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STOCKHOLDER'S EQUITY
 9 Months Ended
Oct. 31, 2011
STOCKHOLDER'S EQUITY
15.  STOCKHOLDER’S EQUITY
 
In the quarter ended April 30, 2011, the Company issued 1,350,000 common shares, bringing the total outstanding shares to 28,985,774. A total of 350,000 shares were issued to Kanehoe Advisors and 1,000,000 shares were issued in connection with the acquisition of Aligned Healthcare Group, Inc. (see Note 17). The 1,350,000 shares were valued at $273,000 based on the fair value of shares at issuance date.
 
On Aug 2, 2011, Apollo Medical Holdings, Inc. ("Apollo") acquired Pulmonary Critical Care Management, Inc. ("PCCM"), a provider of management services to the Los Angeles Lung Center, as well as the formation of its new Division of Pulmonary and Critical Care Medicine. In exchange for a 100% ownership interest in PCCM, Apollo issued 350,000 common shares to the shareholders of PCCM. The 350,000 shares were valued at $70,000 based on the fair value of shares at issuance date.

Warrants outstanding

No warrants were issued by the Company during the nine-months ended October 31, 2011.

   
Aggregate
    
Number of
  
   
intrinsic value
    
warrants
  
Outstanding at January 31, 2011
  
$
-
      
1,655,333
  
Granted
    
-
      
-
  
Exercised
    
-
      
-
  
Cancelled
    
-
      
(113,333
) 
                 
Outstanding at October 31, 2011
  
$
-
      
1,542,000
  

           
Weighted average
          
Weighted
  
     
Warrants
    
remaining
    
Warrants
    
Weighted average
  
Exercise Price
    
outstanding
    
contractual life
    
Exercisable
    
exercise price
  
$
1.500
      
42,000
      
0.03
      
42,000
    
$
1.50
  
$
0.125
      
1,250,000
      
3.00
      
1,250,000
    
$
0.125
  
$
0.125
      
250,000
      
3.00
      
250,000
    
$
0.125
  
 

 
Options outstanding

Stock option transactions under the Company’s stock option plans for the nine-months ended October 31, 2011 are summarized below:

         
Weighted
          
         
Average
          
         
Per Share
  
Weighted Average
      
         
Exercise
  
Remaining
  
Aggregate
  
   
Shares
    
Price
  
Contractual Term
  
Intrinsic Value
  
Balance, January 31, 2011
    
1,150,000
    
$
0.15
        
-
  
Granted
    
-
      
-
            
Exercised
    
-
      
-
            
Expired
    
-
      
-
            
Forfeited
    
-
      
-
            
Balance, October 31, 2011
    
1,150,000
    
$
0.15
  
9.1 years
  
$
12,833
  
                           
Exercisable, October 31, 2011
    
666,616
    
$
0.15
  
9.1 years
  
$
12,833
  

The Company did not issue any stock options during the nine-months ended October 31, 2011 and 2010, respectively.