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Biotricity, Inc. - Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
CURRENT ASSETS        
Cash $ 424,868 $ 20,659 $ 53,643 $ 410,601
Harmonized sales tax recoverable 939 9,939 28,656 36,291
Deposits and other receivables 14,705 3,916 44,186 39,202
Total Current Assets 440,512 34,514 126,485 486,094
NON-CURRENT ASSETS        
Deposits and other receivables 33,000 33,000 33,000 33,000
Total Assets 473,512 67,514 159,485 519,094
Current Liabilities:        
Accounts payable and accrued liabilities [1] 1,137,454 1,315,995 516,934 413,273
Convertible promissory note [2] 1,556,990 1,308,712 102,744 783,778
Derivative liabilities [3] 2,163,884 1,511,358 75,111 561,220
Total Current Liabilities 4,858,328 4,136,065 694,789 1,758,271
Convertible promissory notes [2] 854,751
Derivative liability [3] 1,179,924
TOTAL LIABILITIES 4,858,328 4,136,065 2,729,464 1,758,271
Stockholders' Deficiency        
Preferred stock [4] 1 1 1 1
Common stock [5] 27,199 26,255 25,000 25,000
Shares to be issued [6] 200,855
Additional paid-in capital 14,308,583 12,478,520 7,982,465 7,982,598
Accumulated other comprehensive loss (473,384) (264,577) (79,520) (18,002)
Accumulated deficit (18,307,215) (16,509,605) (10,497,925) (9,228,774)
TOTAL STOCKHOLDERS' DEFICIENCY (4,384,816) (4,068,551) (2,569,979) (1,239,177)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY 473,512 67,514 159,485 519,094
Commitments [7]
Subsequent Events [8]
[1] See Note 4
[2] See Note 5
[3] See Note 6
[4] $0.001 par value; 10,000,000 authorized as at March 31, 2017, December 31, 2016 and March 31, 2016, respectively (December 31, 2015 - 1,000,000), 1 share issued and outstanding as at March 31, 2017 and 2016 and December 31, 2016 and 2015, respectively [Note 7]
[5] $0.001 par value; 125,000,000 authorized as at March 31, 2017, December 31, 2016 and March 31, 2016, respectively (December 31, 2015 - 100,000,000). Issued and outstanding common shares: 18,075,841 as at March 31, 2017, 15,876,947 as at March 31, 2016, 17,131,589 as at December 31, 2016, 15,876,947 as at December 31, 2015, respectively, and exchangeable shares of 9,123,031 outstanding as at March 31, 2017 and 2016 and December 31, 2016 and 2015, respectively.
[6] See Note 7
[7] See Note 10
[8] See Note 11