Note 8 - Stock Warrants

3 Months Ended

Mar. 31, 2017

Notes

Note 8 - Stock Warrants

Note 8 – Stock Warrants

                Subsequent to the restructuring of the Company and the spin-out, the Company had warrants to purchase common stock outstanding that were not terminated and have continued as part of the operations as detailed below. The warrants were adjusted for a 1 for 101 stock split due to the spin-out and restructuring plan as authorized. All warrants outstanding as of December 31, 2016 are scheduled to expire at various dates through 2019. A summary of warrants issued, exercised and expired are as follows:

	Shares		Weighted- Average Exercise Price ($)		Weighted- Average Remaining Contractual Term
Outstanding at December 31, 2016		142,653	$	17.42		2.25
Granted		—		—		—
Expired		—		—		—
Outstanding at March 31, 2017		142,653	$	17.42		2.00
Exercisable at March 31, 2017		142,653	$	17.42		2.00