Quarterly report pursuant to Section 13 or 15(d)

CURRENT PERIOD RESTATEMENT (Tables)

v3.3.1.900
CURRENT PERIOD RESTATEMENT (Tables)
6 Months Ended
Jun. 30, 2015
Accounting Changes and Error Corrections [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]
Changes to the condensed consolidated interim balance sheet:
 
 
 
As previously
reported June
30, 2015
 
Restatement
Adjustment
 
Restated June
30, 2015
 
 
 
 
$
 
 
$
 
 
$
 
Warrant derivative liability
 
 
-
 
 
12,021,717
 
 
12,021,717
 
Total liabilities
 
 
230,352
 
 
12,021,717
 
 
12,252,069
 
 
 
 
 
 
 
 
 
 
 
 
Additional paid-in capital
 
 
17,924,377
 
 
(6,551,993)
 
 
11,372,384
 
Deficit
 
 
(8,720,022)
 
 
(5,469,724)
 
 
(14,189,746)
 
Total Shareholders' Equity (Deficiency)
 
 
9,318,912
 
 
(12,021,717)
 
 
(2,702,805)
 
Restatement to Prior Year Income [Table Text Block]
Changes to the condensed consolidated interim statements of operations and comprehensive loss for the three month period ended:
 
 
 
As previously
reported June
30, 2015
 
Restatement
Adjustment
 
Restated June
30, 2015
 
 
 
 
$
 
 
$
 
 
$
 
Change in fair value of warrant derivative liability
 
 
-
 
 
(917,749)
 
 
(917,749)
 
 
 
 
 
 
 
 
 
 
 
 
Net loss and comprehensive loss for the period
 
 
(2,418,910)
 
 
917,749
 
 
(1,501,161)
 
 
 
 
 
 
 
 
 
 
 
 
Loss per share - basic and diluted
 
 
(0.04)
 
 
0.02
 
 
(0.02)
 
 
Changes to the condensed consolidated interim statements of operations and comprehensive loss for the six month period ended:
 
 
 
As previously
reported June
30, 2015
 
Restatement
Adjustment
 
Restated June
30, 2015
 
 
 
 
$
 
 
$
 
 
$
 
Change in fair value of warrant derivative liability
 
 
-
 
 
5,469,724
 
 
5,469,724
 
 
 
 
 
 
 
 
 
 
 
 
Net loss and comprehensive loss for the period
 
 
(3,641,241)
 
 
(5,469,724)
 
 
(9,110,965)
 
 
 
 
 
 
 
 
 
 
 
 
Loss per share - basic and diluted
 
 
(0.06)
 
 
(0.10)
 
 
(0.16)
 
 
Changes to the condensed consolidated interim statements cash flows:
 
 
 
As previously
reported June
30, 2015
 
Restatement
Adjustment
 
Restated June
30, 2015
 
 
 
 
$
 
 
$
 
 
$
 
Net loss for the period
 
 
(3,666,040)
 
 
(5,469,724)
 
 
(9,135,764)
 
 
 
 
 
 
 
 
 
 
 
 
Change in fair value of warrant derivative liability
 
 
-
 
 
5,469,724
 
 
5,469,724