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8. Fair Value of Warrants
9 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
8. 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 nine months ended September 30, 2013:

 

Expected dividend yield     0 %
Risk-free interest rate     0. 63% - 1.39 %
Expected volatility     74.09% - 77.89 %
Expected Life (years)     3.7 – 4.3  
Exercise price   $ 0.001  
Company stock price   $ 0.32