• Filing Date: 2013-04-12
  • Form Type: 10-K
  • Description: Annual report
v2.4.0.6
A Summary Of The Status Of The Warrants Granted (Tables)
12 Months Ended
Dec. 31, 2012
A Summary Of The Status Of The Warrants Granted  
A Summary Of The Status Of The Warrants Granted

 

 

Shares

 

 

Weighted Average

Exercise Price

 

Outstanding at beginning of period

 

 

3,230,369

 

 

$

1.07

 

Granted

 

 

5,708,299

 

 

$

0.68

 

Exercised

 

 

-

 

 

 

-

 

Forfeited

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

Outstanding at end of period

 

 

8,938,668

 

 

$

0.82

 

 

 

For the Year Ended December 31, 2012

 

 

 

Shares

 

 

Weighted Average

Exercise Price

 

Outstanding at beginning of period

 

 

8,938,668

 

 

$

0.82

 

Granted

 

 

7,364,800

 

 

$

0.18

 

Exercised

 

 

160,000

 

 

$

0.10

 

Forfeited

 

 

-

 

 

 

-

 

Expired

 

 

-

 

 

 

-

 

Outstanding at end of period

 

 

17,143,468

 

 

$

0.50

 

 

 



   

 

 

As of December 31, 2012

As of December 31, 2012

 

Warrants Outstanding

Warrants Exercisable

 

Number

Outstanding

Weighted-

Average

Remaining

Contract Life

 

Weighted-

Average

Exercise Price

Number

Exercisable

 

 

Weighted-

Average

Exercise Price

 

Range of

Exercise Prices

 

$

0.001

299,769

0.0

$

0.001

299,769

$

0.001

 

$

0.075

350,000

5.0

$

0.075

350,000

$

0.075

 

$

0.09

600,000

5.0

$

0.09

225,000

$

0.09

 

$

0.15

6,614,800

4.7

$

0.15

4,764,800

$

0.15

 

$

0.25

200,000

2.8

$

0.25

200,000

$

0.25

 

$

0.40

1,299,999

2.2

$

0.40

1,299,999

$

0.40

 

$

0.50

2,694,450

1.5

$

0.50

2,694,450

$

0.50

 

$

0.60

975,000

4.0

$

0.60

975,000

$

0.60

 

$

0.75

200,000

2.8

$

0.75

200,000

$

0.75

 

$

1.00

2,909,450

1.3

$

1.00

2,909,450

$

1.00

 

$

2.00

1,000,000

1.0

$

2.00

1,000,000

$

2.00

 

$

0.001  - 2.00

17,143,468

3.0

$

0.53

14,918,468

$

0.56