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RPX License Agreement (Tables)
12 Months Ended
Dec. 31, 2016
Rpx License Agreement Tables  
Schedule of licence agreement

A summary of information with respect the RPX transaction on May 23, 2016 is as follows:

 

Assumptions        
Stock price on May 22, 2016   $ 2.06  
         
Series H Assumptions        
Series H Shares     381,967  
Series H - Liquidation preference   $ 83.50  
Series H -Carrying value   $ 31,894,245  
         
Equivalent common shares - Series H     201,035  
Fair Value of Series H preferred   $ 414,133  
         
Contribution/Deemed dividend   $ 31,480,112