Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v2.4.1.9
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Measurements Tables  
Liabilities measured at fair value
    Level 1     Level 2     Level 3    

Fair Value at

March 31, 2015

 
Liabilities                        
Derivative Liability   $ -     $ -     $ -     $ -  
                         
    Level 1     Level 2     Level 3    

 

Fair Value at December 31, 2014

 
Liabilities                                
Derivative liability   $ -     $ 1,577,640     $ -     $ 1,577,640  
Schedule of Derivative Liabilities at Fair Value
Balance as of December 31, 2014   $ 1,577,640  
Exercise of warrants attached to derivative liability   $ (74,347 )
Adjustment due to expiry of derivative liability   $ (1,163,549 )
Fair value adjustments   $ (339,744 )
Balance as of March 31, 2015   $ -