• Filing Date: 2013-04-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
Fair Value Of Derivative Warrant Liabilities Using American Option Binomial Model (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Of Derivative Warrant Liabilities Using American Option Binomial Model  
Fair Value Of Derivative Warrant Liabilities Using American Option Binomial Model

 The Company estimates the fair value of the derivative warrant liabilities by using the American Option Binomial Model, a Level 3 input, with the following assumptions used:

 

Dividend yield:

1%

Expected volatility

283.86% to 549.88%

Risk free interest rate

.36% to .83%

Expected life (years)

1.00 to 5.00