XML 20 R19.htm IDEA: XBRL DOCUMENT v3.20.2
Description of Business and Organization (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of assets and liabilities measured at fair value
   June 30,   Quoted
Prices In
Active Markets
   Significant
Other
Observable
Inputs
   Significant
Other
Unobservable
Inputs
 
Description  2020   (Level 1)   (Level 2)   (Level 3) 
   (Unaudited)             
Assets:                
Marketable securities, available-for-sale  $3,173,039   $3,173,039   $     –   $     – 
   December 31,   Quoted
Prices In
Active Markets
   Significant
Other
Observable
Inputs
   Significant
Other
Unobservable
Inputs
 
Description  2019   (Level 1)   (Level 2)   (Level 3) 
   (Audited)             
Assets:                
Marketable securities, available-for-sale  $4,532,296   $4,532,296   $     –   $     – 
Schedule of property plant and equipment
    Useful life
Office equipment and furniture   5 years
Vehicles   5 years
Vessels   5 years
Schedule of translation exchange rate
   June 30,
2020
   June 30,
2019
 
Period-end RMB:US$ exchange rate   7.0682    6.8655 
Period average RMB:US$ exchange rate   7.0324    6.7839 
Period-end HK$:US$ exchange rate   7.7502    7.8498 
Period average HK$:US$ exchange rate   7.8000    7.8000 
Schedule of reconciliation of basic and diluted net loss per share
   Six months ended
June 30,
 
   2020   2019 
Net Loss for basic and diluted attributable to common shareholders  $(4,610,913)  $(27,090,603)
From continuing operations   (4,610,913)   (3,564,462)
From discontinued operations  $-   $(23,526,141)
           
Weighted average common stock outstanding          
- Basic   3,473,150,047    8,657,671 
- Diluted   3,474,119,263    8,657,671 
           
Net loss per share of common stock          
From continuing operations – basic  $(0.00)  $(0.38)
From discontinued operations – basic   (0.00)   (2.72)
Net loss per common share – basic  $(0.00)  $(3.10)
           
From continuing operations – diluted  $(0.00)  $(0.38)
From discontinued operations – diluted   (0.00)   (2.72)
Net loss per common share – diluted  $(0.00)  $(3.10)