Evergreen Sustainable Enterprises (EGSE) 10-K 15 Dec 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 15, 2020	Jun. 28, 2019
Document And Entity Information
Entity Registrant Name	Generation Hemp, Inc.
Entity Central Index Key	0001527102
Amendment Flag	false
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Entity Filer Category	Non-accelerated Filer
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	No
Entity Shell Company	false
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Small Business	true
Entity Interactive data current	Yes
Entity File Number	333-176154
Entity Emerging Growth Company	false
Entity Public Float			$ 435,076
Entity Common Stock, Shares Outstanding		17,380,317
Entity Incorporation State Country Code	CO

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash	$ 101,337	$ 426,952
Prepaid expenses		188,567
Current assets of discontinued operations held for sale	20,835	437,125
Total Current Assets	122,172	1,052,644
Property and Equipment
Property and equipment, other	1,223,353	75,269
Accumulated depreciation	(32,322)	(16,713)
Total Property and Equipment, Net	1,191,031	58,556
Noncurrent assets of discontinued operations held for sale	1,196,161	15,206,750
Deposits		10,690
Investment in common stock, at cost	32,959	250,000
Total Assets	2,542,323	16,578,640
Current Liabilities
Accounts payable	685,692	814,506
Accrued liabilities	269,410
Accrued interest - related party	247,500	97,500
Senior secured promissory note – related party	1,500,000	1,500,000
Convertible note payable – related party	208,874
Current liabilities of discontinued operations held for sale	1,315,581	4,236,956
Mortgage payable	626,086
Total Current Liabilities	4,853,143	6,648,962
Lease liability	44,333
Long term liabilities of discontinued operations held for sale	119,657	1,357,270
Total Liabilities	5,017,133	8,006,232
Commitments and Contingencies
EHR Series A Redeemable Preferred stock, $0.0001 par value, 500,000 shares authorized, 412,500 shares issued and outstanding at December 31, 2018		9,118,691
Equity (Deficit)
Series A preferred stock, no par value; $1.00 stated value; 6,500,000 shares authorized, 6,328,948 shares issued and outstanding at December 31, 2019 and 2018, respectively	4,975,503	4,975,503
Common stock, no par value; 100,000,000 shares authorized, 17,130,317 and 418,342 shares issued and outstanding at December 31, 2019 and 2018, respectively	6,029,328	889,697
Common stock warrants	3,426,946
Accumulated deficit	(16,722,036)	(6,411,483)
Generation Hemp equity	(2,290,259)	(546,283)
Noncontrolling interest	(184,551)
Total Equity (Deficit)	(2,474,810)	(546,283)
Total Liabilities and Equity (Deficit)	$ 2,542,323	$ 16,578,640

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
Common stock, par value
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	17,130,317	418,342
Common stock, shares outstanding	17,130,317	418,342
Series A Redeemable Preferred Stock
Preferred stock, par value		$ 0.0001
Preferred stock, shares authorized		500,000
Preferred stock, shares issued		412,500
Preferred stock, shares outstanding		412,500
Series A Preferred Stock
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	6,500,000	6,500,000
Preferred stock, shares issued	6,328,948	6,328,948
Preferred stock, shares outstanding	6,328,948	6,328,948

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Statement [Abstract]
Revenue	$ 7,500
Costs and Expenses
Depreciation and amortization	15,609	10,640
Impairment expense	5,203,621
Merger and acquisition costs	512,801	1,458,450
General and administrative	997,348	2,593,435
Total costs and expenses	6,729,379	4,062,525
Operating loss	(6,721,879)	(4,062,525)
Other expense (income)
Interest and other income	(2,696)	(3,121)
Change in fair value of marketable security	217,041
Interest expense	179,986	220,798
Total other expense	394,331	217,677
Loss from continuing operations	(7,116,210)	(4,280,202)
Loss from discontinued operations	(1,004,853)	(791,132)
Net loss	(8,121,063)	(5,071,334)
Less: net loss attributable to noncontrolling interests	(212,124)
Net loss attributable to Generation Hemp	$ (7,908,939)	$ (5,071,334)
Earnings (loss) per common share:
Loss from continuing operations - basic and diluted	$ (3.60)	$ (58.17)
Loss from discontinued operations - basic and diluted	(0.41)	(9.60)
Loss per share - basic and diluted	$ (4.01)	$ (67.76)
Weighted average number of common shares used in computing earnings (loss) per share:
Basic and diluted	1,973,662	82,421

Statements of Changes in Stockh

Statements of Changes in Stockholders' Deficit - USD ($)	EHR Series A Redeemable Preferred Stock	Preferred Stock	Common Stock	Common Stock Warrants	Accumulated Deficit	Noncontrolling Interest	Total
Balance at Dec. 31, 2017	$ 8,604,803	$ 3,727,561	$ 148,689		$ (826,261)		$ 3,049,989
Balance at Dec. 31, 2017	412,500	6,029,460	240,510
Private placement of common stock		$ 307,500	$ 223,000				530,500
Private placement of common stock, shares		73,800	53,520
Common shares issued for VCAB merger		$ 940,442	$ 518,008				1,458,450
Common shares issued for VCAB merger, shares		225,688	124,312
Accrued preferred stock dividend	$ 513,888				(513,888)		(513,888)
Accrued preferred stock dividend, shares
Net loss					(5,071,334)		(5,071,334)
Balance at Dec. 31, 2018	$ 9,118,691	$ 4,975,503	$ 889,697		(6,411,483)		(546,283)
Balance at Dec. 31, 2018	412,500	6,328,948	418,342
Cancellation of Series A preferred stock in disposal of oil & gas property interests	$ (9,118,691)
Cancellation of Series A preferred stock in disposal of oil & gas property interests, shares	(412,500)
Private placement of common stock			$ 125,000				125,000
Private placement of common stock, shares			165,611
Series C convertible preferred stock issuance		$ 850,000					850,000
Series C convertible preferred stock issuance, shares		34,000
Conversion of Series C preferred stock		$ (850,000)	$ 850,000
Conversion of Series C preferred stock, shares		(34,000)	2,414,773
Distribution of promissory note to shareholders					(208,099)		(208,099)
Reverse acquisition of EHR			$ 5,051,822				5,051,822
Reverse acquisition of EHR, shares			13,653,574
Noncontrolling interest in consolidated subsidiary			$ (1,864,697)		1,723,102	141,595
Noncontrolling interest in consolidated subsidiary, shares			(2,998,726)
Acquisition of noncontrolling interests			$ 603,693	3,426,946	(3,916,617)	(114,022)
Acquisition of noncontrolling interests, shares			2,414,773
Conversion of shareholder note to common stock			$ 373,813				373,813
Conversion of shareholder note to common stock, shares			1,061,970
Net loss					(7,908,939)	(212,124)	(8,121,063)
Balance at Dec. 31, 2019		$ 4,975,503	$ 6,029,328	$ 3,426,946	$ (16,722,036)	$ (184,551)	$ (2,290,259)
Balance at Dec. 31, 2019		6,328,948	17,130,317

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash Flows From Operating Activities
Net loss	$ (8,121,063)	$ (5,071,334)
Loss from discontinued operations	(1,004,853)	(791,132)
Net loss from continuing operations	(7,116,210)	(4,280,202)
Adjustments to reconcile net loss from continuing operations to net cash from operating activities:
Depreciation expense	15,609	10,639
Impairment expense	5,203,621
Noncash VCAB acquisition costs		1,458,450
Change in fair value of marketable securities	217,041
Changes in operating assets and liabilities:
Prepaid expenses and other assets	(18,757)	(103,612)
Deposits		(3,990)
Accounts payable and accrued liabilities	23,545	365,534
Net cash from operating activities - continuing operations	(1,675,151)	(2,553,181)
Net cash from operating activities - discontinued operations	161,680	2,238,613
Net cash from operating activities	(1,513,471)	(314,568)
Cash Flows From Investing Activities
Additions to property and equipment	(136,584)	(44,355)
Proceeds from disposal of property and equipment	1,000
Reverse merger with Home Treasure Finders, Inc., net of acquired cash	291
Net cash from investing activities – continuing operations	(135,293)	(44,355)
Net cash from investing activities – discontinued operations	(17,333)	(1,717,686)
Net cash from investing activities	(152,626)	(1,762,041)
Cash Flows From Financing Activities
Series C convertible preferred stock issuance	850,000
Private placement of equity	125,000	530,500
Payment of note payable	(5,288)
Proceeds from related party note payable	370,770
Net cash from financing activities – continuing operations	1,340,482	530,500
Net cash from financing activities – discontinued operations		400,000
Net cash from financing activities	1,340,482	930,500
Net change in cash	(325,615)	(1,146,109)
Cash, beginning of period	426,952	1,573,061
Cash, end of period	$ 101,337	$ 426,952

Description of the Business

Description of the Business	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Description of the Business	1. Description of the Business Generation Hemp, Inc. (the "Company"), formerly known as Home Treasure Finders, Inc. ("HTF"), was initially incorporated on July 28, 2008 in the State of Colorado. On March 3, 2014, the Company formed a wholly-owned subsidiary, HMTF Cannabis Holdings, Inc. to purchase properties that qualify for legal cultivation of cannabis. The Company generates income from its real estate holdings. On November 27, 2019, HTF completed the purchase of approximately 68% of the common stock of Energy Hunter Resources, Inc. ("EHR") through the issuance of 6,328,948 shares of the Company's Series A Preferred Stock ("Series A Preferred"). Each share of the Series A Preferred; (a) converts into 12 shares of common stock of the Company, (b) possesses full voting rights, on an as-converted basis, with the common stock of the Company, and (c) has no dividend rate. The acquisition, together with the other transactions contemplated by the Stock Purchase Agreement, dated August 15, 2019 are referred to herein as the "Transaction". In connection with the closing of the Transaction, HTF changed its name to Generation Hemp, Inc. In an exchange transaction also effective November 27, 2019, the Company acquired an additional 26% of the common stock of EHR through the issuance of common stock and warrants (see Note 11). The Company owns approximately 94% of the issued and outstanding common stock of EHR. Thus, EHR is a majority-owned subsidiary of the Company. EHR is an oil and gas exploration and production company whose core properties as of December 31, 2019 were located in (a) Cochran County, Texas within the Slaughter-Levelland Field of the San Andres formation in the Northwest Shelf of West Texas and (b) certain areas of the Eagle Ford Shale Trend in Karnes County, Texas. EHR held an 8.0% interest in certain oil and gas and/ or oil, gas and mineral leases, lands interests, and other properties located in Cochran County and a 28.125% interest in certain oil and gas and/or oil, gas and mineral leases, lands interests, and other properties located in Karnes County. EHR's oil & gas activities are currently held for sale and are presented in these consolidated financial statements as discontinued operations for each of the periods presented. Going Concern and Management's Plans – The Company is dependent upon obtaining additional funding to continue ongoing operations, pursue its new strategy and execute its acquisition plans. Management plans to continue to pursue additional funding opportunities, in order for the Company to meet its obligations as they become due and may not be successful in obtaining additional financing. In the event financing cannot be obtained, the Company may not be able to satisfy its obligations as they become due. Based on these factors, there is substantial doubt about the Company's ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation The acquisition of EHR by HTF has been accounted for as a reverse merger. Under this method of accounting, EHR is treated as the acquirer, and HTF is treated as the acquired party. Therefore, the consolidated financial statements presented are those of EHR prior to the closing date as the Company’s predecessor entity and of the Company subsequent to the closing date. The financial statements reflect the Transaction as the equivalent of the issuance of stock by EHR for the net monetary assets of HTF. The accounting for the Transaction did not affect the carrying values of the assets and liabilities of EHR. Stockholders’ deficit of the accounting acquirer, EHR, has been retroactively restated for the equivalent number of shares issued to the accounting acquirer. Similarly, shares outstanding and earnings per share have also been also retroactively restated based on the equivalent number of shares issued to the accounting acquirer. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Principles of Consolidation The consolidated financial statements comprise the financial statements of the Company, its wholly-owned subsidiaries, and subsidiaries that it controls due to ownership of a majority voting interest. Subsidiaries are fully consolidated from the date of acquisition, being the date on which the Company obtains control, and continue to be consolidated until the date when such control ceases. The financial statements of the subsidiaries are prepared for the same reporting period as the Company. All significant intercompany balances and transactions are eliminated upon consolidation. Business Combinations The Company accounts for business combinations under the acquisition method of accounting. Under this method, acquired assets, including separately identifiable intangible assets, and any assumed liabilities are recorded at their acquisition date estimated fair value. Determining the fair value of assets acquired and liabilities assumed involves the use of significant estimates and assumptions. The excess of purchase price over the fair value amounts assigned to the assets acquired and liabilities assumed represents the goodwill amount resulting from the acquisition. Use of Estimates – The preparation of financial statements in conformity with GAAP 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 period. Significant items subject to such estimates and assumptions include the (i) impairment of long-lived assets and goodwill, (ii) valuation allowances for deferred income tax assets, (iii) oil and gas reserves and (iv) estimates of accrued liabilities. Actual results could differ from those estimates. Cash – The Company maintains its deposits of cash in financial institutions, which may at times exceed amounts covered by insurance provided by the U.S. Federal Deposit Insurance Corporation (“FDIC”). The Company has not experienced any losses related to amounts in excess of FDIC limits. Accounts Receivable – Accounts receivable consists primarily of accrued oil and gas production receivables and joint interest receivables from outside working interest owners. Management routinely assesses accounts receivable balances to determine their collectability and accrues an allowance for uncollectible receivables, when, based on the judgment of management, it is probable that a receivable will not be collected. Investment in Common Stock – For periods before March 2019, the investment in common stock did not have readily determinable fair value. The Company held less than a 20% voting interest and therefore the investment was accounted for at cost. The investment was reviewed for impairment when factors indicate that a decrease in value of the investment is other than temporary. As of December 31, 2018, there were no factors indicating other than temporary impairments of the Company’s investment. In February 2019, the investee was acquired by a public company whose common stock has a readily determinable market value. As such, the Company began accounting for the investment in common stock at its fair value with unrealized gains and losses included in income. The Company recognized an unrealized loss of $217,041 in 2019. Property and Equipment - p roperty and equipment consists of a warehouse, computer equipment, office furniture and fixtures, recorded at cost and depreciated using the straight-line method. The warehouse is depreciated over a useful life of 30 years. The remaining items are depreciated over a range of three to five years. Upon disposition, the cost and accumulated depreciation are removed and any gain or loss on the disposal is reflected in the statements of operations. Oil and Gas Properties – The Company follows the successful efforts method of accounting for its oil and gas properties. Costs to acquire mineral interests in oil and gas properties and to drill and equip new development wells and related asset retirement costs are capitalized. Costs to acquire mineral interests and drill exploratory wells are also capitalized pending determination of whether the wells have proved reserves or not. These capitalized costs are amortized using the unit-of-production method based on estimated proved reserves. Proceeds from sale of properties are generally credited to property costs, and a gain or loss is recognized when a significant portion of an amortization base is sold or abandoned. Exploration costs, including geological and geophysical expenses and delay rentals, are charged to expense as incurred. Exploratory drilling costs, including the cost of stratigraphic test wells, are initially capitalized but are charged to exploration expense if the well is determined to be nonproductive at that time. The determination of an exploratory well’s ability to produce must be made within one year from the completion of drilling activities. The acquisition costs of unproved acreage are initially capitalized and carried at cost, net of accumulated impairment provisions, until such leases are transferred to proved properties or charged to exploration expense as impairments of unproved properties. The Company computes its provision for depreciation, depletion & amortization (“DD&A”) on its proved producing properties under the unit-of-production method. Acquisition costs of proved properties are depleted based on total proved reserves while well costs are depleted based on proved developed reserves. Reserve estimates are expected to have a significant impact on the DD&A rate. The Company reviews its unproved oil and gas properties at least annually to determine if there has been impairment. To the extent that the carrying cost of a property exceeds its estimated fair value, the Company makes a provision for impairment that is recorded in the statement of operations. When circumstances indicate that the carrying value of proved oil and gas properties may not be recoverable, the Company compares capitalized costs to the expected undiscounted pre-tax future cash flows for the associated assets grouped at the lowest level for which identifiable cash flows are independent of cash flows of other assets. If the expected undiscounted pre-tax future cash flows, based on estimates of future oil and gas prices, operating costs, anticipated production from proved reserves and other relevant data, are lower than the capitalized cost, the capitalized cost is reduced to fair value. Fair value is generally estimated using the income approach described in the ASC 820. If applicable, the Company utilizes prices and other relevant information generated by market transactions involving assets and liabilities that are identical or comparable to the item being measured as the basis for determining fair value. The expected future cash flows used for impairment reviews and related fair value calculations are typically based on judgmental assessments of future production volumes, commodity prices, operating costs, and capital investment plans, considering all available information at the date of review. These assumptions are applied to develop future cash flow projections that are then discounted to estimated fair value, using a discount rate believed to be consistent with those applied by market participants. These fair value measurements are classified as Level 3 in the fair value hierarchy. Asset Retirement Obligations – The Company records a liability for the plugging, abandonment and remediation of its properties at the end of their productive lives. The Company computes the liability for asset retirement obligations by calculating the present value of estimated future cash flows related to each property. This requires the Company to use significant assumptions, including current estimates of plugging and abandonment costs, annual inflation of these costs, the productive lives of wells and its risk-adjusted interest rate. Changes in any of these assumptions can result in significant revisions to the estimated asset retirement obligations. Asset retirement obligations are recorded as a liability at their estimated present value at the asset’s inception, with an offsetting increase to producing properties in the accompanying balance sheet which is amortized to expense on a unit-of-production basis. Periodic accretion of the discount on asset retirement obligations is recorded as expense. Noncontrolling Interest Revenue Recognition – Revenue from Contracts with Customers For periods subsequent to adoption of the new standard, sales of oil and gas are included in revenue when production is sold to a customer in fulfillment of performance obligations under the terms of agreed contracts. Performance obligation primarily comprise delivery of oil and gas at a delivery point. Each barrel of oil, million Btu (MMBtu) of gas, or other unit of measure is separately identifiable and represents a distinct performance obligation to which the transaction price is allocated. Performance obligations are satisfied at a point in time once control of the product has been transferred to the customer. The term between delivery and when payments are due is not significant. The Company uses the sales method of accounting for gas production imbalances. The volumes of gas sold may differ from the volumes to which the Company is entitled based on its interests in the properties. These differences create imbalances that are recognized as a liability only when the properties’ estimated remaining reserves net to the Company will not be sufficient to enable the under-produced owner to recoup its entitled share through production. The Company’s recorded liability is generally reflected in other non-current liabilities. There were no significant gas imbalances at December 31, 2019 or 2018. Rental income is recognized based on the contractual cash rental payments for the period. Earnings (loss) per share – Basic earnings (loss) per share amounts are calculated by dividing income available to common shareholders, after deducting preferred stock dividends, by the weighted average number of shares of common stock outstanding. Diluted earnings per share amounts are calculated by dividing net income by the weighted average number of shares of common stock and common stock equivalents outstanding. Common stock equivalents represent shares issuable upon the assumed conversion of preferred stock outstanding and the assumed exercise of common stock warrants outstanding. Fair Value Measurement – Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The three levels related to fair value measurements are as follows: Level 1 — Observable inputs such as quoted prices in active markets for identical assets or liabilities. Level 2 — Observable inputs other than quoted prices included in Level 1, such as 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 or other inputs that are observable or can be corroborated by observable market data. Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The estimated fair value of cash, accounts receivable, and accounts payable approximate the carrying amount due to the relatively short maturity of these instruments. The Company’s non-financial assets measured at fair value on non-recurring basis include impairment measurements of oil and gas properties and the Company’s investment in common stock before it became publicly traded. These are considered Level 3 measurements as they involve significant unobservable inputs. Fair value of the investment in common stock is determined based on a level 1 input for periods after February 2019 after it became publicly traded. Income Taxes – 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 and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates. 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. In assessing the realizability of deferred tax assets, management considers whether it is more-likely-than-not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax asset (including the impact of available carryback and carryforward periods), projected future taxable income, and tax-planning strategies in making this assessment. A valuation allowance for deferred tax assets is recorded when it is more likely than not that the benefit from the deferred tax asset will not be realized. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which a change in judgment occurs. The Company had no material uncertain tax positions as of December 31, 2019 and 2018. The Company is subject to the Texas margin tax; however, tax expense was zero for the years ended December 31, 2019 and 2018. Major Customer and Concentration of Credit Risk We have a limited number of customers. We estimate an allowance for doubtful accounts based on an analysis of specific customers, taking into consideration the age of past due accounts and an assessment of the customer’s ability to pay. An allowance for doubtful accounts was not needed as of December 31, 2019 or 2018. During 2019, our rental income was derived from a single lessee. There were no amounts due from this customer at December 31, 2019. Recent Accounting Pronouncements – In August 2016, the FASB issued ASU 2016-15, , to clarify how eight specific cash receipt and cash payment transactions should be presented in the statement of cash flows. We adopted the new standard on January 1, 2018. Adoption of this standard had no material impact on our consolidated statements of cash flows and related disclosures. In February 2016, the FASB issued ASU 2016-02, Leases,

Merger with Home Treasure Finde

Merger with Home Treasure Finders	12 Months Ended
	Dec. 31, 2019
Merger with Home Treasure Finders [Abstract]
Merger with Home Treasure Finders	3. Merger with Home Treasure Finders On November 27, 2019, HTF completed the purchase of approximately 68% of the common stock of EHR through the issuance of 6,328,948 shares of the Company's Series A Preferred. As discussed above, the acquisition of EHR by HTF has been accounted for as a reverse merger. The fair value of the assets acquired and liabilities assumed are based on management's estimates. The following table summarizes the estimated fair value of the assets acquired and liabilities assumed at the date of acquisition: Assets acquired: Cash $ 291 Property and equipment 1,012,500 Liabilities assumed: Accounts payable (78,226 ) Convertible note payable (208,099 ) Mortgage payable (630,691 ) Net assets acquired 95,775 Purchase consideration paid - Common stock 5,051,822 Goodwill $ 4,956,047 An impairment analysis performed as of the date of closing showed that the acquired goodwill was fully impaired. As such, goodwill impairment expense of $4,956,047 was recorded subsequent to the Transaction. The consolidated statement of operations for the year ended December 31, 2019 includes $7,500 of HTF revenue and HTF losses of $4,952,563 since the acquisition date. The following unaudited pro forma consolidated results of operations have been prepared as if the Transaction had occurred as of January 1, 2018: Year ended December 31, 2019 2018 Revenue, continuing operations $ 69,381 $ 82,508 Loss from continuing operations $ (7,176,631 ) $ (4,357,748 ) Earnings (loss) per common share: Basic and diluted $ (4.04 ) $ (68.71 ) Pro forma data does not purport to be indicative of the results that would have been obtained had these events actually occurred at the beginning of the period presented and is not intended to be a projection of future results. Sale of HTF's Legacy Business On December 20, 2019, the Company entered the Legacy Business Bill of Sale, Assignment and Assumption Agreement ("Bill of Sale") with Corey Wiegand, HTF's former CEO. Under the Bill of Sale, we agreed to sell to Mr. Wiegand HTF's property management and residential real estate sales business (the "Legacy Business") for $160,000. As alternative consideration to paying the purchase price in cash, the Bill of Sale provided that Mr. Wiegand had the right to redeem a portion of his existing common stock ownership in the Company as consideration for purchase of the Legacy Business, in lieu of paying cash. Based on an agreed upon reference price of $0.37 per share of common stock of the Company, Mr. Wiegand redeemed ownership equivalent to 432,432 shares to satisfy the required payment of the Legacy Business sale price. Pursuant to certain provisions set forth in the Stock Purchase Agreement entered into at the time of the Transaction, the shares of common stock utilized by Mr. Wiegand for payment of the Legacy Business purchase price were returned to the Company's treasury and have been re-issued on a pro rata basis to the shareholders of record of the Company (other than Mr. Wiegand) as of the day immediately preceding the date of closing under the Stock Purchase Agreement. The Company recognized no gain or loss on the Legacy Business sale.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Discontinued Operations	4. Discontinued Operations In connection with the Transaction, management determined to fully divest of EHR's oil and gas activities. These activities are presented as discontinued operations for each of the periods presented and are being actively marketed for sale. The following is a summary of the carrying amounts of major classes of assets and liabilities of the discontinued operations to assets and liabilities held for sale: December 31, 2019 2018 Assets Accounts receivable - Current assets of discontinued operations held for sale $ 20,835 $ 437,125 Oil and Natural Gas Properties held for sale, at cost, using the successful efforts method 5,285,340 15,712,417 Accumulated DD&A (4,089,179 ) (505,667 ) Total oil and gas properties, net of discontinued operations held for sale 1,196,161 15,206,750 Total assets of discontinued operations held for sale $ 1,216,996 $ 15,643,875 Liabilities Accounts payable $ - $ 820,201 Deferred revenue - 1,076,390 Accrued liabilities 92,196 466,254 Asset retirement obligations 52,776 415,061 Revenue payable 70,609 1,459,050 Note payable 1,100,000 - Current liabilities of discontinued operations held for sale 1,315,581 4,236,956 Senior subordinated convertible debenture - 400,000 Asset retirement obligations 119,657 957,270 Net deferred income tax liability - - Long term liabilities of discontinued operations held for sale 119,657 1,357,270 Total liabilities of discontinued operations held for sale $ 1,435,238 $ 5,594,226 The following is a summary of the major classes of line items constituting loss on discontinued operations shown in the consolidated statements of operations: Year ended December 31, 2019 2018 Revenue Oil and gas sales $ 485,655 $ 2,527,038 Overhead fees 31,000 144,000 Total revenue 516,655 2,671,038 Costs and Expenses Lease operating expense 377,486 1,744,009 Exploration expense - 3,446 Depreciation, depletion & amortization 82,300 470,445 Accretion 32,974 177,282 Gain on disposal of oil & gas property interests (1,666,790 ) - Impairment & abandonment 3,730,678 89,411 Mergers & acquisition costs 100,000 977,577 Total costs and expenses 2,656,648 3,462,170 Other income (1,176,390 ) - Interest expense 41,250 - Loss from discontinued operations $ (1,004,853 ) $ (791,132 ) San Andres Acquisition #2 – San Andres Acquisition #3 – On November 5, 2018, the Company made an initial payment of $100,000 for an agreement to acquire another 4,287 acres located in the San Andres oil play of the Permian Basin, adjacent to its existing leasehold position in Cochran County, Texas. The anticipated closing would have been in January 2019. The Company elected not to complete this acquisition because of market conditions. The initial payment was expensed in 2019 within the loss from discontinued operations in the consolidated statements of operations. Disposal of Oil & Gas Property Interests On March 1, 2019, the Company entered into a Termination, Repurchase and Release Agreement (the "Agreement") with LEP wherein the Company reassigned a 52% working interest in the oil & gas assets acquired in the San Andres Acquisition #1 back to LEP (with the Company continuing to hold an 8% working interest in those assets) in exchange for the return and cancellation of 412,500 shares of the Company's Series A Preferred Stock plus all accrued and unpaid dividends thereon and LEP's assumption of the Company's obligations under its Senior Subordinated Debentures totaling $400,000. Operatorship of the oil & gas assets was transferred by the Company to LEP, and amounts owed by the Company to LEP and all trade payables associated with the assets were memorialized in the form of a non-recourse promissory note totaling $1.1 million. The Company and LEP also entered into certain financial arrangements and mutual releases in order to settle all existing disputes relating to the assets arising prior to the effective date. The promissory note was due March 1, 2020, bore interest at 5% per annum and required no payments until maturity. The Company recognized a gain on disposal of $1,666,790 within the loss from discontinued operations in the consolidated statements of operations. In June 2020, the $1.1 million non-recourse promissory note and accrued interest thereon was settled upon LEP's foreclosure of the Company's Gap Band property interest. Impairment of Oil & Gas Property Interests During the year ended December 31, 2019, the Company's oil and gas properties became impaired due to the market decline and the Company's determination to exit the oil and gas business. The Company's interest in the San Andres Acquisition #1 was determined to be fully impaired and its interest in the Gap Band property was determined to have a fair value of $1.2 million. Impairment expense totaling $3,730,678 was recorded within the loss from discontinued operations in the consolidated statements of operations to reduce the carrying values of the Company's oil and gas property interests to their estimated fair values. The Company recorded no impairments or abandonments of oil and gas properties during the year ended December 31, 2018.

Note Payable _ Related Party

Note Payable — Related Party	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Note Payable — Related Party	5. Note Payable — Related Party Senior Secured Promissory Note – On March 31, 2017, the Company entered into a subscription agreement under which we issued a $3,000,000 10% Senior Secured Promissory Note with an initial maturity of September 1, 2017 to Satellite Overseas (Holdings) Limited ("SOHL"), a stockholder of the Company's common shares. The Senior Secured Promissory Note was funded through three equal monthly draws of $1 million made in April, May, and June 2017. Upon maturity, at the option of the holder, the Senior Secured Promissory Note may either become due and payable or convert into shares of common stock at 75% of the share price in a qualified equity offering. Upon an occurrence of an event of default, the interest rate of the Senior Secured Promissory Note escalates to 12%. The Senior Secured Promissory Note is secured, pursuant to a deed of trust, by a first priority security interest in a 50% working interest in the profits from all oil and gas produced from the Gap Band 2-H well in Karnes County, Texas. The Company and SOHL agreed to nine interim extensions of the maturity date. As extended, the maturity date was April 30, 2020. The note is currently past due. The contingent put option in the Senior Secured Promissory Note is an embedded derivative that is recorded at fair value. The fair value calculation includes Level 3 inputs including the estimated fair value of the Company's common stock and assumptions regarding the probability that the contingent put will be exercised. Management determined that the probability that the convertible note will be settled in shares was near zero at inception and has remained near zero during the term of the promissory note. The holder has indicated to the Company that they do not intend to exercise the conversion option. Therefore, the Company concluded that the fair value of the embedded derivative was near zero throughout the term of the convertible note. The provision in the Senior Secured Promissory Note for escalation of interest rates from 10% to 12% is also an embedded derivative that must be recorded at fair value as the escalation of the interest rate is based on factors other than credit risk. The fair value of this derivative is not material because there has not been an escalation of the interest rate on the Senior Secured Promissory Note during the term of the note, the Company has been able to extend the maturity of the Note and any potential escalation of the interest rate would be immaterial to the financial statements. Accrued interest and fees on the Senior Secured Promissory Note were $247,500 and $97,500 at December 31, 2019 and 2018, respectively. Senior Subordinated Debentures – On October 10, 2018, the Company issued Senior Subordinated Debentures totaling $400,000 with certain investors. The term of the debentures was 36 months with 10% interest per annum payable quarterly. The Senior Subordinated Debentures were extinguished in March 2019 as part of the disposal of oil & gas property interests (see Note 4). Convertible Promissory Note – In October 2019, HTF issued a convertible promissory note to EHR in exchange for EHR's payment of HTF's accounts payable and Transaction expenses. The convertible promissory note bears interest at 4% per annum and matures on November 1, 2021. Commencing 180 days subsequent to the date of the convertible promissory note, any portion or all of the principal and accrued interest payable is convertible by the holder at any time prior to payment into the common stock of the Company at a rate of $0.352 of principal and/or interest per share. EHR distributed the convertible promissory note receivable to its shareholders prior to consummation of the Transaction. The outstanding balance owed by the Company under this convertible promissory note at December 31, 2019 was $208,874.

Mortgage Payable and Operating

Mortgage Payable and Operating Lease	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Mortgage Payable and Operating Lease	6. Mortgage Payable and Operating Lease The Company is obligated under a mortgage payable, dated September 15, 2014 and as amended October 1, 2019, secured by its warehouse property located in Denver, Colorado. The note provides for a 25 year amortization period and an initial interest rate of 9% annually. As amended, the note matured on July 15, 2020 but was extended under terms of the amendment to January 15, 2021 after payment by the Company of a extension fee of 1% of the then outstanding principal. The rate during this first extension period is 10% annually and the monthly payment is $5,590.11. The maturity date may be subsequently extended at the Company's option to July 15, 2021 after payment again of a extension fee of 1% of the then outstanding principal. The interest rate will increase to 11% annually if this extension is made. As of December 31, 2019, the balance of the mortgage payable was $626,086 and the present maturity is January 15, 2021. The Company leases the Denver warehouse property to a tenant under an operating leases expiring June 30, 2021 for a monthly rent of $7,500. The lease requires the tenant reimburse us for property taxes and insurance and maintains the interior and exterior of the warehouse (except for the roof). Minimum future rents for 2020 are $90,000 and for 2021 are $45,000.

Other Related Party Transaction

Other Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Other Related Party Transactions	7. Other Related Party Transactions The Company had a previous business relationship with Pilatus Hunter, LLC, ("Pilatus Hunter"), a company owned by the Company's CEO. Pilatus Hunter provides private air travel services, which began in September 2016. Pilatus Hunter was paid or advanced $137,151 for services during the year ended December 31, 2018. No amounts were paid or advanced during the year ended December 31, 2019. At December 31, 2018, accounts receivable – related parties included $54,305 due from Pilatus Hunter. There were no amounts receivable or payable to Pilatus Hunter at December 31, 2019. Before completion of the Transaction, the Company had balances due from employees from time to time in the normal course of business. At December 31, 2018, accounts receivable from employees totaled $5,377. No amounts were due from employees at December 31, 2019. In 2019, our CEO advanced $370,770 under a convertible note bearing interest at 10% per annum. This note, including accrued interest, was converted into 1,061,970 shares of common stock on December 31, 2019.

Asset Retirement Obligations

Asset Retirement Obligations	12 Months Ended
	Dec. 31, 2019
Asset Retirement Obligations [Abstract]
Asset Retirement Obligations	8. Asset Retirement Obligations Total asset retirement obligations ("ARO") consist of amounts for future plugging and abandonment liabilities on our wellbores and facilities based on third-party estimates of such costs, adjusted for inflation at a rate of 2%. These values are discounted to present value using our credit-adjusted risk-free rate of 10% per annum. The following table summarizes the changes in ARO included in discontinured obligations: Balance at January 1, 2018 $ 1,195,049 Accretion expense 177,282 Balance at December 31, 2018 1,372,331 Disposal of oil & gas property interests (1,232,872 ) Accretion expense 32,974 Balance at December 31, 2019 $ 172,433

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	9. Commitments and Contingencies Leases – On March 31, 2019, the Company abandoned its office lease. The right of use asset on the balance sheet at this date was fully impaired. The Company recognized impairment expense totaling $247,574 for this abandonment. This office lease required monthly payments of $10,802 until its expiration on May 31, 2021. No rent payments have been made since abandonment. The lessor has made a claim for rent and the Company has made a counterclaim due to the premises being uninhabitable due to the actions of other tenants located on the floor. At December 31, 2019, the Company had accrued unpaid rent totaling $244,202. The discount rate used in computing the lease obligation was 10%. Rent expense for 2019 and 2018 totaled $64,323 and $214,411, respectively. Litigation – From time to time, we are subject to various litigation and other claims in the normal course of business. Below is a discussion of two specific matters. We cannot estimate the ultimate outcome of these matters. JDONE, LLC v. Grand Traverse Holdings, LLC and John Gallegos, Denver District Court Case No. 2019CV33723 JDONE is a wholly owned subsidiary of the Company and landlord of a commercial warehouse building ("the Property") that was leased to Grand Traverse on December 31, 2018 for a term of 61 months, with a personal guaranty from Defendant John Gallegos. On April 12, 2019, Grand Traverse presented JDONE with a forged, signed copy of the draft early termination amendment that JDONE had previously rejected. JDONE has suffered damages due to Defendant's misconduct of approximately $823,504 plus interest and attorney's fees. A court ordered mediation was held in May 2020 without success. All material defendant motions have been denied by the court. The case is set for jury trial in calendar year 2021. KBSIII Tower at Lake Carolyn, LLC and Prime US-Tower at Lake Carolyn, LLC (collectively – "KBSIII") vs. Energy Hunter Resources, Inc. Plaintiff/Counterdefendant KBSIII is seeking lost rent on office space for periods after EHR vacated office premises located in Las Colinas, Texas. EHR has filed a counter suit alleging specific damages due to uninhabitable premises of the office space due to the intolerable conduct of other tenants located on the same floor. Discovery in the case is complete. The case has not been set for trial. Environmental Remediation Various federal, state, and local laws and regulations covering the discharge of materials into the environment, or otherwise relating to the protection of the environment, may affect the Company's operations and the costs of its crude oil and gas exploration, development, and production operations. The Company does not anticipate that it will be required in the near future to expend significant amounts due to environmental laws and regulations, and accordingly no reserves have been recorded.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes No amounts were recorded for income tax expense during the years ended December 31, 2019 or 2018. A reconciliation of the expected statutory federal tax and the total income tax expense from continuing operations was as follows: Year Ended December 31, 2019 2018 Federal statutory rate $ (1,494,404 ) $ (898,842 ) State income taxes, net (229,304 ) - Change in valuation allowance 792,853 896,528 Other, net 930,855 2,314 Total income tax expense $ - $ - The tax effect of temporary differences that gave rise to significant components of deferred tax assets and liabilities consisted of the following: December 31, 2019 2018 Assets: Net operating loss carryforwards $ 1,388,111 $ 2,234,623 Property and equipment 76,340 Liabilities: Other (310,482 ) (287,801 ) Subtotal 1,153,969 1,946,822 Valuation allowance (1,153,969 ) (1,946,822 ) Net deferred tax asset (liability) $ - $ - The Company has federal net operating loss ("NOL") carryforwards of approximately $6.6 million at December 31, 2019, of which about $106,000 begin to expire in 2036 and the remainder have no expiration. The Company estimates that approximately $4.4 million of its NOL carry-forwards are subject to annual limitations under Internal Revenue Code Section 382 as a result of ownership changes at various times including in the Transaction. The Company estimates that approximately $125,000 of these NOL carry-forwards may be utilized annually because of the impact of the Section 382 limitations.

Equity

Equity	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Equity	11. Equity Common Stock Issued for VCAB Acquisition - Common Stock Issued in Private Placement EHR Series A Redeemable Preferred Stock – On December 1, 2017, EHR designated 500,000 shares of Series A 6.00% Perpetual Redeemable Convertible Preferred Stock (the "EHR Series A Preferred Shares"). Of the 500,000 EHR Series A Preferred Shares, (i) 412,500 shares were issued to LEP in the San Andres Acquisition #1 and (ii) 87,500 shares were reserved for the payment of dividends in kind. All of the EHR Series A Preferred Shares had a stated value of $20.00 per share. The EHR Series A Preferred Shares contained a substantive conversion option, were not mandatorily redeemable and converted into a fixed number of common shares. As of December 31, 2018, there were 412,500 EHR Series A Preferred Shares outstanding. Pursuant to the Certificate of Designation for the EHR Series A Preferred Shares (the "Certificate of Designations") each EHR Series A Preferred Share was convertible at any time, at the option of the Holder into one share of EHR common stock. If not converted sooner, the Company had the right to repurchase all or any portion of the then outstanding shares of EHR Series A Preferred Shares at a price, in cash, equal to the stated value per share, plus all accrued but unpaid dividends thereon to the date of payment, (i) at any time following the one-year anniversary of the original issue date, or (ii) if (A) the average closing bid price of the corporation's common stock shall have equaled or exceeded 125% of the stated value for the immediately preceding 20 trading days and (B) the shares of common stock issuable upon conversion. This conversion option was considered clearly and closely related to the EHR Series A Preferred Stock host contract and therefore did not require bifurcation. Dividends on the EHR Series A Preferred Shares were payable quarterly at the Company's election in cash, EHR Series A Preferred shares or a combination of cash and shares at an annual dividend rate of 6.00%. The EHR Series A Preferred Stock was presented as "mezzanine equity" in the Company's consolidated balance sheets because it was mandatorily redeemable. On March 1, 2019, all outstanding shares of the EHR Series A Preferred Stock and accrued dividends thereon were returned and cancelled in the disposal of oil & gas property interests. Refer to Note 4 for more discussion. EHR Series C Preferred Stock In the third quarter of 2019, EHR raised $850,000 of additional funding through the issuance of 34,000 shares of EHR Series C Preferred Stock. The EHR Series C Preferred Stock converted into 2,414,773 shares of EHR's common stock upon completion of the Transaction. These common shares were initially accounted for as noncontrolling interests in EHR. In an exchange transaction effective November 27, 2019, the Company acquired these noncontrolling interests representing approximately 26% of the ownership of EHR through the issuance of 2,414,773 shares of Company common stock and 14,488,638 warrants for the purchase of Company common stock. The warrants have an exercise price of $0.352 per share and expire on November 27, 2021. The warrants may be redeemed beginning October 1, 2020 for $0.0001 per warrant at the Company's option with 30-days advanced notice should the volume weighted average price exceed $1.00 for any five out of seven consecutive trading days with a minimum average daily trading volume for such seven-day period of at least 25,000 shares of common stock. One-half of the warrants have a cashless exercise feature. Series A Preferred Stock –

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	12. Supplemental Cash Flow Information Year ended December 31, 2019 2018 Cash paid for interest $ - $ - Cash paid for taxes - - Noncash investing and financing activities: Initial recognition of right to use asset and lease liabilities 279,111 - Right of use asset amortization 31,537 - Apply deposit against lease liability 10,690 - Recognition of noncontrolling interests in reverse merger 95,743 - Conversion of Series C preferred stock into common stock 850,000 - Acquisition of noncontrolling interests (114,022 ) Conversion of shareholder note to common stock 373,813 - Distribution of promissory note to shareholders 208,099 - Capital expenditures in accounts payable - 561,796 Accrual of preferred stock dividends - 513,888

Earnings (Loss) Per Share

Earnings (Loss) Per Share	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Earnings (Loss) per Share	13. Earnings (Loss) per Share The following table is a calculation of the earnings (loss) per basic and diluted share: Amounts attributable to Generation Hemp: Numerator Loss from continuing operations $ (7,102,542 ) $ (4,280,202 ) Less: Preferred stock dividends - (513,888 ) Net loss from continuing operations attributable to common stockholders (7,102,542 ) (4,794,090 ) Loss from discontinued operations (806,397 ) (791,132 ) Net loss attributable to common stockholders $ (7,908,939 ) $ (5,585,222 ) Denominator Weighted average shares used to compute basic EPS 1,973,662 82,421 Dilutive effect of preferred stock - - Weighted average shares used to compute diluted EPS 1,973,662 82,421 Earnings (loss) per share: Loss from continuing operations - basic and diluted $ (3.60 ) $ (58.17 ) Loss from discontinued operations - basic and diluted $ (0.41 ) $ (9.60 ) Loss per share - basic and diluted $ (4.01 ) $ (67.76 ) The computation of diluted earnings per common share for the year ended December 31, 2019 excludes (i) the assumed conversion of the Series A Preferred Stock and (ii) the effect of assumed exercise of approximately 14,488,638 warrants, as their exercise price was greater than the average market value of our common stock for the period, as these would be anti-dilutive.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	14. Subsequent Events Issuances of Common Stock Response to the Coronavirus Disease 2019 (COVID-19) Pandemic on Our Business— Our business, results of operations and financial condition were adversely affected by the COVID-19 pandemic, especially beginning in mid-March, and such impact has materially worsened to date in the second quarter. The COVID-19 pandemic and measures taken to contain it have subjected our business, results of operations, financial condition, stock price and liquidity to a number of material risks and uncertainties, all of which may continue or worsen. The extent of the potential effect of the COVID-19 pandemic will depend on future actions and outcomes, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the outbreak, the short-term and long-term economic impact of the outbreak (including the effect on consumer discretionary spending and our employees in the markets in which we operate), the actions taken to mitigate the impact of the virus, and the pace of economic and financial market recovery when the COVID-19 pandemic subsides, among others. Paycheck Protection Program Loan PPP loan recipients may be eligible to have their loans forgiven if the funds were used for eligible expenses over the eight-week coverage period commencing when the loan was originally disbursed. The amount of forgiveness may be reduced if the percentage of eligible expenses attributed to nonpayroll expenses exceeds 25% of the loan, if employee headcount decreases, or compensation decreases by more than 25% for each employee making less than $100,000 per year, unless the reduced headcount or compensation levels are restored by June 30, 2020. On April 29, 2020, Generation Hemp, Inc. received disbursement of an approved PPP loan in the amount of $25,200. The company anticipates that this entire disbursement amount will be forgiven under the current program requirements for forgiveness eligibility. Disposal of Gap Band Property Interest – Subordinated Promissory Note— Pending Acquisition of Halcyon Thruput, LLC –

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The acquisition of EHR by HTF has been accounted for as a reverse merger. Under this method of accounting, EHR is treated as the acquirer, and HTF is treated as the acquired party. Therefore, the consolidated financial statements presented are those of EHR prior to the closing date as the Company's predecessor entity and of the Company subsequent to the closing date. The financial statements reflect the Transaction as the equivalent of the issuance of stock by EHR for the net monetary assets of HTF. The accounting for the Transaction did not affect the carrying values of the assets and liabilities of EHR. Stockholders' deficit of the accounting acquirer, EHR, has been retroactively restated for the equivalent number of shares issued to the accounting acquirer. Similarly, shares outstanding and earnings per share have also been also retroactively restated based on the equivalent number of shares issued to the accounting acquirer. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP").
Principles of Consolidation	Principles of Consolidation The consolidated financial statements comprise the financial statements of the Company, its wholly-owned subsidiaries, and subsidiaries that it controls due to ownership of a majority voting interest. Subsidiaries are fully consolidated from the date of acquisition, being the date on which the Company obtains control, and continue to be consolidated until the date when such control ceases. The financial statements of the subsidiaries are prepared for the same reporting period as the Company. All significant intercompany balances and transactions are eliminated upon consolidation.
Business Combinations	Business Combinations The Company accounts for business combinations under the acquisition method of accounting. Under this method, acquired assets, including separately identifiable intangible assets, and any assumed liabilities are recorded at their acquisition date estimated fair value. Determining the fair value of assets acquired and liabilities assumed involves the use of significant estimates and assumptions. The excess of purchase price over the fair value amounts assigned to the assets acquired and liabilities assumed represents the goodwill amount resulting from the acquisition.
Use of Estimates	Use of Estimates – The preparation of financial statements in conformity with GAAP 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 period. Significant items subject to such estimates and assumptions include the (i) impairment of long-lived assets and goodwill, (ii) valuation allowances for deferred income tax assets, (iii) oil and gas reserves and (iv) estimates of accrued liabilities. Actual results could differ from those estimates.
Cash	Cash – The Company maintains its deposits of cash in financial institutions, which may at times exceed amounts covered by insurance provided by the U.S. Federal Deposit Insurance Corporation ("FDIC"). The Company has not experienced any losses related to amounts in excess of FDIC limits.
Accounts Receivable	Accounts Receivable – Accounts receivable consists primarily of accrued oil and gas production receivables and joint interest receivables from outside working interest owners. Management routinely assesses accounts receivable balances to determine their collectability and accrues an allowance for uncollectible receivables, when, based on the judgment of management, it is probable that a receivable will not be collected.
Investment in Common Stock	Investment in Common Stock – For periods before March 2019, the investment in common stock did not have readily determinable fair value. The Company held less than a 20% voting interest and therefore the investment was accounted for at cost. The investment was reviewed for impairment when factors indicate that a decrease in value of the investment is other than temporary. As of December 31, 2018, there were no factors indicating other than temporary impairments of the Company's investment. In February 2019, the investee was acquired by a public company whose common stock has a readily determinable market value. As such, the Company began accounting for the investment in common stock at its fair value with unrealized gains and losses included in income. The Company recognized an unrealized loss of $217,041 in 2019.
Property and Equipment	Property and Equipment - p roperty and equipment consists of a warehouse, computer equipment, office furniture and fixtures, recorded at cost and depreciated using the straight-line method. The warehouse is depreciated over a useful life of 30 years. The remaining items are depreciated over a range of three to five years. Upon disposition, the cost and accumulated depreciation are removed and any gain or loss on the disposal is reflected in the statements of operations.
Oil and Gas Properties	Oil and Gas Properties – The Company follows the successful efforts method of accounting for its oil and gas properties. Costs to acquire mineral interests in oil and gas properties and to drill and equip new development wells and related asset retirement costs are capitalized. Costs to acquire mineral interests and drill exploratory wells are also capitalized pending determination of whether the wells have proved reserves or not. These capitalized costs are amortized using the unit-of-production method based on estimated proved reserves. Proceeds from sale of properties are generally credited to property costs, and a gain or loss is recognized when a significant portion of an amortization base is sold or abandoned. Exploration costs, including geological and geophysical expenses and delay rentals, are charged to expense as incurred. Exploratory drilling costs, including the cost of stratigraphic test wells, are initially capitalized but are charged to exploration expense if the well is determined to be nonproductive at that time. The determination of an exploratory well's ability to produce must be made within one year from the completion of drilling activities. The acquisition costs of unproved acreage are initially capitalized and carried at cost, net of accumulated impairment provisions, until such leases are transferred to proved properties or charged to exploration expense as impairments of unproved properties. The Company computes its provision for depreciation, depletion & amortization ("DD&A") on its proved producing properties under the unit-of-production method. Acquisition costs of proved properties are depleted based on total proved reserves while well costs are depleted based on proved developed reserves. Reserve estimates are expected to have a significant impact on the DD&A rate. The Company reviews its unproved oil and gas properties at least annually to determine if there has been impairment. To the extent that the carrying cost of a property exceeds its estimated fair value, the Company makes a provision for impairment that is recorded in the statement of operations. When circumstances indicate that the carrying value of proved oil and gas properties may not be recoverable, the Company compares capitalized costs to the expected undiscounted pre-tax future cash flows for the associated assets grouped at the lowest level for which identifiable cash flows are independent of cash flows of other assets. If the expected undiscounted pre-tax future cash flows, based on estimates of future oil and gas prices, operating costs, anticipated production from proved reserves and other relevant data, are lower than the capitalized cost, the capitalized cost is reduced to fair value. Fair value is generally estimated using the income approach described in the ASC 820. If applicable, the Company utilizes prices and other relevant information generated by market transactions involving assets and liabilities that are identical or comparable to the item being measured as the basis for determining fair value. The expected future cash flows used for impairment reviews and related fair value calculations are typically based on judgmental assessments of future production volumes, commodity prices, operating costs, and capital investment plans, considering all available information at the date of review. These assumptions are applied to develop future cash flow projections that are then discounted to estimated fair value, using a discount rate believed to be consistent with those applied by market participants. These fair value measurements are classified as Level 3 in the fair value hierarchy.
Asset Retirement Obligations	Asset Retirement Obligations – The Company records a liability for the plugging, abandonment and remediation of its properties at the end of their productive lives. The Company computes the liability for asset retirement obligations by calculating the present value of estimated future cash flows related to each property. This requires the Company to use significant assumptions, including current estimates of plugging and abandonment costs, annual inflation of these costs, the productive lives of wells and its risk-adjusted interest rate. Changes in any of these assumptions can result in significant revisions to the estimated asset retirement obligations. Asset retirement obligations are recorded as a liability at their estimated present value at the asset's inception, with an offsetting increase to producing properties in the accompanying balance sheet which is amortized to expense on a unit-of-production basis. Periodic accretion of the discount on asset retirement obligations is recorded as expense.
Noncontrolling Interest	Noncontrolling Interest
Revenue Recognition	Revenue Recognition – Revenue from Contracts with Customers For periods subsequent to adoption of the new standard, sales of oil and gas are included in revenue when production is sold to a customer in fulfillment of performance obligations under the terms of agreed contracts. Performance obligation primarily comprise delivery of oil and gas at a delivery point. Each barrel of oil, million Btu (MMBtu) of gas, or other unit of measure is separately identifiable and represents a distinct performance obligation to which the transaction price is allocated. Performance obligations are satisfied at a point in time once control of the product has been transferred to the customer. The term between delivery and when payments are due is not significant. The Company uses the sales method of accounting for gas production imbalances. The volumes of gas sold may differ from the volumes to which the Company is entitled based on its interests in the properties. These differences create imbalances that are recognized as a liability only when the properties' estimated remaining reserves net to the Company will not be sufficient to enable the under-produced owner to recoup its entitled share through production. The Company's recorded liability is generally reflected in other non-current liabilities. There were no significant gas imbalances at December 31, 2019 or 2018. Rental income is recognized based on the contractual cash rental payments for the period.
Earnings (loss) per share	Earnings (loss) per share – Basic earnings (loss) per share amounts are calculated by dividing income available to common shareholders, after deducting preferred stock dividends, by the weighted average number of shares of common stock outstanding. Diluted earnings per share amounts are calculated by dividing net income by the weighted average number of shares of common stock and common stock equivalents outstanding. Common stock equivalents represent shares issuable upon the assumed conversion of preferred stock outstanding and the assumed exercise of common stock warrants outstanding.
Fair Value Measurement	Fair Value Measurement – Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The three levels related to fair value measurements are as follows: Level 1 — Observable inputs such as quoted prices in active markets for identical assets or liabilities. Level 2 — Observable inputs other than quoted prices included in Level 1, such as 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 or other inputs that are observable or can be corroborated by observable market data. Level 3 — Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies and similar techniques that use significant unobservable inputs. The estimated fair value of cash, accounts receivable, and accounts payable approximate the carrying amount due to the relatively short maturity of these instruments. The Company's non-financial assets measured at fair value on non-recurring basis include impairment measurements of oil and gas properties and the Company's investment in common stock before it became publicly traded. These are considered Level 3 measurements as they involve significant unobservable inputs. Fair value of the investment in common stock is determined based on a level 1 input for periods after February 2019 after it became publicly traded.
Income Taxes	Income Taxes – 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 and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates. 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. In assessing the realizability of deferred tax assets, management considers whether it is more-likely-than-not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax asset (including the impact of available carryback and carryforward periods), projected future taxable income, and tax-planning strategies in making this assessment. A valuation allowance for deferred tax assets is recorded when it is more likely than not that the benefit from the deferred tax asset will not be realized. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which a change in judgment occurs. The Company had no material uncertain tax positions as of December 31, 2019 and 2018. The Company is subject to the Texas margin tax; however, tax expense was zero for the years ended December 31, 2019 and 2018.
Major Customer and Concentration of Credit Risk	Major Customer and Concentration of Credit Risk We have a limited number of customers. We estimate an allowance for doubtful accounts based on an analysis of specific customers, taking into consideration the age of past due accounts and an assessment of the customer's ability to pay. An allowance for doubtful accounts was not needed as of December 31, 2019 or 2018. During 2019, our rental income was derived from a single lessee. There were no amounts due from this customer at December 31, 2019.
Recent Accounting Pronouncements	Recent Accounting Pronouncements – In August 2016, the FASB issued ASU 2016-15, , to clarify how eight specific cash receipt and cash payment transactions should be presented in the statement of cash flows. We adopted the new standard on January 1, 2018. Adoption of this standard had no material impact on our consolidated statements of cash flows and related disclosures. In February 2016, the FASB issued ASU 2016-02, Leases,

Merger with Home Treasure Fin_2

Merger with Home Treasure Finders (Tables)	12 Months Ended
	Dec. 31, 2019
Merger with Home Treasure Finders [Abstract]
Schedule of estimated fair value of the assets acquired and liabilities assumed	Assets acquired: Cash $ 291 Property and equipment 1,012,500 Liabilities assumed: Accounts payable (78,226 ) Convertible note payable (208,099 ) Mortgage payable (630,691 ) Net assets acquired 95,775 Purchase consideration paid - Common stock 5,051,822 Goodwill $ 4,956,047
Schedule of pro forma consolidated results of operations	Year ended December 31, 2019 2018 Revenue, continuing operations $ 69,381 $ 82,508 Loss from continuing operations $ (7,176,631 ) $ (4,357,748 ) Earnings (loss) per common share: Basic and diluted $ (4.04 ) $ (68.71 )

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Schedule of discontinued operations to assets and liabilities	December 31, 2019 2018 Assets Accounts receivable - Current assets of discontinued operations held for sale $ 20,835 $ 437,125 Oil and Natural Gas Properties held for sale, at cost, using the successful efforts method 5,285,340 15,712,417 Accumulated DD&A (4,089,179 ) (505,667 ) Total oil and gas properties, net of discontinued operations held for sale 1,196,161 15,206,750 Total assets of discontinued operations held for sale $ 1,216,996 $ 15,643,875 Liabilities Accounts payable $ - $ 820,201 Deferred revenue - 1,076,390 Accrued liabilities 92,196 466,254 Asset retirement obligations 52,776 415,061 Revenue payable 70,609 1,459,050 Note payable 1,100,000 - Current liabilities of discontinued operations held for sale 1,315,581 4,236,956 Senior subordinated convertible debenture - 400,000 Asset retirement obligations 119,657 957,270 Net deferred income tax liability - - Long term liabilities of discontinued operations held for sale 119,657 1,357,270 Total liabilities of discontinued operations held for sale $ 1,435,238 $ 5,594,226
Schedule of discontinued operations shown in the consolidated statements of operations	Year ended December 31, 2019 2018 Revenue Oil and gas sales $ 485,655 $ 2,527,038 Overhead fees 31,000 144,000 Total revenue 516,655 2,671,038 Costs and Expenses Lease operating expense 377,486 1,744,009 Exploration expense - 3,446 Depreciation, depletion & amortization 82,300 470,445 Accretion 32,974 177,282 Gain on disposal of oil & gas property interests (1,666,790 ) - Impairment & abandonment 3,730,678 89,411 Mergers & acquisition costs 100,000 977,577 Total costs and expenses 2,656,648 3,462,170 Other income (1,176,390 ) - Interest expense 41,250 - Loss from discontinued operations $ (1,004,853 ) $ (791,132 )

Asset Retirement Obligations (T

Asset Retirement Obligations (Tables)	12 Months Ended
	Dec. 31, 2019
Asset Retirement Obligations [Abstract]
Schedule of changes in asset retirement obligations	Balance at January 1, 2018 $ 1,195,049 Accretion expense 177,282 Balance at December 31, 2018 1,372,331 Disposal of oil & gas property interests (1,232,872 ) Accretion expense 32,974 Balance at December 31, 2019 $ 172,433

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Schedule of reconciliation of statutory federal tax and expense from continuing operations	Year Ended December 31, 2019 2018 Federal statutory rate $ (1,494,404 ) $ (898,842 ) State income taxes, net (229,304 ) - Change in valuation allowance 792,853 896,528 Other, net 930,855 2,314 Total income tax expense $ - $ -
Schedule of deferred tax assets and liabilities	December 31, 2019 2018 Assets: Net operating loss carryforwards $ 1,388,111 $ 2,234,623 Property and equipment 76,340 Liabilities: Other (310,482 ) (287,801 ) Subtotal 1,153,969 1,946,822 Valuation allowance (1,153,969 ) (1,946,822 ) Net deferred tax asset (liability) $ - $ -

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2019
Supplemental Cash Flow Elements [Abstract]
Schedule of supplemental cash flow information	Year ended December 31, 2019 2018 Cash paid for interest $ - $ - Cash paid for taxes - - Noncash investing and financing activities: Initial recognition of right to use asset and lease liabilities 279,111 - Right of use asset amortization 31,537 - Apply deposit against lease liability 10,690 - Recognition of noncontrolling interests in reverse merger 95,743 - Conversion of Series C preferred stock into common stock 850,000 - Acquisition of noncontrolling interests (114,022 ) Conversion of shareholder note to common stock 373,813 - Distribution of promissory note to shareholders 208,099 - Capital expenditures in accounts payable - 561,796 Accrual of preferred stock dividends - 513,888

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Earnings (Loss) per Share	Amounts attributable to Generation Hemp: Numerator Loss from continuing operations $ (7,102,542 ) $ (4,280,202 ) Less: Preferred stock dividends - (513,888 ) Net loss from continuing operations attributable to common stockholders (7,102,542 ) (4,794,090 ) Loss from discontinued operations (806,397 ) (791,132 ) Net loss attributable to common stockholders $ (7,908,939 ) $ (5,585,222 ) Denominator Weighted average shares used to compute basic EPS 1,973,662 82,421 Dilutive effect of preferred stock - - Weighted average shares used to compute diluted EPS 1,973,662 82,421 Earnings (loss) per share: Loss from continuing operations - basic and diluted $ (3.60 ) $ (58.17 ) Loss from discontinued operations - basic and diluted $ (0.41 ) $ (9.60 ) Loss per share - basic and diluted $ (4.01 ) $ (67.76 )

Description of the Business (De

Description of the Business (Details) - shares	12 Months Ended
	Dec. 31, 2019	Nov. 27, 2019
Description of the Business (Textual)
Common stock purchase of approximately		68.00%
Exchange transaction effective acquired additional, percentage		26.00%
Owns approximately Percentage	94.00%
Description of business, description	Cochran County, Texas within the Slaughter-Levelland Field of the San Andres formation in the Northwest Shelf of West Texas and (b) certain areas of the Eagle Ford Shale Trend in Karnes County, Texas. EHR held an 8.0% interest in certain oil and gas and/ or oil, gas and mineral leases, lands interests, and other properties located in Cochran County and a 28.125% interest in certain oil and gas and/or oil, gas and mineral leases, lands interests, and other properties located in Karnes County. EHR’s oil & gas activities are currently held for sale and are presented in these consolidated financial statements as discontinued operations for each of the periods presented.
Converted common stock, shares		12
Series A Preferred Stock [Member]
Description of the Business (Textual)
Issuance of shares	6,328,948

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	12 Months Ended
	Dec. 31, 2019USD ($)
Summary of Significant Accounting Policies (Textual)
Investment interest	20.00%
Unrealized loss	$ 217,041
Useful life	30 years
Noncontrolling interest	6.00%
Right of use assets and lease liabilities	$ 279,111
Income tax, percentage	50.00%

Merger with Home Treasure Fin_3

Merger with Home Treasure Finders (Details)	Nov. 27, 2019USD ($)
Assets acquired:
Cash	$ 291
Property and equipment	1,012,500
Liabilities assumed:
Accounts payable	(78,226)
Convertible note payable	(208,099)
Mortgage payable	(630,691)
Net assets acquired	95,775
Purchase consideration paid - Common stock	5,051,822
Goodwill	$ 4,956,047

Merger with Home Treasure Fin_4

Merger with Home Treasure Finders (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Merger with Home Treasure Finders [Abstract]
Revenue, continuing operations	$ 69,381	$ 82,508
Loss from continuing operations	$ (7,176,631)	$ (4,357,748)
Earnings (loss) per common share:
Basic and diluted	$ (4.04)	$ (68.71)

Merger with Home Treasure Fin_5

Merger with Home Treasure Finders (Details Textual) - USD ($)	1 Months Ended		12 Months Ended
	Dec. 20, 2019	Nov. 27, 2019	Dec. 31, 2019
Merger with Home Treasure Finders (Textual)
Goodwill impairment expense			$ 4,956,047
Revenue of HTF			7,500
HTF losses			$ 4,952,563
Residential real estate sales business	$ 160,000
Mr.Wiegand [Member]
Merger with Home Treasure Finders (Textual)
Redeemed ownership equivalent	432,432
Common stock, per share	$ 0.37
Series A Preferred Stock [Member]
Merger with Home Treasure Finders (Textual)
Purchase of common stock percentage		68.00%
Issuance of shares		6,328,948

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Accounts receivable -
Current assets of discontinued operations held for sale	$ 20,835	$ 437,125
Oil and Natural Gas Properties held for sale, at cost, using the successful efforts method	5,285,340	15,712,417
Accumulated DD&A	(4,089,179)	(505,667)
Total oil and gas properties, net of discontinued operations held for sale	1,196,161	15,206,750
Total assets of discontinued operations held for sale	1,216,996	15,643,875
Liabilities
Accounts payable		820,201
Deferred revenue		1,076,390
Accrued liabilities	92,196	466,254
Asset retirement obligations	52,776	415,061
Revenue payable	70,609	1,459,050
Note payable	1,100,000
Current liabilities of discontinued operations held for sale	1,315,581	4,236,956
Senior subordinated convertible debenture		400,000
Asset retirement obligations	119,657	957,270
Net deferred income tax liability
Long term liabilities of discontinued operations held for sale	119,657	1,357,270
Total liabilities of discontinued operations held for sale	$ 1,435,238	$ 5,594,226

Discontinued Operations (Deta_2

Discontinued Operations (Details 1) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenue
Oil and gas sales	$ 485,655	$ 2,527,038
Overhead fees	31,000	144,000
Total revenue	516,655	2,671,038
Costs and Expenses
Lease operating expense	377,486	1,744,009
Exploration expense		3,446
Depreciation, depletion & amortization	82,300	470,445
Accretion	32,974	177,282
Gain on disposal of oil & gas property interests	(1,666,790)
Impairment & abandonment	3,730,678	89,411
Mergers & acquisition costs	100,000	977,577
Total costs and expenses	6,729,379	4,062,525
Other income	(1,176,390)
Interest expense	41,250
Loss from discontinued operations	$ (1,004,853)	$ (791,132)

Discontinued Operations (Deta_3

Discontinued Operations (Details Textual)	Mar. 01, 2019USD ($)shares	Nov. 05, 2018USD ($)a	Mar. 27, 2018USD ($)a	Dec. 31, 2019USD ($)	Jun. 30, 2020USD ($)
Accounting Policies [Abstract]
Additional gross acres | a		4,287	8,817
Payment received			$ 881,697
Agreement to acquire payment		$ 100,000
oil & gas assets acquired percentage	52.00%
Working interest percentage	8.00%
Exchange for the return and cancellation | shares	412,500
Debentures totaling	$ 400,000
Promissory note	$ 1,100,000
Interest rate		5.00%
Promissory note, due date	Mar. 1, 2020
Recognized a gain on disposal	$ 1,666,790
Promissory note and accrued interest					$ 1,100,000
Determined to have a fair value				$ 1,200,000
Loss from discontinued operations				$ 3,730,678

Note Payable _ Related Party (D

Note Payable — Related Party (Details) - USD ($)	Oct. 10, 2018	Oct. 31, 2019	Jun. 30, 2017	May 31, 2017	Apr. 30, 2017	Mar. 31, 2017	Dec. 31, 2019	Dec. 31, 2018
Note Payable — Related Party (Textual)
Interest rate		4.00%					12.00%
Maturity date		Nov. 1, 2021					Apr. 30, 2020
Monthly draws			$ 1,000,000	$ 1,000,000	$ 1,000,000
Convertible interest rate							75.00%
Working interest							50.00%
Interest rate per share		$ 0.352
Outstanding balance amount							$ 208,874
Minimum [Member]
Note Payable — Related Party (Textual)
Derivative interest rate							10.00%
Maximum [Member]
Note Payable — Related Party (Textual)
Derivative interest rate							12.00%
10% Senior Secured Promissory Note [Member]
Note Payable — Related Party (Textual)
Note Payable debt						$ 3,000,000
Maturity date						Sep. 1, 2017
Senior Secured Promissory Note [Member]
Note Payable — Related Party (Textual)
Accrued interest and fees							$ 247,500	$ 97,500
Senior Subordinated Debentures [Member]
Note Payable — Related Party (Textual)
Subordinated debentures	$ 400,000
Note payable, description	The term of the debentures was 36 months with 10% interest per annum payable quarterly.

Mortgage Payable and Operatin_2

Mortgage Payable and Operating Lease (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2021	Dec. 31, 2020
Mortgage Payable and Operating Lease (Textual)
Mortgage payable, description	The note provides for a 25 year amortization period and an initial interest rate of 9% annually. As amended, the note matured on July 15, 2020 but was extended under terms of the amendment to January 15, 2021 after payment by the Company of a extension fee of 1% of the then outstanding principal. The rate during this first extension period is 10% annually and the monthly payment is $5,590.11. The maturity date may be subsequently extended at the Company's option to July 15, 2021 after payment again of a extension fee of 1% of the then outstanding principal. The interest rate will increase to 11% annually if this extension is made.
Mortgage payable	$ 626,086
Mortgage maturity date	Jan. 15, 2021
Operating leases expiration date	Jun. 30, 2021
Monthly rent	$ 7,500
Forecast [Member]
Mortgage Payable and Operating Lease (Textual)
Minimum future rents		$ 45,000	$ 90,000

Other Related Party Transacti_2

Other Related Party Transactions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Chief Executive Officer [Member]
Convertible note advance	$ 370,770
Convertible note interest rate percentage	10.00%
Conversion of common stock shares	1,061,970
Pilatus Hunter LLC [Member]
Advance payment		$ 137,151
Accounts receivable related parties		54,305
Accounts receivable from employees		$ 5,377

Asset Retirement Obligations (D

Asset Retirement Obligations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Asset Retirement Obligations [Abstract]
Balance, opening	$ 1,372,331	$ 1,195,049
Disposal of oil & gas property interests	(1,232,872)
Accretion expense	32,974	177,282
Balance, ending	$ 172,433	$ 1,372,331

Asset Retirement Obligations _2

Asset Retirement Obligations (Details Textual)	12 Months Ended
	Dec. 31, 2019
Asset Retirement Obligations (Textual)
Adjusted for inflation rate	2.00%
Adjusted risk-free rate	10.00%

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	1 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2019	Dec. 31, 2018
Commitments and Contingencies (Textual)
Impairment expense	$ 247,574
Accrued unpaid rent		$ 244,202
Lease obligation discount rate		10.00%
Rent expense		$ 64,323	$ 214,411
Grand Traverse [Member]
Commitments and Contingencies (Textual)
Lease term			61 months
Office [Member]
Commitments and Contingencies (Textual)
Lease		$ 10,802
Lease expiration date		May 31, 2021
Interest and attorney fees		$ 823,504

Income Taxes (Details)

Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Federal statutory rate	$ (1,494,404)	$ (898,842)
State income taxes, net	(229,304)
Change in valuation allowance	792,853	896,528
Other, net	930,855	2,314
Total income tax expense

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets:
Net operating loss carryforwards	$ 1,388,111	$ 2,234,623
Property and equipment	76,340
Liabilities:
Other	(310,482)	(287,801)
Subtotal	1,153,969	1,946,822
Valuation allowance	(1,153,969)	(1,946,822)
Net deferred tax asset (liability)

Income Taxes (Details Textual)

Income Taxes (Details Textual)	12 Months Ended
	Dec. 31, 2019USD ($)
Income Taxes (Textual)
Federal net operating loss carryforward	$ 6,600,000
Federal net operating loss carryforward expiration amount	$ 106,000
Income tax, description	The Company estimates that approximately $4.4 million of its NOL carry-forwards are subject to annual limitations under Internal Revenue Code Section 382 as a result of ownership changes at various times including in the Transaction. The Company estimates that approximately $125,000 of these NOL carry-forwards may be utilized annually because of the impact of the Section 382 limitations.

Equity (Details)

Equity (Details)	Dec. 02, 2017shares	Nov. 27, 2019$ / sharesshares	May 04, 2018USD ($)shares	Dec. 31, 2019USD ($)Investorsshares	Oct. 01, 2020$ / sharesshares	Sep. 30, 2019shares	Dec. 31, 2018shares
Equity (Textual)
Common stock, shares				17,130,317			418,342
Noncontrolling interests		26.00%
Warrant exercise price | $ / shares		$ 0.352
Warrant expires		Nov. 27, 2021
Forecast [Member]
Equity (Textual)
Common stock, shares					25,000
Warrant per share | $ / shares					$ 0.0001
Weighted average price exceed | $ / shares					$ 1
Series A Redeemable Preferred Stock [Member]
Equity (Textual)
Preferred stock							412,500
Preferred stock, share outstanding							412,500
Series A Preferred Stock [Member]
Equity (Textual)
Preferred stock				6,328,948			6,328,948
Preferred stock, share outstanding				6,328,948			6,328,948
Energy Hunter Resources [Member]
Equity (Textual)
Common stock, shares		2,414,773	350,000
Noncash costs transaction | $			$ 1,458,450
Warrant to purchase shares		14,488,638
Energy Hunter Resources [Member] | Series A Redeemable Preferred Stock [Member]
Equity (Textual)
Preferred stock	500,000
Perpetual Redeemable Convertible Preferred Stock, percentage	6.00%
Equity description	Of the 500,000 EHR Series A Preferred Shares, (i) 412,500 shares were issued to LEP in the San Andres Acquisition #1 and (ii) 87,500 shares were reserved for the payment of dividends in kind. All of the EHR Series A Preferred Shares had a stated value of $20.00 per share.
Energy Hunter Resources [Member] | Series A Preferred Stock [Member]
Equity (Textual)
Preferred stock, share outstanding							412,500
Common stock stated value percentage				125.00%
Annual dividend rate				6.00%
Energy Hunter Resources [Member] | Series C Preferred Stock [Member]
Equity (Textual)
Preferred stock						34,000
Additional preferred stock shares						850,000
Preferred Stock converted into common stock						2,414,773
Private Placement [Member]
Equity (Textual)
Sale of shares				165,611
Aggregate cash proceeds | $				$ 125,000
Number of investors | Investors				3

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]
Cash paid for interest
Cash paid for taxes
Noncash investing and financing activities:
Initial recognition of right to use asset and lease liabilities	279,111
Right of use asset amortization	31,537
Apply deposit against lease liability	10,690
Recognition of noncontrolling interests in reverse merger	95,743
Conversion of Series C preferred stock into common stock	850,000
Acquisition of noncontrolling interests	(114,022)
Conversion of shareholder note to common stock	373,813
Distribution of promissory note to shareholders	208,099
Capital expenditures in accounts payable		561,796
Accrual of preferred stock dividends		$ 513,888

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Numerator
Loss from continuing operations	$ (7,102,542)	$ (4,280,202)
Less: Preferred stock dividends		(513,888)
Net loss from continuing operations attributable to common stockholders	(7,102,542)	(4,794,090)
Loss from discontinued operations	(806,397)	(791,132)
Net loss attributable to common stockholders	$ (7,908,939)	$ (5,585,222)
Denominator
Weighted average shares used to compute basic EPS	1,973,662	82,421
Dilutive effect of preferred stock
Weighted average shares used to compute diluted EPS	1,973,662	82,421
Earnings (loss) per share:
Loss from continuing operations - basic and diluted	$ (3.60)	$ (58.17)
Loss from discontinued operations - basic and diluted	(0.41)	(9.60)
Loss per share - basic and diluted	$ (4.01)	$ (67.76)

Earnings (Loss) Per Share (De_2

Earnings (Loss) Per Share (Details Textual)	12 Months Ended
	Dec. 31, 2019shares
Earnings Loss Per Share
Warrants, shares	14,488,638

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Mar. 07, 2020	Jun. 30, 2020	Apr. 29, 2020	Feb. 29, 2020	Nov. 27, 2019	Dec. 31, 2019
Subsequent Events (Textual)
Warrant expires date					Nov. 27, 2021
Description of subsequent events						The amount of forgiveness may be reduced if the percentage of eligible expenses attributed to nonpayroll expenses exceeds 25% of the loan, if employee headcount decreases, or compensation decreases by more than 25% for each employee making less than $100,000 per year, unless the reduced headcount or compensation levels are restored by June 30, 2020.
Forecast [Member]
Subsequent Events (Textual)
Description of subsequent events	We entered into Definitive Agreements with Halcyon Thruput, LLC ("Halcyon") to acquire 100% of their assets for total consideration of $5.1 million. The consideration includes $2.5 million of restricted common stock (valued at $0.50 per share) of Generation Hemp, Inc., restricted from trading for one year, and $2.6 million in cash. Halcyon is a leading emerging company active in the hemp sector that provides postharvest and midstream services to growers by drying and processing harvested hemp directly from the field and wetbaled at their 48,000 square foot facility located in Hopkinsville, Kentucky. The transaction is expected to close in the fourth quarter of 2020.	Our CEO made additional advances through 2020 under a subordinated promissory note due September 30, 2021. The total outstanding balance at November 30, 2020 was $440,000.
Loan amount			$ 25,200
Subsequent Event [Member]
Subsequent Events (Textual)
Sales of common stock				250,000
Common stock value				$ 100,000
Warrant purchase per share				$ 0.40
Warrant expires date				Mar. 31, 2022
Exercise price				$ 0.40