General form of registration statement for all companies including face-amount certificate companies

Inventories

v3.21.1
Inventories
 3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Inventory Disclosure [Abstract]    
Inventories

NOTE 3 - INVENTORIES

 

At March 31, 2021 and December 31, 2020, inventories consisted of the following:

 

    March 31, 2021     December 31, 2020  
Finished goods   $ 600,912     $ 361,422  
Less reserve for obsolete inventory     -       -  
Total   $ 600,912     $ 361,422  

 

For the three months ended March 31, 2021 and the year ended December 31, 2020, the Company did not make any change for reserve for obsolete inventory.

NOTE 3 – INVENTORIES

 

At December 31, 2020 and 2019, inventories consisted of the following:

 

    December 31, 2020     December 31, 2019  
Finished goods   $ 361,422     $ 366,298  
                 
Less reserve for obsolete inventory     -       -  
Total   $ 361,422     $ 366,298  

 

For the years ended December 31, 2020 and 2019, the Company did not make any change for reserve for obsolete inventory.