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Migom Global Corp. – ‘10-Q’ for 6/30/20 – ‘R18’

On:  Tuesday, 10/20/20, at 3:20pm ET   ·   For:  6/30/20   ·   Accession #:  1213900-20-32306   ·   File #:  333-216086

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/20/20  Migom Global Corp.                10-Q        6/30/20   49:2.1M                                   EdgarAgents LLC/FA

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    190K 
 2: EX-31       Certification -- §302 - SOA'02                      HTML     21K 
 3: EX-32       Certification -- §906 - SOA'02                      HTML     15K 
10: R1          Document And Entity Information                     HTML     49K 
11: R2          Condensed Consolidated Balance Sheets (Unaudited)   HTML     80K 
12: R3          Condensed Consolidated Balance Sheets (Unaudited)   HTML     32K 
                (Parentheticals)                                                 
13: R4          Condensed Consolidated Statement of Operations      HTML     60K 
                (Unaudited)                                                      
14: R5          Condensed Consolidated Statement of Shareholders?   HTML     57K 
                Equity (Unaudited)                                               
15: R6          Condensed Consolidated Statement of Cash Flows      HTML     77K 
                (Unaudited)                                                      
16: R7          Organization and Operations                         HTML     27K 
17: R8          Significant and Critical Accounting Policies and    HTML     55K 
                Practices                                                        
18: R9          Acquisitions                                        HTML     20K 
19: R10         Going Concern                                       HTML     19K 
20: R11         Property and Equipment                              HTML     20K 
21: R12         Intangible Assets                                   HTML     19K 
22: R13         Notes Payable to Related Party                      HTML     18K 
23: R14         Shareholders' Equity                                HTML     22K 
24: R15         Related Party Transactions                          HTML     21K 
25: R16         Income Taxes                                        HTML     27K 
26: R17         Commitments and Contingencies                       HTML     18K 
27: R18         Subsequent Events                                   HTML     19K 
28: R19         Accounting Policies, by Policy (Policies)           HTML    103K 
29: R20         Property and Equipment (Tables)                     HTML     19K 
30: R21         Intangible Assets (Tables)                          HTML     19K 
31: R22         Income Taxes (Tables)                               HTML     24K 
32: R23         Organization and Operations (Details)               HTML     36K 
33: R24         Significant and Critical Accounting Policies and    HTML     31K 
                Practices (Details)                                              
34: R25         Acquisitions (Details)                              HTML     25K 
35: R26         Going Concern (Details)                             HTML     27K 
36: R27         Property and Equipment (Details)                    HTML     17K 
37: R28         Property and Equipment (Details) - Schedule of      HTML     23K 
                property, plant and equipment                                    
38: R29         Intangible Assets (Details)                         HTML     16K 
39: R30         Intangible Assets (Details) - Schedule of           HTML     23K 
                intangible assets                                                
40: R31         Notes Payable to Related Party (Details)            HTML     28K 
41: R32         Shareholders' Equity (Details)                      HTML     50K 
42: R33         Related Party Transactions (Details)                HTML     39K 
43: R34         Income Taxes (Details)                              HTML     20K 
44: R35         Income Taxes (Details) - Schedule of deferred tax   HTML     24K 
                assets                                                           
45: R36         Income Taxes (Details) - Schedule of income tax     HTML     20K 
                rate                                                             
46: R37         Commitments and Contingencies (Details)             HTML     16K 
48: XML         IDEA XML File -- Filing Summary                      XML     84K 
47: EXCEL       IDEA Workbook of Financial Reports                  XLSX     61K 
 4: EX-101.INS  XBRL Instance -- mgom-20200630                       XML    415K 
 6: EX-101.CAL  XBRL Calculations -- mgom-20200630_cal               XML     65K 
 7: EX-101.DEF  XBRL Definitions -- mgom-20200630_def                XML    329K 
 8: EX-101.LAB  XBRL Labels -- mgom-20200630_lab                     XML    643K 
 9: EX-101.PRE  XBRL Presentations -- mgom-20200630_pre              XML    330K 
 5: EX-101.SCH  XBRL Schema -- mgom-20200630                         XSD    100K 
49: ZIP         XBRL Zipped Folder -- 0001213900-20-032306-xbrl      Zip     78K

‘R18’   —   Subsequent Events

This is an IDEA Financial Report.  [ Alternative Formats ]

 
v3.20.2
Subsequent Events
 6 Months Ended
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 12 – SUBSEQUENT EVENTS


The Company has evaluated all events that occur after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The Management of the Company determined that there were reportable subsequent event(s) to be disclosed.


The Company has been affected negatively by COVID-19 directly and adversely affected the development this year as follows: (a) administrative lockdowns impeded the Company’s ability to scout, interview and recruit both key management staff and clerical and support employees as opening new offices and training of new employees has been impeded. Furthermore, due to travel restrictions and closures of administrative and regulatory offices in various target markets internationally, new development plans have been put on hold. Attracting capital investment has become more challenging due to travel and social interaction restrictions, which prevented the Company from being able to make in-person presentations and roadshows to investors. Interaction with the acquisition targets, regulators, banks and other vendors of requisite services in Dominica and Hong Kong has been made very difficult due to travel restrictions to the respective areas and has been mainly put on hold. Key personnel of the Company has been directly affected by COVID-19, in particular, which certain employees and vital outsourced contractors had contracted and suffered through active COVID-19 infections.

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing    Date    Other Filings
Filed on:10/20/208-K
For Period end:6/30/20NT 10-Q
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Filing Submission 0001213900-20-032306   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
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