DISCONTINUED OPERATIONS

3 Months Ended

Nov. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

NOTE 5 – DISCONTINUED OPERATIONS

On November 16, 2017, the Company sold the copyright and all other rights in a film named “Gong Fu Nv Pai” copyright and the mobile application (Amoney) assets to an unrelated party for $253,000 cash.

The sales of intangible assets qualified as a discontinued operation of the Company and accordingly, the Company has excluded results of the operations from its Consolidated Statements of Operations to present this revenue and expenses from these intangible assets in discontinued operations.

The following table shows the results of operations of mobile application and copyright for three months ended November 30, 2018 and 2017 which are included in the gain from discontinued operations:

	Three months Ended
	November 30,
	2018		2017
Revenue	$	—	$	49,920
Cost of revenue		—		11,912
Income Tax Provision		—		27,011
Gain from discontinued operations	$	—	$	10,997