Annual report pursuant to Section 13 and 15(d)

Note 4 - Stockholders' Equity (Tables)

v3.8.0.1
Note 4 - Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2015
Stock Options And Warrants Tables  
Summary of the warrant activity
    Number of Warrants     Weighted Average Exercise Price  
Outstanding, December 31, 2013:      2,364,183     $ 5.00  
Granted     1,325,155       3.25  
Forfeited     (1,037,240 )     2.50  
Exercised     -          
Outstanding at December 31, 2014:     2,652,098     $ 2.50  
Granted     9,874,823       1.25  
Forfeited     (1,200 )     30.00  
Exercised     -          
Outstanding at December 31, 2015     12,525,721     $ 1.25  
                 
Exercisable warrants:                 
December 31, 2014     2,652,098     $ 2.50  
December 31, 2015     12,525,721     $ 1.25  
Summary of the stock option activity
    Number of Options     Weighted Average Exercise Price  
Outstanding, December 31, 2013     117,110     $ 15.00  
Granted     321,833       5.00  
Exercised     -          
Expired     (112,903 )     22.50  
Outstanding, December 31, 2014     326,040     $ 15.00  
Granted     52,000       3.29  
Exercised     -          
Expired     (3,240 )     61.00  
Outstanding, December 31, 2015     374,800     $ 4.88  
                 
Exercisable Options:                
December 31, 2014     111,485     $ 15.00  
December 31, 2015     270,762     $ 4.88  
Summary of outstanding and exercisable stock options
      Outstanding Options     Exercisable Options  

Range of

Exercise Prices

   

Number of

Options

    Weighted-Average Remaining Contractual Life    

Weighted-Average

Exercise Price

   

Number of

Options

   

Weighted-Average

Exercise Price

 
$ 2.50 to $7.50       373,833       3.34     $ 4.76       266,555     $ 3.66  
$ 7.51 to $50.00       908       .85       50.00       908       50.00  
$ 50.01 to $67.50       59       .71       65.54       59       62.54  
          374,800                       267,522