Fiscal year ended August 31, 2016 On June 25, 2016, Equitas Group LLC converted $46,350 of debt to 13,434,350 shares of common stock On July8, 2016 EROP Capital LLC converted $75,000 of debt to 15,000,000 shares of common stock As of August 31, 2016 the Company had 165, 524,820 common shares issued and outstanding.
Quarter ended February 28, 2017 On November 15, 2016 Jerry Niblett purchased 15,000,000 shares of 144 restricted shares of restricted stock at a value of $0.005 per share. On November 21, 2016, David Malley purchased 11,000,000 shares of 144 restricted stock at a value of $0.005 per share. On February 27, 2016 Equitas Group LLC converted $329,889 into 16,494,450 shares of common stock at $0.02 per share retiring their convertible debenture loan with the Company.