Annual report pursuant to Section 13 and 15(d)

Note H - Investment in and Transactions with Unconsolidated Subsidiaries (Tables)

v3.19.1
Note H - Investment in and Transactions with Unconsolidated Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2018
Notes Tables  
Equity Method Investments [Table Text Block]
   
December 31, 2018
   
December 31, 2017
 
Assets:    
(unaudited)
     
(unaudited)
 
Current assets
  $
10,587,648
    $
13,127,422
 
Non-current assets
   
4,603,485
     
3,213,520
 
Total assets:
  $
15,191,133
    $
16,340,942
 
                 
Liabilities:
               
Current liabilities
   
17,696,033
     
18,468,937
 
Stockholders' deficit
   
(2,504,900
)    
(2,127,995
)
Total liabilities and stockholders’ deficit
  $
15,191,133
    $
16,340,942
 
                 
   
December 31, 2018
   
December 31, 2017
 
   
(unaudited)
   
(unaudited)
 
Net sales
  $
7,598,998
    $
1,394,760
 
Cost of goods sold
   
3,539,138
     
477,200
 
Gross profit
   
4,059,860
     
917,560
 
Other expenses
   
(4,642,154
)    
(5,975,360
)
Net Losses
  $
(582,294
)   $
(5,057,800
)