Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Derivative Liability (Tables)

v3.19.1
Note 8 - Derivative Liability (Tables)
6 Months Ended
Feb. 28, 2019
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 six months ended February 28, 2019:

   

Derivative

 
   

Liability

 

Liabilities Measured at Fair Value

       
         

Balance as of August 31, 2017

  $ 312,878  
         

Issuances

    1,565,487  
         

Conversions / redemptions

    (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

    6,331,058  
         

Revaluation gain

    (4,212,621

)

         

Conversion / redemptions

    (2,003,390

)

         

Balance as of February 28, 2019

  $ 2,432,459  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
   

November 30,

   

August 31,

 

Assumption

 

2018

   

2018

 

Expected dividends:

    0

%

    0

%

Expected volatility:

    155.0

%

    121.1– 248.8

%

Expected term (years):

    5.00       0.21–1.00  

Risk free interest rate:

    2.99

%

    0.97–2.08

%

Stock price

  $ 5.46     $ 9.10–28.86