Form 10-Q - Quarterly report [Sections 13 or 15(d)]

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended JUNE 30, 2024

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission File Number: 000-55398

YUENGLINGS ICE CREAM CORPORATION

(Exact name of registrant as specified in its charter)

Nevada		47-1893698
(State or other jurisdiction of incorporation or organization)		(I.R.S. Employer Identification No.)

8910 West 192^nd Street, Suite N, Mokena, IL		60448
(Address of principal executive offices)		(Zip Code)

312-288-8000

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Check whether the issuer is not required to file reports pursuant to Section 13 or 15(d) of the Exchange Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☐ No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer	☐	Accelerated filer	☐
Non-accelerated filer	☒	Smaller reporting company	☒
Emerging growth company	☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal quarter. $756,108

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of as of December 18, 2024 there, were 384,088,943 shares of common stock outstanding.

TABLE OF CONTENTS

			PAGE
PART I
	Item 1.	Financial Statements	1
	Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	33
	Item 3.	Quantitative and Qualitative Disclosures About Market Risk	36
	Item 4.	Controls and Procedures	37

PART II
	Item 1.	Legal Proceedings	38
	Item 1A.	Risk Factors	38
	Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	38
	Item 3.	Defaults Upon Senior Securities	40
	Item 4.	Mine Safety Disclosures	40
	Item 5.	Other Information	40
	Item 6.	Exhibits	41

SIGNATURES			42

Emerging Growth Company

We are and we will remain an “emerging growth company” as defined under The Jumpstart Our Business Startups Act (the “JOBS Act”), until the earliest to occur of (i) the last day of the fiscal year during which our total annual revenues equal or exceed $1 billion (subject to adjustment for inflation), (ii) the last day of the fiscal year following the fifth anniversary of our initial public offering, (iii) the date on which we have, during the previous three-year period, issued more than $1 billion in non-convertible debt securities, or (iv) the date on which we are deemed a “large accelerated filer” (with at least $700 million in public float) under the Securities and Exchange Act of 1934, as amended (the “Exchange Act”).

As an “emerging growth company”, we may take advantage of specified reduced disclosure and other requirements that are otherwise applicable generally to public companies. These provisions include:

●

only two years of audited financial statements in addition to any required unaudited interim financial statements with correspondingly reduced “Management’s Discussion and Analysis” disclosure;

●

reduced disclosure about our executive compensation arrangements;

●

no requirement that we hold non-binding advisory votes on executive compensation or golden parachute arrangements; and

●

exemption from the auditor attestation requirement in the assessment of our internal control over financial reporting.

We have taken advantage of some of these reduced burdens, and thus the information we provide stockholders may be different from what you might receive from other public companies in which you hold shares.

In addition, Section 107 of the JOBS Act also provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards. In other words, an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. However, we are choosing to “opt out” of such extended transition period, and as a result, we will comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for non-emerging growth companies. Section 107 of the JOBS Act provides that our decision to opt out of the extended transition period for complying with new or revised accounting standards is irrevocable.

Notwithstanding the above, we are also currently a “smaller reporting company”, meaning that we are not an investment company, an asset-backed issuer, or a majority-owned subsidiary of a parent company that is not a smaller reporting company and have a public float of less than $250 million and annual revenues of less than $100 million during the most recently completed fiscal year. In the event that we are still considered a “smaller reporting company”, at such time as we cease being an “emerging growth company”, the disclosure we will be required to provide in our SEC filings will increase, but will still be less than it would be if we were not considered either an “emerging growth company” or a “smaller reporting company”. Specifically, similar to “emerging growth companies”, “smaller reporting companies” are able to provide simplified executive compensation disclosures in their filings; are exempt from the provisions of Section 404(b) of the Sarbanes-Oxley Act (“SOX”) requiring that independent registered public accounting firms provide an attestation report on the effectiveness of internal control over financial reporting; and have certain other decreased disclosure obligations in their SEC filings, including, among other things, only being required to provide two years of audited financial statements in annual reports.

Employees

The Company currently has approximately twenty-five full-time and part time employees, including officers and directors. Our employees are not represented by any labor union.

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and, as such, are not required to provide the information under this Item.

PART I FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

YUENGLING’S ICE CREAM CORPORATION

Index to Financial Statements

Condensed Consolidated Balance Sheets as of June 30, 2024 (unaudited) and December 31, 2023		2

Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2024 and 2023 (Unaudited)		3

Condensed Consolidated Statement of Changes in Stockholders’ Deficit for the three and six months ended June 30, 2024 and 2023 (Unaudited)		4

Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2024 and 2023 (Unaudited)		5

Notes to Condensed Consolidated Financial Statements (Unaudited)		6

YUENGLING’S ICE CREAM CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS


	June 30, 2024			December 31, 2023
	(Unaudited)
ASSETS
Current Assets:
Cash	$	82,374		$	360,673
Accounts receivable		405,683			239,825
Prepaid expenses		62,579			275,780
Loans to related parties		-			-
Inventory		-			-
Total Current Assets		550,636			876,278

Other Assets:
Deposits		8,688			8,618
Furniture and fixed assets, net		405,468			445,697
Goodwill		1,347,428			3,343,929
Customer list acquired		121,001			-
Right of use asset		434,392			518,968
Total non-current assets		2,195,977			4,317,212
Total Assets	$	2,746,613		$	5,193,490
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities:
Accounts payable and accrued expenses	$	2,268,678		$	1,764,696
Deferred Revenues		17,912			68,618
Due to officers		407,225			309,725
Due to Affiliate		1,487,578			1,570,253
Due to financial institutions		1,130,229			1,649,134
Seller notes and loans payable, related parties current		623,101			1,175,124
SBA loan payable		423,300			1,012,392
Vehicle and equipment loans		310,481			336,610
Term note payable, related parties		1,175,000			1,175,000
Other loans and notes payable		315,676			202,206
Officer life insurance liability, current portion		450,000			450,000
Convertible notes payable, third parties, net of put premiums		520,114			30,000
Derivative liability		22,489,505			14,637,055
Lease liability, current portion		158,074			171,315
Equipment lease, current		26,092			26,092
Total Current Liabilities		31,802,965			24,578,220

Non-Current Liabilities:
Seller notes payable, non-current portion related parties		631,778			192,932
CNP, third parties, net of discounts		-			40,650
Officer life insurance premium, non-current portion		2,250,000			2,250,000
Dividend payable, preferred stock Series C & D		351,096			76,849
Equipment lease, non-current		9,846			25,090
Lease liability, non-current portion		279,947			347,605
Total Non-Current Liabilities		3,522,667			2,933,126

Total Liabilities	$	35,325,632		$	27,511,346

Commitments and contingencies		-			-

Temporary Equity - Preferred Series A stock to be issued		357,022			357,022

Stockholders’ Deficit:

To be issued		75,088			68,000
Preferred stock, Series A; par value $0.0001; 10,000,000 shares authorized, 475,000 shares issued and outstanding at June 30, 2024 and December 31, 2023		48			48
Preferred stock, Series C and D, par value $0.0001, 10,000,000 shares authorized, 10,000,000 shares issued and outstanding at June 30, 2024 and December 31, 2023		1,000			1,000
Common stock: $0.001 par value; 2,500,000,000 shares authorized; 384,088,943 and 349,488,710 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively		384,089			349,489
Additional paid in capital		2,247,549			1,616,009
Accumulated deficit		(35,643,815	)		(24,709,424	)
Total Stockholders’ Deficit		(32,936,041	)		(22,674,878	)
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT	$	2,746,613		$	5,193,490

The accompanying notes are an integral part of these consolidated financial statements.

YUENGLING’S ICE CREAM CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)



	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2024			2023			2024			2023
Revenue		1,313,873			761,209			3,411,102			1,588,499
Cost of goods sold		390,251			329,989			1,435,690			754,756
Gross Profit		923,622			431,220			1,975,412			833,743

Operating Expenses:
Impairment loss		-			-			2,117,502			-
General and administrative expenses		345,904			68,577			654,516			210,606
Stock compensation		-			45,000			-			52,500
Compensation		1,156,998			(41,764	)		2,057,472			211,892
Professional fees		52,901			98,269			388,159			177,980
Total operating expenses		1,555,803			170,082			5,217,649			652,978

Loss from operations		(632,181	)		261,138			(3,242,237	)		180,765

Other income (expense):
Derivative: expense, gains and losses from issuances		(4,108,977	)		-			(20,722,300	)		16,166
Changes in fair market value		3,718,424			(49,802	)		13,136,512			(129,484	)
Gain on debt extinguishment		-			-			1,170,433			-
Interest expense		(434,779	)		81,852			(822,630	)		241,810
Loss on conversion of convertible debt		(179,921	)		-			(179,921	)		-
Total other expense		(1,005,253	)		32,050			(7,417,906	)		128,492

Loss before provision for income tax		(1,637,434	)		229,088			(10,660,143	)		52,273

Net loss	$	(1,637,434	)	$	229,088		$	(10,660,143	)	$	52,273

Preferred dividends		-			-			-			-
Net income (loss) available to common shareholders		-			-			-			-

Basic and diluted, loss per share	$	(0.00	)	$	-		$	(0.03	)	$	-

Basic and diluted weighted average shares		367,173,274			-			360,213,016			-

The accompanying notes are an integral part of these consolidated financial statements.

YUENGLING’S ICE CREAM CORPORATION

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS’ DEFICIT

FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Unaudited)


	Series A Preferred Stock				Series C & D Preferred Stock				Common Stock				To Be Issued Common Stock		Additional Paid in		Accumulated
	Shares		Amount		Shares		Amount		Shares		Amount		Amount		Capital		Deficit			Total
Balance at December 31, 2022		475,000	$	48		1,000,000	$	1,000		14,828,595	$	14,829	$	660,000	$	1,016,412	$	(1,726,560	)	$	(34,271	)

Net loss for three months ending March 31, 2023		-		-		-		-		-		-		-		-		(176,815	)		(176,815	)

Balance at March 31, 2023		475,000	$	48		1,000,000	$	1,000		14,828,595	$	14,829	$	660,000	$	1,016,412	$	(1,903,375	)	$	(211,086	)

Net loss for three months ending June 30, 2023		-		-		-		-		-		-		-		-		(229,088	)		(229,088	)

Balance at June 30, 2023		475,000		48		1,000,000		1,000		14,828,595		14,829		660,000		1,016,412		(2,132,463	)		(440,174	)

	Series A Preferred Stock				Series C & D Preferred Stock				Common Stock				To Be Issued Common Stock		Additional Paid in		Accumulated
	Shares		Amount		Shares		Amount		Shares		Amount		Amount		Capital		Deficit			Total
Balance at December 31, 2023		475,000	$	48		10,000,000	$	1,000		349,488,710	$	349,489	$	68,000	$	1,616,009	$	(24,709,424	)	$	(22,674,878	)

Warrants issued to investors		-		-		-		-		-		-		-		397,053		-			397,053

Preferred stock dividends Series C & D		-		-		-		-		-		-		-		-		(137,124	)		(137,124	)

Net loss for three months ending March 31, 2024		-		-		-		-		-		-		-		-		(9,022,709	)		(9,022,709	)

Balance at March 31, 2024		475,000		48		10,000,000		1,000		349,488,710		349,489		68,000		2,013,062		(33,869,257	)		(31,437,658	)

Value of preferred shares to be issued														7,088							7,088

Conversion of convertible note interest to common stock										34,600,233		34,600				155,702					190,302

Warrants issued to investors		-		-		-		-		-		-		-		78,785		-			78,785

Preferred stock dividends Series C & D		-		-		-		-		-		-		-		-		(137,124	)		(137,124	)

Net loss for three months ending June 30, 2024		-		-		-		-		-		-		-		-		(1,637,434	)		(1,637,434	)

Balance at June 30, 2024		475,000	$	48		10,000,000	$	1,000		384,088,943	$	384,089	$	75,088	$	2,247,549	$	(35,643,815	)	$	(32,936,041	)

The accompanying notes are an integral part of these consolidated financial statements.

YUENGLING’S ICE CREAM CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)


	For the Six Months Ended June 30,
	2024			2023
CASH FLOWS FROM OPERATING ACTIVITIES

NET INCOME (LOSS)	$	(10,660,143	)	$	(52,273	)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based expenses		-			52,500
Amortization & depreciation		60,626			-
Amortization of debt discounts		618,179			202,806
Derivative expense		20,722,300			16,166
Changes in fair market value of derivatives		(13,136,512	)		(129,484	)
Loss on conversion of liability to common stock		179,921			-
Gain on extinguishment		(1,170,433	)		-
Fee notes issued		65,000			-
Intangibles impairment		2,117,502			-
Changes in assets and liabilities:
Accounts receivable		(165,858	)		(45,274	)
Inventories		-			(56,190	)
Prepaids and Other		213,201			(191,113	)
A/P and accrued		488,357			181,445
Equipment lease		(15,244	)		-
ROU Lease		3,676			(35,231	)
Customer deposits		(50,706	)		(31,444	)
Other current liabilities		97,500			(5,500	)
NET CASH USED IN OPERATING ACTIVITIES		(632,634	)		(93,592	)

CASH FLOWS FROM INVESTING ACTIVITIES
Fixed assets		(53,896	)		(43,351	)
Cash paid for Singer asset purchase		(121,413	)		-
NET CASH USED IN INVESTING ACTIVITIES		(175,309	)		(43,351	)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Pipe loan		-			613,800
Repayments Pipe loan		-			(256,551	)
Proceeds from Fox loan		287,705			-
Repayments Fox loan		(92,295	)		-
Proceeds from Fora loan		-			-
Repayment of Fora loan		(316,577	)		-
Repayments seller notes		(113,177	)		(93,216	)
Note issued		125,000			37,675
Repayment of note issued		(14,729	)		-
New vehicle loan		53,896			-
Repayments vehicle loans		(26,129	)		-
Affiliate advances		-			1,174,792
Repayments of affiliate advances		(36,550	)		-
Repayments - Related party advances		-			(1,001,986	)
Proceeds – convertible notes payable		662,500			35,000
ULI Insurance payment		-			(382,500	)
NET CASH PROVIDED BY FINANCING ACTIVITIES		529,644			127,014

EFFECT OF EXCHANGE RATE CHANGES ON CASH

NET INCREASE (DECREASE) IN CASH		(278,299	)		(9,929	)

CASH BEGINNING OF YEAR		360,673			571,578

CASH END OF YEAR	$	82,374		$	561,649

Cash paid during the period for Interest	$	62,682		$	-

Income taxes		-			-

Supplemental Disclosure of Non-Cash Activity:
Debt discounts	$	742,500		$	-
Preferred stock dividends	$	274,248		$	-
Common stock issued for conversion of accrued interest and conversion expenses	$	10,380		$	-
Convertible preferred shares to be issued for asset acquisition	$	7,088		$	-

The accompanying notes are an integral part of these consolidated financial statements.

YUENGLING’S ICE CREAM CORPORATION
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
JUNE 30, 2024

(Unaudited)

NOTE 1 – ORGANIZATION AND BUSINESS

Yuengling’s Ice Cream Corporation, (f/k/a Aureus, Inc.) (“Yuengling’s,” “YCRM,” or the “Company”) was incorporated in Nevada on April 19, 2013, under the name “Aureus Incorporated.” The Company was initially organized to develop and explore mineral properties in the state of Nevada. Effective December 15, 2017, the name was changed to “Hohme, Inc.,” and, effective February 7, 2019, the Company changed its name to “Aureus, Inc. and on September 14, 2021, the Company changed their name to Yuengling’s Ice Cream Corporation”. The Company is currently active in the state of Nevada.

In November, 2023, YCRM completed its acquisition of ReachOut Technology Corp. (“ReachOut”). ReachOut is a Managed Service Provider (MSP) that provides cybersecurity and IT services to Small to Medium Sized Businesses (SMBs). Management is highly experienced with business operation as well as acquisition and integration. After the closing of the ReachOut transaction, the Company agreed to assign the ice cream assets to Mid Penn Bank in return for the cancellation of the bank debt. The Company also ceased its Aureus Micro Markets operations at the time the ReachOut agreement was signed.

Reverse Merger/Acquisition of ReachOut Technology Corp.

On November 9, 2023, the Yuengling’s Ice Cream Corporation closed the Share Exchange and Control Block Transfer Agreements with ReachOut Technology Corp. (“ReachOut”) whereby 100% of the membership interests of ReachOut were exchanged for Series C Preferred Stock which is convertible into 87.5% of the total issued and outstanding shares of common stock of the Company (fully diluted basis) as determined at the consummation of the acquisition.

The Share Exchange is intended to constitute a reorganization with the meaning of Section 368 of the Internal Revenue Code of 1986 (as amended).

As a result of the transaction, ReachOut became a subsidiary of the Company.

The Company evaluated the substance of the merger transaction and found it met the criteria for the accounting and reporting treatment of a reverse acquisition under ASC 805 (Business Combinations)-40-45 (Reverse Acquisition and Other Presentation Matters) and accordingly will consolidate the operations of ReachOut and the Company and the financial condition from the closing date of the transaction. The historic results of operations will reflect those of ReachOut. As such, ReachOut is treated as the acquirer while the Company is treated as the acquired entity for accounting and financial reporting purposes.

Under reverse merger accounting, the comparative historical financial statements of the Company, as the legal acquirer, are those of the accounting acquirer, ReachOut, the Company’s financial statements prior to the closing of the reverse acquisition; reflect only the business of ReachOut and its subsidiaries.

For accounting purposes, ReachOut is considered the acquirer of YCRM. based upon the terms of the Merger as well as other factors including; (i) RO former shareholders own approximately 87.5% of the combined Company’s outstanding common shares (giving effect to the conversion of the preferred Series C shares ReachOut stockholders received in exchange for the ReachOut stock) immediately following the closing of the Merger, and (ii ReachOut management hold key management positions of the combined Company. The Merger has therefore recorded as a reverse acquisition. The figures described in the notes and financial statements are a continuation of the figures of the legal subsidiary or accounting acquirer (ReachOut). However, the equity reflects the legal acquirer, or accounting acquiree (YCRM) equity structure. The acquisition value is recorded to reflect the par value of the outstanding shares of the Company, including the number of shares issued in the reverse acquisition and has been recast to reflect the merger transactions as if it had occurred as of the earliest period presented. Any difference is recognized as an adjustment to the additional paid in capital to the extent available, and then as a retained earnings adjustment.

Under the terms of the Control Block Transfer Agreement, Everett Dickson (former CEO) sold all his remaining Series A Preferred Stock to Richard Jordan (new CEO) for $140,000.

Following the closing of the agreements, Robert Bohorad and Everett Dickson resigned their positions as CEO and Chairman of the Board of Directors, respectively and Richard Jordan was appointed to those positions.

The Company has authorized 8,750,000 Series C Preferred Shares of Stock, effective December 13, 2023. The shares have a stated value of $3.00 per share, earns a 2% dividend on the stated value, which is cumulative and payable solely upon redemption. The stock has voting rights equal to the number of common shares into which the preferred shares may be converted. At any time following 180 days from the date of issuance the preferred stock in aggregate can be converted into 87.5% of the outstanding common stock for a period of twenty-four months from the date of issuance of the Series C Preferred Stock.

Under the terms of the Share Exchange Agreement the Company issued 8,750,000 shares of Series C Preferred Stock to the owners of ReachOut. in exchange for 100% of the shares of ReachOut upon closing the aforementioned acquisition.

ReachOut Technology Corp.

Reachout Technology, Corp. (“ReachOut”) is a corporation formed on February 13, 2020 under the laws of the State of Delaware. ReachOut provides cybersecurity and IT management solutions to businesses to protect their complete operating landscape and data secrets. ReachOut is headquartered in Chicago, Illinois.

From formation until the acquisition of Innovative Design Networks, LLC (“IND”) on September 2, 2022, ReachOut had no principal operations or revenue. ReachOut’s activities during this period primarily consisted of formation activities, acquisition research and preparations to raise capital.

ReachOut Corp. Acquisition - Innovative Network Designs LLC

IND is a New Jersey limited liability company and ReachOut acquired 100% of the member’s interest of IND in exchange for cash, notes payable, commitment to purchase universal life insurance policies for the principals and 500,000 restricted shares of ReachOut’s common stock. The transactions were deemed to be a business combinations and applied acquisition accounting under ASC 805.

Innovative Network Designs LLC - New Jersey

IND Corporation (“IND”) provides information technology services. IND offers cybersecurity, risk assessment, network security, cloud performance, remote management, migration support, and monitoring solutions for businesses, as well as provides consulting and maintenance services. IND serves clients in the States of New York, New Jersey, and Pennsylvania. IND can either manage and support a client’s entire technology infrastructure or complement to the existing internal IT personnel. IND’s unique service model is designed to reduce client costs, increase client profits and mitigate client’s business risks.

ReachOut Corp. Acquisition - Red Gear LLC

ReachOut entered into a Membership Interest Purchase Agreement on September 29, 2023 with RedGear, LLC, a Texas limited liability company and acquired 100% of the members’ interest of RedGear, LLC, in exchange for cash, a note payable and the assumption of certain liabilities of RedGear, LLC. The transaction was deemed to be a business combination and applied acquisition accounting under ASC 805. Upon closing October 2, 2023, the total value of the consideration given for the purchase was $3,025,249 The purchase price was allocated to net tangible assets of $54,006 with the balance of $2,510,0291 allocated to goodwill, which is not amortized to expense. ReachOut hired an independent accounting firm to validate the Adjusted EBITDA (as defined in the closing documents). The results of the validation resulted in a purchase price adjustment reducing goodwill to $2,117,502. During the three months ended March 31, 2024, the Company determined that the goodwill was fully impaired and charged to loss to operating expenses.

RedGear LLC - Texas

RedGear LLC (“RedGear”) provides professional technology services, structured cabling, equipment, and consulting in the Southwest US region. RedGear’s entire culture is built around supporting business infrastructures, while building relationships and delivering an exceptional customer service experience and always keeping customers’ best interest a top priority. RedGear has built its success by reputation, quality of work, professionalism, and always being there for clients every step of the way whenever needed. RedGear’s services, certifications, experience, and expertise cover the entire spectrum of Information Technology that no other regional technology service provider can match.

These are pre-acquisition descriptions. Post-acquisition, ReachOut Technology Corp. will re-brand its subsidiaries to ReachOut, add any unique revenue streams to ReachOut’s portfolio and standardize program offerings.

NOTE 2 – GOING CONCERN

The Company has evaluated whether there are certain conditions and events, considered in the aggregate, that raise substantial doubt and the Company’s ability to continue as a going concern within one year after the date that the financial statements are issued.

The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has not generated profits since inception, has sustained net losses of $10,660,143, for the six months ended June 30, 2024, and has incurred negative cash flows from operations for the period. As of June 30, 2024, the working capital deficit, stockholders’ deficit, and accumulated deficit was $31,252,329, $32,936,041 and $35,643,815 respectively. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern for the next twelve months is dependent upon its ability to generate sufficient cash flows from operations to meet its obligations. In the event that the Company cannot generate sufficient revenue to sustain its operations, the Company will need to reduce expenses or obtain financing through the sale of debt and/or equity securities. The issuance of additional equity would result in dilution to existing shareholders. If the Company is unable to obtain additional funds when they are needed or if such funds cannot be obtained on terms acceptable to the Company, the Company would be unable to execute upon the business plan or pay costs and expenses as they are incurred, which would have a material, adverse effect on the business, financial condition, and results of operations. The financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities as a result of this uncertainty.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Principles of Consolidation

The Company prepares its consolidated financial statements in accordance with U.S. generally accepted accounting principles (“GAAP”). The accompanying consolidated financial statements include the accounts of ReachOut Technology Corp. and its wholly-owned subsidiaries, ReachOut IND and RedGear. All significant intercompany accounts and transactions have been eliminated in consolidation. Since September 2, 2022, following the purchase of 100% of the membership interests in Innovative Network Designs LLC, (now ReachOut IND) and RedGear, LLC on October 2, 2023, the operations, assets, and liabilities have been consolidated into the Company.

Principles of Consolidation

The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, YIC Acquisitions Corp., ReachOut (and its subsidiaries). All material intercompany transactions and balances have been eliminated on consolidation. ReachOut’s wholly-owned subsidiaries, ReachOut IND and RedGear were acquired on September 2, 2022 (purchase of 100% of the membership interests) and on October 2, 2023 (purchase of 100% of the membership interests) respectively, the operations, assets and liabilities have been consolidated into the ReachOut. Company.

Use of Estimates

The preparation of the Company’s financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions reflected in these financial statements include, but are not limited to, inventory, revenue recognition and the valuations of common and preferred stock, valuations of derivative liabilities and intangible assets. The Company bases its estimates on historical experience, known trends, analysis and other market-specific or other relevant factors that it believes to be reasonable under the circumstances. On an ongoing basis, management evaluates its estimates when there are changes in circumstances, facts, and experience. Changes in estimates are recorded in the period in which they become known. Actual results could differ from those estimates.

Concentrations of Credit Risk

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company generally maintains balances in various operating accounts at financial institutions that management believes to be of high credit quality, in amounts that may exceed federally insured limits. The Company has not experienced any losses related to its cash and cash equivalents and does not believe that it is subject to unusual credit risk beyond the normal credit risk associated with commercial banking relationships. At June 30, 2024 and 2023, all of the Company’s cash and cash equivalents were held at accredited financial institutions. As of June 30, 2024, the Company had $0 in excess of insured amounts at financial institutions.

The Company’s subsidiary, Innovative Design Networks, has two clients with outstanding unpaid accounts representing a total of 57% and 43% of the accounts receivable balance at June 30, 2024. The RedGear subsidiary has two clients with outstanding unpaid accounts representing a total of 39% and 14% of its total receivables as of June 30, 2024.

Cash Equivalents

The Company considers all highly liquid investments with a maturity of year or less when purchased to be cash equivalents. There were no cash equivalents for the at June 30, 2024 or December 31, 2023.

Reclassifications

Certain reclassifications have been made to the prior period financial information to conform to the presentation used in the financial statements for the six months ended June 30, 2024. These reclassifications did not have any effect on the results of operations.

Accounts Receivable

Trade receivables are recorded at net realizable value consisting of the carrying amount less the allowance for credit losses. Factors used to establish an allowance include the credit quality of the customer and other factors. The Company may also use the direct write-off method to account for uncollectible accounts that are not received. Using the direct write-off method, trade receivable balances are written off to bad debt expense when an account balance is deemed to be uncollectible. The Company maintains an allowance for credit losses primarily for estimated losses resulting from the inability or failure of individual customers to make required payments. The Company maintains an allowance under Accounting Standards Codification (“ASC”) 326 based on historical losses, changes in payment history, customer-specific information, current economic conditions, and reasonable and supportable forecasts of future economic conditions. The allowance under ASC 326 is updated as additional losses are incurred or information becomes available related to the customer or economic conditions. As of June 30, 2024, the calculated and recognized allowance for credit losses was $1,100.

Deferred Financing Costs

Any unamortized deferred financing costs related to the Company borrowings are presented in the consolidated balance sheets as a direct deduction from the related debt. As of June 30, 2024, there are no unamortized deferred financing fees recognized. Amortization of such costs is reported as interest and financing costs included in the consolidated statement of operations.

Inventory

Inventory is stated at the lower of cost and net realizable value on a first-in, first-out basis. Cost is principally determined using the last-in, first-out (LIFO) method. The Company periodically assesses if any of the inventory has expired or if the value has fallen below cost. When this occurs, the Company recognizes an expense for inventory write down. Total inventories at June 30, 2024 and December 31, 2023 were $0 and $0, respectively.

Property and Equipment

Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation of property and equipment is calculated using the straight-line method over the estimated useful lives of the assets, which range from three to seven years. Leasehold improvements are amortized over the lesser of the remaining term of the lease or the estimated useful life of the asset. Expenditures for repairs and maintenance are expensed as incurred.

Net Loss Per Share

Basic loss per share is calculated by dividing the loss attributable to stockholders by the weighted-average number of shares outstanding for the period. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that shared in the earnings (loss) of the Company. Diluted loss per share is computed by dividing the loss available to stockholders by the weighted average number of shares outstanding for the period and dilutive potential shares outstanding unless such dilutive potential shares would result in anti-dilution. The total potentially dilutive shares calculated is 7,917,636,129 at June 30, 2024. As of June 30, 2024: there are obligations to issue Series A Preferred Stock which are convertible into 1,020,062,029 shares of common stock; the Series A Preferred shares outstanding convertible into 699,082,277 of common shares; the Series C Preferred shares outstanding may convert into 2,446,420,970 common shares; the Series D Preferred shares outstanding may convert into 49,926,959 common shares; the Company is obligated to issue a new series of preferred stock will be convertible into 1,050,000 shares of common stock; the warrants outstanding my convert into 336,696,913 common shares; and there are 3,363,333,333 potentially dilutive shares arising from the conversion value of the convertible notes payable. Options outstanding may be exercised into 611,214 common shares. It should be noted that contractually the limitations on obligation to convertible notes, the various preferred series and warrant holders that limit the number of shares converted to either 4.99% or 9.99% of the then outstanding shares. The Company’s Chairman of the Board of Directors holds a control block of Series A Preferred Stock which confers upon him a majority vote in all Company matters including authorization of additional common shares or to reverse split the stock. As of June 30, 2024, and 2023, potentially dilutive securities consisted of the following:

Schedule of anti dilutive shares
	June 30, 2024		June 30, 2023
Series A Preferred Stock Payable		1,020,062,029		1,020,062,029
Series A Preferred Stock outstanding		699,082,277		699,082,277
Series C Preferred Stock outstanding		2,446,420,970		2,446,420,970
Series D Preferred Stock outstanding		49,926,959		49,926,959
New Series of Preferred to be issued		1,050,000		-
Warrants		336,696,913		-
Third party convertible debt		3,363,333,333		169,129,324
Common shares to be issued		3,452,434		64,480,763
Common stock options		611,214		-
Total		7,917,636,129		4,449,102,322

Stock-based Compensation

In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting. ASU 2018-07 allows companies to account for non-employee awards in the same manner as employee awards. The guidance is effective for fiscal years beginning after December 15, 2018, and interim periods within those annual periods. We adopted this ASU on January 1, 2019. The adoption of ASU 2018-07 did not have a material impact on our consolidated financial statements.

Convertible Notes with Fixed Rate Conversion Options

The Company may enter into convertible notes, some of which contain, predominantly, fixed rate conversion features, whereby the outstanding principal and accrued interest may be converted by the holder, into common shares at a fixed rate to the market price of the common stock at the time of conversion. This results in a fair value of the convertible note being equal to a fixed monetary amount. The Company records the convertible note liability at its fixed monetary amount by measuring and recording a premium, as applicable, on the Note date with a charge to interest expense in accordance with ASC 480 - “Distinguishing Liabilities from Equity”.

Derivative Financial Instruments

The Company evaluates its convertible notes to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date using a binomial model, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses a weighted-average Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period.

Fair Value Measurements

The Company follows the FASB Fair Value Measurements standard, as they apply to its financial instruments. This standard defines fair value, outlines a framework for measuring fair value, and details the required disclosures about fair value measurements.

Fair value is defined as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The standard establishes a hierarchy in determining the fair value of an asset or liability. The fair value hierarchy has three levels of inputs, both observable and unobservable. Level 1 inputs include quoted market prices for identical assets or liabilities in an active market that the Company has the ability to access at the measurement date. Level 2 inputs are market data, other than Level 1, that are observable either directly or indirectly. Level 2 inputs include quoted market prices for similar assets or liabilities, quoted market prices in an inactive market, and other observable information that can be corroborated by market data. Level 3 inputs are unobservable and corroborated by little or no market data. The standard requires the utilization of the lowest possible level of input to determine fair value and carrying amounts of current liabilities approximate fair value due to their short-term nature.

The estimated fair value of certain financial instruments, including cash and cash equivalents, accounts receivable, accounts payable and accrued expenses are carried at historical cost basis, which approximates their fair values because of the short-term nature of these instruments.

The Company’s non-financial assets, such as property and equipment, are adjusted to fair value only when an impairment is recognized. Such fair value measurements are based predominantly on Level 3 inputs.

Level 1: Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2: Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable, either directly or indirectly.

Level 2 inputs include quoted prices for similar assets, quoted prices in markets that are not considered to be active, and observable inputs other than quoted prices such as interest rates.

Level 3: Level 3 inputs are unobservable inputs.

The following required disclosure of the estimated fair value of financial instruments has been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop the estimates of fair value. Accordingly, the use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts.

The methods and assumptions used to estimate the fair values of each class of financial instruments are as follows: Cash and Cash Equivalents, Accounts Receivable, and Accounts Payable. The items are generally short-term in nature, and accordingly, the carrying amounts reported on the consolidated balance sheets are reasonable approximations of their fair values.

The carrying amounts of notes payable approximate the fair value as the notes bear interest rates that are consistent with current market rates.

The table below classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of June 30, 2024 and December 31, 2023.


	At June 30, 2024						At December 31, 2023
Description	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Derivative Liability		-		-	$	22,489,505		-		-	$	14,637,055

A roll-forward of the level 3 valuation financial instruments is as follows


	Derivative Liabilities
Balance at December 31, 2023	$	14,637,055
Charged to derivative expense upon issuance of related note		16,216,270
Classified as initial debt discount upon issuance of related note		540,000
Fair Value adjustments - convertible notes		(9,418,088	)
Balance at March 31, 2024		21,975,237
Charged to derivative expense upon issuance of related note		4,108,674
Classified as initial debt discount upon issuance of related note		123,715
Fair value adjustments – convertible notes		(3,718,424	)
Balance at June 30, 2024	$	22,489,505

A summary of quantitative information about significant unobservable inputs (Level 3 inputs) used in measuring the Company’s derivative liability that are categorized within Level 3 of the fair value hierarchy for the year ended June 30, 2024 is as follows:

Schedule of derivative liabilities
Inputs	June 30, 2024
Stock price	$	0.0053
Conversion price (note below)	$	0.0003
Volatility (annual)		316	%
Risk-free rate		5.18	%
Dividend rate		-

$179,921 was charged to loss on conversion of liability due to conversion of accrued interest and related expenses for the issuance of common stock during the six months ended June 30, 2024. The charge was credited to additional paid in capital.

An additional $475,838 was charged to derivative expense upon issuance of 191,272,727 warrants to an investor, during the six months ended June 30, 2024. This charge to derivative expense was credited to additional paid in capital.

Note - The current conversion prices are fixed for 94% of the principal of the convertible notes until market prices fall below $0.0003. These fixed conversion price notes amounted to $1,204,000, and variable conversion price notes amounted to $80,000 at June 30, 2024.

Income Taxes

Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to tax net operating loss carryforwards. The deferred tax assets and liabilities represent the future tax return consequences of these differences, which will either be taxable or deductible when assets and liabilities are recovered or settled, as well as operating loss carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is established against deferred tax assets when in the judgment of management, it is more likely than not that such deferred tax assets will not become available. Because the judgment about the level of future taxable income is dependent to a great extent on matters that may, at least in part, be beyond the Company’s control, it is at least reasonably possible that management’s judgment about the need for a valuation allowance for deferred taxes could change in the near term.

Tax benefits are recognized only for tax positions that are more likely than not to be sustained upon examination by tax authorities. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely to be realized upon settlement. A liability for “unrecognized tax benefits” is recorded for any tax benefits claimed in the Company’s tax returns that do not meet these recognition and measurement standards. As of June 30, 2024 and December 31, 2023, no liability for unrecognized tax benefits was required to be reported.

Revenue recognition

The Company adopted Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers, and its related amendments (collectively known as “ASC 606”), effective January 1, 2018. The Company determines revenue recognition through the following steps:

Identification of a contract 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 the performance obligations are satisfied.

For the six months ended June 30, 2024 and the year ended December 31, 2023, the Company deferred revenue of $17,912 and $68,618, respectively. The deferral of revenue is based on management’s determination that services or goods have not been provided to the customers as of the reporting date and therefore the revenue is unearned.

The Company and its wholly owned subsidiaries (“Operating Companies”) are not selling or leasing software to customers. The operating companies provide managed IT services (managing customers networks including security, support user needs and network infrastructure), and installation (cabling and network hardware and third-party software set up). Agreements such as the Master Consulting Services Agreement are entered into by the operating companies and their clients. These agreements provide the general terms of service and the legal matters essential to the agreement. The agreements are supplemented by Statements of Work (SOW) which spell specific services and any hardware to be provided. Invoices are prepared based on the terms of the SOW either monthly for services to be rendered for the coming month or based on installation progress estimates, collectively the billings are based on performance obligations. Revenue from invoiced billings is recognized when performance obligations are satisfied through the transfer of control of promised goods to the Company’s customers in an amount that reflects the consideration expected to be received in exchange for transferring goods or services to customers. Control transfers once a customer has the ability to direct the use of, and obtain substantially all of the benefits from, the product. This includes the transfer of legal title, physical possession, the risks and rewards of ownership, and customer acceptance.

It is management’s practice to only invoice for services and goods to be provided within the coming month. While services may not be fully transferred the client is in fact obligated to pay the invoiced amount unless the contract is terminated with prior notice.

The Company manages its operating income on a regional basis at the present time. Revenue recognized for the Northeast region was $1,805,220, and $1,605,882 for the Southeast region for the three months ended June 30, 2024.

Advertising Costs

Advertising costs are expensed as incurred and are included in General and Administrative expenses. The Company expensed less than $1,000 for advertising and marketing during the six months ended June 30, 2024.

Deferred Offering Costs

The Company complies with the requirements of Accounting Standards Codification (“ASC”) 340, Other Assets and Deferred Costs, with regards to offering costs. Prior to the completion of an offering, offering costs are capitalized. The deferred offering costs are charged to additional paid-in capital or as a discount to debt, as applicable, upon the completion of an offering or to expense if the offering is not completed.

Stock-Based Compensation

The Company accounts for stock-based compensation costs under the provisions of ASC 718, Compensation — Stock Compensation, which requires the measurement and recognition of compensation expense related to the fair value of stock-based compensation awards that are ultimately expected to vest. Stock based compensation expense recognized includes the compensation cost for all stock-based payments granted to employees, officers, and directors based on the grant date fair value estimated in accordance with the provisions of ASC 718. ASC 718 is also applied to awards modified, repurchased, or cancelled during the periods reported. Stock-based compensation is recognized as an expense over the employee’s requisite vesting period and over the nonemployee’s period of providing goods or services. In accordance with ASU No. 2018-07, Compensation – Stock Compensation (Topic 718), Improvements to Nonemployee Share-Based Payment Accounting share-based payment transactions for acquiring goods and services from nonemployees are included. Consistent with the accounting requirement for employee share-based payment awards, nonemployee share-based payment awards within the scope of Topic 718 are measured at grant-date fair value of the equity instruments that an entity is obligated to issue when the good has been delivered or the service has been rendered and any other conditions necessary to earn the right to benefit from the instruments have been satisfied.

Business Combinations

In accordance with ASC 805-10, “Business Combinations”, we account for all business combinations using the acquisition method of accounting. Under this method, assets and liabilities, including any remaining non-controlling interests, are recognized at fair value at the date of acquisition. The excess of the purchase price over the fair value of assets acquired, net of liabilities assumed, and non-controlling interests is recognized as goodwill. Certain adjustments to the assessed fair values of the assets, liabilities, or non-controlling interests made subsequent to the acquisition date, but within the measurement period, which is up to one year, are recorded as adjustments to goodwill. Any adjustments subsequent to the measurement period are recorded in income. Any cost or equity method interest that we hold in the acquired company prior to the acquisition is re-measured to fair value at acquisition with a resulting gain or loss recognized in income for the difference between fair value and the existing book value. Results of operations of the acquired entity are included in our results from the date of the acquisition onward and include amortization expense arising from acquired tangible and intangible assets.

Related Party Transactions

The Company follows FASB ASC subtopic 850-10, “Related Party Transactions”, for the identification of related parties and disclosure of related party transactions.

Pursuant to ASC 850-10-20, related parties include: a) our affiliates; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit sharing trusts that are managed by or under the trusteeship of management; d) our principal owners; e) our management; f) other parties with which we may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.

Material related party transactions are required to be disclosed in the consolidated financial statements, other than compensation arrangements, expense allowances, and other similar items in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated or combined financial statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which statements of operation are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements; c) the dollar amounts of transactions for each of the periods for which statements of operations are presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amounts due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of settlement

Lease Accounting

In February 2016, the FASB issued ASU No. 2016-02, Leases, which requires lessees to report on their balance sheets a right-of-use asset and a lease liability in connection with most lease agreements classified as operating leases under the prior guidance (ASC Topic 840). Under the new guidance, codified as ASC Topic 842, the lease liability must be measured initially based on the present value of future lease payments, subject to certain conditions. The right-of-use asset must be measured initially based on the amount of the liability, plus certain initial direct costs. The new guidance further requires that leases be classified at inception as either (a) operating leases or (b) finance leases. For operating leases, periodic expense generally is flat (straight-line) throughout the life of the lease. For finance leases, periodic expense declines over the life of the lease. The new standard, as amended, provides an option for entities to use the cumulative-effect transition method. As permitted, the Company adopted ASC Topic 842 effective June 1, 2020. The adoption of ASC Topic 842 did not have a material impact on the Company’s consolidated financial statements.

The Company’s subsidiaries have recognized the Right of Use assets and related liabilities for leases and sublease for the office facilities in New Jersey, Texas and Arizona during the years ended December 31, 2023 and 2022, and following the acquisitions are accounted for under ASC 842. The corporate office is an informal arrangement which provides for office space in a shared office environment with a company controlled by the CEO and has not been charged for the office space during the periods ended June 30, 2024 and December 31, 2023. During the six months ended June 30, 2024 and year ended December 31, 2023, the Company recognized lease liabilities of $438,022 (June, 2024) and $518,920 (December 2023), respectfully, and the related right-of-use asset for the same amounts, and will amortize both over the life of the lease.

Recently Adopted Accounting Pronouncements

The Company has reviewed the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) accounting pronouncements and interpretations thereof that have effectiveness dates during the periods reported and in future periods. We have carefully considered the new pronouncements that alter previous generally accepted accounting principles and do not believe that any new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of the Company’s financial management.

In November 2023, the FASB issued ASU 2023-07, “Segment Reporting: Improvements to Reportable Segment Disclosures” (“ASU 2023-07”). ASU 2023-07 modifies the reportable segment disclosure requirements, primarily by requiring enhanced disclosures about significant segment expenses. In addition, ASU 2023-07: (i) enhances interim disclosure requirements, (ii) clarifies the circumstances in which an entity can disclose multiple measures of a segment’s profit or loss, (iii) provides new segment disclosure requirements for public entities with a single reportable segment, and (iv) requires that a public entity disclose the title and position of the chief operating decision maker (“CODM”) and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The amendments in ASU 2023-07 are to be applied retrospectively to all prior periods presented in the financial statements

In March 2022, the FASB issued ASU 2022-02, “Financial Instruments - Credit Losses (Topic 326)”, which is intended to address issues identified during the post-implementation review of ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”. The amendment, among other things, eliminates the accounting guidance for troubled debt restructurings by creditors in Subtopic 310-40, “Receivables - Troubled Debt Restructurings by Creditors”, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. The new guidance is effective for interim and annual periods beginning after December 15, 2022. This adoption did not have a material effect to the Company.

In August 2020, FASB issued ASU 2020-06, Accounting for Convertible Instruments and Contracts in an Entity; Own Equity (“ASU 2020-06”), as part of its overall simplification initiative to reduce costs and complexity of applying accounting standards while maintaining or improving the usefulness of the information provided to users of financial statements. Among other changes, the new guidance removes from GAAP separation models for convertible debt that require the convertible debt to be separated into a debt and equity component, unless the conversion feature is required to be bifurcated and accounted for as a derivative or the debt is issued at a substantial premium. As a result, after adopting the guidance, entities will no longer separately present such embedded conversion features in equity, and will instead account for the convertible debt wholly as debt. The new guidance also requires use of the “if-converted” method when calculating the dilutive impact of convertible debt on earnings per share, which is consistent with the Company’s current accounting treatment under the current guidance. The guidance is effective for financial statements issued for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years, with early adoption permitted, but only at the beginning of the fiscal year. The Company adopted ASU 2020-06 on February 13, 2020 and the adoption did not have any impact on its financial statements.

Management does not believe that any other recently issued accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, the Company will adopt those that are applicable under the circumstances.

NOTE 4 – PROPERTY & EQUIPMENT

Property and Equipment are first recorded at cost. Depreciation is computed using the straight-line method over the estimated useful lives of the various classes of assets as follows between three and five years.

Long lived assets, including property and equipment, to be held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. Impairment losses are recognized if expected future cash flows of the related assets are less than their carrying values. Measurement of an impairment loss is based on the fair value of the asset. Long-lived assets to be disposed of are reported at the lower of carrying amount or fair value less cost to sell.

Maintenance and repair expenses, as incurred, are charged to expense. Betterments and renewals are capitalized in plant and equipment accounts. Cost and accumulated depreciation applicable to items replaced or retired are eliminated from the related accounts with any gain or loss on the disposition included as income.

Property and equipment stated at cost, less accumulated depreciation consisted of the following:

Schedule of property and equipment
	June 30, 2024			December 31, 2023
Property and equipment	$	1,055,256		$	1,050,369
Less: accumulated depreciation		(649,787	)		(604,672	)
Property and equipment, net	$	405,469		$	445,697

Property and equipment consisted of vehicles, leasehold improvements and computers and other network technology equipment, primarily located in the RedGear office facilities. For the three months ended June 30, 2024, the Depreciation Expense was $19,285.

NOTE 5 – GOODWILL

The Company acquired the operations, assets and liabilities of Innovative Network Designs, LLC during the year ended December 31, 2022. The Company recognized goodwill of $5,363,173. The Company reduced its goodwill by $4,136,746, with a charge to operating expenses, based on the results annual impairment tests. It was determined that the present value of expected future earnings were less than the carrying value of the goodwill. During the year ended December 31, 2023, the Company acquired the operations, assets and liabilities or RedGear, LLC and recognized goodwill of $2,117,502. During the three months ending March 31, 2024, the Company determined that the expected future earnings of RedGear, LLC were significantly less than the carrying value of the goodwill and recognized a loss of $2,117,502. Goodwill assets are compared to its fair value at least annually (“impairment test”). The Company follows ASC 350 20 – Goodwill.

Membership Interest Purchase Agreement

Innovative Network Designs, LLC

The Company entered into a Membership Interest Purchase Agreement on August 1, 2022 with Innovative Network Designs, LLC, a New Jersey limited liability company and acquired 100% of the member’s interest of Innovative Network Designs, LLC, in exchange for cash, notes payable, commitment to purchase universal life insurance policies for the two principals and 500,000 restricted shares of the Company’s common stock. The transaction was deemed to be a business combination, and the Company applied acquisition accounting under ASC 805. Upon closing (September 2, 2022) the total value of the consideration given for the purchase was $6,018,193. Included in the purchase consideration: is the commitment to pay universal life insurance policies for a total cash value of $3,150,000 over seven years ($382,500 annually), which the Company anticipates will be financed by a third party; a term promissory note (24 months with a ballon payment at maturity); a promissory note secured by a second priority lien on all the Company’s membership interests and other defined assets (amortizable); and 500,000 shares of the Company’s common stock, valued at $1.00 per share (the offering price of the Company’s regulation A offering documents). The purchase price was allocated to net tangible assets of $655,020 with the balance of $5,363,173 allocated to goodwill, which is not amortized to expense (see note 5). During the year ended December 31, 2023 a charge of $4,136,746 was taken reducing goodwill to $1,226,427. The assets and liabilities (with the exception of the lease related items) are short term and therefore book value approximates the fair value. Management believes that there is significant value in the customer list and the trade name, but has not done separate valuation analysis. The Company does not believe there are any material variations between separately valued intangible assets compared to current goodwill value would be determinable under separate valuations of the intangible assets. An impairment analysis will consider each potential subcomponent (customer list, workforce in place etc.) of the Goodwill recorded in accordance with the relevant accounting standards at least annually and more frequently should there be any financial or economic issues suggesting an impairment.

Assets Acquired and Liabilities Assumed


Assets Acquired	Fair Value
Cash	$	613,077
Accounts Receivable		217,816
Prepaid Expenses		62,706
Right of Use Asset		109,456
Total Assets	$	1,003,055
Liabilities Assumed
Accounts Payable	$	49,936
Accrued Expenses		118,521
Sales Tax Payable		70,122
Lease Liabilities		109,457
Total Liabilities	$	348,036

Consideration Value
Cash	$	325,000
Convertible Note		1,175,000
Universal Life Insurance Commitment		3,150,000
Promissory Note		868,193
Common Stock		500,000
Total Purchase Price		6,018,193
Less, net asset value		655,020
Less impairment charge - 2023		(4,136,746	)
Value of intangible assets	$	1,226,427

Acquisition – Red Gear LLC

The Company entered into a Membership Interest Purchase Agreement on September 29, 2023 with RedGear, LLC, a Texas limited liability company and acquired 100% of the member’s interest of RedGear, LLC, in exchange for cash, a note payable and the assumption of certain liabilities of RedGear, LLC. The transaction was deemed to be a business combination and the Company applied acquisition accounting under ASC 805. Upon closing on October 2, 2023, the total value of the consideration (including assumed SBA loans and other net liabilities) given for the purchase was $2,038,809. The purchase price was allocated to net liabilities of $344,307 with the balance of $2,540,502 allocated to goodwill, which is not amortized to expense. The Company hired an independent accounting firm to validate the Adjusted EBITDA (as defined in the closing documents). The results of the validation resulted in a purchase price adjustment of $525,526 (reflected in the table below). The fair value of certain assets and liabilities may result in an adjustment to the carrying value of the investment in RedGear, LLC. Management believes that there is significant value in the customer list and the trade name but has not done separate valuation analysis. The Company does not believe any material variances would be present in the classification of differing types of indefinite-lived intangible assets versus the goodwill recorded within the financial statements of RedGear. An impairment analysis will consider each potential subcomponent (customer list, workforce in place etc.) of the Goodwill recorded in accordance with the relevant accounting standards at least annually and more frequently should there be any financial or economic issues suggesting an impairment.

Asset Acquisition – Singer Networks, LLC

On April 8, 2024, ReachOut Technology acquired the majority of the assets of Singer Networks, LLC in exchange for $121,413 in cash, and restricted shares (new series of convertible preferred stock). The shares to be issued are valued based on the as-converted number of common shares at the then current market value (solely determined by market price at the time of transaction) or $7,088. There were three vehicles acquired with an assessed aggregate value of $7,500, The network technology business was acquired to expand market share in the Midwest region. The transaction was deemed to be an asset acquisition which is consistent with the asset purchase agreement. The difference between the total consideration paid and the value of the tangible assets of $121,001 was charged to customer list acquired.

Following the closing of the transaction, ReachOut began servicing the clients through its wholly owned subsidiary Innovative Network Design (“IND”), using former employees of Singer as well as resources controlled by IND. Former employees of Singer were offered employment with IND under its terms (as per the agreement). No liabilities of any form were assumed as per the Asset Purchase Agreement and Singer is obligated for any compensation or employment benefits owed and accruing under its tenure for all employees. The seller entered into a 6-month contractual Transition Services Agreement without management responsibilities.

Due to the clarity of the Asset Purchase Agreements language regarding termination of Singer’s management control, employees, rights to client services and IND’s control over all staff service providers, the purchase is treated as an asset purchase and not a business combination.

NOTE 6 – BANK NOTES AND LOANS

The Company has an SBA loan with monthly payments that matures on March 13, 2026. The balance due on this loan as of December 31, 2023, is $589,092. As of July 31, 2023, the interest rate on this loan has increased to 10.25% from its original 5.25%. The debt was forgiven by the lender during the six months ended June 30, 2024, a gain on debt extinguishment was recognized for carrying value of the accrued interest and principal.

The Company has a line of credit requiring monthly payments. On December 24, 2021, $106,201 from a CD was applied to the Line of Credit balance. On April 5, 2023, a property pledged as collateral by David Yuengling was taken over by Mid Penn Bank. The property’s appraised value of $204,360 was applied to the principal of the Line of Credit and recognized as additional paid in capital. The balance due on this loan as of December 31, 2023, is $489,439. As of July 31, 2023, the interest rate on this loan has increased to 9.5% from its original 4.25%. The debt was forgiven by the lender during the six months ended June 30, 2024, a gain on debt extinguishment was recognized for carrying value of the accrued interest and principal.

NOTE 7 – SELLERS’ TERM AND SECURED NOTES PAYABLE

On October 1, 2022 the Company’s subsidiary ReachOut issued a term promissory note to the sellers of the membership interest in Innovative Network Designs LLC. Under the option selected by the holder of the note, a ballon payment of principal is due on October 1, 2024. The note principal is $1,175,000 bears interest at 24%, matures on October 1, 2024. The principal $1,175,000 and accrued interest at June 30, 2024 is $492,148. This term note is excluded from the table below.

On October 1, 2022 the Company issued a secured promissory note to the sellers of the membership interest in Innovative Network Designs LLC. The original (as adjusted for purchase contingencies) note principal was $868,193 bears interest at 7%, matures on April 2, 2025. The note amortizes over the term with the first principal payment of $96,466 due on April 15, 2023, along with $37,463 of accrued interest. Subsequent quarterly payments of interest and principal begin on July 15, 2023 and continue through maturity. The note is secured by a second priority lien on the membership interest purchased by the Company and certain other assets related to the acquisition. The remaining principal due is $465,618, as of June 30, 2024. Accrued interest is $37,834 as of June 30, 2024.

On September 29, 2023, the Company issued a promissory note to the former members of RedGear, LLC as partial payment for the RedGear acquisition. As of June 30, 2024 the note principal is $789,621, bears interest at 8% and matures on September 27, 2028. Principal was subject to adjustment of $525,526 based on the findings of a third-party accounting firm related to EBITDA reported compared to actual. Accrued interest is approximately $20,100 as of June 30, 2024.

Schedule of promissory notes payable:

Schedule of secured note payable
Period Ended:	Principal
March 31, 2025	$	631,778
March 31, 2026		166,160
March 31, 2027		166,160
March 31, 2028		166,160
January 15, through March 2, 2025		124,981
Totals	$	1,254,879

NOTE 8 – DUE TO OFFICERS

The amount due to officers of $407,225 at June 30, 2024, includes $275,000 of compensation due to senior employees at Innovative Network Designs and RedGear operating companies. The balance of $132,225 is due to the CEO for advances to fund operations. The advances and amounts owed to senior employees carry no interest and no maturity date.

NOTE 9 – DUE TO AND FROM AFFILIATIATED COMPANYS

At June 30, 2024 and December 31, 2023, $1,487,578 and $1,570,253, respectively was due to affiliates. The affiliate in a private corporation controlled by the CEO which has funded operations for the operations since the corporate creation. The advances carry no interest and no maturity date.

NOTE 10 – DUE TO FINANCIAL INSTITUTIONS

The Company has taken loans from financial institutions in the form of sales of future receivables, had outstanding balance of principal (net of unamortized debt discounts) of $1,130,229 and $1,649,134 as of June 30, 2024 and December 31, 2023. Respectively.

The Company, through its wholly owned subsidiary IND, engaged PIPE Technologies Inc. for financing. The financing arrangement was in the form of a sale of future revenues, whereby PIPE advanced a net amount of $613,800 on February 7, 2023, recorded on the books of the Company. On February 1, 2023, the Company recognized $59,520 as principal charged to interest expense related to the financing, also recorded on the books of the Company. The amount of $59,520 was deducted from the proceeds advanced. The total loan principal of $773,320 was recognized. From March 31, to September 30, 2023 the Company made monthly payments of $64,138 or $44,871, from October 31, to December 7, 2023. The total amount paid of $583,578 was applied to principal leaving a balance of $89,743, at June 30, 2024 and December 31, 2023.

The Company arranged a similar financing transaction with Fora Financial for which it received cash of $1,212,500 net of underwriting fees of $37,500 (treated as OID and amortized over the life of the loan). A total of $312,500 of interest charges were charged by the lender. Weekly payments of principal and interest totaling $31,250 were scheduled to be paid beginning March 7, 2023. At December 31, 2023 a total principal of $1,247,294, less unamortized discounts of $177,342 ($1,069,952 net for presentation) have been recognized as due to Fora. During the six months ended June 30, 2024, the debt discount was unamortized balance was $118,444 and the principal balance was $871,819, and the net carrying value is $753,375.

On January 30, 2024, the Company arranged another financing (Future Sale of Receivables) with Fox Funding Group LLC for which it received cash of $287,705 net of underwriting fees of $12,295 (treated as OID and amortized over the life of the loan). A total of $105,000 of interest charges were charged by the lender. Weekly payments of principal and interest totaling $12,625, beginning February 2, 2024. During the six months ended June 30, 2024, total payments of interest and principal were $88,594, the debt discount was unamortized balance was $37,295 and the principal balance was $316,406 and the net carrying value is $279,111.

Choice Financial Group is owed $8,000 under a financial arrangement at June 30, 2024.

There was approximately $489,439 due to Mid Penn Bank under a line of credit, as of December 31, 2023. This financing is subject to a debt forgiveness agreement with Mid Penn which was settled in January 2024. During the six months ended June 30, 2024, the debt was forgiven and the principal and accrued interest amounts were recognized as gain on debt extinguishment.

NOTE 11 – THIRD PARTY NOTES PAYABLE

Schedule of third party notes payable
	June 30, 2024		December 31, 2023
Note principal	$	315,676	$	202,206

The Company has issued various notes to investors to fund operations prior to the reverse merger on November 9, 2023. Below is basic information about each of these legacy financings.

During the year ended December 31, 2023, $17,910 of related party notes payable were reclassified to notes payable (third parties) as the former officer is not a related party. There is no interest due on the note. The principal balance is $17,910, at June 30, 2024.

On September 9, 2015, the Company issued to Backenald Corp. a promissory note in the principal amount of $20,000, bearing interest at the rate of 5% per annum and maturing on the first anniversary of the date of issuance. This note is in default and its interest rate has been increased to 10%. As of June 30, 2024, accrued interest amounted to $16,484.

On February 23, 2017, the Company issued Travel Data Solutions a promissory note in the principal amount of $17,500, bearing interest at the rate of 8% per annum, compounded annually, and maturing on the first anniversary of the date of issuance. This note is in default. As of June 30, 2024, accrued interest amounted to $13,114.

On March 27, 2017, the Company issued Craigstone Ltd. A promissory note in the principal amount of $12,465, bearing interest at the rate of 8% per annum, compounded annually, and maturing on the first anniversary of the date of issuance. This note is in default. As of June 30, 2024, accrued interest amounted to $8,930.

On May 16, 2017, the Company issued Travel Data Solutions a promissory note in the principal amount of $4,500, bearing interest at the rate of 8% per annum, compounded annually, and maturing on the first anniversary of the date of issuance. This note is in default. As of June 30, 2024, accrued interest amounted to $3,145.

On July 28, 2017, the Company issued Backenald Trading Ltd. A promissory note in the principal amount of $20,000, bearing interest at the rate of 8% per annum, compounded annually, and maturing on the first anniversary of the date of issuance. This note is in default. As of June 30, 2024, principal and accrued interest amounted are $20,000 and $13,472, respectively.

On January 24, 2020, the Company issued a third party a promissory note in the principal amount of $15,000, bearing interest at the rate of 10% per annum, and maturing on April 30, 2020. As of June 30, 2024, there is $0 and $1,155, principal and interest, respectively, due on this note.

On March 24, 2020, the Company issued a third party a promissory note in the principal amount of $20,000, bearing interest at the rate of 10% per annum, and maturing on May 30, 2020. As of June 30, 2024, following forgiveness of $5,000 and $6,131 of principal and interest respectively the balance due on this note for principal and interest is $16,500 and $6,075, respectively.

On June 1, 2023, the Company issued a third party a promissory note in the principal amount of $40,675, bearing interest at the rate of 5% per annum, and maturing on June 1, 2024. During the year ending December 31, 2023, an additional $13,000 was advanced to the Company bringing the total principal due to $53,675 as of June 30, 2024.

At June 30, 2024, the Company was also indebted to a third party for a total of $24,656, for a non-interest-bearing note. This note was in default since December 30, 2015.

On May 20, 2024 the Company issued a promissory note to 1800 Diagonal Lending LLC for the principal amount of $149,500. A Company subsidiary received $125,000 in cash and authorized $5,000 to be paid to its attorney for legal services in conjunction with the note. OID of $19,500 and the legal expense are treated as debt discounts amortized over the term of the note, maturing March 30, 2025. The note carries 12% interest and has mandatory monthly payments of principal and accrued interest of $16,744. In event of default, the note and unpaid accrued interest are fully convertible into common stock at a 35% discount to market price as defined in the note. The first payment was made on June 30, 2024. The principal balance and accrued interest were $126,274 and $0, at June 30, 2024.

NOTE 12 – CONVERTIBLE NOTES PAYABLE

Post Reverse Merger Issuances

On November 10, 2023, YCRM issued a convertible note payable, warrants to purchase to the Company’s common stock and Series D Preferred Shares to Trillium Partners, L.P. The convertible note has principal of $470,000, bears interest at 12%, matures on May 31, 2025 and may be converted to common shares at the lower of $0.0003 or 50% of the lowest traded price during the thirty days prior to conversion. $436,000 was received as cash and $34,000 was charged to OID to be amortized over the term of the note. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $1,842,315, $1,406,315 was charged to loss on issuance (derivative expense) and $436,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $470,000 and $27,968, respectively.

On December 1, 2023, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $15,000, bears interest at 12%, matures on August 31, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. The note was determined to include an embedded derivative which has been bifurcated and included in derivative liabilities. At June 30, 2024 the principal and accrued interest are $15,000 and $1,045, respectively.

On January 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $15,000, bears interest at 12%, matures on September 30, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $37,012, $22,012 was charged to loss on issuance (derivative expense) and $15,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $15,000 and $898, respectively.

On January 11, 2024, YCRM issued a convertible note payable and 163,333,333 warrants (exercisable at $0.001) to purchase to the Company’s common to Trillium Partners, L.P. The convertible note has principal of $539,000, bears interest at 12%, matures on May 31, 2025 and may be converted to common shares at the lower of $0.001 or 50% of the lowest traded price during the thirty days prior to conversion. $490,000 was received as cash and $49,000 was charged to OID to be amortized over the term of the note. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $17,626,408, and was charged to loss on issuance (derivative expense) and $490,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $539,000 and $30,202, respectively.

On February 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on October 31, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $35,340, $25,340 was charged to loss on issuance (derivative expense) and $10,000 was charged to debt discount to be amortized over the term of the note At June 30, 2024 the principal and accrued interest are $10,000 and $493, respectively.

On March 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on November 30, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $20,180, $10,180 was charged to loss on issuance (derivative expense) and $10,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $10,000 and $398, respectively.

On April 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on December 31, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. At June 30, 2024 the principal and accrued interest are $10,000 and $296, respectively.

On April 3, 2024, YCRM issued a convertible note payable and warrants to purchase to the Company’s common stock to Trillium Partners, L.P. The convertible note has principal of $135,000, bears interest at 12%, matures on June 15, 2025 and may be converted to common shares at the lower of $0.0003 or 50% of the lowest traded price during the thirty days prior to conversion. The warrants allow the holder to purchase 18,939,394 shares of common stock for $0.0003 (subject to certain specified adjustments) for a period of seven years from the date of issuance. At June 30, 2024 the principal and accrued interest are $135,000 and $3,906, respectively.

On May 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on January 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. At June 30, 2024 the principal and accrued interest are $10,000 and $197, respectively.

On May 31, 2024, YCRM issued a convertible note payable and warrants to purchase to the Company’s common stock to Trillium Partners, L.P. The convertible note has principal of $60,000, bears interest at 12%, matures on June 15, 2025 and may be converted to common shares at the lower of $0.0003 or 50% of the lowest traded price during the thirty days prior to conversion. The warrants allow the holder to purchase 9,000,000 shares of common stock for $0.0066 (subject to certain specified adjustments) for a period of seven years from the date of issuance. At June 30, 2024 the principal and accrued interest are $60,000 and $592, respectively.

On June 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on February 28, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. At June 30, 2024 the principal and accrued interest are $10,000 and $95, respectively.

NOTE 13 – SMALL BUSINESS LOANS PAYABLE

The Company’s subsidiary ReachOut Technology Corporation assumed two SBA notes payable originally issued by RedGear, as part of the acquisition. The first note was issued May 26, 2020 for $150,000, matures in thirty years and bears interest at 3.75%. The note principal and accrued interest at December 31, 2023 are $150,000 and $20,250, respectively. The second note was issued November 22, 2021, for $273,500, matures in thirty years and bears interest at 3.75%. Payments have commenced for monthly interest: however, the principal remains outstanding at June 30, 2024, and accrued interest is $41,257.

NOTE 14 – OFFICER LIFE INSURANCE PREMIUMS PAYABLE

On October 1, 2022, the Company committed to paying life insurance with the sellers of the membership interest in Innovative Network Designs LLC. The total amount of the liability was $3,150,000 to be paid in equal installments of $450,000 over seven years. The current portion due is $450,000 and the non-current portion due is $2,250,000, as of June 30, 2024.

Schedule of life Insurance Payable
Year Ended December 31:	Insurance Premiums Due
2024		450,000
2025		450,000
2026		450,000
2027 - 2029		1,350,000
Total	$	2,700,000

NOTE 15 – RELATED PARTY TRANSACTIONS

In February 2020, ReachOut recorded stock compensation expense of $110,000 for the accrual of the founder’s stock issuances with a corresponding entry to loan payable, related party. The loan payable, related party balance was reduced to $0 upon the issuance of the 1,000,000 shares of Series A convertible preferred stock and 10,000,000 shares of common stock issued to the founder. During 2020, 66,669 Restricted Stock Units (“RSUs”) were issued to the CEO (and Chairman of the Board) for compensation. The RSUs fully vest over one year of the issuance date and are fully vested as of December 31, 2022. On October 30, 2023 an additional 11,000,000 common shares were issued to the CEO.

During the years ended December 31, 2022 and 2021, the Company’s CEO advanced the Company funds for operating expenses. At June 30, 2024 and December 31, 2023, the outstanding balances owed were $132,225 and $132,225, respectively and is presented as Due to Officers. No interest is due on this informal arrangement.

During the years ended December 31, 2023 and 2022, an entity controlled by the CEO advanced (net of repayments) the Company $887,854 and $619,399, respectively. During the six months ended June 30, 2024, the Company repaid $82,675, net of advances. The Company used the funds to pay various operating expenses. The balance due is $1,487,578 at June 30, 2024 and is included in due to affiliated companies as presented on the balance sheet.

During the year ended December 31, 2022, the Company issued notes to former owners of the membership interest in Innovative Network Designs, LLC (now ReachOut IND) and committed to purchase universal life insurance for officers of ReachOut IND. The notes issued were a term promissory note for $1,175,000 and an amortizing promissory note for $868,193, the commitment to purchase life insurance totaled $3,150,000. At June 30, 2024, the term note, amortizing note and liability for the life insurance are $1,175,000, $465,618 and $2,700,000, respectively.

During the year ended December 31, 2023, the Company issued notes totaling $1,314,787 to the former owners of the membership interest in RedGear, LLC and paid cash of $1,249,248. Following the contractual terms of the purchase agreement the note principal was reduced to $789,261 as of June 30, 2024 and December 31, 2023.

Compensation due to former officers of RedGear amounts to $275,000 and $137,500, respectively at June 30, 2024 and December 31, 2023.

RedGear is obligated under office leases to a company controlled by the former owners of the RedGear membership interests. The office space is in two locations in the city of El Paso, Texas and covers approximately 10,000 square feet in total. The liability as calculated for the right to use asset (under ASC 842) was $406,015, which is included in the lease amounts for June 30, 2024 and December 31, 2023 in note 18.

The Company and the former principle of ReachOut IND entered into an employment agreement. The former head of ReachOut IND is named as Regional Vice President of Northeast (the Executive) at an annual salary of $250,000, plus incentive compensation with a target bonus of 10% of salary and an equity incentive of up to $1,400,000, value of Restricted Stock Units vesting ratably over seven years. The Executive is also given an annual expense stipend of $5,000, eligibility for employee benefits and specified paid leave. The initial term of the agreement is 24 months.

On May 3, 2024, the employment agreement with the former principle of ReachOut IND has been amended in accordance with the terms of the employment agreement. The amendment takes effect on May 16, 2023, and reduces annual compensation to $125,000, and alters the responsibilities of his management role.

On January 14, 2023, the Company granted 30 million restricted common shares to Robert C. Bohorad. The Company signed a letter of intent with Mr. Bohorad on October 26, 2022, where Mr. Bohorad will become Chief Operating Officer and Chief Financial Officer. The purpose of the issuance is to retain and incentivize the individual in their efforts to manage the Company and foster its success. The shares were valued at $0.006, the closing stock price on the date of grant, for total non-cash compensation of $180,000. The amount was to be recognized over a one-year period. On September 15, 2023, Robert C. Bohorad returned the 30 million restricted common shares to the Company.

During the year ended December 31, 2023 and 2022, the Company paid Robert C. Bohorad, President and CEO, $7,000 and $22,000 for compensation, respectively. During the year ended December 31, 2023, Mr. Bohorad forgave $53,000 of accrued compensation and the balance of $30,000, was paid by June 30, 2024. Mr. Bohorad was paid $15,000 through June 30, 2024 of which $5,000 is recognized as accrued expense.

NOTE 16 – TEMPORARY EQUITY

Commitment to Purchase Series A Convertible Preferred Stock

On January 18, 2019, The Company entered into a Series A Preferred Stock Purchase Agreement with Device Corp. (“the Agreement”), of up to $250,000. On May 1, 2023, a second stock purchase agreement was executed by Device Corp. for $250,000. Under the terms of the Agreement the Series A Preferred Stock is Convertible into shares of common stock at a 50% discount to the lowest close price of the common stock for the prior thirty trading days. Under the Agreement Device Corp. has advanced the Company approximately $562,000, of which approximately $170,000 had been repaid by October 31, 2022, leaving a balance due of $392,000.

As of June 30, 2024, the Company has preferred stock to be issued in the amount of $357,022, following conversions to 50,000,000 common shares. Based on the terms of the Agreement as of June 30, 2024, the preferred Series A can be converted at $0.00035 per share, into 1,020,062,029 shares of common stock. As of the balance sheet date and the date of this report, these shares have not been issued to the Purchaser. S99-3A(2) ASR 268 requires preferred securities that are redeemable for cash or other assets to be classified outside of permanent equity if they are redeemable (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder, or (3) upon the occurrence of an event that is not solely within the control of the issuer. Given that there is an unknown number of preferred shares to be issued and the preferred shares are convertible at the option of the holder, the Company determined that the shares to be issued shall be treated as temporary equity.

On January 26, 2024, Everett Dickson (former CEO and Chairman of the Board of Directors) acquired the preferred series A shares formerly held by Device Corp.

Series B Preferred Stock

On August 25, 2023, the Company Amended its Articles of Incorporation, to designate 5,000,000 of the Authorized preferred stock, par value $0.0001, as Series B Preferred Stock (“Series B”). The Series B is convertible into shares of common stock at the average price of the previous five trading days. The Series B shares are not entitled to dividends and have no voting rights.

Following the amendment above the Series B preferred stock is convertible into shares of common stock at the option of the holder at a 50% discount to the average price for the five trading days prior to conversion. As of the balance sheet date and the date of this report, these shares have not been issued to the Purchaser. S99-3A(2) ASR 268 requires preferred securities that are redeemable for cash or other assets to be classified outside of permanent equity if they are redeemable (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder, or (3) upon the occurrence of an event that is not solely within the control of the issuer. Given that there is an unknown number of preferred shares to be issued and the preferred shares are convertible at the option of the holder, the Company determined that the shares to be issued shall be treated as temporary equity.

On August 25, 2023, the Company and Device Corp amended the January 18, 2019, and the May 1, 2023 Series A Preferred Stock Purchase Agreements, so that any purchased Series A preferred stock is now Series B preferred stock.

NOTE 17 – STOCKHOLDERS’ DEFICIT

Preferred Stock

Series A Preferred Stock

The Company has designated Ten Million (10,000,000) shares of Preferred Stock the Series A Convertible Preferred Stock with a par and stated value of $0.0001 per share. The holders of the Series A Convertible Preferred Stock are not entitled to receive any dividends.

Except as otherwise required by law or by the Articles of Incorporation and except as set forth below, the outstanding shares of Series A Convertible Preferred Stock shall vote together with the shares of Common Stock and other voting securities of the Corporation as a single class and, regardless of the number of shares of Series A Convertible Preferred Stock outstanding and as long as at least one of such shares of Series A Convertible Preferred Stock is outstanding shall represent Sixty Six and Two Thirds Percent (66 2/3%) of all votes entitled to be voted at any annual or special meeting of shareholders of the Corporation or action by written consent of shareholders. Each outstanding share of the Series A Convertible Preferred Stock shall represent its proportionate share of the 66 2/3% which is allocated to the outstanding shares of Series A Convertible Preferred Stock. The Certificate of Designation was amended on September 12, 2023, among other changes the Series A Convertible Preferred Stock must be held for one year following issuance or reissuance prior to conversion.

The entirety of the shares of Series A Convertible Preferred Stock outstanding as such time shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into two thirds of the after conversion outstanding fully paid and non-assessable shares of Common Stock. Each individual share of Series A Convertible Preferred Stock shall be convertible into Common Stock at a ratio determined by dividing the number of shares of Series A Convertible Stock to be converted by the number of shares of outstanding pre-conversion Series A Convertible Preferred Stock. Such initial Conversion Ratio, and the rate at which shares of Series A Convertible Preferred Stock may be converted into shares of Common Stock. On August 25, 2023, Everett Dickson, Chairman of the Board, agreed to return 4,525,000 shares of Series A preferred Stock to the Company. The shares will be retired by the Company. His remaining 475,000 shares were sold to Mr. Richard Jordan for $140,000, during the year ended December 31, 2023.

Series C Preferred Stock

Under the terms of the Share Exchange Agreement the Company issued 8,750,000 shares of Series C Preferred Stock to the owners of ReachOut common stock in exchange for 100% of the shares of ReachOut.

Using a Black-Scholes model the preferred Series C stock was valued at $2,910,984 and $291,186 was charged to stock compensation for service providers and $2,620,673 was charged to investment in ReachOut. The accrued dividend of 2% of the stated value ($3.00 per share) was calculated to be $260,342, for the six months ended June 30, 2024.

Series D Preferred Stock

The Company has authorized 1,250,000 Series D Preferred Shares of Stock, effective December 13, 2023. The shares have a stated value of $1.00 per share, earns a 2% dividend on the stated value, which is cumulative and payable solely upon redemption. The stock has voting rights equal to the number of common shares into which the preferred shares may be converted. At any time following 180 days from the date of issuance the preferred stock in aggregate can be converted into 12.5% of the outstanding common stock for a period of twenty-four months from the date of issuance of the Series D Preferred Stock.

Under the terms of the Security Purchase Agreement to issue Trillium Partners 1,000,000 shares of Series D Preferred Stock for a financing commitment and 250,000 shares to Everett Dickson as consideration for surrendering 4,525,000, shares of Series A Preferred Stock.

Using a Black-Scholes model the preferred Series D stock was valued at $475,693 and was charged to acquisition costs and deferred financing to was fully amortized at December 31, 2023. The accrued dividend of 2% of the stated value ($1.00 per share) was calculated to be $12,397 for the six months ended June 30, 2014.

Obligation to Issue Newly Designated Series of Preferred Stock

Under the terms of the Singer Asset Purchase Agreement outlined above, the Company is obligated to designate a new series of preferred stock having a conversion feature of one share of the to be designated preferred stock for one share of restricted common stock.

The obligation is recorded as stock to be issued at fair market value of the common stock on the grant date.

Common Stock

On June 30, 2024 and December 31, 2023, the Company had 2,500,000,000 and 2,500,000,000 shares of common stock authorized respectively. There were 384,088,943 and 349,488,710 common shares of stock outstanding on June 30, 2024 and December 31, 2023, respectively.

On May 15, 2024, a convertible note holder was issued 34,600,233 shares of common stock in conversion of $8,035 of accrued interest and professional fees related to the conversion of $2,345.

During the six months ended June 30, 2024, - 191,272,727 warrants for common stock, having a seven-year period during which the warrants can be exercised at $0.001 per share were issued to investors. The warrants have been valued at $475,838 and were charged to loss on issuance.

The Company has charged the dividends on Series C and D preferred stock to accumulated deficit ($351,096).

Warrants Issued

For the six months ended June 30, 2024 and year ended December 31, 2023, a summary of the Company’s warrant activity is as follows:

Schedule of warrant activity
	Number of Warrants		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2023		142,424,186	$	0.0003		6.37	$	0.001	$	142,277
Issued and exercisable during the six months ended June 30, 2024		191,272,727		0.0003		7.00		0.0092		15,661,584
		333,696,913	$	0.0003		5.92	$	0.022	$	1,803,825

All warrants were issued as incentive to an investor for future investment.

Stock Options Issued

For the six months ended June 30, 2024 and the year ended December 31, 2023, a summary of the Company’s stock options activity is as follows:

Schedule of stock option activity
	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2023		611,214	$	1.00		9.75	$	0.004	$	2,750
Issued during the six months ended June 30, 2024		-		-		-		-		-
Outstanding and exercisable at June 30, 2024		611,214	$	1.00		9.25	$	0.004	$	2,750

All options were issued as compensation to key employees.

During the year ended December 31, 2023, the Company’s subsidiary issued 611,214 common stock options to purchase 611,214 common shares to key employees of RedGear, LLC. The options were valued at $0.004. Following the reverse merger with the Company, the options were changed to the Company’s common stock at a ratio of approximately 1 of the subsidiary’s shares for 1 share of the Company’s common stock. The options vest ratably over twelve months, are exercisable at $1.00 per share and expire in 10 years from grant date.

The inputs for the Black-Scholes model calculation of the options model were:

Stock (YCRM) price - $0.0045 midmarket price on the grant date;

Annualized volatility of 352%;

Discount rate 5.18%.

NOTE 18 – COMMITMENTS AND CONTINGENCIES

Legal Matters

RedGear LLC – Purchase Dispute

On April 26, 2024, ReachOut Technology Corp. (“ReachOut”), a wholly-owned subsidiary of the Company filed a lawsuit (Case No. 1:24-cv-03408) in the United States District Court for the Northern District of Illinois, against the former members of RedGear related to certain representations and warranties made by the Defendants, Luciano Aguayo and Armando Gonzalez, in the Membership Interest Purchase Agreement, dated September 29, 2023 and closing on October 2, 2023, under which ReachOut acquired 100% of RedGear. The lawsuit was served on the defendants on April 30, 2024, and the amend below were served in June 2024.

In June 2024, ReachOut amended its complaint in the above case including fraud, post-closing misappropriation of funds and opportunities, tortious interference, breach of fiduciary duty, and post-termination illegal activities in violation of the Computer Fraud and Abuse Act (CFAA) attempting to take control of RedGear systems.

On July 2, 2024, the United States District Court for the Northern District of Illinois entered a Temporary Restraining Order against the Defendants in the above case, based on the federal Computer Fraud and Abuse Act, a statute designed to protect against computer hacking.

Under the terms of the RedGear LLC membership interest purchase agreement, there is a clause for set-off. The Buyer shall have the right to recover, and to set-off and apply against, all amounts otherwise due and owing to Sellers, or any of them, all sums in respect of which they may be liable to Buyer, including, but not limited to, as a result of a breach of any representation or warranty of Sellers. As a result of a breach of any of the covenants, or pursuant to the indemnification provisions, such right of set-off shall be in addition to, and not in lieu of, or an election against, any and all other remedies available to Buyer at law or in equity. Management is in discussion with counsel to determine whether the set-off right can be applied prior to judicial determination. As of the filing date of this report no probable outcome has been determined in the above case.

While the Company is working with legal counsel to minimize the impact to the business, the exit of the Defendants has led to a material reduction in RedGear business customers and revenue.

Other Contingencies

Default on Loan - PIPE Technologies Inc.

The Company, through its wholly owned subsidiary IND, engaged PIPE Technologies Inc.(“PIPE”) for financing. The financing arrangement was in the form of a sale of future revenues, whereby PIPE advanced a net amount of $613,800 on February 7, 2023, recorded on the books of ReachOut Technology Corporation. The Company paid $583,578 which was applied to principal leaving a balance of $89,743.

On February 7, 2024 PIPE sent a notice of default and demand for payment to IND. The notice and demand letter confirmed the balance due was $89,743 as recorded by the Company. This amount is disputed by the company believing there were duplicate payments and/or payments not applied during the Silicon Valley Bank collapse, the primary financial backing for PIPE.

As of the filing date of this report no probable outcome has been determined.

Lease Obligations

Effective October 2020, the ReachOut’s subsidiary (RedGear, LLC) renewed the lease for the principal offices at 123 West Mills Avenue, El Paso, Texas. The lease extends through September 30, 2025, for $1,350.20 per month with annual escalation of 2%. The liability and Right of Use Asset was recognized for $61,590. No subsequent renewal is certain at June 30, 2024.

Effective October 29, 2021, the ReachOut’s subsidiary (RedGear, LLC) entered into a lease for office facilities at 3636 North Central Avenue, Phoenix, Arizona. The lease extends through October 31, 2025, for $3,224.83 per month with annual escalation of 3%. The liability and Right of Use Asset was recognized for $125,364. No subsequent renewal is certain at June 30, 2024.

Effective September 29, 2023, the ReachOut’s subsidiary (RedGear, LLC) entered into a lease for office facilities at 10033 Carnegie Avenue, El Paso, Texas. The lease extends through September 28, 2028, for $5,018.00 per month with annual escalation of 3%. The liability and Right of Use Asset was recognized for $232,940. No subsequent renewal is certain at June 30, 2024. The lessor is considered a related party (see note 15).

Effective September 29, 2023, the ReachOut’s subsidiary (RedGear, LLC) entered into a lease for office facilities at 6713 Viscount Blvd. El Paso, Texas. The lease extends through September 28, 2028, for $3,600.00 per month with annual escalation of 5%. The liability and Right of Use Asset was recognized for $173,076. No subsequent renewal is certain at June 30, 2024. The lessor is considered a related party (see note 15).

On May 1, 2021, the ReachOut’s subsidiary IND entered into a sublease for its office in Whippany, NJ for a term commencing on June 1, 2021 extending through February 28, 2025 at an initial monthly rent of approximately $4,847. The liability and Right of Use Asset was recognized for $174,076. The sublease is only renewable under the condition that the sublandlord renews its lease, therefore no subsequent extension is considered in the lease Right of Use Asset or the related lease liability beyond the initial term.

The Company recognized a right-of-use assets of and a related lease liabilities of $767,068, which represents the fair value of the lease payments calculated as present value of the minimum lease payments using a discount rate of 12.9% on date of the lease execution in accordance with ASC 842. The asset and liability will be amortized as monthly payments are made and lease expense will be recognized on a straight-line basis over the term of the sublease.

The offices for ReachOut are shared with a related party ReachOut IL (an S corporation), under an arrangement that is not formalized.

Right of use asset (ROU) is summarized below:

Schedule of right of use asset
	June 30, 2024			December 31, 2023
Operating lease at inception	$	767,068		$	767,068
Less accumulated reduction		(332,375	)		(248,101	)
Balance ROU asset	$	434,392		$	518,968

Operating lease liability related to the ROU asset is summarized below:

Schedule of operating lease liability
Operating lease liabilities at inception	$	767,068		$	767,068
Reduction of lease liabilities		(329,046	)		(248,147	)
Total lease liabilities	$	438,022		$	518,920
Less: current portion		(158,074	)		(171,316	)
Lease liabilities, non-current	$	279,948		$	347,605

Non-cancellable operating lease total future payments are summarized below:


Total minimum operating lease payments	$	652,388		$	707,347
Less discount to fair value		(214,366	)		(188,124	)
Total lease liability	$	438,022		$	519,223

Future minimum lease payments under non-cancellable operating leases at June 30, 2024 are as follows:

Schedule of future minimum lease
Years ending December 31,	Amount
2024		166,160
2025		166,502
2026		110,289
2027		116,928
2028		92,510
Total minimum non-cancelable operating lease payments	$	652,388

For the six months ended June 30, 2024 rent expense was for was $100,091.

Other Commitments

On January 20, 2022, the Company entered into a Service Agreement with Desmond Partners, LLC for consulting services to be provided. The agreement is effective on February 1, 2022 for a term of year. Per the terms of the agreement the consultant will receive a fee of $10,000 per month and 5% equity in the Company. The initial term has expired with no issuance of equity to date. The Company needs to file a written termination to satisfy the agreement terms.

On January 23, 2024, Desmond Partners, LLC and the Company entered into a Settlement Agreement and Mutual Release relating to the Professional Services Agreement (‘initial agreement”) entered into by the parties on January 20, 2022. Under the terms of the settlement the Company will issue 500,000 common shares to Desmond Partners, LLC thereby settling all claims for service and fees related thereto and releasing both parties from the terms of the initial agreement.

An individual has asserted that the Company owes approximately $500,000 for a promissory note issued by a company that was never owned by the public company nor its subsidiary. Legal counsel has reviewed the claim and found no relationship to this debt nor any assumptions of the debt by the Company. While there is risk that there may be litigation over this claim, the Company believes that it is unlikely that the claim will prevail.

On December 1, 2023, the Company entered into a service agreement with Frondeur Partners LLC (“Frondeur”). Frondeur will provide accounting, reporting and consulting services on a monthly basis. On December 1, 2023, the Company executed a corporate services agreement with Frondeur Partners LLC a Nevada limited liability company. Under the terms of the agreement the Company will receive accounting and reporting services. As compensation Frondeur will receive monthly payments of $10,000 in cash and a convertible promissory note for $15,000 The notes are convertible into the Company’s common stock at a 50% discount to the market price (defined in the notes). As of the date of issuance of this report the Company has issued seven such notes (December 1, 2023 through June 1, 2024), which are accounted for as notes with embedded derivatives to be bifurcated and recognized as derivative liabilities.

NOTE 19 – SUBSEQUENT EVENTS

In accordance with ASC 855-10 management has performed an evaluation of subsequent events through the date that the financial statements were available to be issued and has determined that it does not have any material subsequent events to disclose in these financial statements other than the following.

Tax Levy

In October, 2024, the Texas Comptroller’s office placed a hold on Red Gear’s Chase and GECU bank accounts. As of November 15, 2024, the amount of the hold is $234,378.22. This hold is due to a sales audit conducted by the Texas Comptroller’s office from November, 2019 through April, 2023, which is prior to ReachOut Technology’s acquisition of Red Gear’s in October, 2023. Additionally, the last extension to the audit was signed by the previous owners of Red Gear on September 8, 2023, less than a month prior to closing the transaction. This audit was not disclosed in the purchase agreement and violated the Representations and Warranties made by the sellers. This matter has been added to ReachOut’s lawsuit filed against the previous owners.

Securities Issued

On July 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on March 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date.

On August 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on April 30, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date.

On September 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on May 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued at fair market value on issuance and for each reporting date.

On October 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on June 30, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date.

On November 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on July 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date.

On December 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on August 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date.

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Cautionary Note Regarding Forward Looking Information and Factors That May Affect Future Results

This quarterly report on Form 10-Q contains forward-looking statements regarding our business, financial condition, results of operations and prospects. The Securities and Exchange Commission (the “SEC”) encourages companies to disclose forward-looking information so that investors can better understand a company’s future prospects and make informed investment decisions. This quarterly report on Form 10-Q and other written and oral statements that we make from time to time contain such forward-looking statements that set out anticipated results based on management’s plans and assumptions regarding future events or performance. We have tried, wherever possible, to identify such statements by using words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “will” and similar expressions in connection with any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance or results of current and anticipated sales efforts, expenses, the outcome of contingencies, such as legal proceedings, and financial results. Factors that could cause our actual results of operations and financial condition to differ materially are set forth in the “Risk Factors” section of our annual report on Form 10-KT for the year ended December 31, 2023 as filed with the SEC on September 11, 2024.

We caution that these factors could cause our actual results of operations and financial condition to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

The following discussion should be read in conjunction with our condensed consolidated financial statements and the related notes that appear elsewhere in this quarterly report on Form 10-Q.

Company Overview

ReachOut Technology is not your typical Managed Service Provider (MSP). It is a transformative force in cybersecurity and IT services, dedicated to serving Small to Medium Sized Businesses (SMBs) with unparalleled excellence. Its innovative approach and unwavering commitment to superior solutions have established the organization as industry trailblazers, redefining standards and crafting extraordinary client experiences. At ReachOut, its partners are more than just clients; they are integral members of a movement that is reshaping the future of cybersecurity. ReachOut is on a relentless pursuit to revolutionize the Cybersecurity & IT Service Provider landscape for SMBs, with the goal of creating the first nationwide brand in its sector. The company is leveling the playing field, ensuring that businesses, regardless of size or location, have access to top-tier security solutions.

Organizational History

Yuengling’s Ice Cream Corporation, (f/k/a Aureus, Inc.) (“Yuengling’s,” “YCRM,” “we,” “us,” or the “Company”) was incorporated in Nevada on April 19, 2013, under the name “Aureus Incorporated.” We were initially organized to develop and explore mineral properties in the state of Nevada. Effective December 15, 2017, we changed our name to “Hohme, Inc.,” and, effective February 7, 2019, we changed our name to “Aureus, Inc. and on September 14, 2021, the Company changed their name to Yuengling’s Ice Cream Corporation”. We are currently active in the state of Nevada.

In November, 2023, after the close of the 2023 fiscal year, YCRM completed its acquisition of ReachOut Technology (“ReachOut”). ReachOut is a Managed Service Provider (MSP) that provides cybersecurity and IT services to Small to Medium Sized Businesses (SMBs). Management is highly experienced with business operation as well as acquisition and integration. After the closing of the ReachOut transaction, the Company agreed to assign the ice cream assets to Mid Penn Bank in return for the cancellation of the bank debt. The Company also ceased its Aureus Micro Markets operations at the time the ReachOut agreement was signed.

Going Concern

Results of Operations for the three months ended June 30, 2024 and 2023

Revenue

We had $1,313,873 in revenue for the three months ended June 30, 2024, compared to $761,209 for the three months ended June 30, 2023. The increase in revenue is primarily due to the acquisition of Red Gear in October, 2023.

Cost of Goods Sold

We incurred $390,251 in costs of goods sold for the three months ended June 30, 2024, compared to $329,989 for the three months ended June 30, 2023. This increase is primarily due to the acquisition of Red Gear in October, 2023.

Impairment Loss

We incurred $0 in impairment loss for the three months ended June 30, 2024 compared to $0 for the three months ended June 30, 2023.

General and administrative expenses

We had $345,904 of general and administrative expenses (“G&A”) for the three months ended June 30, 2024, compared to $68,577 for the three months ended June 30, 2023, an increase of $277,327 or 404%.

Compensation

We had $1,156,998 in compensation for the three months ended June 30, 2024 compared to ($41,764) of compensation for the three months ended June 30, 2023. Stock compensation expense was $0 and $45,000 for the three months ended June 30, 2024 and 2023, respectively.

Professional expenses

We incurred $52,901 of professional fees for the three months ended June 30, 2024, compared to $98,269 for the three months ended June 30, 2023, a decrease of $45,368 or 46%. Professional fees generally consist of audit, legal, accounting and investor relation service fees.

Other income (expense)

For the three months ended June 30, 2024, we had total other expense of $1,005,253, compared to total other expenses of $32,050 for the three months ended June 30, 2023. In the current period we incurred a loss of $4,108,977 from securities issuances having embedded derivatives. In the most recent period, we had FMV changes of $3,718,424, Gain on debt extinguishment of $0, Interest Expense of ($434,779), and Loss on conversion of convertible debt of (179,921).

In the prior period we incurred $0 from a loss from issuances and conversions, FMV changes of (49,802), and Interest expense of $81,852.

Net loss

We incurred a net loss of $1,637,434 for the three months ended June 30, 2024, compared to a net profit of $229,088 for the three months ended June 30, 2023. Our net loss was due to intangibles impairment, higher compensation, increased interest expense, and a greater loss due to issuances of securities having embedded derivatives.

Results of Operations for the six months ended June 30, 2024 and 2023

Revenue

We had $3,411,102 in revenue for the six months ended June 30, 2024, compared to $1,588,499 for the six months ended June 30, 2023. The increase in revenue is primarily due to the acquisition of Red Gear in October, 2023.

Cost of Goods Sold

We incurred $1,435,690 in costs of goods sold for the six months ended June 30, 2024, compared to $754,756 for the six months ended June 30, 2023. This increase is primarily due to the acquisition of Red Gear in October, 2023.

Impairment Loss

We incurred $2,117,502 in impairment loss for the six months ended June 30, 2024 compared to $0 for the six months ended June 30, 2023.

General and administrative expenses

We had $654,516 of general and administrative expenses (“G&A”) for the six months ended June 30, 2024, compared to $210,606 for the six months ended June 30, 2023, an increase of $443,910 or 211%.

Compensation

We had $2,057,472 in compensation for the six months ended June 30, 2024 compared to $211,892 of compensation for the six months ended June 30, 2023. Stock compensation expense was $0 and $52,500 for the six months ended June 30, 2024 and 2023, respectively.

Professional expenses

We incurred $388,159 of professional fees for the six months ended June 30, 2024, compared to $177,980 for the six months ended June 30, 2023, an increase of $210,179 or 118%. Professional fees generally consist of audit, legal, accounting and investor relation service fees.

Other income (expense)

For the six months ended June 30, 2024, we had total other expense of $7,417,906, compared to total other expenses of $128,492 for the six months ended June 30, 2023. In the current period we incurred a loss of $20,722,300 from securities issuances having embedded derivatives. In the most recent period, we had FMV changes of $13,136,512, Gain on debt extinguishment of $1,170,433, Interest Expense of ($822,630), and Loss on conversion of convertible debt of (179,921).

In the prior period we incurred $16,166 from a loss from issuances and conversions, FMV changes of (129,484), and Interest expense of $241,810.

Net loss

We incurred a net loss of $10,660,143 for the six months ended June 30, 2024, compared to a net profit of $52,273 for the six months ended June 30, 2023. Our net loss was due to intangibles impairment, higher compensation, increased interest expense, and a greater loss due to issuances of securities having embedded derivatives.

Liquidity and Capital Resources

Cash flow from operations

Cash used in operating activities for the six months ended June 30, 2024 was $632,634 compared to $93,592 of cash used in operating activities for the six months ended June 30, 2023.

Cash Flows from Investing

We used $175,309 for investing activities for the six months ended June 30, 2024, compared to using $43,351 for investing activities for the six months ended June 30, 2023.

Cash Flows from Financing

For the six months ended June 30, 2024, we netted $529,644 from financing activities. We received $287,705 from proceeds from a loan (Fox) and $662,500 from the issuance of convertible notes. We repaid $92,295 on the Fox loan, $316,577 on the Fora loan and $113,177 on repayment of seller notes.

For the six months ended June 30, 2023, we netted $127,014 from financing activities. We received $613,800 from the proceeds from the Pipe loan and repaid $93,216 to a seller’s note.

Critical Accounting Policies

Refer to Note 2 of our financial statements contained elsewhere in this Form 10-Q for a summary of our critical accounting policies and recently adopted and issued accounting standards.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable to smaller reporting companies.

ITEM 4. CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including the Chief Executive Officer who also acts as our principal financial officer, we have evaluated the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and Rule 15d-15(e) of the Exchange Act) as of the end of the period covered by this report. The disclosure controls and procedures ensure that all information required to be disclosed by us in the reports that we file or submit under the Exchange Act is: (i) recorded, processed, summarized and reported, within the time periods specified in the SEC’s rule and forms; and (ii) accumulated and communicated to our management, including our Chief Executive Officer as appropriate to allow timely decisions regarding required disclosure. Based on that evaluation, the Chief Executive Officer concluded that, as of December 31, 2023, these disclosure controls and procedures were not effective.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during our most recent fiscal quarter that have materially affected, or reasonably likely to materially affect, our internal control over financial reporting.

PART II – OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

On April 26, 2024, ReachOut Technology Corp. (“ReachOut”), a wholly-owned subsidiary of the Company filed a lawsuit (Case No. 1:24-cv-03408) in the United States District Court for the Northern District of Illinois, against the former members of Red Gear, LLC (“Red Gear”) related to certain representations and warranties made by the Defendants, Luciano Aguayo and Armando Gonzalez, in the Membership Interest Purchase Agreement, dated September 29, 2023 and closing on October 2, 2023, under which ReachOut acquired 100% of Red Gear. The lawsuit was served on the defendants on April 30, 2024, and the amend below were served in June 2024.

As of the filing date of this report no probable outcome has been determined in the above case.

ITEM 1A. RISK FACTORS

Not applicable to smaller reporting companies

ITEM 2. Recent Issuances of Unregistered Securities

Under the terms of the Share Exchange Agreement the Company issued 8,750,000 shares of Series C Preferred Stock to the owners of ReachOut common stock in exchange for 100% of the shares of ReachOut.

On December 1, 2023, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $15,000, bears interest at 12%, matures on August 31, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the note’s fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $15,000 was charged to interest expense on issuance.

On January 11, 2024, YCRM issued a convertible note payable and warrants to purchase to the Company’s common stock to Trillium Partners, L.P. The convertible note has principal of $539,000, bears interest at 12%, matures on May 31, 2025 and may be converted to common shares at the lower of $0.0003 or 50% of the lowest traded price during the thirty days prior to conversion. $500,000 was received as cash and $39,000 was charged to OID to be amortized over the term of the note. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $16,608,715, $16,108,715 was charged to loss on issuance (derivative expense) and $500,000 was charged to debt discount to be amortized over the term of the note.

On April 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on December 31, 2024 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the notes fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $10,000 was charged to interest expense on issuance.

On May 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on January 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the notes fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $10,000 was charged to interest expense on issuance.

On June 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on February 28, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the notes fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $10,000 was charged to interest expense on issuance.

On July 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on March 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the notes fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $10,000 was charged to interest expense on issuance.

On July 11, 2024, the Company issued 34,600,233 to Trillium Partners LP in conversion of $8,035 of accrued interest along with $2,345 of incurred conversion fees.

On August 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on April 30, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the notes fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $10,000 was charged to interest expense on issuance.

On September 1, 2024, YCRM issued a convertible note payable to Frondeur Partners LLC. The convertible note has principal of $10,000, bears interest at 12%, matures on May 31, 2025 and may be converted to common shares at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the notes fixed conversion price, it is treated as stock settled debt under ASC 480, a put premium of $10,000 was charged to interest expense on issuance.

ITEM 3. Defaults Upon Senior Securities

None

ITEM 4. MINE SAFETY DISCLOSURES

None

ITEM 5. OTHER INFORMATION

None

ITEM 6. EXHIBITS

The following documents have been filed as part of this report.

Incorporated by reference

Exhibit Number

Exhibit Description

Filed

herewith

Form

Period

ending

Exhibit

Filing
date

31.1

Certification of Principal Executive Officer and Principal Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act

32.1

Section 1350 Certification

101.INS

Inline XBRL Instance Document

101.SCH

Inline XBRL Taxonomy Extension Schema Document

101.CAL

Inline XBRL Taxonomy Calculation Linkbase Document

101.DEF

Inline XBRL Taxonomy Extension Definition Linkbase Document

101.LAB

Inline XBRL Taxonomy Label Linkbase Document

101.PRE

Inline XBRL Taxonomy Presentation Linkbase Document

104

Cover Page Interactive Data File (formatted in iXBRL, and included in exhibit 101).

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused the report to be signed on its behalf by the undersigned, thereunto duly authorized.

Yuengling’s Ice Cream Corporation

Name	Title	Date

/s/ Richard Jordan	President and Chief Executive Officer	December 19, 2024
Richard Jordan

Exhibit 31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Richard Jordan, Chief Executive of Yuengling’s Ice Cream Corporation (the “registrant”) certify that:

1. I have reviewed this Form 10-Q of the registrant;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: December 19, 2024

By:	/s/ Richard Jordan
	Richard Jordan
	Chief Executive Officer (Principal Executive)

Exhibit 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES—OXLEY ACT OF 2002

In connection with the Report of Yuengling’s Ice Cream Corporation (the “Company”) on Form 10-Q for the quarter ended June 30, 2024 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Richard Jordan, Chief Executive Officer, certify, pursuant to 18 U.S.C. Sec. 1350, adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 that to my knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company at the dates and for the periods indicated.

Date: December 19, 2024

By:	/s/ Richard Jordan
	Richard Jordan, Chief Executive Officer
	(Principal Executive)

Cover - shares	6 Months Ended
Cover - shares	Jun. 30, 2024	Dec. 18, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	000-55398
Entity Registrant Name	YUENGLINGS ICE CREAM CORPORATION
Entity Central Index Key	0001624517
Entity Tax Identification Number	47-1893698
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	8910 West 192nd Street
Entity Address, Address Line Two	Suite N
Entity Address, City or Town	Mokena
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60448
City Area Code	312
Local Phone Number	288-8000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		384,088,943

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Current Assets:
Cash	$ 82,374	$ 360,673
Accounts receivable	405,683	239,825
Prepaid expenses	62,579	275,780
Loans to related parties
Inventory	(0)	(0)
Total Current Assets	550,636	876,278
Other Assets:
Deposits	8,688	8,618
Furniture and fixed assets, net	405,468	445,697
Goodwill	1,347,428	3,343,929
Customer list acquired	121,001
Right of use asset	434,392	518,968
Total non-current assets	2,195,977	4,317,212
Total Assets	2,746,613	5,193,490
Current Liabilities:
Accounts payable and accrued expenses	2,268,678	1,764,696
Deferred Revenues	17,912	68,618
Due to officers	407,225	309,725
Due to Affiliate	1,487,578	1,570,253
Due to financial institutions	1,130,229	1,649,134
Seller notes and loans payable, related parties current	623,101	1,175,124
SBA loan payable	423,300	1,012,392
Vehicle and equipment loans	310,481	336,610
Term note payable, related parties	1,175,000	1,175,000
Other loans and notes payable	315,676	202,206
Officer life insurance liability, current portion	450,000	450,000
Convertible notes payable, third parties, net of put premiums	520,114	30,000
Derivative liability	22,489,505	14,637,055
Lease liability, current portion	158,074	171,315
Equipment lease, current	26,092	26,092
Total Current Liabilities	31,802,965	24,578,220
Non-Current Liabilities:
Seller notes payable, non-current portion related parties	631,778	192,932
CNP, third parties, net of discounts		40,650
Officer life insurance premium, non-current portion	2,250,000	2,250,000
Dividend payable, preferred stock Series C & D	351,096	76,849
Equipment lease, non-current	9,846	25,090
Lease liability, non-current portion	279,947	347,605
Total Non-Current Liabilities	3,522,667	2,933,126
Total Liabilities	35,325,632	27,511,346
Commitments and contingencies
Temporary Equity - Preferred Series A stock to be issued	357,022	357,022
Stockholders’ Deficit:
To be issued	75,088	68,000
Common stock: $0.001 par value; 2,500,000,000 shares authorized; 384,088,943 and 349,488,710 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively	384,089	349,489
Additional paid in capital	2,247,549	1,616,009
Accumulated deficit	(35,643,815)	(24,709,424)
Total Stockholders’ Deficit	(32,936,041)	(22,674,878)
TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT	2,746,613	5,193,490
Series A Preferred Stocks [Member]
Stockholders’ Deficit:
Preferred stock value	48	48
Series C D Preferred Stocks [Member]
Stockholders’ Deficit:
Preferred stock value	$ 1,000	$ 1,000

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2024	Dec. 31, 2023
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	2,500,000,000	2,500,000,000
Common stock, shares issued	384,088,943	349,488,710
Common stock, shares outstanding	384,088,943	349,488,710
Series A Preferred Stocks [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	475,000	475,000
Preferred stock, shares outstanding	475,000	475,000
Series C D Preferred Stocks [Member]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	10,000,000	10,000,000
Preferred stock, shares outstanding	10,000,000	10,000,000

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Revenue	$ 1,313,873	$ 761,209	$ 3,411,102	$ 1,588,499
Cost of goods sold	390,251	329,989	1,435,690	754,756
Gross Profit	923,622	431,220	1,975,412	833,743
Operating Expenses:
Impairment loss			2,117,502
General and administrative expenses	345,904	68,577	654,516	210,606
Stock compensation		45,000		52,500
Compensation	1,156,998	(41,764)	2,057,472	211,892
Professional fees	52,901	98,269	388,159	177,980
Total operating expenses	1,555,803	170,082	5,217,649	652,978
Loss from operations	(632,181)	261,138	(3,242,237)	180,765
Other income (expense):
Derivative: expense, gains and losses from issuances	(4,108,977)		(20,722,300)	16,166
Changes in fair market value	3,718,424	(49,802)	13,136,512	(129,484)
Gain on debt extinguishment			1,170,433
Interest expense	(434,779)	81,852	(822,630)	241,810
Loss on conversion of convertible debt	(179,921)		(179,921)
Total other expense	(1,005,253)	32,050	(7,417,906)	128,492
Net loss	(1,637,434)	229,088	(10,660,143)	52,273
Preferred dividends
Net income (loss) available to common shareholders
Basic and diluted, loss per share	$ (0.00)		$ (0.03)
Basic and diluted weighted average shares	367,173,274		360,213,016

CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Preferred Stock Series A [Member]	Preferred Stock Series C D [Member]	Common Stock [Member]	Shares To Be Issued [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 48	$ 1,000	$ 14,829	$ 660,000	$ 1,016,412	$ (1,726,560)	$ (34,271)
Beginning balance, share at Dec. 31, 2022	475,000	1,000,000	14,828,595
Net loss for three months ending June 30, 2024						(176,815)	(176,815)
Ending balance, value at Mar. 31, 2023	$ 48	$ 1,000	$ 14,829	660,000	1,016,412	(1,903,375)	(211,086)
Ending balance, share at Mar. 31, 2023	475,000	1,000,000	14,828,595
Net loss for three months ending June 30, 2024						(229,088)	(229,088)
Ending balance, value at Jun. 30, 2023	$ 48	$ 1,000	$ 14,829	660,000	1,016,412	(2,132,463)	(440,174)
Ending balance, share at Jun. 30, 2023	475,000	1,000,000	14,828,595
Beginning balance, value at Dec. 31, 2023	$ 48	$ 1,000	$ 349,489	68,000	1,616,009	(24,709,424)	(22,674,878)
Beginning balance, share at Dec. 31, 2023	475,000	10,000,000	349,488,710
Warrants issued to investors					397,053		397,053
Preferred stock dividends Series C & D						(137,124)	(137,124)
Net loss for three months ending June 30, 2024						(9,022,709)	(9,022,709)
Ending balance, value at Mar. 31, 2024	$ 48	$ 1,000	$ 349,489	68,000	2,013,062	(33,869,257)	(31,437,658)
Ending balance, share at Mar. 31, 2024	475,000	10,000,000	349,488,710
Value of preferred shares to be issued				7,088			7,088
Conversion of convertible note interest to common stock			$ 34,600		155,702		190,302
Conversion of convertible note interest to common stock, shares			34,600,233
Warrants issued to investors					78,785		78,785
Preferred stock dividends Series C & D						(137,124)	(137,124)
Net loss for three months ending June 30, 2024						(1,637,434)	(1,637,434)
Ending balance, value at Jun. 30, 2024	$ 48	$ 1,000	$ 384,089	$ 75,088	$ 2,247,549	$ (35,643,815)	$ (32,936,041)
Ending balance, share at Jun. 30, 2024	475,000	10,000,000	384,088,943

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
NET INCOME (LOSS)	$ (10,660,143)	$ (52,273)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock based expenses		52,500
Amortization & depreciation	60,626
Amortization of debt discounts	618,179	202,806
Derivative expense	20,722,300	16,166
Changes in fair market value of derivatives	(13,136,512)	(129,484)
Loss on conversion of liability to common stock	179,921
Gain on extinguishment	(1,170,433)
Fee notes issued	65,000
Intangibles impairment	2,117,502
Changes in assets and liabilities:
Accounts receivable	(165,858)	(45,274)
Inventories		(56,190)
Prepaids and Other	213,201	(191,113)
A/P and accrued	488,357	181,445
Equipment lease	(15,244)
ROU Lease	3,676	(35,231)
Customer deposits	(50,706)	(31,444)
Other current liabilities	97,500	(5,500)
NET CASH USED IN OPERATING ACTIVITIES	(632,634)	(93,592)
CASH FLOWS FROM INVESTING ACTIVITIES
Fixed assets	(53,896)	(43,351)
Cash paid for Singer asset purchase	(121,413)
NET CASH USED IN INVESTING ACTIVITIES	(175,309)	(43,351)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from Pipe loan		613,800
Repayments Pipe loan		(256,551)
Proceeds from Fox loan	287,705
Repayments Fox loan	(92,295)
Proceeds from Fora loan
Repayment of Fora loan	(316,577)
Repayments seller notes	(113,177)	(93,216)
Note issued	125,000	37,675
Repayment of note issued	(14,729)
New vehicle loan	53,896
Repayments vehicle loans	(26,129)
Affiliate advances		1,174,792
Repayments of affiliate advances	(36,550)
Repayments - Related party advances		(1,001,986)
Proceeds – convertible notes payable	662,500	35,000
ULI Insurance payment		(382,500)
NET CASH PROVIDED BY FINANCING ACTIVITIES	529,644	127,014
NET INCREASE (DECREASE) IN CASH	(278,299)	(9,929)
CASH BEGINNING OF YEAR	360,673	571,578
CASH END OF YEAR	82,374	561,649
Cash paid during the period for Interest	62,682
Income taxes
Supplemental Disclosure of Non-Cash Activity:
Debt discounts	742,500
Preferred stock dividends	274,248
Common stock issued for conversion of accrued interest and conversion expenses	10,380
Convertible preferred shares to be issued for asset acquisition	$ 7,088

ORGANIZATION AND BUSINESS

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

ORGANIZATION AND BUSINESS

NOTE 1 – ORGANIZATION AND BUSINESS

Reverse Merger/Acquisition of ReachOut Technology Corp.

The Share Exchange is intended to constitute a reorganization with the meaning of Section 368 of the Internal Revenue Code of 1986 (as amended).

As a result of the transaction, ReachOut became a subsidiary of the Company.

Under the terms of the Control Block Transfer Agreement, Everett Dickson (former CEO) sold all his remaining Series A Preferred Stock to Richard Jordan (new CEO) for $140,000.

ReachOut Technology Corp.

ReachOut Corp. Acquisition - Innovative Network Designs LLC

Innovative Network Designs LLC - New Jersey

ReachOut Corp. Acquisition - Red Gear LLC

RedGear LLC - Texas

GOING CONCERN

6 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

GOING CONCERN

NOTE 2 – GOING CONCERN

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Principles of Consolidation

Principles of Consolidation

Use of Estimates

Concentrations of Credit Risk

Cash Equivalents

Reclassifications

Accounts Receivable

Deferred Financing Costs

Inventory

Property and Equipment

Net Loss Per Share

Schedule of anti dilutive shares
	June 30, 2024		June 30, 2023
Series A Preferred Stock Payable		1,020,062,029		1,020,062,029
Series A Preferred Stock outstanding		699,082,277		699,082,277
Series C Preferred Stock outstanding		2,446,420,970		2,446,420,970
Series D Preferred Stock outstanding		49,926,959		49,926,959
New Series of Preferred to be issued		1,050,000		-
Warrants		336,696,913		-
Third party convertible debt		3,363,333,333		169,129,324
Common shares to be issued		3,452,434		64,480,763
Common stock options		611,214		-
Total		7,917,636,129		4,449,102,322

Stock-based Compensation

Convertible Notes with Fixed Rate Conversion Options

Derivative Financial Instruments

Fair Value Measurements

Level 1: Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2: Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable, either directly or indirectly.

Level 2 inputs include quoted prices for similar assets, quoted prices in markets that are not considered to be active, and observable inputs other than quoted prices such as interest rates.

Level 3: Level 3 inputs are unobservable inputs.

The carrying amounts of notes payable approximate the fair value as the notes bear interest rates that are consistent with current market rates.

The table below classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of June 30, 2024 and December 31, 2023.


	At June 30, 2024						At December 31, 2023
Description	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Derivative Liability		-		-	$	22,489,505		-		-	$	14,637,055

A roll-forward of the level 3 valuation financial instruments is as follows


	Derivative Liabilities
Balance at December 31, 2023	$	14,637,055
Charged to derivative expense upon issuance of related note		16,216,270
Classified as initial debt discount upon issuance of related note		540,000
Fair Value adjustments - convertible notes		(9,418,088	)
Balance at March 31, 2024		21,975,237
Charged to derivative expense upon issuance of related note		4,108,674
Classified as initial debt discount upon issuance of related note		123,715
Fair value adjustments – convertible notes		(3,718,424	)
Balance at June 30, 2024	$	22,489,505

Schedule of derivative liabilities
Inputs	June 30, 2024
Stock price	$	0.0053
Conversion price (note below)	$	0.0003
Volatility (annual)		316	%
Risk-free rate		5.18	%
Dividend rate		-

Income Taxes

Revenue recognition

Identification of a contract 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 the performance obligations are satisfied.

Advertising Costs

Deferred Offering Costs

Stock-Based Compensation

Business Combinations

Related Party Transactions

The Company follows FASB ASC subtopic 850-10, “Related Party Transactions”, for the identification of related parties and disclosure of related party transactions.

Lease Accounting

Recently Adopted Accounting Pronouncements

PROPERTY & EQUIPMENT

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

PROPERTY & EQUIPMENT

NOTE 4 – PROPERTY & EQUIPMENT

Property and equipment stated at cost, less accumulated depreciation consisted of the following:

Schedule of property and equipment
	June 30, 2024			December 31, 2023
Property and equipment	$	1,055,256		$	1,050,369
Less: accumulated depreciation		(649,787	)		(604,672	)
Property and equipment, net	$	405,469		$	445,697

GOODWILL

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL

NOTE 5 – GOODWILL

Membership Interest Purchase Agreement

Innovative Network Designs, LLC

Assets Acquired and Liabilities Assumed


Assets Acquired	Fair Value
Cash	$	613,077
Accounts Receivable		217,816
Prepaid Expenses		62,706
Right of Use Asset		109,456
Total Assets	$	1,003,055
Liabilities Assumed
Accounts Payable	$	49,936
Accrued Expenses		118,521
Sales Tax Payable		70,122
Lease Liabilities		109,457
Total Liabilities	$	348,036

Consideration Value
Cash	$	325,000
Convertible Note		1,175,000
Universal Life Insurance Commitment		3,150,000
Promissory Note		868,193
Common Stock		500,000
Total Purchase Price		6,018,193
Less, net asset value		655,020
Less impairment charge - 2023		(4,136,746	)
Value of intangible assets	$	1,226,427

Acquisition – Red Gear LLC

Asset Acquisition – Singer Networks, LLC

BANK NOTES AND LOANS

6 Months Ended

Jun. 30, 2024

Bank Notes And Loans

BANK NOTES AND LOANS

NOTE 6 – BANK NOTES AND LOANS

SELLERS’ TERM AND SECURED NOTES PAYABLE

6 Months Ended

Jun. 30, 2024

Sellers Term And Secured Notes Payable

SELLERS’ TERM AND SECURED NOTES PAYABLE

NOTE 7 – SELLERS’ TERM AND SECURED NOTES PAYABLE

Schedule of promissory notes payable:

Schedule of secured note payable
Period Ended:	Principal
March 31, 2025	$	631,778
March 31, 2026		166,160
March 31, 2027		166,160
March 31, 2028		166,160
January 15, through March 2, 2025		124,981
Totals	$	1,254,879

DUE TO OFFICERS

6 Months Ended

Jun. 30, 2024

Due To Officers

DUE TO OFFICERS

NOTE 8 – DUE TO OFFICERS

DUE TO AND FROM AFFILIATIATED COMPANYS

6 Months Ended

Jun. 30, 2024

Due To And From Affiliatiated Companys

DUE TO AND FROM AFFILIATIATED COMPANYS

NOTE 9 – DUE TO AND FROM AFFILIATIATED COMPANYS

DUE TO FINANCIAL INSTITUTIONS

6 Months Ended

Jun. 30, 2024

Due To Financial Institutions

DUE TO FINANCIAL INSTITUTIONS

NOTE 10 – DUE TO FINANCIAL INSTITUTIONS

Choice Financial Group is owed $8,000 under a financial arrangement at June 30, 2024.

THIRD PARTY NOTES PAYABLE

6 Months Ended

Jun. 30, 2024

Third Party Notes Payable

THIRD PARTY NOTES PAYABLE

NOTE 11 – THIRD PARTY NOTES PAYABLE

Schedule of third party notes payable
	June 30, 2024		December 31, 2023
Note principal	$	315,676	$	202,206

The Company has issued various notes to investors to fund operations prior to the reverse merger on November 9, 2023. Below is basic information about each of these legacy financings.

At June 30, 2024, the Company was also indebted to a third party for a total of $24,656, for a non-interest-bearing note. This note was in default since December 30, 2015.

CONVERTIBLE NOTES PAYABLE

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

CONVERTIBLE NOTES PAYABLE

NOTE 12 – CONVERTIBLE NOTES PAYABLE

Post Reverse Merger Issuances

SMALL BUSINESS LOANS PAYABLE

6 Months Ended

Jun. 30, 2024

Small Business Loans Payable

SMALL BUSINESS LOANS PAYABLE

NOTE 13 – SMALL BUSINESS LOANS PAYABLE

OFFICER LIFE INSURANCE PREMIUMS PAYABLE

6 Months Ended

Jun. 30, 2024

Officer Life Insurance Premiums Payable

OFFICER LIFE INSURANCE PREMIUMS PAYABLE

NOTE 14 – OFFICER LIFE INSURANCE PREMIUMS PAYABLE

Schedule of life Insurance Payable
Year Ended December 31:	Insurance Premiums Due
2024		450,000
2025		450,000
2026		450,000
2027 - 2029		1,350,000
Total	$	2,700,000

RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2024

RELATED PARTY TRANSACTIONS

NOTE 15 – RELATED PARTY TRANSACTIONS

Compensation due to former officers of RedGear amounts to $275,000 and $137,500, respectively at June 30, 2024 and December 31, 2023.

TEMPORARY EQUITY

6 Months Ended

Jun. 30, 2024

Temporary Equity

TEMPORARY EQUITY

NOTE 16 – TEMPORARY EQUITY

Commitment to Purchase Series A Convertible Preferred Stock

On January 26, 2024, Everett Dickson (former CEO and Chairman of the Board of Directors) acquired the preferred series A shares formerly held by Device Corp.

Series B Preferred Stock

STOCKHOLDERS’ DEFICIT

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

STOCKHOLDERS’ DEFICIT

NOTE 17 – STOCKHOLDERS’ DEFICIT

Preferred Stock

Series A Preferred Stock

Series C Preferred Stock

Under the terms of the Share Exchange Agreement the Company issued 8,750,000 shares of Series C Preferred Stock to the owners of ReachOut common stock in exchange for 100% of the shares of ReachOut.

Series D Preferred Stock

Obligation to Issue Newly Designated Series of Preferred Stock

The obligation is recorded as stock to be issued at fair market value of the common stock on the grant date.

Common Stock

On May 15, 2024, a convertible note holder was issued 34,600,233 shares of common stock in conversion of $8,035 of accrued interest and professional fees related to the conversion of $2,345.

The Company has charged the dividends on Series C and D preferred stock to accumulated deficit ($351,096).

Warrants Issued

For the six months ended June 30, 2024 and year ended December 31, 2023, a summary of the Company’s warrant activity is as follows:

Schedule of warrant activity
	Number of Warrants		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2023		142,424,186	$	0.0003		6.37	$	0.001	$	142,277
Issued and exercisable during the six months ended June 30, 2024		191,272,727		0.0003		7.00		0.0092		15,661,584
		333,696,913	$	0.0003		5.92	$	0.022	$	1,803,825

All warrants were issued as incentive to an investor for future investment.

Stock Options Issued

For the six months ended June 30, 2024 and the year ended December 31, 2023, a summary of the Company’s stock options activity is as follows:

Schedule of stock option activity
	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2023		611,214	$	1.00		9.75	$	0.004	$	2,750
Issued during the six months ended June 30, 2024		-		-		-		-		-
Outstanding and exercisable at June 30, 2024		611,214	$	1.00		9.25	$	0.004	$	2,750

All options were issued as compensation to key employees.

The inputs for the Black-Scholes model calculation of the options model were:

Stock (YCRM) price - $0.0045 midmarket price on the grant date;

Annualized volatility of 352%;

Discount rate 5.18%.

COMMITMENTS AND CONTINGENCIES

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 18 – COMMITMENTS AND CONTINGENCIES

Legal Matters

RedGear LLC – Purchase Dispute

While the Company is working with legal counsel to minimize the impact to the business, the exit of the Defendants has led to a material reduction in RedGear business customers and revenue.

Other Contingencies

Default on Loan - PIPE Technologies Inc.

As of the filing date of this report no probable outcome has been determined.

Lease Obligations

The offices for ReachOut are shared with a related party ReachOut IL (an S corporation), under an arrangement that is not formalized.

Right of use asset (ROU) is summarized below:

Schedule of right of use asset
	June 30, 2024			December 31, 2023
Operating lease at inception	$	767,068		$	767,068
Less accumulated reduction		(332,375	)		(248,101	)
Balance ROU asset	$	434,392		$	518,968

Operating lease liability related to the ROU asset is summarized below:

Schedule of operating lease liability
Operating lease liabilities at inception	$	767,068		$	767,068
Reduction of lease liabilities		(329,046	)		(248,147	)
Total lease liabilities	$	438,022		$	518,920
Less: current portion		(158,074	)		(171,316	)
Lease liabilities, non-current	$	279,948		$	347,605

Non-cancellable operating lease total future payments are summarized below:


Total minimum operating lease payments	$	652,388		$	707,347
Less discount to fair value		(214,366	)		(188,124	)
Total lease liability	$	438,022		$	519,223

Future minimum lease payments under non-cancellable operating leases at June 30, 2024 are as follows:

Schedule of future minimum lease
Years ending December 31,	Amount
2024		166,160
2025		166,502
2026		110,289
2027		116,928
2028		92,510
Total minimum non-cancelable operating lease payments	$	652,388

For the six months ended June 30, 2024 rent expense was for was $100,091.

Other Commitments

SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2024

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 19 – SUBSEQUENT EVENTS

Tax Levy

Securities Issued

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Basis of Presentation and Principles of Consolidation

Basis of Presentation and Principles of Consolidation

Principles of Consolidation

Principles of Consolidation

Use of Estimates

Use of Estimates

Concentrations of Credit Risk

Concentrations of Credit Risk

Cash Equivalents

Cash Equivalents

Reclassifications

Reclassifications

Accounts Receivable

Accounts Receivable

Deferred Financing Costs

Deferred Financing Costs

Inventory

Inventory

Property and Equipment

Property and Equipment

Net Loss Per Share

Net Loss Per Share

Schedule of anti dilutive shares
	June 30, 2024		June 30, 2023
Series A Preferred Stock Payable		1,020,062,029		1,020,062,029
Series A Preferred Stock outstanding		699,082,277		699,082,277
Series C Preferred Stock outstanding		2,446,420,970		2,446,420,970
Series D Preferred Stock outstanding		49,926,959		49,926,959
New Series of Preferred to be issued		1,050,000		-
Warrants		336,696,913		-
Third party convertible debt		3,363,333,333		169,129,324
Common shares to be issued		3,452,434		64,480,763
Common stock options		611,214		-
Total		7,917,636,129		4,449,102,322

Stock-based Compensation

Stock-based Compensation

Convertible Notes with Fixed Rate Conversion Options

Convertible Notes with Fixed Rate Conversion Options

Derivative Financial Instruments

Derivative Financial Instruments

Fair Value Measurements

Fair Value Measurements

Level 1: Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2: Level 2 inputs are inputs other than quoted prices included in Level 1 that are observable, either directly or indirectly.

Level 2 inputs include quoted prices for similar assets, quoted prices in markets that are not considered to be active, and observable inputs other than quoted prices such as interest rates.

Level 3: Level 3 inputs are unobservable inputs.

The carrying amounts of notes payable approximate the fair value as the notes bear interest rates that are consistent with current market rates.

The table below classifies the Company’s liabilities measured at fair value on a recurring basis into the fair value hierarchy as of June 30, 2024 and December 31, 2023.


	At June 30, 2024						At December 31, 2023
Description	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Derivative Liability		-		-	$	22,489,505		-		-	$	14,637,055

A roll-forward of the level 3 valuation financial instruments is as follows


	Derivative Liabilities
Balance at December 31, 2023	$	14,637,055
Charged to derivative expense upon issuance of related note		16,216,270
Classified as initial debt discount upon issuance of related note		540,000
Fair Value adjustments - convertible notes		(9,418,088	)
Balance at March 31, 2024		21,975,237
Charged to derivative expense upon issuance of related note		4,108,674
Classified as initial debt discount upon issuance of related note		123,715
Fair value adjustments – convertible notes		(3,718,424	)
Balance at June 30, 2024	$	22,489,505

Schedule of derivative liabilities
Inputs	June 30, 2024
Stock price	$	0.0053
Conversion price (note below)	$	0.0003
Volatility (annual)		316	%
Risk-free rate		5.18	%
Dividend rate		-

Income Taxes

Income Taxes

Revenue recognition

Revenue recognition

Identification of a contract 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 the performance obligations are satisfied.

Advertising Costs

Advertising Costs

Deferred Offering Costs

Deferred Offering Costs

Stock-Based Compensation

Stock-Based Compensation

Business Combinations

Business Combinations

Related Party Transactions

Related Party Transactions

The Company follows FASB ASC subtopic 850-10, “Related Party Transactions”, for the identification of related parties and disclosure of related party transactions.

Lease Accounting

Lease Accounting

Recently Adopted Accounting Pronouncements

Recently Adopted Accounting Pronouncements

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Schedule of anti dilutive shares

Schedule of anti dilutive shares
	June 30, 2024		June 30, 2023
Series A Preferred Stock Payable		1,020,062,029		1,020,062,029
Series A Preferred Stock outstanding		699,082,277		699,082,277
Series C Preferred Stock outstanding		2,446,420,970		2,446,420,970
Series D Preferred Stock outstanding		49,926,959		49,926,959
New Series of Preferred to be issued		1,050,000		-
Warrants		336,696,913		-
Third party convertible debt		3,363,333,333		169,129,324
Common shares to be issued		3,452,434		64,480,763
Common stock options		611,214		-
Total		7,917,636,129		4,449,102,322

Schedule of liabilities measured at fair value


	At June 30, 2024						At December 31, 2023
Description	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Derivative Liability		-		-	$	22,489,505		-		-	$	14,637,055

Schedule of fair value measurements roll-forward


	Derivative Liabilities
Balance at December 31, 2023	$	14,637,055
Charged to derivative expense upon issuance of related note		16,216,270
Classified as initial debt discount upon issuance of related note		540,000
Fair Value adjustments - convertible notes		(9,418,088	)
Balance at March 31, 2024		21,975,237
Charged to derivative expense upon issuance of related note		4,108,674
Classified as initial debt discount upon issuance of related note		123,715
Fair value adjustments – convertible notes		(3,718,424	)
Balance at June 30, 2024	$	22,489,505

Schedule of derivative liabilities

Schedule of derivative liabilities
Inputs	June 30, 2024
Stock price	$	0.0053
Conversion price (note below)	$	0.0003
Volatility (annual)		316	%
Risk-free rate		5.18	%
Dividend rate		-

PROPERTY & EQUIPMENT (Tables)

6 Months Ended

Jun. 30, 2024

Property, Plant and Equipment [Abstract]

Schedule of property and equipment

Schedule of property and equipment
	June 30, 2024			December 31, 2023
Property and equipment	$	1,055,256		$	1,050,369
Less: accumulated depreciation		(649,787	)		(604,672	)
Property and equipment, net	$	405,469		$	445,697

GOODWILL (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of assets acquired and liabilities assumed


Assets Acquired	Fair Value
Cash	$	613,077
Accounts Receivable		217,816
Prepaid Expenses		62,706
Right of Use Asset		109,456
Total Assets	$	1,003,055
Liabilities Assumed
Accounts Payable	$	49,936
Accrued Expenses		118,521
Sales Tax Payable		70,122
Lease Liabilities		109,457
Total Liabilities	$	348,036

Consideration Value
Cash	$	325,000
Convertible Note		1,175,000
Universal Life Insurance Commitment		3,150,000
Promissory Note		868,193
Common Stock		500,000
Total Purchase Price		6,018,193
Less, net asset value		655,020
Less impairment charge - 2023		(4,136,746	)
Value of intangible assets	$	1,226,427

SELLERS’ TERM AND SECURED NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2024

Sellers Term And Secured Notes Payable

Schedule of secured note payable

Schedule of secured note payable
Period Ended:	Principal
March 31, 2025	$	631,778
March 31, 2026		166,160
March 31, 2027		166,160
March 31, 2028		166,160
January 15, through March 2, 2025		124,981
Totals	$	1,254,879

THIRD PARTY NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2024

Third Party Notes Payable

Schedule of third party notes payable

Schedule of third party notes payable
	June 30, 2024		December 31, 2023
Note principal	$	315,676	$	202,206

OFFICER LIFE INSURANCE PREMIUMS PAYABLE (Tables)

6 Months Ended

Jun. 30, 2024

Officer Life Insurance Premiums Payable

Schedule of life Insurance Payable

Schedule of life Insurance Payable
Year Ended December 31:	Insurance Premiums Due
2024		450,000
2025		450,000
2026		450,000
2027 - 2029		1,350,000
Total	$	2,700,000

STOCKHOLDERS’ DEFICIT (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Schedule of warrant activity

Schedule of warrant activity
	Number of Warrants		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2023		142,424,186	$	0.0003		6.37	$	0.001	$	142,277
Issued and exercisable during the six months ended June 30, 2024		191,272,727		0.0003		7.00		0.0092		15,661,584
		333,696,913	$	0.0003		5.92	$	0.022	$	1,803,825

Schedule of stock option activity

Schedule of stock option activity
	Number of Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)		Weighted- Average Grant-Date Fair Value		Aggregate Intrinsic Value
Outstanding and exercisable at December 31, 2023		611,214	$	1.00		9.75	$	0.004	$	2,750
Issued during the six months ended June 30, 2024		-		-		-		-		-
Outstanding and exercisable at June 30, 2024		611,214	$	1.00		9.25	$	0.004	$	2,750

COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Schedule of right of use asset

Schedule of right of use asset
	June 30, 2024			December 31, 2023
Operating lease at inception	$	767,068		$	767,068
Less accumulated reduction		(332,375	)		(248,101	)
Balance ROU asset	$	434,392		$	518,968

Schedule of operating lease liability

Schedule of operating lease liability
Operating lease liabilities at inception	$	767,068		$	767,068
Reduction of lease liabilities		(329,046	)		(248,147	)
Total lease liabilities	$	438,022		$	518,920
Less: current portion		(158,074	)		(171,316	)
Lease liabilities, non-current	$	279,948		$	347,605

Schedule of non-cancellable operating lease


Total minimum operating lease payments	$	652,388		$	707,347
Less discount to fair value		(214,366	)		(188,124	)
Total lease liability	$	438,022		$	519,223

Schedule of future minimum lease

Schedule of future minimum lease
Years ending December 31,	Amount
2024		166,160
2025		166,502
2026		110,289
2027		116,928
2028		92,510
Total minimum non-cancelable operating lease payments	$	652,388

ORGANIZATION AND BUSINESS (Details Narrative) - USD ($)					1 Months Ended
ORGANIZATION AND BUSINESS (Details Narrative) - USD ($)	May 15, 2024	Nov. 09, 2023	Oct. 02, 2023	Sep. 02, 2022	Sep. 29, 2023	Dec. 13, 2023
Number of shares issued	34,600,233
Restricted shares of common stock				500,000
Series A Preferred Stock [Member]
Shares authorized						8,750,000
Stated value						$ 3.00
Series A Preferred Stock [Member] \| Chief Executive Officer [Member]
Sale of stock		$ 140,000
Series C Preferred Stock [Member] \| Reach Out [Member]
Number of shares issued		8,750,000
Reach Out [Member]
Ownership interest		100.00%
IND [Member]
Limited liability company or limited partnership, members or limited partners, ownership interest				100.00%
Red Gear LLC [Member]
Limited liability company or limited partnership, members or limited partners, ownership interest			100.00%		100.00%
Membership interest purchase agreement description					Upon closing October 2, 2023, the total value of the consideration given for the purchase was $3,025,249 The purchase price was allocated to net tangible assets of $54,006 with the balance of $2,510,0291 allocated to goodwill, which is not amortized to expense. ReachOut hired an independent accounting firm to validate the Adjusted EBITDA (as defined in the closing documents). The results of the validation resulted in a purchase price adjustment reducing goodwill to $2,117,502. During the three months ended March 31, 2024, the Company determined that the goodwill was fully impaired and charged to loss to operating expenses.

GOING CONCERN (Details Narrative) - USD ($)	6 Months Ended
GOING CONCERN (Details Narrative) - USD ($)	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net losses	$ 10,660,143	$ 52,273
Working capital deficit	31,252,329
Stockholders' deficit	32,936,041		$ 22,674,878
Accumulated deficit	$ 35,643,815		$ 24,709,424

SIGNIFICANT ACCOUNTING POLICIES (Details) - shares	6 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Details) - shares	Jun. 30, 2024	Jun. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	7,917,636,129	4,449,102,322
Series A Preferred Stock Payable [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	1,020,062,029	1,020,062,029
Series A Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	699,082,277	699,082,277
Series C Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	2,446,420,970	2,446,420,970
Series D Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	49,926,959	49,926,959
Preferred To Be Issued [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	1,050,000
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	336,696,913
Third Party Convertible Debt [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	3,363,333,333	169,129,324
Common Shares To Be Issued [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	3,452,434	64,480,763
Common Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	611,214

SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Fair Value, Inputs, Level 1 [Member]
Platform Operator, Crypto Asset [Line Items]
Derivative Liability
Fair Value, Inputs, Level 2 [Member]
Platform Operator, Crypto Asset [Line Items]
Derivative Liability
Fair Value, Inputs, Level 3 [Member]
Platform Operator, Crypto Asset [Line Items]
Derivative Liability	$ 22,489,505	$ 14,637,055

SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	3 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	Jun. 30, 2024	Mar. 31, 2024
Accounting Policies [Abstract]
Balance at, beginning	$ 21,975,237	$ 14,637,055
Charged to derivative expense upon issuance of related note	4,108,674	16,216,270
Classified as initial debt discount upon issuance of related note	123,715	540,000
Fair Value adjustments - convertible note	(3,718,424)	(9,418,088)
Balance at, ending	$ 22,489,505	$ 21,975,237

SIGNIFICANT ACCOUNTING POLICIES (Details 3) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivatives, determination of fair value	$ 0.0045
Derivatives, determination of fair value		$ 0.00035
Derivatives, determination of fair value	352.00%
Measurement Input, Share Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivatives, determination of fair value		0.0053
Measurement Input, Conversion Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivatives, determination of fair value		$ 0.0003
Measurement Input, Price Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivatives, determination of fair value		316.00%
Measurement Input, Risk Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivatives, determination of fair value		5.18%
Measurement Input, Expected Dividend Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivatives, determination of fair value		(0.00%)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)			1 Months Ended		6 Months Ended
	Oct. 02, 2023	Sep. 02, 2022	Jan. 11, 2024	Sep. 29, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Product Information [Line Items]
Excess insured amounts					$ 0
Cash equivalents					0		$ 0
Allowance for credit losse					1,100
Deferred financing costs					0
Inventories					$ (0)		$ (0)
Antidilutive securities excluded from computation of earnings per share, amount					7,917,636,129	4,449,102,322
Convertiable preferred stock					1,050,000
Options outstanding					611,214		611,214
Accrued interest and related expenses					$ 179,921
Charges to derivative expense					$ 475,838
Issuance of warrant			163,333,333		191,272,727
Convertible notes					$ 1,204,000
Conversion price					80,000
Deferred revenue					17,912		$ 68,618
Advertising Costs					1,000
Lease liabilities					438,022		$ 518,920
US Northeast Region [Member]
Product Information [Line Items]
Revenue recognized					1,805,220
US Southeast Region [Member]
Product Information [Line Items]
Revenue recognized					$ 1,605,882
Series C Preferred Stock [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount					2,446,420,970	2,446,420,970
Series D Preferred Stock [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount					49,926,959	49,926,959
Warrants [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount					336,696,913
Convertible Note Payable [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount					3,363,333,333
Preferred Stock Series A [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount					1,020,062,029
Series A Preferred Stock [Member]
Product Information [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount					699,082,277
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Innovative Network Designs LLC [Member] \| One Clients [Member]
Product Information [Line Items]
Outstanding unpaid account, percentage					57.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Innovative Network Designs LLC [Member] \| Two Clients [Member]
Product Information [Line Items]
Outstanding unpaid account, percentage					43.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Red Gear Subsidiary [Member] \| One Clients [Member]
Product Information [Line Items]
Outstanding unpaid account, percentage					39.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member] \| Red Gear Subsidiary [Member] \| Two Clients [Member]
Product Information [Line Items]
Outstanding unpaid account, percentage					14.00%
IND [Member]
Product Information [Line Items]
Limited liability company or limited partnership, members or limited partners, ownership interest		100.00%
Red Gear LLC [Member]
Product Information [Line Items]
Limited liability company or limited partnership, members or limited partners, ownership interest	100.00%			100.00%

PROPERTY & EQUIPMENT (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property and equipment	$ 1,055,256	$ 1,050,369
Less: accumulated depreciation	(649,787)	(604,672)
Property and equipment, net	$ 405,469	$ 445,697

PROPERTY & EQUIPMENT (Details Narrative)	6 Months Ended
PROPERTY & EQUIPMENT (Details Narrative)	Jun. 30, 2024 USD ($)
Property, Plant and Equipment [Abstract]
Depreciation Expense	$ 19,285

GOODWILL (Details) - Innovative Network Designs [Member]	Aug. 01, 2022 USD ($)
Restructuring Cost and Reserve [Line Items]
Cash	$ 613,077
Accounts Receivable	217,816
Prepaid Expenses	62,706
Right of Use Asset	109,456
Total Assets	1,003,055
Liabilities Assumed
Accounts Payable	49,936
Accrued Expenses	118,521
Sales Tax Payable	70,122
Lease Liabilities	109,457
Total Liabilities	348,036
Consideration Value
Cash	325,000
Convertible Note	1,175,000
Universal Life Insurance Commitment	3,150,000
Promissory Note	868,193
Common Stock	500,000
Total Purchase Price	6,018,193
Less, net asset value	655,020
Less impairment charge - 2023	(4,136,746)
Value of intangible assets	$ 1,226,427

GOODWILL (Details Narrative) - USD ($)				6 Months Ended
GOODWILL (Details Narrative) - USD ($)	Apr. 08, 2024	Sep. 02, 2022	Aug. 01, 2022	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2024	Dec. 31, 2023	Sep. 29, 2023	Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]
Goodwill							$ 4,136,746	$ 2,540,502	$ 5,363,173
Goodwill reduced							1,226,427		$ 4,136,746
Restricted shares of common stock		500,000
Net tangible assets				$ 405,468			445,697
Goodwill purchase price				525,526
Cash paid for Singer asset purchase	$ 121,413			121,413
Convertible preferred shares to be issued for asset acquisition	7,088			7,088
Aggregate value	$ 7,500
Customer list acquired				$ 121,001
Innovative Network Designs LLC [Member]
Restructuring Cost and Reserve [Line Items]
Restricted shares of common stock			500,000
Consideration purchase amount			$ 6,018,193
Consideration value			3,150,000
Yearly Consideration value			382,500
Tangible assets			$ 655,020
Innovative Network Designs LLC [Member] \| Network Designs LLC [Member]
Restructuring Cost and Reserve [Line Items]
Limited liability company or limited partnership, members or limited partners, ownership interest			100.00%
Red Gear LLC [Member]
Restructuring Cost and Reserve [Line Items]
Goodwill						$ 2,117,502	$ 2,117,502
Interest acquired								100.00%
Purchase price								$ 2,038,809
Net tangible assets								$ 344,307

BANK NOTES AND LOANS (Details Narrative) - USD ($)	1 Months Ended
BANK NOTES AND LOANS (Details Narrative) - USD ($)	Jul. 31, 2023	Dec. 31, 2023	Dec. 24, 2021
Short-Term Debt [Line Items]
Due on SBA loan		$ 489,439
Debt Instrument, Interest Rate During Period	9.50%
Debt Conversion, Original Debt, Interest Rate of Debt	4.25%
Long-Term Line of Credit			$ 106,201
Line of credit additional paid in capital			$ 204,360
SBA Loan [Member]
Short-Term Debt [Line Items]
Due on SBA loan		$ 589,092
Debt Instrument, Interest Rate During Period	10.25%
Debt Conversion, Original Debt, Interest Rate of Debt	5.25%

SELLERS' TERM AND SECURED NOTES PAYABLE (Details) - USD ($)	Mar. 31, 2028	Mar. 31, 2027	Mar. 31, 2026	Mar. 31, 2025	Mar. 02, 2025	Jun. 30, 2024
Sellers Term And Secured Notes Payable
Principal	$ 166,160	$ 166,160	$ 166,160	$ 631,778	$ 124,981	$ 1,254,879

SELLERS’ TERM AND SECURED NOTES PAYABLE (Details Narrative) - USD ($)		1 Months Ended		6 Months Ended
	Oct. 01, 2022	Jul. 31, 2023	Apr. 15, 2023	Jun. 30, 2024	Jun. 30, 2023	Mar. 31, 2028	Mar. 31, 2027	Mar. 31, 2026	Mar. 31, 2025	Mar. 02, 2025	May 15, 2024	Mar. 31, 2023
Short-Term Debt [Line Items]
Principal amount				$ 1,254,879		$ 166,160	$ 166,160	$ 166,160	$ 631,778	$ 124,981
Interest rate		9.50%
Accrued interest				0
Principal payment				583,578
Debt current				450,000
Accrued interest											$ 8,035
Convertible Promissory Note [Member]
Short-Term Debt [Line Items]
Principal amount	$ 1,175,000
Interest rate	24.00%
Maturity date	Oct. 01, 2024
Accrued interest				492,148
Secured Promissory Note [Member]
Short-Term Debt [Line Items]
Principal amount	$ 868,193
Interest rate	7.00%
Maturity date	Apr. 02, 2025
Accrued interest			$ 37,463
Principal payment			$ 96,466
Due date	Jul. 15, 2023
Debt current				465,618
Accrued interest				37,834
Promissory Note [Member]
Short-Term Debt [Line Items]
Principal amount				525,526								$ 789,621
Interest rate					8.00%
Maturity date					Sep. 27, 2028
Accrued interest				$ 20,100

DUE TO OFFICERS (Details Narrative) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Due to officers	$ 407,225	$ 309,725
Chief Executive Officer [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Due to officers	132,225
Innovative Network Designs And Red Gear [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Compensation due to employees	$ 275,000

DUE TO AND FROM AFFILIATIATED COMPANYS (Details Narrative) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Due To And From Affiliatiated Companys
Due to affiliates	$ 1,487,578	$ 1,570,253

DUE TO FINANCIAL INSTITUTIONS (Details Narrative) - USD ($)			1 Months Ended	3 Months Ended		6 Months Ended			12 Months Ended
	Feb. 02, 2024	Feb. 01, 2023	Jan. 30, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2023	Feb. 07, 2023	Dec. 24, 2021
Line of Credit Facility [Line Items]
Outstanding principal						$ 1,130,229			$ 1,649,134
Pipe advanced										$ 613,800
Interest Expense, Operating and Nonoperating		$ 59,520		$ 434,779	$ (81,852)	822,630		$ (241,810)
Proceeds from Advance for Construction, Investing Activity		$ 59,520
Net carrying value				279,111		279,111	$ 773,320
Debt Instrument, Periodic Payment							$ 64,138
Debt Instrument, Periodic Payment, Principal						583,578
Remaining principal amount									89,743
Cash received						1,212,500
Underwriting fees			$ 12,295			37,500
Interest charge						312,500
Weekly payments						31,250			1,247,294
Unamortized debt discount				118,444		118,444			177,342
Principal balance				871,819		871,819
Net carrying value				753,375		753,375
Cash			287,705	82,374		82,374			360,673
Interest charges			$ 105,000
Principal payments and interest	$ 12,625					88,594
Debt discount unamortized balance				37,295		37,295
Principal balance				316,406		316,406
Balance owed				$ 8,000		$ 8,000
Long-Term Line of Credit											$ 106,201
Mid Penn Bank [Member]
Line of Credit Facility [Line Items]
Long-Term Line of Credit									$ 489,439

THIRD PARTY NOTES PAYABLE (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Third Party Notes Payable
Note principal	$ 315,676	$ 202,206

THIRD PARTY NOTES PAYABLE (Details Narrative) - USD ($)		1 Months Ended	6 Months Ended
THIRD PARTY NOTES PAYABLE (Details Narrative) - USD ($)	May 20, 2024	Jul. 31, 2023	Jun. 30, 2024	Mar. 31, 2028	Mar. 31, 2027	Mar. 31, 2026	Mar. 31, 2025	Mar. 02, 2025	Jan. 30, 2024	Dec. 31, 2023
Notes payable related party										$ 17,910
Principal amount			$ 1,254,879	$ 166,160	$ 166,160	$ 166,160	$ 631,778	$ 124,981
Note payable balance			315,676							202,206
Cash			82,374						$ 287,705	$ 360,673
Interest rate		9.50%
Principal amount			126,274
Accrued interest			0
Note Payable 1 [Member]
Principal amount			$ 20,000
Debt issuance date			Sep. 09, 2015
Debt stated interest rate			10.00%
Accrued interest			$ 16,484
Note Payable 2 [Member]
Principal amount			$ 17,500
Debt issuance date			Feb. 23, 2017
Debt stated interest rate			8.00%
Accrued interest			$ 13,114
Note Payable 3 [Member]
Principal amount			$ 12,465
Debt issuance date			Mar. 27, 2017
Debt stated interest rate			8.00%
Accrued interest			$ 8,930
Note Payable 4 [Member]
Principal amount			$ 4,500
Debt issuance date			May 16, 2017
Debt stated interest rate			8.00%
Accrued interest			$ 3,145
Note Payable 5 [Member]
Principal amount			$ 20,000
Debt issuance date			Jul. 28, 2017
Debt stated interest rate			8.00%
Accrued interest			$ 13,472
Note Payable 6 [Member]
Principal amount			$ 15,000
Debt issuance date			Jan. 24, 2020
Debt stated interest rate			1000.00%
Accrued interest			$ 1,155
Note payable balance			0
Note Payable 7 [Member]
Principal amount			$ 20,000
Debt issuance date			Mar. 24, 2020
Debt stated interest rate			1000.00%
Accrued interest			$ 6,075
Note payable balance			16,500
Note Payable 8 [Member]
Principal amount			$ 40,675
Debt issuance date			Jun. 01, 2023
Debt stated interest rate			5.00%
Due from related party			$ 13,000
Debt converted, shares issued			53,675
Note Payable 9 [Member]
Note payable balance			$ 24,656
Note Payable 10 [Member]
Principal amount	$ 149,500
Cash	125,000
Legal services	5,000
Legal expense	$ 19,500
Maturity date	Mar. 30, 2025
Interest rate	12.00%
Principal and accrued interest	$ 16,744
Third Parties [Member]
Principal amount			$ 17,910

CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)											1 Months Ended			6 Months Ended
CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)	Jun. 01, 2024	May 01, 2024	Apr. 03, 2024	Apr. 02, 2024	Mar. 01, 2024	Feb. 01, 2024	Jan. 02, 2024	Dec. 01, 2023	Nov. 10, 2023	Oct. 01, 2022	May 31, 2024	Jan. 11, 2024	Jul. 31, 2023	Jun. 30, 2024	Mar. 31, 2028	Mar. 31, 2027	Mar. 31, 2026	Mar. 31, 2025	Mar. 02, 2025
Debt Instrument [Line Items]
Principal amount														$ 1,254,879	$ 166,160	$ 166,160	$ 166,160	$ 631,778	$ 124,981
Interest rate													9.50%
Issuance of warrant												163,333,333		191,272,727
Accrued interest														$ 0
Convertible Promissory Note [Member]
Debt Instrument [Line Items]
Principal amount										$ 1,175,000
Interest rate										24.00%
Maturity date										Oct. 01, 2024
Accrued interest														492,148
Trillium Partners L. P [Member]
Debt Instrument [Line Items]
Principal amount									$ 470,000			$ 539,000
Interest rate									12.00%			12.00%
Maturity date									May 31, 2025
Post reverse merger issuances description									the lower of $0.0003 or 50% of the lowest traded price during the thirty days prior to conversion. $436,000 was received as cash and $34,000 was charged to OID to be amortized over the term of the note. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $1,842,315, $1,406,315 was charged to loss on issuance (derivative expense) and $436,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $470,000 and $27,968, respectively.			the lower of $0.001 or 50% of the lowest traded price during the thirty days prior to conversion. $490,000 was received as cash and $49,000 was charged to OID to be amortized over the term of the note. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $17,626,408, and was charged to loss on issuance (derivative expense) and $490,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $539,000 and $30,202, respectively.
Frondeur Partners LLC [Member]
Debt Instrument [Line Items]
Principal amount				$ 10,000	$ 10,000	$ 10,000	$ 15,000	$ 15,000						10,000
Interest rate				12.00%	12.00%	12.00%	12.00%	12.00%
Post reverse merger issuances description					at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $20,180, $10,180 was charged to loss on issuance (derivative expense) and $10,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $10,000 and $398, respectively.	at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $35,340, $25,340 was charged to loss on issuance (derivative expense) and $10,000 was charged to debt discount to be amortized over the term of the note At June 30, 2024 the principal and accrued interest are $10,000 and $493, respectively.	at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. Due to the variable conversion price the note includes a bifurcated derivative valued on issuance and for each reporting date. The initial derivative liability was $37,012, $22,012 was charged to loss on issuance (derivative expense) and $15,000 was charged to debt discount to be amortized over the term of the note. At June 30, 2024 the principal and accrued interest are $15,000 and $898, respectively.	at or 50% of the lowest traded price during the thirty days prior to conversion. The principal amount was charged to professional services. The note was determined to include an embedded derivative which has been bifurcated and included in derivative liabilities. At June 30, 2024 the principal and accrued interest are $15,000 and $1,045, respectively.
Accrued interest														296
Frondeur Partners LLC [Member] \| Convertible Promissory Note [Member]
Debt Instrument [Line Items]
Principal amount			$ 10,000											10,000
Interest rate		12.00%
Accrued interest														197
Frondeur Partners LLC [Member] \| Convertible Note [Member]
Debt Instrument [Line Items]
Principal amount	$ 10,000													10,000
Interest rate	12.00%
Accrued interest														95
Trillium Partners LP [Member]
Debt Instrument [Line Items]
Principal amount			$ 135,000											135,000
Interest rate			12.00%
Accrued interest														3,906
Warrants purchase			18,939,394
Trillium Partners LP [Member] \| Convertible Promissory Note [Member]
Debt Instrument [Line Items]
Principal amount											$ 60,000			60,000
Interest rate											12.00%
Accrued interest														$ 592
Warrants purchase											9,000,000

SMALL BUSINESS LOANS PAYABLE (Details Narrative) - USD ($)	1 Months Ended
	Jul. 31, 2023	Nov. 22, 2021	May 26, 2020	Mar. 31, 2028	Mar. 31, 2027	Mar. 31, 2026	Mar. 31, 2025	Mar. 02, 2025	Jun. 30, 2024	Dec. 31, 2023
Short-Term Debt [Line Items]
Debt instrument, face amount				$ 166,160	$ 166,160	$ 166,160	$ 631,778	$ 124,981	$ 1,254,879
Debt Instrument, Interest Rate During Period	9.50%
Note payable balance									315,676	$ 202,206
SBA Loan [Member]
Short-Term Debt [Line Items]
Debt Instrument, Interest Rate During Period	10.25%
Accrued interest									$ 41,257
SBA Loan [Member] \| First Note Payable [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount			$ 150,000
Debt Instrument, Interest Rate During Period			3.75%
Note payable balance										150,000
Accrued interest										$ 20,250
SBA Loan [Member] \| Second Note Payable [Member]
Short-Term Debt [Line Items]
Debt instrument, face amount		$ 273,500
Debt Instrument, Interest Rate During Period		3.75%

OFFICER LIFE INSURANCE PREMIUMS PAYABLE (Details)	Jun. 30, 2024 USD ($)
Officer Life Insurance Premiums Payable
2024	$ 450,000
2025	450,000
2026	450,000
2027 - 2029	1,350,000
Total	$ 2,700,000

OFFICER LIFE INSURANCE PREMIUMS PAYABLE (Details Narrative) - USD ($)	Jun. 30, 2024	Dec. 31, 2023	Oct. 01, 2022
Officer Life Insurance Premiums Payable
Total liability	$ 35,325,632	$ 27,511,346	$ 3,150,000
Installments payment			$ 450,000
Debt current	450,000
Debt non-current	$ 2,250,000

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)						1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	May 15, 2024	May 03, 2024	Sep. 15, 2023	Jan. 14, 2023	Sep. 02, 2022	Feb. 29, 2020	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 31, 2020	Oct. 30, 2023	Sep. 29, 2023
Related Party Transaction [Line Items]
Stock compensation expense								$ 45,000		$ 52,500
Loan payable, related party							$ 315,676		$ 315,676		$ 202,206
Stock issued during period	34,600,233
Restricted stock units issued					500,000
Common shares issued							384,088,943		384,088,943		349,488,710
Repayment of general operating expenses										1,001,986
Right of use asset							$ 434,392		$ 434,392		$ 518,968
Share price							$ 0.0045		$ 0.0045
Convertible Promissory Note [Member]
Related Party Transaction [Line Items]
Advance from related party										619,399
Repaid principal									$ 82,675
Commitment to purchase life insurance										3,150,000
Term notes							$ 1,175,000		1,175,000
Amortizing note payable							465,618		465,618
Life insurance payable							2,700,000		2,700,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Common shares issued													11,000,000
Payment to employees											22,000
President [Member]
Related Party Transaction [Line Items]
Payment to employees											7,000
Founder [Member]
Related Party Transaction [Line Items]
Stock compensation expense						$ 110,000
Loan payable, related party						$ 0
Stock issued during period						1,000,000
Founder [Member] \| Series A Convertible Preferred Stock [Member]
Related Party Transaction [Line Items]
Stock issued during period						10,000,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Restricted stock units issued												66,669
Outstanding balances owed									132,225	132,225
Repayment of general operating expenses									1,487,578
YCR [Member]
Related Party Transaction [Line Items]
Advance from related party									887,854
Cash paid for note issued									1,249,248
Red Gears LLC [Member]
Related Party Transaction [Line Items]
Note issued									1,314,787	$ 1,175,000
Labor and Related Expense									275,000		137,500
Right of use asset							406,015		$ 406,015					$ 173,076
Reach Out IND [Member]
Related Party Transaction [Line Items]
Employment agreement description		the employment agreement with the former principle of ReachOut IND has been amended in accordance with the terms of the employment agreement. The amendment takes effect on May 16, 2023, and reduces annual compensation to $125,000, and alters the responsibilities of his management role.							Company and the former principle of ReachOut IND entered into an employment agreement. The former head of ReachOut IND is named as Regional Vice President of Northeast (the Executive) at an annual salary of $250,000, plus incentive compensation with a target bonus of 10% of salary and an equity incentive of up to $1,400,000, value of Restricted Stock Units vesting ratably over seven years. The Executive is also given an annual expense stipend of $5,000, eligibility for employee benefits and specified paid leave. The initial term of the agreement is 24 months.
Robert C. Bohorad [Member]
Related Party Transaction [Line Items]
Shares granted				30,000,000
Share price				$ 0.006
Non-cash compensation				$ 180,000
Shares returned			30,000,000
Accrued compensation											$ 53,000
Due to related party							30,000		$ 30,000
Accrued expense							$ 5,000		$ 5,000

TEMPORARY EQUITY (Details Narrative) - USD ($)	12 Months Ended
TEMPORARY EQUITY (Details Narrative) - USD ($)	Oct. 31, 2023	Jun. 30, 2024	Dec. 31, 2023	Dec. 13, 2023	Aug. 25, 2023	May 01, 2023	Oct. 31, 2022	Jan. 18, 2019
Preferred stock to be issued amount			$ 357,022
Conversion price			$ 0.00035
Shares converted	1,020,062,029
Device Corp [Member]
Due from related party							$ 562,000
Repaid to related party							170,000
Due to related party							$ 392,000
Series A Preferred Stock [Member]
Preferred stock shares designate		10,000,000
Preferred stock par value				$ 3.00
Series A Preferred Stock [Member] \| Stock Purchase Agreement [Member]
Agreement amount								$ 250,000
Series A Preferred Stock [Member] \| Second Stock Purchase Agreement [Member]
Agreement amount						$ 250,000
Series B Preferred Stock [Member]
Preferred stock shares designate					5,000,000
Preferred stock par value					$ 0.0001

STOCKHOLDERS' DEFICIT (Details)	6 Months Ended
STOCKHOLDERS' DEFICIT (Details)	Jun. 30, 2024 USD ($) $ / shares shares
Equity [Abstract]
Number of warrants, Beginning \| shares	142,424,186
Weighted-Average Exercise Price, Beginning	$ 0.0003
Weighted-Average Remaining Contractual Term, warrant outstanding	6 years 4 months 13 days
Weighted-Average Grant Date Fair Value, Warrant Outstanding Beginning	$ 0.001
Aggregate Intrinsic Value, Warrants Beginning \| $	$ 142,277
Number of warrants, Issued \| shares	191,272,727
Weighted-Average Exercise Price, warrrant issued	$ 0.0003
Weighted-Average Remaining Contractual Term, warrant issued	7 years
Weighted-Average Grant Date Fair Value, Warrant issued	$ 0.0092
Aggregate Intrinsic Value, Warrants Issued \| $	$ 15,661,584
Number of warrants, Ending \| shares	333,696,913
Weighted-Average Exercise Price, Ending	$ 0.0003
Weighted-Average Remaining Contractual Term, warrant outstanding	5 years 11 months 1 day
Weighted-Average Grant Date Fair Value, Warrant outstanding Ending	$ 0.022
Aggregate Intrinsic Value, Warrants Ending \| $	$ 1,803,825

STOCKHOLDERS' DEFICIT (Details 1)	6 Months Ended
STOCKHOLDERS' DEFICIT (Details 1)	Jun. 30, 2024 USD ($) $ / shares shares
Equity [Abstract]
Number of Options, Beginning \| shares	611,214
Weighted-Average Exercise Price, Beginning	$ 1.00
Weighted-Average Remaining Contractual Term	9 years 9 months
Weighted-Average Grant Date Fair Value, Beginning	$ 0.004
Aggregate Intrinsic Value, Beginning \| $	$ 2,750
Number of Options, Issued \| shares
Weighted-Average Exercise Price
Weighted-Average Grant Date Fair Value
Aggregate Intrinsic Value \| $
Number of Options, Ending \| shares	611,214
Weighted-Average Exercise Price, Ending	$ 1.00
Weighted-Average Remaining Contractual Term	9 years 3 months
Weighted-Average Grant Date Fair Value, Ending	$ 0.004
Aggregate Intrinsic Value, Ending \| $	$ 2,750

STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)		1 Months Ended		3 Months Ended		6 Months Ended
STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)	May 15, 2024	Jan. 11, 2024	Aug. 25, 2023	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023	Dec. 13, 2023	Mar. 31, 2014
Class of Stock [Line Items]
Stock compensation					$ 45,000		$ 52,500
Common stock, shares authorized				2,500,000,000		2,500,000,000		2,500,000,000
Common stock, shares outstanding				384,088,943		384,088,943		349,488,710
Number of shares issued	34,600,233
Accrued interest	$ 8,035
Incurred conversion fees	$ 2,345
Issuance of warrant		163,333,333				191,272,727
Warrants exercised				$ 0.001		$ 0.001
Option issued						611,214
Option to purchase						611,214
Share price				$ 0.0045		$ 0.0045
Annualized volatility						352.00%
Discount rate						5.18%
Additional Paid-in Capital [Member]
Class of Stock [Line Items]
Warrants issued to investors						$ 475,838
Retained Earnings [Member]
Class of Stock [Line Items]
Preferred stock dividends Series C & D						351,096
Reach Out [Member]
Class of Stock [Line Items]
Stock compensation						$ 2,620,673
Mr. Richard Jordan [Member]
Class of Stock [Line Items]
Shares to be sold						475,000
Shares to be sold, value						$ 140,000
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock shares designated				10,000,000		10,000,000
Shares returned			0.0001
Preferred stock, shares authorized									8,750,000
Series C Preferred Stock [Member]
Class of Stock [Line Items]
Number of shares exchanged						8,750,000
Stock compensation						$ 291,186
Accrued dividend				$ 260,342		$ 260,342
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Accrued dividend										$ 12,397
Preferred stock, shares authorized				1,250,000		1,250,000
Stated value				$ 1.00		$ 1.00
Shares description						Security Purchase Agreement to issue Trillium Partners 1,000,000 shares of Series D Preferred Stock for a financing commitment and 250,000 shares to Everett Dickson as consideration for surrendering 4,525,000, shares of Series A Preferred Stock.
Acquisition costs						$ 475,693
Common Stock [Member]
Class of Stock [Line Items]
Common stock, shares authorized				2,500,000,000		2,500,000,000		2,500,000,000
Common stock, shares outstanding				349,488,710		349,488,710		349,488,710

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Operating lease at inception	$ 767,068	$ 767,068
Less accumulated reduction	(332,375)	(248,101)
Balance ROU asset	$ 434,392	$ 518,968

COMMITMENTS AND CONTINGENCIES (Details 1) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Total lease liabilities	$ 438,022	$ 519,223
Less: current portion	(158,074)	(171,315)
Lease liabilities, non-current	279,947	347,605
Right Of Use Asset [Member]
Operating lease liabilities at inception	767,068	767,068
Reduction of lease liabilities	(329,046)	(248,147)
Total lease liabilities	438,022	518,920
Less: current portion	(158,074)	(171,316)
Lease liabilities, non-current	$ 279,948	$ 347,605

COMMITMENTS AND CONTINGENCIES (Details 2) - USD ($)	Jun. 30, 2024	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Total minimum operating lease payments	$ 652,388	$ 707,347
Less discount to fair value	(214,366)	(188,124)
Total lease liability	$ 438,022	$ 519,223

COMMITMENTS AND CONTINGENCIES (Details 3)	Jun. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2024	$ 166,160
2025	166,502
2026	110,289
2027	116,928
2028	92,510
Total minimum non-cancelable operating lease payments	$ 652,388

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	1 Months Ended				6 Months Ended
	Sep. 29, 2023	Oct. 29, 2021	Oct. 31, 2020	Oct. 30, 2020	Jun. 30, 2024	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Right of Use Asset					$ 434,392	$ 518,968
Lease liability					438,022	$ 519,223
Right of Use Asset					$ 767,068
Discount rate					12.90%
Consultant fees					$ 10,000
Balance owed					500,000
Red Gear LLC [Member]
Defined Benefit Plan Disclosure [Line Items]
Monthly rent	$ 5,018		$ 1,350	$ 3,224
Escalation percentage	3.00%	3.00%	2.00%
Right of Use Asset	$ 232,940	$ 125,364	$ 61,590
Rent expense					100,091
Red Gears LLC [Member]
Defined Benefit Plan Disclosure [Line Items]
Monthly rent	$ 3,600
Escalation percentage	5.00%
Right of Use Asset	$ 173,076				$ 406,015
Reach Outs Subsidiary IND [Member]
Defined Benefit Plan Disclosure [Line Items]
Monthly rent	4,847
Right of Use Asset	174,076
Lease liability	$ 174,076

SUBSEQUENT EVENTS (Details Narrative) - USD ($)							1 Months Ended
SUBSEQUENT EVENTS (Details Narrative) - USD ($)	Dec. 01, 2024	Nov. 01, 2024	Oct. 02, 2024	Sep. 03, 2024	Aug. 01, 2024	Jul. 01, 2024	Jul. 31, 2023	Mar. 31, 2028	Mar. 31, 2027	Mar. 31, 2026	Mar. 31, 2025	Mar. 02, 2025	Jun. 30, 2024
Defined Benefit Plan Disclosure [Line Items]
Principal amount								$ 166,160	$ 166,160	$ 166,160	$ 631,778	$ 124,981	$ 1,254,879
Interest rate							9.50%
Frondeur Partners LLC [Member]
Defined Benefit Plan Disclosure [Line Items]
Principal amount	$ 10,000	$ 10,000	$ 10,000	$ 10,000	$ 10,000	$ 10,000
Interest rate	12.00%	12.00%	12.00%	12.00%	12.00%	12.00%
Maturity date	Aug. 31, 2025	Jul. 31, 2025	Jun. 30, 2025	May 31, 2025	Apr. 30, 2025	Mar. 31, 2025

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