Note 5: Convertible Advances from Shareholder and other Related Party Transactions	12 Months Ended
Dec. 31, 2019
Notes
Note 5: Convertible Advances from Shareholder and other Related Party Transactions	Note 5: Convertible Advances from Shareholder and other Related Party Transactions There were advances of $124,913 and $78,989 from NAHL, the Company’s principal shareholder, during the twelve-month period ended December 31, 2019 and 2018, respectively. The total advances due are $836,452 and $711,539 from our principal shareholder as of December 31, 2019 and December 31, 2018, respectively. As of December 31, 2019, and 2018, the advances constitute unsecured interest-free loans to the Company. The advances were supposed to have been repaid by the close of business on October 31, 2016. In 2016, however, the Company and NAHL agreed that if the Company was unable to repay these advances by such date, NAHL, at its sole discretion, would have the option to extend the repayment deadline or convert all or a portion of the above advances into common stock of the Company at a conversion price of $0.02 per share. As of December 31, 2019, NAHL, the Company’s principal shareholder, had not yet acted to exercise its option to convert the advances to shares of common stock, the total advances presently remain as an unsecured interest-free, and due on demand loan to the Company. On September 7, 2015, Mr. Jose A. Capote ("Mr. Capote") was appointed to serve as the Company's Secretary and Vice President. There is no family relationship between Mr. Capote and any of the Company's directors or officers. Mr. Capote is currently a shareholder of the Company through his 50% ownership of Earth Heat Ltd. The Company has agreed to pay Jose Capote consulting fees for acting as the Company’s Secretary and Vice President in the amount of $18,000 and $18,000 for the twelve months ended December 31, 2019 and December 31, 2018, respectively. $18,000 and $13,500 is due to Jose Capote, as of December 31, 2019 and 2018, respectively. The Company pays New Asia Momentum Pte Ltd (“NAMPL”), a Singapore private company owned and controlled by Dr. Lin Kok Peng, Chairman and CEO of the Company, fees for the rental of office space and for administrative services in its Singapore Headquarters. Dr. Lin Kok Peng also has voting and dispositive control over the shares of Company’s common stock held by NAHL, the Company’s principal stockholder. The Company has incurred fees of $58,271 and $35,513 due to NAMPL during the years ended December 31, 2019 and 2018, respectively. As of December 31, 2019 and 2018, the Company had $57,102 and $22,393 due to NAMPL recorded in accounts payable and accrued liabilities, respectively. NAML paid MQL a total of $76 in related party service revenue for the twelve months ended December 31, 2018.

Note 5: Convertible Advances from Shareholder and other Related Party Transactions

12 Months Ended

Dec. 31, 2019

Note 5: Convertible Advances from Shareholder and other Related Party Transactions

Note 5: Convertible Advances from Shareholder and other Related Party Transactions There were advances of $124,913 and $78,989 from NAHL, the Company’s principal shareholder, during the twelve-month period ended December 31, 2019 and 2018, respectively. The total advances due are $836,452 and $711,539 from our principal shareholder as of December 31, 2019 and December 31, 2018, respectively. As of December 31, 2019, and 2018, the advances constitute unsecured interest-free loans to the Company. The advances were supposed to have been repaid by the close of business on October 31, 2016. In 2016, however, the Company and NAHL agreed that if the Company was unable to repay these advances by such date, NAHL, at its sole discretion, would have the option to extend the repayment deadline or convert all or a portion of the above advances into common stock of the Company at a conversion price of $0.02 per share. As of December 31, 2019, NAHL, the Company’s principal shareholder, had not yet acted to exercise its option to convert the advances to shares of common stock, the total advances presently remain as an unsecured interest-free, and due on demand loan to the Company. On September 7, 2015, Mr. Jose A. Capote ("Mr. Capote") was appointed to serve as the Company's Secretary and Vice President. There is no family relationship between Mr. Capote and any of the Company's directors or officers. Mr. Capote is currently a shareholder of the Company through his 50% ownership of Earth Heat Ltd. The Company has agreed to pay Jose Capote consulting fees for acting as the Company’s Secretary and Vice President in the amount of $18,000 and $18,000 for the twelve months ended December 31, 2019 and December 31, 2018, respectively. $18,000 and $13,500 is due to Jose Capote, as of December 31, 2019 and 2018, respectively. The Company pays New Asia Momentum Pte Ltd (“NAMPL”), a Singapore private company owned and controlled by Dr. Lin Kok Peng, Chairman and CEO of the Company, fees for the rental of office space and for administrative services in its Singapore Headquarters. Dr. Lin Kok Peng also has voting and dispositive control over the shares of Company’s common stock held by NAHL, the Company’s principal stockholder. The Company has incurred fees of $58,271 and $35,513 due to NAMPL during the years ended December 31, 2019 and 2018, respectively. As of December 31, 2019 and 2018, the Company had $57,102 and $22,393 due to NAMPL recorded in accounts payable and accrued liabilities, respectively. NAML paid MQL a total of $76 in related party service revenue for the twelve months ended December 31, 2018.