General form of registration statement for all companies including face-amount certificate companies

Stockholders' Equity (Tables)

v3.2.0.727
Stockholders' Equity (Tables)
3 Months Ended
Jun. 30, 2015
Stockholders Equity Tables  
Black-Scholes option pricing model weighted average assumptions

The fair values of the Company’s options were estimated at the dates of grant using a Black-Scholes option pricing model with the following weighted average assumptions:

 

    For the Three Months
Ended June 30, 
   
    2015    
Expected term (years)     6.25    
Risk-free interest rate     1.29%    
Volatility     47%    
Dividend yield     0%    
             
Summary of the option activity

The following is a summary of the option activity:

 

      Options   Weighted
Average
Exercise
Price
 
                     
Outstanding – April 1, 2015           $    
Exercisable –April 1, 2015           $    
Granted       160,000     $ 1.50    
Exercised           $    
Forfeited/Cancelled           $    
Outstanding – June 30, 2015       160,000     $ 1.50    
Exercisable – June 30, 2015           $