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Share Capital and Share Premium (Tables)
6 Months Ended
Jun. 30, 2018
Disclosure of classes of share capital [abstract]  
Authorised share capital

 

June 30,

December 31,

 

2018

2017

Authorised share capital:

 

 

500,000,000 Common Shares of par value $0.004 each

2,000

2,000

100,000,000 Class B common shares of par value $0.001 each

100

100

100,000,000 Preferred shares of par value $0.001 each

100

100

Total authorised share capital

2,200

2,200

 

Common shares issued and fully paid

Common Shares issued and fully paid

Number of shares

USD

As at January 1, 2018

31,630,419

126

Issued during the period for share based compensation (Note 9)

33,274

-

Issuance of common stocks due to exercise of warrants

375,000

2

As at June 30, 2018

32,038,693

128

Common Shares issued and fully paid

Number of shares

USD

As at January 1, 2017

2,627,674

10

Issued during the period for share based compensation (Note 9)

2,599

-

Issuance of common stocks (Note 4)

25,000,000

100

Issuance of common stocks due to exercise of warrants

7,000

-

As at June 30, 2017

27,637,273

110