Equator Beverage (MOJO) 10-Q 15 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover	9 Months Ended
	Sep. 30, 2021shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-55269
Entity Registrant Name	MOJO Organics, Inc.
Entity Central Index Key	0001414953
Entity Tax Identification Number	26-0884348
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	185 Hudson Street
Entity Address, Address Line Two	Floor 25
Entity Address, City or Town	Jersey City
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07302
City Area Code	929
Local Phone Number	264 7944
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	30,809,080

Condensed Balance Sheets (Unaud

Condensed Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
CURRENT ASSETS:
Cash and cash equivalents	$ 45,769	$ 50,233
Accounts receivable, net	134,913	73,562
Inventory	346,073	174,171
Supplier deposits	16,000	24,000
Prepaid expenses	12,829	15,104
Security deposit	113	4,518
Total Current Assets	555,697	341,588
CURRENT LIABILITIES:
Accounts payable and accrued expenses	168,453	56,167
Accrued payroll to related parties
SBA Loans		35,508
Total Current Liabilities	168,453	91,675
STOCKHOLDERS’ EQUITY
Common stock, 40,000,000 shares authorized at $0.001 par value, 30,809,080 and 30,610,240 shares issued and outstanding, at September 30, 2021 and December 31, 2020, respectively	30,809	30,610
Additional paid in capital	23,694,781	23,649,640
Accumulated deficit	(23,338,346)	(23,430,337)
Total Stockholders’ Equity	387,244	249,913
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 555,697	$ 341,588

Condensed Balance Sheets (Una_2

Condensed Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Common stock, shares authorized	40,000,000	40,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	30,809,080	30,610,240
Common stock, shares outstanding	30,809,080	30,610,240

Condensed Statements of Operati

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Revenue	$ 477,013	$ 572,620	$ 1,495,058	$ 1,450,587
Cost of Revenue	255,266	302,817	793,234	749,278
Gross Profit	221,747	269,803	701,824	701,309
Operating Expenses
Selling, general and administrative	223,571	226,798	645,341	710,432
Income/(Loss) from Operations	(1,824)	43,005	56,483	(9,123)
Other Income			35,508	2,220
Income/(Loss) Before Provision for Income Taxes	(1,824)	43,005	91,991	(6,903)
Provision for Income Taxes		1,994
Net Income/(Loss)	$ (1,824)	$ 44,999	$ 91,991	$ (6,903)
Net Income/(Loss) per common share, basic and diluted	$ 0	$ 0	$ 0	$ 0
Weighted average number of common shares outstanding, basic and diluted	32,000,552	30,248,473	31,078,770	29,877,895

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income/(loss)	$ 91,991	$ (6,903)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock issued to directors and employees	147,656	140,936
SBA Loan Forgiveness	(35,508)
Changes in assets and liabilities:
Increase in accounts receivable	(61,351)	(102,060)
Increase in inventory	(171,902)	(42,934)
Decrease/(Increase) in supplier deposits	8,000	(461)
Decrease/(Increase) in prepaid expenses and security deposit	6,679	(3,005)
Increase/(Decrease) in accounts payable and accrued expenses	112,287	(43,271)
Increase/(Decrease) in accrued payroll to officers		3,128
Net cash provided by/(used in) operating activities	97,852	(54,570)
Net cash provided by/ (used in) financing activities:
Proceeds from SBA Loan		35,508
Shares repurchased for cancellation	(102,316)	(5,250)
Net cash provided by/ (used in) financing activities	(102,316)	30,258
Net (decrease)/increase in cash and cash equivalents	(4,464)	(24,312)
Cash and cash equivalents at beginning of period	50,233	55,978
Cash and cash equivalents at end of periods	$ 45,769	$ 31,666

Condensed Statements of Cash _2

Condensed Statements of Cash Flows (Unaudited) (Parenthetical)	9 Months Ended
	Sep. 30, 2021USD ($)shares
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock Issued During Period, Value, New Issues	$ 147,656
Directors and Officers [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock Issued During Period, Shares, New Issues | shares	929,666
Stock Issued During Period, Value, New Issues	$ 147,656

Condensed Statements of Changes

Condensed Statements of Changes in Stockholders' Equity (Unaudited) - 9 months ended Sep. 30, 2021 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2020	$ 30,610	$ 23,649,640	$ (23,430,337)	$ 249,913
Beginning balance, shares at Dec. 31, 2020	30,610,240
Stock issued to Directors and employees	$ 930	146,726		147,656
Stock issued to Directors and employees, shares	929,666
Stock repurchased and returned to Treasury	$ (731)	(101,585)		(102,316)
Stock repurchased and returned to Treasury, shares	(730,826)
Net Income			91,991	91,991
Ending balance, value at Sep. 30, 2021	$ 30,809	$ 23,694,781	$ (23,338,346)	$ 387,244
Ending balance, shares at Sep. 30, 2021	30,809,080

BUSINESS

BUSINESS	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
BUSINESS	NOTE 1 – BUSINESS Overview MOJO Organics, Inc. (“MOJO” or the “Company”) is a Delaware Corporation headquartered in Jersey City, NJ. The Company engages in new product development, production, marketing, distribution and sales of beverage brands that are Non-GMO Project Verified and USDA Organic. The Company’s flagship product is MOJO Coconut Water. In addition to Coconut Water, the Company produces Sparkling Coconut Water, Coconut Water + Mango Juice, Coconut Water + Pineapple Juice and Organic Coconut Water. We seek to grow the market share of our products by expanding our hybrid distribution network through the relationships and efforts of our management and third-party partners and broker network, and new products and packaging. The company packages its beverages in 100% recyclable, Eco-Friendly packaging that can be recycled infinite times and is not made from carbon oil-based packaging. The packaging has a very low impact on the environment, and does not contribute to landfills and the pollution of our bodies of water. CURRENT OPERATIONS Sales and Distribution The Company’s flagship product is MOJO Coconut Water. In addition to Coconut Water, the Company produces Sparkling Coconut Water, Coconut Water + Mango Juice, Coconut Water + Pineapple Juice, and Organic Coconut Water. We seek to grow the market share of our products by expanding our hybrid distribution network through the relationships and efforts of our management and third-party partners and broker network, and new products and packaging. The company packages its beverages in 100% recyclable, Eco-Friendly packaging that can be recycled infinite times and is not made from carbon oil-based packaging. The packaging has a very low impact on the environment, and does not contribute to landfills and the pollution of our bodies of water. Production The Company has multiple sources for its production. The Company’s fruit sources are of high quality. The fruit is part of the overall taste and quality of our products. Currently, the Company has multiple production facilities that it could source products from, each of the facilities could supply our forecasted demand. Competition The beverage industry is competitive. Competitors in our market compete for brand recognition, ingredient sourcing, product shelf space, and e-commerce page rankings. Our competitors have similar distribution channels and retailers to deliver and sell their products. Government Regulation Within the United States, beverages are governed by the U.S. Food and Drug Administration (the “FDA”). As such, it is necessary for the Company to establish, maintain and make available for inspection records as well as to develop labels (including nutrition information) that meet FDA requirements. The Company’s production facilities are subject to FDA regulation. Employees As of September 30, 2021, the Company has two employees. The Company also uses the services of contractors, consultants and other third-parties. We contract with food brokers to represent our products to specific specialized sales channels. We utilize the services of direct sales and distribution companies that deliver and sell our products to their customers. We contract with manufacturing facilities to produce our products and outsource the storage and transportation of our products. CORPORATE HISTORY AND DEVELOPMENT The Company was incorporated in 2007 and began producing MOJO branded products in 2016. MOJO Organics Inc is headquartered in Jersey City, New Jersey and our internet site is www.MojoOrganicsInc.com. MOJO’s stock is traded on the OTC Markets under the symbol MOJO. Interim Financial Statements The accompanying unaudited interim condensed financial statements have been prepared pursuant to the rules and regulations for reporting on Form 10-Q and article 10 of Regulation S-X and the related rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and disclosures required by accounting principles generally accepted in the United States of America (“GAAP”) for complete financial statements have been condensed or omitted pursuant to such rules and regulations. However, the Company believes that the disclosures included in these financial statements are adequate to make the information presented not misleading. The unaudited interim condensed financial statements included in this document have been prepared on the same basis as the annual audited financial statements, and in the Company’s opinion, reflect all adjustments necessary for a fair presentation in accordance with GAAP and SEC regulations for interim financial statements. The results for the three and nine months ended September 30, 2021 are not necessarily indicative of the results that the Company will have for any subsequent period. These unaudited condensed financial statements should be read in conjunction with the audited financial statements and the notes to those statements for the year ended December 31, 2020 included in the Company’s Annual Report on Form 10-K.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The financial statements are prepared in conformity with GAAP. Management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents Cash equivalents include investment instruments and time deposits purchased with a maturity of three months or less. As of September 30, 2021, and September 30, 2020, the Company did no Accounts Receivable Accounts receivable are stated at the amount management expects to collect from outstanding balances. The Company provides for probable uncollectible amounts based upon its assessment of the current status of the individual receivables and after using reasonable collection efforts. The allowance for doubtful accounts as of September 30, 2021 and 2020 was zero Inventory Inventory, consisting solely of finished goods, are stated at the lower of cost (first-in, first-out method) or net realizable value (“NRV”). If necessary, the Company provides allowances to adjust the carrying value of its inventories to NRV when NRV is below cost. There were no such adjustments in 2021 or 2020. Revenue Recognition Revenue from sales of products is recognized when the related performance obligation is satisfied. The Company’s performance obligation is satisfied upon the shipment or delivery of products to customers. The Company’s products are sold on cash and credit terms which are established in accordance with standardized industry practices and typically require payment within 30 days of delivery. Costs incurred for sales incentives and discounts are accounted for as reductions in revenue. Deductions from Revenue Costs incurred for sales incentives and discounts are accounted for as reductions in revenue. These costs include payments to customers for performing merchandising activities on our behalf, including in store displays, promotions for new items and obtaining optimum shelf space. Shipping and Handling Costs Shipping and Handling Costs incurred to move finished goods from our distribution center to customer locations are included in the line Selling, General and Administrative Expenses in our Statements of Operations. Net Income/(Loss) Per Common Share The Company computes per share amounts in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 260, “Earnings per Share”. The following potentially dilutive securities have been excluded from the computation of weighted average shares outstanding as they would have had an anti-dilutive impact on the Company’s net income/(loss) per common share: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Expiration Days to Exercise As of September 30 Issued To Date Expiration Price 2021 2020 Shares underlying options outstanding Glenn Simpson 4/6/2024 918 $ 0.16 318,108 505,608 Income Taxes The Net Operating Loss Carryforwards for federal taxes was $ 3,695,829 3,695,829 776,124 332,625 1,108,749 21 50,326 9 21,568 The Company provides for income taxes using the asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The Company did no As of September 30, 2021 and September 30, 2020, the Company had no Stock-Based Compensation The Company accounts for equity based transactions under the provisions of ASC Topic 718, “ Accounting for Stock-Based Compensation”. Share based payment awards are measured at the month-end volume weighted average price (VWAP) of the equity instrument that an entity is obligated to issue when the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied. Fair value of financial instruments The carrying amounts of financial instruments, which include cash, accounts receivable, accounts payable and accrued expense, approximate their fair values due to their short-term nature.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 3 – COMMITMENTS AND CONTINGENCIES Employment Agreements Pursuant to the Amended and Restated Employment Agreement (“the Agreement”) dated April 6, 2017 date, Mr. Simpson is paid a salary of $ 5,000 67,000 44,400 200,000 The term of the Agreement is through April 1, 2025. In the event that the Agreement is terminated for good reason, the Company shall pay Mr. Simpson any accrued but unpaid salary for services rendered to the date of termination, and an amount equal to the salary at the time of termination, payable for the remainder of the current term. As of September 30, 2021, there are 42 months remaining on the Agreement. The Company’s liability on the remainder of the Agreement is $ 210,000 2,814,000 During the nine months ended September 30, 2021, the Mr. Simpson was issued 603,000

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 4 – STOCKHOLDERS’ EQUITY In June 2021, the Company decreased its Authorized Shares from 190,000,000 to 40,000,000 shares. Currently, there are 30,809,080 shares outstanding and no other classes of stock. This was a reduction of 150,000,000 Restricted Stock Issuances During the nine months ended September 30, 2021, 929,666 shares of Restricted and Non-Trading Common Stock were issued to Directors and Officers of the Company. These shares have full voting rights but are restricted for sale and transfer. The CEO exercised options to purchase 187,500 0.16 30,000 The CEO was also issued 603,000 Advisory Services On October 3, 2013, the Company entered into an agreement for strategic business advisory services, public relations services and investor relations services with Ian Thompson from Carricklee House, Strabane, Northern Ireland. In connection with this agreement, the Company issued 167,204 501,612 200,000 105,000 280,000 200,000 On June 27, 2014, the Company terminated the agreement. Empire Stock Transfer, Inc, the Company’s transfer agent was directed to process cancellation requests regarding the certificates listed below. The Board of Directors approved the Company’s irrevocable agreement to indemnify the Transfer Agent for all loss, liability or expense in carrying out the authority and direction contained on the terms of the Unanimous Written Consent to terminate the Thompson Agreement. The Transfer Agent shall maintain the right to uphold the transfer in the event of forgery. (Ian Thompson has not complied with the Company’s demand to have the physical certificates returned.) SCHEDULE OF CANCELLATION OF SHARES Certificates Registered To No. of Shares Status 605 Ian Thompson 50,000 Cancelled 606 Ian Thompson 50,000 Cancelled 607 Ian Thompson 50,000 Cancelled 608 Ian Thompson 50,000 Cancelled 610 Ian Thompson 167,204 Cancelled

STOCK OPTIONS

STOCK OPTIONS	9 Months Ended
	Sep. 30, 2021
Other Liabilities Disclosure [Abstract]
STOCK OPTIONS	NOTE 5 – STOCK OPTIONS Stock Option Activity On September 24, 2021, the Company extended the expiration date of the options granted to Mr. Glenn Simpson from April 6, 2022 to April 6, 2024. On May 19, 2021, Mr. Simpson exercised options to purchase 93,750 0.16 15,000 On March 24, 2021, Mr. Simpson exercised options to purchase 93,750 0.16 15,000 The following table summarizes stock option activity under the Plans: SCHEDULE OF STOCK OPTIONS ACTIVITY Issued To Expiration Date Days to Expiration Exercise Price Options Outstanding, December 31, 2020 Glenn Simpson 4/6/2024 918 $ 0.16 505,608 Exercised Glenn Simpson 4/6/2024 918 $ 0.16 (187,500 ) Exercisable, September 30, 2021 Glenn Simpson 4/6/2024 918 $ 0.16 318,108 During the nine months ended September 30, 2021 and 2020, compensation expense related to stock options was $ 0 no

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 6 – RELATED PARTY TRANSACTIONS On May 19, 2021 the CEO of the Company exercised 93,750 0.16 93,750 15,000 On March 24, 2021 the CEO of the Company exercised 93,750 0.16 93,750 15,000

SBA LOANS _CARES ACT_

SBA LOANS “CARES ACT”	9 Months Ended
	Sep. 30, 2021
Sba Loans Cares Act
SBA LOANS “CARES ACT”	NOTE 7 – SBA LOANS “CARES ACT” On May 5, 2020, the Company received loan proceeds in the amount of $ 35,508 35,508 35,508

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The financial statements are prepared in conformity with GAAP. Management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash equivalents include investment instruments and time deposits purchased with a maturity of three months or less. As of September 30, 2021, and September 30, 2020, the Company did no
Accounts Receivable	Accounts Receivable Accounts receivable are stated at the amount management expects to collect from outstanding balances. The Company provides for probable uncollectible amounts based upon its assessment of the current status of the individual receivables and after using reasonable collection efforts. The allowance for doubtful accounts as of September 30, 2021 and 2020 was zero
Inventory	Inventory Inventory, consisting solely of finished goods, are stated at the lower of cost (first-in, first-out method) or net realizable value (“NRV”). If necessary, the Company provides allowances to adjust the carrying value of its inventories to NRV when NRV is below cost. There were no such adjustments in 2021 or 2020.
Revenue Recognition	Revenue Recognition Revenue from sales of products is recognized when the related performance obligation is satisfied. The Company’s performance obligation is satisfied upon the shipment or delivery of products to customers. The Company’s products are sold on cash and credit terms which are established in accordance with standardized industry practices and typically require payment within 30 days of delivery. Costs incurred for sales incentives and discounts are accounted for as reductions in revenue.
Deductions from Revenue	Deductions from Revenue Costs incurred for sales incentives and discounts are accounted for as reductions in revenue. These costs include payments to customers for performing merchandising activities on our behalf, including in store displays, promotions for new items and obtaining optimum shelf space.
Shipping and Handling Costs	Shipping and Handling Costs Shipping and Handling Costs incurred to move finished goods from our distribution center to customer locations are included in the line Selling, General and Administrative Expenses in our Statements of Operations.
Net Income/(Loss) Per Common Share	Net Income/(Loss) Per Common Share The Company computes per share amounts in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 260, “Earnings per Share”. The following potentially dilutive securities have been excluded from the computation of weighted average shares outstanding as they would have had an anti-dilutive impact on the Company’s net income/(loss) per common share: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Expiration Days to Exercise As of September 30 Issued To Date Expiration Price 2021 2020 Shares underlying options outstanding Glenn Simpson 4/6/2024 918 $ 0.16 318,108 505,608
Income Taxes	Income Taxes The Net Operating Loss Carryforwards for federal taxes was $ 3,695,829 3,695,829 776,124 332,625 1,108,749 21 50,326 9 21,568 The Company provides for income taxes using the asset and liability approach in accounting for income taxes. Deferred tax assets and liabilities are recorded based on the differences between the financial statement and tax bases of assets and liabilities and the tax rates in effect when these differences are expected to reverse. Deferred tax assets are reduced by a valuation allowance if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The Company did no As of September 30, 2021 and September 30, 2020, the Company had no
Stock-Based Compensation	Stock-Based Compensation The Company accounts for equity based transactions under the provisions of ASC Topic 718, “ Accounting for Stock-Based Compensation”. Share based payment awards are measured at the month-end volume weighted average price (VWAP) of the equity instrument that an entity is obligated to issue when the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied.
Fair value of financial instruments	Fair value of financial instruments The carrying amounts of financial instruments, which include cash, accounts receivable, accounts payable and accrued expense, approximate their fair values due to their short-term nature.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE	The following potentially dilutive securities have been excluded from the computation of weighted average shares outstanding as they would have had an anti-dilutive impact on the Company’s net income/(loss) per common share: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE Expiration Days to Exercise As of September 30 Issued To Date Expiration Price 2021 2020 Shares underlying options outstanding Glenn Simpson 4/6/2024 918 $ 0.16 318,108 505,608

STOCKHOLDERS_ EQUITY (Tables)

STOCKHOLDERS’ EQUITY (Tables)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
SCHEDULE OF CANCELLATION OF SHARES	SCHEDULE OF CANCELLATION OF SHARES Certificates Registered To No. of Shares Status 605 Ian Thompson 50,000 Cancelled 606 Ian Thompson 50,000 Cancelled 607 Ian Thompson 50,000 Cancelled 608 Ian Thompson 50,000 Cancelled 610 Ian Thompson 167,204 Cancelled

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	9 Months Ended
	Sep. 30, 2021
Other Liabilities Disclosure [Abstract]
SCHEDULE OF STOCK OPTIONS ACTIVITY	The following table summarizes stock option activity under the Plans: SCHEDULE OF STOCK OPTIONS ACTIVITY Issued To Expiration Date Days to Expiration Exercise Price Options Outstanding, December 31, 2020 Glenn Simpson 4/6/2024 918 $ 0.16 505,608 Exercised Glenn Simpson 4/6/2024 918 $ 0.16 (187,500 ) Exercisable, September 30, 2021 Glenn Simpson 4/6/2024 918 $ 0.16 318,108

SCHEDULE OF ANTIDILUTIVE SECURI

SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE (Details) - Glenn Simpson [Member] - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Expiration Date	Apr. 6, 2024
Days to Expiration	918 days
Exercise Price	$ 0.16
Shares underlying options outstanding	318,108	505,608

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Operating Loss Carryforwards [Line Items]
Cash equivalents	$ 0	$ 0
Allowance for doubtful accounts
Deferred Tax Assets, Net	$ 1,108,749
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	9.00%
Deferred tax liabilities	$ 0	0
Accrued interest or penalties	0	$ 0
Federal [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Valuation Allowance	3,695,829
Deferred Tax Assets, Net	776,124
Taxes payable	50,326
New Jersey Division of Taxation [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards, Valuation Allowance	3,695,829
Deferred Tax Assets, Net	332,625
State [Member]
Operating Loss Carryforwards [Line Items]
Taxes payable	$ 21,568

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)	9 Months Ended
	Sep. 30, 2021USD ($)shares
Defined Benefit Plan Disclosure [Line Items]
Issuance of restricted and non-trading, shares	603,000
Non-trading, Restricted Common Stock [Member] | Glenn Simpson [Member]
Defined Benefit Plan Disclosure [Line Items]
Issuance of restricted and non-trading, shares	603,000
Glenn Simpson [Member] | Employment Agreements [Member]
Defined Benefit Plan Disclosure [Line Items]
Salary paid out in cash | $	$ 5,000
Yearly cash bonus | $	$ 44,400
Glenn Simpson [Member] | Employment Agreements [Member] | Non-trading, Restricted Common Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares grant each month	67,000
Yearly stock bonus	200,000
Salary | $	$ 210,000
Issuance of restricted and non-trading, shares	2,814,000

SCHEDULE OF CANCELLATION OF SHA

SCHEDULE OF CANCELLATION OF SHARES (Details)	9 Months Ended
	Sep. 30, 2021shares
Certificate #605 [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares cancelled	50,000
Certificate #606 [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares cancelled	50,000
Certificate #607 [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares cancelled	50,000
Certificate #608 [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares cancelled	50,000
Certificate #610 [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares cancelled	167,204

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	May 19, 2021	Mar. 24, 2021	Dec. 31, 2014	Dec. 31, 2013	Oct. 03, 2013	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common Stock, Shares Authorized						40,000,000	190,000,000	40,000,000
Common Stock, Shares, Outstanding						30,809,080		30,610,240
Reduction in common stock shares authorized							150,000,000
Issuance of restricted and non-trading, shares						603,000
Issuance of restricted common stock, shares					167,204
Common stock, shares issued						30,809,080		30,610,240
Ian Thompson [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of restricted common stock, shares					200,000
Consulting fees			$ 105,000	$ 280,000	$ 501,612
Common stock, shares issued					200,000
Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period shares stock options exercised						187,500
Exercise price, per share						$ 0.16
Exercised stock options, value						$ 30,000
Restricted and Non-Trading Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of restricted and non-trading, shares						929,666
Restricted and Non-Trading Shares [Member] | Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued during period shares stock options exercised	93,750	93,750
Exercised stock options, value	$ 15,000	$ 15,000
Issuance of restricted common stock, shares	93,750	93,750

SCHEDULE OF STOCK OPTIONS ACTIV

SCHEDULE OF STOCK OPTIONS ACTIVITY (Details) - Equity Option [Member] - Glenn Simpson [Member]	9 Months Ended
	Sep. 30, 2021$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Options Outstanding Beginning, Expiration Date	Apr. 6, 2024
Stock Options Outstanding Beginning, Days to Expiration	918 days
Stock Options Outstanding Beginning, Exercise Price | $ / shares	$ 0.16
Stock Options Outstanding Beginning, Options | shares	505,608
Stock Options Exercised, Expiration Date	Apr. 6, 2024
Stock Options Exercised, Days to Expiration	918 days
Stock Options Exercised, Exercise Price | $ / shares	$ 0.16
Stock Options Exercised, Options | shares	(187,500)
Stock Options Exercisable, Expiration Date	Apr. 6, 2024
Stock Options Exercisable, Days to Expiration	918 days
Stock Options Exercisable, Exercise Price | $ / shares	$ 0.16
Stock Options Exercisable, Options | shares	318,108

STOCK OPTIONS (Details Narrativ

STOCK OPTIONS (Details Narrative) - USD ($)	May 19, 2021	Mar. 24, 2021	Sep. 30, 2021	Sep. 30, 2020
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Compensation expense			$ 147,656	$ 140,936
Equity Option [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Compensation expense			0	$ 0
Share-based payment arrangement, nonvested award, amount			$ 0
Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock issued during period shares stock options exercised			187,500
Stock issued during period value stock options exercised			$ 30,000
Chief Executive Officer [Member] | Restricted and Non-Trading Shares [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock issued during period shares stock options exercised	93,750	93,750
Exercise price	$ 0.16	$ 0.16
Stock issued during period value stock options exercised	$ 15,000	$ 15,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	May 19, 2021	Mar. 24, 2021	Oct. 03, 2013	Sep. 30, 2021
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock issued during period shares restricted stock			167,204
Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock issued during period stock options exercised, shares				187,500
Chief Executive Officer [Member] | Restricted and Non-Trading Shares [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Stock issued during period stock options exercised, shares	93,750	93,750
Exercise price	$ 0.16	$ 0.16
Stock issued during period shares restricted stock	93,750	93,750
Accrued payroll/salary	$ 15,000	$ 15,000

SBA LOANS _CARES ACT_ (Details

SBA LOANS “CARES ACT” (Details Narrative) - Paycheck Protection Program [Member] - USD ($)	Jan. 31, 2021	Dec. 18, 2020	May 05, 2020
Short-term Debt [Line Items]
Proceeds from loan		$ 35,508	$ 35,508
Forgiveness of loan	$ 35,508