v3.19.1

BALANCE SHEETS - USD ($)	Feb. 28, 2019	Aug. 31, 2018
Current Assets
Cash and cash equivalents	$ 11,761	$ 155,988
Prepaid expenses and other assets	29,933	1,019,650
Total Current Assets	41,694	1,175,638
Property and equipment, net	28,362	34,610
Total Assets	70,056	1,210,248
Current Liabilities
Accounts payable and accrued liabilities	8,666,710	4,909,419
Accrued interest	149,213	67,157
Convertible notes payable, net of unamortized debt discount of $48,346 and $863,852, respectively	1,707,660	976,229
Derivative liabilities	4,090,702	4,494,698
Total Current Liabilities	14,614,285	10,447,503
Total Liabilities	14,614,285	10,447,503
Stockholders' Equity (Deficit)
Preferred stock, $0.001 par value, 10,000,000 shares authorized. Series A Convertible Preferred Stock, $0.001 par value, $1,150 stated value, 1,000,000 shares authorized; 1,135 and 1,048 shares issued and outstanding as of February 28, 2019 and August 31, 2018, respectively	1	1
Common stock, $0.001 par value, 5,000,000,000,000 shares authorized; 3,701,872,193 and 684,342 shares issued and outstanding as of February 28, 2019 and August 31, 2018, respectively	3,701,872	684
Additional paid-in capital	109,978,769	104,574,113
Accumulated deficit	(128,224,871)	(113,812,053)
Total Stockholders' Deficit	(14,544,229)	(9,237,255)
Total Liabilities and Stockholders' Deficit	$ 70,056	$ 1,210,248

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

AIRBORNE WIRELESS NETWORK 10-Q