Quarterly report pursuant to Section 13 or 15(d)

Derivative Liabilities (Tables)

v3.7.0.1
Derivative Liabilities (Tables)
3 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Liabilities at Fair Value

At March 31, 2017 and 2016, the fair value of the derivative liabilities was determined through use of a probability-weighted Black-Scholes-Merton valuation model based on the following assumptions:

 

    March 31, 2017     December 31, 2016  
Expected volatility     209 %     172 %
Expected life     2.5 years       2.7 years  
Risk-free interest rate     1.4 %     1.5 %
Expected dividend yield     0 %     0 %