Annual report pursuant to Section 13 and 15(d)

18. Fair Value Disclosures (Details 1)

v3.3.1.900
18. Fair Value Disclosures (Details 1) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Pro forma financial information    
Beginning Balance $ 3,839,569 $ 0
Gains for the period:    
Included in net loss (1,843,997) (5,161,901)
Modification of warrant contracts (678,400) (2,815,609)
Issuance of additional warrants   1,301,607
Warrants adjustment - Level 2 transfer   10,515,472
Reduction in derivative liability due to exercise of Senior Lenders' warrants $ (364,167)  
Ending Balance   $ 3,839,569