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4. Related Party Transactions
3 Months Ended
Mar. 31, 2020
Related Party Transactions [Abstract]  
Related Party Transactions

Note 4. Related Party Transactions

 

The related parties consist of the following:

 

Joe Grimes, the Company’s Director and CEO

Dr. Amit Tripathi, the Company’s former Director and CEO

Oeshadebie Waterford, the Company’s former President and former CEO;

Eng Wah Kung, the Company’s Former Director and former CEO;

Xinda Human Resources Sdn Bhd, 50% owned by Eng Wah Kung and 50% owned by Teck Siong Lim

 

Advances and loans from Related Parties

 

    

March 31,
2020

    December 31,
2019
 
           
Joe Grimes  $   $ 
Dr. Amit Tripathi        
Total  $   $ 

 

The amounts due to related parties represent loans borrowed from related parties. They are unsecured, bear no interest and are repayable on demand. During the three months ended March 31, 2020, the Company repaid no loans to related parties.

 

Office Furnished by Related Party

 

The Company’s executive office is located 9190 W. Olympic Blvd, #324, Beverly Hills, CA 90212. This office is furnished to the Company by Xinda Human Resources Sdn Bhd at no charge.

 

Service Provided by Related Party

 

One accounting consultant, who is a friend of former CEO, provided non-compensated book keeping and financial reporting services to the Company from March 2017 through September 2017.