Related Party Transactions

6 Months Ended

Jun. 30, 2021

Related Party Transactions [Abstract]

Related Party Transactions

7. Related Party Transactions

During the six months ended June 30, 2021, the Company recorded salaries expense of $77,026 (2020 - $31,837) related to services rendered to the Company by its CEO.

During the six months ended June 30, 2021 the Company repaid $36,494 to the Company’s CEO and director. During the same period the Company’s CEO and director paid on behalf of the Company’s operating expense of $10,563 for a total net transaction $25,931. As of June 30, 2021 the Company has a receivable from related party of $2,538.

During the six months ended June 30, 2021 the Company paid a director of the Company $50,000 for services rendered from 2015 to 2020.

During the six months ended June 30, 2021, the Company paid $59,203 to a U.S.-based corporation which the Company’s CEO and director is also a stockholder.