Quarterly report pursuant to Section 13 or 15(d)

COMMON STOCK WARRANT (Tables)

v3.7.0.1
COMMON STOCK WARRANT (Tables)
3 Months Ended
Mar. 31, 2017
Common Stock Warrant Tables  
Warrant Activity
    Shares    

Weighted Average

Exercise

Price

   

Weighted

Average

Remaining Contractual Life

 
Outstanding at 12/31/2016     3,504,847     $ 1.85       3.9  
                         
Issued     2,411,338     $ 1.50       4.9  
Cancelled     (200,000 )   $ 1.625       --  
Outstanding and exercisable at 3/31/2017     5,716,185     $ 1.75       4.0  
Assumptions for warrants

Event

Description

 

Date

MDVX

Stock Price

Exercise Price of Warrant Grant Date Fair Value

Life

of Warrant

Risk Free Rate of Return (%) Annualized Volatility Rate (%)
Private Placement 2/8/17 $1.04 $1.50 $0.75 5 years 1.81 104.49