| Common stock warrants granted, forfeited or expired and exercised |
| |
|
|
|
|
Weighted
Average Exercise |
|
| |
|
Warrants |
|
|
Price
Per Shares |
|
| Outstanding
September 30, 2011 |
|
4,282,153 |
|
|
$ |
0.70 |
|
| Granted |
|
3,333,334 |
|
|
$ |
0.14 |
|
| Forfeited or expired |
|
0 |
|
|
$ |
0.00 |
|
| Exercised |
|
0 |
|
|
$ |
0.00 |
|
| Outstanding September
30, 2012 |
|
7,615,487 |
|
|
$ |
0.45 |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Granted |
|
1,265,823 |
|
|
$ |
0.12 |
|
| Forfeited or expired |
|
0 |
|
|
$ |
0.00 |
|
| Exercised |
|
0 |
|
|
$ |
0.00 |
|
| Outstanding December
31, 2012 |
|
8,881,310 |
|
|
$ |
0.40 |
|
|
The
following is a summary of the common stock warrants granted, forfeited or expired and exercised.
| |
|
Weighted Average Exercise |
|
| |
Warrants |
Price Per Shares |
|
| Outstanding October 1, 2010 |
0 |
$0.00 |
|
| Granted |
4,282,153 |
$0.70 |
|
| Forfeited or expired |
0 |
$0.00 |
|
| Exercised |
0 |
$0.00 |
|
| Outstanding September 30, 2011 |
4,282,153 |
$0.70 |
|
| Granted |
3,333,334 |
$0.14 |
|
| Forfeited or expired |
0 |
$0.00 |
|
| Exercised |
0 |
$0.00 |
|
| Outstanding September 30, 2012 |
7,615,487 |
$0.45 |
|
|
| Warrants to purchase common stock outstanding |
| Number
of |
Warrant
Exercise |
Warrant |
| Warrants
Issued |
Price
Per Share |
Expiration
Date |
| 595,238 |
$1.26 |
5-Oct-13 |
| 449,438 |
$1.34 |
25-Jan-14 |
| 510,204 |
$1.47 |
23-Feb-14 |
| 2,727,273 |
$0.33 |
9-Aug-14 |
| 1,666,667 |
$0.18 |
21-Feb-15 |
| 1,666,667 |
$0.09 |
20-Sep-15 |
| 1,265,823 |
$0.12 |
3-Oct-15 |
8,881,310
|
|
|
|
As
of September 30, 2012, the Company has the following warrants to purchase common stock outstanding:
| Number of |
Warrant Exercise |
Warrant |
|
| Warrants Issued |
Price Per Share |
Expiration Date |
|
| 595,238 |
$1.26 |
October 5, 2013 |
|
| 449,438 |
$1.34 |
January 25, 2014 |
|
| 510,204 |
$1.47 |
February 23, 2014 |
|
| 2,727,273 |
$0.33 |
August 9, 2014 |
|
| 1,666,667 |
$0.18 |
February 21, 2015 |
|
| 1,666,667 |
$0.09 |
September 20, 2015 |
|
| 7,615,487 |
|
|
|
|