Investments

9 Months Ended

Sep. 30, 2020

Investments in and Advances to Affiliates, Schedule of Investments [Abstract]

Note 7 – Investments

A.	Marketable Securities at Fair Value

Following is the summary of Company’s investment in marketable securities at fair value as at September 30, 2020 and December 31, 2019:

		September 30, 2020								December 31, 2019
Company		No. of Shares				Book value				No. of Shares				Book value
DUO			5,835,392			$	583,539				5,835,392			$	204,239
			5,835,392			$	583,539				5,835,392			$	204,239

At September 30, 2020, the Company revalued 5,835,392 common shares at their quoted market price of $0.1 per share, to $583,539; hence, recording a net gain on available for sale securities of $379,300 into the statement of operations for the nine months ended September 30, 2020. For the nine months ended September 30, 2019, loss on available for sale securities was $525,185.

B.	Investments at Cost

The Company, through its subsidiary, GEP Equity Holdings Limited, holds the following common equity securities in private and reporting companies as at September 30, 2020 and December 31, 2019:

			September 30, 2020								December 31, 2019
Company			No. of Shares				Book value				No. of Shares				Book value				Status
PDI				5,006,521			$	-				5,006,521			$	-			Private Company
				5,006,521			$	-				5,006,521			$	-

The Company, through its subsidiary, GEP Equity Holdings Limited, holds the following preferred equity securities in private and reporting companies as at September 30, 2020 and December 31, 2019:

			September 30, 2020								December 31, 2019
Company			No. of Shares				Book value				No. of Shares				Book value				Status
PDI				450,000			$	-				450,000			$	-			Private Company
				450,000			$	-				450,000			$	-