Global Warming Solutions (GWSO) 10-K24 Jun 242023 FY Annual reportFinancial data

Company Profile

Cover

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Dec. 31, 2023	Mar. 31, 2024
Cover [Abstract]
Entity Registrant Name	GLOBAL WARMING SOLUTIONS, INC.
Entity Central Index Key	0001430300
Document Type	10-K
Amendment Flag	false
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Well Known Seasoned Issuer	No
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Current Reporting Status	Yes
Document Period End Date	Dec. 31, 2023
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Entity Ex Transition Period	false
Entity Common Stock Shares Outstanding		16,325,336
Entity Public Float		$ 49,000,000
Document Annual Report	true
Document Transition Report	false
Document Fin Stmt Error Correction Flag	false
Entity File Number	000-53170
Entity Incorporation State Country Code	OK
Entity Tax Identification Number	73-1561189
Entity Address Address Line 1	28751 Rancho CA RD
Entity Address Address Line 2	Suite 100
Entity Address City Or Town	Temecula
Entity Address State Or Province	CA
Entity Address Postal Zip Code	92590
City Area Code	951
Icfr Auditor Attestation Flag	false
Auditor Name	Weinstein International CPA
Auditor Location	Tel Aviv, Israel
Auditor Firm Id	6629
Local Phone Number	528-2102
Security 12g Title	Common
Entity Interactive Data Current	Yes

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 28,610	$ 79
Marketable securities	2,990	64,589
Other receivable	125,672	0
Deposits	6,250	6,250
Other current assets	46,001	109,670
Total current assets	209,523	174,338
Furniture and equipment, net	13,637	21,551
Leasehold improvements, net	5,414	12,626
Intangible assets, net	8,989	9,714
Investment in Green Holistic	0	71,804
Total assets	237,563	296,282
Current liabilities
Accounts payable and accrued expenses	1,595	19,126
Loan payable	305,305	300,000
Other current liabilities	46,001	113,729
Total current liabilities	352,901	432,855
Total liabilities	352,901	432,855
Stockholders' equity
Common stock, $0.001 par value, voting; 1,500,000,000 shares authorized;16,325,336 and 16,025,050 shares issued, and outstanding, as of December 31, 2023 and December 31, 2022, respectively.	16,325	16,025
Additional paid in capital	5,492,522	4,955,322
Accumulated deficit	(5,624,186)	(5,107,920)
Total stockholders' equity	(115,339)	(136,573)
Total liabilities and stockholders' equity	$ 237,562	$ 296,282

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2023	Dec. 31, 2022
Balance Sheets
Common stock, shares par value	$ 0.001	$ 0.001
Common stock, shares authorized	1,500,000,000	1,500,000,000
Common stock, shares issued	16,325,336	16,025,050
Common stock, shares outstanding	16,325,336	16,025,050

Statement of Operations

Statement of Operations - USD ($)	12 Months Ended
Statement of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Revenue
Sales	$ 0	$ 0
Cost of sales	0	0
Gross profit	0	0
Operating expenses
Selling, general, and administrative	109,930	414,008
Professional fees	151,104	232,399
Research and development	151,000	574,047
Amortization and depreciation	15,850	15,850
Total operating expenses	427,884	1,236,303
Income (loss) from operations	(427,884)	(1,236,303)
Other income (expense)
Interest expense	(31,461)	(6,082)
Derivative expense	0	0
Loss on investment	(71,804)	0
Gain (loss) on marketable securities	14,884	(35,365)
Net income (loss) before before taxes	(516,266)	(1,277,750)
Income tax expense	0	0
Net income (loss)	$ (516,266)	$ (1,277,750)
Basic and diluted (Loss) per share:
Income (loss) per share	$ (0.03)	$ (0.08)
Weighted average shares outstanding - basic and diluted	16,161,621	16,014,290

Statement of Stockholders Defic

Statement of Stockholders Deficit - USD ($)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Income Deficit [Member]
Balance, shares at Dec. 31, 2021		17,604,705
Balance, amount at Dec. 31, 2021	$ 973,278	$ 17,605	$ 4,785,843	$ (3,830,170)
Stock issued for compensation, shares		30,000
Stock issued for compensation, amount	156,000	$ 30	155,970	0
Stock Retired, shares		(1,617,655)
Stock Retired, amount	(2,101)	$ (1,618)	(483)	0
Options exercise, shares		8,000
Options exercise, amount	14,000	$ 8	13,992	0
Net loss	(1,277,750)	$ 0	0	(1,277,750)
Balance, shares at Dec. 31, 2022		16,025,050
Balance, amount at Dec. 31, 2022	(136,573)	$ 16,025	4,955,322	(5,107,920)
Net loss	(516,266)	$ 0	0	(516,266)
Stock issued for cash, shares		300,286
Stock issued for cash, amount	537,500	$ 300	537,200	0
Balance, shares at Dec. 31, 2023		16,325,336
Balance, amount at Dec. 31, 2023	$ (115,339)	$ 16,325	$ 5,492,522	$ (5,624,186)

Statement of Cash Flows

Statement of Cash Flows - USD ($)	12 Months Ended
Statement of Cash Flows - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Operating activities:
Net (loss)	$ (516,266)	$ (1,277,750)
Adjustments to reconcile net loss to net
Depreciation and amortization	15,850	15,850
Changes in operating assets and liabilities:
Prepaid expenses	0	12,110
Marketable securities	61,599	35,365
Other receivables	(125,672)	(99,955)
Other current assets	63,670	(109,670)
Accounts payable and accrued expenses	(17,532)	18,126
Accrued wages - related party	0	94,421
Other current liabilities	(67,727)	0
Net cash used in operating activities	(586,078)	(1,311,502)
Investing activities:
Acquisition of intangible assets	0	(2,508)
Loss on investment	71,804	0
Deposits	0	5,550
Net cash used in investing activities	71,804	3,042
Cash flows from financing activities:
Proceeds from issuance of stock, net	537,500	167,900
Proceeds from short-term debt	5,305	300,000
Net cash provided by financing activities	542,805	467,900
Net change in cash	28,532	(840,561)
Cash, beginning of the period	79	840,639
Cash, ending of the period	28,610	79
Supplemental disclosure of cash flows information:
Cash paid for interest	(35,858)	0
Cash paid for income taxes	$ 0	$ 0

GENERAL ORGANIZATION AND BUSINE

GENERAL ORGANIZATION AND BUSINESS	12 Months Ended
GENERAL ORGANIZATION AND BUSINESS	Dec. 31, 2023
GENERAL ORGANIZATION AND BUSINESS
General Organization and Business	NOTE 1. GENERAL ORGANIZATION AND BUSINESS Global Warming Solutions, Inc. (“Company”) is an Oklahoma corporation headquartered in Canada that develops technologies that help mitigate global warming. The Company was formerly known as Southern Investments, Inc., and was domiciled in Oklahoma. On April 15, 2007, the company changed its name to Global Warming Solutions, Inc., and moved its headquarters to the commonwealth of Canada. In February 2021 we relocated to Temecula, California. The Company was incorporated on March 30, 1999, as Southern Investments, Inc. and has not been in bankruptcy, receivership, or any similar proceeding. The Company has never been classified as a shell company. On April 15, 2007, Southern Investments, Inc. acquired all the issued and outstanding stock of Global Warming Technologies, Inc., an Oklahoma corporation, in exchange for 55,000,000 shares of Southern Investments, Inc. common stock. Following the acquisition, Southern Investments, Inc. changed its name to Global Warming Solutions, Inc and the Company implemented a 1 for 10 reverse stock split of the Company’s outstanding common stock that took effect on July 6, 2007. On October 23, 2019, the Company acquired the domain name, “www.cbd.biz” and other intangible assets from related parties Paul Rosenberg and Overwatch Partners, Inc., for $100,000. On May 8, 2021, the company ceased all operations relating to CBD sales. The website “www.cbd.biz” has since been shut down. All operations pertaining to CBD sales have been divested and discontinued. The domain and all other assets associated with CBD sales was transferred to Green Holistic Solutions, Inc., in exchange for 18 million shares of Green Holistic Solutions, Inc. Green Holistic Solutions, Inc., is controlled by Paul Rosenberg and Michael Hawkins, both of whom are significant shareholders of the Company.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Summary of Significant Accounting Policies	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and disclosures of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The most significant estimates include revenue recognition; sales returns and other allowances; allowance for doubtful accounts; valuation of inventory; valuation and recoverability of long-lived assets; property and equipment; contingencies; and income taxes. On a regular basis, management reviews its estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such reviews, and if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates. Revenue Recognition Policies We earn revenue from the sale of products. Under Topic 606, revenue is recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. We determine revenue recognition through the following steps: · identification of the contract, or contracts, with a customer; · identification of the performance obligations in the contract; · determination of the transaction price; · allocation of the transaction price to the performance obligations in the contract; and · recognition of revenue when, or as, we satisfy a performance obligation. Concentration of Credit Risk and Significant Customers Financial instruments which potentially subject the Company to a concentration of credit risk consist principally of temporary cash investments and accounts receivable. The Company places its temporary cash investments with financial institutions insured by the FDIC. The Company had no customers for the year ended December 31, 2023. Concentrations of credit risk with respect to trade receivables and commodities are limited due to the diverse group of customers to whom the Company provides services to. The Company establishes an allowance for doubtful accounts when events and circumstances regarding the collectability of its receivables or the selling of its commodities warrant based upon factors such as the credit risk of specific customers, historical trends, other information and past bad debt history. The outstanding balances are stated net of an allowance for doubtful accounts. Our cash balances are maintained in accounts held by major banks and financial institutions located in the United States. The Company may occasionally maintain amounts on deposit with a financial institution that are in excess of the federally insured limit of $250,000. The risk is managed by maintaining all deposits in high-quality financial institutions. The Company had $0 in excess of federally insured limits on December 31, 2023, and 2022. Cost of Goods Sold The Company recognizes the direct cost of purchasing product for sale, including freight-in and packaging, as cost of goods sold in the accompanying statement of operations. Accounts Receivable The Company’s accounts receivable are trade accounts receivable. The Company recognized $0 as an uncollectable reserve for the years ending December 31, 2023, and 2022. Income Taxes Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Basic and Diluted Net Loss Per Share The Company follows ASC Topic 260 – Earnings Per Share FASB 2015-06, Earnings Per Share Basic net earnings (loss) per common share are computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period. Dilutive common stock equivalent shares consist convertible debentures. Warranties Warranty reserves include management’s best estimate of the projected costs to repair or to replace any items under warranty, based on actual warranty experience as it becomes available and other known factors that may impact the Company’s evaluation of historical data. Management will review Redfern’s reserves at least quarterly, when they exist, to ensure that its accruals are adequate in meeting expected future warranty obligations, and the Company will adjust its estimates as needed. Initial warranty data can be limited early in the launch of a product and accordingly, the adjustments that are recorded may be material. As a result, the products that can be returned as a warranty replacement are extremely limited. As a result, due to the Company’s warranty policy, the Company did not have any significant warranty expenses to report for the years ended December 31, 2023, and 2022. Based on these actual expenses, the warranty reserve, as estimated by management as of December 31, 2023, and 2022 were at $0. Any adjustments to warranty reserves are to be recorded in cost of sales. It is likely that as we start selling higher priced products, that are not affected by federal shipping laws and/or are not single use items, we will acquire additional information on the projected costs to service work under warranty and may need to make additional adjustments. Further, a small change in the Company’s warranty estimates may result in a material charge to the Company’s reported financial results. Commitments and Contingencies The Company reports and accounts for its commitments and contingencies in accordance with ASC 440 – Commitments ASC 450 – Contingencies Recent Accounting Pronouncements: There have been no recent accounting pronouncements issued which are expected to have a material effect on the Company’s financial statements. Management continues to monitor and review recently issued accounting guidance upon issuance. In June 2014, the FASB issued ASU No. 2014-10, which eliminated certain financial reporting requirements of companies previously identified as “ Development Stage Entities On May 28, 2014, the FASB issued ASU No. 2015-08 a standard on recognition of revenue from contracts with customers (Topic 606). An issue discussed relates to when another party, along with the entity, is involved in providing a good or a service to a customer. In those circumstances, Topic 606 requires the entity to determine whether the nature of its promise is to provide that good or service to the customer (that is, the entity is a principal) or to arrange for the good or service to be provided to the customer by the other party (that is, the entity is an agent). This determination is based upon whether the entity controls the good or the service before it is transferred to the customer. Topic 606 includes indicators to assist in this evaluation. The Company evaluated all its contracts to determine if the Company was a principal or agent. The Company has determined it was the principal in all its contracts. In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-15, “ Presentation of Financial Statements—Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern We have implemented all other new accounting pronouncements that are in effect and that may impact our financial statements and we do not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on our consolidated financial position or results of operations.

GOING CONCERN

GOING CONCERN	12 Months Ended
GOING CONCERN	Dec. 31, 2023
GOING CONCERN
Going Concern	NOTE 3. GOING CONCERN The Company’s financial statements are prepared using generally accepted accounting principles, which contemplate the realization of assets and liquidation of liabilities in the normal course of business. No certainty of continuation can be stated. The accompanying financial statements for the years ended December 31, 2023, and 2022 have been prepared assuming that we will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The Company suffered losses from operations in all years since inception, and has a nominal working capital surplus, which raise substantial doubt about its ability to continue as a going concern. Management is taking steps to raise additional funds to address its operating and financial cash requirements to continue operations in the next twelve months. Management has devoted a significant amount of time in the raising of capital from additional debt and equity financing. However, the Company’s ability to continue as a going concern is dependent upon raising additional funds through debt and equity financing and generating revenue. There are no assurances the Company will receive the necessary funding or generate revenue necessary to fund operations. The financial statements contain no adjustments for the outcome of this uncertainty.

BALANCE SHEET DETAILS

BALANCE SHEET DETAILS	12 Months Ended
BALANCE SHEET DETAILS	Dec. 31, 2023
BALANCE SHEET DETAILS
Balance Sheet Details	NOTE 4. BALANCE SHEET DETAILS Intangible Assets As of December 31, 2023, the Company has approximately $8,989 in net intangible assets that consists of domain names, and copyright costs. The company is currently amortizing this amount over a 15-year period, recognizing approximately $62 in amortization per month. Other Receivable The Company’s other receivable of $125,672 is related to product development with AQST. Accounts Payable and Accrued Expenses The Company’s accounts payable and accrued expenses are primarily accrued interest and salaries. Legal Settlements None Debt During the year ended December 31, 2023, the Company received short-term loans in the aggregate amount of $5,503. These loans carry a 10% annual interest rate and are due on April 18, 2025. As of December 31, 2023, there was $5,305 in outstanding principal on this loan. On October 18, 2022, the Company received a short-term loan in the amount of $300,000. This loan carries a 10% annual interest rate and is due on April 18, 2025. As of December 31, 2023, there was $300,000 in outstanding principle on this loan.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES
Commitments and Contingencies	NOTE 5. COMMITMENTS AND CONTINGENCIES The Company has no commitments or contingencies for the year ended December 31, 2023, and 2022.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
ACQUISITIONS	Dec. 31, 2023
ACQUISITIONS
Acquisitions	NOTE 6. ACQUISITIONS On October 23, 2019, we acquired the domain “www.cbd.biz” and various other intangible assets from Paul Rosenberg and Overwatch Partners, Inc. The Company expects to continue to expend a significant amount of time and capital to further develop these assets. On March 15, 2021, the Company acquired 62.5% of Green Holistic Solutions, Inc., when it transferred the domain of www.cbd.biz and associated intangible and tangible assets to Green Holistic Solutions in exchange for 15,000,000 shares of common stock. On May 6, 2021, the Company decided to divest itself of control of the Green Holistic Solutions. On May 11, 2021, 30,000,000 shares of Green Holistic Solutions was acquired by Paul Rosenberg and Overwatch Partners, Inc. Due to this acquisition the Company owns 27.8% of Green Holistic Solutions, Inc., and treats its investment into the Company as a Cost Basis investment. The Company has no operational control over Green Holistic Solutions, Inc. We entered into a convertible promissory note of $50,000 with Paul Rosenberg and a convertible promissory note of $50,000 with Overwatch Partners, Inc., as a part of the purchase of these assets. The acquisition price was $100,000. On May 8, 2021, the company ceased all operations relating to CBD sales. The website “www.cbd.biz” has since been shut down. All operations pertaining to CBD sales have been divested and discontinued. The domain and all other assets associated with CBD sales was transferred to Green Holistic Solutions, Inc., in exchange for 18 million shares of Green Holistic Solutions, Inc. Green Holistic Solutions, Inc., is controlled by Paul Rosenberg and Michael Hawkins, both of whom are a significant shareholder of the Company.

SHAREHOLDERS EQUITY

SHAREHOLDERS EQUITY	12 Months Ended
SHAREHOLDERS EQUITY	Dec. 31, 2023
SHAREHOLDERS EQUITY
Shareholders' Equity	NOTE 7. SHAREHOLDERS’ EQUITY In February 2021, the Company commenced a private placement of its common shares at an offering price of $1.25 per share. As of September 30, 2021, the Company had sold 968,000 shares of its common stock for gross proceeds of $1,210,000. In addition, each investor was issued a warrant to purchase an additional share at $1.75 for every 10 shares they purchased. The private capital raise was exempt from registration under Regulation D Rule 506(c). This funding will be utilized for day-to-day operations as well as to finance the development of our ECO APP and the mobile system for the production of hydrogen and electric energy during the movement of automobile, along with other unforeseen projects that the Company will elect to develop and participate in. On February 2, 2022, a former related party retired 1,616,455 shares of common stock. On March 30, 2022, the Company issued 30,000 shares of common stock related to a consulting agreement valued at $156,000. On May 26, 2022, the company retired 1,200 shares of common stock valued at $2,100 and issued 8,000 shares of common stock related to the exercise of warrants. In March 2023, the Company sold 28,286 shares of common stock for $99,000. On July 1, 2023, the Company agreed to issue 105,000 shares of common stock in exchange for the principal balance of $88,000 in debt with a note holder. In August 2023, the Company issued a total of 60,000 shares of common stock to investors in exchange for $150,000. In September 2023, the Company issued a total of 40,000 shares of common stock to investors in exchange for $100,000. In December 2023, the Company issued 67,000 shares of common stock to an investor in exchange for $100,500 As of December 31, 2023, the Company was authorized to issue 1,500,000,000 common shares at a par value of $0.001. As of December 31, 2023, the Company had issued and outstanding, 16,325,336 common shares.

WARRANTS TO PURCHASE COMMON STO

WARRANTS TO PURCHASE COMMON STOCK	12 Months Ended
WARRANTS TO PURCHASE COMMON STOCK	Dec. 31, 2023
WARRANTS TO PURCHASE COMMON STOCK
Warrants to Purchase Common Stock	NOTE 8. WARRANTS TO PURCHASE COMMON STOCK Warrants Issued to Investors As of December 31, 2023, we have warrants to purchase 91,600 shares of common stock at $1.75 per share. All of these warrants expire between March and July 2026.

INCOME TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Dec. 31, 2023
INCOME TAXES
Income Taxes	NOTE 9. INCOME TAXES The Company’s income tax expense for the periods presented in the statements of operations represents minimum franchise taxes. The items accounting for the difference between income taxes computed at the federal statutory rate and the provision for income taxes were as follows: 2023 2022 Statutory federal income tax rate 21.0 % 21.0 % State income taxes, net of federal taxes 0.0 % 0.0 % Effective income tax rate 0.0 % 0.0 % The Company may not be able to utilize the net operating loss carry forwards for its U.S. income taxes in future periods should it experience a change in ownership as defined in Section 382 of the Internal Revenue Code (“IRC”). Under section 382, should the Company experience a more than 50% change in its ownership over a 3-year period, the Company would be limited based on a formula as defined in the IRC to the amount per year it could utilize in that year of the net operating loss carry forwards. Section 382 of the Internal Revenue Code (“IRC”) imposes limitations on the use of NOL’s and credits following changes in ownership as defined in the IRC. The limitation could reduce the amount of benefits that would be available to offset future taxable income each year, starting with the year of an ownership change. The Company has not completed the complex analysis required by the IRC to determine if an ownership change has occurred. At the end of the fiscal year ending December 31, 2023, the Company had net operating loss carry forwards available to offset future taxable income of approximately $3,299,000. These carry forwards will begin to expire in the year ending December 31, 2037. Utilization of the net operating loss carry forwards may be subject to a substantial annual limitation due to the ownership change limitations provided by the Internal Revenue Code of 1986, as amended and similar state provisions. The Company has not performed a change in ownership analysis, accordingly, some or all of its net operating loss carry forwards may not be available to offset future taxable income. Even if the loss carry forwards are available, they may be subject to substantial annual limitations resulting from ownership changes occurring after December 31, 2020, that could result in the expiration of the loss carry forwards before they are utilized. The nature of the components of the deferred tax asset is entirely attributable to the Net operating loss carryforwards incurred by the Company less any permanent differences that maybe used in future years to offset future tax liabilities. We believe that it is more likely than not that the benefit from certain NOL carryforwards will not be realized. In recognition of this risk, we have provided a valuation allowance to offset the deferred tax assets relating to these NOL carryforwards.

RELATED PARTIES

RELATED PARTIES	12 Months Ended
RELATED PARTIES	Dec. 31, 2023
RELATED PARTIES
Related Parties	NOTE 10. RELATED PARTIES The Company occasionally accrues wages for related parties consisting of unpaid wages for the Company CEO. As of December 31, 2023, there was $0 in accrued wages – related party. In April of 2023, the CEO of the Company acquired 742,000 shares of the Company’s common stock from a related party in a private transaction.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2023
SUBSEQUENT EVENTS
Subsequent Events	NOTE 11. SUBSEQUENT EVENTS In January 2024, the Company issued 36,667 shares of common stock in exchange for $55,000. In January 2024, the Company signed a letter of intent with Coal Creek Energy, LLC. to produce hydrogen and hydrogen infrastructure in Kansas. In January 2024, the Company appoints academic Ph.D. (Geophysics) Dr. Jason McKenna to its advisory board. In January 2024, the Company completes its acquisition of AQST-USA, LLC. In April 2024, the Company received an engine from the US Navy to begin integration of its hydrogen technology.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and disclosures of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The most significant estimates include revenue recognition; sales returns and other allowances; allowance for doubtful accounts; valuation of inventory; valuation and recoverability of long-lived assets; property and equipment; contingencies; and income taxes. On a regular basis, management reviews its estimates utilizing currently available information, changes in facts and circumstances, historical experience and reasonable assumptions. After such reviews, and if deemed appropriate, those estimates are adjusted accordingly. Actual results could differ from those estimates.
Revenue Recognition Policies	We earn revenue from the sale of products. Under Topic 606, revenue is recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. We determine revenue recognition through the following steps: · identification of the contract, or contracts, with a customer; · identification of the performance obligations in the contract; · determination of the transaction price; · allocation of the transaction price to the performance obligations in the contract; and · recognition of revenue when, or as, we satisfy a performance obligation.
Concentration of Credit Risk and Significant Customers	Financial instruments which potentially subject the Company to a concentration of credit risk consist principally of temporary cash investments and accounts receivable. The Company places its temporary cash investments with financial institutions insured by the FDIC. The Company had no customers for the year ended December 31, 2023. Concentrations of credit risk with respect to trade receivables and commodities are limited due to the diverse group of customers to whom the Company provides services to. The Company establishes an allowance for doubtful accounts when events and circumstances regarding the collectability of its receivables or the selling of its commodities warrant based upon factors such as the credit risk of specific customers, historical trends, other information and past bad debt history. The outstanding balances are stated net of an allowance for doubtful accounts. Our cash balances are maintained in accounts held by major banks and financial institutions located in the United States. The Company may occasionally maintain amounts on deposit with a financial institution that are in excess of the federally insured limit of $250,000. The risk is managed by maintaining all deposits in high-quality financial institutions. The Company had $0 in excess of federally insured limits on December 31, 2023, and 2022.
Cost of Goods Sold	The Company recognizes the direct cost of purchasing product for sale, including freight-in and packaging, as cost of goods sold in the accompanying statement of operations.
Accounts Receivable	The Company’s accounts receivable are trade accounts receivable. The Company recognized $0 as an uncollectable reserve for the years ending December 31, 2023, and 2022.
Income Taxes	Income taxes are accounted for under the assets and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carry forwards. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled.
Basic and Diluted Net Loss Per Share	The Company follows ASC Topic 260 – Earnings Per Share FASB 2015-06, Earnings Per Share Basic net earnings (loss) per common share are computed by dividing the net earnings (loss) for the period by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share are computed using the weighted average number of common and dilutive common stock equivalent shares outstanding during the period. Dilutive common stock equivalent shares consist convertible debentures.
Commitments and Contingencies	The Company reports and accounts for its commitments and contingencies in accordance with ASC 440 – Commitments ASC 450 – Contingencies
Warranties	Warranty reserves include management’s best estimate of the projected costs to repair or to replace any items under warranty, based on actual warranty experience as it becomes available and other known factors that may impact the Company’s evaluation of historical data. Management will review Redfern’s reserves at least quarterly, when they exist, to ensure that its accruals are adequate in meeting expected future warranty obligations, and the Company will adjust its estimates as needed. Initial warranty data can be limited early in the launch of a product and accordingly, the adjustments that are recorded may be material. As a result, the products that can be returned as a warranty replacement are extremely limited. As a result, due to the Company’s warranty policy, the Company did not have any significant warranty expenses to report for the years ended December 31, 2023, and 2022. Based on these actual expenses, the warranty reserve, as estimated by management as of December 31, 2023, and 2022 were at $0. Any adjustments to warranty reserves are to be recorded in cost of sales. It is likely that as we start selling higher priced products, that are not affected by federal shipping laws and/or are not single use items, we will acquire additional information on the projected costs to service work under warranty and may need to make additional adjustments. Further, a small change in the Company’s warranty estimates may result in a material charge to the Company’s reported financial results.
Recent Accounting Pronouncements	There have been no recent accounting pronouncements issued which are expected to have a material effect on the Company’s financial statements. Management continues to monitor and review recently issued accounting guidance upon issuance. In June 2014, the FASB issued ASU No. 2014-10, which eliminated certain financial reporting requirements of companies previously identified as “ Development Stage Entities On May 28, 2014, the FASB issued ASU No. 2015-08 a standard on recognition of revenue from contracts with customers (Topic 606). An issue discussed relates to when another party, along with the entity, is involved in providing a good or a service to a customer. In those circumstances, Topic 606 requires the entity to determine whether the nature of its promise is to provide that good or service to the customer (that is, the entity is a principal) or to arrange for the good or service to be provided to the customer by the other party (that is, the entity is an agent). This determination is based upon whether the entity controls the good or the service before it is transferred to the customer. Topic 606 includes indicators to assist in this evaluation. The Company evaluated all its contracts to determine if the Company was a principal or agent. The Company has determined it was the principal in all its contracts. In August 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-15, “ Presentation of Financial Statements—Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern We have implemented all other new accounting pronouncements that are in effect and that may impact our financial statements and we do not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on our consolidated financial position or results of operations.

INCOME TAXES (Table)

INCOME TAXES (Table)	12 Months Ended
INCOME TAXES (Table)	Dec. 31, 2023
INCOME TAXES
Schedule of Federal Statutory Rate	2023 2022 Statutory federal income tax rate 21.0 % 21.0 % State income taxes, net of federal taxes 0.0 % 0.0 % Effective income tax rate 0.0 % 0.0 %

GENERAL ORGANIZATION AND BUSI_2

GENERAL ORGANIZATION AND BUSINESS (Details Narrative) - USD ($)		1 Months Ended
	May 08, 2021	Oct. 23, 2019	Apr. 15, 2007
Shares of common stock	18,000,000
Reverse stock split			1 for 10
Southern Investments Inc [Member]
Exchange of shares			55,000,000
Overwatch Partners, Inc. [Member]
Acquisition of other intangible assets		$ 100,000

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Federally insured limit	$ 250,000
Uncollectable reserve accounts receivable	0	$ 0
Loss on contingencies	0	0
Amount in excess of insured limit	0	$ 0
Warranty reserve	$ 0

BALANCE SHEET DETAILS (Details

BALANCE SHEET DETAILS (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
BALANCE SHEET DETAILS (Details Narrative) - USD ($)	Oct. 18, 2022	Dec. 31, 2023	Dec. 31, 2022
BALANCE SHEET DETAILS
Net intangible assets		$ 8,989
Amortizing period		15 years
Amortization expense, per month		$ 62
Other receivable		125,672	$ 0
Outstanding principle		5,305
Short-term loan amount	$ 300,000	$ 5,503
Annual interest rate	10%	10%
Short-term loan due date	Apr. 18, 2025	Apr. 18, 2025

ACQUISITIONS (Details Narrative

ACQUISITIONS (Details Narrative) - USD ($)				1 Months Ended
ACQUISITIONS (Details Narrative) - USD ($)	May 11, 2021	May 08, 2021	Mar. 15, 2021	Oct. 23, 2019
Acquisition price				$ 100,000
Shares of common stock		18,000,000
Overwatch Partners, Inc. [Member]
Promissory note				50,000
Paul Rosenberg [Member]
Promissory note				$ 50,000
Green Holistic Solutions Inc [Member]
Shares of common stock	30,000,000		15,000,000
Acquisition rate	27.80%		62.50%

SHAREHOLDERS EQUITY (Details Na

SHAREHOLDERS EQUITY (Details Narrative) - USD ($)	1 Months Ended				12 Months Ended
SHAREHOLDERS EQUITY (Details Narrative) - USD ($)	Mar. 30, 2023	May 26, 2022	Mar. 30, 2022	Feb. 28, 2021	Dec. 31, 2023	Dec. 31, 2022	Feb. 02, 2022
Common stock, shares par value					$ 0.001	$ 0.001
Common stock, shares authorized					1,500,000,000	1,500,000,000
Common stock, shares issued					16,325,336	16,025,050
Common stock, shares outstanding					16,325,336	16,025,050
Common stock sold shares, shares	28,286
Common stock sold shares, amount	$ 99,000
Issue of common stock shares warrant		8,000	30,000
Issue of retired common stock shares warrant		1,200					1,616,455
Exercise of warrants		$ 2,100	$ 156,000
Common shares value					$ 16,325	$ 16,025
February 2021 [Member]
Offering price per share				$ 1.25
Shares sold, private placement					968,000
Gross proceeds from shares sold					$ 1,210,000
Additional shares description				each investor was issued a warrant to purchase an additional share at $1.75 for every 10 shares they purchased
July 1, 2023 [Member]
Common stock, shares issued					105,000
Notes payable principal balance					$ 88,000
August 2023 [Member]
Common stock, shares issued					60,000
Common shares value					$ 150,000
September 2023 [Member]
Common stock, shares issued					40,000
Common shares value					$ 100,000
December 2023 [Member]
Common stock, shares issued					67,000
Common shares value					$ 100,500

WARRANTS TO PURCHASE COMMON S_2

WARRANTS TO PURCHASE COMMON STOCK (Details Narrative)	12 Months Ended
WARRANTS TO PURCHASE COMMON STOCK (Details Narrative)	Dec. 31, 2023 $ / shares shares
WARRANTS TO PURCHASE COMMON STOCK
Warrants to purchase common stock, price per share \| $ / shares	$ 1.75
Warrants to purchase common stock shares \| shares	91,600
Warrants expire	March and July 2026

INCOME TAXES (Details)

INCOME TAXES (Details)	12 Months Ended
INCOME TAXES (Details)	Dec. 31, 2023	Dec. 31, 2022
INCOME TAXES
Statutory federal income tax rate	21%	21%
State income taxes, net of federal taxes	0%	0%
Effective income tax rate	0%	0%

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative)	12 Months Ended
INCOME TAXES (Details Narrative)	Dec. 31, 2023 USD ($)
INCOME TAXES
Operating loss carry forward	$ 3,299,000
Operating loss carry forwardcarry expire date description	expire in the year ending December 31, 2037

RELATED PARTIES (Details Narrat

RELATED PARTIES (Details Narrative) - CEO [Member] - USD ($)	1 Months Ended
	Apr. 30, 2023	Dec. 31, 2023
Accrued wages - related party		$ 0
Issued acquired shares of common stock from a related party	742,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Jan. 31, 2024	Dec. 31, 2023
Issued shares of common stock in exchange, amount		$ 537,500
Subsequent Event [Member]
Issued shares of common stock in exchange, amount	$ 55,000
Issued shares of common stock, shares	36,667