Antiaging Quantum Living (AAQL) 10-K 6 Jul 20 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2020	Sep. 30, 2019
Document And Entity Information
Entity Registrant Name	Achison Inc
Entity Central Index Key	0001672571
Document Type	10-K
Document Period End Date	Mar. 31, 2020
Amendment Flag	false
Current Fiscal Year End Date	--03-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Shell Business	false
Entity Interactive Data	Yes
Entity Filer Category	Non-accelerated Filer
Entity Public Float		$ 7,170
Entity Common Stock, Shares Outstanding	9,990,000
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Entity Emerging Growth Company	false
Entity Small Business	true

Balance Sheets

Balance Sheets - USD ($)	Mar. 31, 2020	Mar. 31, 2019
Current Assets:
Cash	$ 61,471	$ 4,141
Short Term Investments		10,724
Notes receivable	70,000
Notes receivable, net- related party		18,000
Total Current Assets	131,471	32,865
TOTAL ASSETS	131,471	32,865
CURRENT LIABILITIES:
Income tax payable		13,383
Total Current Liabilities		13,383
NON-CURRENT LIABILITIES:
Shareholder loan	71,000
Total Noncurrent Liabilities	71,000
TOTAL LIABILITIES	71,000	13,383
COMMITMENTS AND CONTINGENCIES(Note 5)
Stockholder's equity:
Common stock ($0.001 par value, 30,000,000 shares authorized, 29,995,000 shares issued and outstanding as of March 31, 2020; 9,985,000 shares issued and outstanding as of March 31, 2019)	29,995	9,985
Additional paid-in capital	160,230	80,140
Accumulated Deficit	(129,754)	(70,643)
Total Stockholder's equity	60,471	19,482
Total liabilities and stockholder's equity	$ 131,471	$ 32,865

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Mar. 31, 2020	Mar. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, Authorized	30,000,000	9,990,000
Common stock, Issued	29,995,000	9,985,000
Common stock, outstanding	29,995,000	9,985,000

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Operating Expenses
General and Administrative Expenses	$ 55,448	$ 57,012
Total Operating Expenses	55,448	57,012
Other Income (expense)
Net gain (loss) from commodity trading	(2,010)	740
Interest and dividends	1	2,877
Investment loss		(3,000)
Commission expense and service fees	(1,654)	(731)
Total Other Income (expense)	(3,663)	(114)
Loss from operation before income tax	(59,111)	(57,126)
Income tax expense		13,383
Net loss	$ (59,111)	$ (70,509)
Net loss per common share, basic and diluted	$ 0	$ 0
Weighted average number of common shares outstanding, basic and diluted	29,995,000	9,985,000

Statement of Changes in Stockho

Statement of Changes in Stockholders Equity - USD ($)	Common Stock	Additional Paid-In Capital	Retained Earnings( Deficit)	Treasury Stock	Total
Beginning Balance, Shares at Mar. 31, 2018	9,990,000
Beginning Balance, Amount at Mar. 31, 2018	$ 9,990	$ 13,935	$ (134)		$ 23,791
Contribution from shareholder		66,200			66,200
Cancellation of shares contributed by shareholder, shares	(5,000)
Cancellation of shares contributed by shareholder, amount	$ (5)	5
Net loss			(70,509)		(70,509)
Ending Balance, Shares at Mar. 31, 2019	9,985,000
Ending Balance, Amount at Mar. 31, 2019	$ 9,985	80,140	(70,643)		19,482
Contribution from shareholder
Shares issued for cash, shares	10,010,000
Shares issued for cash, amount	$ 10,010	90,090			100,100
Shares issued for intangible asset, shares	10,000,000
Shares issued for intangible asset, amount	$ 10,000	(10,000)
Net loss			(59,111)		(59,111)
Ending Balance, Shares at Mar. 31, 2020	29,995,000
Ending Balance, Amount at Mar. 31, 2020	$ 29,995	$ 160,230	$ (129,754)		$ 60,471

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (59,111)	$ (70,509)
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment loss		3,000
Net loss from commodity trading	2,010
Bad debt expense		17,100
Change in operating assets and liabilities:
Tax payable	(13,383)	13,383
Net cash provided by (used in) operating activities	(70,484)	(37,026)
CASH FLOWS FROM INVESTING ACTIVITIES
Notes receivables	(70,000)	(19,100)
Note receivables - related party	18,000
Short-term investments	8,714	60,756
Net cash provided by (used in) investing activities	(43,286)	41,656
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of loan		(2,000)
Cash from issuance of shares	100,100
Shareholder loan	71,000
Net cash provided by financing activities	171,100	(2,000)
Net increase (decrease) in Cash	57,330	2,630
Cash at beginning of period:	4,141	1,511
Cash at end of period:	61,471	4,141
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Income taxes paid	13,383
Interest paid
SUPPLEMENTAL DISCLOSURES OF CASH FLOW FOR NON-CASH TRANSACTION:
Contribution from shareholder		$ 66,200

NOTE 1. NATURE OF BUSINESS AND

NOTE 1. NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
NOTE 1. NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 1. NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Business Achison Inc., the Company, incorporated in the State of New York on December 29, 2014. On July 1, 2019 Lansdale Inc, the principal stockholder of the Company (“Seller”) and controlled by the Company’s prior President, Mr. Wanjun Xie, entered into a Stock Purchase Agreement (the “Agreement”) with Dazhong 368 Inc, (the “Buyer”), pursuant to which, a total of 9,000,000 shares of Common Stock of the Company were transferred to the Buyer, representing approximately 90% of the Company’s issued and outstanding shares of Common Stock, resulting in a change of the control of the Company. Mr. Dingshan Zhang was appointed as the President and CEO of the Company at the same date. Prior to July of 2019 the Company primarily engaged in trading spot gold and silver in Singapore Markets, crypto currency and US equity stocks, however, the Company currently engages only in internet advertising through www.dazhong368.com (the “Website”) in the New York area and has plans to acquire a vineyard to distribute and sell wines in the future. Basis of Preparation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles used in the United States of America. The financial statements are presented in US dollar, which is the Company's functional currency. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and the disclosure of contingent assets and liabilities. Significant areas requiring the use of estimates are assessing the allowance of doubtful account, impairment of long-lived assets and recoverability of deferred tax assets. These estimates and assumptions are based on the Company’s historical results as well as management’s future expectations. The Company’s actual results may vary from those estimates and assumptions. Income Taxes The Company accounts for income taxes in accordance with the provisions of the Financial Accounting Standards Board (“FASB”) codified within Accounting Standards Codification (“ASC”) Topic No. 740-10, Income Taxes. Deferred income taxes are recognized for the temporary differences between the tax basis of assets and liabilities and their financial reporting amounts. The Company assesses, on an annual basis, the realizability of its deferred tax assets. A valuation allowance for deferred tax assets is established if, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized. The Company made full amount of the allowance against the deferred tax assets as of March 31, 2020 and 2019, respectively. Fair Value Hierarchy The Company has categorized its financial instruments, based on the priority of inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Financial assets and liabilities recorded on the balance sheet are categorized based on the inputs to the valuation techniques as follows: Level 1 Financial assets and liabilities for which values are based on unadjusted quoted prices for identical assets or liabilities in an active market that management has the ability to access. Level 2 Financial assets and liabilities for which values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability (commodity derivatives and interest rate swaps). Level 3 Financial assets and liabilities for which values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability. When the inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement in its entirety. The carrying amounts of cash, notes receivable, loan payable and tax payable approximate fair value because of the short-term nature of these items. Short-term investments are considered trading securities and measured at fair value, determined by reference to quoted market prices and other relevant information generated by market transactions. Cash Cash and cash equivalents include cash on hand; cash in banks and brokerage accounts and all highly liquid investments with maturity of three months or less at the time purchase. The Company maintains its cash balance at a financial institution located in New York, a trading account in Bullion Vault which is in England and with Alpine Securities, which is a brokerage firm in Salt Lake City, Utah. Cash account at the New York institution is insured by the Federal Deposit Insurance Corporation up to $250,000. As of March 31, 2020, the accounts of Bullion Vault and Alpine Securities have been closed by the Company. Intangible assets, net The Company’s intangible asset with definite useful lives consist of a website. The Company typically amortizes its intangible asset with definite useful lives on a straight-line basis over the shorter of the contractual terms or the estimated useful lives. The Company estimate the useful lives of the website is 10 years. The website was acquired in the form of non-monetary transaction occurred between entities under common control. The carrying amount of the website at the date of transfer was $0. Thus no value recognized on the balance sheet as of March 31, 2020 and no amortization expense was recognized for the year ended March 31, 2020. . Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. The Company does not have any potentially dilutive instruments as of March 31, 2020 and 2019, thus, anti-dilution issues are not applicable. Going Concern Assessment The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern. These adverse conditions are negative financial trends, specifically cash outflow from operating activities, operating losses, accumulated deficit and other adverse key financial ratios. Management’s plan to alleviate the substantial doubt about the Company’s ability to continue as a going concern include attempting to improve its business profitability, its ability to generate sufficient cash flow from its operations to meet its operating needs on a timely basis, obtain additional working capital funds from the majority shareholder and President of the Company to eliminate inefficiencies in order to meet its anticipated cash requirements. However, there can be no assurance that these plans and arrangements will be sufficient to fund the Company’s ongoing capital expenditures and other requirements. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

NOTE 2. SHORT TERM INVESTMENTS

NOTE 2. SHORT TERM INVESTMENTS	12 Months Ended
	Mar. 31, 2020
Investments, All Other Investments [Abstract]
NOTE 2. SHORT TERM INVESTMENTS	NOTE 2. SHORT TERM INVESTMENTS The Company considers all investment will be sold within one year to be short term investments. Achison Inc. operated a trading account in Bullion Vault to trade commodities, such as the spot gold and spot silver, since those investments in the account can be sold online and can be traded anytime in near future as the Company's primary activity source, the Company treats the Bullion Vault account as short term investments assets. Additionally, the Company trades investment securities through its brokerage accounts with Charles Schwab and WD Investments. The intent is to also trade these securities within 1 year of its acquisition date and therefore classified as Short Term Investments. As of March 31, 2020, the accounts of Bullion Vault, Charles Schwab and WD Investments have been closed by the Company. The Company considers all investment will be sold within one year to be short term investments. Achison Inc. operated a trading the spot gold and spot silver, crypto currency and US equity stocks. Since those investments in the account can be sold online and can be traded anytime in near future. During the years ended March 31, 2020 and 2019, the Company recognized investment loss in the amount of $nil and $3,000, respectively.

NOTE 3. STOCKHOLDERS EQUITY

NOTE 3. STOCKHOLDERS EQUITY	12 Months Ended
	Mar. 31, 2020
Equity [Abstract]
NOTE 3. STOCKHOLDERS EQUITY	NOTE 3. STOCKHOLDER’S EQUITY During the year ended March 31, 2019, one shareholder of the Company requested to cancel 5,000 shares of the Company which is owned by the shareholder, and the shares were cancelled on February 1, 2019. On September 9, 2019, the Company issued 10,010,000 shares at the price of $0.01 per share to Dazhong 368 Inc for cash of $ 100,100. On September 9, 2019, the Company issued 10,000,000 shares at the price of $0.01 per share to Sophia 33 Inc., which is an entity under common control of Mr. Dingshan Zhang, the President of the Company, for online advertising website. However, the book value of the advertising website on Sophoa 33 Inc’s book was $0 because the website was developed by Mr. Zhang at his own costs. Since the transaction was occurred between the entities under common control, the difference between the value of the shares and the advertising website was recorded into additional paid in capital. The Company did not issue any other stock types other than common stocks, options and warrants; the Company did not have any share-based compensation, related to employee share-based awards, tax benefit from share-based award activities. See note 4 for the disclosure of contribution from shareholder in the amount of $66,200.

NOTE 4. RELATED PARTY TRANSACTI

NOTE 4. RELATED PARTY TRANSACTIONS	12 Months Ended
	Mar. 31, 2020
Related Party Transactions [Abstract]
NOTE 4. RELATED PARTY TRANSACTIONS	NOTE 4. RELATED PARTY TRANSACTIONS The Company has been provided office space by its President at no cost. The management determined that such cost is nominal and did not recognize the rent expense in its financial statements. On April 23, 2018 and April 30, 2018 Lansdale Inc., which was controlled by the prior President of the Company, gifted 15,000 and 20,000 shares of Smoke Cartel Inc (“SMKC”) respectively to Achison Inc. Additionally, on August 29, 2018 Lansdale Inc. gifted 15,000 shares of SMKC to Achison Inc. The fair value of these shares on the contribution date were in the amount of $66,200. All the shares of SMKC were sold during the year ended March 31, 2019. During the year ended March 31, 2019, the Company loaned to Lansdale Inc. in the amount of $19,100, bearing 10% interest and due on demand. As of March 31, 2019, the balance of note receivable, net to Lansdale Inc. was $18,000. During the year ended March 31, 2020, Lansdale Inc. repaid the Company in the amount of $18,000. During the years ended March 31, 2020 and 2019, the Company accrued bad debt expense related to notes receivable in the amount of $nil and $17,100, respectively. In August 2019, the Company borrowed $71,000 from the President of the Company, bearing no interest and due in December 2021.

NOTE 5. NOTES RECEIVABLE

NOTE 5. NOTES RECEIVABLE	12 Months Ended
	Mar. 31, 2020
Receivables [Abstract]
NOTE 5.– NOTES RECEIVABLE	NOTE 5 – NOTES RECEIVABLE, NET During the year ended March 31, 2020, the Company loaned to Northern Ifurniture Inc in the amount of $70,000 bearing 7% interest rate and due on December 2, 2020. On June 26, 2020, Northern Ifurniture Inc. repaid note receivable to the Company in the amount of $20,000. For the disclosure of notes receivable for the year ended March 31, 2019, please refer to note 4.

NOTE 6. COMMITMENTS AND CONTING

NOTE 6. COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
NOTE 6. COMMITMENTS AND CONTINGENCIES	NOTE 6 – COMMITMENTS AND CONTINGENCIES The Company has no commitments or contingency as of March 31, 2020 and 2019.

NOTE 7. INCOME TAXES

NOTE 7. INCOME TAXES	12 Months Ended
	Mar. 31, 2020
Income Tax Disclosure [Abstract]
NOTE 7. INCOME TAXES	NOTE 7 – INCOME TAXES The Company is subject to the United States federal income tax at a tax rate of 21%. Income tax expense for the years ended March 31, 2020 and 2019 were $nil and $13,383, respectively. The Company had net operating loss carryovers for federal income tax purposes totaling $129,754 and $70,643 as of the years ended March 31, 2020 and 2019, respectively. The ultimate realization of such loss carryovers will be dependent on the Company attaining future taxable earnings. Based on the projections of future taxable earnings, management believes that it is more likely than not that the Company will not be able to utilize the benefits of these carryovers. As of March 31, 2019, the Company had deferred tax assets and valuation allowance in the amount of $14,835 and $14,835, respectively. As of March 31, 2020, the Company had deferred tax assets and valuation allowance in the amount of $27,248 and $27,248, respectively.

NOTE 8. RISKS AND UNCERTAINTIES

NOTE 8. RISKS AND UNCERTAINTIES	12 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
NOTE 8 - RISKS AND UNCERTAINTIES	NOTE 8 - RISKS AND UNCERTAINTIES Concentration of Credit Risks Financial instruments that potentially subject the Company to significant concentration of credit risk primarily consist of cash. As of March 31, 2020 and 2019, the Company’s cash was held by financial institutions, located in the United States, that management believes have acceptable credit because it’s within the cap insured by the Federal Deposit Insurance Corporation.

NOTE 9. SUBSEQUENT EVENT

NOTE 9. SUBSEQUENT EVENT	12 Months Ended
	Mar. 31, 2020
Subsequent Events [Abstract]
NOTE 9. SUBSEQUENT EVENT	NOTE 9 – SUBSEQUENT EVENT A novel strain of coronavirus (COVID-19) was first identified in December 2019, and subsequently declared a global pandemic by the World Health Organization on March 11, 2020. As a result of the outbreak, many companies have experienced disruptions in their operations and in markets served. The Company considered the impact of COVID-19 on the assumptions and estimates used and determined that there were no material adverse impacts on the Company’s results of operations and financial position at March 31, 2020. The full extent of the future impacts of COVID-19 on the Company’s operations is uncertain. A prolonged outbreak could have a material adverse impact on financial results and business operations of the Company, including the timing and ability of the Company to develop its business plan On June 26, 2020, Northern Ifurniture Inc. repaid note receivable to the Company in the amount of $20,000.

NOTE 10. RESTATEMENT OF PRIOR I

NOTE 10. RESTATEMENT OF PRIOR ISSUED FINANCIAL STATEMENTS	12 Months Ended
	Mar. 31, 2020
Accounting Changes and Error Corrections [Abstract]
NOTE 10. RESTATEMENT OF PRIOR ISSUED FINANCIAL STATEMENTS	NOTE 10 – RESTATEMENT OF PRIOR ISSUED FINANCIAL STATEMENTS Subsequent to the issuance of the Company’s financial statements for the year ended March 31, 2019, the Company’s management determined that corrections were required to the previously reported financial statements to correct some accounting treatments, including cash, note receivable, short-term investment, tax payable and other income statement account. As a result, the balance sheet as of March 31, 2019, the statements of operations for the year ended March 31, 2019, the statement of cash flows for the year ended March 31, 2019, and the statement of changes in stockholders’ deficit for the year ended March 31, 2019, have been restated from the amounts previously reported. As of March 31, 2019 Balance Sheet As previously reported Adjustments As restated Cash 6,092 (1,951 ) 4,141 Short-term investment 13,724 (3,000 ) 10,724 Notes Receivable, net — 18,000 18,000 TOTAL CURRENT ASSETS 30,153 2,712 32,865 Notes receivable, net 35,100 (35,100 ) — TOTAL NON-CURRENT ASSETS 35,100 (35,100 ) — TOTAL ASSETS 65,253 (32,387 ) 32,865 Income tax payable 12,166 1,217 13,383 TOTAL CURRENT LIABILITIES 12,166 1,217 13,383 TOTAL NON-CURRENT LIABILITIES — — — TOTAL LIABILITIES 12,166 1,217 13,383 Common stock 9,990 (5 ) 9,985 Additional paid-in capital 39,035 41,105 80,140 Accumulated deficit 4,062 (74,705 ) (70,643 ) TOTAL STOCKHOLDERS’ DEFICIT 53,087 (33,605 ) 19,482 TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 65,253 (32,387 ) 32,866 Year Ended March 31, 2019 Statements of operations and comprehensive loss As previously reported Adjustments As restated Realized Gain (loss) from Investment 75,705 (75,705 ) — Interest 2,877 (2,877 ) — Unrealized Gain (lose) from Investment (33,865 ) 33,865 Less: Fee and commission expense (901 ) 901 — Net profit 43,816 (43,816 ) — General and Administrative Expenses 37,791 19,221 57,012 Net gain (loss) from commodity trading — 740 740 Interest and dividends — 2,877 2,877 Investment loss — 3,000 3,000 Commission expense and service fees — (731 ) (731 ) LOSS BEFORE INCOME TAXES 6,025 (63,151 ) (57,126 ) Income tax expense 1,829 11,554 13,383 Net Income (Loss) 4,196 (74,705 ) (70,509 ) Year Ended March 31, 2019 Statements of cash flows As previously reported Adjustments As restated Net income (loss) 4,196 (74,705 ) (70,509 ) Short term investments (5,444 ) 5,444 — Deferred Taxes (10,337 ) 10,337 — Investment loss 3,000 3,000 Bad debt expense 17,100 17,100 Account payables 12,166 (12,166 ) — Income tax payable 13,383 13,383 NET CASH USED IN OPERATING ACTIVITIES 581 (37,607 ) (37,026 ) Notes Receivable — (19,100 ) (19,100 ) Short-term investments 60,756 60,756 Net cash provided by (used in) investing activities 41,656 41,656 Notes Receivable 19,100 (19,100 ) — Loans 2,000 (2,000 ) — Repayment of loan — (2,000 ) (2,000 ) Additional paid-in capital 25,100 25,100 — NET CASH PROVIDED BY FINANCING ACTIVITIES 4,000 (6,000 ) (2,000 ) NET INCREASE (DECREASE) IN CASH 4,581 (1,951 ) 2,630 CASH, beginning of year 1,511 — 1,511 CASH, end of year 6,092 (1,951 ) 4,141 Interest paid — Income tax paid — — — SUPPLEMENTAL DISCLOSURES OF CASH FLOW FOR NON-CASH TRANSACTION: Contribution from shareholder — 66,200 66,200 Year Ended March 31, 2019 Statements of changes in stockholders’ deficit As previously reported Adjustments As restated Contribution from shareholder 25,100 41,100 66,200 Cancellation of treasury stocks — — — Net income (loss) 4,196 (74,705 ) (70,509 )

NOTE 1. NATURE OF BUSINESS AN_2

NOTE 1. NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Mar. 31, 2020
Accounting Policies [Abstract]
Nature of business	Nature of Business Achison Inc., the Company, incorporated in the State of New York on December 29, 2014. On July 1, 2019 Lansdale Inc, the principal stockholder of the Company (“Seller”) and controlled by the Company’s prior President, Mr. Wanjun Xie, entered into a Stock Purchase Agreement (the “Agreement”) with Dazhong 368 Inc, (the “Buyer”), pursuant to which, a total of 9,000,000 shares of Common Stock of the Company were transferred to the Buyer, representing approximately 90% of the Company’s issued and outstanding shares of Common Stock, resulting in a change of the control of the Company. Mr. Dingshan Zhang was appointed as the President and CEO of the Company at the same date. Prior to July of 2019 the Company primarily engaged in trading spot gold and silver in Singapore Markets, crypto currency and US equity stocks, however, the Company currently engages only in internet advertising through www.dazhong368.com (the “Website”) in the New York area and has plans to acquire a vineyard to distribute and sell wines in the future.
Basis of Presentation	Basis of Preparation The accompanying financial statements have been prepared in accordance with generally accepted accounting principles used in the United States of America. The financial statements are presented in US dollar, which is the Company's functional currency.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts and timing of revenues and expenses, the reported amounts and classification of assets and liabilities, and the disclosure of contingent assets and liabilities. Significant areas requiring the use of estimates are assessing the allowance of doubtful account, impairment of long-lived assets and recoverability of deferred tax assets. These estimates and assumptions are based on the Company’s historical results as well as management’s future expectations. The Company’s actual results may vary from those estimates and assumptions.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with the provisions of the Financial Accounting Standards Board (“FASB”) codified within Accounting Standards Codification (“ASC”) Topic No. 740-10, Income Taxes. Deferred income taxes are recognized for the temporary differences between the tax basis of assets and liabilities and their financial reporting amounts. The Company assesses, on an annual basis, the realizability of its deferred tax assets. A valuation allowance for deferred tax assets is established if, based upon available evidence, it is more likely than not that all or a portion of the deferred tax assets will not be realized. The Company made full amount of the allowance against the deferred tax assets as of March 31, 2020 and 2019, respectively.
Fair Value Hierarchy	Fair Value Hierarchy The Company has categorized its financial instruments, based on the priority of inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). Financial assets and liabilities recorded on the balance sheet are categorized based on the inputs to the valuation techniques as follows: Level 1 Financial assets and liabilities for which values are based on unadjusted quoted prices for identical assets or liabilities in an active market that management has the ability to access. Level 2 Financial assets and liabilities for which values are based on quoted prices in markets that are not active or model inputs that are observable either directly or indirectly for substantially the full term of the asset or liability (commodity derivatives and interest rate swaps). Level 3 Financial assets and liabilities for which values are based on prices or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. These inputs reflect management’s own assumptions about the assumptions a market participant would use in pricing the asset or liability. When the inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement in its entirety. The carrying amounts of cash, notes receivable, loan payable and tax payable approximate fair value because of the short-term nature of these items. Short-term investments are considered trading securities and measured at fair value, determined by reference to quoted market prices and other relevant information generated by market transactions.
Cash	Cash Cash and cash equivalents include cash on hand; cash in banks and brokerage accounts and all highly liquid investments with maturity of three months or less at the time purchase. The Company maintains its cash balance at a financial institution located in New York, a trading account in Bullion Vault which is in England and with Alpine Securities, which is a brokerage firm in Salt Lake City, Utah. Cash account at the New York institution is insured by the Federal Deposit Insurance Corporation up to $250,000. As of March 31, 2020, the accounts of Bullion Vault and Alpine Securities have been closed by the Company.
Intangible assets, net	Intangible assets, net The Company’s intangible asset with definite useful lives consist of a website. The Company typically amortizes its intangible asset with definite useful lives on a straight-line basis over the shorter of the contractual terms or the estimated useful lives. The Company estimate the useful lives of the website is 10 years. The website was acquired in the form of non-monetary transaction occurred between entities under common control. The carrying amount of the website at the date of transfer was $0. Thus no value recognized on the balance sheet as of March 31, 2020 and no amortization expense was recognized for the year ended March 31, 2020.
Basic Earnings (Loss) Per Share	Basic Earnings (Loss) Per Share The Company computes basic and diluted earnings per share amounts in accordance with ASC Topic 260, Earnings per Share. Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of common shares outstanding during the reporting period. Diluted earnings per share reflects the potential dilution that could occur if stock options and other commitments to issue common stock were exercised or equity awards vest resulting in the issuance of common stock that could share in the earnings of the Company. The Company does not have any potentially dilutive instruments as of March 31, 2020 and 2019, thus, anti-dilution issues are not applicable.
Going Concern Assessment	Going Concern Assessment The Company demonstrates adverse conditions that raise substantial doubt about the Company’s ability to continue as a going concern. These adverse conditions are negative financial trends, specifically cash outflow from operating activities, operating losses, accumulated deficit and other adverse key financial ratios. Management’s plan to alleviate the substantial doubt about the Company’s ability to continue as a going concern include attempting to improve its business profitability, its ability to generate sufficient cash flow from its operations to meet its operating needs on a timely basis, obtain additional working capital funds from the majority shareholder and President of the Company to eliminate inefficiencies in order to meet its anticipated cash requirements. However, there can be no assurance that these plans and arrangements will be sufficient to fund the Company’s ongoing capital expenditures and other requirements. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.

NOTE 10. RESTATEMENT OF PRIOR_2

NOTE 10. RESTATEMENT OF PRIOR ISSUED FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Mar. 31, 2020
Accounting Changes and Error Corrections [Abstract]
Restatement of Financial Statements	As of March 31, 2019 Balance Sheet As previously reported Adjustments As restated Cash 6,092 (1,950 ) 4,142 Short-term investment 13,723 (3,000 ) 10,723 Notes Receivable, net — 18,000 18,000 TOTAL CURRENT ASSETS 30,153 1,713 31,866 Notes receivable, net 35,100 (35,100 ) — TOTAL NON-CURRENT ASSETS 35,100 (35,100 ) — TOTAL ASSETS 65,253 (32,387 ) 32,866 Income tax payable 12,166 1,218 13,384 TOTAL CURRENT LIABILITIES 12,166 1,218 13,384 TOTAL NON-CURRENT LIABILITIES — — — TOTAL LIABILITIES 12,166 1,218 13,384 Common stock 9,990 (5 ) 9,985 Additional paid-in capital 39,035 41,105 80,140 Accumulated deficit 4,062 (74,705 ) (70,643 ) TOTAL STOCKHOLDERS’ DEFICIT 53,087 (33,605 ) 19,482 TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 65,253 (32,387 ) 32,866 Year Ended March 31, 2019 Statements of operations and comprehensive loss As previously reported Adjustments As restated Realized Gain (loss) from Investment 75,705 (75,705 ) — Interest 2,877 (2,877 ) — Unrealized Gain (lose) from Investment (33,865 ) 33,865 Less: Fee and commission expense (901 ) 901 — Net profit 43,816 (43,816 ) — General and Administrative Expenses 37,791 19,221 57,012 Net gain (loss) from commodity trading — 740 740 Interest and dividends — 2,877 2,877 Investment loss — 3,000 3,000 Commission expense and service fees — (731 ) (731 ) LOSS BEFORE INCOME TAXES 6,025 (63,151 ) (57,126 ) Income tax expense 1,829 11,554 13,383 Net Income (Loss) 4,196 (74,705 ) (70,509 ) Year Ended March 31, 2019 Statements of cash flows As previously reported Adjustments As restated Net income (loss) 4,196 (74,705 ) (70,509 ) Short term investments (5,444 ) 5,444 — Deferred Taxes (10,337 ) 10,337 — Investment loss 3,000 3,000 Bad debt expense 17,100 17,100 Account payables 12,166 (12,166 ) — Income tax payable 13,383 13,383 NET CASH USED IN OPERATING ACTIVITIES 581 (37,607 ) (37,026 ) Notes Receivable — (19,100 ) (19,100 ) Short-term investments 60,756 60,756 Net cash provided by (used in) investing activities 41,656 41,656 Notes Receivable 19,100 (19,100 ) — Loans 2,000 (2,000 ) — Repayment of loan — (2,000 ) (2,000 ) Additional paid-in capital 25,100 25,100 — NET CASH PROVIDED BY FINANCING ACTIVITIES 4,000 (6,000 ) (2,000 ) NET INCREASE (DECREASE) IN CASH 4,581 (1,951 ) 2,630 CASH, beginning of year 1,511 — 1,511 CASH, end of year 6,092 (1,951 ) 4,141 Interest paid — Income tax paid — — — SUPPLEMENTAL DISCLOSURES OF CASH FLOW FOR NON-CASH TRANSACTION: Contribution from shareholder — 66,200 66,200 Year Ended March 31, 2019 Statements of changes in stockholders’ deficit As previously reported Adjustments As restated Contribution from shareholder 25,100 41,100 66,200 Cancellation of treasury stocks — — — Net income (loss) 4,196 (74,705 ) (70,509 )

NOTE 1. NATURE OF BUSINESS AN_3

NOTE 1. NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2018
FDIC	$ 250,000
Cash in bank	$ 61,471	$ 4,141	$ 1,511
Dazhong 368 [Member]
Ownership of subsidiary	90.00%
Share issue for acqusition of Achison	9,000,000

NOTE 2. SHORT TERM INVESTMENTS

NOTE 2. SHORT TERM INVESTMENTS (Details) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Investments, All Other Investments [Abstract]
Impairment of investment		$ 3,000

NOTE 3. STOCKHOLDERS EQUITY (D

NOTE 3. STOCKHOLDERS EQUITY (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Class of Stock [Line Items]
Treasury Stock, Shares Retired		5,000
Price per share	$ 0.01
Shares issued for cash, amount	$ 100,100
Dazhong 368 [Member]
Class of Stock [Line Items]
Shares issued for cash, shares	10,010,000
Shares issued for cash, amount	$ 100,100
Shares issued for intangible asset, shares	9,000,000
Sophia 33 [Member]
Class of Stock [Line Items]
Shares issued for intangible asset, shares	10,000,000

NOTE 4. RELATED PARTY TRANSAC_2

NOTE 4. RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	1 Months Ended		5 Months Ended	12 Months Ended
	Apr. 30, 2018	Apr. 23, 2018	Aug. 29, 2018	Mar. 31, 2020	Mar. 31, 2019
Contribution from shareholder					$ 66,200
Notes receivable, net- related party					18,000
Accrued bad debt expense				17,100	17,100
Shareholder loan				71,000
Lansdale Inc. [Member]
Common stock shares received from related party	20,000	15,000	15,000
Loan to related party					19,100
Notes receivable, net- related party					$ 18,000
Related party repaid loan				$ 18,000
Interest rate					10.00%

NOTE 5. NOTES RECEIVABLE (Detai

NOTE 5. NOTES RECEIVABLE (Details Narrative) - USD ($)	3 Months Ended
	Jun. 26, 2020	Mar. 31, 2020	Mar. 31, 2019
Receivables [Abstract]
Notes receivable		$ 70,000
Interest rate		7.00%
Repayment note receivable	$ 20,000

NOTE 7. INCOME TAXES (Details N

NOTE 7. INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Federal income tax rate	21.00%
Income tax expense		$ 13,383
Net operating loss carryover	70,643	129,754
Deferred tax assets	27,248	14,835
Deferred tax valuation allowance	$ (27,248)	$ (14,835)

NOTE 9. SUBSEQUENT EVENT (Detai

NOTE 9. SUBSEQUENT EVENT (Details Narrative)	3 Months Ended
	Jun. 26, 2020USD ($)
Subsequent Events [Abstract]
Repayment note receivable	$ 20,000

NOTE 10. RESTATEMENT OF PRIOR_3

NOTE 10. RESTATEMENT OF PRIOR ISSUED FINANCIAL STATEMENTS - Balance Sheet (Details) - USD ($)	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2018
Balance Sheet
Cash	$ 61,471	$ 4,141	$ 1,511
Short Term Investments		10,724
Notes receivable, net	70,000
Total Current Assets	131,471	32,865
Notes receivable, net
Total Noncurrent Asset
TOTAL ASSETS	131,471	32,865
Income tax payable		13,383
Total Current Liabilities		13,383
TOTAL LIABILITIES		13,383
Common stock	29,995	9,985
Additional paid-in capital	160,230	80,140
Accumulated deficit	(129,754)	(70,643)
TOTAL STOCKHOLDERS DEFICIT	60,471	19,482	$ 23,791
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT	$ 131,471	32,865
As previously reported [Member]
Balance Sheet
Cash		6,092
Short Term Investments		13,724
Notes receivable, net
Total Current Assets		30,153
Notes receivable, net		35,100
Total Noncurrent Asset		35,100
TOTAL ASSETS		65,253
Income tax payable		12,166
Total Current Liabilities		12,166
TOTAL LIABILITIES		12,166
Common stock		9,990
Additional paid-in capital		39,035
Accumulated deficit		4,062
TOTAL STOCKHOLDERS DEFICIT		53,087
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT		65,253
Adjustements [Member]
Balance Sheet
Cash		(1,951)
Short Term Investments		(3,000)
Notes receivable, net		18,000
Total Current Assets		2,712
Notes receivable, net		(35,100)
Total Noncurrent Asset		(35,100)
TOTAL ASSETS		(32,387)
Income tax payable		1,217
Total Current Liabilities		1,217
TOTAL LIABILITIES		1,217
Common stock		(5)
Additional paid-in capital		41,105
Accumulated deficit		(74,705)
TOTAL STOCKHOLDERS DEFICIT		(33,605)
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT		$ (32,387)

NOTE 10 _ RESTATEMENT OF PRIOR

NOTE 10 – RESTATEMENT OF PRIOR ISSUED FINANCIAL STATEMENTS - Financial Statements (Details) - USD ($)	12 Months Ended
	Mar. 31, 2020	Mar. 31, 2019	Mar. 31, 2018
Statements of operations and comprehensive loss
Realized Gain (loss) from Investment
Interest
Less: Fee and commission expense
Net Profit (loss)
General and Administrative Expenses	$ 55,448	57,012
Net gain (loss) from commodity trading	(2,010)	740
Interest and dividends	1	2,877
Investment loss		3,000
Commission expense and service fees	(1,654)	(731)
LOSS BEFORE INCOME TAXES	(59,111)	(57,126)
Income tax expense		13,383
Net Income (Loss)	(59,111)	(70,509)
Statements of cash flows
Net income (loss)	(59,111)	(70,509)
Short term investments	8,714	60,756
Deferred Taxes
Investment loss		3,000
Bad debt expense		17,100
Account payables
Income tax payable	(13,383)	13,383
NET CASH USED IN OPERATING ACTIVITIES	(70,484)	(37,026)
Notes Receivable		(19,100)
Short-term investments		60,756
Net cash provided by (used in) investing activities	(43,286)	41,656
Notes Receivable
Loans
Repayment of loan		(2,000)
Additional paid-in capital
NET CASH PROVIDED BY FINANCING ACTIVITIES	171,100	(2,000)
NET INCREASE (DECREASE) IN CASH	57,330	2,630
CASH, beginning of year		1,511
CASH, end of year	61,471	4,141	$ 1,511
Interest paid
Income taxes paid	13,383
SUPPLEMENTAL DISCLOSURES OF CASH FLOW FOR NON-CASH TRANSACTION:
Contribution from shareholder		66,200
Statements of changes in stockholders’ deficit
Contribution from shareholder		66,200
Cancellation of treasury stocks, amount
As previously reported [Member]
Statements of operations and comprehensive loss
Realized Gain (loss) from Investment		75,705
Interest		2,877
Unrealized Gain (lose) from Investment		(33,865)
Less: Fee and commission expense		(901)
Net Profit (loss)		43,816
General and Administrative Expenses		37,791
Net gain (loss) from commodity trading
Interest and dividends
Investment loss
Commission expense and service fees
LOSS BEFORE INCOME TAXES		6,025
Income tax expense		1,829
Net Income (Loss)		4,196
Statements of cash flows
Net income (loss)		4,196
Short term investments		(5,444)
Deferred Taxes		(10,337)
Account payables		12,166
NET CASH USED IN OPERATING ACTIVITIES		581
Notes Receivable
Notes Receivable		19,100
Loans		2,000
Repayment of loan
Additional paid-in capital		25,100
NET CASH PROVIDED BY FINANCING ACTIVITIES		4,000
NET INCREASE (DECREASE) IN CASH		4,581
CASH, beginning of year		1,511
CASH, end of year		6,092
Income taxes paid
SUPPLEMENTAL DISCLOSURES OF CASH FLOW FOR NON-CASH TRANSACTION:
Contribution from shareholder
Statements of changes in stockholders’ deficit
Contribution from shareholder		25,100
Cancellation of treasury stocks, amount
Adjustements [Member]
Statements of operations and comprehensive loss
Realized Gain (loss) from Investment		(75,705)
Interest		(2,877)
Unrealized Gain (lose) from Investment		33,865
Less: Fee and commission expense		901
Net Profit (loss)		(43,816)
General and Administrative Expenses		19,221
Net gain (loss) from commodity trading		740
Interest and dividends		2,877
Investment loss		3,000
Commission expense and service fees		(731)
LOSS BEFORE INCOME TAXES		(63,151)
Income tax expense		11,554
Net Income (Loss)		(74,705)
Statements of cash flows
Net income (loss)		(74,705)
Short term investments		5,444
Deferred Taxes		10,337
Investment loss		3,000
Bad debt expense		17,100
Account payables		(12,166)
Income tax payable		13,383
NET CASH USED IN OPERATING ACTIVITIES		(37,607)
Notes Receivable		(19,100)
Short-term investments		60,756
Net cash provided by (used in) investing activities		41,656
Notes Receivable		(19,100)
Loans		(2,000)
Repayment of loan		(2,000)
Additional paid-in capital		25,100
NET CASH PROVIDED BY FINANCING ACTIVITIES		(6,000)
NET INCREASE (DECREASE) IN CASH		(1,951)
CASH, beginning of year
CASH, end of year		(1,951)
Income taxes paid
SUPPLEMENTAL DISCLOSURES OF CASH FLOW FOR NON-CASH TRANSACTION:
Contribution from shareholder		66,200
Statements of changes in stockholders’ deficit
Contribution from shareholder		41,100
Cancellation of treasury stocks, amount