v3.24.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (786,897) $ (297,091)
Less net income from discontinued operations (130,362)
Adjustments to reconcile net (loss) to net cash provided by (used by) operating activities:    
Depreciation and amortization 807 1,092
Amortization of discount on investment in account receivable (9,559) (27,091)
(Gain) loss on investment in securities at fair value 19,925 (715)
     Loss on long-term investments 250,208
Decrease (increase) in operating assets    
Accounts receivable - trade (900)
Accrued interest receivable (45,000)
Prepaid expenses and other current assets (5,781) (2,629)
Increase (decrease) in operating liabilities    
Accounts payable 3,331 5,568
Accrued expenses (31,986) 25,715
Accrued salary, retirement, and benefits - related party 30,134 19,205
Net cash provided by (used by) operating activities (574,818) (407,208)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of investment securities (14,899)
Distributions from Waste Consolidators, Inc. 54,809
Purchases of property and equipment (2,291)
Proceeds from investment in receivable 117,900
Net cash (used by) investing activities - continuing operations 155,519
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from related party loans 50,545
Proceeds from Waste Consolidators, Inc. note payable   63,121
Paid in capital adjustment - stock repurchase (286)
Payments on repurchase of stock (173,350) (7,884)
Net cash provided by (used by) financing activities - continuing operations (173,636) 105,782
Net change in cash - continuing operations (748,454) (145,907)
Operating cash flow - discontinued operations 365,506
Investing activities - discontinued operations (137,870)
Financing activities - discontinued operations (400,929)
Net change in cash (748,454) (319,200)
Cash beginning of period - continued operations 2,431,299 283,431
Cash beginning of period - discontinued operations 506,499
Beginning cash 2,431,299 789,930
Cash - end of period - continued operations 1,682,845 137,524
Cash - end of period - discontinued operations 333,207
Ending cash 1,682,845 470,731
SUPPLEMENTARY INFORMATION:    
Cash paid for interest – all operations (32,425)
Less cash paid for interest – discontinued operations (16,412)
Cash paid for interest – continued operations (48,837)
Cash paid for income taxes – all operations 14,289 11,224
Less cash paid for income taxes – discontinued operations (5,784)
Cash paid for income taxes – continued operations 14,289 5,440
NON-CASH INVESTING AND FINANCING TRANSACTIONS:    
Right of use assets acquired through finance lease liability - all operations 934,905
Less right of use assets acquired through finance lease liability - discontinued operations (934,905)
Right of use assets acquired through finance lease liability

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