Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.19.3.a.u2
Marketable Securities
3 Months Ended
Nov. 30, 2019
Marketable Securities [Abstract]  
Marketable Securities

19. Marketable Securities

 

The components of Marketable Securities were as follows:

 

 

 

Cost

Basis

$

 

 

Unrealized

 Gains
$

 

 

Unrealized

Losses

$

 

 

Total$

 

August 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

 

81,250

 

 

 

9,335

 

 

 

(12,124 )

 

 

 

 

Total

 

 

81,250

 

 

 

9,335

 

 

 

(26,973 )

 

 

64,214

 

November 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common stock

 

 

81,250

 

 

 

9,335

 

 

 

(40,972 )

 

 

 

 

Total

 

 

81,250

 

 

 

9,335

 

 

 

(67,945 )

 

 

22,640

 

 

Unrealized losses from common stock are due to market price movements. Management does not believe any remaining unrealized losses represent other-than-temporary impairments based on our evaluation of available evidence.