Annual report pursuant to Section 13 and 15(d)

Note 12 - Fair Value of Financial Instruments (Tables)

v3.8.0.1
Note 12 - Fair Value of Financial Instruments (Tables)
12 Months Ended
Aug. 31, 2017
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, 2017 and 2016.

 
 
August 31, 2017
 
 
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Liabilities
                       
Derivative liabilities
 
$
-
   
$
-
   
$
312,878
   
$
312,878
 
 
 
August 31, 2016
 
 
 
Level 1
   
Level 2
   
Level 3
   
Total
 
Liabilities
                       
Derivative liabilities
 
$
-
   
$
-
   
$
254,952
   
$
254,952