v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Products Sales - Rebar $ 2,408 $ 994 $ 4,626 $ 3,892
Total cost of goods sold 919 31,295 3,065 85,953
Gross profit (loss) 1,489 (30,301) 1,561 (82,061)
OPERATING EXPENSES        
Professional fees 127,294 68,927 290,168 283,200
Payroll, taxes and benefits 107,284 287,355 507,170 604,664
Consulting 71,260 375 170,198 216,465
General and administrative 402,217 470,955 903,279 1,960,484
Total operating expenses 708,055 827,612 1,870,815 3,064,813
NET LOSS FROM OPERATIONS (706,566) (857,913) (1,869,254) (3,146,874)
OTHER INCOME (EXPENSE)        
Gain on sale of a fixed asset 40,838 40,838 700
Miscellaneous income 257 70,817 1,531
Gain on settlement of payable 292,112 64,050 292,112 201,547
(Loss) gain on extinguishment of debt (63,914) (62,934) 2,886
Impairment of fixed assets (1,478)
Interest expense (550,094) (25,569) (801,925) (72,711)
Total other income (expense) (281,058) 38,738 (461,092) 132,475
NET LOSS FROM OPERATIONS (987,624) (819,175) (2,330,346) (3,014,399)
Deemed dividends (66,782) (358,932)
NET LOSS $ (987,624) $ (885,957) $ (2,330,346) $ (3,373,331)
Net loss per share - basic and diluted $ (0.005) $ (0.004) $ (0.011) $ (0.017)
Weighted average number of shares outstanding - basic and diluted 213,142,631 197,352,143 207,868,768 181,972,940

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