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Short-Term Loan
12 Months Ended
Dec. 31, 2021
Short-term Loans [Abstract]  
Short-term Loan

NOTE 12 - Short-term Loan

 

In June 2021, the Company entered into a loan agreement in the amount of $1,433,177 (NT $40,000,000) with a non-related party. This loan, which carries no interest, would originally mature on July 16, 2021. This loan is collateralized with 3,000,000 shares of Ejectt stocks that the Company currently owns. As of December 31, 2021, the outstanding loan balance was $1,083,273 (NTD30,000,000). The two parties are in the process of amending the agreement to extend the loan repayment date.