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    Formulario 10-Q DBUB GROUP, INC Para: 30 de septiembre
    Tipo de Cambio de Divisas

    Formulario 10-Q DBUB GROUP, INC Para: 30 de septiembre

    Robert SantosBy Robert Santosnoviembre 15, 2019No hay comentarios69 Mins Read
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    VALORES DE ESTADOS UNIDOS
    Y COMISIÓN DE INTERCAMBIO

    Washington,
    D.C.20549

    FORMULARIO 10-Q

    Mark One

    ☒
    INFORME TRIMESTRAL SEGÚN LA SECCIÓN 13 O 15 (d) DE LA LEY DE CAMBIO DE VALORES DE 1934

    Para el trimestral
    período terminado el 30 de septiembre de 2019

    o

    ☐
    INFORME DE TRANSICIÓN DE ACUERDO CON LA SECCIÓN 13 O 15 (d) DE LA LEY DE INTERCAMBIO DE VALORES DE 1934

    Para la transición
    período de ______ a _______

    COMISIÓN
    ARCHIVO NO. 000-28767

    DBUB
        GROUP, INC.
    (Exacto
        nombre del registrante como se especifica en su carta)

    Nevada 88-0403070
    (Estado u otra jurisdicción de incorporación) (Número de identificación del empleador del IRS)

    108 ShangCheng
    Road, Suite 2-2204

    Pudong
    Nuevo distrito, Shanghai, China 200120

    (Dirección del director
    Oficinas ejecutivas)

    +086-156-18521412

    N / A

    (Nombre anterior,
    dirección anterior y año fiscal anterior, si ha cambiado desde el último informe)

    Valores registrados
    De conformidad con la Sección 12 (b) de la Ley:

    Título
        de cada clase
    Comercio
        Símbolo (s)
    Nombre
        de cada intercambio en el que se registró
    N / A

    Indicar por
    marque si el solicitante de registro (1) ha presentado todos los informes que debe presentar la Sección 13 o 15 (d) de la Bolsa de Valores
    Ley de 1934 durante los 12 meses anteriores (o por un período tan corto que se requirió que el solicitante de registro presente dichos informes),
    y (2) ha estado sujeto a dichos requisitos de presentación durante los últimos 90 días.

    si ☒
    No ☐

    Indicar por
    marque si el solicitante de registro ha enviado electrónicamente todos los archivos de datos interactivos que deben presentarse de conformidad con
    La Regla 405 del Reglamento S-T (§232.405 de este capítulo) durante los 12 meses anteriores (o por un período tan corto que el
    se requirió que el registrante presentara y publicara dichos archivos).

    si ☒
    No ☐

    Indicar por
    marque si el solicitante de registro es un archivador acelerado grande, un archivador acelerado, un archivador no acelerado, un informe más pequeño
    empresa, o una empresa de crecimiento emergente. Consulte las definiciones de "archivador acelerado grande", "archivador acelerado"
    "Empresa de informes más pequeña" y "empresa de crecimiento emergente" en la Regla 12b-2 de la Ley de Intercambio.

    Filer acelerado grande ☐ Archivador acelerado ☐
    Archivador no acelerado ☒ Empresa de informes más pequeña ☒
    Empresa de crecimiento emergente ☒

    Si un emergente
    compañía de crecimiento, indique con una marca de verificación si el solicitante de registro ha elegido no utilizar el período de transición extendido para cumplir con
    cualquier estándar de contabilidad financiera nuevo o revisado provisto de conformidad con la Sección 13 (a) de la Ley de Intercambio. ☐

    Indicar por
    marque si el solicitante de registro es una empresa fantasma (como se define en la Regla 12b-2 de la Ley de Intercambio).

    si ☐
    No ☒

    A partir de noviembre
    14, 2019, había 20,965,106 acciones comunes, $ 0.001 valor nominal, emitidas y en circulación.

    TABLA DE CONTENIDO

    Página
    Número
    PARTE
        YO.
    ARTICULO
        1)
    Financiero
        Declaraciones (sin auditar)
    2
    ARTICULO
        2)
    De la gerencia
        Discusión y Análisis de Condición Financiera y Resultados de Operaciones
    19
    ARTICULO
        3)
    Cuantitativo
        y divulgaciones cualitativas sobre el riesgo de mercado
    24
    ARTICULO
        4)
    Controles
        y procedimientos
    24
    PARTE
        II
    ARTICULO
        1)
    Legal
        Actas
    25
    ARTICULO
        1A.
    Riesgo
        Factores
    25
    ARTICULO
        2)
    No registrado
        Venta de valores de renta variable y uso de los ingresos
    25
    ARTICULO
        3)
    Valores predeterminados
        Sobre Valores Senior.
    25
    ARTICULO
        4)
    Mía
        Divulgaciones de seguridad.
    25
    ARTICULO
        5)
    Otro
        Información.
    25
    ARTICULO
        6)
    Exhibiciones 26
    Firmas 27

    DBUB
        GRUPO, INC. Y SUBSIDIARIAS
    CONSOLIDADO
        BALANZAS

    SEPTIEMBRE
                                             30,

    2019

    DICIEMBRE
                                             31,

    2018

    (NO AUDITADO)
    BIENES
    ACTIVOS CIRCULANTES
    Efectivo
        y equivalentes
    PS 1,558,935 PS 1,554,049
    Otro
        cuentas por cobrar
    7.114 305,523
    Pagado por adelantado
        gastos
    81,607 341,089
    Depósitos 325 606,336
    Avanzar
        a la parte relacionada
    221,154 33,693
    Total
        activos circulantes
    1,869,135 2,840,690
    ACTIVOS NO CORRIENTES
    Fijo
        activos netos
    240,829 108,006
    Intangible
        activos netos
    114,722 20,354
    Total
        activos no corrientes
    355,551 128,360
    TOTAL
        BIENES
    PS 2,224,686 PS 2.969.050
    PASIVO
        Y DÉFICIT DE ACCIONISTAS
    PASIVO CIRCULANTE
    Cuentas
        pagadero
    PS – PS 11,837
    Avanzar
        de clientes
    – 4,362
    Acumulado
        gastos y otras cuentas por pagar
    257,266 402,976
    Ingresos
        impuesto por pagar
    91 91 990
    Avanzar
        de partes relacionadas
    4,261,090 3,231,871
    Total
        pasivo
    4,518,447 3,652,036
    DÉFICIT DE ACCIONISTAS
    Común
        acciones, valor nominal de $ 0.001, 50,000,000 acciones autorizadas, 20,965,106 y 20,935,106 acciones emitidas y en circulación a septiembre
        30, 2019 y 31 de diciembre de 2018, respectivamente
    20,965 20,935
    Adicional
        pagado en capital
    29,147,316 29,145,246
    Otro
        resultado integral acumulado
    82,943 22,939
    Acumulado
        déficit
    (31,544,985 ) (29,872,106 )
    Total
        déficit de accionistas
    (2,293,761 ) (682,986 )
    TOTAL
        PASIVO Y DÉFICIT DE ACCIONISTAS
    PS 2,224,686 PS 2.969.050

    Ver
    notas adjuntas a los estados financieros.

    DBUB
        GRUPO, INC. Y SUBSIDIARIAS
    CONSOLIDADO
        ESTADOS DE OPERACIONES E INGRESOS INTEGRALES (PÉRDIDAS)
    (NO AUDITADO)
    NUEVE
        MESES TERMINADOS EL 30 DE SEPTIEMBRE
    TRES
        MESES TERMINADOS EL 30 DE SEPTIEMBRE
    2019 2018 2019 2018
    Ingresos PS –
    PS –
    PS –
    PS –
    Costo de los ingresos –
    –
    –
    –
    Bruto
        lucro
    – – – –
    General
        y gastos administrativos
    1.322.806 338,180 682,949 201,689
    Pérdida
        de operaciones
    (1.322.806 ) (338,180 ) (682,949 ) (201,689 )
    Otro
        gastos (ingresos)
    Interesar
        ingresos
    637 617 234 617
    Interesar
        gastos
    (449,981 ) – (189,099 ) –
    Banco
        cargar
    (3,415 ) – (620 ) –
    Otro
        ingresos
    102,686 813 54,817 1,193
    Total
        otros ingresos (gastos), neto
    (350,073 ) 1,430 (134,668 ) 1,810
    Pérdida
        de continuar las operaciones antes de impuestos
    (1,672,879 ) (336,750 ) (817,617 ) (199,879 )
    Ingresos
        impuesto
    – – – –
    Pérdida
        de operaciones continuas
    (1,672,879 ) (336,750 ) (817,617 ) (199,879 )
    Pérdida
        de operaciones de entidades descontinuadas, neto de impuesto sobre la renta
    – – – –
    Ganancia
        por disposición de operaciones discontinuadas, neto de impuestos a la renta
    – 3.855.189 – –
    Red
        ingresos (pérdidas) incluyendo intereses no controlados
    (1,672,879 ) 3,518,439 (817,617 ) (199,879 )
    Red
        pérdida atribuible a una participación no controladora
    – (39,923 ) – –
    Red
        ingresos (pérdidas) atribuibles al Grupo DBUB
    (1,672,879 ) 3,558,362 (817,617 ) (199,879 )
    Otro
        artículos integrales:
    Exterior
        ingresos por conversión de divisas atribuibles al Grupo DBUB
    60,004 13,229 59,360 12,922
    Exterior
        pérdida de conversión de moneda atribuible a intereses no controlados
    – – – –
    Exhaustivo
        ingresos (pérdidas) atribuibles al Grupo DBUB
    PS (1,612,875 ) PS 3,571,591 PS (758,257 ) PS (186,957 )
    Exhaustivo
        pérdida atribuible a una participación no controladora
    PS – PS (39,923 ) PS – PS –
    Básico
        e ingresos (pérdidas) diluidos por acción:
    Continuo
        operaciones
    PS (0.08 ) PS (0.02 ) PS (0.04 ) PS (0.01 )
    Interrumpido
        operaciones
    PS – PS 0.24 PS – PS –
    Red
        ingreso (pérdida) por acción
    PS (0.08 ) PS 0,22 PS (0.04 ) PS (0.01 )
    Promedio ponderado de acciones
        excepcional:
    Básico
        y diluido
    20,945,875 16,213,976 20,965,106 20,036,736

    Ver
    notas adjuntas a los estados financieros.

    DBUB GROUP INC. Y SUBSIDIARIAS
    DECLARACIONES DE CAMBIOS CONSOLIDADAS EN EL DÉFICIT DE ACCIONISTAS
    POR LOS NUEVE Y TRES MESES TERMINADOS EL 30 DE SEPTIEMBRE DE 2019 Y 2018 (NO AUDITADOS)
    Acciones Comunes
    Comparte Cantidad Pago adicional en capital Suscripción por cobrar Reserva estatutaria Otro integral
        Ingresos
    Déficit acumulado Total Interes no controlado
    Saldo al 1 de enero de 2019 20,935,106 PS 20,935 PS 29,145,246 PS – PS – PS 22,939 PS (29,872,106 ) PS (682,986 ) PS –
    Ajustes de conversión de moneda extranjera – – – – – (11,252 ) – (11,252 ) –
    Pérdida neta para el trimestre – – – – – – (399,765 ) (399,765 ) –
    Saldo al 31 de marzo de 2019 20,935,106 20,935 29,145,246 – – 11,687 (30,271,871 ) (1,094,003 ) –
    Ajustes de conversión de moneda extranjera – – – – – 11,896 – 11,896 –
    Pérdida neta para el trimestre – – – – – – (455,497 ) (455,497 ) –
    Saldo al 30 de junio de 2019 20,935,106 20,935 29,145,246 – – 23,583 (30,727,368 ) (1,537,604 ) –
    Emisión de acciones comunes 30,000 30 2,070 – – – – 2,100 –
    Ajustes de conversión de moneda extranjera – – – – – – – – –
    Pérdida neta para el trimestre – – – – – 59,360 (817,617 ) (758,257 ) –
    Saldo al 30 de septiembre de 2019 20,965,106 PS 20,965 PS 29,147,316 PS – PS – PS 82,943 PS (31,544,985 ) PS (2,293,761 ) PS –
    Saldo al 1 de enero de 2018 11,267,918 11,268 28,443,515 (50,000 ) 11,542,623 7,953,635 (51,980,658 ) (4,079,617 ) (76,067 )
    Ajustes de conversión de moneda extranjera – – – – – (161,882 – (161,882 ) (5,232 )
    Conversión de préstamo en acciones – – 717,887 – – – – 717,887 –
    Pérdida neta para el trimestre – – – – – – (194,550 ) (194,550 ) (25,122 )
    Saldo al 31 de marzo de 2018 11,267,918 11,268 29,161,402 (50,000 ) 11,542,623 7.791.753 (52,175,208 ) (3.718.162 ) (106,421 )
    Disposición de subsidiaria – – – 50,000 (11,542,623 ) (8.036.299 ) 19,271,533 (257,389 ) 106,421
    Ajustes de conversión de moneda extranjera – – – – – 244,853 – 244,853 –
    Conversión de préstamo en acciones 10,255,522 10,255 (10,255 ) – – – – – –
    Canje de acciones para la disposición de filiales de la RPC
        al ex CEO
    (1,738,334 ) (1,738 ) (311,162 ) – – – – (312,900 ) –
    Pérdida neta para el trimestre – – – – – – 3,952,610 3,952,610 –
    Saldo al 30 de junio de 2018 19,785,106 19,785 28,839,985 – – 307 (28,951,065 ) (90,988 ) –
    Emisión de acciones comunes 1,150,000 1,150 297,850 – – – – 299,000 –
    Ajustes de conversión de moneda extranjera – – – – – 12,922 – 12,922 –
    Pérdida neta para el trimestre – – – – – – (199,879 ) (199,879 ) –
    Saldo al 30 de septiembre de 2018 20,935,106 PS 20,935 PS 29,137,835 PS – PS – PS 13,229 PS (29,150,944 ) PS 21,055 PS –

    Ver
    notas adjuntas a los estados financieros.

    DBUB
        GRUPO, INC. Y SUBSIDIARIAS
    CONSOLIDADO
        ESTADOS DE FLUJOS DE EFECTIVO
    (NO AUDITADO)
    NUEVE
        MESES TERMINADOS EL 30 DE SEPTIEMBRE
    2019 2018
    FLUJOS DE EFECTIVO DE LA OPERACIÓN
        OCUPACIONES:
    Red
        ingresos (pérdidas) incluyendo intereses no controlados
    PS (1,672,879 ) PS 3,518,439
    Ajustes
        para conciliar los ingresos (pérdidas) netas, incluidos los intereses no controladores con el efectivo neto proporcionado por las actividades operativas:
    Valores
        compensación basada
    119,000 119,000
    Depreciación
        y amortización
    45,446 37,991
    Red
        ganancia por disposición de operaciones discontinuadas
    – (4,076,277 )
    Cambios
        en activos y pasivos:
    Otro
        cuentas por cobrar
    294,911 (2,893,359 )
    Pagado por adelantado
        gastos y depósitos
    599,286 (808,430 )
    Avanzar
        a proveedores
    4.200 (81,409 )
    Cambio
        en activos de operaciones discontinuadas
    – 269,147
    Cuentas
        pagadero
    (11,864 ) –
    Acumulado
        gastos y otras cuentas por pagar
    (199,242 ) 258,628
    Avanzar
        de clientes
    (4,372 ) –
    Ingresos
        impuesto por pagar
    (898 ) 40
    Cambio
        en pasivos de operaciones discontinuadas
    – 787,946
    Red
        efectivo utilizado en actividades operativas
    (826,412 ) (2,868,284 )
    EFECTIVO
        FLUJOS DE ACTIVIDADES DE INVERSIÓN:
    Compra
        de propiedad y equipo
    (165,250 ) (106,230 )
    Compra
        de propiedad y equipo – operaciones discontinuadas
    – (4,967 )
    Pago
        para activos intangibles
    – (82,901 )
    Red
        efectivo utilizado en actividades de inversión
    (165,250 ) (194,098 )
    FLUJOS DE EFECTIVO DEL FINANCIAMIENTO
        OCUPACIONES:
    Reembolso
        de préstamos a corto plazo – operaciones discontinuadas
    – (29,369 )
    Producto
        de acciones ordinarias y suscripción de warrants
    2,100 299,000
    Avanzar
        de partes relacionadas
    5.232.782 4.900.127
    Reembolso
        to related parties
    (4,535,499 ) –
    Interest
        accrued on advance from related parties
    446,251 –
    Repayment
        to unrelated parties
    (104,913 ) –
    Changes
        in advance from / to related parties – discontinued operations
    – (841,690 )
    Net
        cash provided by financing activities
    1,040,721 4,328,068
    EFFECT
        OF EXCHANGE RATE CHANGE ON CASH AND EQUIVALENTS
    (44,173 ) 29,413
    NET
        INCREASE IN CASH AND EQUIVALENTS
    4,886 1,295,099
    EFECTIVO
        AND EQUIVALENTS, BEGINNING OF PERIOD
    1,554,049 23,048
    EFECTIVO
        AND EQUIVALENTS, END OF PERIOD
    $ 1,558,935 $ 1,318,147
    Supplemental disclosure
        of cash flow information:
    Ingresos
        taxes paid
    $ – $ –
    Interest
        paid
    $ 183,221 $ 79,204

    Ver
    accompanying notes to financial statements.

    PART
    I – FINANCIAL INFORMATION

    ITEM
    1. FINANCIAL STATEMENTS

    DBUB
    GROUP, INC. AND SUBSIDIARIES

    NOTES
    TO CONSOLIDATED FINANCIAL STATEMENTS

    SEPTEMBER
    30, 2019 (UNAUDITED) AND DECEMBER 31, 2018

    Nota
    1 – ORGANIZATION

    DBUB
    Group, Inc. (the “Company” or “DBUB”) is a Nevada corporation, organized August 20, 1998 under the name
    Editworks Ltd. The Company changed its name several times since incorporation. On December 21, 2012, the Company changed its name
    to Yosen Group, Inc. On September 5, 2018, the Company changed its name to DBUB Group Inc. pursuant to a merger of the Company
    with its wholly-owned subsidiary, DBUB Group Inc., a Nevada corporation.

    los
    Company’s former business was conducted through Capital Future Developments Limited (“Capital”). On May
    22, 2018, the Company transferred its equity in Capital (and its affiliates) to its former Chief Executive Officer for his
    return of 1,738,334 shares of the Company’s common stock, which were acquired by him pursuant to an agreement dated March
    29, 2018.  The 1,738,334 shares of common stock were cancelled on May 22, 2018. The transfer of equity in Capital included
    Capital’s subsidiaries and Capital’s equity interest in its affiliates. The Company’s former business was treated
    as discontinued.

    On
    February 6, 2018, the Company established a wholly owned subsidiary in British Virgin Islands, DB-Link Ltd (“DB-Link”),
    which is a holding company. On June 12, 2018, the Company established a wholly owned subsidiary DBUB PTE. LTD (“DBUB Pte”)
    in Singapore. On August 30, 2018, the Company established a wholly foreign owned subsidiary Huantai (Shanghai) Catering Management
    Co, Ltd. (“Huantai”) in the People’s Republic of China (“PRC”). The Company currently provides restaurants
    operation and management services through DBUB Pte and Huantai. The Company also plans to provide catering technology and management
    services for upscale restaurants and other luxury catering facilities, which include, without limitation, IT solutions to customer
    information programs, general marketing solutions, and IT solutions to logistics management.

    ORGANIZATIONAL
    CHART

    los
    Company’s corporate structure as of September 30, 2019 is as follows:

    Nota
    2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

    Basis
    of Presentation

    los
    consolidated financial statements (“CFS”) were prepared in accordance with accounting principles generally accepted
    in the United States of America (“US GAAP”).

    los
    consolidated interim financial information as of September 30, 2019 and for the nine and three month periods ended September 30,
    2019 and 2018 was prepared without audit, pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures,
    which are normally included in CFS prepared in accordance with US GAAP were not included. The interim consolidated financial information
    should be read in conjunction with the Financial Statements and the notes thereto, included in the Company’s Annual Report
    on Form 10-K for the fiscal year ended December 31, 2018, previously filed with the SEC on April 16, 2019. In the opinion of management,
    all adjustments (which include normal recurring adjustments) necessary to present a fair statement of the Company’s consolidated
    financial position as of September 30, 2019, results of operations for the nine and three months ended September 30, 2019 and
    2018, and cash flows for the nine months ended September 30, 2019 and 2018, as applicable, were made. The interim results of operations
    are not necessarily indicative of the operating results for the full fiscal year or any future periods.

    los
    parent company has no operations. Its main activities are incurring expenses arising from its status as a public company in the
    US.

    Going
    Concern

    los
    accompanying CFS were prepared on a going concern basis, which contemplates the realization of assets and the satisfaction
    of liabilities in the normal course of business. For the nine months ended September 30, 2019, the Company had a net loss of $1.67
    million. The Company has an accumulated deficit of $31.54 million as of September 30, 2019. There can be no assurance that the
    Company will become profitable or obtain necessary financing for its business or that it will be able to continue in business.
    As of September 30, 2019, related parties, including the Company’s chief executive officer, made advances to the Company
    of $4.26 million. These issues raise substantial doubt regarding the Company’s ability to continue as a going concern.

    En
    addition to develop the current restaurant operation business, the Company also seeks additional potential assets, properties
    or businesses to acquire, in a business combination, by reorganization, merger or acquisition.  Our plan of operation for
    the next 12 months is to: (i) determine which industries in which the Company may have an interest other than the current restaurant
    industry; (ii) adopt a business plan regarding engaging in the business of any selected industry; and (iii) commence operations
    through funding a start-up enterprise and/or acquiring an existing business or entering into a business combination with a “going
    concern” engaged in any industry selected.  The Company is unable to predict when and if it may actually participate
    in any specific business endeavor, and the Company will be unable to do so until it determines the particular industry in which
    the Company may conduct business operations.

    Principles
    of Consolidation

    los
    CFS include the accounts of the Company and its subsidiaries, DB-Link, DBUB Pte and Huantai. All material intercompany accounts,
    transactions, balances and profits were eliminated in consolidation.

    Currency
    Translation

    los
    reporting currency of the Company is the US dollar. The accounts of Huantai were maintained, and its financial statements were
    expressed RMB and the accounts of DBUB Pte Singapore dollars (SGD), which are the respective functional currency of the subsidiaries.
    The Company’s financial statements were translated into US dollars in accordance with FASB ASC Topic 830-10, ”Foreign
    Currency Translation,”
    with the RMB and SGD as the functional currency. According to FASB ASC Topic 830-10, assets
    and liabilities were translated at the balance sheet date exchange rate, stockholders’ equity is translated at the
    historical rates and income statement items are translated at the average exchange rate for the periods. The resulting translation
    adjustments are reported as other comprehensive income in accordance with FASB ASC Topic 220, ”Reporting Comprehensive
    Income,”
    as a component of shareholders’ equity. Transaction gains and losses are reflected in the consolidated
    statements of operations and comprehensive loss.

    los
    impact of foreign translation from our accounts in RMB and SGD to US dollars on the Company’s operating results was not
    material for the nine and three months ended September 30, 2019 and 2018.

    Nueve
        Months Ended September 30,
    2019 2018
    RMB
        to USD exchange rate at period end
    0.1399 0.1456
    Average
        RMB to USD exchange rate for the period
    0.1457 0.1535

    Nueve
        Months Ended September 30,
    2019 2018
    SGD
        to USD exchange rate at period end
    0.7231 0.7316
    Average
        SGD to USD exchange rate for the period
    0.7329 0.7460

    Transaction
    gains or losses arising from exchange rate fluctuation on transactions denominated in a currency other than the functional currency
    were included in the consolidated Statements of Operations and Comprehensive Loss. As a result of the translation, the Company
    recorded foreign currency translation income of $60,004 and $13,229 for the nine months ended September 30, 2019 and 2018. As
    a result of the translation, the Company recorded foreign currency income of $59,360 and $12,922 for the three months ended September
    30, 2019 and 2018.

    Use
    of Estimates

    los
    preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect
    the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial
    statements and the reported amounts of revenues and expenses during the reporting period. These significant accounting estimates
    or assumptions bear the risk of change because there are uncertainties attached to these estimates or assumptions, and certain
    estimates or assumptions are difficult to measure or value.

    administración
    bases its estimates on historical experience and on various assumptions that are believed to be reasonable in relation to the
    financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments about
    the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates
    the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and
    circumstances, historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates
    are adjusted accordingly.  Actual results could differ from those estimates.

    Risks
    and Uncertainties

    los
    Company is subject to risks from, among other things, intense competition associated with the industry in general, other risks
    associated with financing, liquidity requirements, rapidly changing customer tastes and requirements, limited operating history,
    foreign currency exchange rates and the volatility of public markets as well as other risks associated with the restaurant operation
    and management, information technology, and other related industries.

    En
    addition, the Company’s operations are in the PRC and Singapore. Accordingly, the Company’s business, financial condition
    and results of operations may be influenced by the political, economic and legal environments in the PRC and Singapore and by
    the general state of the PRC’s and Singapore’s economy. The Company’s business may be influenced by changes
    in governmental policies with respect to laws and regulations, anti-inflationary measures, currency conversion and remittance
    abroad, and rates and methods of taxation, among other things.

    Contingencies

    los
    Company follows subtopic 450-20 of the FASB ASC to report accounting for contingencies. Certain conditions may exist
    as of the date the financial statements are issued, which may result in a loss to the Company but which will only be resolved
    when one or more future events occur or fail to occur.  The Company assesses such contingent liabilities, and such assessment
    inherently involves an exercise of judgment.

    En
    assessing loss contingencies arising from legal proceedings that are pending against the Company or unasserted claims that may
    result in such proceedings, the Company evaluates the perceived merits of any legal proceedings or unasserted claims and the amount
    of relief sought or expected to be sought.

    Si
    the assessment of a contingency indicates it is probable that a material loss has been incurred and the amount of the liability
    can be reasonably estimated, then the estimated liability would be accrued in the Company’s financial statements. 
    If the assessment indicates that a potential material loss contingency is not probable but is reasonably possible, or is probable
    but cannot be estimated, then the nature of the contingent liability, and an estimate of the range of possible losses, if determinable
    and material, would be disclosed.

    Loss
    contingencies considered remote are generally not disclosed unless they involve guarantees, in which case the guarantees would
    be disclosed.  Management does not believe, based upon information available at this time, that these matters will have a
    material adverse effect on the Company’s financial position, results of operations, or cash flows. However, there is no
    assurance that such matters will not materially and adversely affect the Company’s business, financial position, and results
    of operations or cash flows.

    Cash
    and Equivalents

    Cash
    and equivalents include cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid
    investments with an original maturity of three months or less as of the purchase date of such investments.

    Accounts
    Receivable, net

    los
    Company maintains reserves for potential credit losses on accounts receivable. Management reviews the composition of accounts
    receivable and analyzes historical bad debts, customer concentrations, customer credit worthiness, current economic trends and
    changes in customer payment patterns to evaluate the adequacy of these reserves.

    Property
    and Equipment, net

    Property
    and equipment are stated at cost. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals
    and betterments are capitalized. When property and equipment are retired or otherwise disposed of, the related cost and accumulated
    depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property
    and equipment is provided using the straight-line method for substantially all assets with estimated lives of:

    Automotive 5 5
                                             años
    Office Equipment 5 5
                                             años

    Como
    of September 30, 2019, and December 31, 2018, property and equipment consisted of the following:

    2019 2018
    Vehicles $ 239,335 $ 116,284
    Office
        Equipment
    37,157 –
    Subtotal 276,492 116,284
    Less:
        accumulated depreciation
    (35,663 ) (8,278 )
    Total $ 240,829 $ 108,006

    Depreciation
    for the nine months ended September 30, 2019 and 2018 was $27,960 and $37,991, respectively. Depreciation for the three months
    ended September 30, 2019 and 2018 was $10,526 and $0, respectively.

    Long-Lived
    Bienes

    los
    Company periodically evaluates the carrying value of long-lived assets to be held and used in accordance with FASB ASC 360, “Property,
    Plant and Equipment,”
    which requires impairment losses to be recorded on long-lived assets used in operations when
    indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the
    assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the
    fair value (“FV”) of the long-lived assets. Losses on long-lived assets to be disposed of are determined in a similar
    manner, except that FV are reduced for the cost of disposal. Based on its review, the Company believes that, as of September 30,
    2019 and December 31, 2018, there were no significant impairments of its long-lived assets not in discontinued operations.

    Fair
    Value of Financial Instruments

    por
    certain of the Company’s financial instruments, including cash and equivalents, accrued liabilities and accounts payable,
    carrying amounts approximate their FV due to their short maturities. FASB ASC Topic 825, “Financial Instruments,”
    requires disclosure of the FV of financial instruments held by the Company. The carrying amounts reported in the balance sheets
    for current liabilities each qualify as financial instruments and are a reasonable estimate of their FVs because of the short
    period of time between the origination of such instruments and their expected realization and the current market rate of interest.

    Fair
    Value Measurements and Disclosures

    FASB
    ASC Topic 820, “Fair Value Measurements and Disclosures,” defines FV, and establishes a three-level valuation hierarchy
    for disclosures of fair value measurement that enhances disclosure requirements for FV measures. The three levels are defined
    as follow:

    • Level
        1 inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets.
    • Level
        2 inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs
        that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial
        instrument.
    • Level
        3 inputs to the valuation methodology are unobservable and significant to the FV measurement.

    Como
    of September 30, 2019, and December 31, 2018, the Company did not identify any assets and liabilities that are required to be
    presented on the balance sheet at FV.

    Ingresos
    Recognition

    En
    May 2014 the FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which
    supersedes all existing revenue recognition requirements, including most industry-specific guidance. This new standard requires
    a company to recognize revenues when it transfers goods or services to customers in an amount that reflects the consideration
    that the company expects to receive for those goods or services. The FASB subsequently issued the following amendments to ASU
    No. 2014-09 that have the same effective date and transition date: ASU No. 2016-08, Revenue from Contracts with Customers (Topic
    606): Principal versus Agent Considerations; ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance
    Obligations and Licensing; ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical
    Expedients; and ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.

    los
    new revenue standards became effective for the Company on January 1, 2018, and were adopted using the modified retrospective method.
    The adoption of the new revenue standards as of January 1, 2018 did not change the Company’s revenue recognition as the
    Company does not have any revenue yet. As the Company will not identify any accounting changes that impacted the amount of reported
    revenues with respect to its product revenues, no adjustment to retained earnings will be required upon adoption.

    Under
    the new revenue standards, the Company recognizes revenues when its customer obtains control of promised goods or services, in
    an amount that reflects the consideration which it expects to receive in exchange for those goods. The Company recognizes revenues
    following the five step model prescribed under ASU No. 2014-09: (i) identify contract(s) with a customer; (ii) identify the performance
    obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations
    in the contract; and (v) recognize revenues when (or as) we satisfy the performance obligation.

    General
    and Administrative Expenses

    General
    and administrative expenses are comprised principally of payroll and benefits costs for corporate employees, occupancy costs of
    corporate facilities, lease expenses, management fees, traveling expenses and other operating and administrative expenses.

    Share
    Based Payment

    los
    Company accounts for share-based compensation to employees in accordance with FASB ASC Topic 718, “Compensation –
    Stock Compensation”, which requires that share-based payment transactions with employees be measured based on the grant-date
    FV of the equity instrument issued and recognized as compensation expense over the requisite service period.

    los
    Company accounts for share-based compensation awards to non-employees in accordance with FASB ASC Topic 718 and FASB ASC Subtopic
    505-50, “Equity-Based Payments to Non-employees”. Share-based compensation associated with the issuance of equity
    instruments to non-employees is measured at the FV of the equity instrument issued or committed to be issued, as this is more
    reliable than the FV of the services received. The FV is measured at the date that the commitment for performance by the counterparty
    has been reached or the counterparty’s performance is complete.

    Ingresos
    Taxes

    Ingresos
    taxes are accounted for using an asset and liability method. Under this method, deferred income taxes are recognized for the tax
    consequences in future years of differences between the tax bases of assets and liabilities and their financial reporting amounts
    at each period end based on enacted tax laws and statutory tax rates, applicable to the periods in which the differences are expected
    to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected
    to be realized.

    los
    Company follows ASC Topic 740, which prescribes a more-likely-than-not threshold for financial statement recognition and measurement
    of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on recognition of income
    tax assets and liabilities, classification of current and deferred income tax assets and liabilities, accounting for interest
    and penalties associated with tax positions, accounting for income taxes in interim periods, and income tax disclosures.

    Under
    the provisions of ASC Topic 740, when tax returns are filed, it is likely that some positions taken would be sustained upon examination
    by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the
    position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period
    during which, based on all available evidence, management believes it is more likely than not that the position will be sustained
    upon examination, including the resolution of appeals or litigation processes, if any. Tax positions taken are not offset or aggregated
    with other positions. Tax positions that meet the more-likely-than-not recognition threshold are measured as the largest amount
    of tax benefit that is more than 50 percent likely of being realized upon settlement with the applicable taxing authority. los
    portion of the benefits associated with tax positions taken that exceeds the amount measured as described above is reflected as
    a liability for unrecognized tax benefits in the accompanying balance sheets along with any associated interest and penalties
    that would be payable to the taxing authorities upon examination. Interest associated with unrecognized tax benefits are classified
    as interest expense and penalties are classified in selling, general and administrative expenses in the statements of income.
    At September 30, 2019 and December 31, 2018, the Company did not take any uncertain positions that would necessitate recording
    a tax related liability.

    DBUB
    is subject to US corporate income taxes on its taxable income at 21% for taxable years beginning after December 31, 2017.
    To the extent that portions of its US taxable income, such as Subpart F income or GILTI, are determined to be from sources outside
    of the US, subject to certain limitations, the Company may be able to claim foreign tax credits to offset its U.S. income tax
    liabilities. Any remaining liabilities are accrued in the Company’s consolidated statements of comprehensive income and
    estimated tax payments are made when required by U.S. law.

    los
    Act also created new taxes on certain foreign-sourced earnings such as GILTI under IRC Section 951A, which is effective for the
    Company for tax years beginning after January 1, 2018. For the nine months ended September 30, 2019, the Company calculated its
    best estimate of the impact of the GILTI in its income tax provision in accordance with its understanding of the Act and guidance
    available as of the date of this filing, which was $0.

    Basic
    and Diluted Earnings (Loss) per Share

    los
    Company presents net income (loss) per share (“EPS”) in accordance with FASB ASC Topic 260, “Earning Per Share.” Basic
    EPS is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS
    is computed similar to basic EPS except that the denominator is increased to include the number of additional common shares that
    would have been outstanding if all the potential common shares, warrants and stock options had been issued and if the additional
    common shares were dilutive. Diluted EPS is based on the assumption that all dilutive convertible shares and stock options and
    warrants were converted or exercised. Dilution is computed by applying the treasury stock method for the outstanding options and
    warrants, and the if-converted method for the outstanding convertible instruments. Under the treasury stock method, options and
    warrants are assumed to be exercised at the beginning of the period (or at the time of issuance, if later) and as if funds obtained
    thereby were used to purchase common stock at the average market price during the period. Under the if-converted method, outstanding
    convertible instruments are assumed to be converted into common stock at the beginning of the period (or at the time of issuance,
    if later). During the nine and three months ended September 30, 2019 and 2018, there is not any diluted shares, nor any shares,
    options or warrants that were anti-dilutive.

    Statement
    of Cash Flows

    En
    accordance with FASB ASC Topic 230, “Statement of Cash Flows”, cash flows from the Company’s operations are
    calculated based upon local currencies. As a result, amounts related to assets and liabilities reported on the statement of cash
    flows may not necessarily agree with changes in the corresponding balances on the balance sheet. Cash from operating, investing
    and financing activities is net of assets and liabilities acquired.

    Concentration
    of Credit Risk

    Financiero
    instruments that potentially subject the Company to concentrations of credit risk are cash, accounts receivable, advances to suppliers
    and other receivables arising from its normal business activities. The Company places its cash in what it believes to be credit-worthy
    financial institutions. Since the Company has not generated any revenues or commenced operations in its continuing business, the
    Company cannot evaluate the risk of a concentration of credit risk.

    Segment
    Reporting

    FASB
    ASC Topic 280, “Segment Reporting,” requires use of the “management approach” model for segment reporting.
    The management approach model is based on the way a company’s management organizes segments within the company for making
    operating decisions and assessing performance. Reportable segments are based on products and services, geography, legal structure,
    management structure, or any other manner in which management disaggregates a company. Following the Company’s disposal
    of its existing business in 2018, the Company has one operating segment, the restaurant operation and management business. En
    addition, the Company is currently developing a more comprehensive restaurant operation system to provide catering technology
    and management services for upscale restaurants and other luxury catering facilities.

    Leases

    On
    January 1, 2019, the Company adopted Accounting Standards Update No. 2016-02, Leases (Topic 842) (ASU 2016-02), as amended, which
    supersedes the lease accounting guidance under Topic 840, and generally requires lessees to recognize operating and financing
    lease liabilities and corresponding right-of-use (ROU) assets on the balance sheet for all leases with terms longer than 12 months
    and to provide enhanced disclosures surrounding the amount, timing and uncertainty of cash flows arising from leasing arrangements.
    Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in
    the income statement. A modified retrospective transition approach is required for lessees for capital and operating leases existing
    at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain
    practical expedients available. The Company concluded the adoption of this new AUS did not have a material impact to the Company’s
    CFS due to the Company does not have any lease that is longer than 12 months.

    Reciente
    Accounting Pronouncements

    En
    June 2016, the FASB issued ASU No. 2016-13, Financial Instruments-Credit Losses (Topic 326), which requires entities to measure
    all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions,
    and reasonable and supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement
    of credit losses on financial assets measured at amortized cost. This guidance is effective for fiscal years, and interim periods
    within those fiscal years, beginning after December 15, 2022. Early application will be permitted for all entities for fiscal
    years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the
    impact that the standard will have on its CFS.

    En
    June 2018, the FASB issued ASU 2018-07, “Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment
    Accounting,” which expands the scope of ASC 718 to include share-based payment transactions for acquiring goods and services
    from non-employees. An entity should apply the requirements of ASC 718 to non-employee awards except for specific guidance on
    inputs to an option pricing model and the attribution of cost. The amendments specify that ASC 718 applies to all share-based
    payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor’s own operations
    by issuing share-based payment awards. The new guidance is effective for SEC filers for fiscal years, and interim reporting periods
    within those fiscal years, beginning after December 15, 2019 (i.e., January 1, 2020, for calendar year entities). Early adoption
    is permitted. The Company is evaluating the effects of the adoption of this guidance and currently believes that it will impact
    the accounting of the share-based awards granted to non-employees.

    Other
    recent accounting pronouncements issued by the FASB, including its Emerging Issues Task Force, the American Institute of Certified
    Public Accountants, and the SEC did not or are not believed by management to have a material impact on the Company’s present
    or future CFS.

    Nota
    3 – PREPAID EXPENSES

    Prepaid
    expenses as of September 30, 2019 and December 31, 2018 were $81,607 and $341,089, respectively. Prepaid expense consists primarily
    1) prepaid travel expense and prepaid IT consulting expense amounted to $41,938 and $105,824 at September 30, 2019 and December
    31, 2018, respectively, 2) the deferred stock compensation for restricted stock issued on December 23, 2016. The deferred stock
    compensation is expensed over three years. During the nine months ended September 30, 2019 and 2018, the Company recorded $119,000
    stock compensation expense for each period. During the three months ended September 30, 2019 and 2018, the Company recorded $39,667
    stock compensation expense for each period. At September 30, 2019 and December 31, 2018, deferred stock compensation was $39,666
    and $235,265, respectively.

    Nota
    4 – INTANGIBLE ASSETS

    Intangible
    assets consisted of 1) vehicle license fee (in order to prevent heavy traffic jam, Shanghai City limits the number of automobiles
    on road through auctioning a set number of vehicle licenses plate each year; the Company needs to win the auction and pay for
    the vehicle license plate fee to own the vehicle license. The Company has already won the auction and paid for the vehicle license
    plate fee, thus it owns the vehicle license plate infinitely), for which no amortization is provided, and 2) signing fee with
    Alvin Leung, which is amortized over five years.

    On
    April 3, 2018, DB-Link entered into a cooperation agreement with Alvin Leung, as co-founder, regarding brand cooperation and the
    catering business in the territory of the Mainland China, Australia, New Zealand and the United States (the “Initial Territory”).
    The agreement provides that Mr. Leung will work exclusively with DB-Link in the Initial Territory and authorize DB-Link to use
    his brand names of “Bo” and “Daimon” in the Initial Territory. Mr. Leung also granted DB-Link the priority
    right of cooperation before seeking similar cooperation with other parties in Canada, Hong Kong and Europe. The agreement does
    not have an expiration date. DB-Link’s business will be operated by joint venture entities in which DB-Link will hold a
    66% equity interest and Mr. Leung a 34% interest. In addition, DB-Link will pay Mr. Leung RMB 800,000 ($116,000); RMB 550,000
    ($80,000) was paid with the remaining balance of RMB 250,000 ($36,000) payable in 2019.

    Intangible
    assets consisted of the following at September 30, 2018 and December 31, 2018:

    2019 2018
    Signing
        fee
    $ 111,924 $ –
    Vehicle
        license
    19,587 20,354
    Subtotal 131,511 20,354
    Less:
        accumulated amortization
    (16,789 ) –
    Net $ 114,722 $ 20,354

    Amortization
    of intangible assets for the nine months ended September 30, 2019 and 2018 was $17,485 and $0, respectively. Amortization of intangible
    assets for the three months ended September 30, 2019 and 2018 was $5,692 and $0, respectively. As of September 30, 2019, the annual
    amortization for the next five years is expected to be $23,314.

    Nota
    5 – ACCRUED EXPENSES AND OTHER PAYABLES

    Accrued
    expense and other payables consisted of the following at September 30, 2019 and December 31, 2018:

    2019 2018
    Accrued
        expenses
    $ 40,983 $ 41,650
    Due
        to unrelated parties for the Company’s working capital needs
    109,644 287,877
    Signing
        fee payable
    34,976 –
    Franchise
        fee
    71,663 73,449
    Total $ 257,266 $ 402,976

    Accrued
    expenses mainly consisted of accrued payroll, audit and legal fee, etc. Due to unrelated parties were short term advances for
    the Company’s working capital needs, which bear no interest and are payable upon demand.

    los
    Company entered into a franchise agreement in August 2018, grants the franchise right and assists the franchisee to open a franchise
    restaurant in Taipei City. The franchisee shall pay RMB 1.00 million ($0.15 million) for entering this agreement, 50% of it was
    paid at signing of the agreement, the remaining 50% shall be paid when the franchisee raised enough restaurant starting funds
    (not less than RMB 6.00 million ($0.89 million)). The franchisee will receive 50,000 shares of the Company’s stock when
    the RMB 1.00 million ($0.15 million) is paid to the Company. However, as of September 30, 2019, the franchise agreement was suspended
    and other terms of the franchise agreement was not fulfilled and unlikely to be fulfilled. Accordingly and until a settlement
    is reached by both parties, the 1S t RMB 0.50 million ($0.07 million) that the Company received was recorded as
    the Company’s liability.

    Signing
    fee represented the remaining balance payable to Alvin Leung under a cooperation agreement described in Note 5.

    Nota
    6 – RELATED PARTY TRANSACTIONS

    Advance
    to related party

    Advance
    to related party at September 30, 2019 and December 31, 2018 was $221,154 and $33,693, respectively, was the advance to the director
    of DBUB Pte, for his business related expenses, such as business travel and lodging. The director will repay the advance to the
    Company by the end of 2019 for any remaining unused travel advances.

    Advance
    from related parties

    los
    Company borrowed money from certain related parties for its working capital needs. At September 30, 2019 and December 31, 2018,
    advance from related parties consisted of the following:

    2019 2018
    Loans
        from CEO (including accrued interest)
    $ 3,219,448 $ 2,687,008
    Loan
        from an officer (including accrued interest)
    1,039,393 424,942
    Loan
        from affiliated companies (no interest, payable upon demand)
    1,598 83,357
    Loan
        from other related party (no interest, payable upon demand)
    651 36,564
    Total $ 4,261,090 $ 3,231,871

    On
    June 14, 2018, DBUB Pte made a loan agreement with the Company’s CEO for SGD 5.00 million ($3.69 million) for 24 months.
    The annual interest rate is 24%. The borrower can repay the loan anytime without prepayment penalty.

    On
    January 25, 2018, Huantai entered a loan agreement with the Company’s CEO for RMB 700,000 ($0.10 million) with maturity
    on December 31, 2018. The monthly interest rate is 2%. The borrow may choose to repay anytime without prepayment penalty. los
    loan agreement was orally extended at maturity and become payable upon demand.

    On
    July 2, 2018, Huantai entered a loan agreement with the Company’s officer for RMB 5.00 million ($0.74 million ) with maturity
    on December 31, 2018. The monthly interest rate is 2%. The borrow may repay anytime without prepayment penalty. The loan agreement
    was orally extended at maturity and become payable upon demand.

    During
    the nine months ended September 30, 2019 and 2018, the Company recorded $449,981 and $0 interest expense, respectively, on loans
    from the related parties. During the three months ended September 30, 2019 and 2018, the Company recorded $189,099 and $0 interest
    expense, respectively, on loans from the related parties.

    Nota
    7 – COMMON STOCK

    On
    March 18, 2016, the Company issued warrants to purchase 190,532 shares of common stock at $0.75 per share as part of a private
    placement of 190,532 units with each unit consisting of one share of common stock and a three-year warrant to purchase one share
    of common stock. The Company determined that the FV of these warrants was $206,917 based on the following assumptions:

    Term 3 years
    Expected
        volatilidad
    178 %
    Risk – free interest
        rate
    1.0 %
    Dividend yield 0 0 %
    Weighted-average grant
        date FV
    $ 1.086

    los
    warrants were expired on March 17, 2019, there are no any outstanding warrants or options at September 30, 2019.

    On
    December 23, 2016, the Company’s Board of Directors (“BOD”) adopted the Company’s 2016 Restricted Stock
    Plan (the “2016 Plan”).  The 2016 Plan provides for the granting of restricted stock awards to employees,
    directors and consultants of the Company and the employees, directors and consultants of the Company’s affiliates. Under
    the 2016 Plan, 1,360,000 shares of the Company’s common stock were initially available for issuance for awards.  
    As of December 31, 2016, 1,150,000 of the shares available for issuance under the 2016 Plan were issued. In January 2017, 210,000
    shares available for issuance were issued. The common stock was valued at grant date with a FV of $476,000. During the nine months
    ended September 30, 2019 and 2018, $119,000 was recognized as stock based compensation expense. During the three months ended
    September 30, 2019 and 2018, $39,667 was recognized as stock based compensation expense (see note 4).

    En
    July 2019, the Company received $2,100 for the issuance of 30,000 common shares.

    Nota
    8 – OTHER INCOME

    Other
    income for the nine months ended September 30, 2019 and 2018 consisted of the following:

    2019 2018
    Event
        management income
    $ 19,806 $ –
    Brand
        consulting income
    12,327 –
    Advising
        income on meal preparation
    22,218 –
    Gain
        on foreign currency exchange
    47,742 –
    Other 593 813
    $ 102,686 $ 813

    Other
    income for the three months ended September 30, 2019 and 2018 consisted of the following:

    2019 2018
    Advising income on meal preparation 20,159 –
    Gain on foreign currency exchange 34,658 –
    Other – 1,193
    $ 54,817 $ 1,193

    Nota
    9 – INCOME TAXES

    los
    US parent company is subject to the US federal income tax at 21% in the nine months ended September 30, 2019 and 2018. The parent
    company does not conduct any operations and only incurs expenses, such as legal fees, accounting fees, investor relations expenses
    and filing fees, relating to the Company’s status as a reporting company under the US securities laws.

    los
    US parent company had net operating loss (“NOL”), for federal income tax purposes, the NOL arising in tax years beginning
    after 2017 may only reduce 80% of a taxpayer’s taxable income, and may be carried forward indefinitely. The management believes
    the realization of benefits from these losses may be uncertain due to the US parent company’s continuing operating losses.
    Accordingly, a 100% deferred tax asset valuation allowance was provided.

    DB-Link
    Ltd is not subject to U.S. or PRC income tax and is not subject to income tax in the British Virgin Islands.

    los
    Company’s PRC subsidiary Huantai was subject to the PRC income tax at a rate of 25%. Singapore subsidiary DBUB Pte was subject
    to an income tax rate of 17%.

    los
    components of deferred income tax assets and liabilities as of September 30, 2019 and December 31, 2018 are as follows:

    2019 2018
    Deferred
        tax assets:
    NOSOTROS
        net operating losses
    $ 79,544 $ 63,167
    PRC
        operation
    221,788 69,593
    Singapore
        operation
    250,893 89,133
    Discontinued
        operation
    – 37,753
    Total
        deferred tax assets
    552,225 259,646
    Less
        valuation allowance
    (552,225 ) (259,646 )
    $ – $ –

    Reconciliation
    of the differences between the statutory US Federal income tax rate and the effective rate is as follows for the nine months ended
    September 30, 2019 and 2018.

    2019 2018
    Tax benefit
        at US Statutory Rate
    (21.00 )% (21.00 )%
    Tax rate difference 1.25 % (1.10 )%
    Valuación
        allowance
    19.75 % 22.10 %
    Eficaz
        rate
    – % – %

    Reconciliation
    of the differences between the statutory U.S. Federal income tax rate and the effective rate is as follows for the three months
    ended September 30, 2019 and 2018.

    2019 2018
    Tax benefit
        at US Statutory Rate
    (21.00 )% (21.00 )%
    Tax rate difference 1.02 % 1.50 %
    Valuación
        allowance
    19.98 % 19.50 %
    Eficaz
        rate
    – % – %

    Nota
    10 – DISCONTINUED OPERATIONS

    los
    Company’s former business was the distribution of imported products, including digital products, baby products, health nutrition
    and frozen food through its online store, applications on mobile devices and also in physical stores. The Company had continuing
    losses in this business and did not believe it was able to operate that business profitably. As a result, the Company transferred
    the equity in Capital to its former chief executive officer in May 2018. The Company’s former business is treated as a discontinued
    operation.

    Como
    of December 31, 2018, the Company had no assets and liabilities associated with the discontinued operations. As a result of the
    sale of Capital to former chief executive officer, the Company recognized a gain of $4,077,267 from the disposition of Capital
    and its affiliates stock in the year ended December 31, 2018. This amount consists of a $2,456,389 gain from sale of the Company’s
    equity in Capital and its affiliates and $1,620,878 reflecting the principal of loans by Capital on the date of the transfer,
    which, as a result of the transfer of the equity in Capital, are no longer obligations of the Company. The obligations were liabilities
    of Capital with no recourse to the Company.

    Nota
    11 – SUBSEQUENT EVENTS

    los
    Company evaluated all events that occurred subsequent to September 30, 2019 through the date that the consolidated financial statements
    were issued, and no subsequent event was identified.

    ITEM
    2. MANAGEMENT DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION

    The following
    management’s discussion and analysis should be read in conjunction with our financial statements and the notes thereto and
    the other financial information appearing elsewhere in this report. Our financial statements are prepared in U.S. dollars and
    in accordance with U.S. GAAP.

    Overview

    De
    2007 until the first quarter of 2017, we were engaged in the resale and distribution of third party products such as mobile phones,
    facsimile machines, DVD players, stereos, speakers, MP3 and MP4 players, iPods, electronic dictionaries, CD players and audio
    systems. Due to declining sales and continuing losses, we discontinued this business. We had previously imported into China digital
    products, baby products, health nutrition and frozen food products, but this business was discontinued prior to December 31, 2017.

    On February
    15, 2018, our directors and officers resigned and we brought in new management and changed our business plan. We currently provide
    restaurants operation and management services through DBUB PTE. LTD (“DBUB Pte”) and Huantai (Shanghai) Catering Management
    Co, Ltd. (“Huantai”). We further enhanced our plan to provide catering technology and management services for upscale
    restaurants and other luxury catering facilities. In furtherance of our plan to provide the upscale restaurant businesses with
    IT solutions, on April 3, 2018, DB-Link entered into an agreement with Alvin Leung, regarding brand cooperation and businesses
    in the territory of the Mainland China, Australia, New Zealand and the United States (the “Initial Territory”). los
    agreement provides that Mr. Leung will work exclusively with DB-Link Ltd (“DB-Link”) in the Initial Territory and
    authorizes DB-Link to use the brand names of “Bo” and “Daimon” in the Initial Territory. Mr. Leung also
    granted DB-Link the priority right of cooperation before seeking similar cooperation with other parties in Canada, Hong Kong and
    Europe. The agreement does not have an expiration date. DB-Link’s business will be operated by joint venture entities in
    which DB-Link will hold a 66% equity interest and Mr. Leung a 34% interest. In addition, DB-Link will pay Mr. Leung RMB 800,000
    ($116,000); RMB 550,000 ($80,000) was paid with the remaining balance of RMB 250,000 ($36,000) payable in 2019.

    The Company’s
    former business was conducted through Capital Future Developments Limited (“Capital”). On March 29, 2018, the Company
    entered into an agreement with Mr. Zhenggang Wang, who was then the Director, Chief Executive Officer and the Chairman of the
    Company. According to the agreement, the Company returned all of the shares of Capital Future Development Limited (“Capital”),
    a British Virgin Islands company, to Mr. Wang for his transfer of 1,738,334 shares back to the Company, which were subsequently
    cancelled. The transfer of Capital’s shares was consummated in May 2018, which included Capital’s subsidiaries. All
    of our former business was conducted through Capital and its subsidiaries. Company’s former business was treated as discontinued
    right after the conclusion of the share transfer.

    Following
    the transfer of the stock of Capital, we have three subsidiaries, DB-Link, Huantai and DBUB Pte. Our business is being conducted
    through Huantai and DBUB Pte.

    On September
    5, 2018, we changed our corporate name to DBUB Group Inc. through a merger of our Company with our wholly-owned subsidiary, DBUB
    Group Inc., a Nevada corporation.

    En general,
    we plan to offer information technology solutions to our clients’ customer information programs, marketing initiatives,
    and logistics management. We will utilize the power of blockchain technology to securely record customer’s personal and
    dining information, facilitating participating restaurants’ reward points program and ensuring our clients’ continued
    expansion based on customers’ loyalty. We will also provide our client with marketing solutions, branding enhancement, and
    business operation strategies through our cooperative relationship with Alvin Leung, a pivotal figure in the world’s culinary
    landscape.

    We intend
    to establish a logistic management system through information technology to streamline the catering and logistic aspects of our
    clients’ business. More specifically, we intend to establish a Fine Dining Platform, which will allow restaurants to track
    customers’ transactions, consolidate accounting information, and provide interactive data analysis for customers’
    preferences. Customers can utilize the platform to make reservations, order food, interact with friends, and accumulate reward
    points.

    In addition,
    we intend to establish a Michelin Chefs Union, which will offer marketing solutions, branding enhancement, and business strategies
    to upscale restaurants. We will utilize our cooperative relationship with Alvin Leung to individualize each restaurant’s
    marketing strategy, service strategy upgrading, and staff training. We will also offer VIP membership, under which participating
    restaurants can explore potential joint business operations with Alvin Leung and further enhance their brand name.

    Promover, adicional,
    we intend to establish an Inventory Management System, which will help our clients to streamline the catering and logistic aspects
    of their business. Our clients will upload their inventory and logistics information to the system such as the description of
    units, number of units, price per unit, and other related information. They can then utilize the platform to monitor their inventory,
    footprint the storage volume, and track the procurement of fresh produce.

    The above-mentioned
    future plans may be subject to change and involve risks and uncertainties, and there is no guarantee that the Company will successfully
    materialize such plans.

    Results
    of Operations

    por
    the three months ended September 30, 2019 and 2018

    We incurred
    general and administrative expenses of $682,949 and $201,689, respectively, for the three months ended September 30, 2019 and
    2018. These expenses related primary to expenses incurred as a public reporting company such as audit fees, legal fees, filing,
    transfer agent fees, and, to a lesser extent, starting from mid-2018 through September 30, 2019, increased expenses relating to
    preliminary efforts in developing our new business, such as payroll, consulting expense and business travel. Our loss from operations
    was $682,949 and $201,689, respectively, for the three months ended September 30, 2019 and 2018.

    Para el
    three months ended September 30, 2019, we had total non-operating expense of $134,668, including $189,099 interest expense on
    the loans from the CEO and an officer, and bank charge $620, which was partially offset by interest income of $234, gain on foreign
    currency exchange of $34,658 and other income of $20,159. For the three months ended September 30, 2018, we had total non-operating
    income of $1,810, including interest income of $617 and other income of $1,193.

    Para el
    three months ended September 30, 2019, we had a net loss of $817,617, or $0.04 loss per share (basic and diluted). For the three
    months ended September 30, 2018, we had a net loss attributable to us of $199,879, we had $0.01 loss per share (basic and diluted).

    por
    the nine months ended September 30, 2019 and 2018

    We incurred
    general and administrative expenses of $1,322,806 and $338,180, respectively, for the nine months ended September 30, 2019 and
    2018. These expenses related primary to expenses incurred as a public reporting company such as audit fees, legal fees, filing,
    transfer agent fees and, to a lesser extent, starting from mid-2018 through September 30, 2019, increased expenses relating to
    preliminary efforts in developing our new business, such as payroll, consulting expense and business travel. Our loss from operations
    was $1,322,806 and $338,180 respectively, for the nine months ended September 30, 2019 and 2018.

    Para el
    nine months ended September 30, 2019, we had total non-operating expense of $350,073, including $449,981 interest expense on the
    loans from the CEO and an officer, and bank charge $3,415, which was partially offset by interest income of $637, event and brand
    management income of $32,133, gain on foreign currency exchange of $47,742 and other income of $22,811. For the nine months ended
    September 30, 2018, we had total non-operating income of $1,430, including interest income of $617 and other income of $813.

    Para el
    nine months ended September 30, 2019, we had a net loss of $1,672,879, or $0.08 loss per share (basic and diluted). For the nine
    months ended September 30, 2018, we had a net income attributable to us of $3,558,362, mainly resulting from the gain from disposed
    entities of $3,855,189, we had $0.22 income per share (basic and diluted), consisting of $0.02 loss per share from continuing
    operations, and $0.24 income per share from discontinued operations.

    Foreign
    Currency Translation Adjustments

    The impact
    of foreign translation from our accounts in RMB to US dollar on our operating results was not material. During the translation
    process, the assets and liabilities of all PRC subsidiaries and Singapore are translated into US dollars at period end exchange
    rates. The revenues and expenses are translated into US dollars at average exchange rates of the period. Resulting translation
    adjustments are recorded as a component of accumulated other comprehensive income within stockholders’ equity.

    Nueve
        Months Ended September 30,
    2019 2018
    RMB to USD exchange rate at period end 0.1399 0.1456
    Average RMB to USD exchange rate for the period 0.1457 0.1535

    Nueve
        Months Ended September 30,
    2019 2018
    SGD to USD exchange rate at period end 0.7231 0.7316
    Average SGD to USD exchange rate for the period 0.7329 0.7460

    Transaction
    gains or losses arising from exchange rate fluctuation on transactions denominated in a currency other than the functional currency
    were included in the consolidated results of operations. As a result of the translation, DBUB recorded a foreign currency gain
    of $60,004 for the nine months ended September 30, 2019 and $13,229 for the nine months ended September 30, 2018; for the three
    months ended September 30, 2019 and 2018, DBUB recorded a foreign currency gain of $59,360 and $12,922, respectively, which is
    a separate line item on the Statements of Operations and Comprehensive Loss.

    Liquidez
    and Capital Resources

    Operations
    and liquidity needs are funded primarily through cash flows from advances from related parties including our CEO and secretary,
    as well as equity financing.

    A partir de
    September 30, 2019, cash and equivalents were $1,558,935, the Company’s current assets totaled $1,869,135, the Company’s
    current liabilities were $4,518,447, and the Company’s working capital deficiency was $2,649,312. During the nine months
    ended September 30, 2019, the Company’s net cash used in operating activities was $826,412. Cash and equivalents as of September
    30, 2019 were solely bank accounts in Singapore and China.

    A partir de
    December 31, 2018, cash and equivalents were $1,554,049; the Company’s current assets totaled $2,840,690; the Company’s
    current liabilities were $3,652,036; and the Company’s working capital deficiency was $811,346. For the nine months ended
    September 30, 2018, the Company’s net cash used in operating activities was $2,868,284.

    Our cash
    used and provided for the nine months ended September 30, 2019 and 2018 were as follows:

    2019 2018
    Net cash used in operating activities $ (826,412 ) $ (2,868,284 )
    Net cash used in investing activities (165,250 ) (194,098 )
    Net cash provided by financing activities 1,040,721 4,328,068
    Effect of exchange rate change on cash
        and equivalents
    (44,173 ) 29,413
    Net increase in cash and equivalents 4,886 1,295,099
    Cash and equivalents at beginning of period 1,554,049 23,048
    Cash and equivalents at end of period $ 1,558,935 $ 1,318,147

    Net cash
    used in operating activities was $826,412 for the nine months ended September 30, 2019 compared to net cash used in operating
    activities of $2,868,284 for the nine months ended September 30, 2018. This decrease in net cash used in operating activities
    for the nine months ended September 30, 2019 was mainly attributable to increased cash inflow from other receivables by $3,188,270,
    and increased cash inflow from prepaid expenses and deposits by $1,407,716, despite we had increased net loss by $1,115,041 (excluding
    the non-cash gain on disposal of discontinued operations of $4,076,077 for 2018), increased cash outflow on accrued expenses and
    other payables by $457,870, and decreased cash inflow for discontinued operation of $1,057,093.

    Net cash
    used in investing activities for the nine months ended September 30, 2019 was $165,250. It consisted mainly of equipment purchase
    of $165,250. Net cash used in investing activities for the nine months ended September 30, 2018 was $194,098, which was attributed
    to $106,230 equipment purchase and $82,901 payment to Alvin for entering an agreement with him for developing the restaurant business
    with Alvin’s expertise.

    Net cash
    provided by financing activities for the nine months ended September 30, 2019 was $1,040,721. Net cash provided by financing activities
    for the nine months ended September 30, 2018 was $4,328,068. During the nine months ended September 30, 2019, we had net advance
    from related parties included accrued interest of $1,143,534, repayment to unrelated parties of $104,913, and $2,100 proceeds
    from issuance of common stock. During the nine months ended September 30, 2018, we had net advance from related parties included
    accrued interest of $4,058,437, $299,000 proceeds from issuance of common stock, and $29,369 repayment of short-term loans.

    Working
    Capital Requirements

    With
    the change in our business, our working capital requirements relate to our proposed restaurant business. Before we can open any
    restaurant, we will need sufficient upfront capital to cover our cash outlays before we generate revenue. These expenditures include
    finding an acceptable location, negotiating a lease and making the initial payments under the lease, making the leasehold improvements,
    including the purchase or lease of restaurant equipment, obtaining necessary permits, developing relationships with food suppliers
    and the media, and recruiting and training staff and payroll during the preopening period. Until we have demonstrated that we
    are able to operate an upscale restaurant profitable, we may have difficulty in obtaining the financing. It may be necessary for
    us to provide the financing source with an equity position in a restaurant, which would reduce our percentage interest in the
    restaurant. Our principal source of funds for the nine months ended September 30, 2019 was loans from related parties, including
    our chief executive officer and an officer. These loans had term with range from six to 24 months with annual interest of 24%
    (see Note 6). To the extent we have to raise funds through the sale of our equity securities, it would be necessary for us to
    issue equity at a discount from the market price, which could result in significant dilution to our stockholders. We do not have
    any agreement or understanding with any financing source and we cannot assure you we will be able to obtain the funding required
    for any restaurant. To the extent we are not able to obtain the necessary financing, we may not be able to open restaurants, which
    would severely impair our ability to operate profitably. There is no assurance we will be able to raise any funds on terms favorable
    to us, or at all or that related parties will provide us with short-term financing to meet our immediate cash needs. In the event
    we issue shares of equity or convertible securities, the shares held by our existing stockholders would be diluted. Future expansion
    will be limited by the availability of financing products and raising capital.

    Going
    Concern

    As discussed
    in Note 2 to the financial statements, we had net loss of $1,672,879 for nine months ended September 30, 2019. Our accumulated
    deficit was $31.54 million as of September 30, 2019. We have significant cash requirements for our restaurant business. These
    issues raise substantial doubt regarding our ability to continue as a going concern. The financial statements do not include any
    adjustments that might result from the outcome of this uncertainty.

    Off-Balance
    Sheet Arrangements

    We have
    not entered into any other financial guarantees or other commitments to guarantee the payment obligations of any third parties.
    We have not entered into any derivative contracts that are indexed to our shares and classified as stockholders’ equity
    or that are not reflected in our consolidated financial statements. Furthermore, we do not have any retained or contingent interest
    in assets transferred to an unconsolidated entity that serves as credit, liquidity or market risk support to such entity. We do
    not have any variable interest in any unconsolidated entity that provides financing, liquidity, market risk or credit support
    to us or engages in leasing, hedging or research and development services with us.

    Critical
    Accounting Policies and Estimates

    Our management’s
    discussion and analysis of our financial condition and results of operations are based on our consolidated financial statements,
    which were prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”).
    The preparation of these financial statements requires us to make estimates and assumptions that affect the reported amounts of
    assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements as well
    as the reported net sales and expenses during the reporting periods. On an ongoing basis, we evaluate our estimates and assumptions.
    We base our estimates on historical experience and various other factors that we believe are reasonable under the circumstances,
    the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily
    apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

    While
    our significant accounting policies are more fully described in Note 2 to our consolidated financial statements, we believe the
    following accounting policies are the most critical to assist you in fully understanding and evaluating this management discussion
    and analysis.

    Principles
    of Consolidation

    The consolidated
    financial statements include the accounts of the Company and its subsidiaries, DB-Link, DBUB Pte and Huantai. All material intercompany
    accounts, transactions, balances and profits were eliminated in consolidation.

    Ingresos
    Recognition

    In May
    2014 the FASB issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which supersedes
    all existing revenue recognition requirements, including most industry-specific guidance. This new standard requires a company
    to recognize revenues when it transfers goods or services to customers in an amount that reflects the consideration that the company
    expects to receive for those goods or services. The FASB subsequently issued the following amendments to ASU No. 2014-09 that
    have the same effective date and transition date: ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606): Principal
    versus Agent Considerations; ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations
    and Licensing; ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients;
    and ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.

    El nuevo
    revenue standards became effective for the Company on January 1, 2018, and were adopted using the modified retrospective method.
    The adoption of the new revenue standards as of January 1, 2018 did not change the Company’s revenue recognition as the
    Company does not have any revenue yet. As the Company will not identify any accounting changes that impacted the amount of reported
    revenues with respect to its product revenues, no adjustment to retained earnings will be required upon adoption.

    Under
    the new revenue standards, the Company recognizes revenues when its customer obtains control of promised goods or services, in
    an amount that reflects the consideration which it expects to receive in exchange for those goods. The Company recognizes revenues
    following the five step model prescribed under ASU No. 2014-09: (i) identify contract(s) with a customer; (ii) identify the performance
    obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations
    in the contract; and (v) recognize revenues when (or as) we satisfy the performance obligation.

    ITEM
    3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

    The Company
    is not required to provide the information required by this Item as it is a smaller reporting company.

    ITEM
    4. CONTROLS AND PROCEDURES

    Evaluation
    of Disclosure Controls and Procedures

    Under
    the supervision and with the participation of our management, including our principal executive officer and principal financial
    officer, our management conducted an evaluation of our disclosure controls and procedures as of September 30, 2019, as such term
    is defined in Rules 13a-15(e) and 15d-15(e)under the Exchange Act. Based on this evaluation, our principal executive officer and
    principal financial officer concluded that, as of such date, the Company’s disclosure controls and procedures were not effective
    due to the material weakness in our internal controls identified in our Quarterly Report on Form 10-Q for the period ended September
    30, 2019. Specifically, we currently lack sufficient accounting personnel with the appropriate level of knowledge, experience
    and training in U.S. GAAP and SEC reporting requirements.

    We have
    taken, and are taking, certain actions to remediate the material weakness related to our lack of U.S. GAAP experience. We plan
    to hire additional credentialed professional staff and consulting professionals with greater knowledge and experience of U.S.
    GAAP and related regulatory requirements to oversee our financial reporting process in order to ensure our compliance with U.S.
    GAAP and other relevant securities laws. In addition, we provided additional training to our accounting personnel on U.S. GAAP,
    and other regulatory requirements regarding the preparation of financial statements. Until such time as we hire qualified accounting
    personnel with the requisite U.S. GAAP knowledge and experience and train our current accounting personnel, we have engaged an
    outside CPA with U.S. GAAP knowledge and experience to supplement our current internal accounting personnel and assist us in the
    preparation of our financial statements to ensure that our financial statements are prepared in accordance with U.S. GAAP.

    Disclosure
    controls and procedures are designed to provide that information required to be disclosed by us in reports that we file or submit
    under the Exchange Act is accumulated, recorded, processed, summarized, communicated to our management, including our principal
    executive officer and principal financial officer and reported within the time periods specified in Securities and Exchange Commission
    rules and forms.

    Changes
    in Internal Control Over Financial Reporting

    There
    were no changes in our internal control over financial reporting (“ICFR”) that occurred during our third fiscal quarter
    that have materially affected, or are reasonably likely to materially affect, our ICFR.

    PART
    II. OTHER INFORMATION

    ITEM 1. LEGAL
    PROCEEDINGS

    administración
    is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties.
    As of the date of this Quarterly Report, no director, officer or affiliate is (i) a party adverse to us in any legal proceeding,
    or (ii) has an adverse interest to us in any legal proceedings. Management is not aware of any other legal proceedings pending
    or that have been threatened against us or our properties.

    ITEM
    1A. RISK FACTORS.

    Not applicable
    to a smaller reporting company.

    ITEM
    2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

    There
    were no issuance of options or shares, registered or not, during three-month period ended September 30, 2019.

    ITEM
    3. DEFAULTS UPON SENIOR SECURITIES

    No senior
    securities were issued and outstanding during the three-month period ended September 30, 2019.

    ITEM
    4. MINE SAFETY DISCLOSURES

    Not applicable.

    ITEM
    5. OTHER INFORMATION

    On
    July 14, 2019, the Company engaged Prager Metis CPAs LLC (“Prager Metis”) as the Company’s independent registered
    public accounting firm for the year ending December 31, 2019, which was approved by the Company’s Board of Directors.

    During
    the Company’s two most recent fiscal years ended December 31, 2018 and 2017 and during the subsequent interim period from
    January 1, 2019 through May 31, 2019, neither the Company nor anyone on its behalf has consulted with Prager Metis regarding either
    (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion
    that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided
    to the Company that Prager Metis concluded was an important factor considered by the Company in reaching a decision as to any
    accounting, auditing or financial reporting issue, or (ii) any matter that was either the subject of a “disagreement”
    or a “reportable event,” as such terms are defined in Regulation S-K Item 304(a)(1)(iv) and (v), respectively.

    ITEM 6. EXHIBITS

    * * Previously
        filed
    ** Filed herewith
    ** In accordance with
        Item 601(b)(32)(ii) of Regulation S-K and SEC Release No. 34-47986, the certifications furnished in Exhibits 32.1 and 32.2
        herewith are deemed to accompany this Form 10-Q and will not be deemed filed for purposes of Section 18 of the Exchange Act.
        Such certifications will not be deemed to be incorporated by reference into any filings under the Securities Act or the Exchange
        Act.

    SIGNATURES

    In accordance
    with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto
    duly authorized.

    DBUB GROUP, INC.
    Dated:
        November 14, 2019
    Por: /s/
        Zinan Zhou
    Zinan Zhou

    Chief Executive Officer and
            Director

    (Principal Executive Officer)

    Exhibit 31.1

    CERTIFICATION OF CHIEF EXECUTIVE
    OFFICER

    PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY
    ACT OF 2002

    I, Zinan Zhou, certify that:

    1) I
        have reviewed this Report on Form 10-Q for the quarter ended September 30, 2019 of DBUB Group, Inc.;
    2) Based
        on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
        to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect
        to the period covered by this report;
    3) Based
        on my knowledge, the financial statements, and other financial information included in this report, fairly present in all
        material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods
        presented in this report;
    4) los
        registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls
        and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as
        defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

    (a) Designed
        such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
        to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to
        us by others within those entities, particularly during the period in which this report is being prepared;
    (b) Designed
        such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
        our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial
        statements for external purposes in accordance with generally accepted accounting principles;;
    (c) Evaluated
        the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions
        about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based
        on such evaluation; y
    (d) Disclosed
        in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s
        most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially
        affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting;
        and.

    5) los
        registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control
        over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors
        (or persons performing the equivalent functions):

    (a) All
        significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
        are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial
        information; y
    (b) Any
        fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s
        internal control over financial reporting.

    Fecha:
        14 de noviembre de 2019
    /s/
        Zinan Zhou
    Zinan
        Zhou
    Chief
        Executive Officer
    (Principal
        Executive Officer)

    Exhibit 31.2

    CERTIFICATION OF CHIEF FINANCIAL
    OFFICER

    PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY
    ACT OF 2002

    I, Dongming Xing, certify that:

    1) I
        have reviewed this Report on Form 10-Q for the quarter ended September 30, 2019 of DBUB Group, Inc.;
    2) Based
        on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
        to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect
        to the period covered by this report;
    3) Based
        on my knowledge, the financial statements, and other financial information included in this report, fairly present in all
        material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods
        presented in this report;
    4) los
        registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls
        and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as
        defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

    (a) Designed
        such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
        to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to
        us by others within those entities, particularly during the period in which this report is being prepared;
    (b) Designed
        such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
        our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial
        statements for external purposes in accordance with generally accepted accounting principles;;
    (c) Evaluated
        the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions
        about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based
        on such evaluation; y
    (d) Disclosed
        in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s
        most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially
        affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting;
        and.

    5) los
        registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control
        over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors
        (or persons performing the equivalent functions):

    (a) All
        significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which
        are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial
        information; y
    (b) Any
        fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s
        internal control over financial reporting.

    Fecha:
        14 de noviembre de 2019
    /s/
        Dongming Xing
    Dongming
        Xing
    Chief
        Financial Officer
    (Principal
        Financial Officer)

    Exhibit 32.1

    CERTIFICATION PURSUANT TO 18 U.S.C.
    SECTION 1350,

    AS ADOPTED PURSUANT TO

    SECTION 906 OF THE SARBANES-OXLEY
    ACT OF 2002

    In connection with the Report of
    DBUB Group, Inc. (the “Registrant”) on Form 10-Q for the period ending September 30, 2019 as filed with the
    Securities and Exchange Commission on the date hereof (the “Report”), I, Zinan Zhou, certify, pursuant to 18
    U.S.C. ss. 1350, as adopted pursuant to Section. 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

    (1) los
        Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; y
    (2) los
        information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
        of the Registrant.

    Fecha:
        14 de noviembre de 2019
    Por: /s/
        Zinan Zhou
    Zinan
        Zhou
    Chief
        Executive Officer

    Exhibit 32.2

    CERTIFICATION PURSUANT TO 18 U.S.C.
    SECTION 1350,

    AS ADOPTED PURSUANT TO

    SECTION 906 OF THE SARBANES-OXLEY
    ACT OF 2002

    In connection with the Report of DBUB
    Group, Inc. (the “Registrant”) on Form 10-Q for the period ending September 30, 2019 as filed with the Securities and Exchange
    Commission on the date hereof (the “Report”), I, Dongming Xing, certify, pursuant to 18 U.S.C. ss. 1350, as adopted
    pursuant to Section. 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

    (1) los
        Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; y
    (2) los
        information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
        of the Registrant.

    Fecha:
        14 de noviembre de 2019
    Por: /s/
        Dongming Xing
    Dongming
        Xing
    Chief
        Financial Officer

    Fuente

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