10-Q

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2022

OR

☐ TRANSITION REPORT UNDER SECTION 13 OF 15(d) OF THE EXCHANGE ACT OF 1934

For the transition period from ___________ to ____________

Commission File Number 000-29935

CROWN EQUITY HOLDINGS INC.

(Exact name of registrant as specified in its charter)

Nevada	33-0677140
(State or other jurisdiction of incorporation or organization)	(IRS Employer Identification No.)

11226 Pentland Downs Street, Las Vegas, NV 89141

(Address of principal executive offices)

(702) 683-8946

(Issuer's telephone number)

Indicate by check mark whether the Company (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the Company was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smaller reporting company", and "emerging growth company" in Rule 12b-2of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated Filer	☐	Smaller reporting company	☒
		Emerging growth company	☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the Company is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

As of August 15, 2022, the number of shares outstanding of the registrant's class of common stock was 13,346,642.

TABLE OF CONTENTS

		Page
PART I: FINANCIAL INFORMATION
Item 1.	Financial Statements (Unaudited)
	Condensed Consolidated Balance Sheets as of June 30, 2022 (Unaudited) and December 31, 2021 (Audited)	4
	Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2022 and 2021 (Unaudited)	5
	Condensed Consolidated Statements of Changes in Stockholders' Deficit for the Three and Six Months Ended June 30, 2022 and 2021 (Unaudited)	6
	Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2022 and 2021 (Unaudited)	7
	Notes to Condensed Consolidated Financial Statements (Unaudited)	8
Item 2.	Management's Discussion and Analysis and Plan of Operation	22
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	23
Item 4T.	Controls and Procedures
PART II: OTHER INFORMATION
Item 1.	Legal Proceedings	24
Item 1A.	Risk Factors	24
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	24
Item 3.	Defaults upon Senior Securities	24
Item 4.	Mine Safety Information	24
Item 5.	Other Information	24
Item 6.	Exhibits	25
Signatures		26

2

PART I. FINANCIAL INFORMATION

DEFINITIONS

In this Quarterly Report on Form 10-Q, the words "Crown Equity", the "Company", the "Registrant", "we", "our", "ours" and "us" refer to Crown Equity Holdings, Inc.

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q includes certain statements that may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, all of which are based upon various estimates and assumptions that the Company believes to be reasonable as of the date hereof. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "seek," "estimate," "predict," "potential," "pursue," "target," "continue," the negative of such terms or other comparable terminology. These statements involve risks and uncertainties that could cause the Company's actual future outcomes to differ materially from those set forth in such statements. Such risks and uncertainties include, but are not limited to:

· the possibility that certain tax benefits of our net operating losses may be restricted or reduced in a change in ownership or a further change in the federal tax rate;

· the inability to carry out plans and strategies as expected

· limitations on the availability of sufficient credit or cash flow to fund our working capital needs and capital expenditures and debt service;

· difficulty in fulfilling the terms of our convertible note payables, which could result in a default and acceleration of our indebtedness under our convertible note payables;

· the possibility that we issue additional shares of common stock or convertible securities that will dilute the percentage ownership interest of existing stockholders and may dilute the book value per share of our common stock;

· the relatively low trading volume of our common stock, which could depress our stock price;

· competition in the industries in which we operate, both from third parties and former employees, which could result in the loss of one or more customers or lead to lower margins on new projects;

· a general reduction in the demand for our services;

· our ability to enter into, and the terms of, future contracts;

· uncertainties inherent in estimating future operating results, including revenues, operating income or cash flow;

· complications associated with the incorporation of new accounting, control and operating procedures;

· the recognition of tax benefits related to uncertain tax positions;

You should understand that the foregoing, as well as other risk factors discussed in this document and in Part I, of our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, could cause future outcomes to differ materially from those experienced previously or those expressed in such forward-looking statements. We undertake no obligation to publicly update or revise any information, including information concerning our controlling shareholder, net operating losses, borrowing availability or cash position, or any forward-looking statements to reflect events or circumstances that may arise after the date of this report. Forward-looking statements are provided in this Quarterly Report on Form 10-Q pursuant to the safe harbor established under the Private Securities Litigation Reform Act of 1995 and should be evaluated in the context of the estimates, assumptions, uncertainties, and risks described herein.

3

CROWN EQUITY HOLDINGS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

	June 30, 2022			December 31, 2021
Current assets
Cash	$	6,618		$	4,320
Investments in trading securities		31,778			588,945
Total Current Assets		38,396			593,265
Property and Equipment, net		5,977			10,020
Total Assets	$	44,373		$	603,285
Liabilities and Stockholders' Deficit
Current liabilities
Accounts payable and accrued expenses	$	139,663		$	139,979
Accounts payable and accrued expenses to related party		1,029,690			830,790
Margin loan – Brokerage account		-			263,151
Notes payable to related parties		15,300			3,912
Convertible notes payable to related parties, net of debt discount		16,728			18,428
Current portion of long-term debt		11,264			18,169
Total Current Liabilities		1,212,645			1,274,429
Non-Current liabilities
Long-term debt		1,708			2,414
Total Liabilities		1,214,353			1,276,843
Stockholders' deficit
Preferred Stock, 20,000,000 shares authorized, authorized at $0.001 par value, none issued or outstanding		-			-
Series A Convertible Preferred Stock, $0.001 par value, 1,000 shares authorized, 1,000 issued and outstanding at June 30, 2022 and December 31, 2021		1			1
Common Stock, 450,000,000 authorized at $0.001 par value; and 13,346,642 and 13,318,642 shares issued and outstanding at June 30, 2022 and December 31, 2021		13,346			13,318
Stock Payable		-			-
Additional paid-in capital		12,743,962			12,729,990
Accumulated deficit		(13,927,289	)		(13,416,867	)
Total stockholders' deficit		(1,169,980	)		(673,558	)
Total liabilities and stockholders' deficit	$	44,373		$	603,285

The accompanying notes are an integral part of these financial statements.

4

CROWN EQUITY HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2022			2021			2022			2021
Revenue	$	413		$	1,345		$	557		$	4,250
Revenue – related party		2,150			4,250			2,150			8,075
Total Revenue		2,563			5,595			2,707			12,325
Operating expenses
Depreciation		2,216			1,828			4,043			3,656
General and Administrative		122,547			123,523			250,464			260,759
Total Operating Expenses		124,763			125,351			254,507			264,415
Net Operating Income (Loss)		(122,200	)		(119,756	)		(251,800	)		(252,090	)
Other (expense)
Interest expense		(872	)		(2,308	)		(1,438	)		(3,250	)
Gain on Forgiveness of Debt		-			4,101			-			4,101
Debt Discount Amortization		-			(3,572	)		-			(10,924	)
Gain (Loss) on Stocks Held or Sold		(80,717	)		37,601			(252,568	)		25,548
Other Income (Expense)		(1,095	)		(1	)		(4,616	)		(752	)
Total other expense		(82,684	)		35,821			(258,622	)		14,723
Net (loss)	$	(204,884	)	$	(83,935	)	$	(510,422	)	$	(237,367	)
Net (loss) per common share – basic and diluted	$	(0.02	)	$	(0.01	)	$	(0.04	)	$	(0.02	)
Weighted average number of common shares outstanding - basic and diluted		13,343,741			12,918,229			13,333,692			12,914,206

The accompanying notes are an integral part of these financial statements 

5

CROWN EQUITY HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2022 AND 2021

(Unaudited)

For the Three Months Ended June 30, 2022

	Preferred Stock				Common Stock				Common Stock		Additional Paid-In		Accumulated			Total Stockholders'
	Shares		Amount		Shares		Amount		Payable		Capital		Deficit			(Deficit)
Balances at March 31, 2022		1,000	$	1		13,338,642	$	13,318		-	$	12,739,970	$	(13,722,405	)	$	(969,096	)
Common Stock issued for cash		-		-		8,000		8		-		3,992		-			4,000
Rounding		-		-		-		-		-		-
Net loss		-		-										(204,884	)		(204,884	)
Balances at June 30, 2022		1,000	$	1		13,346,642	$	13,346		-	$	12,743,962	$	(13,927,289	)	$	(1,169,980	)

For the Three Months Ended June 30, 2021

	Preferred Stock				Common Stock				Common Stock			Additional Paid-In		Accumulated			Total Stockholders’
	Shares		Amount		Shares		Amount		Payable			Capital		Deficit			(Deficit)
Balances at March 31, 2021		1,000	$	1		12,914,543	$	12,914	$	3,750		$	12,525,894	$	(13,119,506	)	$	(576,947	)
Common Stock Issued for services		-		-		4,099	$	4	$	(3,750	)	$	4,496	$	-		$	750
Net loss		-		-		-		-		-			-		(236,367	)		(236,367	)
Balances at June 30, 2021		1,000	$	1		12,918,642	$	12,918	$	-		$	12,530,390	$	(13,203,441	)	$	(660,132	)

For the Six Months Ended June 30, 2022

	Preferred Stock				Common Stock				Common Stock		Additional Paid-In		Accumulated			Total Stockholders'
	Shares		Amount		Shares		Amount		Payable		Capital		Deficit			(Deficit)
Balances at December 31, 2021		1,000	$	1		13,318,642	$	13,318		-	$	12,729,990	$	(13,416,867	)	$	(673,558	)
Common Stock issued for cash		-		-		28,000		28		-		13,972		-			14,000
Net loss		-		-										(510,422	)		(510,422	)
Balances at June 30, 2022		1,000	$	1		13,346,642	$	13,346		-	$	12,743,962	$	(13,927,289	)	$	(1,169,980	)

For the Six Months Ended June 30, 2021

	Preferred Stock				Common Stock				Common Stock			Additional Paid-In		Accumulated			Total Stockholders’
	Shares		Amount		Shares		Amount		Payable			Capital		Deficit			(Deficit)
Balances at December 31, 2021		1,000	$	1		12,901,753	$	12,902	$	3,000		$	12,506,375	$	(12,966,074	)	$	(443,796	)
Common Stock Issued for Common Stock Payable		-		-		1,286	$	1	$	750		$	2,249	$	-		$	3,000
Settlement of AP for Common Stock		-		-		11,504	$	11	$	-		$	17,245	$	-		$	17,256
Common Stock Issued for services		-		-		4,099	$	4	$	(3,750	)	$	4,496	$	-		$	750
Warrant Subscription		-		-		-	$	-	$	-		$	25	$	-		$	25
Net loss		-		-		-		-		-			-		(236,367	)		(237,367	)
Balances at June 30, 2021		1,000	$	1		12,918,642	$	12,918	$	-		$	12,530,390	$	(13,203,441	)	$	(660,132	)

The accompanying notes are an integral part of these financial statements.

6

CROWN EQUITY HOLDINGS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	For the Six Months Ended
	June 30,
	2022			2021
Cash flows from operating activities
Net (loss)	$	(510,422	)	$	(237,367	)
Adjustments to reconcile net loss to net cash used in operating activities:					-
Depreciation		4,043			3,656
Loss (gain) on brokerage account		252,568			(25,548	)
Loss on investment		4,616			752
Amortization of beneficial conversion feature		-			10,924
Gain on forgiveness of debt		-			(4,101	)
Changes in operating assets and liabilities
Brokerage account or margin loan		-			34,551
Deferred revenue – related party		-			(8,500	)
Accounts payable and accrued expenses – related party		198,900			192,344
Accounts payable and accrued expenses		(484	)		17,732
Net cash(used in) operating activities		(50,779	)		(15,557	)
Cash flows from investing activities
Cash (transfer to) withdrawn from brokerage account		37,000			-
Net cash provided by investing activities		37,000			-
Cash flows from financing activities
Payments on convertible notes payable, related party		(4,812	)		(6,794	)
Borrowings from convertible notes payable, related party		-			9,333
Borrowings from notes payable, related party		14,500			18,616
Proceeds from Sale of Stock		14,000			-
Principal payments on debt		(7,611	)		(9,558	)
Warrant Subscriptions		-			25
Shares subscribed for cash		-			3,750
Net cash provided by financing activities		16,077			15,372
Net increase (decrease) in cash		2,298			(185	)
Cash, beginning of period		4,320			3,047
Cash, end of period	$	6,618		$	2,862
SUPPLEMENTAL DISCLOSURE:
Interest paid	$	-		$	6,707
Income taxes paid		-			-
NONCASH INVESTING AND FINANCING ACTIVITIES:
RP-AP Converted into common stock	$	-			17,256
Shares issued for stock payable	$	-		$	6,750
Repayments on Margin loan Brokerage account	$	263,151		$	-

The accompanying notes are an integral part of these financial statements.

7

CROWN EQUITY HOLDINGS, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

Nature of Business

Crown Equity Holdings Inc. ("Crown Equity" or the "Company") was incorporated in August 1995 in Nevada. The Company offers through its digital network of websites, advertising branding, marketing solutions and other services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. The Company focuses on the distribution of information for the purpose of bringing together its audience with the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. Crown Equity Holdings' objective is making its endeavor known as CRWE WORLD into a online news and information source, as well as a one stop shop for various distinct products and services. The Company also offers services to companies seeking to become public entities in the United States, as well as providing various consulting services to companies and individuals dealing with corporate structure and operations globally.

On January 27, 2020, the Company re-acquired from American Video Teleconferencing Corp. (AVOT) the online business iB2BGlobal.com, since it had not received the shares promised during the original sale.

Basis of Preparation

The accompanying financial statements include the financial information of Crown Equity Holdings Inc. ("Crown Equity", the "Company") have been prepared in accordance with the instructions to financial reporting as prescribed by the Securities and Exchange Commission (the "SEC"). The preparation of these financial statements and accompanying notes in conformity with U.S. generally accepted accounting principles ("GAAP"). In the opinion of management, the financial statements contained in this report include all known accruals and adjustments necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods reported herein.

Reclassifications

Certain prior period amounts have been reclassified to conform to current period presentation.

Adoption of New Accounting Standard

In February 2016, the FASB issued ASU 2016-02 "Leases", which is codified in ASC 842 "Leases" and supersedes current lease guidance in ASC 840. These provisions require lessees to put a right-of-use asset and lease liability on their balance sheet for operating and financing leases that have a term of more than one year. Expense will be recognized in the income statement similar to current accounting guidance. For lessors, the ASU modifies the classification criteria and the accounting for sales-type and direct financing leases. Entities will need to disclose qualitative and quantitative information about their leases, including characteristics and amounts recognized in the financial statements. These provisions are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. We adopted the provisions on January 1, 2019, including interim periods subsequent to the date of adoption. Entities are required to use a modified retrospective approach upon adoption to recognize and measure leases at the beginning of the earliest comparative period presented in the financial statements. Since all the leases were finance leases, there was no effect on the financial statements when ASC 842 was adopted.

In June 2018, the FASB issued ASU No. 2018-07, Compensation—Stock Compensation, to simplify the accounting for share-based payments to nonemployees by aligning it with the accounting for share-based payments for employees, with certain exceptions. Under the new guidance, the cost for nonemployee awards may be lower and less volatile than under current US GAAP because the measurement generally will occur earlier and will be fixed at the grant date. This update is effective for annual financial reporting periods, and interim periods within those annual periods, beginning after December 15, 2018, although early adoption is permitted. The Company adopted the standard effective January 1, 2019 and found the adoption did not have a material effect on our financial statements.

8

Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

Accounting Standards not yet Adopted

In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13), which requires measurement and recognition of expected credit losses for financial assets held. ASU 2016-13 is effective for us in our first quarter of fiscal 2023, and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-13 on our financial statements.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities, disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are primarily used in our revenue recognition, long-lived asset impairments and adjustments, deferred tax, stock-based compensation, and reserves for legal matters.

Cash and Cash Equivalents

Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash and cash equivalents.

Stock-Based Compensation

The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances.

Revenue Recognition

The core principles of revenue recognition under ASC 606 include the following five criteria:

1.	Identify the contract with the customer
	Contract with our customers may be oral, written, or implied. A written and signed invoice stating the terms and conditions is the Company' preferred method. The terms of a written contract may be contained within the body of an invoice or in an email. No work is commenced without an understanding between the Company and our client that a valid contract exists.

2.

Identify the performance obligations in the contract

Our sales and account management teams define the scope of services to be offered, to ensure all parties are in agreement and obligations are being delivered to the customer as promised. The performance obligation may not be fully identified in a mutually signed contract, but may be outlined in email correspondence, face-to-face meetings, additional proposals or scopes of work, or phone conversations.

3.	Determine the transaction price
	Pricing is discussed and identified by the operations team prior to submitting an invoice to the customer.

4.	Allocate the transaction price to the performance obligations in the contract
	If a contract involves multiple obligations, the transaction pricing is allocated accordingly, during the performance obligation phase.

9

5.

Recognize revenue when (or as) we satisfy a performance obligation

The Company uses digital marketing that includes digital advertising, SEO management and digital ad support. We provide whether presenting a vibrant but simple message about our clients that will enlighten their audience or deploying an influential digital marketing campaign on our online site or across one or multiple social media platforms. Revenue is recognized when ads are run on Company's advertising platform. The company generates analytical reports monthly or as required to show how the ad dollars were spent and how the targeting resulted in click-through. The report satisfies the performance obligation, regardless of the outcome or effectiveness of the campaign.

Sales are recognized when promised services are started in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Sales for service contracts generally are recognized as the services are being provided.

	Six Months Ended June 30, 2022						Six Months Ended June 30, 2021
	Third Party		Related Party		Total		Third Party		Related Party		Total
Advertising	$	-	$	-	$	-	$	-	$	7,650	$	7,650
Accounting				2,000		2,000
Click Based and Impressions Ads		247		-		247		115		-		115
Publishing and Distribution		310		150		460		4,560		-		4,560
Server		-		-		-		-		-		-
	$	557	$	2,150	$	2,707	$	4,675	$	7,650	$	12,325

Revenues was received through provided accounting services, click based and impression ads located on the Company’s websites, as well as from publishing and disseminating press releases.

	June 30,		June 30,
	2022		2021
Deferred Revenue	$	-	$	2,833

Deferred revenue is based on cash received or billings in excess of revenue recognized until revenue recognition criteria are met. Client prepayments are deferred and recognized over future periods as services are delivered or performed.

Accounts Receivable and Allowance for Doubtful Accounts

The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There were no accounts receivable and allowance for doubtful accounts as of June 30, 2022 and December 31, 2021.

Risk Concentrations

The Company does not hold cash in excess of federally insured limits.

During the six-month period ending June 30, 2022, 74% of the Company's revenues were from accounting services, of which 100% of the accounting revenue earned were through a related party of the Company, with 17% of the Company's revenues being received through the publishing and distribution of press releases, of which 6% of the publishing and distribution revenue received were also received through a Company related party, and the remaining 9% of the revenue earned was received from the display of click-based and impressions ads on the company's online site. 

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General and Administrative Expenses

Crown Equity's general and administrative expenses consisted of the following types of expenses during 2022 and 2021: Compensation expense, auto, travel and entertainment, legal and accounting, utilities, websites, office expenses, depreciation and other administrative related expenses.

Property and Equipment

Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets.

Impairment of Long-Lived Assets

The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is determined based on either expected future cash flows at a rate we believe incorporates the time value of money. No indications of impairments were identified in 2022 or 2021.

Basic and Diluted Net (Loss) per Share

	Six Months June 30, 2022			Six Months June 30, 2021
Numerator:
Net (Loss) attributable to common shareholders of Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Net (Loss) attributable to Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Denominator:
Weighted average common and common equivalent shares outstanding – basic and diluted		13,333,692			12,914,206
Earnings (Loss) per Share attributable to Crown Equity Holdings, Inc.:
Basic	$	(0.04	)	$	(0.02	)
Diluted	$	(0.04	)	$	(0.02	)

When an entity has a net loss, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized basic shares outstanding to calculate both basic and diluted loss per share for the periods ended June 30, 2022, and 2021. The number of potential anti-dilutive shares excluded from the calculation shares for the period ended June 30, 2022, is 21,401,000.

Income Taxes

In December 2017, the Tax Cuts and Jobs Act (the "Act") was enacted, which, among other changes, reduced the federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018. As a result of this change, the Company's statutory tax rate for fiscal 2019 and 2020 will be 21%. Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. As of June 30, 2021, and December 31, 2020, the Company has not reflected any amounts as a deferred tax asset due to the uncertainty of future profits to offset any net operating loss.

11

The Company's deferred tax assets consisted of the following as of June 30, 2021 and December 31, 2020:

	June 30, 2022			Dec 31, 2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset		-			-

Uncertain tax position

The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of June 30, 2022 and December 31, 2021.

Fair Value of Financial Instruments

The Company's financial instruments consist of cash and cash equivalents, accounts payable and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Research and Development

The Company spent no money for research and development cost for the periods ended June 30, 2022 and December 31, 2021.

Advertising Cost

The Company spent $0 for advertisement for the periods ended June 30, 2022 and 2021.

NOTE 2 – GOING CONCERN

As shown in the accompanying condensed consolidated financial statements, Crown Equity has an accumulated deficit of $13,927,290 since its inception and had a working capital deficit of $1,174,250, negative cash flows from operations and limited business operations as of June 30, 2022. These conditions raise substantial doubt as to Crown Equity's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

Crown Equity continues to review its expense structure reviewing costs and their reduction to move towards profitability. Management plans to continue raising funds through debt and equity financing to grow the business to profitability. This financing may be insufficient to fund expenditures or other cash requirements. There can be no assurance that additional financing will be available to the Company on acceptable terms or at all. These financial statements do not give effect to adjustments to assets would be necessary for the Company be unable to continue as going concern.

NOTE 3 – PROPERTY AND EQUIPMENT

The Company's policy is to capitalize all property purchases over $1,000 and depreciates the assets over their useful lives of 3 to 7 years.

Property consists of the following on June 30, 2022 and December 31, 2021:

	June 30, 2022			Dec 31, 2021
Computers – 3 year estimated useful life	$	108,622			108,622
Less – Accumulated Depreciation		(102,645	)		(998,602	)
Property and Equipment, net	$	5,977			10,020

Depreciation has been provided over each asset's estimated useful life. Depreciation expense was $4,043, and $3,656 for the six months ended June 30, 2022 and 2021 respectively.

12

NOTE 4 – BROKERAGE ACCOUNT

As of June 30, 2022, the market value of the Company's account portfolio was $30,646. During the period ending June 30, 2022, $37,000 was transferred from the brokerage account to operating account. The opening value of the account was $325,794, resulting in losses in portfolio investment as follows:

Net loss on investment in securities account for the six months ended June 30, 2022	$	252,568
Less – Net gain and losses recognized during 2022 on equity securities sold during the period	$	252,568
Unrealized losses recognized during 2022 on equities securities still held at June 30, 2022	$	-

NOTE 5 – FINANCE LEASES

During 2019 and 2020, the Company borrowed an aggregate $9,985 and $7,357 under the following third-party and related party finance lease transactions:

• A $9,985 note from a third party for the lease of fixed assets, bearing interest at 22%, amortized over 24 months with a payment of $498 in additional to a $22 management fee for a total monthly payment of $520. The lease has a bargain purchase option of $1 at the end of the lease term.

The following is a schedule of the net book value of the finance lease.

Assets	June 30, 2022
Leased equipment under finance lease,	$	108,622
less accumulated amortization		(102,645	)
Net	$	5,977

Liabilities	June 30, 2022
Obligations under finance lease (current)	$	11,264
Obligations under finance lease (noncurrent)		1,708
Total	$	12,972

Below is a reconciliation of leases to the financial statements.

	Finance Leases
Leased asset balance	$	5,977
Liability balance		12,972
Cash flow (operating)		-
Cash flow (financing)		-
Interest expense	$	1,615

The following is a schedule, by years, of future minimum lease payments required under finance leases.

Years ended December 31	Finance Leases
2022		9,866
2023		2,868
Thereafter		-
Total		12,734
Less: Imputed Interest		(599
Total Liability		12,135

13

Other information related to leases is as follows:

Lease Type	Weighted Average Remaining Term	Weighted Average Discount Rate (1)
Finance Leases	0.76 years		16	%

Based on average interest rate of 16%, average term remaining (months) 13.67 Average term remain (years) 1.13.

(1) This discount rate is consistent with our borrowing rates from various lenders.

NOTE 6 – NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

As of June 30, 2022, and December 31, 2021, the Company had unamortized discount of $0 and $0, respectively.

The Company analyzed the below convertible notes for derivatives noting none.

	Original	Due	Interest			Conversion		Jun 30,
Name	Note Date	Date	Rate			Rate		2022
Related Party Notes Payable:
Jamie Hadfield	04/07/2022	07/07/2022		12	%	$	-		10,000
Willy A Saint-Hilaire	03/12/2021	03/12/2022		16	%	$	-		800
Willy A. Saint-Hilaire	02/28/2022	07/28/2022		12	%	$	-		4,500
Third Party Convertible Notes Payable:
Willy A Saint-Hilaire	04/06/2021	04/06/2022		12	%	$	-		2,500
Willy A Saint-Hilaire	04/16/2021	04/16/2022		12	%	$	-		1,518
Willy A Saint-Hilaire	04/21/2021	04/21/2022		12	%	$	-		1,110
Shahram Khial	04/22/2021	04/22/2022		12	%	$	-		3,500
Willy A Saint-Hilaire	04/30/2021	04/30/2022		15.15	%	$	-		2,750
Willy A Saint-Hilaire	05/04/2021	05/04/2022		15.15	%	$	-		750
Willy A Saint-Hilaire	05/21/2021	05/21/2022		0	%	$	-		4,600
Total Convertible Related Party Notes Payable									16,728
Less: Debt Discount									0
Convertible Notes Payable, net of Discount - Related Party									16,728

Willy Ariel Saint-Hilaire

On March 12, 2021, the Company entered into a promissory note with Willy A Saint-Hilaire in the amount of $9,332 at 16% interest. The company made principal reduction payments of $5,421, during the year ended period of December 31, 2021. As of March 31, 2022, the balance on this note is $2,012. With the additional payments totaling $1,212, during the second quarter period ending June 30, 2022, the balance on the note is $800

On April 6, 2021, the Company entered into a promissory note with Willy A Saint-Hilaire in the amount of $2,500 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $2,500.

On April 16, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $1,518 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $1,518.

On April 21, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $1,109.83 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $1,110.

14

On April 22, 2021, the Company entered into a convertible promissory note with Shahram Khial in the amount of $3,500 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $3,500.

On April 30, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $2,750.00 at an interest rate of 15.15%. As of June 30, 2022, the principal balance on this note was $2,750.

On May 4, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $750 at an interest rate of 15.15%. As of June 30, 2022, the principal balance on this note was $750.

On May 21, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $7,280. As of March 31, 2022, the principal balance on this note was $4,900. With the additional payments totaling $300, during the second quarterly period ending June 30, 2022, the balance on the note is $4,600.

On February 28, 2022, the Company entered into a promissory note with Willy A Saint-Hilaire in the amount of $4,500 at an interest rate of 0 %. As of June 30, 2022, the principal balance on this note was $4,500.

Shahram Khial

On April 27, 2020, the Company entered into a convertible promissory note with Shahram Khial in the amount of $3,500. The note carries interest at 12% per annum. The holder has the right to convert principal of the note and accrued interest into Common shares. As of June 30, 2022, the balance on this note was $3,500.

Jamie Hadfield

On April 7, 2022, the Company entered into a promissory note with Jamie Hadfield in the amount of $10,000 at an interest rate of 12% . As of June 30, 2022, the principal balance on this note was $10,000.

NOTE 7 – COMMITMENTS AND CONTINGENCIES

The Company is obligated for payments under related party notes payable and automobile lease payments.

The Company agreed to pay the automobile leases of $395 and $278 a month, on a month-to-month basis and can be cancelled at any time but expects to continue lease payments for the full 2022 year.

The Company entered into an agreement, effective January 1, 2020, to pay Arnulfo Saucedo-Bardan $5,000 per month for website development, design maintenance and other IT services and solutions.

On February 13, 2020, Munti Consulting LLC was issued a warrant at a price of $0.000025 per share ($25 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share. Exercisable after the first (1st) anniversary of the date of filing of the first Form S-1 filed with the U.S. Securities and Exchange Commission after the issuance of this Warrant.

On March 13, 2020, BBCKQK Trust Kevin Wiltz was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On March 13, 2020, Willy Ariel Saint--Hilaire was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On April 1, 2020, Addicted 2 Marketing LLC was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On April 28, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 4, 2020, Arnulfo Saucedo- Bardan was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 7, 2020, Arnold F. Sock was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

15

On May 7, 2020 Rudy Chacon was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 7, 2020, Sadegh Salmassi was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020, Glen J. Rineer was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Barry Cohen was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020, Malcolm Ziman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brett Matus was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brian D Colvin was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Jacob Colvin was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 11, 2020, Mohammad Sadrolashrafi was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 13, 2020 Steven A. Fishman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 13, 2020 Wendell and Sharon Piper was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Joan R. Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Marvin A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 20, 2020 Willy Rafael Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 27, 2020 James Bobrik was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 28, 2020 Richard R Shehane was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 29, 2020 Ybelka Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 3, 2020, Jeffery Connell was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On June 8, 2020 Hassan M. Oji was issued a warrant at a price of $0.000025 per share ($7.50 total) to purchase 300,000 shares of common stock at the exercise price of $0.60 per share.

16

On June 9, 2020, Kim Smith was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On June 12, 2020 Violet Gewerter was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On June 16, 2020, Roy S Worbets was issued a warrant at a price of $0.000025 per share ($5.00) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 19, 2020, Elvis E. Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 30, 2020, Chris Knudsen was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 1, 2020, Theresa Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 1, 2020, Donald Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 10, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On August 13, 2020, Monireh Sepahpour was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On August 18, 2020, Monica Shayestehpour was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On September 2, 2020, Hongsing Phou was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On September 8, 2020, Pejham Khial was issued a warrant at a price of $0.000025 per share $12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On September 15, 2020, Salvatore Marasa was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On September 21, 2020, Richard W LeAndro was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On September 21, 2020, Richard W LeAndro Jr was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000shares of common stock at the exercise price of $0.60 per share.

On September 25, 2020, Seyed M Javad was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On October 6, 2020, Nasrin Montazer was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On October 13, 2020, Jagjit Dhaliwal was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On January 3, 2021, Marjan Tina Suwarno & Reno Suwarno were issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

Summary of Warrants Issued:

17

Summary of Warrants Issued:

Issue Date	Issued To	Shares		Exercise price per share		Warrant price per share		Total Paid for Warrants
02/13/2020	Munti Consulting LLC		1,000,000	$	0.60	$	0.000025	$	25.00
03/13/2020	BBCKQK Trust Kevin Wiltz		1,000,000	$	0.60	$	0.000025	$	25.00
04/01/2020	Addicted 2 Marketing LLC		100,000	$	0.60	$	0.000025	$	2.50
05/07/2020	Arnold F Sock		500,000	$	0.60	$	0.000025	$	12.50
05/07/2020	Rudy Chacon		200,000	$	0.60	$	0.000025	$	5.00
05/07/2020	Sadegh Salmassi		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Glen J Rineer		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Barry Cohen		200,000	$	0.60	$	0.000025	$	5.00
05/13/2020	Steven A Fishman		200,000	$	0.60	$	0.000025	$	5.00
05/13/2020	Wendell & Sharon Piper		200,000	$	0.60	$	0.000025	$	5.00
05/27/2020	James Bobrik		200,000	$	0.60	$	0.000025	$	5.00
05/28/2020	Richard R Shehane		200,000	$	0.60	$	0.000025	$	5.00
06/03/2020	Jeffery Connell		100,000	$	0.60	$	0.000025	$	2.50
06/08/2020	Hassan M Oji		300,000	$	0.60	$	0.000025	$	7.50
06/09/2020	Kim Smith		500,000	$	0.60	$	0.000025	$	12.50
06/12/2020	Violet Gewerter		500,000	$	0.60	$	0.000025	$	12.50
06/16/2020	Roy S Worbets		200,000	$	0.60	$	0.000025	$	5.00
06/30/2020	Chris Knudsen		200,000	$	0.60	$	0.000025	$	5.00
07/01/2020	Donald Kitt		200,000	$	0.60	$	0.000025	$	5.00
08/13/2020	Monireh Sepahpour		500,000	$	0.60	$	0.000025	$	12.50
08/18/2020	Monica Shayestehpour		1,000,000	$	0.60	$	0.000025	$	25.00
09/02/2020	Hongsing Phou		200,000	$	0.60	$	0.000025	$	5.00
09/08/2020	Pejham Khial		500,000	$	0.60	$	0.000025	$	12.50
09/15/2020	Salvatore Marasa		200,000	$	0.60	$	0.000025	$	5.00
09/21/2020	Richard W LeAndro		500,000	$	0.60	$	0.000025	$	12.50
09/21/2020	Richard W LeAndro Jr		500,000	$	0.60	$	0.000025	$	12.50
09/25/2020	Seyed M Javad		200,000	$	0.60	$	0.000025	$	5.00
10/06/2020	Nasrin Montazer		500,000	$	0.60	$	0.000025	$	12.50
10/13/2020	Jagit Dhaliwal		1,000,000	$	0.60	$	0.000025	$	25.00
01/03/2021	Marjan Tina Suwarno & Reno Suwarno		1,000,000	$	0.60	$	0.000025	$	25.00
	Total:		12,300,000					$	307.50
Related Party:
03/13/2020	Willy A Saint-Hilaire		1,000,000	$	0.60	$	0.000025	$	25.00
04/28/2020	Shahram Khial		500,000	$	0.60	$	0.000025	$	12.50
05/01/2020	Mike Zaman		1,000,000	$	0.60	$	0.000025	$	25.00
05/01/2020	Montse Zaman		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Malcolm Ziman		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Brett Matus		200,000	$	0.60	$	0.000025	$	5.00
05/11/2020	Mohammad Sadrolashrafi		500,000	$	0.60	$	0.000025	$	12.50
05/04/2020	Arnulfo Saucedo-Bardan		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Brian D Colvin		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Jacob Colvin		200,000	$	0.60	$	0.000025	$	5.00
05/19/2020	Joan R Saint-Hilaire		100,000	$	0.60	$	0.000025	$	2.50
05/19/2020	Marvin A Saint-Hilaire		100,000	$	0.60	$	0.000025	$	2.50
05/20/2020	Willy Rafael Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
05/29/2020	Ybelka Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
06/09/2020	Kenneth Cornell Bosket		1,000,000	$	0.60	$	0.000025	$	25.00
06/19/2020	Elvis E Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
07/01/2020	Theresa Kitt		200,000	$	0.60	$	0.000025	$	5.00
07/10/2020	Shahram Khial		500,000	$	0.60	$	0.000025	$	12.50
	Total Related Party:		9,100,000					$	227.50

18

NOTE 8 – RELATED PARTY TRANSACTIONS

The Company is provided office space by one of the officers and directors at no charge. The Company believes that this office space is sufficient for its needs for the foreseeable future.

On March 1, 2020, Willy A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On April 28, 2020, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 1, 2020, Mike Zaman was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 1, 2020, Montse Zaman was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 4, 2020 Arnulfo Saucedo-Bardan was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020, Malcolm Ziman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brian D Colvin was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Jacob Colvin was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brett Matus was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 11, 2020, Mohammad Sadrolashrafi was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Joan R Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Marvin A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 20, 2020 Willy Rafael Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 29, 2020 Ybelka Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 9, 2020 Kenneth Cornell Bosket was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On July 1, 2020 Theresa Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 10, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

19

The Company is periodically advanced operating funds from related parties with convertible notes payable. During the six months ended June 30, 2022, total convertible notes and not convertible notes from related parties was $16,028 and $15,300, respectively. The Company is also periodically advanced funds to cover account payables by direct payment of the account payables from related parties

The Company entered into an agreement, effective January 1, 2020, to pay Mike Zaman $20,000 per month for managerial services.

The Company entered into an agreement, effective January 1, 2020, to pay Kenneth Bosket $5,000 per month for administrative services.

The Company entered into an agreement, effective January 1, 2020, to pay Montse Zaman $5,000 per month for administrative services.

As of June 30, 2022, the Company has a balance of $1,029,690 of accounts and accrued expenses payable with related parties.

NOTE 9 – STOCK HOLDERS' DEFICIT

Common Stock

During the six months ending June 30, 2022, the Company issued the following:

· On March 9, 2022, the Company issued 20,000 restricted shares of common stock for a total of $10,000 in cash. The shares were sold at the price of $0.50 per share on the purchase date.

· On May 3, 2022, the Company issued 8,000 restricted shares of common stock for a total of $4,000 in cash. The shares were sold at the price of $0.50 per share on the purchase date.

On February 13, 2020, the Company granted non-qualified stock options to purchase up to 1,000,000 shares of common stock at an exercise price of $0.60 per share. The option to purchase can be exercised at or after the date of the Company's S1 registration filing of which date is yet to be determined.

On March 13, 2020, the Company granted non-qualified stock options to purchase up to 2,000,000 shares of common stock at an exercise price of $0.60 per share. The option to purchase can be exercised at or after the date of the Company's S1 registration filing of which date is yet to be determined.

Equity Incentive Plan

The Company's 2006 Equity Incentive Plan, as amended and restated (the "Equity Incentive Plan"), provides for grants of stock options as well as grants of stock, including restricted stock. Approximately 3.0 million shares of common stock are authorized for issuance under the Equity Incentive Plan, of which 3.0 million shares were available for issuance as of June 30, 2022

Preferred Stock

The Company has designated 1,000 shares of its preferred stock as Series A Preferred Stock. Each share of Series A Preferred shall have no dividend, voting or other rights except for the right to elect Class I Directors. As of June 30, 2022, the Company has 1,000 shares of Series A Preferred Stock outstanding.

20

NOTE 10 – INCOME TAXES

The Company follows ASC 740, Accounting for Income Taxes. During 2009, there was a change in control of the Company. Under section 382 of the Internal Revenue Code such a change in control negates much of the tax loss carry forward and deferred income tax. Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry forwards. For federal income tax purposes, the Company uses the accrual basis of accounting, the same that is used for financial reporting purposes.

The Company did not have taxable income during 2021.

The Company's deferred tax assets consisted of the following as of June 30, 2022, and December 31, 2021:

	2022			2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset	$	-		$	-

As of June 30, 2022, and December 31, 2021, the Company's accumulated net operating loss carry forward was approximately $4,097,367 and $3,586,945, respectively and will begin to expire in the year 2032. The deferred tax assets have been adjusted to reflect the recently enacted corporate tax rate of 21%.

NOTE 11 – SUBSEQUENT EVENTS

The are no subsequent events

21

ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS

The following discussion and analysis should be read in conjunction with our Financial Statements and the notes thereto, set forth in Item 8. "Financial Statements" as set forth in our Annual Report on Form 10-K for the year ended December 31, 2021, and the Condensed Consolidated Financial Statements and notes thereto included in Part I of this Quarterly Report on Form 10-Q. The following discussion may contain forward looking statements. For additional information, see "Disclosure Regarding Forward Looking Statements" in Part I of this Quarterly Report on Form 10-Q.

OVERVIEW

Crown Equity Holdings Inc. ("Crown Equity") was incorporated in August 1995 in Nevada. The Company is offering its services to companies seeking to become public entities in the United States. It has launched a website, www.crownequityholdings.com, which offers its services in a wide range of fields. The Company provides various consulting services to companies and individuals dealing with corporate structure and operations globally. The Company also provides public relations and news dissemination for publicly and privately held companies.

In December 2010, the Company formed two wholly owned subsidiaries Crown Tele Services, Inc. and CRWE Direct, Inc. Crown Tele Services, Inc. was formed to provide voice over internet ("VoIP") services to clients at a competitive price and Crown Direct, Inc. was formed to provide direct sales to customers. Both entities had minimum sales during the quarter.

In March 2011, the Company formed a wholly owned subsidiary CRWE Real Estate, Inc. as a subsidiary to engage in potential real estate holdings. The entity had minimal activity during the quarter.

The Company has focused its primary vision to using its network of websites to provide advertising and marketing services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information. The Company offers Internet media-driven advertising services, which cover and connect a wide range of marketing specialties, as well as search engine optimization for clients interested in online media awareness. As part of its operations, the Company has utilized the services of software and hardware technicians in developing its websites and adding additional websites. This allows the Company to disseminate news and press releases for its customers as well as general news and financial information on a much bigger scale than it did previously. The Company markets its services to companies seeking market awareness of them and the services or goods that they offer. The Company then publishes information concerning these companies on its many websites

Crown Equity's office is located at 11226 Pentland Downs Street, Las Vegas, NV 89141.

As of June 30, 2022, Crown Equity has 4 employees and utilized the services of one independent contractor and the following four officers, Mike Zaman, Kenneth Bosket, Montse Zaman and Vinoth Sambandam.

RESULTS OF OPERATIONS

Three months ended June 30, 2022, Compared to the Three months ended June 30, 2021

For the three months ended June 30, 2022, revenues were $2,563 and $5,595 for the same period in 2021.

Revenues for the three months ended June 30, 2022 was lower compared to the same period in 2021 primarily due to less advertising income earned from related parties, as well as less publishing and distributing income earned.

Operating expenses were $124,763 for the three months ended June 30,2022 and $125,351 for the same period in 2021.

Other income (expenses) for the three-month period ended June 30, 2022 were $82,685 and $35,821 for the same quarter in 2021. The increase in other expenses was primarily due to an increase in Gain (loss) on Stocks Held or Sold of $80,717.

Interest expense for the three months ended June 30, 2022 and 2021 was $872 and $2,308, respectively.

Six months ended June 30, 2022, Compared to the Six months ended June 30, 2021

For the six months ended June 30, 2022, revenues were $2,707 and $12,325 for the same period in 2021.

Revenues for the six months ended June 30, 2022 was significantly lower compared to the same period in 2021 primarily due to loss of advertising income from related party earned, as well as for drop in publishing and distributing.

22

Operating expenses were $254,507 for the six months ended June 30,2022 and $264,415 for the same period in 2021.

Other income(expenses) for the six-month period ended June 30, 2022 were ($258,622) and $14,723 for the same period in 2021. The increase in other expenses was primarily due to an increase in Gain (loss) on Stocks Held or Sold.

Interest expense for the three months ended June 30, 2022 and 2021 was $1,438 and $3,250, respectively.

LIQUIDITY AND CAPITAL RESOURCES

As of June 30, 2022, Crown Equity had current assets of $438,396and current liabilities of $1,212,645 resulting in working capital deficit of $1,174,249. Net cash  used by operating activities for the six months ended June 30, 2022, was $50,779compared to net cash used of $15,557 for the same period in 2021.

Net cash provided by investing activities was $37,000 and $0 for the six months ended June 30, 2022, and 2021, respectively.

Net cash provided by financing activities during the six months ended June 30, 2022, was $16,077 compared to net cash provided of $15,372 for the same period in 2021. For the six months ended June 30, 2022, we borrowed $14,500 from related parties compared to $18,616 for the same period in 2021.

Our existing capital may not be sufficient to meet Crown Equity's cash needs, including the costs of compliance with the continuing reporting requirements of the Securities Exchange Act of 1934, as amended. This condition raises substantial doubt as to Crown Equity's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

ITEM 3: QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a "smaller reporting company" as defined by Item 12b-2 of the securities exchange act of 1934 (the "exchange act") and are not required to provide information required under this Item.

ITEM 4: CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures

Based on their evaluation of our disclosure controls and procedures(as defined in Rule 13a-15e under the Securities Exchange Act of 1934 the "Exchange Act"), our principal executive officer and principal financial officer have concluded that as of the end of the period covered by this quarterly report on Form 10-Q such disclosure controls and procedures were not effective to ensure that information required to be disclosed by us in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in Securities and Exchange Commission rules and forms because of the identification of material weaknesses in our internal control over financial reporting which we view as an integral part of our disclosure controls and procedures. The material weaknesses relate to the lack of segregation of duties in financial reporting, as our financial reporting and all accounting functions are performed by an external consultant with no oversight by a professional with accounting expertise. Our CEO and CFO also do not possess accounting expertise and our company does not have an audit committee. These material weaknesses are due to the company's lack of working capital to hire additional staff. To remedy this material weakness, we intend to engage another accountant to assist with financial reporting as soon as our finances will allow.

Changes in Internal Control over Financial Reporting

There have been no changes in our internal control over financial reporting identified in connection with the evaluation required by paragraph (d) of Exchange Act Rules 13a-15 or 15d-15 that occurred during our first quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

23

PART II – OTHER INFORMATION

ITEM 1: LEGAL PROCEEDINGS.

For information regarding legal proceedings, see Note 7, "Commitments and Contingencies – Legal Matters" in the Notes to our Condensed Consolidated Financial Statements set forth in Part I, Item 1 of this Quarterly Report on Form 10-Q, which is incorporated herein by reference.

ITEM 1A: RISK FACTORS.

There have been no material changes to Crown Equity's risk factors as previously disclosed in our most recent 10-K filing for the year ended December 31, 2021.

ITEM 2: SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

During the six months ended June 30, 2022, Crown Equity issued 28,000 shares for cash at $0.50 per share of common stock for operating capital

ITEM 3: DEFAULTS UPON SENIOR SECURITIES.

None

ITEM 4: MINE SAFETY INFORMATION.

None

ITEM 5: OTHER INFORMATION.

None

24

ITEM 6: EXHIBITS

EXHIBIT 31.1	Certification of Principal Executive Officer
EXHIBIT 31.2	Certification of Principal Financial Officer
EXHIBIT 32.1	Certification of Compliance to Sarbanes-Oxley
EXHIBIT 32.2	Certification of Compliance to Sarbanes-Oxley
101.INS **	Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).
101.SCH **	Inline XBRL Taxonomy Extension Schema Document
101.CAL **	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF **	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB **	Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE **	Inline XBRL Taxonomy Extension Presentation Linkbase Document
104 **	Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

____________

** XBRL (Extensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

25

SIGNATURES

In accordance with the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CROWN EQUITY HOLDINGS INC.
Date: August 15, 2022	By:	/s/ Mike Zaman
		Mike Zaman, CEO
	By:	/s/ Kenneth Bosket
		Kenneth Bosket, CFO

26

EX-31.1

EXHIBIT 31.1

FORM OF CERTIFICATION

PURSUANT TO RULE 13a-14 AND 15d-14

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

CERTIFICATION

I, Mike Zaman, certify that:

1.	I have reviewed this June 30, 2022 quarterly report on Form 10-Q of Crown Equity Holdings Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15 (e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 15, 2022	By:	/s/ Mike Zaman
		Mike Zaman
		Chief Executive Officer

EX-31.2

EXHIBIT 31.2

FORM OF CERTIFICATION

PURSUANT TO RULE 13a-14 AND 15d-14

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

CERTIFICATION

I, Kenneth Bosket, certify that:

1.	I have reviewed this June 30, 2022 quarterly report on Form 10-Q of Crown Equity Holdings Inc.;
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15 (e) and 15d-15(e) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: August 15, 2022	By:	/s/ Kenneth Bosket
		Kenneth Bosket
		Chief Financial Officer

EX-32.1

EXHIBIT 32.1

CERTIFICATIONS PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

In connection with the Quarterly Report of Crown Equity Holdings Inc. on Form 10-Q for the quarterly period ended June 30, 2022, as filed with the Securities and Exchange Commission (the "Report") Mike Zaman, Chief Executive Officer of the Company, does hereby certify, pursuant to §906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. §1350), that to his knowledge:

1.	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

Date: August 15, 2022	By:	/s/ Mike Zaman
		Mike Zaman
		Chief Executive Officer

This certification accompanies the Report pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

EX-32.2

EXHIBIT 32.2

CERTIFICATIONS PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

(18 U.S.C. SECTION 1350)

In connection with the Quarterly Report of Crown Equity Holdings Inc. on Form 10-Q for the quarterly period ended June 30, 2022, as filed with the Securities and Exchange Commission (the "Report), Kenneth Bosket, Chief Financial Officer of the Company, does hereby certify, pursuant to § 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. §1350), that to his knowledge:

1.	The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operation of the Company.

Date: August 15, 2022	By:	/s/ Kenneth Bosket
		Kenneth Bosket
		Chief Financial Officer

This certification accompanies the Report pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

XML

Cover - shares	6 Months Ended
	Jun. 30, 2022	Aug. 15, 2022
Cover [Abstract]
Entity Registrant Name	CROWN EQUITY HOLDINGS INC.
Entity Central Index Key	0001103833
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2022
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Entity Common Stock Shares Outstanding		13,346,642
Document Quarterly Report	true
Entity File Number	000-29935
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	33-0677140
Entity Interactive Data Current	Yes
Entity Address Address Line 1	11226 Pentland Downs Street
Entity Address City Or Town	Las Vegas
Entity Address State Or Province	NV
Entity Address Postal Zip Code	89141
City Area Code	702
Local Phone Number	683-8946
Document Transition Report	false

XML

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash	$ 6,618	$ 4,320
Investments in trading securities	31,778	588,945
Total Current Assets	38,396	593,265
Property and Equipment, net	5,977	10,020
Total Assets	44,373	603,285
Current liabilities
Accounts payable and accrued expenses	139,663	139,979
Accounts payable and accrued expenses to related party	1,029,690	830,790
Margin loan - Brokerage account	0	263,151
Notes payable to related parties	15,300	3,912
Convertible notes payable to related parties, net of debt discount	16,728	18,428
Current portion of long-term debt	11,264	18,169
Total Current Liabilities	1,212,645	1,274,429
Non-Current liabilities
Long-term debt	1,708	2,414
Total Liabilities	1,214,353	1,276,843
Stockholders' deficit
Preferred Stock, 20,000,000 shares authorized, authorized at $.001 par value, none issued or outstanding	0	0
Common Stock, 450,000,000 authorized at $0.001 par value; and 13,346,642 and 13,318,642 shares issued and outstanding at June 30, 2022 and December 31, 2021	13,346	13,318
Stock Payable	0	0
Additional paid-in capital	12,743,962	12,729,990
Accumulated deficit	(13,927,289)	(13,416,867)
Total stockholders' deficit	(1,169,980)	(673,558)
Total liabilities and stockholders' deficit	44,373	603,285
Series A Preferred Stock [Member]
Stockholders' deficit
Preferred Stock, 20,000,000 shares authorized, authorized at $.001 par value, none issued or outstanding	$ 1	$ 1

XML

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Stockholders' Deficit
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Par Value	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Shares Authorized	450,000,000	450,000,000
Common Stock, Shares Par Value	$ 0.001	$ 0.001
Common Stock, Shares Issued	13,346,642	13,318,642
Common Stock, Shares Outstanding	13,346,642	13,318,642
Series A Preferred Stock [Member]
Stockholders' Deficit
Preferred Stock, Shares Authorized	1,000	1,000
Preferred Stock, Shares Par Value	$ 0.001	$ 0.001
Preferred Stock, Shares Issued	1,000	1,000
Preferred Stock, Shares Outstanding	1,000	1,000

XML

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
Revenue	$ 413	$ 1,345	$ 557	$ 4,250
Revenue - related party	2,150	4,250	2,150	8,075
Total Revenue	2,563	5,595	2,707	12,325
Operating expenses
Depreciation	2,216	1,828	4,043	3,656
General and Administrative	122,547	123,523	250,464	260,759
Total Operating Expenses	124,763	125,351	254,507	264,415
Net Operating Income (Loss)	(122,200)	(119,756)	(251,800)	(252,090)
Other (expense)
Interest expense	(872)	(2,308)	(1,438)	(3,250)
Gain on Forgiveness of Debt	0	4,101	0	4,101
Debt Discount Amortization	0	(3,572)	0	(10,924)
Gain (Loss) on Stocks Held or Sold	(80,717)	37,601	(252,568)	25,548
Other Income (Expense)	(1,095)	(1)	(4,616)	(752)
Total other expense	(82,684)	35,821	(258,622)	14,723
Net (loss)	$ (204,884)	$ (83,935)	$ (510,422)	$ (237,367)
Net (loss) per common share - basic and diluted	$ (0.02)	$ (0.01)	$ (0.04)	$ (0.02)
Weighted average number of common shares outstanding - basic and diluted	13,343,741	12,918,229	13,333,692	12,914,206

XML

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS DEFICIT (Unaudited) - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]	Common Stock Payable [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance, shares at Dec. 31, 2020		1,000	12,901,753
Balance, amount at Dec. 31, 2020	$ (443,796)	$ 1	$ 12,902	$ 3,000	$ 12,506,375	$ (12,966,074)
Common Stock Issued for Common Stock Payable, shares			1,286
Common Stock Issued for Common Stock Payable, amount	3,000	0	$ 1	750	2,249	0
Settlement of AP for Common Stock, shares			11,504
Settlement of AP for Common Stock, amount	17,256	0	$ 11	0	17,245	0
Common Stock Issued for services, shares			4,099
Common Stock Issued for services, amount	750	0	$ 4	3,750	4,496	0
Warrant Subscription	25	0	0	0	25	0
Net loss	(237,367)	$ 0	$ 0	0	0	(236,367)
Balance, shares at Jun. 30, 2021		1,000	12,918,642
Balance, amount at Jun. 30, 2021	(660,132)	$ 1	$ 12,918	0	12,530,390	(13,203,441)
Balance, shares at Mar. 31, 2021		1,000	12,914,543
Balance, amount at Mar. 31, 2021	(576,947)	$ 1	$ 12,914	3,750	12,525,894	(13,119,506)
Common Stock Issued for services, shares			4,099
Common Stock Issued for services, amount	750	0	$ 4	3,750	4,496	0
Net loss	(83,935)
Net loss	(236,367)	$ 0	$ 0	0	0	(236,367)
Balance, shares at Jun. 30, 2021		1,000	12,918,642
Balance, amount at Jun. 30, 2021	(660,132)	$ 1	$ 12,918	0	12,530,390	(13,203,441)
Balance, shares at Dec. 31, 2021		1,000	13,318,642
Balance, amount at Dec. 31, 2021	(673,558)	$ 1	$ 13,318	0	12,729,990	(13,416,867)
Net loss	(510,422)	0				(510,422)
Common Stock issued for cash, shares			28,000
Common Stock issued for cash, amount	14,000	$ 0	$ 28	0	13,972	0
Balance, shares at Jun. 30, 2022		1,000	13,346,642
Balance, amount at Jun. 30, 2022	(1,169,980)	$ 1	$ 13,346	0	12,743,962	(13,927,289)
Balance, shares at Mar. 31, 2022		1,000	13,338,642
Balance, amount at Mar. 31, 2022	(969,096)	$ 1	$ 13,318	0	12,739,970	(13,722,405)
Net loss	(204,884)	0				(204,884)
Common Stock issued for cash, shares			8,000
Common Stock issued for cash, amount	4,000	0	$ 8	0	3,992	0
Rounding		$ 0	$ 0	0	0
Balance, shares at Jun. 30, 2022		1,000	13,346,642
Balance, amount at Jun. 30, 2022	$ (1,169,980)	$ 1	$ 13,346	$ 0	$ 12,743,962	$ (13,927,289)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net (loss)	$ (510,422)	$ (237,367)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	4,043	3,656
Loss (gain) on brokerage account	252,568	(25,548)
Loss on investment	4,616	752
Amortization of beneficial conversion feature	0	10,924
Gain on forgiveness of debt	0	(4,101)
Changes in operating assets and liabilities
Brokerage account or margin loan	0	34,551
Deferred revenue - related party	0	(8,500)
Accounts payable and accrued expenses - related party	198,900	192,344
Accounts payable and accrued expenses	(484)	17,732
Net cash(used in) operating activities	(50,779)	(15,557)
Cash flows from investing activities
Cash (transfer to) withdrawn from brokerage account	37,000	0
Net cash provided by investing activities	37,000	0
Cash flows from financing activities
Payments on convertible notes payable, related party	(4,812)	(6,794)
Borrowings from convertible notes payable, related party	0	9,333
Borrowings from notes payable, related party	14,500	18,616
Proceeds from Sale of Stock	14,000	0
Principal payments on debt	(7,611)	(9,558)
Warrant Subscriptions	0	25
Shares subscribed for cash	0	3,750
Net cash provided by financing activities	16,077	15,372
Net increase (decrease) in cash	2,298	(185)
Cash, beginning of period	4,320	3,047
Cash, end of period	6,618	2,862
SUPPLEMENTAL DISCLOSURE:
Interest paid	0	6,707
Income taxes paid	0	0
NONCASH INVESTING AND FINANCING ACTIVITIES:
RP-AP Converted into common stock	0	17,256
Shares issued for stock payable	0	6,750
Repayments on Margin loan Brokerage account	$ 263,151	$ 0

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NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

6 Months Ended

Jun. 30, 2022

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

NOTE 1 - NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

NOTE 1 – NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

Nature of Business

Crown Equity Holdings Inc. ("Crown Equity" or the "Company") was incorporated in August 1995 in Nevada. The Company offers through its digital network of websites, advertising branding, marketing solutions and other services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. The Company focuses on the distribution of information for the purpose of bringing together its audience with the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. Crown Equity Holdings' objective is making its endeavor known as CRWE WORLD into a online news and information source, as well as a one stop shop for various distinct products and services. The Company also offers services to companies seeking to become public entities in the United States, as well as providing various consulting services to companies and individuals dealing with corporate structure and operations globally.

On January 27, 2020, the Company re-acquired from American Video Teleconferencing Corp. (AVOT) the online business iB2BGlobal.com, since it had not received the shares promised during the original sale.

Basis of Preparation

The accompanying financial statements include the financial information of Crown Equity Holdings Inc. ("Crown Equity", the "Company") have been prepared in accordance with the instructions to financial reporting as prescribed by the Securities and Exchange Commission (the "SEC"). The preparation of these financial statements and accompanying notes in conformity with U.S. generally accepted accounting principles ("GAAP"). In the opinion of management, the financial statements contained in this report include all known accruals and adjustments necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods reported herein.

Reclassifications

Certain prior period amounts have been reclassified to conform to current period presentation.

Adoption of New Accounting Standard

In February 2016, the FASB issued ASU 2016-02 "Leases", which is codified in ASC 842 "Leases" and supersedes current lease guidance in ASC 840. These provisions require lessees to put a right-of-use asset and lease liability on their balance sheet for operating and financing leases that have a term of more than one year. Expense will be recognized in the income statement similar to current accounting guidance. For lessors, the ASU modifies the classification criteria and the accounting for sales-type and direct financing leases. Entities will need to disclose qualitative and quantitative information about their leases, including characteristics and amounts recognized in the financial statements. These provisions are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. We adopted the provisions on January 1, 2019, including interim periods subsequent to the date of adoption. Entities are required to use a modified retrospective approach upon adoption to recognize and measure leases at the beginning of the earliest comparative period presented in the financial statements. Since all the leases were finance leases, there was no effect on the financial statements when ASC 842 was adopted.

In June 2018, the FASB issued ASU No. 2018-07, Compensation—Stock Compensation, to simplify the accounting for share-based payments to nonemployees by aligning it with the accounting for share-based payments for employees, with certain exceptions. Under the new guidance, the cost for nonemployee awards may be lower and less volatile than under current US GAAP because the measurement generally will occur earlier and will be fixed at the grant date. This update is effective for annual financial reporting periods, and interim periods within those annual periods, beginning after December 15, 2018, although early adoption is permitted. The Company adopted the standard effective January 1, 2019 and found the adoption did not have a material effect on our financial statements.

Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

Accounting Standards not yet Adopted

In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13), which requires measurement and recognition of expected credit losses for financial assets held. ASU 2016-13 is effective for us in our first quarter of fiscal 2023, and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-13 on our financial statements.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities, disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are primarily used in our revenue recognition, long-lived asset impairments and adjustments, deferred tax, stock-based compensation, and reserves for legal matters.

Cash and Cash Equivalents

Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash and cash equivalents.

Stock-Based Compensation

The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances.

Revenue Recognition

The core principles of revenue recognition under ASC 606 include the following five criteria:

1.	Identify the contract with the customer
	Contract with our customers may be oral, written, or implied. A written and signed invoice stating the terms and conditions is the Company' preferred method. The terms of a written contract may be contained within the body of an invoice or in an email. No work is commenced without an understanding between the Company and our client that a valid contract exists.

2.

Identify the performance obligations in the contract

Our sales and account management teams define the scope of services to be offered, to ensure all parties are in agreement and obligations are being delivered to the customer as promised. The performance obligation may not be fully identified in a mutually signed contract, but may be outlined in email correspondence, face-to-face meetings, additional proposals or scopes of work, or phone conversations.

3.	Determine the transaction price
	Pricing is discussed and identified by the operations team prior to submitting an invoice to the customer.

4.	Allocate the transaction price to the performance obligations in the contract
	If a contract involves multiple obligations, the transaction pricing is allocated accordingly, during the performance obligation phase.

5.

Recognize revenue when (or as) we satisfy a performance obligation

The Company uses digital marketing that includes digital advertising, SEO management and digital ad support. We provide whether presenting a vibrant but simple message about our clients that will enlighten their audience or deploying an influential digital marketing campaign on our online site or across one or multiple social media platforms. Revenue is recognized when ads are run on Company's advertising platform. The company generates analytical reports monthly or as required to show how the ad dollars were spent and how the targeting resulted in click-through. The report satisfies the performance obligation, regardless of the outcome or effectiveness of the campaign.

Sales are recognized when promised services are started in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Sales for service contracts generally are recognized as the services are being provided.

	Six Months Ended June 30, 2022						Six Months Ended June 30, 2021
	Third Party		Related Party		Total		Third Party		Related Party		Total
Advertising	$	-	$	-	$	-	$	-	$	7,650	$	7,650
Accounting				2,000		2,000
Click Based and Impressions Ads		247		-		247		115		-		115
Publishing and Distribution		310		150		460		4,560		-		4,560
Server		-		-		-		-		-		-
	$	557	$	2,150	$	2,707	$	4,675	$	7,650	$	12,325

Revenues was received through provided accounting services, click based and impression ads located on the Company’s websites, as well as from publishing and disseminating press releases.

	June 30,		June 30,
	2022		2021
Deferred Revenue	$	-	$	2,833

Deferred revenue is based on cash received or billings in excess of revenue recognized until revenue recognition criteria are met. Client prepayments are deferred and recognized over future periods as services are delivered or performed.

Accounts Receivable and Allowance for Doubtful Accounts

The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There were no accounts receivable and allowance for doubtful accounts as of June 30, 2022 and December 31, 2021.

Risk Concentrations

The Company does not hold cash in excess of federally insured limits.

During the six-month period ending June 30, 2022, 74% of the Company's revenues were from accounting services, of which 100% of the accounting revenue earned were through a related party of the Company, with 17% of the Company's revenues being received through the publishing and distribution of press releases, of which 6% of the publishing and distribution revenue received were also received through a Company related party, and the remaining 9% of the revenue earned was received from the display of click-based and impressions ads on the company's online site. 

General and Administrative Expenses

Crown Equity's general and administrative expenses consisted of the following types of expenses during 2022 and 2021: Compensation expense, auto, travel and entertainment, legal and accounting, utilities, websites, office expenses, depreciation and other administrative related expenses.

Property and Equipment

Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets.

Impairment of Long-Lived Assets

The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is determined based on either expected future cash flows at a rate we believe incorporates the time value of money. No indications of impairments were identified in 2022 or 2021.

Basic and Diluted Net (Loss) per Share

	Six Months June 30, 2022			Six Months June 30, 2021
Numerator:
Net (Loss) attributable to common shareholders of Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Net (Loss) attributable to Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Denominator:
Weighted average common and common equivalent shares outstanding – basic and diluted		13,333,692			12,914,206
Earnings (Loss) per Share attributable to Crown Equity Holdings, Inc.:
Basic	$	(0.04	)	$	(0.02	)
Diluted	$	(0.04	)	$	(0.02	)

When an entity has a net loss, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized basic shares outstanding to calculate both basic and diluted loss per share for the periods ended June 30, 2022, and 2021. The number of potential anti-dilutive shares excluded from the calculation shares for the period ended June 30, 2022, is 21,401,000.

Income Taxes

In December 2017, the Tax Cuts and Jobs Act (the "Act") was enacted, which, among other changes, reduced the federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018. As a result of this change, the Company's statutory tax rate for fiscal 2019 and 2020 will be 21%. Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. As of June 30, 2021, and December 31, 2020, the Company has not reflected any amounts as a deferred tax asset due to the uncertainty of future profits to offset any net operating loss.

The Company's deferred tax assets consisted of the following as of June 30, 2021 and December 31, 2020:

	June 30, 2022			Dec 31, 2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset		-			-

Uncertain tax position

The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of June 30, 2022 and December 31, 2021.

Fair Value of Financial Instruments

The Company's financial instruments consist of cash and cash equivalents, accounts payable and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Research and Development

The Company spent no money for research and development cost for the periods ended June 30, 2022 and December 31, 2021.

Advertising Cost

The Company spent $0 for advertisement for the periods ended June 30, 2022 and 2021.

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GOING CONCERN

6 Months Ended

Jun. 30, 2022

GOING CONCERN

NOTE 2 - GOING CONCERN

NOTE 2 – GOING CONCERN

As shown in the accompanying condensed consolidated financial statements, Crown Equity has an accumulated deficit of $13,927,290 since its inception and had a working capital deficit of $1,174,250, negative cash flows from operations and limited business operations as of June 30, 2022. These conditions raise substantial doubt as to Crown Equity's ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary if Crown Equity is unable to continue as a going concern.

Crown Equity continues to review its expense structure reviewing costs and their reduction to move towards profitability. Management plans to continue raising funds through debt and equity financing to grow the business to profitability. This financing may be insufficient to fund expenditures or other cash requirements. There can be no assurance that additional financing will be available to the Company on acceptable terms or at all. These financial statements do not give effect to adjustments to assets would be necessary for the Company be unable to continue as going concern.

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PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2022

PROPERTY AND EQUIPMENT

NOTE 3 - PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

The Company's policy is to capitalize all property purchases over $1,000 and depreciates the assets over their useful lives of 3 to 7 years.

Property consists of the following on June 30, 2022 and December 31, 2021:

	June 30, 2022			Dec 31, 2021
Computers – 3 year estimated useful life	$	108,622			108,622
Less – Accumulated Depreciation		(102,645	)		(998,602	)
Property and Equipment, net	$	5,977			10,020

Depreciation has been provided over each asset's estimated useful life. Depreciation expense was $4,043, and $3,656 for the six months ended June 30, 2022 and 2021 respectively.

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BROKERAGE ACCOUNT

6 Months Ended

Jun. 30, 2022

BROKERAGE ACCOUNT

NOTE 4 - BROKERAGE ACCOUNT

NOTE 4 – BROKERAGE ACCOUNT

As of June 30, 2022, the market value of the Company's account portfolio was $30,646. During the period ending June 30, 2022, $37,000 was transferred from the brokerage account to operating account. The opening value of the account was $325,794, resulting in losses in portfolio investment as follows:

Net loss on investment in securities account for the six months ended June 30, 2022	$	252,568
Less – Net gain and losses recognized during 2022 on equity securities sold during the period	$	252,568
Unrealized losses recognized during 2022 on equities securities still held at June 30, 2022	$	-

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FINANCE LEASES

6 Months Ended

Jun. 30, 2022

FINANCE LEASES

NOTE 5 - FINANCE LEASES

NOTE 5 – FINANCE LEASES

During 2019 and 2020, the Company borrowed an aggregate $9,985 and $7,357 under the following third-party and related party finance lease transactions:

• A $9,985 note from a third party for the lease of fixed assets, bearing interest at 22%, amortized over 24 months with a payment of $498 in additional to a $22 management fee for a total monthly payment of $520. The lease has a bargain purchase option of $1 at the end of the lease term.

The following is a schedule of the net book value of the finance lease.

Assets	June 30, 2022
Leased equipment under finance lease,	$	108,622
less accumulated amortization		(102,645	)
Net	$	5,977

Liabilities	June 30, 2022
Obligations under finance lease (current)	$	11,264
Obligations under finance lease (noncurrent)		1,708
Total	$	12,972

Below is a reconciliation of leases to the financial statements.

	Finance Leases
Leased asset balance	$	5,977
Liability balance		12,972
Cash flow (operating)		-
Cash flow (financing)		-
Interest expense	$	1,615

The following is a schedule, by years, of future minimum lease payments required under finance leases.

Years ended December 31	Finance Leases
2022		9,866
2023		2,868
Thereafter		-
Total		12,734
Less: Imputed Interest		(599
Total Liability		12,135

Other information related to leases is as follows:

Lease Type	Weighted Average Remaining Term	Weighted Average Discount Rate (1)
Finance Leases	0.76 years		16	%

Based on average interest rate of 16%, average term remaining (months) 13.67 Average term remain (years) 1.13.

(1) This discount rate is consistent with our borrowing rates from various lenders.

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NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

6 Months Ended

Jun. 30, 2022

NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

NOTE 6 - NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

NOTE 6 – NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

As of June 30, 2022, and December 31, 2021, the Company had unamortized discount of $0 and $0, respectively.

The Company analyzed the below convertible notes for derivatives noting none.

	Original	Due	Interest			Conversion		Jun 30,
Name	Note Date	Date	Rate			Rate		2022
Related Party Notes Payable:
Jamie Hadfield	04/07/2022	07/07/2022		12	%	$	-		10,000
Willy A Saint-Hilaire	03/12/2021	03/12/2022		16	%	$	-		800
Willy A. Saint-Hilaire	02/28/2022	07/28/2022		12	%	$	-		4,500
Third Party Convertible Notes Payable:
Willy A Saint-Hilaire	04/06/2021	04/06/2022		12	%	$	-		2,500
Willy A Saint-Hilaire	04/16/2021	04/16/2022		12	%	$	-		1,518
Willy A Saint-Hilaire	04/21/2021	04/21/2022		12	%	$	-		1,110
Shahram Khial	04/22/2021	04/22/2022		12	%	$	-		3,500
Willy A Saint-Hilaire	04/30/2021	04/30/2022		15.15	%	$	-		2,750
Willy A Saint-Hilaire	05/04/2021	05/04/2022		15.15	%	$	-		750
Willy A Saint-Hilaire	05/21/2021	05/21/2022		0	%	$	-		4,600
Total Convertible Related Party Notes Payable									16,728
Less: Debt Discount									0
Convertible Notes Payable, net of Discount - Related Party									16,728

Willy Ariel Saint-Hilaire

On March 12, 2021, the Company entered into a promissory note with Willy A Saint-Hilaire in the amount of $9,332 at 16% interest. The company made principal reduction payments of $5,421, during the year ended period of December 31, 2021. As of March 31, 2022, the balance on this note is $2,012. With the additional payments totaling $1,212, during the second quarter period ending June 30, 2022, the balance on the note is $800

On April 6, 2021, the Company entered into a promissory note with Willy A Saint-Hilaire in the amount of $2,500 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $2,500.

On April 16, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $1,518 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $1,518.

On April 21, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $1,109.83 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $1,110.

On April 22, 2021, the Company entered into a convertible promissory note with Shahram Khial in the amount of $3,500 at an interest rate of 12%. As of June 30, 2022, the principal balance on this note was $3,500.

On April 30, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $2,750.00 at an interest rate of 15.15%. As of June 30, 2022, the principal balance on this note was $2,750.

On May 4, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $750 at an interest rate of 15.15%. As of June 30, 2022, the principal balance on this note was $750.

On May 21, 2021, the Company entered into a convertible promissory note with Willy A Saint-Hilaire in the amount of $7,280. As of March 31, 2022, the principal balance on this note was $4,900. With the additional payments totaling $300, during the second quarterly period ending June 30, 2022, the balance on the note is $4,600.

On February 28, 2022, the Company entered into a promissory note with Willy A Saint-Hilaire in the amount of $4,500 at an interest rate of 0 %. As of June 30, 2022, the principal balance on this note was $4,500.

Shahram Khial

On April 27, 2020, the Company entered into a convertible promissory note with Shahram Khial in the amount of $3,500. The note carries interest at 12% per annum. The holder has the right to convert principal of the note and accrued interest into Common shares. As of June 30, 2022, the balance on this note was $3,500.

Jamie Hadfield

On April 7, 2022, the Company entered into a promissory note with Jamie Hadfield in the amount of $10,000 at an interest rate of 12% . As of June 30, 2022, the principal balance on this note was $10,000.

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COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2022

COMMITMENTS AND CONTINGENCIES

NOTE 7 - COMMITMENTS AND CONTINGENCIES

NOTE 7 – COMMITMENTS AND CONTINGENCIES

The Company is obligated for payments under related party notes payable and automobile lease payments.

The Company agreed to pay the automobile leases of $395 and $278 a month, on a month-to-month basis and can be cancelled at any time but expects to continue lease payments for the full 2022 year.

The Company entered into an agreement, effective January 1, 2020, to pay Arnulfo Saucedo-Bardan $5,000 per month for website development, design maintenance and other IT services and solutions.

On February 13, 2020, Munti Consulting LLC was issued a warrant at a price of $0.000025 per share ($25 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share. Exercisable after the first (1st) anniversary of the date of filing of the first Form S-1 filed with the U.S. Securities and Exchange Commission after the issuance of this Warrant.

On March 13, 2020, BBCKQK Trust Kevin Wiltz was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On March 13, 2020, Willy Ariel Saint--Hilaire was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On April 1, 2020, Addicted 2 Marketing LLC was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On April 28, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 4, 2020, Arnulfo Saucedo- Bardan was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 7, 2020, Arnold F. Sock was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 7, 2020 Rudy Chacon was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 7, 2020, Sadegh Salmassi was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020, Glen J. Rineer was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Barry Cohen was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020, Malcolm Ziman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brett Matus was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brian D Colvin was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Jacob Colvin was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 11, 2020, Mohammad Sadrolashrafi was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 13, 2020 Steven A. Fishman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 13, 2020 Wendell and Sharon Piper was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Joan R. Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Marvin A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 20, 2020 Willy Rafael Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 27, 2020 James Bobrik was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 28, 2020 Richard R Shehane was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 29, 2020 Ybelka Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 3, 2020, Jeffery Connell was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On June 8, 2020 Hassan M. Oji was issued a warrant at a price of $0.000025 per share ($7.50 total) to purchase 300,000 shares of common stock at the exercise price of $0.60 per share.

On June 9, 2020, Kim Smith was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On June 12, 2020 Violet Gewerter was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On June 16, 2020, Roy S Worbets was issued a warrant at a price of $0.000025 per share ($5.00) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 19, 2020, Elvis E. Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 30, 2020, Chris Knudsen was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 1, 2020, Theresa Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 1, 2020, Donald Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 10, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On August 13, 2020, Monireh Sepahpour was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On August 18, 2020, Monica Shayestehpour was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On September 2, 2020, Hongsing Phou was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On September 8, 2020, Pejham Khial was issued a warrant at a price of $0.000025 per share $12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On September 15, 2020, Salvatore Marasa was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On September 21, 2020, Richard W LeAndro was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On September 21, 2020, Richard W LeAndro Jr was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000shares of common stock at the exercise price of $0.60 per share.

On September 25, 2020, Seyed M Javad was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On October 6, 2020, Nasrin Montazer was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On October 13, 2020, Jagjit Dhaliwal was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On January 3, 2021, Marjan Tina Suwarno & Reno Suwarno were issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

Summary of Warrants Issued:

Summary of Warrants Issued:

Issue Date	Issued To	Shares		Exercise price per share		Warrant price per share		Total Paid for Warrants
02/13/2020	Munti Consulting LLC		1,000,000	$	0.60	$	0.000025	$	25.00
03/13/2020	BBCKQK Trust Kevin Wiltz		1,000,000	$	0.60	$	0.000025	$	25.00
04/01/2020	Addicted 2 Marketing LLC		100,000	$	0.60	$	0.000025	$	2.50
05/07/2020	Arnold F Sock		500,000	$	0.60	$	0.000025	$	12.50
05/07/2020	Rudy Chacon		200,000	$	0.60	$	0.000025	$	5.00
05/07/2020	Sadegh Salmassi		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Glen J Rineer		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Barry Cohen		200,000	$	0.60	$	0.000025	$	5.00
05/13/2020	Steven A Fishman		200,000	$	0.60	$	0.000025	$	5.00
05/13/2020	Wendell & Sharon Piper		200,000	$	0.60	$	0.000025	$	5.00
05/27/2020	James Bobrik		200,000	$	0.60	$	0.000025	$	5.00
05/28/2020	Richard R Shehane		200,000	$	0.60	$	0.000025	$	5.00
06/03/2020	Jeffery Connell		100,000	$	0.60	$	0.000025	$	2.50
06/08/2020	Hassan M Oji		300,000	$	0.60	$	0.000025	$	7.50
06/09/2020	Kim Smith		500,000	$	0.60	$	0.000025	$	12.50
06/12/2020	Violet Gewerter		500,000	$	0.60	$	0.000025	$	12.50
06/16/2020	Roy S Worbets		200,000	$	0.60	$	0.000025	$	5.00
06/30/2020	Chris Knudsen		200,000	$	0.60	$	0.000025	$	5.00
07/01/2020	Donald Kitt		200,000	$	0.60	$	0.000025	$	5.00
08/13/2020	Monireh Sepahpour		500,000	$	0.60	$	0.000025	$	12.50
08/18/2020	Monica Shayestehpour		1,000,000	$	0.60	$	0.000025	$	25.00
09/02/2020	Hongsing Phou		200,000	$	0.60	$	0.000025	$	5.00
09/08/2020	Pejham Khial		500,000	$	0.60	$	0.000025	$	12.50
09/15/2020	Salvatore Marasa		200,000	$	0.60	$	0.000025	$	5.00
09/21/2020	Richard W LeAndro		500,000	$	0.60	$	0.000025	$	12.50
09/21/2020	Richard W LeAndro Jr		500,000	$	0.60	$	0.000025	$	12.50
09/25/2020	Seyed M Javad		200,000	$	0.60	$	0.000025	$	5.00
10/06/2020	Nasrin Montazer		500,000	$	0.60	$	0.000025	$	12.50
10/13/2020	Jagit Dhaliwal		1,000,000	$	0.60	$	0.000025	$	25.00
01/03/2021	Marjan Tina Suwarno & Reno Suwarno		1,000,000	$	0.60	$	0.000025	$	25.00
	Total:		12,300,000					$	307.50
Related Party:
03/13/2020	Willy A Saint-Hilaire		1,000,000	$	0.60	$	0.000025	$	25.00
04/28/2020	Shahram Khial		500,000	$	0.60	$	0.000025	$	12.50
05/01/2020	Mike Zaman		1,000,000	$	0.60	$	0.000025	$	25.00
05/01/2020	Montse Zaman		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Malcolm Ziman		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Brett Matus		200,000	$	0.60	$	0.000025	$	5.00
05/11/2020	Mohammad Sadrolashrafi		500,000	$	0.60	$	0.000025	$	12.50
05/04/2020	Arnulfo Saucedo-Bardan		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Brian D Colvin		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Jacob Colvin		200,000	$	0.60	$	0.000025	$	5.00
05/19/2020	Joan R Saint-Hilaire		100,000	$	0.60	$	0.000025	$	2.50
05/19/2020	Marvin A Saint-Hilaire		100,000	$	0.60	$	0.000025	$	2.50
05/20/2020	Willy Rafael Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
05/29/2020	Ybelka Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
06/09/2020	Kenneth Cornell Bosket		1,000,000	$	0.60	$	0.000025	$	25.00
06/19/2020	Elvis E Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
07/01/2020	Theresa Kitt		200,000	$	0.60	$	0.000025	$	5.00
07/10/2020	Shahram Khial		500,000	$	0.60	$	0.000025	$	12.50
	Total Related Party:		9,100,000					$	227.50

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RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2022

RELATED PARTY TRANSACTIONS

NOTE 8 - RELATED PARTY TRANSACTIONS

NOTE 8 – RELATED PARTY TRANSACTIONS

The Company is provided office space by one of the officers and directors at no charge. The Company believes that this office space is sufficient for its needs for the foreseeable future.

On March 1, 2020, Willy A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On April 28, 2020, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 1, 2020, Mike Zaman was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 1, 2020, Montse Zaman was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 4, 2020 Arnulfo Saucedo-Bardan was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020, Malcolm Ziman was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brian D Colvin was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Jacob Colvin was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 8, 2020 Brett Matus was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 11, 2020, Mohammad Sadrolashrafi was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Joan R Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 19, 2020 Marvin A Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($2.50 total) to purchase 100,000 shares of common stock at the exercise price of $0.60 per share.

On May 20, 2020 Willy Rafael Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On May 29, 2020 Ybelka Saint-Hilaire was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On June 9, 2020 Kenneth Cornell Bosket was issued a warrant at a price of $0.000025 per share ($25.00 total) to purchase 1,000,000 shares of common stock at the exercise price of $0.60 per share.

On July 1, 2020 Theresa Kitt was issued a warrant at a price of $0.000025 per share ($5.00 total) to purchase 200,000 shares of common stock at the exercise price of $0.60 per share.

On July 10, 2020, Shahram Khial was issued a warrant at a price of $0.000025 per share ($12.50 total) to purchase 500,000 shares of common stock at the exercise price of $0.60 per share.

The Company is periodically advanced operating funds from related parties with convertible notes payable. During the six months ended June 30, 2022, total convertible notes and not convertible notes from related parties was $16,028 and $15,300, respectively. The Company is also periodically advanced funds to cover account payables by direct payment of the account payables from related parties

The Company entered into an agreement, effective January 1, 2020, to pay Mike Zaman $20,000 per month for managerial services.

The Company entered into an agreement, effective January 1, 2020, to pay Kenneth Bosket $5,000 per month for administrative services.

The Company entered into an agreement, effective January 1, 2020, to pay Montse Zaman $5,000 per month for administrative services.

As of June 30, 2022, the Company has a balance of $1,029,690 of accounts and accrued expenses payable with related parties.

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STOCK HOLDERS' DEFICIT

6 Months Ended

Jun. 30, 2022

STOCK HOLDERS' DEFICIT

NOTE 9 - STOCK HOLDERS' DEFICIT

NOTE 9 – STOCK HOLDERS' DEFICIT

Common Stock

During the six months ending June 30, 2022, the Company issued the following:

· On March 9, 2022, the Company issued 20,000 restricted shares of common stock for a total of $10,000 in cash. The shares were sold at the price of $0.50 per share on the purchase date.

· On May 3, 2022, the Company issued 8,000 restricted shares of common stock for a total of $4,000 in cash. The shares were sold at the price of $0.50 per share on the purchase date.

On February 13, 2020, the Company granted non-qualified stock options to purchase up to 1,000,000 shares of common stock at an exercise price of $0.60 per share. The option to purchase can be exercised at or after the date of the Company's S1 registration filing of which date is yet to be determined.

On March 13, 2020, the Company granted non-qualified stock options to purchase up to 2,000,000 shares of common stock at an exercise price of $0.60 per share. The option to purchase can be exercised at or after the date of the Company's S1 registration filing of which date is yet to be determined.

Equity Incentive Plan

The Company's 2006 Equity Incentive Plan, as amended and restated (the "Equity Incentive Plan"), provides for grants of stock options as well as grants of stock, including restricted stock. Approximately 3.0 million shares of common stock are authorized for issuance under the Equity Incentive Plan, of which 3.0 million shares were available for issuance as of June 30, 2022

Preferred Stock

The Company has designated 1,000 shares of its preferred stock as Series A Preferred Stock. Each share of Series A Preferred shall have no dividend, voting or other rights except for the right to elect Class I Directors. As of June 30, 2022, the Company has 1,000 shares of Series A Preferred Stock outstanding.

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INCOME TAXES

6 Months Ended

Jun. 30, 2022

INCOME TAXES

NOTE 10 - INCOME TAXES

NOTE 10 – INCOME TAXES

The Company follows ASC 740, Accounting for Income Taxes. During 2009, there was a change in control of the Company. Under section 382 of the Internal Revenue Code such a change in control negates much of the tax loss carry forward and deferred income tax. Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax reporting purposes, and (b) net operating loss carry forwards. For federal income tax purposes, the Company uses the accrual basis of accounting, the same that is used for financial reporting purposes.

The Company did not have taxable income during 2021.

The Company's deferred tax assets consisted of the following as of June 30, 2022, and December 31, 2021:

	2022			2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset	$	-		$	-

As of June 30, 2022, and December 31, 2021, the Company's accumulated net operating loss carry forward was approximately $4,097,367 and $3,586,945, respectively and will begin to expire in the year 2032. The deferred tax assets have been adjusted to reflect the recently enacted corporate tax rate of 21%.

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SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2022

SUBSEQUENT EVENTS

NOTE 11 - SUBSEQUENT EVENTS

NOTE 11 – SUBSEQUENT EVENTS

The are no subsequent events

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NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Policies)

6 Months Ended

Jun. 30, 2022

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

Nature Of Business

Crown Equity Holdings Inc. ("Crown Equity" or the "Company") was incorporated in August 1995 in Nevada. The Company offers through its digital network of websites, advertising branding, marketing solutions and other services to boost customer awareness, as well as merchant visibility as a worldwide online multi-media publisher. The Company focuses on the distribution of information for the purpose of bringing together its audience with the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. Crown Equity Holdings' objective is making its endeavor known as CRWE WORLD into a online news and information source, as well as a one stop shop for various distinct products and services. The Company also offers services to companies seeking to become public entities in the United States, as well as providing various consulting services to companies and individuals dealing with corporate structure and operations globally.

On January 27, 2020, the Company re-acquired from American Video Teleconferencing Corp. (AVOT) the online business iB2BGlobal.com, since it had not received the shares promised during the original sale.

Basis Of Preparation

The accompanying financial statements include the financial information of Crown Equity Holdings Inc. ("Crown Equity", the "Company") have been prepared in accordance with the instructions to financial reporting as prescribed by the Securities and Exchange Commission (the "SEC"). The preparation of these financial statements and accompanying notes in conformity with U.S. generally accepted accounting principles ("GAAP"). In the opinion of management, the financial statements contained in this report include all known accruals and adjustments necessary for a fair presentation of the financial position, results of operations, and cash flows for the periods reported herein.

Reclassifications

Certain prior period amounts have been reclassified to conform to current period presentation.

Adoption Of New Accounting Standard

In February 2016, the FASB issued ASU 2016-02 "Leases", which is codified in ASC 842 "Leases" and supersedes current lease guidance in ASC 840. These provisions require lessees to put a right-of-use asset and lease liability on their balance sheet for operating and financing leases that have a term of more than one year. Expense will be recognized in the income statement similar to current accounting guidance. For lessors, the ASU modifies the classification criteria and the accounting for sales-type and direct financing leases. Entities will need to disclose qualitative and quantitative information about their leases, including characteristics and amounts recognized in the financial statements. These provisions are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption is permitted. We adopted the provisions on January 1, 2019, including interim periods subsequent to the date of adoption. Entities are required to use a modified retrospective approach upon adoption to recognize and measure leases at the beginning of the earliest comparative period presented in the financial statements. Since all the leases were finance leases, there was no effect on the financial statements when ASC 842 was adopted.

In June 2018, the FASB issued ASU No. 2018-07, Compensation—Stock Compensation, to simplify the accounting for share-based payments to nonemployees by aligning it with the accounting for share-based payments for employees, with certain exceptions. Under the new guidance, the cost for nonemployee awards may be lower and less volatile than under current US GAAP because the measurement generally will occur earlier and will be fixed at the grant date. This update is effective for annual financial reporting periods, and interim periods within those annual periods, beginning after December 15, 2018, although early adoption is permitted. The Company adopted the standard effective January 1, 2019 and found the adoption did not have a material effect on our financial statements.

Crown Equity does not expect the adoption of any recently issued accounting pronouncements to have a significant impact on their financial position, results of operations or cash flows.

Accounting Standards Not Yet Adopted

In June 2016, the FASB issued ASU 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13), which requires measurement and recognition of expected credit losses for financial assets held. ASU 2016-13 is effective for us in our first quarter of fiscal 2023, and earlier adoption is permitted. We are currently evaluating the impact of our pending adoption of ASU 2016-13 on our financial statements.

Use Of Estimates

The preparation of financial statements in conformity with GAAP requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities, disclosures of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates are primarily used in our revenue recognition, long-lived asset impairments and adjustments, deferred tax, stock-based compensation, and reserves for legal matters.

Cash And Cash Equivalents

Crown Equity considers all highly liquid investments purchased with an original maturity of three months or less to be cash and cash equivalents.

Stock-based Compensation

The Company accounts for stock-based compensation to employees in accordance with ASC 718 requiring employee equity awards to be accounted for under the fair value method. Accordingly, share-based compensation is measured at grant date, based on the fair value of the award and is recognized as expense over the requisite employee service period. The Company accounts for stock-based compensation to other than employees in accordance with ASC 505-50. Equity instruments issued to other than employees are valued at the earlier of a commitment date or upon completion of the services, based on the fair value of the equity instruments and is recognized as expense over the service period. The Company estimates the fair value of share-based payments using the Black-Scholes option-pricing model for common stock options and the closing price of the company's common stock for common share issuances.

Revenue Recognition

The core principles of revenue recognition under ASC 606 include the following five criteria:

1.	Identify the contract with the customer
	Contract with our customers may be oral, written, or implied. A written and signed invoice stating the terms and conditions is the Company' preferred method. The terms of a written contract may be contained within the body of an invoice or in an email. No work is commenced without an understanding between the Company and our client that a valid contract exists.

2.

Identify the performance obligations in the contract

Our sales and account management teams define the scope of services to be offered, to ensure all parties are in agreement and obligations are being delivered to the customer as promised. The performance obligation may not be fully identified in a mutually signed contract, but may be outlined in email correspondence, face-to-face meetings, additional proposals or scopes of work, or phone conversations.

3.	Determine the transaction price
	Pricing is discussed and identified by the operations team prior to submitting an invoice to the customer.

4.	Allocate the transaction price to the performance obligations in the contract
	If a contract involves multiple obligations, the transaction pricing is allocated accordingly, during the performance obligation phase.

5.

Recognize revenue when (or as) we satisfy a performance obligation

The Company uses digital marketing that includes digital advertising, SEO management and digital ad support. We provide whether presenting a vibrant but simple message about our clients that will enlighten their audience or deploying an influential digital marketing campaign on our online site or across one or multiple social media platforms. Revenue is recognized when ads are run on Company's advertising platform. The company generates analytical reports monthly or as required to show how the ad dollars were spent and how the targeting resulted in click-through. The report satisfies the performance obligation, regardless of the outcome or effectiveness of the campaign.

Sales are recognized when promised services are started in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services. Sales for service contracts generally are recognized as the services are being provided.

	Six Months Ended June 30, 2022						Six Months Ended June 30, 2021
	Third Party		Related Party		Total		Third Party		Related Party		Total
Advertising	$	-	$	-	$	-	$	-	$	7,650	$	7,650
Accounting				2,000		2,000
Click Based and Impressions Ads		247		-		247		115		-		115
Publishing and Distribution		310		150		460		4,560		-		4,560
Server		-		-		-		-		-		-
	$	557	$	2,150	$	2,707	$	4,675	$	7,650	$	12,325

Revenues was received through provided accounting services, click based and impression ads located on the Company’s websites, as well as from publishing and disseminating press releases.

	June 30,		June 30,
	2022		2021
Deferred Revenue	$	-	$	2,833

Deferred revenue is based on cash received or billings in excess of revenue recognized until revenue recognition criteria are met. Client prepayments are deferred and recognized over future periods as services are delivered or performed.

Accounts Receivable And Allowance For Doubtful Accounts

The Company establishes an allowance for bad debts through a review of several factors including historical collection experience, current aging status of the customer accounts, and financial condition of our customers. The Company does not generally require collateral for our accounts receivable. There were no accounts receivable and allowance for doubtful accounts as of June 30, 2022 and December 31, 2021.

Risk Concentrations

The Company does not hold cash in excess of federally insured limits.

During the six-month period ending June 30, 2022, 74% of the Company's revenues were from accounting services, of which 100% of the accounting revenue earned were through a related party of the Company, with 17% of the Company's revenues being received through the publishing and distribution of press releases, of which 6% of the publishing and distribution revenue received were also received through a Company related party, and the remaining 9% of the revenue earned was received from the display of click-based and impressions ads on the company's online site. 

General And Administrative Expenses

Crown Equity's general and administrative expenses consisted of the following types of expenses during 2022 and 2021: Compensation expense, auto, travel and entertainment, legal and accounting, utilities, websites, office expenses, depreciation and other administrative related expenses.

Property And Equipment

Property and equipment are carried at the cost of acquisition or construction and depreciated over the estimated useful lives of the assets. Costs associated with repair and maintenance are expensed as incurred. Costs associated with improvements which extend the life, increase the capacity, or improve the efficiency of our property and equipment are capitalized and depreciated over the remaining life of the related asset. Gains and losses on dispositions of equipment are reflected in operations. Depreciation is calculated using the straight-line method over the estimated useful lives of the assets.

Impairment Of Long-lived Assets

The Company reviews the carrying value of its long-lived assets annually or whenever events or changes in circumstances indicate that the historical cost carrying value of an asset may no longer be appropriate. The Company assesses recoverability of the asset by comparing the undiscounted future net cash flows expected to result from the asset to its carrying value. If the carrying value exceeds the undiscounted future net cash flows of the asset, an impairment loss is measured and recognized. An impairment loss is measured as the difference between the net book value and the fair value of the long-lived asset. Fair value is determined based on either expected future cash flows at a rate we believe incorporates the time value of money. No indications of impairments were identified in 2022 or 2021.

Basic And Diluted Net (loss) Per Share

	Six Months June 30, 2022			Six Months June 30, 2021
Numerator:
Net (Loss) attributable to common shareholders of Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Net (Loss) attributable to Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Denominator:
Weighted average common and common equivalent shares outstanding – basic and diluted		13,333,692			12,914,206
Earnings (Loss) per Share attributable to Crown Equity Holdings, Inc.:
Basic	$	(0.04	)	$	(0.02	)
Diluted	$	(0.04	)	$	(0.02	)

When an entity has a net loss, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized basic shares outstanding to calculate both basic and diluted loss per share for the periods ended June 30, 2022, and 2021. The number of potential anti-dilutive shares excluded from the calculation shares for the period ended June 30, 2022, is 21,401,000.

Income Taxes

In December 2017, the Tax Cuts and Jobs Act (the "Act") was enacted, which, among other changes, reduced the federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018. As a result of this change, the Company's statutory tax rate for fiscal 2019 and 2020 will be 21%. Crown Equity recognizes deferred tax assets and liabilities based on differences between the financial reporting and tax basis of assets and liabilities using the enacted tax rates and laws that are expected to be in effect when the differences are expected to be recovered. As of June 30, 2021, and December 31, 2020, the Company has not reflected any amounts as a deferred tax asset due to the uncertainty of future profits to offset any net operating loss.

The Company's deferred tax assets consisted of the following as of June 30, 2021 and December 31, 2020:

	June 30, 2022			Dec 31, 2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset		-			-

Uncertain Tax Position

The Company also follows the guidance related to accounting for income tax uncertainties. In accounting for uncertainty in income taxes, the Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of June 30, 2022 and December 31, 2021.

Fair Value Of Financial Instruments

The Company's financial instruments consist of cash and cash equivalents, accounts payable and debt. The carrying amount of these financial instruments approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise disclosed in these financial statements.

Research And Development

The Company spent no money for research and development cost for the periods ended June 30, 2022 and December 31, 2021.

Advertising Cost

The Company spent $0 for advertisement for the periods ended June 30, 2022 and 2021.

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NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2022

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES

Schedule Of Sales Recognized

	Six Months Ended June 30, 2022						Six Months Ended June 30, 2021
	Third Party		Related Party		Total		Third Party		Related Party		Total
Advertising	$	-	$	-	$	-	$	-	$	7,650	$	7,650
Accounting				2,000		2,000
Click Based and Impressions Ads		247		-		247		115		-		115
Publishing and Distribution		310		150		460		4,560		-		4,560
Server		-		-		-		-		-		-
	$	557	$	2,150	$	2,707	$	4,675	$	7,650	$	12,325

Schedule Of Deferred Revenue

	June 30,		June 30,
	2022		2021
Deferred Revenue	$	-	$	2,833

Schedule Of Basic And Diluted Net (loss) Per Share

	Six Months June 30, 2022			Six Months June 30, 2021
Numerator:
Net (Loss) attributable to common shareholders of Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Net (Loss) attributable to Crown Equity Holdings, Inc.	$	(510,422	)	$	(237,367	)
Denominator:
Weighted average common and common equivalent shares outstanding – basic and diluted		13,333,692			12,914,206
Earnings (Loss) per Share attributable to Crown Equity Holdings, Inc.:
Basic	$	(0.04	)	$	(0.02	)
Diluted	$	(0.04	)	$	(0.02	)

Schedule Of Deferred Tax Assets

	June 30, 2022			Dec 31, 2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset		-			-

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PROPERTY AND EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2022

PROPERTY AND EQUIPMENT

Schedule Of Property Plant And Equipment

	June 30, 2022			Dec 31, 2021
Computers – 3 year estimated useful life	$	108,622			108,622
Less – Accumulated Depreciation		(102,645	)		(998,602	)
Property and Equipment, net	$	5,977			10,020

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BROKERAGE ACCOUNT (Table)

6 Months Ended

Jun. 30, 2022

BROKERAGE ACCOUNT

Summary of Brokerge Account

Net loss on investment in securities account for the six months ended June 30, 2022	$	252,568
Less – Net gain and losses recognized during 2022 on equity securities sold during the period	$	252,568
Unrealized losses recognized during 2022 on equities securities still held at June 30, 2022	$	-

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FINANCE LEASES (Tables)

6 Months Ended

Jun. 30, 2022

FINANCE LEASES

Schedule Of The Net Book Value Of The Finance Lease

Assets	June 30, 2022
Leased equipment under finance lease,	$	108,622
less accumulated amortization		(102,645	)
Net	$	5,977

Liabilities	June 30, 2022
Obligations under finance lease (current)	$	11,264
Obligations under finance lease (noncurrent)		1,708
Total	$	12,972

Schedule Of Reconciliation Of Leases

	Finance Leases
Leased asset balance	$	5,977
Liability balance		12,972
Cash flow (operating)		-
Cash flow (financing)		-
Interest expense	$	1,615

Schedule Of Future Minimum Lease Payments

Years ended December 31	Finance Leases
2022		9,866
2023		2,868
Thereafter		-
Total		12,734
Less: Imputed Interest		(599
Total Liability		12,135

Schedule Of Other Information Related To Leases

Lease Type	Weighted Average Remaining Term	Weighted Average Discount Rate (1)
Finance Leases	0.76 years		16	%

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NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES (Tables)

6 Months Ended

Jun. 30, 2022

NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES

Schedule Of Convertible Notes Payable

	Original	Due	Interest			Conversion		Jun 30,
Name	Note Date	Date	Rate			Rate		2022
Related Party Notes Payable:
Jamie Hadfield	04/07/2022	07/07/2022		12	%	$	-		10,000
Willy A Saint-Hilaire	03/12/2021	03/12/2022		16	%	$	-		800
Willy A. Saint-Hilaire	02/28/2022	07/28/2022		12	%	$	-		4,500
Third Party Convertible Notes Payable:
Willy A Saint-Hilaire	04/06/2021	04/06/2022		12	%	$	-		2,500
Willy A Saint-Hilaire	04/16/2021	04/16/2022		12	%	$	-		1,518
Willy A Saint-Hilaire	04/21/2021	04/21/2022		12	%	$	-		1,110
Shahram Khial	04/22/2021	04/22/2022		12	%	$	-		3,500
Willy A Saint-Hilaire	04/30/2021	04/30/2022		15.15	%	$	-		2,750
Willy A Saint-Hilaire	05/04/2021	05/04/2022		15.15	%	$	-		750
Willy A Saint-Hilaire	05/21/2021	05/21/2022		0	%	$	-		4,600
Total Convertible Related Party Notes Payable									16,728
Less: Debt Discount									0
Convertible Notes Payable, net of Discount - Related Party									16,728

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COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2022

BROKERAGE ACCOUNT

Summary Of Warrants Issued

Issue Date	Issued To	Shares		Exercise price per share		Warrant price per share		Total Paid for Warrants
02/13/2020	Munti Consulting LLC		1,000,000	$	0.60	$	0.000025	$	25.00
03/13/2020	BBCKQK Trust Kevin Wiltz		1,000,000	$	0.60	$	0.000025	$	25.00
04/01/2020	Addicted 2 Marketing LLC		100,000	$	0.60	$	0.000025	$	2.50
05/07/2020	Arnold F Sock		500,000	$	0.60	$	0.000025	$	12.50
05/07/2020	Rudy Chacon		200,000	$	0.60	$	0.000025	$	5.00
05/07/2020	Sadegh Salmassi		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Glen J Rineer		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Barry Cohen		200,000	$	0.60	$	0.000025	$	5.00
05/13/2020	Steven A Fishman		200,000	$	0.60	$	0.000025	$	5.00
05/13/2020	Wendell & Sharon Piper		200,000	$	0.60	$	0.000025	$	5.00
05/27/2020	James Bobrik		200,000	$	0.60	$	0.000025	$	5.00
05/28/2020	Richard R Shehane		200,000	$	0.60	$	0.000025	$	5.00
06/03/2020	Jeffery Connell		100,000	$	0.60	$	0.000025	$	2.50
06/08/2020	Hassan M Oji		300,000	$	0.60	$	0.000025	$	7.50
06/09/2020	Kim Smith		500,000	$	0.60	$	0.000025	$	12.50
06/12/2020	Violet Gewerter		500,000	$	0.60	$	0.000025	$	12.50
06/16/2020	Roy S Worbets		200,000	$	0.60	$	0.000025	$	5.00
06/30/2020	Chris Knudsen		200,000	$	0.60	$	0.000025	$	5.00
07/01/2020	Donald Kitt		200,000	$	0.60	$	0.000025	$	5.00
08/13/2020	Monireh Sepahpour		500,000	$	0.60	$	0.000025	$	12.50
08/18/2020	Monica Shayestehpour		1,000,000	$	0.60	$	0.000025	$	25.00
09/02/2020	Hongsing Phou		200,000	$	0.60	$	0.000025	$	5.00
09/08/2020	Pejham Khial		500,000	$	0.60	$	0.000025	$	12.50
09/15/2020	Salvatore Marasa		200,000	$	0.60	$	0.000025	$	5.00
09/21/2020	Richard W LeAndro		500,000	$	0.60	$	0.000025	$	12.50
09/21/2020	Richard W LeAndro Jr		500,000	$	0.60	$	0.000025	$	12.50
09/25/2020	Seyed M Javad		200,000	$	0.60	$	0.000025	$	5.00
10/06/2020	Nasrin Montazer		500,000	$	0.60	$	0.000025	$	12.50
10/13/2020	Jagit Dhaliwal		1,000,000	$	0.60	$	0.000025	$	25.00
01/03/2021	Marjan Tina Suwarno & Reno Suwarno		1,000,000	$	0.60	$	0.000025	$	25.00
	Total:		12,300,000					$	307.50
Related Party:
03/13/2020	Willy A Saint-Hilaire		1,000,000	$	0.60	$	0.000025	$	25.00
04/28/2020	Shahram Khial		500,000	$	0.60	$	0.000025	$	12.50
05/01/2020	Mike Zaman		1,000,000	$	0.60	$	0.000025	$	25.00
05/01/2020	Montse Zaman		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Malcolm Ziman		200,000	$	0.60	$	0.000025	$	5.00
05/08/2020	Brett Matus		200,000	$	0.60	$	0.000025	$	5.00
05/11/2020	Mohammad Sadrolashrafi		500,000	$	0.60	$	0.000025	$	12.50
05/04/2020	Arnulfo Saucedo-Bardan		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Brian D Colvin		1,000,000	$	0.60	$	0.000025	$	25.00
05/08/2020	Jacob Colvin		200,000	$	0.60	$	0.000025	$	5.00
05/19/2020	Joan R Saint-Hilaire		100,000	$	0.60	$	0.000025	$	2.50
05/19/2020	Marvin A Saint-Hilaire		100,000	$	0.60	$	0.000025	$	2.50
05/20/2020	Willy Rafael Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
05/29/2020	Ybelka Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
06/09/2020	Kenneth Cornell Bosket		1,000,000	$	0.60	$	0.000025	$	25.00
06/19/2020	Elvis E Saint-Hilaire		200,000	$	0.60	$	0.000025	$	5.00
07/01/2020	Theresa Kitt		200,000	$	0.60	$	0.000025	$	5.00
07/10/2020	Shahram Khial		500,000	$	0.60	$	0.000025	$	12.50
	Total Related Party:		9,100,000					$	227.50

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INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2022

INCOME TAXES

Schedule Of Deferred Tax Assets

	2022			2021
Net operating loss	$	860,447		$	753,258
Valuation allowance		(860,447	)		(753,258	)
Net deferred tax asset	$	-		$	-

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NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Advertising	$ 0	$ 7,650
Accounting	2,000
Click Based And Impressions Ads	247	115
Publishing And Distribution	460	4,560
Server	0	0
Total Sales	2,707	12,325
Related Party [Member]
Advertising	0	7,650
Accounting	2,000
Click Based And Impressions Ads	0	0
Publishing And Distribution	150	0
Server	0	0
Total Sales	2,150	7,650
Third Party [Member]
Advertising	0	0
Click Based And Impressions Ads	247	115
Publishing And Distribution	310	4,560
Server	0	0
Total Sales	$ 557	$ 4,675

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NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details 1) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES
Deferred Revenue	$ 0	$ 2,833

XML

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details 2) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Net (loss) Attributable To Common Shareholders Of Crown Equity Holdings, Inc.	$ (510,422)	$ (237,367)
Net (loss) Attributable To Crown Equity Holdings, Inc.	$ (510,422)	$ (237,367)
Denominator:
Weighted Average Common And Common Equivalent Shares Outstanding - Basic And Diluted	13,333,692	12,914,206
Earnings (loss) Per Share Attributable To Crown Equity Holdings, Inc.:
Basic	$ (0.04)	$ (0.02)
Diluted	$ (0.04)	$ (0.02)

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NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES (Details 3) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES
Net Operating Loss	$ 860,447	$ 753,258
Valuation Allowance	(860,447)	(753,258)
Net Deferred Tax Asset	$ 0	$ 0

XML

NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES
Reduced The Federal Statutory Corporate Tax Rate	the Tax Cuts and Jobs Act (the "Act") was enacted, which, among other changes, reduced the federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018
Corporate Tax Rate	21.00%
Uncertain Tax Position Description	the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority. No liability for unrecognized tax benefits was recorded as of June 30, 2022 and December 31, 2021
Advertisement Expenses	$ 0	$ 0
Revenues were from accounting services	74.00%
Accounting revenue earned were through a related party	100.00%
Revenues being received through the publishing and distribution	17.00%
Revenue earned was received from the display of click-based	6.00%
Number Of Anti-dilutive Shares Excluded	21,401,000

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GOING CONCERN (Details Narrative)	Jun. 30, 2022 USD ($)
GOING CONCERN
Accumulated Deficit	$ (13,927,290)
Working Capital Deficit	$ 1,174,250

XML

PROPERTY AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
PROPERTY AND EQUIPMENT
Computers - 3 Year Estimated Useful Life	$ 108,622	$ 108,622
Less - Accumulated Depreciation	(102,645)	(998,602)
Property And Equipment, Net	$ 5,977	$ 10,020

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PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Depreciation	$ 2,216	$ 1,828	$ 4,043	$ 3,656
Capitalized Property	$ 1,000		$ 1,000
Minimum [Member]
Useful Life			3 years
Maximum [Member]
Useful Life			7 years

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BROKERAGE ACCOUNTS (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)
BROKERAGE ACCOUNT
Net loss on investment in securities account for the six months ended June 30, 2022	$ 252,568
Less - Net gain and losses recognized during 2022 on equity securities sold during the period	252,568
Unrealized losses recognized during 2022 on equities securities still held at June 30, 2022	$ 0

XML

BROKERAGE ACCOUNTS (Details Narrative)	6 Months Ended
	Jun. 30, 2022 USD ($)
BROKERAGE ACCOUNT
Market value of the Company's account portfolio	$ 30,646
Transfer from the brokerage account to operating account	37,000
Opening value of Brokerage Account	$ 325,794

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FINANCE LEASES (Details)	Jun. 30, 2022 USD ($)
Assets
Leased Equipment Under Finance Lease	$ 108,622
Less Accumulated Amortization	(102,645)
Net	5,977
Liabilities
Obligations Under Finance Lease (current)	11,264
Obligations Under Finance Lease (noncurrent)	1,708
Total	$ 12,972

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FINANCE LEASES (Details 1)	6 Months Ended
	Jun. 30, 2022 USD ($)
Liability Balance	$ 1,708
Finance Leases [Member]
Cash Flow (operating)	0
Leased Asset Balance	5,977
Liability Balance	12,972
Cash Flow (financing)	0
Interest Expense	$ 1,615

XML

FINANCE LEASES (Details 2) - Finance Leases [Member]	Dec. 31, 2021 USD ($)
2022	$ 9,866
2023	2,868
Thereafter	0
Total	12,734
Less: Imputed Interest	(599)
Total Liability	$ 12,135

XML

FINANCE LEASES (Details 3) - Finance Leases [Member]	6 Months Ended
	Jun. 30, 2022
Weighted Average Remaining Term	9 months 3 days
Weighted Average Discount Rate	16.00%

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FINANCE LEASES (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2020	Dec. 31, 2019
Related Party, Borrowed Finance Lease		$ 7,357	$ 9,985
Capital Lease Description	Based on average interest rate of 16%, average term remaining (months) 13.67 Average term remain (years) 1.13
Lease Bargain Purchase Option	$ 1
Capital Lease [Member] | Third Party [Member]
Note Payable	$ 9,985
Interest Rate	22.00%
Amortization Period	24
Monthly Payments	$ 520
Other Payments	498
Payment For Management Fee	$ 22

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NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Convertible Notes Payable, Net Of Discount - Related Party	$ 15,300	$ 3,912
Shahram Khial [Member]
Original Note Date	Apr. 28, 2020
Related Party Notes Payable [Member] | Jamie Hadfield [Member]
Note Payable	$ 10,000
Original Note Date	Apr. 07, 2022
Interest Rate	12.00%
Conversion Rate	$ 0
Due Date	Jul. 07, 2022
Convertible Notes Payable [Member]
Convertible Notes Payable, Net Of Discount - Related Party	$ 16,028
Convertible Notes Payable [Member] | Shahram Khial [Member]
Note Payable	$ 3,500
Original Note Date	Apr. 22, 2021
Interest Rate	12.00%
Conversion Rate	$ 0
Due Date	Apr. 22, 2022
Willy A. Saint-Hilaire [Member]
Original Note Date	Mar. 13, 2020
Willy A. Saint-Hilaire [Member] | Related Party Notes Payable [Member]
Note Payable	$ 800
Original Note Date	Mar. 12, 2021
Interest Rate	16.00%
Conversion Rate	$ 0
Due Date	Mar. 12, 2022
Willy A. Saint-Hilaire [Member] | Convertible Notes Payable [Member]
Note Payable	$ 2,500
Original Note Date	Apr. 06, 2021
Interest Rate	12.00%
Conversion Rate	$ 0
Due Date	Apr. 06, 2022
Willy A. Saint-Hilaire 1 [Member] | Related Party Notes Payable [Member]
Note Payable	$ 4,500
Original Note Date	Feb. 28, 2022
Interest Rate	12.00%
Conversion Rate	$ 0
Due Date	Jul. 28, 2022
Willy A. Saint-Hilaire 1 [Member] | Convertible Notes Payable [Member]
Note Payable	$ 1,518
Original Note Date	Apr. 16, 2021
Interest Rate	12.00%
Conversion Rate	$ 0
Due Date	Apr. 16, 2022
Willy A. Saint-Hilaire 2 [Member] | Convertible Notes Payable [Member]
Note Payable	$ 1,110
Original Note Date	Apr. 21, 2021
Interest Rate	12.00%
Conversion Rate	$ 0
Due Date	Apr. 21, 2022
Willy A. Saint-Hilaire 3 [Member] | Convertible Notes Payable [Member]
Note Payable	$ 2,750
Original Note Date	Apr. 30, 2021
Interest Rate	15.15%
Conversion Rate	$ 0
Due Date	Apr. 30, 2022
Willy A. Saint-Hilaire 4 [Member] | Convertible Notes Payable [Member]
Note Payable	$ 750
Original Note Date	May 04, 2021
Interest Rate	15.15%
Conversion Rate	$ 0
Due Date	May 04, 2022
Willy A. Saint-Hilaire 5 [Member] | Convertible Notes Payable [Member]
Note Payable	$ 4,600
Original Note Date	May 21, 2021
Interest Rate	0.00%
Conversion Rate	$ 0
Due Date	May 21, 2022
Related Party [Member] | Convertible Notes Payable [Member]
Total Convertible Related Party Notes Payable	$ 16,728
Less: Debt Discount	0
Convertible Notes Payable, Net Of Discount - Related Party	$ 16,728

XML

NOTES PAYABLE AND CONVERTIBLE NOTE PAYABLES (Details Narrative) - USD ($)	Jun. 30, 2022	Apr. 27, 2022	Apr. 07, 2022	Feb. 28, 2022	Dec. 31, 2021	May 21, 2021	May 04, 2021	Apr. 30, 2021	Apr. 22, 2021	Apr. 21, 2021	Apr. 16, 2021	Apr. 06, 2021	Mar. 12, 2021
Unamortized Discount	$ 0				$ 0
Convertible Notes Payable [Member] | Shahram Khial [Member]
Note Payable		$ 3,500
Interest Rate		12.00%
Pricipal Balance	3,500
Convertible Promissory Note [Member] | Jamie Hadfield [Member] | April 7, 2022 [Member]
Note Payable			$ 10,000
Interest Rate			12.00%
Pricipal Balance	10,000
Convertible Promissory Note [Member] | Shahram Khial [Member] | April 22, 2021 [Member]
Note Payable									$ 3,500
Interest Rate									12.00%
Pricipal Balance	3,500
Willy A. Saint-Hilaire [Member] | Convertible Notes Payable [Member]
Note Payable	2,012												$ 9,332
Note Payable addition	1,212
Balance	800
Interest Rate													16.00%
Monthly Installments													$ 5,421
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | April 6, 2021 [Member]
Note Payable												$ 2,500
Interest Rate												12.00%
Pricipal Balance	2,500
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | April 16, 2021 [Member]
Note Payable											$ 1,518
Interest Rate											12.00%
Pricipal Balance	1,518
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | April 21, 2021 [Member]
Note Payable										$ 1,109
Interest Rate										12.00%
Pricipal Balance	1,110
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | April 30, 2021 [Member]
Note Payable								$ 2,750
Interest Rate								15.15%
Pricipal Balance	2,750
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | May 4, 2021 [Member]
Note Payable							$ 750
Interest Rate							15.15%
Pricipal Balance	750
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | May 21, 2021 [Member]
Note Payable						$ 7,280
Note Payable addition	300
Balance	4,600
Pricipal Balance	4,900
Willy A. Saint-Hilaire [Member] | Convertible Promissory Note [Member] | February 28, 2022 [Member]
Note Payable				$ 4,500
Interest Rate				0.00%
Pricipal Balance	$ 4,500

XML

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	Jun. 30, 2022	Oct. 13, 2020	Oct. 06, 2020	Sep. 25, 2020	Sep. 21, 2020	Sep. 15, 2020	Sep. 09, 2020	Sep. 08, 2020	Sep. 02, 2020	Aug. 18, 2020	Aug. 13, 2020	Jul. 10, 2020	Jul. 01, 2020	Jun. 30, 2020	Jun. 19, 2020	Jun. 16, 2020	Jun. 12, 2020	Jun. 09, 2020	Jun. 08, 2020	Jun. 03, 2020	May 29, 2020	May 28, 2020	May 27, 2020	May 20, 2020	May 19, 2020	May 13, 2020	May 11, 2020	May 08, 2020	May 07, 2020	May 04, 2020	May 01, 2020	Apr. 28, 2020	Apr. 01, 2020	Mar. 13, 2020	Mar. 01, 2020	Feb. 13, 2020
Fair Value Of Warrants Issued	$ 283
Warrant Issuance Price	$ 0.50
Shahram Khial [Member]
Fair Value Of Warrants Issued	$ 12																															$ 12
Warrants Issued To Purchase Common Stcok	500,000																															500,000
Original Note Date	Apr. 28, 2020
Warrants Exercise Price	$ 0.60																															$ 0.60
Warrant Issuance Price	$ 0.000025											$ 0.000025																				$ 0.00002
Marvin A Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 2																								$ 2
Warrants Issued To Purchase Common Stcok	100,000																								100,000
Original Note Date	May 19, 2020
Warrants Exercise Price	$ 0.60																								$ 0.60
Warrant Issuance Price	$ 0.000025																								$ 0.000025
Joan R. Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 2																								$ 2
Warrants Issued To Purchase Common Stcok	100,000																								100,000
Original Note Date	May 19, 2020
Warrants Exercise Price	$ 0.60																								$ 0.60
Warrant Issuance Price	$ 0.000025																								$ 0.000025
Arnold F. Sock [Member]
Fair Value Of Warrants Issued	$ 12																												$ 12
Warrants Issued To Purchase Common Stcok	500,000																												500,000
Original Note Date	May 07, 2020
Warrants Exercise Price	$ 0.60																												$ 0.60
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Munti Consulting LLC [Member]
Fair Value Of Warrants Issued	$ 25																																			$ 25
Warrants Issued To Purchase Common Stcok	1,000,000																																			1,000,000
Original Note Date	Feb. 13, 2020
Warrants Exercise Price	$ 0.60																																			$ 0.60
Warrant Issuance Price	$ 0.000025																																			$ 0.000025
Shahram Khial One [Member]
Fair Value Of Warrants Issued	$ 12											$ 12
Warrants Issued To Purchase Common Stcok	500,000											500,000
Original Note Date	Jul. 10, 2020
Warrants Exercise Price	$ 0.60											$ 0.60
Warrant Issuance Price	$ 0.000025											$ 0.000025
Rudy Chacon [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Original Note Date	May 07, 2020
Warrants Exercise Price	$ 0.60																												$ 0.60
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Wendell and Sharon Piper [Member]
Fair Value Of Warrants Issued	$ 5																									$ 5
Warrants Issued To Purchase Common Stcok	200,000																									200,000
Original Note Date	May 13, 2020
Warrants Exercise Price	$ 0.60																									$ 0.60
Warrant Issuance Price	$ 0.000025																									$ 0.000025
Roy S Worbets [Member]
Fair Value Of Warrants Issued	$ 5															$ 5
Warrants Issued To Purchase Common Stcok	200,000															200,000
Original Note Date	Jun. 16, 2020
Warrants Exercise Price	$ 0.60															$ 0.60
Warrant Issuance Price	$ 0.000025															$ 0.000025
Mike Zaman [Member]
Fair Value Of Warrants Issued	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000
Original Note Date	May 01, 2020
Warrants Exercise Price	$ 0.60
Warrant Issuance Price	$ 0.000025																														$ 0.000025
Montse Zaman [Member]
Fair Value Of Warrants Issued	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000
Original Note Date	May 01, 2020
Warrants Exercise Price	$ 0.60
Warrant Issuance Price	$ 0.000025																														$ 0.000025
Brett Matus [Member]
Fair Value Of Warrants Issued	$ 5																											$ 5
Warrants Issued To Purchase Common Stcok	200,000																											200,000
Original Note Date	May 08, 2020
Warrants Exercise Price	$ 0.60																											$ 0.60
Warrant Issuance Price	$ 0.000025																											$ 0.000025
Arnulfo Saucedo-Bardan [Member]
Fair Value Of Warrants Issued	$ 25																													$ 25
Warrants Issued To Purchase Common Stcok	1,000,000																													1,000,000
Original Note Date	May 04, 2020
Warrants Exercise Price	$ 0.60																													$ 0.60
Warrant Issuance Price	$ 0.000025																													$ 0.000025
Jacob Colvin [Member]
Fair Value Of Warrants Issued	$ 5																											$ 5
Warrants Issued To Purchase Common Stcok	200,000																											200,000
Original Note Date	May 08, 2020
Warrants Exercise Price	$ 0.60																											$ 0.60
Warrant Issuance Price	$ 0.000025																											$ 0.000025
Willy Rafael Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 5																							$ 5
Warrants Issued To Purchase Common Stcok	200,000																							200,000
Original Note Date	May 20, 2020
Warrants Exercise Price	$ 0.60																							$ 0.60
Warrant Issuance Price	$ 0.000025																							$ 0.000025
Ybelka Saint Hilaire [Member]
Fair Value Of Warrants Issued	$ 5																				$ 5
Warrants Issued To Purchase Common Stcok	200,000																				200,000
Original Note Date	May 29, 2020
Warrants Exercise Price	$ 0.60																				$ 0.60
Warrant Issuance Price	$ 0.000025																				$ 0.000025
Kenneth Cornell Bosket [Member]
Fair Value Of Warrants Issued	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000
Original Note Date	Jun. 09, 2020
Warrants Exercise Price	$ 0.60
Warrant Issuance Price	$ 0.000025																	$ 0.000025
Related Party [Member]
Fair Value Of Warrants Issued	$ 227
Warrants Issued To Purchase Common Stcok	9,100,000
Related Party [Member] | Warrant [Member]
Fair Value Of Warrants Issued	$ 307
Warrants Issued To Purchase Common Stcok	12,300,000
Elvis E. Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 5														$ 5
Warrants Issued To Purchase Common Stcok	200,000														200,000
Original Note Date	Jun. 19, 2020
Warrants Exercise Price	$ 0.60														$ 0.60
Warrant Issuance Price	$ 0.000025														$ 0.000025
Violet Gewerter [Member]
Fair Value Of Warrants Issued	$ 12																$ 12
Warrants Issued To Purchase Common Stcok	500,000																500,000
Original Note Date	Jun. 12, 2020
Warrants Exercise Price	$ 0.60																$ 0.60
Warrant Issuance Price	$ 0.000025																$ 0.000025
Kim Smith [Member]
Fair Value Of Warrants Issued	$ 12																	$ 12
Warrants Issued To Purchase Common Stcok	500,000																	500,000
Original Note Date	Jun. 09, 2020
Warrants Exercise Price	$ 0.60																	$ 0.60
Warrant Issuance Price	$ 0.000025																	$ 0.000025
Hassan M. Oji [Member]
Fair Value Of Warrants Issued	$ 7																		$ 7
Warrants Issued To Purchase Common Stcok	300,000																		300,000
Original Note Date	Jun. 08, 2020
Warrants Exercise Price	$ 0.60																		$ 0.60
Warrant Issuance Price	$ 0.000025																		$ 0.000025
Jeffery Connell [Member]
Fair Value Of Warrants Issued	$ 2																			$ 2
Warrants Issued To Purchase Common Stcok	100,000																			100,000
Original Note Date	Jun. 03, 2020
Warrants Exercise Price	$ 0.60																			$ 0.60
Warrant Issuance Price	$ 0.000025																			$ 0.000025
Addicted 2 Marketing LLC [Member]
Fair Value Of Warrants Issued	$ 2																																$ 2
Warrants Issued To Purchase Common Stcok	100,000																																100,000
Original Note Date	Apr. 01, 2020
Warrants Exercise Price	$ 0.60																																$ 0.60
Warrant Issuance Price	$ 0.000025																																$ 0.000025
Richard W LeAndro Jr [Member]
Fair Value Of Warrants Issued	$ 12				$ 12
Warrants Issued To Purchase Common Stcok	500,000				500,000
Original Note Date	Sep. 21, 2020
Warrants Exercise Price	$ 0.60				$ 0.60
Warrant Issuance Price	$ 0.000025				$ 0.000025
Richard W LeAndro [Member]
Fair Value Of Warrants Issued	$ 12				$ 12
Warrants Issued To Purchase Common Stcok	500,000				500,000
Original Note Date	Sep. 21, 2020
Warrants Exercise Price	$ 0.60				$ 0.60
Warrant Issuance Price	$ 0.000025				$ 0.000025
BBCKQK Trust Kevin Wiltz [Member]
Fair Value Of Warrants Issued	$ 25																																	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000																																	1,000,000
Original Note Date	Mar. 13, 2020
Warrants Exercise Price	$ 0.60																																	$ 0.60
Warrant Issuance Price	$ 0.000025																																	$ 0.000025
Pejham Khial [Member]
Fair Value Of Warrants Issued	$ 12							$ 12
Warrants Issued To Purchase Common Stcok	500,000							500,000
Original Note Date	Sep. 08, 2020
Warrants Exercise Price	$ 0.60							$ 0.60
Warrant Issuance Price	$ 0.000025							$ 0.000025
Monireh Sepahpour [Member]
Fair Value Of Warrants Issued	$ 12										$ 12
Warrants Issued To Purchase Common Stcok	500,000										500,000
Original Note Date	Aug. 13, 2020
Warrants Exercise Price	$ 0.60										$ 0.60
Warrant Issuance Price	$ 0.000025										$ 0.000025
Nasrin Montazer [Member]
Fair Value Of Warrants Issued	$ 12		$ 12
Warrants Issued To Purchase Common Stcok	500,000		500,000
Original Note Date	Oct. 06, 2020
Warrants Exercise Price	$ 0.60		$ 0.60
Warrant Issuance Price	$ 0.000025		$ 0.000025
Sadegh Salmassi [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Original Note Date	May 07, 2020
Warrants Exercise Price	$ 0.60																												$ 0.60
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Glen J. Rineer [Member]
Fair Value Of Warrants Issued	$ 5																											$ 5
Warrants Issued To Purchase Common Stcok	200,000																											200,000
Original Note Date	May 08, 2020
Warrants Exercise Price	$ 0.60																											$ 0.60
Warrant Issuance Price	$ 0.000025																											$ 0.000025
Barry Cohen [Member]
Fair Value Of Warrants Issued	$ 5																											$ 5
Warrants Issued To Purchase Common Stcok	200,000																											200,000
Original Note Date	May 08, 2020
Warrants Exercise Price	$ 0.60																											$ 0.60
Warrant Issuance Price	$ 0.000025																											$ 0.000025
Steven A. Fishman [Member]
Fair Value Of Warrants Issued	$ 5																									$ 5
Warrants Issued To Purchase Common Stcok	200,000																									200,000
Original Note Date	May 13, 2020
Warrants Exercise Price	$ 0.60																									$ 0.60
Warrant Issuance Price	$ 0.000025																									$ 0.000025
James Bobrik [Member]
Fair Value Of Warrants Issued	$ 5																						$ 5
Warrants Issued To Purchase Common Stcok	200,000																						200,000
Original Note Date	May 27, 2020
Warrants Exercise Price	$ 0.60																						$ 0.60
Warrant Issuance Price	$ 0.000025																						$ 0.000025
Richard R Shehane [Member]
Fair Value Of Warrants Issued	$ 5																					$ 5
Warrants Issued To Purchase Common Stcok	200,000																					200,000
Original Note Date	May 28, 2020
Warrants Exercise Price	$ 0.60																					$ 0.60
Warrant Issuance Price	$ 0.000025																					$ 0.000025
Chris Knudsen [Member]
Fair Value Of Warrants Issued	$ 5													$ 5
Warrants Issued To Purchase Common Stcok	200,000													200,000
Original Note Date	Jun. 30, 2020
Warrants Exercise Price	$ 0.60													$ 0.60
Warrant Issuance Price	$ 0.000025													$ 0.000025
Donald Kitt [Member]
Fair Value Of Warrants Issued	$ 5
Warrants Issued To Purchase Common Stcok	200,000
Original Note Date	Jul. 01, 2020
Warrants Exercise Price	$ 0.60
Warrant Issuance Price	$ 0.000025
Monica Shayestehpour [Member]
Fair Value Of Warrants Issued	$ 25									$ 25
Warrants Issued To Purchase Common Stcok	1,000,000									1,000,000
Original Note Date	Aug. 18, 2020
Warrants Exercise Price	$ 0.60									$ 0.60
Warrant Issuance Price	$ 0.000025									$ 0.000025
Hongsing Phou [Member]
Fair Value Of Warrants Issued	$ 5								$ 5
Warrants Issued To Purchase Common Stcok	200,000								200,000
Original Note Date	Sep. 02, 2020
Warrants Exercise Price	$ 0.60								$ 0.60
Warrant Issuance Price	$ 0.000025								$ 0.000025
Salvatore Marasa [Member]
Fair Value Of Warrants Issued	$ 5					$ 5
Warrants Issued To Purchase Common Stcok	200,000					200,000
Original Note Date	Sep. 15, 2020
Warrants Exercise Price	$ 0.60					$ 0.60
Warrant Issuance Price	$ 0.000025					$ 0.000025
Seyed M. Javad [Member]
Fair Value Of Warrants Issued	$ 5		$ 12	$ 5
Warrants Issued To Purchase Common Stcok	200,000		500,000	200,000
Original Note Date	Sep. 25, 2020
Warrants Exercise Price	$ 0.60		$ 0.60	$ 0.60
Warrant Issuance Price	$ 0.000025		$ 0.000025	$ 0.000025
Jagjit Dhaliwal [Member]
Fair Value Of Warrants Issued	$ 25	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000	1,000,000
Original Note Date	Oct. 13, 2020
Warrants Exercise Price	$ 0.60	$ 0.60
Warrant Issuance Price	$ 0.000025	$ 0.000025
Willy A. Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 25																																	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000																																	1,000,000	1,000,000
Original Note Date	Mar. 13, 2020
Warrants Exercise Price	$ 0.60																																	$ 0.60	$ 0.60
Warrant Issuance Price	$ 0.000025																																	$ 0.000025	$ 0.000025
Malcolm Ziman [Member]
Fair Value Of Warrants Issued	$ 5																											$ 5
Warrants Issued To Purchase Common Stcok	200,000																											200,000
Original Note Date	May 08, 2020
Warrants Exercise Price	$ 0.60																											$ 0.60
Warrant Issuance Price	$ 0.000025																											$ 0.000025
Mohammad Sadrolashrafi [Member]
Fair Value Of Warrants Issued	$ 12																										$ 12
Warrants Issued To Purchase Common Stcok	500,000																										500,000
Original Note Date	May 11, 2020
Warrants Exercise Price	$ 0.60																										$ 0.60
Warrant Issuance Price	$ 0.000025						$ 0.50																				$ 0.000025
Brian D Colvin [Member]
Fair Value Of Warrants Issued	$ 25																											$ 25
Warrants Issued To Purchase Common Stcok	1,000,000																											1,000,000
Original Note Date	May 08, 2020
Warrants Exercise Price	$ 0.60																											$ 0.60
Warrant Issuance Price	$ 0.000025																											$ 0.000025
Theresa Kitt [Member]
Fair Value Of Warrants Issued	$ 5												$ 5
Warrants Issued To Purchase Common Stcok	200,000												200,000
Original Note Date	Jul. 01, 2020
Warrants Exercise Price	$ 0.60												$ 0.60
Warrant Issuance Price	$ 0.000025												$ 0.000025
Marjan Tina and Reno Suwarno [Member]
Fair Value Of Warrants Issued	$ 25
Warrants Issued To Purchase Common Stcok	1,000,000
Original Note Date	Jan. 03, 2021
Warrants Exercise Price	$ 0.60
Warrant Issuance Price	$ 0.000025

XML

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Oct. 13, 2020	Oct. 06, 2020	Sep. 25, 2020	Sep. 21, 2020	Sep. 15, 2020	Sep. 09, 2020	Sep. 08, 2020	Sep. 02, 2020	Aug. 18, 2020	Aug. 13, 2020	Jul. 10, 2020	Jul. 01, 2020	Jun. 30, 2020	Jun. 19, 2020	Jun. 16, 2020	Jun. 12, 2020	Jun. 09, 2020	Jun. 08, 2020	Jun. 03, 2020	May 29, 2020	May 28, 2020	May 27, 2020	May 20, 2020	May 19, 2020	May 13, 2020	May 11, 2020	May 08, 2020	May 07, 2020	May 04, 2020	Apr. 28, 2020	Apr. 01, 2020	Mar. 13, 2020	Mar. 01, 2020	Feb. 13, 2020	Jan. 01, 2020
Fair Value Of Warrants Issued	$ 283
Warrant Issuance Price	$ 0.50
Automobile lease [Member]
Monthly Payment	$ 395	$ 278
Elvis E. Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 5															$ 5
Warrant Issuance Price	$ 0.000025															$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000															200,000
Warrants Exercise Price	$ 0.60															$ 0.60
Violet Gewerter [Member]
Fair Value Of Warrants Issued	$ 12																	$ 12
Warrant Issuance Price	$ 0.000025																	$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000																	500,000
Warrants Exercise Price	$ 0.60																	$ 0.60
Kim Smith [Member]
Fair Value Of Warrants Issued	$ 12																		$ 12
Warrant Issuance Price	$ 0.000025																		$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000																		500,000
Warrants Exercise Price	$ 0.60																		$ 0.60
Hassan M. Oji [Member]
Fair Value Of Warrants Issued	$ 7																			$ 7
Warrant Issuance Price	$ 0.000025																			$ 0.000025
Warrants Issued To Purchase Common Stcok	300,000																			300,000
Warrants Exercise Price	$ 0.60																			$ 0.60
Jeffery Connell [Member]
Fair Value Of Warrants Issued	$ 2																				$ 2
Warrant Issuance Price	$ 0.000025																				$ 0.000025
Warrants Issued To Purchase Common Stcok	100,000																				100,000
Warrants Exercise Price	$ 0.60																				$ 0.60
Addicted 2 Marketing LLC [Member]
Fair Value Of Warrants Issued	$ 2																																$ 2
Warrant Issuance Price	$ 0.000025																																$ 0.000025
Warrants Issued To Purchase Common Stcok	100,000																																100,000
Warrants Exercise Price	$ 0.60																																$ 0.60
Richard W LeAndro Jr [Member]
Fair Value Of Warrants Issued	$ 12					$ 12
Warrant Issuance Price	$ 0.000025					$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000					500,000
Warrants Exercise Price	$ 0.60					$ 0.60
Richard W LeAndro [Member]
Fair Value Of Warrants Issued	$ 12					$ 12
Warrant Issuance Price	$ 0.000025					$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000					500,000
Warrants Exercise Price	$ 0.60					$ 0.60
BBCKQK Trust Kevin Wiltz [Member]
Fair Value Of Warrants Issued	$ 25																																	$ 25
Warrant Issuance Price	$ 0.000025																																	$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000																																	1,000,000
Warrants Exercise Price	$ 0.60																																	$ 0.60
Pejham Khial [Member]
Fair Value Of Warrants Issued	$ 12								$ 12
Warrant Issuance Price	$ 0.000025								$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000								500,000
Warrants Exercise Price	$ 0.60								$ 0.60
Monireh Sepahpour [Member]
Fair Value Of Warrants Issued	$ 12											$ 12
Warrant Issuance Price	$ 0.000025											$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000											500,000
Warrants Exercise Price	$ 0.60											$ 0.60
Nasrin Montazer [Member]
Fair Value Of Warrants Issued	$ 12			$ 12
Warrant Issuance Price	$ 0.000025			$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000			500,000
Warrants Exercise Price	$ 0.60			$ 0.60
Sadegh Salmassi [Member]
Fair Value Of Warrants Issued	$ 5																													$ 5
Warrant Issuance Price	$ 0.000025																													$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																													200,000
Warrants Exercise Price	$ 0.60																													$ 0.60
Glen J. Rineer [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Warrants Exercise Price	$ 0.60																												$ 0.60
Barry Cohen [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Warrants Exercise Price	$ 0.60																												$ 0.60
Steven A. Fishman [Member]
Fair Value Of Warrants Issued	$ 5																										$ 5
Warrant Issuance Price	$ 0.000025																										$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																										200,000
Warrants Exercise Price	$ 0.60																										$ 0.60
James Bobrik [Member]
Fair Value Of Warrants Issued	$ 5																							$ 5
Warrant Issuance Price	$ 0.000025																							$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																							200,000
Warrants Exercise Price	$ 0.60																							$ 0.60
Richard R Shehane [Member]
Fair Value Of Warrants Issued	$ 5																						$ 5
Warrant Issuance Price	$ 0.000025																						$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																						200,000
Warrants Exercise Price	$ 0.60																						$ 0.60
Chris Knudsen [Member]
Fair Value Of Warrants Issued	$ 5														$ 5
Warrant Issuance Price	$ 0.000025														$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000														200,000
Warrants Exercise Price	$ 0.60														$ 0.60
Donald Kitt [Member]
Fair Value Of Warrants Issued	$ 5
Warrant Issuance Price	$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000
Warrants Exercise Price	$ 0.60
Donald Kitt [Member] | July 1, 2020 [Member]
Fair Value Of Warrants Issued	$ 5
Warrant Issuance Price	$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000
Warrants Exercise Price	$ 0.60
Monica Shayestehpour [Member]
Fair Value Of Warrants Issued	$ 25										$ 25
Warrant Issuance Price	$ 0.000025										$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000										1,000,000
Warrants Exercise Price	$ 0.60										$ 0.60
Hongsing Phou [Member]
Fair Value Of Warrants Issued	$ 5									$ 5
Warrant Issuance Price	$ 0.000025									$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000									200,000
Warrants Exercise Price	$ 0.60									$ 0.60
Salvatore Marasa [Member]
Fair Value Of Warrants Issued	$ 5						$ 5
Warrant Issuance Price	$ 0.000025						$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000						200,000
Warrants Exercise Price	$ 0.60						$ 0.60
Seyed M. Javad [Member]
Fair Value Of Warrants Issued	$ 5			$ 12	$ 5
Warrant Issuance Price	$ 0.000025			$ 0.000025	$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000			500,000	200,000
Warrants Exercise Price	$ 0.60			$ 0.60	$ 0.60
Jagjit Dhaliwal [Member]
Fair Value Of Warrants Issued	$ 25		$ 25
Warrant Issuance Price	$ 0.000025		$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000		1,000,000
Warrants Exercise Price	$ 0.60		$ 0.60
Willy A. Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 25																																	$ 25
Warrant Issuance Price	$ 0.000025																																	$ 0.000025	$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000																																	1,000,000	1,000,000
Warrants Exercise Price	$ 0.60																																	$ 0.60	$ 0.60
Malcolm Ziman [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Warrants Exercise Price	$ 0.60																												$ 0.60
Mohammad Sadrolashrafi [Member]
Fair Value Of Warrants Issued	$ 12																											$ 12
Warrant Issuance Price	$ 0.000025							$ 0.50																				$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000																											500,000
Warrants Exercise Price	$ 0.60																											$ 0.60
Brian D Colvin [Member]
Fair Value Of Warrants Issued	$ 25																												$ 25
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000																												1,000,000
Warrants Exercise Price	$ 0.60																												$ 0.60
Theresa Kitt [Member]
Fair Value Of Warrants Issued	$ 5													$ 5
Warrant Issuance Price	$ 0.000025													$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000													200,000
Warrants Exercise Price	$ 0.60													$ 0.60
Theresa Kitt [Member] | July 1, 2020 [Member]
Fair Value Of Warrants Issued	$ 5													$ 5
Warrant Issuance Price	$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000
Warrants Exercise Price	$ 0.60
Marjan Tina Reno Suwano [Member]
Fair Value Of Warrants Issued																																					$ 25
Warrant Issuance Price																																					$ 0.000025
Warrants Issued To Purchase Common Stcok																																					1,000,000
Warrants Exercise Price																																					$ 0.60
Shahram Khial [Member]
Fair Value Of Warrants Issued	$ 12																															$ 12
Warrant Issuance Price	$ 0.000025												$ 0.000025																			$ 0.00002
Warrants Issued To Purchase Common Stcok	500,000																															500,000
Warrants Exercise Price	$ 0.60																															$ 0.60
Warrant Issuance Price	$ 0.000025																															$ 0.000025
Marvin A Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 2																									$ 2
Warrant Issuance Price	$ 0.000025																									$ 0.000025
Warrants Issued To Purchase Common Stcok	100,000																									100,000
Warrants Exercise Price	$ 0.60																									$ 0.60
Joan R. Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 2																									$ 2
Warrant Issuance Price	$ 0.000025																									$ 0.000025
Warrants Issued To Purchase Common Stcok	100,000																									100,000
Warrants Exercise Price	$ 0.60																									$ 0.60
Arnold F. Sock [Member]
Fair Value Of Warrants Issued	$ 12																													$ 12
Warrant Issuance Price	$ 0.000025																													$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000																													500,000
Warrants Exercise Price	$ 0.60																													$ 0.60
Munti Consulting LLC [Member]
Fair Value Of Warrants Issued	$ 25																																			$ 25
Warrant Issuance Price	$ 0.000025																																			$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000																																			1,000,000
Warrants Exercise Price	$ 0.60																																			$ 0.60
Shahram Khial One [Member]
Fair Value Of Warrants Issued	$ 12												$ 12
Warrant Issuance Price	$ 0.000025												$ 0.000025
Warrants Issued To Purchase Common Stcok	500,000												500,000
Warrants Exercise Price	$ 0.60												$ 0.60
Rudy Chacon [Member]
Fair Value Of Warrants Issued	$ 5																													$ 5
Warrant Issuance Price	$ 0.000025																													$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																													200,000
Warrants Exercise Price	$ 0.60																													$ 0.60
Wendell and Sharon Piper [Member]
Fair Value Of Warrants Issued	$ 5																										$ 5
Warrant Issuance Price	$ 0.000025																										$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																										200,000
Warrants Exercise Price	$ 0.60																										$ 0.60
Roy S Worbets [Member]
Fair Value Of Warrants Issued	$ 5																$ 5
Warrant Issuance Price	$ 0.000025																$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																200,000
Warrants Exercise Price	$ 0.60																$ 0.60
Brett Matus [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Warrants Exercise Price	$ 0.60																												$ 0.60
Arnulfo Saucedo-Bardan [Member]
Fair Value Of Warrants Issued	$ 25																														$ 25
Warrant Issuance Price	$ 0.000025																														$ 0.000025
Warrants Issued To Purchase Common Stcok	1,000,000																														1,000,000
Warrants Exercise Price	$ 0.60																														$ 0.60
Website Development, Design Maintenance And Other It Services																																					$ 5,000
Payment Period	Monthly
Jacob Colvin [Member]
Fair Value Of Warrants Issued	$ 5																												$ 5
Warrant Issuance Price	$ 0.000025																												$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																												200,000
Warrants Exercise Price	$ 0.60																												$ 0.60
Willy Rafael Saint-Hilaire [Member]
Fair Value Of Warrants Issued	$ 5																								$ 5
Warrant Issuance Price	$ 0.000025																								$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																								200,000
Warrants Exercise Price	$ 0.60																								$ 0.60
Ybelka Saint Hilaire [Member]
Fair Value Of Warrants Issued	$ 5																					$ 5
Warrant Issuance Price	$ 0.000025																					$ 0.000025
Warrants Issued To Purchase Common Stcok	200,000																					200,000
Warrants Exercise Price	$ 0.60																					$ 0.60

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RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Jun. 30, 2022	Dec. 31, 2021	Sep. 09, 2020	Jul. 10, 2020	Jul. 01, 2020	Jun. 09, 2020	May 29, 2020	May 20, 2020	May 19, 2020	May 11, 2020	May 08, 2020	May 04, 2020	May 01, 2020	Apr. 28, 2020	Mar. 13, 2020	Mar. 01, 2020	Jan. 01, 2020
Accounts Payable And Accrued Expenses To Related Party	$ 1,029,690
Notes Payable, Related Party	$ 15,300	$ 3,912
Share Price	$ 0.50
Willy A. Saint-Hilaire [Member]
Share Price	0.000025														$ 0.000025	$ 0.000025
Warrants Issued, Price Per Share																$ 25
Warrants Issued To Purchase Common Stock																1,000,000
Warrants, Exercise Price																$ 0.60
Malcolm Ziman [Member]
Share Price	0.000025										$ 0.000025
Warrants Issued, Price Per Share											$ 5
Warrants Issued To Purchase Common Stock											200,000
Warrants, Exercise Price											$ 0.60
Mohammad Sadrolashrafi [Member]
Share Price	0.000025		$ 0.50							$ 0.000025
Warrants Issued, Price Per Share										$ 12.50
Warrants Issued To Purchase Common Stock										500,000
Warrants, Exercise Price										$ 0.60
Brian D Colvin [Member]
Share Price	0.000025										0.000025
Warrants Issued, Price Per Share											$ 25
Warrants Issued To Purchase Common Stock											1,000,000
Warrants, Exercise Price											$ 0.60
Theresa Kitt [Member]
Share Price	$ 0.000025				$ 0.000025
Warrants Issued, Price Per Share					$ 5
Warrants Issued To Purchase Common Stock					200,000
Warrants, Exercise Price					$ 0.60
Convertible Notes Payable [Member]
Notes Payable, Related Party	$ 16,028
Non-Convertible Notes Payable [Member]
Notes Payable, Related Party	$ 15,300
Shahram Khial [Member]
Share Price	$ 0.000025			$ 0.000025										$ 0.00002
Warrants Issued, Price Per Share				$ 12.50										$ 12.50
Warrants Issued To Purchase Common Stock				500,000										500,000
Warrants, Exercise Price				$ 0.60										$ 0.60
Marvin A Saint-Hilaire [Member]
Share Price	0.000025								$ 0.000025
Warrants Issued, Price Per Share									$ 2.50
Warrants Issued To Purchase Common Stock									100,000
Warrants, Exercise Price									$ 0.60
Joan R. Saint-Hilaire [Member]
Share Price	0.000025								0.000025
Warrants Issued, Price Per Share									$ 2.50
Warrants Issued To Purchase Common Stock									100,000
Warrants, Exercise Price									$ 0.60
Mike Zaman [Member]
Share Price	0.000025												$ 0.000025
Warrants Issued, Price Per Share													$ 25
Warrants Issued To Purchase Common Stock													1,000,000
Warrants, Exercise Price													$ 0.60
Managerial Services																	$ 20,000
Montse Zaman [Member]
Share Price	0.000025												0.000025
Warrants Issued, Price Per Share													$ 25
Warrants Issued To Purchase Common Stock													1,000,000
Warrants, Exercise Price													$ 0.60
Administrative Services																	5,000
Brett Matus [Member]
Share Price	0.000025										0.000025
Warrants Issued, Price Per Share											$ 5
Warrants Issued To Purchase Common Stock											200,000
Warrants, Exercise Price											$ 0.60
Arnulfo Saucedo-Bardan [Member]
Share Price	0.000025											$ 0.000025
Warrants Issued, Price Per Share												$ 25
Warrants Issued To Purchase Common Stock												1,000,000
Warrants, Exercise Price												$ 0.60
Jacob Colvin [Member]
Share Price	0.000025										0.000025
Warrants Issued, Price Per Share											$ 5
Warrants Issued To Purchase Common Stock											200,000
Warrants, Exercise Price											$ 0.60
Willy Rafael Saint-Hilaire [Member]
Share Price	0.000025							$ 0.000025
Warrants Issued, Price Per Share								$ 5
Warrants Issued To Purchase Common Stock								200,000
Warrants, Exercise Price								$ 0.60
Ybelka Saint Hilaire [Member]
Share Price	0.000025						$ 0.000025
Warrants Issued, Price Per Share							$ 5
Warrants Issued To Purchase Common Stock							200,000
Warrants, Exercise Price							$ 0.60
Kenneth Cornell Bosket [Member]
Share Price	$ 0.000025					$ 0.000025
Warrants Issued, Price Per Share						$ 25
Warrants Issued To Purchase Common Stock						1,000,000
Warrants, Exercise Price						$ 0.60
Administrative Services																	$ 5,000

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STOCK HOLDERS DEFICIT (Details Narrative) - USD ($)	Jun. 30, 2022	May 03, 2022	Mar. 09, 2022	Dec. 31, 2021	Mar. 13, 2020	Feb. 13, 2020
Cash Proceeds From Share Issued		$ 4,000	$ 10,000
Restricted Common Share Issued		8,000	20,000
Share Price		$ 0.50	$ 0.50
Preferred Stock Series A Designated	1,000
Preferred Stock Series A Outstanding, Share	1,000
Common Stock, Shares Authorized	450,000,000			450,000,000
2006 Equity Incentive Plan [Member]
Options Issued To Purchase Common Stock	3,000,000
Common Stock, Shares Authorized	3,000,000
Non-qualified stock warrants [Member]
Options Issued To Purchase Common Stock					2,000,000	1,000,000
Options Exercise Price					$ 0.60	$ 0.60

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INCOME TAXES (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Net Operating Loss	$ 860,447	$ 753,258
Valuation Allowance	(860,447)	(753,258)
Net Deferred Tax Asset	0	0
Income Tax [Member]
Net Operating Loss	860,447	753,258
Valuation Allowance	(860,447)	(753,258)
Net Deferred Tax Asset	$ 0	$ 0

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INCOME TAXES (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
INCOME TAXES
Net Operating Loss Carry Forward	$ 4,097,367	$ 3,586,945
Corporate Tax Rate	21.00%
Description Of Expiration Of Operating Loss Carryforwards	expire in the year 2032