v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities:    
Net income (loss) $ (125,235) $ (92,783)
Adjustments to reconcile net income to net cash provided by operations    
Depreciation 4,054 4,513
Stock Compensation 240,178 123,429
Bad debt provision 24,036 19,494
Changes in operating assets and liabilities:    
Accounts receivable, net (515,334) (412,638)
Other receivable - related parties 28,399 (196,917)
Prepayment 320 316
Deferred tax assets (70,322) 0
Accounts payable and accrued expenses (25,100) 150,316
Deferred revenues 248,865 213,865
Other payables (500) (1,928)
Deposit from customers 0 13,672
Due to related Parties 16,160 16,090
Income tax payable 4,531 2,215
Net cash provided by (used in) operating activities (169,948) (160,357)
Investing Activities:    
Purchase of fixed assets (1,520) (3,123)
Issuance of notes receivable 1,250 0
Net cash used in Investing activities (270) (3,123)
Financing Activities:    
Proceeds from issuance of common stock 183,339 22,500
Net cash provided by financing activities 183,339 22,500
Increase (Decrease) in cash and cash equivalents 13,121 (140,981)
Cash and cash equivalents at beginning of period 900,168 973,015
Cash and cash equivalents at end of period 913,289 832,034
Interest paid 0 0
Income taxes paid $ 0 $ 0