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ORGANIZATION NATURE OF BUSINESS AND GOING CONCERN (Tables)

6 Months Ended

Jun. 30, 2023

ORGANIZATION NATURE OF BUSINESS AND GOING CONCERN

Schedule of allocation of purchase price of acquisition

Consideration
Cash		$	5,331,120
Fair value of common stock issued			138,667
Fair value of total consideration transferred		$	5,469,787
Recognized amounts of identifiable assets acquired
Financial assets		$	1,796,911
Inventory			297,340
Property, plant and equipment			7,682,411
Identifiable intangible assets			562,200
Financial liabilities			(3,235,233	)
Total identifiable net assets		$	7,103,629
Bargain purchase gain		$	1,633,842

Schedule of Property and Equipment estimated useful life

		Estimated Useful Life
Leasehold improvements and technical works		Lesser of lease term or 40 years
Buildings		25-30 years
Vehicles		6 years
Machinery		20 years
Furniture, fixtures and equipment		5–10 years
Computers and software		3-5 years

Schedule of Assets Measured and Recognized at Fair Value on a Recurring Basis

		June 30, 2023												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – Pancretan Bank		$	8,370				-				-			$	8,370
Marketable securities – National Bank of Greece			10,829				-				-				10,829
		$	19,199											$	19,199

		December 31, 2022												Total Carrying
		Level 1				Level 2				Level 3				Value
Marketable securities – Pancretan Bank		$	8,200				-				-			$	8,200
Marketable securities – National Bank of Greece			6,681				-				-				6,681
		$	14,881											$	14,881

Summary of potential common shares

		June 30, 2023				June 30, 2022
Warrants			4,188,928				434,501
Options			-				-
Convertible Notes			-				15,535
Total			4,188,928				450,036

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Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of acquisition of assets or a business through noncash (or part noncash) transactions. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Disclosure may include the equity interest acquired, value of assets acquired, value of liabilities acquired, net monetary assets acquired, number of shares, warrants or options issued as consideration for a business or asset acquired and other information necessary to a fair presentation.

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