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INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2022
ENP Peru Investments Llc [Member]  
SCHEDULE OF FAIR VALUES OF THE ASSETS ACQUIRED AND LIABILITIES ASSUMED

 

      
Purchase consideration   $506,659 
      
Assets acquired:     
Cash   7,330 
Building   3,750,000 
Land   150,000 
Liabilities assumed:     
Deferred tax liability   (174,582)
Long term debt   (2,849,500)
Total identifiable net assets:   883,248 
Excess of assets acquired over consideration    376,589
Less investment eliminated upon consolidation   (41,538)
Gain on acquisition of ENP Peru  $335,051 
SCHEDULE OF EQUITY METHOD INVESTMENT

A summary of the Company’s investment follows:

 

Balance, December 31, 2020  $3,822 
Return of equity   (3,822)
Gain in equity method investment   22,642 
Balance, December 31, 2021   22,642 
Return of equity   (8,750)
Gain in equity method investment   27,646 
Investment eliminated upon consolidation   (41,538)
Balance, June 30, 2022  $- 
SUMMARY OF PROFIT AND LOSS INFORMATION RELATED TO EQUITY ACCOUNTED INVESTMENT

Summarized profit and loss information related to the equity accounted investment is as follows:

 

   Six months ended
June 30, 2022
   Full year ended
December 31, 2021
 
         
Net sales  $162,000   $322,079 
Net income   55,292   $45,285 
Florida Based LLC [Member]  
SCHEDULE OF EQUITY METHOD INVESTMENT

 

Balance, December 31, 2020  $3,572,345 
Gain in equity method investment   454,023 
Return of equity   (325,000)
Balance, December 31, 2021   3,701,368 
Gain in equity method investment   186,670 
Return of equity   (100,000)
Balance, June 30, 2022  $3,788,038 
SUMMARY OF PROFIT AND LOSS INFORMATION RELATED TO EQUITY ACCOUNTED INVESTMENT

 SUMMARY OF PROFIT AND LOSS INFORMATION RELATED TO EQUITY ACCOUNTED INVESTMENT

   Six months ended
June 30, 2022
   Six months ended
June 30, 2021
 
         
Net sales  $7,326,021   $4,987,836 
Gross profit   1,697,739    1,850,172 
Net income   373,340   $766,167 
Lygos Inc [Member]  
SCHEDULE OF EQUITY METHOD INVESTMENT

 

Balance, December 31, 2020  $500,000 
Additional payment   500,000 
Balance, December 31, 2021 and June 30, 2022  $1,000,000