Evaluation of Subsequent Events

3 Months Ended

Mar. 31, 2019

Subsequent Events [Abstract]

Evaluation of Subsequent Events

9. Evaluation of Subsequent Events

The Company has evaluated subsequent events through May 31, 2019 which is the date the financial statements were available to be issued and the following events after March 31, 2019 occurred:

● On April 3, 2019, Steven Rossi was issued 13,583,397 shares of Franchise Holdings International, Inc. common stock as approved by the board of directors, due to a conversion of all 1,000,000 shares of his Series A Preferred stock.

● On April 2, 2019, Mr. Craig Loverock was appointed to our Board of Directors and as Chairman of our Audit Committee. Per the language in the Written Consent of Board of Directors dated April 2, 2019, Mr. Loverock shall be paid $1,000 CDN for each month of service as Director, and such payment shall be made quarterly. Mr. Loverock shall be eligible to participate in all employee compensations plans that are available to other Officers and Directors of the Corporation from time to time.

● On May 9, 2019, Franchise Holdings International, Inc. issued 1,680,084 common stock as approved by the board of directors to a consultant for services rendered.