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10. Related Party Transactions

9 Months Ended

Sep. 30, 2019

NOTE 10.

RELATED PARTY TRANSACTIONS

The following table sets forth the components of the Company’s related party liabilities on September 30, 2019, and December 31, 2018.

	September 30, 2019		December 31, 2018

Accounts payable and loan payable related party	$	199,140	$	28,758
Accrued expense - related party		444,591		150,000
Total accounts payable and accrued liabilities	$	643,731	$	178,758

Accrued expense related parties of $444,591 is comprised of bonuses and fees to current and former directors and officers of the Company. As of September 30, 2019, and December 31, 2018, there was $150,000 due to claims received from two former directors, which was purported to be accrued salaries arising out of services provided in 2015 and 2016. Management is in the process of reviewing these claims.

On April 1, 2018, the Company changed its principal place of business to 2 Park Plaza, Suite 1200 – B. Irvine, CA 92614. This space is provided to the Company on a twelve-month term by a company to which Mr. Nicosia, one of the Company’s directors, serves as Chief Executive Officer. The monthly rent at that location is $1,000, however, as of the date of this report, the Company has not made any rent payments and continues to accrue those amounts as accounts payable.

Effective in March 2019, the Company changed its principal place of business to Suite 206 1180 Sunset Drive, Kelowna, BC, Canada Z1Y 9W6, which the Company rents pursuant to an oral sublease from PLC International Investments Inc, a company owned and controlled by Dominic Colvin, the Company’s current CEO, President and a director. This location consists of approximately 500 sq. feet. The Company pays a monthly rent of $1,500 (CAD).

In addition to the office in Kelowna discussed above, effective March 22, 2019, the Company entered into a lease agreement to lease three offices at 888 3 St SW, Calgary, Alberta, Canada, T2P 5C5. The lease may be terminated by either party on 30 days’ notice. Rent is $4,000 CAD per month. This space was provided by a company to which, Mr. Orman, one of the Company’s directors, serves as a Director

On May 17, 2019, a Director of the Company provided an interest-free short term $75,000 loan to the Company which is included in accounts payable and loan payable related party of $199,140 for the period ended September 30, 2019.