SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	15. SUBSEQUENT EVENTS Closing of Lot Sale On October 10, 2024, 150 CCM Black Oak Ltd. (the “Seller”), a wholly owned subsidiary of LiquidValue Development Inc., closed the sale of 72 single-family detached residential lots comprising a section of a residential community in the city of Magnolia, Texas known as the “Lakes at Black Oak” to Century Land Holdings of Texas, LLC. The lots were sold at a fixed per-lot price, and the Seller also received a community enhancement fee for each lot sold. The aggregate purchase price and community enhancement fees, minus certain expenses, equaled a combined total of approximately $3.9 million. Promissory Note Extension On January 17, 2024, the Company received a Convertible Promissory Note (the “Original Convertible Note”) from Sharing Services Global Corp. (“SHRG”), an affiliate of the Company, in exchange for a $250,000 loan made by the Company to SHRG. Under the terms of the Original Convertible Note, the Company could, at its discretion, convert a portion or all of the outstanding balance due under the Original Convertible Note into shares of SHRG’s common stock at the average closing market price of SHRG stock within the last three (3) days from the date of conversion notice. The Original Convertible Note bore a 10% interest rate and had a scheduled maturity six (6) months from the date of the note, or July 17, 2024. The maturity date was subsequently extended, following the agreement of both parties. On November 12, 2024, the Company entered into terms with SHRG to waive all interest previously accrued under the Original Convertible Note, and supersede the conditions thereof. The principal $250,000 loan was carried forward under a new Convertible Promissory Note (the “New Convertible Note”), and under the terms of the New Convertible Note, the Company may, at its discretion, convert a portion or all of the original principal into shares of SHRG’s common stock at a fixed rate of $0.10 per share. The New Convertible Note bears an 8% interest rate and has a scheduled maturity of the second (2nd) anniversary of the date thereof, or November 12, 2026.

SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2024

15. SUBSEQUENT EVENTS

Closing of Lot Sale

On October 10, 2024, 150 CCM Black Oak Ltd. (the “Seller”), a wholly owned subsidiary of LiquidValue Development Inc., closed the sale of 72 single-family detached residential lots comprising a section of a residential community in the city of Magnolia, Texas known as the “Lakes at Black Oak” to Century Land Holdings of Texas, LLC. The lots were sold at a fixed per-lot price, and the Seller also received a community enhancement fee for each lot sold. The aggregate purchase price and community enhancement fees, minus certain expenses, equaled a combined total of approximately $3.9 million.

Promissory Note Extension

On January 17, 2024, the Company received a Convertible Promissory Note (the “Original Convertible Note”) from Sharing Services Global Corp. (“SHRG”), an affiliate of the Company, in exchange for a $250,000 loan made by the Company to SHRG. Under the terms of the Original Convertible Note, the Company could, at its discretion, convert a portion or all of the outstanding balance due under the Original Convertible Note into shares of SHRG’s common stock at the average closing market price of SHRG stock within the last three (3) days from the date of conversion notice. The Original Convertible Note bore a 10% interest rate and had a scheduled maturity six (6) months from the date of the note, or July 17, 2024. The maturity date was subsequently extended, following the agreement of both parties. On November 12, 2024, the Company entered into terms with SHRG to waive all interest previously accrued under the Original Convertible Note, and supersede the conditions thereof. The principal $250,000 loan was carried forward under a new Convertible Promissory Note (the “New Convertible Note”), and under the terms of the New Convertible Note, the Company may, at its discretion, convert a portion or all of the original principal into shares of SHRG’s common stock at a fixed rate of $0.10 per share. The New Convertible Note bears an 8% interest rate and has a scheduled maturity of the second (2nd) anniversary of the date thereof, or November 12, 2026.