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Investment in Marketable Securities
3 Months Ended
Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Investment in Marketable Securities

5. INVESTMENT IN MARKETABLE SECURITIES

 

  (i) On May 17, 2018, the Company purchased 83,333 shares of common stock in Greenpro Capital Corp. for $500,000 at a purchase price of $6 per share.
     
  (ii) On October 16, 2018, the Company purchased 33,333 shares of common stock in Greenpro Capital Corp. for $1,000 at a purchase price of $0.03 per share.

 

    As of
March 31, 2020
    As of
December 31, 2019
 
Cost of investment   $ 66,484     $ 134,166  
Less: Unrealized holding loss     (18,538 )     (68,391 )
Exchange rate effect     256       709  
Investment in marketable securities   $ 48,202     $ 66,484