Dominovas Energy (DNRG) 10-K/A 18 Dec 15 2015 FY Annual report (amended) Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Aug. 31, 2015	Feb. 28, 2014
Document and Entity Information
Entity Registrant Name	DOMINOVAS ENERGY CORPORATION
Entity Trading Symbol	DNRG
Document Type	10-K
Document Period End Date	Aug. 31, 2015
Amendment Flag	false
Entity Central Index Key	1,343,254
Current Fiscal Year End Date	--08-31
Entity Common Stock, Shares Outstanding	173,525,485
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Public Float		$ 10,146,400

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Aug. 31, 2015	Aug. 31, 2014
Current assets
Cash	$ 64,157	$ 5,096
Prepaids	0	16,531
TOTAL CURRENT ASSETS	64,157	21,627
Prepaids - non current	15,410	15,410
TOTAL ASSETS	79,567	37,037
Current liabilities
Accounts payable	443,310	215,727
Accrued liabilities	577,576	229,038
Convertible debt	627,349	0
Notes payable	75,000	50,000
TOTAL CURRENT LIABILITIES	1,723,235	494,765
Lease inducement	72,821	51,640
Total liabilities	1,796,056	546,405
Stockholders' deficit
Common stock $0.001 par value, 700,000,000 common shares authorized, 169,106,668 issued and outstanding at August 31, 2015 and 90,527,200 at August 31, 2014	169,104	90,525
Additional paid in capital	11,931,347	5,955,334
Accumulated deficit	(13,816,940)	(6,555,227)
TOTAL STOCKHOLDERS' DEFICIT	(1,716,489)	(509,368)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 79,567	$ 37,037

Consolidated Balance Sheets Par

Consolidated Balance Sheets Parentheticals - $ / shares	Aug. 31, 2015	Aug. 31, 2014
Parentheticals
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	700,000,000	700,000,000
Common Stock, shares issued	169,106,668	90,527,200
Common Stock, shares outstanding	169,106,668	90,527,200

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
EXPENSES
Advertising and marketing	$ 16,510	$ 4,540
Audit and accounting fees	18,324	60,120
Consulting fees	198,250	43,750
Directors' fees	0	25,000
Financing fees	37,500	0
Foreign exchange loss	0	4,087
Interest expense	8,098	16,712
Investor communications and transfer agent	36,090	11,711
Legal fees	65,950	208,659
Office and general administration	285,875	101,812
Salaries and management fees	3,297,365	217,000
Travel and entertainment	66,065	70,341
Loss before other items	(4,030,027)	(763,732)
OTHER ITEMS
Gain on settlement of debt	0	140,000
Change in fair value of convertible debt	(3,231,686)	0
Write-off of intangible assets	0	(513,652)
Write-off of investments	0	(208,788)
LOSS AND COMPREHENSIVE LOSS	$ (7,261,713)	$ (1,346,172)
Net loss per share - basic and diluted	$ (0.07)	$ (0.01)
Weighted average number of shares outstanding - basic and diluted	100,298,324	92,748,439

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficit - USD ($)	Common Stock Number of Shares	Common Stock Amount	Additional Paid-in Capital	Obligation to Issue Shares	Accumulated Deficit	Total
BALANCE at Aug. 31, 2013	33,944,068	33,942	150,000	4,818,940	(5,359,055)	(356,173)
Stock issued for cash	4,828,866	4,829	0	169,988	0	174,817
Stock issued under debt conversion	3,000,000	3,000	0	72,000	0	75,000
Stock issued for services	4,250,000	4,250	0	38,250	0	42,500
Stock issued for acquisition of Pro Eco	4,000,000	4,000	0	194,788	0	198,788
Cancellation of stock	(4,495,734)	(4,496)	0	4,496	0	0
Forgiveness of obligation to issue stock		$ 0	$ (150,000)	$ 0	$ 150,000	$ 0
Stock issued for acquisition of Dominovas Energy LLC	45,000,000	45,000	0	405,000	0	450,000
Gain on forgiveness of related party debt		$ 0	$ 0	$ 251,872	$ 0	$ 251,872
Net loss		$ 0	$ 0	$ 0	$ (1,346,172)	$ (1,346,172)
BALANCE at Aug. 31, 2014	90,527,200	90,525	0	5,955,334	(6,555,227)	(509,368)
Stock issued for cash	2,564,989	2,565	0	72,092	0	74,657
Stock issued under debt conversion	44,314,479	44,314	0	3,100,621	0	3,144,935
Stock issued for services	31,700,000	31,700	0	2,803,300	0	2,835,000
Net loss		$ 0	$ 0	$ 0	$ (7,261,713)	$ (7,261,713)
BALANCE at Aug. 31, 2015	169,106,668	169,104	0	11,931,347	(13,816,940)	(1,716,489)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Cash flows used in operating activities
Net loss	$ (7,261,713)	$ (1,346,172)
Non-cash items
Financing costs	37,500	0
Interest Expense	8,098	11,711
Lease inducement	21,181	51,640
Gain on settlement of debt	0	(140,000)
Change in fair value of convertible debt	3,231,686	0
Stock and convertible debt issued for services	3,000,000	42,500
Write-down of investment	0	208,788
Write-off of intangible asset	0	513,652
Changes in operating assets and liabilities
Prepaids	16,531	(28,785)
Accounts payable and accrued liabilities	576,121	477,021
Net cash used in operating activities	(370,596)	(209,645)
Cash flows from financing activities
Repayment of bank overdraft	0	(76)
Convertible debt	330,000	0
Notes payable	25,000	50,000
Issuance of common stock	74,657	174,817
Net cash provided by financing activities	429,567	224,741
Cash flows used in investing activities
Investment in Pro Eco	0	(10,000)
Net cash used in investing activities	0	(10,000)
Net increase in cash	59,061	5,096
Cash, beginning	5,096	0
Cash, ending	64,157	5,096
Non-cash financing and investing activities
Forgiveness of debt	0	140,000
Loans converted to common shares	3,144,935	75,000
Issuance of stock for acquisition of Dominovas Energy LLC	0	450,000
Issuance of stock for acquisition of Pro Eco	$ 0	$ 198,788

ORGANIZATION AND NATURE OF OPER

ORGANIZATION AND NATURE OF OPERATIONS	12 Months Ended
	Aug. 31, 2015
ORGANIZATION AND NATURE OF OPERATIONS
ORGANIZATION AND NATURE OF OPERATIONS	1. ORGANIZATION AND NATURE OF OPERATIONS Dominovas Energy Corporation (the "Company") was incorporated on February 2, 2005 under the laws of the State of Nevada and is in the business of developing fuel cell and alternative energy projects. On November 29, 2013, the Company acquired 41% of Pro Eco Energy Ltd. (“Pro Eco”) in exchange for 4,000,000 of the Company’s common shares. Pro Eco is a private company located in Summerland, B.C, Canada in the business of providing energy efficient heating, ventilation and air conditioning (“HVAC”) systems for commercial. On December 2, 2013, the Company entered into an agreement to acquire an additional 8.25% of Pro Eco. Subsequent to year end, the Company divested from Pro Eco (Note 3). On February 20, 2014, the Company acquired 100% of Dominovas Energy LLC. (the “Subsidiary”), which is developing a fuel cell system (Note 9). On February 24, 2014, the Subsidiary changed its name to Dominovas Technologies LLC (“Dominovas Technologies”). GOING CONCERN The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern. As of August 31, 2015, the Company has not achieved profitable operations and has accumulated a deficit of $13,816,490. Continuation as a going concern is dependent upon the ability of the Company to obtain the necessary financing to meet obligations and pay its liabilities arising from normal business operations when they come due and ultimately upon its ability to achieve profitable operations. The outcome of these matters cannot be predicted with any certainty at this time and raise substantial doubt that the Company will be able to continue as a going concern. These consolidated financial statements do not include any adjustments to the amounts and classification of assets and liabilities that may be necessary should the Company be unable to continue as a going concern. These adjustments could be material. Management intends to obtain additional funding by borrowing funds from its directors and officers, issuing promissory notes and convertible debt and/or a private placement of common stock.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Aug. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION AND CONSOLIDATION The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States of America and are presented in US dollars. The consolidated financial statements include the accounts of Dominovas Energy Corporation and its wholly-owned subsidiary, Dominovas Technologies. On consolidation, all intercompany balances and transactions are eliminated. USE OF ESTIMATES AND ASSUMPTIONS The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis from making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. FOREIGN CURRENCY TRANSLATION Foreign denominated monetary assets and liabilities are translated into their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Revenues and expenses are translated at average rates of exchange during the period. Related translation adjustments as well as gains or losses resulting from foreign currency transactions are reported as a component of general and administrative expenses on the consolidated statement of operations. FOREIGN CURRENCY TRANSLATION The Company uses the temporal method to translate the accounts of its integrated operations into US dollars. Monetary assets and liabilities are translated at the exchange rates in effect at the balance sheet date. Non-monetary assets and liabilities are translated at historical rates. Revenues and expenses are translated at average rates for the period, except for amortization, which is translated on the same basis as the related asset. The resulting exchange gains or losses are recognized in net loss. FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES ASC 820, "Fair Value Measurements and Disclosures" ("ASC 820"), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1: Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2: Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3: Level 3 applies to assets or liabilities for which there are no observable inputs to the valuation methodology that are relevant to the measurement of the fair value of the assets or liabilities. The Company's financial instruments consist of cash, accounts payable, notes payable, and convertible debt. Pursuant to ASC 820, the fair value of cash and convertible notes are determined based on "Level 1" inputs. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations. INCOME TAXES Income tax expense is based on pre-tax financial accounting income. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carry forwards, and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. LOSS PER SHARE Basic loss per share is computed by dividing the net loss attributable to the common stockholders by the weighted average number of common shares outstanding during the reporting period. Diluted net income per common share includes the potential dilution that could occur upon exercise of the options, and convertible notes to acquire common stock computed using the treasury stock method which assumes that the increase in the number of shares is reduced by the number of shares which could have been repurchased by the Company with the proceeds from the exercise of the options, and convertible notes. RECENT ACCOUNTING PRONOUNCEMENTS The following are recent FASB accounting pronouncements, which may have an impact on the Company's future financial statements: In August 2014, the FASB issued ASU No. 2014-15, “ Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

INTEREST IN PRO ECO ENERGY

INTEREST IN PRO ECO ENERGY	12 Months Ended
	Aug. 31, 2015
INTEREST IN PRO ECO ENERGY
INTEREST IN PRO ECO ENERGY	3. INTEREST IN PRO ECO ENERGY On November 29, 2013, the Company acquired 41% of Pro Eco in exchange for 4,000,000 of the common shares with a fair value of $198,788 (Note 5). On December 2, 2013, the Company entered into an agreement with Enertopia Corp. ("Enertopia") to acquire an additional 8.25% of Pro Eco in exchange for $40,000 (unpaid). The Company was accounting for the investment using the cost method as the Company is not able to exercise significant influence over Pro Eco. During the year ended August 31, 2014, the Company reduced the carrying value of the investment to $Nil and, subsequent to August 31, 2015, management divested of Pro Eco Energy.

CONVERTIBLE DEBT

CONVERTIBLE DEBT	12 Months Ended
	Aug. 31, 2015
CONVERTIBLE DEBT
CONVERTIBLE DEBT	4. CONVERTIBLE DEBT The following transactions occurred during the year ended August 31, 2015: a) On October 27, 2014, the Company issued a convertible note in the amount of $165,000 in exchange for consulting services rendered. The note is non-interest bearing, due on October 27, 2015, and is unsecured. The loan may be converted into the Company's common stock, at a conversion price for each share equal to the lowest closing bid price for the common stock for the thirty trading days ending on the trading day immediately before the conversion date multiplied by 50% at any time after April 28, 2015. During the year ended August 31, 2015, $106,650 was converted into 43,314,479 common shares of the Company. As at August 31, 2015, the principal remaining of this note was $58,250 with a fair value of $128,806. b) On March 19, 2015, the Company entered into an agreement for two convertible notes in the amount of $26,500 each. The first note was issued in March 2015, for proceeds of $25,000 (net of $1,500 of financing fees), bears interest at 8%, and is due on March 19, 2016. The second note was paid for by the issuance of an offsetting $26,500 secured note issued to the Company. The second $26,500 note was issued and received in cash on November 13, 2015. The lender may convert the entire loan amount into shares of the Company's common stock, at a conversion price for each share equal to the lowest closing bid price for the common stock for the twenty trading days ending on the trading day immediately before the conversion date multiplied by 50% at any time. The first note is convertible into shares after the second note has been received by the Company. The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 30 days 118% of principal plus accrued interest 31 – 60 days 124% of principal plus accrued interest 61 – 90 days 130% of principal plus accrued interest 91 – 120 days 136% of principal plus accrued interest 121 – 150 days 142% of principal plus accrued interest 151 – 180 days 148% of principal plus accrued interest During the year ended August 31, 2015, $958 of interest was accrued on this loan. The fair value of the loan as at August 31, 2015, determined based on the amount the Company would settle the note by prepayment, was $40,178. Subsequent to year end, the Company issued 1,214,681 common stock on conversion of $26,500 of principal and $1,241 of accrued interest. c) On April 30, 2015, the Company issued a convertible unsecured note in the amount of $62,000 and a $7,000 financing fee was incurred with respect to this note. The note carries an interest rate of 12% (22% default rate), and is due on January 30, 2016. During the year ended August 31, 2015, $2,507 of interest was accrued on this loan. The fair value of the loan (including accrued interest) as at August 31, 2015 was $92,407. Subsequent to year end, the Company issued 3,204,136 common stock on conversion of $62,000 of principal convertible debt. d) On June 10, 2015, the Company issued a convertible unsecured note in the amount of $58,000 and a $8,000 financing fee was accrued with respect to this note. The note carries an interest rate of 12% (22% default rate), and is due on March 10, 2016. During the year ended August 31, 2015, $1,565 of interest was accrued on this loan. The fair value of the loan (including accrued interest) as at August 31, 2015 was $79,865. e) On July 6, 2015, the Company issued a convertible unsecured note in the amount of $85,500. $10,500 financing fees has been incurred with respect to this note. The note carries an interest rate of 12% (22% default rate), and is due on April 6, 2016. During the year ended August 31, 2015, $1,574 of interest was accrued on this loan. The fair value of the loan (including accrued interest) as at August 31, 2015 was $112,724. f) On July 10, 2015, the Company issued a convertible unsecured note in the amount of $85,500. $10,500 financing fee was incurred with respect to this note. The note carries an interest rate of 12% (22% default rate), and is due on May 10, 2016. During the year ended August 31, 2015, $590 of interest was accrued on this loan. The fair value of the loan (including accrued interest) as at August 31, 2015 was $107,465. The Company may prepay the loans c) – f) above up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 30 days 125% of principal plus accrued interest 31 – 60 days 130% of principal plus accrued interest 61 – 90 days 135% of principal plus accrued interest 91 – 120 days 140% of principal plus accrued interest 121 – 150 days 145% of principal plus accrued interest 151 – 180 days 150% of principal plus accrued interest The loans c) – f) above may be converted into shares of the Company's common stock, at a conversion price for each share equal to the average of the three lowest closing bid prices for the common stock for the ten trading days ending on the trading day immediately before the conversion date multiplied by 50% at any time after each respective maturity date. As the value of the shares under the conversion option is greater than the face value of the debt, the Company has recognized the lesser of the amount if it can settle the note by prepayment and the value of the shares issuable on conversion. g) On June 30, 2015, the Company issued a convertible unsecured note in the amount of $50,000. The note carries an interest rate of 10% (18% default rate), and is due on March 26, 2016. The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 60 days 125% of principal plus accrued interest 61 – 120 days 130% of principal plus accrued interest 121 – 180 days 135% of principal plus accrued interest The lender may convert the entire loan amount into shares of the Company's common stock, at a conversion price for each share equal to the three (3) lowest closing bid prices for the common stock for the ten trading days ending on the trading day immediately before the conversion date multiplied by 65%. During the year ended August 31, 2015, $904 of interest was accrued on this loan. The fair value of the loan (including accrued interest) as at August 31, 2015, was determined based on the amount the Company would settle the note by prepayment, was $65,904. The following transactions occurred during the year ended August 31, 2014: On May 22, 2013, the Company entered into an agreement whereby a convertible debenture (the “Debenture"), in the amount of $140,000, was issued. On February 11, 2014, the Debenture holder agreed to cancel the Debenture and waived any and all obligation of the Company to pay the debenture or issue the shares. As a result, a gain on the forgiveness of the debenture of $140,000 and a charge against deficit on the forgiveness of the obligation to issue shares of $150,000 has been recognized for the year ended August 31, 2014.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Aug. 31, 2015
COMMON STOCK
COMMON STOCK	5. COMMON STOCK Authorized: 700,000,000 common shares. Issued and outstanding: 169,106,688 common shares. On August 14, 2015, the Board of Directors of the Company (“Board of Directors”) approved an increase in Authorized shares to 700,000,000 shares from 200,000,000 shares and the Preferred Stock Amendment (collectively the “Actions”), recommending to the majority shareholders that they approve the Actions. On August 14, 2015, the majority shareholders approved the Actions. The Company has a stock option plan (the “2010 Plan”) allowing the Company's directors to grant up to 5,000,000 stock options. The 2010 Plan allows the Company to grant options to its officers, directors and employees. In addition, the Company may grant options to individuals who act as consultants to the Company. Pursuant to the terms and conditions of the 2010 Plan, the exercise price for the stock options must be no less than: 100% of the fair market value of the common stock on the date of grant for participants that hold less than 10% of the Company's outstanding common stock; and 110% of the fair market value of the common stock on the date of grant for participants that hold 10% or more of the Company's outstanding common stock. Options will vest at the discretion of the plan administrator. As of August 31, 2015 and 2014 no options had been granted. During the year ended August 31, 2015, the Company had the following share transactions: a) Issued 18,100,000 shares to Neal Allen, Chairman and CEO for management fees, valued at $1,629,000; b) Issued 8,500,000 shares to Michael Watkins, COO for management fees, valued at $765,000; c) Issued 4,500,000 shares to Spero Plavoukos, a director of the Company for management fees, valued at $405,000; d) Issued 500,000 shares for corporate finance consulting fees, valued at $30,000; e) Issued 100,000 shares for legal fees, valued at $6,000. f) Issued 126,000 shares at $0.25 per share for gross proceeds of $31,500; g) Issued 80,000 shares at $0.15 per share for gross proceeds of $12,000; h) Issued 6,667 shares at $0.30 per share for gross proceeds of $2,000; i) Issued 8,572 shares at $0.35 per share for gross proceeds of $3,000. j) Issued 2,343,750 shares for gross proceeds of $26,157, valued at $0.01 per share. k) Issued 5,000,000 shares with a fair value of $373,200 to extinguish convertible debt of $16,750; l) Issued 611,177 shares with a fair value of $51,950 to extinguish convertible debt of $12,224; and m) Issued 38,703,302 shares with a fair value of $2,719,785 to extinguish convertible debt of $77,776. During the year ended August 31, 2014, the Company has the following share issuances: a) On December 1, 2013, the Company issued 1,000,000 shares to a director of the Company for consulting services rendered. The fair value of the shares is $10,000. b) On December 1, 2013, the Company issued 1,000,000 shares to a director of the Company for consulting services rendered. The fair value of the shares is $10,000. c) On December 1, 2013, the Company issued 2,250,000 shares to directors of the Company for directors’ fees. The fair value of the shares is $22,500. d) On December 6, 2013, the Company issued 3,016,666 shares at $0.01 per share for gross proceeds of $30,167. e) On December 15, 2013, the Company issued the 4,000,000 shares for the acquisition of 41% of Pro Eco. The estimated fair value of the shares on issuance was $198,788 (Note 3). f) On December 20, 2013, the Company issued 3,000,000 shares to settle debt of $75,000 owing to an officer of the Company and to the President and CEO of the Company. The fair value of the shares was $30,000. The gain on the settlement of the debt of $45,000 has been recorded as additional paid in capital. g) On January 22, 2014, the Company issued 1,285,000 shares at $0.01 per share for gross proceeds of $12,850. h) On February 20, 2014, the Company acquired 100% of Dominovas Energy LLC in exchange for 45,000,000 of the Company’s common shares. The estimated fair value of the shares on issuance was $450,000 (Note 9). i) On February 20, 2014, a director of the Company cancelled 4,495,734 shares owned by the President and CEO of the Company. j) On May 15, 2014, the Company issued 467,200 shares at $0.25 per share for gross proceeds of $116,800. k) On August 31, 2014, the Company issued 60,000 shares at $0.25 per share for gross proceeds of $15,000.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Aug. 31, 2015
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	6. RELATED PARTY TRANSACTIONS Amounts due to related parties at August 31, 2015 and 2014 included in accrued liabilities: August 31, 2015 August 31, 2014 Due to the President, Chief Executive Officer and Director $ 215,879 $ 96,830 Due to the Chief Operating Officer 129,329 63,329 Due to the former Executive Vice President of Business Operations 93,506 37,517 Due to the Executive Vice President of Fuel Cell Operations 116,833 9,333 Due to the Director 22,029 22,029 $ 577,576 $ 229,038 The amounts are unsecured, non-interest bearing and due on demand. During the years ended August 31, 2015 and 2014, the Company incurred the following expenses with related parties: August 31, 2015 August 31, 2014 Salary incurred to the President, Chief Executive Officer and director $ 177,000 $ 88,500 Salary incurred to the Chief Operating Officer 112,000 52,000 Salary incurred to the former Executive Vice President of Business Operations 63,938 46,500 Salary incurred to the Executive Vice President of Fuel Cell Operations 104,000 30,000 18,100,000 shares issued for management fees to the President, Chief Executive Officer and director 1,629,000 - 8,500,000 shares issued for management fees to the Chief Operating Officer 765,000 - 4,500,000 shares issued for management fees to a director 405,000 - Consulting fees incurred to a former director - 23,000 Accounting fees incurred to a former director - 23,514 $ 3,255,938 $ 263,514 As of August 31, 2015, the Company owed notes payable of $75,000 (2014 - $50,000) to a former director of the Company. The notes are non-interest bearing, unsecured and due on demand.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Aug. 31, 2015
INCOME TAXES
INCOME TAXES	7. INCOME TAXES As of August 31, 2015, the Company had accumulated non-capital loss carry-forwards of approximately $9,334,000. These losses are available to reduce taxable income in future taxation years and expire between 2031-2035 after a carry-forward period of 20 years. The Company is required to compute the deferred tax benefits from non-capital loss carrying-forwards. However, due to the uncertainty of realization of these loss carry-forwards, a full valuation allowance has been provided against this deferred tax asset. August 31, 2015 August 31, 2014 Net loss $ (7,261,713 ) $ (1,346,172 ) Statutory tax rate 35 % 35 % Expected income tax recovery (2,542,000 ) (471,160 ) Non-deductible meals and entertainment 2,000 - Other 1,145,000 192,556 Change in valuation allowance 1,395,000 278,604 Income tax recovery $ - $ - At August 31, 2015 and 2014, the components of the deferred tax asset, the statutory tax rate, the effective tax rate and the elected amount of the valuation allowance are shown below: August 31, 2015 August 31, 2014 Non-capital losses $ 9,288,000 $ 5,303,000 Statutory tax rate 35 % 35 % Total deferred tax assets 3,251,000 1,856,000 Unrecognized deferred tax assets (3,251,000 ) (1,856,000 ) Net deferred tax assets $ - $ -

COMMITMENTS

COMMITMENTS	12 Months Ended
	Aug. 31, 2015
COMMITMENTS
COMMITMENTS	8. COMMITMENTS The Company entered into a lease agreement for a term of five years ending October 31, 2019. Under the agreement, the Company is committed to the following rent payments: Dates Annual Amount September 1, 2015 to August 31, 2016 $ 164,506 September 1, 2016 to August 31, 2017 169,441 September 1, 2017 to August 31, 2018 174,524 September 1, 2018 to August 31, 2019 179,760 September 1, 2019 to October 31, 2019 30,160 Total $ 718,391 Under the agreement, the Company also had to incur $125,000 in leasehold improvements by September 30, 2014. As of the date of these financial statements, the Company has not yet incurred the required expenditures and the lease is in default. On March 1, 2014, the Company entered into an employment agreement with the President and Chief Executive Officer of the Company. Under the agreement, the Company will pay an annual salary of $177,000 for 18 months with a 25% increase after 18 months. The agreement will be in effect for 3 years. On March 1, 2014, the Company entered into an employment agreement with the Chief Operating Officer of the Company. Under the agreement, the Company will pay an annual salary of $104,000 for 18 months with a 25% increase after 18 months. The agreement will be in effect for 3 years. On March 1, 2014, the Company entered into an employment agreement with the former Executive Vice President of Business Operations of the Company. Under the agreement, the Company will pay an annual salary of $93,000 for 18 months with a 25% increase after 18 months. This agreement was terminated during the year ended August 31, 2015. As at August 31, 2015, the Company has accrued $93,505 (Note 6), and has no further commitment under this agreement. On March 1, 2014, the Company entered into an employment agreement with the Executive Vice President of Fuel Cell Operations of the Company. Under the agreement, the Company will pay an annual salary of $112,000. The agreement will be in effect for 5 years.

ACQUISITION OF DOMINOVAS ENERGY

ACQUISITION OF DOMINOVAS ENERGY LLC	12 Months Ended
	Aug. 31, 2015
ACQUISITION OF DOMINOVAS ENERGY LLC
ACQUISITION OF DOMINOVAS ENERGY LLC	9. ACQUISITION OF DOMINOVAS ENERGY LLC On February 20, 2014, the Company acquired 100% of Dominovas Technologies by issuing 45,000,000 of its common stock with a fair value of $450,000. At the date of the acquisition, Dominovas Technologies had net liabilities of $63,652 and the Company recognized goodwill of $513,652 on the acquisition. As Dominovas Technologies has not commenced operations or earned any revenues to date, management has determined goodwill to be impaired and has written off the entire amount as of August 31, 2014.

RESTATEMENT OF PRIOR YEAR FINAN

RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS TEXT BLOCK	12 Months Ended
	Aug. 31, 2015
RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS TEXT BLOCK:
RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS TEXT BLOCK	10. RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS During the preparation of the financial statements for the year ended August 31, 2014, management identified a potential default in a lease agreement which indicated that the Company would permanently cease to use the premises; therefore an accrual was made to recognize the losses under the onerous contract. Subsequent to the year ended August 31, 2014, it was determined that the accrual was unnecessary as the Company has not abandoned the lease and are still using the premises. A lease inducement has also been recognized, representing rental discount received during the year. During the preparation of the financial statements for the year ended August 31, 2014, management used the equity method to account for its investment in Pro Eco (Note 3); however, because management does not exert significant influence, management subsequently determined that the cost method would be more appropriate. The net effect of these adjustments are that assets decreased by $192,906 and liabilities decreased by $800,441 which lead to a $607,535 decrease in net loss. As previously reported Change Restated Consolidated Balance Sheet: Investment in Pro Eco $ 192,906 $ (192,906 ) $ - Total Assets $ 229,943 $ (192,906 ) $ 37,037 Accrued liabilities $ 1,015,031 $ (852,081 ) $ 162,950 Lease inducement $ - $ 51,640 $ 51,640 Total Liabilities $ 1,346,846 $ (800,441 ) $ 546,405 Stockholder’s Deficit $ (7,162,762 ) $ 607,535 $ (6,555,227 ) Consolidated Statement of Operations: Investment write-off $ - $ 208,788 $ 208,788 Loss on equity investment $ 15,882 $ (15,882 ) $ - Office and general administration $ 902,253 $ (800,441 ) $ 101,812 Net Loss $ (1,953,708 ) $ 607,356 $ (1,346,172 ) Loss per share (0.03 ) 0.01 (0.01 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Aug. 31, 2015
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	11. SUBSEQUENT EVENTS a) On September 11, 2015, the Company issued a convertible unsecured note in the amount of $95,000 (including $9,000 of finance fees). The note carries an interest rate of 12% (22% default rate), and is due on June 11, 2016. The lender may convert the note at a conversion price equal to the average of the three lowest closing bid prices for the common stock for twenty trading days ending on the trading day immediately before conversion multiplied by 50% at any time after the maturity day. The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 30 days 125% of principal plus accrued interest 31 – 60 days 130% of principal plus accrued interest 61 – 90 days 135% of principal plus accrued interest 91 – 120 days 140% of principal plus accrued interest 121 – 150 days 145% of principal plus accrued interest 151 – 180 days 150% of principal plus accrued interest b) On September 29, 2015, the Company issued a convertible unsecured note in the amount of $150,000. The note carries an interest rate of 10% (18% default rate), and is due on March 29, 2016 (“Maturity Date”). The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty Any time before Maturity 150% of principal plus accrued interest The entire loan may be converted into shares of the Company's common stock, at a conversion price for each share equal to the three lowest closing bid prices for the common stock for the twenty trading days ending on the trading day immediately before the conversion date multiplied by 60% at any time after the Maturity Date. c) On November 17, 2015, the Company announced that it signed an agreement with a third party to invest up to $7,500,000 in the Company over the next 36 months to support ongoing day-to-day operations and other general corporate purposes by purchasing common stock of the Company. d) In November 2015, the Company issued a note for $26,500 (including $1,500 of finance fees) (Note 4). e) Subsequent to year-end, the Company issued 4,418,817 common shares on conversion of $88,500 of principal convertible debt and $1,241 of accrued interest (Note 4).

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	12 Months Ended
	Aug. 31, 2015
SIGNIFICANT ACCOUNTING POLICIES
BASIS OF PRESENTATION AND CONSOLIDATION	BASIS OF PRESENTATION AND CONSOLIDATION The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles (“GAAP”) in the United States of America and are presented in US dollars. The consolidated financial statements include the accounts of Dominovas Energy Corporation and its wholly-owned subsidiary, Dominovas Technologies. On consolidation, all intercompany balances and transactions are eliminated.
USE OF ESTIMATES AND ASSUMPTIONS	USE OF ESTIMATES AND ASSUMPTIONS The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis from making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
FOREIGN CURRENCY TRANSLATION	FOREIGN CURRENCY TRANSLATION Foreign denominated monetary assets and liabilities are translated into their United States dollar equivalents using foreign exchange rates which prevailed at the balance sheet date. Revenues and expenses are translated at average rates of exchange during the period. Related translation adjustments as well as gains or losses resulting from foreign currency transactions are reported as a component of general and administrative expenses on the consolidated statement of operations. The Company uses the temporal method to translate the accounts of its integrated operations into US dollars. Monetary assets and liabilities are translated at the exchange rates in effect at the balance sheet date. Non-monetary assets and liabilities are translated at historical rates. Revenues and expenses are translated at average rates for the period, except for amortization, which is translated on the same basis as the related asset. The resulting exchange gains or losses are recognized in net loss.
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES	FINANCIAL INSTRUMENTS AND FAIR VALUE MEASURES ASC 820, "Fair Value Measurements and Disclosures" ("ASC 820"), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. ASC 820 establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. ASC 820 prioritizes the inputs into three levels that may be used to measure fair value: Level 1: Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2: Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3: Level 3 applies to assets or liabilities for which there are no observable inputs to the valuation methodology that are relevant to the measurement of the fair value of the assets or liabilities. The Company's financial instruments consist of cash, accounts payable, notes payable, and convertible debt. Pursuant to ASC 820, the fair value of cash and convertible notes are determined based on "Level 1" inputs. The recorded values of all other financial instruments approximate their current fair values because of their nature and respective maturity dates or durations.
INCOME TAXES POLICY	INCOME TAXES Income tax expense is based on pre-tax financial accounting income. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. Deferred tax assets, including tax loss and credit carry forwards, and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred income tax expense represents the change during the period in the deferred tax assets and deferred tax liabilities. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized.
LOSS PER SHARE	LOSS PER SHARE Basic loss per share is computed by dividing the net loss attributable to the common stockholders by the weighted average number of common shares outstanding during the reporting period. Diluted net income per common share includes the potential dilution that could occur upon exercise of the options, and convertible notes to acquire common stock computed using the treasury stock method which assumes that the increase in the number of shares is reduced by the number of shares which could have been repurchased by the Company with the proceeds from the exercise of the options, and convertible notes.
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS The following are recent FASB accounting pronouncements, which may have an impact on the Company's future financial statements: In August 2014, the FASB issued ASU No. 2014-15, “ Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

SCHEDULE OF CONVERTIBLE DEBT (T

SCHEDULE OF CONVERTIBLE DEBT (Tables)	12 Months Ended
	Aug. 31, 2015
SCHEDULE OF CONVERTIBLE DEBT:
Schedule of prepay the loan with the following penalties	The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 30 days 118% of principal plus accrued interest 31 – 60 days 124% of principal plus accrued interest 61 – 90 days 130% of principal plus accrued interest 91 – 120 days 136% of principal plus accrued interest 121 – 150 days 142% of principal plus accrued interest 151 – 180 days 148% of principal plus accrued interest
Schedule of the Company may prepay the loans c) - f) above up to 180 days after its issuance with the penalties	The Company may prepay the loans c) – f) above up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 30 days 125% of principal plus accrued interest 31 – 60 days 130% of principal plus accrued interest 61 – 90 days 135% of principal plus accrued interest 91 – 120 days 140% of principal plus accrued interest 121 – 150 days 145% of principal plus accrued interest 151 – 180 days 150% of principal plus accrued interest
Schedule of the Company may prepay the loan up to 180 days after its issuance with the following penalties	The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 60 days 125% of principal plus accrued interest 61 – 120 days 130% of principal plus accrued interest 121 – 180 days 135% of principal plus accrued interest

SCHEDULE OF RELATED PARTY TRANS

SCHEDULE OF RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Aug. 31, 2015
SCHEDULE OF RELATED PARTY TRANSACTIONS
SCHEDULE OF RELATED PARTY TRANSACTIONS	Amounts due to related parties at August 31, 2015 and 2014 included in accrued liabilities: August 31, 2015 August 31, 2014 Due to the President, Chief Executive Officer and Director $ 215,879 $ 96,830 Due to the Chief Operating Officer 129,329 63,329 Due to the former Executive Vice President of Business Operations 93,506 37,517 Due to the Executive Vice President of Fuel Cell Operations 116,833 9,333 Due to the Director 22,029 22,029 $ 577,576 $ 229,038 The amounts are unsecured, non-interest bearing and due on demand. During the years ended August 31, 2015 and 2014, the Company incurred the following expenses with related parties: August 31, 2015 August 31, 2014 Salary incurred to the President, Chief Executive Officer and director $ 177,000 $ 88,500 Salary incurred to the Chief Operating Officer 112,000 52,000 Salary incurred to the former Executive Vice President of Business Operations 63,938 46,500 Salary incurred to the Executive Vice President of Fuel Cell Operations 104,000 30,000 18,100,000 shares issued for management fees to the President, Chief Executive Officer and director 1,629,000 - 8,500,000 shares issued for management fees to the Chief Operating Officer 765,000 - 4,500,000 shares issued for management fees to a director 405,000 - Consulting fees incurred to a former director - 23,000 Accounting fees incurred to a former director - 23,514 $ 3,255,938 $ 263,514

Schedule of components of Incom

Schedule of components of Income Tax (Tables)	12 Months Ended
	Aug. 31, 2015
Components of Income Tax
Schedule of Components of Income Taxes	The Company is required to compute the deferred tax benefits from non-capital loss carrying-forwards. However, due to the uncertainty of realization of these loss carry-forwards, a full valuation allowance has been provided against this deferred tax asset. August 31, 2015 August 31, 2014 Net loss $ (7,261,713 ) $ (1,346,172 ) Statutory tax rate 35 % 35 % Expected income tax recovery (2,542,000 ) (471,160 ) Non-deductible meals and entertainment 2,000 - Other 1,145,000 192,556 Change in valuation allowance 1,395,000 278,604 Income tax recovery $ - $ -
Schedule of components of deferred tax asset	At August 31, 2015 and 2014, the components of the deferred tax asset, the statutory tax rate, the effective tax rate and the elected amount of the valuation allowance are shown below: August 31, 2015 August 31, 2014 Non-capital losses $ 9,288,000 $ 5,303,000 Statutory tax rate 35 % 35 % Total deferred tax assets 3,251,000 1,856,000 Unrecognized deferred tax assets (3,251,000 ) (1,856,000 ) Net deferred tax assets $ - $ -

SCHEDULE OF COMMITMENTS (Tables

SCHEDULE OF COMMITMENTS (Tables)	12 Months Ended
	Aug. 31, 2015
SCHEDULE OF COMMITMENTS
Schedule of Rental Payments for Operating Leases	The Company entered into a lease agreement for a term of five years ending October 31, 2019. Under the agreement, the Company is committed to the following rent payments: Dates Annual Amount September 1, 2015 to August 31, 2016 $ 164,506 September 1, 2016 to August 31, 2017 169,441 September 1, 2017 to August 31, 2018 174,524 September 1, 2018 to August 31, 2019 179,760 September 1, 2019 to October 31, 2019 30,160 Total $ 718,391

SCHEDULE OF RESTATEMENT OF PRIO

SCHEDULE OF RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Aug. 31, 2015
SCHEDULE OF RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS
Schedule Of Restatement of Prior Year Financial Statements	As previously reported Change Restated Consolidated Balance Sheet: Investment in Pro Eco $ 192,906 $ (192,906 ) $ - Total Assets $ 229,943 $ (192,906 ) $ 37,037 Accrued liabilities $ 1,015,031 $ (852,081 ) $ 162,950 Lease inducement $ - $ 51,640 $ 51,640 Total Liabilities $ 1,346,846 $ (800,441 ) $ 546,405 Stockholder’s Deficit $ (7,162,762 ) $ 607,535 $ (6,555,227 ) Consolidated Statement of Operations: Investment write-off $ - $ 208,788 $ 208,788 Loss on equity investment $ 15,882 $ (15,882 ) $ - Office and general administration $ 902,253 $ (800,441 ) $ 101,812 Net Loss $ (1,953,708 ) $ 607,356 $ (1,346,172 ) Loss per share (0.03 ) 0.01 (0.01 )

SCHEDULE OF SUBSEQUENT EVENTS (

SCHEDULE OF SUBSEQUENT EVENTS (Tables)	12 Months Ended
	Aug. 31, 2015
SCHEDULE OF SUBSEQUENT EVENTS:
SCHEDULE OF SUBSEQUENT EVENTS	The Company may prepay the loan up to 180 days after its issuance with the following penalties: Number of days after issuance Penalty < 30 days 125% of principal plus accrued interest 31 – 60 days 130% of principal plus accrued interest 61 – 90 days 135% of principal plus accrued interest 91 – 120 days 140% of principal plus accrued interest 121 – 150 days 145% of principal plus accrued interest 151 – 180 days 150% of principal plus accrued interest

ORGANIZATION AND NATURE OF OP25

ORGANIZATION AND NATURE OF OPERATIONS (Details) - shares	Feb. 20, 2014	Dec. 02, 2013	Nov. 29, 2013
Organization and Nature of Operations Details
Acquired Pro Eco Energy Ltd., percent		8.25%	41.00%
Acquired Pro Eco Energy Ltd., in exchange for common shares			4,000,000
Acquired Dominovas Energy LLC., percent	100.00%

GOING CONCERN (Details)

GOING CONCERN (Details)	Aug. 31, 2015USD ($)
Going Concern:
Accumulated deficit	$ 13,816,490

INTEREST IN PRO ECO ENERGY (Det

INTEREST IN PRO ECO ENERGY (Details) - USD ($)	Dec. 02, 2013	Nov. 29, 2013
Interest in Pro Eco Energy Details
Acquired of Pro Eco Energy Ltd		41.00%
Acquired of Pro Eco Energy Ltd in exchange for common shares		4,000,000
Acquired additional of Pro Eco	8.25%
Acquired additional of Pro Eco in exchange (unpaid)	$ 40,000

CONVERTIBLE DEBT (Details)

CONVERTIBLE DEBT (Details) - USD ($)	12 Months Ended
	Aug. 31, 2015	Jul. 10, 2015	Jul. 06, 2015	Jun. 30, 2015	Jun. 10, 2015	Apr. 30, 2015	Mar. 19, 2015	Oct. 27, 2014	May. 22, 2013
Convertible transactions:
Issued convertible note								$ 165,000
Value converted	$ 106,650
Value converted into common shares	43,314,479
Principal remaining of this note	$ 58,250
Principal remaining of this note, fair value	128,806
Two convertible notes, value each							$ 26,500
First note issued (in March 2015) for proceeds							25,000
Financing fees							1,500
Second note issued and received in cash							$ 26,500
Interest accrued on this loan	958
Fair value of the loan	$ 40,178
Issued shares on conversion of principal and accrued interest	1,214,681
Conversion of principal amount	$ 26,500
Conversion of accrued interest amount	1,241
Issued convertible unsecured note		$ 85,500	$ 85,500	$ 50,000	$ 58,000	$ 62,000
Financing fee incurred		$ 10,500	$ 10,500		$ 8,000	$ 7,000
Interest rate		12.00%	12.00%	10.00%	12.00%	12.00%
Default rate		22.00%	22.00%	18.00%	22.00%	22.00%
Interest accrued on this loan	1,565
Fair value of the loan (including interest)	79,865
Interest accrued on this loan	1,574
Fair value of the loan (including interest)	112,724
Interest accrued on this loan	590
Fair value of the loan (including interest)	107,465
Interest accrued on this loan	904
Fair value of the loan (including interest)	65,904
Issued a convertible debenture									$ 140,000
Gain on the forgiveness of the debenture	140,000
Deficit on the forgiveness of the obligation to issue shares	$ 150,000

EQUITY TRANSACTIONS (Details)

EQUITY TRANSACTIONS (Details) - USD ($)	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014	Aug. 14, 2015
Equity transactions Details
Common shares authorized	700,000,000
Common shares issued and outstanding	169,106,688
Existing authorized shares			200,000,000
Increase in authorized shares from 200,00,000 to			700,000,000
Stock option plan allows directors grant options	5,000,000
Issued shares to Neal Allen for management fees	18,100,000
Issued shares to Neal Allen for management fees, value	$ 1,629,000
Issued shares to Michael Watkins for management fees	8,500,000
Issued shares to Michael Watkins for management fees, value	$ 765,000
Issued shares to Spero Plavoukos for management fees	4,500,000
Issued shares to Spero Plavoukos for management fees, value	$ 405,000
Issued shares for corporate finance consulting fees	500,000
Issued shares for corporate finance consulting fees, value	$ 30,000
Issued shares for legal fees	100,000
Issued shares for legal fees, value	$ 6,000
Issued shares at $0.25 per share for gross proceeds	126,000
Issued shares at $0.25 per share for gross proceeds of	$ 31,500
Issued shares at $0.15 per share for gross proceeds	80,000
Issued shares at $0.15 per share for gross proceeds of	$ 12,000
Issued shares at $0.30 per share for gross proceeds	6,667
Issued shares at $0.30 per share for gross proceeds of	$ 2,000
Issued shares at $0.35 per share for gross proceeds	8,572
Issued shares at $0.35 per share for gross proceeds of	$ 3,000
Issued shares for gross proceeds	2,343,750
Issued shares for gross proceeds of	$ 26,157
Issued shares for gross proceeds, per share	$ 0.01
Issued shares to extnguish convertible debt	611,177
Issued shares to extnguish convertible debt, fair value of shares	$ 51,950
Issued shares to extnguish convertible debt of value	$ 12,224
Issued shares to extnguish convertible debt	38,703,302
Issued shares to extnguish convertible debt, fair value of shares	2,719,785
Issued shares to extnguish convertible debt of value	$ 77,776
Issued shares to director for consulting services		1,000,000
Issued shares to director for consulting services, fair value of shares		$ 10,000
Issued shares to director for consulting services rendered		1,000,000
Issued shares to director for consulting services rendered, fair value of shares		$ 10,000
Issued shares to directors for director's fees		2,250,000
Issued shares to directors for director's fees, fair value of shares		$ 22,500
Issued shares at $0.01 per share for gross proceeds		3,016,666
Issued shares at $0.01 per share for gross proceeds of		$ 30,167
Issued shares for acquisition of Pro Eco		4,000,000
Issued shares for acquisition of Pro Eco, percent		41.00%
Issued shares to settle debt		3,000,000
Issued shares to settle debt, value of debt		$ 75,000
Issued shares to settle debt, fair value of shares		$ 30,000
Issued shares at $0.01 per share for gross proceeds		1,285,000
Issued shares at $0.01 per share for gross proceeds of		$ 12,850
Acquired Dominovas Energy LLC in exchange of shares		45,000,000
Acquired Dominovas Energy LLC in percent		100.00%
Acquired Dominovas Energy LLC, fair value of shares		$ 450,000
Shares cancelled by a director		4,495,734
Issued shares at $0.25 per share for gross proceeds		467,200
Issued shares at $0.25 per share for gross proceeds of		$ 116,800
Issued shares at $0.25 per share for gross proceeds		60,000
Issued shares at $0.25 per share for gross proceeds of		$ 15,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Aug. 31, 2015	Aug. 31, 2014
Related Party Transactions Details
Due to the President, Chief Executive Officer and Director	$ 215,879	$ 96,830
Due to the Chief Operating Officer	129,329	63,329
Due to the former Executive Vice President of Business Operations	93,506	37,517
Due to the Executive Vice President of Fuel Cell Operations	116,833	9,333
Due to the Director	22,029	22,029
Total Amounts due to related parties	$ 577,576	$ 229,038

RELATED PARTY TRANSACTIONS - Du

RELATED PARTY TRANSACTIONS - During the period (Details) - USD ($)	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Related Party Transactions - During the period
Salary incurred to the President, Chief Executive Officer and director	$ 177,000	$ 88,500
Salary incurred to the Chief Operating Officer	112,000	52,000
Salary incurred to the former Executive Vice President of Business Operations	63,938	46,500
Salary incurred to the Executive Vice President of Fuel Cell Operations	104,000	30,000
18,100,000 shares issued for management fees to the President, Chief Executive Officer and director	1,629,000	0
8,500,000 shares issued for management fees to the Chief Operating Officer	765,000	0
4,500,000 shares issued for management fees to a director	405,000	0
Consulting fees incurred to a former director	0	23,000
Accounting fees incurred to a former director	0	23,514
Total expenses with related parties	$ 3,255,938	$ 263,514

RELATED PARTY TRANSACTIONS - 32

RELATED PARTY TRANSACTIONS - During the period Parentheticals (Details) - shares	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Related Party Transactions - During the period Parentheticals
Issued shares for management fees to the President, Chief Executive Officer and director	18,100,000	18,100,000
Issued shares for management fees to the Chief Operating Officer	8,500,000	8,500,000
Issued shares for management fees to a director	4,500,000	4,500,000

RELATED PARTY TRANSACTIONS - No

RELATED PARTY TRANSACTIONS - Notes payable (Details) - USD ($)	Aug. 31, 2015	Aug. 31, 2014
RELATED PARTY TRANSACTIONS - Notes payable
Owed note payable to a former director	$ 75,000	$ 50,000

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details)	Aug. 31, 2015USD ($)
Income Taxes Narrative
Non-capital loss carry-forwards	$ 9,334,000

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Aug. 31, 2015	Aug. 31, 2014
Income Taxes Details
Net loss	$ (7,261,713)	$ (1,346,172)
Statutory tax rate	35.00%	35.00%
Expected income tax recovery	$ (2,542,000)	$ (471,160)
Non-deductible meals and entertainment	2,000	0
Other	1,145,000	192,556
Change in valuation allowance	1,395,000	278,604
Income tax recovery	$ 0	$ 0

INCOME TAXES - Deferred tax ass

INCOME TAXES - Deferred tax assets (Details) - USD ($)	Aug. 31, 2015	Aug. 31, 2014
INCOME TAXES - Deferred tax assets Details
Non-capital losses	$ 9,288,000	$ 5,303,000
Statutory tax rate	35.00%	35.00%
Total deferred tax assets	$ 3,251,000	$ 1,856,000
Unrecognized deferred tax assets	(3,251,000)	(1,856,000)
Net deferred tax assets	$ 0	$ 0

COMMITMENTS TRANSACTIONS (Detai

COMMITMENTS TRANSACTIONS (Details) - USD ($)	Aug. 31, 2015	Sep. 30, 2014	Mar. 01, 2014
COMMITMENTS TRANSACTIONS:
Rent payments Though October 2015	$ 13,374
Rent payments September 1, 2015 to August 31, 2016	164,506
Rent payments September 1, 2016 to August 31, 2017	169,441
Rent payments September 1, 2017 to August 31, 2018	174,524
Rent payments September 1, 2018 to August 31, 2019	179,760
Rent payments September 1, 2019 to October 31, 2019	30,160
Total	$ 718,391
Company also incurred lease hold improvements		$ 125,000
Company will pay an annual salary to President and Chief Executive Officer for 18 months with a 25% increase after 18 months			$ 177,000
Company will pay an annual salary to President and Chief operating Officer for 18 months with a 25% increase after 18 months			104,000
Company will pay an annual salary to former Executive Vice President of Business Operations for 18 months with a 25% increase after 18 months			93,000
Company entered into an employment agreement with the Executive Vice President of Fuel Cell Operations of the company and pay annual salary			$ 112,000

ACQUISITION OF DOMINOVAS ENER38

ACQUISITION OF DOMINOVAS ENERGY LLC (Details)	Aug. 31, 2015USD ($)shares
ACQUISITION OF DOMINOVAS ENERGY LLC DETAILS
Issued common shares to the shareholders of Dominovas | shares	45,000,000
Common stock with a fair value	$ 450,000
Net liabilities	$ 63,652

RESTATEMENT OF PRIOR YEAR FIN39

RESTATEMENT OF PRIOR YEAR FINANCIAL STATEMENTS (Narrtive) (Details)	Aug. 31, 2015USD ($)
Restatement of prior year financial statements Details
Assets decreased by	$ 192,906
Liabilities decreased by	800,441
Decrease in net loss	$ 607,535

SUBSEQUENT EVENT TRANSACTIONS (

SUBSEQUENT EVENT TRANSACTIONS (Details) - USD ($)	Nov. 30, 2015	Nov. 17, 2015	Sep. 29, 2015	Sep. 11, 2015
SUBSEQUENT EVENT TRANSACTIONS DETAILS
Issued a convertible unsecured note amount	$ 26,500		$ 150,000	$ 95,000
Convertible note includes amount of finance fees	$ 1,500			$ 9,000
Convertible note interest rate			10.00%	12.00%
Convertible note default rate			18.00%	22.00%
Signed an agreement with a third party to invest up to		$ 7,500,000
Issued common shares on conversion	4,418,817
Principal convertible debt	$ 88,500
Accrued interest	$ 1,241