Annual report pursuant to Section 13 and 15(d)

Segment Data (Tables)

v3.21.1
Segment Data (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Information

The following tables present segment information for the year ended December 31, 2020 and 2019:

 

    For the Year ended December 31, 2020     For the Year ended December 31, 2019  
    Real Estate Development     Fashion
(e-commerce)
    Corporate(1)     TOTAL     Real Estate Development     Fashion
(e-commerce)
    Corporate(1)     TOTAL  
Revenues   $ 632,628     $ 3,161     $ -     $ 635,789     $ 1,272,772     $ 11,665     $ -     $ 1,284,437  
Revenues from Foreign Operations   $ 632,628     $ -     $ -     $ 632,628     $ 1,272,772     $ -     $ -     $ 1,272,772  
Depreciation and Amortization   $ 127,692     $ 2,147     $ 40,350     $ 170,189     $ 146,398     $ 1,901     $ 48,139     $ 196,438  
Loss from Operations   $ (1,162,615 )   $ (745,298 )   $ (3,458,013 )   $ (5,365,926 )   $ (1,469,438 )   $ (1,230,285 )   $ (3,998,411 )   $ (6,698,134 )
Interest Expense, net   $ 60,986     $ 7,010     $ 177,178     $ 245,174     $ 192,060     $ 47,034     $ 121,319     $ 360,413  
Net Loss   $ (1,040,681 )   $ (752,308 )   $ (3,988,694 )   $ (5,781,683 )   $ (1,559,766 )   $ (1,277,319 )   $ (4,119,730 )   $ (6,956,815 )
Capital Expenditures   $ 116,033     $ (1,360 )   $ 781     $ 115,454     $ 129,325     $ 9,946     $ -     $ 139,271  
Total Property and Equipment, net   $ 2,855,444     $ 4,538     $ 240     $ 2,860,222     $ 2,866,861     $ 8,044     $ 39,810     $ 2,914,715  
Total Property and Equipment, net in Foreign Countries   $ 2,855,444     $ -     $ -     $ 2,855,444     $ 2,866,861     $ -     $ -     $ 2,866,861  
Total Assets   $ 5,064,401     $ 238,491     $ 667,644     $ 5,970,536     $ 5,020,788     $ 286,658     $ 612,914     $ 5,920,360