Leader Capital (LCHD) 10-K 14 Dec 21 2021 FY Annual report Financial data

Cover

Cover - USD ($) $ in Millions	12 Months Ended
	Aug. 31, 2021	Dec. 10, 2021	Feb. 28, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Aug. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--08-31
Entity File Number	000-56159
Entity Registrant Name	LEADER CAPITAL HOLDINGS CORP.
Entity Central Index Key	0001715433
Entity Tax Identification Number	37-1853394
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	Room 2708-09
Entity Address, Address Line Two	Metropolis Tower
Entity Address, Address Line Three	10 Metropolis Drive
Entity Address, City or Town	Hung Hom
Entity Address, Country	HK
City Area Code	852
Local Phone Number	3487 6378
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 133.4
Entity Common Stock, Shares Outstanding		162,109,219

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Current assets:
Cash and cash equivalents	$ 787,154	$ 432,087
Accounts receivable	1,567
Prepayments, deposits and other receivables	231,715	221,166
Inventory	1,128
Due from a director		189,474
Due from a related company		36,666
Loan to a shareholder		34,048
Total current assets	1,021,564	913,441
Non-current assets
Plant and equipment, net	69,760	33,667
Intangible assets	630,809	818,200
Goodwill	1,747,945	2,974,364
Operating lease right-of-use assets, net	352,354	237,239
Prepayments, deposits and other receivables	102,339
Total non-current assets	2,903,207	4,063,470
TOTAL ASSETS	3,924,771	4,976,911
Current liabilities
Accrued expenses and other payables	374,269	324,117
Contract liabilities	16,225	2,896
Operating lease liability, current	292,024	189,253
Loan from a shareholder		60,075
Due to shareholders	53,791	99,730
Due to a director	1,098,374	1,400,459
Bonds payable	600,000
Convertible notes payable to related parties	108,000
Total current liabilities	2,542,683	2,076,530
Non-current liabilities
Operating lease liability, non-current	60,331	54,095
Deferred tax liabilities	125,502	163,640
Bonds payable		600,000
Convertible notes payable to related parties	882,000	104,000
Total non-current liabilities	1,067,833	921,735
TOTAL LIABILITIES	3,610,516	2,998,265
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value; 200,000,000 shares authorized; None issued and outstanding
Common stock, $0.0001 par value; 600,000,000 shares authorized; 157,949,219 and 135,474,219 shares issued and outstanding as of August 31, 2021 and 2020, respectively	15,795	13,548
Additional paid-in capital	23,470,641	13,272,673
Accumulated other comprehensive loss	(171,114)
Accumulated deficits	(23,001,067)	(11,307,575)
TOTAL STOCKHOLDERS’ EQUITY	314,255	1,978,646
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 3,924,771	$ 4,976,911

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Aug. 31, 2021	Aug. 31, 2020
Statement of Financial Position [Abstract]
Preferred Stock, Par or Stated Value Per Share		$ 0.0001
Preferred Stock, Shares Authorized		200,000,000
Preferred Stock, Shares Outstanding		0
Common Stock, Par or Stated Value Per Share		$ 0.0001
Common Stock, Shares Authorized		600,000,000
Common Stock, Shares, Outstanding	157,949,219	135,474,219

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Income Statement [Abstract]
REVENUE	$ 95,166	$ 6,667
OPERATING EXPENSES
Research and development expenses	(602,118)
Sales and marketing expenses	(203,646)
General and administrative expenses	(9,702,342)	(9,736,502)
Impairment loss of intangible assets	(88,415)
Impairment loss of goodwill	(1,226,419)
LOSS FROM OPERATIONS	(11,727,774)	(9,729,835)
Interest expenses	(102,196)	(63,256)
Loss on change in fair value of convertible notes	(47,092)	(199,000)
OTHER INCOME
Other income – from related parties	1,838	137,626
Other income – from non-related parties	1,692	11,636
Foreign exchange gain, net	141,902
Non-operating Income (Expense)	145,432	149,262
LOSS BEFORE INCOME TAX	(11,731,630)	(9,842,829)
Income tax benefit	38,138
NET LOSS	(11,693,492)	(9,842,829)
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustment	(171,114)
TOTAL COMPREHENSIVE LOSS	$ (11,864,606)	$ (9,842,829)
Net loss per share - Basic and diluted	$ (0.08)	$ (0.09)
Weighted average number of shares of common stock outstanding - Basic and diluted	143,714,764	115,207,489

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Aug. 31, 2019	$ 10,519	$ 1,888,909		$ (1,464,746)	$ 434,682
Beginning balance, shares at Aug. 31, 2019	105,184,073
Shares issued to service providers	$ 900	(900)
Shares issued to service providers, shares	9,000,000
Shares issued to board of directors	$ 400	(400)
Shares issued to board of directors, shares	4,000,000
Shares issued to employees	$ 500	(500)
Shares issued to employees, shares	5,000,000
Shares issued for the acquisition of NPI	$ 841	1,428,438			1,429,279
Shares issued for the acquisition of NPI, shares	8,415,111
Shares issued to note holders	$ 33	324,967			325,000
Shares issued to note holders, shares	325,000
Shares issued in private placement	$ 355	1,569,659			1,570,014
Shares issued in private placement, shares	3,550,035
Share based compensation		8,062,500			8,062,500
Foreign currency translation adjustment
Net loss				(9,842,829)	(9,842,829)
Ending balance, value at Aug. 31, 2020	$ 13,548	13,272,673		(11,307,575)	1,978,646
Ending balance, shares at Aug. 31, 2020	135,474,219
Shares issued to service providers	$ 350	(350)
Shares issued to service providers, shares	3,500,000
Shares issued to employees	$ 900	(900)
Shares issued to employees, shares	9,000,000
Shares issued in private placement	$ 3,360	3,633,620			3,636,980
Shares issued in private placement, shares	33,607,500
Cancellation of restricted shares issued	$ (2,363)	2,363
Cancellation of restricted shares issued, shares	(23,632,500)
Share based compensation		6,563,235			6,563,235
Foreign currency translation adjustment			(171,114)		(171,114)
Net loss				(11,693,492)	(11,693,492)
Ending balance, value at Aug. 31, 2021	$ 15,795	$ 23,470,641	$ (171,114)	$ (23,001,067)	$ 314,255
Ending balance, shares at Aug. 31, 2021	157,949,219

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (11,693,492)	$ (9,842,829)
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation expenses	6,563,235	8,062,500
Depreciation and amortization	139,133	9,349
Amortization of operating lease right-of-use assets	292,567	128,580
Impairment loss on intangible assets and goodwill	1,314,834
Loss on change in fair value of convertible notes	47,092	199,000
Exchange difference, net	(141,902)
Changes in operating assets and liabilities:
Accounts receivable	(1,536)
Prepayments, deposits and other receivables	(70,182)	(56,812)
Inventory	(1,105)
Accounts payable		989,854
Amount due from a director	189,474	(189,474)
Deferred tax liabilities	(38,138)
Operating lease liabilities	(298,670)	(122,527)
Accrued expenses and other payables	78,085	(134,490)
Net cash used in operating activities	(3,620,605)	(956,849)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of plant and equipment	(71,068)	(371)
Issuance of notes receivable		(2,291,760)
Repayment of notes receivable		50,000
Acquisition of NPI, net of cash on hand		185,117
Acquisition of intangible assets	(3,483)
Net cash used in investing activities	(74,551)	(2,057,014)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from shares issued in private placement	3,636,980	1,570,014
Proceeds from convertible notes issuance	800,000	230,000
Advance from a director	218,897	1,396,576
Repayment to a director	(480,151)	(258,277)
(Repayment to) Loan from a shareholder	(60,075)	60,075
Advance to shareholders	(52,265)
Net cash provided by financing activities	4,063,386	2,998,388
Effects of exchange rate changes on cash and cash equivalents	(13,163)
Net increase (decrease) in cash and cash equivalents	355,067	(15,475)
Cash and cash equivalents, beginning of year	432,087	447,562
CASH AND CASH EQUIVALENTS, END OF YEAR	787,154	432,087
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Common stock issued for acquisition of NPI		1,429,279
Common stock issued to note holders		325,000
SUPPLEMENTAL CASH FLOWS INFORMATION
Cash paid for income taxes
Cash paid for interest	$ 66,000	$ 60,000

ORGANIZATION AND BUSINESS BACKG

ORGANIZATION AND BUSINESS BACKGROUND	12 Months Ended
	Aug. 31, 2021
Accounting Policies [Abstract]
ORGANIZATION AND BUSINESS BACKGROUND	1. ORGANIZATION AND BUSINESS BACKGROUND Leader Capital Holdings Corp. (“LCHD” or the “Company”) was incorporated on March 22, 2017 under the laws of the State of Nevada. The Company mainly engages in the provision of investment platform services with the use of a mobile application through the following subsidiaries: SCHEDULE OF SUBSIDIARIES OF COMPANY Company name Place/date of incorporation Principal activities 1. Leader Financial Group Limited (“LFG”) Seychelles / March 6, 2017 Investment Holding 2. JFB Internet Service Limited (“JFB”) Hong Kong / July 6, 2017 Provide an Investment platform On August 17, 2020, LCHD, through JFB, acquired all of the issued and outstanding capital stock (the “Acquisition”) of Nice Products Inc. (“NPI”), pursuant to the terms and conditions of that certain Stock Purchase Agreement, dated as of the Closing Date, among the Company, JFB, NPI, the selling shareholders of NPI identified therein (each a “Seller,” and, collectively, the “Sellers”) and the representative of the Sellers identified therein. As a result of the Acquisition, the Company now owns indirectly 100 % of NPI, LOC Weibo Co., Ltd. and Beijing DataComm Cloud Media Technology Co., Ltd. The aggregate purchase price for the Acquisition was $ 4,850,000 , less certain discounts, expenses and reductions for outstanding NPI debt owed to the Company and/or its affiliates, resulting in a net purchase price of $ 3,506,042 , payable in 8,415,111 shares of the Company’s common stock to the Sellers in accordance with their respective pro rata percentage. After the completion of the acquisition, NPI became a wholly owned subsidiary of the Company. NPI was incorporated in the British Virgin Islands on December 17, 2018. NPI, through its subsidiaries, mainly engages in the development of ecological-systems applications, integration of big data and promotion of OTT applications. Company name Place/date of incorporation Principal activities 1. LOC Weibo Co., Ltd. (“LOC”) Republic of China/September 29, 2017 Development of ecological-systems applications, integration of big data and promotion of OTT applications 2. Beijing DataComm Cloud Media Technology Co., Ltd. (“BJDC”) People’s Republic of China /April 16, 2013 Development of ecological-systems applications, integration of big data and promotion of OTT applications LCHD and its subsidiaries (including NPI and its subsidiaries) are hereinafter referred to as the “Company”.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Aug. 31, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and include the financial statements of LCHD and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. The Company has adopted August 31 as its fiscal year end. Going concern The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company has suffered recurring losses from operations, and records an accumulated deficit and a working capital deficit of $ 23,001,067 and $ 1,521,119 respectively as of August 31, 2021. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company’s profit generating operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. The Company expects to finance its operations primarily through cash flows from operations, loans from existing directors and shareholders and placements of capital stock for additional funding. In the event that the Company requires additional funding to finance the growth of the Company’s current and expected future operations as well as to achieve our strategic objectives, a shareholder has indicated the intent and ability to provide additional financing. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing. In March 2020 the World Health Organization declared coronavirus COVID-19 a global pandemic. The COVID-19 pandemic has negatively impacted the global economy, workforces, customers, and created significant volatility and disruption of financial markets. It has also disrupted the normal operations of many businesses, including the Company’s businesses. This outbreak could decrease spending, adversely affect demand for the Company’s services and harm its business and results of operations. It is not possible for the Company to predict the duration or magnitude of the adverse results of the outbreak and its effects on its business or results of operations at this time. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Use of estimates The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management of the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, costs and expenses, and related disclosures. On an on-going basis, the Company evaluates its estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. The COVID-19 pandemic has created and may continue to create significant uncertainty in macroeconomic conditions, which may cause further business slowdowns or shutdowns, depress demand for the Company’s business, and adversely impact its results of operations. The Company expects uncertainties around its key accounting estimates to continue to evolve depending on the duration and degree of impact associated with the COVID-19 pandemic. Its estimates may change as new events occur and additional information emerges, and such changes are recognized or disclosed in its consolidated financial statements. Identified below are the accounting policies that reflect the Company’s most significant estimates and judgments, and those that the Company believes are the most critical to fully understanding and evaluating its consolidated financial statements. Business combination The Company accounts for its business combinations using the acquisition method of accounting in accordance with Accounting Standards Codification (“ASC”) 805 “Business Combinations.” The cost of an acquisition is measured as the aggregate of the acquisition date fair values of the assets transferred and liabilities incurred by the Company to the sellers and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in the consolidated statements of comprehensive income. During the measurement period, which can be up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the consolidated statements of comprehensive income. When there is a change in ownership interests that result in a loss of control of a subsidiary, the Company deconsolidates the subsidiary from the date control is lost. Any retained non-controlling investment in the former subsidiary is measured at fair value and is included in the calculation of the gain or loss upon deconsolidation of the subsidiary. Goodwill and impairment of goodwill Goodwill represents the excess of the purchase price and related costs over the fair value of the net identified tangible and intangible assets and liabilities assumed and is not amortized. The total amount of goodwill is deductible for tax purposes. In accordance with ASC Topic 350, “Intangibles-Goodwill and Other,” goodwill is not amortized but is tested for impairment, annually or more frequently when circumstances indicate a possible impairment may exist. Impairment testing is performed at a reporting unit level. An impairment loss generally would be recognized when the carrying amount of the reporting unit exceeds its fair value. The Company estimates fair value of the applicable reporting unit or units using a discounted cash flow methodology. This methodology represents a level 3 820, Fair Value Measurements and Disclosures not 1,226,419 nil on the goodwill recorded in the Company’s financial statements for the years ended August 31, 2021 and 2020, respectively. The impairment loss of goodwill was primarily attributable to the impairment related to NPI as the financial performance of the reporting unit of FinTech App development continued to fall below the Company’s original expectations. Given the current macro-economic environment and the uncertainties regarding its potential impact on the Company’s business, there can be no assurance that its estimates and assumptions used in its impairment tests will prove to be accurate predictions of the future. If the Company’s assumptions regarding forecasted cash flows are not achieved, it is possible that an impairment review may be triggered and goodwill may be impaired. Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. Software development costs The Company expenses software development costs, including costs to develop software products or the software component of products to be marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached shortly before the release of such products and as a result, development costs that meet the criteria for capitalization were not material for the periods presented. The Company capitalizes development costs related to these software applications once the preliminary project stage is complete and it is probable that the project will be completed and the software will be used to perform the function intended. On September 1, 2018 (before the acquisition of NPI (Note 1)), JFB appointed LOC to develop a mobile application in four stages for a total consideration of TWD 20,000,000 ($ 651,466 ), payable in the form of shares of common stock of the Company. As of August 31, 2019, the first and second stages of development for the basic functions of the mobile application have been completed, and the Company has issued a total of 908,678 of restricted shares of common stock in aggregate at $ 0.50 per share for the work completed up to August 31, 2019. The Company has expensed $ 454,339 development costs for the first and second development stage in general and administrative expenses for the year ended August 31, 2019. In August 2020, the development of the mobile application has been completed, and the Company expensed $ 0.2 million development costs in general and administrative expenses for the year ended August 31, 2020. Further $ 0.6 million was incurred for additional functions developed and $ 0.2 million was incurred for the acquisition of the ownership of the intellectual property (Note 6). Revenue recognition The Company adopted Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The Company recognizes revenues following the five-step model prescribed under ASU No. 2014-09: Step 1: Identify the contract Step 2: Identify the performance obligations Step 3: Determine the transaction price Step 4: Allocate the transaction price Step 5: Recognize revenue Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, which may occur at a point in time or over time depending on the terms and conditions of the agreement, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. Provision of investment platform services The Company signed an agreement with a third party whereby the Company authorizes the third party to use the Company’s investment platform and related applications for a period until December 31, 2020. Income from provision of investment platform services with the use of the Company’s mobile applications is recognized when the service is performed. From September, 2020, the Company generated additional revenue from a new, more comprehensive mobile application, which refer to as the FinMaster mobile application (the “FinMaster App” and together with the JFB platform, the “Apps”), with similar functions as the JFB platform. Income from providing investment platform services with the use of a mobile application is recognized when the service is performed. The Company offers a self-managed points program, which can be used in the FinMaster App to redeem merchandise or services. The Company determines the value of each point based on estimated incremental cost. Customers and advocates have a variety of ways to obtain the points. The major accounting policy for its points program is described as follows: The Company concludes the bonus points offered linked to the purchase transaction of the points is a material right and accordingly a separate performance obligation according to ASC 606, and should be taken into consideration when allocating the transaction price of the point sales. The Company also estimates the probability of points redemption when performing the allocation. The amount allocated to the bonus points as separate performance obligation is recorded as contract liability (deferred revenue) and revenue should be recognized when future goods or services are transferred. The Company will continue to monitor when and if forfeiture rate data becomes available and will apply and update the estimated forfeiture rate at each reporting period. Since historical information is limited for the Company to determine any potential points forfeitures and most merchandise can be redeemed without requiring a significant amount of points compared with the amount of points provided to users, the Company has used an estimated forfeiture rate of zero. Provision of software development service and maintenance service The Company entered into several agreements with third party customers to assist the customers in the development of their mobile communications software and mobile e-commerce software. Income from provision of software development service and maintenance service are recognized when the service is performed. Revenue by major product line SCHEDULE OF REVENUE BY MAJOR PRODUCT LINE Year ended August 31, 2021 2020 Provision of investment platform services $ 19,606 $ 6,667 Provision of software development service and maintenance service 75,560 - $ 95,166 $ 6,667 Revenue by recognition over time vs point in time SCHEDULE OF REVENUE BY RECOGNITION OVER TIME VS POINT IN TIME Year ended August 31, 2021 2020 Revenue by recognition over time $ 95,166 $ 6,667 Revenue by recognition at a point in time - - $ 95,166 $ 6,667 Remaining performance obligations represent contracted revenues that had not yet been recognized, and include deferred revenues; invoices that have been issued to customers but were uncollected and have not been recognized as revenues; and amounts that will be invoiced and recognized as revenues in future periods. As of August 31, 2021, the Company’s remaining performance obligations were $ 16,225 , which it expects to recognize as revenues over the next twelve months and the remainder thereafter. The Company had not occurred any costs to obtain contracts. The Company does not have amounts of contract assets since revenue is recognized as control of goods or services is transferred. The contract liabilities consist of advance payments from customers. The contract liabilities are reported in a net position on a customer-by-customer basis at the end of each reporting period. All contract liabilities are expected to be recognized as revenue within one year and are included in other payables and accrued liabilities in the consolidated balance sheet. Contract balances The Company’s contract liabilities consist of receipts in advance for software development and FinMaster App. Below is the summary presenting the movement of the Company’s contract liabilities for the year ended August 31, 2021: SCHEDULE OF CONTRACT LIABILITIES Receipt in advance August 31, 2021 August 31, 2020 Balance as of September 1 $ 2,896 $ - Advances received from customers related to unsatisfied performance obligations 15,903 2,826 Revenue recognized from beginning contract liability balance (3,014 ) - Exchange difference 440 70 Balance as of August 31 $ 16,225 $ 2,896 Practical expedients and exemption The Company had not occurred any costs to obtain contracts, and do not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. Research and development expenses Research and development (“R&D”) expenses are primary comprised of charges for R&D and consulting work performed by third parties; salaries and benefits for those employees engaged in research, design and development activities; costs related to design tools; and allocated costs. For the year ended August 31, 2021 and 2020, the total R&D expenses were $ 602,118 and $ nil , respectively. Sales and marketing expenses Sales and marketing expenses consist primarily of marketing and promotional expenses, salaries and other compensation-related expenses to sales and marketing personnel. Advertising expenses consist primarily of costs for the promotion of corporate image and product marketing. The Company expenses all advertising costs as incurred and classifies these costs under sales and marketing expenses. For the years ended August 31, 2021 and 2020, advertising costs totaled $ 168,535 and $ nil respectively. From September, 2019, customers or users of the Company’s mobile application can obtain points through ways such as frequent sign-ins to the Company’s mobile application, sharing articles from the application to users’ own social media. The Company believes these points are to encourage user engagement and generate market awareness. As a result, the Company accounts for such points as selling and marketing expenses with a corresponding liability recorded under other current liabilities of its consolidated balance sheets upon the points offering. The Company estimates liabilities under the customer loyalty program based on cost of the merchandise that can be redeemed, and its estimate of probability of redemption. At the time of redemption, the Company records a reduction of inventory and other current liabilities. Since historical information is limited for the Company to determine any potential points forfeiture and most merchandise can be redeemed without requiring a significant amount of points compared with the amount of points provided to users, the Company has used an estimated forfeiture rate of zero. For the year ended August 31, 2021 and 2020, redeemable point liability charged as selling and marketing expenses were $ 35,111 and $ nil , respectively. As of August 31, 2021 and 2020, liabilities recorded related to unredeemed points were $ 75,648 and $ 40,003 , respectively, which were included in other payables (note 8). General and administrative expenses General and administrative expenses consist primarily of salaries, bonuses and benefits for employees involved in general corporate functions, depreciation and amortization of fixed assets, legal and other professional services fees, rental and other general corporate related expenses. Inventory Inventories are stated at the lower of cost or net realizable value. Cost is calculated on the average basis and includes all costs to acquire and other costs to bring the inventories to their present location and condition. The Company records inventory write-downs for excess or obsolete inventories based upon assumptions on current and future demand forecasts. If the inventory on hand is in excess of future demand forecast, the excess amounts are written off. The Company also reviews inventory to determine whether its carrying value exceeds the net amount realizable upon the ultimate sale of the inventory. This requires the determination of the estimated selling price of the vehicles less the estimated cost to convert inventory on hand into a finished product. Once inventory is written-down, a new, lower-cost basis for that inventory is established and subsequent changes in facts and circumstances do not result in the restoration or increase in that newly established cost basis. Inventory as of August 31, 2021 represents merchandise inventory which can be redeemed by deducting membership rewards points of customer loyalty program. Leases The Company determines if an arrangement is a lease or contains a lease at inception. Operating lease liabilities are recognized based on the present value of the remaining lease payments, discounted using the discount rate for the lease at the commencement date. As the rate implicit in the lease is not readily determinable for the operating lease, the Company generally uses an incremental borrowing rate based on information available at the commencement date to determine the present value of future lease payments. Operating lease right-of-use (“ROU assets”) assets represent the Company’s right to control the use of an identified asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets are generally recognized based on the amount of the initial measurement of the lease liability. Lease expense is recognized on a straight-line basis over the lease term. The Company elected the package of practical expedients permitted under the transition guidance to combine the lease and non-lease components as a single lease component for operating leases associated with the Company’s office space lease, and to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments in the consolidated statements of income on a straight-line basis over the lease term. The operating lease is included in operating lease right-of-use assets, operating lease liabilities-current and operating lease liabilities-non-current on the Company’s consolidated balance sheets. Accounts receivable Accounts receivable are stated at the original amount less an allowance for doubtful receivables, if any, based on a review of all outstanding amounts at period end. An allowance is also made when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables. The Company analyzes the aging of the customer accounts, coverage of credit insurance, customer concentrations, customer credit-worthiness, historical and current economic trends and changes in its customer payment patterns when evaluating the adequacy of the allowance for doubtful accounts. Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational: SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES Expected useful life Furniture and fixtures 3 Office equipment 3 Leasehold improvements 3 Intangible assets The Company recorded intangible assets with definite lives, including investment platform and technical know-hows. Intangible assets are recorded at cost less accumulated amortization with no residual value. Amortization of intangible assets is computed using the straight-line method over their estimated useful lives. The estimated useful lives of the Company’s intangible assets are listed below: SCHEDULE OF USEFUL LIVES OF COMPANY'S INTANGIBLE ASSETS Investment platform 5 years Technical know-hows 8 years Trademarks 10 years Impairment of long-lived assets (including amortizable intangible assets) The Company reviews the carrying values of long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the undiscounted future net cash flows expected to be generated by the asset. If the assets are considered to be impaired, the impairment recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Impairment of $ 88,415 and $ nil has been recorded by the Company for the years ended August 31, 2021 and 2020, respectively. The impairment loss of intangible assets was primarily attributable to the financial performance of NPI’s technical know-hows fall below the Company’s original expectations and they assessed the recoverability of the carrying value of certain intangible assets which resulted in impairment losses. Income taxes Income taxes are determined using an asset and liability method in accordance with the provisions of ASC Topic 740, “ Income Taxes ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. As of August 31, 2021 and 2020, the Company has no accrued interest or penalties related to uncertain tax positions. The Company conducts businesses in the PRC, Taiwan and Hong Kong. The Company is subject to tax in these jurisdictions. As a result of its business activities, the Company will file tax returns that are subject to examination by the respective tax authorities. Net loss per share The Company calculates net income/(loss) per share in accordance with ASC Topic 260, “Earnings per Share.” SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET LOSS PER SHARE 2021 2020 Year ended August 31, 2021 2020 Net loss $ (11,693,492 ) $ (9,842,829 ) Weighted average number of shares of common stock outstanding - Basic and diluted (Note) 143,714,764 115,207,489 Net loss per share - Basic and diluted $ (0.08 ) $ (0.09 ) Note: Including 1,122,668 vested shares granted as stock compensation but not yet issued for the year ended August 31, 2021; and including 5,500,000 shares to be canceled, 593,750 shares as stock compensation and 375,000 shares to be issued to investors for the year ended August 31, 2020 (note 13). As of August 31, 2021 and 2020, the Company’s convertible notes payable were excluded from the diluted loss per share calculation as they were anti-dilutive. Stock-based compensation Stock-based compensation is accounted for based on the requirements of the Share-Based Payment topic of ASC Topic 718 (“ASC 718”), which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the vesting period or immediately if fully vested and non-forfeitable. The Financial Accounting Standards Board (“FASB”) also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Additionally, ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, permits the election of an accounting policy for forfeitures of share-based payment awards, either to recognize forfeitures as they occur or estimate forfeitures over the vesting period of the award. The Company has elected to recognize forfeitures as they occur. On September 1, 2019, the Company adopted ASU No. 2018-07, “Compensation—Stock Compensation (Topic 718) - Improvements to Nonemployee Share-Based Payment Accounting” (“ASU 2018-07”). Before the adoption of this guidance, the equity-classified share-based awards held by non-employees were subject to re-measurement through each vesting date. Upon the adoption of this guidance, the Company no longer re-measures equity-classified share-based awards granted to consultants or non-employees at each reporting date through the vesting date and the accounting for these share-based awards to consultants or non-employees and employees was substantially aligned. Cancellation of a share-based payment by the entity results in accelerated recognition of any unrecognized cost. Cancellation by the counterparty does not change recognition of the compensation cost. The termination of an employee that resulted in the forfeiture of share-based awards is not considered to be a cancellation of the awards. Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statements of operations. The reporting currency of the Company is United States Dollars (“US$”), which is also the Company’s functional currency. The Company’s subsidiary in Seychelles, the PRC, Taiwan and Hong Kong maintains its books and record in United States Dollars (“US$”), Renminbi (“RMB”), New Taiwanese Dollars (“NT$”) and Hong Kong Dollars (“HK$”) respectively, which are the primary currencies of the economic environment in which the entities operate (the functional currencies). In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not the US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement Translation of amounts from foreign currencies into US$ has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION As of and for the As of and for the Year-end / average HK$ : US$ 1 exchange rate 7.80 7.80 Year-end NT$ : US$ 1 exchange rate 27.66 29.37 Year-average NT$ : US$ 1 exchange rate 28.22 30.10 Year-end RMB : US$ 1 exchange rate 6.46 6.85 Year-average RMB : US$ 1 exchange rate 6.54 7.03 Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. Convertible instruments The Company accounts for hybrid contracts that feature conversion options in accordance with U.S. GAAP. ASC 815 “Derivatives and Hedging Activities,” (“ASC 815”) requires companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. The criteria includes 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. Conversion options that contain variable settlement features such as provisions to adjust the conversion price upon subsequent issuances of equity or equity linked securities at exercise prices more favorable than that featured in the hybrid contract generally result in their bifurcation from the host instrument. The Company accounts for convertible instruments, when the Company has determined that the embedded conversion options should not be bifurcated from their host instruments, in accordance with ASC 470-20 “Debt with Conversion and Other Options” (“ASC 470-20”). Under ASC 470-20 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

ACQUISITION OF SUBSIDIARIES

ACQUISITION OF SUBSIDIARIES	12 Months Ended
	Aug. 31, 2021
Business Combination and Asset Acquisition [Abstract]
ACQUISITION OF SUBSIDIARIES	3. ACQUISITION OF SUBSIDIARIES On August 17, 2020, the Company acquired all of the issued and outstanding capital stock (the “Acquisition”) of NPI, pursuant to the terms and conditions of that certain Stock Purchase Agreement, dated as of the Closing Date, among the Company, NPI, the selling shareholders of NPI identified therein (each a “Seller,” and, collectively, the “Sellers”) and the representative of the Sellers identified therein. The aggregate purchase price for the Acquisition was $ 4,850,000 , less certain discounts, expenses and reductions for outstanding NPI debt owed to the Company and/or its affiliates, resulting in a net purchase price of $ 3,506,042 , payable in 8,415,111 shares of the Company’s common stock to the Sellers in accordance with their respective pro rata percentage. After the completion of the Acquisition, NPI became a wholly owned subsidiary of the Company. The Company completed the valuations necessary to assess the fair values of the tangible and intangible assets acquired and liabilities assumed, resulting from which the amount of goodwill was determined and recognized as of the respective acquisition date. The following table summarizes the estimated aggregate fair values of the assets acquired and liabilities assumed as of the closing date, August 31, 2020. SUMMARY OF FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED Cash and cash equivalents $ 185,117 Prepayments, deposits and other receivables 145,228 Due from a shareholder 34,048 Right-of-use operating lease assets 113,590 Plant and equipment, net 30,365 Intangible assets- Technical know-hows 818,200 Goodwill 2,974,364 Other payables and accrued liabilities (383,087 ) Contract liabilities (2,896 ) Due to shareholders (99,730 ) Operating lease liability (113,646 ) Tax payable (31,871 ) Deferred tax liabilities (163,640 ) Net purchase price $ 3,506,042 Less: Outstanding NPI debt owed to the Company Accounts receivable 989,854 Notes payable (3,066,617 ) Aggregate fair values of the assets acquired and liabilities assumed $ 1,429,279 The transaction resulted in a purchase price allocation of $ 2,974,364 to goodwill, representing the financial, strategic and operational value of the transaction to the Company. Goodwill is attributed to the premium that the Company paid to obtain the value of the business of NPI and the synergies expected from the combined operations of NPI and the Company, the assembled workforce and their knowledge and experience in provision of products and projects utilizing NPI’s technical know-hows and FinTech App development. The total amount of the goodwill acquired is not deductible for tax purposes. The movement of the goodwill for the years ended August 31, 2021 and 2020 are as follows: Schedule Of Movement Of Goodwill Balance as of September 1, 2019 $ - Acquisition of NPI 2,974,364 Balance as of August 31, 2020 $ 2,974,364 Impairment of goodwill in relation to NPI (1,226,419 ) Balance as of August 31, 2021 $ 1,747,945 The Company performed goodwill impairment test at the reporting unit level on an annual basis and between annual tests when an event occurs or circumstances change indicating the asset might be impaired. As of August 31, 2021, the Company performed testing on reporting unit of the Fintech App development. The Company first assessed qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. For those reporting units where it is determined that it is more likely than not that their fair values are less than the units’ carrying amounts, the Company will perform the first step of a two-step quantitative goodwill impairment test. After performing the assessment, if the carrying amounts of the reporting units are higher than their fair values, the Company will perform the second step of the two-step quantitative goodwill impairment test. In 2021, the Company performed qualitative assessments for FinTech App development reporting unit. Based on the requirements of ASC 350-20-35-3C through ASC 350-20-35-3G, the Company evaluated all relevant factors, weighed all factors in their totality. As the financial performance of FinTech App development reporting unit was below original expectations, fair value of this reporting unit was indicated to be lower than its carrying value. For this reporting unit, where it was determined that it was more likely than not that its fair value was less than the units’ carrying amount after performing the qualitative assessment, as a result, the Company performed the two-step quantitative goodwill impairment test for these two reporting units. For the two-step goodwill impairment test, the Company estimated the fair value with either income approach or asset approach for specific reporting unit components. With the income approach, the Company estimates the fair value of the reporting units using discounted cash flows. Forecasts of future cash flows are based on the best estimate of future net sales and operating expenses, based primarily on expected expansion, pricing, market share, and general economic conditions. Certain estimates of discounted cash flows involve businesses with limited financial history and developing revenue models. Changes in these forecasts could significantly change the amount of impairment recorded, if any. Asset based approach is used in evaluating the fair value of some specific components which is deemed as the most prudent approach due to the unpredictability of future cash flows. The result of step one impairment test for the FinTech App development reporting unit failed, with its determined fair value lower than the book value. The Company performed step two impairment test, applying the income approach, resulting an impairment loss of goodwill of $ 1,226,419 b eing recorded for the year ended August 31, 2021. The impairment loss of goodwill was primarily attributable to the impairment related to NPI as the financial performance of the reporting unit of FinTech App development continued to fall below the Company’s original expectations.

PLANT AND EQUIPMENT, NET

PLANT AND EQUIPMENT, NET	12 Months Ended
	Aug. 31, 2021
Property, Plant and Equipment [Abstract]
PLANT AND EQUIPMENT, NET	4. PLANT AND EQUIPMENT, NET Plant and equipment as of August 31, 2021 and 2020 are summarized below: SCHEDULE OF PLANT AND EQUIPMENT, NET 2021 2020 As of August 31, 2021 2020 Furniture and fixtures $ 64,791 $ 20,159 Office equipment 32,038 65,809 Leasehold improvements 83,883 18,832 Total 180,712 104,800 Less: Accumulated depreciation (110,952 ) (71,133 ) Plant and equipment, net $ 69,760 $ 33,667 Depreciation expense, classified as operating expenses, was $ 36,674 and $ 9,349 for the year ended August 31, 2021 and 2020 respectively.

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET	12 Months Ended
	Aug. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS, NET	5. INTANGIBLE ASSETS, NET Intangible assets, net, as of August 31, 2021 and 2020 consisted of the following: SCHEDULE OF INTANGIBLE ASSETS 2021 2020 As of August 31, 2021 2020 Investment platform (a) $ 30,000 $ 30,000 Technical know-hows (Note 3) 818,200 818,200 Trademarks 3,483 - Total 851,683 848,200 Less: Accumulated amortization (108,959 ) (6,500 ) Impairment (111,915 ) (23,500 ) Intangible assets, net $ 630,809 $ 818,200 Amortization expense for intangible assets was $ 102,459 and $ nil , respectively, for the years ended August 31, 2021 and 2020. During the course of the Company’s strategic review of its operations, the Company assessed the recoverability of the carrying value of the Company’s intangible assets. The impairment charge, if any, represented the excess of carrying amounts of the Company’s intangible assets over their fair value, using the expected future discounted cash flows. Impairment loss of $ 88,415 nil was recognized for the years ended August 31, 2021 and 2020, respectively. The impairment loss of intangible assets was primarily attributable to the financial performance of NPI’s technical know-hows fall below the Company’s original expectations and they assessed the recoverability of the carrying value of certain intangible assets which resulted in impairment losses . As of August 31, 2021, amortization expenses related to intangible assets for future periods are estimated to be as follows: SCHEDULE OF AMORTIZATION EXPENSES RELATED TO INTANGIBLE ASSETS 12 months ending August 31, 2022 $ 89,993 2023 89,993 2024 89,993 2025 89,993 2026 and thereafter 270,837 Total $ 630,809

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Aug. 31, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	6. RELATED PARTY TRANSACTIONS SCHEDULE OF RELATED PARTY TRANSACTIONS Year ended August 31, 2021 2020 Professional fee - Greenpro Financial Consulting Limited (a) $ - $ 21,753 Computer and networking - LOC (note 2) - 1,000,000 Rental expense (b) 19,135 - Other income: Other income from Greenpro LF Limited(c) 1,838 - Note interest income from LOC (d) - 92,395 Note interest income from BJDC (d) - 45,231 (a) The directors of Greenpro Financial Consulting Limited (Mr. Lee Chong Kuang and Mr. Loke Che Chan) are also the directors of the investment managers of Greenpro Asia Strategic SPC, a 4.75 % shareholder of the Company. This fee is due for payment to Greenpro Financial Consulting Limited upon receipt of an invoice. (a) The directors of Greenpro Financial Consulting Limited (Mr. Lee Chong Kuang and Mr. Loke Che Chan) are also the directors of the investment managers of Greenpro Asia Strategic SPC, a 4.75% shareholder of the Company. This fee is due for payment to Greenpro Financial Consulting Limited upon receipt of an invoice. Greenpro Financial Consulting Limited provides services to the Company and the Company incurred professional fees $nil and $21,753 for the year ended August 31, 2021 and 2020, respectively. There is no accrued amount as of August 31, 2021 and 2020. Greenpro Financial Consulting Limited provides services to the Company and the Company incurred professional fees $ nil and $ 21,753 for the year ended August 31, 2021 and 2020, respectively. There is no accrued amount as of August 31, 2021 and 2020. (b) On September 1, 2020, LOC leased an office in Taichung, Taiwan from the Company’s shareholder. The lease was renewed on April 1, 2021 for additional one-year term. The monthly lease was for the amount of NTD 45,000 ($ 1,595 ), with a term of one year. During the year ended August 31, 2021, the Company recognized rental expenses of $ 19,135 that are included in general and administrative expenses. (c) Greenpro LF Limited, a Seychelles company, owned by Mr. Lin Yi-Hsiu, a director of the Company and Mr. Lee Chong Kuang. (d) From April 2019, the Company entered into multiple loan agreements with LOC and loaned LOC a total amount of $ 2,164,082 as of August 31, 2020. The loans are secured by personal guarantees of certain of its ultimate shareholders, bear interest at 8% per annum, and are due on various dates through August 2021. Interest totaled $137,626 was charged by these two companies for the year ended August 31, 2020. (d) From April 2019, the Company entered into multiple loan agreements with LOC and loaned LOC a total amount of $ 2,164,082 as of August 31, 2020. The loans are secured by personal guarantees of certain of its ultimate shareholders, bear interest at 8 % per annum, and are due on various dates through August 2021. From May 2019, the Company entered into multiple short-term loan agreements with BJDC and loaned this company a total amount of $ 841,763 as of August 31, 2020. The loans are secured by personal guarantees of certain of its ultimate shareholders, bear interest at 8 % per annum, and are due on various dates through August 2021. Interest totaled $ 137,626 was charged to these two companies for the year ended August 31, 2020.

PREPAYMENTS, DEPOSITS AND OTHER

PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES	12 Months Ended
	Aug. 31, 2021
Prepayments Deposits And Other Receivables
PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES	7. PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES SCHEDULE OF PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES 2021 2020 As of August 31, 2021 2020 Rental and management fee deposits $ 120,831 $ 137,088 Other prepaid expenses 194,040 81,108 Staff advances - 2,970 Other taxes recoverable 19,183 Prepayments, deposits and other receivables 334,054 221,166 Less: non-current portion Rental and management fee deposits 54,204 - Other prepaid expenses 48,135 - Prepayments, deposits and other receivables, non-current 102,339 - Prepayments, deposits and other receivables, current $ 231,715 $ 221,166

ACCRUED EXPENSES AND OTHER PAYA

ACCRUED EXPENSES AND OTHER PAYABLES	12 Months Ended
	Aug. 31, 2021
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER PAYABLES	8. ACCRUED EXPENSES AND OTHER PAYABLES SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES 2021 2020 As of August 31, 2021 2020 Accrued interests (Notes 9, 10 and 11) $ 2,935 $ 6,191 Accrued expenses 295,686 240,172 Unearned income - 2,222 Other taxes payable - 31,871 Other payable 75,648 43,661 Accrued expenses and other payables $ 374,269 $ 324,117 The Company signed an agreement with a third party whereby the Company authorizes the third party to use the Company’s investment platform and related applications for a period until December 31, 2020, for an upfront fee. An additional fee is charged upon the third party’s sale of products on the Company’s mobile application. Unearned income on this contract was $ nil and $ 2,222 as of August 31, 2021 and 2020, respectively.

DUE FROM (TO) SHAREHOLDERS, DIR

DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY	12 Months Ended
	Aug. 31, 2021
Due From To Shareholders Directors And Related Company
DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY	9. DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY SCHEDULE OF DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY As of August 31, As of August 31, 2021 2020 Loan to Cheng Hung-Pin (a shareholder) $ - $ 34,048 Due from a director: Cheng Shui-Fung $ - $ 189,474 Due from a related company: Greenpro LF Limited $ - $ 36,666 Due to a director: Lin Yi-Hsiu $ 1,098,374 $ 1,400,459 Loan from Hsu Kuo-Hsun (a shareholder) $ - $ 60,075 Due to shareholders: Tu Yu-Cheng $ 50,591 $ 96,530 Cheng Hung-Pin 800 800 Huang Mei-Ying 800 800 Lo Shih-Chu 800 800 Chen Jun-Yuan 800 800 $ 53,791 $ 99,730 On March 10, 2020, LOC entered into a loan agreement with Cheng Hung-Pin and loaned him $ 33,322 (NT$ 1,000,000 ). The loan is unsecured, bears interest at a rate of 3 % per annum and repayable on demand. The loan was fully repaid on May 12, 2021. On July 20, 2020, the Company obtained a loan of RMB 420,000 ($ 60,075 ) from Hsu Kuo-Hsun which accrues interest at the rate of 8 % per annum. The loan is due on July 17, 2021 and Mr. Lin Yi-Hsiu would be liable when the Company fails to repay. The loan was fully repaid on May 26, 2021. Interest of $ nil and $ 544 was accrued as of August 31, 2021 and 2020, respectively. Amounts due from (to) shareholders, directors and a related company are unsecured, interest-free with no fixed payment term.

BONDS PAYABLE

BONDS PAYABLE	12 Months Ended
	Aug. 31, 2021
Debt Disclosure [Abstract]
BONDS PAYABLE	10. BONDS PAYABLE The Company had entered into a Bond Purchase Agreement with an individual third party on August 14, 2019, pursuant to which the Company issued and sold to the purchaser a bond at an aggregate principal amount and an aggregate purchase price of $ 600,000 . The bond will mature in three years from August 14, 2019 . Interest on the bond will be payable on semi-yearly basis at 10 % per annum. The Company may exercise its right to repay this bond at any time on or before two years from the maturity date by wiring 100% of all outstanding principal and interest(s) to the Purchaser. Interest of $ 2,935 was accrued as of August 31, 2021 and August 31, 2020.

CONVERTIBLE NOTES PAYABLE TO RE

CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES	12 Months Ended
	Aug. 31, 2021
Convertible Notes Payable To Related Parties
CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES	11. CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES The Company entered into a series of Convertible Promissory Note Purchase Agreements (the “Agreements”) with certain investors between February 2020 and January, 2021. Pursuant to the Agreements, the Company issued certain Convertible Promissory Notes (the “Notes”) to the investors in a total principal amount of $ 1,030,000 . A summary of the major terms of the Agreements are presented as follows: SCHEDULE OF CONVERTIBLE NOTES PAYABLE Investor Principal amount Issue date Maturity date Interest rate Teh-Ling Chen $ 110,000 February 24, 2020 February 24, 2022 6 % Li-Ching Yang 20,000 February 27, 2020 February 27, 2022 6 % Jui-Chin Chen 100,000 March 18, 2020 March 18, 2022 6 % Teh-Ling Chen 100,000 November 2, 2020 November 2, 2022 6 % Chin-Ping Wang 200,000 November 25, 2020 November 25, 2022 6 % Chin-Nan Wang 200,000 November 25, 2020 November 25, 2022 6 % Chin-Chiang Wang 200,000 November 25, 2020 November 25, 2022 6 % Teh-Ling Chen 100,000 January 15, 2021 January 15, 2023 6 % $ 1,030,000 On February 24, 2020, the Company issued a convertible promissory note in the principal amount of $ 110,000 , which accrues interest at the rate of 6 % per annum, to a shareholder – Teh-Ling Chen. The note is due on February 24, 2022 and unsecured. On February 27, 2020, the Company issued a convertible promissory note in the principal amount of $ 20,000 , which accrues interest at the rate of 6 % per annum, to a shareholder – Li-Ching Yang. The note is due on February 27, 2022 and unsecured. On March 18, 2020, the Company issued a convertible promissory note in the principal amount of $ 100,000 , which accrues interest at the rate of 6 % per annum, to a shareholder – Jui-Chin Chen. The note is due on March 18, 2022 and unsecured. On August 17, 2020, the Company entered into amendments to the Notes and the convertible promissory note purchase agreements with each of the Noteholders, wherein, at the sole option of the applicable Noteholder, all or part of the unpaid outstanding principal of such Noteholder’s Note would be convertible into shares of restricted common stock of the Company at a conversion price equal to $ 0.40 per share. On August 18, 2020, two of the Noteholders submitted conversion notices to the Company converting all of the outstanding balances of their Notes into an aggregate of 325,000 shares of the Company’s common stock. On November 2, 2020, the Company issued a convertible promissory note in the principal amount of $ 100,000 , which accrues interest at the rate of 6 % per annum, to a shareholder – Teh-Ling Chen. The note is due on November 2, 2022 and unsecured. On November 25, 2020, the Company further issued convertible promissory notes in the total principal amount of $ 600,000 , which accrues interest at the rate of 6 % per annum, to shareholders –Chin-Ping Wang, Chin-Nan Wang and Chin-Chiang Wang. The note is due on November 25, 2022 and unsecured. On January 15, 2021, the Company issued a convertible promissory note in the principal amount of $ 100,000 , which accrues interest at the rate of 6 % per annum, to a shareholder – Teh-Ling Chen. The note is due on January 15, 2023 and unsecured. For each of the convertible promissory notes, the Company is entitled to a one-year extension. The outstanding principal amounts of the notes are convertible at any time at the option of the holders into common stock at a conversion price of either $1 per share if converted within one year or $1.5 per share if converted after one year. Each of the lenders may convert part of the principal outstanding in increments of $10,000 or multiples of $10,000 at any time. Accrued interest, if any, will be forfeited on any principal amount being converted. The conversion feature is dual indexed to the Company’s stock, and is considered an embedded derivative which needs to be bifurcated from the host instrument in accordance with ASC 815. ASC 815-15-25 provides that if an entity has a hybrid financial instrument that would require bifurcation of embedded derivatives under ASC 815, the entity may irrevocably elect to initially and subsequently measure a hybrid financial instrument in its entirety at fair value with changes in fair value recognized in earnings. The fair value election can be made instrument by instrument and shall be supported by concurrent documentation or a preexisting documented policy for automatic election. The Company elected to measure the Notes in their entirety at fair value with changes in fair value recognized as non-operating income or loss at each balance sheet date in accordance with ASC 815-15-25. Fair value of the convertible promissory notes of $ 990,000 and $ 104,000 as of August 31, 2021 and 2020 respectively are determined using the binomial model, one of the option pricing methods. The valuation involves complex and subjective judgment and the Company’s best estimates of the probability of occurrence of future events, such as fundamental changes, on the valuation date. Under the binomial valuation model, the Group uses a weighted risk-free and risk interest rate (the combination of the risk free rate plus the credit spread for the underlying Notes) weighted by the probability of conversion as internally solved out by binomial model in discounting its cash flows. The main inputs to this model include the underlying share price, the expected share volatility, the expected dividend yield, the risk free and risk interest rate. During the years ended August 31, 2021 and 2020, interest of $44,908 and $ 3,997 were incurred on the Notes, respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Aug. 31, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	12. INCOME TAXES For the years ended August 31, 2021 and 2020, the local (United States) and foreign components of loss before income tax were comprised of the following: SCHEDULE OF INCOME/(LOSS) BEFORE INCOME TAXES Year ended August 31, 2021 2020 Tax jurisdictions from: - Local $ (5,200,428 ) $ (6,387,031 ) - Foreign, representing Seychelles (1,610 ) (1,603 ) British Virgin Islands (89,403 ) - Taiwan (3,077,725 ) 76,245 PRC (594,153 ) - Hong Kong (2,768,311 ) (3,530,440 ) Loss before income tax $ (11,731,630 ) $ (9,842,829 ) The components of the provision for income taxes benefits are: SCHEDULE OF COMPONENTS OF PROVISION BENEFIT FOR INCOME TAXES Year ended August 31, 2021 2020 Current $ - $ - Deferred (38,138 ) - Total income tax benefits $ (38,138 ) $ - The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES Year ended August 31, 2021 2020 Loss before income taxes $ (11,731,630 ) $ (9,842,829 ) Statutory income tax rate 21 % 21 % Income tax credit computed at statutory income rate (2,463,642 ) (2,066,994 ) Reconciling items: Non-deductible expenses 413,599 1,980 Share-based payments 1,378,279 1,693,125 Tax effect of tax exempt entity 19,113 337 Rate differential in different tax jurisdictions 18,838 158,107 Valuation allowance on deferred tax assets 595,675 213,445 Income tax benefits $ (38,138 ) $ - United States of America The Company is registered in the State of Nevada and is subject to the tax laws of the United States of America. As of August 31, 2021, the operations in the United States of America incurred $ 2,237,348 of cumulative net operating losses (NOL’s) which can be carried forward to offset future taxable income. The NOL carryforwards begin to expire in 2037 , if unutilized. As of August 31, 2021 and 2020, the Company has provided for a full valuation allowance of $ 469,843 and $ 339,334 , respectively, against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. Seychelles Under the current laws of the Seychelles, LFG is registered as an international business company which governs by the International Business Companies Act of Seychelles and there is no income tax charged in Seychelles. British Virgin Islands NPI is tax exempted in the British Virgin Islands where it was incorporated. Taiwan LOC is subject to corporate income tax (“CIT”) in Taiwan. With effect from January 1, 2018, the CIT rate in Taiwan is 20 %. However, for profit-seeking entities with less than NT$ 500,000 (approximately $ 16,000 ) in taxable income, the CIT rate is 18 % in 2018, 19 % in 2019, and 20 % since 2020 if taxable income exceeds NT$ 120,000 (approximately $ 3,900 ). As of August 31, 2021, LOC had net operating loss carry-forwards in Taiwan of $ 3,090,707 , which will expire in various years through 2025. The Company has provided for a full valuation allowance of $ 618,141 against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. PRC BJDC is subject to corporate income tax (“CIT”) at 25 % in accordance with the relevant tax laws and regulations of the PRC. As of August 31, 2021, BJDC had net operating loss carry-forwards in the PRC of $ 1,831,208 , which will expire in various years through 2028. The Company has provided for a full valuation allowance of $ 457,802 against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. Hong Kong JFB is subject to Hong Kong Profits Tax, which is charged at the statutory income rate of 16.5 % on its assessable income. No provision for Hong Kong profits tax has been made in the financial statements as JFB has no assessable profits for the years. As of August 31, 2021, the operations in Hong Kong incurred $ 2,843,554 of cumulative net operating losses (NOL’s) which can be carried forward indefinitely to offset future taxable income. As of August 31, 2021 and 2020, the Company has provided for a full valuation allowance of approximately $ 469,186 and $ 357,545 , respectively, against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities as of August 31, 2021 and 2020 are presented below: SCHEDULE OF DEFERRED TAX ASSETS As of August 31, 2021 2020 Deferred tax assets: Net operating loss carryforwards – United States of America $ (469,843 ) $ (339,334 ) – Taiwan (618,141 ) (81,803 ) – PRC (457,802 ) (309,264 ) – Hong Kong (469,186 ) (357,545 ) Less: valuation allowance 2,014,972 1,087,946 $ - $ - Deferred tax liabilities: Intangible assets- Technical know-hows $ 125,502 $ 163,640

COMMON STOCK

COMMON STOCK	12 Months Ended
	Aug. 31, 2021
Equity [Abstract]
COMMON STOCK	13. COMMON STOCK On September 1, 2019, the Company entered into an employment agreement with Yi-Hsiu Lin to serve as the Chief Executive Officer of the Company for a two -year term. Pursuant to the agreement, Mr. Lin will be compensated at an annual rate of $ 50,000 per year (the “Base Compensation”), prorated for any partial year in cash or 2,500,000 shares of restricted common stock, which vested on September 16, 2019 and September 1, 2020. In addition, Mr. Lin may be entitled to bonus compensation of up to three (3) times Base Compensation based on his achievement of appropriate performance criteria to be determined by the board of directors or a committee thereof. The fair value of the shares of restricted common stock was $ 1,250,000 and $ 1,000,000 , respectively, which was calculated based on a price per share of $ 0.50 and $ 0.40 , respectively and amortized over the service term. During the year ended August 31, 2021 and 2020, the Company amortized $ 1,000,000 and $ 1,250,000 , respectively, as remuneration. On September 1, 2019, the Company issued a director offer letter to Shui Fung Cheng, pursuant to which Mr. Cheng agreed to serve as a director of the Company for a one -year term. For his service as a director, Mr. Cheng will receive an annual compensation, prorated for any partial year, in the form of $ 30,000 in cash or 1,500,000 shares of restricted common stock. The offer letter provided that compensation, either in cash or shares of restricted common stock, shall be paid or granted immediately on September 1, 2019. The fair value of the shares of restricted common stock was $ 750,000 , which was calculated based on a price per share of $ 0.50 and amortized over the service term. The offer was renewed on September 1, 2020 and all shares were granted and vested on the same date. The fair value of the shares of restricted common stock was $ 600,000 , which was calculated based on a price per share of $ 0.40 and amortized over the service term. During the year ended August 31, 2021 and 2020, the Company amortized $ 600,000 and $ 750,000 , respectively, as remuneration. On September 1, 2019, the Company entered into a consulting agreement with a consultant to provide business development services to the Company for a one -year term. Pursuant to the agreement, the Company agreed to pay the consultant a fee of $ 40,000 in the form of 2,000,000 shares of restricted common stock, which vested on September 15, 2019, prorated for any partial year. The fair value of the shares of restricted common stock was $ 1,000,000 , which was calculated based on a price per share of $ 0.50 and amortized over the service term. During the year ended August 31, 2021 and 2020, the Company amortized $ nil and $ 1,000,000 , respectively, as consulting expenses under this agreement. On September 1, 2019, the Company entered into a consulting agreement with a consultant to provide business advisory services to the Company for a one -year term. Pursuant to the agreement, the Company agreed to pay the consultant a fee of $ 50,000 in the form of 2,500,000 shares of restricted common stock, which vested on September 15, 2019, prorated for any partial year. The fair value of the shares of restricted common stock was $ 1,250,000 , which was calculated based on a price per share of $ 0.50 and amortized over the service term. During the year ended August 31, 2021 and 2020, the Company amortized $ nil and $ 1,250,000 , respectively, as consulting expenses under this agreement. On June 30, 2020, the Company entered into a stock forfeiture letter (the “Stock Forfeiture Letter”) with First Leader Capital Ltd., a significant stockholder of the Company and an entity solely owned and controlled by Yi-Hsiu Lin, the Company’s Chief Executive Officer and a member of the Company’s board of directors. Pursuant to the Stock Forfeiture Letter, on June 30, 2020, First Leader Capital Ltd. forfeited and surrendered 5,500,000 shares (the “Surrendered Shares”) of the Company’s common stock, par value $ 0.0001 per share (the “Common Stock”), and the Surrendered Shares were automatically cancelled and retired (the “Stock Cancellation”). First Leader Capital Ltd. agreed to forfeit and cancel the Surrendered Shares in exchange for the benefit from reducing the Company’s outstanding Common Stock to be more in line with what management deems to be market expectations based on the Company’s current valuation. 5,500,000 shares were canceled on September 21, 2020. On March 1, 2020, the Company entered into a consulting agreement with a consultant to provide business advisory services to the Company for a one -year term. Pursuant to the agreement, the Company agreed to pay the consultant a fee of $ 60,000 and 1,000,000 shares of restricted common stock, which vested not later than June 30, 2020, prorated for any partial year. On June 30, 2020, the Company’s board of directors approved additional 500,000 shares to the consultant in exchange for services rendered. The shares were granted on July 7, 2020. On March 1, 2021, the Company renewed the consulting agreement for a one term. Pursuant to the agreement, the Company agreed to pay the consultant a fee of $ 60,000 and 1,000,000 shares of restricted common stock, which vested not later than June 30, 2021, prorated for any partial year. The fair value of the shares of restricted common stock was $ 750,000 and $ 100,000 , respectively which was calculated based on a price per share of $ 0.50 and $ 0.10 respectively and amortized over the service term. During the year ended August 31, 2021 and 2020, the Company amortized $ 425,000 and $ 375,000 , respectively, as consulting expenses under this agreement. On June 30, 2020, the Company’s board of directors agreed to grant a new employee of JFB, (i) 5,000,000 5,000,000 two As of August 31, 2020, 5,000,000 and 3,000,000 shares of common stock of the Company have been issued to the employee and service provider respectively. The fair value of the shares of restricted common stock to them was $ 3,200,000 , which was calculated based on a price per share of $ 0.40 . For the year ended August 31, 2021, a further 4,928,918 shares were vested to the employee upon achievement of the milestones set forth in the employee’s offer letters. During the year ended August 31, 2021, the Company amortized $ nil and $ 1,971,567 as professional fees and salaries respectively. During the year ended August 31, 2020, the Company amortized $ 1,200,000 and $ 2,237,500 as professional fees and salaries respectively. The shares were granted on July 7, 2020. From May to August 2020, the Company entered into securities purchase agreement with several accredited investors whereby the investors purchased a total of 3,925,035 shares of the Company’s common stock at $ 0.40 per share. The Company received aggregate gross proceeds of $ 1,570,014 . Pursuant to the terms of the securities purchase agreements, the investors have piggyback registration rights with respect to the shares. The Company issued 3,550,035 shares in July 2020 and the remaining was issued by early January 2021. The Company issued 8,415,111 shares of common stock for the acquisition of NPI in August 2020 (Note 1). On July 27, 2020, the Company issued an offer letter to a staff, pursuant to which the staff agreed to serve as an executive assistant of the Company. For the service as an executive assistant, the staff received a monthly compensation in the form of NT$ 77,000 ($ 2,717 ) for the first three months (probationary period) and thereafter NT$ 92,500 ($ 3,264 ) in cash. In addition, The staff would have been granted 50,000 shares of restricted common stock upon completion of the first year of service and 50,000 shares of restricted common stock if the staff met the criteria established by the Company. The fair value of the shares of restricted common stock was $ 50,000 , which was calculated based on a price per share of $ 1.00 and amortized over the service term. The Company cancelled the offer on May 1, 2021. During the year ended August 31, 2021 and 2020, the Company recognized $ 50,000 and $ nil respectively as compensation under this arrangement. On August 1, 2020, the Company entered into an agreement with a company for provision of consulting services by its employee to the Company for a one -year term. Pursuant to the agreement, the Company agreed to pay the provider an annual compensation of $ 66,000 , prorated for any partial year. In February 2021, both parties agreed to amend the annual compensation to $ 57,750 . In addition, for the services of its employees on a one-year term, the provider was granted 1,000,000 shares of restricted common stock, vested on September 15, 2020. The fair value of 1,000,000 shares granted was $ 400,000 , which was calculated based on the stock price of $ 0.40 per share on September 15, 2020 and will be amortized over the service term. During the year ended August 31, 2021 and 2020, the Company recognized $ 383,334 and $ 5,500 as compensation under these arrangements. The shares were issued on January 6, 2021. On August 3, 2020, the Company issued an offer letter to a staff, pursuant to which the staff agreed to serve as an executive assistant of the Company. For the service as an executive assistant, the staff received a monthly compensation in the form of NT$ 77,000 ($ 2,717 ) in cash. In addition, the staff would have been granted 50,000 shares of restricted common stock upon completion of the first year of service and 50,000 shares of restricted common stock if the staff met the criteria established by the Company. The fair value of the shares of restricted common stock was $ 50,000 , which was calculated based on a price per share of $ 1.00 and amortized over the service term. The Company cancelled the offer on May 1, 2021. During the year ended August 31, 2021 and 2020, the Company recognized $ 50,000 and $ nil respectively as compensation under this arrangement. On November 1, 2020, the Company entered into consulting agreements with two consultants to assist in monitoring and improving FinMaster APP for a one -year term. Pursuant to the agreement, the Company agreed to pay the consultants in the form of 2,500,000 shares of restricted common stock, which vested on November 1, 2020, prorated for any partial year. The fair value of the shares of restricted common stock was $ 2,500,000 , which was calculated based on a price per share of $ 1.00 and amortized over the service term. During the year ended August 31, 2021 and 2020, the Company amortized $ 2,083,334 and $ nil respectively as consulting expenses under these agreements. On February 8, 2021, the Company and First Leader Capital Ltd. mutually agreed to forfeit and surrender further 5,000,000 shares (the “Surrendered Shares”) of the Company’s common stock, par value $ 0.0001 per share (the “Common Stock”), and the Surrendered Shares were automatically cancelled and retired. First Leader Capital Ltd. agreed to forfeit and cancel the Surrendered Shares in exchange for the benefit from reducing the Company’s outstanding Common Stock to be more in line with what management deems to be market expectations based on the Company’s current valuation. On May 17, 2021, the Company and First Leader Capital Ltd. mutually agreed to forfeit and surrender further 13,132,500 shares (the “Surrendered Shares”) of the Company’s common stock, par value $ 0.0001 per share (the “Common Stock”), and the Surrendered Shares were automatically cancelled and retired. First Leader Capital Ltd. agreed to forfeit and cancel the Surrendered Shares in exchange for the benefit from reducing the Company’s outstanding Common Stock to be more in line with what management deems to be market expectations based on the Company’s current valuation. From May 2020 to August 2021, the Company entered into securities purchase agreements with several accredited investors whereby the investors purchased a total of 37,157,535 shares of the Company’s common stock at an average price of $ 0.140 per share. The Company received aggregate gross proceeds of $ 5,206,994 . Pursuant to the terms of the securities purchase agreements, the investors have piggyback registration rights with respect to the shares. The shares were fully issued by August 30, 2021. As of August 31, 2021, unrecognized share-based compensation expense was $ 2,274,266 . As of August 31, 2021, 100,000 shares were granted to employees and vested but not yet issued.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Aug. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	14. COMMITMENTS AND CONTINGENCIES During the year ended August 31, 2021, the Company entered into agreements with independent third parties to lease office and staff quarter premises in Taiwan, Shenzhen, Beijing and Hong Kong on a monthly basis, for the operations of the Company. Rental expense for the year ended August 31, 2021 and 2020 was $ 333,118 and $ 130,999 , respectively. The following table lists the future minimal payments to be paid by the Company under a non-cancellable operating lease for office space in Taiwan with an initial term of one-year as of August 31, 2021: SCHEDULE OF OPERATING LEASE MINIMUM RENT PAYMENTS Year ending August 31, 2022 $ 11,388 2023 - 2024 - 2025 - 2026 - Thereafter - Present value of lease liabilities $ 11,388 As of August 31, 2021, the Company had future minimum lease payments for non-cancelable short-term operating leases of $ 11,388 payable to a shareholder. The components of lease costs, lease term and discount rate with respect of leases with an initial term of at least 12 months are as follows: SCHEDULE OF COMPONENTS OF LEASE COSTS, LEASE TERM AND DISCOUNT RATE For the year ended August 31, 2021 2020 Operating lease cost – classified as general and administrative expenses $ 292,567 $ 128,580 Weighted Average Remaining Lease Term – Operating leases 0.95 years 1.30 years Weighted Average Discounting Rate – Operating leases 4.20 % 5.53 % The following is a schedule, by years, of maturities of lease liabilities as of August 31, 2021: SCHEDULE OF MATURITIES OF LEASE LIABILITIES Operating leases 2022 $ 286,843 2023 89,857 2024 - 2025 - 2026 - Thereafter - Total undiscounted cash flows 376,700 Less: imputed interest (24,345 ) Present value of lease liabilities $ 352,355 Contingencies The Labor Contract Law of the People’s Republic of China requires employers to assure the liability of the severance payments if employees are terminated due to restructuring, termination as a result of a mutual agreement or termination as a result of the expiration of a fixed-term labor contract. The Company has estimated its possible severance payments of approximately $ 129,000 and $ 86,000 as of August 31, 2021 and 2020, respectively, which have not been reflected in its consolidated financial statements, because it is more likely than not that this will not be paid or incurred. In Taiwan, an employer can terminate an employment contract with notice (or with pay in lieu of notice) and with severance pay only due to stoppage of business or a transfer of ownership, business losses or curtailment of business operations, suspension of operations due to a force majeure event, or alteration of the business nature, forcing a reduction in the number of employees, and those employees cannot be reassigned to other suitable positions, or the employee is incapable of performing the tasks assigned. The Company has estimated its possible severance payments of approximately $ 69,000 and $ 28,000 as of August 31, 2021 and 2020, respectively, which have not been reflected in its consolidated financial statements, because it is more likely than not that this will not be paid or incurred.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Aug. 31, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	15. SUBSEQUENT EVENTS On September 1, 2021, the Company renewed the employment agreement with Yi-Hsiu Lin for additional two years. Pursuant to the agreement, Mr. Lin will be compensated at an annual rate of $ 120,000 2,500,000 $250,000 0.10 On September 1, 2021, the Company issued a director offer letter to Shui Fung Cheng, pursuant to which Mr. Cheng agreed to serve as a director of the Company for a one 80,000 1,500,000 150,000 0.10 On September 3, 2021, the Company entered into a securities purchase agreement with an individual accredited investor whereby the investor purchased 100,000 0.25 25,000 On September 28, 2021, the Company entered into a securities purchase agreement with an accredited investor whereby the investor purchased 800,000 0.25 200,000 On October 5, 2021, the Company received the second tranches gross proceeds of $ 250,000 6,000,000 0.10 1,000,000 2,500,000 2,500,000 On October 27, 2021, the Company entered into a securities purchase agreement with an individual accredited investor whereby the investor purchased 200,000 0.25 50,000 On October 28, 2021, the Company entered into a securities purchase agreement with an individual accredited investor whereby the investor purchased 560,000 0.25 140,000 On December 9, 2021, the Company received the third tranches gross proceeds of $ 250,000 6,000,000 0.10 1,000,000 2,500,000 2,500,000

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Aug. 31, 2021
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) and include the financial statements of LCHD and its wholly owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. The Company has adopted August 31 as its fiscal year end.
Going concern	Going concern The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company has suffered recurring losses from operations, and records an accumulated deficit and a working capital deficit of $ 23,001,067 and $ 1,521,119 respectively as of August 31, 2021. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The ability to continue as a going concern is dependent upon the Company’s profit generating operations in the future and/or obtaining the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they become due. The Company expects to finance its operations primarily through cash flows from operations, loans from existing directors and shareholders and placements of capital stock for additional funding. In the event that the Company requires additional funding to finance the growth of the Company’s current and expected future operations as well as to achieve our strategic objectives, a shareholder has indicated the intent and ability to provide additional financing. No assurance can be given that any future financing, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company is able to obtain additional financing, if needed, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stock holders, in the case of equity financing. In March 2020 the World Health Organization declared coronavirus COVID-19 a global pandemic. The COVID-19 pandemic has negatively impacted the global economy, workforces, customers, and created significant volatility and disruption of financial markets. It has also disrupted the normal operations of many businesses, including the Company’s businesses. This outbreak could decrease spending, adversely affect demand for the Company’s services and harm its business and results of operations. It is not possible for the Company to predict the duration or magnitude of the adverse results of the outbreak and its effects on its business or results of operations at this time. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.
Use of estimates	Use of estimates The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management of the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, costs and expenses, and related disclosures. On an on-going basis, the Company evaluates its estimates based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. The COVID-19 pandemic has created and may continue to create significant uncertainty in macroeconomic conditions, which may cause further business slowdowns or shutdowns, depress demand for the Company’s business, and adversely impact its results of operations. The Company expects uncertainties around its key accounting estimates to continue to evolve depending on the duration and degree of impact associated with the COVID-19 pandemic. Its estimates may change as new events occur and additional information emerges, and such changes are recognized or disclosed in its consolidated financial statements. Identified below are the accounting policies that reflect the Company’s most significant estimates and judgments, and those that the Company believes are the most critical to fully understanding and evaluating its consolidated financial statements.
Business combination	Business combination The Company accounts for its business combinations using the acquisition method of accounting in accordance with Accounting Standards Codification (“ASC”) 805 “Business Combinations.” The cost of an acquisition is measured as the aggregate of the acquisition date fair values of the assets transferred and liabilities incurred by the Company to the sellers and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the fair value of the identifiable net assets of the acquiree is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in the consolidated statements of comprehensive income. During the measurement period, which can be up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded to the consolidated statements of comprehensive income. When there is a change in ownership interests that result in a loss of control of a subsidiary, the Company deconsolidates the subsidiary from the date control is lost. Any retained non-controlling investment in the former subsidiary is measured at fair value and is included in the calculation of the gain or loss upon deconsolidation of the subsidiary.
Goodwill and impairment of goodwill	Goodwill and impairment of goodwill Goodwill represents the excess of the purchase price and related costs over the fair value of the net identified tangible and intangible assets and liabilities assumed and is not amortized. The total amount of goodwill is deductible for tax purposes. In accordance with ASC Topic 350, “Intangibles-Goodwill and Other,” goodwill is not amortized but is tested for impairment, annually or more frequently when circumstances indicate a possible impairment may exist. Impairment testing is performed at a reporting unit level. An impairment loss generally would be recognized when the carrying amount of the reporting unit exceeds its fair value. The Company estimates fair value of the applicable reporting unit or units using a discounted cash flow methodology. This methodology represents a level 3 820, Fair Value Measurements and Disclosures not 1,226,419 nil on the goodwill recorded in the Company’s financial statements for the years ended August 31, 2021 and 2020, respectively. The impairment loss of goodwill was primarily attributable to the impairment related to NPI as the financial performance of the reporting unit of FinTech App development continued to fall below the Company’s original expectations. Given the current macro-economic environment and the uncertainties regarding its potential impact on the Company’s business, there can be no assurance that its estimates and assumptions used in its impairment tests will prove to be accurate predictions of the future. If the Company’s assumptions regarding forecasted cash flows are not achieved, it is possible that an impairment review may be triggered and goodwill may be impaired.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
Software development costs	Software development costs The Company expenses software development costs, including costs to develop software products or the software component of products to be marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached shortly before the release of such products and as a result, development costs that meet the criteria for capitalization were not material for the periods presented. The Company capitalizes development costs related to these software applications once the preliminary project stage is complete and it is probable that the project will be completed and the software will be used to perform the function intended. On September 1, 2018 (before the acquisition of NPI (Note 1)), JFB appointed LOC to develop a mobile application in four stages for a total consideration of TWD 20,000,000 ($ 651,466 ), payable in the form of shares of common stock of the Company. As of August 31, 2019, the first and second stages of development for the basic functions of the mobile application have been completed, and the Company has issued a total of 908,678 of restricted shares of common stock in aggregate at $ 0.50 per share for the work completed up to August 31, 2019. The Company has expensed $ 454,339 development costs for the first and second development stage in general and administrative expenses for the year ended August 31, 2019. In August 2020, the development of the mobile application has been completed, and the Company expensed $ 0.2 million development costs in general and administrative expenses for the year ended August 31, 2020. Further $ 0.6 million was incurred for additional functions developed and $ 0.2 million was incurred for the acquisition of the ownership of the intellectual property (Note 6).
Revenue recognition	Revenue recognition The Company adopted Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contracts to provide goods or services to customers. The core principle requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration that it expects to be entitled to receive in exchange for those goods or services recognized as performance obligations are satisfied. The Company recognizes revenues following the five-step model prescribed under ASU No. 2014-09: Step 1: Identify the contract Step 2: Identify the performance obligations Step 3: Determine the transaction price Step 4: Allocate the transaction price Step 5: Recognize revenue Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, which may occur at a point in time or over time depending on the terms and conditions of the agreement, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.
Provision of investment platform services	Provision of investment platform services The Company signed an agreement with a third party whereby the Company authorizes the third party to use the Company’s investment platform and related applications for a period until December 31, 2020. Income from provision of investment platform services with the use of the Company’s mobile applications is recognized when the service is performed. From September, 2020, the Company generated additional revenue from a new, more comprehensive mobile application, which refer to as the FinMaster mobile application (the “FinMaster App” and together with the JFB platform, the “Apps”), with similar functions as the JFB platform. Income from providing investment platform services with the use of a mobile application is recognized when the service is performed. The Company offers a self-managed points program, which can be used in the FinMaster App to redeem merchandise or services. The Company determines the value of each point based on estimated incremental cost. Customers and advocates have a variety of ways to obtain the points. The major accounting policy for its points program is described as follows: The Company concludes the bonus points offered linked to the purchase transaction of the points is a material right and accordingly a separate performance obligation according to ASC 606, and should be taken into consideration when allocating the transaction price of the point sales. The Company also estimates the probability of points redemption when performing the allocation. The amount allocated to the bonus points as separate performance obligation is recorded as contract liability (deferred revenue) and revenue should be recognized when future goods or services are transferred. The Company will continue to monitor when and if forfeiture rate data becomes available and will apply and update the estimated forfeiture rate at each reporting period. Since historical information is limited for the Company to determine any potential points forfeitures and most merchandise can be redeemed without requiring a significant amount of points compared with the amount of points provided to users, the Company has used an estimated forfeiture rate of zero.
Provision of software development service and maintenance service	Provision of software development service and maintenance service The Company entered into several agreements with third party customers to assist the customers in the development of their mobile communications software and mobile e-commerce software. Income from provision of software development service and maintenance service are recognized when the service is performed.
Revenue by major product line	Revenue by major product line SCHEDULE OF REVENUE BY MAJOR PRODUCT LINE Year ended August 31, 2021 2020 Provision of investment platform services $ 19,606 $ 6,667 Provision of software development service and maintenance service 75,560 - $ 95,166 $ 6,667
Revenue by recognition over time vs point in time	Revenue by recognition over time vs point in time SCHEDULE OF REVENUE BY RECOGNITION OVER TIME VS POINT IN TIME Year ended August 31, 2021 2020 Revenue by recognition over time $ 95,166 $ 6,667 Revenue by recognition at a point in time - - $ 95,166 $ 6,667 Remaining performance obligations represent contracted revenues that had not yet been recognized, and include deferred revenues; invoices that have been issued to customers but were uncollected and have not been recognized as revenues; and amounts that will be invoiced and recognized as revenues in future periods. As of August 31, 2021, the Company’s remaining performance obligations were $ 16,225 , which it expects to recognize as revenues over the next twelve months and the remainder thereafter. The Company had not occurred any costs to obtain contracts. The Company does not have amounts of contract assets since revenue is recognized as control of goods or services is transferred. The contract liabilities consist of advance payments from customers. The contract liabilities are reported in a net position on a customer-by-customer basis at the end of each reporting period. All contract liabilities are expected to be recognized as revenue within one year and are included in other payables and accrued liabilities in the consolidated balance sheet.
Contract balances	Contract balances The Company’s contract liabilities consist of receipts in advance for software development and FinMaster App. Below is the summary presenting the movement of the Company’s contract liabilities for the year ended August 31, 2021: SCHEDULE OF CONTRACT LIABILITIES Receipt in advance August 31, 2021 August 31, 2020 Balance as of September 1 $ 2,896 $ - Advances received from customers related to unsatisfied performance obligations 15,903 2,826 Revenue recognized from beginning contract liability balance (3,014 ) - Exchange difference 440 70 Balance as of August 31 $ 16,225 $ 2,896
Practical expedients and exemption	Practical expedients and exemption The Company had not occurred any costs to obtain contracts, and do not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less.
Research and development expenses	Research and development expenses Research and development (“R&D”) expenses are primary comprised of charges for R&D and consulting work performed by third parties; salaries and benefits for those employees engaged in research, design and development activities; costs related to design tools; and allocated costs. For the year ended August 31, 2021 and 2020, the total R&D expenses were $ 602,118 and $ nil , respectively.
Sales and marketing expenses	Sales and marketing expenses Sales and marketing expenses consist primarily of marketing and promotional expenses, salaries and other compensation-related expenses to sales and marketing personnel. Advertising expenses consist primarily of costs for the promotion of corporate image and product marketing. The Company expenses all advertising costs as incurred and classifies these costs under sales and marketing expenses. For the years ended August 31, 2021 and 2020, advertising costs totaled $ 168,535 and $ nil respectively. From September, 2019, customers or users of the Company’s mobile application can obtain points through ways such as frequent sign-ins to the Company’s mobile application, sharing articles from the application to users’ own social media. The Company believes these points are to encourage user engagement and generate market awareness. As a result, the Company accounts for such points as selling and marketing expenses with a corresponding liability recorded under other current liabilities of its consolidated balance sheets upon the points offering. The Company estimates liabilities under the customer loyalty program based on cost of the merchandise that can be redeemed, and its estimate of probability of redemption. At the time of redemption, the Company records a reduction of inventory and other current liabilities. Since historical information is limited for the Company to determine any potential points forfeiture and most merchandise can be redeemed without requiring a significant amount of points compared with the amount of points provided to users, the Company has used an estimated forfeiture rate of zero. For the year ended August 31, 2021 and 2020, redeemable point liability charged as selling and marketing expenses were $ 35,111 and $ nil , respectively. As of August 31, 2021 and 2020, liabilities recorded related to unredeemed points were $ 75,648 and $ 40,003 , respectively, which were included in other payables (note 8).
General and administrative expenses	General and administrative expenses General and administrative expenses consist primarily of salaries, bonuses and benefits for employees involved in general corporate functions, depreciation and amortization of fixed assets, legal and other professional services fees, rental and other general corporate related expenses.
Inventory	Inventory Inventories are stated at the lower of cost or net realizable value. Cost is calculated on the average basis and includes all costs to acquire and other costs to bring the inventories to their present location and condition. The Company records inventory write-downs for excess or obsolete inventories based upon assumptions on current and future demand forecasts. If the inventory on hand is in excess of future demand forecast, the excess amounts are written off. The Company also reviews inventory to determine whether its carrying value exceeds the net amount realizable upon the ultimate sale of the inventory. This requires the determination of the estimated selling price of the vehicles less the estimated cost to convert inventory on hand into a finished product. Once inventory is written-down, a new, lower-cost basis for that inventory is established and subsequent changes in facts and circumstances do not result in the restoration or increase in that newly established cost basis. Inventory as of August 31, 2021 represents merchandise inventory which can be redeemed by deducting membership rewards points of customer loyalty program.
Leases	Leases The Company determines if an arrangement is a lease or contains a lease at inception. Operating lease liabilities are recognized based on the present value of the remaining lease payments, discounted using the discount rate for the lease at the commencement date. As the rate implicit in the lease is not readily determinable for the operating lease, the Company generally uses an incremental borrowing rate based on information available at the commencement date to determine the present value of future lease payments. Operating lease right-of-use (“ROU assets”) assets represent the Company’s right to control the use of an identified asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. ROU assets are generally recognized based on the amount of the initial measurement of the lease liability. Lease expense is recognized on a straight-line basis over the lease term. The Company elected the package of practical expedients permitted under the transition guidance to combine the lease and non-lease components as a single lease component for operating leases associated with the Company’s office space lease, and to keep leases with an initial term of 12 months or less off the balance sheet and recognize the associated lease payments in the consolidated statements of income on a straight-line basis over the lease term. The operating lease is included in operating lease right-of-use assets, operating lease liabilities-current and operating lease liabilities-non-current on the Company’s consolidated balance sheets.
Accounts receivable	Accounts receivable Accounts receivable are stated at the original amount less an allowance for doubtful receivables, if any, based on a review of all outstanding amounts at period end. An allowance is also made when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables. The Company analyzes the aging of the customer accounts, coverage of credit insurance, customer concentrations, customer credit-worthiness, historical and current economic trends and changes in its customer payment patterns when evaluating the adequacy of the allowance for doubtful accounts.
Plant and equipment	Plant and equipment Plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational: SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES Expected useful life Furniture and fixtures 3 Office equipment 3 Leasehold improvements 3
Intangible assets	Intangible assets The Company recorded intangible assets with definite lives, including investment platform and technical know-hows. Intangible assets are recorded at cost less accumulated amortization with no residual value. Amortization of intangible assets is computed using the straight-line method over their estimated useful lives. The estimated useful lives of the Company’s intangible assets are listed below: SCHEDULE OF USEFUL LIVES OF COMPANY'S INTANGIBLE ASSETS Investment platform 5 years Technical know-hows 8 years Trademarks 10 years
Impairment of long-lived assets (including amortizable intangible assets)	Impairment of long-lived assets (including amortizable intangible assets) The Company reviews the carrying values of long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the undiscounted future net cash flows expected to be generated by the asset. If the assets are considered to be impaired, the impairment recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Impairment of $ 88,415 and $ nil has been recorded by the Company for the years ended August 31, 2021 and 2020, respectively. The impairment loss of intangible assets was primarily attributable to the financial performance of NPI’s technical know-hows fall below the Company’s original expectations and they assessed the recoverability of the carrying value of certain intangible assets which resulted in impairment losses.
Income taxes	Income taxes Income taxes are determined using an asset and liability method in accordance with the provisions of ASC Topic 740, “ Income Taxes ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts. As of August 31, 2021 and 2020, the Company has no accrued interest or penalties related to uncertain tax positions. The Company conducts businesses in the PRC, Taiwan and Hong Kong. The Company is subject to tax in these jurisdictions. As a result of its business activities, the Company will file tax returns that are subject to examination by the respective tax authorities.
Net loss per share	Net loss per share The Company calculates net income/(loss) per share in accordance with ASC Topic 260, “Earnings per Share.” SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET LOSS PER SHARE 2021 2020 Year ended August 31, 2021 2020 Net loss $ (11,693,492 ) $ (9,842,829 ) Weighted average number of shares of common stock outstanding - Basic and diluted (Note) 143,714,764 115,207,489 Net loss per share - Basic and diluted $ (0.08 ) $ (0.09 ) Note: Including 1,122,668 vested shares granted as stock compensation but not yet issued for the year ended August 31, 2021; and including 5,500,000 shares to be canceled, 593,750 shares as stock compensation and 375,000 shares to be issued to investors for the year ended August 31, 2020 (note 13). As of August 31, 2021 and 2020, the Company’s convertible notes payable were excluded from the diluted loss per share calculation as they were anti-dilutive.
Stock-based compensation	Stock-based compensation Stock-based compensation is accounted for based on the requirements of the Share-Based Payment topic of ASC Topic 718 (“ASC 718”), which requires recognition in the financial statements of the cost of employee and director services received in exchange for an award of equity instruments over the vesting period or immediately if fully vested and non-forfeitable. The Financial Accounting Standards Board (“FASB”) also requires measurement of the cost of employee and director services received in exchange for an award based on the grant-date fair value of the award. Additionally, ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting, permits the election of an accounting policy for forfeitures of share-based payment awards, either to recognize forfeitures as they occur or estimate forfeitures over the vesting period of the award. The Company has elected to recognize forfeitures as they occur. On September 1, 2019, the Company adopted ASU No. 2018-07, “Compensation—Stock Compensation (Topic 718) - Improvements to Nonemployee Share-Based Payment Accounting” (“ASU 2018-07”). Before the adoption of this guidance, the equity-classified share-based awards held by non-employees were subject to re-measurement through each vesting date. Upon the adoption of this guidance, the Company no longer re-measures equity-classified share-based awards granted to consultants or non-employees at each reporting date through the vesting date and the accounting for these share-based awards to consultants or non-employees and employees was substantially aligned. Cancellation of a share-based payment by the entity results in accelerated recognition of any unrecognized cost. Cancellation by the counterparty does not change recognition of the compensation cost. The termination of an employee that resulted in the forfeiture of share-based awards is not considered to be a cancellation of the awards.
Foreign currencies translation	Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the statements of operations. The reporting currency of the Company is United States Dollars (“US$”), which is also the Company’s functional currency. The Company’s subsidiary in Seychelles, the PRC, Taiwan and Hong Kong maintains its books and record in United States Dollars (“US$”), Renminbi (“RMB”), New Taiwanese Dollars (“NT$”) and Hong Kong Dollars (“HK$”) respectively, which are the primary currencies of the economic environment in which the entities operate (the functional currencies). In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not the US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement Translation of amounts from foreign currencies into US$ has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION As of and for the As of and for the Year-end / average HK$ : US$ 1 exchange rate 7.80 7.80 Year-end NT$ : US$ 1 exchange rate 27.66 29.37 Year-average NT$ : US$ 1 exchange rate 28.22 30.10 Year-end RMB : US$ 1 exchange rate 6.46 6.85 Year-average RMB : US$ 1 exchange rate 6.54 7.03
Related parties	Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.
Convertible instruments	Convertible instruments The Company accounts for hybrid contracts that feature conversion options in accordance with U.S. GAAP. ASC 815 “Derivatives and Hedging Activities,” (“ASC 815”) requires companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments according to certain criteria. The criteria includes 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. Conversion options that contain variable settlement features such as provisions to adjust the conversion price upon subsequent issuances of equity or equity linked securities at exercise prices more favorable than that featured in the hybrid contract generally result in their bifurcation from the host instrument. The Company accounts for convertible instruments, when the Company has determined that the embedded conversion options should not be bifurcated from their host instruments, in accordance with ASC 470-20 “Debt with Conversion and Other Options” (“ASC 470-20”). Under ASC 470-20 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. The Company accounts for convertible instruments (when the Company has determined that the embedded conversion options should be bifurcated from their host instruments) in accordance with ASC 815. Under ASC 815, a portion of the proceeds received upon the issuance of the hybrid contract are allocated to the fair value of the derivative. The derivative is subsequently marked to market at each reporting date based on current fair value, with the changes in fair value reported in results of operations.
Fair value of financial instruments	Fair value of financial instruments The carrying value of the Company’s financial instruments: cash and cash equivalents, deposits, accounts payable and accrued liabilities, balances due with directors and shareholders, convertible notes payable and bonds payable approximate at their fair values because of the short-term nature of these financial instruments or the rate of interest of these instruments approximate the market rate of interest. The Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows: Level 1 Level 2 Level 3: The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis: SCHEDULE OF FAIR VALUE HIERARCHY AND FINANCIAL ASSETS LIABILITIES Carrying Value at Fair Value Measurement at August 31, 2020 August 31, 2020 Level 1 Level 2 Level 3 Convertible notes measured at fair value $ 104,000 $ - $ - $ 104,000 Carrying Value at Fair Value Measurement at August 31, 2021 August 31, 2021 Level 1 Level 2 Level 3 Convertible notes measured at fair value $ 990,000 $ - $ - $ 990,000 A summary of changes in financial liabilities for the year ended August 31, 2021 was as follows: SCHEDULE OF CHANGE IN FINANCIAL LIABILITY Balance at September 1, 2019 $ - Issuance of convertible notes 230,000 Interest expenses on convertible notes 3,997 Interest waived on conversion of convertible notes (3,997 ) Change in fair value of convertible notes 199,000 Conversion of convertible notes (325,000 ) Balance at September 1, 2020 $ 104,000 Issuance of convertible notes 800,000 Interest paid (6,000 ) Interest expenses on convertible notes 44,908 Change in fair value of convertible notes 47,092 Balance at August 31, 2021 $ 990,000 　 Fair value of the convertible notes is determined using the binomial model using the following assumptions at inception and on subsequent valuation dates: SCHEDULE OF FAIR VALUE ASSUMPTION OF CONVERTIBLE NOTES Convertible notes holders Teh-Ling Chen Li-Ching Yang Jui-Chin Chen Teh-Ling Chen Chin-Ping Wang Chin-Nan Wang Chin-Chiang Wang Teh-Ling Chen Appraisal Date (Inception Date) February 24, 2020 February 27, 2020 March 18, 2020 November 2, 2020 November 25, 2020 January 15, 2021 Risk-free Rate 1.25 % 1.06 % 0.54 % 0.16 % 0.16 % 0.1 % Applicable Closing Stock Price $ 1.25 $ 1.25 $ 1.20 $ 0.12 $ 3.00 $ 2.00 Conversion Price $ 1.00 (i) $ 1.00 (i) $ 1.00 (i) $ 0.40 $ 0.40 $ 0.40 $ 1.50 (ii) $ 1.50 (ii) $ 1.50 (ii) Volatility 27.82 % 27.94 % 34.20 % 41.51 % 42.00 % 43.50 % Dividend Yield 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % Credit Spread 2.71 % 2.96 % 6.88 % 7.52 % 6.93 % 6.76 % Liquidity Risk Premium 42.09 % 36.26 % 51.08 % 77.62 % 78.14 % 75.73 % Appraisal Date August 31, 2020 Risk-free Rate N/A N/A 0.13 % N/A N/A N/A Applicable Closing Stock Price N/A N/A $ 1.00 N/A N/A N/A Conversion Price N/A N/A $ 0.40 N/A N/A N/A Volatility N/A N/A 43.71 % N/A N/A N/A Dividend Yield N/A N/A 0.00 % N/A N/A N/A Credit Spread N/A N/A 3.80 % N/A N/A N/A Liquidity Risk Premium N/A N/A 76.69 % N/A N/A N/A Appraisal Date August 31, 2021 August 31, 2021 August 31, 2021 August 31, 2021 Risk-free Rate N/A N/A 0.05 % 0.09 % 0.10 % 0.12 % Applicable Closing Stock Price N/A N/A $ 2.01 $ 2.01 $ 2.01 $ 2.01 Conversion Price N/A N/A $ 0.40 $ 0.40 $ 0.40 $ 0.40 Volatility N/A N/A 45.20 % 49.90 % 49.76 % 48.45 % Dividend Yield N/A N/A 0.00 % 0.00 % 0.00 % 0.00 % Credit Spread N/A N/A 3.63 % 3.63 % 3.63 % 3.63 % Liquidity Risk Premium N/A N/A 84.04 % 86.98 % 86.63 % 85.12 % (i) USD 1.00 per share if converted on or before the one-year anniversary of the issuance date (ii) USD 1.50 per share if converted at any time after the one-year anniversary of the issuance date
Segment reporting	Segment reporting ASC Topic 280, “Segment Reporting,” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s chief operating decision maker organizes segments within the company for making operating decisions assessing performance and allocating resources. Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company. Management determined that the Company’s operations constitute a single reportable segment in accordance with ASC 280. The Company operates exclusively in one business and industry segment: the provision of investment platform services through mobile application.
Recent accounting pronouncements	Recent accounting pronouncements Recently Adopted Accounting Standards In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement, which modifies the disclosure requirements for Level 1, Level 2 and Level 3 instruments in the fair value hierarchy. The guidance is effective for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years, with early adoption permitted for any eliminated or modified disclosures. The Company applied the new standard beginning September 1, 2020. Accounting Pronouncements Issued But Not Yet Adopted In January 2017, the FASB issued ASU No. 2017-04, Simplifying the Test for Goodwill Impairment. The guidance removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. A goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The guidance should be adopted on a prospective basis. As a smaller reporting company, the standard will be effective for the Company for interim and annual reporting periods beginning after December 15, 2022, with early adoption permitted. The Company is currently evaluating the impact of adopting this standard on its unaudited condensed consolidated financial statements. In May 2019, the Financial Accounting Standards Board (“FASB”) issued ASU 2019-05, which is an update to ASU Update No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for the measurement of credit losses on financial assets measured at amortized cost basis, replacing the previous incurred loss methodology. The amendments in Update 2016-13 added Topic 326, Financial Instruments—Credit Losses, and made several consequential amendments to the Codification. Update 2016-13 also modified the accounting for available-for-sale debt securities, which must be individually assessed for credit losses when fair value is less than the amortized cost basis, in accordance with Subtopic 326-30, Financial Instruments— Credit Losses—Available-for-Sale Debt Securities. The amendments in this ASU address those stakeholders’ concerns by providing an option to irrevocably elect the fair value option for certain financial assets previously measured at amortized cost basis. For those entities, the targeted transition relief will increase comparability of financial statement information by providing an option to align measurement methodologies for similar financial assets. Furthermore, the targeted transition relief also may reduce the costs for some entities to comply with the amendments in Update 2016-13 while still providing financial statement users with decision-useful information. ASU 2019-05 is effective for “smaller reporting companies” for fiscal year beginning after December 15, 2022. The Company is currently evaluating the impact of this new standard on its consolidated financial statements and related disclosures. In December 2019, the FASB issued ASU 2019-12: Simplifying the Accounting for Income Taxes (Topic 740), which removes certain exceptions to the general principles in Topic 740 and improves consistent application of and simplifies GAAP for other areas of Topic 740 by clarifying and amending existing guidance. This ASU is effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the effect of adopting this new accounting guidance but does not expect adoption will have a material impact on the Company’s consolidated financial statements and related disclosures. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”). ASU 2020-04 contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. The Company continues to evaluate the impact of the guidance and may apply the elections as applicable as changes in the market occur. In August 2020, the FASB issued ASU 2020-06, Debt - Debt with Conversion and Other Options (Subtopic 470- 20) and Derivatives and Hedging - Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity. This ASU (1) simplifies the accounting for convertible debt instruments and convertible preferred stock by removing the existing guidance in ASC 470-20, Debt: Debt with Conversion and Other Options, that requires entities to account for beneficial conversion features and cash conversion features in equity, separately from the host convertible debt or preferred stock; (2) revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments and embedded features that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification; and (3) revises the guidance in ASC 260, Earnings Per Share, to require entities to calculate diluted earnings per share (EPS) for convertible instruments by using the if-converted method. In addition, entities must presume share settlement for purposes of calculating diluted EPS when an instrument may be settled in cash or shares. For SEC filers, excluding smaller reporting companies, ASU 2020-06 is effective for fiscal years beginning after December 15, 2021 including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020. For all other entities, ASU 2020-06 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Entities should adopt the guidance as of the beginning of the fiscal year of adoption and cannot adopt the guidance in an interim reporting period. The Company is currently evaluating the impact that ASU 2020-06 may have on its consolidated financial statements and related disclosures. In May 2021, the FASB issued ASU 2021-04, Earnings Per Share (Topic 260), Debt — Modifications and Extinguishments (Subtopic 470-50), Compensation — Stock Compensation (Topic 718), and Derivatives and Hedging — Contracts in Entity’s Own Equity (Subtopic 815-40): Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options (“ASU 2021-04”). ASU 2021-04 provides guidance as to how an issuer should account for a modification of the terms or conditions or an exchange of a freestanding equity-classified written call option (i.e., a warrant) that remains classified after modification or exchange as an exchange of the original instrument for a new instrument. An issuer should measure the effect of a modification or exchange as the difference between the fair value of the modified or exchanged warrant and the fair value of that warrant immediately before modification or exchange and then apply a recognition model that comprises four categories of transactions and the corresponding accounting treatment for each category (equity issuance, debt origination, debt modification, and modifications unrelated to equity issuance and debt origination or modification). ASU 2021-04 is effective for all entities for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. An entity should apply the guidance provided in ASU 2021-04 prospectively to modifications or exchanges occurring on or after the effective date. Early adoption is permitted for all entities, including adoption in an interim period. If an entity elects to early adopt ASU 2021-04 in an interim period, the guidance should be applied as of the beginning of the fiscal year that includes that interim period. The adoption of ASU 2021-04 is not expected to have any impact on the Company’s consolidated financial statement presentation or disclosures. Except for the above-mentioned pronouncements, there are no new recent issued accounting standards that will have material impact on the consolidated financial position, statements of operations and cash flows.

ORGANIZATION AND BUSINESS BAC_2

ORGANIZATION AND BUSINESS BACKGROUND (Tables)	12 Months Ended
	Aug. 31, 2021
Accounting Policies [Abstract]
SCHEDULE OF SUBSIDIARIES OF COMPANY	The Company mainly engages in the provision of investment platform services with the use of a mobile application through the following subsidiaries: SCHEDULE OF SUBSIDIARIES OF COMPANY Company name Place/date of incorporation Principal activities 1. Leader Financial Group Limited (“LFG”) Seychelles / March 6, 2017 Investment Holding 2. JFB Internet Service Limited (“JFB”) Hong Kong / July 6, 2017 Provide an Investment platform Company name Place/date of incorporation Principal activities 1. LOC Weibo Co., Ltd. (“LOC”) Republic of China/September 29, 2017 Development of ecological-systems applications, integration of big data and promotion of OTT applications 2. Beijing DataComm Cloud Media Technology Co., Ltd. (“BJDC”) People’s Republic of China /April 16, 2013 Development of ecological-systems applications, integration of big data and promotion of OTT applications

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Aug. 31, 2021
Accounting Policies [Abstract]
SCHEDULE OF REVENUE BY MAJOR PRODUCT LINE	SCHEDULE OF REVENUE BY MAJOR PRODUCT LINE Year ended August 31, 2021 2020 Provision of investment platform services $ 19,606 $ 6,667 Provision of software development service and maintenance service 75,560 - $ 95,166 $ 6,667
SCHEDULE OF REVENUE BY RECOGNITION OVER TIME VS POINT IN TIME	SCHEDULE OF REVENUE BY RECOGNITION OVER TIME VS POINT IN TIME Year ended August 31, 2021 2020 Revenue by recognition over time $ 95,166 $ 6,667 Revenue by recognition at a point in time - - $ 95,166 $ 6,667
SCHEDULE OF CONTRACT LIABILITIES	The Company’s contract liabilities consist of receipts in advance for software development and FinMaster App. Below is the summary presenting the movement of the Company’s contract liabilities for the year ended August 31, 2021: SCHEDULE OF CONTRACT LIABILITIES Receipt in advance August 31, 2021 August 31, 2020 Balance as of September 1 $ 2,896 $ - Advances received from customers related to unsatisfied performance obligations 15,903 2,826 Revenue recognized from beginning contract liability balance (3,014 ) - Exchange difference 440 70 Balance as of August 31 $ 16,225 $ 2,896
SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES	SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES Expected useful life Furniture and fixtures 3 Office equipment 3 Leasehold improvements 3
SCHEDULE OF USEFUL LIVES OF COMPANY'S INTANGIBLE ASSETS	The estimated useful lives of the Company’s intangible assets are listed below: SCHEDULE OF USEFUL LIVES OF COMPANY'S INTANGIBLE ASSETS Investment platform 5 years Technical know-hows 8 years Trademarks 10 years
SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET LOSS PER SHARE	SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET LOSS PER SHARE 2021 2020 Year ended August 31, 2021 2020 Net loss $ (11,693,492 ) $ (9,842,829 ) Weighted average number of shares of common stock outstanding - Basic and diluted (Note) 143,714,764 115,207,489 Net loss per share - Basic and diluted $ (0.08 ) $ (0.09 )
SCHEDULE OF FOREIGN CURRENCY TRANSLATION	Translation of amounts from foreign currencies into US$ has been made at the following exchange rates for the respective periods: SCHEDULE OF FOREIGN CURRENCY TRANSLATION As of and for the As of and for the Year-end / average HK$ : US$ 1 exchange rate 7.80 7.80 Year-end NT$ : US$ 1 exchange rate 27.66 29.37 Year-average NT$ : US$ 1 exchange rate 28.22 30.10 Year-end RMB : US$ 1 exchange rate 6.46 6.85 Year-average RMB : US$ 1 exchange rate 6.54 7.03
SCHEDULE OF FAIR VALUE HIERARCHY AND FINANCIAL ASSETS LIABILITIES	The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis: SCHEDULE OF FAIR VALUE HIERARCHY AND FINANCIAL ASSETS LIABILITIES Carrying Value at Fair Value Measurement at August 31, 2020 August 31, 2020 Level 1 Level 2 Level 3 Convertible notes measured at fair value $ 104,000 $ - $ - $ 104,000 Carrying Value at Fair Value Measurement at August 31, 2021 August 31, 2021 Level 1 Level 2 Level 3 Convertible notes measured at fair value $ 990,000 $ - $ - $ 990,000
SCHEDULE OF CHANGE IN FINANCIAL LIABILITY	A summary of changes in financial liabilities for the year ended August 31, 2021 was as follows: SCHEDULE OF CHANGE IN FINANCIAL LIABILITY Balance at September 1, 2019 $ - Issuance of convertible notes 230,000 Interest expenses on convertible notes 3,997 Interest waived on conversion of convertible notes (3,997 ) Change in fair value of convertible notes 199,000 Conversion of convertible notes (325,000 ) Balance at September 1, 2020 $ 104,000 Issuance of convertible notes 800,000 Interest paid (6,000 ) Interest expenses on convertible notes 44,908 Change in fair value of convertible notes 47,092 Balance at August 31, 2021 $ 990,000
SCHEDULE OF FAIR VALUE ASSUMPTION OF CONVERTIBLE NOTES	Fair value of the convertible notes is determined using the binomial model using the following assumptions at inception and on subsequent valuation dates: SCHEDULE OF FAIR VALUE ASSUMPTION OF CONVERTIBLE NOTES Convertible notes holders Teh-Ling Chen Li-Ching Yang Jui-Chin Chen Teh-Ling Chen Chin-Ping Wang Chin-Nan Wang Chin-Chiang Wang Teh-Ling Chen Appraisal Date (Inception Date) February 24, 2020 February 27, 2020 March 18, 2020 November 2, 2020 November 25, 2020 January 15, 2021 Risk-free Rate 1.25 % 1.06 % 0.54 % 0.16 % 0.16 % 0.1 % Applicable Closing Stock Price $ 1.25 $ 1.25 $ 1.20 $ 0.12 $ 3.00 $ 2.00 Conversion Price $ 1.00 (i) $ 1.00 (i) $ 1.00 (i) $ 0.40 $ 0.40 $ 0.40 $ 1.50 (ii) $ 1.50 (ii) $ 1.50 (ii) Volatility 27.82 % 27.94 % 34.20 % 41.51 % 42.00 % 43.50 % Dividend Yield 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % 0.00 % Credit Spread 2.71 % 2.96 % 6.88 % 7.52 % 6.93 % 6.76 % Liquidity Risk Premium 42.09 % 36.26 % 51.08 % 77.62 % 78.14 % 75.73 % Appraisal Date August 31, 2020 Risk-free Rate N/A N/A 0.13 % N/A N/A N/A Applicable Closing Stock Price N/A N/A $ 1.00 N/A N/A N/A Conversion Price N/A N/A $ 0.40 N/A N/A N/A Volatility N/A N/A 43.71 % N/A N/A N/A Dividend Yield N/A N/A 0.00 % N/A N/A N/A Credit Spread N/A N/A 3.80 % N/A N/A N/A Liquidity Risk Premium N/A N/A 76.69 % N/A N/A N/A Appraisal Date August 31, 2021 August 31, 2021 August 31, 2021 August 31, 2021 Risk-free Rate N/A N/A 0.05 % 0.09 % 0.10 % 0.12 % Applicable Closing Stock Price N/A N/A $ 2.01 $ 2.01 $ 2.01 $ 2.01 Conversion Price N/A N/A $ 0.40 $ 0.40 $ 0.40 $ 0.40 Volatility N/A N/A 45.20 % 49.90 % 49.76 % 48.45 % Dividend Yield N/A N/A 0.00 % 0.00 % 0.00 % 0.00 % Credit Spread N/A N/A 3.63 % 3.63 % 3.63 % 3.63 % Liquidity Risk Premium N/A N/A 84.04 % 86.98 % 86.63 % 85.12 % (i) USD 1.00 per share if converted on or before the one-year anniversary of the issuance date (ii) USD 1.50 per share if converted at any time after the one-year anniversary of the issuance date

ACQUISITION OF SUBSIDIARIES (Ta

ACQUISITION OF SUBSIDIARIES (Tables)	12 Months Ended
	Aug. 31, 2021
Business Combination and Asset Acquisition [Abstract]
SUMMARY OF FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED	SUMMARY OF FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED Cash and cash equivalents $ 185,117 Prepayments, deposits and other receivables 145,228 Due from a shareholder 34,048 Right-of-use operating lease assets 113,590 Plant and equipment, net 30,365 Intangible assets- Technical know-hows 818,200 Goodwill 2,974,364 Other payables and accrued liabilities (383,087 ) Contract liabilities (2,896 ) Due to shareholders (99,730 ) Operating lease liability (113,646 ) Tax payable (31,871 ) Deferred tax liabilities (163,640 ) Net purchase price $ 3,506,042 Less: Outstanding NPI debt owed to the Company Accounts receivable 989,854 Notes payable (3,066,617 ) Aggregate fair values of the assets acquired and liabilities assumed $ 1,429,279
Schedule Of Movement Of Goodwill	The movement of the goodwill for the years ended August 31, 2021 and 2020 are as follows: Schedule Of Movement Of Goodwill Balance as of September 1, 2019 $ - Acquisition of NPI 2,974,364 Balance as of August 31, 2020 $ 2,974,364 Impairment of goodwill in relation to NPI (1,226,419 ) Balance as of August 31, 2021 $ 1,747,945

PLANT AND EQUIPMENT, NET (Table

PLANT AND EQUIPMENT, NET (Tables)	12 Months Ended
	Aug. 31, 2021
Property, Plant and Equipment [Abstract]
SCHEDULE OF PLANT AND EQUIPMENT, NET	Plant and equipment as of August 31, 2021 and 2020 are summarized below: SCHEDULE OF PLANT AND EQUIPMENT, NET 2021 2020 As of August 31, 2021 2020 Furniture and fixtures $ 64,791 $ 20,159 Office equipment 32,038 65,809 Leasehold improvements 83,883 18,832 Total 180,712 104,800 Less: Accumulated depreciation (110,952 ) (71,133 ) Plant and equipment, net $ 69,760 $ 33,667

INTANGIBLE ASSETS, NET (Tables)

INTANGIBLE ASSETS, NET (Tables)	12 Months Ended
	Aug. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	Intangible assets, net, as of August 31, 2021 and 2020 consisted of the following: SCHEDULE OF INTANGIBLE ASSETS 2021 2020 As of August 31, 2021 2020 Investment platform (a) $ 30,000 $ 30,000 Technical know-hows (Note 3) 818,200 818,200 Trademarks 3,483 - Total 851,683 848,200 Less: Accumulated amortization (108,959 ) (6,500 ) Impairment (111,915 ) (23,500 ) Intangible assets, net $ 630,809 $ 818,200
SCHEDULE OF AMORTIZATION EXPENSES RELATED TO INTANGIBLE ASSETS	As of August 31, 2021, amortization expenses related to intangible assets for future periods are estimated to be as follows: SCHEDULE OF AMORTIZATION EXPENSES RELATED TO INTANGIBLE ASSETS 12 months ending August 31, 2022 $ 89,993 2023 89,993 2024 89,993 2025 89,993 2026 and thereafter 270,837 Total $ 630,809

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Aug. 31, 2021
Related Party Transactions [Abstract]
SCHEDULE OF RELATED PARTY TRANSACTIONS	SCHEDULE OF RELATED PARTY TRANSACTIONS Year ended August 31, 2021 2020 Professional fee - Greenpro Financial Consulting Limited (a) $ - $ 21,753 Computer and networking - LOC (note 2) - 1,000,000 Rental expense (b) 19,135 - Other income: Other income from Greenpro LF Limited(c) 1,838 - Note interest income from LOC (d) - 92,395 Note interest income from BJDC (d) - 45,231 (a) The directors of Greenpro Financial Consulting Limited (Mr. Lee Chong Kuang and Mr. Loke Che Chan) are also the directors of the investment managers of Greenpro Asia Strategic SPC, a 4.75 % shareholder of the Company. This fee is due for payment to Greenpro Financial Consulting Limited upon receipt of an invoice. (a) The directors of Greenpro Financial Consulting Limited (Mr. Lee Chong Kuang and Mr. Loke Che Chan) are also the directors of the investment managers of Greenpro Asia Strategic SPC, a 4.75% shareholder of the Company. This fee is due for payment to Greenpro Financial Consulting Limited upon receipt of an invoice. Greenpro Financial Consulting Limited provides services to the Company and the Company incurred professional fees $nil and $21,753 for the year ended August 31, 2021 and 2020, respectively. There is no accrued amount as of August 31, 2021 and 2020. Greenpro Financial Consulting Limited provides services to the Company and the Company incurred professional fees $ nil and $ 21,753 for the year ended August 31, 2021 and 2020, respectively. There is no accrued amount as of August 31, 2021 and 2020. (b) On September 1, 2020, LOC leased an office in Taichung, Taiwan from the Company’s shareholder. The lease was renewed on April 1, 2021 for additional one-year term. The monthly lease was for the amount of NTD 45,000 ($ 1,595 ), with a term of one year. During the year ended August 31, 2021, the Company recognized rental expenses of $ 19,135 that are included in general and administrative expenses. (c) Greenpro LF Limited, a Seychelles company, owned by Mr. Lin Yi-Hsiu, a director of the Company and Mr. Lee Chong Kuang. (d) From April 2019, the Company entered into multiple loan agreements with LOC and loaned LOC a total amount of $ 2,164,082 as of August 31, 2020. The loans are secured by personal guarantees of certain of its ultimate shareholders, bear interest at 8% per annum, and are due on various dates through August 2021. Interest totaled $137,626 was charged by these two companies for the year ended August 31, 2020. (d) From April 2019, the Company entered into multiple loan agreements with LOC and loaned LOC a total amount of $ 2,164,082 as of August 31, 2020. The loans are secured by personal guarantees of certain of its ultimate shareholders, bear interest at 8 % per annum, and are due on various dates through August 2021. From May 2019, the Company entered into multiple short-term loan agreements with BJDC and loaned this company a total amount of $ 841,763 as of August 31, 2020. The loans are secured by personal guarantees of certain of its ultimate shareholders, bear interest at 8 % per annum, and are due on various dates through August 2021. Interest totaled $ 137,626 was charged to these two companies for the year ended August 31, 2020.

PREPAYMENTS, DEPOSITS AND OTH_2

PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES (Tables)	12 Months Ended
	Aug. 31, 2021
Prepayments Deposits And Other Receivables
SCHEDULE OF PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES	SCHEDULE OF PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES 2021 2020 As of August 31, 2021 2020 Rental and management fee deposits $ 120,831 $ 137,088 Other prepaid expenses 194,040 81,108 Staff advances - 2,970 Other taxes recoverable 19,183 Prepayments, deposits and other receivables 334,054 221,166 Less: non-current portion Rental and management fee deposits 54,204 - Other prepaid expenses 48,135 - Prepayments, deposits and other receivables, non-current 102,339 - Prepayments, deposits and other receivables, current $ 231,715 $ 221,166

ACCRUED EXPENSES AND OTHER PA_2

ACCRUED EXPENSES AND OTHER PAYABLES (Tables)	12 Months Ended
	Aug. 31, 2021
Payables and Accruals [Abstract]
SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES	SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES 2021 2020 As of August 31, 2021 2020 Accrued interests (Notes 9, 10 and 11) $ 2,935 $ 6,191 Accrued expenses 295,686 240,172 Unearned income - 2,222 Other taxes payable - 31,871 Other payable 75,648 43,661 Accrued expenses and other payables $ 374,269 $ 324,117

DUE FROM (TO) SHAREHOLDERS, D_2

DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY (Tables)	12 Months Ended
	Aug. 31, 2021
Due From To Shareholders Directors And Related Company
SCHEDULE OF DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY	SCHEDULE OF DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY As of August 31, As of August 31, 2021 2020 Loan to Cheng Hung-Pin (a shareholder) $ - $ 34,048 Due from a director: Cheng Shui-Fung $ - $ 189,474 Due from a related company: Greenpro LF Limited $ - $ 36,666 Due to a director: Lin Yi-Hsiu $ 1,098,374 $ 1,400,459 Loan from Hsu Kuo-Hsun (a shareholder) $ - $ 60,075 Due to shareholders: Tu Yu-Cheng $ 50,591 $ 96,530 Cheng Hung-Pin 800 800 Huang Mei-Ying 800 800 Lo Shih-Chu 800 800 Chen Jun-Yuan 800 800 $ 53,791 $ 99,730

CONVERTIBLE NOTES PAYABLE TO _2

CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES (Tables)	12 Months Ended
	Aug. 31, 2021
Convertible Notes Payable To Related Parties
SCHEDULE OF CONVERTIBLE NOTES PAYABLE	SCHEDULE OF CONVERTIBLE NOTES PAYABLE Investor Principal amount Issue date Maturity date Interest rate Teh-Ling Chen $ 110,000 February 24, 2020 February 24, 2022 6 % Li-Ching Yang 20,000 February 27, 2020 February 27, 2022 6 % Jui-Chin Chen 100,000 March 18, 2020 March 18, 2022 6 % Teh-Ling Chen 100,000 November 2, 2020 November 2, 2022 6 % Chin-Ping Wang 200,000 November 25, 2020 November 25, 2022 6 % Chin-Nan Wang 200,000 November 25, 2020 November 25, 2022 6 % Chin-Chiang Wang 200,000 November 25, 2020 November 25, 2022 6 % Teh-Ling Chen 100,000 January 15, 2021 January 15, 2023 6 % $ 1,030,000

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Aug. 31, 2021
Income Tax Disclosure [Abstract]
SCHEDULE OF INCOME/(LOSS) BEFORE INCOME TAXES	For the years ended August 31, 2021 and 2020, the local (United States) and foreign components of loss before income tax were comprised of the following: SCHEDULE OF INCOME/(LOSS) BEFORE INCOME TAXES Year ended August 31, 2021 2020 Tax jurisdictions from: - Local $ (5,200,428 ) $ (6,387,031 ) - Foreign, representing Seychelles (1,610 ) (1,603 ) British Virgin Islands (89,403 ) - Taiwan (3,077,725 ) 76,245 PRC (594,153 ) - Hong Kong (2,768,311 ) (3,530,440 ) Loss before income tax $ (11,731,630 ) $ (9,842,829 )
SCHEDULE OF COMPONENTS OF PROVISION BENEFIT FOR INCOME TAXES	The components of the provision for income taxes benefits are: SCHEDULE OF COMPONENTS OF PROVISION BENEFIT FOR INCOME TAXES Year ended August 31, 2021 2020 Current $ - $ - Deferred (38,138 ) - Total income tax benefits $ (38,138 ) $ -
SCHEDULE OF PROVISION FOR INCOME TAXES	The provision for income taxes consisted of the following: SCHEDULE OF PROVISION FOR INCOME TAXES Year ended August 31, 2021 2020 Loss before income taxes $ (11,731,630 ) $ (9,842,829 ) Statutory income tax rate 21 % 21 % Income tax credit computed at statutory income rate (2,463,642 ) (2,066,994 ) Reconciling items: Non-deductible expenses 413,599 1,980 Share-based payments 1,378,279 1,693,125 Tax effect of tax exempt entity 19,113 337 Rate differential in different tax jurisdictions 18,838 158,107 Valuation allowance on deferred tax assets 595,675 213,445 Income tax benefits $ (38,138 ) $ -
SCHEDULE OF DEFERRED TAX ASSETS	SCHEDULE OF DEFERRED TAX ASSETS As of August 31, 2021 2020 Deferred tax assets: Net operating loss carryforwards – United States of America $ (469,843 ) $ (339,334 ) – Taiwan (618,141 ) (81,803 ) – PRC (457,802 ) (309,264 ) – Hong Kong (469,186 ) (357,545 ) Less: valuation allowance 2,014,972 1,087,946 $ - $ - Deferred tax liabilities: Intangible assets- Technical know-hows $ 125,502 $ 163,640

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Aug. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
SCHEDULE OF OPERATING LEASE MINIMUM RENT PAYMENTS	The following table lists the future minimal payments to be paid by the Company under a non-cancellable operating lease for office space in Taiwan with an initial term of one-year as of August 31, 2021: SCHEDULE OF OPERATING LEASE MINIMUM RENT PAYMENTS Year ending August 31, 2022 $ 11,388 2023 - 2024 - 2025 - 2026 - Thereafter - Present value of lease liabilities $ 11,388
SCHEDULE OF COMPONENTS OF LEASE COSTS, LEASE TERM AND DISCOUNT RATE	The components of lease costs, lease term and discount rate with respect of leases with an initial term of at least 12 months are as follows: SCHEDULE OF COMPONENTS OF LEASE COSTS, LEASE TERM AND DISCOUNT RATE For the year ended August 31, 2021 2020 Operating lease cost – classified as general and administrative expenses $ 292,567 $ 128,580 Weighted Average Remaining Lease Term – Operating leases 0.95 years 1.30 years Weighted Average Discounting Rate – Operating leases 4.20 % 5.53 %
SCHEDULE OF MATURITIES OF LEASE LIABILITIES	The following is a schedule, by years, of maturities of lease liabilities as of August 31, 2021: SCHEDULE OF MATURITIES OF LEASE LIABILITIES Operating leases 2022 $ 286,843 2023 89,857 2024 - 2025 - 2026 - Thereafter - Total undiscounted cash flows 376,700 Less: imputed interest (24,345 ) Present value of lease liabilities $ 352,355

SCHEDULE OF SUBSIDIARIES OF COM

SCHEDULE OF SUBSIDIARIES OF COMPANY (Details)	12 Months Ended
	Aug. 31, 2021
LOC Weibo Co., Ltd [Member]
Parent Entity Legal Name	LOC Weibo Co., Ltd. (“LOC”)
[custom:EntityIncorporationStateCountryNameAndDate]	Republic of China/September 29, 2017
Equity Method Investment, Description of Principal Activities	Development of ecological-systems applications, integration of big data and promotion of OTT applications
Beijing DataComm Cloud Media Technology Co., Ltd. [Member]
Parent Entity Legal Name	Beijing DataComm Cloud Media Technology Co., Ltd. (“BJDC”)
[custom:EntityIncorporationStateCountryNameAndDate]	People’s Republic of China /April 16, 2013
Equity Method Investment, Description of Principal Activities	Development of ecological-systems applications, integration of big data and promotion of OTT applications
Leader Financial Group Limited [Member]
Parent Entity Legal Name	Leader Financial Group Limited (“LFG”)
[custom:EntityIncorporationStateCountryNameAndDate]	Seychelles / March 6, 2017
Equity Method Investment, Description of Principal Activities	Investment Holding
JFB Internet Service Limited [Member]
Parent Entity Legal Name	JFB Internet Service Limited (“JFB”)
[custom:EntityIncorporationStateCountryNameAndDate]	Hong Kong / July 6, 2017
Equity Method Investment, Description of Principal Activities	Provide an Investment platform

ORGANIZATION AND BUSINESS BAC_3

ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative) - NPI [Member] - USD ($)	Aug. 17, 2020	Aug. 31, 2020
Restructuring Cost and Reserve [Line Items]
Equity Method Investment, Ownership Percentage	100.00%
Business Combination, Consideration Transferred	$ 4,850,000
Business Acquisitions, Purchase Price Allocation, Year of Acquisition, Net Effect on Income	$ 3,506,042
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	8,415,111	8,415,111

SCHEDULE OF REVENUE BY MAJOR PR

SCHEDULE OF REVENUE BY MAJOR PRODUCT LINE (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 95,166	$ 6,667
Investment PlatForm Services [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	19,606	6,667
Software Development Service And Maintenance Service [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 75,560

SCHEDULE OF REVENUE BY RECOGNIT

SCHEDULE OF REVENUE BY RECOGNITION OVER TIME VS POINT IN TIME (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 95,166	$ 6,667
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	95,166	6,667
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax

SCHEDULE OF CONTRACT LIABILITIE

SCHEDULE OF CONTRACT LIABILITIES (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Accounting Policies [Abstract]
Balance as of September 1	$ 2,896
Advances received from customers related to unsatisfied performance obligations	15,903	2,826
Revenue recognized from beginning contract liability balance	(3,014)
Exchange difference	440	70
Balance as of August 31	$ 16,225	$ 2,896

SCHEDULE OF PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT USEFUL LIVES (Details)	12 Months Ended
	Aug. 31, 2021
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years

SCHEDULE OF USEFUL LIVES OF COM

SCHEDULE OF USEFUL LIVES OF COMPANY'S INTANGIBLE ASSETS (Details)	12 Months Ended
	Aug. 31, 2021
Investment Platform [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	5 years
Technical Know-Hows [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	8 years
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years

SCHEDULE OF RECONCILIATION OF B

SCHEDULE OF RECONCILIATION OF BASIC AND DILUTED NET LOSS PER SHARE (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Accounting Policies [Abstract]
Net loss	$ (11,693,492)	$ (9,842,829)
Weighted average number of shares of common stock outstanding - Basic and diluted (Note)	143,714,764	115,207,489
Net loss per share - Basic and diluted	$ (0.08)	$ (0.09)

SCHEDULE OF FOREIGN CURRENCY TR

SCHEDULE OF FOREIGN CURRENCY TRANSLATION (Details)	Aug. 31, 2021	Aug. 31, 2020
Year-End/Average HK [Member]
Offsetting Assets [Line Items]
Foreign Currency Exchange Rate, Translation	0.0780	0.0780
Year-end NT [Member]
Offsetting Assets [Line Items]
Foreign Currency Exchange Rate, Translation	0.2766	0.2937
Year-average NT [Member]
Offsetting Assets [Line Items]
Foreign Currency Exchange Rate, Translation	0.2822	0.3010
Year-end RMB [Member]
Offsetting Assets [Line Items]
Foreign Currency Exchange Rate, Translation	0.0646	0.0685
Year-average RMB [Member]
Offsetting Assets [Line Items]
Foreign Currency Exchange Rate, Translation	0.0654	0.0703

SCHEDULE OF FAIR VALUE HIERARCH

SCHEDULE OF FAIR VALUE HIERARCHY AND FINANCIAL ASSETS LIABILITIES (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Convertible Debt, Fair Value Disclosures	$ 990,000	$ 104,000
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Debt, Fair Value Disclosures
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Debt, Fair Value Disclosures
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Debt, Fair Value Disclosures	$ 990,000	$ 104,000

SCHEDULE OF CHANGE IN FINANCIAL

SCHEDULE OF CHANGE IN FINANCIAL LIABILITY (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Accounting Policies [Abstract]
Convertible Debt, Fair Value Disclosures	$ 104,000
Proceeds from Convertible Debt	800,000	230,000
Interest expenses on convertible notes	44,908	3,997
[custom:InterestWaivedInConversionOfConvertibleNotes]		(3,997)
[custom:ChangeInFairValueOfConvertibleNotes]	47,092	199,000
[custom:ConversionOfConvertibleNotes]		(325,000)
[custom:InterestpaidOnConvertibleNotes]	(6,000)
Convertible Debt, Fair Value Disclosures	$ 990,000	$ 104,000

SCHEDULE OF FAIR VALUE ASSUMPTI

SCHEDULE OF FAIR VALUE ASSUMPTION OF CONVERTIBLE NOTES (Details)		Aug. 31, 2021$ / shares	Jan. 15, 2021$ / shares	Nov. 25, 2020$ / shares	Nov. 02, 2020$ / shares	Aug. 31, 2020$ / shares	Aug. 18, 2020$ / shares	Mar. 18, 2020$ / shares		Feb. 27, 2020$ / shares	Feb. 24, 2020$ / shares
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Convertible, Conversion Price							$ 0.40
Teh-Ling Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity Date											Feb. 24, 2020
[custom:ApplicableClosingStockPrice-0]											$ 1.25
Debt Instrument, Convertible, Conversion Price	[1]										1
[custom:DebtInstrumentConvertibleConversionPrice2-0]	[2]										$ 1.50
Teh-Ling Chen [Member] | Measurement Input, Risk Free Interest Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input											1.25
Teh-Ling Chen [Member] | Measurement Input, Price Volatility [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input											27.82
Teh-Ling Chen [Member] | Measurement Input, Expected Dividend Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input											0
Teh-Ling Chen [Member] | Credit Spread [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input											2.71
Teh-Ling Chen [Member] | Liquidity Risk Premium [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input											42.09
Li Ching Yang [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity Date										Feb. 27, 2020
[custom:ApplicableClosingStockPrice-0]										$ 1.25
Debt Instrument, Convertible, Conversion Price	[1]									1
[custom:DebtInstrumentConvertibleConversionPrice2-0]	[2]									$ 1.50
Li Ching Yang [Member] | Measurement Input, Risk Free Interest Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input										1.06
Li Ching Yang [Member] | Measurement Input, Price Volatility [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input										27.94
Li Ching Yang [Member] | Measurement Input, Expected Dividend Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input										0
Li Ching Yang [Member] | Credit Spread [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input										2.96
Li Ching Yang [Member] | Liquidity Risk Premium [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input										36.26
Jui-Chin Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity Date		Aug. 31, 2021				Aug. 31, 2020		Mar. 18, 2020
[custom:ApplicableClosingStockPrice-0]		$ 2.01				$ 1		$ 1.20
Debt Instrument, Convertible, Conversion Price		$ 0.40				$ 0.40		1	[1]
[custom:DebtInstrumentConvertibleConversionPrice2-0]	[2]							$ 1.50
Jui-Chin Chen [Member] | Measurement Input, Risk Free Interest Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0.05				0.13		0.54
Jui-Chin Chen [Member] | Measurement Input, Price Volatility [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		45.20				43.71		34.20
Jui-Chin Chen [Member] | Measurement Input, Expected Dividend Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0				0		0
Jui-Chin Chen [Member] | Credit Spread [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		3.63				3.80		6.88
Jui-Chin Chen [Member] | Liquidity Risk Premium [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		84.04				76.69		51.08
Teh Ling Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity Date		Aug. 31, 2021			Nov. 2, 2020
[custom:ApplicableClosingStockPrice-0]		$ 2.01			$ 0.12
Debt Instrument, Convertible, Conversion Price		$ 0.40			$ 0.40
Teh Ling Chen [Member] | Measurement Input, Risk Free Interest Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0.09			0.16
Teh Ling Chen [Member] | Measurement Input, Price Volatility [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		49.90			41.51
Teh Ling Chen [Member] | Measurement Input, Expected Dividend Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0			0
Teh Ling Chen [Member] | Credit Spread [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		3.63			7.52
Teh Ling Chen [Member] | Liquidity Risk Premium [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		86.98			77.62
Chin Ping Wang Chin Nan Wang Chin Chiang Wang [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity Date		Aug. 31, 2021		Nov. 25, 2020
[custom:ApplicableClosingStockPrice-0]		$ 2.01		$ 3
Debt Instrument, Convertible, Conversion Price		$ 0.40		$ 0.40
Chin Ping Wang Chin Nan Wang Chin Chiang Wang [Member] | Measurement Input, Risk Free Interest Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0.10		0.16
Chin Ping Wang Chin Nan Wang Chin Chiang Wang [Member] | Measurement Input, Price Volatility [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		49.76		42
Chin Ping Wang Chin Nan Wang Chin Chiang Wang [Member] | Measurement Input, Expected Dividend Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0		0
Chin Ping Wang Chin Nan Wang Chin Chiang Wang [Member] | Credit Spread [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		3.63		6.93
Chin Ping Wang Chin Nan Wang Chin Chiang Wang [Member] | Liquidity Risk Premium [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		86.63		78.14
Teh Ling Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Maturity Date		Aug. 31, 2021	Jan. 15, 2021
[custom:ApplicableClosingStockPrice-0]		$ 2.01	$ 2
Debt Instrument, Convertible, Conversion Price		$ 0.40	$ 0.40
Teh Ling Chen [Member] | Measurement Input, Risk Free Interest Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0.12	0.1
Teh Ling Chen [Member] | Measurement Input, Price Volatility [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		48.45	43.50
Teh Ling Chen [Member] | Measurement Input, Expected Dividend Rate [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		0	0
Teh Ling Chen [Member] | Credit Spread [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		3.63	6.76
Teh Ling Chen [Member] | Liquidity Risk Premium [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Securities, Available-for-sale, Measurement Input		85.12	75.73
[1]	USD
[2]	per share if converted on or before the one-year anniversary of the issuance date

SCHEDULE OF FAIR VALUE ASSUMP_2

SCHEDULE OF FAIR VALUE ASSUMPTION OF CONVERTIBLE NOTES (Details) (Parenthetical) - $ / shares	Aug. 31, 2021	Aug. 31, 2020	Aug. 18, 2020	Mar. 18, 2020	[1]
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Convertible, Conversion Price			$ 0.40
Jui-Chin Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Convertible, Conversion Price	$ 0.40	$ 0.40		$ 1
Jui-Chin Chen [Member] | Before One-year Anniversary [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Convertible, Conversion Price	1
Jui-Chin Chen [Member] | After One-year Anniversary [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Convertible, Conversion Price	$ 1.50
[1]	USD

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	Sep. 02, 2018USD ($)	Sep. 02, 2018TWD ($)	Aug. 31, 2021USD ($)shares	Aug. 31, 2020USD ($)shares	Aug. 31, 2019USD ($)$ / sharesshares
Property, Plant and Equipment [Line Items]
Retained Earnings (Accumulated Deficit)			$ 23,001,067	$ 11,307,575
[custom:WorkingCapitalDeficit-0]			1,521,119
Goodwill, Impairment Loss			1,226,419
General and Administrative Expense			9,702,342	9,736,502
Revenue, Remaining Performance Obligation, Amount			16,225
Research and Development Expense			602,118
Advertising Expense			168,535
[custom:LiabilitiesUnredeemed-0]			$ 75,648	40,003
Lessor, Operating Lease, Term of Contract			12 months
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)			$ 88,415	0
[custom:PercentageOfLikelihoodDescription]			Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued				$ 0
[custom:SharesGrantedAndVestedButNotYetIssued] | shares			1,122,668
Investors [Member]
Property, Plant and Equipment [Line Items]
Stock Repurchased During Period, Shares | shares				5,500,000
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture | shares				593,750
Stock Issued During Period, Shares, New Issues | shares				375,000
Selling and Marketing Expense [Member]
Property, Plant and Equipment [Line Items]
[custom:RedeemableLiabilities-0]			$ 35,111
Acquisition Ownership of Intellectual Property [Member]
Property, Plant and Equipment [Line Items]
[custom:IncurredDevelopmentAmount]				$ 200,000
Additional Functions Developed [Member]
Property, Plant and Equipment [Line Items]
[custom:IncurredDevelopmentAmount]				600,000
Software Development [Member]
Property, Plant and Equipment [Line Items]
General and Administrative Expense				$ 200,000
LOC Weibo Co., Ltd [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Consideration Transferred	$ 651,466	$ 20,000,000
LOC Weibo Co., Ltd [Member] | First and Second Development Stage [Member]
Property, Plant and Equipment [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares					908,678
Shares Issued, Price Per Share | $ / shares					$ 0.50
LOC Weibo Co., Ltd [Member] | Development Stage [Member]
Property, Plant and Equipment [Line Items]
Development Costs, Period Cost					$ 454,339

SUMMARY OF FAIR VALUES OF ASSET

SUMMARY OF FAIR VALUES OF ASSETS ACQUIRED AND LIABILITIES ASSUMED (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020	Aug. 31, 2019
Business Acquisition [Line Items]
Goodwill	$ 1,747,945	$ 2,974,364
NPI [Member]
Business Acquisition [Line Items]
Cash and cash equivalents	185,117
Prepayments, deposits and other receivables	145,228
Due from a shareholder	34,048
Right-of-use operating lease assets	113,590
Plant and equipment, net	30,365
Intangible assets- Technical know-hows	818,200
Goodwill	2,974,364
Other payables and accrued liabilities	(383,087)
Contract liabilities	(2,896)
Due to shareholders	(99,730)
Operating lease liability	(113,646)
Tax payable	(31,871)
Deferred tax liabilities	(163,640)
Net purchase price	3,506,042
Accounts receivable	989,854
Notes payable	(3,066,617)
Aggregate fair values of the assets acquired and liabilities assumed	$ 1,429,279

Schedule Of Movement Of Goodwil

Schedule Of Movement Of Goodwill (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Business Combination and Asset Acquisition [Abstract]
Beginning balance	$ 2,974,364
Acquisition of NPI		2,974,364
Impairment of goodwill	(1,226,419)
Ending balance	$ 1,747,945	$ 2,974,364

ACQUISITION OF SUBSIDIARIES (De

ACQUISITION OF SUBSIDIARIES (Details Narrative) - USD ($)	Aug. 17, 2020	Aug. 31, 2020	Aug. 31, 2021	Aug. 31, 2019
Business Acquisition [Line Items]
Goodwill		$ 2,974,364	$ 1,747,945
Goodwill and Intangible Asset Impairment			1,226,419
NPI [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	$ 4,850,000
Business Acquisitions, Purchase Price Allocation, Year of Acquisition, Net Effect on Income	$ 3,506,042
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	8,415,111	8,415,111
Goodwill			$ 2,974,364

SCHEDULE OF PLANT AND EQUIPME_2

SCHEDULE OF PLANT AND EQUIPMENT, NET (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Property, Plant and Equipment [Line Items]
Total	$ 180,712	$ 104,800
Less: Accumulated depreciation	(110,952)	(71,133)
Plant and equipment, net	69,760	33,667
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Total	64,791	20,159
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Total	32,038	65,809
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total	$ 83,883	$ 18,832

PLANT AND EQUIPMENT, NET (Detai

PLANT AND EQUIPMENT, NET (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Property, Plant and Equipment [Abstract]
Depreciation	$ 36,674	$ 9,349

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Total	$ 851,683	$ 848,200
Less: Accumulated amortization	(108,959)	(6,500)
Impairment	(111,915)	(23,500)
Intangible assets, net	630,809	818,200
Investment Platform [Member]
Finite-Lived Intangible Assets [Line Items]
Total	30,000	30,000
Technical Know-Hows [Member]
Finite-Lived Intangible Assets [Line Items]
Total	818,200	818,200
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Total	$ 3,483

SCHEDULE OF AMORTIZATION EXPENS

SCHEDULE OF AMORTIZATION EXPENSES RELATED TO INTANGIBLE ASSETS (Details)	Aug. 31, 2021USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2022	$ 89,993
2023	89,993
2024	89,993
2025	89,993
2026 and thereafter	270,837
Total	$ 630,809

INTANGIBLE ASSETS, NET (Details

INTANGIBLE ASSETS, NET (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 102,459
Impairment of Intangible Assets (Excluding Goodwill)	$ 88,415

SCHEDULE OF RELATED PARTY TRANS

SCHEDULE OF RELATED PARTY TRANSACTIONS (Details)		Sep. 02, 2020USD ($)	Sep. 02, 2020TWD ($)	Aug. 31, 2021USD ($)	Aug. 31, 2020USD ($)
Related Party Transaction [Line Items]
Rental expense	[1]			$ 19,135
Greenpro Financial Consulting Limited [Member]
Related Party Transaction [Line Items]
Professional fees	[2]				21,753
LOC [Member]
Related Party Transaction [Line Items]
Computer and networking					1,000,000
Rental expense		$ 1,595	$ 45,000
Other income: Note interest income	[3]				92,395
Greenpro LF Limited [Member]
Related Party Transaction [Line Items]
Other income	[4]			1,838
BJDC [Member]
Related Party Transaction [Line Items]
Other income: Note interest income	[3]				$ 45,231
[1]	The directors of Greenpro Financial Consulting Limited (Mr. Lee Chong Kuang and Mr. Loke Che Chan) are also the directors of the investment managers of Greenpro Asia Strategic SPC, a 4.75% shareholder of the Company. This fee is due for payment to Greenpro Financial Consulting Limited upon receipt of an invoice. Greenpro Financial Consulting Limited provides services to the Company and the Company incurred professional fees $nil and $21,753 for the year ended August 31, 2021 and 2020, respectively. There is no accrued amount as of August 31, 2021 and 2020.
[2]	per share if converted at any time after the one-year anniversary of the issuance date
[3]	Greenpro LF Limited, a Seychelles company, owned by Mr. Lin Yi-Hsiu, a director of the Company and Mr. Lee Chong Kuang.
[4]	that are included in general and administrative expenses.

SCHEDULE OF RELATED PARTY TRA_2

SCHEDULE OF RELATED PARTY TRANSACTIONS (Details) (Parenthetical)		Sep. 02, 2020USD ($)	Sep. 02, 2020TWD ($)	Aug. 31, 2021USD ($)	Aug. 31, 2020USD ($)	May 31, 2019USD ($)	Apr. 30, 2019USD ($)
Related Party Transaction [Line Items]
Rental Income, Nonoperating	[1]			$ 19,135
Loans Payable					60,075	$ 841,763	$ 2,164,082
Debt Instrument, Interest Rate, Effective Percentage						8.00%	8.00%
Interest Expense					137,626
Greenpro Financial Consulting Limited [Member]
Related Party Transaction [Line Items]
Professional Fees	[2]				$ 21,753
LOC [Member]
Related Party Transaction [Line Items]
Rental Income, Nonoperating		$ 1,595	$ 45,000
Directors [Member] | Greenpro Financial Consulting Limited [Member]
Related Party Transaction [Line Items]
Equity Method Investment, Ownership Percentage				4.75%
[1]	The directors of Greenpro Financial Consulting Limited (Mr. Lee Chong Kuang and Mr. Loke Che Chan) are also the directors of the investment managers of Greenpro Asia Strategic SPC, a 4.75% shareholder of the Company. This fee is due for payment to Greenpro Financial Consulting Limited upon receipt of an invoice. Greenpro Financial Consulting Limited provides services to the Company and the Company incurred professional fees $nil and $21,753 for the year ended August 31, 2021 and 2020, respectively. There is no accrued amount as of August 31, 2021 and 2020.
[2]	per share if converted at any time after the one-year anniversary of the issuance date

SCHEDULE OF PREPAYMENTS, DEPOSI

SCHEDULE OF PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Prepayments Deposits And Other Receivables
Rental and management fee deposits	$ 120,831	$ 137,088
Other prepaid expenses	194,040	81,108
Staff advances		2,970
Other taxes recoverable	19,183
Prepayments, deposits and other receivables	334,054	221,166
Rental and management fee deposits	54,204
Other prepaid expenses	48,135
Prepayments, deposits and other receivables, non-current	102,339
Prepayments, deposits and other receivables, current	$ 231,715	$ 221,166

SCHEDULE OF ACCRUED EXPENSES AN

SCHEDULE OF ACCRUED EXPENSES AND OTHER PAYABLES (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Payables and Accruals [Abstract]
Accrued interests (Notes 9, 10 and 11)	$ 2,935	$ 6,191
Accrued expenses	295,686	240,172
Unearned income		2,222
Other taxes payable		31,871
Other payable	75,648	43,661
Accrued expenses and other payables	$ 374,269	$ 324,117

ACCRUED EXPENSES AND OTHER PA_3

ACCRUED EXPENSES AND OTHER PAYABLES (Details Narrative) - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Payables and Accruals [Abstract]
Deferred Revenue, Current		$ 2,222

SCHEDULE OF DUE FROM (TO) SHARE

SCHEDULE OF DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020	May 31, 2019	Apr. 30, 2019
Loan to Cheng Hung-Pin (a shareholder)		$ 34,048
Due from a director: Cheng Shui-Fung		189,474
Due from a related company: Greenpro LF Limited		36,666
Due to a director: Lin Yi-Hsiu	1,098,374	1,400,459
Loan from Hsu Kuo-Hsun (a shareholder)		60,075	$ 841,763	$ 2,164,082
Due to shareholders	53,791	99,730
Tu Yu-Cheng [Member]
Due to shareholders	50,591	96,530
Cheng Hung-Pin [Member]
Due to shareholders	800	800
Huang Mei-Ying [Member]
Due to shareholders	800	800
Lo Shih-Chu [Member]
Due to shareholders	800	800
Chen Jun-Yuan [Member]
Due to shareholders	$ 800	$ 800

DUE FROM (TO) SHAREHOLDERS, D_3

DUE FROM (TO) SHAREHOLDERS, DIRECTORS AND A RELATED COMPANY (Details Narrative)	Jul. 20, 2021USD ($)	Jul. 20, 2021CNY (¥)	Aug. 31, 2021USD ($)	Mar. 10, 2021USD ($)	Mar. 10, 2021TWD ($)	Aug. 31, 2020USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
[custom:LoanToShareholder-0]						$ 34,048
Interest Payable			$ 2,935			6,191
Hsu Kuo-Hsun [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	8.00%	8.00%
Proceeds from Issuance of Debt	$ 60,075	¥ 420,000
Debt Instrument, Maturity Date	Jul. 17, 2021	Jul. 17, 2021
Interest Payable						$ 544
Loan Agreement [Member] | Cheng Hung-Pin [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
[custom:LoanToShareholder-0]				$ 33,322	$ 1,000,000
Debt Instrument, Interest Rate, Stated Percentage				3.00%	3.00%

BONDS PAYABLE (Details Narrativ

BONDS PAYABLE (Details Narrative) - USD ($)	Aug. 14, 2020	Aug. 31, 2021	Aug. 31, 2020
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Interest Payable		$ 2,935	$ 6,191
Bond Purchase Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt Instrument, Face Amount	$ 600,000
Debt Instrument, Term	3 years
Debt Instrument, Maturity Date	Aug. 14, 2019
Debt Instrument, Interest Rate, Stated Percentage	10.00%
Debt Instrument, Description	The Company may exercise its right to repay this bond at any time on or before two years from the maturity date by wiring 100% of all outstanding principal and interest(s) to the Purchaser.
Interest Payable			$ 2,935

SCHEDULE OF CONVERTIBLE NOTES P

SCHEDULE OF CONVERTIBLE NOTES PAYABLE (Details) - USD ($)	Jan. 15, 2021	Nov. 02, 2020	Mar. 18, 2020	Feb. 27, 2020	Feb. 24, 2020	Aug. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 1,030,000
Teh-Ling Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 110,000
Debt Instrument, Issuance Date						Feb. 24, 2020
Debt Instrument, Maturity Date	Jan. 15, 2023	Nov. 2, 2022			Feb. 24, 2022	Feb. 24, 2022
Debt Instrument, Interest Rate, Stated Percentage	6.00%	6.00%			6.00%	6.00%
Li Ching Yang [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 20,000
Debt Instrument, Issuance Date						Feb. 27, 2020
Debt Instrument, Maturity Date				Feb. 27, 2022		Feb. 27, 2022
Debt Instrument, Interest Rate, Stated Percentage				6.00%		6.00%
Jui-Chin Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 100,000
Debt Instrument, Issuance Date						Mar. 18, 2020
Debt Instrument, Maturity Date			Mar. 18, 2022			Mar. 18, 2022
Debt Instrument, Interest Rate, Stated Percentage			6.00%			6.00%
Teh Ling Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 100,000
Debt Instrument, Issuance Date						Nov. 2, 2020
Debt Instrument, Maturity Date						Nov. 2, 2022
Debt Instrument, Interest Rate, Stated Percentage						6.00%
Chin-Ping Wang [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 200,000
Debt Instrument, Issuance Date						Nov. 25, 2020
Debt Instrument, Maturity Date						Nov. 25, 2022
Debt Instrument, Interest Rate, Stated Percentage						6.00%
Chin-Nan Wang [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 200,000
Debt Instrument, Issuance Date						Nov. 25, 2020
Debt Instrument, Maturity Date						Nov. 25, 2022
Debt Instrument, Interest Rate, Stated Percentage						6.00%
Chin-Chiang Wang [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 200,000
Debt Instrument, Issuance Date						Nov. 25, 2020
Debt Instrument, Maturity Date						Nov. 25, 2022
Debt Instrument, Interest Rate, Stated Percentage						6.00%
Teh Ling Chen [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Notes Payable						$ 100,000
Debt Instrument, Issuance Date						Jan. 15, 2021
Debt Instrument, Maturity Date						Jan. 15, 2023
Debt Instrument, Interest Rate, Stated Percentage						6.00%

CONVERTIBLE NOTES PAYABLE TO _3

CONVERTIBLE NOTES PAYABLE TO RELATED PARTIES (Details Narrative) - USD ($)

Jan. 15, 2021

Nov. 25, 2020

Nov. 02, 2020

Aug. 18, 2020

Mar. 18, 2020

Feb. 27, 2020

Feb. 24, 2020

Aug. 31, 2021

Aug. 31, 2020

Aug. 31, 2019

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Debt, Fair Value Disclosures

$ 990,000

$ 104,000

Debt Instrument, Convertible, Conversion Price

$ 0.40

Debt Conversion, Converted Instrument, Shares Issued

325,000

Debt Instrument, Convertible, Terms of Conversion Feature

For each of the convertible promissory notes, the Company is entitled to a one-year extension. The outstanding principal amounts of the notes are convertible at any time at the option of the holders into common stock at a conversion price of either $1 per share if converted within one year or $1.5 per share if converted after one year. Each of the lenders may convert part of the principal outstanding in increments of $10,000 or multiples of $10,000 at any time.

Coveritble debt

$ 44,908

3,997

Binomial Model [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Debt, Fair Value Disclosures

$ 990,000

$ 104,000

Teh-Ling Chen [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Notes Payable, Noncurrent

$ 100,000

$ 100,000

$ 110,000

Debt Instrument, Interest Rate, Stated Percentage

6.00%

6.00%

6.00%

6.00%

Debt Instrument, Maturity Date

Jan. 15, 2023

Nov. 2, 2022

Feb. 24, 2022

Feb. 24, 2022

Debt Instrument, Convertible, Conversion Price

[1]

$ 1

Li Ching Yang [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Notes Payable, Noncurrent

$ 20,000

Debt Instrument, Interest Rate, Stated Percentage

6.00%

6.00%

Debt Instrument, Maturity Date

Feb. 27, 2022

Feb. 27, 2022

Debt Instrument, Convertible, Conversion Price

[1]

$ 1

Jui-Chin Chen [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Notes Payable, Noncurrent

$ 100,000

Debt Instrument, Interest Rate, Stated Percentage

6.00%

6.00%

Debt Instrument, Maturity Date

Mar. 18, 2022

Mar. 18, 2022

Debt Instrument, Convertible, Conversion Price

$ 1

[1]

$ 0.40

$ 0.40

Chin-Ping Wang, Chin-Nan Wang and Chin-Chiang Wang [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Notes Payable, Noncurrent

$ 600,000

Debt Instrument, Interest Rate, Stated Percentage

6.00%

Debt Instrument, Maturity Date

Nov. 25, 2022

Agreement [Member]

Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]

Convertible Debt, Fair Value Disclosures

$ 1,030,000

[1]

USD

SCHEDULE OF INCOME_(LOSS) BEFOR

SCHEDULE OF INCOME/(LOSS) BEFORE INCOME TAXES (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Operating Loss Carryforwards [Line Items]
Loss before income tax	$ (11,731,630)	$ (9,842,829)
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Tax jurisdictions from: Local	(5,200,428)	(6,387,031)
SEYCHELLES
Operating Loss Carryforwards [Line Items]
Tax jurisdictions from: Foreign, representing	(1,610)	(1,603)
VIRGIN ISLANDS, BRITISH
Operating Loss Carryforwards [Line Items]
Tax jurisdictions from: Foreign, representing	(89,403)
TAIWAN, PROVINCE OF CHINA
Operating Loss Carryforwards [Line Items]
Tax jurisdictions from: Foreign, representing	(3,077,725)
CHINA
Operating Loss Carryforwards [Line Items]
Tax jurisdictions from: Foreign, representing	(594,153)
HONG KONG
Operating Loss Carryforwards [Line Items]
Tax jurisdictions from: Foreign, representing	$ (2,768,311)	$ (3,530,440)

SCHEDULE OF COMPONENTS OF PROVI

SCHEDULE OF COMPONENTS OF PROVISION BENEFIT FOR INCOME TAXES (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Income Tax Disclosure [Abstract]
Current
Deferred	(38,138)
Total income tax (benefit) expense	$ (38,138)

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAXES (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Income Tax Disclosure [Abstract]
Loss before income taxes	$ (11,731,630)	$ (9,842,829)
Statutory income tax rate	21.00%	21.00%
Income tax credit computed at statutory income rate	$ (2,463,642)	$ (2,066,994)
Non-deductible expenses (non-chargeable income)	413,599	1,980
Share-based payments	1,378,279	1,693,125
Tax effect of tax exempt entity	19,113	337
Rate differential in different tax jurisdictions	18,838	158,107
Valuation allowance on deferred tax assets	595,675	213,445
Income tax (benefit) expense	$ (38,138)

SCHEDULE OF DEFERRED TAX ASSETS

SCHEDULE OF DEFERRED TAX ASSETS (Details) - USD ($)	Aug. 31, 2021	Aug. 31, 2020
Operating Loss Carryforwards [Line Items]
Less: valuation allowance	$ 2,014,972	$ 1,087,946
Deferred tax liabilities
Deferred income tax liabilities	125,502	163,640
UNITED STATES
Operating Loss Carryforwards [Line Items]
Deferred tax assets: Net operating loss carryforwards	(469,843)	(339,334)
TAIWAN, PROVINCE OF CHINA
Operating Loss Carryforwards [Line Items]
Deferred tax assets: Net operating loss carryforwards	(618,141)	(81,803)
CHINA
Operating Loss Carryforwards [Line Items]
Deferred tax assets: Net operating loss carryforwards	(457,802)	(309,264)
HONG KONG
Operating Loss Carryforwards [Line Items]
Deferred tax assets: Net operating loss carryforwards	$ (469,186)	$ (357,545)

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	Jan. 02, 2018	Aug. 31, 2021USD ($)	Aug. 31, 2021TWD ($)	Aug. 31, 2020USD ($)	Aug. 31, 2019	Aug. 31, 2018
Operating Loss Carryforwards [Line Items]
Operating Income (Loss)		$ (11,727,774)		$ (9,729,835)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21.00%	21.00%	21.00%
UNITED STATES
Operating Loss Carryforwards [Line Items]
Operating Income (Loss)		$ 2,237,348
[custom:NetOperatingLossExpirationDateDescription]		The NOL carryforwards begin to expire in 2037	The NOL carryforwards begin to expire in 2037
[custom:DeferredTaxAssetsValuationAllowanceCarryforwards-0]		$ 469,843		$ 339,334
Deferred Tax Assets, Operating Loss Carryforwards		$ 469,843		339,334
TAIWAN, PROVINCE OF CHINA
Operating Loss Carryforwards [Line Items]
[custom:NetOperatingLossExpirationDateDescription]		expire in various years through 2025.	expire in various years through 2025.
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	20.00%	20.00%	20.00%		19.00%	18.00%
Operating Loss Carryforwards		$ 3,090,707
[custom:DeferredTaxAssetsOperatingLossCarryforward-0]		618,141
Deferred Tax Assets, Operating Loss Carryforwards		618,141		81,803
TAIWAN, PROVINCE OF CHINA | Maximum [Member]
Operating Loss Carryforwards [Line Items]
[custom:TaxableIncome]		16,000	$ 500,000
TAIWAN, PROVINCE OF CHINA | Minimum [Member]
Operating Loss Carryforwards [Line Items]
[custom:TaxableIncome]		$ 3,900	$ 120,000
CHINA
Operating Loss Carryforwards [Line Items]
[custom:NetOperatingLossExpirationDateDescription]		expire in various years through 2028.	expire in various years through 2028.
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent		25.00%	25.00%
Operating Loss Carryforwards		$ 1,831,208
Deferred Tax Assets, Operating Loss Carryforwards		457,802		309,264
HONG KONG
Operating Loss Carryforwards [Line Items]
Operating Income (Loss)		2,843,554
Deferred Tax Assets, Operating Loss Carryforwards		$ 469,186		357,545
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		16.50%	16.50%
HONG KONG | JFB [Member]
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards				$ 357,545

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative)	May 17, 2021$ / sharesshares	Mar. 02, 2021USD ($)$ / sharesshares	Feb. 28, 2021USD ($)	Feb. 08, 2021$ / sharesshares	Nov. 02, 2020$ / shares	Nov. 01, 2020USD ($)shares	Sep. 02, 2020USD ($)$ / shares	Sep. 02, 2020USD ($)$ / shares	Aug. 31, 2020USD ($)$ / sharesshares	Aug. 17, 2020shares	Aug. 03, 2020USD ($)$ / sharesshares	Aug. 03, 2020TWD ($)shares	Aug. 02, 2020USD ($)$ / sharesshares	Jul. 27, 2020USD ($)$ / sharesshares	Jul. 27, 2020TWD ($)shares	Jun. 30, 2020Milestone$ / sharesshares	Jun. 30, 2020Milestone$ / sharesshares	Mar. 02, 2020USD ($)shares	Sep. 16, 2019USD ($)$ / shares	Sep. 02, 2019USD ($)$ / sharesshares	Aug. 31, 2020$ / sharesshares	Aug. 31, 2020USD ($)$ / sharesshares	Aug. 31, 2021USD ($)$ / sharesshares	Aug. 31, 2021TWD ($)shares	Aug. 31, 2020USD ($)$ / shares	Jul. 31, 2021USD ($)	Aug. 31, 2021USD ($)$ / sharesshares
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common Stock, Par or Stated Value Per Share | $ / shares									$ 0.0001												$ 0.0001	$ 0.0001			$ 0.0001
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures | shares																							100,000	100,000
Stock Issued During Period, Shares, Issued for Services | shares											50,000	50,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount																							$ 2,274,266				$ 2,274,266
NPI [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares										8,415,111											8,415,111
Accredited Investors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share | $ / shares									$ 0.40												$ 0.40	0.40			0.40
JFB Internet Service Limited [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Value, Restricted Stock Award, Gross									$ 3,200,000
Shares Issued, Price Per Share | $ / shares									$ 0.40												$ 0.40	$ 0.40			$ 0.40
Amortization																							1,200,000		$ 2,237,500
JFB Internet Service Limited [Member] | Milestones [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, New Issues | shares									5,000,000
JFB Internet Service Limited [Member] | Inducement Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock description																	the Company’s board of directors agreed to grant a new employee of JFB, (i) 5,000,000 shares of Restricted Common Stock in connection with such employee’s employment (the “Inducement Shares”) and (ii) 5,000,000 shares of Restricted Common Stock upon the achievement of each of two milestones set forth in such employee’s offer letter relating to the FinMaster mobile application. In addition, on that same day, the Company’s board of directors approved an aggregate of 3,000,000 shares to a service provider in exchange for services rendered.
Stock Issued During Period, Shares, New Issues | shares																	5,000,000
[custom:NumberOfMilestone-0] | Milestone																2	2
JFB Internet Service Limited [Member] | Consultant Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures | shares									3,000,000
Service Provider [Member] | JFB Internet Service Limited [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amortization																									1,971,567
[custom:NumberOfCommonSharesVested] | shares																							4,928,918	4,928,918
Stock Forfeiture Letter [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
[custom:NumberOfSharesForfeitedAndSurrendered] | shares	13,132,500			5,000,000													5,500,000
Common Stock, Par or Stated Value Per Share | $ / shares	$ 0.0001			$ 0.0001												$ 0.0001	$ 0.0001
Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, New Issues | shares																											37,157,535
Proceeds from Issuance of Common Stock																											$ 5,206,994
Securities Purchase Agreement [Member] | Accredited Investors [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, New Issues | shares																						3,925,035
Proceeds from Issuance of Common Stock																						$ 1,570,014				$ 3,550,035
Loanout Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term													1 year
Salary and Wage, Excluding Cost of Good and Service Sold																							$ 383,334		5,500
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares													1,000,000
Stock Issued During Period, Value, Restricted Stock Award, Gross													$ 400,000
Shares Issued, Price Per Share | $ / shares													$ 0.40
[custom:AnnualCompensation]			$ 57,750										$ 66,000
Shares Issued, Shares, Share-based Payment Arrangement, before Forfeiture | shares													1,000,000
Securities Purchase Agreements One [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares Issued, Price Per Share | $ / shares																							$ 0.140				$ 0.140
Yi-Hsiu Lin [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term																				2 years
Salary and Wage, Excluding Cost of Good and Service Sold																				$ 50,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares																				2,500,000
Stock Issued During Period, Value, Restricted Stock Award, Gross								$ 1,000,000											$ 1,250,000
Shares Issued, Price Per Share | $ / shares							$ 0.40	$ 0.40											$ 0.50
Amortization																							$ 1,000,000		1,250,000
Mr. Cheng [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term																				1 year
Salary and Wage, Excluding Cost of Good and Service Sold																				$ 30,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares																				1,500,000
Stock Issued During Period, Value, Restricted Stock Award, Gross							$ 600,000													$ 750,000
Shares Issued, Price Per Share | $ / shares							$ 0.40	$ 0.40												$ 0.50
Amortization																							600,000		750,000
Consultant [Member] | Consulting Agreement [Member] | Business Development Services [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term																				1 year
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares																				2,000,000
Stock Issued During Period, Value, Restricted Stock Award, Gross																				$ 1,000,000
Shares Issued, Price Per Share | $ / shares																				$ 0.50
Amortization																									1,000,000
[custom:ConsultantFee]																				$ 40,000
Consultant [Member] | Consulting Agreement [Member] | Business Advisory Services [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term																		1 year		1 year
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares																		1,000,000		2,500,000
Stock Issued During Period, Value, Restricted Stock Award, Gross		$ 750,000																		$ 1,250,000
Shares Issued, Price Per Share | $ / shares		$ 0.10
Amortization																									1,250,000
[custom:ConsultantFee]																		$ 60,000		$ 50,000
[custom:NumberOfAdditionalRestrictedCommonSharesIssued] | shares																500,000
Consultant [Member] | Consulting Agreement [Member] | Business Advisory Services Two [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
[custom:ConsultantFee]																							425,000		375,000
Consultant [Member] | Renewal of Consulting Agreement [Member] | Business Advisory Services [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term		1 year
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares		1,000,000
Stock Issued During Period, Value, Restricted Stock Award, Gross		$ 100,000
Shares Issued, Price Per Share | $ / shares		$ 0.50
[custom:ConsultantFee]		$ 60,000
Staff [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Salary and Wage, Excluding Cost of Good and Service Sold																							50,000
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares											50,000	50,000
Stock Issued During Period, Value, Restricted Stock Award, Gross											$ 50,000			$ 50,000
Shares Issued, Price Per Share | $ / shares											$ 1			$ 1
[custom:NumberOfAdditionalRestrictedCommonSharesIssued] | shares														50,000	50,000
Common stock description											In addition, the staff would have been granted	In addition, the staff would have been granted
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures | shares														50,000	50,000
Share-based Payment Arrangement, Expense											$ 2,717	$ 77,000		$ 2,717	$ 77,000								3,264	$ 92,500
Two Consultant [Member] | Consulting Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Employment agreement term					1 year
Stock Issued During Period, Shares, Restricted Stock Award, Gross | shares						2,500,000
Stock Issued During Period, Value, Restricted Stock Award, Gross						$ 2,500,000
Shares Issued, Price Per Share | $ / shares					$ 1
Amortization																							$ 2,083,334

SCHEDULE OF OPERATING LEASE MIN

SCHEDULE OF OPERATING LEASE MINIMUM RENT PAYMENTS (Details)	Aug. 31, 2021USD ($)
Product Liability Contingency [Line Items]
2022	$ 286,843
2023	89,857
2024
2025
2026
Thereafter
Present value of lease liabilities	376,700
TAIWAN, PROVINCE OF CHINA
Product Liability Contingency [Line Items]
2022	11,388
2023
2024
2025
2026
Thereafter
Present value of lease liabilities	$ 11,388

SCHEDULE OF COMPONENTS OF LEASE

SCHEDULE OF COMPONENTS OF LEASE COSTS, LEASE TERM AND DISCOUNT RATE (Details) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Operating Lease, Cost	$ 292,567	$ 128,580
Operating Lease, Weighted Average Remaining Lease Term	11 months 12 days	1 year 3 months 18 days
Weighted Average Discounting Rate - Operating leases	4.20%	5.53%

SCHEDULE OF MATURITIES OF LEASE

SCHEDULE OF MATURITIES OF LEASE LIABILITIES (Details)	Aug. 31, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
2022	$ 286,843
2023	89,857
2024
2025
2026
Thereafter
Total undiscounted cash flows	376,700
Less: imputed interest	(24,345)
Present value of lease liabilities	$ 352,355

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	12 Months Ended
	Aug. 31, 2021	Aug. 31, 2020
Product Liability Contingency [Line Items]
Payments for Rent	$ 333,118	$ 130,999
Lessee, Operating Lease, Liability, to be Paid	376,700
TAIWAN, PROVINCE OF CHINA
Product Liability Contingency [Line Items]
Lessee, Operating Lease, Liability, to be Paid	11,388
Severance Costs	69,000	28,000
CHINA
Product Liability Contingency [Line Items]
Severance Costs	$ 129,000	$ 86,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)

Dec. 31, 2021

Oct. 28, 2021

Oct. 27, 2021

Oct. 09, 2021

Oct. 05, 2021

Sep. 28, 2021

Sep. 03, 2021

Sep. 02, 2021

Sep. 02, 2020

Sep. 16, 2019

Sep. 02, 2019

Aug. 31, 2020

Jul. 31, 2021

Aug. 31, 2021

Sep. 01, 2021

Accredited Investors [Member]

Subsequent Event [Line Items]

Shares issued, price per share

$ 0.40

Securities Purchase Agreement [Member]

Subsequent Event [Line Items]

Stock issued during period, shares, new issues

37,157,535

Proceeds from issuance of common stock

$ 5,206,994

Securities Purchase Agreement [Member] | Accredited Investors [Member]

Subsequent Event [Line Items]

Stock issued during period, shares, new issues

3,925,035

Proceeds from issuance of common stock

$ 1,570,014

$ 3,550,035

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Individual Accredited Investors [Member]

Subsequent Event [Line Items]

Shares issued, price per share

$ 0.25

$ 0.25

$ 0.25

Stock issued during period, shares, new issues

2,500,000

560,000

200,000

100,000

Proceeds from issuance of common stock

$ 140,000

$ 50,000

$ 25,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Individual Accredited Investors [Member] | Share-based Payment Arrangement, Tranche Two [Member]

Subsequent Event [Line Items]

Proceeds from issuance of common stock

$ 250,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Individual Accredited Investors [Member] | Share-based Payment Arrangement, Tranche Three [Member]

Subsequent Event [Line Items]

Shares issued, price per share

$ 0.10

$ 0.10

Proceeds from issuance of common stock

$ 250,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Individual Accredited Investors [Member] | Share-based Payment Arrangement, Tranche Three [Member] | Maximum [Member]

Subsequent Event [Line Items]

Stock issued during period, shares, new issues

6,000,000

6,000,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Individual Accredited Investors [Member] | Share-based Payment Arrangement, Tranche One [Member] | Maximum [Member]

Subsequent Event [Line Items]

Stock issued during period, shares, new issues

1,000,000

1,000,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Individual Accredited Investors [Member] | Share Based Compensation Award Tranche Two and Three [Member] | Maximum [Member]

Subsequent Event [Line Items]

Stock issued during period, shares, new issues

2,500,000

2,500,000

Subsequent Event [Member] | Securities Purchase Agreement [Member] | Accredited Investors [Member]

Subsequent Event [Line Items]

Shares issued, price per share

$ 0.25

Stock issued during period, shares, new issues

800,000

Proceeds from issuance of common stock

$ 200,000

Yi-Hsiu Lin [Member]

Subsequent Event [Line Items]

Salary and Wage, Excluding Cost of Good and Service Sold

$ 50,000

Stock Issued During Period, Shares, Restricted Stock Award, Gross

2,500,000

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 1,000,000

$ 1,250,000

Shares issued, price per share

$ 0.40

$ 0.50

Employment agreement term

2 years

Yi-Hsiu Lin [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Salary and Wage, Excluding Cost of Good and Service Sold

$ 120,000

Stock Issued During Period, Shares, Restricted Stock Award, Gross

2,500,000

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 250,000

Shares issued, price per share

$ 0.10

Shui Fung Cheng [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Salary and Wage, Excluding Cost of Good and Service Sold

$ 80,000

Stock Issued During Period, Shares, Restricted Stock Award, Gross

1,500,000

Stock Issued During Period, Value, Restricted Stock Award, Gross

$ 150,000

Employment agreement term

1 year