10-K Filing

GIVEMEPOWER CORP CIK: 1064722 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001493152-22-010033`
Period End Date	20211231
Filing Date	20220415
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	form10-k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 28 Cash Flow Statement 37 Stockholders Equity 18

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.63K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.69K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.00	shares	Point-in-time
Investments - trading securities	`ShortTermInvestments`	$91.28K	USD	Point-in-time
Investments - trading securities	`ShortTermInvestments`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.00M	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$130.69K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$92.91K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$7.75K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Investments - real estate	`RealEstateHeldforsale`	$485.00K	USD	Point-in-time
Investments - real estate	`RealEstateHeldforsale`	$664.11K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.72M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.72M	shares	Point-in-time
Notes - Entrepreneurship Development	`DevelopmentInProcess`	$31.89K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.72M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.72M	shares	Point-in-time
Notes - Entrepreneurship Development	`DevelopmentInProcess`	-	USD	Point-in-time
Total assets	`Assets`	$764.77K	USD	Point-in-time
Total assets	`Assets`	$647.58K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$3.82K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$4.54K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$800.00	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$2.81K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	-	USD	Point-in-time
Marginal loan payable	`LoansPayableCurrent`	$115.00	USD	Point-in-time
Marginal loan payable	`LoansPayableCurrent`	-	USD	Point-in-time
Line of credit - related party, current portion	`LinesOfCreditCurrent`	$63.63K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$4.62K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$71.10K	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	$150.00K	USD	Point-in-time
Notes payable	`LongTermNotesPayable`	-	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesNoncurrent`	-	USD	Point-in-time
Notes payable - related party	`NotesPayableRelatedPartiesNoncurrent`	$315.39K	USD	Point-in-time
Line of credit - related party	`LongTermLineOfCredit`	$540.52K	USD	Point-in-time
Line of credit - related party	`LongTermLineOfCredit`	$414.00K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$690.52K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$729.39K	USD	Point-in-time
Total Liabilities	`Liabilities`	$761.63K	USD	Point-in-time
Total Liabilities	`Liabilities`	$734.00K	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares authorized, 1 issued and outstanding as at December 31, 2021 and 1,000,001 issued and outstanding as at December 31, 2020	`PreferredStockValue`	$3.00	USD	Point-in-time
Preferred stock, $.001 par value, 10,000,000 shares authorized, 1 issued and outstanding as at December 31, 2021 and 1,000,001 issued and outstanding as at December 31, 2020	`PreferredStockValue`	$1.01K	USD	Point-in-time
Common Stock, $0.001 par value, 50,000,000 shares authorized, 42,724,687 issued and outstanding as at December 31, 2021 and 2020.	`CommonStockValue`	$42.73K	USD	Point-in-time
Common Stock, $0.001 par value, 50,000,000 shares authorized, 42,724,687 issued and outstanding as at December 31, 2021 and 2020.	`CommonStockValue`	$42.73K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.31M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$6.31M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.44M	USD	Point-in-time
Minority Interest	`NonControllingInterest`	-	USD	Point-in-time
Minority Interest	`NonControllingInterest`	$59.00	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-86.43K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.14K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$647.58K	USD	Point-in-time
Total Liabilities and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$764.77K	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$700.38K	USD	Annual
Total Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25M	USD	Annual
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$722.34K	USD	Annual
Total cost of goods sold	`CostOfGoodsAndServicesSold`	$1.18M	USD	Annual
Gross profit	`GrossProfit`	$73.62K	USD	Annual
Gross profit	`GrossProfit`	$-21.96K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$25.76K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$67.21K	USD	Annual
Professional fees	`ProfessionalFees`	$22.43K	USD	Annual
Professional fees	`ProfessionalFees`	$73.06K	USD	Annual
Advertising and promotions	`MarketingAndAdvertisingExpense`	$6.63K	USD	Annual
Advertising and promotions	`MarketingAndAdvertisingExpense`	$16.23K	USD	Annual
Interest expense	`InterestExpense`	-	USD	Annual
Interest expense	`InterestExpense`	$2.96K	USD	Annual
Total operating expenses	`OperatingExpenses`	$159.46K	USD	Annual
Total operating expenses	`OperatingExpenses`	$54.82K	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-85.84K	USD	Annual
Income (loss) from operations	`OperatingIncomeLoss`	$-76.78K	USD	Annual
Dividends	`InvestmentIncomeDividend`	-	USD	Annual
Dividends	`InvestmentIncomeDividend`	$174.00	USD	Annual
Unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	-	USD	Annual
Unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$2.69K	USD	Annual
Net Income	`NetIncomeLoss`	$-76.78K	USD	Annual
Net Income	`NetIncomeLoss`	$-82.98K	USD	Annual
Earnings (loss) per Share: Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	Annual
Earnings (loss) per Share: Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.00	USD	Annual
Weighted Average Common Shares Outstanding: Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.72M	shares	Annual
Weighted Average Common Shares Outstanding: Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.72M	shares	Annual

Cash Flow Statement 37 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$-76.78K	USD	Annual
Net Income (Loss)	`NetIncomeLoss`	$-82.98K	USD	Annual
Inventory Asset: Trading Securities	`IncreaseDecreaseInInventories`	-	USD	Annual
Inventory Asset: Trading Securities	`IncreaseDecreaseInInventories`	$45.89K	USD	Annual
Depreciation	`Depreciation`	-	USD	Annual
Depreciation	`Depreciation`	$2.30K	USD	Annual
Other Accrued Liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$611.00	USD	Annual
Other Accrued Liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.55K	USD	Annual
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-76.17K	USD	Annual
Net Cash Flows Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-120.01K	USD	Annual
Entrepreneurship Development	`PaymentsToAcquireInProcessResearchAndDevelopment`	-	USD	Annual
Entrepreneurship Development	`PaymentsToAcquireInProcessResearchAndDevelopment`	$31.89K	USD	Annual
Payment for real estate investment	`PaymentsForProceedsFromRealEstateHeldforinvestment`	$-421.67K	USD	Annual
Payment for real estate investment	`PaymentsForProceedsFromRealEstateHeldforinvestment`	$-179.11K	USD	Annual
Crypto Currency Mining Rigs	`PaymentsToAcquireCryptoCurrencyMiningRigs`	$-7.50K	USD	Annual
Net Cash Flows from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$429.17K	USD	Annual
Net Cash Flows from Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$147.22K	USD	Annual
Proceeds from issuance of stocks	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of stocks	`ProceedsFromIssuanceOfCommonStock`	$55.70K	USD	Annual
Line of credit - short term - related party	`ProceedsFromLinesOfCredit`	$414.00K	USD	Annual
Line of credit - short term - related party	`ProceedsFromLinesOfCredit`	$268.23K	USD	Annual
Long term liabilities - related party	`RepaymentsOfRelatedPartyDebt`	$356.00K	USD	Annual
Long term liabilities - related party	`RepaymentsOfRelatedPartyDebt`	$643.69K	USD	Annual
New Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$58.00K	USD	Annual
New Cash Flows from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-319.76K	USD	Annual
Net Change in Cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$129.06K	USD	Annual
Net Change in Cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.60K	USD	Annual
Beginning cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$130.69K	USD	Point-in-time
Beginning cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.23K	USD	Point-in-time
Beginning cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.63K	USD	Point-in-time
Ending Cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$12.23K	USD	Point-in-time
Ending Cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.63K	USD	Point-in-time
Ending Cash:	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$130.69K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for interest	`InterestPaidNet`	-	USD	Annual
Cash paid for tax	`IncomeTaxesPaidNet`	-	USD	Annual
Cash paid for tax	`IncomeTaxesPaidNet`	-	USD	Annual

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-86.43K	USD	Point-in-time
Balance	`StockholdersEquity`	$3.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$379.00	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.40M	USD	Point-in-time
Restructuring adjustments	`RestructuringAdjustments`	$1.40M	USD	2 Qtrs
Issuances of common stock	`StockIssuedDuringPeriodValueNewIssues`	-	USD	2 Qtrs
Issuances of common stock	`StockIssuedDuringPeriodValueNewIssues`	$30.00K	USD	Annual
Issuances of preferred stock	`IssuancesOfPreferredStockDuringThePeriod`	$379.00	USD	2 Qtrs
Issuances of preferred stock	`IssuancesOfPreferredStockDuringThePeriod`	$3.00	USD	Annual
Acquisition of business	`AdjustmentsToAdditionalPaidInCapitalAcquisitionOfBusiness`	$55.68K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-76.78K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-82.98K	USD	Annual
Minority interest	`MinorityInterestChangeInRedemptionValue`	$59.00	USD	Annual
Sold 2 Subsidiaries	`StockIssuedDuringPeriodValueIssuedForServices1`	$-12.79K	USD	Annual
Balance	`StockholdersEquity`	$379.00	USD	Point-in-time
Balance	`StockholdersEquity`	$-86.43K	USD	Point-in-time
Balance	`StockholdersEquity`	$3.14K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.40M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.