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DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Table)

9 Months Ended

Sep. 30, 2024

DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE

Income Loss from discontinued operations

		For the three months ended								For the nine months ended
		September 30, 2024				September 30, 2023				September 30, 2024				September 30, 2023
REVENUES		$	151,158			$	249,933			$	1,241,032			$	488,389
COST OF REVENUES			153,097				1,569,413				1,134,808				2,828,794
GROSS PROFIT (LOSS)			(1,939	)			(1,319,480	)			106,224				(2,340,405	)
OPERATING EXPENSES:
General and administrative			22,072				11,032				92,472				49,301
Professional fees			18,563				63,681				72,893				164,625
Other operating expenses			3,404				66,637				118,933				310,985
TOTAL OPERATING EXPENSES			44,039				141,350				284,298				524,911
LOSS FROM OPERATIONS			(45,978	)			(1,460,830	)			(178,074	)			(2,865,316	)
OTHER INCOME (EXPENSE):
Other miscellaneous income (expense)			1,566				1,087				(16,711	)			(8,225	)
TOTAL OTHER INCOME (EXPENSE)			1,566				1,087				(16,711	)			(8,225	)
LOSS FROM DISCONTINUED OPERATIONS, BEFORE TAX			(44,412	)			(1,459,743	)			(194,785	)			(2,873,541	)
Income tax expense			-				-				-				-
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX		$	(44,412)			$	(1,459,743)			$	(194,785)			$	(2,873,541)

Assets and liabilities of discontinued operations

		September 30, 2024				December 31, 2023
ASSETS
CURRENT ASSETS
Accounts receivable		$	40,193			$	-
Inventories, net			31,457				366,955
Prepaid expenses and other current assets			2,910				-
Total current assets, discontinued operations			74,560				366,955
Properties, plants and equipment, net			5,689,446				5,689,446
IVA receivable and other assets, net			428,164				491,139
Total assets, discontinued operations		$	6,192,170			$	6,547,540
LIABILITIES
CURRENT LIABILITIES
Accounts payable			133,780				126,788
Accrued liabilities			15,053				24,500
Total current liabilities, discontinued operations			148,833				151,288
Asset retirement obligations			536,466				536,466
Total liabilities, discontinued operations		$	685,299			$	687,754