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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUE $ 0 $ 0 $ 0 $ 0
OPERATING AND ADMINISTRATIVE EXPENSES        
Research and development 120,180 290,577 258,992 227,812
General and administrative 351,409 206,079 870,517 590,417
Goodwill impairment 0 404,169
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 471,589 496,656 1,129,509 1,222,398
LOSS FROM OPERATIONS (471,589) (496,656) (1,129,509) (1,222,398)
OTHER (EXPENSE) INCOME        
Interest income 7,928 279 8,112 279
Interest expense - stockholder (1,767) (7,162)
Realized loss on foreign exchange transactions 543 (6,599)
Realized loss on marketable securities (92) (92)
Change in fair value of derivative liability 12,661 (26,887) 12,544 (28,394)
TOTAL OTHER (EXPENSE) INCOME 20,497 (27,832) 20,564 (41,875)
NET LOSS (451,092) (524,488) (1,108,945) (1,264,273)
COMPREHENSIVE LOSS        
Net unrealized loss on marketable securities (3,163) (3,163)
Foreign exchange translation gain 8,916 21,868 10,946 22,292
TOTAL COMPREHENSIVE LOSS $ (445,339) $ (502,620) $ (1,101,162) $ (1,241,981)
Net loss per share - Basic and Diluted (in dollars per share) $ (0.04) $ (0.08) $ (0.11) $ (0.71)
Weighted average common shares - Basic and Diluted (in shares) 10,261,419 6,612,838 10,261,419 1,781,338