0001213900-18-010918.txt : 20180814 0001213900-18-010918.hdr.sgml : 20180814 20180814113937 ACCESSION NUMBER: 0001213900-18-010918 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 55 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180814 DATE AS OF CHANGE: 20180814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Technovative Group, Inc. CENTRAL INDEX KEY: 0001523855 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] IRS NUMBER: 383825959 STATE OF INCORPORATION: WY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 333-175148 FILM NUMBER: 181015428 BUSINESS ADDRESS: STREET 1: UNIT 701, 7F, TOWER 2, STREET 2: SILVERCORD, 30 CANTON RD, CITY: TSIM SHA TSUI, KLN, STATE: K3 ZIP: 00000 BUSINESS PHONE: 852 21627529 MAIL ADDRESS: STREET 1: UNIT 701, 7F, TOWER 2, STREET 2: SILVERCORD, 30 CANTON RD, CITY: TSIM SHA TSUI, KLN, STATE: K3 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: Horizon Energy Corp. DATE OF NAME CHANGE: 20130730 FORMER COMPANY: FORMER CONFORMED NAME: Solar America Corp DATE OF NAME CHANGE: 20110621 10-Q 1 f10q0618_technovativegroup.htm QUARTERLY REPORT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 10-Q

 

(Mark One)

☒   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended: June 30, 2018

 

or

 

☐   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from __________________ to __________________

 

Commission File Number:  333-175148

 

Technovative Group, Inc. 

(Exact name of registrant as specified in its charter)

 

Delaware    38-3825959 
(State or other jurisdiction of    (I.R.S. Employer 
incorporation or organization)    Identification No.) 

 

 Unit 701, 7/F, Tower 2, Silvercord,

30 Canton Road, Tsim ShaTsui, KLN, Hong Kong

(Address of Principal Executive Offices)

 

                          Tel. +852 2162 7529                           

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name, former address and former fiscal year, if changed since last report)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒     No ☐

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☐     No ☒

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

  

  Large accelerated filer ☐ Accelerated filer ☐
  Non-accelerated filer ☐ Smaller reporting company ☒
  (Do not check if smaller reporting company) Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act)  Yes ☐     No ☒

 

As of August 13, 2018, the registrant had 90,108,745 shares of common stock, par value $.001 per share, issued and outstanding.

 

 

 

 

 

TABLE OF CONTENTS

 

    Page No.
     
  PART I – FINANCIAL INFORMATION  
     
Item 1. Financial Statements 1
     
  Balance Sheets as of June 30, 2018 (Unaudited) and June 30, 2017 2
     
  Unaudited Statements of Operations and Comprehensive Income for the Six Months Ended June 30, 2018 and 2017 3
     
  Unaudited Statements of Cash Flows for the Six Months Ended June 30, 2018 and 2017 4
     
  Notes to Financial Statements (unaudited) 5
     
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. 14
     
Item 3. Quantitative and Qualitative Disclosures About Market Risk. 17
     
Item 4. Controls and Procedures. 17
     
  PART II – OTHER INFORMATION  
     
Item 1. Legal Proceedings. 18
     
Item 1A.   Risk Factors 18
     
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 18
     
Item 3. Defaults Upon Senior Securities. 18
     
Item 4. Mine Safety Disclosures 18
     
Item 5. Other Information  18
     
Item 6. Exhibits. 18
     
Signatures 19
     

  

i

 

 

PART I – FINANCIAL INFORMATION

 

ITEM 1. FINANCIAL STATEMENTS

 

TECHNOVATIVE GROUP, INC.

 

UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2018 AND 2017

(Stated in US Dollars)

 

INDEX TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

 

  PAGES
   
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS  2
   
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS 3
   
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 4
   
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 5

 

 1 

 

 

TECHNOVATIVE GROUP, INC.

 

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(Stated in US Dollars)

 

   As of 
   June 30,
2018		   December 31,
2017		 
   (Unaudited)     
ASSETS        
CURRENT ASSETS        
Cash and cash equivalents  $112,749   $227,186 
Trade receivables   231,599    - 
Prepayments, deposits and other receivables   714,732    60,718 
Short-term investments   -    176,741 
Total current assets   1,059,080    464,645 
Property and equipment, net   96,468    138,941 
Goodwill   4,033,530    4,033,530 
TOTAL ASSETS  $5,189,078   $4,637,116 
           
LIABILITIES AND STOCKHOLDERS’ EQUITY          
CURRENT LIABILITIES          
Trade payables  $-   $7,283 
Receipt in advance   -    60,414 
Loan from a director   256,410    256,410 
Due to a director   256,786    257,007 
Due to a related party   47,353    - 
Acquisition and contingent consideration payables   1,045,397    3,658,889 
Other payables and accrued liabilities   145,437    138,040 
Total current liabilities   1,751,383    4,378,043 
Acquisition and contingent consideration payables   522,699    522,699 
Total liabilities   2,274,082    4,900,742 
           
STOCKHOLDERS’ EQUITY          
Preferred stock, $0.001 par value, authorized: 10,000,000 shares, nil share issued and outstanding   -    - 
Common stock, $0.001 par value, authorized: 200,000,000 shares, 90,008,745 and 62,723,820 shares respectively issued and outstanding as of June 30, 2018 and December 31, 2017   90,009    62,724 
Additional paid-in capital   6,839,610    2,688,402 
Accumulated losses   (3,971,431)   (3,030,707)
Accumulated other comprehensive income   (43,192)   15,955 
Total stockholders’ equity / (deficit)   2,914,996    (263,626)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY  $5,189,078   $4,637,116 

 

See accompanying notes to unaudited condensed consolidated financial statements

 

 2 

 

 

TECHNOVATIVE GROUP, INC.

 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(Stated in US Dollars)

 

  

For the three months ended

June 30,

  

For the six months ended

June 30,

 
   2018   2017   2018   2017 
   (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
Revenues  $150,650   $1,256   $457,163   $2,112 
Costs of revenues   (21,015)   -    (21,015)   - 
Gross profit   129,635    1,256    436,148    2,112 
                     
Share-based compensation   (341,250)   -    (882,500)   - 
Selling, general and administrative   (305,459)   (202,867)   (570,233)   (461,768)
Total operating expenses   (646,709)   (202,867)   (1,452,733)   (461,768)
                     
Loss from operations   (517,074)   (201,611)   (1,016,585)   (459,656)
                     
Interest income   456    6    1,530    22 
Sundry income   74,331    -    74,331    - 
Total other income   74,787    6    75,861    22 
                     
Loss before income taxes   (442,287)   (201,605)   (940,724)   (459,634)
Income taxes   -    -    -    - 
Net loss  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                     
Other comprehensive income                    
Foreign currency translation adjustments   (68,475)   4,204    (59,147)   (2,548)
Comprehensive loss  $(510,762)  $(197,401)  $(999,871)   (462,182)
                     
Loss per share                    
                     
Basic and diluted loss per common share  $(0.00)  $(0.00)  $(0.01)  $(0.01)
                     
Basic and diluted weighted average common shares outstanding   90,008,745    62,723,820    87,819,689    60,381,279 

 

See accompanying notes to unaudited condensed consolidated financial statements

 

 3 

 

 

TECHNOVATIVE GROUP, INC.

 

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Stated in US Dollars)

 

 

  

For the six months ended

June 30,

 
   2018   2017 
   (Unaudited)   (Unaudited) 
Cash Flows from Operating Activities:        
Net loss  $(940,724)  $(459,634)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation   9,507    19,522 
Written off of property and equipment   34,519    - 
Share-based compensation   882,500    - 
Changes in operating assets and liabilities:          
Trade receivables   (234,844)   - 
Deposits, prepayments and other receivables   29,026    5,317 
Accounts payable   (7,443)   - 
Receipt in advance   (60,586)   - 
Other payables and accrued liabilities   (38,636)   1,094 
Net Cash Used In Operating Activities   (326,681)   (433,701)
           
Cash Flows from Investing Activities:          
Redemption of short-term investments   180,633    - 
Purchase of property and equipment   -    (12,892)
Net Cash Provided by (Used In) Investing Activities   180,633    (12,892)
           
Cash Flows from Financing Activities:          
Advances from a director   817    - 
Advances from a related party   46,331    - 
Net Cash Provided By Financing Activities   47,148    - 
           

Effect of Exchange Rate Changes on Cash and Cash Equivalents

   (15,537)   (6,163)
           
Net Decrease In Cash and Cash Equivalents   (114,437)   (452,756)
Cash and Cash Equivalents at Beginning of Period   227,186    668,566 
Cash and Cash Equivalents at End of Period  $112,749   $215,810 
           

Supplemental Cash Flow Information:

          
Cash paid for interest expense  $-   $- 
Cash paid for income tax  $-   $- 
           

Supplemental Disclosure of Non-Cash Transactions:

          
Issuance of shares for acquisition  $2,613,493   $320,000 
Issuance of shares for services  $1,565,000   $- 

 

See accompanying notes to unaudited condensed consolidated financial statements

 

 4 

 

 

TECHNOVATIVE GROUP, INC.

 

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Stated in US Dollars)

 

1.Organization and Basis of Presentation

 

Technovative Group, Inc. (the “Company,” or “TEHG,” formerly Horizon Energy Corp.) was incorporated in the state of Wyoming on August 12, 2010 under the name “Glacier Point Corp.” On December 6, 2010, the Company filed an amendment with the State of Wyoming to change the name from “Glacier Point Corp.” to “Solar America Corp.” On September 4, 2013, the Company filed an amendment with the State of Wyoming to change the name from “Solar America Corp.” to “Horizon Energy Corp.”

 

Effective on February 26, 2015, the Company amended its Articles of Incorporation to: (i) change the Company’s name from “Horizon Energy Corp.” to “Technovative Group, Inc.” and (ii) implement a 1-for-20 reverse stock split of its issued and outstanding common stock, par value $.001 per share.

 

On April 24, 2015, TEHG, Technovative Group Limited (“TGL”) and the sole stockholder of TGL who owns 100% of the equity interests of TGL (the “TGL Stockholder”) entered into and consummated transactions pursuant to a Share Exchange Agreement (the “Share Exchange Agreement,” such transaction referred to as the “Share Exchange Transaction”), whereby the Company issued to the TGL Stockholder an aggregate of 100,000 shares of its Series A Preferred Stock, par value $0.001 per share (“Series A Preferred Stock”), in exchange for 100% of the TGL equity interest held by the TGL Stockholder. Pursuant to the Share Exchange Agreement, the 100,000 shares of Series A Preferred Stock will automatically convert into 51,500,000 shares of common stock, par value $0.001 per share (“Common Stock”) upon the effectiveness of a 1-for-10 reverse stock split to be conducted by TEHG after the Share Exchange Transaction. As a result of the Share Exchange Transaction, TGL became our direct wholly-owned subsidiary and TGL’s subsidiary, Technovative Asia Limited (“TAL”) became our indirect subsidiary.

 

TGL is a Samoa company incorporated on October 14, 2014. TAL is a Hong Kong company incorporated on November 21, 2014.

 

The Company is a website creation and e-commerce enablement provider for the online presence needs of small to mid-size business retailers.

 

On October 26, 2016, the Company acquired 100% of the outstanding common shares of Innorei Group (Samoa) Limited (“IRG Samoa”), a holding company of Innorei Group Sdn. Bhd. (“IRG Malaysia”) IRG Malaysia was a mobile solutions apps development and information technology service provider. The Company issued 8,000,000 common stock to the vendor at February 22, 2017 as consideration. On April 24, 2018, IRG Samoa transferred all the outstanding common shares of IRG Malaysia to TGL, and the Company dissolved IRG Samoa.

 

On December 27, 2017, the Company entered into a Share Transfer Agreement with several individuals, who are Shareholders of Guangzhou City Hedu Information Technology Co., Ltd (“Hedu”), a People’s Republic of China (“PRC”) company, in exchange for entering into a loan agreement and a series of contractual agreements (the “VIE Agreements”), through the Company’s wholly owned foreign entity, Zhike (Shenzhen) Marketing Technology Co., Ltd (“Zhike”). Zhike was incorporated by the Company in the PRC on August 15, 2017. Pursuant to the VIE Agreements, Hedu became a Variable Interest Entity (the “VIE”) of the Company, via Zhike, and as such, the Company shall control all of Hedu’s business affairs and economic interests through Zhike. Hedu specializes in blockchain and big data analytics technologies.

 

 5 

 

 

Basis of presentation

 

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”).

 

The unaudited condensed consolidated financial statements include the financial statements of all the subsidiaries. All transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation. 

 

Use of estimates

 

The preparation of the unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

Goodwill

 

The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test.

 

Revenue recognition

 

Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable, and collectability is reasonably assured. Revenue is recorded on a gross basis, net of surcharges and value added tax ("VAT").

 

 6 

 

 

Income taxes 

 

The Company utilizes FASB Accounting Standard Codification Topic 740 (“ASC 740”) “Income taxes” (formerly known as SFAS No. 109, "Accounting for Income Taxes"), which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the unaudited condensed consolidated financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

 

ASC 740 “Income taxes” (formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement of Financial Accounting Standards No. 109 (“FIN 48”)) clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in the unaudited condensed consolidated financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the statements of operations. The adoption of ASC 740 did not have a significant effect on the unaudited condensed consolidated financial statements. 

 

Cash and cash equivalents

 

The Company considers all short-term highly liquid investments that are readily convertible to known amounts of cash and have original maturities of six months or less to be cash equivalents.

 

Fair value of financial instruments

 

The carrying values of the Company’s financial instruments, including cash and cash equivalents, deposits, prepayments and other receivables, accounts payable and due to a director approximate their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings approximate their fair values because the applicable interest rates approximate current market rates.

 

 7 

 

 

Plant and equipment

 

Plant and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:

 

Furniture, fixtures and equipment 5 years
Leasehold improvements Shorter of estimated useful life or term of lease
Motor vehicle 4 years

 

Comprehensive income

 

The Company has adopted FASB Accounting Standard Codification Topic 220 (“ASC 220”) “Comprehensive income” (formerly known as SFAS No. 130, “Reporting Comprehensive Income”), which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign currency translation adjustments of the Company.

 

Recent accounting pronouncements

 

Recent accounting pronouncements that the Company has adopted or may be required to adopt in the future are summarized below:

 

The Company does not believe other recently issued but not yet effective accounting standards from ASU 2018-11, if currently adopted, would have a material effect of the unaudited condensed consolidated financial position, results of operation and cash flows.

 

 8 

 

 

2. Going Concern

 

As shown in the unaudited condensed consolidated financial statements, the Company has generated a net loss of $940,724 for the six months ended June 30, 2018 and an accumulated deficit of $3,971,431 as of June 30, 2018. The Company also experienced insufficient cash flows from operations and will be required continuous financial support from the shareholder. The Company will need to raise capital to fund its operations until it is able to generate sufficient revenue to support the future development. Moreover, the Company may be continuously raising capital through the sale of debt and equity securities.

 

The Company’s ability to achieve these objectives cannot be determined at this stage. If the Company is unsuccessful in its endeavors, it may be forced to cease operations. These unaudited condensed consolidated financial statements do not include any adjustments that might result from this uncertainty which may include adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

These factors have raised substantial doubt about the Company’s ability to continue as a going concern. There can be no assurances that the Company will be able to obtain adequate financing or achieve profitability. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

3.Short-Term Investments

 

Short-term investments are highly liquid available-for-sale securities in accounts maintained with commercial banks within the PRC. Interest income earned from the short-term investments for three months ended June 30, 2018 and 2017 were $536 and nil, respectively. Interest income earned from the short-term investments for six months ended June 30, 2018 and 2017 were $1,524 and nil, respectively. As of June 30, 2018, the Company did not have any short-term investments.

 

4.Property and Equipment, Net

 

     As of 
    

June 30,
2018

  

December 31,

2017

 
     (Unaudited)     
           
  Furniture, fixtures and equipment  $141,603   $146,668 
  Leasehold improvements   2,828    45,217 
  Total property and equipment   144,431    191,885 
  Less:  Accumulated depreciation   (47,963)   (52,944)
  Total property and equipment, net  $96,468   $138,941 

 

The depreciation expenses for the three months ended June 30, 2018 and 2017 were $4,839 and $10,047, respectively. The depreciation expenses for the six months ended June 30, 2018 and 2017 were $9,507 and $19,522, respectively.

 

 9 

 

 

5.

Deposits, prepayments and other receivables

 

     As of 
     June 30,
2018		   December 31,
2017		 
     (Unaudited)     
           
  Prepaid share-based compensation expenses  $682,500   $- 
  Other receivables   32,232    60,718 
  Total deposits, prepayments and other receivables  $714,732   $60,718 

 

6.Common Stock

 

On January 12, 2018, the Company issued 26,134,925 common stock to the vendor as consideration of the acquisition of Hedu.

 

From January 2018 to March 2018, the Company issued 1,150,000 common stock to four third parties as consideration of certain professional and investor relation services.

 

On January 18, 2018, the Company granted 100,000 shares of the Company’s common stock to a consultant, in exchange for its investor relation services to the Company for the year 2018.

 

On March 15, 2018, the Company granted 1,050,000 shares of the Company’s common stock to three consultants, in exchange for its professional services to the Company for the year 2018.

 

As of June 30 2018, there were 90,008,745 shares of Common Stock and no shares of preferred stock issued and outstanding.

 

7.Loss Per Share

 

    

For the three months ended

June 30,

  

For the six months ended

June 30,

 
     2018   2017   2018   2017 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
                   
  Net loss attributable to common shareholders for computing basic net loss per common share  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                       
  Weighted average number of common shares outstanding – Basic and diluted   90,008,745    62,723,820    87,819,689    60,381,279 
                       
  Basic and diluted loss per common share  $(0.00)  $(0.00)  $(0.01)  $(0.01)

 

 10 

 

 

8.Income Taxes

 

The Company and its subsidiaries file separate income tax returns.

 

The United States of America

The Company is incorporated in the State of Wyoming in the U.S. and is subject to a gradual U.S. federal corporate income tax. Federal Corporate rate reduced to 21% (from brackets with a maximum tax rate of 35%) as from January 1, 2018. The State of Wyoming does not impose any corporate state income tax.

 

Samoa

TGL and IRG Samoa are incorporated in the Samoa. Under the current laws of the Samoa, TGL and IRG Samoa are not subject to tax on income or capital gains. In addition, upon payments of dividends by TGL and IRG Samoa, no Samoa withholding tax is imposed.

 

Hong Kong

TAL is incorporated in Hong Kong and Hong Kong’s profits tax rate is 16.5%. TAL HK did not earn any income that was derived in Hong Kong for the three and six months ended June 30, 2018 and 2017, and therefore, TAL HK was not subject to Hong Kong profits tax.

 

Malaysia

IRG Malaysia is incorporated in Malaysia and Malaysia’s corporate tax standard rate is 24%. The Company did not generate any income during the six months ended June 30, 2018 and 2017, and therefore not subject to any corporate tax in Malaysia.

 

PRC

Hedu and Zhike are incorporated in the PRC, are governed by the income tax law of the PRC and is subject to PRC enterprise income tax (“EIT”). The EIT rate of PRC is 25%. Effective from January 1, 2008, the PRC’s statutory income tax rate is 25%. Hedu and Zhike did not generate taxable income in the PRC for the three and six months ended June 30, 2018 and 2017.

 

The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. For the three and six months ended June 30, 2018 and 2017, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates. The deferred tax asset has been off-set by an equal valuation allowance.

 

     For the three months ended June 30,   For the six months ended June 30, 
     2018   2017   2018   2017 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
                   
  Loss before income taxes  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                       
  Tax at the income tax rate 25% (2017: 34%)   (110,572)   (68,546)   (235,181)   (156,276)
  Valuation allowance   110,572    68,546    235,181    156,276 
  Income taxes  $-   $-   $-   $- 

 

 11 

 

 

9.Related Parties Transactions

 

Nature of relationships with related parties

 

  Name   Relationships with the Company
  Miss Liang Meihua (Miss Liang)   A director of the Company
  Mr Leung Kam Tim (Mr Leung)   A director of TAL
  Miss Kung Wai Fan Candy (Miss Kung)   Former director of TAL
  Mr Huang, Kewie (Mr Huang)   Chief Technology Officer of the Company
  Spider Comm Sdn Bhd   Former common director of IRG Malaysia

 

Related party balances and transactions

 

On August 2, 2017, the Company entered into a promissory note (the “Note”) with Liang Meihua, the director of the Company since October 21, 2016, in the principal amount of $256,410. The Note shall be due and payable within 12 months (as extended by the holder from time to time) from the issuance date of the Note, and shall be interest free and shall not accrue any interest and bearing interest of 5% if an event of default occurred. On the date when the Company consummates the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000, the Note shall automatically convert into fully paid and non-assessable shares of the Company’s $0.001 par value per share common stock at a conversion price equal to the per share price of the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000. If no sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000 is consummated prior to the maturity date, the holder of the Note shall have the right to convert all or any portion of the outstanding and unpaid principal and interest of this Note into conversion shares at a conversion price of $0.10 per Share. On December 18, 2017, Miss Liang forewent the right of conversion of the Note. As of June 30 2018 and December 31, 2017, the loan payable to Miss Liang was $256,410 and $256,410, respectively.

 

During the six months ended June 30, 2018 and 2017, the Company did not receive advances from Miss Kung. On January 2, 2018, Miss Kung transferred and assigned all her loan receivable of $254,810 from TAL to Mr Leung. As of June 30, 2018 and December 31, 2017, the loan payable balance, without interest and due on demand, to Mr Leung was $256,786 and nil, respectively.

 

During the six months ended June 30, 2018 and 2017, the Company owed advances of $46,331 for disbursements from Mr Huang. As of June 30, 2018 and December 31, 2017, the loan payable balance, without interest and due on demand, to Mr Huang was $47,353 and nil, respectively.

 

Spider Comm Sdn Bhd

 

During the three months ended June 30, 2018 and 2017, the Company incurred rental expenses of $5,321 and $4,723 respectively to Spider Comm Sdn Bhd. During the six months ended June 30, 2018 and 2017, the Company incurred rental expenses of $10,670 and $9,446 respectively to Spider Comm Sdn Bhd.

  

 12 

 

 

10.Share-Based Compensation Expenses

 

On January 18, 2018, the Company granted 100,000 shares of the Company’s common stock to a consultant, in exchange for its investor relation services to the Company for the year 2018. These shares were valued at $2.00 per share, the closing bid price of the Company’s common stock on the date of grant. This compensation expense of $200,000 was recognized in the first quarter of 2018.

 

On March 15, 2018, the Company granted 1,050,000 shares of the Company’s common stock to three consultants, in exchange for its professional services to the Company for the year 2018. These shares were valued at $1.30 per share, the closing bid price of the Company’s common stock on the date of grant. Compensation expense of $682,500 was recognized in the first half year of 2018.

 

Total share compensation expenses recognized in the general and administrative expenses of the unaudited condensed consolidated statements of operations for the three months ended June 30, 2018 and 2017 was $341,250 and nil, respectively, and for the six months ended June 30, 2018 and 2017 was $882,500 and nil, respectively.

 

11.Commitments and Contingencies

 

Operating lease

 

The Company leases a number of properties under operating leases. Rental expenses under operating leases for the three months ended June 30, 2018 and 2017 were $5,321 and $5,883 respectively. Rental expenses under operating leases for the six months ended June 30, 2018 and 2017 were $24,148 and $33,161, respectively.

 

As of June 30 2018, the Company was obligated under non-cancellable operating leases minimum rentals as follows:

 

  Twelve months ended June 30, 2018,    
  2019  $82,918 
  2020   29,699 
  Thereafter   - 
  Total minimum lease payments  $112,617 

 

Legal proceeding

 

There has been no legal proceeding in which the Company is a party for the six months ended June 30, 2018.

 

12.Subsequent Events

 

There were no events or transactions that would require recognition or disclosure in our unaudited condensed consolidated financial statements for the six months ended June 30, 2018.

 

 13 

 

 

ITEM 2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

 

The following discussion of our financial condition and results of operations should be read in conjunction with our unaudited condensed consolidated financial statements and the notes to those financial statements appearing elsewhere in this Report.

 

Certain statements in this Report constitute forward-looking statements. These forward-looking statements include statements, which involve risks and uncertainties, regarding, among other things, (a) our projected sales, profitability, and cash flows, (b) our growth strategy, (c) anticipated trends in our industry, (d) our future financing plans, and (e) our anticipated needs for, and use of, working capital. They are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plan,” “potential,” “project,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” or the negative of these words or other variations on these words or comparable terminology. In light of these risks and uncertainties, there can be no assurance that the forward-looking statements contained in this filing will in fact occur. You should not place undue reliance on these forward-looking statements.

 

The forward-looking statements speak only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.

 

The “Company,” “we,” “us,” or “our,” are references to the combined business of (i) Technovative Group, Inc., a Delaware corporation (“TEHG”), (ii) Technovative Group Limited, a company incorporated under the laws of Samoa and a wholly-owned subsidiary of TEHG (“TGL”), (iii) Technovative Asia Limited, a company incorporated under the laws of Hong Kong and a wholly-owned subsidiary of TGL (“TAL”), (iv) Innorei Group (Samoa) Limited, a company incorporated under the laws of Samoa and a wholly-owned subsidiary of TEHG (“IRG Samoa”), (v) Innorei Group Sdn Bhd, a company incorporated under the laws of Malaysia and a wholly owned subsidiary of IRG Samoa (“IRG”), (vi) Zhike (Shenzhen) Corporate Marketing Co., Ltd, a company incorporated under the laws of PRC and a wholly-owned subsidiary of TAL (“Zhike”), and (vii) Guangzhou City Hedu Information Technology Co., Ltd, contractually controlled affiliate of Zhike formed under the laws of the PRC (“Hedu”).

 

Overview

  

Technovative Group Inc. (“TEHG”) is a holding company that is a technology software development company through its subsidiaries and consolidated variable interest entity. TEHG’s operating entity, Hedu.ai, provides Distributed Ledger Transaction solutions and Big Data analytics services in the Greater China Region (“GCR”) and the Southeast Asia Region to various enterprise clients with a focus on financial service institutions (“FSI”). Additional services that Hedu.ai provides include Artificial Intelligence and Cloud Computing solutions.

 

Hedu.ai charges a service fee on its enterprise clients based upon the complexity of the projects and solutions, as well as number of users and volume of resources consumed.

 

Providing customized technology development solutions to enterprise clients also enables Hedu.ai to further develop its existing proprietary technologies such as Hedu SmartSuite™ and its core product for the consumer market, an Artificial Intelligence Chatbot. The Chatbot enables users to manage their entire financial life, from monitoring spending to saving and sending money, all from the familiar interface of instant messenger platform. Our proprietary Chatbot uses state of the art machine learning technology to interpret complex data to answer questions in real time. The revenue streams of the Chatbot are divided as: 1) subscription; 2) referral fees; 3) ad serving; and, 4) data analytics and market research.

 

As of June 30, 2018 and December 31, 2017, our total accumulated deficits, including accumulated deficit during development stage, were ($3,971,431) and ($3,030,707), respectively. Our stockholders’ equity was $2,914,996 and ($263,626), respectively. The Company also experienced insufficient cash flows from operations and will be required to obtain continuous financial support from the shareholders. The Company will need to raise capital to fund its operations until it is able to generate sufficient revenue to support the future development. Moreover, the Company may be continuously raising capital through the sale of debt and equity securities. The Company’s ability to achieve these objectives cannot be determined at this stage. If the Company is unsuccessful in its endeavors, it may be forced to cease operations. These factors have raised substantial doubt about the Company’s ability to continue as a going concern. There can be no assurances that the Company will be able to obtain adequate financing or achieve profitability. The financial statements included elsewhere in this Report do not include any adjustments that might result from the outcome of this uncertainty.

 

Results of Operations

 

For the three months ended June 30, 2018 compared with the three months ended June 30, 2017  

 

Gross Revenues

 

The Company received sales revenues of $150,650 in the three months ended June 30, 2018 and compared to $1,256 in the three months ended June 30, 2017.

 

 14 

 

 

Operating Expenses

 

Operating expenses for the three months ended June 30, 2018 and June 30, 2017 were $646,709 and $202,867, respectively. The expenses consisted of sales and marketing, research and development, payroll and benefits, filing fees, professional fees, payroll and benefits, and other general expenses which the share-based compensation amounted $341,250 is the most significant expense.

 

We expect that our general and administrative expenses will continue to increase as we will incur additional costs to support the growth of our business.

 

Net Profit (Loss)

 

Net losses for the three months ended June 30, 2018 and June 30, 2017, were ($442,287) and ($201,605), respectively. Basic and diluted net loss per share from continuing operations amounted (0.00) and (0.00) respectively for the three months ended June 30, 2018 and June 30, 2017 after taking into consideration and retroactively restating to reflect the 1-for-20 reverse stock split effected on March 2, 2015 and the 1-for-10 reverse stock split effected on May 11, 2015.

 

The $240,682 increase in net loss for the three months ended June 30, 2018 compared to the three months ended June 30, 2017 was due to an increase in selling, general and administrative expenses with continuous financial resources input and where the share-based compensation that amounted to $341,250 was the most significant expense.

 

For the six months ended June 30, 2018 compared with the six months ended June 30, 2017

 

Gross Revenues

 

The Company received sales revenues of $457,163 in the six months ended June 30, 2018 and compared to $2,112 in the six months ended June 30, 2017.

 

Operating Expenses

 

Operating expenses for the six months ended June 30, 2018 and June 30, 2017 were $1,452,733 and $461,768, respectively. The expenses consisted of sales and marketing, research and development, payroll and benefits, filing fees, professional fees, payroll and benefits, and other general expenses where the share-based compensation that amounted to $882,500 was the most significant expense.

 

We expect that our general and administrative expenses will continue to increase as we will incur additional costs to support the growth of our business.

 

Net Profit (Loss)

 

Net losses for the six months ended June 30, 2018 and June 30, 2017, were ($940,724) and ($459,634), respectively. Basic and diluted net loss per share from continuing operations amounted (0.01) and (0.01) respectively for the six months ended June 30, 2018 and June 30, 2017 after taking into consideration and retroactively restating to reflect the 1-for-20 reverse stock split effected on March 2, 2015 and the 1-for-10 reverse stock split effected on May 11, 2015.

 

The $481,090 increase in net loss for the six months ended June 30, 2018 compared with the six months ended June 30, 2017 was due to an increase in selling, general and administrative expenses with continuous financial resources input and which the share-based compensation amounted $882,500 is the most significant expense.  

 15 

 

 

Liquidity and Capital Resources

 

As of June 30, 2018, we had a working capital deficit of $692,303, consisting of cash on hand of $112,749 as compared to a working capital deficit of $3,913,398 and cash on hand of $227,186 as of December 31, 2017.

 

Net cash used in operating activities for the six months ended June 30, 2018 was $326,681 as compared to net cash used in operating activities of $433,701 for the six months ended June 30, 2017. The cash used in operating activities are mainly for sales and marketing, R & D, payroll and benefits, depreciation, written off of property and equipment, filing fees, professional fees, and general expenses.

 

Net cash provided by investing activities for the six months ended June 30, 2018 was $180,633 as compared to net cash used in investing activities of $12,892 for the six months ended June 30, 2017. The difference was derived from investing activities on redemption of short-term investments and purchase of property and equipment.

 

Net cash provided by financing activities for the six months ended June 30, 2018 was $47,148 as compared to nil for the six months ended June 30, 2017 derived from advances from a director and a related party.

 

Critical Accounting Policies and Estimates

 

Use of Estimates

 

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at dates of the financial statements and the reported amounts of revenue and expenses during the periods. Actual results could differ from these estimates. Our significant estimates and assumptions include depreciation and the fair value of our stock, stock-based compensation, debt discount and the valuation allowance relating to the Company’s deferred tax assets.

 

Recently Issued Accounting Pronouncements

 

Reference is made to the “Recent Accounting Pronouncements” in Note 1 to the Financial Statements included in this Report for information related to new accounting pronouncement, none of which had a material impact on our consolidated financial statements, and the future adoption of recently issued accounting pronouncements, which we do not expect will have a material impact on our consolidated financial statements.

 

Off-Balance Sheet Arrangements

 

As of June 30, 2018, we did not have any off-balance sheet arrangements.

 

 16 

 

 

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

 

Pursuant to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as it is a “smaller reporting company,” as defined by Rule 229.10(f)(1). 

 

ITEM 4. CONTROLS AND PROCEDURES

 

Disclosures Control and Procedures

 

Disclosure controls are procedures that are designed with the objective of ensuring that information required to be disclosed in our reports filed under the Exchange Act, such as this Form 10-Q, is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls are also designed with the objective of ensuring that such information is accumulated and communicated to our management, including the Chief Executive Officer (CEO) and Chief Financial Officer (CFO), as appropriate to allow timely decisions regarding required disclosure.

 

We performed an evaluation, under the supervision and with the participation of our management, including our CEO and CFO, of the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this Form 10-Q. Based on this evaluation, our CEO and CFO have concluded that, as of June 30, 2018, our disclosure controls and procedures were not effective to ensure that information required to be disclosed in reports filed under the Exchange Act is recorded, processed, summarized and reported properly within the time periods specified by the SEC, and did not provide reasonable assurance that information required to be disclosed by the Company in such reports would be accumulated and communicated to the Company’s management, including its CEO and CFO, as appropriate, to allow timely decisions regarding required disclosure. Such conclusion was based solely on the fact that the Company’s did not have effective internal control over financial reporting as of June 30, 2018, due to certain factors, including but not limited to, the lack of segregation of duties as the CEO and CFO roles are served by the same person, and the Company does not have a Chief Financial Officer that is familiar with the accounting and reporting requirements of a U.S. publicly-listed company, nor does it have a financial staff with accounting and financial expertise in U.S. generally accepted accounting principles (“US GAAP”) reporting. The Company is actively searching for a Chief Financial Officer with significant experience in public reporting company and a financial staff with expertise in US GAAP reporting.

 

Changes in internal controls over financial reporting

 

There have been no changes in our internal controls over financial reporting during the three months ended June 30, 2018, that have materially affected, or is reasonably likely to materially affect, our internal controls over financial reporting.

 

This quarterly report does not include an attestation report of the Company’s registered independent public accounting firm regarding internal control over financial reporting.  Management’s report was not subject to attestation by the Company’s registered independent public accounting firm pursuant to rules of the Securities and Exchange Commission that permit the Company to provide only management’s report in this quarter report on Form 10-Q.

 

 17 

 

 

PART II – OTHER INFORMATION

 

ITEM 1.  LEGAL PROCEEDINGS.

 

None.

 

ITEM 1A. RISK FACTORS.

 

Not applicable to a smaller reporting company.

 

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

 

On July 12, 2018, the Company issued 100,000 shares of the Company’s common stock to TraDigital Marketing Group, Inc., a service provider of the Company, equivalent to $100,000 worth of services provided from January to June 2018. All of the securities referenced above are offered and issued in reliance upon the exemption from registration pursuant to the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and Regulation D promulgated thereunder.

 

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

 

None.

 

ITEM 4. MINE SAFETY DISCLOSURES.

 

Not applicable.

 

ITEM 5. OTHER INFORMATION.

 

None.

 

ITEM 6.  EXHIBITS.

 

31.1   Certification of Chief Executive Officer pursuant to Exchange Act Rule 13a-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002;**
     
31.2    Certification of Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002;**
     
32.1   Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002***
     
32.2   Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002***
     
101.INS   XBRL Instance*
     
101.SCH   XBRL Schema*
     
101.CAL   XBRL Calculation*
     
101.DEF   XBRL Definition*
     
101.LAB   XBRL Label*
     
101.PRE   XBRL Presentation*

  

**

***

Filed herewith

Furnished herewith

 

 18 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  Technovative Group, Inc.
     
Date: August 14, 2018 By: /s/ Lin Kuan Liang Nicolas
  Name: Lin Kuan Liang Nicolas
  Title:

Chief Executive Officer, President,

Treasurer, Secretary, Director

    (Principal Executive and Financial Officer)

 

 

19

 

 EX-31.1 2 f10q0618ex31-1_technovative.htm CERTIFICATION

 

Exhibit 31.1

 

Certification of Chief Executive Officer pursuant to Exchange Act Rule 13a-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 

 

I, Lin Kuan Liang Nicolas, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q for the period ended March 31, 2018 of Technovative Group, Inc.;
   
2 Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
3 Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
4 The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
     
  a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
     
5 The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors:
   
  a.   All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

Date: August 14, 2018 By: /s/ Lin Kuan Liang Nicolas
   

Lin Kuan Liang Nicolas

Chief Executive Officer

(Principal Executive Officer)

 

 EX-31.2 3 f10q0618ex31-2_technovative.htm CERTIFICATION

 

Exhibit 31.2

 

Certification of Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

 

I, Lin Kuan Liang Nicolas, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q for the period ended March 31, 2018 of Technovative Group, Inc.;
   
2 Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
3 Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
4 The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
     
  a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
     
  c. Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d. Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
     
5 The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors:
   
  a.   All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  b.   Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

 

 

 

Date: August 14, 2018 By: /s/ Lin Kuan Liang Nicolas
   

Lin Kuan Liang Nicolas

Chief Financial Officer

(Principal Financial and Accounting Officer)

 

 EX-32.1 4 f10q0618ex32-1_technovative.htm CERTIFICATION

Exhibit 32.1

 

Certification of Chief Executive Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

 

I, Lin Kuan Liang Nicolas, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, that:

 

  1. The Quarterly Report on Form 10-Q of Technovative Group, Inc. (the “Company”) for the period ended March 31, 2018 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (U.S.C. 78m or 78o(d)); and

 

  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: August 14, 2018 By: /s/ Lin Kuan Liang Nicolas
    Lin Kuan Liang Nicolas
   

Chief Executive Officer

(Principal Executive Officer)

 

The foregoing certification is being furnished solely pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code) and is not being filed as part of a separate disclosure document.

 EX-32.2 5 f10q0618ex32-2_technovative.htm CERTIFICATION

Exhibit 32.2

 

Certification of Chief Financial Officer pursuant to 18 U.S.C. 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

 

 

I, Lin Kuan Liang Nicolas, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350, that:

 

  1. The Quarterly Report on Form 10-Q of Technovative Group, Inc. (the “Company”) for the period ended March 31, 2018 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (U.S.C. 78m or 78o(d)); and

 

  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: August 14, 2018 By: /s/ Lin Kuan Liang Nicolas
    Lin Kuan Liang Nicolas
   

Chief Financial Officer

(Principal Financial and Accounting Officer)

 

The foregoing certification is being furnished solely pursuant to section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code) and is not being filed as part of a separate disclosure document.

 EX-101.INS 6 tehg-20180630.xml XBRL INSTANCE FILE 0001523855 2018-01-01 2018-06-30 0001523855 2017-03-31 0001523855 2017-12-31 0001523855 2018-06-30 0001523855 2016-12-31 0001523855 us-gaap:SeriesAPreferredStockMember 2015-04-24 0001523855 us-gaap:ParentMember 2015-02-26 0001523855 us-gaap:CommonStockMember 2015-04-24 0001523855 2017-01-01 2017-06-30 0001523855 tehg:ProfessionalServicesMember 2018-01-01 2018-06-30 0001523855 us-gaap:FurnitureAndFixturesMember 2018-01-01 2018-06-30 0001523855 us-gaap:VehiclesMember 2018-01-01 2018-06-30 0001523855 us-gaap:LeaseholdImprovementsMember 2018-01-01 2018-06-30 0001523855 us-gaap:ParentMember 2015-02-01 2015-02-26 0001523855 us-gaap:CommonStockMember 2015-04-01 2015-04-24 0001523855 2015-04-24 0001523855 2016-10-01 2016-10-26 0001523855 us-gaap:CommonStockMember tehg:VendorsMember 2017-02-01 2017-02-22 0001523855 tehg:VendorMember 2018-01-05 2018-01-12 0001523855 us-gaap:FurnitureAndFixturesMember 2017-12-31 0001523855 us-gaap:LeaseholdImprovementsMember 2017-12-31 0001523855 us-gaap:FurnitureAndFixturesMember 2018-06-30 0001523855 us-gaap:LeaseholdImprovementsMember 2018-06-30 0001523855 tehg:InvestorRelationServicesMember 2018-01-05 2018-01-18 0001523855 tehg:ProfessionalServicesMember 2018-03-01 2018-03-15 0001523855 country:MY 2018-01-01 2018-06-30 0001523855 srt:MaximumMember country:US 2018-01-01 2018-06-30 0001523855 srt:MinimumMember country:US 2018-01-01 2018-06-30 0001523855 country:HK 2018-01-01 2018-06-30 0001523855 country:CN 2018-01-01 2018-06-30 0001523855 2017-08-02 0001523855 2017-07-28 2017-08-02 0001523855 tehg:SpiderCommSdnBhdMember 2017-01-01 2017-06-30 0001523855 tehg:SpiderCommSdnBhdMember 2018-01-01 2018-06-30 0001523855 tehg:MissKungMember 2018-01-02 0001523855 tehg:InvestorRelationServicesMember 2018-01-18 0001523855 tehg:ProfessionalServicesMember 2018-03-15 0001523855 us-gaap:DirectorMember 2017-12-31 0001523855 tehg:DirectorOneMember 2017-12-31 0001523855 tehg:DirectorOneMember 2018-06-30 0001523855 2017-04-01 2017-06-30 0001523855 2018-04-01 2018-06-30 0001523855 2017-06-30 0001523855 tehg:SpiderCommSdnBhdMember 2018-04-01 2018-06-30 0001523855 tehg:SpiderCommSdnBhdMember 2017-04-01 2017-06-30 0001523855 tehg:MrHuangMember 2018-06-30 0001523855 tehg:MrHuangMember 2017-06-30 0001523855 tehg:MrHuangMember 2018-01-01 2018-06-30 0001523855 tehg:MrHuangMember 2017-01-01 2017-06-30 0001523855 tehg:InvestorRelationServicesMember 2018-01-01 2018-03-31 0001523855 tehg:MrLeungMember 2018-06-30 0001523855 tehg:MrLeungMember 2017-12-31 0001523855 tehg:ProfessionalAndInvestorRelationServicesMember 2018-01-01 2018-03-31 0001523855 2018-08-13 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure tehg:Consultants Technovative Group, Inc. 0001523855 TEHG false --12-31 10-Q 2018-06-30 Q2 2018 Smaller Reporting Company 90108745 398907 227186 112749 668566 215810 231599 60718 714732 176741 464645 1059080 138941 96468 4033530 4033530 4637116 5189078 7283 60414 256410 256410 257007 256786 3658889 1045397 138040 145437 4378043 1751383 522699 522699 4900742 2274082 62724 90009 2688402 6839610 -3030707 -3971431 15955 -43192 -263626 2914996 4637116 5189078 0.001 0.001 0.001 10000000 10000000 0.001 0.001 0.001 0.001 200000000 200000000 62723820 90008745 62723820 90008745 457163 2112 1256 150650 21015 21015 436148 2112 1256 129635 570233 461768 202867 305459 -1016585 -459656 -201611 -517074 1530 22 6 456 -940724 -459634 -201605 -442287 -940724 -459634 -201605 -442287 -59147 -2548 4204 -68475 -999871 -462182 -197401 -510762 -0.01 -0.01 0 0 87819689 60381279 62723820 90008745 9507 19522 10047 4839 34519 882500 682500 341250 200000 234844 -29026 -5317 -7443 -60586 -326681 -433701 180633 12892 46331 46331 46331 47148 -15537 -6163 -114437 -452756 2613493 320000 1565000 <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"><td style="width: 0.5in"><b>1.</b></td><td><b>Organization and Basis of Presentation</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Technovative Group, Inc. (the &#8220;Company,&#8221; or &#8220;TEHG,&#8221; formerly Horizon Energy Corp.) was incorporated in the state of Wyoming on August 12, 2010 under the name &#8220;Glacier Point Corp.&#8221; On December 6, 2010, the Company filed an amendment with the State of Wyoming to change the name from &#8220;Glacier Point Corp.&#8221; to &#8220;Solar America Corp.&#8221; On September 4, 2013, the Company filed an amendment with the State of Wyoming to change the name from &#8220;Solar America Corp.&#8221; to &#8220;Horizon Energy Corp.&#8221;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Effective on February 26, 2015, the Company amended its Articles of Incorporation to: (i) change the Company&#8217;s name from &#8220;Horizon Energy Corp.&#8221; to &#8220;Technovative Group, Inc.&#8221; and (ii) implement a 1-for-20 reverse stock split of its issued and outstanding common stock, par value $.001 per share.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On April 24, 2015, TEHG, Technovative Group Limited (&#8220;TGL&#8221;)&#160;and the sole stockholder of TGL&#160;who owns 100% of the equity interests of&#160;TGL (the &#8220;TGL Stockholder&#8221;) entered into and consummated transactions pursuant to a Share Exchange Agreement (the &#8220;Share Exchange Agreement,&#8221; such transaction referred to as the &#8220;Share Exchange Transaction&#8221;), whereby the Company issued to the TGL Stockholder an aggregate of 100,000 shares of its Series A Preferred Stock, par value $0.001 per share (&#8220;Series A Preferred Stock&#8221;), in exchange for 100% of the TGL equity interest&#160;held by the TGL Stockholder. Pursuant to the Share Exchange Agreement, the 100,000 shares of Series A Preferred Stock will automatically convert into 51,500,000 shares of common stock, par value $0.001 per share (&#8220;Common Stock&#8221;) upon the effectiveness of a 1-for-10 reverse stock split to be conducted by TEHG after the Share Exchange Transaction. As a result of the Share Exchange Transaction,&#160;TGL became&#160;our direct wholly-owned subsidiary and TGL&#8217;s subsidiary, Technovative Asia Limited (&#8220;TAL&#8221;) became our indirect subsidiary.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">TGL is a Samoa company incorporated on October 14, 2014. TAL is a Hong Kong company incorporated on November 21, 2014.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company is a website creation and e-commerce enablement provider for the online presence needs of small to mid-size business retailers.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On October 26, 2016, the Company acquired 100% of the outstanding common shares of Innorei Group (Samoa) Limited (&#8220;IRG Samoa&#8221;), a holding company of Innorei Group Sdn. Bhd. (&#8220;IRG Malaysia&#8221;) IRG Malaysia was a mobile solutions apps development and information technology service provider. The Company issued 8,000,000 common stock to the vendor at February 22, 2017 as consideration. On April 24, 2018, IRG Samoa transferred all the outstanding common shares of IRG Malaysia to TGL, and the Company dissolved IRG Samoa.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">On December 27, 2017, the Company entered into a Share Transfer Agreement with several individuals, who are Shareholders of Guangzhou City Hedu Information Technology Co., Ltd (&#8220;Hedu&#8221;), a People&#8217;s Republic of China (&#8220;PRC&#8221;) company, in exchange for entering into a loan agreement and a series of contractual agreements (the &#8220;VIE Agreements&#8221;), through the Company&#8217;s wholly owned foreign entity, Zhike (Shenzhen) Marketing Technology Co., Ltd (&#8220;Zhike&#8221;). Zhike was incorporated by the Company in the PRC on August 15, 2017. Pursuant to the VIE Agreements, Hedu became a Variable Interest Entity (the &#8220;VIE&#8221;) of the Company, via Zhike, and as such, the Company shall control all of Hedu&#8217;s business affairs and economic interests through Zhike. Hedu specializes in blockchain and big data analytics technologies.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Basis of presentation</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The unaudited condensed consolidated financial statements include the financial statements of all the subsidiaries. All transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Use of estimates</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of the unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.05pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Goodwill</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.05pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.05pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Revenue recognition</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable, and collectability is reasonably assured. Revenue is recorded on a gross basis, net of surcharges and value added tax (&#34;VAT&#34;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Income taxes</u>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company utilizes FASB Accounting Standard Codification Topic 740 (&#8220;ASC 740&#8221;) &#8220;Income taxes&#8221; (formerly known as SFAS No. 109, &#34;Accounting for Income Taxes&#34;), which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the unaudited condensed consolidated financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">ASC 740 &#8220;Income taxes&#8221; (formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement of Financial Accounting Standards No. 109 (&#8220;FIN 48&#8221;)) clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in the unaudited condensed consolidated financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the statements of operations. The adoption of ASC 740 did not have a significant effect on the unaudited condensed consolidated financial statements.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.05pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Cash and cash equivalents</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company considers all short-term highly liquid investments that are readily convertible to known amounts of cash and have original maturities of six months or less to be cash equivalents.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.35pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Fair value of financial instruments</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The carrying values of the Company&#8217;s financial instruments, including cash and cash equivalents, deposits, prepayments and other receivables, accounts payable and due to a director approximate their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings approximate their fair values because the applicable interest rates approximate current market rates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Plant and equipment</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Plant and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 9.35pt">&#160;</p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 0.5in; background-color: White"></td> <td style="text-align: left; width: 35%">Furniture, fixtures and equipment </td> <td>5 years</td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; background-color: White"></td> <td style="text-align: left">Leasehold improvements</td> <td>Shorter of estimated useful life or term of lease</td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; background-color: White"></td> <td style="text-align: left">Motor vehicle</td> <td>4 years</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Comprehensive income</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company has adopted FASB Accounting Standard Codification Topic 220 (&#8220;ASC 220&#8221;) &#8220;Comprehensive income&#8221; (formerly known as SFAS No. 130, &#8220;Reporting Comprehensive Income&#8221;), which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign currency translation adjustments of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Recent accounting pronouncements </u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Recent accounting pronouncements that the Company has adopted or may be required to adopt in the future are summarized below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company does not believe other recently issued but not yet effective accounting standards from ASU 2018-11, if currently adopted, would have a material effect of the unaudited condensed consolidated financial position, results of operation and cash flows.</p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"><td style="text-align: justify; width: 0.5in"><b>2.</b></td> <td style="text-align: justify"><b>Going Concern</b></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">As shown in the unaudited condensed consolidated financial statements, the Company has generated a net loss of $940,724 for the six months ended June 30, 2018 and an accumulated deficit of $3,971,431 as of June 30, 2018. The Company also experienced insufficient cash flows from operations and will be required continuous financial support from the shareholder. The Company will need to raise capital to fund its operations until it is able to generate sufficient revenue to support the future development. Moreover, the Company may be continuously raising capital through the sale of debt and equity securities.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company&#8217;s ability to achieve these objectives cannot be determined at this stage. If the Company is unsuccessful in its endeavors, it may be forced to cease operations. These unaudited condensed consolidated financial statements do not include any adjustments that might result from this uncertainty which may include adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">These factors have raised substantial doubt about the Company&#8217;s ability to continue as a going concern. There can be no assurances that the Company will be able to obtain adequate financing or achieve profitability. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"><td style="width: 0.5in"><b>3.</b></td><td><b>Short-Term Investments</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Short-term investments are highly liquid available-for-sale securities in accounts maintained with commercial banks within the PRC. Interest income earned from the short-term investments for three months ended June 30, 2018 and 2017 were $536 and nil, respectively. Interest income earned from the short-term investments for six months ended June 30, 2018 and 2017 were $1,524 and nil, respectively. As of June 30, 2018, the Company did not have any short-term investments.</p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"><td style="width: 0.5in"><b>4.</b></td><td><b>Property and Equipment, Net</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">June&#160;30,<br /> 2018</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">December&#160;31,</p> <p style="margin-top: 0; margin-bottom: 0">2017</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Furniture, fixtures and equipment</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">141,603</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">146,668</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Leasehold improvements</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">2,828</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">45,217</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Total property and equipment</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">144,431</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">191,885</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Less:&#160;&#160;Accumulated depreciation</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(47,963</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(52,944</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Total property and equipment, net</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">96,468</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">138,941</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The depreciation expenses for the three months ended June 30, 2018 and 2017 were $4,839 and $10,047, respectively. The depreciation expenses for the six months ended June 30, 2018 and 2017 were $9,507 and $19,522, respectively.</p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"><td style="width: 0.5in"><p style="margin-top: 0; margin-bottom: 0"></p> <p style="margin-top: 0; margin-bottom: 0"><b>5.</b></p></td><td><b>Deposits, prepayments and other receivables</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">June&#160;30,<br /> 2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December&#160;31,<br /> 2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Prepaid share-based compensation expenses</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">682,500</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Other receivables</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">32,232</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">60,718</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Total deposits, prepayments and other receivables</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">714,732</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">60,718</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr></table> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"><td style="width: 0.5in"><b>6.</b></td><td><b>Common Stock</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.05pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On January 12, 2018, the Company issued 26,134,925 common stock to the vendor as consideration of the acquisition of Hedu.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">From January 2018 to March 2018, the Company issued 1,150,000 common stock to four third parties as consideration of certain professional and investor relation services.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On January 18, 2018, the Company granted 100,000 shares of the Company&#8217;s common stock to a consultant, in exchange for its investor relation services to the Company for the year 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On March 15, 2018, the Company granted 1,050,000 shares of the Company&#8217;s common stock to three consultants, in exchange for its professional services to the Company for the year 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">As of June 30 2018, there were 90,008,745 shares of Common Stock and no shares of preferred stock issued and outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"> <td style="width: 0.5in"><b>7.</b></td><td><b>Loss Per Share</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&#160;</p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">For&#160;the&#160;three&#160;months&#160;ended</p> <p style="margin-top: 0; margin-bottom: 0">June 30,</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">For the six months ended</p> <p style="margin-top: 0; margin-bottom: 0">June 30,</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Net loss attributable to common shareholders for computing basic net loss per common share</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(442,287</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(201,605</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(940,724</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(459,634</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="padding-left: 1.4pt">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Weighted average number of common shares outstanding &#8211; Basic and diluted</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">90,008,745</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">62,723,820</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">87,819,689</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">60,381,279</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="padding-left: 1.4pt">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Basic and diluted loss per common share</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.00</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.00</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.01</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.01</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"><td style="width: 0.5in"><b>8.</b></td><td><b>Income Taxes</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company and its subsidiaries file separate income tax returns.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.05pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>The United States of America</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company is incorporated in the State of Wyoming in the U.S. and is subject to a gradual U.S. federal corporate income tax. Federal Corporate rate reduced to 21% (from brackets with a maximum tax rate of 35%) as from January 1, 2018. The State of Wyoming does not impose any corporate state income tax.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.05pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Samoa</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">TGL and IRG Samoa are incorporated in the Samoa. Under the current laws of the Samoa, TGL and IRG Samoa are not subject to tax on income or capital gains. In addition, upon payments of dividends by TGL and IRG Samoa, no Samoa withholding tax is imposed.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.05pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Hong Kong</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">TAL is incorporated in Hong Kong and Hong Kong&#8217;s profits tax rate is 16.5%. TAL HK did not earn any income that was derived in Hong Kong for the three and six months ended June 30, 2018 and 2017, and therefore, TAL HK was not subject to Hong Kong profits tax.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Malaysia</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">IRG Malaysia is incorporated in Malaysia and Malaysia&#8217;s corporate tax standard rate is 24%. The Company did not generate any income during the six months ended June 30, 2018 and 2017, and therefore not subject to any corporate tax in Malaysia.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>PRC</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Hedu and Zhike are incorporated in the PRC, are governed by the income tax law of the PRC and is subject to PRC enterprise income tax (&#8220;EIT&#8221;). The EIT rate of PRC is 25%. Effective from January 1, 2008, the PRC&#8217;s statutory income tax rate is 25%. Hedu and Zhike did not generate taxable income in the PRC for the three and six months ended June 30, 2018 and 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. For the three and six months ended June 30, 2018 and 2017, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates. The deferred tax asset has been off-set by an equal valuation allowance.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 28.2pt; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">For&#160;the&#160;three&#160;months&#160;ended June 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">For the six months ended June 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: justify; padding-bottom: 1.5pt; padding-left: 1.4pt">Loss before income taxes</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(442,287</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(201,605</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(940,724</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(459,634</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="padding-left: 1.4pt">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Tax at the income tax rate 25% (2017: 34%)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(110,572</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(68,546</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(235,181</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(156,276</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Valuation allowance</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">110,572</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">68,546</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">235,181</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">156,276</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Income taxes</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"><td style="width: 0.5in"><b>9.</b></td><td><b>Related Parties Transactions</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.1pt; text-indent: -27.1pt"><b>&#160;</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><i>Nature of relationships with related parties</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p> <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 0.5in; padding: 0 0 1.5pt; background-color: White">&#160;</td> <td style="padding-top: 0; padding-right: 0; border-bottom: Black 1.5pt solid; padding-left: 0; text-align: justify"><font style="font-size: 10pt">Name</font></td> <td style="padding-bottom: 1.5pt; width: 2%">&#160;</td> <td style="width: 55%; padding-top: 0; padding-right: 0; border-bottom: Black 1.5pt solid; padding-left: 0; text-align: justify"><font style="font-size: 10pt">Relationships with the Company</font></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding: 0; background-color: White">&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Miss Liang Meihua (Miss Liang)</font></td> <td>&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">A director of the Company</font></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding: 0; background-color: White">&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Mr Leung Kam Tim (Mr Leung)</font></td> <td>&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">A director of TAL</font></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding: 0; background-color: White">&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Miss Kung Wai Fan Candy (Miss Kung)</font></td> <td>&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Former director of TAL</font></td></tr> <tr style="vertical-align: top; background-color: White"> <td style="padding: 0; background-color: White">&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Mr Huang, Kewie (Mr Huang)</font></td> <td>&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Chief Technology Officer of the Company</font></td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="padding: 0; background-color: White">&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Spider Comm Sdn Bhd</font></td> <td>&#160;</td> <td style="padding: 0; text-align: justify"><font style="font-size: 10pt">Former common director of IRG Malaysia</font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><i>Related party balances and transactions</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On August 2, 2017, the Company entered into a promissory note (the &#8220;Note&#8221;) with Liang Meihua, the director of the Company since October 21, 2016, in the principal amount of $256,410. The Note shall be due and payable within 12 months (as extended by the holder from time to time) from the issuance date of the Note, and shall be interest free and shall not accrue any interest and bearing interest of 5% if an event of default occurred. On the date when the Company consummates the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000, the Note shall automatically convert into fully paid and non-assessable shares of the Company&#8217;s $0.001 par value per share common stock at a conversion price equal to the per share price of the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000. If no sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000 is consummated prior to the maturity date, the holder of the Note shall have the right to convert all or any portion of the outstanding and unpaid principal and interest of this Note into conversion shares at a conversion price of $0.10 per Share. On December 18, 2017, Miss Liang forewent the right of conversion of the Note. As of June 30 2018 and December 31, 2017, the loan payable to Miss Liang was $256,410 and $256,410, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">During the six months ended June 30, 2018 and 2017, the Company did not receive advances from Miss Kung. On January 2, 2018, Miss Kung transferred and assigned all her loan receivable of $254,810 from TAL to Mr Leung. As of June 30, 2018 and December 31, 2017, the loan payable balance, without interest and due on demand, to Mr Leung was $256,786 and nil, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">During the six months ended June 30, 2018 and 2017, the Company owed advances of $46,331 for disbursements from Mr Huang. As of June 30, 2018 and December 31, 2017, the loan payable balance, without interest and due on demand, to Mr Huang was $47,353 and nil, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Spider Comm Sdn Bhd</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">During the three months ended June 30, 2018 and 2017, the Company incurred rental expenses of $5,321 and $4,723 respectively to Spider Comm Sdn Bhd. During the six months ended June 30, 2018 and 2017, the Company incurred rental expenses of $10,670 and $9,446 respectively to Spider Comm Sdn Bhd.</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"><td style="width: 0.5in"><b>10.</b></td><td><b>Share-Based Compensation Expenses</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On January 18, 2018, the Company granted 100,000 shares of the Company&#8217;s common stock to a consultant, in exchange for its investor relation services to the Company for the year 2018. These shares were valued at $2.00 per share, the closing bid price of the Company&#8217;s common stock on the date of grant. This compensation expense of $200,000 was recognized in the first quarter of 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On March 15, 2018, the Company granted 1,050,000 shares of the Company&#8217;s common stock to three consultants, in exchange for its professional services to the Company for the year 2018. These shares were valued at $1.30 per share, the closing bid price of the Company&#8217;s common stock on the date of grant. Compensation expense of $682,500 was recognized in the first half year of 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Total share compensation expenses recognized in the general and administrative expenses of the unaudited condensed consolidated statements of operations for the three months ended June 30, 2018 and 2017 was $341,250 and nil, respectively, and for the six months ended June 30, 2018 and 2017 was $882,500 and nil, respectively.</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"><td style="width: 0.5in"><b>11.</b></td><td><b>Commitments and Contingencies</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><i>Operating lease</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><i>&#160;</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company leases a number of properties under operating leases. Rental expenses under operating leases for the three months ended June 30, 2018 and 2017 were $5,321 and $5,883 respectively. Rental expenses under operating leases for the six months ended June 30, 2018 and 2017 were $24,148 and $33,161, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 27.05pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">As of June 30 2018, the Company was obligated under non-cancellable operating leases minimum rentals as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>Twelve months ended June 30, 2018,</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">2019</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">82,918</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">2020</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">29,699</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="padding-bottom: 1.5pt; padding-left: 1.4pt">Thereafter</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Total minimum lease payments</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">112,617</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><i>Legal proceeding</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">There has been no legal proceeding in which the Company is a party for the six months ended June 30, 2018.</p> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><tr style="vertical-align: top"><td style="width: 0.5in"><b>12.</b></td><td><b>Subsequent Events</b></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">There were no events or transactions that would require recognition or disclosure in our unaudited condensed consolidated financial statements for the six months ended June 30, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Basis of presentation</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (&#8220;GAAP&#8221;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The unaudited condensed consolidated financial statements include the financial statements of all the subsidiaries. All transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Use of estimates</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of the unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Goodwill</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 27.05pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Revenue recognition</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable, and collectability is reasonably assured. Revenue is recorded on a gross basis, net of surcharges and value added tax (&#34;VAT&#34;).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Income taxes</u>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 36pt">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company utilizes FASB Accounting Standard Codification Topic 740 (&#8220;ASC 740&#8221;) &#8220;Income taxes&#8221; (formerly known as SFAS No. 109, &#34;Accounting for Income Taxes&#34;), which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the unaudited condensed consolidated financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">ASC 740 &#8220;Income taxes&#8221; (formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement of Financial Accounting Standards No. 109 (&#8220;FIN 48&#8221;)) clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in the unaudited condensed consolidated financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the statements of operations. The adoption of ASC 740 did not have a significant effect on the unaudited condensed consolidated financial statements.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Cash and cash equivalents</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 21pt; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company considers all short-term highly liquid investments that are readily convertible to known amounts of cash and have original maturities of six months or less to be cash equivalents.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Fair value of financial instruments</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The carrying values of the Company&#8217;s financial instruments, including cash and cash equivalents, deposits, prepayments and other receivables, accounts payable and due to a director approximate their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings approximate their fair values because the applicable interest rates approximate current market rates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Plant and equipment</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Plant and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 9.35pt">&#160;</p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 0.5in; background-color: White"></td> <td style="text-align: left; width: 35%">Furniture, fixtures and equipment </td> <td>5 years</td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; background-color: White"></td> <td style="text-align: left">Leasehold improvements</td> <td>Shorter of estimated useful life or term of lease</td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; background-color: White"></td> <td style="text-align: left">Motor vehicle</td> <td>4 years</td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Comprehensive income</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company has adopted FASB Accounting Standard Codification Topic 220 (&#8220;ASC 220&#8221;) &#8220;Comprehensive income&#8221; (formerly known as SFAS No. 130, &#8220;Reporting Comprehensive Income&#8221;), which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign currency translation adjustments of the Company.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><u>Recent accounting pronouncements </u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Recent accounting pronouncements that the Company has adopted or may be required to adopt in the future are summarized below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Company does not believe other recently issued but not yet effective accounting standards from ASU 2018-11, if currently adopted, would have a material effect of the unaudited condensed consolidated financial position, results of operation and cash flows.</p> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; width: 0.5in; background-color: White"></td> <td style="text-align: left; width: 35%">Furniture, fixtures and equipment </td> <td>5 years</td></tr> <tr style="vertical-align: top; background-color: White"> <td style="text-align: left; background-color: White"></td> <td style="text-align: left">Leasehold improvements</td> <td>Shorter of estimated useful life or term of lease</td></tr> <tr style="vertical-align: top; background-color: rgb(204,238,255)"> <td style="text-align: left; background-color: White"></td> <td style="text-align: left">Motor vehicle</td> <td>4 years</td></tr> </table> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">June&#160;30,<br /> 2018</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">December&#160;31,</p> <p style="margin-top: 0; margin-bottom: 0">2017</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Furniture, fixtures and equipment</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">141,603</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">146,668</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Leasehold improvements</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">2,828</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">45,217</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Total property and equipment</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">144,431</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">191,885</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Less:&#160;&#160;Accumulated depreciation</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(47,963</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(52,944</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Total property and equipment, net</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">96,468</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">138,941</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr> </table> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" border="0" style="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><tr style="vertical-align: top"><td style="width: 0.5in"><p style="margin-top: 0; margin-bottom: 0"></p></td><td></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White"></td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">June&#160;30,<br /> 2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December&#160;31,<br /> 2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Prepaid share-based compensation expenses</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">682,500</td><td style="width: 1%; text-align: left">&#160;</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Other receivables</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">32,232</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">60,718</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Total deposits, prepayments and other receivables</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">714,732</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">60,718</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr></table> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">For&#160;the&#160;three&#160;months&#160;ended</p> <p style="margin-top: 0; margin-bottom: 0">June 30,</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><p style="margin-top: 0; margin-bottom: 0">For the six months ended</p> <p style="margin-top: 0; margin-bottom: 0">June 30,</p></td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: center">(Unaudited)</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Net loss attributable to common shareholders for computing basic net loss per common share</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(442,287</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(201,605</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(940,724</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(459,634</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="padding-left: 1.4pt">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Weighted average number of common shares outstanding &#8211; Basic and diluted</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">90,008,745</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">62,723,820</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">87,819,689</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">60,381,279</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="padding-left: 1.4pt">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Basic and diluted loss per common share</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.00</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.00</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.01</td><td style="padding-bottom: 1.5pt; text-align: left">)</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="border-bottom: Black 1.5pt solid; text-align: right">(0.01</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> </table> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">For&#160;the&#160;three&#160;months&#160;ended June 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">For the six months ended June 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2018</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#160;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2017</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td><td>&#160;</td> <td colspan="2">(Unaudited)</td><td>&#160;</td></tr> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: justify; padding-bottom: 1.5pt; padding-left: 1.4pt">Loss before income taxes</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(442,287</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(201,605</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(940,724</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td><td style="width: 1%; padding-bottom: 1.5pt">&#160;</td> <td style="width: 1%; border-bottom: Black 1.5pt solid; text-align: left">$</td><td style="width: 8%; border-bottom: Black 1.5pt solid; text-align: right">(459,634</td><td style="width: 1%; padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="padding-left: 1.4pt">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">&#160;</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">Tax at the income tax rate 25% (2017: 34%)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(110,572</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(68,546</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(235,181</td><td style="text-align: left">)</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">(156,276</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 1.5pt; padding-left: 1.4pt">Valuation allowance</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">110,572</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">68,546</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">235,181</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">156,276</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Income taxes</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">-</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr> </table> <p style="margin: 0pt"></p> <p style="margin: 0pt"></p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="background-color: White">&#160;</td> <td>Twelve months ended June 30, 2018,</td><td>&#160;</td> <td colspan="2" style="text-align: right">&#160;</td><td>&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 0.5in; background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">2019</td><td style="width: 1%">&#160;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">82,918</td><td style="width: 1%; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-left: 1.4pt">2020</td><td>&#160;</td> <td style="text-align: left">&#160;</td><td style="text-align: right">29,699</td><td style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="background-color: White">&#160;</td> <td style="padding-bottom: 1.5pt; padding-left: 1.4pt">Thereafter</td><td style="padding-bottom: 1.5pt">&#160;</td> <td style="border-bottom: Black 1.5pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1.5pt solid; text-align: right">-</td><td style="padding-bottom: 1.5pt; text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="background-color: White">&#160;</td> <td style="text-align: left; padding-bottom: 4pt; padding-left: 1.4pt">Total minimum lease payments</td><td style="padding-bottom: 4pt">&#160;</td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">112,617</td><td style="padding-bottom: 4pt; text-align: left">&#160;</td></tr> </table> <p style="margin: 0pt"></p> P5Y P4Y <div>Shorter of estimated useful life or term of lease</div> 1-for-20 1-for-10 1.00 100000 51500000 1.00 8000000 26134925 1524 536 191885 144431 146668 45217 141603 2828 52944 47963 682500 60718 32232 100000 1050000 -940724 -459634 -201605 -442287 -235181 -156276 -68546 -110572 235181 156276 68546 110572 0.24 0.35 0.21 0.165 0.25 256410 0.05 On the date when the Company consummates the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000, the Note shall automatically convert into fully paid and non-assessable shares of the Company's $0.001 par value per share common stock at a conversion price equal to the per share price of the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000. If no sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000 is consummated prior to the maturity date, the holder of the Note shall have the right to convert all or any portion of the outstanding and unpaid principal and interest of this Note into conversion shares at a conversion price of $0.10 per Share. 9446 10670 5321 4723 254810 2.00 1.30 82918 29699 112617 24148 33161 5883 5321 256410 256410 47353 256786 -38636 1094 3 47353 75861 22 6 74787 74331 74331 1452733 461768 202867 646709 817 180633 -12892 1150000 EX-101.SCH 7 tehg-20180630.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Unaudited Condensed Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Unaudited Condensed Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Unaudited Condensed Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 00000006 - Disclosure - Organization and Basis of Presentation link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - Going Concern link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Short-Term Investments link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Property and Equipment, Net link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Deposits, Prepayments and Other Receivables link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Common Stock link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Loss Per Share link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Related Parties Transactions link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Share-Based Compensation Expenses link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Subsequent Events link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Organization and Basis of Presentation (Policies) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Organization and Basis of Presentation (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Property and Equipment, Net (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Deposits, Prepayments and Other Receivables (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Loss Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Commitments and Contingencies (Tables) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Organization and Basis of Presentation (Details) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - Organization and Basis of Presentation (Details Textual) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - Going Concern (Details) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - Short-Term Investments (Details) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - Property and Equipment, Net (Details) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - Property and Equipment, Net (Details Textual) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - Deposits, Prepayments and Other Receivables (Details) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - Common Stock (Details) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - Loss Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - Income Taxes (Details) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - Income Taxes (Details Textual) link:presentationLink link:calculationLink link:definitionLink 00000036 - Disclosure - Related Parties Transactions (Details) link:presentationLink link:calculationLink link:definitionLink 00000037 - Disclosure - Share-Based Compensation Expenses (Details) link:presentationLink link:calculationLink link:definitionLink 00000038 - Disclosure - Commitments and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 00000039 - Disclosure - Commitments and Contingencies (Details Textual) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 tehg-20180630_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 tehg-20180630_def.xml XBRL DEFINITION FILE EX-101.LAB 10 tehg-20180630_lab.xml XBRL LABEL FILE Class of Stock [Axis] Series A Preferred Stock [Member] Equity Components [Axis] Parent [Member] Common Stock [Member] Related Party [Axis] Professional Services [Member] Property, Plant and Equipment, Type [Axis] Furniture and Fixtures [Member] Vehicles [Member] Leasehold Improvements [Member] Title of Individual [Axis] Vendors [Member] Vendor [Member] Investor Relation Services [Member] Geographical [Axis] MALAYSIA Range [Axis] Maximum [Member] UNITED STATES Minimum [Member] HONG KONG CHINA Spider Comm Sdn Bhd [Member] Miss Kung [Member] Director [Member] Director One [Member] Mr Huang [Member] Mr Leung [Member] Professional And Investor Relation Services [Member] Document and Entity Information [Abstract] Entity Registrant Name Entity Central Index Key Trading Symbol Amendment Flag Current Fiscal Year End Date Document Type Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Entity Filer Category Entity Common Stock, Shares Outstanding Statement of Financial Position [Abstract] ASSETS CURRENT ASSETS Cash and cash equivalents Trade receivables Prepayments, deposits and other receivables Short-term investments Total current assets Property and equipment, net Goodwill TOTAL ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Trade payables Receipt in advance Loan from a director Due to a director Due to a related party Acquisition and contingent consideration payables Other payables and accrued liabilities Total current liabilities Acquisition and contingent consideration payables Total liabilities STOCKHOLDERS' EQUITY Preferred stock, $0.001 par value, authorized: 10,000,000 shares, nil share issued and outstanding Common stock, $0.001 par value, authorized: 200,000,000 shares, 90,008,745 and 62,723,820 shares respectively issued and outstanding as of June 30, 2018 and December 31, 2017 Additional paid-in capital Accumulated losses Accumulated other comprehensive income Total stockholders' equity / (deficit) TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY Preferred stock, par value Preferred stock, shares authorized Preferred stock, shares issued Preferred stock, shares outstanding Common stock, par value Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Income Statement [Abstract] Revenues Costs of revenues Gross profit Share-based compensation Selling, general and administrative Total operating expenses Loss from operations Interest income Sundry income Total other income Loss before income taxes Income taxes Net loss Other comprehensive income Foreign currency translation adjustments Comprehensive loss Loss per share Basic and diluted loss per common share Basic and diluted weighted average common shares outstanding Statement of Cash Flows [Abstract] Cash Flows from Operating Activities: Net loss Adjustments to reconcile net loss to net cash used in operating activities: Depreciation Written off of property and equipment Share-based compensation Changes in operating assets and liabilities: Trade receivables Deposits, prepayments and other receivables Accounts payable Receipt in advance Other payables and accrued liabilities Net Cash Used In Operating Activities Cash Flows from Investing Activities: Redemption of short-term investments Purchase of property and equipment Net Cash Provided by (Used In) Investing Activities Cash Flows from Financing Activities: Advances from a director Advances from a related party Net Cash Provided By Financing Activities Effect of Exchange Rate Changes on Cash and Cash Equivalents Net Decrease In Cash and Cash Equivalents Cash and Cash Equivalents at Beginning of Period Cash and Cash Equivalents at End of Period Supplemental Cash Flow Information: Cash paid for interest expense Cash paid for income tax Supplemental Disclosure of Non-Cash Transactions: Issuance of shares for acquisition Issuance of shares for services Organization, Consolidation and Presentation of Financial Statements [Abstract] Organization and Basis of Presentation Going Concern [Abstract] Going Concern Investments, Debt and Equity Securities [Abstract] Short-Term Investments Property, Plant and Equipment [Abstract] Property and Equipment, Net Deposits, Prepayments and Other Receivables [Abstract] Deposits, prepayments and other receivables Equity [Abstract] Common Stock Earnings Per Share [Abstract] Loss Per Share Income Tax Disclosure [Abstract] Income Taxes Related Party Transactions [Abstract] Related Parties Transactions Disclosure of Compensation Related Costs, Share-based Payments [Abstract] Share-Based Compensation Expenses Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Subsequent Events [Abstract] Subsequent Events Basis of presentation Use of estimates Goodwill Revenue recognition Income taxes Cash and cash equivalents Fair value of financial instruments Plant and equipment Comprehensive income Recent accounting pronouncements Schedule of estimated useful lives of plant and equipment Schedule of property and equipment, net Schedule of deposits, prepayments and other receivables Schedule of loss per share Schedule of deferred tax asset Schedule of the company obligated under non-cancellable operating leases minimum rentals Property, Plant and Equipment [Table] Property, Plant and Equipment [Line Items] Furniture, fixtures and equipment [Member] Leasehold improvements [Member] Motor vehicle [Member] Estimated useful lives of plant and equipment, term Estimated useful lives of plant and equipment, description Schedule of Stock by Class [Table] Class of Stock [Line Items] Organization and Basis of Presentation (Textual) Reverse stock split Preferred stock, par value per share Equity interest ownership percentage Stock issued upon conversion Percentage of common stock outstanding Issuance of common stock to vendor Going Concern (Textual) Accumulated deficit Short-Term Investments (Textual) Interest income from short-term investments Total property and equipment Less: Accumulated depreciation Total property and equipment, net Property and Equipment, Net (Textual) Depreciation expenses Prepaid share-based compensation expenses Other receivables Total deposits, prepayments and other receivables Statement [Table] Statement [Line Items] Professional and Investor Relation Services [Member] Common Stock (Textual) Aggregate shares of common stock Common stock granted, Shares Number of consultants Net loss attributable to common shareholders for computing basic net loss per common share Weighted average number of common shares outstanding - Basic and diluted Tax at the income tax rate 25% (2017: 34%) Valuation allowance Income taxes Income Tax Examination [Table] Income Tax Examination [Line Items] The United States of America [Member] Hong Kong [Member] PRC [Member] Malaysia [Member] Income Taxes (Textual) U.S. federal corporate income tax Hong Kong's profits tax rate Statutory income tax rate Schedule of Related Party Transactions, by Related Party [Table] Related Party Transaction [Line Items] Related Parties Transactions (Textual) Principal amount Bearing interest Convertible securities, description Amount due to related parties Rental expenses Advances from Mr Huang Loan payable balance Loan receivable, balance Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table] Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items] Share-Based Compensation Expenses (Textual) Common stock granted, shares Compensation expense Price per share Twelve months ended June 30, 2018, 2019 2020 Thereafter Total minimum lease payments Commitments and Contingencies (Textual) Rental expenses under operating leases Table disclosure of Deposits prepayments and other receivables. Disclosure of Deposits, Prepayments and Other Receivables. Person serving on the board of directors. Document and Entity Information [Abstract]. The entire disclosure for going concern. The increase (decrease) during the reporting period in the amount of receipt in advance. Issuance of shares for acquisition noncash investing and financing activities. Issuance of shares for services. Loan from related party current. It represent number of consultants. This element refer to percentage of common stock outstanding. Prepaid share-based compensation expenses. The carrying amount of the asset prepayments, deposits and other receivables during the reporting period. The tabular disclosure of estimated useful life of plant and equipment. Spider Comm Sdn Bhd member. Written off of property and equipment. Assets, Current Assets Liabilities, Current Business Combination, Contingent Consideration, Liability, Noncurrent Liabilities Stockholders' Equity Attributable to Parent Liabilities and Equity Cost of Revenue Gross Profit Selling, General and Administrative Expense Operating Expenses Operating Income (Loss) Other Nonoperating Income (Expense) Income Tax Expense (Benefit) Comprehensive Income (Loss), Net of Tax, Attributable to Parent Increase (Decrease) in Accounts Receivable Increase (Decrease) in Receivables Increase Decrease In Receipt In Advance Increase (Decrease) in Other Accounts Payable and Accrued Liabilities Net Cash Provided by (Used in) Operating Activities Payments to Acquire Property, Plant, and Equipment Net Cash Provided by (Used in) Investing Activities Proceeds from (Repayments of) Related Party Debt Net Cash Provided by (Used in) Financing Activities Cash and Cash Equivalents, Period Increase (Decrease) Goodwill and Intangible Assets, Policy [Policy Text Block] Cash and Cash Equivalents, Policy [Policy Text Block] Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Operating Leases, Future Minimum Payments Due EX-101.PRE 11 tehg-20180630_pre.xml XBRL PRESENTATION FILE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information - shares
 6 Months Ended
Jun. 30, 2018
Aug. 13, 2018
Document and Entity Information [Abstract]    
Entity Registrant Name Technovative Group, Inc.  
Entity Central Index Key 0001523855  
Trading Symbol TEHG  
Amendment Flag false  
Current Fiscal Year End Date --12-31  
Document Type 10-Q  
Document Period End Date Jun. 30, 2018  
Document Fiscal Period Focus Q2  
Document Fiscal Year Focus 2018  
Entity Filer Category Smaller Reporting Company  
Entity Common Stock, Shares Outstanding   90,108,745
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 112,749 $ 227,186
Trade receivables 231,599
Prepayments, deposits and other receivables 714,732 60,718
Short-term investments 176,741
Total current assets 1,059,080 464,645
Property and equipment, net 96,468 138,941
Goodwill 4,033,530 4,033,530
TOTAL ASSETS 5,189,078 4,637,116
CURRENT LIABILITIES    
Trade payables 7,283
Receipt in advance 60,414
Loan from a director 256,410 256,410
Due to a director 256,786 257,007
Due to a related party 47,353
Acquisition and contingent consideration payables 1,045,397 3,658,889
Other payables and accrued liabilities 145,437 138,040
Total current liabilities 1,751,383 4,378,043
Acquisition and contingent consideration payables 522,699 522,699
Total liabilities 2,274,082 4,900,742
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, authorized: 10,000,000 shares, nil share issued and outstanding
Common stock, $0.001 par value, authorized: 200,000,000 shares, 90,008,745 and 62,723,820 shares respectively issued and outstanding as of June 30, 2018 and December 31, 2017 90,009 62,724
Additional paid-in capital 6,839,610 2,688,402
Accumulated losses (3,971,431) (3,030,707)
Accumulated other comprehensive income (43,192) 15,955
Total stockholders' equity / (deficit) 2,914,996 (263,626)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,189,078 $ 4,637,116
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares
Jun. 30, 2018
Dec. 31, 2017
Statement of Financial Position [Abstract]    
Preferred stock, par value $ 0.001 $ 0.001
Preferred stock, shares authorized 10,000,000 10,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 200,000,000 200,000,000
Common stock, shares issued 90,008,745 62,723,820
Common stock, shares outstanding 90,008,745 62,723,820
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues $ 150,650 $ 1,256 $ 457,163 $ 2,112
Costs of revenues (21,015) (21,015)
Gross profit 129,635 1,256 436,148 2,112
Share-based compensation (341,250) (882,500)
Selling, general and administrative (305,459) (202,867) (570,233) (461,768)
Total operating expenses (646,709) (202,867) (1,452,733) (461,768)
Loss from operations (517,074) (201,611) (1,016,585) (459,656)
Interest income 456 6 1,530 22
Sundry income 74,331 74,331
Total other income 74,787 6 75,861 22
Loss before income taxes (442,287) (201,605) (940,724) (459,634)
Income taxes
Net loss (442,287) (201,605) (940,724) (459,634)
Other comprehensive income        
Foreign currency translation adjustments (68,475) 4,204 (59,147) (2,548)
Comprehensive loss $ (510,762) $ (197,401) $ (999,871) $ (462,182)
Loss per share        
Basic and diluted loss per common share $ 0 $ 0 $ (0.01) $ (0.01)
Basic and diluted weighted average common shares outstanding 90,008,745 62,723,820 87,819,689 60,381,279
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash Flows from Operating Activities:    
Net loss $ (940,724) $ (459,634)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 9,507 19,522
Written off of property and equipment 34,519
Share-based compensation 882,500
Changes in operating assets and liabilities:    
Trade receivables (234,844)
Deposits, prepayments and other receivables 29,026 5,317
Accounts payable (7,443)
Receipt in advance (60,586)
Other payables and accrued liabilities (38,636) 1,094
Net Cash Used In Operating Activities (326,681) (433,701)
Cash Flows from Investing Activities:    
Redemption of short-term investments 180,633
Purchase of property and equipment (12,892)
Net Cash Provided by (Used In) Investing Activities 180,633 (12,892)
Cash Flows from Financing Activities:    
Advances from a director 817
Advances from a related party 46,331
Net Cash Provided By Financing Activities 47,148
Effect of Exchange Rate Changes on Cash and Cash Equivalents (15,537) (6,163)
Net Decrease In Cash and Cash Equivalents (114,437) (452,756)
Cash and Cash Equivalents at Beginning of Period 227,186 668,566
Cash and Cash Equivalents at End of Period 112,749 215,810
Supplemental Cash Flow Information:    
Cash paid for interest expense
Cash paid for income tax
Supplemental Disclosure of Non-Cash Transactions:    
Issuance of shares for acquisition 2,613,493 320,000
Issuance of shares for services $ 1,565,000
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Basis of Presentation
 6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and Basis of Presentation
1.Organization and Basis of Presentation

 

Technovative Group, Inc. (the “Company,” or “TEHG,” formerly Horizon Energy Corp.) was incorporated in the state of Wyoming on August 12, 2010 under the name “Glacier Point Corp.” On December 6, 2010, the Company filed an amendment with the State of Wyoming to change the name from “Glacier Point Corp.” to “Solar America Corp.” On September 4, 2013, the Company filed an amendment with the State of Wyoming to change the name from “Solar America Corp.” to “Horizon Energy Corp.”

 

Effective on February 26, 2015, the Company amended its Articles of Incorporation to: (i) change the Company’s name from “Horizon Energy Corp.” to “Technovative Group, Inc.” and (ii) implement a 1-for-20 reverse stock split of its issued and outstanding common stock, par value $.001 per share.

 

On April 24, 2015, TEHG, Technovative Group Limited (“TGL”) and the sole stockholder of TGL who owns 100% of the equity interests of TGL (the “TGL Stockholder”) entered into and consummated transactions pursuant to a Share Exchange Agreement (the “Share Exchange Agreement,” such transaction referred to as the “Share Exchange Transaction”), whereby the Company issued to the TGL Stockholder an aggregate of 100,000 shares of its Series A Preferred Stock, par value $0.001 per share (“Series A Preferred Stock”), in exchange for 100% of the TGL equity interest held by the TGL Stockholder. Pursuant to the Share Exchange Agreement, the 100,000 shares of Series A Preferred Stock will automatically convert into 51,500,000 shares of common stock, par value $0.001 per share (“Common Stock”) upon the effectiveness of a 1-for-10 reverse stock split to be conducted by TEHG after the Share Exchange Transaction. As a result of the Share Exchange Transaction, TGL became our direct wholly-owned subsidiary and TGL’s subsidiary, Technovative Asia Limited (“TAL”) became our indirect subsidiary.

 

TGL is a Samoa company incorporated on October 14, 2014. TAL is a Hong Kong company incorporated on November 21, 2014.

 

The Company is a website creation and e-commerce enablement provider for the online presence needs of small to mid-size business retailers.

 

On October 26, 2016, the Company acquired 100% of the outstanding common shares of Innorei Group (Samoa) Limited (“IRG Samoa”), a holding company of Innorei Group Sdn. Bhd. (“IRG Malaysia”) IRG Malaysia was a mobile solutions apps development and information technology service provider. The Company issued 8,000,000 common stock to the vendor at February 22, 2017 as consideration. On April 24, 2018, IRG Samoa transferred all the outstanding common shares of IRG Malaysia to TGL, and the Company dissolved IRG Samoa.

 

On December 27, 2017, the Company entered into a Share Transfer Agreement with several individuals, who are Shareholders of Guangzhou City Hedu Information Technology Co., Ltd (“Hedu”), a People’s Republic of China (“PRC”) company, in exchange for entering into a loan agreement and a series of contractual agreements (the “VIE Agreements”), through the Company’s wholly owned foreign entity, Zhike (Shenzhen) Marketing Technology Co., Ltd (“Zhike”). Zhike was incorporated by the Company in the PRC on August 15, 2017. Pursuant to the VIE Agreements, Hedu became a Variable Interest Entity (the “VIE”) of the Company, via Zhike, and as such, the Company shall control all of Hedu’s business affairs and economic interests through Zhike. Hedu specializes in blockchain and big data analytics technologies.

 

Basis of presentation

 

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”).

 

The unaudited condensed consolidated financial statements include the financial statements of all the subsidiaries. All transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation. 

 

Use of estimates

 

The preparation of the unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

Goodwill

 

The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test.

 

Revenue recognition

 

Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable, and collectability is reasonably assured. Revenue is recorded on a gross basis, net of surcharges and value added tax ("VAT").

 

Income taxes 

 

The Company utilizes FASB Accounting Standard Codification Topic 740 (“ASC 740”) “Income taxes” (formerly known as SFAS No. 109, "Accounting for Income Taxes"), which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the unaudited condensed consolidated financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

 

ASC 740 “Income taxes” (formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement of Financial Accounting Standards No. 109 (“FIN 48”)) clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in the unaudited condensed consolidated financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the statements of operations. The adoption of ASC 740 did not have a significant effect on the unaudited condensed consolidated financial statements. 

 

Cash and cash equivalents

 

The Company considers all short-term highly liquid investments that are readily convertible to known amounts of cash and have original maturities of six months or less to be cash equivalents.

 

Fair value of financial instruments

 

The carrying values of the Company’s financial instruments, including cash and cash equivalents, deposits, prepayments and other receivables, accounts payable and due to a director approximate their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings approximate their fair values because the applicable interest rates approximate current market rates.

 

Plant and equipment

 

Plant and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:

 

Furniture, fixtures and equipment 5 years
Leasehold improvements Shorter of estimated useful life or term of lease
Motor vehicle 4 years

 

Comprehensive income

 

The Company has adopted FASB Accounting Standard Codification Topic 220 (“ASC 220”) “Comprehensive income” (formerly known as SFAS No. 130, “Reporting Comprehensive Income”), which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign currency translation adjustments of the Company.

 

Recent accounting pronouncements

 

Recent accounting pronouncements that the Company has adopted or may be required to adopt in the future are summarized below:

 

The Company does not believe other recently issued but not yet effective accounting standards from ASU 2018-11, if currently adopted, would have a material effect of the unaudited condensed consolidated financial position, results of operation and cash flows.
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.10.0.1
Going Concern
 6 Months Ended
Jun. 30, 2018
Going Concern [Abstract]  
Going Concern
2. Going Concern

 

As shown in the unaudited condensed consolidated financial statements, the Company has generated a net loss of $940,724 for the six months ended June 30, 2018 and an accumulated deficit of $3,971,431 as of June 30, 2018. The Company also experienced insufficient cash flows from operations and will be required continuous financial support from the shareholder. The Company will need to raise capital to fund its operations until it is able to generate sufficient revenue to support the future development. Moreover, the Company may be continuously raising capital through the sale of debt and equity securities.

 

The Company’s ability to achieve these objectives cannot be determined at this stage. If the Company is unsuccessful in its endeavors, it may be forced to cease operations. These unaudited condensed consolidated financial statements do not include any adjustments that might result from this uncertainty which may include adjustments relating to the recoverability and classification of recorded asset amounts, or amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

 

These factors have raised substantial doubt about the Company’s ability to continue as a going concern. There can be no assurances that the Company will be able to obtain adequate financing or achieve profitability. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.
XML 19 R8.htm IDEA: XBRL DOCUMENT v3.10.0.1
Short-Term Investments
 6 Months Ended
Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract]  
Short-Term Investments
3.Short-Term Investments

 

Short-term investments are highly liquid available-for-sale securities in accounts maintained with commercial banks within the PRC. Interest income earned from the short-term investments for three months ended June 30, 2018 and 2017 were $536 and nil, respectively. Interest income earned from the short-term investments for six months ended June 30, 2018 and 2017 were $1,524 and nil, respectively. As of June 30, 2018, the Company did not have any short-term investments.
XML 20 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Property and Equipment, Net
 6 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
4.Property and Equipment, Net

 

     As of 
    

June 30,
2018

  

December 31,

2017

 
     (Unaudited)     
           
  Furniture, fixtures and equipment  $141,603   $146,668 
  Leasehold improvements   2,828    45,217 
  Total property and equipment   144,431    191,885 
  Less:  Accumulated depreciation   (47,963)   (52,944)
  Total property and equipment, net  $96,468   $138,941 

 

The depreciation expenses for the three months ended June 30, 2018 and 2017 were $4,839 and $10,047, respectively. The depreciation expenses for the six months ended June 30, 2018 and 2017 were $9,507 and $19,522, respectively.
XML 21 R10.htm IDEA: XBRL DOCUMENT v3.10.0.1
Deposits, Prepayments and Other Receivables
 6 Months Ended
Jun. 30, 2018
Deposits, Prepayments and Other Receivables [Abstract]  
Deposits, prepayments and other receivables

5.

Deposits, prepayments and other receivables

 

     As of 
     June 30,
2018		   December 31,
2017		 
     (Unaudited)     
           
  Prepaid share-based compensation expenses  $682,500   $- 
  Other receivables   32,232    60,718 
  Total deposits, prepayments and other receivables  $714,732   $60,718 
XML 22 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
Common Stock
 6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Common Stock
6.Common Stock

 

On January 12, 2018, the Company issued 26,134,925 common stock to the vendor as consideration of the acquisition of Hedu.

 

From January 2018 to March 2018, the Company issued 1,150,000 common stock to four third parties as consideration of certain professional and investor relation services.

 

On January 18, 2018, the Company granted 100,000 shares of the Company’s common stock to a consultant, in exchange for its investor relation services to the Company for the year 2018.

 

On March 15, 2018, the Company granted 1,050,000 shares of the Company’s common stock to three consultants, in exchange for its professional services to the Company for the year 2018.

 

As of June 30 2018, there were 90,008,745 shares of Common Stock and no shares of preferred stock issued and outstanding.
XML 23 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
Loss Per Share
 6 Months Ended
Jun. 30, 2018
Loss per share  
Loss Per Share

7.Loss Per Share

 

    

For the three months ended

June 30,

  

For the six months ended

June 30,

 
     2018   2017   2018   2017 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
                   
  Net loss attributable to common shareholders for computing basic net loss per common share  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                       
  Weighted average number of common shares outstanding – Basic and diluted   90,008,745    62,723,820    87,819,689    60,381,279 
                       
  Basic and diluted loss per common share  $(0.00)  $(0.00)  $(0.01)  $(0.01)
XML 24 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes
 6 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]  
Income Taxes
8.Income Taxes

 

The Company and its subsidiaries file separate income tax returns.

 

The United States of America

The Company is incorporated in the State of Wyoming in the U.S. and is subject to a gradual U.S. federal corporate income tax. Federal Corporate rate reduced to 21% (from brackets with a maximum tax rate of 35%) as from January 1, 2018. The State of Wyoming does not impose any corporate state income tax.

 

Samoa

TGL and IRG Samoa are incorporated in the Samoa. Under the current laws of the Samoa, TGL and IRG Samoa are not subject to tax on income or capital gains. In addition, upon payments of dividends by TGL and IRG Samoa, no Samoa withholding tax is imposed.

 

Hong Kong

TAL is incorporated in Hong Kong and Hong Kong’s profits tax rate is 16.5%. TAL HK did not earn any income that was derived in Hong Kong for the three and six months ended June 30, 2018 and 2017, and therefore, TAL HK was not subject to Hong Kong profits tax.

 

Malaysia

IRG Malaysia is incorporated in Malaysia and Malaysia’s corporate tax standard rate is 24%. The Company did not generate any income during the six months ended June 30, 2018 and 2017, and therefore not subject to any corporate tax in Malaysia.

 

PRC

Hedu and Zhike are incorporated in the PRC, are governed by the income tax law of the PRC and is subject to PRC enterprise income tax (“EIT”). The EIT rate of PRC is 25%. Effective from January 1, 2008, the PRC’s statutory income tax rate is 25%. Hedu and Zhike did not generate taxable income in the PRC for the three and six months ended June 30, 2018 and 2017.

 

The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. For the three and six months ended June 30, 2018 and 2017, the Company incurred losses, resulting from operating activities, which result in deferred tax assets at the effective statutory rates. The deferred tax asset has been off-set by an equal valuation allowance.

 

     For the three months ended June 30,   For the six months ended June 30, 
     2018   2017   2018   2017 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
                   
  Loss before income taxes  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                       
  Tax at the income tax rate 25% (2017: 34%)   (110,572)   (68,546)   (235,181)   (156,276)
  Valuation allowance   110,572    68,546    235,181    156,276 
  Income taxes  $-   $-   $-   $-
XML 25 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Parties Transactions
 6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Related Parties Transactions
9.Related Parties Transactions

 

Nature of relationships with related parties

 

  Name   Relationships with the Company
  Miss Liang Meihua (Miss Liang)   A director of the Company
  Mr Leung Kam Tim (Mr Leung)   A director of TAL
  Miss Kung Wai Fan Candy (Miss Kung)   Former director of TAL
  Mr Huang, Kewie (Mr Huang)   Chief Technology Officer of the Company
  Spider Comm Sdn Bhd   Former common director of IRG Malaysia

 

Related party balances and transactions

 

On August 2, 2017, the Company entered into a promissory note (the “Note”) with Liang Meihua, the director of the Company since October 21, 2016, in the principal amount of $256,410. The Note shall be due and payable within 12 months (as extended by the holder from time to time) from the issuance date of the Note, and shall be interest free and shall not accrue any interest and bearing interest of 5% if an event of default occurred. On the date when the Company consummates the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000, the Note shall automatically convert into fully paid and non-assessable shares of the Company’s $0.001 par value per share common stock at a conversion price equal to the per share price of the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000. If no sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000 is consummated prior to the maturity date, the holder of the Note shall have the right to convert all or any portion of the outstanding and unpaid principal and interest of this Note into conversion shares at a conversion price of $0.10 per Share. On December 18, 2017, Miss Liang forewent the right of conversion of the Note. As of June 30 2018 and December 31, 2017, the loan payable to Miss Liang was $256,410 and $256,410, respectively.

 

During the six months ended June 30, 2018 and 2017, the Company did not receive advances from Miss Kung. On January 2, 2018, Miss Kung transferred and assigned all her loan receivable of $254,810 from TAL to Mr Leung. As of June 30, 2018 and December 31, 2017, the loan payable balance, without interest and due on demand, to Mr Leung was $256,786 and nil, respectively.

 

During the six months ended June 30, 2018 and 2017, the Company owed advances of $46,331 for disbursements from Mr Huang. As of June 30, 2018 and December 31, 2017, the loan payable balance, without interest and due on demand, to Mr Huang was $47,353 and nil, respectively.

 

Spider Comm Sdn Bhd

 

During the three months ended June 30, 2018 and 2017, the Company incurred rental expenses of $5,321 and $4,723 respectively to Spider Comm Sdn Bhd. During the six months ended June 30, 2018 and 2017, the Company incurred rental expenses of $10,670 and $9,446 respectively to Spider Comm Sdn Bhd.
XML 26 R15.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation Expenses
 6 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-Based Compensation Expenses
10.Share-Based Compensation Expenses

 

On January 18, 2018, the Company granted 100,000 shares of the Company’s common stock to a consultant, in exchange for its investor relation services to the Company for the year 2018. These shares were valued at $2.00 per share, the closing bid price of the Company’s common stock on the date of grant. This compensation expense of $200,000 was recognized in the first quarter of 2018.

 

On March 15, 2018, the Company granted 1,050,000 shares of the Company’s common stock to three consultants, in exchange for its professional services to the Company for the year 2018. These shares were valued at $1.30 per share, the closing bid price of the Company’s common stock on the date of grant. Compensation expense of $682,500 was recognized in the first half year of 2018.

 

Total share compensation expenses recognized in the general and administrative expenses of the unaudited condensed consolidated statements of operations for the three months ended June 30, 2018 and 2017 was $341,250 and nil, respectively, and for the six months ended June 30, 2018 and 2017 was $882,500 and nil, respectively.
XML 27 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies
 6 Months Ended
Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies
11.Commitments and Contingencies

 

Operating lease

 

The Company leases a number of properties under operating leases. Rental expenses under operating leases for the three months ended June 30, 2018 and 2017 were $5,321 and $5,883 respectively. Rental expenses under operating leases for the six months ended June 30, 2018 and 2017 were $24,148 and $33,161, respectively.

 

As of June 30 2018, the Company was obligated under non-cancellable operating leases minimum rentals as follows:

 

  Twelve months ended June 30, 2018,    
  2019  $82,918 
  2020   29,699 
  Thereafter   - 
  Total minimum lease payments  $112,617 

 

Legal proceeding

 

There has been no legal proceeding in which the Company is a party for the six months ended June 30, 2018.
XML 28 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events
 6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events
12.Subsequent Events

 

There were no events or transactions that would require recognition or disclosure in our unaudited condensed consolidated financial statements for the six months ended June 30, 2018.
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Basis of Presentation (Policies)
 6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of presentation

Basis of presentation

 

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”).

 

The unaudited condensed consolidated financial statements include the financial statements of all the subsidiaries. All transactions and balances between the Company and its subsidiaries have been eliminated upon consolidation.
Use of estimates

Use of estimates

 

The preparation of the unaudited condensed consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Goodwill

Goodwill

 

The Company allocates goodwill from business combinations to reporting units based on the expectation that the reporting unit is to benefit from the business combination. The Company evaluates its reporting units on an annual basis and, if necessary, reassigns goodwill using a relative fair value allocation approach. Goodwill is tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit. Application of the goodwill impairment test requires judgments, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and the determination of the fair value of each reporting unit. The Company first assesses qualitative factors to determine whether it is more likely than not that goodwill is impaired. If the more likely than not threshold is met, the Company performs a quantitative impairment test.
Revenue recognition

Revenue recognition

 

Revenue is recognized when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable, and collectability is reasonably assured. Revenue is recorded on a gross basis, net of surcharges and value added tax ("VAT").
Income taxes

Income taxes 

 

The Company utilizes FASB Accounting Standard Codification Topic 740 (“ASC 740”) “Income taxes” (formerly known as SFAS No. 109, "Accounting for Income Taxes"), which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the unaudited condensed consolidated financial statements or tax returns. Under this method, deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts at each period end based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

 

ASC 740 “Income taxes” (formerly known as Interpretation No. 48, Accounting for Uncertainty in Income Taxes, an interpretation of Statement of Financial Accounting Standards No. 109 (“FIN 48”)) clarifies the accounting for uncertainty in tax positions. This interpretation requires that an entity recognizes in the unaudited condensed consolidated financial statements the impact of a tax position, if that position is more likely than not of being sustained upon examination, based on the technical merits of the position. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company has elected to classify interest and penalties related to unrecognized tax benefits, if and when required, as part of income tax expense in the statements of operations. The adoption of ASC 740 did not have a significant effect on the unaudited condensed consolidated financial statements. 
Cash and cash equivalents

Cash and cash equivalents

 

The Company considers all short-term highly liquid investments that are readily convertible to known amounts of cash and have original maturities of six months or less to be cash equivalents.
Fair value of financial instruments

Fair value of financial instruments

 

The carrying values of the Company’s financial instruments, including cash and cash equivalents, deposits, prepayments and other receivables, accounts payable and due to a director approximate their fair values due to the short-term maturity of such instruments. The carrying amounts of borrowings approximate their fair values because the applicable interest rates approximate current market rates.
Plant and equipment

Plant and equipment

 

Plant and equipment are recorded at cost. Significant additions or improvements extending useful lives of assets are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives as follows:

 

Furniture, fixtures and equipment 5 years
Leasehold improvements Shorter of estimated useful life or term of lease
Motor vehicle 4 years
Comprehensive income

Comprehensive income

 

The Company has adopted FASB Accounting Standard Codification Topic 220 (“ASC 220”) “Comprehensive income” (formerly known as SFAS No. 130, “Reporting Comprehensive Income”), which establishes standards for reporting and display of comprehensive income, its components and accumulated balances. Accumulated other comprehensive income represents the accumulated balance of foreign currency translation adjustments of the Company.
Recent accounting pronouncements

Recent accounting pronouncements

 

Recent accounting pronouncements that the Company has adopted or may be required to adopt in the future are summarized below:

 

The Company does not believe other recently issued but not yet effective accounting standards from ASU 2018-11, if currently adopted, would have a material effect of the unaudited condensed consolidated financial position, results of operation and cash flows.
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of estimated useful lives of plant and equipment

Furniture, fixtures and equipment 5 years
Leasehold improvements Shorter of estimated useful life or term of lease
Motor vehicle 4 years
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.10.0.1
Property and Equipment, Net (Tables)
 6 Months Ended
Jun. 30, 2018
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment, net

     As of 
    

June 30,
2018

  

December 31,

2017

 
     (Unaudited)     
           
  Furniture, fixtures and equipment  $141,603   $146,668 
  Leasehold improvements   2,828    45,217 
  Total property and equipment   144,431    191,885 
  Less:  Accumulated depreciation   (47,963)   (52,944)
  Total property and equipment, net  $96,468   $138,941 
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.10.0.1
Deposits, Prepayments and Other Receivables (Tables)
 6 Months Ended
Jun. 30, 2018
Deposits, Prepayments and Other Receivables [Abstract]  
Schedule of deposits, prepayments and other receivables

   As of 
     June 30,
2018		   December 31,
2017		 
     (Unaudited)     
           
  Prepaid share-based compensation expenses  $682,500   $- 
  Other receivables   32,232    60,718 
  Total deposits, prepayments and other receivables  $714,732   $60,718 
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Loss Per Share (Tables)
 6 Months Ended
Jun. 30, 2018
Loss per share  
Schedule of loss per share

    

For the three months ended

June 30,

  

For the six months ended

June 30,

 
     2018   2017   2018   2017 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
                   
  Net loss attributable to common shareholders for computing basic net loss per common share  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                       
  Weighted average number of common shares outstanding – Basic and diluted   90,008,745    62,723,820    87,819,689    60,381,279 
                       
  Basic and diluted loss per common share  $(0.00)  $(0.00)  $(0.01)  $(0.01)
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Tables)
 6 Months Ended
Jun. 30, 2018
Income Tax Disclosure [Abstract]  
Schedule of deferred tax asset

     For the three months ended June 30,   For the six months ended June 30, 
     2018   2017   2018   2017 
     (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited) 
                   
  Loss before income taxes  $(442,287)  $(201,605)  $(940,724)  $(459,634)
                       
  Tax at the income tax rate 25% (2017: 34%)   (110,572)   (68,546)   (235,181)   (156,276)
  Valuation allowance   110,572    68,546    235,181    156,276 
  Income taxes  $-   $-   $-   $- 
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of the company obligated under non-cancellable operating leases minimum rentals

  Twelve months ended June 30, 2018,    
  2019  $82,918 
  2020   29,699 
  Thereafter   - 
  Total minimum lease payments  $112,617 
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Basis of Presentation (Details)
 6 Months Ended
Jun. 30, 2018
Furniture, fixtures and equipment [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful lives of plant and equipment, term 5 years
Leasehold improvements [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful lives of plant and equipment, description
Shorter of estimated useful life or term of lease
Motor vehicle [Member]  
Property, Plant and Equipment [Line Items]  
Estimated useful lives of plant and equipment, term 4 years
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Organization and Basis of Presentation (Details Textual) - $ / shares
 1 Months Ended
Jan. 12, 2018
Feb. 22, 2017
Oct. 26, 2016
Apr. 24, 2015
Feb. 26, 2015
Jun. 30, 2018
Dec. 31, 2017
Organization and Basis of Presentation (Textual)              
Common stock, par value           $ 0.001 $ 0.001
Preferred stock, par value per share           $ 0.001 $ 0.001
Equity interest ownership percentage       100.00%      
Percentage of common stock outstanding     100.00%        
Vendor [Member]              
Organization and Basis of Presentation (Textual)              
Issuance of common stock to vendor 26,134,925            
Common Stock [Member]              
Organization and Basis of Presentation (Textual)              
Reverse stock split       1-for-10      
Common stock, par value       $ 0.001      
Stock issued upon conversion       51,500,000      
Common Stock [Member] | Vendors [Member]              
Organization and Basis of Presentation (Textual)              
Issuance of common stock to vendor   8,000,000          
Parent [Member]              
Organization and Basis of Presentation (Textual)              
Reverse stock split         1-for-20    
Common stock, par value         $ 0.001    
Series A Preferred Stock [Member]              
Organization and Basis of Presentation (Textual)              
Preferred stock, par value per share       $ 0.001      
Stock issued upon conversion       100,000      
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Going Concern (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Going Concern (Textual)          
Net loss $ (442,287) $ (201,605) $ (940,724) $ (459,634)  
Accumulated deficit $ (3,971,431)   $ (3,971,431)   $ (3,030,707)
XML 39 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Short-Term Investments (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Short-Term Investments (Textual)        
Interest income from short-term investments $ 536 $ 1,524
XML 40 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Property and Equipment, Net (Details) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Property, Plant and Equipment [Line Items]    
Total property and equipment $ 144,431 $ 191,885
Less: Accumulated depreciation (47,963) (52,944)
Total property and equipment, net 96,468 138,941
Furniture, fixtures and equipment [Member]    
Property, Plant and Equipment [Line Items]    
Total property and equipment 141,603 146,668
Leasehold improvements [Member]    
Property, Plant and Equipment [Line Items]    
Total property and equipment $ 2,828 $ 45,217
XML 41 R30.htm IDEA: XBRL DOCUMENT v3.10.0.1
Property and Equipment, Net (Details Textual) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Property and Equipment, Net (Textual)        
Depreciation expenses $ 4,839 $ 10,047 $ 9,507 $ 19,522
XML 42 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Deposits, Prepayments and Other Receivables (Details) - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Deposits, Prepayments and Other Receivables [Abstract]    
Prepaid share-based compensation expenses $ 682,500
Other receivables 32,232 60,718
Total deposits, prepayments and other receivables $ 714,732 $ 60,718
XML 43 R32.htm IDEA: XBRL DOCUMENT v3.10.0.1
Common Stock (Details)
 3 Months Ended
Mar. 15, 2018
Consultants
shares
Jan. 18, 2018
shares
Jan. 12, 2018
shares
Mar. 31, 2018
shares
Jun. 30, 2018
shares
Dec. 31, 2017
shares
Common Stock (Textual)            
Common stock, shares issued         90,008,745 62,723,820
Common stock, shares outstanding         90,008,745 62,723,820
Preferred stock, shares issued        
Preferred stock, shares outstanding        
Vendor [Member]            
Common Stock (Textual)            
Issuance of common stock to vendor     26,134,925      
Investor Relation Services [Member]            
Common Stock (Textual)            
Common stock granted, Shares   100,000        
Professional Services [Member]            
Common Stock (Textual)            
Common stock granted, Shares 1,050,000          
Number of consultants | Consultants 3          
Professional and Investor Relation Services [Member]            
Common Stock (Textual)            
Aggregate shares of common stock       1,150,000    
XML 44 R33.htm IDEA: XBRL DOCUMENT v3.10.0.1
Loss Per Share (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Loss per share        
Net loss attributable to common shareholders for computing basic net loss per common share $ (442,287) $ (201,605) $ (940,724) $ (459,634)
Weighted average number of common shares outstanding - Basic and diluted 90,008,745 62,723,820 87,819,689 60,381,279
Basic and diluted loss per common share $ 0 $ 0 $ (0.01) $ (0.01)
XML 45 R34.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Tax Disclosure [Abstract]        
Loss before income taxes $ (442,287) $ (201,605) $ (940,724) $ (459,634)
Tax at the income tax rate 25% (2017: 34%) (110,572) (68,546) (235,181) (156,276)
Valuation allowance 110,572 68,546 235,181 156,276
Income taxes
XML 46 R35.htm IDEA: XBRL DOCUMENT v3.10.0.1
Income Taxes (Details Textual)
 6 Months Ended
Jun. 30, 2018
Hong Kong [Member]  
Income Taxes (Textual)  
Hong Kong's profits tax rate 16.50%
PRC [Member]  
Income Taxes (Textual)  
Statutory income tax rate 25.00%
Malaysia [Member]  
Income Taxes (Textual)  
U.S. federal corporate income tax 24.00%
Maximum [Member] | The United States of America [Member]  
Income Taxes (Textual)  
U.S. federal corporate income tax 35.00%
Minimum [Member] | The United States of America [Member]  
Income Taxes (Textual)  
U.S. federal corporate income tax 21.00%
XML 47 R36.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Parties Transactions (Details) - USD ($)
 3 Months Ended 6 Months Ended
Aug. 02, 2017
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Jan. 02, 2018
Dec. 31, 2017
Related Parties Transactions (Textual)              
Principal amount $ 256,410            
Bearing interest 5.00%            
Convertible securities, description On the date when the Company consummates the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000, the Note shall automatically convert into fully paid and non-assessable shares of the Company's $0.001 par value per share common stock at a conversion price equal to the per share price of the sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000. If no sale for cash by the Company of any equity or convertible securities generating aggregate gross proceeds of at least $10,000,000 is consummated prior to the maturity date, the holder of the Note shall have the right to convert all or any portion of the outstanding and unpaid principal and interest of this Note into conversion shares at a conversion price of $0.10 per Share.            
Advances from Mr Huang       $ 46,331    
Mr Leung [Member]              
Related Parties Transactions (Textual)              
Loan payable balance   $ 256,786   256,786    
Mr Huang [Member]              
Related Parties Transactions (Textual)              
Advances from Mr Huang       46,331 46,331    
Loan payable balance   47,353 47,353    
Spider Comm Sdn Bhd [Member]              
Related Parties Transactions (Textual)              
Rental expenses   5,321 $ 4,723 10,670 $ 9,446    
Director [Member]              
Related Parties Transactions (Textual)              
Loan payable balance            
Director One [Member]              
Related Parties Transactions (Textual)              
Loan payable balance   $ 256,410   $ 256,410     $ 256,410
Miss Kung [Member]              
Related Parties Transactions (Textual)              
Loan receivable, balance           $ 254,810  
XML 48 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share-Based Compensation Expenses (Details) - USD ($)
 3 Months Ended 6 Months Ended
Mar. 15, 2018
Jan. 18, 2018
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Share-Based Compensation Expenses (Textual)              
Compensation expense     $ 341,250   $ 882,500
Investor Relation Services [Member]              
Share-Based Compensation Expenses (Textual)              
Common stock granted, shares   100,000          
Compensation expense       $ 200,000      
Price per share   $ 2.00          
Professional Services [Member]              
Share-Based Compensation Expenses (Textual)              
Common stock granted, shares 1,050,000            
Compensation expense           $ 682,500  
Price per share $ 1.30            
XML 49 R38.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies (Details)
Jun. 30, 2018
USD ($)
Twelve months ended June 30, 2018,  
2019 $ 82,918
2020 29,699
Thereafter
Total minimum lease payments $ 112,617
XML 50 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Commitments and Contingencies (Details Textual) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Commitments and Contingencies (Textual)        
Rental expenses under operating leases $ 5,321 $ 5,883 $ 24,148 $ 33,161
EXCEL 51 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 53 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 55 FilingSummary.xml IDEA: XBRL DOCUMENT 3.10.0.1 html 54 142 1 false 23 0 false 5 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://solaramericacorp.com/role/DocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00000002 - Statement - Unaudited Condensed Consolidated Balance Sheets Sheet http://solaramericacorp.com/role/UnauditedCondensedConsolidatedBalanceSheets Unaudited Condensed Consolidated Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Unaudited Condensed Consolidated Balance Sheets (Parenthetical) Sheet http://solaramericacorp.com/role/UnauditedCondensedConsolidatedBalanceSheetsParenthetical Unaudited Condensed Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss Sheet http://solaramericacorp.com/role/UnauditedCondensedConsolidatedStatementsOfOperationsAndComprehensiveLoss Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss Statements 4 false false R5.htm 00000005 - Statement - Unaudited Condensed Consolidated Statements of Cash Flows Sheet http://solaramericacorp.com/role/UnauditedCondensedConsolidatedStatementsOfCashFlows Unaudited Condensed Consolidated Statements of Cash Flows Statements 5 false false R6.htm 00000006 - Disclosure - Organization and Basis of Presentation Sheet http://solaramericacorp.com/role/OrganizationAndBasisOfPresentation Organization and Basis of Presentation Notes 6 false false R7.htm 00000007 - Disclosure - Going Concern Sheet http://solaramericacorp.com/role/GoingConcern Going Concern Notes 7 false false R8.htm 00000008 - Disclosure - Short-Term Investments Sheet http://solaramericacorp.com/role/ShortTermInvestments Short-Term Investments Notes 8 false false R9.htm 00000009 - Disclosure - Property and Equipment, Net Sheet http://solaramericacorp.com/role/PropertyAndEquipmentNet Property and Equipment, Net Notes 9 false false R10.htm 00000010 - Disclosure - Deposits, Prepayments and Other Receivables Sheet http://solaramericacorp.com/role/DepositsPrepaymentsAndOtherReceivables Deposits, Prepayments and Other Receivables Notes 10 false false R11.htm 00000011 - Disclosure - Common Stock Sheet http://solaramericacorp.com/role/CommonStock Common Stock Notes 11 false false R12.htm 00000012 - Disclosure - Loss Per Share Sheet http://solaramericacorp.com/role/EarningsPerShare Loss Per Share Notes 12 false false R13.htm 00000013 - Disclosure - Income Taxes Sheet http://solaramericacorp.com/role/IncomeTaxes Income Taxes Notes 13 false false R14.htm 00000014 - Disclosure - Related Parties Transactions Sheet http://solaramericacorp.com/role/RelatedPartiesTransactions Related Parties Transactions Notes 14 false false R15.htm 00000015 - Disclosure - Share-Based Compensation Expenses Sheet http://solaramericacorp.com/role/ShareBasedCompensationExpenses Share-Based Compensation Expenses Notes 15 false false R16.htm 00000016 - Disclosure - Commitments and Contingencies Sheet http://solaramericacorp.com/role/CommitmentsAndContingencies Commitments and Contingencies Notes 16 false false R17.htm 00000017 - Disclosure - Subsequent Events Sheet http://solaramericacorp.com/role/SubsequentEvents Subsequent Events Notes 17 false false R18.htm 00000018 - Disclosure - Organization and Basis of Presentation (Policies) Sheet http://solaramericacorp.com/role/OrganizationAndBasisOfPresentationPolicies Organization and Basis of Presentation (Policies) Policies 18 false false R19.htm 00000019 - Disclosure - Organization and Basis of Presentation (Tables) Sheet http://solaramericacorp.com/role/OrganizationandBasisofPresentationTables Organization and Basis of Presentation (Tables) Tables http://solaramericacorp.com/role/OrganizationAndBasisOfPresentation 19 false false R20.htm 00000020 - Disclosure - Property and Equipment, Net (Tables) Sheet http://solaramericacorp.com/role/PropertyandEquipmentNetTables Property and Equipment, Net (Tables) Tables http://solaramericacorp.com/role/PropertyAndEquipmentNet 20 false false R21.htm 00000021 - Disclosure - Deposits, Prepayments and Other Receivables (Tables) Sheet http://solaramericacorp.com/role/DepositsPrepaymentsAndOtherReceivablesTables Deposits, Prepayments and Other Receivables (Tables) Tables http://solaramericacorp.com/role/DepositsPrepaymentsAndOtherReceivables 21 false false R22.htm 00000022 - Disclosure - Loss Per Share (Tables) Sheet http://solaramericacorp.com/role/EarningsPerShareTables Loss Per Share (Tables) Tables http://solaramericacorp.com/role/EarningsPerShare 22 false false R23.htm 00000023 - Disclosure - Income Taxes (Tables) Sheet http://solaramericacorp.com/role/IncomeTaxesTables Income Taxes (Tables) Tables http://solaramericacorp.com/role/IncomeTaxes 23 false false R24.htm 00000024 - Disclosure - Commitments and Contingencies (Tables) Sheet http://solaramericacorp.com/role/CommitmentsandContingenciesTables Commitments and Contingencies (Tables) Tables http://solaramericacorp.com/role/CommitmentsAndContingencies 24 false false R25.htm 00000025 - Disclosure - Organization and Basis of Presentation (Details) Sheet http://solaramericacorp.com/role/OrganizationAndBasisOfPresentationDetails Organization and Basis of Presentation (Details) Details http://solaramericacorp.com/role/OrganizationandBasisofPresentationTables 25 false false R26.htm 00000026 - Disclosure - Organization and Basis of Presentation (Details Textual) Sheet http://solaramericacorp.com/role/OrganizationAndBasisOfPresentationDetailsTextual Organization and Basis of Presentation (Details Textual) Details http://solaramericacorp.com/role/OrganizationandBasisofPresentationTables 26 false false R27.htm 00000027 - Disclosure - Going Concern (Details) Sheet http://solaramericacorp.com/role/GoingConcernDetails Going Concern (Details) Details http://solaramericacorp.com/role/GoingConcern 27 false false R28.htm 00000028 - Disclosure - Short-Term Investments (Details) Sheet http://solaramericacorp.com/role/ShortTermInvestmentsDetails Short-Term Investments (Details) Details http://solaramericacorp.com/role/ShortTermInvestments 28 false false R29.htm 00000029 - Disclosure - Property and Equipment, Net (Details) Sheet http://solaramericacorp.com/role/PropertyandEquipmentNetDetails Property and Equipment, Net (Details) Details http://solaramericacorp.com/role/PropertyandEquipmentNetTables 29 false false R30.htm 00000030 - Disclosure - Property and Equipment, Net (Details Textual) Sheet http://solaramericacorp.com/role/PropertyAndEquipmentNetDetailsTextual Property and Equipment, Net (Details Textual) Details http://solaramericacorp.com/role/PropertyandEquipmentNetTables 30 false false R31.htm 00000031 - Disclosure - Deposits, Prepayments and Other Receivables (Details) Sheet http://solaramericacorp.com/role/DepositsPrepaymentsAndOtherReceivablesDetails Deposits, Prepayments and Other Receivables (Details) Details http://solaramericacorp.com/role/DepositsPrepaymentsAndOtherReceivablesTables 31 false false R32.htm 00000032 - Disclosure - Common Stock (Details) Sheet http://solaramericacorp.com/role/CommonStockDetails Common Stock (Details) Details http://solaramericacorp.com/role/CommonStock 32 false false R33.htm 00000033 - Disclosure - Loss Per Share (Details) Sheet http://solaramericacorp.com/role/EarningsPerShareDetails Loss Per Share (Details) Details http://solaramericacorp.com/role/EarningsPerShareTables 33 false false R34.htm 00000034 - Disclosure - Income Taxes (Details) Sheet http://solaramericacorp.com/role/IncomeTaxesDetails Income Taxes (Details) Details http://solaramericacorp.com/role/IncomeTaxesTables 34 false false R35.htm 00000035 - Disclosure - Income Taxes (Details Textual) Sheet http://solaramericacorp.com/role/IncomeTaxesDetailsTextual Income Taxes (Details Textual) Details http://solaramericacorp.com/role/IncomeTaxesTables 35 false false R36.htm 00000036 - Disclosure - Related Parties Transactions (Details) Sheet http://solaramericacorp.com/role/RelatedPartiesTransactionsDetails Related Parties Transactions (Details) Details http://solaramericacorp.com/role/RelatedPartiesTransactions 36 false false R37.htm 00000037 - Disclosure - Share-Based Compensation Expenses (Details) Sheet http://solaramericacorp.com/role/ShareBasedCompensationExpensesDetails Share-Based Compensation Expenses (Details) Details http://solaramericacorp.com/role/ShareBasedCompensationExpenses 37 false false R38.htm 00000038 - Disclosure - Commitments and Contingencies (Details) Sheet http://solaramericacorp.com/role/CommitmentsandContingenciesDetails Commitments and Contingencies (Details) Details http://solaramericacorp.com/role/CommitmentsandContingenciesTables 38 false false R39.htm 00000039 - Disclosure - Commitments and Contingencies (Details Textual) Sheet http://solaramericacorp.com/role/CommitmentsAndContingenciesDetailsTextual Commitments and Contingencies (Details Textual) Details http://solaramericacorp.com/role/CommitmentsandContingenciesTables 39 false false All Reports Book All Reports tehg-20180630.xml tehg-20180630.xsd tehg-20180630_cal.xml tehg-20180630_def.xml tehg-20180630_lab.xml tehg-20180630_pre.xml http://fasb.org/srt/2018-01-31 http://xbrl.sec.gov/country/2017-01-31 http://xbrl.sec.gov/dei/2018-01-31 http://fasb.org/us-gaap/2018-01-31 true true ZIP 57 0001213900-18-010918-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001213900-18-010918-xbrl.zip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