SMC Entertainment (SMCE) 10-K 15 Apr 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Jun. 30, 2023
Cover [Abstract]
Entity Registrant Name	SMC ENTERTAINMENT, INC.
Entity Central Index Key	0001497230
Document Type	10-K
Amendment Flag	false
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2023
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding	1,473,960,743
Entity Public Float		$ 841,180
Document Annual Report	true
Document Transition Report	false
Document Fin Stmt Error Correction Flag	false
Entity File Number	000-56558
Entity Incorporation State Country Code	NV
Entity Tax Identification Number	20-0108910
Entity Address Address Line 1	9170 Glades
Entity Address Address Line 2	Road Suite 150
Entity Address City Or Town	Boca Raton
Entity Address State Or Province	FL
Entity Address Postal Zip Code	33434
City Area Code	360
Auditor Firm Id	5968
Local Phone Number	820-5973
Security 12g Title	Common Stock Par Value $0.001
Trading Symbol	SMCE
Entity Interactive Data Current	Yes
Auditor Name	OLAYINKA OYEBOLA & CO.
Auditor Location	Lagos, Nigeria

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash	$ 7,269	$ 2,350
Receivable	300,000	300,000
Prepaids and other current assets	0	6,000
Total Current Assets	307,269	308,350
Goodwill	64,194	0
Total Assets	371,463	308,350
Current Liabilities:
Accounts payable and accrued liabilities	87,887	30,044
Accrued compensation	1,486,335	926,835
Due to related parties	22,394	15,625
Convertible notes	846,269	682,017
Accrued interest	465,064	472,789
Derivative liability	792,575	536,398
Total Current Liabilities	3,700,524	2,663,708
Total Liabilities	3,700,524	2,663,708
Shareholders' Deficit:
Common stock $0.001 par value, 3,000,000,000 shares authorized; 1,379,960,743 and 962,535,830 shares issued and outstanding, respectively	1,379,961	962,536
Discount for series B Preferred stock	(24,967,500)	0
Common stock to be issued	22,000	23,500
Additional paid-in capital	12,796,175	12,657,620
Accumulated deficit	(17,560,687)	(16,000,004)
Total Stockholders' Deficit	(3,329,061)	(2,355,358)
Total Liabilities and Stockholders' Deficit	371,463	308,350
Series B Preferred Stock [Member]
Shareholders' Deficit:
Preferred stock, value	25,000,000	0
Series A Preferred Stock [Member]
Shareholders' Deficit:
Preferred stock, value	$ 990	$ 990

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	3,000,000,000	3,000,000,000
Common stock, shares issued	1,379,960,743	962,535,830
Common stock, shares outstanding	1,379,960,743	962,535,830
Series A Preferred Stock [Member]
Preferred stock, shares par value	$ 0.001	$ 0.001
Preferred stock, shares issued	990,346	990,346
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares outstanding	990,346	990,346
Series B Preferred Stock [Member]
Preferred stock, shares par value	$ 10	$ 10
Preferred stock, shares issued	2,500,000	0
Preferred stock, shares authorized	4,500,000	4,500,000
Preferred stock, shares outstanding	2,500,000	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS
Revenue	$ 752	$ 0
Operating Expenses:
General and administrative	244,069	229,258
Compensation expense - related party	677,500	2,936,475
Total operating expenses	921,569	3,165,733
Loss from operations	(920,817)	(3,165,733)
Other income (expense):
Interest expense	(56,770)	(64,144)
Gain on conversion of debt	7,762	0
Change in fair value of derivative	(487,543)	1,679,582
Loss on conversion of debt	(103,315)	0
Other income	0	320,000
Total Other (Expense) Income	(639,866)	1,935,438
Net Loss	$ (1,560,683)	$ (1,230,295)
Net loss per share - basic and diluted	$ 0	$ 0
Weighted average shares outstanding, basic and diluted	1,179,815,585	933,446,931

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS DEFICIT - USD ($)	Total	Preferred Stock Series A [Member]	Preferred Stock Series B [Member]	Common Stock	Additional Paid-In Capital	Discount to Preferred stock [Member]	Common Stock to Be Issued [Member]	Accumulated Deficit [Member]
Balance, shares at Dec. 31, 2021		990,346		722,126,974
Balance, amount at Dec. 31, 2021	$ (3,775,078)	$ 990	$ 0	$ 722,127	$ 10,203,064	$ 0	$ 68,450	$ (14,769,709)
Common stock issued for conversion of debt, shares				72,000,000
Common stock issued for conversion of debt, amount	131,040	0	0	$ 72,000	59,040	0	0	0
Common stock issued for services - related party, shares				190,000,000
Common stock issued for services - related party, amount	2,413,975	0	0	$ 190,000	2,283,925	0	(59,950)	0
Common stock issued for services, shares				21,408,856
Common stock issued for services, amount	105,000	0	0	$ 21,409	68,591	0	15,000	0
Common stock cancelled, shares				(43,000,000)
Common stock cancelled, amount	0	0	0	$ (43,000)	43,000	0	0	0
Net loss	(1,230,295)	$ 0	0	$ 0	0	0	0	(1,230,295)
Balance, shares at Dec. 31, 2022		990,346		962,535,830
Balance, amount at Dec. 31, 2022	(2,355,358)	$ 990	0	$ 962,536	12,657,620	0	23,500	(16,000,004)
Balance, shares at Dec. 31, 2022		990,346		962,535,830
Balance, amount at Dec. 31, 2022	(2,355,358)	$ 990	0	$ 962,536	12,657,620	0	23,500	(16,000,004)
Common stock issued for conversion of debt, shares				280,900,000
Common stock issued for conversion of debt, amount	413,480	0	0	$ 280,900	132,580	0	0	0
Common stock issued for services - related party, shares				100,000,000
Common stock issued for services - related party, amount	103,500	0	0	$ 100,000	(10,000)	0	13,500	0
Common stock issued for services, shares				36,524,913
Common stock issued for services, amount	37,500	0	0	$ 36,525	15,975	0	15,000	0
Net loss	(1,560,683)	0	$ 0	0	0	0	0	(1,560,683)
Preferred stock issued for acquisition, shares			2,500,000
Preferred stock issued for acquisition, amount	32,500	$ 0	$ 25,000,000	$ 0	0	24,967,500	0	0
Balance, shares at Dec. 31, 2023		990,346	2,500,000	1,379,960,743
Balance, amount at Dec. 31, 2023	$ (3,329,061)	$ 990	$ 25,000,000	$ 1,379,961	$ 12,796,175	$ (24,967,500)	$ 22,000	$ (17,560,687)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash Flows from Operating Activities:
Net loss	$ (1,560,683)	$ (1,230,295)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for services - related party	116,500	2,413,975
Common stock issued for services	37,500	105,000
Change in fair value of derivative	487,543	(1,679,582)
Gain on conversion of debt	(7,762)	0
Loss on conversion of debt	103,315	0
Debt discount	0	4,600
Other income from agreement rescission fee	0	(300,000)
Changes in operating assets and liabilities:
Prepaids	6,000	(6,000)
Accounts payable and accrued liabilities	(875)	16,044
Accrued interest	84,199	59,545
Accrued compensation - related party	545,500	427,460
Net cash used in operating activities	(188,763)	(189,253)
Cash Flows from Investing Activities:	0	0
Cash Flows from Financing Activities:
Cash overdraft assumed with acquisition	(425)	0
Proceeds from loan - related party	5,000	0
Proceeds from loans	189,107	188,158
Net cash provided by financing activities	193,682	188,158
Net change in cash	4,919	(1,095)
Cash at beginning of period	2,350	3,445
Cash at end of period	7,269	2,350
Supplemental schedule of cash flow information:
Cash paid for interest	0	0
Cash paid for taxes	0	0
Supplemental disclosure of non-cash activity
Debt converted to common stock	$ 86,560	$ 0

DESCRIPTION OF BUSINESS AND HIS

DESCRIPTION OF BUSINESS AND HISTORY	12 Months Ended
	Dec. 31, 2023
DESCRIPTION OF BUSINESS AND HISTORY
DESCRIPTION OF BUSINESS AND HISTORY	NOTE 1 — DESCRIPTION OF BUSINESS AND HISTORY SMC Entertainment, Inc. (the “Company” or “SMC”) was incorporated in the State of Nevada on January 23, 1998, under the name of Professional Recovery Systems, Ltd. On April 21, 2023, the Company completed its acquisition of AI-enabled wealth management technology platform provider, Fyniti Global Equities EBT Inc. (“Fyniti”) for 2,500,000 shares of Series B $10.00 Preferred Stock. Fyniti, (www.fyniti.com, www.fynitiiq.com) is a Fintech developer and provider of technology that combines Artificial Intelligence/Machine Learning (AI/ML) driven Quantitative investing (IQ Engine) with AI-enabled wealth management Electronic Block Trading (“EBT”) technology.

SUMMARY OF SIGNIFICANT POLICIES

SUMMARY OF SIGNIFICANT POLICIES	12 Months Ended
	Dec. 31, 2023
DESCRIPTION OF BUSINESS AND HISTORY
SUMMARY OF SIGNIFICANT POLICIES	NOTE 2 — SUMMARY OF SIGNIFICANT POLICIES Basis of Presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Significant estimates include the fair value for derivatives. Actual results could differ from those estimates. Concentrations of Credit Risk We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. At times, such deposits may be in excess of the Federal Deposit Insurance Corporation insurable amount (“FDIC”). Cash Equivalents The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents as of December 31, 2023 and 2022. Basic and Diluted Earnings Per Share Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. Diluted amounts are not presented when the effect of the computations are anti-dilutive due to the losses incurred. Accordingly, there is no difference in the amounts presented for basic and diluted loss per share. Stock-Based Compensation We account for equity-based transactions with employees and non-employees under the provisions of FASB ASC Topic 718, “Compensation – Stock Compensation” (Topic 718) Revenue Recognition The Company recognizes revenue under ASC 606, “Revenue from Contracts with Customers” (“ASC 606”). The Company determines revenue recognition through the following steps: ● Identification of a contract with a customer; ● Identification of the performance obligations in the contract; ● Determination of the transaction price; ● Allocation of the transaction price to the performance obligations in the contract; and ● Recognition of revenue when or as the performance obligations are satisfied. Revenue is recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. As a practical expedient, the Company does not adjust the transaction price for the effects of a significant financing component if, at contract inception, the period between customer payment and the transfer of goods or services is expected to be one year or less. Income Taxes Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to tax net operating loss carryforwards. The deferred tax assets and liabilities represent the future tax return consequences of these differences, which will either be taxable or deductible when assets and liabilities are recovered or settled, as well as operating loss carryforwards. 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. 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. A valuation allowance is established against deferred tax assets when in the judgment of management, it is more likely than not that such deferred tax assets will not become available. Because the judgment about the level of future taxable income is dependent to a great extent on matters that may, at least in part, be beyond the Company’s control, it is at least reasonably possible that management’s judgment about the need for a valuation allowance for deferred taxes could change in the near term. Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of December 31, 2023 and 2022, no liability for unrecognized tax benefits was required to be reported. Derivative Financial Instruments The Company evaluates its convertible notes to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses a weighted-average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Fair value of financial instruments The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP) and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable amates the fair value of such instruments as the notes bear interest rates that are consistent with current market rates. The following table classifies the Company’s asset measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2023: Description Level 1 Level 2 Level 3 Derivative $ - $ - $ 792,575 Total $ - $ - $ 792,575 The following table classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2022: Description Level 1 Level 2 Level 3 Derivative $ - $ - $ 536,399 Total $ - $ - $ 536,399 Recently issued accounting pronouncements The Company has implemented all new applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

GOING CONCERN

GOING CONCERN	12 Months Ended
	Dec. 31, 2023
GOING CONCERN
GOING CONCERN	NOTE 3 — GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has suffered recurring losses since inception and has no assurance of future profitability. The Company will continue to require financing from external sources to finance its operating and investing activities until sufficient positive cash flows from operations can be generated. There is no assurance that financing or profitability will be achieved, accordingly, there is substantial doubt about the Company’s ability to continue as a going concern. The financial statements of the Company do not include any adjustments that may result from the outcome of these uncertainties.

MATERIAL TRANSACTION

MATERIAL TRANSACTION	12 Months Ended
	Dec. 31, 2023
MATERIAL TRANSACTION
MATERIAL TRANSACTION	NOTE 4 — MATERIAL TRANSACTION On December 12, 2022, the Company entered into a Rescission and Release Agreement with Genesis Financial, Inc (“GFL”), that effectively terminated its Stock Purchase Agreement, that was executed on November 18, 2021. Per the terms of the Agreement GFL agreed to pay a rescission fee of $300,000, $50,000 of which was to be paid within 21 days and the balance within 60 days. As certain requirements to complete the acquisition were never completed, there was never a formal closing and the financial statements of the Company were never consolidated, the transaction has been unwound and is not reflected in the financial statements of the Company.

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	12 Months Ended
	Dec. 31, 2023
CONVERTIBLE NOTES PAYABLE
CONVERTIBLE NOTES PAYABLE	NOTE 5 — CONVERTIBLE NOTES PAYABLE On January 12, 2022, Kanno entered into a Debt Purchases and Assignment Agreement with Mammoth Corporation, whereby Kanno assigned the remaining principal balance of $399,046, from its note originally issued on February 3, 2018, to Mammoth. No accrued interest was assigned. During the year ended December 31, 2022, Mammoth converted $131,040 of the note into 72,000,000 shares of common stock. During the year ended December 31, 2023, Mammoth converted $36,365 of the note into 103,900,000 shares of common stock. As of December 31, 2023, there is $231,641 due on the note. On January 21, 2022, the Company issued a Convertible Promissory Note to Mammoth Corporation in the amount of $550,000. The Note will be funded in tranches, with the initial tranche of $110,400, net of $4,600 OID and fees, paid on February 1, 2022. Interest will not accrue on the note, unless an uncured default occurs. A summary of all the Company’s convertible loans is as follows. Date Issued Maturity Date Rate Balance 12/31/2022 Additions Conversions/ Payments Balance 12/31/2023 Conv Terms FV Investments 5/27/2016 5/27/2017 12 % $ 16,596 $ - $ - $ 16,596 $ 0.001 FV Investments 3/14/2017 3/14/2018 12 % $ 15,000 $ - $ - $ 15,000 $ 0.001 Christopher Whitcomb 7/7/2016 7/7/2017 18 % $ 2,393 $ - $ - $ 2,393 (1 ) Christopher Whitcomb 1/25/2017 1/25/2018 18 % $ 29,050 $ - $ - $ 29,050 (1 ) Christopher Whitcomb 5/30/2017 5/30/2018 18 % $ 32,640 $ - $ - $ 32,640 (1 ) Kanno Group Holdings ll Ltd 10/1/2019 10/1/2020 12 % $ 42,601 $ - $ - $ 42,601 $ 0.00466 Kanno Group Holdings ll Ltd 1/6/2020 1/6/2021 12 % $ 14,977 $ - $ - $ 14,977 $ 0.00615 Kanno Group Holdings ll Ltd 6/30/2020 6/30/2021 12 % $ 7,732 $ - $ - $ 7,732 $ 0.00615 Kanno Group Holdings ll Ltd 12/31/2020 12/31/2021 12 % $ 9,527 $ - $ - $ 9,527 $ 0.00185 Kanno Group Holdings ll Ltd 3/31/2021 3/31/2022 12 % $ 5,112 $ - $ - $ 5,112 $ 0.00628 Kanno Group Holdings ll Ltd 7/24/2021 7/24/2022 12 % $ 5,406 $ - $ - $ 5,406 $ 0.00603 Kanno Group Holdings ll Ltd 11/1/2021 11/1/2022 12 % $ 2,828 $ - $ - $ 2,828 $ 0.00544 Kanno Group Holdings ll Ltd 12/31/2021 12/31/2022 12 % $ 37,391 $ - $ - $ 37,391 $ 0.00509 Mammoth Corporation 1/12/2022 1/12/2023 12 % $ 268,366 $ - $ (36,714 ) $ 231,652 (3 ) Mammoth Corporation 1/21/2022 1/21/2023 12 % $ 115,000 $ 42,300 $ - $ 157,300 (4 ) Kanno Group Holdings ll Ltd 3/31/2022 3/31/2023 12 % $ 7,606 $ - $ - $ 7,606 $ 0.00222 Kanno Group Holdings ll Ltd 4/25/2022 4/25/2023 12 % $ 50,000 $ - $ - $ 50,000 $ 0.00206 Kanno Group Holdings ll Ltd 7/12/2022 7/12/2023 12 % $ 2,388 $ - $ - $ 2,388 $ 0.00163 Kanno Group Holdings ll Ltd - 11/3/2022 11/3/2023 n/a $ 11,357 $ - $ - $ 11,357 $ 0.00167 Kanno Group Holdings ll Ltd 12/31/2022 12/31/2023 n/a $ 6,407 $ - $ - $ 6,407 $ 0.00096 Kanno Group Holdings ll Ltd 3/31/2023 3/31/2024 n/a $ - $ 13,312 $ - $ 13,312 $ 0.00054 Kanno Group Holdings ll Ltd 6/30/2023 6/30/2024 n/a $ - $ 89,038 $ - $ 89,038 $ 0.00084 Kanno Group Holdings ll Ltd 9/30/2023 9/30/2024 n/a $ - $ 36,230 $ - $ 36,230 $ 0.00042 Kanno Group Holdings ll Ltd 12/31/2023 9/30/2024 n/a $ - $ 19,726 $ - $ 19,726 $ 0.00035 $ 682,377 $ 200,606 $ (36,714 ) $ 846,269 Kanno Group Holdings ll Ltd – accrued interest n/a n/a n/a $ 338,079 $ 38,693 $ (37,695 ) $ 339,077 (5 ) Other accrued interest n/a n/a n/a $ 134,349 4,138 (12,500 ) $ 125,987 Total convertible debt and accrued interest $ 1,154,805 243,437 (86,909 ) $ 1,311,333 (1) 75% discount to the lowest closing price within the 60 previous trading sessions. (2) Note was assigned to Mammoth Corporation (3) Conversion rate depends on what part of the loan and when the conversion occurs. (4) 50% of market price. (5) During the year ended December 31, 2023, Kanno Group Holdings converted $37,695 of accrued interest into 127,000,000 shares of common stock. A summary of the activity of the derivative liability for the notes above and for amounts due under the consulting agreements with Mr. Hughes and Mr. Blum (Note 8) is as follows: Balance at December 31, 2021 $ 2,215,981 Derivative (gain) due to mark to market adjustment (1,679,582 ) Balance at December 31, 2022 $ 536,399 Decrease to derivative due to conversion (231,367 ) Derivative loss due to mark to market adjustment 487,543 Balance at December 31, 2023 $ 792,575 A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy as of December 31, 2023, is as follows: Inputs December 31, 2023 Initial Valuation Stock price $ 0.0006 $ 0.006 – 0.0115 Conversion price $ 0.0005 $ 0.0016 – 0.0098 Volatility (annual) 191.89 % 163.53%–214.94% Risk-free rate 5.4 % .39%–1.55% Dividend rate - - Years to maturity .25 1 The development and determination of the unobservable inputs for Level 3 fair value measurements and fair value calculations are the responsibility of the Company’s management.

COMMON STOCK

COMMON STOCK	12 Months Ended
	Dec. 31, 2023
COMMON STOCK
COMMON STOCK	NOTE 6 — COMMON STOCK On January 20, 2022, 3,000,000 shares of common stock previously issued were cancelled and returned to the Company. On January 20, 2022, the 40,000,000 shares of common stock originally issued to Spectrum were cancelled and returned to the Company. During the year ended December 31, 2022, Mammoth converted $131,040 of the note into 72,000,000 shares of common stock. During the year ended December 31, 2022, the Company granted 28,158,856 shares of common stock to a service provider for services. The shares were valued at the closing stock price on the date of grant for total non-cash stock compensation expense of $105,000. As of December 31, 2022, 6,750,000 shares have not yet been issued by the transfer agent and are presented as $15,000 of common stock to be issued. During Q1 2023, the Company granted 10,456,371 shares of common stock to a service provider for services. The shares were valued at the closing stock price on the date of grant for total non-cash stock compensation expense of $15,000. In addition, 6,750,000 shares of common stock that were due to be issued as of December 31, 2022, were issued to by the transfer agent. During Q2 2023, the Company granted 19,318,182 shares of common stock to a service provider for services. The shares were valued at the closing stock price on the date of grant for total non-cash stock compensation expense of $15,000. During the year ended December 31, 2023, Kanno Group Holdings converted $37,695 of accrued interest into 127,000,000 shares of common stock. During the year ended December 31, 2023, Christopher Whitcomb converted $12,500 of accrued interest into 50,000,000 shares of common stock. During the year ended December 31, 2023, Mammoth converted $36,714 of principal into 103,900,000 shares of common stock. On August 14, 2023, the Company amended its Articles of Incorporation increasing its authorized common shares to 3,000,000,000 (3 Bil). Refer to Note 8 for shares issued to related parties.

PREFERRED STOCK

PREFERRED STOCK	12 Months Ended
	Dec. 31, 2023
PREFERRED STOCK
PREFERRED STOCK	NOTE 7 — PREFERRED STOCK Series A Preferred Stock The Company has 1,000,000 shares of preferred stock designated as Series A. The Series A preferred stock, par value $0.001, are entitled to dividends, if declared, and are convertible into common stock by dividing the issue price of $1.00 by a 20% discount to the current market price. Series B Preferred Stock On December 16, 2021, the Company amended its Articles of Incorporation, creating a series of Preferred Stock designating 4,500,000 shares of Series B Convertible Preferred Stock, par value $10.00 per share. The Series B preferred stock are entitled to dividends, if declared, and are convertible into common stock at a rate of 10% to the preceding ten day weighted average price. On April 21, 2023, the Company completed its acquisition of AI-enabled wealth management technology platform provider, Fyniti Global Equities EBT Inc. (“Fyniti”) for 2,500,000 shares of Series B $10.00 Preferred Stock.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 8 — RELATED PARTY TRANSACTIONS On January 18, 2022, the Company issued 100,000,000 shares of common stock to JW Price LL for services. The shares were valued at $0.0135, the closing price of on the date of grant, for total non-cash compensation expense of $1,350,000. On January 18, 2022, the Company issued 75,000,000 shares of common stock to Rony Hughes for services. The shares were valued at $0.0135, the closing price of on the date of grant, for total non-cash compensation expense of $1,012,500. On October 1, 2021, the Company entered into a consulting agreement with Ronald Hughes and North Arm Capital LLC, in which Mr. Hughes was appointed CEO and Chairman of the Company. Per the terms of the agreement Mr. Hughes is to be compensated $17,500 per month through October 1, 2022, increasing to $20,000 per month thereafter. In addition to his consulting fee Mr. Hughes will be granted 500,000 shares of common stock per month. During the year ended December 31, 2022, the Company granted Mr. Hughes 6,000,000 shares of common stock per the terms of the consulting agreement. The shares were valued on the date of grant for total non-cash compensation expense of $23,600. During the year ended December 31, 2023, Mr. Hughes was granted 6,000,000 shares of common stock. The shares were valued on the date of grant for total non-cash compensation expense of $6,200. As of December 31, 2023, a total of 8,000,000 shares of common stock have not been issued by the transfer agent and are disclosed as common stock to be issued in the amount of $11,850. Per the terms of the agreement Mr. Hughes has the right to convert all or a portion of any accrued amount of compensation into shares of common stock at a 10% discount to the VWAP of the average of the last five trading days before conversion. As of December 31, 2023 and 2022, there is $461,000 and $221,000 due under this agreement, respectively. There is an additional $56,000 of accrued compensation due to Mr. Hughes under his prior agreement and $16,810 due for cash advances to the Company. On November 15, 2021, the Company entered into a consulting agreement with Erik Blum and J W Price LLC, in which Mr. Blum was appointed President of the Company. Per the terms of the agreement Mr. Blum is to be compensated $20,000 per month through November 15, 2022, increasing to $25,000 per month through November 15, 2023. During the year ended December 31, 2022, the Company granted Mr. Blum 6,000,000 shares of common stock per the terms of the consulting agreement. The shares were valued on the date of grant for total non-cash compensation expense of $27,875. During the year ended December 31, 2023, Mr. Blum was granted 6,000,000 shares of common stock. The shares were valued on the date of grant for total non-cash compensation expense of $7,300. As of December 31, 2023, a total of 8,000,000 shares of common stock have not been issued by the transfer agent and are disclosed as common stock to be issued in the amount of $10,150. Per the terms of the agreement Mr. Blum has the right to convert all or a portion of any accrued amount of compensation into shares of common stock at a 10% discount to the VWAP of the average of the last five trading days before conversion. As of December 31, 2023 and 2022, there is $594,460 and $288,960 due under this agreement, respectively. On August 1, 2023, the Company issued 100,000,000 shares of common stock to JW Price LL for services. The shares were valued at $0.0009, the closing price of on the date of grant, for total non-cash compensation expense of $90,000. On December 26, 2023, Xuqiang (Adam) Yang, was appointed as Chief Financial Officer (“CFO”) of the Company to replace Mr. Blum, who was serving as the Interim CFO. Per the terms of the consulting agreement to serve as the Company’s CFO Mr. Yang will be compensated $7,000 per month, beginning November 1, 2023. As of December 31, 2023, there is $14,000 due to Mr. Yang.

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	12 Months Ended
	Dec. 31, 2023
BUSINESS COMBINATIONS
BUSINESS COMBINATIONS	NOTE 9 — BUSINESS COMBINATIONS On April 21, 2023, the Company completed its acquisition of AI-enabled wealth management technology platform provider, Fyniti Global Equities EBT Inc. (“Fyniti”) for 2,500,000 shares of Series B $10.00 Preferred Stock. The shares of preferred were valued using the number of common shares the preferred stock can be converted into and the trading price of the common stock of $0.0013, on April 21, 2023. The Company accounted for the transaction as a business combination under ASC 805 and as a result, allocated the fair value of the book value of identifiable assets acquired and liabilities assumed as of the acquisition date as outlined in the table below. The consolidated income statement for the year ended December 31, 2023, includes $752 and $63,462 of income and expenses, respectively, of Fyniti from the date of acquisition (April 21, 2023) through December 3, 2023. The excess of the purchase price over the estimated fair values of the underlying identifiable assets acquired and liabilities assumed was allocated to goodwill. Consideration Consideration issued $ 32,500 Identified assets, liabilities, and noncontrolling interest Cash overdraft (425 ) Accounts payable (29,500 ) Accrued Expenses (1,769 ) Total identified assets, liabilities, and noncontrolling interest (31,694 ) Excess purchase price allocated to goodwill $ 64,194

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
INCOME TAXES
INCOME TAXES	NOTE 10 – INCOME TAXES Deferred taxes are provided on a liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company has evaluated Staff Accounting Bulletin No. 118 regarding the impact of the decreased tax rates of the Tax Cuts & Jobs Act. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The U.S. federal income tax rate of 21% is being used due to the new tax law recently enacted. Net deferred tax assets consist of the following components as of December 31: 2023 2022 Federal income tax benefit attributable to: Current operations $ 325,000 $ 258,000 Less: valuation allowance (325,000 ) (258,000 ) Net provision for Federal income taxes $ — $ — The income tax provision differs from the amount of income tax determined by applying the U.S. federal income tax rate to pretax income from continuing operations for the period ended December 31, due to the following: 2023 2022 Deferred Tax Assets: NOL Carryover $ 3,685,000 $ 3,360,000 Less valuation allowance (3,685,000 ) (3,360,000 ) Net deferred tax assets $ — $ — At December 31, 2023, the Company had net operating loss carry forwards of approximately $3,685,000 that may be offset against future taxable income. NOLs from tax years up to 2018 can be carried forward twenty years. Under the CARES Act, the Company can carry forward NOLs indefinitely for NOLs generated in a tax year beginning after 2018, that remain after they are carried back to tax years in the five-year carryback period. No tax benefit has been reported in the December 31, 2023, financial statements since the potential tax benefit is offset by a valuation allowance of the same amount. Due to the change in ownership provisions of the Tax Reform Act of 1986, net operating loss carry forwards for Federal Income tax reporting purposes are subject to annual limitations. Should a change in ownership occur, net operating loss carry forwards may be limited as to use in future years. With few exceptions, the Company is no longer subject to U.S. federal, state and local income tax examinations by tax authorities for years before 2017.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2023
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 11— SUBSEQUENT EVENTS Management has evaluated subsequent events pursuant to the requirements of ASC Topic 855, Subsequent Events Subsequent to December 31, 2023, the 8,000,000 shares of common stock each due to Mr. Hughes and Mr. Blum were issued by the transfer agent. Subsequent to December 31, 2023, 1,500,000 shares of common stock were issued to Mr. Hughes and 1,500,000 shares of common stock were issued to Mr. Blum, for services.

SUMMARY OF SIGNIFICANT POLICI_2

SUMMARY OF SIGNIFICANT POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
DESCRIPTION OF BUSINESS AND HISTORY
Basis of Presentation	The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”).
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent assets and liabilities. These estimates and judgments are based on historical information, information that is currently available to the Company and on various other assumptions that the Company believes to be reasonable under the circumstances. Significant estimates include the fair value for derivatives. Actual results could differ from those estimates.
Concentrations of Credit Risk	We maintain our cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. We continually monitor our banking relationships and consequently have not experienced any losses in our accounts. At times, such deposits may be in excess of the Federal Deposit Insurance Corporation insurable amount (“FDIC”).
Cash Equivalents	The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents as of December 31, 2023 and 2022.
Basic and Diluted Earnings Per Share	Net income (loss) per common share is computed pursuant to section 260-10-45 of the FASB Accounting Standards Codification. Basic net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per common share is computed by dividing net income (loss) by the weighted average number of shares of common stock and potentially outstanding shares of common stock during the period. The weighted average number of common shares outstanding and potentially outstanding common shares assumes that the Company incorporated as of the beginning of the first period presented. Diluted amounts are not presented when the effect of the computations are anti-dilutive due to the losses incurred. Accordingly, there is no difference in the amounts presented for basic and diluted loss per share.
Stock-based Compensation	We account for equity-based transactions with employees and non-employees under the provisions of FASB ASC Topic 718, “Compensation – Stock Compensation” (Topic 718)
Revenue Recognition	The Company recognizes revenue under ASC 606, “Revenue from Contracts with Customers” (“ASC 606”). The Company determines revenue recognition through the following steps: ● Identification of a contract with a customer; ● Identification of the performance obligations in the contract; ● Determination of the transaction price; ● Allocation of the transaction price to the performance obligations in the contract; and ● Recognition of revenue when or as the performance obligations are satisfied. Revenue is recognized when control of the promised goods or services is transferred to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. As a practical expedient, the Company does not adjust the transaction price for the effects of a significant financing component if, at contract inception, the period between customer payment and the transfer of goods or services is expected to be one year or less.
Income Taxes	Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to tax net operating loss carryforwards. The deferred tax assets and liabilities represent the future tax return consequences of these differences, which will either be taxable or deductible when assets and liabilities are recovered or settled, as well as operating loss carryforwards. 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. 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. A valuation allowance is established against deferred tax assets when in the judgment of management, it is more likely than not that such deferred tax assets will not become available. Because the judgment about the level of future taxable income is dependent to a great extent on matters that may, at least in part, be beyond the Company’s control, it is at least reasonably possible that management’s judgment about the need for a valuation allowance for deferred taxes could change in the near term. Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of December 31, 2023 and 2022, no liability for unrecognized tax benefits was required to be reported.
Derivative Financial Instruments	The Company evaluates its convertible notes to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses a weighted-average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period.
Fair Value of Financial Instruments	The Company follows paragraph 825-10-50-10 of the FASB Accounting Standards Codification for disclosures about fair value of its financial instruments and paragraph 820-10-35-37 of the FASB Accounting Standards Codification (“Paragraph 820-10-35-37”) to measure the fair value of its financial instruments. Paragraph 820-10-35-37 establishes a framework for measuring fair value in accounting principles generally accepted in the United States of America (U.S. GAAP) and expands disclosures about fair value measurements. To increase consistency and comparability in fair value measurements and related disclosures, Paragraph 820-10-35-37 establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three (3) broad levels. The fair value hierarchy gives the highest priority to quoted prices (unadjusted) in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The three (3) levels of fair value hierarchy defined by Paragraph 820-10-35-37 are described below: Level 1: Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2: Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3: Pricing inputs that are generally unobservable inputs and not corroborated by market data. The carrying amount of the Company’s financial assets and liabilities, such as cash, prepaid expenses and accrued expenses approximate their fair value because of the short maturity of those instruments. The Company’s notes payable amates the fair value of such instruments as the notes bear interest rates that are consistent with current market rates. The following table classifies the Company’s asset measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2023: Description Level 1 Level 2 Level 3 Derivative $ - $ - $ 792,575 Total $ - $ - $ 792,575 The following table classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2022: Description Level 1 Level 2 Level 3 Derivative $ - $ - $ 536,399 Total $ - $ - $ 536,399
Recently Issued Accounting Pronouncements	The Company has implemented all new applicable accounting pronouncements that are in effect. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial position or results of operations.

SUMMARY OF SIGNIFICANT POLICI_3

SUMMARY OF SIGNIFICANT POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
DESCRIPTION OF BUSINESS AND HISTORY
Schedule of fair value, assets measured on recurring basis	Description Level 1 Level 2 Level 3 Derivative $ - $ - $ 792,575 Total $ - $ - $ 792,575
Schedule of fair value, liabilities measured on recurring basis	Description Level 1 Level 2 Level 3 Derivative $ - $ - $ 536,399 Total $ - $ - $ 536,399

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	12 Months Ended
	Dec. 31, 2023
CONVERTIBLE NOTES PAYABLE
Schedule of defined benefit plan, assumptions	Inputs December 31, 2023 Initial Valuation Stock price $ 0.0006 $ 0.006 – 0.0115 Conversion price $ 0.0005 $ 0.0016 – 0.0098 Volatility (annual) 191.89 % 163.53%–214.94% Risk-free rate 5.4 % .39%–1.55% Dividend rate - - Years to maturity .25 1
Schedule of convertible loans	Date Issued Maturity Date Rate Balance 12/31/2022 Additions Conversions/ Payments Balance 12/31/2023 Conv Terms FV Investments 5/27/2016 5/27/2017 12 % $ 16,596 $ - $ - $ 16,596 $ 0.001 FV Investments 3/14/2017 3/14/2018 12 % $ 15,000 $ - $ - $ 15,000 $ 0.001 Christopher Whitcomb 7/7/2016 7/7/2017 18 % $ 2,393 $ - $ - $ 2,393 (1 ) Christopher Whitcomb 1/25/2017 1/25/2018 18 % $ 29,050 $ - $ - $ 29,050 (1 ) Christopher Whitcomb 5/30/2017 5/30/2018 18 % $ 32,640 $ - $ - $ 32,640 (1 ) Kanno Group Holdings ll Ltd 10/1/2019 10/1/2020 12 % $ 42,601 $ - $ - $ 42,601 $ 0.00466 Kanno Group Holdings ll Ltd 1/6/2020 1/6/2021 12 % $ 14,977 $ - $ - $ 14,977 $ 0.00615 Kanno Group Holdings ll Ltd 6/30/2020 6/30/2021 12 % $ 7,732 $ - $ - $ 7,732 $ 0.00615 Kanno Group Holdings ll Ltd 12/31/2020 12/31/2021 12 % $ 9,527 $ - $ - $ 9,527 $ 0.00185 Kanno Group Holdings ll Ltd 3/31/2021 3/31/2022 12 % $ 5,112 $ - $ - $ 5,112 $ 0.00628 Kanno Group Holdings ll Ltd 7/24/2021 7/24/2022 12 % $ 5,406 $ - $ - $ 5,406 $ 0.00603 Kanno Group Holdings ll Ltd 11/1/2021 11/1/2022 12 % $ 2,828 $ - $ - $ 2,828 $ 0.00544 Kanno Group Holdings ll Ltd 12/31/2021 12/31/2022 12 % $ 37,391 $ - $ - $ 37,391 $ 0.00509 Mammoth Corporation 1/12/2022 1/12/2023 12 % $ 268,366 $ - $ (36,714 ) $ 231,652 (3 ) Mammoth Corporation 1/21/2022 1/21/2023 12 % $ 115,000 $ 42,300 $ - $ 157,300 (4 ) Kanno Group Holdings ll Ltd 3/31/2022 3/31/2023 12 % $ 7,606 $ - $ - $ 7,606 $ 0.00222 Kanno Group Holdings ll Ltd 4/25/2022 4/25/2023 12 % $ 50,000 $ - $ - $ 50,000 $ 0.00206 Kanno Group Holdings ll Ltd 7/12/2022 7/12/2023 12 % $ 2,388 $ - $ - $ 2,388 $ 0.00163 Kanno Group Holdings ll Ltd - 11/3/2022 11/3/2023 n/a $ 11,357 $ - $ - $ 11,357 $ 0.00167 Kanno Group Holdings ll Ltd 12/31/2022 12/31/2023 n/a $ 6,407 $ - $ - $ 6,407 $ 0.00096 Kanno Group Holdings ll Ltd 3/31/2023 3/31/2024 n/a $ - $ 13,312 $ - $ 13,312 $ 0.00054 Kanno Group Holdings ll Ltd 6/30/2023 6/30/2024 n/a $ - $ 89,038 $ - $ 89,038 $ 0.00084 Kanno Group Holdings ll Ltd 9/30/2023 9/30/2024 n/a $ - $ 36,230 $ - $ 36,230 $ 0.00042 Kanno Group Holdings ll Ltd 12/31/2023 9/30/2024 n/a $ - $ 19,726 $ - $ 19,726 $ 0.00035 $ 682,377 $ 200,606 $ (36,714 ) $ 846,269 Kanno Group Holdings ll Ltd – accrued interest n/a n/a n/a $ 338,079 $ 38,693 $ (37,695 ) $ 339,077 (5 ) Other accrued interest n/a n/a n/a $ 134,349 4,138 (12,500 ) $ 125,987 Total convertible debt and accrued interest $ 1,154,805 243,437 (86,909 ) $ 1,311,333
Schedule of derivative liabilities at fair value	Balance at December 31, 2021 $ 2,215,981 Derivative (gain) due to mark to market adjustment (1,679,582 ) Balance at December 31, 2022 $ 536,399 Decrease to derivative due to conversion (231,367 ) Derivative loss due to mark to market adjustment 487,543 Balance at December 31, 2023 $ 792,575

BUSINESS COMBINATIONS (Tables)

BUSINESS COMBINATIONS (Tables)	12 Months Ended
	Dec. 31, 2023
BUSINESS COMBINATIONS
Schedule of recognized identified assets acquired and liabilities assumed	Consideration Consideration issued $ 32,500 Identified assets, liabilities, and noncontrolling interest Cash overdraft (425 ) Accounts payable (29,500 ) Accrued Expenses (1,769 ) Total identified assets, liabilities, and noncontrolling interest (31,694 ) Excess purchase price allocated to goodwill $ 64,194

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
INCOME TAXES
Schedule of components of income tax expense	2023 2022 Federal income tax benefit attributable to: Current operations $ 325,000 $ 258,000 Less: valuation allowance (325,000 ) (258,000 ) Net provision for Federal income taxes $ — $ —
Schedule of deferred tax assets and liabilities	2023 2022 Deferred Tax Assets: NOL Carryover $ 3,685,000 $ 3,360,000 Less valuation allowance (3,685,000 ) (3,360,000 ) Net deferred tax assets $ — $ —

DESCRIPTION OF BUSINESS AND H_2

DESCRIPTION OF BUSINESS AND HISTORY (Details Narrative) - Series B Preferred Stock [Member] - $ / shares	1 Months Ended
	Apr. 21, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 16, 2021
Preferred stock, par value		$ 10	$ 10	$ 10
Fyniti [Member]
Preferred stock, par value	$ 10
Preferred stock issued for acquisition, shares	2,500,000

SUMMARY OF SIGNIFICANT POLICI_4

SUMMARY OF SIGNIFICANT POLICIES (Details) - Fair Value, Recurring [Member]	Dec. 31, 2023 USD ($)
Fair Value, Inputs, Level 2 [Member]
Derivative	$ 0
Total	0
Fair Value, Inputs, Level 3 [Member]
Derivative	792,575
Total	792,575
Fair Value, Inputs, Level 1 [Member]
Derivative	0
Total	$ 0

SUMMARY OF SIGNIFICANT POLICI_5

SUMMARY OF SIGNIFICANT POLICIES (Details 1) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative	$ 792,575	$ 536,399	$ 2,215,981
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Derivative		0
Total		0
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Derivative		536,399
Total		536,399
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Derivative		0
Total		$ 0

MATERIAL TRANSACTION (Details N

MATERIAL TRANSACTION (Details Narrative)	Dec. 12, 2022
G F L [Member]
Rescission and release agreement	the Company entered into a Rescission and Release Agreement with Genesis Financial, Inc (“GFL”), that effectively terminated its Stock Purchase Agreement, that was executed on November 18, 2021. Per the terms of the Agreement GFL agreed to pay a rescission fee of $300,000, $50,000 of which was to be paid within 21 days and the balance within 60 days

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Balance	$ 846,269	$ 682,377
Additions	200,606
Conversions/ Payments	(36,714)
Conversions/ Payments	36,714
Other accrued interest
Balance	125,987	134,349
Additions	4,138
Conversions/ Payments	(12,500)
Conversions/ Payments	12,500
Total convertible debt and accrued interest
Balance	1,311,333	1,154,805
Additions	243,437
Conversions/ Payments	(86,909)
Conversions/ Payments	$ 86,909
Mammoth Corporation [Member]
Date Issued	Jan. 12, 2022
Balance	$ 231,652	268,366
Additions	$ 0
Maturity Date	Jan. 12, 2023
Conversions/ Payments	$ (36,714)
Rate	12%
Conversions/ Payments	$ 36,714
FV Investments One [Member]
Date Issued	Mar. 14, 2017
Balance	$ 15,000	15,000
Additions	$ 0
Maturity Date	Mar. 14, 2018
Conversions/ Payments	$ 0
Conv Term	$ 0.001
Rate	12%
Conversions/ Payments	$ 0
Christopher Whitcomb One [Member]
Date Issued	Jan. 25, 2017
Balance	$ 29,050	29,050
Additions	$ 0
Maturity Date	Jan. 25, 2018
Conversions/ Payments	$ 0
Rate	18%
Conversions/ Payments	$ 0
Christopher Whitcomb Two [Member]
Date Issued	May 30, 2017
Balance	$ 32,640	32,640
Additions	$ 0
Maturity Date	May 30, 2018
Conversions/ Payments	$ 0
Rate	18%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd [Member]
Date Issued	Oct. 01, 2019
Balance	$ 42,601	42,601
Additions	$ 0
Maturity Date	Oct. 01, 2020
Conversions/ Payments	$ 0
Conv Term	$ 0.00466
Rate	12%
Conversions/ Payments	$ 0
Christopher Whitcomb [Member]
Date Issued	Jul. 07, 2016
Balance	$ 2,393	2,393
Additions	$ 0
Maturity Date	Jul. 07, 2017
Conversions/ Payments	$ 0
Rate	18%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd One [Member]
Date Issued	Jan. 06, 2020
Balance	$ 14,977	14,977
Additions	$ 0
Maturity Date	Jan. 06, 2021
Conversions/ Payments	$ 0
Conv Term	$ 0.00615
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Two [Member]
Date Issued	Jun. 30, 2020
Balance	$ 7,732	7,732
Additions	$ 0
Maturity Date	Jun. 30, 2021
Conversions/ Payments	$ 0
Conv Term	$ 0.00615
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Three [Member]
Date Issued	Dec. 31, 2020
Balance	$ 9,527	9,527
Additions	$ 0
Maturity Date	Dec. 31, 2021
Conversions/ Payments	$ 0
Conv Term	$ 0.00185
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Four [Member]
Date Issued	Mar. 31, 2021
Balance	$ 5,112	5,112
Additions	$ 0
Maturity Date	Mar. 31, 2022
Conversions/ Payments	$ 0
Conv Term	$ 0.00628
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Five [Member]
Date Issued	Jul. 24, 2021
Balance	$ 5,406	5,406
Additions	$ 0
Maturity Date	Jul. 24, 2022
Conversions/ Payments	$ 0
Conv Term	$ 0.00603
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Six [Member]
Date Issued	Nov. 01, 2021
Balance	$ 2,828	2,828
Additions	$ 0
Maturity Date	Nov. 01, 2022
Conversions/ Payments	$ 0
Conv Term	$ 0.00544
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Seven [Member]
Date Issued	Dec. 31, 2021
Balance	$ 37,391	37,391
Additions	$ 0
Maturity Date	Dec. 31, 2022
Conversions/ Payments	$ 0
Conv Term	$ 0.00509
Rate	12%
Conversions/ Payments	$ 0
Mammoth Corporation One [Member]
Date Issued	Jan. 21, 2022
Balance	$ 157,300	115,000
Additions	$ 42,300
Maturity Date	Jan. 21, 2023
Conversions/ Payments	$ 0
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Eight [Member]
Date Issued	Mar. 31, 2022
Balance	$ 7,606	7,606
Additions	$ 0
Maturity Date	Mar. 31, 2023
Conversions/ Payments	$ 0
Conv Term	$ 0.00222
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Nine [Member]
Date Issued	Apr. 25, 2022
Balance	$ 50,000	50,000
Additions	$ 0
Maturity Date	Apr. 25, 2023
Conversions/ Payments	$ 0
Conv Term	$ 0.00206
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Ten [Member]
Date Issued	Jul. 12, 2022
Balance	$ 2,388	2,388
Additions	$ 0
Maturity Date	Jul. 12, 2023
Conversions/ Payments	$ 0
Conv Term	$ 0.00163
Rate	12%
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Eleven [Member]
Date Issued	Nov. 03, 2022
Balance	$ 11,357	11,357
Additions	$ 0
Maturity Date	Nov. 03, 2023
Conversions/ Payments	$ 0
Conv Term	$ 0.00167
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Twelve [Member]
Date Issued	Dec. 31, 2022
Balance	$ 6,407	6,407
Additions	$ 0
Maturity Date	Dec. 31, 2023
Conversions/ Payments	$ 0
Conv Term	$ 0.00096
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Thirteen [Member]
Date Issued	Mar. 31, 2023
Balance	$ 13,312	0
Additions	$ 13,312
Maturity Date	Mar. 31, 2024
Conversions/ Payments	$ 0
Conv Term	$ 0.00054
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Fourteen [Member]
Date Issued	Jun. 30, 2023
Balance	$ 89,038	0
Additions	$ 89,038
Maturity Date	Jun. 30, 2024
Conversions/ Payments	$ 0
Conv Term	$ 0.00084
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Fifteen [Member]
Date Issued	Sep. 30, 2023
Balance	$ 36,230	0
Additions	$ 36,230
Maturity Date	Sep. 30, 2024
Conversions/ Payments	$ 0
Conv Term	$ 0.00042
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltd Sixteen [Member]
Date Issued	Dec. 31, 2023
Balance	$ 19,726	0
Additions	$ 19,726
Maturity Date	Sep. 30, 2024
Conversions/ Payments	$ 0
Conv Term	$ 0.00035
Conversions/ Payments	$ 0
Kanno Group Holdingsll Ltdaccruedinterest [Member]
Balance	339,077	338,079
Additions	38,693
Conversions/ Payments	(37,695)
Conversions/ Payments	$ 37,695
Series B Preferred Stock [Member]
Date Issued	May 27, 2016
Balance	$ 16,596	$ 16,596
Additions	$ 0
Maturity Date	May 27, 2017
Conversions/ Payments	$ 0
Conv Term	$ 0.001
Rate	12%
Conversions/ Payments	$ 0

CONVERTIBLE NOTES PAYABLE (De_2

CONVERTIBLE NOTES PAYABLE (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
CONVERTIBLE NOTES PAYABLE
Balance at beginning	$ 536,399	$ 2,215,981
Derivative (gain) due to mark to market adjustment	487,543	(1,679,582)
Decrease to derivative due to conversion	(231,367)
Balance at ending	$ 792,575	$ 536,399

CONVERTIBLE NOTES PAYABLE (De_3

CONVERTIBLE NOTES PAYABLE (Details 2) - Fair Value, Inputs, Level 3 [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2023	Dec. 31, 2023
Stock price		$ 0.0006
Conversion price		$ 0.0005
Volatility (annual)		191.89%
Risk-free rate		5.40%
Years to maturity	1 year	2 months 30 days
Dividend rate	0%	0%
Minimum [Member]
Stock price		$ 0.006
Conversion price	$ 0.0016
Volatility (annual)		163.53%
Risk-free rate		0.39%
Maximum [Member]
Stock price		$ 0.0115
Conversion price	$ 0.0098
Volatility (annual)		214.94%
Risk-free rate		1.55%

CONVERTIBLE NOTES PAYABLE (De_4

CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
	Jan. 21, 2022	Dec. 31, 2023	Dec. 31, 2022	Jan. 12, 2022
Conversion of stock, amount converted			$ 131,040
Conversion of stock, shares converted			72,000,000
Due on the note		$ 231,641
Mammoth Corporation [Member]
Principal balance	$ 550,000
Initial tranche	110,400
Net of OID and fee	$ 4,600
Conversion of stock, amount converted		$ 36,714	$ 131,040
Conversion of stock, shares converted		103,900,000	103,900,000
Kanno Group Holdings [Member]
Conversion of stock, amount converted		$ 37,695
Conversion of stock, shares converted		127,000,000
Kanno [Member]
Principal balance				$ 399,046

COMMON STOCK (Details Narrative

COMMON STOCK (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Jan. 20, 2022	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Conversion of stock, amount converted					$ 131,040
Number of shares converted					72,000,000
Common stock, shares authorized				3,000,000,000	3,000,000,000
Common stock to be issued				$ 22,000	$ 23,500
August 14, 2023 [Member]
Common stock, shares authorized				3,000,000,000
Transfer Agent [Member]
Shares to be issued					6,750,000
Common stock to be issued					$ 15,000
Common Stock Description [Member]
Shares issued			6,750,000
Stock issued for services		19,318,182	10,456,371		28,158,856
Number of shares Cancelled	3,000,000
Non-cash stock compensation expense		$ 15,000	$ 15,000		$ 105,000
Mammoth Corporation [Member]
Conversion of stock, amount converted				$ 36,714	$ 131,040
Number of shares converted				103,900,000	103,900,000
Kanno Group Holdings [Member]
Conversion of stock, amount converted				$ 37,695
Number of shares converted				127,000,000
Spectrum [Member]
Number of shares Cancelled	40,000,000
Christopher Whitcomb [Member]
Conversion of stock, amount converted				$ 12,500
Number of shares converted				50,000,000

PREFERRED STOCK (Details Narrat

PREFERRED STOCK (Details Narrative) - $ / shares	1 Months Ended		12 Months Ended
	Apr. 21, 2023	Dec. 16, 2021	Dec. 31, 2023	Dec. 31, 2022
Series A Preferred Stock [Member]
Preferred stock, par value			$ 0.001	$ 0.001
Preferred stock designated			1,000,000	1,000,000
Share issue price			$ 1
Discount rate			20%
Series B Preferred Stock [Member]
Preferred stock, par value		$ 10	$ 10	$ 10
Preferred stock designated		4,500,000	4,500,000	4,500,000
Discount rate		10%
Series B Preferred Stock [Member] | Fyniti [Member]
Preferred stock, par value	$ 10
Preferred stock issued for acquisition, shares	2,500,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)		1 Months Ended	12 Months Ended
	Aug. 02, 2023	Jan. 18, 2022	Dec. 31, 2023	Dec. 31, 2022	Aug. 01, 2023
Stock Issued			1,379,960,743	962,535,830
J W Price L L [Member]
Share Price		$ 0.0135			$ 0.0009
Stock issued for services	100,000,000	100,000,000
Non-cash compensation expense	$ 90,000	$ 1,350,000
Rony Hughes [Member]
Share Price		$ 0.0135
Stock issued for services		75,000,000
Non-cash compensation expense		$ 1,012,500
Ronald Hughes [Member]
Non-cash compensation expense			$ 6,200	$ 23,600
Compensation payable			17,500
Increase in compensation amount			$ 20,000
Stock Issued			8,000,000
common stock to be issued Amount			$ 11,850
Discount rate			10%
Stock issued for consulting fee				6,000,000
Accrued compensation			$ 461,000	$ 221,000
Additional Accrued compensation			56,000
Due for cash advances			16,810
Erik Blum [Member]
Non-cash compensation expense			7,300	$ 27,875
Compensation payable			20,000
Increase in compensation amount			$ 25,000
Stock Issued			8,000,000
common stock to be issued Amount			$ 10,150
Discount rate			10%
Stock issued for consulting fee			4,500,000	6,000,000
Accrued compensation			$ 594,460	$ 288,960
Mr. Yang [Member]
Compensated agreement			$7,000 per month, beginning November 1, 2023. As of December 31, 2023, there is $14,000 due

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) - USD ($)	Dec. 31, 2023	Apr. 21, 2023	Dec. 31, 2022
Excess purchase price allocated to goodwill	$ 64,194		$ 0
Fyniti [Member]
Consideration issued		$ 32,500
Cash overdraft		(425)
Accounts payable		(29,500)
Accrued Expenses		(1,769)
Total identified assets, liabilities, and noncontrolling interest		(31,694)
Excess purchase price allocated to goodwill		$ 64,194

BUSINESS COMBINATIONS (Details

BUSINESS COMBINATIONS (Details Narrative) - USD ($)	1 Months Ended	8 Months Ended
	Apr. 21, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 16, 2021
Series B Preferred Stock [Member]
Preferred stock, par value		$ 10	$ 10	$ 10
Fyniti [Member]
Acquisition cost		$ 63,462
Income from acquisition		$ 752
Fyniti [Member] | Series B Preferred Stock [Member]
Preferred stock, par value	$ 10
Preferred stock issued for acquisition, shares	2,500,000
Trading price of common stock	$ 0.0013

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
INCOME TAXES
Current operations	$ 325,000	$ 258,000
Less: valuation allowance	(325,000)	(258,000)
Net provision for Federal income taxes	$ 0	$ 0

INCOME TAXES (Details 1)

INCOME TAXES (Details 1) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
INCOME TAXES
NOL Carryover	$ 3,685,000	$ 3,360,000
Less valuation allowance	(3,685,000)	(3,360,000)
Net deferred tax assets	$ 0	$ 0

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
INCOME TAXES
NOL Carryover	$ 3,685,000	$ 3,360,000
Federal income tax benefit at statutory rate	21%

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member]	Apr. 09, 2024 shares
Mr. Blum [Member]
Stock issued for services	1,500,000
Shares issued by transfer agent	8,000,000
Mr. Hughes [Member]
Stock issued for services	1,500,000
Shares issued by transfer agent	8,000,000