Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.19.2
Marketable Securities
9 Months Ended
May 31, 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, 2018

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

25,000

 

 

 

-

 

 

 

(14,849 )

 

 

10,151

 

Total

 

 

25,000

 

 

 

-

 

 

 

(14,849 )

 

 

10,151

 

May 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common Stock

 

 

81,250

 

 

 

9,335

 

 

 

(15,745 )

 

 

74,840

 

Total

 

 

81,250

 

 

 

9,335

 

 

 

(15,745 )

 

 

74,840

 

 

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.