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Marketable Equity Securities
12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
MARKETABLE EQUITY SECURITIES
NOTE 3:- MARKETABLE EQUITY SECURITIES

 

a.The Company owns 52,249 ordinary shares of Can-Fite representing approximately 0.04% and 0.12% of Can-Fite's issued and outstanding share capital as of December 31, 2019 and 2018, respectively. As of December 31, 2019, the investment amounts to $6. During the year ended December 31, 2019 the Company recorded a loss of $26.

 

b.As of December 31, 2019 the Company owns 25,000 ordinary shares of Cannabics Pharmaceuticals, Inc. ("Cannabics") representing less than 1% of its issued and outstanding share capital as of that day, see Note 11k. As of December 31, 2019, the investment amounts to $3.

 

c.In respect with Note b above, during the fourth quarter of 2019, the Company sold 2,238,944 shares through a broker at the amount of $260 (see also Note 4) which were received as of the date of Financial Statements. The Company made a payment of $1 to the broker as a deposit for the Broker's activity. During the year ended December 31, 2019 the Company recorded a loss of $501.