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

16. LOANS PAYABLE: Schedule of Estimation of Fair value of Platinum Vapes note payable (Tables)

v3.21.2
16. LOANS PAYABLE: Schedule of Estimation of Fair value of Platinum Vapes note payable (Tables)
12 Months Ended
Dec. 31, 2020
Tables/Schedules  
Schedule of Estimation of Fair value of Platinum Vapes note payable

 

 

 

Stock price as of December 31, 2020 (USD)

$0.596

Risk-free rate

0.16%

Expected volatility

92%

Discount for lack of marketability

3%