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ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
3 Months Ended
Mar. 31, 2022
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

NOTE 3 - ACCOUNTS PAYABLE AND ACCRUED LIABILITIES

 

Accounts payable consists mainly of accrued professional fees. Amounts totaling $5,595 which were to be written off in accordance with the Stock Purchase Agreement of March 10, 2021 remain at March 31 2022 as their write off has not yet been verified.

 

Accrued interest consists solely of the interest incurred on the promissory notes bearing an interest of 3% per annum and issued to Wang Xi Chen for amounts paid on behalf of the Company. As of March 31, 2022 and December 31, 2021, the balance of accrued interest amounts $276 and $61, respectively.