Related Party Transactions (Details Narrative) - USD ($) |
3 Months Ended | ||
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Mar. 31, 2021 |
Mar. 31, 2020 |
Dec. 31, 2020 |
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Amount due to director | $ 40,843 | $ 559,122 | |
Repayment of amount due to director | 20,000 | $ 0 | |
Mr. Barker [Member] | |||
Due to related party | 281,968 | ||
Mr. James Doris [Member] | |||
Due to related party | 90,000 | ||
Amount due to director | 40,843 | ||
Sale of loans | $ 506,000 | ||
Accounts payable interest rate | 12.00% | ||
Repayment of amount due to director | $ (20,000) |
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- Definition Reflects the effective interest rate as of the balance sheet date on interest-bearing trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying amount as of the balance sheet date of obligations due all related parties. For classified balance sheets, represents the current portion of such liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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