Incoming 10-K 16 Apr 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Mar. 31, 2019	Jun. 30, 2018
Registrant Name	Incoming, Inc.
Registrant CIK	0001423325
SEC Form	10-K
Period End date	Dec. 31, 2018
Fiscal Year End	--12-31
Trading Symbol	icnn
Tax Identification Number (TIN)	421768468
Public Float			$ 0
Filer Category	Non-accelerated Filer
Current with reporting	Yes
Voluntary filer	No
Well-known Seasoned Issuer	No
Shell Company	false
Small Business	true
Emerging Growth Company	false
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Incorporation, State Country Name	Nevada
Contained File Information, File Number	000-53616
Entity Address, Address Line One	244 Fifth Avenue, Suite V235
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	(800)
Local Phone Number	385-5705
Common Class A
Number of common stock shares outstanding		31,774,332
Common Class B
Number of common stock shares outstanding		1,980,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash	$ 0	$ 3,480
Accounts receivable, trade, net	228	228
Prepaid expenses	0	3,821
Other current assets	400	400
Total current assets	628	7,929
Property and equipment, net	0	271,654
Total assets	628	279,583
Current liabilities
Accounts payable	193,066	196,883
Short-term debt	0	1,690
Accrued liabilities	88,205	81,865
Accounts payable - related party	274,916	274,916
Related party debt - short-term	240,302	143,852
Total current liabilities	796,489	699,206
Total Liabilities	796,489	699,206
Capital stock $.001 par value; 200,000,000 shares authorized
Additional paid in capital	6,482,070	6,482,070
Accumulated Deficit	(7,311,685)	(6,935,447)
Total Stockholders' Deficit	(795,861)	(419,623)
Total Liabilities and Stockholders' Deficit	628	279,583
Convertible Class B
Capital stock $.001 par value; 200,000,000 shares authorized
Capital stock $.001 par value; 200,000,000 shares authorized;	1,980	1,980
Class A Common Stock
Capital stock $.001 par value; 200,000,000 shares authorized
Capital stock $.001 par value; 200,000,000 shares authorized;	31,774	31,774
Total Stockholders' Deficit	$ 31,774	$ 31,774

CONSOLIDATED BALANCE SHEETS - P

CONSOLIDATED BALANCE SHEETS - Parenthetical - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	200,000,000	200,000,000
Class A
Common Stock, Shares, Issued	31,774,332	31,774,332
Common Stock, Shares, Outstanding	31,774,332	31,774,332
Convertible Class B
Common Stock, Shares, Issued	1,980,000	1,980,000
Common Stock, Shares, Outstanding	1,980,000	1,980,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenues	$ 0	$ 71,035
Revenue from related parties	0	64,655
Cost of revenue	32,591	142,998
Depreciation	24,492	64,083
Gross loss	(57,083)	(136,046)
Selling, general, and administrative expenses	72,392	87,692
Loss on impairment of property and equipment	247,162	199,831
Loss from operations	(376,637)	(423,569)
Other income (expense)
Other income	469	1,666
Interest expense	(70)	(368)
Total other income	399	1,298
Net Loss	$ (376,238)	$ (422,271)
Class A
Other income (expense)
Earnings Per Share, Basic and Diluted	$ (0.01)	$ (0.01)
Weighted Average Number of Shares Outstanding, Basic and Diluted	31,774,332	31,774,332
Class B
Other income (expense)
Earnings Per Share, Basic and Diluted	$ (0.19)	$ (0.21)
Weighted Average Number of Shares Outstanding, Basic and Diluted	1,980,000	1,980,000
Product
Revenues	$ 0	$ 6,380

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Class A Common Stock	Class B Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2016	$ 31,774	$ 1,980	$ 6,482,070	$ (6,513,176)	$ 2,648
Shares, Outstanding, Beginning Balance at Dec. 31, 2016	31,774,332	1,980,000
Net loss	$ 0	$ 0	0	(422,271)	(422,271)
Stockholders' Equity Attributable to Parent, Ending Balance at Dec. 31, 2017	$ 31,774	$ 1,980	6,482,070	(6,935,447)	(419,623)
Shares, Outstanding, Ending Balance at Dec. 31, 2017	31,774,332	1,980,000
Net loss	$ 0	$ 0	0	(376,238)	(376,238)
Stockholders' Equity Attributable to Parent, Ending Balance at Dec. 31, 2018	$ 31,774	$ 1,980	$ 6,482,070	$ (7,311,685)	$ (795,861)
Shares, Outstanding, Ending Balance at Dec. 31, 2018	31,774,332	1,980,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities
Net loss	$ (376,238)	$ (422,271)
Adjustments to reconcile net loss to net cash used in operations
Loss on impairment of fixed assets	247,162	199,831
Write off of inventory	0	10,761
Depreciation	24,492	64,083
Changes in operating assets and liabilities
Accounts receivable	0	11,818
Prepaid expenses	3,821	9,480
Inventory	0	15,049
Accounts payable	(3,817)	5,807
Accounts payable - related party	0	13,245
Accrued expenses	6,340	12,388
Net cash used in operating activities	(98,240)	(79,809)
Cash flows from investing activities
Proceeds from sale of equipment	0	14,271
Net cash provided by (used) in investing activities	0	14,271
Cash flows from financing activities
Proceeds from loan from employee	0	5,072
Payments on loan from employee	0	(5,072)
Proceeds from related party debt	96,450	66,494
Payments on short-term debt	(1,690)	(8,936)
Net cash provided by financing activities	94,760	57,558
Net change in cash for the period	(3,480)	(7,980)
Cash at beginning of period	3,480	11,460
Cash at end of period	0	3,480
Supplemental disclosure of cash flow information
Cash paid for interest	70	368
Cash paid for income taxes	0	0
Non-cash investing and financing activities
Accounts payable-related party converted to notes payable-related party	0	77,358
Prepaid insurance financed with notes payable	$ 0	$ 8,450

Note 1 Nature and Continuance o

Note 1 Nature and Continuance of Operations	12 Months Ended
	Dec. 31, 2018
Notes
Note 1 Nature and Continuance of Operations	Note 1 Nature and Continuance of Operations Organization On December 22, 2006, Incoming, Inc. (“we” or the “Company”) was incorporated in Nevada. Through our wholly-owned subsidiary North American Bio-Energies LLC (“NABE”), we operate in the alternative energy industry in the development and acquisition of commercial grade biodiesel facilities and the distribution and marketing of petroleum and biofuel products. In addition to operating as NABE, our subsidiary also does business as Foothills Bio-Energies, LLC (“Foothills”). Going Concern The consolidated financial statements presented in this document have been prepared on a going-concern basis. As of December 31, 2018, the Company has a working capital deficit of $795,861 and has an accumulated deficit of $7,311,685. Its ability to continue as a going concern is dependent upon the ability of the Company to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay liabilities arising from normal business operations when they come due. The outcome of these matters cannot be predicted with any certainty at this time. These factors raise substantial doubt that the Company will be able to continue as a going concern. The Company to date has funded its initial operations through the issuance of capital stock and common stock options, loans from related parties, and revenue generated in the normal course of business. Management plans to continue to provide for the Company’s capital needs by the issuance of common stock and related party loans. These financial statements do not include any adjustments to the amounts and classification of assets and liabilities that may be necessary should the Company be unable to continue as a going concern.

Note 2 Summary of Significant A

Note 2 Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Notes
Note 2 Summary of Significant Accounting Policies	Note 2 Summary of Significant Accounting Policies Use of Estimates The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates, which have been made using careful judgment. Actual results may vary from these estimates. Consolidation The accompanying consolidated financial statements represent the consolidated operations of Incoming, Inc. and its wholly-owned subsidiary North American Bio-Energies, LLC (“NABE”). Intercompany balances and transactions have been eliminated in consolidation. Reclassification Certain reclassifications have been made to conform the prior period’s financial information to the current period’s presentation. These reclassifications had no effect on previously reported net loss or accumulated deficit. Cash and Cash Equivalents Cash and cash equivalents include all cash balances and highly liquid investments with an initial maturity of three months or less at the date of purchase. The Company places its temporary cash investments with high credit quality financial institutions. At times such investments may be in excess of the Federal Deposit Insurance Corporation (FDIC) insurance limit. As of December 31, 2018 and 2017, the Company had cash of $0 and $3,480, respectively, held in FDIC insured accounts. In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260, “Earnings per Share”, basic net loss per common share is computed by dividing net loss for the period by the weighted average number of common shares outstanding during the period. Under ASC 260, diluted net income/(loss) per share is computed by dividing the net income/(loss) for the period by the weighted average number of common shares and common In May 2017, the FASB issued ASU No. 2017-09, Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting, to provide clarity and reduce both (1) diversity in practice and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The ASU provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in ASC 718. The amendments are effective for fiscal years beginning after December 15, 2017, and should be applied prospectively to an award modified on or after the adoption date. Early adoption is permitted, including adoption in an interim period. This became effective for the Company on January 1, 2018 and does not have a material impact on its financial statements. In February 2017, the FASB issued ASU No. 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets, to clarify the scope of Subtopic 610-20, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets, and to add guidance for partial sales of nonfinancial assets. Subtopic 610-20, which was issued in May 2014 as a part of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. The amendments are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, which is the same time as the amendments in ASU No. 2014-09, and early adoption is permitted. This became effective for the Company on January 1, 2018 and does not have a material impact on its financial statements. In January 2017, the FASB issued ASU No. 2017-03, Accounting Changes and Error Corrections (Topic 250). The ASU adds SEC disclosure requirements for both the quantitative and qualitative impacts that certain recently issued accounting standards will have on the financial statements of a registrant when such standards are adopted in a future period. Specially, these disclosure requirements apply to the adoption of ASU No. 2014- 09, Revenue from Contracts with Customers (Topic 606); ASU No. 2016-02, Leases (Topic 842); and ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. As indicated below, the Company does not believe that the adoption of ASU No. 2014-09 will have a material impact on its revenue recognition as it pertains to current revenue streams. Between May 2014 and December 2016, the FASB issued several ASU’s on Revenue from Contracts with Customers (Topic 606). These updates will supersede nearly all existing revenue recognition guidance under current U.S. generally accepted accounting principles (GAAP). The core principle is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. A five-step process has been defined to achieve this core principle, and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP. The standards are effective for annual periods beginning after December 15, 2017, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standards in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting the standards recognized at the date of adoption (which includes additional footnote disclosures). Based on the Company’s evaluation of its impact on the financial statements, we adopted the modified retrospective approach of the standard. The adoption of these new standards did not have a material impact on revenue recognition as it pertains to our revenue streams.

Note 3 Inventory

Note 3 Inventory	12 Months Ended
	Dec. 31, 2018
Notes
Note 3 Inventory	Note 3 Inventory Inventory is reviewed periodically for slow-moving and obsolete items. The Company wrote off its inventory balance of $10,761 as of December 31, 2017 and did not engage in any inventory transactions during 2018. The 2017 write-off to cost of goods sold was deemed appropriate as all inventory items were associated with biodiesel production.

Note 4 Property and Equipment,

Note 4 Property and Equipment, Net	12 Months Ended
	Dec. 31, 2018
Notes
Note 4 Property and Equipment, Net	Note 4 Property and Equipment, Net Long-lived assets, including property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The evaluation of recoverability is performed using undiscounted estimated net cash flows generated by the related asset. If an asset is deemed to be impaired, the amount of impairment is determined as the amount by which the net carrying value exceeds discounted estimated net cash flows. As a result of the analysis, the Company determined it necessary to record an impairment loss of $247,162 and $199,831 on property and equipment during 2018 and 2017, respectively. As a result, the book value of all property and equipment was written down to zero as of December 31, 2018. Property and equipment consisted of the following as of December 31, 2018 and 2017: 2018 2017 Plant and equipment (1-20 years) $ - $ 456,100 - 456,100 Less: accumulated depreciation - (184,446) Total $ - $ 271,654 Depreciation expense totaled $24,492 and $64,083 for the years ended 2018 and 2017, respectively. The 2018 depreciation expense of $24,492 was recognized prior to the determination to impair the remaining book value of property and equipment. The Company also wrote off fully depreciated assets with a total cost of $80,893 in 2017.

Note 5 Third Party Notes Payabl

Note 5 Third Party Notes Payable	12 Months Ended
	Dec. 31, 2018
Notes
Note 5 Third Party Notes Payable	Note 5 Third Party Notes Payable The Company had no third party borrowings during 2018 and did not finance operations that would have resulted in third party notes payable. NABE entered into a term note totaling $8,450 in April 2017 that matured in February 2018. The note was to finance the Company’s insurance premiums and was payable in ten monthly principal and interest installments of $880. Interest was payable at a rate of $35 per month. During 2017, payments on the short-term debt totaled $8,936. The balance outstanding at December 31, 2017 was $1,690. There was no collateral required for the note. The note, and all interest, was fully paid in February 2018.

Note 6 Related Party Transactio

Note 6 Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Notes
Note 6 Related Party Transactions	Note 6 Related Party Transactions NABE sells a portion of its finished goods to Echols Oil Company (“Echols”), a company owned by Incoming, Inc.’s CEO, R. Samuel Bell, Jr. During 2018 and 2017, sales to the related party were $0 and $64,655, respectively. As of December 31, 2018, the Company had notes payable to the related party, R. Samuel Bell, Jr., totaling $240,302 which are non-interest bearing and due on demand. Of the $240,302 in total payables, $96,450 represents funds borrowed during 2018 for operations at NABE. There are no formal agreements for the notes payable to the related party. As of December 31, 2018, and 2017, the Company had no outstanding related party receivables and had outstanding related party payables of $274,916 to Green Valley Bio-Fuels. Payables to Green Valley Bio-Fuels resulted from purchasing off-spec biodiesel for re-work in prior years. Green Valley Bio-Fuels is considered a related party since it is majority-owned by Mr. Frank A. Gay, who sits on the Company’s Board of Directors. There were no short-term financing arrangements with employees during 2018. During 2017, the Company received, and subsequently fully repaid, proceeds totaling $5,072 in short-term financing from an employee.

Note 7 Equity Transactions

Note 7 Equity Transactions	12 Months Ended
	Dec. 31, 2018
Notes
Note 7 Equity Transactions	Note 7 Equity Transactions Holders of Class A common stock are entitled to one vote for each share of Class A common stock outstanding, are entitled to receive the assets of the Company ratably in proportion to the number of shares held by them, and are entitled to receive dividends for each share held as declared by the Board of Directors. Holders of Class B common stock are entitled to two votes for each share of Class B common stock outstanding, can convert their shares into Class A common stock at a ratio of 1:1, are entitled to receive the assets of the Company ratably in proportion to the number of shares held by them, and are entitled to receive dividends for each share held as declared by the Board of Directors. There are no options or warrants issued or outstanding as of December 31, 2018 and 2017. During 2018 and 2017, the Company consummated no equity transactions.

Note 8 Income Taxes

Note 8 Income Taxes	12 Months Ended
	Dec. 31, 2018
Notes
Note 8 Income Taxes	Note 8 Income Taxes The Company uses the liability method, where deferred tax assets and liabilities are determined based on the expected future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial and income tax reporting purposes. The Company is current on all of its corporate tax filings. Tax year 2018 is currently under extension and we expect to file the returns by the due date. The Company has no open tax years. Due to the enactment of the Tax Reform Act of 2017, the corporate tax rate for those tax years beginning with 2018 has been reduced to 21%. The net deferred tax asset generated by the loss carry-forward has been fully reserved. The cumulative net operating loss carry-forward is approximately $2,557,000 and $2,180,000 at December 31, 2018 and 2017 and will expire beginning in 2028. At December 31, 2018 and 2017, deferred tax assets consisted of the following: 2018 2017 Deferred tax assets Net operating losses $ 537,000 $ 458,000 Less: valuation allowance (537,000) (458,000) Net deferred tax asset $ - $ -

Note 9 Major Customers and Vend

Note 9 Major Customers and Vendors	12 Months Ended
	Dec. 31, 2018
Notes
Note 9 Major Customers and Vendors	Note 9 Major Customers and Vendors There were no sales during 2018. As a result of not producing biodiesel or re-selling kerosene during 2018, there were no purchases from materials vendors. During 2017, one related party customer accounted for 91% of total revenue. During 2017, there was a single third party vendor who accounted for 71% of direct material costs while one related party vendor accounted for 29% of direct material costs.

Note 10 Contingencies

Note 10 Contingencies	12 Months Ended
	Dec. 31, 2018
Notes
Note 10 Contingencies	Note 10 Contingencies The Company may be subject to various legal proceedings and claims that arise in the ordinary course of business. The Company records a liability when it is probable that a loss has been incurred and the amount is reasonably estimable. There is significant judgment required in both the probability determination and as to whether an exposure can be reasonably estimated. If any legal matter, that may arise, were resolved against the Company in a reporting period for amounts in excess of management’s expectations, the Company’s would reflect any potential claim in the consolidated financial statements for that reporting period. In June of 2015, a Plaintiff filed suit against the Company and its subsidiary, NABE. The filing claimed that the Company did not have the right to retain the $510,030 that was received and recognized as Other Income. The Company is currently defending the action and does not believe that the suit will result to an unfavorable outcome to the Company.

Note 11 Subsequent Events

Note 11 Subsequent Events	12 Months Ended
	Dec. 31, 2018
Notes
Note 11 Subsequent Events	Note 11 Subsequent Events Since January 1, 2019, the Company has received additional funding from R. Samuel Bell, Jr. totaling $25,700. These funds have been recognized as additions to the related party note payable.

Note 2 Summary of Significant_2

Note 2 Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Policies
Use of Estimates	Use of Estimates The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America. Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates, which have been made using careful judgment. Actual results may vary from these estimates.
Consolidation	Consolidation The accompanying consolidated financial statements represent the consolidated operations of Incoming, Inc. and its wholly-owned subsidiary North American Bio-Energies, LLC (“NABE”). Intercompany balances and transactions have been eliminated in consolidation.
Reclassifications	Reclassification Certain reclassifications have been made to conform the prior period’s financial information to the current period’s presentation. These reclassifications had no effect on previously reported net loss or accumulated deficit.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all cash balances and highly liquid investments with an initial maturity of three months or less at the date of purchase. The Company places its temporary cash investments with high credit quality financial institutions. At times such investments may be in excess of the Federal Deposit Insurance Corporation (FDIC) insurance limit. As of December 31, 2018 and 2017, the Company had cash of $0 and $3,480, respectively, held in FDIC insured accounts.
Revenue Recognition	Revenue Recognition The Company derives all of its revenue from operations of the NABE biodiesel plant in Lenoir, North Carolina, which was acquired in August of 2010. Through NABE, the Company’s operations are focused primarily on biodiesel production and sales. Currently, we derive revenue from biodiesel sales, from glycerin (a by-product from bio-diesel production) sales, from RIN (Renewable Identification Numbers) sales, and from kerosene sales. We also generate revenue from biodiesel import activities. The Company records revenue based on the five-step process outlined in Accounting Standards Codification (“ASC”) 606: a) identify the contract with the customer, b) identify performance obligations in the contract, c) determine the transaction price, d) allocate the transaction price, and e) satisfaction of the performance obligations (and recognize revenue).
Related Party Transactions	Related Party Transactions Related parties are defined as: affiliates of the Company, entities for which investments are accounted for by the equity method, trusts for the benefit of employees, principal owners, management, members of the Board, members of immediate families of principal owners or management, other parties with which the company may deal with if one party controls or can significantly influence 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,10% ownership, etc. Transactions with related parties may not be conducted on terms equivalent to those prevailing in arm’s-length transactions (e.g. a company may receive services from a related party without cost). It is the policy of the Board of Incoming that all related party transactions are subject to review. All related party transactions that are required to be disclosed in the Company’s filings with the SEC, as required by the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, and related rules and regulations, shall be so disclosed in accordance with such laws, rules and regulations.
Accounts Receivable	Accounts Receivable Accounts receivable represent valid claims against customers and are recognized when products are sold or services are rendered. We extend credit terms to certain customers based on historical dealings and to other customers after review of various credit indicators, including the customer’s credit rating. Outstanding customer receivable balances are regularly reviewed for possible non-payment indicators and allowances for doubtful accounts are recorded based upon management’s estimate of collectability at the time of their review. Accounts receivable are written off when the account is deemed uncollectible. The allowance for doubtful accounts balance outstanding at December 31, 2018 and 2017 was $11,096.
Inventories	Inventories Inventories consist primarily of raw materials, work-in-process and production by-products that are valued at the lower of cost, determined by the first-in, first-out method, or net realizable value.
Property and Equipment	Property and equipment Property and equipment is recorded at cost and depreciated over the estimated useful lives of the assets (which range from 5 to 20 years) using the straight-line method. Repair and maintenance expenditures, which do not result in improvements, are charged to expense as incurred.
Impairment of Long-lived Assets	Impairment of Long-Lived Assets Long-lived assets, including property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. The evaluation of recoverability is performed using undiscounted estimated net cash flows generated by the related asset. If an asset is deemed to be impaired, the amount of impairment is determined as the amount by which the net carrying value exceeds discounted estimated net cash flows.
Net Income/(Loss) Per Share	In accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260, “Earnings per Share”, basic net loss per common share is computed by dividing net loss for the period by the weighted average number of common shares outstanding during the period. Under ASC 260, diluted net income/(loss) per share is computed by dividing the net income/(loss) for the period by the weighted average number of common shares and common equivalent shares, such as stock options and warrants, outstanding during the period. The Company does not have any stock options or warrants outstanding in 2018 and 2017. As a result, the Company did not have to consider the impact of equivalent shares on its diluted net income/(loss) per share calculation.
Stock-based Compensation	Stock-based Compensation The Company accounts for stock-based compensation in accordance with FASB ASC 718, which requires the measurement and recognition of compensation expense for all share-based payments made to employees and directors based on estimated fair values. Share-based payments awarded to consultants are accounted for in accordance with ASC 505-50, “Accounting for Equity Instruments That Are Issued to Other Than Employees for Acquiring, or in Connection with Selling, Goods or Services.”
Income Taxes	Income Taxes Income taxes are recorded in accordance with FASB ASC 740, “Accounting for Income Taxes”. This statement requires the recognition of deferred tax assets and liabilities to reflect the future tax consequences of events that have been recognized in the financial statements or tax returns. Measurement of the deferred items is based on enacted tax laws. In the event the future consequences of differences between financial reporting bases and tax bases of the Company’s assets and liabilities result in a deferred tax asset, ASC 740 requires an evaluation of the probability of being able to realize the future benefits indicated by such assets. A valuation allowance related to a deferred tax asset is recorded when it is more likely than not that some portion or the entire deferred tax asset will not be realized. For financial reporting purposes, the Company has incurred a loss in each period since its inception. Based on the available objective evidence, including the Company’s history of losses, management believes it is more likely than not that the net deferred tax assets will not be fully realizable. Accordingly, the Company provided for a full valuation allowance against its net deferred tax assets at December 31, 2018 and December 31, 2017.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of the Company’s financial instruments consisting of cash, accounts receivable, accounts payable and accrued liabilities, due to related parties and short-term debt approximate their carrying value due to the short-term maturity of such instruments. Unless otherwise noted, it is management’s opinion that the Company is not exposed to significant interest, currency or credit risks arising from these financial instruments.
Recent Accounting Pronouncements	In May 2017, the FASB issued ASU No. 2017-09, Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting, to provide clarity and reduce both (1) diversity in practice and (2) cost and complexity when applying the guidance in Topic 718, Compensation—Stock Compensation, to a change to the terms or conditions of a share-based payment award. The ASU provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in ASC 718. The amendments are effective for fiscal years beginning after December 15, 2017, and should be applied prospectively to an award modified on or after the adoption date. Early adoption is permitted, including adoption in an interim period. This became effective for the Company on January 1, 2018 and does not have a material impact on its financial statements. In February 2017, the FASB issued ASU No. 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets, to clarify the scope of Subtopic 610-20, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets, and to add guidance for partial sales of nonfinancial assets. Subtopic 610-20, which was issued in May 2014 as a part of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), provides guidance for recognizing gains and losses from the transfer of nonfinancial assets in contracts with noncustomers. The amendments are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years, which is the same time as the amendments in ASU No. 2014-09, and early adoption is permitted. This became effective for the Company on January 1, 2018 and does not have a material impact on its financial statements. In January 2017, the FASB issued ASU No. 2017-03, Accounting Changes and Error Corrections (Topic 250). The ASU adds SEC disclosure requirements for both the quantitative and qualitative impacts that certain recently issued accounting standards will have on the financial statements of a registrant when such standards are adopted in a future period. Specially, these disclosure requirements apply to the adoption of ASU No. 2014- 09, Revenue from Contracts with Customers (Topic 606); ASU No. 2016-02, Leases (Topic 842); and ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. As indicated below, the Company does not believe that the adoption of ASU No. 2014-09 will have a material impact on its revenue recognition as it pertains to current revenue streams. Between May 2014 and December 2016, the FASB issued several ASU’s on Revenue from Contracts with Customers (Topic 606). These updates will supersede nearly all existing revenue recognition guidance under current U.S. generally accepted accounting principles (GAAP). The core principle is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. A five-step process has been defined to achieve this core principle, and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP. The standards are effective for annual periods beginning after December 15, 2017, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standards in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting the standards recognized at the date of adoption (which includes additional footnote disclosures). Based on the Company’s evaluation of its impact on the financial statements, we adopted the modified retrospective approach of the standard. The adoption of these new standards did not have a material impact on revenue recognition as it pertains to our revenue streams.

Note 4 Property and Equipment_2

Note 4 Property and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2018
Tables/Schedules
Property, Plant and Equipment	Property and equipment consisted of the following as of December 31, 2018 and 2017: 2018 2017 Plant and equipment (1-20 years) $ - $ 456,100 - 456,100 Less: accumulated depreciation - (184,446) Total $ - $ 271,654

Note 1 Nature and Continuance_2

Note 1 Nature and Continuance of Operations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Details
Working Capital (deficit)	$ (795,861)
Accumulated Deficit	$ (7,311,685)	$ (6,935,447)

Note 2 Summary of Significant_3

Note 2 Summary of Significant Accounting Policies: Cash and Cash Equivalents (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Details
Cash	$ 0	$ 3,480	$ 11,460

Note 2 Summary of Significant_4

Note 2 Summary of Significant Accounting Policies: Accounts Receivable (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Details
Accounts Receivable, Allowance for Credit Loss	$ 11,096	$ 11,096

Note 3 Inventory (Details)

Note 3 Inventory (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Details
Write off of inventory	$ 0	$ 10,761

Note 4 Property and Equipment_3

Note 4 Property and Equipment, Net (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Details
Loss on impairment of property and equipment	$ 247,162	$ 199,831
Depreciation	24,492	$ 64,083
Impairment of Long-Lived Assets Held-for-use	$ 80,893

Note 4 Property and Equipment_4

Note 4 Property and Equipment, Net: Property, Plant and Equipment (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Less: accumulated depreciation	$ 0	$ (184,446)
Property and equipment, net	0	271,654
Building
Property, Plant and Equipment, Gross	$ 0	$ 456,100

Note 5 Third Party Notes Paya_2

Note 5 Third Party Notes Payable (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Apr. 30, 2017
Repayments of Short-term Debt	$ 1,690	$ 8,936
Term Note 1
Debt Instrument, Face Amount			$ 8,450
Debt Instrument, Periodic Payment	$ 880
Debt Instrument, Interest Rate Terms	Interest was payable at a rate of $35 per month.
Repayments of Short-term Debt	$ 8,936
Long-term Debt, Gross	$ 1,690

Note 6 Related Party Transact_2

Note 6 Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenue from related parties	$ 0	$ 64,655
Accounts payable - related party	274,916	274,916
Proceeds from loan from employee	0	5,072
Echols Oil Company
Revenue from related parties	0	64,655
R. Samuel Bell, Jr
Due to Related Parties	240,302
Due to Related Parties, Current	$ 96,450
Green Valley Bio Fuels
Accounts payable - related party		274,916
Employee
Proceeds from loan from employee		$ 5,072

Note 7 Equity Transactions (Det

Note 7 Equity Transactions (Details) - shares	Dec. 31, 2018	Dec. 31, 2017
Details
Options outstanding	0
Warrants outstanding		0

Note 8 Income Taxes (Details)

Note 8 Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Details
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%
Operating Loss Carryforwards	$ 2,557,000	$ 2,180,000
Deferred tax assets
Net operating losses	537,000	458,000
Less: valuation allowance	(537,000)	(458,000)
Net deferred tax asset	$ 0	$ 0

Note 9 Major Customers and Ve_2

Note 9 Major Customers and Vendors (Details) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenues	$ 0	$ 71,035
Related Party Customer | Revenue Benchmark
Concentration Risk, Percentage		91.00%
Related Party Customer | Cost of Goods and Service Benchmark
Concentration Risk, Percentage		29.00%
Supplier Concentration Risk | Cost of Goods and Service Benchmark
Concentration Risk, Percentage		71.00%

Note 10 Contingencies (Details)

Note 10 Contingencies (Details)	12 Months Ended
	Dec. 31, 2018
Details
Loss Contingency, Actions Taken by Plaintiff	In June of 2015, a Plaintiff filed suit against the Company and its subsidiary, NABE. The filing claimed that the Company did not have the right to retain the $510,030 that was received and recognized as Other Income. The Company is currently defending the action and does not believe that the suit will result to an unfavorable outcome to the Company.

Note 11 Subsequent Events (Deta

Note 11 Subsequent Events (Details)	12 Months Ended
	Dec. 31, 2018USD ($)
R. Samuel Bell, Jr | Subsequent Event
Increase (Decrease) in Due to Related Parties	$ 25,700