Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events (Narrative)

v3.7.0.1
Subsequent Events (Narrative) - Subsequent Event [Member] - USD ($)
1 Months Ended
May 02, 2017
Apr. 10, 2017
Apr. 03, 2017
May 05, 2017
Warrants exercised     10,000 204,792
Proceeds from warrants exercised     $ 22,000 $ 532,459
Stock Issued During Period, Shares     10,000 204,792
Option granted to purchase shares   100,000    
Options vesting date   April 10, 2018    
Option expiry term   5 years    
Exercise price   $ 5.00 $ 2.20 $ 2.60
Stock price   $ 3.96    
Volatility   79.33%    
Risk free rate   2.18%    
Expected trem   6 years    
Fair market value   $ 258,077    
Chief Financial Officer [Member]        
Payment for services   $ 15,600    
Payment for services description   (i) £12,500 GBP per month (approximately $15,600) from Volition Diagnostics; and (ii) a lump sum severance payment if terminated by Volition Diagnostics without cause (as per the agreement) equal to the salary that he would have received between the date of termination and the completion of a three-month notice period.    
Related Party [Member]        
Proceeds from warrants exercised       $ 402,067
Stock Issued During Period, Shares       154,641
Namur Invest [Member]        
Unsecured loan $ 373,856      
Unsecured loan repayment term 3 years 6 months      
Interest rate 4.00%      
Monthly repayment of Unsecured loan $ 9,554