SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS (Tables)

3 Months Ended

Mar. 31, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED MATTERS

Schedule of fair value measurement of assets and liabilities

	Total fair value at March 31, 2021		Quoted prices in active markets for identical assets (Level1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Investment in equity securities	$	6,199,000	$	6,199,000	$	-	$	-
	Total fair value at December 31, 2020		Quoted prices in active markets for identical assets (Level1)		Significant other observable inputs  (Level 2)		Significant unobservable inputs (Level 3)
Investment in equity securities	$	5,875,000	$	5,875,000	$	-	$	-

Schedule of basic and diluted earnings (loss) per share

	Three Months Ended
	March 31, 2021		March 31, 2020
Numerator:
Net income (loss)	$	134,000	$	(732,000	)
Denominator:
Weighted-average basic shares outstanding		559,281,064		557,781,064
Effect of dilutive securities		11,456,917		-
Weighted-average diluted shares		570,737,981		549,364,626
Basic earnings (loss) per share	$	0.00	$	(0.00	)
Diluted earnings (loss) per share	$	0.00	$	(0.00	)