| Summary of Warrants Issued And Outstanding |
Below
is a table summarizing the warrants issued and outstanding as of September 30, 2015, which have a weighted average exercise price
of $2.01 per share and a weighted average remaining contractual life of 4.7 years.
| Date |
|
Number |
|
|
Exercise |
|
|
Contractual |
|
|
Expiration |
|
Proceeds
to Company if |
|
| Issued |
|
Outstanding |
|
|
Price
$ |
|
|
Life
(Years) |
|
|
Date |
|
Exercised
$ |
|
| 03/15/11 |
|
|
100,000 |
|
|
|
0.50 |
|
|
|
5 |
|
|
3/15/2016 |
|
|
50,000 |
|
| 03/24/11 |
|
|
100,000 |
|
|
|
0.50 |
|
|
|
5 |
|
|
3/24/2016 |
|
|
50,000 |
|
| 04/01/11 |
|
|
100,000 |
|
|
|
0.50 |
|
|
|
5 |
|
|
4/1/2016 |
|
|
50,000 |
|
| 06/21/11 |
|
|
100,000 |
|
|
|
0.50 |
|
|
|
5 |
|
|
6/21/2016 |
|
|
50,000 |
|
| 07/13/11 |
|
|
250,000 |
|
|
|
1.05 |
|
|
|
5 |
|
|
07/13/16 |
|
|
262,500 |
|
| 05/11/12 |
|
|
344,059 |
|
|
|
2.60 |
|
|
|
4 |
|
|
05/10/16 |
|
|
894,553 |
|
| 03/20/13 |
|
|
150,000 |
|
|
|
2.47 |
|
|
|
3 |
|
|
03/20/16 |
|
|
370,500 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
to 12/20/19 |
|
|
|
|
| 06/10/13 |
|
|
29,750 |
|
|
|
2.00 |
|
|
|
5 |
|
|
12/10/18 |
|
|
59,500 |
|
| 08/07/13 |
|
|
45,000 |
|
|
|
2.40 |
|
|
|
3 |
|
|
08/07/16 |
|
|
108,000 |
|
| 11/25/13 |
|
|
456,063 |
|
|
|
2.40 |
|
|
|
5 |
|
|
11/25/18 |
|
|
1,094,551 |
|
| 12/31/13 |
|
|
64,392 |
|
|
|
2.40 |
|
|
|
5 |
|
|
11/25/18 |
|
|
154,541 |
|
| 01/28/14 |
|
|
10,000 |
|
|
|
2.40 |
|
|
|
3 |
|
|
01/28/17 |
|
|
24,000 |
|
| 02/26/14 |
|
|
1,468,475 |
|
|
|
2.20 |
|
|
|
5 |
|
|
02/26/19 |
|
|
3,230,645 |
|
| 09/05/14 |
|
|
10,000 |
|
|
|
2.40 |
|
|
|
3 |
|
|
09/05/17 |
|
|
24,000 |
|
| 09/26/14 |
|
|
24,000 |
|
|
|
3.00 |
|
|
|
3 |
|
|
09/26/17 |
|
|
72,000 |
|
| 11/17/14 |
|
|
19,000 |
|
|
|
3.75 |
|
|
|
3 |
|
|
11/17/17 |
|
|
71,250 |
|
| |
|
|
3,270,739 |
|
|
|
|
|
|
|
|
|
|
|
|
|
6,566,040 |
|
|
| Summary of options issued and outstanding |
Below
is a table summarizing the options issued and outstanding as of September 30, 2015, which have a weighted average exercise price
of $3.50 per share and a weighted average remaining contractual life of 3.9 years.
| Date |
|
Number |
|
|
Exercise |
|
|
Contractual |
|
|
Expiration |
|
Proceeds
to Company if |
|
| Issued |
|
Outstanding |
|
|
Price
$ |
|
|
Life
(Years) |
|
|
Date |
|
Exercised
$ |
|
| 11/25/11 |
|
|
630,000 |
|
|
3.00-5.00 |
|
|
4.5-7.0 |
|
|
05/25/16-11/25/18 |
|
|
2,520,000 |
|
| 09/01/12 |
|
|
30,000 |
|
|
4.31-6.31 |
|
|
|
3.0 |
|
|
03/01/16-09/01/18 |
|
|
159,300 |
|
| 12/13/12 |
|
|
100,000 |
|
|
|
3.01 |
|
|
|
3.0 |
|
|
12/13/15 |
|
|
301,000 |
|
| 03/20/13 |
|
|
37,000 |
|
|
2.35-4.35 |
|
|
|
3.0 |
|
|
09/20/16-03/20/19 |
|
|
123,950 |
|
| 09/02/13 |
|
|
16,300 |
|
|
2.35-4.35 |
|
|
|
3.0 |
|
|
03/02/14-09/02/16 |
|
|
54,605 |
|
| 05/16/14 |
|
|
25,000 |
|
|
3.00-5.00 |
|
|
3.0-5.5 |
|
|
11/16/17-05/16/20 |
|
|
100,000 |
|
| 08/18/14 |
|
|
670,000 |
|
|
2.50-3.00 |
|
|
4.5-5.5 |
|
|
02/18/19-02/18/20 |
|
|
1,842,500 |
|
| 08/18/14 |
|
|
20,000 |
|
|
|
3.00 |
|
|
|
0.5-1.4 |
|
|
11/17/15 |
|
|
60,000 |
|
| 05/18/15 |
|
|
20,000 |
|
|
|
3.80 |
|
|
|
4.5 |
|
|
11/18/19 |
|
|
76,000 |
|
| 07/23/15 |
|
|
327,000 |
|
|
|
4.00 |
|
|
|
4.5 |
|
|
01/23/20 |
|
|
1,308,000 |
|
| 08/17/15 |
|
|
75,000 |
|
|
|
3.75 |
|
|
|
5.0 |
|
|
08/17/20 |
|
|
281,250 |
|
| |
|
|
1,950,300 |
|
|
|
|
|
|
|
|
|
|
|
|
|
6,826,605 |
|
|