XML 33 R13.htm IDEA: XBRL DOCUMENT v3.19.1
Intangible Assets
12 Months Ended
Dec. 31, 2018
Intangible Assets [Text Block]

7. Intangible Assets

    2018     2017  
Technology license (net of accumulated amortization of $731 (2017- $531)) $  1,270   $  1,470  
Environmental compliance approvals-indefinite life- $182,700 CAD   133,919     145,630  
  $  135,189   $  147,100  

On May 6, 2015, the Company acquired an exclusive license from Syngas SDN BHD (“Syngas”), a Malaysian company to use Syngas intellectual property within North America for a period of five years for $1 consideration, renewable every five years upon written request. Syngas manufactures equipment that produces liquid transportation fuel from plastic waste material. The Company issued 20,000 common shares of the Company to an introducing party, determined to be valued at $2,000.

On September 15, 2017, the Company acquired the environmental approvals on the purchase of certain assets of Astoria Organic Matters Ltd., and Astoria Organic Matters Canada LP (“Astoria”) from BDO Canada Limited (“BDO”) under the asset purchase agreement (“APA”).