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Consolidated Balance Sheets - USD ($)
Aug. 31, 2019
Aug. 31, 2018
Current assets:    
Cash and cash equivalents $ 447,562 $ 839,323
Prepayments, deposits and other receivables 55,792 89,504
Due from a director 1,201
Due from an employee 878
Notes receivable 724,858
Total current assets 1,228,212 930,906
Non-current assets    
Plant and equipment, net 12,279 18,586
Notes receivable, non-current 100,000
Deposits 9,960
Total non-current assets 112,279 28,546
TOTAL ASSETS 1,340,491 959,452
Current liabilities    
Accrued expenses and other payables 43,650 77,015
Due to a director 262,159
Total current liabilities 305,809 77,015
Non-current liabilities    
Bonds payable 600,000
Total non-current liabilities 600,000
TOTAL LIABILITIES 905,809 77,015
COMMITMENTS AND CONTINGENCIES (Note 13)
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; 105,184,073 and 104,275,395 shares issued and outstanding as of August 31, 2019 and 2018, respectively 10,519 10,428
Additional paid-in capital 1,888,909 1,434,661
Accumulated other comprehensive income
Accumulated deficits (1,464,746) (562,652)
TOTAL STOCKHOLDERS' EQUITY 434,682 882,437
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 1,340,491 $ 959,452