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Statements of Cash Flows (USD $)
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12 Months Ended | |
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Aug. 31, 2014
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Aug. 31, 2013
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| Operating Activities | ||
| Net loss | $ (652,206)us-gaap_ProfitLoss | $ (45,338)us-gaap_ProfitLoss |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation expense | 129,081us-gaap_Depreciation | 0us-gaap_Depreciation |
| Amortization of deferred financing costs | 26,443us-gaap_AmortizationOfDeferredCharges | 0us-gaap_AmortizationOfDeferredCharges |
| Changes in operating assets and liabilities: | ||
| Prepaid expense | (19,307)us-gaap_IncreaseDecreaseInPrepaidExpense | 0us-gaap_IncreaseDecreaseInPrepaidExpense |
| Accrued interest and other | 157,109us-gaap_IncreaseDecreaseInOtherAccruedLiabilities | 11,544us-gaap_IncreaseDecreaseInOtherAccruedLiabilities |
| Due to related parties | 212,620us-gaap_IncreaseDecreaseInDueToRelatedParties | 0us-gaap_IncreaseDecreaseInDueToRelatedParties |
| Net cash used in operating activities | (146,260)us-gaap_NetCashProvidedByUsedInOperatingActivities | (33,794)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Investing Activities | ||
| Escrow deposits used for purchase of properties | (14,940)fil_EscrowDepositsUsedForPurchaseOfProperties | 0fil_EscrowDepositsUsedForPurchaseOfProperties |
| Purchase of building and improvements | (21,867,065)us-gaap_PaymentsForCapitalImprovements | 0us-gaap_PaymentsForCapitalImprovements |
| Net cash used in investing activities | (21,882,005)us-gaap_NetCashProvidedByUsedInInvestingActivities | 0us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Financing Activities | ||
| Proceeds from issuance of common shares | 0us-gaap_ProceedsFromIssuanceOfCommonStock | 25,000us-gaap_ProceedsFromIssuanceOfCommonStock |
| Proceeds from convertible debenture due to related party | 7,468,142us-gaap_ProceedsFromConvertibleDebt | 0us-gaap_ProceedsFromConvertibleDebt |
| Proceeds from note payable to shareholder | 345,053fil_ProceedsFromNotePayableToShareholder | 0fil_ProceedsFromNotePayableToShareholder |
| Payment on note payable to shareholder | (306,858)us-gaap_RepaymentsOfNotesPayable | 0us-gaap_RepaymentsOfNotesPayable |
| Proceeds from note payable | 15,060,000us-gaap_ProceedsFromNotesPayable | 0us-gaap_ProceedsFromNotesPayable |
| Payment of deferred financing costs | (335,986)fil_PaymentOfDeferredFinancingCosts | 0fil_PaymentOfDeferredFinancingCosts |
| Dividends paid | (42,620)us-gaap_Dividends | 0us-gaap_Dividends |
| Net cash provided by financing activities | 22,187,731us-gaap_NetCashProvidedByUsedInFinancingActivities | 25,000us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Net increase (decrease) in cash | 159,466us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect | (8,794)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect |
| Cash and cash equivalents at beginning of period | 3,519us-gaap_CashAndCashEquivalentsAtCarryingValue | 12,313us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | 162,985us-gaap_CashAndCashEquivalentsAtCarryingValue | 3,519us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Supplemental disclosures of cash flow information | ||
| Interest paid | 117,079us-gaap_InterestPaid | 0us-gaap_InterestPaid |
| Income taxes paid | 0us-gaap_IncomeTaxesPaidNet | 0us-gaap_IncomeTaxesPaidNet |
| Supplemental disclosures of non-cash information | ||
| Conversion of debt to common shares | $ 2,932,040us-gaap_DebtConversionConvertedInstrumentAmount1 | $ 0us-gaap_DebtConversionConvertedInstrumentAmount1 |
| X | ||||||||||
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- Definition
Escrow deposits used for purchase of properties No definition available.
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- Definition
Payment of deferred financing costs No definition available.
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- Definition
The cash inflow from a borrowing supported by a written promise to pay an obligation. No definition available.
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- Details
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| X | ||||||||||
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- Definition
The amount of amortization of deferred charges applied against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations to be paid to the following types of related parties: a parent company and its subsidiaries; subsidiaries of a common parent; an entity and trust for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entities' management; an entity and its principal owners, management, or member of their immediate families; affiliates; or other parties with the ability to exert significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The increase (decrease) during the reporting period in other expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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| X | ||||||||||
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- Definition
The cash outflow for acquisition of or capital improvements to properties held for investment (operating, managed, leased) or for use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from the issuance of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow for a borrowing supported by a written promise to pay an obligation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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