I lifted the following info from the July 31 interim financial statements - note 7. I added a column to the financial statement note to compute the per share cost of the different financing sources, ie., public, private, warrants, etc. I recommend that you read the footnote p11.

Common Shares Issued 4/30/19 thru 4/30/20:                                                 

                                                                      # Shares            US$'s             Per Shr Cost

Issued in connection with public offering             3,798,936        9,241,000            2.43

Issued in connection with private placement         2,110,744          845,000             .40

Issued in connection with warrant exercises          5,007,125      10,737,000           2.14 

Issued in connection with stock option plan              382,230          400,000            1.05

Issued in connection with long term incentive plan    143,168          307,000            2.14

Common Shares Issued 05/01/2020 thru 7/31/2020:

Issued in connection with private placements            577,632         188,000              .33

Issued in connection with stock option plan               469,066         357,000              .76 

Issued in connection with long term incentive plan     273,401         269,000              .98

Some sweet deals to private parties .33-.40 per share average cost - 

This deal has got to go down soon - cash is getting very expensive and poor credit gets you interest @ 10% on a 12mil debenture - borders on usurious.

'Livin on the Edge'

Chicagoest