Board Of Directors Fees Textual (Details) |
Mar. 31, 2016
USD ($)
$ / shares
shares
|
Sep. 10, 2015
$ / shares
shares
|
Jun. 30, 2015
USD ($)
$ / shares
shares
|
Jan. 31, 2015
USD ($)
$ / shares
shares
|
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Board Of Directors Fees Details | ||||
Granted warrants to purchase shares of common stock | 125,000 | 250,000 | 50,000 | 50,000 |
Exercise price per share | $ / shares | $ 0.09 | $ 0.10 | $ 0.15 | $ 0.09 |
Warrants term (in years) | 5 | 5 | 3 | 3 |
Warrants vested on the grant date | 12,500 | 12,500 | ||
Remaining warrants | 37,500 | 37,500 | ||
Remaining warrants shall vest quarterly | 12,500 | 12,500 | ||
Warrants were valued using the Black Scholes pricing model | $ | $ 10,588 | $ 6,185 | $ 3,664 | |
In addition, Mr. Rice entitled to receive for each annual term served | $ | $ 10,000 | |||
In addition, Mr. Cox is entitled to receive $10,000 for each annual term served | $ | $ 10,000 | |||
Mr. Rice's unvested warrant | 15,890 | |||
Mr. Cox's unvested warrant | 36,986 | |||
In addition, Mr. Rondeau entitled to receive for each annual term served | $ | $ 10,000 |
X | ||||||||||
- Definition Amount advanced by Chris Maggiore, a significant shareholder No definition available.
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- Definition Exercise price per share. No definition available.
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- Definition Number of warrants granted to purchase shares of common stock. No definition available.
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- Definition Mr. Cox is entitled to receive $10,000 for each annual term served. No definition available.
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X | ||||||||||
- Definition The amount which Mr. Rice entitled to receive for each annual term served. No definition available.
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X | ||||||||||
- Definition The amount which Mr. Rondeau entitled to receive for each annual term served. No definition available.
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X | ||||||||||
- Definition Mr. Cox's unvested warrant No definition available.
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X | ||||||||||
- Definition Mr. Rice's unvested warrant No definition available.
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X | ||||||||||
- Definition Number of warrants remaining No definition available.
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X | ||||||||||
- Definition Number of warrants remaining that shall vest quarterly. No definition available.
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X | ||||||||||
- Definition Term of warrants in years No definition available.
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X | ||||||||||
- Definition Warrants vested on the grant date No definition available.
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X | ||||||||||
- Definition Warrants were valued using the Black Scholes pricing model No definition available.
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