DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Sep. 30, 2020

DISCONTINUED OPERATIONS

Schedule of disposal Groups, Including Discontinued Operations

	September 30,		March 31,
	2020		2020
	(Unaudited)
Current assets
Cash and cash equivalents	$	—	$	10,139
Prepayments, other receivables and other assets, net		588,068		816,441
Total current assets		588,068		826,580
Property and equipment, net		7,412		11,206
Total assets	$	595,480	$	837,786

	September 30,		March 31,
	2020		2020
	(Unaudited)
Current liabilities
Accrued expenses and other liabilities	$	3,030,422	$	4,204,012
Due to stockholders		47,084		182,095
Due to related parties and affiliates		—		76,286
Lease liabilities		—		53,899
Total current liabilities		3,077,506		4,516,292
Total liabilities	$	3,077,506	$	4,516,292

	For the Three Months Ended				For the Six Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
Revenues	$	2,474	$	35,879	$	4,554	$	117,756
Operating expenses
Selling, general and administrative expenses		—		(496,472)		(88,438)		(1,076,527)
Impairments of intangible assets and goodwill		—		(266,534)		—		(266,534)
Total operating expenses		—		(763,006)		(88,438)		(1,343,061)
Income (loss) from discontinued operations		2,474		(727,127)		(83,884)		(1,225,305)
Other income, net		5,401		6,120		6,105		25,195
Income (loss) before income taxes		7,875		(721,007)		(77,779)		(1,200,110)
Income tax expenses		—		—		—		—
Net income (loss) attributable to stockholders	$	7,875	$	(721,007)	$	(77,779)	$	(1,200,110)