Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Operations

v3.20.1
Consolidated Statement of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Revenue related party $ 3,333 $ 6,667
General and Administrative expenses 60,990 82,883
Professional Fees 122,005 95,875
Salaries and Wages 258,280 293,464
General and Administrative expenses - related party 120,000 137,500
Total Operating Expenses 561,275 609,722
Loss from Operations (557,942) (603,055)
Other Income and Expenses    
Unrealized gain (Loss) on available for sale purchases (43,000) 140,000
Net Loss allocated from Equity Method Investee (121,859)
Interest expense (includes amortization of warrants on note) (167,087) (129,908)
Total Other Expenses (331,946) 10,092
Net Loss (889,888) (592,963)
Net Loss attributable to Non Controlling Interest (5,671) (45,285)
Net Loss attributable to the Company $ (884,217) $ (547,678)
Net Loss per share Basic and Diluted $ (0.04) $ (0.03)
Weighted average Number of Common Shares Outstanding-Basic and Diluted 21,632,165 21,620,000