Quarterly report pursuant to Section 13 or 15(d)

Equity Method Investment (Tables)

v3.20.2
Equity Method Investment (Tables)
9 Months Ended
Sep. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of equity method investment
Equity investment carrying amount at January 1, 2020   $ 483,101  
Payment made for equity method investment     28,594  
Epicon's net loss attributable to the Company     (35,382 )
Foreign currency fluctuation     12,061  
Equity investment carrying amount at September 30, 2020   $ 488,374  
Schedule of financial information
    September 30,
2020
    December 31,
2019
 
Current assets   $ 8,414     $ 77,272  
Noncurrent assets     268,969       247,590  
Current liabilities     6,264       324  
Noncurrent liabilities     -       -  
Equity     271,119       324,538  
Schedule of financial information
    For the Three Months Ended September 30,     For the Nine Months Ended September 30,  
    2020     2019     2020     2019  
Net revenue   $ -     $ -     $ -     $ -  
Gross profit     -       -       -       -  
Loss from operation     37,418       63,165       88,587       120,882  
Net loss     37,417       63,165       88,456       120,882