v3.23.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
OPERATING ACTIVITIES    
Net income (loss) $ (3,651,833) $ (2,056,654)
Adjustments to reconcile net loss to net cash used in operating activities    
Unrealized (gain) loss in precious metals (21,445) 43,359
Depreciation 861 2,439
Loss from settlement of debt with related party 3,867,927 1,775,668
Gain on extinguishment of debt (30,250)
(Gain) loss on sale of precious metals (56,709) (83,714)
Changes in operating assets and liabilities    
Accounts receivable 219
Inventories – coins and precious metals (280,839) (336,710)
Prepaid expenses 500 7,801
Accounts payable and accrued expenses (101,376) 270,255
Net cash used in operating activities (273,164) (377,337)
INVESTING ACTIVITIES    
Cash used in investing activities
FINANCING ACTIVITIES    
Proceeds from PPP loans 30,250
Proceeds from note payable from related parties 259,687 285,100
Proceeds from shareholders receivable 45,100
Net cash provided by financing activities 259,687 360,450
Net change in cash (13,477) (16,887)
Cash, beginning of period 30,168 47,055
Cash, end of period 16,691 30,168
SUPPLEMENTAL DISCLOSURE OF CASH FLOW ACTIVITIES:    
Interest
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH    
Shares issued in exchange for related party debt 3,106,120 2,011,039
Common stock issued for conversion of preferred shares 200,000
Extinguishment of debt $ 30,250