Quarterly report pursuant to Section 13 or 15(d)

Security Deposits

v3.22.2.2
Security Deposits
 9 Months Ended
Sep. 30, 2022
Security Deposits  
Security Deposits

Note 7 – Security Deposits

 

Security deposits included the following as of September 30, 2022 and December 31, 2021, respectively:

 

    September 30,     December 31,  
    2022     2021  
Utility deposits   $ -     $ 1,090  
Refundable deposit on equipment purchase     50,000       50,000  
Down payment on distillation equipment     1,399,412       1,155,000  
Security deposits on leases held in Colombia     596       35,869  
Security deposit on office lease     -       14,029  
Security deposits   $ 1,450,008     $ 1,255,988  

 

 

ONE WORLD PRODUCTS, INC.

Notes to Condensed Consolidated Financial Statements

(Unaudited)