UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

~~(Mark~~☒ ~~One~~ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

~~þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE~~ SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, ~~2019~~2020

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

~~o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES~~ EXCHANGE ACT ~~OF 1934~~

Commission File Number: 333-100056

CHUN CAN CAPITAL GROUP

(Exact name of registrant as specified in its charter)

Nevada		52-2360156
(State or other jurisdiction of incorporation or organization)		(IIR.R.S. Employer Identification No.)
Costa Rica Street, Yesiana, Alma Rosa 1 Santo Domingo Este 11506		11506
7323 Oswego Road
Liverpool, N.Y.		13090
(Address of principal executive offices)		(Zip Code)
	(315) 701-1032
Registrant’s telephone number Including area code
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act.
	Common Stock, $0.001 Par Value
	(Title of class)

Registrant's telephone number, including area code: (809) 245-7769

Securities registered pursuant to Section 12(b) of the Act: None

Securities registered pursuant to Section 12(g) of the Act:

Common Stock, $0.001 Par Value

(Title of class)

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ YES ☑ NO

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ~~☐ YES ☑ NO~~

☐ YES ☑ NO

Note – Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Exchange Act from their obligations under those Sections.

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 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 past 90 days. ☑ YES ☐ 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 (§ 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 ☑ NO

Indicate by check mark ifwhether ~~disclosure~~the ofregistrant ~~delinquent~~is ~~filers~~a ~~pursuant~~large toaccelerated ~~Item~~filer, ~~405~~an ofaccelerated ~~Regulation~~filer, Sa non-Kaccelerated (§filer, ~~229.405~~a ofsmaller ~~this~~reporting ~~chapter) is not contained herein~~company, ~~and~~or ~~will~~an ~~not~~emerging begrowth ~~contained,~~company. toSee the ~~best~~definitions of ~~registrant's~~“large ~~knowledge~~accelerated filer,” ~~in a~~“accelerated ~~definitive~~filer,” ~~proxy~~“smaller orreporting ~~information~~company,” ~~statements~~and ~~incorporated~~"emerging bygrowth ~~reference~~company" in ~~Part~~Rule ~~III~~12b-2 of ~~this~~the ~~Form~~Exchange ~~10-K or any amendment to this Form 10-K~~Act. ~~☐ YES ☑ NO~~

~~Indicate~~Large ~~by check mark whether the registrant is a large~~ accelerated filer, an☐ ~~accelerated~~Accelerated filer, a☐ ~~non~~Non-accelerated filer, or☐ aSmaller ~~smaller~~ reporting company. ~~See~~☒ ~~the~~Emerging ~~definitions~~Growth ofCompany ~~"large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.~~☐

☐If ~~Large~~an ~~accelerated~~emerging ~~filer~~growth ☐company, ~~Accelerated~~indicate ~~filer~~by ☐check ~~Non-accelerated~~mark ~~filer~~if ☑the ~~Smaller~~registrant ~~reporting~~has ~~company~~elected ☐not ~~Emerging~~to ~~growth~~use ~~company~~the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

IfIndicate ~~an emerging growth company, indicate~~ by check mark ifwhether the registrant ~~has~~is ~~elected~~a ~~not~~shell tocompany ~~use~~(as ~~the~~defined ~~extended~~in ~~transaction~~Rule ~~period~~12b-2 ~~for complying with and new or revised financial accounting standards provided pursuant to Section 13(a)~~ of the Exchange Act. ): Yes ☐ No ☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). ☐ YES ☑ NO

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.

Note. If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided that the assumptions are set forth in this Form.

The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was sold as of ~~February~~ 26April 21, ~~2020~~2021, was $127,206.

APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. ☐ YES ☐ NO

(APPLICABLE ONLY TO CORPORATE REGISTRANTS)

Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date 33.220,033,011 shares of common stock are outstanding as of ~~February~~April 2624, ~~2020~~2021.

DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980). None

TABLE OF CONTENTS

PART I
Item 1.	Business	4
Item 1	Business	4
Item 1A.	Risk Factors	6
Item 1A	Risk Factors	4
Item 1B.	Unresolved Staff Comments	6
Item 1B	Unresolved Staff Comments	5
Item 2.	Properties	6
Item 2	Properties	5
Item 3.	Legal Proceedings	6
Item 3	Legal Proceedings	5
Item 4.	Mine Safety Disclosures	6
Item 4	Mine Safety Disclosures	5
PART II
Item 5.	Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	6
Item 5	Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	5
Item 6.	Selected Financial Data	86
Item 7.	Management's Discussion and Analysis of Financial Condition and Results of Operations	8
Item 7	Management's Discussion and Analysis of Financial Condition and Results of Operations	7
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk`	11
Item 7A	Quantitative and Qualitative Disclosures About Market Risk`	10
Item 8.	Financial Statements and Supplementary Data	11
Item 8	Financial Statements and Supplementary Data	10
Item 9.	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure	24
Item 9	Changes in and Disagreements With Accountants on Accounting and Financial Disclosure	19
Item 9A.	Controls and Procedures	24
Item 9A	Controls and Procedures	20
Item 9B.	Other Information	25
Item 9B	Other Information	22
PART III
Item 10.	Directors, Executive Officers and Corporate Governance	25
Item 10	Directors, Executive Officers and Corporate Governance	22
Item 11.	Executive Compensation	27
Item 11	Executive Compensation	21
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	28
Item 12	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	22
Item 13.	Certain Relationships and Related Transactions, and Director Independence	29
Item 13	Certain Relationships and Related Transactions, and Director Independence	23
Item 14.	Principal Accounting Fees and Services	29
Item 14	Principal Accounting Fees and Services	23
PART IV
Item 15.	Exhibits, Financial Statement Schedules	30
Item 15	Exhibits, Financial Statement Schedules	24
SIGNATURES		3024

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Information included in this Form 10-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended ("Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended ("Exchange Act"). This information may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Chun Can Capital Corp., formerly CinTel Corp. (the "Company"), to be materially different from future results, performance or achievements expressed or implied by any forward-looking statements. Forward-looking statements, which involve assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. These forward-looking statements are based on assumptions that may be incorrect, and there can be no assurance that these projections included in these forward-looking statements will come to pass. Actual results of the Company could differ materially from those expressed or implied by the forward-looking statements as a result of various factors. Except as required by applicable laws, the Company has no obligation to update publicly any forward-looking statements for any reason, even if new information becomes available or other events occur in the future.

PART I

ITEM 1. BUSINESS.

CORPORATE HISTORY

Chun Can Capital Group (formerly CinTel Corp. and before that, Link2 Technologies) was incorporated in the State of Nevada on August 16, 1996. The initial business focus was to develop a 3D animation and digital effects studio that would provide high-end 3D animation and digital effects to the music video industry.

On September 30, 2003, Link2 Technologies entered into a definitive Share Exchange Agreement with CinTel Co., Ltd., a Korean corporation ("CinTel Korea") and the shareholders of CinTel Korea. Pursuant to the Share Exchange Agreement, we acquired 100% of the issued and outstanding capital stock of CinTel Korea in exchange for 16,683,300 shares of our common stock. CinTel Korea was founded in 1997 and has provided various Internet Traffic Management solutions to businesses and consumers. All of the business operations were comprised of developing, manufacturing and distributing Internet Traffic Management solutions to businesses and consumers in order to manage and control large traffic.

CinTel Korea introduced Korea's first dynamic server load balancer, and marketed Internet Traffic Management products since its inception, such as the PacketCruz (TM) family of products, iCache, i2one, and Proximator. The Internet Traffic Management solutions were marketed to customers around the world, helping them improve Internet traffic management, service levels (QOS: Quality of Service), and the user experience (QOC: Quality of Content).

From 2006 to 2011, we shifted our focus from Internet Traffic Management to becoming a semiconductor and LCD assembly holding company. The company's focus has included investments in several high growth subsidiaries and divesting some non-performing subsidiaries.

Until December 31, 2009, the Company's operations were conducted through its subsidiaries, Phoenix Digital Tech ("PDT"), Phoenix Semiconductor Telecommunication Suzhou ("PSTS"), and Bluecomm and its indirect subsidiary BKLCD. Upon transfer of the shares of its operating subsidiaries, the company has no current operations. The Company maintains a 19% interest in PSTS and 2.1% interest in PDT.

The Company's principal business objective for the next 12 months and beyond such time will be to achieve long-term growth potential through a combination with a business rather than immediate, short-term earnings. The Company will not restrict its potential candidate target companies to any specific business, industry or geographical location and, thus, may acquire any type of business.

The analysis of new business opportunities has and will be undertaken by or under the supervision of the officers and directors of the Company. The Company has unrestricted flexibility in seeking, analyzing and participating in potential business opportunities. In its efforts to analyze potential acquisition targets, the Company will consider the following kinds of factors:

(a) Potential for growth, indicated by new technology, anticipated market expansion or new products;

(b) Competitive position as compared to other firms of similar size and experience within the industry segment as well as within the industry as a whole;

(d) Capital requirements and anticipated availability of required funds, to be provided by the Company or from operations, through the sale of additional securities, through joint ventures or similar arrangements or from other sources;

(e) The cost of participation by the Company as compared to the perceived tangible and intangible values and potentials;

(f) The extent to which the business opportunity can be advanced;

(g) The accessibility of required management expertise, personnel, raw materials, services, professional assistance and other required items; and

(h) Other relevant factors.

In applying the foregoing criteria, no one of which will be controlling, management will attempt to analyze all factors and circumstances and make a determination based upon reasonable investigative measures and available data. Potentially available business opportunities may occur in many different industries, and at various stages of development, all of which will make the task of comparative investigation and analysis of such business opportunities extremely difficult and complex. Due to the Company's limited capital available for investigation, the Company may not discover or adequately evaluate adverse facts about the opportunity to be acquired.

Form of Acquisition

The manner in which the Company participates in an opportunity will depend upon the nature of the opportunity, the respective needs and desires of the Company and the promoters of the opportunity, and the relative negotiating strength of the Company and such promoters.

It is likely that the Company will acquire its participation in a business opportunity through the issuance of common stock or other securities of the Company. Although the terms of any such transaction cannot be predicted, it should be noted that in certain circumstances the criteria for determining whether or not an acquisition is a so-called "tax free" reorganization under Section 368(a)(1) of the Internal Revenue Code of 1986, as amended (the "Code"), depends upon whether the owners of the acquired business own 80% or more of the voting stock of the surviving entity. If a transaction were structured to take advantage of these provisions rather than other "tax free" provisions provided under the Code, all prior stockholders would in such circumstances retain 20% or less of the total issued and outstanding shares. Under other circumstances, depending upon the relative negotiating strength of the parties, prior stockholders may retain substantially less than 20% of the total issued and outstanding shares of the surviving entity. This could result in substantial additional dilution to the equity of those who were stockholders of the Company prior to such reorganization.

The present stockholders of the Company will likely not have control of a majority of the voting shares of the Company following a reorganization transaction. As part of such a transaction, all or a majority of the Company's directors may resign and new directors may be appointed without any vote by stockholders.

In the case of an acquisition, the transaction may be accomplished upon the sole determination of management without any vote or approval by stockholders. In the case of a statutory merger or consolidation directly involving the Company, it will likely be necessary to call a stockholders' meeting and obtain the approval of the holders of a majority of the outstanding shares. The necessity to obtain such stockholder approval may result in delay and additional expense in the consummation of any proposed transaction and will also give rise to certain appraisal rights to dissenting stockholders. Most likely, management will seek to structure any such transaction so as not to require stockholder approval.

It is anticipated that the investigation of specific business opportunities and the negotiation, drafting and execution of relevant agreements, disclosure documents and other instruments will require substantial management time and attention and substantial cost for accountants, attorneys and others. If a decision is made not to participate in a specific business opportunity, the costs theretofore incurred in the related investigation would not be recoverable. Furthermore, even if an agreement is reached for the participation in a specific business opportunity, the failure to consummate that transaction may result in the loss to the Company of the related costs incurred.

OUR BUSINESS

~~EMPLOYEES~~The Company is currently a non-operating shell company.

~~As of the date of this Annual Report, we have no employees.~~EMPLOYEES

~~ITEM~~As ~~1A.~~of ~~RISK~~the ~~FACTORS~~date of this Annual Report, we have no employees.

WeITEM ~~are~~1A. aRISK ~~smaller reporting company and therefore not required to provide this information in our Form 10-K~~FACTORS.

~~ITEM~~We ~~1B.~~are ~~UNRESOLVED~~a ~~STAFF~~smaller ~~COMMENTS~~reporting company and therefore not required to provide this information in our Form 10-K.

AsITEM of1B. ~~the~~UNRESOLVED ~~date~~STAFF ~~of this Annual Report, there are no unresolved SEC Staff comments~~COMMENTS.

~~ITEM~~As 2.of ~~DESCRIPTION~~the OFdate ~~PROPERTY~~of this Annual Report, there are no unresolved SEC Staff comments.

WeITEM do2. ~~not~~DESCRIPTION ~~own~~OF ~~or lease any property.~~PROPERTY

~~ITEM~~We 3.do ~~LEGAL~~not ~~PROCEEDINGS~~own or lease any property.

AsITEM ~~of the date of this Annual Report, management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties~~3. AsLEGAL of the date of this Annual 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 proceedingsPROCEEDINGS. ~~Management is not aware of any other legal proceedings pending or that have been threatened against us or our properties.~~

~~ITEM~~As 4of the date of this Annual Report, management is not aware of any legal proceedings contemplated by any governmental authority or any other party involving us or our properties. ~~MINE~~As ~~SAFETY~~of ~~DISCLOSURES~~the date of this Annual 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.

~~Not~~ITEM ~~Applicable~~4. MINE SAFETY DISCLOSURES.

~~PART~~Not IIApplicable.

~~ITEM~~PART ~~5. MARKET FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS ISSUER PURCHASERS OF EQUITY SECURITIES.~~II

ITEM 5. MARKET ~~INFORMATION~~FOR COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND SMALL BUSINESS ISSUER PURCHASERS OF EQUITY SECURITIES.

~~Our~~MARKET ~~common stock trades on the over the counter under the symbol "CNCN". The following table sets forth the high and low price information of the Company's common stock for the periods indicated.~~INFORMATION

FISCAL YEAR ENDED DECEMBER 31, 2019:	High		Low
December 31, 2019	$	12.00	$	12.00
September 30. 2019	$	12.00	$	12.00
June 30, 2019	$	12.00	$	12.00
March 31, 2019	$	12.00	$	12.00
FISCAL YEAR ENDED DECEMBER 31, 2018:
December 31, 2018	$	12.00	`	12.00
September 30, 2018	$	12.00	$	12.00
June 30, 2018	$	16.00	$	16.00
March 31, 2018	$	28.40	$	28.40

Our common stock trades on the over the counter under the symbol "CNCN". The following table sets forth the high and low price information of the Company's common stock for the periods indicated.

SHAREHOLDERS OF RECORD

FISCAL YEAR ENDED DECEMBER 31, 2020:	High		Low
December 31, 2020	$	12.00	$	12.00
September 30. 2020	$	12.00	$	12.00
June 30, 2020	$	12.00	$	12.00
March 31, 2020	$	12.00	$	12.00

FISCAL YEAR ENDED DECEMBER 31, 2019:
December 31, 2019	$	12.00		12.00
September 30, 2019	$	12.00	$	12.00
June 30, 2019	$	12.00	$	12.00
March 31, 2019	$	12.00	$	12.00

~~As of February 26, 2020, there were approximately 33,011 shares of our common stock issued and outstanding. There are approximately 295 shareholders of record at February 26, 2020.~~6

~~The~~SHAREHOLDERS ~~transfer~~OF ~~agent of our common stock is Corporate Stock Transfer, whose address is 3200 Cherry Creek Drive South, Suite 430, Denver CO 80209. The phone number of the transfer agent is (303) 282-4800.~~RECORD

~~DIVIDENDS~~As of April 21, 2021, there were approximately 220,033,011 shares of our common stock issued and outstanding. There are approximately 295 shareholders of record at April 21, 2021.

WeThe ~~have~~transfer ~~never~~agent declared or paid a cash dividend. At this time, we do not anticipate paying dividends in the future. We are under no legal or contractual obligation to declare or to pay dividends, and the timing and amount of ~~any~~our ~~future~~common ~~cash~~stock ~~dividends and distributions~~ is atCorporate ~~the~~Stock ~~discretion of our Board of Directors and will depend~~Transfer, ~~among~~whose ~~other~~address ~~things,~~is on3200 ~~our~~Cherry ~~future~~Creek ~~after-tax~~Drive ~~earnings~~South, ~~operations,~~Suite ~~capital requirements~~430, ~~borrowing capacity,~~Denver ~~financial~~CO ~~condition and general business conditions~~80209. The Wephone ~~plan~~number toof ~~retain any earnings for use in~~ the ~~operation~~transfer ofagent ~~our~~is ~~business~~(303) ~~and to fund future growth~~282-4800. ~~You should not purchase our Shares on the expectation of future dividends.~~

6 DIVIDENDS

~~SECURITIES~~We ~~AUTHORIZED~~have ~~FOR~~never ~~ISSUANCE~~declared ~~UNDER~~or ~~EQUITY~~paid ~~COMPENSATION~~a ~~PLANS~~cash dividend. At this time, we do not anticipate paying dividends in the future. We are under no legal or contractual obligation to declare or to pay dividends, and the timing and amount of any future cash dividends and distributions is at the discretion of our Board of Directors and will depend, among other things, on our future after-tax earnings, operations, capital requirements, borrowing capacity, financial condition and general business conditions. We plan to retain any earnings for use in the operation of our business and to fund future growth. You should not purchase our Shares on the expectation of future dividends.

~~Equity~~SECURITIES ~~Compensation~~AUTHORIZED ~~Plan~~FOR ~~Information~~ISSUANCE UNDER EQUITY COMPENSATION PLANS

Plan Category Number of securities to be issued upon exercise of outstanding options, warrants and rights Weighted- average exercise price of outstanding options, warrants and rights Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) Equity ~~compensation~~Compensation ~~plans~~Plan ~~approved by security holders None - None Equity compensation plans not approved by security holders None - None Total None - None~~Information

~~INFORMATION~~Plan ~~RELATING~~Category TONumber ~~OUTSTANDING~~of ~~SHARES~~securities to be issued upon exercise of outstanding options, warrants and rights Weighted- average exercise price of outstanding options, warrants and rights Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) Equity compensation plans approved by security holders None - None Equity compensation plans not approved by security holders None - None Total None - None

AsINFORMATION ofRELATING ~~December~~TO ~~31,~~OUTSTANDING ~~2019, there were 33,011 shares of our common stock issued and outstanding.~~SHARES

~~All~~As of ~~our~~December ~~issued~~31, ~~and~~2020, ~~outstanding~~there ~~common~~were 220,033,011 shares (of ~~which~~our ~~none~~common ~~shares are owned by officers, directors and principal~~ stock ~~holders) were~~ issued ~~and~~ ~~have been held for a period in excess of six months~~ and ~~are eligible to be resold pursuant to Rule 144 promulgated under the Securities Act~~outstanding.

~~The~~All ~~resale~~ of our issued and outstanding common shares (of ~~common~~which ~~stock~~none shares are owned by officers, directors and ~~affiliates~~principal isstock ~~subject~~holders) towere ~~the~~issued ~~volume~~and ~~limitations of Rule 144. In general, Rule 144 permits our affiliate shareholders who~~ have ~~beneficially-owned restricted~~been ~~shares~~held ~~of common stock~~ for ~~at least six months to sell without registration, within~~ a ~~three-month~~ period, ain ~~number~~excess of ~~shares not exceeding one percent of the then outstanding shares of common stock. Furthermore, if such shares are held for at least~~ six months byand aare ~~person~~eligible not affiliated with the company (in general, a person who is not one of our executive officers, directors or principal shareholders during the three month period prior to ~~resale), such restricted shares can~~ be ~~sold~~resold ~~without~~pursuant ~~any~~to ~~volume~~Rule ~~limitation,~~144 ~~provided~~promulgated ~~all~~under of the ~~other~~Securities ~~requirements for resale under Rule 144 are applicable~~Act.

~~RECENT~~The ~~SALES~~resale OFof ~~UNREGISTERED~~our ~~SECURITIES~~shares of common stock owned by officers, directors and affiliates is subject to the volume limitations of Rule 144. In general, Rule 144 permits our affiliate shareholders who have beneficially-owned restricted shares of common stock for at least six months to sell without registration, within a three-month period, a number of shares not exceeding one percent of the then outstanding shares of common stock. Furthermore, if such shares are held for at least six months by a person not affiliated with the company (in general, a person who is not one of our executive officers, directors or principal shareholders during the three month period prior to resale), such restricted shares can be sold without any volume limitation, provided all of the other requirements for resale under Rule 144 are applicable.

~~During~~RECENT ~~the~~SALES ~~year~~OF ~~ended~~UNREGISTERED ~~December 31, 2019, the Registrant had the following sale of unregistered securities:~~SECURITIES

~~None~~During the year ended December 31, 2020, the Registrant had the following sale of unregistered securities:

7 None

~~ISSUER PURCHASE OF SECURITIES~~7

~~None.~~ISSUER PURCHASE OF SECURITIES

~~ITEM 6~~None. ~~SELECTED FINANCIAL DATA.~~

~~Not~~ITEM ~~Applicable~~6. SELECTED FINANCIAL DATA.

~~ITEM~~Not 7Applicable. ~~MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.~~

~~Forward~~ITEM ~~Looking~~7. ~~Statements~~MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

~~This~~Forward ~~section~~Looking and other parts of this Form 10-K annual report includes "forward-looking statements", that involves risks and uncertainties. All statements other than statements of historical facts, included in this Form 10-K 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.Statements

~~Although~~This wesection ~~believe~~and ~~that~~other ~~the~~parts ~~expectations~~of ~~reflected~~this inForm ~~the~~10-K annual report includes "forward-looking statements", ~~are~~that ~~reasonable,~~involves ~~we cannot~~risks ~~guarantee~~and ~~future~~uncertainties. ~~results,~~All ~~levels~~statements other than statements of ~~activity~~historical facts, ~~performance~~included in this Form 10-K that address activities, events, or ~~achievements.~~developments ~~Moreover,~~that we doexpect ~~not~~or ~~assume~~anticipate ~~responsibility~~will ~~for~~or may occur in the ~~accuracy~~future, including such things as future capital expenditures (including the amount and ~~completeness~~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. WeIn ~~are~~some ~~under~~cases, noyou ~~duty~~can ~~to update~~identify ~~any of the~~ forward-looking statements ~~after~~by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," or the ~~date~~negative of ~~this~~such ~~report~~terms toor ~~conform~~other ~~such~~comparable terminology. These statements toare 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.

~~Overview~~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.

Chun Can Capital Group. (the "Company", "we", or "us") was incorporated under the laws of the State of Nevada on August 16, 1996. The purpose of the Company is to serve as a vehicle to effect a merger, exchange of capital stock, asset acquisition, or other business combination with a domestic or foreign private business. The company has no principal operations. The Company has a December 31 year end. As of December 31, 2018, the issued and outstanding shares of common stock totaled 33,011,Overview

~~Certain~~Chun ~~statements~~Can ~~contained~~Capital ~~below~~Group. (the ~~are~~"Company", ~~forward-looking~~"we", ~~statements (rather~~or ~~than~~"us") ~~historical~~was ~~facts)~~incorporated ~~that~~under ~~are~~the ~~subject~~laws toof ~~risks~~the ~~and~~State ~~uncertainties~~of ~~that~~Nevada ~~could~~on ~~cause~~August ~~actual~~16, ~~results~~1996. The purpose of the Company is to ~~differ~~serve ~~materially~~as ~~from~~a ~~those~~vehicle ~~described~~to ineffect ~~the~~a ~~forward-looking~~merger, ~~statements~~exchange of capital stock, asset acquisition, or other business combination with a domestic or foreign private business. The company has no principal operations. The Company has a December 31 year end. As of December 31, 2020, the issued and outstanding shares of common stock totaled 33,011,

~~We are~~Certain ~~considered~~statements acontained ~~start~~below are forward-uplooking ~~corporation.~~statements ~~Our~~(rather ~~auditors~~than ~~have~~historical ~~issued~~facts) athat ~~going~~are ~~concern~~subject ~~opinion~~to inrisks ~~the~~and ~~financial~~uncertainties ~~statements~~that ~~for~~could ~~the~~cause ~~year~~actual ~~ended~~results ~~December~~to ~~31,~~differ ~~2018~~materially from those described in the forward-looking statements.

8 We are considered a start-up corporation. Our auditors have issued a going concern opinion in the financial statements for the year ended December 31, 2020.

RESULTS OF OPERATIONS

Working Capital

	December 31,			December 31,
	2019			2018
	2020			2019
Current Assets		$	$ -		$	$ -
Current Liabilities			-58,234			-
Working Capital (Deficit)		$	-(58,234)		$	-

~~Cash Flows~~8

	December 31,			December 31,
	2019			2018
Cash Flows from (used in) Operating Activities		$	-		$	-
Cash Provided by Investing Activities			-			-
Cash Flows from (used in) Financing Activities			-			-
Net Increase (decrease) in Cash During Period			-			-

Cash Flows

YEAR ENDED DECEMBER 31, 2019 COMPARED TO YEAR ENDED DECEMBER 31, 2018

	December 31,			December 31,
	2020			2019
Cash Flows from (used in) Operating Activities			$ -			$ -
Cash Flows from (used in) Financing Activities			-			-
Net Increase (decrease) in Cash During Period		$	-		$	-

~~REVENUES~~YEAR ENDED DECEMBER 31, 2020 COMPARED TO YEAR ENDED DECEMBER 31, 2019

~~We have generated revenues of $0 and $0 for the years ended December 31, 2019 and 2018.~~REVENUES

9We have generated no revenues for the years ended December 31, 2020 and 2019.

OPERATION AND ADMINISTATIVE EXPENSES

Operating expenses for the year ended December 31, ~~2019~~2020 were $068,234 compared with $0 for the year ended December 31, ~~2018~~2019. The increase in Operating expenses for 2020 consisted of an increase in general and administrative expenses for the year ended December 31, 2020 of $68,234 from $0 for the year ended December 31, 2019.

During the year ended December 31, ~~2019~~2020, the Company recorded a net loss of $068,234, compared with net loss of $0 for the year ended December 31, ~~2018~~2019.

LIQUIDITY AND CAPITAL RESOURCES

As atof December 31, ~~2019 and 2018~~2020, the Company's ~~had~~cash nobalance was $0 compared to cash balance~~. As~~ of $0 as at December 31, 2019. As ~~and~~of ~~2018~~December 31, 2020, the Company's ~~had~~total no assets were $0 compared to total assets of $0 as at December 31, 2019.

As of December 31, 2020, the Company had total liabilities of $58,234 compared with total liabilities of $0 as at December 31, 2019. The increase in total liabilities for the year ended December 31, 2020 consisted of an increase in accounts payable for the year ended December 31, 2020 of $26,361 from $0 for the year ended December 31, 2019; and ~~2018~~an increase in due to related party for the year ended December 31, 2020 of $31,873 from $0 for the ~~Company~~year ~~had~~ended ~~no liabilities~~December 31, 2019.

As of December 31, ~~2019 and 2018~~2020, the Company has no a working capital of ($58,234) compared with working capital of $0 at December 31, 2019.

Cashflow from Operating Activities

During the year ended December 31, ~~2019~~2020 the Company used $0 of cash for operating activities compared to $0 of cash used by operating activities during the year ended December 31, ~~2018~~2019.

Cashflow from Financing Activities

During the years ended December 31, ~~2019~~2020 the Company's net cash provided by financing activity was $0 compared to $0 cash provided by financing for year ended ~~December 31~~December31, ~~2018~~2019.

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.

109

WeOFF doBALANCE ~~not~~SHEET have any 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 is material to investors.ARRANGEMENTS

~~CONTRACTUAL~~We ~~OBLIGATIONS~~do not have any 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 is material to investors.

AsCONTRACTUAL ~~a "smaller reporting company" as defined by Item 10 of Regulation S-K, we are not required to provide this information.~~OBLIGATIONS

~~CRITICAL~~As ~~ACCOUNTING~~a ~~POLICIES~~"smaller reporting company" as defined by Item 10 of Regulation S-K, we are not required to provide this information.

WeCRITICAL ~~have~~ACCOUNTING one main products, namely the concealed weapons detection system. In all cases revenue is considered earned when the product is shipped to the customer, installed (if necessary) and accepted by the customer as a completed sale. Each product has an unconditional 30 day warranty, during which time the product can be returned for a complete refund. Customers can purchase extended warranties, which provide for replacement or repair of the unit beyond the period provided by the unconditional warranty. Warranties can be purchased for various periods but generally they are for one year period that begins after any other warranties expire. The revenue from warranties is recognized on a straight line bases over the period covered by the warranty. Prior to the issuance of financial statements management reviews any returns subsequent to the end of the accounting period which are from sales recognized during the accounting period, and makes appropriate adjustments as necessary. Product prices are fixed or determinable and products are only shipped when collectability is reasonably assured.POLICIES

~~Stock~~We ~~Based~~have ~~Compensation~~one main products, namely the concealed weapons detection system. In all cases revenue is considered earned when the product is shipped to the customer, installed (if necessary) and accepted by the customer as a completed sale. Each product has an unconditional 30-day warranty, during which time the product can be returned for a complete refund. Customers can purchase extended warranties, which provide for replacement or repair of the unit beyond the period provided by the unconditional warranty. Warranties can be purchased for various periods but generally they are for one-year period that begins after any other warranties expire. The revenue from warranties is recognized on a straight-line bases over the period covered by the warranty. Prior to the issuance of financial statements management reviews any returns subsequent to the end of the accounting period which are from sales recognized during the accounting period and makes appropriate adjustments as necessary. Product prices are fixed or determinable and products are only shipped when collectability is reasonably assured.

~~We account for share-based compensation at fair value.~~ Stock ~~based~~Based compensation cost for stock options granted to employees, board members and service providers is determined at the grant date using an option pricing model. The value of the award that is ultimately expected to vest is recognized as expensed on a straight-line basis over the requisite service period.Compensation

~~ITEM~~We 7Aaccount for share-based compensation at fair value. ~~QUANTITATIVE~~Stock ~~AND~~based ~~QUALITATIVE~~compensation ~~DISCLOSURES~~cost ~~ABOUT~~for ~~MARKET~~stock ~~RISK~~options granted to employees, board members and service providers is determined at the grant date using an option pricing model. The value of the award that is ultimately expected to vest is recognized as expensed on a straight-line basis over the requisite service period.

AsITEM a7A.QUANTITATIVE ~~"smaller~~AND ~~reporting~~QUALITATIVE ~~company",~~DISCLOSURES ~~the~~ABOUT ~~Company~~MARKET ~~is not required to provide this information~~RISK.

11As a "smaller reporting company", the Company is not required to provide this information.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.

CHUN CAN CAPITAL GROUP

FINANCIAL STATEMENTS

DECEMBER 31, 2019 AND ~~2018~~2020

C O N T E N T S

Reports of Independent Registered Public Accounting Firms			13
Report of Independent Registered Public Accounting Firm			11
Balance Sheets			1412
Statements of Operations			1513
Statements of Stockholders' Deficit			1614
Statements of Cash Flows			1715
Notes to the Financial Statements			1816

1210

Boyle CPA, LLC

Certified Public ~~Accountant~~Accountants & ~~Consultant~~Consultants

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and

Board of Directors of Chun Can Capital ~~Group (formerly Cintel~~ Corp.)

Opinion on the Financial Statements

We have audited the accompanying consolidated balance ~~sheet~~sheets of Chun Can Capital ~~Group (formerly Cintel~~ Corp.) (the "“Company"”) as of December 31, ~~2019~~2020 and ~~2018~~2019, the related consolidated statements of operations, ~~stockholder's~~changes in stockholders’ deficit, and cash flows for ~~the~~ each of the two years in the ~~two-year~~ period ended December 31, ~~2019~~2020, and the related notes (collectively referred to as the "“financial statements"”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, ~~2019~~2020 and ~~2018~~2019, and the results of its operations and its cash flows for each of the two years in the ~~two-year~~ period ended December 31, ~~2019~~2020, in conformity with accounting principles generally accepted in the United States of America.

~~Basis~~Substantial ofDoubt ~~Opinion~~About the Company’s Ability to Continue as a Going Concern

~~These~~As ~~financial~~discussed ~~statements~~in ~~are~~Note 1 to the ~~responsibility~~financial ofstatements, the Company's ~~management. Our~~has ~~responsibility~~no isoperations, tohas ~~express~~ongoing annet ~~opinion~~losses, onand ~~the~~an ~~Company's~~accumulated ~~financial~~deficit. These ~~statements~~factors ~~based~~raise onsubstantial ~~our~~doubt ~~audit. We~~about ~~are~~its aability ~~public accounting~~to ~~firm~~continue ~~registered~~as ~~with~~a ~~the~~going ~~Public~~concern ~~Company~~for ~~Accounting~~one ~~Oversight~~year ~~Board~~from ~~(United~~the ~~States)~~issuance ~~("PCAOB")~~of ~~and~~these ~~are~~financial ~~required~~statements. toManagement’s beplans ~~independent~~are ~~with~~also ~~respect~~described ~~to the Company~~ in ~~accordance~~Note ~~with U~~1.S. ~~federal~~The ~~securities laws~~financial ~~and~~statements ~~the~~do ~~applicable~~not ~~rules~~include ~~and~~adjustments ~~regulations~~that ofmight ~~the~~result ~~Securities~~from ~~and~~the ~~Exchange~~outcome ~~Commission~~of ~~and~~this ~~the PCAOB~~uncertainty.

WeBasis ~~conducted our audits in accordance with standards~~ of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to fraud or error. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion.Opinion

~~Our~~These ~~audits~~financial ~~included~~statements ~~performing~~are ~~procedures to assess~~ the ~~risks~~responsibility of ~~material misstatement of~~ the ~~financial~~Company’s ~~statements,~~management. Our ~~whether~~responsibility ~~due~~is to ~~error~~express oran ~~fraud,~~opinion ~~and~~on ~~performing~~the ~~procedures~~Company’s ~~that~~financial ~~respond~~statements tobased ~~those~~on ~~risks~~our audits. ~~Such procedures~~ We ~~included~~are ~~examining, on~~ a ~~test~~public ~~basis,~~accounting ~~evidence~~firm ~~regarding~~registered with the ~~amounts~~Public ~~and~~Company ~~disclosures~~Accounting inOversight ~~the~~Board ~~financial~~(United ~~statements.~~States) ~~Our~~(“PCAOB”) ~~audits~~and ~~also~~are ~~included~~required ~~evaluating~~to ~~the~~be ~~accounting~~independent ~~principles~~with ~~used~~respect ~~and~~to ~~significant estimates~~the ~~made~~Company byin ~~management,~~accordance aswith ~~well~~U.S. asfederal ~~evaluating~~securities ~~the~~laws ~~overall~~and ~~presentation of~~ the ~~financial~~applicable ~~statements.~~rules Weand ~~believe~~regulations ~~that~~of ~~our~~the ~~audits~~Securities ~~provide~~and aExchange ~~reasonable~~Commission ~~basis~~and ~~for~~the ~~our opinion~~PCAOB.

~~Substantial~~We ~~Doubt~~conducted ~~About~~our audits in accordance with standards of the Public Company's ~~Ability~~Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to ~~Continue~~obtain asreasonable aassurance ~~Going~~about ~~Concern~~whether the financial statements are free of material misstatement, whether due to fraud or error. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

AsOur ~~discussed~~audits inincluded ~~Note~~performing 1procedures to assess the ~~financial~~risks ~~statements,~~of ~~the~~material ~~Company~~misstatement isof athe ~~non-operating~~financial ~~shell~~statements, ~~company~~whether ~~with~~due ~~recurring~~to ~~operating~~error ~~losses~~or fraud, and anperforming ~~accumulated~~procedures ~~deficit. These~~that ~~factors~~respond ~~raise~~to ~~substantial~~those ~~doubt~~risks. Such ~~about~~procedures ~~its ability~~included toexamining, ~~continue~~on as a ~~going~~test ~~concern~~basis, ~~for~~evidence ~~one~~regarding ~~year~~the ~~from~~amounts ~~the~~and ~~issuance~~disclosures ofin ~~these~~the financial statements. ~~Management's~~Our ~~plans~~audits ~~are~~ also ~~described~~included inevaluating ~~Note~~the 1.accounting ~~The~~principles ~~financial~~used ~~statements~~and dosignificant ~~not~~estimates ~~include~~made ~~adjustments~~by ~~that might~~management, ~~result~~as ~~from~~well as evaluating the ~~outcome~~overall presentation of ~~this~~the ~~uncertainty~~financial statements. We believe that our audits provide a reasonable basis for our opinion.

~~/s/~~Critical ~~Boyle~~Audit ~~CPA,~~Matters ~~LLC~~

WeCritical ~~have~~audit ~~served~~matters asare matters arising from the ~~Company's~~current ~~auditor~~period ~~since~~audit ~~2019~~of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

~~Bayville~~/s/ Boyle CPA, NJLLC

~~February~~We 5,have ~~2020~~served as the Company’s auditor since 2019

361 Hopedale Drive SE			P (732) 822-4427
Bayville, NJ 08721			F (732) 510-0665

Bayville, NJ

13April 21, 2021

CHUN CAN CAPITAL GROUP
(formerly CINTEL CORP. AND SUBSIDIARY)
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2019 AND 2018
(In thousands, except share and per share amounts)
	December 31,
	2019			2018
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.

361 Hopedale Drive SE P (732) 822-4427

Bayville, NJ 08721 F (732) 510-20665

1411

CHUN CAN CAPITAL GROUP
Chun Can Capital Group
(formerly CINTEL CORP. AND SUBSIDIARY)
(formerly Cintel Corp. and Subsidiary)
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
Consolidated Balance Sheets
YEARS ENDED DECEMBER 31, 2019 AND 2018
December 31, 2020 and 2019
(In thousands, except per share amounts)
				December 31,	December 31,
		For the Years Ended
				2020	2019
		December 31,
ASSETS
		2019			2018
Current Assets
Net revenues		$	-		$	-
	Cash and cash equivalent			$ -	$ -
Operating expenses:
		Total current assets		-	-
General and administrative expenses			-			-
Total assets				$ -	$ -
Total operating expenses			-			-
LIABILITIES AND STOCKHOLDERS' DEFICIT
Loss from operations			-			-
Current Liabilities
Other income (expenses):
	Accounts payable			$ 26,361	$ -
Other income (expense)			-			-
	Accounts payable - related			31,873	-
Impairment loss on investment			-			-
		Total current liabilities		58,234	-
Share of loss from equity investment			-			-
Stockholders' Deficit
Foreign currency transactions, net			-			-
	Preferred stock: par value $0.001 per share, 30,000,000
Gain on debt settlement			-			-
		Shares authorized, none issued and outstanding		-	-
Other income (expenses), net			-			-
	Common stock: par value $0.001 per share, 300,000,000
Income (loss) before income taxes			-			-
		Shares authorized, 220,033,011 and 33,011 shares issued
Income tax expense			-			-
		and outstanding		220,033	33
Net income (loss)		$	-		$	-
	Additional paid-in capital			20,458,967	20,668,967
			-			-
	Accumulated deficit			(20,737,234)	(20,669,000)
Income (loss) per share – basic and diluted:		$	-		$	-
		Total stockholders' deficit		(58,234)	-
Weighted average number of
Total liabilities and stockholders' deficit				$ -	$ -
common shares outstanding - basic and diluted			33,011			33,011
The accompanying notes are an integral part of these consolidated financial statements.
See accompanying notes to financial statements.

F-32

1512

CINTEL CORP. AND SUBSIDIARY
Chun Can Capital Group
CONSOLIDATED STATEMENTS OF CASH FLOWS
(formerly Cintel Corp. and Subsidiary)
DECEMBER 31, 2019 AND 2018
Consolidated Statements of Operations
(In thousands)
Years ended December 31, 2020 and 2019
		For the year ended
			For the Years Ended
		~~December 31,~~	December 31,
		2019			2018
			2020	2019
Cash flows from operating activities:
Net revenues			$ -	$ -
Net income (loss)		$	-		$	-
Operating expenses:
Adjustments to reconcile net loss to net cash
	General and administrative expenses		68,234	-
provided by (used in) operating activities:
	Total operating expenses		68,234	-
Shares issued for services			-			-
Loss from operations			(68,234)	-
(Increase) decrease in assets:
Other income (expenses):
Prepaid expenses and other assets			-			-
	Other income (expense)		-	-
Increase (decrease) in liabilities:
	Impairment loss on investment		-	-
Accrued liabilities			-			-
	Share of loss from equity investment		-	-
Cash provided by (used in) operating activities			-			-
	Foreign currency transactions, net		-	-
Cash flows from investing activities:
	Gain on debt settlement		-	-
Payments on loan receivable			-			-
	Other income (expenses), net		-	-
Proceeds from loan receivable			-			-
Income (loss) before income taxes			(68,234)	-
Cash provided by investing activities			-			-
Income tax expense			-	-
Cash flows from financing activities:
Net income (loss)			(68,234)	-
Proceeds from notes payable			-			-
Income (loss) per share – basic and diluted:			$ (0.00)	$ -
Principal payments of notes payable			-			-
Weighted average number of
Cash used in financing activities			-			-
	common shares outstanding - basic and diluted		189,978,366	33,011
Net decrease in cash and cash equivalent			-			-
See accompanying notes to financial statements.
Cash and cash equivalent - beginning of year			-			-
Cash and cash equivalent - end of year		$	-		$	-
Supplemental Disclosure of Cash Flows Information:
Cash paid during the year for:
Interest		$	-		$	-
Income taxes		$	-		$	-
See accompanying notes to financial statements.

F-43

1613

CHUN CAN CAPITAL GROUP
Chun Can Capital Group
(formerly CINTEL CORP. AND SUBSIDIARY)
(formerly Cintel Corp. and Subsidiary)
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT
Consolidated Statements of Cash Flows
YEARS ENDED DECEMBER 31, 2019 AND 2018
Years ended December 31, 2020 and 2019
(In thousands, except per share amounts)
					For the year ended
							Additional
					December 31,
	Common stock						Paid-in			Accumulated
				2020			2019
	Shares			Amount			Capital			Deficit				Total
Cash flows from operating activities:
Balance, December 31, 2017			33,011		$	3		$	20,666		$	(20,669	)		$	-
Net income (loss)				$ (68,234)			$ -
net income (loss)			-			-			-			-				-
Adjustments to reconcile net loss to net cash
Balance, December 31, 2018			33,011			3			20,666			(20,669	)			-
	provided by (used in) operating activities:
Net income (loss)			-			-			-			-				-
	Increase (decrease) in liabilities:
Balance, December 31, 2019			33,011		$	3		$	20,666		$	(20,669	)		$	-
			Accounts payable	26,361			-
			Accounts payable- related	41,873			-
			Cash provided by (used in) operating activities	-			-
Cash flows from investing activities:
			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			-			-
	Cash and cash equivalent - beginning of year			-			-
	Cash and cash equivalent - end of year			$ -			$ -
Supplemental Disclosure of Cash Flows Information:
Cash paid during the year for:
	Interest			$ -			$ -
	Income taxes			$ -			$ -
Non-cash financing activities:
	Conversion of payables to common stock			$ 10,000			$ -
		See accompanying notes to financial statements.

~~The accompanying notes are an integral part of these financial statements~~ F-54

1714

CHUN CAN CAPITAL GROUP

Chun Can Capital Group
(formerly Cintel Corp. and Subsidiary)
Consolidated Statements of Stockholders’ Deficit
Years Ended December 31, 2020 and 2019


			Additional
	Common stock		Paid-in	Accumulated
	Shares	Amount	Capital	Deficit	Total
Balance, December 31, 2018	33,011	$ 33	$20,668,967	$(20,669,000)	$ -

Net loss	-	-	-	-	-

Balance, December 31, 2019	33,011	33	20,668,967	(20,669,000)	-

Shares issued to convert payables	220,000,000	220,000	(210,000)	-	10,000
Net loss	-	-	-	(68,234)	(68,234)


Balance, December 31, 2019	220,033,011	$220,033	$20,458,967	$(20,737,234)	$ (58,234)


See accompanying notes to financial statements.

~~(formerly CINTEL CORP. AND SUBSIDIARY)~~F-5

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~15

~~DECEMBER~~Chun ~~31,~~Can ~~2019~~Capital ~~AND 2018~~Group

~~Note~~Notes 1to –the ~~Organization~~Consolidated ~~and~~Financial ~~Nature of the Business~~Statements

~~Chun~~December ~~Can Capital Group (formerly Cintel Corp.)~~31, ~~formerly~~2020 Link2 Technologies, Inc. (the "Company") incorporated in Nevada in August 1996, is currently a non-operating shell company. The Company previously primarily owned and ~~managed subsidiaries~~2019

On ~~September~~October 30, ~~2003~~2006, the Company acquired ~~100~~51% of the outstanding voting stocks of ~~Cintel~~Phoenix Semiconductor Telecommunication Co., Ltd. ("~~Cintel Korea~~PSTS") ~~and~~ in ~~return,~~China ~~the~~for ~~shareholders~~$16.5 ofmillion. ~~Cintel~~In ~~Korea~~March ~~received 16~~2008,~~683,300~~ ~~shares (approximately 82%) of~~ the Company's ~~common~~contributed ~~stock~~$4. ~~This~~9 ~~transaction~~million ~~was~~of aadditional ~~reverse-takeover~~capital byto ~~Cintel~~PSTS ~~Korea~~to ~~whereby~~proportionately ~~Cintel~~match ~~Korea's~~the ~~shareholders~~additional ~~acquired~~investments made by the ~~control~~minority shareholders of ~~the Company~~PSTS. ~~Cintel~~PSTS ~~Korea, located in Seoul, Korea,~~ was in the business of ~~developing~~semiconductor ~~network~~packaging ~~solutions~~and ~~to improve technical limitations to the internet traffic~~manufacturing.

On ~~October~~May 3018, ~~2006~~2007, the Company acquired 51100% of the outstanding voting stocks of ~~Phoenix~~Bluecomm ~~Semiconductor~~Korea, ~~Telecommunication~~ Co., Ltd. (~~"PSTS"~~“Bluecomm”) in ~~China~~Korea for $166.5 million. InBluecomm ~~March 2008,~~was ~~the~~engaged ~~Company~~in ~~contributed~~the ~~$4.9~~business ~~million~~ of ~~additional~~Customer ~~capital~~Relationship toManagement ~~PSTS~~(CRM) tosolution ~~proportionately~~and ~~match~~consulting, ~~the~~call-center ~~additional~~operation, ~~investments~~and ~~made~~database ~~by the minority shareholders of PSTS~~marketing. ~~PSTS was in the business of semiconductor packaging and manufacturing.~~

On ~~May~~August 1827, 2007, the Company acquired ~~100~~50.1% of the outstanding voting stocks of ~~Bluecomm~~Phoenix ~~Korea,~~Digital Tech Co. Ltd. (~~"Bluecomm"~~“PDT”) in Korea for $634.57 million. ~~Bluecomm~~PDT was ~~engaged~~ in the business of ~~Customer~~designing, ~~Relationship~~manufacturing ~~Management~~and ~~(CRM)~~installing ~~solution~~automated ~~and~~assembly ~~consulting,~~line ~~call-center~~for ~~operation~~Flat Panel Displays, and ~~database~~manufacturing ~~marketing~~and testing of PCB related equipment based on customers’ specification.

OnAcquisitions ~~August~~of ~~27,~~these ~~2007,~~subsidiaries ~~the~~were ~~Company~~financed ~~acquired~~by 50issuing convertible debts to various parties.1% In ofOctober 2009, the ~~outstanding~~convertible ~~voting~~debts ~~stocks~~issued ofto ~~Phoenix~~Woori ~~Digital~~PEF ~~Tech~~was ~~Co.~~called, ~~Ltd.~~and ~~("PDT")~~ in ~~Korea~~December ~~for~~2009, ~~$34.7~~to ~~million.~~satisfy ~~PDT~~the ~~was~~debts, inthe Company transferred to the ~~business~~creditor of(1) ~~designing~~100% ownership in Bluecomm, ~~manufacturing~~(2) 48% ownership in PDT and ~~installing~~ ~~automated~~(3) ~~assembly~~32% ~~line~~ownership ~~for~~interest ~~Flat~~in ~~Panel~~PSTS. As ~~Displays~~a result, ~~and~~the ~~manufacturing~~Company ~~and~~had ~~testing~~only one wholly-owned subsidiary, Cintel Korea as of ~~PCB~~December ~~related~~31, ~~equipment~~2010. In ~~based~~2011, onthe ~~customers'~~Company ~~specification~~abandoned its’ investment in Cintel Korea.

~~Acquisitions~~Going of these subsidiaries were financed by issuing convertible debts to various parties. In October 2009, the convertible debts issued to Woori PEF was called, and in December 2009, to satisfy the debts, the Company transferred to the creditor (1) 100% ownership in Bluecomm, (2) 48% ownership in PDT and (3) 32% ownership interest in PSTS. As a result, the Company had only one wholly-owned subsidiary, Cintel Korea as of December 31, 2010. In 2011, the Company abandoned its' investment in Cintel Korea.Concern

~~Going~~The ~~Concern~~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 ~~financial~~ability ~~statements~~to ~~are~~continue ~~presented~~as on a going concern ~~basis,~~is ~~which~~contingent ~~contemplates~~upon its ability to secure additional financing and find a merger candidate. It is the ~~realization~~intent of ~~assets~~management to continue to raise additional funds and ~~satisfaction~~to pursue acquisitions of ~~liabilities~~operating companies in ~~the~~order ~~normal~~to ~~course~~generate offuture ~~business. The~~profits ~~Company~~for isthe ~~a non-operating~~Company. ~~shell~~Although ~~company~~the ~~which~~Company ~~has~~plans ~~experienced~~to ~~recurring~~pursue ~~operating~~additional ~~losses~~equity financing and ~~has.an~~acquisitions, ~~accumulated~~there ~~deficit. These~~can ~~conditions~~be ~~raise~~no ~~uncertainty~~assurance ~~about~~that the Company's ~~ability~~will be able to ~~continue~~secure asfinancing aor ~~going~~acquisition ~~concern~~targets ~~for~~when ~~a period~~needed ofor ~~one~~obtain ~~year~~such ~~from~~on ~~the~~terms ~~issuance~~satisfactory ofto ~~these~~the ~~financial~~Company, ~~statements~~if at all.

The ~~Company's~~accompanying ~~ability~~financial tostatements ~~continue~~do asnot ainclude ~~going~~any ~~concern~~adjustments isrelating ~~contingent upon its ability~~ to ~~secure additional financing and find a merger candidate. It is~~ the ~~intent~~recoverability ~~of management to continue to raise additional funds~~ and toclassification ~~pursue acquisitions~~ of ~~operating~~asset ~~companies~~carrying inamounts ~~order~~or ~~to generate future profits for~~ the ~~Company.~~amount ~~Although the Company plans to pursue additional equity financing~~ and ~~acquisitions,~~classification ~~there~~of ~~can~~liabilities ~~be no assurance~~ that ~~the~~might ~~Company~~result ~~will~~from ~~be able to secure financing or acquisition targets when needed or obtain such on terms satisfactory to~~ the ~~Company,~~outcome ifof atthis ~~all~~uncertainty.

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

~~F-6~~16

18Chun Can Capital Group

~~CHUN~~Notes ~~CAN~~to ~~CAPITAL~~the ~~GROUP~~Consolidated Financial Statements

~~(formerly~~December ~~CINTEL~~31, ~~CORP.~~2020 ~~AND~~and ~~SUBSIDIARY)~~2019

~~NOTES~~Note TO2 ~~CONSOLIDATED~~– Summary ~~FINANCIAL~~of ~~STATEMENTS~~Significant Accounting Policies:

~~DECEMBER~~The 31following summary of significant accounting policies of the Company is presented to assist in understanding the Company’s financial statements. The financial statements and notes are representations of the Company’s management, ~~2019~~who ~~AND~~is ~~2018~~responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America and have been consistently applied in the preparation of the financial statements.

~~Note~~Use ~~2 – Summary~~ of ~~Significant Accounting Policies:~~Estimates

The ~~following~~preparation ~~summary~~ of ~~significant~~financial statements in conformity with accounting ~~policies~~principles ofgenerally accepted in the ~~Company~~United isStates ~~presented~~of America requires management to ~~assist~~make inestimates ~~understanding~~and assumptions that affect the ~~Company's~~reported ~~financial~~amounts ~~statements. The~~of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and ~~notes~~ ~~are~~the ~~representations~~reported amounts of revenues and expenses during the ~~Company's~~period. These estimates are often based on complex judgments and assumptions that management, ~~who~~believes isto ~~responsible~~be ~~for~~reasonable ~~their~~but ~~integrity~~are inherently uncertain and ~~objectivity~~unpredictable. ~~These~~ Actual ~~accounting~~results ~~policies~~may ~~conform~~differ tomaterially ~~accounting~~from ~~principles~~these ~~generally~~estimates. In ~~accepted~~addition, any changes in ~~the~~these ~~United~~estimates ~~States~~or ~~of America~~their ~~and~~related ~~have~~assumptions ~~been~~could ~~consistently~~have ~~applied~~a inmaterially ~~the~~adverse ~~preparation~~effect ofon the ~~financial~~Company's ~~statements~~operating results.

~~Use~~Basis of ~~Estimates~~Presentation and Consolidation

The ~~preparation~~accompanying ofconsolidated financial statements ininclude ~~conformity with accounting principles generally accepted in~~ the ~~United~~accounts ~~States~~ of ~~America~~Chun ~~requires~~Can ~~management~~Capital toGroup ~~make~~(formerly ~~estimates~~Cintel ~~and assumptions~~Corp.) ~~that affect the reported amounts of assets~~ and ~~liabilities~~its ~~and~~wholly ~~the~~owned ~~disclosure~~subsidiary, ofCintel ~~contingent~~Korea, ~~assets~~(collectively, ~~and liabilities at~~ the ~~date~~Company). Intercompany oftransactions ~~the financial statements~~ and ~~the~~balances ~~reported~~have ~~amounts~~been ofeliminated ~~revenues~~in ~~and~~consolidation. ~~expenses during~~When the ~~period.~~Company ~~These~~does ~~estimates~~not ~~are~~have ~~often~~a ~~based~~controlling oninterest ~~complex~~in ~~judgments~~an ~~and~~entity, ~~assumptions that management believes to be reasonable~~ but ~~are~~exerts ~~inherently~~significant ~~uncertain~~influence ~~and~~over ~~unpredictable. Actual~~the ~~results may differ materially from these estimates. In addition~~entity, ~~any~~the ~~changes~~Company inapplies ~~these estimates or their related assumptions could have a materially adverse effect on~~ the ~~Company's~~equity ~~operating~~method ~~results~~of accounting.

~~Basis~~Where the functional currency of ~~Presentation~~the Company's foreign subsidiaries is the local currency, all assets and ~~Consolidation~~liabilities are translated into U.S. dollars, in accordance with FASB ASC 830, Foreign Currency Translation, 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. At December 31, 2019 and 2018, the Company no longer had foreign subsidiaries denominated in local currencies.

~~The~~ ~~accompanying~~On ~~consolidated~~March ~~financial~~16, ~~statements~~2017, ~~previously includee~~ the ~~accounts~~Company ofeffected ~~Chun~~a ~~Can~~1 ~~Capital~~for ~~Group (formerly Cintel Corp.) and its wholly owned subsidiary~~4,000 ~~Cintel Korea,~~reverse ~~(collectively,~~stock ~~the Company)~~split. ~~Intercompany~~ All ~~transactions~~share and ~~balances~~per ~~were~~share ~~eliminated~~information ~~in consolidation. When the Company did not~~ have abeen ~~controlling~~retroactively ~~interest~~adjusted infor anthis ~~entity,~~reverse ~~but~~stock ~~exerts significant influence over the entity, the Company applied the equity method of accounting~~split.

~~Where~~Cash ~~the functional currency of the Company's foreign subsidiaries is the local currency, all assets~~ and ~~liabilities~~Cash are translated into U.S. dollars, in accordance with FASB ASC 830, Foreign Currency Translation, 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. At December 31, 2011, the Company no longer had foreign subsidiaries denominated in local currencies.Equivalents

OnCash ~~March~~includes 16currency, ~~2017~~checks issued by others, ~~the~~other ~~Company~~currency ~~effected~~equivalents, acurrent 1deposits ~~for~~and ~~4,000~~passbook ~~reverse~~deposits ~~stock~~held ~~split~~by financial institutions. ~~All~~ ~~share~~Cash ~~and~~equivalents ~~per~~consist ~~share~~primarily ~~information~~of ~~have~~cash ~~been~~deposits ~~retroactively~~in ~~adjusted~~money market funds that are available for ~~this~~withdrawal ~~reverse~~without ~~stock~~restriction. The ~~split~~investments that mature within three months from the investment date are also included as cash equivalents.

~~Revenue Recognition~~F-7

The Company recognizes revenue upon shipment of products, or upon acceptance of products by customers, when pervasive evidence of a sales arrangement exists, the price is fixed or determinable, the title has transferred and collection of resulting receivables is reasonably assured. The Company had no revenues during periods presented.17

~~F-7~~Chun Can Capital Group

19Notes to the Consolidated Financial Statements

~~CHUN~~December ~~CAN~~31, ~~CAPITAL~~2020 ~~GROUP~~and 2019

~~(formerly~~Fair ~~CINTEL~~Value ~~CORP. AND SUBSIDIARY)~~Measurements

~~NOTES~~The TOCompany ~~CONSOLIDATED~~follows ~~FINANCIAL~~the ~~STATEMENTS~~provisions of FASB ASC Topic 820, Fair Value Measurements, included in ASC Topic 820, Fair Value Measurements and Disclosures, for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a nonrecurring basis. ASC Topic 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements.

~~DECEMBER~~Fair ~~31,~~Value ~~2019~~of ~~AND~~Financial ~~2018~~Instruments

~~Note~~In 2accordance –with ~~Summary~~ASC 820, the Company to determines the fair value of ~~Significant~~financial ~~Accounting~~assets ~~Policies~~and liabilities using a specified fair-value hierarchy. The objective of the fair value measurement of our financial instruments is to reflect the hypothetical amounts at which we could sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date (~~continued~~exit price). ASC 820 describes three levels of inputs that may be used to measure fair value, as follows:

~~Cash~~· ~~and~~Level ~~Cash~~1 ~~Equivalents~~inputs are quoted prices in active markets for identical asset or liability that the reporting entity has the ability to access at the measurement date.

~~Cash~~· ~~includes~~Level ~~currency,~~2 ~~checks~~inputs ~~issued~~are byinputs ~~others,~~ other ~~currency~~than ~~equivalents,~~quoted ~~current~~prices ~~deposits~~included ~~and passbook deposits held by financial institutions. Cash equivalents consist primarily of cash deposits~~ in ~~money~~Level ~~market~~1 ~~funds~~ that are ~~available~~observable for ~~withdrawal without restriction. The investments that mature within three months from~~ the ~~investment date~~asset ~~are~~or ~~also~~liability, ~~included~~either asdirectly ~~cash~~or ~~equivalents~~indirectly.

~~Investments~~· ~~Securities~~Level 3 inputs are unobservable inputs for the asset or liability that supported by little or no market activity and that are significant to the fair value of the underlying asset or liability.

~~Investments are accounted in accordance with the provisions of FASB ASC 320, Accounting for Certain Investments in Debt and Equity Securities.~~ The ~~Company~~fair ~~classifies~~values ~~its debt securities in one~~ of ~~three categories: trading, available-for-sale (AFS), or held-to-maturity (HTM) and its equity~~ securities ~~that have readily determinable fair values into trading or~~ available-for-sale. ~~Trading~~are ~~securities~~generally ~~are~~determined ~~bought~~by ~~and~~matrix ~~held~~pricing, ~~principally~~which ~~for~~is ~~the~~a ~~purpose~~mathematical oftechnique ~~selling~~widely ~~them~~used in the ~~near~~industry ~~term. Held-~~to~~-maturity~~ value debt securities ~~are~~without ~~those~~relying ~~debt securities~~exclusively inon ~~which~~quoted ~~the~~prices ~~Company~~for ~~has~~ the ~~ability~~specific ~~and~~securities ~~intent~~but torather ~~hold~~by ~~the~~relying ~~security~~on ~~until~~the ~~maturity. All~~ securities' ~~not~~relationship ~~included~~to inother ~~trading~~benchmark orquoted ~~held-to-maturity~~securities ~~are~~(Level ~~classified~~2 ~~as available-for-sale~~inputs).

~~Trading~~Concentration and available-for-sale securities are recorded at fair value. Held-to-maturity debt securities are recorded at amortized cost, adjusted for the amortization or accretion of ~~premiums~~Credit or discounts. Unrealized holding gains and losses on trading securities are included in earnings. Unrealized holding gains and losses, net of the related tax effect, on available-for-sale securities are excluded from earnings and are reported as a separate component of accumulated other comprehensive income until realized. Realized gains and losses from the sale of available-for-sale securities are determined on a specific-identification basis.Risk

AFinancial ~~decline~~instruments ~~in the market value of any available-for-sale or held-to-maturity security below cost~~ that ispotentially ~~deemed~~subject ~~to be other than temporary results in an impairment to reduce~~ the ~~carrying amount to fair value. To determine whether an impairment is other-than-temporary, the~~ Company ~~considers all available information relevant~~ to ~~the~~credit ~~collectability~~risk ofconsist ~~the security, including past events, current conditions, and reasonable and supportable forecasts when developing estimate~~ of cash ~~flows~~equivalents ~~expected~~and toloan ~~be collected~~receivables. ~~Evidence~~ ~~considered~~Cash inequivalents ~~this~~are ~~assessment~~maintained ~~includes~~with ~~the~~high ~~reasons for~~quality ~~the impairment~~institutions, the ~~severity~~composition and ~~duration~~maturities of ~~the~~which ~~impairment,~~are ~~changes~~regularly inmonitored ~~value~~by ~~subsequent~~management. toThe ~~year-end,~~Company ~~forecasted~~diversifies ~~performance~~its ofinvestments ~~the~~to ~~investee,~~reduce ~~and~~ the ~~general~~exposure ~~market~~to ~~condition~~loss infrom ~~the~~any ~~geographic~~single ~~area~~issuer, sector or ~~industry~~ ~~the investee operates in~~bank.

~~Investments~~For inloan ~~long-term~~receivables, ~~non-marketable~~the ~~equity~~Company ~~securities~~determines, ~~are~~on ~~recorded~~a atcontinuing ~~cost~~basis, ~~and~~the ~~consist~~probable ~~primarily~~losses ofand ~~non-marketable~~sets ~~common~~up ~~and~~a ~~preferred~~provision ~~stock~~for oflosses ~~private companies~~based ~~with~~on ~~less~~the ~~than~~estimated ~~20%~~realizable value. Concentration of ~~the~~credit ~~voting~~risk ~~rights. Gains~~arises ~~and~~when ~~losses~~a ongroup ~~securities~~of ~~sold~~customers ~~are~~having ~~included~~similar incharacteristics ~~the~~such ~~statement~~that oftheir ~~operations. Investments~~ability ~~subject~~to meet their obligations is expected to ~~significant~~be ~~influence~~affected ~~have~~similarly ~~been~~by ~~recorded~~changes ~~using~~in ~~the equity~~economic ~~method~~conditions.

~~At December 31, 2011, all investments were fully impaired.~~F-8

~~Property and Equipment~~18

~~Property~~Chun ~~and~~Can ~~equipment,~~Capital including renewals and betterments, are stated at cost. Cost of renewals and betterment that extend the economic useful lives of the related assets are capitalized. Expenditures for ordinary repairs and maintenance are charged to expense as incurred. Gain or loss on sale or disposition of assets is included in the statement of operations.Group

~~F-8~~Notes to the Consolidated Financial Statements

20December 31, 2020 and 2019

~~CHUN~~Income ~~CAN CAPITAL GROUP~~Taxes

~~(formerly~~The ~~CINTEL~~Company ~~CORP~~accounts for income taxes in accordance with FASB ASC 740, Accounting for Income Taxes, which requires that deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. ASC ~~AND~~740 ~~SUBSIDIARY)~~also requires that deferred tax assets be reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company is required to evaluate the realizability of the deferred tax assets by assessing the valuation allowance and, if necessary, adjusting the amount of such allowance. The factors used to assess the likelihood of realization includes the Company’s forecast of future taxable income and available tax planning strategies that could be implemented to realize the net deferred tax assets. The Company continued to record a full valuation allowance against the deferred tax assets because it was more likely than not that the Company would not be able to realize these deferred tax assets based upon forecast of future taxable income and other relevant factors. The Company maintains a full valuation allowance against the deferred tax assets.

~~NOTES~~The TOCompany ~~CONSOLIDATED~~recognizes ~~FINANCIAL~~the ~~STATEMENTS~~effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs.

~~DECEMBER~~Note ~~31,~~3 ~~2019~~- ~~AND~~Income ~~2018~~Taxes

~~Note~~The 2corporate –tax ~~Summary~~rates ofwas ~~Significant~~21%. ~~Accounting~~The ~~Policies~~Company ~~(continued):~~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.

~~Depreciation~~The isU.S. ~~provided~~tax ~~using~~losses ~~the~~can ~~straight-line~~be ~~method~~carried ~~over~~forward ~~the~~for ~~following~~15 ~~estimated~~to ~~useful~~20 ~~lives~~years ofto ~~the~~offset ~~assets~~future taxable income and expire in years 2020 to 2029.

Machinery and equipment	5 - 10 years
Furniture and fixtures	5 years
Vehicles	5 years
Software	5 years

The provision for income taxes for the years ended December 31, 2020 and 2019 are summarized as follows:

Long-Lived Assets Impairment

	2020		2019


Income tax – current	$	(14,329)	$	-
Income tax – deferred		14,329		-
	$	-	$	-

The Company ~~evaluates~~has ~~its~~deferred ~~long-lived~~tax assets ~~for~~(liabilities) ~~impairment~~at ~~whenever~~December ~~events~~31, or2020 changes in circumstances indicate that the carrying amount of an asset may not be recoverable. When the sum of the undiscounted future net cash flows expected to result from the use of the asset and ~~its~~2019 ~~eventual~~were ~~disposition~~approximately isas ~~less than its carrying amount, an impairment loss would be measured based on the discounted cash flows compared to the carrying amount.~~follows:

Goodwill and Other Intangible Assets

	2020			2019


Net operating loss carryforwards	$	4,355,000		$	4,340,000
Valuation allowance		(4,355,000	)		(4,340,000	)
	$	-		$	-

The Company accounts for goodwill and other intangible assets under FASB ASC 350, Goodwill and Other Intangible Assets. Under this standard, goodwill is tested for impairment annually or more frequently if certain events or changes in circumstances indicate that the carrying amount of goodwill exceeds its implied fair value. The twoF-step impairment test identifies potential goodwill impairment and measures the amount of a goodwill impairment loss to be recognized (if any). Under the first step, the fair value of the reporting unit is compared with its carrying value (including goodwill). If the fair value of the reporting unit is less than its carrying value, an indication of goodwill impairment exists for the reporting unit and the enterprise must perform step two of the impairment test (measurement). Under step two, an impairment loss is recognized for any excess of the carrying amount of the reporting unit's goodwill over the implied fair value of that goodwill. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit in a manner similar to a purchase price allocation and the residual fair value after this allocation is the implied fair value of the reporting unit goodwill. Fair value of the reporting unit is determined using a discounted cash flow analysis. If the fair value of the reporting unit exceeds its carrying value, step two does not need to be performed.9

~~The Company performs its annual impairment review of goodwill at December 1, and when a triggering event occurs between annual impairment tests.~~19

~~FASB~~Chun ~~ASC~~Can ~~also~~Capital requires that intangible assets with definitive lives be amortized over their estimated useful lives and reviewed for impairment whenever events or changes in circumstances indicate an asset's carrying value may not be recoverable. Currently the Company amortizes acquired intangible assets with definite lives over periods ranging primarily from five to ten years.Group

~~Fair~~Notes ~~Value~~to ~~Measurements~~the Consolidated Financial Statements

~~The~~December ~~Company follows the provisions of FASB ASC Topic 820~~31, ~~Fair~~ ~~Value~~2020 ~~Measurements, included in ASC Topic 820, Fair Value Measurements~~ and Disclosures, for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a nonrecurring basis. ASC Topic 820 also establishes a framework for measuring fair value and expands disclosures about fair value measurements. 2019

~~F-9~~Note 4 – Capital Stock

21On February 19, 2020, the Company issued 220,000,000 shares of common stock to a company controlled by the legal custodian of the Company to convert $10,000 in payables.

~~CHUN CAN CAPITAL GROUP~~F-10

~~(formerly CINTEL CORP. AND SUBSIDIARY)~~20

~~NOTES~~ITEM TO9. ~~CONSOLIDATED~~CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL ~~STATEMENTS~~DISCLOSURE.

~~DECEMBER~~BOYLE 31CPA, ~~2019 AND 2018~~LLC

~~Note~~This 2decision –to ~~Summary~~engage Boyle CPA, LLC was approved by our full Board of ~~Significant~~Directors. ~~Accounting~~Because ~~Policies~~we ~~(continued):~~have no standing audit committee, our full Board of Directors participated in and approved the decision to change independent accountants. Presently, the Board of Directors acts as the audit committee.

~~Fair~~ITEM ~~Value~~9A. ofCONTROLS ~~Financial~~AND ~~Instruments~~PROCEDURES.

InEvaluation ~~accordance with ASC 820, the Company to determines the fair value~~ of ~~financial~~Disclosure ~~assets~~Controls and liabilities using a specified fair-value hierarchy. The objective of the fair value measurement of our financial instruments is to reflect the hypothetical amounts at which we could sell an asset or transfer a liability in an orderly transaction between market participants at the measurement date (exit price). ASC 820 describes three levels of inputs that may be used to measure fair value, as follows:Procedures

·We ~~Level~~have 1carried ~~inputs~~out ~~are~~an ~~quoted~~evaluation, ~~prices~~under inthe ~~active~~supervision ~~markets~~and ~~for~~with ~~identical~~the ~~asset~~participation orof ~~liability~~our ~~that~~management, including our Chief Executive Officer/Principal Financial Officer, of the ~~reporting~~effectiveness ~~entity~~of ~~has~~our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the ~~ability~~Securities toExchange ~~access~~Act atof 1934, as amended (the ~~measurement~~"Exchange Act")) as of December 31, 2020. Based on such evaluation, we have concluded that, as of such date, our disclosure controls and procedures were not effective to ensure that information required to be disclosed by us in our Exchange Act reports is recorded, processed, summarized and reported within the time periods specified in applicable SEC rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer/Principal Financial Officer, as appropriate, to allow timely discussions regarding required disclosure.

·Management's ~~Level~~Report 2on ~~inputs~~Internal ~~are~~Control ~~inputs~~over ~~other~~Financial ~~than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly.~~Reporting

·Our ~~Level~~management 3is ~~inputs~~responsible ~~are~~for ~~unobservable~~establishing ~~inputs~~and ~~for~~maintaining ~~the~~internal ~~asset~~control orover ~~liability~~financial ~~that~~reporting ~~supported~~for byour ~~little~~internal orcontrol nosystem ~~market~~was ~~activity~~designed ~~and~~to ~~that~~provide ~~are~~reasonable ~~significant~~assurance toregarding the ~~fair~~reliability ~~value~~ of financial reporting and the ~~underlying~~preparation ~~asset~~of orfinancial ~~liability~~statements for external purposes in accordance with generally accepted accounting principles. Internal control over our financial reporting includes those policies and procedures that:

~~The~~(1) ~~fair~~pertain ~~values of securities available-for-sale are generally determined by matrix pricing, which is a mathematical technique widely used in the industry~~ to ~~value debt securities without relying exclusively on quoted prices for~~ the ~~specific~~maintenance ~~securities~~of ~~but~~records ~~rather~~that byin ~~relying~~reasonable ondetail ~~the~~accurately ~~securities'~~and ~~relationship~~fairy toreflect ~~other~~our ~~benchmark quoted securities (Level 2 inputs)~~transactions.

~~Concentration~~(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of ~~Credit~~financial ~~Risk~~statements in accordance with generally accepted accounting principles, and that our receipts and expenditures are being made only in accordance with authorization of our management and directors; and

~~Financial~~(3) ~~instruments~~provide ~~that~~reasonable ~~potentially~~assurance ~~subject~~regarding ~~the~~prevention ~~Company~~or totimely ~~credit~~detection ~~risk consist~~ of ~~cash~~unauthorized ~~equivalents and loan receivables. Cash equivalents are maintained with high quality institutions~~acquisition, ~~the~~use ~~composition~~or ~~and~~disposition ~~maturities~~ of ~~which~~our ~~are~~assets ~~regularly~~that ~~monitored~~could byhave ~~management.~~a ~~The~~material ~~Company~~effect ~~diversifies~~on ~~its~~our ~~investments~~financial ~~to reduce the exposure to loss from any single issuer, sector or bank~~statements.

~~For~~All ~~loan~~internal ~~receivables~~control systems, ~~the~~no ~~Company~~matter ~~determines,~~how onwell adesigned, ~~continuing~~have ~~basis~~inherent limitations, including the ~~probable~~possibility ~~losses~~of ~~and~~human ~~sets~~error upor acircumvention ~~provision~~through ~~for~~collusion ~~losses~~of ~~based~~improper onoverriding ~~the~~of ~~estimated~~controls. ~~realizable~~Therefore, ~~value. Concentration of~~even ~~credit~~those ~~risk~~internal ~~arises~~control ~~when~~systems adetermined ~~group~~to ofbe ~~customers~~effective ~~having~~can ~~similar~~provide ~~characteristics~~only ~~such~~reasonable ~~that~~assurance ~~their~~with ~~ability~~respect to ~~meet~~financial ~~their~~statement ~~obligations~~preparation. isFurther, ~~expected~~because toof bechanges ~~affected~~in ~~similarly~~conditions, bythe ~~changes~~effectiveness inof ~~economic~~internal ~~conditions~~control may vary over time.

~~Income~~Our ~~Taxes~~management assessed the effectiveness of our internal control over financial reporting as of December 31, 2020. In making its assessment of internal control over financial reporting, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO 2013") in Internal-Control-Integrated Framework and implemented a process to monitor and assess both the design and operating effectiveness of our internal controls. Based on this assessment, management believes that as of December 31, 2020, our internal control over financial reporting was not effective.

~~The~~A ~~Company~~material ~~accounts~~weakness ~~for~~is ~~income~~a ~~taxes~~deficiency, inor ~~accordance~~combination ~~with~~of ~~FASB ASC 740~~deficiencies, ~~Accounting~~ ~~for~~in ~~Income~~internal ~~Taxes, which requires~~control ~~that~~over ~~deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the~~ financial ~~statement~~reporting, ~~carrying~~such ~~amounts~~that ofthere ~~existing~~is ~~assets~~a ~~and~~reasonable ~~liabilities~~possibility ~~and their respective tax bases and operating loss and tax credit carry forwards. ASC 740 also requires~~ that ~~deferred tax assets be reduced by~~ a ~~valuation~~material ~~allowance~~misstatement ~~when,~~of in the ~~opinion~~Company's ofannual ~~management,~~or itinterim isfinancial ~~more~~statements ~~likely than~~will not ~~that~~be ~~some~~prevented ~~portion~~ or ~~all~~detected ofon ~~the~~a ~~deferred~~timely ~~tax assets will not be realized~~basis. ~~The~~ ~~Company~~In isits ~~required~~assessment toof ~~evaluate~~ the ~~realizability~~effectiveness of ~~the~~internal ~~deferred~~control ~~tax~~over ~~assets~~financial byreporting ~~assessing~~as ~~the~~of ~~valuation~~December ~~allowance and~~31, ~~if necessary~~2020, ~~adjusting~~ the ~~amount of such allowance. The factors used to assess the likelihood of realization includes the~~ Company's ~~forecast~~determined ~~of future taxable income and available tax planning strategies~~ that ~~could be~~there ~~implemented~~were tocontrol ~~realize~~deficiencies ~~the net deferred tax assets. The Company continued to record a full valuation allowance against the deferred tax assets because it was more likely than not~~ that ~~the~~constituted ~~Company~~material ~~would~~weaknesses, ~~not~~as ~~be able~~described ~~to realize these deferred tax assets based upon forecast of future taxable income and other relevant factors~~below. ~~The Company maintains a full valuation allowance against the deferred tax assets.~~

~~F-10~~(1) We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management's view that such a committee, including a financial expert member, is an utmost important entity level control over the Company's financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management's activities

2221

~~CHUN~~(2) ~~CAN~~We ~~CAPITAL~~did ~~GROUP~~not maintain enough skilled accounting resources supporting the financial close and reporting processes to ensure (i) changes and entry to spreadsheets utilized in the financial reporting process were properly reviewed, (ii) significant estimates and judgments were adequately supported, reviewed, approved and evaluated against actual experiences, (iii) effective and timely analysis and reconciliation of significant accounts, and (iv) a proper review of period close entries and procedures

~~(formerly~~We ~~CINTEL~~have ~~CORP~~instituted remediation plan which involves reeducating our management, the accounting staff, and the administrative staff as to the elements of a completed sale. ~~AND~~We ~~SUBSIDIARY)~~increased the oversight of the process by increasing the frequency of involvement of outside accounting consultants. Internal systems are being put into place to track and document significant dates, such as delivery, installation and customer acceptance. In addition, the bookkeeping system has been modified so that all sales of extended warranties are automatically recorded as deferred revenue and that the amount of revenue that is ultimately recognized as warranty revenue is as the result of an analysis of the significant aspects of the warranty such as coverage and period.

~~NOTES~~Changes TOin ~~CONSOLIDATED~~Internal ~~FINANCIAL~~Control ~~STATEMENTS~~Over Financial Reporting

~~DECEMBER~~Our 31management has evaluated, ~~2019~~with ~~AND~~the ~~2018~~participation of our Chief Executive Officer/Chief Financial Officer, changes in our internal controls over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) during the fourth quarter of 2020. In connection with such evaluation, there have been no changes to our internal control over financial reporting that occurred since the beginning of our fourth quarter of 2020 that have materially affected or are reasonably likely to materially affect our internal control over financial reporting. While there have been no changes, we have assessed our internal controls as being deficient and will be taking steps beginning in 2021 to remedy such deficiencies.

~~Note~~ITEM 29B. –OTHER ~~Summary of Significant Accounting Policies (continued):~~INFORMATION.

~~The~~There ~~Company recognizes the effect of income tax positions only if those positions~~ are ~~more~~no ~~likely~~further ~~than not of being sustained~~disclosures. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs.

~~Note~~PART ~~3 - Income Taxes~~III

~~Corporate~~ITEM ~~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~~DIRECTORS, asEXECUTIVE itOFFICERS isAND ~~not~~CORPORATE ~~likely that they will be realized~~GOVERNANCE.

~~The~~Directors ~~U.S. tax losses can be carried forward for 15 to 20 years to offset future taxable income~~ and ~~expire~~Executive ~~in years 2020 to 2029.~~ Officers

The ~~provision~~following ~~for~~table ~~income~~includes ~~taxes~~the ~~for~~names and positions held of our executive officers and directors who served during the years ended December 31, 2019 and/or ~~2018~~December ~~are~~31, ~~summarized~~2020 asand ~~follows~~their current ages:

	2019				2018
NAME		AGE		POSITION		DIRECTOR SINCE
	(In thousands)
Clara Gomez		26		Chief Executive & Chief Financial Officer and Director		2019
Income tax – current		$	-			$	-
Income tax – deferred			-				-
		$	-			$	-

~~The~~Clara ~~Company~~J. ~~has deferred tax assets (liabilities) at December 31, 2019 and 2018 as follows:~~Gomez

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

Clara J. Gomez, Chief Executive Officer, Chief Financial Oficer and Director has a degree in Business Administration and Accounting from the Univeridad Abierta Para Auditos (UAPA) Santo Domingo.

~~Note~~INVOLVEMENT 5IN –CERTAIN ~~Capital~~LEGAL ~~Stock~~PROCEEDINGS

OnNone ~~March~~of ~~12,~~our ~~2011~~directors, ~~the~~executive ~~Company~~officers ~~entered~~or ~~into~~control apersons ~~share~~has ~~purchase~~been ~~agreement~~involved ~~with~~in anany ~~officer~~ of the ~~Company,~~legal ~~for~~proceedings ~~the~~required ~~sale~~to ~~and~~be ~~issuance~~disclosed ofin ~~1,391~~Item ~~shares~~401 of ~~common stock~~Regulation atS-K, aduring ~~price~~the ofpast ~~$0.03~~five ~~per share~~years.

~~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.~~22

~~F-11~~CORPORATE GOVERNANCE MATTERS

23Audit Committee

~~ITEM~~The 9board of directors does not have an audit committee, and the functions of the audit committee are currently performed by our Corporate Secretary, with assistance by expert independent accounting personnel and oversight by the entire board of directors. ~~CHANGES~~We INare ~~AND~~not ~~DISAGREEMENTS~~currently ~~WITH~~subject ~~ACCOUNTANTS~~to ONany ~~ACCOUNTING~~law, ~~AND~~rule ~~FINANCIAL~~or ~~DISCLOSURE~~regulation requiring that we establish or maintain an audit committee.

~~BOYLE~~Board ~~CPA~~of Directors Independence. Our board of directors currently consists of one member. We are not currently subject to any law, ~~LLC~~rule or regulation requiring that all or any portion of our board of directors include "independent" directors.

~~This~~Audit ~~decision~~Committee toFinancial ~~engage~~Expert. Our ~~Boyle~~board ~~CPA,~~of ~~LLC~~directors ~~was~~has ~~approved~~determined bythat we do not have an audit committee financial expert serving on our ~~full~~audit ~~Board~~committee within the meaning of ~~Directors~~Item 407(d)(5) of Regulation S-K. ~~Because~~In wegeneral, ~~have~~an no"audit ~~standing~~committee financial expert" is an individual member of the audit committee who (a) understands generally accepted accounting principles and financial statements, ~~our~~(b) ~~full~~is ~~Board~~able to assess the general application of ~~Directors~~such ~~participated~~principles in connection with accounting for estimates, accruals and ~~approved~~reserves, (c) has experience preparing, auditing, analyzing or evaluating financial statements comparable to the ~~decision~~breadth and complexity to ~~change independent~~the ~~accountants.~~Company's ~~Presently~~financial statements, ~~the~~(d) ~~Board~~understands ofinternal ~~Directors~~controls ~~acts~~over asfinancial ~~the~~reporting and (e) understands audit committee functions.

~~ITEM~~We ~~9A.~~have ~~CONTROLS~~not ~~AND~~yet ~~PROCEDURES~~replaced our former audit committee financial expert, but we are engaged in finding a suitable replacement.

~~Evaluation~~Code of ~~Disclosure Controls and Procedures~~Ethics

We have ~~carried~~not ~~out~~adopted ana ~~evaluation,~~code ~~under the supervision and with the participation~~ of ~~our~~ethics ~~management,~~for ~~including~~ our ~~Chief~~executive ~~Executive Officer/Principal Financial Officer~~officers, ofdirectors ~~the effectiveness of our disclosure controls~~ and ~~procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act") as of December 31, 2019~~employees. ~~Based~~ ~~on such evaluation~~However, ~~we have concluded that, as of such date,~~ our ~~disclosure~~management ~~controls~~intends ~~and procedures were not effective~~ to ~~ensure~~promote ~~that~~honest ~~information~~and ~~required~~ethical toconduct, befull ~~disclosed~~and byfair usdisclosure in our ~~Exchange Act~~ reports isto ~~recorded, processed, summarized and reported within~~ the ~~time periods specified in applicable~~ SEC ~~rules and forms~~, and ~~that~~compliance ~~such~~with ~~information~~applicable isgovernmental ~~accumulated~~laws and communicated to our management, including our Chief Executive Officer/Principal Financial Officer, as appropriate, to allow timely discussions regarding required disclosureregulations.

~~Management's~~Nominating ~~Report on Internal Control over Financial Reporting~~Committee

~~Our~~We ~~management~~have isnot ~~responsible~~yet ~~for~~established ~~establishing~~a ~~and~~nominating ~~maintaining~~committee. ~~internal~~Our ~~control~~board ~~over~~of ~~financial~~directors, ~~reporting~~sitting ~~for~~as ~~our~~a ~~internal~~board, ~~control~~performs ~~system was designed to provide reasonable assurance regarding~~ the ~~reliability~~role of ~~financial~~ ~~reporting~~a ~~and~~nominating ~~the~~committee. We ~~preparation~~are ofnot ~~financial~~currently ~~statements~~subject ~~for~~to ~~external~~any ~~purposes~~law, inrule ~~accordance~~or ~~with~~regulation ~~generally~~requiring ~~accepted~~that ~~accounting~~we ~~principles.~~establish ~~Internal~~a ~~control~~nominating ~~over our financial reporting includes those policies and procedures that:~~committee.

~~(1)~~Compensation ~~pertain to the maintenance of records that in reasonable detail accurately and fairy reflect our transactions .~~Committee

~~(2)~~We ~~provide~~have ~~reasonable~~not ~~assurance~~established ~~that~~a ~~transactions~~compensation ~~are~~committee. ~~recorded~~Our asboard ~~necessary to permit preparation~~ of ~~financial~~directors, ~~statements~~sitting inas ~~accordance~~a ~~with~~board, ~~generally~~performs ~~accepted~~the ~~accounting~~role ~~principles,~~of ~~and~~a ~~that~~compensation ~~our~~committee. We ~~receipts~~are ~~and~~not ~~expenditures~~currently ~~are~~subject ~~being~~to ~~made~~any ~~only~~law, inrule ~~accordance~~or ~~with~~regulation ~~authorization~~requiring ofthat ~~our~~we ~~management~~establish ~~and~~a ~~directors;~~compensation ~~and~~committee.

SECTION 16(3a) ~~provide~~BENEFICIAL ~~reasonable~~OWNERSHIP ~~assurance~~REPORTING ~~regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on our financial statements.~~COMPLIANCE

~~All~~Section ~~internal~~16(a) ~~control~~of ~~systems,~~the noSecurities ~~matter~~Exchange ~~how~~Act ~~well~~of ~~designed,~~1934 ~~have~~requires ~~inherent~~officers ~~limitations~~and directors, ~~including~~and ~~the~~persons ~~possibility~~who ofown ~~human~~more ~~error~~than orten ~~circumvention~~percent ~~through~~of ~~collusion~~a registered class of ~~improper~~our ~~overriding~~equity securities, to file reports of ~~controls~~ownership and changes in ownership with the Commission. ~~Therefore~~Officers, ~~even~~directors ~~those internal~~and ~~control~~greater ~~systems~~than ~~determined~~ten topercent bebeneficial ~~effective~~owners ~~can~~are ~~provide~~required ~~only~~by ~~reasonable~~Commission ~~assurance~~regulations to furnish us with ~~respect~~copies toof ~~financial~~all ~~statement~~forms ~~preparation~~they file pursuant to Section 16(a). ~~Further,~~Based ~~because~~solely on our review of ~~changes~~the incopies ~~conditions~~of such forms received and written representations from reporting persons required to file reports under Section 16(a), all of the ~~effectiveness~~Section of16(a) ~~internal~~filing ~~control may~~requirements ~~vary~~applicable ~~over~~to ~~time~~such persons, with respect to fiscal year 2020, appear not to have been complied with to the best of our knowledge.

~~Our~~ITEM ~~management assessed the effectiveness of our internal control over financial reporting as of December 31, 2019~~11. In ~~making~~EXECUTIVE its assessment of internal control over financial reporting, management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission ("COSO 2013") in Internal-Control-Integrated Framework and implemented a process to monitor and assess both the design and operating effectiveness of our internal controlsCOMPENSATION. ~~Based on this assessment, management believes that as of December 31, 2019, our internal control over financial reporting was not effective.~~

A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely basisNone. In its assessment of the effectiveness of internal control over financial reporting as of December 31, 2019, the Company determined that there were control deficiencies that constituted material weaknesses, as described below.

(1) We do not have an Audit Committee – While not being legally obligated to have an audit committee, it is the management's view that such a committee, including a financial expert member, is an utmost important entity level control over the Company's financial statement. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered to be independent of management to provide the necessary oversight over management's activities

Name	Salary		Position

Clara J. Gomez	$	0		As Chief Executive & Chief Financial Officer and Director

(2) We did not maintain enough skilled accounting resources supporting the financial close and reporting processes to ensure (i) changes and entry to spreadsheets utilized in the financial reporting process were properly reviewed, (ii) significant estimates and judgments were adequately supported, reviewed, approved and evaluated against actual experiences, (iii) effective and timely analysis and reconciliation of significant accounts, and (iv) a proper review of period close entries and procedures23

24SUMMARY COMPENSATION TABLE ‡

We have instituted a remediation plan which involves reeducating our management, the accounting staff, and the administrative staff as to the elements of a completed sale. We increased the oversight of the process by increasing the frequency of involvement of outside accounting consultants. Internal systems are being put into place to track and document significant dates, such as delivery, installation and customer acceptance. In addition, the bookkeeping system has been modified so that all sales of extended warranties are automatically recorded as deferred revenue and that the amount of revenue that is ultimately recognized as warranty revenue is as the result of an analysis of the significant aspects of the warranty such as coverage and period.

Name and Principal Position	Fiscal Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Nonequity Incentive Plan Compen- sation ($)		Non- Qualified Deferred Compen- sation Earnings ($)		All Other Compen- sation ($)		Total ($)

Clara J. Gomez	2019	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
(Chief Executive & Chief Financial Officer and Director	2020	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0

~~Changes~~EMPLOYMENT inCONTRACTS ~~Internal~~AND ~~Control~~TERMINATION ~~Over~~OF ~~Financial~~EMPLOYMENT ~~Reporting~~AND CHANGE-IN-CONTROL ARRANGEMENTS

Our management has evaluated, with the participation of our Chief Executive Officer/Chief Financial Officer, changes in our internal controls over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) during the fourth quarter of 2014. In connection with such evaluation, there have been no changes to our internal control over financial reporting that occurred since the beginning of our fourth quarter of 2015 that have materially affected, or are reasonably likely to materially affect our internal control over financial reporting. While there have been no changes, we have assessed our internal controls as being deficient and will be taking steps beginning in 2019 to remedy such deficiencies.None

~~ITEM~~Directors ~~9B. OTHER INFORMATION.~~Compensation

~~There~~No ~~are~~director noreceived ~~further~~compensation ~~disclosures~~for services rendered in any capacity to us during the fiscal years ended December 31, 2019 and December 31, 2020.

~~PART~~Indemnification ~~III~~of Directors and Officers

~~ITEM~~Our 10Articles of Incorporation, as amended and restated, and our Bylaws provide for mandatory indemnification of our officers and directors, except where such person has been adjudicated liable by reason of his negligence or willful misconduct toward the Company or such other corporation in the performance of his duties as such officer or director. ~~DIRECTORS~~Our Bylaws also authorize the purchase of director and officer liability insurance to insure them against any liability asserted against or incurred by such person in that capacity or arising from such person's status as a director, ~~EXECUTIVE~~officer, ~~OFFICERS~~employee, ~~AND~~fiduciary, ~~CORPORATE~~or ~~GOVERNANCE~~agent, whether or not the corporation would have the power to indemnify such person under the applicable law.

~~Directors~~Compensation Committee Interlocks and ~~Executive~~Insider ~~Officers~~Participation

~~The~~We ~~following~~have ~~table~~not ~~includes~~established ~~the~~a ~~names~~compensation ~~and~~committee. ~~positions~~We ~~held~~are ofnot ~~our~~currently ~~executive~~subject ~~officers~~to ~~and~~any ~~directors who served during the years ended December 31~~law, ~~2018~~rule ~~and/~~or ~~December~~regulation ~~31,~~requiring ~~2019~~that ~~and~~we ~~their~~establish ~~current~~a ~~ages:~~compensation committee.

NAME	AGE	POSITION	DIRECTOR SINCE
Clara J. Gomez	25	Chief Executive, Chief Financial Officer and Director and Director	2019
Dave Kyung Han	50	Former President, Chief Executive Officer and Director	2009
Joo Chan Lee	47	Former Chief Financial Officer	2009
Kwang Hee Lee	45	Former Director	2009
Jung Ho Kim	41	Former Director	2009
Gye Heun Kwak	62	Former Director	2009

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

~~Clara~~The J.following ~~Gomez~~tables ~~Chief~~set ~~Executive~~forth ~~Officer~~information as of December 31, ~~Chief~~2020 ~~Financial~~regarding ~~Oficer~~the beneficial ownership of our common stock each stockholder who is known by the Company to own beneficially in excess of 5% of our outstanding common stock; each director known to hold common or preferred stock; the Company's chief executive officer; and the ~~Director~~executive ~~has~~officers and directors as a ~~degree~~group. ~~in Business~~Except ~~Administration~~as otherwise indicated, all persons listed below have (i) sole voting power and ~~Accounting~~investment ~~from~~power with respect to their shares of stock, except to the ~~Univeridad~~extent ~~Abierta~~that ~~Para~~authority ~~Auditos~~is shared by spouses under applicable law, and (~~UAPA~~ii) ~~Santo~~record ~~Domingo~~and beneficial ownership with respect to their shares of stock.

Dave Kyung Han, President, Chief Executive Officer and Director - Mr. Han has been President, Chief Executive Officer and Director of CinTel Korea since February 2009.Since 2004 Mr. Han has served as the CEO of Hitrax, Inc., a RFID solution provider company based in Seoul, Korea since 2004. From 2002 through 2004, Mr. Han served as the CEO of Matek, Inc. a IT business development company based in Seoul, Korea. Mr. Han has served as an independent consultant in IT project management for government and commercial customers. Mr. Han has also served as Senior Systems Analyst for the US House of Representatives Committee on House Administration and Senior Systems Engineer at Wang Laboratories. Mr. Han received a BSEE degree from Capital Institute of Technology. The Board of Directors believes that Mr. Han is qualified to serve as a member of the Company’s Board of Directors because of his business background in particular his experience as a CEO of Hitrax. 24

Joo Chan Lee, Chief Financial Officer- Mr. Kang has been our Chief Financial Officer since February 2009. From 2003 through 2008, Mr. Lee served as Vice President of Hitrax Inc., a RFID solution provider based in Seoul, Korea. From 2001 through 2003, Mr. Lee served as CEO of Seoul Press Co. Ltd., a press machine manufacturing company based in Seoul, Korea. Mr. Lee also served as CFO of Seoul Data Telecommunication Co. Ltd. and J&J Co. Ltd. Mr. Lee received a B.A in Economics from Sogang University, Seoul Korea. The Board of Directors believes that Mr. Lee is qualified to serve as a member of the Company’s Board of Directors because of the experience he has garnered as an executive of other similarly situated companies.

NUMBER OF
SHARES

PERCENT OF
SHARES

NAME AND ADDRESS OF

TITLE

BENEFICIALLY

BENEFICIAL OWNER

OF CLASS

OWNED

Clara J. Gomez

Common

Costa Rica Street, Yesiana Rosa I

Santo Domingo Este 11406

All Directors and officers as a group (1 member)

Common

~~Kwang~~The ~~Hee~~above ~~Lee,~~table ~~Director~~reflects -share ~~Mr.~~ownership ~~Lee has served~~ as ~~one~~ of ~~our~~the ~~directors~~most ~~since~~recent ~~July 2006~~date. ~~Mr.~~Each ~~Lee~~share ~~also served as our President and Chief Executive Officer from June 2008 to February 2009 Mr. Lee is the Team Head~~ of ~~the~~common ~~Life~~stock ~~Science Investment Team of KTB Network Corp. Me. Lee~~ has ~~served~~one invote ~~this~~per ~~capacity~~share ~~since~~on ~~1994.~~all ~~Mr.~~matters ~~Lee~~submitted ~~graduated from~~to ~~the Sogang University in 1993 with~~ a ~~major~~vote inof ~~Business~~our ~~Administration~~shareholders. ~~Mr. Lee also holds a MA in Finance from the Sogang University.~~

~~Jung~~ITEM ~~Ho Kim, Director - Mr Kim has served as one of our directors since 2006~~13. MrCERTAIN ~~Lee~~RELATIONSHIPS isAND aRELATED ~~member~~TRANSACTIONS, ofAND ~~Woori~~DIRECTOR ~~PEF and has served in this capacity since 2006~~INDEPENDENCE. Mr Kim graduated from Yeonsei University in 1995 with a major in Business Administration. He is a certified public accountant in Korea.The Board of Directors believe that Mr. Kim is qualified to serve as a director of the Company because of his business background as a member of WooriPEF.

~~Gye~~We ~~Heun Kwak,~~do ~~Director- Mr.~~not ~~Kwak~~have ~~currently~~a ~~serves~~specific aspolicy ~~CEO~~or ofprocedure ~~Q&H~~for ~~Co.,~~the ~~Ltd.~~review, ~~an energy development company based in Seoul~~approval, ~~Korea~~or ~~and~~ratification ~~has~~of ~~served~~any intransaction ~~such~~involving ~~capacity~~related ~~since 2005~~persons. ~~Mr.~~We ~~Kwak~~historically ~~also~~have ~~served~~sought asand ~~CEO~~obtained offunding ~~Carpark~~from ~~Co. Ltd.~~officers, ~~a human resources management company based in Seoul~~directors, ~~Korea~~and ~~from~~family ~~1991~~members ~~through 2007 and~~ as ~~CEO~~these categories of ~~P&G~~persons ~~Korea Distributor~~are afamiliar ~~distribution company based in Seoul, Korea from 1986 through 2007. From 1981 through 1986 Mr. Kwak served in various capacities~~ with ~~Tri-Star~~our ~~Co.~~management ~~Ltd.~~and aoften ~~distribution~~provide ~~business~~better ~~based~~terms inand ~~Seoul,~~conditions ~~Korea.~~than ~~Mr. Kwak~~we ~~also~~can ~~served~~obtain asfrom ~~manager~~unassociated ~~of Daenong Co~~sources. ~~Ltd.~~Also, awe ~~construction~~are ~~company~~so ~~based~~small in Seoul Korea. Mr. Kwak holds a Bachelor of Science in sports science from Wonkwang University and completed an Advanced Management Program at Yonsei University. The Board of Directors believes that ~~Mr.~~having ~~Kwak~~specific ispolicies ~~qualified~~or toprocedures ~~serve as a director~~ of ~~the~~this ~~Company~~type ~~based~~would ~~upon~~be ~~his educational background and his experiences as an executive of other companies similarly situated as the Company~~unworkable.

~~All~~ITEM ~~directors hold office until the next annual meeting of stockholders and until their successors have been duly elected and qualified~~14. ~~There~~PRINCIPAL ~~are~~ACCOUNTANT noFEES ~~agreements~~AND ~~with respect to the election of directors~~SERVICES. We do not compensate our directors. Officers are appointed annually by the Board of Directors and each executive officer serves at the discretion of the Board of Directors. The Company does not have any standing committees at this time. There are no family relationships among any of our directors and executive officers.

25The following table shows the fees paid or accrued for the audit and other services provided by our independent registered public accounting firm.

INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

		2020		2019
Audit fees	$	5,000	$	5,000
Audit related fees		0		0
Tax fees		0		0
All other fees		0		0

~~None~~Audit ~~of our directors, executive officers or control persons has been involved in any of the legal proceedings required to be disclosed in Item 401 of Regulation S-K, during the past five years.~~Fees

~~CORPORATE~~Audit ~~GOVERNANCE~~fees ~~MATTERS~~represent the professional services rendered for the audit of our annual financial statements and the review of our financial statements included in quarterly reports, along with services normally provided by the accountant in connection with statutory and regulatory filings or engagements.

Audit ~~Committee~~Related Fees

~~The~~Audit-related ~~board~~fees ofrepresent ~~directors~~professional ~~does~~services ~~not~~rendered ~~have~~for anassurance ~~audit committee,~~ and ~~the~~related ~~functions~~services ofby the ~~audit~~principal ~~committee~~accountant that are ~~currently~~reasonably ~~performed~~related byto ~~our Corporate Secretary, with assistance by expert independent accounting personnel and oversight by~~ the ~~entire~~performance ~~board~~ of ~~directors.~~the Weaudit ~~are~~or ~~not~~review ~~currently~~of ~~subject~~our tofinancial ~~any~~statements ~~law, rule or regulation requiring~~ that weare ~~establish~~not orreported ~~maintain~~under an audit ~~committee~~fees.

~~Board~~Tax of Directors Independence. Our board of directors currently consists of one member. We are not currently subject to any law, rule or regulation requiring that all or any portion of our board of directors include "independent" directors.Fees

~~Audit~~Tax ~~Committee~~fees ~~Financial~~represent ~~Expert.~~professional ~~Our~~services ~~board~~rendered ofby ~~directors has determined that we do not have an audit committee financial expert serving on our audit committee within~~ the ~~meaning of~~principal ~~Item~~accountant 407(d)(5) of Regulation S-K. In general, an "audit committee financial expert" is an individual member of the audit committee who (a) understands generally accepted accounting principles and financial statements, (b) is able to assess the general application of such principles in connection with accounting for ~~estimates,~~tax ~~accruals and reserves~~compliance, ~~(c)~~tax ~~has experience preparing~~advice, ~~auditing, analyzing or evaluating financial statements comparable to the breadth~~ and ~~complexity~~tax ~~to the Company's financial statements, (d) understands internal controls over financial reporting and (e) understands audit committee functions~~planning.

WeAll ~~have~~Other ~~not yet replaced our former audit committee financial expert, but we are engaged in finding a suitable replacement.~~Fees

~~Code~~All ofother ~~Ethics~~fees represent fees billed for products and services provided by the principal accountant, other than the services reported for the other categories.

We have not adopted a code of ethics for our executive officers, directors and employees. However, our management intends to promote honest and ethical conduct, full and fair disclosure in our reports to the SEC, and compliance with applicable governmental laws and regulations.25

~~Nominating~~PRE-APPROVAL ~~Committee~~POLICIES

WeOur ~~have~~audit committee does not ~~yet~~rely ~~established~~on apre-approval ~~nominating~~policies ~~committee~~and procedures. ~~Our~~Typically, ~~board~~Management ofhas ~~directors,~~sought ~~sitting~~out asaudit afirm ~~board,~~candidates ~~performs~~and ~~the~~presented ~~role~~them ofto athe ~~nominating~~audit committee. WeBefore ~~are~~the ~~not~~auditor ~~currently~~renders ~~subject~~audit toand ~~any~~non-audit ~~law,~~services ~~rule~~our orboard ~~regulation~~of ~~requiring~~directors ~~that~~approves ~~we establish~~the ~~a nominating committee~~engagement.

26PART IV

~~Compensation~~ITEM ~~Committee~~15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

WeThe ~~have~~following ~~not~~exhibits ~~established~~are afiled ~~compensation committee. Our board of directors, sitting~~ as apart ~~board, performs the role~~ of athis ~~compensation~~Form ~~committee. We are not currently subject to any law, rule or regulation requiring that we establish a compensation committee.~~ 10-K:

SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE

31.1	Rule 13a-15(e)/15d-15(e) Certification by the Chief Executive Officer *

31.2	Rule 13a-15(e)/15d-15(e) Certification by the Chief Financial Office r *

32.1	Certification by the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 *

32.2	Certification by the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 *

~~Section~~*Filed 16(a) of the Securities Exchange Act of 1934 requires officers and directors, and persons who own more than ten percent of a registered class of our equity securities, to file reports of ownership and changes in ownership with the Commission. Officers, directors and greater than ten percent beneficial owners are required by Commission regulations to furnish us with copies of all forms they file pursuant to Section 16(a). Based solely on our review of the copies of such forms received and written representations from reporting persons required to file reports under Section 16(a), all of the Section 16(a) filing requirements applicable to such persons, with respect to fiscal year 2017, appear not to have been complied with to the best of our knowledge.herewith

~~ITEM 11. EXECUTIVE COMPENSATION.~~SIGNATURES

~~None~~In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on April 21, 2021.

Name	Salary		Position
Clara J. Gomez	$	0		As Chief Executive & Chief Financial Officer and Director
Dave Kyung Han	$	0		Former President, Chief Executive Officer and Director
Joo Chan Lee	$	0		Former Chief Financial Officer
Kwang Hee Lee	$	0		Former Director
Jung Ho Kim	$	0		Former Director
Gye Heun Kwak	$	0		Former Director

	Cannonau Corp.

	By:	/ s/ Clara J. Gomez
		Clara J. Gomez
		Chief Executive Officer
		(Principal executive officer)

~~SUMMARY COMPENSATION TABLE‡~~26

Name and Principal Position	Fiscal Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Nonequity Incentive Plan Compen- sation ($)		Non- Qualified Deferred Compen- sation Earnings ($)		All Other Compen- sation ($)		Total ($)
Clara J. Gomez	2019	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Chief Executive & Chief Financial Officer and Director	2018	$	0	$	0	$	0	$	0	$	0	$	0	$	0	$	0
Dave Kyung Han	2019	$	0	$	0	$	0	$	0	$	0	$		$	0	$	0
former Presient, Chief Executive Officer and Director	2018	$	0	$	0	$	0	$	0	$	0	$		$	0	$	0
Joo Chan Lee	2019	$	0	$	0	$	0	$	0	$	0	$		$	0	$	0
former Director	2018	$	0	$	0	$	0	$	0	$	0	$		$	0	$	0

Kwang Hee Lee	2019	$	$	$	$	$	$	0	$	$
former Director	2018	$	$	$	$	$	$	0	$	$
Jung Ho Kim	2019	$	$	$	$	$	$		$	$
former Director	2018	$	$	$	$	$	$		$	$
Gye Heun Kwak	2019	$	$	$	$	$	$		$	$
former Director	2018	$	$	$	$	$	$		$	$

EMPLOYMENT CONTRACTS AND TERMINATION OF EMPLOYMENT AND CHANGE-IN-CONTROL ARRANGEMENTS

None

Directors Compensation

No director received compensation for services rendered in any capacity to us during the fiscal years ended December 31, 2018 and December 31, 2019.

Indemnification of Directors and Officers

Our Articles of Incorporation, as amended and restated, and our Bylaws provide for mandatory indemnification of our officers and directors, except where such person has been adjudicated liable by reason of his negligence or willful misconduct toward the Company or such other corporation in the performance of his duties as such officer or director. Our Bylaws also authorize the purchase of director and officer liability insurance to insure them against any liability asserted against or incurred by such person in that capacity or arising from such person's status as a director, officer, employee, fiduciary, or agent, whether or not the corporation would have the power to indemnify such person under the applicable law.

Compensation Committee Interlocks and Insider Participation

We have not established a compensation committee. We are not currently subject to any law, rule or regulation requiring that we establish a compensation committee.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The following tables set forth information as of December 31, 2019 regarding the beneficial ownership of our common stock each stockholder who is known by the Company to own beneficially in excess of 5% of our outstanding common stock; each director known to hold common or preferred stock; the Company's chief executive officer; and the executive officers and directors as a group. Except as otherwise indicated, all persons listed below have (i) sole voting power and investment power with respect to their shares of stock, except to the extent that authority is shared by spouses under applicable law, and (ii) record and beneficial ownership with respect to their shares of stock.

NUMBER OF SHARES

PERCENT OF SHARES

NAME AND ADDRESS OF

TITLE

BENEFICIALLY

BENEFICIAL OWNER

OF CLASS

OWNED

Clara J. Gomez

Common

Costa Rica Street, Yesiana, Alma Rosa I

Santo Domingo Este 11506

All Directors and officers as a group (1 member)

Common

The above table reflects share ownership as of the most recent date. Each share of common stock has one vote per share on all matters submitted to a vote of our shareholders.

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.

We do not have a specific policy or procedure for the review, approval, or ratification of any transaction involving related persons. We historically have sought and obtained funding from officers, directors, and family members as these categories of persons are familiar with our management and often provide better terms and conditions than we can obtain from unassociated sources. Also, we are so small that having specific policies or procedures of this type would be unworkable.

ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

The following table shows the fees paid or accrued for the audit and other services provided by our independent registered public accounting firm.

		2019		2018
Audit fees	$	5,000	$	5,000
Audit related fees		0		0
Tax fees		0		0
All other fees		0		0

Audit Fees

Audit fees represent the professional services rendered for the audit of our annual financial statements and the review of our financial statements included in quarterly reports, along with services normally provided by the accountant in connection with statutory and regulatory filings or engagements.

Audit Related Fees

Audit-related fees represent professional services rendered for assurance and related services by the principal accountant that are reasonably related to the performance of the audit or review of our financial statements that are not reported under audit fees.

Tax Fees

Tax fees represent professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning.

All Other Fees

All other fees represent fees billed for products and services provided by the principal accountant, other than the services reported for the other categories.

PRE-APPROVAL POLICIES

Our audit committee does not rely on pre-approval policies and procedures. Typically, Management has sought out audit firm candidates and presented them to the audit committee. Before the auditor renders audit and non-audit services our board of directors approves the engagement.

PART IV

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES.

The following exhibits are filed as part of this Form 10-K:

31.1	Rule 13a-15(e)/15d-15(e) Certification by the Chief Executive Officer *
31.2	Rule 13a-15(e)/15d-15(e) Certification by the Chief Financial Office *
32.1	Certification by the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 *
32.2	Certification by the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 *

*Filed herewith

SIGNATURES

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on February 26, 2020.

Chun Can Capital Group By: /s/ Clara J. Gomez Clara J. Gomez Chief Executive Officer (Principal executive officer)

Filing Compare · CHUN CAN CAPITAL GROUP