XML 32 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 7,858 $ 23,245
Other assets 11,110 1,184
Accounts receivables 61,402 145,222
Related party loan 0 136,400
Total current assets 80,370 306,051
Property, plant and equipment, net of accumulated depreciation and amortization 129,320 134,890
Deferred tax asset 119,156 124,874
Total non-current assets 248,476 259,764
Total assets 328,846 565,815
Liabilities    
Accounts payables 180,411 105,632
Accrued and other liabilities 89,493 136,403
Long-term debt - current position 21,047 20,535
Line of credit 181,866 186,812
Related party loan 7,387,509 0
Total current liabilities 7,860,326 449,382
Long-term debt - non-current position 89,939 110,769
Total non-current liabilities 89,939 110,769
Total liabilities 7,950,265 560,151
Equity    
Preferred stock Authorized: $0.001 par value, 10,000,000 shares authorized Issued and outstanding: nil preferred shares 0 0
Common stock Authorized: $0.001 par value, 290,000,000 shares authorized Issued and outstanding: 73,590,730 and 73,590,730, respectively 123,953 50,413
Additional paid in capital 3,442,920 3,442,920
Adjustments to equity to reflect retroactive application of reverse acquisition of accounting (53,511) (53,511)
Accumulated losses (11,218,054) (3,500,406)
Foreign currency translation differences 83,273 66,248
Total stockholders' suplus/(deficit) (7,621,419) 5,664
Total liabilities and stockholders' equity $ 328,846 $ 565,815