STOCKHOLDERS’ DEFICIT

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

STOCKHOLDERS’ DEFICIT

NOTE 10.                  STOCKHOLDERS’ DEFICIT

Stock, Options and Warrants Issued for Services

On December 30, 2021, the Board of Director granted an aggregate of 132,172 shares of common stock to the directors of the Company for their services rendered during the year 2021 and 2022. Each director was granted shares of the Company’s common stock and vested in 2021: Earnest Leung, 52,172 shares; Wong Wing Kong, 15,000 shares; and Shirley Cheng, 50,000 shares and Frederick Wong granted 15,000 shares and vested in 2022. In connection with these stock grants and in accordance with ASC Topic 718, the Company recognized $24,000 and $

Restriction on payment of dividends

The Company has not declared any dividends since incorporation.