Investor Relations

Financial Statements

v3.10.0.1
BALANCE SHEETS - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current Assets    
Cash of discontinued operations $ 0 $ 90,282
Due from affiliated companies of discontinued operations 0 20,881
Total current assets of discontinued operations 0 111,163
Furniture and equipment of discontinued operations, net 0 78,763
Total Assets of Discontinued Operations 0 189,926
Current Liabilities    
Accounts payable and accrued expenses of discontinued operations 0 342,924
Accrued officer expenses of discontinued operations 0 42,000
Auto loan of discontinued operations, current 0 4,003
Income tax payable of discontinued operations 259,717 84,684
Line of credit, officers of discontinued operations 0 212,140
Total Current Liabilities of Discontinued Operations 259,717 685,751
Long-Term Liabilities    
Auto loan of discontinued operations, noncurrent 0 16,261
Equipment loan of discontinued operations, noncurrent 0 12,299
Total Long-Term Liabilities of Discontinued Operations 0 28,560
Total Liabilities 259,717 714,311
Stockholders’ Deficit    
Preferred stock, 5,000,000 shares authorized; zero shares issued and outstanding 0 0
Common stock, $0.001 par value, 495,000,000 shares authorized, 158,890,363 and 14,445,363 shares issued and outstanding at June 30, 2018 and December 31, 2017 158,890 14,445
Additional paid in capital 4,731,083 (902,272)
Retained earnings (5,149,690) 363,442
Total Stockholders’ Deficit (259,717) (524,385)
Total Liabilities and Stockholders’ Deficit $ 0 $ 189,926
v3.10.0.1
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 0 $ 0 $ 0 $ 0
Cost of sales 0 0 0 0
Gross Profit 0 0 0 0
Net (loss) income from continuing operations 0 0 0 0
Net (loss) income from discontinued operations, net of income taxes (5,638,604) 43,555 (5,513,132) 33,758
Net (loss) Income $ (5,638,604) $ 43,555 $ (5,513,132) $ 33,758
Net income (loss) per common share        
Income from continuing operations per basic and diluted common share (in Dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Income from discontinued operations per basic and diluted common share (in Dollars per share) (0.04) 0.00 (0.07) 0.00
Basic and diluted (in Dollars per share) $ (0.04) $ 0.00 $ (0.07) $ 0.00
Basic and diluted (in Shares) 139,842,671 14,445,363 77,490,418 14,445,363
v3.10.0.1
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities:    
Net Income (loss) from continuing operations $ 0 $ 0
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:    
Depreciation expense 0 0
Capital gain 0 0
Changes in operating assets and liabilities    
Accounts receivable 0 0
Prepaid expenses and other current assets 0 0
Accounts payable and accrued expenses 0 0
Income tax payable 119,184 38,147
Net cash provided by (used in) operating activities - continuing operations 119,184 38,147
Net cash provided by (used in) operating activities - discontinued operations 84,058 28,680
Net cash provided by (used in) operating activities 203,242 66,827
Investing Activities:    
Acquisitions of furniture and equipment 0 0
Due from affiliated companies 0 0
Net cash provided by (used in) investing activities - continuing operations 0 0
Net cash provided by (used in) investing activities - discontinued operations (135,431) (59,346)
Net cash used in investing activities (135,431) (59,346)
Financing Activities:    
Payments on auto loan 0 0
Bank overdraft 0 0
Proceeds from borrowings on note payable from officers 0 0
Repayments of borrowings on note payable form officers 0 0
Net cash provided by (used in) financing activities – continuing operations 0 0
Net cash provided by (used in) financing activities – discontinued operations (158,093) (40,042)
Net cash provided by (used in) financing activities (158,093) (40,042)
Net increase (decrease) in cash (90,282) (32,561)
Cash, beginning of period 90,282 32,761
Cash, end of period 0 200
Cash paid during the period    
Interest 0 439
Income taxes 0 800
Non-cash investing and financing activities    
Vehicle purchased through auto loan 0 22,789
Conversion of Line of credit, officers to shares of common stock $ 144,445 $ 0