Quarterly report pursuant to Section 13 or 15(d)

Security Deposits

v3.22.1
Security Deposits
 3 Months Ended
Mar. 31, 2022
Security Deposits  
Security Deposits

Note 6 – Security Deposits

 

Security deposits included the following as of March 31, 2022 and December 31, 2021, respectively:

 

    March 31,     December 31,  
    2022     2021  
Utility deposits   $ 1,090     $ 1,090  
Refundable deposit on equipment purchase     50,000       50,000  
Down payment on distillation equipment     1,399,413       1,155,000  
Security deposits on leases held in Colombia     83,135       35,869  
Security deposit on office lease     14,029       14,029  
Security deposits   $ 1,547,667     $ 1,255,988  

 

 

ONE WORLD PRODUCTS, INC.

Notes to Condensed Consolidated Financial Statements

(Unaudited)