Note 3: Amounts Due To Related Parties and Loans Payable To Stockholders	12 Months Ended
Dec. 31, 2016
Notes
Note 3: Amounts Due To Related Parties and Loans Payable To Stockholders	NOTE: 3. Amounts Due to Related Parties and Loans Payable to Stockholders From February, 2007, until December 31, 2016, the Company received a number of loans from stockholders, related parties and unrelated third parties. As of December 31, 2016, the Company had received loans of $564,399 (Euro 225,000; CAD$ 72,300; $273,107) (December 31, 2015 - $619,671: Euro 225,000; CAD$ 72,300; $323,107) from stockholders, loans of $129,556 (CAD$ 27,600; $109,000) (December 31, 2015 – $28,941: CAD$ 27,600; $9,000) from a related party and loans of $47,742 (CAD$ 10,000; $40,000) (December 31, 2015 – $147,225: CAD$10,000; $140,000) from unrelated third parties. All of the loans bear interest at 6% per annum. The loans were made in 3 different currencies, Euros, Canadian Dollars and US Dollars. All amounts reflected on these consolidated financial statements are expressed in US Dollars. Repayment of the loans is due on closing of any future financing arrangement by the Company. The balance of accrued interest of $349,186 and $330,536 is included in accounts payable and accrued expenses at December 31, 2016, and December 31, 2015, respectively. Interest expense recognized on these loans was $46,530 for the year ended December 31, 2016, compared to $48,089 for the year ended December 31, 2015, respectively. The Company also received a convertible loan of $50,000 from CaiE Food Partnership Ltd. as per Note 8. This loan bears interest of 10% and is convertible into common shares of the Company at a price of $0.20 per share. This loan matures on November 17, 2017. At December 31, 2016, and December 31, 2015, the Company had amounts due to related parties of $525,954 and $434,330, respectively. This amount includes $136,100 at December 31, 2016, and December 31, 2015, payable to two former directors and a current director for services rendered during 2007. This amount is to be paid part in cash and part in stock at a future date with the number of common shares determined by the fair value of the shares on the settlement date. The amounts owing bear no interest, are unsecured, and have no fixed terms of repayment. .

Note 3: Amounts Due To Related Parties and Loans Payable To Stockholders

12 Months Ended

Dec. 31, 2016

Note 3: Amounts Due To Related Parties and Loans Payable To Stockholders

NOTE: 3. Amounts Due to Related Parties and Loans Payable to Stockholders

From February, 2007, until December 31, 2016, the Company received a number of loans from stockholders, related parties and unrelated third parties. As of December 31, 2016, the Company had received loans of $564,399 (Euro 225,000; CAD$ 72,300; $273,107) (December 31, 2015 - $619,671: Euro 225,000; CAD$ 72,300; $323,107) from stockholders, loans of $129,556 (CAD$ 27,600; $109,000) (December 31, 2015 – $28,941: CAD$ 27,600; $9,000) from a related party and loans of $47,742 (CAD$ 10,000; $40,000) (December 31, 2015 – $147,225: CAD$10,000; $140,000) from unrelated third parties. All of the loans bear interest at 6% per annum. The loans were made in 3 different currencies, Euros, Canadian Dollars and US Dollars. All amounts reflected on these consolidated financial statements are expressed in US Dollars. Repayment of the loans is due on closing of any future financing arrangement by the Company. The balance of accrued interest of $349,186 and $330,536 is included in accounts payable and accrued expenses at December 31, 2016, and December 31, 2015, respectively. Interest expense recognized on these loans was $46,530 for the year ended December 31, 2016, compared to $48,089 for the year ended December 31, 2015, respectively. The Company also received a convertible loan of $50,000 from CaiE Food Partnership Ltd. as per Note 8. This loan bears interest of 10% and is convertible into common shares of the Company at a price of $0.20 per share. This loan matures on November 17, 2017.

At December 31, 2016, and December 31, 2015, the Company had amounts due to related parties of $525,954 and $434,330, respectively. This amount includes $136,100 at December 31, 2016, and December 31, 2015, payable to two former directors and a current director for services rendered during 2007. This amount is to be paid part in cash and part in stock at a future date with the number of common shares determined by the fair value of the shares on the settlement date. The amounts owing bear no interest, are unsecured, and have no fixed terms of repayment. .