v3.8.0.1
Loss Per Share
 3 Months Ended 12 Months Ended
Nov. 30, 2017
Aug. 31, 2017
Fair Value Disclosures [Abstract]    
Loss Per Share

The Company calculates the basic and diluted loss per common share using the weighted average number of common shares outstanding during each period. To compute diluted earnings per share, the average number of shares outstanding is adjusted for the number of potentially dilutive shares.

 

   THREE MONTHS ended NOVEMBER 30,
   2017  2016
       
Issued shares beginning of year    724,370,720    22,392,729
Weighted average issuances    135,249    452,517,774
Basic weighted average common shares, end of year    724,505,969    474,910,503

The Company calculates the basic and diluted loss per common share using the weighted average number of common shares outstanding during each period. To compute diluted earnings per share, the average number of shares outstanding is adjusted for the number of potentially dilutive shares.

 

  Years ended AUGUST 31,
  2017 2016
     
Issued shares beginning of year 22,392,729 356,400
Weighted average issuances 608,854,246 22,036,329
Basic weighted average common shares, end of year 631,246,975 22,392,729