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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 56,135 $ 257,391
Accounts receivable 10,302,185 38,165,057
Inventory 3,982,739 1,245,759
Other current assets 436,419 42,275
Due from related parties 908,788 155,075
Total Current Assets 15,686,266 39,865,557
Property and Equipment, net 477,333 551,548
Goodwill 3,199,594 3,199,594
TOTAL ASSETS 19,363,193 43,616,699
Current Liabilities    
Accounts payable 7,839,140 32,593,531
Accrued liabilities and other payable 159,497 95,458
Deferred revenue 54,434 56,416
Due to related parties 1,117,500 1,115,705
Tax payable 520,930 229,729
Total Current Liabilities 9,691,501 34,090,839
Deferred tax liabilities 39,819 40,349
TOTAL LIABILITIES 9,731,320 34,131,188
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred stock, $0.0001 par value; 15,000,000 shares authorized; no shares issued and outstanding
Common stock, $0.0001 par value; 1,000,000,000 shares authorized; 5,209,881 shares issued and outstanding 521 521
Additional paid-in capital 8,936,263 8,936,263
Retained earnings 1,384,557 991,525
Accumulated other comprehensive loss (689,468) (442,798)
Total equity 9,631,873 9,485,511
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 19,363,193 $ 43,616,699