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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 581,843 $ 824,733
Amount due from related party 490,335 689,427
Deposits paid, prepayments and other receivables 109,720 19,240
Total current assets 1,181,898 1,533,400
NON-CURRENT ASSETS    
Plant and equipment, net 13,717 22,130
Operating right-of-use assets 393,245
TOTAL ASSETS 1,588,860 1,555,530
CURRENT LIABILITIES    
Accounts payable 13,481 18,534
Accrued expenses, other payable and deposits received 436,864 522,718
Amount due to the related parties 1,548,890 967,372
Amount due to a director 35,352 35,107
Deferred revenues 693,482 1,585,905
Operating lease liabilities, current portion 181,146
Total current liabilities 2,909,215 3,129,636
NON-CURRENT LIABILITIES    
Operating lease liabilities, non-current portion 214,494
TOTAL LIABILITIES 3,123,709 3,129,636
STOCKHOLDERS’ DEFICIT    
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding
Common stock, $0.0001 par value, 600,000,000 shares authorized, 119,956,826 and 119,956,826 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 11,996 11,996
Additional paid-in capital 1,305,614 1,308,646
Accumulated other comprehensive income (69,313) (61,928)
Accumulated deficit (2,783,146) (2,832,820)
TOTAL STOCKHOLDERS’ DEFICIT (1,534,849) (1,574,106)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 1,588,860 $ 1,555,530