XML 30 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
OTHER PAYABLE (Tables)
3 Months Ended
Mar. 31, 2015
Other Liabilities Disclosure [Abstract]  
Other Current Liabilities
 
 
March 31
 
December 31
 
 
 
2015
 
2014
 
 
 
$
 
$
 
 
 
 
 
 
 
 
 
Whiskey License and Distribution Agreement
 
 
75,000
 
 
75,000
 
 
 
 
 
 
 
 
 
The above payable arose from the acquisition of a License Agreement purchased from New World Whiskey Distillery (Pty) Ltd (an Australian corporation) to sell and distribute Blue Harbour Whiskey in the Middle East and Europe. The payable is unsecured, bears no interest and is repayable on or before July 1st, 2015. As part of the agreement, the Company will pay 2% of any net business profits earned under this license agreement, which will be deducted from the outstanding balance owing.