Digital Brand Media & Marketing Group, Inc.DBMM
| Aug 31,
2017 | Aug 31,
2018 | Aug 31,
2019 | Aug 31,
2020 | Aug 31,
2021 | Aug 31,
2022 |
|---|
| NET LOSS | 564,423 | -456,410 | -676,462 | -655,786 | -701,650 | -626,428 |
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| Depreciation | 216 | 546 | 1,583 | 45 | 558 | - |
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| Change in fair value of derivative liability | - | 16,640 | -48,419 | -944 | 9,170 | 201,239 |
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| Loss (gain) on extinguishment of debt | - | - | - | 10,000 | 169,837 | -82,845 |
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| Accounts receivable | -12,184 | 35,876 | -11,778 | -48,176 | 386 | 7,198 |
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| Accounts payable and accrued expenses | -872 | -674 | 10,947 | 39,388 | 214,790 | 160,626 |
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| Accrued interest | - | 78,233 | 119,268 | 134,698 | 225,773 | 264,924 |
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| Accrued compensation | - | 187,513 | 204,000 | 168,397 | 3,200 | -62,750 |
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| NET CASH USED IN OPERATING ACTIVITIES | 51,718 | -242,298 | -246,952 | -275,603 | -436,722 | -389,220 |
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| Purchase of equipment | - | 1,718 | 1,064 | 521 | - | - |
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| NET CASH USED IN INVESTING ACTIVITIES | -660 | -1,718 | -1,064 | -521 | - | - |
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| Proceeds from loan payable | - | - | 231,424 | 347,728 | 398,497 | 399,202 |
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| Officer loans payable | - | - | 1,534 | 5,000 | 12,240 | -7,601 |
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| Principal repayments loans payable | - | - | - | - | - | 2,712 |
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| NET CASH PROVIDED BY FINANCING ACTIVITIES | - | 188,045 | 232,958 | 280,638 | 410,737 | 0 |
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| HELD IN FOREIGN CURRENCY | - | - | - | - | - | -92 |
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| NET INCREASE/(DECREASE) IN CASH | - | - | -15,058 | 16,898 | -24,674 | -423 |
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| Cash paid for interest | - | - | - | - | - | - |
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| Cash paid for taxes | - | - | - | - | - | - |
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| Issuance of shares pursuant to satisfaction of convertible debt obligations | - | - | 8,400 | - | 258,146 | 64,137 |
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| Reclassification of liability contracts from liability to equity contracts | - | - | - | - | - | 23,189 |
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