| Condensed Financial Statements [Table Text Block] |
| |
Quarter ended |
| |
August 31, 2017 |
| |
|
|
| |
Prior to |
|
| |
Restatement |
Restated |
| |
$ |
$ |
|
Consolidated Balance Sheet:
|
|
|
| Secured convertible debentures, net of deferred financing costs |
1,821,807
|
1,596,083
|
| Derivative liabilities |
224,637
|
472,592
|
| Total Liabilities |
2,525,321
|
2,547,552
|
| Accumulated deficit |
(29,659,794)
|
(29,682,025)
|
| Total Stockholders' Deficiency |
(1,983,537)
|
(2,005,768)
|
|
Consolidated Statement of Operations and
Comprehensive Loss
|
Three months ended
August 31, 2017
|
| |
|
| |
Prior to |
|
| |
Restatement |
Restated |
| |
$ |
$ |
| Foreign currency translation (gain) |
79,535
|
80,021
|
| Total Operating Expenses |
530,768
|
531,254
|
| Loss from Operations |
(507,120)
|
(507,606)
|
| Change in fair value of derivative liabilities |
157,034
|
122,967
|
| Accretion |
-
|
(94,134)
|
| Other expense- Interest |
(150,629)
|
(82,928)
|
| Loss before Income Taxes |
(500,715)
|
(561,701)
|
| Net Loss |
(500,715)
|
(561,701)
|
| Comprehensive Loss |
(498,653)
|
(559,639)
|
| Loss per share-basic and diluted |
(0.010)
|
(0.010)
|
| |
|
|
|
Consolidated Statement of Operations and Comprehensive Loss
|
Nine months ended
August 31, 2017
|
| |
|
| Foreign currency translation (gain) |
72,246
|
73,210
|
| Total Operating Expenses |
1,659,795
|
1,660,759
|
| Loss from Operations |
(1,571,826)
|
(1,572,790)
|
| Change in fair value of derivative liabilities |
664,413
|
718,667
|
| Accretion |
-
|
(249,405)
|
| Other expense- Interest |
(453,768)
|
(279,729)
|
| Loss before Income Taxes |
(1,361,181)
|
(1,383,257)
|
| Net Loss |
(1,361,181)
|
(1,383,257)
|
| Comprehensive Loss |
(1,337,323)
|
(1,359,399)
|
| Loss per share-basic and diluted |
(0.020)
|
(0.022)
|
| |
|
|
|
Consolidated Statement of Cash Flows
|
Nine months ended |
| |
August 31, 2017 |
| Net loss |
(1,361,181)
|
(1,383,257)
|
| Foreign currency translation gain |
72,246
|
73,210
|
| Accretion |
174,038
|
249,404
|
| Change in fair value of derivative liabilities |
(664,413)
|
(718,667)
|
| Net cash used in operating activities |
(1,380,962)
|
(1,380,962)
|
|