Kun Peng International (KPEA) 10-Q 24 Jun 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2020	Jun. 24, 2020
Document and Entity Information [Abstract]
Entity Registrant Name	CX Network Group, Inc.
Entity Central Index Key	0001502557
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Document Type	10-Q
Document Period End Date	Mar. 31, 2020
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2020
Entity Small Business	true
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	333-169805
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		21,376,918
Entity Incorporation, State or Country Code	F4

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2020	Sep. 30, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 3,346	$ 5,858
Accounts receivable	250	453
Prepaid expenses	364	1,051
Security deposit		4,204
Other receivables	3,628	2,490
Total Current Assets	7,588	14,056
Property and equipment, net	8,736	14,380
Total Non-current Assets	8,736	14,380
Total Assets	16,324	28,436
CURRENT LIABILITIES:
Due to related parties	548,360	460,899
Accrued liabilities and other payables	104,063	91,528
Short-term loans	57,497	57,497
Total Current Liabilities	709,920	609,924
Total Liabilities	709,920	609,924
STOCKHOLDERS' DEFICIT:
Common stock, $.0001 par value, 40,000,000 shares authorized; 21,376,918 shares issued and outstanding at March 31, 2020 and September 30, 2019	2,138	2,138
Additional paid-in capital	1,743,629	1,743,629
Accumulated deficit	(2,413,078)	(2,301,435)
Accumulated other comprehensive loss	(26,285)	(25,820)
Total Stockholders' Deficit	(693,596)	(581,488)
Total Liabilities and Stockholders' Deficit	$ 16,324	$ 28,436

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2020	Sep. 30, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	21,376,918	21,376,918
Common stock, shares outstanding	21,376,918	21,376,918

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2020	Mar. 31, 2019
Income Statement [Abstract]
REVENUES	$ 26	$ 15,186	$ 4,172	$ 48,646
COST OF REVENUES	88	3,837	605	11,522
GROSS PROFIT (LOSS)	(62)	11,349	3,567	37,124
OPERATING EXPENSES:
General and administrative expenses	33,559	54,986	107,735	200,567
Research and development expenses	713	6	5,835	500
Total Operating Expenses	34,272	54,992	113,570	201,067
LOSS FROM OPERATIONS	(34,334)	(43,643)	(110,003)	(163,943)
OTHER INCOME (EXPENSES)	1,069	31,369	(1,640)	45,175
LOSS BEFORE INCOME TAXES	(33,265)	(12,274)	(111,643)	(118,768)
INCOME TAXES
NET LOSS	(33,265)	(12,274)	(111,643)	(118,768)
OTHER COMPREHENSIVE INCOME (LOSS):
Foreign currency translation adjustment	2,442	(2,930)	(465)	(2,697)
COMPREHENSIVE LOSS	$ (30,823)	$ (15,204)	$ (112,108)	$ (121,465)
NET LOSS PER COMMON SHARE:
Basic & Diluted	$ 0	$ 0	$ (0.01)	$ (0.01)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic & Diluted	21,376,918	21,376,918	21,376,918	21,343,951

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Deficit (Unaudited) - USD ($)	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	Total
Balance at Sep. 30, 2018	$ 2,122	$ 1,695,645	$ (2,094,690)	$ (30,179)	$ (427,102)
Balance, Shares at Sep. 30, 2018	21,216,918
Common stock issued for cash	$ 16	47,984			48,000
Common stock issued for cash, Shares	160,000
Net loss			(106,494)		(106,494)
Foreign currency translation adjustment				233	233
Balance at Dec. 31, 2018	$ 2,138	1,743,629	(2,201,184)	(29,946)	(485,363)
Balance, Shares at Dec. 31, 2018	21,376,918
Net loss			(12,274)		(12,274)
Foreign currency translation adjustment				(2,930)	(2,930)
Balance at Mar. 31, 2019	$ 2,138	1,743,629	(2,213,458)	(32,876)	(500,567)
Balance, Shares at Mar. 31, 2019	21,376,918
Balance at Sep. 30, 2019	$ 2,138	1,743,629	(2,301,435)	(25,820)	(581,488)
Balance, Shares at Sep. 30, 2019	21,376,918
Net loss			(78,378)		(78,378)
Foreign currency translation adjustment				(2,907)	(2,907)
Balance at Dec. 31, 2019	$ 2,138	1,743,629	(2,379,813)	(28,727)	(662,773)
Balance, Shares at Dec. 31, 2019	21,376,918
Net loss			(33,265)		(33,265)
Foreign currency translation adjustment				2,442	2,442
Balance at Mar. 31, 2020	$ 2,138	$ 1,743,629	$ (2,413,078)	$ (26,285)	$ (693,596)
Balance, Shares at Mar. 31, 2020	21,376,918

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (111,643)	$ (118,768)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense	5,805	11,407
Operating lease expense	4,879
Changes in operating assets and liabilities:
Accounts receivable	209	1,627
Prepaid expenses	80	(4,975)
Other receivables	(1,135)	(451)
Security deposit	2,139
Operating lease liability	(2,130)
Accrued liabilities and other payables	15,526	(6,746)
NET CASH FLOWS USED IN OPERATING ACTIVITIES	(86,270)	(117,906)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments to related party	(2,995)	(21,454)
Proceeds from related parties	86,716	106,284
Proceeds from stock issuance		48,000
NET CASH PROVIDED BY FINANCING ACTIVITIES	83,721	132,830
EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	37	601
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(2,512)	15,525
CASH AND CASH EQUIVALENTS - beginning of period	5,858	21,941
CASH AND CASH EQUIVALENTS - end of period	3,346	37,466
Cash paid for:
Interest
Income taxes
Non-cash financing and investing activities:
Expenses paid by related party on behalf of the Company	3,065	4,058
Derecognition of operating lease right-of-use asset and liability	$ 10,566

Organization and Going Concern

Organization and Going Concern	6 Months Ended
	Mar. 31, 2020
Organization and Going Concern [Abstract]
ORGANIZATION AND GOING CONCERN	NOTE 1 – ORGANIZATION AND GOING CONCERN ORGANIZATION The Company was incorporated in the State of Florida on September 3, 2010 under the name of "mLight Tech, Inc." ("MLGT"). On July 11, 2017, MLGT merged with and into CX Network Group, Inc. ("CXKJ"), a Nevada corporation, with CXKJ as the surviving corporation that operates under the name "CX Network Group, Inc." (the "Name Change"), pursuant to an agreement and plan of merger (the "Merger Agreement") dated July 3, 2017. Pursuant to the Merger Agreement, immediately after the effective time of the Merger, the Company's corporate existence is governed by the laws of the State of Nevada and the Articles of Incorporation and bylaws of CXKJ (the "Domicile Change"), and each outstanding share of MLGT's common stock, par value $0.0001 per share was converted into 0.0667 outstanding share of common stock of CXKJ, par value $0.0001 per share at a one-for-fifteen reverse split ratio (the "Reverse Stock Split") which resulted in reclassification of capital from par value to capital in excess of par value. Immediately prior to the effectiveness of the reverse stock split, we had 217,300,000 shares of common stock of MLGT issued and outstanding. Immediately upon the effectiveness of the reverse stock split, we had 14,486,670 shares of common stock of CXKJ issued and outstanding. The Name Change, Domicile Change, and Reverse Stock Split went effective on June 12, 2017. Subsequently, the Company's trading symbol for its common stock was changed to "CXKJ". On March 20, 2018, CXKJ entered into a share exchange agreement (the "Share Exchange") with Chuangxiang Holdings Inc. ("CX Cayman"). Under the Share Exchange, CX Network Group, Inc. issued an aggregate of 5,350,000 shares of common stock, par value $0.0001 per share to the shareholders of CX Cayman in exchange for 100% of the issued and outstanding equity securities of CX Cayman. The Share Exchange was closed on March 20, 2018. As a result of the Share Exchange, CX Cayman became the Company's wholly-owned subsidiary. CX Cayman was incorporated on February 4, 2016 under the laws of Cayman Islands. Chuangxiang (Hong Kong) Holdings Limited ("CX HK") was incorporated on February 23, 2016 and became CX Cayman's wholly owned subsidiary on December 1, 2016. CX HK operates through its subsidiary, Shenzhen Chuangxiang Network Technology (Shenzhen) Limited ("CX Network"). CX Network was incorporated by CX HK on April 12, 2016 under the laws of People's Republic of China ("PRC") as a wholly foreign owned enterprise. Shenzhen Chuangxiang Network Technology Limited ("Shenzhen CX") is a limited liability company formed under the laws of PRC on August 14, 2015. Shenzhen CX became a variable interest entity ("VIE") of CX Network through a series of contractual arrangements entered into on April 20, 2017. CX Network controls Shenzhen CX through agreements and arrangements that absorbs operating risk, as if Shenzhen CX is a wholly owned subsidiary of CX Network. Shenzhen CX is engaged in the business of developing and operating membership-based social network, dating and mobile gaming, and interactive live broadcast platforms. The transaction has been treated as a recapitalization of CX Cayman and its subsidiaries, with CXKJ (the legal acquirer of CX Cayman and its subsidiaries) considered the accounting acquiree, and CX Cayman (the legal acquiree) considered the accounting acquirer. Accordingly, CX Cayman's assets, liabilities and results of operations will become the historical financial statements of the registrant, and CXKJ's assets, liabilities and results of operations will be consolidated with CX Cayman effective as of the date of the closing of the Share Exchange (March 20, 2018). The Company did not recognize goodwill or any intangible assets in connection with the transaction. All costs related to the transaction are being charged to operations as incurred. CX Cayman received cash of $145 and assumed $249,966 liabilities upon execution of the Share Exchange. The 5,350,000 shares of common stock issued in conjunction with the Share Exchange have been presented as outstanding for all periods. As used in this report, unless otherwise indicated, the terms "we" and "us" refer to CX Network Group, Inc., a Nevada corporation (previously known as "mLight Tech, Inc.", a Florida corporation,), its owned subsidiaries CX Cayman, CX HK, CX Network and Shenzhen CX, which is controlled by us via various contracts. The accompanying unaudited consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The consolidated financial statements include the accounts of CXKJ, its wholly owned subsidiaries, CX Cayman, CX HK, CX Network, and its VIE, Shenzhen CX. All intercompany transactions and balances have been eliminated in the consolidation. Certain information and footnote disclosures normally included in financial statements prepared in conjunction with U.S. GAAP have been condensed or omitted as permitted by the rules and regulations of the United States Securities and Exchange Commission ("SEC"). In the opinion of management, the accompanying unaudited consolidated financial statements reflect all adjustments, consisting of normal recurring adjustments, considered necessary for a fair presentation. Interim operating results for the six months ended March 31, 2020 are not necessarily indicative of the results that may be expected for the fiscal year ending September 30, 2020, or for any subsequent period. These interim consolidated financial statements should be read in conjunction with the Company's audited consolidated financial statements and notes thereto for the year ended September 30, 2019 included in the Form 10-K filed with the SEC on December 30, 2019. Going Concern In assessing the Company's liquidity, the Company monitors and analyzes its cash and cash equivalents and its operating and capital expenditure commitments. The Company's liquidity needs are to meet its working capital requirements, operating expenses and capital expenditure obligations. As of March 31, 2020, the Company's current liabilities exceeded the current assets, its accumulated deficit was approximately $2,413,000 and the Company has incurred losses since inception. None of the Company's stockholders, officers or directors, or third parties, are under any obligation to advance us funds, or to invest in the Company. Accordingly, the Company may not be able to obtain additional financing. If the Company is unable to raise additional capital, the Company may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of our business plan, and reducing overhead expenses. Currently, the Company plans to develop E-commerce business in the app of Little Love to increase revenues to meet its future cash flow requirements. However, the Company cannot provide any assurance on the successful development of the Company's contemplated plan of operations or the financing that will be available to us on commercially acceptable terms, if at all. In addition, starting in January 2020, the COVID-19 pandemic surfaced in China has significantly affected the Company's operation. The Company suspended its operation in early February 2020 due to government mandates, and resumed to work by the end of February. However, the operation and business were still adversely impacted by the COVID-19 pandemic as of the filing date. These conditions raise substantial doubt about our ability to continue as a going concern. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The extent to which the COVID-19 pandemic may directly or indirectly impact our business, financial condition, and results of operations is highly uncertain and subject to change. Actual results could differ from those estimates. Recently adopted accounting pronouncements On October 1, 2019, the Company adopted Accounting Standards Update (ASU) 2016-02, Leases (as amended by ASU 2017-13, 2018-01, 2018-10 & 11, 2018-20, and 2019-01, collectively ASC Topic 842), using the modified retrospective method. The Company elected the transition method which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. As a result of electing this transition method, previously reported financial information has not been restated to reflect the application of the new standard to the comparative periods presented. The Company elected the package of practical expedients permitted under the transition guidance within ASC 842, which among other things, allows the Company to carry forward certain historical conclusions reached under ASC Topic 840 regarding lease identification, classification, and the accounting treatment of initial direct costs. The Company elected not to record assets and liabilities on its consolidated balance sheet for new or existing lease arrangements with terms of 12 months or less. The Company recognizes lease expenses for such lease on a straight-line basis over the lease term. The primary impact of applying ASC Topic 842 is the initial recognition of approximately $15,000 of lease liability and right-of-use asset on the Company's consolidated balance sheet as of October 1, 2019, for lease classified as operating lease under ASC Topic 840, as well as enhanced disclosure of the Company's leasing arrangement. There is no cumulative effect to accumulated deficit or other components of equity recognized as of October 1, 2019 and the adoption of this standard did not impact the consolidated statement of operations and comprehensive loss. The Company does not have finance lease arrangements as of March 31, 2020. See Note 8 for further discussion.

Accounts Receivable

Accounts Receivable	6 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
ACCOUNTS RECEIVABLE	NOTE 3 – ACCOUNTS RECEIVABLE At March 31, 2020 and September 30, 2019, accounts receivable consisted of the following: March 31, September 30, Accounts receivable $ 250 $ 453 Allowance for doubtful accounts - - $ 250 $ 453

Property and Equipment, Net

Property and Equipment, Net	6 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT, NET	NOTE 4 – PROPERTY AND EQUIPMENT, NET At March 31, 2020 and September 30, 2019, property and equipment consisted of the following: March 31, September 30, Office equipment $ 29,827 $ 29,625 Furniture and fixtures 17,617 17,497 Sub-total 47,444 47,122 Less: accumulated depreciation (38,708 ) (32,742 ) Property and equipment, net $ 8,736 $ 14,380 For the six months ended March 31, 2020 and 2019, depreciation expense amounted to $5,805 and $11,407, respectively, which is included in general and administrative expenses, research and development expenses and cost of revenues.

Short-Term Loans

Short-Term Loans	6 Months Ended
	Mar. 31, 2020
Debt Disclosure [Abstract]
SHORT-TERM LOANS	NOTE 5 – SHORT-TERM LOANS As of March 31, 2020 and September 30, 2019, the balance of the short-term loans was $57,497. The amount represents loans borrowed from an individual and a company that are unsecured, no interest bearing and due on demand.

Income Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 6 – INCOME TAXES The Company accounts for income taxes pursuant to the accounting standards that requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and the tax basis of assets and liabilities, and for the expected future tax benefit to be derived from tax losses and tax credit carryforwards. Additionally, the accounting standards require the establishment of a valuation allowance to reflect the likelihood of realization of deferred tax assets. The Company and its subsidiaries file separate income tax returns. United States CXKJ is incorporated in the State of Nevada and is subject to the United States federal income tax. No provision for income taxes in the U.S. has been made as the Company has no U.S. taxable income for the six months ended March 31, 2020 and 2019. Cayman Islands CX Cayman is incorporated in the Cayman Islands. Under the current laws of the Cayman Islands, CX Cayman is not subject to tax on income or capital gains. In addition, upon payments of dividends by CX Cayman, no Cayman Islands withholding tax is imposed. Hong Kong CX HK is incorporated in Hong Kong and Hong Kong’s profits tax rate is 8.25% for the first $0.26 million (HK$2 million), the excess part will be taxed at 16.5%. CX HK did not earn any income that was derived in Hong Kong for the six months ended March 31, 2020 and 2019 and therefore, CX HK was not subject to Hong Kong profits tax for the periods reported. PRC The PRC’s statutory income tax rate is 25%. The Company’s subsidiary and VIE registered in PRC are subject to income tax rate of 25%, unless otherwise specified. CX Network did not generate taxable income in the PRC for the six months ended March 31, 2020 and 2019. Management estimated that CX Network will not generate any taxable income in the future. Shenzhen CX was incorporated in the PRC. For the six months ended March 31, 2020 and 2019, Shenzhen CX incurred net operating losses and no provision for income taxes has been recorded. In addition, a full valuation allowance has been provided against Shenzhen CX’s deferred income tax assets due to the uncertainty of the realization of any tax assets.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 7 – RELATED PARTY TRANSACTIONS The related parties consist of the following: Name of Related Party Nature of Relationship Jiyin Li Chairman Huibin Su Chief Executive Officer and Chief Financial Officer Chaoran Zhang Significant Shareholder of Shenzhen CX Zizhong Huang Chief Operating Officer Due to related parties Due to related parties consist of the following: March 31, September 30, Jiyin Li $ 1,279 $ 1,279 Huibin Su 532,972 445,607 Chaoran Zhang 14,109 14,013 Total $ 548,360 $ 460,899 The balance of due to related parties represents expense paid by related parties on behalf of the Company and the loans the Company obtained from related parties for working capital purpose. The loans owed to the related parties are interest free, unsecured and repayable on demand. During the six months ended March 31, 2020 and 2019, the Company obtained loans from the above related parties in the amount of $86,716 and $106,284, respectively, and made repayments to them in the amount of $2,995 and $21,454, respectively. During the six months ended March 31, 2020 and 2019, Huibin Su paid expenses on behalf of the Company in the amount of $3,065 and $4,058, respectively. In addition, during the six months ended March 31, 2020 and 2019, Dongguan FirstWisdom Listing Services Co., Ltd, a company controlled by Chaoran Zhang and Huibin Su, was allowed to share the office space leased by Shenzhen CX at no cost. During the six months ended March 31, 2020 and 2019, friends of Huibin Su provided office spaces to CX HK and Shenzhen CX free of charge. Yi Zhang, a friend of Huibin Su, also provided non-compensated accounting services to the Company during the six months ended March 31, 2020 and 2019.

Operating Lease

Operating Lease	6 Months Ended
	Mar. 31, 2020
Operating Lease [Abstract]
OPERATING LEASE	NOTE 8 – OPERATING LEASE On May 10, 2018, the Company entered into a lease agreement for its office with a monthly rent of RMB15,000 (approximately $2,130) and a term of two years. Effective October 1, 2019, the Company initially recognized operating lease liability of $14,714 and corresponding right-of-use asset of $15,332 based on the present value of the remaining minimum rental payments under current lease standards for existing operating lease. The discount rate utilized in such present value calculation was 4.80% based on an estimate of the Company's incremental borrowing rate. In December 2019, the Company has terminated the lease. During the six months ended March 31, 2020, the Company had operating lease expense of $4,879, and cash paid for amounts included in the measurement of operating lease liability is $2,130. Operating lease right-of-use asset and operating lease liability in the amount of $10,566 has been extinguished due to the lease termination in December 2019. The loss related to termination was $2,130 which is included in other income (expenses). As of March 31, 2020, there is no operating lease right-of-use asset and operating lease liability in the consolidated balance sheet.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The extent to which the COVID-19 pandemic may directly or indirectly impact our business, financial condition, and results of operations is highly uncertain and subject to change. Actual results could differ from those estimates.
Recently adopted accounting pronouncements	Recently adopted accounting pronouncements On October 1, 2019, the Company adopted Accounting Standards Update (ASU) 2016-02, Leases (as amended by ASU 2017-13, 2018-01, 2018-10 & 11, 2018-20, and 2019-01, collectively ASC Topic 842), using the modified retrospective method. The Company elected the transition method which allows entities to initially apply the requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. As a result of electing this transition method, previously reported financial information has not been restated to reflect the application of the new standard to the comparative periods presented. The Company elected the package of practical expedients permitted under the transition guidance within ASC 842, which among other things, allows the Company to carry forward certain historical conclusions reached under ASC Topic 840 regarding lease identification, classification, and the accounting treatment of initial direct costs. The Company elected not to record assets and liabilities on its consolidated balance sheet for new or existing lease arrangements with terms of 12 months or less. The Company recognizes lease expenses for such lease on a straight-line basis over the lease term. The primary impact of applying ASC Topic 842 is the initial recognition of approximately $15,000 of lease liability and right-of-use asset on the Company's consolidated balance sheet as of October 1, 2019, for lease classified as operating lease under ASC Topic 840, as well as enhanced disclosure of the Company's leasing arrangement. There is no cumulative effect to accumulated deficit or other components of equity recognized as of October 1, 2019 and the adoption of this standard did not impact the consolidated statement of operations and comprehensive loss. The Company does not have finance lease arrangements as of March 31, 2020. See Note 8 for further discussion.

Accounts Receivable (Tables)

Accounts Receivable (Tables)	6 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
Schedule of accounts receivable	March 31, September 30, Accounts receivable $ 250 $ 453 Allowance for doubtful accounts - - $ 250 $ 453

Property and Equipment, Net (Ta

Property and Equipment, Net (Tables)	6 Months Ended
	Mar. 31, 2020
Property, Plant and Equipment [Abstract]
Schedule of property and equipment	March 31, September 30, Office equipment $ 29,827 $ 29,625 Furniture and fixtures 17,617 17,497 Sub-total 47,444 47,122 Less: accumulated depreciation (38,708 ) (32,742 ) Property and equipment, net $ 8,736 $ 14,380

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
Schedule of related parties	Name of Related Party Nature of Relationship Jiyin Li Chairman Huibin Su Chief Executive Officer and Chief Financial Officer Chaoran Zhang Significant Shareholder of Shenzhen CX Zizhong Huang Chief Operating Officer
Schedule of due to related parties	March 31, September 30, Jiyin Li $ 1,279 $ 1,279 Huibin Su 532,972 445,607 Chaoran Zhang 14,109 14,013 Total $ 548,360 $ 460,899

Organization and Going Concern

Organization and Going Concern (Details) - USD ($)	1 Months Ended	6 Months Ended
	Mar. 20, 2018	Mar. 31, 2020	Sep. 30, 2019
Organization and Going Concern (Textual)
Accumulated deficit		$ (2,413,078)	$ (2,301,435)
CX Network Group, Inc., [Member]
Organization and Going Concern (Textual)
Description of merger	Under the Share Exchange, CX Network Group, Inc. issued an aggregate of 5,350,000 shares of common stock, par value $0.0001 per share to the shareholders of CX Cayman in exchange for 100% of the issued and outstanding equity securities of CX Cayman.
CX [Member]
Organization and Going Concern (Textual)
Description of merger		The Merger Agreement, immediately after the effective time of the Merger, the Company’s corporate existence is governed by the laws of the State of Nevada and the Articles of Incorporation and bylaws of CXKJ (the “Domicile Change”), and each outstanding share of MLGT’s common stock, par value $0.0001 per share was converted into 0.0667 outstanding share of common stock of CXKJ, par value $0.0001 per share at a one-for-fifteen reverse split ratio (the “Reverse Stock Split”) which resulted in reclassification of capital from par value to capital in excess of par value. Immediately prior to the effectiveness of the reverse stock split, we had 217,300,000 shares of common stock of MLGT issued and outstanding. Immediately upon the effectiveness of the reverse stock split, we had 14,486,670 shares of common stock of CXKJ issued and outstanding.
CX Cayman [Member]
Organization and Going Concern (Textual)
Cash received		$ 145
Assumed liabilities		$ 249,966
Shares of common stock issued in conjunction with the share exchange		5,350,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	Oct. 02, 2019USD ($)
Summary of Significant Accounting Policies (Textual)
Lease Liability	$ 15,000

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($)	Mar. 31, 2020	Sep. 30, 2019
Receivables [Abstract]
Accounts receivable	$ 250	$ 453
Allowance for doubtful accounts
Accounts receivable, net	$ 250	$ 453

Property and Equipment, Net (De

Property and Equipment, Net (Details) - USD ($)	Mar. 31, 2020	Sep. 30, 2019
Sub-total	$ 47,444	$ 47,122
Less: accumulated depreciation	(38,708)	(32,742)
Property and equipment, net	8,736	14,380
Office equipment {Member]
Sub-total	29,827	29,625
Furniture and fixtures [Member]
Sub-total	$ 17,617	$ 17,497

Property and Equipment, Net (_2

Property and Equipment, Net (Details Textual) - USD ($)	6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Property and Equipment, Net (Textual)
Depreciation expense	$ 5,805	$ 11,407

Short-Term Loans (Details)

Short-Term Loans (Details) - USD ($)	Mar. 31, 2020	Sep. 30, 2019
Short-Term Loans (Textual)
Short-term loans	$ 57,497	$ 57,497
Interest bearing and due on demand

Income Taxes (Details)

Income Taxes (Details)	6 Months Ended
	Mar. 31, 2020USD ($)	Mar. 31, 2020HKD ($)
Income Taxes (Textual)
Amount of profits tax rate	$ 260,000
Hong Kong [Member]
Income Taxes (Textual)
Percentage of statutory income tax rate	8.25%	8.25%
Profits tax rate, percentage	16.50%	16.50%
Amount of profits tax rate		$ 2,000,000
PRC [Member]
Income Taxes (Textual)
Percentage of statutory income tax rate	25.00%	25.00%
PRC [Member] | VIE [Member]
Income Taxes (Textual)
Percentage of statutory income tax rate	25.00%	25.00%

Related Party Transactions (Det

Related Party Transactions (Details)	6 Months Ended
	Mar. 31, 2020
Jiyin Li [Member]
Nature of Relationship	Chairman
Huibin Su [Member]
Nature of Relationship	Chief Executive Officer and Chief Financial Officer
Chaoran Zhang [Member]
Nature of Relationship	Significant Shareholder of Shenzhen CX
Zizhong Huang [Member]
Nature of Relationship	Chief Operating Officer

Related Party Transactions (D_2

Related Party Transactions (Details 1) - USD ($)	Mar. 31, 2020	Sep. 30, 2019
Due to related parties, Total	$ 548,360	$ 460,899
Jiyin Li [Member]
Due to related parties, Total	1,279	1,279
Huibin Su [Member]
Due to related parties, Total	532,972	445,607
Chaoran Zhang [Member]
Due to related parties, Total	$ 14,109	$ 14,013

Related Party Transactions (D_3

Related Party Transactions (Details Textual) - USD ($)	6 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Related Party Transactions (Textual)
Proceeds from related parties	$ 86,716	$ 106,284
Repayment of related party loan	2,995	21,454
Expenses paid by related party on behalf of the Company	3,065	4,058
Huibin Su [Member]
Related Party Transactions (Textual)
Expenses paid by related party on behalf of the Company	$ 3,065	$ 4,058

Operating Lease (Details)

Operating Lease (Details)	May 10, 2018USD ($)	May 10, 2018CNY (¥)	Mar. 31, 2020USD ($)	Mar. 31, 2019USD ($)	Oct. 31, 2019USD ($)
Operating Lease (Textual)
Monthly rent	$ 2,130
Operating lease term	2 years	2 years
Operating lease discount rate	4.80%	4.80%
Operating lease expense			$ 4,879
Operating lease liability			2,130		$ 14,714
Operating lease right-of-use asset					$ 15,332
Termination of operating lease			10,566
Termination Loss			$ 2,130
RMB [Member]
Operating Lease (Textual)
Monthly rent | ¥		¥ 15,000