SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
Jun. 30, 2026
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Note 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES *Basis of presentation* The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s second quarter period-end is June 30, 2026. *Principles of consolidation* The accompanying consolidated financial statements include the accounts of Global Asset Management Group, Inc. and its consolidated subsidiaries, including Bella Rio Marketing Agency, Inc., DC Rental Portfolio Corp., AMT Management Corp., RI Property Holdings, Inc., Memorial Real Estate Group LLC, Sustainable Properties, LLC, and the applicable subsidiaries and acquired entities included in the Sustainable Properties transactions. The financial results of acquired entities are included in the consolidated financial statements from the respective dates on which the Company obtained control. All material intercompany accounts and transactions have been eliminated in consolidation. *Use of Estimates* The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates. *Cash and Cash Equivalents* The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company had $187,933 in cash as of June 30, 2026. *Fair Value of Financial Instruments* ASC Topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market. These tiers include: Level 1: defined as observable inputs such as quoted prices in active markets; Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity. *Income Taxes* Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized. *Revenue Recognition* The Company recognizes revenue in accordance with Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (“ASC 606”). Under ASC 606, revenue is recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. The Company applies the five-step model under ASC 606 by: (i) identifying the contract with the customer; (ii) identifying the performance obligations in the contract; (iii) determining the transaction price; (iv) allocating the transaction price to the performance obligations in the contract; and (v) recognizing revenue when, or as, the Company satisfies a performance obligation. Revenue is recognized when the applicable performance obligation has been satisfied, which generally occurs when services have been performed or goods have been delivered, control has transferred to the customer, the transaction price is determinable, and collection is reasonably assured. Amounts received in advance of satisfying performance obligations, if any, are deferred and recognized as revenue when the related performance obligations are satisfied. The Company evaluates its revenue arrangements to determine whether it is acting as principal or agent, whether multiple performance obligations exist, whether variable consideration should be constrained, and whether amounts should be recognized over time or at a point in time based on the nature of the promised goods or services and the terms of the applicable arrangement. *Basic Income (Loss) Per Share* The Company computes income (loss) per share in accordance with FASB ASC Topic 260 “Earnings Per Share.” Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of June 30, 2026, the Company had issued convertible promissory notes with an aggregate principal amount of $9,748,000, consisting of $9,500,000 with conversion rights beginning in October 2026 and $248,000 of notes issued to related parties during 2026 that become convertible at the holder’s option six months after their respective issue dates. The shares potentially issuable upon conversion of these notes were excluded from diluted loss per share because their effect would have been anti-dilutive for the periods presented. Because the conversion price is based on a formula referencing future market prices, the number of shares issuable upon conversion could not be determined as of June 30, 2026. Basic and diluted loss per share was $(0.00170) for the three months ended June 30, 2026 and $(0.00334) for the six months then ended, computed on weighted average common shares outstanding of 433,559,451 and 386,898,051, respectively. Basic and diluted loss per share was $(0.00011) for the three months ended June 30, 2025 and $(0.00066) for the six months then ended, computed on weighted average common shares outstanding of 83,654,525 for both periods. Basic and diluted amounts are the same for every period presented because the Company reported a net loss for each period and all potentially issuable common shares were anti-dilutive. *Stock-Based Compensation* Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options. *Capitalized Interest* Interest incurred during the construction period on qualifying assets is capitalized as a cost of those assets in accordance with ASC Topic 835-20, “Interest — Capitalization of Interest.” The Company’s real estate assets under development are qualifying assets, and the capitalization period continues while activities necessary to prepare the assets for their intended use are in progress. Interest during the construction period is funded from an interest reserve escrowed at loan closing; the lender draws on the reserve and applies it to the interest obligation, and the amount so applied is transferred from the escrowed interest reserve to construction period interest. Capitalized construction period interest was $652,647 at June 30, 2026, consisting of $591,945 at 653 East Cap and $60,702 at Rhode Island Property Holdings, Inc. Capitalization ceases when the assets are substantially complete and ready for their intended use, after which interest is charged to expense as incurred. *Recent Accounting Pronouncements* We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Jun. 30, 2026

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Note 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The accompanying financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America. The Company’s second quarter period-end is June 30, 2026.

Principles of consolidation

The accompanying consolidated financial statements include the accounts of Global Asset Management Group, Inc. and its consolidated subsidiaries, including Bella Rio Marketing Agency, Inc., DC Rental Portfolio Corp., AMT Management Corp., RI Property Holdings, Inc., Memorial Real Estate Group LLC, Sustainable Properties, LLC, and the applicable subsidiaries and acquired entities included in the Sustainable Properties transactions. The financial results of acquired entities are included in the consolidated financial statements from the respective dates on which the Company obtained control. All material intercompany accounts and transactions have been eliminated in consolidation.

Use of Estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company had $187,933 in cash as of June 30, 2026.

Fair Value of Financial Instruments

ASC Topic 820 “Fair Value Measurements and Disclosures” establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable in the market.

These tiers include:

Level 1: defined as observable inputs such as quoted prices in active markets;

Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

The carrying value of cash and the Company’s loan from shareholder approximates its fair value due to their short-term maturity.

Income Taxes

Income taxes are computed using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

Revenue Recognition

The Company recognizes revenue in accordance with Accounting Standards Codification Topic 606, Revenue from Contracts with Customers (“ASC 606”). Under ASC 606, revenue is recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services.

The Company applies the five-step model under ASC 606 by: (i) identifying the contract with the customer; (ii) identifying the performance obligations in the contract; (iii) determining the transaction price; (iv) allocating the transaction price to the performance obligations in the contract; and (v) recognizing revenue when, or as, the Company satisfies a performance obligation.

Revenue is recognized when the applicable performance obligation has been satisfied, which generally occurs when services have been performed or goods have been delivered, control has transferred to the customer, the transaction price is determinable, and collection is reasonably assured. Amounts received in advance of satisfying performance obligations, if any, are deferred and recognized as revenue when the related performance obligations are satisfied.

The Company evaluates its revenue arrangements to determine whether it is acting as principal or agent, whether multiple performance obligations exist, whether variable consideration should be constrained, and whether amounts should be recognized over time or at a point in time based on the nature of the promised goods or services and the terms of the applicable arrangement.

Basic Income (Loss) Per Share

The Company computes income (loss) per share in accordance with FASB ASC Topic 260 “Earnings Per Share.” Basic loss per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. As of June 30, 2026, the Company had issued convertible promissory notes with an aggregate principal amount of $9,748,000, consisting of $9,500,000 with conversion rights beginning in October 2026 and $248,000 of notes issued to related parties during 2026 that become convertible at the holder’s option six months after their respective issue dates. The shares potentially issuable upon conversion of these notes were excluded from diluted loss per share because their effect would have been anti-dilutive for the periods presented. Because the conversion price is based on a formula referencing future market prices, the number of shares issuable upon conversion could not be determined as of June 30, 2026. Basic and diluted loss per share was $(0.00170) for the three months ended June 30, 2026 and $(0.00334) for the six months then ended, computed on weighted average common shares outstanding of 433,559,451 and 386,898,051, respectively. Basic and diluted loss per share was $(0.00011) for the three months ended June 30, 2025 and $(0.00066) for the six months then ended, computed on weighted average common shares outstanding of 83,654,525 for both periods. Basic and diluted amounts are the same for every period presented because the Company reported a net loss for each period and all potentially issuable common shares were anti-dilutive.

Stock-Based Compensation

Stock-based compensation is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not granted any stock options.

Capitalized Interest

Interest incurred during the construction period on qualifying assets is capitalized as a cost of those assets in accordance with ASC Topic 835-20, “Interest — Capitalization of Interest.” The Company’s real estate assets under development are qualifying assets, and the capitalization period continues while activities necessary to prepare the assets for their intended use are in progress. Interest during the construction period is funded from an interest reserve escrowed at loan closing; the lender draws on the reserve and applies it to the interest obligation, and the amount so applied is transferred from the escrowed interest reserve to construction period interest. Capitalized construction period interest was $652,647 at June 30, 2026, consisting of $591,945 at 653 East Cap and $60,702 at Rhode Island Property Holdings, Inc. Capitalization ceases when the assets are substantially complete and ready for their intended use, after which interest is charged to expense as incurred.

Recent Accounting Pronouncements

We have reviewed all the recently issued, but not yet effective, accounting pronouncements and we do not believe any of these pronouncements will have a material impact on the Company.