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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
OPERATING AND ADMINISTRATIVE EXPENSES        
Research and development $ 125,264 $ 333,862 $ 260,675 $ 524,276
General and administrative 380,000 351,263 898,604 767,533
TOTAL OPERATING AND ADMINISTRATIVE EXPENSES 505,264 685,125 1,159,279 1,291,809
LOSS FROM OPERATIONS (505,264) (685,125) (1,159,279) (1,291,809)
OTHER (EXPENSE) INCOME        
Interest income 260 69 1,206 1,650
Realized gain on marketable securities 1,568 4,435 1,568
Change in fair value of derivative liability 226,498 12,062 275,900 18,222
TOTAL OTHER INCOME (EXPENSES) 226,758 13,699 281,541 21,440
LOSS BEFORE TAX (278,506) (671,426) (877,738) (1,270,369)
INCOME TAX EXPENSE
NET LOSS (278,506) (671,426) (877,738) (1,270,369)
Other Comprehensive Loss - net of tax        
Net unrealized gain on marketable securities 3,541 3,466
Foreign exchange translation gain (loss) 291 503 (7,378) (324)
TOTAL COMPREHENSIVE LOSS $ (278,215) $ (667,382) $ (885,116) $ (1,267,227)
Net loss per share - Basic and Diluted $ (0.03) $ (0.07) $ (0.09) $ (0.12)
Weighted average common shares - Basic and Diluted 10,261,419 10,261,419 10,261,419 10,261,419