Digatrade Financial (DIGAF) 6-K 3 May 19 2019 Q1 Unaudited Interim Consolidated Financial Statements Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Mar. 31, 2019shares
Document And Entity Information
Entity Registrant Name	Digatrade Financial Corp
Entity Central Index Key	0001369128
Document Type	6-K
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity's Reporting Status Current?	Yes
Entity Common Stock, Shares Outstanding	0
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2019

Interim Consolidated Balance Sh

Interim Consolidated Balance Sheets - CAD ($)	Mar. 31, 2019	Dec. 31, 2018
CURRENT
Cash	$ 464,703	$ 493,810
GST recoverable	13,730	11,172
Prepaid expenses	11,742	22,211
Total current assets	490,175	527,193
CURRENT
Trade and other payables	106,761	129,279
Convertible promissory notes - current portion	771,086	636,890
Total current liabilities	877,847	766,169
Convertible promissory notes	6,548	11,961
Total liabilities	884,847	778,130
SHAREHOLDERS' DEFICIENCY
Share Capital	6,130,462	6,047,999
Deficit	(6,584,682)	(6,298,936)
Total shareholders' deficiency	(394,220)	(250,937)
Total liabilities and shareholders' deficiency	$ 490,175	$ 527,193

Interim Consolidated Statement

Interim Consolidated Statement of Changes in Shareholders' Equity - CAD ($)	Common Shares	Class "B" Common Shares	Share Capital	Contributed Surplus	Deficit	Total
Beginning balance, shares at Dec. 31, 2017	49,661,150	100,000
Beginning balance, amount at Dec. 31, 2017			$ 4,106,207	$ 0	$ (5,176,116)	$ (1,069,909)
Shares issued pursuant to conversion of convertible promissory notes, shares	4,328,916
Shares issued pursuant to conversion of convertible promissory notes, amount			466,019			466,019
Shares issued pursuant to consulting contracts, shares	600,000
Shares issued pursuant to consulting contracts, amount			7,373			7,373
Stock-based Compensation						0
Net loss for the period					(297,323)	(297,323)
Ending balance, shares at Mar. 31, 2018	47,838,566	100,000
Ending balance, amount at Mar. 31, 2018			4,579,598	0	(5,472,718)	(893,841)
Beginning balance, shares at Dec. 31, 2018	226,411,904	100,000
Beginning balance, amount at Dec. 31, 2018			6,047,999	0	(6,298,936)	(250,937)
Class B common shares issued, shares		1,000,000
Class B common shares issued, amount			100			100
Shares issued pursuant to conversion of convertible promissory notes, shares	14,662,819
Shares issued pursuant to conversion of convertible promissory notes, amount			82,363			82,363
Stock-based Compensation				60,000		60,000
Net loss for the period					(285,746)	(285,746)
Ending balance, shares at Mar. 31, 2019	241,074,723	1,100,000
Ending balance, amount at Mar. 31, 2019			$ 6,130,462	$ 60,000	$ (6,584,682)	$ (394,220)

Interim Consolidated Statements

Interim Consolidated Statements of Operations, Comprehensive Loss and Deficit - CAD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
EXPENSES
Accounting, audit and legal	$ 34,818	$ 31,663
Consulting expense	93,643	37,373
Finders fees	20,564	48,877
Filing and transfer agent fees	4,375	4,576
Management fees	43,917	30,000
Stock-based compensation	60,000	0
Travel and administration expenses	3,227	0
Marketing	15,621	0
Bank charges and interest	12,990	35,388
Project development costs	0	75,453
Total expenses	289,155	263,330
PROFIT (LOSS) BEFORE OTHER ITEMS	(289,155)	(263,330)
Foreign exchange (loss) gain	3,409	(33,993)
NET PROFIT (LOSS) FOR THE PERIOD	(285,746)	(297,323)
Other comprehensive income	0	0
NET COMPREHENSIVE LOSS FOR THE PERIOD	$ (285,746)	$ (297,323)
POST-SHARE CONSOLIDATION
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING	227,694,370	43,492,213
BASIC AND DILUTED (LOSS) PROFIT PER SHARE	$ (0.001)	$ (0.01)

Interim Consolidated Statemen_2

Interim Consolidated Statements of Cash Flows - CAD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
OPERATING ACTIVITIES
Net Profit (Loss) for the Period	$ (285,746)	$ (297,323)
Non-Cash Items
Unrealized foreign exchange (gains) losses	(10,872)	41,297
Amortization of prepaid expenses	10,469	1,922
Common stock issued for consulting services	0	7,373
Stock-based compensation	60,000	0
Interest accrued on convertible promissory notes	12,926	27,615
Accounts receivable	0	(28,449)
Prepaid expenses	0	(486)
GST payable (recoverable)	(2,558)	(2,766)
Liabilities to customers	0	28,449
Accounts payable and accrued liabilities	(22,518)	16,899
Cash flows provided by (used in) operating activities	(238,299)	(205,469)
FINANCING ACTIVITIES
Proceeds received on issuance of promissory notes	242,688	200,135
Promissory notes repaid	(33,596)	0
Proceeds on issuance of Class B Common Shares	100	0
Cash flows provided by (used in) financing activities	209,192	200,135
NET (DECREASE) INCREASE IN CASH	(29,107)	(5,334)
Cash (bank indebtedness), beginning of the period	493,810	494,443
CASH, END OF THE PERIOD	$ 464,703	$ 489,109

NATURE AND CONTINUANCE OF OPERA

NATURE AND CONTINUANCE OF OPERATIONS	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
NATURE AND CONTINUANCE OF OPERATIONS	Digatrade Financial Corp. (the “Company”) is governed by the Business Corporations Act (British Columbia). The head office, principal address, and records office of the Company are located at 1500 West Georgia Street, Suite 1300, Vancouver, British Columbia, Canada, V6C 2Z6. The Company's common shares are listed on the NASDAQ Over-the-Counter Board (“OTCB”) exchange under the symbol "DIGAF". In March 2015, the Company entered into an agreement with Mega Ideas Holdings Limited, dba ANX (“ANX”), a company incorporated and existing under the laws of Hong Kong. ANX owns a proprietary trading platform and provides operational support specializing in blockchain development services and exchange and transaction services for crypto-currencies. Effective October 17, 2018 the Company closed the online retail trading platform and shared liquidity order book with ANX International owing to low transaction volumes. The Company will continue to offer OTC trading for institutional customers and accredited traders while continuing to seek new opportunities within the blockchain and the financial technology sector. In February 2019, the Company entered into a Definitive Agreement with Securter Inc. (“Securter”), a private Canadian corporation that is developing a proprietary, patent-pending credit card payment platform to significantly increase the security of online credit card payment processing (Note 17(e)). These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards on the basis that the Company is a going concern and will be able to meet its obligations and continue its operations for its next fiscal year. Several conditions as set out below cast uncertainties on the Company’s ability to continue as a going concern. The Company’s ability to continue as a going concern is dependent upon the financial support from its creditors, shareholders, and related parties, its ability to obtain financing for its development projects, and upon the attainment of future profitable operations. The Company has not yet achieved profitable operations and has accumulated losses of $6,584,682 since inception and working capital deficiency of $387,672 as at March 31, 2019. Accordingly, the Company will need to raise additional funds through future issuance of securities or debt financing. Although the Company has raised funds in the past, there can be no assurance the Company will be able to raise sufficient funds in the future, in which case the Company may be unable to meet its obligations as they come due in the normal course of business. It is not possible to predict whether financing efforts will be successful or if the Company will attain a profitable level of operations. The current cash resources are not adequate to pay the Company’s accounts payable and to meet its minimum commitments at the date of these consolidated financial statements, including planned corporate and administrative expenses, and other project implementation costs, accordingly, there is significant doubt about the Company’s ability to continue as a going concern. These consolidated financial statements do not give effect to adjustments that would be necessary to the carrying amounts and classifications of assets and liabilities should the Company be unable to continue as a going concern.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
SIGNIFICANT ACCOUNTING POLICIES	a) Basis of Presentation These consolidated financial statements have been prepared on a historical cost basis except for financial instruments classified as available-for-sale that have been measured at fair value. Cost is the fair value of the consideration given in exchange for net assets. b) Statement of Compliance These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). These consolidated financial statements were approved and authorized for issue by the Board of Directors on May 1, 2019 c) Basis of Consolidation These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries (collectively, the “Company”). Intercompany balances and transactions are eliminated in preparing the consolidated financial statements. The following companies have been consolidated within these consolidated financial statements: Entity Country of Incorporation Holding Functional Currency Digatrade Financial Corp. Canada Parent Company Canadian Dollar Digatrade Limited Canada 100% Canadian Dollar Digatrade (UK) Limited United Kingdom 100% Pounds Sterling Digatrade Limited USA 100% US Dollar Securter Systems Corp. Canada 100% Canadian Dollar d) Foreign Currency These consolidated financial statements are presented in Canadian dollars, which is also the functional currency of the parent company. Each subsidiary determines its own functional currency (Note 2(c)) and items included in the financial statements of each subsidiary are measured using that functional currency. i. Transactions and Balances in Foreign Currencies Foreign currency transactions are translated into the functional currency of the respective entity using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the re-measurement of monetary items at year-end exchange rates are recognized in profit or loss. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and are not retranslated. Non-monetary items measured at fair value are translated using the exchange rate at the date when fair value was determined. ii. Foreign Operations On consolidation, the assets and liabilities of foreign operations are translated into Canadian dollars at the exchange rate prevailing at the reporting date and their revenues and expenses are translated at exchange rates prevailing at the dates of the transactions. The exchange differences arising on the translation are recognized in other comprehensive income and accumulated in the currency translation reserve in equity. On disposal of a foreign operation, the component of other comprehensive income relating to that particular foreign operation is recognized in earnings and recognized as part of the gain or loss on disposal. e) Financing and Finder’s Fees Financing and finder’s fees relating to financial instruments with a term of one year or less are expensed in the period incurred. For financial instruments with a term of over one year, the fees are netted against the financial instruments and amortized over the term of the financial instruments. f) Share Capital The Company records proceeds from share issuances, net of commissions and issuance costs. Shares issued for other than cash consideration are valued at the quoted price on the Over-the-Counter Bulletin Board in the United States based on the earliest of: (i) the date the shares are issued, and (ii) the date the agreement to issue the shares is reached. g) Loss per Share Basic loss per share is calculated by dividing net loss by the weighted average number of common shares issued and outstanding during the reporting period. Diluted loss per share is the same as basic loss per share, as the issuance of shares on the exercise of stock options and share purchase warrants is anti-dilutive. h) Share-Based Payments The fair value method of accounting is used for share-based payment transactions. Under this method, the cost of stock options and other share-based payments is recorded based on the estimated fair value using the Black-Scholes option-pricing model at the grant date and charged to profit over the vesting period. The amount recognized as an expense is adjusted to reflect the number of equity instruments expected to vest. Upon the exercise of stock options and other share-based payments, consideration received on the exercise of these equity instruments is recorded as share capital and the related share-based payment reserve is transferred to share capital. The fair value of unexercised equity instruments are transferred from reserve to retained earnings upon expiry. i) Revenue Recognition Revenue is comprised of consulting fees and commissions earned on trades executed on the digital currency trading platform. Consulting fee income is recognized as the consulting services are provided. Commission is considered earned when a trade is completed by the Company’s customers. As the platform is not yet fully live, commissions and consulting fees earned have been accounted for as a recovery of development costs incurred. j) Income Taxes Tax expense recognized in profit or loss comprises the sum of deferred tax and current tax not recognized in other comprehensive income or directly in equity. i. Current Income Tax Current income tax assets and liabilities comprise those claims from, or obligations to, fiscal authorities relating to the current or prior reporting periods that are unpaid at the reporting date. Current tax is payable on taxable profit, which differs from profit or loss in the consolidated financial statements. Calculation of current tax is based on tax rates and tax laws that have been enacted or substantively enacted by the end of the reporting period. ii. Deferred Income Tax Deferred income taxes are calculated using the liability method on temporary differences between the carrying amounts of assets and liabilities and their tax bases. Deferred tax assets and liabilities are calculated, without discounting, at tax rates that are expected to apply to their respective period of realization, provided they are enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognized to the extent that it is probable that they will be able to be utilized against future taxable income. Deferred tax assets and liabilities are offset only when the Company has a right and intention to offset current tax assets and liabilities from the same taxation authority. Changes in deferred tax assets or liabilities are recognized as a component of tax income or expense in profit or loss, except where they relate to items that are recognized in other comprehensive income or directly in equity, in which case the related deferred tax is also recognized in other comprehensive income or equity, respectively. k) Financial Instruments Financial assets and financial liabilities are recognized when the Company becomes a party to the contractual provisions of the financial instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities classified at fair value through profit or loss) are added to, or deducted from, the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities classified at fair value through profit or loss are recognized immediately in profit or loss. Financial assets and financial liabilities are measured subsequently as described below. The Company does not have any derivative financial instruments. i) Financial Assets For the purpose of subsequent measurement, financial assets other than those designated and effective as hedging instruments are classified into the following categories upon initial recognition: ● Financial assets at fair value through profit or loss; ● Loans and receivables; ● Held-to-maturity investments; and ● Available-for-sale financial assets. The category determines subsequent measurement and whether any resulting income and expense is recognized in profit or loss or in other comprehensive income. All financial assets except for those at fair value through profit or loss are subject to review for impairment at least at each reporting date. Financial assets are impaired when there is any objective evidence that a financial asset or a group of financial assets is impaired. Different criteria to determine impairment are applied for each category of financial assets, which are described below. ● Financial assets at fair value through profit or loss ● Loans and receivables ● Held-to-maturity investments Held-to-maturity investments are measured subsequently at amortized cost using the effective interest method. If there is objective evidence that the investment is impaired as determined by reference to external credit ratings, then the financial asset is measured at the present value of estimated future cash flows. Any changes to the carrying amount of the investment, including impairment losses, are recognized in profit or loss. ● Available-for-sale financial assets For financial assets measured at amortized cost, if, in a subsequent period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognized, then the previously recognized impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date the impairment is reversed does not exceed what the amortized cost would have been had the impairment not been recognized. In respect of available-for-sale financial assets, impairment losses previously recognized in profit or loss are not reversed through profit or loss. Any increase in fair value subsequent to an impairment loss is recognized in other comprehensive income and accumulated in the revaluation reserve. Financial assets are derecognized when the contractual rights to the cash flows from the financial asset expire, or when the financial asset and all substantial risks and rewards are transferred. ii) Financial Liabilities For the purpose of subsequent measurement, financial liabilities are classified as either financial liabilities at fair value through profit or loss, or other financial liabilities upon initial recognition. ● Financial liabilities at fair value through profit or loss ● Other financial liabilities A financial liability is derecognized when it is extinguished, discharged, cancelled or expired.

SIGNIFICANT ACCOUNTING JUDGEMEN

SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONS	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
SIGNIFICANT ACCOUNTING JUDGEMENTS, ESTIMATES AND ASSUMPTIONS	In the application of the Company’s accounting policies which are described in Note 2, management is required to make judgments, estimates, and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods. Significant judgments, estimates, and assumptions that have the most significant effect on the amounts recognized in the consolidated financial statements are described below. Deferred Tax Assets Deferred tax assets, including those arising from unutilized tax losses, require management to assess the likelihood that the Company will generate sufficient taxable earnings in future periods in order to utilize recognized deferred tax assets. Assumptions about the generation of future taxable profits depend on management’s estimates of future cash flows. In addition, future changes in tax laws could limit the ability of the Company to obtain tax deductions in future periods. To the extent that future cash flows and taxable income differ significantly from estimates, the ability of the Company to realize the net deferred tax assets recorded at the reporting date could be impacted.

ACCOUNTING STANDARDS ISSUED BUT

ACCOUNTING STANDARDS ISSUED BUT NOT YET EFFECTIVE	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
ACCOUNTING STANDARDS ISSUED BUT NOT YET EFFECTIVE	A number of new accounting standards, amendments to standards, and interpretations have been issued but not yet effective as of December 31, 2018. The Company is assessing the impact of these new standards, but does not expect them to have a significant effect on the consolidated financial statements. Pronouncements that are not applicable or do not have a significant impact to the Company have been excluded herein. IFRS 16 – Leases IFRS 16 provides a single lessee accounting model, requiring the recognition of assets and liabilities for all leases, unless the lease term is 12 months or less or the underlying asset has a low value. Lessor accounting remains largely unchanged from IAS 17 “Leases”, and the distinction between operating and finance leases is retained. The standard is effective for annual period beginning on or after January 1, 2019. The Company has not yet determined the impact of this standard on its consolidated financial statements.

PREPAID EXPENSES

PREPAID EXPENSES	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
PREPAID EXPENSES	As at March 31, 2018 and December 31, 2017, the Company had the following prepaid expenses: March 31, 2019 December 31, 2018 $ $ Market Registration Fees 4,376 8,751 Legal Retainer 7,366 13,460 11,742 22,211

TRADE AND OTHER PAYABLES

TRADE AND OTHER PAYABLES	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
TRADE AND OTHER PAYABLES	As at March 31, 2019 and December 31, 2018, the Company had the following amounts due to creditors: March 31, 2019 December 31, 2018 $ $ Trade Payables 38,670 63,279 Accrued Liabilities 68,901 66,000 106,761 129,279

CONVERTIBLE PROMISSORY NOTES PA

CONVERTIBLE PROMISSORY NOTES PAYABLE	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
CONVERTIBLE PROMISSORY NOTES PAYABLE	Balance, December 31, 2018 648,851 Issuances 242,685 Repayments (33,058 ) Conversions to Common Shares (79,799 ) Interest Accrued 12,926 Unrealized Foreign Exchange Adjustment (13,971 ) Balance, March 31, 2019 777,634 On January 29, 2019, the Company issued a convertible promissory note in the amount of $57,798 (US$44,000). The note is unsecured, bears interest at 10% per annum from the date of issuance and matures on January 29, 2020. On January 29, 2019, the Company issued a convertible promissory note in the amount of $56,309 (US$43,000). The note is unsecured, bears interest at 12% per annum from the date of issuance and matures on November 15, 2019. On March 5, 2019, the Company issued a convertible promissory note in the amount of $71,126 (US$53,000). The note is unsecured, bears interest at 12% per annum from the date of issuance and matures on January 15, 2020. On March 28, 2019, the Company issued a convertible promissory note in the amount of $57,461 (US$43,000). The note is unsecured, bears interest at 12% per annum from the date of issuance and matures on January 30, 2020. Any amount of interest or principal that is not paid on the maturity date bears interest at 22% to 24% per annum from the maturity date to the date of payment. Any amount of principal and/or interest that is unpaid may be converted, at the option of the holder, in whole or in part into common share of the Company at a price equal to 61% of the lowest closing bid price for the Company’s stock as reported on the OTC during the fifteen trading days prior to a Notice of Conversion. The Company may prepay the principal and all accrued interest at any time between the date of issuance and the maturity date, together with a prepayment premium of between 15% and 40% of the amount prepaid, determined by reference to the date of repayment. On January 31, 2019, the Company repaid $33,058 (US$25,500), being the outstanding balance of a convertible promissory note issued to a consultant during 2018 During the period ended March 31, 2019 the Company converted a portion of a convertible promissory note totaling $79,799 (US$61,630) and issued 14,662,819 common shares of the Company.

SHARE CAPITAL

SHARE CAPITAL	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
SHARE CAPITAL	a) Authorized Capital Unlimited number of common shares, participating, voting (voting right of 1 vote per share), with no par value. 1,100,000 Class “B” common shares, non-participating, voting (voting right of 1,000 votes per share), with no par value. b) Issued and Outstanding Common Shares i. Effective June 8, 2016, the common shares of the Company were consolidated at the ratio of one new common share for every 50 old common shares. The Company issued 12,306 shares to round up fractional entitlements resulting from the consolidation. The number of common shares and basic profit or loss per share calculations disclosed in these financial statements have been adjusted to reflect the retroactive application of this share consolidation. ii. During the period ended March 31, 2019 the Company issued 14,662,819 common shares pursuant to the conversion of a portion of a convertible promissory note. c) Issuance of Common series B shares On January 2, 2019, the Company passed a resolution to increase the authorized number of Class “B” common shares from 100,000 to 1,100,000. On the same day, the Company issued 1,000,000 Class “B” common shares at $0.0001 per share for total proceeds of $100 to a shareholder who is also a Director and Officer of the Company. d) Share Purchase Warrants As at March 31, 2019 and December 31, 2018, the Company had no share purchase warrants outstanding e) Escrow Shares On September 19, 2014, the Company entered into an escrow agreement with a creditor. The Company agreed to pay the creditor $2,500 upon signing of the agreement and to issue 75,000 shares (1,500 post-consolidation shares) to be held in escrow. The Company was obligated to pay the creditor a further $7,334 (US$6,687) forty five days after the Company’s stock becomes DWAC-eligible. On December 22, 2016, the Company paid $5,374 (US$4,000) and the creditor agreed to release the shares from escrow. As of March 31, 2019, the 1,500 shares were held in trust by the corporate lawyer and have not been returned to the Company’s Treasury.

COMMITMENTS

COMMITMENTS	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
COMMITMENTS	a) Finder’s Fee Agreement The Company has entered into various finder’s fee agreements whereby the Company is required to pay cash finder’s fee of 10% of all monies raised through these parties. The terms of these agreements are for periods of one year. b) Consulting Contracts i. On June 1, 2018 the Company entered into a consulting agreement for the provision of strategic business advisory services for a period of one year. The Company agreed to issue a convertible promissory note in the amount of US$50,000 and pay the consultant US$10,000 per month. (Notes 9(e)). ii. On October 22, 2018, the Company entered into a consulting contract with a Director for the provision of strategic business advisory services for a period of four months. The Company agreed to pay the Director $2,500 per month.

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2019
Stockbased Compensation Abstract
STOCK-BASED COMPENSATION	On February 14, 2019, the Company granted 5,750,000 stock options to directors of the Company and 4,250,000 stock options to consultants, recording a fair value of $60,000. The options have an exercise price of US$0.006 and expire on February 14, 2027.

RELATED PARTIES TRANSACTIONS

RELATED PARTIES TRANSACTIONS	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
RELATED PARTIES TRANSACTIONS	Balances and transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed. Details of transactions between the Company and other related parties, in addition to those transactions disclosed elsewhere in these consolidated financial statements, are described below. All related party transactions were in the ordinary course of business and were measured at their exchange amounts. b) Compensation of Key Management Personnel The Company incurred management fees for services provided by key management personnel for the three months ended March 31, 2019 and 2018 as described below. March 31, 2019 March 31, 2018 $ $ Management Fees 43,917 30,000 Stock-based Compensation 30,000 - 73,917 30,000

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
SUBSEQUENT EVENTS	a) Conversion of Convertible Promissory Note During the April 2019 the Company converted portions of certain convertible promissory notes totaling $169,791 (US$130,774) and issued 32,539,601 common shares of the Company. b) Issuance of Convertible Promissory Note On April 23, 2019, the Company issued a convertible promissory note in the amount of $84,552 (US$63,000). The note is unsecured, bears interest at 12% per annum from the date of issuance and matures on February 28, 2020. Any amount of interest or principal that is not paid on the maturity date bears interest at 22% to 24% per annum from the maturity date to the date of payment. Any amount of principal and/or interest that is unpaid may be converted, at the option of the holder, in whole or in part into common share of the Company at a price equal to 61% of the lowest closing bid price for the Company’s stock as reported on the OTC during the fifteen trading days prior to a Notice of Conversion. The Company may prepay the principal and all accrued interest at any time between the date of issuance and the maturity date, together with a prepayment premium of between 15% and 40% of the amount prepaid, determined by reference to the date of repayment.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
FINANCIAL INSTRUMENTS	The Company’s financial instruments are exposed to certain financial risks: a) Fair Values The carrying values of cash, bank indebtedness, accounts receivable, accounts payable and accrued liabilities, and amounts due to and from related parties approximate their fair value as at the balance sheet date. b) Liquidity Risk Liquidity risk refers to the risk that an entity will encounter difficulty meeting obligations associated with financial liabilities. The Company is dependent upon on the availability of credit from its suppliers and its ability to generate sufficient funds from equity and debt financing to meet current and future obligations. There can be no assurance that such financing will be available on terms acceptable to the Company. c) Credit Risks Credit risk is the risk of loss associated with a counter party’s inability to fulfill its payment obligations. Management considers that risks related to credit are not significant to the Company at this time. d) Interest rate risk Interest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market interest rates. Management considers that risks related to interest are not significant to the Company at this time. Amounts owed from and to related parties are non-interest bearing. e) Foreign Exchange Risk The Company operates in Canada and the United States and some of its material expenditures are payable in U.S. dollars. The Company is therefore subject to currency exchange risk arising from the degree of volatility of changes in exchange rates between the Canadian dollar and the U.S. dollar. The Company does not use derivative instruments to reduce its exposure to foreign currency risk.

CAPITAL MANAGEMENT

CAPITAL MANAGEMENT	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
CAPITAL MANAGEMENT	The Company’s objective for managing its capital structure is to safeguard the Company’s ability to continue as a going concern and to ensure it has the financial capacity, liquidity and flexibility to fund its on-going operations and capital expenditures including investment in resource properties it has or may acquire. The Company manages its share capital as capital, which as at March 31, 2019 totaled $6,190,462 (December 31, 2018 - $6,047,999). At this time the Company’s access to the debt market is limited and it relies on equity issuances and the support of shareholders to fund its investments in capital assets and resource properties. The Company monitors capital to maintain a sufficient working capital position to fund annualized administrative expenses and capital investments. The Company’s share capital is not subject to external restrictions. The Company has not paid or declared any dividends since the date of incorporation, nor are any contemplated in the foreseeable future. There were no changes in the Company’s approach to capital management during three months ended March 31, 2019. As at March 31, 2019 the Company had a working capital deficiency of 387,672. The Company will issue shares and may from time to time adjust its capital spending to maintain or adjust the capital structure. There can be no assurance that the Company will be able to obtain debt or equity capital in the case of operating cash deficits. The Company’s share capital is not subject to external restrictions. The Company has not paid or declared any dividends since the date of incorporation, nor are any contemplated in the foreseeable future. There were no changes in the Company’s approach to capital management during the period ended March 31, 2019.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Basis of Presentation	These consolidated financial statements have been prepared on a historical cost basis except for financial instruments classified as available-for-sale that have been measured at fair value. Cost is the fair value of the consideration given in exchange for net assets.
Statement of Compliance	These consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). These consolidated financial statements were approved and authorized for issue by the Board of Directors on May 1, 2019
Basis of Consolidation	These consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries (collectively, the “Company”). Intercompany balances and transactions are eliminated in preparing the consolidated financial statements. The following companies have been consolidated within these consolidated financial statements: Entity Country of Incorporation Holding Functional Currency Digatrade Financial Corp. Canada Parent Company Canadian Dollar Digatrade Limited Canada 100% Canadian Dollar Digatrade (UK) Limited United Kingdom 100% Pounds Sterling Digatrade Limited USA 100% US Dollar Securter Systems Corp. Canada 100% Canadian Dollar
Foreign Currency	These consolidated financial statements are presented in Canadian dollars, which is also the functional currency of the parent company. Each subsidiary determines its own functional currency (Note 2(c)) and items included in the financial statements of each subsidiary are measured using that functional currency. i. Transactions and Balances in Foreign Currencies Foreign currency transactions are translated into the functional currency of the respective entity using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the re-measurement of monetary items at year-end exchange rates are recognized in profit or loss. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and are not retranslated. Non-monetary items measured at fair value are translated using the exchange rate at the date when fair value was determined. ii. Foreign Operations On consolidation, the assets and liabilities of foreign operations are translated into Canadian dollars at the exchange rate prevailing at the reporting date and their revenues and expenses are translated at exchange rates prevailing at the dates of the transactions. The exchange differences arising on the translation are recognized in other comprehensive income and accumulated in the currency translation reserve in equity. On disposal of a foreign operation, the component of other comprehensive income relating to that particular foreign operation is recognized in earnings and recognized as part of the gain or loss on disposal.
Financing and Finder's Fees	Financing and finder’s fees relating to financial instruments with a term of one year or less are expensed in the period incurred. For financial instruments with a term of over one year, the fees are netted against the financial instruments and amortized over the term of the financial instruments.
Share Capital	The Company records proceeds from share issuances, net of commissions and issuance costs. Shares issued for other than cash consideration are valued at the quoted price on the Over-the-Counter Bulletin Board in the United States based on the earliest of: (i) the date the shares are issued, and (ii) the date the agreement to issue the shares is reached.
Loss per Share	Basic loss per share is calculated by dividing net loss by the weighted average number of common shares issued and outstanding during the reporting period. Diluted loss per share is the same as basic loss per share, as the issuance of shares on the exercise of stock options and share purchase warrants is anti-dilutive.
Share-Based Payments	The fair value method of accounting is used for share-based payment transactions. Under this method, the cost of stock options and other share-based payments is recorded based on the estimated fair value using the Black-Scholes option-pricing model at the grant date and charged to profit over the vesting period. The amount recognized as an expense is adjusted to reflect the number of equity instruments expected to vest. Upon the exercise of stock options and other share-based payments, consideration received on the exercise of these equity instruments is recorded as share capital and the related share-based payment reserve is transferred to share capital. The fair value of unexercised equity instruments are transferred from reserve to retained earnings upon expiry.
Revenue Recognition	Revenue is comprised of consulting fees and commissions earned on trades executed on the digital currency trading platform. Consulting fee income is recognized as the consulting services are provided. Commission is considered earned when a trade is completed by the Company’s customers. As the platform is not yet fully live, commissions and consulting fees earned have been accounted for as a recovery of development costs incurred.
Income Taxes	Tax expense recognized in profit or loss comprises the sum of deferred tax and current tax not recognized in other comprehensive income or directly in equity. i. Current Income Tax Current income tax assets and liabilities comprise those claims from, or obligations to, fiscal authorities relating to the current or prior reporting periods that are unpaid at the reporting date. Current tax is payable on taxable profit, which differs from profit or loss in the consolidated financial statements. Calculation of current tax is based on tax rates and tax laws that have been enacted or substantively enacted by the end of the reporting period. ii. Deferred Income Tax Deferred income taxes are calculated using the liability method on temporary differences between the carrying amounts of assets and liabilities and their tax bases. Deferred tax assets and liabilities are calculated, without discounting, at tax rates that are expected to apply to their respective period of realization, provided they are enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are always provided for in full. Deferred tax assets are recognized to the extent that it is probable that they will be able to be utilized against future taxable income. Deferred tax assets and liabilities are offset only when the Company has a right and intention to offset current tax assets and liabilities from the same taxation authority. Changes in deferred tax assets or liabilities are recognized as a component of tax income or expense in profit or loss, except where they relate to items that are recognized in other comprehensive income or directly in equity, in which case the related deferred tax is also recognized in other comprehensive income or equity, respectively.
Financial Instruments	Financial assets and financial liabilities are recognized when the Company becomes a party to the contractual provisions of the financial instrument. Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets and financial liabilities classified at fair value through profit or loss) are added to, or deducted from, the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities classified at fair value through profit or loss are recognized immediately in profit or loss. Financial assets and financial liabilities are measured subsequently as described below. The Company does not have any derivative financial instruments. i) Financial Assets For the purpose of subsequent measurement, financial assets other than those designated and effective as hedging instruments are classified into the following categories upon initial recognition: ● Financial assets at fair value through profit or loss; ● Loans and receivables; ● Held-to-maturity investments; and ● Available-for-sale financial assets. The category determines subsequent measurement and whether any resulting income and expense is recognized in profit or loss or in other comprehensive income. All financial assets except for those at fair value through profit or loss are subject to review for impairment at least at each reporting date. Financial assets are impaired when there is any objective evidence that a financial asset or a group of financial assets is impaired. Different criteria to determine impairment are applied for each category of financial assets, which are described below. ● Financial assets at fair value through profit or loss ● Loans and receivables ● Held-to-maturity investments Held-to-maturity investments are measured subsequently at amortized cost using the effective interest method. If there is objective evidence that the investment is impaired as determined by reference to external credit ratings, then the financial asset is measured at the present value of estimated future cash flows. Any changes to the carrying amount of the investment, including impairment losses, are recognized in profit or loss. ● Available-for-sale financial assets For financial assets measured at amortized cost, if, in a subsequent period, the amount of the impairment loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognized, then the previously recognized impairment loss is reversed through profit or loss to the extent that the carrying amount of the investment at the date the impairment is reversed does not exceed what the amortized cost would have been had the impairment not been recognized. In respect of available-for-sale financial assets, impairment losses previously recognized in profit or loss are not reversed through profit or loss. Any increase in fair value subsequent to an impairment loss is recognized in other comprehensive income and accumulated in the revaluation reserve. Financial assets are derecognized when the contractual rights to the cash flows from the financial asset expire, or when the financial asset and all substantial risks and rewards are transferred. ii) Financial Liabilities For the purpose of subsequent measurement, financial liabilities are classified as either financial liabilities at fair value through profit or loss, or other financial liabilities upon initial recognition. ● Financial liabilities at fair value through profit or loss ● Other financial liabilities A financial liability is derecognized when it is extinguished, discharged, cancelled or expired.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Consolidation	Entity Country of Incorporation Holding Functional Currency Digatrade Financial Corp. Canada Parent Company Canadian Dollar Digatrade Limited Canada 100% Canadian Dollar Digatrade (UK) Limited United Kingdom 100% Pounds Sterling Digatrade Limited USA 100% US Dollar Securter Systems Corp. Canada 100% Canadian Dollar

PREPAID EXPENSES (Tables)

PREPAID EXPENSES (Tables)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Prepaid expenses	March 31, 2019 December 31, 2018 $ $ Market Registration Fees 4,376 8,751 Legal Retainer 7,366 13,460 11,742 22,211

TRADE AND OTHER PAYABLES (Table

TRADE AND OTHER PAYABLES (Tables)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Trade and other payables	March 31, 2019 December 31, 2018 $ $ Trade Payables 38,670 63,279 Accrued Liabilities 68,901 66,000 106,761 129,279

CONVERTIBLE PROMISSORY NOTES _2

CONVERTIBLE PROMISSORY NOTES PAYABLE (Tables)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Convertible promissory notes payable	$ Balance, December 31, 2018 648,851 Issuances 242,685 Repayments (33,058 ) Conversions to Common Shares (79,799 ) Interest Accrued 12,926 Unrealized Foreign Exchange Adjustment (13,971 ) Balance, March 31, 2019 777,634

RELATED PARTIES TRANSACTIONS (T

RELATED PARTIES TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2019
Notes to Financial Statements
Management fees	March 31, 2019 March 31, 2018 $ $ Management Fees 43,917 30,000 Stock-based Compensation 30,000 - 73,917 30,000

NATURE AND CONTINUANCE OF OPE_2

NATURE AND CONTINUANCE OF OPERATIONS (Details Narrative) - CAD ($)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Notes to Financial Statements
Country of incorporation	British Columbia, Canada
Date of incorporation	December 28, 2000
Accumulated losses	$ (6,584,682)	$ (6,298,936)
Working capital deficiency	$ (387,672)

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Mar. 31, 2019
Disclosure of subsidiaries [line items]
Country of incorporation	British Columbia, Canada
Digatrade Financial Corp.
Disclosure of subsidiaries [line items]
Entity	Digatrade Financial Corp.
Country of incorporation	Canada
Holding		[1]
Functional currency	Canadian Dollar
Digatrade Limited
Disclosure of subsidiaries [line items]
Entity	Digatrade Limited
Country of incorporation	Canada
Holding	100.00%
Functional currency	Canadian Dollar
Digatrade (UK) Limited
Disclosure of subsidiaries [line items]
Entity	Digatrade (UK) Limited
Country of incorporation	United Kingdom
Holding	100.00%
Functional currency	Pounds Sterling
Digatrade Limited
Disclosure of subsidiaries [line items]
Entity	Digatrade Limited
Country of incorporation	USA
Holding	100.00%
Functional currency	US Dollar
[1]	Parent Company

PREPAID EXPENSES (Details)

PREPAID EXPENSES (Details) - CAD ($)	Mar. 31, 2019	Dec. 31, 2018
DisclosureOfPrepaidExpensesLineItems [Line Items]
Prepaid expenses	$ 11,742	$ 22,211
Market Registration Fees
DisclosureOfPrepaidExpensesLineItems [Line Items]
Prepaid expenses	4,376	8,751
Legal Retainer
DisclosureOfPrepaidExpensesLineItems [Line Items]
Prepaid expenses	$ 7,366	$ 13,460

TRADE AND OTHER PAYABLES (Detai

TRADE AND OTHER PAYABLES (Details) - CAD ($)	Mar. 31, 2019	Dec. 31, 2018
Notes to Financial Statements
Trade payables	$ 38,670	$ 63,279
Accrued liabilities	68,901	66,000
Trade and other payables	$ 106,761	$ 129,279

CONVERTIBLE PROMISSORY NOTES _3

CONVERTIBLE PROMISSORY NOTES PAYABLE (Details)	3 Months Ended
	Mar. 31, 2019CAD ($)
Notes to Financial Statements
Beginning balance	$ 648,851
Issuances	242,685
Repayments	(33,058)
Conversions to common shares	(79,799)
Interest accrued	12,926
Unrealized foreign exchange adjustment	(13,971)
Ending balance	$ 777,634

SHARE CAPITAL (Details Narrativ

SHARE CAPITAL (Details Narrative)	3 Months Ended
	Mar. 31, 2019shares
Common Shares
Disclosure of classes of share capital [line items]
Shares authorized		[1]
Par value	No par value
Shares held in trust	1,500
Class "B" Common Shares
Disclosure of classes of share capital [line items]
Shares authorized	100,000
Par value	No par value
[1]	Unlimited

RELATED PARTIES TRANSACTIONS (D

RELATED PARTIES TRANSACTIONS (Details) - CAD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Notes to Financial Statements
Management fees	$ 43,917	$ 30,000
Stock-based Compensation	30,000	0
Total	$ 73,917	$ 30,000

CAPITAL MANAGEMENT (Details Nar

CAPITAL MANAGEMENT (Details Narrative) - CAD ($)	Mar. 31, 2019	Dec. 31, 2018
Notes to Financial Statements
Share capital	$ 6,130,462	$ 6,047,999
Working capital deficiency	$ (387,672)