DERIVATIVE LIABILITIES

12 Months Ended

Aug. 31, 2023

Disclosure Text Block [Abstract]

Derivatives and Fair Value [Text Block]

NOTE 8 – DERIVATIVE LIABILITIES

The Company accounts for the embedded conversion features included in its convertible instruments as derivative liabilities. At each measurement date, the fair value of the embedded conversion features was based on the lattice binomial method using the following assumptions:

	Years Ended August 31
	2023			2022
Effective Exercise price		0.0045-0.01			0.0016-0.0025
Effective Market price		0.009-0.013			0.0031
Volatility		41-77	%		139	%
Risk-free interest		4.74-5.18	%		3.5	%
Terms	365 days			365 days
Expected dividend rate		0	%		0	%

Changes in the derivative liabilities during fiscal 2023 and 2022 are as follows:

Balance at September 1, 2021	$	506,360
Reclassification of liability contracts		(23,189	)
Changes in fair value of derivative liabilities		(201,239	)
Balance, August 31, 2022	$	281,932
Reclassification of liability contracts		(33,386	)
Changes in fair value of derivative liabilities		(42,070	)
Balance, August 31, 2023	$	206,476