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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Feb. 28, 2021
Nov. 30, 2020
Feb. 29, 2020
Feb. 28, 2021
Feb. 29, 2020
Aug. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES            
Net loss from operations       $ (879,301) $ (415,331)  
Adjustments to reconcile net income (loss) to net cash from operating activities:            
Executive salaries and consulting fees paid in stock       315,127 85,102  
Depreciation of fixed asset       26,448 26,204  
Amortization of intangible asset       424,207 61,899  
Impairment of intangible asset       111,115 $ 125,062
Loss/(gain) on sales of intangible assets        
Loss/(gain) from change in fair value of derivatives $ 18,439 $ 58,090   (19,094) 50,326  
Loss/(gain) from lease termination   3,251  
Loss/(gain) from warrant termination   12,343  
Loss/(gain) from warrant exercise (62,460)   (75,000)  
Loss/(gain) prepaid convertible note 128,316   128,316  
Interest expense       128,661 147,799  
Non-cash note conversion fees       8,750  
Non-cash lease expense       1,190  
Changes in operating assets and liabilities:            
Accounts receivable       86,362 (76,800)  
Receivable on asset disposal       1,280,000  
Interest receivable       26,240 (52,416)  
Related party receivable       (611,567) (52,588)  
Prepaid expenses       6,024 (30,776)  
Rent security & electricity deposit       3,891  
Long-term prepayment       36,685 (992,000)  
Accounts payable and accrued liabilities       (250,649) (23,614)  
Due to / from shareholders       63,113  
Tax payable       (1,403) (7,814)  
Other payable       243 (157,824)  
Net cash used in operating activities       (416,164) (46,718)  
CASH FLOWS FROM INVESTING ACTIVITIES            
Purchase of movie and TV series broadcast right and copyright       2,875,733  
Proceeds from note receivable collection       1,049,600  
Purchase of furniture and equipment       5,000  
Net cash used in / (provided by) investing activities       (2,880,733) (1,049,600)  
CASH FLOWS FROM FINANCING ACTIVITIES            
Proceeds from issuance of convertible notes       233,017 311,360  
Proceeds from common stock issuances       793,729  
Proceeds from preferred share issuances       563,500  
Payments for warrant termination       95,000  
Prepayments of convertible notes       428,606  
Net cash provided by financing activities       1,066,639 311,360  
Net increase (decrease) in cash and cash equivalents       (2,230,258) (784,958)  
Cash and cash equivalents - beginning of the quarter   $ 2,455,061   2,455,061 1,564,750 1,564,750
Cash and cash equivalents - end of the quarter $ 224,804   $ 779,792 224,804 779,792 $ 2,455,061
Supplemental Cash Flow Disclosures            
Cash paid for interest        
Cash paid for income taxes        
Non-Cash Investing and Financing Activities:            
Cashless warrant exercises       137,766 133,023  
Convertible notes converted to common shares       183,752  
Additions to ROU assets from operating lease liabilities       20,038  
Common shares returned due to officer resignations       $ (391,666)