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13. Discontinued Operations | 12 Months Ended
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Aug. 31, 2021
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13. Discontinued Operations | `13.```DISCONTINUED OPERATIONS Effective September 1, 2019, the Board of Directors decided to permanently close the MSI division and exit the industrial tools business. During fiscal 2020 ended August 31, 2020, the remaining inventory was been liquidated, the division was wound-up, and the subsidiary voluntarily dissolved. The operations and assets of MSI were significantly immaterial to the Company’s overall performance. As such, separate disclosure of MSI’s operations as discontinued operations within the Company’s statement of operations was not considered necessary.

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