Quarterly report pursuant to sections 13 or 15(d)

Common Stock Equivalents (Tables)

v2.4.0.8
Common Stock Equivalents (Tables)
9 Months Ended
Sep. 30, 2013
Common Stock Equivalents [Abstract]  
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 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