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DISCONTINUED OPERATIONS (Table)

3 Months Ended

Mar. 31, 2024

BUSINESS SEGEMENTS

Loss from discontinued operations

		For the three months ended
		March 31, 2024				March 31, 2023
REVENUES		$	240,677			$	-
COST OF REVENUES			474,096				930,262
GROSS PROFIT LOSS			(233,419	)			(930,262	)
OPERATING EXPENSES:
General and administrative			44,892				14,323
Professional fees			35,151				38,802
Other operating expenses			88,246				108,345
TOTAL OPERATING EXPENSES			168,289				161,470
LOSS FROM OPERATIONS			(401,708	)			(1,091,732	)
OTHER EXPENSE:
Other miscellaneous expense			(7,161	)			(8,633	)
TOTAL OTHER EXPENSE			(7,161	)			(8,633	)
LOSS FROM DISCONTINUED OPERATIONS BEFORE TAX			(408,869	)			(1,100,365	)
Income tax expense			-				-
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX		$	(408,869	)		$	(1,100,365	)

Assets and liabilities of discontinued operations

		March 31, 2024				December 31, 2023
ASSETS
CURRENT ASSETS
Inventories, net		$	215,110			$	366,955
Total current assets, discontinued operations			215,110				366,955
Properties, plants and equipment, net			5,689,446				5,689,446
IVA receivable and other assets, net			526,128				491,139
Total assets, discontinued operations		$	6,430,684			$	6,547,540
LIABILITIES
CURRENT LIABILITIES
Accounts payable		$	137,744			$	126,788
Accrued liabilities			20,359				24,500
Total current liabilities, discontinued operations			158,103				151,288
Asset retirement obligations			536,466				536,466
Total liabilities, discontinued operations		$	694,569			$	687,754