NOTE 1  NATURE OF OPERATIONS Fortuneswell Corporation (the Company) was incorporated in the State of Nevada on June 17, 2014 and has elected a December 31 fiscal year end. The principal business objective of the Company is to sell and promote a portfolio of bulk fuel supplements for Energy Alliance Technology Company (EATC). The portfolio of bulk fuel supplements is based on the science of Bio-Thermogenics. In September 2018, the Company changed its name to Energy Alliance Technology Corp. The unaudited interim financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles (US GAAP) have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. It is suggested that these financial statements be read in conjunction with the audited financial statements and the notes thereto included in the Companys Form 10-K as of December 31, 2017. In the opinion of management, all adjustments necessary to fairly present the Companys financial position as of September 30, 2018, and results of its operations and cash flows for the nine months then ended have been made. The accompanying financial statements have been prepared in conformity with US GAAP, which contemplate continuation of the Company as a going concern. The Company currently has limited liquidity and has not completed its efforts to establish a stabilized source of revenues sufficient to cover operating costs over an extended period of time. Management has evaluated these factors and as determined that they raise substantial doubt about the Companys ability to continue as a going concern within one year after the date that the financial statements are issued. Recently Issued Accounting Pronouncements On January 1, 2018, the Company adopted ASU 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"), which amended the existing accounting standards for revenue recognition. ASU 2014-09 establishes principles for recognizing revenue upon the transfer of promised goods or services to customers, in an amount that reflects the expected consideration received in exchange for those goods or services. The Company adopted ASU 2014-09 in the first quarter of 2018 and applied the modified retrospective approach. There was no impact to the Companys recognition of revenue as a consequence of adopting this new standard. Other than as noted above the Company has not implemented any pronouncements that had material impact on the financial statements and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.