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Note 6 - Loans Payable- Related Party (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Loans Payable to Related Party [Table Text Block]
  

2022

  

2021

 

Loan payable in default due to the spouse of Bill Chaaban, former CEO of CEN, which bears an interest at 12% per annum. This loan matured on August 17, 2020.

 $1,388,122  $1,388,122 
         

Loans payable in default to a former director of Creative, former parent company, bear interest at 10% per annum. This are unsecured loans that matured on December 31, 2018.

  601,500   601,500 
         

Loan payable in default to R&D Labs Canada, Inc., whose president is Bill Chaaban, also the former CEO of CEN, bearing interest at 8% per annum. This is an unsecured loan that matured on October 2, 2019. R&D Labs Canada is a company owned by Bill Chaaban’s spouse.

  300,000   300,000 
         

Loans payable in default to the spouse of Bill Chaaban, former CEO of CEN, for the original amounts of CAD 48,630 and USD $198,660, bear interest at 10% per annum. These are unsecured loans that matured on December 31, 2018.

  237,019   237,019 
         

Loan payable to the spouse of Joseph Byrne, a 5% shareholder and former President, CEO and member of the board of CEN, issued January 12, 2018 with a 30-day maturity, bearing share interest of 4,000 common shares per 30-day period. This is an unsecured loan that matured on April 16, 2022.

  100,000   100,000 
         

Loan payable to Alex Tarrabain, former CFO and Director of CEN, issued January 17, 2018 with a 30-day maturity, bearing share interest of 3,000 common shares per 30-day period. This is an unsecured loan that matured on April 16, 2022.

  75,000   75,000 
         

Loan payable to Joseph Byrne, a 5% shareholder and former President, CEO, and Member of the board of CEN, issued January 24, 2018 with a 30-day maturity, bearing share interest of 2,000 common shares per 30-day period. This loan was repaid in June 2021.

  -   - 
         

Total loans payable – related party (all current)

 $2,701,641  $2,701,641