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Subsequent Events
6 Months Ended
Feb. 28, 2019
Subsequent Events [Abstract]  
Subsequent Events

12. SUBSEQUENT EVENTS

 

On September 1, 2018, the Company appointed a Taiwan company to develop a mobile application which costs TWD20,000,000 (~$650,618) and will pay in four installments. The company will pay 30% upon signed the agreement, 40% after the basic set up of the mobile application, 20% after completed and tested all set up of the mobile application and 10% after 6 month’s stable operation. on September 1, 2018, as consideration thereof The Company issued 390,375 restricted shares of our common stock which was $0.5 per share.

 

On March 1, 2019, the Company should issue 518,303 restricted shares of our common stock which was $0.5 per share for the second payment which should be paid when completed the basic set up of the mobile application. The Company issued 308,514 restricted shares of our common stock on March 1,2019 and the Company will issue remaining 209,789 restricted shares of our common stock to the Taiwan company.