v3.19.3

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 5,366,277	$ 120,796
Other assets and receivables	4,076,723	4,173,385
Real estate property completed	28,666,277	29,791,090
Real estate properties and land lots under development	332,419,076	345,326,408
Property and equipment, net	27,407	30,610
Deferred tax assets	7,118,961	6,604,801
Total Assets	377,674,721	386,047,090
Liabilities
Accounts payable	5,004,910	5,201,293
Due to related parties	39,116,478	38,719,890
Other taxes payable	24,249	12,600
Other payables and accrued liabilities	30,888,093	25,285,710
Real estate property refund and compensation payables	27,946,293	28,005,723
Convertible notes	75,000,000	75,583,650
Loans payable	40,246,769	41,825,980
Total Liabilities	218,226,792	214,634,846
Equity
Preferred stock at $0.0001 par value; 100,000,000 shares authorized; none issued or outstanding
Common stock at $0.0001 par value; 500,000,000 shares authorized; 179,528,638 and 172,532,565 shares, respectively issued and outstanding at September 30, 2019 and December 31, 2018	17,953	17,253
Additional paid-in capital	251,462,137	245,071,159
Accumulated losses	(63,183,402)	(54,954,952)
Accumulated other comprehensive loss	(28,848,759)	(18,721,216)
Total Equity	159,447,929	171,412,244
Total Liabilities and Equity	$ 377,674,721	$ 386,047,090

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

Yangtze River Port & Logistics Ltd 10-Q