BLUEFIRE EQUIPMENT CORPORATION BLUEFIRE EQUIPMENT CORPORATION
(BLFR)
ANNUAL REPORT
FOR THE YEAR ENDING DECEMBER 31, 2021
March 31, 2022
487 Ouellette Avenue
Windsor
ON N9 AJ2, Canada
BLUEFIRE EQUIPMENT CORPORATION
ANNUAL REPORT
FOR THE YEAR ENDING DECEMBER 31, 2021
(Unaudited)
Index
Condensed Consolidated Unaudited Financial Statements
3
Condensed Consolidated Unaudited Balance Sheet as at December 31, 2021 and 2020
3
Condensed Consolidated Unaudited Statement of Operations for the Year Ending December 31, 2021 and 2020
4
Condensed Unaudited Statement of Changes in Stockholders' Equity for the Year Ending December 31, 2021 and 2020
5
Condensed Consolidated Unaudited Statement of Cash Flow for the Year Ending December 31, 2021 and 2020
6
Notes to the Condensed Consolidated Unaudited Financial Statements 7
Balance Sheet
Notes
As at | As at |
December 31, | December 31, |
2021 | 2020 |
ASSETS
Current assets
Cash and cash equivalents Inventory
2
$
- -$
- -TOTAL ASSETS
$
-$
-LIABILITIES & STOCKHOLDERS' DEFICIT
Current liabilities
Accrued expenses
$
5,000
$
-
Loans & notes payable, short-term or current Derivative liability
4
- -338,837 -TOTAL LIABILITIES
$
5,000
$
338,837
STOCKHOLDERS' DEFICIT
Preferred stock Series B: par value $0.0001, 50,000,000 authorized and 1,000,000 issued and outstanding at December 31, 2021 and December 31, 2020
5
100
100
Common stock: par value $0.0001, 2,000,000,000 authorized and 33,947,368 issued and outstanding at December 31, 2021 and December 31, 2020
5
3,395
3,395
Additional paid-in capital
Stock subscribed for Accumulated deficit
91,739 - (100,234)
91,739 675,384 (1,109,455)
Revenues
Cost of goods sold
$
- - -
$
- -
Gross profit
-
Operating expenses
Selling, general & administrative expenses Bad debt provision
Depreciation & amortization
5,000 - -
- - -
Total operating expenses
5,000
Income (loss) from operations
(5,000)
- -
Other income (expenses) Financing costs
Gain (loss) on revaluation of derivative liability Other income (expenditure) net
(16,526)
- 1,030,747
(22,581)
- -
Statement of Changes in Stockholders' Equity
AdditionalPreferred Stock
Common StockNumber
Value
Number
ValuePaid-in CapitalAccumulated Surplus (Deficit)Total
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BlueFire Equipment Corporation published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 23:28:11 UTC.
