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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 3 – ACQUISITIONS OF BUSINESS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On October 16, 2018, the Company entered into
an agreement with Virtublock Global Corp (VGC), a corporation incorporated in Ontario Canada, to acquire assets and intellectual
property of VGC. Based on an examination of the net assets acquired, the acquisition of the net assets was determined to be a business
as defined under ASC 805. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pursuant to the agreement, the Company issued
44,911,724 shares of it’s common stock to VGC as purchase consideration.  The fair value of the shares issued was determined
to be $3,458,203 based on the market value of the common stock as the date of issuance. The following table sets forth the allocation
of the purchase consideration to the fair value of the net assets acquired. The acquired goodwill is primarily related to the value
attributed to a company that is expected to experience accelerated growth. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company assessed the goodwill and intangible assets assigned
as a result of the acquisition for impairment and considered them impaired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management tested goodwill and intangibles
for impairment and determined them to be impaired. The main cause of the impairment was Company’s inability to secure the
required financing and customer contracts in order to operationalize the new acquisition of VirtuBlock Global, Inc. As a result,
the carrying amounts of intangibles and goodwill could not be supported.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Impairment of Goodwill and intangible assets:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management used the Income approach to estimate the value of the
Company’s intangible assets based on projections (adjusted for multiple scenarios and weighted probabilities) of future cash
flows.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Impairment regarding Goodwill</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The fair value of the business unit based on the discounted cash
flow analysis and net asset valuations of the reporting unit do not exceed the carrying amount, therefore goodwill was considered
impaired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Impairment regarding Intangibles</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The undiscounted (pre-tax) cash flows of the reporting unit using
projections do not exceed its’s carrying value, and therefore intangibles were considered impaired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td><font style="font-size: 10pt">Consideration</font></td>
<td> </td>
<td colspan="3"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 87%"><font style="font-size: 10pt">Common shares issued</font></td>
<td style="width: 1%"> </td>
<td style="width: 1%; border-bottom: black 1pt solid"><font style="font-size: 10pt">$</font></td>
<td style="width: 10%; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">3,458,203</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Net assets acquired</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Customer base (note 6)</font></td>
<td> </td>
<td><font style="font-size: 10pt">$</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Trade name – Virtublock (note 6)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">6,600</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Intellectual property/ Technology (note 6) </font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">11,200</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Non-compete agreements (note 6)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Goodwill (note 6)</font></td>
<td> </td>
<td style="border-bottom: black 1pt solid"> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">3,440,403</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Total net assets acquired</font></td>
<td> </td>
<td><font style="font-size: 10pt">$</font></td>
<td style="text-align: right"><font style="font-size: 10pt">3,458,203</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Impairment provision for the year (note 6)</font></td>
<td> </td>
<td style="border-bottom: black 1pt solid"> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(3,458,203)</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td>
<td> </td>
<td style="border-bottom: black 1pt solid"> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i></i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>Acquisition of transportation enablement platform</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During the year ended
December 31, 2017, the Company entered into an agreement to acquire a transportation enablement platform (the "Platform")
which provides fully automated dispatching and bookings management built for taxi companies, limousine companies and ride-sharing
service providers. The Platform gives customers an app-based experience while the acquired cloud-based Platform, provides service
providers a range of functions which include customer booking, accounts management, driver tracking, real-time notifications, auto
dispatching algorithms, accounting and settlements, corporate account management as well as providing reporting and analytics.
The Platform has also shown to have a direct application in the B2B space in providing corporations with a more efficient taxi
chit solution to combat fraud and excessive administration costs.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In exchange for the acquisition of the Platform
from a private Canadian based company, the Company will be providing as consideration the equivalent of up to C$1,000,000 in the
form of non-registered shares in the common stock of the Company, based on a share price of the lesser of US$3.00 per share, or
the share price on closing. The equivalent of C$400,000 in shares is payable on closing with C$300,000 payable in shares on the
first anniversary of the closing, subject to the satisfaction of certain milestones, and an additional C$300,000 payable in shares
on the second anniversary of the closing, subject to the satisfaction of certain milestones.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Transaction costs incurred with respect to
the acquisition of the Platform have been expensed in the statements of operations and comprehensive loss for the year ended December
31, 2017.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During 2018, the planned acquisition transaction
was cancelled.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 4 – ASSETS AND LIABILITIES FROM
DISCONTINUED OPERATIONS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 6, 2018, the Company entered into
an asset purchase agreement to sell the prepaid card business for total consideration of C$400,000, comprised of C$200,000 upon
closing, C$100,000 12 months from the date of closing and the equivalent of C$100,000 in shares. A former Director and Chief Executive
Officer was related to an officer of the acquirer of the prepaid card business. The transaction was approved by the Board of Directors.
The Company has determined that the prepaid card business represents a component and is a reportable segment of the Company. The
transaction completed in March 2018. As of March 31, 2018, the Company received C$200,000 ($152,871).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the first fiscal quarter of 2018, the
Company implemented a plan to abandon the mobility solution operation. The Company has determined that the mobility solution operation
represents a component and a reportable segment of the Company. According to the plan of abandonment, the Company gradually ceased
accepting any new business during first quarter of 2018 and settled all the remaining orders and obligations from mobility solution
by end of March 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b>The Company determined
that the disposal of prepaid card business and abandonment of mobility solution operations represent a strategical shift of the
company’s business operations. The prepaid card operation and mobility solution operation were part of the company’s
plan of disposal and both met the held-for-sale criteria within a short period of time, therefor, the two operations were accounted
for, presented and disclosed as discontinued operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">A reconciliation of the carrying amounts
of major classes of assets and liabilities of the discontinued operations to total assets and liabilities of the disposal group
classified as discontinued that are presented separately in the consolidated balance Sheets is as below:</p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>December 31,</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>December 31,</b></font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2019</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2018</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Major classes of assets included in discontinued operations:</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 70%; text-align: left">Cash held in trust and customer deposits</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Accounts receivable</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Equipment (note 5)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Intangible assets (note 6)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2pt">Total assets from discontinued operations</td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Major classes of liabilities included in discontinued operations</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Accounts payable and accrued liabilities</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Client funds</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 2pt"><p style="margin-top: 0; margin-bottom: 0"> </p>
<p style="margin-top: 0; margin-bottom: 0">Total liabilities from discontinued operations</p></td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left"> </td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left"> </td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
assets and liabilities were classified as discontinued operation because that have been discontinued in March 2018. A reconciliation
of the major classes of line items constituting net loss from discontinued operations to net loss from discontinued operations
that are presented in the consolidated statements of operations and comprehensive loss is as below:  </font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="3" style="text-align: center">For the year ended</td><td> </td>
<td colspan="3" style="text-align: center">For the year ended</td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0">December 31,</p>
<p style="margin-top: 0; margin-bottom: 0">2019</p></td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">December 31, 2018</td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="3"> </td><td> </td>
<td colspan="3"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Major classes of line items constituting net loss from discontinued operations</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Revenue</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 70%; text-align: left; text-indent: 9pt">Gross prepaid card revenue (Note 2)</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">97,861</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; text-indent: 9pt">Commissions and agent fees (Note 2)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(26,338</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: 9pt">Mobility products revenue (Note 2)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">323,074</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; text-indent: 9pt">Fees and other revenue (Note 2)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; text-indent: 9pt">Mobility product commissions (Note 2)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">40,350</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Net revenue</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">434,947</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Processing and card fees</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(118,180</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Mobility products cost of goods sold</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(351,767</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Gross margin</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(35,000</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Expenses</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Impairment goodwill and trademark</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Salaries and consultants</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(189,284</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Depreciation and amortization</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Office and sundry expenses and other</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(192,305</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Loss on disposal of assets</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(13,682</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(395,271</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2pt">Net loss from discontinued operations that are presented in the consolidated statements of operations and comprehensive loss</td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">-</td><td style="padding-bottom: 2pt; text-align: left"> </td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">(430,271</td><td style="padding-bottom: 2pt; text-align: left">)</td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 7 – PROMISSORY NOTES </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 5, 2017, the Company entered into
a promissory note in the amount of $477,402 (C$588,600) with an arm’s length third party. The note was to be repaid no later
than 90 days from the date of issuance with an interest rate of 1.75% per 30-day period. The Promissory note was settled in full
in February 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On February 1, 2018, the Company entered into
two promissory notes in the aggrege amount of $87,000 with arm’s length third parties. The notes were to be repaid on December
31, 2018 with an interest rate of 4% per annum. The promissory notes were settled on September 10, 2018 by issuance of 870,000
common shares of the company (note 9).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On March 20, 2018, the Company entered into
a promissory note in the amount of $750,000 with an arm’s length third party. The note was to be repaid on December 31, 2018
with an interest rate of 4% per annum. The Promissory note was settled on September 10, 2018 by issuance of 7,500,000 common shares
of the company (note 9).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i></i>NOTE 8 – FINANCIAL INSTRUMENTS AND RISK MANAGEMENT</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has exposure to liquidity risk
and foreign currency risk.  The Company's risk management objective is to preserve and redeploy the existing treasury as appropriate,
ultimately to protect shareholder value.  Risk management strategies, as discussed below, are designed and implemented to
ensure the Company's risks and the related exposure are consistent with the business objectives and risk tolerance.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Liquidity Risk: Liquidity risk is the risk
that the Company will not be able to meet its financial obligations as they come due.  The Company manages its liquidity by
ensuring that there is sufficient capital to meet short and long-term business requirements, after taking into account cash requirements
from operations and the Company's holdings of cash and cash equivalents. The Company also strives to maintain sufficient financial
liquidity at all times in order to participate in investment opportunities as they arise, as well as to withstand sudden adverse
changes in economic circumstances.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Management forecasts cash flows for its current
and subsequent fiscal years to predict future financing requirements.  Future requirements may be met through a combination
of credit and access to capital markets.  The Company's cash requirements are dependent on the level of operating activity,
a large portion of which is discretionary.  Should management decide to increase its operating activity, more funds than what
is currently in place would be required.  It is not possible to predict whether financing efforts will be successful or sufficient
in the future.  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At December 31, 2019, the Company had $21,477
in cash and cash equivalents (December 31, 2018 - $36,075).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following are the maturities, excluding
interest payments, reflecting undiscounted future cash disbursements of the Company's financial liabilities based on the period
year ended December 31, 2019.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="3" style="text-align: center">2020</td><td> </td>
<td colspan="3" style="text-align: center">2021 and later</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 70%; text-align: left">Accounts payable and accrued liabilities</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">710,430</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Due to related party corporations</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">100,201</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">810,631</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i></i></b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0; text-align: center">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Currency risk: The Company's expenditures are
incurred in Canadian and US dollars.  The results of the Company's operations are subject to currency translation risk. 
The Company mitigates foreign exchange risk through forecasting its foreign currency denominated expenditures and maintaining an
appropriate balance of cash in each currency to meet the expenditures.  As the Company's reporting currency is the US dollar,
fluctuations in US dollar will affect the results of the Company. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Credit risk: Credit risk is the risk of
loss associated with a counterparty's inability to fulfill its payment obligations. As at December 31, 2019, the Company's credit
risk is primarily attributable to cash and cash equivalents and accounts receivable. At December 31, 2019, the Company's cash and
cash equivalents were held with reputable Canadian chartered banks.  At December 31, 2019, the Company had an allowance for
doubtful accounts of $NIL (December 31, 2018 - $192,305) as a result of a review of collectability of the amount outstanding and
the duration of time it was outstanding.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>  </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Interest rate risk: Interest rate risk
is the risk borne by an interest-bearing asset or liability as a result of fluctuations in interest rates.  Financial assets
and financial liabilities with variable interest rates expose the Company to cash flow interest rate risk.  The Company's
does not have significant interest rate risk as the promissory note have been settled during the year.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair values:  The carrying amounts reported
in the consolidated balance sheets for cash and cash equivalents, cash held in trust and customer deposits, accounts receivables,
accounts payable and accrued liabilities, promissory note and client funds approximate fair value because of the short period of
time between the origination of such instruments and their expected realization.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 9 – COMMON STOCK, SHARES TO BE
ISSUED AND COMMON SHARE PURCHASE WARRANTS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Common Stock, Shares to be issued and Common
Share Purchase Warrants</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Common Stock </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">The Company is authorized to issue 500,000,000
common stock with a par value of $0.0001.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During January and
April 2019, the company issued 1,500,000 shares of the common stock to an arm’s length third party as compensation for services
rendered.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In May 2019, the Company
completed various private placements for the sale of non-registered shares of the Company's common stock. As a result of these
private placements 1,038,461 non-registered shares of the Company's common stock was issued for proceeds of $103,846.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During July and August
2019, the Company completed private placements for the sale of non-registered shares of the Company's common stock. As a result
of these private placements 1,000,000 non-registered shares of the Company's common stock was issued for proceeds of $92,308.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">In December 2019, the Company completed
a private placement for the sale of non-registered shares of the Company's common stock. As a result of the private placement 757,575
non-registered shares of the Company's common stock was issued for proceeds of $34,091.<b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Shares to be issued</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">In December 2019, the Company received
$34,091 from an investor and 757,575 non-registered shares of the Company's common stock was issued in January 2020. (note 14).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">During January 2018, the Company
completed a private placement for the sale of non-registered shares of the Company's common stock. As a result of the private
placement 200,000 non-registered shares of the Company's common stock was issued for proceeds of $40,671. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During April 2018,
the Company completed several private placements for the sale of non-registered shares of the Company's common stock. As a result
of these private placements 687,500 non-registered shares of the Company's common stock was issued for proceeds of $39,672.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On April 11, 2018,
the Company issued 1,500,000 shares of the common stock to a corporation controlled by an officer of the company as compensation
for services rendered, and on April 14, 2018, the company issued 1,000,000 shares of the common stock to a current officer of the
company who at that time was an arm’s length consultant, as compensation for services rendered. The fair value in amount
of $337,250 of these shares was determined by using the market price of the common stock as at the date of issuance. (note 10,
note 11)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On September 10, 2018,
the Company issued 8,370,000 shares of the common stock to various arm’s length third parties in respect of settlement of
promissory notes. (note 7)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On October 17, 2018,
the Company issued 44,911,724 shares of the common stock in respect of the assets purchase from Virtublock Global Corp. (note 3) </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">During November and
December, 2018, the Company completed several private placements for the sale of non-registered shares of the Company's common
stock. As a result of these private placements 5,450,000 non-registered shares of the Company's common stock was issued for proceeds
of $399,483.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"><b>Common Share Purchase Warrants </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On November 23, 2016, the Company issued 1,471,659
common share purchase warrants to certain individuals. Each warrant was exercisable into one common stock of the Company. 600,000
warrants are exercisable into one common stock of the Company until October 31, 2017, at an exercise price of C$0.50 which reflects
the forward split. 871,659 warrants were exercisable to November 30, 2016, at an exercise price of C$0.50, which reflects the
forward split. The exercise period was later amended by the Company to March 31, 2017.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The 871,659 warrants were assigned a fair value
of $647,168 using the Black-Scholes pricing model.  The following assumptions were used:  Risk free interest rate of
– 1.00; expected volatility of 140%, based on comparable companies; expected dividend yield – nil; expected life of
0.02 years.  As a result of the amendment of the exercise period, the fair value was adjusted to $652,994 based on the following
assumptions:   Risk free interest rate of – 1.00; expected volatility of 107%, based on comparable companies; expected
dividend yield – nil; expected life of 0.33 years.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As the warrants were not issued in connection
with an offering of shares, the fair value has been reflected in the consolidated statement of operations as share-based payment
expense.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">All warrants issued by the company have expired
and as of December 31, 2018, there are no outstanding warrants at December 31, 2019.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Basis of presentation</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The consolidated financial statements have
been prepared pursuant to the rules and regulations of the Securities and Exchange Commission, in accordance with accounting principles
generally accepted in the United States of America ("US GAAP"). The consolidated financial statements reflect all adjustments,
consisting of normal recurring adjustments, which, in the opinion of management, are necessary to present a fair statement of the
results for the period. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Basis of consolidation </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The consolidated financial statements comprise
the accounts of Zoompass Holdings, the legal parent company, and its wholly-owned subsidiaries, Virtublock Canada Inc. and Paymobile
Inc. (“Paymobile”), a company incorporated in Florida, USA, after the elimination of all intercompany balances and
transactions.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subsidiaries are all entities (including special
purpose entities) over which the Company, either directly or indirectly, has the power to govern the financial and operating policies
generally accompanying a shareholding of more than one half of the voting rights. Where the group does not directly hold more than
one half of the voting rights, significant judgment is used to determine whether control exists. These significant judgments include
assessing whether the group can control the operating policies through the group's ability to appoint the majority of directors
to the board. The existence and effect of potential voting rights that are currently exercisable or convertible are considered
when assessing whether the group controls another entity. Subsidiaries are fully consolidated from the date on which control is
transferred to the group until the date on which control ceases.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accounts of subsidiaries are prepared for
the same reporting period as the parent entity, using consistent accounting policies. Inter-company transactions, balances and
unrealised gains or losses on transactions between the entities are eliminated.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Translation of foreign currencies</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The reporting and functional currency of the
Company and Paymobile is the US dollar. The Company has determined that the functional currency of VCI is the Canadian dollar.
(references to which are denoted "C$").</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Transactions in currencies other than the functional
currency are recorded at the rates of the exchange prevailing on dates of transactions. At each balance sheet reporting date, monetary
assets and liabilities that are denominated in foreign currencies are translated at the rates prevailing at each reporting date.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the exchange rate at the
historical date of the transaction.  The impact from the translation of foreign currency denominated items are reflected in
the statement of operations and comprehensive loss.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Translation of Zoompass' assets and liabilities
is done using the exchange rates at each balance sheet date; revenue and expenses are translated at average rates prevailing during
the reporting period or at the date of the transaction; shareholders' equity is translated at historical rates. Adjustments resulting
from translating the consolidated financial statements into the US Dollar are recorded as a separate component of accumulated other
comprehensive income in the statement of changes in stockholders’ deficiency.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Financial instruments</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC Topic 820 defines fair value, establishes
a framework for measuring fair value, and expands disclosures about fair value measurements. Included in the ASC Topic 820 framework
is a three level valuation inputs hierarchy with Level 1 being inputs and transactions that can be effectively fully observed by
market participants spanning to Level 3 where estimates are unobservable by market participants outside of the Company and must
be estimated using assumptions developed by the Company. The Company discloses the lowest level input significant to each category
of asset or liability valued within the scope of ASC Topic 820 and the valuation method as exchange, income or use. The Company
uses inputs which are as observable as possible and the methods most applicable to the specific situation of each company or valued
item.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying amounts reported in the consolidated
balance sheets for cash and cash equivalents, cash in trust and customer deposits, accounts receivables and due from related party
corporations, net of any allowances for doubtful accounts, accounts payable and accrued liabilities, promissory note, due to related
party corporations, and client funds approximate fair value because of the short period of time between the origination of such
instruments and their expected realization. The allowance for doubtful accounts is reflected in "Office and Sundry" expenses
on the statement of operations and comprehensive loss.  Per ASC Topic 820 framework these are considered Level 2 inputs where
inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar
assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs
that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company's policy is to recognize transfers
into and out of Level 3 as of the date of the event or change in the circumstances that caused the transfer. There were no such
transfers during the year.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Basic and diluted loss per share</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic and diluted loss per share has been determined
by dividing the net loss available to shareholders for the applicable period by the basic and diluted weighted average number of
shares outstanding, respectively. The diluted weighted average number of shares outstanding is calculated as if all dilutive options
had been exercised or vested at the later of the beginning of the reporting period or date of grant, using the treasury stock method.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Loss per common share is computed by dividing
the net loss by the weighted average number of shares of common shares outstanding during the period. Common share equivalents,
options and warrants are excluded from the computation of diluted loss per share when their effect as anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Segment reporting</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC 280-10, "Disclosures about Segments
of an Enterprise and Related Information", establishes standards for the way that public business enterprises report information
about operating segments in the Company's consolidated financial statements. Operating segments are components of an enterprise
about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding
how to allocate resources and in assessing performance. Significantly all of the assets of the Company are located in, all revenues
are currently earned in Canada and the Company’s research, development and strategical planning operations are carried out
and served as an integral part of the Company’s business. The Company’s reportable segments and operating segments
include prepaid card operations, mobility solution operations, cryptocurrency platform operations and research, development and
strategical planning operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Equipment</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Equipment is stated at historic cost. The Company
has the following sub-categories of property and equipment with useful lives and depreciation methods as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="width: 1%"> </td>
<td style="width: 1%"><font style="font-size: 10pt"> •</font></td>
<td style="width: 98%; text-align: justify"><font style="font-size: 10pt"> Computer equipment and furniture – 30% declining balance per year</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The cost of assets sold, retired, or otherwise
disposed of and the related accumulated depreciation are eliminated from the accounts. Expenditures for maintenance and repairs
are charged to expense as incurred.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The Company follows the ASC Topic
360, which requires that long-lived assets be reviewed annually for impairment whenever events or changes in circumstances indicate
that the assets' carrying amounts may not be recoverable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">In performing the review for recoverability,
if future undiscounted cash flows (excluding interest charges) from the use and ultimate disposition of the assets are less than
their carrying values, an impairment loss represented by the difference between its fair value and carrying value, is recognized.
When properties are classified as held for sale they are recorded at the lower of the carrying amount or the expected sales price
less costs to sell.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Goodwill</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Goodwill represents the excess purchase price
over the estimated fair value of net assets acquired by the Company in business combinations. Business acquisitions are accounted
for using the acquisition method whereby acquired assets and liabilities are recorded at fair value as of the date of acquisition
with the excess of the acquisition amount over such fair value being recorded as goodwill and allocated to reporting units ("RU"). 
RUs are the smallest identifiable group of assets, liabilities and associated goodwill that generate cash inflows that are largely
independent of the cash inflows from other assets or groups of assets.  Given how the Company is structured and managed, the
Company has one RU.  Goodwill arises principally because of the following factors among other things: (1) the going concern
value of the Company's capacity to sustain and grow revenues through securing additional contracts and customers,; (2) the undeserved
market of consumers looking for financial transactional alternatives; (3) technological and mobile capabilities beyond acquired
lines of business to capture buyer specific synergies arising upon a transaction and (4) the requirement to record a deferred tax
liability for the difference between the assigned values and the tax bases of the assets acquired and liabilities assumed in a
business combination, if any.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Intangibles</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has applied the provisions of ASC
topic 350 – Intangibles – goodwill and other, in accounting for its intangible assets. Intangible assets subject to
amortization are amortized on a straight-line method on the basis over the useful life of the respective intangibles. The following
useful lives are used in the calculation of amortization:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Trademark – 7.25 years</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Acquired payment platform – 5 years</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Intellectual property/Technology – 7.25
years</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Share-based payment expense</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows the fair value method of
accounting for stock awards granted to employees, directors, officers and consultants. Share-based awards to employees are measured
at the fair value of the related share-based awards. Share-based payments to others are valued based on the related services rendered
or goods received or if this cannot be reliably measured, on the fair value of the instruments issued. Issuances of shares are
valued using the fair value of the shares at the time of grant; issuances of warrants and other share-based awards are valued using
the Black-Scholes model with assumptions based on historical experience and future expectations. All issuances of share-based payments
have been fully-vested, otherwise the Company recognizes such awards over the vesting period based on expectations of the number
of awards expected to vest over that period on a straight-line basis.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Business combinations</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A business combination is a transaction or
other event in which control over one or more businesses is obtained. A business is an integrated set of activities and assets
that is capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs or other
economic benefits. A business consists of inputs and processes applied to those inputs that have the ability to create outputs
that provide a return to the Company and its shareholders. A business need not include all of the inputs and processes that were
used by the acquiree to produce outputs if the business can be integrated with the inputs and processes of the Company to continue
to produce outputs. The Company considers several factors to determine whether the set of activities and assets is a business.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Business acquisitions are accounted for using
the acquisition method whereby acquired assets and liabilities are recorded at fair value as of the date of acquisition with the
excess of the purchase consideration over such fair value being recorded as goodwill and allocated to reporting units (“RUs”).
If the fair value of the net assets acquired exceeds the purchase consideration, the difference is recognized immediately as a
gain in the consolidated statement of operations. Acquisition related costs are expensed during the period in which they are incurred,
except for the cost of debt or equity instruments issued in relation to the acquisition which is included in the carrying amount
of the related instrument. Certain fair values may be estimated at the acquisition date pending confirmation or completion of the
valuation process. Where provisional values are used in accounting for a business combination, they are adjusted retrospectively
in subsequent periods. However, the measurement period will not exceed one year from the acquisition date. If the assets acquired
are not a business, the transaction is accounted for as an asset acquisition.<b><i> </i> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>Assets and disposal groups held for sale and discontinued
operations</b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Assets and disposal groups (assets and
liabilities relating to an activity that is to be sold or abandoned) are classified as ‘held for sale’ if their carrying
amount is to be recovered principally through a sales transaction rather than through continuing use. The reclassification takes
place when the assets are available for immediate sale and the sale is highly probable. These conditions are usually met as from
the date on which agreement to sell is ready for signing or an abandonment plan starts to implement. Assets held for sale and disposal
groups are measured at the lower of carrying amount and fair value less costs to sell. Assets held for sale are not depreciated
or amortized.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Discontinued operations comprise those
activities that were disposed of either via sales or abandonment during the period or which were classified as held for sale at
the end of the period, and represent a separate major line of business or geographical area that can be clearly distinguished for
operational and financial reporting purposes.<b> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>Leases</b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2019, the Company adopted
Accounting Standards Codification Topic 842, “Leases” (“ASC 842”) to replace existing lease accounting
guidance. This pronouncement is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use
assets and corresponding lease liabilities on the balance sheet for most leases. Expenses associated with leases will continue
to be recognized in a manner similar to previous accounting guidance. The Company adopted ASC 842 utilizing the transition practical
expedient added by the Financial Accounting Standards Board (“FASB”), which eliminates the requirement that entities
apply the new lease standard to the comparative periods presented in the year of adoption.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is the lessee in a lease contract
when the Company obtains the right to use the asset. Operating leases are included in the line items right-of-use asset, lease
obligation, current, and lease obligation, long-term in the consolidated balance sheet. Right-of-use (“ROU”) asset
represents the Company’s right to use an underlying asset for the lease term and lease obligations represent the Company’s
obligations to make lease payments arising from the lease, both of which are recognized based on the present value of the future
minimum lease payments over the lease term at the commencement date. Leases with a lease term of 12 months or less at inception
are not recorded on the consolidated balance sheet and are expensed on a straight-line basis over the lease term in our consolidated
statement of income. The Company determines the lease term by agreement with lessor.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As our current operating lease of office
space, at the commencement, has a term of less than 12 months, we elect not to apply the recognition requirements of ASC 842 to
the short-term lease, instead lease payments are recognized in statement of operations on a straight-line basis over the lease
term.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">In the
following table, revenue is disaggregated by major product line and timing of revenue recognition. The table also includes a reconciliation
of the disaggregated revenue with the reportable and operating segments. Also see note 4.</p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"><font style="font-size: 10pt"><b>Reportable and operating segments</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1.5pt solid"> </td>
<td style="border-bottom: black 1.5pt solid"> </td>
<td colspan="11" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2019</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Prepaid Cards</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Mobility Solution</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Total</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Major products/services lines</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="width: 47%"><font style="font-size: 10pt">Gross prepaid card revenue (note 4)</font></td>
<td style="width: 4%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Commissions and agent fees (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility products revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Fees and other revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility product commissions (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Timing of revenue recognition</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Products transferred at a point in time (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
</table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"><font style="font-size: 10pt"><b>Reportable and operating segments</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1.5pt solid"> </td>
<td style="border-bottom: black 1.5pt solid"> </td>
<td colspan="11" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2018</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Prepaid Cards</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Mobility Solution</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Total</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Major products/services lines</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="width: 47%"><font style="font-size: 10pt">Gross prepaid card revenue (note 4)</font></td>
<td style="width: 4%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">97,861</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">—  </font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">97,861</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Commissions and agent fees (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">(26,338</font></td>
<td><font style="font-size: 10pt">)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">(26,338</font></td>
<td><font style="font-size: 10pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility products revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">323,074</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">323,074</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Fees and other revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility product commissions (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">40,350</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">40,350</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Timing of revenue recognition</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Products transferred at a point in time (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The undiscounted (pre-tax) cash flows of the reporting unit using
projections do not exceed its’s carrying value, and therefore intangibles were considered impaired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td><font style="font-size: 10pt">Consideration</font></td>
<td> </td>
<td colspan="3"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 87%"><font style="font-size: 10pt">Common shares issued</font></td>
<td style="width: 1%"> </td>
<td style="width: 1%; border-bottom: black 1pt solid"><font style="font-size: 10pt">$</font></td>
<td style="width: 10%; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">3,458,203</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Net assets acquired</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Customer base (note 6)</font></td>
<td> </td>
<td><font style="font-size: 10pt">$</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Trade name – Virtublock (note 6)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">6,600</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Intellectual property/ Technology (note 6) </font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">11,200</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Non-compete agreements (note 6)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Goodwill (note 6)</font></td>
<td> </td>
<td style="border-bottom: black 1pt solid"> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">3,440,403</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Total net assets acquired</font></td>
<td> </td>
<td><font style="font-size: 10pt">$</font></td>
<td style="text-align: right"><font style="font-size: 10pt">3,458,203</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td><font style="font-size: 10pt">Impairment provision for the year (note 6)</font></td>
<td> </td>
<td style="border-bottom: black 1pt solid"> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(3,458,203)</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td>
<td> </td>
<td style="border-bottom: black 1pt solid"> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">A reconciliation of the carrying amounts
of major classes of assets and liabilities of the discontinued operations to total assets and liabilities of the disposal group
classified as discontinued that are presented separately in the consolidated balance Sheets is as below:</p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>December 31,</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>December 31,</b></font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2019</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">2018</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Major classes of assets included in discontinued operations:</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 70%; text-align: left">Cash held in trust and customer deposits</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Accounts receivable</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Equipment (note 5)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Intangible assets (note 6)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2pt">Total assets from discontinued operations</td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Major classes of liabilities included in discontinued operations</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Accounts payable and accrued liabilities</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Client funds</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">—</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 2pt"><p style="margin-top: 0; margin-bottom: 0"> </p>
<p style="margin-top: 0; margin-bottom: 0">Total liabilities from discontinued operations</p></td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left"> </td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left"> </td><td style="border-bottom: Black 2pt double; text-align: right">—</td><td style="padding-bottom: 2pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"> </p>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
assets and liabilities were classified as discontinued operation because that have been discontinued in March 2018. A
reconciliation of the major classes of line items constituting net loss from discontinued operations to net loss from
discontinued operations that are presented in the consolidated statements of operations and comprehensive loss is as
below: <b><i>  </i></b></font></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="3" style="text-align: center">For the year ended</td><td> </td>
<td colspan="3" style="text-align: center">For the year ended</td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"><p style="margin-top: 0; margin-bottom: 0">December 31,</p>
<p style="margin-top: 0; margin-bottom: 0">2019</p></td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="text-align: center; border-bottom: Black 1pt solid">December 31, 2018</td></tr>
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="3"> </td><td> </td>
<td colspan="3"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Major classes of line items constituting net loss from discontinued operations</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Revenue</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 70%; text-align: left; text-indent: 9pt">Gross prepaid card revenue (Note 2)</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">-</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">97,861</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; text-indent: 9pt">Commissions and agent fees (Note 2)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(26,338</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; text-indent: 9pt">Mobility products revenue (Note 2)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">323,074</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; text-indent: 9pt">Fees and other revenue (Note 2)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt; text-indent: 9pt">Mobility product commissions (Note 2)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">40,350</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Net revenue</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">434,947</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Processing and card fees</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(118,180</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Mobility products cost of goods sold</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(351,767</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Gross margin</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(35,000</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Expenses</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Impairment goodwill and trademark</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Salaries and consultants</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(189,284</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Depreciation and amortization</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Office and sundry expenses and other</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(192,305</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Loss on disposal of assets</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(13,682</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(395,271</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 2pt">Net loss from discontinued operations that are presented in the consolidated statements of operations and comprehensive loss</td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">-</td><td style="padding-bottom: 2pt; text-align: left"> </td><td style="padding-bottom: 2pt"> </td>
<td style="border-bottom: Black 2pt double; text-align: left">$</td><td style="border-bottom: Black 2pt double; text-align: right">(430,271</td><td style="padding-bottom: 2pt; text-align: left">)</td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following are the maturities, excluding
interest payments, reflecting undiscounted future cash disbursements of the Company's financial liabilities based on the period
year ended December 31, 2019.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
<td> </td><td> </td>
<td colspan="3" style="text-align: center">2020</td><td> </td>
<td colspan="3" style="text-align: center">2021 and later</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 70%; text-align: left">Accounts payable and accrued liabilities</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">710,430</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">—</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Due to related party corporations</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">100,201</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">810,631</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">—</td><td style="text-align: left"> </td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i></i></b>For year ended December
31, 2018 the Company had the following stock options and deferred stock units.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="width: 18%; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>Award</b></font></td>
<td style="width: 16%; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>Fair Value</b></font></td>
<td style="width: 10%; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>Contractual Life (years)</b></font></td>
<td style="width: 8%; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>Units</b></font></td>
<td style="width: 27%; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>Number of units vested</b></font></td>
<td style="width: 21%; border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Exercise Price (C$)</b></font></td></tr>
<tr>
<td><font style="font-size: 10pt">Options</font></td>
<td style="text-align: right"><font style="font-size: 10pt">493,080</font></td>
<td style="text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">562,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">562,500</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">0.50</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Fully vested options</font></td>
<td style="text-align: right"><font style="font-size: 10pt">210,961</font></td>
<td style="text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">187,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">187,500</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Deferred stock units</font></td>
<td style="text-align: right"><font style="font-size: 10pt">304,405</font></td>
<td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">272,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">107,319</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Deferred stock units</font></td>
<td style="text-align: right"><font style="font-size: 10pt">798,517</font></td>
<td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">917,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">367,164</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">0.50</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Options</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="text-align: center"><font style="font-size: 10pt">-</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
<tr style="background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"><font style="font-size: 10pt">Total</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">1,806,963</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">1,940,000</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">1,224,483</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr></table>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><tr><td style="width: 54%"></td>
<td style="width: 28%; text-align: center"><font style="font-size: 10pt"><b>December 31,</b></font></td>
<td style="width: 18%; text-align: center"><font style="font-size: 10pt"><b>December 31,</b></font></td></tr>
<tr>
<td> </td>
<td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>2019</b></font></td>
<td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>2018</b></font></td></tr>
<tr>
<td style="padding-bottom: 1pt"><font style="font-size: 10pt">Deferred Tax Items</font></td>
<td style="border-bottom: Black 1pt solid; text-align: center"><font style="font-size: 10pt">$</font></td>
<td style="border-bottom: Black 1pt solid; text-align: center"><font style="font-size: 10pt">$</font></td></tr>
<tr style="background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Net operating loss carry forwards</font></td>
<td style="text-align: right"><font style="font-size: 10pt">166,513</font></td>
<td style="text-align: right"><font style="font-size: 10pt">166,446</font></td></tr>
<tr style="background-color: White">
<td><font style="font-size: 10pt">Non-capital loss carry forwards - Canada</font></td>
<td style="text-align: right"><font style="font-size: 10pt">1,376,411</font></td>
<td style="text-align: right"><font style="font-size: 10pt">1,273,674</font></td></tr>
<tr style="background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Others</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="text-align: right"><font style="font-size: 10pt">(4,694)</font></td></tr>
<tr style="background-color: White">
<td><font style="font-size: 10pt">Valuation allowance</font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(1,542,924)</font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(1,435,426)</font></td></tr>
<tr style="background-color: rgb(204,238,255)">
<td> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td></tr></table>
105450000
109746036
43330776
757575
-630657
-817161
-309685
10545
10975
4332
34091
26648048
27104864
21015908
-27538709
-28153965
-21302533
249459
186874
-27392
2796036
6337500
757575
264337
479826
280
634
34091
229966
479192
8050784
1500000
44911724
44911724
227000
3458203
150
4492
226850
3453711
2500000
2500000
2500000
1160000
1500000
337250
250
337000
227000
337250
526074
526074
8370000
837000
837
836163
-62585
276851
-62585
276851
2016-06-08
3030300
300000
757575
500000
34091
151515
15000
103846
92308
34091
34091
40671
39672
399483
50000
0
97861
0
0
97861
0
0
-26338
0
0
-26338
0
0
323074
0
0
0
323074
0
0
0
0
0
0
0
40350
0
0
0
40350
0
434947
0
0
0
71523
363424
434947
0
0
71523
363424
30% declining balance per year
P5Y
P7Y2M30D
P7Y2M30D
3458203
0
6600
11200
0
3440403
3458203
44911724
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-118180
0
-351767
0
-35000
0
0
0
-189284
0
0
0
-192305
0
-13682
0
-395271
152871
0
0
68502
66005
0
2497
0
0
0
0
0
0
0
66636
64207
2429
0
0
0
-1866
-1798
-68
0
0
0
0
27431
26732
0
699
0
0
0
0
0
0
0
26703
26022
681
0
0
0
728
710
18
0
0
0
0
0
0
0
0
17800
17800
408269
168620
6600
239649
11200
0
0
6600
11200
0
0
0
17800
0
0
6600
11200
0
0
0
394771
0
0
164145
230626
0
0
0
-13498
0
0
-4475
-9023
0
0
0
0
-193297
-168620
0
-24677
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
187582
0
0
164145
23437
0
0
0
5715
0
0
4475
1240
0
0
0
0
0
0
0
0
0
0
17800
6600
11200
0
-17800
-6600
-11200
0
0
3440403
3440403
0
0
477402
588600
87000
750000
0.0175
0.04
0.04
870000
7500000
810631
0
192305
0
1038461
1000000
757575
757575
200000
687500
5450000
1500000
1000000
8370000
337250
1471659
600000
871659
0.50
0.50
227000
863324
652994
647168
155377
57193
0
337250
313504
0
0
0
0
0
0
0
177000
50000
0
863324
0.0100
0.0100
0.01
0.01
0.00
0.00
0.02
0.00
0.00
0.02
1.0700
1.4000
1.08
1.08
0.00
0.00
1.08
0.00
0.00
1.08
0.0000
0.0000
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
P3M29D
P7D
P4Y
P4Y
P4Y
P5Y
2016-12-01
2016-12-01
2017-08-31
2018-04-14
2018-12-14
2019-01-20
2019-04-20
2021-12-01
2021-12-01
2018-10-31
2023-12-31
917500
272500
2500000
5400000
1000000
500000
1.5
0.00
0.00
0.00
0.1
0.00
0.00
1.5
1.5
0.00
0.14
0.56
0.177
0.1
1806963
493080
210961
304405
798517
0
1940000
562500
187500
272500
917500
0
1224483
562500
187500
107319
367164
0
0.5
0.00
0.00
0.5
0.00
20000000
5400000
1480000
0.10
1.50
562500
917500
460000
187500
2018-10-31
600000
337250
313504
493080
210961
272500
250000
201711
50000
120000
313504
212570
-615256
-6236176
-215341
-2182663
64800
783081
-4693
57356
47736
907896
107498
434330
166446
166513
1273674
1376411
-4694
0
1435426
1542924
0
0
0.35
0.35
138001
440437
214173
322
748200
2258953
1634662
551557
2036-12-31
2037-12-31
2038-12-31
2039-12-31
3319162
265533
44911724
44911724
4492
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 1 — NATURE OF OPERATIONS
AND GOING CONCERN</b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Zoompass Holdings,
Inc. formerly known as UVIC. Inc. ("Zoompass Holdings" or the "Company") was incorporated under the laws of
the State of Nevada on August 21, 2013. Effective August 22, 2016, the Company entered into an Agreement for the Exchange of Stock
(the "Agreement") with Zoompass, Inc., an Ontario, Canada corporation ("Zoompass").   Pursuant to
the Agreement, the Company agreed to issue 8,050,784 shares of its restricted common stock to Zoompass' shareholders ("Zoompass'
shareholders") in exchange for all the shares of Zoompass Inc. owned by the Zoompass Inc.'s Shareholders.  At the Closing
Date, Rob Lee, a significant shareholder of the Company agreed to cancel 7,000,000 shares of the Company's common stock, which
shares constituted the control shares of the Company.  Other than this one significant shareholder, shareholders of the Company
held 2,670,000 shares. As a result of the Agreement, Zoompass is now a wholly owned subsidiary of the Company.  The Company
has amended its Articles of Incorporation to change its name to Zoompass Holdings, Inc. and the appropriate forms were filed with
FINRA and the SEC to change its name, address and symbol and complete a 3.5-1 forward split, which was consented to by the majority
of shareholders on September 7, 2016 and approved in February 2017, for shareholders of record on September 7, 2016.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">All share figures
have been retroactively stated to reflect the stock split approved by shareholders, unless otherwise indicated.  Additionally,
the Company's shareholders consented to an increase of the shares authorized to 500,000,000 and a revision of the par value to
$0.0001.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">As the former Zoompass
shareholders ended up owning the majority of the Company, the transaction does not constitute a business combination and was deemed
to be a recapitalization of the Company with Zoompass being the accounting acquirer, accordingly the accounting and disclosure
information is that of Zoompass going forward.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Effective March 6,
2018 (the "Closing Date"), Zoompass Holdings, Inc.'s (the "Company") Canadian operating subsidiary, Zoompass,
Inc., entered into an Asset Purchase Agreement (the "Agreement") for the sale of its Prepaid Card Business ("Prepaid
Business") to Fintech Holdings North America Inc., or its designee. The aggregate purchase price of the Prepaid Business was
C$400,000. The transaction was completed on March 26, 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the first fiscal quarter of 2018, the
Company implemented a plan to abandon the mobility solution operation. The Company has determined that the mobility solution operation
represents a component and a reportable segment of the Company. According to the plan of abandonment, the Company gradually ceased
accepting any new business during first fiscal quarter of 2018 and settled all the remaining orders and obligations from mobility
solution by end of March 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On October 17, 2018,
the Company purchased certain business assets that represents a business from Virtublock Global Corp. (“Virtublock”,
“VGC”) in return the Company issued 44,911,724 shares to Virtublock and pursuant to the issuance of shares Virtublock
ended up owning 45% of total outstanding common shares of the Company.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">Zoompass Inc., was
incorporated under the laws of Ontario on June 8, 2016.  On October 17, 2018, pursuant to an asset purchase agreement with
Virtublock, certain net assets were acquired by the Company in exchange for shares of the Company.  The net assets primarily
consisted of certain technology IP related to cryptocurrency exchange/wallet, certain strategic partnerships and customer contracts.
On March 25, 2019, the name of the company was changed from Zoompass Inc. to Virtublock Canada Inc. (“VCI”).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On February 27, 2020,
the Company cancelled 44,911,724 shares of the common stock which were issued in connection with the asset purchase agreement dated
October 17, 2018 with Virtublock Global Corp. (note 3). Pursuant to a General Release agreement dated November 29, 2019, the asset
purchase agreement dated October 17, 2018 with Virtublock Global Corp. was deemed cancelled and each party acknowledged and agreed
that no party has or shall have any claim with respect to intellectual property, software or other assets owned by any other party
and that no agreements exist or remain unsatisfied with respect to the transfer of any asset from a releasing party to any other
party, and Virtublock Global Corp. assigned and tendered the 44,911,724 shares of common stock of the Company to the Company for
cancellation. As the share cancellation occurred on February 27, 2020, the accounting recognition of this transaction, consisting
of a transfer of $4,492 from common stock to additional paid-in capital and related reduction in the number of common shares outstanding,
will be reflected in the consolidated financial statements for the first quarter ended March 31, 2020.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is actively seeking opportunities
to enter into partnership or acquire third parties with existing revenue streams. The company is well positioned to achieve this
objective and will continue to pursue such opportunities going forward.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company will remain a Fintech company and
continue to develop and acquire software platforms and services to sell to customers globally with a focus on leading edge technologies
and software as a service.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has incurred recurring losses from
operations and as of December 31, 2019 had a net working capital deficiency and an accumulated deficit. The Company’s continued
existence is dependent upon its ability to continue to execute its operating plan and to obtain additional debt or equity financing.
These conditions raise substantial doubt about the Company’s ability to continue as a going concern. There can be no assurance
that the necessary debt or equity financing will be available, or will be available on terms acceptable to the Company, in which
case the Company may be unable to meet its obligations. Should the Company be unable to realize its assets and discharge its liabilities
in the normal course of business, the net realizable value of its assets may be materially less than the amounts recorded in the
consolidated financial statements. The consolidated financial statements do not include any adjustments relating to the recoverability
of recorded asset amounts that might be necessary should the Company be unable to continue in existence.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In January 2020, the Company completed a private
placement for the sale of non-registered shares of the Company's common stock. As a result of the private placement 3,030,300 non-registered
shares of the Company's common stock was issued for gross proceeds of $151,515. (note 14)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2020, the Company completed a private
placement for the sale of non-registered shares of the Company's common stock. As a result of the private placement 300,000 non-registered
shares of the Company's common stock will be issued for gross proceeds of $15,000. (note 14)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">T</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">There is no certainty
that the Company will be successful in generating sufficient cash flow from operations or achieving and maintaining profitable
operations in the future to enable it to meet its obligations as they come due and consequently continue as a going concern. The
Company will require additional financing in the future to fund its operations and it is currently working on securing this funding
through corporate collaborations, public or private equity offerings or debt financings. Issuance of additional equity securities
by the Company would result in the dilution of the interests of existing shareholders. There can be no assurance that financing
will be available when required.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company expects the forgoing, or a combination
thereof, to meet the Company's anticipated cash requirements for the next 12 months; however, these conditions raise substantial
doubt about the Company's ability to continue as a going concern.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">These consolidated financial statements have
been prepared on the basis that the Company will continue as a going concern, which presumes that it will be able to realize its
assets and discharge its liabilities in the normal course of business as they come due. These consolidated financial statements
do not reflect the adjustments to the carrying values of assets and liabilities and the reported expenses and consolidated balance
sheet classifications that would be necessary if the Company were unable to realize its assets and settle its liabilities as a
going concern in the normal course of operations. Such adjustments could be material.<i>  </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 2 — SIGNIFICANT ACCOUNTING POLICIES AND RECENT
ACCOUNTING PRONOUNCEMENTS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>SIGNIFICANT ACCOUNTING POLICIES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Basis of presentation</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The consolidated financial statements have
been prepared pursuant to the rules and regulations of the Securities and Exchange Commission, in accordance with accounting principles
generally accepted in the United States of America ("US GAAP"). The consolidated financial statements reflect all adjustments,
consisting of normal recurring adjustments, which, in the opinion of management, are necessary to present a fair statement of the
results for the period. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Basis of consolidation </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The consolidated financial statements comprise
the accounts of Zoompass Holdings, the legal parent company, and its wholly-owned subsidiaries, Virtublock Canada Inc. and Paymobile
Inc. (“Paymobile”), a company incorporated in Florida, USA, after the elimination of all intercompany balances and
transactions.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Subsidiaries are all entities (including special
purpose entities) over which the Company, either directly or indirectly, has the power to govern the financial and operating policies
generally accompanying a shareholding of more than one half of the voting rights. Where the group does not directly hold more than
one half of the voting rights, significant judgment is used to determine whether control exists. These significant judgments include
assessing whether the group can control the operating policies through the group's ability to appoint the majority of directors
to the board. The existence and effect of potential voting rights that are currently exercisable or convertible are considered
when assessing whether the group controls another entity. Subsidiaries are fully consolidated from the date on which control is
transferred to the group until the date on which control ceases.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The accounts of subsidiaries are prepared for
the same reporting period as the parent entity, using consistent accounting policies. Inter-company transactions, balances and
unrealised gains or losses on transactions between the entities are eliminated.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i> </i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Translation of foreign currencies</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The reporting and functional currency of the
Company and Paymobile is the US dollar. The Company has determined that the functional currency of VCI is the Canadian dollar.
(references to which are denoted "C$").</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Transactions in currencies other than the functional
currency are recorded at the rates of the exchange prevailing on dates of transactions. At each balance sheet reporting date, monetary
assets and liabilities that are denominated in foreign currencies are translated at the rates prevailing at each reporting date.
Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the exchange rate at the
historical date of the transaction.  The impact from the translation of foreign currency denominated items are reflected in
the statement of operations and comprehensive loss.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Translation of Zoompass' assets and liabilities
is done using the exchange rates at each balance sheet date; revenue and expenses are translated at average rates prevailing during
the reporting period or at the date of the transaction; shareholders' equity is translated at historical rates. Adjustments resulting
from translating the consolidated financial statements into the US Dollar are recorded as a separate component of accumulated
other comprehensive income in the statement of changes in stockholders’ deficiency.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Revenue recognition</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue is measured based on a consideration
specified in a contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes revenue when it satisfies
a performance obligation by transferring control over a product or service to a customer.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Taxes assessed by a governmental authority
that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a
customer, are excluded from revenue.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Shipping and handling costs associated with
outbound freight after control over a product has transferred to a customer are accounted for as a fulfillment cost and are in
included in cost of revenues.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a description of principal
activities – separated by reportable segments – from which the Company generates its revenue.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Prepaid cards:</b> The Company’s
revenues are primarily generated from financial service fees charged to cardholders and merchants accepting the cards for payment.
Revenue for prepaid financial services is generated from multiple sources including transaction fees, cardholder fees, load fees
and interchange fees. These fees are recognized on the transaction date. Funds received from customers are held in trust and the
corresponding amount of funds available for use are recorded as a liability. Fees charged for card program, website and card design
are recognized when services are performed or when the product is transferred to the customer. Other revenue represents gains realized
on de-recognition of clients' funds payable. The prepaid card business operation discontinued at end of March 2018. (note 4)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Mobility solution</b>: The Company
recognizes revenue in products revenue when a customer takes possession of the device. This usually occurs when the customer signs
a contract. For mobile devices, customers usually pay within company specified credit term which is within 12 months. The mobility
solution business operation discontinued at end of March 2018. (note 4)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Cryptocurrency platform</b>: The
company offers organizations the cryptocurrencies exchange & wallets platforms as a service in order to facilitate the exchange
of different cryptocurrencies to its end users. The revenue is mainly generated from the software customization services fees charged
to the organizations and transaction fees charged to the end users when using the exchange platform. The Company, for the years
ended December 31, 2019 and 2018, has not generated revenue from the Cryptocurrency platform.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The Company accounts for individual
products and services separately if they are distinct – i.e. if a product or service is separately identifiable from other
items in the bundled package and if a customer can benefit from it on its own or with other resources that are readily available
to the customer. The consideration (including any discounts) is allocated between separate products and services in a bundle based
on their stand-alone selling prices. The stand-alone selling prices are determined based on the prices at which the Company separately
provides prepaid cards related financial services and sells the mobile devices.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">Disaggregation of revenue, In the
following table, revenue is disaggregated by major product line and timing of revenue recognition. The table also includes a reconciliation
of the disaggregated revenue with the reportable and operating segments. Also see note 4.</p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"><font style="font-size: 10pt"><b>Reportable and operating segments</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1.5pt solid"> </td>
<td style="border-bottom: black 1.5pt solid"> </td>
<td colspan="11" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2019</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Prepaid Cards</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Mobility Solution</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Total</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Major products/services lines</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="width: 47%"><font style="font-size: 10pt">Gross prepaid card revenue (note 4)</font></td>
<td style="width: 4%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Commissions and agent fees (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility products revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Fees and other revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility product commissions (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Timing of revenue recognition</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Products transferred at a point in time (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
</table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"><font style="font-size: 10pt"><b>Reportable and operating segments</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1.5pt solid"> </td>
<td style="border-bottom: black 1.5pt solid"> </td>
<td colspan="11" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2018</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Prepaid Cards</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Mobility Solution</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Total</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Major products/services lines</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="width: 47%"><font style="font-size: 10pt">Gross prepaid card revenue (note 4)</font></td>
<td style="width: 4%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">97,861</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">—  </font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">97,861</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Commissions and agent fees (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">(26,338</font></td>
<td><font style="font-size: 10pt">)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">(26,338</font></td>
<td><font style="font-size: 10pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility products revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">323,074</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">323,074</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Fees and other revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility product commissions (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">40,350</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">40,350</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Timing of revenue recognition</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Products transferred at a point in time (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">  </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Financial instruments</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC Topic 820 defines fair value, establishes
a framework for measuring fair value, and expands disclosures about fair value measurements. Included in the ASC Topic 820 framework
is a three level valuation inputs hierarchy with Level 1 being inputs and transactions that can be effectively fully observed by
market participants spanning to Level 3 where estimates are unobservable by market participants outside of the Company and must
be estimated using assumptions developed by the Company. The Company discloses the lowest level input significant to each category
of asset or liability valued within the scope of ASC Topic 820 and the valuation method as exchange, income or use. The Company
uses inputs which are as observable as possible and the methods most applicable to the specific situation of each company or valued
item.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying amounts reported in the consolidated
balance sheets for cash and cash equivalents, cash in trust and customer deposits, accounts receivables and due from related party
corporations, net of any allowances for doubtful accounts, accounts payable and accrued liabilities, promissory note, due to related
party corporations, and client funds approximate fair value because of the short period of time between the origination of such
instruments and their expected realization. The allowance for doubtful accounts is reflected in "Office and Sundry" expenses
on the statement of operations and comprehensive loss.  Per ASC Topic 820 framework these are considered Level 2 inputs where
inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar
assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs
that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company's policy is to recognize transfers
into and out of Level 3 as of the date of the event or change in the circumstances that caused the transfer. There were no such
transfers during the year.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Basic and diluted loss per share</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Basic and diluted loss per share has been determined
by dividing the net loss available to shareholders for the applicable period by the basic and diluted weighted average number of
shares outstanding, respectively. The diluted weighted average number of shares outstanding is calculated as if all dilutive options
had been exercised or vested at the later of the beginning of the reporting period or date of grant, using the treasury stock method.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Loss per common share is computed by dividing
the net loss by the weighted average number of shares of common shares outstanding during the period. Common share equivalents,
options and warrants are excluded from the computation of diluted loss per share when their effect as anti-dilutive.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Segment reporting</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">ASC 280-10, "Disclosures about Segments
of an Enterprise and Related Information", establishes standards for the way that public business enterprises report information
about operating segments in the Company's consolidated financial statements. Operating segments are components of an enterprise
about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding
how to allocate resources and in assessing performance. Significantly all of the assets of the Company are located in, all revenues
are currently earned in Canada and the Company’s research, development and strategical planning operations are carried out
and served as an integral part of the Company’s business. The Company’s reportable segments and operating segments
include prepaid card operations, mobility solution operations, cryptocurrency platform operations and research, development and
strategical planning operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Cash and cash equivalents</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cash and cash equivalents include demand deposits
held with banks and highly liquid investments with original maturities of ninety days or less at acquisition date.  For purposes
of reporting cash flows, the Company considers all cash accounts that are not subject to withdrawal restrictions or penalties to
be cash and cash equivalents. Cash in trust and customer deposits are amounts held by the Company at various financial institutions
for settlement of clients' funds payable.  Client funds are amounts owing on behalf of clients for prepaid debit cards.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Equipment</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Equipment is stated at historic cost. The Company
has the following sub-categories of property and equipment with useful lives and depreciation methods as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="width: 1%"> </td>
<td style="width: 1%"><font style="font-size: 10pt"> •</font></td>
<td style="width: 98%; text-align: justify"><font style="font-size: 10pt">Computer equipment and furniture – 30% declining balance per year</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The cost of assets sold, retired, or otherwise
disposed of and the related accumulated depreciation are eliminated from the accounts. Expenditures for maintenance and repairs
are charged to expense as incurred.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The Company follows the ASC Topic
360, which requires that long-lived assets be reviewed annually for impairment whenever events or changes in circumstances indicate
that the assets' carrying amounts may not be recoverable.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">In performing the review for recoverability,
if future undiscounted cash flows (excluding interest charges) from the use and ultimate disposition of the assets are less than
their carrying values, an impairment loss represented by the difference between its fair value and carrying value, is recognized.
When properties are classified as held for sale they are recorded at the lower of the carrying amount or the expected sales price
less costs to sell.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Goodwill</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Goodwill represents the excess purchase price
over the estimated fair value of net assets acquired by the Company in business combinations. Business acquisitions are accounted
for using the acquisition method whereby acquired assets and liabilities are recorded at fair value as of the date of acquisition
with the excess of the acquisition amount over such fair value being recorded as goodwill and allocated to reporting units ("RU"). 
RUs are the smallest identifiable group of assets, liabilities and associated goodwill that generate cash inflows that are largely
independent of the cash inflows from other assets or groups of assets.  Given how the Company is structured and managed,
the Company has one RU.  Goodwill arises principally because of the following factors among other things: (1) the going concern
value of the Company's capacity to sustain and grow revenues through securing additional contracts and customers,; (2) the undeserved
market of consumers looking for financial transactional alternatives; (3) technological and mobile capabilities beyond acquired
lines of business to capture buyer specific synergies arising upon a transaction and (4) the requirement to record a deferred
tax liability for the difference between the assigned values and the tax bases of the assets acquired and liabilities assumed
in a business combination, if any.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Intangibles</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has applied the provisions of ASC
topic 350 – Intangibles – goodwill and other, in accounting for its intangible assets. Intangible assets subject to
amortization are amortized on a straight-line method on the basis over the useful life of the respective intangibles. The following
useful lives are used in the calculation of amortization:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Trademark – 7.25 years</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Acquired payment platform – 5 years</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Intellectual property/Technology – 7.25
years</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Impairment goodwill and indefinite-lived
intangible assets and intangible assets with definite lives</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for goodwill and intangible
assets in accordance with ASC No. 350, Intangibles-Goodwill and Other ("ASC 350"). ASC 350 requires that goodwill and
other intangibles with indefinite lives be tested for impairment annually or on an interim basis if events or circumstances indicate
that the fair value of an asset has decreased below its carrying value. In addition, ASC 350 requires that goodwill be tested
for impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and
between annual tests when circumstances indicate that the recoverability of the carrying amount of goodwill may be in doubt. Application
of the goodwill impairment test requires judgment, including the identification of reporting units; assigning assets and liabilities
to reporting units, assigning goodwill to reporting units, and determining the fair value. Significant judgments required to estimate
the fair value of reporting units include estimating future cash flows, determining appropriate discount rates and other assumptions.
Changes in these estimates and assumptions or the occurrence of one or more confirming events in future periods could cause the
actual results or outcomes to materially differ from such estimates and could also affect the determination of fair value and/or
goodwill impairment at future reporting dates.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The Company assesses the carrying
value of goodwill, indefinite-lived intangible assets and intangible assets with definite lives, such as Trademark, Technology
platform, customer base and other intangible assets for potential impairment annually as of December 31, or more frequently if
events or changes in circumstances indicate such assets might be impaired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">When assessing goodwill for impairment the
Company elects to first perform a qualitative assessment for a reporting unit to determine if the quantitative impairment test
is necessary. If we do not perform a qualitative assessment, or if the qualitative assessment indicates it is more likely than
not that the fair value of the reporting units, is less than its carrying amount, the Company performs a quantitative test. The
Company recognizes an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value;
however, the loss recognized would not exceed the total amount of goodwill allocated to that reporting unit. The Company estimates
fair value using the income approach, to estimate the future undiscounted cash flows (excluding interest charges) from the use
and ultimate disposition of the assets. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Income taxes</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Deferred tax is recognized using the asset
and liability method, on temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes
and the amounts used for tax purposes. However, the deferred tax is not recognized if it arises from initial recognition of an
asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss. Deferred taxes determined using tax rates (and laws) that have been enacted by the reporting date and
are expected to apply when the related deferred taxation asset is realized, or the deferred taxation liability is settled. Deferred
tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and
they relate to income taxes levied by the same tax authority on the same taxable entity, or on different tax entities, but they
intend to settle current tax liabilities and assets on a net basis or their tax assets and liabilities will be realized simultaneously.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A deferred tax asset is recognized to the extent
that it is probable that future taxable profits will be available against which the temporary difference can be utilized. Deferred
tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax
benefit will be realized.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Share-based payment expense</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company follows the fair value method of
accounting for stock awards granted to employees, directors, officers and consultants. Share-based awards to employees are measured
at the fair value of the related share-based awards. Share-based payments to others are valued based on the related services rendered
or goods received or if this cannot be reliably measured, on the fair value of the instruments issued. Issuances of shares are
valued using the fair value of the shares at the time of grant; issuances of warrants and other share-based awards are valued using
the Black-Scholes model with assumptions based on historical experience and future expectations. All issuances of share-based payments
have been fully-vested, otherwise the Company recognizes such awards over the vesting period based on expectations of the number
of awards expected to vest over that period on a straight-line basis.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Business combinations</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A business combination is a transaction or
other event in which control over one or more businesses is obtained. A business is an integrated set of activities and assets
that is capable of being conducted and managed for the purpose of providing a return in the form of dividends, lower costs or other
economic benefits. A business consists of inputs and processes applied to those inputs that have the ability to create outputs
that provide a return to the Company and its shareholders. A business need not include all of the inputs and processes that were
used by the acquiree to produce outputs if the business can be integrated with the inputs and processes of the Company to continue
to produce outputs. The Company considers several factors to determine whether the set of activities and assets is a business.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Business acquisitions are accounted for using
the acquisition method whereby acquired assets and liabilities are recorded at fair value as of the date of acquisition with the
excess of the purchase consideration over such fair value being recorded as goodwill and allocated to reporting units (“RUs”).
If the fair value of the net assets acquired exceeds the purchase consideration, the difference is recognized immediately as a
gain in the consolidated statement of operations. Acquisition related costs are expensed during the period in which they are incurred,
except for the cost of debt or equity instruments issued in relation to the acquisition which is included in the carrying amount
of the related instrument. Certain fair values may be estimated at the acquisition date pending confirmation or completion of
the valuation process. Where provisional values are used in accounting for a business combination, they are adjusted retrospectively
in subsequent periods. However, the measurement period will not exceed one year from the acquisition date. If the assets acquired
are not a business, the transaction is accounted for as an asset acquisition.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>Assets and disposal groups held for sale and discontinued
operations</b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Assets and disposal groups (assets and
liabilities relating to an activity that is to be sold or abandoned) are classified as ‘held for sale’ if their carrying
amount is to be recovered principally through a sales transaction rather than through continuing use. The reclassification takes
place when the assets are available for immediate sale and the sale is highly probable. These conditions are usually met as from
the date on which agreement to sell is ready for signing or an abandonment plan starts to implement. Assets held for sale and disposal
groups are measured at the lower of carrying amount and fair value less costs to sell. Assets held for sale are not depreciated
or amortized.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Discontinued operations comprise those
activities that were disposed of either via sales or abandonment during the period or which were classified as held for sale at
the end of the period, and represent a separate major line of business or geographical area that can be clearly distinguished for
operational and financial reporting purposes.<b> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b>Leases</b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2019, the Company adopted
Accounting Standards Codification Topic 842, “Leases” (“ASC 842”) to replace existing lease accounting
guidance. This pronouncement is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use
assets and corresponding lease liabilities on the balance sheet for most leases. Expenses associated with leases will continue
to be recognized in a manner similar to previous accounting guidance. The Company adopted ASC 842 utilizing the transition practical
expedient added by the Financial Accounting Standards Board (“FASB”), which eliminates the requirement that entities
apply the new lease standard to the comparative periods presented in the year of adoption.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company is the lessee in a lease contract
when the Company obtains the right to use the asset. Operating leases are included in the line items right-of-use asset, lease
obligation, current, and lease obligation, long-term in the consolidated balance sheet. Right-of-use (“ROU”) asset
represents the Company’s right to use an underlying asset for the lease term and lease obligations represent the Company’s
obligations to make lease payments arising from the lease, both of which are recognized based on the present value of the future
minimum lease payments over the lease term at the commencement date. Leases with a lease term of 12 months or less at inception
are not recorded on the consolidated balance sheet and are expensed on a straight-line basis over the lease term in our consolidated
statement of income. The Company determines the lease term by agreement with lessor.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As our current operating lease of office
space, at the commencement, has a term of less than 12 months, we elect not to apply the recognition requirements of ASC 842 to
the short-term lease, instead lease payments are recognized in statement of operations on a straight-line basis over the lease
term.</p>
<p style="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Use of estimates</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of the consolidated financial
statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The areas where management has made significant
judgments include, but are not limited to:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accounting for acquisitions: The accounting
for acquisitions requires judgement to determine if an acquisition meets the definition of a business combination under ASC 805. 
Further, management is required to use judgement to determine the fair value of the consideration provided and the net assets and
liabilities acquired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Assessment of Impairment: The Company has certain
assets for which a determination of an impairment, if any, requires significant judgement to determine if the carrying amount of
any assets are impaired.  Management uses judgement in determining among other things, whether or not an indicator of impairment
has occurred, future cash flows, time horizons, and likelihood of recoverability.  The assets where management has assessed
the recoverability the carrying amount includes accounts receivable, equipment, intangibles and goodwill.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Going concern assessment: As disclosed in Note
1.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Deferred taxes: The Company recognizes the
deferred tax benefit related to deferred income tax assets to the extent recovery is probable.  Assessing the recoverability
of deferred income tax assets requires management to make significant estimates of future taxable profit and the income tax rate
at which the future tax assets will be realized.  To the extent that future cash flows, taxable profit and income tax rates
differ significantly from estimates, the ability of the Company to realize deferred tax assets could be impacted.  In addition,
future changes in tax laws could limit the ability of the Company to obtain tax deductions in future periods from deferred income
tax assets.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Share-based payment expense<b><i>: </i></b>The
calculation of share-based payment expense requires management to use significant judgment in determining the fair value of share-based
payment expense. Additionally, the management is required to make certain assumptions in arriving at the fair value of share-based
payment expense.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Derivative financial instruments: The Company
does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reviews the terms of equity instruments
and other financing arrangements, if any, to determine whether there are embedded derivative instruments, including embedded conversion
options that are required to be bifurcated and accounted for separately as a derivative financial instrument. Also, in connection
with the issuance of financing instruments, the Company may issue freestanding options or warrants to employees and non-employees
in connection with consulting or other services. These options or warrants may, depending on their terms, be accounted for as
derivative instrument liabilities, rather than as equity.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NEWLY ADOPTED AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In December 2019, the FASB issued ASU 2019-12,
Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The new rules reduce complexity by removing specific exceptions
to general income tax accounting methodology including an exception for interim periods showing operating losses in excess of anticipated
operating losses for the year. The new rules will be effective for us in the first quarter of 2021. We are currently evaluating
the impact this guidance may have on our consolidated financial statements and related disclosures.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2020, the FASB issued ASU No. 2020-04,
Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides
optional expedients and exceptions for applying generally accepted accounting principles (GAAP) to contracts, hedging relationships,
and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging
relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference
rate reform. The amendments are effective for all entities as of March 12, 2020 through December 31, 2022. We are currently evaluating
the impact this guidance may have on our consolidated financial statements and related disclosures.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June 2018, the FASB issued an accounting
pronouncement (FASB ASU 2018-07) to expand the scope of ASC Topic 718, Compensation - Stock Compensation, to include share-based
payment transactions for acquiring goods and services from nonemployees. The pronouncement is effective for fiscal years, and for
interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. The Company adopted
this pronouncement and such adoption did not have a material impact on our financial position and/or results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2018, the Company adopted the
accounting pronouncement issued by the Financial Accounting Standards Board (“FASB”) Accounting Standards Update No.
2014-09 (“ASU”), Revenue from Contracts with Customers (Topic 606) to clarify existing guidance on revenue recognition.
This guidance includes the required steps to achieve the core principle that a company should recognize revenue when it transfers
promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled
in exchange for those goods or services. The Company adopted this pronouncement on a modified retrospective and such adoption did
not have a material impact on our financial position and/or results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2018, the Company adopted the
accounting pronouncement issued by the FASB to clarify how entities should present restricted cash and restricted cash equivalents
in the statement of cash flows. This guidance requires entities to show changes in the total of cash, cash equivalents and restricted
cash in the combined statement of cash flows. This guidance was adopted on a retrospective basis, and such adoption did not have
a material impact on combined financial position and/or results of operations.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>On January 1, 2019, the Company adopted
Accounting Standards Codification Topic 842, “Leases” (“ASC 842”) to replace existing lease accounting
guidance. This pronouncement is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use
assets and corresponding lease liabilities on the balance sheet for most leases. Expenses associated with leases will continue
to be recognized in a manner similar to previous accounting guidance. The Company adopted ASC 842 utilizing the transition practical
expedient added by the Financial Accounting Standards Board (“FASB”), which eliminates the requirement that entities
apply the new lease standard to the comparative periods presented in the year of adoption. The Company is the lessee in a lease
contract when the Company obtains the right to use the asset. Operating leases are included in the line items right-of-use asset,
lease obligation, current, and lease obligation, long-term in the consolidated balance sheet. Right-of-use (“ROU”)
asset represents the Company’s right to use an underlying asset for the lease term and lease obligations represent the Company’s
obligations to make lease payments arising from the lease, both of which are recognized based on the present value of the future
minimum lease payments over the lease term at the commencement date. Leases with a lease term of 12 months or less at inception
are not recorded on the consolidated balance sheet and are expensed on a straight-line basis over the lease term in our consolidated
statement of income. The Company determines the lease term by agreement with lessor. As our current operating lease of office
space, at the commencement, has a term of less than 12 months, we elect not to apply the recognition requirements of ASC 842 to
the short-term lease, instead lease payments are recognized in statement of operations on a straight-line basis over the lease
term.</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">NEWLY ADOPTED AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In December 2019, the FASB issued ASU 2019-12,
Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The new rules reduce complexity by removing specific exceptions
to general income tax accounting methodology including an exception for interim periods showing operating losses in excess of anticipated
operating losses for the year. The new rules will be effective for us in the first quarter of 2021. We are currently evaluating
the impact this guidance may have on our consolidated financial statements and related disclosures.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In March 2020, the FASB issued ASU No. 2020-04,
Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which provides
optional expedients and exceptions for applying generally accepted accounting principles (GAAP) to contracts, hedging relationships,
and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging
relationships, and other transactions that reference LIBOR or another reference rate expected to be discontinued because of reference
rate reform. The amendments are effective for all entities as of March 12, 2020 through December 31, 2022. We are currently evaluating
the impact this guidance may have on our consolidated financial statements and related disclosures.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June 2018, the FASB issued an accounting
pronouncement (FASB ASU 2018-07) to expand the scope of ASC Topic 718, Compensation - Stock Compensation, to include share-based
payment transactions for acquiring goods and services from nonemployees. The pronouncement is effective for fiscal years, and for
interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. The Company adopted
this pronouncement and such adoption did not have a material impact on our financial position and/or results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2018, the Company adopted the
accounting pronouncement issued by the Financial Accounting Standards Board (“FASB”) Accounting Standards Update No.
2014-09 (“ASU”), Revenue from Contracts with Customers (Topic 606) to clarify existing guidance on revenue recognition.
This guidance includes the required steps to achieve the core principle that a company should recognize revenue when it transfers
promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled
in exchange for those goods or services. The Company adopted this pronouncement on a modified retrospective and such adoption did
not have a material impact on our financial position and/or results of operations.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On January 1, 2018, the Company adopted the
accounting pronouncement issued by the FASB to clarify how entities should present restricted cash and restricted cash equivalents
in the statement of cash flows. This guidance requires entities to show changes in the total of cash, cash equivalents and restricted
cash in the combined statement of cash flows. This guidance was adopted on a retrospective basis, and such adoption did not have
a material impact on combined financial position and/or results of operations.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>On January 1, 2019, the Company adopted
Accounting Standards Codification Topic 842, “Leases” (“ASC 842”) to replace existing lease accounting
guidance. This pronouncement is intended to provide enhanced transparency and comparability by requiring lessees to record right-of-use
assets and corresponding lease liabilities on the balance sheet for most leases. Expenses associated with leases will continue
to be recognized in a manner similar to previous accounting guidance. The Company adopted ASC 842 utilizing the transition practical
expedient added by the Financial Accounting Standards Board (“FASB”), which eliminates the requirement that entities
apply the new lease standard to the comparative periods presented in the year of adoption. The Company is the lessee in a lease
contract when the Company obtains the right to use the asset. Operating leases are included in the line items right-of-use asset,
lease obligation, current, and lease obligation, long-term in the consolidated balance sheet. Right-of-use (“ROU”)
asset represents the Company’s right to use an underlying asset for the lease term and lease obligations represent the Company’s
obligations to make lease payments arising from the lease, both of which are recognized based on the present value of the future
minimum lease payments over the lease term at the commencement date. Leases with a lease term of 12 months or less at inception
are not recorded on the consolidated balance sheet and are expensed on a straight-line basis over the lease term in our consolidated
statement of income. The Company determines the lease term by agreement with lessor. As our current operating lease of office
space, at the commencement, has a term of less than 12 months, we elect not to apply the recognition requirements of ASC 842 to
the short-term lease, instead lease payments are recognized in statement of operations on a straight-line basis over the lease
term.</i></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 5 – EQUIPMENT</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid">Cost</td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Computer equipment</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Furniture</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Total</b></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 55%">Balance at December 31, 2017</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">66,005</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">2,497</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">68,502</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(64,207</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(2,429</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(66,636</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1798</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(68</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,866</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Addition</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Computer equipment</b></font></td><td style="vertical-align: bottom; padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"> </td>
<td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"> </td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Furniture</b></font></td><td style="vertical-align: bottom; padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"> </td>
<td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"> </td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td><td style="vertical-align: bottom; padding-bottom: 1pt; text-align: center"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at December 31, 2017$</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(26,732</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(699</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(27,431</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">26,022</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">681</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">26,703</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">710</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">18</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">728</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Addition</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Balance at December 31, 2018 (note 4)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at December 31, 2019</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr></table>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b>NOTE 6 – INTANGIBLE ASSETS AND GOODWILL</b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b>Intangible assets</b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b></b></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td><b>Cost</b></td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="text-align: center"><b>Trademark/</b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3" style="text-align: center"><b>Technology</b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3" style="text-align: center"><b>Customer</b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3"></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><b> </b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Trade name</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>platform/ IP</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>base</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="text-align: center; vertical-align: bottom"><b>Total</b></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 40%; padding-bottom: 1pt">Balance at December 31, 2017</td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">168,620</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">239,649</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">-</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">408,269</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Additions</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">6,600</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">11,200</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">17,800</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(164,145</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(230,626</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(394,771</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(4,475</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,023</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(13,498</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">6,600</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">11,200</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">17,800</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Additions</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">6,600</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">11,200</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">17,800</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Accumulated Amortization</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b>Trademark/</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b>Technology</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="text-align: left"> </td><td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Customer</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="text-align: left"> </td><td style="text-align: right">  <b>Total</b> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="vertical-align: bottom; text-align: left; padding-bottom: 1pt">Trade name</td><td style="padding-bottom: 1pt"><b> </b></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><b> </b></td><td style="border-bottom: Black 1pt solid; text-align: right"><b>Trade
name</b></td><td style="padding-bottom: 1pt; text-align: left"><b> </b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><b> </b></td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>platform/
IP</b></td><td style="padding-bottom: 1pt; text-align: left"><b> </b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><b> </b></td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>base</b></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b></b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2017</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(168,620</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(24,677</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(193,297</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Amortization</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">0</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">164,145</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">23,437</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">187,582</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,475</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,240</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,715</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Amortization</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Balance at Dec 31, 2018 before impairment</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">6,600</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">11,200</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">17,800</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Impairment in 2018</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(6,600</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(11,200</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(17,800</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at December 31, 2018</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Balance at December 31, 2019</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Goodwill</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b>Total</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at January 1, 2018</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Acquisition (Note 3)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">3,440,403</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Impairment (Note 3)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(3,440,403</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Acquisition</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 10 – SHARE-BASED PAYMENTS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During January and April 2019, the Company
issued 1,500,000 common shares of the company to an arm’s length third party as compensation for services rendered. The fair
value was determined as $227,000 by using the market price of the common stock as at the date of issuance. (note 9, note 11)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the year ended December 31, 2018, in
April 2018, the Company issued 2,500,000 common shares of the company to certain parties including management. The fair value was
determined as $337,250 by using the market price of the common stock as at the date of issuance. (note 9, note 11).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 13, 2018, the Board of Directors
and stockholders, respectively, approved a Stock Incentive Plan (the "Plan").  Awards granted under the plan are
up to a maximum of 20,000,000 which can be issued in the form of an Option, Deferred Stock Unit, Dividend Equivalent Right, Deferred
Stock, or other right or benefit under the Plan and can be issued to officers, directors, employees and consultants and any individual
awardee would be subject to certain maximum grants under the plan.  Awards granted would be subject to certain conditions,
such as vesting, which is determined by the Board of Directors.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 14, 2018, the Company issued 5,400,000
common stock purchase options at an exercise price of C$0.10 to directors, officers, employees and consultants of the Company.
These options vested immediately and are exercisable for five years from the grant date. The 5,400,000 stock purchase options were
assigned a fair value of $313,504 using the Black-Scholes pricing model. The following assumptions were used: Risk free interest
rate of – 2.00; expected volatility of 108%, based on comparable companies; expected dividend yield – nil; expected
life of 5 years. During year ended December 31, 2019, the Company cancelled those common stock purchase options.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 31, 2017, the Company amended the
expiry date of 600,000 warrants, extending them to October 31, 2018, all other terms remained unchanged. These warrants expired
on October 31, 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 1, 2016, the Company issued 1,480,000
common stock purchase options at an exercise price of C$1.50 to directors, officers, employees and consultants of the Company.
562,500 of these options with a fair value of $493,080 vested immediately and are exercisable for five years from the grant date.
917,500 of the options were exercisable for five years from the grant date at an exercise price of C$1.50 and would vest ratably
over a three-year period from the date of grant. Subsequent to the Company’s discontinuation of the two businesses (note
4) during year 2018, employment and services of certain Directors, Officers, Employees and Consultants were terminated, and those
stock options vested on December 31, 2016 were expired during year 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 1, 2016, the Company issued 460,000
deferred stock units to directors, officers, employees and consultants of the Company and have a life of five years from date of
grant.  187,500 of those options with a fair value of $210,961 vested immediately and may be exercised by the recipient. 
Settlement of the deferred stock unit may be in cash or common stock of the Company at the option of the Company and the remaining
272,500 options would vest ratably over a 36 month period from the grant date. Subsequent to the Company’s discontinuation
of the two businesses (note 4) during year 2018, employment and services of certain Directors, Officers, Employees and Consultants
were terminated, and those stock options vested on December 31, 2016 were expired during year 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The awards during the year ended December 31,
2019 and 2018, consisted of common stock, stock options and deferred stock units, which were granted to Directors, Officers, Employees
and Consultants and is noted in the table below.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The components of share-based payments expense (stock options and
warrants) are detailed in the table below.<b><i>  </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: top; width: 30%"> </td>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 14%; text-align: center"><font style="font-size: 7pt"><b>Date of grant</b></font></td>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 14%; text-align: center"><font style="font-size: 7pt"><b>Contractual life</b></font></td>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Number</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Exercise </b><br />
<b>price (C$)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 6%; text-align: center"><font style="font-size: 7pt"><b>Year ended</b><br />
<b> December 31, 2019 ($)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 6%; text-align: center"><font style="font-size: 7pt"><b>Year ended</b><br />
<b> December 31, 2018 ($)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 3%; text-align: center"><font style="font-size: 7pt"><b>Share price (C$)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 2%; text-align: center"><font style="font-size: 7pt"><b>Risk-free rate</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Volatility</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Dividend yield</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Expected life (years)</b></font></td></tr>
<tr style="vertical-align: top; background-color: white">
<td style="white-space: nowrap"><font style="font-size: 7pt">Deferred stock unit grant</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2016</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2021</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">917,500</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1.50</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">155,377</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1.50</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">108%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">Nil</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">4</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"><font style="font-size: 7pt">Deferred stock unit grant</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2016</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2021</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">272,500</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">57,193</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1.50</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">108%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">Nil</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">4</font></td></tr>
<tr style="background-color: white">
<td style="white-space: nowrap; vertical-align: bottom"><font style="font-size: 7pt">Warrant amendment</font></td>
<td style="white-space: nowrap; vertical-align: top"><font style="font-size: 7pt">August 31, 2017</font></td>
<td style="white-space: nowrap; vertical-align: top"><font style="font-size: 7pt">October 31, 2018</font></td>
<td style="white-space: nowrap; vertical-align: top"> </td>
<td style="white-space: nowrap; vertical-align: top"> </td>
<td style="white-space: nowrap; vertical-align: top; text-align: right"> </td>
<td style="white-space: nowrap; vertical-align: top; text-align: right"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"><font style="font-size: 7pt">Share issued for services</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">April 14, 2018</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">2,500,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">337,250</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.14</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: white">
<td style="white-space: nowrap"><font style="font-size: 7pt">Fully vested option grant</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 14, 2018</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 31, 2023</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">5,400,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.10</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">313,504</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.056</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">2%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">108%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">Nil</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">4</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"><font style="font-size: 7pt">Share issued for services</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">January 20, 2019</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1,000,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">177,000</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.177</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: white">
<td style="white-space: nowrap"><font style="font-size: 7pt">Share issued for services</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">April 20, 2019</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">500,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">50,000</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.10</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; white-space: nowrap; text-align: right"><font style="font-size: 7pt"><b>$227,000</b></font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; white-space: nowrap; text-align: right"><font style="font-size: 7pt"><b>$863,324</b></font></td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b>For year ended December
31, 2018 the Company had the following stock options and deferred stock units.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1pt solid; width: 18%; text-align: center"><font style="font-size: 10pt"><b>Award</b></font></td>
<td style="border-bottom: black 1pt solid; width: 16%; text-align: center"><font style="font-size: 10pt"><b>Fair Value</b></font></td>
<td style="border-bottom: black 1pt solid; width: 10%; text-align: center"><font style="font-size: 10pt"><b>Contractual Life (years)</b></font></td>
<td style="border-bottom: black 1pt solid; width: 8%; text-align: center"><font style="font-size: 10pt"><b>Units</b></font></td>
<td style="border-bottom: black 1pt solid; width: 27%; text-align: center"><font style="font-size: 10pt"><b>Number of units vested</b></font></td>
<td style="border-bottom: black 1pt solid; width: 21%; text-align: center"><font style="font-size: 10pt"><b>Weighted Average Exercise Price (C$)</b></font></td></tr>
<tr>
<td><font style="font-size: 10pt">Options</font></td>
<td style="text-align: right"><font style="font-size: 10pt">493,080</font></td>
<td style="text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">562,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">562,500</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">0.50</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Fully vested options</font></td>
<td style="text-align: right"><font style="font-size: 10pt">210,961</font></td>
<td style="text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">187,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">187,500</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Deferred stock units</font></td>
<td style="text-align: right"><font style="font-size: 10pt">304,405</font></td>
<td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">272,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">107,319</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Deferred stock units</font></td>
<td style="text-align: right"><font style="font-size: 10pt">798,517</font></td>
<td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt">*</font></td>
<td style="text-align: right"><font style="font-size: 10pt">917,500</font></td>
<td style="text-align: right"><font style="font-size: 10pt">367,164</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">0.50</font></td></tr>
<tr>
<td><font style="font-size: 10pt">Options</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="text-align: center"><font style="font-size: 10pt">-</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="vertical-align: bottom; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
<tr style="background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"><font style="font-size: 10pt">Total</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">1,806,963</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">1,940,000</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">1,224,483</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> *Subsequent to the Company’s discontinuation
of the two businesses (note 4) during year 2018, employment and services of certain Directors, Officers, Employees and Consultants
were terminated. Those stock options and deferred option units from 2016 were expired during 2018.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 11 – RELATED PARTY TRANSACTIONS
AND BALANCES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">During 2016, the Company paid an
advance on behalf of certain shareholders in the amount of $250,000. These shareholders also serve as directors and officers of
the Company. $120,000 was returned by December 31, 2016, and $50,000 was returned during the year ended December 31, 2017. The
amount reflected in prepaids and other current assets as at December 31, 2019 was $Nil after a 100% provision (December 31, 2018
- $$Nil).</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify">During 2018, the Company made advance
to tw corporations controlled by the former Chief Executive Officer in the amount of $201,711 in the normal course of operations.
At December 31, 2018, the Company assessed this amount for impairment and recorded an impairment loss for the full amount under
Office and sundry expenses. During 2019, $163,872 of the impaired amount was recovered and recorded as reversal of impairment
under Office and sundry expenses.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The balances of due to related party
corporations at December 31, 2019 represent advances from related party corporations which is non-interest bearing, non-secured
and due on demand.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The total amount owing to the former
directors and officers of the Company and corporations controlled by the former directors and officers, in relation to the services
they provided to the Company in their capacity as Officers and service provider at December 31, 2019 was $319,969 (December 31,
2018 - $337,762) which includes expense reimbursements. This amount is reflected in accounts payable and is further described below.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">As at December 31, 2019, the Company
had an amount owing to an entity owned and controlled by the former Chief Executive Officer of the Company of $265,533 (December
31, 2018 - $265,533). The amount owing relates to services provided by the then Chief Executive Officer and expense reimbursements.
(note 14)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">As at December 31, 2019, the Company
had an amount owing to an entity owned and controlled by the former Chief Executive Officer of the Company of $nil (December 31,
2018 - $14,861). The amount owing relates to services provided by the then Chief Executive Officers and expense reimbursements.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">As at December 31, 2019, the Company
had an amount owing to an entity owned and controlled by the former Secretary of the Company of $54,436 (December 31, 2018 - $54,436).
The amount owing relates to services provided by the then Secretary and expense reimbursements.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">As at December 31, 2019, the Company
had an amount owing to the former Chief Financial Officer of the Company of Nil (December 31, 2018 - $2,932). The amount owing
relates to services provided by the then Chief Financial Officer.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">No amount was recorded in 2019 for
share based payments to directors and officers of the company. A total of $863,324 (Issuance of shares for service – 337,250,
stock options expenses - $313,504, deferred stock options expenses - $212,570) was recognized during 2018 for share-based payments
expense to directors and officers of the Company.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">As at December 31, 2019 and December
31, 2018, the amounts owing to officers of the Company are recorded in accounts payable and accrued liabilities.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 13 – COMMITMENTS AND CONTINGENCIES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Commitment</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">There were no commitments
as of December 31, 2019. At December 31, 2018, the Company sub-leased office space under a contract which ran to October 31, 2019.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Contingencies</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the year ended December 31, 2017, the
Company learned that a class action complaint (the “Class Action Complaint”) had been filed against the Company, its
Chief Executive Officer and its Chief Financial Officer in the United States District Court for the District of New Jersey. 
The Class Action Complaint alleges, inter alia, that defendants violated the federal securities laws by, among other things, failing
to disclose that the Company was engaged in an unlawful scheme to promote its stock.  The Company has been served with the
Class Action Complaint.  The Company has analyzed the Class Action Complaint and, based on that analysis, has concluded that
it is legally deficient and otherwise without merit.  The Company intends to vigorously defend against these claims.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Also during the year ended December 31, 2017,
the Company learned that two derivative complaints (the “Derivative Complaints”) on behalf of the Company have been
filed against the Company’s Directors and Chief Executive Officer, President, Corporate Secretary, and Chief Financial Officer,
and nominally against the Company, in Nevada state and federal court.  The state court action subsequently was removed to
federal court.  The Derivative Complaints allege, inter alia, that the Company’s officers and directors directed the
Company to undertake an unlawful scheme to promote its stock.  The Company has been served with the Derivative Complaints. 
The Company has analyzed them and, based on its analysis, has concluded that the Derivative Complaints are legally deficient and
otherwise without merit.  The Company intends to vigorously defend against these claims.   </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 7, 2018, the United States District
Court for the District of New Jersey dismissed the Class Action Complaint.  Additionally, subsequent to the year end on August
21, 2018, the Company was served with the Second Amended Complaint in the District of New Jersey.  The Company filed a motion
to dismiss the Second Amended Complaint on September 18, 2018.  On January 23, 2019, the United States District Court for
the District of New Jersey dismissed the Second Amended Complaint with prejudice.  Plaintiff filed a motion for reconsideration
of the dismissal order on February 7, 2019.  On May 14, 2019, the Plaintiff’s motion to reconsider was denied. On June
27, 2019, the plaintiffs filed an appeal with United States Court of Appeals for the Third Circuit. On March 12, 2020, the United
States Court of Appeal for the Third Circuit dismissed the Third appeal. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company was also served with a third derivative
action, which was filed March 23, 2018, against the Company’s Directors and Chief Executive Officer, President, and Corporate
Secretary, and nominally against the Company, in Nevada state court.  Subsequently, this case was removed to federal court.<b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 14 – SUBSEQUENT EVENTS</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">The Company’s
management has evaluated subsequent events up to April 9, 2020, the date the consolidated financial statements were issued, pursuant
to the requirements of ASC 855 and has determined the following material subsequent events:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In January 2020, the
Company issued 757,575 non-registered shares of the Company's common stock. The net proceeds in amount of $34,091 was received
in December 31, 2019. (note 9)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In January 2020, the
Company completed a private placement for the sale of non-registered shares of the Company's common stock. As a result of the private
placement 3,030,300 non-registered shares of the Company's common stock was issued for gross proceeds of $151,515.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In January 2020, the
Company issued 3,319,162 shares of the common stock to settle a debt owed by the company in amount $265,533. The $265,533 debt
was owed to a corporation controlled by a former Chief Executive Officer of the company. The fair value of these shares was determined
by using the market price of the common stock as at the date of issuance. (note 11)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">On February 27, 2020,
the Company cancelled 44,911,724 shares of the common stock which were issued in connection with the asset purchase agreement dated
October 17, 2018 with Virtublock Global Corp. (note 3). Pursuant to a General Release agreement dated November 29, 2019, the asset
purchase agreement dated October 17, 2018 with Virtublock Global Corp. was deemed cancelled and each party acknowledged and agreed
that no party has or shall have any claim with respect to intellectual property, software or other assets owned by any other party
and that no agreements exist or remain unsatisfied with respect to the transfer of any asset from a releasing party to any other
party, and Virtublock Global Corp. assigned and tendered the 44,911,724 shares of common stock of the Company to the Company for
cancellation. As the share cancellation occurred on February 27, 2020, the accounting recognition of this transaction, consisting
of a transfer of $4,492 from common stock to additional paid-in capital and related reduction in the number of common shares outstanding,
will be reflected in the consolidated financial statements for the first quarter ended March 31, 2020.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In March 2020, the
company issued 1,160,000 shares of the common stock to as compensation for services rendered. The fair value of these shares was
determined by using the market price of the common stock as at the date of issuance.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">In March 2020, the
Company completed a private placement for the sale of non-registered shares of the Company's common stock. As a result of the private
placement 300,000 non-registered shares of the Company's common stock will be issued for gross proceeds of $15,000.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0; background-color: white">Beginning
in March 2020, the Governments of Canada and the United States, as well as other foreign governments instituted emergency measures
as a result of the COVID-19 virus outbreak. The virus has had a major impact on North America and international securities, currency
markets and consumer activity which may impact the Company's financial position, its results of future operations and its future
cash flows significantly. Given the daily evolution of the COVID-19 outbreak and the global responses to curb its spread, the Company
is not able to estimate the effects of the COVID-19 outbreak on its results of future operations, financial position, and liquidity
in fiscal year 2020.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Revenue recognition</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Revenue is measured based on a consideration
specified in a contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company recognizes revenue when it satisfies
a performance obligation by transferring control over a product or service to a customer.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Taxes assessed by a governmental authority
that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a
customer, are excluded from revenue.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Shipping and handling costs associated with
outbound freight after control over a product has transferred to a customer are accounted for as a fulfillment cost and are in
included in cost of revenues.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a description of principal
activities – separated by reportable segments – from which the Company generates its revenue.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Prepaid cards:</b> The Company’s
revenues are primarily generated from financial service fees charged to cardholders and merchants accepting the cards for payment.
Revenue for prepaid financial services is generated from multiple sources including transaction fees, cardholder fees, load fees
and interchange fees. These fees are recognized on the transaction date. Funds received from customers are held in trust and the
corresponding amount of funds available for use are recorded as a liability. Fees charged for card program, website and card design
are recognized when services are performed or when the product is transferred to the customer. Other revenue represents gains realized
on de-recognition of clients' funds payable. The prepaid card business operation discontinued at end of March 2018. (note 4)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Mobility solution</b>: The Company
recognizes revenue in products revenue when a customer takes possession of the device. This usually occurs when the customer signs
a contract. For mobile devices, customers usually pay within company specified credit term which is within 12 months. The mobility
solution business operation discontinued at end of March 2018. (note 4)</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify"><b>Cryptocurrency platform</b>: The
company offers organizations the cryptocurrencies exchange & wallets platforms as a service in order to facilitate the exchange
of different cryptocurrencies to its end users. The revenue is mainly generated from the software customization services fees charged
to the organizations and transaction fees charged to the end users when using the exchange platform. The Company, for the years
ended December 31, 2019 and 2018, has not generated revenue from the Cryptocurrency platform.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The Company accounts for individual
products and services separately if they are distinct – i.e. if a product or service is separately identifiable from other
items in the bundled package and if a customer can benefit from it on its own or with other resources that are readily available
to the customer. The consideration (including any discounts) is allocated between separate products and services in a bundle based
on their stand-alone selling prices. The stand-alone selling prices are determined based on the prices at which the Company separately
provides prepaid cards related financial services and sells the mobile devices.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">Disaggregation of revenue, In the
following table, revenue is disaggregated by major product line and timing of revenue recognition. The table also includes a reconciliation
of the disaggregated revenue with the reportable and operating segments. Also see note 4.</p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"><font style="font-size: 10pt"><b>Reportable and operating segments</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1.5pt solid"> </td>
<td style="border-bottom: black 1.5pt solid"> </td>
<td colspan="11" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2019</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Prepaid Cards</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Mobility Solution</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Total</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Major products/services lines</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="width: 47%"><font style="font-size: 10pt">Gross prepaid card revenue (note 4)</font></td>
<td style="width: 4%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Commissions and agent fees (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility products revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Fees and other revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">- </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility product commissions (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-  </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Timing of revenue recognition</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Products transferred at a point in time (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
</table>
<p style="font: 12pt Times New Roman, Times, Serif; margin: 0"> </p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"> </td></tr>
<tr style="vertical-align: bottom">
<td> </td>
<td> </td>
<td colspan="11" style="text-align: center"><font style="font-size: 10pt"><b>Reportable and operating segments</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: black 1.5pt solid"> </td>
<td style="border-bottom: black 1.5pt solid"> </td>
<td colspan="11" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-size: 10pt"><b>December 31, 2018</b></font></td></tr>
<tr style="vertical-align: bottom">
<td style="text-align: center"> </td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Prepaid Cards</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Mobility Solution</font></td>
<td style="text-align: center"> </td>
<td colspan="3" style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt">Total</font></td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Major products/services lines</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td style="width: 47%"><font style="font-size: 10pt">Gross prepaid card revenue (note 4)</font></td>
<td style="width: 4%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">97,861</font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">—  </font></td>
<td style="width: 1%"> </td>
<td style="width: 5%"> </td>
<td style="width: 1%"> </td>
<td style="width: 11%; text-align: right"><font style="font-size: 10pt">97,861</font></td>
<td style="width: 1%"> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Commissions and agent fees (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">(26,338</font></td>
<td><font style="font-size: 10pt">)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">(26,338</font></td>
<td><font style="font-size: 10pt">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility products revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">323,074</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">323,074</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt">Fees and other revenue (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Mobility product commissions (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">—  </font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">40,350</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">40,350</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td><font style="font-size: 10pt"><b>Timing of revenue recognition</b></font></td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"> </td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: white">
<td><font style="font-size: 10pt">Products transferred at a point in time (note 4)</font></td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td> </td>
<td> </td>
<td> </td>
<td style="text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td> </td></tr>
<tr style="vertical-align: bottom; background-color: #CCEEFF">
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">71,523</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">363,424</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">434,947</font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid"> </td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Cash and cash equivalents</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Cash and cash equivalents include demand deposits
held with banks and highly liquid investments with original maturities of ninety days or less at acquisition date.  For purposes
of reporting cash flows, the Company considers all cash accounts that are not subject to withdrawal restrictions or penalties to
be cash and cash equivalents. Cash in trust and customer deposits are amounts held by the Company at various financial institutions
for settlement of clients' funds payable.  Client funds are amounts owing on behalf of clients for prepaid debit cards.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Impairment goodwill and indefinite-lived
intangible assets and intangible assets with definite lives</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company accounts for goodwill and intangible
assets in accordance with ASC No. 350, Intangibles-Goodwill and Other ("ASC 350"). ASC 350 requires that goodwill and
other intangibles with indefinite lives be tested for impairment annually or on an interim basis if events or circumstances indicate
that the fair value of an asset has decreased below its carrying value. In addition, ASC 350 requires that goodwill be tested for
impairment at the reporting unit level (operating segment or one level below an operating segment) on an annual basis and between
annual tests when circumstances indicate that the recoverability of the carrying amount of goodwill may be in doubt. Application
of the goodwill impairment test requires judgment, including the identification of reporting units; assigning assets and liabilities
to reporting units, assigning goodwill to reporting units, and determining the fair value. Significant judgments required to estimate
the fair value of reporting units include estimating future cash flows, determining appropriate discount rates and other assumptions.
Changes in these estimates and assumptions or the occurrence of one or more confirming events in future periods could cause the
actual results or outcomes to materially differ from such estimates and could also affect the determination of fair value and/or
goodwill impairment at future reporting dates.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">FV </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: justify">The Company assesses the carrying
value of goodwill, indefinite-lived intangible assets and intangible assets with definite lives, such as Trademark, Technology
platform, customer base and other intangible assets for potential impairment annually as of December 31, or more frequently if
events or changes in circumstances indicate such assets might be impaired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">When assessing goodwill for impairment the
Company elects to first perform a qualitative assessment for a reporting unit to determine if the quantitative impairment test
is necessary. If we do not perform a qualitative assessment, or if the qualitative assessment indicates it is more likely than
not that the fair value of the reporting units, is less than its carrying amount, the Company performs a quantitative test. The
Company recognizes an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value;
however, the loss recognized would not exceed the total amount of goodwill allocated to that reporting unit. The Company estimates
fair value using the income approach, to estimate the future undiscounted cash flows (excluding interest charges) from the use
and ultimate disposition of the assets. </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i>Income taxes</i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Deferred tax is recognized using the asset
and liability method, on temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes
and the amounts used for tax purposes. However, the deferred tax is not recognized if it arises from initial recognition of an
asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting
nor taxable profit or loss. Deferred taxes determined using tax rates (and laws) that have been enacted by the reporting date and
are expected to apply when the related deferred taxation asset is realized, or the deferred taxation liability is settled. Deferred
tax assets and liabilities are offset if there is a legally enforceable right to offset current tax liabilities and assets, and
they relate to income taxes levied by the same tax authority on the same taxable entity, or on different tax entities, but they
intend to settle current tax liabilities and assets on a net basis or their tax assets and liabilities will be realized simultaneously.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A deferred tax asset is recognized to the extent
that it is probable that future taxable profits will be available against which the temporary difference can be utilized. Deferred
tax assets are reviewed at each reporting date and are reduced to the extent that it is no longer probable that the related tax
benefit will be realized.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Use of estimates</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of the consolidated financial
statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of
assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements
and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The areas where management has made significant
judgments include, but are not limited to:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Accounting for acquisitions: The accounting
for acquisitions requires judgement to determine if an acquisition meets the definition of a business combination under ASC 805. 
Further, management is required to use judgement to determine the fair value of the consideration provided and the net assets and
liabilities acquired.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Assessment of Impairment: The Company has certain
assets for which a determination of an impairment, if any, requires significant judgement to determine if the carrying amount of
any assets are impaired.  Management uses judgement in determining among other things, whether or not an indicator of impairment
has occurred, future cash flows, time horizons, and likelihood of recoverability.  The assets where management has assessed
the recoverability the carrying amount includes accounts receivable, equipment, intangibles and goodwill.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Going concern assessment: As disclosed in Note
1.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Deferred taxes: The Company recognizes the
deferred tax benefit related to deferred income tax assets to the extent recovery is probable.  Assessing the recoverability
of deferred income tax assets requires management to make significant estimates of future taxable profit and the income tax rate
at which the future tax assets will be realized.  To the extent that future cash flows, taxable profit and income tax rates
differ significantly from estimates, the ability of the Company to realize deferred tax assets could be impacted.  In addition,
future changes in tax laws could limit the ability of the Company to obtain tax deductions in future periods from deferred income
tax assets.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Share-based payment expense<b><i>: </i></b>The
calculation of share-based payment expense requires management to use significant judgment in determining the fair value of share-based
payment expense. Additionally, the management is required to make certain assumptions in arriving at the fair value of share-based
payment expense.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Derivative financial instruments: The Company
does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company reviews the terms of equity instruments
and other financing arrangements, if any, to determine whether there are embedded derivative instruments, including embedded conversion
options that are required to be bifurcated and accounted for separately as a derivative financial instrument. Also, in connection
with the issuance of financing instruments, the Company may issue freestanding options or warrants to employees and non-employees
in connection with consulting or other services. These options or warrants may, depending on their terms, be accounted for as
derivative instrument liabilities, rather than as equity.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In December 2019, the FASB issued ASU 2019-12,
Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The new rules reduce complexity by removing specific exceptions
to general income tax accounting methodology including an exception for interim periods showing operating losses in excess of anticipated
operating losses for the year. The new rules will be effective for us in the first quarter of 2021. We are currently evaluating
the impact this guidance may have on our consolidated financial statements and related disclosures.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>NOTE 12 – INCOME TAXES</b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b> </b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i></i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A reconciliation of the differences between
the statutory income tax rates for different jurisdictions and the Company's effective tax rate is as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended December 31, 2019 and December
31, 2018, the Company's long-term combined effective tax rate was 35%.</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">  </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">For the year ended December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">For the year ended December 31, 2018</td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">$</td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">$</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 70%; text-align: left">Net loss before income taxes</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(615,256</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(6,236,176</td><td style="width: 1%; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Expected income tax recovery</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(215,341</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(2,182,663</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Impact of tax rate differences in foreign jurisdictions</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">64,800</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">783,081</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Tax rate changes and other adjustments</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(4,693</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">57,356</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Permanent differences</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">47,736</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">907,896</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">107,498</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">434,330</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Total income tax expense</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
<td style="width: 54%"> </td>
<td style="width: 28%; text-align: center"><font style="font-size: 10pt"><b>December 31,</b></font></td>
<td style="width: 18%; text-align: center"><font style="font-size: 10pt"><b>December 31,</b></font></td></tr>
<tr>
<td> </td>
<td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>2019</b></font></td>
<td style="border-bottom: black 1pt solid; text-align: center"><font style="font-size: 10pt"><b>2018</b></font></td></tr>
<tr>
<td style="padding-bottom: 1pt"><font style="font-size: 10pt">Deferred Tax Items</font></td>
<td style="border-bottom: Black 1pt solid; text-align: center"><font style="font-size: 10pt">$</font></td>
<td style="border-bottom: Black 1pt solid; text-align: center"><font style="font-size: 10pt">$</font></td></tr>
<tr style="background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Net operating loss carry forwards</font></td>
<td style="text-align: right"><font style="font-size: 10pt">166,513</font></td>
<td style="text-align: right"><font style="font-size: 10pt">166,446</font></td></tr>
<tr style="background-color: White">
<td><font style="font-size: 10pt">Non-capital loss carry forwards - Canada</font></td>
<td style="text-align: right"><font style="font-size: 10pt">1,376,411</font></td>
<td style="text-align: right"><font style="font-size: 10pt">1,273,674</font></td></tr>
<tr style="background-color: rgb(204,238,255)">
<td><font style="font-size: 10pt">Others</font></td>
<td style="text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="text-align: right"><font style="font-size: 10pt">(4,694)</font></td></tr>
<tr style="background-color: White">
<td><font style="font-size: 10pt">Valuation allowance</font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(1,542,924)</font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">(1,435,426)</font></td></tr>
<tr style="background-color: rgb(204,238,255)">
<td> </td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td>
<td style="border-bottom: black 1pt solid; text-align: right"><font style="font-size: 10pt">-</font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has $138,001 of net operating
loss carryforwards in the US expiring in 2036, $440,437 expiring in 2037, $214,173 expiring in 2038 and $322 expiring in 2039.
The Company has $748,200 non-capital loss carryforwards in Canada expiring in 2036, $2,258,953 expiring in 2037, $1,634,662 expiring
in 2038 and $551,557 expiring in 2039. As of December 31, 2019 and 2018, the Company decided that a valuation allowance relating
to the above deferred tax assets of the Company was necessary, largely based on the negative evidence represented by recurring
losses incurred and a determination that it is not more likely than not to realize these assets, therefore a corresponding valuation
allowance, for each respective period, was recorded to offset deferred tax assets.</p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><tr style="vertical-align: bottom"><td style="border-bottom: Black 1pt solid">Cost</td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Computer equipment</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Furniture</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Total</b></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="width: 55%">Balance at December 31, 2017</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">66,005</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">2,497</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">68,502</td><td style="width: 1%; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(64,207</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(2,429</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(66,636</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1798</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(68</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(1,866</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Addition</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Accumulated depreciation</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Computer equipment</b></font></td><td style="vertical-align: bottom; padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"> </td>
<td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"> </td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Furniture</b></font></td><td style="vertical-align: bottom; padding-bottom: 1pt; text-align: center"> </td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"> </td>
<td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"> </td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td><td style="vertical-align: bottom; padding-bottom: 1pt; text-align: center"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"><font style="font-size: 10pt"><b>$</b></font></td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at December 31, 2017$</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(26,732</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(699</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">(27,431</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">26,022</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">681</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">26,703</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">710</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">18</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">728</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Addition</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Balance at December 31, 2018 (note 4)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at December 31, 2019</td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left">$</td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr></table>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b>Intangible assets</b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b> </b></p>
<p style="font: 10pt/13.7pt Times New Roman, Times, Serif; margin: 0"><b></b></p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td><b>Cost</b></td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="text-align: center"><b>Trademark/</b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3" style="text-align: center"><b>Technology</b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3" style="text-align: center"><b>Customer</b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3"></td></tr>
<tr style="vertical-align: bottom">
<td style="border-bottom: Black 1pt solid"><b> </b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>Trade name</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>platform/ IP</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>base</b></td><td style="text-align: center; padding-bottom: 1pt; vertical-align: bottom"><b> </b></td>
<td colspan="3" style="text-align: center; vertical-align: bottom"><b>Total</b></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 40%; padding-bottom: 1pt">Balance at December 31, 2017</td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">168,620</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">239,649</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">-</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td><td style="width: 1%; padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; width: 1%; text-align: left">$</td><td style="border-bottom: Black 1pt solid; width: 12%; text-align: right">408,269</td><td style="width: 1%; padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Additions</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">6,600</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">11,200</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">17,800</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(164,145</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(230,626</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(394,771</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(4,475</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(9,023</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">(13,498</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">6,600</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">11,200</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">17,800</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Additions</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">6,600</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">11,200</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">17,800</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Accumulated Amortization</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b>Trademark/</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b>Technology</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="text-align: left"> </td><td style="vertical-align: bottom; text-align: center"><font style="font-size: 10pt"><b>Customer</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="text-align: left"> </td><td style="text-align: right">  <b>Total</b> </td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="vertical-align: bottom; text-align: left; padding-bottom: 1pt">Trade name</td><td style="padding-bottom: 1pt"><b> </b></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><b> </b></td><td style="border-bottom: Black 1pt solid; text-align: right"><b>Trade
name</b></td><td style="padding-bottom: 1pt; text-align: left"><b> </b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><b> </b></td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>platform/
IP</b></td><td style="padding-bottom: 1pt; text-align: left"><b> </b></td><td style="padding-bottom: 1pt"><b> </b></td>
<td style="border-bottom: Black 1pt solid; text-align: left"><b> </b></td><td style="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: center"><b>base</b></td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b></b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2017</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(168,620</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(24,677</td><td style="padding-bottom: 1pt; text-align: left">)</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">(193,297</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Amortization</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">0</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">164,145</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">23,437</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">187,582</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">4,475</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">1,240</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">5,715</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Amortization</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Disposal</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Balance at Dec 31, 2018 before impairment</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">6,600</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">11,200</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">17,800</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Impairment in 2018</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(6,600</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(11,200</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(17,800</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at December 31, 2018</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Balance at December 31, 2019</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr></table>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><tr style="vertical-align: bottom; background-color: White"><td style="padding-bottom: 1pt">Goodwill</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"><font style="font-size: 10pt"><b>Total</b></font></td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td>Balance at January 1, 2018</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Acquisition (Note 3)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">3,440,403</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Impairment (Note 3)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(3,440,403</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="padding-bottom: 1pt">Balance at December 31, 2018</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td>Acquisition</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">-</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Foreign exchange</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="padding-bottom: 1pt">Balance at December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right"> </td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">he components of share-based payments expense (stock options and
warrants) are detailed in the table below.<b><i>  </i></b></p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: top; width: 30%"> </td>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 14%; text-align: center"><font style="font-size: 7pt"><b>Date of grant</b></font></td>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 14%; text-align: center"><font style="font-size: 7pt"><b>Contractual life</b></font></td>
<td style="border-bottom: black 1pt solid; white-space: nowrap; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Number</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Exercise </b><br />
<b>price (C$)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 6%; text-align: center"><font style="font-size: 7pt"><b>Year ended</b><br />
<b> December 31, 2019 ($)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 6%; text-align: center"><font style="font-size: 7pt"><b>Year ended</b><br />
<b> December 31, 2018 ($)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 3%; text-align: center"><font style="font-size: 7pt"><b>Share price (C$)</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 2%; text-align: center"><font style="font-size: 7pt"><b>Risk-free rate</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Volatility</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Dividend yield</b></font></td>
<td style="border-bottom: black 1pt solid; vertical-align: bottom; width: 5%; text-align: center"><font style="font-size: 7pt"><b>Expected life (years)</b></font></td></tr>
<tr style="vertical-align: top; background-color: white">
<td style="white-space: nowrap"><font style="font-size: 7pt">Deferred stock unit grant</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2016</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2021</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">917,500</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1.50</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">155,377</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1.50</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">108%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">Nil</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">4</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"><font style="font-size: 7pt">Deferred stock unit grant</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2016</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 1, 2021</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">272,500</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">57,193</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1.50</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">108%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">Nil</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">4</font></td></tr>
<tr style="background-color: white">
<td style="white-space: nowrap; vertical-align: bottom"><font style="font-size: 7pt">Warrant amendment</font></td>
<td style="white-space: nowrap; vertical-align: top"><font style="font-size: 7pt">August 31, 2017</font></td>
<td style="white-space: nowrap; vertical-align: top"><font style="font-size: 7pt">October 31, 2018</font></td>
<td style="white-space: nowrap; vertical-align: top"> </td>
<td style="white-space: nowrap; vertical-align: top"> </td>
<td style="white-space: nowrap; vertical-align: top; text-align: right"> </td>
<td style="white-space: nowrap; vertical-align: top; text-align: right"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; vertical-align: top; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"><font style="font-size: 7pt">Share issued for services</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">April 14, 2018</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">2,500,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">337,250</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.14</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: white">
<td style="white-space: nowrap"><font style="font-size: 7pt">Fully vested option grant</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 14, 2018</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">December 31, 2023</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">5,400,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.10</font></td>
<td style="white-space: nowrap; text-align: right"> </td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">313,504</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.056</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">2%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">108%</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">Nil</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">4</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"><font style="font-size: 7pt">Share issued for services</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">January 20, 2019</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">1,000,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">177,000</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.177</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: white">
<td style="white-space: nowrap"><font style="font-size: 7pt">Share issued for services</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">April 20, 2019</font></td>
<td style="white-space: nowrap"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">500,000</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">N/A</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">50,000</font></td>
<td style="white-space: nowrap; text-align: right"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">0.10</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td>
<td style="white-space: nowrap; text-align: center"><font style="font-size: 7pt">-</font></td></tr>
<tr style="vertical-align: top; background-color: #CCFFFF">
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; white-space: nowrap; text-align: right"><font style="font-size: 7pt"><b>$227,000</b></font></td>
<td style="border-top: black 1pt solid; border-bottom: black 1pt solid; white-space: nowrap; text-align: right"><font style="font-size: 7pt"><b>$863,324</b></font></td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td>
<td style="white-space: nowrap"> </td></tr></table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A reconciliation of the differences between
the statutory income tax rates for different jurisdictions and the Company's effective tax rate is as follows:</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">For the year ended December 31, 2019</td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">For the year ended December 31, 2018</td></tr>
<tr style="vertical-align: bottom">
<td> </td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">$</td><td style="padding-bottom: 1pt"> </td>
<td colspan="3" style="border-bottom: Black 1pt solid; text-align: center">$</td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="width: 70%; text-align: left">Net loss before income taxes</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(615,256</td><td style="width: 1%; text-align: left">)</td><td style="width: 1%"> </td>
<td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">(6,236,176</td><td style="width: 1%; text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Expected income tax recovery</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(215,341</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(2,182,663</td><td style="text-align: left">)</td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Impact of tax rate differences in foreign jurisdictions</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">64,800</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">783,081</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left">Tax rate changes and other adjustments</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">(4,693</td><td style="text-align: left">)</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">57,356</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left">Permanent differences</td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">47,736</td><td style="text-align: left"> </td><td> </td>
<td style="text-align: left"> </td><td style="text-align: right">907,896</td><td style="text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: rgb(204,238,255)">
<td style="text-align: left; padding-bottom: 1pt">Change in valuation allowance</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">107,498</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left"> </td><td style="border-bottom: Black 1pt solid; text-align: right">434,330</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr>
<tr style="vertical-align: bottom; background-color: White">
<td style="text-align: left; padding-bottom: 1pt">Total income tax expense</td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td>
<td style="border-bottom: Black 1pt solid; text-align: left">$</td><td style="border-bottom: Black 1pt solid; text-align: right">-</td><td style="padding-bottom: 1pt; text-align: left"> </td></tr></table>