XML 17 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities    
Net (loss) from continuing operations $ (32,293) $ (111,237)
Net income from discontinued operations (941,076) (7,392)
Depreciation and amortization 705 1,012
Changes in operating assets and liabilities for sale of discontinued operations 941,819
Changes in operating assets and liabilities 29,363 66,323
Net cash (used in) operating activities (1,482) (51,294)
Cash Flows from Investing Activities    
Divestment of Lvxin (1,343)  
Net cash (used in) investing activities (1,343)
Cash Flows from Financing Activities    
Proceeds from sale of common stock 38,900 20,012
Proceeds from related parties loans 32,206
Net cash provided by financing activities 38,900 52,218
Effect of exchange rate fluctuations on cash and cash equivalents 4,247 (10,351)
Net increase (decrease) in cash and cash equivalents 40,322 (9,427)
Cash and cash equivalents, beginning of year-continuing operations 240,834 11,695
Cash and cash equivalents, beginning of year-discontinued operations 1,340 1,258
Cash and cash equivalents, beginning of year 242,174 12,953
Cash and cash equivalents, end of year-continuing operations 282,496 1,887
Cash and cash equivalents, end of year-discontinued operations 1,639
Cash and cash equivalents, end of year 282,496 3,526
Supplemental disclosure of cash flow information:    
Cash paid for income taxes
Cash paid for interest
Supplemental disclosure of non-cash activities:    
(Loss) on sale of discontinued operations (941,819)
Divestment of Lvxin 203,319
Operating ROU assets obtained in exchange for lease liabilities $ 18,682 $ 2,208,473