CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - UNAUDITED - USD ($)
|
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net loss for the period |
$ (816,437)
|
$ (418,889)
|
| Adjustments to reconcile net loss for the period to net cash used in operating activities: |
|
|
| Unrealized loss (gain) on investments |
213,883
|
(104,642)
|
| Depreciation and amortization |
75,979
|
84,707
|
| Loss on debt settlement |
10,527
|
0
|
| Loss on sale of investment securities |
155,735
|
0
|
| Stock issued for services |
88,200
|
350,507
|
| Stock payable for services |
196,527
|
0
|
| Note payable issued for services |
55,000
|
30,000
|
| Write off of abandoned equipment |
0
|
583
|
| Changes in Assets and Liabilities: |
|
|
| Accounts payable and accrued expenses |
(31,321)
|
1,424
|
| Accrued interest - related parties |
50
|
15,424
|
| Net Cash Provided by (Used in) Operating Activities |
(51,857)
|
(40,886)
|
| Cash Flows from Investing Activities: |
|
|
| Proceeds from sale of stock held for investment |
9,040
|
0
|
| Advances to related party |
(19,388)
|
0
|
| Net Cash Used in Investing Activities |
(10,348)
|
0
|
| Cash Flows from Financing Activities: |
|
|
| Proceeds from related parties notes payable, net |
22,884
|
41,340
|
| Net Cash Provided by Financing Activities |
22,884
|
41,340
|
| NET CHANGE IN CASH |
(39,321)
|
454
|
| CASH AT BEGINNING OF PERIOD |
97,445
|
194,060
|
| CASH AT END OF PERIOD |
58,124
|
194,514
|
| Noncash investing and financing activities |
|
|
| Shares issued in consideration of notes and interest payable - related parties |
30,000
|
1,417,851
|
| Shares issued in consideration of convertible notes payable |
39,000
|
|
| Recognition of operating lease liability and right of use asset |
$ 0
|
$ 56,595
|