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Warrants (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of warrants, valuation assumptions

Exercise price	$	1,250
Expected life		7 years
Expected volatility		38	%
Dividend yield		0	%
Risk-free interest rate		1.35	%

Summary of outstanding stock warrants

Exercise		Common Stock Warrants		Series 2 Preferred Stock Warrants		Weighted Average Remaining
Price		Outstanding		Outstanding		Contractual Life

$	11.00		134,250			1 years
$	10.00		200,000			3 years
$	5.50		177,303			4 years
$	1,250		-		439	6 years
			511,553		439

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details