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Convertible Debentures (Tables)
9 Months Ended
Sep. 30, 2019
Convertible Debentures Abstract  
Schedule of Fair Value of Conversion Features Assumptions Used

The fair value of the conversion features was determined based on the Black-Scholes Option Pricing Model using the assumptions set out as follows:

 

Assumptions      
Risk-free interest rate     1.63 %
Expected volatility     278 %
Dividend yield     0 %
Expected life     2 years  

Schedule of Convertible Debt and Embedded Derivative Conversion

A breakdown of convertible debt and embedded derivative conversion feature as at September 30, 2019 is as follows:

 

   

Host debt

component

    Conversion feature     Total  
Balance, January 1, 2019   $ -     $ -     $ -  
Issued during the period     41,139       81,956       123,095  
Balance, September 30, 2019   $ 41,139     $ 81,956     $ 123,095