Quarterly report pursuant to Section 13 or 15(d)

Fair Value Fair Value (Tables)

v3.2.0.727
Fair Value Fair Value (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Fair Value of Liabilities Measured on Recurring Basis
The following tables set forth, by level, financial liabilities measured at fair value on a recurring basis:
Liabilities Measured at Fair Value on a Recurring Basis as of June 30, 2015
Description
 
Quoted Prices in Active Markets for Identical Liabilities (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
Total
Platinum notes payable
 
$

 
$

 
$
10,414,909

 
$
10,414,909

Liability related to warrants
 

 

 
63,000

 
63,000


Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2014
Description
 
Quoted Prices in Active Markets for Identical Liabilities (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
Total
Platinum notes payable
 
$

 
$

 
$
5,615,764

 
$
5,615,764