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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities    
Net Loss from Operations $ (92,771,369) $ (12,933,924)
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:    
Depreciation 85,354 15,225
Amortization of Right -Of - Use Asset 284,730 182,120
Amortization of Debt Discount 50,871,869 9,217
Shared-based Compensation & Expense 134,192 1,584,412
Impairment on Promissory Note 421,754
Foreign Exchange Transaction Gain (1,842,128) (960,268)
Unrealized Loss on Securities Investment 35,972,445 10,883,271
Realized Loss on Securities Investment 2,218,988
(Gain) Loss on Equity Method Investment (87,390) 193,132
Changes in Operating Assets and Liabilities    
Real Estate Development 4,878,334 (544,419)
Account Receivables (767,987) 134,324
Prepaid Expense (8,412) (1,801,795)
Trading Securities (2,419,797)
Inventory 37,368 55,486
Accounts Payable and Accrued Expenses (1,217,298) 1,660,971
Accrued Interest - Related Parties 306,438 (788,748)
Deferred Revenue (1,302,086) 2,747,121
Operating Lease Liability (263,584) (221,838)
Builder Deposits (1,017,400) (636,522)
Income Tax Payable (170,630)
Net Cash Used in Operating Activities (6,485,979) (592,865)
Net Cash Used in Discontinued Operating Activities (522,435)
Net Cash Used in Operating Activities (6,485,979) (1,115,300)
Cash Flows from Investing Activities    
Purchase of Fixed Assets (220,712) (10,133)
Purchase of Real Estate Properties (11,081,491)
Proceeds from Global Opportunity Fund Liquidation 301,976
Sales of Investment Securities 110,718
Purchase of Investment Securities (19,308,318) (182,641)
Sales of Investment Securities to Related Party 2,480,000
Cash Loss on Deconsolidation of American Pacific Bancorp Inc. (1,235,953)
Issuing Loan Receivable - Related Parties (327,603)
Proceed from Loan Receivable - Related Parties 840,000 (119,389)
Net Cash Used in Investing Activities (28,743,359) (10,187)
Net Cash Provided by Discontinued Investing Activities
Net Cash Used in Investing Activities (28,743,359) (10,187)
Cash Flows from Financing Activities    
Proceeds from Common Stock Issuance 73,157,884
Proceeds from Exercise of Subsidiary Warrants 2,975,194 10,682,772
Proceeds from Sale of Subsidiary Shares 280,000 2,787,791
Dividend Paid on Preferred Stock (73,750) (73,041)
Borrowings from Banks 738,783
Borrowing from PPP Loan 68,502
Distribution to Non-controlling Interest Shareholders (1,398,250) (197,400)
Repayment to Notes Payable (695,635) (250,000)
Proceeds from Notes Payable - Related Parties 5,545,495
Proceeds Repayment to Notes Payable - Related Parties (2,622,400) (4,728,484)
Net Cash Provided by (Used in) Financing Activities 77,237,040 (8,960,421)
Net Cash Provided by Discontinued Financing Activities
Net Cash Provided by (Used in) Financing Activities 77,237,040 (8,960,421)
Net Increase in Cash and Restricted Cash 42,007,702 7,834,934
Effects of Foreign Exchange Rates on Cash (802,048) 40,348
Cash and Restricted Cash - Beginning of Year 31,735,479 8,546,763
Cash and Restricted Cash- End of Period 72,941,133 16,422,045
Supplementary Cash Flow Information    
Cash Paid for Interest 17,659 13,843
Cash Paid for Taxes 446,757
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Unrealized Loss on Investment (56,969)
Initial Recognition of ROU / Lease Liability 256,928
Acquiring True Partner Stock by Issuing Promissory Note 10,003,689
Sales of Investment in Vivacitas to Related Party 2,279,872
Transactions under Common Control 57,190,499
Intrinsic Value of BCF (50,770,192)
Convertible Notes to Stock 64,226,566
American Pacific Bancorp Inc. Deconsolidation 27,904,857
Gain from Exercise of American Premium Water warrant 605,000
Purchase of Fixed Asset with Promissory Note $ 95,000