EWorld : Unaudited Fianancial Statement

eWorld Companies, Inc.

(a development stage company)

Balance Sheets

(Unaudited)

ASSETS				March 31, 2022				December 31, 2021
Current Assets:
Cash and cash equivalents	$	1,596	$	1,656
Inventory			2,800		2,800
Total Current Assets			4,396					4,456
Intangible Assets		2,069,011				2,069,011
Total Assets	$		2,073,407			$		2,073,467

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current Liabilities:
Accrued expenses	$	2,607,135	$	2,607,135
Shares to be issued		1,230,156			1,230,156
Loans payable		1,452,184			1,443,784
Derivative Liability		-			5,710,108
Convertible note payable
		98,800							98,800
Total Current Liabilities
		5,388,275						11,089,983
Long term loan payable
		127,400							127,400
Stockholders' Deficit:
Preferred stock, $0.001 par value; 100,000,000 shares authorized;
36,528,797 shares issued and outstanding		36,529			36,529
Common stock; $0.001 par value; 12,000,000,000 shares authorized;
11,021,317,962 shares issued and outstanding		11,021,318			11,021,318
Additional paid in capital		231,779,557			231,779,557
Accumulated deficit
			(246,279,672)								(251,981,320)
Total Stockholders' Deficit			(3,442,268)
										(9,143,916)
Total Liabilities and Stockholders' Deficit	$		2,073,407		$
											2,073,467

(See accompanying notes to unaudited financial statements)

eWorld Companies, Inc.

(a development stage company)

Statements Of Operations

For The Three Months Ended March 31, 2022 and 2021

(Unaudited)

					2022				2021
Net Revenue			$	-	$	-
Cost of Revenue					-			-
	Gross Profit									-
				-
Operating Expenses
General and administrative expenses		8,460
				58,9
										19
Consulting expenses
Total operating expenses
	8,460				58,9
										19
Loss From Operations
	(8,460)			(58,919)
Other Income
Interest expense		-			784
Change in derivative liability		(5,710,108)			8,094,275
Total other expenses
	(5,710,108)			8,095,059
Net income (loss)		$					$
				5,701,648			(8,153,978)
Basic & diluted net loss per share		$					$
				0.00			(0.00)
Weighted average number of shares outstanding- basic & diluted		11,021,317,962			11,021,317,962

(See accompanying notes to unaudited financial statements)

eWorld Companies, Inc.

(a development stage company)

Statements Of Cash Flows

For The Three Months Ended March 31, 2022 and 2021

(Unaudited)

CASH FLOWS FROM OPERATING ACTIVITIES		2022			2021
Net loss	$	5,701,648		$	(8,153,978)
Adjustments to reconcile net loss to net cash
used in operating activities:
Change in derivative liability		(5,710,108)			8,094,275
Increase in accrued expenses		-			784
Expenses paid by lender		8,400
Net cash used in operating activities		(60)			(58,919)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from SBA loan		-			58,800
Net cash flow from financing activities
	-			58,800
Net decrease in cash and cash equivalents
	(60)			(119)
Cash and cash equivalents, beginning of the period		1,656			1,705
Cash and cash equivalents, end of period
$	1,596		$	1,586
SUPPLEMENTAL DISCLOSURES:
Cash paid during the period
for:	$	-		$	-
Interest
Taxes	$				$
-		-

(See accompanying notes to unaudited financial statements)

eWo rld Com pani es, Inc.

Stat eme nt Of Cha nges in Stoc khol ders

'

Equi

ty

For

The Peri od End ed Mar ch 31, 2022 (Una udit ed)

													Addit				Total
													ional
				Comm				Preferred Stock			Paid-	Accu			Stock
			Sh	on		Amou	Shares			in	mulat		holde
			are	Stock		nt	Amount			Capit	ed			rs'
			s
												al	Defici		Defici
															t			t
Balance as of December 31, 2020	11,021,317,962				11,021,318			36,528,797			36,529
231,779,557			(246,048,465)				(11,251,952)
Net loss for the year ended December 31, 2021			-				-			-			-			-
(5,932,855)				(5,932,855)
Balance as of December 31, 2021	11,021,317,962				11,021,318			36,528,797			36,529
231,779,557			(251,981,320)				(17,184,807)
Net lincome for the three months ended March 31, 2022			-				-			-			-			-
5,701,648				5,701,648
Balance as of March 31, 2022	11,021,317,962	$		11,021,318			36,528,797	$		36,529	$
231,779,557	$		(246,279,672)	$			(11,483,159)

(See accompanying notes to unaudited financial statements)

(See accompanying notes to unaudited financial statements)