Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Interim Balance Sheets

v3.8.0.1
Condensed Consolidated Interim Balance Sheets - USD ($)
Sep. 30, 2017
Mar. 31, 2017
Current    
Cash and cash equivalents $ 136,080 $ 543,650
Accounts receivable, net of allowance for doubtful accounts of $16,349 (March 31, 2017 - $10,000) 37,196 383,903
Prepaid expenses and other receivables (Note 5) 169,287 228,047
Inventories (Note 6) 231,442 228,249
Due from related parties (Note 9(a)) 19,429 18,731
Total Current Assets 593,434 1,402,580
Equipment (Note 7) 196,231 227,421
Technology and other assets (Note 4) 4,860,690 5,030,624
Goodwill (Note 4) 22,308,275 22,308,275
Total Assets 27,958,630 28,968,900
Current    
Accounts Payable (Notes 9(b)) 957,360 784,726
Accrued liabilities (Notes 8 and 9(b)) 1,873,613 1,228,657
Customer advances 109,100 121,562
Demand Notes Payable (Note 8) 335,309 330,600
Promissory Notes payable (Note 8) 192,154 236,548
Convertible Loans Payable (Note 8(a) and (b)) 3,530,095 2,017,488
Deferred revenue 87,851 98,624
Total Current Liabilities 7,085,482 4,818,205
Shareholders’ Equity    
Common Shares, par value $0.001; Authorized - 250,000,000 (March 31, 2017 - 150,000,000); Issued and outstanding 53,885,279 and 47,909,336 Exchangeable Shares (March 31, 2017 - 48,885,107 and 47,909,336 Exchangeable Shares) (Notes 10 and 15) 101,794 96,794
Additional paid in capital 47,642,526 45,088,171
Shares to be issued (Note 10) 60,000 0
Deficit (26,973,321) (21,076,419)
Accumulated other comprehensive income 42,149 42,149
Total Shareholders’ Equity 20,873,148 24,150,695
Total Liabilities and Shareholders’ Equity 27,958,630 28,968,900
Special Voting Preferred Stock [Member]    
Shareholders’ Equity    
Preferred Stock, par value $0.001; Authorized 10,000,000 Special Voting Preferred Stock, par value $0.001; Authorized; Issued and outstanding - 1 (March 31, 2017 - 1) $ 0 $ 0