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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net loss $ (1,819,769) $ (5,530,324)
Less: Net income from discontinued operations (3,052,602)
Net loss from continuing operations (1,819,769) (2,477,722)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 17,057 19,016
Amortization of debt discount 43,890
Allowance for loan losses 81,937
Deferred tax expense 3,419
Changes in operating assets and liabilities:    
(Increase) Decrease in prepaid expenses (13,451) 28,150
(Increase) Decrease in other receivables (51,376) 3,300,335
Decrease in interest receivables 19,350
(Increase) in fee receivables (482,985)
Increase (Decrease) in accrued liabilities 36,877 (9,398)
Decrease in taxes payable (550) (351,308)
Increase in fees payable 296,080
Increase in interest payable 2,504,232 50,838
(Decrease) Increase in due from related parties (1,584,892) 620,665
(Decrease) Increase in payable to Caesar Capital Mgmt Ltd (8,758) 15,732
(Decrease) in received in advance (129,574)
Decrease in other payable (165,731)
Net cash (used in) operating activities from continuing operations (1,025,598) (2,084,940)
Net cash used in operating activities from discontinuing operations (215,393)
Cash flows used in operating activities (1,025,598) (2,300,333)
Cash flows from investing activities:    
Originated loans disbursement (15,111,473)
Repayment of loans from customers 6,902,794 683,496
Proceeds of short-term investments (51,205)
Redemption of short-term investment 461,184
Proceeds of long-term investment (450,795)
Net cash (used in) provided by investing activities from continuing operation (7,747,495) 181,496
Net cash provided by investing activities from discontinued operation
Cash flow (used in) provided by investing activities (7,747,495) 181,496
Cash flows from financing activities:    
Proceeds from related party debt 1,616,458 (1,228,028)
Change of capital (500) 31,043
Proceeds from loans payable 15,757,131 3,495,168
Repayment of loans payable (7,166,805) (2,037,815)
Net cash provided by financing activities from continuing operations 10,206,284 260,368
Net cash provided by financing activities from discontinued operations
Cash flows provide by financing activities 10,206,284 260,368
Effect of exchange rate changes on cash, (189,262) 1,299,025
Net change in cash and cash equivalents 1,243,929 (559,444)
Cash and cash equivalents, beginning balance 725,774 1,478,005
Cash and cash equivalents, ending balance 1,969,703 918,561
Less: Cash and equivalents from discontinued operations
Cash and equivalents from continuing operations 1,969,703 918,561
Supplemental disclosure of cash flow information    
Cash paid for interest 2,062,539 1,187,003
Cash paid for income taxes