Annual report pursuant to Section 13 and 15(d)

Notes Receivable and Convertible Notes Payable (Tables)

v3.19.3
Notes Receivable and Convertible Notes Payable (Tables)
12 Months Ended
Aug. 31, 2019
Notes Receivable and Convertible Notes Payable (Tables)  
Notes Payable

 

 

August 31,

2019

 

Related Party Notes:

 

Mike Winterhalter

 

25,000

 

Mike Winterhalter

 

25,000

 

Mike Winterhalter

 

20,000

 

Mike Winterhalter

 

20,000

 

Mike Winterhalter

 

10,000

 

Mike Winterhalter

 

10,000

 

Less current maturities

 

(25,000

)

Long-term maturities

 

85,000

 

Unamortized Discount

 

(329

)

 

$

84,671

 

Subsequent of notes payable

 

 

August 31,

2018

 

Julie Cameron Down Revocable Trust

 

$

25,000

 

Related Party Notes:

 

Mike Winterhalter

 

25,000

 

Less current maturities

 

-

 

Long-term maturities

 

50,000

 

Unamortized Discount

 

(4,253

)

 

$

45,747

 

Maturities of convertible notes payable

2020

 

$

25,000

 

2021

 

25,000

 

2022

 

60,000

 

$

110,000