Vado (VADP) 10-Q 8 Oct 20 2020 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Aug. 31, 2020	Oct. 05, 2020
Document Information Line Items
Entity Registrant Name	VADO CORP.
Document Type	10-Q
Current Fiscal Year End Date	--11-30
Entity Common Stock, Shares Outstanding		33,328,500
Amendment Flag	false
Entity Central Index Key	0001700849
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Aug. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	true
Entity Ex Transition Period	false
Entity Interactive Data Current	Yes

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Aug. 31, 2020	Nov. 30, 2019
Current assets
Cash	$ 139,069	$ 234
Inventory	0	148
Total current assets	139,069	382
Equipment, net	0	10,165
Computer, net	0	418
Total Assets	139,069	10,965
Current liabilities
Accrued interest	59	0
Credit card payable	14	0
Loan from related parties	0	23,524
Total current liabilities	73	23,524
Total Liabilities	73	23,524
Commitments and contingencies
Stockholders' equity (deficit)
Preferred Stock, Series A; $0.001 par value, 100,000 and 0 shares issued and outstanding at August 31, 2020 and November 30, 2019, respectively	100	0
Common stock, $0.001 par value, 75,000,000 shares authorized, 33,328,500 and 3,355,500 shares issued and outstanding at August 31, 2020 and November 30, 2019	33,328	3,355
Additional paid-in capital	4,426,826	25,755
Accumulated deficit	(4,321,258)	(41,669)
Total (deficiency in) stockholders' equity	138,996	(12,559)
Total liabilities and stockholders' equity	$ 139,069	$ 10,965

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares	Aug. 31, 2020	Jun. 10, 2020	Nov. 30, 2019
Preferred Stock, Series A; par value (in Dollars per share)	$ 0.001
Common stock, par value (in Dollars per share)	$ 0.001		$ 0.001
Common stock, shares authorized	75,000,000		75,000,000
Common stock, shares issued	33,328,500		3,355,500
Common stock, shares outstanding	33,328,500		3,355,500
Series A Preferred Stock [Member]
Preferred Stock, Series A; par value (in Dollars per share)	$ 0.001	$ 0.001	$ 0.001
Preferred Stock, Series A; shares issued	100,000		0
Preferred Stock, Series A; shares outstanding	100,000		0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Aug. 31, 2020	Aug. 31, 2019	Aug. 31, 2020	Aug. 31, 2019
Income Statement [Abstract]
Revenue	$ 0	$ 0	$ 0	$ 0
Operating expenses:
General and administrative	60,161	12,387	69,801	28,737
Total operating expenses	60,161	12,387	69,801	28,737
Other (expense)
Interest expense	(4,200,000)	0	(4,200,059)	0
Loss on impairment of long-lived assets		0	(9,729)	0
Total other (expense)	(4,200,000)	0	(4,209,788)	0
Net Operating Loss	(4,260,161)	(12,387)	(4,279,589)	(28,737)
Loss before provision for income taxes	(4,260,161)	(12,387)	(4,279,589)	(28,737)
Provision for income taxes	0	0	0	0
Net loss	$ (4,260,161)	$ (12,387)	$ (4,279,589)	$ (28,737)
Net loss per share - basic and diluted (in Dollars per share)	$ (0.13)	$ 0	$ (0.30)	$ 0
Weighted average shares outstanding - basic and diluted (in Shares)	33,328,500	3,355,500	14,363,265	3,355,000

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Aug. 31, 2020	Aug. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (4,279,589)	$ (28,737)
Adjustments to reconcile net loss to net cash used in operating activities:
Loss on impairment of long-lived assets	9,729	0
Beneficial conversion feature of preferred stock	4,200,000	0
Depreciation and amortization	854	2,562
Changes in assets and liabilities:
Inventory	148	0
Accounts payable	0	(4,994)
Credit card payable	14	0
Accrued interest	59	0
Net cash used in operating activities	(68,785)	(31,169)
CASH FLOWS FROM FINANCING ACTIVITIES
Cash from sale of Series A Preferred Stock	199,216	0
Payment of invoices by related party	1,955	0
Increase in principal amount of related party note payable	6,449	4,000
Net cash provided by financing activities	207,620	4,000
Net increase (decrease) in cash and cash equivalents	138,835	(27,169)
Cash and cash equivalents at beginning of period	234	27,842
Cash and cash equivalents at end of period	139,069	673
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid	0	0
Income taxes paid	0	0
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Conversion of related party note payable to common stock	$ 29,973	$ 0

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (deficit) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Preferred Stock [Member]	Total
Balance, at Nov. 30, 2018	$ 3,355	$ 25,755	$ (5,845)		$ 23,265
Balance, (in Shares) at Nov. 30, 2018	3,355,500
Beneficial conversion feature of convertible preferred stock					0
Net loss			(28,737)		(28,737)
Balance, at Aug. 31, 2019	$ 3,355	25,755	(34,582)		(5,472)
Balance, (in Shares) at Aug. 31, 2019	3,355,500
Balance, at May. 31, 2019	$ 3,355	25,755	(22,195)		6,915
Balance, (in Shares) at May. 31, 2019	3,355,500
Net loss			(12,387)		(12,387)
Balance, at Aug. 31, 2019	$ 3,355	25,755	(34,582)		(5,472)
Balance, (in Shares) at Aug. 31, 2019	3,355,500
Balance, at Nov. 30, 2019	$ 3,355	25,755	(41,669)		(12,559)
Balance, (in Shares) at Nov. 30, 2019	3,355,500
Payment of invoices by related party		1,955			1,955
Issuance of convertible preferred stock for cash		199,116		$ 100	119,216
Issuance of convertible preferred stock for cash (in Shares)				100,000
Beneficial conversion feature of convertible preferred stock		4,200,000			4,200,000
Conversion of related party note to common stock	$ 29,973				29,973
Conversion of related party note to common stock (in Shares)	29,973,000
Net loss			(4,279,589)		(4,279,589)
Balance, at Aug. 31, 2020	$ 33,328	4,426,826	(4,321,258)	$ 100	138,996
Balance, (in Shares) at Aug. 31, 2020	33,328,500			100,000
Balance, at May. 31, 2020	$ 33,328	27,710	(61,097)		(59)
Balance, (in Shares) at May. 31, 2020	33,328,500
Issuance of convertible preferred stock for cash		199,116		$ 100	199,216
Issuance of convertible preferred stock for cash (in Shares)				100,000
Beneficial conversion feature of convertible preferred stock		4,200,000			4,200,000
Net loss			(4,260,161)		(4,260,161)
Balance, at Aug. 31, 2020	$ 33,328	$ 4,426,826	$ (4,321,258)	$ 100	$ 138,996
Balance, (in Shares) at Aug. 31, 2020	33,328,500			100,000

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	9 Months Ended
	Aug. 31, 2020
Accounting Policies [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 – ORGANIZATION AND BUSINESS Vado Corp. (the “Company”) is a Nevada corporation established on February 10, 2017 and has adopted a November 30 fiscal year end. The Company formerly had operations in the embroidery business in the European Union. With the Change of Control described in the following paragraph, the Company terminated its operations in the embroidery business and wrote off its assets. The Company currently has no operations and is seeking new business opportunities in the United States. On May 22, 2020, David Lelong purchased from Dusan Konc 2,000,000 shares of Common Stock of the Company and a convertible promissory note with a face value of $29,973 (the “Vado Related Party Note”), payable by the Company and convertible into shares of Common Stock at $0.001 per share, for a total purchase price of $100,000 (the “Change of Control”). The Change of Control was affected pursuant to a Securities Purchase Agreement dated May 22, 2020 (the “Purchase Agreement”) by and among Mr. Lelong as the purchaser, the Company, and Mr. Konc, the Company’s majority shareholder, sole director and officer, as the seller. The Company was a party to the Purchase Agreement for the sole purpose of providing the representations and warranties contained therein. The Vado Related Party Note was cancelled, and a new convertible note in the amount of $29,973 was issued to Mr. Lelong (the “Lelong Related Party Note)”. On May 28, 2020, Mr. Lelong fully converted the Related Party Note into 29,973,000 shares of the Company’s common stock. The preparation of unaudited condensed consolidated interim 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 consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The unaudited interim condensed financial statements have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations. These unaudited condensed interim financial statements should be read in conjunction with the audited consolidated financial statements and notes for the year ended November 30, 2019. The results of the three months and nine months ended August 31, 2020 are not necessarily indicative of the results to be expected for the full year ending November 30, 2020.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Aug. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Substantial Doubt about Going Concern [Text Block]	NOTE 2 – GOING CONCERN The Company’s financial statements as of August 31, 2020 have been prepared using generally accepted accounting principles in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenue sufficient to cover its operating costs and allow it to continue as a going concern. The Company has an accumulated loss from inception (February 10, 2017) to August 31, 2020 of $(4,321,258). These and other factors raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period of time. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by receiving capital from management and significant shareholders sufficient to meet its minimal operating expenses and to seek third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Aug. 31, 2020
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Fair values of financial instruments The Company adopted Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements,” which defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosures requirements for fair value measures. Current assets and current liabilities qualified as financial instruments and management believes their carrying amounts are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and if applicable, their current interest rate is equivalent to interest rates currently available. The three levels are defined as follow: ● Level 1 — inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 — inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 — inputs to the valuation methodology are unobservable and significant to the fair value. Basic and Diluted Loss Per Share Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At August 31, 2020 the Company's bank deposits did not exceed the insured amounts. Use of Estimates Preparing 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, liabilities, revenue, and expenses. Actual results and outcomes may differ from management’s estimates and assumptions. Stock-Based Compensation As of August 31, 2020, the Company has not issued any stock-based payments to its employees. Stock-based compensation will be accounted for at fair value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock options. Income Taxes The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. New Accounting Pronouncements Revenue Recognition We adopted ASC Topic 606, “Revenue from Contracts with Customers”, and all related interpretations for recognition of our revenue from tours and consulting services. Previously we recorded revenue based on ASC Topic 605. Adoption of new accounting standard did not have any material impact on our reported revenue. Revenue is recognized when the following criteria are met: - Identification of the contract or contracts with the customer; - Identification of the performance obligations in the contract(s); - Determination of the transaction price; - Allocation of the transaction price to the performance obligations in the contract(s); and - Recognition of revenue when, or as, we satisfy performance obligations. The Company has evaluated all the recent accounting pronouncements and determined that there are no other accounting pronouncements that will have a material effect on the Company’s financial statements. Property and Equipment Property and equipment are stated at cost and depreciated on the straight-line method over the estimated life of the asset, which is three years. The company purchased a computer for $1,250 on December 4, 2017. On April 21, 2018, the Company purchased an embroidery machine for $15,000. This equipment is stated at cost and depreciated on the straight-line method over the estimated life of the asset, which is five years. During the nine months ended August 31, 2020, the Company recorded an impairment charge in the amount of $9,415 to its embroidery machine and an additional $314 to its computer software. At August 31, 2020, the book value of long term assets on the Company’s balance sheet was $0.

LOAN FROM RELATED PARTIES

LOAN FROM RELATED PARTIES	9 Months Ended
	Aug. 31, 2020
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 4 – LOAN FROM RELATED PARTIES From February 10, 2017 to May 22, 2020, Mr. Dusan Konc, the Company’s former sole officer and director, had contributed cash in the amount of $29,973 to support the Company’s operations. These transactions were recorded as a related party note payable to Mr. Konc (the “Konc Related Party Note”). At May 22, 2020, the principal amount due under the Konc Related Party Note was $29,973. On May 22, 2020, Mr. David Lelong purchased the Konc Related Party Note from Mr. Konc, the Konc Related Party Note was cancelled, and the Company issued a new convertible note payable to Mr. Lelong in the amount of $29,973 (the “Lelong Related Party Note”). The Lelong Related Party Note bears interest at the rate of 12% per year, and was convertible into the Company’s common stock at the rate of $0.001 per share. During the three months ended May 31, 2020, the Company accrued interest in the amount of $59 on the Lelong Related Party Note. On May 28, 2020, Mr. Lelong converted the entire principal amount of $29,973 due under the Lelong Related Party Note into 29,973,000 shares of the Company’s common stock. At August 31, 2020, principal and accrued interest due under the Lelong Related Party Note were $0 and $59, respectively.

CAPITAL STOCK

CAPITAL STOCK	9 Months Ended
	Aug. 31, 2020
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 5 – CAPITAL STOCK The Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share, and 10,000,000 shares of preferred stock authorized with a par value $0.001 per share. Common Stock On May 28, 2020, the Company issued 29,973,000 shares of common stock pursuant to the conversion of the Lelong Related Party Note. See note 4. At August 31, 2020, the Company had 33,328,500 shares of common stock and 100,000 shares of preferred stock issued and outstanding. Preferred Stock On June 10, 2020 the Company amended its Articles of Incorporation to authorize up to 10,000,000 shares of “blank check” preferred stock, with such designations, powers, preferences, rights, limitations, and restrictions as may be determined by resolution of the Board of Directors of the Company, and on June 12, 2020, the Company filed the Certificate of Designation of Preferences, Rights And Limitations for its newly designated Series A Convertible Preferred Stock, par value $0.001 per share (the “Series A”). On June 26, 2020, Vado Corp. entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an accredited investor pursuant to which the Company sold to the purchaser 100,000 shares of the Company’s Series A, at a purchase price of $2.00 per share (the “Offering”). The Company received $200,000 in gross proceeds from the Offering, before deducting legal fees and related offering expenses. Each share of the Series A is convertible into 20 shares of the Company’s common stock, par value $0.001 per share. The Company utilized the intrinsic value method to determine the fair value of the beneficial conversion feature associated with this transaction, and charged the amount of $4,200,000 to interest expense during the three months ended August 31, 2020.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Aug. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 6 – RELATED PARTY TRANSACTIONS Note Payable Since February 10, 2017 (Inception) through May 22, 2020, Mr. Dusan Konc, the Company’s former sole officer and director, loaned the Company $29,973 to pay for incorporation costs and operating expenses. On May 22, 2020, Mr. David Lelong purchased the Konc Related Party Note from Mr. Konc, the Konc Related Party Note was cancelled, and the Company issued a new convertible note payable to Mr. Lelong in the amount of $29,973. During the three and nine months ended August 31, 2020, we incurred an interest expense in the amount of $$0 and $59, respectively, compared to $0 during the three and nine months ended August 31, 2019. Consulting Agreement On June 1, 2020, the Company entered into a consulting agreement with Accelerated Online Inc. (“Accelerated Online”, the “Accelerated Online Agreement”), an entity wholly-owned by David Lelong. Pursuant to the Accelerated Online Agreement, Accelerated Online will provide executive management and business development services to the Company for a fee of $15,000 per month. During the three months ended August 31, 2020, the Company charged to operations an amount of $45,000 in connection with the Accelerated Online Agreement.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Aug. 31, 2020
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 7 – SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date the financial statements were available to be issued. As of the date of this filing, no subsequent events impacting the financial statements as of August 31, 2020 were identified.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Aug. 31, 2020
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair values of financial instruments The Company adopted Accounting Standards Codification (“ASC”) 820 “Fair Value Measurements,” which defines fair value, establishes a three-level valuation hierarchy for disclosures of fair value measurement and enhances disclosures requirements for fair value measures. Current assets and current liabilities qualified as financial instruments and management believes their carrying amounts are a reasonable estimate of fair value because of the short period of time between the origination of such instruments and their expected realization and if applicable, their current interest rate is equivalent to interest rates currently available. The three levels are defined as follow: ● Level 1 — inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. ● Level 2 — inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. ● Level 3 — inputs to the valuation methodology are unobservable and significant to the fair value.
Earnings Per Share, Policy [Policy Text Block]	Basic and Diluted Loss Per Share Basic loss per share is computed by dividing net loss available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted loss per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company's bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At August 31, 2020 the Company's bank deposits did not exceed the insured amounts.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates Preparing 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, liabilities, revenue, and expenses. Actual results and outcomes may differ from management’s estimates and assumptions.
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation As of August 31, 2020, the Company has not issued any stock-based payments to its employees. Stock-based compensation will be accounted for at fair value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock options.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company follows the liability method of accounting for income taxes. Under this method, deferred income tax assets and liabilities are recognized for the estimated tax consequences attributable to differences between the financial statement carrying values and their respective income tax basis (temporary differences). The effect on deferred income tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.
Revenue [Policy Text Block]	Revenue Recognition We adopted ASC Topic 606, “Revenue from Contracts with Customers”, and all related interpretations for recognition of our revenue from tours and consulting services. Previously we recorded revenue based on ASC Topic 605. Adoption of new accounting standard did not have any material impact on our reported revenue. Revenue is recognized when the following criteria are met: - Identification of the contract or contracts with the customer; - Identification of the performance obligations in the contract(s); - Determination of the transaction price; - Allocation of the transaction price to the performance obligations in the contract(s); and - Recognition of revenue when, or as, we satisfy performance obligations. The Company has evaluated all the recent accounting pronouncements and determined that there are no other accounting pronouncements that will have a material effect on the Company’s financial statements.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are stated at cost and depreciated on the straight-line method over the estimated life of the asset, which is three years. The company purchased a computer for $1,250 on December 4, 2017. On April 21, 2018, the Company purchased an embroidery machine for $15,000. This equipment is stated at cost and depreciated on the straight-line method over the estimated life of the asset, which is five years. During the nine months ended August 31, 2020, the Company recorded an impairment charge in the amount of $9,415 to its embroidery machine and an additional $314 to its computer software. At August 31, 2020, the book value of long term assets on the Company’s balance sheet was $0.

ORGANIZATION AND BUSINESS (Deta

ORGANIZATION AND BUSINESS (Details) - USD ($)	May 28, 2020	May 22, 2020
ORGANIZATION AND BUSINESS (Details) [Line Items]
Debt Instrument, Face Amount		$ 29,973
Debt Instrument, Convertible, Conversion Price (in Dollars per share)		$ 0.001
Debt Conversion, Converted Instrument, Shares Issued (in Shares)	29,973,000
Purchase Agreement [Member]
ORGANIZATION AND BUSINESS (Details) [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in Shares)		2,000,000
Debt Instrument, Face Amount		$ 29,973
Debt Instrument, Convertible, Conversion Price (in Dollars per share)		$ 0.001
Business Combination, Consideration Transferred		$ 100,000

GOING CONCERN (Details)

GOING CONCERN (Details) - USD ($)	Aug. 31, 2020	Nov. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Retained Earnings (Accumulated Deficit)	$ (4,321,258)	$ (41,669)

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Apr. 21, 2018	Dec. 04, 2017	Aug. 31, 2020	Nov. 30, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Cash, FDIC Insured Amount			$ 250,000
Property, Plant and Equipment, Net			$ 0	$ 10,165
Computer Equipment [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Property, Plant and Equipment, Useful Life			3 years
Property, Plant and Equipment, Additions		$ 1,250
Impairment of Long-Lived Assets Held-for-use			$ 314
Machinery and Equipment [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Property, Plant and Equipment, Additions	$ 15,000
Impairment of Long-Lived Assets Held-for-use			$ 9,415

LOAN FROM RELATED PARTIES (Deta

LOAN FROM RELATED PARTIES (Details) - USD ($)	May 28, 2020	Aug. 31, 2020	May 31, 2020	Aug. 31, 2019	Aug. 31, 2020	Aug. 31, 2019	May 22, 2020	Nov. 30, 2019
Debt Disclosure [Abstract]
Proceeds from Related Party Debt					$ 6,449	$ 4,000	$ 29,973
Notes Payable, Related Parties							29,973
Debt Instrument, Face Amount							$ 29,973
Debt Instrument, Interest Rate, Stated Percentage							12.00%
Debt Instrument, Convertible, Conversion Price (in Dollars per share)							$ 0.001
Interest Expense, Related Party		$ 0	$ 59	$ 0	59	$ 0
Debt Conversion, Original Debt, Amount	$ 29,973
Debt Conversion, Converted Instrument, Shares Issued (in Shares)	29,973,000
Notes and Loans Payable		0			0
Interest Payable, Current		$ 59			$ 59			$ 0

CAPITAL STOCK (Details)

CAPITAL STOCK (Details) - USD ($)	Jun. 26, 2020	May 28, 2020	Aug. 31, 2020	Aug. 31, 2019	Aug. 31, 2020	Aug. 31, 2019	Jun. 10, 2020	Nov. 30, 2019
CAPITAL STOCK (Details) [Line Items]
Common Stock, Shares Authorized			75,000,000		75,000,000			75,000,000
Common Stock, Par or Stated Value Per Share (in Dollars per share)			$ 0.001		$ 0.001			$ 0.001
Preferred Stock, Shares Authorized			10,000,000		10,000,000		10,000,000
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)			$ 0.001		$ 0.001
Debt Conversion, Converted Instrument, Shares Issued		29,973,000
Common Stock, Shares, Outstanding			33,328,500		33,328,500			3,355,500
Common Stock, Shares, Issued			33,328,500		33,328,500			3,355,500
Sale of Stock, Price Per Share (in Dollars per share)	$ 2
Proceeds from Issuance of Preferred Stock and Preference Stock (in Dollars)	$ 200,000
Convertible Preferred Stock, Terms of Conversion	Each share of the Series A is convertible into 20 shares of the Company’s common stock, par value $0.001 per share.
Interest Expense (in Dollars)			$ 4,200,000	$ 0	$ 4,200,059	$ 0
Series A Preferred Stock [Member]
CAPITAL STOCK (Details) [Line Items]
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)			$ 0.001		$ 0.001		$ 0.001	$ 0.001
Preferred Stock, Shares Outstanding			100,000		100,000			0
Preferred Stock, Shares Issued			100,000		100,000			0
Stock Issued During Period, Shares, New Issues			100,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Jun. 01, 2020	Aug. 31, 2020	May 31, 2020	Aug. 31, 2019	Aug. 31, 2020	Aug. 31, 2019	May 22, 2020
Related Party Transactions [Abstract]
Proceeds from Related Party Debt					$ 6,449	$ 4,000	$ 29,973
Debt Instrument, Face Amount							$ 29,973
Interest Expense, Related Party		$ 0	$ 59	$ 0	$ 59	$ 0
Related Party Transaction, Description of Transaction	Accelerated Online will provide executive management and business development services to the Company for a fee of $15,000 per month
Costs and Expenses, Related Party		$ 45,000