XML 25 R13.htm IDEA: XBRL DOCUMENT v3.10.0.1
Related Party Transactions
9 Months Ended
Sep. 30, 2018
Related Party Transactions [Abstract]  
Related Party Transactions

7.  Related Party Transactions

 

The following transactions with related parties were in the normal course of operations and were measured at the exchange value which represented the amount of consideration established and agreed to by the parties.


Refer to Note 6(a) for the disclosure of stock-based compensation to the CEO and CFO of the Company.


Refer to Note 4 related to advances from stockholders and debt settlements with related parties.


Refer to Note 6(a) related to the shares to be returned for cancellation by Penny Currah and Dino Fuschino, both existing stockholders of the Company with familiar relationships to management and consultants of the Company.


Receivable from Related Parties as at September 30, 2018 and December 31, 2017:

 

September 30, 2018

December 31, 2017

Receivable from Benedetto Fuschino (i)

$     10,698

$   10,698

Receivable from Sabine Frisch for stock to be issued, Sabine Frisch is the wife of Scott Keevil a stockholder and consultant to the Company.

19,000

19,000

Receivable from related parties

$     29,698

$   29,698

(i)

Refer to Note 4 which shows $113,660 owed to Benedetto Fuschino and a company controlled by him, although there is no intention to net settle, overall his position is a net payable.