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ACCRUED CONSULTING AND SERVICE FEE
9 Months Ended
Sep. 30, 2022
Accrued Consulting And Service Fee  
ACCRUED CONSULTING AND SERVICE FEE

8.       ACCRUED CONSULTING AND SERVICE FEE

 

For the nine months ended September 30, 2022, the Company agreed to compensate certain business or professional service providers, which rendered IT development service, sale and marketing service, corporate development service and administrative service. These consulting and service fees totaled $1,979,760 and the Company will issue shares in lieu of services rendered, of which the number of shares to be issued are to be determined at the later date.

 

For the nine months ended September 30, 2021, no such accrued consulting and service fee were incurred.