Transition report pursuant to Rule 13a-10 or 15d-10

Note 10 - Stockholders' Deficit (Tables)

v3.19.2
Note 10 - Stockholders' Deficit (Tables)
4 Months Ended
Dec. 31, 2018
Stockholders' Equity Note [Abstract]  
Schedule of Warrants or Rights Shares Authorized, by Exercise Price Range [Table Text Block]
The following table summarizes the significant terms of warrants outstanding at December 31, 2018:

Range of

exercise

Prices

 

 

Number of

warrants

Outstanding

 

 

Weighted

average

remaining

contractual

life (years)

 

 

Weighted

average

exercise

price of

outstanding

Warrants

 

 

Number of

warrants

Exercisable

 

 

Weighted

average

exercise

price of

exercisable

Warrants

 

$

3.90

 

 

 

700,000

 

 

 

1.96

 

 

$

3.90

 

 

 

700,000

 

 

$

3.90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total 

 

 

 

700,000

 

 

 

1.96

 

 

$

3.90

 

 

 

700,000

 

 

$

3.90

 

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
Transactions involving warrants are summarized as follows:

   

Number of

   

Weighted Average

 
   

Warrants

   

Exercise Price

 

Warrants outstanding at August 31, 2016

    -     $ -  

Issued

    -       -  

Exercised

    -       -  

Cancelled / Expired

    -       -  

Warrants outstanding at August 31, 2017

    -       -  

Issued

    1,040,554     $ 0.26  

Exercised

    -          

Cancelled / Expired

    (576,923

)

    0.26  

Warrants outstanding at August 31, 2018

    463,631     $ 0.26  

Issued

    700,000       3.90  

Exercised

               

Cancelled / Expired

    (463,631

)

    0.26  
                 

Warrants outstanding at December 31, 2018

    700,000     $ 3.90  
Share-based Payment Arrangement, Option, Exercise Price Range [Table Text Block]
The following table summarizes the significant terms of options outstanding at December 31, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

Weighted

 

 

average

 

 

 

 

 

 

average

 

 

 

 

 

 

 

 

 

average

 

 

exercise

 

 

 

 

 

 

exercise

 

Range of

 

 

Number of

 

 

remaining

 

 

price of

 

 

Number of

 

 

price of

 

exercise

 

 

options

 

 

contractual

 

 

outstanding

 

 

options

 

 

exercisable

 

prices

 

 

outstanding

 

 

life (years)

 

 

options

 

 

exercisable

 

 

options

 

$

6.76

 

 

 

38,462

 

 

 

4.98

 

 

$

6.76

 

 

 

0

 

 

 

N/A

 

Share-based Payment Arrangement, Option, Activity [Table Text Block]
Transactions involving options are summarized as follows:

   

Number of

   

Weighted Average

 
   

Options

   

Exercise Price

 

Options outstanding at August 31, 2016

    -     $ -  

Granted

    -       -  

Exercised

    -       -  

Cancelled / Expired

    -       -  

 Options outstanding at August 31, 2017

    -     $ -  

Granted

    -       -  

Exercised

    -       -  

Cancelled / Expired

    -       -  

Options outstanding at August 31, 2018

    -     $ -  

Granted

    38,462       6.76  

Exercised

    -       -  

Cancelled / Expired

    -       -  
                 

Options outstanding at December 31, 2018

    38,462     $ 6.76