Acquisition of subsidiaries (Tables)

9 Months Ended

Sep. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of assets acquired and liabilities assumed

	Amount
Consideration
Cash	$	50,000
100,000,000 shares of common stock at fair market value		410,000
Total purchase consideration	$	460,000
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash	$	60,324
Other Current assets		198,133
Property, plant and equipment		130,234
Right of use asset		1,772,560
Intangibles		1,789,903
Total assets		3,951,154
Less: liabilities assumed
Current liabilities assumed		(50,040	)
Intercompany advance		(1,140,985	)
Operating lease liabilities assumed		(1,836,151	)
Imputed Deferred taxation on identifiable intangible acquired		(310,645	)
Total liabilities		(3,337,821	)
Net identifiable assets acquired and liabilities assumed		613,333
Fair value of non-controlling interest		(153,333	)
Total	$	460,000

Schedule of revenue and earnings

	Revenue		Earnings
Actual from January 1, 2022 to September 30, 2022	$	3,263,987	$	157,276
2021 Supplemental pro forma from January 1, 2021 to September 30, 2021	$	2,135,092	$	(3,838,726	)