NOTES RECEIVABLE (Detail Textuals) - USD ($) |
1 Months Ended | 6 Months Ended | 12 Months Ended | |
---|---|---|---|---|
Mar. 16, 2017 |
Feb. 29, 2020 |
Feb. 28, 2019 |
Aug. 31, 2019 |
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Payment to advanced | $ 697,585 | $ 2,492,000 | ||
Manhatten Enterprises [Member] | ||||
Interest Rate | 5.00% | |||
Strategic IR [Member] | ||||
Interest Rate | 5.00% | |||
Beverly Pacific Holdings [Member] | ||||
Interest Rate | 5.00% | |||
promissory note agreement [Member] | Manhatten Enterprises [Member] | ||||
Payment to advanced | $ 75,000 | |||
Interest Rate | 5.00% | |||
promissory note agreement [Member] | Strategic IR [Member] | ||||
Payment to advanced | $ 642,581 | |||
Interest Rate | 5.00% | |||
Further payments to advance | $ 125,000 | |||
Amount received | 150,000 | |||
Receivables from customers | 617,581 | |||
Interest receivable | 19,855 | |||
promissory note agreement [Member] | Beverly Pacific Holdings [Member] | ||||
Payment to advanced | $ 117,000 | |||
Interest Rate | 5.00% | |||
Further payments to advance | 572,585 | |||
Interest receivable | $ 0 |
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- Definition Represents further payments to acquire notes receivable. No definition available.
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- Definition Represents amount related to received form customer. No definition available.
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow to acquire an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date. Such amount may include accrued interest receivable in accordance with the terms of the note. The note also may contain provisions including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among myriad other features and characteristics. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount due from customers for fees and charges arising from transactions related to the entity's brokerage activities and operations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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