XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net Loss $ (156,705) $ (137,970)
Changes in operating assets and liabilities:    
Prepaid expenses 9,000 11,203
Accounts payable and accrued expenses 53,160 25,245
Net cash used in operating activities (94,545) (101,522)
Cash flows from financing activities    
Advance from shareholder 80,000 104,913
Issuance of common stock 20,000 0
Net cash provided by financing activities 100,000 104,913
Effect of exchange rate on cash (169) (132)
Net increase in cash 5,286 3,259
Cash at beginning of period 23,874 28,617
Cash at end of period 29,160 31,876
Supplemental disclosure of cash flow information:    
Interest paid 0 0
Taxes paid $ 800 $ 800