Thursday, July 20, 2017 1:46:00 PM
SAUER ENERGY, INC.
Balance Sheet
May 31, 2017
August 31, 2016
(Un-Audited)
(Audited)
ASSETS
Current Assets
Cash
$
55,402
$
46,585
Petty Cash
1,500
1,500
Prepaid Expenses
-
-
56,902
48,085
Property and Equipment, net
35,516
68,123
Other Assets
Intangible Assets
1,135,175
1,202,807
Security Deposit
13,507
16,502
1,148,682
1,219,309
Total Assets
$
1,241,100
$
1,335,517
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts Payable and accrued liabilities
$
13,272
$
25,037
Accounts Payable and accrued liabilities - Related Party
6,400
8,000
Note payable
155,000
90,000
Total Current Liabilities
174,672
123,037
Commitments and Contingencies
$
-
$
-
Stockholders' Equity
Common Stock, $0.0001 par value; authorized
650,000,000 shares, issued and outstanding were
329,133,664 on May 31, 2017 and 273,433,664 shares outstanding on August 31, 2016
32,912
27,343
Additional Paid-In Capital
12,135,297
11,075,385
Accumulated deficit
(11,101,781)
(9,890,248)
Total Stockholders' Equity
1,066,428
1,212,480
10Q
Many pinks are trading with big runs without being current. Unlike many others there are real products about to hit the market. This company has a first shot at disrupting the wind energy field. Already best in class, no real competition. So we are at the beginning of the real growth. Certification should be almost finished. That PR will send this up fast. This is going to surprise a lot of people who have been a little skeptical IMO. I just bought more.
Total Liabilities and Stockholders' Equity
$
1,241,100
$
1,335,517
The accompanying notes are an integral part of these financial statements.
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