For the quarter ending 2026-03-31, GAMG has $10,105,617 in assets. $10,464,360 in debts. $27,394 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Cash and bank | 27,394 | 49,077 | ||
| Due from related party | 22,011 | 0 | ||
| Subscription receivable | 0 | 0 | ||
| Prepayment(insurance) | 30,280 | 45,658 | ||
| Notes receivable from officer (including accrued interest) | 20,463 | 14,463 | ||
| Total current assets | 100,148 | 109,198 | ||
| Escrow holdback - | - | 1,606,494 | ||
| Escrow holdback | 1,518,532 | - | ||
| Ppe (net) | 7,623,736 | 7,643,034 | ||
| Construction in progress | 653,962 | 577,510 | ||
| Deferred financing costs | 209,239 | 266,539 | ||
| Total assets | 10,105,617 | 10,202,775 | ||
| Accounts payable and accrued expenses | 37,561 | 4,000 | ||
| Due to related parties | 28,925 | 28,925 | ||
| Loans payable to officers | 308,538 | 98,302 | ||
| Note payables dan-sydner | 21,830 | 21,830 | ||
| Accrued interest payable | 69,860 | 34,953 | ||
| Security deposit held | 8,022 | 8,022 | ||
| Notes payables | 0 | 0 | ||
| Total current liabilities | 474,735 | 196,032 | ||
| Mortgage debt | 9,989,625 | 9,989,625 | ||
| Total other liabilities | 9,989,625 | 9,989,625 | ||
| Total liabilities | 10,464,360 | 10,185,657 | ||
| Common stock, par value .01 - authorized 1,000,000,000 shares, 340,152,858 shares issued and outstanding, respectively | 3,401,528 | 3,390,729 | ||
| Additional paid-in-capital | 36,553,364 | 36,563,153 | ||
| Accumulated deficit | -40,313,635 | -39,936,764 | ||
| Non controlling interest | 0 | 0 | ||
| Total stockholders' equity | -358,743 | 17,118 | ||
| Total liabilities and stockholders' equity | 10,105,617 | 10,202,775 | ||
Global Asset Management Group, Inc. (GAMG)
Global Asset Management Group, Inc. (GAMG)