Related Party Transactions Disclosure [Text Block] |
| 8. | RELATED PARTY TRANSACTIONS AND BALANCES | Due from related parties | (a) | As of September 30, 2015, the Company had advances receivable from the Chief Operating Officer (“COO”) and Chief Technology Officer (“CTO”) for $39,547 (December 31, 2014 $44,986). These advances are unsecured, bear interest at a rate of 1% based on the Canada Revenue Agency’s prescribed rate for such advances and are payable on demand in Canadian dollars. The Company advanced funds to settle a tax assessment; the Company paid additional salary amounts that had not been made during the period; and, the Company reimbursed $37,837 ($44,000 CAD) related to various out-of-pocket costs they incurred on behalf of the Company, all of which resulted in a net advance of $39,547 as of September 30, 2015. | Issuance of shares to settle due to related party | (b) | During the nine months ended December 31, 2014, one advance amounting to $85,947 ($95,000 CAD) was settled by issuance of 105,555 pre-Merger common shares to a former director. | Accounts payable and accrued liabilities | (c) | As at September 30, 2015, $14,188 (December 31, 2014 - $4,220) was owing to the CEO, $3,646 (December 31, 2014 - $5,930) was owing to the CTO, $5,154 was owing to the COO (December 31, 2014 - $nil) and $1,184 (December 31, 2014 $nil) owing to the CFO, related to business expenses, all of which are included in accounts payable.
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