No business operations and no cash resources. Look like VEZHONG making it move but still Nothing here yet.
Aug 11, 2021 — "Stock Purchase Agreement") by and among the Company, VEZHONG LIMITED, a British Virgin Islands company, JW Asset Management Limited https://fintel.io/sfs/us/shnl
Revenue
For the three months ending March 31, 2021, the Company generated $0 in revenues. For the three months ended March 31, 2020, the Company generated $0 in revenues.
Expenses
For the three months ended March 31, 2021, we incurred no operating expenses as compared to $10,530 for the three months ended March 31, 2020. This decrease is mainly due the Company suspending activity and funding during the three months period.
$0.
Net loss
For the three months ended March 31, 2021 we incurred a net loss of $0 compared to a net loss of $10,530 for the three months ended March 31, 2020. This decrease is mainly due the Company suspending activity and funding during the three months period.
Liquidity and Capital Resources
As of March 31, 2021, the Company has no business operations and no cash resources other than that provided by Management. We are dependent upon interim funding provided by Management or our controlling shareholder to pay professional fees and expenses. Our Management and our controlling shareholder have agreed to provide funding as may be required to pay for accounting fees and other administrative expenses of the Company until the Company enters into a business combination. The Company would be unable to continue as a going concern without interim financing provided by Management. As of March 31, 2021, we had $0 in cash held in trust by the Company’s attorney. As of March 31, 2020, we had $0 in cash.
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