Quarterly report pursuant to Section 13 or 15(d)

Share Purchase Warrants (Details Textual)

v3.19.3.a.u2
Share Purchase Warrants (Details Textual)
Nov. 10, 2019
Share Purchase Warrants (Textual)  
Settlement agreement,description The Company entered into a $110,000 convertible debenture with a non-related party, in exchange for $100,000, net of $10,000 for legal fees which was deferred and amortized over the term of the debenture. Under the terms of the debenture, the amount is unsecured, bears guaranteed interest at 10% and default interest at 20% per annum and was due on November 10, 2016. The note remained unpaid and outstanding at maturity. The note is convertible into shares of common stock of the Company equal to the lower of: (a) $0.40 or (b) 60% of the lowest trading price of the Company's common stock during the 20 consecutive trading days prior to the date of conversion.