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16. Stockholders' deficit (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Warrants outstanding
   

Three months

ended

March 31, 2017

     
Calculated stock price   $ 0.04  
Risk free interest rate     1.48 %
Expected life of warrants (years)      3 years   
expected volatility of underlying stock     398 %
Expected dividend rate     0 %

 

The movement in warrants outstanding is summarized below:

 

          No. of shares   Exercise price per share   Weighted average exercise price
                   
Outstanding January 1, 2016                  6,300,000   $0.0033 to $0.03    $                 0.14
Granted                19,337,409                       0.03                   0.0300
Forfeited/cancelled                (6,000,000)                       0.15                   0.1500
Exercised                               -                              -                              -   
Outstanding January 1, 2017                19,637,409   $0.0033 to $0.03                   0.0030
Granted                  2,366,666                       0.03                   0.0300
Forfeited/cancelled                               -                              -                              -   
Exercised                               -                              -                              -   
Outstanding March 31, 2017                22,004,075   $0.0033 to $0.03   $0.0300

 

The following table summarizes information about warrants outstanding at March 31, 2017:

                   
  Warrants outstanding   Warrants exercisable
Exercise price No. of shares   Weighted average remaining years   Weighted average exercise price   No. of shares   Weighted average exercise price
                   
$0.0033             300,000    *                      300,000    
$0.03        21,704,075                     2.94                21,704,075    
                   
         22,004,075                     2.94    $               0.03            22,004,075    $                 0.03
Options Outstanding
  Options outstanding   Options exercisable
Exercise price No. of shares   Weighted average remaining years   Weighted average exercise price   No. of shares   Weighted average exercise price
                   
$0.12             480,000                     2.59                   480,000    
                   
              480,000                     2.59    $               0.12               480,000    $                0.12