Lease	12 Months Ended
Dec. 31, 2023
Lease [Abstract]
LEASE	NOTE 7 — LEASE The Company uses approximately 19,200 square feet of office space at the Seoul Marina described in in Note 6 — Investments, at no cost. Although no formal lease exists, the Company believes that ASC 842 accounting guidelines apply to determine the fair market value of ten years of free rent as well as recording rent expense on its Statement of Operations. Using the following variables: Annual lease cost — 300,000,000 Korean Won 10-year present value calculation Assumed annual rent increase -4.96% Interest cost -3% 10-year bond rate on Korean Bonds 2.11% Exchange rate: 1188.5 Korean Won to the US dollar The Company determined that the present value of ten years of free rent amount to $2,775,512 which was recorded as a long-term ROU asset as of June 30, 2021. Since there were no liabilities associated with this asset since the Company is receiving free rent, the ROU assets is being amortized at a rate of approximately $23,000 per month over a ten year term. Since the Company had initially allocated a value of $2,935,658 to SMC Receivable and the Lien, the Company recorded an impairment of $158,278 on its Right-of-Use Asset for the year ended December 31, 2021. As of December 31, 2023 and December 31, 2022, the balances of the Right-of-Use-Asset was $1,918,966 and $2,212,754, respectively. Lease cost consists of approximately $287,487 and $255,357, for the years ended December 31, 2023 and December 31, 2022, respectively. The weighted average remaining lease term in years for operating leases is 8 years and the weighted average discount rate for operating leases is 3%.

Lease

12 Months Ended

Dec. 31, 2023

NOTE 7 — LEASE

The Company uses approximately 19,200 square feet of office space at the Seoul Marina described in in Note 6 — Investments, at no cost. Although no formal lease exists, the Company believes that ASC 842 accounting guidelines apply to determine the fair market value of ten years of free rent as well as recording rent expense on its Statement of Operations. Using the following variables:

Annual lease cost — 300,000,000 Korean Won

10-year present value calculation

Assumed annual rent increase -4.96%

Interest cost -3%

10-year bond rate on Korean Bonds 2.11%

Exchange rate: 1188.5 Korean Won to the US dollar

The Company determined that the present value of ten years of free rent amount to $2,775,512 which was recorded as a long-term ROU asset as of June 30, 2021. Since there were no liabilities associated with this asset since the Company is receiving free rent, the ROU assets is being amortized at a rate of approximately $23,000 per month over a ten year term. Since the Company had initially allocated a value of $2,935,658 to SMC Receivable and the Lien, the Company recorded an impairment of $158,278 on its Right-of-Use Asset for the year ended December 31, 2021.

As of December 31, 2023 and December 31, 2022, the balances of the Right-of-Use-Asset was $1,918,966 and $2,212,754, respectively.

Lease cost consists of approximately $287,487 and $255,357, for the years ended December 31, 2023 and December 31, 2022, respectively. The weighted average remaining lease term in years for operating leases is 8 years and the weighted average discount rate for operating leases is 3%.