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Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2021
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of loss from discontinued operations |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2021 |  |  | 2020* |  |  | 2021 |  |  | 2020* |
REVENUES |  | $ | (8,800 | ) |  | $ | 207 |  |  | $ | 1,180,528 |  |  | $ | 1,595 |
COST OF SALES |  |  | 34 |  |  |  | 122 |  |  |  | 573,716 |  |  |  | (63 | )
GROSS PROFIT |  |  | (8,834 | ) |  |  | 85 |  |  |  | 606,812 |  |  |  | 1,658 |
OPERATING EXPENSES: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
General and administrative |  |  | 142,741 |  |  |  | 247,069 |  |  |  | 12,280 |  |  |  | 264,805 |
Selling expenses |  |  | 493 |  |  |  | 371 |  |  |  | 493 |  |  |  | 2,441 |
Bad debt provision |  |  | - |  |  |  | 2,990 |  |  |  | (3,075 | ) |  |  | 4,075 |
Total |  |  | 143,234 |  |  |  | 250,430 |  |  |  | 9,698 |  |  |  | 271,321 |
OTHER INCOME (EXPENSE) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | (281,079 | ) |  |  | 537 |  |  |  | 229 |  |  |  | 568 |
Interest expenses |  |  | (370 | ) |  |  | 45 |  |  |  | (370 | ) |  |  | - |
Other income(expenses) net |  |  | 253,173 |  |  |  | 90,854 |  |  |  | 279,363 |  |  |  | 91,287 |
Total |  |  | (28,276 | ) |  |  | 91,436 |  |  |  | 279,222 |  |  |  | 91,855 |
Income (loss) from discontinued operations before income tax |  |  | (180,344 | ) |  |  | (158,909 | ) |  |  | 876,336 |  |  |  | (177,808 | )
Income tax provision |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Income (loss) from discontinued operation before noncontrolling interest |  |  | (180,344 | ) |  |  | (158,909 | ) |  |  | 876,336 |  |  |  | (177,808 | )
Loss on disposal of discontinued operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
(INCOME) LOSS FROM DISCONTINUED OPERATION |  |  | (180,344 | ) |  |  | (158,909 | ) |  |  | 876,336 |  |  |  | (177,808 | )
Schedule of assets and liabilities related to discontinued operations |
|  | September 30, 2021 |  |  | December 31, 2020 |
Cash |  | $ | 516 |  |  | $ | 365,714 |
Other current assets |  |  | - |  |  |  | 243,586 |
Loan receivables |  |  | - |  |  |  | 5,355,944 |
Property, plant and equipment, net |  |  | 8,786 |  |  |  | 14,049 |
Amount due from related parties |  |  | 14,599 |  |  |  | 62,553 |
Total assets related to discontinued operations |  | $ | 23,901 |  |  |  | 6,041,846 |
Accounts payable |  |  | 248,253 |  |  |  | 250,288 |
Accrued expenses |  | $ | 282,503 |  |  | $ | 556,407 |
Loan payables |  |  | - |  |  |  | 379,522 |
Amount due to related parties |  |  | 466,043 |  |  |  | 1,068,879 |
Total liabilities related to discontinued operations |  | $ | 996,799 |  |  | $ | 2,255,096 |

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