Teardroppers 10-Q 8 Nov 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2021	Nov. 08, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	333-197889
Entity Registrant Name	TEARDROPPERS, INC.
Entity Central Index Key	0001615780
Entity Tax Identification Number	20-4168979
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	620 Newport Center Drive
Entity Address, Address Line Two	Suite 1100
Entity Address, Address Line Three	PMB 488
Entity Address, City or Town	Newport Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92660
City Area Code	949
Local Phone Number	751-2173
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		45,920,000

BALANCE SHEETS (Unaudited)

BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Current assets
Cash	$ 73,943	$ 49,473
Lease Payments Receivable – related parties	1,000	1,000
Lease receivable – related party (current portion)	56,883	46,816
Interest receivable - related	3,654	565
Prepaid expenses		4,072
Other receivables	2,000
Total current assets	137,480	101,926
Property and equipment:
Cost	159,202	288,089
Less accumulated depreciation	(100,431)	(185,153)
Property and equipment, net	58,771	102,936
Lease receivable – related party (net)	129,956	168,957
Total Assets	326,207	373,819
Current liabilities
Accounts payable	357,525	319,455
Accounts payable - related parties	397,728	336,081
Customer deposits	14,500	14,500
Contract liability – related party		11,760
Current portion of notes payable	6,257	4,737
Current portion of notes payable – related party	0	35,932
Current portion of right to use asset lease payable – related party	5,370	3,656
Accrued interest – unrelated parties	2,160	566
Line of credit from related party	1,077,578	867,011
Accrued interest payable-related parties	344,476	272,338
Total current liabilities	2,205,594	1,866,036
Long-term liabilities
Note payable	59,121	63,125
Note payable – related party		47,747
Right of use asset Lease Payable – related party	16,480	19,386
Total Long-term liabilities	75,601	130,258
Total Liabilities	2,281,195	1,996,294
Stockholders' Deficit
Preferred stock, par value $0.001, 20,000,000 shares authorized, 0 shares issued shares and outstanding, respectively	0	0
Common stock, par value $0.001, 200,000,000 shares authorized issued 45,920,000 shares issued and outstanding	45,920	45,920
Additional paid in capital	828,558	828,558
Accumulated deficit	(2,829,466)	(2,496,953)
Total Stockholders' Deficit	(1,954,988)	(1,622,475)
Total Liabilities and Stockholders' Deficit	$ 326,207	$ 373,819

BALANCE SHEETS (Unaudited) (Par

BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	45,920,000	45,920,000
Common stock, shares outstanding	45,920,000	45,920,000

STATEMENTS OF OPERATIONS (Unaud

STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended				9 Months Ended
	Sep. 30, 2021		Sep. 30, 2020		Sep. 30, 2021	Sep. 30, 2020
Revenues
Total revenue	$ 1,275		$ 19,275		$ 15,825	$ 51,825
Operating expenses:
Consulting from related parties	36,000		44,300		123,000	104,300
Consulting fees – unrelated parties	10,000		5,000		42,500	35,940
General and administrative	31,854		38,464		118,883	158,094
Professional fees	5,700		1,700		29,513	51,613
Total operating expenses	83,554		89,464		313,896	349,947
Operating loss	(82,279)		(70,189)		(298,071)	(298,122)
Other income (expense):
Interest income – related parties	6,224		6,606		19,879	17,370
Gain on sale of asset	0		0		25,595	0
Interest expense - related parties	(25,382)		(23,188)		(74,979)	(64,851)
Interest expense - unrelated parties	(1,616)		(575)		(4,937)	(575)
Total other income (expense)	(20,774)		(17,157)		(34,442)	(48,056)
Net loss before taxes	(103,053)		(87,346)		(332,513)	(346,178)
Income Tax Provision	0		0		0	0
Net loss	$ (103,053)		$ (87,346)		$ (332,513)	$ (346,178)
Net loss per share
(Basic and fully diluted)	$ 0	[1]	$ 0	[1]	$ (0.01)	$ (0.01)
Weighted average number of common shares outstanding – basic and diluted	45,920,000		45,920,000		45,920,000	45,920,000
Lease Revenue Unrelated Parties [Member]
Revenues
Total revenue	$ 1,275		$ 1,275		$ 3,825	$ 3,825
Lease Revenue Related Parties [Member]
Revenues
Total revenue	0		12,000		12,000	36,000
Consulting Fees Related Party [Member]
Revenues
Total revenue	$ 0		$ 6,000		$ 0	$ 12,000
[1]	denotes a loss of less than $(.01) per share.

STATEMENTS OF CHANGES IN STOCKH

STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2019	$ 45,920	$ 828,558	$ (2,044,055)	$ (1,169,577)
Balance at beginning, shares at Dec. 31, 2019	45,920,000
Net loss for the period			(170,474)	(170,474)
Ending balance, value at Mar. 31, 2020	$ 45,920	828,558	(2,214,529)	(1,340,051)
Balance at ending, shares at Mar. 31, 2020	45,920,000
Net loss for the period			(88,358)	(88,358)
Ending balance, value at Jun. 30, 2020	$ 45,920	828,558	(2,302,887)	(1,428,409)
Balance at ending, shares at Jun. 30, 2020	45,920,000
Net loss for the period			(87,346)	(87,346)
Ending balance, value at Sep. 30, 2020	$ 45,920	828,558	(2,390,233)	(1,515,755)
Balance at ending, shares at Sep. 30, 2020	45,920,000
Beginning balance, value at Dec. 31, 2020	$ 45,920	828,558	(2,496,953)	(1,622,475)
Balance at beginning, shares at Dec. 31, 2020	45,920,000
Net loss for the period			(135,750)	(135,750)
Ending balance, value at Mar. 31, 2021	$ 45,920	828,558	(2,632,703)	(1,758,225)
Balance at ending, shares at Mar. 31, 2021	45,920,000
Net loss for the period			(93,710)	(93,710)
Ending balance, value at Jun. 30, 2021	$ 45,920	828,558	(2,726,413)	(1,851,935)
Balance at ending, shares at Jun. 30, 2021	45,920,000
Net loss for the period			(103,053)	(103,053)
Ending balance, value at Sep. 30, 2021	$ 45,920	$ 828,558	$ (2,829,466)	$ (1,954,988)
Balance at ending, shares at Sep. 30, 2021	45,920,000

STATEMENTS OF CASH FLOWS (Unaud

STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash Flows From Operating Activities:
Net income (loss)	$ (332,513)	$ (346,178)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation	30,778	45,630
Gain on sale of asset	(25,595)	0
Changes in Operating Assets and Liabilities
Increase in lease payments receivable – unrelated party	0	(4,240)
Increase in interest receivable – related parties	(3,089)	0
Decrease in prepaid expenses	4,072	3,254
Decrease in lease receivable – related party	28,934	23,654
Increase in other receivable	(2,000)	0
Increase in accounts payable – unrelated parties	38,070	55,913
Increase in accounts payable – related parties	49,887	(13,000)
Increase in accrued interest – unrelated parties	1,594	0
Increase in accrued interest - related parties	72,138	54,528
Increase in advance lease payments	0	10,006
Net cash used in operating activities	(137,724)	(170,433)
Cash Flows From Investing Activities:
Purchase of vehicle	(36,113)	(69,000)
Sale of asset	75,095	0
Net cash provided by (used in) investing activities	38,982	(69,000)
Cash Flows From Financing Activities:
Principal payments on lease payable – related parties	(1,192)	(2,545)
Proceeds from note payable	0	69,000
Principal payments on note payable – unrelated parties	(2,484)	(337)
Principal payments on note payable – related parties	(83,679)	(23,555)
Proceeds from line of credit to related party	352,744	608,720
Repayments on line of credit to related party	(142,177)	(397,152)
Net cash provided by financing activities	123,212	254,131
Net Increase (Decrease) In Cash	24,470	14,698
Cash At The Beginning Of The Period	49,473	50,035
Cash At The End Of The Period	73,943	64,733
Non-cash investing and financing activities:
Assets transferred in direct financing lease	0	249,500
Cash paid during the period for:
Interest	6,182	10,898
Franchise and income tax	$ 0	$ 0

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS On June 3, 2013, Teardroppers, Inc. (the “Company”), was incorporated under the laws of the state of Nevada. We are in the business of mobile billboard advertising, providing billboard advertising space on custom designed "Teardrop Trailers" and various sizes of cargo type trailers. Teardrop Trailers, are usually designed for short-period accommodations for vacationers and travelers. Teardrop Trailers are designed to be towed behind new and vintage vehicles and pickup trucks. In addition, we own cargo trailers with flat non rivet panel siding that can be used for hauling and transportation. These trailers range in size from 15 feet to 53 feet. We lease these trailers for transportation of goods and for advertising of their respective business or the businesses of lessee clients.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In our opinion the financial statements include all adjustments (consisting of normal recurring accruals) necessary in order to make the financial statements not misleading. Operating results for the nine months ended September 30, 2021 are not necessarily indicative of the final results that may be expected for the year ended December 31, 2021. For more complete financial information, these unaudited financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2020 filed with the SEC. Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Such estimates include management’s assessments of the carrying value of certain assets, useful lives of assets, and related depreciation and amortization methods applied. Cash equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. At September 30, 2021 and December 31, 2020, the Company had no Fair value of financial instruments The Company adopted the provisions of FASB Accounting Standards Codification (“ASC”) 820 (the “Fair Value Topic”) which defines fair value, establishes a framework for measuring fair value under U.S. GAAP, and expands disclosures about fair value measurements. The Fair Value Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. It also establishes a fair value hierarchy, which prioritizes the valuation inputs into three broad levels. The carrying amount of the Company’s financial assets and liabilities, such as cash, accounts payable, accrued expenses, and contract liability approximate their fair value because of the short-term maturity of those instruments. The Company’s note payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at September 30, 2021 and December 31, 2020. The Company had no Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method over the assets estimated useful life of three ( 3 5 7 Revenue recognition On January 1, 2018, the Company adopted the provisions of ASC 606 Revenue from Contracts with Customers, and related Accounting Standards Updates. This new revenue recognition standard has a five step process: a) Determine whether a contract exists; b) Identify the performance obligations; c) Determine the transaction price; d) Allocate the transaction price; and e) Recognize revenue when (or as) performance obligations are satisfied. The impact of the Company’s initial application of ASC 606 did not have a material impact on its financial statements and disclosures. One of the primary sources of revenues are from the rental of advertising space on custom designed Teardrop Trailers, Various types and sizes of cargo trailers, lease revenue and consulting fees. Revenue from advertising space and leases is recognized over time as the performance obligations are met and consulting fees is recognized at a point in time when the performance obligation is met. For the three and nine months ended September 30, 2021 and 2020, the Company recognized no In March 2018, the Company entered into a four-year agreement to lease equipment to an unrelated shareholder. In September 2018, the son of the shareholder became the Chief Financial Officer. At that point the shareholder will be considered a related party. For the three months ended September 30, 2021 and 2020, related party lease income was $ 0 12,000 12,000 36,000 In January 2019, the Company entered into a two-year agreement to lease a vehicle to an unrelated third party. For the three and nine months ended September 30, 2021 and 2020, the Company recognized lease income of $ 1,275 3,825 1,000 On February 1, 2020, the Company leased a truck and trailer purchased November 2019 for $ 190,000 4,610 6,031 14,943 16,795 On September 1, 2020, the Company leased a vehicle for $69,000 to a related party. The lease is classified as a direct financing lease. The lease is reflected on the condensed balance sheet as lease receivable – related party. Interest revenue is reflected on the condensed statement of operations. For the three months ended September 30, 2021 and 2020, the Company recognized interest revenue of $ 1,614 575 4,936 575 In January 2015, the Company received $14,500 as a deposit for advertising space to be provided in the future. As of September 30, 2021 and December 31, 2020, the customer has not utilized the space and no revenue has been recognized as the performance obligations have not been satisfied. At the time the service is provided under the terms of the agreement, the Company will recognize the revenue. Net income (loss) per share The Company computes basic and diluted earnings per share amounts pursuant to ASC 260-10-45. Basic earnings per share is computed by dividing net income (loss) available to common shareholders, by the weighted average number of shares of common stock outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share is computed by dividing net income (loss) available to common shareholders by the diluted weighted average number of shares of common stock during the period. The diluted weighted average number of common shares outstanding is the basic weighted number of shares adjusted as of the first day of the year for any potentially diluted debt or equity. Potentially dilutive securities are excluded from the computation if their effect is in anti-dilutive. There were no Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect and applicable to the Company. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued and not implemented that might have a material impact on its financial position or results of operations.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GOING CONCERN	NOTE 3 – GOING CONCERN The Company's financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The financial statements do not include any adjustment relating to recoverability and classification of recorded amounts of assets and liabilities that might be necessary should the Company be unable to continue as a going concern. The Company has a minimum cash balance available for payment of ongoing operating expenses. As of September 30, 2021, the Company has an accumulated deficit of $ 2,829,466 2,068,114 332,513 137,724

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2021
Property and equipment:
PROPERTY AND EQUIPMENT	NOTE 4 – PROPERTY AND EQUIPMENT Property and equipment consists of the following at September 30, 2021 and December 31, 2020: Property and equipment September 30, 2021 December 31, 2020 Property and equipment, purchased $ 129,113 $ 258,000 Property and equipment, right of use lease 30,089 30,089 Total property and equipment 159,202 288,089 Less: accumulated depreciation (100,431 ) (185,153 ) Property and equipment, net $ 58,771 $ 102,936 Depreciation expense for the three and nine months ended September 30, 2021 and 2020 was $ 7,710 14,155 30,778 45,630 On February 1, 2020, the Company leased a truck and trailer purchased November 2019 for $ 190,000 On April 2, 2021 the Company sold a NASCAR hauler to a related party at a gain of $ 25,595

LEASE RECEIVABLE _ RELATED PART

LEASE RECEIVABLE – RELATED PARTY	9 Months Ended
	Sep. 30, 2021
Lease Receivable Related Party
LEASE RECEIVABLE – RELATED PARTY	NOTE 5 – LEASE RECEIVABLE – RELATED PARTY On November 12, 2019, the company purchased a truck and trailer from a related party for $190,000. On February 1, 2020, the Company leased the asset back to the same related party. The term of the lease is for 48 5,003 22,800 10 197,442 180,500 The undiscounted cash flow principal payments for the remaining term of the lease will be as follows: schedule of future minimum lease receivable 2021 (remainder of year) $ 20,012 2022 60,036 2023 60,036 2024 5,003 Total 145,087 Less deferred interest (23,705 ) Less current portion (49,138 ) Long-term lease receivable $ 72,244 Income from the lease is reflected on the statement of operations as interest income – related parties. For the three and nine months ended September 30, 2021 and 2020, interest income reported on the statements of operations was $ 4,610 6,031 14,943 17,370 On August 1, 2020, the Company purchased a vehicle for $69,000 from a related party and leased it to the same related party. The term of the lease is for 60 1,000 37,000 10 47,065 69,000 The undiscounted cash flow principal payments for the remaining term of the lease will be as follows: Schedule of future minimum lease receivable 2021 (remainder of year) $ 7,000 2022 12,000 2023 12,000 2024 12,000 2025 8,000 Purchase option 37,000 Total 88,000 Less deferred interest (22,543 ) Less current portion (7,745 ) Long-term lease receivable $ 57,712 Income from the lease is reflected on the statement of operations as interest income – related parties. For the three and nine months ended September 30, 2021 and 2020, interest income was reported on the statements of operations of $ 1,614 575 4,936 575

LOAN PAYABLE _ RELATED PARTY

LOAN PAYABLE – RELATED PARTY	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
LOAN PAYABLE – RELATED PARTY	NOTE 6 – LOAN PAYABLE – RELATED PARTY During 2014, the Company entered into a loan agreement with Gemini Southern, LLC whereby the monies paid to the Company by Gemini Southern, LLC pursuant to the consulting agreement dated September 20, 2013. The balance will be paid back with interest commencing on January 1, 2015 at a rate of 10 December 12, 2018 145,632

LINE OF CREDIT FROM RELATED PAR

LINE OF CREDIT FROM RELATED PARTY	9 Months Ended
	Sep. 30, 2021
Line Of Credit From Related Party
LINE OF CREDIT FROM RELATED PARTY	NOTE 7 – LINE OF CREDIT FROM RELATED PARTY On February 25, 2014, the Company entered into a line of credit with DEVCAP Partners, LLC, a California limited liability company (“DEVCAP”), for an amount up to $ 450,000 December 31, 2023 10 320,629 226,385 44,078 27,374 On August 13, 2015, the Company entered into a line of credit with General Pacific Partners, LLC, a California, limited liability company, for an amount up to $ 450,000 10 0 4,732 During 2014, the Company entered into a line of credit agreement with Gemini Southern, LLC. On April 1, 2018, the Company converted $525,000 of debt owed to Gemini Southern, LLC into 4,375,000 shares of stock. Gemini Southern, LLC will be treated as a related party for all activity from the date of the conversion forward. The line of credit is a demand loan with a maximum of $ 950,000 10 756,949 640,626 149,448 94,600

LONG-TERM LIABILITIES _ RELATED

LONG-TERM LIABILITIES – RELATED PARTY	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
LONG-TERM LIABILITIES – RELATED PARTY	NOTE 8 – LONG-TERM LIABILITIES – RELATED PARTY On October 1, 2017, the Company acquired from Gemini Southern, LLC a 2006 Ultra-Comp 53” NASCAR type vehicle transport hauler (the “Hauler”) to be used for promotional / advertising services. The purchase price of the Hauler was $ 165,000 12 83,679 75,095 25,595 On December 22, 2018, the Company leased a vehicle from the majority shareholder. The term of the lease is 84 months with payments of $423 per month. At the end of the lease the Company can purchase the vehicle for $2,500. As of September 30, 2021, it is reasonably expected that the Company will exercise the purchase option. The value of the asset and corresponding liability at the date of inception was $ 30,089 6.649 21,850 23,042 Future lease payments will be as follows: Future lease payments 2021 (remainder of year) $ 3,385 2022 5,078 2023 5,078 2024 5,078 Thereafter 7,155 Total payments 25,774 Less deferred interest (3,924 ) Total liability 21,850 Less current portion (5,370 ) Long-term lease liability $ 16,480 There are no commitments or contingencies related to the long-term liabilities that are not disclosed above.

OTHER RELATED PARTY TRANSACTION

OTHER RELATED PARTY TRANSACTIONS and RELATED PARTY ACOUNTS PAYABLE	9 Months Ended
	Sep. 30, 2021
Related Party Transactions [Abstract]
OTHER RELATED PARTY TRANSACTIONS and RELATED PARTY ACOUNTS PAYABLE	NOTE 9 – OTHER RELATED PARTY TRANSACTIONS and RELATED PARTY ACOUNTS PAYABLE Consulting expense to related party (DEVCAP Partners, LLC) On January 1, 2014, the Company executed a three-year consulting agreement with DEVCAP Partners, LLC, (“DEVCAP”), whereby the Company agreed to pay $7,500 a month for consulting services to be provided to the Company such as marketing, architectural development, accounting, finance, corporate structure and tax planning. Effective July 1, 2019, the agreement was transferred to FinTekk AP, LLC (“FinTekk”). All amounts due to DEVCAP and all future services will be assumed by FinTekk. For the three and nine months ended September 30, 2021 and 2020, the Company recorded consulting fee expense of $ 22,500 67,500 265,335 243,825 Consulting expense to related party (Cody Ware) On January 1, 2019, the Company entered into a verbal consulting agreement with its Chief Executive Officer, Cody Ware, whereby the Company agreed to pay $1,500 per month for consulting services related to his duties as Chief Executive Officer. Effective May 1, 2020, the consulting fee was increased to $4,500 per month. For the three and nine months ended September 30, 2021, the Company recorded consulting fee expense of $ 13,500 40,500 13,500 28,500 36,000 3,000 Consulting expense to related party (Robert Wilson) On January 1, 2014, the Company entered into a verbal consulting agreement with its Chief Financial Officer, Robert Wilson, whereby the Company agreed to pay $2,500 per quarter for consulting services related to his duties as Chief Financial Officer. Mr. Wilson resigned effective April 1, 2017. The amount due but unpaid was $ 17,500 Consulting expense to related party (Ray Gerrity) On January 1, 2014, the Company entered into a verbal consulting agreement with its Chief Executive Officer, Ray Gerrity, whereby the Company agreed to pay $2,500 per quarter for consulting services related to his duties as Chief Executive Officer. Mr. Gerrity resigned his position effective March 31, 2018. The amount due but unpaid was $ 32,500 Expense reimbursements The majority shareholder of the Company pays certain ongoing operating costs from personal funds and is periodically reimbursed. As of September 30, 2021, and December 31, 2020, the amount due to the shareholder was $ 34,633 29,250 Sale of asset In March 2018, the Company entered into a four-year agreement to lease equipment to a related party. On April 2, 2021 when the lease expired, the Company sold the asset to the related party for $ 75,095 25,595

STOCKHOLDERS_ DEFICIT

STOCKHOLDERS’ DEFICIT	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
STOCKHOLDERS’ DEFICIT	NOTE 10 – STOCKHOLDERS’ DEFICIT At the time of incorporation, the Company was authorized to issue 10,000 shares of common stock and 1,000 shares of preferred stock with a par value of $0.001. The Company amended its articles of incorporation in April 2016 to increase its authorized shares to 200,000,000 20,000,000 0.001

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The Company’s financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). The accompanying financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In our opinion the financial statements include all adjustments (consisting of normal recurring accruals) necessary in order to make the financial statements not misleading. Operating results for the nine months ended September 30, 2021 are not necessarily indicative of the final results that may be expected for the year ended December 31, 2021. For more complete financial information, these unaudited financial statements should be read in conjunction with the audited financial statements for the year ended December 31, 2020 filed with the SEC.
Use of estimates	Use of estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates. Such estimates include management’s assessments of the carrying value of certain assets, useful lives of assets, and related depreciation and amortization methods applied.
Cash equivalents	Cash equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be cash equivalents. At September 30, 2021 and December 31, 2020, the Company had no
Fair value of financial instruments	Fair value of financial instruments The Company adopted the provisions of FASB Accounting Standards Codification (“ASC”) 820 (the “Fair Value Topic”) which defines fair value, establishes a framework for measuring fair value under U.S. GAAP, and expands disclosures about fair value measurements. The Fair Value Topic defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. It also establishes a fair value hierarchy, which prioritizes the valuation inputs into three broad levels. The carrying amount of the Company’s financial assets and liabilities, such as cash, accounts payable, accrued expenses, and contract liability approximate their fair value because of the short-term maturity of those instruments. The Company’s note payable approximates the fair value of such instruments based upon management’s best estimate of interest rates that would be available to the Company for similar financial arrangements at September 30, 2021 and December 31, 2020. The Company had no
Property and equipment	Property and equipment Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method over the assets estimated useful life of three ( 3 5 7
Revenue recognition	Revenue recognition On January 1, 2018, the Company adopted the provisions of ASC 606 Revenue from Contracts with Customers, and related Accounting Standards Updates. This new revenue recognition standard has a five step process: a) Determine whether a contract exists; b) Identify the performance obligations; c) Determine the transaction price; d) Allocate the transaction price; and e) Recognize revenue when (or as) performance obligations are satisfied. The impact of the Company’s initial application of ASC 606 did not have a material impact on its financial statements and disclosures. One of the primary sources of revenues are from the rental of advertising space on custom designed Teardrop Trailers, Various types and sizes of cargo trailers, lease revenue and consulting fees. Revenue from advertising space and leases is recognized over time as the performance obligations are met and consulting fees is recognized at a point in time when the performance obligation is met. For the three and nine months ended September 30, 2021 and 2020, the Company recognized no In March 2018, the Company entered into a four-year agreement to lease equipment to an unrelated shareholder. In September 2018, the son of the shareholder became the Chief Financial Officer. At that point the shareholder will be considered a related party. For the three months ended September 30, 2021 and 2020, related party lease income was $ 0 12,000 12,000 36,000 In January 2019, the Company entered into a two-year agreement to lease a vehicle to an unrelated third party. For the three and nine months ended September 30, 2021 and 2020, the Company recognized lease income of $ 1,275 3,825 1,000 On February 1, 2020, the Company leased a truck and trailer purchased November 2019 for $ 190,000 4,610 6,031 14,943 16,795 On September 1, 2020, the Company leased a vehicle for $69,000 to a related party. The lease is classified as a direct financing lease. The lease is reflected on the condensed balance sheet as lease receivable – related party. Interest revenue is reflected on the condensed statement of operations. For the three months ended September 30, 2021 and 2020, the Company recognized interest revenue of $ 1,614 575 4,936 575 In January 2015, the Company received $14,500 as a deposit for advertising space to be provided in the future. As of September 30, 2021 and December 31, 2020, the customer has not utilized the space and no revenue has been recognized as the performance obligations have not been satisfied. At the time the service is provided under the terms of the agreement, the Company will recognize the revenue.
Net income (loss) per share	Net income (loss) per share The Company computes basic and diluted earnings per share amounts pursuant to ASC 260-10-45. Basic earnings per share is computed by dividing net income (loss) available to common shareholders, by the weighted average number of shares of common stock outstanding during the period, excluding the effects of any potentially dilutive securities. Diluted earnings per share is computed by dividing net income (loss) available to common shareholders by the diluted weighted average number of shares of common stock during the period. The diluted weighted average number of common shares outstanding is the basic weighted number of shares adjusted as of the first day of the year for any potentially diluted debt or equity. Potentially dilutive securities are excluded from the computation if their effect is in anti-dilutive. There were no
Recently issued accounting pronouncements	Recently issued accounting pronouncements The Company has implemented all new accounting pronouncements that are in effect and applicable to the Company. These pronouncements did not have any material impact on the financial statements unless otherwise disclosed, and the Company does not believe that there are any other new accounting pronouncements that have been issued and not implemented that might have a material impact on its financial position or results of operations.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2021
Property and equipment:
Property and equipment	Property and equipment September 30, 2021 December 31, 2020 Property and equipment, purchased $ 129,113 $ 258,000 Property and equipment, right of use lease 30,089 30,089 Total property and equipment 159,202 288,089 Less: accumulated depreciation (100,431 ) (185,153 ) Property and equipment, net $ 58,771 $ 102,936

LEASE RECEIVABLE _ RELATED PA_2

LEASE RECEIVABLE – RELATED PARTY (Tables)	9 Months Ended
	Sep. 30, 2021
Sale Leaseback Transaction [Line Items]
Schedule of future minimum lease receivable	Schedule of future minimum lease receivable 2021 (remainder of year) $ 7,000 2022 12,000 2023 12,000 2024 12,000 2025 8,000 Purchase option 37,000 Total 88,000 Less deferred interest (22,543 ) Less current portion (7,745 ) Long-term lease receivable $ 57,712
Truck And Trailer [Member]
Sale Leaseback Transaction [Line Items]
Schedule of future minimum lease receivable	schedule of future minimum lease receivable 2021 (remainder of year) $ 20,012 2022 60,036 2023 60,036 2024 5,003 Total 145,087 Less deferred interest (23,705 ) Less current portion (49,138 ) Long-term lease receivable $ 72,244

LONG-TERM LIABILITIES _ RELAT_2

LONG-TERM LIABILITIES – RELATED PARTY (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Future lease payments	Future lease payments 2021 (remainder of year) $ 3,385 2022 5,078 2023 5,078 2024 5,078 Thereafter 7,155 Total payments 25,774 Less deferred interest (3,924 ) Total liability 21,850 Less current portion (5,370 ) Long-term lease liability $ 16,480

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Cash Equivalents	$ 0		$ 0			$ 0
Fair value of assets/liabilities	0		0			0
Lease receivable	1,000		1,000			$ 1,000
[custom:InterestRevenue]	4,610	$ 6,031	14,943	$ 16,795
Interest and Other Income	$ 1,614	$ 575	$ 4,936	$ 575
Potentially dilutive shares outstanding	0	0	0	0
Leased Vehicle [Member]
Property, Plant and Equipment [Line Items]
Revenues from contracts with customers	$ 1,275	$ 1,275	$ 3,825	$ 3,825
Trailer Rental [Member]
Property, Plant and Equipment [Line Items]
Revenues from contracts with customers	0	0	0	0
Equipment Lease [Member]
Property, Plant and Equipment [Line Items]
Revenues from related parties	$ 0	$ 12,000	$ 12,000	$ 36,000
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives			3 years
Automobiles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives			5 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful lives			7 years
Freightliner And Featherlite [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Additions					$ 190,000

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated deficit	$ 2,829,466		$ 2,829,466		$ 2,496,953
Working capital			2,068,114
Net loss	$ 103,053	$ 87,346	332,513	$ 346,178
Net Cash Provided by (Used in) Operating Activities			$ 137,724	$ 170,433

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Property and equipment:
Property and equipment, purchased	$ 129,113	$ 258,000
Property and equipment, right of use lease	30,089	30,089
Total property and equipment	159,202	288,089
Less: accumulated depreciation	(100,431)	(185,153)
Property and equipment, net	$ 58,771	$ 102,936

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2019	Apr. 02, 2021
Property, Plant and Equipment [Line Items]
Depreciation expense	$ 7,710	$ 14,155	$ 30,778	$ 45,630
Related party gain						$ 25,595
Freightliner And Featherlite [Member]
Property, Plant and Equipment [Line Items]
Property and equipment additions					$ 190,000

LEASE RECEIVABLE - RELATED PART

LEASE RECEIVABLE - RELATED PARTY (Details)	Sep. 30, 2021USD ($)
Truck And Trailer [Member]
Sale Leaseback Transaction [Line Items]
2021 (remainder of year)	$ 20,012
2022	60,036
2023	60,036
2024	5,003
Total	145,087
Less deferred interest	(23,705)
Less current portion	(49,138)
Long-term lease receivable	72,244
Vehicle [Member]
Sale Leaseback Transaction [Line Items]
2021 (remainder of year)	7,000
2022	12,000
2023	12,000
2024	12,000
Total	88,000
Less deferred interest	(22,543)
Less current portion	(7,745)
Long-term lease receivable	57,712
2025	8,000
Purchase option	$ 37,000

LEASE RECEIVABLE _ RELATED PA_3

LEASE RECEIVABLE – RELATED PARTY (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Aug. 01, 2020	Feb. 01, 2020
Loans and Leases Receivable Disclosure [Line Items]
Interest income related party	$ 4,610	$ 6,031	$ 14,943	$ 17,370
Interest and Other Income	$ 1,614	$ 575	$ 4,936	$ 575
Truck And Trailer [Member]
Loans and Leases Receivable Disclosure [Line Items]
Lease payment						$ 5,003
Vehicle [Member]
Loans and Leases Receivable Disclosure [Line Items]
Lease payment					$ 1,000
Truck And Trailer [Member]
Loans and Leases Receivable Disclosure [Line Items]
Lease term						48 months
Right to purchase asset						$ 22,800
Lease discount interest rate						10.00%
Present value of lease						$ 197,442
Initial net book value of leased asset						$ 180,500
Vehicle [Member]
Loans and Leases Receivable Disclosure [Line Items]
Lease term					60 months
Right to purchase asset					$ 37,000
Lease discount interest rate					10.00%
Present value of lease					$ 47,065
Initial net book value of leased asset					$ 69,000

LOAN PAYABLE _ RELATED PARTY (D

LOAN PAYABLE – RELATED PARTY (Details Narrative) - Gemini Southern [Member] - USD ($)	Jan. 01, 2015	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Debt stated interest rate	10.00%
Maturity date	Dec. 12, 2018
Accrued interest		$ 145,632	$ 145,632

LINE OF CREDIT FROM RELATED P_2

LINE OF CREDIT FROM RELATED PARTY (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Line of Credit Facility [Line Items]
Credit line balance	$ 1,077,578	$ 867,011
Accrued interest	2,160	566
FinTekk AP, LLC [Member]
Line of Credit Facility [Line Items]
Line of credit maximum amount	$ 450,000
Maturity date	Dec. 31, 2023
Interest rate	10.00%
Credit line balance	$ 320,629	226,385
Accrued interest	44,078	27,374
General Pacific Partners [Member]
Line of Credit Facility [Line Items]
Line of credit maximum amount	$ 450,000
Interest rate	10.00%
Credit line balance	$ 0	0
Accrued interest	4,732	4,732
Gemini Southern [Member]
Line of Credit Facility [Line Items]
Line of credit maximum amount	$ 950,000
Interest rate	10.00%
Accrued interest	$ 149,448	94,600
Gemini Southern [Member] | Gemini Southern [Member]
Line of Credit Facility [Line Items]
Credit line balance	$ 756,949	$ 640,626

LONG-TERM LIABILITIES - RELATED

LONG-TERM LIABILITIES - RELATED PARTY (Details)	Sep. 30, 2021USD ($)
Debt Disclosure [Abstract]
2021 (remainder of year)	$ 3,385
2022	5,078
2023	5,078
2024	5,078
Thereafter	7,155
Total payments	25,774
Less deferred interest	(3,924)
Total liability	21,850
Less current portion	(5,370)
Long-term lease liability	$ 16,480

LONG-TERM LIABILITIES _ RELAT_3

LONG-TERM LIABILITIES – RELATED PARTY (Details Narrative) - USD ($)	3 Months Ended
	Apr. 02, 2021	Sep. 30, 2021	Dec. 31, 2020	Dec. 22, 2018	Oct. 01, 2017
Debt Instrument [Line Items]
Note payable balance		$ 59,121	$ 63,125
Proceeds from Sale of Productive Assets	$ 75,095
Gain (Loss) on Disposition of Other Assets	$ 25,595
Operating lease liability		$ 21,850	23,042
Hauler Note [Member]
Debt Instrument [Line Items]
Debt face amount					$ 165,000
Debt stated interest rate					12.00%
Note payable balance			$ 83,679
Other Vehicle [Member]
Debt Instrument [Line Items]
Debt stated interest rate				6.649%
Right of use asset				$ 30,089

OTHER RELATED PARTY TRANSACTI_2

OTHER RELATED PARTY TRANSACTIONS and RELATED PARTY ACOUNTS PAYABLE (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Related Party Transaction [Line Items]
Consulting fees to related party	$ 36,000	$ 44,300	$ 123,000	$ 104,300
Accounts payable - related parties	397,728		397,728		$ 336,081
Sale of asset			75,095
Gain on sale of asset			25,595
FinTekk AP, LLC [Member]
Related Party Transaction [Line Items]
Consulting fees to related party		22,500		67,500
Accounts payable - related parties	265,335		265,335		243,825
Cody Ware [Member]
Related Party Transaction [Line Items]
Consulting fees to related party	13,500	$ 13,500	40,500	$ 28,500
Accounts payable - related parties	36,000		36,000		3,000
Wilson [Member]
Related Party Transaction [Line Items]
Accounts payable - related parties	17,500		17,500		17,500
Gerrity [Member]
Related Party Transaction [Line Items]
Accounts payable - related parties	32,500		32,500		32,500
Majority Shareholder [Member]
Related Party Transaction [Line Items]
Accounts payable - related parties	$ 34,633		$ 34,633		$ 29,250

STOCKHOLDERS_ DEFICIT (Details

STOCKHOLDERS’ DEFICIT (Details Narrative) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Equity [Abstract]
Common Stock, Shares Authorized	200,000,000	200,000,000
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001