INVESTMENTS	12 Months Ended
Dec. 31, 2021
INVESTMENTS
INVESTMENTS	NOTE 6 – INVESTMENTS The Company owns 80% of CCS and includes the accounting records of CCS in its consolidated financial statements. As of December 31, 2021, the non-controlling interest in CCS as recorded on the consolidated balance sheet was $78,728 and reported year to date 2021 net loss of noncontrolling interest of $18,290. On November 23, 2021, the Company entered into a simple agreement for future equity (the "SAFE") with Cityfreighter, Inc. ("Cityfreighter"), pursuant to which the Company invested $250,000 (the "Purchase Amount"). Cityfreighter is a California based developer of electric low-floor trucks for the last mile delivery industry. Beyond Commerce received customary representations and warranties from Cityfreighter. The SAFE provides the Company with the right to either (a) future equity in Cityfreighter when it completes an Equity Financing (as defined below), or (b) future equity in Cityfreighter or cash proceeds if there is a liquidity or dissolution event. The Company included the $250,000 investment in Cityfreighter on the balance sheet. This investment is not accounted for under the equity method. On December 2, 2021 the Company executed a binding Letter of Intent ("LOI") with Elettricars (of Italy) to attain the exclusive U.S. rights to its low-speed electric vehicle ("LSEV"). Elettricars is focused on manufacturing and commercializing a low-speed electric vehicle ("LSEV"), a 4-wheeled motor vehicle, not an ATV, with a top speed of 25 mph and weighs less than 3,000 lbs. The Company paid Elettricars an initial payment in the amount of $50,000 in connection with the execution of a Definitive Agreement, which is being held in escrow. On March 12, 2022 the Company, upon further due diligence, agreed not to enter into a definitive agreement for the acquisition of the US rights to Elettricars’ intellectual property. The initial payment of $50,000 held in escrow was returned to the Company.

INVESTMENTS

12 Months Ended

Dec. 31, 2021

NOTE 6 – INVESTMENTS

The Company owns 80% of CCS and includes the accounting records of CCS in its consolidated financial statements. As of December 31, 2021, the non-controlling interest in CCS as recorded on the consolidated balance sheet was $78,728 and reported year to date 2021 net loss of noncontrolling interest of $18,290.

On November 23, 2021, the Company entered into a simple agreement for future equity (the "SAFE") with Cityfreighter, Inc. ("Cityfreighter"), pursuant to which the Company invested $250,000 (the "Purchase Amount"). Cityfreighter is a California based developer of electric low-floor trucks for the last mile delivery industry. Beyond Commerce received customary representations and warranties from Cityfreighter. The SAFE provides the Company with the right to either (a) future equity in Cityfreighter when it completes an Equity Financing (as defined below), or (b) future equity in Cityfreighter or cash proceeds if there is a liquidity or dissolution event. The Company included the $250,000 investment in Cityfreighter on the balance sheet. This investment is not accounted for under the equity method.

On December 2, 2021 the Company executed a binding Letter of Intent ("LOI") with Elettricars (of Italy) to attain the exclusive U.S. rights to its low-speed electric vehicle ("LSEV"). Elettricars is focused on manufacturing and commercializing a low-speed electric vehicle ("LSEV"), a 4-wheeled motor vehicle, not an ATV, with a top speed of 25 mph and weighs less than 3,000 lbs. The Company paid Elettricars an initial payment in the amount of $50,000 in connection with the execution of a Definitive Agreement, which is being held in escrow. On March 12, 2022 the Company, upon further due diligence, agreed not to enter into a definitive agreement for the acquisition of the US rights to Elettricars’ intellectual property. The initial payment of $50,000 held in escrow was returned to the Company.