Note 14 - Warrants

3 Months Ended

Mar. 31, 2016

Note 14. Warrants

Common Stock Warrants

Following is a summary of all warrant activity for the three months ended March 31, 2016:

Warrants	Number of Warrants Issued		Weighted Average Exercise Price

Warrants outstanding at December 31, 2015		5,894,675	$	6.37
Warrants issued during the three months ended March 31, 2016		–
Warrants expired during the three months ended March 31, 2016		–

Warrants outstanding at March 31, 2016		5,894,675	$	6.37

Aggregate intrinsic value of outstanding warrants at March 31, 2016		–

Weighted average remaining contractual terms at March 31, 2016 (years)		2.6