DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

NOTE 5 – DISCONTINUED OPERATIONS

On March 19, 2018, the Board of Directors of the Company approved the disposal of HLM Paymeon, Inc. and Paymeon Brands, Inc. as they made a strategic shift into the basalt fiber reinforced polymer business with the acquisition of Basalt America. The disposal of HLM Paymeon, Inc. was effective May 1, 2018. As a result of this disposal under ASC 205-20-45-1E, the Company has presented the assets and liabilities of this segment as held for sale and as discontinued operations and have reclassified the prior year balances to reflect this strategic shift.

	For the Years Ended December 31,
	2017			2016
Revenues	$	37,909		$	394,219
Cost of goods sold		39,663			235,472
Gross profit (loss)		(1,754	)		158,747
Expenses
General and administrative		78,168			357,659
Payroll expense		7,320			126,658
Consulting		86,172			37,000
Depreciation and amortization expense		18,466			64,851
Loss on conversion of debt		—			1,078,232
Loss on lease		221,328			—
Total expenses from discontinued operations		411,454			1,664,400
Loss from discontinued operations	$	(413,208	)	$	(1,505,653	)

PAYMEON, INC. AND SUBSIDIARIES

BALANCE SHEETS FROM DISCONTINUED OPERATIONS (HELD FOR SALE)

	December 31, 2017		December 31, 2016
Current assets held for sale - Inventory	$	—	$	11,916
Current liabilities held for sale – purchase order financing	$	4,000	$	5,885