Pioneer Green Farms, Inc.

CIK:0001902700|SEC Filings

Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
Statements of Operations - USD ($)	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenues	$ 43	$ 0	$ 54,267	$ 9,295
Cost of sales	13	0	25,347	5,450
Gross profit	30	0	28,920	3,845
General and administrative expenses
General and administration	78,865	37,692	539,766	118,278
Professional fees	7,356	42,000	374,097	89,245
Research and development	0	0	21,819	0
Sales and marketing	97	0	15,697	0
Labor and management	12,902	22,300	12,902	109,314
Depreciation and amortization	2,449	2,465	7,222	7,263
	101,669	104,457	971,503	324,100
Operating loss	(101,639)	(104,457)	(942,583)	(320,255)

Interest expense	14,235	641	51,140	12,295
Other (income) expense	1,511,496	(11)	1,889,266	0
Loss before income taxes	(1,627,370)	(105,087)	(2,882,989)	(332,550)

Less Income tax expense	0	0	0	0
Net loss	$ (1,627,370)	$ (105,087)	$ (2,882,989)	$ (332,550)

Weighted average shares, basic (in Shares)	27,925,454	23,506,300	26,665,800	23,428,474
Weighted average shares, diluted (in Shares)	27,925,454	23,506,300	26,665,800	23,428,474
Earnings per share, basic (in Dollars per share)	$ (0.06)	$ (0.01)	$ (0.11)	$ (0.01)
Earnings per share, diluted (in Dollars per share)	$ (0.06)	$ (0.01)	$ (0.11)	$ (0.01)

Statements of Cash Flows - USD ($)	9 Months Ended
Statements of Cash Flows - USD ($)	Sep. 30, 2024	Sep. 30, 2023
Cash used in Operating activities
Net loss	$ (2,882,989)	$ (332,530)
Items not affecting cash:
Depreciation & amortization	7,222	7,263
Debt discount amortization	0	10,000
Imputed interest contribution	47,900	0
Derivative loss	825,796	0
Loss on settlement and disposal	1,063,470	0
Shares issued for services	788,389	0
Changes in non-cash working capital:
Inventory	(16,515)	5,908
Due from affiliates	1,010	0
Other current assets	(18,950)	22,493
Right of use asset	10,912	(20,897)
Accounts payable	(13,938)	15,220
Other current liabilities	0	(74,159)
Lease liability	(5,835)	6,541
Net cash flows from operating activities	(193,528)	(360,161)
Investing activities
Purchase of Assets	(5,041)	(3,650)
Net cash flows from investing activity	(5,041)	(3,650)
Financing activities
Repayments on long term debt	0	(1,000)
Advances from (repayments to) related parties, net	172,068	343,977
Subscriptions for stock to be issued	(64,050)	10,100
Proceeds from sale of stock	95,950	12,800
Net cash flows from financing activities	203,968	365,877
Increase (decrease) in cash during the year	5,399	2,066
Cash, beginning of the period	627	11,532
Cash, end of the period	6,026	13,598
Supplemental disclosures
Cash paid for income taxes	0	0
Cash paid for interest	0	0
Stock issued from subscriptions	100,000	0
Stock issued for debt	$ 240,000	$ 0

Balance Sheets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 6,026	$ 627
Inventory	31,515	15,000
Due from affiliate	4,390	5,400
Other current assets	23,450	4,500
	65,381	25,527

Property and equipment, net	378,474	380,655
Lease right of use, net	175,512	186,424
Total assets	619,367	592,606
Current liabilities
Accounts payable	30,887	78,825
Related party loans	566,360	600,292
Land purchase notes payable	310,500	310,500
Short-term portion of leases liability	1,363	6,143
	909,110	995,760
Lease liability	207,962	209,017
Total liabilities	1,117,072	1,204,777
Commitments and Contingencies (Note 7)
Shareholders' Deficit
Common stock, 100,000,000 shares authorized, $0.00001 par value, 28,779,300 and 23,506,300 issued and outstanding at September 30, 2024 and December 31, 2023, respectively	289	235
Additional paid in capital	3,998,485	901,984
Subscriptions for stock to be issued	10,000	109,100
Accumulated deficit	(4,506,479)	(1,623,490)
Total shareholders' deficit	(497,705)	(612,171)
Total liabilities and shareholders' deficit	$ 619,367	$ 592,606