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DERIVATIVE LIABILITIES
6 Months Ended
Feb. 28, 2025
Disclosure Text Block [Abstract]  
DERIVATIVE LIABILITIES

NOTE 6 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:

 

    February 28,
2025
    August 31,
2024
 
Effective Exercise price     0.0015-.0028       0.0032  
Effective Market price     0.0083-.0014       0.0016  
Volatility     24 %     41 %
Risk-free interest     4.08 %     4.38 %
Terms     365 days       365 days  
Expected dividend rate     0 %     0 %

 

Changes in the derivative liabilities during the six-month period ended February 28, 2025 is as follows:

 

Balance at August 31, 2024  $375,792 
Reclassification of liability contracts   (232,899)
Changes in fair value of derivative liabilities   (8,430)
Balance, February 28, 2025  $134,464