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

Note 8 - Derivative Liability (Tables)

v3.19.2
Note 8 - Derivative Liability (Tables)
4 Months Ended
Dec. 31, 2018
Disclosure Text Block [Abstract]  
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following schedule shows the change in fair value of the derivative liabilities for the period ended December 31, 2018, August 31, 2018 and August 31, 2017:

   

Derivative

 
   

Liability

 

Liabilities Measured at Fair Value

       
         

Balance as of August 31, 2016

  $ 254,952  
         

Issuances

    685,139  
         

Redemptions / conversions

    (1,015,757

)

         

Revaluation loss

    388,544  
         

Balance as of August 31, 2017

  $ 312,878  
         

Issuances

    1,565,487  
         

Redemptions / conversions

    (1,207,308

)

         

Reclass from sale of discontinued operations

    1,601,007  
         

Revaluation loss

    45,348  
         

Balance as of August 31, 2018

  $ 2,317,412  
         

Issuances

    6,244,548  
         

Redemptions / conversions

    -  
         

Revaluation loss

    1,135,345  
         

Balance as of December 31, 2018

  $ 7,379,893  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
Derivative liabilities incurred during the period ended August 31, 2018 were valued based upon the following assumptions and key inputs:

   

August 31,

   

August

 

Assumption

 

2018

   

2017

 

Expected dividends:

    0

%

    0

%

Expected volatility:

    121.1-246.8

%

    37.8-276.9

%

Expected term (years):

 

0.21-1.00 years

   

0.04-0.50 years 

 

Risk free interest rate:

    0.97-2.08.

%

    0.26-0.98

%

Stock price

  $ 0.35-1.11     $ 0.51-1.97