Annual report pursuant to Section 13 and 15(d)

Warrants and Options (Table)

v2.4.0.6
Warrants and Options (Table)
 12 Months Ended
Dec. 31, 2012
Summarizing Warrants Issued And Outstanding

Below is a table summarizing the options issued and outstanding as of December 31, 2012.

 

Date   Number     Exercise     Contractual     Expiration     Value if  
Issued   Outstanding     Price     Life (Years)     Date     Exercised  
12/31/10     -     $ -       -       -     $ -  
11/25/11     720,000       3.00-5.00       3     5/25/15-11/25/17       2,880,000  
09/01/12     30,000       4.31-6.31       3     03/01/16-09/01/18       159,300  
12/13/12     100,000       3.01       3     12/13/15       301,000  
12/31/12     850,000     $ 3.93       -       -     $ 3,340,300  
Warrant [Member]
  
Summarizing Warrants Issued And Outstanding

Below is a table summarizing the warrants issued and outstanding as of December 31, 2012.

 

Date   Number     Exercise     Contractual     Expiration     Value if  
Issued   Outstanding     Price     Life (Years)     Date     Exercised  
12/31/10     -     $ -       -       -     $ -  
03/15/11     200,000       0.50       5     3/15/2016       100,000  
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  
05/11/12     26,685       1.75       3     05/10/15       46,699  
12/11/12     50,000       3.25       3     12/11/15       162,500  
12/31/12     1,170,744       1.30       -       -     $ 1,616,252