Quarterly report pursuant to Section 13 or 15(d)

Capitalization and Equity Structure (Tables)

v3.10.0.1
Capitalization and Equity Structure (Tables)
 6 Months Ended
Jun. 30, 2018
Schedule of Warrant share activity
Warrant shares outstanding as of December 31, 2017 and June 30, 2018 were as follows:
  
Source
 
Exercise
Price
 
 
Term
(Years)
 
 
December 31,
2017
 
 
Issued
 
 
Expired
 
 
June 30, 2018
 
Information Agent Warrants
 
 $ 1.50
 
 
 
 3
 
 
 
 200
 
 
 
 -
 
 
 
 -
 
 
 
 200
 
2015 Warrants
 
 $ 3.74
 
 
 
 5
 
 
 
 1,604
 
 
 
 -
 
 
 
 -
 
 
 
 1,604
 
2014 PPO and Merger
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
Placement agent warrants
 
 $ 7.00
 
 
 
 5
 
 
 
 426
 
 
 
 -
 
 
 
 -
 
 
 
 426
 
PPO warrants
 
 $ 14.00
 
 
 
 5
 
 
 
 1,078
 
 
 
 -
 
 
 
 -
 
 
 
 1,078
 
Pre-2014 warrants
 
 $ 9.66
 
 
 
9-10
 
 
 
 88
 
 
 
 -
 
 
 
 -
 
 
 
 88
 
 
 
 
  
 
 
 
  
 
 
 
 3,396
 
 
 
 -
 
 
 
 -
 
 
 
 3,396
 
Schedule of assumption used in valuation
Current share price   $ 1.79  
Conversion price   $ 3.74  
Risk-free interest rate     2.57 %
Term (years)     2.5  
Volatility of stock     95 %