XML 44 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Equity (Tables)
3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Schedule of Fair Value of Assumptions Used in Black-Schloes Option Pricing Model

The following table sets forth the assumptions used in the Black-Scholes Option Pricing Model to estimate the fair value of the warrants upon issuance:

 

Market Price   $ 2.37  
Exercise Price   $ 4.69  
Risk-free interest rate     1.95 %
Expected volatility     125.58 %
Expected life in years     5.5  
Expected dividend yield     0.00 %