SUBSEQUENT EVENTS

3 Months Ended

Nov. 30, 2019

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 9– SUBSEQUENT EVENTS

The Company noted the following events that occurred subsequent to November 30, 2019:

• 7,373 shares of common stock were issued for an additional issuance of Series D per the terms of the subscription agreements.

• 6,250 shares of common stock previously issued to a director of the Company were cancelled upon resignation of the director from the company.

• On December 6, 2019, the Company issued 10,000 stock options to a director of the Company. The exercise price per share is $2.65 and the stock options expire on December 6, 2020. The stock options vest 1/24th monthly over a period of two years after the grant date.

• On December 6, 2019, the Company issued 40,000 stock options to a director of the Company. The exercise price per share is $2.65 and the stock options expire on December 6, 2020. The stock options vest 1/48th monthly over a period of four years after the grant date.