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NOTE 4 – SUBSCRIPTION RECEIVABLE
12 Months Ended
Aug. 31, 2021
Receivables [Abstract]  
NOTE 4 – SUBSCRIPTION RECEIVABLE

NOTE 4 – SUBSCRIPTION RECEIVABLE

 

Subscription receivable is cash not yet collected from the shareholders for issuance of common stock. As of August 31, 2021, the subscription receivable balance of $87,239 was the remaining cash to be collected from the issuance of 3 million Put shares to Peak One Opportunity Fund LP. As of August 31, 2020, the subscription receivable balance of $61,500 was cash to be collected from Mingpeng Ou for issuing 3,000,000 shares of common stocks at a price of $0.0205 per share. All the subscription receivables have been collected as of the date of issuance of these consolidated financial statements.