Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Cash flows used in operating activities    
Net loss and comprehensive loss for the year $ (1,929,465) $ (1,277,249)
Adjustments to reconcile net loss and comprehensive loss to net cash used in operating activities:    
Stock based compensation 113,044 122,015
Depreciation and amortization 1,488 619
Inventory write-off 68,611 44,040
Common shares issued for interest 1,125 0
Common shares issued for services 207,660 79,500
Warrants issued for services 292,750 32,252
Change in working capital:    
Accounts and other receivable (7,710) (6,201)
Inventory (1,061) (10,778)
Prepaid expenses and deposit (17,817) 26,190
Accounts payable and accrued liabilities (40,436) 56,937
Due to related parties (238,681) 259,319
Unearned revenue 4,583 12,500
Net cash used in operating activities (1,545,909) (660,856)
Cash flows used in investing activities    
Patent (9,699) (17,008)
Acquisition of equipment 0 (3,094)
Net cash used in investing activities (9,699) (20,102)
Cash flows from financing activities    
Proceeds from (Payments of) loans/convertible debentures (50,000) 95,000
Proceeds from issuance of equity 4,045,536 419,292
Net cash from financing activities 3,995,536 514,292
Change in cash 2,439,928 (166,666)
Cash, beginning of year 93,409 260,075
Cash, end of year 2,533,337 93,409
Supplemental information of cash flows:    
Interest paid in cash 4,890 2,250
Income taxes paid in cash 0 0
Shares issued to convert convertible debt 45,000 0
Subscription funds receivable 0 93,500
Stock based compensation recognized from prepaid expense 19,076 38,150
Shares issued for services in accounts payable and accrued liabilities $ 17,000 $ 0