Veroni Brands (VONI) 10-K 15 Apr 22 2021 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2021	Apr. 13, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2021
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-56015
Entity Registrant Name	VERONI BRANDS CORP.
Entity Central Index Key	0001693690
Entity Tax Identification Number	81-4664596
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	2275 Half Day Rd.
Entity Address, Address Line Two	Suite 346
Entity Address, City or Town	Bannockburn
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60015
City Area Code	(888)
Local Phone Number	794-2999
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 3,891,351
Entity Common Stock, Shares Outstanding		28,282,028
Documents Incorporated by Reference [Text Block]	N/A
ICFR Auditor Attestation Flag	false
Auditor Firm ID	2738
Auditor Name	M&K CPAS, PLLC
Auditor Location	Houston, TX

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current Assets
Cash & equivalents	$ 4,091	$ 116,730
Accounts Receivable, net allowance for doubtful accounts of $0 and $0, respectively	9,941	14,303
Contract Receivables with recourse	48,125	793,904
Inventory	7,724	550,657
Prepaid expenses and other current assets	103,369	5,524
Total Current Assets	173,250	1,481,118
Other Assets
Deposits	9,310	9,310
Right-of-use asset-operating, net	19,163	74,721
Total Other Assets	28,473	84,031
Total Assets	201,723	1,565,149
Current Liabilities
Accounts payable	98,776	68,869
Accounts payable related party	606,580	783,417
Contract receivables liability with recourse	39,897	649,502
Accrued liabilities	148,174	134,137
Paycheck protection loans (PPP)	14,977	56,250
Contract liabilities	8,800	74,800
Short-Term lease liability-operating	15,134	56,939
Total Current Liabilities	932,338	1,823,914
Long-term Liabilities
Economic injury disaster loan (EIDL)	150,000	149,900
Long-Term lease liability-operating		15,134
Total Long-Term Liabilities	150,000	165,034
Total Liabilities	1,082,338	1,988,948
STOCKHOLDERS’ DEFICIT
Preferred Stock, $0.0001 par value; 20,000,000 shares authorized; none outstanding as of December 31, 2021 and 2020
Common Stock, $0.0001 par value; 100,000,000 shares authorized; 27,382,029 and 27,085,029 shares issued and outstanding as of December 31, 2021 and 2020, respectively	2,739	2,709
Additional paid-in capital	1,209,320	959,600
ACCUMULATED DEFICIT	(2,092,674)	(1,386,108)
Total Stockholders’ Deficit	(880,615)	(423,799)
Total Liabilities and Stockholders’ Deficit	$ 201,723	$ 1,565,149

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Accounts Receivable, Allowance for Credit Loss, Current	$ 0	$ 0
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	27,382,029	27,085,029
Common Stock, Shares, Outstanding	27,382,029	27,085,029

Statements of Operations

Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue, net	$ 3,205,063	$ 5,581,764
Cost of sales, related party	1,690,690	3,961,711
Cost of sales	872,398	464,722
Total cost of sales	2,563,088	4,426,433
Gross profit	641,975	1,155,331
Warehouse and selling expenses	311,688	359,399
General and administrative expenses	1,251,034	1,175,040
Total operating expenses	1,562,722	1,534,439
Net income (loss) from operations	(920,747)	(379,108)
Other income (expense)
Interest expense	(10,722)
PPP loan forgiveness	38,551
Factory reimburse for recall expense	184,848
Other income	1,504
Total other income (expense)	214,181
Income (loss) before income taxes	(706,566)	(379,108)
Income taxes
Net income (loss)	$ (706,566)	$ (379,108)
Net income (loss) per share:
Basic and diluted	$ (0.03)	$ (0.01)
Weighted average shares outstanding:
Basic and diluted	27,107,887	27,062,042

Statement of Changes in Stockho

Statement of Changes in Stockholders' Equity (Deficit) - USD ($)	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2019		$ 2,674	$ 699,635	$ (1,007,000)	$ (304,691)
Balance, shares at Dec. 31, 2019		26,738,362
Issuance of common stock for services		$ 6	44,994		45,000
Issuance of common stock for services, shares		60,000
Conversion of promissary note to common stock		$ 29	214,971		215,000
Conversion of promissory note to common stock, shares		286,667
Net loss for the year				(379,108)	(379,108)
Issuance of common stock for services – related party
Balance at Dec. 31, 2020		$ 2,709	959,600	(1,386,108)	(423,799)
Balance, shares at Dec. 31, 2020		27,085,029
Issuance of common stock for services		$ 3	47,247		47,250
Issuance of common stock for services, shares		27,000
Net loss for the year				(706,566)	(706,566)
Issuance of common stock for services – related party		$ 27	202,473		202,500
Issuance of common stock for services – related party, shares		270,000
Balance at Dec. 31, 2021		$ 2,739	$ 1,209,320	$ (2,092,674)	$ (880,615)
Balance, shares at Dec. 31, 2021		27,382,029

Statements of Cash Flow

Statements of Cash Flow - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flow from operating activities:
Net Loss	$ (706,566)	$ (379,108)
Adjustments to reconcile net loss to net cash used in operating activities:
Common stock issued for service	47,250
Common stock issued for service – related party	202,500
PPP loan forgiveness	(38,551)
Changes in:
Trade accounts receivable	4,362	117,387
Allowance for doubtful accounts		(2,125)
Contract receivables	745,779	760,606
Prepaid expenses and other current assets	(97,845)	50,490
Inventory	542,933	59,990
Accounts payable	29,907	(115,792)
Accounts payable related party	(176,837)	235,806
Accrued liabilities	14,037	(80,679)
Contract liabilities	(66,000)	(68,233)
ROU asset/liability	(1,381)	(4,364)
Net cash used in operating activities	499,588	573,978
Cash flows from financing activities:
Repayment of notes payable-related party		(62,371)
Proceeds of notes payable-related party		20,000
Proceeds from PPP loans		56,250
Repayment of PPP loans	(2,722)
Proceeds from issuance of Economic Injury Disaster loan	100	150,000
Proceeds from issuance of common stock		45,000
Proceeds from (repayment of) contract receivables with recourse	(609,605)	(765,137)
Net cash provided by financing activities	(612,227)	(556,258)
Net change in cash	(112,639)	17,720
Cash at the beginning of the year	116,730	99,010
Cash at the end of the year	4,091	116,730
Supplemental disclosure of cash flow information:
Interest	1,569
Non-cash investing and financing activities Conversion of promissory note debt discount		$ 215,000

Nature of Operations and Financ

Nature of Operations and Financial Condition	12 Months Ended
	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Financial Condition	Note 1 - Nature of Operations and Financial Condition Veroni Brands Corp. (the “Company”) was incorporated on December 7, 2016 under the laws of the state of Delaware to engage in any lawful corporate undertaking, including, but not limited to, selected mergers and acquisition. The Company has been formed to acquire, operate, develop, grow and import premium European products into the U.S. market. Veroni Brands was created to search out desirable premium products across Europe and make them accessible to discerning consumers in the U.S. Veroni Brands strives to import the extraordinary and delight its consumers with experiences that had previously only been attainable in Europe. In January 2018, the Company became an exclusive importer and distributor of “Iron Energy” by Mike Tyson. The beverage became available to consumers in select Chicago area markets in May 2018 in three different flavors such as “Mojito,” “Zero Sugar” and “Original.” During 2019, the Company built the distribution of the Iron Energy product nationwide. Beginning in February 2019, the Company expanded its import and distribution network with the distribution of chocolate products and significantly grew its sales and distribution volumes. The Company entered into long term supply agreements with major U.S national retailers to import chocolate products under “Private Label Brands” that are currently being sold in over 20,000 retail locations across the U.S. The Company takes pride in the variety of consumer products it imports and is proud to share them with its consumers nationwide. The Company’s recent expansion of the import and distribution of snacks, chocolate and chocolate related products that are currently being sold to U.S. national retailers presents the Company with a substantial growth opportunity to introduce to its retail partners to many other consumer products and to increase its network of retailers. Going Concern The Company has generated revenue this year of approximately $ 3.2 million and incurred a net loss of $ 706,566 for the year ending December 31, 2021 and has an accumulated deficit of $ 2,092,674 since its inception. As of December 31, 2021, the Company had a cash balance available of approximately $ 4,091 and working capital of ($ 759,089 ) which is not sufficient to meet its operating requirements for the next twelve months. Therefore, the Company’s ability to continue as a going concern is dependent on its ability to grow its revenue and generate sufficient cash flows from operations to meet its obligations and/or obtaining additional financing from its shareholders or other sources, as may be required. In addition to importing products from ZWC Millano, the Company has recently established relationships with other European manufacturers that can manufacture wide range of “panned” products, meaning those that are coated with a sugar syrup and/or chocolate, such as nuts, raisin, pretzels, fruits and many other “panned” and healthy snacks items as well as chocolate bars, multi-flavor truffles, sticks, chocolate cups, 5-bites, chocolate covered gummies, chocolate Easter eggs, custom Christmas chocolate figures as well as Advent calendars and many other products to support demand of the Company’s national retailers. The Company is continuing to evaluate various financing options in order to continue the funding of the expansion of its operations, the products being offered and its customer base. The accompanying financial statements have been prepared assuming that the Company will continue as a going concern; however, the above condition raises substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classifications of liabilities that may result should the Company be unable to continue as a going concern. VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Reclassifications Certain reclassifications have been made in the 2020 financial statements to conform to the 2021 presentation. These reclassifications have no effect on net loss for 2020. Advertising The Company’s policy is to expense advertising costs as incurred. Advertising expense for the year ending December 31, 2021 and 2020 is $ 4,231 30,935 Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant items subject to such estimates and assumptions include the carrying amount of inventory and associated reserves, and allowances and reserves in regards to receivables and revenue. Actual results could differ from those estimates. Revenue Recognition The Company’s significant accounting policy for revenue was updated as a result of the adoption of ASU Topic 606. The Company has adopted the new standard on January 1, 2019 and has used the modified retrospective method. The majority of the Company’s business is ship and bill. Based on our analysis, the Company did not identify a cumulative effect adjustment to retained earnings at December 31, 2018. The Company recognizes revenue in accordance with the five-step model as prescribed by ASU 606 in which the Company evaluates the transfer of promised goods or services and recognizes revenue when its customer obtains control of promised goods or services in an amount that reflects the consideration which the Company expects to be entitled to receive in exchange for those goods or services. To determine revenue recognition for the arrangements that the Company determines are within the scope of ASU 606, the Company performs the following five steps: (1) identify the contract(s) with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract and (5) recognize revenue when (or as) the entity satisfies a performance obligation. See Note 12 for revenue disaggregated by product line. The Company recognizes revenue from the sale of products when title and risk of loss passes and the customer accepts the goods, which generally occurs at the time of delivery to a customer warehouse. Customer sales incentives such as volume-based rebates or discounts are treated as a reduction of sales at the time the sale is recognized. Shipping and handling costs are treated as fulfillment costs and presented in warehouse and selling expenses. Payments that are received before performance obligations are recorded are shown as current liabilities. Cash and Cash Equivalents Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less. Shipping Costs Costs associated with shipping product to customers aggregating approximately $ 234,422 206,052 VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020 Concentration of Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did no Note 2 – Summary of Significant Accounting Policies (Continued) Accounts Receivable and Concentration of Credit Risk Accounts receivable are recorded at the invoiced amounts less an allowance for doubtful accounts. The allowance for doubtful accounts is based on the Company’s estimate of the amount of probable credit losses in its accounts receivable. The Company determines the allowance for doubtful accounts based upon an aging of accounts receivable, historical experience and management judgment. Accounts receivable balances are periodically reviewed for collectability, and balances are charged off against the allowance when the Company determines that the potential for recovery is remote. An allowance for doubtful accounts of approximately $- 0 and $- 0 - is reserved as of December 31, 2021 and 2020, respectively. We are exposed to credit risk in the normal course of business, primarily related to accounts receivable. To limit credit risk, management periodically reviews and evaluates the financial condition of its customers and maintains an allowance for doubtful accounts. For the year ended December 31, 2021, we had one customer who comprised approximately 97 46,795 100 9,941 57 617,272 100 14,303 For the year ended December 31, 2021, we had two customers with sales in excess of 10% of our revenue and they represented 77 65 One of these customers had sales of approximately $ 1,211,000 2,405,000 VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020 Distribution Agreements and Supplier Concentration At the beginning of 2019, the Company established relationships with other European manufacturers that can manufacture a wide range of “panned” products such as nuts, raisin, pretzels, fruits and many other “panned” and healthy snacks items, as well as chocolate bars, multi-flavor truffles, sticks, chocolate cups, 5-bites, chocolate covered gummies, chocolate Easter eggs, custom Christmas chocolate figures as well as Advent calendars and many other products to support demand from the Company’s national retailers. Note 2 – Summary of Significant Accounting Policies (Continued) Vendor Concentration Currently, the Company is sourcing all its chocolate products and snacks from the Millano Group, a related party. The Company has not entered into a distributor agreement but is currently negotiating an agreement with Millano Group. The Company, due to relationships with other European manufacturers could find other sources to replace its chocolate and snack products if the Company were to terminate Millano Group as it’s suppler for chocolate products. Total purchases in 2021 and 2020 were approximately $ 1,690,690 3,961,711 100 100 Income Taxes Under ASC 740, Income Taxes, be realized. As of December 31, 2021 and 2020, there were no net deferred tax assets, as the Company established a 100% valuation allowance, due to the uncertainty of the realization of net operating loss carryforwards prior to their expiration. Loss Per Common Share Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2021 and 2020, there are no Fair Value of Financial Instruments The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments. The carrying amounts of the Company’s financial instruments, which include cash and cash equivalents and accounts payable approximate their fair values at December 31, 2021 and 2020 due to their short-term nature and management’s belief that their carrying amounts approximate the amount for which the assets could be sold or the liabilities could be settled. VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020 Note 2 – Summary of Significant Accounting Policies (Continued) Share-Based Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity–Based Payments to Non-Employees Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. In that update, ASC 505 has been rescinded in its entirety and share based compensation issued to nonemployees will now fall under ASC 718 and its associated fair value measurements. Due to the Emerging Growth Company (see below) status of the Company, the Company has adopted the update on January 1, 2020. Emerging Growth Company The Company has elected to be an emerging growth company as defined under the Jumpstart Our Business Startups Act of 2012 (“Jobs Act”). Included with this election, the Company has also elected to use the provisions within the Jobs Act that allow companies that go public to continue to use the private company adoption date rules for new accounting policies. Should the Company obtain revenues in excess of $1 billion on an annual basis, have its non-affiliated market capitalization increase to over $700 million as of the last day of its second quarter, or raise in excess of $1 billion in public offerings of its equity or instruments directly convertible into its equity, it will forfeit its status under the Jobs Act as an emerging growth company. Recent Accounting Pronouncements In January 2017, the FASB issued ASU 2017-04, Intangibles Goodwill and Other Simplifying the Test for Goodwill Impairment. VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020

Inventory

Inventory	12 Months Ended
	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventory	Note 3 – Inventory Finished Goods inventory consist of chocolates, and related products imported from Poland and is stated at the lower of actual cost (first-in, first-out method) or net realizable value. Inventory cost includes all freight (ocean, air and truck) costs to the warehouse, import duties, regulatory and miscellaneous fees. Inventory is as follows: Schedule of Inventory December 31, 2021 December 31, 2020 Finished goods – in warehouse $ 7,724 $ 550,657

Prepaid Expenses

Prepaid Expenses	12 Months Ended
	Dec. 31, 2021
Prepaid Expenses
Prepaid Expenses	Note 4 – Prepaid Expenses Prepaid inventory The Company’s foreign suppliers will generally require that the Company pay in advance of an inventory shipment to it from Europe. The Company’s current agreement with FoodCare includes provisions in which title for the inventory passes upon FoodCare loading the product onto truck transport for delivery to the seaport in Poland. Amounts transferred to the Company’s suppliers to secure future delivery, but prior to transfer of title of those shipments, are recorded as prepaid inventory and are included in prepaid expenses and other current assets. Schedule of Prepaid Expenses December 31, 2021 December 31, 2020 Prepaid services $ - $ 5,524 Prepaid Packaging 28,318 - Prepaid inventory 75,051 - Total prepaid expenses $ 103,369 $ 5,524

Notes Payable Other

Notes Payable Other	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Notes Payable Other	Note 5 – Notes Payable Other Under the Small Business Administration (“SBA”), the Company applied for the Paycheck Protection Program (“PPP”) loan. These loans are forgiven if used for payroll, payroll benefits, including health insurance and retirement plans, as well as certain rent payments, leases, and utility payments, which are limited to 40% of the loan proceeds, all of which if paid within either 8 weeks or 24 weeks of the receipt of the loan proceeds 38,550 of principal and $ 558 of interest on May 1, 2021 The unforgiven portion will be repaid over 6 months with a maturity date of May 4, 2022 1% The PPP loan has a loan balance of $ 14,977 as December 31, 2021.

Contract Receivables Liability

Contract Receivables Liability with Recourse	12 Months Ended
	Dec. 31, 2021
Contract Receivables Liability With Recourse
Contract Receivables Liability with Recourse	Note 6 – Contract Receivables Liability with Recourse On February 21, 2019, the Company entered into a factoring agreement with Advance Business Capital d/b/a Interstate Capital for a term of one year. On September 11, 2019, the lender (now doing business as Triumph Business Capital), entered into an amended agreement with the Company which lowered the interest rate charged by the lender from 0.49 5.5 3 39,897 649,502 VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020

Long Term Debt

Long Term Debt	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Long Term Debt	Note 7 – Long Term Debt On August 27, 2020 the Company received an Economic Injury Disaster Loan (EIDL) from the U.S. Small Business Administration SBA) in the amount of $ 150,000 The interest rate is 3.75 731 8/27/2050 150,000 The maturity of the EIDL loan as of December 31, 2021 is as follows: Schedule of Maturities of Long Term Debt 2022 $ - 2023 2,181 2024 3,285 2025 3,410 2026 3,540 Thereafter 137,584 Long term debt $ 150,000

Stockholders_ Equity

Stockholders’ Equity	12 Months Ended
	Dec. 31, 2021
Equity [Abstract]
Stockholders’ Equity	Note 8 – Stockholders’ Equity The Board of Directors is authorized to issue preferred stock by series that will establish the number of shares to be included and fix the designation, powers, preferences and rights of the shares each such series and the qualifications, limitations or restrictions thereof. At December 31, 2021, the Company has not established any series of preferred stock. The Company is authorized to issue 100,000,000 20,000,000 From January 1 to December 31, 2020 the Company issued 60,000 45,000 286,667 215,000 From January 1 to December 31, 2021 the Company issued 27,000 shares of common stock in consideration of cash proceeds of $ 47,250 . During 2021, the Company accrued share-based compensation of 270,000 At December 31, 2021, the Company has no outstanding options or warrants.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Related Party Transactions	Note 9 – Related Party Transactions During 2018, two significant shareholders of the Company advanced the Company $ 157,059 155,000 due on or before August 1, 2019 2,059 1,000 61,000 6,276 14,726 The due date for the second shareholder note was extended to be due on or before August 1, 2020 78,000 17,000 4,370 1,000 2,311 Schedule of Related Party Transaction December 31, 2021 December 31, 2020 Loans $ $ Accounts payable - - Total related party $ - $ - VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020 During the year ended December 31, 2020, one of the significant shareholders paid certain expenses on behalf of the Company from time to time. These amounts were repaid during the year and no amount was owed to the shareholder at December 31, 2020. The Company is purchasing all of its chocolate products from Millano Group, a related party (controlled by the father of a major shareholder), and owed $ 606,580 783,417 See Note 8 – Stockholders’ Equity for the issuance of shares of common stock to a related party.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 10 – Income Taxes The Company follows the guidance of FASB ASC 740-10 which relates to the Accounting for Uncertainty in Income Taxes Significant components of the Company’s deferred tax assets were as follows for the year ended December 31, 2021 and 2020: Schedule of Deferred Tax Assets December 31, 2021 December 31, 2020 Deferred tax assets: Net operating loss carryforward $ 471,065 $ 321,981 Total deferred tax assets $ 471,065 $ 321,981 Deferred tax liabilities - - Total deferred tax liabilities - - Net deferred tax assets (liabilities) 471,065 321,981 Less valuation allowance (471,065 ) (321,981 ) Net deferred tax assets (liabilities) $ - $ - At December 31, 2021 the Company had net operating loss carryforwards for federal and state income tax purposes of approximately $ 1,787,567 2037 Schedule of Income Tax Expense (Benefit) 2021 2020 Total current $ $ Total deferred $ - $ - Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The following is a reconciliation of the expected statutory federal income tax provision (21 percent) to the actual income tax benefit for the years ended December 31, 2021 and 2020: Schedule of Reconciliation of Income Tax Provision 2021 2020 Federal statutory rate (benefit) $ (110,000 ) $ (80,000 ) State tax (benefit), net of federal benefits (39,000 ) (28,000 ) Permanent differences - - Change in valuation allowance 149,000 108,000 Effective tax rates reconciliation $ - $ - VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020 Under ASC 740, Income Taxes, deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of December 31, 2021 and 2020, there were no

Office Lease

Office Lease	12 Months Ended
	Dec. 31, 2021
Office Lease
Office Lease	Note 11– Office Lease On February 4, 2020, the Company entered into a sublease for office space located in Bannockburn, Illinois, with an unrelated third party. The sublease terminates on May 31, 2022 55,860 57,536 59,262 61,040 53,031 53,031 9,310 19,196 15,134 In determining the present value of our operating lease right-of-use asset and liability, we used a discount rate of 5 .42 The annual rent per the sublease is as follows: Schedule of Annual Rent Sublease 2022 15,110 Sublease annual rental total $ 15,110

Revenue

Revenue	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue	Note 12– Revenue During the year ended December 31, 2021, the Company had two customers whose sales accounted for approximately 77 The following table presents revenues by product line for the years ended December 31: Schedule of Revenue by Product Line 2021 2020 Chocolate $ 3,205,063 $ 5,581,645 Energy drinks $ - $ 119 Totals $ 3,205,063 $ 5,581,764 VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 13– Commitments and Contingencies The Company’s operations are subject to the Federal Food, Drug and Cosmetic Act; the Bioterrorism Act; and regulations created by the U.S. Food and Drug Administration (“FDA”). The FDA regulates manufacturing and holding requirements for foods, specifies the standards of identity for certain foods and prescribes the format and content of certain information that must appear on food product labels. In addition, the published applicable rules under the Food Safety Modernization Act (“FSMA”) regulates food products imported into the United States and provides the FDA with mandatory recall authority. For the purchase of products harvested or manufactured outside the United States, and for the shipment of products to customers located outside of the United States, the Company is subject to customs laws regarding the import and export of shipments. The Company’s activities, including working with customs brokers and freight forwarders, are subject to regulation by U.S. Customs and Border Protection, part of the Homeland Security. On June 17, 2020, The Scale Effect Company d/b/a Mant Logistics filed an amended complaint in the United States District Court for the Northern District of Illinois naming as defendants the Company, Baron Chocolatier, Inc. and two significant shareholders of the Company. The action was originally against Baron Chocolatier only, alleging that Baron did not pay for shipping and logistics services in the amount of $ 277,233 In March 2021, Crossmark Inc. initial a lawsuit in the Circuit Court of Cook County, Illinois, against the Company, seeking to collect payment for services rendered. The Company had entered into an agreement with Crossmark to promote the sale of the Iron Energy products which the Company had distributed. Crossmark alleges that $ 100,000 100,000

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 14 – Subsequent Events On February 1, 2022, the Company’s Chief Executive Officer, Igor Gabal, was issued (i) 270,000 900,000 450,000 90,000

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Reclassifications	Reclassifications Certain reclassifications have been made in the 2020 financial statements to conform to the 2021 presentation. These reclassifications have no effect on net loss for 2020.
Advertising	Advertising The Company’s policy is to expense advertising costs as incurred. Advertising expense for the year ending December 31, 2021 and 2020 is $ 4,231 30,935
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant items subject to such estimates and assumptions include the carrying amount of inventory and associated reserves, and allowances and reserves in regards to receivables and revenue. Actual results could differ from those estimates.
Revenue Recognition	Revenue Recognition The Company’s significant accounting policy for revenue was updated as a result of the adoption of ASU Topic 606. The Company has adopted the new standard on January 1, 2019 and has used the modified retrospective method. The majority of the Company’s business is ship and bill. Based on our analysis, the Company did not identify a cumulative effect adjustment to retained earnings at December 31, 2018. The Company recognizes revenue in accordance with the five-step model as prescribed by ASU 606 in which the Company evaluates the transfer of promised goods or services and recognizes revenue when its customer obtains control of promised goods or services in an amount that reflects the consideration which the Company expects to be entitled to receive in exchange for those goods or services. To determine revenue recognition for the arrangements that the Company determines are within the scope of ASU 606, the Company performs the following five steps: (1) identify the contract(s) with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract and (5) recognize revenue when (or as) the entity satisfies a performance obligation. See Note 12 for revenue disaggregated by product line. The Company recognizes revenue from the sale of products when title and risk of loss passes and the customer accepts the goods, which generally occurs at the time of delivery to a customer warehouse. Customer sales incentives such as volume-based rebates or discounts are treated as a reduction of sales at the time the sale is recognized. Shipping and handling costs are treated as fulfillment costs and presented in warehouse and selling expenses. Payments that are received before performance obligations are recorded are shown as current liabilities.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash on hand and on deposit at banking institutions as well as all highly liquid short-term investments with original maturities of 90 days or less.
Shipping Costs	Shipping Costs Costs associated with shipping product to customers aggregating approximately $ 234,422 206,052 VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020
Concentration of Risk	Concentration of Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company places its cash with high quality banking institutions. The Company did no Note 2 – Summary of Significant Accounting Policies (Continued)
Accounts Receivable and Concentration of Credit Risk	Accounts Receivable and Concentration of Credit Risk Accounts receivable are recorded at the invoiced amounts less an allowance for doubtful accounts. The allowance for doubtful accounts is based on the Company’s estimate of the amount of probable credit losses in its accounts receivable. The Company determines the allowance for doubtful accounts based upon an aging of accounts receivable, historical experience and management judgment. Accounts receivable balances are periodically reviewed for collectability, and balances are charged off against the allowance when the Company determines that the potential for recovery is remote. An allowance for doubtful accounts of approximately $- 0 and $- 0 - is reserved as of December 31, 2021 and 2020, respectively. We are exposed to credit risk in the normal course of business, primarily related to accounts receivable. To limit credit risk, management periodically reviews and evaluates the financial condition of its customers and maintains an allowance for doubtful accounts. For the year ended December 31, 2021, we had one customer who comprised approximately 97 46,795 100 9,941 57 617,272 100 14,303 For the year ended December 31, 2021, we had two customers with sales in excess of 10% of our revenue and they represented 77 65 One of these customers had sales of approximately $ 1,211,000 2,405,000 VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020
Distribution Agreements and Supplier Concentration	Distribution Agreements and Supplier Concentration At the beginning of 2019, the Company established relationships with other European manufacturers that can manufacture a wide range of “panned” products such as nuts, raisin, pretzels, fruits and many other “panned” and healthy snacks items, as well as chocolate bars, multi-flavor truffles, sticks, chocolate cups, 5-bites, chocolate covered gummies, chocolate Easter eggs, custom Christmas chocolate figures as well as Advent calendars and many other products to support demand from the Company’s national retailers. Note 2 – Summary of Significant Accounting Policies (Continued)
Vendor Concentration	Vendor Concentration Currently, the Company is sourcing all its chocolate products and snacks from the Millano Group, a related party. The Company has not entered into a distributor agreement but is currently negotiating an agreement with Millano Group. The Company, due to relationships with other European manufacturers could find other sources to replace its chocolate and snack products if the Company were to terminate Millano Group as it’s suppler for chocolate products. Total purchases in 2021 and 2020 were approximately $ 1,690,690 3,961,711 100 100
Income Taxes	Income Taxes Under ASC 740, Income Taxes, be realized. As of December 31, 2021 and 2020, there were no net deferred tax assets, as the Company established a 100% valuation allowance, due to the uncertainty of the realization of net operating loss carryforwards prior to their expiration.
Loss Per Common Share	Loss Per Common Share Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of December 31, 2021 and 2020, there are no
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows guidance for accounting for fair value measurements of financial assets and financial liabilities and for fair value measurements of nonfinancial items that are recognized or disclosed at fair value in the financial statements on a recurring basis. Additionally, the Company adopted guidance for fair value measurement related to nonfinancial items that are recognized and disclosed at fair value in the financial statements on a nonrecurring basis. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to measurements involving significant unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 3 inputs are unobservable inputs for the asset or liability. The carrying amounts of financial assets such as cash approximate their fair values because of the short maturity of these instruments. The carrying amounts of the Company’s financial instruments, which include cash and cash equivalents and accounts payable approximate their fair values at December 31, 2021 and 2020 due to their short-term nature and management’s belief that their carrying amounts approximate the amount for which the assets could be sold or the liabilities could be settled. VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020 Note 2 – Summary of Significant Accounting Policies (Continued)
Share-Based Compensation	Share-Based Compensation The Company accounts for stock-based compensation issued to non-employees and consultants in accordance with the provisions of ASC 505-50, Equity–Based Payments to Non-Employees Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. In that update, ASC 505 has been rescinded in its entirety and share based compensation issued to nonemployees will now fall under ASC 718 and its associated fair value measurements. Due to the Emerging Growth Company (see below) status of the Company, the Company has adopted the update on January 1, 2020.
Emerging Growth Company	Emerging Growth Company The Company has elected to be an emerging growth company as defined under the Jumpstart Our Business Startups Act of 2012 (“Jobs Act”). Included with this election, the Company has also elected to use the provisions within the Jobs Act that allow companies that go public to continue to use the private company adoption date rules for new accounting policies. Should the Company obtain revenues in excess of $1 billion on an annual basis, have its non-affiliated market capitalization increase to over $700 million as of the last day of its second quarter, or raise in excess of $1 billion in public offerings of its equity or instruments directly convertible into its equity, it will forfeit its status under the Jobs Act as an emerging growth company.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2017, the FASB issued ASU 2017-04, Intangibles Goodwill and Other Simplifying the Test for Goodwill Impairment. VERONI BRANDS CORP. Notes to Financial Statements December 31, 2021 and 2020

Inventory (Tables)

Inventory (Tables)	12 Months Ended
	Dec. 31, 2021
Inventory Disclosure [Abstract]
Schedule of Inventory	Schedule of Inventory December 31, 2021 December 31, 2020 Finished goods – in warehouse $ 7,724 $ 550,657

Prepaid Expenses (Tables)

Prepaid Expenses (Tables)	12 Months Ended
	Dec. 31, 2021
Prepaid Expenses
Schedule of Prepaid Expenses	Schedule of Prepaid Expenses December 31, 2021 December 31, 2020 Prepaid services $ - $ 5,524 Prepaid Packaging 28,318 - Prepaid inventory 75,051 - Total prepaid expenses $ 103,369 $ 5,524

Long Term Debt (Tables)

Long Term Debt (Tables)	12 Months Ended
	Dec. 31, 2021
Debt Disclosure [Abstract]
Schedule of Maturities of Long Term Debt	The maturity of the EIDL loan as of December 31, 2021 is as follows: Schedule of Maturities of Long Term Debt 2022 $ - 2023 2,181 2024 3,285 2025 3,410 2026 3,540 Thereafter 137,584 Long term debt $ 150,000

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2021
Related Party Transactions [Abstract]
Schedule of Related Party Transaction	Schedule of Related Party Transaction December 31, 2021 December 31, 2020 Loans $ $ Accounts payable - - Total related party $ - $ -

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets	Significant components of the Company’s deferred tax assets were as follows for the year ended December 31, 2021 and 2020: Schedule of Deferred Tax Assets December 31, 2021 December 31, 2020 Deferred tax assets: Net operating loss carryforward $ 471,065 $ 321,981 Total deferred tax assets $ 471,065 $ 321,981 Deferred tax liabilities - - Total deferred tax liabilities - - Net deferred tax assets (liabilities) 471,065 321,981 Less valuation allowance (471,065 ) (321,981 ) Net deferred tax assets (liabilities) $ - $ -
Schedule of Income Tax Expense (Benefit)	Schedule of Income Tax Expense (Benefit) 2021 2020 Total current $ $ Total deferred $ - $ -
Schedule of Reconciliation of Income Tax Provision	Schedule of Reconciliation of Income Tax Provision 2021 2020 Federal statutory rate (benefit) $ (110,000 ) $ (80,000 ) State tax (benefit), net of federal benefits (39,000 ) (28,000 ) Permanent differences - - Change in valuation allowance 149,000 108,000 Effective tax rates reconciliation $ - $ -

Office Lease (Tables)

Office Lease (Tables)	12 Months Ended
	Dec. 31, 2021
Office Lease
Schedule of Annual Rent Sublease	The annual rent per the sublease is as follows: Schedule of Annual Rent Sublease 2022 15,110 Sublease annual rental total $ 15,110

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Schedule of Revenue by Product Line	The following table presents revenues by product line for the years ended December 31: Schedule of Revenue by Product Line 2021 2020 Chocolate $ 3,205,063 $ 5,581,645 Energy drinks $ - $ 119 Totals $ 3,205,063 $ 5,581,764

Nature of Operations and Fina_2

Nature of Operations and Financial Condition (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Revenues	$ 3,200,000
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	706,566	$ 379,108
Retained Earnings (Accumulated Deficit)	2,092,674	1,386,108
Cash and Cash Equivalents, at Carrying Value	4,091	$ 116,730
Working capital	$ 759,089

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Product Information [Line Items]
Advertising expense	$ 4,231	$ 30,935
Shipping costs	234,422	206,052
Cash balances in excess of FDIC	0	0
Accounts Receivable, Allowance for Credit Loss	0	0
Revenue	$ 3,205,063	$ 5,581,764
Valuation allowances description	As of December 31, 2021 and 2020, there were no net deferred tax assets, as the Company established a 100% valuation allowance, due to the uncertainty of the realization of net operating loss carryforwards prior to their expiration.
Dilutive securities	0	0
Emerging growth company description	The Company has elected to be an emerging growth company as defined under the Jumpstart Our Business Startups Act of 2012 (“Jobs Act”). Included with this election, the Company has also elected to use the provisions within the Jobs Act that allow companies that go public to continue to use the private company adoption date rules for new accounting policies. Should the Company obtain revenues in excess of $1 billion on an annual basis, have its non-affiliated market capitalization increase to over $700 million as of the last day of its second quarter, or raise in excess of $1 billion in public offerings of its equity or instruments directly convertible into its equity, it will forfeit its status under the Jobs Act as an emerging growth company.
Chocolate [Member]
Product Information [Line Items]
Revenue	$ 3,205,063	$ 5,581,645
Revenue Benchmark [Member]
Product Information [Line Items]
Revenue	$ 1,211,000	$ 2,405,000
One Customer [Member] | Contract Receivable [Member] | Customer Concentration Risk [Member]
Product Information [Line Items]
Concentration risk percentage	97.00%	57.00%
Contract receivable	$ 46,795	$ 617,272
Two Customer [Member] | Accounts Receivable [Member] | Customer Concentration Risk [Member]
Product Information [Line Items]
Concentration risk percentage	100.00%	100.00%
Accounts receivable	$ 9,941
Two Customer [Member] | Revenue Benchmark [Member] | Customer Concentration Risk [Member]
Product Information [Line Items]
Concentration risk percentage	77.00%
Two Customer [Member] | Accounts Receivable [Member] | Customer Concentration Risk [Member]
Product Information [Line Items]
Contract receivable		$ 14,303
Three Customers [Member] | Revenue Benchmark [Member] | Customer Concentration Risk [Member]
Product Information [Line Items]
Concentration risk percentage	77.00%	65.00%
Vendor [Member] | Revenue Benchmark [Member] | Supplier Concentration Risk [Member] | Chocolate [Member]
Product Information [Line Items]
Concentration risk percentage	100.00%	100.00%
Revenue	$ 1,690,690	$ 3,961,711

Schedule of Inventory (Details)

Schedule of Inventory (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Inventory [Line Items]
Finished goods – in warehouse	$ 7,724	$ 550,657
Finished Goods In Warehouse [Member]
Inventory [Line Items]
Finished goods – in warehouse	$ 7,724	$ 550,657

Schedule of Prepaid Expenses (D

Schedule of Prepaid Expenses (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Prepaid Expenses
Prepaid services		$ 5,524
Prepaid Packaging	28,318
Prepaid inventory	75,051
Total prepaid expenses	$ 103,369	$ 5,524

Notes Payable Other (Details Na

Notes Payable Other (Details Narrative) - Paycheck Protection Program [Member] - USD ($)	May 01, 2020	Dec. 31, 2021
Short-term Debt [Line Items]
Loans Receivable, Description of Variable Rate Basis		These loans are forgiven if used for payroll, payroll benefits, including health insurance and retirement plans, as well as certain rent payments, leases, and utility payments, which are limited to 40% of the loan proceeds, all of which if paid within either 8 weeks or 24 weeks of the receipt of the loan proceeds
Debt Instrument, Debt Default, Amount	$ 38,550
Interest Expense, Debt	$ 558
Mturity date		May 4, 2022
Interest rate		1.00%
Loans Payable		$ 14,977

Contract Receivables Liabilit_2

Contract Receivables Liability with Recourse (Details Narrative) - USD ($)	Sep. 11, 2019	Dec. 31, 2021	Dec. 31, 2020
Advance Business Capital LLC [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Amount payable on advances against receivables		$ 39,897	$ 649,502
Lender [Member] | Amended Agreement [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Interest rate	0.49%
Changes in interest rate	3.00%
Lender [Member] | Amended Agreement [Member] | Prime Rate [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]
Changes in interest rate	5.50%

Schedule of Maturities of Long

Schedule of Maturities of Long Term Debt (Details)	Dec. 31, 2021USD ($)
Debt Disclosure [Abstract]
2022
2023	2,181
2024	3,285
2025	3,410
2026	3,540
Thereafter	137,584
Long term debt	$ 150,000

Long Term Debt (Details Narrati

Long Term Debt (Details Narrative) - USD ($)	Aug. 27, 2020	Dec. 31, 2021
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Proceeds from company		$ 150,000
SBA Loan Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Principal amount of loan	$ 150,000
Debt instrument including principal and interest	The interest rate is 3.75% with payments of $731 beginning twelve month from the date of the loan
Interest accrues rate per annum	3.75%
Debt instrument, periodic payment	$ 731
Debt maturity date	Aug. 27, 2050

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized	100,000,000	100,000,000
Preferred stock, shares authorized	20,000,000	20,000,000
Stock Issued During Period, Value, Issued for Services	$ 47,250	$ 45,000
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock Issued During Period, Shares, Issued for Services	27,000	60,000
Stock Issued During Period, Value, Issued for Services	$ 3	$ 6
Common Stock [Member] | Igor Gabal [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares issued, share based compensation	270,000
Common Stock [Member] | Promissory Note [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during the period conversion of stock		286,667
Stock issued during the period conversion of stock		$ 215,000
Common Stock [Member] | Consideration of Services [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issuance of common stock for cash, shares		60,000
Issuance of common stock for cash		$ 45,000
Stock Issued During Period, Shares, Issued for Services	27,000
Stock Issued During Period, Value, Issued for Services	$ 47,250

Schedule of Related Party Trans

Schedule of Related Party Transaction (Details) - Related Parties [Member] - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
Total related party
Loans [Member]
Related Party Transaction [Line Items]
Total related party
Accounts Payable [Member]
Related Party Transaction [Line Items]
Total related party

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	1 Months Ended		12 Months Ended
	Dec. 31, 2020	Jan. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2021
Millano Group [Member]
Due to related party	$ 783,417				$ 606,580
Two Significant Shareholders [Member] | Two Individual Notes [Member]
Due to related party				$ 157,059
Debt instrument face amount				$ 155,000
Debt instrument maturity date, description				due on or before August 1, 2019
Debt instrument, periodic payment				$ 2,059
Interest payable				1,000
One Significant Shareholder [Member] | Promissory Note One [Member]
Repayments of notes payable				$ 61,000
Shareholder [Member] | Paid Expenses of Company [Member]
Due to related party			$ 6,276
Shareholder [Member] | Paid Liabilities of Company [Member]
Due to related party			14,726
Second Shareholder [Member] | Promissory Note Two [Member]
Due to related party			17,000
Debt instrument maturity date, description		The due date for the second shareholder note was extended to be due on or before August 1, 2020
Repayments of notes payable	$ 2,311		78,000
Loans payable			4,370
Unpaid interest			$ 1,000

Schedule of Deferred Tax Assets

Schedule of Deferred Tax Assets (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 471,065	$ 321,981
Total deferred tax assets	471,065	321,981
Deferred tax liabilities
Total deferred tax liabilities
Net deferred tax assets (liabilities)	471,065	321,981
Less valuation allowance	(471,065)	(321,981)
Net deferred tax assets (liabilities)

Schedule of Income Tax Expense

Schedule of Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Total current
Total deferred

Schedule of Reconciliation of I

Schedule of Reconciliation of Income Tax Provision (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Federal statutory rate (benefit)	$ (110,000)	$ (80,000)
State tax (benefit), net of federal benefits	(39,000)	(28,000)
Permanent differences
Change in valuation allowance	149,000	108,000
Effective tax rates reconciliation

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Net operating loss carryforward	$ 1,787,567
Net operating loss carryforwards expiration date	2037
Deferred tax assets

Schedule of Annual Rent Subleas

Schedule of Annual Rent Sublease (Details)	Dec. 31, 2021USD ($)
Office Lease
2022	$ 15,110
Sublease annual rental total	$ 15,110

Office Lease (Details Narrative

Office Lease (Details Narrative) - USD ($)	Feb. 04, 2020	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Lease termination date	May 31, 2022
Rent expenses		$ 53,031	$ 53,031
Security deposit		9,310
Right of use asset and related liability		$ 19,196	$ 15,134
Operating lease right-of-use asset and liability, discount rate		5.00%
Operating lease right-of-use asset and liability, remaining term		5 months 1 day
First Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rent expenses		$ 55,860
Second Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rent expenses		57,536
Third Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rent expenses		59,262
Last Year [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Rent expenses		$ 61,040

Schedule of Revenue by Product

Schedule of Revenue by Product Line (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Totals	$ 3,205,063	$ 5,581,764
Chocolate [Member]
Disaggregation of Revenue [Line Items]
Totals	3,205,063	5,581,645
Energy Drinks [Member]
Disaggregation of Revenue [Line Items]
Totals		$ 119

Revenue (Details Narrative)

Revenue (Details Narrative)	12 Months Ended
	Dec. 31, 2021
Two Customer [Member] | Revenue Benchmark [Member] | Customer Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Sales revenue percentage	77.00%

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative) - USD ($)	Jun. 17, 2020	Mar. 31, 2021	Dec. 31, 2020
Shipping and logistics services	$ 277,233
Crossmark Inc [Member]
Attorneys' fees		$ 100,000
Reserve liability			$ 100,000

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Common Stock [Member] - Igor Gabal [Member] - USD ($)	Feb. 01, 2022	Dec. 31, 2021
Subsequent Event [Line Items]
Shares issued, share based compensation		270,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Shares issued, share based compensation	270,000
Shares issued, shares	900,000
Subsequent Event [Member] | Maximum [Member]
Subsequent Event [Line Items]
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold	$ 450,000
Subsequent Event [Member] | Minimum [Member]
Subsequent Event [Line Items]
Salary and Wage, NonOfficer, Excluding Cost of Good and Service Sold	$ 90,000