Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.21.2
Long-Term Debt (Tables)
 12 Months Ended
Aug. 31, 2019
Debt Disclosure [Abstract]  
Schedule of long-term debt
              Principal
due		     Principal
due		  
Lender   Maturity Date   Interest
Rate		     August 31,
2019		     August 31,
2018		  
                       
Private lenders   January 15, 2020     10.00 %     200,000       200,000  
Private lenders   January 1, 2020     5.00 %     567,230       632,512  
Private lenders  

September 17, 2019

     10.00 %     100,000       -  
Private lenders   July 28, 2020     10.00 %     -       120,900  
Private lenders   August 31, 2020     5.00 %     -       70,900  
Equipment loans   April 20, 2020 –
November 7, 2021		     4.30 - 12.36 %     405,628       602,239  
                             
                $ 1,272,858     $ 1,626,551  
Schedule maturity date of the long term debt
    August 31,
2019		     August 31,
2018		  
             
Principal classified as repayable within one year   $ 1,057,163     $ 1,027,569  
Principal classified as repayable later than one year     215,695       598,982  
                 
    $ 1,272,858     $ 1,626,551