6. RELATED PARTY TRANSACTIONS AND AMOUNTS DUE

6 Months Ended

Jun. 30, 2015

Notes to Financial Statements

NOTE 6 - RELATED PARTY TRANSACTIONS AND AMOUNTS DUE

Transactions with related parties were in the normal course of operations and have been valued in these financial statements at the exchange amount, which is the amount of consideration agreed to and established by the related parties.

a) Related Party Amounts Due

At June 30, 2015, $Nil (December 31, 2014 - $15,300) included in accounts payable was due to a company controlled by a former director and president of the Company.

At June 30, 2015, the following loan amounts and accrued interest were due to related parties:

i)	$43,349 (December 31, 2014 - $35,043) including $1,739 (December 31, 2014 - $883) in accrued interest, to the current president of the Company.
ii)	$213,854 (December 31, 2014 - $100,000) including $3,977 (December 31, 2014 - $Nil) in accrued interest, to the majority shareholder of the Company.

iii) $4,009 (December 31, 2014 - $4,310) to the controlling shareholder of the majority shareholder of the Company.

b)  Consulting Services

During the six months ended June 30, 2015, the Company incurred $Nil (2014 - $51,801) in consulting fees to a former Director and President of the Company. See Note 7.