| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 |
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income (loss) | ||||||
438,632 | 452,781 | 190,391 | -367,409 | 0 | 0 | 0 |
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Common stock issued for service | ||||||
11,110 | 13,332 | 13,333 | 12,222 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
0 | 0 | - | - | - | - | - |
Accrued expenses | ||||||
0 | 0 | - | - | - | 0 | 0 |
Accrued expenses - related parties | ||||||
43,821 | 71,029 | -2,249 | 14,074 | 0 | 0 | 0 |
Tax payable | ||||||
0 | 0 | - | - | - | - | - |
Net cash provided by (used in) operating activities | ||||||
989,259 | 578,244 | 134,610 | -318,036 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||
Escrow deposit | ||||||
0 | 0 | - | - | - | - | - |
Investment of government securities held in Trust Account | ||||||
0 | 0 | - | - | - | - | - |
Net cash (used in) investing activities | ||||||
0 | 0 | - | - | - | - | - |
Cash flows from financing activities: | ||||||
Collection of subscription receivable | ||||||
- | - | -219 | 0 | 0 | 0 | - |
Common stock issued for cash | ||||||
- | - | - | - | - | - | 0 |
Other receivable | ||||||
- | - | -219 | 0 | 0 | 0 | - |
Net cash provided by financing activities | ||||||
- | - | 117,367,380 | 117,754,139 | 0 | 0 | 0 |
Net increase/(decrease) in cash and cash equivalents | ||||||
1,073,550 | 1,350,454 | 776,346 | 2,178,255 | 0 | 0 | 0 |