Annual report pursuant to Section 13 and 15(d)

Security Deposits

v3.22.1
Security Deposits
 12 Months Ended
Dec. 31, 2021
Security Deposits  
Security Deposits

Note 8 – Security Deposits

 

Security deposits included the following as of December 31, 2021 and 2020, respectively:

 

    December 31,     December 31,  
    2021     2020  
Utility deposits   $ 1,090     $ 660  
Refundable deposit on equipment purchase     50,000       50,000  
Down payment on distillation equipment     1,155,000       -  
Security deposits on leases held in Colombia     35,869       9,960  
Security deposit on office lease     14,029       4,494  
Security deposits   $ 1,255,988     $ 65,114  

 

 

ONE WORLD PRODUCTS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS