9. Related Parties

12 Months Ended

Dec. 31, 2016

Related Party Transactions [Abstract]

9. Related Parties

9. Related Parties

Shawn E. Leon

As of December 31, 2016 and 2015, the Company had payables of $8,492 and $159,551, respectively to the CEO, Shawn Leon. The amounts payable are noninterest bearing and have no fixed repayment terms. The Company paid a management fee of $120,000 to Shawn Leon during the current year.

Cranberry Cove Holdings Ltd.

As of December 31, 2016 and 2015, the Company had a receivable of $84,867 and a payable of $87,356, respectively to Cranberry Cove Holdings, Ltd. The Company entered into an agreement to lease premises from Cranberry Cove Holdings Ltd. at market terms. The Company had rental expense amounting to CDN $485,055 and CDN $451,380 for the years ended December 31, 2016 and 2015, respectively. Cranberry Cove Holdings Ltd. is owned indirectly by Shawn Leon, our CEO. The balance due is noninterest bearing and no fixed repayment terms. Subsequent to year end, in terms of a Stock Purchase Agreement entered into, as disclosed in note 1 above, the Company 100% of the equity of Cranberry Cove Holdings.

GreeneStone Clinic Inc.

As of December 31, 2016 and 2015, the Company had a payable of $79,592 and $5,284, respectively, to Greenestone Clinic, Inc. GreeneStone Clinic Inc., is controlled by one of the Company’s directors. The balance owing is non-interest bearing, not secured and has no specified terms of repayment.

The Company incurred management fees to GreeneStone Clinic, Inc., totaling $137,283 and $97,152 for the years ended December 31, 2016 and 2015, respectively.

1816191 Ontario

As of December 31, 2016 and 2015, the Company had a payable of $70,763 and $22,305 to 1816191 Ontario. The payable is non- interest bearing, and has no specific repayment terms.

Eileen Greene

Eileen Greene is the spouse of our CEO, Shawn Leon. On December 30, 2016 we entered into a Securities Purchase agreement with Ms. Greene, whereby $163,011 (CDN $220,000) was advanced to the Company in the form of a promissory note, bearing interest at 0% per annum and convertible into shares of common stock at a conversion price of $0.03 per share.

In connection with the promissory note above, Ms. Greene was granted a 3-year option exercisable for 5,433,709 shares of common stock of the Company at an exercise price of $0.03 per share, expiring on December 30, 2019.

All related party transactions occur in the normal course of operations and in terms of agreements entered into between the parties.