Wednesday, June 14, 2017 11:54:06 AM
http://www.otcmarkets.com/ajax/showFinancialReportById.pdf?id=167083
(a) On May 7, 2015, the Company entered into a consulting agreement with an investor relations
firm with a one-year term and a fee of $35,000 per month payable through issuance of 560,000
common shares. During the year ended March 31, 2016, the agreement was amended to reduce
the fee of $35,000 per month to $10,000 per month from October to December 2015, and to
$8,750 per month from January to April 2016, which is payable through the issuance of 320,000
shares. These shares were issued on May 2, 2016. During the nine months ended December 31,
2016, the Company incurred $8,750 in expenses related to this agreement.
(b) On August 23, 2016 the Company entered into a one year marketing and consulting
agreement with Ingrid Tsaprailis. Under the agreement, the Company will pay
consulting fees of 115,000 common shares. During the nine months ended December 31, 2016
the Company issued 115,000 common shares with a fair value of $47,150 and charged $16,793
to consulting expenses related to the services received.
(d) On September 19, 2016 the Company entered into a one-year marketing and consulting
agreement with Solar Properties Ltd. Under the agreement, the Company will pay
consulting fees of 1,361,278 common shares. During the nine months ended September 30,
2016, the Company issued 837,532 common shares with a fair value of $668,875 and charged
$181,421 to consulting expenses related to the services received.
(e) On September 19, 2016 the Company entered into a one-year marketing and consulting
agreement with Hilltop Business Center Ltd. Under the agreement, the Company will pay
consulting fees of 1,000,000 common shares. During the nine months ended December 31,
2016, the Company issued 500,000 common shares with a fair value of $390,000 and charged
$105,781 to consulting expenses related to the services received.
(f) On September 19, 2016, the Company entered into a one-year marketing and consulting
agreement with Pioneer Ventures Inc. Under the agreement, the Company will pay
consulting fees of 1,180,639 common shares. During the nine months ended December 31,
2016, the Company issued 678,766 common shares with a fair value of $529,437 and charged
$143,601 to consulting expenses related to the services received.
(i) On November 4, 2016, the Company entered into two separate four month marketing and
consulting agreements with bullVestor (Helmut Pollinger) and Loud Media and Awareness.
Under the agreement, the Company will pay consulting fees upon invoice for services
rendered. During the nine months ended December 31, 2016, the Company paid $370,053 and
$81,147, respectively.
(j) On November 16, 2016 the Company entered into a three month marketing and consulting
agreement with Market IQ. Under the agreement, the Company will pay consulting fees
upon invoice of services rendered. During the nine months ended December 31, 2016, the
Company paid $174,905
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