Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES:        
Sales $ 442,178 $ 49,933 $ 493,988 $ 206,407
Related party Sales 0 3,262 0 11,565
Total Revenues 442,178 53,195 493,988 217,972
Cost of sales 378,491 37,170 406,972 110,563
Gross Profit 63,687 16,025 87,016 107,409
OPERATING EXPENSES:        
Depreciation 3,697 1,374 6,350 4,702
Selling and marketing 167,664 125,942 430,425 326,608
Payroll and related 142,830 62,000 413,232 258,842
Stock-based compensation 529,393 123,000 688,293 665,767
General and administrative 639,767 294,821 1,777,419 710,094
  Total operating expenses 1,483,352 607,137 3,315,719 1,966,013
Net loss from operations (1,419,664) (591,112) (3,228,703) (1,858,604)
OTHER INCOME (EXPENSES):        
Interest expense, net (549,363) (688,090) (2,542,108) (2,460,185)
Impairment gain (Loss) on Joint Ventures 238,296 (22,658)
Income (Loss) on equity investment 240,198 106,305
Loss on share exchange agreement (340,984) (735,178)
Gain (Loss) on change in fair value of derivative liabilities 1,177,610 (1,454,903) (451,679) (312,631)
Unrealized Gain (loss) on trading securities 504,137 (13,945)
Loss on sale of trading securities (543,200) (543,200) (2,603)
(Loss) Gain on settlement of debt (88,990) 383,440 (253,967) 386,930
Total other income (expense) (344,927) (1,281,059) (4,021,995) (2,318,787)
Net loss before income taxes (1,764,591) (1,872,171) (7,250,698) (4,177,391)
Income taxes (benefit)
NET INCOME (LOSS) $ (1,764,591) $ (1,872,171) $ (7,250,698) $ (4,177,391)
Loss per common share, basic and diluted $ (0.00) $ (0.00) $ (0.00) $ (0.01)
Weighted average number of common shares outstanding, basic and diluted (after stock-split) 5,266,505,915 1,178,860,134 4,867,533,020 518,261,567