Annual report pursuant to Section 13 and 15(d)

Derivative Financial Instruments (Tables)

v3.3.1.900
Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Financial Instruments Tables  
Significant assumptions used in the Black-Scholes model

Significant assumptions used in the Black-Scholes model at December 31, 2015 include the following:

 

December 31, 2015         December 31, 2014      
Risk-free interest rate     0 %   Risk-free interest rate     1.65 %
Estimated volatility     0 %   Estimated volatility     232.6 %
Dividend rate   None     Dividend rate   None  
Estimated term in years     0     Estimated term in years     4