Quarterly report pursuant to Section 13 or 15(d)

Warrants (Tables)

v3.8.0.1
Warrants (Tables)
9 Months Ended
Sep. 30, 2017
Text Block [Abstract]  
Summary of Warrant Activity

summary of warrant activity for the year ended December 31, 2016 and the nine months ended September 30, 2017 is as follows:

 

            Weighted  
            Average  
     Warrants      Price  

Balance – December 31, 2015

     175,584      $ 1.50  

Granted

     —          —    

Exercised

     —          —    

Expired

     —          —    
  

 

 

    

 

 

 

Balance – December 31, 2016

     175,584        1.50  

Granted

     11,129,031        0.31  

Exercised

     —          —    

Expired

     (175,584      1.50  
  

 

 

    

 

 

 

Balance – September 30, 2017

     11,129,031      $ 0.31  
  

 

 

    

 

 

 
Summary of Warrants Outstanding

The warrants outstanding as of September 30, 2017 are as follows:

 

Exercise Price

  

Warrants Outstanding

  

Expiration Dates

$                 0.31

   4,621,037    5/10/24

$                 0.31

   6,024,124    7/25/24

$                 0.31

   483,870    9/19/22
  

 

  
   11,129,031