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GDMK Global Diversified Marketing

Document And Entity Information

Document And Entity Information - USD ($)12 Months Ended
Dec. 31, 2020Feb. 28, 2021Jun. 30, 2020
Cover [Abstract]
Entity Registrant NameGlobal Diversified Marketing Group Inc.
Entity Central Index Key0001725911
Document Type10-K
Document Period End DateDec. 31,
2020
Amendment Flagfalse
Current Fiscal Year End Date--12-31
Entity Well-Known Seasoned IssuerNo
Entity Voluntary FilersNo
Entity Current Reporting StatusYes
Entity Interactive Data CurrentYes
Entity Filer CategoryNon-accelerated Filer
Entity Small Business Flagtrue
Entity Emerging Growth Companyfalse
Entity Shell Companyfalse
Entity Public Float $ 0
Entity Common Stock, Shares Outstanding13,575,376
Document Fiscal Period FocusFY
Document Fiscal Year Focus2020

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)Dec. 31, 2020Dec. 31, 2019
Current assets:
Cash and cash equivalents $ 62,555 $ 22,291
Accounts receivable134,570 52,284
Prepaid expenses31,444 34,176
Inventory350,615 224,375
Other assets10,890 4,384
Total current assets590,074 337,509
Property and equipment, net1,389 1,945
Operating lease right of use assets14,257 30,477
Other assets-security deposit1,600 1,600
Total assets607,320 371,531
Current liabilities:
Accounts payable and accrued expense472,514 332,059
Current portion of operating lease payable15,732 20,517
Government loans payable149,900
Loans payable20,540 98,471
Total current liabilities658,686 451,047
Government loans payable-long term
Long term liability- operating lease 15,732
Total liabilities658,686 466,779
Commitments and contingencies
Stockholders' Equity(Deficit):
Preferred stock, Series A $.0001 par value, 1,000,000 shares authorized, 1,000 issued and outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized;13,132,518 and 13,010,200 issued and outstanding as of December 31, 2020 and December 31, 2019, respectively1,423 1,301
Additional paid-in capital26,267,098 78,169
Accumulated deficit(26,329,779)(174,718)
Accumulated other comprehensive income9,892
Total stockholders' equity(deficit)(51,366)(95,248)
Total liabilities and equity $ 607,320 $ 371,531

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / sharesDec. 31, 2020Dec. 31, 2019
Statement of Financial Position [Abstract]
Series A preferred stock, par value$ .0001$ .0001
Series A preferred stock, authorized1,000,000 1,000,000
Series A preferred stock, issued1,000 1,000
Series A preferred stock, outstanding1,000 1,000
Common stock, par value $ 0.001 $ 0.001
Common stock, authorized100,000,000 100,000,000
Common stock, issued13,132,518 13,010,200
Common stock, outstanding13,132,518 13,010,200

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)12 Months Ended
Dec. 31, 2020Dec. 31, 2019
Income Statement [Abstract]
Sales, net $ 1,660,726 $ 1,317,092
Cost of goods sold999,911 946,090
Gross margin660,815 371,002
Operating expenses:
General and administrative expense -related party26,020,400
Payroll and taxes241,018 248,084
Legal and professional fees242,892 55,131
Rent16,225 28,896
General and administrative301,126 159,920
Total operating expenses26,821,661 492,031
Income (loss) from operations(26,160,846)(121,029)
Other (expense)
Interest expense(34,299)(29,955)
Miscellaneous income40,084
Total other (expense)5,785 (29,955)
Income (loss) before income taxes(26,155,061)(150,984)
Provision for income taxes (benefit)
Net loss $ (26,155,061) $ (150,984)
Basic and diluted earnings (loss) per common share $ (2) $ (0.01)
Weighted-average number of common shares outstanding:
Basic and diluted13,076,590 12,944,088
Comprehensive income (loss):
Net income(loss) $ (26,155,061) $ (150,984)
Unrealized gain on foreign exchange9,892
Comprehensive income (loss) $ (26,145,169) $ (150,984)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)Preferred Stock [Member]Common Stock [Member]Additional Paid-in Capital [Member]Retained Earnings (Deficit) [Member]Accumulated Other Comprehensive Income (Loss) [Member]Total
Balance at Dec. 31, 2018 $ 1,334 $ 77,966 $ (23,734) $ 55,566
Balance, shares at Dec. 31, 2018 13,340,200
Change in foreign currency translation
Private placement of common shares $ 17 153 170
Private placement of common shares, shares170,000
Common shares returned by founders $ (50)50
Common shares returned by founders, shares(500,000)
Net income (loss) (150,984) (150,984)
Balance at Dec. 31, 2019 $ 1,301 78,169 (174,718) (95,248)
Balance, shares at Dec. 31, 2019 13,010,200
Issuance of super voting preferred stock 26,020,400 26,020,400
Issuance of super voting preferred stock, shares1,000
Common stock issued for services $ 122 168,529 168,651
Common stock issued for services,shares122,318
Change in foreign currency translation 9,892 9,892
Net income (loss) (26,155,061) (26,155,061)
Balance at Dec. 31, 2020 $ 1,423 $ 26,267,098 $ (26,329,779) $ 9,892 $ (51,366)
Balance, shares at Dec. 31, 20201,000 13,132,518

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)12 Months Ended
Dec. 31, 2020Dec. 31, 2019
Cash flows from operating activities of continuing operations:
Net income (loss) $ (26,155,061) $ (150,984)
Adjustments to reconcile net loss to cash used in operating activities:
Depreciation556 556
Stock-based compensation -related party26,020,400
Common stock issued for services168,529
Changes in operating assets and liabilities:
Accounts receivable(82,286)(50,279)
Prepaid expenses2,732 (25,122)
Right of use assets16,220 (30,477)
Inventory(126,240)228,627
Other assets(6,507)(4,384)
Operating lease payable(20,517)36,250
Accounts payable and accrued expenses140,577 (25,850)
Net cash provided by (used in) operating activities(41,597)(21,663)
Cash flows from investing activities:
Purchase of fixed assets
Net cash provided by (used in) financing activities
Cash flows from financing activities:
Increase (decrease) in loans payable, net(77,931)22,269
Government loans-net149,900 170
Net cash provided by (used in) financing activities71,969 22,439
Effect of exchange rates on cash and cash and cash equivalents9,892
Net increase (decrease) in cash and cash equivalents40,264 776
Cash and cash equivalents at beginning of period22,291 21,515
Cash and cash equivalents at end of period62,555 22,291
Supplemental disclosure of cash flow information:
Cash paid for interest34,299 29,955
Cash paid for income taxes

Summary of Significant Accounti

Summary of Significant Accounting Policies12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting PoliciesNOTE 1 – SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES Nature of Business Global Diversified Marketing Group Inc. (the
“Company”), formerly known as Dense Forest Acquisition Corporation, was incorporated in Delaware on December 1, 2017,
and changed its name on June 13, 2018, as part of a change in control. As part of the change in control, its then officers and
directors resigned and contributed back to the Company 19,500,000 shares of the 20,000,000 outstanding shares of its common stock,
and appointed new officers and directors. On June 14, 2018, the new management of the Company issued 12.500,000 shares of its common
stock to Paul Adler, the then president of the Company. On November 26, 2018, the Company effected
the acquisition of Global Diversified Holdings, Inc. (“GDHI”), a private New York company owned by the Company’s
president, with the issuance of 200 shares of the Company’s common stock in exchange for all of the outstanding shares of
GDHI. GDHI became a wholly-owned subsidiary of the Company, and its activity for the years 2020 and 2019 is reflected in these
financial statements along with the expenses of the Company. Prior to the acquisition of GDHI, the Company
had no business and no operations. Pursuant to the acquisition, the Company acquired the operations and business plan of GDHI,
which imports and sells snack food products. For accounting purposes, GDHI is considered to be the acquirer, and the equity is
presented as if the business combination had occurred on January 1, 2017. Basis of Presentation The financial statements of the Company have
been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in
US dollars. Certain prior year amounts have been reclassified to conform to the presentation in the current year. The Company has
adopted a December 31 year-end. Principles of Consolidation The accompanying consolidated financial statements
include the accounts of the Company and its wholly-owned subsidiary. All intercompany accounts and transactions have been eliminated
in consolidation. Fair Value of Financial Instruments The Company’s financial instruments consist
of cash, accounts receivable from customers, accounts payable, and loans payable. The carrying amounts of these financial instruments
approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise
disclosed in these financial statements. Use of Estimates The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could
differ from those estimates. Stock-Based Compensation The Company accounts for stock-based compensation
using the fair value method following the guidance outlined in Section 718-10 of the FASB Accounting Standards Codification for
disclosure about Stock-Based Compensation. This Section requires a public entity to measure the cost of employee services received
in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That
cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the
requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees
do not render the requisite service. During the year ended December 31, 2020 and December 31, 2019 stock-based compensation was
$168,651 and $-0-, respectively. Cash and Cash Equivalents The Company considers all highly liquid investments
with the original maturities of three months or less to be cash equivalents. On December 31, 2020, and 2019, the Company had $62,555
and $22,291 of cash. Factoring The Company accounts for the transfer of our
accounts receivable to a third party under a factoring agreement in accordance with ASC 860-10-40-5 “ Transfers and Servicing Accounts Receivable Accounts receivable are generated from sales
of snack food products to retail outlets throughout the United States. The Company performs ongoing credit evaluations of its customers
and adjusts credit limits based on customer payment and current creditworthiness, as determined by review of their current credit
information. The Company continuously monitors credit limits for its customers and maintains a provision for estimated credit losses
based on its historical experience and any specific customer issues that have been identified. An allowance for doubtful; accounts
are provided against accounts receivable for amounts management believes may be uncollectible. The Company historically has not
had issues collecting on its accounts receivable from its customers. The Company factors certain of its receivables to improve
its cash flow. Bad debt expense for the years ended December
31, 2020, and 2019 was $5,327 and $0, respectively; the allowance for doubtful accounts on December 31, 2020, and 2019 was $0. Inventory Inventory consists of snack food products and
packaging supplies, and are stated at the lower of cost or market. Property and Equipment Property and equipment are stated at cost,
net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful life of the
assets. Maintenance, repairs, and renewals that do not materially add to the value of the equipment nor appreciably prolong its
useful life are charged to expense as incurred. Revenue Recognition Beginning January 1, 2018, the Company implemented
ASC 606, Revenue from Contracts with Customers. Although the new revenue standard is expected to have an immaterial impact, if
any, on our ongoing net income, we did implement changes to our processes related to revenue recognition and the control activities
within them. These included the development of new policies based on the five-step model provided in the new revenue standard,
ongoing contract review requirements, and gathering of information provided for disclosures. The Company recognizes revenue from product
sales or services rendered when control of the promised goods are transferred to our clients in an amount that reflects the consideration
to which we expect to be entitled in exchange for those goods and services. To achieve this core principle we apply the following
five steps: identify the contract with the client, identify the performance obligations in the contract, determine the transaction
price, allocate the transaction price to performance obligations in the contract and recognize revenues when or as the Company
satisfies a performance obligation. Advertising and Marketing Costs The Company’s policy regarding advertising
and marketing is to record the expense when incurred. The Company incurred advertising and marketing expenses of $93,805 and $19,422
during the years ended December 31, 2020, and 2019, respectively. Impairment of Long-Lived Assets The Company continually monitors events and
changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or
changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying
value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is
less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount
over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value
less costs to sell. Income Taxes Income taxes are computed using the asset and
liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the
differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted
tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence,
are not expected to be realized. The Company’s income tax returns are
open for examination for up to the past three years under the statute of limitations. There are no tax returns currently under
examination. Comprehensive Income The Company has established standards for reporting
and display of comprehensive income, its components, and accumulated balances. When applicable, the Company would disclose this
information on its Statement of Stockholders’ Equity. Comprehensive income comprises equity except those resulting from investments
by owners and distributions to owners. During the year ended December 31, 2020 the Company had a balance of $9,892 in accumulated
other comprehensive income which arose from unrealized gain due to foreign currency fluctuations. Basic Income (Loss) Per Share Basic income (loss) per share has been calculated
based on the weighted average number of shares of common stock outstanding during the period. Recent Accounting Pronouncements The Company does not expect the adoption of
recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial
position, or cash flow.

Going Concern

Going Concern12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going ConcernNOTE 2 GOING CONCERN As of December 31, 2020, the Company had cash
and cash equivalents of $62,555 and had negative stockholders equity of $51,366. Additionally, the Company had negative working
capital of $68,612. These conditions raise substantial doubt about the Company’s ability to continue as a going concern.
The consolidated financials have been prepared assuming that the Company will continue as a going concern and, accordingly, do
not include any adjustments that might result from the outcome of this uncertainty. If the Company is, in fact, unable to continue
as a going concern, the shareholders may lose some or all of their investment in the Company.

Capital Stock

Capital Stock12 Months Ended
Dec. 31, 2020
Equity [Abstract]
Capital StockNOTE 3 – CAPITAL STOCK The Company has 100,000,000 shares of $.0001
par value common stock authorized. The Company has 13,132,518 and 13,010,000 shares of common stock issued and outstanding as of
December 31, 2020, and December 31, 2019, respectively. During the year ended December 31, 2020, the Company issued the following
shares: On February 26, 2020, the Company issued 60,000
restricted common shares to a consultant and recorded a charge of $120,000. On July 30, 2020, the Company issued 12,000
restricted common shares to an investment banking firm and recorded a charge of $12,600. On August 14, 2020, the Company issued 30,000
shares to an investment banking firm and recorded a charge of $22,503. On August 19, 2020, the Company issued 15,000
restricted common shares to a consultant and recorded a charge of $11,252. On December 28, 2020 the Company issued 5,318
shares to a consultant and recorded a charge of $2,296. All of these charges were recorded as “professional
fees” on the Company’s Consolidated Statements of Operations during the nine months ended December 31, 2020. The Company has 20,000,000 shares of $.0001
par value preferred stock authorized. On February 24, 2020, the Company filed a Certificate of Designation for a class of preferred
stock designated Class A Super Voting Preferred Stock (“A Stock”). There are 1,000,000 shares of A Stock designated.
Each share of such stock shall vote with the common stock and have 100,000 votes. A Stock has no conversion, dividend, or liquidation
rights. Accordingly, the holders of A Stock will, by reason of their voting power, be able to control the affairs of the Company.
The Company has issued 1,000 shares of A Stock to Paul Adler, the company’s Chief Executive Officer, and majority shareholder
giving him effective voting control over the Registrant’s affairs for the foreseeable future. As a result of the issuance of super-voting
rights enabling him to vote 100,000,000 shares, Mr. Adler has effective voting control of approximately 99% of the Company. In
conjunction with the issuance of these 1,000 preferred shares, the Company recorded stock compensation expense, related party of
$26,020,400 during the year ended December 31, 2020.

Related Party Transactions

Related Party Transactions12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party TransactionsNOTE 4 – RELATED PARTY TRANSACTIONS During the years ended December 31, 2020, and
2019, the Company incurred salary expense of $210,000 and $198,000 respectively, related to services provided to it by its CEO.

Commitments and Contingencies

Commitments and Contingencies12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and ContingenciesNOTE 5 – COMMITMENTS AND CONTINGENCIES The Company entered into a 60-month lease agreement
on October 1, 2016, to rent office space. The lease requires monthly payments of $1,600 for the first 24 months and after that
increases by 3% each year, and contains one five year renewal option. Rental expenses under this lease for the years ended December
31, 2020, and 2019 was $16,225 and $28,896, respectively. The lease also required advance payment of $1,600 for the last month
of rent as well as a $1,600 security deposit. Future minimum lease payments due under this operating lease, including renewal periods,
are as follows:
Year ended December 31, 2021 15,732
Total minimum lease payments $ 15,372

Loans Payable

Loans Payable12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]
Loans PayableNOTE 6 – LOANS PAYABLE The Company had various loans outstanding on
December 31, 2020, and 2019 – all were short-term in nature, with varying rates of interest and fees, and no set minimum
monthly payments, as follows:
2020 2019
Credit Line - BlueVine 14,072 12,287
Credit Line – Loan Builder 6,468 86,184
Total loans payable $ 20,540 $ 98,471

Income Taxes

Income Taxes12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income TaxesNOTE 7 – INCOME TAXES For the period ended December 31, 2020, the
Company has incurred net losses and, therefore, has no tax liability. The net deferred tax asset generated by the loss carry-forward
has been fully reserved. The net operating loss carry forward is approximately 409,000 on December 31, 2020. The provision for Federal income tax consists
of the following on December 31, 2020, and 2019:
2020 2019
Federal income tax benefit attributable to:
Current Operations $ 33,990 $ 86,000
Less: NOL carryforward in 2020, and valuation allowance in 2019 (33,900 ) (86,000 )
Net provision for Federal income taxes $ - $ -

Concentrations

Concentrations12 Months Ended
Dec. 31, 2020
Risks and Uncertainties [Abstract]
ConcentrationsNOTE 8 – CONCENTRATIONS The Company does substantially all of its business
with 4 customers. These customers accounted for % and 91% of revenues for the years ended December 31, 2020, and 2019, respectively.
2020 2019
Customer A 34 29 %
Customer B 24 25 %
Customer C 22 20 %
Customer D 11 17 %
Total 91 % 91 %

Subsequent Events

Subsequent Events12 Months Ended
Dec. 31, 2020
Subsequent Events [Abstract]
Subsequent EventsNOTE 9 – SUBSEQUENT EVENTS In accordance with ASC 855-10, the Company
has analyzed its operations subsequent to December 31, 2020, to the date these financial statements were issued, and has determined
that it does not have any other material subsequent events to disclose in these financial statements.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]
Nature of BusinessNature of Business Global Diversified Marketing Group Inc. (the
“Company”), formerly known as Dense Forest Acquisition Corporation, was incorporated in Delaware on December 1, 2017,
and changed its name on June 13, 2018, as part of a change in control. As part of the change in control, its then officers and
directors resigned and contributed back to the Company 19,500,000 shares of the 20,000,000 outstanding shares of its common stock,
and appointed new officers and directors. On June 14, 2018, the new management of the Company issued 12.500,000 shares of its common
stock to Paul Adler, the then president of the Company. On November 26, 2018, the Company effected
the acquisition of Global Diversified Holdings, Inc. (“GDHI”), a private New York company owned by the Company’s
president, with the issuance of 200 shares of the Company’s common stock in exchange for all of the outstanding shares of
GDHI. GDHI became a wholly-owned subsidiary of the Company, and its activity for the years 2020 and 2019 is reflected in these
financial statements along with the expenses of the Company. Prior to the acquisition of GDHI, the Company
had no business and no operations. Pursuant to the acquisition, the Company acquired the operations and business plan of GDHI,
which imports and sells snack food products. For accounting purposes, GDHI is considered to be the acquirer, and the equity is
presented as if the business combination had occurred on January 1, 2017.
Basis of PresentationBasis of Presentation The financial statements of the Company have
been prepared in accordance with generally accepted accounting principles in the United States of America and are presented in
US dollars. Certain prior year amounts have been reclassified to conform to the presentation in the current year. The Company has
adopted a December 31 year-end.
Principles of ConsolidationPrinciples of Consolidation The accompanying consolidated financial statements
include the accounts of the Company and its wholly-owned subsidiary. All intercompany accounts and transactions have been eliminated
in consolidation.
Fair Value of Financial InstrumentsFair Value of Financial Instruments The Company’s financial instruments consist
of cash, accounts receivable from customers, accounts payable, and loans payable. The carrying amounts of these financial instruments
approximates fair value due either to length of maturity or interest rates that approximate prevailing market rates unless otherwise
disclosed in these financial statements.
Use of EstimatesUse of Estimates The preparation of financial statements in
conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could
differ from those estimates.
Stock-based CompensationStock-Based Compensation The Company accounts for stock-based compensation
using the fair value method following the guidance outlined in Section 718-10 of the FASB Accounting Standards Codification for
disclosure about Stock-Based Compensation. This Section requires a public entity to measure the cost of employee services received
in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). That
cost will be recognized over the period during which an employee is required to provide service in exchange for the award- the
requisite service period (usually the vesting period). No compensation cost is recognized for equity instruments for which employees
do not render the requisite service. During the year ended December 31, 2020 and December 31, 2019 stock-based compensation was
$168,651 and $-0-, respectively.
Cash and Cash EquivalentsCash and Cash Equivalents The Company considers all highly liquid investments
with the original maturities of three months or less to be cash equivalents. On December 31, 2020, and 2019, the Company had $62,555
and $22,291 of cash.
FactoringFactoring The Company accounts for the transfer of our
accounts receivable to a third party under a factoring agreement in accordance with ASC 860-10-40-5 “ Transfers and Servicing
Accounts ReceivableAccounts Receivable Accounts receivable are generated from sales
of snack food products to retail outlets throughout the United States. The Company performs ongoing credit evaluations of its customers
and adjusts credit limits based on customer payment and current creditworthiness, as determined by review of their current credit
information. The Company continuously monitors credit limits for its customers and maintains a provision for estimated credit losses
based on its historical experience and any specific customer issues that have been identified. An allowance for doubtful; accounts
are provided against accounts receivable for amounts management believes may be uncollectible. The Company historically has not
had issues collecting on its accounts receivable from its customers. The Company factors certain of its receivables to improve
its cash flow. Bad debt expense for the years ended December
31, 2020, and 2019 was $5,327 and $0, respectively; the allowance for doubtful accounts on December 31, 2020, and 2019 was $0.
InventoryInventory Inventory consists of snack food products and
packaging supplies, and are stated at the lower of cost or market.
Property and EquipmentProperty and Equipment Property and equipment are stated at cost,
net of accumulated depreciation. Depreciation is calculated using the straight-line method over the estimated useful life of the
assets. Maintenance, repairs, and renewals that do not materially add to the value of the equipment nor appreciably prolong its
useful life are charged to expense as incurred.
Revenue RecognitionRevenue Recognition Beginning January 1, 2018, the Company implemented
ASC 606, Revenue from Contracts with Customers. Although the new revenue standard is expected to have an immaterial impact, if
any, on our ongoing net income, we did implement changes to our processes related to revenue recognition and the control activities
within them. These included the development of new policies based on the five-step model provided in the new revenue standard,
ongoing contract review requirements, and gathering of information provided for disclosures. The Company recognizes revenue from product
sales or services rendered when control of the promised goods are transferred to our clients in an amount that reflects the consideration
to which we expect to be entitled in exchange for those goods and services. To achieve this core principle we apply the following
five steps: identify the contract with the client, identify the performance obligations in the contract, determine the transaction
price, allocate the transaction price to performance obligations in the contract and recognize revenues when or as the Company
satisfies a performance obligation.
Advertising and Marketing CostsAdvertising and Marketing Costs The Company’s policy regarding advertising
and marketing is to record the expense when incurred. The Company incurred advertising and marketing expenses of $93,805 and $19,422
during the years ended December 31, 2020, and 2019, respectively.
Impairment of Long-Lived AssetsImpairment of Long-Lived Assets The Company continually monitors events and
changes in circumstances that could indicate carrying amounts of long-lived assets may not be recoverable. When such events or
changes in circumstances are present, the Company assesses the recoverability of long-lived assets by determining whether the carrying
value of such assets will be recovered through undiscounted expected future cash flows. If the total of the future cash flows is
less than the carrying amount of those assets, the Company recognizes an impairment loss based on the excess of the carrying amount
over the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying amount or the fair value
less costs to sell.
Income TaxesIncome Taxes Income taxes are computed using the asset and
liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined based on the
differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted
tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence,
are not expected to be realized. The Company’s income tax returns are
open for examination for up to the past three years under the statute of limitations. There are no tax returns currently under
examination.
Comprehensive IncomeComprehensive Income The Company has established standards for reporting
and display of comprehensive income, its components, and accumulated balances. When applicable, the Company would disclose this
information on its Statement of Stockholders’ Equity. Comprehensive income comprises equity except those resulting from investments
by owners and distributions to owners. During the year ended December 31, 2020 the Company had a balance of $9,892 in accumulated
other comprehensive income which arose from unrealized gain due to foreign currency fluctuations.
Basic Income (Loss) Per ShareBasic Income (Loss) Per Share Basic income (loss) per share has been calculated
based on the weighted average number of shares of common stock outstanding during the period.
Recent Accounting PronouncementsRecent Accounting Pronouncements The Company does not expect the adoption of
recently issued accounting pronouncements to have a significant impact on the Company’s results of operations, financial
position, or cash flow.

Commitments and Contingencies (

Commitments and Contingencies (Tables)12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments of Operating Lease LiabilityFuture minimum lease payments due under this
operating lease, including renewal periods, are as follows:
Year ended December 31, 2021 15,732
Total minimum lease payments $ 15,372

Loans Payable (Tables)

Loans Payable (Tables)12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Loans OutstandingThe Company had various loans outstanding on
December 31, 2020, and 2019 – all were short-term in nature, with varying rates of interest and fees, and no set minimum
monthly payments, as follows:
2020 2019
Credit Line - BlueVine 14,072 12,287
Credit Line – Loan Builder 6,468 86,184
Total loans payable $ 20,540 $ 98,471

Income Taxes (Tables)

Income Taxes (Tables)12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]
Statement of Provision for Federal Income TaxThe provision for Federal income tax consists
of the following on December 31, 2020, and 2019:
2020 2019
Federal income tax benefit attributable to:
Current Operations $ 33,990 $ 86,000
Less: NOL carryforward in 2020, and valuation allowance in 2019 (33,900 ) (86,000 )
Net provision for Federal income taxes $ - $ -

Concentrations (Tables)

Concentrations (Tables)12 Months Ended
Dec. 31, 2020
Risks and Uncertainties [Abstract]
Schedule of Concentration of RiskThe Company does substantially all of its business
with 4 customers. These customers accounted for % and 91% of revenues for the years ended December 31, 2020, and 2019, respectively.
2020 2019
Customer A 34 29 %
Customer B 24 25 %
Customer C 22 20 %
Customer D 11 17 %
Total 91 % 91 %

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details Narrative) - USD ($)Nov. 26, 2018Jun. 14, 2018Jun. 13, 2018Dec. 31, 2020Dec. 31, 2019
Entity incorporation, date of incorporationDec. 1,
2017
Entity incorporation, state or country codeDE
Common stock share outstanding13,132,518 13,010,200
Stock-based compensation $ 168,651 $ 0
Cash and cash equivalents62,555 22,291
Loan payable - due to factors20,540 98,471
Bad debts expense5,327 0
Allowance for doubtful accounts0 0
Advertising and marketing expenses $ 93,805 19,422
Income tax examination, descriptionThe Company's income tax returns are open for examination for up to the past three years under the statute of limitations. There are no tax returns currently under examination.
Unrealized gain due to foreign currency fluctuations $ 9,892
Global Diversified Holdings, Inc. [Member]
Number of shares issued during period200
Paul Adler [Member]
Number of shares issued during period12,500,000
Common Stock [Member]
Stock redeemed or called during period, shares19,500,000
Common stock share outstanding20,000,000
Number of shares issued during period170,000
Unrealized gain due to foreign currency fluctuations

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)12 Months Ended
Dec. 31, 2020Dec. 31, 2019Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash and cash equivalents $ 62,555 $ 22,291
Stockholders equity(51,366) $ (95,248) $ 55,566
Working capital $ (68,612)

Capital Stock (Details Narrativ

Capital Stock (Details Narrative)Dec. 28, 2020USD ($)sharesAug. 19, 2020USD ($)sharesAug. 14, 2020USD ($)sharesJul. 30, 2020USD ($)sharesFeb. 26, 2020USD ($)sharesFeb. 24, 2020sharesDec. 31, 2020USD ($)$ / sharessharesDec. 31, 2019USD ($)$ / sharesshares
Common stock, shares authorized100,000,000 100,000,000
Common stock, value per share | $ / shares $ 0.001 $ 0.001
Common stock, shares issued13,132,518 13,010,200
Common stock, shares outstanding13,132,518 13,010,200
Professional fees | $ $ 242,892 $ 55,131
Preferred stock, shares authorized1,000,000 1,000,000
Preferred stock, value per share | $ / shares$ .0001$ .0001
Series A preferred stock, issued1,000 1,000
Issuance of super voting preferred stock, shares1,000
Compensation expense-related party | $ $ 26,020,400
Class A Super Voting Preferred Stock [Member]
Preferred stock, shares authorized1,000,000
Common stock voting rightsEach share of such stock shall vote with the common stock and have 100,000 votes.
Preferred Stock [Member]
Preferred stock, shares authorized20,000,000
Preferred stock, value per share | $ / shares $ 0.0001
Consultant [Member]
Number of shares issued for services5,318 15,000 60,000
Professional fees | $ $ 2,296 $ 11,252 $ 120,000
Investment Banking Firm [Member]
Number of shares issued for services30,000 12,000
Professional fees | $ $ 22,503 $ 12,600
Paul Adler [Member]
Preferred stock voting rightsThe issuance of super-voting rights enabling him to vote 100,000,000 shares.
Preferred stock voting rights percentage0.99
Paul Adler [Member] | Class A Super Voting Preferred Stock [Member]
Series A preferred stock, issued1,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)12 Months Ended
Dec. 31, 2020Dec. 31, 2019
Related Party Transactions [Abstract]
Salary expense, CEO $ 210,000 $ 198,000

Commitments and Contingencies_2

Commitments and Contingencies (Details Narrative) - USD ($)Oct. 01, 2016Dec. 31, 2020Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Lease term60 months
Monthly payments $ 1,600
Lease descriptionThe lease requires monthly payments of $1,600 for the first 24 months and after that increases by 3% each year, and contains one five year renewal option.
Renewal term5 years
Rent expenses $ 16,225 $ 28,896
Advance payment1,600
Security deposit $ 1,600 $ 1,600

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Future Minimum Lease Payments of Operating Lease Liability (Details)Dec. 31, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
Year ended December 31, 2021 $ 15,732
Total minimum lease payments $ 15,732

Loans Payable - Schedule of Loa

Loans Payable - Schedule of Loans Outstanding (Details) - USD ($)Dec. 31, 2020Dec. 31, 2019
Total loans payable $ 20,540 $ 98,471
Credit Line - Blue Vine [Member]
Total loans payable14,072 12,287
Loan Builder [Member]
Total loans payable $ 6,468 $ 86,184

Income Taxes (Details Narrative

Income Taxes (Details Narrative)Dec. 31, 2021USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carry forward $ 409,000

Income Taxes - Statement of Pro

Income Taxes - Statement of Provision for Federal Income Tax (Details) - USD ($)12 Months Ended
Dec. 31, 2020Dec. 31, 2019
Income Tax Disclosure [Abstract]
Current Operations $ 33,990 $ 86,000
Less: NOL carryforward in 2020, and valuation allowance in 2019(33,900)(86,000)
Net provision for Federal income taxes

Concentrations (Details Narrati

Concentrations (Details Narrative) - Customers12 Months Ended
Dec. 31, 2020Dec. 31, 2019
Number of customers4 4
Sales Revenue [Member]
Concentration risk, percentage91.00%91.00%

Concentrations - Schedule of Co

Concentrations - Schedule of Concentration of Risk (Details) - Sales Revenue [Member]12 Months Ended
Dec. 31, 2020Dec. 31, 2019
Concentration risk, percentage91.00%91.00%
Customer A [Member]
Concentration risk, percentage34.00%29.00%
Customer B [Member]
Concentration risk, percentage24.00%25.00%
Customer C [Member]
Concentration risk, percentage22.00%20.00%
Customer D [Member]
Concentration risk, percentage11.00%17.00%