RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)

6 Months Ended

Jun. 30, 2026

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

Schedule of consolidated balance sheet restatement reconciliation

		As Previously Reported				Restatement Adjustments				As Restated
ASSETS
Cash		$	64,180			$	123,753			$	187,933
Accounts receivable			-				210,190				210,190
Due from related parties			-				844,606				844,606
Notes receivable from officer, including accrued interest			72,750				178,405				251,155
Prepaid insurance			45,658				3,576				49,234
Total current assets			182,588				1,360,530				1,543,118
Escrow holdback			1,176,776				666,163				1,842,939
Property and equipment, net			7,612,869				13,224,421				20,837,290
Construction in progress			784,245				475,932				1,260,177
Deferred financing costs			151,939				322,456				474,395
Total assets		$	9,908,417			$	16,049,502			$	25,957,919
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Accounts payable and accrued expenses		$	4,000			$	1,187,949			$	1,191,949
Due to related parties			28,925				52,236				81,161
Loans payable to officers			98,302				-				98,302
Note payable, Daniel W. Snyder			21,830				-				21,830
Accrued interest payable			34,953				205,036				239,989
Security deposits held			8,022				-				8,022
Notes payable			-				12,355,184				12,355,184
Total current liabilities			196,032				13,800,405				13,996,437
Mortgage debt			9,989,625				1,457,879				11,447,504
Other long-term liabilities			-				2,069,387				2,069,387
Total other liabilities			9,989,625				3,527,266				13,516,891
Total liabilities			10,185,657				17,327,671				27,513,328
Common stock			4,401,529				-				4,401,529
Additional paid-in capital			35,723,833				(171,480	)			35,552,353
Accumulated deficit			(40,402,601	)			(1,106,690	)			(41,509,291	)
Total stockholders’ equity (deficit)		$	(277,239	)		$	(1,278,170	)		$	(1,555,409	)
Total liabilities and stockholders’ equity (deficit)		$	9,908,417			$	16,049,502			$	25,957,919

Schedule of statement of operations restatement reconciliation

		As Previously Reported				Restatement Adjustments				As Restated
Revenue		$	3,274			$	232,987			$	236,261
Cost of sales			-				-				-
Gross profit			3,274				232,987				236,261
Bank charges and fees			96				2,435				2,531
Legal and professional services			12,250				54,429				66,679
General and administrative expenses			165,872				189,075				354,947
Amortization and other expenses			76,598				65,108				141,706
Property management expense			77,309				(13,953	)			63,356
Insurance expense			15,378				25,128				40,506
Transfer agent			-				16,761				16,761
Interest expense			52,320				233,453				285,773
Total operating expenses			399,824				572,435				972,259
Loss from operations		$	(396,550	)		$	(339,448	)		$	(735,998	)
Total other income (expense)			-				-				-
Net loss		$	(396,550	)		$	(339,448	)		$	(735,998	)

		As Previously Reported				Restatement Adjustments				As Restated
Revenue		$	96,474			$	263,040			$	359,514
Cost of sales			-				-				-
Gross profit			96,474				263,040				359,514
Bank charges and fees			965				2,439				3,404
Legal and professional services			12,250				115,908				128,158
General and administrative expenses			165,872				647,096				812,968
Amortization and other expenses			153,196				68,791				221,987
Property management expense			94,609				(12,401	)			82,208
Insurance expense			30,757				10,640				41,397
Transfer agent			-				16,761				16,761
Interest expense			104,662				240,809				345,471
Total operating expenses			562,311				1,090,043				1,652,354
Loss from operations		$	(465,837	)		$	(827,003	)		$	(1,292,840	)
Total other income (expense)			-				-				-
Net loss		$	(465,837	)		$	(827,003	)		$	(1,292,840	)

Schedule of statement of cash flows restatement reconciliation

		As Previously Reported				Restatement Adjustments				As Restated
Net cash used in operating activities		$	(64,242	)		$	(1,011,024	)		$	(1,075,266	)
Net cash used in investing activities			(92,135	)			(1,640,685	)			(1,732,820	)
Net cash provided by financing activities			171,480				2,746,526				2,918,006
Net increase in cash			15,104				94,816				109,920
Cash acquired on consolidation at the acquisition dates			-				28,936				28,936
Cash, beginning of period			49,077				-				49,077
Cash, end of period		$	64,180			$	123,753			$	187,933