Quarterly report pursuant to Section 13 or 15(d)

Capital Stock (Details 1)

v3.6.0.2
Capital Stock (Details 1) - USD ($)
1 Months Ended 2 Months Ended 3 Months Ended 9 Months Ended
Dec. 31, 2016
Oct. 31, 2016
Aug. 31, 2016
May 31, 2016
Dec. 31, 2016
Dec. 31, 2016
Market price per share           $ 8.45
Exercise price per share           $ 7.00
Risk-free interest rate           1.27%
Contractual term (years)           5 years
Volatility           78.43%
Dividend rate           0.00%
Weighted average fair value per share           $ 5.63
Pre-modification            
Market price per share $ 3.73 $ 4.05 $ 3.33 $ 8.44 $ 3.51  
Exercise price per share $ 10.00 $ 8.15 $ 8.00 $ 7.37 $ 8.00  
Risk-free interest rate 0.44% 0.77% 1.10% 1.23% 1.88%  
Contractual term (years) 1 day 2 years 4 months 24 days 4 years 6 months 29 days 4 years 9 months 7 days 4 years 3 months 4 days  
Volatility 100.30% 93.00% 87.00% 79.00% 87.10%  
Dividend rate 0.00% 0.00% 0.00% 0.00% 0.00%  
Weighted average fair value per share $ 0.00 $ 1.27 $ 1.64 $ 5.37 $ 1.71  
Warrant shares cancelled and exchanged 49,100 113,944 20,000 41,649 25,000  
Fair Value $ 0 $ 144,400 $ 32,900 $ 23,700 $ 42,700  
Post-modification            
Market price per share $ 3.73 $ 4.05 $ 3.33 $ 8.45 $ 3.51  
Exercise price per share         $ 3.51  
Risk-free interest rate         2.07%  
Contractual term (years)         5 years 11 days  
Volatility         85.80%  
Dividend rate         0.00%  
Weighted average fair value per share         $ 2.39  
Warrant shares cancelled and exchanged         50,000  
Common shares issued in exchange 24,550 85,458 15,000 31,238    
Fair Value $ 91,600 $ 346,100 $ 50,000 $ 264,000 $ 119,600  
Incremental fair value recognized $ 91,600 $ 201,700 $ 17,100 $ 40,300 $ 76,900