8. Stockholders’ Equity (Details Narrative)

1 Months Ended

3 Months Ended

9 Months Ended

Oct. 31, 2016

Sep. 30, 2016

USD ($)

shares

Sep. 30, 2016

USD ($)

shares

Stockholders Equity Details Narrative

Reverse stock split

On October 13, 2016, the Company effectuated a reverse stock split of its outstanding shares of common stock at a ratio of 1 to 10. Upon the effectiveness of the Reverse Stock Split, which occurred on October 13, 2016, the Company's issued and outstanding shares of common stock was decreased from 94,961,549 to 9,499,812 shares, all with a par value of $0.01. Accordingly, all share and per share information has been restated in the Report to retroactively show the effect of the Reverse Stock Split.

Stockholders' Equity Note, Stock Split, Conversion Ratio

0.10

Number of shares of common stock issued | shares

984,148

3,376,284

Cash received from stock sale, after issuance costs | $

$ 6,200,000

$ 18,900,000

Stock issuance costs | $

$ 300,000

$ 600,000

Warrants outstanding | shares

32,992

32,992