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Subsequent Events
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Subsequent Events

 

14. Subsequent Events

 

On January 9, 2012, the Company issued 1,102,500 shares of common stock for $2.00 per share. Total cash raised in the offering was $2,205,000. Each share was accompanied by a warrant to purchase an additional share for $2.50 for a period of two years after the issuance date.