Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Loss and Comprehensive Loss

v3.21.4
Condensed Consolidated Statements of Loss and Comprehensive Loss - USD ($)
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Income Statement [Abstract]    
Revenue from Licensing fees $ 2,000,000
Production and maintenance costs (284,953) (345,286)
Gross (Loss) Profit (284,953) 1,654,714
Expenses    
Depreciation, depletion and amortization 11,382 11,523
Selling, general and administrative expenses 1,393,754 1,044,857
Financing costs 626,018 621,387
Mark to market of derivative liability (52,420) (156,998)
Other expense (income), net 281,561 544,459
Total Expenses, net 2,260,295 2,065,228
Net loss before income taxes 2,545,248 410,514
Income tax expense
Net loss and Comprehensive loss $ 2,545,248 $ 410,514
Weighted Average Number of Shares Outstanding (in Shares) 595,287,088 302,133,325
Basic and Diluted Loss per Share (in Dollars per share) $ 0 $ 0