Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.23.3
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Defined Benefit Plan Disclosure [Line Items]        
Revenues - related party $ 67,500 $ 202,500
Costs and expenses        
Professional fees 11,274 10,000 50,249 85,461
Salaries and wages 15,200 10,090 42,141 43,911
Total operating expenses 34,479 24,854 111,926 205,432
Loss from operations (34,479) 42,646 (111,926) (2,932)
Other income (expense)        
Unrealized gain (loss) on available for sale securities 23,250 (73,054) 29,894 (304,238)
Proceeds from sale of investment (287)
Net loss allocated from equity method investees   (43,812)
Accreted interest income and interest income on note receivable 3,555 11,110
Bad debt expense on note receivable (141,000) (141,000)
Gain on disposal of non-controlling investment 83,064 83,064
Interest expense (includes amortization of debt discount) (57,506) (57,507) (170,736) (174,164)
Total other (expense) (34,256) (185,229) (140,842) (569,040)
Net loss $ (68,735) $ (142,583) $ (252,768) $ (571,972)
Net Loss per share - basic $ (0.00) $ (0.00) $ (0.01) $ (0.02)
Net Loss per share - diluted $ (0.00) $ (0.00) $ (0.01) $ (0.02)
Weighted average number of shares - basic 21,674,000 21,674,000 21,674,000 21,674,000
Weighted average number of shares - diluted 21,674,000 21,674,000 21,674,000 21,674,000
Nonrelated Party [Member]        
Costs and expenses        
General and administrative expenses $ 8,005 $ 4,764 $ 19,536 $ 16,060
Related Party [Member]        
Costs and expenses        
General and administrative expenses $ 60,000