3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value Measurements (Policies)

9 Months Ended

Oct. 31, 2018

The Company’s assets and liabilities recorded at fair value have been categorized based upon a fair value hierarchy.

The following table presents information about the Company’s liabilities measured at fair value on a recurring basis and the Company’s estimated level within the fair value hierarchy of those assets and liabilities as of October 31, 2018:

Fair value measured at October 31, 2018
	Total carrying value at October 31, 2018		Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant Unobservable inputs (Level 3)
Assets:
Foreign currency investments	$	17,715	$	-	$	-	$	17,715

Liabilities:
Derivative liabilities	$	326,541	$	-	$	-	$	326,541

There were no transfers between Level 1, 2 or 3 during the period.