QLY Biotech (LQLY) 10-K 6 Oct 20 2020 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Aug. 31, 2020	Oct. 05, 2020
Cover [Abstract]
Entity Registrant Name	AZAR INTERNATIONAL CORP.
Entity Central Index Key	0001787123
Document Type	10-K
Amendment Flag	false
Entity Voluntary Filers	No
Current Fiscal Year End Date	--08-31
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Aug. 31, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		3,895,000
Entity Public Float		$ 0
Document Annual Report	true
Document Transition Report	false
Entity File Number	333-234137
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	98-1448750
Entity Address Address Line 1	Carretera Turistica, Luperon, 12th km, No. 7
Entity Address Address Line 2	Grand Parada
Entity Address City Or Town	Puerto Plata
Entity Address Country	DO
Entity Address Postal Zip Code	00000
City Area Code	829
Local Phone Number	947-5251
Entity Interactive Data Current	Yes

BALANCE SHEETS

BALANCE SHEETS - USD ($)	Aug. 31, 2020	Aug. 31, 2019
Current Assets
Cash & cash equivalents	$ 27,634	$ 5,000
Total current assets	27,634	5,000
Non-Current assets
Equipment (net)	236	0
Intangible assets (net)	3,467	0
Total non-Current assets	3,703	0
TOTAL ASSETS	31,337	5,000
Current Liabilities
Loans from related parties	7,797	2,978
Total current liabilities	7,797	2,978
Total Liabilities	7,797	2,978
Stockholders' Equity (Deficit)
Common stock, $0.001 par value, 75,000,000 shares authorized; 3,895,000 shares issued and outstanding as of August 31, 2020 (3,000,000 shares issued and outstanding as of August 31, 2019)	3,859	3,000
Additional Paid-In-Capital	25,955	0
Accumulated Deficit	(6,310)	(978)
Total Stockholders' equity (deficit)	23,540	2,022
Total Liabilities and Stockholders' Equity (Deficit)	$ 31,337	$ 5,000

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - $ / shares	Aug. 31, 2020	Aug. 31, 2019
Text Block Abstract
Common stock, shares par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	3,895,000	3,000,000
Common stock, shares outstanding	3,895,000	3,000,000

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($)	11 Months Ended	12 Months Ended
	Aug. 31, 2019	Aug. 31, 2020
STATEMENTS OF OPERATIONS
Revenue	$ 0	$ 4,000
OPERATING EXPENSES
Cost of sales	0	1,400
General and administrative expenses	978	7,932
Total Operation expenses	(978)	(9,332)
Income (Loss) before provision for income taxes	(978)	(5,332)
Provision for income taxes	0	0
Net income (loss)	$ (978)	$ (5,332)
Income (loss) per common share:
Basic and Diluted	$ 0	$ 0
Weighted Average Number of Common Shares Outstanding:
Basic and Diluted	2,407,514	3,052,532

STATEMENT OF STOCKHOLDERS EQUIT

STATEMENT OF STOCKHOLDERS EQUITY (DEFICIT) - USD ($)	Total	Common Stock [Member]	Additional Paid-In Capital	Deficit Accumulated [Member]
Balance, amount at Sep. 20, 2018	$ 0	$ 0	$ 0	$ 0
Shares issued at $0.001 for the period from Inception (September 20, 2018) to August 31, 2019, shares		3,000,000
Shares issued at $0.001 for the period from Inception (September 20, 2018) to August 31, 2019, amount	3,000	$ 3,000	0	0
Net loss	(978)	$ 0	0	(978)
Balance, shares at Aug. 31, 2019		3,000,000
Balance, amount at Aug. 31, 2019	2,022	$ 3,000	0	(978)
Net loss	(5,332)	$ 0	0	(5,332)
Shares issued at $0.03, shares		895,000
Shares issued at $0.03, amount	26,850	$ 895	25,955	0
Balance, shares at Aug. 31, 2020		3,895,000
Balance, amount at Aug. 31, 2020	$ 23,540	$ 3,895	$ 25,955	$ (6,310)

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($)	11 Months Ended	12 Months Ended
	Aug. 31, 2019	Aug. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (978)	$ (5,332)
Adjustments as of non-cash items:
Depreciation	0	103
Amortization	0	1,333
Net cash provided by Operating activities	(978)	(3,896)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of non-current assets	0	(5,139)
Net cash provided by (used in) Investing activities	0	(5,139)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common stock	3,000	26,850
Proceeds of loan from shareholder	2,978	4,819
Net cash provided by Financing activities	5,978	31,669
Increase (decrease) in cash and equivalents	5,000	22,634
Cash and equivalents at beginning of the period	0	5,000
Cash and equivalents at end of the period	5,000	27,634
Supplemental cash flow information:
Interest	0	0
Taxes	$ 0	$ 0

ORGANIZATION AND BUSINESS

ORGANIZATION AND BUSINESS	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 1 - ORGANIZATION AND BUSINESS	NOTE 1 – ORGANIZATION AND BUSINESS AZAR INTERNATIONAL CORP. (the “Company”) is a corporation established under the corporation laws in the State of Nevada on September 20, 2018. Azar International Corp. is in the tourism business. The Company has adopted August 31 fiscal year end.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 2 - GOING CONCERN	NOTE 2 – GOING CONCERN The Company’s financial statements as of August 31, 2020 have been prepared using generally accepted accounting principles in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company has accumulated loss from inception (September 20, 2018) to August 31, 2020 of $6,310. These factors among others raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period of time. During the year ended August 31, 2020, the Company was negatively impacted by the effects of the worldwide COVID-19 pandemic. The Company’s business is tourism in the Dominican Republic. Border closer, travel bans and quarantine place doubt on the Company’s revenue, which could result in continued losses. In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. New Accounting Pronouncements There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our financial position, operations or cash flows. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company’s bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At August 31, 2020, the Company’s bank deposits did not exceed the insured amounts. Stock-Based Compensation As of August 31, 2020, the Company has not issued any stock-based payments to its employees. Stock-based compensation is accounted for at fair value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock options. Use of Estimates and Assumptions The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern. Fair Value of Financial Instruments ASC 825, “Disclosures about Fair Value of Financial Instruments”, requires disclosure of fair value information about financial instruments. ASC 820, “Fair Value Measurements” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of August 31, 2020. The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accounts payable and related party loan payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value. Income Taxes Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Revenue Recognition We adopted Accounting Standards Codification (“ASC”) Topic 606, “Revenue from Contracts with Customers”, and all related interpretations for recognition of our revenue from tours and services. Previously we recorded revenue based on ASC Topic 605. Adoption of new accounting standard did not have any material impact on our reported revenue. Revenue is recognized when the following criteria are met: - Identification of the contract, or contracts, with customer; - Identification of the performance obligations in the contract; - Determination of the transaction price; - Allocation of the transaction price to the performance obligations in the contract; and - Recognition of revenue when, or as, we satisfy performance obligation. The Company has evaluated all the recent accounting pronouncements and determined that there are no other accounting pronouncements that will have a material effect on the Company’s financial statements. Fixed Assets Fixed assets are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost comprises purchase price, borrowing costs, if capitalization criteria are met and directly attributable cost of bringing the asset to its working condition for the intended use. Any subsidy/reimbursement/contribution received for installation and acquisition of any fixed assets is shown as deduction in the year of receipt. Capital work- in progress is stated at cost. Subsequent expenditure related to an item of fixed assets is added to its book value only if it increases the future benefits from the existing asset beyond its previously assessed standard of performance. All other expenses on existing fixed assets, including day-to-day repairs and maintenance expenditure and cost of replacing parts, are charged to the Statement of Profit and Loss for the period during which such expenses are incurred. Gains or losses arising from de-recognition of fixed assets are measured as the difference between the net disposal proceeds and the carrying amount of the assets derecognized. The Company utilizes straight-line depreciation over the estimated useful life of the asset. Office Equipment – 3 years Earnings per Share ASC No. 260, “Earnings Per Share”, specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. The Company has adopted the provisions of ASC No. 260. Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company. Risks and Uncertainties In December 2019, a novel strain of coronavirus surfaced in China, which has and is continuing to spread throughout the world, including the United States and Dominican Republic. On January 30, 2020, the World Health Organization declared the outbreak of the coronavirus disease (COVID-19) a “Public Health Emergency of International Concern,” and on March 11, 2020, the World Health Organization characterized the outbreak as a “pandemic”. The governors of New York, California and several other states, as well as mayors on many cities, have ordered their residents

EQUIPMENT (NET)

EQUIPMENT (NET)	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 4 - EQUIPMENT (NET)	NOTE 4 – EQUIPMENT (NET) Company purchased equipment as on September 30, 2019 for $339. The Company depreciates its property using straight-line depreciation over the estimated useful life of 3 years. For the year ended August 31, 2020 the company recorded $103 in depreciation expense. From inception (September 20, 2018) through August 31, 2020 the company has recorded a total of $103 in depreciation expense.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 5 - INTANGIBLE ASSETS	NOTE 5 – INTANGIBLE ASSETS Intangibles comprise of Company’ website. The website was purchased on October 31, 2019 for $4,800. The Company amortize its intangible using straight-line depreciation over the estimated useful life of 3 years. For the year ended August 31, 2020 the company recorded $1,333 in amortization expense. From inception (September 20, 2018) through August 31, 2020 the company has recorded a total of $1,333 in amortization expense.

CAPTIAL STOCK

CAPTIAL STOCK	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 6 - CAPTIAL STOCK	NOTE 6 – CAPTIAL STOCK The Company has 75,000,000 shares of common stock authorized with a par value of $0.001 per share. In November 2018, the Company issued3,000,000 shares of its common stock at $0.001 per share for total proceeds of $3,000. In July and August 2020, the Company issued 895,000 shares of its common stock at $0.03 per share for total proceeds of $26,850. As of August 31, 2020, the Company had 3,895,000 shares issued and outstanding for total proceeds of $29,850.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 7 - RELATED PARTY TRANSACTIONS	NOTE 7 – RELATED PARTY TRANSACTIONS In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by officers, directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances are considered temporary in nature and have not been formalized by a promissory note. Since September 20, 2018 (Inception) through August 31, 2020, the Company’s sole officer and director loaned the Company $7,797 to pay for incorporation costs and operating expenses. As of August 31, 2020, the amount outstanding was $7,797. The loan is non-interest bearing, due upon demand and unsecured.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Aug. 31, 2020
INCOME TAXES
NOTE 8 - INCOME TAXES	NOTE 8 - INCOME TAXES The reconciliation of income tax benefit at the U.S. statutory rate of 21% for the periods ended August 31, 2020 and 2019 to the company’s effective tax rate is as follows: Tax benefit at U.S. statutory rate $ (1,325 ) $ (205 ) Change in valuation allowance 1,325 205 $ - $ -

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Aug. 31, 2020
ORGANIZATION AND BUSINESS
NOTE 9 - SUBSEQUENT EVENTS	NOTE 9 - SUBSEQUENT EVENTS The Company has evaluated subsequent events from August 31, 2020 to the date the financial statements were issued and has determined that there are no items to disclose.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Aug. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Basis of Presentation	The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.
Fixed Assets	Fixed assets are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost comprises purchase price, borrowing costs, if capitalization criteria are met and directly attributable cost of bringing the asset to its working condition for the intended use. Any subsidy/reimbursement/contribution received for installation and acquisition of any fixed assets is shown as deduction in the year of receipt. Capital work- in progress is stated at cost. Subsequent expenditure related to an item of fixed assets is added to its book value only if it increases the future benefits from the existing asset beyond its previously assessed standard of performance. All other expenses on existing fixed assets, including day-to-day repairs and maintenance expenditure and cost of replacing parts, are charged to the Statement of Profit and Loss for the period during which such expenses are incurred. Gains or losses arising from de-recognition of fixed assets are measured as the difference between the net disposal proceeds and the carrying amount of the assets derecognized. The Company utilizes straight-line depreciation over the estimated useful life of the asset. Office Equipment – 3 years
Earnings per Share	ASC No. 260, “Earnings Per Share”, specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. The Company has adopted the provisions of ASC No. 260. Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company.
Risks and Uncertainties	In December 2019, a novel strain of coronavirus surfaced in China, which has and is continuing to spread throughout the world, including the United States and Dominican Republic. On January 30, 2020, the World Health Organization declared the outbreak of the coronavirus disease (COVID-19) a “Public Health Emergency of International Concern,” and on March 11, 2020, the World Health Organization characterized the outbreak as a “pandemic”. The governors of New York, California and several other states, as well as mayors on many cities, have ordered their residents
New Accounting Pronouncements	There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our financial position, operations or cash flows.
Cash and Cash Equivalents	For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents. The Company’s bank accounts are deposited in insured institutions. The funds are insured up to $250,000. At August 31, 2020, the Company’s bank deposits did not exceed the insured amounts.
Stock-Based Compensation	As of August 31, 2020, the Company has not issued any stock-based payments to its employees. Stock-based compensation is accounted for at fair value in accordance with ASC 718, when applicable. To date, the Company has not adopted a stock option plan and has not granted any stock options.
Use of Estimates and Assumptions	The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Actual results could differ from those estimates. Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.
Fair Value of Financial Instruments	ASC 825, “Disclosures about Fair Value of Financial Instruments”, requires disclosure of fair value information about financial instruments. ASC 820, “Fair Value Measurements” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of August 31, 2020. The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accounts payable and related party loan payable. Fair values were assumed to approximate carrying values for these financial instruments since they are short term in nature and their carrying amounts approximate fair value.
Income Taxes	Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.
Revenue Recognition	We adopted Accounting Standards Codification (“ASC”) Topic 606, “Revenue from Contracts with Customers”, and all related interpretations for recognition of our revenue from tours and services. Previously we recorded revenue based on ASC Topic 605. Adoption of new accounting standard did not have any material impact on our reported revenue. Revenue is recognized when the following criteria are met: - Identification of the contract, or contracts, with customer; - Identification of the performance obligations in the contract; - Determination of the transaction price; - Allocation of the transaction price to the performance obligations in the contract; and - Recognition of revenue when, or as, we satisfy performance obligation. The Company has evaluated all the recent accounting pronouncements and determined that there are no other accounting pronouncements that will have a material effect on the Company’s financial statements.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Aug. 31, 2020
INCOME TAXES
Schedule of income tax benefit	Tax benefit at U.S. statutory rate $ (1,325 ) $ (205 ) Change in valuation allowance 1,325 205 $ - $ -
Schedule of deferred tax assets	Deferred tax assets: Net operating loss 1,325 205 Valuation allowance (1,325 ) (205 ) $ - $ -

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	Aug. 31, 2020	Aug. 31, 2019
GOING CONCERN (Details Narrative)
Accumulated Deficit	$ (6,310)	$ (978)

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Aug. 31, 2020USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Property, Plant and Equipment, Useful Life	3 years
FDIC insured amount	$ 250,000

EQUIPMENT (NET) (Details Narrat

EQUIPMENT (NET) (Details Narrative) - USD ($)	11 Months Ended	12 Months Ended
	Aug. 31, 2019	Aug. 31, 2020	Sep. 30, 2019
Equipment puchased			$ 339
Depreciation	$ 103	$ 103
Property, Plant and Equipment, Useful Life		3 years
Office Equipment
Property, Plant and Equipment, Useful Life		3 years

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	1 Months Ended	11 Months Ended	12 Months Ended
	Oct. 31, 2019	Aug. 31, 2019	Aug. 31, 2020
Estimated useful life	3 years
Amortization expenses		$ 1,333	$ 1,333
Website [Member]
Intangible asset	$ 4,800

CAPTIAL STOCK (Details Narrativ

CAPTIAL STOCK (Details Narrative) - USD ($)	1 Months Ended	2 Months Ended	12 Months Ended
	Nov. 30, 2018	Aug. 31, 2020	Aug. 31, 2020	Aug. 31, 2019
CAPTIAL STOCK (Details Narrative)
Common Stock, Shares Authorized		75,000,000	75,000,000	75,000,000
Common Stock, Shares, Outstanding		3,895,000	3,895,000	3,000,000
Proceeds from issuance of shares, amount		$ 26,850	$ 29,850
Price per share		$ 0.03	$ 0.03
Shares issued during the period, shares		895,000
Common Stock, Par or Stated Value Per Share		$ 0.001	$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues	3,000,000
Sale of Stock, Price Per Share	$ 0.001
Stock Issued	$ 3,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)	23 Months Ended
	Aug. 31, 2020USD ($)
RELATED PARTY TRANSACTIONS (Details Narrative)
Loans from related parties	$ 7,797
Loans payable	$ 7,797

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	11 Months Ended	12 Months Ended
	Aug. 31, 2019	Aug. 31, 2020
INCOME TAXES
Tax benefit at U.S. statutory rate	$ (205)	$ (1,325)
Income tax benefit	0	0
Change in valuation allowance	$ 205	$ 1,325

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	Aug. 31, 2020	Aug. 31, 2019
INCOME TAXES
Net operating loss	$ 1,325	$ 205
Valuation allowance	(1,325)	(205)
Deferred tax assets	$ 0	$ 0

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
	Aug. 31, 2020USD ($)
INCOME TAXES
Net operating losses	$ 6,310