XML 28 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Audited Consolidated Balance Sheets - USD ($)
Aug. 31, 2022
Aug. 31, 2021
Current assets:    
Cash and cash equivalents $ 117,515 $ 1,386,472
Prepaid expenses and other receivables 80,772 204,375
Total current assets 198,287 1,590,847
Available for sale Investment 176,087 845,218
Equipment, net 436,792 642,896
Total assets 811,166 3,078,961
Current liabilities:    
Accounts payable and accrued liabilities 461,128 177,505
Convertible loan 1,758,702 871,896
Due to a related party 223,645 223,645
Total current liabilities 2,443,475 1,273,046
Stockholders' equity (deficit):    
Preferred stock, $.0001 par value, 5,000,000 shares authorized no shares issued and outstanding. 0 0
Common stock, $.0001 par value, 900,000,000 shares authorized, 1,257,927 and 148,661,247*shares issued and outstanding at August 31, 2022 and August 31, 2021 respectively. 124 14,475
Additional paid-in capital 18,031,869 17,063,363
Issuance of warrants 3,459,510 3,459,510
Other comprehensive loss (2,574,846) (1,905,715)
Accumulated deficit (20,548,968) (16,825,718)
Total stockholders' equity (deficit) (1,632,311) 1,805,915
Total liabilities and stockholders' equity $ 811,166 $ 3,078,961