$GAMG

KENILWORTH SYSTEMS CORP

CIK:0000055234|SEC Filings

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Operating revenue:
Revenue	$ 236,261	$ 0	$ 359,514	$ 0
Cost of sales	0	0	0	0
Gross Profit	236,261	0	359,514	0
Operating expenses:
Bank Charges & Fees	2,531	0	3,404	834
Legal & Professional Services	66,679	9,300	128,158	9,300
General and administrative Expenses	354,947	0	812,968	0
Amortization and other Expenses	141,706	0	221,987	0
Property Management	63,356	0	82,208	0
Insurance Expense	40,506	0	41,397	0
Transfer Agent	16,761	0	16,761	0
Interest expense	285,773	0	345,471	0
Total operating expenses	(972,259)	(9,300)	(1,652,354)	(10,134)
Loss from operations	(735,998)	(9,300)	(1,292,840)	(10,134)
Other Income (expenses)
Misc. receivables written off	0	0	0	(45,000)
Total other income/(expense)	0	0	0	(45,000)
Net Income (loss)	$ (735,998)	$ (9,300)	$ (1,292,840)	$ (55,134)
Earnings per share
Basic	$ (0.00170)	$ (0.00011)	$ (0.00334)	$ (0.00066)
Diluted	$ (0.00170)	$ (0.00011)	$ (0.00334)	$ (0.00066)
Weighted average number of common shares outstanding - basic	433,559,451	83,654,525	386,898,051	83,654,525
Weighted average number of common shares outstanding - diluted	433,559,451	83,654,525	386,898,051	83,654,525

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net loss from continuing operations attributable to common stockholders	$ (1,292,840)	$ (55,134)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization and Non-cash expenses	221,987	0
Sustainable Properties results before the acquisition date - non-cash	0	0
Due from Related Party /Subscription receivables	(312,421)	0
Receivable written-off	0	45,000
Notes and Payables	374,257	9,300
Prepaid expenses and receivables	(66,249)	0
Net cash used in operating activities	(1,075,266)	(834)
Cash flows from investing activities
Property and equipment, net	(574,154)	0
Construction in progress	(428,510)	0
Deferred financing costs	(274,215)	0
Escrow holdbacks	(455,942)	0
Net cash used in investing activities	(1,732,820)	0
Cash flows from financing activities
Common stock issued as acquisition consideration - non-cash	0	0
Other long-term debt and mortgage debt	2,853,843	0
Members' equity of consolidated subsidiaries	64,162	0
Net cash provided by financing activities	2,918,006	0
Net increase in cash	109,920	(834)
Cash acquired on consolidation at the acquisition dates	28,936	0
Cash, beginning of period	49,077	834
Cash, end of period	$ 187,933	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current Assets
Cash	$ 187,933	$ 49,077
Prepaid Insurance	49,234	45,658
Due from Related Parties	844,606	0
Accounts receivable	210,190	0
Note receivable from officer, including accrued interest	251,155	14,463
Total current assets	1,543,118	109,198
Escrow Holdback	1,842,939	1,606,494
Property and equipment, net	20,837,290	7,896,994
Construction in Progress	1,260,177	577,510
Deferred Financing Costs	474,395	266,539
TOTAL ASSETS	25,957,919	10,456,735
Current Liabilities
Accounts payable and accrued expenses	1,191,949	8,930
Due to related parties	81,161	28,925
Loans payable to Officers	98,302	98,302
Notes Payable - Daniel W. Snyder	21,830	21,830
Accrued Interest Payable	239,989	34,953
Security Deposit Held	8,022	8,022
Note payable	12,355,184	0
Total current liabilities	13,996,437	200,962
Mortgage Debt	11,447,504	10,239,625
Other long-term liabilities	2,069,387	0
Total other liabilities	13,516,891	10,239,625
TOTAL LIABILITIES	27,513,328	10,440,587
Stockholders' Equity
Common stock, par value $.01 per share; 1,000,000,000 shares authorized; 440,152,858 and 339,072,858 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively.	4,401,529	3,390,729
Additional paid-in-capital	35,552,353	36,563,153
Accumulated deficit	(41,509,291)	(39,937,734)
TOTAL STOCKHOLDERS' EQUITY	(1,555,409)	16,148
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 25,957,919	$ 10,456,735