v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Products Sales - Rebar $ 593 $ 2,898 $ 2,218 $ 2,898
Total cost of goods sold 1,603 41,176 2,222 44,469
Gross loss (1,010) (38,278) (4) (41,571)
OPERATING EXPENSES        
Professional fees 53,016 62,410 162,874 214,274
Payroll, taxes and benefits 162,455 227,697 399,886 317,309
Consulting 81,875 58,017 98,938 216,090
General and administrative 283,034 1,245,688 500,987 1,499,717
Total operating expenses 580,380 1,593,812 1,162,685 2,247,390
NET LOSS FROM OPERATIONS (581,390) (1,632,090) (1,162,689) (2,288,961)
OTHER INCOME (EXPENSE)        
Gain on sale of a fixed asset 700
Miscellaneous income 1,274 70,817 1,274
Gain on settlement of payable 137,497 137,497
Gain on extinguishment of debt 980 2,886 980 2,886
Impairment of fixed assets (1,478) (1,478)
Interest expense (201,007) (15,632) (251,830) (47,142)
Total other income (expense) (200,027) 124,547 (180,033) 93,737
NET LOSS FROM OPERATIONS (781,417) (1,507,543) (1,342,722) (2,195,224)
Deemed dividends (292,150) (292,150)
NET LOSS $ (781,417) $ (1,799,693) $ (1,342,722) $ (2,487,374)
Net loss per share - basic and diluted $ (0.003) $ (0.008) $ (0.007) $ (0.013)
Weighted average number of shares outstanding - basic and diluted 234,917,946 188,411,391 205,202,856 174,155,883

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