Balance Sheet

v3.6.0.2
Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Mar. 31, 2016
ASSETS    
Cash $ 467,740 $ 40,108
Amounts receivable 15,762 4,996
Prepaid expenses 16,628
Due from related parties (Note 9) 62,182 50,747
Total Current Assets 562,312 95,851
Property and equipment (Note 3) 845,112
Intangible assets (Note 4) 11,709,696 12,366,555
Total Assets 13,117,720 12,462,406
Current Liabilities    
Accounts payable and accrued liabilities (Notes 6 and 9) 1,146,254 821,515
Loan payable (Note 5) 426,206 625,574
Convertible debentures, net of unamortized discount of $nil and $105,018, respectively (Note 6) 110,000 4,982
Current portion of note payable, net of unamortized discount of $72,091 and $33,000, respectively (Note 8) 4,927,909 3,967,000
Due to related parties (Note 9) 4,139,728 5,025,249
Derivative liabilities (Note 7) 620,125 816,216
Total Current Liabilities 11,370,222 11,260,536
Note payable, net of unamortized discount of $nil and $180,507, respectively (Note 8) 819,493
Total Liabilities 11,370,222 12,080,029
Nature of Operations and Continuance of Business (Note 1)
Commitments (Note 14)
Subsequent Events (Note 15)
Stockholders' Equity    
Preferred stock, 10,000,000 shares authorized, $0.001 par value Nil shares issued and outstanding
Common stock, 500,000,000 shares authorized, $0.001 par value 25,971,351 and 23,104,908 shares issued and outstanding, respectively 25,971 23,105
Common stock issuable (Note 10) 150,000
Subscriptions receivable (Note 10) (721,003)
Additional paid-in capital 65,192,943 60,219,306
Accumulated other comprehensive income 175,753 120,760
Deficit (62,926,766) (60,130,794)
Total Stockholders' Equity 1,746,898 382,377
Total Liabilities and Stockholders' Equity $ 13,117,120 $ 12,462,406

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