Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)

v3.10.0.1
CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY (Tables)
12 Months Ended
Sep. 30, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Condensed Balance Sheet [Table Text Block]
Balance Sheets
 
 
 
As of September 30,
 
 
 
2018
 
 
2017
 
ASSETS
 
 
 
 
 
 
 
 
Cash and cash equivalent
 
$
53
 
 
$
55
 
Total current assets
 
 
53
 
 
 
55
 
Due from subsidiaries
 
 
13,879,746
 
 
 
5,581,999
 
Intangible Assets
 
 
501,000
 
 
 
-
 
Total assets
 
$
14,380,799
 
 
$
5,582,054
 
 
 
 
 
 
 
 
 
 
STOCKHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
Common stock, no par value, 50,000,000 shares
authorized, 16,528,037 and
13,068,346 shares issued and outstanding, respectively
 
$
-
 
 
$
-
 
Additional paid-in capital
 
 
15,402,915
 
 
 
5,582,099
 
Accumulated deficits
 
 
(1,022,116
)
 
 
(45
)
Total stockholders' equity
 
 
14,380,799
 
 
 
5,582,054
 
 
 
 
 
 
 
 
 
 
Total liabilities and stockholders’ equity
 
$
14,380,799
 
 
$
5,582,054
 
Condensed Income Statement [Table Text Block]
Statements of Operations and Comprehensive income
 
 
 
For the year ended September 30,
 
 
 
2018
 
 
2017
 
 
2016
 
Operating expenses:
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative expenses
 
$
1,004,070
 
 
$
45
 
 
$
-
 
Selling and marketing expense
 
 
18,001
 
 
 
 
 
 
 
 
Total operating expenses
 
 
1,022,071
 
 
 
45
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss and comprehensive loss
 
$
1,022,071
 
 
$
(45
)
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per common share – basic and diluted
 
$
-
 
 
$
-
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding – basic
 
 
13,610,046
 
 
 
10,970,000
 
 
 
9,000,000
 
Weighted average number of common shares outstanding – diluted
 
 
13,629,517
 
 
 
10,973,674
 
 
 
9,000,000
 
Condensed Cash Flow Statement [Table Text Block]
Statements of Cash Flows
 
 
 
For the year ended September 30,
 
 
 
2018
 
 
2017
 
 
2016
 
Cash flows used in operating activities
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(1,022,071
)
 
$
(45
)
 
$
-
 
Non-cash Item
 
 
342,137
 
 
 
 
 
 
 
 
 
Net cash used in operating activities
 
 
(679,934
)
 
 
(45
)
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash flows provided by financing activities
 
 
 
 
 
 
 
 
 
 
 
 
Cash received from Share Issuances, deduct related costs
 
 
(380,000
)
 
 
5,582,099
 
 
 
-
 
Cash advanced from subsidiaries
 
 
1,980,934
 
 
 
 
 
 
 
 
 
Cash advanced to subsidiaries
 
 
(677,863
)
 
 
(5,581,999
)
 
 
-
 
Net cash provided by financing activities  
 
 
923,071
 
 
 
100
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash flows used in investing activities
 
 
 
 
 
 
 
 
 
 
 
 
Cash invested to intangible assets
 
 
(501,000
)
 
 
-
 
 
 
-
 
Proceeds received from sale of intangible assets
 
 
257,863
 
 
 
 
 
 
 
 
 
Net cash used in financing activities  
 
 
(243,137
)
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of exchange rate changes on cash
 
 
-
 
 
 
-
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Decrease in cash and cash equivalents
 
 
(2
)
 
 
55
 
 
 
-
 
Cash and cash equivalents, beginning of year  
 
 
55
 
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents, end of year  
 
$
53
 
 
$
55
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Supplemental Cash Flows Information:
 
 
 
 
 
 
 
 
 
 
 
 
Non-cash financing activities (refer to share issuance activities)
 
9,842,676
 
 
-
 
 
-
 
Income tax paid
 
$
-
 
 
$
-
 
 
$
-
 
Interest paid
 
$
-
 
 
$
-
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-cash investing and financing activities:
 
 
 
 
 
 
 
 
 
 
 
 
Shares issued to founders
 
$
-
 
 
$
-
 
 
$