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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (893,701) $ (818,202)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization: 878 1,261
Stock-based compensation for service 3,638 20,337
Gain from write-off of long aged directors' fee payable (107,500)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets, net 254 793
Accounts payable, accrued expenses and other payables 763,871 419,184
Net cash used in operating activities (125,060) (484,127)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from short-term loans 35,165 94,165
Proceeds from private placement 72,750 406,706
Net cash provided by financing activities 107,915 500,871
EFFECT OF EXCHANGE RATE CHANGES ON CASH (29) (184)
NET (DECREASE) INCREASE IN CASH (17,174) 16,560
CASH, BEGINNING OF YEAR 22,684 6,124
CASH, END OF YEAR 5,510 22,684
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Income taxes
Interest $ 44,387 $ 283,105