Annual report pursuant to Section 13 and 15(d)

OPTIONS AND WARRANTS (Tables)

v3.19.2
OPTIONS AND WARRANTS (Tables)
12 Months Ended
Mar. 31, 2019
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
                Weighted-  
          Weighted-     Average  
          Average     Remaining  
    Number of     Exercise     Contractual  
    Shares     Price     Term (years)  
Outstanding at March 31, 2017   4,145,800   $ 0.92     7.7  
Granted   1,790,000     1.29     9.1  
Exercised   (181,000 )   0.52     9.7  
Expired/Forfeited   (3,320,800   0.55     6.9  
Outstanding at March 31, 2018   2,434,000     1.09     8.0  
Granted   -     -     -  
Exercised   (161,100)     1.03     4.5  
Expired/Forfeited   -     -     -  
Outstanding at March 31, 2019   2,272,900     1.09     4.5  
Exercisable at March 31, 2019   1,477,710     0.98     4.5  
Schedule of Stockholders' Equity Note, Warrants or Rights, Activity [Table Text Block]
          Weighted-  
    Number     Average  
    of Warrants     Exercise Price  
Outstanding at March 31, 2017   4,192,916   $  0.79  
Granted   3,900,000     0.50  
Exercised   (3,900,000 )   0.50  
Cancelled or Expired   (162,858 )   4.71  
Outstanding at March 31, 2018   4,030,059     0.79  
Granted   4,252,541     1.40  
Exercised   (2,092,052 )   0.90  
Cancelled or Expired   2,326     27.50  
Outstanding at March 31, 2019   6,188,222     1.16  
Warrants exercisable at March 31, 2019   6,188,222     1.16  
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]
  Number of Weighted-Average
  Warrants Remaining Contractual
Exercise Price Outstanding Life in Years
$9.375 19,066 0.08
7.50 6,667 0.08
5.00 102,000 0.90
2.17(*) 1,686,157 1.5
0.90 474,332 1.2
0.60 3,900,000 1.4

*Note – The warrant exercise price is C$ 2.90 = U.S. $2.17 (rate 1.3352) at 03/31/19