v3.20.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue    
Products sales - rebar $ 3,892 $ 87,836
Total cost of goods sold 105,010 91,085
Gross loss (101,118) (3,249)
OPERATING EXPENSES    
Professional fees 341,906 234,668
Payroll, taxes and benefits 865,828 249,046
Consulting 219,326 628,525
General and administrative 2,483,226 2,203,741
Bad debt expense 79,569
Loss on impairment of license 396,849
Impairment of fixed assets 1,478 395,742
Loss on inventory obsolescence 240,121
Total operating expenses 3,911,764 4,428,261
NET LOSS FROM OPERATIONS (4,012,882) (4,431,510)
OTHER INCOME (EXPENSE)    
Loss on share issuance for extension of debt (90,061)
Loss on forfeiture of deposit (1,260,000)
Miscellaneous income 4,469
Gain on settlement of payables 201,617
Interest expense (113,076) (106,994)
Total other income (expense) 93,010 (1,457,055)
LOSS FROM CONTINUING OPERATIONS BEFORE DISCONTINUED OPERATIONS (3,919,872) (5,888,565)
LOSS FROM DISCONTINUED OPERATIONS (20,844)
Deemed dividends (388,932)
NET LOSS (4,308,804) (5,909,409)
Net loss attributable to non-controlling interest 540
Net loss attributable to controlling interest $ (4,308,804) $ (5,909,949)
Net loss per share - basic and diluted    
Continuing operations $ (0.021) $ (0.044)
Discontinued operations (0.000) (0.000)
Total $ (0.021) $ (0.044)
Weighted average number of shares outstanding - basic and diluted 186,607,492 135,126,733

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