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Note 4 - Related Party Transactions
12 Months Ended
Dec. 31, 2016
Notes  
Note 4 - Related Party Transactions

NOTE 4 – RELATED PARTY TRANSACTIONS

 

(a)     As at December 31, 2016, the Company owed $1,558 (2015 – $nil) to the Chief Executive Officer of the Company which is non-interest bearing, unsecured, and due on demand.

 

(b)     As at December 31, 2016, the Company owed $1,558 (2015 – $nil) and $68,708 (Cdn$92,249) (2015 – $nil to the Chief Financial Officer of the Company which are non-interest bearing, unsecured, and due on demand.

 

(c)     As at December 31, 2016, the Company owed $1,558 (2015 – $nil) to a director of the Company which is non-interest bearing, unsecured, and due on demand.

 

(d)     As at December 31, 2016, the Company owed $6,704 (Cdn$9,000) (2015 – $nil) to a director of the Company which is non-interest bearing, unsecured, and due on demand.

 

(e)     As at December 31, 2016, the Company owed $5,800 (2015 - $nil) to the spouse of a director of the Company which is non-interest bearing, unsecured, and due on demand.

 

(f)      As at December 31, 2016, the Company owed $2,980 (Cdn$4,000) (2015 - $5,780 (Cdn$8,000)) to the spouse of a director of the Company which is non-interest bearing, unsecured, and due on demand.

 

(g)     During the year ended December 31, 2016, the Company incurred $9,062 (2015 - $9,397) of rent to a director of the Company.