Annual report pursuant to Section 13 and 15(d)

10. Warrant Liability (Detail Narrative)

v3.3.1.900
10. Warrant Liability (Detail Narrative) - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Gain (loss) on the change in value of warrant liability $ 3,194,189 $ (4,204,189)
Fair value per share stock price $ 0.33 $ 0.61
Risk free treasury rate 0.92% 1.10%
Expected volatility rate 85.80% 72.80%
Warrant Liability [Member]    
Value of Warrrant adjusted $ 7,872,000  
Gain (loss) on the change in value of warrant liability 2,274,989  
Warrant Liability One [Member]    
Value of Warrrant adjusted 1,872,000  
Gain (loss) on the change in value of warrant liability 864,000  
Warrant Liability Two [Member]    
Value of Warrrant adjusted 110,400  
Gain (loss) on the change in value of warrant liability $ 55,200