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10. Fair Value of Warrants
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
10. Fair Value of Warrants

10. Fair Value of Warrants

 

The following tables summarize the assumptions used in computing the fair value of liability warrants subject to fair value accounting at the date of issue during the year ended December 31, 2012:

 

Expected dividend yield     0%  
Risk-free interest rate     0.67% - 0.86%  
Expected volatility     79.08% - 119.03%  
Expected Life (years)     5.0  
Exercise price   $ 0.001  
Company stock price   $ 0.40 - $0.73  

 

The following tables summarize the assumptions used in computing the fair value of liability warrants subject to fair value accounting at December 31, 2012:

 

Expected dividend yield     0%  
Risk-free interest rate     0.72%  
Expected volatility     79.08%  
Expected Life (years)     4.5-5.0  
Exercise price   $ 0.001  
Company stock price   $ 0.70