New Momentum (NNAX) 10-Q 19 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Oct. 30, 2024
Cover [Abstract]
Entity Registrant Name	NEW MOMENTUM CORPORATION
Entity Central Index Key	0001132509
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Entity Common Stock Shares Outstanding		825,861,858
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-52273
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	88-0435998
Entity Address Address Line 1	150 Cecil Street
Entity Address Address Line 2	#08-01
Entity Address Postal Zip Code	069543
City Area Code	65
Local Phone Number	3105 1428
Security 12g Title	Common Stock, $.001 Par Value
Entity Interactive Data Current	Yes
Entity Address Country	SG

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 9,853	$ 16,776
Accounts receivable	918	906
Deposits, prepayments and other receivables	24,162	19,916
Total current assets	34,933	37,598
Non-current asset:
Right-of-use assets	6,727	26,767
TOTAL ASSETS	41,660	64,365
Current liabilities:
Accounts payable	12,443	9,208
Accrued liabilities and other payables	139,272	164,639
Amount due to a director	500,856	422,968
Amount due to a shareholder	28,530	24,349
Lease liabilities	7,024	27,435
Convertible promissory note	0	73,275
Total current liabilities	688,125	721,874
TOTAL LIABILITIES	688,125	721,874
Commitments and contingencies	0	0
SHAREHOLDERS' DEFICIT
Preferred stock, Class A, $0.001 par value; 175,000,000 shares authorized; 1 share issued and outstanding as at September 30, 2024 and December 31, 2023 respectively	0	0
Common Stock, $0.001 par value; 1,000,000,000 shares authorized; 825,861,858 shares and 520,428,292 shares issued and outstanding as at September 30, 2024 and December 31, 2023, respectively	825,862	520,428
Additional paid in capital	4,034,709	4,257,803
Accumulated other comprehensive income (loss)	(3,616)	(346)
Accumulated deficit	(5,503,420)	(5,435,394)
Shareholders' deficit	(646,465)	(657,509)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	$ 41,660	$ 64,365

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
Common Stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, Shares issued	825,861,858	520,428,292
Common stock, Shares outstanding	825,861,858	520,428,292
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	175,000,000	175,000,000
Preferred stock, Shares issued	1	1
Preferred stock, Shares outstanding	1	1

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
Revenue, net	$ 0	$ 25,306	$ 6	$ 206,073
Cost of revenue	0	(21,488)	0	(201,926)
Gross profit	0	3,818	6	4,147
Operating expenses:
General and administrative expenses	(23,251)	(28,114)	(76,504)	(86,759)
Legal and professional fee	(9,084)	(10,282)	(17,010)	(108,729)
Total operating expenses	(32,335)	(38,396)	(93,514)	(195,488)
Other income (expense):
Interest expense	0	(32,082)	(1,084)	(47,609)
Sundry income	0	0	422	0
Interest income	8	20	33	203
Government subsidies	1,867	0	17,499	0
Waiver of interest on convertible note	0	0	8,612	0
Total other income (expense)	1,875	(32,062)	25,482	(47,406)
LOSS BEFORE INCOME TAXES	(30,460)	(66,640)	(68,026)	(238,747)
Income tax expense	0	0	0	0
NET LOSS	(30,460)	(66,640)	(68,026)	(238,747)
Other comprehensive income:
Foreign currency translation (loss) gain	(2,804)	8	(3,270)	408
COMPREHENSIVE LOSS	$ (33,264)	$ (66,632)	$ (71,296)	$ (238,339)
Weighted average shares outstanding - Basic and diluted	825,861,858	193,630,331	793,944,651	193,630,331
Net loss per share - Basic and diluted	$ 0	$ 0	$ 0	$ 0

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net loss	$ (68,026)	$ (238,747)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of convertible note discount	0	9,848
Waiver of interest on convertible note	(8,612)	0
Depreciation of right-of-use assets	20,074	20,020
Non-cash lease expense	690	1,681
Non-cash financing cost	1,084	37,761
Change in operating assets and liabilities:
Accounts receivable	(12)	23,307
Deposits, prepayments and other receivables	(4,246)	12,105
Accounts payable	3,235	(5,258)
Accrued liabilities and other payables	(8,774)	20,175
Net cash used in operating activities	(64,587)	(119,108)
Cash flows from financing activities:
Advance from a director	77,888	80,306
Advance from a shareholder	4,181	22,943
Payment of lease liabilities	(21,136)	(21,079)
Net cash provided by financing activities	60,933	82,170
Effect on exchange rate change on cash and cash equivalents	(3,269)	408
Net change in cash and cash equivalents	(6,923)	(36,530)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	16,776	59,247
CASH AND CASH EQUIVALENTS, END OF PERIOD	9,853	22,717
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION
Cash paid for tax	0	0
Cash paid for interest	$ 0	$ 0

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS DEFICIT - USD ($)	Total	Series A, Preferred Stocks	Common Stock	Additional Paid-In Capital	Accumulated other comprehensive loss	Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2022		1	177,687,535
Balance, amount at Dec. 31, 2022	$ (484,448)	$ 0	$ 177,688	$ 4,369,093	$ 232	$ (5,031,461)
Shares issued on convertible notes, shares			13,095,239
Shares issued on convertible notes, amount	40,000	0	$ 13,095	26,905	0	0
Foreign currency translation adjustment	875	0	0	0	875	0
Net loss for the period	(88,753)	$ 0	$ 0	0	0	(88,753)
Balance, shares at Mar. 31, 2023		1	190,782,774
Balance, amount at Mar. 31, 2023	(532,326)	$ 0	$ 190,783	4,395,998	1,107	(5,120,214)
Balance, shares at Dec. 31, 2022		1	177,687,535
Balance, amount at Dec. 31, 2022	(484,448)	$ 0	$ 177,688	4,369,093	232	(5,031,461)
Net loss for the period	(238,747)
Balance, shares at Sep. 30, 2023		1	213,972,819
Balance, amount at Sep. 30, 2023	(653,537)	$ 0	$ 213,973	4,402,058	640	(5,270,208)
Balance, shares at Mar. 31, 2023		1	190,782,774
Balance, amount at Mar. 31, 2023	(532,326)	$ 0	$ 190,783	4,395,998	1,107	(5,120,214)
Shares issued on convertible notes, shares			5,882,353
Shares issued on convertible notes, amount	10,000	0	$ 5,882	4,118	0	0
Foreign currency translation adjustment	(475)	0	0	0	(475)	0
Net loss for the period	(83,354)	$ 0	$ 0	0	0	(83,354)
Balance, shares at Jun. 30, 2023		1	196,665,127
Balance, amount at Jun. 30, 2023	(606,155)	$ 0	$ 196,665	4,400,116	632	(5,203,568)
Shares issued on convertible notes, shares			17,307,692
Shares issued on convertible notes, amount	19,250	0	$ 17,308	1,942	0	0
Foreign currency translation adjustment	8	0	0	0	8	0
Net loss for the period	(66,640)	$ 0	$ 0	0	0	(66,640)
Balance, shares at Sep. 30, 2023		1	213,972,819
Balance, amount at Sep. 30, 2023	(653,537)	$ 0	$ 213,973	4,402,058	640	(5,270,208)
Balance, shares at Dec. 31, 2023		1	520,428,292
Balance, amount at Dec. 31, 2023	(657,509)	$ 0	$ 520,428	4,257,803	(346)	(5,435,394)
Shares issued on convertible notes, shares			305,433,566
Shares issued on convertible notes, amount	82,340	0	$ 305,434	(223,094)	0	0
Foreign currency translation adjustment	772	0	0	0	772	0
Net loss for the period	(17,623)	$ 0	$ 0	0	0	(17,623)
Balance, shares at Mar. 31, 2024		1	825,861,858
Balance, amount at Mar. 31, 2024	(592,020)	$ 0	$ 825,862	4,034,709	426	(5,453,017)
Balance, shares at Dec. 31, 2023		1	520,428,292
Balance, amount at Dec. 31, 2023	(657,509)	$ 0	$ 520,428	4,257,803	(346)	(5,435,394)
Net loss for the period	(68,026)
Balance, shares at Sep. 30, 2024		1	825,861,858
Balance, amount at Sep. 30, 2024	(646,465)	$ 0	$ 825,862	4,034,709	(3,616)	(5,503,420)
Balance, shares at Mar. 31, 2024		1	825,861,858
Balance, amount at Mar. 31, 2024	(592,020)	$ 0	$ 825,862	4,034,709	426	(5,453,017)
Foreign currency translation adjustment	(1,238)	0	0	0	(1,238)	0
Net loss for the period	(19,943)	$ 0	$ 0	0	0	(19,943)
Balance, shares at Jun. 30, 2024		1	825,861,858
Balance, amount at Jun. 30, 2024	(613,201)	$ 0	$ 825,862	4,034,709	(812)	(5,472,960)
Foreign currency translation adjustment	(2,804)	0	0	0	(2,804)	0
Net loss for the period	(30,460)	$ 0	$ 0	0	0	(30,460)
Balance, shares at Sep. 30, 2024		1	825,861,858
Balance, amount at Sep. 30, 2024	$ (646,465)	$ 0	$ 825,862	$ 4,034,709	$ (3,616)	$ (5,503,420)

DESCRIPTION OF BUSINESS AND ORG

DESCRIPTION OF BUSINESS AND ORGANIZATION	9 Months Ended
	Sep. 30, 2024
DESCRIPTION OF BUSINESS AND ORGANIZATION
DESCRIPTION OF BUSINESS AND ORGANIZATION	1. DESCRIPTION OF BUSINESS AND ORGANIZATION New Momentum Corporation (the “Company”) was incorporated under the law of the State of Nevada on July 1, 1999. The Company, through its subsidiaries, mainly operates a smartphone application to provide the online platform with “Book Now, Pay Later” flight booking service for travelers among over 500 airlines worldwide to search and secure their tickets. With a simple, user-friendly interface, the Company enables customers to arrange and book the multiple-stop itineraries, and to check their bookings through official airline websites using the Gagfare booking reference number on http://presscentre.asia/gagfare.html. Description of subsidiaries Name Place of incorporation and kind of legal entity Principal activities Particulars of registered/ paid up share capital Effective interest held NEMO Holding Company Limited British Virgin Islands Investment holding 10,000 ordinary shares at par value of US$1 100 % Gagfare Limited Hong Kong Travel agency 500,000 ordinary shares for HK$500,000 100 % Beyond Blue Limited Hong Kong Event organizer 1 ordinary share for HK$1 100 % New Momentum Asia Pte. Ltd. Singapore Investment holding 1 ordinary share of SGD 1 100 % The Company and its subsidiaries are hereinafter referred to as (the “Company”).

GOING CONCERN UNCERTAINTIES

GOING CONCERN UNCERTAINTIES	9 Months Ended
	Sep. 30, 2024
GOING CONCERN UNCERTAINTIES
GOING CONCERN UNCERTAINTIES	2. GOING CONCERN UNCERTAINTIES The accompanying unaudited condensed consolidated financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has suffered from continuous loss from its inception and has net current liabilities of $653,192 as of September 30, 2024. The continuation of the Company as a going concern through the next twelve months is dependent on director’s support and raising capital to fund our business plan and ultimately to attain profitable operations. The Company is currently pursuing additional financing for its operations and future expansion. However, there is no assurance that the Company will be successful in securing sufficient funds to sustain the operations. These raise substantial doubt about the Company’s ability to continue as a going concern. These unaudited condensed consolidated financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets and liabilities that may result in the Company not being able to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying unaudited condensed consolidated financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying unaudited condensed consolidated financial statements and notes. · Basis presentation These accompanying unaudited condensed consolidated financial statements have been prepared in U.S. Dollars in conformity with generally accepted accounting principles in the United States of America (“U.S. GAAP”) for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary to make the financial statements not misleading have been included. Operating results for the period ended September 30, 2024 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2024. The information included in this Form 10-Q should be read in conjunction with Management’s Discussion and Analysis, and the financial statements and notes thereto included in the Company’s Form 10-K, as filed with the SEC on April 17, 2024. · Use of estimates and assumptions In preparing these unaudited condensed consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates. · Basis of consolidation The unaudited condensed consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation. · Cash and cash equivalents Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments. · Accounts receivable Accounts receivable are recorded at the invoiced amount and do not bear interest, which are due within contractual payment terms, generally 30 to 90 days from completion of service. Credit is extended based on evaluation of a customer’s financial condition, the customer credit-worthiness and their payment history. Accounts receivable outstanding longer than the contractual payment terms are considered past due. Past due balances over 90 days and over a specified amount are reviewed individually for collectability. At the end of fiscal year, the Company specifically evaluates individual customer’s financial condition, credit history, and the current economic conditions to monitor the progress of the collection of accounts receivables. The Company will consider the allowance for doubtful accounts for any estimated losses resulting from the inability of its customers to make required payments. For the receivables that are past due or not being paid according to payment terms, the appropriate actions are taken to exhaust all means of collection, including seeking legal resolution in a court of law. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance-sheet credit exposure related to its customers. As of September 30, 2024 and December 31, 2023, there was no allowance for doubtful accounts. · Allowance for Expected Credit Losses ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments requires entities to use a current lifetime expected credit loss methodology to measure impairments of certain financial assets. The Company’s allowance for expected credit loss estimates the amount of expected future credit losses by analyzing accounts receivables balance by age and applying historical write-off and collection experience. The Company’s estimate separately considers macroeconomics trends, specific circumstances and credit conditions of customer receivables. Account balances are written off against the allowance when it is determined the receivable will not be recovered. As of September 30, 2024 and December 31, 2023, there was no allowance for expected credit losses. · Revenue recognition The Company adopted Accounting Standards Codification (“ASC ”) 606 – Revenue from Contracts with Customers Under ASC 606, a performance obligation is a promise within a contract to transfer a distinct good or service, or a series of distinct goods and services, to a customer. Revenue is recognized when performance obligations are satisfied and the customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for goods or services. Under the standard, a contract’s transaction price is allocated to each distinct performance obligation. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the Company performs the following five steps: · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. The transaction price is included in the website and the customers bookings are deemed to be acceptance of the contract. The transaction price is fixed, and there is no variable consideration. The management has assessed its performance obligations as a single performance obligation and revenue is recorded upon transfer of control of the services to the customer. The Company records its revenue from booking income upon the ticket booking service is rendered to travelers. The Company also records its revenue from the sale of air tickets upon confirmation and issuance of tickets to the travelers. The Company follows the guidance provided in ASC 606, Revenue from Contracts with Customers, for determining whether the Company is the principal or an agent in arrangements with customers that involve another party that contributes to the provision of goods to a customer. In these instances, the Company determines whether it has promised to provide the goods itself (as principal) or to arrange for the specified goods and services to be provided by another party (as an agent). This determination is a matter of judgment that depends on the facts and circumstances of each arrangement. The Company recognizes revenue from the sale of its air tickets on a gross basis as the Company is responsible for the fulfillment, controls the delivery of the promised goods, and has full discretion in establishing prices and therefore is the principal in the arrangement. · Income taxes The Company adopted the ASC 740 Income tax The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary. · Uncertain tax positions The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25 for the three and nine months ended September 30, 2024 and 2023. · Foreign currencies translation Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the consolidated statement of operations. The reporting currency of the Company is United States Dollar (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company is operating in Hong Kong and Singapore and maintain its books and record in its local currency, Hong Kong Dollars (“HKD”) and Singapore Dollars (“SGD”), which are a functional currency as being the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement Translation of amounts from HKD and SGD into US$ have been made at the following exchange rates for the nine months ended September 30, 2024 and 2023: September 30, 2024 September 30, 2023 Period-end HKD:US$ exchange rate 0.12867 0.12766 Average HKD:US$ exchange rate 0.12799 0.12765 Period-end SGD:US$ exchange rate 0.78100 0.73239 Average SGD:US$ exchange rate 0.74727 0.74593 · Comprehensive income ASC Topic 220, “ Comprehensive Income · Leases The Company adopted Topic 842, Leases In accordance with the guidance in ASC 842, components of a lease should be split into three categories: lease components (e.g. land, building, etc.), non-lease components (e.g. common area maintenance, consumables, etc.), and non-components (e.g. property taxes, insurance, etc.). Subsequently, the fixed and in-substance fixed contract consideration (including any related to non-components) must be allocated based on the respective relative fair values to the lease components and non-lease components. Lease expense is recognized on a straight-line basis over the lease terms. Lease expense includes amortization of the ROU assets and accretion of the lease liabilities. Amortization of ROU assets is calculated as the periodic lease cost less accretion of the lease liability. The amortized period for ROU assets is limited to the expected lease term. The Company has elected a practical expedient to combine the lease and non-lease components into a single lease component. The Company also elected the short-term lease measurement and recognition exemption and does not establish ROU assets or lease liabilities for operating leases with terms of 12 months or less. · Retirement plan costs Contributions to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements of operation as the related employee service is provided. · Government incentives A government incentive is not recognized until there is reasonable assurance that: (a) the enterprise will comply with the conditions attached to the incentive; and (b) the incentive will be received. When the Company receives government incentives but the conditions attached to the incentives have not been fulfilled, such government incentives are deferred and recorded under other payables and accrued expenses, and other long-term liability. The classification of short-term or long-term liabilities is dependent on management’s expectation of when the conditions attached to the incentives can be fulfilled. For the three months ended September 30, 2024 and 2023, the Company received government incentives (net of related expense) of $1,867 and $0 respectively. For the nine months ended September 30, 2024 and 2023, the Company received government incentives (net of related expense) of $17,499 and $0 respectively, which are recognized as other income in the consolidated statements of operations. · Related parties The Company follows the ASC 850-10, Related Party Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The unaudited condensed consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of unaudited condensed consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement. · Commitments and contingencies The Company follows the ASC 450-20, Commitments 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 would be accrued in the Company’s unaudited condensed consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows. · Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, accounts receivable, deposits, prepayments and other receivables, amount due from a director and operating lease right-of-use assets, approximate their fair values because of the short maturity of these instruments. · Recent accounting pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on its financial position or results of operations upon adoption. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and believe the future adoption of any such pronouncements may not be expected to cause a material impact on its financial condition or the results of its operations.

RIGHT OF USE ASSETS

RIGHT OF USE ASSETS	9 Months Ended
	Sep. 30, 2024
RIGHT OF USE ASSETS
RIGHT-OF-USE ASSETS	4. RIGHT-OF-USE ASSETS September 30, December 31, 2024 2023 Cost of right-of-use assets $ 53,534 $ 53,534 Accumulated depreciation (46,807 ) (26,767 ) Carrying amount $ 6,727 $ 26,767 The Company entered into an operating lease for office premises. The lease term is fixed for a term of 2 years commencing from January 1, 2023. The depreciation of the right-of-use asset for the three months ended September 30, 2024 and 2023 amounted to $6,702 and $6,682 respectively, whereas the lease expense amounted to $145 and $561 respectively. The depreciation of the right-of-use asset for the nine months ended September 30, 2024 and 2023 amounted to $20,074 and $20,020 respectively, whereas the lease expense amounted to $690 and $1,681 respectively. The corresponding lease liability as of September 30, 2024 and December 31, 2023 amounted to $7,024 and $27,435 respectively. The lease liability will expire within the next twelve months.

AMOUNTS DUE TO A DIRECTOR AND S

AMOUNTS DUE TO A DIRECTOR AND SHAREHOLDER	9 Months Ended
	Sep. 30, 2024
AMOUNTS DUE TO A DIRECTOR AND SHAREHOLDER
AMOUNTS DUE TO A DIRECTOR AND SHAREHOLDER	5. AMOUNTS DUE TO A DIRECTOR AND SHAREHOLDER As of September 30, 2024 and December 31, 2023, the Company owed to its director an amount of $500,856 and $422,968, respectively. As of September 30, 2024 and December 31, 2023, the Company owed to a shareholder an amount of $28,530 and $24,349, respectively. The amounts are unsecured, non-interest bearing and repayable on demand.

CONVERTIBLE PROMISSORY NOTES

CONVERTIBLE PROMISSORY NOTES	9 Months Ended
	Sep. 30, 2024
CONVERTIBLE PROMISSORY NOTES
CONVERTIBLE PROMISSORY NOTES	6. CONVERTIBLE PROMISSORY NOTE The Company issued Convertible Promissory Notes to 1800 Diagonal Lending LLC, (“1800”) via numerous Securities Purchase Agreements as stated in the foregoing paragraphs, The terms of the 1800 Notes, which bear interest at 8% per annum provides for the conversion only after 180 days from the issue date, and number of the shares held by the holder and its affiliates when converted, shall not to exceed 4.99% of issued and outstanding common stock of the Company. The 1800 Notes are convertible into shares of common stock of the Company at a price equal to 35% of the lowest trading price of the Company’s common stock for the twenty (20) consecutive trading days immediately preceding to the conversion date. On May 18, 2022, the Company issued a promissory note in the original principal amount of $68,750 which was due on May 18, 2023. The 1800 Note contained an original issue discount of $3,750 which was reflected as a debt discount and amortized over the twelve months Note term. The Notes were fully settled as follows: · on December 1, 2022, principal of $12,000 was converted to 1,518,987 shares of common stock with conversion price of $0.0079 per share; · on January 6, 2023, principal of $20,000 was converted to 3,571,429 shares of common stock with conversion price of $0.0056 per share; · on March 15, 2023, principal of $10,000 was converted to 4,761,905 shares of common stock with conversion price of $0.0021 per share; · on March 21, 2023, principal of $10,000 was converted to 4,761,905 shares of common stock with conversion price of $0.0021 per share; · on June 9, 2023, principal of $10,000 was converted to 5,882,353 shares of common stock with conversion price of $0.0017 per share; and · on August 2, 2023, principal of $6,750 and interest payable of $2,750 were converted to 7,307,692 shares of common stock with conversion price of $0.0013 per share. On August 4, 2022, the Company issued another promissory note in the original principal amount of $54,250 which was due on August 4, 2023. The 1800 Note contained an original issue discount of $4,250 which was reflected as a debt discount and amortized over the twelve months Note term. The Notes were fully settled as follows: · on August 21, 2023, principal of $9,750 was converted to 10,000,000 shares of common stock with conversion price of $0.000975 per share and a further default sum of $27,125 was incurred resulting principal of $71,625 still remained to be converted.; · on October 2, 2023, principal of $9,325 was converted to 10,596,591 shares of common stock with conversion price of $0.00088 per share; · on October 24, 2023, principal of $6,500 was converted to 11,016,949 shares of common stock with conversion price of $0.00059 per share; · on November 2, 2023, principal of $6,500 was converted to 11,016,949 shares of common stock with conversion price of $0.00059 per share; · on November 7, 2023, principal of $6,500 was converted to 11,016,949 shares of common stock with conversion price of $0.00059 per share; · on November 10, 2023, principal of $6,500 was converted to 11,016,949 shares of common stock with conversion price of $0.00059 per share; · on November 13, 2023, principal of $7,847 was converted to 13,300,000 shares of common stock with conversion price of $0.00059 per share; · on November 14, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; On November 20, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on November 22, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on November 24, 2023, principal of $4,903 and interest of $2,170 was converted to 11,988,136 shares of common stock with conversion price of $0.00059 per share; On September 2, 2022, the Company issued a further promissory note in the original principal amount of $54,250 which was due on September 2, 2023. The 1800 Note contained an original issue discount of $4,250 which was reflected as a debt discount and amortized over the twelve months Note term. The Notes were fully settled as follows: · on August 9, 2023, a further default sum of $27,125 was incurred resulting principal of $81,375 still remained to be converted.; · on November 27, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on November 28, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on November 29, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on November 30, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on December 4, 2023, principal of $7,850 was converted to 13,305,085 shares of common stock with conversion price of $0.00059 per share; · on December 6, 2023, principal of $9,555 was converted to 19,500,000 shares of common stock with conversion price of $0.00049 per share; · on December 12, 2023, principal of $8,970 was converted to 19,500,000 shares of common stock with conversion price of $0.00046 per share; · on December 13, 2023, principal of $8,300 was converted to 19,761,904 shares of common stock with conversion price of $0.00042 per share; · on December 15, 2023, principal of $8,300 was converted to 19,761,904 shares of common stock with conversion price of $0.00042 per share; · on December 19, 2023, principal of $7,000 and interest of $1,100 was converted to 20,769,231 shares of common stock with conversion price of $0.00039 per share; On September 20, 2022, the Company issued another promissory note in the original principal amount of $54,250 which was due on September 20, 2023. The 1800 Note contained an original issue discount of $4,250 which was reflected as a debt discount and amortized over the twelve months Note term. As of December 31, 2023, $73,275, inclusive of default sum, still remained to be converted but nevertheless was fully settled as of September 30, 2024 as follows: · on December 26 2023, principal of $8,100 was converted to 20,769,231 shares of common stock with conversion price of $0.00039 per share; · on January 8, 2024, principal of $6,900 was converted to 20,909,091 shares of common stock with conversion price of $0.00033 per share; · on January 10, 2024, principal of $6,900 was converted to 20,909,091 shares of common stock with conversion price of $0.00033 per share; · on January 18, 2024, principal of $7,000 was converted to 26,923,077 shares of common stock with conversion price of $0.00026 per share; · on January 22, 2024, principal of $7,000 was converted to 26,923,077 shares of common stock with conversion price of $0.00026 per share; · on January 29, 2024, principal of $7,020 was converted to 27,000,000 shares of common stock with conversion price of $0.00026 per share; · on February 1, 2024, principal of $7,020 was converted to 27,000,000 shares of common stock with conversion price of $0.00026 per share; · on February 5, 2024, principal of $7,020 was converted to 27,000,000 shares of common stock with conversion price of $0.00026 per share; · on February 6, 2024, principal of $7,020 was converted to 27,000,000 shares of common stock with conversion price of $0.00026 per share; · on February 7, 2024, principal of $7,020 was converted to 27,000,000 shares of common stock with conversion price of $0.00026 per share; · on February 8, 2024, principal of $9,700 was converted to 37,307,692 shares of common stock with conversion price of $0.00026 per share; · on February 9, 2024, principal of $675 and interest of $9,065 was converted to 37,461,538 shares of common stock with conversion price of $0.00026 per share; As of September 30, 2024, all the 1800 Notes issued above have been fully converted. For the three months ended September 30, 2024 and 2023, the amortization of discount was $0 and $1,711, respectively. For the nine months ended September 30, 2024 and 2023, the amortization of discount was $0 and $9,848, respectively. For the three months ended September 30, 2024 and 2023, interest on convertible note was $0 and $30,371, respectively. For the nine months ended September 30, 2024 and 2023, interest on convertible note was $1,084 and $37,761, respectively. For the nine months ended September 30, 2024 and 2023, waiver of interest on convertible note was $8,612 and $0, respectively. As of September 30, 2024 and December 31, 2023, accrued interest amounted to $0 and $16,593, respectively.

SHAREHOLDERS DEFICIT

SHAREHOLDERS DEFICIT	9 Months Ended
	Sep. 30, 2024
SHAREHOLDERS DEFICIT
SHAREHOLDERS' DEFICIT	7. SHAREHOLDERS’ DEFICIT Preferred Stock Authorized shares The Company was authorized to issue 175,000,000 shares of Class A preferred stock at par value of $0.001. Any class of preferred stock may have preferential voting rights, liquidation rights or other rights with respect to the class of common stock. These preferential rights may have anti-takeover effects and may also result in the dilution of the common shareholders; equity interest and earnings per share. Issued and outstanding shares As of September 30, 2024 and December 31, 2023, 1 share of Class A preferred stock was issued and outstanding. Common Stock Authorized shares The Company was authorized to issue 1,000,000,000 shares of common stock at par value of $0.001. Issued and outstanding shares On December 1, 2022, the Company issued 1,518,987 shares of its common stock to pay off the 1800 Notes with principal of $12,000 at the conversion price of $0.0079 per share. On January 6, 2023, the Company issued 3,571,429 shares of its common stock to pay off the 1800 Notes with principal of $20,000 at the conversion price of $0.0056 per share. On March 15, 2023, the Company issued 4,761,905 shares of its common stock to pay off the 1800 Notes with principal of $10,000 at the conversion price of $0.0021 per share. On March 21, 2023, the Company issued 4,761,905 shares of its common stock to pay off the 1800 Notes with principal of $10,000 at the conversion price of $0.0021 per share. On June 9, 2023, the Company issued 5,882,353 shares of its common stock to pay off the 1800 Notes with principal of $10,000 at the conversion price of $0.0017 per share. On August 2, 2023, the Company issued 7,307,692 shares of its common stock to pay off the 1800 Notes with principal of $6,750 and interest payable of $2,750 at the conversion price of $0.0013 per share. On August 21, 2023, the Company issued 10,000,000 shares of its common stock to pay off the 1800 Notes with principal of $9,750 at the conversion price of $0.000975 per share. On October 2, 2023, the Company issued 10,596,591 shares of its common stock to pay off the 1800 Notes with principal of $9,325 at the conversion price of $0.00088 per share. On October 24, 2023, the Company issued 11,016,949 shares of its common stock to pay off the 1800 Notes with principal of $6,500 at the conversion price of $0.00059 per share. On November 2, 2023, the Company issued 11,016,949 shares of its common stock to pay off the 1800 Notes with principal of $6,500 at the conversion price of $0.00059 per share. On November 7, 2023, the Company issued 11,016,949 shares of its common stock to pay off the 1800 Notes with principal of $6,500 at the conversion price of $0.00059 per share. On November 10, 2023, the Company issued 11,016,949 shares of its common stock to pay off the 1800 Notes with principal of $6,500 at the conversion price of $0.00059 per share. On November 13, 2023, the Company issued 13,300,000 shares of its common stock to pay off the 1800 Notes with principal of $7,847 at the conversion price of $0.00059 per share. On November 14, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On November 20, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On November 22, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On November 24, 2023, the Company issued 11,988,136 shares of its common stock to pay off the 1800 Notes with principal of $4,903 and interest of $2,170 at the conversion price of $0.00059 per share. On November 27, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On November 28, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On November 29, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On November 30, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On December 4, 2023, the Company issued 13,305,085 shares of its common stock to pay off the 1800 Notes with principal of $7,850 at the conversion price of $0.00059 per share. On December 6, 2023, the Company issued 19,500,000 shares of its common stock to pay off the 1800 Notes with principal of $9,555 at the conversion price of $0.00049 per share. On December 12, 2023, the Company issued 19,500,000 shares of its common stock to pay off the 1800 Notes with principal of $8,970 at the conversion price of $0.00046 per share. On December 13, 2023, the Company issued 19,761,904 shares of its common stock to pay off the 1800 Notes with principal of $8,300 at the conversion price of $0.00042 per share. On December 15, 2023, the Company issued 19,761,904 shares of its common stock to pay off the 1800 Notes with principal of $8,300 at the conversion price of $0.00042 per share. On December 19, 2023, the Company issued 20,769,231 shares of its common stock to pay off the 1800 Notes with principal of $7,000 and interest of $1,100 at the conversion price of $0.00039 per share. On December 26, 2023, the Company issued 20,769,231 shares of its common stock to pay off the 1800 Notes with principal of $8,100 at the conversion price of $0.00039 per share. On January 8, 2024, the Company issued 20,909,091 shares of its common stock to pay off the 1800 Notes with principal of $6,900 at the conversion price of $0.00033 per share. On January 10, 2024, the Company issued 20,909,091 shares of its common stock to pay off the 1800 Notes with principal of $6,900 at the conversion price of $0.00033 per share. On January 18, 2024, the Company issued 26,923,077 shares of its common stock to pay off the 1800 Notes with principal of $7,000 at the conversion price of $0.00026 per share. On January 22, 2024, the Company issued 26,923,077 shares of its common stock to pay off the 1800 Notes with principal of $7,000 at the conversion price of $0.00026 per share. On January 29, 2024, the Company issued 27,000,000 shares of its common stock to pay off the 1800 Notes with principal of $7,020 at the conversion price of $0.00026 per share. On February 1, 2024, the Company issued 27,000,000 shares of its common stock to pay off the 1800 Notes with principal of $7,020 at the conversion price of $0.00026 per share. On February 5, 2024, the Company issued 27,000,000 shares of its common stock to pay off the 1800 Notes with principal of $7,020 at the conversion price of $0.00026 per share. On February 6, 2024, the Company issued 27,000,000 shares of its common stock to pay off the 1800 Notes with principal of $7,020 at the conversion price of $0.00026 per share. On February 7, 2024, the Company issued 27,000,000 shares of its common stock to pay off the 1800 Notes with principal of $7,020 at the conversion price of $0.00026 per share. On February 8, 2024, the Company issued 37,307,692 shares of its common stock to pay off the 1800 Notes with principal of $9,700 at the conversion price of $0.00026 per share. On February 9, 2024, the Company issued 37,461,538 shares of its common stock to pay off the 1800 Notes with principal of $675 and interest of $9,065 at the conversion price of $0.00026 per share. As of September 30, 2024 and December 31, 2023, 825,861,858 and 520,428,292 shares of common stock were issued and outstanding respectively. Stock Incentive Option Plan On October 14, 2020, the Company approved a Share Incentive Option Plan whereby an aggregate of twenty million (20,000,000) shares of common stock were initially reserved for issuance upon exercise of stock options under the Plan. As of September 30, 2024, 19,650,000 stock of common shares have been issued under the Plan. As of September 30, 2024 and December 31, 2023, 350,000 shares are reserved to be issued under the Plan respectively. The Plan shall remain in effect for a period of ten (10) years from the effective date of October 14, 2020 for the granting of options and until all options granted under the Plan have been exercised or expired, or vested or forfeited.

INCOME TAX

INCOME TAX	9 Months Ended
	Sep. 30, 2024
INCOME TAX
INCOME TAX	8. INCOME TAX The Company mainly operates in Hong Kong and is subject to taxes in the governing jurisdictions in which it operates. The effective tax rate in the period presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rate, as follows: United States of America NNAX is registered in the State of Nevada and is subject to US federal corporate income tax of 21%. The Company’s policy is to recognize accrued interest and penalties related to unrecognized tax benefits in its income tax provision. The Company has not accrued or paid interest or penalties as they were not material to its results of operations for the periods presented. As of September 30, 2024, the operations in the United States of America incurred $5,011,637 of cumulative net operating losses which can be carried forward indefinitely to offset future taxable income. The Company has provided for a full valuation allowance against the deferred tax assets of $1,052,444 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. Nine months ended September 30, 2024 2023 Loss before income taxes $ (22,994 ) $ (83,099 ) Statutory income tax rate 21 % 21 % Income tax expense at statutory rate (4,829 ) (17,451 ) Tax loss – valuation allowance 4,829 17,451 Income tax expense $ - $ - BVI NHCL is considered to be an exempted British Virgin Islands Company and is presently not subject to income taxes or income tax filing requirements in the British Virgin Islands or the United States. Singapore NMAPL is registered in Republic of Singapore and is subject to the Singapore corporate income tax at a standard income tax rate of 17% on the assessable income arising in Singapore during its tax year. No assessable income was generated in Singapore during the nine months ended September 30, 2024 and there was no provision for income tax. As of September 30, 2024, the operation in Singapore incurred $5,716 of cumulative net operating losses which can be carried forward to offset future taxable income with no expiry. The Company has provided for a full valuation allowance against the deferred tax assets of $972 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. The reconciliation of income tax rate to the effective income tax rate for the nine months ended September 30, 2024 and 2023 are as follows: Nine months ended September 30, 2024 2023 Loss before income taxes $ (330 ) $ (1,995 ) Statutory income tax rate 17 % 17 % Income tax expense at statutory rate (56 ) (339 ) Tax loss – valuation allowance 56 339 Income tax expense $ - $ - Hong Kong GL, BBL and JL are operating in Hong Kong and are subject to the Hong Kong Profits Tax at the two-tiered profits tax rates from 8.25% to 16.5% on the estimated assessable profits arising in Hong Kong during the current year, after deducting a tax concession for the tax year. The reconciliation of income tax rate to the effective income tax rate for the nine months ended September 30, 2024 and 2023 are as follows: Nine months ended September 30, 2024 2023 Loss before income taxes $ (44,702 ) $ (145,335 ) Statutory income tax rate 16.5 % 16.5 % Income tax expense at statutory rate (7,376 ) (23,980 ) Tax effect of non-taxable items (2,889 ) (33 ) Tax effect of non-deductible items 1,087 14,361 Tax loss – valuation allowance 9,178 9,652 Income tax expense $ - $ - As of September 30, 2024, the operations in Hong Kong incurred $402,531 of cumulative net operating losses which can be carried forward to offset future taxable income with no expiry. The Company has provided for a full valuation allowance against the deferred tax assets of $66,418 on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future. The following table sets forth the significant components of the deferred tax assets of the Company as of September 30, 2024 and December 31, 2023: As of September 30, 2024 December 31, 2023 Deferred tax assets: Tax losses carryforwards - United States $ 1,052,444 $ 1,047,615 - Hong Kong 66,418 57,238 - Singapore 972 916 1,119,834 1,105,769 Less: valuation allowance (1,119,834 ) (1,105,769 ) Deferred tax assets, net $ - $ -

NET LOSS PER SHARE

NET LOSS PER SHARE	9 Months Ended
	Sep. 30, 2024
NET LOSS PER SHARE
NET LOSS PER SHARE	9. NET LOSS PER SHARE Basic net loss per share is computed using the weighted average number of common shares outstanding during the year. The following table sets forth the computation of basic and diluted net loss per share for the nine months ended September 30, 2024 and 2023: Schedule of computation of net loss per share Nine months ended September 30, 2024 2023 Net loss attributable to common shareholders $ (68,026 ) $ (238,747 ) Weighted average common shares outstanding – Basic and diluted 793,944,651 193,630,331 Net loss per share – Basic and diluted# $ (0.00 ) $ (0.00 ) # less than $0.001 For the nine months ended September 30, 2024 and 2023, despite potential conversion of promissory notes as of the prior period end, and shares to be issued under the Incentive Plan, diluted weighted-average common shares outstanding is equal to basic weighted-average common shares, due to the Company’s net loss position. No common stock equivalents were included in the computation of diluted net loss per share since such inclusion would have been antidilutive.

PENSION COSTS

PENSION COSTS	9 Months Ended
	Sep. 30, 2024
PENSION COSTS
PENSION COSTS	10. PENSION COSTS The Company is required to make contribution to their employees under a government-mandated defined contribution pension scheme for its eligible full-times employees in Hong Kong. The Company is required to contribute a specified percentage of the participants’ relevant income based on their ages and wages level. During the nine months ended September 30, 2024 and 2023, $605 and $603 contributions were made accordingly.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2024
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	11. RELATED PARTY TRANSACTIONS From time to time, the directors of the Company advanced funds to the Company for working capital purpose. Those advances are unsecured, non-interest bearing and repayable on demand. For the three months ended September 30, 2024 and 2023, ticket sales to director and family members amounted to $0 and $0 respectively. For the nine months ended September 30, 2024 and 2023, ticket sales to director and family members amounted to $0 and $6,767 respectively. For the three months ended September 30, 2024 and 2023, the Company paid the allowance of $2,693 and $2,680 respectively, to certain shareholders for their service. For the nine months ended September 30, 2024 and 2023, the Company paid the allowance of $8,064 and $8,042 to certain shareholders for their service. For the three months ended September 30, 2024 and 2023, the Company paid the allowance of $1,346 and $1,340 respectively, to the director for his service. For the nine months ended September 30, 2024 and 2023, the Company paid the allowance of $4,032 and $4,021 respectively to the director for his service. During the two financial periods, the director also provided maintenance services to the Company in respect of its platform, free of charge. Apart from the transactions and balances detailed elsewhere in these accompanying unaudited condensed consolidated financial statements, the Company has no other significant or material related party transactions during the years presented.

CONCENTRATIONS OF RISK

CONCENTRATIONS OF RISK	9 Months Ended
	Sep. 30, 2024
GOING CONCERN UNCERTAINTIES
CONCENTRATIONS OF RISK	12. CONCENTRATIONS OF RISK The Company is exposed to the following concentrations of risk: (a) Major customers For the three months ended September 30, 2024, there is no single customer who contributed in excess of 10% of the Company’s revenues. For the three months ended September 30, 2023, there were four customers who accounted for 35%, 22%, 17% and 16% of the Company’s revenue amounting $8,731, $5,489, $4,315 and $3,972 respectively, all of whom had $0 receivable at September 30, 2023. For the nine months ended September 30, 2024, there is no single customer who contributed in excess of 10% of the Company’s revenues. For the nine months ended September 30, 2023, there is one single customer who accounted for 71% of the Company’s revenue amounting $146,407, with $0 accounts receivable at September 30, 2023. (b) Major vendors For the three months ended September 30, 2024, there is no single vendor who represented more than 10% of the Company’s purchase cost. For the three months ended September 30, 2023, there were two vendors who accounted for 73% and 29% of the Company’s cost of revenue, amounting $15,762 and $6,403 respectively, with $0 and $0 accounts payable at September 30, 2023 respectively. For the nine months ended September 30, 2024, there is no single vendor who represented more than 10% of the Company’s purchase cost. For the nine months ended September 30, 2023, there were two vendors who accounted for 72% and 12% of the Company’s cost of revenue, amounting $146,101 and $24,383 respectively, with $8,219 and $0 accounts payable at September 30, 2023 respectively. (c) Economic and political risk The Company’s major operations are conducted in Hong Kong. Accordingly, the political, economic, and legal environments in Hong Kong, as well as the general state of Hong Kong’s economy may influence the Company’s business, financial condition, and results of operations. The present global economic climate with rising global tensions, rising costs and fuel shortage which potentially could escalate and result in global inflation may also impact the Company’s business, financial condition, and results of operations. (d) Exchange rate risk The Company cannot guarantee that the current exchange rate will remain steady; therefore there is a possibility that the Company could post the same amount of profit for two comparable periods and because of the fluctuating exchange rate actually post higher or lower profit depending on exchange rate of HKD and SGD converted to US$ on that date. The exchange rate could fluctuate depending on changes in political and economic environments without notice.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	13. COMMITMENTS AND CONTINGENCIES As of September 30, 2024 and December 31, 2023, the Company has lease commitment of $7,024 and $27,435 respectively. The lease commitment is payable within the next twelve months. As of September 30, 2024 and December 31, 2023 also, the Company is committed to convert the balance of convertible notes of $0 and $73,275 respectively, inclusive of default sum, to common stock. The Company has no other material commitments or contingencies.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	14. SUBSEQUENT EVENTS In accordance with ASC Topic 855, “ Subsequent Events The Company determined that there are no further events to disclose.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of presentation	These accompanying unaudited condensed consolidated financial statements have been prepared in U.S. Dollars in conformity with generally accepted accounting principles in the United States of America (“U.S. GAAP”) for interim financial information pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary to make the financial statements not misleading have been included. Operating results for the period ended September 30, 2024 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2024. The information included in this Form 10-Q should be read in conjunction with Management’s Discussion and Analysis, and the financial statements and notes thereto included in the Company’s Form 10-K, as filed with the SEC on April 17, 2024.
Use of estimates and assumptions	In preparing these unaudited condensed consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the periods reported. Actual results may differ from these estimates.
Basis of consolidation	The unaudited condensed consolidated financial statements include the financial statements of the Company and its subsidiaries. All significant inter-company balances and transactions within the Company have been eliminated upon consolidation.
Cash and Cash Equivalents	Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.
Accounts receivable	Accounts receivable are recorded at the invoiced amount and do not bear interest, which are due within contractual payment terms, generally 30 to 90 days from completion of service. Credit is extended based on evaluation of a customer’s financial condition, the customer credit-worthiness and their payment history. Accounts receivable outstanding longer than the contractual payment terms are considered past due. Past due balances over 90 days and over a specified amount are reviewed individually for collectability. At the end of fiscal year, the Company specifically evaluates individual customer’s financial condition, credit history, and the current economic conditions to monitor the progress of the collection of accounts receivables. The Company will consider the allowance for doubtful accounts for any estimated losses resulting from the inability of its customers to make required payments. For the receivables that are past due or not being paid according to payment terms, the appropriate actions are taken to exhaust all means of collection, including seeking legal resolution in a court of law. Account balances are charged off against the allowance after all means of collection have been exhausted and the potential for recovery is considered remote. The Company does not have any off-balance-sheet credit exposure related to its customers. As of September 30, 2024 and December 31, 2023, there was no allowance for doubtful accounts.
Allowance for Expected Credit Losses	ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments requires entities to use a current lifetime expected credit loss methodology to measure impairments of certain financial assets. The Company’s allowance for expected credit loss estimates the amount of expected future credit losses by analyzing accounts receivables balance by age and applying historical write-off and collection experience. The Company’s estimate separately considers macroeconomics trends, specific circumstances and credit conditions of customer receivables. Account balances are written off against the allowance when it is determined the receivable will not be recovered. As of September 30, 2024 and December 31, 2023, there was no allowance for expected credit losses.
Revenue Recognition	The Company adopted Accounting Standards Codification (“ASC ”) 606 – Revenue from Contracts with Customers Under ASC 606, a performance obligation is a promise within a contract to transfer a distinct good or service, or a series of distinct goods and services, to a customer. Revenue is recognized when performance obligations are satisfied and the customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for goods or services. Under the standard, a contract’s transaction price is allocated to each distinct performance obligation. To determine revenue recognition for arrangements that the Company determines are within the scope of ASC 606, the Company performs the following five steps: · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. The transaction price is included in the website and the customers bookings are deemed to be acceptance of the contract. The transaction price is fixed, and there is no variable consideration. The management has assessed its performance obligations as a single performance obligation and revenue is recorded upon transfer of control of the services to the customer. The Company records its revenue from booking income upon the ticket booking service is rendered to travelers. The Company also records its revenue from the sale of air tickets upon confirmation and issuance of tickets to the travelers. The Company follows the guidance provided in ASC 606, Revenue from Contracts with Customers, for determining whether the Company is the principal or an agent in arrangements with customers that involve another party that contributes to the provision of goods to a customer. In these instances, the Company determines whether it has promised to provide the goods itself (as principal) or to arrange for the specified goods and services to be provided by another party (as an agent). This determination is a matter of judgment that depends on the facts and circumstances of each arrangement. The Company recognizes revenue from the sale of its air tickets on a gross basis as the Company is responsible for the fulfillment, controls the delivery of the promised goods, and has full discretion in establishing prices and therefore is the principal in the arrangement.
Income Taxes	The Company adopted the ASC 740 Income tax The estimated future tax effects of temporary differences between the tax basis of assets and liabilities are reported in the accompanying balance sheets, as well as tax credit carry-backs and carry-forwards. The Company periodically reviews the recoverability of deferred tax assets recorded on its balance sheets and provides valuation allowances as management deems necessary.
Uncertain tax positions	The Company did not take any uncertain tax positions and had no adjustments to its income tax liabilities or benefits pursuant to the ASC 740 provisions of Section 740-10-25 for the three and nine months ended September 30, 2024 and 2023.
Foreign currencies translation	Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the consolidated statement of operations. The reporting currency of the Company is United States Dollar (“US$”) and the accompanying consolidated financial statements have been expressed in US$. In addition, the Company is operating in Hong Kong and Singapore and maintain its books and record in its local currency, Hong Kong Dollars (“HKD”) and Singapore Dollars (“SGD”), which are a functional currency as being the primary currency of the economic environment in which their operations are conducted. In general, for consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “ Translation of Financial Statement Translation of amounts from HKD and SGD into US$ have been made at the following exchange rates for the nine months ended September 30, 2024 and 2023: September 30, 2024 September 30, 2023 Period-end HKD:US$ exchange rate 0.12867 0.12766 Average HKD:US$ exchange rate 0.12799 0.12765 Period-end SGD:US$ exchange rate 0.78100 0.73239 Average SGD:US$ exchange rate 0.74727 0.74593
Comprehensive income	ASC Topic 220, “ Comprehensive Income
Leases	The Company adopted Topic 842, Leases In accordance with the guidance in ASC 842, components of a lease should be split into three categories: lease components (e.g. land, building, etc.), non-lease components (e.g. common area maintenance, consumables, etc.), and non-components (e.g. property taxes, insurance, etc.). Subsequently, the fixed and in-substance fixed contract consideration (including any related to non-components) must be allocated based on the respective relative fair values to the lease components and non-lease components. Lease expense is recognized on a straight-line basis over the lease terms. Lease expense includes amortization of the ROU assets and accretion of the lease liabilities. Amortization of ROU assets is calculated as the periodic lease cost less accretion of the lease liability. The amortized period for ROU assets is limited to the expected lease term. The Company has elected a practical expedient to combine the lease and non-lease components into a single lease component. The Company also elected the short-term lease measurement and recognition exemption and does not establish ROU assets or lease liabilities for operating leases with terms of 12 months or less.
Retirement plan costs	Contributions to retirement plans (which are defined contribution plans) are charged to general and administrative expenses in the accompanying statements of operation as the related employee service is provided.
Government incentives	A government incentive is not recognized until there is reasonable assurance that: (a) the enterprise will comply with the conditions attached to the incentive; and (b) the incentive will be received. When the Company receives government incentives but the conditions attached to the incentives have not been fulfilled, such government incentives are deferred and recorded under other payables and accrued expenses, and other long-term liability. The classification of short-term or long-term liabilities is dependent on management’s expectation of when the conditions attached to the incentives can be fulfilled. For the three months ended September 30, 2024 and 2023, the Company received government incentives (net of related expense) of $1,867 and $0 respectively. For the nine months ended September 30, 2024 and 2023, the Company received government incentives (net of related expense) of $17,499 and $0 respectively, which are recognized as other income in the consolidated statements of operations.
Related parties	The Company follows the ASC 850-10, Related Party Pursuant to section 850-10-20 the related parties include a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and Income-sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests. The unaudited condensed consolidated financial statements shall include disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of unaudited condensed consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which income statements are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which income statements are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement.
Commitments and contingencies	The Company follows the ASC 450-20, Commitments 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 would be accrued in the Company’s unaudited condensed consolidated financial statements. If the assessment indicates that a potentially material loss contingency is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable and material, would be disclosed. Loss contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would be disclosed. Management does not believe, based upon information available at this time that these matters will have a material adverse effect on the Company’s financial position, results of operations or cash flows. However, there is no assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results of operations or cash flows.
Fair Value of Financial Instruments	The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and has adopted paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a framework for measuring fair value in generally accepted accounting principles (GAAP), and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, paragraph 820-10-35-37 of the FASB Accounting Standards Codification establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by paragraph 820-10-35-37 of the FASB Accounting Standards Codification are described below: Level 1 Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2 Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3 Pricing inputs that are generally observable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. If the inputs used to measure the financial assets and liabilities fall within more than one level described above, the categorization is based on the lowest level input that is significant to the fair value measurement of the instrument. The carrying amounts of the Company’s financial assets and liabilities, such as cash and cash equivalents, accounts receivable, deposits, prepayments and other receivables, amount due from a director and operating lease right-of-use assets, approximate their fair values because of the short maturity of these instruments.
Recent Accounting Pronouncements	From time to time, new accounting pronouncements are issued by the Financial Accounting Standard Board (“FASB”) or other standard setting bodies and adopted by the Company as of the specified effective date. Unless otherwise discussed, the Company believes that the impact of recently issued standards that are not yet effective will not have a material impact on its financial position or results of operations upon adoption. The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and believe the future adoption of any such pronouncements may not be expected to cause a material impact on its financial condition or the results of its operations.

DESCRIPTION OF BUSINESS AND O_2

DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)	9 Months Ended
	Sep. 30, 2024
DESCRIPTION OF BUSINESS AND ORGANIZATION
Schedule of Description of subsidiaries	Name Place of incorporation and kind of legal entity Principal activities Particulars of registered/ paid up share capital Effective interest held NEMO Holding Company Limited British Virgin Islands Investment holding 10,000 ordinary shares at par value of US$1 100 % Gagfare Limited Hong Kong Travel agency 500,000 ordinary shares for HK$500,000 100 % Beyond Blue Limited Hong Kong Event organizer 1 ordinary share for HK$1 100 % New Momentum Asia Pte. Ltd. Singapore Investment holding 1 ordinary share of SGD 1 100 %

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule Of Foreign Currencies Translation	September 30, 2024 September 30, 2023 Period-end HKD:US$ exchange rate 0.12867 0.12766 Average HKD:US$ exchange rate 0.12799 0.12765 Period-end SGD:US$ exchange rate 0.78100 0.73239 Average SGD:US$ exchange rate 0.74727 0.74593

RIGHT OF USE ASSETS (Tables)

RIGHT OF USE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2024
RIGHT OF USE ASSETS
Schedule of right of use assets	September 30, December 31, 2024 2023 Cost of right-of-use assets $ 53,534 $ 53,534 Accumulated depreciation (46,807 ) (26,767 ) Carrying amount $ 6,727 $ 26,767

INCOME TAX (Tables)

INCOME TAX (Tables)	9 Months Ended
	Sep. 30, 2024
Schedule Of Deferred Tax Assets	As of September 30, 2024 December 31, 2023 Deferred tax assets: Tax losses carryforwards - United States $ 1,052,444 $ 1,047,615 - Hong Kong 66,418 57,238 - Singapore 972 916 1,119,834 1,105,769 Less: valuation allowance (1,119,834 ) (1,105,769 ) Deferred tax assets, net $ - $ -
Singapore [Member]
Schedule Of Income Tax Components	Nine months ended September 30, 2024 2023 Loss before income taxes $ (330 ) $ (1,995 ) Statutory income tax rate 17 % 17 % Income tax expense at statutory rate (56 ) (339 ) Tax loss – valuation allowance 56 339 Income tax expense $ - $ -
Hong Kong [Member]
Schedule Of Income Tax Components	Nine months ended September 30, 2024 2023 Loss before income taxes $ (44,702 ) $ (145,335 ) Statutory income tax rate 16.5 % 16.5 % Income tax expense at statutory rate (7,376 ) (23,980 ) Tax effect of non-taxable items (2,889 ) (33 ) Tax effect of non-deductible items 1,087 14,361 Tax loss – valuation allowance 9,178 9,652 Income tax expense $ - $ -
United States
Schedule Of Income Tax Components	Nine months ended September 30, 2024 2023 Loss before income taxes $ (22,994 ) $ (83,099 ) Statutory income tax rate 21 % 21 % Income tax expense at statutory rate (4,829 ) (17,451 ) Tax loss – valuation allowance 4,829 17,451 Income tax expense $ - $ -

NET LOSS PER SHARE (Tables)

NET LOSS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
NET LOSS PER SHARE
Schedule Of computation of basic and diluted net loss per share	Schedule of computation of net loss per share Nine months ended September 30, 2024 2023 Net loss attributable to common shareholders $ (68,026 ) $ (238,747 ) Weighted average common shares outstanding – Basic and diluted 793,944,651 193,630,331 Net loss per share – Basic and diluted# $ (0.00 ) $ (0.00 )

DESCRIPTION OF BUSINESS AND O_3

DESCRIPTION OF BUSINESS AND ORGANIZATION (Details)	9 Months Ended
	Sep. 30, 2024 shares
Gagfare Limited [Member]
Place of incorporation and kind of legal entity	Hong Kong
Principal activities	Travel agency
Particulars of registered/ paid up share	500,000
Effective interest held	100%
Beyond Blue Limited [Member]
Place of incorporation and kind of legal entity	Hong Kong
Principal activities	Event organizer
Particulars of registered/ paid up share	1
Effective interest held	100%
New Momentum Asia Pte. Ltd. [Member]
Place of incorporation and kind of legal entity	Singapore
Principal activities	Investment holding
Particulars of registered/ paid up share	1
Effective interest held	100%
NEMO Holding Company Limited [Member]
Place of incorporation and kind of legal entity	British Virgin Islands
Principal activities	Investment holding
Particulars of registered/ paid up share	10,000
Effective interest held	100%

GOING CONCERN UNCERTAINTIES (De

GOING CONCERN UNCERTAINTIES (Details Narrative)	Sep. 30, 2024 USD ($)
Going Concern [Member]
Net current liabilities	$ 653,192

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - $ / shares	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Year-end HKD:US$ exchange rate	$ 0.12867	$ 0.12766
Average HKD:US$ exchange rate	0.12799	0.12765
Year-end SGD:US$ exchange rate	0.78100	0.73239
Average SGD:US$ exchange rate	$ 0.74727	$ 0.74593

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Description of lease term			lease liabilities for operating leases with terms of 12 months or less
Related party expenses	$ 1,867	$ 0	$ 17,499	$ 0

RIGHT OF USE ASSETS (Details)

RIGHT OF USE ASSETS (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
RIGHT OF USE ASSETS
Cost of right-of-use assets	$ 53,534	$ 53,534
Accumulated depreciation	(46,807)	(26,767)
Carrying amount	$ 6,727	$ 26,767

RIGHT OF USE ASSETS (Details Na

RIGHT OF USE ASSETS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
RIGHT OF USE ASSETS
Depreciation of the right-of-use asset	$ 6,702	$ 6,682	$ 20,074	$ 20,020
Lease expense	145	$ 561	690	$ 1,681
Lease liability	$ 7,024		$ 7,024		$ 27,435
Lease term			2 years
Description of lease liability maturity period			next twelve months

AMOUNTS DUE TO A DIRECTOR AND_2

AMOUNTS DUE TO A DIRECTOR AND SHAREHOLDER (Details Narrative) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Directors [Member]
Amounts due to directors	$ 500,856	$ 422,968
Shareholder [Member]
Amounts due to shareholders	$ 28,530	$ 24,349

CONVERTIBLE PROMISSORY NOTES (D

CONVERTIBLE PROMISSORY NOTES (Details Narrative) - USD ($)																																			1 Months Ended																		3 Months Ended		9 Months Ended
	Feb. 09, 2024	Feb. 09, 2024	Feb. 08, 2024	Feb. 08, 2024	Feb. 07, 2024	Feb. 07, 2024	Feb. 06, 2024	Feb. 06, 2024	Feb. 05, 2024	Feb. 05, 2024	Feb. 01, 2024	Feb. 01, 2024	Jan. 10, 2024	Jan. 08, 2024	Dec. 15, 2023	Dec. 13, 2023	Dec. 12, 2023	Dec. 06, 2023	Dec. 04, 2023	Nov. 14, 2023	Nov. 13, 2023	Nov. 10, 2023	Nov. 07, 2023	Nov. 02, 2023	Nov. 02, 2023	Oct. 02, 2023	Aug. 02, 2023	Aug. 02, 2023	Jun. 09, 2023	Mar. 15, 2023	Jan. 06, 2023	Dec. 01, 2022	Sep. 02, 2022	Aug. 04, 2022	Jan. 29, 2024	Jan. 22, 2024	Jan. 18, 2024	Dec. 26, 2023	Dec. 19, 2023	Nov. 30, 2023	Nov. 30, 2023	Nov. 29, 2023	Nov. 28, 2023	Nov. 27, 2023	Nov. 24, 2023	Nov. 22, 2023	Nov. 20, 2023	Oct. 24, 2023	Aug. 21, 2023	Mar. 21, 2023	Sep. 20, 2022	May 18, 2022	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Aug. 09, 2023
Amortization of discount																																																					$ 0	$ 1,711	$ 0	$ 9,848
Accrued Interest	$ 9,065	$ 9,065																									$ 2,750	$ 2,750											$ 1,100						$ 2,170								0		$ 0		$ 16,593
Maximum percentage of common stock issued																																																							4.99%
Debt instrument principle value	$ 675			$ 9,700		$ 7,020	$ 7,020			$ 7,020	$ 7,020		$ 6,900	$ 6,900	$ 8,300	$ 8,300	$ 8,970	$ 9,555	$ 7,850	$ 7,850	$ 7,847	$ 6,500	$ 6,500		$ 6,500	$ 9,325		$ 6,750	$ 10,000	$ 10,000	$ 20,000	$ 12,000			$ 7,020	$ 7,000	$ 7,000	$ 8,100	$ 7,000	$ 7,850		$ 7,850	$ 7,850	$ 7,850	$ 4,903	$ 7,850	$ 7,850	$ 6,500	$ 9,750	$ 10,000
Debt instrument converted shares of common stock	37,461,538			37,307,692		27,000,000	27,000,000			27,000,000	27,000,000		20,909,091	20,909,091	19,761,904	19,761,904	19,500,000	19,500,000	13,305,085	13,305,085	13,300,000	11,016,949	11,016,949		11,016,949	10,596,591		7,307,692	5,882,353	4,761,905	3,571,429	1,518,987			27,000,000	26,923,077	26,923,077	20,769,231	20,769,231	13,305,085		13,305,085	13,305,085	13,305,085	11,988,136	13,305,085	13,305,085	11,016,949	10,000,000	4,761,905
Debt instrument conversion price	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00033	$ 0.00033	$ 0.00042	$ 0.00042	$ 0.00046	$ 0.00049	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00088	$ 0.0013	$ 0.0013	$ 0.0017	$ 0.0021	$ 0.0056	$ 0.0079			$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00039	$ 0.00039	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.000975	$ 0.0021
Principal amount still remained converted																																																	$ 71,625				73,275		$ 73,275			$ 81,375
Incurred default sum																																																	$ 27,125									$ 27,125
Interest on convertible note																																																					0	30,371	1,084	37,761
Waiver of interest on convertible note																																																					$ 0	$ 0	$ 8,612	$ 0
Securities Purchase Agreement [Member]
Debt instrument, principal amount																																	$ 54,250	$ 54,250																	$ 54,250	$ 68,750
Debt instrument, original issue discount																																	$ 4,250	$ 4,250																	$ 4,250	$ 3,750
Description of conversion into shares																																																				The 1800 Notes are convertible into shares of common stock of the Company at a price equal to 35% of the lowest trading price of the Company’s common stock for the twenty (20) consecutive trading days immediately preceding to the conversion date
Due date																																	September 2, 2023	August 4, 2023																	September 20, 2023	May 18, 2023
Interest rate																																																				8%

SHAREHOLDERS DEFICIT (Details N

SHAREHOLDERS DEFICIT (Details Narrative) - USD ($)																																	1 Months Ended																9 Months Ended
	Feb. 09, 2024	Feb. 09, 2024	Feb. 08, 2024	Feb. 08, 2024	Feb. 07, 2024	Feb. 07, 2024	Feb. 06, 2024	Feb. 06, 2024	Feb. 05, 2024	Feb. 05, 2024	Feb. 01, 2024	Feb. 01, 2024	Jan. 10, 2024	Jan. 08, 2024	Dec. 15, 2023	Dec. 13, 2023	Dec. 12, 2023	Dec. 06, 2023	Dec. 04, 2023	Nov. 14, 2023	Nov. 13, 2023	Nov. 10, 2023	Nov. 07, 2023	Nov. 02, 2023	Nov. 02, 2023	Oct. 02, 2023	Aug. 02, 2023	Aug. 02, 2023	Jun. 09, 2023	Mar. 15, 2023	Jan. 06, 2023	Dec. 01, 2022	Jan. 29, 2024	Jan. 22, 2024	Jan. 18, 2024	Dec. 26, 2023	Dec. 19, 2023	Nov. 30, 2023	Nov. 30, 2023	Nov. 29, 2023	Nov. 28, 2023	Nov. 27, 2023	Nov. 24, 2023	Nov. 22, 2023	Nov. 20, 2023	Oct. 24, 2023	Aug. 21, 2023	Mar. 21, 2023	Sep. 30, 2024	Dec. 31, 2023	Oct. 14, 2020
Common stock shares authorized																																																	1,000,000,000	1,000,000,000
Common stock par value																																																	$ 0.001	$ 0.001
Common stock shares issued																																																	825,861,858	520,428,292
Common stock, Shares outstanding																																																	825,861,858	520,428,292
Issuance of common stock	37,461,538	37,461,538	37,307,692	37,307,692	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	27,000,000	20,909,091	20,909,091	19,761,904	19,761,904	19,500,000	19,500,000	13,305,085	13,305,085	13,300,000	11,016,949	11,016,949	11,016,949	11,016,949	10,596,591	7,307,692	7,307,692	5,882,353	4,761,905	3,571,429	1,518,987	27,000,000	26,923,077	26,923,077	20,769,231	20,769,231	13,305,085	13,305,085	13,305,085	13,305,085	13,305,085	11,988,136	13,305,085	13,305,085	11,016,949	10,000,000	4,761,905
Pay off principal value	$ 675	$ 675	$ 9,700	$ 9,700	$ 7,020	$ 7,020	$ 7,020	$ 7,020	$ 7,020	$ 7,020	$ 7,020	$ 7,020	$ 6,900	$ 6,900	$ 8,300	$ 8,300	$ 8,970	$ 9,555	$ 7,850	$ 7,850	$ 7,847	$ 6,500	$ 6,500	$ 6,500	$ 6,500	$ 9,325	$ 6,750	$ 6,750	$ 10,000	$ 10,000	$ 20,000	$ 12,000	$ 7,020	$ 7,000	$ 7,000	$ 8,100	$ 7,000	$ 7,850	$ 7,850	$ 7,850	$ 7,850	$ 7,850	$ 4,903	$ 7,850	$ 7,850	$ 6,500	$ 9,750	$ 10,000
Interest payable	$ 9,065	$ 9,065																									$ 2,750	$ 2,750									$ 1,100						$ 2,170						$ 0	$ 16,593
Conversion price	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00033	$ 0.00033	$ 0.00042	$ 0.00042	$ 0.00046	$ 0.00049	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00088	$ 0.0013	$ 0.0013	$ 0.0017	$ 0.0021	$ 0.0056	$ 0.0079	$ 0.00026	$ 0.00026	$ 0.00026	$ 0.00039	$ 0.00039	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.00059	$ 0.000975	$ 0.0021
Preferred stock, shares authorized																																																	175,000,000	175,000,000
Preferred stock par value																																																	$ 0.001	$ 0.001
Preferred stock, Shares issued																																																	1	1
Preferred stock, Shares outstanding																																																	1	1
Stock Incentive Option Plan [Member]
Common stock shares issued																																																	19,650,000
Issuance of common stock																																																			20,000,000
Unissued shares																																																	350,000
Stock incentive option plan effective period																																																	The Plan shall remain in effect for a period of ten (10) years from the effective date of October 14, 2020 for the granting of options and until all options granted under the Plan have been exercised or expired, or vested or forfeited
Common Stocks [Member]
Common stock shares authorized																																																	1,000,000,000	1,000,000,000
Common stock par value																																																	$ 0.001	$ 0.001
Common stock shares issued																																																	825,861,858	520,428,292
Common stock, Shares outstanding																																																	520,428,292	520,428,292
Class A Preferred Stock Member
Preferred stock, shares authorized																																																	175,000,000	175,000,000
Preferred stock par value																																																	$ 0.001	$ 0.001
Preferred stock, Shares issued																																																	1	1
Preferred stock, Shares outstanding																																																	1	1

INCOME TAX (Details)

INCOME TAX (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income tax expense	$ 0	$ 0	$ 0	$ 0
United States
Loss before income taxes			$ (22,994)	$ (83,099)
Statutory income tax rate			21%	21%
Income tax expense at statutory rate			$ (4,829)	$ (17,451)
Tax loss - valuation allowance			4,829	17,451
Income tax expense			$ 0	$ 0

INCOME TAX (Details 1)

INCOME TAX (Details 1) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income tax expense	$ 0	$ 0	$ 0	$ 0
Singapore [Member]
Loss before income taxes			$ (330)	$ (1,995)
Statutory income tax rate			17%	17%
Income tax expense at statutory rate			$ (56)	$ (339)
Tax loss - valuation allowance			56	339
Income tax expense			$ 0	$ 0

INCOME TAX (Details 2)

INCOME TAX (Details 2) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income tax expense	$ 0	$ 0	$ 0	$ 0
Hong Kong [Member]
Loss before income taxes			$ (44,702)	$ (145,335)
Statutory income tax rate			16.50%	16.50%
Income tax expense at statutory rate			$ (7,376)	$ (23,980)
Tax effect of non-taxable items			(2,889)	(33)
Tax effect of non-deductible items			1,087	14,361
Tax loss - valuation allowance			9,178	9,652
Income tax expense			$ 0	$ 0

INCOME TAX (Details 3)

INCOME TAX (Details 3) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Tax losses carryforwards	$ 1,119,834	$ 1,105,769
Less: valuation allowance	(1,119,834)	(1,105,769)
Deferred tax assets, net	0	0
Singapore [Member]
Tax losses carryforwards	972	916
Hong Kong [Member]
Tax losses carryforwards	66,418	57,238
United States
Tax losses carryforwards	$ 1,052,444	$ 1,047,615

INCOME TAX (Details Narrative)

INCOME TAX (Details Narrative)	9 Months Ended
	Sep. 30, 2024 USD ($)
Singapore [Member]
Tax rate	17%
Cumulative net operating losses	$ 5,716
Deferred tax assets	972
Hong Kong [Member]
Cumulative net operating losses	402,531
Deferred tax assets	$ 66,418
Income tax rate description	the Hong Kong Profits Tax at the two-tiered profits tax rates from 8.25% to 16.5%
United States
Tax rate	21%
Cumulative net operating losses	$ 5,011,637
Deferred tax assets	$ 1,052,444

NET LOSS PER SHARE (Details)

NET LOSS PER SHARE (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
NET LOSS PER SHARE
Net loss attributable to common shareholders	$ (68,026)	$ (238,747)
Weighted average common shares outstanding - Basic and diluted	793,944,651	193,630,331
Net loss per share - Basic and diluted	$ 0	$ 0

PENSION COSTS (Details Narrativ

PENSION COSTS (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Hong Kong [Member]
Pension contribution costs	$ 605	$ 603

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Director and Family [Member]
Sales of ticket	$ 0	$ 0	$ 0	$ 6,767
Directors [Member]
Allowance paid to shareholders for their services	1,346	1,340	4,032	4,021
Shareholder [Member]
Allowance paid to shareholders for their services	$ 2,693	$ 2,680	$ 8,064	$ 8,042

CONCENTRATIONS OF RISK (Details

CONCENTRATIONS OF RISK (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounts payable	$ 12,443		$ 12,443		$ 9,208
Revenue	0	$ 25,306	6	$ 206,073
Customer One [Member]
Accounts receivable	$ 0	$ 0	$ 0	$ 0
Revenue percentage	10%	35%	10%	71%
Revenue		$ 8,731		$ 146,407
Customer Two [Member]
Revenue percentage		22%
Revenue		$ 5,489
Customer Three [Member]
Revenue percentage		17%
Revenue		$ 4,315
Customer Four [Member]
Revenue percentage		16%
Revenue		$ 3,972
Vendor One [Member]
Accounts payable	$ 8,219	$ 0	$ 8,219	$ 0
Revenue percentage	10%	73%	10%	72%
Revenue		$ 15,762		$ 146,101
Vendors Two [Member]
Accounts payable	$ 0	$ 0	$ 0	$ 0
Revenue percentage		29%		12%
Revenue		$ 6,403		$ 24,383

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES
Convertible notes payable	$ 0	$ 73,275
Lease commitment	$ 7,024	$ 27,435