v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Total revenue $ 1,540,608 $ 697,884 $ 3,602,420 $ 1,527,326
Total cost of sales 580,253 591,066 1,637,231 1,186,988
GROSS MARGIN 960,356 106,818 1,965,189 340,338
OPERATING EXPENSES        
Depreciation and amortization expense (1,945) (9,279) 9,373 15,992
Selling, general and administrative 817,978 1,032,113 2,421,624 2,008,405
Total operating expenses 816,033 1,022,834 2,430,997 2,024,397
LOSS FROM OPERATIONS 144,322 (916,016) (465,808) (1,684,059)
OTHER INCOME (EXPENSE)        
Other income 33,644 84 136,460 1,664
Bad debt expense 0 (23,607) 0 (23,607)
Change in value of derivative liability (2,340,167) (1,898,704) (6,635,549) (1,317,018)
Gain/(loss) on sale of assets 0 (14,196) 0 874
Interest expense (49,352) (72,355) (220,179) (164,277)
Conversion cost reimbursement 0 0 (13,520) 0
Conversion cost penalty (136,401) 0 (668,897) 0
Impairment of asset 0 (300,000) 0 (300,000)
Impairment on acquisition 0 (1,459,725) 0 (1,459,725)
Amortization of debt discounts (302,846) (330,941) (825,206) (765,901)
Total other income (expenses) (2,795,122) (4,099,444) (8,226,891) (4,027,990)
Loss from Discontinued Operations (339,659) 0 (440,407) 0
NET (LOSS) FOR THE PERIOD $ (2,990,459) $ (5,015,460) $ (9,133,106) $ (5,712,049)
(LOSS) PER COMMON SHARE - BASIC AND DILUTED FOR CONTINUED OPERATIONS $ (0.01) $ (43.46) $ (0.06) $ (78.42)
(LOSS) PER COMMON SHARE - BASIC AND DILUTED FOR DISCONTINUED OPERATIONS $ (0.00) [1] $ 0 $ (0.00) [1] $ 0
WEIGHTED AVERAGE NUMBER OF COMMON SHARES - BASIC AND DILUTED 275,203,293 115,404 144,871,780 72,839
Rental Business [Member]        
Total revenue $ 39,199 $ 44,740 $ 135,577 $ 143,403
Total cost of sales 32,254 43,305 153,873 145,650
Food and beverage [Member]        
Total revenue 157,091 148,540 472,237 452,555
Total cost of sales 175,357 111,814 524,717 324,661
Sales of ice cream [Member]        
Total revenue 0 68,079 0 275,468
Sales of Ice Cream - Ice Cream Sales [Member]        
Total revenue 42,959 76,475 137,802 169,550
Total cost of sales 0 154,572 0 435,302
Franchise Fees [Member]        
Total revenue 2,044 0 11,422 120,000
Royalty Fees [Member]        
Total revenue 11,198 7,350 28,737 13,650
Tax Services [Member]        
Total revenue 1,288,116 229,124 2,816,644 229,124
Total cost of sales 372,642 155,475 958,641 155,475
Travel Services [Member]        
Total cost of sales 0 0 0 0
Other [Member]        
Total revenue 0 123,576 0 123,576
Total cost of sales $ 0 $ 125,900 $ 0 $ 125,900
[1] Less than $0.01

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