Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Operations (Unaudited)

v3.22.1
Condensed Consolidated Statement of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Revenues - related party $ 67,500
Costs and expenses    
General and administrative expenses 4,039 5,900
Professional fees 44,212 25,030
Salaries and wages 23,292 34,391
General and administrative expenses - related party 30,000 30,000
Total operating expenses 101,543 95,321
Loss from operations (34,043) (95,321)
Other income (expense)    
Unrealized gain (loss) on available for sale securities (131,535) (5,500)
Proceeds from sale of investment – cost method 287
Net loss allocated from equity method investee (6,154) (21,006)
Accreted interest income and interest income on note receivable 7,524 9,195
Interest expense (includes amortization of debt discount) (58,041) (70,541)
Total other expense (187,919) (87,852)
Net loss (221,962) (183,173)
Net loss attributable to non-controlling interest (1,775)
Net loss income attributable to the Company $ (221,962) $ (181,398)
Net loss per share – basic and diluted $ (0.01) $ (0.01)
Weighted average number of shares - basic and diluted 21,674,000 21,674,000