$WDLF
SEW CAL LOGO INC
CIK:0001281984|SEC Filings
Condensed Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| Revenues | ||||
| Licensing and software revenue – related party | $ 173,187 | $ 511,638 | $ 489,150 | $ 651,638 |
| Total revenue | 173,187 | 511,638 | 489,150 | 651,638 |
| Cost of goods sold | 44,215 | |||
| Gross margin | 173,187 | 511,638 | 444,935 | 651,638 |
| Operating expenses | ||||
| Sales and marketing | 4,344 | 1,850 | 45,765 | 6,806 |
| General and administrative | 255,672 | 54,124 | 556,944 | 175,096 |
| Total operating expenses | 260,016 | 55,973 | 602,708 | 181,902 |
| Loss from operations | (86,829) | 455,664 | (157,774) | 469,735 |
| Oher income (expense) | ||||
| PPP Loan Forgiveness | 41,411 | 41,411 | ||
| Other income (expense) | 1 | (9,294) | 17 | (14,420) |
| Total other income (expense) | 1 | 32,117 | 17 | 26,991 |
| Net income (loss) | $ (86,828) | $ 487,781 | $ (157,757) | $ 496,727 |
| Net income (loss) per share | ||||
| Basic | $ 0.00 | $ 0.00 | $ (0.00) | $ 0.00 |
| Diluted | $ 0.00 | $ 0.00 | $ (0.00) | $ 0.00 |
| Weighted average number of shares outstanding | ||||
| Basic | 7,394,792,892 | 7,583,875,825 | 7,394,792,892 | 7,644,535,185 |
| Diluted | 7,394,792,892 | 7,583,875,825 | 7,394,792,892 | 7,644,535,185 |
Condensed Balance Sheets - USD ($) |
Sep. 30, 2023 |
Dec. 31, 2022 |
|---|---|---|
| Current Assets: | ||
| Cash | $ 77,910 | $ 199,310 |
| Security deposits | 18,118 | 18,118 |
| Total current assets | 643,316 | 845,666 |
| Total Assets | 643,316 | 845,666 |
| Current Liabilities: | ||
| Accounts payable and accrued liabilities | 90,000 | 720 |
| Total current liabilities | 90,000 | 130,393 |
| EIDL loan | 117,500 | 121,700 |
| Total Liabilities | 207,500 | 252,093 |
| Stockholders’ Equity : | ||
| Common Stock par value $0.001 10,000,000,000 shares authorized, 7,394,792,892 and 7,394,792,892 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively | 7,394,793 | 7,394,793 |
| Additional paid in capital | 25,992,306 | 25,992,306 |
| Accumulated deficit | (32,951,283) | (32,793,526) |
| Total Stockholders’ Equity : | 435,816 | 593,573 |
| Total Liabilities and Stockholders’ Equity | 643,316 | 845,666 |
| Related Party [Member] | ||
| Current Assets: | ||
| Accounts receivable – related party | 547,288 | 628,238 |
| Current Liabilities: | ||
| Loans payable – related party | $ 129,673 |