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14. Discontinued Operations
9 Months Ended
May 31, 2020
Notes  
14. Discontinued Operations

14.DISCONTINUED OPERATIONS 

 

Effective September 1, 2019, the Board of Directors decided to permanently close the MSI division and exit the industrial tools business. As of February 29, 2020, the remaining inventory has been liquidated and the division is in the process of being closed. 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.