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SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2020
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 11 – SUBSEQUENT EVENTS

 

Subsequent to September 30, 2020, the Company issued or has agreed to issue shares of its common stock as follows:

 

  (i) 77,450,000 shares of restricted common stock issued under subscription agreements for proceeds of approximately $195,225 to be used for general corporate purposes, working capital and repayment of debt;

 

  (ii) 5,000,000 shares paid to lease a vessel; and

 

  (ii) 2,980,943 shares of restricted common stock were issued for services.

 

Per the new share exchange agreement from August of 2020 the Company exchanged 10,000 common shares of P&S for 60,000,000 shares of its common stock, effectively reversing the original transaction. The 60,000,000 shares that the Company received were returned to the treasury and then cancelled.