XML 42 R30.htm IDEA: XBRL DOCUMENT v3.19.2
Convertible Promissory Notes (Details Narrative)
1 Months Ended 12 Months Ended 24 Months Ended 36 Months Ended
Aug. 31, 2016
USD ($)
shares
Mar. 31, 2016
USD ($)
Integer
$ / shares
Mar. 31, 2019
USD ($)
Mar. 31, 2018
USD ($)
$ / shares
Mar. 31, 2017
USD ($)
Mar. 31, 2016
USD ($)
Integer
$ / shares
Mar. 31, 2018
USD ($)
$ / shares
Mar. 31, 2019
USD ($)
May 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
General and administrative expenses     $ 7,458,855 $ 5,961,173            
Term Sheet Offering [Member]                    
Proceeds from convertible notes payable           $ 2,000,000        
Debt face value   $ 1,368,978       $ 1,368,978        
Debt instrument term           24 months        
Debt interest rate   11.00%       11.00%        
Conversion price per share | $ / shares   $ 1.78       $ 1.78        
Conversion price percentage           0.75        
Debt instrument trading days | Integer           20        
Debt conversion description           The Company issued cash (7%) and warrants (7% of the number of Common Shares into which the Notes may be converted) to a broker. The broker received 3% in cash and warrants for those investors introduced by the Company.        
Warrants term   24 months       24 months        
Debt conversion into shares, value         $ 1,368,978   $ 1,368,978 $ 1,368,978    
Fair value of common stock $ 2,907,912                  
Derivative liabilities 1,538,934                  
Term Sheet Offering [Member] | Promissory Notes [Member]                    
Debt conversion into shares, value $ 1,368,978                  
Debt conversion into shares | shares 912,652                  
Bridge Notes [Member]                    
Proceeds from convertible notes payable   $ 2,500,000                
Debt face value   $ 2,455,000       $ 2,455,000     $ 2,436,406 $ 2,230,000
Debt instrument term   12 months                
Debt interest rate   10.00%       10.00%        
Conversion price per share | $ / shares   $ 1.65   $ 1.60   $ 1.65 $ 1.60      
Debt instrument trading days | Integer   10                
Debt conversion description   The Bridge Notes principal and all outstanding accrued interest may be converted into common stock based on the average of the lowest 3 trading days volume weighted average price over the last 10 trading days plus an embedded warrant at maturity. However, all the outstanding principal and accrued interest would convert into units/securities upon the consummation of a qualified financing, based upon the lesser of: (i) $1.65 per units/securities and (ii) the quotient obtained by dividing (x) the balance on the Forced Conversion date multiplied by 1.20 by (y) the actual price per unit/security in the qualified financing. Upon the maturity date of the notes, the Company also has an obligation to issue warrants exercisable into a number of shares of the Company securities equal to (i) in the case of a qualified financing, the number of shares issued upon conversion of the note and (ii) in all other cases, the number of shares of the Company's common stock equal to the quotient obtained by dividing the outstanding balance by 2.00.                
Promissory Notes [Member] | Interest Expense [Member]                    
General and administrative expenses     11,669 $ 41,029            
Promissory Notes [Member] | Accredited Investors [Member]                    
Proceeds from convertible notes payable     $ 867,699              
Debt instrument term     1 year              
Debt interest rate     10.00%         10.00%