Derivative Liability (Tables)

12 Months Ended

Dec. 31, 2015

Derivative Liability Tables

Monte Carlo fair value of warrants

	December 31, 2015			December 31, 2014
Stock price volatility		70	%		90	%
Risk-free interest rates		1.76	%		1.65	%
Annual dividend yield		0	%		0	%
Expected life	3.6-4.9 years			4.7 years