Advances From Stockholders

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Advances From Stockholders

4.

Advances From Stockholders

The Company has advances from related stockholders and various individuals and corporations who are not related parties.  

	March 31, 2022	December 31 , 2021
Due to Alan Ward – former CEO	$74,861	$74,861
During the year ended December 31, 2016, Alan Ward, the former CEO of the Company transferred personal shareholdings to a vendor of the Company and assumed the debt previously owed to the vendor. The amount is non-interest bearing, unsecured and has no specified terms of repayment.
Due to Penny Currah, stockholder and consultant to the Company.  The amount is non-interest bearing, unsecured and has no specified terms of repayment.	1,185	1,172
Due to David Mason – former Director and Consultant	130,845	122,587
On February 18, 2013, the Company entered into a short term loan agreement with David Mason, at the time a director of the Company, in the amount of CDN$25,000, with 7,500 common stock. The loan was formerly interest bearing at 1% compounded monthly, with an original maturity of April 18, 2013 and if unpaid thereafter bearing interest at 22.5%. The loan is secured by a 10% interest in the Mortimer property, which the Company no longer owns, or 150,000 common stock. As the maturity has passed, the amount plus accrued interest is now due on demand. Interest expense on the loan was CDN$8,784 ($6,940) in 2022 andCDN$7,065 ($5,618) in 2022 which is included in the amount of the loan.
Due to 1815681 Ontario Inc.,  a company under the control of Benedetto Fuschino, President and CEO of the Company. During 2022 the amount of the advances totalled US $16,500, these amounts are non-interest bearing, unsecured and have no terms of repayment.	16,500	-
Due to Friggi N. A. Inc.,  a company under the control of Benedetto Fuschino, President and CEO of the Company. During 2022 the amount of the advances totalled US $25,000, these amounts are non-interest bearing, unsecured and have no terms of repayment.	456,948	431,660
Due to 1873942 Ontario Inc.,  a company under the control of Dino Micacchi Secretary-Treasurer and CFO of the Company. These amounts were non-interest bearing, unsecured and had no terms of repayment.	4,850	4,850
Advances from Shareholders	$685,189	$635,131