Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Stockholders' Equity (Tables)

v3.8.0.1
Note 9 - Stockholders' Equity (Tables)
 6 Months Ended
Feb. 28, 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 February 28, 2018. These warrants may be settled in cash and, unless the underlying shares are registered, via cashless conversion, into shares of the Company’s common stock at the request of the warrant holder. These warrants were granted as part of the February 2018 Convertible Note (See Note7):

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
  
$
0.01
      
500,000
      
4.97
    
$
0.01
      
500,000
    
$
0.01
  
                                             
         
500,000
      
4.97
    
$
0.01
      
500,000
    
$
0.01
  
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, 2017
    
-
    
$
-
  
 
                
Granted
    
500,000
      
0.01
  
Exercised
    
-
    
$
-
  
Cancelled / Expired
    
-
      
-
  
 
                
Warrants outstanding at February 28, 2018
    
500,000
    
$
0.01