XML 66 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)
12 Months Ended
Sep. 30, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]
Balance Sheets
 
 
 
As of September 30,
 
 
 
2017
 
2016
 
ASSETS
 
 
 
 
 
 
 
Cash and cash equivalent
 
$
55
 
$
-
 
Due from related parties
 
 
-
 
 
50,000
 
Investment in ZK Pipe
 
 
5,581,999
 
 
-
 
Total assets
 
$
5,582,054
 
$
50,000
 
 
 
 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
$
-
 
$
-
 
Total liabilities
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
Common stock, $0.001 par value, 50,000,000 shares authorized, 13,068,346 and 9,000,000 shares issued and outstanding, respectively
 
$
-
 
$
-
 
Additional paid-in capital
 
 
5,582,099
 
 
50,000
 
Accumulated deficits
 
 
(45)
 
 
-
 
Total stockholders' equity
 
 
5,582,054
 
 
50,000
 
 
 
 
 
 
 
 
 
Total liabilities and stockholders’ equity
 
$
5,582,054
 
$
50,000
 
Condensed Income Statement [Table Text Block]
Statements of Operations and Comprehensive income
 
 
 
For the year ended September 30,
 
 
 
2017
 
2016
 
2015
 
Operating expenses:
 
 
 
 
 
 
 
 
 
 
General and administrative expenses
 
$
45
 
$
-
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
Total operating expenses
 
 
45
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Net loss and comprehensive loss
 
$
(45)
 
$
-
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per common share – basic and diluted
 
$
-
 
$
-
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
 
10,970,000
 
 
9,000,000
 
 
9,000,000
 
Weighted average number of common shares outstanding – diluted
 
 
10,973,674
 
 
9,000,000
 
 
9,000,000
 
Condensed Cash Flow Statement [Table Text Block]
Statements of Cash Flows
 
 
 
For the year ended September 30,
 
 
 
2017
 
2016
 
2015
 
Cash flows used in operating activities
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(45)
 
$
-
 
$
-
 
Net cash used in operating activities
 
 
(45)
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Cash flows provided by financing activities
 
 
 
 
 
 
 
 
 
 
Cash received from Share Issuances
 
 
5,582,099
 
 
-
 
 
-
 
Net cash provided by financing activities
 
 
5,582,099
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Cash flows used in financing activities
 
 
 
 
 
 
 
 
 
 
Cash invested to ZK Pipe
 
 
(5,581,999)
 
 
 
 
 
 
 
Net cash used in financing activities
 
 
(5,581,999)
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Increase in cash and cash equivalents
 
 
55
 
 
-
 
 
-
 
Cash and cash equivalents, beginning of year
 
 
-
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents, end of year
 
$
55
 
$
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Supplemental Cash Flows Information:
 
 
 
 
 
 
 
 
 
 
Income tax paid
 
$
-
 
$
-
 
 
-
 
Interest paid
 
$
-
 
$
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
Non-cash investing and financing activities:
 
 
 
 
 
 
 
 
 
 
Shares issued to founders
 
$
-
 
$
-
 
 
50,000