Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Related Party Transactions

v3.19.3
Related Party Transactions
6 Months Ended
Jun. 30, 2019
Related Party Transactions [Abstract]  
Related Party Transactions
8.
RELATED PARTY TRANSACTIONS
During the three and six months ended June 30, 2019 , transactions between the Company directors, officers and other related parties were related to compensation matters in the normal course of operations and are measured at the exchange amount, which is the amount of consideration established and agreed to by the related parties.
Compensation paid to Executive Officers for the three and six months ended June 30, 2019 amounted to $446,911 and $961,163 compared to $323,487 and $918,112 for the three and six months ended June 30, 2018.
Officers and Directors of the Company control approximately 0.19% of the Company.
 
   
June 30, 2019
   
December 31, 2018
 
   
Number of
Shares
   
%
   
Number of
Shares
   
%
 
John Barker
    32,714       0.11       31,714       0.15  
Stephen Randall
    22,993       0.07       21,643       0.10  
David McNally
    4,167       0.01       4,167       0.02  
Bruce Wolff
1
    —         —         7,610       0.03  
John Schellhorn
    294       0.00       294       0.00  
   
 
 
   
 
 
   
 
 
   
 
 
 
Total
   
60,168
     
0.19
     
65,428
     
0.30
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Common Shares Outstanding
   
31,150,237
     
100%
     
21,675,849
     
100%
 
   
 
 
   
 
 
   
 
 
   
 
 
 
 
1:
Bruce Wolff retired as a Director effective May 29, 2019