Transition report pursuant to Rule 13a-10 or 15d-10

Consolidated Statements of Changes in Shareholders' Equity (Deficiency)

v3.5.0.1
Consolidated Statements of Changes in Shareholders' Equity (Deficiency) - USD ($)
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Shares To Be Issued [Member]
Deficit [Member]
Accumulated Other Comprehensive Income [Member]
Opening Balance at Mar. 31, 2014 $ (774,626) $ 0 $ 36,622 $ 1,736,247 $ 0 $ (2,589,235) $ 41,740
Opening Balance (in shares) at Mar. 31, 2014   0 36,621,885        
Issuance of common shares for cash 2,616,062 $ 0 $ 10,792 2,605,270 0 0 0
Issuance of common shares for cash (in shares)   0 10,792,335        
Share issue costs (11,609) $ 0 $ 0 (11,609) 0 0 0
Shares issues on conversion of loans 239,746 $ 0 $ 1,012 238,734 0 0 0
Shares issues on conversion of loans (in shares)   0 1,012,142        
Beneficial conversion feature 27,677 $ 0 $ 0 27,677 0 0 0
Shares issued on exercise of stock options 228,875 $ 0 $ 1,311 227,564 0 0 0
Shares issued on exercise of stock options (in shares)   0 1,310,734        
Shares issued for services 0            
Share compensation expense 112,573 $ 0 $ 0 112,573 0 0 0
Share compensation expense (in shares)   0 0        
Net Income loss for the year/period (2,464,747) $ 0 $ 0 0 0 (2,464,747) 0
Foreign currency translation (24,390) 0 0 0 0 0 (24,390)
Closing Balance at Dec. 31, 2014 (50,439) $ 0 $ 49,737 4,936,456 0 (5,053,982) 17,350
Closing Balance (in shares) at Dec. 31, 2014   0 49,737,096        
Opening Balance at Mar. 31, 2014 (774,626) $ 0 $ 36,622 1,736,247 0 (2,589,235) 41,740
Opening Balance (in shares) at Mar. 31, 2014   0 36,621,885        
Shares issued for services 0            
Net Income loss for the year/period (10,098,893)            
Foreign currency translation 409            
Closing Balance at Mar. 31, 2015 (2,498,745) $ 0 $ 65,840 10,081,394 0 (12,688,128) 42,149
Closing Balance (in shares) at Mar. 31, 2015   1 65,839,563        
Opening Balance at Dec. 31, 2014 (50,439) $ 0 $ 49,737 4,936,456 0 (5,053,982) 17,350
Opening Balance (in shares) at Dec. 31, 2014   0 49,737,096        
Effect of the Reverse Acquisition 0 $ 0 $ 6,000 (6,000) 0 0 0
Effect of the Reverse Acquisition (in shares)   1 6,000,063        
Shares issued on private placement 4,789,404 $ 0 $ 9,840 4,779,564 0 0 0
Shares issued on private placement (in shares)   0 9,839,500        
Share compensation expense 371,637 $ 0 $ 263 371,374 0 0 0
Share compensation expense (in shares)   0 262,904        
Net Income loss for the year/period (7,634,146) $ 0 $ 0 0 0 (7,634,146) 0
Foreign currency translation 24,799 0 0 0 0 0 24,799
Closing Balance at Mar. 31, 2015 (2,498,745) $ 0 $ 65,840 10,081,394 0 (12,688,128) 42,149
Closing Balance (in shares) at Mar. 31, 2015   1 65,839,563        
Opening Balance at Dec. 31, 2014 (50,439) $ 0 $ 49,737 4,936,456 0 (5,053,982) 17,350
Opening Balance (in shares) at Dec. 31, 2014   0 49,737,096        
Shares issued for services (98,900)            
Net Income loss for the year/period (5,593,906)            
Foreign currency translation 24,799            
Closing Balance at Dec. 31, 2015 977,988 $ 0 $ 72,428 11,412,399 98,900 (10,647,888) 42,149
Closing Balance (in shares) at Dec. 31, 2015   1 72,428,313        
Opening Balance at Mar. 31, 2015 (2,498,745) $ 0 $ 65,840 10,081,394 0 (12,688,128) 42,149
Opening Balance (in shares) at Mar. 31, 2015   1 65,839,563        
Shares issued on private placement 0 $ 0 $ 6,568 (6,568) 0 0 0
Shares issued on private placement (in shares)   0 6,568,750        
Shares issued for services 98,900 $ 0 $ 0 0 98,900 0 0
Shares issued for services (in shares)   0 0        
Share compensation expense 1,337,593 $ 0 $ 20 1,337,573 0 0 0
Share compensation expense (in shares)   0 20,000        
Net Income loss for the year/period 2,040,240 $ 0 $ 0 0 0 2,040,240 0
Foreign currency translation 0 0 0 0 0 0 0
Closing Balance at Dec. 31, 2015 977,988 $ 0 $ 72,428 11,412,399 98,900 (10,647,888) 42,149
Closing Balance (in shares) at Dec. 31, 2015   1 72,428,313        
Opening Balance at Mar. 31, 2015 (2,498,745) $ 0 $ 65,840 10,081,394 0 (12,688,128) 42,149
Opening Balance (in shares) at Mar. 31, 2015   1 65,839,563        
Shares issued for services 0            
Net Income loss for the year/period 1,036,148            
Foreign currency translation 0            
Closing Balance at Mar. 31, 2016 263,906 $ 0 $ 72,591 11,801,146 0 (11,651,980) 42,149
Closing Balance (in shares) at Mar. 31, 2016   1 72,591,292        
Opening Balance at Dec. 31, 2015 977,988 $ 0 $ 72,428 11,412,399 98,900 (10,647,888) 42,149
Opening Balance (in shares) at Dec. 31, 2015   1 72,428,313        
Shares issued for services 0 $ 0 $ 117 169,583 (98,900) 0 0
Shares issued for services (in shares)   0 117,471        
Cashless exercise of warrants 60,966 $ 0 $ 46 60,920 0 0 0
Cashless exercise of warrants (in shares)   0 45,508        
Share compensation expense 158,244 $ 0 $ 0 158,244 0 0 0
Share compensation expense (in shares)   0 0        
Net Income loss for the year/period (1,004,092) $ 0 $ 0 0 0 (1,004,092) 0
Foreign currency translation 0 0 0 0 0 0 0
Closing Balance at Mar. 31, 2016 $ 263,906 $ 0 $ 72,591 $ 11,801,146 $ 0 $ (11,651,980) $ 42,149
Closing Balance (in shares) at Mar. 31, 2016   1 72,591,292