Annual report pursuant to Section 13 and 15(d)

Note 11 - Fair Value of Financial Instruments (Tables)

v3.5.0.2
Note 11 - Fair Value of Financial Instruments (Tables)
12 Months Ended
Aug. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following summarized the Company’s financial liabilities that are recorded at fair value on a recurring basis at August 31, 2016 and 2015.

 
August 31, 2016
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Liabilities
               
Derivative liabilities
 
$
-
   
$
-
   
$
254,952
   
$
254,952
 
 
August 31, 2015
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Liabilities
               
Derivative liabilities
 
$
-
   
$
-
   
$
-
   
$
-