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6. Prepaid Expenses and Other Assets, Net

12 Months Ended

Dec. 31, 2018

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses and Other Assets, Net

Note 6

PREPAID EXPENSES AND OTHER ASSETS, NET

		December 31, 2018				December 31, 2017
			$				$
Receivable from a third party (1)			551,464				–
Other receivables from third party			15,565				–
Prepaid rent expense			3,895				–
Others			2,214				–
			573,138				–
Allowance for doubtful accounts			(82,720	)			–
Prepaid expenses and other assets, net			490,418				–

(1)

The balance as of December 31, 2018 represented the receivable from a concert host. The Company sponsored a concert which was held in Taiwan in November 2018 for branding purpose. As of December 31, 2018, the Company provided a bad debt provision amounting to $82,720.