v3.19.1

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current assets:
Cash	$ 2,216	$ 59,935
Accounts receivable	618	3,592
Inventory	81,279	66,328
Other current assets	3,323	1,936
Total current assets	87,436	131,791
Office deposit	8,042	8,343
Deposit - land contract	271,110	166,143
Construction in progress	20,646	21,420
Property and equipment, net	245,313	259,674
Total assets	632,547	587,371
Current liabilities:
Accounts payable and accrued liabilities	6,751	4,429
Due to a related party	43,720	50,270
Loans from directors	1,236,719	931,449
Loans payable, current portion	10,396	10,927
Total current liabilities	1,297,586	997,075
Long term liabilities:
Loans payable, non-current	13,538	25,113
Total liabilities	1,311,124	1,022,188
Stockholders’ Equity (Deficit):
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; 500,000 and 0 shares issued and outstanding, respectively	50
Common stock, $0.0001 par value, 1,000,000,000 shares authorized, 120,100,000 and 10,100,000 shares issued and outstanding, respectively	12,010	1,010
Additional paid-in capital	238,044	249,044
Accumulated deficit	(891,669)	(633,895)
Accumulated other comprehensive loss	(37,012)	(50,976)
Total stockholders’ deficit	(678,577)	(434,817)
Total liabilities and stockholders’ deficit	$ 632,547	$ 587,371

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

ANDES 7 INC. 10-K