Red Cat Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 14 - Derivative Liability: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details)

Note 14 - Derivative Liability: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Total derivative liabilities	$ 0	$ 0
Fair Value, Inputs, Level 1
Total derivative liabilities	0
Fair Value, Inputs, Level 2
Total derivative liabilities	0
Fair Value, Inputs, Level 3
Total derivative liabilities	$ 0

- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset.

+ References + Details