Restatement

6 Months Ended

Mar. 31, 2021

Prior Period Adjustment [Abstract]

Error Correction [Text Block]

Note 12 – Restatement

On February 9, 2021, Fuse Group and Processing entered into a Share Exchange Agreement with five individuals who owned Portafolio en Investigacion Ambiental S.A. de C.V., a Mexican company (“Portafolio”). The Company has prepared stock certificates for 14,285,715 shares of  Fuse Shares but has not delivered them to the Sellers and such stock certificates for Fuse Shares were subsequently cancelled on October 20, 2021. The acquisition has not been completed yet as of March 31, 2021 as the Company was waiting for the completion of the transfer of the Mexican Shares from the sellers to the Processing, the $1,000,000 was incorrectly recorded as an asset for prepayment for acquisition of mining rights.  The Company has re-evaluated the Share Exchange Agreement with Portafolio and determined the transaction was recorded in error as the share exchange has not yet occurred.  After reconsideration, the Company determined that the Fuse Shares were incorrectly described as being issued, as they remained in the custody of the Company, so not delivered (i.e. provided as consideration) to the selling shareholders of  Portafolio. 

The following table presents the effects of the restatement on the accompanying consolidated balance sheet at March 31, 2021:

	As Previously Reported		Restated		Net Adjustment
Prepayment for acquisition of mining rights	$	1,000,000	$	-	$	(1,000,000	)
Total assets	$	2,193,521	$	1,193,521	$	(1,000,000	)
Common stock	$	79,064	$	64,778	$	(14,286	)
Additional paid in capital		7,935,431		6,949,717		(985,714	)
Total company stockholders’ equity		2,015,116		1,015,116		(1,000,000	)
Total liabilities and stockholders’ equity	$	2,193,521	$	1,193,521	$	(1,000,000	)