Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Warrants Estimated (Tables)

v3.7.0.1
Fair Value of Warrants Estimated (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value of Warrants Estimated (Tables):  
Fair Value of Warrants Estimated (Tables)

The fair value of warrants was estimated on the date of grant using the Black-Scholes option-pricing model based on the following weighted average assumptions:

 

 

Three Months Ended March 31,

 

2017

 

2016

Expected volatility

175.05% to 175.53%

 

168.01% to 169.28%

Expected dividends

0%

 

0%

Expected term

5 years

 

5 years

Risk free rate

1.87% to 1.93%

 

.78% to .97%