• Filing Date: 2014-08-14
  • Form Type: 10-Q
  • Description: Quarterly report
v2.4.0.8
6. STOCK OPTION PLAN (Details-Warrants outstanding) (Warrants, USD $)
6 Months Ended
Jun. 30, 2014
Warrants
 
Shares  
Shares outstanding - beginning 19,640,375
Shares granted 4,433,839
Shares exercised (125,000)
Shares cancelled and expired (1,375,000)
Shares outstanding - ending 22,574,214
Shares exercisable 22,074,214
Weighted Average Exercise Price  
Weighted average exercise price - beginning $ 0.55
Weighted average exercise price - shares granted $ 0.51
Weighted average exercise price - ending $ 0.55
Weighted average exercise price - exercisable $ 0.55
Weighted Average Remaining Contractural Term  
Weighted average contractural term - beginning 1 year 6 months 22 days
Weighted average contractural term - granted 3 years 9 months 7 days
Weighted average contractural term - ending 2 years 9 months 18 days
Weighted average contractural term - exercisable 2 years 9 months 4 days
Aggregate Intrinsic Value  
Aggregate intrinsic value - beginning   
Aggregate intrinsic value - granted   
Aggregate intrinsic value - ending 143,500
Aggregate intrinsic value - exercisable $ 143,500