Quarterly report pursuant to Section 13 or 15(d)

COMMON STOCK WARRANT (Tables)

v3.7.0.1
COMMON STOCK WARRANT (Tables)
6 Months Ended
Jun. 30, 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       4.6  
Cancelled     (200,000 )   $ 1.625       —    
Outstanding and exercisable at 6/30/2017     5,716,185     $ 1.89       3.8  
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