Quarterly report pursuant to Section 13 or 15(d)

Convertible Note Issuance Costs (Tables)

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Convertible Note Issuance Costs (Tables)
9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
Schedule of issuance of convertible notes

Issuance costs as of December 31, 2014 were as follows:

 

 

    December 31,  
    2014  
Placement fee   $ 553,490  
Fair value of Financing Warrants at time of issuance     212,155  
Attorney fees     79,679  
Escrow fees     3,500  
Beneficial conversion feature     212,155  
Accumulated amortization     (151,568 )
Net issuance costs   $ 909,411  
Convertible Notes   $ 6,000,000  
Convertible Notes discount net of amortization     (909,411 )
Convertible Notes, net of discount   $ 5,090,589