INCREASE IN OWNERSHIP INTEREST OF SUBSIDIARIES

12 Months Ended

Dec. 31, 2022

Increase In Ownership Interest Of Subsidiaries

INCREASE IN OWNERSHIP INTEREST OF SUBSIDIARIES

12. INCREASE IN OWNERSHIP INTEREST OF SUBSIDIARIES

During the year ended December 31, 2022, the Company increased ownership in certain of its subsidiaries. The following table summarizes the increase in ownership interest of subsidiaries during the years ended December 31, 2022:

	Additional				Total Increase in
	Paid-In		Non-Controlling		Ownership Interest
Subsidiary	Capital		Interest		of Subsidiary
ACS	$	1,800,000	$	-	$	1,800,000
SMC		100,000		2,111,000		2,211,000
AVLP		-		254,000		254,000
Total	$	1,900,000	$	2,365,000	$	4,265,000