Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) - USD ($) |
3 Months Ended | 12 Months Ended |
---|---|---|
Aug. 31, 2019 |
May 31, 2019 |
|
Navy Capital Debenture 1 [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 4,000,000 | $ 4,000,000 |
Interest rate | 8.00% | 8.00% |
Dated | Oct. 31, 2018 | Oct. 31, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Discount recorded | $ 3,254,896 | |
Discount | $ 271,241 | |
Accrued interest | $ 85,696 | |
Convertible | The U.S. Convertible Debenture 1 is convertible into units (the "Convertible Debenture Units") at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. | The U.S. Convertible Debenture 1 is convertible into units (the "Convertible Debenture Units") at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. |
matures | 3 years | 3 years |
Interest Transferred | $ 83,625 | |
Navy Capital Debenture 2 [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 1,000,000 | $ 1,000,000 |
Interest rate | 8.00% | 8.00% |
Dated | Oct. 31, 2018 | Oct. 31, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Discount recorded | $ 813,724 | |
Discount | $ 67,810 | |
Accrued interest | $ 21,424 | |
Convertible | The U.S. Convertible Debenture 2 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. | The U.S. Convertible Debenture 2 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. |
matures | 3 years | 3 years |
Interest Transferred | $ 20,906 | |
Murray FA Debenture [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 100,000 | $ 100,000 |
Interest rate | 8.00% | 8.00% |
Dated | Oct. 24, 2018 | Oct. 24, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Discount recorded | $ 75,415 | |
Discount | $ 6,285 | |
Accrued interest | $ 2,146 | |
Convertible | The U.S. Convertible Debenture 3 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. | The U.S. Convertible Debenture 3 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. |
matures | 3 years | 3 years |
Interest Transferred | $ 2,094 | |
Darling Capital Debenture [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 532,000 | $ 532,000 |
Interest rate | 8.00% | 8.00% |
Dated | Oct. 25, 2018 | Oct. 25, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Discount recorded | $ 416,653 | |
Discount | $ 34,721 | |
Accrued interest | $ 11,413 | |
Convertible | The U.S. Convertible Debenture 4 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. | The U.S. Convertible Debenture 4 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. |
matures | 3 years | 3 years |
Interest Transferred | $ 11,137 | |
Sabharwal Debenture [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 150,000 | $ 150,000 |
Interest rate | 8.00% | 8.00% |
Dated | Oct. 26, 2018 | Oct. 26, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Discount recorded | $ 120,100 | |
Discount | $ 10,008 | |
Accrued interest | $ 3,217 | |
Convertible | The U.S. Convertible Debenture 5 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. | The U.S. Convertible Debenture 5 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. |
matures | 3 years | 3 years |
Interest Transferred | $ 3,139 | |
Srinivasan Debenture 6 [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 75,000 | $ 75,000 |
Interest rate | 8.00% | 8.00% |
Dated | Oct. 26, 2018 | Oct. 26, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Discount recorded | $ 60,049 | |
Discount | $ 5,004 | |
Accrued interest | $ 1,609 | |
Convertible | The U.S. Convertible Debenture 6 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10 | The U.S. Convertible Debenture 6 is convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10 |
matures | 3 years | 3 years |
Interest Transferred | $ 1,570 | |
US Convertible Debenture 7 [Member] | ||
Note 15 - Notes Payable and Convertible Notes Payable (Details) - Convertible Debt (Parentheticals) [Line Items] | ||
Amount | $ 12,012,000 | $ 12,012,000 |
Interest rate | 8.00% | 8.00% |
Dated | Dec. 12, 2018 | Dec. 12, 2018 |
Conversion rate (in Dollars per share) | $ 0.80 | $ 0.80 |
Accrued interest | $ 254,753 | |
Convertible | The Canaccord Debentures are convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. | The Canaccord Debentures are convertible into Convertible Debenture Units at a conversion price of $0.80 per Convertible Debenture Unit. Each Convertible Debenture Unit consists of (i) one share of the Company's common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $1.10. |
matures | 3 years | 3 years |
Interest Transferred | $ 248,550 | |
amount converted | $ 25,857 | |
share issued (in Shares) | 32,321 | |
warrants issued (in Shares) | 16,160 |