Quarterly report pursuant to Section 13 or 15(d)

EQUITY (Tables)

v3.21.2
EQUITY (Tables)
9 Months Ended
May 31, 2021
Equity [Abstract]  
Schedule of activity warrants outstanding

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted

 

   

Number of

   

Weighted Average

   

Average

 

 

 

shares

 

 

Exercise Price

 

 

Life (years)

 

Outstanding, August 31, 2020

 

 

2,334,937

 

 

$ 8.12

 

 

 

3.30

 

Granted

 

 

10,120,000

 

 

 

0.75

 

 

 

5.00

 

Forfeited

 

 

 

 

 

 

 

 

 

Exercised

 

 

(8,021,525

)

 

 

0.75

 

 

 

4.68

 

Outstanding, May 31, 2021

 

 

4,433,412

 

 

$ 4.63

 

 

 

3.42

 

Schedule of stock options assumptions

 

 

Nine Months Ended

 

 

 

May 31,

 

 

 

2021

 

Expected term

 

5 years

 

Expected average volatility

 

151 - 156

%

Expected dividend yield

 

 

 

Risk-free interest rate

 

0.36 -0.79

%

Schedule of stock option activity

 

 

Options Outstanding

 

 

Weighted Average

 

 

 

Number

of

 

 

Weighted

Average

 

 

Remaining

life

 

 

 

Options

 

 

Exercise Price

 

 

(years)

 

 

 

 

 

 

 

 

 

 

 

Outstanding, August 31, 2020

 

 

281,834

 

 

$ 3.57

 

 

 

8.90

 

Granted

 

 

2,685,100

 

 

 

2.31

 

 

 

10.00

 

Exercised

 

 

 

 

 

 

 

 

 

Forfeited/canceled

 

 

 

 

 

 

 

 

 

Outstanding, May 31, 2021

 

 

2,966,934

 

 

$ 2.43

 

 

 

9.57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable options, May 31, 2021

 

 

265,572

 

 

$ 3.38

 

 

 

8.56