Annual report pursuant to Section 13 and 15(d)

11. FAIR VALUE OF FINANCIAL MEASUREMENTS (Tables)

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11. FAIR VALUE OF FINANCIAL MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Estimated fair value of the warrant liability upon issuance
Risk-free interest rate 1.59% - 1.63%  
Expected dividend yield 0  
Volatility factor 80% - 81%  
Expected life of warrant  4.7 – 5 years  
Change in Company's Level 3 conversion note and warrant liability
Balance at December 31, 2014   $  
      Issuance derivatives in connection with convertible notes and warrants     459,526  
      Change in fair value     (41,917 )
   Settlement of derivative and warrant liability     (417,609 )
Balance at December 31, 2015   $ -