Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Tables)

v3.2.0.727
Notes Payable (Tables)
 6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of fair value of the warrants
         
Dividend yield     0%  
Expected volatility     38%  
Risk free interest rates     0.642% - 0.745%  
Expected life (in years)     2.01 - 2.57  
Schedule of principal payments of notes payable maturities

Scheduled principal payments with respect to notes payable are summarized as follows:

         
Years ending December 31,        
2015     -  
2016   $ 4,289,444  
2017     -  
2018     -  
2019     3,725,000  
Thereafter     3,000,000  
Total scheduled principal payments     11,014,444  
Less, unamortized discounts at June 30, 2015     (3,124,402 )
    $ 7,890,042