XML 13 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating expenses:    
General and administrative $ 4,447,781 $ 3,181,927
Research and development 1,711,177 189,000
Loss from Operations (6,158,958) (3,370,927)
Other Income (Expense)    
Foreign exchange (loss) gain 775 (52,976)
Changes in fair value of derivative liabilities (27,872,585) 581
Accretion of discount on convertible notes   (492,296)
Interest and financing charges (10,925) (83,247)
Loss on extinguishment of debt   (26,884,231)
Loss on settlement agreement (24,697)  
Net Loss for the Period (34,066,390) (30,883,096)
Other comprehensive income    
Foreign exchange translation adjustment   58,334
TOTAL COMPREHENSIVE LOSS $ (34,066,390) $ (30,824,762)
Basic and Diluted Net Loss per Share $ (0.78) $ (2.00)
Weighted Average Number of Common Shares Outstanding 43,947,067 15,465,213