Annual report pursuant to Section 13 and 15(d)

Other Expense (Income), Net

v3.21.2
Other Expense (Income), Net
12 Months Ended
Aug. 31, 2020
Other Income and Expenses [Abstract]
OTHER EXPENSE (INCOME), NET
26. OTHER EXPENSE (INCOME), NET

Other expense (income), net, consists of the following:


Year ended August 31,
2020
Year ended August 31,
2019
(Gain) loss on settlement of liabilities $ (524,971 ) $ 534,480
Loss on conversion of convertible debt 744,918 -
Gain on debt extinguishment (54,378 ) -
Penalty on convertible notes 610,312 -
Interest income (29,317 ) (83,067 )
$ 746,564 $ 451,413