3. Convertible note Payable - Related Party

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Convertible note Payable - Related Party

NOTE 3 – CONVERTIBLE NOTE PAYABLE – Related Party

The convertible note payable as of September 30, 2019 and December 31, 2018 consisted of one non-interest bearing note payable due on demand and convertible at the option of the holder into common shares at the conversion price of $0.001 per share. The note, originally dated February 24, 2014 and amended on October 1, 2017 was initially held by a third-party creditor of the Company. Under the original February 24, 2014 Note, the principal amount of indebtedness was $115,000. On October 1, 2017, the third-party creditor agreed to forgive $65,000 in indebtedness and the balance of the Convertible Note became $50,000 as a result. On October 11, 2017, the Convertible Note was sold to Mr. Seng Yeap Kok for a purchase price of $5,000. As of the issuance of these financial statements, no amount of the principal has been repaid and the balance of the Convertible Note remains $50,000.