Quarterly report pursuant to Section 13 or 15(d)

Condensed Interim Consolidated Statements of Cash Flows (Unaudited)

v3.8.0.1
Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Cash Flows from Operating Activities    
Net loss $ (363,835) $ (11,528)
Changes in operating assets and liabilities    
Decrease/(increase) in prepaid expenses 14,561 (36,247)
Increase in accounts payable 413,478 30,250
Decrease in accrued liabilities (2,000) (8,400)
Net cash provided by/(used in) operating activities 62,204 (25,925)
Net cash used in Investing Activities,    
Interest income earned on Trust Account (221,638) (73,235)
Interest withdrawn from Trust Account 204,000
Net cash used in investing activities (17,638) (73,235)
Net increase/(decrease) in cash 44,566 (99,160)
Cash at beginning of period 117,205 490,888
Cash at end of period 161,771 391,728
Supplemental disclosure of non-cash investing and financing activities    
Funds from related party promissory notes contributed for extension 167,100
Funds from Phunware promissory note contributed for extension 201,268
Interest contributed for extension $ 34,168