Annual report pursuant to Section 13 and 15(d)

EQUITY TRANSACTIONS

v3.23.1
EQUITY TRANSACTIONS
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
EQUITY TRANSACTIONS

NOTE 15 – EQUITY TRANSACTIONS

 

2022 Common Stock Transactions

 

During the year ended December 31, 2022, no new equity transactions have occurred.

 

 

 

2021 Common Stock Transactions

 

During the year ended December 31, 2021, no new equity transactions have occurred.

 

Non-controlling Interest

 

The non-controlling interest presented in our condensed consolidated financial statements reflects a 46% non-controlling equity interest in PWS, a 49% non-controlling equity interest in PelleChar, and a 15% non-controlling interest in Benefuels. Net losses attributable to non-controlling interest, as reported on our condensed consolidated statements of operations, represents the net loss of each entity attributable to the non-controlling equity interest. The non-controlling interest is reflected within stockholders’ equity on the condensed consolidated balance sheet.

 

Warrants

 

In 2022 and 2021, no warrants were issued.

 

A summary of warrant activity for the years ended December 31, 2022, and December 31, 2021, is presented as follows:

                Weighted  
    Weighted           Average  
    Average           Remaining  
    Exercise     Number of     Contractual  
    Price     Warrants     Term in Years  
                   
Balance as of December 31, 2020   $ 0.74       271,000       1.5  
                         
Granted     -       -          
Exercised     -       -          
Cancelled     0.85       (71,000 )        
      -                  
Balance as of December 31, 2021   $ 0.70       200,000       0.7  
                         
Granted     -       -          
Exercised     -       -          
Cancelled     -       -          
      -                  
Balance as of December 31, 2022   $ 0.70       200,000       0.3  
                         
Vested and exercisable as of December 31, 2022   $ 0.70       200,000       0.3