Transition report pursuant to Rule 13a-10 or 15d-10

CONSOLIDATED STATEMENTS OF OPERATIONS

v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
2 Months Ended 10 Months Ended
Oct. 31, 2013
Aug. 31, 2014
Aug. 31, 2013
Revenue      
Natural gas and oil revenue $ 0 $ 0 $ 0
Cost of revenue      
Natural gas and oil operating costs 0 0 0
Depletion 0 0 0
Total cost of revenue 0 0 0
Gross profit (loss) 0 0 0
Expenses      
Accounting and audit 40,450 47,448 40,450
Insurance 6,947 5,777 5,154
Advertising and promotions 8,194 91,683 5,938
Bank charges and exchange (gain)loss (19,211) (29,058) (5,984)
Stock Based Compensation 21,279 97,002 21,279
Consulting 196,706 847,660 157,891
Fees and Dues 26,909 41,398 23,262
Interest expense from loan payable 267,357 165,790 227,352
Investor relation 0 2,738 0
Legal and professional 18,679 11,511 18,399
Office and miscellaneous 6,755 11,625 6,643
Rent 20,771 54,438 13,016
Telephone 7,170 4,375 5,602
Taxes 6,055 5,248 6,055
Travel 18,448 50,400 13,270
Medical marijuana license application 0 151,306 0
Write-off of oil and gas property 0 0 0
Total operating expenses 626,509 1,559,341 538,327
(Loss) from continuing operations (626,509) (1,559,341) (538,327)
Income (loss) from discontinued operations 282,958 (1,698,371) 235,959
Net (loss) for the period $ (343,551) $ (3,257,712) $ (302,368)
Basic and diluted (loss) per share $ (0.02) $ (0.14) $ (0.02)
(Loss) from continuing operations $ (0.04) $ (0.07) $ (0.03)
Income (loss) from discontinued operations $ 0.02 $ (0.14) $ 0.01
Weighted average number of common shares outstanding      
- Basic and diluted 16,431,452 23,369,040 16,431,452