Annual report pursuant to Section 13 and 15(d)

STOCK OPTIONS (Tables)

v3.19.2
STOCK OPTIONS (Tables)
12 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] These options at their respective grant dates were valued using the Black-Scholes option pricing model with the following key assumptions:
 
 
 
Expected life
 
 
Risk free
 
 
Dividend
 
 
Forfeiture
 
 
Expected
 
 
Grant date
 
Grant date
 
in years
 
 
Rate
 
 
Rate
 
 
Rate
 
 
volatility
 
 
fair value
 
February 17, 2015
 
 
2.89
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
136,613
 
July 1, 2014
 
 
2.25
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
1,259,487
 
June 20, 2014
 
 
2.22
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
118,957
 
November 24, 2015
 
 
3.65
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
694,384
 
December 14, 2015
 
 
3.71
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
1,260,437
 
April 21, 2016
 
 
5.11
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
2,582,890
 
April 26, 2016
 
 
4.07
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
213,750
 
February 6, 2017
 
 
4.86
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
245,200
 
February 13, 2017
 
 
4.88
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
148,750
 
September 1, 2017
 
 
8.43
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
1,832,304
 
January 24, 2018
 
 
5.82
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
491,036
 
April 30, 2018
 
 
9.06
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
363,714
 
June 11, 2018
 
 
6.20
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
30,341
 
Share-based Compensation, Stock Options, Activity [Table Text Block]
 
 
Number of

Options
 
 
Weighted-Average

Exercise Price
 
Outstanding, March 31, 2018
 
 
170,675
 
 
 
75.00
 
Issued
 
 
45,000
 
 
 
9.42
 
Cancelled
 
 
(32,679
)
 
 
65.93
 
Outstanding, March 31, 2019
 
 
182,996
 
 
 
37.73
 
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]
The following is a summary of stock options outstanding and exercisable as of March 31, 2019:
  
Exercise Price ($)
 
 
Number of Options
 
 
Expiry Date
 
Exercisable Options
 
 
34.500
 
 
 
630
 
 
20-Jun-21
 
 
630
 
 
34.500
 
 
 
13,212
 
 
01-Jul-21
 
 
13,212
 
 
34.500
 
 
 
944
 
 
17-Feb-22
 
 
944
 
 
183.000
 
 
 
2,667
 
 
24-Nov-22
 
 
2,667
 
 
150.000
 
 
 
11,400
 
 
14-Dec-22
 
 
11,400
 
 
142.500
 
 
 
359
 
 
28-Mar-23
 
 
359
 
 
157.500
 
 
 
1,387
 
 
28-Mar-23
 
 
1,387
 
 
150.000
 
 
 
1,112
 
 
26-Apr-23
 
 
1,112
 
 
105.000
 
 
 
2,667
 
 
06-Feb-24
 
 
1,778
 
 
102.000
 
 
 
1,667
 
 
13-Feb-24
 
 
1,667
 
 
142.500
 
 
 
106
 
 
03-Mar-24
 
 
106
 
 
157.500
 
 
 
408
 
 
03-Mar-24
 
 
408
 
 
142.500
 
 
 
43
 
 
14-Mar-24
 
 
43
 
 
157.500
 
 
 
164
 
 
14-Mar-24
 
 
164
 
 
142.500
 
 
 
485
 
 
30-Sep-24
 
 
485
 
 
157.500
 
 
 
1,876
 
 
30-Sep-24
 
 
1,876
 
 
142.500
 
 
 
24
 
 
02-Jun-25
 
 
24
 
 
157.500
 
 
 
90
 
 
02-Jun-25
 
 
90
 
 
37.500
 
 
 
221
 
 
30-Dec-25
 
 
221
 
 
142.500
 
 
 
164
 
 
30-Dec-25
 
 
164
 
 
24.150
 
 
 
81,436
 
 
01-Sep-27
 
 
27,148
 
 
23.250
 
 
 
16,934
 
 
24-Jan-25
 
 
5,867
 
 
9.735
 
 
 
40,000
 
 
19-Apr-28
 
 
40,000
 
 
6.930
 
 
 
5,000
 
 
10-Jun-25
 
 
-
 
 
 
 
 
 
182,996
 
 
 
 
 
111,752