Investment in account receivable (Details) - USD ($) |
Sep. 30, 2015 |
Apr. 10, 2015 |
Dec. 31, 2014 |
Jul. 08, 2014 |
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Investment in account receivable consists of the following | ||||
Company invested in an account receivable | $ 90,000 | |||
Company invested in an account receivable face value | $ 117,000 | |||
Face value | $ 0 | $ 117,000 | ||
Unamortized discount | (2,250) | |||
Net balance | $ 114,750 | |||
Company will receive an investment in an account receivable with installment payments per year for 11 years | $ 117,000 | |||
Company will receive an investment in an account receivable total | $ 1,287,000 | |||
Shares of Mentor stock exercise of series D warrants | 757,059 | |||
Shares of Mentor stock exercise of series D warrants per share | $ 1.60 | |||
Mentor shares exchanged for all or part of the installment payments | $ 313,820 | |||
Company shares exchanged in the transaction, resulting in a discount from the face value of the account receivable | 17.87% | |||
Amortized monthly interest in years | 11 |
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- Definition Amortized monthly interest in years No definition available.
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- Definition Company invested in an account receivable No definition available.
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- Definition Company invested in an account receivable face value No definition available.
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- Definition Company shares exchanged in the transaction, resulting in a discount from the face value of the account receivable No definition available.
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- Definition Company will receive an investment in an account receivable total No definition available.
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- Definition Company will receive an investment in an account receivable with installment payments per year for 11 years No definition available.
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- Definition Face value No definition available.
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- References No definition available.
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- Definition Mentor shares exchanged for all or part of the installment payments No definition available.
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- Definition Net balance No definition available.
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- Definition Shares of Mentor stock exercise of series D warrants No definition available.
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- Definition Shares of Mentor stock exercise of series D warrants per share No definition available.
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- Definition Unamortized discount No definition available.
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