XML 50 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 3 Months Ended 12 Months Ended 116 Months Ended 119 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Dec. 31, 2013
Expenses            
Accounting and audit fees $ 73,325 $ 67,000 $ 136,758 $ 139,761 $ 798,872 $ 872,197
Amortization and depreciation 192 465 576 1,858 5,631 5,823
Bank charges and interest 704 490 4,397 5,963 46,704 47,408
Consulting fees 51,000 135,411 271,898 1,155,366 12,015,989 12,066,989
Insurance 16,125 0 16,125 10,844 75,121 91,246
Investor relations 26,991 18,600 128,575 108,138 960,282 987,273
Legal fees 32,818 57,544 176,318 142,923 846,343 879,161
Management fees 0 0 0 0 14,625 14,625
Office and miscellaneous expense 2,310 0 4,019 9,147 151,703 154,013
Registration and filing fees 12,457 9,354 33,634 26,794 188,032 200,489
Rent and administration 12,000 0 12,000 0 236,670 248,670
Research and development 5,180 127,003 263,847 2,653,860 12,822,796 12,827,976
Salaries and wages 64,482 0 1,067,294 0 1,067,294 1,131,776
Travel 12,024 0 19,695 66,837 760,850 772,874
Website design and maintenance 0 0 2,231 0 30,648 30,648
Loss before other income (expense) (309,608) (415,867) (2,137,367) (4,321,491) (30,021,560) (30,331,168)
Other income (expenses)            
Interest and financing fees (3,287) (10,225) (51,341) (138,341) (677,362) (680,649)
Accretion of debt discount 0 0 0 (98,081) (2,174,661) (2,174,661)
Change in fair value of derivative liability 683,000 0 15,000 67,500 (448,274) 234,726
Debt conversion expense 0 0 0 0 (504,160) (504,160)
Loss on settlement of accounts payable 0 0 (976,880) 0 (1,754,933) (1,754,933)
Loss on extinguishment of debt 0 0 (495,328) (3,829,333) (5,010,868) (5,010,868)
Foreign exchange loss (11,468) (27,425) (54,130) 18,041 (62,350) (73,818)
Gain (loss) for the period $ 358,637 $ (453,517) $ (3,700,046) $ (8,301,705) $ (40,654,168) $ (40,295,531)
Income (loss) per share            
Basic $ 0.01 $ 0.01        
Diluted $ (0.01) $ (0.01) $ (0.12) $ (0.29)    
Weighted average number of shares outstanding            
Basic 37,484,793 30,240,687        
Diluted 43,933,759 30,240,687 31,908,441 28,168,784