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Consoolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Aug. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (1,052,045) $ (525,454)  
Adjustments to reconcile net income (loss) to net cash from operating activities:      
Executive salaries and consulting fees paid in stock 3,750 100  
Depreciation of fixed asset 13,300 13,148  
Amortization of intangible asset 686,567 140,726  
Loss/(gain) from change in fair value of derivatives 98,787  
Loss/(gain) from lease termination 3,251  
Loss/(gain) from warrant termination 12,343  
Loss/(gain) from warrant exercise 12,540  
Non-cash interest for convertible notes 81,755  
Non-cash note conversion fees 8,750  
Non-cash dividend expense for preferred shares 1,511  
Non-cash lease expense 34,284 1,190  
Changes in operating assets and liabilities:      
Accounts receivable 86,362  
Receivable on asset disposal  
Interest receivable 26,240  
Related party receivable 86,142  
Other receivable (539,600)  
Prepaid expenses (10,912) 3,024  
Rent security & electricity deposit (28,733) 3,533  
Purchase of movie and TV series broadcast right and copyright (121,600) (1,621,333)  
Accounts payable and accrued liabilities 10,797 (237,344)  
Related party payable (16,512)  
Due to / from shareholders 523 61,024  
Other payable 389,120 243  
Net cash used in operating activities (629,550) (1,744,973)  
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of furniture and equipment (5,000)  
Net cash provided by /(used in) investing activities (5,000)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from issuance of convertible notes 233,017  
Proceeds from common stock issuances 226,015 80,868  
Proceeds from preferred share C issuances 288,950  
Proceeds from preferred share D issuances 153,000  
Net cash provided by financing activities 667,965 313,885  
Net increase (decrease) in cash and cash equivalents 38,415 (1,436,088)  
Cash and cash equivalents –beginning of the quarter 132,253 2,455,061 $ 2,455,061
Cash and cash equivalents – end of the quarter 170,668 1,018,974 $ 132,253
Supplemental Cash Flow Disclosures      
   Cash paid for interest  
   Cash paid for income taxes  
Non-Cash Investing and Financing Activities:      
Cashless warrant exercises (75,306)  
Convertible notes converted to common shares (183,752)  
Additions to ROU assets from operating lease liabilities 1,080,156 20,038  
Common shares returned due to officer resignations (391,666)  
Preferred shares converted into common shares $ 75,000