Discontinued Operations

9 Months Ended

Sep. 30, 2020

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

NOTE 13 – DISCONTINUED OPERATIONS

On January 1, 2020, the Company determined that it would discontinue its business operations in North Dakota, specifically, ADM Enterprises LLC (the “Disposed Company”). The Company has made a settlement with Ardell Mees to provide him with the assets of the Disposed Company and in exchange, Mr. Mees will assume all liabilities of the Disposed Company. As part of the transaction, Mr. Mees resigned from all positions with the Company and, in a private transaction, sold a significant portion of his ownership in the Company to Marc Johnson. The Company and Mr. Mees entered into an indemnification agreement whereby Mr. Mees indemnified the Company for any liabilities of the Disposed Company.

Reconciliation of the Items Constituting Profit and (Loss)

from Discontinued Operations

For the Nine Months Ended September 30,

(unaudited)

	2020		2019
Revenue	$	-	$	81,841
Direct costs of revenue				9,999
General and administrative				52,805
Income from operations				19,037
Gain on disposal		96,635
Net income	$	96,635	$	19,037