v3.3.0.814
Warrants (Tables)
12 Months Ended
Dec. 31, 2014
Warrants Tables  
Summary of Stock Warrants Outstanding

A summary of the status of the Company’s outstanding stock warrants as of December 31, 2014 and changes during the periods is presented below:

 

   Warrants  Weighted
Average Price
  Weighted
Average
Fair Value
Outstanding, December 31, 2013    718,107    0.21   $0.07 
               —   
Issued    14,500,000    0.06    0.02 
Exercised    —      —      —   
Forfeited    —      —      —   
Expired    —      —      —   
Outstanding, December 31, 2014    15,218,107    0.07   $0.02 
Exercisable, December 31, 2014    8,551,400    0.07   $0.02 
Schedule of Share Based Compensation Under Stock Warrants Plan by Exercise Price Range

 

Range of
Exercise
Prices
  Number
Outstanding
at
December 31, 2014
  Weighted
Average
Remaining
Contractual
Life
  Weighted
Average
Exercise
Price
                  
 $ 0.05-0.25    15,218,107    3.2 Years   $0.07