Carnegie Development (CDJM) 10-K 16 Apr 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Jan. 06, 2020
Document And Entity Information
Entity Registrant Name	Carnegie Development, Inc
Entity Central Index Key	0001024095
Document Type	10-K
Amendment Flag	false
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2019
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Common Stock Shares Outstanding		46,203,716
Entity Public Float	$ 12,527,466
Entity File Number	000-22057
Entity Address Address Line 1	3495 Lakeside Drive
Entity Address Address Line 2	#1087
Entity Address Postal Zip Code	89509
Entity Tax Identification Number	90-0712976
Entity Address City Or Town	Reno
Local Phone Number	345-8561
City Area Code	800
Entity Address State Or Province	NV
Entity Interactive Data Current	Yes

Balance Sheet

Balance Sheet - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current Assets:
Bank Account	$ 84
Total current assets	84
Total assets	84
Current Liabilities:
Accounts payable	233,300	120,000
Accounts payable - related parties	66,281
Accrued expenses
Total Current Liabilities	299,581	120,000
Total liabilities	299,581	0
Stockholders' Equity
Common stock: 250,000,000 shares authorized, par value $0.00001 per share, 46,203,716 shares issued and outstanding on December 31, 2019 and 41,153,156 shares issued and outstanding on December 31, 2018	3,532,757	2,270,117
Additional Paid-in Capital		1,142,640
Retained Earnings	(3,536,757)	(3,536,757)
Total Stockholders' Equity	(299,497)	(120,000)
Total Liabilities & Equity	84
Preferred Stock Series A [Member]
Stockholders' Equity
Preferred stock, value	$ 4,000	$ 4,000

Balance Sheet (Parenthetical)

Balance Sheet (Parenthetical) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
Stockholders' Equity
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares par value	$ 0.00001	$ 0.00001
Common stock, shares issued	46,203,716	41,153,156
Common stock, shares outstanding	46,203,716	41,153,156
Series A Preferred Stock [Member]
Stockholders' Equity
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares par value	$ 0.001	$ 0.001
Preferred stock, shares issued	1,000	1,000
Preferred stock, shares outstanding	1,000	1,000

Statement of Operations

Statement of Operations - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Operations
Net Revenues
Operating expenses:
Advertising and Selling Expenses
Administrative Expenses	6,121	60,000
Dues and Subscriptions	3,271
Legal & Professional Services	67,065
Taxes & Licenses	223,040
Total operating expenses	299,497	60,000
Operating loss	(299,497)	(60,000)
Net Gain (loss)	(299,497)	(60,000)
Net gain (loss) attributable to common stock	$ (299,497)	$ (60,000)
Earnings per share:
Basic and diluted	$ (0.0065)	$ (0.0015)
Basic and diluted weighted average common shares outstanding	46,203,716	41,153,156

Statement of Cash Flows

Statement of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net Gain (loss)	$ (299,497)	$ (60,000)
Adjustments to reconcile Net Income to Net Cash provided by operations:
Accounts Payable	233,300	60,000
Accounts Payable - related parties	66,280
Total Adjustments to reconcile Net Income to Net Cash provided by operations	172,993	60,000
Net cash provided by operating activities	299,581	0
NET CASH used by Investing Activities	0	0
NET CASH provided by Financing Activities	0	0
NET CASH INCREASE (DECREASE) For PERIOD	84	0
Cash, Beginning	0	0
Cash, Ending	84	0
SUPPLEMENTAL CASH FLOW INFORMATION AND NONCASH INVESTING AND FINANCING ACTIVITIES:
Cash paid during the period for: Interest	0	0
Cash paid during the period for: Income taxes	$ 0	$ 0

Statement of Changes in Equity

Statement of Changes in Equity - USD ($)	Total	Common Stock [Member]	Surplus (Deficit) [Member]	Series A Preferred Stock [Member]
Balance, shares at Dec. 31, 2017		41,153,156		1,000
Balance, amount at Dec. 31, 2017	$ (1,202,640)	$ 2,270,117	$ (3,476,757)	$ 4,000
Net Income (Loss)	$ (60,000)		$ (60,000)
Balance, shares at Dec. 31, 2018		41,153,156		1,000
Balance, amount at Dec. 31, 2018	$ (120,000)	$ 2,270,117	$ (3,536,757)	$ 4,000
Net Income (Loss)	(299,497)		$ (299,497)
Common Stock issued, shares		5,050,560
Common Stock issued, amount	$ 1,262,640	$ 1,262,640
Balance, shares at Dec. 31, 2019		46,203,716		1,000
Balance, amount at Dec. 31, 2019	$ (299,497)	$ 3,532,757	$ (3,836,254)	$ 4,000

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	12 Months Ended
	Dec. 31, 2019
ORGANIZATION AND DESCRIPTION OF BUSINESS
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS	Carnegie Development Inc., The Company Website is http://carnegiedevelopment.net/ This Company was previously known as: · Escue Energy Inc until July 1, 2019 · State of incorporation changed from Delaware to Nevada in 2015 · eDoorways Corporation, Inc. until 2015 · M Power Entertainment, Inc. until 2007 · GK Intelligent Systems, Inc. until 2005 · Technicraft Financial, Ltd. until 1994 · Incorporated in Delaware in February 1988 Effective July 1 st On Tuesday 3 rd rd

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2019
GOING CONCERN
NOTE 2 - GOING CONCERN	The Company has an accumulated deficit of $ 3,836,254 as on the reporting date and there was no revenue since inception. As of today, 14 th The Company is also seeking debt or equity financing to fund its development plan although no financing arrangements are currently in place and the Company can provide no assurance that financing will be available on acceptable terms. However, the management believes that the actions for (a) obtaining the additional funds and (b) implementing its strategic plans, provide the opportunity for the Company to continue as a going concern.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2019
SIGNIFICANT ACCOUNTING POLICIES
Note 3 - SIGNIFICANT ACCOUNTING POLICIES	This summary of significant account policies of the Company is presented to assist in understanding the Company’s financial statements. The financial statements and the notes are the representation of the Company’s management, who are responsible for their integrity and objectivity. These accounting policies conform to U.S. generally accepted accounting principles (“US GAAP”) and have been consistently applied in the preparation of the financial statements. Basis of Presentation This Company uses the enterprise reporting under the provisions of Statement of Financial Accounting Standards (“SFAS”) no. 7. The accompanying financial statements are prepared in accordance with Generally accepted accounting principles (“US GAAP”) in the United States of America. Use of Estimates The preparation of financial statements requires the management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses for the reported period. Actual results will differ from those estimates. Included in these estimates are legal risks and exposures, valuation of stock-based compensation, the potential outcome of future tax consequences of events that have been recognized in the financial statement or tax returns. Reclassification Certain amounts in the financial statements of the prior year have been reclassified to conform to the presentation of the current year for comparative purposes. Cash and Cash Equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less, when purchased, to be cash equivalents. Concentration of Credit Risks The Company is subject to concentrations of credit risk primarily from cash and cash equivalents. The Company’s cash and cash equivalents accounts are held at financial institutions and are insured by the Federal Deposit Insurance Corporation, or the FDIC, up to $250,000. As on the reporting date, there were no cash balances in excess of federally insured limits. Product Concentration Effective January 2020, the Company will be focusing on four platforms to provide a strong portfolio for its shareholder: a) Real estate development. b) Fintech and Data Integrity. c) Digital Healthcare d) Impact Investment. Fair Value of Financial Instruments The Company accounts, for the assets and liabilities measured at fair value on a recurring basis, in accordance with ASC Topic 820, Fair Value Measurements and Disclosures, ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements, establishes a framework for measuring fair value, and expands disclosure about such fair value measurements. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entities own assumptions. The Company did not have any Level 2 or Level 3 assets or liabilities on the reporting date. Additional Disclosures Regarding Fair Value Measurements The carrying value of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, interest payable, advances payable, and notes and convertible promissory notes payable approximate their fair value due to the short maturity of these items. Revenue Recognition The Company recognizes revenue on arrangements in accordance with ASC 606 — Revenue from Contracts with Customers. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. Since inception and until now, this company has not earned any revenue. Advertising The Company expenses advertising costs as incurred. The Company did not spend any money for the advertising, during the reporting period. Share-Based Payment The Company accounts for stock-based compensation in accordance with ASC Topic 718, Compensation-Stock Compensation, Under the fair value recognition provisions of this topic, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as an expense on a straight-line basis over the requisite service period, which is the vesting period. Basic and Diluted Earnings per Share Basic earnings per share are calculated by dividing the income available to stockholders by the weighted-average number of shares of Common Stock outstanding during each period. Diluted earnings per share are computed using the weighted average number of shares of Common Stock and dilutive Common Stock share equivalents outstanding during the period. Dilutive Common Stock share equivalents consist of shares issuable upon the exercise of stock options and warrants (calculated using the modified-treasury stock method). Earnings per share calculations are provided as part of the income statement. Property and Equipment Property and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives of three years. Maintenance and repairs are charged to expense as incurred. Significant renewals and betterments are capitalized. Depreciation expense is $0 for the reporting period. Impairment of Long-Lived Assets and Amortizable Intangible Assets The Company follows ASC 360-10, ”Property, Plant, and Equipment,” ”primary asset” Intangible Assets - Goodwill The excess of the purchase price over net tangible and identifiable intangible assets of business acquired is carried as Goodwill on the balance sheet. Goodwill is not amortized, but instead is assessed for impairment at least annually and upon the occurrence of certain triggering events or substantive changes in circumstances that indicate that the fair value of goodwill may be impaired. Measurement of the impairment loss, if any, is based on the difference between the carrying value and fair value of reporting unit. The goodwill impairment test follows a two-step process. In the first step, the fair value of a reporting unit is compared to its carrying value. If the carrying value of a reporting unit exceeds its fair value, the second step of the impairment test is performed for purposes of measuring the impairment. In the second step, the fair value of the reporting unit is allocated to all of the assets and liabilities of the reporting unit to determine an implied goodwill value. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of goodwill, an impairment loss will be recognized in an amount equal to that excess. There were no material impairments to the carrying value of long-lived assets and intangible assets subject to amortization during the reporting period. Acquisitions The Company recognizes the assets acquired, the liabilities assumed, and any non-controlling interest in the acquired at the acquisition date, measured at their fair values as of that date. Contingent purchase consideration is recorded at fair value at the date of acquisition. Any excess purchase price over the fair value of the net assets acquired is recorded as goodwill. Within one year from the date of acquisition, the Company may update the value allocated to the assets acquired and liabilities assumed and the resulting goodwill balances as a result of information received regarding the valuation of such assets and liabilities that was not available at the time of purchase. Measuring assets and liabilities at fair value requires the Company to determine the price that would be paid by a third-party market participant based on the highest and best use of the assets or interests acquired. Acquisition costs are expensed as incurred. Fair Value Measurements For certain financial instruments, including accounts receivable, accounts payable, interest payable, advances payable and notes payable, the carrying amounts approximate fair value due to their relatively short maturities. The Company follows ASC 820-10, ”Fair Value Measurements and Disclosures.” Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company did not identify any non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value in accordance with ASC 815. ASC 825-10 ”Financial Instruments.” Borrowings Borrowings are recognized initially at cost, which is the fair value of the proceeds received, net of transaction costs incurred. In subsequent periods, borrowings are stated at amortized cost using the effective yield method; any difference between fair value of the proceeds (net of transaction costs) and the redemption amount is recognized as interest expense over the period of the borrowings. Provisions Provisions are recognized when the Company has a present legal or constructive obligation as a result of past events, and it is probable that an outflow of resources will be required to settle the obligation, and a reliable estimate of the amount can be made. Where the Company expects a provision to be reimbursed, for example under an insurance contract, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually certain. The Company recognizes the estimated liability to repair or replace products sold still under warranty at the balance sheet date. This provision is calculated based on past history of the level of repairs and replacements. Legal Matters In the ordinary course of our business, we may be subject to various claims, pending and potential legal actions for damages, investigations relating to governmental laws and regulations and other matters arising out of the normal conduct of our business. Silverland Finance Ltd, Platinum Investment Corporation, Lin Zhou, Jin Wang, and Li Jun (collectively known as plaintiffs) have filed a law suit on (i) Wall007, LLC, (ii) Wall009, LLC, (iii) Timothy Barton, (iv) Sada Cumber, and (v) Carnegie Development, Inc. (collectively known as defendants) on November 15, 2019 in the 44th Judicial District of Texas in Dallas County, Texas, Case No DC-19-18361 and on 25 th st There are no other pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, or any owner of record or beneficially of more than 5% of any class of voting securities of the Company, is a party. Special Purpose Entities The Company does not have any off-balance sheet financing activities, as on the reporting date three special purpose entities as wholly owned subsidiaries are likely additions as per the MOU dated 30 th Net Income per Share The Company computes net income (loss) per share in accordance with ASC 260-10, ”Earnings per Share.” ”as if converted”

COMMON STOCK AND PREFERRED STOC

COMMON STOCK AND PREFERRED STOCK	12 Months Ended
	Dec. 31, 2019
COMMON STOCK AND PREFERRED STOCK
NOTE 4 - COMMON STOCK AND PREFERRED STOCK	Common Stock There is currently only one class of common stock. Each share common stock is entitled to one vote. The authorized number of shares of common stock of the Company on the reporting date was 250,000,000 shares with a par value per share of $0.00001. Authorized shares that have been issued and outstanding are 46,203,716 as on the reporting date. Past dues were settled by share issuance as reflected in Statement of Shareholders equity. Preferred Stock Series A [1] Designation [2] Liquidation Preference [3] Dividends [4] Number [5] Conversion [7] Voting Rights

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2019
RELATED PARTY TRANSACTIONS
NOTE 5 - RELATED PARTY TRANSACTIONS	Q4 2019 Q3 2019 Q2 2019 Q1 2019 Compensation. $ 0 $ 0 $ 0 $ 0 In July 2019, the Company signed a contract with JMJ development, Inc. for all the administrative support. The owner of JMJ Development, Inc. is a major shareholder in the Company.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2019
INCOME TAXES
NOTE 6 - INCOME TAXES	Deferred income taxes are provided using the liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carryforwards, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of the changes in tax laws and rates of the date of enactment. When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Applicable interest and penalties associated with unrecognized tax benefits are classified as additional income taxes in the statements of operations. A reconciliation of the Company’s effective tax rate to the statutory federal rate is as follows: The components of the deferred tax assets and liabilities are as follows: December 31, 2019 December 31, 2018 Deferred tax assets: Net operating loss carryovers $ 3,836,254 $ 3,536,757 Stock-based compensation - - Other temporary differences - - Total deferred tax assets $ 3,836,254 $ 3,536,757 Valuation allowance $ (3,836,254 ) $ (3,536,757 ) Net deferred tax asset $ - $ - As on the reporting date, the Company had net operating loss carryovers of $3,836,254 that may be applied against future taxable income and expires at various dates between 2026 and 2031, subject to certain limitations. The Company has a deferred tax asset arising substantially from the benefits of such net operating loss deduction and has recorded a valuation allowance for the full amount of this deferred tax asset since it is more likely than not that some or all of the deferred tax asset may not be realized.

RECLASSIFICATIONS

RECLASSIFICATIONS	12 Months Ended
	Dec. 31, 2019
RECLASSIFICATIONS
NOTE 7 - RECLASSIFICATIONS	Prior year balances are reclassified to conform to the current year presentation.

CONTINGENCIES

CONTINGENCIES	12 Months Ended
	Dec. 31, 2019
CONTINGENCIES
NOTE 8 - CONTINGENCIES	The management reviewed with the legal team and concludes that there are no disputes remaining unresolved and hence there are no contingent liabilities as on the reporting date. The company is trying to settle the claims by share issuance as and when received and processed.

NOTES PAYABLE

NOTES PAYABLE	12 Months Ended
	Dec. 31, 2019
NOTES PAYABLE
NOTE 9 - NOTES PAYABLE	No notes payable is outstanding as on the reporting date.

MANAGEMENT ASSERTIONS ON CRITIC

MANAGEMENT ASSERTIONS ON CRITICAL AUDIT MATTERS	12 Months Ended
	Dec. 31, 2019
MANAGEMENT ASSERTIONS ON CRITICAL AUDIT MATTERS
NOTE 10 - MANAGEMENT ASSERTIONS ON CRITICAL AUDIT MATTERS	Manuals and handbooks

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2019
SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	This Company uses the enterprise reporting under the provisions of Statement of Financial Accounting Standards (“SFAS”) no. 7. The accompanying financial statements are prepared in accordance with Generally accepted accounting principles (“US GAAP”) in the United States of America.
Use of Estimates	The preparation of financial statements requires the management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reporting amounts of revenues and expenses for the reported period. Actual results will differ from those estimates. Included in these estimates are legal risks and exposures, valuation of stock-based compensation, the potential outcome of future tax consequences of events that have been recognized in the financial statement or tax returns.
Reclassification	Certain amounts in the financial statements of the prior year have been reclassified to conform to the presentation of the current year for comparative purposes.
Cash and Cash Equivalents	The Company considers all highly liquid temporary cash investments with an original maturity of three months or less, when purchased, to be cash equivalents.
Concentration of Credit Risks	The Company is subject to concentrations of credit risk primarily from cash and cash equivalents. The Company’s cash and cash equivalents accounts are held at financial institutions and are insured by the Federal Deposit Insurance Corporation, or the FDIC, up to $250,000. As on the reporting date, there were no cash balances in excess of federally insured limits.
Product Concentration	Effective January 2020, the Company will be focusing on four platforms to provide a strong portfolio for its shareholder: a) Real estate development. b) Fintech and Data Integrity. c) Digital Healthcare d) Impact Investment.
Fair Value of Financial Instruments	The Company accounts, for the assets and liabilities measured at fair value on a recurring basis, in accordance with ASC Topic 820, Fair Value Measurements and Disclosures, ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements, establishes a framework for measuring fair value, and expands disclosure about such fair value measurements. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below: Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entities own assumptions. The Company did not have any Level 2 or Level 3 assets or liabilities on the reporting date.
Additional Disclosures Regarding Fair Value Measurements	The carrying value of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses, interest payable, advances payable, and notes and convertible promissory notes payable approximate their fair value due to the short maturity of these items.
Revenue Recognition	The Company recognizes revenue on arrangements in accordance with ASC 606 — Revenue from Contracts with Customers. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. Since inception and until now, this company has not earned any revenue.
Advertising	The Company expenses advertising costs as incurred. The Company did not spend any money for the advertising, during the reporting period.
Share-Based Payment	The Company accounts for stock-based compensation in accordance with ASC Topic 718, Compensation-Stock Compensation, Under the fair value recognition provisions of this topic, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as an expense on a straight-line basis over the requisite service period, which is the vesting period.
Basic and Diluted Earnings per Share	Basic earnings per share are calculated by dividing the income available to stockholders by the weighted-average number of shares of Common Stock outstanding during each period. Diluted earnings per share are computed using the weighted average number of shares of Common Stock and dilutive Common Stock share equivalents outstanding during the period. Dilutive Common Stock share equivalents consist of shares issuable upon the exercise of stock options and warrants (calculated using the modified-treasury stock method). Earnings per share calculations are provided as part of the income statement.
Property and Equipment	Property and equipment are recorded at cost and are depreciated on a straight-line basis over their estimated useful lives of three years. Maintenance and repairs are charged to expense as incurred. Significant renewals and betterments are capitalized. Depreciation expense is $0 for the reporting period.
Impairment of Long-Lived Assets and Amortizable Intangible Assets	The Company follows ASC 360-10, ”Property, Plant, and Equipment,” ”primary asset”
Intangible Assets - Goodwill	The excess of the purchase price over net tangible and identifiable intangible assets of business acquired is carried as Goodwill on the balance sheet. Goodwill is not amortized, but instead is assessed for impairment at least annually and upon the occurrence of certain triggering events or substantive changes in circumstances that indicate that the fair value of goodwill may be impaired. Measurement of the impairment loss, if any, is based on the difference between the carrying value and fair value of reporting unit. The goodwill impairment test follows a two-step process. In the first step, the fair value of a reporting unit is compared to its carrying value. If the carrying value of a reporting unit exceeds its fair value, the second step of the impairment test is performed for purposes of measuring the impairment. In the second step, the fair value of the reporting unit is allocated to all of the assets and liabilities of the reporting unit to determine an implied goodwill value. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of goodwill, an impairment loss will be recognized in an amount equal to that excess. There were no material impairments to the carrying value of long-lived assets and intangible assets subject to amortization during the reporting period.
Acquisitions	The Company recognizes the assets acquired, the liabilities assumed, and any non-controlling interest in the acquired at the acquisition date, measured at their fair values as of that date. Contingent purchase consideration is recorded at fair value at the date of acquisition. Any excess purchase price over the fair value of the net assets acquired is recorded as goodwill. Within one year from the date of acquisition, the Company may update the value allocated to the assets acquired and liabilities assumed and the resulting goodwill balances as a result of information received regarding the valuation of such assets and liabilities that was not available at the time of purchase. Measuring assets and liabilities at fair value requires the Company to determine the price that would be paid by a third-party market participant based on the highest and best use of the assets or interests acquired. Acquisition costs are expensed as incurred.
Fair Value Measurements	For certain financial instruments, including accounts receivable, accounts payable, interest payable, advances payable and notes payable, the carrying amounts approximate fair value due to their relatively short maturities. The Company follows ASC 820-10, ”Fair Value Measurements and Disclosures.” Level 1 inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets. Level 2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company did not identify any non-recurring assets and liabilities that are required to be presented in the balance sheets at fair value in accordance with ASC 815. ASC 825-10 ”Financial Instruments.”
Borrowings	Borrowings are recognized initially at cost, which is the fair value of the proceeds received, net of transaction costs incurred. In subsequent periods, borrowings are stated at amortized cost using the effective yield method; any difference between fair value of the proceeds (net of transaction costs) and the redemption amount is recognized as interest expense over the period of the borrowings.
Provisions	Provisions are recognized when the Company has a present legal or constructive obligation as a result of past events, and it is probable that an outflow of resources will be required to settle the obligation, and a reliable estimate of the amount can be made. Where the Company expects a provision to be reimbursed, for example under an insurance contract, the reimbursement is recognized as a separate asset but only when the reimbursement is virtually certain. The Company recognizes the estimated liability to repair or replace products sold still under warranty at the balance sheet date. This provision is calculated based on past history of the level of repairs and replacements.
Legal Matters	In the ordinary course of our business, we may be subject to various claims, pending and potential legal actions for damages, investigations relating to governmental laws and regulations and other matters arising out of the normal conduct of our business. Silverland Finance Ltd, Platinum Investment Corporation, Lin Zhou, Jin Wang, and Li Jun (collectively known as plaintiffs) have filed a law suit on (i) Wall007, LLC, (ii) Wall009, LLC, (iii) Timothy Barton, (iv) Sada Cumber, and (v) Carnegie Development, Inc. (collectively known as defendants) on November 15, 2019 in the 44th Judicial District of Texas in Dallas County, Texas, Case No DC-19-18361 and on 25 th st There are no other pending legal proceedings to which the Company is a party or in which any director, officer or affiliate of the Company, or any owner of record or beneficially of more than 5% of any class of voting securities of the Company, is a party.
Special Purpose Entities	The Company does not have any off-balance sheet financing activities, as on the reporting date three special purpose entities as wholly owned subsidiaries are likely additions as per the MOU dated 30 th
Net Income per Share	The Company computes net income (loss) per share in accordance with ASC 260-10, ”Earnings per Share.” ”as if converted”

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2019
RELATED PARTY TRANSACTIONS
Schedule of related party transaction	Q4 2019 Q3 2019 Q2 2019 Q1 2019 Compensation. $ 0 $ 0 $ 0 $ 0

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2019
INCOME TAXES
Schedule of deferred tax assets and liabilities	December 31, 2019 December 31, 2018 Deferred tax assets: Net operating loss carryovers $ 3,836,254 $ 3,536,757 Stock-based compensation - - Other temporary differences - - Total deferred tax assets $ 3,836,254 $ 3,536,757 Valuation allowance $ (3,836,254 ) $ (3,536,757 ) Net deferred tax asset $ - $ -

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative)	Dec. 31, 2019USD ($)
GOING CONCERN
Accumulated deficit	$ (3,836,254)

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)	12 Months Ended
	Dec. 31, 2019USD ($)
SIGNIFICANT ACCOUNTING POLICIES
FDIC, amount	$ 250,000
Property and Equipment, estimated useful lives	3 years
Depreciation expense	$ 0

COMMON STOCK AND PREFERRED ST_2

COMMON STOCK AND PREFERRED STOCK (Details Narrative)	12 Months Ended
	Dec. 31, 2019integer$ / sharesshares	Dec. 31, 2018$ / sharesshares
Commom stock voting rights, description	The Series A Preferred Stock, collectively, are entitled to that number of votes which shall equal Seventy-five percent (75%) of all eligible votes.
Number of shareholder | integer	1
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares par value | $ / shares	$ 0.00001	$ 0.00001
Common stock, shares issued	46,203,716	41,153,156
Common stock, shares outstanding	46,203,716	41,153,156
Preferred Stock Series A [Member]
Preferred stock, shares authorized	1,000
Preferred stock, shares par value | $ / shares	$ 0.001
Preferred stock, shares issued	1,000
Preferred stock, shares outstanding	1,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2019	Jun. 30, 2019	Sep. 30, 2019	Dec. 31, 2019
Officer [Member]
Compensation	$ 0	$ 0	$ 0	$ 0

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets:
Net operating loss carryovers	$ 3,836,254	$ 3,536,757
Stock-based compensation
Other temporary differences
Total deferred tax assets	3,836,254	3,536,757
Valuation allowance	(3,836,254)	(3,536,757)
Net deferred tax asset

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
	Dec. 31, 2019USD ($)
INCOME TAXES
Net operating loss carryforward	$ 3,836,254
Expiration year	between 2026 and 2031