STOCK OPTIONS (Tables)
3 Months Ended 12 Months Ended
Jun. 30, 2018
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]    
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]  
These options at their respective grant dates were valued using the Black-Scholes option pricing model with the following key assumptions:
 
 
 
Expected life in
 
 
Risk
 
 
Dividend
 
 
Forfeiture
 
 
Expected
 
 
Grant date fair
 
Grant date
 
years
 
 
free rate
 
 
rate
 
 
rate
 
 
volatility
 
 
value
 
February 17, 2015
 
 
3.89
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
136,613
 
July 1, 2014
 
 
3.25
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
1,259,487
 
June 20, 2014
 
 
3.22
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
118,957
 
April 1, 2014
 
 
3.01
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
230,930
 
November 24, 2015
 
 
4.65
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
694,384
 
December 14, 2015
 
 
4.71
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
1,260,437
 
April 21, 2016
 
 
6.11
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
2,582,890
 
April 26, 2016
 
 
5.07
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
213,750
 
August 8, 2016
 
 
5.36
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
652,068
 
February 6, 2017
 
 
5.86
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
245,200
 
February 13, 2017
 
 
5.88
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
148,750
 
August 3, 2017
 
 
6.35
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
387,209
 
September 1, 2017
 
 
9.43
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
 
1,832,304
 
January 24, 2018
 
 
6.82
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
491,036
 
Share-based Compensation, Stock Options, Activity [Table Text Block]  
 
 
Number of Options
 
 
Weighted-Average
 Exercise Price ($)
 
Outstanding, March 31, 2017
 
 
9,903,650
 
 
 
0.59
 
Issued
 
 
17,855,354
 
 
 
0.155
 
Exercised
 
 
-
 
 
 
-
 
Expired
 
 
-
 
 
 
-
 
Cancelled
 
 
(2,159,126
)
 
 
0.65
 
Outstanding, March 31, 2018
 
 
25,599,878
 
 
 
0.50
 
Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]
The following is a summary of stock options outstanding and exercisable as of June 30, 2018:
 
Exercise Price ($)
  
Number of Options
  
Expiry Date
 
Exercisable Options
 
 0.165   154,134  April 1, 2021  154,134 
 0.23   94,368  June 20, 2021  94,368 
 0.23   1,981,728  July 1, 2021  1,981,728 
 0.23   141,557  February 17, 2022  141,557 
 1.22   400,000  November 24, 2022  266,667 
 1.00   1,936,667  December 14, 2022  1,633,333 
 0.95   111,937  March 28, 2023  111,937 
 1.05   433,027  March 28, 2023  433,027 
 1.00   250,000  April 26, 2023  166,667 
 1.00   250,000  August 8, 2023  250,000 
 0.70   400,000  February 6, 2024  133,333 
 0.68   250,000  February 13, 2024  250,000 
 0.95   31,620  March 3, 2024  31,620 
 1.05   122,324  March 3, 2024  122,324 
 0.95   6,324  March 14, 2024  6,324 
 1.05   24,465  March 14,2024  24,465 
 0.95   72,727  September 30, 2024  72,727 
 1.05   281,345  September 30, 2024  281,345 
 0.95   3,478  June 2, 2025  3,478 
 1.05   13,456  June 2, 2025  13,456 
 0.25   66,298  December 30, 2025  66,298 
 0.95   49,160  December 30, 2025  27,261 
 0.161   12,215,354  September 1, 2027  2,035,892 
 0.155   3,365,000  January 24, 2025  - 
 0.0649   6,000,000  April 19, 2028  6,000,000 
 0.0462   750,000  June 10, 2025  - 
     29,404,696     14,301,941 
The following is a summary of stock options outstanding and exercisable as of March 31, 2018:
 
Exercise Price ($)
 
 
Number of Options
 
 
Expiry Date
 
Exercisable Options
 
 
0.165
 
 
 
264,230
 
 
April 1, 2021
 
 
264,230
 
 
0.23
 
 
 
97,514
 
 
June 20, 2021
 
 
97,514
 
 
0.23
 
 
 
1,981,728
 
 
July 1, 2021
 
 
1,981,728
 
 
0.23
 
 
 
141,557
 
 
February 17, 2022
 
 
141,557
 
 
1.22
 
 
 
400,000
 
 
November 24, 2022
 
 
266,667
 
 
1.00
 
 
 
1,993,334
 
 
December 14, 2022
 
 
1,676,667
 
 
0.95
 
 
 
111,937
 
 
March 28, 2023
 
 
111,937
 
 
1.05
 
 
 
433,027
 
 
March 28, 2023
 
 
433,027
 
 
1.00
 
 
 
250,000
 
 
April 26, 2023
 
 
83,333
 
 
1.00
 
 
 
750,000
 
 
August 8, 2023
 
 
250,000
 
 
0.70
 
 
 
400,000
 
 
February 6, 2024
 
 
133,333
 
 
0.68
 
 
 
250,000
 
 
February 13, 2024
 
 
166,667
 
 
0.95
 
 
 
31,620
 
 
March 3, 2024
 
 
31,620
 
 
1.05
 
 
 
122,324
 
 
March 3, 2024
 
 
122,324
 
 
0.95
 
 
 
6,324
 
 
March 14, 2024
 
 
6,324
 
 
1.05
 
 
 
24,465
 
 
March 14, 2024
 
 
24,465
 
 
0.95
 
 
 
72,727
 
 
September 30, 2024
 
 
72,727
 
 
1.05
 
 
 
281,345
 
 
September 30, 2024
 
 
281,345
 
 
0.95
 
 
 
3,478
 
 
June 2, 2025
 
 
3,478
 
 
1.05
 
 
 
13,456
 
 
June 2, 2025
 
 
13,456
 
 
0.25
 
 
 
66,298
 
 
December 30, 2025
 
 
66,298
 
 
0.95
 
 
 
49,160
 
 
December 30, 2025
 
 
27,261
 
 
0.21
 
 
 
2,000,000
 
 
August 3, 2024
 
 
-
 
 
0.161
 
 
 
12,215,354
 
 
September 1, 2027
 
 
2,035,892
 
 
0.155
 
 
 
3,640,000
 
 
January 24, 2025
 
 
-
 
 
 
 
 
 
25,599,878
 
 
 
 
 
8,291,850
 
Schedule of Share-based Payment Award,Reclassification of Stock Options, Valuation Assumptions [Table Text Block]  
As the Company does not have sufficient authorized shares of common stock to cover its options issued, a valuation of these options was done at March 31, 2018 and the resulting liability of $1,451,393 has been recorded in the consolidated balance sheet as shares to be issued, stock options and warrants.
 
Grant Date
 
Expected Life
 
 
 
Risk Free

rate
 
 
 
Dividend

rate
 
 
 
Forfeiture

Rate
 
 
 
Expected

Volatility
 
 
Remeasured
Fair Value
 
February 17, 2015
 
 
3.89
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
135
%
 
$
7,122
 
July 1, 2014
 
 
3.25
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
135
%
 
$
90,472
 
June 20, 2014
 
 
3.22
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
135
%
 
$
4,428
 
April 1, 2014
 
 
3.01
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
135
%
 
$
12,437
 
November 24, 2015
 
 
4.65
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
135
%
 
$
16,327
 
December 14, 2015
 
 
4.71
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
135
%
 
$
85,833
 
April 21, 2016
 
 
6.39
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
118
%
 
$
53,853
 
April 26, 2016
 
 
5.07
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
11,430
 
August 8, 2016
 
 
5.36
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
35,722
 
February 6, 2017
 
 
5.86
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
16,969
 
February 13, 2017
 
 
5.88
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
10,703
 
August 3, 2017
 
 
6.35
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
109,970
 
September 1, 2017
 
 
9.43
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
782,966
 
January 24, 2018
 
 
6.82
 
 
 
1.59
%
 
 
0
%
 
 
0
%
 
 
114
%
 
$
213,161
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1,451,393