Annual report pursuant to Section 13 and 15(d)

Stock Holders Equity (Tables)

v3.7.0.1
Stock Holders Equity (Tables)
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity Note, Warrants or Rights [Table Text Block]
A summary of equity warrants outstanding as of December 31, 2016 is presented below, all of which are fully vested.
 
 
 
Shares
 
Total Warrants Issued through December 31, 2014
 
 
15,250
 
Investor Warrants, issued, terms 5 years, exercisable at $0.75
 
 
20,000
 
Placement Agent Warrants, issued, terms 5 years, exercisable at $0.75
 
 
2,000
 
Placement Agent Warrants, issued, terms 5 years, exercisable at $0.50
 
 
2,000
 
Total Warrants Issued through December 31, 2015
 
 
39,250
 
2016 Warrant activity:
 
 
 
 
September 12, 2016, Placement Agent Warrants, 1,600,000 issued, terms 5 years, exercisable at $0.50
 
 
1,600
 
Third quarter, 2016, exercised Warrants
 
 
(333)
 
Fourth quarter, 2016, exercised Warrants
 
 
(262)
 
Total Warrants Outstanding at December 31, 2016
 
 
40,255