Quarterly report pursuant to Section 13 or 15(d)

Mezzanine Equity (Details Narrative)

v3.20.1
Mezzanine Equity (Details Narrative)
Feb. 29, 2020
USD ($)
Integer
$ / shares
shares
Series B Convertible Preferred Stock [Member] | Volume Weighted Average Price of Common Stock [Member]  
Preferred stock, conversion price $ 4.00
Number of trading days | Integer 20
Series B preferred stock conversion price, description If the sixty-day VWAP is less than or equal to $0.50 per share, the Company shall have the option to (i) convert all shares of Series B convertible preferred stock into common stock at a conversion price of $1.00 per share, and pay cash to the Series B Holders equal to the difference between the 60-day VWAP and $3.00 per share, or (ii) pay cash to the Series B Holders equal to $3.00 per share.
Series B Holders [Member]  
Share issued price $ 3.00
Preferred stock, conversion price $ 1.00
Exchange Agreement [Member] | Two Institutional Shareholders [Member] | Two Promissory Notes [Member]  
Debt principal amount | $ $ 4,400,000
Exchange Agreement [Member] | Two Institutional Shareholders [Member] | Series B Convertible Preferred Stock [Member]  
Number of common stock exchanged during period | shares 4,908,333
Treasury stock per share value $ 3.00