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5. DERIVATIVE LIABILITIES (Tables)
9 Months Ended
Sep. 30, 2015
Re-acquisition of distributorship  
Schedule of financial assets and liabilities by level
      Fair Value Measurement at September 30, 2015  
Liabilities:   Carrying Value at September 30, 2015     Level 1     Level 2     Level 3  
  Warrant derivative liabilities   $ 225     $ -     $ -     $ 225  
Total   $ 225     $ -     $ -     $ 225  

 

            Fair Value Measurement at December 31, 2014  
Liabilities:   Carrying Value at December 31, 2014     Level 1     Level 2     Level 3  
  Warrant derivative liabilities   $ 1,708     $ -     $ -     $ 1,708  
Total   $ 1,708     $ -     $ -     $ 1,708  

 

 

Fair Value Of Derivative Warrant Liabilities Using Black-Scholes Option Pricing Model
Dividend yield: 0%
Expected volatility 101% to 115%
Risk free interest rate 0.13% to 1.07%
Expected life (years) 0.08 to 1.82
The Following Table Sets Forth The Changes In Derivative Liabilities
Balance, December 31, 2014   $ (1,708 )
  Derivative warrants exchanged for debt     1,693  
  Loss on change in fair value of derivative liabilities     (210 )
Balance, September 30, 2015   $ (225 )