Consulting Agreement

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

NOTE 12 - Consulting Agreement

During the period ended September 30, 2017, the Company entered into a consulting agreement, pursuant to which the Company will issue 12,500,000 common shares of the Company, upon written demand by the consultant, in exchange for consulting services for a period of 18 months. The fair value of the 12,500,000 common shares to be issued was estimated to be $375,000 and the Company has recorded this amount as prepaid expenses and share subscriptions payable as at September 30, 2017 as the shares had yet to be issued as at that date. The Company has also recorded professional fees expense of $8,929 during the period ended September 30, 2017 related to this agreement.