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Concentrations
3 Months Ended
Mar. 31, 2023
Risks and Uncertainties [Abstract]  
Concentrations

Note 18 – Concentrations

 

Concentration of Credit Risk

 

Financial instruments, which potentially subject the Company to a concentration of credit risk for the years, consist principally of temporary cash investments. There have been no losses in these accounts through March 31, 2023 and the year ended on December 31, 2022.

 

Liquidity risk

 

The Company has an accumulated deficit of $304,887,630 and has a working capital deficit of $22,715,354 as of March 31, 2023, which raises substantial doubt about its ability to continue as a going concern as the Company does not have sufficient funds to discharge its current liabilities.

 

Customers

 

Sales for both the period ended March 31, 2023 and 2022 were $204,833 and $224,970. The Consulting income from related party for the period ended March 31, 2023 and 2022 was $0 and $45,000. Sales are derived from providing IT consulting services to a related party and sales from amazon and Ebay.