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LONG-TERM PREPAYMENT
3 Months Ended
Nov. 30, 2019
Accounting Policies [Abstract]  
LONG-TERM PREPAYMENT

In September 2019, the company entered into an agreement with its related party Youall Perform Services Ltd. for upgrading software of the “Ai Bian Quan Qiu” platform at a cost of $128,000. $108,800 has been paid as of November 30, 2019 and booked as long-term prepayment.

 

In November 2019, the company acquired two movie copyrights at a price of $256,000 for “Lushang” and $115,200 for “Qi Qing Kuai Che.” $256,000 is fully paid for the movie Lushang and $64,000 is paid for the movie Qi Qing Kuai Che. The estimated earliest release date of these two movies will be in the third quarter of FY2021.