Digital Brand Media & Marketing (DBMM) 10-Q 15 Jul 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	May 31, 2024	Jul. 15, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	May 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Entity Information [Line Items]
Entity Registrant Name	DIGITAL BRAND MEDIA & MARKETING GROUP, INC.
Entity Central Index Key	0001127475
Entity File Number	000-52838
Entity Tax Identification Number	59-3666743
Entity Incorporation, State or Country Code	FL
Current Fiscal Year End Date	--08-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	845 Third Avenue, 6th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
Entity Phone Fax Numbers [Line Items]
City Area Code	646
Local Phone Number	722-2706
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	DBMM
Security Exchange Name	NONE
Entity Common Stock, Shares Outstanding		825,218,631

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	May 31, 2024	Aug. 31, 2023
CURRENT ASSETS
Cash	$ 23,585	$ 44,521
Accounts receivable, net	11,099	20,739
Prepaid expenses and other current assets	19,196	470
TOTAL ASSETS	53,880	65,730
CURRENT LIABILITIES
Accounts payable and accrued expenses	720,081	724,272
Accrued interest	1,475,992	1,189,387
Accrued compensation	1,130,027	1,313,536
Derivative liability	389,404	206,476
Loans payable, net	2,970,665	2,478,291
Officers loans payable	42,969	53,893
Convertible debentures, net	517,242	517,242
	7,246,380	6,483,097
Loan payable, net of short-term portion	14,105	27,297
TOTAL LIABILITIES	7,260,485	6,510,394
STOCKHOLDERS' DEFICIT
Common stock, par value .001; authorized 2,000,000,000 shares; 757,718,631, and 757,718,631, shares issued and outstanding	825,218	825,218
Additional paid in capital	9,813,090	9,813,090
Other comprehensive loss	(9,239)	51,427
Accumulated deficit	(17,837,669)	(17,136,394)
TOTAL STOCKHOLDERS' DEFICIT	(7,206,605)	(6,444,664)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	53,880	65,730
Preferred Stock, Series 1 [Member]
STOCKHOLDERS' DEFICIT
Preferred stock, Series	1,995	1,995
Preferred Stock, Series 2 [Member]
STOCKHOLDERS' DEFICIT
Preferred stock, Series	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	May 31, 2024	Aug. 31, 2023
Common stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Common stock, authorized shares	2,000,000,000	2,000,000,000
Common stock, shares issued	825,218,631	825,218,631
Common stock, shares outstanding	825,218,631	825,218,631
Preferred Stock, Series 1 [Member]
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized shares	2,000,000	2,000,000
Preferred stock, shares issued	1,995,185	1,995,185
Preferred stock, shares outstanding	1,995,185	1,995,185
Preferred Stock, Series 2 [Member]
Preferred stock, par value (in Dollars per share)	$ 0.001	$ 0.001
Preferred stock, authorized shares	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	3 Months Ended		9 Months Ended
	May 31, 2024	May 31, 2023	May 31, 2024	May 31, 2023
Income Statement [Abstract]
REVENUES	$ 42,335	$ 98,496	$ 208,669	$ 221,356
COST OF REVENUES	72,466	81,789	211,844	185,690
GROSS PROFIT	(30,131)	16,707	(3,175)	35,666
COSTS AND EXPENSES
Sales, general and administrative	102,360	107,022	320,672	371,272
TOTAL OPERATING EXPENSES	102,360	107,022	320,672	371,272
OPERATING LOSS	(132,491)	(90,315)	(323,847)	(335,606)
OTHER (INCOME) EXPENSE
Interest expense	158,283	68,391	370,407	224,317
Other income	(17,620)	0	(17,620)	(46,255)
(Gain) loss on derecognition of liabilities	0	(15,375)	(158,287)	73,349
Change in fair value of derivative liability	(157,084)	(166,865)	182,928	128,697
TOTAL OTHER (INCOME) EXPENSES, NET	(16,421)	(113,849)	377,428	380,108
NET INCOME (LOSS)	(116,070)	23,534	(701,275)	(715,714)
OTHER COMPREHENSIVE LOSS
Foreign exchange translation	(45,856)	(93,110)	(60,666)	(67,289)
COMPREHENSIVE LOSS	$ (161,926)	$ (69,576)	$ (761,941)	$ (783,003)
NET LOSS PER SHARE
Basic (in Dollars per share)	$ 0	$ 0	$ 0	$ 0
Diluted (in Dollars per share)	$ 0	$ 0	$ 0	$ 0
WEIGHTED AVERAGE NUMBER OF SHARES
Basic (in Shares)	825,218,631	795,218,631	825,218,631	788,490,690
Diluted (in Shares)	825,218,631	879,742,281	825,218,631	788,490,690

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT - USD ($)	Preferred Stock [Member] Preferred Stock, Series 1 [Member]	Preferred Stock [Member] Preferred Stock, Series 2 [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Preferred Stock, Series 1 [Member]	Preferred Stock, Series 2 [Member]	Total
Shares, beginning and end of period (in Shares) at May. 31, 2023	1,995,185	0
Balance, beginning and end of period at May. 31, 2023	$ 1,995	$ 0
Shares, (in Shares) at Aug. 31, 2022			787,718,631
Shares, (in Shares) at May. 31, 2023			795,218,631
Balance, at Aug. 31, 2022			$ 787,718
Balance, at May. 31, 2023			$ 795,218
Balance, at Aug. 31, 2022				$ 9,666,590
Balance, at May. 31, 2023				9,824,090
Balance, at Aug. 31, 2022					$ 93,478
Other comprehensive income (loss)					(67,289)				$ (67,289)
Balance, at May. 31, 2023					26,189
Balance, at Aug. 31, 2022						$ (16,423,311)
Net loss						(715,714)			(715,714)
Balance, at May. 31, 2023						(17,139,025)
Transactions during the period (in Shares)			7,500,000
Transactions during the period			$ 7,500	157,500
Shares, beginning and end of period (in Shares) at May. 31, 2023	1,995,185	0
Balance, beginning and end of period at May. 31, 2023	$ 1,995	$ 0
Shares, (in Shares) at Feb. 28, 2023			795,218,631
Shares, (in Shares) at May. 31, 2023			795,218,631
Balance, at Feb. 28, 2023			$ 795,218
Balance, at May. 31, 2023			$ 795,218
Balance, at Feb. 28, 2023				9,824,090
Balance, at May. 31, 2023				9,824,090
Balance, at Feb. 28, 2023					119,299
Other comprehensive income (loss)					(93,110)				(93,110)
Balance, at May. 31, 2023					26,189
Balance, at Feb. 28, 2023						(17,162,559)
Net loss						(23,534)			23,534
Balance, at May. 31, 2023						(17,139,025)
Transactions during the period (in Shares)			0
Transactions during the period			$ 0	0
Total Stockholders' Deficit									(6,491,533)
Total Stockholders' Deficit									$ (6,444,664)
Shares, beginning and end of period (in Shares) at May. 31, 2024	1,995,185	0					1,995,185	0
Balance, beginning and end of period at May. 31, 2024	$ 1,995	$ 0					$ 1,995	$ 0
Shares, (in Shares) at Aug. 31, 2023			825,218,631						825,218,631
Shares, (in Shares) at May. 31, 2024			825,218,631						825,218,631
Balance, at Aug. 31, 2023			$ 825,218						$ 825,218
Balance, at May. 31, 2024			$ 825,218						825,218
Balance, at Aug. 31, 2023				9,813,090					9,813,090
Balance, at May. 31, 2024				9,813,090					9,813,090
Balance, at Aug. 31, 2023					51,427				51,427
Other comprehensive income (loss)					(60,666)				(60,666)
Balance, at May. 31, 2024					(9,239)				(9,239)
Balance, at Aug. 31, 2023						(17,136,394)			(17,136,394)
Net loss						(701,275)			(701,275)
Balance, at May. 31, 2024						(17,837,669)			$ (17,837,669)
Transactions during the period (in Shares)			0
Transactions during the period			$ 0	0
Shares, beginning and end of period (in Shares) at May. 31, 2024	1,995,185	0					1,995,185	0
Balance, beginning and end of period at May. 31, 2024	$ 1,995	$ 0					$ 1,995	$ 0
Shares, (in Shares) at Feb. 29, 2024			825,218,631
Shares, (in Shares) at May. 31, 2024			825,218,631						825,218,631
Balance, at Feb. 29, 2024			$ 825,218
Balance, at May. 31, 2024			$ 825,218						$ 825,218
Balance, at Feb. 29, 2024				9,813,090
Balance, at May. 31, 2024				9,813,090					9,813,090
Balance, at Feb. 29, 2024					36,617
Other comprehensive income (loss)					(45,856)				(45,856)
Balance, at May. 31, 2024					$ (9,239)				(9,239)
Balance, at Feb. 29, 2024						(17,721,599)
Net loss						(116,070)			(116,070)
Balance, at May. 31, 2024						$ (17,837,669)			(17,837,669)
Transactions during the period (in Shares)			0
Transactions during the period			$ 0	$ 0
Total Stockholders' Deficit									$ (7,206,605)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	May 31, 2024	May 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (701,275)	$ (715,714)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of derivative liability	182,928	128,697
(Gain) loss on derecognition of liabilities	(158,287)	73,349
Changes in operating assets and liabilities:
Accounts receivable	10,220	334
Prepaid expenses and other assets	(17,621)	0
Accounts payable and accrued expenses	13,312	31,051
Accrued interest	286,605	237,204
Accrued compensation	(65,650)	(51,050)
NET CASH USED IN OPERATING ACTIVITIES	(449,768)	(296,129)
NET CASH USED IN INVESTING ACTIVITIES	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from loan payable	445,062	337,519
Principal repayments loan payable	(6,217)	(5,895)
Officer loans payable	(10,924)	(22,554)
NET CASH PROVIDED BY FINANCING ACTIVITIES	427,921	309,070
EFFECT OF VARIATION OF EXCHANGE RATE OF CASH HELD IN FOREIGN CURRENCY	911	(660)
NET INCREASE/(DECREASE) IN CASH	(20,936)	12,281
CASH - BEGINNING OF YEAR	44,521	9,364
CASH - END OF YEAR	23,585	21,645
Supplemental disclosures of cash flow information:
Cash paid for interest	219	0
Cash paid for taxes	0	0
Noncash investing and financing activities:
Issuance of shares of common stock under convertible debt settlement	$ 0	$ 92,151

ORGANIZATION, BASIS OF PRESENTA

ORGANIZATION, BASIS OF PRESENTATION AND GOING CONCERN	9 Months Ended
	May 31, 2024
Accounting Policies [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 ORGANIZATION, BASIS OF PRESENTATION AND GOING CONCERN N ature of Business and History of the Company Digital Brand Media & Marketing Group, Inc. (“The Company” or “DBMM”) is an OTC:PK listed company. The Company was organized under the laws of the State of Florida on September 29, 1998. The Company strategically focuses on developing the business of its wholly owned and revenue generating online marketing services company, Digital Clarity. With deep DNA in its operating market, blending the services of an experienced professional workforce leveraging a technology offering positions the Company in a strong, forward looking structure. Digital Clarity operates in the growing area of digital marketing that helps companies make the most of the digital economy focusing on areas such as Search Engine Marketing (Google, Yahoo! & Bing), Social Media (Twitter, Facebook & LinkedIn) and Internet Strategy Planning including Design, Analytics and Mobile Marketing. Following the acquisition of Digital Clarity in 2011 the Company has been honing its business model to be the differentiating service provider in digital marketing space to its clients and prospective business as DBMM grows into one of the leaders in the industry going forward. Today, DBMM Group crafts, designs and executes digital marketing strategies across multiple ad platforms and social media networks for a broad array of clients to help each of them establish a uniform brand identity across the digital universe. The product offering is a unique value proposition of intelligent analytics provided by an experienced digital marketing and technology team. Therefore, DBMM Group is a blend of data, strategy and creative execution. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all normal recurring adjustments considered necessary for a fair presentation have been included. Operating results for the nine months ended May 31, 2024 are not necessarily indicative of the results that may be expected for the year ending August 31, 2024. For further information refer to the financial statements and footnotes thereto included in the Company’s Form 10-K for the year ended August 31, 2023. Going Concern The accompanying condensed consolidated financial statements have been prepared on a going concern basis. The financial statements do not reflect any adjustments that might result if the Company is unable to continue as a going concern. The Company has outstanding loans and convertible notes payable aggregating $3.5 million at May 31, 2024 and doesn’t have sufficient cash on hand to satisfy such obligations. The preceding raises substantial doubt about the ability of the Company to continue as a going concern. However, the Company generated net proceeds of $427,921 from financing activities during the nine months ending May 31, 2024. The Company also has a non-binding Commitment Letter from an investor of $250,000 which also includes a right of first refusal on additional capital raise up to $3 million which will contribute to satisfying such obligations and fund any potential cash flow deficiencies from operations for the foreseeable future. Accordingly, the accompanying consolidated financial statements have been prepared in conformity with U.S. GAAP, which contemplates continuation of the Company as a going concern and the realization of assets and satisfaction of liabilities in the normal course of business. The carrying amounts of assets and liabilities presented in the financial statements do not necessarily purport to represent realizable or settlement values. The financial statements do not include any adjustment that might result from the outcome of this uncertainty.

CORRECTION OF AN ERROR

CORRECTION OF AN ERROR	9 Months Ended
	May 31, 2024
Prior Period Adjustment [Abstract]
Error Correction [Text Block]	NOTE 2 CORRECTION OF AN ERROR The Company had recognized $49,500 of accrued expenses as a general reserve for legal fees with no identifiable law firm or vendors in fiscal 2011. No law firms or similar vendors have made a claim regarding this accrual or other legal expenses since fiscal 2011, and accordingly, the Company believes that this accrued expense was recorded in error. The error resulted in an overstatement of accounts payable and accrued expenses and accumulated deficit as of May 31, 2023. This error did not impact the Company’s consolidated statement of operations and comprehensive income and consolidated statement of cash flows. The accounts payable and accrued expenses and accumulated deficit in the accompanying consolidated statements of changes in stockholders’ deficit have been restated as of May 31, 2023, respectively, to reflect the correction of the error.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	May 31, 2024
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 3 SIGNIFICANT ACCOUNTING POLICIES Basis of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary Stylar (DBA Digital Clarity). All significant inter-company transactions are eliminated. The Company has dissolved RTG Ventures (Europe) Limited (“RTGVE”), a dormant subsidiary during November 2022 and the subsidiary was removed from the United Kingdom Companies House in January 2023. Cash and Cash Equivalents Cash and cash equivalents consist primarily of cash in banks. The Company considers cash equivalents to include all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company had no cash equivalents as of May 31, 2024. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are recorded at the invoiced amount and do not bear interest. Accounts receivable are presented net of allowance for doubtful accounts. The Company has a policy of reserving uncollectible accounts based on its best estimate of the amount of probable credit losses in its existing accounts receivable. The Company periodically reviews its accounts receivable to determine whether an allowance is necessary based on an analysis of past due accounts and other factors that may indicate that the realization of an account may be in doubt. Account balances deemed to be uncollectible are charged to the bad debt expense after all means of collection have been exhausted and the potential for recovery is considered remote. The Company had no allowance for doubtful accounts as of May 31, 2024. Prepaid Expenses and Other Assets Prepaid expenses and other assets primarily consists of refundable research and development tax credit as of May 31, 2024 of approximately $18,000 which was recognized as other income in the accompanying unaudited consolidated statement of operations during the nine-month period ended May 31, 2024. Revenue Recognition Revenue is recognized upon transfer of control of promised or services to customers in an amount that reflects the consideration we expect to receive in exchange for those services. We enter into contracts that can include various combinations of services, which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized net of any taxes collected from customers, which are subsequently remitted to governmental authorities. Nature of Services The Company generally provides its services to companies primarily with international exposure and expects the US business to grow going forward. The Company generally provides its services ratably over the terms of the contract and bills such services at a monthly fixed rate. Some of the services are billed quarterly. The Company’s services are sold without guarantees. Significant Judgments Our contracts with customers sometimes include promises to transfer multiple services to a customer. Determining whether services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Judgment is required to determine Standalone Selling Price (SSP) for each distinct performance obligation. The Company uses a single amount to estimate SSP for items that are not sold separately, including set-up services, monthly search advertising services, and monthly optimization and management. Contract Balances The timing of revenue recognition may differ from the timing of invoicing to customers. The Company records receivable when revenue is recognized prior to invoicing, or unearned revenue when revenue is recognized subsequent to invoicing. The allowance for doubtful accounts reflects our best estimate of probable losses inherent in the accounts receivable balance. We determine the allowance based on known troubled accounts, historical experience, and other currently available evidence. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Included in these estimates are assumptions about the collection of its accounts receivable, converted amount of cash denominated in a foreign currency, and estimated amounts of cash, the derivative liability could settle, if not in common shares. Actual results could differ from those estimates. Income Taxes The Company follows the provisions of the ASC 740 -10 related to, Accounting for Uncertain Income Tax Positions. The Company has adopted ASC 740-10-25 Definition of Settlement, Earnings (loss) per common share The Company utilizes the guidance per FASB Codification “ASC 260 “Earnings Per Share”. Basic earnings per share is calculated on the weighted effect of all common shares issued and outstanding and is calculated by dividing net income available to common stockholders by the weighted average shares outstanding during the period. Diluted earnings per share, which is calculated by dividing net income available to common stockholders by the weighted average number of common shares used in the basic earnings per share calculation, plus the number of common shares that would be issued assuming conversion of all potentially dilutive securities outstanding, is not presented separately as it is anti- dilutive. Such securities have been excluded from the per share computations for the three months period ended May 31, 2024 and the three and nine-month periods ended May 31, 2023. During the three-month period ended May 31, 2024, the dilutive securities amounted to 140,872,750 shares of common stock and related to convertible notes. Derivative Liabilities The Company assessed the classification of its derivative financial instruments as of May 31, 2024, which consist of convertible instruments and rights to shares of the Company’s common stock and determined that such derivatives meet the criteria for liability classification under ASC 815. ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described. During the nine-month period ended May 31, 2024 and 2023, the Company had notes payable outstanding in which the conversion rate was variable and undeterminable. Accordingly, the Company has recognized a derivative liability in connection with such instruments. The Company uses judgment in determining the fair value of derivative liabilities at the date of issuance at every balance sheet thereafter and in determining which valuation is most appropriate for the instrument (e.g., Binomial method), the expected volatility, the implied risk-free interest rate, as well as the expected dividend rate. Fair Value of Financial Instruments Effective January 1, 2008, the Company adopted FASB ASC 820-Fair Value Measurements and Disclosures, or ASC 820, for assets and liabilities measured at fair value on a recurring basis. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements establishes a framework for measuring fair value and expands disclosure about such fair value measurements. The adoption of ASC 820 did not have an impact on the Company’s financial position or operating results but did expand certain disclosures. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below. Level 1 Observable inputs such as quoted market prices in active markets for identical assets or liabilities. Level 2 Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3 Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. The Company did not have any Level 2 or Level 3 assets or liabilities as of May 31, 2024, except for its derivative liabilities which are valued based on Level 3 inputs. Cash is highly liquid and easily tradable as of May 31, 2024 and therefore classified as Level 1 within our fair value hierarchy. In addition, FASB ASC 825-10-25 Fair Value Option, or ASC 825-10-25, was effective January 1, 2008. ASC 825-10-25 expands opportunities to use fair value measurements in financial reporting and permits entities to choose to measure many financial instruments and certain other items at fair value. The Company did not elect the fair value options for any of its qualifying financial instruments. Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities”. Professional standards generally provide three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of “Conventional Convertible Debt Instrument”. The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not be bifurcated from their host instruments) in accordance with professional standards when “Accounting for Convertible Securities with Beneficial Conversion Features,” as those professional standards pertain to “Certain Convertible Instruments.” Accordingly, the Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their earliest date of redemption. The Company also records when necessary deemed dividends for the intrinsic value of conversion options embedded in preferred shares based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. ASC 815-40 provides that, among other things, generally, if an event is not within the entity’s control or requires net cash settlement, then the contract shall be classified as an asset or a liability. Stock Based Compensation We account for the grant of stock options and restricted stock awards in accordance with ASC 718, “Compensation-Stock Compensation.” ASC 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity-based compensation. Foreign Currency Translation Assets and liabilities of subsidiaries operating in foreign countries are translated into U.S. dollars using either the exchange rate in effect at the balance sheet date or historical rate, as applicable. Results of operations are translated using the average exchange rates prevailing throughout the year. The effects of exchange rate fluctuations on translating foreign currency assets and liabilities into U.S. dollars are included in a separate component of stockholders’ equity (accumulated other comprehensive loss), while gains and losses resulting from foreign currency transactions are included in operations. Concentration of Risks The Company’s accounts and receivable as of May 31, 2024 and August 31, 2023 and revenues for the nine-month period ended May 31, 2024 and May 31, 2023 are primarily from four customers. Recently Issued Accounting Pronouncements Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying condensed consolidated financial statements.

LOANS PAYABLE

LOANS PAYABLE	9 Months Ended
	May 31, 2024
Debt Disclosure [Abstract]
Long-Term Debt [Text Block]	NOTE 4 LOANS PAYABLE May 31, 2024 August 31, 2023 Loans payable $ 2,984,770 $ 2,505,588 The loans payables are generally due on demand and have not been called, are unsecured, and are bearing interest at a range of 0-12%., with the exception of one loan payable to a financial institution. Such loan, which amounted to $26,100 at May 31, 2024 bears interest rate at 2.5%, is unsecured, matures in November 2027 with principal and interest payable monthly. This loan is part of a Bounce Back Loan Scheme from the UK Government. The company may have to provide alternative consideration (which may be in cash, fixed number of shares or other financial instruments) up to amounts accrued to satisfy its fixed obligations under certain unsecured loans payable. The consideration hasn’t been issued yet and is included in accrued expenses and interest expense and was valued based on the fair value of the consideration at issuance. The aggregate schedule maturities of the Company’s loans payable outstanding as of May 31, 2024 are as follows: Twelve-month period ended May 31, 2025 $ 2,970,665 2026 12,758 2027 1,347 $ 2,984,770

CONVERTIBLE DEBENTURES

CONVERTIBLE DEBENTURES	9 Months Ended
	May 31, 2024
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5 CONVERTIBLE DEBENTURES The Company’s convertible debentures consisted of the following: May 31, 2024 August 31, 2023 Convertible notes payable $ 517,242 $ 517,242 Unamortized debt discount - - Total $ 517,242 $ 517,242 The convertible debentures matured in 2015, and bear interest at ranges between 6% and 15%. The convertible debentures are convertible at ratios varying between 45% and 50% of the closing price at the date of conversion through, at its most favorable terms for the holders, the average of the three lowest closing bids for a period of 5-30 days prior to conversion. No convertible debentures have been issued since 2015 and none executed since 2016. Certain settlements with holders of convertible debentures have been agreed since 2018 to the Company’s benefit.

OFFICERS LOANS PAYABLE

OFFICERS LOANS PAYABLE	9 Months Ended
	May 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 6 OFFICERS LOANS PAYABLE May 31, 2024 August 31, 2023 Officers loans payable $ 42,969 $ 53,893 The loans payables are due on demand, are unsecured, and are non-interest bearing.

DERIVATIVE LIABILITIES

DERIVATIVE LIABILITIES	9 Months Ended
	May 31, 2024
Disclosure Text Block [Abstract]
Derivatives and Fair Value [Text Block]	NOTE 7 DERIVATIVE LIABILITIES The Company accounts for the embedded conversion features included in its convertible instruments as derivative liabilities. At each measurement date, the fair value of the embedded conversion features was based on the lattice binomial method using the following assumptions: May 31, 2024 August 31, 2023 Effective Exercise price 0.0027-0.00432 0.0045 Effective Market price 0.0054 0.009 Volatility 55.5 % 40.55 % Risk-free interest 5.18 % 5.18 % Terms 365 days 365 days Expected dividend rate 0 % 0 % Changes in the derivative liabilities during the nine-month period ended May 31, 2024 is as follows: Balance at August 31, 2023 $ 206,476 Changes in fair value of derivative liabilities 182,928 Balance, May 31, 2024 $ 389,404

ACCRUED COMPENSATION

ACCRUED COMPENSATION	9 Months Ended
	May 31, 2024
Share-Based Payment Arrangement [Abstract]
Share-Based Payment Arrangement [Text Block]	NOTE 8 ACCRUED COMPENSATION As of May 31, 2024, and August 31, 2023, the Company owes $1,130,027 and $1,313,536, respectively, in accrued compensation and expenses to certain directors and consultants. The amounts are non-interest bearing.

COMMON STOCK AND PREFERRED STOC

COMMON STOCK AND PREFERRED STOCK	9 Months Ended
	May 31, 2024
Stockholders' Equity Note [Abstract]
Equity [Text Block]	NOTE 9 COMMON STOCK AND PREFERRED STOCK Preferred Stock- Series 1 and 2 The designation of the Preferred Stock- Series 1 is as follows: Authorized 2,000,000 shares, par value of $0.001. One share of the Company’s Preferred Stock- Series is convertible into 53.04 shares of the Company’s common stock, at the holder’s option and with the Company’s acquiescence, and has three votes per share. The designation of the Preferred Stock- Series 2 is as follows: Authorized 2,000,000 shares, par value of $0.001. One share of the Company’s Preferred Stock- Series is convertible into one share of the Company’s common stock, at the holder’s option and with the Company’s acquiescence, and has no voting rights. Common Stock The Authorized Shares were increased to 2,000,000,000 in April 4, 2016.

DERECOGNITION OF LIABIILITIES

DERECOGNITION OF LIABIILITIES	9 Months Ended
	May 31, 2024
Derecognition Of Liabilities Abstract
Derecognition Of Liabilities[Text Block]	NOTE 10 DERECOGNITION OF LIABIILITIES During the nine-month period ended May 31, 2024, the Company derecognized $158,287 of liabilities which lapsed from statute of limitations. The Company gathered the necessary documentation to ascertain the Company was no longer the obligor of such liabilities following the dissolution of RTGVE in January 2023. The derecognition of liabilities is recognized as a gain on the accompanying consolidated statement of operations. During the nine-month period ended May 31, 2023, the Company successfully reached an agreement with a holder of convertible debentures aggregating $76,216 in principal and interest and derivative liabilities in consideration of 7,500,000 shares of the Company’s common stock, which generated a loss on extinguishment of debt of $88,784. The loss was recognized as loss on derecognition of liabilities in the accompanying consolidated statement of operations. The Company successfully reached an agreement with one its lessors to reduce its liability by $15,435 in April 2023 which was recorded net of its loss on extinguishment of debt during the nine-month ending May 31, 2023. The Company had recognized $49,500 of accrued expenses as a general reserve for legal fees with no identifiable law firm or vendors in fiscal 2011. No law firms or similar vendors have made a claim regarding this accrual or other legal expenses since fiscal 2011, and accordingly, the Company believes that this accrued expense was recorded in error. The error resulted in an overstatement of accounts payable and accrued expenses and accumulated deficit as of May 31, 2023. This error did not impact the Company’s consolidated statement of operations and comprehensive income and consolidated statement of cash flows. The accounts payable and accrued expenses and accumulated deficit in the accompanying consolidated statements of changes in stockholders’ deficit have been restated as of May 31, 2023, respectively, to reflect the correction of the error.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	May 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 11 COMMITMENTS AND CONTINGENCIES Leases The Company leases its facilities under non-cancellable operating leases which are renewable monthly. The leases have monthly base rents. The latest monthly base rent for the Company’s facilities ranges between $285 and $750. Rental expense amounted to $6,186 and $21,822 during the nine-month period ended May 31, 2024 and May 31, 2023, respectively. Consulting Agreement The annual compensation of Linda Perry amounts to $150,000 for her role as a consultant and as Executive Director for US interface to provide oversight regarding external regulatory reporting requirements. In addition, Ms. Perry is the lead executive for capital funding requirements and business development. The agreement has a rolling three-year term through September 2025. Legal Proceedings From time to time, the Company has become or may become involved in certain lawsuits and legal proceedings which arise in the ordinary course of business. The Company intends to vigorously defend its positions. However, litigation is subject to inherent uncertainties and an adverse result in those or other matters may arise from time to time that may harm its financial position, or our business and the outcome of these matters cannot be ultimately predicted.

FOREIGN OPERATIONS

FOREIGN OPERATIONS	9 Months Ended
	May 31, 2024
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 12 FOREIGN OPERATIONS As of May 31, 2024, a majority of our revenues and assets are associated with a subsidiary located in the United Kingdom. Assets at May 31, 2024 and May 31, 2023 and revenues for the nine-month period ended May 31, 2024 and May 31, 2023 were as follows (unaudited) United States Great Britain Total Revenues $ 120,638 $ 88,031 $ 208,669 Total revenues $ 120,638 $ 88,031 $ 208,669 Identifiable assets at May 31, 2024 $ 13,038 $ 40,842 $ 53,880 As of May 31, 2023, most of our revenues and assets are associated with a subsidiary located in the United Kingdom. Assets at May 31, 2023 and revenues for the nine-month period ended May 31, 2023 were as follows (unaudited) United States Great Britain Total Revenues $ - $ 221,356 $ 221,356 Total revenues $ - $ 221,356 $ 221,356 Identifiable assets at May 31, 2023 $ 7,423 $ 26,771 $ 34,194

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	May 31, 2024
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 13 SUBSEQUENT EVENTS The Company has analyzed its operations after May 31, 2024 through the date these financial statements were issued and has determined that it does not have any material subsequent events to disclose.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended		9 Months Ended
	May 31, 2024	May 31, 2023	May 31, 2024	May 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (116,070)	$ 23,534	$ (701,275)	$ (715,714)

Insider Trading Arrangements

Insider Trading Arrangements	9 Months Ended
	May 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	May 31, 2024
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Basis of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary Stylar (DBA Digital Clarity). All significant inter-company transactions are eliminated. The Company has dissolved RTG Ventures (Europe) Limited (“RTGVE”), a dormant subsidiary during November 2022 and the subsidiary was removed from the United Kingdom Companies House in January 2023.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents Cash and cash equivalents consist primarily of cash in banks. The Company considers cash equivalents to include all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company had no cash equivalents as of May 31, 2024.
Receivable [Policy Text Block]	Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are recorded at the invoiced amount and do not bear interest. Accounts receivable are presented net of allowance for doubtful accounts. The Company has a policy of reserving uncollectible accounts based on its best estimate of the amount of probable credit losses in its existing accounts receivable. The Company periodically reviews its accounts receivable to determine whether an allowance is necessary based on an analysis of past due accounts and other factors that may indicate that the realization of an account may be in doubt. Account balances deemed to be uncollectible are charged to the bad debt expense after all means of collection have been exhausted and the potential for recovery is considered remote. The Company had no allowance for doubtful accounts as of May 31, 2024.
Prepaid Expenses and Other Assets [Policy Text Block]	Prepaid Expenses and Other Assets Prepaid expenses and other assets primarily consists of refundable research and development tax credit as of May 31, 2024 of approximately $18,000 which was recognized as other income in the accompanying unaudited consolidated statement of operations during the nine-month period ended May 31, 2024.
Revenue [Policy Text Block]	Revenue Recognition Revenue is recognized upon transfer of control of promised or services to customers in an amount that reflects the consideration we expect to receive in exchange for those services. We enter into contracts that can include various combinations of services, which are generally capable of being distinct and accounted for as separate performance obligations. Revenue is recognized net of any taxes collected from customers, which are subsequently remitted to governmental authorities. Nature of Services The Company generally provides its services to companies primarily with international exposure and expects the US business to grow going forward. The Company generally provides its services ratably over the terms of the contract and bills such services at a monthly fixed rate. Some of the services are billed quarterly. The Company’s services are sold without guarantees. Significant Judgments Our contracts with customers sometimes include promises to transfer multiple services to a customer. Determining whether services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Judgment is required to determine Standalone Selling Price (SSP) for each distinct performance obligation. The Company uses a single amount to estimate SSP for items that are not sold separately, including set-up services, monthly search advertising services, and monthly optimization and management. Contract Balances The timing of revenue recognition may differ from the timing of invoicing to customers. The Company records receivable when revenue is recognized prior to invoicing, or unearned revenue when revenue is recognized subsequent to invoicing. The allowance for doubtful accounts reflects our best estimate of probable losses inherent in the accounts receivable balance. We determine the allowance based on known troubled accounts, historical experience, and other currently available evidence.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Included in these estimates are assumptions about the collection of its accounts receivable, converted amount of cash denominated in a foreign currency, and estimated amounts of cash, the derivative liability could settle, if not in common shares. Actual results could differ from those estimates.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company follows the provisions of the ASC 740 -10 related to, Accounting for Uncertain Income Tax Positions. The Company has adopted ASC 740-10-25 Definition of Settlement,
Earnings Per Share, Policy [Policy Text Block]	Earnings (loss) per common share The Company utilizes the guidance per FASB Codification “ASC 260 “Earnings Per Share”. Basic earnings per share is calculated on the weighted effect of all common shares issued and outstanding and is calculated by dividing net income available to common stockholders by the weighted average shares outstanding during the period. Diluted earnings per share, which is calculated by dividing net income available to common stockholders by the weighted average number of common shares used in the basic earnings per share calculation, plus the number of common shares that would be issued assuming conversion of all potentially dilutive securities outstanding, is not presented separately as it is anti- dilutive. Such securities have been excluded from the per share computations for the three months period ended May 31, 2024 and the three and nine-month periods ended May 31, 2023. During the three-month period ended May 31, 2024, the dilutive securities amounted to 140,872,750 shares of common stock and related to convertible notes.
Derivatives, Policy [Policy Text Block]	Derivative Liabilities The Company assessed the classification of its derivative financial instruments as of May 31, 2024, which consist of convertible instruments and rights to shares of the Company’s common stock and determined that such derivatives meet the criteria for liability classification under ASC 815. ASC 815 generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument subject to the requirements of ASC 815. ASC 815 also provides an exception to this rule when the host instrument is deemed to be conventional, as described. During the nine-month period ended May 31, 2024 and 2023, the Company had notes payable outstanding in which the conversion rate was variable and undeterminable. Accordingly, the Company has recognized a derivative liability in connection with such instruments. The Company uses judgment in determining the fair value of derivative liabilities at the date of issuance at every balance sheet thereafter and in determining which valuation is most appropriate for the instrument (e.g., Binomial method), the expected volatility, the implied risk-free interest rate, as well as the expected dividend rate.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments Effective January 1, 2008, the Company adopted FASB ASC 820-Fair Value Measurements and Disclosures, or ASC 820, for assets and liabilities measured at fair value on a recurring basis. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements establishes a framework for measuring fair value and expands disclosure about such fair value measurements. The adoption of ASC 820 did not have an impact on the Company’s financial position or operating results but did expand certain disclosures. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below. Level 1 Observable inputs such as quoted market prices in active markets for identical assets or liabilities. Level 2 Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3 Unobservable inputs for which there is little or no market data, which require the use of the reporting entity’s own assumptions. The Company did not have any Level 2 or Level 3 assets or liabilities as of May 31, 2024, except for its derivative liabilities which are valued based on Level 3 inputs. Cash is highly liquid and easily tradable as of May 31, 2024 and therefore classified as Level 1 within our fair value hierarchy. In addition, FASB ASC 825-10-25 Fair Value Option, or ASC 825-10-25, was effective January 1, 2008. ASC 825-10-25 expands opportunities to use fair value measurements in financial reporting and permits entities to choose to measure many financial instruments and certain other items at fair value. The Company did not elect the fair value options for any of its qualifying financial instruments.
Debt, Policy [Policy Text Block]	Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with professional standards for “Accounting for Derivative Instruments and Hedging Activities”. Professional standards generally provide three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of “Conventional Convertible Debt Instrument”. The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not be bifurcated from their host instruments) in accordance with professional standards when “Accounting for Convertible Securities with Beneficial Conversion Features,” as those professional standards pertain to “Certain Convertible Instruments.” Accordingly, the Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their earliest date of redemption. The Company also records when necessary deemed dividends for the intrinsic value of conversion options embedded in preferred shares based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. ASC 815-40 provides that, among other things, generally, if an event is not within the entity’s control or requires net cash settlement, then the contract shall be classified as an asset or a liability.
Share-Based Payment Arrangement [Policy Text Block]	Stock Based Compensation We account for the grant of stock options and restricted stock awards in accordance with ASC 718, “Compensation-Stock Compensation.” ASC 718 requires companies to recognize in the statement of operations the grant-date fair value of stock options and other equity-based compensation.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Currency Translation Assets and liabilities of subsidiaries operating in foreign countries are translated into U.S. dollars using either the exchange rate in effect at the balance sheet date or historical rate, as applicable. Results of operations are translated using the average exchange rates prevailing throughout the year. The effects of exchange rate fluctuations on translating foreign currency assets and liabilities into U.S. dollars are included in a separate component of stockholders’ equity (accumulated other comprehensive loss), while gains and losses resulting from foreign currency transactions are included in operations.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of Risks The Company’s accounts and receivable as of May 31, 2024 and August 31, 2023 and revenues for the nine-month period ended May 31, 2024 and May 31, 2023 are primarily from four customers.
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying condensed consolidated financial statements.

LOANS PAYABLE (Tables)

LOANS PAYABLE (Tables)	9 Months Ended
	May 31, 2024
Debt Disclosure [Abstract]
Schedule of Debt [Table Text Block]	May 31, 2024 August 31, 2023 Loans payable $ 2,984,770 $ 2,505,588
Schedule of Maturities of Long-Term Debt [Table Text Block]	The aggregate schedule maturities of the Company’s loans payable outstanding as of May 31, 2024 are as follows: Twelve-month period ended May 31, 2025 $ 2,970,665 2026 12,758 2027 1,347 $ 2,984,770

CONVERTIBLE DEBENTURES (Tables)

CONVERTIBLE DEBENTURES (Tables)	9 Months Ended
	May 31, 2024
Debt Disclosure [Abstract]
Convertible Debt [Table Text Block]	The Company’s convertible debentures consisted of the following: May 31, 2024 August 31, 2023 Convertible notes payable $ 517,242 $ 517,242 Unamortized debt discount - - Total $ 517,242 $ 517,242

OFFICERS LOANS PAYABLE (Tables)

OFFICERS LOANS PAYABLE (Tables)	9 Months Ended
	May 31, 2024
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	May 31, 2024 August 31, 2023 Officers loans payable $ 42,969 $ 53,893

DERIVATIVE LIABILITIES (Tables)

DERIVATIVE LIABILITIES (Tables)	9 Months Ended
	May 31, 2024
Disclosure Text Block [Abstract]
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	The Company accounts for the embedded conversion features included in its convertible instruments as derivative liabilities. At each measurement date, the fair value of the embedded conversion features was based on the lattice binomial method using the following assumptions: May 31, 2024 August 31, 2023 Effective Exercise price 0.0027-0.00432 0.0045 Effective Market price 0.0054 0.009 Volatility 55.5 % 40.55 % Risk-free interest 5.18 % 5.18 % Terms 365 days 365 days Expected dividend rate 0 % 0 %
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Changes in the derivative liabilities during the nine-month period ended May 31, 2024 is as follows: Balance at August 31, 2023 $ 206,476 Changes in fair value of derivative liabilities 182,928 Balance, May 31, 2024 $ 389,404

FOREIGN OPERATIONS (Tables)

FOREIGN OPERATIONS (Tables)	9 Months Ended
	May 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	United States Great Britain Total Revenues $ 120,638 $ 88,031 $ 208,669 Total revenues $ 120,638 $ 88,031 $ 208,669 Identifiable assets at May 31, 2024 $ 13,038 $ 40,842 $ 53,880 United States Great Britain Total Revenues $ - $ 221,356 $ 221,356 Total revenues $ - $ 221,356 $ 221,356 Identifiable assets at May 31, 2023 $ 7,423 $ 26,771 $ 34,194

ORGANIZATION, BASIS OF PRESEN_2

ORGANIZATION, BASIS OF PRESENTATION AND GOING CONCERN (Details) - USD ($)	9 Months Ended
	May 31, 2024	May 31, 2023
Accounting Policies [Abstract]
Notes Payable	$ 3,500,000
Net Cash Provided by (Used in) Financing Activities	427,921	$ 309,070
Letters of Credit Outstanding, Amount	250,000
Equity Raise, Maximum	$ 3,000,000

CORRECTION OF AN ERROR (Details

CORRECTION OF AN ERROR (Details) - USD ($)	12 Months Ended
	Aug. 31, 2023	Aug. 31, 2011
Prior Period Adjustment [Abstract]
Immaterial Error Correction	The Company had recognized $49,500 of accrued expenses as a general reserve for legal fees with no identifiable law firm or vendors in fiscal 2011. No law firms or similar vendors have made a claim regarding this accrual or other legal expenses since fiscal 2011, and accordingly, the Company believes that this accrued expense was recorded in error. The error resulted in an overstatement of accounts payable and accrued expenses and accumulated deficit as of May 31, 2023. This error did not impact the Company’s consolidated statement of operations and comprehensive income and consolidated statement of cash flows. The accounts payable and accrued expenses and accumulated deficit in the accompanying consolidated statements of changes in stockholders’ deficit have been restated as of May 31, 2023, respectively, to reflect the correction of the error.
Accounts Payable and Other Accrued Liabilities		$ 49,500

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	3 Months Ended
	May 31, 2024	Aug. 31, 2023
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Prepaid Expense and Other Assets, Current	$ 19,196	$ 470
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	140,872,750
Other Income [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Prepaid Expense and Other Assets, Current	$ 18,000

LOANS PAYABLE (Details)

LOANS PAYABLE (Details)	May 31, 2024 USD ($)
LOANS PAYABLE (Details) [Line Items]
Interest Payable (in Dollars)	$ 26,100
Debt Instrument, Interest Rate, Stated Percentage	2.50%
Minimum [Member]
LOANS PAYABLE (Details) [Line Items]
Short-Term Debt, Percentage Bearing Fixed Interest Rate	0%
Debt Instrument, Interest Rate, Stated Percentage	6%
Maximum [Member]
LOANS PAYABLE (Details) [Line Items]
Short-Term Debt, Percentage Bearing Fixed Interest Rate	12%
Debt Instrument, Interest Rate, Stated Percentage	15%

LOANS PAYABLE (Details) - Sched

LOANS PAYABLE (Details) - Schedule of Debt - USD ($)	May 31, 2024	Aug. 31, 2023
Schedule Of Debt Abstract
Loans payable	$ 2,984,770	$ 2,505,588

LOANS PAYABLE (Details) - Sch_2

LOANS PAYABLE (Details) - Schedule of Maturities of Long-term Debt	May 31, 2024 USD ($)
Schedule Of Maturities Of Long Term Debt Abstract
Twelve-month period ended May 31, 2025	$ 2,970,665
2026	12,758
2027	1,347
	$ 2,984,770

CONVERTIBLE DEBENTURES (Details

CONVERTIBLE DEBENTURES (Details)	9 Months Ended
	May 31, 2024
CONVERTIBLE DEBENTURES (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	2.50%
Debt Instrument, Convertible, Terms of Conversion Feature	The convertible debentures are convertible at ratios varying between 45% and 50% of the closing price at the date of conversion through, at its most favorable terms for the holders, the average of the three lowest closing bids for a period of 5-30 days prior to conversion.
Minimum [Member]
CONVERTIBLE DEBENTURES (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6%
Maximum [Member]
CONVERTIBLE DEBENTURES (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	15%

CONVERTIBLE DEBENTURES (Detai_2

CONVERTIBLE DEBENTURES (Details) - Convertible Debt - USD ($)	May 31, 2024	Aug. 31, 2023	May 31, 2023
Convertible Debt Abstract
Convertible notes payable	$ 517,242	$ 517,242
Unamortized debt discount	0	0
Total	$ 517,242	$ 517,242	$ 76,216

OFFICERS LOANS PAYABLE (Details

OFFICERS LOANS PAYABLE (Details) - Schedule of Related Party Transactions - USD ($)	May 31, 2024	Aug. 31, 2023
Schedule Of Related Party Transactions Abstract
Officers loans payable	$ 42,969	$ 53,893

DERIVATIVE LIABILITIES (Details

DERIVATIVE LIABILITIES (Details) - Fair Value Measurement Inputs and Valuation Techniques	May 31, 2024 $ / shares	Aug. 31, 2023 $ / shares
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Effective Exercise price (in Dollars per share)		$ 0.0045
Effective Market price (in Dollars per share)	$ 0.0054	$ 0.009
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Effective Exercise price (in Dollars per share)	0.0027
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Effective Exercise price (in Dollars per share)	$ 0.00432
Measurement Input, Price Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	55.5	40.55
Measurement Input, Risk Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	5.18	5.18
Measurement Input, Expected Term [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	365	365
Measurement Input, Expected Dividend Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Measurement Input	0	0

DERIVATIVE LIABILITIES (Detai_2

DERIVATIVE LIABILITIES (Details) - Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation	9 Months Ended
	May 31, 2024 USD ($)
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Balance	$ 206,476
Changes in fair value of derivative liabilities	182,928
Balance	$ 389,404

ACCRUED COMPENSATION (Details)

ACCRUED COMPENSATION (Details) - USD ($)	May 31, 2024	Aug. 31, 2023
Share-Based Payment Arrangement [Abstract]
Employee-related Liabilities, Current	$ 1,130,027	$ 1,313,536

COMMON STOCK AND PREFERRED ST_2

COMMON STOCK AND PREFERRED STOCK (Details) - $ / shares	9 Months Ended
	May 31, 2024	Aug. 31, 2023	Apr. 04, 2016
COMMON STOCK AND PREFERRED STOCK (Details) [Line Items]
Common Stock, Shares Authorized	2,000,000,000	2,000,000,000	2,000,000,000
Preferred Stock, Series 1 [Member]
COMMON STOCK AND PREFERRED STOCK (Details) [Line Items]
Preferred Stock, Shares Authorized	2,000,000	2,000,000
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.001	$ 0.001
Convertible Preferred Stock, Shares Issued upon Conversion	53.04
Preferred Stock, Voting Rights	three votes per share
Preferred Stock, Series 2 [Member]
COMMON STOCK AND PREFERRED STOCK (Details) [Line Items]
Preferred Stock, Shares Authorized	2,000,000	2,000,000
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.001	$ 0.001
Convertible Preferred Stock, Shares Issued upon Conversion	1
Preferred Stock, Voting Rights	no voting rights

DERECOGNITION OF LIABIILITIES (

DERECOGNITION OF LIABIILITIES (Details) - USD ($)	1 Months Ended	9 Months Ended	12 Months Ended
	Apr. 30, 2023	May 31, 2023	Aug. 31, 2023	May 31, 2024	Aug. 31, 2011
Derecognition Of Liabilities Abstract
Other Liabilities				$ 158,287
Convertible Debt		$ 76,216	$ 517,242	$ 517,242
Derivative Liability		7,500,000
Gain (Loss) on Extinguishment of Debt	$ 15,435	$ 88,784
Immaterial Error Correction			The Company had recognized $49,500 of accrued expenses as a general reserve for legal fees with no identifiable law firm or vendors in fiscal 2011. No law firms or similar vendors have made a claim regarding this accrual or other legal expenses since fiscal 2011, and accordingly, the Company believes that this accrued expense was recorded in error. The error resulted in an overstatement of accounts payable and accrued expenses and accumulated deficit as of May 31, 2023. This error did not impact the Company’s consolidated statement of operations and comprehensive income and consolidated statement of cash flows. The accounts payable and accrued expenses and accumulated deficit in the accompanying consolidated statements of changes in stockholders’ deficit have been restated as of May 31, 2023, respectively, to reflect the correction of the error.
Accounts Payable and Other Accrued Liabilities					$ 49,500

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	9 Months Ended
	May 31, 2024	May 31, 2023
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]
Operating Lease, Expense	$ 6,186	$ 21,822
Consulting Agreement, Annual Amount	150,000
Minimum [Member]
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]
Operating Lease, Expense	285
Maximum [Member]
COMMITMENTS AND CONTINGENCIES (Details) [Line Items]
Operating Lease, Expense	$ 750

FOREIGN OPERATIONS (Details) -

FOREIGN OPERATIONS (Details) - Schedule of Segment Reporting Information, by Segment - USD ($)	3 Months Ended		9 Months Ended
	May 31, 2024	May 31, 2023	May 31, 2024	May 31, 2023	Aug. 31, 2023
Segment Reporting Information [Line Items]
Revenues			$ 208,669	$ 221,356
Total revenues	$ 42,335	$ 98,496	208,669	221,356
Identifiable assets	53,880	34,194	53,880	34,194	$ 65,730
UNITED STATES
Segment Reporting Information [Line Items]
Revenues			120,638	0
Total revenues			120,638	0
Identifiable assets	13,038	7,423	13,038	7,423
UNITED KINGDOM
Segment Reporting Information [Line Items]
Revenues			88,031	221,356
Total revenues			88,031	221,356
Identifiable assets	$ 40,842	$ 26,771	$ 40,842	$ 26,771