Schedule of fair value assumptions (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of fair value assumptions Table Text Block:

Schedule of fair value assumptions Table Text Block

The fair value at the commitment and re-measurement dates for the Company’s derivative liabilities were based upon the following management assumptions as of December 31, 2014:


Assumption	Commitment Date	Remeasurement Date

Expected dividends:	0%	0%
Expected volatility:	352.71% - 415.16%	28.23% - 744.33%
Expected term (years):	0.5 - 2 years	0.0082 - 1.57 years
Risk free interest rate:	0.09% - .13%	0.03% - 0.25%

The fair value at the commitment and re-measurement dates for the Company’s derivative liabilities were based upon the following management assumptions as of December 31, 2013:


Assumption	Commitment Date	Remeasurement Date
Expected dividends:	0%	0%
Expected volatility:	391%	371%
Expected term (years):	0.75	0.65
Risk free interest rate:	0.13%	0.13%