Mix 1 Life S-1/A 10 Jul 15 2015 Q2 IPO registration (amended) Financial data

Document and Entity Information

Document and Entity Information	6 Months Ended
	Feb. 28, 2015
Document And Entity Information
Entity Registrant Name	MIX 1 LIFE, INC.
Entity Central Index Key	1,501,112
Document Type	S1
Document Period End Date	Feb. 28, 2015
Amendment Flag	false
Current Fiscal Year End Date	--08-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Feb. 28, 2015	Aug. 31, 2014	Aug. 31, 2013
Current Assets:
Cash and cash equivalents	$ 42,596	$ 91,794
Inventory, lower of cost or market, principally first-in, first-out	183,845	$ 580,607
Accounts receivable	736,868
Notes receivable	129,900
Other current Assets	14,733	$ 27,963
Total Current Assets	1,107,942	700,364
Fixtures and Equipment, net of accumulated depreciation of $964 at February 28, 2015 and $413 at August 31, 2014	16,324	5,375
Ingredient Specifications, Branding, and Other Intangible Assets, net of accumulated amortization of $859,287 at February 28 2015, and zero at August 31, 2014	19,020,713	19,880,000	$ 19,880,000
TOTAL ASSETS	20,144,979	20,585,739	19,880,000
Current Liabilities:
Accounts payable and accrued liabilities	152,062	218,330	14,055
Accounts payable - related parties	367,521	349,038	$ 18,716
Notes payable - premium finance	14,733	15,932
Total Current Liabilities	534,316	583,300	$ 32,771
12% Senior Secured Convertible Debenture	1,384,000	500,000
Total Liabilities	1,918,316	1,083,300	$ 32,771
Shareholders' Equity:
Common Stock, $0.001 par value, 100,000,000 shares authorized 11,486,670 and 10,880,796 shares issued and outstanding at February 28, 2015 and August 31, 2014 respectively	11,487	10,881	9,770
Additional paid-in-capital	22,684,063	21,547,848	19,898,230
Accumulated (deficit)	(4,468,887)	(2,056,290)	(60,771)
Total Shareholders' Equity	18,226,663	19,502,439	19,847,229
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 20,144,979	$ 20,585,739	$ 19,880,000

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($)	Feb. 28, 2015	Aug. 31, 2014	Aug. 31, 2013
Current Assets:
Fixtures and Equipment, net of accumulated depreciation of $964 at February 28, 2015 and $413 at August 31, 2014	$ 964	$ 413	$ 0
Ingredient Specifications, Branding, and Other Intangible Assets, net of accumulated amortization of $859,287 at February 28 2015, and zero at August 31, 2014	$ 859,287	$ 0
Current Liabilities:
Senior Secured Convertible Debenture	12.00%	12.00%	0.00%
Stockholders' Equity
Common stock, par value	$ 0.001	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000	100,000,000
Common stock, shares issued	11,486,670	10,880,796	9,770,000
Common stock, shares outstanding	11,486,670	10,880,796	9,770,000

STATEMENTS OF OPERATIONS (Unaud

STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended		63 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014
Statements Of Operations
Gross Sales	$ 506,756		$ 749,231		$ 2,004		$ 2,004
Customer incentives, discounts, returns, and allowances	(2,381)		(2,381)
Net sales	504,375		746,850
Costs of goods sold	445,667		657,707		$ (6,766)		$ (6,766)
Gross Margin	58,708		89,143		(4,762)		(4,762)
Operating Expenses
Selling and marketing	324,817	$ 16,201	369,133	$ 23,934	98,524	$ 3,403	101,927
Corporate general and administrative	475,372	$ 459,650	963,597	$ 749,736	$ 1,378,874	$ 29,368	$ 1,436,242
Depreciation and amortization expense	429,988		859,838
Total operating expenses	1,230,177	$ 475,851	2,192,568	$ 773,670	$ 1,477,398	$ 32,771	$ 1,538,169
Loss from Operations	(1,171,469)	(475,851)	(2,103,425)	(773,670)	(1,482,160)	$ (32,771)	(1,542,931)
Other (Expenses)
Interest expense	(215,284)	(402,396)	(309,172)	(402,396)	(513,359)		(513,359)
Loss before income taxes	$ (1,386,753)	$ (878,247)	$ (2,412,597)	$ (1,176,066)	$ (1,995,519)	$ (32,771)	$ (2,056,290)
Provision for Income Taxes
Net (Loss)	$ (1,386,753)	$ (878,247)	$ (2,412,597)	$ (1,176,066)	$ (1,995,519)	$ (32,771)	$ (2,056,290)
Basic and fully diluted:
Weighted average number of shares outstanding	11,441,513	9,885,338	11,297,073	9,856,718	10,013,939	6,473,197
(Loss) per share	$ (0.12)	$ (0.09)	$ (0.21)	$ (0.12)	$ (0.20)	$ (0.01)

Statement of Stockholders' Equi

Statement of Stockholders' Equity - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit During Development Stage	Total
Beginning Balance, Shares at Jun. 10, 2009
Beginning Balance, Amount at Jun. 10, 2009
July 21, 2009 - Common Shares issued for cash at $.001, shares	5,000,000
July 21, 2009 - Common Shares issued for cash at $.001, amount	$ 5,000	$ (2,500)		$ 2,500
August 14, 2009 - Common Shares issued for cash at $.008, shares	1,350,000
August 14, 2009 - Common Shares issued for cash at $.008, amount	$ 1,350	4,050		5,400
August 27, 2009 - Common Shares issued for cash at $.01, shares	900,000
August 27, 2009 - Common Shares issued for cash at $.01, amount	$ 900	$ 3,600		4,500
Net (Loss)			$ (768)	(768)
Ending Balance, Shares at Aug. 31, 2009	7,250,000
Ending Balance, Amount at Aug. 31, 2009	$ 7,250	$ 5,150	$ (768)	$ 11,632
Beginning Balance, Shares at Jun. 10, 2009
Beginning Balance, Amount at Jun. 10, 2009
Net (Loss)				$ (2,056,290)
Ending Balance, Shares at Aug. 31, 2014	10,880,796
Ending Balance, Amount at Aug. 31, 2014	$ 10,881	$ 21,547,848	$ (2,056,290)	19,502,439
Beginning Balance, Shares at Aug. 31, 2009	7,250,000
Beginning Balance, Amount at Aug. 31, 2009	$ 7,250	5,150	$ (768)	11,632
October 2, 2009 - Common Shares issued for cash at $.01, shares	2,520,000
October 2, 2009 - Common Shares issued for cash at $.01, amount	$ 2,520	$ 10,080		12,600
Net (Loss)			$ (1,897)	(1,897)
Ending Balance, Shares at Aug. 31, 2010	9,770,000
Ending Balance, Amount at Aug. 31, 2010	$ 9,770	$ 15,230	(2,665)	22,335
Net (Loss)			(8,105)	(8,105)
Ending Balance, Shares at Aug. 31, 2011	9,770,000
Ending Balance, Amount at Aug. 31, 2011	$ 9,770	$ 15,230	$ (10,770)	14,230
Forgiveness of debt - Officer Loan		3,000		$ 3,000
Retirement of common stock - Former director, shares	(3,333,333)
Retirement of common stock - Former director, amount	$ (3,333)	$ 3,333
Net (Loss)			$ (17,230)	$ (17,230)
Ending Balance, Shares at Aug. 31, 2012	6,436,667
Ending Balance, Amount at Aug. 31, 2012	$ 6,437	$ 21,563	$ (28,000)
August 27, 2013 - Purchase of Mix1 assets, shares	3,333,333
August 27, 2013 - Purchase of Mix1 assets, amount	$ 3,333	$ 19,876,667		$ 19,880,000
Net (Loss)			$ (32,771)	(32,771)
Ending Balance, Shares at Aug. 31, 2013	9,770,000
Ending Balance, Amount at Aug. 31, 2013	$ 9,770	$ 19,898,230	$ (60,771)	19,847,229
Common Stock issued for Cash at $1.50 per Share - net of issuance costs of $44,000, shares	495,000
Common Stock issued for Cash at $1.50 per Share - net of issuance costs of $44,000, amount	$ 495	698,005		698,500
Common Stock issued for Services - Related Party, shares	167,139
Common Stock issued for Services - Related Party, amount	$ 167	295,542		295,709
Common Stock issued for Services, shares	11,353
Common Stock issued for Services, amount	$ 11	37,269		37,280
Common Stock issued for Directors & Officers Fees, shares	63,333
Common Stock issued for Directors & Officers Fees, amount	$ 64	148,935		$ 148,999
Common Stock issued for Exercise of Warrants, shares	373,971
Common Stock issued for Exercise of Warrants, amount	$ 374	(374)
Value of Beneficial Conversion of Notes Payable		194,445		$ 194,445
Value of Warrants issued with Convertible Debt		$ 275,796		275,796
Net (Loss)			$ (1,995,519)	(1,995,519)
Ending Balance, Shares at Aug. 31, 2014	10,880,796
Ending Balance, Amount at Aug. 31, 2014	$ 10,881	$ 21,547,848	$ (2,056,290)	19,502,439
Net (Loss)				(2,412,597)
Ending Balance, Amount at Feb. 28, 2015				$ 18,226,663

STATEMENTS OF CASH FLOW (Unaudi

STATEMENTS OF CASH FLOW (Unaudited) - USD ($)	6 Months Ended		12 Months Ended		63 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014
Cash flows from operating activities:
Net (loss)	$ (2,412,597)	$ (1,176,066)	$ (1,995,519)	$ (32,771)	$ (2,056,290)
Adjustments to reconcile net (loss) to net cash used in operating activities:
Common stock issued for services	29,655		37,280		37,280
Common stock issued for services - related parties	150,202	$ 194,780	295,709		295,709
Common stock issued for officers' and directors' fees	37,497	$ 114,000	148,999		148,999
Common stock issued for interest	$ 22,683
Convertible note loan fees		$ 194,445	194,445		194,445
Valuation of warrants on convertible debt	$ 259,434	$ 196,835	275,796		275,796
Depreciation and Amortization	859,838		413		413
Changes in Current Assets and Liabilities
Inventory	396,762		$ (580,607)		$ (580,607)
Accounts receivable	(736,868)
Notes receivable	(129,900)
Other current assets	13,230	$ (44,070)	$ (27,963)		$ (27,963)
Accounts payable and accrued liabilities	(66,268)	68,322	204,275	$ 14,055	218,330
Accounts payable - related parties	18,483	24,352	330,322	$ 18,716	349,038
Net cash (used) in by operating activities	(1,557,849)	(427,402)	(1,116,850)		(1,144,850)
Cash flows from investing activities:
Purchase of vehicles	(11,500)	(5,788)
Purchase of office equipment			(5,788)		(5,788)
Net cash provided by (used in) investing activities	$ (11,500)	(5,788)	(5,788)	$ 0	(5,788)
Cash flows from financing activities
Loans from Officer		30,400	30,400		33,400
Repayments to officer		(25,833)	(30,400)		(30,400)
Convertible note proceeds	$ 884,000	500,000	500,000		500,000
Sale of common stock - net of issuance costs of $44,000	637,350	$ 283,000	698,500		723,500
Note payable payment	(1,199)
Premium Finance			15,932		15,932
Net cash provided by financing activities	1,520,151	$ 787,567	1,214,432	$ 0	1,242,432
Net increase in cash and cash equivalents	(49,198)	$ 354,377	$ 91,794		$ 91,794
Cash and cash equivalents, beginning of year	91,794
Cash and cash equivalents, end of year	42,596	$ 354,377	$ 91,794		$ 91,794
Cash paid during the year for:
Interest	$ 26,466		$ 32,594		$ 32,594
Income Taxes
Non-cash investing and financing activities:
Common stock issued for purchase of Mix1 assets				$ 19,880,000	$ 19,880,000
Purchase of Mix1 assets				(19,880,000)	(19,880,000)
Forgiveness of debt - Officer				(3,000)	(3,000)
Forgiveness of debt contributed to capital				$ 3,000	3,000
Cancellation of Common Stock			$ (3,333)		(3,333)
Cancellation of Common Stock - Paid in Capital			3,333		3,333
Cashless exercise of Warrants			374		374
Cashless exercise of Warrants - Paid in Capital			$ (374)		$ (374)
Total

STATEMENTS OF CASH FLOW (Parent

STATEMENTS OF CASH FLOW (Parenthetical) - USD ($)	12 Months Ended		63 Months Ended
	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014
Statements Of Cash Flow
Sale of common stock - net of issuance costs	$ 44,000		$ 44,000

ORIGANIZATION AND BUSINESS ACTI

ORIGANIZATION AND BUSINESS ACTIVITY	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 1 - ORIGANIZATION AND BUSINESS ACTIVITY	ORIGANIZATION AND BUSINESS Mix1 Life, Inc. (formerly Antaga International Corp) (“the Company” or “Mix1”) was incorporated under the laws of the State of Nevada, U.S. on June 10, 2009. The Company is in the development stage as defined under Statement on Financial Accounting Standards Board Accounting Standards Codification FASB ASC 915-205 "Development-Stage Entities.” The Company plan is to develop business operations in nutritional supplements distribution and is working to that end. On August 27, 2013, Antaga International Corp. entered into a Definitive Agreement (the "Agreement") with Mix1 LLC, an Arizona corporation, ("Mix") under which the Company acquired 100% of certain assets owned by Mix in exchange for 3,333,333, post reverse, newly issued shares of common stock in the Company. Mix1 is an emerging beverage and nutritional supplements company currently with a product line of natural, ready-to-drink protein shakes. Our shakes offer a complete and balanced macronutrient mix and are intended to be consumed as a post work out, snack replacement, meal supplement or a meal replacement. Mix1 beverages have a high protein content (on average 26 grams per serving) and are unique due to their fruit-based flavors, relatively low calorie count and superior taste. Our shakes have a twelve month shelf life with no need for refrigeration and are currently served in a twelve ounce PET (polyethylene terephthalate) bottle.

Description of Business and Sum

Description of Business and Summary of Significant Accounting Policies	6 Months Ended	12 Months Ended
	Feb. 28, 2015	Aug. 31, 2014
Notes to Financial Statements
Note 2 - Description of Business and Summary of Significant Accounting Policies	Mix1 Life, Inc. (“the Company”) was incorporated under the laws of the State of Nevada, U.S. on June 10, 2009. Mix1 is an emerging beverage and nutritional supplements company currently with a product line of natural, ready-to-drink protein shakes. Our shakes offer a complete and balanced macronutrient mix and are intended to be consumed as a post work out, snack replacement, meal supplement or a meal replacement. Mix1 beverages have a high protein content (on average 26 grams per serving) and are unique due to their fruit-based flavors, relatively low calorie count and superior taste. Our shakes have a twelve month shelf life with no need for refrigeration and are currently served in a twelve ounce PET (polyethylene terephthalate) bottle. The Company adopted the provisions of FASB Accounting Standards Update No. 2014-10 Development Stage Entities (Topic 915) The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (“SEC”) and should be read in conjunction with the audited financial statements and notes thereto contained in the Company’s annual report filed with the SEC on its 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for our interim period are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements that would substantially duplicate the disclosure contained in the audited financial statements for the year ended August 31, 2014, as reported in the Form 10-K, have been omitted. There financial statements have been prepared on a going concern basis which assumes the Company will be able to realize its assets and discharge its liabilities in the normal course of business for the foreseeable future. The Company has limited cash and, as yet, has not generated any substantial revenues, raising substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company generating profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due. Management intends to finance operating costs over the next twelve months with existing cash on hand, sales, loans from investors and/or issuance of common shares.	ACCOUNTING BASIS The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted an August 31 fiscal year end. GOING CONCERN These financial statements have been prepared in accordance with accounting principles generally accepted in the United States applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. The Company has not generated substantial revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period from inception, June 10, 2009, through August 31, 2014 the Company has accumulated losses of $2,056,290. Management’s plan is to have the Company fully operational in the coming year with substantial sales. Management will continue to raise capital through the sale of equity and/or debt financing as required but there is no certainty that such financing will be available at acceptable terms. These financial statements do not include any adjustments to reflect the future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that might result from the outcome of this uncertainty. IMPAIRMENT OF LONG-LIVED ASSETS The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets and definite–lived intangible assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company has adopted FASB ASC 820-10-50, “Fair Value Measurements”. This guidance defines fair value, establishes a three-level valuation hierarchy for disclosures of fair measurement and enhances disclosure requirements for fair measure. The three levels are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for the identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement. Quoted Active Markets Significant Other Significant for Identical Assets Observable Inputs Unobservable Inputs (Level 1) (Level 2) (Level 3) Total August 31, 2013 $ - $ - $ - $ - August 31, 2014 -Warrants $ - $ 275,796 $ - $ 275,796 The carrying amounts reported in the balance sheets for the cash and cash equivalents, and current liabilities each qualify as financial instruments and are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest. DEVELOPMENT STAGE COMPANY The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies. A development-stage company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no significant revenues there from. USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. CASH AND CASH EQUIVALENTS For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. REVENUE RECOGNITION Revenue is recognized when the earnings process is complete and the risk and rewards of ownership have transferred to the customer, which is generally considered to have occurred upon the receipt of product by the customer. The earnings process is complete once the customer order has been placed and approved, the product shipped has been received by the customer, and there is reasonable assurance of the collection of the sales proceeds. The Company offers its customers a variety of sales and incentive programs, including discounts, allowances, slotting fees, and co-op advertising; such amounts, along with coupon redemption, are recorded as a reduction in revenue. INCOME TAXES The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized. Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has limited operations. ADVERTISING COSTS The Company expenses advertising costs as these are incurred. Marketing expenses totaled $98,524 and $3,403 in 2014 and 2013, respectively. LOSS PER COMMON SHARE Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company does not have any potentially dilutive instruments. In September 2014, a former officer and director of the Company returned 3,333,333 shares of his common stock to the Company’s treasury. Those shares were immediately retired by the Company and have not been included in the Company’s weighted average number of shares outstanding computation for the years ended August 31, 2014 and 2013. Those shares are reported in these financial statements as having been cancelled prior to August 31, 2013. STOCK-BASED COMPENSATION The Company records stock-based compensation in accordance with ASC 718, “Compensation – Stock Based Compensation” and ASC 505 “Equity Based Payments to Non-Employees”, which requires the measurement and recognition of compensation expense based on estimated fair market values for all share-based awards made to employees and directors, including stock options. ASC 718 requires companies to estimate the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. To date, the Company has not adopted a stock option plan and has not granted any stock options. CONCENTRATIONS OF CREDIT RISK Accounts at banks are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. As of August 31, 2014, account balances did not exceed federally insured limits. RECENT ACCOUNTING PRONOUNCEMENTS Management does not expect the future adoption of any recently issued accounting pronouncement to have a significant impact on its financial position, results of operations, or cash flows.

ASSET PURCHASE

ASSET PURCHASE	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
NOTE 3 - ASSET PURCHASE	On August 27, 2013, Antaga International Corp. entered into a Definitive Agreement with Mix1 LLC, an Arizona corporation, under which the Company acquired 100% of certain assets owned by Mix in exchange for 3,333,333, post reverse, newly issued shares of common stock in the Company. The assets included in the purchase were the Mix1 brand name, internet domains, product specifications, ingredient specifications, quality assurance guidelines, customer/vendor/supplier lists, market research reports, social media assets, and distribution channels. The valuation of the assets was performed by a third party appraiser and the $19,880,000 was allocated as follows: Mix1 Brand Names $ 5,000000 Mix1 Internet Domains 1,100,000 Mix1 Product Specifications 3,600,000 Quality Assurances Guidelines 250,000 Ingredient Specifications 180,000 Customer/Vendor/Supplier Lists 5,000,000 Market Research Reports 1,250,000 Mix1 Social Media Assets 500,000 Distribution Channels 3,000,000 Totals $ 19,880,000

INVENTORY

INVENTORY	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
NOTE 4 - INVENTORY	All of the Company’s products are produced by a third party food and beverage manufacturer that specializes in the manufacturing of aseptic and extended shelf life beverages and foods. After the product is manufactured, it is stored in third party warehouses until sold and distributed to the retailer. Inventory is carried at the lower of cost or market, as determined in the first-in, first-out method and is periodically evaluated for obsolescence. August 31, 2014 2013 Unfinished Product Inventory $ 174,082 $ - Finished Product Inventory 406,525 - $ 580,607 $ -

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
NOTE 5 - INTANGIBLE ASSETS	Intangible assets consist of the following: Life August 31, Indefinite 2014 2013 Mix1 Brand $ 7,850,000 $ 7,850,000 Mix1 Product 7 4,030,000 4,030,000 Customer List & Distribution 7 8,000,000 8,000,000 $ 19,880,000 $ 19,880,000

Convertible Note

Convertible Note	6 Months Ended	12 Months Ended
	Feb. 28, 2015	Aug. 31, 2014
Notes to Financial Statements
Note 6 - Convertible Note	During the six months ending February 28, 2015 the Company entered into convertible debt agreements for $884,000. Terms of these transactions include an annual interest rate of 12% due in two years, the option to convert debt into equity at $3.00 per share, and 147,335 stock purchase warrants. The warrants were valued using the Black Scholes valuation method at $259,429 calculated using a stock price of $6.12, a 5 year term, risk-free rate of interest of 1.64% and a volatility of 16.12%.	During the year ended August 31, 2014 the Company entered into a convertible debt agreement with Mill City Ventures for $500,000. Terms of this transaction include annual interest rate of 12% due February 6, 2016, the option to convert debt into equity at $1.08 per share, and 533,333 post split warrants at an exercise price of $1.50. The warrants were valued using the Black Scholes valuation method at $275,796 and the beneficial conversion feature was valued at $194,445. In August 2014 the 533,333 post split warrants were converted into 373,971 post split shares of common stock in a cashless exercise using the volume weighted average price of the stock on the trading day in which the warrants were exercised.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
NOTE 7 - RELATED PARTY TRANSACTIONS	During the years ended August 31, 2014 and 2013, the Company had the following related party transactions: 2014 2013 Shares Amount Shares Amount Common stock issued for directors and officers' fees 63,333 $ 148,999 - $ - Common stock issued for consulting and payroll services- Related parties 167,139 295,709 - $ - 230,472 $ 444,708 - $ - As of August 31, 2014 and 2013, the Company owed $349,038 and $18,716 respectively to several principal shareholders for cash advances used in operations. During the year ended August 31, 2014 the Company paid the chief financial officer $212,826 in accounting services and consulting fees. The Company also paid $24,000 to a stockholder of the Company for consulting and web related services. No consulting fees were paid to these individuals in the year ended August 31, 2013.

Stock Transactions

Stock Transactions	6 Months Ended	12 Months Ended
	Feb. 28, 2015	Aug. 31, 2014
Notes to Financial Statements
Note 8 - Stock Transactions	During the six months ending February 28, 2015, the Company sold 483,834 shares of its common stock in private placements for $1.50 per share. There were 75,434 shares of common stock issued to related parties as payroll and consulting fees valued at $150,201, 19,167 shares were issued as officer and directors fees valued at $37,497, and 7,561 shares of common stock were issued as interest expense valued at $22,683.	The following is a summary of stock transactions for the fiscal years ended August 31, 2014: Since inception(June 10, 2009), the Company’s stock has been restated to reflect an 18:1 forward stock split effective October 1, 2013, a 1:3 reverse stock split on September 13, 2013 and another 1:3 reverse stock split on September 11, 2014. All of the numbers of shares of common stock have been adjusted to reflect the aforementioned forward and reverse stock splits. In the first quarter of the fiscal year ended August 31, 2014, a former director of the Company resigned his position and returned 3,333,333 shares of stock to the Company’s treasury which were retired. At August 31, 2014 the Company had no treasury shares. During the fiscal year ended August 31, 2014, the Company sold 495,000 shares of its common stock in private placement sales for $1.50 per share to accredited investors for proceeds of $698,500, net of $44,000 of issuance costs. There were 11,353 shares of common stock issued to various individuals for consulting services during the fiscal year ended August 31, 2014 while there were 167,139 shares issued to various related parties for consulting services and in lieu of payroll. 7,500 shares were issued at $4.20 per share and 3,853 were issued at $1.50 per share for a total value of $37,280. There were a total of 63,333 shares of the Company’s common stock issued for officers’ and directors’ fees during the fiscal year ended August 31, 2014. 16,666 shares were issued at $4.20 per share with the balance of 46,667 shares issued at $1.50 per share. The total value of the shares issued for officers’ and directors’ fees was $148,999. On February 6, 2014 the Company entered into a 12% Senior Secured Convertible Debenture in the amount of $500,000 whereby the debt could be converted into common shares at any time after the original issue date at $1.08 per share or 462,963 post split shares. A beneficial conversion amount of $194,445 was calculated and recorded as interest expense since the conversion price of the convertible instrument was below the per share fair value of the underlying stock into which it was convertible. The underlying value of the stock was considered to be $1.50, or the amount the Company was selling its stock to accredited investors in its private placement sales. Granted with the 12% Convertible Debenture was 533,333 warrants with an exercise price of $1.50. These warrants were valued at $275,796 and recorded as interest expense using the Black-Scholes-Merton Modeling Option using a volatility of 54.07%, a term of 2.5 years, a risk-free interest rate of 1.64%, and a stock price and warrant price of $1.50. On August 6, 2014 these warrants were converted to 373,971 shares of the Company’s common stock in a cashless exercise based on the volume weighted average price of the stock on the trading day of the exercise. During the fiscal year ended August 31, 2013, the only equity transaction was the issuance of 3,333,333 post reverse split shares for the purchase of certain assets owned by Mix1. The shares were valued at $19,880,000.

WARRANTS

WARRANTS	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
NOTE 9 - WARRANTS	The following summarizes the stock purchase warrant transaction for the year ended August 31, 2014. There were no stock purchase warrant transactions for the year ended August 31, 2013. Number of Weighted Average Warrants Exercise Price Outstanding, August, 2013 - $ - Warrants issued with convertible debt 533,333 $ 1.50 Warrants exercised (533,333 ) $ 1.50 Outstanding, August, 2014 -

FEDERAL INCOME TAXES

FEDERAL INCOME TAXES	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
NOTE 10 - FEDERAL INCOME TAXES	Total income tax benefit is less than the amount computed by multiplying the loss before income taxes by the statutory federal income tax rate. The reasons for the difference and the related tax effects for the fiscal years ended August 31, 2014 and 2013. 2014 2013 Tax benefit at stautory rales of 34% $ 678,476 $ 11,142 Non-Deductible expenses (154,318 ) - Change in valuation allowance (524,158 ) (11,142 ) Net income tax benefit $ - $ - The components of the deferred tax assets are as follows: 2014 2013 Deferred tax assets Net operating loss carryforward $ (995,432 ) $ (20,661 ) Deferred amortization 450,613 - Total deferred tax asset (544,819 ) (20,661 ) Less: valuation allowance 544,819 20,661 $ - $ - The Company has no deferred tax liabilities. At August 31, 2014, the Company had a federal income tax net operating loss carry forwards of approximately $2,928,000 to offset future taxable income, which begins to expire in 2034, therefore, there was no income tax expense or payable as of August 31, 2014.

Subsequent Events

Subsequent Events	6 Months Ended	12 Months Ended
	Feb. 28, 2015	Aug. 31, 2014
Notes to Financial Statements
Note 11 - Subsequent Events	On March 31, 2015, the Company and Shadow Beverages and Snack, LLC, an Arizona limited liability company, closed upon that certain Asset Purchase Agreement for the purchase of the "No Fear" brand asset from Shadow. Shadow's interest in the No Fear brand is in the form of an exclusive Trademark and License Agreement between Shadow and No Fear International wherein Shadow was granted exclusive licensing and distribution of the No Fear drink within the United States of America. The Company acquired One Hundred Percent (100%) of Shadow's interest in the No Fear brand only for an aggregate purchase price of Twelve Million Two Hundred Thousand ($12,200,000) USD. We have evaluated events and transactions after the balance sheet date to the date these financial statements were released for filing. Except as stated above, we did not have any material subsequent events that would require disclosure in these financial statements.	On September 11, 2014, the Company affected a 1 for 3 reverse stock split. All references to shares of common stock in this financial statement have been affected to reflect this reverse split. On September 23, 2014 Mix1 sold approximately 150,000 bottles for $274,428 of its newly formulated protein shakes to its Arizona distributor. Product is now showing up in convenience and grocery stores throughout the Southwestern United States. Subsequent to August 31, 2014 through the date these consolidated financials were available for issuance, the Company sold an additional 453,167 shares of common stock for $679,750.

Concentration

Concentration	6 Months Ended
	Feb. 28, 2015
Notes to Financial Statements
Note 12 - Concentration	During the six months ended February 28, 2015, the Company had revenues and receivable of $746,850 and $736,868, respectively. Of these amounts, 93% of the revenues and 95% of the receivable were from Shadow Beverage and Snack, LLC.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Aug. 31, 2014
Summary Of Significant Accounting Policies Policies
ACCOUNTING BASIS	The Company uses the accrual basis of accounting and accounting principles generally accepted in the United States of America (“GAAP” accounting). The Company has adopted an August 31 fiscal year end.
GOING CONCERN	These financial statements have been prepared in accordance with accounting principles generally accepted in the United States applicable to a going concern, which contemplates the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. The Company has not generated substantial revenue to date and consequently its operations are subject to all risks inherent in the establishment of a new business enterprise. For the period from inception, June 10, 2009, through August 31, 2014 the Company has accumulated losses of $2,056,290. Management’s plan is to have the Company fully operational in the coming year with substantial sales. Management will continue to raise capital through the sale of equity and/or debt financing as required but there is no certainty that such financing will be available at acceptable terms. These financial statements do not include any adjustments to reflect the future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that might result from the outcome of this uncertainty.
IMPAIRMENT OF LONG-LIVED ASSETS	The Company continually monitors events and changes in circumstances that could indicate carrying amounts of long-lived assets and definite–lived intangible assets may not be recoverable. When such events or changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value less costs to sell.
FAIR VALUE OF FINANCIAL INSTRUMENTS	The Company has adopted FASB ASC 820-10-50, “Fair Value Measurements”. This guidance defines fair value, establishes a three-level valuation hierarchy for disclosures of fair measurement and enhances disclosure requirements for fair measure. The three levels are defined as follows: Level 1 inputs to the valuation methodology are quoted prices (unadjusted) for the identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to valuation methodology are unobservable and significant to the fair measurement. Quoted Active Markets Significant Other Significant for Identical Assets Observable Inputs Unobservable Inputs (Level 1) (Level 2) (Level 3) Total August 31, 2013 $ - $ - $ - $ - August 31, 2014 -Warrants $ - $ 275,796 $ - $ 275,796 The carrying amounts reported in the balance sheets for the cash and cash equivalents, and current liabilities each qualify as financial instruments and are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and their current market rate of interest.
DEVELOPMENT STAGE COMPANY	The accompanying financial statements have been prepared in accordance with generally accepted accounting principles related to development-stage companies. A development-stage company is one in which planned principal operations have not commenced or if its operations have commenced, there has been no significant revenues there from.
USE OF ESTIMATES	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CASH AND CASH EQUIVALENTS	For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.
REVENUE RECOGNITION	Revenue is recognized when the earnings process is complete and the risk and rewards of ownership have transferred to the customer, which is generally considered to have occurred upon the receipt of product by the customer. The earnings process is complete once the customer order has been placed and approved, the product shipped has been received by the customer, and there is reasonable assurance of the collection of the sales proceeds. The Company offers its customers a variety of sales and incentive programs, including discounts, allowances, slotting fees, and co-op advertising; such amounts, along with coupon redemption, are recorded as a reduction in revenue.
INCOME TAXES	The Company utilizes the liability method of accounting for income taxes. Under the liability method deferred tax assets and liabilities are determined based on the differences between financial reporting basis and the tax basis of the assets and liabilities and are measured using enacted tax rates and laws that will be in effect, when the differences are expected to reverse. An allowance against deferred tax assets is recognized, when it is more likely than not, that such tax benefits will not be realized. Any deferred tax asset is considered immaterial and has been fully offset by a valuation allowance because at this time the Company believes that it is more likely than not that the future tax benefit will not be realized as the Company has limited operations.
ADVERTISING COSTS	The Company expenses advertising costs as these are incurred. Marketing expenses totaled $98,524 and $3,403 in 2014 and 2013, respectively.
LOSS PER COMMON SHARE	Basic loss per share is calculated using the weighted-average number of common shares outstanding during each reporting period. Diluted loss per share includes potentially dilutive securities such as outstanding options and warrants, using various methods such as the treasury stock or modified treasury stock method in the determination of dilutive shares outstanding during each reporting period. The Company does not have any potentially dilutive instruments. In September 2014, a former officer and director of the Company returned 3,333,333 shares of his common stock to the Company’s treasury. Those shares were immediately retired by the Company and have not been included in the Company’s weighted average number of shares outstanding computation for the years ended August 31, 2014 and 2013. Those shares are reported in these financial statements as having been cancelled prior to August 31, 2013.
STOCK-BASED COMPENSATION	The Company records stock-based compensation in accordance with ASC 718, “Compensation – Stock Based Compensation” and ASC 505 “Equity Based Payments to Non-Employees”, which requires the measurement and recognition of compensation expense based on estimated fair market values for all share-based awards made to employees and directors, including stock options. ASC 718 requires companies to estimate the fair value of share-based awards on the date of grant using an option-pricing model. The Company uses the Black-Scholes option-pricing model as its method of determining fair value. This model is affected by the Company’s stock price as well as assumptions regarding a number of subjective variables. These subjective variables include, but are not limited to the Company’s expected stock price volatility over the term of the awards, and actual and projected employee stock option exercise behaviors. The value of the portion of the award that is ultimately expected to vest is recognized as an expense in the statement of operations over the requisite service period. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. To date, the Company has not adopted a stock option plan and has not granted any stock options.
CONCENTRATIONS OF CREDIT RISK	Accounts at banks are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. As of August 31, 2014, account balances did not exceed federally insured limits.
RECENT ACCOUNTING PRONOUNCEMENTS	Management does not expect the future adoption of any recently issued accounting pronouncement to have a significant impact on its financial position, results of operations, or cash flows.

SUMMARY OF SIGNIFICANT ACCOUN21

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Aug. 31, 2014
Summary Of Significant Accounting Policies Tables
Summary of fair value measurements	Quoted Active Markets Significant Other Significant for Identical Assets Observable Inputs Unobservable Inputs (Level 1) (Level 2) (Level 3) Total August 31, 2013 $ - $ - $ - $ - August 31, 2014 -Warrants $ - $ 275,796 $ - $ 275,796

ASSET PURCHASE (Tables)

ASSET PURCHASE (Tables)	12 Months Ended
	Aug. 31, 2014
Asset Purchase Tables
Summary of valuation of assets	The valuation of the assets was performed by a third party appraiser and the $19,880,000 was allocated as follows: Mix1 Brand Names $ 5,000,000 Mix1 Internet Domains 1,100,000 Mix1 Product Specifications 3,600,000 Quality Assurances Guidelines 250,000 Ingredient Specifications 180,000 Customer/Vendor/Supplier Lists 5,000,000 Market Research Reports 1,250,000 Mix1 Social Media Assets 500,000 Distribution Channels 3,000,000 Totals $ 19,880,000

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Aug. 31, 2014
Inventory Tables
Summary of Inventory	Inventory is carried at the lower of cost or market, as determined in the first-in, first-out method and is periodically evaluated for obsolescence. August 31, 2014 2013 Unfinished Product Inventory $ 174,082 $ - Finished Product Inventory 406,525 - $ 580,607 $ -

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Aug. 31, 2014
Intangible Assets Tables
Intangible assets	Intangible assets consist of the following: Life August 31, Indefinite 2014 2013 Mix1 Brand $ 7,850,000 $ 7,850,000 Mix1 Product 7 4,030,000 4,030,000 Customer List & Distribution 7 8,000,000 8,000,000 $ 19,880,000 $ 19,880,000

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Aug. 31, 2014
Related Party Transactions Tables
Summary of related party transactions	During the years ended August 31, 2014 and 2013, the Company had the following related party transactions: 2014 2013 Shares Amount Shares Amount Common stock issued for directors and officers' fees 63,333 $ 148,999 - $ - Common stock issued for consulting and payroll services- Related parties 167,139 295,709 - $ - 230,472 $ 444,708 - $ -

WARRANTS (Tables)

WARRANTS (Tables)	12 Months Ended
	Aug. 31, 2014
Warrants Tables
Summary of stock purchase warrant transaction	The following summarizes the stock purchase warrant transaction for the year ended August 31, 2014. There were no stock purchase warrant transactions for the year ended August 31, 2013. Number of Weighted Averag Warrants Exercise Price Outstanding, August, 2013 - $ - Warrants issued with convertible debt 533,333 $ 1.50 Warrants exercised (533,333 ) $ 1.50 Outstanding, August, 2014 - -

FEDERAL INCOME TAXES (Tables)

FEDERAL INCOME TAXES (Tables)	12 Months Ended
	Aug. 31, 2014
Federal Income Taxes Tables
Summary of reasons for difference and related tax effects	Total income tax benefit is less than the amount computed by multiplying the loss before income taxes by the statutory federal income tax rate. The reasons for the difference and the related tax effects for the fiscal years ended August 31, 2014 and 2013. 2014 2013 Tax benefit at stautory rales of 34% $ 678,476 $ 11,142 Non-Deductible expenses (154,318 ) - Change in valuation allowance (524,158 ) (11,142 ) Net income tax benefit $ - $ -
Summary of deferred tax assets	The components of the deferred tax assets are as follows: 2014 2013 Deferred tax assets Net operating loss carryforward $ (995,432 ) $ (20,661 ) Deferred amortization 450,613 - Total deferred tax asset (544,819 ) (20,661 ) Less: valuation allowance 544,819 20,661 $ - $ -

SUMMARY OF SIGNIFICANT ACCOUN28

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	12 Months Ended
	Aug. 31, 2014USD ($)
August 31, 2013
August 31, 2014 -Warrants	$ 275,796
Quoted Active Markets for Identical Assets (Level 1)
August 31, 2013
August 31, 2014 -Warrants
Significant Other Observable Inputs (Level 2)
August 31, 2013
August 31, 2014 -Warrants	$ 275,796
Significant Unobservable Inputs (Level 3) [Member]
August 31, 2013
August 31, 2014 -Warrants

SUMMARY OF SIGNIFICANT ACCOUN29

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended		63 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014
Summary Of Significant Accounting Policies Details Narrative
Accumulated losses	$ (1,386,753)	$ (878,247)	$ (2,412,597)	$ (1,176,066)	$ (1,995,519)	$ (32,771)	$ (2,056,290)
Marketing expenses					$ 98,524	$ 3,403

ASSET PURCHASE (Details)

ASSET PURCHASE (Details) - USD ($)	Feb. 28, 2015	Aug. 31, 2014	Aug. 31, 2013
Asset Purchase Details
Mix1 Brand Names		$ 5,000,000
Mix1 Internet Domains		1,100,000
Mix1 Product Specifications		3,600,000
Quality Assurances Guidelines		250,000
Ingredient Specifications		180,000
Customer/Vendor/Supplier Lists		5,000,000
Market Research Reports		1,250,000
Mix1 Social Media Assets		500,000
Distribution Channels		3,000,000
Totals	$ 19,020,713	$ 19,880,000	$ 19,880,000

INVENTORY (Details)

INVENTORY (Details) - USD ($)	Feb. 28, 2015	Aug. 31, 2014	Aug. 31, 2013
Inventory Details
Unfinished Product Inventory		$ 174,082
Finished Product Inventory		406,525
Total	$ 183,845	$ 580,607

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Intangible asset value	$ 19,880,000	$ 19,880,000
Mix1 Brand [Member]
Intangible asset value	7,850,000	7,850,000
Mix1 Product [Member]
Intangible asset value	$ 4,030,000	4,030,000
Mix1 Product [Member] | Minimum [Member]
Life of Intangible assets	7 years
Mix1 Product [Member] | Maximum [Member]
Life of Intangible assets	7 years
Customer List & Distribution [Member]
Intangible asset value	$ 8,000,000	$ 8,000,000
Customer List & Distribution [Member] | Minimum [Member]
Life of Intangible assets	7 years
Customer List & Distribution [Member] | Maximum [Member]
Life of Intangible assets	7 years

CONVERTIBLE NOTE (Details Narra

CONVERTIBLE NOTE (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Feb. 28, 2015	Aug. 31, 2014
Convertible Note Details Narrative
Convertible debt agreement with Mill City Ventures	$ 884,000	$ 500,000
Annual interest rate	12.00%	12.00%
Beneficially convert debt value		$ 194,445
Beneficially convert debt warrants		373,971
Annual interest payable date	Nov. 5, 2016
Option to convert debt into equity	$ 3
Stock purchase warrants	147,335
Warants valued	$ 259,429
Stock price	$ 6.12
Contractual term	5 years
Risk-free rate of interest	1.64%
Volatility rate	16.12%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Aug. 31, 2014	Aug. 31, 2013
Related Party Transactions Details
Common stock issued for directors and officers' fees, Shares	63,333
Common stock issued for directors and officers' fees, Amount	$ 148,999
Common stock issued for consulting and payroll services- Related parties, Shares	167,139
Common stock issued for consulting and payroll services- Related parties, Amount	$ 295,709
Related Party Transaction , Shares	230,472
Related Party Transaction , Amount	$ 444,708

RELATED PARTY TRANSACTIONS (D35

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Aug. 31, 2014	Aug. 31, 2013
Related Party Transactions Details Narrative
Company owed to several principal shareholders for cash advances used in operations	$ 349,038	$ 18,716
Payment to chief financial officer in accounting services and consulting fees	212,826
Payment to stockholder of the Company for consulting and web related services	$ 24,000
Consulting fees		$ 0

STOCK TRANSACTIONS (Details Nar

STOCK TRANSACTIONS (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Feb. 28, 2015	Aug. 31, 2014
Stock Transactions Details Narrative
Sales of common stock	483,834	495,000
Sales of common stock private placement per share	$ 1.50	$ 1.50
common stock issued for officers’ and directors’ fees	19,167	63,333
Number of post reverse split shares for the purchase of certain assets owned by Mix1		3,333,333
Value of post reverse split shares for the purchase of certain assets owned by Mix1		$ 19,880,000
Common stock issued to related parties as payroll and consulting fees	75,434
Common stock issued to related parties as payroll and consulting fees, Value	$ 150,201
Shares issued as officer and directors fees, Value	$ 37,497
Common stock issued as interest expense	7,561
Common stock issued as interest expense, Value	$ 22,683

WARRANTS (Details)

WARRANTS (Details) - Aug. 31, 2014 - USD ($)	Total
Warrants Details
Outstanding, August, 2013
Outstanding, weighted average Exercise Price
Warrants issued with convertible debt	$ 533,333
Warrants issued with convertible debt , Weighted Average Exercise Price	$ 1.50
Warrants exercised	$ (533,333)
Warrants exercised , Weighted Average Exercise Price	$ 1.50
Outstanding, August, 2014
Outstanding, August, Weighted Average Exercise Price

Concentration (Details Narrativ

Concentration (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended		63 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014
Notes to Financial Statements
Revenue	$ 504,375		$ 746,850
Accounts receivable	$ 736,868		$ 736,868

FEDERAL INCOME TAXES (Details)

FEDERAL INCOME TAXES (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended		63 Months Ended
	Feb. 28, 2015	Feb. 28, 2014	Feb. 28, 2015	Feb. 28, 2014	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2014
Federal Income Taxes Details
Tax benefit at stautory rales of 34%					$ 678,476	$ 11,142
Non-Deductible expenses					(154,318)
Change in valuation allowance					$ (524,158)	$ (11,142)
Net income tax benefit

FEDERAL INCOME TAXES (Details 1

FEDERAL INCOME TAXES (Details 1) - USD ($)	Aug. 31, 2014	Aug. 31, 2013
Deferred tax assets
Net operating loss carryforward	$ (995,432)	$ (20,661)
Deferred amortization	450,613
Total deferred tax asset	(544,819)	$ (20,661)
Less: valuation allowance	$ 544,819	$ 20,661
Total

FEDERAL INCOME TAXES (Details N

FEDERAL INCOME TAXES (Details Narrative)	12 Months Ended
	Aug. 31, 2014USD ($)
Federal Income Taxes Details Narrative
Federal income tax net operating loss carry forwards	$ 2,928,000

Uncategorized Items - mixx-2015

Label	Element	Value
Net (Loss)	us-gaap_NetIncomeLoss	$ (1,386,753)
Net (Loss)	us-gaap_NetIncomeLoss	(17,230)
Net (Loss)	us-gaap_NetIncomeLoss	(768)
Net (Loss)	us-gaap_NetIncomeLoss	$ (878,247)