Related Party Transactions

6 Months Ended

Jun. 30, 2019

Related Party Transactions [Abstract]

Related Party Transactions

14. Related party transactions

Shawn E. Leon

As of June 30, 2019 and December 31, 2018 the Company had a receivable of $59,763 and $32,650, respectively from Shawn E. Leon. Mr. Leon is a director and CEO of the Company. The balances receivable is non-interest bearing and has no fixed repayment terms.

Mr. Leon was paid management fees of $0 and $92,098 for the six months ended June 30, 2019 and 2018 respectively.

Leon Developments, Ltd.

As of June 30, 2019 and December 31, 2018, the Company owed Leon Developments, Ltd., $1,658,386 and $1,581,499, respectively. The balance owing to Leon Developments, Ltd. Is non-interest bearing and has no fixed terms of repayment.

Eileen Greene

As of June 30, 2019 and December 31, 2018, the Company owed Eileen Greene, the spouse of Mr. Leon, $1,165,119 and $1,034,114, respectively. The amount owing to Ms. Greene is non-interest bearing and has no fixed repayment terms.

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