Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
May 31, 2020	May 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss from operations	$ (731,205)	$ (599,444)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Executive salaries and consulting fees paid in stock	127,435	305,584
Depreciation of fixed asset	39,325
Amortization of intangible asset	88,731	89,904
Impairment of intangible asset	111,115
Loss/(gain) on sales of intangible assets		120,000
Gain /Loss from change in fair value of derivatives	54,316
Interest expense	193,591
Changes in operating assets and liabilities:
Accounts receivable	(76,800)	(25,700)
Receivable on asset disposal	1,280,000
Interest receivable	(26,240)
Related party receivable	(52,588)	(44,834)
Prepaid expenses	231	(455,362)
Rent security & electricity deposit		(14,541)
Long-term prepayment	(1,011,200)
Accounts payable and accrued liabilities	(49,945)	95,080
Accrued payroll		(86,536)
Tax payable	(7,814)
Due to shareholder	826
Other payable	(157,824)
Net cash used in operating activities	(218,045)	(615,849)
CASH FLOWS FROM INVESTING ACTIVITIES
Sales of intangible asset		80,000
Renovation of an office and an offline display store		58,688
Development of intangible asset		99,584
Net cash used in / (provided by) investing activities		(78,272)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of convertible notes and warrants	344,352
Proceeds from common stock issuances		900,000
Net cash provided by financing activities	344,352	900,000
Net increase (decrease) in cash and cash equivalents	126,307	205,879
Cash and cash equivalents - beginning of the quarter	1,564,750	210,202
Cash and cash equivalents - end of the quarter	1,691,057	416,081
Supplemental Cash Flow Disclosures
Cash paid for interest
Cash paid for income taxes
Non-Cash Activities:
Issuance of warrants in conjunction with convertible notes	$ 156,985
Common shares returned for cancelled acquisition of iCrowdU		(10,000)
Prepaid expense reversed for cancelled acquisition of iCrowdU		$ 10,000
Issuance of common stock for services		305,584

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Amount of income earned, after hedging basis adjustments, from fees charged for prepayment of certain Federal Home Loan Bank (FHLBank) advances before original maturity.

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The cash inflow from the additional capital contribution to the entity.

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The cash inflow from amounts received from issuance of long-term debt that is wholly or partially secured by collateral. Excludes proceeds from tax exempt secured debt.

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The cash inflow from disposal of asset without physical form usually arising from contractual or other legal rights, excluding goodwill.

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Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate.

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 360
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-Paragraph 1
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Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders.

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