Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in (Deficit)/Equity

v3.8.0.1
Consolidated Statements of Changes in (Deficit)/Equity - USD ($)
Issued Capital [Member]
Treasury Shares [Member]
Share Premium [Member]
Retained Earnings [Member]
Foreign Currency Translation Reserve [Member]
Total
Beginning balance, value at Dec. 31, 2014 $ 2,429 $ 0 $ 16,722,007 $ (140,801,547) $ (867,641) $ 1,776,641
Beginning balance, (in shares) at Dec. 31, 2014 2,428,532 0        
Non-employee stock based compensation     260,819     260,819
Forfeiture of founders shares, value $ (255)   255      
Forfeiture of founders shares (in shares) (253,881)          
Sale of subsidiary, value $ (134) $ (343,113) (536,666)     (879,913)
Sale of subsidiary (in shares) (220,000) 85,800        
Beneficial conversion feature on convertible promissory notes     1,842,681     1,842,681
Loss for the year       (7,561,686)   (7,561,686) [1]
Foreign currency translation reserve         (449,358) (449,358) [1]
Ending balance, value at Dec. 31, 2015 $ 2,040 $ (343,113) 18,289,096 (21,641,840) (1,316,999) $ (5,010,816)
Ending balance, (in shares) at Dec. 31, 2015 1,954,651 85,800       1,954,651
Non-employee stock based compensation     370,040     $ 370,040
Beneficial conversion feature on convertible promissory notes     581,505     581,505
Loss for the year       (565,144)   (565,144) [1]
Foreign currency translation reserve         (139,370) (139,370) [1]
Ending balance, value at Dec. 31, 2016 $ 2,040 $ (343,113) 19,240,641 (22,206,984) (1,456,369) $ (4,763,785)
Ending balance, (in shares) at Dec. 31, 2016   85,800       1,954,651
Non-employee stock based compensation           $ 95,419
Sale of subsidiary, value   $ (80,742)       (80,742)
Sale of subsidiary (in shares)   53,828        
Beneficial conversion feature on convertible promissory notes           59,298
Stock option exercise           5,610
Non-cash capital contribution by shareholder in connection with forgiveness of debt     203,312     203,312
Loss for the year           (3,687,136)
Foreign currency translation reserve           813,007
Ending balance, value at Dec. 31, 2017 $ 2,043 $ (423,855) $ 19,604,277 $ (25,894,120) $ (643,362) $ (7,355,017)
Ending balance, (in shares) at Dec. 31, 2017 1,903,723 139,628       1,903,723
[1] Restated for discontinued operations (see note 9 - Discontinued Operations).