Black Bird Biotech (BBBT) 10-Q 23 Nov 20 2020 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2020	Nov. 17, 2020
Cover [Abstract]
Entity Registrant Name	Digital Development Partners, Inc.
Entity Central Index Key	0001409999
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2020
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2020
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		158,975,000
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2020	Dec. 31, 2019
CURRENT ASSETS
Cash and cash equivalents	$ 47,884	$ 973
Accounts receivable, less allowance of $4,461 at September 30, 2020	4,461	0
Inventory	39,370	0
Deposit	20,000	0
Total current assets	111,715	973
FIXED ASSETS
Machinery and equipment	520	0
Total fixed assets	520	0
TOTAL ASSETS	112,235	973
Current liabilities
Accounts payable and accrued liabilities	48,047	267,195
Due to related party	6,917	0
Related-party note payable	6,670	874,573
Third-party notes payable, net of discount related to conversion feature of $13,329	36,671	0
Total current liabilities	98,305	1,141,768
TOTAL LIABILITIES	98,305	1,141,768
STOCKHOLDERS' EQUITY
Common stock, $0.00001 par value, 225,000,000 shares authorized, 155,225,000 and 85,970,665 shares issued and outstanding at September 30, 2020, and December 31, 2019, respectively	155,225	85,971
Stockholder receivable	(1,000)	0
Additional paid-in capital	8,909,901	7,488,946
Retained earnings (accumulated deficit)	(9,050,196)	(8,715,712)
Total stockholders' equity	13,930	(1,140,795)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 112,235	$ 973

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Current Assets
Allowances for doubtful account receivables	$ 4,461	$ 0
Current liabilities
Third-party notes payable, net of discount	$ 13,329	$ 0
STOCKHOLDERS' EQUITY
Common Stock, Shares Par Value	$ 0.00001	$ 0.00001
Common Stock, Shares Authorized	225,000,000	225,000,000
Common Stock, Shares, Issued	155,225,000	85,970,665
Common Stock, Shares, Outstanding	155,225,000	85,970,665

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Consolidated Statements of Operations (Unaudited)
Sales	$ 20,240	$ 11,122	$ 56,114	$ 15,962
Cost of goods sold	8,807	7,792	22,072	20,138
Gross profit (loss)	11,433	3,330	34,042	(4,176)
Expenses
Consulting services	149,909	19,500	189,208	32,000
Website expense	6,020	4,399	9,354	7,815
Legal and professional services	55,338	1,100	98,288	9,300
Product distribution and development costs	3,000	4,591	7,121	38,023
Beneficial conversion expense	9,997	0	16,661	0
General and administrative	14,455	10,831	45,784	18,045
Total expenses	238,719	40,421	366,416	105,183
Net operating loss	(227,286)	(37,091)	(332,374)	(109,359)
Other expense
Net other income (expense)	91	300	91	300
Interest expense	(2,140)	0	(2,201)	0
Total other income (expense)	(2,049)	300	(2,110)	300
Profit (loss) before taxes	(229,335)	(36,791)	(334,484)	(109,059)
Income tax expense	0	0	0	0
Net profit (loss)	$ (229,335)	$ (36,791)	$ (334,484)	$ (109,059)
Net profit (loss) per common share
Basic	$ 0	$ 0	$ 0	$ 0
Diluted	$ 0	$ 0	$ 0	$ 0
Weighted average number of common shares outstanding:
Basic	152,725,000	85,970,665	150,973,996	85,970,665
Diluted	163,106,208	85,970,665	154,451,262	85,970,665

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders Equity (Deficit) (unaudited) - USD ($)	Total	Common Stock	Stockholder Recievable	Additional Paid-In Capital	Retained Earnings (Accumulated Deficit)
Balance, shares at Dec. 31, 2018		85,970,665
Balance, amount at Dec. 31, 2018	$ (1,018,828)	$ 85,971	$ 0	$ 7,488,946	$ (8,593,745)
Net loss	(29,416)	$ 0	0	0	(29,416)
Balance, shares at Mar. 31, 2019		85,970,665
Balance, amount at Mar. 31, 2019	(1,048,244)	$ 85,971	0	7,488,946	(8,623,161)
Net loss	(28,978)	$ 0	0	0	(28,978)
Balance, shares at Jun. 30, 2019		85,970,665
Balance, amount at Jun. 30, 2019	(1,077,222)	$ 85,971	0	7,488,946	(8,652,139)
Net loss	(30,856)	$ 0	0	0	(30,856)
Balance, shares at Sep. 30, 2019		85,970,665
Balance, amount at Sep. 30, 2019	(1,108,078)	$ 85,971	0	7,488,946	(8,682,995)
Balance, shares at Dec. 31, 2019		85,970,665
Balance, amount at Dec. 31, 2019	(1,140,795)	$ 85,971	0	7,488,946	(8,715,712)
Net loss	(68,554)	$ 0	0	0	(68,554)
Cancellation of stock, shares		(79,265,000)
Cancellation of stock, amount	0	$ (79,265)	0	79,265	0
Stock issued for debt cancellation, shares		23,294,335
Stock issued for debt cancellation, amount	1,133,097	$ 23,294	0	1,109,803	0
Effect of issuance related to acquisition of Black Bird Potentials Inc., shares		120,000,000
Effect of issuance related to acquisition of Black Bird Potentials Inc., amount	114,945	$ 120,000	(1,000)	(4,055)	0
Inventory contributed to additional paid-in capital by related party	399	$ 0	0	399	0
Stock issued for services, shares		100,000
Stock issued for services, amount	8,000	$ 100	0	7,900	0
Balance, shares at Mar. 31, 2020		150,100,000
Balance, amount at Mar. 31, 2020	47,092	$ 150,100	(1,000)	8,682,258	(8,784,266)
Balance, shares at Dec. 31, 2019		85,970,665
Balance, amount at Dec. 31, 2019	(1,140,795)	$ 85,971	0	7,488,946	(8,715,712)
Balance, shares at Sep. 30, 2020		155,225,000
Balance, amount at Sep. 30, 2020	13,930	$ 155,225	(1,000)	8,909,901	(9,050,196)
Balance, shares at Mar. 31, 2020		150,100,000
Balance, amount at Mar. 31, 2020	47,092	$ 150,100	(1,000)	8,682,258	(8,784,266)
Net loss	(36,595)	$ 0	0	0	(36,595)
Stock issued for services, shares		125,000
Stock issued for cash, amount	2,500	$ 125	0	2,375	0
Beneficial conversion related to convertible debt	29,990	$ 0	0	29,990	0
Balance, shares at Jun. 30, 2020		150,225,000
Balance, amount at Jun. 30, 2020	42,987	$ 150,225	(1,000)	8,714,623	(8,820,861)
Net loss	(229,335)	0	0	0	(229,335)
Inventory contributed to additional paid-in capital by related party	278	$ 0	0	278	0
Stock issued for services, shares		5,000,000
Stock issued for cash, amount	200,000	$ 5,000	0	195,000	0
Balance, shares at Sep. 30, 2020		155,225,000
Balance, amount at Sep. 30, 2020	$ 13,930	$ 155,225	$ (1,000)	$ 8,909,901	$ (9,050,196)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (334,484)	$ (109,059)
Adjustments to reconcile net loss to net cash used for operating activities:
Stock issued for services	8,000	0
Account receivable	0	(8,922)
Non-cash beneficial conversion expense	16,661	0
Accrued interest	2,201	0
Inventory	(29,906)	(2,206)
Deposit	0	(20,000)
Accrued expenses	33,876	0
Net cash used for operating activities	(303,652)	(140,187)
CASH FLOWS FROM INVESTING ACTIVITIES
Machinery and equipment	(520)	0
Net cash used for investing activities	(520)	0
CASH FLOWS FROM FINANCING ACTIVITIES
Loans payable - related party	6,670	0
Loans payable - third parties	50,000	0
Proceeds from issuance of common stock	202,500	123,106
Advances from related party	6,917	0
Net cash provided by financing activities	266,087	123,106
Net increase (decrease) in cash and cash equivalents	(38,085)	17,081
Cash and cash equivalents at beginning of period	973	37,662
Cash and cash equivalents at end of period	47,884	20,581
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued to repay related party debt	1,133,097	0
Inventory contributed for capital	677	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Income taxes paid	0	0
Interest expense	$ 0	$ 0

BASIS OF PRESENTATION AND NATUR

BASIS OF PRESENTATION AND NATURE OF OPERATIONS	9 Months Ended
	Sep. 30, 2020
BASIS OF PRESENTATION AND NATURE OF OPERATIONS
1. BASIS OF PRESENTATION AND NATURE OF OPERATIONS	Basis of Presentation The accompanying unaudited interim financial statements have been prepared in accordance with accounting principles generally accepted in the U.S. (“GAAP”) for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information required by GAAP for complete annual financial statement presentation. These unaudited interim financial statements, as of September 30, 2020, and for the nine months ended September 30, 2020 and 2019, reflect all adjustments consisting of normal recurring adjustments, which, in the opinion of management, are necessary to fairly present the Company’s financial position and the results of its operations for the periods presented, in accordance with the accounting principles generally accepted in the United States of America. Operating results for the nine months ended September 30, 2020, are not necessarily indicative of the results to be expected for other interim periods or for the full year ending December 31, 2020. These unaudited interim financial statements should be read in conjunction with the financial statements and accompanying notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the Securities Exchange Commission. Nature of Operations From 2015 until the January 1, 2020 acquisition of Black Bird Potentials Inc., a Wyoming corporation (“Black Bird”), the Company was a “shell company,” as defined in Rule 12b-2 of the Securities Exchange Act of 1934. The Company’s Board of Directors has adopted the business plan of Black Bird and the Company’s ongoing operations now include those of Black Bird. References to “the Company” include Black Bird. The Company is engaged in the production and sale of consumer products, including products containing Cannabidiol, or CBD, derived from industrial hemp that contains no more than 0.3% THC. The Company’s products are marketed under the “Grizzly Creek Naturals” trademark. Also, the Company is a licensed participant in the Montana Hemp Pilot Program, under which the Company is a grower of industrial hemp. The Company has developed an environmentally-friendly biopesticide, MiteXstream, that eliminates mold, mildew and many pests, including spider mites, which are significant problems in the cultivation of cannabis (marijuana and industrial hemp) and hops. In January 2019, the Company applied to the U.S. Environmental Protection Agency for the certification of MiteXstream as a biopesticide. Sales of MiteXstream will not commence until EPA certification is achieved.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN	9 Months Ended
	Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN	Going Concern The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company had a working capital deficit as of December 31, 2019, and a small positive working capital position at September 30, 2020. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s activities will necessitate significant uses of working capital beyond 2019. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates. Cash and Cash Equivalents and Restricted Cash Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of September 30, 2020, and December 31, 2019. Income Taxes The Company accounts for income taxes utilizing ASC 740, “Income Taxes”. ASC 740 requires the measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company currently has substantial net operating loss carry forwards. The Company has recorded a 100% valuation allowance against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Basic and Diluted Net Loss Per Share Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. At September 30, 2020, there were potentially dilutive securities outstanding. Related Parties A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party. Recent Accounting Pronouncements Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

ACQUISITION OF BLACK BIRD POTEN

ACQUISITION OF BLACK BIRD POTENTIALS INC.	9 Months Ended
	Sep. 30, 2020
ACQUISITION OF BLACK BIRD POTENTIALS INC.
3. ACQUISITION OF BLACK BIRD POTENTIALS INC.	Effective January 1, 2020, the Company consummated a plan and agreement of merger (the “Merger Agreement”) with Black Bird Potentials Inc., a Wyoming corporation (Black Bird), pursuant to which Black Bird became a wholly-owned subsidiary of the Company. Pursuant to the Merger Agreement, the Company issued 120,000,000 shares of its common stock to the shareholders of Black Bird and four persons were added to the Company’s Board of Directors. Pursuant to the Merger Agreement, the Company’s four new directors were issued a total of 100,178,661 shares of Company common stock. Thus, a change in control of the Company occurred in connection with the Merger Agreement.

COMMON STOCK

COMMON STOCK	9 Months Ended
	Sep. 30, 2020
COMMON STOCK
4. COMMON STOCK	Acquisition of Black Bird Effective January 1, 2020, the Company consummated the Merger Agreement with Black Bird. Pursuant to the Merger Agreement, the Company issued 120,000,000 shares of its common stock to the shareholders of Black Bird and four persons were added to the Company’s Board of Directors. Pursuant to the Merger Agreement, the Company’s four new directors were issued a total of 100,178,661 shares of Company common stock. Thus, a change in control of the Company occurred in connection with the Merger Agreement. Stock Cancellation Agreement In conjunction with the Merger Agreement, the Company entered into a cancellation of stock agreement with its former majority shareholder, EFT Holdings, Inc., whereby it cancelled all 79,265,000 shares of common stock then owned by EFT Holdings, Inc. Debt Forgiveness Agreements In conjunction with the Merger Agreement, the Company entered into debt forgiveness agreements with related parties, as follows: · EFT Holdings, Inc. · EF2T, Inc. · Astonia LLC Common Stock Issued for Services In March 2020, the Company issued 100,000 shares of common stock to two third-party consultants pursuant to a consulting agreement, which shares were valued at $.08 per share, or $8,000, in the aggregate. In addition to the issuance of such shares, the third-party consultants are to be paid $500 per month and a sales commission equal to 5% of sales made through Black Bird’s GrizzlyCreekNaturals.com website. The term of the consulting agreement expired September 30, 2020. Common Stock Issued for Cash During the nine months ended September 30, 2020, the Company sold 125,000 shares of its common stock to a third party for $2,500 in cash, or $.02 per share. Also during the nine months ended September 30, 2020, the Company sold a total of 5,000,000 shares of its common stock for a total of $200,000, or $.04 per share, in cash, under its Offering Statement on Form 1-A (File No. 254-11215) (the “Regulation A Offering”).

STOCKHOLDER RECEIVABLE

STOCKHOLDER RECEIVABLE	9 Months Ended
	Sep. 30, 2020
STOCKHOLDER RECEIVABLE
5. STOCKHOLDER RECEIVABLE	At September 30, 2020, cash relating to a stockholder receivable of Black Bird for $1,000, which stockholder receivable became a part of the Company’s outstanding common stock history, upon its acquisition of Black Bird. The stockholder receivable relates to 42,885 shares of Company common stock.

AMENDMENT OF ARTICLES OF INCORP

AMENDMENT OF ARTICLES OF INCORPORATION	9 Months Ended
	Sep. 30, 2020
AMENDMENT OF ARTICLES OF INCORPORATION
6. AMENDMENT OF ARTICLES OF INCORPORATION	In January 2020, the Company filed a Certificate of Amendment to our Articles of Incorporation to change its corporate name to “Black Bird Potentials Inc.” In January 2020, application was made to FINRA for approval and implementation of the corporate name change. FINRA did not approve such filing, due to an extended passage of time from the Company’s initial filing and its being late in filing certain of its periodic reports. The Company intends to re-file for approval of the corporate name change action, at an as-yet undetermined time in the near future.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2020
RELATED PARTY TRANSACTIONS
7. RELATED PARTY TRANSACTIONS	Acquisition of Black Bird Effective January 1, 2020, the Company consummated the Merger Agreement with Black Bird. Pursuant to the Merger Agreement, the Company issued 120,000,000 shares of its common stock to the shareholders of Black Bird and four persons were added to the Company’s Board of Directors. Pursuant to the Merger Agreement, the Company’s four new directors were issued a total of 100,178,661 shares of Company common stock. Thus, a change in control of the Company occurred in connection with the Merger Agreement. Stock Cancellation Agreement In conjunction with the Merger Agreement, the Company entered into a cancellation of stock agreement with its former majority shareholder, EFT Holdings, Inc., whereby it cancelled all 79,265,000 shares of common stock then owned by EFT Holdings, Inc. Debt Forgiveness Agreements In conjunction with the Merger Agreement, the Company entered into debt forgiveness agreements with related parties, as follows: EFT Holdings, Inc. EF2T, Inc. Astonia LLC Advances from Related Parties Nine Months Ended September 30, 2020 During the nine months ended September 30, 2020, advances of $6,917 were received from EF2T, Inc. The amounts due EF2T, Inc. do not bear interest and are due on demand. During the nine months ended September 30, 2020, advances of $6,670 were received from Astonia LLC. The amounts due Astonia LLC bear interest at 5% per year and have a maturity of one year. As of September 30, 2020, the Company owed Astonia LLC $105 in accrued and unpaid interest. Facility Lease In May 2020, Black Bird entered into a facility lease with Grizzly Creek Farms, LLC, an entity owned by one of the Company’s directors, Fabian G. Deneault, with respect to approximately 2,000 square feet of manufacturing space located in Ronan, Montana. Monthly rent under such lease is $1,500 and the initial term of such lease expires in December 2025. The Company utilizes the leased facility for the manufacture of products, including its FDA-listed hand sanitizer products. Distribution Agreement Effective January 1, 2019, Black Bird entered into a Distribution and Private Label Agreement (the “Distribution Agreement”) with Thoreauvian Product Services, LLC, a company controlled by two of the Company’s officers and directors, Fabian G. Deneault and Eric Newlan, relating to the Company’s licensed biopesticide product, MiteXstream (the “Private Label Product”). The Distribution Agreement has an initial term of 10 years and a single 10-year renewal term. Under the Distribution Agreement, the Company has the exclusive right to distribute and sell the Private Label Product in the United States and Canada. In addition, the Company is required to pay a $20,000 exclusivity fee and to purchase $20,000 of the Private Label Product in conjunction with the signing of the Distribution Agreement and to purchase not less than $20,000 of the Private Label Product each year. In addition, the Company is required to pay all costs in excess of $20,000 associated with MiteXstream’s becoming approved by the U.S. EPA (and relevant states) as a pesticide. During the nine months ended September 30, 2020, the Company paid a total of $6,000 in EPA-related costs.

LOANS PAYABLE THIRD PARTIES

LOANS PAYABLE THIRD PARTIES	9 Months Ended
	Sep. 30, 2020
LOANS PAYABLE THIRD PARTIES
8. LOANS PAYABLE - THIRD PARTIES	Convertible Promissory Notes In April 2020, the Company obtained a total of $50,000 in loans from two third parties ($25,000 from each). In consideration of each loan, the Company issued a $25,000 face amount convertible promissory note that bears interest at 10% per annum, with principal and interest due in January 2021. Each such convertible promissory note may be converted into shares of Company common stock at the rate of one share for each $.001 of debt converted anytime after August 30, 2020, until the due date of the notes. As of September 30, 2020, the Company had an unamortized debt discount of $23,324 related to the beneficial conversion feature that will be amortized over the remaining lives of the loans.

LOANS PAYABLE RELATED PARTIES

LOANS PAYABLE RELATED PARTIES	9 Months Ended
	Sep. 30, 2020
LOANS PAYABLE RELATED PARTIES
9. LOANS PAYABLE - RELATED PARTIES	Nine Months Ended September 30, 2020 During the nine months ended September 30, 2020, the Company entered into three separate debt forgiveness agreements with related parties: EFT Holdings, Inc. EF2T, Inc. Astonia LLC During the nine months ended September 30, 2020, advances of $6,670 were received from Astonia LLC. The amounts due Astonia LLC bear interest at 5% per year and have a maturity of one year. As of September 30, 2020, the Company owed Astonia LLC $105 in accrued and unpaid interest. The following table sets forth outstanding loans payable to related parties as of September 30, 2020, and December 31, 2019, respectively. Principal Amount Due Accrued Interest Amount Due Total Amount Due Name of Lender 9/30/20 12/31/19 9/30/20 12/31/19 9/30/20 12/31/19 EFT Holdings, Inc.* $ --- $ 634,323 $ --- $ 251,785 $ --- $ 886,108 EF2T, Inc. $ --- $ 105,250 $ --- $ 4,742 $ --- $ 109,992 Astonia LLC $ 6,670 $ 135,000 $ 105 $ 1,997 $ 6,775 $ 136,997 * Until the Company’s acquisition of Black Bird, EFT Holdings, Inc. was its majority shareholder.

DISTRIBUTION AGREEMENTS

DISTRIBUTION AGREEMENTS	9 Months Ended
	Sep. 30, 2020
DISTRIBUTION AGREEMENTS
10. DISTRIBUTION AGREEMENTS	Tri-State Distributor In March 2020, Black Bird entered into a regional development and distribution agreement with Northland Partners, LLC (the “Tri-State Distributor”), who will focus on distribution of Black Bird’s products in North Dakota, South Dakota and Minnesota. Tri-State Distributor has the right to distribute Black Bird’s products anywhere in the United States. Las Vegas Distributor In June 2020, Black Bird terminated its distribution agreement with its Las Vegas-based distributor, due to non-performance. In July 2020, Black Bird entered into a distribution agreement with Hope Botanicals, LLC with respect to its becoming a replacement for the terminated Las Vegas-based distributor. Hope Botanicals has the right to distribute Black Bird’s products anywhere in the United States. Montana Distributor In September 2020, Black Bird entered into a distribution agreement with Raghorn Wholesale, who will focus on distribution of Black Bird’s products in Montana, Idaho and North Dakota. Raghorn has the right to distribute Black Bird’s products anywhere in the United States.

REGULATION A OFFERING

REGULATION A OFFERING	9 Months Ended
	Sep. 30, 2020
REGULATION A OFFERING
11. REGULATION A OFFERING	In May 2020, the Company filed the Regulation A Offering with SEC with respect to 20,000,000 shares of common stock, which was qualified by the SEC on August 4, 2020. Through September 30, 2020, the Company sold a total of 5,000,000 shares of its common stock for a total of $200,000, or $.04 per share, in cash, under the Regulation A Offering.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2020
SUBSEQUENT EVENTS
12. SUBSEQUENT EVENTS	In October 2020, the Company sold a total of 3,750,000 shares of its common stock for a total of $150,000, or $.04 per share, in cash, under the Regulation A Offering. Other Management has evaluated subsequent events through November 23, 2020.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN (Policies)	9 Months Ended
	Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN
Going Concern	The Company’s financial statements are prepared using generally accepted accounting principles in the United States of America applicable to a going concern which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenues sufficient to cover its operating costs and allow it to continue as a going concern. The Company had a working capital deficit as of December 31, 2019, and a small positive working capital position at September 30, 2020. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s activities will necessitate significant uses of working capital beyond 2019. Additionally, the Company’s capital requirements will depend on many factors, including the success of the Company’s researching for new markets. The Company plans to continue financing its operations with cash received from financing activities, more specifically from related party loans. While the Company strongly believes that its capital resources will be sufficient in the near term, there is no assurance that the Company’s activities will generate sufficient revenues to sustain its operations without additional capital or if additional capital is needed, that such funds, if available, will be obtainable on terms satisfactory to the Company. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classification of liabilities that might be necessary in the event that the Company cannot continue as a going concern.
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates.
Cash and Cash Equivalents and Restricted Cash	Cash and equivalents include investments with initial maturities of three months or less. The Company had no cash equivalents as of September 30, 2020, and December 31, 2019.
Income Taxes	The Company accounts for income taxes utilizing ASC 740, “Income Taxes”. ASC 740 requires the measurement of deferred tax assets for deductible temporary differences and operating loss carry forwards, and of deferred tax liabilities for taxable temporary differences. Measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. The effects of future changes in tax laws or rates are not included in the measurement. The Company recognizes the amount of taxes payable or refundable for the current year and recognizes deferred tax liabilities and assets for the expected future tax consequences of events and transactions that have been recognized in the Company’s financial statements or tax returns. The Company currently has substantial net operating loss carry forwards. The Company has recorded a 100% valuation allowance against net deferred tax assets due to uncertainty of their ultimate realization. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.
Basic and Diluted Net Loss Per Share	Net loss per share is calculated in accordance with ASC 260, Earnings per Share, for the period presented. Basic net loss per share is based upon the weighted average number of common shares outstanding. Diluted net loss per share is based on the assumption that all dilutive convertible shares and stock options were converted or exercised. Dilution is computed by applying the treasury stock method. Under this method, options and warrants are assumed exercised at the beginning of the period (or at the time of issuance, if later), and as if funds obtained thereby were used to purchase common stock at the average market price during the period. At September 30, 2020, there were potentially dilutive securities outstanding.
Related Parties	A party is considered to be related to the Company if the party directly or indirectly or through one or more intermediaries, controls, is controlled by, or is under common control with the Company. Related parties also include principal owners of the Company, its management, members of the immediate families of principal owners of the Company and its management and other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests. A party which can significantly influence the management or operating policies of the transacting parties or if it has an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests is also a related party.
Recent Accounting Pronouncements	Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

LOANS PAYABLE RELATED PARTIES (

LOANS PAYABLE RELATED PARTIES (Tables)	9 Months Ended
	Sep. 30, 2020
LOANS PAYABLE RELATED PARTIES
LOANS PAYABLE - RELATED PARTIES	Principal Amount Due Accrued Interest Amount Due Total Amount Due Name of Lender 9/30/20 12/31/19 9/30/20 12/31/19 9/30/20 12/31/19 EFT Holdings, Inc.* $ --- $ 634,323 $ --- $ 251,785 $ --- $ 886,108 EF2T, Inc. $ --- $ 105,250 $ --- $ 4,742 $ --- $ 109,992 Astonia LLC $ 6,670 $ 135,000 $ 105 $ 1,997 $ 6,775 $ 136,997

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN (Details Narrative)	9 Months Ended
	Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND GOING CONCERN
Valuation allowance against net deferred tax assets	100.00%

ACQUISITION OF BLACK BIRD POT_2

ACQUISITION OF BLACK BIRD POTENTIALS INC (Details Narrative) - Black Bird Potentials Inc. [Member] - January 1, 2020 [Member]	9 Months Ended
	Sep. 30, 2020integershares
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares	120,000,000
Number of directors | integer	4
Shares issued to director as part of acquisition	100,178,661

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative)	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)$ / shares	Jun. 30, 2020USD ($)	Sep. 30, 2020USD ($)integer$ / sharesshares
Common stock, shares issued for cash, shares			125,000
Price per share | $ / shares	$ 0.04		$ 0.04
Common stock, shares sold			5,000,000
Proceeds from common stock shares sold | $			$ 200,000
Common stock, shares issued for cash, amount | $			$ 2,500
Stock Issued During Period, Value, New Issues | $	$ 200,000	$ 2,500
Black Bird Potentials Inc. [Member] | January 1, 2020 [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares			120,000,000
Shares issued to director as part of acquisition			100,178,661
Number of directors | integer			4
EFT Holdings, Inc. [Member]
Debt Conversion, Converted Instrument, Amount | $			$ 886,108
Debt Conversion, Converted Instrument, Shares Issued			18,221,906
Common stock shares cancelled of related party			79,265,000
EF2T, Inc. [Member]
Common stock, shares issued for cash, shares			2,240,768
Common stock, shares issued for cash, amount | $			$ 109,992
Debt Conversion, Converted Instrument, Amount | $			$ 109,992
Debt Conversion, Converted Instrument, Shares Issued			2,240,768
Astonia LLC [Member]
Debt Conversion, Converted Instrument, Amount | $			$ 136,997
Debt Conversion, Converted Instrument, Shares Issued			2,831,661
Common Stock Issued [Member]
Price per share | $ / shares	$ 0.08		$ 0.08
Commission to be paid to consulatation on sale of common stock, description			In addition to the issuance of such shares, the third-party consultants are to be paid $500 per month and a sales commission equal to 5% of sales made through Black Bird’s GrizzlyCreekNaturals.com website.
Stock Issued During Period, Value, New Issues | $			$ 100,000
Stock Issued During Period, Shares, New Issues			8,000

STOCKHOLDER RECEIVABLE (Details

STOCKHOLDER RECEIVABLE (Details Narrative) - Black Bird Potentials Inc. [Member]	9 Months Ended
	Sep. 30, 2020USD ($)shares
Stockholder receivable, shares | shares	42,885
Stockholder receivable, value | $	$ 1,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative)	1 Months Ended	9 Months Ended
	May 31, 2020USD ($)integer	Sep. 30, 2020USD ($)integershares	Sep. 30, 2019USD ($)
Advances from related party		$ 6,917	$ 0
Total related cost		6,000
Common stock shares isseud upon indebtedness, principal and accrued interest, amount		$ 2,500
Common stock shares isseud upon indebtedness, principal and accrued interest, shares | shares		125,000
EF2T, Inc. [Member]
Advances from related party		$ 6,917
Common stock shares isseud upon indebtedness, principal and accrued interest, amount		$ 109,992
Common stock shares isseud upon indebtedness, principal and accrued interest, shares | shares		2,240,768
EFT Holdings, Inc. [Member]
Common stock shares cancelled of related party | shares		79,265,000
Astonia LLC [Member]
Advances from related party		$ 6,670
Interest rate		5.00%
Accrued interest		$ 105
Maturity period		1 year
Debt Forgiveness Agreements [Member] | EFT Holdings, Inc. [Member]
Common stock shares isseud upon indebtedness, principal and accrued interest, amount		$ 18,221,906
Common stock shares isseud upon indebtedness, principal and accrued interest, shares | shares		886,108
Debt Forgiveness Agreements [Member] | Astonia LLC [Member]
Common stock shares isseud upon indebtedness, principal and accrued interest, amount		$ 136,997
Common stock shares isseud upon indebtedness, principal and accrued interest, shares | shares		2,831,661
Grizzly Creek Farms, LLC [Member]
Frequency of rent, Black Bird	Monthly
Lease expiration date, Black Bird	December 2025
Leased area, Black Bird | integer	2,000
Lease rent, Black Bird	$ 1,500
January 1, 2019 [Member]
Exclusivity fess upon product purchase		$ 20,000
Product value		$ 20,000
Debt description		In addition, the Company is required to pay a $20,000 exclusivity fee and to purchase $20,000 of the Private Label Product in conjunction with the signing of the Distribution Agreement and to purchase not less than $20,000 of the Private Label Product each year.
Other excess cost payment		$ 20,000
January 1, 2020 [Member] | Black Bird Potentials Inc. [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		120,000,000
Number of directors | integer		4
Shares issued to director as part of acquisition | shares		100,178,661

LOANS PAYABLE THIRD PARTIES (De

LOANS PAYABLE THIRD PARTIES (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	Apr. 30, 2020	Sep. 30, 2020	Sep. 30, 2019
Unamortized debt discount		$ 23,324
Loans payable - third parties		50,000	$ 0
Loans payable - related party		$ 6,670	$ 0
Convertible Promissory Note [Member] | Third Party 2 [Member]
Loans payable - related party	$ 25,000
Debt instrument, conversion price	$ .001
Debt instrument, maturity date	January 2021
Debt instrument, face amount	$ 25,000
Debt instrument, interest rate	10.00%
Convertible Promissory Note [Member] | Third Party 1 [Member]
Loans payable - related party	$ 25,000
Debt instrument, conversion price	$ .001
Debt instrument, maturity date	January 2021
Debt instrument, face amount	$ 25,000
Debt instrument, interest rate	10.00%

LOANS PAYABLE RELATED PARTIES_2

LOANS PAYABLE RELATED PARTIES (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
EFT Holdings, Inc. [Member]
Loan payable, principal		$ 634,323
Interest payable	$ 0	251,785
Loan payable, total	0	886,108
EF2T, Inc. [Member]
Loan payable, principal		105,250
Interest payable	0	4,742
Loan payable, total	0	109,992
Astonia LLC [Member]
Loan payable, principal	6,670	135,000
Interest payable	105	1,997
Loan payable, total	$ 6,775	$ 136,997

LOANS PAYABLE RELATED PARTIES_3

LOANS PAYABLE RELATED PARTIES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2020	Dec. 31, 2019
Common stock shares issued upon indebtedness, principal and accrued interest, shares	125,000
Common stock shares issued upon indebtedness, principal and accrued interest, amount	$ 2,500
Loans payable - related party	$ 6,670	$ 874,573
EF2T, Inc. [Member]
Common stock shares issued upon indebtedness, principal and accrued interest, shares	2,240,768
Common stock shares issued upon indebtedness, principal and accrued interest, amount	$ 109,992
Astonia LLC [Member]
Accrued interest	105
Loans payable - related party	$ 6,670
Interest rate	5.00%
Maturity period	1 year
Debt Forgiveness Agreements [Member] | EFT Holdings, Inc. [Member]
Common stock shares issued upon indebtedness, principal and accrued interest, shares	886,108
Common stock shares issued upon indebtedness, principal and accrued interest, amount	$ 18,221,906
Debt Forgiveness Agreements [Member] | Astonia LLC [Member]
Common stock shares issued upon indebtedness, principal and accrued interest, shares	2,831,661
Common stock shares issued upon indebtedness, principal and accrued interest, amount	$ 136,997

REGULATION A OFFERING (Details

REGULATION A OFFERING (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	May 31, 2020	Sep. 30, 2020
REGULATION A OFFERING (Details Narrative)
Number of shares for regulation offering statement	20,000,000
Proceeds from common stock shares sold		$ 200,000
Price per share		$ 0.04
Common stock, shares sold		5,000,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	1 Months Ended	9 Months Ended
	Oct. 30, 2020	Sep. 30, 2020
Common stock, shares sold		5,000,000
Price per share		$ 0.04
Proceeds from common stock shares sold		$ 200,000
Subsequent Event [Member]
Common stock, shares sold	3,750,000
Price per share	$ 0.04
Proceeds from common stock shares sold	$ 150,000