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Discontinued Operations (Tables)
3 Months Ended
Mar. 31, 2020
Discontinued Operations  
Schedule of operatins and net assets of discontinued operations

 

 

For the Three Months

 

 

 

Ended March 31, 2020

 

Net Revenue

 

$

-

 

Cost of Revenue

 

 

-

 

General and administrative expense

 

 

(6,292

)

Other income

 

 

6

 

Loss before income taxes

 

 

(6,286

)

Income taxes

 

 

-

 

Loss from discontinued operations, net of tax

 

$

(6,286

)

 

Net assets of discontinued operations as of March 31, 2020 were as follows:

 

 

 

As of

March 31, 2020

 

Cash & cash equivalents

 

$

11,189

 

Property and equipment

 

 

17,721

 

Assets from discontinued operations

 

 

28,910

 

 

 

 

 

 

Accrued expenses

 

$

1,355

 

Due to director

 

 

24,016

 

Due to related parties

 

 

25,014

 

Liabilities from discontinued operations

 

$

50,385