March 2019

March 2019

Conversion

Warrant

Feature

Liability

Total

Balance at August 31, 2019

$

2,852,000

$

904,000

$

3,756,000

Reclassification to APIC due to note settlements, exchanges or conversions

(1,784,000)

(195,000)

(1,979,000)

Change in fair value

(1,068,000)

(709,000)

(1,777,000)

Balance at May 31, 2020 (unaudited)

$

 -

$

 -

$

 -

March 2019

March 2019

Conversion

Warrant

Feature

Liability

(unaudited)

(unaudited)

Risk free rate

0.08-0.17

%  

1.6

%

Market price per share

$

6.68

$

6.68

Life of instrument in years

0.47-1.15

4.0

Volatility

117-139

%  

102

%

Dividend yield

 0

%  

 0

%