Embarr Downs (EMBR) 10-K 17 Dec 14 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Aug. 31, 2014	Dec. 15, 2014	Nov. 30, 2014
Document And Entity Information
Entity Registrant Name	Embarr Downs, Inc.
Entity Central Index Key	1552719
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	-23
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Aug-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Common Stock, Shares Outstanding		53,744,990
Entity Public Float			$96,000

Balance_Sheet

Balance Sheet (USD $)	Aug. 31, 2014	Aug. 31, 2013
ASSETS:
Cash or cash equivalents	$23,973	$2,902
Note receivable form sale of company	10,000
Derivative assets	80,000
Thoroughbreds	43,096	55,000
Securities available for sale	128,460
Total current assets	285,529	57,902
Real estate	69,890
Renovations	23,550
Total fixed assets	93,440
Long term assets
Securities available for sale	425,570
Total long term assets	425,570
Total assets	804,539	57,902
LIABILITIES AND SHAREHOLDER EQUITY
Accounts payable	5,071
Note payable for acquisition of company	10,000
Convertible Note payable	95,500
Notes payable- related party	113,705	13,000
Mortgage for acquired property	13,342
Deferred revenue- securities available for sale	536,673
Accrued dividends	19,819
Total liabilities	794,110	13,000
Shareholder Equity:
Common stock, par value $.0001, 1,000,000 shares authorized, 51,346,435 and 78,284 issued and outstanding as of August 31, 2014 and August 31, 2013, respectively.	5,135	8
Additional paid in capital	2,220,532	61,117
Shareholder receivable	-342,872
Accumulated deficit	-1,844,776	-20,223
Total Embarr stockholders' equity	43,599	44,902
Non-controlling interest	-33,170
Total shareholders' equity	10,429	44,902
Total liabilities and shareholders' equity	804,539	57,902
Preferred Stock Series A
Shareholder Equity:
Preferred Stock	4,000	4,000
Preferred Stock Series B
Shareholder Equity:
Preferred Stock	1,566
Preferred Stock Series C
Shareholder Equity:
Preferred Stock	$14

Balance_Sheet_Parenthetical

Balance Sheet (Parenthetical) (USD $)	Aug. 31, 2014	Aug. 31, 2013
Common stock par value (in Dollars per share)	$0.00	$0.00
Common stock, shares authorized	1,000,000	1,000,000
Common stock, shares issued	51,346,435	78,284
Common stock, shares outstanding	51,346,435	78,284
Preferred Stock Series A
Preferred stock par value (in Dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	4,000,000	4,000,000
Preferred stock, shares outstanding	4,000,000	4,000,000
Preferred Stock Series B
Preferred stock par value (in Dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	1,565,696	0
Preferred stock, shares outstanding	1,565,696	0
Preferred Stock Series C
Preferred stock par value (in Dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	1,000,000	15,000,000
Preferred stock, shares issued	13,797	0
Preferred stock, shares outstanding	13,797	0

Statement_of_Operations_Unaudi

Statement of Operations (Unaudited) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Statement Of Operations
Sales, net	$79,257
Sales of Thoroughbred	26,610
Total sales	106,367
Thoroughbred expenses	77,167	4,099
Operating expenses
SG&A	1,717,671	9,574
Rent or lease	21,100
Depreciation	20,876
Total operating expenses	1,759,647	9,574
Loss on Derivative	-28,182
Interest Expense	-71,270
Total other income (expense)	-99,452
Net loss	-1,829,899	-13,673
Net loss attributable to non-controlling interest	-33,170
Net loss attributable to Embarr	-1,796,729	-13,673
Dividends declared	27,824
Net loss attributable to common shareholders'	($1,824,553)	($13,673)
Earnings Per Share, Basic and Diluted	($0.05)	($0.35)
Weighted average number of shares outstanding	36,445,751	39,548

Statement_of_Changes_in_Stockh

Statement of Changes in Stockholders' (Deficit) Equity (USD $)	Common Stock	Series A Preferred Stock	Series B Preferred Stock	Series C Preferred Stock	Additional Paid-In Capital	Non-Controlling Interest	Accumulated Deficit	Shareholder Receivable	Total
Beginning Balance, Amount at Aug. 31, 2012	$4	$4,000			($4,121)		($6,550)		$1,575
Beginning Balance, Shares at Aug. 31, 2012	38,400	4,000,000
Reverse merger adjustment, Shares	30,084
Reverse merger adjustment, Amount	3				-3
Common shares issued for thoroughbred, Shares	9,800
Common shares issued for thoroughbred, Amount	1				48,999				49,000
Contributed Capital					8,000				8,000
Net Loss							-13,673		-13,673
Ending Balance, Amount at Aug. 31, 2013	8	4,000			61,117		-20,223		44,902
Ending Balance, Shares at Aug. 31, 2013	78,284	4,000,000
Common shares issued for services, Shares	45,000,000								45,000,000
Common shares issued for services, Amount	4,500				940,500				945,000
Common shares issued for cash, Shares	2,055,857
Common shares issued for cash, Amount	206				616,551			-342,872	273,885
Common shares issued for the settlement of debt, Shares	944,143
Common shares issued for the settlement of debt, Amount	94				283,149				283,243
Common shares issued for convertible debt, Shares	3,268,151
Common shares issued for convertible debt, Amount	327				38,673				39,000
Reclass of Derivative to APIC for conversion					136,364				136,364
Series B Preferred Shares issued as compensation, Shares			1,565,696
Series B Preferred Shares issued as compensation, Amount			1,566		-1,566
Series C Preferred Shares issued as compensation, Shares				13,797
Series C Preferred Shares issued as compensation, Amount				14	-14
Distrubition to related party					-95,928				-95,928
Dividends							-27,824		-27,824
Stock compensation of subsidiary					250,000				250,000
Adjustment to Additional paid in capital for related company distribution					-8,314				-8,314
Net Loss						-33,170	-1,796,729		-1,829,899
Ending Balance, Amount at Aug. 31, 2014	$5,135	$4,000	$1,566	$14	$2,220,532	($33,170)	($1,844,776)	($342,872)	$10,429
Ending Balance, Shares at Aug. 31, 2014	51,346,435	4,000,000	1,565,696	13,797

Statement_of_Cash_Flows_Unaudi

Statement of Cash Flows (Unaudited) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Cash flows from operating activities
Net income (loss)	($1,796,729)	($13,673)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Non-controlling interest	-33,170
Revenue from securities for consulting	-67,358
Depreciation expense	20,876
Amortization of debt discount	68,182
Stock based compensation	945,000
Stock based compensation of subsidiary	250,000
Loss on derivative	28,182
Changes in operating assets and liabilities:
Thoroughbred - Inventory	19,028
Deferred revenue - securities held	10,000
Accounts Payable	5,072
Accrued Interest	2,743
Net cash used in operating activities	-548,174	-13,673
Cash paid for real estate	-69,890
Cash paid for thoroughbred	-28,000
Cash paid for renovations	-23,550
Net cash used in investing activities	-121,440	0
Cash flows from financing activities
Proceeds from sale of stock	273,885	8,000
Dividend payment	-8,005
Borrowed from third party	133,000
Borrowed on line of credit	282,000
Mortgage note payable	13,342
Distribution to related party	-104,242
Payment on debt from - related party	-27,465
Borrowings on debt from - related party	128,170	7,000
Net cash provided by financing activities	690,685	15,000
Net cash provided by financing activities	21,071	1,327
Cash balance, beginning of periods	2,902	1,575
Cash balance, end of periods	23,973	2,902
Non-cash investing and financing transactions
Subscription Receivables	342,872
Shares issued for the settlement of debt and accrued interest	283,243
Series B Preferred Shares issued to Common Stock Share holder	1,566
Series C Preferred Shares issued to Common Stock Share holder	14
Note receivable/payable for sale and purchase of shell	10,000
Conversion of debt to shares	39,000
Record derivative on convertible notes	68,182
Reclass of derivative to additional paid in capital	136,364
Accrued dividends	$19,819

Nature_of_Operations

Nature of Operations	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 1 - Nature of Operations	Embarr Downs, Inc. (“we”, “us”, “our”, the "Company" or the "Registrant") was originally incorporated in the State of Florida on June 27, 1997 under the name of July Project III Corp. and changed our name to Globalgroup Investment Holdings, Inc. on October 18, 2000 and subsequently changed our name to Embarr Downs, Inc. on August 20, 2013. The Company was reincorporated in Nevada on March 12, 2012. The Company is domiciled in the state of Nevada, and its corporate headquarters are located in the Los Angeles area of California. On August 20, 2013, the Company entered into an Agreement whereby the Company acquired 100% of Embarr Downs of California, Inc., incorporated in the State of California on February 23, 2013, and all operations of Embarr Downs, Inc., along with all the prior assets and liabilities were spun off through Sovereign Oil, Inc. On August 20, 2013, the acquisition closed and under the terms of the Agreement the Embarr Downs was the surviving entity. The Company selected August 31 as its fiscal year end. On August 21, 2014, the Company acquired 100% WB Partners from its majority shareholders. As part of the acquisition of WB Partners the company also acquired 87% of SouthCorp Capital and 99% of Torrent Energy as operating subsidiaries of the Company. The Company and WB Partners were under common control at the date of merger and therefore have been accounted for as a merger of entities under common control under ASC 805-50 and historical cost of WB Partners and its subsidiaries have been used in combining WB Partners and the Company as if they had been combined since the inception of WB Partners which was June 2014.
	The Company is a holding company that operates through its 4 operating subsidiaries. This is the current corporate organization:
	Embarr Downs of California: Is in business is the buying, selling and racing of thoroughbreds. The company’s focus is acquiring partial ownership in horses that can race in allowance or stakes level races. Allowance races are a race other than claiming for which the racing secretary drafts certain conditions. Stakes races are the top level races. The purse money is significantly higher in allowance and stakes level races. Claiming refers to the process by which a licensed person may purchase a horse entered in a race designated as a “claiming race” for a predetermined price. When a horse has been claimed, its new owner assumes title after the starting gate opens although the former owner is entitled to all purse money earned in that race. Claiming races are lowest level in thoroughbred racing. Stakes and allowance races are races in which the horses are not for sale.
	The Company currently owns the following horses
	Horse	Location	Percent Owned	Deprecation(2)
	Rock Off	California	100%	$24,445
	Street Car	California	100%	$366(3)
	Lone Warrior	California	10%	$0(1)
	_______________
	(1) Our CEO provided the 10% interest for $0. Unrelated 3rd parties own the remaining 90%.
	(2) The Company had $648 in deprecation for thoroughbreds sold or claimed from the Company.
	(3) Street Car was injured in March 2014 and began training again in October 2014. The Company didn’t deprecate during the time the horse was not in training.
	SouthCorp Capital, Inc.: Southcorp Capital, Inc. is a Delaware corporation. The Company’s focus is on the acquisition and renovation of single-family and mutli-family properties in the U.S with the intent of reselling or renting the property after renovations have occurred. Our real estate investments are expected to focus properties undervalued and/or in need of some repairs.
	We seek potential property acquisitions meeting the above criteria and which are located throughout the United States. We believe the most important criteria for evaluating the markets in which we intend to purchase properties include:
	·	historic and projected population growth;
	·	historically high levels of tenant demand and lower historic investment volatility for the type of property being acquired;
	·	markets with historic and growing numbers of a qualified and affordable workforce;
	·	high historic and projected employment growth;
	·	markets where demographics support need for senior living and healthcare related facilities;
	·	markets with high levels of insured populations;
	·	stable household income and general economic stability; and
	·	sound real estate fundamentals, such as high occupancy rates and strong rent rate potential.
	The markets in which we invest may not meet all of these criteria and the relative importance that we assign to any one or more of these criteria may differ from market to market or change as general economic and real estate market conditions evolve. We may also consider additional important criteria in the future. In order to diversify our portfolio, we may acquire a portion of our real estate investments through joint ventures with affiliates and third parties, such as institutional investors.
	WB Partners: WB Partners provides consulting services to companies. The Company provides consulting services to a wide variety of both financially sound and distressed organizations by helping clients in diverse industries improve performance, transform the enterprise, reduce costs, leverage technology, process and review large amounts of complex data, address regulatory changes, recover from distress and stimulate growth, or to go public. Our professionals employ their expertise in finance, operations, strategy and technology to provide our clients with specialized analyses and customized advice and solutions that are tailored to address each client's particular challenges and opportunities to deliver sustainable and measurable results.
	Torrent Energy: Torrent Energy Corp. is a Colorado corporation. The Company developing various gourmet food products. The Company has begun development of compound butter and expects to begin development of a pancake and waffle syrup in November 2014. The company has begun developing compound butter flavors of: Maple, Pecan Brown Sugar, Blueberry, Strawberry, Orange Balsamic Vinegar, Cinnamon and Pumpkin Spice.
	Going Concern
	The Company's financial statements are prepared using accounting principles generally accepted in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company does not have significant cash or other current assets, nor does it have an established source of revenues sufficient to cover its operating costs and to allow it to continue as a going concern.
	Under the going concern assumption, an entity is ordinarily viewed as continuing in business for the foreseeable future with neither the intention nor the necessity of liquidation, ceasing trading, or seeking protection from creditors pursuant to laws or regulations. Accordingly, assets and liabilities are recorded on the basis that the entity will be able to realize its assets and discharge its liabilities in the normal course of business.
	The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the preceding paragraph and eventually attain profitable operations. The accompanying financial statements do not include any adjustments that may be necessary if the Company is unable to continue as a going concern.
	In the coming year, the Company’s foreseeable cash requirements will relate to continual development of the operations of its business, maintaining its good standing and making the requisite filings with the Securities and Exchange Commission, and the payment of expenses associated with operations and business developments. The Company may experience a cash shortfall and be required to raise additional capital.
	Historically, it has mostly relied upon internally generated funds such as shareholder loans and advances to finance its operations and growth. Management may raise additional capital by retaining net earnings or through future public or private offerings of the Company’s stock or through loans from private investors, although there can be no assurance that it will be able to obtain such financing. The Company’s failure to do so could have a material and adverse affect upon it and its shareholders.

Significant_Accounting_Policie

Significant Accounting Policies	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 2 - Significant Accounting Policies	Accounting Method
	The Company's financial statements are prepared using the accrual method of accounting. The Company has elected a fiscal year ending on August 31.
	Consolidation of Subsidiaries
	Our consolidated financial statements include the accounts of majority-owned, controlled subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
	Use of estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Actual results could differ from those estimates.
	Cash and cash equivalents
	The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.
	Depreciation
	The Company depreciates horses that it acquires a 50% or greater position in. The Company depreciates the horse via straight-line depreciation over its useful life of 3 years.
	The Company depreciates houses that it acquires a 50% or greater position in. The Company depreciates the house via straight-line depreciation over its useful life of 27.5 years.
	Basic and diluted net loss per share
	The Company computes loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using treasury stock method, and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive. Common stock equivalents pertaining to the convertible debt, options, warrants and convertible preferred shares were not included in the computation of diluted net loss per common share because the effect would have been anti-dilutive due to the net loss for the years ended August 31, 2014 and 2013.
	Income taxes
	The Company accounts for income taxes under ASC 740 "Income Taxes" which codified SFAS 109, "Accounting for Income Taxes" and FIN 48 “Accounting for Uncertainty in Income Taxes – an Interpretation of FASB Statement No. 109.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets 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. Under ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.
	Research and Development
	Costs associated with the thoroughbred research are charged to expense as incurred.
	Revenue Recognition
	Real Estate Revenue Recognition
	The company pursues opportunities to realize revenues from two principal activities: sale of houses it renovates and rental income. It is the company’s policy that revenues and gains will be recognized in accordance with ASC Topic 360.
	Sale of the Company’s real estate property will occur through the use of a sales contract where revenues from renovated real estate property sales will be recognized upon closing of the sale. In accordance with FASB ASC 360-20, the Company will use the accrual method and recognize revenue on the sale of its properties when the earnings process is complete and the collectability of the sales price and additional proceeds is reasonably assured, which is typically when the sale of the property closes. At the time of sale the Company will determine it the transaction will be recognized under the full accrual method, installment method, cost recovery method, deposit method or reduced profit method. Rental Income is recognized at the time the Company deposits the monies.
	Thoroughbred Revenue Recognition
	The company pursues opportunities to realize revenues from two principal activities: purse winnings from racing horses and selling its horses in claiming races. It is the company’s policy that revenues and gains will be recognized in accordance with ASC Topic 605-10-25, “Revenue Recognition.” Under ASC Topic 605-10-25, revenue earning activities such as horse races are recognized upon claiming the purse winnings and the company has substantially accomplished all it must do to be entitled to the benefits represented by the revenue. Gains or losses from the sale of the horses are recognized when the horse is sold or otherwise disposed of, the cost and associated accumulated depreciation are removed from the accounts and the resulting gain or loss is recognized in the statement of operations.
	Consulting Revenue Recognition
	The company pursues opportunities to realize revenues from consulting services. It is the company’s policy that revenues and gains will be recognized in accordance with ASC Topic 605-10-25, “Revenue Recognition.” Under ASC Topic 605-10-25, revenue earning activities are recognized when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. In cases where the company receives equity instruments of its customers in exchange for services provided, the Company follows ASC 505-50-30 for determining when to measure the value of the equity instruments received.
	Investments
	The Company accounts for its investment in marketable securities in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 320, Investments – Debt and Equity Securities. See Note 3 for further information. FASB ASC 320 requires certain securities to be classified into three categories:
	Held-to-maturity – Debt securities that the entity has the positive intent and ability to hold to maturity are reported at amortized cost.
	Trading securities – Debt and equity securities that are bought and held primarily for the purpose of selling in the near term are reported at fair value, with unrealized gains and losses included in earnings.
	Available-for-sale – Debt and equity securities not classified as either securities held-to-maturity or trading securities are reported at fair value with unrealized gains or losses excluded from earnings and reported as a separate component of shareholders’ equity.
	Fair Value Measurements
	As defined in ASC 820 “Fair Value Measurements”, fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).
	The three levels of the fair value hierarchy defined by ASC 820 are as follows:
	Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.
	Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date. Level 2 includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.
	Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value.
	The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on August 31, 2014:
		Level 1		Level 2		Level 3		Total
	Assets
	Derivative financial instruments	$	-	$	-	$	80,000	$	80,000
	Marketable securities available for sale	$	128,460	$	425,570	$	-	$	554,030
	Liabilities
	Derivative financial instruments	$	-	$	-	$	-	$	-
	Recently issued accounting standards
	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 pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Related_Party_Transaction

Related Party Transaction	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 3 - Related Party Transaction	As of August 31, 2014, a note payable of $113,705 was due to the Company’s officers compared to $13,000 on August 31, 2013. Through the end of the fiscal year August 31, 2014, the Company’s officers contributed $128,170 as a note payable and repaid $27,465 for a total remaining amount owed of $113,705. This note is unsecured, non-interest bearing and matures on December 31, 2015. The Company and WB Partners were under common control through Joseph Wade at the date of merger and therefore have been accounted for as a merger of entities under common control under ASC 805-50 and historical cost of WB Partners and its subsidiaries have been used in combining WB Partners and the Company as if they had been combined since the inception of WB Partners which was June 2014.
	On August 20, 2013, the acquisition closed and under the terms of the Agreement the Embarr Downs was the surviving entity. The Company selected August 31 as its fiscal year end. On August 21, 2014, the Company acquired 100% WB Partners from its majority shareholders. As part of the acquisition of WB Partners the company also acquired 87% of SouthCorp Capital and 99% of Torrent Energy as operating subsidiaries of the Company. The Company recognized $250,000 of stock compensation related to the subsidiary during year ended August 31, 2014.
	The Company’s subsidiary SouthCorp Capital booked a one-time $250,000 in expenses related stock issuance of Southorp Capital stock to its CEO and COO.
	The Company also had expenses of 95,928 related to distributions to related parties and $8,314 in adjustment to Additional Paid in Capital for relate company distribution.

Convertible_Notes_Payable

Convertible Notes Payable	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 4 - Convertible Notes Payable	KBM Worldwide December 30, 2013 convertible note. On December 30, 2013 the Company received a note in the amount of $37,500 from KBM Worldwide, Inc. The note bears a simple interest of 8% per annum from the date hereof (the “Issue Date”) until it becomes due and payable, whether at maturity date on September 30, 2013. The note is convertible into shares of Common Stock, $0.0001 par value per share. This note has been converted for the entire amount of this note through the issuance of 3,268,151 shares. As such there is no amount owned on this note.
	KBM Worldwide April 28, 2014 convertible note. On April 28, 2014 the Company received a note in the amount of $53,000 from KBM Worldwide, Inc. The note bears a simple interest of 8% per annum from the date hereof (the “Issue Date”) until it becomes due and payable, whether at maturity date on January 28, 2014. The note is convertible into shares of Common Stock, $0.0001 par value per share 180 days from the issue date. As of August 31, 2014 this note is not considered to be a derivative.
	KBM Worldwide July 16, 2014 convertible note. On July 16, 2014 the Company received a note in the amount of $42,500 from KBM Worldwide, Inc. The note bears a simple interest of 8% per annum from the date hereof (the “Issue Date”) until it becomes due and payable, whether at maturity date on April 15, 2015. The note is convertible into shares of Common Stock, $0.0001 par value per share 180 days from the issue date. As of August 31, 2014 this note is not considered to be a derivative.

Derivative_Liabilities

Derivative Liabilities	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 5 - Derivative Liabilities	The Company issued convertible notes that are convertible into Class A common shares at a discount from the market price of the Company’s Common Stock price. The Company analyzed the conversion options embedded in the convertible notes for derivative accounting consideration under ASC 815, Derivatives and Hedging, and determined that the instruments embedded in the above referenced convertible promissory notes should be classified as liabilities and recorded at fair value due to their being no explicit limit to the number of shares to be delivered upon settlement of the conversion options. Because the number of shares to be issued upon settlement of the above referenced convertible promissory notes cannot be determined under this instrument, Company cannot determine whether it will have sufficient authorized shares at a given date to settle any other future share instruments. On the date the notes became convertible, the conversion options were classified as derivative liabilities at their fair value.
	During 2014, certain notes payable were converted resulting in settlement of the related derivative liabilities. The Company re-measured the embedded conversion options at fair value on the date of settlement and recorded these amounts to additional paid-in capital.
	The following table summarizes the changes in the derivative liabilities during the year ended August 31, 2014:
	Balance as of August 31, 2014	$	-
	Additions from new convertible notes issued		68,182
	Reclassification of derivative liabilities to additional paid-in capital due to conversion of related notes payable		(136,364	)
	Change in fair value		68,182
	Ending balance as of August 31, 2014	$	-
	The Company used Black Scholes model, assuming maximum value to determine effectively the stock price on the date of measurement of the derivative liability.

Common_and_Preferred_Stock

Common and Preferred Stock	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 6 - Common and Preferred Stock	Shares issued for services
	During the nine months ended May 31, 2014, the Company issued 45,000,000 shares of common stock to employees and third party consultants as compensation. The fair value of the shares was determined to be $945,000.
	Shares issued for settlement of debt and accrued interest
	The company issued 944,143 of common shares to settle $282,000 of the line of credit outstanding as well as $1,243 of accrued interest with the third party. The fair value of the shares issued was $246,421. The Company recorded $36,822 as a gain on settlement of debt.
	Shares issued for cash
	During the fiscal year end August 31, 2014, the company issued 2,055,857 shares of common stock to a third party for the proceeds of $616,757. As of August 31, 2014, the company has received $273,885 of the $616,757 with the remaining $342,872 outstanding as a stock subscription.
	Shares issued for conversion of convertible debt
	The Company issued 3,268,151 shares for the conversion of convertible debt of $37,500 and interest of $1,500. The Company recorded $136,364 to additional paid in capital for the reclassification of derivative liabilities due to conversion of convertible notes.
	Reverse stock split
	On September 20, 2013, the Company executed a Fifty Thousand to One (50,000:1) reverse stock split of issued and outstanding shares of its Common Stock. As part of the reverse, the total authorized shares of Common Stock were reduced to 500,000,000 shares. The Company accounted for the reverse stock split retrospectively and is presented accordingly in the Company’s financial statements.
	Common Stock
	The Certificate of Incorporation, as amended, authorizes the Company to issue up to 500,000,000 shares of Common Stock ($0.0001 par value). As of August 31, 2014, there are 51,346,461 shares of our Common Stock issued and outstanding compared to 78,284 on August 31, 2014. All outstanding shares of Common Stock are of the same class and have equal rights and attributes. Holders of our Common Stock are entitled to one vote per share on matters to be voted on by shareholders and also are entitled to receive such dividends, if any, as may be declared from time to time by our Board of Directors in its discretion out of funds legally available therefore.
	Series A Preferred
	The Series A Preferred Stock consist of 5,000,000 authorized and 4,000,000 are issued and outstanding as of the date of this filing. There were 4,000,000 shares outstanding as of August 31, 2013.
	The Series A Preferred has the following terms and rights:
	Dividend: No dividend rights
	Ranks: Ranks superior to the Company’s Common Stock as to distributions of assets upon liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, including the payment of dividends.
	Conversion Provisions. Each Series A Preferred Share cannot be converted into Common Shares, unless it is approved by the Board of Directors and agreed upon by the Series A Preferred Shareholders.
	Voting Rights. Except as otherwise required by law, each Series A Preferred Share shall have voting rights and shall carry a voting weight equal to two thousand five hundred (2,500) Common Shares. Except as otherwise required by law or by these Articles, the holders of shares of Common Stock and Preferred Stock shall vote together.
	Series B Preferred Stock
	On September 20, 2012, the Company approved of the issuance of Series B Preferred Stock to its Common Stock shareholders. Each common stock shareholders, prior to the reverse stock split, received one share of Series B Preferred Stock for each 2,500 common stock shares owned. As a result 1,565,696 of Series B Preferred Stocks were issued for a total fair value of $1,566. The stock dividend is considered an equity transaction due to all shareholders participating in the issuance.
	The Series B Preferred Stock consists of 2,000,000 authorized and 1,565,696 are issued and outstanding as of the date of this filing. The Series B Preferred has the following terms and rights:
	Dividend: No dividend rights
	Ranks: All shares of Preferred Stock shall rank superior with all of the Corporation's Common Stock, $.0001 par value (the "Common Stock"), now or hereafter issued, as to distributions of assets upon liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, including the payment of dividends.
	Conversion Provisions.
	(a) The company may convert, at any time by an affirmative vote of the Board of Directors, the shares of the Series B Preferred Stock into Common Stock equal to a rate equal to $1.00 divided by the closing price of the Company’s Common Stock as listed by OTC Markets (“Market Value”) for the date the conversion was approved by the Board of Directors. If no closing price is available, then the Market Value shall be assumed to be $1.00 per common share. Any fractional share shall be rounded up to the nearest share.
	(b) Each share of the Series B Preferred Stock, unless previously converted, will automatically convert on August 31, 2018 (the “mandatory conversion date”), into a number of shares of common stock equal to a rate equal to $1.00 divided by the closing price of the Company’s Common Stock as listed by OTC Markets (“Market Value”) for the date the conversion was approved by the Board of Directors. If no closing price is available, then the Market Value shall be assumed to be $1.00 per common share. Any fractional share shall be rounded up to the nearest share.
	Voting Rights. The holders of the mandatory convertible preferred stock do not have voting rights other than those specifically required by Nevada law.
	Series C Preferred Stock
	On April 16, 2014, the Company approved of the issuance of Series C Preferred Stock to its Common Stock shareholders. Each common stock shareholders received one share of Series B Preferred Stock for each 3,500 common stock shares owned. As a result 13,797 of Series B Preferred Stocks were issued for a total fair value of $1. The stock dividend is considered an equity transaction due to all shareholders participating in the issuance.
	The Series C Preferred Stock consists of 15,000,000 authorized and 113,797 are issued and outstanding as of the date of this filing. The Series C Preferred has the following terms and rights:
	Rank. All shares of Preferred Stock shall rank superior with all of the Corporation's Common Stock, no par value (the "Common Stock"), now or hereafter issued, as to distributions of assets upon liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, including the payment of dividends.
	Dividends. No dividend shall be declared or paid on the Preferred Stock unless approved and declared by the Board of Directors.
	No Liquidation Preference. In the event of any voluntary or involuntary liquidation, dissolution, or winding-up of the Corporation, the Series C Preferred shares shall have no priority on liquidation superior to that of the other Preferred Stock. The Series C Preferred shareholders will be entitled to preferential amounts paid in to the Corporation and be paid in full, for funds paid for the Series C Preferred Shares, if sufficient funds exist . The holders of shares of other series of Preferred Stock shall be entitled to participate with the Common Stock in all of the remaining assets of the Corporation available for distribution to its stockholders, ratably with the holders of Common Stock in proportion to the number of shares of Common Stock held by them, assuming for each holder of Preferred Stock on the record date for such distribution that each holder was the holder of record of the number (including any fraction) of shares of Common Stock into which the shares of Preferred Stock then held by such holder are then convertible. A liquidation, dissolution, or winding-up of the Corporation, as such terms are used in this Section 5, shall not be deemed to be occasioned by or to include any merger of the Corporation with or into one or more corporations or other entities, any acquisition or exchange of the outstanding shares of one or more classes or series of the Corporation, or any sale, lease, exchange, or other disposition of all or a part of the assets of the Corporation.
	Voting Rights. The holders of the preferred stock do not have voting rights other than those specifically required by Nevada law.
	No Redemption. The shares of Preferred Stock are not redeemable, unless approved by the Board of Directors and agreed upon by the Series C Preferred Shareholders.
	Dividends
	During the Fiscal Year ending August 31, 2014, the Company declared $27,824 in dividends. As of August 31, 2014, the company paid $8,005 and has accrued $19,819 in dividends.

Note_Receivable_Mortgage_and_S

Note Receivable, Mortgage and Securities Available for sale	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 7 - Note Receivable, Mortgage and Securities Available for sale	Note receivable from consulting services
	The Company, through WB Partners, provides consulting services to clients. The Company typically is paid in cash or stock. During the fiscal year ending August 31, 2014, the Company received a note receivable for consulting services performed. The amount of the note is $40,000. The Company may convert the note into shares of Signal Bay at a conversion price of 50% of the market price at the time of conversion. The Company recorded $80,000 in derivative asset related to this note receivable
	Securities available for sale
	The Company, through WB Partners, provides consulting services to clients. The Company typically is paid in cash or stock. When paid in stock the Company books the stock as Securities Available For Sale. The Company recognizes the revenue based on the current price per share of the stock received at the date the services are complete and prior to completion, interim measurements are taken at each reporting date. At the time the Company sells or otherwise disposes the shares, the company will record any realized gain or loss on the sale of the stock. After a measurement date has been reached for revenue recognition purposes, interim changes in fair value of the stock are reflected in Other Comprehensive Income (Loss) as an unrealized gain (loss).
	The table below shows the number of shares WB Partners received as compensation for services and how they were accounted for:
	Nate’s Food Co.: The Company received the following shares as compensation:
	Issuer	Type	Share #	Revenue	Deferred Revenue	Net Revenue	Long Term/Short Term
	Nate's Food	Common	600,000	15,960	0	15,960	Short
	Nate's Food	Preferred	1,250	332,500	304,903	27,597	Long
	Nate's Food	Warrants	6,000,000	0	0	0	Short
	As such, the Company received a total of $348,460 on total compensation with $304,903 deferred over the 24-month consulting contract with Nate’s Food.
	Vortex Brands: The Company received the following shares as compensation:
	Issuer	Type	Share #	Revenue	Deferred Revenue	Net Revenue	Long Term/Short Term
	Vortex	Common	9,000,000	36,900	22,837	14,063	Short
	Vortex	Preferred	19,000	77,900	68,162	9,738	Long
	Signal Bay: The Company received the following shares as compensation:
	Issuer	Type	Share #	Revenue	Deferred Revenue	Net Revenue	Long Term/Short Term
	Signal Bay	Common	1,850,000	15,170	0	15,170	Long
	Signal Bay	Cash	-	10,000	0	10,000	-
	Signal Bay	Derivative asset		80,000	65,170	14,830	Long
	The derivative asset relates to promissory note the Company received from Signal Bay for $40,000 for services rendered. The Company may convert the note into shares of Signal Bay at a conversion price of 50% of the market price at the time of conversion. The Company recorded $80,000 in derivative asset related to this note receivable.
	Mortgage for acquired property
	The Company financed the purchase of one of its properties. The amount owed as of August 31, 2014 was $13,342. The Company pays $350 per month with a balloon payment of $9,750 due on April 1, 2015. The interest rate is 0% and is secured by the property.

Property_Information

Property Information	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 8 - Property Information	The table below includes the properties owned by the Company as of August 31, 2014:
	Property	City, State	Acquisition Date	Type	Purchase Price
	808 N. Franklin Street	Portland, Indiana	14-Apr	Single Family	$1,500
	465 Fulton	Berne, Indiana	14-Apr	Vacant Land	$1,500
	Jefferson Street	Berne, Indiana	14-Apr	Vacant Industrial	$2,500
	356 Franklin Street	Berne, Indiana	14-Apr	Single Family	$16,000
	163 Behring Street	Berne, Indiana	14-Apr	Commercial	$35,000
	8841 N. Pearl Street	Bryant, Indiana	14-Apr	Single Family	$1,500
	237 E. Delaware Street	Redkey, Indiana	14-Apr	Single Family	$1,500
	8218 N 950W	Montpelier, Indiana	14-Apr	Single Family	$2,500
	7003 Balsam Lane	Fort Wayne, Indiana	14-May	Single Family	$6,000
	1063 Winchester	Decauter, Indiana	14-Aug	Single Family	$1,890
	Except for 356 Franklin and 1063 Winchester, the properties list above were purchased by our CEO and a note was issued to our CEO. The property located at 356 Franklin was financed by the seller who carried back a mortgage that the Company pays $350 per month with the balance due April 2015. The property located at 1063 Winchester was paid n cash by the Company.
	Renovations: The Company is currently renovating 7003 Balsam Lane. Through August 31, 2014, the Company has spent $23,550 in renovations to the property. Once these renovations are complete the Company will begin renovations on 356 Franklin Street.

Segment_Information

Segment Information	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 9 - Segment Information	The Company is organized as, and operates in, real estate, consulting and thoroughbred racing/breeding. The Company’s chief operating decision-maker is its Chief Executive Officer. The Company’s Chief Executive Officer reviews financial information presented on a consolidated basis for purposes of evaluating financial performance and allocating resources, accompanied by information about revenue by geographic regions. The Company’s assets are primarily located in the United States of America and not allocated to any specific region and it does not measure the performance of its geographic regions based upon asset-based metrics. Therefore, geographic information is presented only for revenue. Revenue by geographic region is based on the ship to address on the customer order.  At August 31, 2013, thoroughbred racing was the only segment of operations for the Company.
	Segments:
	Embarr Downs Of California – owns and operates the Company’s thoroughbreds.
	Embarr Downs of California	Year Ended August 31, 2014
	Revenue	$	26,604
	Cost of Goods		30,973
	Operating Expenses		50,109
	Total Loss	$	(54,478	)
	Embarr Downs of California	Year Ended August 31, 2014
	Cash	$	20,515
	Thoroughbreds		43,096
	Liabilities		-
	Total Equity	$	63,611
	This segment also had $20,876 in deprecation.  This segment has no interest expense or income or extraordinary items.
	WB Partners – provides consulting work to companies.
	WB Partners	Year Ended August 31, 2014
	Sales, net	$	74,257
	Operating Expenses		-
	Total Profit	$	74,257
	WB Partners	Year Ended August 31, 2014
	Cash	$	-
	Current assets		90,000
	Long term assets		554,030
	Deferred revenue		536,673
	Liabilities		10,000
	Total Equity	$	97,357
	This segment has no deprecation, interest expense or income or extraordinary items.
	SouthCorp Capital – owns and manages the Company’s real estate.
	SouthCorp Capital	Year Ended August 31, 2014
	Sales, net	$	5,500
	Cost of Goods		-
	Operating Expenses		267,914
	Total Loss	$	(262,414	)
	SouthCorp Capital	Year Ended August 31, 2014
	Cash	$	3,458
	Real Estate		93,440
	Liabilities		131,736
	Total Equity	$	(34,838	)
	This segment has no deprecation, interest expense or income or extraordinary items.
	Torrent Energy – currently does not have any operations.
	Torrent Energy	Year Ended August 31, 2014
	Revenue	$	-
	Cost of Goods		-
	Operating Expenses		-
	Total Profit	$	-
	Torrent Energy	Year Ended August 31, 2014
	Assets	$	-
	Liabilities		-
	This segment has no deprecation, interest expense or income or extraordinary items.

Income_Taxes

Income Taxes	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 10 - Income Taxes	We did not provide any current or deferred U.S. federal income tax provision or benefit for any of the periods presented because we have experienced operating losses since inception. Under ACS 740 “Income Taxes,” when it is more likely than not that a tax asset cannot be realized through future income the Company must allow for this future tax benefit. We provided a full valuation allowance on the net deferred tax asset, consisting of net operating loss carryforwards, because management has determined that it is more likely than not that we will not earn income sufficient to realize the deferred tax assets during the carryforward period.
	The Company has not taken a tax position that, if challenged, would have a material effect on the financial statements for the periods ended August 31, 2014, applicable under ACS 740. As a result of the adoption of ACS 740, we did not recognize any adjustment to the liability for uncertain tax position and therefore did not record any adjustment to the beginning balance of accumulated deficit on the balance sheet. The company has a net operating loss carry forward of approximately $504,000 and $20,000 for the year ended August 31, 2014 and 2013, respectively which start to expires in 2032. This carry forward may be limited upon the consummation of a business combination under IRC Section 381.
	The component of the Company’s deferred tax asset as of August 31, 2014 and 2013 are as follows:
		2014			2013
	Deferred Tax Assets	$	171,602		$	7,078
	Valuation allowance		(171,602	)		(7,078	)
	Net deferred tax asset	$	-		$	-

Subsequent_Events

Subsequent Events	12 Months Ended
	Aug. 31, 2014
Notes to Financial Statements
Note 11 - Subsequent Events	In August 2014, the Company agreed to sell 3 of its properties for $105,000. The closing occurred on September 15, 2014 and the Company provided financing to the buyer. The Company will receive $291.66 per month with a balloon payment on March 15, 2017 of $99,750.
	KBM Worldwide September 5, 2014 convertible note. On September 5, 2014 the Company received a note in the amount of $42,500 from KBM Worldwide, Inc. The note bears a simple interest of 8% per annum from the date hereof (the “Issue Date”) until it becomes due and payable, whether at maturity date on June 5, 2015. The note is convertible into shares of Common Stock, $0.0001 par value per share.

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	12 Months Ended
	Aug. 31, 2014
Significant Accounting Policies Policies
Accounting Method	The Company's financial statements are prepared using the accrual method of accounting. The Company has elected a fiscal year ending on August 31.
Consolidation of Subsidiaries	Our consolidated financial statements include the accounts of majority-owned, controlled subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation.
Use of estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America 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. Actual results could differ from those estimates.
Cash and cash equivalents	The Company considers all highly liquid investments with maturities of three months or less at the time of purchase to be cash equivalents.
Depreciation	The Company depreciates horses that it acquires a 50% or greater position in. The Company depreciates the horse via straight-line depreciation over its useful life of 3 years.
	The Company depreciates houses that it acquires a 50% or greater position in. The Company depreciates the house via straight-line depreciation over its useful life of 27.5 years.
Basic and diluted net loss per share	The Company computes loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of common shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including stock options, using treasury stock method, and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential common shares if their effect is anti-dilutive. Common stock equivalents pertaining to the convertible debt, options, warrants and convertible preferred shares were not included in the computation of diluted net loss per common share because the effect would have been anti-dilutive due to the net loss for the years ended August 31, 2014 and 2013.
Income taxes	The Company accounts for income taxes under ASC 740 "Income Taxes" which codified SFAS 109, "Accounting for Income Taxes" and FIN 48 “Accounting for Uncertainty in Income Taxes – an Interpretation of FASB Statement No. 109.” Under the asset and liability method of ASC 740, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets 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. Under ASC 740, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.
Research and Development	Costs associated with the thoroughbred research are charged to expense as incurred.
Revenue Recognition	Real Estate Revenue Recognition
	The company pursues opportunities to realize revenues from two principal activities: sale of houses it renovates and rental income. It is the company’s policy that revenues and gains will be recognized in accordance with ASC Topic 360.
	Sale of the Company’s real estate property will occur through the use of a sales contract where revenues from renovated real estate property sales will be recognized upon closing of the sale. In accordance with FASB ASC 360-20, the Company will use the accrual method and recognize revenue on the sale of its properties when the earnings process is complete and the collectability of the sales price and additional proceeds is reasonably assured, which is typically when the sale of the property closes. At the time of sale the Company will determine it the transaction will be recognized under the full accrual method, installment method, cost recovery method, deposit method or reduced profit method. Rental Income is recognized at the time the Company deposits the monies.
Thoroughbred Revenue Recognition	The company pursues opportunities to realize revenues from two principal activities: purse winnings from racing horses and selling its horses in claiming races. It is the company’s policy that revenues and gains will be recognized in accordance with ASC Topic 605-10-25, “Revenue Recognition.” Under ASC Topic 605-10-25, revenue earning activities such as horse races are recognized upon claiming the purse winnings and the company has substantially accomplished all it must do to be entitled to the benefits represented by the revenue. Gains or losses from the sale of the horses are recognized when the horse is sold or otherwise disposed of, the cost and associated accumulated depreciation are removed from the accounts and the resulting gain or loss is recognized in the statement of operations.
Consulting Revenue Recognition	The company pursues opportunities to realize revenues from consulting services. It is the company’s policy that revenues and gains will be recognized in accordance with ASC Topic 605-10-25, “Revenue Recognition.” Under ASC Topic 605-10-25, revenue earning activities are recognized when all of the following criteria are met: (i) persuasive evidence of an arrangement exists, (ii) the product has been shipped or the services have been rendered to the customer, (iii) the sales price is fixed or determinable, and (iv) collectability is reasonably assured. In cases where the company receives equity instruments of its customers in exchange for services provided, the Company follows ASC 505-50-30 for determining when to measure the value of the equity instruments received.
Investments	The Company accounts for its investment in marketable securities in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 320, Investments – Debt and Equity Securities. See Note 3 for further information. FASB ASC 320 requires certain securities to be classified into three categories:
	Held-to-maturity – Debt securities that the entity has the positive intent and ability to hold to maturity are reported at amortized cost.
	Trading securities – Debt and equity securities that are bought and held primarily for the purpose of selling in the near term are reported at fair value, with unrealized gains and losses included in earnings.
	Available-for-sale – Debt and equity securities not classified as either securities held-to-maturity or trading securities are reported at fair value with unrealized gains or losses excluded from earnings and reported as a separate component of shareholders’ equity.
Fair Value Measurements	As defined in ASC 820 “Fair Value Measurements”, fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (exit price). The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company classifies fair value balances based on the observability of those inputs. ASC 820 establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to unobservable inputs (level 3 measurement).
	The three levels of the fair value hierarchy defined by ASC 820 are as follows:
	Level 1 – Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, marketable securities and listed equities.
	Level 2 – Pricing inputs are other than quoted prices in active markets included in level 1, which are either directly or indirectly observable as of the reported date. Level 2 includes those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace. Instruments in this category generally include non-exchange-traded derivatives such as commodity swaps, interest rate swaps, options and collars.
	Level 3 – Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value.
	The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on August 31, 2014:
		Level 1		Level 2		Level 3		Total
	Assets
	Derivative financial instruments	$	-	$	-	$	80,000	$	80,000
	Marketable securities available for sale	$	128,460	$	425,570	$	-	$	554,030
	Liabilities
	Derivative financial instruments	$	-	$	-	$	-	$	-
Recently issued accounting standards	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 pronouncements that have been issued that might have a material impact on its financial position or results of operations.

Nature_of_Operations_Tables

Nature of Operations (Tables)	12 Months Ended
	Aug. 31, 2014
Nature Of Operations Tables
The Company owns the horses	The Company currently owns the following horses
	Horse	Location	Percent Owned	Deprecation(2)
	Rock Off	California	100%	$24,445
	Street Car	California	100%	$366(3)
	Lone Warrior	California	10%	$0(1)

Significant_Accounting_Policie2

Significant Accounting Policies (Tables)	12 Months Ended
	Aug. 31, 2014
Significant Accounting Policies Tables
Financial assets and liabilities measured at fair value	The following table sets forth by level with the fair value hierarchy the Company’s financial assets and liabilities measured at fair value on August 31, 2014:
		Level 1		Level 2		Level 3		Total
	Assets
	Derivative financial instruments	$	-	$	-	$	80,000	$	80,000
	Marketable securities available for sale	$	128,460	$	425,570	$	-	$	554,030
	Liabilities
	Derivative financial instruments	$	-	$	-	$	-	$	-

Derivative_Liabilities_Tables

Derivative Liabilities (Tables)	12 Months Ended
	Aug. 31, 2014
Derivative Liabilities Tables
Changes in the derivative liabilities during	The following table summarizes the changes in the derivative liabilities during the year ended August 31, 2014:
	Balance as of August 31, 2014	$	-
	Additions from new convertible notes issued		68,182
	Reclassification of derivative liabilities to additional paid-in capital due to conversion of related notes payable		(136,364	)
	Change in fair value		68,182
	Ending balance as of August 31, 2014	$	-

Note_Receivable_Mortgage_and_S1

Note Receivable, Mortgage and Securities Held for sale (Tables)	12 Months Ended
	Aug. 31, 2014
NateBs Food Co. [Member]
Shares as compensation	The Company received the following shares as compensation:
	Issuer	Type	Share #	Revenue	Deferred Revenue	Net Revenue	Long Term/Short Term
	Nate's Food	Common	600,000	15,960	0	15,960	Short
	Nate's Food	Preferred	1,250	332,500	304,903	27,597	Long
	Nate's Food	Warrants	6,000,000	0	0	0	Short
Vortex Brands [Member]
Shares as compensation	The Company received the following shares as compensation:
	Issuer	Type	Share #	Revenue	Deferred Revenue	Net Revenue	Long Term/Short Term
	Vortex	Common	9,000,000	36,900	22,837	14,063	Short
	Vortex	Preferred	19,000	77,900	68,162	9,738	Long
Signal Bay [Member]
Shares as compensation	The Company received the following shares as compensation:
	Issuer	Type	Share #	Revenue	Deferred Revenue	Net Revenue	Long Term/Short Term
	Signal Bay	Common	1,850,000	15,170	0	15,170	Long
	Signal Bay	Cash	-	10,000	0	10,000	-
	Signal Bay	Derivative asset		80,000	65,170	14,830	Long

Property_Information_Tables

Property Information (Tables)	12 Months Ended
	Aug. 31, 2014
Property Information Tables
Properties owned by the Company	The table below includes the properties owned by the Company as of August 31, 2014:
	Property	City, State	Acquisition Date	Type	Purchase Price
	808 N. Franklin Street	Portland, Indiana	14-Apr	Single Family	$1,500
	465 Fulton	Berne, Indiana	14-Apr	Vacant Land	$1,500
	Jefferson Street	Berne, Indiana	14-Apr	Vacant Industrial	$2,500
	356 Franklin Street	Berne, Indiana	14-Apr	Single Family	$16,000
	163 Behring Street	Berne, Indiana	14-Apr	Commercial	$35,000
	8841 N. Pearl Street	Bryant, Indiana	14-Apr	Single Family	$1,500
	237 E. Delaware Street	Redkey, Indiana	14-Apr	Single Family	$1,500
	8218 N 950W	Montpelier, Indiana	14-Apr	Single Family	$2,500
	7003 Balsam Lane	Fort Wayne, Indiana	14-May	Single Family	$6,000
	1063 Winchester	Decauter, Indiana	14-Aug	Single Family	$1,890

Segment_Information_Tables

Segment Information (Tables)	12 Months Ended
	Aug. 31, 2014
Segment Information Tables
Total revenue by segment for the year ended	Embarr Downs of California	Year Ended
		31-Aug-14
	Revenue	$	26,604
	Cost of Goods		30,973
	Operating Expenses		50,109
	Total Loss	$	(54,478	)
	WB Partners	Year Ended
		31-Aug-14
	Sales, net	$	74,257
	Operating Expenses		-
	Total Profit	$	74,257
	SouthCorp Capital	Year Ended
		31-Aug-14
	Sales, net	$	5,500
	Cost of Goods		-
	Operating Expenses		267,914
	Total Loss	$	(262,414	)
	Torrent Energy	Year Ended
		31-Aug-14
	Revenue	$	-
	Cost of Goods		-
	Operating Expenses		-
	Total Profit	$	-
Total assets and liabilities by segment for the year ended	Embarr Downs of California	Year Ended
		31-Aug-14
	Cash	$	20,515
	Thoroughbreds		43,096
	Liabilities		-
	Total Equity	$	63,611
	WB Partners	Year Ended
		31-Aug-14
	Cash	$	-
	Current assets		90,000
	Long term assets		554,030
	Deferred revenue		536,673
	Liabilities		10,000
	Total Equity	$	97,357
	SouthCorp Capital	Year Ended
		31-Aug-14
	Cash	$	3,458
	Real Estate		93,440
	Liabilities		131,736
	Total Equity	$	(34,838	)
	Torrent Energy	Year Ended August 31, 2014
	Assets	$	-
	Liabilities		-

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Aug. 31, 2014
Income Taxes Tables
Deferred tax asset	The component of the Company’s deferred tax asset as of August 31, 2014 and 2013 are as follows:
		2014			2013
	Deferred Tax Assets	$	171,602		$	7,078
	Valuation allowance		(171,602	)		(7,078	)
	Net deferred tax asset	$	-		$	-

Nature_of_Operations_Details

Nature of Operations (Details) (USD $)	12 Months Ended
	Aug. 31, 2014
Rock Off Horse [Member]
Location	California
Percent Owned	100.00%
Deprecation	$24,445
Street Car Horse [Member]
Location	California
Percent Owned	100.00%
Deprecation	366
Lone Warrior Horse [Member]
Location	California
Percent Owned	10.00%
Deprecation	$0

Significant_Accounting_Policie3

Significant Accounting Policies (Details) (USD $)	Aug. 31, 2014
Assets
Derivative financial instruments	$80,000
Marketable securities available for sale	554,030
Liabilities
Derivative financial instruments
Fair Value, Inputs, Level 1 [Member]
Assets
Derivative financial instruments
Marketable securities available for sale	128,460
Liabilities
Derivative financial instruments
Fair Value, Inputs, Level 2 [Member]
Assets
Derivative financial instruments
Marketable securities available for sale	425,570
Liabilities
Derivative financial instruments
Fair Value, Inputs, Level 3 [Member]
Assets
Derivative financial instruments	80,000
Marketable securities available for sale
Liabilities
Derivative financial instruments

Related_Party_Transaction_Deta

Related Party Transaction (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Related Party Transaction Details Narrative
Notes Payable Due	$113,705	$13,000
Proceeds from Related Party Debt	128,170	7,000
Note payable repaid	27,465
Stock compensation related to subsidiary	$250,000

Derivative_Liabilities_Details

Derivative Liabilities (Details) (USD $)	12 Months Ended
	Aug. 31, 2014
Derivative Liabilities Details
Beginning Balance
Additions from new convertible notes issued	68,182
Reclassification of derivative liabilities to additional paid-in capital due to conversion of related notes payable	-136,364
Change in fair value	68,182
Ending Balance

Common_and_Preferred_Stock_Det

Common and Preferred Stock (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Stock Issued During Period, Shares, Issued for Services	45,000,000
Stock Issued During Period, Value, Issued for Services (in Dollars)	$945,000
Shares issued for settlement of debt and accrued interest	246,421
Shares issued for settlement of Debt and accrued interest, Shares	944,143
Accrued Interest	2,743
Cash proceeds from sale of stock for settlement of debt and Accrued interest	36,822
Shares issued for cash, value	616,757
Shares issued for cash, shares	2,055,857
Subscription receivable	342,872
Cash received from stock subscriptions	273,885
Shares issued for conversion of convertible debt	37,500
Shares issued for conversion of convertible debt, Shares	3,268,151
Interest	1,500
Reclassification of derivative liabilities to additional paid-in capital due to conversion of related notes payable	136,364
Common stock, shares issued	51,346,435	78,284
Common stock, shares outstanding	51,346,435	78,284
Dividends accrued	19,819
Dividend declared	27,824
Dividend paid	$8,005
Preferred Stock Series C
Preferred stock, shares authorized	1,000,000	15,000,000
Preferred stock, shares issued	13,797	0
Preferred stock, shares outstanding	13,797	0
Preferred Stock Series B
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	1,565,696	0
Preferred stock, shares outstanding	1,565,696	0
Preferred Stock Series A
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	4,000,000	4,000,000
Preferred stock, shares outstanding	4,000,000	4,000,000

Note_Receivable_Mortgage_and_S2

Note Receivable, Mortgage and Securities Available for sale (Details) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Net Revenue	$79,257
Nates Food [Mermber]
Type of shares	Common
Shares	600,000
Revenue	15,960
Deferred Revenue	0
Net Revenue	15,960
Long Term/Short Term	Short
Nates Food One [Mermber]
Type of shares	Preferred
Shares	1,250
Revenue	332,500
Deferred Revenue	304,903
Net Revenue	27,597
Long Term/Short Term	Long
Nates Food Two [Mermber]
Type of shares	Warrants
Shares	6,000,000
Revenue	0
Deferred Revenue	0
Net Revenue	0
Long Term/Short Term	Short
Vortex [Mermber]
Type of shares	Common
Shares	9,000,000
Revenue	36,900
Deferred Revenue	22,837
Net Revenue	14,063
Long Term/Short Term	Short
Vortex One [Mermber]
Type of shares	Preferred
Shares	19,000
Revenue	77,900
Deferred Revenue	68,162
Net Revenue	9,738
Long Term/Short Term	Long
Signal Bay [Mermber]
Type of shares	Common
Shares	1,850,000
Revenue	15,170
Deferred Revenue	0
Net Revenue	15,170
Long Term/Short Term	Long
Signal Bay One [Mermber]
Type of shares	Cash
Shares
Revenue	10,000
Deferred Revenue	0
Net Revenue	10,000
Signal Bay Two [Mermber]
Type of shares	Derivative asset
Shares
Revenue	80,000
Deferred Revenue	65,170
Net Revenue	$14,830
Long Term/Short Term	Long

Note_Receivable_Mortgage_and_S3

Note Receivable, Mortgage and Securities Held for sale (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Note receivable for consulting services	$40,000
Total compensation	250,000
Amount owed	13,342
Nates Food [Mermber]
Total compensation	348,460
Deferred compensation	$304,903
Consulting contract	24 months

Property_Information_Details

Property Information (Details) (USD $)	12 Months Ended
	Aug. 31, 2014
Property Information [Member]
Address of property	808 N. Franklin Street
City, State	Portland, Indiana
Acquisition Date	14-Apr
Type of property	Single Family
Purchase price of property	$1,500
Property Information One [Member]
Address of property	465 Fulton
City, State	Berne, Indiana
Acquisition Date	14-Apr
Type of property	Vacant Land
Purchase price of property	1,500
Property Information Two [Member]
Address of property	Jefferson Street
City, State	Berne, Indiana
Acquisition Date	14-Apr
Type of property	Vacant Industrial
Purchase price of property	2,500
Property Information Three [Member]
Address of property	356 Franklin Street
City, State	Berne, Indiana
Acquisition Date	14-Apr
Type of property	Single Family
Purchase price of property	16,000
Property Information Four [Member]
Address of property	163 Behring Street
City, State	Berne, Indiana
Acquisition Date	14-Apr
Type of property	Commercial
Purchase price of property	35,000
Property Information Five [Member]
Address of property	8841 N. Pearl Street
City, State	Bryant, Indiana
Acquisition Date	14-Apr
Type of property	Single Family
Purchase price of property	1,500
Property Information Six [Member]
Address of property	237 E. Delaware Street
City, State	Redkey, Indiana
Acquisition Date	14-Apr
Type of property	Single Family
Purchase price of property	1,500
Property Information Seven [Member]
Address of property	8218 N 950W
City, State	Montpelier, Indiana
Acquisition Date	14-Apr
Type of property	Single Family
Purchase price of property	2,500
Property Information Eight [Member]
Address of property	B 7003 Balsam Lane
City, State	Fort Wayne, Indiana
Acquisition Date	14-May
Type of property	Single Family
Purchase price of property	6,000
Property Information Nine [Member]
Address of property	1063 Winchester
City, State	Decauter, Indiana
Acquisition Date	14-Aug
Type of property	Single Family
Purchase price of property	$1,890

Property_Information_Details_N

Property Information (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Property Information Details Narrative
Cash paid for renovations	$23,550

Segment_Information_Details

Segment Information (Details) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Sales, net	$79,257
Operating Expenses	1,759,647	9,574
Embarr Downs of California [Member]
Revenue	26,604
Cost of Goods	30,973
Operating Expenses	50,109
Total Profit/Loss	-54,478
WB Partners [Member]
Sales, net	74,257
Operating Expenses
Total Profit/Loss	74,257
SouthCorp Capital [Member]
Sales, net	5,500
Cost of Goods
Operating Expenses	267,914
Total Profit/Loss	-262,414
Torrent Energy [Member]
Revenue
Cost of Goods
Operating Expenses
Total Profit/Loss

Segment_Information_Details_1

Segment Information (Details 1) (USD $)	Aug. 31, 2014	Aug. 31, 2013	Aug. 31, 2012
Thoroughbreds	$43,096	$55,000
Current assets	285,529	57,902
Long term assets	425,570
Deferred revenue	536,673
Real estate	69,890
Assets	804,539	57,902
Liabilities	794,110	13,000
Total Equity	10,429	44,902	1,575
Embarr Downs of California [Member]
Cash	20,515
Thoroughbreds	43,096
Liabilities
Total Equity	63,611
WB Partners [Member]
Cash
Current assets	90,000
Long term assets	554,030
Deferred revenue	536,673
Liabilities	10,000
Total Equity	97,357
SouthCorp Capital [Member]
Cash	3,458
Real estate	93,440
Liabilities	131,736
Total Equity	-34,838
Torrent Energy [Member]
Assets
Liabilities

Income_Taxes_Details

Income Taxes (Details) (USD $)	Aug. 31, 2014	Aug. 31, 2013
Income Taxes Details
Deferred Tax Assets	$171,602	$7,078
Valuation allowance	-171,602	-7,078
Net deferred tax asset

Income_Taxes_Details_Narrative

Income Taxes (Details Narrative) (USD $)	12 Months Ended
	Aug. 31, 2014	Aug. 31, 2013
Income Taxes Details Narrative
Net operating loss carry forward	$504,000	$20,000
Net operating loss carry forward expires	2032