Document and Entity Information
Document and Entity Information - shares | 3 Months Ended | |
Mar. 31, 2020 | Apr. 22, 2020 | |
Document and Entity Information [Abstract] | ||
Entity Registrant Name | Tengjun Biotechnology Corp. | |
Entity Central Index Key | 0001499785 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --12-31 | |
Document Type | 10-Q | |
Document Period End Date | Mar. 31, 2020 | |
Document Fiscal Year Focus | 2020 | |
Document Fiscal Period Focus | Q1 | |
Entity Filer Category | Non-accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Small Business | true | |
Entity Shell Company | true | |
Entity Emerging Growth Company | false | |
Entity Filer Number | 333-169397 | |
Entity Interactive Data Current | Yes | |
Entity Incorporation State Country Code | NV | |
Entity Common Stock, Shares Outstanding | 45,716,580 |
Condensed Balance Sheets
Condensed Balance Sheets - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 |
CURRENT ASSETS: | ||
Cash and cash equivalents | ||
Prepaid expenses | 13,137 | 4,299 |
TOTAL CURRENT ASSETS | 13,137 | 4,299 |
TOTAL ASSETS | 13,137 | 4,299 |
CURRENT LIABILITIES: | ||
Accounts payable and accrued liabilities | 11,100 | 11,125 |
Related party loans | 290,623 | 272,814 |
TOTAL CURRENT LIABILITIES | 301,723 | 283,939 |
STOCKHOLDERS' DEFICIT: | ||
Preferred stock ($.001 par value; 5,000,000 shares authorized; 0 shares issued and outstanding) | ||
Common stock ($.001 par value; 70,000,000 shares authorized; 43,216,580 and 43,136,540 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively) | 43,217 | 43,137 |
Additional paid-in capital | 208,859 | 201,095 |
Accumulated deficit | (540,662) | (523,872) |
TOTAL STOCKHOLDERS' DEFICIT | (288,586) | (279,640) |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $ 13,137 | $ 4,299 |
Condensed Balance Sheets (Paren
Condensed Balance Sheets (Parenthetical) - $ / shares | Mar. 31, 2020 | Dec. 31, 2019 |
Statement of Financial Position [Abstract] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 70,000,000 | 70,000,000 |
Common stock, shares issued | 43,216,580 | 43,136,540 |
Common stock, shares outstanding | 43,216,580 | 43,136,540 |
Unaudited Condensed Statements
Unaudited Condensed Statements of Operations - USD ($) | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
Income Statement [Abstract] | ||
Revenues | ||
Operating Expenses: | ||
Accounting fees | 6,300 | 6,125 |
Other general and administrative | 5,051 | 4,615 |
Total Operating Expenses | 11,351 | 10,740 |
Loss from Operations | (11,351) | (10,740) |
Other Expense: | ||
Interest expense - related party | (5,439) | (4,724) |
Total Other Expense | (5,439) | (4,724) |
Net Loss | $ (16,790) | $ (15,464) |
Net loss per common share, basic and diluted | $ 0 | $ 0 |
Weighted average number of common shares outstanding: | ||
Basic and diluted | 43,198,109 | 38,136,540 |
Unaudited Condensed Statement_2
Unaudited Condensed Statements of Changes In Stockholders' Deficit - USD ($) | Common Stock | Additional Paid-in Capital | Accumulated Deficit | Total |
Balance at Dec. 31, 2018 | $ 38,137 | $ 180,723 | $ (464,007) | $ (245,147) |
Balance, shares at Dec. 31, 2018 | 38,136,540 | |||
Imputed interest | 4,724 | 4,724 | ||
Net loss | (15,464) | (15,464) | ||
Balance at Mar. 31, 2019 | $ 38,137 | 185,447 | (479,471) | (255,887) |
Balance, shares at Mar. 31, 2019 | 38,136,540 | |||
Balance at Dec. 31, 2019 | $ 43,137 | 201,095 | (523,872) | (279,640) |
Balance, shares at Dec. 31, 2019 | 43,136,540 | |||
Common stock sold for cash | $ 80 | 2,325 | 2,405 | |
Common stock sold for cash, shares | 80,040 | |||
Imputed interest | 5,439 | 5,439 | ||
Net loss | (16,790) | (16,790) | ||
Balance at Mar. 31, 2020 | $ 43,217 | $ 208,859 | $ (540,662) | $ (288,586) |
Balance, shares at Mar. 31, 2020 | 43,216,580 |
Unaudited Condedsed Statements
Unaudited Condedsed Statements of Cash Flows - USD ($) | 3 Months Ended | |
Mar. 31, 2020 | Mar. 31, 2019 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net loss | $ (16,790) | $ (15,464) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Imputed interest on related party loans | 5,439 | 4,724 |
Changes in operating assets and liabilities: | ||
Increase in prepaid expenses | (8,838) | (9,000) |
Decrease in accounts payable and accrued liabilities | (25) | (25) |
NET CASH USED IN OPERATING ACTIVITIES | (20,214) | (19,765) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds received from related party loans | 20,214 | 19,765 |
Proceeds from sale of common stock | 2,405 | |
Repayment made for related party loans | (2,405) | |
NET CASH PROVIDED BY FINANCING ACTIVITIES | 20,214 | 19,765 |
NET INCREASE IN CASH | ||
Cash, beginning of period | ||
Cash, end of period | ||
SUPPLEMENTAL DISCLOSURES: | ||
Interest paid | ||
Income taxes paid |
Organization
Organization | 3 Months Ended |
Mar. 31, 2020 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization | NOTE 1 - Organization China Herb Group Holdings Corporation (the "Company") was incorporated under the name "Island Radio, Inc" under the laws of the State of Nevada on June 28, 2010. On December 9, 2019, the Company changed its corporate name to Tengjun Biotechnology Corp. On June 27, 2012, Eric R. Boyer and Nina Edstrom (collectively, the "Sellers"), who were then the major shareholders of the Company, entered into a Share Purchase Agreement with Chin Yung Kong, Qiuping Lu and Fumin Feng (collectively, the "Purchasers"), pursuant to which the Sellers sold to the Purchasers an aggregate 4,000,000 shares of the common stock of the Company, which represented approximately 93% of the then total issued and outstanding stock of the Company, for a total purchase price of $159,970 (the "Change in Control"). As result of this share purchase transaction, Chin Yung Kong, Qiuping Lu and Fumin Feng became the controlling shareholders of the Company. The Company's original business plan was to become a commercial FM radio broadcaster. Subsequently, following the Change in Control, the Company changed its business plan and intended to become a medical and spa company with a focus on Asia. However, after consultation with its professional and business advisors in the United States and the People's Republic of China, the Company's management decided during the third quarter of 2014 that this would no longer be its plan of operations. The Company's plan of operations is to evaluate various industries, geographic and market opportunities. This may take the form of acquiring a business, being acquired by an existing business or developing a business organically. Any such efforts may require significant capital, which the Company currently lacks. There is no assurance that any such opportunity will become available. There is also no assurance that, if any opportunity becomes available, the Company will have the financial and other resources available to take advantage of such opportunity, since the Company has extremely limited liquidity. Through March 31, 2020, the Company has no revenues or operation. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2020 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | NOTE 2 - Summary of Significant Accounting Policies Unaudited Interim Financial Information The accompanying balance sheets as of March 31, 2020, statements of operations for the three months ended March 31, 2020 and 2019, statements of changes in stockholders' deficit for the three months ended March 31, 2020 and 2019, and the statements of cash flows for the three months ended March 31, 2020 and 2019, are unaudited. These unaudited interim financial statements have been prepared in accordance with accounting principles accepted in the United States of America ("U.S. GAAP"). In the opinion of the Company's management, the unaudited interim financial statements have been prepared on the same basis as the audited financial statements and included all adjustments necessary for the fair presentation of the Company's statement of financial position at March 31, 2020 and its results of operations and its cash flows for the period ended March 31, 2020. The results for the period ended March 31, 2020 are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2020. Basis of Presentation The accompanying financial statements have been prepared in accordance with U.S. GAAP for financial information and in accordance with Regulation S-X promulgated by the Securities and Exchange Commission (the "SEC"). They reflect all adjustments which are, in the opinion of the Company's management, necessary for a fair presentation of the financial position as of March 31, 2020 and operating results for the three months ended March 31, 2020 and 2019. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the Company's Annual Report on Form 10-K, for the year ended December 31, 2019, filed with the SEC on February 28, 2020. Use of Estimates The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment. Actual results may vary from these estimates. Fair Value of Financial Instruments ASC 820, "Fair Value Measurements" and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities As of March 31, 2020 and December 31, 2019, the Company believes that the recorded values of all of its financial instruments approximate their current fair values because of their nature and respective maturity dates or durations Description Level 1 Level 2 Level 3 Total Realized Loss March 31, 2020 - - - - December 31, 2019 - - - - ASC 825-10 "Financial Instruments", allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. The Company did not elect to apply the fair value option to any outstanding instruments. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. As of March 31, 2020 and December 31, 2019, the Company had no cash equivalents. Prepaid Expenses Prepaid expenses relate to cash paid in advance for annual listing fee and business license. These amounts are recognized as expense over the related listing and service periods. At March 31, 2020 and December 31, 2019, prepaid expenses amounted $13,137 and $4,299, respectively. Income Taxes Deferred income tax assets and liabilities arise from temporary differences associated with differences between the financial statements and tax basis of assets and liabilities, as measured by the enacted tax rates, which are expected to be in effect when these differences reverse. Deferred tax assets and liabilities are classified as current or non-current, depending upon the classification of the assets or liabilities to which they relate. Deferred tax assets and liabilities not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. The Company follows the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740-10 "Uncertainty in Income Taxes" (ASC 740-10). Certain recognition thresholds must be met before a tax position is recognized in the financial statements. An entity may only recognize or continue to recognize tax positions that meet a "more-likely-than-not" threshold. As of March 31, 2020 and December 31, 2019, the Company does not believe it has any uncertain tax positions that would require either recognition or disclosure in the accompanying financial statements. Loss per Share Calculation Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per shares is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. During the three months ended March 31, 2020 and 2019, the Company had no dilutive financial instruments issued or outstanding. Recent Accounting Pronouncements Accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption. The Company does not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to its financial condition, results of operations, cash flows or disclosures. |
Going Concern
Going Concern | 3 Months Ended |
Mar. 31, 2020 | |
Going Concern [Abstract] | |
Going Concern | NOTE 3 - Going Concern The Company has minimal operations, and as such has devoted most of its efforts since its inception to developing its business plan, issuing common stock, attempting to raise capital, establishing its accounting systems and other administrative functions. As of March 31, 2020, the Company had $0 in cash and has been funding its working capital needs from loans from related party. The Company is seeking sources of funding. Without limiting its available options, future equity financings will most likely be through the sale of additional shares of its common stock. It is possible that the Company could also offer warrants, options and/or rights in conjunction with any future issuances of its common stock. However, the Company can give no assurance that financing will be available to it, and if available, in amounts or on terms acceptable to the Company. The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate continuation of the Company as a going concern. The Company has not established a source of revenues sufficient to cover its operating costs, and as such, has incurred an operating loss since its inception. Further, as of March 31, 2020, the Company had a working capital deficit, accumulated deficit and stockholders' deficit of $288,586, $540,662 and $288,586, respectively. These and other factors raise substantial doubt about the Company's ability to continue as a going concern. The accompanying financial statements do not include any adjustments or classifications that may result from the possible inability of the Company to continue as a going concern. |
Related Party Transactions
Related Party Transactions | 3 Months Ended |
Mar. 31, 2020 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | NOTE 4 - Related Party Transactions Related Party Loans Qiuping Lu, President, CEO, director and shareholder of the Company, advanced funds to the Company for working capital purposes. These working capital advances are payable on demand. As of March 31, 2020 and December 31, 2019, these working capital advances amounted to $290,623 and $272,814, respectively, are reflected as related party loans on the accompanying balance sheets. During the three months ended March 31, 2020 and 2019, in connection with these related party loans, the Company imputed interest of $5,439 and $4,724, respectively, and recorded interest expense and an increase in additional paid-in capital. During the quarter ended March 31, 2020, the Company sold 80,040 shares of common stock for $2,405. As the Company did not have a bank account, the funds were deposited directly to Ms. Lu's personal bank account and was accounted for as a repayment for advances outstanding made by Ms. Lu. Office Space from Related Party The Company uses office space of a related party, free of rent, which is considered immaterial. |
Stockholders_ Deficit
Stockholders’ Deficit | 3 Months Ended |
Mar. 31, 2020 | |
Equity [Abstract] | |
Stockholders’ Deficit | NOTE 5 – Stockholders' Deficit Preferred Stock The total number of preferred shares authorized that may be issued by the Company is 5,000,000 shares with a par value of $0.001 per share. As of March 31, 2020 and December 31, 2019, the Company had no shares of its preferred stock issued and outstanding. Common Stock The total number of common shares authorized that may be issued by the Company is 70,000,000 shares with a par value of $0.001 per share. As of March 31, 2020 and December 31, 2019, the Company had 43,216,580 and 43,136,540 shares of its common stock issued and outstanding, respectively. Common Stock Sold for Cash On January 22, 2020, the Company sold 80,040 shares of common stock at a purchase price of $0.03 per share to seven investors pursuant to stock purchase agreements. The Company did not engage a placement agent with respect to the sale. The Company received proceeds of $2,405. |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2020 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | NOTE 6 – Commitments and Contingencies At March 31, 2020, there were no legal proceedings against the Company. |
Subsequent Events
Subsequent Events | 3 Months Ended |
Mar. 31, 2020 | |
Subsequent Events [Abstract] | |
Subsequent Events | NOTE 7 – Subsequent Events On April 7, 2020 , the Company sold 2,500,000 shares of common stock at a purchase price of $0.01 per share to an investor pursuant to a stock purchase agreement. The Company did not engage a placement agent with respect to the sale. The Company received |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Mar. 31, 2020 | |
Accounting Policies [Abstract] | |
Unaudited Interim Financial Information | Unaudited Interim Financial Information The accompanying balance sheets as of March 31, 2020, statements of operations for the three months ended March 31, 2020 and 2019, statements of changes in stockholders' deficit for the three months ended March 31, 2020 and 2019, and the statements of cash flows for the three months ended March 31, 2020 and 2019, are unaudited. These unaudited interim financial statements have been prepared in accordance with accounting principles accepted in the United States of America ("U.S. GAAP"). In the opinion of the Company's management, the unaudited interim financial statements have been prepared on the same basis as the audited financial statements and included all adjustments necessary for the fair presentation of the Company's statement of financial position at March 31, 2020 and its results of operations and its cash flows for the period ended March 31, 2020. The results for the period ended March 31, 2020 are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2020. |
Basis of Presentation | Basis of Presentation The accompanying financial statements have been prepared in accordance with U.S. GAAP for financial information and in accordance with Regulation S-X promulgated by the Securities and Exchange Commission (the "SEC"). They reflect all adjustments which are, in the opinion of the Company's management, necessary for a fair presentation of the financial position as of March 31, 2020 and operating results for the three months ended March 31, 2020 and 2019. The information included in this Quarterly Report on Form 10-Q should be read in conjunction with the Company's Annual Report on Form 10-K, for the year ended December 31, 2019, filed with the SEC on February 28, 2020. |
Use of Estimates | Use of Estimates The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment. Actual results may vary from these estimates. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments ASC 820, "Fair Value Measurements" and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value. A financial instrument's categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. It prioritizes the inputs into three levels that may be used to measure fair value Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities As of March 31, 2020 and December 31, 2019, the Company believes that the recorded values of all of its financial instruments approximate their current fair values because of their nature and respective maturity dates or durations Description Level 1 Level 2 Level 3 Total Realized Loss March 31, 2020 - - - - December 31, 2019 - - - - ASC 825-10 "Financial Instruments", allows entities to voluntarily choose to measure certain financial assets and liabilities at fair value (fair value option). The fair value option may be elected on an instrument-by-instrument basis and is irrevocable, unless a new election date occurs. If the fair value option is elected for an instrument, unrealized gains and losses for that instrument should be reported in earnings at each subsequent reporting date. The Company did not elect to apply the fair value option to any outstanding instruments. |
Cash and Cash Equivalents | Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents. As of March 31, 2020 and December 31, 2019, the Company had no cash equivalents. |
Prepaid Expenses | Prepaid Expenses Prepaid expenses relate to cash paid in advance for annual listing fee and business license. These amounts are recognized as expense over the related listing and service periods. At March 31, 2020 and December 31, 2019, prepaid expenses amounted $13,137 and $4,299, respectively. |
Income Taxes | Income Taxes Deferred income tax assets and liabilities arise from temporary differences associated with differences between the financial statements and tax basis of assets and liabilities, as measured by the enacted tax rates, which are expected to be in effect when these differences reverse. Deferred tax assets and liabilities are classified as current or non-current, depending upon the classification of the assets or liabilities to which they relate. Deferred tax assets and liabilities not related to an asset or liability are classified as current or non-current depending on the periods in which the temporary differences are expected to reverse. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. The Company follows the provisions of Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740-10 "Uncertainty in Income Taxes" (ASC 740-10). Certain recognition thresholds must be met before a tax position is recognized in the financial statements. An entity may only recognize or continue to recognize tax positions that meet a "more-likely-than-not" threshold. As of March 31, 2020 and December 31, 2019, the Company does not believe it has any uncertain tax positions that would require either recognition or disclosure in the accompanying financial statements. |
Loss per Share Calculation | Loss per Share Calculation Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted earnings per shares is computed similar to basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive. During the three months ended March 31, 2020 and 2019, the Company had no dilutive financial instruments issued or outstanding. |
Recent Accounting Pronouncements | Recent Accounting Pronouncements Accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption. The Company does not discuss recent pronouncements that are not anticipated to have an impact on or are unrelated to its financial condition, results of operations, cash flows or disclosures. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 3 Months Ended |
Mar. 31, 2020 | |
Accounting Policies [Abstract] | |
Schedule of financial instruments current fair values | Description Level 1 Level 2 Level 3 Total Realized Loss March 31, 2020 - - - - December 31, 2019 - - - - |
Organization (Details)
Organization (Details) - USD ($) | Jun. 27, 2012 | Mar. 31, 2020 |
Organization (Textual) | ||
Sellers sold to purchasers an aggregate shares of common stock | 4,000,000 | |
Percentage of company common stock issued and outstanding | 93.00% | |
Total purchase price | $ 159,970 | $ 2,405 |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies (Details) - USD ($) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2020 | Dec. 31, 2019 | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Total Realized Loss | ||
Level 1 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Total Realized Loss | ||
Level 2 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Total Realized Loss | ||
Level 3 [Member] | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Total Realized Loss |
Summary of Significant Accoun_5
Summary of Significant Accounting Policies (Details Textual) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | Dec. 31, 2018 |
Summary of Significant Accounting Policies (Textual) | ||||
Cash equivalents | ||||
Prepaid expenses | $ 13,137 | $ 4,299 |
Going Concern (Details)
Going Concern (Details) - USD ($) | Mar. 31, 2020 | Dec. 31, 2019 | Mar. 31, 2019 | Dec. 31, 2018 |
Going Concern (Textual) | ||||
Cash | ||||
Working capital deficit | 288,586 | |||
Accumulated deficit | (540,662) | (523,872) | ||
Stockholders' deficit | $ (288,586) | $ (279,640) | $ (255,887) | $ (245,147) |
Related Party Transactions (Det
Related Party Transactions (Details) - USD ($) | 3 Months Ended | ||
Mar. 31, 2020 | Mar. 31, 2019 | Dec. 31, 2019 | |
Related Party Transactions (Textual) | |||
Working capital advances | $ 290,623 | $ 272,814 | |
Imputed interest | $ 5,439 | $ 4,724 | |
Common stock | 80,040 | ||
Common stock amount | $ 2,405 |
Stockholders_ Deficit (Details)
Stockholders’ Deficit (Details) | 1 Months Ended | ||
Jan. 22, 2020USD ($)Investor$ / sharesshares | Mar. 31, 2020$ / sharesshares | Dec. 31, 2019$ / sharesshares | |
Stockholders’ Deficit (Textual) | |||
Preferred stock, shares authorized | 5,000,000 | 5,000,000 | |
Preferred stock, par value | $ / shares | $ 0.001 | $ 0.001 | |
Preferred stock, shares issued | 0 | 0 | |
Preferred stock, shares outstanding | 0 | 0 | |
Common stock, shares authorized | 70,000,000 | 70,000,000 | |
Common stock, par value | $ / shares | $ 0.001 | $ 0.001 | |
Common stock, shares issued | 43,216,580 | 43,136,540 | |
Common stock, shares outstanding | 43,216,580 | 43,136,540 | |
Investors [Member] | |||
Stockholders’ Deficit (Textual) | |||
Number of sold shares of common stock | 80,040 | ||
Purchase price per share | $ / shares | $ 0.03 | ||
Proceeds received from sale of common stock | $ | $ 2,405 | ||
Number of investors | Investor | 7 |
Subsequent Events (Details)
Subsequent Events (Details) - USD ($) | Apr. 07, 2020 | Jun. 27, 2012 | Mar. 31, 2020 | Mar. 31, 2019 |
Subsequent Events (Textual) | ||||
Common stock sold to several | 4,000,000 | |||
Proceeds of common stock | $ 2,405 | |||
Subsequent Event [Member] | ||||
Subsequent Events (Textual) | ||||
Common stock sold to several | 2,500,000 | |||
Common stock at purchase price per share | $ 0.01 | |||
Proceeds of common stock | $ 25,000 |