| Summary of loans from related parties |
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
2021 |
|
2020 |
Loan payable to related parties for the acquisition of Wealth Dynamics |
|
|
|
|
|
|
Current portion |
|
$ |
425,551 |
|
$ |
400,000 |
Non-current portion |
|
|
— |
|
|
— |
Subtotal |
|
|
425,551 |
|
|
400,000 |
Other loans payable to related parties, current |
|
|
— |
|
|
189,502 |
Total loans payable to related parties |
|
$ |
425,551 |
|
$ |
589,502 |
|
|
|
|
|
|
|
|
|
|
As of December 31, |
|
|
2020 |
|
2019 |
Loan payable to related parties for the acquisition of Entrepreneurs Institute |
|
|
|
|
|
|
Current portion |
|
$ |
400,000 |
|
$ |
400,000 |
Non-current portion |
|
|
— |
|
|
400,000 |
Subtotal |
|
|
400,000 |
|
|
800,000 |
Other loans payable to related parties, current |
|
|
189,502 |
|
|
32,800 |
Total loans payable to related parties |
|
$ |
589,502 |
|
$ |
832,800 |
|