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

INCOME TAXES (Details)

v3.5.0.1
INCOME TAXES (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2014
Mar. 31, 2016
Dec. 31, 2015
Components of net loss before income taxes consists of the following:        
U.S. $ 183,461 $ 0 $ 4,706,413 $ (2,372,510)
Canada (1,187,553) (2,464,747) (3,670,265) (3,221,396)
Net loss for the period before recovery of income taxes $ (1,004,092) $ (2,464,747) $ 1,036,148 $ (5,593,906)
Statutory rate 35.00% 26.50% 35.00% 35.00%
Expected income tax (recovery) expense $ (351,432) $ (653,158) $ 362,652 $ (1,957,867)
Tax rate changes and other basis adjustments (162,267) (29,109) 195,108 364,651
Change in fair value of derivative liability (304,835)   (2,709,894) (169,443)
Stock-based compensation 55,350 0 512,693 587,381
Non-deductible expenses (99,642) 193,305 (12,073) 227,068
Change in valuation allowance 862,826 488,962 1,651,514 948,210
Recovery of income taxes $ 0 $ 0 $ 0 $ 0