Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v3.7.0.1
Warrants (Tables) - Warrant [Member]
3 Months Ended
Mar. 31, 2017
Class of Warrant or Right [Line Items]  
Summarizes of the assumptions of estimate the fair value warrants granted
      2017  
         
  Expected dividend yield     0 %
  Expected volatility     97 %
  Risk-free interest rate     0.73 %
  Expected life of warrants     1.25 years  
Schedule of warrant activity

       

 

 

Number of Warrants

     

 

Weighted

Average

Exercise Price per Share

     

 

 

Weighted Average Contractual Life in Years

     

 

 

Aggregate Intrinsic

Value

 
   Outstanding – December 31, 2016     183,737     $ 7.35       2.70          
   Exercisable – December 31, 2016     171,237     $ 7.15       2.79     $ 0  
   Granted     0     $ 0                  
   Forfeited or Expired     0     $ 0                  
   Outstanding – March 31, 2017     183,737     $ 7.35       2.46      $  
   Exercisable – March 31, 2017     171,237     $ 7.15       2.55     $ 0