v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities:    
Net income (loss) $ (133,661) $ (96,016)
Adjustments to reconcile net income to net cash provided by operations    
Depreciation 8,653 3,180
Stock Compensation 395,288 287,390
Stock issued for services 0 875
Bad debt provision 156,967 49,852
Changes in operating assets and liabilities:    
Accounts receivable, net (1,454,517) (1,036,780)
Other receivable (7,903) 0
Other receivable - related parties 4,393 (44,317)
Prepayment (145,433) (97,564)
Accounts payable and accrued expenses (79,860) 392,443
Deferred revenues 676,595 (33,405)
Other payables (4,456) 5,016
Deposit from customers 1,469 530,000
Due to related Parties 61,047 0
Income tax payable 5,578 35,996
Net cash used in operating activities (515,842) (3,330)
Investing Activities:    
Purchase of fixed assets (4,944) (5,921)
Issuance of notes receivable (15,000) 0
Acquisition of subsidiaries 0 (175,000)
Net cash used in Investing activities (19,944) (180,921)
Financing Activities:    
Proceeds from issuance of common stock 624,068 375,211
Net cash provided by financing activities 624,068 375,211
Increase (Decrease) in cash and cash equivalents 88,282 190,960
Cash and cash equivalents at beginning of period 973,015 641,663
Cash and cash equivalents at end of period 1,061,297 832,623
Interest paid 0 0
Income taxes paid $ 0 $ 0