Annual report pursuant to section 13 and 15(d)

Common Stock Equivalents (Tables)

v2.4.0.6
Common Stock Equivalents (Tables)
12 Months Ended
Dec. 31, 2012
Common Stock Equivalents [Abstract]  
Summary of fair value of warrants grant date was estimated using a Black-Scholes valuation model
 
   
 Strike Price
   
Historical
 Volatility
   
 Discount Rate
   
Expected Life (Years)
   
Dividend
 Yield
 
Compensation warrants
  $ 1.00 - $1.75       258% - 488 %     0.21% - 2.11 %    
2.79 – 3.00
      0 %
Compensation options
  $ 1.46 - $1.61       264 %     0.42 %     3.47       0 %
Summary of outstanding warrants by expiration date
 
     
Exercise
 
Expiration
Quantity
   
Price
 
Date
           
  5,000     $ 15.00  
April 1, 2013
  50,000     $ 3000  
April 1, 2013
  2,200,000     $ 3.00  
April 27, 2013
  500,000     $ 5.00  
August 10, 2013
  500,000     $ 7.50  
August 10, 2013
  500,000     $ 10.00  
August 10, 2013
 
4,652,165
    $ 3.00  
August 25, 2013
 
10,000
    $
51.50
 
August 25, 2013
  1,277,170     $ 1.66
July 13, 2014
  65,000     $ 1.00  
September 14, 2014
  250,000     $ 1.50  
November 15, 2014
  20,000     $ 1.00  
December 2, 2014
  56,000     $ 1.00  
December 11, 2014
  5,000     $ 1.00  
December 28, 2014
  3,834     $ 30.00  
May 5, 2015
  100,000     $ 1.00  
October 10, 2015
  50,000     $ 1.00  
October 12, 2015
  500,000     $ 2.25  
October 25, 2015
  25,000     $ 2.25  
November 14, 2015
  100,000     $ 1.64  
December 13, 2015
  50,000     $ 20.00  
January 11, 2016
  5,000     $ 1.75  
March 19, 2016
  5,000     $ 1.75  
March 19, 2017
  250,000     $ 1.00  
June 28, 2017
  11,800     $ 1.00  
December 13, 2017
  5,000     $ 1.75  
March 19, 2018
  100,000     $ 1.00  
September 22, 2018
  11,295,968    
Total
 
Summary of warrants related information
    Warrants Outstanding  
Range of Exercise Price
 
Number Outstanding
December 31 ,2012
   
Weighted Average
Contractual Life (in years)
   
Weighted Average
Exercise Price
 
                   
$ 1.00-$51.50    
11,295,968
     
2.14
    $
3.50
 
 
    Warrants Exercisable  
Range of Exercise Price
 
Number Outstanding
December 31, 2012
   
Weighted Average
Contractual Life (in years)
   
Weighted Average
Exercise Price
 
                         
$ 1.00-$51.50    
11,019,168
     
1.66
    $
3.56