Common Shares |
9 Months Ended | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 31, 2021 | ||||||||||||||||||||||
| Common Shares [Abstract] | ||||||||||||||||||||||
| COMMON SHARES |
Between September 21, 2020 and December 10, 2020, the Company issued 71,632,237 common shares to certain lenders to settle $3,433,200 of trade debt, including a loss realized thereon of $48,283.
On November 13, 2020, February 4, 2021 and April 28, 2021, the Company issued 7,416,666, 1,032,475 and 2,166,665 shares of common stock, respectively, to various investors for net proceeds of $636,949.
On January 25 2021, the Company issued 1,000,000 restricted shares to its COO as part of his compensation package.
Between October 1, 2020 and May 28, 2021, in terms of conversion notices received, the Company issued 124,411,895 shares of common stock for convertible debt in the aggregate sum of $5,272,002, realizing a loss thereon of $397,090.
On September 17, 2020 and December 9, 2020, warrants were exercised for 2,268,169 and 1,176,470 shares, respectively at an exercise price of $0.03 per share for gross proceeds of $103,339. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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
|