v3.21.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 28,920 $ 282,380
Accounts receivable 5,636
Inventory 267,152 24,682
Other current assets 118,911 267,106
Total current assets 420,619 574,168
Right-of-use assets 195,029 502,706
Security deposits 65,114 72,527
Fixed assets, net 726,820 697,863
Total Assets 1,407,582 1,847,264
Current liabilities:    
Accounts payable 734,554 330,521
Accrued expenses 550,535 109,665
Dividends payable 37,236
Current portion of lease liabilities 45,271 55,101
Convertible notes payable 507,332
Notes payable, including $201,000 and $130,000 due to related parties for the years ended December 31, 2020 and 2019, respectively 334,841 130,000
Total current liabilities 1,702,437 1,132,619
Long-term lease liability 156,254 453,251
Total Liabilities 1,858,691 1,585,870
Series A convertible preferred stock, $0.001 par value, 500,000 shares authorized; 150,233 and -0- issued and outstanding at December 31, 2020 and 2019, respectively 1,502,330
Stockholders' Equity (Deficit):    
Preferred stock, $0.001 par value, 9,500,000 shares authorized; no shares issued and outstanding at December 31, 2020 and 2019, respectively
Common stock, $0.001 par value, 300,000,000 shares authorized; 53,085,305 and 44,804,305 shares issued and outstanding at December 31, 2020 and 2019, respectively 53,085 44,804
Additional paid-in capital 14,103,672 8,150,004
Subscriptions payable, consisting of 750,000 and 500,000 shares at December 31, 2020 and 2019, respectively 75,000 250,000
Accumulated other comprehensive loss (52,870) (16,248)
Accumulated (deficit) (16,132,326) (8,167,166)
Total Stockholders' Equity (Deficit) (1,953,439) 261,394
Total Liabilities and Stockholders' Equity (Deficit) $ 1,407,582 $ 1,847,264

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