Note 4: Convertible Advances from Shareholder and Other Related Party Transactions	6 Months Ended
Jun. 30, 2019
Disclosure Text Block [Abstract]
Note 4: Convertible Advances from Shareholder and other Related Party Transactions	Note 4: Convertible Advances from Shareholder and Other Related Party Transactions During the six-month period ended June 30, 2019, NAHL, an affiliate of the Company, advanced an aggregate of $94,913 to the Company. The total advances due are $806,452 and $711,539 from NAHL as of June 30, 2019 and December 31, 2018, respectively. As of September 30, 2018, $465,594 of the advances constitute unsecured interest-free loans to the Company. The advances were supposed to have been repaid by the close of business on October 31, 2016. In 2016, however, the Company and NAHL agreed that if the Company was unable to repay these advances by such date, NAHL, at its sole discretion, would have the option to extend the repayment deadline or convert all or a portion of the above advances into common stock of the Company at a conversion price of $0.02 per share. As of June 30, 2019, NAHL had not exercised its option to convert the advances into shares of common stock, thus the total of $806,452 in advances presently remain as an unsecured interest-free loan to the Company. The $94,913 borrowed during the six-month period ended June 30, 2019 is non-interest bearing unsecured, and due on demand. The Company has paid Jose Capote consulting fees for acting as the Company’s Secretary and Vice President in the amount of $9,000 and $9,000 during the six-months ended June 30, 2019 and June 30, 2018, respectively. The Company pays New Asia Momentum Pte Ltd., a Singapore private company owned and controlled by Dr. Lin Kok Peng, Chairman and CEO of the Company, fees for the rental of office space and for administrative services in its Singapore headquarters. The Company has paid New Asia Momentum Pte Ltd. $35,085 and $23,867 during the six-months ended June 30, 2019 and June 30, 2018, respectively. In November 2015, Magdallen Quant Pte Ltd. (“MQL”), the Company's wholly owned subsidiary, entered into a Software License Agreement with NAML, a Company owned and controlled by NAHD's Chairman and CEO, Dr. Lin Kok Peng. In consideration of MQL's performance, NAML has agreed to pay MQL in accordance with the following provisions: (i) License and Other Fixed Price Fees as set forth below: • License fees shall be based on profits from the End Users' accounts. The license fee shall be calculated as follows: o Where the asset under management from all End Users is less than US $10 million, fifteen percent (15%) only of the profits from the End Users' accounts; o If the asset under management from all End Users exceed US $10 million, MQL's fees shall be separately agreed on between MQL and NAML, and if MQL and NAML are unable to agree on such apportionment, MQL shall still be entitled to fifteen percent (15%) only of the profits from the End Users' accounts; o On every anniversary date of the MQL Agreement, parties will review the performance of the Licensed Software and may by mutual agreement between MQL and NAML vary the license fee. (ii) Time & Material Fees: The charges for performance of any T&M tasks due to Work Orders will be billed monthly for charges incurred in the previous monthly period and are due and payable within thirty (30) days of the date of the invoice. Expenses may include, but are not limited to, reasonable charges for materials, office and travel expenses, graphics, documentation, research materials, computer laboratory and data processing, and out-of-pocket expenses reasonably required for performance. Expenses for travel and travel-related expenses and individual expenses in excess of US$500 require NAML’s prior approval. NAML paid MQL a total of $0 and $76 in related party service revenue during the six-months June 30, 2019 and June 30, 2018, respectively.

Note 4: Convertible Advances from Shareholder and Other Related Party Transactions

6 Months Ended

Jun. 30, 2019

Note 4: Convertible Advances from Shareholder and other Related Party Transactions

Note 4: Convertible Advances from Shareholder and Other Related Party Transactions

During the six-month period ended June 30, 2019, NAHL, an affiliate of the Company, advanced an aggregate of $94,913 to the Company. The total advances due are $806,452 and $711,539 from NAHL as of June 30, 2019 and December 31, 2018, respectively. As of September 30, 2018, $465,594 of the advances constitute unsecured interest-free loans to the Company. The advances were supposed to have been repaid by the close of business on October 31, 2016. In 2016, however, the Company and NAHL agreed that if the Company was unable to repay these advances by such date, NAHL, at its sole discretion, would have the option to extend the repayment deadline or convert all or a portion of the above advances into common stock of the Company at a conversion price of $0.02 per share. As of June 30, 2019, NAHL had not exercised its option to convert the advances into shares of common stock, thus the total of $806,452 in advances presently remain as an unsecured interest-free loan to the Company. The $94,913 borrowed during the six-month period ended June 30, 2019 is non-interest bearing unsecured, and due on demand.

The Company has paid Jose Capote consulting fees for acting as the Company’s Secretary and Vice President in the amount of $9,000 and $9,000 during the six-months ended June 30, 2019 and June 30, 2018, respectively.

The Company pays New Asia Momentum Pte Ltd., a Singapore private company owned and controlled by Dr. Lin Kok Peng, Chairman and CEO of the Company, fees for the rental of office space and for administrative services in its Singapore headquarters. The Company has paid New Asia Momentum Pte Ltd. $35,085 and $23,867 during the six-months ended June 30, 2019 and June 30, 2018, respectively.

In November 2015, Magdallen Quant Pte Ltd. (“MQL”), the Company's wholly owned subsidiary, entered into a Software License Agreement with NAML, a Company owned and controlled by NAHD's Chairman and CEO, Dr. Lin Kok Peng. In consideration of MQL's performance, NAML has agreed to pay MQL in accordance with the following provisions:

(i) License and Other Fixed Price Fees as set forth below:

• License fees shall be based on profits from the End Users' accounts. The license fee shall be calculated as follows:

o Where the asset under management from all End Users is less than US $10 million, fifteen percent (15%) only of the profits from the End Users' accounts;

o If the asset under management from all End Users exceed US $10 million, MQL's fees shall be separately agreed on between MQL and NAML, and if MQL and NAML are unable to agree on such apportionment, MQL shall still be entitled to fifteen percent (15%) only of the profits from the End Users' accounts;

o On every anniversary date of the MQL Agreement, parties will review the performance of the Licensed Software and may by mutual agreement between MQL and NAML vary the license fee.

(ii) Time & Material Fees: The charges for performance of any T&M tasks due to Work Orders will be billed monthly for charges incurred in the previous monthly period and are due and payable within thirty (30) days of the date of the invoice. Expenses may include, but are not limited to, reasonable charges for materials, office and travel expenses, graphics, documentation, research materials, computer laboratory and data processing, and out-of-pocket expenses reasonably required for performance. Expenses for travel and travel-related expenses and individual expenses in excess of US$500 require NAML’s prior approval.

NAML paid MQL a total of $0 and $76 in related party service revenue during the six-months June 30, 2019 and June 30, 2018, respectively.