Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investment (Tables)

v3.19.3
Equity Method Investment (Tables)
9 Months Ended
Sep. 30, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of equity method investment
Equity investment carrying value at December 31, 2018   $ 385,162  
Epicon's net loss attributable to the Company     (48,353 )
Payment made for equity method investment     116,545  
Foreign currency fluctuation     (17,254 )
Equity investment carrying value at September 30, 2019   $ 436,100  
Schedule of financial information

    September 30,
2019
    December 31,
2018
 
Current assets   $ 51,666     $ 301,714  
Noncurrent assets     241,541       7,015  
Current liabilities     336       38  
Noncurrent liabilities     -       -  
Equity     292,871       308,691  

 

    For the Three Months Ended
September 30,
2019
    For the Nine Months Ended
September 30,
2019
 
Net revenue   $ -     $ -  
Gross profit     -       -  
Loss from operation     63,165       120,882  
Net loss     63,165       120,882