UNITED STATES      
     SECURITIES AND EXCHANGE COMMISSION    
       Washington, D. C. 20549      
             
             
       Form 10-Q      
             
             
   
[X] QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   
             
      For the quarterly period ended September 30, 2019      
             
       or      
             
   
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
   
             
       For the transition period from _____ to _____      
             
       Commission File Number: 333-1000046      
             
             
      Chun Can Capital Group    
      (Exact name of registrant as specified in its charter)      
             
             
    Nevada       52-2360156  
   (State or other jurisdiction of incorporation)        (IRS Employer Identification Number)  
             
             
  Costa Rica Street          
  Yesiana, Alma Rosa 1
         
   Santo Domingo, Este       11506  
     (Address of principal executive offices and Zip Code)        (Zip Code)  
             
             
       (809) 249-7769      
       (Registrant's telephone number, including area code)      
             
 
 

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the last 90 days. YES [X]   NO [  ]
 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (SS 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).
YES [X]     NO [  ]
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer, "accelerated filer," "non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer
[  ]
Accelerated Filer
[  ]
Non-accelerated Filer
[  ]
Smaller Reporting Company
[X]
(Do not check if smaller reporting company)
              Emerging growth company   [  ] 
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).   YES [  ]    NO [X]
 
 
   APPLICABLE ONLY TO CORPORATE ISSUERS:  
     
 As of February 26, 2020, there were 33,011 shares of the registrant's $0.001 par value common stock issued and outstanding.  
 
Explanatory Note


   The purpose of this amendment to Chun Can Capital Group Quarterly Report on Form 10-Q/A for the period ended September 30, 2019 ("Form 10-Q/A"), is because on February 6, 2020 the Registrant files a Form 10-Q for the period ended September 30, 2013 but by mistaake it was reported that it was for the period ended September 30, 2019.  In all other respects, the Form 10-Q for the period ended September 30, 2013 for that period was correct.  This therefore is the correct data for the period ended September 30, 2019.


1


 
 
 Chun Can Capital Group
Form 10- Q/A
 
For the Fiscal Quarter Ended September 30, 2019
 
TABLE OF CONTENTS
      Page
 Part I 
       
 Item 1 Financial Statements  3
 Item 2 Management Discussion and Analysis of Financial Condition and Results of Operations  10
 Item 3 Quantitave and Qualitative Disclosures About Market Risk  13
 Item 4 Controls and Procedures  13
       
Part II
 Item 1 Legal Proceedings  14
 Item 1A Risk Factors  14
 Item 2 Unregistered Sales of Equity Securities and Use of Proceeds  14
 Item 3 Defaults Upon Senior Securities  14
 Item 4 Mine Safety Disclosures  14
 Item 5 Other Information  14
 Item 6 Exhibits  15
     
Signatures      16
 
 
 
PART I - FINANCIAL INFORMATION
       
 Item 1 Financial Statements  
 
  Chun Can Capital Group
(Formerly Cintel Corp. and Sunsidiary)
 
Financial Statements
 For the Fiscal Quarter Ended September 30, 2019
 
TABLE OF CONTENTS
 
     Page
Condensed Consolidated Balance Sheets (unaudited) F-2
Condensed Consolidated Statements of Operations and Comprehensive Income (unaudited) F-3
Condensed Consolidated Statements of Cash Flows (unaudited) F-4
Condenses Consolidated Statements if Stockholders Deficit (Unaudited) F-5 
Notes to the Financial Statements (unaudited) F-6
       
       
F-1   
 
3

 
 
CHUN CAN CAPITAL GROUP
           
(formerly CINTEL CORP. AND SUBSIDIARY)
           
CONDENSED CONSOLIDATED BALANCE SHEETS
           
SEPTEMBER 30, 2019 AND DECEMBER 31, 2018
           
(In thousands, except share and per share amounts)
           
             
     
September 30,
   
December 31,
 
   
2019
   
2018
 
     
(Unaudited)
       
ASSETS
           
Current assets:
           
Cash and cash equivalents
 
$
-
   
$
-
 
Loans receivable
   
-
     
-
 
Total current assets
   
-
     
-
 
                 
Long-term investments
   
-
     
-
 
Property and equipment, net
   
-
     
-
 
Equity method investments
   
-
     
-
 
Deposits and other assets
   
-
     
-
 
                 
Total assets
 
$
-
   
$
-
 
                 
LIABILITIES AND STOCKHOLDERS' DEFICIT
               
                 
Current liabilities:
               
Accounts payable
   
-
     
-
 
Accrued liabilities
   
-
     
-
 
Other current liabilities
   
-
     
-
 
Total current liabilities
   
-
     
-
 
Accrued severance benefits
   
-
     
-
 
Convertible debt
   
-
     
-
 
Total liabilities
   
-
     
-
 
                 
Commitments
   
-
     
-
 
                 
Stockholders' deficit:
               
Preferred stock:  par value $0.001 per share, 30,000,000
               
shares authorized, none issued and outstanding
   
-
     
-
 
Common stock:  par value $0.001 per share, 270,000,000
               
shares authorized, 33,011 and 33,011 shares issued and
               
outstanding
   
3
     
3
 
Additional paid-in capital
   
20,666
     
20,666
 
Accumulated deficit
   
(20,669
)
   
(20,669
)
Accumulated other comprehensive loss
   
-
     
-
 
Total stockholders' deficit
   
-
     
-
 
                 
Total liabilities and stockholders' deficit
   
-
     
-
 
                 
                 
See accompanying notes to financial statements.       
 
 
 
F-2
 
 
 
CHUN CAN CAPITAL GROUP
                       
(formerly CINTEL CORP. AND SUBSIDIARY)
                       
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
             
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2019 AND 2018
                       
(Unaudited, in thousands, except per share amounts)
                       
                         
    
For the Three Months Ended
   
For the Nine Months Ended
 
   
September 30,   
   
September 30,   
 
   
2019
   
2018
   
2019
   
2018
 
                         
Net revenues
 
$
-
   
$
-
   
$
-
   
$
-
 
Operating expenses:
                               
General and administrative expenses
   
-
     
-
     
-
     
-
 
Depreciation and amortization
   
-
     
-
     
-
     
-
 
Goodwill impairment loss
   
-
     
-
     
-
     
-
 
Total operating expenses
   
-
     
-
     
-
     
-
 
Loss from operations
   
-
     
-
 
   
-
     
-
 
                                 
Other income (expenses):
                               
 Net loss on sale of property and equipment
   
-
     
-
     
-
     
-
 
 Interest expense
   
-
     
-
 
   
-
     
-
 
 Impairment loss on investment
   
-
     
-
 
   
-
     
-
 
 Share of loss from equity investment
   
-
     
-
 
   
-
     
-
 
 Foreign currency transactions, net
   
-
     
-

   
-
     
-

Gain on debt settlement
   
-
     
-
     
-
     
-
 
Other income (expenses), net
   
-
     
-
 
   
-
     
-
 
                                 
Income (loss) before income taxes
   
-
     
-
 
   
-
     
-
 
                                 
Income tax expense
   
-
     
-
     
-
     
-
 
                                 
Net income (loss)
   
-
     
-
 
   
-
     
-
 
                                 
Other comprehensive income (loss)
                               
Foreign currency translation adjustment
   
-
     
-
 
   
-
     
-
 
     
-
     
-
 
   
-
     
-
 
                                 
Total comprehensive income (loss)
 
$
-
   
$
-
 
 
$
-
   
$
-
 
                                 
Income (loss) per share – basic and diluted:
 
$
-
   
$
-
 
 
$
-
   
$
-
 
                                 
Weighted average number of
                               
common shares outstanding - basic and diluted
   
33,011
     
33,011
     
33,011
     
33,011
 
                                 
                                 
See accompanying notes to financial statements.               
 
 
 
F-3
 
 
CINTEL CORP. AND SUBSIDIARY
           
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
           
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2019 AND 2018
           
(Unaudited, in thousands)
           
             
     
For the Nine Months Ended
 
   
September 30,
 
   
2019
   
2018
 
Cash flows from operating activities:
           
Net income (loss)
 
$
-
   
$
-
 
Adjustments to reconcile net loss to net cash
               
provided by (used in) operating activities:
               
Investment impairment
   
-
     
-
 
Impairment of goodwill
   
-
     
-
 
Depreciation expense
   
-
     
-
 
Share of loss from equity investment
   
-
     
-
 
Net loss on sale of property
   
-
     
-
 
Foreign currency transaction (gain) loss
   
-
     
-
 
Shares issued for services
   
-
     
-
 
Gain on debt settlement
   
-
     
-
 
(Increase) decrease in assets:
               
Prepaid expenses and other assets
   
-
     
-
 
Security deposits
   
-
     
-
 
Increase (decrease) in liabilities:
               
Accounts payable
   
-
     
-
 
Accrued liabilities
   
-
     
-
 
Cash provided by (used in) operating activities
   
-
     
-
 
                 
Cash flows from investing activities:
               
Payments on loan receivable
   
-
     
-
 
Proceeds from loan receivable
   
-
     
-
 
Cash provided by investing activities
   
-
     
-
 
                 
Cash flows from financing activities:
               
Proceeds from notes payable
   
-
     
-
 
Principal payments of notes payable
   
-
     
-
 
Cash used in financing activities
   
-
     
-
 
                 
Net decrease in cash and cash equivalent
   
-
     
-
 
Effect of foreign currency translation
   
-
     
-
 
Cash and cash equivalent - beginning of period
   
-
     
-
 
                 
Cash and cash equivalent - end of period
 
$
-
   
$
-
 
                 
Supplemental Disclosure of Cash Flows Information:
               
Cash paid during the year for:
               
Interest
 
$
-
   
$
-
 
Income taxes
 
$
-
   
$
-
 
                 
                 
See accompanying notes to financial statements.
 
 
 
 
F-4
 
 
 CHUN CAN CAPITAL GROUP
                             
 (formerly CINTEL CORP. AND SUBSIDIARY)
                             
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT
                   
THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2019 AND 2018
                         
 (Unaudited, in thousands, except per share amounts)
                             
                               
                               
               
Additional
             
   
Common stock
   
Paid-in
   
Accumulated
       
   
Shares
   
Amount
   
Capital
   
Deficit
   
Total
 
 Balance, December 31, 2018
   
33,011
   
$
3
   
$
20,666
   
$
(20,669
)
 
$
-
 
                                         
 Net income (loss)
   
-
     
-
     
-
     
-
     
-
 
                                         
 Balance, March 31, 2019
   
33,011
     
3
     
20,666
     
(20,669
)
   
-
 
                                         
 Net income (loss)
   
-
     
-
     
-
     
-
     
-
 
                                         
 Balance, June 30, 2019
   
33,011
   
$
3
   
$
20,666
   
$
(20,669
)
 
$
-
 
                                         
Net income (loss)     -       -       -       -       -  
                                         
Balance, September 30, 2019     33,011     $ 3     $ 20,666     $ (20,669 )   $ -  
                                         
                                         
 Balance, December 31, 2017
   
33,011
   
$
2
   
$
20,666
   
$
(20,669
)
 
$
-
 
                                         
 Net income (loss)
   
-
     
-
     
-
     
-
     
-
 
                                         
 Balance, March 31, 2017
   
33,011
   
$
3
   
$
20,666
   
$
(20,669
)
 
$
-
 
                                         
 Net income (loss)
   
-
     
-
     
-
     
-
     
-
 
                                         
 Balance, June 30, 2018
   
33,011
   
$
3
   
$
20,666
   
$
(20,669
)
 
$
-
 
                                         
Net income (loss)     -       -       -       -
    -  
                                         
Balance, September 30, 2018     33,011     $ 3     $ 20,666     $ (20,669 )   $ -
                                         
                                         
                                         
See accompanying notes to financial statements.
 
 
 
F-5
 
 
CHUN CAN CAPITAL GROUP
(formerly CINTEL CORP. AND SUBSIDIARY)
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS



Note 1 – Basis of Presentation

The accompanying unaudited condensed consolidated financial statements of Chun Can Capital Group (formerly Cintel Corp.) (the "Company") have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, these condensed consolidated financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In management's opinion, the accompanying unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments), necessary to state fairly the financial information included herein.

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make judgments, estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results may differ materially from these estimates.  In addition, any changes in these estimates or their related assumptions could have a materially adverse effect on the Company's operating results.

Where the functional currency of the Company's foreign subsidiaries is the local currency, all assets and liabilities are translated into U.S. dollars, using the exchange rate on the consolidated balance sheet date, and revenues and expenses are translated at average rates prevailing during the period.  Accounts and transactions denominated in foreign currencies have been re-measured into functional currencies before translated into U.S. dollars.  Foreign currency transaction gains and losses are included as a component of other income and expense.  Gains and losses from foreign currency translation are included as a separate component of comprehensive income.

These unaudited condensed consolidated financial statements include the accounts of Cintel Corp. and its wholly-owned subsidiary. All intercompany accounts and transactions have been eliminated in consolidation. While the Company believes that the disclosures are adequate to make the information not misleading, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes included in the Company's Annual Report on Form 10-K for the year ended December 31, 2018.

Going Concern

The Company's financial statements are presented on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business.  The Company is a non-operating shell company which has experienced recurring operating losses and has.an accumulated deficit.  These conditions raise uncertainty about the Company's ability to continue as a going concern for a period of one year from the issuance of these financial statements.

The Company's ability to continue as a going concern is contingent upon its ability to secure additional financing, increase sales of its product and attain profitable operations. It is the intent of management to continue to raise additional funds to sustain operations and to pursue acquisitions of operating companies in order to generate future profits for the Company.  Although the Company plans to pursue additional equity financing, there can be no assurance that the Company will be able to secure financing when needed or obtain such on terms satisfactory to the Company, if at all.
 
The accompanying financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result from the outcome of this uncertainty.

F-6
 
CHUN CAN CAPITAL GROUP
(formerly CINTEL CORP. AND SUBSIDIARY)
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS


 Note 2 - Income Taxes

Corporate tax rates range from 10% to 34%. The Company provided a valuation allowance equal to the deferred tax amounts resulting from the tax losses in the United States, as it is not likely that they will be realized.  

The U.S. tax losses can be carried forward for 15 to 20 years to offset future taxable income and expire in years 2020 to 2029.  
 
The provision for income taxes for the nine months ended September 31, 2019 and 2018 are summarized as follows:

 
2019
 
2018
 
 
(In thousands)
 
 
       
Income tax – current
 
$
-
   
$
-
 
Income tax – deferred
   
-
     
-
 
 
 
$
-
   
$
-
 

The Company has deferred tax assets (liabilities) at September 30, 2019 and December 31, 2018 as follows:

 
2019
 
2018
 
 
(In thousands)
 
 
       
Net operating loss carryforwards
 
$
-
   
$
-
 
Valuation allowance
   
(-
)
   
(-
)
 
 
$
-
   
$
-
 

Note 3 – Capital Stock

On March 12, 2011, the Company entered into a share purchase agreement with an officer of the Company, for the sale and issuance of 1,391 shares of common stock at a price of $0.03 per share.

In the 4th quarter of 2011, the Company issued 7,795 shares of common stock for services at a price of $0.03 per share.
 
On March 16, 2017, the Company effected a 1 for 4,000 reverse stock split.  All share and per share information have been retroactively adjusted for this reverse stock split.
 
 
F-8
 
 
 ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF OPERATION.
 
Forward Looking Statements
 
This section and other parts of this Form 10-Q quarterly report includes "forward-looking statements", that involves risks and uncertainties. All statements other than statements of historical facts, included in this Form 10-Q that address activities, events, or developments that we expect or anticipate will or may occur in the future, including such things as future capital expenditures (including the amount and nature thereof), business strategy and measures to implement strategy, competitive strength, goals, expansion and growth of our business and operations, plans, references to future success, reference to intentions as to future matters, and other such matters are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially. These statements are based upon certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments as well as other factors that we believe are appropriate in the circumstances. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks, uncertainties, and other factors, many of which are beyond our control.
 
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. Moreover, we do not assume responsibility for the accuracy and completeness of such forward-looking statements. We are under no duty to update any of the forward-looking statements after the date of this report to conform such statements to actual results.
 
 
RESULTS OF OPERATIONS
(in thousands)

Working Capital
 
  September 30,   December 31,  
  2019   2018  
         
 Current Assets     $ -     $ -  
 Current Liabilities     -       -
 Working Capital (Deficit)    $ -
  $ -
 
 
Cash Flows
 
 
  September 30,   June 30,  
  2019   2018  
         
 Cash Flows from (used in) Operating Activities   $ -     $ -
 Cash Flows provided by Investing Activities     -       -
 Cash Flows from (used in) Financing Activities     -       -  
 Net Increase (decrease) in Cash During Period     -       -  

 
 

Operating Revenues
 
We have generated revenues of $0 and $0 for the three and nine months ended September 30, 2019 and 2018.

 

Operating Expenses and Net Loss
 
 
 Operating expenses for the three months ended September 30, 2019 were $0 compared with $0 for the three months ended September 30, 2018.  
      Operating expenses for the nine months ended September 30, 2019 were $0 compared with $0 for the nine months ended September 30, 2018.  
 During the three months ended September 30, 2019, the Company recorded a net income of $0. compared with net income of $0 for the three months ended September 30, 2018.      
   During the nine months ended September 30, 2019, the Company recorded a net income in thousands of $0. compared with net income of $0 for the nine months ended September 30, 2018. 
            
 

Liquidity and Capital Resources
 
 As at September 30, 2019, the Company's cash balance was $0 compared to cash balance of $0 at September 30, 2018. As of September 30, 2019, the Company's total assets were $0 compared to total assets of $0 as at September 30, 2018.
 
 As of September 30, 2019, the Company had total liabilities of $0 compared with total liabilities of $0 as at September 30, 2018. 
 

Cashflow from Operating Activities
 
 During the nine months ended September 30, 2019 the Company used $0 of cash for operating activities compared to the use of $0 of cash for operating activities during the nine months ended September 30, 2018.  
 
 

Cashflow from Financing Activities
 

During the nine months ended September 30, 2019 the Company did not receive any cash from financing activities as compared to $0 for the nine months ended September 30, 2018. 
 
 

Subsequent Developments
 
   None
 

Going Concern

    We have not attained profitable operations and are dependent upon the continued financial support from our shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from our future business. These factors raise substantial doubt regarding our ability to continue as a going concern.
 
 

Off-Balance Sheet Arrangements
 
    We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

 

Future Financings

    The Company will consider selling securities in the future to fund operations.   There is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.
 
 
 
Critical Accounting Policies

Our consolidated financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally  accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods.

We regularly evaluate the accounting policies and estimates that we use to prepare our consolidated financial statements. A complete summary of these policies is included in the notes to our consolidated financial statements. In general, management's estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

Recently Issued Accounting Pronouncements

The Company has implemented all new accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.
 
 
 ITEM 3.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.
 
 
Market risk is the risk of loss from adverse changes in market prices and rates. The Company's market risk arises primarily from the fact that the area in which we do business is highly competitive and constantly evolving. The market in which we do business is highly competitive and constantly evolving. We face competition from the larger and more established companies, from companies that have greater resources, including but not limited to, more money, and greater ability to expand their markets also cut into our potential customers. Many of our competitors have longer operating histories, significantly greater financial strength, nationwide advertising coverage and other resources that we do not have. 
 
 ITEM 4.    CONTROLS AND PROCEDURES
 
 
Evaluation of Disclosure Controls and Procedures

Based on their evaluation of our disclosure controls and procedures(as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the "Exchange Act"), our principal executive officer and principal financial officer have concluded that as of the end of the period covered by this quarterly report on Form 10-Q such disclosure controls and procedures were not effective due to the lack of segregation of duties and lack of a formal review process that includes multiple levels of review to ensure that information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms because of the identification of a material weakness in our internal control over financial reporting which we view as an integral part of our disclosure controls and procedures. The material weakness relates to the lack of segregation of duties in financial reporting, as our financial reporting and all accounting functions are performed by an external consultant with no oversight by a professional with accounting expertise.  Our CEO/CFO does not possess accounting expertise and our company does not have an audit committee.  This weakness is due to the company's lack of working capital to hire additional staff.  To remedy this material weakness, we intend to engage another accountant to assist with financial reporting as soon as our finances will allow.
 
 
Changes in Internal Control over Financial Reporting

Except as noted above, there have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our first quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
 
 
PART II - OTHER INFORMATION
 
 ITEM 1.    LEGAL PROCEEDINGS
 
 None
 
 ITEM 1A.    RISK FACTORS
 
We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.
 
 
 ITEM 2.    UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
 
   None
 
 
 ITEM 3.    DEFAULTS UPON SENIOR SECURITIES.
 
None
 
 
 ITEM 4.    MINE SAFETY DISCLOSURE.
 
Not Applicable
 
 
 ITEM 5.    OTHER INFORMATION.
 


None

 
 
 ITEM 6.    EXHIBITS
 

Exhibit Number    Form  Date  Number  Filed Herewith
           
31.1     Certification of Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002       X
31.2     Certification of Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002       X
32.1     Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002       X
32.2
Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
     
X
           
 101.INS     XBRL Instance Document.        X
 101.SCH     XBRL Taxonomy Extension – Schema.          X
 101.CAL       XBRL Taxonomy Extension – Calculations.         X
 101.LAB      XBRL Taxonomy Extension – Labels.         X
 101.PRE      XBRL Taxonomy Extension – Presentation.         X
 101.DEF     XBRL Taxonomy Extension – Definition.          X
           
           
 Reports on Form 8-K:        
   


 





 
           

15


 
SIGNATURES
 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following person on behalf of the Registrant and in the capacities on this 26th of February 2020.
 

 
   CHUN CAN CAPITAL GROUP 
   (the "Registrant")
     
   BY:    /s/Clara I. Gomez
     Clara I Gomez
     Chief Executive Officer,
     
 
16


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