Note 4 - Prepaid Expenses

12 Months Ended

Dec. 31, 2017

Notes to Financial Statements

Prepaid Assets [Text Block]

4. Prepaid expenses

During the year ended

December 31, 2016,

the Company had prepaid for future development expenses for Garfield's Bingo and Trophy Bingo. As at

August 31, 2016,

Roadhouse Interac

tive Limited, the Company's outsourced developer of Trophy Bingo and Garfield's Bingo was placed in receivership. The Company immediately hired the key developers to continue development of the Company's products in-house.  Shoal Games owned all the source code and art works for the Company's products.

	2016
Prepaid development paid	$	863,660
Expensed during the year		(364,869	)
Loss on prepaid development		(498,791	)
Net prepaid development	$	-

The Company has other prepaid expenses of

$54,714

(

2016

-

$33,494

) including prepaid licenses fees of

$33,502

(

2016

-

$7,835

) for the year ended

December 31, 2017.