Annual report pursuant to Section 13 and 15(d)

Marketable Securities

v3.19.3
Marketable Securities
12 Months Ended
Aug. 31, 2019
Marketable Securities [Abstract]  
Marketable Securities
21. Marketable Securities

 

 

The components of Marketable Securities were as follows:

 

 

 

Cost

Basis $

 

 

Unrealized

Gains $

 

 

Unrealized

Losses $

 

 

Total $

 

August 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

25,000

 

 

 

-

 

 

 

(14,849 )

 

 

 

Total

 

 

25,000

 

 

 

-

 

 

 

(14,849 )

 

 

10,151

 

August 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

81,250

 

 

 

9,335

 

 

 

(12,124 )

 

 

 

Total

 

 

81,250

 

 

 

9,335

 

 

 

(26,973 )

 

 

63,612

 

 

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.