| Summary of outstanding options |
| |
|
Number of
shares
|
|
|
Weighted
Average
Exercise Price
|
|
Options outstanding at December 31, 2012 |
|
|
4,500,000 |
|
|
$ |
1.46 |
|
Options granted |
|
|
870,665 |
|
|
$ |
1.15 |
|
Options exercised |
|
|
- |
|
|
|
- |
|
Options forfeited/canceled |
|
|
(150,000 |
) |
|
$ |
1.46 |
|
Options outstanding at September 30, 2013 |
|
|
5,220,665 |
|
|
$ |
1.41 |
|
|
|
| Summary of outstanding warrants |
| |
|
Number of
shares
|
|
|
Weighted
Average
Exercise Price
|
|
Warrants outstanding at December 31, 2012 |
|
|
11,295,969 |
|
|
$ |
3.50 |
|
Warrants granted |
|
|
14,951,335 |
|
|
$ |
1.84 |
|
Warrants exercised |
|
|
- |
|
|
|
- |
|
Warrants forfeited/canceled |
|
|
(8,417,165 |
) |
|
$ |
4.03 |
|
Warrants outstanding at September 30, 2013 |
|
|
17,830,139 |
|
|
$ |
1.85 |
|
|
|
| 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 |
| |
|
|
|
$ |
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 |
|
|
*Price may be lower if market closes at lower price on exercise date. |
| Summary of warrants related information |
Warrants Outstanding as of September 30, 2013 |
|
Range of Exercise Price |
|
Number
Outstanding
|
|
|
Weighted
Average
Contractual
Life
(in years)
|
|
|
Weighted
Average
Exercise
Price
|
|
| |
|
|
|
|
|
|
|
|
|
$0.50-$30.00 |
|
|
17,830,139 |
|
|
|
2.78 |
|
|
$ |
1.85 |
|
Warrants Exercisable as of September 30, 2013 |
|
Range of Exercise Price |
|
Number
Outstanding
|
|
|
Weighted
Average
Contractual Life
(in years)
|
|
|
Weighted
Average
Exercise Price
|
|
| |
|
|
|
|
|
|
|
|
|
$0.50-$30.00 |
|
|
17,808,339 |
|
|
|
2.68 |
|
|
$ |
1.85 |
|
|
| |
|
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 |
|
|