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Stockholder's Equity (Tables)
6 Months Ended
Jun. 30, 2014
Stockholder's Equity.  
Common stock outstanding

 

 

Number of

 

 

 

Common Shares

 

Balance at December 31, 2012

 

890,837

 

 

 

 

 

Conversion of Series E to common stock

 

1,575,000

 

Shares issued for acquisition of Canterbury and Hygeia

 

1,150,116

 

Conversion of warrants to common stock

 

1,023,264

 

Conversion of debt to common stock

 

576,331

 

Issuance of shares for advisory agreements

 

243,250

 

Issuance of shares to third party for assumption of liabilities

 

200,000

 

Issuance of common stock for cash

 

142,501

 

Other

 

12,486

 

Balance at December 31, 2013

 

5,813,785

 

 

 

 

 

Shares issued in private placement

 

8,845,685

 

Shares issued for acquisition of Paloma

 

2,500,000

 

Issuance of shares upon conversion of convertible promissory notes

 

552,738

 

Shares issued creditors in settlement of debt

 

408,317

 

Shares issued for acquisition of VasculoMedics

 

220,000

 

Issuance of shares for assumption of liabilities

 

150,000

 

Shares surrendered by ASC

 

(99,332

)

Balance at June 30, 2014 (Unaudited)

 

18,391,193

 

Stock Options- Assumptions

The assumptions used to value the options granted during the first six months of 2014 was:

 

Estimated fair value of underlying common stock

 

$ 2.50 - $4.20

 

Remaining life

 

2.0 - 3.0

 

Risk-free interest rate

 

0.88% - 1.72%

 

Expected volatility

 

153% - 176%

 

Dividend yield

 

 

Warrants -Assumptions

Estimated fair value of underlying common stock

 

$

3.00

 

Remaining life

 

5.0

 

Risk-free interest rate

 

0.35

%

Expected volatility

 

141

%

Dividend yield