XML 15 R32.htm IDEA: XBRL DOCUMENT v3.20.1
ORGANIZATION AND BUSINESS OPERATIONS (Details Narrative) - USD ($)
1 Months Ended 6 Months Ended 12 Months Ended
Sep. 05, 2018
May 09, 2018
Mar. 10, 2018
Oct. 10, 2017
Feb. 29, 2020
Aug. 31, 2019
Oct. 25, 2018
Jul. 26, 2018
Jun. 01, 2017
Feb. 29, 2020
Aug. 31, 2018
Aug. 31, 2016
Sep. 04, 2019
Aug. 01, 2019
Dec. 01, 2018
Mar. 21, 2018
Mar. 19, 2018
Jan. 22, 2016
Organization And Business Operations [Line Items]                                    
Entity incorporation, date of incorporation                     Jul. 29, 2013              
Ownership interest sold by former officer                                   83.00%
Revenues                       $ 2,820,000            
Payments made to patent agreements       $ 50,000,000                            
Impairment percentage                   80.00%                
Shares issued to consultants                                 1,100,000  
Common Shares issued to JPC Fintech Mimited                               2,400,000    
Market Value of Shares Issued to JPC Fintech Limited                               $ 7,200,000    
All In One Media Ltd [Member]                                    
Organization And Business Operations [Line Items]                                    
Common shares held 200,000                                  
Obligation to pay Licensor $ 76,800,000                                  
Remaining balance due on agreement $ 15,360,000                                  
Sale of investment                   $ 85,760,000                
Proceeds on sale of investment                   $ 8,953,800                
Patent License Agreement [Member]                                    
Organization And Business Operations [Line Items]                                    
Term of Agreement                 5 years                  
Obligation to pay Licensor                 $ 50,000,000                  
Royaly Fee on proceeds                 $ 0.20                  
Payment due within days of agreement                 30 days                  
Anyone Pictures Limited [Member]                                    
Organization And Business Operations [Line Items]                                    
Common shares held                           242,980        
Sale of investment           $ 422,400                        
Proceeds on sale of investment           $ 5,979,200                        
Loan Agreement [Member]                                    
Organization And Business Operations [Line Items]                                    
Loan amount                           $ 104,704,000        
Loan, interest rate                           10.00%        
Term of loan                           1 year        
Loan Agreement 2 [Member]                                    
Organization And Business Operations [Line Items]                                    
Loan amount                         $ 104,960,000          
Loan, interest rate                         10.00%          
Term of loan                         6 months          
Kryptokiosk Limited [Member]                                    
Organization And Business Operations [Line Items]                                    
Write off of intellectual asset, net of amortization         $ 4,800,000                          
StarEastnet                                    
Organization And Business Operations [Line Items]                                    
Common shares held                             171,000      
Ai Bian Quan Qiu Platform                                    
Organization And Business Operations [Line Items]                                    
Impairment percentage         80.00%                          
Aura Blocks Ltd                                    
Organization And Business Operations [Line Items]                                    
Cash payment for intellectual property in Aura Blocks LTD     $ 20,000,000                              
Investment Agreement Step 1 [Member] | iCrowdU [Member]                                    
Organization And Business Operations [Line Items]                                    
Shares of iCrowdU purchased   228,013                                
Price Per Share of iCrowdU purchased   $ 1.228                                
Total Consideration to iCrowdU   $ 28,000,000                                
Shares of Common Stock given in exchange with iCrowdU   2,000,000                                
Shares of Common Stock received in exchange with iCrowdU   2,000,000                                
iCrowdU Investment Total   $ 193,500,000                                
Percent of iCrowdU Proposed to Purchase               40.00%                    
Common Shares proposed to be issued in exchange               8,000,000                    
Value of proposed investment in iCrowdU               $ 1,000,000,000                    
Shares cut not delivered               8,000,000                    
Consultancy Agreement [Member] | Holtermann Wright Hadic [Member]                                    
Organization And Business Operations [Line Items]                                    
Shares of Common Stock Issued to each consultant   200,000                                
Termination and Release Agreementt [Member] | iCrowdU [Member]                                    
Organization And Business Operations [Line Items]                                    
Settlement of outstanding expenses and costs incurred by iCrowdU             644490.00%