Dbub (DBUB) 10-K 16 Apr 19 2018 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Apr. 16, 2019	Jun. 30, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	DBUB GROUP, INC
Entity Central Index Key	0001076784
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Trading Symbol	DBUB
Entity Common Stock, Shares Outstanding		20,935,106
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth	true
Entity Shell Company	false
Extended transition period	false
Entity Well Known Seasoned Issuer	No
Entity Voluntary Filer	No
Entity Public Float			$ 17,800,000
Is Entity's Reporting Status Current?	Yes

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash and equivalents	$ 1,554,049	$ 23,048
Other receivables	305,523
Prepaid expenses and other current assets	235,265	317,334
Refundable deposit	606,336
Advances to suppliers	105,824
Advance to related party	33,693
Current assets in discontinued operations		734,382
Total current assets	2,840,690	1,074,764
Fix assets, net	108,006
Intangible assets	20,354
Non-current asset in discontinued operations		500,361
Total assets	2,969,050	1,575,125
Current liabilities:
Accounts payable	11,837
Advance from related party	3,231,871
Accrued expenses and other payable	402,976	143,291
Advance from customers	4,362
Income tax payable	990
Current liabilities in discontinued operations		5,592,750
Total Liabilities	3,652,036	5,736,041
Stockholders' deficit:
Common stock, $0.001 par value, 50,000,000 shares authorized, 20,935,106 and 11,267,918 issued and outstanding as of December 31, 2018 and 2017	20,935	11,268
Additional paid-in capital	29,145,246	28,443,515
Subscription receivable		(50,000)
Statutory reserve		11,542,623
Other comprehensive income	22,939	7,953,635
Accumulated deficit	(29,872,106)	(51,980,658)
Total DBUB Group stockholders' deficit	(682,986)	(4,079,617)
Noncontrolling interest		(81,299)
Total stockholders' deficit	(682,986)	(4,160,916)
Total liabilities and stockholders' deficit	$ 2,969,050	$ 1,575,125

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	20,935,106	11,267,918
Common stock, shares outstanding	20,935,106	11,267,918

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE GAIN (LOSS) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Statement [Abstract]
Revenue
Cost of sales
Gross profit
General and administrative expenses	647,035	276,524
Loss from conitnuing operations	(647,035)	(276,524)
Other (income) expense:
Interest income	(795)
Other income	(11,862)	(126,005)
Other expense	427,793	1,165
Total other expense	415,136	(124,840)
Loss from continuing operations before income taxes	(1,062,171)	(151,684)
Provision for income taxes		2,123
Net gain/(loss) from continuing operations	(1,062,171)	(153,807)
Net gain (loss) from discontinued operatios, net of income taxes	3,855,189	(1,237,285)
Net gain/(loss) including noncontrolling interest	2,793,018	(1,391,092)
Net gain/(loss) attributable to noncontrolling interest		(254,272)
Net gain/(loss) attributable to DBUB Group	2,793,018	(1,136,820)
Other comprehensive items:
Foreign currency translation loss attributable to DBUB Group	22,939	256,056
Foreign currency translation loss attributable to noncontrolling interest		(6,189)
Comprehensive loss attributable to DBUB Group	2,815,957	(1,386,687)
Comprehensive loss attributable to noncontrolling interest		$ (260,461)
Basic and diluted earnings (loss) per share:
Continuing operations	$ (0.06)	$ (0.01)
Discontinued operations	0.22	(0.11)
Net earnings (loss) per share	$ 0.16	$ (0.12)
Weighted average shares outstanding:
Basic	17,403,959	11,263,251
Diluted	17,403,959	11,263,251

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT - USD ($)	Common Stock	Additional Paid-In Capital	Subscription Receivable	Statutory Reserve	Other Comprehensive Income	Accumulated Deficit	Noncontrolling Interest	Total
Beginning Balance, Shares at Dec. 31, 2016	11,057,918
Beginning Balance, Amount at Dec. 31, 2016	$ 11,058	$ 28,370,225	$ (50,000)	$ 11,542,623	$ 8,190,808	$ (50,843,838)	$ 163,826	$ (2,596,415)
Foreign currency translation adjustments					(256,056)			(256,056)
Issuance of common stock for financing, Amount							11,536	11,536
Deferred stock compensation, shares	210,000
Disposal of subsidiary							(2,388)	(2,388)
Net loss attributable to Yosen Group						(1,136,820)		(1,136,820)
Noncontrolling interest							(254,273)	$ (254,273)
Ending Balance, Shares at Dec. 31, 2017	11,267,918							11,267,918
Ending Balance, Amount at Dec. 31, 2017	$ 11,268	28,443,515	(50,000)	11,542,623	7,953,635	(51,980,658)	(81,299)	$ (4,160,916)
Foreign currency translation adjustments					105,603			105,603
Issuance of common stock for financing, Shares	11,405,522
Issuance of common stock for financing, Amount	$ 11,406	1,012,893						1,024,299
Retirement of treasury stock, shares	(1,738,330)
Retirement of treasury stock, amount	$ (1,738)	(311,162)						(312,900)
Disposal of subsidiary			50,000	11,542,623	(8,036,299)	23,170,723	81,299	3,723,100
Net loss attributable to Yosen Group						(1,062,171)		(1,062,171)
Noncontrolling interest
Ending Balance, Shares at Dec. 31, 2018	20,935,110							20,935,106
Ending Balance, Amount at Dec. 31, 2018	$ 20,935	$ 29,145,246			$ 22,939	$ (29,872,106)		$ (682,986)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 2,793,018	$ (1,391,092)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based compensation	158,667	158,667
Depreciation and amortization - discontinued operations	37,991	64,748
Net gain on disposal of discontinued operation	(4,076,277)	(3,508)
Gain from relief of accounts payable - discontinued operations		(126,005)
(Increase) decrease in assets:
Other receivable	(303,294)
Prepaid expenses and other current assets	(600,564)
Advance to suppliers	(110,033)
Change in assets of discontinued operations	269,147	1,520,868
Accounts payable	12,308
Accrued expenses and other payable	151,938	76,291
Income tax payable	1,029
Change in liabilities of discontinued operations	787,946	(686,207)
Net cash used in operating activities	(878,125)	(386,239)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(111,633)
Payment for intangible asset	(21,164)
Purchase of property and equipment- discontinued operations	(4,967)	31,889
Construction in progress - discontinued operations		(29,347)
Net cash used in investing activities	(137,764)	2,542
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from common stock and warrants subscription	299,000
Advance from related party	3,199,207
Proceeds from common stock and warrants subscription - discontinued operations	(29,369)	18,588
Proceeds from short term loan - discontinued operations		(342,250)
Advance from (to) related party- discontinued operations	(841,690)	627,973
Net cash provided (used in) by financing activities	2,627,147	304,311
Effect of exchange rate changes on cash and equivalents	(80,258)	(33,413)
Net decrease in cash and equivalents	1,531,001	(112,799)
Cash and equivalents, beginning of period	23,048	135,847
Cash and equivalents, end of year	1,554,049	23,048
Supplemental disclosure of cash flow information:
Income taxes paid
Interest paid- discontinued operations		$ 237,206

ORGANIZATION

ORGANIZATION	12 Months Ended
	Dec. 31, 2018
Organization [Abstract]
ORGANIZATION	Note 1 - ORGANIZATION DBUB Group Inc is a Nevada corporation, organized on August 20, 1998 under the name Editworks, Ltd. Our corporate name was changed to TriLucent Technologies Corp. on April 3, 2001, to Anza Innovations, Inc. on November 13, 2002, to Gaofeng Gold Corporation on February 12, 2004, to Sun Oil & Gas on December 16, 2004, to China 3C Group on December 19, 2005, to Yosen Group, Inc. on December 21, 2012 and to DBUB Group, Inc on September 5, 2018. Our address is No. 108 ShangCheng Road, Suite 1-1003, Pudong New District, Shanghai, China 200120, telephone +086-156-18521412. Our website is www.yosn.com. Information on our website or any other website does not constitute a part of this annual report. On February 6, 2018, the Company established a wholly-owned subsidiary in British Virgin Islands, DB-Link Ltd (“DB-Link”). The Company plans to operate franchising or operations of restaurants through DB-Link. On June 12, 2018, the Company established a wholly-owned subsidiary DBUB PTE. LTD (“DBUB Pte”) in Singapore. On August 30, 2018, the Company established Huantai (Shanghai) Catering Management Co, Ltd. (“Huantai”), a wholly foreign owned subsidiary in China to execute its plan to execute its restaurant franchise business. ORGANIZATIONAL CHART Our corporate structure as of December 31, 2018 is as follows:

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying consolidated financial statements (“CFS”) were prepared in accordance with accounting principles generally accepted in the United States (GAAP) with the instructions to Form 10-K and Article 10 of Regulation S-X. All adjustments (consisting of normal recurring items) necessary to present fairly the Company’s consolidated financial position have been included. Reclassifications have been made to conform historical financial statements with the current period’s presentation. The parent company does not have operations. Its main activities were incurring expenses relating to its status as a public company in the United States. Going Concern The accompanying CFS were prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. For 2018, the Company realized a net loss from continuing operations of $1,062,171. The Company does not generate substantial revenue from continuing operations and requires significant funding for its operations with no assurance as to its ability to obtain the funding on reasonable, if any, terms. The Company has an accumulated deficit of $29,872,106 as of December 31, 2018. There can be no assurance that the Company will become profitable or obtain necessary financing for its business or that it will be able to continue in business. As of December 31, 2018, related parties, including the Company’s chief executive officer, made advances to the Company of $3,231,871. These issues raise substantial doubt regarding the Company’s ability to continue as a going concern. Principles of Consolidation The CFS include the accounts of the Company and its subsidiaries. The consolidated results of operations and consolidated financial condition of Capital is reflected as net gain from discontinued operations, and the assets and liabilities of the discontinued operations at December 31, 2017 are reflected as current and non-current assets and liabilities of the Company’s discontinued operations. All material intercompany accounts, transactions and profits were eliminated in consolidation. Currency Translation The reporting currency of the Company is the United States dollar. The accounts of Huantai were maintained, and its financial statements were expressed RMB and the accounts of DBUB Pte Singapore dollars (SGD), which are the respective functional currency of the subsidiaries. Our financial statements were translated into United States dollars in accordance with FASB ASC Topic 830-10, ”Foreign Currency Translation,” ”Reporting Comprehensive Income,” The impact of foreign translation from our accounts in RMB and SGD to U.S. dollars on the Company’s operating results was not material in the years ended December 31, 2018 and 2017. During the translation process, the assets and liabilities of all subsidiaries are translated into US dollars at period-end exchange rates. The revenues and expenses are translated into U.S. dollars at average exchange rates of the periods. Resulting translation adjustments are recorded as a component of accumulated other comprehensive income within stockholders’ equity. December 31, 2018 2017 RMB/$ exchange rate at period end 0.1512 0.1408 Average RMB/$ exchange rate for the periods 0.1454 0.1537 December 31, 2018 2017 SGD/$ exchange rate at period end 0.7340 — Average SGD/$ exchange rate for the periods 0.7411 — Transaction gains or losses arising from exchange rate fluctuation on transactions denominated in a currency other than the functional currency were included in the consolidated Statements of Operations and Comprehensive Loss. As a result of the translation, the Company recorded a foreign currency gain of $22,939 and a gain of $256,056 for the years ended December 31, 2018 and 2017. Use of Estimates The preparation of financial statements in conformity with US GAAP requires 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 reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Risks and Uncertainties The Company is subject to risks from, among other things, intense competition associated with the industry in general, other risks associated with financing, liquidity requirements, rapidly changing customer tastes and requirements, limited operating history, foreign currency exchange rates and the volatility of public markets as well as other risks associated with the restaurant and related industries. Contingencies Certain conditions may exist as of the date the financial statements are issued, which could result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company’s management assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company’s management evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability is accrued in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material would be disclosed. Loss contingencies considered to be remote by management are generally not disclosed unless they involve guarantees, in which case the guarantee would be disclosed. Property and Equipment, net Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives of: Automotive 5 years Office Equipment 5 years As of December 31, 2018, and 2017, property and equipment consisted of the following: 2018 2017 Automotive $ 116,284 $ 44,015 Office equipment 163,100 Plant and equipment 217,702 Construction in progress — Subtotal 424,817 Less: accumulated depreciation (8,278 ) (267,844 ) Total $ 108,006 $ 156,973 Long-Lived Assets The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with FASB ASC 360, “ Property, Plant and Equipment,” Fair Value of Financial Instruments FASB ASC Topic 825, “ Financial Instruments General and Administrative Expenses General and administrative expenses are comprised principally of payroll and benefits costs for corporate employees, occupancy costs of corporate facilities, lease expenses, management fees, traveling expenses and other operating and administrative expenses, including freight charges, purchase and delivery costs, internal transfer freight charges and other distribution costs. Share Based Payment The Company follows FASB ASC 718-10, “Stock Compensation” Other Income Other income was $11,862 and $126,006 for the years ended December 31, 2018 and 2017 respectively. Other income in 2017 was primarily attributable to the accounts payable forgiven. Other Expense Other expense was $427,793 and $443,674 for the years ended December 31, 2018 and 2017, respectively. Other expense consists of the following: 2018 2017 Interest expense $ 414,435 $ 237,206 Bank fees 1,252 9,493 Miscellaneous 12,106 196,975 Total other expense $ 427,793 $ 443,674 Interest expense for 2018 was interest owed to the chairman of the board and an officer. Income Taxes The Company utilizes FASB ASC Topic 740, “Income Taxes” Basic and Diluted Earnings (Loss) per Share Earnings (loss) per share are calculated in accordance with FASB ASC Topic 260, “Earnings per Share,” Statement of Cash Flows In accordance with FASB ASC Topic 230, “Statement of Cash Flows,” cash flows from the Company’s operations are calculated based upon the functional currency, in our case the RMB and SGD. As a result, amounts related to changes in assets and liabilities reported on the statement of cash flows will not necessarily agree with the changes in the corresponding balances on the balance sheet. Following the disposal of the discontinued operations, cash from operations, investing and financing activities for the year ended December 31, 2018 is net of the effect of such disposal. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk are cash, accounts receivable, advances to suppliers and other receivables arising from its normal business activities. The Company places its cash in what it believes to be credit-worthy financial institutions. Since the Company has not generated any revenues or commenced operations in its continuing business, the Company cannot evaluate the risk of a concentration of credit risk. Segment Reporting FASB ASC Topic 280, “Segment Reporting,” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance. Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company. Following the Company’s disposal of its existing business, the Company has one operating segment, the restaurant business, which has not generated any revenues through December 31, 2018. Recent Accounting Pronouncements In June 2018, the FASB issued ASU 2018-07, “Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting.” The Company has reviewed all other recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on the Company’s financial statements.

ADVANCES TO SUPPLIERS

ADVANCES TO SUPPLIERS	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
ADVANCES TO SUPPLIERS	Note 3 - ADVANCES TO SUPPLIERS Advances to suppliers represent advance payments to suppliers for the purchase of inventory.

PREPAID EXPENSES AND OTHER CURR

PREPAID EXPENSES AND OTHER CURRENT ASSETS	12 Months Ended
	Dec. 31, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
PREPAID EXPENSES AND OTHER CURRENT ASSETS	Note 4 - PREPAID EXPENSES AND OTHER CURRENT ASSETS Prepaid expenses and other current assets in 2018 and 2017 was $235,265 and $317,334. Prepaid expense consists primarily the deferred stock compensation recorded at the end of 2018 and 2017 for restricted stocks issued on December 23, 2016. The deferred stock compensation is expensed over three years.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
COMMON STOCK	Note 5 - COMMON STOCK Stock options - Options issued have a 10-year life and were vested upon issuance. The option holder has no voting or dividend rights. The grant price was the market price at the date of grant. The Company records the expense of the stock options over the related vesting period. The options were valued using the Black-Scholes option-pricing model at the date of grant stock option pricing and are classified as equity. The outstanding stock warrants were issued in 2015 and 2016. No options or warrants were issued during 2017 and 2018. Outstanding options and warrants by exercise price consisted of the following as of December 31, 2018: Exercise Price Number of Shares Weighted Average Remaining Life (Years) Weighted Average Exercise Price Number of Shares Weighted Average Exercise Price Warrants: $ 0.75 66,975 0.15 $ 0.75 66,975 0.75 $ 0.75 190,532 0.45 $ 0.75 190,532 0.75 (1) On November 16, 2015, the Company issued stock warrants to purchase 66,975 shares of common stock at $0.75 per share. The warrants expired on November 15, 2018. The Company determined the fair value of these warrants was $81,375 based on the following assumptions: Term 3 years Expected volatility 203 % Risk – free interest rate 1.2 % Dividend yield 0 % Weighted-average grant date fair value $ 1.215 (2) On March 18, 2016, the Company issued warrants to purchase 190,532 shares of common stock at $0.75 per share as part of a private placement of 190,532 units with each unit consisting of one share of common stock and a three-year warrant to purchase one share of common stock. The Company determined that the fair value of these warrants was $206,917 based on the following assumptions: Term 3 years Expected volatility 178 % Risk – free interest rate 1.0 % Dividend yield 0 % Weighted-average grant date fair value $ 1.086

COMPENSATED ABSENCES

COMPENSATED ABSENCES	12 Months Ended
	Dec. 31, 2018
Notes to Financial Statements
COMPENSATED ABSENCES	Note 6 - COMPENSATED ABSENCES Regulation 45 of the labor laws in the PRC entitles employees to annual vacation leave after one year of service. In general all leaves must be utilized annually, with proper notification, any unutilized leave is cancelled.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	Note 7 - INCOME TAXES The parent company is subject to the U.S. federal income tax at 21% in 2018 and 34% in 2017. The parent company does not conduct any operations and only incurs expenses, such as legal fees, accounting fees, investor relations expenses and filing fees, relating to the Company’s status as a reporting company under the U.S. securities laws. DB-Link Ltd is not subject to U.S. or PRC income tax and is not subject to income tax in the British Virgin Islands. In 2018 and 2017, the U.S. operating subsidiaries incurred a net operating loss of $300,796 and $153,807. As a result, $63,167 and $32,299 of deferred tax assets and the same amount of valuation allowance were recorded to offset deferred tax assets for 2018 and 2017. Our PRC subsidiary Huantai was subject to the PRC income tax at a rate of 25%. Singpore subsidiary DBUB Pte was subject to an income tax rate of 17%. Discontinued operations sold on May 22, 2018 were subject to the PRC income tax at a rate of 25% before May 22, 2018. The components of deferred income tax assets and liabilities as of December 31, 2018 and 2017 are as follows: 2018 2017 Deferred tax assets: U.S. net operating losses $ 63,167 $ 32,299 PRC operation 69,593 — Singapore operation 89,133 — Discontinued operation 37,753 309,322 Total deferred tax assets 259,646 341,621 Less valuation allowance (259,646 ) (341,621 ) $ — $ — Reconciliation of the differences between the statutory U.S. Federal income tax rate and the effective rate is as follows for 2018 and 2017. 2018 2017 Tax benefit at US Statutory Rate (21.0 )% (21.0 )% Tax rate difference 0.8 % (3.6 )% Valuation allowance 20.2 % 24.6 % Effective rate — % — %

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	Note 8 – DISCONTINUED OPERATIONS The Company’s former business was the distribution of imported products, including digital products, baby products, health nutrition and frozen food through its online store, applications on mobile devices and also in physical stores. The Company had sustained continuing losses in this business and did not believe it will be able to operate that business profitably. As a result, the Company transferred the equity in Capital to its former chief executive officer in May 2018. The Company’s former business is treated as a discontinued operation. As of December 31, 2018, the Company had no assets and liabilities associated with the discontinued operations. The following table summarizes the assets and liabilities of the discontinued operations as of December 31, 2017 included in the Consolidated Balance Sheets: December 31, 2017 Cash $ 15,167 Accounts receivable 94,465 Inventories 388,609 Advance to suppliers 149,530 Prepaid expenses and other receivables 101,778 Intangible asset 23,694 Other non-current asset 319,694 Property, plant and equipment 156,973 Total assets 1,249,910 Short-term loans (2,795,441 ) Accounts payable (323,975 ) Advance from customers (106,292 ) Accrued expenses and other payable (710,997 ) Income tax payable (832,306 ) Advance from related party (823,739 ) Total liabilities (5,592,750 ) Net liabilities $ (4,342,840 ) As a result of the sale of Capital to former chief executive officer, the Company recognized a gain of $4,077,267 from the disposition of Capital and its affiliates stock in the year ended December 31, 2018. This amount consists of a $2,456,389 gain from sale of the Company’s equity in Capital and its affiliates and $1,620,878 reflecting the principal of loans by Capital on the date of the transfer, which, as a result of the transfer of the equity in Capital, are no longer obligations of the Company. The obligations were liabilities of Capital with no recourse to the Company. The following table summarizes the operating results of the discontinued operations included in the Consolidated Statements of Operations and Comprehensive Loss for the years ended December 31, 2018 and 2017: 2018 2017 Sales, net $ 272,204 $ 2,386,858 Cost of sales (246,888 ) (2,273,246 ) Gross profit 25,316 113,612 General and administrative expenses (188,110 ) (686,305 ) Loss from discontinued operations (162,794 ) (572,693 ) Other expenses (59,283 ) (244,826 ) Gain on disposal of discontinued operations 4,077,266 — Income (loss) before income taxes 3,855,189 (817,519 ) Provision for income taxes — (2,123 ) Net income (loss) from discontinued operations, net of income tax $ 3,855,189 $ (819,642 )

OTHER COMPREHENSIVE INCOME

OTHER COMPREHENSIVE INCOME	12 Months Ended
	Dec. 31, 2018
Foreign Currency [Abstract]
OTHER COMPREHENSIVE INCOME	Note 9 - OTHER COMPREHENSIVE INCOME Other comprehensive income, included in stockholders’ deficit at December 31, 2018 and 2017, is foreign currency translation adjustment. Following the disposal of Capital, Other comprehensive Income was reclassified in the equity section and included in gain on disposal in accordance with ASC 830-30-40-1.

CURRENT VULNERABILITY DUE TO CE

CURRENT VULNERABILITY DUE TO CERTAIN RISK FACTORS	12 Months Ended
	Dec. 31, 2018
Current Vulnerability Due To Certain Risk Factors [Abstract]
CURRENT VULNERABILITY DUE TO CERTAIN RISK FACTORS	Note 10 - CURRENT VULNERABILITY DUE TO CERTAIN RISK FACTORS The Company’s proposed operations are in the PRC and Singapore. Accordingly, the Company’s business, financial condition and results of operations may be influenced by the political, economic and legal environments in the PRC and Singapore and by the general state of the PRC’s and Singapore’s economy. The Company’s business may be influenced by changes in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance abroad, and rates and methods of taxation, among other things.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
SEGMENT INFORMATION	Note 11 - SEGMENT INFORMATION Following the Company’s decision to discontinue its existing business, the Company only has one operating segment the restaurant business, which has not generated revenue as of December 31, 2018.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements (“CFS”) were prepared in accordance with accounting principles generally accepted in the United States (GAAP) with the instructions to Form 10-K and Article 10 of Regulation S-X. All adjustments (consisting of normal recurring items) necessary to present fairly the Company’s consolidated financial position have been included. Reclassifications have been made to conform historical financial statements with the current period’s presentation. The parent company does not have operations. Its main activities were incurring expenses relating to its status as a public company in the United States.
Going Concern	Going Concern The accompanying CFS were prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. For 2018, the Company realized a net loss from continuing operations of $1,062,171. The Company does not generate substantial revenue from continuing operations and requires significant funding for its operations with no assurance as to its ability to obtain the funding on reasonable, if any, terms. The Company has an accumulated deficit of $29,872,106 as of December 31, 2018. There can be no assurance that the Company will become profitable or obtain necessary financing for its business or that it will be able to continue in business. As of December 31, 2018, related parties, including the Company’s chief executive officer, made advances to the Company of $3,231,871. These issues raise substantial doubt regarding the Company’s ability to continue as a going concern.
Principles of Consolidation	Principles of Consolidation The CFS include the accounts of the Company and its subsidiaries. The consolidated results of operations and consolidated financial condition of Capital is reflected as net gain from discontinued operations, and the assets and liabilities of the discontinued operations at December 31, 2017 are reflected as current and non-current assets and liabilities of the Company’s discontinued operations. All material intercompany accounts, transactions and profits were eliminated in consolidation.
Currency Translation	Currency Translation The reporting currency of the Company is the United States dollar. The accounts of Huantai were maintained, and its financial statements were expressed RMB and the accounts of DBUB Pte Singapore dollars (SGD), which are the respective functional currency of the subsidiaries. Our financial statements were translated into United States dollars in accordance with FASB ASC Topic 830-10, ”Foreign Currency Translation,” ”Reporting Comprehensive Income,” The impact of foreign translation from our accounts in RMB and SGD to U.S. dollars on the Company’s operating results was not material in the years ended December 31, 2018 and 2017. During the translation process, the assets and liabilities of all subsidiaries are translated into US dollars at period-end exchange rates. The revenues and expenses are translated into U.S. dollars at average exchange rates of the periods. Resulting translation adjustments are recorded as a component of accumulated other comprehensive income within stockholders’ equity. December 31, 2018 2017 RMB/$ exchange rate at period end 0.1512 0.1408 Average RMB/$ exchange rate for the periods 0.1454 0.1537 December 31, 2018 2017 SGD/$ exchange rate at period end 0.7340 — Average SGD/$ exchange rate for the periods 0.7411 — Transaction gains or losses arising from exchange rate fluctuation on transactions denominated in a currency other than the functional currency were included in the consolidated Statements of Operations and Comprehensive Loss. As a result of the translation, the Company recorded a foreign currency gain of $22,939 and a gain of $256,056 for the years ended December 31, 2018 and 2017.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with US GAAP requires 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 reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Risks and Uncertainties	Risks and Uncertainties The Company is subject to risks from, among other things, intense competition associated with the industry in general, other risks associated with financing, liquidity requirements, rapidly changing customer tastes and requirements, limited operating history, foreign currency exchange rates and the volatility of public markets as well as other risks associated with the restaurant and related industries.
Contingencies	Contingencies Certain conditions may exist as of the date the financial statements are issued, which could result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company’s management assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies related to legal proceedings that are pending against the Company or unasserted claims that may result in such proceedings, the Company’s management evaluates the perceived merits of any legal proceedings or unasserted claims as well as the perceived merits of the amount of relief sought or expected to be sought. If the assessment of a contingency indicates that it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability is accrued in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, together with an estimate of the range of possible loss if determinable and material would be disclosed. Loss contingencies considered to be remote by management are generally not disclosed unless they involve guarantees, in which case the guarantee would be disclosed.
Property and Equipment, net	Property and Equipment, net Property and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property and equipment is provided using the straight-line method for substantially all assets with estimated lives of: Automotive 5 years Office Equipment 5 years As of December 31, 2018, and 2017, property and equipment consisted of the following: 2018 2017 Automotive $ 116,284 $ 44,015 Office equipment 163,100 Plant and equipment 217,702 Construction in progress — Subtotal 424,817 Less: accumulated depreciation (8,278 ) (267,844 ) Total $ 108,006 $ 156,973
Long-Lived Assets	Long-Lived Assets The Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with FASB ASC 360, “ Property, Plant and Equipment,”
Fair Value of Financial Instruments	Fair Value of Financial Instruments FASB ASC Topic 825, “ Financial Instruments
General and Administrative Expenses	General and Administrative Expenses General and administrative expenses are comprised principally of payroll and benefits costs for corporate employees, occupancy costs of corporate facilities, lease expenses, management fees, traveling expenses and other operating and administrative expenses, including freight charges, purchase and delivery costs, internal transfer freight charges and other distribution costs.
Share Based Payment	Share Based Payment The Company follows FASB ASC 718-10, “Stock Compensation”
Other Income	Other Income Other income was $11,862 and $126,006 for the years ended December 31, 2018 and 2017 respectively. Other income in 2017 was primarily attributable to the accounts payable forgiven.
Other Expense	Other Expense Other expense was $427,793 and $443,674 for the years ended December 31, 2018 and 2017, respectively. Other expense consists of the following: 2018 2017 Interest expense $ 414,435 $ 237,206 Bank fees 1,252 9,493 Miscellaneous 12,106 196,975 Total other expense $ 427,793 $ 443,674 Interest expense for 2018 was interest owed to the chairman of the board and an officer.
Income Taxes	Income Taxes The Company utilizes FASB ASC Topic 740, “Income Taxes”
Basic and Diluted Earnings (Loss) per Share	Basic and Diluted Earnings (Loss) per Share Earnings (loss) per share are calculated in accordance with FASB ASC Topic 260, “Earnings per Share,”
Statement of Cash Flows	Statement of Cash Flows In accordance with FASB ASC Topic 230, “Statement of Cash Flows,” cash flows from the Company’s operations are calculated based upon the functional currency, in our case the RMB and SGD. As a result, amounts related to changes in assets and liabilities reported on the statement of cash flows will not necessarily agree with the changes in the corresponding balances on the balance sheet. Following the disposal of the discontinued operations, cash from operations, investing and financing activities for the year ended December 31, 2018 is net of the effect of such disposal.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk are cash, accounts receivable, advances to suppliers and other receivables arising from its normal business activities. The Company places its cash in what it believes to be credit-worthy financial institutions. Since the Company has not generated any revenues or commenced operations in its continuing business, the Company cannot evaluate the risk of a concentration of credit risk.
Segment Reporting	Segment Reporting FASB ASC Topic 280, “Segment Reporting,” requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance. Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company. Following the Company’s disposal of its existing business, the Company has one operating segment, the restaurant business, which has not generated any revenues through December 31, 2018.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2018, the FASB issued ASU 2018-07, “Compensation-Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting.” The Company has reviewed all other recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements may be expected to cause a material impact on the Company’s financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Translation adjustments	December 31, 2018 2017 RMB/$ exchange rate at period end 0.1512 0.1408 Average RMB/$ exchange rate for the periods 0.1454 0.1537 December 31, 2018 2017 SGD/$ exchange rate at period end 0.7340 — Average SGD/$ exchange rate for the periods 0.7411 —
Property, Plant and Equipment	2018 2017 Automotive $ 116,284 $ 44,015 Office equipment 163,100 Plant and equipment 217,702 Construction in progress — Subtotal 424,817 Less: accumulated depreciation (8,278 ) (267,844 ) Total $ 108,006 $ 156,973
Other expenses	2018 2017 Interest expense $ — $ 237,206 Bank fees 1,253 9,493 Miscellaneous 412,774 196,975 Total other expense $ 414,027 $ 443,674

COMMON STOCK (Tables)

COMMON STOCK (Tables)	12 Months Ended
	Dec. 31, 2018
Outstanding options and warrants by exercise price	Exercise Price Number of Shares Weighted Average Remaining Life (Years) Weighted Average Exercise Price Number of Shares Weighted Average Exercise Price Warrants: $ 0.75 66,975 0.15 $ 0.75 66,975 0.75 $ 0.75 190,532 0.45 $ 0.75 190,532 0.75
Warrant #1
Assumptions used to value stock options	Term 3 years Expected volatility 203 % Risk – free interest rate 1.2 % Dividend yield 0 % Weighted-average grant date fair value $ 1.215	[1]
Warrant #2
Assumptions used to value stock options	Term 3 years Expected volatility 178 % Risk – free interest rate 1.0 % Dividend yield 0 % Weighted-average grant date fair value $ 1.086	[2]
[1]	(1) On November 16, 2015, the Company issued stock warrants to purchase 66,975 shares of common stock at $0.75 per share. The warrants expired on November 15, 2018. The Company determined the fair value of these warrants was $81,375 based on the following assumptions:
[2]	(2) On March 18, 2016, the Company issued warrants to purchase 190,532 shares of common stock at $0.75 per shares as part of a private placement of 190,532 units with each unit consisting of one share of common stock and a three-year warrant to purchase one share of common stock. The Company determined that the fair value of these warrants was $206,917 based on the following assumptions:

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Components of deferred tax assets and liabilities	2018 2017 Deferred tax assets: U.S. net operating losses $ 63,167 $ 32,299 PRC operation 69,593 — Singapore operation 89,133 — Discontinued operation 37,753 309,322 Total deferred tax assets 259,646 341,621 Less valuation allowance (259,646 ) (341,621 ) $ — $ —
Reconciliation of differences between statutory US Federal income tax rate and effective rate	2018 2017 Tax benefit at US Statutory Rate (21.0 )% (21.0 )% Tax rate difference 0.8 % (3.6 )% Valuation allowance 20.2 % 24.6 % Effective rate — % — %

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2018
Discontinued Operations
Assets and liabilities of discontinued operations	December 31, 2017 Cash $ 15,167 Accounts receivable 94,465 Inventories 388,609 Advance to suppliers 149,530 Prepaid expenses and other receivables 101,778 Intangible asset 23,694 Other non-current asset 319,694 Property, plant and equipment 156,973 Total assets 1,249,910 Short-term loans (2,795,441 ) Accounts payable (323,975 ) Advance from customers (106,292 ) Accrued expenses and other payable (710,997 ) Income tax payable (832,306 ) Advance from related party (823,739 ) Total liabilities (5,592,750 ) Net liabilities $ (4,342,840 )
Discontinued operations included in the Consolidated Statements of Operations and Comprehensive Loss	2018 2017 Sales, net $ 272,204 $ 2,386,858 Cost of sales (246,888 ) (2,273,246 ) Gross profit 25,316 113,612 General and administrative expenses (188,110 ) (686,305 ) Loss from discontinued operations (162,794 ) (572,693 ) Other expenses (59,283 ) (244,826 ) Gain on disposal of discontinued operations 4,077,266 — Income (loss) before income taxes 3,855,189 (817,519 ) Provision for income taxes — (2,123 ) Net income (loss) from discontinued operations, net of income tax $ 3,855,189 $ (819,642 )

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - TRANSLATION ADJUSTMENTS (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
RMB
RMB/$ exchange rate at period end	0.1512	0.1408
Average RMB/$ exchange rate for the periods	.1454	.1537
SGD
RMB/$ exchange rate at period end	0.7340
Average RMB/$ exchange rate for the periods	.7411

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - PROPERTY AND EQUIPMENT, NET (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Subtotal		$ 424,817
Less: accumulated depreciation	(8,278)	(267,844)
Total	108,006
Automotive [Member]
Subtotal	116,284	44,015
Office Equipment [Member]
Subtotal		163,100
Plant and Equipment
Subtotal		217,702
Construction in progress
Subtotal

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - OTHER EXPENSES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Interest expense	$ 414,435	$ 237,206
Bank fees	1,252	9,493
Miscellaneous	412,106	196,975
Total other expense	$ 427,793	$ 443,674

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Loss from continuing operations	$ (1,062,171)	$ (153,807)
Accumulated Deficit	29,872,106	51,980,658
Short-term loans from related parties	3,231,871
Foreign currency translation income (loss) attributable to Yosen Group	22,939	256,056
Other income	(11,862)	(126,005)
Other expense	$ 427,793	$ 443,674
Anti-dilutive shares	257,507	257,507

PREPAID EXPENSES AND OTHER CU_2

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Details Narrative) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepaid expenses	$ 235,265	$ 317,334

COMMON STOCK - OUTSTANDING OPTI

COMMON STOCK - OUTSTANDING OPTIONS AND WARRANTS BY EXERCISE PRICE (Details)	12 Months Ended
	Dec. 31, 2018$ / sharesshares
Warrant #1
Options Outstanding - Exercise Price	$ 0.75
Options Outstanding - Number of Shares | shares	66,975
Options Outstanding - Weighted Average Remaining Life (in years)	1 month
Options Outstanding - Weighted Average Exercise Price	$ 0.75
Options Exercisable - Number of Shares | shares	66,975
Options Exercisable - Weighted Average Exercise Price	$ 0.75
Warrant #2
Options Outstanding - Exercise Price	$ 0.75
Options Outstanding - Number of Shares | shares	190,532
Options Outstanding - Weighted Average Remaining Life (in years)	5 months
Options Outstanding - Weighted Average Exercise Price	$ 0.75
Options Exercisable - Number of Shares | shares	190,532
Options Exercisable - Weighted Average Exercise Price	$ 0.75

COMMON STOCK - ASSUMPTIONS USED

COMMON STOCK - ASSUMPTIONS USED TO VALUE STOCK OPTIONS (Details Narrative) - $ / shares	Mar. 18, 2016	Nov. 16, 2015
Stockholders' Equity Note [Abstract]
Term	3 years	3 years
Expected volatility	178.00%	203.00%
Risk - free interest rate	1.00%	1.20%
Dividend yield	0.00%	0.00%
Weighted-average grant date FV	$ 1.086	$ 1.215

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)$ / sharesshares
Warrant #1
Outstanding options issued and immediately vested	66,975
Warrants issued, exercise price | $ / shares	$ 0.75
Value of warrants | $	$ 81,375
Warrants Outstanding	66,975
Warrant expiration date	Nov. 15, 2018
Warrant #2
Outstanding options issued and immediately vested	190,532
Warrants issued, exercise price | $ / shares	$ 0.75
Value of warrants | $	$ 206,917
Warrants Outstanding	190,532
Warrant expiration date	Nov. 15, 2018

INCOME TAXES - COMPONENTS OF DE

INCOME TAXES - COMPONENTS OF DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Deferred tax assets:
U.S. net operating losses	$ 63,167	$ 32,299
PRC operation	69,593
Singapore operation	89,133
Discontinued operations	37,753	309,322
Total deferred tax assets	259,646	341,621
Less valuation allowance	(259,646)	(341,621)
Deferred tax asstes net of valuation allowance

INCOME TAXES - RECONCILIATION O

INCOME TAXES - RECONCILIATION OF DIFFERENCES BETWEEN STATUTORY US FEDERAL INCOME TAX RATE AND EFFECTIVE RATE (Details)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Tax benefit at US Statutory Rate	21.00%	21.00%
Tax rate difference	0.80%	(3.60%)
Valuation allowance	20.20%	24.60%
Effective rate

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Tax benefit at US Statutory Rate	21.00%	21.00%
US Entities
Income Taxes [Line Items]
Tax benefit at US Statutory Rate	21.00%	34.00%
Incurred net operating losses	$ 300,796	$ 153,807
Deferred tax assets and valuation allowance	$ 63,167	$ 32,299
PRC Subsidiaries
Income Taxes [Line Items]
Tax benefit at US Statutory Rate	25.00%
Singapore Subsidiaries
Income Taxes [Line Items]
Tax benefit at US Statutory Rate	17.00%

DISCONTINUED OPERATIONS - ASSET

DISCONTINUED OPERATIONS - ASSETS AND LIABILTIES OF DISCONTINUED OPERATIONS (Details)	Dec. 31, 2017USD ($)
Discontinued Operations
Cash	$ 15,167
Accounts receivable	94,465
Inventories	388,609
Advance to suppliers	149,530
Prepaid expenses and other receivables	101,778
Intangible asset	23,694
Other non-current asset	319,694
Property, plant and equipment	156,973
Total assets	1,249,910
Short-term loans	(2,795,441)
Accounts payable	(323,975)
Advance from customers	(106,292)
Accrued expenses and other payable	(710,997)
Income tax payable	(832,306)
Advance from related party	(823,739)
Total liabilities	(5,592,750)
Net liabilities	$ (4,342,840)

DISCONTINUED OPERATIONS - Conso

DISCONTINUED OPERATIONS - Consolidated Statements of Operations and Comprehensive Loss (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Discontinued Operations - Consolidated Statements Of Operations And Comprehensive Loss
Sales, net	$ 272,204	$ 2,386,858
Cost of sales	(246,888)	(2,273,246)
Gross profit	25,316	113,612
General and administrative expenses	(188,110)	(686,305)
Loss from discontinued operations	(162,794)	(572,693)
Other expenses	(59,283)	(244,826)
Gain on disposal of discontinued operations	4,077,267
Income (loss) before income taxes	3,855,190	(817,519)
Provision for income taxes		(2,123)
Net loss from discontinued operations, net of income tax	$ 3,855,189	$ (1,237,285)

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details Narrative)	12 Months Ended
	Dec. 31, 2018USD ($)
Discontinued Operations - Consolidated Statements Of Operations And Comprehensive Loss
Gain from the disposition of equity	$ 4,077,267
Gain from sale of equity	2,456,389
Gain from disposal of loans	$ 1,620,878