Quarterly report pursuant to Section 13 or 15(d)

Convertible Debentures (Tables)

v3.19.3
Convertible Debentures (Tables)
9 Months Ended
May 31, 2019
Notes To Financial Statements Abstract  
Schedule of convertible debentures

              Principal due     Principal due  
Lender   Maturity Date   Interest Rate     May 31,
2019
    August 31,
2018
 
                       
Alpha Capital Anstalt   October 31, 2018     5.00 %   $ -     $ 56,500  
Private lenders   January 1, 2019     0.00 %     -       201,904  
GS Capital Partners   May 1, 2019     12.00 %     143,750       -  
Calvary Fund I LP   September 4, 2019     10.00 %     250,000       250,000  
Calvary Fund I LP   September 4, 2019     10.00 %     250,000       -  
SBI Investments LLC   September 4, 2019     10.00 %     250,000       -  
Bay Private Equity, Inc.   September 17, 2019     5.00 %     2,900,000       -  
Bay Private Equity, Inc   October 15, 2019     5.00 %     2,400,000       -  
                  6,193,750       508,404  
Unamortized debt discount                 (936,190 )     -  
Total loans               $ 5,257,560     $ 508,404  
Schedule of classified as repayable convertible debentures

    May 31,
2019
    August 31,
2018
 
             
Principal classified as repayable within one year   $ 5,257,560     $ 258,404  
Principal classified as repayable later than one year     -       250,000  
    $ 5,257,560     $ 508,404