Annual report pursuant to Section 13 and 15(d)

Marketable Securities

v3.21.1
Marketable Securities
12 Months Ended
Dec. 31, 2020
Investments, All Other Investments [Abstract]  
Marketable Securities

 

9. Marketable Securities

 

Investments in marketable securities consists of 2,500,000 shares of Zoompass Holdings (“Zoompass”) and is accounted for at fair value, with changes recognized in earnings.

 

On December 31, 2020, the shares of Zoompass were last quoted at $0.187 per share on the OTC market, resulting in an unrealized gain recorded to earnings related to these securities of $290,000, The Company recorded an unrealized loss of $97,500 for the year ended December 31, 2019.