American Picture House (APHP) 10-Q 14 Nov 23 2023 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2023	Nov. 05, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	000-56586
Entity Registrant Name	American Picture House Corporation
Entity Central Index Key	0001771995
Entity Tax Identification Number	85-4154740
Entity Incorporation, State or Country Code	WY
Entity Address, Address Line One	555 Madison Avenue 5FL
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10022
City Area Code	1-800
Local Phone Number	689-6885
Entity Current Reporting Status	No
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		107,740,991

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2023	Dec. 31, 2022	[1]
Current Assets
Cash and cash equivalents	$ 531,393	$ 31,573
Accounts receivable		344,924
Prepaid expenses	51,684	32,862
Other receivables	180	347
Total Current Assets	621,382	409,776
Produced and licensed content costs	158,508	121,355
Intangible assets, net of accumulated amortization of $250	8,750
IMM loans receivable, net of allowance of $366,387
Prepaid expenses, non-current	21,000
TOTAL ASSETS	809,640	531,131
Current Liabilities
Accounts payable and accrued expenses	141,350	273,699
Deferred revenue, current portion		35,000
Interest payable	14,492	10,288
Total Current Liabilities	155,842	448,987
Economic injury disaster loan, non-current	149,900	149,900
Total Liabilities	305,742	598,887
Stockholders’ Equity (Deficit):
Common Stock $0.0001 par value. 1,000,000,000 authorized. 108,715,991 and 100,735,159 issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.	471,472	470,673
Preferred Stock $0.0001 par value. 1,000,000 authorized. 3,829 issued and outstanding as of September 30, 2023 and December 31, 2022, respectively.
Subscription receivable
Additional paid in capital	4,642,318	3,116,949
Accumulated deficit	(4,609,892)	(3,655,378)
Total Stockholders’ Equity (Deficit)	503,898	(67,756)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	809,640	531,131
Related Party [Member]
Current Assets
Receivable - related party	38,125	70
Current Liabilities
Payable to related parties		130,000
Interest payable
Note payable - related party
[1]Derived from audited information

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net of accumulated amortization	$ 6,211,469
Net of allowance for loans receivable	$ 366,387	$ 366,387
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	108,715,991	100,735,159
Common stock, shares outstanding	108,715,991	100,735,159
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	3,829	3,829
Preferred stock, shares outstanding	3,829	3,829
Website Development Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets, net of accumulated amortization	$ 250

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Consulting revenues		$ 115,000	$ 169,111	$ 115,000
Cost of revenues		1,426	36,701	1,426
Gross profit		113,574	132,410	113,574
Operating Expenses:
General and administrative:	495,257	103,849	1,073,980	310,639
Research and development expenses	8,803		8,803
Total Operating Expenses	504,060	103,849	1,082,783	310,639
Net Operating Loss	(504,060)	9,725	(950,373)	(197,065)
Other Income (Expenses):
Interest income	340		2,793
Interest expense	(2,993)	(1,550)	(6,934)	(5,178)
Net Other Income (Expenses)	(2,653)	(1,550)	(4,141)	(5,178)
Loss before income taxes	(506,713)	8,175	(954,514)	(202,243)
Income taxes
Net loss	$ (506,713)	$ 8,175	$ (954,514)	$ (202,243)
Net loss per common share - Basic	$ 0	$ 0	$ (0.01)	$ 0
Net loss per common share - Diluted	$ 0	$ 0	$ (0.01)	$ 0
Weighted average shares used in per share computation - Basic	107,740,991	98,735,159	103,083,257	91,735,159
Weighted average shares used in per share computation - Diluted	107,740,991	98,735,159	103,083,257	91,735,159

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Stock Subscription Receivable [Member]	Total
Balance at Dec. 31, 2021	$ 470,173		$ 2,792,449	$ (3,569,622)		$ (307,000)
Balance, shares at Dec. 31, 2021	95,735,159	3,829
Net Income (Loss)				(69,235)		(69,235)
Balance at Mar. 31, 2022	$ 470,173		2,792,449	(3,638,857)		(376,235)
Balance, shares at Mar. 31, 2022	95,735,159	3,829
Balance at Dec. 31, 2021	$ 470,173		2,792,449	(3,569,622)		(307,000)
Balance, shares at Dec. 31, 2021	95,735,159	3,829
Net Income (Loss)						(202,243)
Balance at Sep. 30, 2022	$ 470,473		3,092,149	(3,771,865)		(209,243)
Balance, shares at Sep. 30, 2022	98,735,159	3,829
Balance at Mar. 31, 2022	$ 470,173		2,792,449	(3,638,857)		(376,235)
Balance, shares at Mar. 31, 2022	95,735,159	3,829
Net Income (Loss)				(141,183)		(141,183)
Conversion of notes payable and interest payable to related party to Common Stock and assumpton of Liabilites by related party for Common Stock	$ 300		299,700			300,000
Conversion of notes payable and interest payable to related party to Common Stock and assumpton of Liabilites by related party for Common Stock, shares	3,000,000
Balance at Jun. 30, 2022	$ 470,473		3,092,149	(3,780,040)		(217,418)
Balance, shares at Jun. 30, 2022	98,735,159	3,829
Net Income (Loss)				8,175		8,175
Balance at Sep. 30, 2022	$ 470,473		3,092,149	(3,771,865)		(209,243)
Balance, shares at Sep. 30, 2022	98,735,159	3,829
Balance at Dec. 31, 2022	$ 470,673		3,116,949	(3,655,378)		(67,756)	[1]
Balance, shares at Dec. 31, 2022	100,735,159	3,829
Conversion of accrued liabilities totaling $105,000 into options to purchase 1,160,221 shares of Common Stock			105,000			105,000
Net Income (Loss)				(52,339)		(52,339)
Balance at Mar. 31, 2023	$ 470,673		3,221,949	(3,707,717)		(15,095)
Balance, shares at Mar. 31, 2023	100,735,159	3,829
Balance at Dec. 31, 2022	$ 470,673		3,116,949	(3,655,378)		(67,756)	[1]
Balance, shares at Dec. 31, 2022	100,735,159	3,829
Net Income (Loss)						(954,514)
Balance at Sep. 30, 2023	$ 471,472		4,642,318	(4,609,892)		503,898
Balance, shares at Sep. 30, 2023	108,715,991	3,829
Balance at Mar. 31, 2023	$ 470,673		3,221,949	(3,707,717)		(15,095)
Balance, shares at Mar. 31, 2023	100,735,159	3,829
Net Income (Loss)				(395,462)		(395,462)
Common stock issued for services	$ 17		24,983			25,000
Common stock issued for services, shares	166,667
Issuance of Common Stock	$ 334		499,666		(40,166)	459,834
Issuance of common stock, shares	3,333,328
Balance at Jun. 30, 2023	$ 471,024		3,746,598	(4,103,179)	(40,166)	74,277
Balance, shares at Jun. 30, 2023	104,235,154	3,829
Net Income (Loss)				(506,713)		(506,713)
Common stock issued for services	$ 67		133,266			133,333
Common stock issued for services, shares	666,667
Issuance of Common Stock	$ 381		762,454		40,166	803,001
Issuance of common stock, shares	3,814,170
Balance at Sep. 30, 2023	$ 471,472		$ 4,642,318	$ (4,609,892)		$ 503,898
Balance, shares at Sep. 30, 2023	108,715,991	3,829
[1]Derived from audited information

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2023	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Shares price	$ 0.20	$ 0.15

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash Flows from Operating Activities:
Net Income (Loss)	$ (954,514)	$ (202,243)
Adjustments to Reconcile Net Income (Loss) to Net Cash Flows from Operating Activities:
Reserve for uncollectible receivable	193,932
Common Stock issued for services	158,333
Amortization expense	250
Change in operating assets and liabilities:
Accounts receivable	150,992
Prepaid expenses	(39,822)	(5,356)
Other receivables	(37,888)
Accounts payable and accrued expenses	(27,349)	182,139
Payable to related party	(130,000)
Deferred revenue	(35,000)	36,250
Net Cash Flows from Operating Activities	(716,862)	15,286
Cash Flows from Investing Activities:
Produced and licensed costs	(37,153)	(102,724)
Intangible assets	(9,000)
Net Cash Flows from Investing Activities	(46,153)	(102,724)
Cash Flows from Financing Activities:
Proceeds from debt borrowings - related parties	178,500	112,760
Repayment of debt borrowings - related parties	(178,500)	(66,260)
Proceeds from sale of Common Stock	1,262,835
Net Cash Flows from Financing Activities	1,262,835	46,500
Net Increase in Cash and Cash Equivalents	499,820	(40,938)
Cash and Cash Equivalents, Beginning of Period	31,573	101,289
Cash and Cash Equivalents, End of Period	531,393	60,351
Non-cash Financing and Investing Activities:
Conversion of accrued expenses into options to purchase Common Stock	105,000
Conversion of note payable to related parties and accrued interest to Common Stock		300,000
Common Stock issued for services	158,333	0
Related Party [Member]
Change in operating assets and liabilities:
Interest payable		292
EIDL Loan [Member]
Change in operating assets and liabilities:
Interest payable	$ 4,204	$ 4,204

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS American Picture House Corporation. (“the Company,” “we” “us”) was incorporated in the State of Nevada on September 21, 2005, originally under the corporate name of Servinational, Inc. The Company subsequently changed its name to Shikisai International, Inc. in November 2005 and then to Life Design Station, Intl., Inc. in August 2007. The Company changed its state of domicile from Nevada to Wyoming on October 13, 2020. On December 4, 2020, the Company changed its name to American Picture House Corporation. The Board of Directors approved a 50:1 reverse stock split Following the reverse stock split, on September 13, 2021, the Company adopted an amendment to the Company’s Articles of Incorporation to reduce the number of authorized shares from 4,700,000,000 0.0001 1,000,000,000 0.0001 As of October 11, 2023, the Company has 1,001,000,000 1,000,000,000 1,000,000 The Company’s year-end is December 31.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements have been prepared in accordance with the Financial Accounting Standards Board (“ FASB Codification GAAP Principles of Consolidation The condensed consolidated financial statements of the Company include the accounts of American Picture House Corporation and its wholly owned subsidiaries, Devil’s Half-Acre, LLC and Ask Christine Productions, LLC. Management’s Representation of Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary for a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto on December 31, 2022, as presented in the Company’s Recent Form 10 filing. Going Concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these financial statements. As of September 30, 2023, the Company had working capital of $ 465,540 4,609,892 Because the Company does not expect that the existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Recently the Company has been funded by related party shareholders and officers. Historically, the Company raised capital through private placements, to finance working capital needs and may attempt to raise capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to do so until its operations become profitable. Also, the Company has, in the past, paid for consulting services with its common stock to maximize working capital, and intends to continue this practice where feasible. Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of 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. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amount of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. Revenue recognition Revenue from entertainment content creation will be recognized under the using the five-step approach required under the guidelines of ASC 606: 1. Identify the contract with the client, 2. Identify the performance obligations in the contract, 3. Determine the transaction price, 4. Allocate the transaction price to performance obligations in the contract 5. Recognize revenues when or as the Company satisfies a performance obligation Prepaid expenses Prepaid expenses are amounts paid to secure the use of assets or the receipt of services at a future date or continuously over one or more future periods. When the prepaid expenses are eventually consumed, they are charged to expense. Prepaid expenses expected to be charged to expense in the next twelve months are reported as current assets. Prepaid expenses are recorded at fair market value. The balance of prepaid expenses was: SCHEDULE OF PREPAID EXPENSES September 30, 2023 December 31, 2022 Prepaid expenses, current $ 51,684 $ 32,862 Prepaid expenses, non-current 21,000 - Prepaid expenses $ 72,684 $ 32,862 Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. As of September 30, 2023, and December 31, 2022, the Company had $ 531,393 31,573 Intangible Assets - Website Development Costs The Company accounts for website development costs in accordance with Accounting Standards Codification 350-50 “Website Development Costs” (ASC 350-50). All costs incurred in the planning stage are expensed as incurred, costs incurred in the website application and infrastructure development stage are accounted for in accordance with ASC 350-50 which requires the capitalization of certain costs that meet specific criteria, and costs incurred in the day to day operation of the website are expensed as incurred. The Company capitalizes external website development costs (“website costs”), which primarily include third-party costs related to developing applications, as well as costs incurred to develop or acquire and customize code for web applications, costs to develop HTML web pages or develop templates and costs to create initial graphics for the website that included the design or layout of each page. Through September 30, 2023, the capitalized costs of the Company’s websites placed into service were subject to straight-line amortization over a three-year 250 Income taxes The Company accounts for income taxes under FASB ASC 740, “ Accounting for Income Taxes” Accounting for Uncertainty in Income Taxes” The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company assesses the validity of its conclusions regarding uncertain tax positions quarterly to determine if facts or circumstances have arisen that might cause it to change its judgment regarding the likelihood of a tax position’s sustainability under audit. Net Loss per Share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260, “Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding. Recent Accounting Pronouncements There are no recent accounting pronouncements that has an impact on the Company’s operations.

INTANGIBLE ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
INTANGIBLE ASSETS	NOTE 3. INTANGIBLE ASSETS The identifiable intangible assets consist of the following assets: SCHEDULE OF INTANGIBLE ASSETS September 30, 2023 December 31, 2022 Balance Accumulated Amortization Balance Accumulated Amortization Useful Life Website development costs $ 9,000 $ 250 $ - $ - 3 Total intangible assets $ 6,276,422 $ 6,211,469 $ - $ - There were no impairment charges associated with the Company’s identifiable intangible assets in the nine and twelve months ended September 30, 2023 and December 31, 2022, respectfully. Amortization expense recorded in depreciation and amortization in the accompanying consolidated statements of operations was $ 250

EQUITY

EQUITY	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
EQUITY	NOTE 4 – EQUITY Common Stock Common Shares - As of October 11, 2023 APHP has 1,000,000,000 107,740,991 Preferred Stock Preferred Shares - As of October 11, 2023 the Company had 1,000,000 100,000 3,829 The Series A preferred shares do not have any rights to dividends; voting - each share of Series A preferred shares carries a superior voting right to the Company’s common shares, each Series A preferred share shall be counted as 1,000,000 votes in any Company vote. Each Series A preferred share is convertible at a ratio of 1 to 100,000 so that each one share of Series A preferred shares may be exchanged for 100,000 Common Stock Activity 3,333,328 0.15 500,000 3,814,170 0.20 803,001 666,667 833,334 Dividend Provisions. Subject to preferential dividend rights, if any, of the holders of Preferred Stock, dividends on the Common Stock may be declared by the Board of Directors and paid out of any funds legally available therefor at such times and in such amounts as the Board of Directors shall determine.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5 – RELATED PARTY TRANSACTIONS During the quarters ended September 30, 2023 and 2022, the Company incurred approximately $ 30,000 80,000 140,000 90,000 0 65,000 During the quarters ended September 30, 2023 and 2022, the Company incurred approximately $ 39,000 41,000 86,000 113,000 0 105,000 105,000 1,160,221 0.125 On March 31, 2022, the Company agreed to exchange $ 299,401 3,000,000 0.10 300,000 231,901 67,500 During the three and nine months ended September 30, 2023, the Company borrowed $ 0 178,500 4.4 102,519 178,500

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 6 – SUBSEQUENT EVENTS In accordance with FASB ASC 855-10, Subsequent Events During the period October 1, 2023 to present, the Company sold 690,000 0.20 138,000 In November 2023, the Company entered into a Consulting Agreement with A. John Luessenhop a director of the Company, pursuant to which Mr. Luessenhop will serve as acting President of the Company in return for $ 80,000.00 20,000.00 The Consulting Agreement shall expire on December 31, 2023, unless renewed In November 2023, the Company entered into a Consulting Agreement with Michael Blanchard, a director of the Company, pursuant to which Mr. Blanchard will act as an advisor to the Company to promote the quality of the Company’s products and services and to enhance and develop the Company’s relationships with the entertainment industry and technology developers. In return for these services, the Company has paid Mr. Blanchard $ 40,625.00 The Consulting Agreement shall expire on December 31, 2023, unless renewed In November 2023, the Company entered into a Consulting Agreement with Philip Quartararo, a director of the Company, pursuant to which Mr. Quartararo will act as an advisor to the Company to promote the quality of the Company’s products and services and to enhance and develop the Company’s relationships with the entertainment industry and technology developers. In return for these services, the Company has paid Mr. Blanchard $ 10,000.00 The Consulting Agreement shall expire on December 31, 2023, unless renewed

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying financial statements have been prepared in accordance with the Financial Accounting Standards Board (“ FASB Codification GAAP
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements of the Company include the accounts of American Picture House Corporation and its wholly owned subsidiaries, Devil’s Half-Acre, LLC and Ask Christine Productions, LLC.
Management’s Representation of Interim Financial Statements	Management’s Representation of Interim Financial Statements The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary for a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto on December 31, 2022, as presented in the Company’s Recent Form 10 filing.
Going Concern	Going Concern The accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business for the twelve months following the date of these financial statements. As of September 30, 2023, the Company had working capital of $ 465,540 4,609,892 Because the Company does not expect that the existing operational cash flow will be sufficient to fund presently anticipated operations, this raises substantial doubt about the Company’s ability to continue as a going concern. Therefore, the Company will need to raise additional funds and is currently exploring alternative sources of financing. Recently the Company has been funded by related party shareholders and officers. Historically, the Company raised capital through private placements, to finance working capital needs and may attempt to raise capital through the sale of common stock or other securities and obtaining some short-term loans. The Company will be required to continue to do so until its operations become profitable. Also, the Company has, in the past, paid for consulting services with its common stock to maximize working capital, and intends to continue this practice where feasible.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of 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. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amount of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.
Revenue recognition	Revenue recognition Revenue from entertainment content creation will be recognized under the using the five-step approach required under the guidelines of ASC 606: 1. Identify the contract with the client, 2. Identify the performance obligations in the contract, 3. Determine the transaction price, 4. Allocate the transaction price to performance obligations in the contract 5. Recognize revenues when or as the Company satisfies a performance obligation
Prepaid expenses	Prepaid expenses Prepaid expenses are amounts paid to secure the use of assets or the receipt of services at a future date or continuously over one or more future periods. When the prepaid expenses are eventually consumed, they are charged to expense. Prepaid expenses expected to be charged to expense in the next twelve months are reported as current assets. Prepaid expenses are recorded at fair market value. The balance of prepaid expenses was: SCHEDULE OF PREPAID EXPENSES September 30, 2023 December 31, 2022 Prepaid expenses, current $ 51,684 $ 32,862 Prepaid expenses, non-current 21,000 - Prepaid expenses $ 72,684 $ 32,862
Cash and cash equivalents	Cash and cash equivalents The Company considers all highly liquid temporary cash investments with an original maturity of three months or less to be cash equivalents. As of September 30, 2023, and December 31, 2022, the Company had $ 531,393 31,573
Intangible Assets - Website Development Costs	Intangible Assets - Website Development Costs The Company accounts for website development costs in accordance with Accounting Standards Codification 350-50 “Website Development Costs” (ASC 350-50). All costs incurred in the planning stage are expensed as incurred, costs incurred in the website application and infrastructure development stage are accounted for in accordance with ASC 350-50 which requires the capitalization of certain costs that meet specific criteria, and costs incurred in the day to day operation of the website are expensed as incurred. The Company capitalizes external website development costs (“website costs”), which primarily include third-party costs related to developing applications, as well as costs incurred to develop or acquire and customize code for web applications, costs to develop HTML web pages or develop templates and costs to create initial graphics for the website that included the design or layout of each page. Through September 30, 2023, the capitalized costs of the Company’s websites placed into service were subject to straight-line amortization over a three-year 250
Income taxes	Income taxes The Company accounts for income taxes under FASB ASC 740, “ Accounting for Income Taxes” Accounting for Uncertainty in Income Taxes” The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement. The Company assesses the validity of its conclusions regarding uncertain tax positions quarterly to determine if facts or circumstances have arisen that might cause it to change its judgment regarding the likelihood of a tax position’s sustainability under audit.
Net Loss per Share	Net Loss per Share Net loss per common share is computed by dividing net loss by the weighted average common shares outstanding during the period as defined by Financial Accounting Standards, ASC Topic 260, “Earnings per Share.” Basic earnings per common share (“EPS”) calculations are determined by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share calculations are determined by dividing net income by the weighted average number of common shares and dilutive common share equivalents outstanding.
Recent Accounting Pronouncements	Recent Accounting Pronouncements There are no recent accounting pronouncements that has an impact on the Company’s operations.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
SCHEDULE OF PREPAID EXPENSES	The balance of prepaid expenses was: SCHEDULE OF PREPAID EXPENSES September 30, 2023 December 31, 2022 Prepaid expenses, current $ 51,684 $ 32,862 Prepaid expenses, non-current 21,000 - Prepaid expenses $ 72,684 $ 32,862

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
SCHEDULE OF INTANGIBLE ASSETS	The identifiable intangible assets consist of the following assets: SCHEDULE OF INTANGIBLE ASSETS September 30, 2023 December 31, 2022 Balance Accumulated Amortization Balance Accumulated Amortization Useful Life Website development costs $ 9,000 $ 250 $ - $ - 3 Total intangible assets $ 6,276,422 $ 6,211,469 $ - $ -

ORGANIZATION AND DESCRIPTION _2

ORGANIZATION AND DESCRIPTION OF BUSINESS (Details Narrative) - $ / shares	Oct. 11, 2021	Oct. 11, 2023	Sep. 30, 2023	Dec. 31, 2022	Sep. 13, 2021
Property, Plant and Equipment [Line Items]
Common stock, shares authorized			1,000,000,000	1,000,000,000
Common, stock, par value			$ 0.0001	$ 0.0001
Preferred stock, shares authorized			1,000,000	1,000,000
Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Common stock, shares authorized		1,000,000,000
Number of shares authorized		1,001,000,000
Preferred stock, shares authorized		1,000,000
Maximum [Member]
Property, Plant and Equipment [Line Items]
Common stock, shares authorized					4,700,000,000
Common, stock, par value					$ 0.0001
Minimum [Member]
Property, Plant and Equipment [Line Items]
Common stock, shares authorized					1,000,000,000
Common, stock, par value					$ 0.0001
Board of Directors [Member]
Property, Plant and Equipment [Line Items]
Reverse stock split	50:1 reverse stock split

SCHEDULE OF PREPAID EXPENSES (D

SCHEDULE OF PREPAID EXPENSES (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Prepaid expenses, current	$ 51,684	$ 32,862	[1]
Prepaid expenses, non-current	21,000		[1]
Prepaid expenses	$ 72,684	$ 32,862
[1]Derived from audited information

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022	[1]
Accounting Policies [Abstract]
Working capital	$ 465,540	$ 465,540
Accumulated deficit	4,609,892	4,609,892		$ 3,655,378
Cash in hand	$ 531,393	$ 531,393		$ 31,573
Amortization period	3 years	3 years
Amortization expense	$ 250	$ 250
[1]Derived from audited information

SCHEDULE OF INTANGIBLE ASSETS (

SCHEDULE OF INTANGIBLE ASSETS (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, balance	$ 6,276,422
Accumulated amortization of intangible assets	6,211,469
Website Development Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, balance	9,000
Accumulated amortization of intangible assets	$ 250
Website development costs, useful life (in years)	3 years

INTANGIBLE ASSETS (Details Narr

INTANGIBLE ASSETS (Details Narrative) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 250	$ 250

EQUITY (Details Narrative)

EQUITY (Details Narrative) - USD ($)		3 Months Ended			9 Months Ended
	Oct. 11, 2023	Sep. 30, 2023	Jun. 30, 2023	Jun. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Class of Stock [Line Items]
Common stock, shares authorized		1,000,000,000			1,000,000,000	1,000,000,000
Common stock, shares issued		108,715,991			108,715,991	100,735,159
Common stock, shares outstanding		108,715,991			108,715,991	100,735,159
Preferred stock, shares authorized		1,000,000			1,000,000	1,000,000
Preferred stock, shares issued		3,829			3,829	3,829
Preferred stock, shares outstanding		3,829			3,829	3,829
Common Stock [Member]
Class of Stock [Line Items]
Number of stock exchanged				3,000,000
Number of shares issued		3,814,170	3,333,328
Common Stock [Member] | Advisory Agreements [Member]
Class of Stock [Line Items]
Number of shares issued		666,667			833,334
Common Stock [Member] | New Investors [Member]
Class of Stock [Line Items]
Sale of stock		3,814,170	3,333,328
Price per share		$ 0.20	$ 0.15		$ 0.20
Total proceeds		$ 803,001	$ 500,000
Subsequent Event [Member]
Class of Stock [Line Items]
Common stock, shares authorized	1,000,000,000
Common stock, shares issued	107,740,991
Common stock, shares outstanding	107,740,991
Preferred stock, shares authorized	1,000,000
Preferred stock, shares issued	100,000
Preferred stock, shares outstanding	100,000
Subsequent Event [Member] | Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares issued	3,829
Preferred stock, shares outstanding	3,829
Preferred stock, voting rights	The Series A preferred shares do not have any rights to dividends; voting - each share of Series A preferred shares carries a superior voting right to the Company’s common shares, each Series A preferred share shall be counted as 1,000,000 votes in any Company vote. Each Series A preferred share is convertible at a ratio of 1 to 100,000 so that each one share of Series A preferred shares may be exchanged for 100,000 common shares.
Number of stock exchanged	100,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)			3 Months Ended				9 Months Ended
	Jan. 01, 2023	Mar. 31, 2022	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Accounts payable and accrued expenses			$ 0				$ 0		$ 65,000
Accrued consulting fees			0				0		$ 105,000
Conversion of accrued liabilities into options to purchase common stock				$ 105,000
Conversion of accrued liabilities into options to purchase common stock, shares				1,160,221
Aggregate value						$ 300,000
Borrowings							178,500	$ 112,760
Repayments of related party debt							178,500	66,260
Mr. Macgregor [Member]
Related Party Transaction [Line Items]
Share price		$ 0.10
Debt obligations		$ 299,401
Number of shares converted		3,000,000
Aggregate value		$ 300,000
Due to related parties		231,901
Accrued legal fees		$ 67,500
Mr. Macgregor [Member] | Master Loan Agreement [Member]
Related Party Transaction [Line Items]
Borrowings			$ 0				$ 178,500
Interest rate			4.40%				4.40%
Repayments of related party debt			$ 102,519				$ 178,500
Common Stock [Member]
Related Party Transaction [Line Items]
Conversion of accrued liabilities into options to purchase common stock	$ 105,000
Conversion of accrued liabilities into options to purchase common stock, shares	1,160,221
Share price	$ 0.125
Number of shares converted						3,000,000
Aggregate value						$ 300
Board of Directors [Member]
Related Party Transaction [Line Items]
Professional fees			30,000		$ 80,000		140,000	90,000
Consulting fees			$ 39,000		$ 41,000		$ 86,000	$ 113,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended
	Nov. 30, 2023	Nov. 14, 2023	Sep. 30, 2023	Jun. 30, 2023
Subsequent Event [Line Items]
paid for service rendered			$ 133,333	$ 25,000
Subsequent Event [Member] | Four Montly Payments [Member]
Subsequent Event [Line Items]
Proceeds for consulting agreement	$ 80,000
Payments for consulting agreement	$ 20,000
Agreement expiration description	The Consulting Agreement shall expire on December 31, 2023, unless renewed
Subsequent Event [Member] | Four Montly Payments [Member] | Consulting Agreement [Member]
Subsequent Event [Line Items]
Agreement expiration description	The Consulting Agreement shall expire on December 31, 2023, unless renewed
paid for service rendered	$ 40,625
Subsequent Event [Member] | Four Montly Payments [Member] | Consulting Agreement [Member] | Philip Quartararo [Member]
Subsequent Event [Line Items]
Agreement expiration description	The Consulting Agreement shall expire on December 31, 2023, unless renewed
paid for service rendered	$ 10,000
Common Stock [Member]
Subsequent Event [Line Items]
paid for service rendered			$ 67	$ 17
Common Stock [Member] | New Investors [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Sale of stock		690,000
Sale of stock price per share		$ 0.20
Total proceeds		$ 138,000