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

16. LOANS PAYABLE: Schedule of Noncurrent loans payable (Tables)

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

 

 

2020

2019

Platinum Vapes note payable - original loan of $17,219,398 – non-interest bearing, principal due on maturity on  September 11, 2023

$        17,705,058

$                   -

Vista Prime Management Ford loan - original loan of $16,218 – 5.90% interest, repayable in monthly installments of principal and interest of $314, maturing on January 12, 2023

7,313

-

Vista Prime Management Ram loan - original loan of $26,872 – 6.10% interest, repayable in monthly installments of principal and interest of $670, maturing on July 25, 2023

19,141

-

Mid-American Growers - SBA loan 1 - original loan of $781,727 – 1% interest, principal and interest payable at maturity on April 6, 2022

781,727

-

Mid-American Growers SBA loan 2 - original loan of $190,853 – 1% interest, principal and interest payable at maturity on April 6, 2022

190,853

-

Total

$        18,704,092

$                     -