Annual report pursuant to Section 13 and 15(d)

Contractual interests in legal recovery (Tables)

v3.22.1
Contractual interests in legal recovery (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of interest in legal recovery carried at cost

Recovery on this claim has been delayed due to COVID-19. The Company’s interest in the Electrum Partners, LLC legal recovery, carried at cost, at December 31, 2021 and 2020 is summarized as follows:

 

    2021     2020  
October 30, 2018 Recovery Purchase Agreement   $ 196,666     $ 181,529  
October 31, 2018 secured Capital Agreement     100,000       100,000  
January 28, 2019 secured Capital Agreement     100,000       100,000  
Total Invested   $ 396,666     $ 381,529