Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2018 | Jan. 29, 2019 | |
Document And Entity Information [Abstract] | ||
Entity Registrant Name | Medico International Inc. | |
Entity Central Index Key | 1,658,432 | |
Trading Symbol | mddt | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Non-accelerated Filer | |
Entity Common Stock, Shares Outstanding | 3,697,000 | |
Document Type | 10-Q | |
Document Period End Date | Jun. 30, 2018 | |
Entity Emerging Growth Company | true | |
Entity Ex Transition Period | false | |
Entity Small Business | true | |
Amendment Flag | false | |
Document Fiscal Year Focus | 2,018 | |
Document Fiscal Period Focus | Q2 | |
Entity Current Reporting Status? | Yes |
BALANCE SHEETS
BALANCE SHEETS - USD ($) | Jun. 30, 2018 | Dec. 31, 2017 |
Current Assets | ||
Cash and cash equivalents | ||
Total Current Assets | ||
TOTAL ASSETS | ||
Current Liabilities | ||
Accounts payable | 38,860 | 34,882 |
Due to related parties | 430,062 | 424,812 |
Total Current Liabilities | 468,922 | 459,694 |
TOTAL LIABILITIES | 468,922 | 459,694 |
COMMITMENTS AND CONTINGENCIES (NOTE 6) | ||
STOCKHOLDERS' DEFICIT | ||
Common stock, $0.001 par value; 500,000,000 shares authorized, 3,697,000 shares issued and outstanding | 3,697 | 3,697 |
Additional paid-in capital | 867,424 | 867,424 |
Accumulated deficit | (1,340,043) | (1,330,815) |
TOTAL STOCKHOLDERS' DEFICIT | (468,922) | (459,694) |
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT |
BALANCE SHEETS (Parenthetical)
BALANCE SHEETS (Parenthetical) - $ / shares | Jun. 30, 2018 | Dec. 31, 2017 |
STOCKHOLDERS' DEFICIT | ||
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 3,697,000 | 3,697,000 |
Common stock, shares, outstanding | 3,697,000 | 3,697,000 |
STATEMENTS OF OPERATIONS (Unaud
STATEMENTS OF OPERATIONS (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Statements Of Operations | ||||
REVENUE | ||||
OPERATING EXPENSES | ||||
General and administrative | 147 | 183 | 346 | 2,830 |
Professional fees | 5,174 | 22,211 | 8,882 | 28,305 |
Total Operating Expenses | 5,321 | 22,394 | 9,228 | 31,135 |
LOSS BEFORE INCOME TAXES | (5,321) | (22,394) | (9,228) | (31,135) |
Provision for income taxes | ||||
LOSS FROM CONTINUING OPERATION | (5,321) | (22,394) | (9,228) | (31,135) |
DISCONTINUED OPERATIONS | ||||
Gain (loss) from discontinued operations | 89,986 | (18,717) | ||
Loss on disposal of subsidiaries | (77,438) | (77,438) | ||
GAIN (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX BENEFITS | 12,548 | (96,155) | ||
NET LOSS | $ (5,321) | $ (9,846) | $ (9,228) | $ (127,290) |
Basic and Diluted Loss per Common Share | $ 0 | $ 0 | $ 0 | $ (0.03) |
Basic and Diluted Weighted Average Common Shares Outstanding | 3,697,000 | 3,000,000 | 3,697,000 | 3,697,000 |
STATEMENTS OF CASH FLOWS (Unaud
STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) | 6 Months Ended | |
Jun. 30, 2018 | Jun. 30, 2017 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net loss from continuing operations | $ (9,228) | $ (31,135) |
Net loss from discontinuing operations | (96,155) | |
Adjustments to reconcile net loss to net cash from operating activities: | ||
Loss on disposal of subsidiaries | 77,438 | |
Changes in operating assets and liabilities: | ||
Prepaid expenses and deposits | 250 | |
Accounts payable | 3,978 | 20,497 |
Changes in operating assets and liabilities of discontinued operations | 18,716 | |
Net cash used in operating activities | (5,250) | (10,389) |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Loans from related parties | 5,250 | 10,389 |
Net cash provided by financing activities | 5,250 | 10,389 |
Net change in cash and cash equivalents | ||
Cash and cash equivalents - beginning of period | ||
Cash and cash equivalents - end of period | ||
Supplemental Cash Flow Disclosures | ||
Cash paid for interest | ||
Cash paid for income taxes |
Nature of Operations
Nature of Operations | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 1 - Nature of Operations | Medico International Inc. (the “Company” or “Medico”), a Nevada corporation, was formed by the owners and principals of Smile More Holdings Pte. Ltd., a Singaporean corporation (“Smile Central”), for the purpose of acting as the holding company for Smile Central and penetrating the U.S. financial markets. Smile Central owns six (6) dental clinics operating in Singapore. Smile Central’s operations were launched in January 2014 with three (3) clinics and in 2015, an additional two (2) clinics were opened. In 2016, one (1) additional dental clinic was opened. Smile Central plans to continue to expand its operations and create additional clinics in Singapore. On September 19, 2015, the Company issued a total of 3,000,000 shares of common stock pursuant to the Share Exchange Agreement entered into among Medico, Eminent Healthcare Pte. Ltd. and Multi Care Pte. Ltd. Pursuant to the Share Exchange Agreement, the Company agreed to issue 3,000,000 shares of its common stock in exchange for all of the issued and outstanding shares of capital stock of Smile Central, 30% of which was owned by Eminent Healthcare Pte. Ltd. and 70% of which was owned by Multi Care Pte. Ltd. The Company’s CFO, Liew Min Hin, owns 100% of Eminent Healthcare Pte. Ltd. The shares were issued pursuant to Section 4(2) of the Securities Act of 1993 On June 5, 2017, the Company sold all of the issued and outstanding ordinary shares of the Company’s 100% wholly-owned subsidiary, Smile More Holdings Pte. Ltd., a Singaporean corporation. The Company is currently reviewing and revising its future business plans. To date, the Company has not yet solidified its future business plans. Financial Statements Presented The accompanying unaudited financial statements have been prepared in accordance with generally accepted accounting principles (“U.S. GAAP”) for interim financial information and with the instructions for Form 10-Q and Article 210 8-03 of Regulation S-X. 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 considered necessary for a fair presentation have been included. All such adjustments are of a normal recurring nature. Operating results for the six months ended June 30, 2018, are not necessarily indicative of the results that may be expected for the fiscal year ending December 31, 2018. For further information, refer to the financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017 as filed with the Securities and Exchange Commission on January 14, 2019. Certain reclassifications have been made to the prior period’s financial statements to conform to the current period’s presentation. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 2 - Summary of Significant Accounting Policies | Basis of Presentation The financial statements have been prepared in accordance with U.S. GAAP on the accrual basis of accounting. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP require 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 balance sheet and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. Fair Value of Financial Instruments Estimates The Company’s financial instruments including, accounts payable and due to related parties are carried at cost, which approximates fair value due to the short-term maturity of these instruments. Concentrations of Credit Risk Financial instruments that potentially subject the Company to a significant concentration of credit risk include cash. At times, the Company maintains deposits in federally insured financial institutions in excess of federally insured limits. Management monitors the credit rating and concentration of risk with these financial institutions on a continuing basis to mitigate risk. Taxes Collected and Remitted to Governmental Authorities The Company reports taxes collected from customers, which are primarily goods and service tax, on a net basis. Revenue Recognition The Company recognizes revenue in accordance with Accounting Standards Update No. 2014-09, “ Revenue from Contracts with Customers ¨ 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. Income Taxes Current income tax liabilities for current and prior years are recognized at the amounts expected to be paid to the tax authorities, using the tax rates (and tax laws) that have been enacted or substantially enacted by the balance sheet date. Deferred income tax assets/liabilities are recognized for all deductible/taxable temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements except when the deferred income tax assets/liabilities arise from the initial recognition of an asset or liability in a transaction that is not a business combination and at the time of the transaction, affects neither accounting nor taxable profit or loss. Deferred income tax assets are recognized to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized. Deferred income tax assets and liabilities are measured at: (i) the tax rates that are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled, based on tax rates (and tax laws) that have been enacted or substantially enacted by the balance sheet date; and (ii) the tax consequence that would follow from the manner in which the Company expects, at the balance sheet date, to recover or settle the carrying amounts of its assets and liabilities. Current and deferred income taxes are recognized as income or expenses in the statements of operations. Recently Adopted Accounting Standards In August 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-15, “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In November 2016, the FASB issued ASU 2016-18, “ Statement of Cash Flows (Topic 230): Restricted Cash. Recent accounting pronouncements In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “ Leases Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements. |
Going Concern
Going Concern | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 3 - Going Concern | These financial statements have been prepared on a going concern basis which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the foreseeable future. As of June 30, 2018, the Company has an accumulated deficit of $1,340,043 since inception and has a working capital deficiency of $468,922. Management's plans include raising capital through the equity markets to fund operations and eventually, generating profit through its business; however, there can be no assurance that the Company will be successful in such activities. These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classifications of the liabilities that might be necessary should the Company be unable to continue as a going concern. |
Disposal of Subsidiaries
Disposal of Subsidiaries | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 4 - Disposal of Subsidiaries | On June 5, 2017, the Company closed the transactions under the Share Exchange Agreement (“ Share Exchange Agreement”) by and between the Company, Eminent Healthcare Pte. Ltd., a Singaporean corporation, Multi Care Pte. Ltd., a Singaporean corporation, and Targeted Solutions Global Limited, a United Kingdom Private limited company, for the sale of all of the issued and outstanding ordinary shares of the Company’s 100% wholly-owned subsidiary, Smile More Holdings Pte. Ltd., a Singaporean corporation (the “Stock Purchase”). Prior to the closing of the Stock Purchase, Eminent Healthcare Pte. Ltd. and Multi Care Pte. Ltd. were the Company’s majority shareholders. Liew Min Hin, the Company’s former Chief Financial Officer and former member of the Board of Directors, owns 100% of Eminent Healthcare Pte. Ltd., and is the father of Dr. Daniel Liew, the Company’s former Chief Executive Officer and former member of the Board of Directors. Pursuant to the share exchange agreement, the Company transferred all of the subsidiary shares to the purchaser and released the Subsidiary from the intra-Company loan of $965,866. During the six months ended June 30, 2018, the Company recorded a loss on disposal of $0. The Company has no continuing involvement in the operations of Smile More Holdings. The disposal of Smile More Holdings qualified as a discontinued operation of the Company and accordingly, the Company has excluded results of Smile More Holdings’ operations from its Statements of Operations to present this business in discontinued operations. The following table shows the results of operations of Smile More Holdings for the three months ended June 30, 2018 and 2017 which are included in the loss from discontinued operations: Three Months Ended June 30, 2018 2017 Dental Service Revenue, net $ - $ 1,330,804 Cost of Services - 864,375 Gross profit - 466,429 General and administrative - 107,197 Professional fees - 1,894 Rental - 219,162 Staff costs - 135,270 Depreciation - 36,883 Operating loss - (33,977 ) Other income - 131,026 Interest expense - (5,747 ) Income tax benefit - (1,316 ) Gain from discontinued operations, net of tax $ - $ 89,986 The following table shows the results of operations of Smile More Holdings for the six months ended June 30, 2018 and 2017 which are included in the loss from discontinued operations: Six Months Ended June 30, 2018 2017 Dental Service Revenue, net $ - $ 3,065,719 Cost of Services - 2,057,063 Gross profit - 1,008,656 General and administrative - 259,937 Professional fees - 28,154 Rental - 429,677 Staff costs - 334,347 Depreciation - 94,294 Operating loss - (137,753 ) Other income - 132,250 Interest expense - (14,530 ) Income tax benefit - 1,316 Loss from discontinued operations, net of tax $ - $ (18,717 ) The following table shows the carrying amounts of the major classes of assets and liabilities associated with Smile More Holdings as of the June 5, 2017. June 5, 2017 Cash and cash equivalents $ 359,066 Accounts receivable 1,175,394 Prepaid expenses and deposits 247,086 Supplies 100,177 Property and equipment, net 887,360 Accounts payable (1,168,613 ) Accrued and other payables (122,958 ) Due to related parties (597,259 ) Loans payable (565,938 ) Capital lease obligations (168,996 ) Net assets and liabilities 145,319 Accumulated other comprehensive loss (67,881 ) Loss on disposal $ 77,438 |
Related Party Transactions
Related Party Transactions | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 5 - Related Party Transactions | In support of the Company's efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by shareholders or directors. Amounts represent advances or amounts paid in satisfaction of liabilities. The advances were considered temporary in nature and were not formalized by a promissory note. During the six months ended June 30, 2018, the Company received a net amount of $5,250 as advances and loans from various officers for the operating expenses of the Company. As of June 30, 2018 and December 31, 2017, the Company was obligated to its officers for unsecured, non-interest bearing demand loans with balances totaling $430,062 and $424,812, respectively. |
Commitments and Contingencies
Commitments and Contingencies | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 6 - Commitments and Contingencies | During the normal course of business, the Company may be exposed to litigation. When the Company becomes aware of potential litigation, it evaluates the merits of the case in accordance with FASB 450-20-50, Contingencies. |
Subsequent Events
Subsequent Events | 6 Months Ended |
Jun. 30, 2018 | |
Notes to Financial Statements | |
Note 7 - Subsequent Events | Management has evaluated subsequent events through the date these financial statements were available to be issued. Based on our evaluation no other material events have occurred that require disclosure. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
Jun. 30, 2018 | |
Summary Of Significant Accounting Policies | |
Basis of Presentation | The financial statements have been prepared in accordance with U.S. GAAP on the accrual basis of accounting. |
Use of Estimates | The preparation of financial statements in conformity with U.S. GAAP require 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 balance sheet and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates. |
Fair Value of Financial Instruments Estimates | The Company’s financial instruments including, accounts payable and due to related parties are carried at cost, which approximates fair value due to the short-term maturity of these instruments. |
Concentrations of Credit Risk | Financial instruments that potentially subject the Company to a significant concentration of credit risk include cash. At times, the Company maintains deposits in federally insured financial institutions in excess of federally insured limits. Management monitors the credit rating and concentration of risk with these financial institutions on a continuing basis to mitigate risk. |
Taxes Collected and Remitted to Governmental Authorities | The Company reports taxes collected from customers, which are primarily goods and service tax, on a net basis. |
Revenue Recognition | The Company recognizes revenue in accordance with Accounting Standards Update No. 2014-09, “ Revenue from Contracts with Customers ¨ 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. |
Income Taxes | Current income tax liabilities for current and prior years are recognized at the amounts expected to be paid to the tax authorities, using the tax rates (and tax laws) that have been enacted or substantially enacted by the balance sheet date. Deferred income tax assets/liabilities are recognized for all deductible/taxable temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements except when the deferred income tax assets/liabilities arise from the initial recognition of an asset or liability in a transaction that is not a business combination and at the time of the transaction, affects neither accounting nor taxable profit or loss. Deferred income tax assets are recognized to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilized. Deferred income tax assets and liabilities are measured at: (i) the tax rates that are expected to apply when the related deferred income tax asset is realized or the deferred income tax liability is settled, based on tax rates (and tax laws) that have been enacted or substantially enacted by the balance sheet date; and (ii) the tax consequence that would follow from the manner in which the Company expects, at the balance sheet date, to recover or settle the carrying amounts of its assets and liabilities. Current and deferred income taxes are recognized as income or expenses in the statements of operations. |
Recently Adopted Accounting Standards | In August 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-15, “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. In November 2016, the FASB issued ASU 2016-18, “ Statement of Cash Flows (Topic 230): Restricted Cash. |
Recent Accounting Pronouncements | In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, “ Leases Management has considered all recent accounting pronouncements issued. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s financial statements. |
Disposal of Subsidiaries (Table
Disposal of Subsidiaries (Tables) | 6 Months Ended |
Jun. 30, 2018 | |
Disposal Of Subsidiaries | |
Summary of results of operations | The following table shows the results of operations of Smile More Holdings for the three months ended June 30, 2018 and 2017 which are included in the loss from discontinued operations: Three Months Ended June 30, 2018 2017 Dental Service Revenue, net $ - $ 1,330,804 Cost of Services - 864,375 Gross profit - 466,429 General and administrative - 107,197 Professional fees - 1,894 Rental - 219,162 Staff costs - 135,270 Depreciation - 36,883 Operating loss - (33,977 ) Other income - 131,026 Interest expense - (5,747 ) Income tax benefit - (1,316 ) Gain from discontinued operations, net of tax $ - $ 89,986 The following table shows the results of operations of Smile More Holdings for the six months ended June 30, 2018 and 2017 which are included in the loss from discontinued operations: Six Months Ended June 30, 2018 2017 Dental Service Revenue, net $ - $ 3,065,719 Cost of Services - 2,057,063 Gross profit - 1,008,656 General and administrative - 259,937 Professional fees - 28,154 Rental - 429,677 Staff costs - 334,347 Depreciation - 94,294 Operating loss - (137,753 ) Other income - 132,250 Interest expense - (14,530 ) Income tax benefit - 1,316 Loss from discontinued operations, net of tax $ - $ (18,717 ) |
Summary of carrying amounts of the major classes of assets and liabilities | The following table shows the carrying amounts of the major classes of assets and liabilities associated with Smile More Holdings as of the June 5, 2017. June 5, 2017 Cash and cash equivalents $ 359,066 Accounts receivable 1,175,394 Prepaid expenses and deposits 247,086 Supplies 100,177 Property and equipment, net 887,360 Accounts payable (1,168,613 ) Accrued and other payables (122,958 ) Due to related parties (597,259 ) Loans payable (565,938 ) Capital lease obligations (168,996 ) Net assets and liabilities 145,319 Accumulated other comprehensive loss (67,881 ) Loss on disposal $ 77,438 |
Nature of Operations (Details N
Nature of Operations (Details Narrative) - shares | 1 Months Ended | |
Sep. 19, 2015 | Jun. 05, 2017 | |
Multi Care Pte Ltd Member | Share Exchange Agreement Member | ||
Nature Of Operations [Line Items] | ||
Ownership percentage | 70.00% | |
Smile More Holdings Pte Ltd Member | ||
Nature Of Operations [Line Items] | ||
Sold Issued and outstanding shares percentage | 100.00% | |
Smile More Holdings Pte Ltd Member | Share Exchange Agreement Member | ||
Nature Of Operations [Line Items] | ||
Number of common stock issued | 3,000,000 | |
Eminent Healthcare Pte Ltd Member | Liew Min Hin [Member] | ||
Nature Of Operations [Line Items] | ||
Ownership percentage | 100.00% | 100.00% |
Eminent Healthcare Pte Ltd Member | Share Exchange Agreement Member | ||
Nature Of Operations [Line Items] | ||
Ownership percentage | 30.00% |
Going Concern (Details Narrativ
Going Concern (Details Narrative) - USD ($) | Jun. 30, 2018 | Dec. 31, 2017 |
Going Concern | ||
Accumulated deficit | $ (1,340,043) | $ (1,330,815) |
Working capital deficit | $ (468,922) |
Disposal of Subsidiaries (Detai
Disposal of Subsidiaries (Details) - Smile More Holdings Pte Ltd Member - USD ($) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017 | |
Dental Service Revenue, net | $ 1,330,804 | $ 3,065,719 | ||
Cost of Services | 864,375 | 2,057,063 | ||
Gross profit | 466,429 | 1,008,656 | ||
General and administrative | 107,197 | 259,937 | ||
Professional fees | 1,894 | 28,154 | ||
Rental | 219,162 | 429,677 | ||
Staff costs | 135,270 | 334,347 | ||
Depreciation | 36,883 | 94,294 | ||
Operating loss | (33,977) | (137,753) | ||
Other income | 131,026 | 132,250 | ||
Interest expense | (5,747) | (14,530) | ||
Income tax benefit | (1,316) | 1,316 | ||
Loss from discontinued operations, net of tax | $ 89,986 | $ (18,717) |
Disposal of Subsidiaries (Det_2
Disposal of Subsidiaries (Details 1) - USD ($) | Jun. 30, 2018 | Jun. 05, 2017 |
Loss on disposal | $ 0 | |
Smile More Holdings Pte Ltd Member | ||
Cash and cash equivalents | $ 359,066 | |
Accounts receivable | 1,175,394 | |
Prepaid expenses and deposits | 247,086 | |
Supplies | 100,177 | |
Property and equipment, net | 887,360 | |
Accounts payable | (1,168,613) | |
Accrued and other payables | (122,958) | |
Due to related parties | (597,259) | |
Loans payable | (565,938) | |
Capital lease obligations | (168,996) | |
Net assets and liabilities | 145,319 | |
Accumulated other comprehensive loss | (67,881) | |
Loss on disposal | $ 77,438 |
Disposal of Subsidiaries (Det_3
Disposal of Subsidiaries (Details Narrative) - USD ($) | Jun. 30, 2018 | Jun. 05, 2017 | Sep. 19, 2015 |
Loss on disposal | $ 0 | ||
Share Exchange Agreement Member | |||
Intra-Company loan | $ 965,866 | ||
Smile More Holdings Pte Ltd Member | |||
Sold Issued and outstanding shares percentage | 100.00% | ||
Loss on disposal | $ 77,438 | ||
Eminent Healthcare Pte Ltd Member | Share Exchange Agreement Member | |||
Ownership percentage | 30.00% | ||
Eminent Healthcare Pte Ltd Member | Liew Min Hin [Member] | |||
Ownership percentage | 100.00% | 100.00% |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 6 Months Ended | ||
Jun. 30, 2018 | Jun. 30, 2017 | Dec. 31, 2017 | |
Loans from related parties | $ 5,250 | $ 10,389 | |
Due to related parties | 430,062 | $ 424,812 | |
Various Officers [Member] | |||
Loans from related parties | 5,250 | ||
Officers [Member] | |||
Due to related parties | $ 430,062 | $ 424,812 |