Quarterly report pursuant to Section 13 or 15(d)

Capitalization and Equity Structure (Tables)

v3.8.0.1
Capitalization and Equity Structure (Tables)
 3 Months Ended
Mar. 31, 2018
Schedule of Warrant share activity
Warrant shares outstanding as of December 31, 2017 and March 31, 2018 were as follows:
  
Source
 
Exercise
Price
 
Term
(Years)
 
December 31,
2017
 
Issued
 
Expired
 
March 31, 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
 
$
1.58
 
Conversion price
 
$
3.74
 
Risk-free interest rate
 
 
2.36
%
Term (years)
 
 
2.75
 
Volatility of stock
 
 
90
%