Intangible Assets - Intellectual Propert (Tables)

9 Months Ended

Sep. 30, 2014

Intangible Assets - Intellectual Propert Tables

Assumptions required for the Black-Scholes model

The fair value of each Warrant Share as of September 9, 2014, using the Black-Scholes option pricing model, was $0.91.

Assumptions required for the Black-Scholes model are as follows:

Weighted average risk-free interest rate	1.72		%
Expected life in years	4.75 Years
Weighted Avg Expected Volatility		93.8	%
Expected dividend yield		0	%