Quarterly report pursuant to Section 13 or 15(d)

Fair Value Of Warrants Estimated (Tables)

v2.4.0.8
Fair Value Of Warrants Estimated (Tables)
6 Months Ended
Jun. 30, 2013
Fair Value Of Warrants Estimated  
Fair Value Of Warrants Estimated

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:

 

 

Six Months Ended June 30,

 

2013

 

2012

Expected volatility

114.68% to 194.14%

 

114.66 to 125.11%

Expected dividends

0%

 

0%

Expected term

3 to 5 years

 

3 years

Risk free rate

.25%

 

.25% to .33%