10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the quarterly period ended July 31, 2020
[   ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from __________ to __________

000-54803
(Commission File Number)
ECO SCIENCE SOLUTIONS INC.
(Exact name of registrant as specified in its charter)
Nevada	46-4199032
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
1135 Makawao Avenue, Suite 103-188, Makawao, Hawaii	96768
(Address of principal executive offices)	(Zip Code)
(833) 464-3726
(Registrant's telephone number, including area code)
(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act: None

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None	N/A	N/A

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [X] No [  ]

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes [X] No [  ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer[  ]	Accelerated filer [  ]
Non-accelerated filer[  ]	Smaller reporting company [X]
	Emerging growth company [X]

  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. [  ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [  ]  No [X]

As of September 18, 2020, there were 47,557,572 shares of the registrant's common stock outstanding.

2

ECO SCIENCE SOLUTIONS, INC.

TABLE OF CONTENTS

		Page
	PART I – FINANCIAL INFORMATION
Item 1.	Financial Statements	4
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	5
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	12
Item 4.	Controls and Procedures	12
	PART II – OTHER INFORMATION
Item 1.	Legal Proceedings	13
Item 1A.	Risk Factors	14
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	15
Item 3.	Defaults Upon Senior Securities	15
Item 4.	Mine Safety Disclosures	15
Item 5.	Other Information	15
Item 6.	Exhibits	15
	SIGNATURES	16

3

PART I -- FINANCIAL INFORMATION

ITEM 1.                FINANCIAL STATEMENTS

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE FINANCIAL STATEMENTS

(Unaudited)

	Page
Unaudited Condensed Consolidated Balance Sheets as of July 31, 2020 and January 31, 2020	F-1
Unaudited Condensed Consolidated Statements of Operations for the three and six months ended July 31, 2020 and 2019	F-2
Unaudited Condensed Consolidated Statements of Stockholders’ Deficit	F-3
Unaudited Condensed Consolidated Statements of Cash Flows for the three and six months ended July 31, 2020 and 2019	F-4
Notes to the Unaudited Condensed Consolidated Financial Statements	F-5 to F-21

4

ECO SCIENCE SOLUTIONS, INC.

CONSOLIDATED BALANCE SHEETS

	July 31, 2020			January 31, 2020
ASSETS	(Unaudited)			(Audited)
Current assets
Cash	$	585		$	2,877
Accounts receivable, related party		8,091			2,697
Accounts receivable		16,233			20,744
Prepaid expenses		32,992			32,992
Total current assets		57,901			59,310
Property and equipment, net		193			1,741
TOTAL ASSETS	$	58,094		$	61,051
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable and accrued expenses	$	2,943,766		$	2,871,720
Related party payables		1,491,847			1,365,333
Notes payable, short-term, related party		1,534,045			1,298,649
Notes payable		4,110,118			4,115,118
Convertible note, net		1,656,213			1,656,213
Total current liabilities		11,735,989			11,307,033
Total liabilities		11,735,989			11,307,033
Stockholders' deficit
Preferred stock, $0.001 par, 50,000,000 shares authorized, none issued and outstanding at July 31, 2019 and January 31, 2019		-			-
Common stock, $0.0001 par, 650,000,000 shares authorized, 48,557,572 shares issued and 47,557,572 outstanding at July 31, 2020 and January 31, 2020		4,856			4,856
Treasury stock (1,000,000 shares issued at a cost of $0.0075 per share)		(7,500	)		(7,500	)
Additional paid in capital, common, and deferred compensation		61,804,744			61,804,744
Accumulated deficit		(73,479,995	)		(73,048,082	)
Total stockholders' deficit		(11,677,895	)		(11,245,982	)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$	58,094		$	61,051

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements

F-1

ECO SCIENCE SOLUTIONS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

	For the Three Months Ended July 31,						For the Six Months Ended July 31,
	2020			2019			2020			2019
Revenue	$	14,730		$	-		$	32,259		$	-
Revenue, related parties		2,697			-			5,394			-
Total revenue		17,427			-			37,653			-
Operating Expenses
Cost of revenue		13,122			-			26,644			-
Depreciation		443			1,105			1,548			2,211
Legal, accounting and audit fees		30,131			60,236			65,237			137,950
Management and consulting fees		85,000			277,000			80,000			568,000
Research, development, and promotion		36,469			-			71,521			19,764
Office supplies and other general expenses		45,177			13,130			94,173			61,956
Advertising and marketing		1,650			12,146			3,240			27,903
Total operating expenses		211,992			363,617			342,363			817,784
Net operating loss		(194,565	)		(363,617	)		(304,710	)		(817,784	)
Other income (expenses)
Interest income		-			3,000			-			6,000
Interest expense		(64,401	)		(62,816	)		(127,203	)		(123,104	)
Total other income (expenses)		(64,401	)		(59,816	)		(127,303	)		(117,104	)
Net loss	$	(258,966	)	$	(423,433	)	$	(431,913	)	$	(934,888	)
Net loss per common share - basic and diluted	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.02	)
Weighted average common shares outstanding - basic and diluted		47,557,572			47,557,572			47,557,572			47,557,572

The accompanying notes are an integral part of these unaudited consolidated financial statements

F-2

ECO SCIENCE SOLUTIONS, INC.

STATEMENTS OF STOCKHOLDERS' DEFICIT

(Unaudited)

	Preferred Stock				Common Stock				Treasury Stock						Additional Paid in		Accumulated
	Shares		Amount		Shares		Amount		Shares			Amount			Capital		Deficit			Total
Balance, January 31, 2020		-	$	-		47,5578,572	$	4,756		(1,000,000	)	$	(7,500	)	$	61,714,844	$	(73,048,082	)	$	(11,245,982	)
Net loss		-		-		-		-		-			-			-		(172,947	)		(172,947	)
Balance, April 30, 2020		-		-		47,5578,572	$	4,756		(1,000,000	)	$	(7,500	)	$	61,714,844	$	(73,221,029	)	$	(11,418,929	)
Net loss		-		-		-		-		-			-			-		(258,966	)		(258,966	)
Balance, July 31, 2020		-	$	-		47,5578,572	$	4,756		(1,000,000	)	$	(7,500	)	$	61,714,844	$	(73,479,995	)	$	(11,677,895	)

	Preferred Stock				Common Stock				Treasury Stock						Additional Paid in		Accumulated
	Shares		Amount		Shares		Amount		Shares			Amount			Capital		Deficit			Total
Balance, January 31, 2019		-	$	-		48,5578,572	$	4,856		(1,000,000	)	$	(7,500	)	$	61,804,744	$	(71,181,452	)	$	(9,379,352	)
Net loss		-		-		-		-		-			-			-		(258,966	)		(258,966	)
Balance, April 30, 2019		-		-		48,5578,572		4,856		(1,000,000	)		(7,500	)		61,804,744		(71,692,907	)		(9,890,807	)
Net loss		-		-		-		-		-			-			-		(423,433	)		(423,433	)
Balance, July 31, 2019		-	$	-		48,5578,572	$	4,856		(1,000,000	)	$	(7,500	)	$	61,804,744	$	(72,116,340	)	$	(10,314,240	)

The accompanying notes are an integral part of these unaudited consolidated financial statements

F-3

ECO SCIENCE SOLUTIONS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

	For the Six Months ended July 31,
	2020			2019
Cash flows from operating activities:
Net loss	$	(431,913	)	$	(934,888	)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation		1,548			2,211
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable, related party		(5,394	)		-
Decrease (increase) in accounts receivable		4,511			-
Decrease (increase) in interest receivable		-			-
Decrease (increase) in prepaid expenses		-			(6,000	)
Increase (decrease) in accounts payable and accrued expenses		72,046			319,835
Increase (decrease) in related party payables		126,514			265,986
Net cash used in operating activities		(232,688	)		(352,856	)
Cash Flows from Investing Activities:
Net cash used in investing activities		-			-
Cash flows from financing activities:
Note payable		(5,000	)		-
Note payable, related party		235,396			353,618
Net cash provided by financing activities		230,396			353,618
Net decrease in cash		(2,292	)		762
Cash-beginning of period		2,877			1,609
Cash-end of period	$	585		$	2,371
SUPPLEMENTAL DISCLOSURES
Interest paid	$	-		$	-
Income taxes paid	$	-		$	-

 The accompanying notes are an integral part of these unaudited condensed consolidated financial statements

F-4

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 1: NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS

Organization and nature of business

The Company was incorporated in the state of Nevada on December 8, 2009 under the name Pristine Solutions, Inc. On January 8, 2014, the Company changed its name from Pristine Solutions, Inc. to Eco Science Solutions, Inc.  

During fiscal 2016 the Company changed its business focus to pursue eco-friendly consumer related technologies, software and applications.

On January 11, 2016, the Company's Board of Directors (the "Board") authorized the creation of 1,000 shares of Series A Voting Preferred Stock. The holder of the shares of the Series A Voting Preferred Stock has the right to vote those shares of the Series A Voting Preferred Stock regarding any matter or action that is required to be submitted to the shareholders of the Company for approval. The vote of each share of the Series A Voting Preferred Stock is equal to and counted as 10 times the votes of all of the shares of the Company's (i) common stock, and (ii) other voting preferred stock issued and outstanding on the date of each and every vote or consent of the shareholders of the Company regarding each and every matter submitted to the shareholders of the Company for approval.

On June 21, 2017, the Company acquired 100% of the shares of capital stock of Ga-Du Corporation (“Ga-Du”), at which time Ga-Du became a wholly owned subsidiary of the Company. Concurrent with the transaction, Mr. John Lewis and Mr. Randall Overton joined the Board of directors of ESSI. Ga-Du offers a Financial Services Platform, as well as Inventory Control and Advisory Software Platforms, and Retail Inventory Control, bringing important enterprise technologies in-house and bringing ESSI an opportunity to expand the reach of its Herbo branding. Subsequently Ga-Du Corporation entered into an Assignment Agreement with G&L Enterprises, wherein G&L Enterprises assigned to Ga-Du Corporation, all of its rights, interest in, and obligations under a License and Master Marketing Agreement (LMMA) it entered into with Alliance Financial Network, Inc. ("AFN").

AFN provides financial and enterprise services to businesses and individuals, including the cannabis industry, on a programmatic or membership basis from which AFN derives fees and income from enrolling companies in their financial program and providing a range of services, with respect to which AFN and Ga-Du derive fees and income on a fee based schedule.

The primary focus of AFN is a mobile application known as eXPO™ electronic eXchange Portal which provides virtual financial and enterprise services to businesses and individuals that are challenged in the traditional banking systems, and/or require more intensive compliance than banks are willing, or able to perform and/or do not have the technical expertise or financial wherewithal in house to develop their own FinTech solutions, including accounting and enterprise management software. 

Following the closing of the SPA, Ga-Du is a wholly owned subsidiary of ESSI, bringing to ESSI a Financial Services Platform, and Inventory Control and Advisory Software Platforms, thus completing the ESSI product suite to benefit both consumer and professional customers of the Company.

With the acquisition of Ga-Du, ESSI's product suite expanded to include an enclosed ecosystem for business location, localized communications between consumers and business operators, on-topic social networking, inventory management / selection, payment facilitation and delivery arrangement. The Company's holistic commerce and content platform enables health, wellness and alternative medicine enthusiasts to easily locate, access, and connect with others to facilitate the research of and purchasing of eco-science friendly products.

F-5

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 1: NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS (cont'd)

Organization and nature of business (cont'd)

During fiscal 2018 and 2019, as AFN focussed its efforts to expand its eXPO^TM banking relationships to support next phase operations, the Company focussed on rolling out the Herbo Enterprise Software and building that user base.  The Herbo software provides a point of sale, bookkeeping and banking functions, inventory management and tracking, compliance and reporting, tax and accounting, payroll and HR, ecommerce and payment gateway services and CRM and customer loyalty functions all under one software suite. During fiscal 2020, the Company entered into various licensing contracts for the Herbo Enterprise Software and has commenced generating revenue from this segment of its operations. We expect revenues from our agreements with AFN to return during fiscal 2021.

Eco Science Solutions, Inc. is committed to becoming a vertically integrated provider of consumer and enterprise technology products and services, which assist consumers, companies, brands and entrepreneurs to effectively transact business, with compliance, in the combined multi-billion-dollar cannabis and CBD hemp industries. 

The Company's consumer initiatives are centered on education and connecting consumers with various cannabis and CBD hemp businesses.  Its enterprise initiatives are focused on developing technology and accounting solutions, coupled with data analytics to help businesses to be more effective in their abilities to connect, market, and sell to consumers.

Eco Science Solutions, Inc has technology and service relationships with those in farming, extraction, manufacturing and distribution in both the cannabis and CBD hemp industries.  Along with its subsidiary Ga-Du, ESSI is able to provide a 360-degree ecosystem for business location, localized communications between consumers and business operators, on-topic social networking, inventory management / selection, payment facilitation and cash management.

* Eco Science Solutions, Inc. is not in the business of growing, manufacturing, or distributing cannabis.

Financial Statements Presented

The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 210 8-03 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments considered necessary for a fair presentation have been included.  All such adjustments are of a normal recurring nature.  Operating results for the three and six months ended July 31, 2020, are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2021.  For further information, refer to the financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2019 as filed with the Securities and Exchange Commission on July 7, 2020.

Principals of Consolidation

The consolidated financial statements include the accounts of Eco Science Solutions, Inc. and its wholly-owned subsidiary, Ga-Du Corporation. All significant intercompany balances and transactions have been eliminated.

F-6

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 1: NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS (cont'd)

Going Concern

These unaudited condensed consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated significant revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.  As at July 31, 2020, the Company had a working capital deficit of $11,678,088 and an accumulated deficit of $73,479,995. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

The recent COVID-19 pandemic could have an adverse impact on the Company going forward.  COVID-19 has caused significant disruptions to the global financial markets, which may severely impact the Company’s ability to raise additional capital and to pursue certain planned business activities. The Company may be required to cease operations if it is unable to finance its’ operations. The full impact of the COVID-19 outbreak continues to evolve as of the date of this report and is highly uncertain and subject to change. Management is actively monitoring the situation but given the daily evolution of the COVID-19 outbreak, the Company is not able to estimate the effects of the COVID-19 outbreak on its operations or financial condition in the next 12 months. There are no assurances that the Company will be able to meet its obligations, raise funds or continue to implement its planned business objectives to obtain profitable operations.

The unaudited consolidated financial statements reflect all adjustments consisting of normal recurring adjustments, which, in the opinion of management, are necessary for a fair presentation of the results for the periods shown. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to assist in understanding the Company's consolidated financial statements.  These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the consolidated financial statements. Certain reclassifications have been made to the prior period's consolidated financial statements to conform to the current period's presentation.

Use of Estimates

The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

F-7

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Property and Equipment

Property and equipment are recorded at cost. Depreciation and amortization on property and equipment are determined using the straight-line method over the three to five year estimated useful lives of the assets.

Technology, licensing rights and software (Intangible assets)

Technology, licensing rights and software are recorded at cost and capitalized.  These costs are reviewed for impairment at a minimum of once per year or whenever events or changes in circumstances suggest a need for evaluation.  There is no impairment expense for the intangible assets in the three and six months ended July 31, 2020 or for the fiscal year ended January 31, 2020.

Advertising and Marketing Costs

Advertising and marketing costs are expensed as incurred and were $1,650 during the three month period ended July 31, 2020 and $12,146 in the same period ended July 31, 2019. Advertising and marketing costs are expensed as incurred and were $3,240 during the six month period ended July 31, 2020 and $27,903 in the same period ended July 31, 2019. Advertising and marketing costs include ad placement and click through programs placed on a wide network of mediums acquired from advertising consolidators including Outbrain, MGID, Rev Content, Yahoo, MSN, AOL, Google and others for the full scope of the Company's brands including the Herbo app and enterprise software for all platforms, GooglePlay, iOS, Android, as well as the corporate e-commence site and all the other underlying supporting social media platforms such as YouTube, Twitter, Instagram, and Facebook. Further the Company incurs other advertising expense in respect to its attendance at various venues to promote our business objectives.

Revenue Recognition

Effective January 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from licensing agreements and contracts by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured.

$14,730 and $32,259 has been recognized as revenue in the three and six months ended July 31, 2020, with $0 revenue in the same periods ended July 31, 2019. Revenue generated under enterprise software licenses will be recorded in accordance with the terms of the individual Customer contracts.  We expect license fees will be recorded on a monthly basis over the term of the contract, activation fees will be earned upon completion of set up and installation of the enterprise software, and customization and/or professional consulting services will be earned as rendered.

While the Company has entered into an LMMA (re: Note 4) under which we are entitled to fee-based revenue on a profit-sharing basis from a financial services platform known as eXPO^TM, the Company has determined that when recording its revenue, the monthly income is not clearly determinable until the fees are actually paid to the Company by AFN.  As at October 31, 2018 fees payable by AFN for the period May through October 2018 as reconciled in commission reports received from AFN have not been received by the Company. Subsequently the operations were suspended through August 2019, during which time AFN solidified its’ primary banking relationship and is now able to service and scale as needed with the client’s needs.

F-8

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Revenue Recognition (cont’d)

While AFN re-commenced operating the eXPO^TM platform during August 2019, Ga-Du does not yet have any additional revenue allocations.  Presently AFN is growing exclusively on a Member referral basis. We expect revenue from this agreement to resume during fiscal 2021.  The Company has determined to record its revenue in respect to the LMMA upon receipt until such time as the fee structure and reporting process become more easily determinable. Pursuant to AFN's revenue reports, the amount payable to Ga-Du Corporation is $28,431 (10% of net revenue generated by Colorado Business) at July 31, 2020 and January 31, 2020. The Company will record the revenue once we receive the proceeds.

Cost of Revenue

Costs of revenue consist of the direct expenses incurred to generate revenue. Such costs are recorded as incurred. Our cost of revenue will consist consists primarily of fees associated with the operation of our social media venues and fulfillment of specific customer advertising campaigns related to our downloadable apps. In the case of revenue earned by our wholly owned subsidiary, proceeds allocated to our revenue interest are net of associated costs. Costs of revenue associated with the sale of our enterprise software will include commissions and direct selling costs.

Stock-Based Compensation

The Company records stock-based compensation in accordance with ASC 718, Share-Based Payments, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.

Convertible Debt and Beneficial Conversion Features

The Company evaluates embedded conversion features within convertible debt under ASC 815 "Derivatives and Hedging" to determine whether the embedded conversion feature(s) should be bifurcated from the host instrument and accounted for as a derivative at fair value with changes in fair value recorded in earnings. If the conversion feature does not require derivative treatment under ASC 815, the instrument is evaluated under ASC 470-20 "Debt with Conversion and Other Options" for consideration of any beneficial conversion features.

Stock Settled Debt

In certain instances, the Company will issue convertible notes which contain a provision in which the price of the conversion feature is priced at a fixed discount to the trading price of the Company's common shares as traded in the over-the-counter market.  In these instances, the Company records a liability, in addition to the principal amount of the convertible note, as stock-settled debt for the fixed value transferred to the convertible note holder from the fixed discount conversion feature.  As of July 31, 2020, and January 31, 2020, $248,432 for the value of the stock settled debt for certain convertible notes is included in the Convertible note, net account under balance sheet. (see Note 10).

Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with ASC 260, Earning per Share.  ASC 260 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.

F-9

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont'd)

Recently issued accounting pronouncements

The Company has reviewed other recently issued accounting pronouncements and plans to adopt those that are applicable to it. The Company does not expect the adoption of any other pronouncements to have an impact on its results of operations or financial position. 

NOTE 3: PROPERTY AND EQUIPMENT

Property and equipment, net consists of the following:

	July 31, 2020			January 31, 2020
Office equipment	$	15,528		$	15,528
Less: accumulated depreciation and amortization		(15,335	)		(13,787	)
Total property and equipment, net	$	193		$	1,741

Depreciation expense (excluding impairment) amounted to $443 and $1,105 for the three months ended July 31, 2020 and 2019, respectively.

Depreciation expense (excluding impairment) amounted to $1,548 and $2,211 for the six months ended July 31, 2020 and 2019, respectively.

NOTE 4: LICENSE AND MASTER MARKETING AGREEMENT

During fiscal 2018 the Company’s subsidiary Ga-Du entered into an Assignment Agreement with G&L Enterprises, wherein G&L Enterprises assigned to Ga-Du Corporation, all of its rights, interest in, and obligations under a License and Master Marketing Agreement (LMMA) it entered into with Alliance Financial Network, Inc. ("AFN").

AFN provides financial and enterprise services to businesses and individuals, including the cannabis industry, on a programmatic or membership basis from which AFN derives fees and income from enrolling companies in their financial program and providing a range of services, with respect to which AFN and Ga-Du derive fees and income on a fee based schedule.

The primary focus of AFN is a mobile application known as eXPO™ electronic eXchange Portal which provides virtual financial and enterprise services to businesses and individuals that are challenged in the traditional banking systems, and/or require more intensive compliance than banks are willing, or able to perform and/or do not have the technical expertise or financial wherewithal in house to develop their own FinTech solutions, including accounting and enterprise management software.  One such industry is the cannabis industry where AFN establishes Membership relationships with businesses in this industry, following a full compliance audit on the business. These services utilize the Herbo suite of software to effectively track transactional data for eXPO™ users, providing Ga-Du a share of all Cannabis related revenues received by AFN regardless of the source of revenues through (i) membership fees; (ii) cash depository fees; (iii) merchant processing and credit card fees; (iv) transfer fees; and (v) advertising fees.

AFN’s services operate on a national level with sales in both cannabis and non-cannabis-based industries.  While revenues allocated to Ga-Du are currently governed on a territory by territory basis, Ga-Du and AFN are actively negotiating an amendment to the agreements to become all inclusive.

In exchange for the revenue split under the LMMA, as amended in March 2018, Ga-Du agreed to pay to AFN $405,000 in three tranches for operational expenses and business development.

F-10

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 4: LICENSE AND MASTER MARKETING AGREEMENT (cont’d)

Under the terms of the aforementioned agreements with respect to a beta trial for the AFN services focused solely on the State of Colorado during the period May through October 31, 2018, $28,431 is payable to Ga-Du from revenue generated by operations on the eXPO^TM platform. Subsequently the operations were suspended through August 2019, during which time AFN solidified its’ primary banking relationship and is now able to service and scale as needed with the client’s needs. While AFN re-commenced operating the eXPO^TM platform during August 2019, Ga-Du does not yet have any additional revenue allocations.  Presently AFN is growing exclusively on a Member referral basis. We expect revenue from this agreement to resume during fiscal 2021.

NOTE 5: PREPAID EXPENSES

Prepaid expenses consist of the following: 

	July 31, 2020		January 31, 2020
Office lease – Security deposits	$	13,127	$	13,127
Prepaid other expenses		19,865		19,865
Total prepaid expense	$	32,992	$	32,992

NOTE 6: CONVERTIBLE PROMISSORY NOTE RECEIVABLE

As discussed in Note 5, the Company acquired a convertible note receivable in the principal amount of $100,000 and accrued interest receivable in the amount of $14,533 on September 22, 2017.

The Note matures on July 6, 2018 and bears interest at a rate of 12% per annum and is payable to Ga-Du Corporation.  The Note can, at Ga-Du's option, be converted upon maturity into 1.12% of the equity of Alliance. The Company wrote off the balance of promissory note receivable on October 31, 2019. The Company wrote off the balance of principal and interest receivable on Oct 31, 2019.

NOTE 7: NOTES PAYABLE

	Total
Balance, January 31, 2019	$	4,122,618
Repayment to Note 3		(7,500	)
Balance, January 31, 2020		4,115,118
Repayment to Note 3		(5,000	)
Balance, July 31, 2020	$	4,110,118

Note 1:

During the fiscal year ended January 31, 2017, the Company received an accumulated amount of $14,930 from a third party. The notes bear interest at a rate of 1% per annum, and each due three months from issue date. During the three and six months ended July 31, 2020, the Company accrued interest expense of $37 and $73, respectively. During the three and six months ended July 31, 2019, the Company accrued interest expense of $37 and $74, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $628 and $555, respectively.

F-11

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 7: NOTES PAYABLE (cont’d)

Note 2:

During the fiscal year ended January 31, 2017, the Company received an amount of $50,000 from a third party. The note bears interest at a rate of 1% per annum and is due three months from issue date. As at January 31, 2018 the note became due and remained unpaid. During the three and six months ended July 31, 2020 the Company accrued interest expense of $126 and $249, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $126 and $248, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $1,875 and 1,626, respectively.

Note 3:

During the fiscal year ended January 31, 2017, the Company received an amount of $225,000 from a third party. The note bears interest at a rate of 6% per annum and is due one year from issue date.

During the fiscal year ended January 31, 2018 the Company received accumulated amounts of $1,842,500 from a third party. The notes bear interest at a rate of 6% per annum and each is due one year from issue date.

During the fiscal year ended January 31, 2019 the Company received accumulated amounts of $1,420,500 from a third party. The notes bear interest at a rate of 6% per annum and each is due one year from issue date.

On March 28, 2018 this third party purchased an additional $250,000 in notes from our COO, Mr. Michael Rountree. The purchased notes bear interest at a rate of 1% per annum beginning on June 27, 2018 and are payable within thirty days notice of the Maturity Date.

During the fiscal year ended January 31, 2020, the Company made cash payment of $7,500 to the note. During the six  months ended July 31, 2020, the Company made cash payment of $5,000 to the note.

During the three and six months ended July 31, 2020 the Company accrued interest expense of $56,342 and $111,495, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $56,531 and $111,218, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $604,446 and $492,951, respectively.

Note 4:

During the year ended January 31, 2019, the Company received accumulated amount of $305,266 from a third party. The notes bear interest at a rate of 1% per annum, and due nine months from issue date. During the three and six months ended July 31, 2020 the Company accrued interest expense of $716 and $1,417, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $717 and $1,410, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $5,723 and $4,306, respectively.

Note 5:

On September 12, 2018 the Company received amount of $14,422 from a third party. The notes bear interest at a rate of 1% per annum, and due nine months from issue date. During the three and six months ended July 31, 2020 the Company accrued interest expense of $36 and $72, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $36 and $72, respectively. As of July 31, 2020, and January 31, the Company has accrued interest payable of $255 and $183, respectively.

F-12

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 8: CONVERTIBLE NOTE PAYABLE

During fiscal 2018, the Company entered into a convertible note for a total of $1,407,781 bearing interest at 1% per annum, beginning on November 1, 2017 and payable each 120 days as to any outstanding balance.  At the Maturity Date of this convertible debenture, Lender has the option to:

(a) Convert the $1,407,781 Debt, plus accrued interest, into shares of Eco Science Solutions, Inc. Common Stock, at the rate of 15% discount to the closing price on the day of lender's conversion request, per share; or

(b) Lender may demand full payment of $1,407,781or any unpaid balance of the original debt, plus accrued interest from the Company.

The total beneficial conversion feature discount recognized was $496,864 which is being amortized over the terms of the convertible notes payable.  During the years ended January 31, 2019 and 2018 the Company recognized interest expense of $371,969 and $124,895, respectively, related to the amortization of the beneficial conversion feature discount. The unamortized balance of the beneficial conversion feature was $0 and $371,969 as of January 31, 2019 and January 31, 2018, respectively.  

As at the date of this report, the Lender has not made a demand for payment and the note is in default.

At July 31, 2020 and January 31, 2020, convertible note payable consisted of the following:

	July 31, 2020		January 31, 2020
Principal amount	$	1,407,781	$	1,407,781
Liability on stock settled debt		248,432		248,432
Convertible notes payable, net	$	1,656,213	$	1,656,213

During the three and six months ended July 31, 2020, the Company accrued interest expense of $3,598 and $7,117, respectively. During the three and six months ended July 31, 2019, the Company accrued interest expense of $3,598 and $7,078, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $39,261 and $32,144, respectively.

NOTE 9: RELATED PARTY TRANSACTIONS

As of July 31, 2020, and January 31, 2020, related parties are due a total of $2,848,861 and $2,371,738, respectively.

	July 31, 2020		January 31, 2020
Related party payables (1)(2)(4)(5)(6)(7)	$	1,491,847	$	1,365,333
Notes payable (3)(4)		1,534,045		1,298,649
Total related party transactions	$	3,025,892	$	2,371,738

F-13

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 9: RELATED PARTY TRANSACTIONS (cont’d)

Services provided from related parties:

	Three Months Ended July 31,				Six Months Ended July 31,
	2020		2019		2020		2019
Mr. Jeffery Taylor (1)	$	28,750	$	28,750	$	57,500	$	57,500
Mr. Don Lee Taylor (1)		26,250		26,250		52,500		52,500
Ms. Jennifer Taylor (2)		9,000		9,000		18,000		18,000
Mr. Michael Rountree (4)		30,000		30,000		60,000		60,000
L. John Lewis (5)		-		30,000		-		60,000
S. Randall Oveson (6)		-		30,000		-		60,000
Mr. Andy Tucker (7)		-		30,000		-		60,000
	$	94,000	$	184,000	$	188,000	$	368,000

Interest expenses from related parties:

	Three Months Ended July 31,				Six Months Ended July 31,
	2020		2019		2020		2019
Mr. Jeffery Taylor (3)	$	-	$	-	$	-	$	21
Mr. Don Lee Taylor (3)		33		33		65		75
Mr. Michael Rountree (4)		3,085		1,311		5,866		2,066
Mr. Lewis (5)		429		428		848		843
	$	3,547	$	1,772	$	6,779	$	3,005

Revenue from related parties:

	Three Months Ended July 31,						Six Months Ended July 31,
	2020			2019			2020			2019
Greenfield Groves Inc. (5)		$	2,697		$	-		$	5,394		$	21

(1)  Effective December 17, 2015, Mr. Jeffery Taylor was appointed to serve as Chief Executive Officer of the Company and Mr. Don Lee Taylor was appointed to serve as Chief Financial Officer of the Company.   On December 21, 2015, the Company entered into employment agreements with Mr. Jeffery Taylor and Mr. Don Lee Taylor for a period of 24 months, where after the contract may be renewed in one-year terms at the election of both parties.  Jeffery Taylor shall receive an annual gross salary of $115,000 and Don Lee Taylor shall receive an annual gross salary of $105,000 payable in equal installments on the last day of each calendar month and which may be accrued until such time as the Company has sufficient cash flow to settle amounts payable.  Further under the terms of the respective agreements all inventions, innovations, improvements, know-how, plans, development, methods, designs, analyses, specifications, software, drawings, reports and all similar or related information (whether or not patentable or reduced to practice) which relate to any of the Company's actual or proposed business activities and which are created, designed or conceived, developed or made by the Executive during the Executive's past or future employment by the Company or any Affiliates, or any predecessor thereof ("Work Product"), belong to the Company, or its Affiliates, as applicable. During the six months ended July 31, 2020, the company paid $72,000 to Mr. Jeffery Taylor and $0 to Mr. Don Lee Taylor.  As at July 31, 2020 there was a total of $44,637 owing to Mr. Jeffery Taylor (January 31, 2020 - $59,137) and $244,200 to Mr. Don Lee Taylor (January 31, 2020 - $191,700), respectively, in accrued and unpaid salary under the terms of the employment agreement.

F-14

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 9: RELATED PARTY TRANSACTIONS (cont’d)

(2)	For three and six months ended July 31, 2020 and July 31, 2019 the Company was invoiced a total of $9,000 and $18,000, respectively, as consulting services by Ms. Jennifer Taylor, sister of the Company's officers and directors. As at July 31, 2020 there was a total of $76, 000 in accrued and unpaid (January 31, 2020 - $58,000) consulting fees.
(3)	On February 17, 2016, the Company issued promissory notes to Mr. Jeffery Taylor, CEO, in the amount of $17,500 and to Mr. Don Lee Taylor, CFO, in the amount of $17,500, respectively. The notes bear interest at a rate of 1% per annum, maturing on August 17, 2016. During the fiscal year ended January 31, 2017, the company repaid $2,500 to Mr. Jeffery Taylor and $2,500 to Mr. Don Lee Taylor. During the fiscal year ended January 31, 2019, the July 31, 2020 there was a total of $0 owing to Mr. Jeffery Taylor (January 31, 2020 - $0) and $13,000 to Mr. Don Lee Taylor (January 31, 2020 - $13,000), respectively.
(4)	On June 21, 2017, the Company entered into an employment agreement with Michael Rountree whereby Mr. Rountree agreed to serve as the Company's Chief Operating Officer for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Rountree has a base salary at an annual rate of $120,000.  The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.  We recorded $120,000 in the fiscal years ended January 31, 2020 and 2019 under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $380,000 (January 31, 2020 - $320,000) in accrued and unpaid salary under the terms of the employment agreement. During the year ended January 31, 2019, the Company issued promissory notes to Mr. Rountree in the accumulated amount of $379,319. During the fiscal year ended January 31, 2020 the Company issued promissory notes to Mr. Rountree in the accumulated amount of $805,901. The notes bear interest at a rate of 1% per annum, each is due nine months from issue date.   During the six months ended July 31, 2020, the Company issued promissory notes to Mr. Rountree in the accumulated amount of $235,396. Licensing agreement with Haiku Holdings LLC ("Haiku") On March 1, 2019 the Company and Haiku Holdings LLC "Haiku", a company controlled by Mr. Rountree, entered into a Trademark Licensing Agreement.  Under the terms of the agreement, the Licensed Marks, including and incorporating Herbo, may be used by Haiku to facilitate the Company's business including lead generation and referral services. Further, as a result of any revenue generating business generated by Haiku, the Company shall receive 90% of the net revenue. The license remains in effect for a period of ten (10) years from the effective date of the agreement and may be terminated on sixty (60) days written notice by the Company should there be a material breach which remains uncured, or at any time on ten (10) days written notice by Haiku without cause. Software Reseller Agreement with Haiku Holdings LLC ("Haiku") Effective July 1, 2019, the Company (“Reseller”) entered into a Software Reseller Agreement with respect to the Herbo suite of software offerings with Haiku (“Licensor”). Licensor is the owner of certain computer software-as-a-service offerings and related documentation that it provides to end users. Under the terms of the agreement, the Reseller desires (a) a non-exclusive license of the Software and (b) a non-exclusive, non-transferable, non-assignable and limited right and license to reproduce, market, and distribute such Software, and Licensor agrees to grant to Reseller such right and license.  Under the terms of the agreement for each respective End User License Agreement (EULA) entered into with an End User, Reseller shall pay Licensor the corresponding license fee for the software usage of 10% of gross receipts from End Users. Fees are due on or prior to the 15th day of each calendar month in respect of all gross receipts received from End Users during the previous calendar month. During the three and six months ended July 31, 2020 the company recorded $1,743 and $3,735 as license fees under costs of sales, respectively.

F-15

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 9: RELATED PARTY TRANSACTIONS (cont’d)

(5) Revenue from Greenfield Groves Inc.   Greenfield Groves Inc. is owned by Lindsay Giguiere, wife of Gannon Giguiere, who is the president of Phenix Ventures LLC (See Note 11(b) below), and an over 5% shareholder of the Company’s common stock.  

(6) On June 21, 2017, Ga-Du entered into an employment agreement with L. John Lewis whereby Mr. Lewis accepted employment as Chief Executive Officer of Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Lewis has a base salary at an annual rate of $120,000. The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.  The employment agreement was not renewed on expiry. We recorded $0 and $60,000 in the six months period ended July 31, 2020 and 2019, respectively under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $240,000 in accrued and unpaid salary under the terms of the employment agreement (January 31, 2020 - $240,000).   During the three months ended April 30, 2018, Mr. Lewis paid $175,000 to third parties on behalf of the Company which amount has been recorded in Accounts payable – related parties.   On July 31, 2018, the Company issued promissory notes to Mr. Lewis to convert the payable to note payable in the amount of $170,000. The notes bear interest at a rate of 1% per annum, each is due nine month from issue date.   On April 15, 2020 Mr. L. John Lewis resigned all positions with the Company’s wholly owned subsidiary Ga-Du and also resigned as a director of ESSI. 

(7)

On June 21, 2017, Ga-Du Corporation, a wholly owned subsidiary of Eco Science Solutions Inc. entered into an employment agreement with S. Randall Oveson whereby Mr. Oveson accepted employment as Chief Operating Officer of Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Oveson has a base salary at an annual rate of $120,000.  The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.  The employment agreement was not renewed on expiry. We recorded $0 and $60,000 in the six months period ended July 31, 2020 and 2019, respectively under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $240,000 in accrued and unpaid salary under the terms of the employment agreement (January 31, 2020 - $240,000).

(8)

On June 21, 2017, Ga-Du entered into a consulting agreement with Andy Tucker, whereby Mr. Tucker will provide services to the Cannabis industry under development by the Company, as well as act as an advisor to various State regulators concerning the Cannabis industry for two years unless terminated earlier in accordance with the agreement. During the period of the agreement, Mr. Tucker has a base salary at an annual rate of $120,000.  Compensation payments shall be divided into twelve (12) equal monthly payments, payable in arrears on the last day of each month following the commencement of the agreement, provided that any partial month worked shall be payable on the last day of such partial month. The employment agreement was not renewed on expiry. We recorded $0 and $60,000 in the six months period ended July 31, 2020 and 2019, respectively under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $240,000 in accrued and unpaid salary under the terms of the employment agreement (January 31, 2020 - $240,000).  Mr. Tucker holds approximately 11.45% of the Company's issued and outstanding shares.

F-16

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 10: CAPITAL STOCK

Common Stock

The total number of authorized shares of common stock that may be issued by the Company is 650,000,000 shares with a par value of $0.0001.

As of July 31, 2020, and January 1, 2020, there were 48,557,572 shares issued and 47,557,572 shares outstanding. There were no shares issued during the six months ended July 31, 2020 or the fiscal year ended January 31, 2020.

Series A Voting Preferred Shares

On January 11, 2016, the Company's Board of Directors (the "Board") authorized the creation of 1,000 shares of Series A Voting Preferred Stock.  The holder of the shares of the Series A Voting Preferred Stock has the right to vote those shares of the Series A Voting Preferred Stock regarding any matter or action that is required to be submitted to the shareholders of the Company for approval.  The vote of each share of the Series A Voting Preferred Stock is equal to and counted as 10 times the votes of all of the shares of the Company's (i) common stock, and (ii) other voting preferred stock issued and outstanding on the date of each and every vote or consent of the shareholders of the Company regarding each and every matter submitted to the shareholders of the Company for approval.   The Series A Voting Preferred Stock will not be convertible into Common Stock.

As of July 31, 2020, and January 31, 2020, no Series A Voting Preferred Shares were issued.

NOTE 11: COMMITMENTS

(a) On March 22, 2016, we entered into a two-year lease commencing April 1, 2016 for a total of 253 square feet of office and 98 square feet of reception space. Monthly base rent for the period April 1, 2016 to March 31, 2017 is $526.50 per month and increases to $552.83 per month for the subsequent year ending March 31, 2018.  Operating costs for the first year of the lease were $258.06 per month.  The Company has remitted a security deposit in the amount of $817 in respect of the lease.  Further our officers and directors have executed a personal guarantee in respect of the aforementioned lease agreement. On expiry of the lease, and to date, the Company continues to occupy the space on a month to month basis at a rate of approximately $866 per month including operating costs.

(b) On January 10, 2017, we entered into an Equity Purchase Agreement (the "Equity Purchase Agreement") with PHENIX VENTURES, LLC ("PVLLC"). Although we are not mandated to sell shares under the Equity Purchase Agreement, the Equity Purchase Agreement gives us the option to sell to PVLLC, up to 10,000,000 shares of our common stock over the period ending January 25, 2019 (or 24 months from the date this Registration Statement is effective). The purchase price of the common stock will be set at eighty-three percent (83%) of the volume weighted average price ("VWAP") of the common stock during the pricing period. The pricing period will be the ten consecutive trading days immediately after the Put Notice date. In addition, there is an ownership limit for PVLLC of 9.99%. PVLLC is not permitted to engage in short sales involving our common stock during the commitment period ending January 25, 2019. In accordance with Regulation SHO however, sales of our common stock by PVLLC after delivery of a Put Notice of such number of shares reasonably expected to be purchased by PVLLC under a Put will not be deemed a short sale.   A Complaint was filed against Gannon Giguiere, president of Phenix Ventures, in July 2018, by the SEC, which alleges Mr. Giguiere's involvement in certain activities, of which the Company, its' officers, board members, and others directly involved with the Company, have no knowledge of.  Until the Complaint is resolved, no funding will be provided by Phenix Ventures to the Company. To date, there have been no Put Notices and no funding available from Phenix Ventures under the Registration Statement; additionally, no shares have been issued pursuant to the registration statement.   In addition, we must deliver the other required documents, instruments and writings required. PVLLC is not required to purchase the Put Shares unless:  

F-17

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 11: COMMITMENTS (cont’d)

- Our registration statement with respect to the resale of the shares of common stock delivered in connection with the applicable put shall have been declared effective.

- We shall have obtained all material permits and qualifications required by any applicable state for the offer and sale of the registrable securities.

- We shall have filed with the SEC in a timely manner all reports, notices and other documents required.

The Company filed an S-1 Registration Statement in respect of the foregoing on January 27, 2017 which received Effect by the Securities and Exchange Commission, on May 15, 2017. To date there has been no funding provided under the aforementioned agreement.

(c)   On June 21, 2017, Ga-Du entered into an employment agreement with Ms. Wendy Maguire, whereby Ms. Maguire accepted employment as Vice President, business development of Ga-Du for two years unless terminated earlier in accordance with the agreement. During her period of employment, Ms. Maguire had a base salary at an annual rate of $120,000.  Ms. Maguire resigned as Vice President, Business Development on December 12, 2018. Prior to her resignation Ms. Maguire filed a Complaint in the United States District Court from the Western District of Washington for payment of accrued and unpaid wages, legal fees and damages.  The Company ceased to accrue fees for Ms. Maguire following receipt of the complaint (ref: Note 12).

(d)   On June 21, 2017, Ga-Du entered into an employment agreement with Mr. Dante Jones, whereby Mr. Jones accepted employment as Special Advisor to Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Jones has a base salary at an annual rate of $120,000. The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time. The employment agreement was not renewed on expiry.

(e)   On July 21, 2017, we entered into a Sublease commencing August 1, 2017 and terminating the earlier of (a) March 31, 2020, or (b) the date this sublease is terminated by sub landlord upon the occurrence of an event of default, the sublease covers a total of 6,120 square feet of office space. Monthly base rent for the period September 1, 2017 to July 31, 2018 is $14,535, and the first month of rent is free of charge. In the second year the monthly base rent increases to $15,173.  In the third year the monthly base rent increases to $15,810.  The Company has remitted a security deposit in the amount of $15,810 in respect of this sublease.  The Company has passed on recording the deferred rent relative to the one free month of rent contained within the lease as it has been determined to be immaterial. During the period ended April 30, 2018 the Company accrued rent in respect to this sublease for the months of March and April 2018 including applicable operating costs.  Subsequent to October 31, 2018 the Company has abandoned the space without payment or further accruals, and the lease has been effectively terminated. A balance of $21,051 remains due and payable as at July 31, 2020 and January 31, 2020.

(f)   The Company has entered into verbal agreements with Take2L, an arms length third party, to develop and service our current technology platform in consideration for certain fees as invoiced monthly. On September 1, 2018, Take2L invoiced $350,000 to the Company in respect of the ongoing development of software to support our platform.   As at July 31, 2020 and January 31, 2020 an amount of $768,810 is due and payable to Take 2L in respect to invoices issued for services rendered.  The Company has been unable to settle these invoices as they have come due. Take 2L has had a long working relationship with our Chief Operating Officer, Mr. Rountree, and with regard to other business; Take 2L has no relationship with the Company other than as a provider of services to the Company and does not hold any shares in the Company. Take 2L has continued to provide the Company essential services during the shortfall in funds to meet operational overhead as it comes due and it is expected these accounts will be settled in full as soon as resources become available. 

F-18

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 11: COMMITMENTS (cont’d)

(g)   During fiscal 2019 the Company entered into a Consulting Agreement with Standard Consulting LLC (the "Consultant") where under the Consultant provided business development and evaluation services relative to the strategic growth of the Company.  Under the terms of the contract the Consultant was compensated at a rate of $120,000 per year, payable quarterly on the first day of each quarter with a commencement date of May 1, 2018, for an initial term of six months, and renewable for a further six months on mutual agreement of the parties.  Further the Company may settle amounts payable to Consultant by way of issuance of shares on 15 days notice. Any shares issued under the contract for services rendered will be issued at a 15% discount to market based on the closing market price on the day before the first day of the quarter.  A further 1,000,000 restricted shares shall be issued upon commencement of the term and are subject to a six-month leak out restriction once available for resale under Rule 144. The shares were issued prior to January 31, 2019 and the contract was renewed for a further six-month term during November 2018. The contract terminated at the end of April 2019.

(h)   On February 1, 2019 the Company and a third party entered into a Consulting Services agreement whereunder the Consultant will provide development services relative to a suite of software for managing operations including accounting, inventory control and management, data management, reporting and compliance, lead generation and marketing, CRM sales management and certain other key functions. The term of the agreement is three (3) months shall be automatically renewed for successive three (3) month periods unless canceled in writing by either party thirty (30) days prior to the expiration of each term.  Compensation shall be $10,000 per month payable by way of six installments of $5,000, payable February 1, 2019, and each fifteen days thereafter.  On May 31, 2019, the Consultant terminated the contract, and each of the Consultant and the Company agreed the termination shall take immediately effect with no further compensation payable.

NOTE 12: CONTINGENCIES

(1)  On July 7, 2017, a purported shareholder of Eco Science Solutions, Inc. (the "Company"), Mr. Jimmie Glorioso, filed a verified shareholder derivative complaint against Jeffrey L. Taylor, Don L. Taylor (collectively, Jeffrey and Don Taylor are the "Taylors"), L. John Lewis and S. Randall Oveson, directors and officers in the Company, and Gannon Giguiere (collectively, the Taylors, Lewis, Oveson and Giguiere are the "Individual Defendants"), in the First Judicial District Court of the State of Nevada, Carson City County (the "Nevada Complaint"). Mr. Glorioso filed an amended complaint on or about January 11, 2019. The Company is identified as a nominal defendant, against which no claims are plead. The Nevada Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of Company. The Nevada Complaint asserts claims on behalf of the Company for breach of fiduciary duties against the Individual Defendants, aiding and abetting the breach of fiduciary duties against Lewis, Oveson and Giguiere, against the Individual Defendants for waste of corporate assets, and unjust enrichment against the Individual Defendants. The Nevada Complaint (1) seeks judicial declarations that (i) Mr. Glorioso may maintain this action on behalf of the Company and (ii) all individual defendants have breached and/or aided and abetted the breach of their fiduciary duties to the Company; (2) seeks damages to the Company allegedly sustained as a result of the acts/omissions of all individual defendants; (3) seeks an order directing the Company and all individual defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company.

(2)  On October 20, 2017, a purported shareholder of the Company, Mr. Ian Bell, filed a verified stockholder derivative complaint against the Individual Defendants in the United States District Court for the District of Hawaii (the "First Hawaii Complaint"). On January 11, 2018, a purported shareholder of the Company, Mr. Marc D' Annunzio, filed a verified stockholder derivative complaint against the Individual Defendants in the United States District Court for the District of Hawaii (the "Second Hawaii Complaint"). On February 9, 2018, the Hawaii federal court consolidated the First Hawaii Complaint and the Second Hawaii Complaint (the "Consolidated Hawaii Action"). On December 10, 2018, plaintiffs in the Consolidated Hawaii Action filed their amended complaint (the "Amended Hawaii Complaint"). The Company is identified as a nominal defendant, against which no claims are plead. The Amended Hawaii Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of the Company. The Amended Hawaii Complaint asserts claims on behalf of the Company for breach of fiduciary duty against the Taylors and Mr. Lewis and Mr. Oveson, for aiding and abetting breaches of fiduciary duties against Mr. Lewis and Mr. Oveson, for aiding and abetting breaches of fiduciary duties against Mr. Giguiere, for waste of corporate assets against the Individual Defendants, and for unjust enrichment against the Individual Defendants. The Amended Hawaii Complaint seeks damages for the alleged breaches of fiduciary duties, aiding and abetting, waste and unjust enrichment, demands restitution and disgorgement and requests an order directing the Company and all individual defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company. The Parties have agreed to mediate the potential resolution of all claims with U.S. Magistrate Judge Wes R. Porter on December 3, 2019 in Honolulu. The Parties have agreed to continue their settlement discussions, which are ongoing, in good faith.  There is no guarantee that the claims will be settled.

F-19

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 12: CONTINGENCIES (cont'd)

(3)   On November 3, 2017, a purported shareholder of the Company, Mr. Hans Menos, filed a verified shareholder derivative complaint against the Individual Defendants in the United States District Court for the District of Nevada (the "Nevada Federal Complaint"). Mr. Menos amended the Nevada Federal Complaint on December 21, 2018. The Company is identified as a nominal defendant, against which no claims are plead. The Nevada Federal Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of Company. The Nevada Federal Complaint asserts claims on behalf of the Company for breach of fiduciary duties against the Individual Defendants, for aiding and abetting breaches of fiduciary duties against Mr. Giguiere, Mr. Lewis and Mr. Oveson, unjust enrichment against the Individual Defendants, waste of corporate assets against the Individual Defendants, abuse of control against the Individual Defendants, and gross mismanagement against the Individual Defendants. The Nevada Federal Complaint (I) seeks judicial declarations that (i) Mr. Menos may maintain this action on behalf of the Company and (ii) the Individual Defendants have breached and/or aided and abetted the breach of their fiduciary duties to the Company; (2) seeks damages to the Company allegedly sustained as a result of the acts/omissions of the Individual Defendants; (3) seeks an order directing the Company and the Individual Defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company. On March 2, 2020, the parties to the Nevada Federal Complaint stipulated to the dismissal thereof, which the Court approved on March 3, 2020.

(4)     On February 1, 2019, the lead plaintiff, Mr. Richard Raschke, a purported shareholder of the Company, filed an amended consolidated class action complaint against the Company, the Taylors, and Mr. Gannon Giguiere in the United States District Court for the District of New Jersey (the "Class Action"). The Class Action arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or  on  behalf  of Company. The Class Action asserts claims against all defendants for violation of Section 10(b) of the Securities Exchange Act of 1934 (the "Act"), violation of Section 20(a) of the Act against the Taylors and Giguiere and Violation of Section 20(b) against Mr. Giguiere. The Class Action seeks (1) certification of the purported class of plaintiffs, (2) compensatory damages in favor of the class and (3) an award of reasonable costs and expenses. Defendants have moved to stay this action.  By consent of the parties, the Court has agreed to suspend this matter pending resolution of the consolidated derivative action in Hawaii.

(5)  Although the following lawsuit was not filed against the Company or any of its officers or directors, it nonetheless has a huge impact on the Company. On July 6, 2018, the Securities and Exchange Commission (the "SEC") filed a Complaint against Gannon Giguiere ("Giguiere"), president of Phenix Ventures, LLC and the Company's largest outside funder. The Complaint alleges Mr. Giguiere's involvement in certain activities, of which the Company, its' officers, board members, and others directly involved with the Company, have no knowledge of. The Complaint seeks monetary and injunctive relief. On October 24, 2018, the Court granted the U.S. Government's motion to intervene in the proceedings and stay the action pending resolution of parallel criminal proceedings (described below). Pursuant to the Complaint being filed, the Company continues to seek funding elsewhere as it requires outside funding until it generates more consistent revenue. The Company previously filed an S-1 Registration Statement whereby Phenix would fund the Company in exchange for shares of common stock, and upon Put Notices; to date, there have been no Put Notices and no funds from Phenix Ventures have been distributed to the Company under the registration statement - no shares have been issued pursuant to the Registration Statement.

(6)  On June 29, 2018, the United States Government filed an indictment as to Gannon Giguiere in the U.S. District Court for the Southern District of California. In a Superseding Indictment, filed on January 25, 2019, the United States alleges that the defendant engaged in a scheme to manipulate the market for the common stock of two penny stock issuers, including ESSI.  The United States claims that Mr. Giguiere is guilty of (1) conspiracy to commit securities fraud and manipulative trading and (2) securities fraud.  On April 22, 2019, Mr. Giguiere entered a plea of not guilty to each of the counts against him in the Superseding Indictment.   On July 23, 2019, defendant entered into a Plea Agreement (the “Plea”) with the Government wherein defendant plead guilty to one charge of conspiracy.  Under the Plea, the Government agreed to dismiss and to not prosecute in the future, the remaining charges including, but not limited to, all charges relating to ESSI when defendant is sentenced.  The sentencing hearing is currently set for September 21, 2020.

(7)  On September 10, 2018 the Company received a Letter of Summons and Notice of Complaint from Wendy Maguire, Vice President of Business Development for Ga Du Corporation, filed in the United States District Court from the Western District of Washington on September 4, 2018 and naming the Company, its subsidiary Ga Du Corporation and two of the Company's officers as Defendants. The Claims filed under the Complaint include payment of accrued and unpaid wages, legal fees and damages.  The Company has filed its Answer.  Plaintiff filed a Motion for Summary Judgment on March 14, 2019 on her statutory claim for unpaid wages and on her claim for breach of employment contract.  The motion has been fully briefed.  On May 13, 2020, plaintiff’s motion for summary judgment as to the personal liability of corporate officers of ESSI and Ga-Du under the Washington Wage Rebate Act was Granted. Corporate officers of ESSI and its subsidiary Ga-Du are jointly and severally liable (along with ESSI and its wholly-owned subsidiary Ga-Du) for $240,000 in unpaid wages, another $240,000 in exemplary damages, attorney’s fees, and prejudgment interest. Defendants’ cross-motions regarding personal liability was denied.

The Company is vigorously defending all of the aforementioned lawsuits where the action has yet to be adjudicated, dismissed or judgement entered. The successful defense of any of the outstanding lawsuits is undeterminable at this time, as are the extent of any possible damages.

F-20

ECO SCIENCE SOLUTIONS, INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Six months ended July 31, 2020

NOTE 13: SUBSEQUENT EVENTS

The Company has evaluated subsequent events from the balance sheet date through the date that the financial statements were issued and determined that there are no additional subsequent events to disclose.

F-21

ITEM 2.                MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward Looking Statements

This quarterly report contains forward-looking statements. These statements relate to future events or the Company's future financial performance. In some cases, forward-looking statements can be identified by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors" that may cause the Company's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

The Company's unaudited financial statements are stated in United States Dollars (US$) and are prepared in accordance with United States Generally Accepted Accounting Principles. The following discussion should be read in conjunction with the Company's financial statements and the related notes that appear elsewhere in this quarterly report.

The following discussion contains forward-looking statements that reflect the Company's plans, estimates and beliefs. The Company's actual results could differ materially from those discussed in the forward-looking statements. Factors that could cause or contribute to such differences include but are not limited to those discussed below and elsewhere in this quarterly report. All adjustments necessary for a fair statement of the results for the interim periods have been made, and all adjustments are of a normal recurring nature.

In this quarterly report, unless otherwise specified, all dollar amounts are expressed in United States Dollars and all references to "common shares" refer to the common shares in the Company's capital stock.

As used in this quarterly report, the terms "we", "us", "our" and "ESSI" mean Eco Science Solutions, Inc. unless otherwise indicated. "Ga-Du" refers to our wholly owned subsidiary Ga-Du Corporation.

Description of Business

The Company was incorporated in the state of Nevada on December 8, 2009 under the name Pristine Solutions, Inc.  On February 14, 2014, the Company changed its name to Eco Science Solutions, Inc. ("ESSI")

With headquarters in Maui, Hawaii, Eco Science Solutions, Inc. is a bio and software technology-focused Company targeting the multibillion-dollar health and wellness industry. As consumers continue to take ownership of their health, wellness and alternative medicines they consume, there is a growing shift away from the sole dependence on large pharmaceutical companies and prescription drugs.  Thus, in 2020 and beyond, there will be a growing need for both established and new health and wellness businesses to address this increasing demand. In recent years the Company has changed the focus of its original strategy from App based revenue to revenue generated from several key operational areas, including the licensed Herbo Enterprise Software.  Herbo is a customizable, all-in-one business software (SaaS) and resource for businesses in the Cannabis and Hemp industries. Herbo provides the software, custom web development, operational training and support needed to plan and manage Marijuana or CBD businesses. The software has provided businesses with intelligence software for over 15 years, while offering seed-to-sale software solutions to the Cannabis and Hemp industries since 2010.

Cultivators, Processors, Manufacturers, Labs, Distributors, Transporters, Dispensaries, Retailers and Regulators, from seed-to-CPA are all target users of Herbo.

5

The Company intends to be a vertically integrated provider of consumer and enterprise technology products and services, which assist consumers, companies, brands and entrepreneurs to effectively transact business, with compliance, in the combined multi-billion-dollar cannabis and CBD hemp industries. 

The Company's consumer initiatives are currently centered on education and connecting consumers with various cannabis and CBD hemp businesses.  Its enterprise initiatives are focused on developing technology and accounting solutions, coupled with data analytics to help businesses to be more effective in their abilities to connect, market, and sell to consumers.

Over the past several years, ESSI has developed technology and service relationships with those in farming, extraction, manufacturing and distribution in both the cannabis and CBD hemp industries.  Along with its subsidiary Ga-Du, ESSI is now able to provide a 360-degree ecosystem for business location, localized communications between consumers and business operators, on-topic social networking, inventory management / selection, payment facilitation and cash management.

* Eco Science Solutions, Inc. is not in the business of growing, manufacturing, or distributing cannabis.

Current business overview

Our business operations commenced generating modest revenues subsequent to our fiscal year ended January 31, 2018 and up to the period ended October 31, 2018, when the initial phase of our eXPO^TM beta revenue model testing were complete. Subsequently the operations were suspended through August 2019, during which time AFN solidified its’ primary banking relationship and is now able to service and scale as needed with the client’s needs. While AFN re-commenced operating the eXPO^TM platform during August 2019, Ga-Du does not yet have any additional revenue allocations. Presently AFN is growing exclusively on a Member referral basis. We expect revenue from this agreement to resume during fiscal 2021. During fiscal 2020 we took steps to shift our focus to monetizing our Herbo branded apps and recently developed enterprise software to assist companies in the cannabis industry to simplify their processes, remain compliant, and enjoy steady growth. 

During fiscal 2020 the Company and Haiku Holdings LLC ("Haiku"), a company controlled by our CFO and board member, Mr. Mike Rountree, entered into a Trademark Licensing Agreement whereunder our Licensed Marks, including and incorporating Herbo, may be used by Haiku to facilitate business including lead generation and referral services. Subsequently our agreements with Haiku were expanded to include a Software Reseller Agreement with respect to the Herbo suite of enterprise software offerings owned by Haiku.  Under the terms of our Reseller agreements with Haiku we commenced generating revenues from licensing of the Herbo software during fiscal 2020 and continue to seek expansion of this growing area of operation during fiscal 2021.

Results of Operations

Comparison of the three months ended July 31, 2020 and 2019:

The following summary of the Company's results of operations should be read in conjunction with the Company's unaudited consolidated financial statements for the three months ended July 31, 2020 and 2019:

	For the Three Months Ended July 31,
	2020			2019
Revenue	$	14,730		$	-
Revenue, related parties		2,697			-
Total revenue		17,427			-
Operating expenses:
Cost of revenue		13,122			-
Depreciation		443			1,105
Legal, accounting and audit fees		30,131			60,236
Management and consulting fees		85,000	)		277,000
Research, development, and promotion		36,469			-
Office supplies and other general expenses		45,177			13,130
Advertising and marketing		1,650			12,146
Total operating expenses		211,992			363,617
Net operating loss		(194,565	)		(363,617	)
Other income (expenses)
Interest income		-			3,000
Interest expense		(64,401	)		(62,816	)
Total other income (expense)		(64,401	)		(59,816	)
Net loss	$	(258,966	)	$	(423,433	)

6

Revenue

During the three months ended July 31, 2020, the Company generated $17,427 in total revenue of which $2,697 was from contracts with related parties, as compared to $Nil in the three months ended July 31, 2019. Revenue recorded during the most recently completed three-month period relates directly to the licensing of the Herbo enterprise software to various customers. We entered into amendments to certain licensing and marketing agreements subsequent during fiscal 2019 which provide for fee-based income calculated retroactively between March and October 2018 as a result of certain beta trials with respect to the eXPO^TM platform, as at July 31, 2020, the amounts generated from this agreement have not been received by the Company and therefore while revenue has been generated, no revenue has been recorded in our financial statements.  We intend to record the revenue attributable to the Company of $28,431 upon receipt.

Cost of Revenue

Costs of revenue consist of the direct expenses incurred to generate revenue, including fees and commissions payable. Such costs are recorded as incurred. During the three months ended July 31, 2020 we incurred costs of $13,122 as compared to $Nil during the three months ended July 31, 2019.  Current costs are related to sales of our licensed Herbo enterprise software.  Our ongoing costs of revenue will consist consists primarily of fees and commissions paid in respect to the operation and installation of our Herbo enterprise software.  In the case of revenue earned by our wholly owned subsidiary, when recorded, proceeds allocated to our revenue interest are net of associated costs.

General and Administrative Expenses

	For the three Months Ended July 31,
	2020		2019		Variances
Operating expenses:
Cost of revenue	$	13,122	$	-	$	13,122
Depreciation		443		1,105		(662	)
Legal, accounting and audit fees		30,131		60,236		(30,105	)
Management and consulting fees		85,000		277,000		(192,000	)
Research, development, and promotion		36,469		-		36,469
Office supplies and other general expenses		45,177		13,130		(32,047	)
Advertising and marketing		1,650		12,146		(10,496	)
Total operating expenses	$	211,992	$	363,617	$	(151,625	)

General and administrative expenses during the three-month period ended July 31, 2020 of $211,992 ($363,617- 2019) include management and consulting fees of $85,000 as compared to $277,000 in the comparative three months ended July 31, 2019.  This decrease to management fees is a direct result of the departure of certain consultants during fiscal 2020, and the Company’s determination not to renew certain contracts on their expiry. Expenditures of $1,650 during the three months ended July 31, 2020 (2019 - $12,146) on advertising and marketing reflect a reduction in costs paid to Yahoo as the Company has refocused its marketing efforts on its licensed Herbo enterprise software suite through a reseller agreement and curtailed its app marketing expenses during the current three-month period.  During the current three months the Company recorded costs of revenue of $13,122 compared to $Nil in the prior comparative three-month period as we were able to expand our customer base for our licensed Herbo Enterprise Software.  Legal, accounting and audit fees incurred in the three-month period ended July 31, 2020 of  $30,131 have also decreased substantially as compared to $60,236 in the prior comparative period as the Company's legal fees with respect to certain ongoing litigation declined in the current period as legal actions are moving to settlement.   The Company expended $36,469 on research, development and promotion in the current three months ended July 31, 2020 as we continued improvements to our licensed Herbo enterprise software as compared to $Nil in the same three months ended July 31, 2019.  Office supplies and other general expenses increased period over period and totaled $45,177 (2020) and $13,130 (2019), respectively.

7

The Company reduced its operating expenses by $151,625 over the respective three-month periods ended July 31, 2020 and 2019.

The Company recorded interest expense of $64,401 and $62,816 in respect of certain convertible notes and other loan agreements, respectively during the three months ended July 31, 2020 and 2019.  Interest income recorded in the three months ended July 31, 2020 and 2019 totaled $Nil and $3,000, respectively.

The net loss in the comparative three-month periods ended July 31, 2020 and 2019 totaled $258,966 and $423,433, respectively.

Comparison of the six months ended July 31, 2020 and 2019

The following summary of the Company's results of operations should be read in conjunction with the Company's unaudited consolidated financial statements for the six months ended July 31, 2020 and 2019:

	For the Six Months Ended July 31,
	2020			2019
Revenue	$	32,259		$	-
Revenue, related parties		5,394			-
Total revenue		37,653			-
Operating expenses:
Cost of revenue		26,644			-
Depreciation		1,548			2,211
Legal, accounting and audit fees		65,237			137,950
Management and consulting fees		80,000			568,000
Research, development, and promotion		71,521			19,764
Office supplies and other general expenses		94,173			61,956
Advertising and marketing		3,240			27,903
Total operating expenses		342,363			817,784
Net operating loss		(304,710	)		(817,784	)
Other income (expenses)
Interest income		-			6,000
Interest expense		(127,203	)		(123,104	)
Total other income (expense)		(127,303	)		(117,104	)
Net loss	$	(431,913	)	$	(934,888	)

Revenue

During the six months ended July 31, 2020, the Company generated $37,653 in total revenue of which $5,394 was from contracts with related parties, as compared to $Nil in the six months ended July 31, 2019. Revenue recorded during the most recently completed six-month period relates directly to the licensing of the Herbo enterprise software to various customers. We entered into amendments to certain licensing and marketing agreements subsequent during fiscal 2019 which provide for fee-based income calculated retroactively between March and October 2018 as a result of certain beta trials with respect to the eXPO^TM platform, as at July 31, 2020, the amounts generated from this agreement have not been received by the Company and therefore while revenue has been generated, no revenue has been recorded in our financial statements.  We intend to record the revenue attributable to the Company of $28,431 upon receipt.

8

Cost of Revenue

Costs of revenue consist of the direct expenses incurred to generate revenue, including fees and commissions payable. Such costs are recorded as incurred. During the six months ended July 31, 2020 we incurred costs of $26,644 as compared to $Nil during the six months ended July 31, 2019.  Current costs are related to sales of our licensed Herbo enterprise software.  Our ongoing costs of revenue will consist consists primarily of fees and commissions paid in respect to the operation and installation of our Herbo enterprise software.  In the case of revenue earned by our wholly owned subsidiary, when recorded, proceeds allocated to our revenue interest are net of associated costs.

General and Administrative Expenses

	For the Six Months Ended July 31,
	2020		2019		Variances
Operating expenses:
Cost of revenue	$	26,644	$	-	$	26,644
Depreciation		1,548		2,211		(663	)
Legal, accounting and audit fees		65,237		137,950		(72,713	)
Management and consulting fees		80,000		568,000		(488,000	)
Research, development, and promotion		71,521		19,764		51,757
Office supplies and other general expenses		94,173		61,956		(32,217	)
Advertising and marketing		3,240		27,903		(24,663	)
Total operating expenses	$	342,363	$	817,784	$	(475,421	)

General and administrative expenses during the six-month period ended July 31, 2020 of $342,363 ($817,784 - 2019) include management and consulting fees of $80,000 as compared to $568,000 in the comparative six months ended July 31, 2019.  This decrease to management fees is a result of a reduction in consulting fees during the current six-month period due to the departure of certain consultants and management and the Company’s determination not to renew certain contracts on their expiry, as well as a credit related to certain prior accrued fees for consulting services in the amount of $90,000 which were forgiven in the current six months ended July 31, 2020. Expenditures of $3,240 during the three months ended July 31, 2020 (2019 - $27,903) on advertising and marketing reflect a reduction in costs paid to Yahoo as the Company has refocused its marketing efforts on its licensed Herbo enterprise software suite through a reseller agreement and curtailed its app marketing expenses during the current six-month period.   During the current six months the Company recorded costs of revenue of $26,644 compared to $Nil in the prior comparative six-month period as we were able to expand our customer base for our licensed Herbo Enterprise Software.  Legal, accounting and audit fees incurred in the six month period ended July 31, 2020 of  $65,237 have also decreased substantially as compared to $137,950 in the prior comparative period as the Company's legal fees with respect to certain ongoing litigation declined in the current period as legal actions are moving to settlement.   The Company expended $71,521 on research, development and promotion in the current six months ended July 31, 2020 as we continued improvements to our licensed Herbo enterprise software as compared to $19,764 in the same six months ended July 31, 2019.  Office supplies and other general expenses increased period over period and totaled $94,1736 (2020) and $61,956 (2019), respectively.

The Company reduced its operating expenses by $475,421 over the respective six-month periods ended July 31, 2020 and 2019.

The Company recorded interest expense of $127,203 and $123,104 in respect of certain convertible notes and other loan agreements, respectively during the six months ended July 31, 2020 and 2019.  Interest income recorded in the six months ended July 31, 2020 and 2019 totaled $Nil and $6,000, respectively.

The net loss in the comparative six-month periods ended July 31, 2020 and 2019 totaled $431,913 and $934,888, respectively.

9

Plan of Operation

The Company changed the focus of its business at the close of fiscal 2016 to operate in the ecofriendly technology sector using social media sites and offering apps to generate advertising revenues and download fees. During fiscal 2017 the Company laid the groundwork for income generation from these services by investing in ongoing development of its applications, websites and visibility in both the local and global market.  The Company has invested heavily in advertising and research and development to allow its applications and ecommerce website visibility on a global stage. During fiscal 2018 we further added to our business portfolio with the acquisition of Ga-Du corporation and the entry into a licensing and marketing agreement that should see the Company generating revenues in fiscal 2019.  During fiscal 2019, the Company licensed the Herbo Enterprise Software suite and completed certain customization efforts, which has allowed the Company to commence generating revenue by way of sales of software licenses during fiscal 2020 and during the current six months ended July 31, 2020.  The Company's need for ongoing capital by way of loans, sale of equity and/or convertible notes is expected to continue during the current fiscal year until we can establish substantive revenues from operations. We have also had to rely heavily on loans from related parties in our most recently completed fiscal year as we work to have our shares returned for quotation to the OTCMarkets. There are no assurances additional capital will be available to the Company on acceptable terms or that this equity line will be available to us when needed.

Future funding could result in potentially dilutive issuances of equity securities, the incurrence of debt, contingent liabilities and/or amortization expenses related to goodwill and other intangible assets, which could materially adversely affect the Company's business, results of operations and financial condition. Any future funding might require the Company to obtain additional equity or debt financing, which might not be available on terms favorable to the Company, or at all, and such financing, if available, might be dilutive.

Going Concern

These unaudited condensed consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated significant revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.  As at July 31, 2020, the Company had a working capital deficit of $11,678,088 and an accumulated deficit of $73,479,995. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

The recent COVID-19 pandemic could have an adverse impact on the Company going forward.  COVID-19 has caused significant disruptions to the global financial markets, which may severely impact the Company’s ability to raise additional capital and to pursue certain planned business activities. The Company may be required to cease operations if it is unable to finance its’ operations. The full impact of the COVID-19 outbreak continues to evolve as of the date of this report and is highly uncertain and subject to change. Management is actively monitoring the situation but given the daily evolution of the COVID-19 outbreak, the Company is not able to estimate the effects of the COVID-19 outbreak on its operations or financial condition in the next 12 months. There are no assurances that the Company will be able to meet its obligations, raise funds or continue to implement its planned business objectives to obtain profitable operations.

The unaudited consolidated financial statements reflect all adjustments consisting of normal recurring adjustments, which, in the opinion of management, are necessary for a fair presentation of the results for the periods shown. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.

10

Liquidity and Capital Resources

As of July 31, 2020, the Company had total current assets of $57,901, and total current liabilities of $11,735,989 as compared to $59,310 in current assets and $11,307,033 in total current liabilities at the fiscal year ended January 31, 2020. The Company has limited financial resources available outside loans from its officers and directors and funds it has obtained through use of convertible notes and loans from related parties.  We have recently commenced generating revenue from the licensing of our Herbo Enterprise Software, however, these revenues are not yet sufficient to meet our ongoing operational overhead. While the Company entered into an Equity Purchase Agreement to sell up to 10,000,000 shares of our common stock (Ref: Note 11(b)) to the financial statements contained herein) we have been unable to obtain any funding under this agreement in the most recently completed fiscal year. There can be no guarantee the Company will receive proceeds from loans, related party advances or convertible notes sufficient to meet its ongoing operational overheads.  While we have generated modest revenue in fiscal 2020 and in the current quarter from the Herbo Enterprise Software, as well as $28,431 during fiscal 2019 relative to Ga-Du’s agreements with AFN, which will be recorded when received from our licensing partner, we do not yet have resources to meet our operational shortfalls.  Without realization of additional capital, it would be unlikely for the Company to continue as a going concern. As noted, additional working capital may be sought through additional debt or equity private placements, additional notes payable to banks or related parties (officers, directors or stockholders), or from other available funding sources at market rates of interest, or a combination of these. The ability to raise necessary financing will depend on many factors, including the nature and prospects of any business to be acquired and the economic and market conditions prevailing at the time financing is sought. During the most recently completed fiscal year management has obtained additional funding with success, however there is no guarantee we will be able to continue to obtain financing if and when required. The current economic downturn and ongoing impact of COVID-19 may make it difficult to find new capital sources for the Company should they be required. 

Cash flows from operating activities

During the six months ended July 31, 2020 and 2019 the Company used $232,688 and $352,856 of cash for operating activities respectively. The decrease in cash used in operating activities period over period is attributed to a reduction to the net loss reported in the six months ended July 31, 2020 as compared to the same six months in 2019. Current period results include an increase to related party payables of $126,514 as compared to $265,986 in the same six-month period in 2019, and an increase to accounts payable of $72,046  in the current six months as compared to an increase of $319,835 in the period ended July 31, 2019.  This is primarily due to the settlement of certain prior accrued consulting fees at a discount to the originally recorded contract value.  The Company recorded an increase to prepaid expenses of $6,000 during the six months ended July 31, 2019, with no comparable results during the current six months ended July 31, 2020.  Finally, we recorded a decrease to accounts receivable in the current six months ended July 31, 2020 of $4,511 and an increase to related party receivables of $5,394 with no comparable results during the six months ended July 31, 2019.

Cash flows from investing activities

During the three months ended July 31, 2020 and 2019, the Company used no cash for investing activities.

Cash flows from financing activities

During the six months ended July 31, 2020 and 2019 the Company repaid $5,000 and $Nil of notes payable.  Further during the current six months ended July 31, 2020 the Company received related party loans of $235,396 as compared to $353,618 in the prior comparative six months ended July 31, 2019.

Future Financings

We anticipate continuing to rely on related party and third-party loans and equity sales of our common shares and/or shares for services rendered in order to continue to fund our business operations in the event of ongoing operational shortfalls. Issuances of additional shares will result in dilution to our existing shareholders. There is no assurance that we will achieve any of additional sales of our equity securities or arrange for debt or other financing to fund our research and development activities.

Contractual Obligations

The Company is a smaller reporting Company as defined by Rule 12b-2 of the Securities Act of 1934 and we are not required to provide the information under this item.

Off-Balance Sheet Arrangements

The Company has no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on the Company's financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

Critical Accounting Policies

The preparation of our condensed consolidated financial statements and notes thereto requires management to make estimates and assumptions that affect the amounts and disclosures reported within those financial statements. On an ongoing basis, management evaluates its estimates, including those related to revenue recognition, contingencies, litigation and income taxes. Management bases its estimates and judgments on historical experiences and on various other factors believed to be reasonable under the circumstances. Actual results under circumstances and conditions different than those assumed could result in differences from the estimated amounts in the financial statements. There have been no material changes to these policies during the six months ended July 31, 2020.  Refer to Note 2 to our unaudited condensed consolidated financial statements contained herein.

11

Recently issued accounting pronouncements

The Company has reviewed all recently issued, but not yet effective, accounting pronouncements and does not believe the future adoption of any such pronouncements will have a material impact on its financial condition or the results of its operations.

ITEM 3.                QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company is a smaller reporting Company as defined by Rule 12b-2 of the Securities Act of 1934 and we are not required to provide the information under this item.

ITEM 4.                CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

Our management is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

An evaluation was conducted under the supervision and with the participation of our management of the effectiveness of the design and operation of our disclosure controls and procedures as of July 31, 2020. Based on that evaluation, our management concluded that our disclosure controls and procedures were not effective as of such date to ensure that information required to be disclosed in the reports that we file or submit under the Exchange Act, is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms. Such officer also confirmed that there was no change in our internal control over financial reporting during the six-month period ended July 31, 2020 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Changes in Internal Control over Financial Reporting

There have been no changes in the Company's internal controls over financial reporting that occurred during the six months ended July 31, 2020 that have materially, or are reasonably likely to materially, affect the Company's internal controls over financial reporting.

12

PART II

ITEM 1.                LEGAL PROCEEDINGS

(1)On July 7, 2017, a purported shareholder of Eco Science Solutions, Inc. (the "Company"), Mr. Jimmie Glorioso, filed a verified shareholder derivative complaint against Jeffrey L. Taylor, Don L. Taylor (collectively, Jeffrey and Don Taylor are the "Taylors"), L. John Lewis and S. Randall Oveson, directors and officers in the Company, and Gannon Giguiere (collectively, the Taylors, Lewis, Oveson and Giguiere are the "Individual Defendants"), in the First Judicial District Court of the State of Nevada, Carson City County (the "Nevada Complaint"). Mr. Glorioso filed an amended complaint on or about January 11, 2019. The Company is identified as a nominal defendant, against which no claims are plead. The Nevada Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of Company. The Nevada Complaint asserts claims on behalf of the Company for breach of fiduciary duties against the Individual Defendants, aiding and abetting the breach of fiduciary duties against Lewis, Oveson and Giguiere, against the Individual Defendants for waste of corporate assets, and unjust enrichment against the Individual Defendants. The Nevada Complaint (1) seeks judicial declarations that (i) Mr. Glorioso may maintain this action on behalf of the Company and (ii) all individual defendants have breached and/or aided and abetted the breach of their fiduciary duties to the Company; (2) seeks damages to the Company allegedly sustained as a result of the acts/omissions of all individual defendants; (3) seeks an order directing the Company and all individual defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company.

(2)On October 20, 2017, a purported shareholder of the Company, Mr. Ian Bell, filed a verified stockholder derivative complaint against the Individual Defendants in the United States District Court for the District of Hawaii (the "First Hawaii Complaint"). On January 11, 2018, a purported shareholder of the Company, Mr. Marc D' Annunzio, filed a verified stockholder derivative complaint against the Individual Defendants in the United States District Court for the District of Hawaii (the "Second Hawaii Complaint"). On February 9, 2018, the Hawaii federal court consolidated the First Hawaii Complaint and the Second Hawaii Complaint (the "Consolidated Hawaii Action"). On December 10, 2018, plaintiffs in the Consolidated Hawaii Action filed their amended complaint (the "Amended Hawaii Complaint"). The Company is identified as a nominal defendant, against which no claims are plead. The Amended Hawaii Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of the Company. The Amended Hawaii Complaint asserts claims on behalf of the Company for breach of fiduciary duty against the Taylors and Mr. Lewis and Mr. Oveson, for aiding and abetting breaches of fiduciary duties against Mr. Lewis and Mr. Oveson, for aiding and abetting breaches of fiduciary duties against Mr. Giguiere, for waste of corporate assets against the Individual Defendants, and for unjust enrichment against the Individual Defendants. The Amended Hawaii Complaint seeks damages for the alleged breaches of fiduciary duties, aiding and abetting, waste and unjust enrichment, demands restitution and disgorgement and requests an order directing the Company and all individual defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company. The Parties have agreed to mediate the potential resolution of all claims with U.S. Magistrate Judge Wes R. Porter on December 3, 2019 in Honolulu. The Parties have agreed to continue their settlement discussions, which are ongoing, in good faith.  There is no guarantee that the claims will be settled.

(3)On November 3, 2017, a purported shareholder of the Company, Mr. Hans Menos, filed a verified shareholder derivative complaint against the Individual Defendants in the United States District Court for the District of Nevada (the "Nevada Federal Complaint"). Mr. Menos amended the Nevada Federal Complaint on December 21, 2018. The Company is identified as a nominal defendant, against which no claims are plead. The Nevada Federal Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of Company. The Nevada Federal Complaint asserts claims on behalf of the Company for breach of fiduciary duties against the Individual Defendants, for aiding and abetting breaches of fiduciary duties against Mr. Giguiere, Mr. Lewis and Mr. Oveson, unjust enrichment against the Individual Defendants, waste of corporate assets against the Individual Defendants, abuse of control against the Individual Defendants, and gross mismanagement against the Individual Defendants. The Nevada Federal Complaint (I) seeks judicial declarations that (i) Mr. Menos may maintain this action on behalf of the Company and (ii) the Individual Defendants have breached and/or aided and abetted the breach of their fiduciary duties to the Company; (2) seeks damages to the Company allegedly sustained as a result of the acts/omissions of the Individual Defendants; (3) seeks an order directing the Company and the Individual Defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company. On March 2, 2020, the parties to the Nevada Federal Complaint stipulated to the dismissal thereof, which the Court approved on March 3, 2020.

(4)On February 1, 2019, the lead plaintiff, Mr. Richard Raschke, a purported shareholder of the Company, filed an amended consolidated class action complaint against the Company, the Taylors, and Mr. Gannon Giguiere in the United States District Court for the District of New Jersey (the "Class Action"). The Class Action arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or  on  behalf  of Company. The Class Action asserts claims against all defendants for violation of Section 10(b) of the Securities Exchange Act of 1934 (the "Act"), violation of Section 20(a) of the Act against the Taylors and Giguiere and Violation of Section 20(b) against Mr. Giguiere. The Class Action seeks (1) certification of the purported class of plaintiffs, (2) compensatory damages in favor of the class and (3) an award of reasonable costs and expenses. Defendants have moved to stay this action.  By consent of the parties, the Court has agreed to suspend this matter pending resolution of the consolidated derivative action in Hawaii.

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(5)Although the following lawsuit was not filed against the Company or any of its officers or directors, it nonetheless has a huge impact on the Company. On July 6, 2018, the Securities and Exchange Commission (the "SEC") filed a Complaint against Gannon Giguiere ("Giguiere"), president of Phenix Ventures, LLC and the Company's largest outside funder. The Complaint alleges Mr. Giguiere's involvement in certain activities, of which the Company, its' officers, board members, and others directly involved with the Company, have no knowledge of. The Complaint seeks monetary and injunctive relief. On October 24, 2018, the Court granted the U.S. Government's motion to intervene in the proceedings and stay the action pending resolution of parallel criminal proceedings (described below). Pursuant to the Complaint being filed, the Company continues to seek funding elsewhere as it requires outside funding until it generates more consistent revenue. The Company previously filed an S-1 Registration Statement whereby Phenix would fund the Company in exchange for shares of common stock, and upon Put Notices; to date, there have been no Put Notices and no funds from Phenix Ventures have been distributed to the Company under the registration statement - no shares have been issued pursuant to the Registration Statement.

(6)On June 29, 2018, the United States Government filed an indictment as to Gannon Giguiere in the U.S. District Court for the Southern District of California. In a Superseding Indictment, filed on January 25, 2019, the United States alleges that the defendant engaged in a scheme to manipulate the market for the common stock of two penny stock issuers, including ESSI.  The United States claims that Mr. Giguiere is guilty of (1) conspiracy to commit securities fraud and manipulative trading and (2) securities fraud.  On April 22, 2019, Mr. Giguiere entered a plea of not guilty to each of the counts against him in the Superseding Indictment.   On July 23, 2019, defendant entered into a Plea Agreement (the “Plea”) with the Government wherein defendant plead guilty to one charge of conspiracy.  Under the Plea, the Government agreed to dismiss and to not prosecute in the future, the remaining charges including, but not limited to, all charges relating to ESSI when defendant is sentenced.  The sentencing hearing is currently set for September 21, 2020.

(7)On September 10, 2018 the Company received a Letter of Summons and Notice of Complaint from Wendy Maguire, Vice President of Business Development for Ga Du Corporation, filed in the United States District Court from the Western District of Washington on September 4, 2018 and naming the Company, its subsidiary Ga Du Corporation and two of the Company's officers as Defendants. The Claims filed under the Complaint include payment of accrued and unpaid wages, legal fees and damages.  The Company has filed its Answer.  Plaintiff filed a Motion for Summary Judgment on March 14, 2019 on her statutory claim for unpaid wages and on her claim for breach of employment contract.  The motion has been fully briefed.  On May 13, 2020, plaintiff’s motion for summary judgment as to the personal liability of corporate officers of ESSI and Ga-Du under the Washington Wage Rebate Act was Granted. Corporate officers of ESSI and its subsidiary Ga-Du are jointly and severally liable (along with ESSI and its wholly-owned subsidiary Ga-Du) for $240,000 in unpaid wages, another $240,000 in exemplary damages, attorney’s fees, and prejudgment interest. Defendants’ cross-motions regarding personal liability was denied.

The Company is vigorously defending all of the aforementioned lawsuits where the action has yet to be adjudicated, dismissed or judgement entered. The successful defense of any of the outstanding lawsuits is undeterminable at this time, as are the extent of any possible damages.

Other than as set out above, the Company knows of no material, existing or pending legal proceedings against it, nor is the Company involved as a plaintiff in any material proceeding or pending litigation. There are no proceedings in which its director, officer or any affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to its interest.

ITEM 1A.             RISK FACTORS

The Company is a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and is not required to provide the information under this item.

14

ITEM 2.                UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

There were no sales of equity securities during the period covered by this Report which have not been prior disclosed on Current Report on Form 8-K, Form 10-Q or Form 10-K.

ITEM 3.                DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.                MINE SAFETY STANDARDS

Not applicable.

ITEM 5.                OTHER INFORMATION

None.

ITEM 6.                EXHIBITS, FINANCIAL STATEMENT SCHEDULES

Exhibit Number	Exhibit Description
(31)	Rule 13a-14(a)/15d-14(a) Certifications
31.1	Certification of our Chief Executive Officer pursuant to Rule 13(a)-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended	Filed herewith
31.2	Certification of our Chief Financial Officer pursuant to Rule 13(a)-14(a)/15d-14(a) of the Securities Exchange Act of 1934, as amended	Filed herewith
(32)	Section 1350 Certifications
32.1	Certification of our Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002	Filed herewith
32.2	Certification of our Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes Oxley Act of 2002	Filed herewith
(101)	Interactive Data Files
101.INS	XBRL Instance Document	Filed herewith
101.SCH	XBRL Taxonomy Extension Schema Document	Filed herewith
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document	Filed herewith
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document	Filed herewith
101.LAB	XBRL Taxonomy Extension Label Linkbase Document	Filed herewith
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document	Filed herewith

15

SIGNATURES
 

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	ECO SCIENCE SOLUTIONS, INC.
September 21, 2020	/s/ Jeffery Taylor
	Jeffery Taylor
	President, Chief Executive Officer, Secretary and Director

16

EX-31.1

SEC Reference - 31.1

Certification Pursuant to pursuant to Rule 13a-14(a) or Rule 15d-14(a)

of the Securities Exchange Act of 1934, as amended

I, Jeffery Taylor, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of Eco Science Solutions Inc.  (the "Company);
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	As the registrant's certifying officer, I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15-d-15 (f) for the registrant and I have:
	a)	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	designed such internal control over financial reporting, or caused such internal control over financial reporting   to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.
5.	As the registrant's certifying officer, I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):
	a)	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
	b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated: September 21, 2020	By:	/s/Jeffery Taylor
		Name: Jeffery Taylor
		Title: Principal Executive Officer

EX-31.2

SEC Reference - 31.2

Certification Pursuant to pursuant to Rule 13a-14(a) or Rule 15d-14(a)

of the Securities Exchange Act of 1934, as amended

I, Don Lee Taylor, certify that:

1.	I have reviewed this quarterly report on Form 10-Q of Eco Science Solutions Inc.  (the "Company);
2.	Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.	Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4.	As the registrant's certifying officer, I am responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15-d-15 (f) for the registrant and I have:
	a)	designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
	b)	designed such internal control over financial reporting, or caused such internal control over financial reporting   to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
	c)	evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
	d)	disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.
5.	As the registrant's certifying officer, I have disclosed, based on my most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent function):
	a)	all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
	b)	any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Dated: September 21, 2020	By:	/s/Don Lee Taylor
		Name: Don Lee Taylor
		Title: Principal Financial Officer

EX-32.1

SEC Reference 32.1

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Eco Science Solutions, Inc., a Nevada corporation (the "Company"), on Form 10-Q for the six month period ended July 31, 2020, as filed with the Securities and Exchange Commission (the "Report"), I, Jeffery Taylor, Principal Executive Officer of the Company, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350), that to my knowledge:

          (1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

          (2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

/s/Jeffery Taylor

Jeffery Taylor

Principal Executive Officer

Date: September 21, 2020

EX-32.2

SEC Reference 32.2

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Eco Science Solutions, Inc., a Nevada corporation (the "Company"), on Form 10-Q for the six month period ended July 31, 2020, as filed with the Securities and Exchange Commission (the "Report"), I, Don Lee Taylor, Principal Financial Officer of the Company, certify, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350), that to my knowledge:

          (1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)); and

          (2) The information contained in the Report fairly presents, in all material respects, the financial condition and result of operations of the Company.

/s/Don LeeTaylor

Don Lee Taylor

Principal Financial Officer

Date: September 21, 2020

XML

License and Master Marketing Agreement

6 Months Ended

Jul. 31, 2020

License and Master Marketing Agreement [Abstract]

LICENSE AND MASTER MARKETING AGREEMENT

NOTE 4: LICENSE AND MASTER MARKETING AGREEMENT

During fiscal 2018 the Company’s subsidiary Ga-Du entered into an Assignment Agreement with G&L Enterprises, wherein G&L Enterprises assigned to Ga-Du Corporation, all of its rights, interest in, and obligations under a License and Master Marketing Agreement (LMMA) it entered into with Alliance Financial Network, Inc. ("AFN").

AFN provides financial and enterprise services to businesses and individuals, including the cannabis industry, on a programmatic or membership basis from which AFN derives fees and income from enrolling companies in their financial program and providing a range of services, with respect to which AFN and Ga-Du derive fees and income on a fee based schedule.

The primary focus of AFN is a mobile application known as eXPO™ electronic eXchange Portal which provides virtual financial and enterprise services to businesses and individuals that are challenged in the traditional banking systems, and/or require more intensive compliance than banks are willing, or able to perform and/or do not have the technical expertise or financial wherewithal in house to develop their own FinTech solutions, including accounting and enterprise management software.  One such industry is the cannabis industry where AFN establishes Membership relationships with businesses in this industry, following a full compliance audit on the business. These services utilize the Herbo suite of software to effectively track transactional data for eXPO™ users, providing Ga-Du a share of all Cannabis related revenues received by AFN regardless of the source of revenues through (i) membership fees; (ii) cash depository fees; (iii) merchant processing and credit card fees; (iv) transfer fees; and (v) advertising fees.

AFN’s services operate on a national level with sales in both cannabis and non-cannabis-based industries.  While revenues allocated to Ga-Du are currently governed on a territory by territory basis, Ga-Du and AFN are actively negotiating an amendment to the agreements to become all inclusive.

In exchange for the revenue split under the LMMA, as amended in March 2018, Ga-Du agreed to pay to AFN $405,000 in three tranches for operational expenses and business development.

Under the terms of the aforementioned agreements with respect to a beta trial for the AFN services focused solely on the State of Colorado during the period May through October 31, 2018, $28,431 is payable to Ga-Du from revenue generated by operations on the eXPO^TM platform. Subsequently the operations were suspended through August 2019, during which time AFN solidified its’ primary banking relationship and is now able to service and scale as needed with the client’s needs. While AFN re-commenced operating the eXPO^TM platform during August 2019, Ga-Du does not yet have any additional revenue allocations.  Presently AFN is growing exclusively on a Member referral basis. We expect revenue from this agreement to resume during fiscal 2021.

XML

Prepaid Expenses

6 Months Ended

Jul. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

PREPAID EXPENSES

NOTE 5: PREPAID EXPENSES

Prepaid expenses consist of the following: 

	July 31, 2020		January 31, 2020
Office lease – Security deposits	$	13,127	$	13,127
Prepaid other expenses		19,865		19,865
Total prepaid expense	$	32,992	$	32,992

XML

Convertible Promisory Note Receivable

6 Months Ended

Jul. 31, 2020

Convertible Promisory Note Receivable [Abstract]

CONVERTIBLE PROMISORY NOTE RECEIVABLE

NOTE 6: CONVERTIBLE PROMISSORY NOTE RECEIVABLE

As discussed in Note 5, the Company acquired a convertible note receivable in the principal amount of $100,000 and accrued interest receivable in the amount of $14,533 on September 22, 2017.

The Note matures on July 6, 2018 and bears interest at a rate of 12% per annum and is payable to Ga-Du Corporation.  The Note can, at Ga-Du's option, be converted upon maturity into 1.12% of the equity of Alliance. The Company wrote off the balance of promissory note receivable on October 31, 2019. The Company wrote off the balance of principal and interest receivable on Oct 31, 2019.

XML

Notes Payable

6 Months Ended

Jul. 31, 2020

Debt Disclosure [Abstract]

NOTES PAYABLE

NOTE 7: NOTES PAYABLE

	Total
Balance, January 31, 2019	$	4,122,618
Repayment to Note 3		(7,500	)
Balance, January 31, 2020		4,115,118
Repayment to Note 3		(5,000	)
Balance, July 31, 2020	$	4,110,118

Note 1:

During the fiscal year ended January 31, 2017, the Company received an accumulated amount of $14,930 from a third party. The notes bear interest at a rate of 1% per annum, and each due three months from issue date. During the three and six months ended July 31, 2020, the Company accrued interest expense of $37 and $73, respectively. During the three and six months ended July 31, 2019, the Company accrued interest expense of $37 and $74, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $628 and $555, respectively.

Note 2:

During the fiscal year ended January 31, 2017, the Company received an amount of $50,000 from a third party. The note bears interest at a rate of 1% per annum and is due three months from issue date. As at January 31, 2018 the note became due and remained unpaid. During the three and six months ended July 31, 2020 the Company accrued interest expense of $126 and $249, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $126 and $248, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $1,875 and 1,626, respectively.

Note 3:

During the fiscal year ended January 31, 2017, the Company received an amount of $225,000 from a third party. The note bears interest at a rate of 6% per annum and is due one year from issue date.

During the fiscal year ended January 31, 2018 the Company received accumulated amounts of $1,842,500 from a third party. The notes bear interest at a rate of 6% per annum and each is due one year from issue date.

During the fiscal year ended January 31, 2019 the Company received accumulated amounts of $1,420,500 from a third party. The notes bear interest at a rate of 6% per annum and each is due one year from issue date.

On March 28, 2018 this third party purchased an additional $250,000 in notes from our COO, Mr. Michael Rountree. The purchased notes bear interest at a rate of 1% per annum beginning on June 27, 2018 and are payable within thirty days notice of the Maturity Date.

During the fiscal year ended January 31, 2020, the Company made cash payment of $7,500 to the note. During the six  months ended July 31, 2020, the Company made cash payment of $5,000 to the note.

During the three and six months ended July 31, 2020 the Company accrued interest expense of $56,342 and $111,495, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $56,531 and $111,218, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $604,446 and $492,951, respectively.

Note 4:

During the year ended January 31, 2019, the Company received accumulated amount of $305,266 from a third party. The notes bear interest at a rate of 1% per annum, and due nine months from issue date. During the three and six months ended July 31, 2020 the Company accrued interest expense of $716 and $1,417, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $717 and $1,410, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $5,723 and $4,306, respectively.

Note 5:

On September 12, 2018 the Company received amount of $14,422 from a third party. The notes bear interest at a rate of 1% per annum, and due nine months from issue date. During the three and six months ended July 31, 2020 the Company accrued interest expense of $36 and $72, respectively. During the three and six months ended July 31, 2019 the Company accrued interest expense of $36 and $72, respectively. As of July 31, 2020, and January 31, the Company has accrued interest payable of $255 and $183, respectively.

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Convertible Note Payable

6 Months Ended

Jul. 31, 2020

Convertible Note Payable [Abstract]

CONVERTIBLE NOTE PAYABLE

NOTE 8: CONVERTIBLE NOTE PAYABLE

During fiscal 2018, the Company entered into a convertible note for a total of $1,407,781 bearing interest at 1% per annum, beginning on November 1, 2017 and payable each 120 days as to any outstanding balance.  At the Maturity Date of this convertible debenture, Lender has the option to:

(a) Convert the $1,407,781 Debt, plus accrued interest, into shares of Eco Science Solutions, Inc. Common Stock, at the rate of 15% discount to the closing price on the day of lender's conversion request, per share; or

(b) Lender may demand full payment of $1,407,781 or any unpaid balance of the original debt, plus accrued interest from the Company.

The total beneficial conversion feature discount recognized was $496,864 which is being amortized over the terms of the convertible notes payable.  During the years ended January 31, 2019 and 2018 the Company recognized interest expense of $371,969 and $124,895, respectively, related to the amortization of the beneficial conversion feature discount. The unamortized balance of the beneficial conversion feature was $0 and $371,969 as of January 31, 2019 and January 31, 2018, respectively.  

As at the date of this report, the Lender has not made a demand for payment and the note is in default.

At July 31, 2020 and January 31, 2020, convertible note payable consisted of the following:

	July 31, 2020		January 31, 2020
Principal amount	$	1,407,781	$	1,407,781
Liability on stock settled debt		248,432		248,432
Convertible notes payable, net	$	1,656,213	$	1,656,213

During the three and six months ended July 31, 2020, the Company accrued interest expense of $3,598 and $7,117, respectively. During the three and six months ended July 31, 2019, the Company accrued interest expense of $3,598 and $7,078, respectively. As of July 31, 2020, and January 31, 2020, the Company has accrued interest payable of $39,261 and $32,144, respectively.

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Related Party Transactions

6 Months Ended

Jul. 31, 2020

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 9: RELATED PARTY TRANSACTIONS

As of July 31, 2020, and January 31, 2020, related parties are due a total of $2,848,861 and $2,371,738, respectively.

	July 31, 2020		January 31, 2020
Related party payables (1)(2)(4)(5)(6)(7)	$	1,491,847	$	1,365,333
Notes payable (3)(4)		1,534,045		1,298,649
Total related party transactions	$	3,025,892	$	2,371,738

Services provided from related parties:

	Three Months Ended July 31,				Six Months Ended July 31,
	2020		2019		2020		2019
Mr. Jeffery Taylor (1)	$	28,750	$	28,750	$	57,500	$	57,500
Mr. Don Lee Taylor (1)		26,250		26,250		52,500		52,500
Ms. Jennifer Taylor (2)		9,000		9,000		18,000		18,000
Mr. Michael Rountree (4)		30,000		30,000		60,000		60,000
L. John Lewis (5)		-		30,000		-		60,000
S. Randall Oveson (6)		-		30,000		-		60,000
Mr. Andy Tucker (7)		-		30,000		-		60,000
	$	94,000	$	184,000	$	188,000	$	368,000

Interest expenses from related parties:

	Three Months Ended July 31,				Six Months Ended July 31,
	2020		2019		2020		2019
Mr. Jeffery Taylor (3)	$	-	$	-	$	-	$	21
Mr. Don Lee Taylor (3)		33		33		65		75
Mr. Michael Rountree (4)		3,085		1,311		5,866		2,066
Mr. Lewis (5)		429		428		848		843
	$	3,547	$	1,772	$	6,779	$	3,005

Revenue from related parties:

	Three Months Ended July 31,						Six Months Ended July 31,
	2020			2019			2020			2019
Greenfield Groves Inc. (5)		$	2,697		$	-		$	5,394		$	21

(1)  Effective December 17, 2015, Mr. Jeffery Taylor was appointed to serve as Chief Executive Officer of the Company and Mr. Don Lee Taylor was appointed to serve as Chief Financial Officer of the Company.   On December 21, 2015, the Company entered into employment agreements with Mr. Jeffery Taylor and Mr. Don Lee Taylor for a period of 24 months, where after the contract may be renewed in one-year terms at the election of both parties.  Jeffery Taylor shall receive an annual gross salary of $115,000 and Don Lee Taylor shall receive an annual gross salary of $105,000 payable in equal installments on the last day of each calendar month and which may be accrued until such time as the Company has sufficient cash flow to settle amounts payable.  Further under the terms of the respective agreements all inventions, innovations, improvements, know-how, plans, development, methods, designs, analyses, specifications, software, drawings, reports and all similar or related information (whether or not patentable or reduced to practice) which relate to any of the Company's actual or proposed business activities and which are created, designed or conceived, developed or made by the Executive during the Executive's past or future employment by the Company or any Affiliates, or any predecessor thereof ("Work Product"), belong to the Company, or its Affiliates, as applicable. During the six months ended July 31, 2020, the company paid $72,000 to Mr. Jeffery Taylor and $0 to Mr. Don Lee Taylor.  As at July 31, 2020 there was a total of $44,637 owing to Mr. Jeffery Taylor (January 31, 2020 - $59,137) and $244,200 to Mr. Don Lee Taylor (January 31, 2020 - $191,700), respectively, in accrued and unpaid salary under the terms of the employment agreement.

(2)	For three and six months ended July 31, 2020 and July 31, 2019 the Company was invoiced a total of $9,000 and $18,000, respectively, as consulting services by Ms. Jennifer Taylor, sister of the Company's officers and directors. As at July 31, 2020 there was a total of $76, 000 in accrued and unpaid (January 31, 2020 - $58,000) consulting fees.
(3)	On February 17, 2016, the Company issued promissory notes to Mr. Jeffery Taylor, CEO, in the amount of $17,500 and to Mr. Don Lee Taylor, CFO, in the amount of $17,500, respectively. The notes bear interest at a rate of 1% per annum, maturing on August 17, 2016. During the fiscal year ended January 31, 2017, the company repaid $2,500 to Mr. Jeffery Taylor and $2,500 to Mr. Don Lee Taylor. During the fiscal year ended January 31, 2019, the July 31, 2020 there was a total of $0 owing to Mr. Jeffery Taylor (January 31, 2020 - $0) and $13,000 to Mr. Don Lee Taylor (January 31, 2020 - $13,000), respectively.
(4)	On June 21, 2017, the Company entered into an employment agreement with Michael Rountree whereby Mr. Rountree agreed to serve as the Company's Chief Operating Officer for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Rountree has a base salary at an annual rate of $120,000.  The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.  We recorded $120,000 in the fiscal years ended January 31, 2020 and 2019 under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $380,000 (January 31, 2020 - $320,000) in accrued and unpaid salary under the terms of the employment agreement. During the year ended January 31, 2019, the Company issued promissory notes to Mr. Rountree in the accumulated amount of $379,319. During the fiscal year ended January 31, 2020 the Company issued promissory notes to Mr. Rountree in the accumulated amount of $805,901. The notes bear interest at a rate of 1% per annum, each is due nine months from issue date.   During the six months ended July 31, 2020, the Company issued promissory notes to Mr. Rountree in the accumulated amount of $235,396. Licensing agreement with Haiku Holdings LLC ("Haiku") On March 1, 2019 the Company and Haiku Holdings LLC "Haiku", a company controlled by Mr. Rountree, entered into a Trademark Licensing Agreement.  Under the terms of the agreement, the Licensed Marks, including and incorporating Herbo, may be used by Haiku to facilitate the Company's business including lead generation and referral services. Further, as a result of any revenue generating business generated by Haiku, the Company shall receive 90% of the net revenue. The license remains in effect for a period of ten (10) years from the effective date of the agreement and may be terminated on sixty (60) days written notice by the Company should there be a material breach which remains uncured, or at any time on ten (10) days written notice by Haiku without cause. Software Reseller Agreement with Haiku Holdings LLC ("Haiku") Effective July 1, 2019, the Company (“Reseller”) entered into a Software Reseller Agreement with respect to the Herbo suite of software offerings with Haiku (“Licensor”). Licensor is the owner of certain computer software-as-a-service offerings and related documentation that it provides to end users. Under the terms of the agreement, the Reseller desires (a) a non-exclusive license of the Software and (b) a non-exclusive, non-transferable, non-assignable and limited right and license to reproduce, market, and distribute such Software, and Licensor agrees to grant to Reseller such right and license.  Under the terms of the agreement for each respective End User License Agreement (EULA) entered into with an End User, Reseller shall pay Licensor the corresponding license fee for the software usage of 10% of gross receipts from End Users. Fees are due on or prior to the 15th day of each calendar month in respect of all gross receipts received from End Users during the previous calendar month. During the three and six months ended July 31, 2020 the company recorded $1,743 and $3,735 as license fees under costs of sales, respectively.

(5) Revenue from Greenfield Groves Inc.   Greenfield Groves Inc. is owned by Lindsay Giguiere, wife of Gannon Giguiere, who is the president of Phenix Ventures LLC (See Note 11(b) below), and an over 5% shareholder of the Company’s common stock.  

(6) On June 21, 2017, Ga-Du entered into an employment agreement with L. John Lewis whereby Mr. Lewis accepted employment as Chief Executive Officer of Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Lewis has a base salary at an annual rate of $120,000. The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.  The employment agreement was not renewed on expiry. We recorded $0 and $60,000 in the six months period ended July 31, 2020 and 2019, respectively under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $240,000 in accrued and unpaid salary under the terms of the employment agreement (January 31, 2020 - $240,000).   During the three months ended April 30, 2018, Mr. Lewis paid $175,000 to third parties on behalf of the Company which amount has been recorded in Accounts payable – related parties.   On July 31, 2018, the Company issued promissory notes to Mr. Lewis to convert the payable to note payable in the amount of $170,000. The notes bear interest at a rate of 1% per annum, each is due nine month from issue date.   On April 15, 2020 Mr. L. John Lewis resigned all positions with the Company’s wholly owned subsidiary Ga-Du and also resigned as a director of ESSI. 

(7)

On June 21, 2017, Ga-Du Corporation, a wholly owned subsidiary of Eco Science Solutions Inc. entered into an employment agreement with S. Randall Oveson whereby Mr. Oveson accepted employment as Chief Operating Officer of Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Oveson has a base salary at an annual rate of $120,000.  The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.  The employment agreement was not renewed on expiry. We recorded $0 and $60,000 in the six months period ended July 31, 2020 and 2019, respectively under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $240,000 in accrued and unpaid salary under the terms of the employment agreement (January 31, 2020 - $240,000).

(8)

On June 21, 2017, Ga-Du entered into a consulting agreement with Andy Tucker, whereby Mr. Tucker will provide services to the Cannabis industry under development by the Company, as well as act as an advisor to various State regulators concerning the Cannabis industry for two years unless terminated earlier in accordance with the agreement. During the period of the agreement, Mr. Tucker has a base salary at an annual rate of $120,000.  Compensation payments shall be divided into twelve (12) equal monthly payments, payable in arrears on the last day of each month following the commencement of the agreement, provided that any partial month worked shall be payable on the last day of such partial month. The employment agreement was not renewed on expiry. We recorded $0 and $60,000 in the six months period ended July 31, 2020 and 2019, respectively under the terms of this agreement, all of which remains unpaid. As at July 31, 2020 there was a total of $240,000 in accrued and unpaid salary under the terms of the employment agreement (January 31, 2020 - $240,000).  Mr. Tucker holds approximately 11.45% of the Company's issued and outstanding shares.

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Capital Stock

6 Months Ended

Jul. 31, 2020

Equity [Abstract]

CAPITAL STOCK

NOTE 10: CAPITAL STOCK

Common Stock

The total number of authorized shares of common stock that may be issued by the Company is 650,000,000 shares with a par value of $0.0001.

As of July 31, 2020, and January 1, 2020, there were 48,557,572 shares issued and 47,557,572 shares outstanding. There were no shares issued during the six months ended July 31, 2020 or the fiscal year ended January 31, 2020.

Series A Voting Preferred Shares

On January 11, 2016, the Company's Board of Directors (the "Board") authorized the creation of 1,000 shares of Series A Voting Preferred Stock.  The holder of the shares of the Series A Voting Preferred Stock has the right to vote those shares of the Series A Voting Preferred Stock regarding any matter or action that is required to be submitted to the shareholders of the Company for approval.  The vote of each share of the Series A Voting Preferred Stock is equal to and counted as 10 times the votes of all of the shares of the Company's (i) common stock, and (ii) other voting preferred stock issued and outstanding on the date of each and every vote or consent of the shareholders of the Company regarding each and every matter submitted to the shareholders of the Company for approval.   The Series A Voting Preferred Stock will not be convertible into Common Stock.

As of July 31, 2020, and January 31, 2020, no Series A Voting Preferred Shares were issued.

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Commitments

6 Months Ended

Jul. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS

NOTE 11: COMMITMENTS

(a)   On March 22, 2016, we entered into a two-year lease commencing April 1, 2016 for a total of 253 square feet of office and 98 square feet of reception space. Monthly base rent for the period April 1, 2016 to March 31, 2017 is $526.50 per month and increases to $552.83 per month for the subsequent year ending March 31, 2018.  Operating costs for the first year of the lease were $258.06 per month.  The Company has remitted a security deposit in the amount of $817 in respect of the lease.  Further our officers and directors have executed a personal guarantee in respect of the aforementioned lease agreement. On expiry of the lease, and to date, the Company continues to occupy the space on a month to month basis at a rate of approximately $866 per month including operating costs.

(b)   On January 10, 2017, we entered into an Equity Purchase Agreement (the "Equity Purchase Agreement") with PHENIX VENTURES, LLC ("PVLLC"). Although we are not mandated to sell shares under the Equity Purchase Agreement, the Equity Purchase Agreement gives us the option to sell to PVLLC, up to 10,000,000 shares of our common stock over the period ending January 25, 2019 (or 24 months from the date this Registration Statement is effective). The purchase price of the common stock will be set at eighty-three percent (83%) of the volume weighted average price ("VWAP") of the common stock during the pricing period. The pricing period will be the ten consecutive trading days immediately after the Put Notice date. In addition, there is an ownership limit for PVLLC of 9.99%. PVLLC is not permitted to engage in short sales involving our common stock during the commitment period ending January 25, 2019. In accordance with Regulation SHO however, sales of our common stock by PVLLC after delivery of a Put Notice of such number of shares reasonably expected to be purchased by PVLLC under a Put will not be deemed a short sale.   A Complaint was filed against Gannon Giguiere, president of Phenix Ventures, in July 2018, by the SEC, which alleges Mr. Giguiere's involvement in certain activities, of which the Company, its' officers, board members, and others directly involved with the Company, have no knowledge of.  Until the Complaint is resolved, no funding will be provided by Phenix Ventures to the Company. To date, there have been no Put Notices and no funding available from Phenix Ventures under the Registration Statement; additionally, no shares have been issued pursuant to the registration statement.   In addition, we must deliver the other required documents, instruments and writings required. PVLLC is not required to purchase the Put Shares unless:  

- Our registration statement with respect to the resale of the shares of common stock delivered in connection with the applicable put shall have been declared effective.

- We shall have obtained all material permits and qualifications required by any applicable state for the offer and sale of the registrable securities.

- We shall have filed with the SEC in a timely manner all reports, notices and other documents required.

The Company filed an S-1 Registration Statement in respect of the foregoing on January 27, 2017 which received Effect by the Securities and Exchange Commission, on May 15, 2017. To date there has been no funding provided under the aforementioned agreement.

(c)   On June 21, 2017, Ga-Du entered into an employment agreement with Ms. Wendy Maguire, whereby Ms. Maguire accepted employment as Vice President, business development of Ga-Du for two years unless terminated earlier in accordance with the agreement. During her period of employment, Ms. Maguire had a base salary at an annual rate of $120,000.  Ms. Maguire resigned as Vice President, Business Development on December 12, 2018. Prior to her resignation Ms. Maguire filed a Complaint in the United States District Court from the Western District of Washington for payment of accrued and unpaid wages, legal fees and damages.  The Company ceased to accrue fees for Ms. Maguire following receipt of the complaint (ref: Note 12).

(d)   On June 21, 2017, Ga-Du entered into an employment agreement with Mr. Dante Jones, whereby Mr. Jones accepted employment as Special Advisor to Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Jones has a base salary at an annual rate of $120,000. The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time. The employment agreement was not renewed on expiry.

(e)   On July 21, 2017, we entered into a Sublease commencing August 1, 2017 and terminating the earlier of (a) March 31, 2020, or (b) the date this sublease is terminated by sub landlord upon the occurrence of an event of default, the sublease covers a total of 6,120 square feet of office space. Monthly base rent for the period September 1, 2017 to July 31, 2018 is $14,535, and the first month of rent is free of charge. In the second year the monthly base rent increases to $15,173.  In the third year the monthly base rent increases to $15,810.  The Company has remitted a security deposit in the amount of $15,810 in respect of this sublease.  The Company has passed on recording the deferred rent relative to the one free month of rent contained within the lease as it has been determined to be immaterial. During the period ended April 30, 2018 the Company accrued rent in respect to this sublease for the months of March and April 2018 including applicable operating costs.  Subsequent to October 31, 2018 the Company has abandoned the space without payment or further accruals, and the lease has been effectively terminated. A balance of $21,051 remains due and payable as at July 31, 2020 and January 31, 2020.

(f)   The Company has entered into verbal agreements with Take2L, an arms length third party, to develop and service our current technology platform in consideration for certain fees as invoiced monthly. On September 1, 2018, Take2L invoiced $350,000 to the Company in respect of the ongoing development of software to support our platform.   As at July 31, 2020 and January 31, 2020 an amount of $768,810 is due and payable to Take 2L in respect to invoices issued for services rendered.  The Company has been unable to settle these invoices as they have come due. Take 2L has had a long working relationship with our Chief Operating Officer, Mr. Rountree, and with regard to other business; Take 2L has no relationship with the Company other than as a provider of services to the Company and does not hold any shares in the Company. Take 2L has continued to provide the Company essential services during the shortfall in funds to meet operational overhead as it comes due and it is expected these accounts will be settled in full as soon as resources become available. 

(g)   During fiscal 2019 the Company entered into a Consulting Agreement with Standard Consulting LLC (the "Consultant") where under the Consultant provided business development and evaluation services relative to the strategic growth of the Company.  Under the terms of the contract the Consultant was compensated at a rate of $120,000 per year, payable quarterly on the first day of each quarter with a commencement date of May 1, 2018, for an initial term of six months, and renewable for a further six months on mutual agreement of the parties.  Further the Company may settle amounts payable to Consultant by way of issuance of shares on 15 days notice. Any shares issued under the contract for services rendered will be issued at a 15% discount to market based on the closing market price on the day before the first day of the quarter.  A further 1,000,000 restricted shares shall be issued upon commencement of the term and are subject to a six-month leak out restriction once available for resale under Rule 144. The shares were issued prior to January 31, 2019 and the contract was renewed for a further six-month term during November 2018. The contract terminated at the end of April 2019.

(h)   On February 1, 2019 the Company and a third party entered into a Consulting Services agreement whereunder the Consultant will provide development services relative to a suite of software for managing operations including accounting, inventory control and management, data management, reporting and compliance, lead generation and marketing, CRM sales management and certain other key functions. The term of the agreement is three (3) months shall be automatically renewed for successive three (3) month periods unless canceled in writing by either party thirty (30) days prior to the expiration of each term.  Compensation shall be $10,000 per month payable by way of six installments of $5,000, payable February 1, 2019, and each fifteen days thereafter.  On May 31, 2019, the Consultant terminated the contract, and each of the Consultant and the Company agreed the termination shall take immediately effect with no further compensation payable.

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Contingencies

6 Months Ended

Jul. 31, 2020

Commitments and Contingencies Disclosure [Abstract]

CONTINGENCIES

NOTE 12: CONTINGENCIES

(1)  On July 7, 2017, a purported shareholder of Eco Science Solutions, Inc. (the "Company"), Mr. Jimmie Glorioso, filed a verified shareholder derivative complaint against Jeffrey L. Taylor, Don L. Taylor (collectively, Jeffrey and Don Taylor are the "Taylors"), L. John Lewis and S. Randall Oveson, directors and officers in the Company, and Gannon Giguiere (collectively, the Taylors, Lewis, Oveson and Giguiere are the "Individual Defendants"), in the First Judicial District Court of the State of Nevada, Carson City County (the "Nevada Complaint"). Mr. Glorioso filed an amended complaint on or about January 11, 2019. The Company is identified as a nominal defendant, against which no claims are plead. The Nevada Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of Company. The Nevada Complaint asserts claims on behalf of the Company for breach of fiduciary duties against the Individual Defendants, aiding and abetting the breach of fiduciary duties against Lewis, Oveson and Giguiere, against the Individual Defendants for waste of corporate assets, and unjust enrichment against the Individual Defendants. The Nevada Complaint (1) seeks judicial declarations that (i) Mr. Glorioso may maintain this action on behalf of the Company and (ii) all individual defendants have breached and/or aided and abetted the breach of their fiduciary duties to the Company; (2) seeks damages to the Company allegedly sustained as a result of the acts/omissions of all individual defendants; (3) seeks an order directing the Company and all individual defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company.

(2)  On October 20, 2017, a purported shareholder of the Company, Mr. Ian Bell, filed a verified stockholder derivative complaint against the Individual Defendants in the United States District Court for the District of Hawaii (the "First Hawaii Complaint"). On January 11, 2018, a purported shareholder of the Company, Mr. Marc D' Annunzio, filed a verified stockholder derivative complaint against the Individual Defendants in the United States District Court for the District of Hawaii (the "Second Hawaii Complaint"). On February 9, 2018, the Hawaii federal court consolidated the First Hawaii Complaint and the Second Hawaii Complaint (the "Consolidated Hawaii Action"). On December 10, 2018, plaintiffs in the Consolidated Hawaii Action filed their amended complaint (the "Amended Hawaii Complaint"). The Company is identified as a nominal defendant, against which no claims are plead. The Amended Hawaii Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of the Company. The Amended Hawaii Complaint asserts claims on behalf of the Company for breach of fiduciary duty against the Taylors and Mr. Lewis and Mr. Oveson, for aiding and abetting breaches of fiduciary duties against Mr. Lewis and Mr. Oveson, for aiding and abetting breaches of fiduciary duties against Mr. Giguiere, for waste of corporate assets against the Individual Defendants, and for unjust enrichment against the Individual Defendants. The Amended Hawaii Complaint seeks damages for the alleged breaches of fiduciary duties, aiding and abetting, waste and unjust enrichment, demands restitution and disgorgement and requests an order directing the Company and all individual defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company. The Parties have agreed to mediate the potential resolution of all claims with U.S. Magistrate Judge Wes R. Porter on December 3, 2019 in Honolulu. The Parties have agreed to continue their settlement discussions, which are ongoing, in good faith.  There is no guarantee that the claims will be settled.

(3)   On November 3, 2017, a purported shareholder of the Company, Mr. Hans Menos, filed a verified shareholder derivative complaint against the Individual Defendants in the United States District Court for the District of Nevada (the "Nevada Federal Complaint"). Mr. Menos amended the Nevada Federal Complaint on December 21, 2018. The Company is identified as a nominal defendant, against which no claims are plead. The Nevada Federal Complaint arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or on behalf of Company. The Nevada Federal Complaint asserts claims on behalf of the Company for breach of fiduciary duties against the Individual Defendants, for aiding and abetting breaches of fiduciary duties against Mr. Giguiere, Mr. Lewis and Mr. Oveson, unjust enrichment against the Individual Defendants, waste of corporate assets against the Individual Defendants, abuse of control against the Individual Defendants, and gross mismanagement against the Individual Defendants. The Nevada Federal Complaint (I) seeks judicial declarations that (i) Mr. Menos may maintain this action on behalf of the Company and (ii) the Individual Defendants have breached and/or aided and abetted the breach of their fiduciary duties to the Company; (2) seeks damages to the Company allegedly sustained as a result of the acts/omissions of the Individual Defendants; (3) seeks an order directing the Company and the Individual Defendants to take all necessary actions to reform and improve the Company's corporate governance in order to avoid any alleged future harm to the Company. On March 2, 2020, the parties to the Nevada Federal Complaint stipulated to the dismissal thereof, which the Court approved on March 3, 2020.

(4)     On February 1, 2019, the lead plaintiff, Mr. Richard Raschke, a purported shareholder of the Company, filed an amended consolidated class action complaint against the Company, the Taylors, and Mr. Gannon Giguiere in the United States District Court for the District of New Jersey (the "Class Action"). The Class Action arises out of alleged materially false and misleading statements or omissions from SEC filings and/or public statements by or  on  behalf  of Company. The Class Action asserts claims against all defendants for violation of Section 10(b) of the Securities Exchange Act of 1934 (the "Act"), violation of Section 20(a) of the Act against the Taylors and Giguiere and Violation of Section 20(b) against Mr. Giguiere. The Class Action seeks (1) certification of the purported class of plaintiffs, (2) compensatory damages in favor of the class and (3) an award of reasonable costs and expenses. Defendants have moved to stay this action.  By consent of the parties, the Court has agreed to suspend this matter pending resolution of the consolidated derivative action in Hawaii.

(5)  Although the following lawsuit was not filed against the Company or any of its officers or directors, it nonetheless has a huge impact on the Company. On July 6, 2018, the Securities and Exchange Commission (the "SEC") filed a Complaint against Gannon Giguiere ("Giguiere"), president of Phenix Ventures, LLC and the Company's largest outside funder. The Complaint alleges Mr. Giguiere's involvement in certain activities, of which the Company, its' officers, board members, and others directly involved with the Company, have no knowledge of. The Complaint seeks monetary and injunctive relief. On October 24, 2018, the Court granted the U.S. Government's motion to intervene in the proceedings and stay the action pending resolution of parallel criminal proceedings (described below). Pursuant to the Complaint being filed, the Company continues to seek funding elsewhere as it requires outside funding until it generates more consistent revenue. The Company previously filed an S-1 Registration Statement whereby Phenix would fund the Company in exchange for shares of common stock, and upon Put Notices; to date, there have been no Put Notices and no funds from Phenix Ventures have been distributed to the Company under the registration statement - no shares have been issued pursuant to the Registration Statement.

(6)  On June 29, 2018, the United States Government filed an indictment as to Gannon Giguiere in the U.S. District Court for the Southern District of California. In a Superseding Indictment, filed on January 25, 2019, the United States alleges that the defendant engaged in a scheme to manipulate the market for the common stock of two penny stock issuers, including ESSI.  The United States claims that Mr. Giguiere is guilty of (1) conspiracy to commit securities fraud and manipulative trading and (2) securities fraud.  On April 22, 2019, Mr. Giguiere entered a plea of not guilty to each of the counts against him in the Superseding Indictment.   On July 23, 2019, defendant entered into a Plea Agreement (the “Plea”) with the Government wherein defendant plead guilty to one charge of conspiracy.  Under the Plea, the Government agreed to dismiss and to not prosecute in the future, the remaining charges including, but not limited to, all charges relating to ESSI when defendant is sentenced.  The sentencing hearing is currently set for September 21, 2020.

(7)  On September 10, 2018 the Company received a Letter of Summons and Notice of Complaint from Wendy Maguire, Vice President of Business Development for Ga Du Corporation, filed in the United States District Court from the Western District of Washington on September 4, 2018 and naming the Company, its subsidiary Ga Du Corporation and two of the Company's officers as Defendants. The Claims filed under the Complaint include payment of accrued and unpaid wages, legal fees and damages.  The Company has filed its Answer.  Plaintiff filed a Motion for Summary Judgment on March 14, 2019 on her statutory claim for unpaid wages and on her claim for breach of employment contract.  The motion has been fully briefed.  On May 13, 2020, plaintiff’s motion for summary judgment as to the personal liability of corporate officers of ESSI and Ga-Du under the Washington Wage Rebate Act was Granted. Corporate officers of ESSI and its subsidiary Ga-Du are jointly and severally liable (along with ESSI and its wholly-owned subsidiary Ga-Du) for $240,000 in unpaid wages, another $240,000 in exemplary damages, attorney’s fees, and prejudgment interest. Defendants’ cross-motions regarding personal liability was denied.

The Company is vigorously defending all of the aforementioned lawsuits where the action has yet to be adjudicated, dismissed or judgement entered. The successful defense of any of the outstanding lawsuits is undeterminable at this time, as are the extent of any possible damages.

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Subsequent Events

6 Months Ended

Jul. 31, 2020

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 13: SUBSEQUENT EVENTS

The Company has evaluated subsequent events from the balance sheet date through the date that the financial statements were issued and determined that there are no additional subsequent events to disclose.

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Document and Entity Information - shares	6 Months Ended
	Jul. 31, 2020	Sep. 18, 2020
Document and Entity Information [Abstract]
Entity Registrant Name	ECO SCIENCE SOLUTIONS, INC.
Entity Central Index Key	0001490873
Amendment Flag	false
Current Fiscal Year End Date	--01-31
Document Type	10-Q
Document Period End Date	Jul. 31, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Incorporation, State or Country Code	NV
Entity File Number	000-54803
Entity Shell Company	false
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding		47,557,572

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jul. 31, 2020

Accounting Policies [Abstract]

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Property and Equipment

Property and Equipment

Property and equipment are recorded at cost. Depreciation and amortization on property and equipment are determined using the straight-line method over the three to five year estimated useful lives of the assets.

Technology, licensing rights and software (Intangible assets)

Technology, licensing rights and software (Intangible assets)

Technology, licensing rights and software are recorded at cost and capitalized.  These costs are reviewed for impairment at a minimum of once per year or whenever events or changes in circumstances suggest a need for evaluation.  There is no impairment expense for the intangible assets in the three and six months ended July 31, 2020 or for the fiscal year ended January 31, 2020.

Advertising and Marketing Costs

Advertising and Marketing Costs

Advertising and marketing costs are expensed as incurred and were $1,650 during the three month period ended July 31, 2020 and $12,146 in the same period ended July 31, 2019. Advertising and marketing costs are expensed as incurred and were $3,240 during the six month period ended July 31, 2020 and $27,903 in the same period ended July 31, 2019. Advertising and marketing costs include ad placement and click through programs placed on a wide network of mediums acquired from advertising consolidators including Outbrain, MGID, Rev Content, Yahoo, MSN, AOL, Google and others for the full scope of the Company's brands including the Herbo app and enterprise software for all platforms, GooglePlay, iOS, Android, as well as the corporate e-commence site and all the other underlying supporting social media platforms such as YouTube, Twitter, Instagram, and Facebook. Further the Company incurs other advertising expense in respect to its attendance at various venues to promote our business objectives.

Revenue Recognition

Revenue Recognition

Effective January 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from licensing agreements and contracts by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured.

$14,730 and $32,259 has been recognized as revenue in the three and six months ended July 31, 2020, with $0 revenue in the same periods ended July 31, 2019. Revenue generated under enterprise software licenses will be recorded in accordance with the terms of the individual Customer contracts.  We expect license fees will be recorded on a monthly basis over the term of the contract, activation fees will be earned upon completion of set up and installation of the enterprise software, and customization and/or professional consulting services will be earned as rendered.

While the Company has entered into an LMMA (re: Note 4) under which we are entitled to fee-based revenue on a profit-sharing basis from a financial services platform known as eXPO^TM, the Company has determined that when recording its revenue, the monthly income is not clearly determinable until the fees are actually paid to the Company by AFN.  As at October 31, 2018 fees payable by AFN for the period May through October 2018 as reconciled in commission reports received from AFN have not been received by the Company. Subsequently the operations were suspended through August 2019, during which time AFN solidified its’ primary banking relationship and is now able to service and scale as needed with the client’s needs.

While AFN re-commenced operating the eXPO^TM platform during August 2019, Ga-Du does not yet have any additional revenue allocations.  Presently AFN is growing exclusively on a Member referral basis. We expect revenue from this agreement to resume during fiscal 2021.  The Company has determined to record its revenue in respect to the LMMA upon receipt until such time as the fee structure and reporting process become more easily determinable. Pursuant to AFN's revenue reports, the amount payable to Ga-Du Corporation is $28,431 (10% of net revenue generated by Colorado Business) at July 31, 2020 and January 31, 2020. The Company will record the revenue once we receive the proceeds.

Cost of Revenue

Cost of Revenue

Costs of revenue consist of the direct expenses incurred to generate revenue. Such costs are recorded as incurred. Our cost of revenue will consist consists primarily of fees associated with the operation of our social media venues and fulfillment of specific customer advertising campaigns related to our downloadable apps. In the case of revenue earned by our wholly owned subsidiary, proceeds allocated to our revenue interest are net of associated costs. Costs of revenue associated with the sale of our enterprise software will include commissions and direct selling costs.

Stock-Based Compensation

Stock-Based Compensation

The Company records stock-based compensation in accordance with ASC 718, Share-Based Payments, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.

Convertible Debt and Beneficial Conversion Features

Convertible Debt and Beneficial Conversion Features

The Company evaluates embedded conversion features within convertible debt under ASC 815 "Derivatives and Hedging" to determine whether the embedded conversion feature(s) should be bifurcated from the host instrument and accounted for as a derivative at fair value with changes in fair value recorded in earnings. If the conversion feature does not require derivative treatment under ASC 815, the instrument is evaluated under ASC 470-20 "Debt with Conversion and Other Options" for consideration of any beneficial conversion features.

Stock Settled Debt

Stock Settled Debt

In certain instances, the Company will issue convertible notes which contain a provision in which the price of the conversion feature is priced at a fixed discount to the trading price of the Company's common shares as traded in the over-the-counter market.  In these instances, the Company records a liability, in addition to the principal amount of the convertible note, as stock-settled debt for the fixed value transferred to the convertible note holder from the fixed discount conversion feature.  As of July 31, 2020, and January 31, 2020, $248,432 for the value of the stock settled debt for certain convertible notes is included in the Convertible note, net account under balance sheet. (see Note 10).

Basic and Diluted Net Income (Loss) Per Share

Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with ASC 260, Earning per Share.  ASC 260 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.

Recently issued accounting pronouncements

Recently issued accounting pronouncements

The Company has reviewed other recently issued accounting pronouncements and plans to adopt those that are applicable to it. The Company does not expect the adoption of any other pronouncements to have an impact on its results of operations or financial position. 

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Property and Equipment (Tables)

6 Months Ended

Jul. 31, 2020

Property, Plant and Equipment [Abstract]

Schedule of property and equipment, net

	July 31, 2020			January 31, 2020
Office equipment	$	15,528		$	15,528
Less: accumulated depreciation and amortization		(15,335	)		(13,787	)
Total property and equipment, net	$	193		$	1,741

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Prepaid Expenses (Tables)

6 Months Ended

Jul. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of prepaid expenses

	July 31, 2020		January 31, 2020
Office lease – Security deposits	$	13,127	$	13,127
Prepaid other expenses		19,865		19,865
Total prepaid expense	$	32,992	$	32,992

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Notes Payable (Tables)

6 Months Ended

Jul. 31, 2020

Debt Disclosure [Abstract]

Schedule of notes payable

	Total
Balance, January 31, 2019	$	4,122,618
Repayment to Note 3		(7,500	)
Balance, January 31, 2020		4,115,118
Repayment to Note 3		(5,000	)
Balance, July 31, 2020	$	4,110,118

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Convertible Note Payable (Tables)

6 Months Ended

Jul. 31, 2020

Convertible Note Payable [Abstract]

Schedule of convertible note payable

	July 31, 2020		January 31, 2020
Principal amount	$	1,407,781	$	1,407,781
Liability on stock settled debt		248,432		248,432
Convertible notes payable, net	$	1,656,213	$	1,656,213

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Related Party Transactions (Tables)

6 Months Ended

Jul. 31, 2020

Related Party Transactions [Abstract]

Schedule of related party transactions

	July 31, 2020		January 31, 2020
Related party payables (1)(2)(4)(5)(6)(7)	$	1,491,847	$	1,365,333
Notes payable (3)(4)		1,534,045		1,298,649
Total related party transactions	$	3,025,892	$	2,371,738

	Three Months Ended July 31,				Six Months Ended July 31,
	2020		2019		2020		2019
Mr. Jeffery Taylor (1)	$	28,750	$	28,750	$	57,500	$	57,500
Mr. Don Lee Taylor (1)		26,250		26,250		52,500		52,500
Ms. Jennifer Taylor (2)		9,000		9,000		18,000		18,000
Mr. Michael Rountree (4)		30,000		30,000		60,000		60,000
L. John Lewis (5)		-		30,000		-		60,000
S. Randall Oveson (6)		-		30,000		-		60,000
Mr. Andy Tucker (7)		-		30,000		-		60,000
	$	94,000	$	184,000	$	188,000	$	368,000

	Three Months Ended July 31,				Six Months Ended July 31,
	2020		2019		2020		2019
Mr. Jeffery Taylor (3)	$	-	$	-	$	-	$	21
Mr. Don Lee Taylor (3)		33		33		65		75
Mr. Michael Rountree (4)		3,085		1,311		5,866		2,066
Mr. Lewis (5)		429		428		848		843
	$	3,547	$	1,772	$	6,779	$	3,005

	Three Months Ended July 31,						Six Months Ended July 31,
	2020			2019			2020			2019
Greenfield Groves Inc. (5)		$	2,697		$	-		$	5,394		$	21

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Nature of Business and Continuance of Operations (Details) - USD ($)	Jul. 31, 2020	Jan. 31, 2020	Jan. 11, 2016
Preferred stock, shares authorized	50,000,000	50,000,000
Working capital deficit	$ 11,678,088
Accumulated deficit	$ (73,479,995)	$ (73,048,082)
Series A Preferred Stock [Member] | Board of Directors Chairman [Member]
Preferred stock, shares authorized			1,000
Separation Degrees One, Inc [Member] | Series A Preferred Stock [Member]
Preferred stock, shares authorized			1,000

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Summary of Significant Accounting Policies (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Apr. 30, 2018
Summary of Significant Accounting Policies (Textual)
Advertising and marketing costs	$ 1,650	$ 12,146	$ 3,240	$ 27,903
Revenues	17,427		37,653
Revenue recognition	14,730	$ 0	$ 32,259	$ 0
Revenue recognition, description			Pursuant to AFN's revenue reports, the amount payable to Ga-Du Corporation is $28,431 (10% of net revenue generated by Colorado Business) at July 31, 2020 and January 31, 2019.
Convertible notes, net of discount	$ 248,432		$ 248,432		$ 248,432
Minimum [Member]
Summary of Significant Accounting Policies (Textual)
Estimated useful lives of property and equipment			3 years
Maximum [Member]
Summary of Significant Accounting Policies (Textual)
Estimated useful lives of property and equipment			5 years

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Property and Equipment (Details) - USD ($)	Jul. 31, 2020	Jan. 31, 2020
Property, Plant and Equipment [Abstract]
Office equipment	$ 15,528	$ 15,528
Less: accumulated depreciation and amortization	(15,335)	(13,787)
Total property and equipment, net	$ 193	$ 1,741

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Property and Equipment (Details Textual) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Property and Equipment (Textual)
Depreciation expense	$ 443	$ 1,105	$ 1,548	$ 2,211

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Consolidated Balance Sheets - USD ($)	Jul. 31, 2020	Jan. 31, 2020
Current assets
Cash	$ 585	$ 2,877
Accounts receivable, related party	8,091	2,697
Accounts receivable	16,233	20,744
Prepaid expenses	32,992	32,992
Total current assets	57,901	59,310
Property and equipment, net	193	1,741
TOTAL ASSETS	58,094	61,051
Current liabilities
Accounts payable and accrued expenses	2,943,766	2,871,720
Related party payables	1,491,847	1,365,333
Notes payable, short-term, related party	1,534,045	1,298,649
Notes payable	4,110,118	4,115,118
Convertible note, net	1,656,213	1,656,213
Total current liabilities	11,735,989	11,307,033
Total liabilities	11,735,989	11,307,033
Stockholders' deficit
Preferred stock, $0.001 par, 50,000,000 shares authorized, none issued and outstanding at July 31, 2019 and January 31, 2019
Common stock, $0.0001 par, 650,000,000 shares authorized, 48,557,572 shares issued and 47,557,572 outstanding at July 31, 2020 and January 31, 2020	4,856	4,856
Treasury stock (1,000,000 shares issued at a cost of $0.0075 per share)	(7,500)	(7,500)
Additional paid in capital, common, and deferred compensation	61,804,744	61,804,744
Accumulated deficit	(73,479,995)	(73,048,082)
Total stockholders' deficit	(11,677,895)	(11,245,982)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 58,094	$ 61,051

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License and Master Marketing Agreement (Details) - USD ($)	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
License and Master Marketing Agreement (Textual)
Revenue recognition, description	Pursuant to AFN's revenue reports, the amount payable to Ga-Du Corporation is $28,431 (10% of net revenue generated by Colorado Business) at July 31, 2020 and January 31, 2019.
Alliance [Member] | Share-based Compensation Award, Tranche One [Member]
License and Master Marketing Agreement (Textual)
Operational expenses and business development		$ 405,000

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Prepaid Expenses (Details) - USD ($)	Jul. 31, 2020	Jan. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Office lease - Security deposits	$ 13,127	$ 13,127
Prepaid other expenses	19,865	19,865
Total prepaid expense	$ 32,992	$ 32,992

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Convertible Promisory Note Receivable (Details) - USD ($)	1 Months Ended		3 Months Ended		6 Months Ended
	Sep. 22, 2017	Feb. 17, 2016	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Convertible Promisory Note Receivable (Textual)
Principal amount	$ 100,000
Accrued interest receivable	$ 14,533
Interest income				$ 3,000		$ 6,000
Maturity date		Aug. 17, 2016
Ga Du Corporation [Member]
Convertible Promisory Note Receivable (Textual)
Maturity date					Jul. 06, 2018
Note bears interest rate			12.00%		12.00%
Maturity description					The Note can, at Ga-Du's option, be converted upon maturity into 1.12% of the equity of AFN.

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Notes Payable (Details) - USD ($)	6 Months Ended	12 Months Ended
	Jul. 31, 2020	Jan. 31, 2020
Debt Disclosure [Abstract]
Balance	$ 4,115,118	$ 4,122,618
Additions	(5,000)	(7,500)
Balance	$ 4,110,118	$ 4,115,118

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Notes Payable (Details Textual) - USD ($)		3 Months Ended		6 Months Ended		12 Months Ended
	Mar. 28, 2018	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Jan. 31, 2019	Jan. 31, 2017	Jan. 31, 2020	Sep. 12, 2018	Apr. 30, 2018	Jan. 31, 2018
Notes Payable and Convertible Note (Textual)
Accrued interest expense		$ 3,598	$ 3,598	$ 7,117	$ 7,078
Convertible Notes Payable Two [Member]
Notes Payable and Convertible Note (Textual)
Services provided from related parties							$ 225,000			$ 1,420,500	$ 1,842,500
Due date, description	The purchased notes bear interest at a rate of 1% per annum beginning on June 27, 2018 and are payable within thirty days notice of the Maturity Date.			The notes bear interest at a rate of 6% per annum and each is due one year from issue date.			The note bears interest at a rate of 6% per annum and is due one year from issue date.
Accrued interest payable		604,446		$ 604,446				$ 492,951
Additional purchase amount	$ 250,000
Accrued interest expense		56,342	56,531	$ 111,495	111,218
Convertible Notes Payable Four [Member]
Notes Payable and Convertible Note (Textual)
Services provided from related parties									$ 14,422
Due date, description				The notes bear interest at a rate of 1% per annum, and due nine months from issue date.
Accrued interest payable		255		$ 255				183
Accrued interest expense		36	36	72	72
Convertible Notes Payable Three [Member]
Notes Payable and Convertible Note (Textual)
Services provided from related parties		305,266		305,266
Accrued interest payable		5,723		5,723				4,306
Accrued interest expense		716	717	1,417	1,410
Convertible Notes Payable One [Member]
Notes Payable and Convertible Note (Textual)
Services provided from related parties							$ 50,000
Due date, description							The note bears interest at a rate of 1% per annum and is due three months from issue date.
Accrued interest expense				374	122
Accrued interest payable		1,875		1,875				1,626
Accrued interest expense		126	126	249	$ 248
Convertible Notes Payable [Member]
Notes Payable and Convertible Note (Textual)
Services provided from related parties							$ 14,930
Due date, description					The notes bear interest at a rate of 6% per annum and each is due one year from issue date.		The notes bear interest at a rate of 1% per annum, and each due three months from issue date.
Accrued interest expense				36	$ 74	$ 36
Accrued interest payable		628		628				$ 555
Accrued interest expense		$ 37	$ 37	$ 73	$ 74

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Convertible Note Payable (Details) - USD ($)	Jul. 31, 2020	Jan. 31, 2020
Convertible Note Payable [Abstract]
Principal amount	$ 1,407,781	$ 1,407,781
Liability on stock settled debt	248,432	248,432
Convertible notes payable, net	$ 1,656,213	$ 1,656,213

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Convertible Note Payable (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Oct. 31, 2017	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019	Jan. 31, 2020	Apr. 30, 2018
Convertible Note Payable (Textual)
Convertible note payable, description	Third party agreed to purchase debt owed to Mr. Rountree, our COO, in the amount of $1,407,781 with a maturity date on or before November 1, 2018. Interest shall be 1% per annum, beginning on November 1, 2017 on the total amount of the debt of $1,407,781, and paid every 120 days on any outstanding balance, and shall begin to accrue on the date of conveyance.
Full payment of unpaid balance				$ 1,407,781
Beneficial conversion feature discount				496,864
Amortization of the beneficial conversion feature discount				371,969
Unamortized balance of the beneficial conversion feature		$ 0		0			$ 371,969
Accrued interest expense		3,598	$ 3,598	7,117	$ 7,078
Accrued interest payable		$ 39,261		$ 39,261		$ 32,144
Lender [Member]
Convertible Note Payable (Textual)
Convertible debt accrued interest					$ 1,407,781
Common stock discount percentage					15.00%

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Related Party Transactions (Details) - Related Party [Member] - USD ($)	Jul. 31, 2020	Jan. 31, 2020
Related Party Transaction [Line Items]
Related party payable	$ 1,491,847	$ 1,365,333
Notes payable	1,534,045	1,298,649
Total related party transactions	$ 3,025,892	$ 2,371,738

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Related Party Transactions (Details 1) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Related Party Transaction [Line Items]
Services provided from related parties	$ 94,000	$ 184,000	$ 188,000	$ 368,000
Mr Andy Tucker [Member]
Related Party Transaction [Line Items]
Services provided from related parties		30,000		60,000
S Randall Oveson [Member]
Related Party Transaction [Line Items]
Services provided from related parties		30,000		60,000
L John Lewis [Member]
Related Party Transaction [Line Items]
Services provided from related parties		30,000		60,000
Mr Michael Rountree [Member]
Related Party Transaction [Line Items]
Services provided from related parties	30,000	30,000	60,000	60,000
Immediate Family Member of Management or Principal Owner [Member]
Related Party Transaction [Line Items]
Services provided from related parties	9,000	9,000	18,000	18,000
Chief Financial Officer [Member]
Related Party Transaction [Line Items]
Services provided from related parties	26,250	26,250	52,500	52,500
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Services provided from related parties	$ 28,750	$ 28,750	$ 57,500	$ 57,500

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Related Party Transactions (Details 2) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Related Party Transaction [Line Items]
Interest expenses from related parties	$ 3,547	$ 1,772	$ 6,779	$ 3,005
Mr. Lewis [Member]
Related Party Transaction [Line Items]
Interest expenses from related parties			848	843
Mr Michael Rountree [Member]
Related Party Transaction [Line Items]
Interest expenses from related parties	3,085	1,311	5,866	2,066
Chief Financial Officer [Member]
Related Party Transaction [Line Items]
Interest expenses from related parties	33	33	65	75
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Interest expenses from related parties				$ 21
Mr.Lewis [Member]
Related Party Transaction [Line Items]
Interest expenses from related parties	$ 429	$ 428

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Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 31, 2020	Jan. 31, 2020
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	650,000,000	650,000,000
Common stock, shares issued	48,557,572	47,557,572
Common stock, shares outstanding	48,557,572	47,557,572
Treasury stock, shares issued	1,000,000	1,000,000
Treasury stock, par value	$ 0.0075	$ 0.0075

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Related Party Transactions (Details 3) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Related Party Transactions [Abstract]
Greenfield Groves Inc. (5)	$ 2,697		$ 5,394

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Related Party Transactions (Details Textual) - USD ($)		1 Months Ended			3 Months Ended			6 Months Ended		9 Months Ended	12 Months Ended
	Dec. 21, 2015	Jun. 21, 2017	Feb. 17, 2016	Feb. 17, 2016	Jul. 31, 2020	Jul. 31, 2019	Oct. 31, 2018	Jul. 31, 2020	Jul. 31, 2019	Oct. 31, 2017	Jan. 31, 2017	Jan. 31, 2020	Jan. 31, 2019	Sep. 30, 2018	Apr. 30, 2018
Related Party Transactions (Textual)
Due to related parties					$ 1,543,088			$ 1,543,088					$ 537,325
Maturity date			Aug. 17, 2016
Interest with respect to notes					528			528
Chief Financial Officer [Member]
Related Party Transactions (Textual)
Annual gross salary	$ 105,000
Promissory notes issued			$ 17,500	$ 17,500
Repayments to related party debt											$ 2,500
Notes bear interest rate				1.00%
Salary expense								10,500
Accrued Salary					244,200			244,200				$ 191,700
Chief Executive Officer [Member]
Related Party Transactions (Textual)
Annual gross salary	$ 115,000
Promissory notes issued			$ 17,500	$ 17,500
Repayments to related party debt											$ 2,500
Total invoiced in consulting services					9,000	$ 9,000		18,000	$ 18,000
Salary expense									181,019
Accrued Salary					44,637			44,637				59,137
Mr.JefferyTaylor [Member]
Related Party Transactions (Textual)
Accrued interest								224		$ 224
Notes bear interest rate				1.00%
Mr Michael Rountree [Member]
Related Party Transactions (Textual)
Annual gross salary		$ 120,000
Promissory notes issued					805,901			805,901						$ 8,375	$ 170,000
Amount of related party under the terms of agreement								30,000	30,000
Total invoiced in consulting services									1,125,000
Accrued interest								473
Salary expense								120,000	120,000
Accrued Salary					320,000			320,000				380,000
Accumulated promissory notes								235,396	379,319
L John Lewis [Member]
Related Party Transactions (Textual)
Annual gross salary		120,000
Amount of related party under the terms of agreement								30,000	30,000
Accounts payable - related parties							$ 175,000
Accrued interest								428
Salary expense								0	60,000
S Randall Oveson [Member]
Related Party Transactions (Textual)
Annual gross salary		120,000
Amount of related party under the terms of agreement								30,000	30,000
Salary expense								0	60,000
Accrued Salary					240,000			240,000				240,000
Mr Andy Tucker [Member]
Related Party Transactions (Textual)
Annual gross salary		$ 120,000
Number of monthly payments		12
Amount of related party under the terms of agreement								90,000	30,000
Percentage of issued and outstanding shares		11.45%
Salary expense								0	60,000
Accrued Salary					240,000			$ 240,000				240,000
Rountree Consulting Inc [Member]
Related Party Transactions (Textual)
Total invoiced in consulting services
Notes bear interest rate								1.00%
Immediate Family Member of Management or Principal Owner [Member]
Related Party Transactions (Textual)
Salary expense								$ 0
Accrued Salary					76,000			76,000				58,000
Mr Don Lee Taylor [Member]
Related Party Transactions (Textual)
Accrued interest								224		$ 224
Mr.Lewis [Member]
Related Party Transactions (Textual)
Promissory notes issued					170,000			$ 170,000
Notes bear interest rate								1.00%
Accrued Salary					240,000			$ 240,000
Mr. Lewis [Member]
Related Party Transactions (Textual)
Accrued Salary												$ 240,000
Haiku Holdings LLC [Member]
Related Party Transactions (Textual)
Licence Fee					$ 1,743			$ 3,735

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Capital Stock (Details) - USD ($)		1 Months Ended	6 Months Ended	9 Months Ended
	Jan. 11, 2016	Jun. 21, 2017	Jul. 31, 2020	Oct. 31, 2017	Jan. 31, 2020
Capital Stock (Textual)
Common stock, shares issued			48,557,572		47,557,572
Common stock, shares outstanding			48,557,572		47,557,572
Common stock, shares authorized			650,000,000		650,000,000
Common stock, par value			$ 0.0001		$ 0.0001
Restricted shares issued		1,000,000
Preferred stock, shares authorized			50,000,000		50,000,000
Series A Preferred Stock [Member] | Board of Directors Chairman [Member]
Capital Stock (Textual)
Preferred stock, shares authorized	1,000
Series A voting preferred stock, description	The vote of each share of the Series A Voting Preferred Stock is equal to and counted as 10 times the votes of all of the shares of the Company's (i) common stock, and (ii) other voting preferred stock issued and outstanding on the date of each and every vote or consent of the shareholders of the Company regarding each and every matter submitted to the shareholders of the Company for approval. The Series A Voting Preferred Stock will not be convertible into Common Stock.
Mr.JefferyTaylor [Member]
Capital Stock (Textual)
Unpaid compensation totaling accrued interest			$ 224	$ 224
L John Lewis [Member]
Capital Stock (Textual)
Unpaid compensation totaling accrued interest			428
Mr Michael Rountree [Member]
Capital Stock (Textual)
Unpaid compensation totaling accrued interest			473
Mr Don Lee Taylor [Member]
Capital Stock (Textual)
Unpaid compensation totaling accrued interest			$ 224	$ 224

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Commitments (Details) - USD ($)						1 Months Ended
	Sep. 01, 2018	Apr. 15, 2018	Nov. 14, 2017	Aug. 31, 2017	Jan. 10, 2017	Jul. 21, 2017	Jun. 21, 2017	Mar. 22, 2016	Jul. 31, 2020	Jan. 31, 2020
Commitments (Textual)
Lease term								2 years
Monthly base rent								$ 52,650
Operating costs of lease								$ 25,806
Security deposit									$ 13,127	$ 13,127
Respect of sublease				$ 1,581,000
Purchase of common stock stock					10,000,000
Equity ownership percentage					83.00%
Addition equity method investment ownership addition percentage					9.99%
Commitments, description						On July 21, 2017, we entered into a Sublease commencing August 1, 2017 and terminating the earlier of (a) March 31, 2020, or (b) the date this sublease is terminated by sub landlord upon the occurrence of an event of default, the sublease covers a total of 6,120 square feet of office space. Monthly base rent for the period September 1, 2017 to July 31, 2018 is $14,535, and the first month of rent is free of charge. In the second year the monthly base rent increases to $15,173. In the third year the monthly base rent increases to $15,810. The Company has remitted a security deposit in the amount of $15,810 in respect of this sublease. The Company has passed on recording the deferred rent relative to the one free month of rent contained within the lease as it has been determined to be immaterial. During the period ended April 30, 2018 the Company accrued rent in respect to this sublease for the months of March and April 2018 including applicable operating costs. Subsequent to the quarter the Company has abandoned the space without payment or further accruals, and the lease has been effectively terminated. A balance of $21,051 remains due and payable as at October 31, 2018.		On March 22, 2016, we entered into a two-year lease commencing April 1, 2016 for a total of 253 square feet of office and 98 square feet of reception space. Monthly base rent for the period April 1, 2016 to March 31, 2017 is $526.50 per month and increases to $552.83 per month for the subsequent year ending March 31, 2018.
Due and payable									$ 768,810
Restricted shares issued							1,000,000
Mr Stephen Marley [Member]
Commitments (Textual)
Compensate amount			$ 10,000
Ms Maguire [Member]
Commitments (Textual)
Commitments, description						On June 21, 2017, Ga-Du entered into an employment agreement with Ms. Wendy Maguire, whereby Ms. Maguire accepted employment as Vice President, business development of Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Ms. Maguire has a base salary at an annual rate of $120,000. The Board shall review the Base Salary on an annual basis and may, but is not required to make upward adjustments from time to time. Ms. Maguire resigned as Vice President, Business Development on December 12, 2018.
Mr Jones [Member]
Commitments (Textual)
Commitments, description							On June 21, 2017, Ga-Du entered into an employment agreement with Mr. Dante Jones, whereby Mr. Jones accepted employment as Special Advisor to Ga-Du for two years unless terminated earlier in accordance with the agreement. During his period of employment, Mr. Jones has a base salary at an annual rate of $120,000. The Board shall review the Base Salary on an annual basis and may, but is not required to, make upward adjustments from time to time.
Take 2L [Member]
Commitments (Textual)
Invoiced for software development	$ 350,000
Consultant [Member]
Commitments (Textual)
Commitments, description		Under the terms of the contract the Consultant shall receive an annual fee of $120,000, payable quarterly on the first day of each quarter with a commencement date of May 1, 2018. Further the Company may settle amounts payable to Consultant by way of issuance of shares on 15 days notice. Any shares issued under the contract for services rendered will be issued at a 15% discount to market to the closing market price on the day before the first day of the quarter. A further 1,000,000 restricted shares shall be issued upon commencement of the term and are subject to a six- month leak out restriction once available for resale under Rule 144. The shares were issued subsequent to the date of this report. The contract term is six months and is renewable for additional six-month terms by mutual consent of the parties.

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Contingencies (Details)	1 Months Ended
	Aug. 22, 2019 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Compensatory amount	$ 240,000
Approximate litigation expense	$ 240,000

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Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019	Jul. 31, 2020	Jul. 31, 2019
Income Statement [Abstract]
Revenue	$ 14,730		$ 32,259
Revenue, related parties	2,697		5,394
Total revenue	17,427		37,653
Operating Expenses
Cost of revenue	13,122		26,644
Depreciation	443	1,105	1,548	2,211
Legal, accounting and audit fees	30,131	60,236	65,237	137,950
Management and consulting fees	85,000	277,000	80,000	568,000
Research, development, and promotion	36,469		71,521	19,764
Office supplies and other general expenses	45,177	13,130	94,173	61,956
Advertising and marketing	1,650	12,146	3,240	27,903
Total operating expenses	211,992	363,617	342,363	817,784
Net operating loss	(194,565)	(363,617)	(304,710)	(817,784)
Other income (expenses)
Interest income		3,000		6,000
Interest expense	(64,401)	(62,816)	(127,203)	(123,104)
Total other income (expenses)	(64,401)	(59,816)	(127,303)	(117,104)
Net loss	$ (258,966)	$ (423,433)	$ (431,913)	$ (934,888)
Net loss per common share - basic and diluted	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.02)
Weighted average common shares outstanding - basic and diluted	47,557,572	47,557,572	47,557,572	47,557,572

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Statements of Stockholders Equity Deficit (Unaudited) - USD ($)	Preferred Stock	Common Stock	Treasury Stock	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at Jan. 31, 2019		$ 4,856	$ (7,500)	$ 61,804,744	$ (71,181,452)	$ (9,379,352)
Balance, shares at Jan. 31, 2019		485,578,572	(1,000,000)
Net loss					(258,966)
Balance at Apr. 30, 2019		$ 4,856	$ (7,500)	61,804,744	(71,692,907)	(9,890,807)
Balance, shares at Apr. 30, 2019		485,578,572	(1,000,000)
Balance at Jan. 31, 2019		$ 4,856	$ (7,500)	61,804,744	(71,181,452)	(9,379,352)
Balance, shares at Jan. 31, 2019		485,578,572	(1,000,000)
Net loss						(934,888)
Balance at Jul. 31, 2019		$ 4,856	$ (7,500)	61,804,744	(72,116,340)	(10,314,240)
Balance, shares at Jul. 31, 2019		485,578,572	(1,000,000)
Balance at Apr. 30, 2019		$ 4,856	$ (7,500)	61,804,744	(71,692,907)	(9,890,807)
Balance, shares at Apr. 30, 2019		485,578,572	(1,000,000)
Net loss					(423,433)	(423,433)
Balance at Jul. 31, 2019		$ 4,856	$ (7,500)	61,804,744	(72,116,340)	(10,314,240)
Balance, shares at Jul. 31, 2019		485,578,572	(1,000,000)
Balance at Jan. 31, 2020		$ 4,756	$ (7,500)	61,714,844	(73,048,082)	(11,245,982)
Balance, shares at Jan. 31, 2020		475,578,572	(1,000,000)
Net loss					(172,947)	(172,947)
Balance at Apr. 30, 2020		$ 4,756	$ (7,500)	61,714,844	(73,221,029)	(11,418,929)
Balance, shares at Apr. 30, 2020		475,578,572	(1,000,000)
Balance at Jan. 31, 2020		$ 4,756	$ (7,500)	61,714,844	(73,048,082)	(11,245,982)
Balance, shares at Jan. 31, 2020		475,578,572	(1,000,000)
Net loss						(431,913)
Balance at Jul. 31, 2020		$ 4,756	$ (7,500)	61,714,844	(73,479,995)	(11,677,895)
Balance, shares at Jul. 31, 2020		475,578,572	(1,000,000)
Balance at Apr. 30, 2020		$ 4,756	$ (7,500)	61,714,844	(73,221,029)	(11,418,929)
Balance, shares at Apr. 30, 2020		475,578,572	(1,000,000)
Net loss					(258,966)	(258,966)
Balance at Jul. 31, 2020		$ 4,756	$ (7,500)	$ 61,714,844	$ (73,479,995)	$ (11,677,895)
Balance, shares at Jul. 31, 2020		475,578,572	(1,000,000)

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Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jul. 31, 2020	Jul. 31, 2019
Cash flows from operating activities:
Net loss	$ (431,913)	$ (934,888)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	1,548	2,211
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable, related party	(5,394)
Decrease (increase) in accounts receivable	4,511
Decrease (increase) in interest receivable
Decrease (increase) in prepaid expenses		(6,000)
Increase (decrease) in accounts payable and accrued expenses	72,046	319,835
Increase (decrease) in related party payables	126,514	265,986
Net cash used in operating activities	(232,688)	(352,856)
Cash Flows from Investing Activities:
Net cash used in investing activities
Cash flows from financing activities:
Note payable	(5,000)
Note payable, related party	235,396	353,618
Net cash provided by financing activities	230,396	353,618
Net decrease in cash	(2,292)	762
Cash-beginning of period	2,877	1,609
Cash-end of period	585	2,371
SUPPLEMENTAL DISCLOSURES
Interest paid
Income taxes paid

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Nature of Business and Continuance of Operations

6 Months Ended

Jul. 31, 2020

Description of Business and Basis of Presentation [Abstract]

NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS

NOTE 1: NATURE OF BUSINESS AND CONTINUANCE OF OPERATIONS

Organization and nature of business

The Company was incorporated in the state of Nevada on December 8, 2009 under the name Pristine Solutions, Inc. On January 8, 2014, the Company changed its name from Pristine Solutions, Inc. to Eco Science Solutions, Inc.  

During fiscal 2016 the Company changed its business focus to pursue eco-friendly consumer related technologies, software and applications.

On January 11, 2016, the Company's Board of Directors (the "Board") authorized the creation of 1,000 shares of Series A Voting Preferred Stock. The holder of the shares of the Series A Voting Preferred Stock has the right to vote those shares of the Series A Voting Preferred Stock regarding any matter or action that is required to be submitted to the shareholders of the Company for approval. The vote of each share of the Series A Voting Preferred Stock is equal to and counted as 10 times the votes of all of the shares of the Company's (i) common stock, and (ii) other voting preferred stock issued and outstanding on the date of each and every vote or consent of the shareholders of the Company regarding each and every matter submitted to the shareholders of the Company for approval.

On June 21, 2017, the Company acquired 100% of the shares of capital stock of Ga-Du Corporation (“Ga-Du”), at which time Ga-Du became a wholly owned subsidiary of the Company. Concurrent with the transaction, Mr. John Lewis and Mr. Randall Overton joined the Board of directors of ESSI. Ga-Du offers a Financial Services Platform, as well as Inventory Control and Advisory Software Platforms, and Retail Inventory Control, bringing important enterprise technologies in-house and bringing ESSI an opportunity to expand the reach of its Herbo branding. Subsequently Ga-Du Corporation entered into an Assignment Agreement with G&L Enterprises, wherein G&L Enterprises assigned to Ga-Du Corporation, all of its rights, interest in, and obligations under a License and Master Marketing Agreement (LMMA) it entered into with Alliance Financial Network, Inc. ("AFN").

AFN provides financial and enterprise services to businesses and individuals, including the cannabis industry, on a programmatic or membership basis from which AFN derives fees and income from enrolling companies in their financial program and providing a range of services, with respect to which AFN and Ga-Du derive fees and income on a fee based schedule.

The primary focus of AFN is a mobile application known as eXPO™ electronic eXchange Portal which provides virtual financial and enterprise services to businesses and individuals that are challenged in the traditional banking systems, and/or require more intensive compliance than banks are willing, or able to perform and/or do not have the technical expertise or financial wherewithal in house to develop their own FinTech solutions, including accounting and enterprise management software. 

Following the closing of the SPA, Ga-Du is a wholly owned subsidiary of ESSI, bringing to ESSI a Financial Services Platform, and Inventory Control and Advisory Software Platforms, thus completing the ESSI product suite to benefit both consumer and professional customers of the Company.

With the acquisition of Ga-Du, ESSI's product suite expanded to include an enclosed ecosystem for business location, localized communications between consumers and business operators, on-topic social networking, inventory management / selection, payment facilitation and delivery arrangement. The Company's holistic commerce and content platform enables health, wellness and alternative medicine enthusiasts to easily locate, access, and connect with others to facilitate the research of and purchasing of eco-science friendly products.

During fiscal 2018 and 2019, as AFN focussed its efforts to expand its eXPO^TM banking relationships to support next phase operations, the Company focussed on rolling out the Herbo Enterprise Software and building that user base.  The Herbo software provides a point of sale, bookkeeping and banking functions, inventory management and tracking, compliance and reporting, tax and accounting, payroll and HR, ecommerce and payment gateway services and CRM and customer loyalty functions all under one software suite. During fiscal 2020, the Company entered into various licensing contracts for the Herbo Enterprise Software and has commenced generating revenue from this segment of its operations. We expect revenues from our agreements with AFN to return during fiscal 2021.

Eco Science Solutions, Inc. is committed to becoming a vertically integrated provider of consumer and enterprise technology products and services, which assist consumers, companies, brands and entrepreneurs to effectively transact business, with compliance, in the combined multi-billion-dollar cannabis and CBD hemp industries. 

The Company's consumer initiatives are centered on education and connecting consumers with various cannabis and CBD hemp businesses.  Its enterprise initiatives are focused on developing technology and accounting solutions, coupled with data analytics to help businesses to be more effective in their abilities to connect, market, and sell to consumers.

Eco Science Solutions, Inc has technology and service relationships with those in farming, extraction, manufacturing and distribution in both the cannabis and CBD hemp industries.  Along with its subsidiary Ga-Du, ESSI is able to provide a 360-degree ecosystem for business location, localized communications between consumers and business operators, on-topic social networking, inventory management / selection, payment facilitation and cash management.

* Eco Science Solutions, Inc. is not in the business of growing, manufacturing, or distributing cannabis.

Financial Statements Presented

The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions for Form 10-Q and Article 210 8-03 of Regulation S-X.  Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.  In the opinion of management, all adjustments considered necessary for a fair presentation have been included.  All such adjustments are of a normal recurring nature.  Operating results for the three and six months ended July 31, 2020, are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2021.  For further information, refer to the financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2019 as filed with the Securities and Exchange Commission on July 7, 2020.

Principals of Consolidation

The consolidated financial statements include the accounts of Eco Science Solutions, Inc. and its wholly-owned subsidiary, Ga-Du Corporation. All significant intercompany balances and transactions have been eliminated.

 Going Concern

These unaudited condensed consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. The Company has not generated significant revenues to date and has never paid any dividends and is unlikely to pay dividends or generate significant earnings in the immediate or foreseeable future.  As at July 31, 2020, the Company had a working capital deficit of $11,678,088 and an accumulated deficit of $73,479,995. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company's future business. These factors raise substantial doubt regarding the Company's ability to continue as a going concern.

The recent COVID-19 pandemic could have an adverse impact on the Company going forward.  COVID-19 has caused significant disruptions to the global financial markets, which may severely impact the Company’s ability to raise additional capital and to pursue certain planned business activities. The Company may be required to cease operations if it is unable to finance its’ operations. The full impact of the COVID-19 outbreak continues to evolve as of the date of this report and is highly uncertain and subject to change. Management is actively monitoring the situation but given the daily evolution of the COVID-19 outbreak, the Company is not able to estimate the effects of the COVID-19 outbreak on its operations or financial condition in the next 12 months. There are no assurances that the Company will be able to meet its obligations, raise funds or continue to implement its planned business objectives to obtain profitable operations.

The unaudited consolidated financial statements reflect all adjustments consisting of normal recurring adjustments, which, in the opinion of management, are necessary for a fair presentation of the results for the periods shown. The financial statements do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts of and classification of liabilities that might be necessary in the event the Company cannot continue in existence.

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Summary of Significant Accounting Policies

6 Months Ended

Jul. 31, 2020

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

This summary of significant accounting policies is presented to assist in understanding the Company's consolidated financial statements.  These accounting policies conform to accounting principles, generally accepted in the United States of America, and have been consistently applied in the preparation of the consolidated financial statements. Certain reclassifications have been made to the prior period's consolidated financial statements to conform to the current period's presentation.

Use of Estimates

The preparation of financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.

Property and Equipment

Property and equipment are recorded at cost. Depreciation and amortization on property and equipment are determined using the straight-line method over the three to five year estimated useful lives of the assets.

Technology, licensing rights and software (Intangible assets)

Technology, licensing rights and software are recorded at cost and capitalized.  These costs are reviewed for impairment at a minimum of once per year or whenever events or changes in circumstances suggest a need for evaluation.  There is no impairment expense for the intangible assets in the three and six months ended July 31, 2020 or for the fiscal year ended January 31, 2020.

Advertising and Marketing Costs

Advertising and marketing costs are expensed as incurred and were $1,650 during the three month period ended July 31, 2020 and $12,146 in the same period ended July 31, 2019. Advertising and marketing costs are expensed as incurred and were $3,240 during the six month period ended July 31, 2020 and $27,903 in the same period ended July 31, 2019. Advertising and marketing costs include ad placement and click through programs placed on a wide network of mediums acquired from advertising consolidators including Outbrain, MGID, Rev Content, Yahoo, MSN, AOL, Google and others for the full scope of the Company's brands including the Herbo app and enterprise software for all platforms, GooglePlay, iOS, Android, as well as the corporate e-commence site and all the other underlying supporting social media platforms such as YouTube, Twitter, Instagram, and Facebook. Further the Company incurs other advertising expense in respect to its attendance at various venues to promote our business objectives.

Revenue Recognition

Effective January 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from licensing agreements and contracts by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. For the comparative periods, revenue has not been adjusted and continues to be reported under ASC 605 — Revenue Recognition. Under ASC 605, revenue is recognized when the following criteria are met: (1) persuasive evidence of an arrangement exists; (2) the performance of service has been rendered to a customer or delivery has occurred; (3) the amount of fee to be paid by a customer is fixed and determinable; and (4) the collectability of the fee is reasonably assured.

$14,730 and $32,259 has been recognized as revenue in the three and six months ended July 31, 2020, with $0 revenue in the same periods ended July 31, 2019. Revenue generated under enterprise software licenses will be recorded in accordance with the terms of the individual Customer contracts.  We expect license fees will be recorded on a monthly basis over the term of the contract, activation fees will be earned upon completion of set up and installation of the enterprise software, and customization and/or professional consulting services will be earned as rendered.

While the Company has entered into an LMMA (re: Note 4) under which we are entitled to fee-based revenue on a profit-sharing basis from a financial services platform known as eXPO^TM, the Company has determined that when recording its revenue, the monthly income is not clearly determinable until the fees are actually paid to the Company by AFN.  As at October 31, 2018 fees payable by AFN for the period May through October 2018 as reconciled in commission reports received from AFN have not been received by the Company. Subsequently the operations were suspended through August 2019, during which time AFN solidified its’ primary banking relationship and is now able to service and scale as needed with the client’s needs.

While AFN re-commenced operating the eXPO^TM platform during August 2019, Ga-Du does not yet have any additional revenue allocations.  Presently AFN is growing exclusively on a Member referral basis. We expect revenue from this agreement to resume during fiscal 2021.  The Company has determined to record its revenue in respect to the LMMA upon receipt until such time as the fee structure and reporting process become more easily determinable. Pursuant to AFN's revenue reports, the amount payable to Ga-Du Corporation is $28,431 (10% of net revenue generated by Colorado Business) at July 31, 2020 and January 31, 2020. The Company will record the revenue once we receive the proceeds.

Cost of Revenue

Costs of revenue consist of the direct expenses incurred to generate revenue. Such costs are recorded as incurred. Our cost of revenue will consist consists primarily of fees associated with the operation of our social media venues and fulfillment of specific customer advertising campaigns related to our downloadable apps. In the case of revenue earned by our wholly owned subsidiary, proceeds allocated to our revenue interest are net of associated costs. Costs of revenue associated with the sale of our enterprise software will include commissions and direct selling costs.

Stock-Based Compensation

The Company records stock-based compensation in accordance with ASC 718, Share-Based Payments, using the fair value method. All transactions in which goods or services are the consideration received for the issuance of equity instruments are accounted for based on the fair value of the consideration received or the fair value of the equity instrument issued, whichever is more reliably measurable. Equity instruments issued to employees and the cost of the services received as consideration are measured and recognized based on the fair value of the equity instruments issued.

Convertible Debt and Beneficial Conversion Features

The Company evaluates embedded conversion features within convertible debt under ASC 815 "Derivatives and Hedging" to determine whether the embedded conversion feature(s) should be bifurcated from the host instrument and accounted for as a derivative at fair value with changes in fair value recorded in earnings. If the conversion feature does not require derivative treatment under ASC 815, the instrument is evaluated under ASC 470-20 "Debt with Conversion and Other Options" for consideration of any beneficial conversion features.

Stock Settled Debt

In certain instances, the Company will issue convertible notes which contain a provision in which the price of the conversion feature is priced at a fixed discount to the trading price of the Company's common shares as traded in the over-the-counter market.  In these instances, the Company records a liability, in addition to the principal amount of the convertible note, as stock-settled debt for the fixed value transferred to the convertible note holder from the fixed discount conversion feature.  As of July 31, 2020, and January 31, 2020, $248,432 for the value of the stock settled debt for certain convertible notes is included in the Convertible note, net account under balance sheet. (see Note 10).

Basic and Diluted Net Income (Loss) Per Share

The Company computes net income (loss) per share in accordance with ASC 260, Earning per Share.  ASC 260 requires presentation of both basic and diluted earnings per share (EPS) on the face of the income statement. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing Diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.

Recently issued accounting pronouncements

The Company has reviewed other recently issued accounting pronouncements and plans to adopt those that are applicable to it. The Company does not expect the adoption of any other pronouncements to have an impact on its results of operations or financial position. 

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Property and Equipment

6 Months Ended

Jul. 31, 2020

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 3: PROPERTY AND EQUIPMENT

Property and equipment, net consists of the following:

	July 31, 2020			January 31, 2020
Office equipment	$	15,528		$	15,528
Less: accumulated depreciation and amortization		(15,335	)		(13,787	)
Total property and equipment, net	$	193		$	1,741

Depreciation expense (excluding impairment) amounted to $443 and $1,105 for the three months ended July 31, 2020 and 2019, respectively.

Depreciation expense (excluding impairment) amounted to $1,548 and $2,211 for the six months ended July 31, 2020 and 2019, respectively.