NOTE 1 - DESCRIPTION OF BUSINESS & SUMMARY OF ACCTING POLICIES (Details Narrative) |
Sep. 29, 2014
USD ($)
$ / shares
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Notes to Financial Statements | |
Purchase price, shares | $ 31,954,236 |
Registrant's common stock at price per share (I) | 0.15 |
Registrant's common stock at price per share (II) | $ 0.35 |
Percentage of MariMed's outstanding equity | 49 |
Common stock fair value | $ | $ 5,911,534 |
Common stock fair value price per share | $ 0.185 |
Percentag of stock option fair value measured by the Black-Sholes valuation model | $ | $ 569,682 |
Risk free interest - percentage | 1.56 |
Dividend yield - percentage | 0.00% |
Volatility - percentage | 311 |
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