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Condensed Balance Sheets - USD ($)
Nov. 30, 2019
Aug. 31, 2019
Current Assets    
Cash and cash equivalents $ 1,284,821 $ 1,564,750
Prepaid expenses 12,775 21,971
Accounts receivable 60,900 35,300
Related party receivable 22,115 34,994
Note receivable 2,096,640 1,047,040
Interest receivable 34,965 8,725
Receivable on asset disposal 1,280,000
Total Current Assets 3,512,216 3,992,779
Fixed assets, net 19,195 20,124
Leasehold improvement, net 122,294 134,523
Intangible assets, net 376,894 413,793
Long-term prepayment 428,800
Other assets 15,027 15,027
TOTAL ASSETS 4,474,427 4,576,246
Current Liabilities    
Accounts payable and accrued liabilities 105,083 116,664
Convertible note and derivative liability 86,831
Due to shareholder 2,037 2,037
Tax payable 66,050 64,564
Other payable 4,032 161,856
Total Current Liabilities 264,033 345,122
Common stock, $0.001 par value, 1,000,000,000 shares authorized; 4,822,016 and 147,325,000 shares issued and outstanding, as of November 30, 2019 and November 30, 2018, respectively 4,822 4,822
Additional paid-in capital 6,520,980 6,520,980
Retained earnings (deficit) (1,515,375) (1,452,020)
Unearned shareholders' compensation (800,034) (842,657)
Total Stockholders’ Equity 4,210,394 4,231,125
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,474,427 $ 4,576,246