v3.19.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total revenue $ 1,201,283 $ 560,863 $ 2,061,812 $ 829,442
Total cost of sales 637,039 376,912 1,056,978 595,922
GROSS MARGIN 564,244 183,951 1,004,834 233,520
OPERATING EXPENSES        
Depreciation and amortization expense 6,581 10,870 11,318 14,128
Selling, general and administrative 875,625 557,777 1,535,597 976,292
Total operating expenses 882,206 579,790 1,546,915 1,001,563
LOSS FROM OPERATIONS (317,962) (395,839) (542,081) (768,042)
OTHER INCOME (EXPENSE)        
Other income 100,674 1,580 102,816 1,580
Bad debt expense (68,049) 0 (68,049) 0
Change in value of derivative liability (372,156) 51,396 (4,295,382) 581,686
Gain/(loss) on sale of assets 0 15,070 0 15,070
Interest expense (71,568) (42,556) (170,827) (91,922)
Conversion cost reimbursement (3,000) 0 (13,520) 0
Conversion cost penalty 0 0 (532,496)  
Amortization of debt discounts (437,991) (233,520) (522,360) (434,960)
Total other income (expenses) (852,090) (208,030) (5,499,818) 71,454
Loss from Discontinued Operations (100,748) 0 (100,748) 0
NET (LOSS) FOR THE PERIOD $ (1,270,800) $ (603,869) $ (6,142,647) $ (696,588)
(LOSS) PER COMMON SHARE - BASIC AND DILUTED FOR CONTINUED OPERATIONS $ (0.03) $ (10.76) $ (0.04) $ (13.62)
(LOSS) PER COMMON SHARE - BASIC AND DILUTED FOR DISCONTINUED OPERATIONS $ 0.00 [1] $ 0.00 $ 0.00 [1] $ 0.00
WEIGHTED AVERAGE NUMBER OF COMMON SHARES - BASIC AND DILUTED 37,927,962 56,123 155,129,015 51,129
Rental Business [Member]        
Total revenue $ 43,500 $ 47,386 $ 96,378 $ 98,663
Total cost of sales 54,456 75,079 121,619 113,488
Food and beverage [Member]        
Total revenue 167,349 156,719 315,146 304,015
Total cost of sales 199,717 114,391 349,360 212,847
Sales of ice cream [Member]        
Total revenue 0 148,326 207,389 0
Total cost of sales 0 198,575 280,730 0
Ice Cream Franchisee Sales [Member]        
Total revenue 76,271 85,282 94,843 93,075
Franchise Fees [Member]        
Total revenue 2,022 120,000 9,378 120,000
Royalty Fees [Member]        
Total revenue 10,840 3,150 17,539 6,300
Tax Services [Member]        
Total revenue 901,301 0 1,528,528 0
Total cost of sales $ 382,866 $ 0 $ 585,999 $ 0
[1] Less than $0.00

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