Note 1 - Nature of Business and Significant Accounting Policies (Tables)
|12 Months Ended|
Aug. 31, 2018
|Accounting Policies [Abstract]|
|Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]||
The basic net loss per common share is computed by dividing the net loss by the weighted average number of common stock outstanding. Diluted net loss per common share is computed by dividing the net loss adjusted on an “as if converted” basis, by the weighted average number of common stock outstanding plus potential dilutive securities. At August 31, 2018 and 2017, there were 41,418,732 and 1,150,368 shares issuable, respectively, pursuant to our convertible notes, warrants, and convertible preferred stock. These shares were not included in the calculation of diluted loss per share because the effect would be anti-dilutive.
Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef