v3.25.1
SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 14 – SUBSEQUENT EVENTS

The following are subsequent events that the Company considers may be material: 

· Net money raised from investors since December 31, 2024 was $787,500
·

CETI took out a loan of $93,150 from a previous lender in January 2025. As before, this loan has a conversion option and will create derivative accounting in the 1st Qtr 2025.

· CETI signed a deal with a company to spin off the Alvey Oil Field.  The transaction is dependent upon the new company raising capital which as of April 11, 2025 it has not yet done.
· CETI has been approved to raise money via Green Bonds – money used for environmentally friendly projects and provides favorable tax treatment for investors.
· CETI has opened up offices in London, England and Dubai, UAE to help support pending operations in the Middle East
· In February of 2022 an individual invested in CETI with an assurance of a guaranteed within three years (February 2025).  CETI's stock fell short of that amount so the company agreed to settle the agreement with a combination of cash and stock. The liability of $295,000 for the total of cash and stock was recorded as of December 31, 2024.