10. Warrants (Tables)

6 Months Ended

Sep. 30, 2015

Warrant activity

	Amount			Range of Exercise Price		Weighted Average Exercise Price
Warrants outstanding at March 31, 2015		1,430,738			$2.10 - $15.00	$	6.84
Exercised		(5,292	)		$2.10	$	2.10
Issued		746,656			$6.30	$	6.30
Cancelled/Expired		(1,252	)		$2.10	$	2.10
Warrants outstanding at September 30, 2015		2,170,850			$2.10 - $15.00	$	6.67
Warrants exercisable at September 30, 2015		2,170,850			$2.10 - $15.00	$	6.67

Warrants

Assumptions used

Risk free interest rate	1.70%
Average expected life	5 years
Expected volatility	98.6%
Expected dividends	None