XML 10 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
iMedical Innovations Inc. - Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash $ 410,601 $ 448,599
Harmonized sales tax recoverable 36,291 71,336
Deposits and other receivables 72,202  
TOTAL CURRENT ASSETS $ 519,094 $ 519,935
Equipment [1]
Total Assets $ 519,094 $ 519,935
CURRENT LIABILITIES    
Accounts payable and accrued liabilities [2] 413,273 176,039
Total current liabilities 413,273 $ 176,039
Convertible promissory notes [3] 783,778
Derivative liabilities [4] 561,220
TOTAL LIABILITIES $ 1,758,271 $ 176,039
STOCKHOLDERS' (DEFICIENCY) EQUITY    
Preferred stock [5]
Common stock [6] $ 4,771,954 $ 3,959,849
Additional paid-in capital 3,235,645 409,658
Accumulated other comprehensive (loss) income (18,002) 17,311
Accumulated deficit (9,228,774) (4,042,922)
Total stockholders' (deficiency) equity (1,239,177) 343,896
TOTAL LIABILITIES AND STOCKHOLDERS' (DEFICIENCY) EQUITY $ 519,094 $ 519,935
[1] See Note 5
[2] See Note 6
[3] See Note 7
[4] See Note 8
[5] no par value, unlimited authorized, no share issued and outstanding as at December 31, 2015 and 2014, respectively. See Note 9
[6] no par value, unlimited authorized, 18,798,000 and 16,315,500 shares issued and outstanding as at December 31, 2015 and 2014, respectively. See Note 9