INVENTORY

9 Months Ended

May 31, 2016

INVENTORY [Text Block]

6.

INVENTORY

During the fiscal year August 31, 2015, the Company launched a new product line V-Love TM . As at May 31, 2016, the Company had inventory of $30,917 (August 31, 2015: $37,066) relating to V-Love TM products. Net sales for the nine months ended May 31, 2016 were $14,258 (May 31, 2015: $1,598) with $8,113 (May 31, 2015: $570) in cost of goods sold and $4,608 (May 31, 2015: $7,189) in research and development costs. During the nine month ended May 31, 2016, the Company also filed all final paperwork for patent for V-Love TM in the United States.