Kona Gold Beverage (KGKG) 10-Q 17 May 21 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2021	May 17, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2021
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity File Number	000-1802546
Entity Registrant Name	KONA GOLD BEVERAGE, INC.
Entity Central Index Key	0001802546
Entity Incorporation, State or Country Code	DE
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
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		840,163,265

CONSOLIDATED BALANCE SHEET (Una

CONSOLIDATED BALANCE SHEET (Unaudited) - USD ($)	Mar. 31, 2021	Jan. 31, 2021	Dec. 31, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 56,201		$ 113,168
Accounts receivable, net of allowance for doubtful accounts of $3,967 and $5,019, respectively	111,676
Other receivables	14,876		14,876
Inventory	861,652		660,504
Other current assets	7,518		5,572
Total current assets	1,051,923		794,120
NON-CURRENT ASSETS
Property, plant and equipment, net	176,962		167,872
Right-of-use asset, net	875,970		912,993
Intangible property, net	79,441		69,488
Goodwill	1,275,938
Note receivable, net of allowance $1,500,000 and $0, respectively
Deposit	6,500		6,500
Total non-current assets	2,416,079		1,156,853
Total assets	3,468,002		1,950,973
CURRENT LIABILITIES
Accounts payable	257,846		208,599
Amounts owed to customers			10,508
Credit card payables	6,544		19,469
Current note payable - related party	9,000		12,000
Current lease liability	112,383		149,407
Convertible debt	1,200,000		900,000
Derivative liability	627,018		361,152
Accrued compensation	318,958		257,500
Accrued stock compensation	1,386,497		1,386,497
Accrued liabilities	105,033		81,624
Total current liabilities	4,023,279		3,386,756
NON-CURRENT LIABILITIES
Line of credit	398,470		398,470
Line of credit - related party	1,498,151		1,495,151
Note payable - related party, net of current	56,000		56,000
Note payable	642,282
PPP note payable	212,648		95,161
Lease liability, net of current	763,587		763,586
Total liabillities	7,594,417		6,195,124
STOCKHOLDERS' DEFICIT
Common Stock, $.00001 par value, 2,500,000,000 authorized, 825,726,839 and 786,308,041, issued and outstanding, respectively	8,257		7,863
Additional paid-in capital - warrants	1,334,136		281,565
Additional paid-in capital	5,630,762		4,746,447
Accumulated deficit	(11,099,579)		(9,280,036)
Total stockholders' deficit	(4,126,415)		(4,244,151)
Total liabilities and stockholders' deficit	3,468,002		1,950,973
Series A Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred Stock, value	0		0
Series B Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred Stock, value	5		5
Series C Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred Stock, value	0		0
Series D Preferred Stock [Member]
STOCKHOLDERS' DEFICIT
Preferred Stock, value	$ 5		5
S and S Beverage [Member]
CURRENT ASSETS
Cash and cash equivalents
Accounts receivable, net of allowance for doubtful accounts of $3,967 and $5,019, respectively		9,438	9,438
Inventory		240,797	240,797
Total current assets		250,235	250,235
NON-CURRENT ASSETS
Property, plant and equipment, net		12,200	12,200
Total assets		262,435	262,435
CURRENT LIABILITIES
Accounts payable and accrued liabilities		55,553	78,782
Outstanding checks		23,058	6,362
Interest payable		11,915	11,915
Due to customers		19,667	19,667
Current note payable - related party		811,761	801,761
Total current liabilities		921,954	918,487
NON-CURRENT LIABILITIES
Note payable - related party, net of current
Total liabillities		921,954	918,487
STOCKHOLDERS' DEFICIT
Common Stock, $.00001 par value, 2,500,000,000 authorized, 825,726,839 and 786,308,041, issued and outstanding, respectively		300,500	300,500
Additional paid-in capital		437,701	437,701
Accumulated deficit		(1,397,720)	(1,394,253)
Total stockholders' deficit		(659,519)	(656,052)
Total liabilities and stockholders' deficit		$ 262,435	$ 262,435

CONSOLIDATED BALANCE SHEET (U_2

CONSOLIDATED BALANCE SHEET (Unaudited) (Parenthetical) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Allowance for doubtful accounts	$ 3,967	$ 5,019
Allowance for note receivable	$ 1,500,000	$ 0
Preferred Stock, par value	$ 0.00001	$ 0.00001
Preferred Stock, shares issued	988,140	988,140
Preferred Stock, shares outstanding	988,140	988,140
Common Stock, par value	$ 0.00001	$ 0.00001
Common Stock, shares authorised	2,500,000,000	2,500,000,000
Common Stock, shares issued	825,726,839	786,308,041
Common Stock, shares outstanding	825,726,839	786,308,041
Series A Preferred Stock [Member]
Preferred Stock, par value	$ 0.00001	$ 0.00001
Preferred Stock, shares authorised	0	0
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Series B Preferred Stock [Member]
Preferred Stock, par value	$ 0.00001	$ 0.00001
Preferred Stock, shares authorised	1,200,000	1,200,000
Preferred Stock, shares issued	488,000	488,000
Preferred Stock, shares outstanding	488,000	488,000
Series C Preferred Stock [Member]
Preferred Stock, par value	$ 0.00001	$ 0.00001
Preferred Stock, shares authorised	250	250
Preferred Stock, shares issued	140	140
Preferred Stock, shares outstanding	140	140
Series D Preferred Stock [Member]
Preferred Stock, par value	$ 0.00001	$ 0.00001
Preferred Stock, shares authorised	500,000	500,000
Preferred Stock, shares issued	500,000	500,000
Preferred Stock, shares outstanding	500,000	500,000
S and S Beverage [Member]
Allowance for doubtful accounts		$ 0
Common Stock, par value		$ 30.05
Common Stock, shares authorised		10,000
Common Stock, shares issued		10,000
Common Stock, shares outstanding		10,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)	1 Months Ended		3 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Mar. 31, 2021	Mar. 31, 2020
REVENUES, NET OF SALES, RETURNS, AND ALLOWANCES OF $28,707 AND $51,159, RESPECTIVELY			$ 462,408	$ 202,057
COST OF REVENUES			313,920	145,967
Gross profit			148,488	56,090
OPERATING EXPENSES
Selling, general and administrative expenses			568,980	647,219
Bad Debt Expense
Income (Loss) from operations			(420,492)	(591,129)
Other income / (expense)
Interest expense			(17,373)	(3,807)
Interest expense related to loan origination fee on convertible note			(41,000)
Interest expense related to warrants on convertible note			(1,052,571)
Interest expense on convertible note			(19,966)
Loss on derivative			(265,866)
Tax expense			(2,275)
EIDL advance
Other income
Net Income (Loss)			$ (1,819,543)	$ (594,936)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES:
Basic and diluted			775,469,306	710,868,609
NET LOSS PER COMMON SHARES:
Basic and diluted			$ 0	$ 0
S and S Beverage [Member]
REVENUES, NET OF SALES, RETURNS, AND ALLOWANCES OF $28,707 AND $51,159, RESPECTIVELY	$ 572	$ 11,520
COST OF REVENUES	1,130	36,605
Gross profit	(558)	(25,085)
OPERATING EXPENSES
Selling, general and administrative expenses	2,909	57,316
Income (Loss) from operations	(3,467)	(82,401)
Other income / (expense)
Net Income (Loss)	$ (3,467)	$ (82,401)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES:
Basic and diluted	10,000	10,000
NET LOSS PER COMMON SHARES:
Basic and diluted	$ (0.35)	$ (8.24)

CONSOLIDATED STATEMENTS OF IN_2

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (Parenthetical) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
Allowence for net of sales	$ 28,707	$ 51,159

STATEMENTS OF STOCKHOLDERS' DEF

STATEMENTS OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Common Stock	Preferred Stock [Member]	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2019	763,967,603	4,988,000
Beginning balance, value at Dec. 31, 2019	$ 7,640	$ 50	$ 4,155,777	$ (6,154,441)	$ (1,990,976)
Common Stock Issued for Compensation, shares	5,000,000
Common Stock Issued for Compensation, value	$ 50		318,450		318,500
Net Income (loss)				(594,936)	(594,936)
Ending balance, shares at Mar. 31, 2020	768,967,603	4,988,000
Ending balance, value at Mar. 31, 2020	$ 7,690	$ 50	4,474,227	(6,749,377)	(2,267,412)
Common Stock Issued for Sponsorship Agreements, shares	85,000
Common Stock Issued for Sponsorship Agreements, value	$ 1		2,577		2,578
Common Stock Issued for Compensation, shares	5,000,000
Common Stock Issued for Compensation, value	$ 50		157,450		157,500
Warrants related to convertible note			281,565		281,565
Net Income (loss)				(1,066,920)	(1,066,920)
Ending balance, shares at Jun. 30, 2020	774,052,603	4,988,000
Ending balance, value at Jun. 30, 2020	$ 7,741	$ 50	4,915,819	(7,816,297)	(2,892,689)
Common Stock Conversion to Preferred Stock, shares	(140)	140
Common Stock Conversion to Preferred Stock, value	$ 0	$ 0
Preferred Stock Conversion to Common Shares, shares	4,000,000	(4,000,000)
Preferred Stock Conversion to Common Shares, value	$ 40	$ (40)
Accrued Common Stock Issues for Compensation, shares	140
Accrued Common Stock Issues for Compensation, value	$ 0		2		2
Net Income (loss)				(509,441)	(509,441)
Ending balance, shares at Sep. 30, 2020	778,052,603	988,140
Ending balance, value at Sep. 30, 2020	$ 7,781	$ 10	4,915,821	(8,325,738)	(3,402,128)
Common Stock Issued for Conversion of Convertible Debt, shares	8,255,438
Common Stock Issued for Conversion of Convertible Debt, value	$ 83		112,191		112,274
Net Income (loss)				(954,298)	(954,298)
Ending balance, shares at Dec. 31, 2020	786,308,041	988,140
Ending balance, value at Dec. 31, 2020	$ 7,863	$ 10	5,028,012	(9,280,036)	(4,244,151)
Common Stock Issued for Conversion of Convertible Debt, shares	30,418,798
Common Stock Issued for Conversion of Convertible Debt, value	$ 304		613,505		613,809
Common Stock Issued for Acquisition, shares	9,000,000
Common Stock Issued for Acquisition, value	$ 90		270,810		270,900
Common Stock Issued for Sponsorship Agreements, value
Common Stock Issued for Compensation, value
Warrants related to convertible note			1,052,571		1,052,571
Net Income (loss)				(1,819,543)	(1,819,543)
Ending balance, shares at Mar. 31, 2021	825,726,839	988,140
Ending balance, value at Mar. 31, 2021	$ 8,257	$ 10	$ 6,964,898	$ (11,099,579)	$ (4,126,415)

STATEMENTS OF STOCKHOLDERS' EQU

STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2019	10,000
Beginning balance, value at Dec. 31, 2019	$ 300,500	$ 412,701	$ (765,784)	$ (52,583)
Net Income (loss)			(82,401)	(82,401)
Ending balance, shares at Jan. 31, 2020	10,000
Ending balance, value at Jan. 31, 2020	$ 300,500	412,701	(848,185)	(134,984)
Loan Forgiveness		25,000		25,000
Net Income (loss)			(546,068)	(546,068)
Ending balance, shares at Dec. 31, 2020	10,000
Ending balance, value at Dec. 31, 2020	$ 300,500	437,701	(1,394,253)	(656,052)
Net Income (loss)			(3,457)	(3,467)
Ending balance, shares at Jan. 31, 2021	10,000
Ending balance, value at Jan. 31, 2021	$ 300,500	$ 437,701	$ (1,397,720)	$ (659,519)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:
Net loss			$ (1,819,543)	$ (594,936)	$ (3,125,595)
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and Amortization			9,907
Common Stock Issued in Exchange for Services
Common Stock Issued in Acquisition			270,900
Common Stock Issued for Sponsorship
Common Stock Issued for Compensation				(318,500)
Preferred Stock Issued for Compensation
Interest expense related to warrants on convertible debt			1,052,571
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable			(122,184)
Decrease (increase) in other receivable
Decrease (increase) in inventory			(201,148)
Decrease (increase) in prepaids
Decrease (increase) in other current assets			(1,946)
Decrease (increase) in deposits
Decrease (increase) in right-of-use asset			37,023
Increase (decrease) in accounts payable			49,246
Increase (decrease) in credit card payable			(12,925)
Increase (decrease) in accrued compensation			61,458
Increase (decrease) in accrued stock compensation
Increase (decrease) in accrued expenses			23,409
Increase (decrease) in derivative liability			265,866
Increase (decrease) in lease liability			(37,023)
Net cash provided by (used in) operating activities			(424,389)		(1,370,123)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES:
Purchases of property, plant and equipment			(20,265)
Changes in goodwill			(1,275,938)
Changes in intellectual property			(9,953)
Net cash provided by (used in) investing activities			(1,306,156)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES:
Proceeds from shareholder payable
Changes in note payable - related party			(3,000)
Changes in line of credit - related party
Changes in note payable - acquisition			642,282
Changes line of credit
Changes in convertible debt			913,809
Changes in PPP note payable			117,487
Net cash provided by (used in) financing activities			1,670,578
Net cash increase for period			(59,967)
Cash at beginning of period	$ 113,168		113,168
Cash at end of period			53,201		113,168
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes
Cash paid for interest			17,205
S and S Beverage [Member]
CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES:
Net loss	(3,467)	$ (82,401)			(628,469)
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and Amortization
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable		16,024
Decrease (increase) in inventory		(18,757)
Increase (decrease) in accounts payable	(23,229)	15,830
Increase (decrease) in interest payable
Increase (decrease) in due to/from		(27,886)
Net cash provided by (used in) operating activities	(26,696)	(97,190)			(584,438)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES:
Purchases of property, plant and equipment
Net cash provided by (used in) investing activities
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES:
Changes in note payable - related party	10,000	45,001
Net cash provided by (used in) financing activities	10,000	45,001
Net cash increase for period	(16,696)	(52,189)
Cash at beginning of period	(6,362)	30,075	$ (6,362)	$ 30,075	30,075
Cash at end of period	(23,058)	(22,114)			$ (6,362)
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes
Cash paid for interest

ORGANIZATION AND DESCRIPTION OF

ORGANIZATION AND DESCRIPTION OF BUSINESS	3 Months Ended
	Mar. 31, 2021
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS Kona Gold Beverage, Inc., a Delaware corporation (“Kona Gold,” the “Company,” “we,” “us,” or “our”), owns and operates a line of premier CBD lifestyle brand products. As of March 31, 2021 the Company has four wholly-owned subsidiaries: Kona Gold LLC, a Delaware limited liability company (“Kona”), HighDrate LLC, a Florida limited liability company (“HighDrate”), Gold Leaf Distribution LLC, a Florida limited liability company (“Gold Leaf”), and in February 2021, the Company acquired all of the capital stock of S and S Beverage, Inc. (“S and S”), a Wisconsin corporation. The Company is primarily focused on product development in the functional beverage sector. Kona Gold creates hemp-infused energy drinks, which includes hemp energy drinks, CBD energy water, and also sells Kona Gold merchandise and apparel, which promotes the Company’s beverages. HighDrate focuses on the development and marketing of CBD-infused energy waters geared towards the fitness and wellness markets. S and S focuses on the development and marketing of lemon-flavored beverages under the name OOH LA Lemin. Gold Leaf focuses on the distribution of premium beverages and snacks in key markets. The Company currently sells its products through resellers, the Company’s websites, and distributors that span across 27 states. The Company’s products are available in wide variety of stores, including convenience and grocery stores, smoke shops, and gift shops. As used herein, the terms “Kona Gold,” the “Company,” “we,” “us,” or “our, refer to Kona Gold individually or, as the context requires, collectively with its subsidiaries on a consolidated basis. The Company’s Business The Company has two reportable segments: ● Beverages. ● Distribution. Beverage Products The Company’s hemp-infused energy drink is available in both regular and sugar-free options. These energy drinks are infused with organic hemp protein powder and contain essential vitamins and ingredients that give consumers a natural energy boost. Hemp protein contains no gluten and is compatible with a variety of diets, including vegan and Kosher. Our hemp energy drinks are available in eight flavors: classic hemp, platinum hemp, sugar-free hemp, cherry vanilla, bubble gum, candy apple, cotton candy, and pink grapefruit. HighDrate’s CBD-infused energy water is great tasting, sugar-free, and powered by the patented technology of Alkame Holdings Inc.’s wholly-owned subsidiary, Alkame Water Inc. (“Alkame”), which uses its advanced water treatment to create a premium oxygenated alkaline water with natural antioxidants. Alkame believes that, pursuant to a double-blind placebo, peer-backed research project that it conducted, its Level 2 – inputs other than Level 1 that are observable, either directly or indirectly; such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets and liabilities in markets technology can boost the immune system and physical performance. HighDrate’s CBD-infused energy water contains 80 mg of caffeine and 10 mg of CBD. The Company believes that CBD aids the body’s endocannabinoid system in neuroprotection, stress recovery, immune balance, and homeostatic regulation. HighDrate’s CBD-infused energy water is available in six flavors: watermelon, kiwi strawberry, tropical coconut, Georgia peach, sour apple, and blue island punch. The Company’s product “Storm” is a high-alkaline CBD-infused water. This water is also powered by Alkame’s patented technology, which uses its advanced water treatment to create a premium oxygenated alkaline water with natural antioxidants. Storm high-alkaline CBD water contains 20 mg of CBD. OOH LA Lemin is lemonade for the modern age. It is made natural and refreshing with no added sugar and is low in carbs and only 15 calories. OOH LA Lemin is available in four distinct flavors: original lemonade, peach lemonade, strawberry lemonade, and blue raspberry lemonade. The Company also sells branded apparel. The Company uses only high-quality textiles and specialty inks and foils, which provide consumers with a premium fit and feel. The Company currently offers shirts, tanks, hats, and towels for sale. Effects of COVID-19 In January 2020, the World Health Organization (the “WHO”) announced a global health emergency because of a new strain of coronavirus (“COVID-19”) that originated in Wuhan, China and generated significant risks to the international community as the virus spread globally beyond its point of origin. In March 2020, the WHO classified the COVID-19 outbreak as a pandemic based on the rapid increase in global exposure. The COVID-19 pandemic is disrupting businesses and affecting production and sales across a range of industries, as well as causing volatility in the financial markets. The extent of the impact of the COVID-19 pandemic on the Company’s consumer demand, sales, and financial performance will depend on certain developments, including, among other things, the duration and spread of the outbreak and the impact on the Company’s consumers and employees, all of which are uncertain and cannot be predicted. Management is actively monitoring this situation and potential impacts on our financial condition, liquidity, and results of operations.
S and S Beverage [Member]
ORGANIZATION AND DESCRIPTION OF BUSINESS	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS S and S Beverage, Inc. (the “Company”), a Wisconsin Corporation, owns and operates a line of superior lemonade products in four distinct flavors under the Lemin brand. The Company is primarily focused on product development in the functional beverage sector. Accounting Standards Codification subtopic Segment Reporting 280-10 (“ASC 280-10”) establishes standards for reporting information regarding operating segments in annual financial statements and requires selected information for those segments to be presented in interim financial reports issued to stockholders. ASC 280-10 also establishes standards for related disclosures about products and services and geographic areas. Operating segments are identified as components of an enterprise about which separate discrete financial information is available for evaluation by the chief operating decision maker, or decision-making group, in making decisions how to allocate resources and assess performance. The information disclosed herein materially represents all the financial information related to the Company’s only material principal operating segment. The Company currently sells its products through resellers, the Company website, and distributors that span across the United States. The Company’s products are available in wide variety of stores, including convenience and grocery stores, and gift shops. Effects of COVID-19 In January 2020, the World Health Organization (the “WHO”) announced a global health emergency because of a new strain of coronavirus (“COVID-19”) that originated in Wuhan, China and generated significant risks to the international community as the virus spread globally beyond its point of origin. In March 2020, the WHO classified the COVID-19 outbreak as a pandemic based on the rapid increase in global exposure. The COVID-19 pandemic is disrupting businesses and affecting production and sales across a range of industries, as well as causing volatility in the financial markets. The extent of the impact of the COVID-19 pandemic on the Company’s consumer demand, sales, and financial performance will depend on certain developments, including, among other things, the duration and spread of the outbreak and the impact on the Company’s consumers and employees, all of which are uncertain and cannot be predicted. Management is actively monitoring this situation and potential impacts on our financial condition, liquidity, and results of operations.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A. Basis of Presentation The accompanying consolidated financial statements are unaudited and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared on the accrual basis of accounting and in accordance with generally accepted accounting principles (“GAAP”) in the United States. B. Use of Estimates The preparation of the consolidated 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. Estimates also affect the reported amounts of revenue and expenses during the reporting period. Actual events and results could differ from those assumptions and estimates. C. Cash and Cash Equivalents For the purpose of reporting cash flows, the Company considers all unrestricted, highly liquid investments with an initial maturity of three months or less to be cash equivalents. D. Fair Value of Financial Instruments The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts payable, accrued liabilities, and notes payable approximate fair value given their short-term nature or effective interest rates. The accounting guidance establishes a three-tiered hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value. A fair value hierarchy has been established for valuation inputs that gives the highest priority to quoted price in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarch is as follows: Level 1 – quoted prices in active markets for identical assets or liabilities; Level 2 – inputs other than Level 1 that are observable, either directly or indirectly; such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets and liabilities in markets that are not active, or inputs that are observable or an be corroborated by observable market data for substantially the full term of the assets or liabilities; or Level 3 – unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company analyzes all financial instruments with features of both liabilities and equity under Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity, Derivatives and Hedging The Company uses Level 2 inputs for its valuation methodology for the embedded conversion option liabilities as their fair value were determined by using the Black-Scholes option-pricing model based on various assumptions. The Company’s derivative liabilities are adjusted to reflect fair value at each period end, with any increase or decrease in the fair value being recorded in results of operations as adjustments to fair value of derivatives. E. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are recorded at net realizable value. The Company determines provisions for uncollectible accounts, sales returns, and claims based upon factors including the credit risk and activity of specific customers, historical trends, and other information. If the Company becomes aware of a specific distributor’s or reseller’s inability to meet its financial obligations, bad debt charges are recorded based on an overall assessment of past due accounts receivable outstanding. There was no bad debt attributed to accounts receivable in the year ended March 31, 2021 and 2020, respectively. These amounts are included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss. Management will review annually to determine provisions and record an allowance as deemed necessary. In the opinion of management, a provision was deemed necessary for uncollectible accounts for Kona and no provision was deemed necessary for Gold Leaf. The balance of allowance for Uncollectible Accounts at March 31, 2021 and December 31, 2020 were $3,967, respectively, as reflected in the accompanying Consolidated Balance Sheets. F. Inventories The cost of inventory using the standard cost method, which approximates actual cost based on a first-in, first-out method. The Company’s inventories are valued at the lower cost or net realizable value. The Company’s inventory consists almost entirely of finished and unfinished goods, and freight, which include CBD energy waters, CBD waters, hemp energy drinks, cans for production, and merchandise and apparel. The Company periodically evaluates and adjusts inventories for obsolescence. In the opinion of management, no provision for obsolescence is deemed necessary. The shelf life of all beverage inventory is two years, and at December 31, 2020 and 2019, all inventory was current, as reflected in the accompanying Consolidated Balance Sheets. G. Property, Plant and Equipment Property, plant and equipment are reported on the accompanying Consolidated Balance Sheet at cost less accumulated depreciation. Assets with a useful life greater than one year and cost greater than $100 are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the asset as follows: Estimated useful lives (in years) Furniture and fixtures 7 Machinery and equipment 7 Vehicles 5 Computer equipment 5 – 7 H. Goodwill and Intangible Assets Goodwill arises from business combinations and is generally determined as the excess of the fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently if events and circumstances exist that indicate that a goodwill impairment test should be performed. The Company has selected December 31 as the date to perform the annual impairment test. Intangible assets represent both indefinite lived and definite lived assets. Trademarks are deemed to have definite useful lives of ten years, are amortized, and are tested annually for impairment. Intangible assets are reported on the balance sheet at cost less accumulated amortization. The Company has selected December 31 as the date to perform the annual impairment test. Management determined that, for the year ending December 31, 2020, there were no identifiable assets or liabilities; therefore, the implied fair value of goodwill is zero. On January 21, 2021, the Company entered into an Agreement and Plan of Merger with S and S Beverage, Inc. and its shareholders and acquired all of the capital stock of S and S Beverage Inc. (“S and S”). Because of this, goodwill was recorded in the amount of $1,275,938 see Note 4, Goodwill and Intangible Assets Goodwill and Intangible Assets I. Leases On January 1, 2019, the Company adopted the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred. The amortization period for the right-of-use asset is from the lease commencement date to the earlier of the end of the lease term or the end of the useful life of the asset. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the incremental borrowing rate or the risk-free rate with the election of the practical expedient. The Company has elected to use the risk-free rate. J. Revenue and Provision for Sales, Returns, and Allowances The Company sells its products, which primarily includes its hemp energy drinks, CBD energy waters, CBD waters, and logo apparel, to online customers or through resellers and distributors. In evaluating the timing of the transfer of control of products to customers, the Company considers several indicators, including significant risks and rewards of products, the Company’s right to payment, and the legal title of the products. The Company recognizes revenue from product sales to customers, distributors, and resellers when products that do not require further services by the Company are shipped, when there are no uncertainties surrounding customer acceptance, and when collectability is reasonably assured. Sales are made to customers under terms allowing certain limited rights of return. Amounts billed to customers in sales transactions related to shipping and handling, represent revenues earned for the goods provided and are included in net sales. Costs of shipping and handling are included in cost of products sold. The Company also sells its products, and beverages purchased for resale from several other beverage manufacturers, to convenience stores, grocery stores, and smoke and gift shops. In evaluating the timing of the transfer of control of products to customers, the Company considers several indicators, including significant risks and rewards of products, the Company’s right to payment, and the legal title of the products. The Company recognizes revenue from product sales to resellers when products that do not require further services by the Company are shipped or delivered, when there are no uncertainties surrounding customer acceptance and when collectability is reasonably assured. Cash received by the Company prior to shipment is recorded as deferred revenue. Sales are made to customers under terms allowing certain limited rights of return. Amounts billed to customers in sales transactions related to shipping and handling, represent revenues earned for the goods provided and are included in net sales. Costs of shipping and handling are included in cost of products sold. On January 1, 2019, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) To apply these principles, ASC Topic 606 outlines a five-step model that requires entities to exercise judgment when considering the terms of contract(s), which includes: 1. Identifying the contract(s) or agreement(s) with a customer; 2. Identifying the separate performance obligations in the contract or agreement; 3. Determining the transaction price; 4. Allocating the transaction price to the separate performance obligations in the contract or agreement; and 5. Recognizing revenue as each performance obligation is satisfied. Pursuant to ASC Topic 606, the Company recognizes revenue when performance obligations under the terms of a contract are satisfied, which occurs typically upon the transfer of control, including the risks and rewards of ownership. With respect to the Company, performance is deemed to occur upon shipment or delivery of products to its customers based on the written contract terms, which is also when control is transferred. The Company evaluated the guidance in ASC 606-10-50-5 and the related implementation guidance to determine disaggregation of revenues that would be meaningful. The majority of the Company’s revenue earned from its Beverages Segment and its Distribution Segment is recognized when it satisfies a single performance obligation by transferring control of its products to a customer. The Company does not have significant financing component or payment terms, and it does not have any material unsatisfied performance obligations. The Company’s revenues are obtained in similar geographical locations within the United States. Furthermore, the Company’s operations in each of its reporting segments are expected to have essentially the same future prospects, similar gross margins, sales trends, and the nature of its products and customers are essentially the same. The sales from the Company’s beverage product types are organized as one reportable segment, which the Company refers to as the Beverages Segment, and the sales of the Company’s products and products that are purchased from resellers that are distributed by Gold Leaf is organized as its second reportable segment, which the Company refers to as the Distribution Segment. The Company has also determined that disaggregated revenue by net sales by revenue source would be meaningful and allow investors to understand its business activities, historical performance, or future prospects. Disaggregated sales by revenue source, which includes sales to distributors, online sales, sales through Amazon, and Gold Leaf distribution sales, is included in Note 16, Revenue Sales are made to customers under terms allowing certain limited rights of return. The Company records an allowance and return for each quarter for 3% of total sales. The Company recorded sales return, and allowance at the three months ending March 31, 2021 and 2020 of approximately $15,034 and $44,965, respectively, which is included in the revenues, net of sales returns and allowances in the accompanying Consolidated Statements of Loss. K. Cost of Revenues Cost of revenues consist primarily of expenses associated with the delivery and distribution of products. These include expenses related to direct procurement costs and shipping and handling costs. The Company bills shipping and handling fees charged to customers as part of sales and the associated expense as part of cost of revenues. The costs are charged to cost of revenues in the same period that the associated revenue is earned. L. Impairment of Long-Lived Assets The Company evaluates its long-lived assets for financial impairment as events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company evaluates the recoverability of long-lived assets used in operations by measuring the carrying amount of the assets against their estimated undiscounted future cash flows. If such evaluations indicated that the future undiscounted cash flows of certain long-lived assets are not sufficient to recover the carrying value of such assets, the assets are adjusted to fair values. Management completed an impairment review as of December 31, 2020 and determined long-lived assets were not impaired. M. Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes, The Company has no recorded liabilities for uncertain tax positions as of the accompanying Consolidated Balance Sheets dated March 31, 2021 and December 31, 2020, respectively. N. Stock-Based Compensation FASB’s ASC Topic 718, Stock Compensation The Company estimates the fair value of each restricted stock award as of the date of grant using the closing price as reported by the OTC Markets Group Inc. (the “OTCM”) on the date of grant. The fair value determined represents the cost for the award and is recognized over the vesting period during which an employee is required to provide service in exchange for the award. The Company accounts for forfeitures of restricted stock as they occur. O. Advertising Costs The Company expenses costs of advertising and promotions as incurred. The Company includes in advertising costs inventory given away as promotional merchandise or free samples to create sales. Advertising and promotion costs for the three months ended March 31, 2021 and 2020, were approximately $10,300 and $12,300, respectively, which amounts were included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss. P. Concentration of Credit Risk The Company maintains cash balances at financial institutions. Accounts at each institution are insured by the Federal Deposit Insurance Corporation up to $250,000. The Company has not experienced any losses in such accounts and periodically evaluates the credit worthiness of the financial institutions and had determined the credit exposure to be negligible. Q. Basic and Diluted Earnings per Share In accordance with FASB’s ASC 260, Earnings per Share Diluted per-share loss is the same as basic per-share loss when there is a loss from continuing operations. R. Segments ASC 280-10, Segment Reporting The Company then applied the management approach to the identification of its two reportable segments – the Beverages Segment, consisting of the operations of Kona, HighDrate, and S and S, and the Distribution Segment, consisting of the operations of Gold Leaf. Specifically, the Company has evaluated guidance in ASC 280-10 and determined that aggregation is consistent with the objectives of ASC 280-10 in that aggregation into two reportable segments allows users of our financial statements to view the Company’s business through the eyes of management based upon the way management reviews performance and makes decisions. Additional factors that were considered included: whether or not an operating segment has similar economic characteristics, the nature of the products/services under each operating segment, the nature of the production/go-to-market process, the type and geographic location of our customers, and the distribution of our products/services. The Company further determined that its logo merchandise and apparel, which revenue comprises approximately 1% of the Company’s gross annual sales, and solely exists for promotion purposes, could be aggregated with the operations in the Beverages Segment. A description of the Company’s products is contained in Note 1, Organization and Description of Business. Segments. S. Registration Rights Agreement In May 2020, the Company completed a private placement transaction (the “2020 Private Placement”) of three secured convertible debentures (the “2020 Debentures”), convertible for up to 105,947,397 shares (the “2020 Conversion Shares”) of Common Stock and a Warrant to purchase Common Stock (the “2020 Warrant”), exercisable for up to 20,000,000 shares of Common Stock (the “2020 Warrant Shares”), pursuant to that certain Securities Purchase Agreement between an otherwise unaffiliated third-party investor (the “Selling Stockholder”) and the Company, dated as of May 14, 2020 (the “2020 SPA”). The Company sold and issued the initial 2020 Debenture (the “First 2020 Debenture”) and granted the Warrant promptly after entering in the 2020 SPA. The Company sold and issued the second 2020 Debenture (the “Second 2020 Debenture”) promptly after filing the registration statement on Form S-1 (the “2020 Registration Statement”) with the Securities and Exchange Commission (the “SEC”). The Company sold and issued the third 2020 Debenture (the “Third 2020 Debenture”) promptly after the SEC declared the Registration Statement effective. The Company agreed to register the 2020 Conversion Shares and 2020 Warrant Shares pursuant to the terms of the Registration Rights Agreement between the Selling Stockholder and Company, dated as of May 14, 2020 (the “2020 Registration Rights Agreement”). Pursuant to the terms of the Registration Rights Agreement, the Company agreed to file the Registration Statement with the SEC registering for resale the Conversion Shares and the Warrant Shares within 45 calendar days following the closing of the Private Placement. Further, the Company agreed to use its best efforts to have the Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the effectiveness deadline, or by the 5 th th The Company accounts for registration rights agreements in accordance with ASC subtopic 825-20, Registration Payment Arrangements Loss Contingencies In February 2021, the Company completed an additional private placement transaction (the “2021 Private Placement”) of two secured convertible debentures (the “2021 Debentures”), convertible for up to 154,958,678 shares (the “2021 Conversion Shares”) of Common Stock and granted a Warrant to purchase Common Stock (the “2021 Warrant”), exercisable for up to 50,000,000 shares of Common Stock (the “2021 Warrant Shares”), pursuant to that certain Securities Purchase Agreement between the Selling stockholder and the Company, dated as of February 10, 2021 (the “2021 SPA”). The Company sold and issued the initial 2021 Debenture (the “First 2021 Debenture”) and granted the 2021 Warrant promptly after entering in the 2021 SPA. The Company will sell and issue the second 2021 Debenture (the “Second 2021 Debenture”) promptly after the SEC declares effective the 2021 Registration Statement (as defined below). The 2021 Debentures are due 12 months from their respective issuance dates and are secured by all of the Company’s assets and the assets of each of its subsidiaries pursuant to that certain Security Agreement by and among the Selling Stockholder, the Company’s subsidiaries, and the Company. Initially, the 2021 Debentures are convertible at the lower of (i) the fixed conversion price, which is $0.03 per share, subject to adjustment (the “2021 Fixed Conversion Price”), or (ii) 80% of the lowest daily volume weighted average price (“VWAP”) of our Common Stock during the 15 trading days immediately preceding the conversion date, subject to adjustment (the “2021 Market Conversion Price”). The 2021 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of its Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2021 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2021 Debentures. The 2021 Debentures are subject to a “conversion blocker” such that the Selling Stockholder cannot convert any portion of the 2021 Debentures that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such conversion (excluding, for purposes of such determination, shares of the Common Stock issuable upon conversion of the 2021 Debentures or exercise of the 2021 Warrant that had not then been converted or exercised, respectively). The Selling Stockholder can increase that 4.99% “conversion blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. The 2021 Debentures accrue interest at an annual rate equal to 8% and are due and payable on their respective maturity dates (or sooner if the Selling Stockholder converts the 2021 Debentures or otherwise accelerates the maturity date, as provided for in the 2021 Debentures). Interest is payable either in cash or, if certain Equity Conditions (as defined in the 2021 Debentures) are then satisfied, in shares of the Common Stock at the 2021 Market Conversion Price on the trading day immediately prior to the date paid. At the Company’s option, it has the right to redeem, in part or in whole, the outstanding principal and interest under the 2021 Debentures prior to their respective maturity dates; provided, that, as of the date of the holder’s receipt of the redemption notice, (i) the VWAP of the Common Stock is less than the 2021 Fixed Conversion Price, initially $0.03 per share, and (ii) there is no Equity Conditions failure. The Company must pay an amount equal to the principal amount being redeemed plus outstanding and accrued interest thereon, as well as a redemption premium equal to 15% of the outstanding principal amount being redeemed (the “Redemption Premium”). The Company must provide the holder 15 business days’ advance notice of its intent to make a redemption, setting forth the amount of principal and interest we desire then to redeem plus the applicable Redemption Premium. The 2021 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2021 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2021 Debentures. Pursuant to the 2021 SPA, the purchase price for the First 2021 Debenture was $900,000, less $41,000 for origination fees, which consisted of the “original issue discount” of $36,000 and $5,000 as a structuring fee. Pursuant to the 2021 SPA, the purchase price for the Second 2021 Debenture will be $600,000, less $24,000 as an “original issue discount.” In connection with the 2021 Private Placement, the Company also granted the 2021 Warrant to purchase up to an aggregate of 50 million shares of the Common Stock. The 2021 Warrant has a three-year term and is immediately exercisable at an exercise price of $0.03 per share, subject to adjustment. If the Company fails to maintain an effective registration statement with the SEC covering the resale of the 2021 Warrant Shares, or if an Event of Default (as defined below) has occurred and is continuing, then the holder may exercise the 2021 Warrant on a “cashless” basis. “Event of Default” means an event of default under the 2021 SPA or the 2021 Debentures. The 2021 Warrant contains an adjustment provision that, subject to certain exceptions, reduces the exercise price if the Company issues shares of our Common Stock or common stock equivalents at a price lower than the then-current exercise price of the 2021 Warrant. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the exercise price of the 2021 Warrant. The 2021 Warrant is subject to an “exercise blocker” such that the Selling Stockholder cannot exercise any portion of the 2021 Warrant that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such exercise (excluding, for purposes of such determination, shares of the Common Stock issuable upon exercise of the 2021 Warrant or conversion of the 2021 Debentures that had not then been exercised or converted, respectively). The Selling Stockholder can increase that 4.99% “exercise blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. Pursuant to the terms of the 2021 Registration Rights Agreement with the Selling Stockholder, the Company agreed to file a registration statement on Form S-1 (the “2021 Registration Statement”) with the SEC registering for resale the 2021 Conversion Shares and the 2021 Warrant Shares within 30 calendar days following the closing of the 2021 Private Placement. The Selling Stockholder has agreed to waive this 30-calendar-day provision for so long as the Company utilized its best efforts to file its Annual Report on Form 10-K for its fiscal year ended December 31, 2020, and promptly thereafter files the 2021 Registration Statement. Further, the Company agreed to use its best efforts to have the 2021 Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the effectiveness deadline, or by the 5th trading day following the date on which the Company is notified that the 2021 Registration Statement will not be reviewed or is no longer subject to further review and comments. Pursuant to the 2021 Registration Rights Agreement, the Company is subject to partial liquidated damages equal to 2.0% of the aggregate purchase price paid by the holder pursuant to the 2021 SPA for either of the 2021 Debentures then held by the holder for failure to file the 2021 Registration Statement timely, failure to file with the SEC a request for acceleration in accordance with Rule 461 promulgated under the Securities Act, within five trading days after the date the Company is notified that the 2021 Registration Statement will not be reviewed or is not subject to further review, the 2021 Registration Statement is not declared effective by the effectiveness deadline, if after effectiveness, the 2021 Registration Statement ceases for any reason to remain continuously effective as required or if the holders are not permitted to utilize the prospectus therein to resell for more than 30 consecutive calendar days or more than an aggregate of 40 calendar days during any 12-month period, or if after the six-month anniversary of the 2021 Registration Rights Agreement, the Company does not have available adequate current public information as set forth in Rule 144(c). The parties agreed that the maximum aggregate liquidated damages payable to a holder of the 2021 Debentures under the 2021 Registration Rights Agreement is 24% of the aggregate purchase price paid by such holder pursuant to the 2021 SPA. The Company also agreed, among other things, to indemnify the Selling Stockholder from certain liabilities and to pay all fees and expenses incurred by the Company in connection with the registration of the 2021 Conversion Shares and the 2021 Warrant Shares held by the Selling Stockholder. T. Recently Issued Accounting Pronouncements The Company has evaluated all recently issued accounting pronouncements, issued or proposed, by the FASB or other standards-setting bodies as of the period ending March 31, 2021. The Company does not expect a material impact on the Company’s financial position, result of operations, or cash flows from these pronouncements.
S and S Beverage [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A. Basic of presentation The accompanying consolidated financial statements are unaudited and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared on the accrual basis of accounting and in accordance with generally accepted accounting principles (“GAAP”) in the United States. B. Use of estimates The preparation of the consolidated 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. Estimates also affect the reported amounts of revenue and expenses during the reporting period. Actual events and results could differ from those assumptions and estimates. C. Cash and cash equivalents For the purpose of reporting cash flows, the Company considers all unrestricted, highly liquid investments with an initial maturity of three months or less to be cash equivalents. D. Fair value of financial instruments The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts payable, accrued liabilities, and notes payable approximate fair value given their short-term nature or effective interest rates. The accounting guidance establishes a three-tiered hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value. A fair value hierarchy has been established for valuation inputs that gives the highest priority to quoted price in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarch is as follows: Leve 1 – quoted prices in active markets for identical assets or liabilities; Level 2 – inputs other than Level 1 that are observable, either directly or indirectly; such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets and liabilities in markets that are not active, or inputs that are observable or an be corroborated by observable market data for substantially the full term of the assets or liabilities; or Level 3 – unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. E. Accounts receivable Accounts receivable are recorded at net realizable value. The Company determines provisions for uncollectible accounts, sales returns, and claims based upon factors including the credit risk and activity of specific customers, historical trends, and other information. In the circumstance that the Company becomes aware of a specific customer’s inability to meet its financial obligations, bad debt charges are recorded based on an overall assessment of past due accounts receivable outstanding. No bad debt was recorded in the accompanying statement of income one month ending January 31, 2021 and 2020, respectively. Management will review annually to determine provisions and record an allowance as deemed necessary. In the opinion of management, no provision is deemed necessary for sales returns and all accounts were deemed collectible at December 31, 2020. The balance of allowance for Uncollectible Accounts as of January 31, 2021 and December 31, 2020 is $24,280, respectively. F. Inventories The Company’s inventories are valued at the lower cost or net realizable value. The Company’s inventories consist almost entirely of finished goods and freight. We periodically evaluate and adjust inventories for obsolescence. In the opinion of management, no provision for obsolescence is deemed necessary. The shelf life of all beverage inventory is two years, and as of the balance sheets dated January 31, 2021 and December 31, 2020, all inventory is current. G. Property, plant and equipment Property, plant and equipment are reported on the balance sheet at cost less accumulated depreciation. Assets with a useful life greater than one year and cost greater than $100 are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the asset as follows: Estimated useful lives (in years) Furniture and fixtures 7 Machinery and equipment 7 Vehicles 5 Computer equipment 5 – 7 H. Revenue recognition We sell our Lemin Superior Lemonade, now named OOH LA Lemin, through resellers and distributors. In evaluating the timing of the transfer of control of products to our distributors and resellers, we consider several indicators, including significant risks and rewards of products, our right to payment, and the legal title of the products. We recognize revenue from product sales to distributors and resellers when products that do not require further services by us are shipped, when there are no uncertainties surrounding product acceptance, and when collectability is reasonably assured. On January 1, 2019, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) To apply these principles, Topic 606 outlines a five-step process: 1. Identify the contract with a customer. 2. Identify the separate performance obligations in the contract. 3. Determine the transaction price. 4. Allocate the transaction price to the separate performance obligations in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation Pursuant to ASC Topic 606, the Company recognizes revenue when performance obligations under the terms of a contract are satisfied, which occurs typically upon the transfer of control, including the risks and rewards of ownership. With respect to the Company, performance is deemed to occur upon shipment or delivery of products to its customers based on the written contract terms, which is also when control is transferred. The Company evaluated the guidance in ASC 606-10-50-5 and the related implementation guidance to determine if disaggregation of revenues that would be meaningful. The Company’s revenue is earned from its sale of Lemin Superior Lemonade, now named OOH LA Lemin, and is recognized when it satisfies a single performance obligation by transferring control of its products to a customer. The Company does not have significant financing component or payment terms, and it does not have any material unsatisfied performance obligations. The sales from the Company’s beverages are organized as one reportable segment. I. Cost of revenue Cost of revenues consists primarily of expenses associated with the delivery and distribution of products. These include expenses related to direct procurement costs and shipping and handling costs. The Company bills shipping and handling fees charged to customers as part of sales and the associated expense as part of cost of revenues. The costs are charged to cost of revenues in the same period that the associated revenue is earned. J. Impairment of long-lived assets The Company evaluates its long-lived assets for financial impairment as events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company evaluates the recoverability of long-lived assets used in operations by measuring the carrying amount of the assets against their estimated undiscounted future cash flows. If such evaluations indicated that the future undiscounted cash flows of certain long-lived assets are not sufficient to recover the carrying value of such assets, the assets are adjusted to fair values. Management completed an impairment review as of December 31, 2020 and determined long-lived assets were not impaired. K. Income taxes The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes, The Company has no recorded liabilities for uncertain tax positions as of the accompanying Consolidated Balance Sheets dated December 31, 2020 and December 31, 2019, respectively. L. Advertising costs The Company expenses costs of advertising and promotions as incurred. The Company includes in advertising costs inventory given away as promotional merchandise or free samples to create sales. Advertising and promotion costs for the one month ended January 31, 2021 and 2020, were approximately $286 and $2,195, respectively, which amounts were included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss. M. Concentration of Credit Risk The Company maintain cash balances at financial institutions. Accounts at each institution are insured by the Federal Deposit Insurance Corporation up to $250,000. The Company has not experienced any losses in such accounts and periodically evaluates the credit worthiness of the financial institutions and had determined the credit exposure to be negligible. N. Basic and diluted earnings per share In accordance with accounting guidance now codifies as FASB ASC 260 (Earnings per Share) Diluted per share loss is the same as basic per share loss when there is a loss from continuing operations. O. Segments ASC 280-10, Segment Reporting P. Recently issued accounting pronouncements The Company has evaluated all recently issued accounting pronouncements, issued or proposed, by the FASB or other standards-setting bodies as of the period ending September 30, 2020. The Company does not expect a material impact on the Company’s financial position, result of operations, or cash flows from these pronouncements.

INVENTORY

INVENTORY	3 Months Ended
	Mar. 31, 2021
INVENTORY	NOTE 3 – INVENTORY Inventory consisted of the following: March 31, 2021 December 31, 2020 CBD Energy Water $ 147,199 $ 159,813 Hemp Energy Drink 303,918 343,119 Storm CBD Water 29,938 28,692 Ooh La Lemin Drink 165,966 — Merchandise and Apparel 12,149 11,948 Unfilled Cans, Trays and Sleeves 108,788 38,705 Miscellaneous Beverages 32,177 33,225 Other Inventory 59,877 43,362 Point of Sale Inventory 1,640 1,640 Total Inventory $ 861,652 $ 660,504
S and S Beverage [Member]
INVENTORY	NOTE 3 – INVENTORY Inventory consisted of the following: January 31, 2021 December 31, 2020 Lemin $ 234,885 $ 234,885 Trays, Cans and Sleeves 5,912 5,912 Raw Materials — — Total Inventory $ 240,797 $ 240,797

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	3 Months Ended
	Mar. 31, 2021
PROPERTY, PLANT AND EQUIPMENT	NOTE 4 – PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following: March 31, 2021 December 31, 2020 Furniture and Fixtures $ 66,154 $ 57,879 Computers and Software 18,855 16,638 Machinery & Equipment 88,456 79,951 Vehicles 68,135 68,135 Less: Accumulated Depreciation (64,638 ) (54,731 ) Property, plant and equipment, net $ 176,962 $ 167,872 Depreciation for the three months ended March 31, 2021 and 2020, was approximately $9,907 and $7,673 respectively, and is included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss.
S and S Beverage [Member]
PROPERTY, PLANT AND EQUIPMENT	NOTE 4 – PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment consisted of the following: January 31, 2021 December 31, 2020 Start-up Cost $ 11 $ 11 Website Costs 14,500 14,500 Less: Accumulated Depreciation (2,311 ) (2,311 ) Property, plant and equipment, net $ 12,200 $ 12,200 Amortization expense for the one month ended January 31, 2021 and 2020 was $0, respectively.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	NOTE 5 – GOODWILL AND INTANGIBLE ASSETS In April 2019, Gold Leaf acquired 21,000,000 shares, representing all of the issued and outstanding shares of common stock, $0.01 par value per share, of BigSupersearch.com, Inc., a California corporation (“BigSupersearch”), and 14,000,000 shares of its Series A preferred stock, for $61,000, which amount included the purchase price, attorney fees, and transfer fees. At the time of the acquisition, BigSupersearch was considered a “shell company” because it had no operations and no assets. Because no transfer of assets or liabilities occurred, the entire $61,000, representing the consideration paid for all of the issued and outstanding capital stock of BigSupersearch, was recorded as goodwill. Gold Leaf has not commenced operations or done anything with BigSupersearch and it still remains a shell company. Goodwill may not be amortized. Instead, it is tested at least annually for impairment. Impairment is the condition that exists when the carrying amount of goodwill exceeds its implied fair value. The fair value of goodwill can be measured only as a residual and cannot be measured directly. The Company uses a methodology to determine an amount that achieves a reasonable estimate of the value of goodwill for purposes of measuring an impairment loss. That estimate is referred to as the implied fair value of goodwill. At December 31, 2019, BigSupersearch had a positive equity and the Company elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of BigSupersearch exceeded its carrying value, including goodwill. In accordance with the Qualitative Assessment outlined in ASC 350-20-35, Goodwill – Subsequent Measurement , The Quantitative Assessment is a two-step process as outlined in ASC 350-20-35 and is used to identify both the existence of impairment and the amount of impairment. The first step is to determine the fair value. If the carrying amount is greater than zero and its fair value exceeds its carrying amount, then there is no impairment and the second step is not necessary. If the carrying amount of BigSupersearch exceeds the fair value, then goodwill will be measured for impairment in the second step. The amount of impairment loss recorded is the difference in the excess of the carrying amount over its fair value. Management determined that for the year ending December 31, 2019, BigSupersearch had no identifiable assets or liabilities; therefore, the implied fair value of goodwill is zero. Based on this assessment, goodwill was impaired by the full carrying amount of $61,000. At December 31, 2020, the Company had $0 in goodwill. On January 21, 2021, the Company entered into an Agreement and Plan of Merger with S and S Beverage, Inc. and its shareholders and acquired all of the capital stock of S and S Beverage Inc. (“S and S”). To consummate the Acquisition, a Certificate of Merger with the Wisconsin Department of Financial Institutions (the “Merger Certificate”) on February 1, 2021. On January 22, 2021, (i) Kona Gold, (ii) KGS Temporary Company, Inc. (the “Acquisition Subsidiary”), (iii) S and S, (iv) William J. Stineman and K&L Beverage, LLC, a Wisconsin limited liability company (as the indemnifying S and S shareholders), and (v) Mr. Stineman (as representative of the S and S Shareholders) entered into the Agreement and Plan of Merger (the “Merger Agreement”). S and S merged with and into our Acquisition Subsidiary; S and S was the surviving entity and became our wholly-owned subsidiary of Kona Gold. Pursuant to the Merger Agreement, and subject to the terms and conditions contained therein, Acquisition of S and S Beverage, Inc. Changes in goodwill are as follows: March 31, December 31, 2021 2020 Beginning of year $ — $ — Acquired goodwill 1,275,938 — Impairment — — Total goodwill $ 1,275,938 $ — Intangible asset consisted of the following: March 31, 2021 December 31, 2020 Trademark (HighDrate) $ 81,750 $ 81,750 Website Development (Ooh La Lemin) 12,201 — Less: Accumulated Amortization (14,510 ) (12,262 ) Total Intangible Asset $ 79,441 $ 69,488 Estimated future amortization expense related to the intangible asset is as follows: Fiscal year ending: December 31, 2021 (remaining 9 months) 7,046 December 31, 2022 9,395 December 31, 2023 9,395 December 31, 2024 9,395 December 31, 2025 9,395 Thereafter 34,815 $ 79,441

NOTE RECEIVABLE

NOTE RECEIVABLE	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
NOTE RECEIVABLE	NOTE 6 – NOTE RECEIVABLE On May 26, 2016, Robert Clark, formed Elev8 Hemp, LLC, a Delaware limited liability company (“Elev8 Hemp”), on behalf of Ryan Medico, the Company’s then-Chief Financial Officer. Mr. Medico was the sole owner of and served as President of Elev8 Hemp. In June 2016, the Company entered into a letter of intent with Elev8 Hemp to acquire it, such that it would become the Company’s wholly-owned subsidiary. Pursuant to the letter of intent, on June 7, 2016, the Company entered into an Acquisition Agreement with Elev8 Hemp (the “Elev8 Hemp Acquisition Agreement”), whereby the Company agreed to acquire 100% of the ownership of Elev8 Hemp and, in exchange, the Company agreed to issue to Mr. Medico five million restricted shares of the Common Stock, which had a fair market value of $50,000. The Elev8 Hemp Acquisition Agreement provided that if the Company failed to adequately capitalize the development of Elev8 Hemp to complete its objectives set forth in its business plan, then Mr. Medico would have the option until March 31, 2018 to purchase Elev8 Hemp from the Company for a purchase price of $50,000, which could be paid in shares of the Company’s Common Stock. On October 10, 2016, the Company entered into a Membership Interest Purchase Agreement (the “Membership Interest Purchase Agreement”) with Elev8 Hemp, as the Company’s wholly-owned subsidiary, and Branded Legacy, Inc., formerly known as Elev8 Brands, Inc. and, prior to that, known as PLAD, Inc. (“Branded Legacy”), to sell 100% of the then-issued and outstanding membership interests of Elev8 Hemp to Branded Legacy in consideration of its issuance to the Company of 200,000,000 shares of its common stock, par value $0.00001. In connection with this transaction, Mr. Medico became the Chief Executive Officer and the sole director of Branded Legacy. The parties desired to enter into the Membership Interest Purchase Agreement because the Company did not have adequate capital to fund the development of Elev8 Hemp’s business, as well as its own. Until July 2018, Mr. Medico also continued to serve as the Company’s Chief Financial Officer. On April 14, 2017, the Company’s Board of Directors (the “Board”) declared a dividend to its stockholders of an aggregate of 53,196,608 shares of common stock of Branded Legacy. The Company’s stockholders received one share of common stock of Branded Legacy for every 10 shares of the Company’s Common Stock held on the record date. On the record date, we had approximately 104 stockholders, all of whom received this dividend. After the payment of the dividend, the Company held 146,803,392 shares of common stock of Branded Legacy. On March 6, 2018, the Company entered into a Securities Exchange and Settlement Agreement (the “First Exchange Agreement”) with Branded Legacy. Pursuant to the First Exchange Agreement, the Company exchanged with Branded Legacy the remaining 146,803,392 shares of common stock held by the Company for 2,746,723 shares of Branded Legacy’s Series D preferred stock. The shares of Series D preferred stock were initially convertible into 164,803,380 shares of common stock of Branded Legacy. At December 31, 2018, the balance of the investment in Branded Legacy was $1,648. On November 26, 2019, we entered into a second Securities and Exchange Agreement with Branded Legacy, whereby we exchanged the remaining investment of 2,746,723 shares of Branded Legacy’s Series D preferred stock for its 10-year, unsecured, non-convertible promissory note in our favor in the original principal amount of $1,500,000 (the “Branded Legacy Note”). All principal and accrued and unpaid interest on the Branded Legacy Note is payable, in full, on November 27, 2029. As of the dates of the foregoing transactions, the Company and Branded Legacy were not considered related parties based upon the guidance set forth in ASC Topic 850, Related Party Disclosures Management could not ascertain with certainty of the collectability of the Branded Legacy Note due to the dollar amount and duration of the term; therefore, an allowance for $1,500,000 had been assessed and expensed, which was included in the Consolidated Statements of Loss for the year ended December 31, 2019. The Branded Legacy Note and the investment in Branded Legacy consisted of the following: March 31, 2021 December 31, 2020 Investment in Branded Legacy $ — $ — Note receivable 1,500,000 1,500,000 Less: Allowance for doubtful account (1,500,000 ) (1,500,000 ) Note receivable, net $ — $ —

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
STOCK-BASED COMPENSATION	NOTE 7 – STOCK-BASED COMPENSATION The Company’s directors, officers, key employees, and non-employees were granted stock-based compensation consisting of restricted stock awards. Stock-based compensation is measured at the grant date, based on the fair value of the award, and is recognized as an expense at the date of issuance. The Company estimates the fair value of each restricted stock award as of the date of grant using closing price as reported by the OTCM on the date of grant. The Board has not adopted any employee stock purchase plans or other incentive plans, nor does the Company grant stock options to its directors, officers, and employees. The share-based payments granted for the three months ended March 31, 2021 and the year ended December 31, 2020, were 9,000,000 and 10,085,140 shares of the Common Stock, respectively. No stock-based Common Stock was cancelled or forfeited for the three months ended March 31, 2021 and the year ended December 31, 2020, respectively. For the three months ended March 31, 2021 and 2020, the Company recognized stock-based compensation expense, which is included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss, as follows: Three Months Ended March 31, Three Months Ended March 31, 2021 2020 Employee stock awards $ — $ 318,500 Non-employee stock awards 270,900 — Total stock-based compensation expense $ 270,900 $ 318,500 The Company expenses stock-based compensation cost in the current period at the grant date. No future years of compensation is expected for the next five fiscal years. The Company has a balance in accrued stock-based compensation at March 31, 2021 and December 31, 2020, of $1,386,497 and $1,386,497, respectively.

LINE OF CREDIT

LINE OF CREDIT	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
LINE OF CREDIT	NOTE 8 – LINE OF CREDIT On May 5, 2018, Kona entered into a Line of Credit Agreement with Matthew Nicoletti as the lender, which established a revolving line of credit in the amount of up to $400,000. The line of credit matures on May 5, 2022 and is reflected as non-current on the accompanying Consolidated Balance Sheets. Advances under the line of credit bear interest at the rate of 3.75 percent per annum. Payments of principal and accrued interest are payable on the maturity date. At March 31, 2021 and December 31, 2020, the line of credit had an outstanding principal balance of $398,470, respectively, and accrued interest of $35,787 and $32,102, respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2021
RELATED PARTY TRANSACTIONS	NOTE 9 – RELATED PARTY TRANSACTIONS A. Long-term debt consists of two note payables with a related party: 1) On October 31, 2018, Kona issued a Standard Promissory Note in favor of Robert Clark, as lender, in the original principal amount of $20,000. Mr. Clark is the Company’s President, Chief Executive Officer, Secretary, and Chairman of the Board. The note bears no interest. Principal payments of $500 per month commenced in February 2019, with the final payment due in April 2021. The outstanding principal balance of this note at March 31, 2021 and December 31, 2020 was $7,000 and $8,500, respectively. 2) On February 19, 2019, Gold Leaf issued a Standard Promissory Note in Favor of Robert Clark, as lender, in the original principal amount of $70,000. The note bears no interest. Principal payments of $500 per month commenced in March 2019, with final payment due in March 2021. On March 15, 2021, Gold Leaf issued an Amendment to the original issued Standard Promissory Note in Favor of Robert Clark for the remaining outstanding principle of $58,000. Principal payment of $500 per month, with final payment due in March 2022. The outstanding principal balance of this note at March 31, 2021 and December 31, 2020 was $58,000 and $59,500, respectively. The future maturities are as follows: December 31, 2021(remaining 9 months) $ 65,000 $ 65,000 B. Lines of credit consists of two agreements with a related party: 1) On April 4, 2019, Kona entered into a Line of Credit Agreement with Robert Clark. The agreement established a revolving line of credit in the amount of up to $1,500,000. Advances under this line of credit bear interest at the rate of 3.75 percent per annum. The line of credit matures on April 4, 2021, at which time all outstanding principal amounts and accrued interest are due and payable. At March 31, 2021 and December 31, 2020, outstanding principal was $1,372,651 and $1,369,651, respectively, and accrued interest was $48,757 and $36,397, respectively. 2) On August 29, 2019, Gold Leaf entered into a Line of Credit Agreement with Robert Clark. The agreement established a revolving line of credit in the amount of up to $200,000. Advances under this line of credit bear interest at the rate of 3.75 percent per annum. The line of credit matures on August 29, 2021, at which time all outstanding principal amounts and accrued interest are due and payable. At March 31, 2021 and December 31, 2020, outstanding principal was $125,500 and $100,000, respectively, and accrued interest was $4,706 and $3,545, respectively.
S and S Beverage [Member]
RELATED PARTY TRANSACTIONS	NOTE 5– RELATED PARTY TRANSACTIONS A. Long-term debt consists of two note payables with a related party: 1) Long-term debt consists of one 8% interest per annum note payable for $200,000 from a related party. Payments of $9,045 per month is due beginning October 17, 2018. On June 1, 2020, an additional $35,000 was received, and on January 14, 2021, an additional $10,000 was received on the same note, under new terms that the Note shall be payable in one (1) payment of principle plus interest at or before the maturity date of November 1, 2023. In the accompanying balance sheets dated January 31, 2021 and December 31, 2020, the balance of the note payable is $123,761, and $113,761, respectively, and accrued interest was $11,776, respectively. 2) Long-term debt consists of one 8% interest per annum note payable for $612,700 from a related party on November 1, 2019. Note shall be payable in one (1) payment of principle plus interest at or before the maturity date of November 1, 2023. On December 31, 2019, $412,700 has been forgiven in full by the related party. In the accompanying balance sheets dated January 31, 2021, and December 31, 2020, the balance of the note payable is $200,000, respectively. 3) Long-term debt consists of one 2% interest per annum note payable for $300,000 from a related party on February 1, 2020. Note shall be payable in one (1) payment of principle plus interest at or before the maturity date three (3) days after the sale of substantially all of the assets or equity. In the accompanying balance sheets dated January 31, 2021, and December 31, 2020, the balance of the note payable is $300,000, respectively, and accrued interest was $9.953, respectively. 4) Long-term debt consists of one 0% interest per annum note payable for $200,000 from a related party on July 31, 2020. Note shall be payable in one (1) payment of principle plus interest at or before the maturity date three (3) days after the sale of substantially all of the assets or equity. In the accompanying balance sheets dated January 31, 2021, and December 31, 2020, the balance of the note payable is $198,000, respectively, and accrued interest was $0, respectively. 5) Long-term debt consists of one 8% interest per annum note payable for $25,000 from a related party on April 30, 2020. Note shall be payable in one (1) payment of principle plus interest at or before the maturity date of November 1, 2023. On November 30, 2020, this debt was forgiven. In the accompanying balance sheet dated January 31, 2021, and December 31, 2020, there is no balance due, respectively. The future maturities are as follows: December 31, 2021 – December 31, 2022 $ — November 1, 2023 798,261 $ 798,261

SECURITIES PURCHASE AGREEMENT,

SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT	NOTE 10 – SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT 2020 Securities Purchase Agreement In May 2020, the Company completed the 2020 Private Placement of the 2020 Debentures and the 2020 Warrant pursuant to the 2020 SPA. The Company sold and issued the First 2020 Debenture and granted the 2020 Warrant promptly after entering in the 2020 SPA. The Company sold and issued the Second 2020 Debenture promptly after filing the 2020 Registration Statement initially with the SEC. The Company sold and issued the Third 2020 Debenture promptly after the SEC declared the Registration Statement effective. The 2020 Debentures are due 12 months from their respective issuance dates and are secured by all of the Company’s assets and the assets of each of its subsidiaries pursuant to that certain Security Agreement by and among the Selling Stockholder, the Company’s subsidiaries, and the Company. Initially, the 2020 Debentures are convertible at the lower of (i) the fixed conversion price, which is $0.05 per share, subject to adjustment (the “2020 Fixed Conversion Price”), or (ii) 80% of the lowest daily volume weighted average price (“VWAP”) of our Common Stock during the 15 trading days immediately preceding the conversion date, subject to adjustment (the “2020 Market Conversion Price”). The 2020 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of its Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2020 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2020 Debentures. The 2020 Debentures are subject to a “conversion blocker” such that the Selling Stockholder cannot convert any portion of the 2020 Debentures that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such conversion (excluding, for purposes of such determination, shares of the Common Stock issuable upon conversion of the 2020 Debentures or exercise of the 2020 Warrant that had not then been converted or exercised, respectively). The Selling Stockholder can increase that 4.99% “conversion blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. The 2020 Debentures accrue interest at an annual rate equal to 8% and are due and payable on their respective maturity dates (or sooner if the Selling Stockholder converts the 2020 Debentures or otherwise accelerates the maturity date, as provided for in the 2020 Debentures). Interest is payable either in cash or, if certain Equity Conditions (as defined in the 2020 Debentures) are then satisfied, in shares of the Common Stock at the 2020 Market Conversion Price on the trading day immediately prior to the date paid. At the Company’s option, it has the right to redeem, in part or in whole, the outstanding principal and interest under the 2020 Debentures prior to their respective maturity dates; provided that The 2020 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of the Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2020 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2020 Debentures. Pursuant to the terms of the Registration Rights Agreement, the Company agreed to file the Registration Statement with the SEC registering for resale the Conversion Shares and the Warrant Shares within 45 calendar days following the closing of the 2020 Private Placement. The Company also agreed, among other things, to indemnify the Selling Stockholder from certain liabilities and to pay all fees and expenses incurred by the Company in connection with the registration of the Conversion Shares and the Warrant Shares held by the Selling Stockholder. Pursuant to the 2020 SPA, the purchase price for the First 2020 Debenture was $250,000, less $15,000 for origination fees, which consisted of the “original issue discount” of $10,000 and $5,000 as a structuring fee. On December 23, 2020, the Company converted $100,000 of the principal of, and $12,274 of accrued interest on, the First 2020 Debenture into 8,255,438 shares of the Company’s common stock. On January 25, 2021, the Company converted $150,000 of the principal of, and $1,118 of accrued interest on, the First 2020 Debenture into 7,094,732 shares of the Company’s common stock, see Note 11, equity transactions Pursuant to the 2020 SPA, the purchase price for the Second 2020 Debenture was $250,000, less $10,000 for origination fees, which consisted of the “original issue discount” of $10,000 fee. On January 25, 2021, the Company converted $100,000 of the principal of, and $10,410 of accrued interest on, the Second 2020 Debenture into 5,183,613 shares of the Company’s common stock. On February 19, 2021, the Company converted $150,000 of the principal of, and $855 of accrued interest on, the Second 2020 Debenture into 7,252,634 shares of the Company’s common stock see Note 11, equity transactions Pursuant to the 2020 SPA, the purchase price for the Third 2020 Debenture was $500,000, less $10,000 for origination fees, which consisted of the “original issue discount” of $10,000 fee. On January 12, 2021, the Company converted $200,000 of the principal of, and $1,425 of accrued interest on, the First 2020 Debenture into 10.887,819 shares of the Company’s common stock, see Note 11, equity transactions 2021 Securities Purchase Agreement In February 2021, the Company completed a private placement transaction (the “2021 Private Placement”) with the Selling Stockholder of two secured convertible debentures (the “2021 Debentures”), convertible for up to 154,958,678 shares (the “2021 Conversion Shares”) of Common Stock and granted a Warrant to purchase Common Stock (the “2021 Warrant”), exercisable for up to 50,000,000 shares of Common Stock (the “2021 Warrant Shares”), pursuant to that certain Securities Purchase Agreement between the Selling stockholder and the Company, dated as of February 10, 2021 (the “2021 SPA”). The Company sold and issued the initial 2021 Debenture (the “First 2021 Debenture”) and granted the 2021 Warrant promptly after entering in the 2021 SPA. The Company will sell and issue the second 2021 Debenture (the “Second 2021 Debenture”) promptly after the SEC declares effective the 2021 Registration Statement (as defined below). On May 5, 2021, the Company and the Selling Stockholder entered into a Limited Amendment Agreement, pursuant to which we agreed to a partial Second Closing, whereby the Selling Stockholder purchased a portion of the intended Second Convertible Debenture in the face amount of $200,000 for a purchase price of $192,000. The 2021 Debentures are due 12 months from their respective issuance dates and are secured by all of the Company’s assets and the assets of each of its subsidiaries pursuant to that certain Security Agreement by and among the Selling Stockholder, the Company’s subsidiaries, and the Company. Initially, the 2021 Debentures are convertible at the lower of (i) the fixed conversion price, which is $0.03 per share, subject to adjustment (the “2021 Fixed Conversion Price”), or (ii) 80% of the lowest daily volume weighted average price (“VWAP”) of our Common Stock during the 15 trading days immediately preceding the conversion date, subject to adjustment (the “2021 Market Conversion Price”). The 2021 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of its Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2021 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2021 Debentures. The 2021 Debentures are subject to a “conversion blocker” such that the Selling Stockholder cannot convert any portion of the 2021 Debentures that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such conversion (excluding, for purposes of such determination, shares of the Common Stock issuable upon conversion of the 2021 Debentures or exercise of the 2021 Warrant that had not then been converted or exercised, respectively). The Selling Stockholder can increase that 4.99% “conversion blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. The 2021 Debentures accrue interest at an annual rate equal to 8% and are due and payable on their respective maturity dates (or sooner if the Selling Stockholder converts the 2021 Debentures or otherwise accelerates the maturity date, as provided for in the 2021 Debentures). Interest is payable either in cash or, if certain Equity Conditions (as defined in the 2021 Debentures) are then satisfied, in shares of the Common Stock at the 2021 Market Conversion Price on the trading day immediately prior to the date paid. At the Company’s option, it has the right to redeem, in part or in whole, the outstanding principal and interest under the 2021 Debentures prior to their respective maturity dates; provided, that, as of the date of the holder’s receipt of the redemption notice, (i) the VWAP of the Common Stock is less than the 2021 Fixed Conversion Price, initially $0.03 per share, and (ii) there is no Equity Conditions failure. The Company must pay an amount equal to the principal amount being redeemed plus outstanding and accrued interest thereon, as well as a redemption premium equal to 15% of the outstanding principal amount being redeemed (the “Redemption Premium”). The Company must provide the holder 15 business days’ advance notice of its intent to make a redemption, setting forth the amount of principal and interest we desire then to redeem plus the applicable Redemption Premium. The 2021 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2021 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2021 Debentures. Pursuant to the 2021 SPA, the purchase price for the First 2021 Debenture was $900,000, less $41,000 for origination fees, which consisted of the “original issue discount” of $36,000 and $5,000 as a structuring fee. Pursuant to the 2021 SPA, the purchase price for the Second 2021 Debenture will be $600,000, less $24,000 as an “original issue discount.” In connection with the 2021 Private Placement, the Company also granted the 2021 Warrant to purchase up to an aggregate of 50 million shares of the Common Stock. The 2021 Warrant has a three-year term and is immediately exercisable at an exercise price of $0.03 per share, subject to adjustment. If the Company fails to maintain an effective registration statement with the SEC covering the resale of the 2021 Warrant Shares, or if an Event of Default (as defined below) has occurred and is continuing, then the holder may exercise the 2021 Warrant on a “cashless” basis. “Event of Default” means an event of default under the 2021 SPA or the 2021 Debentures. The 2021 Warrant contains an adjustment provision that, subject to certain exceptions, reduces the exercise price if the Company issues shares of our Common Stock or common stock equivalents at a price lower than the then-current exercise price of the 2021 Warrant. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the exercise price of the 2021 Warrant. The 2021 Warrant is subject to an “exercise blocker” such that the Selling Stockholder cannot exercise any portion of the 2021 Warrant that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such exercise (excluding, for purposes of such determination, shares of the Common Stock issuable upon exercise of the 2021 Warrant or conversion of the 2021 Debentures that had not then been exercised or converted, respectively). The Selling Stockholder can increase that 4.99% “exercise blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. Pursuant to the terms of the 2021 Registration Rights Agreement with the Selling Stockholder, the Company agreed to file a registration statement on Form S-1 (the “2021 Registration Statement”) with the SEC registering for resale the 2021 Conversion Shares and the 2021 Warrant Shares within 30 calendar days following the closing of the 2021 Private Placement. The Selling Stockholder has agreed to waive this 30-calendar-day provision for so long as the Company utilized its best efforts to file its Annual Report on Form 10-K for its fiscal year ended December 31, 2020, and promptly thereafter files the 2021 Registration Statement. Further, the Company agreed to use its best efforts to have the 2021 Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the effectiveness deadline, or by the 5th trading day following the date on which the Company is notified that the 2021 Registration Statement will not be reviewed or is no longer subject to further review and comments. Pursuant to the 2021 Registration Rights Agreement, the Company is subject to partial liquidated damages equal to 2.0% of the aggregate purchase price paid by the holder pursuant to the 2021 SPA for either of the 2021 Debentures then held by the holder for failure to file the 2021 Registration Statement timely, failure to file with the SEC a request for acceleration in accordance with Rule 461 promulgated under the Securities Act, within five trading days after the date the Company is notified that the 2021 Registration Statement will not be reviewed or is not subject to further review, the 2021 Registration Statement is not declared effective by the effectiveness deadline, if after effectiveness, the 2021 Registration Statement ceases for any reason to remain continuously effective as required or if the holders are not permitted to utilize the prospectus therein to resell for more than 30 consecutive calendar days or more than an aggregate of 40 calendar days during any 12-month period, or if after the six-month anniversary of the 2021 Registration Rights Agreement, the Company does not have available adequate current public information as set forth in Rule 144(c). The parties agreed that the maximum aggregate liquidated damages payable to a holder of the 2021 Debentures under the 2021 Registration Rights Agreement is 24% of the aggregate purchase price paid by such holder pursuant to the 2021 SPA. The Company also agreed, among other things, to indemnify the Selling Stockholder from certain liabilities and to pay all fees and expenses incurred by the Company in connection with the registration of the 2021 Conversion Shares and the 2021 Warrant Shares held by the Selling Stockholder. Pursuant to the 2021 SPA, the purchase price for the First 2021 Debenture was $900,000, less $41,000 for origination fees, which consisted of the “original issue discount” of $36,000 and $5,000 as a structuring fee. At March 31, 2021, the principal balance of the First 2021 Debenture is $900,000. Derivative Liability The 2020 and 2021 Debentures have been accounted for utilizing ASC 815. The Company has incurred a liability for the estimated fair value of the First 2020 Debenture. The estimated fair value of the 2020 Debentures has been calculated using the Black-Scholes fair value option-pricing model with key input variables provided by management, as of the date of issuance, with the valuation offset against additional paid in capital, and at each reporting date, with changes in fair value recorded as gains or losses on revaluation in other income (expense). The Company identified embedded features in the 2020 and 2021 Debentures, which caused the 2020 and 2021 Debentures to be classified as a liability. These embedded features included the right for the holder to request for the Company to settle the amounts owed pursuant to the 2020 and 2021 Debentures to the holder by paying an amount of cash equal to the Black-Scholes value of the remaining unexercised portion of the 2020 and 2021 Debentures on the date of the consummation of a fundamental transaction. The accounting treatment of derivative financial instruments requires that the Company treat the whole instrument as liability and record the fair value of the instrument as a derivative as of the inception date of the instrument and to adjust the fair value of the instrument as of each subsequent balance sheet date. The derivative liabilities were valued using Black-Scholes pricing model with the following average assumptions: March 31, 2021 Stock Price $ 0.0327 Exercise Price $ 0.0276 Expected Life 1 Volatility 99.5 % Dividend Yield 0 % Risk-Free Interest Rate .06 % Fair Value $ 627,018 The following table summarizes the changes in the Company’s assets and liabilities measured at fair value as of March 31, 2021: March 31, 2021 Quoted prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Convertible promissory notes with embedded conversion option $ 627,018 $ 627,018 Total $ 627,018 $ 627,018 The following table sets forth a summary of change in fair value of the Company’s derivative liabilities for the year ended March 31, 2021: Fair value, January 1, 2020 $ — Change in fair value of embedded conversion features of debenture included in earnings — Embedded conversion option liability recorded in connection with the issuance of 2020 debenture 148,628 Fair value, June 30, 2020 $ 148,628 Change in fair value of embedded conversion features of debenture included in earnings (39,725 ) Embedded conversion option liability recorded in connection with the issuance of 2020 debentures 108,903 Fair value, September 30, 2020 $ 217,806 Change in fair value of embedded conversion features of debenture included in earnings (69,051 ) Embedded conversion option liability recorded in connection with the issuance of 2020 debentures 212,397 Fair value, December 31, 2020 $ 361,152 Change in fair value of embedded conversion features of debenture included in earnings (202,443 ) Embedded conversion option liability recorded in connection with the issuance of 2021 debentures 468,309 Fair value, March 31, 2021 $ 627,018 Warrant The Company also granted the 2020 Warrant and the 2021 Warrant to purchase up to an aggregate of 20 million shares and 50 million shares of Common Stock, respectively. The 2020 Warrant and the 2021 Warrant each has a three-year term and each is immediately exercisable at an exercise price of $0.05 per share for the 2020 Warrant and $0.03 per share for the 2021 Warrant, each subject to adjustment. If the Company fails to maintain an effective registration statement with the SEC covering the resale of the 2020 Warrant Shares and the 2021 Warrant Shares, or if an Event of Default (as defined below) has occurred and is continuing, then the holder may exercise, respectively, the 2020 Warrant and the 2021 Warrant on a “cashless” basis. “Event of Default” means an event of default under the 2020 SPA and the 2021 SPA or the 2020 Debentures and the 2021 Debentures, respectively. The 2020 Warrant and the 2021 Warrant, respectively, contains an adjustment provision that, subject to certain exceptions, reduces the exercise price if the Company issues shares of our Common Stock or common stock equivalents at a price lower than the then-current exercise price of the 2020 Warrant and the 2021 Warrant, respectively. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the exercise price of the 2020 Warrant and the 2021 Warrant, respectively. The 2020 Warrant and the 2021 Warrant, respectively, is subject to an “exercise blocker” such that the Selling Stockholder cannot exercise any portion, respectively, of the 2020 Warrant that and the 2021 Warrant would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such exercise (excluding, for purposes of such determination, shares of the Common Stock issuable, respectively, upon exercise of the 2020 Warrant and the 2021 Warrant or conversion of the 2020 Debentures and the 2021 Debentures, respectively, that had not then been exercised or converted, respectively). The Selling Stockholder can increase that 4.99% “exercise blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. During the year ended December 31, 2020, the Company granted the 2020 Warrant that was immediately exercisable for up to 20,000,000 shares of Common Stock. During the three months ended March 31, 2021, the Company granted the 2021 Warrant that was immediately exercisable for up to 50,000,000 shares of Common Stock. The 2020 Warrant and the 2021 Warrant, respectively, was fully expensed as an interest expense related to the 2020 Warrant and the 2021 Warrant issued in connection with the consummation of the transactions contemplated by the 2020 SPA and 2021 SPA, respectively, and no liability was recorded as of March 31, 2021 and December 31, 2020, respectively.

PAYCHECK PROTECTION PROGRAM LOA

PAYCHECK PROTECTION PROGRAM LOAN	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
PAYCHECK PROTECTION PROGRAM LOAN	NOTE 11 – PAYCHECK PROTECTION PROGRAM LOAN On May 4, 2020, the Company entered into a Paycheck Protection Promissory Note in the original principal amount of $95,161 (the “PPP Loan”) with Wells Fargo Bank, N.A. The PPP Loan was made under, and is subject to, the terms and conditions of the Paycheck Protection Program (the “PPP”), which was established as part of the Coronavirus Aid, Relief and Economic Security Act the (“CARES Act”) and is administered by the U.S. Small Business Administration. The PPP provides for loans to qualifying businesses for amounts up to 2.5 times of the average monthly payroll expenses of the qualifying business. The current term of the PPP Loan is two years, with a maturity date of May 6, 2022 and it contains a favorable fixed annual interest rate of 1.00%. Payments of principal and interest on the PPP Loan are deferred until the date on which the amount of the forgiveness determined under the PPP Program Requirements is remitted to Lender and shall continue monthly until loan maturity. If the Borrower fails to apply for forgiveness within 10 months after the last day of the Covered Period, as defined in the PPP Program Requirements, monthly principal and interest payments shall commence 10 months from the last day of the Covered Period. Payments of principal and interest must be made on such date as designated by Lender in the months that they are due Thereafter, principal and interest are payable monthly and may be prepaid by us at any time prior to maturity with no prepayment penalties. In January 2021, the Company entered into a Paycheck Protection Promissory Note in the original principal amount of $117,487 (the “PPP Loan 2”) with Wells Fargo Bank, N.A. The PPP Loan was made under, and is subject to, the terms and conditions of the Paycheck Protection Program (the “PPP”), which was established as part of the Coronavirus Aid, Relief and Economic Security Act the (“CARES Act”) and is administered by the U.S. Small Business Administration. The PPP provides for loans to qualifying businesses for amounts up to 2.5 times of the average monthly payroll expenses of the qualifying business. The current term of the PPP Loan is five years, with a maturity date of January 2026 and it contains a favorable fixed annual interest rate of 1.00%. Payments of principal and interest on the PPP Loan are deferred for the first six months of the term of the PPP Loan, or November 2020. Thereafter, principal and interest are payable monthly and may be prepaid by us at any time prior to maturity with no prepayment penalties. Under the terms of the CARES Act, recipients can apply for and receive forgiveness for all, or a portion of the loan granted under the PPP. Such forgiveness will be determined, subject to limitations, based on the use of loan proceeds for certain permissible purposes as set forth in the PPP, including, but not limited to, payroll costs, mortgage interest, rent or utility costs (collectively, “Qualifying Expenses”), and on the maintenance of employee and compensation levels during a certain time period following the funding of the PPP Loan. The amount of loan forgiveness will be reduced if the borrower terminates employees or reduces salaries during the eight-week period. The Company has used the proceeds of the PPP Loan for salaries and wages, building lease expense, and utilities. However, no assurance is provided that the Company will be able to obtain forgiveness of the PPP Loan in whole or in part. In May 2020, the Company also received an advance in the amount of $7,000 as part of the Economic Injury Disaster Loan program offered by the U.S. Small Business Administration. This advance was received after the Company filed its application with regarding to the PPP. The advance was not included in any of the documentation related to the PPP Loan. The Company is in the process of determining how this advance will be included as part of the PPP Loan forgiveness.

EQUITY TRANSACTIONS

EQUITY TRANSACTIONS	3 Months Ended
	Mar. 31, 2021
EQUITY TRANSACTIONS	NOTE 12 – EQUITY TRANSACTIONS Preferred Stock The Company’s issued and outstanding preferred stock, par value $0.00001 per share, at March 31, 2021 and December 31, 2020 was 988,140, respectively. The Board, without further stockholder approval, may issue preferred stock in one or more series from time to time and fix or alter the designations, relative rights, priorities, preferences, qualifications, limitations and restrictions of the shares of each series. Series A Preferred Stock The Company had authorized 4,000,000 shares of Series A Preferred Stock, par value of $0.00001 per share (the “Series A Preferred Stock”), of which no shares were authorized, issued or outstanding at March 31, 2021 and December 31, 2020 and 4,000,000 shares were authorized, issued and outstanding at March 31, 2021 and December 31, 2020. Each share of Series A Preferred Stock, when outstanding, could have been converted into one share of the Common Stock. Series B Preferred Stock The Company had authorized 1,200,000 shares of Series B Preferred Stock, par value of $0.00001 per share (the “Series B Preferred Stock”), of which 488,000 were issued and outstanding at March 31, 2021 and December 31, 2020, respectively. Each share of Series B Preferred Stock may be converted into one share of the Common Stock. Series C Preferred Stock On July 8, 2020, the Company reduced the authorized number of Series C Preferred Stock from 3,300,000 to 250 shares, par value $0.00001 per share (the “Series C Preferred Stock”), by filing a Certificate of Designation of the Preferences, Rights, and Limitations of the Series C Preferred Stock with the Secretary of State of the State of Delaware. The Company also amended the terms of the Series C Preferred Stock. The holders of shares of the Series Preferred C Stock are now entitled to 2,000,000 votes for every share of our Series Preferred C Stock held. The holders of the Series Preferred C Stock are not entitled to receive dividends. Upon any liquidation, dissolution, or winding up of the Company, whether voluntary or involuntary, before any distribution or payment will be made to the holders of any stock ranking junior to the Series C Preferred Stock, the holders of the Series C Preferred Stock will be entitled to be paid out of the Company’s assets an amount equal to $1.00 in the aggregate for all issued and outstanding shares of the Series C Preferred Stock (as adjusted for any stock dividends, combinations, splits, recapitalizations, and the like with respect to such shares) (the “Preference Value”). After the payment of the full applicable Preference Value of each share of the Series C Preferred Stock, our remaining assets legally available for distribution, if any, will be distributed ratably to the holders of the Common Stock. The Series C Preferred Stock has conversion rights, whereby each share of the Series C Preferred Stock automatically converts into one share of Common Stock on the one-year anniversary of the issuance date. March 31, 2021 and December 31, 2020, the Company had authorized 250 shares, respectively, of Series C Preferred Stock of which 140, respectively, were issued and outstanding at March 31, 2021 and December 31, 2020, respectively. At such dates, each share of the Series C Preferred Stock was convertible into one and 1,000 shares, respectively of the Common Stock. Series D Preferred Stock The Company had authorized 500,000 shares of Series D Preferred Stock, par value of $0.00001 per share (the “Series D Preferred Stock”), of which 500,000 shares were issued and outstanding at March 31, 2021 and December 31, 2020, respectively. Each share of the Series D Preferred Stock may be converted into 1,000 shares of Common Stock. Common Stock The Company had authorized 2,500,000,000 shares of the Common Stock, respectively, of which 825,726,839 shares were issued and outstanding at March 31, 2021 and 786,308,041 were issued and outstanding at December 31, 2020. Equity Transactions On July 10, 2020, the Company issued an aggregate of 4,000,000 shares of Common Stock upon the conversion of an aggregate of 4,000,000 shares of our Series A Preferred Stock by Robert Clark and Joseph Thornburg. The shares of our Common Stock on the date of issuance had a per-share fair market value of $0.0346, which was based on the closing price of our Common Stock as reported by the OTCM on the date of issuance. We issued the shares in reliance on the exemption from registration pursuant to Section 4(a)(2) of the Securities Act (in that the shares of our Common Stock issuable upon conversion did not involve any public offering). On December 23, 2020, the Company issued an aggregate of 8,255,438 shares of Common Stock upon the conversion of $100,000 of the principal of, and $12,274 of accrued interest on, the First 2020 Debenture. At the time of conversion, the VWAP during the previous 15 trading days was $0.0170. The First 2020 Debenture was converted at the conversion price of $0.0136, which was the lower of the 2020 Fixed Conversion Price and the 2020 Market Conversion Price. On January 12, 2021, the Company issued an aggregate of 10,887,819 shares of Common Stock upon the conversion of $200,000 of the principal of, and $1,425 of accrued interest on, the Third 2020 Debenture. At the time of conversion, the VWAP during the previous 15 trading days was $0.0231. The Third 2020 Debenture was converted at the conversion price of $0.0185, which was the lower of the 2020 Fixed Conversion Price and the 2020 Market Conversion Price. On January 25, 2021, the Company issued an aggregate of 7,094,732 shares of Common Stock upon the conversion of $150,000 of the principal of, and $1,118 of accrued interest on, the First 2020 Debenture. At the time of conversion, the VWAP during the previous 15 trading days was $0.0266. The First 2020 Debenture was converted at the conversion price of $0.0213, which was the lower of the 2020 Fixed Conversion Price and the 2020 Market Conversion Price. On January 25, 2021, the Company issued an aggregate of 5,183,613 shares of Common Stock upon the conversion of $100,000 of the principal of, and $10,411 of accrued interest on, the Second 2020 Debenture. At the time of conversion, the VWAP during the previous 15 trading days was $0.0266. The Second 2020 Debenture was converted at the conversion price of $0.0213, which was the lower of the 2020 Fixed Conversion Price and the 2020 Market Conversion Price. Pursuant to the Agreement and Plan of Merger with S and S Beverage, Inc., the Company issued 9,000,000 shares of its common stock to the legacy S and S Beverage, Inc. shareholders as follows: 6,300,000 shares to K & L Beverage; 1,980,000 shares to William J. Stineman; 360,000 shares to William F. Stineman; 270,000 shares to Gary Kramer; and 90,000 shares to Steven Sirus. The per-share fair market value of the common stock was $0.0301, based on the closing price of the Company’s common stock, as reported by OTC Markets Group Inc. on February 5, 2021, the date on which the Company filed its Current Report on Form 8-K disclosing the acquisition. On February 19, 2021, the Company issued an aggregate of 7,252,634 shares of Common Stock upon the conversion of $150,000 of the principal of, and $855 of accrued interest on, the Second 2020 Debenture. At the time of conversion, the VWAP during the previous 15 trading days was $0.0260. The Second 2020 Debenture was converted at the conversion price of $0.0208, which was the lower of the 2020 Fixed Conversion Price and the 2020 Market Conversion Price. For other equity issuances during the three month ended March 31, 2021 and the year ended December 31, 2020, please see Note 12, Employees Sponsorships.
S and S Beverage [Member]
EQUITY TRANSACTIONS	NOTE 6 – EQUITY TRANSACTIONS Common Stock The Company has authorized 10,000 shares of common stock with a par value of $30.50, of which 10,000 were issued and outstanding as of the one month ended January 31, 2021 and the year ended December 31, 2020, respectively. Transactions On January 21, 2021, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Kona Gold Beverage, Inc. (“Kona Gold”), pursuant to which it acquired all of the capital stock of the Company. The parties to the Merger Agreement are (i) Kona Gold, (ii) KGS Temporary Company, Inc., a wholly-owned subsidiary of Kona Gold (“Acquisition Subsidiary”), (iii) the Company, (iv) William J. Stineman and K&L Beverage, LLC (as the indemnifying parties on behalf of the Company’s shareholders), and (v) Mr. Stineman (as representative of the Company’s shareholders). As a result of the transactions contemplated by the Merger Agreement, the Company merged with and into the Acquisition Subsidiary. The Company was the surviving entity and became Kona Gold’s wholly-owned subsidiary. The Merger Agreement contains customary representations, warranties, covenants, and agreements of the parties, including certain indemnification rights in favor of Kona Gold that are customary for a transaction of that nature and magnitude. In consideration of the transactions contemplated by the Merger Agreement, Kona Gold issued to the Company’s shareholders an aggregate of nine million restricted shares of its common stock (the “Acquisition Stock”) on a pro rata basis. Kona Gold did not grant any registration rights in respect of the shares of Acquisition Stock. Kona Gold also agreed to pay an aggregate of $1,050,000 (the “Aggregate Acquisition Payments”), the majority of which is allocated to certain of the Company’s creditors (including one of the Company’s legacy shareholders) and approximately $89,000 of which (the “Remaining Acquisition Payments”) is allocated to the Company’s shareholders on a pro rata basis. $400,000 of the Aggregate Acquisition Payments were paid by February 11, 2021. The balance of the Aggregate Acquisition Payments, including the Remaining Acquisition Payments, are scheduled to be paid in monthly installments, in arrears on the tenth calendar day of each month, commencing on March 10, 2021, at a rate equivalent to $2.00 per case of Lemin Superior Lemonade, now named OOH LA Lemin, that Kona Gold and the Company sells until the Aggregate Acquisition Payments have been paid in full. In addition to the Aggregate Acquisition Payments, Kona Gold assumed and agreed to pay certain other liabilities of the Company as set forth in the Merger Agreement.

EMPLOYEES

EMPLOYEES	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
EMPLOYEES	NOTE 13 – EMPLOYEES On August 12, 2015, the Company entered into an Employment Agreement with Robert Clark (the “Clark Employment Agreement”). On December 1, 2016, the Company entered into an Amendment to Employment Agreement (the “Clark Amendment”; and, together with the Clark Employment Agreement, the “Amended Clark Employment Agreement”). Pursuant to the terms of the Amendment Clark Employment Agreement, the Company agreed to issue, among other securities, 200,000,000 shares of the Common Stock. Immediately, Mr. Clark decided to defer receipt of 80,000,000 of such shares; thus leaving 120,000,000 shares of the Common Stock to be issued to him. Those 120,000,000 shares of the Common Stock were issued to Mr. Clark, as follows: (i) on October 28, 2015, the Company issued 30,000,000 of such shares at the per-share fair market value of $0.015, based on the closing price of the Common Stock as reported by the OTCM on the date of issuance; (ii) on March 2, 2016, the Company issued 40,000,000 of such shares at the per-share fair market value of $0.0250 based on the closing price of the Common Stock as reported by the OTCM on the date of issuance; and (iii) on Mary 16, 2016, the Company issued 50,000,000 of such shares at the per-share fair market value of $0.0036 based on the closing price of the Common Stock as reported by the OTCM on the date of issuance. The Company accrued 80,000,000 shares of the Common Stock on December 31, 2016 that were not issued. At the date of accrual, the per-share fair market value of the shares was $0.0025 based on the closing price of the Common Stock as reported by the OTCM on the date of issuance. On April 19, 2018, 40,000,000 shares were cancelled and returned to the Company for accrual valued at $1,000,000 by Mr. Clark. On July 31, 2019, an additional 50,000,000 shares were cancelled and returned to the Company for accrual valued at $180,000. Accordingly, as of June 30, 2020, Mr. Clark was the record and beneficial owner of 17,100,000 of shares of the Common Stock and, subject to the July 2020 issuance to Mr. Clark of 140 shares of Series C Preferred, the Company accrued and owed to Mr. Clark an aggregate of 170,000,000 shares to be reissued to him upon his request pursuant to the terms of the oral agreement with him. The Company issued 5,000,000 shares of Common Stock on January 27, 2020 to Lori Radcliffe pursuant to that certain Employment Agreement dated October 7, 2019, by and between Ms. Radcliffe and the Company. At the date of issuance, the per-share fair market value of the shares was $0.0637 based on the closing price of the Common Stock as reported by the OTCM on the date of issuance, for a total value of $318,500. On April 3, 2020, the Company issued 5,000,000 shares of the Common Stock to Paul O’Renick pursuant to an Employment Agreement dated October 1, 2019 in exchange for compensation owed in the amount of $157,500 for services provided. At the date of issuance, the per-share fair market value was $0.0315 based on the closing price of the Common Stock as reported by the OTCM on the date of issuance.

SPONSORSHIPS

SPONSORSHIPS	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
SPONSORSHIPS	NOTE 14 – SPONSORSHIPS On May 1, 2019, the Company entered into a sponsorship agreement with Ryan Dodd, a professional waterski jumper (the “Dodd Agreement”), whereby the Company agreed to pay monthly sponsorship fees of $1,250 for one year. On May 23, 2019, the Company issued Mr. Dodd 262,500 shares of Common Stock. At the date of issuance, the shares of Common Stock had a fair market value of $0.131 per share based on the closing price of the Common Stock on the date of issuance as reported by the OTCM, representing $34,388 as payment for the Company’s sponsorship. The Dodd Agreement was extended in January 2020 for an additional one-year term. On April 3, 2020, the Company issued 85,000 shares of the Common Stock to Ryan Dodd pursuant to the Dodd Agreement. At the date of issuance, the per-share fair market value was $0.0315 based on the closing price of the Common Stock as reported by the OTCM on the date of issuance, representing a payment of $2,578 for sponsorship fees.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2021
COMMITMENTS AND CONTINGENCIES	NOTE 15 – COMMITMENTS AND CONTINGENCIES Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties, and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. The following represents the Company’s commitments and contingencies as of December 31, 2020: Operating Lease – The Company currently leases approximately 4,500 square feet of corporate office and warehouse space located at 746 North Drive, Suite A, Melbourne, Florida 32934. The lease is for a five-year term, and expires on May 31, 2023. The initial monthly base rent was approximately $3,994, plus state taxes. The monthly base rent increases annually by three percent, beginning on June 1, 2019 and each June 1st thereafter. During the lease year that commenced on June 1, 2020, the Company’s monthly base rent will be $4,114. For the three months ended March 31, 2021, the Company recognized operating lease expense of $13,180, which is included in in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss.
S and S Beverage [Member]
COMMITMENTS AND CONTINGENCIES	NOTE 7 – COMMITMENTS AND CONTIGENCIES Liabilities for loss contingencies arising from claims, assessments, litigation, fines, penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.

LEASE LIABILITIES

LEASE LIABILITIES	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
LEASE LIABILITIES	NOTE 16 – LEASE LIABILITIES The Company reported the following operating lease liabilities as of March 31, 2021: A. Right-of-Use Operating Lease – On May 22, 2019, Gold Leaf entered into a lease agreement for 30,000 square feet of office and warehouse space in Greer County, South Carolina. The agreement includes monthly payments of $13,429, and included a $6,500 deposit. For the three months ended March 31, 2021, the Company recognized right-of-use operating lease expense of $28,125, which is included in in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss. B. On March 17, 2020, Kona entered into a lease agreement for equipment. The agreement includes monthly payments of $676. For the three months ended March 31, 2021, the Company recognized right-of-use operating lease expense of $1,859, which is included in in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss. Amounts recognized as right-of-use assets, net related to operating leases are included in noncurrent assets in the accompanying Consolidated Balance Sheet, while related lease liabilities are included in current portion of long-term debt and long-term debt. At March 31, 2021 and December 31, 2020, the right-of-use asset and lease liability related to the operating leases were as follows: March 31, 2021 December 31, 2020 Right-of-use asset $ 1,072,094 $ 1,072,094 Amortization of right-of-use asset (196,124 ) (159,101 ) Right-of-use asset, net $ 875,970 $ 912,993 Operating lease liability Current portion of long-term lease $ 112,383 $ 149,407 Long-term lease 763,587 763,586 Total operating lease liability $ 875,970 $ 912,993 The future payments due under operating leases is as follows: Fiscal year ending: December 31, 2021 (9 months remaining) 112,383 December 31, 2022 154,416 December 31, 2023 160,631 December 31, 2024 167,587 December 31, 2025 167,537 2026 and thereafter 113,415 $ 875,970

REVENUE

REVENUE	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
REVENUE	NOTE 17 – REVENUE The Company determined that the majority of the Company’s revenue earned from its two reporting segments is recognized when it satisfies a single performance obligation by transferring control of its products to a customer. The Company does not have a significant financing component or payment terms, and the Company does not have any material unsatisfied performance obligations. The Company’s revenues are obtained in similar geographical locations within the United States. The Company’s operating segments are expected to have essentially the same future prospects, similar gross margins, sales trends, and the nature of our products and customers are essentially the same. Furthermore, the Company regularly reviews disaggregated revenue by source for evaluating the financial performance of its operations and making resource decisions. The Company’s revenue is broken down by the following: ● Distributors – revenue derived from direct sales to distributors for resale of its products: Kona Gold hemp-infused energy drinks, HighDrate CBD-infused energy waters, Storm CBD-infused water, and OOH LA Lemin lemonade beverages. ● Amazon Sales – revenue derived from customer purchases through Amazon.com of our Kona Gold hemp-infused energy drinks. ● Online Sales – revenue derived from customer purchases through the Company’s websites: KonaGoldHemp.com, HighDrateMe.com, and drinklemin.com of the following products: Kona Gold hemp-infused energy drinks and apparel, HighDrate CBD-infused energy waters, Storm CBD-infused water, and OOH LA Lemin lemonade beverages. ● Gold Leaf Distribution – revenue derived from Gold Leaf, which is the Company’s wholly-owned subsidiary, that focuses on the distribution of premium beverages and snacks in key markets. These markets include over 600 accounts in grocery stores, convenience stores, smoke shops, vape shops, and specialty stores located in Florida and South Carolina. Gold Leaf’s product line includes alkaline waters, beverages for kids, energy drinks, fruit flavored sodas, low-carb lemonade, healthy aloe juice drinks, and CBD-infused jellybeans, all of which complement the Company’s current product offerings. ● Shipping – revenue derived from shipping from direct sales of the Company’s product through KonaGoldHemp.com, HighDrateMe.com, and drinklemin.com. ● Sales Returns and Allowances – the amount reduced from all revenue sources to allow for product returns. The following tables presents our net revenues, by revenue source, and the period-over-period percentage change, for the period presented: Three Months Ended march 31, 2020 2021 Revenue Source Revenue Revenue % Change Distributors $ 107,292 $ 243,788 127 % Amazon 27,358 38,502 41 % Online Sales 11,189 18,204 63 % Gold Leaf Distribution 54,836 180,217 229 % Shipping 5,006 5,110 2 % Sales Returns and Allowances (3,624 ) (23,413 ) 546 % Net Revenues $ 202,057 $ 462,408 129 % The following tables presents our net revenues, by revenue source, as a percentage of total net revenues for the periods presented: Three Months Ended march 31, Revenues 2020 2021 Distributors and Resellers 53 % 53 % Amazon 14 % 8 % Online Sales 6 % 4 % Gold Leaf Distribution 27 % 39 % Shipping 2 % 1 % Sales Returns, and Allowances (2 )% (5 )%

SEGMENTS

SEGMENTS	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
SEGMENTS	NOTE 18 – SEGMENTS The Company has two reportable segments: ● Beverages. C F S ● Distribution. Amounts that do not relate to a reportable segment have been allocated to “Corporate and Eliminations.” The following tables present information about our reportable segments. March 31, 2021 December 31, 2020 CURRENT ASSETS: Beverages Segment $ 1,221,370 $ 824,835 Distribution Segment (190,620 ) (146,894 ) Corporate and eliminations 21,173 105,671 Total Current Assets $ 783,612 $ 783,612 NON-CURRENT ASSETS: Beverages Segment $ 2,319,444 $ 1,063,074 Distribution Segment 87,569 85,546 Corporate and eliminations 9,066 8,233 Total Non-Current Assets $ 2,416,079 $ 1,156,853 CURRENT LIABILITIES: Beverages Segment $ 2,616,617 $ 1,879,305 Distribution Segment 50,590 72,576 Corporate and eliminations 1,997,564 1,424,367 Total Current Liabilities $ 4,664,771 $ 3,376,248 NON-CURRENT LIABILITIES: Beverages Segment $ 2,715,776 $ 2,616,018 Distribution Segment 213,080 192,350 Corporate and eliminations — — Total Non-Current Liabilities $ 2,928,856 $ 2,808,368 Three Months Ended march 31, 2020 2021 REVENUES, NET OF SALES, RETURNS, AND ALLOWANCES: Beverages Segment $ 179,927 $ 310,093 Distribution Segment 54,836 180,351 Corporate and Eliminations (32,706 ) (28,036 ) Total Revenues, Net of Sales, Returns, and Allowances $ 202,057 $ 462,408 COST OF REVENUES: Beverages Segment 138,063 193,369 Distribution Segment 40,610 128,750 Corporate and Eliminations (32,706 ) (8,199 ) Total Cost of Revenues $ 145,967 $ 313,920 OPERATING EXPENSES: Beverages Segment $ 529,515 $ 410,914 Distribution Segment 38,148 90,888 Corporate and Eliminations 79,556 67,178 Total Operating Expenses $ 647,219 $ 568,980 OTHER INCOME / (EXPENSE): Beverages Segment $ (3,807 ) $ (16,213 ) Distribution Segment — (1,160 ) Corporate and Eliminations — (1,381,678 ) Total Other Income / (Expense) $ (3,807 ) $ (1,399,051 ) NET LOSS: Beverages Segment $ (571,014 ) $ (310,403 ) Distribution Segment (23,922 ) (40,447 ) Corporate and Eliminations — (1,468,693 ) Total Net Loss $ (594,936 ) $ (1,819,543 )

ACQUISITION OF S AND S BEVERAGE

ACQUISITION OF S AND S BEVERAGE, INC.	3 Months Ended
	Mar. 31, 2021
Asset Acquisition [Abstract]
ACQUISITION OF S AND S BEVERAGE, INC.	NOTE 19 – ACQUISITION OF S AND S BEVERAGE, INC. On January 21, 2021, the Company entered into an Agreement and Plan of Merger with S and S Beverage, Inc. and its shareholders and acquired all of the capital stock of S and S Beverage Inc. (“S and S”). To consummate the Acquisition, a Certificate of Merger with the Wisconsin Department of Financial Institutions (the “Merger Certificate”) on February 1, 2021. On January 22, 2021, (i) Kona Gold, (ii) KGS Temporary Company, Inc. (Kona Gold Beverage, Inc. “Acquisition Subsidiary”), (iii) S and S, (iv) William J. Stineman and K&L Beverage, LLC, a Wisconsin limited liability company (as the indemnifying S and S shareholders), and (v) Mr. Stineman (as representative of the S and S Shareholders) entered into the Agreement and Plan of Merger (the “Merger Agreement”). S and S merged with and into our Acquisition Subsidiary; S and S was the surviving entity and became our wholly-owned subsidiary of Kona Gold Beverage, Inc. Pursuant to the Merger Agreement, and subject to the terms and conditions contained therein, The following is a balance sheet comparison of S and S Beverage as of January 21, 2021: Balance Sheet Book Value Fair Value Accounts receivable, net of allowance of $24,280 $ 9,437 $ 33,717 Inventory 240,797 249,648 Property, plant and equipment, net (Website Development) 12,201 12,201 Total Assets $ 262,435 $ 295,566 Accounts payable and accrued liabilities $ 55,553 $ 956. Outstanding checks 23,058 — Interest payable 11,915 — Due to customers 19,667 — Current note payable - related party 811,761 1,050,000.00 Common Stock, $30.05 par value, 10,000 shares issued and outstanding, respectively 300,500 Additional paid-in-capital 437,701 Accumulated deficit (1,397,720 ) Total liabilities and stockholders’ deficit $ 262,435 The following is the accounts included in the Company’s accompanying balance sheet dated March 31, 2021 as a result of the acquisition: Balance Sheet Accounts receivable $ 33,717 Website Development (Ooh La Lemin) 12,201 Goodwill 1,275,938 Total Assets $ 1,321,856 Accounts payable and accrued liabilities $ 956 Loan on Acquisition 650,000 Due to merger payments 400,000 Common stock, $.00001 par value, 9,000,000 shares issued 90 Additional paid-in capital 270,810.00 Total liabilities and stockholders’ deficit $ 1,321,856

GOING CONCERN

GOING CONCERN	3 Months Ended
	Mar. 31, 2021
GOING CONCERN	NOTE 20 – GOING CONCERN The accompanying Consolidated Financial Statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying Consolidated Financial Statements, during the three months ending March 31, 2021, the Company incurred a net loss of $1,819,543, used cash in operations of $312,712 and had a stockholders’ deficit of $4,126,416 as of March 31, 2021. In the year ending December 31, 2020, the Company incurred a net loss of $3,125,595, used cash in operations of $1,370,123 and had a stockholders’ deficit of $4,244,153 as of December 31, 2020. The Company attributes this increase to losses incurred from corporate related expenses. During the first quarter of fiscal 2021, the Company signed a Securities Purchase Agreement, whereas, the Company incurred interest expense to warrants on a convertible note and a loss on the derivatives, which were integral to the growth of the Company. In addition, the Company attributes the increase to costs related to our Beverages Segment of selling, general and administrative expenses, specifically salaries, which are integral to the success of the Company. The Company continues to be impacted by the COVID-19 pandemic during the first quarter of the 2021 fiscal year as the Company makes an effort to sign more favorable agreements with larger, reputable tier 1 and mid-size distributors and grocery chains. These contracts saw unforeseen delays and were additionally impacted by the COVID-19 pandemic during the 2020 fiscal year. The COVID-19 delayed the Company’s launch of a variety of new products during most of the 2020 fiscal year – drinks and non-drink line broadening items. Despite the increase, the Company realized an increase in sales in the first quarter of fiscal 2021 over the previous first quarter of fiscal 2020. The Company attributes this to the acquisition of S and S Beverage, Inc. which has added to the Company’s portfolio. In addition, the Company has signed more favorable with larger, reputable tier 1 and mid-size distributors and grocery chain that saw unforeseen delays and were impacted by the COVID-19 pandemic. We expect that revenue will increase in the remaining three quarters of fiscal year 2021 as distribution related to our current distributors affected by COVID-19 that have resumed distribution will continue to see fewer impacts from the COVID-19 pandemic going forward. The Company will continue to sign favorable agreements with larger, tier 1 and mid-size distributors in our Beverages Segment during fiscal 2021. As a result, the Company’s continuation as a going concern is dependent on the ability to obtain additional financing until we can generate sufficient cash flow from operations to meet our obligations. We intend to continue to seek additional debt or equity financing to continue our operations. There is no assurance that we will ever be profitable or that debt or equity financing will be available to us in the amounts, on terms, and at times deemed acceptable to us, if at all. The issuance of additional equity securities by us would result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, would increase our liabilities and future cash commitments. If we are unable to obtain financing in the amounts and on terms deemed acceptable to us, we may be unable to continue our business, as planned, and as a result may be required to scale back or cease operations for our business, the result of which would be that our stockholders would lose some or all of their investment. The accompanying Consolidated Financial Statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.
S and S Beverage [Member]
GOING CONCERN	NOTE 8 – GOING CONCERN The accompanying Consolidated Financial Statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying Consolidated Financial Statements, during the one month ended January 31, 2021, the Company incurred a net loss of $3,467, used cash in operations of $26,696 and had a stockholders’ deficit of $659,519 as of January 31, 2021. As reflected in the accompanying Consolidated Financial Statements, during the year ended December 31, 2020, the Company incurred a net loss of $628,469, used cash in operations of $584,438 and had a stockholders’ deficit of $656,052 as of December 31, 2020. The Company attributes this loss to the Company being impacted by the COVID-19 pandemic during the fiscal year 2020 and during the first month of fiscal year 2021. The COVID-19 delayed the distribution of products during most of 2020 – drink line broadening items. In addition, the Company finalized its acquisition in January 2021, and sales were reduced during this time. See Note 9, Subsequent Events As a result, the Company’s continuation as a going concern is dependent on the ability to obtain additional financing until we can generate sufficient cash flow from operations to meet our obligations. Were we not acquired, we would have continued to seek additional debt or equity financing to continue our operations. There is no assurance that we will ever be profitable or that debt or equity financing would have been available to us in the amounts, on terms, and at times deemed acceptable to us, if at all. Obtaining commercial loans, assuming those loans would have been available, would have increased our liabilities and future cash commitments. If we were unable to obtain financing or be acquired in the amounts and on terms deemed acceptable to us, we would have been unable to continue our business, as planned, and as a result might have been required to scale back or cease operations for our business, the result of which would be that our stockholders would have lost some or all of their investment. The accompanying Financial Statements do not include any adjustments that might be necessary if the Company were unable to continue as a going concern.

CONCENTRATIONS

CONCENTRATIONS	3 Months Ended
	Mar. 31, 2021
CONCENTRATIONS	NOTE 21 – CONCENTRATIONS The Company had certain customers whose revenue individually represented 10% or more of the Company’s total revenue, less intercompany transactions. In addition, certain customers had outstanding accounts receivables that individually represented 10% or more of the Company’s total outstanding accounts receivables, less intercompany transactions, but before receivable allowances. These customers are as follows: In the accompanying Consolidated Balance Sheet as of March 31, 2021, the Company’s net accounts receivable were $111,676, representing total accounts receivable of approximately $153,213 less sales returns and allowance of approximately $37,570 and less doubtful accounts of approximately $3,967. In the accompanying Consolidated Balance Sheet as of December 31, 2020, the Company’s net accounts receivable were $(10,508), representing total accounts receivable of approximately $22,166 less sales returns and allowance of approximately $28,707 and less doubtful accounts of approximately $3,967. The breakdown of the Company’s accounts receivable is as follows: March 31, 2021 December 31, 2020 Total Accounts Receivable $ 153,213 $ 22,166 Less: Sales Returns and Allowances 37,570 28,707 Less: Doubtful Accounts 3,967 3,967 Accounts Receivable, net $ 111,676 $ (10,508 ) The Company determined that three customers accounted for approximately 51% (or approximately 21%, 19%, and 11%), or an aggregate of $78,224, of the outstanding total accounts receivable of $153,213 as of March 31, 2021. The Company determined that four customers accounted for approximately 76% (or approximately 26%, 22%, 14% and 14%), or an aggregate of $16,904, of the outstanding total accounts receivable of $22,166 as of December 31, 2020. In the accompanying Consolidated Statements of Loss for the three months ended March 31, 2021, one customer represented 12% of the Company’s total net revenue of $462,408 for the three months ended March 31, 2021. In the accompanying Consolidated Statements of Loss for the three months ended March 31, 2020, no one customer represented 10% or more of the Company’s total net revenue of $202,057 for the three months ended March 31, 2020. The raw materials used in the production of the Company’s products are obtained by the Company’s co-packers and consist primarily of materials such as the flavors, caffeine, sugars or sucralose, taurine, vitamins, CBD, and hemp seed protein contained in its beverages, the bottles in which its beverages are packaged, and the labeling on the outside of its beverages. These principal raw materials are subject to price and availability fluctuations. The Company currently relies on a few key co-packers, which in turn rely on a few key suppliers. The Company continually endeavors to have back-up co-packers, which co-packers would in turn depend on their third-party suppliers to supply certain of the flavors and concentrates that are used in the Company’s beverages. The Company is also dependent on these co-packers to negotiate arrangements with their existing suppliers that would enable the Company to obtain access to certain of such concentrates or flavor formulas under certain extraordinary circumstances. Additionally, in a limited number of cases, the Company’s co-packers may have contractual restrictions with their suppliers or the Company’s co-packers may need to obtain regulatory approvals and licenses that may limit the co-packers’ ability to enter into agreements with alternative suppliers. Contractual restrictions in the agreements the Company has with certain distributors may also limit the Company’s ability to enter into agreements with alternative distributors. The Company believes that a satisfactory supply of co-packers will continue to be available at competitive prices, although there can be no assurance in this regard. With respect to Gold Leaf’s operations, the Company continually endeavors to contract with additional beverage vendors to ensure the Company has adequate inventory. The Company believes that a satisfactory supply of vendors will continue to be available at competitive prices, although there can be no assurance in this regard. The Company had certain vendors that individually represented 10% or more of the Company’s inventory purchases. For the three months ended March 31, 2021, the Company purchased 73% of its inventory from five vendors for the three months ended March 31, 2021. Of these vendors, $21,988 is due to these vendors as of the balance sheet dated March 31, 2021. For the year ended December 31, 2020, the Company did not purchase in excess of 10% of its inventory from any single vendor.
S and S Beverage [Member]
CONCENTRATIONS	NOTE 9 – CONCENTRATIONS The Company has certain customers whose revenue individually represented 10% or more of the Company’s total revenue, or outstanding accounts receivable individually represented 10% or more of the Company’s total outstanding accounts receivable, as follows: For the one month ended January 31, 2021, no customers individually represented 10% or more of the Company’s total revenue, and four customers accounted for 100%, or $33,718, of the outstanding accounts receivable, and the Company has recorded an allowance for uncollectible accounts of $24,280. The net accounts receivable for the year ending December 31, 2020 is $9,438 in the accompanying balance sheet. For the year ended December 31, 2020, three customers individually represented 77%, or approximately $255,300 of the Company’s total revenue, and four customers accounted for 100%, or $33,718, of the outstanding accounts receivable, and the Company has recorded an allowance for uncollectible accounts of $24,280. The net accounts receivable for the year ending December 31, 2020 is $9,438 in the accompanying balance sheet. The Company had certain vendors that individually represented 10% or more of the Company’s inventory purchases, as follows: For the one month ended January 31, 2021 balance sheet, the Company did not purchase any inventory from any vendor.. For the year ended December 31, 2020 balance sheet, the Company purchased 100% of the Company’s inventory from three vendors, of which $4,365 amount was due to these vendors.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2021
SUBSEQUENT EVENTS	NOTE 22 – SUBSEQUENT EVENTS Management has evaluated subsequent events through May 17, 2021, the date that the March 31, 2021 Consolidated Financial Statements were issued, and has determined the following events have occurred that would warrant additional disclosure: (1) In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China. In January 2020, the WHO declared the COVID-19 outbreak a “Public Health Emergency of International Concern.” This worldwide outbreak has resulted in the implementation of significant governmental measures, including lockdowns, closures, quarantines, and travel bans intended to control the spread of the virus. Companies are also taking precautions, such as requiring employees to work remotely, imposing travel restrictions, and temporarily closing businesses and facilities. These restrictions, and future prevention and mitigation measures, have had an adverse impact on global economic conditions and are likely to have an adverse impact on consumer confidence and spending, which could materially adversely affect the supply of, as well as the demand for, the Company’s products. Uncertainties regarding the economic impact of COVID-19 are likely to result in sustained market turmoil, which could also negatively impact the Company’s business, financial condition, and cash flow. The extent of the effect of COVID-19 on the Company’s operational and financial performance will depend on future developments, including the duration, spread, and intensity of the outbreak, all of which are uncertain and difficult to predict considering the rapidly evolving landscape. As a result, it is not currently possible to ascertain the overall impact of COVID-19 on the Company’s business. However, as the pandemic continued for much of the 2020 fiscal year and if it continues for a prolonged period in the 2021 fiscal year, it could have a continuing material adverse effect on the Company’s business, results of operations, financial condition, and cash flow and adversely impact the quoted price of the Common Stock on the OTCM’s OTCQB ® The extent to which the COVID-19 pandemic will further impact the Company’s business will depend on future developments and, given the uncertainty around the extent and timing of the potential future spread or mitigation and around the imposition or relaxation of protective measures, the Company cannot reasonably estimate the impact to its business at this time. (2) On April 27, 2021, the Paycheck Protection Promissory Note, dated May 4, 2020, in the original principal amount of $95,161 (the “PPP Loan”) with Wells Fargo Bank, N.A was forgiven for the full amount. The PPP Loan was made under, and is subject to, the terms and conditions of the Paycheck Protection Program (the “PPP”), which was established as part of the Coronavirus Aid, Relief and Economic Security Act the (“CARES Act”) and is administered by the U.S. Small Business Administration. (3) On May 5, 2021, the Company and the ‘selling Stockholder entered into a Limited Amendment Agreement, dated as of May 5, 2021, pursuant to which the parties agreed to a partial Second Closing of the transactions contemplated by the 2021 SPA, whereby the Selling Stockholder purchased a portion of the intended Second Convertible Debenture (the “Partial Second Convertible Debenture”) in the face amount of $200,000 for a purchase price of $192,000. (4) On May 5, 2021, the Company issued an aggregate of 14,436,426 shares of Common Stock upon the conversion of $300,000 of the principal of, and $7,496 of accrued interest on, the Third 2020 Debenture. At the time of conversion, the VWAP during the previous 15 trading days was $0.0266. The Third 2020 Debenture was converted at the conversion price of $0.0213, which was the lower of the 2021 Fixed Conversion Price and the 2021 Market Conversion Price.
S and S Beverage [Member]
SUBSEQUENT EVENTS	NOTE 9 – SUBSEQUENT EVENTS Management has evaluated subsequent events through May 17, 2021, the date which the January 31, 2021 Financial Statements were issued, and has determined the following events have occurred that would warrant additional disclosure: (1) In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China. In January 2020, the WHO declared the COVID-19 outbreak a “Public Health Emergency of International Concern.” This worldwide outbreak has resulted in the implementation of significant governmental measures, including lockdowns, closures, quarantines, and travel bans intended to control the spread of the virus. Companies are also taking precautions, such as requiring employees to work remotely, imposing travel restrictions, and temporarily closing businesses and facilities. These restrictions, and future prevention and mitigation measures, have had an adverse impact on global economic conditions and are likely to have an adverse impact on consumer confidence and spending, which could materially adversely affect the supply of, as well as the demand for, the Company’s products. Uncertainties regarding the economic impact of COVID-19 are likely to result in sustained market turmoil, which could also negatively impact the Company’s business, financial condition, and cash flow. The extent of the effect of COVID-19 on the Company’s operational and financial performance will depend on future developments, including the duration, spread, and intensity of the outbreak, all of which are uncertain and difficult to predict considering the rapidly evolving landscape. As a result, it is not currently possible to ascertain the overall impact of COVID-19 on the Company’s business. However, if the pandemic continues for a prolonged period, it could have a material adverse effect on the Company’s business, results of operations, financial condition, and cash flow. The extent to which the COVID-19 pandemic will further impact the Company’s business will depend on future developments and, given the uncertainty around the extent and timing of the potential future spread or mitigation and around the imposition or relaxation of protective measures, the Company cannot reasonably estimate the impact to its business at this time. (2) On January 21, 2021, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Kona Gold Beverage, Inc. (“Kona Gold”), pursuant to which it acquired all of the capital stock of the Company. The parties to the Merger Agreement are (i) Kona Gold, (ii) KGS Temporary Company, Inc., a wholly-owned subsidiary of Kona Gold (“Acquisition Subsidiary”), (iii) the Company, (iv) William J. Stineman and K&L Beverage, LLC (as the indemnifying parties on behalf of the Company’s shareholders), and (v) Mr. Stineman (as representative of the Company’s shareholders). As a result of the transactions contemplated by the Merger Agreement, the Company merged with and into the Acquisition Subsidiary. The Company was the surviving entity and became Kona Gold’s wholly-owned subsidiary. The Merger Agreement contains customary representations, warranties, covenants, and agreements of the parties, including certain indemnification rights in favor of Kona Gold that are customary for a transaction of that nature and magnitude. In consideration of the transactions contemplated by the Merger Agreement, Kona Gold issued to the Company’s shareholders an aggregate of nine million restricted shares of its common stock (the “Acquisition Stock”) on a pro rata basis. Kona Gold did not grant any registration rights in respect of the shares of Acquisition Stock. Kona Gold also agreed to pay an aggregate of $1,050,000 (the “Aggregate Acquisition Payments”), the majority of which is allocated to certain of the Company’s creditors (including one of the Company’s legacy shareholders) and approximately $89,000 of which (the “Remaining Acquisition Payments”) is allocated to the Company’s shareholders on a pro rata basis. $400,000 of the Aggregate Acquisition Payments were paid by February 11, 2021. The balance of the Aggregate Acquisition Payments, including the Remaining Acquisition Payments, are scheduled to be paid in monthly installments, in arrears on the tenth calendar day of each month, commencing on March 10, 2021, at a rate equivalent to $2.00 per case of Lemin Superior Lemonade, now named OOH LA Lemin, that Kona Gold and the Company sells until the Aggregate Acquisition Payments have been paid in full. In addition to the Aggregate Acquisition Payments, Kona Gold assumed and agreed to pay certain other liabilities of the Company as set forth in the Merger Agreement.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2021
Basis of presentation	A. Basis of Presentation The accompanying consolidated financial statements are unaudited and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared on the accrual basis of accounting and in accordance with generally accepted accounting principles (“GAAP”) in the United States.
Use of estimates	B. Use of Estimates The preparation of the consolidated 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. Estimates also affect the reported amounts of revenue and expenses during the reporting period. Actual events and results could differ from those assumptions and estimates.
Cash and cash equivalents	C. Cash and Cash Equivalents For the purpose of reporting cash flows, the Company considers all unrestricted, highly liquid investments with an initial maturity of three months or less to be cash equivalents.
Fair value of financial instruments	D. Fair Value of Financial Instruments The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts payable, accrued liabilities, and notes payable approximate fair value given their short-term nature or effective interest rates. The accounting guidance establishes a three-tiered hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value. A fair value hierarchy has been established for valuation inputs that gives the highest priority to quoted price in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarch is as follows: Level 1 – quoted prices in active markets for identical assets or liabilities; Level 2 – inputs other than Level 1 that are observable, either directly or indirectly; such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets and liabilities in markets that are not active, or inputs that are observable or an be corroborated by observable market data for substantially the full term of the assets or liabilities; or Level 3 – unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The Company analyzes all financial instruments with features of both liabilities and equity under Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity, Derivatives and Hedging The Company uses Level 2 inputs for its valuation methodology for the embedded conversion option liabilities as their fair value were determined by using the Black-Scholes option-pricing model based on various assumptions. The Company’s derivative liabilities are adjusted to reflect fair value at each period end, with any increase or decrease in the fair value being recorded in results of operations as adjustments to fair value of derivatives.
Accounts receivable and allowance for doubtful accounts	E. Accounts Receivable and Allowance for Doubtful Accounts Accounts receivable are recorded at net realizable value. The Company determines provisions for uncollectible accounts, sales returns, and claims based upon factors including the credit risk and activity of specific customers, historical trends, and other information. If the Company becomes aware of a specific distributor’s or reseller’s inability to meet its financial obligations, bad debt charges are recorded based on an overall assessment of past due accounts receivable outstanding. There was no bad debt attributed to accounts receivable in the year ended March 31, 2021 and 2020, respectively. These amounts are included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss. Management will review annually to determine provisions and record an allowance as deemed necessary. In the opinion of management, a provision was deemed necessary for uncollectible accounts for Kona and no provision was deemed necessary for Gold Leaf. The balance of allowance for Uncollectible Accounts at March 31, 2021 and December 31, 2020 were $3,967, respectively, as reflected in the accompanying Consolidated Balance Sheets.
Inventories	F. Inventories The cost of inventory using the standard cost method, which approximates actual cost based on a first-in, first-out method. The Company’s inventories are valued at the lower cost or net realizable value. The Company’s inventory consists almost entirely of finished and unfinished goods, and freight, which include CBD energy waters, CBD waters, hemp energy drinks, cans for production, and merchandise and apparel. The Company periodically evaluates and adjusts inventories for obsolescence. In the opinion of management, no provision for obsolescence is deemed necessary. The shelf life of all beverage inventory is two years, and at December 31, 2020 and 2019, all inventory was current, as reflected in the accompanying Consolidated Balance Sheets.
Property, plant and equipment	G. Property, Plant and Equipment Property, plant and equipment are reported on the accompanying Consolidated Balance Sheet at cost less accumulated depreciation. Assets with a useful life greater than one year and cost greater than $100 are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the asset as follows: Estimated useful lives (in years) Furniture and fixtures 7 Machinery and equipment 7 Vehicles 5 Computer equipment 5 – 7
Goodwill and Intangible Assets	H. Goodwill and Intangible Assets Goodwill arises from business combinations and is generally determined as the excess of the fair value of the consideration transferred, plus the fair value of any noncontrolling interests in the acquiree, over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill acquired in a purchase business combination and determined to have an indefinite useful life are not amortized, but tested for impairment at least annually or more frequently if events and circumstances exist that indicate that a goodwill impairment test should be performed. The Company has selected December 31 as the date to perform the annual impairment test. Intangible assets represent both indefinite lived and definite lived assets. Trademarks are deemed to have definite useful lives of ten years, are amortized, and are tested annually for impairment. Intangible assets are reported on the balance sheet at cost less accumulated amortization. The Company has selected December 31 as the date to perform the annual impairment test. Management determined that, for the year ending December 31, 2020, there were no identifiable assets or liabilities; therefore, the implied fair value of goodwill is zero. On January 21, 2021, the Company entered into an Agreement and Plan of Merger with S and S Beverage, Inc. and its shareholders and acquired all of the capital stock of S and S Beverage Inc. (“S and S”). Because of this, goodwill was recorded in the amount of $1,275,938 see Note 4, Goodwill and Intangible Assets Goodwill and Intangible Assets
Leases	I. Leases On January 1, 2019, the Company adopted the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Update (“ASU”) 2016-02, Leases (Topic 842) The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred. The amortization period for the right-of-use asset is from the lease commencement date to the earlier of the end of the lease term or the end of the useful life of the asset. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the incremental borrowing rate or the risk-free rate with the election of the practical expedient. The Company has elected to use the risk-free rate.
Revenue and provision for sales, returns and allowances	J. Revenue and Provision for Sales, Returns, and Allowances The Company sells its products, which primarily includes its hemp energy drinks, CBD energy waters, CBD waters, and logo apparel, to online customers or through resellers and distributors. In evaluating the timing of the transfer of control of products to customers, the Company considers several indicators, including significant risks and rewards of products, the Company’s right to payment, and the legal title of the products. The Company recognizes revenue from product sales to customers, distributors, and resellers when products that do not require further services by the Company are shipped, when there are no uncertainties surrounding customer acceptance, and when collectability is reasonably assured. Sales are made to customers under terms allowing certain limited rights of return. Amounts billed to customers in sales transactions related to shipping and handling, represent revenues earned for the goods provided and are included in net sales. Costs of shipping and handling are included in cost of products sold. The Company also sells its products, and beverages purchased for resale from several other beverage manufacturers, to convenience stores, grocery stores, and smoke and gift shops. In evaluating the timing of the transfer of control of products to customers, the Company considers several indicators, including significant risks and rewards of products, the Company’s right to payment, and the legal title of the products. The Company recognizes revenue from product sales to resellers when products that do not require further services by the Company are shipped or delivered, when there are no uncertainties surrounding customer acceptance and when collectability is reasonably assured. Cash received by the Company prior to shipment is recorded as deferred revenue. Sales are made to customers under terms allowing certain limited rights of return. Amounts billed to customers in sales transactions related to shipping and handling, represent revenues earned for the goods provided and are included in net sales. Costs of shipping and handling are included in cost of products sold. On January 1, 2019, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) To apply these principles, ASC Topic 606 outlines a five-step model that requires entities to exercise judgment when considering the terms of contract(s), which includes: 1. Identifying the contract(s) or agreement(s) with a customer; 2. Identifying the separate performance obligations in the contract or agreement; 3. Determining the transaction price; 4. Allocating the transaction price to the separate performance obligations in the contract or agreement; and 5. Recognizing revenue as each performance obligation is satisfied. Pursuant to ASC Topic 606, the Company recognizes revenue when performance obligations under the terms of a contract are satisfied, which occurs typically upon the transfer of control, including the risks and rewards of ownership. With respect to the Company, performance is deemed to occur upon shipment or delivery of products to its customers based on the written contract terms, which is also when control is transferred. The Company evaluated the guidance in ASC 606-10-50-5 and the related implementation guidance to determine disaggregation of revenues that would be meaningful. The majority of the Company’s revenue earned from its Beverages Segment and its Distribution Segment is recognized when it satisfies a single performance obligation by transferring control of its products to a customer. The Company does not have significant financing component or payment terms, and it does not have any material unsatisfied performance obligations. The Company’s revenues are obtained in similar geographical locations within the United States. Furthermore, the Company’s operations in each of its reporting segments are expected to have essentially the same future prospects, similar gross margins, sales trends, and the nature of its products and customers are essentially the same. The sales from the Company’s beverage product types are organized as one reportable segment, which the Company refers to as the Beverages Segment, and the sales of the Company’s products and products that are purchased from resellers that are distributed by Gold Leaf is organized as its second reportable segment, which the Company refers to as the Distribution Segment. The Company has also determined that disaggregated revenue by net sales by revenue source would be meaningful and allow investors to understand its business activities, historical performance, or future prospects. Disaggregated sales by revenue source, which includes sales to distributors, online sales, sales through Amazon, and Gold Leaf distribution sales, is included in Note 16, Revenue Sales are made to customers under terms allowing certain limited rights of return. The Company records an allowance and return for each quarter for 3% of total sales. The Company recorded sales return, and allowance at the three months ending March 31, 2021 and 2020 of approximately $15,034 and $44,965, respectively, which is included in the revenues, net of sales returns and allowances in the accompanying Consolidated Statements of Loss.
Cost of revenue	K. Cost of Revenues Cost of revenues consist primarily of expenses associated with the delivery and distribution of products. These include expenses related to direct procurement costs and shipping and handling costs. The Company bills shipping and handling fees charged to customers as part of sales and the associated expense as part of cost of revenues. The costs are charged to cost of revenues in the same period that the associated revenue is earned.
Impairment of long-lived assets	L. Impairment of Long-Lived Assets The Company evaluates its long-lived assets for financial impairment as events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company evaluates the recoverability of long-lived assets used in operations by measuring the carrying amount of the assets against their estimated undiscounted future cash flows. If such evaluations indicated that the future undiscounted cash flows of certain long-lived assets are not sufficient to recover the carrying value of such assets, the assets are adjusted to fair values. Management completed an impairment review as of December 31, 2020 and determined long-lived assets were not impaired.
Income taxes	M. Income Taxes The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes, The Company has no recorded liabilities for uncertain tax positions as of the accompanying Consolidated Balance Sheets dated March 31, 2021 and December 31, 2020, respectively.
Stock based compensation	N. Stock-Based Compensation FASB’s ASC Topic 718, Stock Compensation The Company estimates the fair value of each restricted stock award as of the date of grant using the closing price as reported by the OTC Markets Group Inc. (the “OTCM”) on the date of grant. The fair value determined represents the cost for the award and is recognized over the vesting period during which an employee is required to provide service in exchange for the award. The Company accounts for forfeitures of restricted stock as they occur.
Advertising costs	O. Advertising Costs The Company expenses costs of advertising and promotions as incurred. The Company includes in advertising costs inventory given away as promotional merchandise or free samples to create sales. Advertising and promotion costs for the three months ended March 31, 2021 and 2020, were approximately $10,300 and $12,300, respectively, which amounts were included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss.
Concentration of Credit Risk	P. Concentration of Credit Risk The Company maintains cash balances at financial institutions. Accounts at each institution are insured by the Federal Deposit Insurance Corporation up to $250,000. The Company has not experienced any losses in such accounts and periodically evaluates the credit worthiness of the financial institutions and had determined the credit exposure to be negligible.
Basic and diluted earnings per share	Q. Basic and Diluted Earnings per Share In accordance with FASB’s ASC 260, Earnings per Share Diluted per-share loss is the same as basic per-share loss when there is a loss from continuing operations.
Segments	R. Segments ASC 280-10, Segment Reporting The Company then applied the management approach to the identification of its two reportable segments – the Beverages Segment, consisting of the operations of Kona, HighDrate, and S and S, and the Distribution Segment, consisting of the operations of Gold Leaf. Specifically, the Company has evaluated guidance in ASC 280-10 and determined that aggregation is consistent with the objectives of ASC 280-10 in that aggregation into two reportable segments allows users of our financial statements to view the Company’s business through the eyes of management based upon the way management reviews performance and makes decisions. Additional factors that were considered included: whether or not an operating segment has similar economic characteristics, the nature of the products/services under each operating segment, the nature of the production/go-to-market process, the type and geographic location of our customers, and the distribution of our products/services. The Company further determined that its logo merchandise and apparel, which revenue comprises approximately 1% of the Company’s gross annual sales, and solely exists for promotion purposes, could be aggregated with the operations in the Beverages Segment. A description of the Company’s products is contained in Note 1, Organization and Description of Business. Segments.
Registration Rights Agreement	S. Registration Rights Agreement In May 2020, the Company completed a private placement transaction (the “2020 Private Placement”) of three secured convertible debentures (the “2020 Debentures”), convertible for up to 105,947,397 shares (the “2020 Conversion Shares”) of Common Stock and a Warrant to purchase Common Stock (the “2020 Warrant”), exercisable for up to 20,000,000 shares of Common Stock (the “2020 Warrant Shares”), pursuant to that certain Securities Purchase Agreement between an otherwise unaffiliated third-party investor (the “Selling Stockholder”) and the Company, dated as of May 14, 2020 (the “2020 SPA”). The Company sold and issued the initial 2020 Debenture (the “First 2020 Debenture”) and granted the Warrant promptly after entering in the 2020 SPA. The Company sold and issued the second 2020 Debenture (the “Second 2020 Debenture”) promptly after filing the registration statement on Form S-1 (the “2020 Registration Statement”) with the Securities and Exchange Commission (the “SEC”). The Company sold and issued the third 2020 Debenture (the “Third 2020 Debenture”) promptly after the SEC declared the Registration Statement effective. The Company agreed to register the 2020 Conversion Shares and 2020 Warrant Shares pursuant to the terms of the Registration Rights Agreement between the Selling Stockholder and Company, dated as of May 14, 2020 (the “2020 Registration Rights Agreement”). Pursuant to the terms of the Registration Rights Agreement, the Company agreed to file the Registration Statement with the SEC registering for resale the Conversion Shares and the Warrant Shares within 45 calendar days following the closing of the Private Placement. Further, the Company agreed to use its best efforts to have the Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the effectiveness deadline, or by the 5 th th The Company accounts for registration rights agreements in accordance with ASC subtopic 825-20, Registration Payment Arrangements Loss Contingencies In February 2021, the Company completed an additional private placement transaction (the “2021 Private Placement”) of two secured convertible debentures (the “2021 Debentures”), convertible for up to 154,958,678 shares (the “2021 Conversion Shares”) of Common Stock and granted a Warrant to purchase Common Stock (the “2021 Warrant”), exercisable for up to 50,000,000 shares of Common Stock (the “2021 Warrant Shares”), pursuant to that certain Securities Purchase Agreement between the Selling stockholder and the Company, dated as of February 10, 2021 (the “2021 SPA”). The Company sold and issued the initial 2021 Debenture (the “First 2021 Debenture”) and granted the 2021 Warrant promptly after entering in the 2021 SPA. The Company will sell and issue the second 2021 Debenture (the “Second 2021 Debenture”) promptly after the SEC declares effective the 2021 Registration Statement (as defined below). The 2021 Debentures are due 12 months from their respective issuance dates and are secured by all of the Company’s assets and the assets of each of its subsidiaries pursuant to that certain Security Agreement by and among the Selling Stockholder, the Company’s subsidiaries, and the Company. Initially, the 2021 Debentures are convertible at the lower of (i) the fixed conversion price, which is $0.03 per share, subject to adjustment (the “2021 Fixed Conversion Price”), or (ii) 80% of the lowest daily volume weighted average price (“VWAP”) of our Common Stock during the 15 trading days immediately preceding the conversion date, subject to adjustment (the “2021 Market Conversion Price”). The 2021 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of its Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2021 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2021 Debentures. The 2021 Debentures are subject to a “conversion blocker” such that the Selling Stockholder cannot convert any portion of the 2021 Debentures that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such conversion (excluding, for purposes of such determination, shares of the Common Stock issuable upon conversion of the 2021 Debentures or exercise of the 2021 Warrant that had not then been converted or exercised, respectively). The Selling Stockholder can increase that 4.99% “conversion blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. The 2021 Debentures accrue interest at an annual rate equal to 8% and are due and payable on their respective maturity dates (or sooner if the Selling Stockholder converts the 2021 Debentures or otherwise accelerates the maturity date, as provided for in the 2021 Debentures). Interest is payable either in cash or, if certain Equity Conditions (as defined in the 2021 Debentures) are then satisfied, in shares of the Common Stock at the 2021 Market Conversion Price on the trading day immediately prior to the date paid. At the Company’s option, it has the right to redeem, in part or in whole, the outstanding principal and interest under the 2021 Debentures prior to their respective maturity dates; provided, that, as of the date of the holder’s receipt of the redemption notice, (i) the VWAP of the Common Stock is less than the 2021 Fixed Conversion Price, initially $0.03 per share, and (ii) there is no Equity Conditions failure. The Company must pay an amount equal to the principal amount being redeemed plus outstanding and accrued interest thereon, as well as a redemption premium equal to 15% of the outstanding principal amount being redeemed (the “Redemption Premium”). The Company must provide the holder 15 business days’ advance notice of its intent to make a redemption, setting forth the amount of principal and interest we desire then to redeem plus the applicable Redemption Premium. The 2021 Debentures contain an adjustment provision that, subject to certain exceptions, reduces the conversion price if the Company issues shares of Common Stock or common stock equivalents at a price lower than the then-current conversion price of the 2021 Debentures. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the conversion price of the 2021 Debentures. Pursuant to the 2021 SPA, the purchase price for the First 2021 Debenture was $900,000, less $41,000 for origination fees, which consisted of the “original issue discount” of $36,000 and $5,000 as a structuring fee. Pursuant to the 2021 SPA, the purchase price for the Second 2021 Debenture will be $600,000, less $24,000 as an “original issue discount.” In connection with the 2021 Private Placement, the Company also granted the 2021 Warrant to purchase up to an aggregate of 50 million shares of the Common Stock. The 2021 Warrant has a three-year term and is immediately exercisable at an exercise price of $0.03 per share, subject to adjustment. If the Company fails to maintain an effective registration statement with the SEC covering the resale of the 2021 Warrant Shares, or if an Event of Default (as defined below) has occurred and is continuing, then the holder may exercise the 2021 Warrant on a “cashless” basis. “Event of Default” means an event of default under the 2021 SPA or the 2021 Debentures. The 2021 Warrant contains an adjustment provision that, subject to certain exceptions, reduces the exercise price if the Company issues shares of our Common Stock or common stock equivalents at a price lower than the then-current exercise price of the 2021 Warrant. Any stock splits, reverse stock splits, recapitalizations, mergers, combinations and asset sales, stock dividends, and similar events will also result in an adjustment of the exercise price of the 2021 Warrant. The 2021 Warrant is subject to an “exercise blocker” such that the Selling Stockholder cannot exercise any portion of the 2021 Warrant that would result in the Selling Stockholder and its affiliates holding more than 4.99% of the then-issued and outstanding shares of the Common Stock following such exercise (excluding, for purposes of such determination, shares of the Common Stock issuable upon exercise of the 2021 Warrant or conversion of the 2021 Debentures that had not then been exercised or converted, respectively). The Selling Stockholder can increase that 4.99% “exercise blocker” to 9.99% upon at least 65 days’ prior written notice to the Company. Pursuant to the terms of the 2021 Registration Rights Agreement with the Selling Stockholder, the Company agreed to file a registration statement on Form S-1 (the “2021 Registration Statement”) with the SEC registering for resale the 2021 Conversion Shares and the 2021 Warrant Shares within 30 calendar days following the closing of the 2021 Private Placement. The Selling Stockholder has agreed to waive this 30-calendar-day provision for so long as the Company utilized its best efforts to file its Annual Report on Form 10-K for its fiscal year ended December 31, 2020, and promptly thereafter files the 2021 Registration Statement. Further, the Company agreed to use its best efforts to have the 2021 Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the effectiveness deadline, or by the 5th trading day following the date on which the Company is notified that the 2021 Registration Statement will not be reviewed or is no longer subject to further review and comments. Pursuant to the 2021 Registration Rights Agreement, the Company is subject to partial liquidated damages equal to 2.0% of the aggregate purchase price paid by the holder pursuant to the 2021 SPA for either of the 2021 Debentures then held by the holder for failure to file the 2021 Registration Statement timely, failure to file with the SEC a request for acceleration in accordance with Rule 461 promulgated under the Securities Act, within five trading days after the date the Company is notified that the 2021 Registration Statement will not be reviewed or is not subject to further review, the 2021 Registration Statement is not declared effective by the effectiveness deadline, if after effectiveness, the 2021 Registration Statement ceases for any reason to remain continuously effective as required or if the holders are not permitted to utilize the prospectus therein to resell for more than 30 consecutive calendar days or more than an aggregate of 40 calendar days during any 12-month period, or if after the six-month anniversary of the 2021 Registration Rights Agreement, the Company does not have available adequate current public information as set forth in Rule 144(c). The parties agreed that the maximum aggregate liquidated damages payable to a holder of the 2021 Debentures under the 2021 Registration Rights Agreement is 24% of the aggregate purchase price paid by such holder pursuant to the 2021 SPA. The Company also agreed, among other things, to indemnify the Selling Stockholder from certain liabilities and to pay all fees and expenses incurred by the Company in connection with the registration of the 2021 Conversion Shares and the 2021 Warrant Shares held by the Selling Stockholder.
Recently issued accounting pronouncements	T. Recently Issued Accounting Pronouncements The Company has evaluated all recently issued accounting pronouncements, issued or proposed, by the FASB or other standards-setting bodies as of the period ending March 31, 2021. The Company does not expect a material impact on the Company’s financial position, result of operations, or cash flows from these pronouncements.
S and S Beverage [Member]
Basis of presentation	A. Basic of presentation The accompanying consolidated financial statements are unaudited and include the accounts of the Company and its wholly-owned subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. These unaudited consolidated financial statements have been prepared on the accrual basis of accounting and in accordance with generally accepted accounting principles (“GAAP”) in the United States.
Use of estimates	B. Use of estimates The preparation of the consolidated 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. Estimates also affect the reported amounts of revenue and expenses during the reporting period. Actual events and results could differ from those assumptions and estimates.
Cash and cash equivalents	C. Cash and cash equivalents For the purpose of reporting cash flows, the Company considers all unrestricted, highly liquid investments with an initial maturity of three months or less to be cash equivalents.
Fair value of financial instruments	D. Fair value of financial instruments The estimated fair values for financial instruments are determined at discrete points in time based on relevant market information. These estimates involve uncertainties and cannot be determined with precision. The carrying amounts of accounts payable, accrued liabilities, and notes payable approximate fair value given their short-term nature or effective interest rates. The accounting guidance establishes a three-tiered hierarchy, which prioritizes the inputs used in the valuation methodologies in measuring fair value. A fair value hierarchy has been established for valuation inputs that gives the highest priority to quoted price in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarch is as follows: Leve 1 – quoted prices in active markets for identical assets or liabilities; Level 2 – inputs other than Level 1 that are observable, either directly or indirectly; such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets and liabilities in markets that are not active, or inputs that are observable or an be corroborated by observable market data for substantially the full term of the assets or liabilities; or Level 3 – unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
Accounts receivable and allowance for doubtful accounts	E. Accounts receivable Accounts receivable are recorded at net realizable value. The Company determines provisions for uncollectible accounts, sales returns, and claims based upon factors including the credit risk and activity of specific customers, historical trends, and other information. In the circumstance that the Company becomes aware of a specific customer’s inability to meet its financial obligations, bad debt charges are recorded based on an overall assessment of past due accounts receivable outstanding. No bad debt was recorded in the accompanying statement of income one month ending January 31, 2021 and 2020, respectively. Management will review annually to determine provisions and record an allowance as deemed necessary. In the opinion of management, no provision is deemed necessary for sales returns and all accounts were deemed collectible at December 31, 2020. The balance of allowance for Uncollectible Accounts as of January 31, 2021 and December 31, 2020 is $24,280, respectively.
Inventories	F. Inventories The Company’s inventories are valued at the lower cost or net realizable value. The Company’s inventories consist almost entirely of finished goods and freight. We periodically evaluate and adjust inventories for obsolescence. In the opinion of management, no provision for obsolescence is deemed necessary. The shelf life of all beverage inventory is two years, and as of the balance sheets dated January 31, 2021 and December 31, 2020, all inventory is current.
Property, plant and equipment	G. Property, plant and equipment Property, plant and equipment are reported on the balance sheet at cost less accumulated depreciation. Assets with a useful life greater than one year and cost greater than $100 are capitalized. Maintenance and repairs are charged to expense as incurred. Depreciation is provided using the straight-line method over the estimated useful lives of the asset as follows: Estimated useful lives (in years) Furniture and fixtures 7 Machinery and equipment 7 Vehicles 5 Computer equipment 5 – 7
Revenue and provision for sales, returns and allowances	H. Revenue recognition We sell our Lemin Superior Lemonade, now named OOH LA Lemin, through resellers and distributors. In evaluating the timing of the transfer of control of products to our distributors and resellers, we consider several indicators, including significant risks and rewards of products, our right to payment, and the legal title of the products. We recognize revenue from product sales to distributors and resellers when products that do not require further services by us are shipped, when there are no uncertainties surrounding product acceptance, and when collectability is reasonably assured. On January 1, 2019, the Company adopted ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) To apply these principles, Topic 606 outlines a five-step process: 1. Identify the contract with a customer. 2. Identify the separate performance obligations in the contract. 3. Determine the transaction price. 4. Allocate the transaction price to the separate performance obligations in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation Pursuant to ASC Topic 606, the Company recognizes revenue when performance obligations under the terms of a contract are satisfied, which occurs typically upon the transfer of control, including the risks and rewards of ownership. With respect to the Company, performance is deemed to occur upon shipment or delivery of products to its customers based on the written contract terms, which is also when control is transferred. The Company evaluated the guidance in ASC 606-10-50-5 and the related implementation guidance to determine if disaggregation of revenues that would be meaningful. The Company’s revenue is earned from its sale of Lemin Superior Lemonade, now named OOH LA Lemin, and is recognized when it satisfies a single performance obligation by transferring control of its products to a customer. The Company does not have significant financing component or payment terms, and it does not have any material unsatisfied performance obligations. The sales from the Company’s beverages are organized as one reportable segment.
Cost of revenue	I. Cost of revenue Cost of revenues consists primarily of expenses associated with the delivery and distribution of products. These include expenses related to direct procurement costs and shipping and handling costs. The Company bills shipping and handling fees charged to customers as part of sales and the associated expense as part of cost of revenues. The costs are charged to cost of revenues in the same period that the associated revenue is earned.
Impairment of long-lived assets	J. Impairment of long-lived assets The Company evaluates its long-lived assets for financial impairment as events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. The Company evaluates the recoverability of long-lived assets used in operations by measuring the carrying amount of the assets against their estimated undiscounted future cash flows. If such evaluations indicated that the future undiscounted cash flows of certain long-lived assets are not sufficient to recover the carrying value of such assets, the assets are adjusted to fair values. Management completed an impairment review as of December 31, 2020 and determined long-lived assets were not impaired.
Income taxes	K. Income taxes The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes, The Company has no recorded liabilities for uncertain tax positions as of the accompanying Consolidated Balance Sheets dated December 31, 2020 and December 31, 2019, respectively.
Advertising costs	L. Advertising costs The Company expenses costs of advertising and promotions as incurred. The Company includes in advertising costs inventory given away as promotional merchandise or free samples to create sales. Advertising and promotion costs for the one month ended January 31, 2021 and 2020, were approximately $286 and $2,195, respectively, which amounts were included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss.
Concentration of Credit Risk	M. Concentration of Credit Risk The Company maintain cash balances at financial institutions. Accounts at each institution are insured by the Federal Deposit Insurance Corporation up to $250,000. The Company has not experienced any losses in such accounts and periodically evaluates the credit worthiness of the financial institutions and had determined the credit exposure to be negligible.
Basic and diluted earnings per share	N. Basic and diluted earnings per share In accordance with accounting guidance now codifies as FASB ASC 260 (Earnings per Share) Diluted per share loss is the same as basic per share loss when there is a loss from continuing operations.
Segments	O. Segments ASC 280-10, Segment Reporting
Recently issued accounting pronouncements	P. Recently issued accounting pronouncements The Company has evaluated all recently issued accounting pronouncements, issued or proposed, by the FASB or other standards-setting bodies as of the period ending September 30, 2020. The Company does not expect a material impact on the Company’s financial position, result of operations, or cash flows from these pronouncements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2021
Schedule of estimated useful lives of asset	Depreciation is provided using the straight-line method over the estimated useful lives of the asset as follows: Estimated useful lives (in years) Furniture and fixtures 7 Machinery and equipment 7 Vehicles 5 Computer equipment 5 – 7
S and S Beverage [Member]
Schedule of estimated useful lives of asset	Depreciation is provided using the straight-line method over the estimated useful lives of the asset as follows: Estimated Furniture and fixtures 7 Machinery and equipment 7 Vehicles 5 Computer equipment 5 – 7

INVENTORY (Tables)

INVENTORY (Tables)	3 Months Ended
	Mar. 31, 2021
Schedule of Inventory	Inventory consisted of the following: March 31, 2021 December 31, 2020 CBD Energy Water $ 147,199 $ 159,813 Hemp Energy Drink 303,918 343,119 Storm CBD Water 29,938 28,692 Ooh La Lemin Drink 165,966 — Merchandise and Apparel 12,149 11,948 Unfilled Cans, Trays and Sleeves 108,788 38,705 Miscellaneous Beverages 32,177 33,225 Other Inventory 59,877 43,362 Point of Sale Inventory 1,640 1,640 Total Inventory $ 861,652 $ 660,504
S and S Beverage [Member]
Schedule of Inventory	Inventory consisted of the following: January 31, 2021 December 31, 2020 Lemin $ 234,885 $ 234,885 Trays, Cans and Sleeves 5,912 5,912 Raw Materials — — Total Inventory $ 240,797 $ 240,797

PROPERTY, PLANT AND EQUIPMENT (

PROPERTY, PLANT AND EQUIPMENT (Tables)	3 Months Ended
	Mar. 31, 2021
Property, Plant and Equipment	Property, plant and equipment consisted of the following: March 31, 2021 December 31, 2020 Furniture and Fixtures $ 66,154 $ 57,879 Computers and Software 18,855 16,638 Machinery & Equipment 88,456 79,951 Vehicles 68,135 68,135 Less: Accumulated Depreciation (64,638 ) (54,731 ) Property, plant and equipment, net $ 176,962 $ 167,872
S and S Beverage [Member]
Property, Plant and Equipment	Property, plant and equipment consisted of the following: January 31, 2021 December 31, 2020 Start-up Cost $ 11 $ 11 Website Costs 14,500 14,500 Less: Accumulated Depreciation (2,311 ) (2,311 ) Property, plant and equipment, net $ 12,200 $ 12,200

GOODWILL AND INTANGIBLE ASSET (

GOODWILL AND INTANGIBLE ASSET (Tables)	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Goodwill	Changes in goodwill are as follows: March 31, December 31, 2021 2020 Beginning of year $ — $ — Acquired goodwill 1,275,938 — Impairment — — Total goodwill $ 1,275,938 $ —
Intangible asset	Intangible asset consisted of the following: March 31, 2021 December 31, 2020 Trademark (HighDrate) $ 81,750 $ 81,750 Website Development (Ooh La Lemin) 12,201 — Less: Accumulated Amortization (14,510 ) (12,262 ) Total Intangible Asset $ 79,441 $ 69,488
Estimated future amortization expense	Estimated future amortization expense related to the intangible asset is as follows: Fiscal year ending: December 31, 2021 (remaining 9 months) 7,046 December 31, 2022 9,395 December 31, 2023 9,395 December 31, 2024 9,395 December 31, 2025 9,395 Thereafter 34,815 $ 79,441

NOTE RECEIVABLE (Tables)

NOTE RECEIVABLE (Tables)	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Schedule of note receivable	The Branded Legacy Note and the investment in Branded Legacy consisted of the following: March 31, 2021 December 31, 2020 Investment in Branded Legacy $ — $ — Note receivable 1,500,000 1,500,000 Less: Allowance for doubtful account (1,500,000 ) (1,500,000 ) Note receivable, net $ — $ —

STOCK BASED COMPENSATION (Table

STOCK BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2021
Compensation Related Costs [Abstract]
Stock-based compensation expense	The Company recognized stock-based compensation expense, which is included in selling, general and administrative expenses in the accompanying Consolidated Statements of Loss, as follows: Three Months Ended March 31, Three Months Ended March 31, 2021 2020 Employee stock awards $ — $ 318,500 Non-employee stock awards 270,900 — Total stock-based compensation expense $ 270,900 $ 318,500

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2021
Schedule of future maturities	The future maturities are as follows: December 31, 2021(remaining 9 months) $ 65,000 $ 65,000
S and S Beverage [Member]
Schedule of future maturities	The future maturities are as follows: December 31, 2021 – December 31, 2022 $ — November 1, 2023 798,261 $ 798,261

SECURITIES PURCHASE AGREEMENT_2

SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT (Tables)	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Schedule of derivative liabilities	The derivative liabilities were valued using Black-Scholes pricing model with the following average assumptions: March 31, 2021 Stock Price $ 0.0327 Exercise Price $ 0.0276 Expected Life 1 Volatility 99.5 % Dividend Yield 0 % Risk-Free Interest Rate .06 % Fair Value $ 627,018
Schedule of assets and liabilities measured at fair value	The following table summarizes the changes in the Company’s assets and liabilities measured at fair value as of March 31, 2021: March 31, 2021 Quoted prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Convertible promissory notes with embedded conversion option $ 627,018 $ 627,018 Total $ 627,018 $ 627,018
Summary of change in fair value of derivative liability	The following table sets forth a summary of change in fair value of the Company’s derivative liabilities for the year ended March 31, 2021: Fair value, January 1, 2020 $ — Change in fair value of embedded conversion features of debenture included in earnings — Embedded conversion option liability recorded in connection with the issuance of 2020 debenture 148,628 Fair value, June 30, 2020 $ 148,628 Change in fair value of embedded conversion features of debenture included in earnings (39,725 ) Embedded conversion option liability recorded in connection with the issuance of 2020 debentures 108,903 Fair value, September 30, 2020 $ 217,806 Change in fair value of embedded conversion features of debenture included in earnings (69,051 ) Embedded conversion option liability recorded in connection with the issuance of 2020 debentures 212,397 Fair value, December 31, 2020 $ 361,152 Change in fair value of embedded conversion features of debenture included in earnings (202,443 ) Embedded conversion option liability recorded in connection with the issuance of 2021 debentures 468,309 Fair value, March 31, 2021 $ 627,018

LEASE LIABILITIES (Tables)

LEASE LIABILITIES (Tables)	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Schedule of right-of-use asset and lease liability related to operating leases	At March 31, 2021 and December 31, 2020, the right-of-use asset and lease liability related to the operating leases were as follows: March 31, 2021 December 31, 2020 Right-of-use asset $ 1,072,094 $ 1,072,094 Amortization of right-of-use asset (196,124 ) (159,101 ) Right-of-use asset, net $ 875,970 $ 912,993 Operating lease liability Current portion of long-term lease $ 112,383 $ 149,407 Long-term lease 763,587 763,586 Total operating lease liability $ 875,970 $ 912,993
Schedule of future payments due under operating leases	The future payments due under operating leases is as follows: Fiscal year ending: December 31, 2021 (9 months remaining) 112,383 December 31, 2022 154,416 December 31, 2023 160,631 December 31, 2024 167,587 December 31, 2025 167,537 2026 and thereafter 113,415 $ 875,970

REVENUE (Tables)

REVENUE (Tables)	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Schedule of net revenues, by revenue source	The following tables presents our net revenues, by revenue source, and the period-over-period percentage change, for the period presented: Three Months Ended march 31, 2020 2021 Revenue Source Revenue Revenue % Change Distributors $ 107,292 $ 243,788 127 % Amazon 27,358 38,502 41 % Online Sales 11,189 18,204 63 % Gold Leaf Distribution 54,836 180,217 229 % Shipping 5,006 5,110 2 % Sales Returns and Allowances (3,624 ) (23,413 ) 546 % Net Revenues $ 202,057 $ 462,408 129 %
Schedule of net revenues, by revenue source, as a percentage	The following tables presents our net revenues, by revenue source, as a percentage of total net revenues for the periods presented: Three Months Ended march 31, Revenues 2020 2021 Distributors and Resellers 53 % 53 % Amazon 14 % 8 % Online Sales 6 % 4 % Gold Leaf Distribution 27 % 39 % Shipping 2 % 1 % Sales Returns, and Allowances (2 )% (5 )%

SEGMENTS (Tables)

SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	The following tables present information about our reportable segments. March 31, 2021 December 31, 2020 CURRENT ASSETS: Beverages Segment $ 1,221,370 $ 824,835 Distribution Segment (190,620 ) (146,894 ) Corporate and eliminations 21,173 105,671 Total Current Assets $ 783,612 $ 783,612 NON-CURRENT ASSETS: Beverages Segment $ 2,319,444 $ 1,063,074 Distribution Segment 87,569 85,546 Corporate and eliminations 9,066 8,233 Total Non-Current Assets $ 2,416,079 $ 1,156,853 CURRENT LIABILITIES: Beverages Segment $ 2,616,617 $ 1,879,305 Distribution Segment 50,590 72,576 Corporate and eliminations 1,997,564 1,424,367 Total Current Liabilities $ 4,664,771 $ 3,376,248 NON-CURRENT LIABILITIES: Beverages Segment $ 2,715,776 $ 2,616,018 Distribution Segment 213,080 192,350 Corporate and eliminations — — Total Non-Current Liabilities $ 2,928,856 $ 2,808,368 Three Months Ended march 31, 2020 2021 REVENUES, NET OF SALES, RETURNS, AND ALLOWANCES: Beverages Segment $ 179,927 $ 310,093 Distribution Segment 54,836 180,351 Corporate and Eliminations (32,706 ) (28,036 ) Total Revenues, Net of Sales, Returns, and Allowances $ 202,057 $ 462,408 COST OF REVENUES: Beverages Segment 138,063 193,369 Distribution Segment 40,610 128,750 Corporate and Eliminations (32,706 ) (8,199 ) Total Cost of Revenues $ 145,967 $ 313,920 OPERATING EXPENSES: Beverages Segment $ 529,515 $ 410,914 Distribution Segment 38,148 90,888 Corporate and Eliminations 79,556 67,178 Total Operating Expenses $ 647,219 $ 568,980 OTHER INCOME / (EXPENSE): Beverages Segment $ (3,807 ) $ (16,213 ) Distribution Segment — (1,160 ) Corporate and Eliminations — (1,381,678 ) Total Other Income / (Expense) $ (3,807 ) $ (1,399,051 ) NET LOSS: Beverages Segment $ (571,014 ) $ (310,403 ) Distribution Segment (23,922 ) (40,447 ) Corporate and Eliminations — (1,468,693 ) Total Net Loss $ (594,936 ) $ (1,819,543 )

ACQUISITION OF S AND S BEVERA_2

ACQUISITION OF S AND S BEVERAGE, INC. (Tables)	3 Months Ended
	Mar. 31, 2021
Asset Acquisition [Abstract]
Schedule of acquisition	The following is a balance sheet comparison of S and S Beverage as of January 21, 2021: Balance Sheet Book Value Fair Value Accounts receivable, net of allowance of $24,280 $ 9,437 $ 33,717 Inventory 240,797 249,648 Property, plant and equipment, net (Website Development) 12,201 12,201 Total Assets $ 262,435 $ 295,566 Accounts payable and accrued liabilities $ 55,553 $ 956. Outstanding checks 23,058 — Interest payable 11,915 — Due to customers 19,667 — Current note payable - related party 811,761 1,050,000.00 Common Stock, $30.05 par value, 10,000 shares issued and outstanding, respectively 300,500 Additional paid-in-capital 437,701 Accumulated deficit (1,397,720 ) Total liabilities and stockholders’ deficit $ 262,435 The following is the accounts included in the Company’s accompanying balance sheet dated March 31, 2021 as a result of the acquisition: Balance Sheet Accounts receivable $ 33,717 Website Development (Ooh La Lemin) 12,201 Goodwill 1,275,938 Total Assets $ 1,321,856 Accounts payable and accrued liabilities $ 956 Loan on Acquisition 650,000 Due to merger payments 400,000 Common stock, $.00001 par value, 9,000,000 shares issued 90 Additional paid-in capital 270,810.00 Total liabilities and stockholders’ deficit $ 1,321,856

CONCENTRATIONS (Tables)

CONCENTRATIONS (Tables)	3 Months Ended
	Mar. 31, 2021
Risks and Uncertainties [Abstract]
Schedule of accounts receivable	The breakdown of the Company’s accounts receivable is as follows: March 31, 2021 December 31, 2020 Total Accounts Receivable $ 153,213 $ 22,166 Less: Sales Returns and Allowances 37,570 28,707 Less: Doubtful Accounts 3,967 3,967 Accounts Receivable, net $ 111,676 $ (10,508 )

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Mar. 31, 2021
Furniture and Fixtures [Member]
Property, Plant and Equipment, Useful Life	7 years
Furniture and Fixtures [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Useful Life	7 years
Machinery and Equipment [Member]
Property, Plant and Equipment, Useful Life	7 years
Machinery and Equipment [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Useful Life	7 years
Vehicles [Member]
Property, Plant and Equipment, Useful Life	5 years
Vehicles [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Useful Life	5 years
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	5 years
Computer Equipment [Member] | Minimum [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Useful Life	5 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Computer Equipment [Member] | Maximum [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Useful Life	7 years

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Jan. 31, 2021	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Bad debt
Allowance for Uncollectible Accounts		3,967		$ 3,967
Impairment of goodwill		1,275,938
Sales, returns and allowance		15,034		44,965
Uncertain tax positions		0		0
Advertising costs		10,300	$ 12,300
FDIC limit		250,000
Impairment of long-lived assets		$ 0
S and S Beverage [Member]
Allowance for Uncollectible Accounts	$ 24,280			24,280
Uncertain tax positions	0			0
Advertising costs	286			$ 2,195
FDIC limit	$ 250,000

INVENTORY (Details)

INVENTORY (Details) - USD ($)	Mar. 31, 2021	Jan. 31, 2021	Dec. 31, 2020
CBD Energy Water	$ 147,199		$ 159,813
Hemp Energy Drink	303,918		343,119
Storm CBD Water	29,938		28,692
Ooh La Lemin Drink	165,966
Merchandise and Apparel	12,149		11,948
Unfilled Cans, Trays and Sleeves	108,788		38,705
Miscellaneous Beverages	32,177		33,225
Other Inventory	59,877		43,362
Point of Sale Inventory	1,640		1,640
Total Inventory	$ 861,652		660,504
S and S Beverage [Member]
Lemin		$ 234,885	234,885
Trays, Cans and Sleeves		5,912	5,912
Raw Materials
Total Inventory		$ 240,797	$ 240,797

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	Mar. 31, 2021	Jan. 31, 2021	Dec. 31, 2020
Less: Accumulated Depreciation	$ (64,638)		$ (54,731)
Property, Plant and Equipment, net	176,962		167,872
S and S Beverage [Member]
Less: Accumulated Depreciation		$ (2,311)	(2,311)
Property, Plant and Equipment, net		$ 12,200	12,200
Furniture and Fixtures [Member]
Property, Plant and Equipment, Gross	66,154		57,879
Computer Equipment [Member]
Property, Plant and Equipment, Gross	18,855		16,638
Machinery and Equipment [Member]
Property, Plant and Equipment, Gross	88,456		79,951
Vehicles [Member]
Property, Plant and Equipment, Gross	68,135		68,135
Star-up Cost [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Gross	11		11
Website Costs [Member] | S and S Beverage [Member]
Property, Plant and Equipment, Gross	$ 14,500		$ 14,500

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended		12 Months Ended
	Jan. 31, 2021	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Depreciation		$ 9,907	$ 7,673
S and S Beverage [Member]
Amortization expense	$ 0			$ 0

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSET (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning of year
Acquired goodwill	1,275,938
Impairment
End of year	$ 1,275,938

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSET (Details 1) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Trademark	$ 81,750	$ 81,750
Website Development	12,201
Less: Accumulated Amortization	(14,510)	(12,262)
Intangible assets	$ 79,441	$ 69,488

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSET (Details 2) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
2021 (remaining 9 months)	$ 7,046
2022	9,395
2023	9,395
2024	9,395
2025	9,395
Thereafter	34,815
Finite-Lived Intangible Assets, Net	$ 79,441	$ 69,488

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSET (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 1,275,938
Goodwill	$ 1,275,938
Aquisition description	Gold Leaf acquired 21,000,000 shares, representing all of the issued and outstanding shares of common stock, $0.01 par value per share, of BigSupersearch.com, Inc., a California corporation (“BigSupersearch”), and 14,000,000 shares of its Series A preferred stock, for $61,000, which amount included the purchase price, attorney fees, and transfer fees.

NOTE RECEIVABLE (Details)

NOTE RECEIVABLE (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Note receivable	$ 1,500,000	$ 1,500,000
Less: Allowance for doubtful account	(1,500,000)	(1,500,000)
Note receivable, net
Branded Legacy [Member]
Investment

NOTE RECEIVABLE (Details Narrat

NOTE RECEIVABLE (Details Narrative) - USD ($)	Mar. 06, 2018	Apr. 14, 2017	Oct. 10, 2016	Nov. 26, 2019	Jun. 30, 2016	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2018
Restricted shares issued for acquisition, amount						$ 270,900
Common stock par value						$ 0.00001	$ 0.00001
Common stock, shares outstanding		146,803,392				825,726,839	786,308,041
Investment
Allowance for doubtful account						$ 1,500,000	$ 1,500,000
Branded Legacy [Member]
Investment								$ 1,648
Stockholders [Member]
Common stock dividends, shares		53,196,608
First Exchange Agreement [Member] | Branded Legacy [Member]
Remaining investment, shares	146,803,392
Shares held by company	2,746,723
Preferred stock, shares converted	164,803,380
Second Exchange Agreement [Member] | Branded Legacy [Member]
Remaining investment, shares				2,746,723
Debt instrument, principal amount				$ 1,500,000
Elev8 Hemp [Member]
Ownership percentage					100.00%
Restricted shares issued for acquisition, shares					5,000,000
Restricted shares issued for acquisition, amount					$ 50,000
Purchase price					$ 50,000
Elev8 Hemp [Member] | Membership Interest Purchase Agreement [Member]
Ownership percentage			100.00%
Business acquisition, shares issued			200,000,000
Common stock par value			$ 0.00001

STOCK BASED COMPENSATION (Detai

STOCK BASED COMPENSATION (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Stock-based compensation expense	$ 270,900	$ 318,500
Employee Stock [Member]
Stock-based compensation expense		318,500
NonEmployee Stock [Member]
Stock-based compensation expense	$ 270,900

STOCK BASED COMPENSATION (Det_2

STOCK BASED COMPENSATION (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Compensation Related Costs [Abstract]
Accrued stock-based compensation	$ 1,386,497	$ 1,386,497
Stock-based compensation granted	$ 9,000,000	$ 10,085,140
Stock-based compensation cancelled or forfeited	0	0

LINE OF CREDIT (Details Narrati

LINE OF CREDIT (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	May 05, 2018
Notes to Financial Statements
Revolving line of credit			$ 400,000
Interest rate			3.75%
Line of credit expiration date	May 5, 2022
Line of credit	$ 398,470	$ 398,470
Accrued interest	$ 35,787	$ 32,102

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	Mar. 31, 2021	Jan. 31, 2021
December 31, 2021 (remaining 9 months)	$ 65,000
Long-term Debt	$ 65,000
S and S Beverage [Member]
December 31, 2021 (remaining 9 months)
November 1, 2023		798,261
Long-term Debt		$ 798,261

RELATED PARTY TRANSACTIONS (D_2

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Apr. 04, 2019	Jan. 31, 2021	Dec. 31, 2019	Aug. 29, 2019	Feb. 19, 2019	Oct. 31, 2018	Mar. 31, 2021	Dec. 31, 2020
Note payable related party							$ 9,000	$ 12,000
Proceeds from notes payable							117,487
Lline of credit							$ 398,470	398,470
Line of credit expiration date							May 5, 2022
Accrued interest							$ 35,787	32,102
S and S Beverage [Member]
Note payable related party		$ 811,761						801,761
S and S Beverage [Member] | Note Payable [Member]
Note payable related party		$ 200,000
Interest rate		8.00%
Periodic payment		$ 9,045
Proceeds from notes payable		$ 35,000
Maturity date		Nov. 1, 2023
Accrued interest		$ 11,776						11,776
Notes payable		123,761						113,761
S and S Beverage [Member] | Note Payable 1 [Member]
Note payable related party		$ 612,700
Interest rate		8.00%
Maturity date		Nov. 1, 2023
Notes payable		$ 200,000						200,000
Loan forgiveness related party			$ 412,700
S and S Beverage [Member] | Note Payable 2 [Member]
Note payable related party		$ 300,000
Interest rate		2.00%
Accrued interest		$ 9,953
Notes payable		300,000
S and S Beverage [Member] | Note Payable 3 [Member]
Note payable related party		$ 200,000
Interest rate		0.00%
Accrued interest		$ 0
Notes payable		198,000
S and S Beverage [Member] | Note Payable 4 [Member]
Note payable related party		$ 25,000
Interest rate		8.00%
Maturity date		Nov. 1, 2023
Kona Gold, LLC
Principal amount						$ 20,000
Note payable related party							7,000	8,500
Periodic payment						$ 500
Maturity date						Apr. 30, 2021
Line of credit from related party	$ 1,500,000
Lline of credit							1,372,651	1,369,651
Line of credit expiration date	Apr. 4, 2021
Accrued interest							48,757	36,397
Line of credit interest rate	3.75%
Gold Leaf, LLC
Principal amount					$ 70,000
Note payable related party							58,000	59,500
Periodic payment					$ 500
Maturity date					Mar. 31, 2021
Line of credit from related party				$ 200,000
Lline of credit							125,500	100,000
Line of credit expiration date				Aug. 29, 2021
Accrued interest							$ 4,706	$ 3,545
Line of credit interest rate				3.75%

SECURITIES PURCHASE AGREEMENT_3

SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT (Details)	3 Months Ended
	Mar. 31, 2021USD ($)$ / shares
Notes to Financial Statements
Stock Price	$ 0.0327
Exercise Price	$ 0.0276
Expected Life	1 year
Volatility	99.50%
Dividend Yield	0.00%
Risk-Free Interest Rate	0.06%
Fair Value | $	$ 627,018

SECURITIES PURCHASE AGREEMENT_4

SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT (Details 1) - USD ($)	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Derivative liability	$ 627,018	$ 361,152	$ 217,806	$ 148,628
Fair Value, Inputs, Level 1 [Member]
Derivative liability
Book Value [Member]
Derivative liability	627,018
Fair Value, Inputs, Level 3 [Member]
Derivative liability
Convertible Promissory Notes [Member]
Derivative liability	627,018
Convertible Promissory Notes [Member] | Fair Value, Inputs, Level 1 [Member]
Derivative liability
Convertible Promissory Notes [Member] | Book Value [Member]
Derivative liability	627,018
Convertible Promissory Notes [Member] | Fair Value, Inputs, Level 3 [Member]
Derivative liability

SECURITIES PURCHASE AGREEMENT_5

SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT (Details 2) - USD ($)	3 Months Ended			6 Months Ended
	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020
Notes to Financial Statements
Fair value at beginning	$ 361,152	$ 217,806	$ 148,628
Change in fair value of embedded conversion features of debenture included in earnings	(202,443)	(69,051)	(39,725)
Embedded conversion option liability recorded in connection with the issuance of debenture	468,309	212,397	108,903	148,628
Fair value at end	$ 627,018	$ 361,152	$ 217,806	$ 148,628

SECURITIES PURCHASE AGREEMENT_6

SECURITIES PURCHASE AGREEMENT, DERIVATIVE LIABILITIES, AND WARRANT (Details Narrative) - USD ($)	Jan. 12, 2021	Feb. 19, 2021	Jan. 25, 2021	Dec. 23, 2020	Jan. 25, 2020	Mar. 31, 2021	Dec. 31, 2020
Convertible debt						$ 1,200,000	$ 900,000
First 2020 Debenture [Member]
Conversion price			$ 0.0213
Number of shares issued			7,094,732
First 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted			$ 150,000
First 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted			$ 1,118
Second 2020 Debenture [Member]
Conversion price		$ 0.0208	$ 0.0213
Number of shares issued		7,252,634	5,183,613
Second 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted		$ 150,000	$ 100,000
Second 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted		$ 855	10,411
Third 2020 Debenture [Member]
Conversion price	$ 0.0185
Number of shares issued	10,887,819
Third 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted	$ 200,000
Third 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted	$ 1,425
Securities Purchase Agreement [Member] | First 2020 Debenture [Member]
Purchase Price						250,000
Origination fees						15,000
Original issue discount						10,000
Structuring fee						5,000
Convertible debt						0
Number of shares issued				8,255,438	7,094,732
Securities Purchase Agreement [Member] | First 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted			150,000	$ 100,000
Securities Purchase Agreement [Member] | First 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted			$ 1,118	$ 12,274
Securities Purchase Agreement 2 [Member] | Second 2020 Debenture [Member]
Purchase Price						250,000
Origination fees						10,000
Original issue discount						10,000
Convertible debt						0
Number of shares issued		7,252,634	5,183,613
Securities Purchase Agreement 2 [Member] | Second 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted		$ 150,000	$ 100,000
Securities Purchase Agreement 2 [Member] | Second 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted		$ 855	$ 10,410
Securities Purchase Agreement 2 [Member] | Third 2020 Debenture [Member]
Number of shares issued	10.887819
Securities Purchase Agreement 2 [Member] | Third 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted	$ 200,000
Securities Purchase Agreement 2 [Member] | Third 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted	$ 1,425
Securities Purchase Agreement 3 [Member] | Third 2020 Debenture [Member]
Purchase Price						500,000
Origination fees						10,000
Original issue discount						10,000
Convertible debt						$ 300,000

PAYCHECK PROTECTION PROGRAM L_2

PAYCHECK PROTECTION PROGRAM LOAN (Details Narrative) - USD ($)	May 04, 2020	Jan. 21, 2021	May 31, 2020
Paycheck Protection Promissory Note [Member]
Principal amount	$ 95,161	$ 117,487
Interest rate	1.00%	1.00%
Maturity date	May 6, 2022	Jan. 31, 2026
US Small Business Administration [Member]
Proceeds from loan			$ 7,000

EQUITY TRANSACTIONS (Details Na

EQUITY TRANSACTIONS (Details Narrative) - USD ($)	Feb. 11, 2021	Jan. 12, 2021	Jul. 10, 2020	Feb. 19, 2021	Jan. 25, 2021	Dec. 23, 2020	Jan. 25, 2020	Mar. 31, 2021	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2020	Jan. 31, 2021	Jul. 30, 2020	Jul. 08, 2020	Jul. 07, 2020	Apr. 14, 2017
Preferred stock, shares par value								$ 0.00001			$ 0.00001
Preferred stock, shares issued								988,140			988,140
Preferred stock, shares outstanding								988,140			988,140
Common stock, shares par value								$ 0.00001			$ 0.00001
Common stock, shares authorized								2,500,000,000			2,500,000,000
Common stock, shares issued								825,726,839			786,308,041
Common stock, shares outstanding								825,726,839			786,308,041					146,803,392
Number of restricted common stock issued, shares								0			0
Shares issued for subscription, value									$ 157,500	$ 318,500
Acquisition Payments	$ 1,050,000
First 2020 Debenture [Member]
Number of shares converted					7,094,732
Conversion price					$ 0.0213
First 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted					$ 150,000
First 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted					$ 1,118
Third 2020 Debenture [Member]
Number of shares converted		10,887,819
Conversion price		$ 0.0185
Third 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted		$ 200,000
Third 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted		$ 1,425
Second 2020 Debenture [Member]
Number of shares converted				7,252,634	5,183,613
Conversion price				$ 0.0208	$ 0.0213
Second 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted				$ 150,000	$ 100,000
Second 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted				$ 855	10,411
Securities Purchase Agreement [Member]
Fair market value of share						$ 0.0136
Securities Purchase Agreement [Member] | First 2020 Debenture [Member]
Number of shares converted						8,255,438	7,094,732
Securities Purchase Agreement [Member] | First 2020 Debenture [Member] | Principal [Member]
Debt conversion, converted instrument, amount						$ 100,000
Conversion of Stock, Amount Converted					150,000	100,000
Securities Purchase Agreement [Member] | First 2020 Debenture [Member] | Accrued Interest [Member]
Debt conversion, converted instrument, amount						12,274
Conversion of Stock, Amount Converted					$ 1,118	$ 12,274
William J. Stineman [Member]
Stock issued					1,980,000
William F. Stineman [Member]
Stock issued					360,000
Gary Kramer [Member]
Stock issued					270,000
Steven Sirus [Member]
Stock issued					90,000
Series A Preferred Stock [Member]
Preferred stock, shares par value								$ 0.00001			$ 0.00001
Preferred stock, shares authorized								0			0
Preferred stock, shares issued								0			0
Preferred stock, shares outstanding								0			0
Series A Preferred Stock [Member] | Robert Clark and Joseph Thornburg [Member]
Number of shares converted			4,000,000
Fair market value of share													$ 0.0346
Debt conversion, converted instrument, shares issued			4,000,000
Series B Preferred Stock [Member]
Preferred stock, shares par value								$ 0.00001			$ 0.00001
Preferred stock, shares authorized								1,200,000			1,200,000
Preferred stock, shares issued								488,000			488,000
Preferred stock, shares outstanding								488,000			488,000
Number of shares converted										1,000
Series C Preferred Stock [Member]
Preferred stock, shares par value								$ 0.00001			$ 0.00001			$ 0.00001	$ 0.00001
Preferred stock, shares authorized								250			250			250	3,300,000
Preferred stock, shares issued								140			140
Preferred stock, shares outstanding								140			140
Number of shares converted								1,000		1,000
Series D Preferred Stock [Member]
Preferred stock, shares par value								$ 0.00001			$ 0.00001
Preferred stock, shares authorized								500,000			500,000
Preferred stock, shares issued								500,000			500,000
Preferred stock, shares outstanding								500,000			500,000
Number of shares converted								1,000		1,000
S and S Beverage [Member]
Common stock, shares par value											$ 30.05	$ 30.05
Common stock, shares authorized											10,000	10,000
Common stock, shares issued											10,000	10,000
Common stock, shares outstanding											10,000	10,000

EMPLOYEES (Details Narrative)

EMPLOYEES (Details Narrative) - USD ($)	Apr. 03, 2020	Dec. 02, 2016	Mar. 02, 2016	Jan. 27, 2020	Jul. 31, 2019	Jul. 30, 2019	May 23, 2019	Apr. 30, 2019	Dec. 29, 2017	May 16, 2016	Apr. 19, 2016	Oct. 28, 2015	Mar. 31, 2021	Dec. 31, 2020	Jul. 08, 2020	Jul. 07, 2020	Jan. 16, 2019	Sep. 07, 2018	Jan. 24, 2018	Apr. 14, 2017	Dec. 31, 2016	Mar. 30, 2016	Mar. 03, 2016
Common stock, shares issued													825,726,839	786,308,041
Common stock value													$ 8,257	$ 7,863
Preferred stock, shares par value													$ 0.00001	$ 0.00001
Preferred stock, shares issued													988,140	988,140
Common stock shares outstanding													825,726,839	786,308,041						146,803,392
Accrued compensation													$ 318,958	$ 257,500
Employment Agreement [Member]
Stock issued												30,000,000
Fair market value of share												$ 0.015
Clark Employment Agreement [Member]
Stock issued			40,000,000							50,000,000
Fair market value of share			$ 0.0250							$ 0.0036											$ 0.0025
Number of common stock cancelled					50,000,000						40,000,000
Number of common stock cancelled, value					$ 180,000						$ 1,000,000
Accrued unissued shares																					80,000,000
Amended Clark Employment Agreement [Member]
Common stock value																							$ 1,000,000
Fair market value of share																							$ 0.0250
Accrued compensation																							$ 1,000,000
Series C Preferred Stock [Member]
Preferred stock, shares par value													$ 0.00001	$ 0.00001	$ 0.00001	$ 0.00001
Preferred stock, shares issued													140	140
Preferred stock value													$ 0	$ 0
Series D Preferred Stock [Member]
Preferred stock, shares par value													$ 0.00001	$ 0.00001
Preferred stock, shares issued													500,000	500,000
Preferred stock value													$ 5	$ 5
Series D Preferred Stock [Member] | Clark Employment Agreement [Member]
Preferred stock, shares par value																			$ 0.0158
Preferred stock, shares issued																			500,000
Preferred stock value																			$ 7,900
Series B Preferred Stock [Member]
Preferred stock, shares par value													$ 0.00001	$ 0.00001
Preferred stock, shares issued													488,000	488,000
Preferred stock value													$ 5	$ 5
Series B Preferred Stock [Member] | Clark Employment Agreement [Member]
Preferred stock, shares par value									$ 0.06
Preferred stock, shares issued									650,000
Number of common stock cancelled									6,500
Preferred stock value									$ 6,500
Clark [Member]
Stock issued								20,000,000
Fair market value of share								$ 0.014
Value of stock issued								$ 280,000
Number of common stock cancelled, value								$ 6,500
Paul O Renick [Member]
Stock issued	5,000,000
Fair market value of share	$ 0.0315
Value of stock issued	$ 157,500
Lori Radcliffe[Member]
Stock issued				5,000,000
Fair market value of share				$ 0.0637
Value of stock issued				$ 318,500
Robert Clark [Member]
Common stock, shares issued		200,000,000
Defer receipt, shares		80,000,000
Shares reserve for issuance		120,000,000												170,000,000
Common stock shares outstanding														17,100,000
Robert Clark [Member] | Series C Preferred Stock [Member]
Preferred stock, shares issued					140
Ryan Medico [Member] | Executive Employment Agreement [Member]
Common stock value																						$ 280,000
Shares reserve for issuance																						20,000,000
Fair market value of share																						$ 0.014
Number of common stock cancelled						14,860,346
Increase in additional paid-in capital						$ 149
Christopher Selinger [Member] | Selinger Employment Agreement [Member]
Common stock, shares issued																		10,000,000
Common stock value																		$ 136,000
Fair market value of share																		$ 0.0136
Matthew Crystal [Member]
Common stock, shares issued																		500,000
Common stock value																		$ 6,800
Fair market value of share																		$ 0.0136
Mr. Webb [Member]
Common stock, shares issued																	5,000,000
Common stock value																	$ 277,000
Fair market value of share																	$ 0.0554
Jazmin Gonzalez and Michelle Motta [Member]
Common stock, shares issued							100,000
Common stock value							$ 131,000
Fair market value of share							$ 0.131
Number of common stock cancelled							100,000
Reduction in compensation expense							$ 13,100

SPONSORSHIPS (Details Narrative

SPONSORSHIPS (Details Narrative) - USD ($)	Apr. 03, 2020	May 23, 2019	Mar. 31, 2021	Dec. 31, 2020
Number of restricted common stock issued			0	0
Ryan Dodd [Member]
Sponsorship fees		$ 1,250
Number of restricted common stock issued	85,000	262,500
Fair market value of share	$ 0.0315	$ 0.131
Payment for sponsorship	$ 2,578	$ 34,388

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Lease expiration term	5 years
Base rent	$ 4,114
Operating lease expense	$ 13,180
Florida
Lease commence date		Jun. 1, 2020
Lease Expiration Date		May 31, 2023
Base rent		$ 3,994

LEASE LIABILITIES (Details)

LEASE LIABILITIES (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Right-of-use asset	$ 1,072,094	$ 1,072,094
Amortization of right-of-use asset	(196,124)	(159,101)
Right-of-use asset, net	875,970	912,993
Operating lease liability
Current portion of long-term lease	112,383	149,407
Long-term lease	763,587	763,586
Total operating lease liability	$ 875,970	$ 912,993

LEASE LIABILITIES (Details 1)

LEASE LIABILITIES (Details 1)	Mar. 31, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
2021 (9 months remaining)	$ 112,383
2022	154,416
2023	160,631
2024	167,587
2025	167,537
2026 and thereafter	113,415
Operating Leases, Future Minimum Payments Due	$ 875,970

LEASE LIABILITIES (Details Narr

LEASE LIABILITIES (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended
	Mar. 17, 2020	May 22, 2019	Mar. 31, 2021
Operating lease expenses			$ 13,180
Gold Leaf, LLC
Operating lease expenses		$ 13,429	28,125
Deposits		$ 6,500
Kona [Member]
Operating lease expenses	$ 676		$ 1,859

REVENUE (Details)

REVENUE (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net Revenues	$ 462,408	$ 202,057
Change in revenue, percentage	129.00%
Distributors [Member]
Net Revenues	$ 243,788	107,292
Change in revenue, percentage	127.00%
Amazon [Member]
Net Revenues	$ 38,502	27,358
Change in revenue, percentage	41.00%
Online Sales [Member]
Net Revenues	$ 18,204	11,189
Change in revenue, percentage	63.00%
Gold Leaf Distribution [Member]
Net Revenues	$ 180,217	54,836
Change in revenue, percentage	229.00%
Shipping [Member]
Net Revenues	$ 5,110	5,006
Change in revenue, percentage	2.00%
Sales Returns and Allowances [Member]
Net Revenues	$ (23,413)	$ (3,624)
Change in revenue, percentage	546.00%

REVENUE (Details 1)

REVENUE (Details 1)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Distributors [Member]
Revenue, percentage	53.00%	53.00%
Amazon [Member]
Revenue, percentage	8.00%	14.00%
Online Sales [Member]
Revenue, percentage	4.00%	6.00%
Gold Leaf Distribution [Member]
Revenue, percentage	39.00%	27.00%
Shipping [Member]
Revenue, percentage	1.00%	2.00%
Sales Returns and Allowances [Member]
Revenue, percentage	(5.00%)	(2.00%)

SEGMENTS (Details)

SEGMENTS (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Current assets	$ 783,612		$ 783,612
Non-Current assets	2,416,079		1,156,853
Current liabilities	4,023,279		3,386,756
Non-Current liabilities	2,928,856		2,808,368
Revenues, net of sales, returns, and allowances:	462,408	$ 202,057
Cost of Revenues	313,920	145,967
Operating Expenses	3,588,608	568,980
Other Income / (Expense)	(1,483,366)	(1,399,051)
Net Income (Loss)	(1,819,543)	(594,936)	(3,125,595)
Beverages Segment [Member]
Current assets	1,221,370		824,835
Non-Current assets	2,319,444		1,063,074
Current liabilities	2,616,617		1,879,305
Non-Current liabilities	2,715,776		2,616,018
Revenues, net of sales, returns, and allowances:	1,635,669	310,093
Cost of Revenues	1,333,135	193,369
Operating Expenses	3,372,392	410,914
Other Income / (Expense)	1,483,366	(16,213)
Net Income (Loss)	(1,586,492)	(310,403)
Distribution Segment [Member]
Current assets	(190,620)		(146,894)
Non-Current assets	87,569		85,546
Current liabilities	50,590		72,576
Non-Current liabilities	213,080		192,350
Revenues, net of sales, returns, and allowances:	83,051	180,351
Cost of Revenues	68,012	128,750
Operating Expenses	150,401	90,888
Other Income / (Expense)		(1,160)
Net Income (Loss)	(135,362)	(40,447)
Corporate and Eliminations [Member]
Current assets	21,173		105,671
Non-Current assets	9,066		8,233
Current liabilities	1,997,564		1,424,367
Non-Current liabilities
Revenues, net of sales, returns, and allowances:	(87,067)	(28,036)
Cost of Revenues	(87,067)	(8,199)
Operating Expenses	65,815	67,178
Other Income / (Expense)		(1,381,678)
Net Income (Loss)	$ (65,815)	$ (1,468,693)

SEGMENTS (Details Narrative)

SEGMENTS (Details Narrative)	3 Months Ended
	Mar. 31, 2021Integer
Segment Reporting [Abstract]
Number of reportable segment	2

ACQUISITION OF S AND S BEVERA_3

ACQUISITION OF S AND S BEVERAGE, INC. (Details) - USD ($)	Mar. 31, 2021	Jan. 31, 2021	Dec. 31, 2020
Inventory	$ 861,652		$ 660,504
Property, plant and equipment, net (Website Development)	176,962		167,872
Total Assets	3,468,002		1,950,973
Interest payable	35,787		32,102
Current note payable - related party	9,000		12,000
Common Stock, $30.05 par value, 10,000 shares issued and outstanding, respectively	8,257		7,863
Additional paid-in-capital	5,630,762		4,746,447
Accumulated deficit	(11,099,579)		(9,280,036)
Total liabilities and stockholders’ deficit	$ 3,468,002		$ 1,950,973
Fair Value, Inputs, Level 1 [Member]
Accounts receivable, net of allowance of $24,280		$ 9,437
Inventory		240,797
Property, plant and equipment, net (Website Development)		12,201
Total Assets		262,435
Accounts payable and accrued liabilities		55,553
Outstanding checks		23,058
Interest payable		11,915
Due to customers		19,667
Current note payable - related party		811,761
Common Stock, $30.05 par value, 10,000 shares issued and outstanding, respectively		300,500
Additional paid-in-capital		437,701
Accumulated deficit		(1,397,720)
Total liabilities and stockholders’ deficit		262,435
Book Value [Member]
Accounts receivable, net of allowance of $24,280		33,717
Inventory		249,648
Property, plant and equipment, net (Website Development)		12,201
Total Assets		295,566
Accounts payable and accrued liabilities		956
Outstanding checks
Interest payable
Due to customers
Current note payable - related party		$ 1,050,000

ACQUISITION OF S AND S BEVERA_4

ACQUISITION OF S AND S BEVERAGE, INC. (Details 1)	Mar. 31, 2021USD ($)
Asset Acquisition [Abstract]
Accounts receivable	$ 33,717
Website Development (Ooh La Lemin)	12,201
Goodwill	1,275,938
Total Assets	1,321,856
Accounts payable and accrued liabilities	956
Loan on Acquisition	650,000
Due to merger payments	400,000
Common stock, $.00001 par value, 9,000,000 shares issued	90
Additional paid-in capital	270,810
Total liabilities and stockholders’ deficit	$ 1,321,856

GOING CONCERN (Details Narrativ

GOING CONCERN (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Net Income (Loss)			$ (1,819,543)	$ (594,936)	$ (3,125,595)
Net cash provided by (used in) operating activities			(424,389)		(1,370,123)
Stockholders' deficit			$ (4,126,415)	$ (2,267,412)	(4,244,151)	$ (3,402,128)	$ (2,892,689)	$ (1,990,976)
S and S Beverage [Member]
Net Income (Loss)	$ (3,467)	$ (82,401)			(628,469)
Net cash provided by (used in) operating activities	(26,696)	$ (97,190)			(584,438)
Stockholders' deficit	$ (659,519)				$ (656,052)

CONCENTRATIONS (Details)

CONCENTRATIONS (Details) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Risks and Uncertainties [Abstract]
Total Accounts Receivable	$ 153,213	$ 22,166
Less: Sales Returns and Allowances	37,570	28,707
Less: Doubtful Accounts	3,967	3,967
Accounts Receivable, net	$ 111,676	$ (10,508)

CONCENTRATIONS (Details Narrati

CONCENTRATIONS (Details Narrative) - USD ($)	1 Months Ended		3 Months Ended		12 Months Ended
	Jan. 31, 2021	Jan. 31, 2020	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Accounts receivable			$ 111,676		$ (10,508)
Net Revenues			462,408	$ 202,057
Total Accounts Receivable			153,213		22,166
Less: Sales Returns and Allowances			37,570		28,707
Less: Doubtful Accounts			3,967		5,019
Allowance for Uncollectible Accounts			$ 3,967		3,967
S and S Beverage [Member]
Net Revenues	$ 572	$ 11,520
Total Accounts Receivable					9,438
Less: Doubtful Accounts	24,280				0
Allowance for Uncollectible Accounts	$ 24,280				$ 24,280
Accounts Receivable [Member]
Concentration Risk, Percentage			51.00%		76.00%
Accounts receivable			$ 153,213		$ 22,166
Accounts Receivable [Member] | First Customers [Member]
Concentration Risk, Percentage			21.00%		26.00%
Accounts Receivable [Member] | SecondCustomers [Member]
Concentration Risk, Percentage			19.00%		22.00%
Accounts Receivable [Member] | ThirdCustomers [Member]
Concentration Risk, Percentage			11.00%		14.00%
Accounts Receivable [Member] | ThirdCustomers [Member] | S and S Beverage [Member]
Concentration Risk, Percentage					77.00%
Net Revenues					$ 255,300
Accounts Receivable [Member] | Fourth Customers [Member]
Concentration Risk, Percentage					14.00%
Accounts Receivable [Member] | Fourth Customers [Member] | S and S Beverage [Member]
Concentration Risk, Percentage	100.00%				100.00%
Accounts receivable	$ 33,718
Net Revenues					$ 33,718
Allowance for Uncollectible Accounts	$ 24,280
Purchase [Member] | Five Vendors [Member]
Concentration Risk, Percentage				73.00%
Net Revenues				$ 21,988
Purchase [Member] | Three Vendors [Member] | S and S Beverage [Member]
Concentration Risk, Percentage					100.00%
Inventory Purchased					$ 4,365

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	May 05, 2021	Feb. 11, 2021	Jan. 12, 2021	Apr. 27, 2021	Jan. 21, 2021	May 04, 2020
Acquisition Payments		$ 1,050,000
Third 2020 Debenture [Member]
Number of shares issued			10,887,819
Conversion price			$ 0.0185
Third 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted			$ 200,000
Third 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted			$ 1,425
Paycheck Protection Promissory Note [Member]
Principal amount					$ 117,487	$ 95,161
Subsequent Event [Member] | Third 2020 Debenture [Member]
Number of shares issued	14,436,426
Conversion price	$ 0.0213
Subsequent Event [Member] | Third 2020 Debenture [Member] | Principal [Member]
Conversion of Stock, Amount Converted	$ 300,000
Subsequent Event [Member] | Third 2020 Debenture [Member] | Accrued Interest [Member]
Conversion of Stock, Amount Converted	7,496
Subsequent Event [Member] | Partial Second Convertible Debenture [Member]
Principal amount	200,000
Subsequent Event [Member] | Partial Second Convertible Debenture [Member] | Principal [Member]
Purchase price	$ 192,000
Subsequent Event [Member] | Paycheck Protection Promissory Note [Member]
Principal amount				$ 95,161