XML 15 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows From Operating Activities:    
Net loss $ (816,665) $ (793,134)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and Amortization 11,037 8,853
Changes in assets and liabilities:    
Prepaid expenses and other receivables 86,705 108,831
Accounts payable and other liabilities (50,241) (6,549)
Prepayment to related party for clinical trials 0 229,547
Advances from related party 270,210  
Net cash used in operating activities (498,954) (452,452)
Cash Flows from Investing Activities:    
Purchase of property and equipment (6,842) (9,566)
Purchase of intangible assets (55,564) (50,859)
Net Cash used in investing activities (62,406) (60,425)
Cash Flows From Financing Activities:    
Loans from related party 0 254,673
Net cash provided by financing activities 0 254,673
Net increase (decrease) in cash (561,360) (258,204)
Effect of exchange rate changes on cash (524,323) 3,275
Cash at beginning of period 9,403,965 354,749
Cash at end of period $ 8,318,282 $ 99,820