Basanite (BASA) 10-Q 27 Sep 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Sep. 26, 2018
Document And Entity Information
Entity Registrant Name	PayMeOn, Inc.
Entity Central Index Key	1,448,705
Document Type	10-Q
Document Period End Date	Jun. 30, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		143,035,341
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,018

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash	$ 11,122	$ 188,738
Accounts receivable, net	58,548
Inventory	299,374	380,265
Prepaid expenses	111,833	57,793
Other current assets	24,000	24,000
TOTAL CURRENT ASSETS	504,877	650,796
Fixed assets, net	439,765	456,709
Licensing agreements, net	422,055	447,260
Deposits	1,260,000	1,060,000
TOTAL LONG TERM ASSETS	2,121,820	1,963,969
TOTAL ASSETS	2,626,697	2,614,765
CURRENT LIABILITIES
Accounts payable	833,763	323,116
Due to related party	7,011	51,048
Accrued expenses	678,466	1,224,716
Current liabilities held for sale	40,898	51,568
Notes payable		30,000
Notes payable - related party	518,300	200,000
Liability for stock to be issued		100,000
Note payable - convertible	300,000	300,000
Notes payable - related party - convertible	290,273	290,273
TOTAL CURRENT LIABILITIES	2,668,711	2,570,721
TOTAL LIABILITIES	2,668,711	2,570,721
COMMITMENTS AND CONTINGENCIES (SEE NOTE 11)
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding, respectively
Common stock, $0.001 par value, 1,000,000,000 shares authorized, 131,018,674 and 128,305,800 shares issued and outstanding, respectively as of June 30, 2018 and December 31, 2017	131,019	128,306
Additional paid in capital	16,281,047	14,917,066
Subscription receivable		(500)
Accumulated deficit	(16,678,907)	(15,225,303)
TOTAL STOCKHOLDERS' EQUITY (DEFICIT) - CONTROLLING INTEREST	(266,841)	(180,431)
Non-controlling interest	224,827	224,475
TOTAL STOCKHOLDERS' EQUITY (DEFICIT)	(42,014)	44,044
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	$ 2,626,697	$ 2,614,765

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ 0.001	$ 0.001
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	131,018,674	128,305,800
Common stock, shares outstanding	131,018,674	128,305,800

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Revenue
Products Sales - Rebar	$ 5,872		$ 84,152
Total revenue	5,872		84,152
Total cost of goods sold	8,546		86,987
Gross (loss)	(2,674)		(2,835)
OPERATING EXPENSES
Professional fees	56,982	54,448	90,370	140,051
Payroll and payroll taxes	69,438	75,659	166,432	133,998
Consulting	118,742	198,450	219,691	354,790
General and administrative	318,840	74,425	788,060	87,354
Bad debt expense			24,242
Total operating expenses	564,002	402,982	1,288,795	716,193
NET LOSS FROM OPERATIONS	(566,676)	(402,982)	(1,291,630)	(716,193)
OTHER EXPENSES
Loss on extinguishment of debt	(90,061)		(90,061)
Interest on judgement	(4,605)	(4,604)	(9,160)	(9,158)
Interest expense	(24,941)	(18,703)	(43,248)	(46,852)
Total other expenses	(119,607)	(23,307)	(142,469)	(56,010)
LOSS FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES AND (LOSS) FROM DISCONTINUED OPERATIONS	(686,283)	(426,289)	(1,434,099)	(772,203)
(LOSS) FROM DISCONTINUED OPERATIONS	(10,912)	(45,689)	(19,153)	(499,182)
Net loss before provision for income taxes	(697,195)	(471,978)	(1,453,252)	(1,271,385)
Provision for income taxes
NET LOSS	(697,195)	(471,978)	(1,453,252)	(1,271,385)
Net (income) loss attributable to non-controlling interest	(595)		352
Net (income) loss attributable to controlling interest	$ (696,600)	$ (471,978)	$ (1,453,604)	$ (1,271,385)
Net loss per share - basic and diluted
Continuing operations	$ (0.005)	$ (0.004)	$ (0.011)	$ (0.009)
Discontinued operations	0	0	0	(0.005)
Total	$ (0.005)	$ (0.004)	$ (0.011)	$ (0.014)
Weighted average number of shares outstanding - basic and diluted	131,018,674	117,093,493	130,060,338	87,833,438

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss attributable to controlling interests	$ (1,453,604)	$ (1,271,385)
Adjustments to reconcile net loss to net cash used in operating activities:
Non-controlling interest adjustment	352
Bad debt expense	24,242
Depreciation	19,879	16,368
Amortization of debt discount		12,672
Loss on extinguishment of debt	90,061
Stock-based compensation	486,092	1,056
Loss on leasehold and deposit		221,328
Amortization of license agreement	25,205	24,794
Common stock issued for services		117,089
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expense	(54,040)	37,424
(Increase) decrease in inventory	80,891	(396,919)
(Increase) in deposits	(200,000)	(1,134,000)
(Increase) decrease in accounts receivable	(82,790)	8,835
Decrease in other current assets		1,194
Increase in accounts payable - related party		80,000
(Decrease) in customer deposits		(32,736)
Increase in accounts payable and accrued expenses	139,990	209,522
Net cash used in operating activities	(923,722)	(2,104,758)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment	(2,935)
Net cash used in investing activities	(2,935)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayment to related party		(22,564)
Proceeds from notes payable - related party		15,000
Proceeds from related party, net	303,300
Repayment of purchase order financing		(1,885)
Repayment of note payable	(30,000)
Proceeds from joint venture		315,000
Proceeds from sale of common stock	475,741	2,241,178
Net cash provided by financing activities	749,041	2,546,729
NET INCREASE (DECREASE) IN CASH	(177,616)	441,971
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	188,738	88,338
CASH AND CASH EQUIVALENTS AT END OF PERIOD	11,122	530,309
Supplemental cash flow information:
Cash paid for income taxes
Cash paid for interest expense
Supplemental disclosure of non cash investing and financing activities:
Related party forgiveness recorded as additional paid-in capital	$ 215,300

ORGANIZATION, NATURE OF BUSINES

ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN	6 Months Ended
	Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN	NOTE 1 – ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (A) Organization On March 16, 2011 PayMeOn, Inc., a Nevada corporation organized on May 30, 2006 (the "Company" or “PayMeOn”) completed its agreement and plan of merger (the "Merger Agreement") to acquire Hyperlocal Marketing, LLC, a Florida limited liability company ("Hyperlocal"), pursuant to which Hyperlocal merged with and into HLM PayMeOn, Inc., a Florida corporation and wholly owned subsidiary of the Company. Under the terms of the Merger Agreement, the Hyperlocal members received 301,296 shares of the Company common stock, which equals approximately 50.1% of the total shares of the Company issued and outstanding following the merger on a fully diluted basis. In accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standard Codification (“ASC”) Topic 360-10-45-15, the transaction was accounted for as a reverse acquisition. Hyperlocal was considered the accounting acquirer and the acquire was the Company since the members of Hyperlocal obtained voting and management control of the Company and the transaction had been accounted for as a reverse merger and recapitalization. Hyperlocal was originally organized in the State of Florida on January 22, 2010. In 2014, the Company began selling Prodeco Technologies, LLC brand electric bicycles, an affiliate entity, of which the Company acquired a 19.4% equity interest. During 2015, the Company expanded its sales of electric bicycles to include sales of electric bicycles and related products made by other manufacturers in a retail store location in Fort Lauderdale. During the first quarter of 2016, the Company formed a new subsidiary, PayMeOn Brands, Inc., to pursue the business of developing, marketing, managing and monetizing lifestyle brands and products. The Company intended to develop and leverage its relationships and expertise with respect to manufacturing processes, wholesale and retail distribution networks, and social influencer promotion, primarily targeting youth oriented "lifestyle" markets to create and grow new and existing brands across several market segments. On October 16, 2016, the Company formed a new, wholly-owned company called Xtreme Fat Tire Bike Holdings, LLC (“Xtreme”). The Company was formed to pursue potential development of the “fat tire” segment of the electric bikes market. To date, Xtreme has had no material operations. On February 21, 2017, the Company executed a membership interest purchase agreement to acquire 100% of the membership interests of Rockstar Acquisitions, LLC d/b/a Basalt America (“Basalt America”). Basalt America leverages its licensed intellectual property, technology and processes to produce Basalt Fiber Reinforced Polymer products that are used as replacements for steel products that reinforce concrete such as rebar. During the second quarter of 2017, the Company entered into a term sheet for a Joint Venture (“Joint Venture”) with accredited investors for the management of Basalt America Territory 1, LLC, which will have the exclusive rights to manage sales for Dade, Broward and Monroe Counties in the State of Florida. In conjunction with entering into the Joint Venture, the investors provided total proceeds of $502,500 which was used as a deposit to purchase future inventory from May to August 2017. Operations commenced during the fourth quarter of 2017. The Company owns 55.3% of the Joint Venture and the investors own 44.7% of the joint venture. During the second quarter of 2017, we also created Basalt America Territory 2, LLC to manage the sales, distribution and marketing of our products for the state of Rhode Island. The joint venture is to be owned 50% by Basalt America and 50% by a third-party investor. Basalt America Territory 2, LLC has not yet been formalized and has not yet commenced operations. On March 19, 2018, the Board of Directors of the Company approved the disposal of HLM Paymeon, Inc. and Paymeon Brands, Inc. as they made a strategic shift into the basalt fiber reinforced polymer business with the acquisition of Basalt America. The disposal of HLM Paymeon, Inc. was decided to be effective May 1, 2018. The timing of the disposal was delayed due to administrative issues. The disposal will be reflected in the Company’s financial statements effective September 30, 2018. As a result of this disposal under ASC 205-20-45-1E, the Company has presented the assets and liabilities of this segment as held for sale and as discontinued operations and have reclassified the prior year balances to reflect this strategic shift. On April 13, 2018, Edward A. Cespedes resigned as the chairman and chief executive officer of our Company and all our subsidiaries. On April 13, 2018, Vincent L. Celentano was appointed chairman and chief executive officer of our Company and all our subsidiaries. Mr. Celentano is the largest individual shareholder of our Company. On August 13, 2018, the Company formed Basanite Industries LLC, a wholly-owned Delaware subsidiary. On August 16, 2018, the Company appointed David Anderson its Interim Chief Executive Officer and Interim Principal Financial Officer. PayMeOn and its wholly owned subsidiaries are herein referred to as the "Company". The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the Securities and Exchange Commission for interim financial information. Accordingly, they do not include all of the information necessary for a comprehensive presentation of financial position and results of operations. The interim results for the period ended June 30, 2018 are not necessarily indicative of results for the full fiscal year. It is management's opinion, however that all material adjustments (consisting of normal recurring adjustments) have been made which are necessary for a fair financial statement presentation. (B) Principles of Consolidation The accompanying consolidated financial statements include the accounts of PayMeOn, Inc. and its wholly owned subsidiaries, PayMeOn Brands, Inc, HLM PayMeOn, Inc. Xtreme Fat Tire Bike Holdings. LLC, Basalt America, and Basalt America Territory 1, LLC, a majority owned subsidiary. All intercompany accounts have been eliminated in the consolidation. (C) Going Concern Since inception, the Company has incurred net operating losses and used cash in operations. As of June 30, 2018, the Company has an accumulated deficit of $16,678,907, a working capital deficiency of $2,163,834 and cash used in operations of $923,722 for the six months ended June 30, 2018. Losses have principally occurred as a result of the substantial resources required for product development and marketing of the Company's products which included the general and administrative expenses associated with its organization and product development. The acquisition of Basalt America and commencement of production related to the products we will produce will require substantial additional investment in plant and equipment. In addition, we will have to invest substantial sums in the creation of a sales and marketing program designed to introduce our products to the industry. These conditions raise substantial doubt about the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments to reflect the possible future effect on the recoverability and classification of assets or the amounts and classifications of liabilities that may result from the outcome of these uncertainties. Management believes that the actions presently being taken to obtain additional funding and implement its strategic plan provides the opportunity for the Company to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (A) Cash The Company considers all highly liquid temporary cash instruments with a maturity of three months or less to be cash equivalents. The Company has no cash equivalents as of June 30, 2018. (B) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates during the period covered by these financial statements include the useful lives of depreciable assets, valuation of accounts receivable reserves, valuation of inventory allowances, valuation of deferred tax assets, stock-based compensation and any beneficial conversion features on convertible debt. (C) Fair Value Measurements and Fair Value of Financial Instruments The Company adopted FASB ASC Topic 820, Fair Value Measurements. ASC Topic 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: · Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. · Level 2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. · Level 3-Inputs are unobservable inputs which reflect the reporting entity's own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The Company did not identify any assets or liabilities that are required to be presented on the balance sheets at fair value in accordance with ASC Topic 820. Due to the short-term nature of all financial assets and liabilities, their carrying value approximates their fair value as of the balance sheet date. (D) Accounts Receivable Accounts receivable are recorded at fair value on the date revenue is recognized. The Company provides allowances for doubtful accounts for estimated losses resulting from the inability of its customers to repay their obligation. If the financial condition of the Company's customers were to deteriorate, resulting in an impairment of their ability to repay, additional allowances may be required. The Company provides for potential uncollectible accounts receivable based on specific customer identification and historical collection experience adjusted for existing market conditions. If market conditions decline, actual collection experience may not meet expectations and may result in decreased cash flows and increased bad debt expense. As of June 30, 2018, the Company has recorded $24,242 as an allowance for bad debts compared to no allowance at December 31, 2017. (E) Inventories The Company’s inventories consist entirely of purchased finished goods. Inventories are stated at lower of cost or market. Cost is determined on the first-in, first-out basis. As of June 30, 2018 and December 31, 2017 the Company has not recorded an allowance for the valuation of the inventory or inventory obsolescence. (F) Fixed assets Fixed assets consist of machinery, computer equipment, leasehold improvements and website costs which are capitalized at cost, net of accumulated depreciation. Depreciation is calculated by using the straight-line method over the estimated useful lives of the assets, which is three or seven years for all categories. Repairs and maintenance are charged to expense as incurred. Expenditures for betterments and renewals are capitalized. The cost of fixed assets and the related accumulated depreciation are removed from the accounts upon retirement or disposal with any resulting gain or loss being recorded in operations. The Company has adopted the provisions of ASC 350-50-15, "Accounting for Web Site Development Costs." Costs incurred in the planning stage of a website are expensed as research and development while costs incurred in the development stage are capitalized and amortized over the life of the asset, estimated to be three years. These assets are fully depreciated. Depreciation/ Amortization Asset Category Period Machinery 7 -12 Years Website costs 5 Years Computer equipment 3 Years Fixed assets consist of the following: June 30, December 31, (Unaudited) Computer equipment $ 16,790 $ 13,605 Machinery 449,750 450,000 Website development 24,775 24,775 Total 491,315 488,380 Accumulated depreciation (51,550 ) (31,671 ) Balance $ 439,765 $ 456,709 During the six months ended June 30, 2018, $250 was expensed as non-capitalizable equipment which was previously capitalized as Machinery at December 31, 2017. During the year ended December 31, 2017 the Company identified leasehold improvements that were impaired in the amount of $300,000. The Company recognized a loss on the impairment of $221,328, reflected in the loss from discontinued operations. Depreciation expense for the six months ended June 30, 2018 and 2017 was $19,879 and $16,368 respectively. On October 22, 2015, the Company issued an unsecured promissory note in the principal amount of $300,000 to PDQ Auctions, LLC for leasehold improvements of the facilities subleased from PDQ Auctions, LLC. The note bears interest at an annual rate of 7% and was originally payable on or before October 22, 2017 (subsequently extended until May 2021, see below), unless the note was converted or prepaid prior to the maturity date. Subject to certain limitations below, the note may be converted at any time, at the option of the holder, into shares of the Company’s common stock at a conversion price of $0.35 per share, subject to adjustment. In the event the Company issues any new or additional promissory notes that pay an interest rate that exceeds 7% per annum, then the holder shall be entitled to request an increase in the interest rate payable on the note to an amount equal to the rate being paid on the new or additional notes (which occurred on September 22, 2017, see below). The conversion of the note may be limited if, upon conversion, the holder thereof would beneficially own more than 4.9% of the Company’s common stock. The note may be prepaid at the option of the Company commencing 190 days after the issuance of the note. On September 22, 2017, the Company issued a total of 200,000 shares of common stock valued at $72,000 ($0.38 per share) in conjunction with an extension of the note to April 22, 2018. The interest rate on the Note was also increased to 10% per annum. The modifications to the debt was reflected as a material modification in the Company’s quarter ended September 30, 2017. On May 2, 2018, the Company secured a three-year extension of the convertible note in return for (1) a $5,000 per month payment applicable to current interest and principal beginning on April 22, 2018, and (2) the issuance of 274,575 new, restricted common shares. The shares were issued on June 13, 2018. The Company has begun making payments but is not current with payments required by the extension. The modifications to this debt instrument is reflected as a material modification in the Company’s financial statements as of June 30, 2018 in the amount of $90,061 and reflected as a loss on extinguishment of debt on the Company’s statement of operations. (G) Impairment of Long-Lived Assets The Company evaluates its long-lived assets for impairment whenever events or a change in circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the asset to the future net undiscounted cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is the excess of the carrying amount over the fair value of the asset. As of June 30, 2018 and December 31, 2017, the Company determined that no impairment was necessary. (H) Revenue Recognition In May 2014, the FASB issued Accounting Standard Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606). This standard provides a single set of guidelines for revenue recognition to be used across all industries and requires additional disclosures. The updated guidance introduces a five-step model to achieve its core principal of the entity recognizing revenue to depict the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company adopted the updated guidance effective January 1, 2018 using the full retrospective method. Under ASC 606, in order to recognize revenue, the Company is required to identify an approved contract with commitments to preform respective obligations, identify rights of each party in the transaction regarding goods to be transferred, identify the payment terms for the goods transferred, verify that the contract has commercial substance and verify that collection of substantially all consideration is probable. The adoption of ASC 606 did not have an impact on the Company’s operations or cash flows as it relates to revenue for Basalt America. Amounts billed to customers in sales transactions related to shipping and handling, represent revenues earned for the goods provided and are included in net sales. Discontinued Operations The Company recognized revenue from product sales to customers, distributors and resellers when products that do not require further services or installation by the Company are shipped, when there are no uncertainties surrounding customer acceptance and when collectability is reasonably assured in accordance with FASB ASC 605, Revenue Recognition (I) Loss Per Share The basic loss per share is calculated by dividing the Company's net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company's net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. Dilutive shares not included in loss per share computation June 30, December 31, (Unaudited) Options 5,600,000 5,600,000 Warrants 7,175,000 5,650,000 Convertible shares 2,660,632 2,586,746 Shares issuable — 333,333 15,435,632 14,170,079 (J) Stock-Based Compensation The Company recognizes compensation costs to employees under FASB ASC Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic. 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the option grant. Equity instruments issued to other than employees are recorded on the basis of the fair value of the instruments, as required by FASB ASC Topic 505, Equity Based Payments to Non-Employees. In general, the measurement date is when either a (a) performance commitment, as defined, is reached or (b) the earlier of (i) the non-employee performance is complete or (ii) the instruments are vested. The measured value related to the instruments is recognized over a period based on the facts and circumstances of each particular grant as defined in the FASB Accounting Standards Codification. (K) Cost of Sales Components of cost of sales include product costs and shipping costs to customers. (L) Shipping and Handling Costs The Company includes shipping and handling fees billed to customers as revenue and shipping and handling costs to customers as cost of revenue. (M) Reclassification Certain amounts from prior periods have been reclassified to conform to the current period presentation. (N) Segment Information In accordance with the provisions of ASC 280-10, “ Disclosures about Segments of an Enterprise and Related Information (O) Income Taxes The Company accounts for income taxes under FASB ASC Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On December 22, 2017, Public Law 115-97, informally referred to as the Tax Cuts and Jobs Act (“the TCJA”) was enacted into law. The TCJA provides for significant changes to the U.S. Internal Revenue Code of 1986, as amended, that impact corporate taxation requirements. Effective January 1, 2018, the federal tax rate for corporations was reduced from 35% to 21% for US taxable income and requires one-time re-measurement of deferred taxes to reflect their value at a lower tax rate of 21%. Also, mandatory repatriation of untaxed foreign earnings and profits will be taxed at 15.5% to the extent the underlying assets are liquid and 8% on the remaining balance. There are other provisions to the TCJA, such as conversion of a worldwide system to a territorial system, limitations on interest expense and domestic production deductions, which will be effective in fiscal 2019. The Company anticipates its effective tax rate to be 28% to 30%, excluding the one-time impact of the TCJA for fiscal 2018 primarily due to the reduction in the federal tax rate. The Company’s actual effective tax rate for fiscal 2018 may differ from management’s estimate due to changes in interpretations and assumptions. Due to the timing of enactment and complexity of the TCJA, the Company is unable to estimate a reasonable range of the one-time impact associated with mandatory repatriation, re-measurement of deferred taxes and other provisions of the TCJA. The Company does not anticipate any changes to its provision for income taxes for the tax bill that has gone into effect for fiscal years ending starting in 2018. June 30, December 31, (Unaudited) Expected income tax (benefit) expense at the statutory rate of 24.63% (37.63% for 2017) $ (1,462,401 ) $ (1,104,465 ) Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) – permanent differences 136,870 136,870 Change in valuation allowance 1,325,531 967,595 Provision for income taxes $ — $ — The components of deferred income taxes are as follows: June 30, December 31, (Unaudited) Deferred income tax asset - related to stock-based compensation and impairment (permanent differences) $ 756,064 $ 756,064 Net operating loss carryforwards 3,581,614 3,092,148 Effect of TCJA recalculation (1,366,527 ) (1,366,527 ) Valuation allowance (2,971,151 ) (2,481,685 ) Deferred income taxes $ — $ –– As of June 30, 2018, the Company had a net operating loss carry forward of approximately $9,200,000. As of December 31, 2017, the Company had a net operating loss carry forward of approximately $8,200,000 available to offset future taxable income through 2037. All losses that occur after December 31, 2017, are available to offset future taxable income and do not expire. This results in deferred tax assets of approximately $3,000,000 and $2,500,000 as of June 30, 2018 and December 31, 2017, offset by a valuation allowance which was approximately $3,000,000 and $2,500,000 at June 30,2018 and December 31, 2017. The change in the valuation allowance from June 30, 2018 over December 31, 2017 was an increase of approximately $600,000. Tax returns for the last three years are subject to examination by the Internal Revenue Service. As a result of the Hyperlocal acquisition in 2011 and Basalt America in 2017 and the corresponding change in ownership, the Company’s NOL’s are subject to a Section 382 limitation. (P) Noncontrolling Interests in Consolidated Financial Statements Accounting guidance on non-controlling interests in consolidated financial statements requires that a non-controlling interest in the equity of a subsidiary be accounted for and reported as equity, provides revised guidance on the treatment of net income and losses attributable to the non-controlling interest and changes in ownership interests in a subsidiary and requires additional disclosures that identify and distinguish between the interests of the controlling and non-controlling owners. Net loss attributable to the non-controlling interests totaling $352 and $0 for the six months June 30, 2018 and 2017, respectively are included in the consolidated financial statements.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 30, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS In June 2018, the FASB issued ASU 2018-07 Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting. In July 2017, the FASB issued ASU 2017-11, “Earnings Per Share (Topic 260) Distinguishing Liabilities from Equity (Topic 480) Derivatives and Hedging (Topic 815),” In January 2017, the FASB issued ASU 2017-04 Intangibles – Goodwill and Other (Topic 350), Simplifying the Test for Goodwill Impairment. In August 2016, the FASB issued ASU No. 2016-15, “ Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments” In February 2016, FASB issued ASU 2016-02, Leases (Topic 842). The new standard requires lessees to apply a dual approach, classifying leases as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase by the lessee. This classification will determine whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease. A lessee is also required to record a right-of-use asset and a lease liability for all leases with a term of greater than 12 months regardless of their classification. Leases with a term of 12 months or less will be accounted for similar to existing guidance for operating leases. The new guidance will be effective for annual reporting periods beginning after December 15, 2018, including interim periods within that reporting period and is applied retrospectively. Early adoption is permitted. The Company is assessing the impact, if any, of implementing this guidance on its financial position and results of operations. There are several other new accounting pronouncements issued or proposed by the FASB. Each of these pronouncements, as applicable, has been or will be adopted by the Company. Management does not believe any of these accounting pronouncements has had or will have a material impact on the Company’s consolidated financial position or operating results.

ACQUISITION OF BASALT AMERICA

ACQUISITION OF BASALT AMERICA	6 Months Ended
	Jun. 30, 2018
Business Combinations [Abstract]
ACQUISITION OF BASALT AMERICA	NOTE 4 – ACQUISITION OF BASALT AMERICA On February 21, 2017, the Company executed a membership interest purchase agreement to acquire 100% of the membership interests of Basalt America. In consideration of the acquisition of all of the issued and outstanding membership interests of Basalt America, the Company issued an aggregate of 95,500,000 restricted shares of its common stock to the members of Basalt America. As of December 31, 2016, Basalt America had 80,500,000 membership units outstanding. For accounting purposes, the transaction was recorded at historical cost in accordance with ASU 805-50-25-2 as this is considered an acquisition of entities under common control as the board of directors of the Company and of Basalt America are the same and control the activities of the respective companies. As the acquisition of Basalt America was deemed to be a transaction between entities under common control, the assets and liabilities were transferred at the historical cost of Basalt America with prior periods retroactively adjusted to include the historical financial results of the acquired company for the period ended December 31, 2016 that were controlled by the previous owners of the Company. The Company consolidated the total assets and liabilities of Basalt America. Since the consolidation was done retrospectively, the Company adjusted the beginning balances as if the transaction occurred on November 18, 2016 (Inception).

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	6 Months Ended
	Jun. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	NOTE 5 – DISCONTINUED OPERATIONS On March 19, 2018, the Board of Directors of the Company approved the disposal of HLM Paymeon, Inc. and Paymeon Brands, Inc. as they made a strategic shift into the basalt fiber reinforced polymer business with the acquisition of Basalt America. The disposal of HLM Paymeon, Inc. was decided to be effective May 1, 2018. The timing of the disposal was delayed due to administrative issues. The disposal will be reflected in the Company’s financial statements effective September 30, 2018. As a result of this disposal under ASC 205-20-45-1E, the Company has presented the assets and liabilities of this segment as held for sale and as discontinued operations and have reclassified the prior year balances to reflect this strategic shift. For the Three Months Ended For the Six Months Ended 2018 2017 2018 2017 Revenues $ — $ 26,877 $ 16,460 $ 37,909 Cost of goods sold 8,829 32,902 33,530 40,409 Gross profit (loss) (8,829 ) (6,025 ) (17,070 ) (2,500 ) Operating expenses General and administrative 2,083 22,400 2,083 198,350 Payroll expense — 6,600 — 13,920 Consulting — 10,515 — 46,715 Depreciation and amortization expense — 149 — 16,369 Loss on lease — — — 221,328 Total expense from discontinued operations 2,083 39,664 2,083 496,682 (Loss) from discontinued operations $ (10,912 ) $ (45,689 ) $ (19,153 ) $ (499,182 ) PAYMEON, INC. AND SUBSIDIARIES BALANCE SHEETS FROM DISCONTINUED OPERATIONS (HELD FOR SALE) June 30, 2018 December 31, 2017 (Unaudited) Current liabilities held for sale $ 40,898 $ 51,568

NOTES PAYABLE RELATED PARTY - C

NOTES PAYABLE RELATED PARTY - CONVERTIBLE	6 Months Ended
	Jun. 30, 2018
Notes Payable, by Type, Current and Noncurrent [Abstract]
NOTES PAYABLE RELATED PARTY - CONVERTIBLE	NOTE 6 – NOTES PAYABLE – RELATED PARTY – CONVERTIBLE June 30, 2018 December 31, 2017 (Unaudited) Note Payable related party - convertible $0.345 per share (a) $ 165,500 $ 165,500 Note Payable related party - convertible $0.12 per share (b) 10,000 10,000 Note Payable related party - convertible $0.20 per share (c) 20,000 20,000 Note Payable related party - convertible $0.30 per share (d) 182,500 182,550 Total 378,000 378,000 Offset of loans (e) (87,727 ) (87,727 ) Debt Discount — — Total $ 290,273 $ 290,273 ——————— Interest expense for the Company’s related party convertible notes payable for the three and six months ended June 30, 2018 was $6,597 and $13,121, respectively, compared to $13,897 and $36,538 to the three and six months ended June 30, 2017. Accrued interest for the Company’s related party convertible notes payable at June 30, 2018 and December 31, 2017 was $113,709 and $100,588. (a) The Company entered into two secured convertible promissory notes in the principal amount in total of $165,500 to a related party. The notes bear interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (both of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.345 per share, subject to adjustment for stock splits and dividends. The Company recorded a debt discount of $165,500 for the fair value of the beneficial conversion feature. As of December 31, 2014, the Company amortized $165,500 of the debt discount. Accrued interest at June 30, 2018 and December 31, 2017 amounted to $60,909 and $58,052, respectively. On April 15, 2014, the note holder agreed to extend the note through December 23, 2014. On December 23, 2015, the note holder agreed to extend the note through December 23, 2016. On March 15, 2017 note holder agreed to extend the note through December 31, 2017. On August 7, 2017 the note holder agreed to extend the note through December 31, 2018. As of June 30, 2018 and December 31, 2017, these two notes had accrued interest of $63,797 and $58,052, respectively. (b) The Company entered into various unsecured convertible promissory note in the total principal amount of $110,691 to a related party. The note bears interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (all of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.12 per share, subject to adjustment. The Company recorded a debt discount of $90,416 for the fair value of the beneficial conversion feature. The note holder agreed to extend the note through May 15, 2016. On May 15, 2016, the note holder agreed to extend the note through May 15, 2017, On August 7, 2017 the note holder agreed to extend the note through December 31, 2018. During the year ended December 31, 2017 the holder of the notes agreed to convert $100,691 of notes and $20,432 of accrued interest into 1,009,358 shares of common stock. As of June 30, 2018 and December 31, 2017, the Company fully amortized the debt discount and accrued interest amounted to $2,566 and $2,219, respectively. (c) The Company entered into various unsecured convertible promissory note in the principal amount of $239,975 to a related party. The note bears interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (all of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.20 per share, subject to adjustment. On August 13, 2016 the note holder agreed to extend the note through June 9, 2017. On August 7, 2017 the note holder agreed to extend the note through December 31, 2018. The Company recorded a debt discount of $217,700 for the fair value of the beneficial conversion feature. During the year ended December 31, 2017 the holder of the notes agreed to convert $219,975 of notes payable and accrued interest of $25,013 into 1,224,940 shares of common stock. As of June 30, 2018 and December 31, 2017 the Company fully amortized the debt discount and accrued interest amounted to $4,039 and $3,345, respectively. (d) The Company entered various unsecured convertible promissory notes in the principal amount of $182,500 to a related party. The note bears interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (all of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.30 per share, subject to adjustment. On November 20, 2015, the note holder agreed to extend the note through April 30, 2016. On August 13, 2016 the note holder agreed to extend the note through April 30, 2017. On August 7, 2017 note holder agreed to extend the note through December 31, 2018. The Company recorded a debt discount of $183,500 for the fair value of the beneficial conversion feature. During the year ended December 31, 2017 the holder of the notes agreed to convert $1,882 of notes payable and accrued interest of $343 into 7,417 shares of common stock As of June 30, 2018 and December 31, 2017 the Company fully amortized the debt discount and had accrued interest of $43,307 and $36,972, respectively. (e) On January 20, 2015, the Company received a 7% unsecured promissory note in the principal amount of $75,000 (the “Note Receivable”) from Prodeco Technologies, LLC, an affiliated entity. The note was payable January 20, 2018. The note holder was required to pay interest in the amount of $1,312 per quarter due on the 15 th

NOTE PAYABLE - CONVERTIBLE

NOTE PAYABLE - CONVERTIBLE	6 Months Ended
	Jun. 30, 2018
Notes Payable, by Type, Current and Noncurrent [Abstract]
NOTE PAYABLE - CONVERTIBLE	NOTE 7 – NOTE PAYABLE – CONVERTIBLE On October 22, 2015, the Company issued an unsecured promissory note in the principal amount of $300,000 to PDQ Auctions, LLC for leasehold improvements of the facilities subleased from PDQ Auctions, LLC. The note bears interest at an annual rate of 7% and was originally payable on or before October 22, 2017 (subsequently extended until May 2021, see below), unless the note was converted or prepaid prior to the maturity date. Subject to certain limitations below, the note may be converted at any time, at the option of the holder, into shares of the Company’s common stock at a conversion price of $0.35 per share, subject to adjustment. In the event the Company issues any new or additional promissory notes that pay an interest rate that exceeds 7% per annum, then the holder shall be entitled to request an increase in the Interest rate payable on the note to an amount equal to the rate being paid on the new or additional notes (which occurred on September 22, 2017, see below). The conversion of the note may be limited if, upon conversion, the holder thereof would beneficially own more than 4.9% of the Company’s common stock. The note may be prepaid at the option of the Company commencing 190 days after the issuance of the note. As of June 30, 2018 and December 31, 2017 accrued interest amounted to $56,441 and $46,027, respectively. On September 22, 2017, the Company issued a total of 200,000 shares of common stock valued at $72,000 ($0.38 per share) in conjunction with an extension of the note to April 22, 2018. The interest rate on the Note was also increased to 10% per annum. In accordance with ASC 470-50 Debt Modifications and Extinguishments Interest expense for the Company’s convertible notes payable for the three and six months ended June 30, 2018 was $5,236 and $10,414, respectively, compared to $5,178 and $10,356 to the three and six months ended June 30, 2017. Accrued interest for the Company’s convertible notes payable at June 30, 2018 and December 31, 2017 was $56,441 and $46,027.

NOTES PAYABLE

NOTES PAYABLE	6 Months Ended
	Jun. 30, 2018
Notes Payable [Abstract]
NOTES PAYABLE	NOTE 8 – NOTES PAYABLE On December 11, 2017, Basalt America entered into a promissory note with E Pay Funding in the amount of $30,000. The promissory note bore an interest rate of 10% per annum and matured on March 11, 2018. On February 16, 2018, the Basalt America fully repaid this note plus $690 of accrued interest. The prepayment did not have a penalty associated with it. Interest expense for the Company’s notes payable for the three and six months ended June 30, 2018 was $0 and $386, compared to no interest expense during the three and six months ended June 30, 2017. Accrued interest for the Company’s notes payable at June 30, 2018 and December 31, 2017 was $0 and $321.

NOTES PAYABLE - RELATED PARTY

NOTES PAYABLE - RELATED PARTY	6 Months Ended
	Jun. 30, 2018
Notes Payable - Related Party
NOTES PAYABLE - RELATED PARTY	NOTE 9 – NOTES PAYABLE – RELATED PARTY On May 25, 2017, the Company received $10,000 in the form of a demand note from a Related Party (a director and former Chief Executive Officer). The note is payable on demand and has accrued interest of $377 and $203 as of June 30, 2018 and December 31, 2017, respectively. On June 2, 2017, the Company received $5,000 in the form of a demand note from a Related Party (a director and former Chief Executive Officer). The note is payable on demand and has accrued interest of $769 and $422 as of June 30, 2018 and December 31, 2017, respectively. On August 9, 2017, the Company was issued a $200,000 Secured Promissory Note and General Collateral Assignment and Security Agreement (‘the Note”) with CAM Group of Florida (a company controlled by a current director) in the amount of $200,000 with a due date of November 9, 2017. The note was issued in exchange for third-party payments in that amount. The Note bears interest at a rate of 10% per annum and is secured by all accounts, equipment, general intangibles, inventory and other collateral of the Company. On November 27, 2017, the Company was granted an extension to December 31, 2017. The Note was extended with no penalty and all original terms remain in place. On December 31, 2017, the lender granted the Company another extension to February 28, 2018. The Note was extended with no penalty and all original terms remain in place. On March 19, 2018, the Note was amended to be a “demand” note. The Lender agreed to amend the Note with no penalty and all original terms remain in place. At June 30, 2018 and December 31, 2017 this note had accrued interest of $17,808 and $7,890, respectively. The principal amount of $200,000 was converted into shares of common stock on August 30, 2018. All accrued interest as of that date was forgiven by the lender. On March 19, 2018, the Company entered into a Demand Revolving Credit Line (“Credit Line”) with EAC (“Lender”), an entity owned by its former Chairman and CEO. Under the Credit Line, the Company may borrow up to $100,000 at a simple interest rate of 5% per annum for its operating needs. There are no minimum borrowing requirements, the Company may “revolve” the credit as often as it likes, and either party may terminate the Credit Line at any time. All amounts outstanding under the Credit Line are due on demand from the Lender. On March 28, 2018, the Company borrowed $50,000 under the credit line from EAC. At June 30, 2018, the credit line has a balance of $50,000 and accrued interest of $1,240. During the three months ended June 30, 2018, the Company issued unsecured, 4%, demand promissory notes to EAC totaling $14,800. The Company repaid $4,000 on April 11, 2018. As of June 30, 2018, these notes had accrued interest in the amount of $214. During the three months ended June 30, 2018, the Company issued unsecured, 4% percent, demand promissory notes to VCVC, LLC (“VCVC”) totaling $152,500. VCVC, the personal holding company of our chairman and chief executive officer at the time of the notes, Vincent L. Celentano. As of June 30, 2018, these notes had accrued interest of $3,025. During the three months ended June 30, 2018, the Company issued five unsecured, 4% percent, ninety-day promissory notes to RVRM Holdings, LLC (“RVRM”) totaling $90,000. RVRM is managed by Ronald J. LoRicco, Sr., a member of our board of directors. As of June 30, 2018, these notes had accrued interest of $1,785. The $90,000 in principal to RVRM was converted for 1,200,000 shares of common stock. The accrued interest through this date was forgiven by RVRM. Interest expense for the Company’s convertible notes payable for the three and six months ended June 30, 2018 was $8,397 and $17,072, respectively, compared to $0 and $96 to the three and six months ended June 30, 2017. Accrued interest for the Company’s convertible notes payable at June 30, 2018 and December 31, 2017 was $25,218 and $8,837.

PURCHASE ORDER FINANCING - RELA

PURCHASE ORDER FINANCING - RELATED PARTY	6 Months Ended
	Jun. 30, 2018
Purchase Order Financing - Related Party
PURCHASE ORDER FINANCING - RELATED PARTY	NOTE 10 – PURCHASE ORDER FINANCING - RELATED PARTY On September 14, 2016, PayMeOn Brands, Inc. entered into a purchase order purchase and sale agreement with a related party through common ownership, whereby PayMeOn Brands sold $5,000 of current purchase orders in exchange for $4,000 cash. As a further inducement for purchaser to enter into the agreement as collateral security for any and all obligations owing by PayMeOn Brands to purchaser, PayMeOn Brands has granted to purchaser, as collateral security, a first lien security interest in all of PayMeOn Brands’ accounts created as a result of purchase orders financed or purchased by purchaser and all inventory. The Company recorded a $1,000 deferred finance charge on the date of issuance. As of December 31, 2016, the Company amortized all of the $1,000 deferred finance charge. As of June 30, 2018 and December 31, 2017, the Company had a balance outstanding of $4,000. The $4,000 is included in current liabilities held for sale on the June 30, 2018 and December 31, 2017 consolidated balance sheets.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 11 – COMMITMENTS AND CONTINGENCIES Employment Contracts On August 15, 2011, the Company entered into an employment agreement with its then Chief Executive Officer (who subsequently resigned in April 2018). The agreement was for a period of one year and was to remain in effect until either party notified the other not to further extend the employment period, provides for an annual base salary totaling $250,000 and annual bonuses based on pre-tax operating income, as defined, for an annual minimum of $50,000 in total. On July 18, 2014, the Company’s then Chief Executive Officer forgave $326,727 of accrued payroll and amended his employment agreement to reduce his base salary by 30% and eliminated his guaranteed bonus of $50,000 per year. For the three and six months ended June 30, 2018, the Company recorded a salary expense of $6,182 and $49,932, respectively. Salary expense for the three and six months ended June 30, 2017 was $43,750 and $87,500. Accrued compensation at June 30, 2018 and December 31, 2017 was $271,354 and $468,922, respectively (See Note 14) and this is included in accrued expenses on the consolidated balance sheets. On March 19, 2018, our Chairman and CEO agreed to forgive $200,000 of accrued payroll due and payable to him along with the $15,300 of accrued payroll taxes on this amount. Our Chairman and CEO received no compensation of any kind in return for the forgiveness. Leases On May 1, 2013, the Company entered into a lease agreement for executive offices located at 2400 E. Commercial Blvd., Suite 612, Fort Lauderdale, Florida. The facility was approximately 4,777 square feet. The lease was for a term of 39 months at a current cost of approximately $9,900 per month. The lease contained three months of deferred rent that would be forgiven if the Company made its 36 required monthly payments timely. The Company was also required to make a security deposit of $31,407. As of March 31, 2014, the Company had not been timely on its monthly payments and is in default of the agreement. On March 31, 2014, the Company received a "notice of default" from legal counsel representing the landlord for the office space. The letter demanded immediate payment of $41,937 for rent past due as of April 1, 2014. On May 15, 2014, the Company returned the office space to the landlord. As of May 20, 2014, the Company had not been able to pay its outstanding rent obligation and the landlord had accelerated all rent obligations due under the lease agreement. The Company had been served with a civil lawsuit with Case # 14007105 filed on February 11, 2015. The Landlord is seeking $376,424 in accelerated rent and damages and $12,442 for its attorney’s costs. On April 22, 2015, the motion for unpaid rent, recovery of abated rents and tenant improvements and attorney’s costs was granted by the Circuit Court for the 17 th Judicial Circuit in and for Broward County in the amount of $388,866. On October 22, 2015, the Company’s wholly owned subsidiary, HLM PayMeOn, Inc., entered into a sublease agreement with PDQ Auctions, LLC to lease retail premises located 2599 North Federal Highway, Fort Lauderdale, FL 33305. The premises are used to operate a retail electric hover board, bicycle and related product store under the Company’s “irideelectric” brand. The sublease is for an initial term of approximately five years at an initial monthly sum of $5,617 and an additional five-year term at a monthly sum of $5,899. As consideration for leasehold improvements, the Company issued PDQ Auctions, LLC a convertible note payable in the amount of $300,000 (See Note 7). During the six months ended June 30, 2017 the Company vacated the location as it was unable to be used to support our retail operations as a result of a car accident in December 2016. In conjunction with the accident, the landlord informed the Company that it would no longer be expected to be responsible for amounts due under the lease from the time of the accident forward. Accordingly, we have not accrued any amounts due under the lease in our financial statements since the time of the accident. The Company is pursuing legal action against the driver, whom we believe was insured, in the Circuit Court of the 17 th On March 31, 2017, the Company entered into a lease agreement for manufacturing and general office facilities located at 2688 NW 29 th Future minimum lease commitments due for facilities leases under operating leases at June 30, 2018 are as follows, if the Company completes all of the separate six-month terms: 2018 $ 71,172 2019 147,986 2020 37,353 Total minimum lease payments $ 256,511 Basalt America and RAW Energy Materials Corp., Global Energy Sciences, LLC, and RAW LLC On February 21, 2017, the Company assumed certain obligations in conjunction with its acquisition of Basalt America, including: On December 11, 2016, Basalt America entered into a License Agreement with Raw Energy Materials Corp. (“RAW”) for exclusive rights for use of certain intellectual property associated with the production of certain concrete reinforcement products for the construction industry. On February 2, 2017, RAW assigned the License Agreement to its affiliate, Global Energy Sciences, LLC (“Global Energy”). The License Agreement provided for Basalt America to have exclusive rights for use of the intellectual property in conjunction with product sales for the State of Florida, the Caribbean Islands (excluding Cuba), and Peru (“Licensed Territory”). In addition, Basalt America had purchase rights on a “Right of First Refusal” basis for areas outside the Licensed Territory. The License Agreement required that Basalt America purchase goods used in its production of the products from RAW or its affiliates for a purchase price equal to RAW’s gross-cost plus five percent. In addition, under the original agreement, RAW or its affiliates were entitled to sales commissions for any sales of products generated within Basalt America’s Licensed Territory they solicit by their own initiative from bona fide third parties that become new customers. Sales commissions would be paid according to the following commission schedule: RAW generated sales within the Licensed Territory RAW Commission Up to $1,000,000 5% $1,000,001 to $2,000,000 4% $2,000,001 to $3,000,000 3% $3,000,001 to $4,000,000 2% $4,000,001 + 1% First Amendment to License Agreement Between Basalt America and RAW Energy Materials Corp. and RAW LLC: On January 15, 2017, the Company entered into a consulting agreement with RAW, LLC to conduct research, development and related services for the Company in exchange for $10,000 per month. The agreement has a term of 5 years and contains standard representations, warranties and indemnifications. On January 15, 2017, the Company entered into a consulting agreement with Yellow Turtle Design, LLC to conduct graphic arts design and various other computer aided design (CAD) services for the Company in exchange for $5,000 per month. The agreement has a term of 5 years and contains standard representations, warranties and indemnifications. On January 5, 2017, Basalt America entered into a First Amendment to License Agreement (“First Amendment”) whereby in addition to the State of Florida, the Caribbean Islands (excluding Cuba) and Peru, Basalt America expanded its Licensed Territory to include the continental United States in exchange for a $500,000 Option Fee and certain other obligations (further detailed in a Post-Closing Letter Agreement). The First Amendment provides certain operational parameters that Basalt America must meet by July 1, 2018 in order to maintain its exclusivity within the Licensed Territory. Basalt America and RAW are negotiating this clause as of the date of filing. The Option Fee was paid to RAW on January 11, 2017. The First Amendment also entitles RAW to receive 4% of the total gross sales of Basalt America’s business operations within the Licensed Territory. As of June 30, 2018 and December 31, 2017, $3,753 and $388, respectively, was due under the percentage of gross sales obligations to RAW or its affiliates. On April 18, 2018, Basalt America and the Company received a letter from counsel representing RAW LLC providing formal notice that Basalt America and the Company had breached and/or violated several sections of its license agreement and amendments, and that RAW LLC was immediately terminating all agreements and amendments. The Company does not believe it is in breach of its agreements and is working towards reaching an amicable solution. The Company is prepared to pursue litigation if it cannot achieve a resolution. On January 5, 2017, Basalt America RAW Energy Materials, LLC (“RAW”), and RAW Materials Corp (“RAW Materials”) entered into a Post-Closing Letter Agreement (“Letter Agreement) that detailed, among other things, financial obligations of Basalt America in addition to the Option Fee. The Letter Agreement also detailed that Basalt America would continue to own 10% of Raw Materials and that RAW Materials would serve as the global clearinghouse for any manufacturing operations conducted by Don Smith. The investment value was written off by Basalt America prior to the acquisition by the Company. As of June 30, 2018 the Company has not recorded the remaining $400,000 per the post-closing letter agreement as they have neither taken delivery or paid for the remaining rebar machines owed to them under this agreement. As a result, the Company has an off-balance sheet commitment of $400,000 payable to RAW. The Company has paid $1,200,000 of the $1,600,000 for additional rebar machines and this amount is reflected on the Company’s consolidated balance sheet as a deposit on equipment. The obligations are outlined below: Description $ Obligation Date Met License Option Fee 500,000 1st Qtr 2017 Finished Inventory 400,000 1st Qtr 2017 Raw Materials, Misc 60,000 1st Qtr 2017 Equipment, Misc tools 50,000 2nd Qtr 2017 Rebar Mfg Machines 400,000 2nd Qtr 2017 Addl Rebar Mfg Machines 1,600,000 3 rd th st nd Territory Joint Ventures During the second quarter of 2017, the Company entered into a term sheet for a Joint Venture with accredited investors for the management of Basalt America Territory 1, LLC, which will have the exclusive rights to manage sales for Dade, Broward and Monroe Counties in the State of Florida. In conjunction with entering into the Joint Venture, the investors provided total proceeds of $502,500 which was used for the purchase of inventory from May to August 2017. Operations have commenced during the fourth quarter of 2017. The Company owns 55.3% of the joint venture and the investors own 44.7% of the joint venture. Through June 30, 2018, the Company entered into term sheets for this Joint Venture with a related party for $288,750 and five accredited investors for a total of $213,750. The funds were used as a deposit to purchase inventory. The non-controlling interest as of June 30, 2018 and December 31, 2017, $224,827 and $224,475. During the six months ended June 30, 2017 the Company formed Basalt America Territory 2, LLC, which will have the exclusive rights to manage sales for Rhode Island. As of the date of this report, the Joint Venture has not been formalized (no definitive documentation, nor operating agreement have been executed) and has not commenced operations. If and when the Joint Venture is formalized, it is expected that the Company will own 50% of the Joint Venture.

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT)	6 Months Ended
	Jun. 30, 2018
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY (DEFICIT)	NOTE 12 – STOCKHOLDERS’ EQUITY (DEFICIT) Preferred Stock The Company is authorized to issue up to 5,000,000 shares of preferred stock, par value $0.001. The designations and attributes of the preferred stock are subject to the future determination by the Company's board of directors. The Company has not issued any preferred shares. Common Stock The Company is authorized to issue up to 1,000,000,000 shares of common stock, par value $0.001. Calendar Year 2018 On May 2, 2018, the Company secured a three-year extension of the convertible note in return for (1) a $5,000 per month payment applicable to current interest and principal beginning on April 22, 2018, and (2) the issuance of 274,575 new, restricted common shares. The shares were issued on June 13, 2018. The Company has commenced making the $5,000 per month payments but is not current as required by the extension. As a result of this extension, the modification to this debt instrument is reflected as a material modification in the amount of $90,061 in the Company’s consolidated statement of operations in the three months ended June 30, 2018. During the six months ended June 30, 2018, the Company issued 2,438,299 common shares for total proceeds of $575,240 ($0.15 to $0.30 per share). In addition, various investors received five-year warrants to acquire 562,500 shares at $0.40, 562,500 shares at $0.60, 400,000 shares at $0.50 and 350,000 shares at $0.15 per share. Calendar Year 2017 On February 21, 2017, the Company entered into and completed a membership interest purchase agreement to acquire 100% of the membership interests of Basalt America. Basalt America was organized under the laws of the State of Florida in November 2016. Basalt America leverages its licensed intellectual property, technology and processes to produce Basalt Fiber Reinforced Polymer products that are used as replacements for steel products that reinforce concrete such as rebar. Former Chairman and CEO and current consultant, Edward A. Cespedes and our current CEO and director and largest individual shareholder, Vincent L. Celentano, are the Managing Members of Basalt America. In consideration of the acquisition of all of the issued and outstanding membership interests of Basalt America, the Company issued an aggregate of 95,500,000 restricted shares of its common stock to the members of Basalt America. For accounting purposes, the transaction was recorded at historical cost in accordance with ASU 805-50-25-2 as was considered an acquisition of entities under common control as the board of directors of the Company and of Basalt America are the same and control the activities of the respective companies. As part of this agreement Basalt America entered into a letter agreement with Raw Materials Corp and RAW LLC. On June 29, 2017, a related party converted $368,366 of convertible notes issued from 2014 to 2016 to 2,248,620 restricted common shares. The dollar amount included $323,048 of principal and $45,318 of accrued interest. On September 22, 2017, the Company issued a total of 200,000 shares in conjunction with an extension of a $300,000 principal amount Convertible 7% per annum Note (“Note”) with an original maturity date of September 22, 2017. The maturity date was extended to April 22, 2018. The interest rate on the Note was increased to 10% per annum. The shares were valued at $72,000 ($0.38 per share) at time of issuance. In accordance with ASC 470-50 Debt Modifications and Extinguishments During the year ended December 31, 2017, the Company sold a total of 9,446,938 shares to accredited investors, including related parties, for proceeds of $2,176,180 (at an average of $0.23 per share). During the year ended December 31, 2017, the Company issued 3,730,000 shares of common stock for services rendered and to be rendered which is reflected in stock-based compensation. Value represents contracts entered into with various consultants, with the grant date fair value amortized over the life of the contracts.

OPTIONS AND WARRANTS

OPTIONS AND WARRANTS	6 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
OPTIONS AND WARRANTS	NOTE 13 – OPTIONS AND WARRANTS Stock Options: The following tables summarize all options and warrant grants to consultants for the year and six months ended December 31, 2017 and June 30, 2018 and the related changes during these periods are presented below. Number of Options Weighted Average Exercise Price Aggregate Intrinsic Value Balance at December 31, 2016 4,207,181 $ 0.49 $ — Granted 1,560,000 0.25 — Exercised (167,181 ) (0.10 ) — Expired — — — Balance at December 31, 2017 5,600,000 $ 0.43 $ 741,600 Granted — — — Exercised — — — Expired — — — Balance at June 30, 2018 5,600,000 $ 0.43 $ — On April 16, 2014, the Company granted options to purchase 167,181 shares of its common stock to consultants at an exercise price of $.10 per share. The options vest immediately. The options were set to expire on April 16, 2017. The options were valued using the Black Scholes Option Pricing Model with the following assumptions: dividend yield of 0%, annual volatility of 105%, risk free interest rate of .87%, an expected life of three years. On April 4, 2017, a consultant exercised stock options of 167,181 with an exercise price of $0.10 for $16,718. Fiscal year 2018 For the six months ended June 30, 2018, no options were issued by the Company. On September 17, 2018, the former CEO of the Company canceled his 1,000,000 options granted to him on February 25, 2016. Fiscal year 2017 On January 30, 2017, the Company issued stock options to acquire a total of 200,000 shares of the Company’s common stock to three employees. The options have a strike price of $0.25 per share and expire on January 30, 2024. The options were valued using the Black Scholes Option Pricing Model, with the following assumptions: dividend yield at 0%, annual volatility of 188%, risk free interest rates of 1.19% based on expected life of two years. On October 17, 2017, the Company granted options to purchase 1,360,000 shares at a strike price of $0.25 per share to consultants and directors. For the options to the consultants, twenty-five percent of the options were immediately vested at the time of issuance with the remainder having a vesting schedule of twenty-five percent per annum on each of October 17, 2018, October 17, 2019, and October 17, 2020. The options expire on October 17, 2022. The director options vested immediately as it was for compensation for joining the Board of Directors and expensed immediately. These options expire October 17, 2022 as well. The Company issued 167,181 shares of stock in the exercise of 167,181 stock options on April 5, 2017. During the six months ended June 30, 2018 and 2017 total stock option expense amounted to $3,028 and $1,056, respectively. As of June 30, 2018 and December 31, 2017, there were 5,600,000 and 5,600,000, respectively of stock options issued. Of the options issued, 5,007,500 were vested as of June 30, 2018 and 4,497,500 were vested as of December 31, 2017. Stock Warrants: Number of Warrants Weighted Average Exercise Price Balance at December 31, 2016 — $ — Granted 5,650,000 0.46 Exercised — — Expired — — Balance at December 31, 2017 5,650,000 $ 0.46 Granted 1,525,000 0.50 Exercised — — Expired — — Balance at June 30, 2018 7,175,000 $ 0.47 Fiscal year 2018 As of June 30, 2018, a total of 1,525,000 warrants were issued to investors as a stock purchase incentive with an average grant price of $0.50 and a five-year term. 562,500 warrants were issued at $0.40, 400,000 at $0.50 and 562,500 at $0.60. In August 2018, the Company issued 350,000 warrants to investors at a grant price of $0.15 and a five-year term. Fiscal year 2017 During the year ended December 31, 2017 the Company issued the following warrants: 2,175,000 warrants with a strike price of $0.40 per share and 2,075,000 warrants with a strike price of $0.60 per share in subscription agreements for units purchased by accredited investors during the year. The warrants issued have a five-year term. In addition, the Company issued 400,000 warrants to an investor with a strike price of $0.25 per share to an investor as part of the subscription agreement with a five-year term. 1,000,000 warrants with a strike price of $0.40 per share issued to consultants as part of their agreements. These warrants have a five-year term.

RELATED PARTIES

RELATED PARTIES	6 Months Ended
	Jun. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTIES	NOTE 14 – RELATED PARTIES On August 15, 2011, the Company entered into an employment agreement with its then Chief Executive Officer. The agreement was for a period of one year and was to remain in effect until either party notified the other not to further extend the employment period, provides for an annual base salary totaling $250,000 and annual bonuses based on pre-tax operating income, as defined, for an annual minimum of $50,000 in total. On July 18, 2014, the Company’s Chief Executive Officer forgave $326,727 of accrued payroll and amended his employment agreement to reduce his base salary by 30% and eliminated his guaranteed bonus of $50,000 per year. On April 13, 2018, Edward A. Cespedes resigned as the chairman and chief executive officer of our Company and all our subsidiaries. For the three and six months ended June 30, 2018 the recorded Chief Executive Officer salary expense was $6,182 and $49,932, respectively. For the three and six months ended June 30, 2017 the recorded Chief Executive Officer salary expense was $43,750 and $87,500, respectively. Accrued compensation at June 30, 2018 and December 31, 2017 was $271,354 and $468,922, respectively (See Note 11) and is included in accrued expenses on the consolidated balance sheets. On March 19, 2018, our Chairman and CEO agreed to forgive $200,000 of accrued payroll due and payable to him along with $15,300 of accrued payroll taxes on this amount. Our Chairman and CEO received no compensation of any kind in return for the forgiveness. On April 5, 2017, the Company issued 250,000 shares of common stock to a newly appointed Director. The Company valued the shares at $62,500, the value of the common stock on the date of the agreement. On May 4, 2017, the Company sold a total of 170,000 shares to a Related Party for proceeds $42,500 ($0.25 per share). On November 14, 2017, the Company sold a total of 1,520,000 shares to related parties to current management and directors for proceeds of $380,000 ($0.25 per share). In addition, the investor received five-year warrants to acquire 760,000 shares for a strike price of $0.40 and five-year warrants to acquire 760,000 shares for a strike price of $0.60 per share. On April 4, 2018, the Company entered into four extension agreements for its four convertible notes payable due to a related party with a net principal balance of $290,273, which is net of offsets. These notes were extended through December 31, 2018. These notes were previously extended on August 7, 2017 when the note holder agreed to extend the notes through March 31, 2018. On April 4, 2018 the note holder agreed to extend the notes through December 31, 2018. On April 13, 2018, upon the resignation of Edward A. Cespedes, EAC Management, LLC (“EAC”), the personal holding company of our former chairman and chief executive officer, Mr. Cespedes issued a demand for repayment of $50,000 borrowed under the Demand Revolving Credit Line. The amount has not been paid as of the date of filing. As of June 21, 2018, the Company had failed to repay amounts due EAC, and was in default. On June 21, 2018, EAC waived the default and granted the Company an extension of time to make repayment to July 15, 2018. The Company did not make payment by the expiration of the extension issued by EAC. On July 24, 2018, EAC granted the Company another extension to August 31, 2018. On September 19, 2018, EAC waived the default and granted the Company an extension of time to make repayment to October 15, 2018. EAC received no additional compensation or benefits of any kind in conjunction with granting the extension. As of June 30, 2018, this demand note had accrued interest of $1,240. On April 14, 2018, the Company entered into a consulting agreement with EAC Management, LLC. EAC is the personal holding company of our former chairman and chief executive officer, Edward A. Cespedes. Under the agreement EAC will provide the Company with general corporate and other services at the direction of the Board of Directors. The agreement is for a period of twelve months and can be terminated by either party with written notice. The agreement contains standard representations, warranties, and indemnifications from EAC and the Company. Mr. Cespedes has no executive authority under the agreement. Compensation under the agreement is flexible. The agreement sets target compensation for EAC at $15,000 per month and allows for the Company to pay EAC less based on its financial wherewithal at any given time. The agreement also contains customary terms, including reimbursement for certain health and business-related expenses. As of June 30, 2018, the Company had accrued fees payable to EAC of $26,250. During the three months ended June 30, 2018, the Company issued unsecured, 4%, demand promissory notes to EAC totaling $14,800. The Company repaid $4,000 on April 11, 2018. As of June 30, 2018, these notes had accrued interest in the amount of $214. During the three months ended June 30, 2018, the Company issued unsecured, 4% percent, demand promissory notes to VCVC, LLC totaling $152,500. VCVC, the personal holding company of our chairman and chief executive officer at the time of the notes, Vincent L. Celentano. As of June 30, 2018, these notes had accrued interest of $3,025. During the three months ended June 30, 2018, the Company issued five unsecured, 4% percent, ninety-day promissory notes to RVRM totaling $90,000. RVRM is managed by Ronald J. LoRicco, Sr., a member of our board of directors. As of June 30, 2018, these notes had accrued interest of $1,785. The $90,000 in principal to RVRM was converted for 1,200,000 shares of common stock. The accrued interest through this date was forgiven by RVRM. As of June 30, 2018 and December 31, 2017, the Company’s former Chief Executive Officer and current consultant was owed $7,011 and $51,048 for amounts paid on behalf of the Company. See Note 6 for Convertible Notes Payable Related Party, Note 11 for Commitments involving Related Parties and Note 13 for issuance of stock options to related parties.

CONCENTRATIONS

CONCENTRATIONS	6 Months Ended
	Jun. 30, 2018
Risks and Uncertainties [Abstract]
CONCENTRATIONS	NOTE 15 – CONCENTRATIONS For the six months ended June 30, 2018, one customer amounted to 85% of product sales from continuing operations. The Company had no sales during the six months ended June 30, 2017. Concentration risks for discontinued operations have not been reflected as the Company does not consider this risk to be material to the Company any longer.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 16 – SUBSEQUENT EVENTS On July 11, 2018, the Company sold a total of 400,000 shares to an accredited investor for proceeds of $30,000 ($0.075 per share). In conjunction with the investment, the investor agreed to a twelve-month resale restriction. On July 24, 2018, EAC Management, LLC granted the Company an extension to repay the Demand Note originally called on April 13, 2018. On April 13, 2018, upon the resignation of Edward A. Cespedes, EAC Management, LLC issued a demand for repayment of $50,000 borrowed under the Demand Revolving Credit Line. The amount was not paid by the Company upon demand from EAC. On June 21, 2018, EAC waived the default and granted the Company an extension of time to make repayment to July 15, 2018. The Company did not make payment by the expiration of the extension issued by EAC. On July 24, 2018, EAC granted the Company another extension to August 31, 2018. On September 19, 2018, EAC granted another extension to repay this amount until October 15, 2018. EAC received no additional compensation or benefits of any kind in conjunction with granting the extension. On August 13, 2018, the Company formed a new wholly-owned subsidiary, Basanite Industries, LLC. Basanite Industries, LLC was incorporated in Delaware and has not yet commenced operations. On August 15, 2018, the Company sold a total of 1,333,333 shares to a related party, RVRM for proceeds of $100,000 ($0.075 per share). Ronald J. LoRicco, Sr., a member of our board of directors is the manager of RVRM. On August 15, 2018, RVRM agreed to convert $90,000 principal amount of notes outstanding for 1,200,000 restricted shares of the Company’s common stock. The debt was held by RVRM and was converted at a price per share of $0.075. Ronald J. LoRicco, Sr., a member of our board of directors is the manager of RVRM. As part of this agreement, accrued interest in the amount of $2,239 was forgiven by the noteholder. On August 16, 2018, CAM Group of Florida agreed to convert $200,000 principal amount of notes outstanding for 2,666,667 restricted shares of the Company’s common stock. The debt was held by CAM Group of Florida and was converted at a price per share of $0.075. Frank Monti, Sr., a member of our board of directors is an officer of CAM Group of Florida. As part of this agreement, associated accrued interest in the amount of $20,329 was forgiven by the noteholder. On August 16, 2018, the Company sold a total of 150,000 shares to an accredited investor for proceeds of $15,000 ($0.10 per share). In addition, the investor received five-year warrants to purchase 150,000 shares of the Company’s common shares for a strike price of $0.15 per share. On August 16, 2018, the Company sold a total of 200,000 shares to an accredited investor for proceeds of $20,000 ($0.10 per share). In addition, the investor received five-year warrants to purchase 200,000 shares of the Company’s common shares for a strike price of $0.15 per share. On August 16, 2018, the Company sold a total of 66,667 shares to an accredited investor for proceeds of $5,000 ($0.075 per share). On August 16, 2018, the Company appointed David Anderson its Interim Chief Executive Officer and Interim Principal Financial Officer. In conjunction with the appointment, the Company issued 1,000,000 warrants to purchase at a strike price of $0.1235 per share. The warrants were immediately vested at time of issuance and have a five-year life. On August 16, 2018, the Company accepted the resignation of Vincent L. Celentano as Chief Executive Officer and Principal Financial Officer of the Company and its subsidiaries. On August 17, 2018, the Company sold a total of 666,667 shares to a related party, ARGJ, LLC, for proceeds of $50,000 ($0.075 per share). Ronald J. LoRicco, Sr., a member of our board of directors is the manager of ARGJ, LLC. On August 22, 2018, EAC returned 500,000 common shares to the Company’s treasury account. EAC is the personal holding company of our former chairman and chief executive officer, Edward A. Cespedes. Neither EAC nor Mr. Cespedes received any compensation for the return of the shares. On August 24, 2018, the Company sold a total of 1,333,333 shares to a related party, Paul Sallarulo for proceeds of $100,000 ($0.075 per share). Paul Sallarulo is a member of our board of directors. On August 30, 2018, the Company issued a total of 4,500,000 shares to consultants due under five consulting agreements. The issuance completes the Company’s obligation under the consulting agreements. Effective September 10, 2018, the Company terminated nine separate consulting agreements. At the time of termination, the Company had no further obligations for payments of any kind and there were no termination payments due. On September 13, 2018, the Company’s former chairman and chief executive officer, Edward A. Cespedes, forgave $77,780 of accrued vacation pay due him. Mr. Cespedes did not receive any compensation in return for the forgiveness. On September 17, 2018, the Company’s former chairman and chief executive officer relinquished a vested stock option to purchase 1,000,000 shares of the Company’s common stock for a strike price of $0.51 per share. On September 19, 2018, EAC granted the Company an extension until October 15, 2018 to repay the Demand Note originally called on April 13, 2018. Upon the resignation of Edward A. Cespedes, EAC issued a demand for repayment of $50,000 borrowed under the Demand Revolving Credit Line. The amount was not paid by the Company upon demand from EAC. EAC received no additional compensation or benefits of any kind in conjunction with granting the extension. Related Party Notes – 3rd Quarter, 2018 EAC Management, LLC During the third quarter, the Company issued EAC unsecured, 4% percent, demand promissory note in the amount of $1,100. The notes were repaid during the quarter. In addition, remaining amounts outstanding under the notes issued to EAC during the second quarter were repaid in full during the quarter totaling $11,900. VCVC, LLC During the third quarter the Company issued VCVC unsecured, 4% percent, demand promissory notes totaling $102,500.

SUMMARY OF SIGNIFICANT ACCOUN22

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Cash	(A) Cash The Company considers all highly liquid temporary cash instruments with a maturity of three months or less to be cash equivalents. The Company has no cash equivalents as of June 30, 2018.
Use of Estimates in Financial Statements	(B) Use of Estimates in Financial Statements The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates during the period covered by these financial statements include the useful lives of depreciable assets, valuation of accounts receivable reserves, valuation of inventory allowances, valuation of deferred tax assets, stock-based compensation and any beneficial conversion features on convertible debt.
Fair Value Measurements and Fair Value of Financial Instruments	(C) Fair Value Measurements and Fair Value of Financial Instruments The Company adopted FASB ASC Topic 820, Fair Value Measurements. ASC Topic 820 clarifies the definition of fair value, prescribes methods for measuring fair value, and establishes a fair value hierarchy to classify the inputs used in measuring fair value as follows: · Level 1-Inputs are unadjusted quoted prices in active markets for identical assets or liabilities available at the measurement date. · Level 2-Inputs are unadjusted quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, inputs other than quoted prices that are observable, and inputs derived from or corroborated by observable market data. · Level 3-Inputs are unobservable inputs which reflect the reporting entity's own assumptions on what assumptions the market participants would use in pricing the asset or liability based on the best available information. The Company did not identify any assets or liabilities that are required to be presented on the balance sheets at fair value in accordance with ASC Topic 820. Due to the short-term nature of all financial assets and liabilities, their carrying value approximates their fair value as of the balance sheet date.
Accounts Receivable	(D) Accounts Receivable Accounts receivable are recorded at fair value on the date revenue is recognized. The Company provides allowances for doubtful accounts for estimated losses resulting from the inability of its customers to repay their obligation. If the financial condition of the Company's customers were to deteriorate, resulting in an impairment of their ability to repay, additional allowances may be required. The Company provides for potential uncollectible accounts receivable based on specific customer identification and historical collection experience adjusted for existing market conditions. If market conditions decline, actual collection experience may not meet expectations and may result in decreased cash flows and increased bad debt expense. As of June 30, 2018, the Company has recorded $24,242 as an allowance for bad debts compared to no allowance at December 31, 2017.
Inventories	(E) Inventories The Company’s inventories consist entirely of purchased finished goods. Inventories are stated at lower of cost or market. Cost is determined on the first-in, first-out basis. As of June 30, 2018 and December 31, 2017 the Company has not recorded an allowance for the valuation of the inventory or inventory obsolescence.
Fixed assets	(F) Fixed assets Fixed assets consist of machinery, computer equipment, leasehold improvements and website costs which are capitalized at cost, net of accumulated depreciation. Depreciation is calculated by using the straight-line method over the estimated useful lives of the assets, which is three or seven years for all categories. Repairs and maintenance are charged to expense as incurred. Expenditures for betterments and renewals are capitalized. The cost of fixed assets and the related accumulated depreciation are removed from the accounts upon retirement or disposal with any resulting gain or loss being recorded in operations. The Company has adopted the provisions of ASC 350-50-15, "Accounting for Web Site Development Costs." Costs incurred in the planning stage of a website are expensed as research and development while costs incurred in the development stage are capitalized and amortized over the life of the asset, estimated to be three years. These assets are fully depreciated. Depreciation/ Amortization Asset Category Period Machinery 7 -12 Years Website costs 5 Years Computer equipment 3 Years Fixed assets consist of the following: June 30, December 31, (Unaudited) Computer equipment $ 16,790 $ 13,605 Machinery 449,750 450,000 Website development 24,775 24,775 Total 491,315 488,380 Accumulated depreciation (51,550 ) (31,671 ) Balance $ 439,765 $ 456,709 During the six months ended June 30, 2018, $250 was expensed as non-capitalizable equipment which was previously capitalized as Machinery at December 31, 2017. During the year ended December 31, 2017 the Company identified leasehold improvements that were impaired in the amount of $300,000. The Company recognized a loss on the impairment of $221,328, reflected in the loss from discontinued operations. Depreciation expense for the six months ended June 30, 2018 and 2017 was $19,879 and $16,368 respectively. On October 22, 2015, the Company issued an unsecured promissory note in the principal amount of $300,000 to PDQ Auctions, LLC for leasehold improvements of the facilities subleased from PDQ Auctions, LLC. The note bears interest at an annual rate of 7% and was originally payable on or before October 22, 2017 (subsequently extended until May 2021, see below), unless the note was converted or prepaid prior to the maturity date. Subject to certain limitations below, the note may be converted at any time, at the option of the holder, into shares of the Company’s common stock at a conversion price of $0.35 per share, subject to adjustment. In the event the Company issues any new or additional promissory notes that pay an interest rate that exceeds 7% per annum, then the holder shall be entitled to request an increase in the interest rate payable on the note to an amount equal to the rate being paid on the new or additional notes (which occurred on September 22, 2017, see below). The conversion of the note may be limited if, upon conversion, the holder thereof would beneficially own more than 4.9% of the Company’s common stock. The note may be prepaid at the option of the Company commencing 190 days after the issuance of the note. On September 22, 2017, the Company issued a total of 200,000 shares of common stock valued at $72,000 ($0.38 per share) in conjunction with an extension of the note to April 22, 2018. The interest rate on the Note was also increased to 10% per annum. The modifications to the debt was reflected as a material modification in the Company’s quarter ended September 30, 2017. On May 2, 2018, the Company secured a three-year extension of the convertible note in return for (1) a $5,000 per month payment applicable to current interest and principal beginning on April 22, 2018, and (2) the issuance of 274,575 new, restricted common shares. The shares were issued on June 13, 2018. The Company has begun making payments but is not current with payments required by the extension. The modifications to this debt instrument is reflected as a material modification in the Company’s financial statements as of June 30, 2018 in the amount of $90,061 and reflected as a loss on extinguishment of debt on the Company’s statement of operations.
Impairment of Long-Lived Assets	(G) Impairment of Long-Lived Assets The Company evaluates its long-lived assets for impairment whenever events or a change in circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of the asset to the future net undiscounted cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is the excess of the carrying amount over the fair value of the asset. As of June 30, 2018 and December 31, 2017, the Company determined that no impairment was necessary.
Revenue Recognition	(H) Revenue Recognition In May 2014, the FASB issued Accounting Standard Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606). This standard provides a single set of guidelines for revenue recognition to be used across all industries and requires additional disclosures. The updated guidance introduces a five-step model to achieve its core principal of the entity recognizing revenue to depict the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company adopted the updated guidance effective January 1, 2018 using the full retrospective method. Under ASC 606, in order to recognize revenue, the Company is required to identify an approved contract with commitments to preform respective obligations, identify rights of each party in the transaction regarding goods to be transferred, identify the payment terms for the goods transferred, verify that the contract has commercial substance and verify that collection of substantially all consideration is probable. The adoption of ASC 606 did not have an impact on the Company’s operations or cash flows as it relates to revenue for Basalt America. Amounts billed to customers in sales transactions related to shipping and handling, represent revenues earned for the goods provided and are included in net sales. Discontinued Operations The Company recognized revenue from product sales to customers, distributors and resellers when products that do not require further services or installation by the Company are shipped, when there are no uncertainties surrounding customer acceptance and when collectability is reasonably assured in accordance with FASB ASC 605, Revenue Recognition
Loss Per Share	(I) Loss Per Share The basic loss per share is calculated by dividing the Company's net loss available to common shareholders by the weighted average number of common shares during the period. The diluted loss per share is calculated by dividing the Company's net loss by the diluted weighted average number of shares outstanding during the period. The diluted weighted average number of shares outstanding is the basic weighted number of shares adjusted for any potentially dilutive debt or equity. Dilutive shares not included in loss per share computation June 30, December 31, (Unaudited) Options 5,600,000 5,600,000 Warrants 7,175,000 5,650,000 Convertible shares 2,660,632 2,586,746 Shares issuable — 333,333 15,435,632 14,170,079
Stock-Based Compensation	(J) Stock-Based Compensation The Company recognizes compensation costs to employees under FASB ASC Topic 718, Compensation – Stock Compensation. Under FASB ASC Topic. 718, companies are required to measure the compensation costs of share-based compensation arrangements based on the grant-date fair value and recognize the costs in the financial statements over the period during which employees are required to provide services. Share based compensation arrangements include stock options, restricted share plans, performance-based awards, share appreciation rights and employee share purchase plans. As such, compensation cost is measured on the date of grant at their fair value. Such compensation amounts, if any, are amortized over the respective vesting periods of the option grant. Equity instruments issued to other than employees are recorded on the basis of the fair value of the instruments, as required by FASB ASC Topic 505, Equity Based Payments to Non-Employees. In general, the measurement date is when either a (a) performance commitment, as defined, is reached or (b) the earlier of (i) the non-employee performance is complete or (ii) the instruments are vested. The measured value related to the instruments is recognized over a period based on the facts and circumstances of each particular grant as defined in the FASB Accounting Standards Codification.
Cost of Sales	(K) Cost of Sales Components of cost of sales include product costs and shipping costs to customers.
Shipping and Handling Costs	(L) Shipping and Handling Costs The Company includes shipping and handling fees billed to customers as revenue and shipping and handling costs to customers as cost of revenue.
Reclassification	(M) Reclassification Certain amounts from prior periods have been reclassified to conform to the current period presentation.
Segment Information	(N) Segment Information In accordance with the provisions of ASC 280-10, “ Disclosures about Segments of an Enterprise and Related Information
Income Taxes	(O) Income Taxes The Company accounts for income taxes under FASB ASC Topic 740-10-25 ("ASC 740-10-25"). Under ASC 740-10-25, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Under ASC 740-10-25, the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. On December 22, 2017, Public Law 115-97, informally referred to as the Tax Cuts and Jobs Act (“the TCJA”) was enacted into law. The TCJA provides for significant changes to the U.S. Internal Revenue Code of 1986, as amended, that impact corporate taxation requirements. Effective January 1, 2018, the federal tax rate for corporations was reduced from 35% to 21% for US taxable income and requires one-time re-measurement of deferred taxes to reflect their value at a lower tax rate of 21%. Also, mandatory repatriation of untaxed foreign earnings and profits will be taxed at 15.5% to the extent the underlying assets are liquid and 8% on the remaining balance. There are other provisions to the TCJA, such as conversion of a worldwide system to a territorial system, limitations on interest expense and domestic production deductions, which will be effective in fiscal 2019. The Company anticipates its effective tax rate to be 28% to 30%, excluding the one-time impact of the TCJA for fiscal 2018 primarily due to the reduction in the federal tax rate. The Company’s actual effective tax rate for fiscal 2018 may differ from management’s estimate due to changes in interpretations and assumptions. Due to the timing of enactment and complexity of the TCJA, the Company is unable to estimate a reasonable range of the one-time impact associated with mandatory repatriation, re-measurement of deferred taxes and other provisions of the TCJA. The Company does not anticipate any changes to its provision for income taxes for the tax bill that has gone into effect for fiscal years ending starting in 2018. June 30, December 31, (Unaudited) Expected income tax (benefit) expense at the statutory rate of 24.63% (37.63% for 2017) $ (1,462,401 ) $ (1,104,465 ) Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) – permanent differences 136,870 136,870 Change in valuation allowance 1,325,531 967,595 Provision for income taxes $ — $ — The components of deferred income taxes are as follows: June 30, December 31, (Unaudited) Deferred income tax asset - related to stock-based compensation and impairment (permanent differences) $ 756,064 $ 756,064 Net operating loss carryforwards 3,581,614 3,092,148 Effect of TCJA recalculation (1,366,527 ) (1,366,527 ) Valuation allowance (2,971,151 ) (2,481,685 ) Deferred income taxes $ — $ –– As of June 30, 2018, the Company had a net operating loss carry forward of approximately $9,200,000. As of December 31, 2017, the Company had a net operating loss carry forward of approximately $8,200,000 available to offset future taxable income through 2037. All losses that occur after December 31, 2017, are available to offset future taxable income and do not expire. This results in deferred tax assets of approximately $3,000,000 and $2,500,000 as of June 30, 2018 and December 31, 2017, offset by a valuation allowance which was approximately $3,000,000 and $2,500,000 at June 30,2018 and December 31, 2017. The change in the valuation allowance from June 30, 2018 over December 31, 2017 was an increase of approximately $600,000. Tax returns for the last three years are subject to examination by the Internal Revenue Service. As a result of the Hyperlocal acquisition in 2011 and Basalt America in 2017 and the corresponding change in ownership, the Company’s NOL’s are subject to a Section 382 limitation.
Noncontrolling Interests in Consolidated Financial Statements	(P) Noncontrolling Interests in Consolidated Financial Statements Accounting guidance on non-controlling interests in consolidated financial statements requires that a non-controlling interest in the equity of a subsidiary be accounted for and reported as equity, provides revised guidance on the treatment of net income and losses attributable to the non-controlling interest and changes in ownership interests in a subsidiary and requires additional disclosures that identify and distinguish between the interests of the controlling and non-controlling owners. Net loss attributable to the non-controlling interests totaling $352 and $0 for the six months June 30, 2018 and 2017, respectively are included in the consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN23

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Schedule of Depreciation and Amortization Periods for Fixed Assets	Depreciation/ Amortization Asset Category Period Machinery 7 -12 Years Website costs 5 Years Computer equipment 3 Years
Schedule of Computer Equipment, Leasehold Improvements and Website Costs	Fixed assets consist of the following: June 30, December 31, (Unaudited) Computer equipment $ 16,790 $ 13,605 Machinery 449,750 450,000 Website development 24,775 24,775 Total 491,315 488,380 Accumulated depreciation (51,550 ) (31,671 ) Balance $ 439,765 $ 456,709
Schedule of Dilutive Shares Not Included in Loss Per Share Computation	Dilutive shares not included in loss per share computation June 30, December 31, (Unaudited) Options 5,600,000 5,600,000 Warrants 7,175,000 5,650,000 Convertible shares 2,660,632 2,586,746 Shares issuable — 333,333 15,435,632 14,170,079
Schedule of Income Tax Rate Reconciliation	June 30, December 31, (Unaudited) Expected income tax (benefit) expense at the statutory rate of 24.63% (37.63% for 2017) $ (1,462,401 ) $ (1,104,465 ) Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) – permanent differences 136,870 136,870 Change in valuation allowance 1,325,531 967,595 Provision for income taxes $ — $ —
Schedule of the Components of Deferred Income Taxes	The components of deferred income taxes are as follows: June 30, December 31, (Unaudited) Deferred income tax asset - related to stock-based compensation and impairment (permanent differences) $ 756,064 $ 756,064 Net operating loss carryforwards 3,581,614 3,092,148 Effect of TCJA recalculation (1,366,527 ) (1,366,527 ) Valuation allowance (2,971,151 ) (2,481,685 ) Deferred income taxes $ — $ ––

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Jun. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Discontinued Operations	For the Three Months Ended For the Six Months Ended 2018 2017 2018 2017 Revenues $ — $ 26,877 $ 16,460 $ 37,909 Cost of goods sold 8,829 32,902 33,530 40,409 Gross profit (loss) (8,829 ) (6,025 ) (17,070 ) (2,500 ) Operating expenses General and administrative 2,083 22,400 2,083 198,350 Payroll expense — 6,600 — 13,920 Consulting — 10,515 — 46,715 Depreciation and amortization expense — 149 — 16,369 Loss on lease — — — 221,328 Total expense from discontinued operations 2,083 39,664 2,083 496,682 (Loss) from discontinued operations $ (10,912 ) $ (45,689 ) $ (19,153 ) $ (499,182 )
Schedule of Balance Sheets from Discontinued Operations (held For Sale)	June 30, 2018 December 31, 2017 (Unaudited) Current liabilities held for sale $ 40,898 $ 51,568

NOTES PAYABLE RELATED PARTY -25

NOTES PAYABLE RELATED PARTY - CONVERTIBLE (Tables)	6 Months Ended
	Jun. 30, 2018
Debt Disclosure [Abstract]
Schedule of Convertible Notes Payable from Related Party	June 30, 2018 December 31, 2017 (Unaudited) Note Payable related party - convertible $0.345 per share (a) $ 165,500 $ 165,500 Note Payable related party - convertible $0.12 per share (b) 10,000 10,000 Note Payable related party - convertible $0.20 per share (c) 20,000 20,000 Note Payable related party - convertible $0.30 per share (d) 182,500 182,550 Total 378,000 378,000 Offset of loans (e) (87,727 ) (87,727 ) Debt Discount — — Total $ 290,273 $ 290,273 ——————— Interest expense for the Company’s related party convertible notes payable for the three and six months ended June 30, 2018 was $6,597 and $13,121, respectively, compared to $13,897 and $36,538 to the three and six months ended June 30, 2017. Accrued interest for the Company’s related party convertible notes payable at June 30, 2018 and December 31, 2017 was $113,709 and $100,588. (a) The Company entered into two secured convertible promissory notes in the principal amount in total of $165,500 to a related party. The notes bear interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (both of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.345 per share, subject to adjustment for stock splits and dividends. The Company recorded a debt discount of $165,500 for the fair value of the beneficial conversion feature. As of December 31, 2014, the Company amortized $165,500 of the debt discount. Accrued interest at June 30, 2018 and December 31, 2017 amounted to $60,909 and $58,052, respectively. On April 15, 2014, the note holder agreed to extend the note through December 23, 2014. On December 23, 2015, the note holder agreed to extend the note through December 23, 2016. On March 15, 2017 note holder agreed to extend the note through December 31, 2017. On August 7, 2017 the note holder agreed to extend the note through December 31, 2018. As of June 30, 2018 and December 31, 2017, these two notes had accrued interest of $63,797 and $58,052, respectively. (b) The Company entered into various unsecured convertible promissory note in the total principal amount of $110,691 to a related party. The note bears interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (all of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.12 per share, subject to adjustment. The Company recorded a debt discount of $90,416 for the fair value of the beneficial conversion feature. The note holder agreed to extend the note through May 15, 2016. On May 15, 2016, the note holder agreed to extend the note through May 15, 2017, On August 7, 2017 the note holder agreed to extend the note through December 31, 2018. During the year ended December 31, 2017 the holder of the notes agreed to convert $100,691 of notes and $20,432 of accrued interest into 1,009,358 shares of common stock. As of June 30, 2018 and December 31, 2017, the Company fully amortized the debt discount and accrued interest amounted to $2,566 and $2,219, respectively. (c) The Company entered into various unsecured convertible promissory note in the principal amount of $239,975 to a related party. The note bears interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (all of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.20 per share, subject to adjustment. On August 13, 2016 the note holder agreed to extend the note through June 9, 2017. On August 7, 2017 the note holder agreed to extend the note through December 31, 2018. The Company recorded a debt discount of $217,700 for the fair value of the beneficial conversion feature. During the year ended December 31, 2017 the holder of the notes agreed to convert $219,975 of notes payable and accrued interest of $25,013 into 1,224,940 shares of common stock. As of June 30, 2018 and December 31, 2017 the Company fully amortized the debt discount and accrued interest amounted to $4,039 and $3,345, respectively. (d) The Company entered various unsecured convertible promissory notes in the principal amount of $182,500 to a related party. The note bears interest at an annual rate of 7% and were payable on or before twelve months from the date of issuance (all of which were extended as noted herein). In addition, the note may be converted at any time, at the option of the holder, into shares of the Company's common stock at a conversion price of $0.30 per share, subject to adjustment. On November 20, 2015, the note holder agreed to extend the note through April 30, 2016. On August 13, 2016 the note holder agreed to extend the note through April 30, 2017. On August 7, 2017 note holder agreed to extend the note through December 31, 2018. The Company recorded a debt discount of $183,500 for the fair value of the beneficial conversion feature. During the year ended December 31, 2017 the holder of the notes agreed to convert $1,882 of notes payable and accrued interest of $343 into 7,417 shares of common stock As of June 30, 2018 and December 31, 2017 the Company fully amortized the debt discount and had accrued interest of $43,307 and $36,972, respectively. (e) On January 20, 2015, the Company received a 7% unsecured promissory note in the principal amount of $75,000 (the “Note Receivable”) from Prodeco Technologies, LLC, an affiliated entity. The note was payable January 20, 2018. The note holder was required to pay interest in the amount of $1,312 per quarter due on the 15 th

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments	Future minimum lease commitments due for facilities leases under operating leases at June 30, 2018 are as follows, if the Company completes all of the separate six-month terms: 2018 $ 71,172 2019 147,986 2020 37,353 Total minimum lease payments $ 256,511
Schedule of Sales Commission Percentages	In addition, under the original agreement, RAW or its affiliates were entitled to sales commissions for any sales of products generated within Basalt America’s Licensed Territory they solicit by their own initiative from bona fide third parties that become new customers. Sales commissions would be paid according to the following commission schedule: RAW generated sales within the Licensed Territory RAW Commission Up to $1,000,000 5% $1,000,001 to $2,000,000 4% $2,000,001 to $3,000,000 3% $3,000,001 to $4,000,000 2% $4,000,001 + 1%
Schedule of Remaining Obligations from Business Acquisition	The obligations are outlined below: Description $ Obligation Date Met License Option Fee 500,000 1st Qtr 2017 Finished Inventory 400,000 1st Qtr 2017 Raw Materials, Misc 60,000 1st Qtr 2017 Equipment, Misc tools 50,000 2nd Qtr 2017 Rebar Mfg Machines 400,000 2nd Qtr 2017 Addl Rebar Mfg Machines 1,600,000 3 rd th st nd

OPTIONS AND WARRANTS (Tables)

OPTIONS AND WARRANTS (Tables)	6 Months Ended
	Jun. 30, 2018
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Stock Options and Warrants Activity	The following tables summarize all options and warrant grants to consultants for the year and six months ended December 31, 2017 and June 30, 2018 and the related changes during these periods are presented below. Number of Options Weighted Average Exercise Price Aggregate Intrinsic Value Balance at December 31, 2016 4,207,181 $ 0.49 $ — Granted 1,560,000 0.25 — Exercised (167,181 ) (0.10 ) — Expired — — — Balance at December 31, 2017 5,600,000 $ 0.43 $ 741,600 Granted — — — Exercised — — — Expired — — — Balance at June 30, 2018 5,600,000 $ 0.43 $ —
Stock Warrants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Stock Options and Warrants Activity	Stock Warrants: Number of Warrants Weighted Average Exercise Price Balance at December 31, 2016 — $ — Granted 5,650,000 0.46 Exercised — — Expired — — Balance at December 31, 2017 5,650,000 $ 0.46 Granted 1,525,000 0.50 Exercised — — Expired — — Balance at June 30, 2018 7,175,000 $ 0.47

ORGANIZATION, NATURE OF BUSIN28

ORGANIZATION, NATURE OF BUSINESS AND GOING CONCERN (Details) - USD ($)	1 Months Ended		6 Months Ended
	Feb. 21, 2017	Mar. 31, 2011	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Number of shares issued for business acquisition		301,296
Percentage of voting interests issued and outstanding		50.10%
Ownership percentage in an affiliated entity					55.30%
Accumulated deficit			$ 16,678,907		$ 15,225,303
Working capital deficiency			2,163,834
Net cash used in operations			923,722	$ 2,104,758
Proceeds from joint venture				$ 315,000
Accredited Investor [Member]
Ownership percentage in an affiliated entity				44.70%
Proceeds from joint venture				$ 502,500
Basalt America Territory 2, LLC [Member]
Ownership percentage in an affiliated entity				50.00%
Third Party Investor [Member]
Ownership percentage in an affiliated entity				50.00%
Affiliates [Member]
Ownership percentage in an affiliated entity			19.40%
Basalt America [Member] | Restricted Stock [Member]
Shares issued in acquisition	95,500,000

SUMMARY OF SIGNIFICANT ACCOUN29

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Accounting Policies [Abstract]
Net expense for loss attributable to the noncontrolling interests	$ 352	$ 0
Allowance for bad debts	$ 24,242

SUMMARY OF SIGNIFICANT ACCOUN30

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Fixed assets) (Details) - USD ($)	Jun. 13, 2018	Apr. 05, 2017	Sep. 22, 2017	Oct. 22, 2015	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017	Apr. 22, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, gross					$ 491,315		$ 491,315		$ 488,380
Accumulated depreciation					(51,550)		(51,550)		(31,671)
Balance					439,765		439,765		456,709
Non-capitalized equipment expense							250
Depreciation							19,879	$ 16,368
Impairment of leasehold									300,000
Loss on impairment									221,328
Common shares issued		250,000
Common stock value		$ 62,500
Secured note payable per month										$ 5,000
Loss on extinguishment of debt					$ 90,061		$ 90,061
Restricted Stock [Member]
Property, Plant and Equipment [Line Items]
Common shares issued	274,575
Common Stock [Member]
Property, Plant and Equipment [Line Items]
Common shares issued			200,000
Common stock value			$ 72,000
Common stock per share			$ 0.38
Increased interest rate			10.00%
Secured Promissory Note [Member]
Property, Plant and Equipment [Line Items]
Unsecured promissory note				$ 300,000
Interest rate				7.00%
Conversion price				$ 0.35
Additional promissory notes, interest rate				7.00%
Minimum [Member]
Property, Plant and Equipment [Line Items]
Common stock per share					$ 0.15		$ 0.15
Maximum [Member]
Property, Plant and Equipment [Line Items]
Common stock per share					$ 0.30		$ 0.30
Machinery [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross					$ 449,750		$ 449,750		450,000
Machinery [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Depreciation/ Amortization Period							7 years
Machinery [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Depreciation/ Amortization Period							12 years
Website development [Member]
Property, Plant and Equipment [Line Items]
Depreciation/ Amortization Period							5 years
Property and equipment, gross					24,775		$ 24,775		24,775
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Depreciation/ Amortization Period							3 years
Property and equipment, gross					$ 16,790		$ 16,790		$ 13,605

SUMMARY OF SIGNIFICANT ACCOUN31

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Dilutive Shares Not Included in Loss Per Share Computation) (Details) - shares	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	15,435,632	14,170,079
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	5,600,000	5,600,000
Stock Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	7,175,000	5,650,000
Convertible Debt Securities [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation	2,660,632	2,586,746
Shares Issuable [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dilutive shares not included in loss per share computation		333,333

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Income Taxes Narrative) (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2018	Dec. 31, 2017
Operating loss carryforwards	$ 9,200,000		$ 8,200,000
Operating loss carryforward expiration date	Dec. 31, 2037
Deferred tax asset gross	$ 756,064		$ 756,064
Increase in valuation allowance	$ 600,000
Federal tax rate for corporations	24.63%		37.63%
Percentage of one-time re-measurement of deferred taxes	21.00%
Percentage of repatriation of untaxed foreign earnings	15.50%
Percentage of repatriation of untaxed foreign earnings on remaining balance	8.00%
Maximum [Member]
Federal tax rate for corporations	21.00%
Maximum [Member] | Subsequent Event [Member]
Federal tax rate for corporations		30.00%
Minimum [Member] | Subsequent Event [Member]
Federal tax rate for corporations		28.00%

SUMMARY OF SIGNIFICANT ACCOUN33

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Income Taxes) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Accounting Policies [Abstract]
Expected income tax (benefit) expense at the statutory rate of 24.63% (37.63% for 2017)			$ (1,462,401)		$ (1,104,465)
Tax effect of expenses that are not deductible for income tax purposes (net of other amounts deductible for tax purposes) - permanent differences			136,870		136,870
Change in valuation allowance			1,325,531		967,595
Provision for income taxes
Deferred income tax asset - related to stock-based compensation and impairment (permanent differences)	756,064		756,064		756,064
Net operating loss carryforwards	3,581,614		3,581,614		3,092,148
Effect of TCJA recalculation	(1,366,527)		(1,366,527)		(1,366,527)
Valuation allowance	(2,971,151)		(2,971,151)		(2,481,685)
Deferred income taxes

ACQUISITION OF BASALT AMERICA (

ACQUISITION OF BASALT AMERICA (Narrative) (Details) - Restricted Stock [Member] - Basalt America [Member] - shares	1 Months Ended	12 Months Ended
	Feb. 21, 2017	Dec. 31, 2016
Business Acquisition [Line Items]
Shares issued in acquisition	95,500,000
Membership units outstanding at time of acquisition		80,500,000

DISCONTINUED OPERATIONS (Schedu

DISCONTINUED OPERATIONS (Schedule of Discontinued Operations) (Details)) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Revenues		$ 26,877	$ 16,460	$ 37,909
Cost of goods sold	8,829	32,902	33,530	40,409
Gross profit (loss)	(8,829)	(6,025)	(17,070)	(2,500)
General and administrative	2,083	22,400	2,083	198,350
Payroll expense		6,600		13,920
Consulting		10,515		46,715
Depreciation and amortization expense		149		16,369
Loss on lease				221,328
Total expense from discontinued operations	2,083	39,664	2,083	496,682
(Loss) from discontinued operations	$ (10,912)	$ (45,689)	$ (19,153)	$ (499,182)

DISCONTINUED OPERATIONS (Sche36

DISCONTINUED OPERATIONS (Schedule of Balance Sheets from Discontinued Operations (held For Sale)) (Details)) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Current liabilities held for sale	$ 40,898	$ 51,568

NOTES PAYABLE RELATED PARTY -37

NOTES PAYABLE RELATED PARTY - CONVERTIBLE (Narrative) (Details) - USD ($)	Feb. 06, 2015	Jan. 20, 2015	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2015	Dec. 31, 2017
Debt Instrument [Line Items]
Amortization of debt discount						$ 12,672
Accrued interest			$ 56,441		56,441			$ 46,027
Investment Income, Interest							$ 2,967
Notes receivable - related party							84,760
Accrued interest - related party							$ 2,967
Interest expense			0		386
Unsecured Promissory Note Receivable One [Member] | Affiliated Entity [Member]
Debt Instrument [Line Items]
Principal amount		$ 75,000
Annual interest rate		7.00%
Maturity date		Jan. 20, 2018
Quarterly interest payment		$ 1,312
Unsecured Promissory Note Receivable Two [Member] | Affiliated Entity [Member]
Debt Instrument [Line Items]
Principal amount	$ 9,761
Maturity date	Feb. 8, 2018
Note Payable related party - convertible [Member]
Debt Instrument [Line Items]
Interest expense			6,597	13,897	13,121	36,538
Note Payable related party - convertible [Member]
Debt Instrument [Line Items]
Accrued interest			113,709		113,709			100,588
Interest expense			5,236	$ 5,178	10,414	$ 10,356
Note Payable related party - convertible @ $0.345 per share [Member] | Secured convertible promissory notes [Member]
Debt Instrument [Line Items]
Debt principal amount			$ 165,500		$ 165,500
Interest rate			7.00%		7.00%
Conversion price			$ 0.345		$ 0.345
Beneficial conversion value for convertible debt					$ 165,500
Accrued interest			$ 60,909		60,909			58,052
Note Payable related party - convertible two notes @ $0.345 per share [Member] | Secured convertible promissory notes [Member]
Debt Instrument [Line Items]
Accrued interest			63,797		63,797			58,052
Note Payable related party - convertible @ $0.12 per share [Member] | Unsecured promissory notes [Member]
Debt Instrument [Line Items]
Debt principal amount			$ 110,691		$ 110,691
Interest rate			7.00%		7.00%
Conversion price			$ 0.12		$ 0.12
Beneficial conversion value for convertible debt					$ 90,416
Accrued interest			$ 2,566		2,566			2,219
Notes receivable - related party								100,691
Accrued interest - related party								$ 20,432
Common stock								1,009,358
Note Payable related party - convertible @ $0.20 per share [Member] | Unsecured promissory notes [Member]
Debt Instrument [Line Items]
Debt principal amount			$ 239,975		$ 239,975
Interest rate			7.00%		7.00%
Conversion price			$ 0.20		$ 0.20
Beneficial conversion value for convertible debt					$ 217,700
Accrued interest			$ 4,039		4,039			$ 3,345
Notes receivable - related party								219,975
Accrued interest - related party								$ 25,013
Common stock								1,224,940
Note Payable related party - convertible @ $0.30 per share [Member] | Unsecured promissory notes [Member]
Debt Instrument [Line Items]
Debt principal amount			$ 182,500		$ 182,500
Interest rate			7.00%		7.00%
Conversion price			$ 0.30		$ 0.30
Beneficial conversion value for convertible debt					$ 183,500
Accrued interest			$ 43,307		$ 43,307			$ 36,972
Notes receivable - related party								1,882
Accrued interest - related party								$ 343
Common stock								7,417

NOTES PAYABLE RELATED PARTY -38

NOTES PAYABLE RELATED PARTY - CONVERTIBLE (Schedule of Convertible Notes Payable) (Details) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total	$ 378,000	$ 378,000
Offset of loans	(87,727)	(87,727)
Debt Discount
Total	290,273	290,273
Note Payable related party - convertible @ $0.345 per share [Member]
Debt Instrument [Line Items]
Total	165,500	165,500
Note Payable related party - convertible @ $0.12 per share [Member]
Debt Instrument [Line Items]
Total	10,000	10,000
Note Payable related party - convertible @ $0.20 per share [Member]
Debt Instrument [Line Items]
Total	20,000	20,000
Note Payable related party - convertible @ $0.30 per share [Member]
Debt Instrument [Line Items]
Total	$ 182,550	$ 182,550

NOTE PAYABLE - CONVERTIBLE (Det

NOTE PAYABLE - CONVERTIBLE (Details) - USD ($)	Jun. 13, 2018	Apr. 05, 2017	Sep. 22, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Apr. 22, 2018	Dec. 31, 2017	Oct. 22, 2015
Debt Instrument [Line Items]
Accrued interest				$ 56,441		$ 56,441			$ 46,027
Common shares issued		250,000
Common stock value		$ 62,500
Secured note payable per month								$ 5,000
Loss on extinguishment of debt				90,061		90,061
Interest expense				0		386
Restricted Stock [Member]
Debt Instrument [Line Items]
Common shares issued	274,575
Common Stock [Member]
Debt Instrument [Line Items]
Common shares issued			200,000
Common stock value			$ 72,000
Common stock per share			$ 0.38
Increased interest rate			10.00%
Percentage of present value of remaining cash flow			10.00%
Discount rate			7.00%
Secured Promissory Note [Member]
Debt Instrument [Line Items]
Unsecured promissory note										$ 300,000
Note interest rate										7.00%
Conversion price										$ 0.35
Note Payable related party - convertible [Member]
Debt Instrument [Line Items]
Accrued interest				113,709		113,709			$ 100,588
Loss on extinguishment of debt						90,061
Interest expense				$ 5,236	$ 5,178	$ 10,414	$ 10,356

NOTES PAYABLE (Details)

NOTES PAYABLE (Details) - USD ($)	Dec. 11, 2017	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Dec. 31, 2017
Debt Instrument [Line Items]
Accured interest				$ 0		$ 321
Interest expense		$ 0		$ 386
Basalt America [Member]
Debt Instrument [Line Items]
Accured interest	$ 690
Promissory notes [Member]
Debt Instrument [Line Items]
Proceeds from notes payable	$ 30,000
Interest rate	10.00%

NOTES PAYABLE - RELATED PARTY (

NOTES PAYABLE - RELATED PARTY (Details) - USD ($)	Aug. 15, 2018	Mar. 28, 2018	Aug. 09, 2017	Jun. 02, 2017	Mar. 19, 2018	Dec. 31, 2017	Nov. 27, 2017	May 25, 2017	Sep. 30, 2018	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Aug. 30, 2018
Debt Instrument [Line Items]
Issuance of stock for services				$ 5,000				$ 10,000
Accrued interest						$ 46,027				$ 56,441		$ 56,441
Notes Payable Related Party [Member]
Debt Instrument [Line Items]
Accrued interest						8,837				25,218		25,218
Interest expense										8,397	$ 0	17,072	$ 96
Demand Revolving Credit Line from EAC Management, LLC [Member]
Debt Instrument [Line Items]
Interest rate					5.00%
Proceeds from line of credit		$ 50,000			$ 100,000
Demand Note [Member]
Debt Instrument [Line Items]
Accrued interest						203				377		377
Demand Note One [Member]
Debt Instrument [Line Items]
Accrued interest						$ 422				769		769
Credit Line from EAC Management, LLC [Member]
Debt Instrument [Line Items]
Accrued interest										1,240		1,240
Proceeds from line of credit												50,000
RVRM Holdings, LLC [Member]
Debt Instrument [Line Items]
Debt conversion restricted shares issued, value										$ 90,000
Debt conversion restricted shares issued										1,200,000
RVRM Holdings, LLC [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Debt conversion restricted shares issued, value	$ 90,000
Debt conversion restricted shares issued	1,200,000
CAM Group of Florida [Member] | Secured Promissory Note and General Collateral Assignment and Security Agreement [Member]
Debt Instrument [Line Items]
Proceeds from notes payable			$ 200,000
Maturity date			Nov. 9, 2017			Feb. 28, 2018	Dec. 31, 2017
Interest rate			10.00%
Accrued interest						$ 7,890				$ 17,808		$ 17,808
CAM Group of Florida [Member] | Secured Promissory Note and General Collateral Assignment and Security Agreement [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Convertible debt														$ 200,000
Unsecured promissory notes [Member] | EAC Management, LLC [Member]
Debt Instrument [Line Items]
Interest rate										4.00%		4.00%
Accrued interest										$ 214		$ 214
Proceeds from unsecured debt										14,800
Repayments of unsecured debt										$ 4,000
Unsecured promissory notes [Member] | EAC Management, LLC [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Proceeds from unsecured debt									$ 1,100
Repayments of unsecured debt									$ 11,900
Unsecured promissory notes [Member] | VCVC, LLC [Member]
Debt Instrument [Line Items]
Interest rate										4.00%		4.00%
Accrued interest										$ 3,025		$ 3,025
Proceeds from unsecured debt										$ 152,500
Unsecured promissory notes [Member] | RVRM Holdings, LLC [Member]
Debt Instrument [Line Items]
Interest rate										4.00%		4.00%
Accrued interest										$ 1,785		$ 1,785
Proceeds from unsecured debt										$ 90,000

PURCHASE ORDER FINANCING - RE42

PURCHASE ORDER FINANCING - RELATED PARTY (Details) - Third party two [Member] - USD ($)	Sep. 14, 2016	Dec. 31, 2016	Jun. 30, 2018	Dec. 31, 2017
Sale of current purchase orders	$ 5,000
Exchange amount of purchase order	4,000
Deferred finance charge	$ 1,000
Deferred finance charge amortized during the period		$ 1,000
Purchase order financing - related party, net			$ 4,000	$ 4,000
Amount included current liabilities held for sale			$ 4,000	$ 4,000

COMMITMENTS AND CONTINGENCIES43

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) - USD ($)	Jan. 15, 2017	Jan. 05, 2017	Jul. 18, 2014	May 01, 2013	Mar. 31, 2017	Oct. 22, 2015	Aug. 31, 2011	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Mar. 19, 2018	Dec. 31, 2017
Long-term Purchase Commitment [Line Items]
Accrued payroll												$ 200,000
Accrued payroll taxes												$ 15,300
Security deposit required				$ 31,407
Monthly lease expense				$ 9,900
Lease term								39 months		39 months
Number of months for timely monthly payments before deferred rent is forgiven						5 years				36 months
Default amount, payable for settlement								$ 41,937		$ 41,937
Accelerated rent and damages										376,424
Attorney costs										12,442
Unpaid rent, recovery of abated rents and tenant improvements										388,866
Sublease initial monthly sum						$ 5,617
Additional sublease initial monthly sum						$ 5,899
Convertible note payable								300,000		300,000
Accrued interest								58,956		58,956			$ 49,796
Amount charged in exchange for services								56,982	$ 54,448	90,370	$ 140,051
Non - controlling interest								224,827		224,827			224,475
Proceeds from joint venture											315,000
Raw Energy Materials Corp [Member]
Long-term Purchase Commitment [Line Items]
Amount charged in exchange for services	$ 10,000
Term of agreement	5 years
Option Fee and certain other obligations		$ 500,000
Percentage of revenue of received		4.00%
Sales obligation								3,753		3,753			388
Remaining obligation								400,000		400,000
Additional amount of rebar machines not delivered								1,200,000		1,200,000
Yellow Turtle Design, LLC [Member]
Long-term Purchase Commitment [Line Items]
Amount charged in exchange for services	$ 5,000
Term of agreement	5 years
Basalt America Territory 1, LLC [Member]
Long-term Purchase Commitment [Line Items]
Proceeds from investors										$ 502,500
Percentage own by company										55.30%
Percentage owns in joint ventures by investors										44.70%
Basalt America Territory 2, LLC [Member]
Long-term Purchase Commitment [Line Items]
Percentage owns in joint ventures by investors										50.00%
Last two terms [Member]
Long-term Purchase Commitment [Line Items]
Monthly lease expense					$ 12,450
First two terms [Member]
Long-term Purchase Commitment [Line Items]
Monthly lease expense					$ 11,520
Lease Agreements [Member]
Long-term Purchase Commitment [Line Items]
Lease term					6 months
Chief Executive Officer [Member]
Long-term Purchase Commitment [Line Items]
Annual base salary							$ 250,000
Annual bonus minimum aggregate							$ 50,000
Forgiveness of accrued payroll			$ 326,727
Base salary reduction percentage			30.00%
Elimination of guaranteed bonus			$ 50,000
Salary expense								6,182	$ 43,750	$ 49,932	$ 87,500
Accrued payroll								271,354		271,354			468,922
Joint venturer [Member]
Long-term Purchase Commitment [Line Items]
Non - controlling interest								$ 224,827		224,827			$ 224,475
Proceeds from joint venture										288,750
Five Accredited Investor [Member]
Long-term Purchase Commitment [Line Items]
Proceeds from joint venture										$ 213,750

COMMITMENTS AND CONTINGENCIES44

COMMITMENTS AND CONTINGENCIES (Schedule of Future Minimum Rental Payments) (Details)	Jun. 30, 2018USD ($)
Commitments And Contingencies Details
2,018	$ 71,172
2,019	147,986
2,020	37,353
Total minimum lease payments	$ 256,511

COMMITMENTS AND CONTINGENCIES45

COMMITMENTS AND CONTINGENCIES (Schedule of Sales Commission Percentages) (Details)	6 Months Ended
	Jun. 30, 2018
Up to $1,000,000 [Member]
Commission percentage rate	5.00%
$1,000,001 to $2,000,000 [Member]
Commission percentage rate	4.00%
$2,000,001 to $3,000,000 [Member]
Commission percentage rate	3.00%
$3,000,001 to $4,000,000 [Member]
Commission percentage rate	2.00%
$4,000,001 + [Member]
Commission percentage rate	1.00%

COMMITMENTS AND CONTINGENCIES46

COMMITMENTS AND CONTINGENCIES (Schedule of Remaining Obligations from Business Acquisition) (Details) - USD ($)	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017
License Option Fee [Member]
Remaining obligations of business acquired						$ 500,000
Finished Inventory [Member]
Remaining obligations of business acquired						400,000
Raw Materials, Misc [Member]
Remaining obligations of business acquired						$ 60,000
Equipment, Misc tools [Member]
Remaining obligations of business acquired					$ 50,000
Rebar Mfg Machines [Member]
Remaining obligations of business acquired					$ 400,000
Addl Rebar Mfg Machines [Member]
Remaining obligations of business acquired	$ 1,600,000	$ 1,600,000	$ 1,600,000	$ 1,600,000

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT) (Details) - USD ($)	Jun. 13, 2018	Apr. 04, 2018	May 04, 2017	Apr. 05, 2017	Apr. 22, 2018	Nov. 14, 2017	Sep. 22, 2017	Jun. 29, 2017	Feb. 21, 2017	Jun. 30, 2018	Jun. 30, 2018	Dec. 31, 2017
Class of Stock [Line Items]
Common stock, shares authorized										1,000,000,000	1,000,000,000	1,000,000,000
Common stock, par value per share										$ 0.001	$ 0.001	$ 0.001
Preferred stock, par value per share										$ 0.001	$ 0.001	$ 0.001
Preferred stock, shares authorized										5,000,000	5,000,000	5,000,000
Issuance of stock for services, shares												3,730,000
Sale of stock, number of shares issued in transaction											2,438,299
Sale of stock, consideration received on transaction											$ 575,240
Common shares issued				250,000
Common stock value				$ 62,500
Principal amount		$ 290,273
Minimum [Member]
Class of Stock [Line Items]
Sale of stock, price per share										$ 0.15	$ 0.15
Maximum [Member]
Class of Stock [Line Items]
Sale of stock, price per share										0.30	$ 0.30
Accredited investors [Member]
Class of Stock [Line Items]
Sale of stock, number of shares issued in transaction												9,446,938
Sale of stock, consideration received on transaction												$ 2,176,180
Sale of stock, price per share												$ 0.23
Strike price of warrants												$ 0.40
Accredited Investor [Member]
Class of Stock [Line Items]
Five-year warrants to be acquired											562,500
Strike price of warrants										0.40	$ 0.40
Two Accredited Investor [Member]
Class of Stock [Line Items]
Five-year warrants to be acquired											562,500
Strike price of warrants										0.60	$ 0.60
Three Accredited Investor [Member]
Class of Stock [Line Items]
Five-year warrants to be acquired											400,000
Strike price of warrants										0.50	$ 0.50
Four Accredited Investor [Member]
Class of Stock [Line Items]
Five-year warrants to be acquired											350,000
Strike price of warrants										$ 0.15	$ 0.15
Convertible 7% per annum Note [Member]
Class of Stock [Line Items]
Interest rate							7.00%
Principal amount							$ 300,000
Maturity date							Sep. 22, 2017
Secured three-year extension of convertible note [Member]
Class of Stock [Line Items]
Monthly payments					$ 5,000
Material modification amount										$ 90,061
Common Stock [Member]
Class of Stock [Line Items]
Sale of stock, price per share							$ 0.38
Common shares issued							200,000
Common stock value							$ 72,000
Increased interest rate							10.00%
Percentage of present value of remaining cash flow							10.00%
Discount rate							7.00%
Related Party [Member]
Class of Stock [Line Items]
Sale of stock, number of shares issued in transaction			170,000			1,520,000
Sale of stock, consideration received on transaction			$ 42,500			$ 380,000
Sale of stock, price per share			$ 0.25			$ 0.25
Principal amount								$ 323,048
Accrued interest								$ 45,318
Five-year warrants to be acquired						760,000
Strike price of warrants						$ 0.40
Restricted Stock [Member]
Class of Stock [Line Items]
Common shares issued	274,575
Restricted Stock [Member] | Secured three-year extension of convertible note [Member]
Class of Stock [Line Items]
Common shares issued	274,575
Restricted Stock [Member] | Basalt America [Member]
Class of Stock [Line Items]
Shares issued in acquisition									95,500,000
Restricted Common Shares [Member]
Class of Stock [Line Items]
Common shares issued								2,248,620
Convertible notes issued								$ 368,366

OPTIONS AND WARRANTS (Narrative

OPTIONS AND WARRANTS (Narrative) (Details) - USD ($)

Jun. 02, 2017

Apr. 05, 2017

Oct. 17, 2019

Oct. 17, 2018

Sep. 17, 2018

Aug. 31, 2018

Oct. 17, 2017

May 25, 2017

Jan. 30, 2017

Apr. 30, 2014

Jun. 30, 2018

Jun. 30, 2017

Dec. 31, 2017

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

5,600,000

5,600,000

Issuance of stock for services

$ 5,000

$ 10,000

Number of options and warrants vested

5,007,500

4,497,500

Warrants and options issued for services

$ 3,028

$ 1,056

Shares issued in exercise of stock options

167,181

Stock options exercised

167,181

Stock Warrants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

350,000

Options granted, exercise price

$ 0.15

Warrants term

5 years

Stock options exercised

Transaction One [Member] | Stock Warrants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

1,525,000

Options granted, exercise price

$ 0.50

Warrants term

5 years

Transaction Two [Member] | Stock Warrants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

562,500

Options granted, exercise price

$ 0.40

Transaction Three [Member] | Stock Warrants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

400,000

Options granted, exercise price

$ 0.50

Transaction Four [Member] | Stock Warrants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

562,500

Options granted, exercise price

$ 0.60

Accredited investors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of securities of common stock callable by warrants

2,175,000

Strike price of warrants

$ 0.40

Warrants vesting scenario, period

5 years

Accredited investors [Member] | Transaction One [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of securities of common stock callable by warrants

2,075,000

Strike price of warrants

$ 0.60

Warrants vesting scenario, period

5 years

Investors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of securities of common stock callable by warrants

400,000

Strike price of warrants

$ 0.25

Warrants vesting scenario, period

5 years

Consultants [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of securities of common stock callable by warrants

1,000,000

Strike price of warrants

$ 0.40

Warrants vesting scenario, period

5 years

Subsequent Event [Member] | Chief Executive Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options canceled

1,000,000

Three Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Expected dividend yield

0.00%

Volatility

188.00%

Risk-free interest rate (per annum)

1.19%

Estimated life

2 years

Issued stock options to acquire common stock

200,000

Options strike price

$ 0.25

Options expiry date

Jan. 30, 2024

Consultants and Directors [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

1,360,000

Options strike price

$ 0.25

Options expiry date

Oct. 17, 2022

Options vest

25.00%

Consultants and Directors [Member] | Subsequent Event [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options vest

25.00%

25.00%

Options to purchase 167,181 [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Options granted

167,181

Options granted, exercise price

$ 0.10

Issuance of stock for services

$ 16,718

Expected dividend yield

0.00%

Volatility

105.00%

Risk-free interest rate (per annum)

0.87%

Estimated life

3 years

OPTIONS AND WARRANTS (Summary o

OPTIONS AND WARRANTS (Summary of Options and Warrants Activity) (Details) - USD ($)	Apr. 05, 2017	Jun. 30, 2018	Dec. 31, 2017
Number of Options and Warrants
Exercised	(167,181)
Stock Options [Member]
Number of Options and Warrants
Beginning Balance		5,600,000	4,207,181
Granted			1,560,000
Exercised			(167,181)
Expired
Ending Balance		5,600,000	5,600,000
Weighted Average Exercise Price
Beginning Balance		$ 0.43	$ 0.49
Granted			0.25
Exercised			(0.10)
Expired
Ending Balance		$ 0.43	$ 0.43
Aggregate Intrinsic Value
Beginning Balance		$ 741,600
Granted
Exercised
Expired
Ending Balance			$ 741,600
Stock Warrants [Member]
Number of Options and Warrants
Beginning Balance		5,650,000
Granted		1,525,000	5,650,000
Exercised
Expired
Ending Balance		7,175,000	5,650,000
Weighted Average Exercise Price
Beginning Balance		$ 0.46
Granted		0.50	0.46
Exercised
Expired
Ending Balance		$ 0.47	$ 0.46

RELATED PARTIES (Details)

RELATED PARTIES (Details) - USD ($)	Apr. 14, 2018	Apr. 13, 2018	Apr. 04, 2018	May 04, 2017	Apr. 05, 2017	Jul. 18, 2014	Nov. 14, 2017	Jun. 29, 2017	Aug. 31, 2011	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017	Mar. 19, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Accrued payroll														$ 200,000
Due to related party										$ 7,011		$ 7,011			$ 51,048
Accrued payroll taxes														$ 15,300
Sale of stock, number of shares issued in transaction												2,438,299
Sale of stock, consideration received on transaction												$ 575,240
Shares issued					250,000
Shares issued, value					$ 62,500
Principal amount			$ 290,273
Demand Revolving Credit Line from EAC Management, LLC [Member]
Related Party Transaction [Line Items]
Repayment of amounts borrowed		$ 50,000
Accrued interest										1,240		1,240
VCVC, LLC [Member]
Related Party Transaction [Line Items]
Accrued interest										3,025		$ 3,025
Proceeds from unsecured debt										$ 152,500
Interest rate										4.00%		4.00%
RVRM [Member] | Five unsecured ninety-day promissory notes [Member]
Related Party Transaction [Line Items]
Accrued interest										$ 1,785		$ 1,785
Proceeds from unsecured debt										$ 90,000
Interest rate										4.00%		4.00%
Debt conversion shares issued, value										$ 90,000
Debt conversion shares issued										1,200,000
Related Party [Member]
Related Party Transaction [Line Items]
Sale of stock, number of shares issued in transaction				170,000			1,520,000
Sale of stock, consideration received on transaction				$ 42,500			$ 380,000
Sale of stock, price per share				$ 0.25			$ 0.25
Strike price of warrants							$ 0.40
Five-year warrants to be acquired							760,000
Principal amount								$ 323,048
Related Party [Member] | Transaction One [Member]
Related Party Transaction [Line Items]
Strike price of warrants							$ 0.60
Five-year warrants to be acquired							760,000
Edward .A Cespedes [Member]
Related Party Transaction [Line Items]
Salary expense	$ 15,000
EAC [Member]
Related Party Transaction [Line Items]
Accrued payroll										$ 26,250		$ 26,250
Accrued interest										214		$ 214
Proceeds from unsecured debt										$ 14,800
Interest rate										4.00%		4.00%
Repayments of unsecured debt										$ 4,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Annual base salary									$ 250,000
Annual bonus aggregate minimum									$ 50,000
Forgiveness of accrued payroll						$ 326,727
Base salary reduction percentage						30.00%
Guaranteed bonus eliminated						$ 50,000
Salary expense										6,182	$ 43,750	$ 49,932	$ 87,500
Accrued payroll										271,354		271,354			468,922
Chief Executive Officer [Member] | Consultant [Member]
Related Party Transaction [Line Items]
Due to related party										$ 7,011		$ 7,011			$ 51,048

CONCENTRATIONS (Details)

CONCENTRATIONS (Details)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Product Sales [Member] | Customer One [Member]
Concentration Risk [Line Items]
Concentration risk, percentage	85.00%

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)

Aug. 15, 2018

Jul. 11, 2018

Apr. 13, 2018

Apr. 05, 2017

Sep. 19, 2018

Aug. 30, 2018

Aug. 24, 2018

Aug. 22, 2018

Aug. 17, 2018

Aug. 16, 2018

Sep. 30, 2018

Jun. 30, 2018

Jun. 30, 2018

Sep. 17, 2018

Sep. 13, 2018

Subsequent Event [Line Items]

Common shares issued

250,000

Sale of stock, number of shares issued in transaction

2,438,299

Sale of stock, consideration received on transaction

$ 575,240

Demand Revolving Credit Line from EAC Management, LLC [Member]

Subsequent Event [Line Items]

Repayment of amounts borrowed

$ 50,000

Accrued interest amount forgiven

$ 1,240

$ 1,240

RVRM Holdings, LLC [Member]

Subsequent Event [Line Items]

Debt conversion restricted shares issued, value

$ 90,000

Debt conversion restricted shares issued

1,200,000

RVRM Holdings, LLC [Member] | Unsecured promissory notes [Member]

Subsequent Event [Line Items]

Proceeds from unsecured debt

$ 90,000

EAC Management, LLC [Member] | Unsecured promissory notes [Member]

Subsequent Event [Line Items]

Proceeds from unsecured debt

14,800

Repayments of unsecured debt

4,000

VCVC, LLC [Member]

Subsequent Event [Line Items]

Proceeds from unsecured debt

$ 152,500

Interest rate

4.00%

4.00%

Accrued interest amount forgiven

$ 3,025

$ 3,025

Subsequent Event [Member] | Chairman and chief executive officer [Member]

Subsequent Event [Line Items]

Warrants to purchase common stock

1,000,000

Strike price of warrants

$ 0.51

Subsequent Event [Member] | David Anderson [Member]

Subsequent Event [Line Items]

Warrants to purchase common stock

1,000,000

Warrants term

5 years

Strike price of warrants

$ 0.1235

Subsequent Event [Member] | Consultant [Member]

Subsequent Event [Line Items]

Common shares issued

4,500,000

Subsequent Event [Member] | Paul Sallarulo [Member]

Subsequent Event [Line Items]

Sale of stock, number of shares issued in transaction

1,333,333

Sale of stock, consideration received on transaction

$ 100,000

Sale of stock, price per share

$ 0.075

Subsequent Event [Member] | Edward A. Cespedes [Member]

Subsequent Event [Line Items]

Accrued vacation forgave amount

$ 77,780

Subsequent Event [Member] | CAM Group of Florida [Member]

Subsequent Event [Line Items]

Accrued interest amount forgiven

$ 20,329

Debt conversion restricted shares issued, value

$ 200,000

Debt conversion restricted shares issued

2,666,667

Debt conversion restricted shares price per share

$ 0.075

Subsequent Event [Member] | Demand Revolving Credit Line from EAC Management, LLC [Member]

Subsequent Event [Line Items]

Repayment of amounts borrowed

$ 50,000

Subsequent Event [Member] | RVRM Holdings, LLC [Member]

Subsequent Event [Line Items]

Accrued interest amount forgiven

$ 2,239

Sale of stock, number of shares issued in transaction

1,333,333

Sale of stock, consideration received on transaction

$ 100,000

Sale of stock, price per share

$ 0.075

Debt conversion restricted shares issued, value

$ 90,000

Debt conversion restricted shares issued

1,200,000

Debt conversion restricted shares price per share

$ 0.075

Subsequent Event [Member] | ARGJ, LLC [Member]

Subsequent Event [Line Items]

Sale of stock, number of shares issued in transaction

666,667

Sale of stock, consideration received on transaction

$ 50,000

Sale of stock, price per share

$ 0.075

Subsequent Event [Member] | EAC Management, LLC [Member]

Subsequent Event [Line Items]

Common shares returned

500,000

Subsequent Event [Member] | EAC Management, LLC [Member] | Unsecured promissory notes [Member]

Subsequent Event [Line Items]

Proceeds from unsecured debt

$ 1,100

Interest rate

4.00%

Repayments of unsecured debt

$ 11,900

Subsequent Event [Member] | VCVC, LLC [Member] | Unsecured promissory notes [Member]

Subsequent Event [Line Items]

Proceeds from unsecured debt

$ 102,500

Interest rate

4.00%

Subsequent Event [Member] | Accredited investor[Member]

Subsequent Event [Line Items]

Sale of stock, number of shares issued in transaction

400,000

150,000

Sale of stock, consideration received on transaction

$ 30,000

$ 15,000

Sale of stock, price per share

$ 0.075

$ 0.10

Warrants term

5 years

Strike price of warrants

$ 0.15

Five-year warrants to be acquired

150,000

Subsequent Event [Member] | Accredited investor[Member] | Transaction One [Member]

Subsequent Event [Line Items]

Sale of stock, number of shares issued in transaction

200,000

Sale of stock, consideration received on transaction

$ 20,000

Sale of stock, price per share

$ 0.10

Warrants term

5 years

Strike price of warrants

$ 0.15

Five-year warrants to be acquired

200,000

Subsequent Event [Member] | Accredited investor[Member] | Transaction Two [Member]

Subsequent Event [Line Items]

Sale of stock, number of shares issued in transaction

66,667

Sale of stock, consideration received on transaction

$ 5,000

Sale of stock, price per share

$ 0.075