Annual report pursuant to Section 13 and 15(d)

Statements of Cash Flows

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Statements of Cash Flows (USD $)
12 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Cash flows from operating activities:    
Net (loss) $ (89,172) $ (89,172)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 38,545 19,481
(Gain) loss on settlement 10,668  
Changes in operating assets and liabilities:    
Accounts receivable 77,939 (99,108)
Prepaid expenses (9,220)   
Accounts payable 239,026 183,293
Accrued interest 12,823 13,012
Net cash provided by operating activities 280,609 (12,995)
Cash flows from investing activities:    
Amortizable overhaul of aircraft (259,392)   
Net cash (used) in investing activities (259,392)   
Cash flows from financing activities:    
Proceeds from loan payable      
Common stock issued for cash    35,000
Net cash provided by financing activities    35,000
Net increase in cash 21,217 22,005
Cash at beginning of period 32,005 10,000
Cash at end of period 53,222 32,005
Supplemental disclosure of cash flow information:    
Cash paid for interest      
Cash paid for taxes