Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

16. LOANS PAYABLE: Schedule of Current loans payables (Tables)

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16. LOANS PAYABLE: Schedule of Current loans payables (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Schedule of Current loans payables

 

 

 

2020

2019

Platinum Vapes loan - original loan of $16,655,835 – non-interest bearing, principal due on maturity, due on January 12, 2021

$     16,394,996

$                      -

Private loans - original loan of $1,069,616 interest bearing, principal due on demand

1,069,616

-

1260356 Ontario Ltd. - original loan of $9,658,595 – non-interest bearing, due on demand

9,658,595

-

Mid-American Growers SBA loan 1 - original loan of $1,364,888 - 1% interest, principal and interest payable at maturity, due on April 6, 2021

1,364,888

-

Payable to Oakshire - original loan of $1,080,947 – non-interest bearing, no fixed payment terms

1,080,947

-

Payable to Pharmaco - original loan of $1,717,056 – non-interest bearing, no fixed payment terms

1,717,056

-

Payable to Luna - original loan of $63,660 – non-interest bearing, no fixed payment terms

63,660

-

Total

$     31,349,758

$                      -