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NOTE 25: COMMITMENTS AND CONTINGENCIES
12 Months Ended
Dec. 31, 2019
Note 22 Commitments And Contingencies  
COMMITMENTS AND CONTINGENCIES

Commitments

 

A summary of undiscounted liabilities and future operating commitments at December 31, 2019, are as follows:

 

   Total  Within 1 year  2 - 5 years  Greater than 5 years
Maturity analysis of financial liabilities                    
Accounts payables and accrued liabilities  $1,874,990   $1,874,990   $—     $—   
Notes payable   969,891    969,891    —      —   
Convertible debentures payable   427,320    427,320    —      —   
Lease liability   734,896    219,800    515,096    —   
Secured loan payable   761,711    761,711    —      —   
Total financial liabilities  $4,768,808   $4,253,712   $515,096   $—   

 

Contingencies

 

Various tax and legal matters are outstanding from time to time. In the event that management’s estimate of the future resolution of these matters changes, the Company will recognize the effects of these changes in the consolidated financial statements in the period such changes occur.