporation (owned by the outgoing CFO) on November 30, 2020. Total advanced and accrued interest under this line of credit is $13,033 for the period ending November 30, 2023 and $13,033 for the year ending August 31, 2023. The line matured on November 25, 2021 and carries a default interest rate of 17%.

RELATED PARTY TRANSACTIONS

3 Months Ended

Nov. 30, 2023

NOTE 3 - RELATED PARTY TRANSACTIONS

In connection with a related party promissory note, the Company has an accrued interest obligation as of November 30, 2023, and August 31, 2023 of $222,548 and $201,612, respectively. The note was due on September 1, 2021 and was not paid off due to limited capital. As such, the parties agreed to continue the note at 15% until sufficient funds are available to pay off the loan. As of November 30, 2023 and August 31, 2023, the outstanding principal balance was $547,737 and $581,098, respectively.

The Company utilizes approximately 1,500 square feet of office space in 512 Bayshore Dr, Fort Lauderdale Florida. The space is owned by the President and is provided without charge to the Company.

The Company obtained a line of credit from a Delaware Corporation (owned by the outgoing CFO) on November 30, 2020. Total advanced and accrued interest under this line of credit is $13,033 for the period ending November 30, 2023 and $13,033 for the year ending August 31, 2023. The line matured on November 25, 2021 and carries a default interest rate of 17%.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

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