Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)

v3.19.2
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2018
Jun. 30, 2019
Income Statement [Abstract]        
Revenue:
Operating expenses:        
General and administrative 565,167 124,840 124,840 1,044,787
Professional fees 741,542 156,977 156,977 1,444,422
Total operating expenses 1,306,709 281,817 281,817 2,489,209
Operating loss (1,306,709) (281,817) (281,817) (2,489,209)
Other income (expense):        
Loss on disposal of assets (4,087) (4,087)
Interest income 147 248
Interest expense (14,579) (1,801) (1,801) (155,696)
Total other expense (18,519) (1,801) (1,801) (159,535)
Net loss (1,325,228) (283,618) (283,618) (2,648,744)
Other comprehensive loss:        
Gain on foreign currency translation 151,288 35,402 143,001
Net other comprehensive loss $ (1,173,940) $ (248,216) $ (283,618) $ (2,505,743)
Weighted average number of common shares outstanding - basic and fully diluted 39,922,899 29,410,501 29,777,996 38,779,975
Net loss per share - basic and fully diluted $ (0.03) $ (0.01) $ (0.01) $ (0.06)