Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Warrants Estimated (Tables)

v2.4.1.9
Fair Value of Warrants Estimated (Tables)
3 Months Ended
Mar. 31, 2015
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,

 

2015

 

2014

Expected volatility

         128.36%

 

121.33% to 128.35%

Expected dividends

0%

0%

Expected term

3 years

 

3 – 5 years

Risk free rate

.68%

 

.41% to .44%