XML 9 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 187,516 $ 570,086
Accounts receivable less allowance for doubtful accounts $nil (December 31, 2015 - $nil) 37,869 44,948
Prepaid expenses (Note 3) 864,917 17,205
Total Current Assets 1,090,302 632,239
Equipment, net 5,314 6,314
Other assets (Note 4) 241,006 482,013
Security deposits 9,613 8,960
Deferred tax asset, less valuation allowance of $15,692 (December 31, 2015 - $17,898) (Note 8) 0 0
Total Assets 1,346,235 1,129,526
Current liabilities:    
Accounts payable 54,495 74,200
Accrued liabilities 62,318 71,026
Accounts payable and accrued liabilities - related party (Note 9) 19,170 32,566
Total Current Liabilities 135,983 177,792
Commitments (Note 7)
Stockholders' equity (Note 6):    
Common stock, no par value, unlimited shares authorized, 59,535,637 shares issued and outstanding (December 31, 2015 - 56,197,703) 20,847,644 19,334,290
Accumulated deficit (19,661,972) (18,407,136)
Accumulated other comprehensive income:    
Foreign currency translation adjustment 24,580 24,580
Total Stockholders' Equity 1,210,252 951,734
Total Liabilities and Stockholders' Equity $ 1,346,235 $ 1,129,526