|
The following
table reflects warrant activity:
| |
|
|
|
|
Weighted Average |
|
|
|
|
| |
|
Warrants for |
|
|
Weighted Average |
|
|
Remaining |
|
|
Aggregate |
|
| |
|
Common Shares |
|
|
Exercise Price |
|
|
Contractual Term |
|
|
Intrinsic Value |
|
| Outstanding and exercisable as of December 31, 2014 |
|
|
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Granted |
|
|
110,000 |
|
|
|
0.72 |
|
|
|
2.27 |
|
|
|
- |
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Forfeited, cancelled, expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Outstanding as of December 31, 2015 |
|
|
110,000 |
|
|
$ |
0.72 |
|
|
$ |
2.10 |
|
|
|
- |
|
| Granted |
|
|
50,000 |
|
|
|
0.10 |
|
|
|
4.00 |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Forfeited, cancelled, expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Outstanding as of December 31, 2016 |
|
|
160,000 |
|
|
$ |
0.53 |
|
|
$ |
1.97 |
|
|
|
5,250 |
|
| Granted |
|
|
1,944,426 |
|
|
|
0.21 |
|
|
|
4.00 |
|
|
|
|
|
| Exercised |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Forfeited, cancelled, expired |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
| Outstanding as of June 30, 2017 |
|
|
2,104,426 |
|
|
$ |
0.23 |
|
|
$ |
3.15 |
|
|
|
200,950 |
|
|