Common Shares |
12 Months Ended | ||||||||||||||||||||||||||||
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Aug. 31, 2020 | |||||||||||||||||||||||||||||
| Common Shares [Abstract] | |||||||||||||||||||||||||||||
| COMMON SHARES |
Between September 19, 2019 and August 20, 2020, the Company issued 19,853,808 common shares and 1,111,111 warrants to certain lenders to settle $909,288 of unpaid principal and interest on promissory notes and convertible debt.
Between September 24, 2019 and August 20, 2020, the Company issued 8,540,789 common shares to several vendors in settlement of $2,055,083 of trade debt.
Between September 19, 2019 and August 24, 2020, the Company issued 39,001,185 common shares to various investors for net proceeds of $3,733,824.
Between May 8, 2020 and August 4, 2020, in terms of conversion notices received, the Company issued 28,016,435 common shares for convertible debt in the aggregate sum of $410,140.
Between September 24, 2019 and May 21, 2020, the Company issued 190,000 shares valued at $38,193 as compensation for professional services and labor rendered to the Company.
On October 28, 2019, the Company issued 250,000 shares valued at $75,000 to settle the outstanding investment obligation in Petrobloq.
On August 20, 2020, the company issued 2,356,374 common shares to a related party to settle debt in the aggregate sum of $92,255. |
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- References No definition available.
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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