UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

x	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended August 31, 2016
o	TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from [ ] to [ ]
Commission file number 333-199818

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

~~SIRRUS~~For ~~CORP.~~the ~~(Exact~~fiscal ~~name~~year ofended ~~registrant~~August as31, ~~specified in its charter)~~2017

¨	TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ___________

Commission file number 000-55343

Sirrus Corp.

(Exact name of registrant as specified in its charter)

Nevada		81-4158931
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

11340 Lakefield Drive, Suite 200, Johns Creek, GA	~~30097~~	30097
(Address of principal executive offices)	~~(Zip Code)~~	(Zip Code)
Registrant’s telephone number, including area code: (888) 263-7622

Registrant’s telephone number, including area code: (888) 263-7622

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Name of Each Exchange On Which Registered
N/A		N/A

Securities registered pursuant to Section 12(g) of the Act:

~~Common Stock, $0.00001 par value (Title of class)~~N/A

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 the Securities Act.
	Yes o No x
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act
	Yes o No x
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the last 90 days.
	Yes x No o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-K (§229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
	Yes x No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
	o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

(Title of class)

~~Large~~Indicate ~~accelerated~~by ~~filer~~check omark ~~Accelerated~~if ~~filer~~the oregistrant ~~Non~~is a well-~~accelerated~~known ~~filer~~seasoned oissuer, ~~Smaller~~as ~~reporting~~defined ~~company~~in Rule 405 the Securities Act. Yes ¨ No x

Indicate by check mark ~~whether~~if the registrant is anot ~~shell~~required ~~company~~to ~~(as~~file ~~defined~~reports inpursuant ~~Rule~~to ~~12b-2~~Section 13 or Section 15(d) of the ~~Exchange~~ Act). Yes ¨ x No o x

~~The~~Indicate ~~aggregate~~by ~~market~~check ~~value~~mark ofwhether ~~Common~~the ~~Stock~~registrant: ~~held~~(1) byhas ~~non-affiliates~~filed ofall ~~the~~reports ~~Registrant~~required onto ~~February~~be ~~29,~~filed ~~2016~~by ~~was~~Section ~~$Nil~~13 ~~based~~or on15(d) aof ~~$Nil~~the ~~closing~~Securities ~~price~~Exchange Act of ~~such~~1934 ~~common~~during ~~equity,~~the aspreceding of12 ~~the~~months ~~last~~(or ~~business~~for ~~day~~such ofshorter period that the registrant’s ~~most~~was ~~recently~~required ~~completed~~to ~~second~~file ~~fiscal~~such ~~quarter~~reports) and (2) has been subject to such filing requirements for the last 90 days. Yes x No ¨

Indicate by check mark whether the ~~number~~registrant ofhas ~~shares~~submitted ~~outstanding~~electronically ofand ~~each~~posted ofon ~~the~~its ~~registrant’s~~corporate ~~classes~~Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of ~~common~~Regulation ~~stock~~S-K as(§229.405 of this chapter) during the ~~latest~~preceding ~~practicable~~12 ~~date.~~months ~~35,763,339~~(or ~~common~~for ~~shares~~such asshorter ofperiod ~~December~~that ~~13,~~the ~~2016~~registrant was required to submit and post such files). Yes ¨ No x

~~DOCUMENTS~~Indicate ~~INCORPORATED~~by BYcheck ~~REFERENCE:~~mark ~~None~~if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	o		Accelerated filer	o
Non-accelerated filer	o	(Do not check if a smaller reporting company)	Smaller reporting company	x
			Emerging Growth Company	o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ¨ No x

The aggregate market value of Common Stock held by non-affiliates of the Registrant on February 28, 2017 was $861,067 based on a $0.08 average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter (there was no bid or ask price of our common shares during this quarter).

Indicate the number of shares outstanding of each of the registrant’s classes of common stock as of the latest practicable date.

730,533,560 common shares as of December 14, 2017.

DOCUMENTS INCORPORATED BY REFERENCE

None.

TABLE OF CONTENTS

Item 1.	Business	3
Item 1B.	Unresolved Staff Comments	1315
Item 2.	Properties	1315
Item 3.	Legal Proceedings	1315
Item 4.	Mine Safety Disclosures	1315
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	1415
Item 6.	Selected Financial Data	1416
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	1416
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	1820
Item 8.	Financial Statements and Supplementary Data	1820
Item 9.	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure	1921
Item 9A.	Controls and Procedures	1921
Item 9 B.	Other Information	20
Item 9B.	Other Information	21
Item 10.	Directors, Executive Officers and Corporate Governance	2122
Item 11.	Executive Compensation	2324
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	2526
Item 13.	Certain Relationships and Related Transactions, and Director Independence	2627
Item 14.	Principal Accounting Fees and Services	2627
Item 15.	Exhibits, Financial Statement Schedules	2728

PART I

Item 1. Business

Forward Looking Statements

This annual report contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled “Risk Factors” that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles.

In this annual report, unless otherwise specified, all dollar amounts are expressed in United States dollars and all references to “common shares” refer to the common shares in our capital stock.

As used in this current report and unless otherwise indicated, the terms “we”, “us” and “our” mean Sirrus Corp., and our wholly-owned subsidiary, Sirrus Security, Inc., aan ~~Georgia~~Georgian corporation, unless otherwise indicated.

General Overview

We were incorporated under the laws of the State of Nevada on May 7, 2014. Our original business plan was to seek to engage in the designing, marketing and distribution of electronic cigarettes (“e-cigarette”) in East Africa.

On October 14, 2016, the Company, Ahmed Guled (the “Selling Stockholder”) and Linux Labs Technologies, Inc., a Georgia corporation entered into a Stock Purchase Agreement, dated October 14, 2016 ~~(the “Purchase Agreement”)~~. Ms. Sparrow Marcioni and Mr. Steven James share voting and dispositive control over Linux Labs on a 50/50 basis.

Pursuant to the Purchase Agreement, Linux Labs purchased 25 million shares ~~(the “Shares”),~~ of common stock, ~~par value $0.00001 per share (the “Common Stock”),~~ of the Company held by the Selling Stockholder, representing approximately 69.90% of the issued and outstanding shares of the Company's common stock, and the Indebtedness (as defined below) in consideration for an aggregate purchase price of $50,000 ~~(the “Purchase Price”)~~, consisting of $10,000 in cash and $40,000 evidenced by a promissory note, dated October 14, 2016 ~~(the “Note”)~~, in the principal amount of $40,000, bearing interest at the rate of 6% per annum, maturing on April 14, 2017 and secured by the Shares pursuant to a Stock Pledge Agreement, dated October 14, 2016 ~~(the “Stock Pledge Agreement”),~~ between the Linux Labs and the Selling Stockholder ~~(the “Transaction”)~~. Pursuant to the Stock Purchase Agreement, $40,000 of the ~~Purchase~~purchase ~~Price~~price was allocated to the ~~Shares~~shares and $10,000 was allocated to purchase of the Indebtedness.

Pursuant to a Debt Purchase Agreement, dated October 18, 2016, among the Company, Selling Stockholder and Linux Labs, Linux Labs purchased indebtedness owed the Selling Stockholder by the Company ~~in the aggregate amount of $18,963~~.

Upon the consummation of the Stock Purchase Agreement and the transactions contemplated thereby, there was a change in control of the Company.

As3 ofTable ~~October 14, 2016 a change~~ of control of the Company occurred, new management was appointed and on October 18, 2016, the Company established a new wholly owned subsidiary, Sirrus Security Inc., a Georgia corporation. With the change of control and the formation of a wholly-owned subsidiary, the Company will now focus on cyber security.Contents

As of October 14, 2016, a change of control of the Company occurred, new management was appointed and on October 18, 2016, the Company established a new wholly owned subsidiary, Sirrus Security Inc., a Georgia corporation. With the change of control and the formation of a wholly-owned subsidiary, the Company will now focus on cyber security.

On April 26, 2017, Sirrus Security, Inc. (“Sirrus Security”), a Georgia corporation and wholly-owned subsidiary of the Company entered into an Independent Contractor Agreement with American Academy Holdings LLC, a North Carolina limited liability company d/b/a Healthicity (“Healthicity”), pursuant to which Healthcity engaged Sirrus Security to perform the following services to Healthicity and its clients, including, but not limited to the following:

	1.	Penetration Testing: Network Discovery, exploration, vulnerability Assessment & Reporting.
	2.	Risk Analysis: Technical Assessment and configuration review and Security Testing and Evaluation

After the in-depth penetration and risk analysis, Sirrus Security will provide key findings to Healthicity, including a high level overview, an inventory of identified systems, ports, software versions, and vulnerabilities that may pose a risk, and a detailed report containing serious vulnerabilities with impacts, descriptions, and recommendations.

Healthicity may terminate the agreement at any time without cause effective upon five (5) working days' prior written notice to Sirrus Security. In addition, Healthicity may terminate the agreement effective immediately if Sirrus Security is convicted of any crime or offense, fails or refuses to comply with the written policies or reasonable directive of Healthicity, is guilty of serious misconduct in connection with performance hereunder, violates HIPAA Privacy or materially breaches provisions of this agreement.

Under the Agreement, in connection with the services, Sirrus Security will have responsibilities with respect to the Use and/or Disclosure of Protected Health Information (“PHI”) as mandated by the Privacy Standards (45 C.F.R. Parts 160 and 164), Electronic Transactions Standards (45 C.F.R. Parts 160 and 162), and Security Standards (45 C.F.R. Parts 160, 162 and 164) promulgated under the Administrative Simplifications subtitle of the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”) as well as the data breach notification requirements as promulgated under the American Recovery and Reinvestment Act of 2009 (“ARRA”).

The Company is currently evaluating the potential future economic benefit of the agreement and has yet to determine an accurate estimate of future revenues associated with the agreement. No revenues have been earned to date.

The agreement is still in effect as of the date of this filing, and the Company is continuing to work with the partner to complete the expected goals of the agreement.

On May 8, 2017, Sirrus Security, entered into a Strategic Partnership Agreement with RelifyTime, LLC, a Nevada limited liability company ("Relify"), pursuant to which Relify has engaged Sirrus Security to develop and design a software applications program and hosting platform to be known as "Relify Time".

As consideration for the development and use of the product, Relify has agreed to pay Sirrus Security a royalty fee in an amount equal to 40% of the gross profit (gross sales less cost of goods sold), commencing on the date when Relify first sells licensed services incorporating the Product until an aggregate of $500,000 has been paid to Sirrus Security.

During the royalty period, Sirrus Security will provide maintenance and support for product. Any support and maintenance services, updates, versions or new releases after the expiration of the royalty period shall be contracted under a separate agreement between the parties to be executed no later than 30 days prior to the end of the royalty period.

At any time during the term of the agreement and up to one year thereafter, if Relify decides to sell the product to a third party, Sirrus Security will have a 30-day right of first refusal to acquire the product from Relify. At any time during the term of the agreement and one year thereafter, Relify shall grant Sirrus Security the right of first refusal for any financing transaction, expiring 14 days after notice is given.

Upon the completion of the royalty period, all intellectual property rights developed by Sirrus Security in connection with the provision of the services to Relify under the Agreement, or jointly by Sirrus Security or Relify, or by Sirrus Security pursuant to the specifications or instructions provided by Relify, shall belong exclusively to Relify. All pre-existing intellectual property rights shall remain the sole property of Sirrus Security. Notwithstanding anything contained in the Agreement, Sirrus Security shall be free to use any ideas, concepts, or know-how developed or acquired by Sirrus Security during the performance of the agreement to the extent obtained and retained by Sirrus Security’ personnel.

The agreement is still in effect as of August 31, 2017, and the Company is continuing to work with the partner to complete the expected goals of the agreement.

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The term of the agreement continues until the completion of the Royalty Period. The agreement may be terminated by either party upon written notice to the other, if the other party breaches any material obligation under the agreement and fails to cure such breach within 30 days of receiving notification. In the case of a termination of the agreement, Relify has agreed to pay Sirrus Security for all services rendered and work performed up to the effective date of the termination.

The agreement also contains customary indemnification and confidentiality provisions. Neither party may assign its rights or obligations under the agreement without the prior written consent of the other party.

We have not declared bankruptcy, been involved in receivership or any similar proceeding.

Our office is located at 11340 Lakefield Drive, Suite 200, Johns Creek GA 30097 and our telephone number is (888) 263-7622. Our registered statutory office is located at 711 S. Carson Street, Suite 6, Carson City, Nevada 89701, (775) 882-4641. We do not own any property.

~~Our~~Description ~~Current~~of Business

We are a start-up company incorporated in the State of Nevada on May 7, 2014. Our previous business was to seek to engage in the designing, marketing and distribution of electronic cigarettes (“e-cigarette”) in East Africa.

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As of October 14, 2016 a change of control of the Company occurred, the Company now focuses on cyber security.

The internet and digital cyber world are dramatically transforming the way individual organizations use and interact with data. Cyber risk is only increasing.

Sirrus provides security technology products and services to help companies protect their assets and information. Sirrus is primarily focused on providing services to healthcare companies in the United States, which are required to be in compliance with government regulations such as Health Insurance Portability and Accountability Act ("HIPAA").

Our solutions provide organizations with various capabilities to search, analyze, and collect data and remediate problems. We are transitioning our business direction to enable Sirrus to become an industry leader in cyber security.

Mission Statement

Sirrus is on a mission to deliver impeccable cyber security solutions to its customers.

We are living in a world that has evolved and embraced the integration of technology in nearly every aspect of our daily lives. What this means is that companies that are facilitating our lifestyles are coming into possession of sensitive, personal and classified data. As technology evolves so do the hackers and their attacks which are becoming more sophisticated by the day. Organizations that previously required either no data protection or just very little of it are now facing the task of adapting and fighting off these attacks in order to ensure the security of all the data they collect and hold.

The Sirrus mission was crafted around a goal to assist clients and partners with navigating the exceedingly complex issues of corporate security through comprehensive penetration testing and network scanning, followed by design and implementation, utilizing their proprietary products and services.

Sirrus has developed their security solutions to be unintimidating, reasonably priced and most are offered as fully managed services including real-time monitoring with regularly scheduled security scans to ensure the integrity of their client’s security protocols.

Sirrus has no sales to date in the cyber security market but is focused on launching their services and products in the near future and around their strategy of rapidly building and launching new security technology.

Sirrus will be generating sales as it works closely with organizations called managed security providers (“MSP’s”) and security consultants as their distribution and sales component.

~~Our~~5 ~~Core~~Table ~~Business~~of ~~- Cyber Security Services For The Healthcare Industry~~ Contents

Our Core Business - Cyber Security Services for the Healthcare Industry

Sirrus is primarily focused on providing services to healthcare companies in the United States, which are required to be in compliance with government regulations such as HIPAA.

The Health Insurance Portability and Accountability Act, sets the standard for protecting sensitive patient data. Any company that deals with protected health information (PHI) must ensure that all the required physical, network, and process security measures are in place and followed.

The Following is an overview of the security rule of HIPAA:

On September 23, 2013, all companies that provide medical services and those vendors who support will be required to comply with the HIPAA established “Security Rule” to protect electronic files (e-PHI). Some of the requirements for maintaining HIPPA compliance include:

	·	Annual Risk Analysis
	·	Maintaining log files for all access to e-PHI documents
	·	Maintain continuous, reasonable, and appropriate security protections
	·	Evaluate the likelihood and impact of potential risks to e-PHI
		(See Section 1A for definitions of HIPAA Security Rule.)

HIPAA Background:

Section 1-A) Defining the HIPPA “Security Rule”

The Security Rule requires covered entities to maintain reasonable and appropriate administrative, technical, and physical safeguards for protecting e-PHI.

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Specifically, covered entities must:

	1.	Ensure the confidentiality, integrity, and availability of all e-PHI they create, receive, maintain or transmit;
	2.	Identify and protect against reasonably anticipated threats to the security or integrity of the information;
	3.	Protect against reasonably anticipated, impermissible uses or disclosures; and
	4.	Ensure compliance by their workforce.

The Security Rule defines “confidentiality” to mean that e-PHI is not available or disclosed to unauthorized persons. The Security Rule's confidentiality requirements support the Privacy Rule's prohibitions against improper uses and disclosures of PHI. The Security rule also promotes the two additional goals of maintaining the integrity and availability of e-PHI. Under the Security Rule, “integrity” means that e-PHI is not altered or destroyed in an unauthorized manner. “Availability” means that e-PHI is accessible and usable on demand by an authorized person.

U.S. Department of Health and Human Services recognizes that covered entities range from the smallest provider to the largest, multi-state health plan. Therefore the Security Rule is flexible and scalable to allow covered entities to analyze their own needs and implement solutions appropriate for their specific environments. What is appropriate for a particular covered entity will depend on the nature of the covered entity’s business, as well as the covered entity’s size and resources.

Therefore, when a covered entity is deciding which security measures to use, the Rule does not dictate those measures but requires the covered entity to consider:

	o	Its size, complexity, and capabilities,
	o	Its technical, hardware, and software infrastructure,
	o	The costs of security measures, and
	o	The likelihood and possible impact of potential risks to e-PHI.

Covered entities must review and modify their security measures to continue protecting e-PHI in a changing environment.

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Risk Analysis and Management

· The Administrative Safeguards provisions in the Security Rule require covered entities to perform risk analysis as part of their security management processes. The risk analysis and management provisions of the Security Rule are addressed separately here because, by helping to determine which security measures are reasonable and appropriate for a particular covered entity, risk analysis affects the implementation of all of the safeguards contained in the Security Rule. · A risk analysis process includes, but is not limited to, the following activities:

	o	Evaluate the likelihood and impact of potential risks to e-PHI;
	o	Implement appropriate security measures to address the risks identified in the risk analysis;
	o	Document the chosen security measures and, where required, the rationale for adopting those measures; and
	o	Maintain continuous, reasonable, and appropriate security protections.

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Risk analysis should be an ongoing process, in which a covered entity regularly reviews its records to track access to e-PHI and detect security incidents, periodically evaluates the effectiveness of security measures put in place, and regularly reevaluates potential risks to e-PHI.

Administrative Safeguards

	·	Security Management Process. A covered entity must identify and analyze potential risks to e-PHI, and it must implement security measures that reduce risks and vulnerabilities to a reasonable and appropriate level.

	·	Security Personnel. A covered entity must designate a security official who is responsible for developing and implementing its security policies and procedures.

	·	Information Access Management. Consistent with the Privacy Rule standard limiting uses and disclosures of PHI to the "minimum necessary," the Security Rule requires a covered entity to implement policies and procedures for authorizing access to e-PHI only when such access is appropriate based on the user or recipient's role (role-based access).

	·	Workforce Training and Management. A covered entity must provide for appropriate authorization and supervision of workforce members who work with e-PHI.A covered entity must train all workforce members regarding its security policies and procedures, and must have and apply appropriate sanctions against workforce members who violate its policies and procedures.

	·	Evaluation. A covered entity must perform a periodic assessment of how well its security policies and procedures meet the requirements of the Security Rule.

Physical Safeguards

Facility Access and Control. A covered entity must limit physical access to its facilities while ensuring that authorized access is allowed.

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Workstation and Device Security. A covered entity must implement policies and procedures to specify proper use of and access to workstations and electronic media. A covered entity also must have in place policies and procedures regarding the transfer, removal, disposal, and re-use of electronic media, to ensure appropriate protection of electronic protected health information (e-PHI).

Technical Safeguards

Access Control. A covered entity must implement technical policies and procedures that allow only authorized persons to access electronic protected assets.

Audit Controls. A covered entity must implement hardware, software, and/or procedural mechanisms to record and examine access and other activity in information systems that contain or use e-PHI. Maintaining log files is required.

Integrity Controls. A covered entity must implement policies and procedures to ensure that e-PHI is not improperly altered or destroyed. Electronic measures must be put in place to confirm that e-PHI has not been improperly altered or destroyed.

Transmission Security. A covered entity must implement technical security measures that guard against unauthorized access to e-PHI that is being transmitted over an electronic network.

Medical device cyber security is a major issue today as security breaches become more sophisticated and common, costing healthcare businesses more and more money. In order to protect the industry, medical devices, equipment and data has to be protected. To do so we believe preemptive actions are required.

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Sirrus provides tangible, provable network protection that keeps companies in compliance with privacy and HIPPA regulations for data storage and management in real time.

We plan to establish and grow our core business through our Penetration Testing Services, Security Navigator Consulting Services, and the use of or Medlock Scanning Device.

We believe internal and external, automated scanning maintains compliance via proprietary digital marking, tracking and archiving, all customized for each company’s needs.

Our Products and Services

Penetration Testing Services

Penetration testing (also called pen testing) is the practice of testing a computer system, network or Web application to find vulnerabilities that an attacker could exploit.

Penetration testing and network scans are the core of network-based security and our security engineers are experts in this field.

Most of our anticipated security contracts will begin with penetration testing. Upon completion of our Penetration Testing Services we will create solutions under our Security Navigator Consulting Services to clients to keep the “bad boys” out of client networks while also monitoring those who have authorized access.

Security Navigator Consulting Services

Sirrus will provide to end user clients consulting services to customize security programs and platforms to keep their networks and data safe.

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Our services consultants help in the design of deployment of our products and work closely with end-client engineers, managers and other project team members to implement our products and services according to design.

Medlock and Trust Lock Scanning Devices

The next products in the Sirrus product and services line are MedLock and TrustLock network scanning devices.

MedLock and TrustLock network appliances and services are valuable to any corporation that wishes to maintain established security protocols for their data files and network devices. Sales and marketing efforts will be focused initially for Medlock on companies required to maintain HIPPA standards or other regulatory requirements. TrustLock devices and services are designed and aimed at customers outside of the healthcare industry such as finance companies. Thus the Company plans for the medical and finance fields to be pursued initially.

These devices reside inside the client’s network and perform preprogrammed network scans, then store and forward log files for future verification of designated events as well as detecting wireless and other unauthorized network access. These devices are also utilized outside client’s networks to provide scheduled external scanning and breach detection from the Sirrus data center.

This external service called MedLock Secure Scan is offered as a managed service and includes written reports on levels of security maintained or severity of breach should one be detected. This service will be sold through MSP’s primarily as a sales tool for them to sell the SecNav security services.

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MedLock Secure Scan - Turnkey Security Scanner for Monitoring HIPAA Compliant Companies

Sirrus is designing the MedLock Secure Scan to address the complicated issues involved in maintaining HIPPA compliance.

	·	The Medlock device is preprogrammed before installation to address requirements medical related businesses must maintain to remain HIPPA compliant.

	·	The MedLock Security Scanner searches your network for unauthorized access points and devices while logging activity thus locating potential network vulnerabilities.

	·	The reports generated by the MedLock device, which are reviewed by highly trained security professionals for problems that are potentially critical in nature, are then submitted for review by the company’s security official.

	·	Companies with the MedLock Secure Scanner installed in their network by security professionals, demonstrate with provable results that the company is following the HIPPA guidelines and that they are maintaining those guidelines by reviewing monthly reports and taking corrective action when necessary. Additional logging of all access to a company’s e-PHI documents provides an electronic tracer establishing who has had access and when, if a breach occurs.

	·	Installing the MedLock Secure Scan may begin with a simple scan to determine placement and configuration or a complete turnkey Vulnerability Assessment. Once installed, the MedLock Secure Scan connects to the Sirrus secure servers located in a private data center to establish both internal and external vulnerability scanning. Monthly reports are reviewed and submitted with easy to understand notations to determine if action if required. (Multiple devices may be required for large or diversified networks)

LightsOut Physical Security Device

LightsOut is a mobile security device and system, which is applicable for any place valuable items are kept where power and or Internet are not available. This includes empty rental properties and construction sites to prevent vandalism, boats, storage facilities, even locations where individuals are storing emergency supplies and valuables.

The LightsOut solution uses a hardware and software together to provide security monitoring to consumers and businesses.

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The all in one hardware device, which consists of a core technology based on the miniature Arduino platform, includes motion sensors, smoke detectors, access control and it can run up to 30 days on battery power alone. These tiny systems notify the system administrator of any preprogrammed alert via cell, email or text.

LightsOut includes a monthly monitoring fee, which becomes a recurring revenue stream for the product line.

Time Services

To complement our other products and services our company is currently developing time verification services and partnerships to provide verifiable time stamping which would constantly verify the accuracy of certain events with the NIST time servers.

MARKET, INDUSTRY AND OTHER DATA

Unless otherwise indicated, information contained in this report concerning our industry and the markets in which we operate, including our general expectations and market position, market opportunity and market size, is based on information from various sources, on assumptions that we have made that are based on those data and other similar sources and on our knowledge of the markets for our services. These data involve a number of assumptions and limitations. We have not independently verified the accuracy of any third party information. In addition, projections, assumptions and estimates of our future performance and the future performance of the industry in which we operate is necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described elsewhere in this report. These and other factors could cause results to differ materially from those expressed in the estimates made by the independent parties and by us.

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Our Market Opportunity

Global Growth

We believe that the security market is in the midst of a significant transition as organizations are investing in a new generation of security solutions to help protect them against today’s sophisticated and targeted cyber threats from both external attackers and malicious insiders. Gartner estimates that by 2020, 60% of enterprise information security budgets will be allocated to rapid detection and response approaches, up from less than 10% in 2014. Recognizing that traditional perimeter-based threat protection solutions are not sufficient to protect against today’s advanced cyber threats, enterprises are investing in security solutions within the datacenter to protect the inside of their networks. According to a 2012 report by International Data Corporation (IDC), worldwide spending on datacenter security solutions was $10.7 billion in 2011 and is expected to grow to $16.5 billion by 2016, representing a compound annual growth rate of 9.3%. According to the same report, worldwide spending for IT security solutions was $28.4 billion in 2011 and is expected to grow to $40.8 billion in 2016, representing a compound annual growth rate of 7.6%.

According to the cybersecurityventures.com cyber security market report:

	·	Worldwide cybersecurity market grew from $3.5 billion in 2004 to $75 billion in 2015, forecasted to reach $170 billion by 2020.
	·	The global cybersecurity market has grown approximately 35 times over the past 13 years. It is predicted to continue growing over the time to come and reach a staggering $170 billion by 2020. “
	·	The United States is increasing it spending on cybersecurity from $14 billion in 2016 to $19 billion in 2017 which is over 35%

BUSINESS STRATEGY AND OPERATIONS

Customers

We typically sell our security products and services to channel partners such as MSP’s, who in turn sell to end users of various sizes and, at times, we also sell directly to end users, especially for our products such as LightsOut. Our end users include individuals small businesses, large enterprises, government organizations, and service providers, across a wide range of industries, including telecommunications, technology, government, financial services, education, retail, manufacturing and healthcare.

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Sales and Marketing

We typically sell our security solutions to channel partners such as MSP’s, who in turn sell to end-customers.

Our main sales and marketing focus will be for our Penetration Testing Services and Medlock Secure Scan. The initial phase for marketing the MedLock Secure Scan will be to target U.S. companies that have received funding from Medicaid and Medicare Electronic Health Records “Meaningful Use” Incentive Funds. We have obtained the list of the companies who have received these funds and the software they have purchased to meet the requirement for future funding. These companies have annual requirements for performing Risk Assessments as well as maintaining HIPPA compliance and by targeting these companies though our MSP channel partners and offering them the our cost effective solution, we believe we will have a high level of success in selling into this market.

We plan to utilize distributors to market LightOuts to retail stores. We plan to also direct sell and market LightsOut through infomercials and we will also plan to market our products as LightsOut direct to our end users online, giving access to anyone wanting to purchase our products from our website.

~~9Table of Contents~~Manufacturing

We plan to use third party providers to source and manufacture our LightsOut product.

We plan to contract with a manufacturer for LightsOuts that will provide us with finished products, which we plan to hold in inventory for distribution, sale and use.

Competition

The market for cyber security services related to our core business is intensely competitive, and we expect competition to increase in the future. Changes in the threat landscape and the broader IT infrastructure have led to quickly evolving client requirements for protection from security threats and adversaries.

The markets for our products are extremely competitive and are characterized by rapid technological change. The principal competitive factors in our core business markets include the following:

	·	product performance, features, effectiveness, interoperability and reliability;
	·	our ability to add and integrate new networking and security features and technological expertise;
	·	compliance with industry standards and certifications;
	·	price of products and services and total cost of ownership;
	·	brand recognition;
	·	customer service and support;
	·	sales and distribution capabilities;
	·	size and financial stability of operations; and
	·	breadth of product line.

Among others, our competitors include Check Point Software Technologies Ltd. (“Check Point”), Secureworks Corp. (“Secureworks”), Qualys, Inc. (“Qualys”), FireEye, Inc. (“FireEye”), NetScout Systems, Inc. (“NetScout”).

We believe we can compete favorably based on our products’ performance, reliability and breadth, our ability to add and integrate new networking and security features and our technological expertise. The vast majority of our competitors are significantly larger, have greater financial, technical, marketing, distribution, customer support and other resources, are more established than we are and have significantly better brand recognition. All of these larger competitors have substantially broader product offerings and leverage their relationships based on other products or incorporate functionality into existing products in a manner that may discourage users from purchasing our products. Based in part on these competitive pressures, we may have to lower prices or attempt to add incremental features and functionality.

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Conditions in our markets could change rapidly and significantly as a result of technological advancements or continuing market consolidation. The development and market acceptance of alternative technologies could decrease the demand for our products or render them obsolete. Our competitors may introduce products that are less costly, provide superior performance, market their products better, or achieve greater market acceptance than us. In addition, our larger competitors often have broader product lines and are in a better position to withstand any significant reduction in capital spending by end-users in these markets, and will therefore not be as susceptible to downturns in a particular market. The above competitive pressures are likely to continue to impact our business. We may not be able to compete successfully in the future, and competition may harm our business.

Our Competitive Strengths

We aim to be a leader in providing cyber security solutions that protect organizations against advanced cyber-attacks. We believe that the following key competitive advantages will allow us to achieve that leadership position:

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The main competitive advantage of our company is our team and their expertise. Each of the officers of our company possesses a high level of expertise in the core groups of security management. From this foundation they will develop and grow an entity capable of assisting their clients in navigating a truly complete solution without conflicting software or security processes. Their high levels of expertise also allow many of their products to be customized to meet their client’s specifics requirements.

The following table provides details as to our company’s strength for our products and services:

Product or Service	Description	Competitive Strength
Product orService	Description	Competitive Strength
Penetration Testing	Our company’s core business provides penetration testing to healthcare institutions. Simply put our network engineers test the security of a client’s network by trying to “penetrate” its network.	The main competitive advantage for the penetration testing service is our engineers. As security navigators, penetration testing is a learned skill and with hundreds of tests performed, our engineers possess a very high level of expertise. In fact, in all of the tests conducted so far, they have yet to fail an authorized attempt to gain access to a client’s target asset prior to proper protocol’s being put in place.
Medlock	Medlock is a network scanner device. It is deployed after a penetration test in conjunction with our security center services when a client wants to hire our company to protect their network from the “bad guys”. Medlock will reside inside the client’s network and perform preprogrammed network scans, then store and forward log files for future verification of designated events. Medlock can also detect wireless and other unauthorized network access.	The main competitive advantage Medlock is that it is a hardware solution combined with a managed service. We can secure a network inside and out because of the hardware being installed right inside a client’s system communicating constantly to our external security center.
LightsOut	LightsOut is a portable all in one hardware security device, which, includes motion sensors, smoke detectors, access control and it can run up to 45 days on battery power alone. LightsOut sends notifications via cell, email or text of location breach, outages, fire etc.	The main competitive advantages for LightsOut are that its portable has a tough rugged casing, and most importantly it uses long lasting batteries so it works without direct connection to power.

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Compliance with Government Regulation

Government Regulation: Encrypted technologies that are exported

If we plan to export our information security solutions and technologies which incorporate encryption technology those solution may be exported outside the United States only if we obtain an export license or qualify for an export license exception. Compliance with applicable regulatory requirements regarding the export of our solutions and technologies may create delays in the introduction of our solutions and technologies in international markets, prevent our clients with international operations from utilizing our solutions and technologies throughout their global systems or prevent the export of our solutions and technologies to some countries altogether. In addition, various countries regulate the import of our appliance-based technologies and have enacted laws that could limit our ability to distribute, and our clients’ ability to implement, our technologies in those countries. Any new export or import restrictions, new legislation or shifting approaches in the enforcement or scope of existing regulations, or in the countries, persons or technologies targeted by such regulations, could result in decreased use of our solutions and technologies by existing clients with international operations, loss of sales to potential clients with international operations and decreased revenue. If we fail to comply with export and import regulations, we may be denied export privileges, be subjected to fines or other penalties or fail to obtain entry for our technologies into other countries.

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Government Regulation: Internet

We are subject to federal, state and local laws and regulations applicable to businesses generally in the United States, where our business is incorporated in the state of Nevada. We are also subject to a number of foreign and domestic laws and regulations that affect companies conducting business on the Internet, many of which are still evolving and could be interpreted in ways that could harm our business. In the United States and abroad, laws relating to the liability of providers of online services for activities of their users and other third parties are currently being tested by a number of claims, including actions based on invasion of privacy and other torts, unfair competition, copyright and trademark infringement, and other theories based on the nature and content of the materials searched, the ads posted, or the content provided by users. Any court ruling or other governmental action that imposes liability on providers of online services for the activities of their users and other third parties could harm our business. In addition, rising concern about the use of data collection and GPS tracking technologies for illegal conduct, such as the unauthorized dissemination of national security information, money laundering or supporting terrorist activities may in the future produce legislation or other governmental action that could require changes to our products or services, restrict or impose additional costs upon the conduct of our business or cause users to abandon material aspects of our service.

In the area of information security and data protection, many states have passed laws requiring notification to users when there is a security breach for personal data, such as the 2002 amendment to California’s Information Practices Act, or requiring the adoption of minimum information security standards that are often vaguely defined and difficult to practically implement. The costs of compliance with these laws may increase in the future as a result of changes in interpretation. Furthermore, any failure on our part to comply with these laws may subject us to significant liabilities.

We are also subject to federal, state, and foreign laws regarding privacy and protection of member data. We intend to post on our website a privacy policy and user agreement, which will describe our practices concerning the use, transmission and disclosure of member data. Any failure by us to comply with our posted privacy policy or privacy related laws and regulations could result in proceedings against us by governmental authorities or others, which could harm our business. In addition, the interpretation of privacy and data protection laws, and their application to the Internet is unclear, evolving and in a state of flux. There is a risk that these laws may be interpreted and applied in conflicting ways from state to state, country to country, or region to region, and in a manner that is not consistent with our current data protection practices, or that new regulations will be enacted. Complying with these varying domestic and international requirements could cause us to incur additional costs and change our business practices. Further, any failure by us to adequately protect our members’ privacy and data could result in a loss of member confidence in our services and ultimately in a loss of members and customers, which could adversely affect our business.

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In addition, because our services are accessible worldwide, certain foreign jurisdictions may claim that we are required to comply with their laws, including in jurisdictions where we have no local entity, employees, or infrastructure.

Research and Development

We focus our research and development efforts on developing new products, services and systems, and adding new features to existing products, services and systems. Our research and development strategy is to identify features, products and systems for both software and hardware that we believe are, or are expected to be, important to our end-users.

We have incurred $Nil in research and development expenditures over the last two fiscal years.

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Intellectual Property

We do not currently have any intellectual property that has been approved or is pending for patents or trademarks.

We currently rely on trade secrets laws, confidentiality procedures and contractual provisions to protect our technology. We plan to use trademark, patent and copyright law in the future to further protect our intellectual property and technology when and where we believe we should protect them over and above existing trade secret law. We also plan to license software from third parties for inclusion in our products, including open source software and other software available on commercially reasonable terms.

Despite our efforts to protect our rights in our technology, unauthorized parties may attempt to copy aspects of our products and services or obtain and use information that we regard as proprietary. We plan to generally enter into confidentiality agreements with our employees, consultants, vendors and customers, and generally limit access to and distribution of our proprietary information. However, we cannot provide assurance that the steps we take will prevent misappropriation of our technology. In addition, the laws of some foreign countries do not protect our proprietary rights to as great an extent as the laws of the United States, and many foreign countries do not enforce these laws as diligently as government agencies and private parties in the United States.

Employees

We have no employees. Our officers and directors provide their services to our company as independent consultants.

Research and Development

We have incurred $Nil in research and development expenditures over the last two fiscal years.

Intellectual Property

We do not currently have any intellectual property.

WHERE YOU CAN FIND MORE INFORMATION

You are advised to read this Form 10-K in conjunction with other reports and documents that we file from time to time with the SEC. In particular, please read our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K that we file from time to time. You may obtain copies of these reports directly from us or from the SEC at the SEC’s Public Reference Room at 100 F. Street, N.E. Washington, D.C. 20549, and you may obtain information about obtaining access to the Reference Room by calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains information for electronic filers at its website http://www.sec.gov.

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Item 1A. Risk Factors

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 1B. Unresolved Staff Comments

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 2. Properties

Our ~~corporate~~principal ~~head~~executive office islocation ~~located~~and atmailing address is 11340 Lakefield ~~drive~~Drive, Suite 200, Johns Creek, GA 30097. Our monthly rent is $~~300~~200.

Item 3. Legal Proceedings

WeFrom ~~know~~time ofto notime, ~~existing~~we ormay ~~pending~~become ~~legal~~involved ~~proceedings~~in ~~against~~litigation ~~us,~~relating ~~nor~~to ~~are~~claims wearising ~~involved~~out asof aour ~~plaintiff~~operations in ~~any~~the ~~proceeding~~normal orcourse ~~pending~~of ~~litigation~~business. ~~There~~We are nonot ~~proceedings~~involved in ~~which~~ any ofpending ~~our~~legal ~~directors,~~proceeding ~~officers~~ or ~~affiliates~~litigation and, orto ~~any~~the ~~registered~~best orof ~~beneficial~~our ~~shareholder~~knowledge, isno angovernmental ~~adverse~~authority ~~party~~is orcontemplating ~~has~~any aproceeding ~~material~~to ~~interest~~which ~~adverse~~we toare ~~our~~a ~~company.~~party ~~From~~and ~~time~~which towould ~~time,~~reasonably webe ~~may~~likely ~~become~~to ~~involved~~have ina ~~various~~material ~~lawsuits~~adverse ~~and~~effect ~~legal~~on ~~proceedings,~~our ~~which~~company. ~~arise~~To date, inour ~~the~~company ~~ordinary~~has ~~course~~never ofbeen ~~business.~~involved ~~However,~~in litigation, isas ~~subject~~either toa ~~inherent~~party ~~uncertainties,~~or ~~and~~a anwitness, ~~adverse~~nor ~~result~~has inour ~~these~~company orbeen ~~other~~involved ~~matters~~in ~~may~~any ~~arise~~legal ~~from~~proceedings ~~time~~commenced toby ~~time~~any ~~that~~regulatory ~~may~~agency ~~harm~~against our ~~business~~company.

Item 4. Mine Safety Disclosures

Not applicable.

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Our common shares are quoted on the OTC Markets under the symbol "SRUP". Our stock was listed for quotation on July 28, 2015. The first trade of our shares occurred on October 31, 2016.

OnThe ~~December~~high ~~13,~~and ~~2016,~~low bid prices of our ~~shareholders’~~common ~~list~~stock ~~showed 11~~for ~~registered~~the ~~shareholders~~periods ~~with~~indicated ~~35,763,339~~below ~~common~~are ~~shares~~as ~~outstanding.~~follows:

OTC Markets
Quarter Ended	High		Low
August 31, 2017	$	0.15	$	0.0052
May 31, 2017	$	0.125	$	0.0555
February 28, 2017	$	0.83	$	0.0521
November 30, 2016	$	0.25	$	0.25

Our shares are issued in registered form. Action Stock Transfer Corporation at 2469 E. Fort Union Blvd., Suite 214, Salt Lake City, UT 84121 (Telephone: (801) 24-1088) is the registrar and transfer agent for our common shares.

On November 28, 2017, the shareholders’ list showed 2 registered shareholders with 35,763,339 shares of common stock outstanding.

Description of Securities

The authorized capital stock of our company consists of 8,000,000,000 shares of common stock, at $0.00001 par value and 100,000,000 shares of preferred stock, at $0.00001 par value.

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Dividend Policy

We have not paid any cash dividends on our common stock and have no present intention of paying any dividends on the shares of our common stock. Our current policy is to retain earnings, if any, for use in our operations and in the development of our business. Our future dividend policy will be determined from time to time by our board of directors.

Equity Compensation Plan Information

We do not have any equity compensation plans.

Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities

We did not sell any equity securities which were not registered under the Securities Act during the year ended August 31, ~~2016~~2017 that were not otherwise disclosed on our quarterly reports on Form 10-Q or our current reports on Form 8-K filed during the year ended August 31, ~~2016~~2017.

Purchase of Equity Securities by the Issuer and Affiliated Purchasers

We did not purchase any of our shares of common stock or other securities during our fourth quarter of our fiscal year ended August 31, ~~2016~~2017.

Item 6. Selected Financial Data

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion should be read in conjunction with our ~~consolidated audited~~ financial statements, ~~and~~including the ~~related~~ notes ~~that~~thereto, ~~appear~~appearing elsewhere in this annual report. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results could differ materially from those discussed in the forward looking statements. Factors that could cause or contribute to such differences include, but are not limited to those discussed below and elsewhere in this ~~annual~~Annual ~~report,~~Report. ~~particularly~~Our audited financial statements are stated in ~~the~~United ~~section~~States ~~entitled~~Dollars ~~“Risk~~and ~~Factors”~~are ~~beginning~~prepared onin ~~page~~accordance 6with ofUnited ~~this~~States ~~annual~~Generally ~~report~~Accepted Accounting Principles.

Our consolidated audited financial statements are stated in United States Dollars and are prepared in accordance with United States Generally Accepted Accounting Principles.

Overview

We are a start-up company incorporated in the State of Nevada on May 7, 2014. Our previous business was seeking to engage in the designing, marketing and distribution of electronic cigarettes (“e-cigarette”) in East Africa.

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As of October 14, 2016, a change of control of Sirrus Corp (“Sirrus” or the “Company”) occurred, new management was appointed on October 18, 2016, the Company established a new wholly owned subsidiary, Sirrus Security Inc. The business of the Company now focuses on cyber security.

Sirrus provides tangible, provable network protection that keeps companies in compliance with privacy and HIPPA regulations for data storage and management in real time.

We plan to establish and grow our core business through our Penetration Testing Services, Security Navigator Consulting Services, and the use of or Medlock Scanning Device.

Plan of Operations

Our business objectives for the next twelve months, provided the necessary funding is available, are to expand upon our business with a focus on the development of our cyber security business.

We believe that we will be able to generate revenue once we secure one contract to initially sell our penetration testing services with an MSP. If we are able to establish additional contracts, we hope to generate additional revenue and prove our business model to be effective. However, we will still require an additional $1,181,000 in order to carry out our anticipated business operations for the next twelve months. It is management’s goal to increase our cash flow by securing additional MSP contracts, securing distribution channels, generating revenues and attract additional financing. We plan to sell securities of our company to raise additional capital, including convertible securities that may be dilutive to our shareholders. However, there can be no assurance that we will be able to raise additional capital, establish distribution contracts, or generate revenues from our operations. There can also be no assurance that we will be able to raise the additional capital we require to operate our business for the next twelve months.

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The following chart provides an overview of our budgeted expenditures for the next twelve months. The expenditures are categorized by significant area of activity.

Description	~~EstimatedCompletion~~Estimated ~~Date~~Expenses ($)		~~EstimatedExpenses ($)~~
Legal and accounting fees	~~12 months~~	135,000		~~135,000~~
Software & Hardware development	~~12 months~~	100,000		~~100,000~~
Product development & initial inventory manufacturing	~~12 months~~	100,000		~~100,000~~
Marketing and advertising	~~12 months~~	120,000		~~120,000~~
Investor relations and capital raising	~~12 months~~	180,000		~~180,000~~
Management fees*	~~12 months~~	240,000		~~240,000~~
Salaries and consulting fees**	~~12 months~~	276,000		~~276,000~~
General and administrative expenses***	~~12 months~~	30,000		~~30,000~~
Total				1,181,000
Total for next 12 months		1,181,000

______________

*Management fees will consist of remuneration payable to any manager engaged to oversee the day to day operation of our business.

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**Salaries will be paid to future employees or consultants retained to assist our company with sales and marketing efforts. Consultants may also be retained to contribute special expertise not possessed by our officers and directors.

***General and administrative expenses are the costs which we will incur sustaining our day to day business. These include such costs such as rent, phone, utilities, insurance, business licenses and incidental expenses.

We currently do not have any arrangements in place for the completion of any private placement financings and there is no assurance that we will be successful in completing any future private placement financings. If we are unable to achieve the necessary additional financing, then we plan to reduce the amounts that we spend on our business activities and administrative expenses in order to be within the amount of capital resources that are available to us.

Results of Operations – For the Year Ended August 31, ~~2016~~2017 and ~~August 31, 2015~~2016

We have not generated any revenues from inception through August 31, ~~2016~~2017.

	Year EndedAugust 31,2016			Year EndedAugust 31,2015
	Year			Year
Revenues	$	-		$	-
	Ended			Ended
Operating Expenses	$	31,269		$	45,886
	August31,			August31,
Other Income, Net	$	-		$	-
	2017			2016			Changes
Net Loss	$	(31,269	)	$	(45,886	)
Revenues	$	-		$	-		$	-
Operating Expenses	$	520,439		$	31,269		$	489,170
Other Expenses	$	42,464		$	-		$	42,464
Net Loss	$	(562,903	)	$	(31,269	)	$	(531,634	)

We incurred a net loss in the amount of $31562,~~269~~903 and $4531,~~886~~269 for years ended August 31, ~~2016~~2017 and ~~August 31~~2016, ~~2015,~~ respectively.

Operating expenses were $520,439 for the year ended August 31, 2017, compared to $31,269 for the year ended August 31, 2016, due to the increase in professional fees of $264,687 and management consulting fees of $205,000 incurred during the year.

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Liquidity and Capital

Working Capital	As ofAugust 31,2016			As ofAugust 31,2015
	As of			As of
Current Assets	$	139		$	15,229
	August 31,			August 31,
Current Liabilities	$	26,723		$	10,544
Working Capital	2017			2016			Changes
Working Capital (Deficit)	$	(26,584	)	$	4,685
Current Assets	$	1,684		$	139		$	1,545
Current Liabilities	$	573,852		$	26,723		$	547,129
Working Capital (Deficiency)	$	(572,168	)	$	(26,584	)	$	(545,584	)

Cash Flows	Year EndedAugust 31,2016			Year EndedAugust 31,2015
Net Cash Used in Operating Activities	$	(29,246	)	$	(38,575	)
Net Cash Provided by Financing Activities	$	16,933		$	31,144
Net Increase (Decrease) In Cash	$	(12,313	)	$	(7,431	)

As of August 31, 2017, we had a working capital deficit of $572,168 compared to a working capital deficit of $26,854 as of August 31, 2016. As of August 31, 2017, we had current assets of $1,684 and $139, respectively. As of August 31, 2017, we had current liabilities of $573,852 composed of accounts payable and accrued liabilities of $237,728, accrued interest of $4,823, amount due to related parties for consulting management fees of $181,750, short-term notes of $86,910, convertible notes of $4,027 and derivative liabilities of $58,614, as compared to current liabilities of $26,723 as of August 31, 2016, consisted of accounts payable and accrued liabilities of $9,404 and due to previous shareholder of $17,319.

As of August 31, 2016, we had a working capital deficit of $26,584 compared to a working capital of $4,685 as of August 31, 2015. As of August 31, 2016, we had current assets of $139 (2015 – $15,229) and current liabilities of $26,723 (2015 – $10,544). As of August 31, 2016, we used a total of $29,246 (2015 - $38,575) in operating activities and received $16,933 (2015 - $31,144) from financing activities.

	Year			Year
	Ended			Ended
	August31,			August31,
Cash Flows	2017			2016			Changes

Net cash used in operating activities	$	(110,365	)	$	(29,246	)	$	(81,119	)
Net cash provided by financing activities	$	111,910		$	16,933		$	94,977
Net increase (decrease) in cash and cash equivalents	$	1,545		$	(12,313	)	$	13,858

~~16Table~~Operating ~~of Contents~~ Activities

For the year ended August 31, 2017, net cash used in operating activities was $110,365, related to our net loss of $562,903, reduced by amortization of debt discount of $4,027, change in fair value derivative of $2,348, fair value of derivative in excess of debt of $31,266, and increase of accounts payable and accrued liabilities of $228,324, an increase in accrued interest of $4,823 and an increase in due to related parties of $181,750.

For the year ended August 31, 2016, net cash used in operating activities was $29,246, related to our net loss of $31,269, reduced by write-down of inventory of $1,840 and a decrease in prepaid expenses of $937, and increased by a decrease in accounts payable and accrued liabilities of $754.

Financing Activities

For the year ended August 31, 2017, net cash provided by financing activities was $111,910, mainly attributed to proceeds from issuance of short-term notes of $101,410 and proceeds from issuance of convertible notes of $25,000. The Company has repaid short-term notes of $14,500.

For the year ended August 31, 2016, net cash provided by financing activities was $16,933 from related party advances.

Contractual Obligations

As a “smaller reporting company”, we are not required to provide tabular disclosure obligations.

Going Concern

AsFor ofthe year ended August 31, ~~2016~~2017, our company had a net loss of $31562,~~269~~903 and has earned no revenues. Our company intends to fund operations through equity financing arrangements, which may be insufficient to fund its capital expenditures, working capital and other cash requirements for the year ending August 31, ~~2017~~2018. The ability of our company to emerge from the development stage is dependent upon, among other things, obtaining additional financing to continue operations, and development of our business plan. In response to these problems, management intends to raise additional funds through public or private placement offerings. These factors, among others, raise substantial doubt about our company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty.

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Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to stockholders.

Critical Accounting Policies

The discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with the accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financial statements.

Use of Estimates

The discussion and analysis of our financial condition and results of operations is based upon the accompanying consolidated financial statements, which have been prepared in accordance with the accounting principles generally accepted in the United States of America and are expressed in United States Dollars. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financial statements.

Revenue Recognition

Revenue from the sale of goods is recognized when the following conditions are satisfied:

	·	Our company has transferred to the buyer the significant risks and rewards of ownership of the goods;
	·	Our company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
	·	The amount of revenue can be measured reliably;
	·	It is probable that the economic benefits associated with the transaction will flow to the entity; and
	·	The costs incurred or to be incurred in respect of the transaction can be measured reliably.

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Earnings (Loss) Per Common Share (“EPS”)

Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. At August 31, ~~2016~~2017, our company had no potentially dilutive securities outstanding.

Stock-Based Compensation

Compensation costs attributable to stock options or similar equity instruments granted are measured at the fair value at the grant date, and expensed over the expected vesting period. We did not grant any stock options during the year ended August 31, ~~2016~~2017.

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Recent Accounting Pronouncements

InManagement ~~August~~has ~~2014,~~considered ~~the~~all ~~Financial~~recent ~~Accounting~~accounting ~~Standards~~pronouncements ~~Board~~ issued ~~Accounting Standards Update 2014-15, Presentation of Financial Statements - Going Concern~~. ~~The~~Our ~~Update provides U.S. GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a~~ company’s ~~ability~~management tobelieves ~~continue~~that asthese arecent ~~going~~pronouncements ~~concern and about related footnote disclosures. For each reporting period, management~~ will benot ~~required~~have toa ~~evaluate~~material ~~whether~~effect ~~there~~on ~~are~~our ~~conditions or events that raise substantial doubt about a~~ company’s ~~ability to continue as a going concern within one year from the date the~~ financial statements ~~are issued~~. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Our company is currently evaluating the effects of ASU 2014-15 on the consolidated financial statements.

Item 7A. Quantitative and Qualitative Disclosures ~~About~~about Market Risk

As a “smaller reporting company”, we are not required to provide the information required by this Item.

Item 8. Financial Statements and Supplementary Data

~~18 Table of Contents~~20

SIRRUS CORP.

AUDITED FINANCIAL STATEMENTS

AUGUST 31, 2017 AND 2016

Report of Independent Registered Public Accounting Firm		F-2

Balance Sheets as of August 31, 2017 and August 31, 2016		F-3

Statements of Operations for the year ended August 31, 2017 and August 31, 2016		F-4

Statement of Stockholders’ Equity (Deficit) for the year ended August 31, 2017 and August 31, 2016		F-5

Statements of Cash Flows for the year ended August 31, 2017 and August 31, 2016		F-6

Notes to the Audited Financial Statements		F-7

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors ~~and~~ of

~~Stockholders of~~ Sirrus Corp.

Johns Creek, GAGeorgia

We have audited the accompanying balance sheets of Sirrus Corp. as of August 31, ~~2016~~2017 and ~~2015~~2016 and the related statements of operations, ~~changes in~~ stockholders’ equity (deficit) and cash flows for each of the years then ended. Sirrus Corp.’s management is responsible for these financial statements. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the ~~overall~~financial statements referred to above present fairly, in all material respects, the financial ~~statement~~position ~~presentation~~of Sirrus Corp. Weas ~~believe~~of ~~that~~August ~~our~~31, ~~audits~~2017 ~~provide~~and a2016, ~~reasonable~~and ~~basis~~the results of its operations and its cash flows for ~~our~~each ~~opinion~~of the years then ended in conformity with accounting principles generally accepted in the United States of America.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Sirrus Corp. as of August 31, 2016 and 2015 and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.

The accompanying financial statements have been prepared assuming that Sirrus Corp. will continue as a going concern. As discussed in Note 1 to the financial statements, Sirrus Corp. has suffered recurring losses from operations and has a net capital deficiency that raise substantial doubt about its ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

/s/ GBH CPAs, PC

GBH CPAs, PC

www.gbhcpas.com

Houston, Texas

December 14, ~~2016~~ 2017

F-12 Table of Contents

SIRRUS CORP.

Balance Sheets

	August 31,2016			August 31,2015
	As of August 31, 2017			As of August 31, 2016
ASSETS
Current Assets
Cash and cash equivalents	$	~~139~~1,684		$	~~12,452~~139
Inventory		-			1,840
Total Current Assets		1,684			139
Prepaid expenses		-			937
TOTAL ASSETS	$	1,684		$	139
Total Current Assets		139			15,229
LIABILITIES AND STOCKHOLDERS' DEFICIT
TOTAL ASSETS	$	139		$	15,229
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current Liabilities
Accounts payable and accrued liabilities	$	9237,~~404~~728		$	109,~~158~~404
Due to related party		17,319			386
Accrued interest		4,823			-
Total Current Liabilities		26,723			10,544
Accounts payable - related parties		181,750			-
STOCKHOLDERS' EQUITY (DEFICIT)
Due to previous shareholder		-			17,319
Short term notes		86,910			-
Convertible note payable, net of unamortized debt discount of $22,223		4,027			-
Derivative liabilities		58,614			-
Total Current Liabilities		573,852			26,723
STOCKHOLDERS' DEFICIT
Preferred stock, par value $0.00001 per share, 100,000,000 shares authorized, no shares issued and outstanding		-			-
Common stock, par value $0.00001 per share, 200,000,000 shares authorized, 35,763,339 shares issued and outstanding		358			358
Common stock, par value $0.00001 per share, 8,000,000,000 shares authorized, 1,430,533,560 shares issued and outstanding		14,305			14,305
Additional paid-in capital		5660,~~932~~304			5642,~~932~~985
Accumulated deficit		(83646,~~874~~777	)		(5283,~~605~~874	)
Total Stockholders' Equity (Deficit)	$	(26,584	)		4,685
Total stockholders' deficit		(572,168	)		(26,584	)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$	139		$	15,229
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	1,684		$	139

The accompanying notes are an integral part of these financial statements.

F-23 Table of Contents

SIRRUS CORP.

Statements of Operations

	For the Year Ended
	August31			August 31
	August 31,			August 31,
	2016			2015
	2017			2016
OPERATING EXPENSES
General and administrative	$	3133,~~269~~095		$	4513,~~886~~612
NET LOSS	$	(31,269	)	$	(45,886	)
Management fees		205,000			-
Professional fees		282,344			17,657
OPERATING LOSS		(520,439	)		(31,269	)
Other expenses
Interest expense		(8,850	)		-
Fair value of derivative liability in excess of debt		(31,266	)		-
Change in fair value of derivative liability		(2,348	)		-
Total other expenses		(42,464	)		-
NET LOSS	$	(562,903	)	$	(31,269	)
Basic and Diluted Loss per Common Share	$	(0.00	)	$	(0.00	)
Basic and Diluted Weighted Average Common Shares Outstanding		351,~~763~~430,~~339~~533,560			351,~~763~~430,~~339~~533,560

The accompanying notes are an integral part of these financial statements.

F-34 Table of Contents

SIRRUS CORP.

Statements of Changes in Stockholders’ ~~Equity (~~Deficit)

					Additional
	Common Stock				Additional
	Common Stock				Paid-in		Accumulated
	Numberof Shares		Amount		Paid-inCapital		AccumulatedDeficit			Total
	Number of Shares		Amount		Capital		Deficit			Total
*Balance - August 31, 2015		1,430,533,560	$	14,305	$	42,985	$	(52,605	)	$	4,685
Balance - August 31, 2014		25,000,000	$	250	$	24,750	$	(6,719	)	$	18,281
Net loss		-		-		-		(31,269	)		(31,269	)
Common shares issued for cash		10,763,339		108		32,182		-			32,290
*Balance - August 31, 2016		1,430,533,560	$	14,305	$	42,985	$	(83,874	)	$	(26,584	)
Net loss		-		-		-		(45,886	)		(45,886	)
Debt forgiven by previous related party		-		-		17,319		-			17,319
Balance - August 31, 2015		35,763,339		358		56,932		(52,605	)		4,685
Net loss		-		-		-		(562,903	)		(562,903	)
Net loss		0		-		-		(31,269	)		(31,269	)
Balance – August 31, 2017		1,430,533,560	$	14,305	$	60,304	$	(646,777	)	$	(572,168	)
Balance - August 31, 2016		35,763,339	$	358	$	56,932	$	(83,874	)	$	(26,584	)

* retroactively restated to reflect forward stock split

The accompanying notes are an integral part of these financial statements.

F-45 Table of Contents

SIRRUS CORP.

Statements of Cash Flows

	For the Year Ended
	August 31			August 31,
	August 31,			August 31,
	2016			2015
	2017			2016
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(31562,~~269~~903	)	$	(4531,~~886~~269	)
Adjustments to reconcile net loss to net cash used in operating activities:
Write-down of inventory		1,840			-
Amortization of debt discount		4,027			-
Change in fair value of derivative		2,348
Fair value of derivative in excess of debt		31,266
Write-down of inventory		-			1,840
Changes in operating assets and liabilities:
Inventory		-			(1,840	)
Prepaid expenses		-			937
Prepaid expenses		937			(637	)
Accounts payable and accrued liabilities		228,324			(754	)
Accounts payable and accrued liabilities		(754	)		9,788
Accrued interest		4,823			-
Net cash used in operating activities		(29,246	)		(38,575	)
Accounts payable - related parties		181,750			-
Net cash used in operating activities		(110,365	)		(29,246	)
CASH FLOWS FROM FINANCING ACTIVITIES
Advances from related party		17,319			-
Proceeds from related party advances		1,250			17,319
Repayments of related party advances		(~~386~~1,250	)		(~~1,146~~386	)
Proceeds from sales of common shares		-			32,290
Proceeds from issuance of short term notes		101,410			-
Net cash provided by financing activities		16,933			31,144
Repayments of short term notes		(14,500	)		-
Net increase (decrease) in cash and cash equivalents		(12,313	)		(7,431	)
Proceeds from issuance of convertible note		25,000			-
Cash and cash equivalents - beginning of period		12,452			19,883
Net cash provided by financing activities		111,910			16,933
Cash and cash equivalents - end of period	$	139		$	12,452
Net increase (decrease) in cash and cash equivalents		1,545			(12,313	)
Supplemental Cash Flows Disclosures
Cash and cash equivalents - beginning of period		139			12,452
Cash and cash equivalents - end of period	$	1,684		$	139
Supplemental Cash Flow Disclosures
Cash paid for interest	$	-		$	-
Cash paid for income taxes	$	-		$	-
Non-cash financing transactions
Debt forgiven by previous related party recognized as additional paid in capital	$	17,319		$	-
Derivative liability recognized as debt discount	$	25,000		$	-
Original issue discount and deferred financing cost	$	1,250		$	-

The accompanying notes are an integral part of these financial statements.

F-56 Table of Contents

SIRRUS CORP. ~~Notes to the Financial Statements~~

~~NOTE~~Notes 1.to ~~NATURE~~the OFFinancial ~~BUSINESS AND CONTINUANCE OF OPERATIONS~~Statements

August 31, 2017 and 2016

NOTE 1 - NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS

Sirrus Corp. (the “Company”) was formed on May 7, 2014 in Nevada. The Company was originally engaged in the business of designing, marketing and distributing electronic cigarettes (“e-cigarette”) in East Africa.

As of October 14, 2016, a change of control of the Company occurred, the Company now focuses on cyber security.

~~These~~The ~~financial statements have been prepared on a going concern basis which assumes the~~ Company ~~will~~has ~~continue~~incurred tooperating ~~realize~~loss itof ~~assets~~$562,903 ~~and~~during ~~discharge its liabilities in~~ the ~~normal~~year ~~course~~ended ~~of business. As of~~ August 31, ~~2016,~~2017 ~~the~~and ~~Company~~ has ~~incurred~~an ~~losses~~accumulated ~~totaling~~deficit of $83646,~~874~~777 ~~since~~as ~~inception,~~of ~~has~~August ~~not yet generated revenue from operations~~31, ~~and~~2017. ~~will~~Management ~~require~~intends ~~additional funds~~ to ~~maintain our operations. These factors~~ raise ~~substantial~~additional ~~doubt~~operating ~~regarding~~funds ~~the~~through ~~Company’s~~equity ~~ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon its ability to generate future profitable operations~~ and/or ~~obtain~~debt ~~the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due~~offerings. However, ~~The~~there ~~Company~~can ~~intends~~be tono ~~finance~~assurance ~~operating~~management ~~costs~~will ~~over~~be ~~the~~successful ~~next~~in ~~twelve months through continued financial support from~~ its ~~shareholders and private placements of common stock~~endeavors. See ~~These~~Note ~~financial~~9 ~~statements~~– doSubsequent not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concernEvents.

~~NOTE~~There are no assurances that the Company will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements. ~~SUMMARY~~To OFthe ~~SIGNIFICANT~~extent ~~ACCOUNTING~~that ~~POLICIES~~funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to the Company. If adequate working capital is not available to the Company, it may be required to curtail or cease its operations.

a)Due ~~Basis~~to ofuncertainties ~~Presentation~~related ~~These~~to ~~financial~~these ~~statements~~matters, there exists a substantial doubt about the ability of the Company ~~have~~to ~~been~~continue ~~prepared~~as ina ~~accordance~~going ~~with~~concern. ~~generally~~The ~~accepted~~accompanying ~~accounting~~financial ~~principles~~statements indo not include any adjustments related to the ~~United~~recoverability ~~States~~or classification of asset-carrying amounts or the amounts and ~~are~~classification ~~expressed~~of inliabilities USthat ~~dollars.~~may ~~The~~result should the Company’s ~~year-end~~be isunable ~~August~~to 31continue as a going concern.

b)NOTE ~~Estimates~~2 ~~and~~- ~~Assumptions~~SUMMARY ~~The~~OF ~~preparation~~SIGNIFICANT ofACCOUNTING financial statements in conformity with United States generally accepted accounting principles 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. The Company regularly evaluates estimates and assumptions related to defer income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.POLICIES

c)Basis ~~Cash and Cash Equivalents The Company considers all highly liquid instruments with maturity~~ of ~~three~~Presentation ~~months or less at the time of issuance to be cash equivalents.~~

FThe Company’s financial statements have been prepared in conformity with accounting principles generally accepted in the United States and are expressed in U.S. dollars. The Company’s fiscal year-6end ~~Table~~is ofAugust ~~Contents~~31.

~~NOTE~~Use 2.of ~~SUMMARY~~Estimates ~~OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)~~

~~d) Foreign Currency Transactions~~ The ~~Company’s~~preparation ~~planned operations are outside~~ of ~~the~~financial ~~United~~statements ~~States, which results~~ in ~~exposure~~accordance towith ~~market~~accounting ~~risks~~principles ~~from~~generally ~~changes~~accepted in ~~foreign~~the ~~currency~~United ~~exchange~~States ~~rates.~~requires ~~The~~management ~~financial risk is the risk~~ to ~~the~~make ~~Company’s~~estimates ~~operations~~and assumptions that ~~arise~~affect ~~from fluctuations in foreign exchange rates and~~ the ~~degree~~reported ofamounts ~~volatility~~ of ~~these rates. Currently, the Company does not use derivative instruments to reduce its exposure to foreign currency risk. Nonmonetary~~ assets and liabilities ~~are~~and ~~translated~~disclosures atof ~~historical~~contingent ~~rates and monetary~~ assets and liabilities ~~are~~at ~~translated~~the atdate ~~exchange~~of ~~rates~~the infinancial ~~effect~~statements, atand the ~~end~~reported amounts of ~~the~~revenues ~~year. Revenues~~ and expenses ~~are~~during ~~translated~~the atreporting ~~average~~period. ~~rates~~Actual ~~for~~results ~~the~~could ~~year.~~differ ~~Gains~~from ~~and~~those ~~losses~~estimates. ~~from~~Significant ~~translation~~estimates ofinclude ~~foreign~~assumptions ~~currency~~about ~~financial~~the ~~statements~~valuation ~~into~~and ~~U.S.~~recognition ~~dollars~~of ~~are~~derivative ~~included~~liability, invaluation ~~current~~allowance ~~results~~for ofdeferred ~~operations~~tax assets.

e) Income Taxes Potential benefits of income tax losses are not recognized in the accounts until realization is more likely than not. The Company computes tax asset benefits for net operating losses carried forward. The potential benefits of net operating losses have not been recognized in these financial statements because the Company cannot be assured it is more likely than not it will utilize the net operating losses carried forward in future years.

f) Inventory Inventory is recorded at lower of cost or market; cost is computed on a first-in first-out basis. The inventory consisted of e-cigarettes, which were written down during the period ending August 31, 2016 as they were determined to be obsolete.

g) Revenue Recognition Revenue from the sale of goods is recognized when the following conditions are satisfied:

· The Company has transferred to the buyer the significant risks and rewards of ownership of the goods; · The Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; · The amount of revenue can be measured reliably; · It is probable that the economic benefits associated with the transaction will flow to the entity; and · The costs incurred or to be incurred in respect of the transaction can be measured reliably.

h) Earnings (Loss) Per Common Share (“EPS”) Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. At August 31, 2016, the Company had no potentially dilutive securities outstanding.

F-7

Table of Contents

i)Cash ~~Stock-Based Compensation Compensation costs attributable to stock options or similar equity instruments granted are measured at the fair value at the grant date,~~ and ~~expensed~~Cash ~~over the expected vesting period. We did not grant any stock options during the year ended August 31, 2016.~~Equivalents

~~j) Income Taxes~~ The Company ~~accounts~~considers ~~for~~all ~~income~~highly ~~taxes~~liquid ~~using~~instruments ~~the~~with ~~asset~~a ~~and~~maturity ~~liability~~of ~~method.~~three ~~The~~months ~~asset~~or ~~and~~less ~~liability~~at ~~method provides that deferred tax assets and liabilities are recognized for~~ the ~~expected~~time ~~future tax consequences~~ of ~~temporary~~issuance ~~differences~~to between the financial reporting and tax bases of assets and liabilities, and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using the currently enacted tax rates and laws that will be incash ~~effect when the differences are expected to reverse~~equivalents. ~~The Company records a valuation allowance to reduce deferred tax assets to the amount that is believed more likely than not to be realized.~~

k)Basic ~~Subsequent~~Income ~~Events~~(Loss) ~~The~~Per ~~Company has evaluated all transactions through the financial statement issuance date for subsequent disclosure consideration.~~Share

lBasic income (loss) ~~New~~per ~~Accounting~~share ~~Pronouncements~~is Incalculated ~~August~~by ~~2014,~~dividing the ~~Financial~~Company's ~~Accounting~~net ~~Standards~~loss ~~Board~~applicable ~~issued~~to ~~Accounting~~common ~~Standards~~shareholders ~~Update~~by ~~2014-15,~~the ~~Presentation~~weighted ofaverage ~~Financial~~number ~~Statements~~of -common ~~Going~~shares ~~Concern.~~during ~~The~~the ~~Update provides U~~period.S. ~~GAAP~~Diluted ~~guidance~~earnings onper ~~management’s~~share ~~responsibility in evaluating whether there~~ is ~~substantial~~calculated ~~doubt~~by ~~about~~dividing athe ~~company’~~Company's ~~ability~~net toincome ~~continue~~available ~~as a going concern and about related footnote disclosures. For each reporting period, management will be required~~ to ~~evaluate~~common ~~whether~~shareholders ~~there~~by ~~are~~the ~~conditions~~diluted orweighted ~~events~~average ~~that~~number ~~raise~~of ~~substantial~~shares ~~doubt~~outstanding ~~about~~during ~~a company’s ability to continue as a going concern within one year from~~ the ~~date the financial statements are issued~~year. The ~~amendments~~diluted inweighted ~~this~~average ~~Update~~number ~~are~~of ~~effective~~shares ~~for~~outstanding is the ~~annual~~basic ~~period~~weighted ~~ending~~number ~~after~~of ~~December~~shares ~~15,~~adjusted ~~2016, and~~ for ~~annual~~any ~~periods~~potentially ~~and~~dilutive ~~interim~~debt ~~periods~~or ~~thereafter~~equity. ~~The~~There ~~Company~~are isno ~~currently~~such ~~evaluating~~common ~~the~~stock ~~effects~~equivalents ofoutstanding ~~ASU~~as ~~2014-15~~at onAugust ~~the~~31, ~~consolidated~~2017, ~~financial~~or ~~statements~~2016.

~~NOTE~~Fair 3.Value ~~STOCKHOLDERS’~~of ~~EQUITY~~Financial Instruments

a) The Company’s ~~authorized~~measures ~~capital~~and ~~consists~~discloses ofthe ~~100,000,000~~estimated ~~shares~~fair value of ~~common~~financial ~~stock~~assets ~~with~~and aliabilities ~~par~~using the fair value ofhierarchy $0prescribed by US generally accepted accounting principles.~~00001~~ ~~and~~The ~~100,000,000~~fair ~~shares~~value ofis ~~preferred~~measured ~~stock~~based ~~with~~on a ~~par~~three-tier fair value ofhierarchy, ~~$0.00001.~~which b)prioritizes Onthe ~~May~~inputs 7,used ~~2014,~~in ~~25,000,000~~measuring ~~shares~~fair ofvalue ~~common~~as ~~stock~~follows: ~~were~~(Level ~~issued~~1) toobservable ~~the~~inputs ~~sole~~such ~~director~~as ofquoted ~~the~~prices ~~Company~~in atactive ~~$0.001~~markets; ~~per~~(Level ~~share~~2) ~~for~~inputs, ~~cash~~other ~~proceeds~~than ofthe ~~$25,000.~~quoted c)prices Onin ~~May~~active 22markets, ~~2015,~~that ~~the~~are ~~Company~~observable ~~issued~~either adirectly ~~total~~or ofindirectly; ~~10,763,339~~and ~~shares~~(Level of3) ~~common~~unobservable ~~shares~~inputs atin ~~$0.003~~which ~~per~~there ~~share~~is ~~for~~little ~~total~~or ~~cash~~no ~~proceeds~~market ~~of $32~~data,~~290~~ which require the reporting entity to develop its own assumptions.

The Company's financial instruments consist primarily of cash, accounts payable and accrued expenses, loans payable, convertible notes and derivative liabilities. The carrying amounts of such financial instruments approximate their respective estimated fair value due to the short-term maturities and approximate market interest rates of these instruments.

The Black-Scholes option valuation model was used to estimate the fair value of a convertible promissory note issued to an investor. The model includes subjective input assumptions that can materially affect the fair value estimates. The expected volatility is estimated based on the most recent historical stock price of the Company. There were no transfers into or out of “Level 3” during the years ended August 31, 2017.

The following table summarizes fair value measurements by level at August 31, 2017 and 2016 measured at fair value on a recurring basis:

August 31, 2017	Level 1		Level 2		Level 3		Total
Assets
None	$	-	$	-	$	-	$	-
Liabilities
Derivative liabilities	$	-	$	-	$	58,614	$	58,614

December 31, 2015

Level 1

Level 2

Level 3

Total

Assets

None

Liabilities

Derivative liabilities

F-8

Table of Contents

~~NOTE~~Embedded 4.Conversion ~~RELATED PARTY TRANSACTIONS~~Features

AsThe ofCompany ~~August,~~evaluates ~~2016~~embedded ~~and~~conversion ~~2015,~~features ~~the~~within ~~Company~~convertible ~~owed~~debt ~~$17~~under ASC 815,~~319~~ Derivatives and ~~$386~~Hedging, ~~respectively,~~ to ~~its~~determine ~~former~~whether ~~president~~the ~~and~~embedded ~~director,~~conversion ~~Ahmed~~feature(s) ~~Guled,~~should be bifurcated from the host instrument and accounted for ~~incorporation~~as ~~fees,~~a ~~product~~derivative ~~purchases,~~at ~~transfer~~fair ~~agent~~value ~~fees,~~with ~~and~~changes ~~travel~~in ~~expenses~~fair ~~that~~value herecorded ~~paid~~in ~~for~~income on(loss). If the ~~Company’s~~conversion ~~behalf. The~~feature ~~total~~does ~~amount~~not isrequire ~~unsecured~~derivative treatment under ASC 815, ~~non-interest~~the ~~bearing~~instrument is evaluated under ASC 470-20, ~~and~~Debt ~~has~~with noConversion ~~specific~~and ~~terms~~Other Options, for ~~repayment.~~consideration of any beneficial conversion feature.

~~NOTE~~Derivative 5.Financial ~~INCOME TAXES~~Instruments

The Company isdoes ~~subject~~not touse ~~United~~derivative ~~States~~instruments ~~federal~~to ~~income~~hedge ~~taxes~~exposures atto ancash ~~approximate~~flow, ~~rate~~market, ofor ~~35%~~foreign currency risks. The ~~reconciliation~~Company ofevaluates ~~the~~all ~~provision~~of ~~for~~its ~~income~~financial ~~taxes~~instruments, atincluding ~~the~~convertible ~~United~~debentures, ~~States~~stock ~~federal~~purchase ~~statutory~~warrants ~~rate~~and ~~compared~~stock options, to ~~the~~determine ~~Company’s~~if ~~income~~such ~~tax~~instruments ~~expense~~are asderivatives ~~reported~~or iscontain features that qualify as ~~follows:~~embedded derivatives.

	Year Ended August 31,2016			Year Ended August 31,2015
Income tax benefit computed at the statutory rate	$	10,944		$	16,060
Change in valuation allowance		(10,944	)	(16,060		)
Provision for income taxes	$	-		$	-

For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported as charges or credits to income (loss). For option-based simple derivative financial instruments, the Company uses the Black-Scholes option-pricing model to value the derivative instruments at inception and subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.

~~Significant~~Income ~~components of the Company’s deferred tax assets and liabilities as at August 31, 2016 after applying enacted corporate income tax rates, are as follows:~~Taxes

Net operating loss carry forwards	$	29,356
Less: valuation allowance	(29,356		)
Net deferred tax asset	$	-

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period the enactment occurs. A valuation allowance is provided for certain deferred tax assets if it is more likely than not that the Company will not realize tax assets through future operations.

AsSubsequent of August 31, 2016, the Company has unused net operating loss carry-forwards of $83,874 which will begin to expire in 2034. The Company provided a full valuation allowance to the deferred tax asset as of August 31, 2016 because it is not presently known whether future taxable income will be sufficient to utilize the loss carry-forwards.Events

The Company has evaluated all transactions from August 31, 2017 to the date that these financials were issued for disclosure consideration.

Recently Issued Accounting Pronouncements

In May 2014, the FASB issued guidance that requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. It also requires enhanced disclosures about revenue, provides guidance for transactions that were not previously addressed comprehensively, and improves guidance for multiple-element arrangements. The guidance applies to any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards. In July 2015, the FASB delayed the effective date of this guidance by one year. The guidance is now effective for public companies for annual periods beginning after December 15, 2017, as well as interim periods within those annual periods using either the full retrospective approach or modified retrospective approach. The Company is currently evaluating the impacts of the new guidance on its financial statements.

In February 2016, Topic 842, Leases was issued to replace the leases requirements in Topic 840, Leases. The main difference between previous GAAP and Topic 842 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous GAAP. A lessee should recognize in the balance sheet a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. If a lessee makes this election, it should recognize lease expense for such leases generally on a straight-line basis over the lease term. The accounting applied by a lessor is largely unchanged from that applied under previous GAAP. Topic 842 will be effective for annual reporting periods beginning after December 15, 2018, including interim periods within those annual periods and is to be retrospectively applied. Earlier application is permitted. The Company is currently evaluating this guidance and the impact it will have on its financial statements.

In November 2016, the Financial Accounting Standards Board (FASB) clarified the presentation and disclosure requirements of restricted cash. The amended standard requires entities to include restricted cash and restricted cash equivalents with cash and cash equivalents when reconciling beginning-of-period and end-of-period total cash. The amendments apply to all entities with restricted cash or restricted cash equivalents and are required to present a statement of cash flows. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The amendments are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The Company is currently evaluating this guidance and the impact it will have on its financial statements.

In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, to reduce complexity in the accounting for employee share-based payment transactions. One of the simplifications relates to forfeitures of awards. Under current GAAP, an entity estimates the number of awards for which the requisite service period is expected to be rendered and base the accruals of compensation cost on the estimated number of awards that will vest. This ASU permits an entity to make an entity-wide accounting policy election either to estimate the number of forfeitures expected to occur or to account for forfeitures in compensation cost when they occur. This ASU is effective for annual periods beginning after December 15, 2016, including interim periods within those annual periods. Earlier application is permitted. The Company has adopted the standard and does not expect this standard to have a material impact on its financial statements and disclosures.

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NOTE 6.3 ~~SUBSEQUENT~~- ~~EVENTS~~RELATED PARTY TRANSACTIONS

OnAs ~~October~~of 14August 31, 2017, and August 31, 2016, the Company owed $0 and $17,319, ~~Ahmed~~respectively, ~~Guled~~to ~~(the~~its ~~“Selling~~former ~~Stockholder”)~~president and ~~Linux~~director, ~~Labs~~for ~~Technologies,~~incorporation ~~Inc.~~fees, aproduct ~~Georgia~~purchases, ~~corporation~~transfer ~~entered~~agent ~~into~~fees, aand ~~Stock~~travel ~~Purchase~~expenses ~~Agreement,~~that ~~dated~~they ~~October~~paid ~~14,~~for ~~2016~~on (the ~~“Purchase~~Company’s ~~Agreement”)~~behalf. ~~Ms.~~The ~~Sparrow~~total ~~Marcioni~~amount was unsecured, non-interest bearing, and Mrhad no specific terms for repayment. ~~Steven~~On ~~James~~October ~~share~~18, ~~voting~~2016, the total amount owing to the former president and ~~dispositive~~director ~~control~~of ~~over~~$17,319 ~~Linux~~was ~~Labs~~forgiven onand arecorded ~~50/50~~as ~~basis~~additional paid-in capital.

~~Pursuant~~During to the ~~Purchase~~year ~~Agreement~~ended August 31, ~~Linux~~2017, ~~Labs~~the ~~purchased~~Company 25incurred ~~million~~management ~~shares~~consulting ofexpenses ~~common~~with ~~stock,~~two ~~par~~related ~~value~~parties for $0205,000.~~00001~~ ~~per~~As ~~share,~~ of ~~the~~August ~~Company~~31, ~~held~~2017, byamount ~~the~~owing ~~Selling~~to ~~Stockholder,~~these ~~representing~~related ~~approximately~~parties 69was $181,750.~~90%~~ ofThere ~~the~~is ~~issued~~no ~~and~~formal ~~outstanding~~agreement ~~shares~~between of the ~~Company's~~parties. ~~common~~The ~~stock,~~Company ~~and~~incurs the ~~Indebtedness~~expenses ~~(as~~on ~~defined~~a ~~below)~~month inby ~~consideration~~month ~~for~~basis andependent ~~aggregate~~on ~~purchase~~services ~~price~~required ofas ~~$50,000,~~needed. ~~consisting~~Amounts ofpaid ~~$10,000~~to inthe ~~cash~~parties ~~and~~during ~~promissory~~the ~~note,~~year inended ~~the~~August ~~principal~~31, ~~amount~~2017 ofwere $4023,~~000,~~250. ~~bearing~~The ~~interest~~consulting atexpenses ~~the~~were ~~rate~~related ofto 6%contract ~~per~~Chief ~~annum,~~Technical ~~maturing~~Officer onand ~~April~~Chief Executive ~~14,~~Officer ~~2017~~duties. ~~and~~No ~~secured~~other bycompensation ~~the~~was ~~Shares~~paid ~~pursuant~~ to aofficers ~~Stock~~of ~~Pledge Agreement, between~~ the ~~Linux Labs and the Selling Stockholder~~ Company.

~~Pursuant~~During tothe ayear ~~Debt~~ended ~~Purchase~~August ~~Agreement~~31, ~~dated~~2017, ~~October~~the ~~18,~~Company ~~2016~~borrowed $1,250 ~~among~~from ~~the~~its ~~Company,~~stockholder. ~~Selling~~The ~~Stockholder~~total ~~and~~amount ~~Linux~~is ~~Labs~~unsecured, ~~Linux~~non-interest ~~Labs~~bearing, ~~purchased~~and ~~indebtedness~~has ~~owed~~no ~~the~~specific ~~Selling~~terms ~~Stockholder~~for byrepayment. ~~the~~The Company inpaid $1,250 during the ~~aggregate~~year ~~amount~~ended August 31, 2017. As of ~~$18~~August 31,~~963~~ 2017, amount owed was $nil.

~~Upon~~NOTE ~~the~~4 ~~consummation~~- ofPROMISSORY ~~the Purchase Agreement and the transactions contemplated thereby, there was a change in control of the Company.~~NOTES

As of ~~October~~August 1431, ~~2016,~~2017 ~~a change of control of the Company occurred, new management was appointed~~ and ~~on October 18,~~ 2016, ~~the~~promissory ~~Company~~notes ~~established~~consist ~~a new wholly owned subsidiary, Sirrus Security Inc., a Georgia corporation. With the change~~ of ~~control and~~ the ~~formation of a wholly-owned subsidiary, the Company will now focus on cyber security.~~following:

On October 14, 2016, the Company entered into a Promissory Note Agreement for $25,000 with a third party unaffiliated lender. The Note bears interest at 8% per annum, and the principal amount and any interest thereon are due one year following the borrowing date.

	August 31,			August 31,
	2017			2016
Promissory Notes - originated in October 2016	$	25,000		$	-
Promissory Notes - originated in November 2016		3,000			-
Promissory Notes - originated in December 2016		3,810			-
Promissory Notes - originated in January 2017		50,000			-
Promissory Notes - originated in May 2017		100			-
Promissory Notes - originated in June 2017		5,000			-
Subtotal		86,910			-
Less: current portion of notes payable		(86,910	)		-
Long-term notes payable	$	-		$	-

On ~~November~~October 714, 2016, the Company entered into a ~~Promissory~~promissory ~~Note~~note ~~Agreement~~agreement for $325,000 ~~with a third party unaffiliated lender~~. The ~~Note~~promissory note bears interest at 8% ~~per annum~~, and ~~the~~matured ~~principal~~one year after issuance. As of August 31, 2017, an amount ~~and~~of ~~any~~$1,759 of interest ~~thereon~~was ~~are~~accrued. ~~due~~The ~~one~~note ~~year~~is ~~following~~unsecured, ~~the~~and ~~borrowing~~currently ~~date~~in default.

On ~~December~~November 97, 2016, the Company entered into a ~~Promissory~~promissory ~~Note~~note ~~Agreement~~agreement for $3,~~630~~000. ~~with~~The apromissory ~~third~~note ~~party~~bears ~~unaffiliated~~interest ~~lender.~~at ~~The~~8%, ~~Note~~and ismatured ~~non~~one ~~interest~~year ~~bearing,~~after ~~and~~issuance. ~~the~~As ~~principal~~of August 31, 2017, an amount isof ~~due~~$195 ~~thirty~~of ~~days~~interest ~~following~~was ~~the~~accrued. ~~borrowing~~The ~~date~~note is unsecured, and currently in default.

On December 9, 2016, the Company entered into a promissory note agreement for $3,810. The promissory note was non-interest bearing and matured in June 2017. On November 22, 2017, the loan was fully repaid.

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~~Item~~On 9January 18, 2017, the Company entered into a promissory note agreement for $50,000. ~~Changes~~The inpromissory note bears interest at 8%, and ~~Disagreements~~matures ~~With~~one ~~Accountants~~year onafter ~~Accounting~~issuance. ~~and~~As ~~Financial~~of ~~Disclosure~~August 31, 2017, an amount of $2,466 of interest was accrued.

~~There~~On ~~were~~May no11, ~~disagreements~~2017, ~~related~~the toCompany ~~accounting~~entered ~~principles~~into ora ~~practices,~~promissory ~~financial~~note ~~statement~~agreement ~~disclosure~~for $1,500. ~~internal~~The ~~controls~~promissory ornote ~~auditing~~is ~~scope~~non-interest orbearing ~~procedure~~and ~~during~~matured ~~the~~in ~~two~~June ~~fiscal~~2017. ~~years~~In ~~and~~July ~~interim~~2017, ~~periods~~the loan was fully repaid.

On May 31, 2017, the Company entered into a promissory note agreement for $1,100. The promissory note is non-interest bearing and matured in June 2017. In August 2017, a $1,000 loan repayment was made. The note is currently in default.

On June 8, 2017, the Company entered into a promissory note agreement for $5,000. The promissory note is non-interest bearing and matured in July 2017. In August 2017, a $1,000 loan repayment was made. The note is currently in default.

NOTE 5 – CONVERTIBLE NOTES PAYABLE

Convertible notes payable consisted of the following at August 31, 2017 and 2016:

	August 31		August 31
	2017		2016
Convertible Note - July 2017	$	26,250	$	-
Less debt discount and debt issuance cost		22,223		-
		4,027		-
Less current portion of convertible notes payable		4,027		-
Long-term convertible notes payable	$	-	$	-

The Company recognized amortization expense related to the debt discount and deferred financing fees of $4,027 for the year ended August 31, 2017, which is included in interest expense in the statements of operations.

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10% Convertible Note – July 2017

On July 6, 2017, the Company issued a 10% Convertible Note (the “10% Convertible Note”) in the principal amount of $26,250 for cash proceeds of $25,000 with $1,250 of financing costs. The 10% Convertible Note bears interest at the rate of 10% per annum and matures July 6, 2018. The holder is entitled to convert any portion of the outstanding and unpaid conversion amount into fully paid and non-assessable shares of common stock. The conversion price is 50% of the lowest trading price of the Common Stock for the twenty (20) trading days immediately prior to the applicable conversion date.

NOTE 6. DERIVATIVE LIABILITIES

The embedded conversion options of the Company’s convertible debentures described in Note 5 contain conversion features that are accounted for as derivative liabilities. The fair value of these liabilities will be re-measured at the end of every reporting period and the change in fair value will be reported in the statement of operations as a gain or loss on derivative financial instruments.

The Company uses Level 3 inputs for its valuation methodology for the derivative liabilities and embedded conversion option liabilities as their fair values were determined by using the Black-Scholes option pricing model based on various assumptions. The model incorporates the price of a share of the Company’s common stock (as quoted on NASDAQ), volatility, risk free rate, dividend rate and estimated life. Significant changes in any of these inputs in isolation would result in a significant change in the fair value measurement. As required, these are classified based on the lowest level of input that is significant to the fair value measurement. The following table shows the assumptions used in the calculations:

	Year Ended
	August 31, 2017
Expected term	0.85 year - 1 year
Expected average volatility	384% - 432%
Expected dividend yield		0%
Risk-free interest rate	1.18%-1.23%

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The following table summarizes the derivative liabilities included in the balance sheet at August 31, 2017:

Fair Value Measurements Using Significant Observable Inputs (Level 3)
Balance - August 31, 2016	$	-
Addition of new derivative liabilities upon issuance of convertible notes as debt discounts		25,000
Derivatives liabilities in excess of debt		31,266
Loss on change in fair value of the derivative liabilities		2,348
Balance – August 31, 2017	$	58,614

The following table summarizes the loss on derivative liability included in the income statement of operations for the year ended August 31, 2017.

	Year Ended
	August 31,
	2017
Day one loss due to derivative liabilities on convertible notes and warrants	$	(31,266	)
Loss on change in fair value of the derivative liabilities		(2,348	)
Total loss related to derivative liabilities	$	(33,614	)

NOTE 7 – CAPITAL STOCK

Preferred Stock

The Company is authorized to issue an aggregate of 100,000,000 shares of preferred stock with a par value of $0.00001 per share. As at August 31, 2017 and 2016, no preferred shares had been issued.

Common Stock

On November 22, 2017, the Company executed a written consent to approve the increase of the Company’s total authorized common shares from 200,000,000 shares to 8,000,000,000 shares with par value of $0.00001 per share and the execution of a forward split at the rate of forty shares for every one share then issued and outstanding. The outstanding shares have been restated retroactively to reflect the forward split for all periods presented.

As at August 31, 2017 and August 31, 2016, the Company had 1,430,533,560 shares of common stock issued and outstanding.

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NOTE 8 – PROVISION FOR INCOME TAXES

For the years ended August 31, 2017 and 2016, the Company had incurred net losses and, therefore, had no tax liability. The net deferred tax asset generated by the loss carry-forwards have been fully reserved. The cumulative net operating loss carry-forwards are approximately $613,163 at August 31, 2017 and will begin expiring in the year 2028.

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate of 35% to the net loss before provision for income taxes for the following reasons:

	August 31,			August 31,
	2017			2016
Income tax benefit at statutory rate	$	(214,607	)	$	(29,356	)
Valuation allowance		214,607			29,356
Income tax benefit per books	$	-		$	-

Utilization of the NOL carry forwards, which expire 20 years from when incurred, of approximately $613,163 for federal income tax reporting purposes, may be subject to an annual limitation due to ownership change limitations that may have occurred or that could occur in the future, as required by Section 382 of the Internal Revenue Code of 1986, as amended. These ownership changes may limit the amount of the NOL carry forwards that can be utilized annually to offset future taxable income and tax, respectively. In general, an "ownership change" results from a transaction or series of transactions over a three-year period resulting in an ownership change of more than 50 percentage points of the outstanding stock of a company by certain stockholders.

Tax returns for the years ended August 31, 2017 and 2016 are subject to review by the tax authorities.

NOTE 9 – SUBSEQUENT EVENTS

On November 20, 2017, the Company entered into a Securities Purchase Agreement (the “Agreement”) with Adar Bays, a Florida limited liability company (“Adar”), providing for the purchase of seven (7) convertible notes in the aggregate principal amount of $230,000, with the first note being in the amount of $68,000 and the remaining six notes being in the amount of $27,000 each (the “Back End Notes”). Each note bears interest at the rate of 8% per annum and matures on November 20, 2018. The first note of $68,000 has been received by the Company and the cash related to the remaining notes have not yet been received.

Each Back-End Note shall be paid for by an offsetting $27,000 promissory note issued to the Company by Adar on November 20, 2017 (collectively, the “Adar Promissory Notes”), provided that prior to the conversion of each Back-End Note, Adar must have paid off an Adar Promissory Note in cash. The first Adar Promissory Note matures on January 20, 2018 with each additional note maturing one month thereafter until June 20, 2018, unless the Company does not meet the “current public information” requirement pursuant to Rule 144, in which case both Adar Back-End Notes and the Adar Promissory Notes may both be cancelled. The Adar Promissory Notes are secured by the first note.

The above mentioned notes, at any time after 180 days, be converted all at a rate of fifty percent (50%) of the lowest closing bid price of the Common Stock as reported on the OTCQB, which the Company’s shares are traded, or any exchange upon which the Common Stock may be traded in the future, for the lower of (i) twenty (20) prior trading days immediately preceding the issuance date of the Note or (ii) the twenty (20) prior trading days including the day upon which a Notice of Conversion is received by the Company or its transfer agent.

On November 22, 2017, the Company filed a Certificate of Change with the Nevada Secretary of State in order to implement a forty-for-one (40:1) forward stock split for all issued and outstanding shares of the Company’s common stock, par value $0.00001) and a contemporaneous forty-for-one (40:1) increase in the number of shares of the Company’s authorized Common Stock from 200 million to 8 billion shares. The board of directors of the Company approved this corporate action by resolutions adopted at a meeting duly held on November 6, 2017. The forward split did not require stockholder approval. The forward split was effective for trading purposes at the market opening on November 28, 2017. All share amounts and per share amounts have been retroactively restated to reflect the forward stock split.

On December 7, 2017, the Board of Directors of the Company authorized 100,000,000 shares of a Series A Non-Convertible Preferred Stock and 100,000,000 shares of a Series B Convertible Preferred Stock.

On December 7, 2017, the Company entered into a Share Exchange Agreement (the “Exchange Agreement”) with Linux Labs Technologies, Inc., a Georgia corporation (“Linux”) of which the Company’s Chief Technology Officer and the Chief Executive Officer, President and Chairman of the Board of Directors having voting and dispositive control. Pursuant to the Exchange Agreement, Linux exchanged 500,000,000 shares of common stock of the Company for 100,000 shares of Series A Non-Convertible Preferred Stock and exchanged 200,000,000 shares of Common Stock of the Company for 2,000,000 shares of Series B Convertible Preferred Stock of the Company. The purpose of the transaction is for the Company to improve their capital structure. The approximate value of the shares issued to Linux was $980,000, based on 700,000,000 common shares valued at $.0014 which is the historical trading value of Sirrus’ common shares on December 7, 2017.

On December 12, 2017, the Company entered into a Management Services Agreement with the President, CEO, Secretary and Treasurer of the Company. In consideration for her services, the Company has agreed to pay $180,000 per year, accruing in increments of $15,000 per month. The Company also agreed to determine a commission structure and a restricted stock grant within 90 days of the agreement, and shall continue to pay or reimburse the President for a health insurance plan. The term of the Management Services Agreement is for one year, commencing on the date of the agreement, and is automatically renewable for successive one year terms unless mutually agreed to in writing.

On December 12, 2017, the Company entered into a Management Services Agreement with the Chief Technology Officer of the Company. In consideration for his services, the Company has agreed to pay $120,000 per year, accruing in increments of $10,000 per month. The Company also agreed to determine a commission structure and a restricted stock grant within 90 days of the agreement, and shall continue to pay or reimburse the CTO for a health insurance plan. The term of the Management Services Agreement is for one year, commencing on the date of the agreement, and is automatically renewable for successive one year terms unless mutually agreed to in writing.

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Table of Contents

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

There were no disagreements related to accounting principles or practices, financial statement disclosure, internal controls or auditing scope or procedure during the two fiscal years and interim periods.

Item 9A. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in the reports filed under the Exchange Act is accumulated and communicated to management, including our chief executive officer and chief financial officer (our principal executive officer, principal financial officer and principal accounting officer). We carried out an evaluation, under the supervision and with the participation of our management, including our president (our principal executive officer, principal financial officer and principal accounting officer), of the effectiveness of the design and operation of our disclosure controls and procedures as of August 31, ~~2016~~2017. Based upon the evaluation of our disclosure controls and procedures as of the August 31, ~~2016~~2017, ~~principal~~our ~~executive~~management ~~officer, principal financial officer~~ concluded that our disclosure controls and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting which is identified below, and we view as an integral part of our disclosure controls and procedures.

Management’s Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Rule 13a-15(f). Our internal control over financial reporting is a process designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America.

Our internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with accounting principles generally accepted in the United States of America, and our receipts and expenditures of are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal controls over financial reporting may not prevent or detect misstatements. All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error and the circumvention of overriding controls. Accordingly, even effective internal control over financial reporting can provide only reasonable assurance with respect to financial statement preparation. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

21 Table of Contents

The material weakness relates to the lack of segregation of duties in our financial reporting process and our utilization of outside third party consultants. We do not have a separately designated audit committee. This weakness is due to our lack of sufficient working capital to hire additional staff. To remedy this material weakness, we intend to engage an internal accounting staff to assist with financial reporting as soon as our finances will allow.

Changes inIn Internal ~~Control~~Controls Over Financial Reporting

There ~~has~~have been ano ~~change~~changes in ~~management~~our ofinternal ~~the~~control ~~company.~~over Asfinancial ofreporting ~~October~~that ~~14,~~occurred ~~2016.~~during ~~Ms.~~the ~~Sparrow~~last ~~Marcioni~~fiscal isquarter ~~the~~for ~~new~~our ~~Chief~~fiscal ~~Executive~~year ~~Officer,~~ended ~~President~~August 31, ~~Secretary~~2017 ~~and~~that ~~Treasurer~~have ofmaterially ~~the~~affected, ~~company~~or ~~and~~are ~~Steven~~reasonably ~~James~~likely isto ~~the~~materially ~~new~~affect, ~~Chief~~our ~~Technology~~internal ~~Officer~~control ofover ~~the~~financial ~~company~~reporting.

Item 9B. Other Information

None.

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PART III

Item 10. Directors, Executive Officers and Corporate Governance

All directors of ~~the~~ our company hold office until the next annual meeting of the security holders or until their successors have been elected and qualified. The officers of ~~the~~ our company are appointed by our board of directors and hold office until their death, resignation or removal from office. Our directors and executive officers, their ages, positions held, and duration as such, are as follows:

Name	Position Held with the Company	Age	Date First Elected or Appointed
Sparrow Marcioni	President, Chief Executive Officer, Secretary, Treasurer and Director	5960	October 14, 2016
Steven James	Chief Technology Officer	5051	October 14, 2016

Business Experience

The following is a brief account of the education and business experience during at least the past five years of each director, executive officer and key employee of our company, indicating the person’s principal occupation during that period, and the name and principal business of the organization in which such occupation and employment were carried out.

Sparrow Marcioni - President, Chief Executive Officer, Secretary, Treasurer and Director

Ms. Marcioni has acted as President, Chief Executive Officer, Secretary, Treasurer and Director of our company since October 14, 2016. Ms. Marcioni has been serving as Chief Executive Officer of Linux Labs International Inc. for the past 10 years (2006-2016). Linux Labs International is a cluster computing company that also does high level software and hardware development. Ms. Marcioni also served as President for BlueShift Wireless Inc., a company that built wireless access points and software for wireless applications, from 2007 to 2011.

Our company believes that Ms. Marcioni's professional background experience gives her the qualifications and skills necessary to serve as a director and officer of our company.

Steven James – Chief Technology Officer

Mr. James has acted as our Chief Technology Officer since October 14, 2016. Mr. James has also been serving as the Chief Technology Officer of Linux Labs International Inc. for the past 10 years (2006-2016). Mr. James contributed intellectual property and has completed many client driven software and hardware development projects for Linux Labs International, including their proprietary NimbusOS. His expertise is in security related products and services.

21Our ~~Table~~company believes that Mr. James' professional background experience gives him the qualifications and skills necessary to serve as an officer of ~~Contents~~our company.

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Term of Office

Our directors are appointed for a one-year term to hold office until the next annual general meeting of our stockholders or until removed from office in accordance with our bylaws. Our officers are appointed by our board of directors and hold office until removed by the board.

All officers and directors listed above will remain in office until the next annual meeting of our stockholders, and until their successors have been duly elected and qualified. There are no agreements with respect to the election of Directors. We have not compensated our Directors for service on our Board of Directors, any committee thereof, or reimbursed for expenses incurred for attendance at meetings of our Board of Directors and/or any committee of our Board of Directors. Officers are appointed annually by our Board of Directors and each Executive Officer serves at the discretion of our Board of Directors. We do not have any standing committees. Our Board of Directors may in the future determine to pay Directors’ fees and reimburse Directors for expenses related to their activities.

Employment Agreements

We ~~have~~had no formal employment agreements with any of our directors or officers. as of August 31, 2017.

Family Relationships

There are no family relationships between any of our directors, executive officers and proposed directors or executive officers.

Involvement in Certain Legal Proceedings

To the best of our knowledge, none of our directors or executive officers has, during the past ten years:

1. been convicted in a criminal proceeding or been subject to a pending criminal proceeding (excluding traffic violations and other minor offences); 2. had any bankruptcy petition filed by or against the business or property of the person, or of any partnership, corporation or business association of which he was a general partner or executive officer, either at the time of the bankruptcy filing or within two years prior to that time; 3. been subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction or federal or state authority, permanently or temporarily enjoining, barring, suspending or otherwise limiting, his involvement in any type of business, securities, futures, commodities, investment, banking, savings and loan, or insurance activities, or to be associated with persons engaged in any such activity; 4. been found by a court of competent jurisdiction in a civil action or by the SEC or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated; 5. been the subject of, or a party to, any federal or state judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated (not including any settlement of a civil proceeding among private litigants), relating to an alleged violation of any federal or state securities or commodities law or regulation, any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order, or any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or 6. been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26)), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29)), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

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been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26)), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29)), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

Compliance with Section 16(A) of the Securities Exchange Act of 1934

Our common stock is not registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Accordingly, our executive officers, and directors, and ~~principal~~persons ~~stockholders~~who own more than 10% of a registered class of our equity securities are not subject to the beneficial ownership reporting requirements of Section 16(a1) of the Exchange Act.

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Code of Ethics

AsWe ofhave ~~the~~not ~~date~~adopted a code of ~~this~~ethics ~~Annual~~that ~~Report~~applies to our principal executive officer, weprincipal financial officer, principal accounting officer or controller. We only have one officer and director and do not ~~adopted~~believe we need a ~~Code~~code of ~~Ethics~~ethics at this time.

Board and Committee Meetings

Our board of directors held no formal meetings during the year ended August 31, ~~2016~~2017. All proceedings of the board of directors were conducted by resolutions consented to in writing by all the directors and filed with the minutes of the proceedings of the directors. Such resolutions consented to in writing by the directors entitled to vote on that resolution at a meeting of the directors are, according to the Nevada General Corporate Law and our Bylaws, as valid and effective as if they had been passed at a meeting of the directors duly called and held.

Nomination Process

As of August 31, ~~2016~~2017, we did not effect any material changes to the procedures by which our shareholders may recommend nominees to our board of directors. Our board of directors does not have a policy with regards to the consideration of any director candidates recommended by our shareholders. Our board of directors has determined that it is in the best position to evaluate our company’s requirements as well as the qualifications of each candidate when the board considers a nominee for a position on our board of directors. If shareholders wish to recommend candidates directly to our board, they may do so by sending communications to the president of our company at the address on the cover of this annual report.

Audit Committee

Currently our audit committee consists of our entire board of directors. We do not have a standing audit committee as we currently have limited working capital and nominimal revenues. Should we be able to raise sufficient funding to execute our business plan, we will form an audit, compensation committee and other applicable committees utilizing our directors’ expertise.

Audit Committee Financial Expert

Currently our audit committee consists of our entire board of directors. We do not currently have a director who is qualified to act as the head of the audit committee.

Item 11. Executive Compensation

The particulars of the compensation paid to the following persons:

(a) our principal executive officer; (b) each of our two most highly compensated executive officers who were serving as executive officers at the end of the years ended August 31, 2016 and 2015; and (c) up to two additional individuals for whom disclosure would have been provided under (b) but for the fact that the individual was not serving as our executive officer at the end of the years ended August 31, 2016 and 2015, who we will collectively refer to as the named executive officers of our company, are set out in the following summary compensation table, except that no disclosure is provided for any named executive officer, other than our principal executive officers, whose total compensation did not exceed $100,000 for the respective fiscal year:

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SUMMARY COMPENSATION TABLE

(b)

each of our two most highly compensated executive officers who were serving as executive officers at the end of the years ended August 31, 2017 and 2016; and

Name and Principal Position

Year

Salary($)

Bonus($)

Stock Awards($)

Option Awards($)

Non-Equity Incentive Plan Compensa-tion($)

Change in PensionValue and Nonqualified Deferred Compensa-tion Earnings($)

AllOther Compensa-tion($)

Total($)

(c)

up to two additional individuals for whom disclosure would have been provided under (b) but for the fact that the individual was not serving as our executive officer at the end of the years ended August 31, 2017 and 2016, who we will collectively refer to as the named executive officers of our company, are set out in the following summary compensation table, except that no disclosure is provided for any named executive officer, other than our principal executive officers, whose total compensation did not exceed $100,000 for the respective fiscal year:

Ahmed Guled(1) Former Director and Former President, CFO,

2016

Nil

Treasurer and Secretary

2015

Nil

SUMMARY COMPENSATION TABLE

Name and Principal Position

Year

Salary
($)

Bonus
($)

Stock
Awards
($)

Option Awards
($)

Non-Equity Incentive Plan Compensation ($)

Change in Pension
Value and Nonqualified Deferred Compensation Earnings
($)

All
Other Compensation
($)

Total
($)

Sparrow Marcioni⁽¹⁾

President, Chief Executive Officer,

2017

Nil

105,000

Secretary and Treasurer

2016

N/A

Ahmed Guled⁽¹⁾

Former Director and

Former President, CFO,

2017

Nil

Treasurer and Secretary

2016

Nil

__________

(1) Mr. Guled resigned as president, secretary/treasurer, chief financial officer and chairman of the board of directors of our company on October 14, 2016.

⁽¹⁾	Ms. Marcioni was appointed president, Chief executive officer, secretary, treasurer and director of our company on October 14, 2016.
⁽²⁾	Mr. Guled resigned as president, secretary/treasurer, chief financial officer and chairman of the board of directors of our company on October 14, 2016.

There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive share options at the discretion of our board of directors in the future. We do not have any material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that share options may be granted at the discretion of our board of directors.

Grants of Plan-Based Awards

During the fiscal year ended August 31, ~~2016,~~2017 we did not grant any stock options.

Outstanding Equity Awards at Fiscal Year End

As of August 31, 2016, we had no outstanding equity awards.

Option Exercises and Stock Vested

During our fiscal year ended August 31, ~~2016,~~2017 there were no options exercised by our named officers.

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Compensation of Directors

We do not have any agreements for compensating our directors for their services in their capacity as directors, although such directors are expected in the future to receive stock options to purchase shares of our common stock as awarded by our board of directors.

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Pension, Retirement or Similar Benefit Plans

There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. We have no material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of the board of directors or a committee thereof.

Indebtedness of Directors, Senior Officers, Executive Officers and Other Management

None of our directors or executive officers or any associate or affiliate of our company during the last two fiscal years, is or has been indebted to our company by way of guarantee, support agreement, letter of credit or other similar agreement or understanding currently outstanding.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table sets forth, as of November 2528, ~~2016~~2017, certain information with respect to the beneficial ownership of our common and preferred shares by each shareholder known by us to be the beneficial owner of more than 5% of our common and preferred shares, as well as by each of our current directors and executive officers as a group. Each person has sole voting and investment power with respect to the shares of common and preferred stock, except as otherwise indicated. Beneficial ownership consists of a direct interest in the shares of common and preferred stock, except as otherwise indicated.

Name and Address of Beneficial Owner	Amount and Nature ~~ofBeneficial~~of Beneficial Ownership	~~Percentageof~~Percentage of Class(1)
Linux Labs Technologies Inc. (2)2000 Riveredge Pkwy. NW, Suite 885 Atlanta, GA, 30328	25,000,000(3)Common Shares	69.90%
Linux Labs Technologies Inc.(2) 2000 Riveredge Pkwy. NW, Suite 885 Atlanta, GA, 30328	25,000,000(3) Common Shares	69.90%
	25,000,000 Common Shares	69.90%

_____________

(1)	Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares). In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding on November 2528, ~~2016~~2017. As of November 2528, ~~2016~~2017 there were 35,763,339 shares of our company’s common stock issued and outstanding.
(2)	Linux Labs Technologies, Inc. is a company over which Sparrow Marcioni and Steven James, both officers and directors of our company, share voting and dispositive power on a 50/50 basis.
(3)	The Common Shares were acquired from Ahmed Guled, the previous President and CEO.

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Changes in Control

We are unaware of any contract or other arrangement or provisions of our Articles or Bylaws the operation of which may at a subsequent date result in a change of control of our company. There are not any provisions in our Articles or Bylaws, the operation of which would delay, defer, or prevent a change in control of our company.

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~~Except~~No ~~as disclosed herein, no~~ director, executive officer, shareholder holding at least 5% of shares of our common stock, or any family member thereof, had any material interest, direct or indirect, in any transaction, or proposed transaction since the year ended August 31, ~~2016~~2017, in which the amount involved in the transaction exceeded or exceeds the lesser of $120,000 or one percent of the average of our total assets at the year-end for the last ~~two~~three completed fiscal years.

Director Independence

We currently act with one ~~director~~directors, consisting of Sparrow Marcioni. We have determined that we do not have an independent director, as that term is used in Rule 4200(a)(15) of the Rules of National Association of Securities Dealers.

We have determined that we do not have an independent director, as that term is used in Rule 4200(a) (15) of the Rules of National Association of Securities Dealers.

Currently our audit committee consists of our entire board of directors. We currently do not have nominating, compensation committees or committees performing similar functions. There has not been any defined policy or procedure requirements for shareholders to submit recommendations or nomination for directors.

From inception to present date, we believe that the members of our audit committee and the board of directors have been and are collectively capable of analyzing and evaluating our financial statements and understanding internal controls and procedures for financial reporting.

Item 14. Principal Accounting Fees and Services

The aggregate fees billed for the most recently completed fiscal year ended August 31, ~~2016~~2017 and for fiscal year ended August 31, ~~2015~~2016 for professional services rendered by the principal accountant for the audit of our annual financial statements and review of the financial statements included in our quarterly reports on Form 10-Q and services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for these fiscal periods were as follows:

	Year Ended
	August 31,2016		August 31,2015
	August 31, 2017		August 31, 2016
Audit Fees	$	1112,~~700~~000	$	1211,~~800~~700
Audit Related Fees	~~Nil~~	Nil	~~Nil~~	Nil
Tax Fees	~~Nil~~	Nil	~~Nil~~	Nil
All Other Fees	~~Nil~~	Nil	~~Nil~~	Nil
Total	$	1112,~~700~~000	$	1211,~~800~~700

Our board of directors pre-approves all services provided by our independent auditors. All of the above services and fees were reviewed and approved by the board of directors either before or after the respective services were rendered.

Our board of directors has considered the nature and amount of fees billed by our independent auditors and believes that the provision of services for activities unrelated to the audit is compatible with maintaining our independent auditors’ independence.

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PART IV

Item 15. Exhibits, Financial Statement Schedules

(a)	Financial Statements

(1) Financial statements for our company are listed in the index under Item 8 of this document.

	(1)	Financial statements for our company are listed in the index under Item 8 of this document.

	(2)	All financial statement schedules are omitted because they are not applicable, not material or the required information is shown in the financial statements or notes thereto.

(2) All financial statement schedules are omitted because they are not applicable, not material or the required information is shown in the financial statements or notes thereto.

(b)

Exhibits

Exhibit Number		Description
(3)		Articles of Incorporation and Bylaws
3.1		Articles of Incorporation (Incorporated by reference to our Registration Statement on Form S-1 filed on November 3, 2014)
3.2		Bylaws (Incorporated by reference to our Registration Statement on Form S-1 filed on November 3, 2014)
(10)		Material Contracts
10.1		Stock Purchase Agreement, dated October 14, 2016 by and among Sirrus Corp., Ahmed Guled and Linux Labs Technologies, Inc. (Incorporated by reference to our Current Report on Form 8-K filed on October 20, 2016)
10.2		6% Promissory Note, dated October 14, 2016, of Linux Labs Technologies, Inc. for the benefit of Ahmed Guled (Incorporated by reference to our Current Report on Form 8-K filed on October 20, 2016)
10.3		Stock Pledge Agreement, dated October 14, 2016, between Linux Labs Technologies, Inc., as Pledgor, and Ahmed Guled, as Pledgee (Incorporated by reference to our Current Report on Form 8-K filed on October 20, 2016)
10.4		Debt Assumption Agreement, dated October 14, 2016, by and between Sirrus Corp., as Delegator, Linux Labs Technologies Inc., as Delegatee, and Ahmed Guled, as Obligee (Incorporated by reference to our Current Report on Form 8-K filed on October 20, 2016)
10.5		Management Services Agreement between Sirrus Corp. and Steven James
10.6		Management Services Agreement between Sirrus Corp. and Sparrow Marcioni
(21)		Subsidiaries of the Registrant
21.1		Sirrus Security, Inc. a Georgia corporation
(31)		Rule 13a-14 (d)/15d-14d) Certifications
31.1*		Section 302 Certification by the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
(32)		Section 1350 Certifications
32.1*		Section 906 Certification by the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
32.1**		Section 906 Certification by the Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer
101*		Interactive Data File
101**		Interactive Data File
101.INS		XBRL Instance Document
101.SCH		XBRL Taxonomy Extension Schema Document
101.CAL		XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF		XBRL Taxonomy Extension Definition Linkbase Document
101.LAB		XBRL Taxonomy Extension Label Linkbase Document
101.PRE		XBRL Taxonomy Extension Presentation Linkbase Document

~~___________~~_________

* Filed herewith. ** Furnished herewith

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

		SIRRUS CORP.
		(Registrant)
Dated: December 14, 2016		/s/ Sparrow Marcioni
Dated: December 14, 2017		/s/ Sparrow Marcioni
		Sparrow Marcioni
		President, Chief Executive Officer, Secretary, Treasurer and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Dated: December 14, 2016		/s/ Sparrow Marcioni
Dated: December 14, 2017		/s/ Sparrow Marcioni
		Sparrow Marcioni
		President, Chief Executive Officer, Secretary, Treasurer and Director
		(Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer)

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