XML 51 R37.htm IDEA: XBRL DOCUMENT v3.22.1
Organization and Nature of Operations (Details) - USD ($)
1 Months Ended
Mar. 28, 2018
Mar. 23, 2020
Jan. 29, 2018
Jul. 09, 2019
Organization and Nature of Operations (Details) [Line Items]        
Equity interest percentage     100.00%  
Outstanding for a consideration (in Dollars)   $ 1,000    
Outstanding securities percentage   1.40%    
Business Acquisition [Member]        
Organization and Nature of Operations (Details) [Line Items]        
Company acquired, description the Company acquired 24.9% of MMBD Trading Limited. (“MMBD Trading”). MMBD Trading was incorporated on March 4, 2016 under the laws of the British Virgin Islands. The remaining 75.1% of MMBD Trading was owned by 32.7% shareholders of the Company. The Company agreed to purchase the remaining 75.1% of outstanding securities of MMBD Trading on April 25, 2019. The acquisition was closed on October 18, 2019. Following and as a result of this acquisition, MMBD has become a wholly-owned subsidiary of the Company. MMBD Trading acquired a wholly owned subsidiary, MM Global Securities, INC. (“MM Global”) on August 16, 2017. MMBD Trading does not conduct any operations or own any material assets or liabilities except for the 100% of the equity interest of MM Global. MM Global was incorporated in the State of Illinois on September 25, 1997 as Feil Daily Investment Co. which was changed to Whitewood Group Inc. in 2011. MM Global’s continuing membership application approved by FINRA as a broker-dealer in August 2017 and changed its name to MM IGlobal, INC. in November 2017 pursuant to the ownership change. MM IGlobal, INC. changed its name to MM Global Securities, INC. in March 2019. MM Global operates as a securities broker/dealer in New York City.      
Acquired percentage       49.00%