Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Revenue    
Sales $ 63,639 $ 40,718
Cost of Goods Sold    
Cost of goods sold 29,750 45,615
Gross Profit / (Loss) 33,889 (4,897)
Expenses    
Accounting and audit 74,087 95,921
Depreciation and amortization 1,488 619
Insurance 19,652 17,237
Advertising and promotions 209,034 185,459
Bank charges and exchange loss (6,415) 15,382
Consulting 1,130,916 657,813
Interest expense 6,015 2,250
Investor relations 91,681 61,574
Legal and professional 136,210 37,939
Office and miscellaneous 118,863 97,077
Research and development 54,185 9,024
Taxes (2,374) 3,983
Travel 61,401 44,034
Inventory write-off 68,611 44,040
Total Operating Expeses 1,963,354 1,272,352
Net loss and comprehensive loss for the year (1,929,465) (1,277,249)
Net loss and comprehensive loss attributable to:    
Common shareholders (1,869,277) (1,214,773)
Non-controlling interest $ (60,188) $ (62,476)
Basic and diluted loss per share $ (0.03) $ (0.03)
Weighted average number of common shares outstanding - Basic and diluted 58,765,806 43,840,378