NOTE 6 – INTANGIBLE ASSETS (Tables)

9 Months Ended

12 Months Ended

May 31, 2022

Aug. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6 - INTANGIBLE ASSETS

	May 31, 2022			August 31, 2021
Patent license right	$	500,000		$	500,000
Movie copyrights - Love over the world		853,333			853,333
Sitcom copyrights - Chujian		640,000			640,000
Movie copyrights - Huafeng		422,400			422,400
Movie copyrights - Our treasures		936,960			936,960
Movie copyrights - LuShang		256,000			—
Movie copyrights - QiQingKuaiChe		1,024,000			—
TV drama copyright – 15 episodes		190,000			—
Movie and TV series broadcast rights		2,439,840			2,439,840
NFT MMM platform		280,000			—
Total cost		7,542,533			5,792,533
Less: Accumulated amortization		(4,029,261	)		(1,793,728	)
Intangible asset, net	$	3,513,272		$	3,998,805

	August 31,			August 31,
	2021		2020
Patent	$	500,000	$	500,000
Movie copyrights - Love over the world		853,333		-
Sitcom copyrights - Chujian		640,000		-
Movie copyrights - Huafeng		422,400		-
Movie copyrights - Our treasures		936,960		-
Movie and TV series broadcast rights		2,439,840		-
Total cost		5,792,533		500,000
Less: Accumulated amortization		(1,793,728)		(325,000)
Intangible asset, net	$	3,998,805	$	175,000

NOTE 6 - INTANGIBLE ASSETS - Estimated Amortization Expense

Period ending May 31		Amortization expense
	2023	$	2,760,402
	2024	$	752,870

Year ending August 31,	Amortization expense
2022	$	2,721,267
2023	$	1,277,538