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SUBSEQUENT EVENTS
6 Months Ended
Feb. 28, 2018
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 6 – SUBSEQUENT EVENTS

 

On April 9, 2018, the Company acquired all of the issued and outstanding stock of KryptoKiosk Limited, a Hong Kong company (“Krypto”). In consideration for the acquisition of the shares the Company paid the seller HK$2, and, in addition, paid the Seller USD$200,000 in consideration for the retirement in full of a debt in the amount of USD$1,200,000 owed by Krypto to the Seller. Krypto’s assets consist mostly of intellectual property, including, but not limited to, certain domain names, copyrights, trademarks, and patents pending, but also include contract rights and personal property.

 

Subsequent to February 28, 2018, the Company issued the following shares of common stock:

 

 

· 1,100,000 shares to 4 consultants for services

 

 

 

 

· 38,550,000 shares issued to the Company’s majority shareholder and third parties for proceeds of $1,156,500.

 

 

 

 

· 2,400,000 shares in consideration for the purchase of convertible note of $4,800,000 issued by Krypto to JPC Fintech Ltd.