Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.7.0.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Income Statement    
Revenues
Operating Costs and Expenses    
Research and development expense 97,192 112,732
General and administrative expenses 190,733 154,328
Total operating costs and expenses 287,925 267,060
Income (loss) from operations (287,925) (267,060)
Other Income and Expenses    
Interest expense 74,471 3,869
Change in fair value of embedded derivative 10,000  
Gain (loss) on foreign exchange   5,062
Total other income and (expenses) (64,471) 1,193
Net income (loss) $ (352,396) $ (265,867)
Basic and diluted earnings (loss) per share $ (0.01) $ (0.01)
Weighted average common shares outstanding - basic and diluted 27,004,613 26,805,270