XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Balance Sheets (Not Reviewed) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 13,987 $ 1,077
Accounts receivables 2,661 2,621
Discount on convertible notes 4,808 0
Other receivables 794,095 0
Related party loan 571,669 514,788
Total current assets 1,387,220 518,486
Property, plant and equipment, net of accumulated depreciation and amortization 91,786 95,896
Deferred tax asset 103,905 98,727
Total non-current assets 195,691 194,623
Total assets 1,582,911 713,109
Liabilities    
Accounts payables 281,744 286,137
Convertible notes 61,967 0
Derivative liabilities 147,123 0
Accrued and other liabilities 130,254 138,980
Long-term debt – current position 29,892 49,147
Line of credit 180,316 187,983
Total current liabilities 831,296 662,247
Long-term debt – non-current position 0 0
Total non-current liabilities 0 0
Total liabilities 831,296 662,247
Equity    
Common stock Authorized: $0.001 par value, 290,000,000 shares authorized Issued and outstanding: 26,711,000 and 73,590,730, respectively 77,326 123,953
Additional paid in capital 4,373,467 3,442,920
Preference Stock Authorized: $0.001 par value, 10,000,000 shares authorized Issued and outstanding: 2,600,000 and 0 Nil, respectively 2,600 0
Adjustments to equity to reflect retroactive application of reverse acquisition of accounting (53,511) (53,511)
Accumulated losses (3,547,109) (3,487,866)
Foreign currency translation differences (101,158) 25,366
Total stockholders’ surplus/(deficit) 751,615 50,862
Total liabilities and stockholders’ equity $ 1,582,911 $ 713,109