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

9. Discontinued Operations (Details - Nova sale)

v3.19.1
9. Discontinued Operations (Details - Nova sale) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Disclosure of subsidiaries [line items]      
Rental Income $ 2,403,475 $ 2,561,322 $ 2,508,586 [1]
Expenses (1,449,902) (2,143,524) (2,248,834) [1]
Loss on sale of subsidiary $ 0 (135,200) 0
Loss from discontinued operations   $ (754,069) $ (225,447) [1]
Basic loss per share from discontinued operations $ 0.00 $ (0.39) $ (0.12) [1]
Diluted loss per share from discontinued operations $ 0.00 $ (0.39) $ (0.12) [1]
Nova [Member]      
Disclosure of subsidiaries [line items]      
Rental Income   $ 167,940 $ 128,261
Other revenues   24,842 2,766
Expenses   (318,211) (149,000)
Net fair value loss on revaluation of investment property   (84,150) (71,968)
Operating (loss)/income   (209,579) (89,941)
Finance costs   (146,249) (213,108)
Loss before tax from discontinued operations   (355,828) (303,049)
Tax expenses, current   144 71,772
Deferred tax (expense)/credit   (8,250) 5,830
Net loss from discontinued operations   (363,934) (225,447)
Loss on sale of subsidiary   (135,200) 0
Loss on foreign currency exchange on discontinued operation   (254,935) 0
Loss from discontinued operations   $ (754,069) $ (225,447)
Basic loss per share from discontinued operations   $ (0.39) $ (0.12)
Diluted loss per share from discontinued operations   $ (0.39) $ (0.12)
Net operating cash flow from discontinued operations   $ 61,784 $ (92,130)
Net investing cash flow from discontinued operations   0 162,769
Net financing cash flow from discontinued operations   (46,376) (69,770)
Net cash inflow/(outflow)   $ 15,408 $ 869
[1] Restated for discontinued operations (see note 9 - Discontinued Operations)