Quarterly report pursuant to Section 13 or 15(d)

Parent Company Financial Information (Tables)

v3.19.3
Parent Company Financial Information (Tables)
3 Months Ended
Sep. 30, 2019
Condensed Financial Information Disclosure [Abstract]  
Schedule of Balance Sheet
    September 30,
2019 (Unaudited)
    June 30,
2019
 
Cash   $ 578,684     $ 6,751,557  
Long term investment     4,500,480       4,500,480  
Other receivable and prepaid expense     20,000       -  
Escrow     600,000       600,000  
Total Assets   $ 5,699,164     $ 5,772,037  
                 
Accrued expenses and other payables   $ 750     $ 750  
Total liabilities     750       750  
                 
Common stock     20,944       20,944  
Additional paid-in capital     5,739,948       5,739,948  
                 
Deficit     (62,478 )     (10,395 )
Total Stockholders' Equity     5,698,414       5,771,287  
                 
Total Liabilities and Stockholders' Equity   $ 5,699,164     $ 5,772,037  
Schedule of Income Statements
    Three Months Ended
September 30,
(Unaudited)
 
    2019     2018  
Revenue   $ -     $         -  
Cost of goods sold     -       -  
Gross profit     -       -  
                 
Selling expenses     -       -  
General and administrative expenses     75,458       -  
Total operating expenses:     75,458       -  
                 
Other income(expense):                
Other (expense)     (165 )        
Interest income     2,750       -  
Total other income     2,585       -  
                 
Net loss   $ (72,873 )   $ -