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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Schedule of Expected useful life
     
    Expected useful lives  
Computer equipment   3 years  
Office equipment   5 years  
Schedule of Foreign currencies translation and transactions
      
   September 30, 2021  September 30, 2020
Period-end SGD$:US$ exchange rate  $0.73534   $0.73118 
Period average SGD$:US$ exchange rate  $0.74658   $0.71922 

 

 

Translation of amounts from VND into US$ has been made at the following exchange rates for the three and nine months ended September 30, 2021 and 2020:

 

   September 30, 2021  September 30, 2020
Period-end VND$:US$ exchange rate  $0.000044   $0.000043 
Period average VND$:US$ exchange rate  $0.000043   $0.000043 

 

Translation of amounts from INR into US$ has been made at the following exchange rates for the three and nine months ended September 30, 2021 and 2020:

 

   September 30, 2021  September 30, 2020
Period-end INR$:US$ exchange rate  $0.013463   $0.013570 
Period average INR$:US$ exchange rate  $0.013576   $0.013490 
Schedule of Common stock issued
      
   As of September 30,  As of December 31,
   2021  2020
Series A Convertible Preferred Stock (a)   8,000    8,000 
Series B Convertible Preferred Stock   764,400    764,400 
Series B-1 Convertible Preferred Stock   48,000    48,000 
Series C Convertible Preferred Stock   465,600    108,600 
Series C-1 Convertible Preferred Stock   4,195,200    865,500 
Warrants granted          
Warrants granted with Series C-1 Convertible Preferred Stock   1,178,700    614,100 
Total:   6,659,900    2,408,600 

 

  (a) The Series A the conversion formula is aggregate Stated Value divided by IPO price (Stated Value for each Series A preferred share is $1,000). There are 8,000 shares of Series A Preferred Stock issued and outstanding (10,000 shares are designated Series A).  The conversion formula would be $8 million (the aggregate stated value) divided by IPO price.