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DERIVATIVE LIABILITIES
9 Months Ended
May 31, 2025
Fair Value Disclosures [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:

 

   May 31,
2025
   August 31,
2024
 
Effective Exercise price   0.0019-.0028    0.0032 
Effective Market price   0.0009-.0014    0.0016 
Volatility   24%   41%
Risk-free interest   4.12%   4.38%
Terms   365 days    365 days 
Expected dividend rate   0%   0%

 

Changes in the derivative liabilities during the nine-month period ended May 31, 2025 is as follows:

 

Balance at August 31, 2024  $375,792 
Reclassification of liability contracts   (232,899)
Changes in fair value of derivative liabilities   (8,362)
Balance, May 31, 2025  $134,531