NOTE 5 - PROPERTY, INVENTORY AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

Notes

NOTE 5 - PROPERTY, INVENTORY AND EQUIPMENT

NOTE 5 - PROPERTY, INVENTORY AND EQUIPMENT

Notes to Inventory Type and Value:

Inventory consists of Finished Product and Raw Materials that are valued at the lower of cost or market.

Management performed an analysis a elected to fully impair the inventory on hand at December 31, 2019

Raw Materials:

Raw materials consist of rebar, insulation, surfactant, powdered cement, threaded inserts and sundry items. The cost of $2,100 is based on the cost of purchase from a non-related supplier.

Property and Equipment at December 31, 2019 were comprised of the following at:

	December 31, 2019	December 31, 2018
Capital Equipment	$              75,355	$              34,517
Property	-	100,000
Vehicles	6,344	4,844
Accumulated Depreciation	(22,638)	(17,846)
Net Fixed Assets	59,061	$            122,035

Depreciation expense was $5,228 for the year ended December 31, 2019 and 5,228 for the year ending December 31, 2018