Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited)

v3.22.2.2
Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Series A Convertible Preferred Stock [Member]
Series B Convertible Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Subscriptions Payable [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2020 $ 1,502,330 $ 53,085 $ 14,103,672 $ 75,000 $ (52,870) $ (16,132,326) $ (1,953,439)
Beginning balance, shares at Dec. 31, 2020 150,233 53,085,305          
Series B convertible preferred stock sold for cash to our CEO $ 2,550,015
Series B convertible preferred stock sold for cash to our CEO, shares   170,001            
Conversion of series A convertible preferred stock $ (550,000) $ 5,500 544,500 550,000
Conversion of series A convertible preferred stock, shares (55,000)   5,500,000          
Common stock issued for services $ 581 107,215 107,796
Common stock issued for services, shares     580,678          
Amortization of common stock options issued for services 654,579 654,579
Series A convertible preferred stock dividend declared ($0.60 per share) (34,843) (34,843)
Gain on foreign currency translation (5,419) (5,419)
Net loss (1,793,411) (1,793,411)
Series B convertible preferred stock sold for cash $ 527,520 (25) (25)
Series B convertible preferred stock units sold for cash, shares   35,168            
Common stock sold for cash $ 750 74,250 (75,000)
Common stock sold for cash, shares     750,000          
Commitment shares issued pursuant to promissory note $ 2,000 266,250 268,250
Commitment shares issued pursuant to promissory note, shares     2,000,000          
Ending balance, value at Jun. 30, 2021 $ 952,330 $ 3,077,535 $ 61,916 15,715,598 (58,289) (17,925,737) (2,206,512)
Ending balance, shares at Jun. 30, 2021 95,233 205,169 61,915,983          
Beginning balance, value at Mar. 31, 2021 $ 1,252,330 $ 1,527,525 $ 57,335 14,998,510 100,000 (52,510) (17,172,543) (2,069,208)
Beginning balance, shares at Mar. 31, 2021 125,233 101,835 57,335,305          
Series B convertible preferred stock sold for cash to our CEO $ 1,550,010
Series B convertible preferred stock sold for cash to our CEO, shares   103,334            
Conversion of series A convertible preferred stock $ (300,000) $ 4,000 396,000 (100,000) 300,000
Conversion of series A convertible preferred stock, shares (30,000)   4,000,000          
Common stock issued for services $ 581 107,215 107,796
Common stock issued for services, shares     580,678          
Amortization of common stock options issued for services 226,489 226,489
Series A convertible preferred stock dividend declared ($0.60 per share) (12,616) (12,616)
Gain on foreign currency translation (5,779) (5,779)
Net loss (753,194) (753,194)
Ending balance, value at Jun. 30, 2021 $ 952,330 $ 3,077,535 $ 61,916 15,715,598 (58,289) (17,925,737) (2,206,512)
Ending balance, shares at Jun. 30, 2021 95,233 205,169 61,915,983          
Beginning balance, value at Dec. 31, 2021 $ 652,330 $ 3,577,515 $ 65,600 16,843,656 21,725 (64,347) (19,916,888) (3,050,254)
Beginning balance, shares at Dec. 31, 2021 65,233 238,501 65,599,565          
Common stock issued for services $ 262 21,463 (21,725)
Common stock issued for services, shares     262,066          
Amortization of common stock options issued for services 82,260 82,260
Series A convertible preferred stock dividend declared ($0.60 per share) (19,105) (19,105)
Gain on foreign currency translation 4,472 4,472
Net loss (1,300,996) (1,300,996)
Ending balance, value at Jun. 30, 2022 $ 652,330 $ 3,577,515 $ 65,862 16,928,274 (59,875) (21,217,884) (4,283,623)
Ending balance, shares at Jun. 30, 2022 65,233 238,501 65,861,631          
Beginning balance, value at Mar. 31, 2022 $ 652,330 $ 3,577,515 $ 65,862 16,895,975 (47,543) (20,526,394) (3,612,100)
Beginning balance, shares at Mar. 31, 2022 65,233 238,501 65,861,631          
Amortization of common stock options issued for services 41,146 41,146
Series A convertible preferred stock dividend declared ($0.60 per share) (8,847) (8,847)
Gain on foreign currency translation (12,332) (12,332)
Net loss (691,490) (691,490)
Ending balance, value at Jun. 30, 2022 $ 652,330 $ 3,577,515 $ 65,862 $ 16,928,274 $ (59,875) $ (21,217,884) $ (4,283,623)
Ending balance, shares at Jun. 30, 2022 65,233 238,501 65,861,631