Quarterly report pursuant to Section 13 or 15(d)

Convertible Debentures (Tables)

v3.21.2
Convertible Debentures (Tables)
9 Months Ended
May 31, 2019
Convertible Debentures Disclosure [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