AB International (ABQQ) 10-Q/A10 Jun 222022 Q2 Quarterly report (amended)Financial data

Company Profile

Cover

Cover - shares	6 Months Ended
Cover - shares	Feb. 28, 2022	May 30, 2022
Cover [Abstract]
Document Type	10-Q/A
Amendment Flag	true
Amendment Description	Changes to original filing
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Feb. 28, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--08-31
Entity File Number	000-55979
Entity Registrant Name	AB International Group Corp.
Entity Central Index Key	0001605331
Entity Tax Identification Number	37-1740351
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	48 Wall Street
Entity Address, Address Line Two	Suite 1009
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10005
City Area Code	(212)
Local Phone Number	918-4519
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		328,103,030

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Current Assets
Cash and cash equivalents	$ 131,654	$ 132,253
Prepaid expenses	24,478	13,566
Related party receivable		1,439
Subscription receivable	25,300	87,239
Other receivable	991,040	644,785
Total Current Assets	1,172,472	879,282
Fixed assets and leasehold improvement, net	27,105	53,705
Right of use operating lease assets, net	1,008,595	47,827
Intangible assets, net	2,625,671	3,998,805
Long-term prepayment	2,365,665	761,600
Other assets	45,241	16,508
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	7,244,749	5,757,727
Current Liabilities
Accounts payable and accrued liabilities	147,443	118,283
Related party payable	878,466	933,434
Current portion of obligations under operating leases	177,451	48,226
Due to stockholders	18,795	2,347
Other payable	3,827	3,827
Dividend payable	4,673	1,834
Total Current Liabilities	1,230,655	1,107,951
Obligations under operating leases, non-current	902,973
Total Liabilities	2,133,628	1,107,951
Stockholders’ Equity
Preferred stock, $0.001 par value, 10,000,000 preferred shares authorized;
Common stock, $0.001 par value, 1,000,000,000 shares authorized; 295,158,062 and 226,589,735 shares issued and outstanding, as of February 28, 2022 and August 31, 2021, respectively	295,158	226,590
Additional paid-in capital	12,398,694	11,009,517
Accumulated deficit	(7,181,922)	(6,578,978)
Unearned compensation	(401,351)	(7,473)
Total Stockholders’ Equity	5,111,121	4,649,776
Preferred Class A [Member]
Stockholders’ Equity
Preferred stock, $0.001 par value, 10,000,000 preferred shares authorized;	100	100
Preferred Class B [Member]
Stockholders’ Equity
Preferred stock, $0.001 par value, 10,000,000 preferred shares authorized;	20	20
Preferred Class C [Member]
Stockholders’ Equity
Preferred stock, $0.001 par value, 10,000,000 preferred shares authorized;	422
Preferred Class D [Member]
Stockholders’ Equity
Preferred stock, $0.001 par value, 10,000,000 preferred shares authorized;

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Feb. 28, 2022	Aug. 31, 2021
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Common Stock, Par or Stated Value Per Share		$ 0.001
Common Stock, Shares Authorized		1,000,000,000
[custom:CommonStockShareOutstanding-0]	295,158,062
Common Stock, Shares, Outstanding		226,589,735
Preferred Class A [Member]
Preferred Stock, Shares Issued	100,000	100,000
Preferred Stock, Shares Outstanding	100,000	100,000
Preferred Class B [Member]
Preferred Stock, Shares Issued	20,000	20,000
Preferred Stock, Shares Outstanding	20,000	20,000
Preferred Class C [Member]
Preferred Stock, Shares Issued	422,115	0
Preferred Stock, Shares Outstanding	422,115	0
Preferred Class D [Member]
Preferred Stock, Shares Issued	37	0
Preferred Stock, Shares Outstanding	37	0

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
Consolidated Statements of Operations (Unaudited) - USD ($)	Feb. 28, 2022	Feb. 28, 2021	Feb. 28, 2022	Feb. 28, 2021
Income Statement [Abstract]
Revenue	$ 1,800,000	$ 76,800	$ 1,800,000	$ 153,600
Cost of revenue	(686,567)	(298,841)	(1,373,134)	(454,927)
Gross Profit (Loss)	1,113,433	(222,041)	426,866	(301,327)
OPERATING EXPENSES
General and administrative expenses	(423,337)	(578,651)	(736,054)	(764,796)
Related party salary and wages	(239,667)	(132,987)	(290,917)	(184,337)
Total Operating Expenses	(663,004)	(711,638)	(1,026,971)	(949,134)
Income (Loss) From Operations	450,429	(933,679)	(600,105)	(1,250,461)
OTHER INCOME (EXPENSES)
Interest expense, net		(46,902)		(128,653)
Rent income		1,920		1,920
Gain (Loss) from change in fair value		117,881		19,094
Loss from lease termination				(3,251)
Loss from warrant termination				(12,343)
Gain/(Loss) from prepaid convertible note		(128,316)		(128,316)
Loss from warrant exercise		(62,460)		(75,000)
Total Other Expenses		(117,877)		(326,549)
Loss Before Income Tax Provision	450,429	(1,051,556)	(600,105)	(1,577,010)
Income tax benefit		55,347		55,347
NET (LOSS) INCOME	450,429	(996,209)	(600,105)	(1,521,663)
Preferred shares dividend	(1,328)		(2,839)
Net (loss) income available to common stockholders	$ 449,101	$ (996,209)	$ (602,944)	$ (1,521,663)
NET (LOSS) INCOME PER SHARE: BASIC	$ 0	$ (0.01)	$ 0	$ (0.01)
NET (LOSS) INCOME PER SHARE: DILUTED	$ 0	$ (0.01)	$ 0	$ (0.01)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC	248,359,943	137,158,120	240,076,815	137,158,120
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED	298,337,526	137,735,830	240,076,815	149,594,775

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance - August 31, 2021 at Aug. 31, 2020	$ 46,661		$ 7,271,983	$ (2,970,881)	$ (391,667)	$ 3,956,097
Shares, Issued at Aug. 31, 2020	46,661,417
Common shares issued for cash at $0.0140 per share	$ 19,000		247,000			266,000
Stock Issued During Period, Shares, Other	1
Common shares issued from warrant exercises	$ 56,408		81,358			137,766
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	56,407,922
Put Shares issued for cash	$ 15,220		721,908			737,128
[custom:StockIssuedDuringPeriodPutSharesForCashShares]	15,220,000
Common shares issued to officers for services	$ 1,500		43,500		(14,973)	30,027
Stock Issued During Period, Shares, Restricted Stock Award, Gross	1,500,000
Common shares issued for consulting services	$ 9,500		275,500			285,000
Stock Issued During Period, Shares, Issued for Services	9,500,000
Series B Preferred Shares issued		$ 20	319,980			320,000
[custom:SeriesBPreferredSharesIssuedShares]		20,000
Series C Preferred Shares issued		$ 280	243,220			243,500
[custom:SeriesCPreferredSharesIssuedShares]		280,025
Net loss				(1,521,663)		(1,521,663)
Common shares issued from note conversions	$ 25,406		158,347			183,753
Stock Issued During Period, Shares, Conversion of Convertible Securities	25,406,238
Common shares returned due to officer resignations	$ (261)		(391,405)		391,666
[custom:CommonSharesReturnedDueToOfficerResignationsShares]	(261,111)
Series A Preferred Shares issued		$ 100				100
[custom:SeriesAPreferredSharesIssuedShares]		100,000
Warrants termination and Exercised			(145,423)			(145,423)
[custom:WarrantsTerminatedAndExercisedShares]
Balance - February 28, 2022 at Feb. 28, 2021	$ 173,434	$ 400	8,825,968	(4,492,544)	(14,973)	4,492,286
Shares, Issued at Feb. 28, 2021	173,434,466	400,025
Balance - August 31, 2021 at Nov. 30, 2020	$ 124,347	$ 100	6,997,136	(3,496,335)		3,625,248
Shares, Issued at Nov. 30, 2020	124,346,838	100,000
Common shares issued for cash at $0.0140 per share	$ 19,000		247,000			266,000
Stock Issued During Period, Shares, Other	19,000,000
Common shares issued from warrant exercises	$ 9,338		53,122			62,460
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	9,337,628
Put Shares issued for cash	$ 9,750		646,510			656,260
[custom:StockIssuedDuringPeriodPutSharesForCashShares]	9,750,000
Common shares issued to officers for services	$ 1,500		43,500		(14,973)	30,027
Stock Issued During Period, Shares, Restricted Stock Award, Gross	1,500,000
Common shares issued for consulting services	$ 9,500		275,500			285,000
Stock Issued During Period, Shares, Issued for Services	9,500,000
Series B Preferred Shares issued		$ 20	319,980			320,000
[custom:SeriesBPreferredSharesIssuedShares]		20,000
Series C Preferred Shares issued		$ 280	243,220			243,500
[custom:SeriesCPreferredSharesIssuedShares]		280,025
Net loss				(996,209)		(996,209)
Balance - February 28, 2022 at Feb. 28, 2021	$ 173,434	$ 400	8,825,968	(4,492,544)	(14,973)	4,492,286
Shares, Issued at Feb. 28, 2021	173,434,466	400,025
Balance - August 31, 2021 at Aug. 31, 2021	$ 226,590	$ 120	11,009,517	(6,578,978)	(7,473)	4,649,776
Shares, Issued at Aug. 31, 2021	226,589,735	120,000
Balance - February 28, 2022 at Nov. 30, 2021	$ 235,237	$ 453	11,581,263	(7,631,023)	(3,723)	4,182,207
Shares, Issued at Nov. 30, 2021	235,236,589	452,703
Balance - August 31, 2021 at Aug. 31, 2021	$ 226,590	$ 120	11,009,517	(6,578,978)	(7,473)	4,649,776
Shares, Issued at Aug. 31, 2021	226,589,735	120,000
Put Shares issued for cash	$ 14,900		268,282			283,182
[custom:StockIssuedDuringPeriodPutSharesForCashShares]	14,900,000
Common shares issued to officers for services	$ 45,000		576,000		(393,878)	227,122
Stock Issued During Period, Shares, Restricted Stock Award, Gross	45,000,000
Series C Preferred Shares issued		$ 422	366,563			366,985
[custom:SeriesCPreferredSharesIssuedShares]		422,115
Net loss				(602,944)		(602,944)
Series D Preferred Shares issued			187,000			187,000
[custom:SeriesDPreferredSharesIssuedShares]		187
Preferred shares and dividend shares converted into common shares	$ 8,668		(8,668)
Stock Issued During Period, Shares, Conversion of Units	86,668,327	(150)
Balance - February 28, 2022 at Feb. 28, 2022	$ 295,158	$ 542	12,398,694	(7,181,922)	(401,351)	5,111,121
Shares, Issued at Feb. 28, 2022	295,158,062	542,152
Balance - August 31, 2021 at Nov. 30, 2021	$ 235,237	$ 453	11,581,263	(7,631,023)	(3,723)	4,182,207
Shares, Issued at Nov. 30, 2021	235,236,589	452,703
Put Shares issued for cash	$ 9,400		135,006			144,406
[custom:StockIssuedDuringPeriodPutSharesForCashShares]	9,400,000
Common shares issued to officers for services	$ 45,000		576,000		(397,628)	223,372
Stock Issued During Period, Shares, Restricted Stock Award, Gross	45,000,000
Series C Preferred Shares issued		$ 89	77,946			78,035
[custom:SeriesCPreferredSharesIssuedShares]		89,490
Net loss				449,101		449,101
Series D Preferred Shares issued			34,000			34,000
[custom:SeriesDPreferredSharesIssuedShares]		34
Preferred shares and dividend shares converted into common shares	$ 5,521		(5,521)
Stock Issued During Period, Shares, Conversion of Units	5,521,473	(75)
Balance - February 28, 2022 at Feb. 28, 2022	$ 295,158	$ 542	$ 12,398,694	$ (7,181,922)	$ (401,351)	$ 5,111,121
Shares, Issued at Feb. 28, 2022	295,158,062	542,152

Consoolidated Statements of Cas

Consoolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Feb. 28, 2022	Feb. 28, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (602,944)	$ (1,521,663)
Adjustments to reconcile net income (loss) to net cash from operating activities:
Executive salaries and consulting fees paid in stock	227,122	315,127
Depreciation of fixed asset	26,600	26,448
Amortization of intangible asset	1,373,134	424,207
Loss/(gain) from change in fair value of derivatives		(19,094)
Loss/(gain) from lease termination		3,251
Loss/(gain) from warrant termination		12,343
Loss/(gain) from warrant exercise		75,000
Non-cash interest for convertible notes		128,661
Loss/(gain) prepaid convertible note		128,316
Non-cash note conversion fees		8,750
Non-cash dividend expense for preferred shares	2,839
Non-cash lease expense	71,430	1,190
Changes in operating assets and liabilities:
Accounts receivable		86,362
Interest receivable		26,240
Related party receivable	1,439	86,142
Other receivable	(346,255)
Prepaid expenses	(10,912)	6,024
Rent security & electricity deposit	(28,733)	3,891
Purchase of movie and TV series broadcast right and copyright	(1,604,065)	(2,839,049)
Accounts payable and accrued liabilities	29,160	(250,649)
Related party payable	(54,968)
Due to / from stockholders	16,448	63,113
Tax payable		(56,750)
Other payable		243
Net cash used in operating activities	(899,705)	(3,291,897)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of furniture and equipment		(5,000)
Net cash used in investing activities		(5,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issuance of convertible notes		233,017
Proceeds from common stock issuances	345,121	793,729
Proceeds from preferred share C issuances	366,985	563,500
Proceeds from preferred share D issuances	187,000
Payments for warrant termination		(95,000)
Prepayments of convertible notes		(428,606)
Net cash provided by financing activities	899,106	1,066,639
Net increase (decrease) in cash and cash equivalents	(599)	(2,230,258)
Cash and cash equivalents –beginning of the period	132,253	2,455,061
Cash and cash equivalents – end of the period	131,654	224,804
Supplemental Cash Flow Disclosures
Cash paid for interest
Cash paid for income taxes
Non-Cash Investing and Financing Activities:
Cashless warrant exercises		137,766
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)

NOTE 1 _ BASIS OF PRESENTATION

NOTE 1 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Feb. 28, 2022
Accounting Policies [Abstract]
NOTE 1 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements of AB International Group Corp. (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities Exchange Commission. In accordance with those rules and regulations certain information and footnote disclosures normally included in consolidated financial statements have been omitted pursuant to such rules and regulations. The consolidated balance sheet as of August 31, 2021 derives from the audited consolidated financial statements at that date, but does not include all the information and footnotes required by GAAP. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended August 31, 2021. The unaudited consolidated financial statements as of and for the three and six months ended February 28, 2022 and 2021, in the opinion of management, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Company’s financial condition, results of operations and cash flows. The results of operations for the three and six months ended February 28, 2022 and 2021 are not necessarily indicative of the results to be expected for any other interim period or for the entire year. Foreign Currency Transactions Currently the Company does not use derivative instruments to reduce its exposure to foreign currency risk. Non-monetary assets and liabilities are translated at historical rates and monetary assets and liabilities are translated at exchange rates in effect at the end of the year. Revenues and expenses are translated at average rates for the year. Gains and losses from translation of foreign currency financial statements into U.S. dollars are included in current results of operations. Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” (ASC 820) and ASC 825, “Financial Instruments” (ASC 825), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 – Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 – Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 – Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The carrying values of cash, accounts payable, and accrued liabilities approximate fair value due to their short-term nature. The fair values of warrant liabilities and derivative liabilities embedded in convertible notes are determined by level 3 inputs. Accounting for Derivative Instruments The Company accounts for derivative instruments in accordance with ASC Topic 815, “Derivatives and Hedging” (ASC 815) and all derivative instruments are reflected as either assets or liabilities at fair value in the balance sheet. The Company uses estimates of fair value to value its derivative instruments. Fair value is defined as the price to sell an asset or transfer a liability in an orderly transaction between willing and able market participants. In general, the Company's policy in estimating fair values is to first look at observable market prices for identical assets and liabilities in active markets, where available. When these are not available, other inputs are used to model fair value such as prices of similar instruments, yield curves, volatilities, prepayment speeds, default rates and credit spreads (including for the Company's liabilities), relying first on observable data from active markets. Additional adjustments may be made for factors including liquidity, credit, bid/offer spreads, etc., depending on current market conditions. Transaction costs are not included in the determination of fair value. When possible, the Company seeks to validate the model's output to market transactions. Depending on the availability of observable inputs and prices, different valuation models could produce materially different fair value estimates. The values presented may not represent future fair values and may not be realizable. The Company categorizes its fair value estimates in accordance with ASC 820 based on the hierarchical framework associated with the three levels of price transparency utilized in measuring financial instruments at fair value as discussed above. Changes in fair value are recognized in the period incurred as either gains or losses. Basic and Diluted Income (Loss) Per Share The Company computes income (loss) per share in accordance with FASB ASC 260, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. The earnings per share after the reverse stock split is presented retrospectively as if the reverse split had occurred at the very beginning of the business. Basic loss per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted loss per share is computed using the weighted average number of common shares and potential common shares outstanding during the period for warrants, options and restricted shares under treasury stock method, and for convertible debts and convertible preferred stock under if-convertible method, if dilutive. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period and excludes all potential common shares if their effects are anti-dilutive. The Company had preferred shares and had no convertible notes and warrants as of February 28, 2022. As such, 49,977,583 potentially diluted shares from preferred shares were included in the computation of diluted earing per share for the three months ended February 28, 2022. For the three months ended February 28, 2021, and for the six months ended February 28, 2022 and 2021, no potentially diluted shares were included in the diluted loss per share as they would be anti-dilutive.

NOTE 2 _ GOING CONCERN

NOTE 2 – GOING CONCERN	6 Months Ended
NOTE 2 – GOING CONCERN	Feb. 28, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NOTE 2 – GOING CONCERN	NOTE 2 – GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future. As of February 28, 2022, the Company had an accumulated deficit of approximately $7.18 million and a negative working capital of $58,183 . For the six months ended February 28, 2022, the Company incurred a net loss of approximately $0.6 million and had negative cash flows of approximately $0.9 million from its operations. Although, the Company generated net income of approximately $0.45 million as the result of selling the broadcast right for three movies (“Love over the world”, “Our treasures” and “Confusion”) for the three months ended February 28, 2022, the future operations of the Company depend on its ability to realize forecasted revenues, achieve profitable operations, and depend on whether or not the Company could obtain the continued financial support from its stockholders or external financing. Management believes the existing stockholders will provide the additional cash to meet the Company’s obligations as they become due. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations. These factors, among others, raise the substantial doubt regarding the Company’s ability to continued as a going concern. The financial statements do not include any adjustments to reflect the possible future effect on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the outcome of these uncertainties. Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern.

NOTE 3 _PREPAID EXPENSES

NOTE 3 –PREPAID EXPENSES	6 Months Ended
NOTE 3 –PREPAID EXPENSES	Feb. 28, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
NOTE 3 –PREPAID EXPENSES	NOTE 3 –PREPAID EXPENSES Prepaid expense was $24,478 and $13,566 as of February 28, 2022 and August 31, 2021, respectively. Prepaid expense as of February 28, 2022 primarily includes prepayment of the OTC market annual fee and rent.

NOTE 4 _ SUBSCRIPTION RECEIVABL

NOTE 4 – SUBSCRIPTION RECEIVABLE	6 Months Ended
NOTE 4 – SUBSCRIPTION RECEIVABLE	Feb. 28, 2022
Receivables [Abstract]
NOTE 4 – SUBSCRIPTION RECEIVABLE	NOTE 4 – SUBSCRIPTION RECEIVABLE Subscription receivable is cash not yet collected from the stockholders $25,300 2.3 million $87,239 3 million

NOTE 5 _ FIXED ASSETS AND LEASE

NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT	6 Months Ended
NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT	Feb. 28, 2022
Property, Plant and Equipment [Abstract]
NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT	NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT The Company capitalized the renovation cost as leasehold improvement and the cost of furniture and appliances as fixed asset. Leasehold improvement relates to renovation and upgrade of an office and an offline display store. The leasehold improvement is depreciated over 3 7 5 The depreciation expense was $26,600 $26,448 February 28, 2022 August 31, 2021 Leasehold improvement $ 146,304 $ 146,304 Appliances and furniture 25,974 25,974 Total cost 172,278 172,278 Accumulated depreciation ( 145,173 ) ( 118,573 ) Property and equipment, net $ 27,105 $ 53,705

NOTE 6 _ INTANGIBLE ASSETS

NOTE 6 – INTANGIBLE ASSETS	6 Months Ended
NOTE 6 – INTANGIBLE ASSETS	Feb. 28, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
NOTE 6 – INTANGIBLE ASSETS	NOTE 6 – INTANGIBLE ASSETS As of February 28, 2022 and August 31, 2021, the balance of intangible assets are as follows; February 28, 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 and TV series broadcast rights 2,439,840 2,439,840 Total cost 5,792,533 5,792,533 Less: Accumulated amortization (3,166,862 ) (1,793,728 ) Intangible asset, net $ 2,625,671 $ 3,998,805 Intangible assets include 1) a patent license right obtained from Guangzhou Shengshituhua Film and Television Company Limited as a worldwide license to a video synthesis and release system for mobile communications equipment (See Note 10), 2) copyrights for the movie “Love over the world”, “Huafeng”, “Our treasures” and the sitcom “Chujian”, and 3) broadcast rights for fifty-nine movie and TV series. The amortization expense for three months ended February 28, 2022, and February 28, 2021 was $686,567 and $283,481 respectively. The amortization expense for six months ended February 28, 2022, and February 28, 2021 was $1,373,134 and $424,207 respectively. On January 24, 2022, the company sold the mainland China copyright and broadcast right of the movie “Love over the world”, “Our treasures” and “Confusion” received $1,800,000. The Company remains to have all copyright of outside of mainland China. The estimated amortization expense for each of the two succeeding years is as follows. The intangible assets as of February 28, 2022 will be fully amortized in the fiscal year of 2023. Year ending February 28, Amortization expense 2022 $ 1,348,133 2023 $ 1,277,539

NOTE 7 _ RIGHTS-TO-USE OPERATIN

NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET	6 Months Ended
NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET	Feb. 28, 2022
Transfers and Servicing [Abstract]
NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET	NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET Rights-to-use lease assets, net consisted of the following: February 28, 2022 August 31, 2021 Right-to-use gross asset $ 1,303,392 $ 223,237 Less: accumulated amortization ( 294,797 ) ( 175,410 ) Right-to-use asset, net $ 1,008,595 $ 47,827

NOTE 8 _ LONG-TERM PREPAYMENT

NOTE 8 – LONG-TERM PREPAYMENT	6 Months Ended
NOTE 8 – LONG-TERM PREPAYMENT	Feb. 28, 2022
Accounting Policies [Abstract]
NOTE 8 – LONG-TERM PREPAYMENT	NOTE 8 – LONG-TERM PREPAYMENT The long-term prepayment balance relates to movie copyrights and broadcast rights for movies as below: Name of movie February 28, 2022 August 31, 2021 Prepayment of Movie LuShang $ 256,000 $ 256,000 Prepayment of Movie QiQingKuaiChe 838,400 505,600 Prepayment of Movie Too Simple 1,271,265 — Total long-term prepayment $ 2,365,665 $ 761,600 • In October 2019, the Company acquired a broadcast right of “Lushang” (English name: “On the Way”) from All In One Media Ltd for online streaming at a price of $256,000 This broadcast right permits online streaming globally and has been fully paid. “Lushang” has been approved for screening by the Chinese government in February 2022. Prepayment of $256,000 will be recognized as intangible assets upon available for online broadcasting after one month it’s released in mainland China cinemas. • In November 2019, the Company acquired a broadcast right of “Qi Qing Kuai Che” (English name: “Confusion”) from All In One Media Ltd for online streaming at a price of $115,200 . This broadcast right only allows online streaming outside China. In July 2021, the Company acquired the full movie copyright for both domestic and overseas with an additional cost of $908,800, and the total price is $1,024,000 . As of February 28, 2022, the Company made payment of $838,400 had the remaining balance paid in March 2022. This movie copyright will be recognized as intangible asset when released for online broadcast in March 2022. The Company sold the mainland China copyright and broadcast right of this movie in January 2022 (See Note 6). • The Company acquired a movie copyright of “Too Simple” from Guang Dong Honor Pictures Ltd in July 2021 at a price of $1,271,265 , which was to be paid in installments. As of February 28, 2022 and August 31, 2021, $1,271,265 and $644,785 was paid and recorded in long-term prepayment. On December 31, 2021, the Company entered into a termination contract with Guang Dong Honor Pictures Ltd to cancel the purchase of this movie copyright and will receive a full refund before May 31, 2022. The Company negotiated with Guang Dong Honor Pictures and orally agreed to resume the purchase transaction. The Company received the copy of the movie in May 2022 and will recognize this into intangible assets once the copyright received. The Company reclassified the amount paid to long-term prepayment account.

NOTE 9 _ FAIR VALUE MEASUREMENT

NOTE 9 – FAIR VALUE MEASUREMENTS	6 Months Ended
NOTE 9 – FAIR VALUE MEASUREMENTS	Feb. 28, 2022
Debt Disclosure [Abstract]
NOTE 9 – FAIR VALUE MEASUREMENTS	NOTE 9 – FAIR VALUE MEASUREMENTS The Company applies ASC 820, Fair Value Measurements and Disclosures ASC 820 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1 — Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 — Include other inputs that are directly or indirectly observable in the marketplace. ASC 820 describes three main approaches to measuring the fair value of assets and liabilities: (1) market approach; (2) income approach; and (3) cost approach. The market approach uses prices and other relevant information generated from market transactions involving identical or comparable assets or liabilities. The income approach uses valuation techniques to convert future amounts to a single present value amount. The measurement is based on the value indicated by current market expectations about those future amounts. The cost approach is based on the amount that would currently be required to replace an asset. Derivative liabilities of conversion features in convertible notes are classified within Level 3. We estimate the fair values of these liabilities at February 28, 2021 by using Monte Carlo simulation based on the remaining contractual terms, risk-free interest rates, and expected volatility of the stock prices, etc. The assumptions used, including the market value of stock prices in the future and the expected volatilities, were subjective unobservable inputs. Liabilities measured at fair value on a recurring basis are summarized below: Fair value measurement using: Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs ( Level 2) Unobservable inputs ( Level 3) Total Fair value at Derivative liabilities $ — $ — $ — $ — Derivative liabilities embedded in convertible notes Fair value at August 31, 2020 $ 64,584 Increase from note issuances 74,187 Decrease from note conversions ( 33,490 ) Changes in the fair value 58,090 Fair value at November 30, 2020 $ 163,371 Increase from note issuances — Decrease from note prepayment ( 136,320 ) Changes in the fair value 18,439 Fair value at February 28, 2021 $ 45,490

NOTE 10_ RELATED PARTY TRANSACT

NOTE 10– RELATED PARTY TRANSACTIONS	6 Months Ended
NOTE 10– RELATED PARTY TRANSACTIONS	Feb. 28, 2022
Related Party Transactions [Abstract]
NOTE 10– RELATED PARTY TRANSACTIONS	NOTE 10– RELATED PARTY TRANSACTIONS In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by stockholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. As of February 28, 2022 and August 31, 2021, the Company had due to stockholders of $18,795 $2,347 Youall Perform Services Ltd, owned by the son of the Company’s Chief Executive Offer and the Company’s former Secretary and Treasurer Jianli Deng, collects revenue from the performance matching platform “Ai Bian Quan Qiu” via a Wechat official account on behalf of the Company. Due to the COVID-19 impact, the Company ceased operation of the “Ai Bian Quan Qiu” platform in January 2020. For the three and six months ended February 28, 2022 and 2021, the Company didn’t recognize any revenue from this performance matching platform, respectively. The balance of related party receivable from Youall Perform Services Ltd was $0 $1,439 In September 2019, the Company entered into an agreement with Youall Perform Services Ltd for two transactions. 1) The Company pays Youall Perform Services Ltd. 10% of the revenue generated from the “Ai Bian Quan Qiu” platform every month to reimburse the valued-added tax, tax surcharges, and foreign transaction fee Youall Perform Services Ltd. has been paying on behalf of the Company. 2) Youall Perform Services Ltd. will provide IT consulting service for “Ai Bian Quan Qiu” platform upgrade and maintenance at a total cost of $128,000 , out of which $108,800 has been paid. As there has been no revenue from the “Ai Bian Quan Qiu” platform due to COVID-19 since mid-January, 2020, $108,800 long-term prepayment was expensed as research and development expense in FY2020. In July 2020, the Company changed the service scope of this agreement and turned it into a website maintenance contract over the next two years. The major website of this Company is ABQQ.tv for video streaming. The contract amount remains to be $128,000 , out of which $108,800 was previously paid and $19,200 will be due on the twenty first month after the launch of the website www.abqq.tv. The website maintenance service began on January 1, 2021 and will end on December 31, 2022. The Company will pay Youall Perform Services Ltd the remaining balance of $19,200 in September, 2022. The Company has entered into a patent license agreement with a related party Guangzhou Shengshituhua Film and Television Company Limited (“Licensor”) 100% owned by the Chief Executive Officer Chiyuan Deng. The agreement is for a term of 5 years June 1, 2017 $500,000 20% $0 $30,720 $0 $15,360 The Company rented an office from ZESTV STUDIOS LIMITED, a Hong Kong entity 100% owned by the Chief Executive Officer Chiyuan Deng (See Note 14). On December 1, 2020, the Company entered an agreement with ZESTV STUDIOS LIMITED to grant ZESTV STUIDIOS LIMITED the distribution right for the movie “Love over the world” and charge ZESTV STUIDIOS LIMITED movie royalties. The Company’s royalties revenue is stipulated to equal 43% of the after-tax movie box office revenue deducting movie issuance costs. The movie box office revenue is tracked by a movie distributor Huaxia Film Distribution Co. Ltd (hereafter “Hua Xia”) in China as it connects with all movie theaters in China and can track the total movie box office revenue online in real time. Although ZESTV STUDIOS LIMITED has paid royalties revenue to the Company, ZESTV STUDIOS LIMITED failed to collect cash from Hua Xia. The Company will refund ZESTV STUDIOS LIMITED the movie royalties. As of February 28, 2022 and August 31, 2021, the Company had related party payable to ZESTV STUDIOS LIMITED of $878,466 $933,434 On September 11, 2020, the Company entered into an amended employment agreement with Chiyuan Deng, our Chief Executive Officer. Pursuant the amended agreement, the Company amended the compensation to Mr. Deng to include a salary of $180,000 annually, a reduction in common stock issued to Mr. Deng, a potential for a bonus in cash or shares, and the issuance of 100,000 shares of our newly created Series A Preferred Stock at par value $0.001 .. Mr. Deng returned 261,111 shares common stock to the Company received under his initial employment agreement. During the six months ended February 28, 2022 and February 2021, the Company paid CEO and CFO total salary of $290,917 $184,337 $239,667 $132,987

NOTE 11 _ STOCKHOLDERS_ EQUITY

NOTE 11 – STOCKHOLDERS’ EQUITY	6 Months Ended
NOTE 11 – STOCKHOLDERS’ EQUITY	Feb. 28, 2022
Equity [Abstract]
NOTE 11 – STOCKHOLDERS’ EQUITY	NOTE 11 – STOCKHOLDERS’ EQUITY The Company has the following equity activities during the six months ended February 28, 2022: Common shares • The Company issued 2,500,000 3,000,000 $0.02288 $0.02719 • The Company issued 3,146,854 • The Company issued 1,800,000 $0.01548 3,000,000 $0.01716 2,300,000 $0.01729 2,300,000 $0.0110 • As stock-based compensation for annual bonus for calendar year of 2021, the Company issued 5,000,000 10,000,000 $0.0138 • The Company issued 5,521,473 • The Company issued 30,000,000 $0.0138 Preferred shares On September 3, 2021, the Company entered into a securities purchase agreement with an accredited investor, whereby the investor purchased from the Company 234,300 $203,500 $184,000 On October 21, 2021, the Company entered into a securities purchase agreement with an accredited investor, whereby investor purchased from the Company 98,325 $85,450 $75,368 During the quarter ended November 30, 2021, the Company issued 153 $153,000 $140,760 On December 20, 2021, the Company issued 34 shares of series D preferred stock to the investor for the purchase price of $34,000 . After the payment of transaction-related expenses, net proceeds to the Company from the issuance of the Series D Preferred Stock was $31,267 . On January 21, 2022, the Company entered into a securities purchase agreement with an accredited investor, whereby investor purchased from the Company 89,490 $78,035 $68,529

NOTE 12 _ INCOME TAXES

NOTE 12 – INCOME TAXES	6 Months Ended
NOTE 12 – INCOME TAXES	Feb. 28, 2022
Income Tax Disclosure [Abstract]
NOTE 12 – INCOME TAXES	NOTE 12 – INCOME TAXES Components of net deferred tax assets, including a valuation allowance, are as follows: February 28,2022 August 31, 2021 Deferred tax asset attributable to: Net operating loss carry over $ 998,118 $ 871,681 Less: valuation allowance ( 998,118 ) ( 871,681 ) Net deferred tax asset $ — $ — The valuation allowance for deferred tax assets was $998,118 $871,681 Reconciliation between the statutory rate and the effective tax rate is as follows: Six months ended February 28, 2022 2021 Federal statutory tax rate 21 % 21% Change in valuation allowance (21 %) (21%) Effective tax rate 0 % 0% The Company's future business will focus on local cinemas and websites in the United States. During the six months ended February 28, 2022 and February 28, 2021, the Company and its subsidiary have incurred a consolidated net loss of $600,105 and $1,521,663

NOTE 13 _ CONCENTRATION OF RISK

NOTE 13 – CONCENTRATION OF RISK	6 Months Ended
NOTE 13 – CONCENTRATION OF RISK	Feb. 28, 2022
Risks and Uncertainties [Abstract]
NOTE 13 – CONCENTRATION OF RISK	NOTE 13 – CONCENTRATION OF RISK Credit risk Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash. The Hong Kong Deposit Protection Board pays compensation up to a limit of HKD 500,000 (approximately $64,000) if the bank with which an individual/a company hold its eligible deposit fails. As of February 28, 2022 and August 31, 2021, cash balance of $114,747 $131,796 $250,000

NOTE 14 _ COMMITMENTS AND CONTI

NOTE 14 – COMMITMENTS AND CONTINGENCIES	6 Months Ended
NOTE 14 – COMMITMENTS AND CONTINGENCIES	Feb. 28, 2022
Commitments and Contingencies Disclosure [Abstract]
NOTE 14 – COMMITMENTS AND CONTINGENCIES	NOTE 14 – COMMITMENTS AND CONTINGENCIES Contingencies From time to time, the Company may be involved in litigation relating to claims arising out of its operations in the normal course of business. There are no pending or threatened lawsuits that could reasonably be expected to have a material effect on the results of its operations and there are no proceedings in which any of the Company’s directors, officers, or affiliates, or any registered or beneficial stockholder, is an adverse party or has a material interest adverse to the Company’s interest. Operating lease On November 22, 2020, the Company closed down a display store and terminated its lease, which has an original term from February 23, 2019 to February 22, 2022, as a result of the COVID-19 impact and uncertainties of the economy in Hong Kong. The Company leased certain office space in Hong Kong from ZESTV STUDIOS LIMITED, a Hong Kong entity 100% owned by the Chief Executive Officer Chiyuan Deng, under operating lease for three years $66,048 two years $66,048 The Company lease office space in Singapore under operating lease from April 13, 2021 to March 31, 2022 with monthly rental of $716 The Company leases office space at 48 Wall Street, New York, under operating lease for one year $20,400 On October 21, 2021, the Company signed a lease agreement to lease “the Mt. Kisco Theatre”, a movie theater, for five years $14,366 The cash lease expense for the six months ended February 28, 2022 and 2021 was $53,121 $48,293 $29,313 $21,612 1,099,892 In accordance with ASC 250-10-45-14, the adoption of ASC 842 lease accounting standard has resulted in $124,551 and $49,483 lease expenses for the six months ended February 28, 2022 and 2021, respectively, including both cash and non-cash lease expenses. February 28, 2022 August 31, 2021 Total Lease Payments $ 1,099,892 $ 48,822 Less: imputed interest $ (19,468 ) $ (596 ) Present value of lease liabilities $ 1,080,424 $ 48,226 Current portion of obligations under operating leases $ 177,451 $ 48,226 Obligations under operating leases, non-current $ 902,973 $ 0 For future lease payment for next five years as follow Year Amount FY2023 $ 184,088 FY2023 178,677 FY2024 248,168 FY2025 252,954 FY2026 236,005 Total lease payments 　 $ 1,099,892

NOTE 15 _ SUBSEQUENT EVENTS

NOTE 15 – SUBSEQUENT EVENTS	6 Months Ended
NOTE 15 – SUBSEQUENT EVENTS	Feb. 28, 2022
Subsequent Events [Abstract]
NOTE 15 – SUBSEQUENT EVENTS	NOTE 15 – SUBSEQUENT EVENTS In accordance with ASC 855-10, the Company has analyzed its operations subsequent to February 28, 2022 to the date these financial statements were issued. On March 1, 2022, the Company acquired 5 movies copyright at a price of $1,500,000 from All In One Media Limited. The Company acquired 15 parts sitcom web series copyright at a price of $190,000 from All In One Media Limited. On March 2, 2022, the Company acquired 25 parts web drama series copyright at a price of $525,000 from Anyone Pictures Ltd. On April 27, 2022, the Company acquired NFT MMM from Stareastnet Portal Ltd, at a price of $280,000. The Company hold STAREASTnet NFT Movies and Music Marketplace (NFT MMM), a decentralized application based on the NFT (Non-Fungible Token) for a movie and music marketplace with the option to buy physical, digital download or both, in one place. The digital copyrights of movies and music are generalized through NFTs, whose smart contracts facilitate the verifications of digital copyrights saved on the blockchain. On May 3, 2022, the Company sold the mainland China copyright and broadcast right of the movie “Lushang” to a third party at a price of $128,000. Subsequent cash receipt for Put share issuance: On March 3, 2022, the Company received $19,560 for the issuance of 2,300,000 shares. On March 19, 2022, the Company received $73,579 for the issuance of 96,075 shares of Series C Convertible Preferred Stock. Issuance of Common Stock: On March 10, 2022, the Company issued 5,638,298 shares for the conversion of Series C preferred stock. On March 11, 2022, the Company issued 3,639,345 shares for the conversion of Series D preferred stock. On March 15, 2022, the Company issued 2,819,149 shares for the conversion of Series C preferred stock. On March 16, 2022, the Company issued 2,329,670 shares for the conversion of Series C preferred stock. On March 21, 2022, the Company issued 4,764,045 shares for the conversion of Series C preferred stock. On March 24, 2022, the Company issued 6,235,294 shares for the conversion of Series C preferred stock. On March 30, 2022, the Company issued 4,416,667 shares for the conversion of Series C preferred stock. On April 7, 2022, the Company issued 2,841,389 shares for the conversion of Series C preferred stock.

NOTE 1 _ BASIS OF PRESENTATIO_2

NOTE 1 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Feb. 28, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of AB International Group Corp. (the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X of the Securities Exchange Commission. In accordance with those rules and regulations certain information and footnote disclosures normally included in consolidated financial statements have been omitted pursuant to such rules and regulations. The consolidated balance sheet as of August 31, 2021 derives from the audited consolidated financial statements at that date, but does not include all the information and footnotes required by GAAP. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended August 31, 2021. The unaudited consolidated financial statements as of and for the three and six months ended February 28, 2022 and 2021, in the opinion of management, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair presentation of the Company’s financial condition, results of operations and cash flows. The results of operations for the three and six months ended February 28, 2022 and 2021 are not necessarily indicative of the results to be expected for any other interim period or for the entire year.
Foreign Currency Transactions	Foreign Currency Transactions Currently the Company does not use derivative instruments to reduce its exposure to foreign currency risk. Non-monetary assets and liabilities are translated at historical rates and monetary assets and liabilities are translated at exchange rates in effect at the end of the year. Revenues and expenses are translated at average rates for the year. Gains and losses from translation of foreign currency financial statements into U.S. dollars are included in current results of operations.
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC 820, “Fair Value Measurements” (ASC 820) and ASC 825, “Financial Instruments” (ASC 825), requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value: Level 1 – Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities. Level 2 – Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data. Level 3 – Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities. The carrying values of cash, accounts payable, and accrued liabilities approximate fair value due to their short-term nature. The fair values of warrant liabilities and derivative liabilities embedded in convertible notes are determined by level 3 inputs.
Accounting for Derivative Instruments	Accounting for Derivative Instruments The Company accounts for derivative instruments in accordance with ASC Topic 815, “Derivatives and Hedging” (ASC 815) and all derivative instruments are reflected as either assets or liabilities at fair value in the balance sheet. The Company uses estimates of fair value to value its derivative instruments. Fair value is defined as the price to sell an asset or transfer a liability in an orderly transaction between willing and able market participants. In general, the Company's policy in estimating fair values is to first look at observable market prices for identical assets and liabilities in active markets, where available. When these are not available, other inputs are used to model fair value such as prices of similar instruments, yield curves, volatilities, prepayment speeds, default rates and credit spreads (including for the Company's liabilities), relying first on observable data from active markets. Additional adjustments may be made for factors including liquidity, credit, bid/offer spreads, etc., depending on current market conditions. Transaction costs are not included in the determination of fair value. When possible, the Company seeks to validate the model's output to market transactions. Depending on the availability of observable inputs and prices, different valuation models could produce materially different fair value estimates. The values presented may not represent future fair values and may not be realizable. The Company categorizes its fair value estimates in accordance with ASC 820 based on the hierarchical framework associated with the three levels of price transparency utilized in measuring financial instruments at fair value as discussed above. Changes in fair value are recognized in the period incurred as either gains or losses.
Basic and Diluted Income (Loss) Per Share	Basic and Diluted Income (Loss) Per Share The Company computes income (loss) per share in accordance with FASB ASC 260, “Earnings per Share” which requires presentation of both basic and diluted earnings per share on the face of the statement of operations. The earnings per share after the reverse stock split is presented retrospectively as if the reverse split had occurred at the very beginning of the business. Basic loss per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of outstanding common shares during the period. Diluted loss per share is computed using the weighted average number of common shares and potential common shares outstanding during the period for warrants, options and restricted shares under treasury stock method, and for convertible debts and convertible preferred stock under if-convertible method, if dilutive. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period and excludes all potential common shares if their effects are anti-dilutive. The Company had preferred shares and had no convertible notes and warrants as of February 28, 2022. As such, 49,977,583 potentially diluted shares from preferred shares were included in the computation of diluted earing per share for the three months ended February 28, 2022. For the three months ended February 28, 2021, and for the six months ended February 28, 2022 and 2021, no potentially diluted shares were included in the diluted loss per share as they would be anti-dilutive.

NOTE 5 _ FIXED ASSETS AND LEA_2

NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT (Tables)	6 Months Ended
NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT (Tables)	Feb. 28, 2022
Property, Plant and Equipment [Abstract]
NOTE 5 - FIXED ASSETS ANDLEASEHOLD IMPROVEMENTS - Leasehold Improvement	February 28, 2022 August 31, 2021 Leasehold improvement $ 146,304 $ 146,304 Appliances and furniture 25,974 25,974 Total cost 172,278 172,278 Accumulated depreciation ( 145,173 ) ( 118,573 ) Property and equipment, net $ 27,105 $ 53,705

NOTE 6 _ INTANGIBLE ASSETS (Tab

NOTE 6 – INTANGIBLE ASSETS (Tables)	6 Months Ended
NOTE 6 – INTANGIBLE ASSETS (Tables)	Feb. 28, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
NOTE 6 - INTANGIBLE ASSETS	February 28, 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 and TV series broadcast rights 2,439,840 2,439,840 Total cost 5,792,533 5,792,533 Less: Accumulated amortization (3,166,862 ) (1,793,728 ) Intangible asset, net $ 2,625,671 $ 3,998,805
NOTE 6 - INTANGIBLE ASSETS - Estimated Amortization Expense	Year ending February 28, Amortization expense 2022 $ 1,348,133 2023 $ 1,277,539

NOTE 7 _ RIGHTS-TO-USE OPERAT_2

NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET (Tables)	6 Months Ended
NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET (Tables)	Feb. 28, 2022
Transfers and Servicing [Abstract]
NOTE 7 - RIGHTS-TO-USE OPERATING LEASE ASSETS, NET - Rights-to-use Lease Assets	February 28, 2022 August 31, 2021 Right-to-use gross asset $ 1,303,392 $ 223,237 Less: accumulated amortization ( 294,797 ) ( 175,410 ) Right-to-use asset, net $ 1,008,595 $ 47,827

NOTE 8 _ LONG-TERM PREPAYMENT (

NOTE 8 – LONG-TERM PREPAYMENT (Tables)	6 Months Ended
NOTE 8 – LONG-TERM PREPAYMENT (Tables)	Feb. 28, 2022
Accounting Policies [Abstract]
NOTE 8 - LONG TERM PREPAYMENT - Movie Copyrights and Broadcast Rights Pre-Payments	Name of movie February 28, 2022 August 31, 2021 Prepayment of Movie LuShang $ 256,000 $ 256,000 Prepayment of Movie QiQingKuaiChe 838,400 505,600 Prepayment of Movie Too Simple 1,271,265 — Total long-term prepayment $ 2,365,665 $ 761,600

NOTE 9 _ FAIR VALUE MEASUREME_2

NOTE 9 – FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
NOTE 9 – FAIR VALUE MEASUREMENTS (Tables)	Feb. 28, 2022
Debt Disclosure [Abstract]
NOTE 9 - FAIR VALUE MEASUREMENTS - Measured on a Recurring Basis	Fair value measurement using: Quoted prices in active markets for identical assets (Level 1) Significant other observable inputs ( Level 2) Unobservable inputs ( Level 3) Total Fair value at Derivative liabilities $ — $ — $ — $ —
NOTE 11 - FAIR VALUE MEASUREMENTS - Schedule of Fair Value Summary	Derivative liabilities embedded in convertible notes Fair value at August 31, 2020 $ 64,584 Increase from note issuances 74,187 Decrease from note conversions ( 33,490 ) Changes in the fair value 58,090 Fair value at November 30, 2020 $ 163,371 Increase from note issuances — Decrease from note prepayment ( 136,320 ) Changes in the fair value 18,439 Fair value at February 28, 2021 $ 45,490

NOTE 12 _ INCOME TAXES (Tables)

NOTE 12 – INCOME TAXES (Tables)	6 Months Ended
NOTE 12 – INCOME TAXES (Tables)	Feb. 28, 2022
Income Tax Disclosure [Abstract]
NOTE 12 - INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities	February 28,2022 August 31, 2021 Deferred tax asset attributable to: Net operating loss carry over $ 998,118 $ 871,681 Less: valuation allowance ( 998,118 ) ( 871,681 ) Net deferred tax asset $ — $ —
NOTE 12 - INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation	Six months ended February 28, 2022 2021 Federal statutory tax rate 21 % 21% Change in valuation allowance (21 %) (21%) Effective tax rate 0 % 0%

NOTE 14 _ COMMITMENTS AND CON_2

NOTE 14 – COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
NOTE 14 – COMMITMENTS AND CONTINGENCIES (Tables)	Feb. 28, 2022
Commitments and Contingencies Disclosure [Abstract]
NOTE 14 - COMMITMENTS AND CONTINGENCIES - Lease Costs	February 28, 2022 August 31, 2021 Total Lease Payments $ 1,099,892 $ 48,822 Less: imputed interest $ (19,468 ) $ (596 ) Present value of lease liabilities $ 1,080,424 $ 48,226 Current portion of obligations under operating leases $ 177,451 $ 48,226 Obligations under operating leases, non-current $ 902,973 $ 0
NOTE 14 - COMMITMENTS AND CONTINGENCIES - Future Lease Payments	Year Amount FY2023 $ 184,088 FY2023 178,677 FY2024 248,168 FY2025 252,954 FY2026 236,005 Total lease payments 　 $ 1,099,892

NOTE 1 _ BASIS OF PRESENTATIO_3

NOTE 1 – BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	3 Months Ended
	Feb. 28, 2022USD ($)
Accounting Policies [Abstract]
Dilutive Securities, Effect on Basic Earnings Per Share	$ 49,977,583

NOTE 2 _ GOING CONCERN (Details

NOTE 2 – GOING CONCERN (Details Narrative)	6 Months Ended
NOTE 2 – GOING CONCERN (Details Narrative)	Feb. 28, 2022USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
[custom:RetainedEarningsAccumulatedDeficitEstimated-0]	$ 7.18
Banking Regulation, Total Capital, Actual	58,183
[custom:NetIncomeLossEstimated]	0.6
[custom:NetCashProvidedByUsedInOperatingActivitiesEstimated]	0.9
[custom:OtherOperatingIncomeEstimated]	$ 0.45

NOTE 3 _PREPAID EXPENSES (Detai

NOTE 3 –PREPAID EXPENSES (Details Narrative) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid Expense, Current	$ 24,478	$ 13,566

NOTE 4 _ SUBSCRIPTION RECEIVA_2

NOTE 4 – SUBSCRIPTION RECEIVABLE (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Feb. 28, 2022	Aug. 31, 2021
Financing Receivable, after Allowance for Credit Loss	$ 25,300	$ 87,239
Put Shares [Member]
Debt Conversion, Converted Instrument, Shares Issued	2,300,000	3,000,000

NOTE 5 - FIXED ASSETS ANDLEASEH

NOTE 5 - FIXED ASSETS ANDLEASEHOLD IMPROVEMENTS - Leasehold Improvement (Details) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Net	$ 27,105	$ 53,705
Renovation Costs [Member]
Property, Plant and Equipment [Line Items]
Leasehold Improvements, Gross	146,304	146,304
Furniture and Fixtures, Gross	25,974	25,974
Property, Plant, and Equipment, Owned, Gross	172,278	172,278
Property, Plant, and Equipment, Lessor Asset under Operating Lease, Accumulated Depreciation	145,173	118,573
Property, Plant and Equipment, Net	$ 27,105	$ 53,705

NOTE 5 _ FIXED ASSETS AND LEA_3

NOTE 5 – FIXED ASSETS AND LEASEHOLD IMPROVEMENT (Details Narrative) - USD ($)	6 Months Ended
	Feb. 28, 2022	Feb. 28, 2021
Finite-Lived Intangible Assets [Line Items]
Depreciation	$ 26,600	$ 26,448
Leasehold Improvement [Member]
Finite-Lived Intangible Assets [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Total Cost
Finite-Lived Intangible Assets [Line Items]
Property, Plant and Equipment, Useful Life	7 years
Appliances [Member]
Finite-Lived Intangible Assets [Line Items]
Property, Plant and Equipment, Useful Life	5 years

NOTE 6 - INTANGIBLE ASSETS (Det

NOTE 6 - INTANGIBLE ASSETS (Details) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Total cost	$ 5,792,533	$ 5,792,533
Less: Accumulated amortization	3,166,862	1,793,728
Intangible asset, net	2,625,671	3,998,805
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	500,000	500,000
Movie Copyright Love Over World [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	853,333	853,333
Movie Copyright Chujian [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	640,000	640,000
Movie Copyright Huafeng [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	422,400	422,400
Movie Copyright Our Treasures [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	936,960	936,960
Movie And T V Broadcast [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Gross	$ 2,439,840	$ 2,439,840

NOTE 6 - INTANGIBLE ASSETS - Es

NOTE 6 - INTANGIBLE ASSETS - Estimated Amortization Expense (Details) - USD ($)	Feb. 28, 2023	Feb. 28, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Finite-Lived Intangible Assets, Amortization Expense, Next Rolling 12 Months		$ 1,348,133
Finite-Lived Intangible Assets, Amortization Expense, Rolling Year Two	$ 1,277,539

NOTE 6 _ INTANGIBLE ASSETS (Det

NOTE 6 – INTANGIBLE ASSETS (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
NOTE 6 – INTANGIBLE ASSETS (Details Narrative) - USD ($)	Jan. 24, 2022	Feb. 28, 2022	Feb. 28, 2021	Feb. 28, 2022	Feb. 28, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets		$ 686,567	$ 283,481	$ 1,373,134	$ 424,207
Proceeds from Sale of Intangible Assets	$ 1,800,000

NOTE 7 - RIGHTS-TO-USE OPERATIN

NOTE 7 - RIGHTS-TO-USE OPERATING LEASE ASSETS, NET - Rights-to-use Lease Assets (Details) - USD ($)	6 Months Ended	12 Months Ended
	Feb. 28, 2022	Aug. 31, 2021
Transfers and Servicing [Abstract]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 1,303,392	$ 223,237
Finance Lease, Right-of-Use Asset, Amortization	294,797	175,410
Right-to-use asset, net	$ 1,008,595	$ 47,827

NOTE 8 - LONG TERM PREPAYMENT -

NOTE 8 - LONG TERM PREPAYMENT - Movie Copyrights and Broadcast Rights Pre-Payments (Details) - USD ($)	1 Months Ended		6 Months Ended
	Jul. 31, 2021	Feb. 29, 2020	Feb. 28, 2022	Aug. 31, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Prepaid Expense and Other Assets			$ 2,365,665	$ 761,600
Lushang Copyright [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Prepaid Expense and Other Assets			256,000	256,000
Acquisition Costs, Period Cost		$ 256,000
Payments for Purchase of Other Assets			256,000
Qi Qing Kuai Cheopyright [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Prepaid Expense and Other Assets			838,400	505,600
Too Simple Copyright [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Prepaid Expense and Other Assets			1,271,265
Total Copyright Prepayment [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Prepaid Expense and Other Assets			2,365,665	761,600
Qi Qing Kuai Che Copyright Online [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Acquisition Costs, Period Cost		115,200
Qi Qing Kuai Che Copyright Full Rights [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Acquisition Costs, Period Cost		908,800
Qi Qing Kuai Che Copyright [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Acquisition Costs, Period Cost		$ 1,024,000
Too Simple [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Prepaid Expense and Other Assets			$ 1,271,265	$ 644,785
Acquisition Costs, Period Cost	$ 1,271,265

NOTE 9 - FAIR VALUE MEASUREMENT

NOTE 9 - FAIR VALUE MEASUREMENTS - Measured on a Recurring Basis (Details)	Feb. 28, 2022USD ($)
Defined Benefit Plan Disclosure [Line Items]
Derivative Liability
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Derivative Liability
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Derivative Liability
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Derivative Liability

NOTE 11 - FAIR VALUE MEASUREMEN

NOTE 11 - FAIR VALUE MEASUREMENTS - Schedule of Fair Value Summary (Details) - USD ($)	3 Months Ended
	Feb. 28, 2021	Nov. 30, 2020	Aug. 31, 2020
Short-Term Debt [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Period Increase (Decrease)		$ 74,187
Increase (Decrease) in Derivative Assets and Liabilities		33,490
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge	18,439	58,090
[custom:DecreaseFromNotePrePayment]	136,320
Derivative Liabilities [Member]
Short-Term Debt [Line Items]
Debt Instrument, Fair Value Disclosure	$ 45,490	$ 163,371	$ 64,584

NOTE 10_ RELATED PARTY TRANSA_2

NOTE 10– RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Sep. 11, 2020	Sep. 30, 2019	Feb. 28, 2022	Feb. 28, 2021	Feb. 28, 2022	Feb. 28, 2021	Aug. 31, 2021	Jan. 01, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Due to Related Parties, Current			$ 18,795		$ 18,795		$ 2,347
Accounts Payable, Related Parties, Current			$ 878,466		$ 878,466		$ 933,434
Preferred Stock, Par or Stated Value Per Share			$ 0.001		$ 0.001		$ 0.001
[custom:SharesReturnedToCompany]					261,111
Guangzhou Shengshituhua Film [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Acquired Finite-Lived Intangible Asset, Weighted-Average Period before Renewal or Extension					5 years
Business Acquisition, Effective Date of Acquisition					Jun. 1, 2017
Payments to Acquire Productive Assets					$ 500,000
Royalty percentage rate due					20.00%
Royalty Expense			$ 0	$ 15,360	$ 0	$ 30,720
Chief Executive Officer Amended [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Accrued Salaries, Current	$ 180,000
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture	100,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001
C E O And C F O [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payments to Employees			239,667	$ 132,987	290,917	$ 184,337
Youall Perform Services L T D [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Accounts Payable, Related Parties, Current			0		0		$ 1,439
Capitalized Computer Software, Additions		$ 128,000
Payments to Develop Software		$ 108,800
Certain Loans Acquired in Transfer Accounted for as Debt Securities, Outstanding Balance								$ 19,200
Guangzhou Yuezhi Computer [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
SEC Schedule, 12-17, Insurance Companies, Reinsurance, Premium, Percentage Assumed to Net		10.00%
Capitalized Computer Software, Additions		$ 128,000
Payments to Develop Software		$ 108,800
Zestv Studios Limited [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Accounts Payable, Related Parties, Current			$ 878,466		$ 878,466		$ 933,434

NOTE 11 _ STOCKHOLDERS_ EQUITY

NOTE 11 – STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Sep. 03, 2021	Oct. 21, 2021	Feb. 28, 2022	Nov. 30, 2021
Put Share 0. 02288 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
[custom:StockIssuedDuringPeriodPutSharesForCashShares]				2,500,000
Put Share 0. 02719 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
[custom:StockIssuedDuringPeriodPutSharesForCashShares]				3,000,000
Put Shares 1 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share				$ 0.02288
Put Shares 2 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share				$ 0.02719
G H S [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Conversion of Units			5,521,473	3,146,854
Shares Issued At. 01548 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share			$ 0.01548
Stock Issued During Period, Shares, Other			1,800,000
Shares Issued At 0. 01716 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share			$ 0.01716
Stock Issued During Period, Shares, Other			3,000,000
Shares Issued At 0. 01729 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share			$ 0.01729
Stock Issued During Period, Shares, Other			2,300,000
Shares Issued At 0. 0110 [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share			$ 0.0110
Stock Issued During Period, Shares, Other			2,300,000
Chief Investment Officer [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Employee Benefit Plan			5,000,000
C E O [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Employee Benefit Plan			10,000,000
C E O And Chief Investment Officer [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share			$ 0.0138
Seven Consultants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share			$ 0.0138
Stock Issued During Period, Shares, Issued for Services			30,000,000
Accredited Investor One [Member] \| Preferred Class C [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of Stock, Number of Shares Issued in Transaction	234,300
Proceeds from Issuance or Sale of Equity	$ 203,500
Sale of Stock, Consideration Received on Transaction	$ 184,000
Accredited Investor Two [Member] \| Preferred Class C [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of Stock, Number of Shares Issued in Transaction		98,325
Proceeds from Issuance or Sale of Equity		$ 85,450
Sale of Stock, Consideration Received on Transaction		$ 75,368
Investor One [Member] \| Seires D Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Other				153
[custom:StockIssuedDuringPeriodSharesValue]				153,000
Proceeds from Issuance of Preferred Stock and Preference Stock				$ 140,760
Investor Two [Member] \| Seires D Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Other				34
[custom:StockIssuedDuringPeriodSharesValue]				34,000
Proceeds from Issuance of Preferred Stock and Preference Stock				$ 31,267
Investor Three [Member] \| Seires C Preferred Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Other				89,490
[custom:StockIssuedDuringPeriodSharesValue]				78,035
Proceeds from Issuance of Preferred Stock and Preference Stock				$ 68,529

NOTE 12 - INCOME TAXES - Schedu

NOTE 12 - INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Operating Loss Carryforwards	$ 998,118	$ 871,681
Deferred Tax Assets, Valuation Allowance	998,118	871,681
Deferred Tax Assets, Net of Valuation Allowance

NOTE 12 - INCOME TAXES - Sche_2

NOTE 12 - INCOME TAXES - Schedule of Effective Income Tax Rate Reconciliation (Details)	6 Months Ended
	Feb. 28, 2022	Feb. 28, 2021
Income Tax Disclosure [Abstract]
Federal statutory tax rate	21.00%	21.00%
Change in valuation allowance	(21.00%)	(21.00%)
Effective tax rate	0.00%	0.00%

NOTE 12 _ INCOME TAXES (Details

NOTE 12 – INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
NOTE 12 – INCOME TAXES (Details Narrative) - USD ($)	Feb. 28, 2022	Feb. 28, 2021	Feb. 28, 2022	Feb. 28, 2021	Aug. 31, 2021
Income Tax Disclosure [Abstract]
Deferred Tax Assets, Valuation Allowance	$ 998,118		$ 998,118		$ 871,681
Net Income (Loss) Attributable to Parent	$ (450,429)	$ 996,209	$ 600,105	$ 1,521,663

NOTE 13 _ CONCENTRATION OF RI_2

NOTE 13 – CONCENTRATION OF RISK (Details Narrative) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Risks and Uncertainties [Abstract]
Cash Equivalents, at Carrying Value	$ 114,747	$ 131,796
Cash, FDIC Insured Amount	$ 250,000

NOTE 14 - COMMITMENTS AND CONTI

NOTE 14 - COMMITMENTS AND CONTINGENCIES - Lease Costs (Details) - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Total Lease Payments	$ 1,099,892	$ 48,822
Less: imputed interest	(19,468)	(596)
Present value of lease liabilities	1,080,424	48,226
Current portion of obligations under operating leases	177,451	48,226
Obligations under operating leases, non-current	$ 902,973	$ 0

NOTE 14 _ COMMITMENTS AND CON_3

NOTE 14 – COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Feb. 28, 2022	Feb. 28, 2021	Feb. 28, 2022	Feb. 28, 2021	May 01, 2022	Oct. 21, 2021	Sep. 01, 2021	Aug. 31, 2021	Apr. 13, 2021	May 01, 2019
Other Commitments [Line Items]
Accrued Rent, Current	$ 177,451		$ 177,451					$ 48,226
Operating Leases, Rent Expense, Net	29,313	$ 21,612	53,121	$ 48,293
Short-Term Lease Commitment, Amount	$ 1,099,892		1,099,892
Lease, Cost			$ 124,551	$ 49,483
Hong Kong Lease [Member]
Other Commitments [Line Items]
Lessee, Operating Lease, Term of Contract					2 years					3 years
Operating Leases, Future Minimum Payments Due, Next 12 Months					$ 66,048					$ 66,048
Singapore [Member]
Other Commitments [Line Items]
Accrued Rent, Current									$ 716
New York Lease [Member]
Other Commitments [Line Items]
Lessee, Operating Lease, Term of Contract							1 year
Operating Leases, Future Minimum Payments Due, Next 12 Months							$ 20,400
Kisco Theatre [Member]
Other Commitments [Line Items]
Lessee, Operating Lease, Term of Contract						5 years
Accrued Rent, Current						$ 14,366

NOTE 14 - COMMITMENTS AND CON_2

NOTE 14 - COMMITMENTS AND CONTINGENCIES - Future Lease Payments - USD ($)	Feb. 28, 2022	Aug. 31, 2021
Leases [Abstract]
Operating Leases, Future Minimum Payments, Next Rolling 12 Months	$ 184,088
Operating Leases, Future Minimum Payments, Due in Rolling Year Two	178,677
Operating Leases, Future Minimum Payments, Due in Rolling Year Three	248,168
Operating Leases, Future Minimum Payments, Due in Rolling Year Four	252,954
Operating Leases, Future Minimum Payments, Due in Rolling Year Five	236,005
Lessee, Operating Lease, Liability, to be Paid	$ 1,099,892	$ 48,822