Galenfeha (NGHI) 10-Q 14 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 14, 2018
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Trading Symbol	glfh
Entity Registrant Name	Galenfeha, Inc.
Entity Central Index Key	1,574,676
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		72,300,000
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well Known Seasoned Issuer	No
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Predecessor [Member]
CURRENT ASSETS
Cash and cash equivalents		$ 348
Accounts receivable		537,337
Due from related parties		12,000
Inventory asset		30,000
Marketable securities		0
Total current assets		579,685
Property and equipment, net of accumulated depreciation		887,340
Goodwill		0
TOTAL ASSETS		1,467,025
CURRENT LIABILITIES
Accounts payable and accrued liabilities		237,613
Lines of credit payable		173,561
Note payable		482,983
Convertible notes payable		0
Short-term non-secured debt		404,509
Due to officer and related parties		36,867
Total current liabilities		1,335,533
Long term notes payable		471,924
Total liabilities		1,807,457
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred B shares: Authorized: 30,000,000 shares, $0.001 Par value, 27,347,563 issued and outstanding		0
Common stock Authorized: 150,000,000 common shares, $0.001 par value, 72,300,000 issued and outstanding		0
Additional paid-in capital		0
Member contributions (draws)		(70,040)
Accumulated deficit		(270,392)
Total stockholders' equity (deficit)		(340,432)
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)		$ 1,467,025
Successor [Member]
CURRENT ASSETS
Cash and cash equivalents	$ 17,799
Accounts receivable	1,333,683
Due from related parties	19,000
Inventory asset	172,517
Marketable securities	134,615
Total current assets	1,677,614
Property and equipment, net of accumulated depreciation	841,571
Goodwill	212,279
TOTAL ASSETS	2,731,464
CURRENT LIABILITIES
Accounts payable and accrued liabilities	438,752
Lines of credit payable	619,841
Note payable	375,759
Convertible notes payable	180,995
Short-term non-secured debt	334,467
Due to officer and related parties	208,367
Total current liabilities	2,158,181
Long term notes payable	338,953
Total liabilities	2,497,134
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred B shares: Authorized: 30,000,000 shares, $0.001 Par value, 27,347,563 issued and outstanding	0
Common stock Authorized: 150,000,000 common shares, $0.001 par value, 72,300,000 issued and outstanding	72,300
Additional paid-in capital	3,709,081
Member contributions (draws)	0
Accumulated deficit	(3,581,699)
Total stockholders' equity (deficit)	234,330
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	2,731,464
Class A Preferred Stock [Member] | Successor [Member]
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred B shares: Authorized: 30,000,000 shares, $0.001 Par value, 27,347,563 issued and outstanding	7,300
Class B Preferred Stock [Member] | Successor [Member]
STOCKHOLDERS' EQUITY (DEFICIT)
Preferred B shares: Authorized: 30,000,000 shares, $0.001 Par value, 27,347,563 issued and outstanding	$ 27,348

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical)	Sep. 30, 2018$ / sharesshares
Preferred Stock, Par Value Per Share | $ / shares	$ 0.001
Common Stock, Shares Authorized	150,000,000
Common Stock, Par Value Per Share | $ / shares	$ 0.001
Common Stock, Shares, Issued	72,300,000
Common Stock, Shares, Outstanding	72,300,000
Class A Preferred Stock [Member]
Preferred Stock, Shares Authorized	20,000,000
Preferred Stock, Par Value Per Share | $ / shares	$ 0.001
Preferred Stock, Shares Issued	7,300,000
Preferred Stock, Shares Outstanding	7,300,000
Class B Preferred Stock [Member]
Preferred Stock, Shares Authorized	30,000,000
Preferred Stock, Par Value Per Share | $ / shares	$ 0.001
Preferred Stock, Shares Issued	27,347,563
Preferred Stock, Shares Outstanding	27,347,563

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Jan. 28, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Predecessor [Member]
Revenues	$ 412,416		$ 582,560		$ 1,260,277
Less: Cost of Sales	45,626		148,698		261,259
Operating Expenses:
General and administrative	146,273		162,417		514,020
Payroll expenses	66,910		263,436		411,169
Professional fees	375		42,365		111,433
Depreciation and amortization expense	20,355		92,383		241,286
Total operating expenses	233,913		560,601		1,277,908
Income (Loss) from operations	132,877		(126,739)		(278,890)
Other (expense) income:
Miscellaneous income	0		0		32,511
Rental income- related party	3,000		0		0
Realized gain (loss) on sale of investments	0		0		0
Unrealized gain (loss) on trading securities	0		0		0
Interest expense	(7,725)		(11,369)		(20,468)
Loss on derivative instruments	0		0		0
Total other (expense)	(4,725)		(11,369)		12,043
Net income (loss)	$ 128,152		$ (138,108)		$ (266,847)
Successor [Member]
Revenues		$ 1,109,667		$ 2,439,608
Less: Cost of Sales		202,169		725,670
Operating Expenses:
General and administrative		171,103		438,313
Payroll expenses		306,359		735,699
Professional fees		53,560		132,850
Depreciation and amortization expense		26,710		93,876
Total operating expenses		557,732		1,400,738
Income (Loss) from operations		349,766		313,200
Other (expense) income:
Miscellaneous income		17,564		32,600
Rental income- related party		9,000		24,000
Realized gain (loss) on sale of investments		(15,648)		(13,321)
Unrealized gain (loss) on trading securities		(13,915)		(14,945)
Interest expense		(2,535)		(103,130)
Loss on derivative instruments		0		(105,284)
Total other (expense)		(5,534)		(180,080)
Net income (loss)		$ 344,232		$ 133,120
Net loss per share, basis and diluted		$ 0		$ 0
Weighted average number of common shares outstanding, basic and diluted		72,300,000		72,005,448

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	1 Months Ended	8 Months Ended	9 Months Ended
	Jan. 28, 2018	Sep. 30, 2018	Sep. 30, 2017
Predecessor [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss )	$ 128,152		$ (266,847)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	20,355		241,286
Loss on derivative instruments	0		0
Amortization of debt discounts on convertible notes	0		0
Realized gains on investments	0		0
Unrealized losses on investments	0		0
Changes in operating assets and liabilities:
Accounts receivable	(284,592)		(416,784)
Accounts receivable from related party	17,000		0
Inventory	0		0
Accounts payable	78,565		232,465
Net cash (used in) operating activities	(40,520)		(209,880)
CASH FLOWS FROM INVESTING ACTIVITIES
Repurchase and cancellation of shares	0		0
Net purchases of marketable securities	0		0
Purchase of property and equipment	0		(215,397)
Cash assumed in acquisition of subsidiary	0		0
Net cash (used in) investing activities	0		(215,397)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from lines of credit	627,147		373,928
Payments on lines of credit	(378,897)		(237,340)
Proceeds from other loans payable	0		315,000
Payments on non-securied debt	0		0
Proceeds from notes payable	0		110,552
Payments on notes payable	(32,814)		(158,412)
Proceeds on liabilities due to officer and related parties	35,000		54,693
Payments on liabilities due to officer and related parties	(38,561)		(29,158)
Proceeds on convertible notes payable	0		0
Principal payments on convertible debenture contracts	0		0
Payments on margin loan	0		0
Member draws	0		(77,540)
Net cash provided by financing activities	211,875		351,723
INCREASE (DECREASE) IN CASH	171,355		(73,554)
Cash at beginning of period	348	$ 171,703	88,321
Cash at end of period	171,703		14,767
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest	7,725		20,468
Income Taxes	0		0
Non-Cash Transactions
Common stock issued for debt conversion	0		0
Derivative liability extinguished on conversion	0		0
Fixed assets purchased through accounts payable	51,853		0
Fixed assets purchased through notes payable	0		$ 908,887
Successor [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss )		133,120
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization		93,876
Loss on derivative instruments		105,284
Amortization of debt discounts on convertible notes		31,920
Realized gains on investments		13,321
Unrealized losses on investments		14,945
Changes in operating assets and liabilities:
Accounts receivable		(516,754)
Accounts receivable from related party		(19,000)
Inventory		(142,517)
Accounts payable		33,053
Net cash (used in) operating activities		(252,752)
CASH FLOWS FROM INVESTING ACTIVITIES
Repurchase and cancellation of shares		(913)
Net purchases of marketable securities		(96,164)
Purchase of property and equipment		(16,610)
Cash assumed in acquisition of subsidiary		171,703
Net cash (used in) investing activities		58,016
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from lines of credit		198,030
Payments on lines of credit		0
Proceeds from other loans payable		300,000
Payments on non-securied debt		(331,481)
Proceeds from notes payable		0
Payments on notes payable		(207,381)
Proceeds on liabilities due to officer and related parties		295,000
Payments on liabilities due to officer and related parties		(203,500)
Proceeds on convertible notes payable		180,000
Principal payments on convertible debenture contracts		(21,840)
Payments on margin loan		(18,455)
Member draws		0
Net cash provided by financing activities		190,373
INCREASE (DECREASE) IN CASH		(4,363)
Cash at beginning of period		22,162
Cash at end of period	$ 22,162	17,799
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest		95,405
Income Taxes		0
Non-Cash Transactions
Common stock issued for debt conversion		12,420
Derivative liability extinguished on conversion		55,938
Fixed assets purchased through accounts payable		0
Fixed assets purchased through notes payable		$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2018
BASIS OF PRESENTATION [Text Block]	NOTE 1 - BASIS OF PRESENTATION The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2018, and for all periods presented herein, have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted. It is suggested that these unaudited interim financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2017 audited financial statements included in its Form 10-K filed with the Securities and Exchange Commission. The results of operations for the period ended September 30, 2018 and the same period last year are not necessarily indicative of the operating results for the full years. On January 29, 2018, the Company acquired substantially all of the operating assets of Fleaux Solutions, LLC, a Louisiana Limited Liability Company (the "Acquisition") a Company with common officers and directors. There was no common majority ownership between the Company and Fleaux Solutions, LLC. Fleaux Solutions, LLC is engaged in the business of water, utility, and sewage construction. Upon the closing of the Acquisition, the Company received substantially all of the operating assets of Fleaux Solutions, LLC, consisting of cash on hand, inventory, accounts receivable, and fixed assets. There are common directors/officers of Fleaux Solutions, LLC with Galenfeha, Inc. and no common majority control. The purchase price of the operating assets of Fleaux Solutions, LLC was a cash payment of $1.00. In addition, the Company assumed $2,149,749 of scheduled liabilities. The Company accounted for its acquisition of the operating assets of Fleaux Solutions, LLC using the acquisition method of accounting. Fleaux Solutions cash on hand, inventories, accounts receivable, and fixed assets acquired and liabilities assumed were recorded based upon their estimated fair values as of the closing date of the Acquisition. The excess of purchase price over the value of the net assets acquired was recorded as goodwill. (See Note 4) The basis of presentation is not consistent between the successor and predecessor entities and the financial statements are not presented on a comparable basis. As a result, the accompanying consolidated statements of operations, cash flows and comprehensive income (loss) are presented for two different reporting entities: Successor — relates to the combined entities financial periods and balance sheets succeeding the Acquisition; and Predecessor — relates to the financial of Fleaux Solutions, LLC periods preceding the Acquisition (prior to January 29, 2018). Unless otherwise indicated, the “Company” as used throughout the remainder of the notes, refers to both the Successor and Predecessor.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2018
GOING CONCERN [Text Block]	NOTE 2 - GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has negative working capital, negative cash flows from operations and has an accumulated deficit. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon the Company’s ability to achieve a level of profitability. The Company intends on financing its future development activities and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements. The financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2018
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Text Block]	NOTE 3 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Financial Statements have been prepared using the accrual basis of accounting in accordance with Generally Accepted Accounting Principles (“GAAP”) of the United States (See Note 2 regarding the assumption that the Company is a “going concern”). Certain prior period amounts have been reclassified to conform to current period presentation. The accompanying financial statements have been presented on a comparative basis. For periods after the acquisition of Fleaux Solutions, LLC (see Note 4), the Company is referred to as the Successor and its results of operations combines the operations of Fleaux Solutions, LLC and those of Galenfeha, Inc. For periods prior to the acquisition of Fleaux Solutions, the Company is referred to as the Predecessor and its results of operations include only the Fleaux Solutions, LLC operations. A black line separates the Predecessor and Successor financial statements to highlight the lack of comparability between these two periods. PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Fleaux Solutions, LLC. All significant inter-company accounts and transactions have been eliminated. USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions also affect the reported amounts of revenues, costs, and expenses during the reporting period. Management evaluates these estimates and assumptions on a regular basis. Actual results could differ from those estimates. REVENUE RECOGNITION Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services, pursuant to the guidance provided by Accounting Standards Codification (“ASC”) Topic 606. Services revenues are generated from sub-contractor services provided to contractors for infrastructure water-line repair. The Company recognizes revenue for these services at a point in time as the customer receives and consumes the benefits of the service as they are being performed and the Company has a right to payment for performance completed to date. The Company recognizes revenue upon invoicing and completion of service for the contractor and recognizes expenses as incurred. Successor: For the period from January 29, 2018 through September 30, 2018; $1,900,271 or 78% of our total revenue came from one customer and $479,691 or 20% came from one other customer. Predecessor: For the period from January 1, 2018 through January 29, 2018; $256,334 or 62% of our total revenue came from one customer and $136,937 or 33% came from one other customer. Predecessor- For the nine months ending September 30, 2017; $468,840 or 37% of our total revenue came from one customer, $347,622 or 28% came from one other customer and $325,895 or 26% came from one other customer. The following table presents our revenues disaggregated by revenue source. Three Month Periods Nine Month Periods Three Months Ended Three Months Ended January 29, 2018- January 1, 2018- Nine Months Ended September 30, 2018 September 30, 2017 September 30, 2018 January 28,2018 September 30, 2017 (Successor) (Predecessor) (Successor) (Predecessor) (Predecessor) Pre and Post CCTV 293,512 26,875 578,297 26,816 98,026 Point Repairs 9,223 88,436 51,074 - 88,436 Manhole Rehabilitation 123,542 122,316 327,265 256,300 251,938 Service Lateral Reconnect 97,250 133,665 355,939 31,700 542,584 Cosmic Service Lateral Lining 586,140 211,268 1,127,033 97,600 279,293 Pre and Post CCTV consists of cleaning wastewater lines. Point Repairs consists of an excavator used to find a marked deviated in existing wastewater pipe and repairs and then made to the line. Manhole Rehabilitation consists of lining the manhole interiors, internal sealing of the joint area, and reconstructing manhole benches and channels. Service Lateral Reconnect consists of an excavator used to dig where a service needs reconnecting to the main pipe and the repairs are then made to that line. Cosmic Service Lateral Lining uses our exclusive material to robotically insert into an existing service line where UV light then cures the material creating a bonded connection between the mainline and the service line. CASH AND CASH EQUIVALENTS All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents. Cash at September 30, 2018 (Successor) and December 31, 2017 (Predecessor) was $17,799 and $348, respectively. ACCOUNTS RECEIVABLE Accounts receivable represents the uncollected portion of amounts recorded as revenues. Management performs periodic analyses to evaluate all outstanding accounts receivable to estimate an allowance for doubtful accounts that may not be collectible, based on the best facts available to management. Management considers historical collection patterns, accounts receivable aging trends and specific identification of disputed invoices in its analyses. After all reasonable attempts to collect a receivable have failed, the receivable is directly written off. As of September 30, 2018 (Successor) and December 31, 2017 (Predecessor), the balance of the allowance for doubtful accounts was $0. As of December 31, 2017; $119,201 or 22% of our Accounts Receivable was from one customer and another $359,474 or 67% was from another single customer. As of September 30, 2018; $924,081 or 69% of our total accounts receivable was from one customer and another $370,532 or 28% was from another single customer. GOODWILL Goodwill represents the excess of the purchase price of acquired businesses over the estimated fair value of the identifiable net assets acquired. In accordance with ASC 350, Goodwill and Other Intangible Assets The first step involves comparing the fair value of a company's reporting units to their carrying amount. If the fair value of the reporting unit is determined to be greater than its carrying amount, there is no impairment. If the reporting unit's carrying amount is determined to be greater than the fair value, the second step must be completed to measure the amount of impairment, if any. The second step involves calculating the implied fair value of goodwill by deducting the fair value of all tangible and intangible assets, excluding goodwill, of the reporting unit from the fair value of the reporting unit as determined in step one. The implied fair value of the goodwill in this step is compared to the carrying value of goodwill. If the implied fair value of the goodwill is less than the carrying value of the goodwill, an impairment loss equivalent to the difference is recorded. The Company performed a qualitative assessment and determined there was no impairment of goodwill recognized during 2018. The Company recognizes an acquired intangible asset apart from goodwill whenever the intangible asset arises from contractual or other legal rights, or when it can be separated or divided from the acquired entity and sold, transferred, licensed, rented or exchanged, either individually or in combination with a related contract, asset or liability. Such intangibles are amortized over their useful lives. Impairment losses are recognized is the carrying amount of an intangible asset subject to amortization is not recoverable from expected future cash flows and its carrying amount exceeds its fair value. LONG-LIVED ASSETS The Company's long-lived assets consisted of property and equipment and customer relationships and are reviewed for impairment in accordance with the guidance of the FASB Topic ASC 360, Property, Plant, and Equipment. The Company tests for impairment losses on long-lived assets used in operations whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Through September 30, 2018, the Company had not experienced impairment losses on its long-lived assets as management determined that there were no indicators that a carrying amount of the asset may not be recoverable. COST OF SALES Cost of services mainly consisted of raw material costs, direct labor and certain overhead allocated costs. Costs are recognized when the related revenue is recorded. ADVERTISING EXPENSES Advertising, promotional and selling expenses consisted of sales salaries, tap handles, media advertising costs, sales and marketing expenses, and promotional activity expenses and are recognized when incurred in the accompanying statement of operations. GENERAL AND ADMINISTRATIVE EXPENSES General and administrative expenses consisted of office supplies, rent and utility expenses, meals, travel and entertainment expenses, and other general and administrative overhead costs. Expenses are recognized when incurred. FAIR VALUE ACCOUNTING As required by the Fair Value Measurements and Disclosures Topic of the FASB ASC 820, fair value is measured based on a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The three levels of the fair value hierarchy are described below: Level 1 Level 2 Level 3 The Company utilized level 3 inputs to estimate the fair value of its derivative instruments using the Black-Scholes Option Pricing Model. There were no outstanding assets or liabilities measured on a recurring basis at September 30, 2018 (Successor).

ACQUISITION OF FLEAUX SOLUTIONS

ACQUISITION OF FLEAUX SOLUTIONS, LLC- RELATED PARTY	9 Months Ended
	Sep. 30, 2018
ACQUISITION OF FLEAUX SOLUTIONS, LLC- RELATED PARTY [Text Block]	NOTE 4 – ACQUISITION OF FLEAUX SOLUTIONS, LLC- RELATED PARTY On January 29, 2018, the Company acquired substantially all of the operating assets of Fleaux Solutions, LLC, a Louisiana Limited Liability Company (the "Acquisition"), a Company with common officers and directors. There was no common majority ownership between the Company and Fleaux Solutions, LLC. Fleaux Solutions, LLC is engaged in the business of water, utility, and sewage construction. Upon the closing of the Acquisition, the Company received substantially all of the operating assets of Fleaux Solutions, LLC, consisting of cash on hand, inventory, accounts receivable, and fixed assets. There are common directors/officers with Galenfeha, Inc. and no common “majority” control. The purchase price of the operating assets of Fleaux Solutions, LLC was a cash payment of $1.00. In addition, the Company assumed $2,149,749 of scheduled liabilities. The Company accounted for its acquisition of the operating assets of Fleaux Solutions, LLC using the acquisition method of accounting. Fleaux Solutions cash on hand, inventories, accountants receivable, and fixed assets acquired and liabilities assumed were recorded based upon their estimated fair values as of the closing date of the Acquisition. The excess of purchase price over the value of the net assets acquired was recorded as goodwill. The following table summarizes the estimated fair values of the tangible and intangible assets acquired as of the date of acquisition: Net Assets Acquired January 29, 2018 Cash on hand $ 171,703 Inventories 30,000 Accounts receivable 816,929 Property and equipment 918,838 Assumption of scheduled liabilities (2,149,749 ) Goodwill $ (212,279 ) Goodwill is the excess of the purchase price over the fair value of the underlying net tangible and identifiable intangible assets. In accordance with applicable accounting standards, goodwill is not amortized but instead is tested for impairment at least annually or more frequently if certain indicators are present. The Company performed a qualitative assessment and determined there was no impairment of goodwill.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2018
PROPERTY AND EQUIPMENT [Text Block]	NOTE 5 – PROPERTY AND EQUIPMENT Property and equipment are stated at cost, less accumulated depreciation. Depreciation is recorded using the straight-line method over the estimated useful lives of the related assets, ranging from one to forty years. A summary is as follows: September 30, December 31, 2017 2018 (Predecessor) (Successor) Manufacturing assets $ 354,278 $ 285,815 Vehicles and trailers 271,686 271,686 Computer software 3,885 3,885 Capitalized leased equipment 598,119 598,119 1,227,968 1,159,505 Less accumulated depreciation (386,397 ) (272,165 ) Property and equipment, net $ 841,571 $ 887,340 Depreciation expense related to property and equipment was $93,876, $20,355 and $241,286 for the period January 29, 2018 through September 30, 2018 (Successor), January 1, 2018 through January 28, 2018 (Predecessor), and the nine months ended September30, 2017 (Predecessor), respectively.

INVESTMENTS

INVESTMENTS	9 Months Ended
	Sep. 30, 2018
INVESTMENTS [Text Block]	NOTE 6 – INVESTMENT Marketable securities are accounted for on a specific identification basis. As of September 30, 2018, the Company held $134,615 of available for sale securities. Marketable securities were classified as current based on the percentage of the equity controlled by the Company as well as our intended use of the assets. The Company recognized unrealized losses of $14,945 for the period from January 29, 2018 through September 30, 2018 (Successor). The Company recognized realized loss of $13,321 for the period from January 29, 2018 through September 30, 2018 (Successor). Margin loans- (Predecessor) During the twelve months ended December 31, 2017, the Company raised a total of $49,805 from margin loan associate with its brokerage account and repaid $49,805 during the same period. As of December 31, 2017, the company has a $0 balance in this margin loan account. Margin loans- (Successor) From January 29, 2018 through September 30, 2018, the Company raised a total of $18,455 from margin loan associate with its brokerage account and repaid $18,455 during the same period. As of September 30, 2018, the company has a $0 balance in this margin loan account.

NOTES PAYABLE AND CAPITAL LEASE

NOTES PAYABLE AND CAPITAL LEASES	9 Months Ended
	Sep. 30, 2018
NOTES PAYABLE AND CAPITAL LEASES [Text Block]	NOTE 7 – NOTES PAYABLE AND CAPITAL LEASES The Company secured a line of credit with Gibsland Bank & Trust on March 22, 2017. The line of credit was secured with fixed assets financed. This line of credit was paid in full as of January 29, 2018. The Company secured a line of credit (LOC #0221) of $500,000 on January 29, 2018 which is payable on demand. The line of credit is secured by all present and future inventory, all present and future accounts receivable, other receivables, contract rights, instruments, documents, notes, and all other similar obligation and indebtedness that may now and in the future be owed to the Company, and all general intangibles. The loan is also secured by a personal guarantee executed by the members of Fleaux Solutions, LLC including Michael Trey Moore, Christopher Ryan Marlowe, Ray S. Moore, Jr., and Frank Neal Richard. The Company withdrew $168,521 in funds from the line of credit on January 29, 2018 and paid loan origination and documentation of fees of $2,540 to bring the total outstanding line of credit balance to $171,061 on January 29, 2018. On January 31, 2018, the Company withdrew an additional $250,000 in funds from the line of credit and made payments of $100,000 on the line of credit bringing the balance due under the line of credit to $321,061. On March 22, 2018, May 4, 2018 and September 25, 2018, the Company withdrew an additional $60,000, $50,000 and $40,000, respectively, in funds from the line of credit bringing the balance due under the line of credit to $471,061 as of September 30, 2018 (Successor). The Company secured a second line of credit (LOC #0248) of $150,000 on January 29, 2018 which is payable and due on February 1, 2019. The line of credit is secured by all present and future inventory, all present and future accounts receivable, other receivables, contract rights, instruments, documents, notes, and all other similar obligation and indebtedness that may now and in the future be owed to the Company, and all general intangibles. The interest rate under this loan is the “Prime Rate” designated in the “Money Rates” section of the Wall Street Journal (the “Index”). The index currently is 4.500% per annum. Interest on the unpaid principal balance of this line will be calculated using a rate of 1.000 percentage points over the Index, resulting in an initial rate of 5.500% per annum. The Company withdrew $100,000 in funds from the line of credit on January 29, 2018 and paid loan origination and documentation of fees of $750 to bring the total outstanding line of credit balance to $100,750 on January 29, 2018. The Company withdrew an additional $33,031 and $15,000 from the line of credit on February 22, 2018 and March 2, 2018, respectively, bringing the total balance due under the line of credit to $148,781 as of September 30, 2018 (Successor). Additionally, both lines of credit are secured by deposit accounts held at the Grantor’s institution which had cash balances of $780 and $0 as of September 30, 2018 (Successor) and December 31, 2017 (Predecessor), respectively. During the nine months ended September 30, 2018 a shareholder advanced the Company $300,000 on an unsecured, interest free basis which is due on demand. The Company repaid $50,000 on these advances during the nine months ended September 30, 2018 bringing the balance to $250,000. Notes Payable (Predecessor) The Company assumed the debt of a loan payable executed between Fleaux Solutions, LLC and Gerald W. Norder on May 2, 2017. The proceeds received under the loan totaled $197,500. The loan is unsecured and doesn’t carry an interest rate but does charge the Company an initial loan fee of $17,500, bringing the initial balance due under the loan to equal $215,000. The Company made principal repayments of $135,000 to this loan during the nine months ending September 30, 2018, bringing the total balance due of the loan to $80,000 and $215,000 as of September 30, 2018 and December 31, 2017, respectively. The Company assumed the debt of a Payment Rights Purchase and Sale Agreement executed between Fleaux Solutions, LLC & Everest Business Funding on October 12, 2017. The proceeds received under the loan totaled $200,000. This loan doesn’t carry an interest rate but does charge the Company an initial loan fee of $46,000. The loan is secured by credit card sales. Payments are drafted each business banking day from the Company’s bank account in the amount of $807 until the entire principal balance of $246,000 is paid in full. The outstanding balance on this note was $4,467 and $189,509 as of September 30, 2018 and December 31, 2017, respectively. The Company assumed the debt of a Cosmic Equipment loan in the amount of $142,598 between Fleaux Solutions, LLC and Business First Bank. The loan has an interest rate of 5.50% payable in thirty-six payments of $4,311 with the first payment due on January 20, 2018 and the final payment due December 20, 2020. This loan is secured with the 2016 Chevrolet DRW Express asset owned by the Company. The loan is also secured by a personal guarantee executed by the members of Fleaux Solutions, LLC including Michael Trey Moore, Christopher Ryan Marlowe, and Ray S. Moore, Jr. The outstanding balance on this loan was $109,172 and $142,598 as of September 30, 2018 and December 31, 2017. The Company assumed the debt of a loan in the amount of $65,000 between Fleaux Solutions, LLC and KDC Pipeline. The loan is unsecured, non-interest bearing, and payable on demand. The outstanding balance on this loan was $65,000 as of September 30, 2018 and December 31, 2017. The Company assumed the debt of two secured automobile loans of $53,311 a piece relating to the purchase of two Chevrolet Trucks executed between Fleaux Solutions, LLC & General Motors Financial on March 29, 2017. Both notes carry an interest rate of 7.75%, payable in payments of $928 for 72 months. The outstanding balance on each note was $42,855 and $47,918 as of September 30, 2018 and December 31, 2017, respectively. The Company assumed the debt of a secured automobile loan in the amount of $53,075 between Fleaux Solutions, LLC & TD Auto Finance executed on September 28, 2017. The note has an interest rate of 5.69%, payable in payments of $1,021 for 60 months. The outstanding balance on this note was $44,598 and $50,864 as of September 30, 2018 and December 31, 2017, respectively. The Company assumed the debt of a secured JET trailer loan in the amount of $43,618 between Fleaux Solutions, LLC & Western Equipment Finance executed on May 4, 2017. The note has an interest rate of 0.00%, payable in payments of $1,105 for 36 months, with $3,838 payable in advance. The outstanding balance on this note was $22,100 and $32,045 as of September 30, 2018 and December 31, 2017, respectively. The Company assumed the debt of a secured excavator equipment loan in the amount of $66,788 between Fleaux Solutions, LLC & Takeuchi Financial Services executed on August 23, 2017. The note has an interest rate of 0.00%, payable in payments of $1,113 for 60 months. The outstanding balance on this note was $53,431 and $63,449 as of September 30, 2018 and December 31, 2017, respectively. Obligations under Capital Leases (Predecessor) In October of 2016, the Predecessor entered into a lease agreement for the purchase of a 1997 Ford Van, used in the day to day operation of Fleaux Solutions, LLC. The lease is for 48 months and requires monthly payments of $1,063, plus sales tax. The Predecessor paid an advance payment on the equipment lease of $15,250. The lease is secured by the underlying leased asset. This arrangement was accounted for as a capital lease and capitalized the asset at $63,487. As of September 30, 2018 and December 31, 2017, the outstanding balance under this capital lease was $48,621 and $50,523, respectively. In October of 2016, the Predecessor entered into a lease agreement for the purchase of a 1998 Ford Van, used in the day to day operation of Fleaux Solutions, LLC. The lease is for 48 months and requires monthly payments of $2,118, plus sales tax. The Predecessor paid an advance payment on the equipment lease of $15,250. The lease is secured by the underlying leased asset. This arrangement was accounted for as a capital lease and capitalized the asset at $124,702. As of September 30, 2018 and December 31, 2017, the outstanding balance under this capital lease was $96,981 and $106,376, respectively. In February of 2017, the Predecessor entered into a lease agreement for the purchase of a 2001 Sterling Tractor Truck, used in the day to day operation of Fleaux Solutions, LLC. The lease is for 36 months and requires monthly payments of $888, plus sales tax. The Predecessor paid an advance payment on the equipment lease of $250. The lease is secured by the underlying leased asset. This arrangement was accounted for as a capital lease and capitalized the asset at $35,134. As of September 30, 2018 and December 31, 2017, the outstanding balance under this capital lease was $25,506 and $28,758, respectively. In February of 2017, the Predecessor entered into a lease agreement for the purchase of a 2014 Chevy Truck, used in the day to day operation of Fleaux Solutions, LLC. The lease is for 24 months and requires monthly payments of $986, plus sales tax. The Predecessor paid an advance payment on the equipment lease of $250. The lease is secured by the underlying leased asset. This arrangement was accounted for as a capital lease and capitalized the asset at $28,258. As of September 30, 2018 and December 31, 2017, the outstanding balance under this capital lease was $16,881 and $21,571, respectively. In March of 2017, the Predecessor entered into a lease agreement for the purchase of a 1997 Ford E350, used in the day to day operation of Fleaux Solutions, LLC. The lease is for 12 months and requires monthly payments of $17,770, plus sales tax. The Predecessor paid an advance payment on the equipment lease of $250. The lease is secured by the underlying leased asset. This arrangement was accounted for as a capital lease and capitalized the asset at $240,433. As of September 30, 2018 and December 31, 2017, the outstanding balance under this capital lease was $66,852 and $205,977, respectively. In March of 2017, the Predecessor entered into a lease agreement for the purchase of a Dozer, Excavator, Tractor, and Backhoe, used in the day to day operation of Fleaux Solutions, LLC. The lease is for 36 months and requires monthly payments of 2,645, plus sales tax. The Predecessor paid an advance payment on the equipment lease of $3,190. The lease is secured by the underlying leased asset. This arrangement was accounted for as a capital lease and capitalized the asset at $106,105. The equipment purchased under this capital lease was acquired from Osprey Oil & Gas, a related party Company with common ownership between the owners of Fleaux Solutions, LLC. As of September 30, 2018 and December 31, 2017, the outstanding balance under this capital lease was $79,860 and $91,909, respectively. The current maturities and five year debt schedule for the notes is as follows and includes all lines of credit payable, notes payable, convertible notes payable, short-term non-secured debt and amounts due to officer and related parties: 2018 $ 1,399,179 2019 365,520 2020 203,792 2021 44,028 2022 and thereafter 45,863 Total current notes payable $ 2,058,382

CONVERTIBLE LOANS

CONVERTIBLE LOANS	9 Months Ended
	Sep. 30, 2018
CONVERTIBLE LOANS [Text Block]	NOTE 8 – CONVERTIBLE LOANS As of February 8, 2018, the Company had terminated and extinguished all of the convertible notes the Company entered into during the second and third quarters of 2017 prior to the acquisition of Fleaux Solutions, LLC. (see Note #10) Prior to the Acquisition date of January 29, 2018, Galenfeha had the below unsecured convertible notes. June 2017 Note Effective June 8, 2017 the Company entered into a Convertible Promissory Note (“Power Up Note One”) with Power Up Lending Group, Ltd. pursuant to which the Company issued Power Up Lending Group, Ltd. a convertible note in the amount of $43,000. The maturity date is March 20, 2018. On June 8, 2017 the Company received consideration of $40,000. In addition, the Company paid legal fees of $3,000 associated with the entering into this agreement and thus recognized a liability of $43,000 associated with the Power Up Note One. The Company recognized a discount of $3,000 on fees paid upon entering into this agreement. There were no additional borrowings under the Power Up Note One during the twelve months ended December 31, 2017 or nine months ending September 30, 2018. The Power Up Note carries an interest rate of 12% per annum from the Issue Date until the principal amount becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. Any amount of principal or interest on the Power Up Note which is not paid when due shall bear interest at the rate of 22% per annum from the due date thereof until the same is paid. Interest shall commence accruing on the date that the Note is fully paid and shall be computed on the basis of a 365 -day year and the actual number of days elapsed. Since no payments were made on this note on or before 180 days from the effective date of the note, accrued interest due was recorded in the amount of $4,029 on December 10, 2017. Interest paid under the Power Up Note One totaled $0 at December 31, 2017. The note was declared in default on November 20, 2017 with a default penalty of $21,500 added onto the principal. The default penalty has been accounted for as interest expense as of December 31, 2017. The Power Up Note provides Power Up Lending Group, Ltd. the right, to convert the outstanding balance (including accrued and unpaid interest) into shares of the Company’s common stock at 60% of the lowest trade price in the 15 trading days previous to the conversion, additional discounts may apply in the case that conversion shares are not deliverable or if the shares are ineligible. Power Up Lending Group, Ltd. shall have the right to convert at any time during the period beginning on the date which is one hundred eighty days following the date of this Note and ending on the later of: (i) the Maturity Date and (ii) the date of payment of the Default Amount, each in respect of the remaining outstanding principal amount of this Note. As a result of the derivatives calculation (see Note 9) an additional discount of $53,471 was recorded. On December 13, 2017, Power Up Lending converted $8,000 of the Power Up Note One into a total of 740,741 shares of Common Stock at a fair value of $0.0108 per share. On December 20, 2017, Power Up Lending converted $13,000 of the Power Lending Note One into a total of 2,166,667 shares of Common Stock at a fair value of $0.006 per share. On January 16, 2018, Power Up Lending converted $15,000 of the Power Up Note One into a total of 2,500,000 shares of Common Stock at a fair value of $0.006 per share. On January 29, 2018, Power Up Lending converted $15,000 of the Power Lending Note One into a total of 1,923,077 shares of Common Stock at a fair value of $0.0078 per share. On January 31, 2018, Power Up Lending converted $12,240 of the Power Up Note One into a total of 1,569,231 shares of Common Stock at a fair value of $0.0078 per share. On February 5, 2018, Power Up Lending converted $2,580 of the Power Lending Note One into a total of 492,308 shares of Common Stock at a fair value of $0.0078 per share. Amortization of the debt discount totaled $47,351 for the nine months ended September 30, 2018 and $17,149 for the twelve months ended December 31, 2017. The principal balance due under the Power Up Lending Note One was $0 and $43,500 at September 30, 2018 (Successor) and December 31, 2017, respectively. July 2017 Note Effective July 5, 2017 the Company entered into a Convertible Promissory Note (“Power Up Note Two”) with Power Up Lending Group, Ltd. pursuant to which the Company issued Power Up Lending Group, Ltd. a convertible note in the amount of $33,000. The maturity date is March 20, 2018. On July 5, 2017 the Company received consideration of $30,000. In addition, the Company paid legal fees of $3,000 associated with the entering into this agreement and thus recognized a liability of $33,000 associated with the Power Up Note Two. The Company recognized a discount of $3,000 on fees paid upon entering into this agreement. There were no additional borrowings under the Power Up Note Two during the twelve months ended December 31, 2017 or nine months ended September 30, 2018. The Power Up Note Two carries an interest rate of 12% per annum from the Issue Date until the principal amount becomes due and payable, whether at maturity or upon acceleration or by prepayment or otherwise. Any amount of principal or interest on the Power Up Note which is not paid when due shall bear interest at the rate of 22% per annum from the due date thereof until the same is paid. Interest shall commence accruing on the date that the Note is fully paid and shall be computed on the basis of a 365 -day year and the actual number of days elapsed. The Company recognized accrued interest due under the Power Up Note Two totaling $2,800. The Power Up Note Two provides Power Up Lending Group, Ltd. the right, to convert the outstanding balance (including accrued and unpaid interest) into shares of the Company’s common stock at 60% of the lowest trade price in the 15 trading days previous to the conversion, additional discounts may apply in the case that conversion shares are not deliverable or if the shares are ineligible. Power Up Lending Group, Ltd. shall have the right to convert at any time during the period beginning on the date which is one hundred eighty days following the date of this Note and ending on the later of: (i) the Maturity Date and (ii) the date of payment of the Default Amount, each in respect of the remaining outstanding principal amount of this Note. As a result of the derivatives calculation (see Note 8) an additional discount of $27,200 was recorded. On February 5, 2018, Power Up Lending converted $11,160 of the Power Lending Note One into a total of 1,430,769 shares of Common Stock at a fair value of $0.0078 per share. On February 8, 2018, the Company paid Power Up Lending $40,000 which extinguished any remaining balance due under the July 2017 note. Amortization of the interest expense and costs associated with this note totaled $28,976 for the nine months ended September 30, 2018 and $4,024 for the twelve months ended December 31, 2017. The principal balance due under the Power Up Note Two was $0 and $33,000 at September 30, 2018 (Successor) and December 31, 2017, respectively. Third quarter 2018 On July 10, 2018, the company wrote a convertible promissory note for $133,000, of which the company received proceeds of $130,000. The note is due on July 10, 2019 with an interest rate of 12% per annum, and with a conversion option into common stock after 180 days following the date of funding. The conversion discount is 35% determined on the basis of the lowest closing bid price for the common stock during the prior ten trading day period. The original issuance discount of $3,000 was recorded as a debt discount and is being amortized over the life of the note. On August 22, 2018, the company wrote a convertible promissory note for $53,000, of which the company received proceeds of $50,000. The note is due on August 22, 2019 with an interest rate of 12% per annum, and with a conversion option into common stock after 180 days following the date of funding. The conversion discount is 35% determined on the basis of the lowest closing bid price for the common stock during the prior ten trading day period. The original issuance discount of $3,000 was recorded as a debt discount and is being amortized over the life of the note. The July and August 2018 notes were considered for derivative liability treatment. The Company concluded that no derivates existed as of the issuance date or September 30, 2018. Amortization of the costs associated with these Third Quarter 2018 notes totaled $995 for the nine months ended September 30, 2018.

DERIVATIVE LIABILITY

DERIVATIVE LIABILITY	9 Months Ended
	Sep. 30, 2018
DERIVATIVE LIABILITY [Text Block]	NOTE 9 – DERIVATIVE LIABILITY During the period from January 29, 2018 through September 30, 2018 (Successor), the Company identified conversion features embedded within its convertible debt. The Company has determined that the conversion feature of the Notes represents an embedded derivative since the Notes are convertible into a variable number of shares upon conversion. Accordingly, the embedded conversion feature must be bifurcated from the debt host and accounted for as a derivative liability. Therefore, the fair value of the derivative instruments have been recorded as liabilities on the balance sheet with the corresponding amount recorded as discounts to the Notes. Such discounts will be accreted from the issuance date to the maturity date of the Notes. The change in the fair value of the derivative liabilities will be recorded in other income or expenses in the statement of operations at the end of each period, with the offset to the derivative liabilities on the balance sheet. The fair values of the embedded derivative liabilities were determined using the Black-Scholes valuation model on the issuance dates with the assumptions in the table below. The change in fair value of the Company’s derivative liabilities for the period from January 29, 2018 through September 30, 2018 is as follows: January 29, 2018 $ 49,346 Derivative liability extinguished on conversion (55,938 ) Loss on change in fair value of derivative 105,284 September 30, 2018 (Successor) $ - The gain (loss) on the change in fair value of derivative liabilities for the period from January 29, 2019 through September 30, 2018 and totaled $(105,284). The fair value at the issuance and re-measurement dates for the convertible debt treated as derivative liabilities are based upon the following estimates and assumptions made by management for the nine months ended September 30, 2018 and the year ended December 31, 2017: Exercise prices See Note 8 Expected dividends 0% Expected volatility 87%- 463% Expected term See Note 8 Discount rate .29%- 1.51%

SHAREHOLDERS EQUITY

SHAREHOLDERS EQUITY	9 Months Ended
	Sep. 30, 2018
SHAREHOLDERS EQUITY [Text Block]	NOTE 10 - SHAREHOLDERS’ EQUITY PREFERRED STOCK The authorized stock of the Company consists of 20,000,000 preferred A shares and 30,000,000 preferred B Shares with a par value of $0.001. As of September 30, 2018 and December 31, 2017; 7,300,000 shares of the Company’s preferred stock Series A was issued and outstanding. As of September 30, 2018 and December 31, 2017; 27,347,563 shares of the Company’s preferred stock Series B was issued and outstanding. COMMON STOCK The authorized stock of the Company consists of 150,000,000 common shares with a par value of $0.001. As of September 30, 2018 72,300,000 shares of the Company’s common stock were issued and outstanding. Prior to the Acquisition date of January 29, 2018, Galenfeha had issued the below shares during the period January 1, 2018 through January 29, 2018. On January 16, 2018, Power Up Lending converted $15,000 of the June 2017 Power Up Lending Note One into a total of 2,500,000 shares of Common Stock at a fair value of $0.006 per share. See Note 8. On January 29, 2018, Power Up Lending converted $15,000 of the June 2017 Power Up Lending Note One into a total of 1,923,077 shares of Common Stock at a fair value of $0.0078 per share. See Note 8. The Company (Successor) issued the below shares during the period from January 29, 2018 through September 30, 2018. On January 31, 2018, Power Up Lending converted $12,240 of the June 2017 Power Up Lending Note One into a total of 1,569,231 shares of Common Stock at a fair value of $0.0078 per share. See Note 8. On February 5, 2018, Power Up Lending converted $2,580 of the June 2017 Power Up Lending Note One into a total of 492,308 shares of Common Stock at a fair value of $0.0078 per share. See Note 8. On February 5, 2018, Power Up Lending converted $11,160 of the July 2017 Power Up Lending Note One into a total of 1,430,769 shares of Common Stock at a fair value of $0.0078 per share See Note 8. On February 15, 2018, the Company bought back 22,793 shares of common stock through a brokerage account for a total price of $913. These shares have been cancelled and are available to be issued.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2018
COMMITMENTS AND CONTINGENCIES [Text Block]	NOTE 11 - COMMITMENTS AND CONTINGENCIES The Company assumed two lease agreements with respect to the acquisition of Fleaux Solutions, LLC for office/warehouse facilities and yard storage in Louisiana. The office/warehouse lease is for 36 months beginning August 1, 2017. The rent due under the office/warehouse facility lease is as follows: August 2017 – January 2018 (Months One Through Six) $5,000 per month February 2018 – July 2018 (Months Seven Through Twelve) $6,000 per month August 2018 – January 2019 (Months Thirteen Through Eighteen) $7,000 per month February 2019 – July 2020 (Months Nineteen Through Thirty-Six) $8,000 per month The yard storage lease is $1,000 per month or $12,000 per year beginning on March 1, 2017. The terms of the yard storage lease are month to month. The Company leases space in Fort Worth, Texas for corporate facilities for $99 monthly or $1,188 per year. The terms of this lease are month to month. Future minimum lease payments are as follows: Year Ended Amount 2018 $ 21,000 2019 95,000 2020 56,000 2021 - 2022 - $ 172,000 From time to time the Company may be a party to litigation matters involving claims against the Company. Management believes that there are no current matters that would have a material effect on the Company’s financial position or results of operations.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2018
RELATED PARTY TRANSACTIONS [Text Block]	NOTE 12 – RELATED PARTY TRANSACTIONS On November 4, 2016, Mr. James Ketner, Galenfeha’s Chairman and CEO made a cash contribution to the Company in the amount of $100,000 in exchange for a note that has a fixed repayment of $110,000. The note bears no interest, and can be repaid by the Company when the funds become available. The note can be renegotiated between Galenfeha and Mr. Ketner if both parties agree to the terms. Principal repayments made under the note for the twelve months ending December 31, 2017 totaled $84,000, and the principal balance due under the note as of December 31, 2017 (Predecessor) was $26,000. On January 29, 2018, Mr. Ketner advanced the Company an additional $20,000 under the terms of this note for a fixed repayment of $21,000, bringing the total balance due under the terms of this note to $47,000 as of January 29, 2018. Principal repayments made under the note for the nine months ending September 30, 2018 totaled $47,000, and the principal balance due under the note as of September 30, 2018 (Successor) was $0. On March 9, 2017, the Company entered into an agreement with Fleaux Services, LLC for the sale of the Company’s Daylight Pumps division, which includes, but in not limited to, all inventory located at 9204 Linwood Avenue, Suite 104 and 105, Shreveport, LA 7116, as well as all usage rights for the name “Daylight Pump.” The sale is for cash consideration of $25,000, and Fleaux Services, LLC will assume the responsibility of a promissory note held by Kevin L. Wilson in the amount of $350,000 and all accrued interest due since the date of issuance on August 23, 2016. The sale will include all future pump sales, future purchase orders resulting from previous negotiations, and all intellectual property related to Daylight Pumps. A gain on the sale of the Daylight Pumps division of $52,291 was recognized as a capital transaction during 2017. During the twelve months ending December 31, 2017 the Company received royalty payment of $10,000 from Fleaux Services, LLC relating to the sale of Galenfeha-style batteries. The Company received $15,000 in royalty income from Fleaux Services, LLC relating to the sale of Galenfeha-style batteries during the nine months ending September 30, 2018. Mr. Trey Moore is the President/CEO of Fleaux Services, and also is a Director of Galenfeha, Inc. On August 4, 2017, David Leimbrook, the Chief Financial Officer of Fleaux Services, LLC, had 550,000 shares of common stock originally purchased in the open market transferred from common stock to preferred stock Series A. On January 29, 2018, the CEO in a private transaction, sold 1,000,000 shares of preferred stock Series B to David Leimbrook, the Chief Financial Officer of Fleaux Services, LLC and an additional 2,000,000 shares of preferred stock Series B to Christopher Ryan Marlowe, the Chief Operating Officer of Fleaux Services, LLC and an affiliate of Fleaux Solutions, LLC. The private shares were sold for cash consideration of $30,000. On January 29, 2018, the Company entered into a Definitive Agreement to acquire Fleaux Solutions, LLC, a Company with common director and shareholders for a cash purchase of $1.00. Fleaux Solutions at the time of acquisition was owned by Director Trey Moore, President/CEO of Fleaux Services, LLC, Christopher Ryan Marlowe, Chief Operating Officer of Fleaux Services, LLC, and Ray Moore Jr., brother of Trey Moore. (See Note 4) The Company assumed a lease agreement executed on July 1, 2017 between Fleaux Solutions, LLC and Fleaux Services, LLC. The lease agreement provides for Fleaux Services, LLC to pay Fleaux Solutions, LLC rent income of $2,000 per month commencing on July 1, 2017 and ending on June 30, 2018 (month to month after that) for use of equipment and supplies owned by Fleaux Solutions, LLC. In addition, the Company assumed a month to month lease agreement executed on February 23, 2017 by Fleaux Solutions for use of land in Louisiana for $1,000 per month. This agreement has been subleased to Fleaux Services, LLC on a month to month basis. Fleaux Services, LLC paid the Company rental income of $20,000 on January 2, 2018 relating to $12,000 of rent owed from 2017 and $8,000 as a prepayment towards rental income due for the nine months ending September 30, 2018. The remaining $19,000 due under the lease agreement for the nine months ended September 30, 2018 is shown as a receivable, “Due from Related Parties.” Mr. Trey Moore is the President/CEO of Fleaux Services, and also is a Director of Galenfeha, Inc. From time to time, Trey Moore, Ray Moore Jr. and Christopher Ryan Marlowe, management and members of Fleaux Solutions, LLC will loan Fleaux Solutions, LLC money and/or pay for expenses with respect to Fleaux Solutions, LLC out of their personal funds and the Company will reimburse them for such. These loans don’t carry an interest rate and are payable on demand. The total outstanding amount due to Trey Moore, Ray Moore Jr. and Christopher Ryan Marlowe was $158,367 as of September 30, 2018. During the nine months ending September 30, 2018 the Company received loan proceeds from Fleaux Services, LLC of $170,000. During the same period $120,000 was repaid leaving a balance of $50,000 as of September 30, 2018. The loans are unsecured, due on demand and have no stated interest rate.

UNCERTAIN TAX POSITIONS

UNCERTAIN TAX POSITIONS	9 Months Ended
	Sep. 30, 2018
UNCERTAIN TAX POSITIONS [Text Block]	NOTE 13 – UNCERTAIN TAX POSITIONS Prior to the Acquisition date of January 29, 2018, Galenfeha had the following uncertain tax positions: The Company received a letter on May 17, 2016 from the Caddo-Shreveport Sales and Use Tax Commission informing them of a parish sales and use tax audit scheduled to begin on June 28, 2016. The audit period covered is January 1, 2013 through May 31, 2016. The audit is currently under way and no judgments or assessments have been issued. Management is of the opinion that this audit will not result in any material change in the Company’s financial results.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
BASIS OF PRESENTATION [Policy Text Block]	BASIS OF PRESENTATION The Financial Statements and related disclosures have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Financial Statements have been prepared using the accrual basis of accounting in accordance with Generally Accepted Accounting Principles (“GAAP”) of the United States (See Note 2 regarding the assumption that the Company is a “going concern”). Certain prior period amounts have been reclassified to conform to current period presentation. The accompanying financial statements have been presented on a comparative basis. For periods after the acquisition of Fleaux Solutions, LLC (see Note 4), the Company is referred to as the Successor and its results of operations combines the operations of Fleaux Solutions, LLC and those of Galenfeha, Inc. For periods prior to the acquisition of Fleaux Solutions, the Company is referred to as the Predecessor and its results of operations include only the Fleaux Solutions, LLC operations. A black line separates the Predecessor and Successor financial statements to highlight the lack of comparability between these two periods.
PRINCIPLES OF CONSOLIDATION [Policy Text Block]	PRINCIPLES OF CONSOLIDATION The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Fleaux Solutions, LLC. All significant inter-company accounts and transactions have been eliminated.
USE OF ESTIMATES [Policy Text Block]	USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions also affect the reported amounts of revenues, costs, and expenses during the reporting period. Management evaluates these estimates and assumptions on a regular basis. Actual results could differ from those estimates.
REVENUE RECOGNITION [Policy Text Block]	REVENUE RECOGNITION Revenues are recognized when control of the promised goods or services is transferred to the Company’s customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services, pursuant to the guidance provided by Accounting Standards Codification (“ASC”) Topic 606. Services revenues are generated from sub-contractor services provided to contractors for infrastructure water-line repair. The Company recognizes revenue for these services at a point in time as the customer receives and consumes the benefits of the service as they are being performed and the Company has a right to payment for performance completed to date. The Company recognizes revenue upon invoicing and completion of service for the contractor and recognizes expenses as incurred. Successor: For the period from January 29, 2018 through September 30, 2018; $1,900,271 or 78% of our total revenue came from one customer and $479,691 or 20% came from one other customer. Predecessor: For the period from January 1, 2018 through January 29, 2018; $256,334 or 62% of our total revenue came from one customer and $136,937 or 33% came from one other customer. Predecessor- For the nine months ending September 30, 2017; $468,840 or 37% of our total revenue came from one customer, $347,622 or 28% came from one other customer and $325,895 or 26% came from one other customer. The following table presents our revenues disaggregated by revenue source. Three Month Periods Nine Month Periods Three Months Ended Three Months Ended January 29, 2018- January 1, 2018- Nine Months Ended September 30, 2018 September 30, 2017 September 30, 2018 January 28,2018 September 30, 2017 (Successor) (Predecessor) (Successor) (Predecessor) (Predecessor) Pre and Post CCTV 293,512 26,875 578,297 26,816 98,026 Point Repairs 9,223 88,436 51,074 - 88,436 Manhole Rehabilitation 123,542 122,316 327,265 256,300 251,938 Service Lateral Reconnect 97,250 133,665 355,939 31,700 542,584 Cosmic Service Lateral Lining 586,140 211,268 1,127,033 97,600 279,293 Pre and Post CCTV consists of cleaning wastewater lines. Point Repairs consists of an excavator used to find a marked deviated in existing wastewater pipe and repairs and then made to the line. Manhole Rehabilitation consists of lining the manhole interiors, internal sealing of the joint area, and reconstructing manhole benches and channels. Service Lateral Reconnect consists of an excavator used to dig where a service needs reconnecting to the main pipe and the repairs are then made to that line. Cosmic Service Lateral Lining uses our exclusive material to robotically insert into an existing service line where UV light then cures the material creating a bonded connection between the mainline and the service line.
CASH AND CASH EQUIVALENTS [Policy Text Block]	CASH AND CASH EQUIVALENTS All cash, other than held in escrow, is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents. Cash at September 30, 2018 (Successor) and December 31, 2017 (Predecessor) was $17,799 and $348, respectively.
ACCOUNTS RECEIVABLE [Policy Text Block]	ACCOUNTS RECEIVABLE Accounts receivable represents the uncollected portion of amounts recorded as revenues. Management performs periodic analyses to evaluate all outstanding accounts receivable to estimate an allowance for doubtful accounts that may not be collectible, based on the best facts available to management. Management considers historical collection patterns, accounts receivable aging trends and specific identification of disputed invoices in its analyses. After all reasonable attempts to collect a receivable have failed, the receivable is directly written off. As of September 30, 2018 (Successor) and December 31, 2017 (Predecessor), the balance of the allowance for doubtful accounts was $0. As of December 31, 2017; $119,201 or 22% of our Accounts Receivable was from one customer and another $359,474 or 67% was from another single customer. As of September 30, 2018; $924,081 or 69% of our total accounts receivable was from one customer and another $370,532 or 28% was from another single customer.
GOODWILL [Policy Text Block]	GOODWILL Goodwill represents the excess of the purchase price of acquired businesses over the estimated fair value of the identifiable net assets acquired. In accordance with ASC 350, Goodwill and Other Intangible Assets The first step involves comparing the fair value of a company's reporting units to their carrying amount. If the fair value of the reporting unit is determined to be greater than its carrying amount, there is no impairment. If the reporting unit's carrying amount is determined to be greater than the fair value, the second step must be completed to measure the amount of impairment, if any. The second step involves calculating the implied fair value of goodwill by deducting the fair value of all tangible and intangible assets, excluding goodwill, of the reporting unit from the fair value of the reporting unit as determined in step one. The implied fair value of the goodwill in this step is compared to the carrying value of goodwill. If the implied fair value of the goodwill is less than the carrying value of the goodwill, an impairment loss equivalent to the difference is recorded. The Company performed a qualitative assessment and determined there was no impairment of goodwill recognized during 2018. The Company recognizes an acquired intangible asset apart from goodwill whenever the intangible asset arises from contractual or other legal rights, or when it can be separated or divided from the acquired entity and sold, transferred, licensed, rented or exchanged, either individually or in combination with a related contract, asset or liability. Such intangibles are amortized over their useful lives. Impairment losses are recognized is the carrying amount of an intangible asset subject to amortization is not recoverable from expected future cash flows and its carrying amount exceeds its fair value.
LONG-LIVED ASSETS [Policy Text Block]	LONG-LIVED ASSETS The Company's long-lived assets consisted of property and equipment and customer relationships and are reviewed for impairment in accordance with the guidance of the FASB Topic ASC 360, Property, Plant, and Equipment. The Company tests for impairment losses on long-lived assets used in operations whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Through September 30, 2018, the Company had not experienced impairment losses on its long-lived assets as management determined that there were no indicators that a carrying amount of the asset may not be recoverable.
COST OF SALES [Policy Text Block]	COST OF SALES Cost of services mainly consisted of raw material costs, direct labor and certain overhead allocated costs. Costs are recognized when the related revenue is recorded.
ADVERITISING EXPENSES [Policy Text Block]	ADVERTISING EXPENSES Advertising, promotional and selling expenses consisted of sales salaries, tap handles, media advertising costs, sales and marketing expenses, and promotional activity expenses and are recognized when incurred in the accompanying statement of operations.
GENERAL AND ADMINISTRATIVE EXPENSES [Policy Text Block]	GENERAL AND ADMINISTRATIVE EXPENSES General and administrative expenses consisted of office supplies, rent and utility expenses, meals, travel and entertainment expenses, and other general and administrative overhead costs. Expenses are recognized when incurred.
FAIR VALUE ACCOUNTING [Policy Text Block]	FAIR VALUE ACCOUNTING As required by the Fair Value Measurements and Disclosures Topic of the FASB ASC 820, fair value is measured based on a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and (Level 3) unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. The three levels of the fair value hierarchy are described below: Level 1 Level 2 Level 3 The Company utilized level 3 inputs to estimate the fair value of its derivative instruments using the Black-Scholes Option Pricing Model. There were no outstanding assets or liabilities measured on a recurring basis at September 30, 2018 (Successor).

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2018
Revenue from External Customers by Products and Services [Table Text Block]	Three Month Periods Nine Month Periods Three Months Ended Three Months Ended January 29, 2018- January 1, 2018- Nine Months Ended September 30, 2018 September 30, 2017 September 30, 2018 January 28,2018 September 30, 2017 (Successor) (Predecessor) (Successor) (Predecessor) (Predecessor) Pre and Post CCTV 293,512 26,875 578,297 26,816 98,026 Point Repairs 9,223 88,436 51,074 - 88,436 Manhole Rehabilitation 123,542 122,316 327,265 256,300 251,938 Service Lateral Reconnect 97,250 133,665 355,939 31,700 542,584 Cosmic Service Lateral Lining 586,140 211,268 1,127,033 97,600 279,293

ACQUISITION OF FLEAUX SOLUTIO_2

ACQUISITION OF FLEAUX SOLUTIONS, LLC- RELATED PARTY (Tables)	9 Months Ended
	Sep. 30, 2018
Business Combination, Segment Allocation [Table Text Block]	Net Assets Acquired January 29, 2018 Cash on hand $ 171,703 Inventories 30,000 Accounts receivable 816,929 Property and equipment 918,838 Assumption of scheduled liabilities (2,149,749 ) Goodwill $ (212,279 )

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2018
Schedule of Property, Plant and Equipment [Table Text Block]	September 30, December 31, 2017 2018 (Predecessor) (Successor) Manufacturing assets $ 354,278 $ 285,815 Vehicles and trailers 271,686 271,686 Computer software 3,885 3,885 Capitalized leased equipment 598,119 598,119 1,227,968 1,159,505 Less accumulated depreciation (386,397 ) (272,165 ) Property and equipment, net $ 841,571 $ 887,340

NOTES PAYABLE AND CAPITAL LEA_2

NOTES PAYABLE AND CAPITAL LEASES (Tables)	9 Months Ended
	Sep. 30, 2018
Schedule of Debt [Table Text Block]	2018 $ 1,399,179 2019 365,520 2020 203,792 2021 44,028 2022 and thereafter 45,863 Total current notes payable $ 2,058,382

DERIVATIVE LIABILITY (Tables)

DERIVATIVE LIABILITY (Tables)	9 Months Ended
	Sep. 30, 2018
Schedule of Derivative Liabilities at Fair Value [Table Text Block]	January 29, 2018 $ 49,346 Derivative liability extinguished on conversion (55,938 ) Loss on change in fair value of derivative 105,284 September 30, 2018 (Successor) $ -
Schedule of Derivative Instruments [Table Text Block]	Exercise prices See Note 8 Expected dividends 0% Expected volatility 87%- 463% Expected term See Note 8 Discount rate .29%- 1.51%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2018
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	August 2017 – January 2018 (Months One Through Six) $5,000 per month February 2018 – July 2018 (Months Seven Through Twelve) $6,000 per month August 2018 – January 2019 (Months Thirteen Through Eighteen) $7,000 per month February 2019 – July 2020 (Months Nineteen Through Thirty-Six) $8,000 per month
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Year Ended Amount 2018 $ 21,000 2019 95,000 2020 56,000 2021 - 2022 - $ 172,000

BASIS OF PRESENTATION (Narrativ

BASIS OF PRESENTATION (Narrative) (Details) - Fleaux Solutions, LLC [Member]	8 Months Ended
	Sep. 30, 2018USD ($)
Payments to Acquire Businesses, Gross	$ 1
Assumption of scheduled liabilities	$ 2,149,749

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Jan. 28, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Allowance for Doubtful Accounts Receivable		$ 0		$ 0
Predecessor [Member]
Revenues	$ 412,416		$ 582,560		$ 1,260,277
Cash	171,703		$ 14,767		14,767	$ 348	$ 88,321
Accounts receivable						537,337
Successor [Member]
Revenues		1,109,667		2,439,608
Cash	22,162	17,799		17,799
Accounts receivable		1,333,683		1,333,683
One customer [Member]
Accounts receivable		$ 924,081		$ 924,081		$ 119,201
Concentration Risk, Percentage of accounts receivable		69.00%		69.00%		22.00%
One customer [Member] | Predecessor [Member]
Revenues	$ 256,334				$ 468,840
Concentration Risk, Percentage	62.00%				37.00%
One customer [Member] | Successor [Member]
Revenues				$ 1,900,271
Concentration Risk, Percentage				78.00%
One other customer [Member]
Accounts receivable		$ 370,532		$ 370,532		$ 359,474
Concentration Risk, Percentage of accounts receivable		28.00%		28.00%		67.00%
One other customer [Member] | Predecessor [Member]
Revenues	$ 136,937				$ 347,622
Concentration Risk, Percentage	33.00%				28.00%
One other customer [Member] | Successor [Member]
Revenues				$ 479,691
Concentration Risk, Percentage				20.00%
One other customer - 2 [Member] | Predecessor [Member]
Revenues					$ 325,895
Concentration Risk, Percentage					26.00%

ACQUISITION OF FLEAUX SOLUTIO_3

ACQUISITION OF FLEAUX SOLUTIONS, LLC- RELATED PARTY (Narrative) (Details) - Fleaux Solutions, LLC [Member]	8 Months Ended
	Sep. 30, 2018USD ($)
Payments to Acquire Businesses, Gross	$ 1
Assumption of scheduled liabilities	$ 2,149,749

PROPERTY AND EQUIPMENT (Narrati

PROPERTY AND EQUIPMENT (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Jan. 28, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Predecessor [Member]
Depreciation and amortization expense	$ 20,355		$ 92,383		$ 241,286
Successor [Member]
Depreciation and amortization expense		$ 26,710		$ 93,876

INVESTMENTS (Narrative) (Detail

INVESTMENTS (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended	12 Months Ended
	Jan. 28, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Predecessor [Member]
Marketable securities						$ 0
Unrealized losses on investments	$ 0		$ 0		$ 0
Realized losses on investments	$ 0		$ 0		$ 0
Proceeds from margin loan						49,805
Repayments of margin loan						49,805
Margin loan balance						$ 0
Successor [Member]
Marketable securities		$ 134,615		$ 134,615
Unrealized losses on investments		13,915		14,945
Realized losses on investments		15,648		13,321
Proceeds from margin loan				18,455
Repayments of margin loan				18,455
Margin loan balance		$ 0		$ 0

NOTES PAYABLE AND CAPITAL LEA_3

NOTES PAYABLE AND CAPITAL LEASES (Narrative) (Details) - USD ($)	May 04, 2018	Mar. 02, 2018	Jan. 31, 2018	Oct. 12, 2017	May 04, 2017	May 02, 2017	Sep. 25, 2018	Mar. 22, 2018	Feb. 22, 2018	Jan. 28, 2018	Jan. 20, 2018	Sep. 28, 2017	Aug. 23, 2017	Mar. 29, 2017	Sep. 30, 2018	Dec. 31, 2017
Line of Credit Facility, Collateral															Additionally, both lines of credit are secured by deposit accounts held at the Grantor’s institution which had cash balances of $780 and $0 as of September 30, 2018 (Successor) and December 31, 2017 (Predecessor), respectively.
Shareholder advance [Member]
Proceeds from Related Party Debt															$ 300,000
Repayments of Related Party Debt															50,000
Notes Payable, Related Parties, Current															250,000
LOC 0221 [Member]
Line of Credit Facility, Maximum Borrowing Capacity										$ 500,000
Proceeds from lines of credit	$ 50,000		$ 250,000				$ 40,000	$ 60,000		168,521
Line of Credit Facility, Increase (Decrease), Other, Net										2,540
Repayments of Lines of Credit			100,000
Lines of credit payable			$ 321,061							171,061					$ 471,061
LOC 0248 [Member]
Line of Credit Facility, Maximum Borrowing Capacity										150,000
Line of Credit Facility, Interest Rate Description															The index currently is 4.500% per annum. Interest on the unpaid principal balance of this line will be calculated using a rate of 1.000 percentage points over the Index, resulting in an initial rate of 5.500% per annum.
Proceeds from lines of credit		$ 15,000							$ 33,031	100,000
Line of Credit Facility, Increase (Decrease), Other, Net										750
Lines of credit payable										$ 100,750					$ 148,781
Fleaux Solutions, LLC and Gerald W. Norder [Member]
Proceeds from Loans						$ 197,500
Payments for Other Fees						17,500
Payments for Loans															135,000
Loans Payable						$ 215,000									80,000	$ 215,000
Fleaux Solutions, LLC & Everest Business Funding [Member]
Proceeds from Loans				$ 200,000
Payments for Other Fees				46,000
Debt Instrument, Periodic Payment															807
Loans Payable				$ 246,000											$ 4,467	189,509
Fleaux Solutions, LLC and Business First Bank [Member]
Proceeds from Loans											$ 142,598
Debt Instrument, Interest Rate, Stated Percentage															5.50%
Debt Instrument, Periodic Payment															$ 4,311
Loans Payable															109,172	142,598
Fleaux Solutions, LLC and KDC Pipeline [Member]
Proceeds from Loans															65,000
Loans Payable															$ 65,000
Fleaux Solutions, LLC & General Motors Financial (Each of two secured automobile loans) [Member]
Proceeds from Loans														$ 53,311
Debt Instrument, Interest Rate, Stated Percentage															7.75%
Debt Instrument, Term															72 months
Debt Instrument, Periodic Payment															$ 928
Loans Payable															$ 42,855	47,918
Fleaux Solutions, LLC & TD Auto Finance [Member]
Proceeds from Loans												$ 53,075
Debt Instrument, Interest Rate, Stated Percentage															5.69%
Debt Instrument, Term															60 months
Debt Instrument, Periodic Payment															$ 1,021
Loans Payable															$ 44,598	50,864
Fleaux Solutions, LLC & Western Equipment Finance [Member]
Proceeds from Loans					$ 43,618
Payments for Other Fees					$ 3,838
Debt Instrument, Interest Rate, Stated Percentage															0.00%
Debt Instrument, Term															36 months
Debt Instrument, Periodic Payment															$ 1,105
Loans Payable															$ 22,100	32,045
Fleaux Solutions, LLC & Takeuchi Financial Services [Member]
Proceeds from Loans													$ 66,788
Debt Instrument, Interest Rate, Stated Percentage															0.00%
Debt Instrument, Term															60 months
Debt Instrument, Periodic Payment															$ 1,113
Loans Payable															$ 53,431	63,449
1997 Ford Van [Member]
Debt Instrument, Term															48 months
Debt Instrument, Periodic Payment															$ 1,063
Advance payments of equipment lease															15,250
Capital Leased Assets, Gross															63,487
Capital Lease Obligations															$ 48,621	50,523
1998 Ford Van [Member]
Debt Instrument, Term															48 months
Debt Instrument, Periodic Payment															$ 2,118
Advance payments of equipment lease															15,250
Capital Leased Assets, Gross															124,702
Capital Lease Obligations															$ 96,981	106,376
2001 Sterling Tractor Truck [Member]
Debt Instrument, Term															36 months
Debt Instrument, Periodic Payment															$ 888
Advance payments of equipment lease															250
Capital Leased Assets, Gross															35,134
Capital Lease Obligations															$ 25,506	28,758
2014 Chevy Truck [Member]
Debt Instrument, Term															24 months
Debt Instrument, Periodic Payment															$ 986
Advance payments of equipment lease															250
Capital Leased Assets, Gross															28,258
Capital Lease Obligations															$ 16,881	21,571
1997 Ford E350 [Member]
Debt Instrument, Term															12 months
Debt Instrument, Periodic Payment															$ 17,770
Advance payments of equipment lease															250
Capital Leased Assets, Gross															240,433
Capital Lease Obligations															$ 66,852	205,977
Dozer, Excavator, Tractor, and Backhoe [Member]
Debt Instrument, Term															36 months
Debt Instrument, Periodic Payment															$ 2,645
Advance payments of equipment lease															3,190
Capital Leased Assets, Gross															106,105
Capital Lease Obligations															$ 79,860	$ 91,909

CONVERTIBLE LOANS (Narrative) (

CONVERTIBLE LOANS (Narrative) (Details) - USD ($)	Jul. 10, 2018	Feb. 08, 2018	Feb. 05, 2018	Dec. 13, 2017	Jul. 05, 2017	Jun. 08, 2017	Aug. 22, 2018	Jan. 31, 2018	Jan. 28, 2018	Jan. 16, 2018	Dec. 20, 2017	Nov. 20, 2017	Dec. 31, 2017	Sep. 30, 2018	Dec. 31, 2017	Dec. 10, 2017
June 2017 Note [Member]
Convertible Notes Payable						$ 43,000
Proceeds from Convertible Debt						40,000
Payments for Other Fees						3,000
Debt Instrument, Interest Rate, Stated Percentage														12.00%
Debt Instrument, Interest Rate for amounts not paid when due														22.00%
Interest Payable																$ 4,029
Interest Paid													$ 0
Default penalty												$ 21,500
Debt Conversion, Converted Instrument, Rate														60.00%
Debt Instrument, Unamortized Discount						$ 53,471							43,500	$ 0	$ 43,500
Debt Conversion, Converted Instrument, Amount			$ 2,580	$ 8,000				$ 12,240	$ 15,000	$ 15,000	$ 13,000
Debt Conversion, Converted Instrument, Shares Issued			492,308	740,741				1,569,231	1,923,077	2,500,000	2,166,667
Debt Conversion, Converted Instrument, Fair value per share			$ 0.0078	$ 0.0108				$ 0.0078	$ 0.0078	$ 0.006	$ 0.006
Amortization of Debt Discount (Premium)														47,351	17,149
July 2017 Note [Member]
Convertible Notes Payable					$ 33,000								$ 33,000	$ 0	33,000
Proceeds from Convertible Debt					30,000
Payments for Other Fees					3,000
Debt Instrument, Interest Rate, Stated Percentage														12.00%
Debt Instrument, Interest Rate for amounts not paid when due														22.00%
Interest Payable														$ 2,800
Debt Conversion, Converted Instrument, Rate														60.00%
Debt Instrument, Unamortized Discount					$ 27,200
Debt Conversion, Converted Instrument, Amount			$ 11,160
Debt Conversion, Converted Instrument, Shares Issued			1,430,769
Debt Conversion, Converted Instrument, Fair value per share			$ 0.0078
Repayments of Convertible Debt		$ 40,000
Amortization of Debt Discount (Premium)														$ 28,976	$ 4,024
Third quarter 2018 (convertible promissory notes) [Member]
Convertible Notes Payable	$ 133,000						$ 53,000
Proceeds from Convertible Debt	130,000						50,000
Debt Instrument, Interest Rate, Stated Percentage														12.00%
Debt Instrument, Conversion Discount														35.00%
Debt Instrument, Unamortized Discount	$ 3,000						$ 3,000
Amortization of Debt Discount (Premium)														$ 995

DERIVATIVE LIABILITY (Narrative

DERIVATIVE LIABILITY (Narrative) (Details) - USD ($)	3 Months Ended	8 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
Successor [Member]
Loss on derivative instruments	$ 0	$ (105,284)

SHAREHOLDERS EQUITY (Narrative)

SHAREHOLDERS EQUITY (Narrative) (Details) - USD ($)	Feb. 05, 2018	Jan. 31, 2018	Jan. 30, 2018	Feb. 15, 2018	Jan. 16, 2018	Sep. 30, 2018
Preferred Stock, Par or Stated Value Per Share						$ 0.001
Common Stock, Shares Authorized						150,000,000
Common Stock, Par or Stated Value Per Share						$ 0.001
Common Stock, Shares, Issued						72,300,000
Common Stock, Shares, Outstanding						72,300,000
Class A Preferred Stock [Member]
Preferred Stock, Shares Authorized						20,000,000
Preferred Stock, Par or Stated Value Per Share						$ 0.001
Preferred Stock, Shares Issued						7,300,000
Preferred Stock, Shares Outstanding						7,300,000
Class B Preferred Stock [Member]
Preferred Stock, Shares Authorized						30,000,000
Preferred Stock, Par or Stated Value Per Share						$ 0.001
Preferred Stock, Shares Issued						27,347,563
Preferred Stock, Shares Outstanding						27,347,563
Predecessor [Member]
Debt Conversion, Converted Instrument, Amount			$ 15,000		$ 15,000
Debt Conversion, Converted Instrument, Shares Issued			1,923,077		2,500,000
Debt Instrument, Convertible, Conversion Price			$ 0.0078		$ 0.006
Successor [Member]
Debt Conversion, Converted Instrument, Amount		$ 12,240
Debt Conversion, Converted Instrument, Shares Issued		1,569,231
Debt Instrument, Convertible, Conversion Price		$ 0.0078
Stock Repurchased and Retired During Period, Shares				22,793
Stock Repurchased and Retired During Period, Value				$ 913
Successor [Member] | June 2017 Power Up Lending Note One [Member]
Debt Conversion, Converted Instrument, Amount	$ 2,580
Debt Conversion, Converted Instrument, Shares Issued	492,308
Debt Instrument, Convertible, Conversion Price	$ 0.0078
Successor [Member] | July 2017 Power Up Lending Note One [Member]
Debt Conversion, Converted Instrument, Amount	$ 11,160
Debt Conversion, Converted Instrument, Shares Issued	1,430,769
Debt Instrument, Convertible, Conversion Price	$ 0.0078

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Narrative) (Details)	9 Months Ended
	Sep. 30, 2018USD ($)
Office/warehouse lease [Member]
Operating lease, term	36 months
Yard storage lease - per month [Member]
Operating Leases, Rent Expense, Minimum Rentals	$ 1,000
Yard storage lease per year [Member]
Operating Leases, Rent Expense, Minimum Rentals	12,000
Corporate facilities in Fort Worth, Texas - monthly [Member]
Operating Leases, Rent Expense, Minimum Rentals	99
Corporate facilities in Fort Worth, Texas - per year [Member]
Operating Leases, Rent Expense, Minimum Rentals	$ 1,188

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($)	Jan. 30, 2018	Aug. 04, 2017	Mar. 09, 2017	Nov. 04, 2016	Mar. 31, 2018	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Gain on sale of Daylight Pumps division								$ 52,291
Conversion of Stock, Shares Converted		550,000
Preferred stock sold in a private transaction, cash consideration	$ 30,000
Mr. James Ketner [Member]
Proceeds from Related Party Debt	20,000			$ 100,000
Due to Related Parties, Noncurrent	47,000			$ 110,000		$ 0	$ 0		$ 26,000
Repayments of Related Party Debt							47,000		84,000
Increase (Decrease) in Due to Related Parties	$ 21,000
Fleaux Services, LLC [Member]
Proceeds from Related Party Debt							170,000
Repayments of Related Party Debt							120,000
Proceeds from sale of Daylight Pumps division			$ 25,000
Extinguishment of Debt, Amount			$ 350,000
Proceeds from Royalties Received							15,000		10,000
Related Party Transaction, Amounts of Transaction					$ 2,000
Revenue from Related Parties							20,000
Related party transaction, amount owed							19,000		$ 12,000
Related party transaction, amount prepaid							8,000
Due from Other Related Parties, Current						50,000	50,000
David Leimbrook [Member]
Preferred stock sold in a private transaction	1,000,000
Christopher Ryan Marlowe [Member]
Preferred stock sold in a private transaction	2,000,000
Fleaux Solutions, LLC [Member]
Payments to Acquire Businesses, Gross						1
Related Party Transaction, Amounts of Transaction					$ 1,000
Ray Moore Jr. and Christopher Ryan Marlowe [Member]
Due to Related Parties, Noncurrent						$ 158,367	$ 158,367

Revenue from External Customers

Revenue from External Customers by Products and Services (Details) - USD ($)	1 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Jan. 28, 2018	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Predecessor [Member]
Revenues	$ 412,416		$ 582,560		$ 1,260,277
Successor [Member]
Revenues		$ 1,109,667		$ 2,439,608
Pre and Post CCTV [Member] | Predecessor [Member]
Revenues	26,816		26,875		98,026
Pre and Post CCTV [Member] | Successor [Member]
Revenues		293,512		578,297
Point Repairs [Member] | Predecessor [Member]
Revenues	0		88,436		88,436
Point Repairs [Member] | Successor [Member]
Revenues		9,223		51,074
Manhole Rehabilitation [Member] | Predecessor [Member]
Revenues	256,300		122,316		251,938
Manhole Rehabilitation [Member] | Successor [Member]
Revenues		123,542		327,265
Service Lateral Reconnect [Member] | Predecessor [Member]
Revenues	31,700		133,665		542,584
Service Lateral Reconnect [Member] | Successor [Member]
Revenues		97,250		355,939
Cosmic Service Lateral Lining [Member] | Predecessor [Member]
Revenues	$ 97,600		$ 211,268		$ 279,293
Cosmic Service Lateral Lining [Member] | Successor [Member]
Revenues		$ 586,140		$ 1,127,033

Business Combination, Segment A

Business Combination, Segment Allocation (Details) - Fleaux Solutions, LLC [Member] - USD ($)	8 Months Ended
	Sep. 30, 2018	Jan. 28, 2018
Cash on hand		$ 171,703
Inventories		30,000
Accounts receivable		816,929
Property and equipment, net		918,838
Assumption of scheduled liabilities	$ (2,149,749)
Goodwill		$ (212,279)

Schedule of Property, Plant and

Schedule of Property, Plant and Equipment (Details) - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Predecessor [Member]
Property, Plant and Equipment		$ 1,159,505
Less accumulated depreciation		(272,165)
Property and equipment, net		887,340
Successor [Member]
Property, Plant and Equipment	$ 1,227,968
Less accumulated depreciation	(386,397)
Property and equipment, net	841,571
Manufacturing assets [Member] | Predecessor [Member]
Property, Plant and Equipment		285,815
Manufacturing assets [Member] | Successor [Member]
Property, Plant and Equipment	354,278
Vehicles and trailers [Member] | Predecessor [Member]
Property, Plant and Equipment		271,686
Vehicles and trailers [Member] | Successor [Member]
Property, Plant and Equipment	271,686
Computer software [Member] | Predecessor [Member]
Property, Plant and Equipment		3,885
Computer software [Member] | Successor [Member]
Property, Plant and Equipment	3,885
Capitalized leased equipment [Member] | Predecessor [Member]
Property, Plant and Equipment		$ 598,119
Capitalized leased equipment [Member] | Successor [Member]
Property, Plant and Equipment	$ 598,119

Schedule of Debt (Details)

Schedule of Debt (Details)	Sep. 30, 2018USD ($)
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	$ 1,399,179
Long-term Debt, Maturities, Repayments of Principal in Year Two	365,520
Long-term Debt, Maturities, Repayments of Principal in Year Three	203,792
Long-term Debt, Maturities, Repayments of Principal in Year Four	44,028
Long-term Debt, Maturities, Repayments of Principal in Year Five	45,863
Long-term Debt	$ 2,058,382

Schedule of Derivative Liabilit

Schedule of Derivative Liabilities at Fair Value (Details) - Successor [Member]	8 Months Ended
	Sep. 30, 2018USD ($)
Derivative Liabilities	$ 49,346
Derivative liability extinguished on conversion	(55,938)
Loss on change in fair value of derivative	105,284
Derivative Liabilities	$ 0

Schedule of Derivative Instrume

Schedule of Derivative Instruments (Details)	9 Months Ended
	Sep. 30, 2018
Expected dividends [Member]
Derivative Liability, Measurement Input	0.00%
Expected volatility [Member] | Minimum [Member]
Derivative Liability, Measurement Input	87.00%
Expected volatility [Member] | Maximum [Member]
Derivative Liability, Measurement Input	463.00%
Discount rate [Member] | Minimum [Member]
Derivative Liability, Measurement Input	0.29%
Discount rate [Member] | Maximum [Member]
Derivative Liability, Measurement Input	1.51%

Schedule of Future Minimum Leas

Schedule of Future Minimum Lease Payments for Capital Leases (Details)	9 Months Ended
	Sep. 30, 2018USD ($)
August 2017 - January 2018 [Member]
Operating Leases, Rent Expense, Minimum Rentals	$ 5,000
February 2018 - July 2018 [Member]
Operating Leases, Rent Expense, Minimum Rentals	6,000
August 2018 - January 2019 [Member]
Operating Leases, Rent Expense, Minimum Rentals	7,000
February 2019 - July 2020 [Member]
Operating Leases, Rent Expense, Minimum Rentals	$ 8,000

Schedule of Future Minimum Rent

Schedule of Future Minimum Rental Payments for Operating Leases (Details)	Sep. 30, 2018USD ($)
2,018	$ 21,000
2,019	95,000
2,020	56,000
2,021	0
2,022	0
Operating Leases, Future Minimum Payments Due	$ 172,000