Cover
Cover - shares | 6 Months Ended | |
Jul. 31, 2022 | Sep. 21, 2022 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Jul. 31, 2022 | |
Document Fiscal Period Focus | Q2 | |
Document Fiscal Year Focus | 2023 | |
Current Fiscal Year End Date | --01-31 | |
Entity File Number | 033-20966 | |
Entity Registrant Name | LVPAI GROUP LIMITED | |
Entity Central Index Key | 0000831378 | |
Entity Tax Identification Number | 76-0251547 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 50 West Liberty Street | |
Entity Address, Address Line Two | Suite 880 | |
Entity Address, City or Town | Reno | |
Entity Address, State or Province | NV | |
Entity Address, Postal Zip Code | 89501 | |
City Area Code | 646 | |
Local Phone Number | 768-8417 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | true | |
Entity Common Stock, Shares Outstanding | 103,103 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets - USD ($) | Jul. 31, 2022 | Jan. 31, 2022 | |
ASSETS | |||
TOTAL ASSETS | |||
LIABILITIES AND STOCKHOLDERS’ EQUITY | |||
Accrued liabilities and other payable | 9,320 | 4,270 | |
Amount due to the related parties | 45,422 | 24,499 | |
TOTAL LIABILITIES | 54,742 | 28,769 | |
STOCKHOLDERS’ DEFICIT | |||
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 10,000,000 shares issued and outstanding, July 31, 2022 and January 31, 2022, respectively | 10,000 | 10,000 | |
Common stock, $0.001 par value, 103,103 shares authorized, 103,103 shares issued and outstanding as of July 31, 2022 and January 31, 2022, respectively | [1] | 103 | 103 |
Additional paid-in capital | 19,616,948 | 19,616,948 | |
Accumulated deficit | (19,681,793) | (19,655,820) | |
TOTAL STOCKHOLDERS’ DEFICIT | (54,742) | (28,769) | |
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT | |||
[1]Given effect of the Reverse Stock Split, See Note 6 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares | Jul. 31, 2022 | Jan. 31, 2022 |
Statement of Financial Position [Abstract] | ||
Preferred stock, par value | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, shares issued | 10,000,000 | 10,000,000 |
Preferred stock, shares outstanding | 10,000,000 | 10,000,000 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 103,103 | 103,103 |
Common Stock, Shares, Issued | 103,103 | 103,103 |
Common Stock, Shares, Outstanding | 103,103 | 103,103 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) | 3 Months Ended | 6 Months Ended | |||
Jul. 31, 2022 | Jul. 31, 2021 | Jul. 31, 2022 | Jul. 31, 2021 | ||
Income Statement [Abstract] | |||||
REVENUES | |||||
COST OF REVENUES | |||||
GROSS PROFIT | |||||
OPERATING EXPENSES | (9,310) | (19,112) | (25,973) | (19,112) | |
LOSS FROM OPERATIONS | (9,310) | (19,112) | (25,973) | (19,112) | |
Other expense | |||||
Net loss from operations | (9,310) | (19,112) | (25,973) | (19,112) | |
Net loss | (9,310) | (19,112) | (25,973) | (19,112) | |
Other comprehensive income: | |||||
- Foreign currency translation adjustment | |||||
COMPREHENSIVE LOSS | $ (9,310) | $ (19,112) | $ (25,973) | $ (19,112) | |
Net loss per share- Basic and diluted | $ (0.09) | $ 0 | $ (0.16) | $ 0 | |
Weighted Average Number of shares outstanding | [1] | 103,103 | 103,103 | 103,103 | 103,103 |
[1]Given effect of the Reverse Stock Split, See Note 6 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total | |
Beginning balance, value at Jan. 31, 2021 | $ 10,000 | $ 103 | $ 19,616,948 | $ (19,627,051) | ||
Beginning balance, shares at Jan. 31, 2021 | 10,000,000 | 103,103 | [1] | |||
Net loss | ||||||
Ending balance, value at Apr. 30, 2021 | $ 10,000 | $ 103 | 19,616,948 | (19,627,051) | ||
Ending balance, shares at Apr. 30, 2021 | 10,000,000 | 101,103 | [1] | |||
Beginning balance, value at Jan. 31, 2021 | $ 10,000 | $ 103 | 19,616,948 | (19,627,051) | ||
Beginning balance, shares at Jan. 31, 2021 | 10,000,000 | 103,103 | [1] | |||
Net loss | (19,112) | |||||
Ending balance, value at Jul. 31, 2021 | $ 10,000 | $ 103 | 19,616,948 | (19,646,163) | (19,112) | |
Ending balance, shares at Jul. 31, 2021 | 10,000,000 | 101,103 | [1] | |||
Beginning balance, value at Apr. 30, 2021 | $ 10,000 | $ 103 | 19,616,948 | (19,627,051) | ||
Beginning balance, shares at Apr. 30, 2021 | 10,000,000 | 101,103 | [1] | |||
Net loss | (19,112) | (19,112) | ||||
Ending balance, value at Jul. 31, 2021 | $ 10,000 | $ 103 | 19,616,948 | (19,646,163) | (19,112) | |
Ending balance, shares at Jul. 31, 2021 | 10,000,000 | 101,103 | [1] | |||
Beginning balance, value at Jan. 31, 2022 | $ 10,000 | $ 103 | 19,616,948 | (19,655,820) | (28,769) | |
Beginning balance, shares at Jan. 31, 2022 | 10,000,000 | 103,103 | ||||
Net loss | (16,663) | (16,663) | ||||
Ending balance, value at Apr. 30, 2022 | $ 10,000 | $ 103 | 19,616,948 | (19,672,483) | (45,432) | |
Ending balance, shares at Apr. 30, 2022 | 10,000,000 | 103,103 | ||||
Beginning balance, value at Jan. 31, 2022 | $ 10,000 | $ 103 | 19,616,948 | (19,655,820) | (28,769) | |
Beginning balance, shares at Jan. 31, 2022 | 10,000,000 | 103,103 | ||||
Net loss | (25,973) | |||||
Ending balance, value at Jul. 31, 2022 | $ 10,000 | $ 103 | 19,616,948 | (19,681,793) | (54,742) | |
Ending balance, shares at Jul. 31, 2022 | 10,000,000 | 103,103 | ||||
Beginning balance, value at Apr. 30, 2022 | $ 10,000 | $ 103 | 19,616,948 | (19,672,483) | (45,432) | |
Beginning balance, shares at Apr. 30, 2022 | 10,000,000 | 103,103 | ||||
Net loss | (9,310) | (9,310) | ||||
Ending balance, value at Jul. 31, 2022 | $ 10,000 | $ 103 | $ 19,616,948 | $ (19,681,793) | $ (54,742) | |
Ending balance, shares at Jul. 31, 2022 | 10,000,000 | 103,103 | ||||
[1]Given effect of the Reverse Stock Split, See Note 6 |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 6 Months Ended | |
Jul. 31, 2022 | Jul. 31, 2021 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ||
Net loss | $ (25,973) | $ (19,112) |
Adjustments to reconcile net loss to net cash used in operating activities | ||
Stock-based compensation | ||
Changes in operating assets and liabilities: | ||
Accounts payable | ||
Accrued liabilities and other payables | 5,050 | 7,015 |
Net cash used in operating activities | (20,923) | (12,097) |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||
Proceeds from related parties loans | 20,923 | 12,097 |
Net cash used in financing activities | 20,923 | 12,097 |
Effect of exchange rate changes on cash and cash equivalents | ||
Net change in cash and cash equivalents | ||
Cash and cash equivalents, beginning of period | ||
CASH AND CASH EQUIVALENTS, END OF PERIOD | ||
SUPPLEMENTAL CASH FLOWS INFORMATION | ||
Cash paid for income taxes | ||
Cash paid for interest paid |
ORGANIZATION AND BUSINESS BACKG
ORGANIZATION AND BUSINESS BACKGROUND | 6 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
ORGANIZATION AND BUSINESS BACKGROUND | NOTE 1 – ORGANIZATION AND BUSINESS BACKGROUND Lvpai Group Limited, a Nevada corporation (“LVPA”, “the Company”, “we”, “us”) has been dormant since November 2011. On March 16, 2020, as a result of a custodianship in Clark County, Nevada, Case Number: A-20-809716-B, Custodian Ventures LLC (“Custodian”) was appointed custodian of the Company. On March 17, 2020, Custodian appointed David Lazar as the Company’s Chief Executive Officer, President, Secretary, Chief Financial Officer, Chief Executive Officer, and Chairman of the Board of Directors. On January 25, 2021, as a result of a private transactions, 10,000,000 0.001 200 86.95% 250,000 65,503 On January 25, 2021, David Lazar, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary, and a Director. At the effective date of the transfer, Yang Fuzhu consented to act as the new President, CEO, CFO, Treasurer, Secretary and Chairman of the Board of Directors of the Company. On August 12, 2022, as a result of two private transactions, (i) 4,000,000 shares of Series A Preferred Stock, $0.001 par value per share (the “Shares”) of the Company, were transferred from Yang Fuzhu to Chen Yuanhang and (ii) 1,000,000 Shares were transferred to Frank Chen (together, the “Purchasers”). As a result, the Purchasers became holders of an aggregate of approximately 43.48% of the voting rights of the issued and outstanding share capital of the Company and Yang Fuzhu retained 43.48% of the voting rights of the Company and is no longer the controlling shareholder. 172,500 On August 12, 2022, the existing director and officer resigned immediately. Accordingly, Yang Fuzhu, serving as a director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary. At the effective date of the transfer, Chen Yuanhang consented to act as the new Chief Executive Officer, President, and a Director of the Company, and Zhang Wenmin consented to act as the new Chief Financial Officer of the Company. The Company’s accounting year-end is January 31. |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN | 6 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN | NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN The accompanying unaudited condensed consolidated financial statements reflect the application of certain significant accounting policies as described in this note and elsewhere in the accompanying consolidated financial statements and notes. ● Basis of presentation The accompanying financial statements have been prepared in accordance with the Financial Accounting Standards Board (“ FASB ”) “FASB Accounting Standard Codification™” (the “ Codification ”) which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“ GAAP ”) in the United States. ● Going concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve-month period following the date of these financial statements. The Company has incurred operating losses since inception. As of July 31, 2022 the Company had negative retained earnings of 19,681,793 Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. There is no assurance that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. ● Use of estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities, the liability for the excess share issuance, and disclosure of contingent assets and liabilities at the date of the financial statements. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. ● Reclassification Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations. LVPAI GROUP LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JULY 31, 2022 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) ● Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. On July 31, 2022, and January 31, 2022, the Company’s cash equivalents totaled $ 0 and $ 0 , respectively. ● Revenue recognition On July 1, 2018, the Company adopted Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”). Results for reporting periods beginning after January 1, 2018, are presented under ASC 606. As of and for the year ended July 31, 2022 the financial statements were not impacted due to the application of Topic 606 because the Company had no revenues. ● Income taxes The Company accounts for income taxes under FASB ASC 740, “Accounting for Income Taxes” “Accounting for Uncertainty in Income Taxes” The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company assesses the validity of its conclusions regarding uncertain tax positions quarterly to determine if facts or circumstances have arisen that might cause it to change its judgment regarding the likelihood of a tax position’s sustainability under audit. ● Stock-based Compensation The Company accounts for stock-based compensation using the fair value method following the guidance outlined in Section 718-10 of the FASB Accounting Standards Codification for disclosure about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service. ● Net loss per share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260, “Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. ● Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. ● Recent accounting pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Codification Improvements Codification Improvements to Topic 842, Leases (Topic 842) Targeted Improvements, We adopted ASC 842 on July 1, 2020. The adoption of this guidance did not have any impact on our financial statements. ● Stockholders’ Equity and Accrued Liability Excess Stock Issuance The Company has authorized 103,103 0.001 103,103 On March 1, 2021, the Company issued 10,000,000 0.001 LVPAI GROUP LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JULY 31, 2022 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) |
ACCRUED LIABILITIES
ACCRUED LIABILITIES | 6 Months Ended |
Jul. 31, 2022 | |
Payables and Accruals [Abstract] | |
ACCRUED LIABILITIES | NOTE 3 - ACCRUED LIABILITIES SCHEDULE OF ACCRUED LIABILITIES As of July 31, 2022 January 31, 2022 (Unaudited) (Audited) ACCRUED LIABILITIES $ 9,320 $ - TOTAL ACCRUED LIABILITIES $ 9,320 $ - The accrued liabilities included the 10-Q review fee, FA consulting fee, M2 edgar filing fee and share agency fee. |
AMOUNT DUE TO THE RELATED PATIE
AMOUNT DUE TO THE RELATED PATIES | 6 Months Ended |
Jul. 31, 2022 | |
Related Party Transactions [Abstract] | |
AMOUNT DUE TO THE RELATED PATIES | NOTE 4 - AMOUNT DUE TO THE RELATED PATIES SCHEDULE OF AMOUNT DUE TO RELATED PARTIES As of July 31, 2022 January 31, 2022 (Unaudited) (Audited) Mr. Yang Fuzhu (Shareholder & former director) $ 24,499 $ - Mr. Chen Yanghang (Shareholder & director) 20,923 - TOTAL AMOUNT DUE TO THE RELATED PARTIES $ 45,422 $ - The amount due are unsecured, interest-free with no fixed payment term, for working capital purpose. |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN (Policies) | 6 Months Ended |
Jul. 31, 2022 | |
Accounting Policies [Abstract] | |
Basis of presentation | ● Basis of presentation The accompanying financial statements have been prepared in accordance with the Financial Accounting Standards Board (“ FASB ”) “FASB Accounting Standard Codification™” (the “ Codification ”) which is the source of authoritative accounting principles recognized by the FASB to be applied by nongovernmental entities in the preparation of financial statements in conformity with generally accepted accounting principles (“ GAAP ”) in the United States. |
Going concern | ● Going concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve-month period following the date of these financial statements. The Company has incurred operating losses since inception. As of July 31, 2022 the Company had negative retained earnings of 19,681,793 Management anticipates that the Company will be dependent, for the near future, on additional investment capital to fund operating expenses. There is no assurance that the Company will be successful in this or any of its endeavors or become financially viable and continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. |
Use of estimates | ● Use of estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities, the liability for the excess share issuance, and disclosure of contingent assets and liabilities at the date of the financial statements. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. |
Reclassification | ● Reclassification Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations. LVPAI GROUP LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JULY 31, 2022 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) |
Cash and cash equivalents | ● Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. On July 31, 2022, and January 31, 2022, the Company’s cash equivalents totaled $ 0 and $ 0 , respectively. |
Revenue recognition | ● Revenue recognition On July 1, 2018, the Company adopted Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers (“ASC 606”). Results for reporting periods beginning after January 1, 2018, are presented under ASC 606. As of and for the year ended July 31, 2022 the financial statements were not impacted due to the application of Topic 606 because the Company had no revenues. |
Income taxes | ● Income taxes The Company accounts for income taxes under FASB ASC 740, “Accounting for Income Taxes” “Accounting for Uncertainty in Income Taxes” The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company assesses the validity of its conclusions regarding uncertain tax positions quarterly to determine if facts or circumstances have arisen that might cause it to change its judgment regarding the likelihood of a tax position’s sustainability under audit. |
Stock-based Compensation | ● Stock-based Compensation The Company accounts for stock-based compensation using the fair value method following the guidance outlined in Section 718-10 of the FASB Accounting Standards Codification for disclosure about Stock-Based Compensation. This section requires a public entity to measure the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees do not render the requisite service. |
Net loss per share | ● Net loss per share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260, “Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. |
Related parties | ● Related parties Parties, which can be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence. |
Recent accounting pronouncements | ● Recent accounting pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) Codification Improvements Codification Improvements to Topic 842, Leases (Topic 842) Targeted Improvements, We adopted ASC 842 on July 1, 2020. The adoption of this guidance did not have any impact on our financial statements. |
Stockholders’ Equity and Accrued Liability Excess Stock Issuance | ● Stockholders’ Equity and Accrued Liability Excess Stock Issuance The Company has authorized 103,103 0.001 103,103 On March 1, 2021, the Company issued 10,000,000 0.001 LVPAI GROUP LIMITED NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JULY 31, 2022 (Currency expressed in United States Dollars (“US$”), except for number of shares) (Unaudited) |
ACCRUED LIABILITIES (Tables)
ACCRUED LIABILITIES (Tables) | 6 Months Ended |
Jul. 31, 2022 | |
Payables and Accruals [Abstract] | |
SCHEDULE OF ACCRUED LIABILITIES | SCHEDULE OF ACCRUED LIABILITIES As of July 31, 2022 January 31, 2022 (Unaudited) (Audited) ACCRUED LIABILITIES $ 9,320 $ - TOTAL ACCRUED LIABILITIES $ 9,320 $ - |
AMOUNT DUE TO THE RELATED PAT_2
AMOUNT DUE TO THE RELATED PATIES (Tables) | 6 Months Ended |
Jul. 31, 2022 | |
Related Party Transactions [Abstract] | |
SCHEDULE OF AMOUNT DUE TO RELATED PARTIES | SCHEDULE OF AMOUNT DUE TO RELATED PARTIES As of July 31, 2022 January 31, 2022 (Unaudited) (Audited) Mr. Yang Fuzhu (Shareholder & former director) $ 24,499 $ - Mr. Chen Yanghang (Shareholder & director) 20,923 - TOTAL AMOUNT DUE TO THE RELATED PARTIES $ 45,422 $ - |
ORGANIZATION AND BUSINESS BAC_2
ORGANIZATION AND BUSINESS BACKGROUND (Details Narrative) - Series A Preferred Stock [Member] - USD ($) | Aug. 12, 2022 | Jan. 25, 2021 |
Private Transaction [Member] | ||
Ownership percentage | 86.95% | |
Private Transaction [Member] | ||
Shares issued in transaction, shares | 10,000,000 | |
Sale of stock price per share | $ 0.001 | |
Shares issued upon conversion | 200 | |
Proceeds from issuance of stock | $ 172,500 | $ 250,000 |
Business combination, separately recognized transactions, description | (i) 4,000,000 shares of Series A Preferred Stock, $0.001 par value per share (the “Shares”) of the Company, were transferred from Yang Fuzhu to Chen Yuanhang and (ii) 1,000,000 Shares were transferred to Frank Chen (together, the “Purchasers”). As a result, the Purchasers became holders of an aggregate of approximately 43.48% of the voting rights of the issued and outstanding share capital of the Company and Yang Fuzhu retained 43.48% of the voting rights of the Company and is no longer the controlling shareholder. | |
Private Transaction [Member] | David Lazar [Member] | ||
Debt forgiven | $ 65,503 |
SUMMARY OF SIGNIFICANT ACCOUN_3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN (Details Narrative) - USD ($) | Jul. 31, 2022 | Jan. 31, 2022 | Mar. 01, 2021 |
Accounting Policies [Abstract] | |||
Accumulated deficit | $ 19,681,793 | $ 19,655,820 | |
Cash equivalents | $ 0 | $ 0 | |
Common stock, shares authorized | 103,103 | 103,103 | |
Common stock, par value | $ 0.001 | $ 0.001 | |
Common stock, shares issued | 103,103 | 103,103 | |
Common stock, shares outstanding | 103,103 | 103,103 | |
Preferred stock, shares issued | 10,000,000 | 10,000,000 | 10,000,000 |
Preferred stock, par value | $ 0.001 | $ 0.001 | $ 0.001 |
SCHEDULE OF ACCRUED LIABILITIES
SCHEDULE OF ACCRUED LIABILITIES (Details) - USD ($) | Jul. 31, 2022 | Jan. 31, 2022 |
Payables and Accruals [Abstract] | ||
ACCRUED LIABILITIES | $ 9,320 | |
TOTAL ACCRUED LIABILITIES | $ 9,320 |
SCHEDULE OF AMOUNT DUE TO RELAT
SCHEDULE OF AMOUNT DUE TO RELATED PARTIES (Details) - USD ($) | Jul. 31, 2022 | Jan. 31, 2022 |
Related Party Transaction [Line Items] | ||
TOTAL AMOUNT DUE TO THE RELATED PARTIES | $ 45,422 | |
Mr.Yang Fuzhu [Member] | ||
Related Party Transaction [Line Items] | ||
TOTAL AMOUNT DUE TO THE RELATED PARTIES | 24,499 | |
Mr.Chen Yanghang [Member] | ||
Related Party Transaction [Line Items] | ||
TOTAL AMOUNT DUE TO THE RELATED PARTIES | $ 20,923 |