Coffee (COFE) 10-K 18 Dec 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Aug. 31, 2017	Dec. 11, 2017	Feb. 28, 2017
Document And Entity Information
Entity Registrant Name	DOCASA Inc.
Entity Central Index Key	1,619,055
Document Type	10-K
Document Period End Date	Aug. 31, 2017
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
Entity Public Float			$ 44,160,000
Entity Common Stock, Shares Outstanding		160,012,875
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,017

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Current assets:
Cash	$ 93,400	$ 91,137
Accounts receivable, net (includes $0 and $288,389 to related parties for August 31, 2017 and 2016, respectively)	496,822	368,807
Other receivables		113,994
Prepaid expenses	36,270	190,249
Inventory	47,477	40,323
Total current assets	673,969	804,510
Fixed assets, net	1,672,176	674,627
Intangible assets, net	10,134	9,065
Other receivables	38,660	39,540
Investments	1,289	1,318
Deposits	89,989	57,311
Total assets	2,486,217	1,586,371
Current liabilities:
Notes payable	139,419	18,368
Accounts payable	849,642	610,101
Accrued expenses	59,561	95,226
Accounts payable to related parties	95,213
Taxes payable	151,676	73,091
Leases payable, current	116,146
Deferred revenue	32,661	6,557
Total current liabilities	1,444,318	803,343
Non-current liabilities:
Notes payable (includes $1,040 and $39,540 to related parties for August 31, 2017 and 2016, respectively)	372,926	209,797
Other long-term liabilities	207,003	23,168
Total long-term liabilities	579,929	232,965
Total liabilities	2,024,247	1,036,308
Shareholders' equity:
Common stock, $0.001 par value, 250,000,000 shares authorized, 150,036,000 and 0 shares issued and outstanding, at August 31, 2017 and 2016, and 57,064,000 and 0 conditionally issuable, at August 31, 2017 and 2016, respectively	207,100
Additional paid-in capital	758,969
Preference shares (25,000,000 shares authorized, £1 par value, 1,642,826 and 870,826 shares issued and outstanding as of August 31, 2017 and 2016, respectively)		1,154,127
Share premium		193,540
Accumulated other comprehensive income	119,464	153,187
Minority interest	2,142,804
Accumulated deficit	(2,766,367)	(1,340,521)
Total shareholders' equity	461,970	550,063
Total liabilities and shareholders' equity	2,486,217	1,586,371
Common Class A [Member]
Shareholders' equity:
Ordinary shares		389,730
Common Class B [Member]
Shareholders' equity:
Ordinary shares

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical)	Aug. 31, 2017USD ($)$ / sharesshares	Aug. 31, 2017£ / shares	Aug. 31, 2016USD ($)$ / sharesshares	Aug. 31, 2016£ / shares
Current assets:
Accounts receivable, net | $	$ 0		$ 288,389
Non-current liabilities:
Notes payable to related parties | $	$ 1,040		$ 39,540
Shareholders' equity:
Common stock, par value | $ / shares	$ 0.001		$ 0.001
Common stock, shares authorized	250,000,000		250,000,000
Common stock, shares issued	150,036,000		0
Common stock, shares outstanding	150,036,000		0
Conditionally issuable	57,064,000		0
Preference shares, par value | £ / shares		£ 1		£ 1
Preference shares, shares authorized	25,000,000		25,000,000
Preference shares, shares issued	1,642,826		870,826
Preference shares, shares outstanding	1,642,826		870,826
Common Class A [Member]
Shareholders' equity:
Ordinary shares, par value | £ / shares		1		1
Ordinary shares, shares authorized	25,000,000		25,000,000
Ordinary shares, shares issued	0		243,800
Ordinary shares, shares outstanding	0		243,800
Common Class B [Member]
Shareholders' equity:
Ordinary shares, par value | £ / shares		£ 1		£ 1
Ordinary shares, shares authorized	10,000,000		10,000,000
Ordinary shares, shares issued	0		0
Ordinary shares, shares outstanding	0		0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Consolidated Statements Of Operations
Revenue, net	$ 4,180,483	$ 3,869,517
Operating expenses
Direct costs of revenue	3,633,591	2,458,240
Professional fees	171,181	83,401
Rent	463,655	418,193
Depreciation and amortization	191,025	149,588
Property taxes	10,461	169,940
Other general and administrative expenses	1,091,080	557,120
Operating income (loss)	(1,380,510)	33,035
Other income (expense)
Interest expense	0	(5,710)
Impairment expense	(46,566)
Income (loss) before tax and minority interest	(1,427,076)	27,325
Minority interest income (loss)	1,230
Net income (loss)	(1,425,846)	27,325
Foreign currency translation gain	(33,723)	94,785
Total comprehensive income (loss)	$ (1,459,569)	$ 122,110
Net income (loss) per share - basic and diluted	$ (0.01)	$ .00
Weighted average number of shares outstanding - basic and diluted	207,025,000	206,800,000

Consolidated Statement of Stock

Consolidated Statement of Stockholders' Deficit - USD ($)	Class A Ordinary Stock	Class B Ordinary Stock	Common Stock	Common Stock Issuable	Preference Shares	Share Premium	Additional Paid-In Capital	Accumulated Other Compre-hensive Income (Loss)	Minority Interest	Accumulated Deficit	Total
Begnning Balance, Shares at Aug. 31, 2015	2,000	241,800
Begnning Balance, Amount at Aug. 31, 2015	$ 3,195	$ 386,535				$ 193,540		$ 58,402		$ (1,367,846)	$ (726,175)
Conversion of Class B to Class A, Shares	241,800	(241,800)
Conversion of Class B to Class A, Amount	$ 386,535	$ (386,535)
Shares issued in exchange for debt, Shares					870,826
Shares issued in exchange for debt, Amount					$ 1,154,127						1,154,127
Other comprehensive income (loss)								94,785			94,785
Net income for the period ended										27,325	27,325
Ending Balance, Shares at Aug. 31, 2016	243,800				870,826
Ending Balance, Amount at Aug. 31, 2016	$ 389,730				$ 1,154,127	193,540		153,187		(1,340,521)	550,063
Other comprehensive income (loss)								(33,723)			(33,723)
Recapitalization - merger, Shares	(243,800)		146,800,000	60,000,000	(870,826)
Recapitalization - merger, Amount	$ (389,730)		$ 146,800	$ 60,000	$ (1,154,127)	(193,540)	376,677		1,154,127		207
Issuance of common stock, Shares			2,936,000	(2,936,000)
Issuance of common stock, Amount			$ 2,936	$ (2,936)
Issuance of common stock, Shares			300,000
Issuance of common stock, Amount			$ 300				299,700				300,000
Issuance of preference shares, Shares
Issuance of preference shares, Amount									996,203		996,203
Return of preference shares, Shares
Return of preference shares, Amount									(6,296)		(6,296)
Contributions							82,592				82,592
Net income for the period ended									(1,230)	(1,425,846)	(1,427,076)
Ending Balance, Shares at Aug. 31, 2017			150,036,000	57,064,000
Ending Balance, Amount at Aug. 31, 2017			$ 150,036	$ 57,064			$ 758,969	$ 119,464	$ 2,142,804	$ (2,766,367)	$ 461,970

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Cash flows from operating activities:
Net income (loss)	$ (1,425,846)	$ 27,325
Adjustments to reconcile net income (loss) to net cash provided by (used in) operations:
Depreciation and amortization expense	190,645	149,588
Other comprehensive income	(33,723)	94,785
Impairment expense	46,566
Bad debt expense	423,680
Minority interest gain (loss)	(1,230)
Changes in operating assets and liabilities:
Accounts receivable	(551,695)	(146,194)
Other receivables	114,874	(112,454)
Prepaid expenses	153,979	(123,200)
Inventory	(7,154)	(2,308)
Prepaid expenses and other assets	(32,678)
Other non-current receivables		6,660
Deposits		25,053
Investments		222
Accounts payable	322,133	131,374
Accrued expenses	(35,665)	(48,547)
Taxes payable	78,585	(90,625)
Deferred revenue	26,104	(2,580)
Other non-current liabilities		(83,001)
Net cash used in operating activities	(731,424)	(173,902)
Cash flows used in investing activities
Acquisition of property and equipment	(831,296)	(186,443)
Investments	29
Net cash used in investing activities	(831,267)	(186,443)
Cash flows from (used in) financing activities:
Proceeds from notes payable	3,229,558	370,227
Payment on capital leases	(57,986)
Payments on notes payable	(2,244,654)
Sale of preference shares	638,037
Net cash provided by financing activities	1,564,954	370,227
Net increase (decrease) in cash	2,263	9,882
Cash at beginning of period	91,137	81,255
Cash at end of period	93,400	91,137
Supplemental disclosure of cash flow information:
Cash paid for interest
Cash paid for taxes	606
Non-cash investing and financing activities:
Fixed asset additions by capital leases	357,967
Payment of services by third party	82,592
Preference shares issued for debt	$ 605,511

NATURE OF OPERATIONS AND SUMMAR

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 1 - NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Organization DOCASA, Inc. (the “Company,” “we,” “us,” “our,” or “DOCASA”) was incorporated in the State of Nevada on July 22, 2014, under the name of FWF Holdings, Inc. The Company changed its name on August 4, 2016. The Company was originally engaged in the business of commercial production and distribution of hot sauce (see Note 3). On August 4, 2016, the Company changed its year end from July 31 to August 31. On July 8, 2016, the Company experienced a change in control. Atlantik LP (“Atlantik”), a related party, acquired a majority of the issued and outstanding common stock of the Company in accordance with a stock purchase agreement by and between Atlantik and Nami Shams (the “Seller”). On the closing date, July 8, 2016, pursuant to the terms of the stock purchase agreement, Atlantik purchased from the Seller 115,000,000 shares of the Company’s outstanding restricted common stock for $200,000, representing 75.8% of the Company’s outstanding common stock at that time. On September 1, 2016, the Company acquired 99.8% of the voting stock of the Department of Coffee and Social Affairs Limited, a United Kingdom corporation (the “DEPT-UK”), and the Company agreed to issue DEPT-UK’s majority shareholder 170,000,000 shares of the Company’s common stock—110,000,000 shares initially and 60,000,000 shares at a time determined by the Company’s Board of Directors but no later than August 31, 2017, which deadline was subsequently extended to August 31, 2018. Also on September 1, 2016, the Company acquired 115,000,000 shares of the Company’s common stock from Atlantik in exchange for issuing Atlantik a promissory note for $320,000, which shares were then cancelled and which note has since been paid in full. As a result of the acquisition and the issuance of the initial 110,000,000 shares of common stock, and the cancellation of the 115,000,000 Atlantik shares, DEPT-UK is now the majority-owned subsidiary of the Company, and the Company experienced a change of control. DEPT-UK formed a wholly-owned subsidiary, Department of Coffee and Internal Affairs Limited (“DCIA”), on September 11, 2014, as filed with the Registrar of Companies for England and Wales. As of August 31, 2017, DCIA has had no operations or activity. DEPT-UK formed a wholly-owned subsidiary, The Department of Coffee and Social Affairs Limited, on November 9, 2014, as filed with the Registrar of Companies for England and Wales. On February 28, 2014, the name was changed to DOCASA Limited. On May 1, 2015, the name was changed to Eat Sleep Juice Repeat Limited. As of January 18, 2017, this subsidiary, with no operations or activity, was sold for £1. On April 5, 2017, the Company formed Department of Coffee and Social Affairs IL, Inc. (“DEPT-IL”), an Illinois corporation. On May 18, 2017, the Company formed Department of Coffee and Social Affairs White Space Limited (“DEPT-UKWS”), as filed with the Registrar of Companies for England and Wales. DEPT-UKWS is a subsidiary of DEPT-UK. For financial reporting purposes, the acquisition of DEPT-UK and the change of control in connection with acquisition represented a "reverse merger" rather than a business combination, and DEPT-UK is deemed to be the accounting acquirer in the transaction. For the periods subsequent to August 31, 2016, the acquisition is being accounted for as a reverse-merger and recapitalization. DEPT-UK is the acquirer for financial reporting purposes, and the Company (DOCASA, Inc., f/k/a FWF Holdings, Inc.) is the acquired company. Consequently, the assets and liabilities and the operations that are reflected in the historical financial statements prior to the acquisition are those of DEPT-UK and have been recorded at the historical cost basis of DEPT-UK, and the financial statements after completion of the acquisition include the assets and liabilities of both the Company and DEPT-UK, and the historical operations of DEPT-UK prior to closing and operations of both companies from the closing of the acquisition. Nature of Operations We are currently devoting our efforts to the specialty coffee industry, specifically with company-operated stores. The Company will generate revenue through sales at fifteen existing company-operated coffee shop locations in the UK, with seven more locations under construction. The Company is expanding its operations to the United States and is opening its first coffee shop in Chicago, Illinois in October 2017. Our objective is to continue to be recognized as one of the upper tier specialty coffee retail operations. Similar to other leading operators, we sell our proprietary coffee and related products, and complementary food and snacks. The Company, as of August 31, 2017, has discontinued its hot sauce products which had no activity in the year ended August 31, 2017 (see Note 3). Accounting for discontinued operations not required due to immateriality. Principles of Consolidation The consolidated financial statements include the accounts of DOCASA and its subsidiaries, DEPT-UK, DCIA, DEPT-IL and DEPT-UK’s subsidiary, DEPT-UKWS. All significant inter-company balances and transactions have been eliminated in consolidation. Basis of Presentation The Company prepares its financial statements in conformity with generally accepted accounting principles in the United States of America. 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. Significant estimates in the accompanying financial statements include the amortization period for intangible assets, valuation and impairment valuation of intangible assets, allowance for accounts receivable, depreciable lives of the web site, valuation of warrants and beneficial conversion feature debt discounts, valuation of derivatives, and valuation of share-based payments. Cash and Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. Accounts Receivable Accounts receivable consisted of amounts due from customers primarily for management fees. The Company considered accounts more than 30 days old to be past due. The Company used the allowance method for recognizing bad debts. When an account was deemed uncollectible, it was written off against the allowance. The Company generally does not require collateral for its accounts receivable. Management has not recorded an allowance for doubtful accounts as of August 31, 2017. Inventory Inventory is recorded at the lower of cost or market and the cost of sales are recorded utilizing the first in first out (“FIFO”) method. Property, Equipment and Depreciation Property and equipment is recorded at cost. Depreciation is computed using the straight-line method based on the estimated useful lives of the related assets of three years for computer equipment, five years for office furniture and fixtures, and the lesser of the lease term or the useful life of the leased equipment. Leasehold improvements, if any, would be amortized over the lesser of the lease term or the useful life of the improvements. Expenditures for maintenance and repairs along with fixed assets below our capitalization threshold are expensed as incurred. Impairment of Long-Lived Assets The Company accounts for long-lived assets in accordance with the provisions of Statement of Financial Accounting Standards ASC 360-10, “Accounting for the Impairment or Disposal of Long-Lived Assets”. This statement requires that long-lived assets and certain identifiable intangibles be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell. Fair Value of Financial Instruments The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash, accounts payable, accrued expenses, and short-term loans the carrying amounts approximate fair value due to their short maturities. We follow accounting guidance for financial and non-financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use. Revenue Recognition The Company recognizes revenue for our services in accordance with ASC 605-10, “Revenue Recognition in Financial Statements.” Under these guidelines, revenue is recognized on transactions when all of the following exist: persuasive evidence of an arrangement did exist, delivery of service has occurred, the sales price to the buyer is fixed or determinable and collectability is reasonably assured. The Company has three primary revenue streams as follows: · Sales of specialty coffee and complementary food products. · Coffee school. · Coffee services. Stock-Based Compensation The Company accounts for stock-based instruments issued to employees in accordance with ASC Topic 718. ASC Topic 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity based compensation issued to employees. The value of the portion of an award that is ultimately expected to vest is recognized as an expense over the requisite service periods using the straight-line attribution method. The Company accounts for non-employee share-based awards in accordance with the measurement and recognition provisions ASC Topic 505-50. The Company estimates the fair value of stock options at the grant date by using the Black-Scholes option-pricing model. Advertising Advertising is expensed as incurred and is included in loss from operations on the accompanying statement of operations. For the years ended August 31, 2017 and 2016 advertising expense was $39,628 and $27,395, respectively. Income Taxes The Company adopted the provisions of ASC 740-10, “Accounting for Uncertain Income Tax Positions.” When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of August 31, 2017, tax years 2014 – 2017 remain open for IRS audit and tax years 2015–2017 remain open for HM Revenue & Customs (“HMRC”) audit. The Company has received no notice of audit from the IRS or HMRC for any of the open tax years. The Company adopted ASC 740-10, “ Net Earnings (Loss) Per Share In accordance with ASC 260-10, “Earnings Per Share,” basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period. Foreign Currency Translation and Transactions The British Pound (“£”) is the functional currency of DEPT-UK whereas the financial statements are reported in United States Dollar (“USD,” “$”). Assets and liabilities are translated based on the exchange rates at the balance sheet date, while revenue and expense accounts are translated at the average exchange rates prevailing during the period. Equity accounts are translated at historical exchange rates. The resulting translation gain and loss adjustments are accumulated as a component of stockholders’ equity and other comprehensive income. Comprehensive Income (Loss) The Company reports comprehensive income (loss) and its components in its consolidated financial statements. Comprehensive income (loss) consists of net loss and foreign currency translation adjustments affecting stockholders’ equity that, under U.S. GAAP, are excluded from net loss. As of August 31, 2017, the exchange rate between U.S. Dollars and British Pounds was US$1.2886604425 = £1.00, and the weighted average exchange rate for the year ended August 31, 2017 was US$1.3079355980 = £1.00. As of August 31, 2016, the exchange rate between U.S. Dollars and British Pounds was US$1.318 = £1.00. Going Concern The Company has a net loss for the year ended August 31, 2017 of $1,425,846 and a working capital deficit as of August 31, 2017 of $770,349, and has used cash in operations of $731,424 for the year ended August 31, 2017. In addition, as of August 31, 2017, the Company had a stockholders’ equity and accumulated deficit of $461,970 and $2,766,367, respectively. Without further funding, these conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements have been prepared in conformity with U.S. GAAP, which contemplate continuation of the Company as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. The ability of the Company to continue its operations is dependent on the execution of management’s plans, which include the raising of capital through the debt and/or equity markets, until such time that funds provided by operations are sufficient to fund working capital requirements. If the Company were not to continue as a going concern, it would likely not be able to realize its assets at values comparable to the carrying value or the fair value estimates reflected in the balances set out in the preparation of the consolidated financial statements. There can be no assurances that the Company will be successful in generating additional cash from the equity/debt markets or other sources to be used for operations. The consolidated financial statements do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary. Based on the Company’s current resources, the Company will not be able to continue to operate without additional immediate funding. Should the Company not be successful in obtaining the necessary financing to fund its operations, the Company would need to curtail certain or all operational activities and/or contemplate the sale of its assets, if necessary. Segment Information In accordance with the provisions of ASC 280-10, “Disclosures about Segments of an Enterprise and Related Information”, the Company is required to report financial and descriptive information about its reportable operating segments. The Company does not have any operating segments as of August 31, 2017 and 2016. Effect of Recent Accounting Pronouncements The Company reviews new accounting standards and updates as issued. No new standards or updates had any material effect on these financial statements. The accounting pronouncements and updates issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these financial statements as presented and does not anticipate the need for any future restatement of these financial statements because of the retro-active application of any accounting pronouncements issued subsequent to August 31, 2017 through the date these financial statements were issued. In February 2016, the Financial Accounting Standards Board (“FASB”) issued an ASU on lease accounting. The ASU requires the lease rights and obligations arising from lease contracts, including existing and new arrangements, to be recognized as assets and liabilities on the balance sheet. The ASU is effective for reporting periods beginning after December 15, 2018 with early adoption permitted. While the Company is still evaluating the ASU, the Company expects the adoption of the ASU to have a material effect on the Company’s financial condition due to the recognition of the lease rights and obligations as assets and liabilities. The Company expects the ASU to have a material effect on the Company’s results of operations, and the ASU will have no effect on cash flows. ASU 2014-09, Revenue – Revenue from Contracts with Customers. In May 2014, the FASB issued a new accounting standard that requires recognition of revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. The FASB has also issued several updates to ASU 2014-09. The new standard supersedes U.S. GAAP guidance on revenue recognition and requires the use of more estimates and judgments than the present standards. It also requires additional disclosures. We will adopt the new revenue guidance effective January 1, 2017, by recognizing the cumulative effect of initially applying the new standard as an increase to the opening balance of retained earnings. We expect this adjustment to be less than $100 million, with an immaterial impact to our net income on an ongoing basis. Adoption of the new standard will also result in changes in classification between Revenues, Cost of sales, Non-Financial Services interest income and other income/(loss), net, and Financial Services other income/(loss), net. In July 2017, the FASB issued ASU 2017-11 “Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815).” The amendments in Part I of this Update change the classification analysis of certain equity-linked financial instruments (or embedded features) with down round features. When determining whether certain financial instruments should be classified as liabilities or equity instruments, a down round feature no longer precludes equity classification when assessing whether the instrument is indexed to an entity’s own stock. The amendments also clarify existing disclosure requirements for equity-classified instruments. As a result, a freestanding equity-linked financial instrument (or embedded conversion option) no longer would be accounted for as a derivative liability at fair value as a result of the existence of a down round feature. For freestanding equity classified financial instruments, the amendments require entities that present earnings per share (EPS) in accordance with Topic 260 to recognize the effect of the down round feature when it is triggered. That effect is treated as a dividend and as a reduction of income available to common shareholders in basic EPS. Convertible instruments with embedded conversion options that have down round features are now subject to the specialized guidance for contingent beneficial conversion features (in Subtopic 470-20, Debt—Debt with Conversion and Other Options), including related EPS guidance (in Topic 260). The amendments in Part II of this Update recharacterize the indefinite deferral of certain provisions of Topic 480 that now are presented as pending content in the Codification, to a scope exception. Those amendments do not have an accounting effect. Under current GAAP, an equity-linked financial instrument with a down round feature that otherwise is not required to be classified as a liability under the guidance in Topic 480 is evaluated under the guidance in Topic 815, Derivatives and Hedging, to determine whether it meets the definition of a derivative. If it meets that definition, the instrument (or embedded feature) is evaluated to determine whether it is indexed to an entity’s own stock as part of the analysis of whether it qualifies for a scope exception from derivative accounting. Generally, for warrants and conversion options embedded in financial instruments that are deemed to have a debt host (assuming the underlying shares are readily convertible to cash or the contract provides for net settlement such that the embedded conversion option meets the definition of a derivative), the existence of a down round feature results in an instrument not being considered indexed to an entity’s own stock. This results in a reporting entity being required to classify the freestanding financial instrument or the bifurcated conversion option as a liability, which the entity must measure at fair value initially and at each subsequent reporting date. The amendments in this Update revise the guidance for instruments with down round features in Subtopic 815-40, Derivatives and Hedging—Contracts in Entity’s Own Equity, which is considered in determining whether an equity-linked financial instrument qualifies for a scope exception from derivative accounting. An entity still is required to determine whether instruments would be classified in equity under the guidance in Subtopic 815-40 in determining whether they qualify for that scope exception. If they do qualify, freestanding instruments with down round features are no longer classified as liabilities and embedded conversion options with down round features are no longer bifurcated. For entities that present EPS in accordance with Topic 260, and when the down round feature is included in an equity-classified freestanding financial instrument, the value of the effect of the down round feature is treated as a dividend when it is triggered and as a numerator adjustment in the basic EPS calculation. This reflects the occurrence of an economic transfer of value to the holder of the instrument, while alleviating the complexity and income statement volatility associated with fair value measurement on an ongoing basis. Convertible instruments are unaffected by the Topic 260 amendments in this Update. Those amendments in Part 1 of this Update are a cost savings relative to current GAAP. This is because, assuming the required criteria for equity classification in Subtopic 815-40 are met, an entity that issued such an instrument no longer measures the instrument at fair value at each reporting period (in the case of warrants) or separately accounts for a bifurcated derivative (in the case of convertible instruments) on the basis of the existence of a down round feature. For convertible instruments with embedded conversion options that have down round features, applying specialized guidance such as the model for contingent beneficial conversion features rather than bifurcating an embedded derivative also reduces cost and complexity. Under that specialized guidance, the issuer recognizes the intrinsic value of the feature only when the feature becomes beneficial instead of bifurcating the conversion option and measuring it at fair value each reporting period. The amendments in Part II of this Update replace the indefinite deferral of certain guidance in Topic 480 with a scope exception. This has the benefit of improving the readability of the Codification and reducing the complexity associated with navigating the guidance in Topic 480. For public business entities, the amendments in Part I of this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. For all other entities, the amendments in Part I of this Update are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The amendments in Part 1 of this Update should be applied in either of the following ways: 1. Retrospectively to outstanding financial instruments with a down round feature by means of a cumulative-effect adjustment to the statement of financial position as of the beginning of the first fiscal year and interim period(s) in which the pending content that links to this paragraph is effective; or 2. Retrospectively to outstanding financial instruments with a down round feature for each prior reporting period presented in accordance with the guidance on accounting changes in paragraphs 250-10-45-5 through 45-10. The amendments in Part II of this Update do not require any transition guidance because those amendments do not have an accounting effect.

ENTRY INTO A DEFINITIVE AGREEME

ENTRY INTO A DEFINITIVE AGREEMENT	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 2 - ENTRY INTO A DEFINITIVE AGREEMENT	Acquisition of Department of Coffee and Social Affairs Limited DOCASA, Inc. (f/k/a FWF Holdings, Inc., the “Public Company,” “we,” “us,” “our”) entered into an acquisition agreement (the “Acquisition Agreement”) with Department of Coffee and Social Affairs Limited (the “Private Company”), a United Kingdom corporation. Prior to the acquisition, Pankaj Rajani, an officer and director of the Public Company, through Atlantik, acquired 115,000,000, or 75.8% of the outstanding shares of DOCASA, Inc. (f/k/a FWF Holdings, Inc.), the public company. Stefan Allesch-Taylor, an individual, and the Private Company’s chairman (“Allesch-Taylor,” or “Shareholder”), was the owner of record of 99.8% of the voting shares of the Private Company (the “Private Company Stock”). Pursuant to the Acquisition Agreement, the Private Company Stock was transferred to the Public Company in consideration of the Public Company issuing Shareholder 170,000,000 shares (the “New Shares”) of the Public Company’s common stock to the Shareholder (or his designees) in an initial tranche of 110,000,000 shares and a subsequent tranche of 60,000,000 shares. The Public Company issued Shareholder 110,000,000 fully paid and nonassessable shares of the Public Company’s restricted common stock at the time of the execution of the Agreement. The Public Company was required to issue a second tranche of 60,000,000 fully paid and nonassessable shares of the Company’s restricted common stock (the “Deferred Shares”) at a time to be determined by the Public Company’s Board of Directors, but no later than August 31, 2017. On April 6, 2017, 2,936,000 shares were issued to Mr. Allesch-Taylor leaving 57,064,000 shares as issuable. On June 26, 2017, Mr. Allesch-Taylor requested that the issuance deadline of August 31, 2017, be extended to August 31, 2018, which was agreed to by the Company. The issuance of the Deferred Shares is not conditional or contingent on any event or action by any party to the Agreement. As a result of the Acquisition Agreement, the Private Company became a subsidiary of the Public Company. See Notes 1, 8, 9 and 10. Also in connection with the Acquisition Agreement, (i) Allesch-Taylor and Gill were appointed to serve on the Public Company’s Board of Directors, serving as Chairman and Vice-Chairman, respectively; and (ii) Ashley Lopez (“Lopez”) was appointed Chief Executive Officer and President and Kazi Shahid (“Shahid”) was appointed Chief Financial Officer. Allesch-Taylor, Gill, Lopez and Shahid maintained the same positions with DEPT-UK. Subsequently, Shahid resigned in March 2017 as Chief Financial Officer of the Public Company and DEPT-UK. The transaction was accounted for as a reverse acquisition. As such, the future period equity amounts will be retro-actively restated to reflect the equity instruments of the accounting acquirer. The following table summarizes the consideration given for DEPT-UK and the fair values of the assets and liabilities assumed at the acquisition date. Consideration given: Common stock given $ 207 Total consideration given $ 207 Fair value of identifiable assets acquired and liabilities assumed: Inventory $ 731 Notes payable (32,547 ) Accounts payable (6,043 ) Accrued expenses (8,500 ) Total identifiable net liabilities (46,359 ) Goodwill 46,566 Total consideration $ 207 The Company has determined that the goodwill of $46,566 was impaired and expensed it accordingly in the period ended November 30, 2016. Accounting Treatment of the Merger For financial reporting purposes, the Share Exchange represented a “reverse merger” rather than a business combination and Private Company was deemed to be the accounting acquirer in the transaction. The Share Exchange has been accounted for as a reverse-merger and recapitalization. Private Company is deemed to be the acquirer for financial reporting purposes, and the Public Company (DOCASA, Inc., f/k/a FWF Holdings, Inc.) is treated as the acquired company. Consequently, the assets and liabilities and the operations that are reflected in the historical financial statements prior to the Share Exchange are those of the Private Company and are recorded at the historical cost basis of the Private Company, and the financial statements after completion of the Share Exchange will include the assets and liabilities of the Public Company and the Private Company, and the historical operations of Private Company and operations of both companies from the closing date of the Share Exchange.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 3 - DISCONTINUED OPERATIONS	On August 31, 2017, the Company determined that the short- and long-term potential for the hot sauce products were not sufficient to warrant continuing this product line thereby discontinuing all operations in regards to the hot sauce products. The only balance sheet item related to the hot sauce products was inventory of $731, which was written off accordingly. Due to immateriality and no operations in the year ended August 31, 2017, there is no accounting for discontinued operations required.

RECEIVABLES

RECEIVABLES	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 4 – RECEIVABLES	As of August 31, 2017, and 2016, the Company has net receivables of $496,822 and $368,807, respectively. The receivables are as follows: August 31, August 31, 2017 2016 Trade receivables $ 168,121 $ 270,641 Loan receivable 328,701 109,755 Allowance for doubtful accounts - (11,589 ) Receivables, net $ 496,822 $ 368,807 The loan receivable does not have terms, therefore there is no applicable interest, it is unsecured, and no due date.

INVENTORY

INVENTORY	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 5 - INVENTORY	The Company has inventory of various items used for the sale of coffee and complementary products. As of August 31, 2017, and 2016, the Company had inventory for the coffee related products of $47,477 and $40,323, respectively. The Company accounts for its inventory using the lower of cost or market and the cost of sales are recorded utilizing the first in first out (“FIFO”) method. As of August 31, 2017, the Company had 49 cases containing 12 bottles per case (588 bottles) of hot sauce products. Due to the shelf life and the lack of sales, the Company wrote off the inventory of hot sauce products and discontinued this product line (see Note 3). The inventory is as follows: August 31, August 31, 2017 2016 Consumable products $ 17,894 $ 8,500 Food and drinks 24,117 22,858 Retail products 5,466 8,965 Total inventory $ 47,477 $ 40,323 Note: The hot sauce products were recorded on the books of DOCASA for the year ended August 31, 2016, and due to the reverse merger with DEPT-UK were not reflected as of August 31, 2016 (since the reverse merge did not occur until September 1, 2016).

FIXED ASSETS

FIXED ASSETS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 6 - FIXED ASSETS	The Company has fixed assets including computer equipment, office equipment, site equipment and machinery, site fit out costs, site furniture, fixtures and fittings. As of August 31, 2017, and 2016, the Company had total fixed assets of $2,294,264 and $1,126,093, respectively, with accumulated depreciation of $622,088 and $451,466, respectively, for net fixed assets of $1,672,176 and $674,627, respectively. Variances between the two reporting periods are primarily due to the currency translation calculation. The fixed assets are as follows: DEPT-UK DEPT-IL Consolidated August 31, August 31, August 31, 2017 2016 2017 2016 2017 2016 Computer equipment $ 62,038 $ 36,839 $ - $ - $ 62,038 $ 36,839 Office equipment 22,526 22,972 - - 22,526 22,972 Site equipment and machinery 366,661 198,532 - - 366,661 198,532 Site fit out costs 1,588,480 707,678 17,587 - 1,606,067 707,678 Site furniture, fixtures and fittings 236,384 160,072 588 - 236,972 160,072 Total fixed assets 2,276,089 1,126,093 18,175 - 2,294,264 1,126,093 Less: Accumulated depreciation 622,088 451,466 - - 622,088 451,466 Fixed assets, net $ 1,654,001 $ 674,627 $ 18,175 $ - $ 1,672,176 $ 674,627 The depreciation expense for the years ended August 31, 2017 and 2016, was $183,374 and $139,837, respectively. The variance between the expense and the increase in accumulated depreciation is due to timing of the currency translation calculation.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 7 - INTANGIBLE ASSETS	The Company has intangible assets related to website development. The amortization of the intangible assets is over a three-year period. As of August 31, 2017, and 2016, the Company had intangible assets, net of accumulated amortization, of $10,134 and $9,065, respectively. Variances between the two reporting periods are primarily due to the currency translation calculation. The intangible assets are as follows: August 31, August 31, 2017 2016 Website development $ 29,428 $ 21,088 Total intangible assets 29,428 21,088 Less: Accumulated amortization 19,294 12,023 Intangible assets, net $ 10,134 $ 9,065 The amortization expense for the years ended August 31, 2017 and 2016, was $7,271 and $9,751, respectively. The variance between the expense and the increase in accumulated amortization is due to timing of the currency translation calculation. Amortization, based on the currency translation calculation as of the date of this report, for the next five years, is as follows: 2018 $ 9,835 2019 299 2020 - 2021 - 2022 - Total $ 10,134

INVESTMENTS

INVESTMENTS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 8 - INVESTMENTS	On January 12, 2017, Allesch-Taylor purchased the Company’s original investment of £5,000 for a 5% ownership of Radio Station (f/k/a Soho Radio Ltd.) for £5,000 of his issued preference shares in DEPT-UK. The relationship with Radio Station will continue to provide the Company with intangible benefits. As the Company had previously impaired £4,000 of the investment as of August 31, 2015, the exchange resulted in a gain on the transaction and will be recorded accordingly. The Company had previously impaired the investment as the investment would only provide intangible benefits, which, after this transaction, are still anticipated to be to the benefit of the Company. See Notes 10 and 11.

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 9 - NOTES PAYABLE	The Company has notes payable as of August 31, 2017 and 2016 are as follows: Notes payable - current August 31, 2017 August 31, 2016 Accrued Accrued Principal Interest Total Principal Interest Total Arch Investments (1) $ 2,194 $ - $ 2,194 $ - $ - $ - Arch Investments (1) 5,067 - 5,067 - - - Arch Investments (1) 5,065 - 5,065 - - - Arch Investments (1) 15,873 - 15,873 - - - Arch Investments (1) 4,349 - 4,349 - - - HSBC 106,871 - 106,871 18,368 - 18,368 Total $ 139,419 $ - $ 139,419 $ 18,368 $ - $ 18,368 ________________ (1) The balance for August 31, 2016 of $32,548 is not reflected on the balance sheet due to the reverse merger. The Company assumed this liability as a condition of the reverse merger. Notes payable - non-current August 31, 2017 August 31, 2016 Accrued Accrued Principal Interest Total Principal Interest Total Deij Capital Limited $ 70,079 $ - $ 70,079 $ 39,540 $ - $ 39,540 HSBC 302,847 - 302,847 170,257 - 170,257 Total $ 372,926 $ - $ 372,926 $ 209,797 $ - $ 209,797 On February 1, 2010, DEPT-UK entered into a business loan with International Capital Corporation (“ICC”). The loan is for 7 years, with no interest. The imputed interest is deemed immaterial as of August 31, 2017. The loan was for $1,353,645 (£850,000) to be drawn down as and when required. On June 30, 2016, ICC converted the balance due of $719,143 (£542,617) into 542,617 shares of Preference Shares (see Note 11). The outstanding principal as of August 31, 2017 and 2016 was $0 (£0) and $0 (£0), respectively. See Note 10. On July 1, 2014, DEPT-UK entered into a business loan with Deij Capital Limited (“Deij Capital”), a company in which Gill is the director and owner. The loan is for 3 years, with an interest rate of 0%. The note was extended to July 1, 2018. The imputed interest is deemed immaterial as of August 31, 2017. The facility loan was for $171,437 (£100,000) to be drawn down as and when required. On June 30, 2016, Deij Capital converted the balance due of $179,534 (£135,464) into 135,464 shares of Preference Shares (see Note 11). On May 31, 2017, Deij Capital converted of the balance due $63,990 (£51,500) into 51,500 shares of Preference Shares (see Note 11). The outstanding principal as of August 31, 2017 and 2016, was $70,079 (£56,454) and $39,540 (£30,000), respectively. The accrued interest as of August 31, 2017 and 2016, was $0 (£0) and $0 (£0), respectively. See Note 10. On July 31, 2014, DOCASA executed a promissory note for $2,194 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. As of August 31, 2017, and 2016, the principal was $2,194. The balance for August 31, 2016, is not reflected on the balance sheet due to the reverse merger. The Company retained this liability as a condition of the reverse merger. This note was acquired by Arch Investments, LLC. See Notes 2 and 10. On April 30, 2015, DOCASA executed a promissory note for $5,067 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. On July 20, 2016, Arch Investments, LLC acquired this promissory note due to Nami Shams. The imputed interest is deemed immaterial as of August 31, 2017. As of August 31, 2017, and 2016, the principal was $5,067. The balance for August 31, 2016, is not reflected on the balance sheet due to the reverse merger. The Company retained this liability as a condition of the reverse merger. See Notes 2 and 10. On July 31, 2015, DOCASA executed a promissory note for $5,065 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. As of August 31, 2017, and 2016, the principal was $5,065. The balance for August 31, 2016, is not reflected on the balance sheet due to the reverse merger. The Company retained this liability as a condition of the reverse merger. This note was acquired by Arch Investments, LLC. See Notes 2 and 10. On October 31, 2015, DOCASA executed a promissory note for $15,873 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. As of August 31, 2017, and 2016, the principal was $15,873. The balance for August 31, 2016, is not reflected on the balance sheet due to the reverse merger. The Company retained this liability as a condition of the reverse merger. This note was acquired by Arch Investments, LLC. See Notes 2 and 10. On January 31, 2016, DOCASA executed a promissory note for $4,349 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of May 31, 2017. As of August 31, 2017, and 2016, the principal was $4,349. The balance for August 31, 2016, is not reflected on the balance sheet due to the reverse merger. The Company retained this liability as a condition of the reverse merger. This note was acquired by Arch Investments, LLC. See Notes 2 and 10. On July 28, 2016, DEPT-UK entered into a business loan with HSBC. The loan is a development loan drawn down against development invoices. The loan is for 4 years, with an interest rate of 4.5% over the Bank of England base rate. The loan repayment is monthly, interest-only payments for the first six months followed by monthly repayments of principal and interest over the remaining forty-two months. The loan was for $437,992 (£352,500) with an initial $115,767 (£93,178) drawn. The outstanding principal and accrued interest as of August 31, 2017 and 2016, was $409,718 (£317,941) and $170,257 (£129,178), respectively. As of August 31, 2017, the current portion was $106,871 (£82,932) and the non-current portion was $302,847 (£235,009). As of August 31, 2016, the Company had a temporary loan from HSBC in the amount of $18,368. As of August 31, 2017, the liability had been paid in full. On September 1, 2016, DOCASA acquired the 115,000,000 shares of common stock from Atlantik in exchange for a promissory note for $320,000, which is non-interest bearing and terminates in one year. The imputed interest is deemed immaterial as of August 31, 2017. The principal is payable in two tranches; $20,000 due September 30, 2016, and the remaining $300,000 due August 31, 2017. The $20,000 payment was made by a third party and recorded as contributed capital in September 2016. The remaining $300,000 balance was paid on November 30, 2016, to Atlantik by Allesch-Taylor. See Notes 1, 2, 5, 6 and 10.

RELATED PARTIES TRANSACTIONS

RELATED PARTIES TRANSACTIONS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 10 - RELATED PARTIES TRANSACTIONS	On February 1, 2010, DEPT-UK entered into a business loan with ICC. The loan is for 7 years, with no interest. The imputed interest is deemed immaterial as of August 31, 2017. The loan was for $1,353,645 (£850,000) to be drawn down as and when required. On June 30, 2016, ICC converted the balance due of $719,143 (£542,617) into 542,617 shares of Preference Shares (see Note 11). The outstanding principal as of August 31, 2017 and 2016 was $0 (£0) and $0 (£0), respectively. See Note 9. On July 1, 2014, DEPT-UK entered into a business loan with Deij Capital Limited (“Deij Capital”), a company in which Gill is the director and owner. The loan is for 3 years, with an interest rate of 0%. The imputed interest is deemed immaterial as of May 31, 2017. The facility loan was for $171,437 (£100,000) to be drawn down as and when required. On June 30, 2016, Deij Capital converted the balance due of $179,534 (£135,464) into 135,464 shares of Preference Shares (see Note 11). On May 31, 2017, Deij Capital converted of the balance due $63,990 (£51,500) into 51,500 shares of Preference Shares (see Note 11). The outstanding principal as of August 31, 2017 and 2016, was $70,079 (£56,454) and $39,540 (£30,000), respectively. The accrued interest as of August 31, 2017 and 2016, was $0 (£0) and $0 (£0), respectively. See Note 9. On July 31, 2014, DOCASA executed a promissory note for $2,194 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. See Notes 2 and 9. On April 30, 2015, DOCASA executed a promissory note for $5,067 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. On July 20, 2016, Arch Investments, LLC acquired this promissory note due to Nami Shams. See Notes 2 and 9. On July 31, 2015, DOCASA executed a promissory note for $5,065 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. See Notes 2 and 9. On October 31, 2015, DOCASA executed a promissory note for $15,873 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. See Notes 2 and 9. On January 31, 2016, DOCASA executed a promissory note for $4,349 with Nami Shams, a former officer and director of the Company. The note has no set term of repayment and is non-interest bearing. The imputed interest is deemed immaterial as of August 31, 2017. See Notes 2 and 9. On June 30, 2016, Nami Shams, a former officer and director of DOCASA, provided DOCASA with a Forgiveness of Debt for $6,302 for advances made by Nami Shams to the Company. On June 30, 2016, 192,745 Preference Shares were issued to Allesch-Taylor in exchange for a payable of $255,450 (£192,745). See Note 11. On July 8, 2016, the majority shareholder of DOCASA, Nami Shams, sold 115,000,000 shares of common stock representing 75.8% of the outstanding shares of the Company at such time to Atlantik for a total purchase price of $200,000. See Notes 2 and 11. On September 1, 2016, the Company acquired the 115,000,000 shares of common stock from Atlantik in exchange for a promissory note for $320,000. The principal is payable in two tranches; $20,000, which was paid on September 30, 2016, and the remaining $300,000 due August 29, 2017. See Notes 1, 2, 4, 6 and 10. On September 1, 2016, the Company acquired DEPT-UK (see Notes 2, 6 and 9) and initially issued 110,000,000 shares of common stock as part of the acquisition to Stefan Allesch-Taylor, the Chairman of the Company. On April 6, 2017, the Board of Directors approved the issuance of 2,936,000 shares of common stock to Allesch-Taylor, which are part of the 60,000,000 shares to be issued to Allesch-Taylor by August 31, 2017. On June 26, 2017, Mr. Allesch-Taylor requested that the issuance deadline of August 31, 2017, be extended to August 31, 2018, which was agreed to by the Company. In October 2017, the Company issued an additional 8,976,875 shares of common stock to Allesch-Taylor (see Note 17). On November 30, 2016, 10,750 Preference Shares were issued to Deij Capital in exchange for a debt of $13,422 (£10,750). See Note 11. On January 12, 2017, Allesch-Taylor purchased the Company’s original investment of £5,000 for Radio Station for £5,000 of his issued preference shares in DEPT-UK. As the Company had impaired £4,000 of the investment as of August 31, 2015, the exchange will result in a gain on the transaction and will be recorded accordingly. The Company had previously impaired the investment as the investment would only provide intangible benefits, which, after this transaction, will still be applicable. See Notes 8 and 11. On February 28, 2017, 51,500 Preference Shares were issued to Deij Capital in exchange for a debt of $63,990 (£51,500). See Note 11. For the years ended August 31, 2017 and August 31, 2016, the Company purchased $194,352 (£150,817) and $132,508 (£92,320), respectively, of cakes from Dee Light, a company which Gill, the vice chairman of the Company, was a 50% shareholder (until November 2016). As of August 31, 2017, and 2016, the Company owed Dee Light $70,165 (£54,448) and $56,102 (£42,566), respectively. For the years ended August 31, 2017 and 2016, the Company made sales or advances of $530,780 (£405,815) and $328,924 (£229,166), respectively, to The Roastery Department Ltd. (“The Roastery Department”), and made purchases from it of £217,418 and £123,705 for the years ended August 31, 2017, and 2016, respectively. As of August 31, 2017, and 2016, the Company both has receivables and payables from The Roastery Department, which netted as receivables of $1,198,811 (£930,277) and payables of $452,674 (£351,275), respectively. Gill, the Company’s vice chairman, and Ashley Lopez (“Lopez”), the Company’s chief executive officer, were both unpaid directors of The Roastery Department until they resigned on December 1, 2016. The Company, when purchasing products from The Roastery Department, was provided a discount due to the strategic relationship between the two parties which provided the Company its purchases at cost. The relationship between The Roastery Department and the Company, as stated, is classified as a barter transaction. Therefore, the Company expensed the net of the receivable and the payable, $417,436 (£323,930), resulted in an expense of $423,680, with the variance due to the currency translation. The Company maintains a receivable for cash advance of $328,703 (£255,072). As of August 31, 2017, and 2016, the Company owed Allesch-Taylor, the Company’s chairman, payables of $41,174 (£31,951) and $0 (£0), respectively. As of August 31, 2017, and 2016, the Company owed Lopez, the Company’s chief executive officer, payables of $893 (£693) and $2,985 (£2,265), respectively. As of August 31, 2017, and 2016, the Company owed Deij Capital, a company in which Gill, the deputy chairman of the Company, is the director and owner, notes payable of $70,079 (£56,454) and $39,540 (£30,000), respectively. As of August 31, 2017, and 2016, the Company owed Deij Capital, accounts payable of $12,045 (£9,347) and $5,390 (£3,500), respectively. On November 30, 2016, Allesch-Taylor individually paid the Company’s remaining balance of $300,000 in regards to the promissory note to Atlantik (see Notes 9 and 11). In exchange for the payment on behalf of the Company, the Company agreed to issue Allesch-Taylor 300,000 shares of common stock at a value of $1.00 per share. As of that date, the last stock transaction with stock was September 1, 2016, which valued the common stock at $0.0027 per share, and the Company therefore believes that the agreed valuation of $1.00 per share was fair and beneficial to the Company. Nevertheless, this transaction was not necessarily an arm’s length transaction. As of August 31, 2017, the stock has not been issued and is recorded as issuable. The Company has an employment agreement with Lopez, our CEO, and did have a consulting agreement with Clearbrook Capital Partners LLP (“Clearbrook”), an entity where Kazi Shahid, our former CFO, was a partner and also served as CFO. Allesch-Taylor is a director of Clearbrook. The agreement with Clearbrook was terminated on March 15, 2017. The above related party transactions are not necessarily considered as arm’s length transactions for all circumstances.

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 11 - STOCKHOLDERS’ EQUITY	Common Stock The Company was authorized to issue up to 75,000,000 shares of common stock, par value $0.001 per share. On March 26, 2015, the Company increased its authorized common stock to 250,000,000 shares of common stock. Each outstanding share of common stock entitles the holder to one vote per share on all matters submitted to a stockholder vote. All shares of common stock are non-assessable and non-cumulative, with no pre-emptive rights. On July 8, 2016, the majority shareholder of the Company, Nami Shams, sold 115,000,000 shares of common stock representing 75.8% of the outstanding shares of the Company for a total purchase price of $200,000. See Notes 2 and 10. On September 1, 2016, the Company acquired DEPT-UK (see Notes 2, 5 and 10). As a condition of the acquisition, 110,000,000 shares of common stock were issued on September 1, 2016. Additionally, 60,000,000 shares of common stock were issuable at the discretion of the board of directors but no later than August 31, 2017. On April 6, 2017, 2,936,000 shares were issued to Mr. Allesch-Taylor leaving 57,064,000 as issuable. On June 26, 2017, Mr. Allesch-Taylor requested that the deadline to issue the shares of August 31, 2017, be extended to August 31, 2018, which was agreed to by the Company. On September 1, 2016, the Company acquired the 115,000,000 shares of common stock from Atlantik in exchange for a promissory note for $320,000. The acquired shares were cancelled on September 1, 2016. See Notes 1, 2, 5 and 10. On November 30, 2016, Allesch-Taylor individually paid the Company’s remaining balance of $300,000 in regards to the promissory note to Atlantik (see Notes 9 and 10). In exchange for the payment on behalf of the Company, the Company issued Allesch-Taylor 300,000 shares of common stock at a value of $1.00 per share. The last transaction with stock was September 1, 2016, which valued the common stock at $0.0027 per share. The Company’s common stock did not trade during this period therefore the value for the November 30, 2016 transaction was determined to be multiples higher than the last recorded transaction. The Company believes that the value is not beneficial to Allesch-Taylor but does not state that this was an arm’s length transaction. On April 6, 2017, the Board of Directors approved the issuance of 2,936,000 shares of common stock to Allesch-Taylor, which are part of the 60,000,000 shares to be issued to Allesch-Taylor by August 31, 2018 (see Notes 1, 5, 6, 9 and 10). As of May 31, 2017, the Company has not granted any stock options and has not recorded any stock-based compensation. All references in these financial statements to number of common shares, price per share and weighted average number of shares outstanding prior to the 115:1 forward split have been adjusted to reflect the stock split on a retroactive basis unless otherwise noted. Preference Shares – DEPT-UK The Articles of Association of DEPT-UK, pursuant to the Companies Act 2006, authorized DEPT-UK to issue up to 25,000,000 preference shares, par value £1.00 per share (such subsidiary preference shares referred to herein as “Preference Shares”). Such Preference Shares have no votes and limited distribution rights. Subject to the provisions of the Companies Act 2006, DEPT-UK shall have the right pursuant to Section 687-688 of the Companies Act 2006 to redeem at par the whole or any part of the Preference Shares at any time or times after the date of issue of the said Preference Shares upon giving to DEPT-UK not less than three months’ previous notice in writing. The Preference Shares, at the discretion of the Board of Director of DEPT-UK, can be purchased at the value they were issued or can be converted into contributed capital. The Preference Shares are accounted for as minority interest. On June 30, 2016, 192,745 Preference Shares were issued to Allesch-Taylor in exchange for payables of $255,450 (£192,745). See Note 10. On June 30, 2016, 542,617 Preference Shares were issued to ICC in exchange for a debt of $719,143 (£542,617). See Note 9. On June 30, 2016, 135,464 Preference Shares were issued to Deij Capital, a company which is owned and controlled by Gill, a director of the Company, in exchange for a debt of $179,534 (£135,464). On November 30, 2016, 10,750 Preference Shares were issued to Deij Capital in exchange for a debt of $13,422 (£10,750). See Note 10. On January 12, 2017, Allesch-Taylor purchased the Company’s original investment of £5,000 for Radio Station for £5,000 of his issued preference shares in DEPT-UK. As the Company had impaired £4,000 of the investment as of August 31, 2015, the exchange will result in a gain on the transaction and was recorded. The Company had previously impaired the investment as the investment would only provide intangible benefits, which, after this transaction, will still be applicable. See Notes 8 and 10. On January 23, 2017, Borough Capital subscribed to 300,000 Preference Shares for $374,479 (£305,032). On January 25, 2017, Borough Capital subscribed to 5,000 Preference Shares for $6,310 (£5,000). On February 28, 2017, 29,250 Preference Shares were issued to Deij Capital in exchange for a debt of $36,300 (£29,250). See Note 10. On May 31, 2017, Borough Capital subscribed to 200,000 Preference Shares for $257,997 (£200,000). On August 31, 2017, Borough Capital subscribed to 232,000 Preference Shares for $298,969 (£232,000). The dollar amount of Preference Shares, as recorded, were reclassified to additional paid-in capital as part of consolidation.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 12 - COMMITMENTS AND CONTINGENCIES	Legal Matters From time to time, we may be involved in litigation relating to claims arising out of our operations in the normal course of business. As of October 25, 2017, there were no pending or threatened lawsuits. Lease Commitment We lease office space in Schaumburg, Illinois, pursuant to a lease that is monthly. This facility serves as our corporate office. Future minimum lease payments under leases due to the acquisition of DEPT-UK (see Note 2) and the expansion in the US, are as follows: 2018 $ 775,726 2019 775,490 2020 778,760 2021 746,502 2022 532,555 Future 1,241,852 Total $ 4,850,885 Note: The above table will change in each future filing due to currency translation as applicable. As a result of the acquisition on September 1, 2016 (see Note 10), for DEPT-UK, 16 leases, of which one is for the UK administrative office, and 15 operational leases. The Company has one lease in the United States for DEPT-IL. The Company also has one coffee shop under construction in the US, which is under lease, and opened in October 2017. Various leases have break out dates prior to expiration. See Notes 2 and 10. The Company entered into six leases during the year ended August 31, 2017. The Company is a primary leaseholder on one lease which it has subleased to the Roastery and is responsible for the payments. The Company is responsible for annual payments of approximately £19,500 for an undefined period of time. Rent expense for the years ended August 31, 2017 and 2016, was $463,655 and $418,193, respectively.

INCOME TAX

INCOME TAX	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 13 - INCOME TAX	For the fiscal year 2017 and 2016, there was no provision for income taxes and deferred tax assets have been entirely offset by valuation allowances. As of August 31, 2017, and 2016, the Company has United States net operating loss carry forwards of $88,646 and $0, respectively. The carry forwards expire through the year 2036. The Company’s net operating loss carry forwards may be subject to annual limitations, which could reduce or defer the utilization of the losses as a result of an ownership change as defined in Section 382 of the Internal Revenue Code. The United Kingdom does not recognize net operating loss carry forwards. The Company’s tax expense differs from the “expected” tax expense for Federal income tax purposes (computed by applying the United States Federal tax rate of 34% to loss before taxes), as follows: For the Years Ended August 31, 2017 2016 Tax expense (benefit) at the statutory rate Federal $ (45,553 ) $ - Non-U.S. (367,468 ) 9,291 State income taxes, net of federal income tax benefit (3,606 ) - Non-deductible items - Federal 15,832 - Non-U.S. 367,468 (9,291 ) Change in valuation allowance 33,327 - Total $ - $ - The tax effects of the temporary differences between reportable financial statement income and taxable income are recognized as deferred tax assets and liabilities. The tax effect of significant components of the Company’s deferred tax assets and liabilities at August 31, 2017 and 2016, respectively, are as follows: August 31, 2017 2016 Deferred tax assets: Net operating loss carryforward $ 30,140 $ - Less: Deferred tax asset valuation allowance (30,140 ) - Total net deferred taxes $ - $ - In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Because of the historical earnings history of the Company, the net deferred tax assets for 2017 were fully offset by a 100% valuation allowance. The valuation allowance for the remaining net deferred tax assets was $30,140 and $0 as of August 31, 2017 and 2016, respectively.

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 14 - CONCENTRATIONS	Concentration of Credit Risk Financial instruments, which potentially subject the Company to a concentration of credit risk, consist principally of temporary cash investments. The Company places its temporary cash investments with financial institutions insured by the Federal Deposit Insurance Corporation (“FDIC”) for the United States and the Financial Services Compensation Scheme (“FSCS”) for the United Kingdom. No amounts exceeded federally insured limits as of August 31, 2017. There have been no losses in these accounts through August 31, 2017. Concentration of Customer The Company has one customer, which, for the years ended August 31, 2017 and 2016, had sales of $557,416 (£426,180, 13.3% of total revenue) and $451,261 (£372,678, 16.7% of total revenue), respectively. The Company has a contract with the customer that expires in February 2020. Concentration of Supplier The Company relies on several suppliers for coffee, none of which are irreplaceable. The Company relies on one company to provide roasting services, which could be replaced without any negative long-term effects on the Company. Concentration of Lender The Company has two lenders, one a third-party and the other a related party, for its notes payable. Concentration of Intellectual Property The Company, after the acquisition of DEPT-UK, owns or has filed for the trademarks “Department of Coffee and Social Affairs,” “Coffeesmiths,” and “Elixir Espresso,” as filed with in Great Britain and Northern Ireland with the Trade Marks Registry, the European Union with the Intellectual Property Office, and the United States with the Patent and Trademark Office.

REVENUE CLASSES

REVENUE CLASSES	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 15 – REVENUE CLASSES	Selected financial information for the Company’s operating revenue classes for the years ended August 31, 2017 and 2016, are as follows: Revenues: For the year ended For the year ended August 31, 2017 August 31, 2016 Coffee and complementary food products $ 3,669,307 £ 2,805,418 $ 3,409,213 £ 2,375,245 Coffee school $ 12,425 £ 9,500 $ 20,357 £ 14,183 Management fees $ 498,751 £ 381,327 $ 439,947 £ 306,517 Hot sauce (a) $ - £ 0 $ - £ 0 Total $ 4,180,483 £ 3,196,245 $ 3,869,517 £ 2,695,945 (a) For the year ended August 31, 2016, due to the reverse merger on September 1, 2016, are not reflective on this table. Direct costs of revenue: For the year ended For the year ended August 31, 2017 August 31, 2016 Coffee and complementary food products $ 3,479,372 £ 2,660,202 $ 2,316,912 £ 1,619,427 Coffee school $ 1,319 £ 1,008 $ 2,061 £ 1,388 Management fees $ 152,900 £ 116,902 $ 139,268 £ 93,781 Hot sauce (a) $ - £ 0 $ - £ 0 Total $ 3,633,591 £ 2,778,112 $ 2,458,240 £ 1,714,595 (a) For the year ended August 31, 2016, due to the reverse merger on September 1, 2016, are not reflective on this table.

MINORITY INTEREST

MINORITY INTEREST	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 16 - MINORITY INTEREST	DEPT-UK has a minority interest of 0.2%. For the year ended August 31, 2017, the Company had a minority interest of $1,230. For the year ended August 31, 2016, the Company had a minority interest of $55, which was not material therefore not recorded.

CAPITAL LEASE OBLIGATIONS

CAPITAL LEASE OBLIGATIONS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 17 - CAPITAL LEASE OBLIGATIONS	The Company leases various assets under capital lease. As of August 31, 2017, and 2016, capital lease obligations consisted of the following: DEPT-UK August 31, 2017 2016 Computer equipment $ 57,128 $ 36,839 Office equipment 20,420 22,972 Site equipment and machinery 355,914 198,532 Site furniture, fixtures and fittings 233,669 160,072 Total fixed assets 667,131 418,415 Less: Accumulated depreciation 240,246 180,874 Fixed assets, net $ 426,885 $ 237,541 Aggregate future minimum rentals under capital leases are as follows: Year ended August 31, 2018 $ 116,146 2019 88,906 2020 65,083 2021 50,564 2022 13,543 Total 334,242 Less: Interest 15,157 Present value of minimum lease payments 319,085 Less: Current portion of capital lease obligations 116,146 Capital lease obligations, net of current portion $ 202,939 Note: The above schedule reflects only items that have payments associated with them.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Aug. 31, 2017
Notes to Financial Statements
NOTE 18 - SUBSEQUENT EVENTS	The Company has evaluated subsequent events through the date the financial statements were issued and filed with the Securities and Exchange Commission. The Company has determined that there are no other such events that warrant disclosure or recognition in the financial statements, except as stated herein. On October 4, 2017, the Company opened its first coffee shop location in the United States, in Chicago, Illinois. On October 6, 2017, the Company issued 8,976,875 shares of common stock to Allesch-Taylor as part of the common stock owed to Allesch-Taylor in regards to the acquisition (see Notes 2, 5, 10 and 11). After this issuance, of the original 60,000,000 shares issuable, 48,087,125 remain issuable by no later than August 31, 2018. On October 30, 2017, the Company issued 1,000,000 shares of common stock to Allesch-Taylor as part of the common stock owed to Allesch-Taylor in regards to the acquisition (see Notes 2, 5, 10 and 11). After this issuance, of the second tranche of 60,000,000 shares issuable to Allesch-Taylor pursuant to the acquisition terms, 47,087,125 remain issuable to him by no later than August 31, 2018.

NATURE OF OPERATIONS AND SUMM25

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Aug. 31, 2017
Nature Of Operations And Summary Of Significant Accounting Policies Policies
Organization	DOCASA, Inc. (the “Company,” “we,” “us,” “our,” or “DOCASA”) was incorporated in the State of Nevada on July 22, 2014, under the name of FWF Holdings, Inc. The Company changed its name on August 4, 2016. The Company was originally engaged in the business of commercial production and distribution of hot sauce (see Note 3). On August 4, 2016, the Company changed its year end from July 31 to August 31. On July 8, 2016, the Company experienced a change in control. Atlantik LP (“Atlantik”), a related party, acquired a majority of the issued and outstanding common stock of the Company in accordance with a stock purchase agreement by and between Atlantik and Nami Shams (the “Seller”). On the closing date, July 8, 2016, pursuant to the terms of the stock purchase agreement, Atlantik purchased from the Seller 115,000,000 shares of the Company’s outstanding restricted common stock for $200,000, representing 75.8% of the Company’s outstanding common stock at that time. On September 1, 2016, the Company acquired 99.8% of the voting stock of the Department of Coffee and Social Affairs Limited, a United Kingdom corporation (the “DEPT-UK”), and the Company agreed to issue DEPT-UK’s majority shareholder 170,000,000 shares of the Company’s common stock—110,000,000 shares initially and 60,000,000 shares at a time determined by the Company’s Board of Directors but no later than August 31, 2017, which deadline was subsequently extended to August 31, 2018. Also on September 1, 2016, the Company acquired 115,000,000 shares of the Company’s common stock from Atlantik in exchange for issuing Atlantik a promissory note for $320,000, which shares were then cancelled and which note has since been paid in full. As a result of the acquisition and the issuance of the initial 110,000,000 shares of common stock, and the cancellation of the 115,000,000 Atlantik shares, DEPT-UK is now the majority-owned subsidiary of the Company, and the Company experienced a change of control. DEPT-UK formed a wholly-owned subsidiary, Department of Coffee and Internal Affairs Limited (“DCIA”), on September 11, 2014, as filed with the Registrar of Companies for England and Wales. As of August 31, 2017, DCIA has had no operations or activity. DEPT-UK formed a wholly-owned subsidiary, The Department of Coffee and Social Affairs Limited, on November 9, 2014, as filed with the Registrar of Companies for England and Wales. On February 28, 2014, the name was changed to DOCASA Limited. On May 1, 2015, the name was changed to Eat Sleep Juice Repeat Limited. As of January 18, 2017, this subsidiary, with no operations or activity, was sold for £1. On April 5, 2017, the Company formed Department of Coffee and Social Affairs IL, Inc. (“DEPT-IL”), an Illinois corporation. On May 18, 2017, the Company formed Department of Coffee and Social Affairs White Space Limited (“DEPT-UKWS”), as filed with the Registrar of Companies for England and Wales. DEPT-UKWS is a subsidiary of DEPT-UK. For financial reporting purposes, the acquisition of DEPT-UK and the change of control in connection with acquisition represented a "reverse merger" rather than a business combination, and DEPT-UK is deemed to be the accounting acquirer in the transaction. For the periods subsequent to August 31, 2016, the acquisition is being accounted for as a reverse-merger and recapitalization. DEPT-UK is the acquirer for financial reporting purposes, and the Company (DOCASA, Inc., f/k/a FWF Holdings, Inc.) is the acquired company. Consequently, the assets and liabilities and the operations that are reflected in the historical financial statements prior to the acquisition are those of DEPT-UK and have been recorded at the historical cost basis of DEPT-UK, and the financial statements after completion of the acquisition include the assets and liabilities of both the Company and DEPT-UK, and the historical operations of DEPT-UK prior to closing and operations of both companies from the closing of the acquisition.
Nature of Operations	We are currently devoting our efforts to the specialty coffee industry, specifically with company-operated stores. The Company will generate revenue through sales at fifteen existing company-operated coffee shop locations in the UK, with seven more locations under construction. The Company is expanding its operations to the United States and is opening its first coffee shop in Chicago, Illinois in October 2017. Our objective is to continue to be recognized as one of the upper tier specialty coffee retail operations. Similar to other leading operators, we sell our proprietary coffee and related products, and complementary food and snacks. The Company, as of August 31, 2017, has discontinued its hot sauce products which had no activity in the year ended August 31, 2017 (see Note 3). Accounting for discontinued operations not required due to immateriality.
Principles of Consolidation	The consolidated financial statements include the accounts of DOCASA and its subsidiaries, DEPT-UK, DCIA, DEPT-IL and DEPT-UK’s subsidiary, DEPT-UKWS. All significant inter-company balances and transactions have been eliminated in consolidation.
Basis of Presentation	The Company prepares its financial statements in conformity with generally accepted accounting principles in the United States of America.
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. Significant estimates in the accompanying financial statements include the amortization period for intangible assets, valuation and impairment valuation of intangible assets, allowance for accounts receivable, depreciable lives of the web site, valuation of warrants and beneficial conversion feature debt discounts, valuation of derivatives, and valuation of share-based payments.
Cash and Cash Equivalents	The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents.
Accounts Receivable	Accounts receivable consisted of amounts due from customers primarily for management fees. The Company considered accounts more than 30 days old to be past due. The Company used the allowance method for recognizing bad debts. When an account was deemed uncollectible, it was written off against the allowance. The Company generally does not require collateral for its accounts receivable. Management has not recorded an allowance for doubtful accounts as of August 31, 2017.
Inventory	Inventory is recorded at the lower of cost or market and the cost of sales are recorded utilizing the first in first out (“FIFO”) method.
Property, Equipment and Depreciation	Property and equipment is recorded at cost. Depreciation is computed using the straight-line method based on the estimated useful lives of the related assets of three years for computer equipment, five years for office furniture and fixtures, and the lesser of the lease term or the useful life of the leased equipment. Leasehold improvements, if any, would be amortized over the lesser of the lease term or the useful life of the improvements. Expenditures for maintenance and repairs along with fixed assets below our capitalization threshold are expensed as incurred.
Impairment of Long-Lived Assets	The Company accounts for long-lived assets in accordance with the provisions of Statement of Financial Accounting Standards ASC 360-10, “Accounting for the Impairment or Disposal of Long-Lived Assets”. This statement requires that long-lived assets and certain identifiable intangibles be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell.
Fair Value of Financial Instruments	The Company measures its financial assets and liabilities in accordance with generally accepted accounting principles. For certain of our financial instruments, including cash, accounts payable, accrued expenses, and short-term loans the carrying amounts approximate fair value due to their short maturities. We follow accounting guidance for financial and non-financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard does not require any new fair value measurements, but rather applies to all other accounting pronouncements that require or permit fair value measurements. This guidance does not apply to measurements related to share-based payments. This guidance discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The guidance utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Inputs other than quoted prices that are observable, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable inputs in which little or no market data exists, therefore developed using estimates and assumptions developed by us, which reflect those that a market participant would use.
Revenue Recognition	The Company recognizes revenue for our services in accordance with ASC 605-10, “Revenue Recognition in Financial Statements.” Under these guidelines, revenue is recognized on transactions when all of the following exist: persuasive evidence of an arrangement did exist, delivery of service has occurred, the sales price to the buyer is fixed or determinable and collectability is reasonably assured. The Company has three primary revenue streams as follows: · Sales of specialty coffee and complementary food products. · Coffee school. · Coffee services.
Stock-Based Compensation	The Company accounts for stock-based instruments issued to employees in accordance with ASC Topic 718. ASC Topic 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity based compensation issued to employees. The value of the portion of an award that is ultimately expected to vest is recognized as an expense over the requisite service periods using the straight-line attribution method. The Company accounts for non-employee share-based awards in accordance with the measurement and recognition provisions ASC Topic 505-50. The Company estimates the fair value of stock options at the grant date by using the Black-Scholes option-pricing model.
Advertising	Advertising is expensed as incurred and is included in loss from operations on the accompanying statement of operations. For the years ended August 31, 2017 and 2016 advertising expense was $39,628 and $27,395, respectively.
Income Taxes	The Company adopted the provisions of ASC 740-10, “Accounting for Uncertain Income Tax Positions.” When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. In accordance with the guidance of ASC 740-10, the benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above should be reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. The Company believes its tax positions are all highly certain of being upheld upon examination. As such, the Company has not recorded a liability for unrecognized tax benefits. As of August 31, 2017, tax years 2014 – 2017 remain open for IRS audit and tax years 2015–2017 remain open for HM Revenue & Customs (“HMRC”) audit. The Company has received no notice of audit from the IRS or HMRC for any of the open tax years. The Company adopted ASC 740-10, “
Net Earnings (Loss) Per Share	In accordance with ASC 260-10, “Earnings Per Share,” basic net earnings (loss) per common share is computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period.
Foreign Currency Translation and Transactions	The British Pound (“£”) is the functional currency of DEPT-UK whereas the financial statements are reported in United States Dollar (“USD,” “$”). Assets and liabilities are translated based on the exchange rates at the balance sheet date, while revenue and expense accounts are translated at the average exchange rates prevailing during the period. Equity accounts are translated at historical exchange rates. The resulting translation gain and loss adjustments are accumulated as a component of stockholders’ equity and other comprehensive income.
Comprehensive Income (Loss)	The Company reports comprehensive income (loss) and its components in its consolidated financial statements. Comprehensive income (loss) consists of net loss and foreign currency translation adjustments affecting stockholders’ equity that, under U.S. GAAP, are excluded from net loss. As of August 31, 2017, the exchange rate between U.S. Dollars and British Pounds was US$1.2886604425 = £1.00, and the weighted average exchange rate for the year ended August 31, 2017 was US$1.3079355980 = £1.00. As of August 31, 2016, the exchange rate between U.S. Dollars and British Pounds was US$1.318 = £1.00.
Going Concern	The Company has a net loss for the year ended August 31, 2017 of $1,425,846 and a working capital deficit as of August 31, 2017 of $770,349, and has used cash in operations of $731,424 for the year ended August 31, 2017. In addition, as of August 31, 2017, the Company had a stockholders’ equity and accumulated deficit of $461,970 and $2,766,367, respectively. Without further funding, these conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying consolidated financial statements have been prepared in conformity with U.S. GAAP, which contemplate continuation of the Company as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. The ability of the Company to continue its operations is dependent on the execution of management’s plans, which include the raising of capital through the debt and/or equity markets, until such time that funds provided by operations are sufficient to fund working capital requirements. If the Company were not to continue as a going concern, it would likely not be able to realize its assets at values comparable to the carrying value or the fair value estimates reflected in the balances set out in the preparation of the consolidated financial statements. There can be no assurances that the Company will be successful in generating additional cash from the equity/debt markets or other sources to be used for operations. The consolidated financial statements do not include any adjustments relating to the recoverability of assets and classification of assets and liabilities that might be necessary. Based on the Company’s current resources, the Company will not be able to continue to operate without additional immediate funding. Should the Company not be successful in obtaining the necessary financing to fund its operations, the Company would need to curtail certain or all operational activities and/or contemplate the sale of its assets, if necessary.
Segment Information	In accordance with the provisions of ASC 280-10, “Disclosures about Segments of an Enterprise and Related Information”, the Company is required to report financial and descriptive information about its reportable operating segments. The Company does not have any operating segments as of August 31, 2017 and 2016.
Effect of Recent Accounting Pronouncements	The Company reviews new accounting standards and updates as issued. No new standards or updates had any material effect on these financial statements. The accounting pronouncements and updates issued subsequent to the date of these financial statements that were considered significant by management were evaluated for the potential effect on these financial statements. Management does not believe any of the subsequent pronouncements will have a material effect on these financial statements as presented and does not anticipate the need for any future restatement of these financial statements because of the retro-active application of any accounting pronouncements issued subsequent to August 31, 2017 through the date these financial statements were issued. In February 2016, the Financial Accounting Standards Board (“FASB”) issued an ASU on lease accounting. The ASU requires the lease rights and obligations arising from lease contracts, including existing and new arrangements, to be recognized as assets and liabilities on the balance sheet. The ASU is effective for reporting periods beginning after December 15, 2018 with early adoption permitted. While the Company is still evaluating the ASU, the Company expects the adoption of the ASU to have a material effect on the Company’s financial condition due to the recognition of the lease rights and obligations as assets and liabilities. The Company expects the ASU to have a material effect on the Company’s results of operations, and the ASU will have no effect on cash flows. ASU 2014-09, Revenue – Revenue from Contracts with Customers. In May 2014, the FASB issued a new accounting standard that requires recognition of revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those goods or services. The FASB has also issued several updates to ASU 2014-09. The new standard supersedes U.S. GAAP guidance on revenue recognition and requires the use of more estimates and judgments than the present standards. It also requires additional disclosures. We will adopt the new revenue guidance effective January 1, 2017, by recognizing the cumulative effect of initially applying the new standard as an increase to the opening balance of retained earnings. We expect this adjustment to be less than $100 million, with an immaterial impact to our net income on an ongoing basis. Adoption of the new standard will also result in changes in classification between Revenues, Cost of sales, Non-Financial Services interest income and other income/(loss), net, and Financial Services other income/(loss), net. In July 2017, the FASB issued ASU 2017-11 “Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815).” The amendments in Part I of this Update change the classification analysis of certain equity-linked financial instruments (or embedded features) with down round features. When determining whether certain financial instruments should be classified as liabilities or equity instruments, a down round feature no longer precludes equity classification when assessing whether the instrument is indexed to an entity’s own stock. The amendments also clarify existing disclosure requirements for equity-classified instruments. As a result, a freestanding equity-linked financial instrument (or embedded conversion option) no longer would be accounted for as a derivative liability at fair value as a result of the existence of a down round feature. For freestanding equity classified financial instruments, the amendments require entities that present earnings per share (EPS) in accordance with Topic 260 to recognize the effect of the down round feature when it is triggered. That effect is treated as a dividend and as a reduction of income available to common shareholders in basic EPS. Convertible instruments with embedded conversion options that have down round features are now subject to the specialized guidance for contingent beneficial conversion features (in Subtopic 470-20, Debt—Debt with Conversion and Other Options), including related EPS guidance (in Topic 260). The amendments in Part II of this Update recharacterize the indefinite deferral of certain provisions of Topic 480 that now are presented as pending content in the Codification, to a scope exception. Those amendments do not have an accounting effect. Under current GAAP, an equity-linked financial instrument with a down round feature that otherwise is not required to be classified as a liability under the guidance in Topic 480 is evaluated under the guidance in Topic 815, Derivatives and Hedging, to determine whether it meets the definition of a derivative. If it meets that definition, the instrument (or embedded feature) is evaluated to determine whether it is indexed to an entity’s own stock as part of the analysis of whether it qualifies for a scope exception from derivative accounting. Generally, for warrants and conversion options embedded in financial instruments that are deemed to have a debt host (assuming the underlying shares are readily convertible to cash or the contract provides for net settlement such that the embedded conversion option meets the definition of a derivative), the existence of a down round feature results in an instrument not being considered indexed to an entity’s own stock. This results in a reporting entity being required to classify the freestanding financial instrument or the bifurcated conversion option as a liability, which the entity must measure at fair value initially and at each subsequent reporting date. The amendments in this Update revise the guidance for instruments with down round features in Subtopic 815-40, Derivatives and Hedging—Contracts in Entity’s Own Equity, which is considered in determining whether an equity-linked financial instrument qualifies for a scope exception from derivative accounting. An entity still is required to determine whether instruments would be classified in equity under the guidance in Subtopic 815-40 in determining whether they qualify for that scope exception. If they do qualify, freestanding instruments with down round features are no longer classified as liabilities and embedded conversion options with down round features are no longer bifurcated. For entities that present EPS in accordance with Topic 260, and when the down round feature is included in an equity-classified freestanding financial instrument, the value of the effect of the down round feature is treated as a dividend when it is triggered and as a numerator adjustment in the basic EPS calculation. This reflects the occurrence of an economic transfer of value to the holder of the instrument, while alleviating the complexity and income statement volatility associated with fair value measurement on an ongoing basis. Convertible instruments are unaffected by the Topic 260 amendments in this Update. Those amendments in Part 1 of this Update are a cost savings relative to current GAAP. This is because, assuming the required criteria for equity classification in Subtopic 815-40 are met, an entity that issued such an instrument no longer measures the instrument at fair value at each reporting period (in the case of warrants) or separately accounts for a bifurcated derivative (in the case of convertible instruments) on the basis of the existence of a down round feature. For convertible instruments with embedded conversion options that have down round features, applying specialized guidance such as the model for contingent beneficial conversion features rather than bifurcating an embedded derivative also reduces cost and complexity. Under that specialized guidance, the issuer recognizes the intrinsic value of the feature only when the feature becomes beneficial instead of bifurcating the conversion option and measuring it at fair value each reporting period. The amendments in Part II of this Update replace the indefinite deferral of certain guidance in Topic 480 with a scope exception. This has the benefit of improving the readability of the Codification and reducing the complexity associated with navigating the guidance in Topic 480. For public business entities, the amendments in Part I of this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. For all other entities, the amendments in Part I of this Update are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted for all entities, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The amendments in Part 1 of this Update should be applied in either of the following ways: 1. Retrospectively to outstanding financial instruments with a down round feature by means of a cumulative-effect adjustment to the statement of financial position as of the beginning of the first fiscal year and interim period(s) in which the pending content that links to this paragraph is effective; or 2. Retrospectively to outstanding financial instruments with a down round feature for each prior reporting period presented in accordance with the guidance on accounting changes in paragraphs 250-10-45-5 through 45-10. The amendments in Part II of this Update do not require any transition guidance because those amendments do not have an accounting effect.

ENTRY INTO A DEFINITIVE AGREE26

ENTRY INTO A DEFINITIVE AGREEMENT (Tables)	12 Months Ended
	Aug. 31, 2017
Entry Into Definitive Agreement Tables
Fair values of the assets and liabilities assumed at the acquisition date.	The following table summarizes the consideration given for DEPT-UK and the fair values of the assets and liabilities assumed at the acquisition date. Consideration given: Common stock given $ 207 Total consideration given $ 207 Fair value of identifiable assets acquired and liabilities assumed: Inventory $ 731 Notes payable (32,547 ) Accounts payable (6,043 ) Accrued expenses (8,500 ) Total identifiable net liabilities (46,359 ) Goodwill 46,566 Total consideration $ 207

RECEIVABLES (Tables)

RECEIVABLES (Tables)	12 Months Ended
	Aug. 31, 2017
Receivables Tables
Receivables	The receivables are as follows: August 31, August 31, 2017 2016 Trade receivables $ 168,121 $ 270,641 Loan receivable 328,701 109,755 Allowance for doubtful accounts - (11,589 ) Receivables, net $ 496,822 $ 368,807

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Aug. 31, 2017
Inventory Tables
Inventory	The inventory is as follows: August 31, August 31, 2017 2016 Consumable products $ 17,894 $ 8,500 Food and drinks 24,117 22,858 Retail products 5,466 8,965 Total inventory $ 47,477 $ 40,323

FIXED ASSETS (Tables)

FIXED ASSETS (Tables)	12 Months Ended
	Aug. 31, 2017
Fixed Assets Tables
Fixed assets	The fixed assets are as follows: DEPT-UK DEPT-IL Consolidated August 31, August 31, August 31, 2017 2016 2017 2016 2017 2016 Computer equipment $ 62,038 $ 36,839 $ - $ - $ 62,038 $ 36,839 Office equipment 22,526 22,972 - - 22,526 22,972 Site equipment and machinery 366,661 198,532 - - 366,661 198,532 Site fit out costs 1,588,480 707,678 17,587 - 1,606,067 707,678 Site furniture, fixtures and fittings 236,384 160,072 588 - 236,972 160,072 Total fixed assets 2,276,089 1,126,093 18,175 - 2,294,264 1,126,093 Less: Accumulated depreciation 622,088 451,466 - - 622,088 451,466 Fixed assets, net $ 1,654,001 $ 674,627 $ 18,175 $ - $ 1,672,176 $ 674,627

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	12 Months Ended
	Aug. 31, 2017
Intangible Assets Tables
Intangible assets	The intangible assets are as follows: August 31, August 31, 2017 2016 Website development $ 29,428 $ 21,088 Total intangible assets 29,428 21,088 Less: Accumulated amortization 19,294 12,023 Intangible assets, net $ 10,134 $ 9,065
Schedule of Finite Lived Intangible Assets Future Amortization Expense	Amortization, based on the currency translation calculation as of the date of this report, for the next five years, is as follows: 2018 $ 9,835 2019 299 2020 - 2021 - 2022 - Total $ 10,134

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	12 Months Ended
	Aug. 31, 2017
Notes Payable Tables
Notes payable	The Company has notes payable as of August 31, 2017 and 2016 are as follows: Notes payable - current August 31, 2017 August 31, 2016 Accrued Accrued Principal Interest Total Principal Interest Total Arch Investments (1) $ 2,194 $ - $ 2,194 $ - $ - $ - Arch Investments (1) 5,067 - 5,067 - - - Arch Investments (1) 5,065 - 5,065 - - - Arch Investments (1) 15,873 - 15,873 - - - Arch Investments (1) 4,349 - 4,349 - - - HSBC 106,871 - 106,871 18,368 - 18,368 Total $ 139,419 $ - $ 139,419 $ 18,368 $ - $ 18,368 ________________ (1) The balance for August 31, 2016 of $32,548 is not reflected on the balance sheet due to the reverse merger. The Company assumed this liability as a condition of the reverse merger. Notes payable - non-current August 31, 2017 August 31, 2016 Accrued Accrued Principal Interest Total Principal Interest Total Deij Capital Limited $ 70,079 $ - $ 70,079 $ 39,540 $ - $ 39,540 HSBC 302,847 - 302,847 170,257 - 170,257 Total $ 372,926 $ - $ 372,926 $ 209,797 $ - $ 209,797

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Aug. 31, 2017
Commitments And Contingencies Tables
Future minimum lease payments	Future minimum lease payments under leases due to the acquisition of DEPT-UK (see Note 2) and the expansion in the US, are as follows: 2018 $ 775,726 2019 775,490 2020 778,760 2021 746,502 2022 532,555 Future 1,241,852 Total $ 4,850,885

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Aug. 31, 2017
Income Tax Tables
Federal income tax	The Company’s tax expense differs from the “expected” tax expense for Federal income tax purposes (computed by applying the United States Federal tax rate of 34% to loss before taxes), as follows: For the Years Ended August 31, 2017 2016 Tax expense (benefit) at the statutory rate Federal $ (45,553 ) $ - Non-U.S. (367,468 ) 9,291 State income taxes, net of federal income tax benefit (3,606 ) - Non-deductible items - Federal 15,832 - Non-U.S. 367,468 (9,291 ) Change in valuation allowance 33,327 - Total $ - $ -
Schedule of Deferred Tax Assets And Liabilities	The tax effect of significant components of the Company’s deferred tax assets and liabilities at August 31, 2017 and 2016, respectively, are as follows: August 31, 2017 2016 Deferred tax assets: Net operating loss carryforward $ 30,140 $ - Less: Deferred tax asset valuation allowance (30,140 ) - Total net deferred taxes $ - $ -

REVENUE CLASSES (Tables)

REVENUE CLASSES (Tables)	12 Months Ended
	Aug. 31, 2017
Revenue Classes Tables
Operating revenue classes	Selected financial information for the Company’s operating revenue classes for the years ended August 31, 2017 and 2016, are as follows: Revenues: For the year ended For the year ended August 31, 2017 August 31, 2016 Coffee and complementary food products $ 3,669,307 £ 2,805,418 $ 3,409,213 £ 2,375,245 Coffee school $ 12,425 £ 9,500 $ 20,357 £ 14,183 Management fees $ 498,751 £ 381,327 $ 439,947 £ 306,517 Hot sauce (a) $ - £ 0 $ - £ 0 Total $ 4,180,483 £ 3,196,245 $ 3,869,517 £ 2,695,945 (a) For the year ended August 31, 2016, due to the reverse merger on September 1, 2016, are not reflective on this table. Direct costs of revenue: For the year ended For the year ended August 31, 2017 August 31, 2016 Coffee and complementary food products $ 3,479,372 £ 2,660,202 $ 2,316,912 £ 1,619,427 Coffee school $ 1,319 £ 1,008 $ 2,061 £ 1,388 Management fees $ 152,900 £ 116,902 $ 139,268 £ 93,781 Hot sauce (a) $ - £ 0 $ - £ 0 Total $ 3,633,591 £ 2,778,112 $ 2,458,240 £ 1,714,595 (a) For the year ended August 31, 2016, due to the reverse merger on September 1, 2016, are not reflective on this table.

CAPITAL LEASE OBLIGATIONS (Tabl

CAPITAL LEASE OBLIGATIONS (Tables)	12 Months Ended
	Aug. 31, 2017
Capital Lease Obligations Tables
Capital lease obligations	DEPT-UK August 31, 2017 2016 Computer equipment $ 57,128 $ 36,839 Office equipment 20,420 22,972 Site equipment and machinery 355,914 198,532 Site furniture, fixtures and fittings 233,669 160,072 Total fixed assets 667,131 418,415 Less: Accumulated depreciation 240,246 180,874 Fixed assets, net $ 426,885 $ 237,541
Capital lease obligations future minimum payment	Aggregate future minimum rentals under capital leases are as follows: Year ended August 31, 2018 $ 116,146 2019 88,906 2020 65,083 2021 50,564 2022 13,543 Total 334,242 Less: Interest 15,157 Present value of minimum lease payments 319,085 Less: Current portion of capital lease obligations 116,146 Capital lease obligations, net of current portion $ 202,939

NATURE OF OPERATIONS AND SUMM36

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Jul. 08, 2016	Aug. 31, 2015
State of incorporation	State of Nevada
Date of incorporation	Jul. 22, 2014
Restricted common stock, shares			115,000,000
Restricted common stock, value			$ 200,000
Restricted common stock percentage of total shares			75.80%
Advertising expense	$ 39,628	$ 27,395
Exchange rate	the exchange rate between U.S. Dollars and British Pounds was US$1.2886604425 = £1.00, and the weighted average exchange rate for the year ended August 31, 2017 was US$1.3079355980 = £1.00. As of August 31, 2016, the exchange rate between U.S. Dollars and British Pounds was US$1.318 = £1.00.
Net income (loss)	$ (1,425,846)	27,325
Working capital deficit	(770,349)
Accumulated deficit	(2,766,367)	(1,340,521)
Shareholders' equity	461,970	550,063		$ (726,175)
Cash used in operating activities	$ 731,424	$ 173,902
Computer Equipment [Member]
Estimated useful lives of assets	3 years
Office Equipment [Member]
Estimated useful lives of assets	5 years
Sep. 1, 2016 [Member]
Promissory note issued	$ 320,000
Shares acquired for cancellation	115,000,000
Allesch-Taylor [Member] | Sep. 1, 2016 [Member]
Restricted common stock, shares	170,000,000
Business Acquisition, Percentage of Voting Interests Acquired	99.80%
Initially shares	110,000,000
Common stock shares reserved for future issuance	60,000,000
Coffee and Social Affairs Limited [Member] | Sep. 1, 2016 [Member]
Business Acquisition, Percentage of Voting Interests Acquired	99.80%

ENTRY INTO A DEFINITIVE AGREE37

ENTRY INTO A DEFINITIVE AGREEMENT (Details)	Aug. 31, 2017USD ($)
Consideration given
Common stock given	$ 207
Total consideration given	207
Fair value of identifiable assets acquired and liabilities assumed
Inventory	731
Notes payable	(32,547)
Accounts payable	(6,043)
Accrued expenses	(8,500)
Total identifiable net liabilities	(46,359)
Goodwill	46,566
Total consideration	$ 207

ENTRY INTO A DEFINITIVE AGREE38

ENTRY INTO A DEFINITIVE AGREEMENT (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016	Jul. 08, 2016
Impairment expense	$ 46,566
Restricted common stock, shares			115,000,000
Restricted common stock, value			$ 200,000
Restricted common stock percentage of total shares			75.80%
Allesch-Taylor [Member] | Sep. 1, 2016 [Member]
Restricted common stock, shares	170,000,000
Business Acquisition, Percentage of Voting Interests Acquired	99.80%
Initially shares	110,000,000
Common stock shares reserved for future issuance	60,000,000
Allesch-Taylor [Member] | April 6, 2017 [Member]
Shares issued	2,936,000
Shares issuable	57,064,000

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details Narrative) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Inventory	$ 47,477	$ 40,323
Discontinued Operations [Member]
Inventory	$ 731

RECEIVABLES (Details)

RECEIVABLES (Details) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Receivables Details
Trade receivables	$ 168,121	$ 270,641
Loan receivable	328,701	109,755
Allowance for doubtful accounts		(11,589)
Receivables, net	$ 496,822	$ 368,807

RECEIVABLES (Details Narrative)

RECEIVABLES (Details Narrative) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Receivables Details Narrative
Receivables, net	$ 496,822	$ 368,807

INVENTORY (Details)

INVENTORY (Details) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Total inventory	$ 47,477	$ 40,323
Consumable products [Member]
Total inventory	17,894	8,500
Food and drinks [Member]
Total inventory	24,117	22,858
Retail products [Member]
Total inventory	$ 5,466	$ 8,965

INVENTORY (Details Narrative)

INVENTORY (Details Narrative)	Aug. 31, 2017USD ($)Integer	Aug. 31, 2016USD ($)
Total inventory | $	$ 47,477	$ 40,323
No. of cases | Integer	49
No. of bottles per case | Integer	12
Coffee segment [Member]
Total inventory | $	$ 47,477	$ 40,323

FIXED ASSETS (Details)

FIXED ASSETS (Details) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Total fixed assets	$ 2,294,264	$ 1,126,093
Less: Accumulated depreciation	622,088	451,466
Fixed assets, net	1,672,176	674,627
DEPT-UK [Member]
Total fixed assets	2,276,089	1,126,093
Less: Accumulated depreciation	622,088	451,466
Fixed assets, net	1,654,001	674,627
DEPT-IL [Member]
Total fixed assets	18,175
Less: Accumulated depreciation
Fixed assets, net	18,175
Computer Equipment [Member]
Total fixed assets	62,038	36,839
Computer Equipment [Member] | DEPT-UK [Member]
Total fixed assets	62,038	36,839
Computer Equipment [Member] | DEPT-IL [Member]
Total fixed assets
Office Equipment [Member]
Total fixed assets	22,526	22,972
Office Equipment [Member] | DEPT-UK [Member]
Total fixed assets	22,526	22,972
Office Equipment [Member] | DEPT-IL [Member]
Total fixed assets
Site equipment and machinery [Member]
Total fixed assets	366,661	198,532
Site equipment and machinery [Member] | DEPT-UK [Member]
Total fixed assets	366,661	198,532
Site equipment and machinery [Member] | DEPT-IL [Member]
Total fixed assets
Site fit out costs [Member]
Total fixed assets	1,606,067	707,678
Site fit out costs [Member] | DEPT-UK [Member]
Total fixed assets	1,588,480	707,678
Site fit out costs [Member] | DEPT-IL [Member]
Total fixed assets	17,587
Site furniture, fixtures and fittings [Member]
Total fixed assets	236,972	160,072
Site furniture, fixtures and fittings [Member] | DEPT-UK [Member]
Total fixed assets	236,384	160,072
Site furniture, fixtures and fittings [Member] | DEPT-IL [Member]
Total fixed assets	$ 588

FIXED ASSETS (Details Narrative

FIXED ASSETS (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Fixed Assets Tables
Total fixed assets	$ 2,294,264	$ 1,126,093
Less: Accumulated depreciation	622,088	451,466
Fixed assets, net	1,672,176	674,627
Depreciation expense	$ 183,374	$ 139,837

INTANGIBLE ASSETS (Details)

INTANGIBLE ASSETS (Details) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Total intangible assets	$ 29,428	$ 21,088
Less: Accumulated amortization	19,294	12,023
Intangible assets, net	10,134	9,065
Website development [Member]
Total intangible assets	$ 29,428	$ 21,088

INTANGIBLE ASSETS (Details 1)

INTANGIBLE ASSETS (Details 1)	Aug. 31, 2017USD ($)
Intangible Assets Details 1
2,018	$ 9,835
2,019	299
2,020
2,021
2,022
Total	$ 10,134

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Intangible Assets Tables
Intangible assets, net	$ 10,134	$ 9,065
Amortization expense	$ 7,271	$ 9,751

INVESTMENTS (Details Narrative)

INVESTMENTS (Details Narrative)	Aug. 31, 2017USD ($)	Jan. 12, 2017GBP (£)	Aug. 31, 2016USD ($)	Aug. 31, 2015GBP (£)
Investments Details Narrative
Impaired investments				£ 4,000
Investments	$ 1,289	£ 5,000	$ 1,318
Ownership of Radio Station Percentage		5.00%

NOTES PAYABLE (Details)

NOTES PAYABLE (Details) - USD ($)		12 Months Ended
		Aug. 31, 2017	Aug. 31, 2016
Arch Investments [Member]
Principal	[1]	$ 2,194
Accrued Interest	[1]
Total	[1]	2,194
Arch Investments One [Member]
Principal	[1]	5,067
Accrued Interest	[1]
Total	[1]	5,067
Arch Investments Two [Member]
Principal	[1]	5,065
Accrued Interest	[1]
Total	[1]	5,065
Arch Investments Three [Member]
Principal	[1]	15,873
Accrued Interest	[1]
Total	[1]	15,873
Arch Investments Four [Member]
Principal	[1]	4,349
Accrued Interest	[1]
Total	[1]	4,349
HSBC [Member]
Principal		106,871	18,368
Accrued Interest
Total		106,871	18,368
Current [Member]
Principal		139,419	18,368
Accrued Interest
Total		$ 139,419	$ 18,368
[1]	The balance for August 31, 2016 of $32,548 is not reflected on the balance sheet due to the reverse merger. The Company assumed this liability as a condition of the reverse merger.

NOTES PAYABLE (Details 1)

NOTES PAYABLE (Details 1) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Deij Capital [Member]
Principal	$ 70,079	$ 39,540
Accrued Interest
Total	70,079	39,540
HSBC [Member]
Principal	302,847	170,257
Accrued Interest
Total	302,874	170,257
Non current [Member]
Principal	372,926	209,797
Accrued Interest
Total	$ 372,926	$ 209,797

NOTES PAYABLE (Details Narrativ

NOTES PAYABLE (Details Narrative) - USD ($)	Jul. 01, 2014	Feb. 01, 2010	Jul. 28, 2016	Aug. 31, 2017	May 31, 2017	Jan. 31, 2017	Nov. 30, 2016	Sep. 30, 2016	Aug. 31, 2016	Jun. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jul. 31, 2014
Accrued interest				$ 59,561					$ 95,226
Notes payable - current				139,419					18,368
Notes payable - non current				372,926					209,797
Deij Capital [Member]
Debt amount	$ 171,437
Debt Instrument, Term	3 years
Balance due converted into shares					$ 63,990		$ 13,422			$ 179,534
Converted shares					51,500		10,750			135,464
Interest rate	0.00%
Outstanding principal				70,079					39,540
Accrued interest				$ 0					0
Sep. 1, 2016 [Member]
Acquired shares				110,000,000
Atlantik [Member]
Balance due converted into shares										$ 255,450
Converted shares										192,745
Atlantik [Member] | Sep. 1, 2016 [Member]
Debt amount				$ 320,000
Common shares acquired				115,000,000
Atlantik [Member] | Transaction Two [Member]
Repayment of principal				$ 300,000
Atlantik [Member] | Transaction One [Member]
Repayment of principal								$ 20,000
Nami Shams [Member]
Debt amount															$ 2,194
Outstanding principal				2,194					2,194
HSBC [Member]
Debt amount			$ 437,992
Debt Instrument, Term			4 years
Interest rate			4.50%
Outstanding principal				409,718					170,257
Initially drawn			$ 115,767
Temporary loan									18,368
Notes payable - current				106,871
Notes payable - non current				302,847
Nami Shams Four [Member]
Debt amount						$ 4,349					$ 4,349
Outstanding principal				4,349					4,349
Nami Shams Three [Member]
Debt amount												$ 15,873
Outstanding principal				15,873					15,873
Nami Shams Two [Member]
Debt amount													$ 5,065
Outstanding principal				5,065					5,065
Nami Shams One [Member]
Debt amount														$ 5,067
Outstanding principal				5,067					5,067
ICC [Member]
Debt amount		$ 1,353,645
Debt Instrument, Term		7 years
Balance due converted into shares										$ 719,143
Converted shares										542,617
Outstanding principal				$ 0					$ 0

RELATED PARTIES TRANSACTIONS (D

RELATED PARTIES TRANSACTIONS (Details Narrative)	Jul. 01, 2014USD ($)	Feb. 01, 2010USD ($)	Aug. 31, 2017USD ($)$ / sharesshares	Aug. 31, 2017GBP (£)	Aug. 31, 2016USD ($)$ / sharesshares	Aug. 31, 2016GBP (£)	May 31, 2017USD ($)shares	Feb. 28, 2017USD ($)shares	Jan. 31, 2017USD ($)	Jan. 25, 2017USD ($)shares	Jan. 23, 2017USD ($)shares	Jan. 12, 2017GBP (£)	Nov. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2016USD ($)	Jul. 08, 2016USD ($)shares	Jun. 30, 2016USD ($)shares	Jan. 31, 2016USD ($)	Oct. 31, 2015USD ($)	Aug. 31, 2015GBP (£)	Jul. 31, 2015USD ($)	Apr. 30, 2015USD ($)	Mar. 26, 2015$ / shares	Jul. 31, 2014USD ($)
Accrued interest			$ 59,561		$ 95,226
Common stock, shares issued | shares			150,036,000		0
Common stock, par value | $ / shares			$ 0.001		$ 0.001																	$ 0.001
Impaired investments | £																			£ 4,000
Investments			$ 1,289		$ 1,318							£ 5,000
Accounts payable			849,642		610,101
Bad debt expense			423,680
Net receivable and payable expense			417,436
Cash advances receivable			328,703
Allesch-Taylor [Member]
Balance due converted into shares			$ 298,969				$ 257,997			$ 6,310	$ 374,479
Converted shares | shares			232,000				200,000			5,000	300,000
Remaining balance for promissory note													$ 300,000
Common stock, shares issued | shares													300,000
Common stock, par value | $ / shares													$ 1
The Roastery Department [Member]
Sales			$ 530,780		328,924
Purchases of cakes, value | £				£ 217,418		£ 123,705
Nami Shams [Member]
Debt amount																							$ 2,194
Outstanding principal			2,194		2,194
Forgiveness of Debt																$ 6,302
Total purchase price															$ 200,000
Common shares sale | shares															115,000,000
Holding percentage															75.80%
Atlantik [Member]
Balance due converted into shares																$ 255,450
Converted shares | shares																192,745
Atlantik [Member] | Transaction One [Member]
Repayment of principal														$ 20,000
Atlantik [Member] | Transaction Two [Member]
Repayment of principal			300,000
Nami Shams Four [Member]
Debt amount									$ 4,349								$ 4,349
Outstanding principal			4,349		4,349
Nami Shams Three [Member]
Debt amount																		$ 15,873
Outstanding principal			15,873		15,873
Nami Shams Two [Member]
Debt amount																				$ 5,065
Outstanding principal			5,065		5,065
Nami Shams One [Member]
Debt amount																					$ 5,067
Outstanding principal			$ 5,067		5,067
Sep. 1, 2016 [Member]
Acquired shares | shares			110,000,000
Additionally shares for directors | shares			60,000,000
Sep. 1, 2016 [Member] | Atlantik [Member]
Debt amount			$ 320,000
Common stock, par value | $ / shares			$ 0.0027
Common shares acquired | shares			115,000,000
Allesch-Taylor [Member] | April 6, 2017 [Member]
Additionally shares for directors | shares			8,976,875
Approval for shares issuance | shares			2,936,000
Allesch-Taylor [Member] | Sep. 1, 2016 [Member]
Common stock, par value | $ / shares			$ 0.0027
Agreed valuation | $ / shares			$ 1
ICC [Member]
Debt amount		$ 1,353,645
Debt Instrument, Term		7 years
Balance due converted into shares																$ 719,143
Converted shares | shares																542,617
Outstanding principal			$ 0		0
Dee light [Member]
Purchases of cakes, value			$ 194,352		132,508
Ownership percentage			50.00%
Due to related party			$ 70,165		56,102
Deij Capital [Member]
Debt amount	$ 171,437
Debt Instrument, Term	3 years
Balance due converted into shares							$ 63,990						$ 13,422			$ 179,534
Converted shares | shares							51,500						10,750			135,464
Interest rate	0.00%
Outstanding principal			70,079		39,540
Accrued interest			0		0
Facility loan	$ 171,437
Accounts payable			12,045		5,390
Deij Capital [Member] | Director and Owner [Member]
Payables to related party			70,079		39,540
Roastery Department [Member]
Receivables to related party			1,198,811		1,198,811
Payables to related party			452,674		452,674
Lopez [Member] | Chief Executive Officer [Member]
Payables to related party			893		2,985
Allesch-Taylor [Member] | Chairman [Member]
Payables to related party			$ 41,174		$ 0
Deij Capital One [Member]
Balance due converted into shares								$ 63,990
Converted shares | shares								51,500

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative)	12 Months Ended
	Aug. 31, 2017USD ($)$ / sharesshares	Aug. 31, 2017£ / shares	May 31, 2017USD ($)shares	Feb. 28, 2017USD ($)shares	Jan. 25, 2017USD ($)shares	Jan. 23, 2017USD ($)shares	Jan. 12, 2017GBP (£)	Nov. 30, 2016USD ($)$ / sharesshares	Aug. 31, 2016USD ($)$ / sharesshares	Aug. 31, 2016£ / shares	Jul. 08, 2016USD ($)shares	Jun. 30, 2016USD ($)shares	Aug. 31, 2015GBP (£)	Mar. 26, 2015$ / sharesshares	Jul. 01, 2014USD ($)	Feb. 01, 2010USD ($)
Common stock, shares authorized	250,000,000								250,000,000					75,000,000
Common stock, par value | $ / shares	$ 0.001								$ 0.001					$ 0.001
Change in authorized common stock														250,000,000
Common stock, shares issued	150,036,000								0
Restricted common stock, shares											115,000,000
Restricted common stock, value | $											$ 200,000
Restricted common stock percentage of total shares											75.80%
Preference shares, shares authorized	25,000,000								25,000,000
Preference shares, par value | £ / shares		£ 1								£ 1
Investments	$ 1,289						£ 5,000		$ 1,318
Impaired investments | £													£ 4,000
Sep. 1, 2016 [Member]
Acquired shares	110,000,000
Additionally shares for directors	60,000,000
Sep. 1, 2016 [Member] | Allesch-Taylor [Member]
Common stock, par value | $ / shares	$ 0.0027
Restricted common stock, shares	170,000,000
Common stock shares reserved for future issuance	60,000,000
April 6, 2017 [Member] | Allesch-Taylor [Member]
Additionally shares for directors	8,976,875
Shares issued	2,936,000
Shares issuable	57,064,000
Approval for shares issuance	2,936,000
Deij Capital [Member]
Debt amount | $															$ 171,437
Balance due converted into shares | $			$ 63,990					$ 13,422				$ 179,534
Converted shares			51,500					10,750				135,464
Deij Capital [Member]
Balance due converted into shares | $				$ 36,300
Converted shares				29,250
Allesch-Taylor [Member]
Common stock, par value | $ / shares								$ 1
Stockholders' Equity Note, Stock Split	Weighted average number of shares outstanding prior to the 115:1 forward split have been adjusted to reflect the stock split on a retroactive basis unless otherwise noted
Remaining balance for promissory note | $								$ 300,000
Common stock, shares issued								300,000
Balance due converted into shares | $	$ 298,969		$ 257,997		$ 6,310	$ 374,479
Converted shares	232,000		200,000		5,000	300,000
Common stock shares reserved for future issuance	60,000,000
ICC [Member]
Debt amount | $																$ 1,353,645
Balance due converted into shares | $												$ 719,143
Converted shares												542,617
Atlantik [Member]
Balance due converted into shares | $												$ 255,450
Converted shares												192,745
Atlantik [Member] | Sep. 1, 2016 [Member]
Debt amount | $	$ 320,000
Common shares acquired	115,000,000
Common stock, par value | $ / shares	$ 0.0027

COMMITMENTS AND CONTINGENCIES55

COMMITMENTS AND CONTINGENCIES (Details)	Aug. 31, 2017USD ($)
Commitments And Contingencies Details
2,018	$ 775,726
2,019	775,490
2,020	778,760
2,021	746,502
2,022	532,555
Future	1,241,852
Total	$ 4,850,885

COMMITMENTS AND CONTINGENCIES56

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Commitments And Contingencies Details
Rent expense	$ 463,655	$ 418,193

INCOME TAX (Details)

INCOME TAX (Details) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Tax expense (benefit) at the statutory rate
Federal	$ (45,553)
Non-U.S.	(367,468)	9,291
State income taxes, net of federal income tax benefit	(3,606)
Non-deductible items
Federal	15,832
Non-U.S.	367,468	(9,291)
Change in valuation allowance	33,327
Total

INCOME TAX (Details 1)

INCOME TAX (Details 1) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Deferred tax assets:
Net operating loss carryforward	$ 30,140
Less: Deferred tax asset valuation allowance	(30,140)
Total net deferred taxes

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Income Taxes Details Narrative
Deferred tax assets valuation allowance	$ 30,140
Expiry Date	2,036
Net operating loss carryforward	$ 88,646	$ 0
Valuation allowance	100.00%
Federal income tax rate	34.00%

CONCENTRATIONS (Details Narrati

CONCENTRATIONS (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2017	Aug. 31, 2016
Concentrations Details Narrative
Sales revenue	$ 557,416	$ 451,261
Sale revenue, percentage	13.30%	16.70%
Contract expiry date	Feb. 28, 2020

REVENUE CLASSES (Details)

REVENUE CLASSES (Details) - USD ($)		12 Months Ended
		Aug. 31, 2017	Aug. 31, 2016
Revenues		$ 4,180,483	$ 3,869,517
Direct costs of revenue		3,633,591	2,458,240
Coffee and complementary food products [Member]
Revenues		3,669,307	3,409,213
Direct costs of revenue		3,479,372	2,316,912
Coffee school [Member]
Revenues		12,425	20,357
Direct costs of revenue		1,319	2,061
Management fees [Member]
Revenues		498,751	439,947
Direct costs of revenue		152,900	139,268
Hot sauce (a) [Member]
Revenues	[1]
Direct costs of revenue	[1]
[1]	For the year ended August 31, 2016, due to the reverse merger on September 1, 2016, are not reflective on this table.

MINORITY INTEREST (Details Narr

MINORITY INTEREST (Details Narrative) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Minority interest	$ 2,142,804
DEPT-UK [Member]
Minority interest	$ 1,230	$ 55
Minority interest rate	0.20%

CAPITAL LEASE OBLIGATIONS (Deta

CAPITAL LEASE OBLIGATIONS (Details) - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Total fixed assets	$ 2,294,264	$ 1,126,093
Less: Accumulated depreciation	622,088	451,466
Fixed assets, net	1,672,176	674,627
Computer Equipment [Member]
Total fixed assets	62,038	36,839
Office Equipment [Member]
Total fixed assets	22,526	22,972
Site equipment and machinery [Member]
Total fixed assets	366,661	198,532
Site furniture, fixtures and fittings [Member]
Total fixed assets	236,972	160,072
Capital Lease Obligations [Member]
Total fixed assets	667,131	418,415
Less: Accumulated depreciation	240,246	180,874
Fixed assets, net	426,885	237,541
Capital Lease Obligations [Member] | Computer Equipment [Member]
Total fixed assets	57,128	36,839
Capital Lease Obligations [Member] | Office Equipment [Member]
Total fixed assets	20,420	22,972
Capital Lease Obligations [Member] | Site equipment and machinery [Member]
Total fixed assets	355,914	198,532
Capital Lease Obligations [Member] | Site furniture, fixtures and fittings [Member]
Total fixed assets	$ 233,669	$ 160,072

CAPITAL LEASE OBLIGATIONS (De64

CAPITAL LEASE OBLIGATIONS (Details 1)	Aug. 31, 2017USD ($)
Year ended August 31,
2,018	$ 116,146
2,019	88,906
2,020	65,083
2,021	50,564
2,022	13,543
Total	334,242
Less: Interest	15,157
Present value of minimum lease payments	319,085
Less: Current portion of capital lease obligations	116,146
Capital lease obligations, net of current portion	$ 202,939

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - shares	Oct. 06, 2017	Oct. 30, 2017	Aug. 31, 2017	Nov. 30, 2016	Aug. 31, 2016
Common stock, shares issued			150,036,000		0
Allesch-Taylor [Member]
Common stock, shares issued				300,000
Common stock shares reserved for future issuance			60,000,000
Subsequent Event [Member] | Allesch-Taylor [Member]
Common stock, shares issued	8,976,875	1,000,000
Common stock shares reserved for future issuance	48,087,125	47,087,125
Description for common stock shares issuable	After this issuance, of the original 60,000,000 shares issuable, 48,087,125 remain issuable by no later than August 31, 2018	After this issuance, of the second tranche of 60,000,000 shares issuable to Allesch-Taylor pursuant to the acquisition terms, 47,087,125 remain issuable to him by no later than August 31, 2018