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Condensed Financial Information of the Parent Company (Tables)

12 Months Ended

Dec. 31, 2021

Condensed Financial Information Disclosure [Abstract]

Schedule of condensed unconsolidated financial information

		December 31,				December 31,
		2021				2020
ASSETS
Current Assets
Cash and cash equivalents		$	9,135,996			$	16,172
Total current assets			9,135,996				16,172
Investment in subsidiaries			213,804,439				181,194,669
Total Assets		$	222,940,435			$	181,210,840
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Inter-company payable		$	4,399,560			$	4,287,974
Due to related parties			727,433				727,433
Total current liabilities			5,126,993				5,015,407
Derivative liability			2,063,534				1,115,260
Total liabilities		$	7,190,527			$	6,130,667
Total stockholders’ equity			215,749,908				175,080,173
Total Liabilities and Stockholders’ Equity		$	222,940,435			$	181,210,840

Schedule of condensed statements of income and comprehensive income (loss)

		Year Ended
		December 31,
		2021				2020
Revenue			-				-
Selling, general and administrative expenses		$	761,596			$	2,082,743
Loss from Operations			(761,596	)			(2,082,743	)
Equity in earnings of unconsolidated subsidiaries			(4,198,678	)			(3,030,487	)
Loss on derivative liability			5,880,526				(426,055	)
Other Income (Expense)			-				-
Income before Income Taxes			920,252				(5,539,285	)
Provision for Income Taxes			(14,717	)			(14,717	)
Net Income		$	905,535			$	(5,554,002	)
Other comprehensive income /(loss)			4,755,446				11,798,259
Total Comprehensive Income (loss)		$	5,660,981			$	6,244,257

Schedule of condensed cash flow statement

		Year Ended
		December 31,
		2021				2020
Net Cash Used in Operating Activities		$	(776,313	)		$	(846,820	)
Net Cash Used in Investing Activities			(32,053,000	)			(2,000,000	)
Net Cash Provided by Financing Activities			41,949,138				2,791,000
Net Increase (Decrease) in Cash and Cash Equivalents			9,119,824				(55,820	)
Cash and Cash Equivalents - Beginning of Year			16,172				71,991
Cash and Cash Equivalents - End of Year		$	9,135,996			$	16,172

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- References

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- Definition

Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 3
-Paragraph i
-Subsection 10

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Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Name Regulation S-X (SX)
-Number 210
-Section 3
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Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 3
-Paragraph i
-Subsection 10

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