SUBSEQUENT EVENTS	3 Months Ended
Nov. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16 – SUBSEQUENT EVENTS In accordance with ASC 855-10, the Company has analyzed its operations subsequent to November 30, 2020 to the date these financial statements were issued. Covid-19 impact: In December 2019, a novel strain of coronavirus (COVID-19) surfaced. The spread of COVID-19 around the world in the first quarter of 2020 has caused significant volatility in the U.S. and international markets. The ultimate disruption which may be caused by the outbreak is uncertain; however, it may result in a material adverse impact on the Company’s financial position, operations and cash flows. It is too early to quantify the impact this situation will have on company revenue and profits at this time. Possible areas that may be affected include, but are not limited to, disruption to the Company’s customers and revenue, labor workforce, unavailability of supplies used in operations, etc. Accordingly, Management is evaluating the Company’s liquidity position, reduction in revenues, and reviewing the analysis of the Company’s financial performance as the Company seeks to withstand the uncertainty related to the coronavirus. As no large-crowd gathering has been allowed since the outbreak of COVID-19, the Company has not generated any revenue from the Ai Bian Quan Qiu performance matching platform. Consequently, the Company has decided to impair all of the intangible asset carrying value related to the Ai Bian Quan Qiu performance matching platform and its Wechat official account, given that it is uncertain whether this platform will continue generating any revenue. Subsequent payment for terminated warrants: On December 1, 2020, AB International paid Crown Bridge $75,000 to cancel the 9,720 warrants with Crown Bridge Partners LLC (“Crown Bridge”). Video streaming website launch: The video streaming website www. ABQQ.tv is officially launched on December 29, 2020. The website will generate revenue from subscriptions and advertisements, Prepayments for convertible notes: On December 9, 2020, the Company prepaid two convertible promissory notes held by accredited investors, including a January 8, 2020 convertible note with Crown Bridge Partners LLC (“Crown Bridge”) for a total principal amount of $121,500 and a July 17, 2020 convertible note with EMA Financial for a total principal amount of $50,000. Crown Bridge had already converted the initial first tranche principal tranche of $40,500 into common shares and the Company prepaid $72,500 to pay off the remaining second tranche principal balance of $40,500 plus accrued but unpaid interest. For the EMA Financial convertible note, the Company prepaid $72,800 for all the principal of $50,000 plus accrued but unpaid interest. The prepayments allowed the Company to remove and return to treasury 313,659,990 shares of our common stock that were previously under reserve with our transfer agent for note conversions.

SUBSEQUENT EVENTS

3 Months Ended

Nov. 30, 2020

NOTE 16 – SUBSEQUENT EVENTS

In accordance with ASC 855-10, the Company has analyzed its operations subsequent to November 30, 2020 to the date these financial statements were issued.

Covid-19 impact:

In December 2019, a novel strain of coronavirus (COVID-19) surfaced. The spread of COVID-19 around the world in the first quarter of 2020 has caused significant volatility in the U.S. and international markets. The ultimate disruption which may be caused by the outbreak is uncertain; however, it may result in a material adverse impact on the Company’s financial position, operations and cash flows. It is too early to quantify the impact this situation will have on company revenue and profits at this time. Possible areas that may be affected include, but are not limited to, disruption to the Company’s customers and revenue, labor workforce, unavailability of supplies used in operations, etc. Accordingly, Management is evaluating the Company’s liquidity position, reduction in revenues, and reviewing the analysis of the Company’s financial performance as the Company seeks to withstand the uncertainty related to the coronavirus. As no large-crowd gathering has been allowed since the outbreak of COVID-19, the Company has not generated any revenue from the Ai Bian Quan Qiu performance matching platform. Consequently, the Company has decided to impair all of the intangible asset carrying value related to the Ai Bian Quan Qiu performance matching platform and its Wechat official account, given that it is uncertain whether this platform will continue generating any revenue.

Subsequent payment for terminated warrants:

On December 1, 2020, AB International paid Crown Bridge $75,000 to cancel the 9,720 warrants with Crown Bridge Partners LLC (“Crown Bridge”).

Video streaming website launch:

The video streaming website www. ABQQ.tv is officially launched on December 29, 2020. The website will generate revenue from subscriptions and advertisements,

Prepayments for convertible notes:

On December 9, 2020, the Company prepaid two convertible promissory notes held by accredited investors, including a January 8, 2020 convertible note with Crown Bridge Partners LLC (“Crown Bridge”) for a total principal amount of $121,500 and a July 17, 2020 convertible note with EMA Financial for a total principal amount of $50,000. Crown Bridge had already converted the initial first tranche principal tranche of $40,500 into common shares and the Company prepaid $72,500 to pay off the remaining second tranche principal balance of $40,500 plus accrued but unpaid interest. For the EMA Financial convertible note, the Company prepaid $72,800 for all the principal of $50,000 plus accrued but unpaid interest.

The prepayments allowed the Company to remove and return to treasury 313,659,990 shares of our common stock that were previously under reserve with our transfer agent for note conversions.