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NOTE - 10 SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2019
Notes  
NOTE - 10 SUBSEQUENT EVENTS

NOTE - 10 SUBSEQUENT EVENTS

 

At the time of filing the Company has fully implemented its planned start-up strategy which has now positioned itself in an operational state of production.

The Company’s specialized systems and major new equipment procurements have been integrated and installed into a fully operational batch plant and product manufacturing is in process.

The Company is at the verge of delivering full house sets as its next tactical step in securing self-sustaining revenue capital.

Subsequent to December 31, 2019 the company has procured funding by the issue of 3 convertible notes. On January 13, we issued a $20K, 12-month, 10% interest note to RB Capital. On February 10, we issued a $25K, 12-month, 10% interest note to RB Capital and on March 9, we issued a $35K, 12-month, 8% interest note to LG Capital.

During the period January 1st, 2020 to April 7th, 2020, the Company issued a total of 62,433,402 shares from treasury. There were 12,433,402 shares issued to Noteholders through stock conversions and 50 million shares were issued to Management and Associates as compensation for services to the Company.

In accordance with ASC 855, the Company has analyzed its operations subsequent to December 31, 2019 through the date these financial statements were issued, and has determined that it does not have any other material subsequent events to disclose in these financial statements.