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NOTE 7 – PURCHASE DEPOSITS FOR INTANGIBLE ASSETS
6 Months Ended
Feb. 28, 2025
Accounting Policies [Abstract]  
NOTE 7 – PURCHASE DEPOSITS FOR INTANGIBLE ASSETS

NOTE 7 – PURCHASE DEPOSITS FOR INTANGIBLE ASSETS

 

The balance of purchase deposits for intangible assets which relates to the acquisition of copyrights and broadcast rights for movies and TV dramas and software was as follows:

 

   February 28, 2025  August 31, 2024
       
Purchase deposit for copyright and broadcast right for movies and series  $1,350,644   $745,123 
Total purchase deposits for intangible assets  $1,350,644   $745,123 

 

On February 23, 2024, the Company entered into an agreement to acquire the copyright and broadcast right of a movie. As of February 28, 2025 and August 31, 2024, the purchase deposit was $300,000 in total. The Company received the movie in March 2025.

 

On January 2, 2025, the Company entered into an agreement to acquire the copyright and broadcast right of 20 network TV dramas. As of February 28, 2025, the purchase deposit was $42,158 in total.

 

On January 7, 2025, the Company entered into an agreement to acquire the copyright and broadcast right of 1,151 network TV dramas. As of February 28, 2025, the purchase deposit was $1,008,486 in total.